Positive balance forecast for Perrysburg schools

10/19/2005

The Perrysburg Board of Education adopted a five-year forecast Monday that leaves the district with a positive balance through the end of June, 2009.

By the following June, the district would have a $4.2 million deficit. Part of the decrease in revenue comes from the state s elimination of tangible personal property taxes.

Revenue also is expected to decrease when the four-year incremental emergency levy voters approved last November comes to an end.