Youngstown school board makes progress on deficit
YOUNGSTOWN — The school board Tuesday reported progress the district has made toward reducing its deficit, which at about $4 million is roughly $1 million less than in November.
Still, Treasurer Bryan Schiraldi said at the board’s meeting Tuesday that expenses exceed revenue, a trend that is expected to continue for the next few years. Meanwhile, the district will keep working at ways to lower costs.
The fiscal year for the district ends June 30, which is when final projections will be known.
In other news, the board agreed to place a four-year, 10-mill renewal levy on the May ballot. If approved, it will continue to generate about $5.3 million per year
“I believe last time it was approved with about 60 percent of the vote so our community has always been great about supporting our schools, and I hope we continue to do that,” Schiraldi said.