Burbio District Research Agent

Spotlight District Research Report

AKRON CITY (OH) — FACILITIES

Key signals from this week's featured district report.

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Overall District Snapshot

The district faces a projected $13.3 million cash deficit by June 30th, 2028, highlighting the urgent need for fiscal planning and targeted financial interventions to avoid fiscal caution, watch, or emergency designation.

Board Packet Library_3904348_AKRON CITY_BOE-REG_06-23-25_chunk1.pdf

Budget and Funding Highlights

Akron Public Schools has revenue losses projected in 2025 - 2028 because of rising operating expenses and revenue stays flat. An increase of $3.5 million more in real estate taxes, $177,000 more in state aid, and $3.2 million more in "all other revenue," largely due to collections from a new tax levy and revenue in lieu of taxes has been projected for the year.

Board Packet Library_3904348_AKRON CITY_BOE-REG_08-25-25.pdf

Current or Major Providers/Vendors

Innovative Roofing Solutions, Inc. is contracted for preventative roof maintenance and repairs on buildings.

Board Packet Library_3904348_AKRON CITY_BOE-REG_03-10-25_chunk2.pdf

New Programs or Initiatives

Construction of the Buchtel athletic stadium concession stand/press box project could potentially begin in late spring with an anticipated completion in early fall.

Board Packet Library_3904348_AKRON CITY_BOE-REG_01-13-25_chunk1.pdf