GRANGER TWP. — Highland Schools’ five-year fiscal forecast indicates that if voters don’t renew an operating levy, the district could face a $7 million deficit in fiscal year 2021, the district’s treasurer said.
“The forecast does assume the passage of an expiring levy that has a current effective millage of roughly 5.1 mills and currently generates a little over $4.1 million annually,” Treasurer Neil Barnes said Tuesday. “The last year of collection for this levy is calendar year 2018.”
Voters first passed the levy in 1998 and renewed it in 2007.
“Fiscal years 2019 through 2021 show the dramatic impact of not passing the renewal” — jumping from a $2.7 million surplus in fiscal year 2017, he said, to a $2.5 million deficit in 2019 and $7 million deficit in 2021.
Barnes’ report, presented to the school board Monday, shows the district expects to receive about $32 million in fiscal year 2017 and $28.3 million in fiscal year 2021. The years in between show slight increases and decreases in total revenues — with $32.1 million anticipated in 2018, $29.8 million in 2019 and $28 million in 2020.
Total expenditures for fiscal year 2017 are anticipated to be $29.2 million and $35.4 million for fiscal year 2021.
Barnes said his financial forecast includes estimated new construction growth for homes and property in the district of about 1.5 percent annually. He said in tax year 2016, the district saw a 1.88 percent increase in new construction growth compared with tax year 2015.
“Overall the district is in relatively good financial shape,” Barnes said.
- The board approved a status change and two-year contract for Carrie Knapp. She will move from high school assistant principal to principal, effective Aug. 1. Her annual salary will be $95,000. She succeeds Dana Addis, who is leaving the district July 31 to become superintendent at Norton Schools in Summit County. He worked in the Highland district for six years.
- Highland Pride Award winners Jan Novosielski, middle school office aide; and Medina County sheriff’s Deputy Sharon Centner, community volunteer and DARE officer; were recognized Monday night. The women were nominated and then chosen by a committee for their service work. Novosielski, of Hinckley Township, has worked for Highland Schools for 26 years. Centner resides in Sharon Township.
Contact reporter Halee Heironimus at (330) 721-4012 or firstname.lastname@example.org.