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Board hears large tax‑revenue shortfall; union asks district to consider permanent pay increase
Summary
Finance official Steve Bennett reported a sharp drop in tax revenue compared with last year; Education West Virginia asked the board to convert a winter stipend into a permanent 5% local pay raise and to increase supplemental pay for academic coaches.
Ohio County’s finance staff told the board on April 27 that tax revenue is significantly below last year’s receipts and that the district will monitor cash flow and budget plans as the shortfall becomes clearer.
Steve Bennett, speaking for the finance office, said March tax revenue last year was $10,100,000 while the most recent tax draw for the same month was $2,800,000. "Beyond that, tax revenue last year compared to this year to date was about $13,000,000 more last year," Bennett said, and he identified an…
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