Funding would remain flat the first year.
If Gov. John Kasich’s budget proposal goes forward, the Lakewood schools would see a slight increase during the next two years. The governor revealed his school funding reform plan last week, promising that no districts would lose money in the next two years under his proposal. The proposal aims to close the gap between high- and low-income districts and, Kasich said, it would be fully funded from the start. The state supreme court has repeatedly found Ohio's school funding system to be unconstitutional. A plan proposed by former Gov. Ted Strickland also aimed to address this, but was not fully funded when passed. Kasich's overall budget proposal was announced on Monday. According to figures released by the state’s Office of Budget and …
Treasurer Rick Berdine said "no easy answers" to budget problems.
Lakewood City Schools Treasurer Rick Berdine’s presentation at Monday’s Board of Education meeting adopted a refrain of hope. “I hope I’m wrong,” he said, more than once. In his Five-Year Financial Forecast presented at Horace Mann Elementary School, Berdine said the district’s operating deficit will be $1.5 million this year, and will grow to about $10.5 million by 2015, thanks to lost revenues from property taxes, state and federal funding, and charter schools. “I cringed putting these numbers up here,” Berdine said. The calculations cannot, by law, include projections for future levies, and did not make any proposed cuts to the $70 million budget. The calamitous economy has dealt a serious blow to the district’s coffers. In 2008, the …
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Horace Mann Elementary School
1215 W Clifton Blvd, Lakewood, OH
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Lakewood City Schools
1470 Warren Rd, Lakewood, OH
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Paul Grimm
4:56 pm on Friday, February 8, 2013
Kasich - pants on fire? http://www.plunderbund.com/2013/02/08/just-as-we-predicted-kasich-lied-about-school-funding-plan/ more ›