Berkshire School Board OKs Fiscal Caution Plan, Considers Income Tax
The Berkshire Schools Board of Education is weighing a possible earned income tax levy after several major revenue sources dried up over the last two years, leaving the district facing a projected deficit by 2028.
The Berkshire Schools Board of Education is weighing a possible earned income tax levy after several major revenue sources dried up over the last two years, leaving the district facing a projected deficit by 2028. At its May 11 meeting, the board unanimously approved a fiscal caution deficit reduction plan required by the Ohio Department of Education and Workforce. The plan must be submitted by May 18. Following a presentation from Superintendent John Stoddard, board members also discussed placing a 0.5% to 0.75% earned income tax on the November ballot. “We have a deficit projected for 2028. The root causes...
