GIRARD, Ohio - Girard City Schools is taking a hard look at its finances as part of a new five-year forecast showing the district could lose nearly $1 million in state funding over the next several years.

Treasurer Maureen Lloyd presented the updated numbers during Monday’s special board meeting, saying a mix of declining enrollment, rising property values, and stagnant state base funding are driving the downturn.

“We are on a decline in enrollment here, so that aids into it, and there is no increase in the base cost from the state of Ohio, and the property values are increasing,” Lloyd said. “When you kind of push all that together, the state views us as getting wealthier per pupil, and we are receiving less state funding due to that.”

The five-year forecast—now reported to the state

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