Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Worthington board adopts five-year forecast and builds universal all-day kindergarten into budget model
Summary
The board unanimously approved a five-year financial forecast presented by Treasurer TJ Cusick that shows heavy reliance on local property tax revenue, a projected funding gap by 2028 without new levies, and modeling that incorporates universal all-day kindergarten (about $1.2M'$1.4M in expenses offset by roughly $600,000 in state funding).
Treasurer TJ Cusick presented the Worthington City School District's five-year forecast and the board voted to approve it at the regular meeting.
"We are a locally funded school district," Cusick said during his presentation, noting that more than 80% of district resources are local and roughly 75% of revenue is from property taxes. Cusick told the board the forecast was prepared with three years of historical actuals and five years of projections, and that the district's revenue picture is heavily tied to local property taxes and the state funding…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
