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Garfield Heights board hears treasurer say district cut spending; $990,000 variance noted
Summary
The school board reviewed July financials and heard Treasurer Mr. Olko say the district made significant cuts after its failed renewal levy, noting about a $990,000 variance in expenditures and that federal grants for fiscal 2025 were closed out.
The Garfield Heights City School District Board of Education on Aug. 18 reviewed July financials and heard Treasurer Mr. Olko say the district has made significant spending cuts and restructuring following the failed renewal levy, producing “about the $990,000 variance in expenditures.”
Mr. Olko, the district treasurer, told the board, “July is the first month of our fiscal year that we flipped over, and you'll see in the report that it was significantly under in expenditures ... it's about the $990,000 variance in expenditures.” He said that…
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