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Tallmadge City Schools warn of multi‑year funding shortfall, urge May levy as staff and route cuts loom
Summary
District finance staff presented a forecast showing roughly $2 million in lost state base‑cost funding over four years tied to valuation and state formula effects; the board approved the forecast and discussed built‑in reductions and a May levy as the primary remedy.
Tallmadge City Schools officials told the board on Feb. 18 that state funding formulas and a recent reappraisal have combined to produce a projection of shrinking state aid and a multi‑year budget shortfall, and they urged community support for a levy on the May ballot.
In a detailed presentation, Speaker 2, the district finance presenter, said the increase in local property valuation — and the structure of state rules commonly referenced as House Bill 920 — reduced the district’s "state share" and…
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