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Fairfield Union reports $30.2 million in revenue; CEP enrollment raised restricted funding but state budget vetoes leave uncertainty
Summary
The district reported $30.2 million in revenue for the year, higher state foundation payments tied partly to the district's CEP decision, and a year-end balance of $7.6 million; officials said portions of the new state budget were vetoed by the governor and clarifications are pending.
Fairfield Union Local School District officials reported $30,200,000 in total revenues for the fiscal year, up from $27,900,000 the prior year, and said the increase included stronger restricted funding tied to the district’s choice to operate Community Eligibility Provision (CEP) for school meals.
Treasury staff said overall tax receipts rose about 9 percent year over year, with property and income taxes each up just under 5 percent; state foundation payments rose about 11 percent for the year, the treasurer said. The district’s total expenditures for the year were reported at $41,500,000, a figure that the treasurer said includes transfers approved by the board.
The district ended the fiscal year with a general fund balance of about $7,600,000, down from $17,500,000 the previous year. The treasurer described that change as the result of planned transfers and noted earlier forecasts had estimated roughly $16.9 million before transfers were made.
On the insurance side, officials reported medical claims were up roughly 20 percent for the year and the district’s medical fund balance was about $4,200,000 at year end. Dental expenditures edged up to about $250,000. The treasurer said those balances will help offset premium increases for the coming year.
The district also noted a $200 donation from Jonah and Dale Myers to the land lab in memory of Charlie Eversol.
Superintendent Doug Bellville and treasurer staff said the district is still awaiting clarifications about several provisions in the recently passed state budget. Bellville said Gov. Mike DeWine issued multiple line-item vetoes, including an attempted cap on carryovers and a measure on partisan school board elections; district officials said they are watching for administrative guidance and possible veto overrides when the General Assembly reconvenes in September.
Board members did not change policy at the July 7 meeting; the treasurer said staff will provide additional updates as state guidance becomes available.
