Elyria treasurer: state property-tax changes could cut district revenue by about $750,000 a year
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Summary
Treasurer Colleen told the board that five recently passed state bills revise the tax-growth calculations and are expected to limit local revenue growth, reducing the Elyria City School District's annual revenue by about $750,000; the board will review a five-year forecast at a Feb. 4 presentation.
Treasurer Colleen told the Elyria City School District Board on Jan. 7 that a package of five state bills affecting property-tax calculations has become law and is expected to constrain property-tax revenue growth for the district.
Colleen summarized the measures (referenced by bill numbers to the board) and said the main change revises the 20‑mill floor calculation and brings fixed-sum levies into that floor. She said the district expects the combined effect to reduce revenue by approximately $750,000 per year going forward.
She also reported an accounting issue related to the state's reimbursement for the 'science of reading' teacher training: the state initially reimbursed districts but subsequently reclaimed more than $20,000 from Elyria. Colleen said the district will present a fuller five‑year forecast and further details at a Feb. 4 public presentation.
The board approved routine treasurer action items and forwarded the district's 2025–26 tax budget to the Lorain County Budget Commission before the required filing date.