Treasurer presents multi-year forecast; Perrysburg ends year with surplus but long-range deficit risk noted

Perrysburg's treasurer, Randy Drewer, gave a detailed financial briefing showing the district's cash balances and a revised projection that currently estimates a roughly $3 million favorable close to the fiscal year. Drewer cited stronger-than-expected income-tax receipts, lower instructional-supply spending and unfilled positions as drivers of near-term improvement. "We're projecting that we're going to end the fiscal year $3 million positive," Drewer said.

Drewer cautioned that state changes to property-tax calculations and a pending clawback make summer tax collections uncertain; he noted the county auditor and Department of Taxation still need to finalize some calculations. He also highlighted long-term structural concerns: under existing assumptions the district's forecast shows deficits beginning in 2028 and a negative cash balance by 2030 without revenue changes or additional reductions.

Board members and the finance committee discussed revenue options and public education strategies, including earned-income tax versus traditional tax models and the need to model concrete numeric scenarios for voters. Committee members pointed to public outreach materials (short explanatory videos and web transparency pages) and scheduled focused work sessions on income-tax options and base costs.

Why it matters: The treasurer's forecast informs decisions about whether and when to put revenue measures on future ballots and how to balance short-term surpluses with long-term fiscal stability. Drewer emphasized that early reductions yield smaller long-run cuts.

Next steps: The finance committee will continue scenario work, with scheduled work sessions and public-facing materials planned; the board approved the financial report by roll call during this meeting.