Mansfield City Schools Treasurer Warns of Potential Funding Crisis Amid Property Tax Changes

Mansfield City Schools Treasurer Tammy Hamilla recently addressed the district's financial outlook, highlighting concerns over potential funding shortfalls due to proposed property tax changes.

 

During a recent school board meeting, Hamilla presented the latest financial forecast, noting that while the district has made significant budget cuts, external factors could undermine these efforts.

 

"We have made gains," Hamilla stated. "What's frustrating to me is every time we figure out where we can save one dollar, somebody at the federal or state level wants two back."

 

In the 2025-2026 school year, the district reduced expenses by approximately $4.5 million through staff reductions and other cost-saving measures. However, recent state budget decisions have decreased Mansfield City Schools' formula funding by $255,236 over the next two years. Additionally, the elimination of Supplemental Targeted Assistance will result in a loss of about $2.57 million over five years.

 

Compounding these challenges, proposed property tax relief measures could further reduce local revenue. If enacted, these changes might lead to an annual loss of around $850,000 for the district.

 

Hamilla expressed empathy for local officials facing tough decisions but emphasized the need for a plan to replace lost funds. "There's been no clear sign of if, when, or how they're going to replace those funds," she said.

 

As the district navigates these financial uncertainties, the community's support and awareness remain crucial to maintaining quality education for Mansfield students.