Treasurer: Valley View�forecast shows healthy cash through 2028 but flags long-term pressures

The districttreasurer presented a five-year general fund forecast, telling the Valley View Local Schools board that the district maintains the recommended 60-day cash reserve through 2028 but will need to make strategic decisions as federal relief funds expire. "We stay above that until 2028," the treasurer said, adding the district is "not projected to go have negative cash balance until 2031."

The presentation summarized how ESSER funds that supported positions and programs during the pandemic have expired in 2024 and many of those expenses will return to the general fund. The treasurer listed items expected to resume as general-fund expenses in 2025 and 2026, including literacy and math coaching positions, athletic-training services at full contract cost, additional bus routes and the return of a nurse and lead mental-health specialist.

The forecast also discussed revenue assumptions, including property-tax and income-tax trends. On local revenue, the presenter noted that nearly half of income tax receipts came from about 17% of taxpayers in the most recent data used for the forecast, and that assessed property-value growth increases the districts local capacity in the state funding formula. "If anything changes with property tax reform, this could change our picture," the presenter said, referencing ongoing state-level discussions.

Board members pressed on assumptions and the conservatism of the projection; the treasurer said the office aims to forecast conservatively to avoid overstatement of future revenues. The forecast will be incorporated into the districts resource estimates and appropriation process ahead of fiscal-year 2025 budget action.

The board did not take a separate substantive vote to change program funding at the meeting; the presentation was framed as an informational update to guide later decisions.