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Fairborn City Schools treasurer warns state budget simulations could reduce future aid
Summary
Treasurer reported January finances were near projection but cautioned a state budget simulation could cut Fairborn City Schools’ funding in the second year, while expenditures — especially for special-needs contracts — are trending above projections.
The Fairborn City Schools treasurer told the board on Feb. 6 that district receipts for January were “right on target” but warned a governor’s proposed state budget could reduce the district’s funding in its second year.
The treasurer said income-tax receipts matched projections and that overall receipts were below year-to-date projections by “one-fifth of 1%.” On expenditures, salaries and benefits were running above projections but “not a dangerous level.” The treasurer…
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