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Passage of Issue 48 moves Garfield Heights into a small surplus, treasurer says
Garfield Heights Board of Education · November 10, 2025
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Summary
The board heard that passage of Issue 48 will reclassify levy proceeds into the districts general forecast and produce a modest surplus; the treasurer also presented resolution 2025-47 to collect property tax advances in January/February ahead of the March settlement.
During the Nov. 10 meeting, the district treasurer updated the board on the financial impact of Issue 48the renewal levy voters approved in the recent election.
The treasurer said October financial statements will look markedly different in November because levy revenue from Issue 48 will be moved from…
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