CHUH Schools Release New Financial Report

CLEVELAND HEIGHTS, OH - The Cleveland Heights-University Heights School district released its first Popular Annual Financial (PAF) report on Wednesday. The district says the report is meant to provide a clear picture of where the school system is financially.

The district says in the report that it will lose $7.6 million in state funding to vouchers and charter schools during the 2016-2017 school year. According to the PAF, the school district lost about $5.6 million to vouchers and charter schools during the 2015-2016 school year.

In the report, the district also says that it gets the vast majority of its revenue from residences and says the city lacks a strong and diverse commercial tax base. The CHUH Schools also say they only collect about 93 percent of taxes assessed on home because of delinquencies and foreclosures.

When the district was making its appeal to voters for passage of a levy in Nov. 2016, Superintendent Talisa Dixon said she had heard the criticisms of the school system and intended to correct them.

"We want to be more informative," Dixon said. "We heard the community saying that our behavior needed to change."

This report will not replace the district's Comprehensive Annual Financial Report, but is intended to provide a more easily understandable guide to the CHUH School System's financial status.

You can read the full PAF by clicking here.

Photo from CHUH Schools