Deficit projected for Tiffin Schools
The annual five-year forecast was presented Tuesday evening during the regular Tiffin City Board of Education meeting.
The forecast includes revenues, expenditures and changes in fund balances for the fiscal years ending June 30, 2018 through 2022.
District Treasurer Sharon Perry presented the forecast, which is to be presented to the Ohio Department of Education by Tuesday.
Included in the forecast was total revenue for 2022, which is to decrease by an average 2.4 percent per year, totaling $25,622,684. Total expenditures are forecast at $32,657,078.
The forecast includes no increase in state funding. It also reflects a decrease in property tax collection when the emergency operating levy expires at the end of next year.
The forecast is balanced for 2018 with a predicted deficit starting in 2019, Perry said. The district’s funds are to return to a positive balance in 2020 if the emergency operating levy is renewed.
The next update of the five-year forecast is due in May. The forecast can be found on the district’s website or the ODE website.
Perry said the levy is a 4.4-mill, five-year emergency operating levy first passed in 2004 and raises $1.6 million a year.
Chris Widman, board president, said the district has the options of renewing the current levy, converting it into a standard levy or extending it to a 10-year levy.
Board Vice President Dean Henry said if the district plans to build a new elementary school, it would need voters to approve additional funds.
On another matter, TCS Superintendent Gary Barber discussed the possibility of revamping the district’s logo to have a common brand throughout the district.
“This would show consistency,” board member Randy Schwartz said.
Assistant Superintendent Robert Boes discussed bringing back the Crystal Apple Award to recognize district teachers and staff. He talked about establishing a small committee to roll it out in January.
During public comment, Clarissa Allen of Tiffin talked about the positive things she continues to see throughout the district. For example, the recent trunk-or-treat event at the Lincoln Pre-K Elementary School Building.
“It was a great success,” she said.
She also enjoyed having lunch with her daughter at Krout 2-3 Elementary School as part of the students of the month program.
The board entered into executive session to discuss the purchase or sale of property and imminent court action. No action was taken.
In other news, the board:
• Heard committee reports.
• Approved employment, retirements and resignations.
• Accepted donations and grants.
• Approved a contract with Mental Health and Recovery Services Board of Seneca, Sandusky and Wyandot Counties for SPF Grant services not to exceed $3,000 for July 1-June 30, 2018.
• Approved a contract with North Central Ohio Educational Service Center for educational consultant services in the amount of $558 per day.
• Approved revised board policies and regulations.
• Approved boys’ basketball overnight scrimmage.
• Approved cross country Midwest Regional Championship Meet.
• Approved salary and wage schedule adjustments for district employees with an added increase of 3 percent for the 2017-18 contract year.
• Approved employment of non-licensed individuals: Roman Williams, seventh/eighth grade wrestling, and Kory Walton, head varsity bowling.
• Approved a contract with Calvert Catholic Schools for intervention specialist services for 2017-18 for $57,600.
The board meets at 7 p.m. Nov. 28 in the cafetorium of Tiffin Middle School, 103 Shepherd Drive.