Financial Forecast

The financial forecast is a legally required document that is completed twice a year and submitted to the Ohio Department of Education (ODE) following approval by the Board of Education.

Under the new state biennium budget passed in June 2025, public school districts are now required to submit their current budget information, three years of historical financial information and three years of projections by August 31 of each fiscal year. This information must be updated and re-submitted with the state by the end of February for that fiscal year. Due to the timing of the passage of the budget bill, school districts had additional time to prepare their financial forecasts for the 2026 fiscal year only and submit them by an October deadline. 

Although the new state law outlines a requirement for only three years of future year projections, Upper Arlington Schools will continue to provide the community with four years of projections, in addition to the current fiscal year data and three years of historical financial information. This is an important part of the district's ongoing commitment to financial transparency for our community. It also serves as a critical tool to help the district assess potential impacts on its financial health and identify future needs.

You can find more information on financial forecasts on the Ohio Department of Education's website.