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Westerville City Schools board adopts updated five-year forecast showing $17 million gap; staff to pursue reserves, transfers and tax options
Summary
The Westerville City Schools Board of Education on May 19 adopted an updated five-year forecast that shows a $17 million shortfall for the 2025–26 school year and directs staff to plan reserve transfers and consider local revenue options amid state funding uncertainty.
The Westerville City Schools Board of Education on May 19 approved an updated five-year forecast that shows the district bringing in about $17 million less in revenue than it plans to spend in fiscal year 2026.
Nicole Marshall, district finance staff, presented the forecast and told the board the district had reduced a previously projected $22 million shortfall to $17 million through budget adjustments. Marshall said the district also recorded a loss of about $4 million in state funding for fiscal 2025 and that one-time items — such as an e-rate reimbursement and ESSER dollars — had distorted year-to-year comparisons.
The forecast approved at the meeting includes a planned one-time transfer out of $45 million to create restricted accounts for predictable future costs, including a termination‑benefits…
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