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Warren Local board approves five-year forecast, $6 million deposit and benefit renewals as state budget looms
Summary
At its May 22 meeting the Warren Local Board approved the district five-year forecast, a $6 million memorandum of agreement for public funds deposit, membership in a SEOVEC dental plan and health insurance renewals; Treasurer Kathleen Wells warned HB96’s outcome could reduce projected revenues.
The Warren Local Board of Education on May 22 approved the district’s five-year forecast, a memorandum of agreement to deposit up to $6,000,000 with Peoples Bank and several benefits and pricing actions, while Treasurer Kathleen Wells warned that the state budget bill (HB96) could materially affect projected revenues.
Wells presented the forecast and told the board that assumptions about local and state funding underlie the district’s projections and that a drop in either or both funding streams could “have great impact to the District’s cash balances within the forecast period.” The board moved to approve the forecast and related financial items under RES. NO. 37-25; the motion (Mr. Crum, second Mrs. Greenup) passed on a roll-call vote with Allen, Crum, Greenup, Proctor and Roush recorded in favor.
The board also approved a Memorandum of Agreement for Deposit of Public Funds with Peoples Bank, National Association for up to $6,000,000 covering March 18, 2025 to March 17, 2029, and membership in the Southeastern Ohio Voluntary Education Cooperative (SEOVEC) self-funded dental insurance program with Delta Dental at a 0% increase for July 1, 2025–June 30, 2026.
Administrators presented health insurance renewal rates effective July 1, 2025. Examples provided to the board show the PPO single medical and prescription total rising from $1,680.85 to $1,779.07 per month and the PPO family total rising from $3,409.12 to $3,608.32 per month. High-deductible plan totals also increased (HD single from $1,190.67 to $1,260.25; HD family from $3,027.73 to $3,204.65).
The board approved the district’s proposed meal-pricing schedule for 2025–26, which keeps student breakfast and student lunch listed as no cost across elementary, middle and high schools and sets adult lunch at $5.50. The administration presented detailed à la carte pricing (examples: small yogurt $0.75, bottled water $1.25, mini Rice Krispie treat $0.25).
Why it matters: The five-year forecast frames long-range budgeting for schools and capital planning; Wells’ presentation highlighted that pending state budget actions (HB96) introduce uncertainty that could force adjustments to programming or staffing if funding shortfalls occur. The deposit agreement and benefit renewals formalize short-term fiscal arrangements and employee coverage going into the next fiscal year.
The board will next meet June 26, 2025, at Warren High School’s Warrior Room.
