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Cuyahoga Falls board outlines options after five‑year forecast shows roughly $4 million shortfall

Cuyahoga Falls City School District Board of Education · August 14, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Cuyahoga Falls City School District board reviewed a five‑year forecast projecting an approximately $4 million deficit and discussed options including attrition-based staffing reductions, selling vacant properties in year three, adjusting open enrollment, and pursuing a levy or permanent improvement funding to stabilize finances.

The Cuyahoga Falls City School District Board of Education spent the bulk of its Aug. 14 meeting on a five‑year financial forecast that shows a likely operating deficit the district expects to address through a formal financial recovery plan.

"None of this is coming from a place of getting rid of any existing staff," the board president said, emphasizing the district's intent to use a deliberate, multimonth planning process rather than immediate layoffs. The treasurer/CFO told the board the May forecast showed the district "was at about $4,000,000 in the red," and laid out several options for the board to consider.

Officials discussed using natural attrition as a primary tool to reduce staffing costs over time, saying attrition would allow…

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