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Superintendent warns proposed Ohio budget cuts could cost Oakwood about $314,000 in fiscal 2026

2545418 · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Superintendent Neil Gupta told the Oakwood Schools Board the governor's budget proposal would reduce state foundation funding, potentially costing the district roughly $314,000 in FY26 and an additional $313,000 in FY27, and said district leaders are advocating with legislators.

Superintendent Neil Gupta told the Oakwood Schools Board on March 10 that the current Ohio budget proposal would reduce state foundation funding and could cost Oakwood approximately $314,000 in fiscal year 2026 and an additional $313,000 in FY27.

Gupta said the proposed change would shift more of the funding burden onto local taxpayers and would remove or reduce a funding guarantee that many districts have used to plan operations. "Predictable and sustainable funding is essential to maintaining high quality education," Gupta said, adding that he and Treasurer Miss Sauber are engaging with legislators and state associations to seek a fair outcome.

Gupta said the district remains in a strong financial position but that the proposed reductions, if enacted as written, would require future financial decisions to preserve programs. He said district officials are communicating with families and stakeholders as the budget process continues.

Representative Andrea White, who visited the meeting during public comment, described the state budget timeline and said she is working with superintendents, treasurers and other legislators to pursue amendments. White said the current funding formula weights 60% to property valuation and 40% to income and that Oakwood’s high property values and relatively high incomes affect the district’s state share under that formula. She said restoring the funding guarantee for districts like Oakwood is a priority for some lawmakers.

Ending: District leaders said they will continue advocacy work in Columbus and keep families informed as the state budget process proceeds.