Todd M. Adkins

This Long Term Operational Plan, presented as an "Operational Blueprint for Excellence," outlines significant facilities and operations changes for Akron Public Schools. The plan details two options (Kenmore and North) for closing legacy buildings, relocating academic programs, and constructing new facilities, including a K-8 Kenmore School, a 9-12 North Campus, and an athletic complex. It addresses budgetary impacts through cost savings from staffing reductions and deferred maintenance, alongside funding strategies for new construction projects. The overarching goal is to optimize the district's physical infrastructure and educational delivery.

This document presents the Five Year Forecast Financial Report for Akron Public Schools, outlining projected revenues and expenditures from Fiscal Year 2019 to Fiscal Year 2023. The forecast aims to engage the board and community in long-range financial planning, assess the district's ability to meet financial obligations, and identify potential financial issues. Key trends indicate an increasing revenue shortfall, with expenditures projected to grow significantly faster than revenue. The district is heavily reliant on state per-pupil funding, and local property tax revenue is constrained. Significant expenditure categories include personnel services and purchased services, with specific attention to the financial impact of the I Promise School and ongoing efforts to achieve efficiencies.

This Five Year Financial Forecast for the Akron City School District serves as a roadmap for long-range financial planning, aiming to ensure financial sustainability and stability. It projects revenue and expenditure trends from Fiscal Year 2024 to 2028, highlighting an initial revenue surplus followed by projected deficits by FY 2028. The forecast identifies potential financial challenges and guides decisions to balance the budget, focusing on managing revenue sources like property taxes and state grants, alongside controlling personnel and benefit expenditures.

This document details the Fiscal Reorganization & Restructuring Plan for Akron Public Schools, developed to address significant financial challenges stemming from declining enrollment, increased operating costs, flat revenues, and the cessation of ESSER funding. The plan aims to achieve fiscal responsibility, avoid a 'fiscal caution' designation, and align with the District's 'Blueprint for Excellence.' Key strategies include workforce realignment through position eliminations, cost reduction measures, and operational streamlining to maintain a balanced budget while minimizing adverse impacts on student learning and preserving core educational services.

The community meeting provided an update on the Pfeiffer Miller South project, focusing on the new school design, site construction plans, and community engagement efforts. Key topics included the consideration of a new school mascot and color scheme for the school, a project timeline detailing site demolition and upcoming construction phases, the integration of shared spaces and extended learning areas in the new building, and the importance of utilizing existing public parking infrastructure to minimize congestion in the neighborhood.