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Canal Winchester district flags state funding losses, watches income-tax receipts; kindergarten and special-education numbers under review
Summary
District officials told the board Aug. 11 that recent state budget changes will reduce state funding over the next two years and that income-tax receipts are running below last year’s levels; kindergarten enrollment was reported at roughly 237 and the district reported about 54 more students with IEPs than last August.
District financial staff and administrators briefed the Canal Winchester Local School Board on Aug. 11 about an uncertain near-term budget outlook tied to state funding changes and lower-than-expected income-tax receipts.
A district financial presenter said the state funding formula changes are expected to produce a loss of roughly $600,000 in the current year with larger reductions next year (the presenter referenced figures in the range of $2.4 million to $2.7 million over a two-year span). The presenter cautioned that the…
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