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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 said purchase-of-service payments were “significantly above projections” after a large payment — $371,000 — to Greene County ESE for special-needs services.
The treasurer framed those local numbers against the governor’s budget recommendation, which district simulations show would increase Fairborn’s funding in the first year by about $440,000 but reduce it by roughly $495,000 in the second year. The treasurer said the simulation suggests some 450–500 districts statewide could see funding decreases under the current proposal.
The district official emphasized the governor’s proposal is an initial recommendation; the Ohio House and Senate must each produce their own budgets, and the three bodies will reconcile differences. The treasurer reminded the board that state budget action is typically required by July 1 and described the simulation as a first-round estimate rather than a final allocation.
Board members did not take action on the simulation itself. Questions from the board were invited at the end of the treasurer’s presentation.
District staff noted the district remains in a “strong and stable financial position,” with net cash balances projected to end the year around $31–$34 million, but asked the board to watch the continued upward trend in purchase-of-service costs.
Looking ahead, the treasurer said continued monitoring is needed as the state budget process unfolds and the district will update projections monthly.
