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CPS leaders warn levy failure could bring more cuts, state takeover risk

LOCAL 12 Video 12 days ago

Description

Cincinnati Public Schools Superintendent Shauna Murphy and Treasurer Michael Gustin said the district’s proposed property tax levy is needed to address flat revenue and rising expenses after several years of budget cuts. Gustin said the district cut about $60 million last year and could need to cut another $20 million to $25 million next year if the levy fails, with future reductions likely to affect schools. Murphy said the district has gone 10 years without asking voters for this type of support and is nearing state intervention; Gustin said a financial plan is due to the state by the end of November and projected a deficit by 2029 if the district cannot close its gap. The officials said the levy would help fund the district’s strategic plan, continue academic progress and address facility repairs, while acknowledging concerns about affordability and urging voters to consider the potential effects of further cuts on students and the community.

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