Tyler Arnold

This Financial Forecast Report for the Princeton City School District outlines the district's projected financial trends from Fiscal Year 2026 to 2030, aiming to encourage financial sustainability and stability. It provides a detailed overview of anticipated revenues, including property taxes, state funding, and other operating sources, alongside a comprehensive breakdown of projected expenditures across personnel services, employee benefits, purchased services, supplies, capital outlay, and debt. The report forecasts a decline in the cash balance, with expenditures projected to outpace revenue growth, leading to a revenue shortfall by the end of the forecast period. It serves as a basis for long-range planning and identifying potential financial challenges.

The provided excerpt does not contain specific details regarding the strategic direction, core pillars, or intended outcomes of the Princeton City Schools' Strategic Plan. The document references the existence of a strategic plan across various departments and for different stakeholders.

The meeting commenced with procedural items, including the approval/revision of Agenda Addendum #36.26 and an inspirational message from Sharonville Elementary School. A significant portion of the agenda involved an Executive Session to discuss the employment and compensation of a public employee. The Consent Agenda included the acceptance of gifts, certification of funds, appointment of the Treasurer as the Tax Incentive Review Council Representative, approval of various service agreements, second reading and approval of the 2027-2028 School Calendar and 2026-2027 POLARIS Curriculum Guide, and approval of the Personnel Report. Under District Business, the Board approved the January 2026 Financial Report and a contract form with The Education Magazine. Discussion topics included an academic update focusing on mid-year growth results and reasons for fluctuations, and a discussion regarding homeschooling students attending core classes, which prompted a need to review board policy. The Treasurer reminded the board about the upcoming forecast and potential appropriation amendments. The Superintendent's Report covered various district activities and upcoming events. The meeting concluded with a second Executive Session concerning employment and compensation, followed by adjournment.

The meeting began with procedural opening items, followed by a public comment regarding the Princeton City School District Strategic Plan. Two executive sessions were held; the first to discuss the employment and compensation of a public employee, and the second to also discuss employment compensation and to review negotiations concerning public employee compensation. The consent agenda included approvals for several items, such as the certification of funds, a service agreement with Hamilton County ESC for Occupational Therapy, renewal memorandums for Title I Pooling, overnight field trips, the bullying summary for the first semester of 2025-2026, and contracts for the Treasurer and Superintendent, along with the overall Personnel Report. District business involved the approval of an Amended Appropriation Resolution and Amended Certificate of Estimated Resources, approval of the Financial Forecast, and approval of a contract with Constellation Natural Gas. A specific policy discussion was also held.

The special meeting commenced with procedural items, including the approval of Agenda Addendum #29.26. Recognitions included a presentation for School Board Recognition Month. A key discussion focused on the facilities update, specifically designs for the football field turf and track replacement, which is scheduled to begin removal on February 5th. During public comment, the district's strategic plan, wellness focus, and concerns regarding snow removal and student safety at bus stops were discussed. The board entered executive sessions to discuss the employment and compensation of a public employee, and security arrangements/emergency response protocols. The consent agenda included approvals for various service contracts and memorandums of understanding with the Butler County ESC and Hamilton County ESCs, personnel reports, and field trips. District business involved the approval of the Amended Appropriation Resolution and Certificate of Estimated Resources for FY26, and approval of a quote from Lexia Learning Systems. Discussion items included the first reading of the 2027-2028 School Calendar and the first reading of the 2026-2027 POLARIS Curriculum Guide. A financial update covered the impact of the 20 mill floor and property tax reform on revenue forecasts, along with enrollment trends. The discussion on homeschooling was postponed due to member absences.