NEW RICHMOND, Ohio — The New Richmond Exempted Village School District has been placed in fiscal caution by the Ohio Department of Education and Workforce due to projected budget deficits in 2027 and 2028.

The designation, announced Thursday, comes after the district submitted its October five-year forecast showing financial shortfalls in the coming years. The district has struggled financially since losing major revenue sources when two power plants closed over the past decade.

"We are taking this notification seriously and will continue to operate with full transparency," Superintendent Paul Daniels told us. "Our priority remains protecting educational quality, staff stability, and community trust while meeting all state fiscal requirements."

Fiscal caution is the first of three fin

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