Events Calendar
In This Section
Most Read Stories
Family found dead in Ohio home
Man gets 3 years in prison for having sex with horse
Robbers order bar patrons to empty pockets
Sex-toy study at Duke University raises some eyebrows
Akron man turns himself in after authorities turn up heat
Man appears alive at own funeral
Take comfort in knowing Browns could be bigger losers
Blogs:
Pets:
Not 101 Dalmations…but close!
The Heldenfiles:
Friday Notebook
Patrick McManamon:
For your perusal
Akron Zips:
The morning after
Tribe Matters:
Tribe makes roster moves
Cleveland Browns:
Lewis doesn't like boycott
Kent State Sports:
Kent State falls to Akron, 20-28
Cleveland Cavaliers:
Gameblog: Cavs at Knicks
Buckeye Blogging:
Weekly ‘B’ Deck Report – New Mexico St.
Varsity Letters:
Wrestling, bowling teams prepare for season
All Da King's Men:
If It Looks Like Islamic Terrorism…
Blog of Mass Destruction:
Dems Message To Women: Don't Enjoy The Sex
Akron Law Café:
Health Care Financing Reform: (62) The Stupak Amendment
See Jane Style:
Muffle Your Muffler
Car Chase:
Perfect Weather for an Autumn Drive
Let's Talk Real Estate:
RUMORS: Downtown Restaurant Explosion
Ohio Travels with Betty:
Jack is looking for a trip to Southern Ohio the week of November 16.
Sound Check:
The Black Keys to perform benefit concert at Musica on November 27
HRLite House:
Personal Rant – Why People Do Not Live in Northeast Ohio
Akron Gamer:
New 'Call of Duty' could set entertainment record
By M.A. Ferguson-Rich
Special to the Beacon Journal
POSTED: 05:00 p.m. EDT, May 04, 2009
STOW: The Stow-Munroe Falls school board is renewing its contract for nursing services with Akron Children's Hospital for the 2009-10 school year.
The hospital will receive $182,836 and has waived a 3 percent increase. Superintendent Russell Jones said the hospital was aware of budget reductions in the district and responded by forgoing the increase.
Treasurer Catherine Bulgrin presented a five-year forecast. Although it appears the district will complete the 2009 fiscal year in the black, there is a projected deficit of more than $4 million by the end of fiscal year 2011 and more than $15 million by the end of 2013, according to the forecast.
Bulgrin cited such factors as declining property tax revenue, expiring tax levies, the phasing out of the tangible personal property tax and refunds to taxpayers who successfully challenged their property valuations.
She said the district enacted another round of reductions totaling $1.2 million on April 16. Even with these cuts, flat revenue from the state, combined with increases in operating costs, will bring about deficits by 2011.
The district does not have a levy increase on today's ballot and is seeking input from area leaders to deal with its financial situation.
In other business, four high school students qualified to travel to Birmingham, Ala., on June 13, to participate in a national debate tournament. The board approved the trip, which will cost about $6,000. Fundraising is planned to help defray the costs.
STOW: The Stow-Munroe Falls school board is renewing its contract for nursing services with Akron Children's Hospital for the 2009-10 school year.
The hospital will receive $182,836 and has waived a 3 percent increase. Superintendent Russell Jones said the hospital was aware of budget reductions in the district and responded by forgoing the increase.
Treasurer Catherine Bulgrin presented a five-year forecast. Although it appears the district will complete the 2009 fiscal year in the black, there is a projected deficit of more than $4 million by the end of fiscal year 2011 and more than $15 million by the end of 2013, according to the forecast.
Bulgrin cited such factors as declining property tax revenue, expiring tax levies, the phasing out of the tangible personal property tax and refunds to taxpayers who successfully challenged their property valuations.
She said the district enacted another round of reductions totaling $1.2 million on April 16. Even with these cuts, flat revenue from the state, combined with increases in operating costs, will bring about deficits by 2011.
The district does not have a levy increase on today's ballot and is seeking input from area leaders to deal with its financial situation.
In other business, four high school students qualified to travel to Birmingham, Ala., on June 13, to participate in a national debate tournament. The board approved the trip, which will cost about $6,000. Fundraising is planned to help defray the costs.
