COVENTRY TWP. The Coventry Local School District remains on the right financial track moving forward based on the May five-year-forecast.
During the May 17 school board meeting, Treasurer Matthew Muccio presented the district's financial forecast to the Board of Education. He showed two different forecasts: One that shows if the 9.91-mill renewal levy doesn’t pass in the future and another if it does.
Muccio said the district has been financially responsible and the district is trending favorably.
The forecast shows the district will bring in more revenue than expenses each year, allowing the district to remain in the black.
Board President Robert Wohlgamuth said this forecast is better than the last one.
The passage of the renewal, however, will be critical moving forward as it accounts for almost $3 million per year. It remains unclear when the renewal will be placed on the ballot again following a May defeat.
Resident Jim Wixson spoke out and questioned the open enrollment report the district put together. He questioned the costs per-student and asked why there is such a difference between what the state auditor said in its report of open enrollment and the district’s report.
Muccio said the district studied the issue of open enrollment for months and detailed his extensive background in accounting. Muccio asked Wixson what his background was, to which Wixson said he has 40 years in business.
Muccio said the district stands by their report on open enrollment.
In other business May 17 the board:
- Approved a contract with Barbicas Construction to construct a road behind Coventry Middle School at the request of the Coventry Fire Department.
- Heard that Circle K will again partner with Coventry Schools to raise money at the Manchester Road location by donating a portion of the money from gas to the district on certain nights.
- Approved for summer help for technology throughout the district.
The next Coventry Local Schools board meeting will be at 6 p.m. June 21 at Lakeview Administrative Offices.