Sylvania Schools go from predicted deficit to surplus - News, Weather, Sports, Toledo, OH

Sylvania Schools go from predicted deficit to surplus

Sylvania's Northview High School Sylvania's Northview High School
SYLVANIA, OH (Toledo News Now) -

An unexpected increase in state funding means one less ballot issue for Sylvania voters this November.

Sylvania Schools Superintendent Dr. Brad Rieger has been preparing district officials and parents for a potential operating levy request this fall. Early state funding numbers showed no increase in funding, and the district was predicting a $3 million deficit at the end of fiscal year 2015.

Now, the state is increasing Sylvania's funding by 6 percent this year and 10 percent next year, and the district is predicting a $600,000 budget surplus at the end of 2015, instead.

The money is a pleasant surprise, but Rieger says it won't solve all the district's problems.

"It gives us a breather, at least through 2013," he said. "The deficit is pushed back until July of 2016, thus not the need to be on the ballot, and we'll have to look at things in 2014."

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