TALLMADGE: The city school district is spending more money than its taking in, the Tallmadge Express reports.

School Treasurer Jeff Hostetler estimated in the latest five-year forecast that the district will be out of money in the 2020 fiscal year.

Our expenditures have exceeded our revenue and once that happens its only a matter of time unless you get an influx of new state revenue until the inevitable comes and a potential levy would be needed, he told the newspaper.

Read the full Express report here.