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Twinsburg board approves tax budget, authorizes advances and signs multiple service agreements
Summary
On Jan. 15 the Twinsburg City School District approved its fiscal 2026 tax budget, passed a resolution authorizing advances of local taxes under Ohio law, accepted financial reports and approved several contracts and expenditures including a $13,675 Beach Brook agreement and a $54,640 tuition for three alternative-education placements.
The Twinsburg City School District Board on Jan. 15 approved its tax budget for fiscal year 2026, passed a resolution authorizing the county fiscal officer to advance local tax collections under Ohio law and approved multiple contracts and expenditures affecting the district’s general and special funds.
Treasury presentation: a district staff member who presented the tax-budget slides told the board the county’s valuation figure for fiscal 2026 is $350,436,410 and reviewed how inside millage and reduction factors affect what each levy yields. The presenter explained the tax budget must be filed with the county by Jan. 20 and that the county budget commission will use the submission to prepare estimated resources for the district’s fiscal year 2026.
Key fiscal actions approved by the board included: - Adoption of the…
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