Tag: five-year forecast

  • [WATCH] Loveland Schools State Budget Town Hall

    [WATCH] Loveland Schools State Budget Town Hall

    Loveland, Ohio – This LOVELAND MAGAZINE TV video is of the Loveland Schools State Budget Town Hall that was held at the media center of the Loveland Middle School on Wednesday evening. The state budget that will determine spending for the next two years in Ohio is making its way through the Ohio General Assembly. Governor Mike DeWine’s budget proposal could cut funding for the Loveland City School District and many other public schools. The District says that their five-year forecast is that the district could receive $2.5 million less in state funding.

    Since the Ohio House has already passed their proposed spending bill, attention is now focused on what the Senate will propose, and thus the District has now amended  their lobbying priorities and what they are asking the public to do that might influence the State House decisions. You can read their amended lobbying priorities HERE.

    The District is asking the Loveland community to continue reaching out to state lawmakers. They say, “It’s important lawmakers and Governor DeWine receive messages from as many people in our community as possible, and that they receive repeated messages throughout the budget process from now until the budget bill is signed at the end of June.”

    Loveland’s Lobbying Priorities:

    • Protect the “Guarantee” – if the guarantee were to be eliminated, Loveland would suffer a catastrophic loss of $25 million in state funding over the next four years. The governor’s suggested reductions in the guarantee will mean a loss of about $2.5 million.
    • Ensure state funding keeps pace with inflation – Inflation is projected at 2.3% and we are requesting that state funding increase at or near the same rate during the two-year budget. Failure to increase state funding in line with inflation shifts more of the burden for public education to local taxpayers.
    • Remove the cash balance provision – Limits on carry-over balances will have unintended consequences for school districts and create more confusion for local taxpayers. We request that the state study the issue and consider separate legislation regarding cash balances.

    [pdf-embedder url=”https://lovelandmagazine.com/wp-content/uploads/2025/04/LovelandLobbyingFlyer.pdf”]

  • Loveland School District to hold Special Meeting: Visioning report and finances

    Loveland School District to hold Special Meeting: Visioning report and finances

    Loveland, Ohio – A press Release from the Loveland City School District:

    The Loveland Board of Education will conduct a special meeting on Monday, June 6th, 2022, at 6:00 PM in the Loveland Middle/Intermediate School Media Center for the purpose of considering the following agenda items:

    Visioning Report by Superintendent and District Administrators – Discussion

    Presentation of present and future District finances, revenues and resources – Discussion

    Pursuant to Board Policy 0169.1, there will be no Public Participation at this Special Meeting.

    Robert Giuffré

    Interim Treasure


    In his weekly newsletter issued today , Superintendent Mike Broadwater released the following statement:

    Superintendent’s Message

    Loveland Tiger Community,

    We have been working together as a community over the past few months to build a Strategic Vision. Families, students, community members, and staff have been involved in great conversations, providing feedback about the future they want for our Loveland Tiger students. Together we’ve designed a plan with the goal areas of student success, collaborative culture, community engagement, and fiscal responsibility.

    Review the five-year forecast

    We will unveil our completed Strategic Vision during Launch Night on Monday, June 6 at 5 pm in the Loveland Middle School Cafeteria. I’m excited for everyone to see the results of our community’s hard work. This informal meeting is an opportunity to talk about what our Strategic Vision means for our kids and our district. Following Launch Night, our Board of Education will hold a Special Meeting at 6 pm to review the Strategic Vision.

    During the Special Board of Education Meeting, the Board will hear from our Treasurer about present and future District finances, revenues, and resources. Federal ESSER pandemic relief funds and significant cuts after the March 2020 levy failure have allowed the district to delay requesting additional funding. The district’s most recent five-year forecast projects the district will move into deficit spending beginning in Fiscal Year 2023. You can review the five-year forecast by following this link.

    The timeline for placing a levy on the ballot in November requires the Board to take action over the summer. If any action is taken, we will be sure to update our community. Over the past several months we have had many community members involved in our Strategic Vision process, and we look forward to more great conversations about the future of Loveland City Schools.

    Have a safe, happy summer, and please feel free to contact me with any questions.

    Mike Broadwater

    Superintendent

    Loveland City Schools

  • Loveland School levy predicted for May 2019 ballot

    Loveland School levy predicted for May 2019 ballot

    The future of Loveland City Schools

    Loveland Board of Education talks five-year forecast planning and Destination Loveland needs; looks to May 2019 as potential goal for action on both

     

    A statement from the District:

    The Loveland City School District’s five-year forecast projections show a need for the district to be back on the ballot in the future for an operating levy; during the September Board of Education Business Meeting, this was the information shared with Board Members. After careful consideration in committee meetings, the Board determined during public discussion at the October 17 Business Meeting to set a potential target of May 2019 to have a proposal ready for voters to consider.

    Loveland Treasurer/CFO Brett Griffith

    “When the Loveland City School District passed a 5.6 mill operating levy in May of 2014 we made a promise that the money from that levy would continue to fund the district until 2018, and that promise was maintained due to compelling overall fiscal stewardship of all district employees and fiscally conservative management of expenditures,” said Loveland Treasurer/CFO Brett Griffith. “Our need for an operating levy is very real, and I applaud this Board for taking the steps necessary now to properly plan for a financially stable future. Of course we will provide updates on details for this levy to our community as they are developed.”

    Additionally, during the 2016-17 and present school year, Loveland teachers, staff, administrators and the Board of Education put laser focus on three key areas: academic growth, classroom innovation and Tiger care in an effort to optimize the student experience for the 4,700 Tiger students the Loveland City School District serves. What developed from that focus was the Destination Loveland Task Force – a group of Loveland parents, community members and business leaders who joined educators, staff and administrators in developing future goals. This group spent the better part of the 2016-17 school year developing what the Loveland student experience should look like.

    Interim Superintendent Dr. Amy Crouse

    Now the Loveland Board of Education is ready to invest in putting a more formal structure and definite timeline to that important work. At the October 17 Board of Education Business Meeting, Board Members – after hearing reports from the facilities and finances committees – charged Loveland Interim Superintendent Dr. Amy Crouse and Loveland Business Manager John Ames with the task to begin to develop a plan for the future facility needs in line with district goals, coupled with a financial plan. The potential timeline is to have a proposal ready for voters to consider a bond issue by May 2019.

    “It is the development of a master plan for our district,” said Dr. Crouse. “Our facilities needs are district-wide and growing each new school year; it is both an issue that must be addressed now and an opportunity for the district to think and plan for the future. We will be working with a seasoned team accustomed to the size and scope of the planning that we need to do. This was the right move for the Board of Education, and I’m excited to take the process that was started last year to the next level.” 



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