CANFIELD — The Canfield Board of Education will receive a recommendation June 20 from the district’s administration if a new levy should be placed before voters and if so, when and at what millage.
The school board met in a work session today to review the district’s most-recent five-year forecast, which it submitted to the state May 31.
The district’s ending cash balance plummets from about $2.3 million at the close of fiscal year 2014 to $157,927 by the end of fiscal year 2015. The cash balance at the end of fiscal year 2016 is expected to be in the red about $2.5 million, according to the forecast.
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Comments
The Canfield BOE should mull having all administrators and employees pay 20% of their health-care benefits. That seems fair and would help reduce some of the deficit. I wonder if anyone ever thought of that.
I'm guessing any type of pay cuts are out of the question
Let the "black squirrels" worry about it
quit wasting money on placing ballot issues that wont pass. the board is composed of ex-teachers who want their cronies to stay fat and happy. vote No, No and No again .
It really is amazing the denial the public sector continues to believe in. They still think that they are immune to reality and that taxpayers are stupid enough to pass levy after levy so that they can continue to expand their wages and benefits while those footing the bill pay more for health care, accept wage cuts, and watch as their pensions are cut or their 401K's are at the mercy of the stock market. More for them and less for you is what they should put on their campaign literature.