Cuyahoga Falls board reviews multi‑million dollar recovery plan; closing an elementary and selling buildings are options

The Cuyahoga Falls City School District Board of Education on Feb. 12 heard a financial recovery plan from district finance staff that showed multi‑year deficits and presented a mix of one‑time and recurring options to get the district back into the black.

The presentation, led by Miss Stojcoy (finance presenter), showed the district moved from a projection of roughly a $3.8 million gap in an earlier forecast to a plan that trims that shortfall by about $3.9 million through a combination of revenue changes, expenditure reductions and one‑time infusions. Staff told trustees the Ohio Department of Education (ODE) will not accept building‑sale proceeds as an ongoing revenue source for forecast recovery unless a sale is guaranteed.

Why this matters: the plan affects staffing, bus purchases, building maintenance and whether the district will need to seek new levy revenue. Board members asked for a public process to guide any decision about closing an elementary school and scheduled a future agenda item to develop that process.

Key figures and measures - November forecast: roughly $3,800,000 shortfall in the third forecast year. Staff said earlier assumptions required about a 13 percent revenue increase to balance; after plan adjustments the district now estimates…