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Bellbrook‑Sugarcreek board adopts five‑year forecast, flags levy need by 2029
Summary
The Bellbrook‑Sugarcreek Local board approved a five‑year financial forecast that projects a small deficit in 2027 and warns of a potential $1 million cash shortfall by 2029 if levy revenue is not renewed. Trustees also approved related appropriations and a $33,152 school bus safety grant.
The Bellbrook‑Sugarcreek Local Board of Education on Feb. 12 approved a five‑year financial forecast that shows the district moving from modest surpluses into projected deficit spending by 2027 and warns a levy renewal will be needed to avoid steep cash declines by 2029.
Treasurer (name on record) told trustees the forecast was prepared under Ohio Revised Code section 5705.391 and now includes budgeted revenues and three years of projections, saying the forecast "serves as a foundation for department level budgets" and helps the board determine whether to pursue levy options. The presentation noted the district’s 2026…
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