During last week’s Board of Education meeting, Bexley Schools Treasurer Kyle Smith presented the district’s Fall Five-Year Forecast, which by statute is now due earlier, in October rather than November.

Mr. Smith reported to the Board that the district is “breaking even” in terms of expenditures versus revenue, which is what was expected with passage of last year’s incremental levy. In essence, the district’s revenue increases should relatively match increases in expenditures due to inflation and other programming or staffing changes, which is what current numbers show and the forecast predicts.

The Treasurer also shared with the Board his analysis of recent and possible new legislative changes affecting school funding. (Presentation Slides)

The graph above captures in one snapshot the operating scenario facing the district over the next few years. The declining ending cash balance has been intentionally and thoughtfully planned with the implementation of a successful 2024 incremental levy. (Source: Five-Year Forecast, Oct. 2025)