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Board approves 5‑year forecast as treasurer warns state funding changes, vouchers and HB96 could force cuts
Summary
The board approved the district's May 5‑year forecast showing flat revenues, rising expenditures and a projected negative fund balance by 2028 under current law; the treasurer highlighted uncertainties from the governor's budget and proposed property‑tax reforms (including House Bill 96) that could cut state support and limit carryover reserves.
Madam Treasurer, a district finance official, presented the Dayton City School District five‑year forecast at the May 29 meeting and told the board the document must be filed while the state budget remains unsettled. "The state budget process will not be finalized until June. Our 5 year forecast has to be filed by May," the treasurer said.
The forecast shows DPS is heavily dependent on state funding (about 62% of general‑fund revenue) with local revenue making up about 38%. Under current assumptions the forecast projects a declining cash balance and a negative fund…
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