Board Pivots in Face of Financial Shortfalls: No Bus Garage, No Levy, Big Cuts
by GalionLive • April 27, 2012 • News & Views, Schools & Health, The Future of Galion • 14 Comments

At its Work Session on Thursday evening, the Galion Board of Education made the first in what will likely be a series of difficult choices over the coming weeks and months. Facing a forecast that calls for increasing revenue shortfalls to skyrocket to some $10 million annually by 2016, the clear picture was given that it is anything but business as usual on Portland Way North.
In response, the Board is pivoting, regrouping, and preparing for reductions.
District Treasurer Linda Kidwell led off a review of the District’s financial condition by sharing a 16-slide five year forecast update. Stating at the outset that only the initial two years of projections are clear as the state budget numbers are not yet known, the slides began with a pie chart review … Read the rest
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