BETTSVILLE - Bettsville Local School District's financial planning and supervision commission approved its recovery plan during a meeting at the school Wednesday afternoon.
The commission was formed after the auditor of state declared the school was in a state of fiscal emergency Feb. 6. The commission had 120 days to adopt the recovery plan, which is to be submitted to the state superintendent by the end of the week.
The state superintendent has 30 days to approve it, Chairman Roger Hardin of Ohio Department of Education said.
The Bettsville district is making plans to transfer its property to Old Fort Local School District.
Gov. John Kasich approved a bill dealing with the forgiveness of school debt Monday, and as a result, the district's $775,000 of debt is forgiven. The approval was one of the final steps in the transfer of property.
Superintendent Steve Anway said the North Central Ohio Educational Service Center board is to meet at 7 p.m. Tuesday, and he did not anticipate any public opposition.
The close of business for the Bettsville district would be June 30.
Commission member Gary Harrison, a Bettsville High School graduate, expressed sadness but said he is happy the district is going with Old Fort Local School District. Fellow member Sharon Hanrahan said she understands it is sad, but there are a lot of possibilities in the future.
"I think, all in all, it is a good move," Hardin said.
In other business, the commission approved money transfers, final and temporary appropriations, purchase orders and service contracts.
The next meeting is 1 p.m. June 30, and the commission is to consider a resolution to disband.