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Westerville superintendent warns cash-reserve limit in budget amendment would force deep cuts
Summary
Angie Hamburg, superintendent of Westerville City School District, told the House Finance Committee that an amendment that would allow auditors to suspend property-tax collections for districts with cash balances over 25% would rapidly deplete her district's operating cash and force cuts to programs and positions.
Angie Hamburg, superintendent of the Westerville City School District, told the Ohio House Finance Committee on April 8 that an amendment under consideration in the state operating budget would force her district to make deep, immediate cuts and likely return to the ballot annually.
Hamburg said the proposed change — language discussed in committee that would permit the auditor to suspend property-tax collections for any district with a cash balance greater than 25% — would remove the district’s primary cushion for recurring operations and long-term contracts.
The superintendent said the district serves nearly 15,000 students, employs nearly 2,000 people and uses a positive unreserved cash balance to smooth operations and sign multi-year contracts. “The only band aid we have right now is our cash balance,…
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