Mansfield City Schools faces fiscal oversight risk by 2025 due to projected deficits. Read more about steps being taken to address the financial challenges.
finances
Posted inEducation
Mansfield City BOE approves new 5-year forecast; Mind Body Align services at Spanish Immersion
MANSFIELD — Mansfield City Schools’ projected three-year deficit dropped $2.9 million in the district’s newest five-year forecast. School board members voted Tuesday to approve an updated five-year forecast that reflected the closure of the Tyger Digital Academy and other recent cost-saving measures. Treasurer Barb Donohue’s May forecast projected the district’s unreserved cash balance would drop […]
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Madison treasurer offers rosier financial forecast after school levy passes
MADISON TOWNSHIP — Madison Local Schools will need to continue reducing expenditures, administrators said Wednesday. But the district is in a far better place financially than it was a month ago thanks to the narrow passage of a new operating levy. The Madison Local Schools board of education met in a special session on Wednesday […]
Posted inEducation
Mansfield Schools deficit persists but gap is decreasing
MANSFIELD — Mansfield City Schools Treasurer Tacy Courtright said the district’s finances are improving, in part due to the most recent biennial state budget. Courtright presented the district’s November five-year forecast during a meeting earlier this month. Public school treasurers are required by the state to submit two five-year forecasts a year. These forecasts provide an […]