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Nordonia Hills board approves five-year treasurer contract; treasurer reports $710,000 fiscal-year deficit
Summary
The Nordonia Hills City School District board on July 28 approved a five-year contract for Treasurer Kyle Kiffer, accepted an addendum to his prior contract and heard a fiscal-year-end report showing a $710,000 deficit that the treasurer said was within recent forecasts.
The Nordonia Hills City School District Board of Education on July 28 approved a five-year contract for Treasurer Kyle Kiffer and a separate addendum clarifying terms of his prior contract, then heard a fiscal-year-end financial report showing the district finished the year with a $710,000 deficit. Board members voted unanimously to approve the contracts and the consent items tied to the treasurer's recommendations.
The treasurer’s report matters because it summarized the district’s recent revenue and expenditure trends and how they compare with forecasts, information board members said they used in recent budget decisions. "We were projecting a negative $4,900,000 for fiscal 2025 in May 2024; the district finished the year with a negative $710,000," Treasurer Kyle Kiffer said during the meeting. "That movement reflects reductions in salaries and benefits and other savings we implemented."
Kiffer told the board…
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