Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Anthony Wayne treasurer reports revenues up but warns state budget proposals could cut capital funds
Summary
Treasurer Carrie told the Anthony Wayne Local Schools board that the district closed FY2024–25 with revenues exceeding expenditures but remains worried about proposed state budget changes to “inside millage,” the 20-mill floor and other carryover rules that could reduce dollars available for permanent-improvement projects.
Anthony Wayne Local Schools Treasurer Carrie told the district Board of Education on the board’s regular June meeting that revenues for fiscal 2024–25 exceeded expenditures, but she urged caution because state budget proposals could cut funding used for capital projects.
The report, delivered during the board’s June meeting, covered the district’s final appropriation resolution for fiscal year 2024–25, a final amended certificate of estimated resources and temporary appropriations to cover payroll on July 1. Carrie said the district recorded about $3.7 million more revenue than the prior year due primarily to “nexus revenue” and the effect of the 20-mill floor on property-tax receipts.
Those revenue gains offset increases in appropriations of about $1 million over the year, the treasurer said. Drivers included stipends paid under the state “science of reading” program (which were later reimbursed by the state), bringing back staff previously funded by ESSER grants, and some termination payouts.
“Even though we had a lot of change…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
