school budget

Five-year financial forecast shows district spending in the red starting in 2019

By Candace Barczyk The Vermilion Local School District is currently in good financial shape, however, treasurer Justin Klingshirn reported to board members at their Monday, Oct. 8 meeting that the district in the future will have to cut expenditures, add revenue, or both, to be fiscally solvent. The board approved the district’s five-year forecast asContinue reading “Five-year financial forecast shows district spending in the red starting in 2019”