Updates from Barberton Schools
Community Open Houses
As part of Mayor Judge’s 125 Days of Barberton initiative to celebrate the 125th Anniversary of Barberton, the schools will have community open houses at all four school buildings on Saturday, May 14th. Barberton Elementary East and Barberton Elementary West will be open for tours from 10:00 a.m. to noon, Barberton Middle School and Barberton High School will be open from noon to 2:00 p.m. If you haven’t seen our beautiful school buildings, we would love to have you visit.
Barberton Treasurer Shawnna Jones will deliver the May Five-Year Financial Forecast to the Board of Education at their meeting on May 25th at 5:30 at Barberton High School. All public school districts in the State of Ohio are required to submit a forecast of their finances looking out over the next five years. Since Barberton is funded by the State for 66% of its total revenue and the State only gives us a two year budget, much of the forecast must be based on what we assume the State will budget over the next five years.
If our assumptions are correct, our finances are in stable condition at this point in time, but this stability is based on being able to renew an emergency levy that will expire at the end of 2018. The Board will have the option of asking for a levy renewal sometime in 2017 to extend this revenue. The renewal levy will not raise property owners’ taxes from their present rate.
Even if this levy is passed, based on our assumptions regarding future State budgets, the district projects possible deficit spending in fiscal year 2020. Barberton Schools will work very hard to provide a top-notch education for its students, but still maintain fiscal efficiency in order to stay off the ballot for new money for as long as possible. Currently in Ohio the average cost to educate a child each year is $10,984. In Barberton, we spend $ 10,374 on each child per year.
We hope you can join us for a more detailed presentation of our financial forecast on May 25th.