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Officials warn state tax proposals could cut Big Walnut funding by millions; board tables transfer to lower property‑tax rate
Summary
Treasurer Scott Gooding told the board that proposed state bills including a substitute for House Bill 186 could reduce district revenue by about $21.98 million over three years. The board discussed a one‑time transfer from the general fund to the debt retirement fund to reduce the property‑tax levy but voted to table the transfer resolution for a
Treasurer Scott Gooding told the Big Walnut Local Schools Board of Education on Oct. 20 that proposed changes at the state level could sharply reduce district revenue and that the district is monitoring multiple bills being considered by the Ohio House Ways and Means Committee.
Gooding and Superintendent Ryan McLane described several proposals under consideration in Columbus and presented estimated local impacts. Gooding said recent fiscal analyses show the district could lose roughly $21,975,000 over three years under the substitute version of House Bill 186, with estimated reductions of $5,422,802 in the first impacted year and $8,276,596 in another year. He and staff said the bills under review also include measures that would change levy calculations and give county budget commissions…
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