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Bellbrook-Sugarcreek warns state cash-cap would flip small surplus into multi‑million deficit
Summary
District treasurer told the Bellbrook Sugar Creek Board of Education that a House-passed plan to cap school cash balances at 30% would turn a projected $530,000 surplus next year into nearly a $6 million shortfall and sharply reduce the district’s days of cash on hand.
Bellbrook Sugar Creek’s treasurer told the Board of Education on May 20 that a House-passed proposal to cap local school districts’ cash carryover at 30% would transform the district’s near‑term finances, turning a projected $530,000 surplus for the next fiscal year into nearly a $6,000,000 deficit and increasing five‑year shortfalls through 2029.
The district’s treasurer said the forecast currently shows about 219 days of cash on hand as of June 30, 2025, and that under the proposed 30% cap the district would drop to about 151 days in 2026 and fall to roughly two weeks of cash by 2029. “We right now, as you can see, we are carrying more,” the treasurer said, adding that a House-passed budget provision would…
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