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Treasurer warns House budget proposal could force earlier levies, cut local control
Summary
Centerville City treasurer told the school board that the House substitute for the biennial budget (House Bill 96) proposes a 30% cap on districts' year‑end cash carryover. The treasurer and superintendent said the proposal could force districts to spend reserves quickly or face rate reductions and urged the community to contact legislators.
Centerville City Treasurer Laura Sallborn told the Board of Education that the substitute state budget before the Ohio legislature includes a provision to cap school districts’ cash carryover at about 30 percent of annual operating expenses, and warned that adopting such a cap would create “unforeseen consequences” for local districts.
Sallborn said districts accumulate cash carryover for specific, long‑range needs — for example, boiler replacement cycles, bus purchases, and to stretch levy cycles when revenue is flat — and that a forced cap would likely prompt districts either to spend reserves quickly or to see their local tax rates automatically adjusted by state authorities. “I think the thing that’s important to understand, every district has their own…
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