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Canal Winchester treasurer flags tax-budget changes; district forecasts revenue declines
Summary
Treasurer Mister Roberts told the Canal Winchester School Board the new statewide tax-budget process requires showing the current year, two prior years and estimated tax year 2027. He reported a projected fund total that will prompt questions and outlined forecasted revenue declines tied to state funding formula changes.
The Canal Winchester School Board heard an overview of the district's tax budget and financial forecast during its Jan. 12 meeting.
Treasurer Mister Roberts said the new statewide tax-budget process requires districts to present the current year, two prior years and an estimate for tax year 2027. He told the board the budget commission will likely ask about an itemized funds total that appears as 27,300,000 and that he added explanatory notes "so the budget commission will know why we have funds in the o 70 like we do."
Roberts reviewed near-term forecast impacts tied…
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