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Treasurer warns of funding pressure, forecasts possible $1.5M five-year shortfall
Summary
The district treasurer reported March 24 that revenue is running about 7.8% below last year, the general fund appropriation is about $77.76 million, and a forecast flagged a potential $1.5 million shortfall over five years; board members discussed state policy risks to property-tax revenue.
The Perrysburg Board of Education's treasurer (speaker S3) presented the March financial report at the March 24 meeting and warned of potential funding pressure in coming years.
Key figures and findings: The treasurer said the district's general fund appropriation is about $77.76 million and total district appropriations are roughly $112 million. Cash balances rose after a recent tax settlement; the district sits at about…
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