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Lebanon board hears financial update, highlights community donations; liaison flags state bills to watch
Summary
The board received a financial update showing 71 days of operating cash and heard about sizeable community donations for Vandergriff Stadium. The legislative liaison briefed the board on several Ohio bills affecting schools, including proposed classroom display requirements and fentanyl-awareness instruction.
At its Feb. 18 meeting, the Lebanon City Schools Board of Education heard a financial report showing the district had about 71 days of operating cash on hand — short of the district target of 120 days but in line with seasonal expectations — and that property-tax advances are beginning to increase the cash balance.
The treasurer's office reported seven months into the fiscal year that revenues were at about 50% of year-to-date expectations (a seven-month target would be about 58%) and expenditures were at 57%, leaving the district within expected variance. The board was told officials expect to land around 113 days of operating cash once property tax receipts are accounted for.
The board also acknowledged a long list of community donations for district facilities. The presenter highlighted Justin Perry’s contribution of “over $13,000” of work at Vandergriff Stadium and Todd Carter of Lebanon Electric Supply’s donation of “over $24,000” to support the facility.
Separately, the board’s legislative liaison provided updates on pending Ohio bills the board may want to follow. She summarized Senate Bill 34, which would require public schools to display a selected historical document in classrooms by July 2026 (options listed in the bill include the Mayflower Compact, Declaration of Independence, 10 Commandments, Magna Carta, Bill of Rights, U.S. Constitution and other documents); House Bill 77, which would direct the Department of Health to develop informational material about type 1 diabetes for elementary parents and guardians; and House Bill 88, which would require fentanyl-awareness instruction for K–12 and a designated week of fentanyl poisoning awareness.
The board approved the financial items in the packet, including amended appropriations, certificate adjustments and a lengthy donations list, by roll-call vote.
Board members asked only brief clarifying questions and thanked community donors for supporting district facilities and programs.
