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Treasurer presents five‑year forecast; board and public raise concerns about state tax proposals and district priorities
Summary
The district treasurer presented the required five‑year financial forecast, highlighting reliance on local property taxes and uncertainties from the governor’s budget and House Bill 96; members of the public and some board members raised questions about forecast assumptions, transfers and administrative pay increases.
The Buckeye Valley Local treasurer presented the district’s five‑year financial forecast and outlined key revenue and expenditure assumptions, including the district’s heavy reliance on local property taxes, potential state‑level changes and the timing of the governor’s budget.
The treasurer said the forecast is required by the Ohio Revised Code and noted that local revenue (property and income taxes) comprises roughly 80% of the district’s revenues while the state provides the remaining share. The presentation emphasized that…
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