Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the State Budget topic
No spam. Unsubscribe anytime.
Treasurer warns Worthington could lose $2.2 million under current state budget proposal
Summary
Treasurer TJ Cusick told the board the governor’s budget proposal and formula changes would reduce the district’s state funding by about $2.2 million, urging advocacy and possible resolutions to protect local revenue.
Treasurer TJ Cusick told the board the Worthington district would lose about $2.2 million under the state budget proposal under discussion, a cut he said amounts to roughly 10% of the district’s state funding.
Cusick explained the proposal reduces the state’s share of education funding by using outdated cost indices and failing to index the cost to educate pupils for inflation. He said statewide the governor’s plan would lower the state share of education costs to about 32.2% and that Worthington’s loss translates into a local funding gap equivalent to roughly two‑thirds of a mill in property tax revenue.
Cusick urged the board to make its voice heard with legislators and said he had submitted testimony to the House hearing. Board members discussed drafting a resolution and meeting with area lawmakers; the board asked communications staff to assist drafting succinct talking points for outreach to the House and Senate budget committees.
In related business, Cusick also recommended the board approve filing complaints against the valuations of several non‑residential properties for tax year 2024 as required by state law; the board approved the resolutions in a unanimous roll call.
