Twinsburg Schools Expected to Get $2.8M Boost in State Funding

State funding to Twinsburg is expected to increase 104 percent in 2014.

Twinsburg is one of the big winners in state funding over the next two years.

The district is expected to get nearly $5.5 million in 2014 from state funding, according to preliminary numbers from the Ohio Department of Education.

That is $2.8 million more than in 2013, when the district received $2.7 million, an increase of 104 percent.

In 2015 the state is expected to dish out $6.8 million to the district, another 25 percent boost, resulting in another $1.3 million.

2013 2014 Increase 2015 Increase Twinsburg $2,677,312 $5,465,921 104.16%  $6,832,401 25%

These numbers are from Gov. John Kasich's budget proposal, and will likely change at least a little as the state legislature haggles out a final budget deal.

Twinsburg taxpayers just approved new levy dollars to fund the schools, with 54 percent of voters supporting the new tax dollars.

A 6.9-mill renewal levy, generating $4.4 million annually, is up for a vote in May.

j. edwards February 08, 2013 at 11:34 AM
2.8 million short term does not replace 4.4 million long term. The district cut too deeply last year. It would be nice to see the levy pass and the funding actually come through in the final vote at the state house. Hopefully then, the disrtict could restore a lot of cuts that went way too far.
77buttons February 08, 2013 at 11:29 PM
The 2012 levy replaces 3.8 million of a 7 million shortfall, bringing it to 3.2 million. The proposed 2014 state aid will bring in an extra 2.8 million - shortfall is now 0.4. Proposed 2015 state aid will bring in 1.4 million more, erasing the shortfall, even though this is short term. Remember also that the district has a 21.9 million cash balance. The May renewal levy is necessary for continued funding, and it will not increase taxes. I'm okay with that. However, Twinsburg BOE wants to make this a continuing levy, which means we never get to vote on the use of these funds again. I'm not okay with that. Ask the Board to change the ballot language to renewal for five years, not renewal on a continuing basis.
Carl S February 09, 2013 at 12:01 AM
we have a BINGO 77buttons!. But they wont. They will keep the language there, and test us:-(. And it will pass!. If it were to fail, they would then change the language and claim, "ooops" for the fall election. What do they have to lose by trying? Nothing!. Its out tax dollars pating to have the levies put on the ballot. Time..after time....after time.....
77buttons February 09, 2013 at 01:10 AM
Let the games begin, then. I'm willing to vote it down in May. The funds from this levy are earmarked for 2014, so there is time for the Board to put this levy back on the ballot. I agree - they have nothing to lose by trying. I think it's time for Twinsburg voters to make the Board work a little harder for our hard-earned money.
The Truth February 09, 2013 at 03:28 PM
With the amount of money the state is sending to Twinsburg, the carryover will continue to grow. At the end of the 2013-2014 budget the carryover will be close to 25 million and at the end 2014-2015 it will be close to 30 million. All employees took a 2 year pay freeze which is the majority of the budget. This along with all the fees the district is changing (which is outlandish) keeps the cost constant for the the next 2 years. HOW MUCH MONEY DOES THIS BOARD AND TREASURER NEED TO RUN THE DISTRICT? THIS IS POOR PLANNING AND AN OVERREACTION BY THE BOARD!! THE BOARD AND TREASURER HAVE NO CONCEPT OF HOW THE SCHOOL FINANCIAL SYSTEM WORKS.


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