With the state budget still making its way through the approval process, Superintendent Steve Dackin said Reynoldsburg schools are anticipating expenditure cuts of $3.7 million over the next two fiscal years.

With the state budget still making its way through the approval process, Superintendent Steve Dackin said Reynoldsburg schools are anticipating expenditure cuts of $3.7 million over the next two fiscal years.

That includes a reduction in anticipated expenditures of $2.4 million for the 2012 fiscal year and another $1.3 million for the 2013 fiscal year.

He told the board of education at its May 17 meeting the lower spending is in response to the reduction in revenues expected from state and federal cuts.

Details of how the district will reduce expenditures will be announced closer to the finalization of the state budget, Dackin said. As for specific cuts, he said they most likely will include district personnel.

"Certainly, personnel is the largest part of our budget, so for us to reduce at the magnitude we're talking about reducing it's any savings we can get," Dackin said.

He said negotiating with the teachers union will be a factor.

"I'll move forward with reductions; negotiations will impact the magnitude of those personnel reductions, potentially," Dackin said.

He said if House Bill 153 gets approved by the Senate, it will most likely head to a conference committee, with the assumption some changes will be made.

"I am told it is on target to be approved by the conference committees in both houses and sent to the governor and approved by June 30," Dackin said. "So the good news, if there's good news in this budget, it looks like it's headed off for a timely approval process."

Despite potential budget changes before its final approval Dackin said the allocations that districts might expect don't appear to be changing that much.

"As it appears, revenue in Ohio through state income tax and sales tax appears to be up over estimates, so that may influence some of the final appropriation numbers for education, but not significantly enough to change our numbers," he said.

Treasurer Tammy Miller told the board the reduction in anticipated expenditures has been incorporated into the district's five-year forecast.

"What this five-year forecast does will show a positive cash balance for 2014, which was the commitment we made during the levy, so despite we had our state funding cut, we're trying very hard to maintain that levy promise," Miller said.

She said there was no exact figure to report on what that positive cash balance would be, but said she expects it to be positive based on the current forecast.

"We have not set an actual dollar target; because of the cuts in state funding, we're going to have to make some cuts to achieve a positive cash balance in 2014," Miller said.

"It seems right now that the $2.4 million is going to be what our cut is," she said.

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