CLERMONT COUNTY, Ohio (WXIX) - A school district in Clermont County is placed in fiscal caution by the state.

The move comes after a review of the New Richmond Exempted Village School District’s October five-year financial forecast.

“There is no way out of this. We have to raise new funds,” said Superintendent Paul Daniels.

New Richmond School District was placed in fiscal caution Thursday, which is the lowest of three levels of oversight imposed on districts by the Ohio Department of Education and Workforce.

“We are required to file a plan with the state of Ohio by December 21 of this year to give a roadmap of how we will make sure that $2.3 million in the 2028 fiscal year becomes a zero,” Daniels said.

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