During its history, the London City Schools has enjoyed a great deal of financial support from the community. Due to this continued support, the district has successfully lived within its financial means, since its last new money levy was passed in 2007.
Due to a growing local economy, our district revenues were slightly higher than expected this past year. Combined with spending within our budget, LCS essentially balanced revenues and spending during the 2018 fiscal year. The district will continue to take proactive steps to recapture savings whenever possible, but like any business or family budget, costs always increase. Finally, after 11 years, the district is expected to begin deficit spending next school year.