Wednesday, October 11, 2000
Lakota levy called critical
By Sue Kiesewetter
Enquirer Contributor
WEST CHESTER TWP. The Lakota Local Schools this year will spend $4.9 million more than it receives in state aid and taxes, even after cutting spending by more than $2 million.
By using reserves, the district will end the school year with a $3.3 million balance or enough money to operate this fast-growing district of 15,154 students for 11 days.
That's why educators say passage of a single 6.74-mill levy that includes money for operations and to build two new schools is critical. Without the $8.3 million the operating-levy portion would raise each year, administrators say severe cuts would have to be made.
At Monday's board of edu cation meeting, Superintendent Kathleen Klink noted that 85 percent of the district's budget goes toward salaries and benefits.
In presenting a five-year forecast, Lakota Treasurer Alan Hutchinson said the deficit spending will hurt the district's bond rating and if a levy doesn't pass, could bring scrutiny from the Ohio Department of Education. The first step would be to request certification of the deficit from the auditor's office along with developing a plan to reduce spending for the next three years.
We run the risk of ... being put in fiscal watch or fiscal emergency by the state, Mr. Hutchinson said. Should that happen, the board could lose discretion over the budget, with many programs being cut to state minimum standards.
Mr. Hutchinson said cuts would have to come from several areas because reducing the budget in any one area would not be enough to address the projected deficits, estimated at $1.8 million in 2003.
Tristate campaign cash flows steadily
Non-stadium issues debated
Race tension simmers at Amelia High
SAMPLES: Uncharmed
Crash kills longtime Southwest Ohio pilot
KKK seeks permit for Fountain Square cross
Laney targets Butler sheriff
Covington candidates to debate
Crack KOs ex-champ
CROWLEY: Anti-abortion leader on attack
Fairfield buys new siren system
Fairfield schools get new leader
Insurers' decisions awaited
Kenton to adjust payroll taxes
Ky. tax burden still above national average
Lakota levy called critical
Landfill loophole has city helpless
Lebanon makes promise to extend rail tracks
Lucas unveils political TV ads
Mason's anti-porn 'homework'
More Enquirer readers pick Bush in education survey
New sign-up method for magnet schools
Ohio board proposes more school funding
Panel sees problems in proficiency tests
Park chief: Ski lodge should be torn down
Secure living possible
Kentucky News Briefs
Tristate A.M. Report