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BBH district approves forecast showing growing deficit, recommends 2027 levy planning
Summary
The Brecksville-Broadview Heights board approved a required multi-year forecast projecting a $756,336 FY26 deficit and a larger shortfall of $3.2 million in FY27 absent new revenue; the treasurer said a levy in calendar year 2027 is likely to avoid deeper cuts.
The Brecksville-Broadview Heights City School District board on Oct. 13 approved the district's multi-year financial forecast, which projects a $756,336 deficit in fiscal 2026 and a $3.2 million shortfall in fiscal 2027 unless new revenue is secured. Treasurer Craig Yaniglos told the board the district is 44.7% ($25.3 million) of the way through a projected $57.2 million in revenue for the year and will run a mid-year deficit until the next real-estate tax settlement in January.
Yaniglos said the forecast assumes a $6 million transfer from the Campus Master Plan fund in FY28 as temporary relief and that, under current projections, a levy would need to be placed on the 2027 ballot with first collections expected in January 2028. "We anticipate deficit spending of $756,336 this year, growing to $3.2 million in FY27," Yaniglos said during his presentation. He highlighted that the district is 82.7% locally funded and that personnel and employee benefits are the largest expenditure categories.
The forecast includes scenario planning tied to state legislative uncertainty. Yaniglos noted ongoing bills in Columbus that could limit future local property tax collections and that the state's Fair School Funding Plan phasing in under HB96 creates a moving baseline for state aid. The treasurer recommended that the board begin levy planning so the district can ensure operating stability and preserve programs. The board unanimously approved the forecast and the related budget modifications that align current-year appropriations with the updated projections.
