Our office is committed to financial transparency and serving the interests of all stakeholders of the North Olmsted City Schools.
Twice each year, in November and May, the District is required by state law to file a balanced, five-year forecast with the Ohio Department of Education. This forecast is an important snapshot of our finances and includes three years of history (actual data) and five years of projections. The projections are based on assumptions, which may or may not occur, but are an integral component of the reporting tool as we plan for the future.
In addition to being required by law, the forecast is used as a tool for both short- and long-term planning by our administration and Board of Education. We invite you to take a look at our five-year forecast and other financial documents.
Financial Management:
Our District is fiscally responsible and has stretched its last operating levy for 11 years. We operate a lean budget, and have made serious reductions, including:
- Foregoing the purchase of new textbooks
- Consolidating bus routes
- Decreasing building-level budgets
- Closed Butternut Primary School
- Reducing staff through retirements and attrition
We are committed to continuing to be fiscally responsible while also providing excellent educational programs, services, and opportunities for all of our students.
Please do not hesitate to contact our office if you have any questions.