Treasurer warns state budget vetoes and forecast changes could affect Marysville finances

Treasurer Todd Johnson told the Marysville Exempted Village School District Board of Education on July 17 that the recently signed state biennial budget contains vetoes the district viewed favorably but that several pending legislative moves and a change in forecasting deadlines could materially affect future revenue projections.

Johnson said the governor vetoed several items the district welcomed, including a provision that would have allowed county budget commissions to reduce school millage and a proposal that would have altered how emergency levies are counted in the 20‑mill floor calculation. He also noted the state will change the required forecast schedule from a five‑year outlook to a four‑year outlook; for the district the October forecast deadline will be October 15 and May updates will move to February 28 with thereafter an August/February cadence.

The treasurer reported fiscal year 2025 actual totals now available: total…