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Goshen treasurer warns House Bill 96 carryover cap could hinder district planning; reports fund balances, CEP boost and grants
Summary
Treasurer Todd Schenkel told the board the district is in a strong fiscal position with recent revenue increases and federal offsets, but warned that proposed state changes — notably a 30% carryover cap in House Bill 96 — could constrain reserves and long‑term planning.
At the Goshen Local School District board meeting, Treasurer Todd Schenkel gave the board a multi‑part financial update, reporting current revenue, fund balances, recent grants and potential state policy risks that could affect long‑term planning.
Schenkel said the district began the fiscal year with about $15 million in the general fund, has collected roughly $35 million in revenue year‑to‑date and currently shows an ending fund balance in the high‑$19 million range. He stressed those balances have enabled investments such as the Goshen Middle School cafeteria renovation and community…
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