Tue January 8, 2013
Two Local School Districts Facing State Fiscal Oversight
The Ohio Department of Education notified the Fairborn City School District yesterday that it will be placed in "a state of fiscal caution" next week and the Huber Heights City School District is also facing a similar designation. It would mean that the districts would borrow money from the state for operations which would need to be repaid.
The Dayton Daily News reports both districts plan to request larger levies in May than the ones that were defeated in November. Fairborn's treasurer is asking the school board to approve an 11.7-mill emergency levy to generate $7 million annually over 10 years, and Huber Heights already will ask voters to approve a 9.95-mill levy. Budget cuts are also part of Huber Heights' school district plan to address their fiscal issues. Fairborn school officials have not yet said where they will make cuts. Their plan is due in March.
The Ohio Department of Education reports that 19 school districts in the state are in fiscal caution.