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Tallmadge treasurer warns state funding cuts leave district asking voters again in May
Summary
Treasurer Jeff Hostetler told a district video audience the combination of rising staffing costs, a recent property reappraisal and state funding rules (House Bill 920 and a multi‑year funding phase‑in) have reduced Tallmadge City Schools' state aid by about $1.7 million this year and could reach $2 million next year, prompting a May general-fund levy request.
Chad Davis, a member of the Tallmadge City Schools Board of Education, and district Treasurer Jeff Hostetler recorded a video presentation explaining why the district will ask voters again in May for a general‑fund levy.
Hostetler said district expenses are largely fixed—“most of our costs…are in staff and benefits”—so steady salary increases and benefit costs push spending higher year after year. He warned that the district is not generating offsetting local tax revenue because of state limits and recent property reappraisals.
Why it matters: the district says a recent reappraisal raised property valuations that, under the state funding formula and House Bill 920, reduced Tallmadge’s state aid. Hostetler summarized state figures showing the district’s state share of base funding fell from about $7.8 million in fiscal year 2024 to roughly $6.1 million in fiscal year 2026, a current shortfall he described as…
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