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School budgets

9 of the 16 Summit County districts that filed budgets forecast running short by FY2030

Fiscal Year 2027 First Required Forecast (Fall)

Filed July–August 2026

Every Ohio school district files a budget forecast with the state: three years of actual figures, this year’s budget and the years ahead. On their own forecasts, 9 go below zero by FY2030 if their current levies are renewed and no new one passes, and 2 have already written in a new levy voters have not approved.

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Summit County · 16 of 17 school districts based here, added together — Norton City did not file this one

Cash, June 30, 2026
$275.1M

3.1 months of that year’s spending for them together; the typical one held 2.8 months

Runs short
9 of 16

districts by FY2030, if their levies are renewed and no new one passes

New levy in the forecast
2

districts count one voters have not approved

Forecasts that count a new levy in Summit County

2 school districts have written money from a new levy into this forecast, on the state’s lines for a new income tax (13.010) or property tax (13.020). Voters have not approved it. The unreserved balance counts it as if they had; the balance before it does not.

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Most cash first until a heading is sorted, measured in months of FY2026’s spending (line 4.500), so a large district and a small one can be compared. A forecast only shows a levy its district chose to write in; a levy on a ballot can be missing from it, and one written in may never reach a ballot. What is on the November 3 ballot →

Districts based in Summit County

District activate to sort by District Cash, June 30 FY2026 activate to sort by Cash, June 30 FY2026 Months of spending activate to sort by Months of spending FY2030 before new levies activate to sort by FY2030 before new levies 12.010 Below zero from activate to sort by Below zero from New levy activate to sort by New levy
Akron City $92.1M 2.9 −$87.7M FY2029 —
Barberton City $4.6M 0.9 −$27.8M FY2027 Property and income
Copley-Fairlawn City $20.5M 5.4 −$12.4M FY2029 —
Coventry Local $12.8M 7.0 $13.5M — —
Cuyahoga Falls City School District $746.8K 0.1 −$7.8M FY2028 —
Green Local $10.9M 2.6 −$11.6M FY2029 —
Hudson City $31.7M 4.7 $28.6M — —
Manchester Local $4.2M 2.7 $1.3M — —
Mogadore Local $1.2M 1.3 −$67.5K FY2030 —
Nordonia Hills City $19.4M 4.0 $24.5M — —
Revere Local $24.7M 6.3 $13.9M — —
Springfield Local $6.6M 2.8 −$3.9M FY2029 —
Stow-Munroe Falls City School District $11.0M 1.7 −$13.4M FY2029 —
Tallmadge City $1.2M 0.4 −$6.8M FY2028 Income
Twinsburg City $16.5M 3.2 $1.1M — —
Woodridge Local $17.0M 6.1 $3.5M — —
Portage Lakescareer center, in no total $15.3M 23.6 $16.8M — —

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“Below zero” is the balance with renewals counted and new levies not (line 12.010) — the year a district’s own forecast says it runs short unless something new is approved or spending changes.

Summit County’s total: cash, unencumbered, unreserved — four different balances

The forecast has four balance lines, and each is the one before it with something taken away or added. They are easy to mix up, and they are not the same number.

Line ActualFY2026 BudgetFY2027 ForecastFY2030
07.020 Cash balance at June 30Everything in the general fund's account at the end of the year. 275,146,733 257,100,328 (127,898,488)
08.010 Already committedEncumbrances: purchase orders and contracts signed, not yet paid. − 7,472,650 − 7,424,528 − 7,399,834
09.080 Set asideReserves the law or the board require, such as a budget reserve. − 2,500,000 − 2,500,000 − 2,500,000
10.010 Unencumbered balanceWhat is free to spend. The state calls it the fund balance for certification of appropriations. 265,174,083 247,175,800 (137,798,322)
11.300 Renewal leviesExisting levies the district expects voters to renew, added year by year. + 0 + 2,379,553 + 52,664,409
12.010 With renewalsThe balance if every renewal passes and nothing new does. 265,174,083 249,555,353 (85,133,913)
13.030 New leviesLevies the district has written into its forecast. Not yet voted on. + 0 + 597,737 + 29,980,018
15.010 Unreserved fund balanceThe state's bottom line. In a forecast year it counts any new levy above as if it had passed. 265,174,083 250,153,090 (55,153,895)

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For past years the state asks for no renewal or new-levy money, so the unencumbered and unreserved balances are the same; cash is larger by what is already committed and set aside. In a forecast year the unreserved balance counts any new levy as if it had passed.

Summit County’s forecast: its 16 districts added together, line by line

Each line added up across the districts, as they filed them with the state. Tap or hover over a line to see what it means.

Forecast line and description ActualFY2024 ActualFY2025 ActualFY2026 Current year budgetFY2027 Forecast year 1FY2028 Forecast year 2FY2029 Forecast year 3FY2030
01.010 General Property Tax (Real Estate)

Property tax on land and buildings — homes, farms and businesses — from levies voters have already approved.

514,253,251 552,508,521 568,737,806 561,184,053 556,462,717 551,566,292 545,982,654
01.020 Tangible Personal Property Tax

Property tax on the equipment of utilities, such as power lines, pipelines and power plants.

34,375,610 38,212,372 39,627,269 42,420,548 43,426,157 43,579,096 43,442,781
01.035 Unrestricted Grants-in-Aid

State aid the district may spend on anything — mostly Ohio's school funding formula.

290,084,165 295,278,380 302,611,646 306,283,597 300,375,232 296,195,578 292,289,097
01.040 Restricted Grants-in-Aid

State aid that must be spent on set purposes, such as help for pupils from low-income families.

51,270,387 50,575,677 45,901,978 44,102,961 45,328,629 45,348,043 45,557,990
01.050 State Reimbursement for Property Tax Credits

The part of homeowners' property tax the state pays for them: the 10% and 2.5% rollbacks and the homestead exemption.

56,147,819 58,001,988 58,962,402 68,792,356 70,416,041 69,482,464 69,547,421
01.060 All Other Operating Revenue

Everything else that comes in: fees, tuition from other districts, interest, rentals and gifts.

60,629,485 57,010,097 63,363,682 54,181,531 51,709,311 49,628,765 49,258,122
01.070 Total Revenue

All of the revenue above, added together.

1,006,760,714 1,051,587,031 1,079,204,781 1,076,965,046 1,067,718,087 1,055,800,238 1,046,078,065
02.010 Proceeds From Sale of Notes

Short-term borrowing (notes) brought into the general fund.

1,200,000 0 6,000 0 0 0 0
02.040 Operating Transfers-In

Money moved into the general fund from the district's other funds.

876,360 303,715 364,889 252,855 253,967 1,257,145 256,214
02.050 Advances-In

Money the general fund lent to the district's other funds, coming back.

1,427,611 1,078,199 671,466 920,749 617,795 617,795 617,795
02.060 All Other Financing Sources

One-off money, such as refunds of past spending or the sale of property.

35,695,647 1,010,255 1,804,745 1,387,620 560,233 551,019 556,369
02.070 Total Other Financing Sources

All of the other money coming in, lines 2.010 to 2.060, added together.

39,199,619 2,392,168 2,847,101 2,561,224 1,431,995 2,425,959 1,430,377
02.080 Total Revenue and Other Financing Sources

Everything coming in for the year: revenue plus other money coming in.

1,045,960,332 1,053,979,200 1,082,051,883 1,079,526,270 1,069,150,081 1,058,226,197 1,047,508,443
03.010 Personal Services - Employee Salaries & Wages

Salaries and wages for teachers and every other employee.

582,217,247 596,028,116 603,811,688 607,216,823 627,391,629 644,342,036 662,783,287
03.020 Employees' Retirement and Insurance Benefits

The district's share of staff pensions (STRS and SERS), health insurance, Medicare and workers' compensation.

246,013,581 251,202,931 259,681,328 270,800,589 287,801,490 307,094,295 327,467,177
03.030 Purchased Services

Services bought from outside: utilities, repairs, contracted services and tuition paid for pupils taught elsewhere.

137,082,390 151,607,056 162,083,172 157,372,515 160,477,611 163,840,872 167,421,176
03.040 Supplies and Materials

Textbooks, classroom supplies, fuel, food and other things the district buys.

26,688,361 33,900,215 27,414,635 26,069,501 29,760,966 28,926,810 31,084,448
03.050 Capital Outlay

Equipment, buses and building improvements paid for from the general fund.

13,380,683 16,844,762 7,229,923 8,360,902 8,752,260 8,976,190 9,077,973
04.010 All Principal (Historical)

Borrowed money repaid in past years.

0 0 120,000 0 0 0 435,000
04.020 Principal-Notes

Repaying short-term notes.

1,802,696 624,364 641,647 624,483 612,410 383,962 142,333
04.050 Principal-HB 264 Loans

Repaying loans for energy-saving building work (House Bill 264).

789,299 1,634,042 342,299 147,544 154,796 67,128 0
04.055 Principal - Other

Repaying other borrowing from the general fund.

170,000 885,000 0 950,000 985,000 1,025,000 1,075,000
04.060 Interest and Fiscal Charges

Interest and fees on the district's borrowing.

325,383 2,512,306 2,297,482 2,083,772 2,024,144 1,957,985 2,712,064
04.300 Other Objects

Other costs, such as the county's fees for collecting its taxes, audits, elections, insurance and memberships.

17,320,956 18,302,389 17,875,829 18,929,411 19,258,107 19,650,276 20,053,877
04.500 Total Expenditures

Everything the district spends in the year, lines 3.010 to 4.300, added together.

1,025,790,595 1,073,541,182 1,081,498,003 1,092,555,540 1,137,218,412 1,176,264,555 1,222,252,335
05.010 Operational Transfers-Out

Money moved out of the general fund to the district's other funds, such as food service or athletics.

4,703,769 25,733,829 5,958,864 4,299,676 4,241,643 14,132,755 3,621,456
05.020 Advances-Out

Money the general fund lends to the district's other funds for a while.

1,078,199 671,466 1,017,014 617,795 617,795 617,795 617,795
05.030 All Other Financing Uses

Other one-off money going out.

235,199 443,511 477,368 99,665 99,665 99,665 99,665
05.040 Total Other Financing Uses

All of the other money going out, lines 5.010 to 5.030, added together.

6,017,167 26,848,806 7,453,246 5,017,136 4,959,103 14,850,215 4,338,916
05.050 Total Expenditures and Other Financing Uses

Everything going out for the year: spending plus other money going out.

1,031,807,762 1,100,389,988 1,088,951,250 1,097,572,676 1,142,177,515 1,191,114,770 1,226,591,251
06.010 Excess Of Revenues and Other Financing Sources over (under) Expenditures and Other Financing Uses

The year's result: money in minus money out. A number in brackets means the district spent more than it took in.

14,152,570 (46,410,788) (6,899,368) (18,046,406) (73,027,434) (132,888,573) (179,082,809)
07.010 Beginning Cash Balance July 1 - Excluding Proposed Renewal/Replacement and New Levies

Cash in the general fund on July 1, the start of the school year — last year's ending cash.

314,304,313 328,456,886 282,046,095 275,146,733 257,100,328 184,072,894 51,184,321
07.020 Ending Cash Balance June 30 - Excluding Proposed Renewal/Replacement and New Levies

Cash on June 30, the end of the year: the starting cash plus the year's result, before any renewal or new levy.

328,456,886 282,046,095 275,146,733 257,100,328 184,072,894 51,184,321 (127,898,488)
08.010 Estimated Encumbrances June 30

Money already committed: purchase orders and contracts signed but not yet paid.

12,108,081 8,980,150 7,472,650 7,424,528 7,500,467 7,497,334 7,399,834
09.030 Budget Reserve

A rainy-day reserve.

0 0 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000
09.080 Subtotal

All of the money set aside, lines 9.010 to 9.070, added together.

0 0 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000
10.010 Fund Balance June 30 For Certification of Appropriations

What is free to spend: the ending cash less money already committed and money set aside — often called the unencumbered balance.

316,348,805 273,065,945 265,174,083 247,175,800 174,072,427 41,186,987 (137,798,322)
11.010 Income Tax - Renewal

An existing income tax the district expects voters to renew. Not yet voted on.

0 0 0 0 0 0 0
11.020 Property Tax - Renewal or Replacement

Existing property tax levies the district expects voters to renew or replace. Not yet voted on.

0 0 0 2,379,553 7,983,452 15,456,807 26,844,597
11.300 Cumulative Balance of Replacement/Renewal Levies

The renewals above, added up year after year.

0 0 0 2,379,553 10,363,005 25,819,812 52,664,409
12.010 Fund Balance June 30 For Certificates of Contracts Salary Schedules, and Other Obligations

The balance if every renewal passes and nothing new does.

316,348,805 273,065,945 265,174,083 249,555,353 184,435,432 67,006,799 (85,133,913)
13.010 Income Tax - New

A new income tax the district has written into its forecast. Not yet voted on.

0 0 0 597,737 7,132,319 10,769,397 11,468,445
13.020 Property Tax - New

A new property tax levy the district has written into its forecast. Not yet voted on.

0 0 0 0 0 0 12,120
13.030 Cumulative Balance of New Levies

The new levies above, added up year after year.

0 0 0 597,737 7,730,056 18,499,453 29,980,018
15.010 Unreserved Fund Balance June 30

The state's bottom line: the balance with renewals and new levies counted as if voters approve them.

316,348,805 273,065,945 265,174,083 250,153,090 192,165,488 85,506,252 (55,153,895)
20.010 Kindergarten - October count

Kindergarten pupils enrolled, counted each October.

4,387 4,405 4,207 4,240 4,318 4,342 4,307
20.015 Grades 1-12 - October count

Pupils in grades 1 to 12, counted each October.

55,546 54,965 54,139 53,717 53,070 52,596 52,151

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Dollars, except the two enrolment lines (20.010 and 20.015), which are pupils. A line that is zero in every year is left out, as the state’s report leaves it out — except the renewal and new-levy lines (11 and 13), which are always shown, because a zero there is the answer.

Summit County’s schools: what their levies cost a home, test scores and spending →

Another county or district

From the Ohio Department of Education and Workforce’s bulk forecast files — the filings its Forecast Submissions report shows one district at a time, to the dollar. A county’s figures are the traditional districts the state files under it, added together; Ohio’s are all of them. Each district writes its own forecast, and nothing here is estimated. The 49 career centers file their own forecasts and are listed under their home county, but are in no total: each serves several counties.