Amanda Beeman

The Board of Education held a special meeting to address two primary agenda items: the appointment of a new board member to fill a vacancy following a resignation, and the approval of administrative human resource items, specifically the appointment of new elementary school principals.

The board meeting included a welcome for a newly appointed board member, followed by reports from the board president regarding committee activities and updates on policymaking. The primary presentation focused on the Olentangy Schools Special Olympics program, detailing its history, growth, sport offerings, inclusion initiatives, and the impact of the peer volunteer program. Several athletes, coaches, and peer volunteers shared their personal experiences and reflections on their involvement in the sports program.

This document presents the five-year financial forecast for the Olentangy Local School District, projecting revenues and expenditures through Fiscal Year 2030. It details expected trends in key revenue sources, such as property taxes and state grants, and major expenditure categories, including personnel services, employee benefits, and purchased services. The forecast indicates a projected revenue shortfall, with expenditures anticipated to grow faster than revenues, potentially leading to a negative cash balance by the end of the forecast period. The report serves to inform long-range financial planning, assess the district's financial health, and identify potential fiscal challenges.

This financial forecast presentation for Olentangy Schools outlines projected revenues and expenditures for the upcoming five-year period. It details anticipated changes in general fund revenues, focusing on real estate and state funding, alongside general fund expenditures, with an emphasis on personnel costs including salaries, benefits, and staffing growth. The document aims to provide insight into future financial trends and assess the necessity for an operating levy.

The committee discussed the Fall Fiscal Year 2026 Five-Year Forecast Draft, including an overview of the forecast and its underlying assumptions. Additionally, the committee reviewed an overview of the recently approved House Bill 96 during the new business portion of the meeting.