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South Euclid‑Lyndhurst projects 2028 deficit; board previews master facility plan and November levy

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

District officials told the board a revised state forecast shows a projected deficit in 2028, and presented a four‑phase master facility plan tied to a November ballot levy (Issue 52). Superintendent and staff outlined building needs, reliance on local taxes and potential state fiscal oversight if the gap is not closed.

South Euclid‑Lyndhurst Board of Education leaders told the board on Sept. 16 that a new state reporting schedule and revised forecast show the district projecting a budget shortfall in 2028 and that trustees should consider a November levy to fund building repairs and maintain programs.

The superintendent and business‑operations staff framed the levy as one tool to address an aging building inventory and to avoid deeper state fiscal oversight. “We’re showing red in 2028,” the district’s business‑operations presenter said, noting the state moved the forecast submission to Oct. 15 and changed the required projection window from five years to four. Superintendent Dr. Capel told the board the district has developed a public master facility plan so the community can see priorities before officials ask for voter support.

The forecast change and the district’s condition matter because South Euclid‑Lyndhurst receives a larger share of funding from local taxes than the state average, leaving the district more dependent on property tax revenue and local levies to pay for maintenance,…

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