The Board of Education Meeting Minutes September 14, 2015 The Board of Education of Findlay City Schools met in regular session at 6:00 PM in the Millstream Café. President Dysinger called the meeting to order. Present were: Mrs. Dysinger, Mrs. Lockard, Mrs. Robertson, and Assistant Superintendent Mr. Roth, Treasurer Mr. Barnhart and Superintendent Mr. Kurt. CELEBRATIONS Mr. Renn welcomed the Board to Millstream. He shared information about the state report card. Millstream received all A’s! Millstream is at the top of the list of Career Tech Schools. Mrs. Lockard celebrated Northview School on receiving the School of Promise award for the second year in a row. Mrs. Robertson celebrated the middle school Challenge Day. She also stated how much she enjoyed the United Way video. Mrs. Dysinger celebrated Board candidate Chris Aldridge, who was in attendance. Dr. Siebenaler Wilson celebrated Mrs. Dysinger’s recent award for being on the school board for 10 years. She also celebrated Millstream’s report card and stated what a wonderful accomplishment that was. She congratulated the Findlay Learning Center (FLC) and the wonderful start it’s had to the school year. She has heard positive comments in the community regarding the FLC. PUBLIC PARTICIPATION Becky Biesiada addressed the Board on behalf of the F.E.A.. She congratulated Mr. Renn on the Millstream report card. She stated Jacobs was painted over the summer and it looks fresh and is appreciative of the new lighting. Mrs. Biesiada also commented on the love of her new technology. Angela Dittman addressed the Board about Challenge Day at Donnell. She stated it was quite possibly the best experience in her teaching career. It was powerful and emotional. 2015-009-001 Approval of Minutes It was motioned by Mrs. Lockard, seconded by Mrs. Robertson to approve the Regular Meeting Minutes from August 17, 2015. Roll call: Mrs. Lockard, aye; Mrs. Robertson, aye; Mrs. Dysinger, aye; Dr. Siebenaler Wilson, aye. President Dysinger declared the motion carried. CORRESPONDENCE Mr. Kurt received a thank you from Mr. and Mrs. Busdeker regarding convocation. He also shared a letter from Jacobs kindergarten teachers thanking Mr. Kurt for the preschool program at Washington. The students came to Kindergarten more prepared and ready to learn due to the preschool program. 2015-009-002 Consent Items (A-N) It was motioned by Mrs. Robertson, seconded by Mrs. Lockard to approve consent items A-N. CERTIFICATED PERSONNEL A. Leave of Absence (will use paid sick, personal, and/or vacation time, if available) Leah Brant (Donnell, Reading/Language Arts) Effective: 8/14/15 – 8/21/15 Reason: FMLA Molly Derr (Northview, Grade 1) Effective: 8/14/15 – 10/5/15 Reason: FMLA Vicki Smalley (Glenwood, Reading/Language Arts) Effective: 9/9/15 – 10/21/15 Reason: FMLA B. Leave of Absence (unpaid) Larissa VanDerMolen (Chamberlin Hill, Grade 5) Effective: 8/21/15 and 1/2 days 8/24/15 – 8/28/15 Reason: Personal 1
Transcript
The Board of Education Meeting Minutes September 14, 2015
The Board of Education of Findlay City Schools met in regular session at 6:00 PM in the Millstream Café.
President Dysinger called the meeting to order. Present were: Mrs. Dysinger, Mrs. Lockard, Mrs. Robertson, and Assistant Superintendent Mr. Roth, Treasurer Mr. Barnhart and Superintendent Mr. Kurt.
CELEBRATIONS
Mr. Renn welcomed the Board to Millstream. He shared information about the state report card. Millstream received all A’s! Millstream is at the top of the list of Career Tech Schools. Mrs. Lockard celebrated Northview School on receiving the School of Promise award for the second year in a row. Mrs. Robertson celebrated the middle school Challenge Day. She also stated how much she enjoyed the United Way video. Mrs. Dysinger celebrated Board candidate Chris Aldridge, who was in attendance. Dr. Siebenaler Wilson celebrated Mrs. Dysinger’s recent award for being on the school board for 10 years. She also celebrated Millstream’s report card and stated what a wonderful accomplishment that was. She congratulated the Findlay Learning Center (FLC) and the wonderful start it’s had to the school year. She has heard positive comments in the community regarding the FLC.
PUBLIC PARTICIPATION
Becky Biesiada addressed the Board on behalf of the F.E.A.. She congratulated Mr. Renn on the Millstream report card. She stated Jacobs was painted over the summer and it looks fresh and is appreciative of the new lighting. Mrs. Biesiada also commented on the love of her new technology. Angela Dittman addressed the Board about Challenge Day at Donnell. She stated it was quite possibly the best experience in her teaching career. It was powerful and emotional.
2015-009-001 Approval of Minutes
It was motioned by Mrs. Lockard, seconded by Mrs. Robertson to approve the Regular Meeting Minutes from August 17, 2015.
Roll call: Mrs. Lockard, aye; Mrs. Robertson, aye; Mrs. Dysinger, aye; Dr. Siebenaler Wilson, aye. President Dysinger declared the motion carried.
CORRESPONDENCE
Mr. Kurt received a thank you from Mr. and Mrs. Busdeker regarding convocation. He also shared a letter from Jacobs kindergarten teachers thanking Mr. Kurt for the preschool program at Washington. The students came to Kindergarten more prepared and ready to learn due to the preschool program.
2015-009-002 Consent Items (A-N)
It was motioned by Mrs. Robertson, seconded by Mrs. Lockard to approve consent items A-N.
CERTIFICATED PERSONNEL
A. Leave of Absence (will use paid sick, personal, and/or vacation time, if available)
Larissa VanDerMolen (Chamberlin Hill, Grade 5) Effective: 8/21/15 and 1/2 days 8/24/15 – 8/28/15 Reason: Personal
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C. Rescind
Resignation from August 17, 2015 Agenda
Kimberly Hord, Jr. Class Advisor – FHS (50%) Reason: Personal Effective:2015-16 School Year
Anthony Nugeness, Jr. Class Advisor – FHS (50%) Reason: Personal Effective:2015-16 School Year
D. Correction to August 17, 2015 Agenda
Kimberly Hord From: Jr. Class Advisor – FHS (50%) To: Jr. Class Advisor – FHS (25%)
Anthony Nugeness From: Jr. Class Advisor – FHS (50%) To: Jr. Class Advisor – FHS (25%)
E. Correction to August 3, 2015 Minutes
Jessica Loomis From: Jr. Class Advosor – FHS (100%) To: Jr. Class Advisor – FHS (50%)
F. Appointments
The superintendent recommends approval of the following appointments, at salaries in accordance with the adopted salary schedules; and contingent upon subsequent receipt by the Board of a report B.C.I. which is not inconsistent with the applicant’s answers on the employment application:
1. School Psychologist Intern
Jessie Watkins (Psychologist Intern for 2015-16 school year) Salary: $23,275 (to be paid from 499-9907 & contingent upon funding from ODE) Effective: August 14, 2015 (184 day contract)
2. Preschool Assessment/Student Evaluation and reports/ETR and IEP meetings @ $22.01 per hour (Acct. Special Ed Preschool)
Chris Ring – 4.5 hrs. (5 hours was approved on June 22 agenda but she needed 9.5 hours)
3. Transition and Other Compliance Issues Training on August 12 and 13, 2015 @ $25.00 for one day each
Middle School Teachers: Karen Acuna Gina Allen Kimberly Brown Tonya Bruni Angel Buck Jennifer Fryman Julie Lammers Charrles Mitchell Kathy Rayle Teresa Yeater
High School Teachers: Martie Andrews Erik Baker Hayley Beach Susan Blodgett Nichole Callicutt Kim Coffman Linda Dangelo Jason Karcher Kelli Kiesler Terri Nonnemaker Michelle Prater Teresa Simons April Sommer Elizabeth Sprout Danielle Taflinger
4. Elementary Autism Meeting on August 7, 2015 at $25.00 for attending
Carrie Allsop Jennifer Blank Alyson Combs Shelby Cox Kelli Doty Jessica Foster Angela Geiser Brooke Imke Leigh Ann Kuenzli Francesca Lundy Chris Ring Laurie Ulm Karlene Weiss Stephanie Wiegand Katie Worstell
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5. Weekday/Saturday School Instructor @ $22.01/hour (2015-2016 School Year)
Marc Tuttle Linda VanDerMolen
6. FHS Weight Training Curriculum Writing @ $22.01/hr up to 14 hrs (Acct#001-1100-111-16)
Ryan Brooks
7. Credit Recovery Curriculum Alignment for Science @$22.01/hr up to 3 hrs (Acct#001-1100-111-16)
Tyler Smith
8. Advanced Physical Science Curriculum Writing (additional hrs) @ $22.01/hr up to 5 hrs (Acct#001-1100-111-16)
Joyce Pippert
9. Curriculum Work for 2nd Grade @ $22.01/hr up to 6 hrs (Acct#001-1100-111-16)
11. Middle School Robotics I Instructor, Step 2 @ $22.59, 30 hrs–Tues after school, 1st Sem (Acct#018-1210-113-9430)
Laura Finney
12. High School Robotics I Instructor, Step 2 @ $22.59 for 30 hrs–Tues evenings, 1st Semester (Acct. #018-1210-113-9430)
Craig Perry
13. High School Math Tutor @ $17.00/hour not to exceed 25hrs/week
Judith Alfred
14. Supplemental Duty Assignments – Certificated Personnel for 2015-2016 School Year
Kathy Beier Student Council Advisor - Intermediate Building Wilson Vance (1/2 time) @ $416.75 David Brax Assistant 7th & 8th Grade Football Coach – Donnell @ $1,927.46 Erica Brunow Middle School Team Leader – Glenwood @ $1,128.69 Jason Callan Middle School Team Leader – Glenwood @ $1,128.69 Lisa Canterbury Middle School Team Leader – Donnell @ $1,823.27 Michelle DeBusman Assistant Director of 7th Grade Outdoor Camp @ $833.50 Ray Elbin Assistant Athletic Director (2 seasons Fall/Spring) – FHS @ $5,209.35 Kim Fillhart Student Council Advisor - Middle Schools (GW) 50% @ $416.75 Adam Gillespie Middle School Show Choir – Glenwood @ $1,719.09 Sue Harrington-Williams Middle School Team Leader – Donnell @ $1,128.69 Elizabeth Helser Freshmen Girls' Soccer Coach - FHS (50%) @ $1,137.37 Melissa Heydinger Student Council Advisor - Intermediate Building Wilson Vance (1/2 time) @ $416.75 Kim Hord Jr. Class Advisor - FHS (25%) @ $525.27 Jessica Loomis Jr. Class Advisor – FHS ((50%) @ $1050.55 Kim Murphy Middle School Team Leader - Glenwood @ $1,128.69 Kim Murphy Middle School Publications Advisor – Glenwood @ $1,041.87 Gordon Myers Culinary Arts Catering @ $833.50 Anthony Nugeness Jr. Class Advisor - FHS (25%) @ $525.27 Dan Pack Middle School Team Leader – Donnell @ $1,128.69 Kelly Scherger Elementary Intramural Director – Lincoln @ $1,736.45 Nancy Sheaffer Middle School Publications Advisor – Donnell @ $1,736.45 Nancy Sheaffer Middle School Team Leader – Donnell @ $1,823.27 Brian Sheehe Middle School Drum Line Director @ $1,736.45 Brian Sheehe Student Council Advisor - Middle Schools (DO) @ $1,528.08 Jennifer Snyder J.V. Girls' Soccer Coach – FHS @ $3,907.01 Jeff Stutzman Head Freshman Football Coach – FHS @ $3907.01 Kara Thomas Middle School Power of the Pen Coach – Donnell @ $1,128.69 Marcus Tuttle Middle School Team Leader - Glenwood @ $1,823.27 Loveda Watts Student Council Advisor - Middle Schools (GW) 50% @ $416.75 Loveda Watts Middle School Power of the Pen Coach – Glenwood @ $1,128.69
Katie Wheeler Middle School Show Choir – Donnell @ $1,024.51 Mike Wilson Director of 7th Grade Outdoor Camp @ $1,024.51
15. Volunteer – 2015-2016 Certified Club Advisors/Helpers
Diana Schweinfurth – Volunteer FHS PAST (Save Johnson's Island) Advisor Teresa Simons – Volunteer FHS Sign Language Club Advisor Laisha Wise – Sketch Comedy Club Volunteer Advisor
CLASSIFIED PERSONNEL
G. Resignation
Jeremy Logsdon (Elementary Technical Aide) (4 years) Reason: Other Employment Effective: 9/11/2015
H. Correction to August 17, 2015 Agenda
Toni Leonard, Kim Cosiano and Phyllis Schaffer From: Lincoln Building Intervention Grant @ $9.89/hour To: Lincoln Building Intervention Grant @ $22.01/hour
I. Correction to June 22, 2015 Agenda
Samantha Streicher From: Color Guard and Majorette Advisor – FHS @ $1,441.25 (100%) To: Color Guard and Majorette Advisor – FHS @ $936.81 (65%)
J. Termination
Dewitt Turner (Food Service Worker (5+hrs)-Secondary Cashier, High School) Effective: September 1, 2015
K. Appointments
The assistant superintendent recommends approval of the following appointments, at salaries in accordance with the adopted salary schedules, and contingent upon subsequent receipt by the Board of a report from B.C.I. which is not inconsistent with the applicant’s answers on the employment application
1. Transportation
Amy Hudson (Bus Driver, Transportation) Rate of pay: Step 1 @ $15.56/hour Effective: August 12, 2015
2. Jacobs HOST Program Coordinator @ $9.89/hr on August 17, 18, 19 & 21, 2015
Rebecca Yeo
3. Noon Hour Monitor @ $9.57/hr
Jordan Kane - Jefferson Deborah Kirian – Bigelow Hill Sara Smith - Jacobs Deb Roderick - Glenwood
4. Building Intervention Grant @ $9.89/hour
Traci Barbaree – Northview Allison Coldren - Donnell Heidi Corbin – Jefferson Celia Harper – Northview Julie Lewis – Wilson Vance Julie McGlade – Wilson Vance Rochelle Manley - Northview Michelle Shiparski – Jefferson Jodi Tackett – Bigelow Hill
9. FABSS Substitute Aide for 2015-2016 School Year, Step 2, Year 3 @ $8.25/hour
Emily Morrow
10. 2015 Summer Band Camp @ $21.25/hour not to exceed 21.5 hrs each (XSBAND)
Brian Sheehe Daniel Wilson
11. 2015 Volleyball Summer Camp Stipend
Bob Moran $650 (Manager)
12. 2015 Elementary Track Summer Camp Stipend
Brian Rosendale $400 (Director)
13. 2015 Track Summer Camp Stipend
Brian Rosendale $400 (Director) Mark Gleason $100 (Asst Manager)
14. 2015 Softball Camp Stipend
Paige Jansen $100 (Manager) Jim Gangle $100 (Asst Manager)
15. 2015 Girls’ Basketball Summer Camp Stipend
Chris Ireland $75 (Manager)
16. 2015 Boys’ Basketball Summer Camp Stipend
Jim Rucki $1081 (Director) Ray Elbin $820 (Asst Director) Blake Blackburn $512 (Supervisor) Jacobs Elbin $110 (Staff) Chase Miller $110 (Staff) Tre Miller $110 (Staff) Drew Hapner $55 (Staff) Kyle Nunn $55 (Staff)
17. 2015 Baseball Summer Camp Stipend
Jeff Stutzman $400 (Manager)
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18. Supplemental Duty Assignments – Non-Certificated Personnel for 2015-2016 School Year
WHEREAS, in accordance with the provision of the Ohio Revised Code 3313.53, the duly appointed representatives of the Findlay Board of Education have offered the following extra-duty positions, listed below, to the certificated employees of the district and have advertised the positions to certificated personnel not employed by the district, and
WHEREAS, no qualified certificated individuals have been found for these positions,
NOW BE IT THEREFORE RESOLVED, that the Findlay Board of Education hereby deems it appropriate to employ non-certificated personnel for the specified positions for a period not to exceed one (1) year and that the compensation shall be according to the adopted salary schedule for said position(s):
Andrew Bednar Assistant Golf Coach – (Boys’) – FHS @ $2274.75 Aaron Cheney Assistant 7th and 8th Grade Football Coach – Donnell @ $1927.46 Emily Ehresman 7th Grade Girls' Volleyball Coach – Donnell @ $2,274.75 Tiffany George Freshman Girls' Soccer Coach - FHS (50%) @ $1,137.37 Tammy Rettig Middle School Spirit Club Advisor – Glenwood @ $1,024.51 Dillan Shultz Color Guard and Majorette Advisor - FHS (35%) @ $504.44 Samantha Streicher Color Guard and Majorette Advisor - FHS (65%) @ $936.81 Adam Wilford Assistant Show Director – FHS @ $1024.51
19. Substitute and/or Per Diem Employees
Deb Rollins – Glenwood Substitute Monitor @ $9.57/hour James (Jim) Atchison – Substitute Bus Driver @ $15.00/hour effective 9/15/15
20. Volunteer – 2015-2016 Classified Club Advisors/Helpers
Shelley Bishop – Volunteer FHS Hockeyette Advisor Sheila Bloom – FTMB Volunteer Chaperone Chris Fraley – Volunteer Varsity Boys’ Soccer Coach Ron Hohlfelder –Volunteer Assistant Golf Coach (Boys’) Stan Johns – FTMB Chaperone and Equipment Vehicle Driver Charles Spragg – Head Golf Coach, FHS – Volunteer in lieu of $3177.70 – equal amount going toward golf program from general fund Cam Starrett - FIDL (Findlay Indoor Drumline) Volunteer Brian Williams – FTMB Chaperone and Equipment Vehicle Driver Joe Woodie - FIDL (Findlay Indoor Drumline) Volunteer
L. August 2015 Monthly Report
The treasurer recommends the August 2015 Monthly Report be accepted as presented by the treasurer as shown in EXHIBIT A.
M. Agreement between Findlay City Schools and Blanchard Valley Center
The treasurer recommends the Agreement between FCS and BVC regarding Medicaid Billing for Therapy be approved as shown in EXHIBIT B.
N. H.B. 487 Career-Technical Education Resolution
The superintendent recommends approval the H.B. 487 Career-Technical Education Resolution be accepted as shown in EXHIBIT C.
Roll call: Mrs. Robertson, aye; Mrs. Lockard, aye; Mrs. Dysinger, aye; Dr. Siebenaler Wilson, aye. President Dysinger declared the motion carried.
ACTION ITEM
2015-009-003 Out of State Trips
It was motioned by Dr. Siebenaler Wilson, seconded by Mrs. Robertson to approve the following out of state trips:
• Findlay High School Dance Team – InterNationals in Orlando, Florida 2/25/16-2/29/16 to compete in The AmeriCheer/AmeriDance InterNational Competition EXHIBIT D.
• Shockwave WGI World Championships – Troy, Michigan 2/6/16-2/7/16. EXHIBIT E.
Roll call: Dr. Siebenaler Wilson, aye; Mrs. Robertson, aye; Mrs. Dysinger, aye; Mrs. Lockard. President Dysinger declared the motion carried.
2015-009-004 FY16 Budget
It was motioned by Mrs. Lockard, seconded by Dr. Siebenaler Wilson to approve the Fiscal Year 2016 Budget as shown in EXHIBIT F.
Roll Call: Mrs. Lockard, aye; Dr. Siebenaler Wilson, aye; Mrs. Dysinger, aye; Mrs. Robertson, aye. President Dysinger declared the motion carried.
2015-009-005 FY16 Permanent Appropriations-
It was motioned by Mrs. Robertson, seconded by Mrs. Lockard to approve of the Fiscal Year 2016 Permanent Appropriations as shown in EXHIBIT G.
Roll Call: Mrs. Robertson, aye; Mrs. Lockard, aye; Mrs. Dysinger, aye; Dr. Siebenaler Wilson, aye. President Dysinger declared the motioned carried.
2015-009-006 Five Year Forecast
It was motioned by Dr. Siebenaler Wilson, seconded by Mrs. Robertson to approve of the Five Year Forecast as presented in EXHIBIT H.
Roll call: Dr. Siebenaler Wilson, aye; Mrs. Robertson, aye; Mrs. Dysinger, aye; Mrs. Lockard, aye. President Dysinger declared the motion carried.
REPORTS TO THE BOARD
A. Mr. Kurt reviewed ACT Scores from EXHIBIT I and stated that Findlay High School’s average is 23 which is well above the state average.
B. Mr. Kurt discussed the BOE Retreat on October 19, at Millstream, hors d’ oeuvres at 5:00 meeting at 6:00.
REPORTS FROM THE BOARD
A. Mrs. Lockard reviewed Book Study – Myth 19: This chapter discussed that tracking doesn’t benefit students on either end of the spectrum.
SUPERINTENDENTS COMMENTS
Mr. Kurt recognized the Strategic Planning sub committees and their working hard. He reminded the Board about his trip to Ozark, Missouri with Tony Iriti and Tim Mayle for workforce development. He also shared that the city has asked Findlay City Schools to collaborate on a resolution opposing Issue 3 on the November ballot.
BOARD’S COMMENTS
Mrs. Dysinger shared a huge thank you to Mr. Kurt, Mr. Roth and Mr. Barnhart for leaving no stone unturned in their leadership of the district and their collaboration with the community.
2015-009-007 Adjournment
It was motioned by Dr. Siebenaler Wilson, seconded by Mrs. Robertson to adjourn the meeting at 6:48 pm.
Roll call: Dr. Siebenaler Wilson, aye; Mrs. Robertson, aye; Mrs. Dysinger, aye; Mrs. Lockard, aye. President Dysinger declared the motion carried.
•Pie percentages ind icate estimated revenue received or budgeted expense spent/encumbered from each category. For example, 44% of FY16 estimated property tax revenue (red) has been received to date.
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Exhibit A
Findlay City School District Bank Reconciliation
2015 Month of August
FUND BALANCES ON BOARD BOOKS
Bank Statement Balance Fifth-Third Bank Athletic Petty Cash (4) 1/24/00 FHS Guidance Petty Cash 1/14/02 Treasurer/Transportation Petty Cash 10/9/00 Food Service Change 8/13/01 MS Change 7/16/01
Outstanding Checks
Total Bank Balances
Investments Fifth-Third Bank Securities 8/31/15 Fifth-Third Bank - Main MaxSaver 8/31/15 Fifth-Third Bank - State Share MaxSaver Fifth-Third Invested Bond Proceeds 8/31/15 Citizens National - Money Market 8/31/15 Multi-Bank Securities Other Bank CDs Keybank Money Market 8/31/15 Star Ohio 8/31/15
Total Investments
Adjustments 8/31 Common Remitter amount included in STAR balance NSF check Deposits in bank yet to be booked Gordon Foods wire in transit (on books but still in bank)
Total Bank Balances and Investments after Adjustments
1,456,974.46 14,000.00 2,000 .00
200.00 1,027.00
200.00
(632,962 .18)
2,017,687.25 7,754,867.96
3,205,537.48 5,884.74
18,352,007.40 3,747,795.07
18,105.82 6,115.16
$ 35,903,288.24
841,439.28
35,108,00 0.88
(5,754.50) 79.00
(27,440.00) (13,036.42)
$ 35,903,288.24
I do hereby certify the above to be true and accurate .
Par Issued Maturity Interest Cost Market Amount Tipe Date Date __!Late Basis Value
Fifth Third Se1,urities 25,072 5th 3rd Govt MM fund Class A 0.010% $ 25,072.25 $ 25,072.25
2b0,000 FANNIE MAE 10/7/2011 2/25/2016 2.000% 259,615.00 252,007.50 180,000 FHLB NOTE 5/17/2013 1/30/2018 0.950% 180,000.00 178,867.80 240,000 Capital One Bank CD 6/2412015 6/25/2018 1.550% 240,000.00 237,914.40 500,000 FHLB NOTE 1/6/2015 12/18/2019 1.000% 500,000.00 500,215.00 113,000 Barclays Bank CD, Delaware 7/23/2014 7/23/2019 2.100% 113,000.00 112,881.35 300,000 FHLB NOTE 4/17/2015 4/17/2020 1.250% 300,000.00 299,793.00 400,00_Q FREDDIE MAC 4/29/2015 4/29/2020 1.000% 400,000.00 399,168.00
Sub-total Fifth Third $ 2,017,687.25 $ 2,005,919.30
Miscellaneous Banks 145,000 First Federal CD (1 of 2) 6/1412012 6/13/2016 0.750% 145,000.00 100,000 Old Fort Bank CD (1 of 2) 7/28/2011 7/28/2016 2.030% 100,000.00 100,000 First Federal CD (2 of 2) 8/2/2011 7/29/2016 1.990% 100,000.00 248,000 Goldman Sachs CD, New York 10/24/2012 10/24/2017 1.500% 248,000.00 248,000 Safra Nat'I Bank CD, New York 2/19/2013 1131/2018 1.000% 248,129.10 248,000 Discover Bank CD 2/20/2013 2/6/2018 1.100% 248,000.00 248,000 Sterling Savings CD, Spokane, WA 2/22/201::S :U22/:lU18 1.000% 248,000.00 248,000 Crescom Bank CD, Myrtle Beach 2/27/2013 2/27/2018 1.000% 248,000.00 248,000 CIT Bank CD, Salt Lake City 3/6/2013 3/6/2018 1.100% 248,000.00 248,000 Pacific Continental CD, Eugene, OR 4/19/2013 4/19/2018 0.900% 248,000.00 248,000 Compass BankCD, Alabama 7/31/2013 7/31/2018 1.700% 248,000.00 142,666 Old Fort Bank CD (2 of 2} 10/23/2013 10/23/2018 1.740% 142,665.97 245,000 Enterprise Bank CD, Massachusetts 2/12/2014 2/12/2019 1.750% 248,000.00 248,000 Webster Bank CD, Connecticutt 2/12/2014 2/12/2019 1.900% 245,000.00 245,000 First Business Bank CD, Wisconsin 3/21/2014 3/21/2019 1.650% 245,000.00 98,000 Citizens National CD (2 of 2} 7/9/2014 7/9/2019 1.050% 98,000.00
245,000 Charter Bank CD, Georgia 2/11/2015 2/11/2020 1.650% 245,000.00 195,000 Citizens National CD (1 of 2} 8/3/2015 8/3/2020 1.740% 195,000.00
Sub-total First Federal $ 3,747,795.07
Multl-Bank Securities 249,000 Citizens Banking CD, Sandusky 8/22/2014 2/22/2017 1.000% 249,000.00 150,000 Signature Bank CD, Toledo (1 or 2} 6/21/2012 4/21/2017 1.000% 150,000.00 98,000 Signature Bank CD, Toledo (2 or 2} 8/17/2012 8/17/2017 1.000% 98,000.00
950,000 Federal Farm Credit Bank 9/5/2012 9/5/2017 0.970% 950,000.00 950,000 Federal FarmCredit Bank 9/5/2012 9/5/2017 0.990% 950,000.00 950,000 FHLB Note 9/18/2012 9/18/2017 1.000% 950,000.00 950,000 FHLB Note 3/27/2013 12/27/2017 1.000% 950, 000.00 248,000 JP Morgan Chase CD, Columbus 2/19/2013 2/1912018 1.125% 248,000.00 950,000 Freddie Mac 3/26/2013 3/26/2018 1.000% 950,000.00 900,000 Fannie Mae 3/27/2013 3/27/2018 1.100% 900,000.00 950,000 FHLB Note 412/2013 4/2/2018 1.040% 950,000.00 705,000 FHLB Note 4/1612013 4/16/2018 1.100% 705,000.00 950,000 FreddieMac 4/25/2013 4/25/2018 1.150% 950,000.00 750,000 Fannie Mae 5/15/2013 5/15/2018 1.010% 750,000.00 249,000 CF Bank CD, Fairlawn, OH 8/8/2014 8/8/2018 1.500% 249,000.00 248,000 NCB, FSB CD Hillsboro 2/11/2013 8/13/2018 1.500% 248,000.00 148,000 Sutton Bank, Attica CD (2 of 2} 8/20/2013 8/20/2018 1.700% 148,000.00 247,000 Third Federal CD, Cleveland 4117/2014 4/17/2019 1.800% 247,000.00 150,000 Ohio Valley Bank CD (2 of 2) 7/24/2014 7/23/2019 1.800% 150,007.40 950,000 Fannie Mae 1/30/2015 1/29/2020 1.700% 950,000.00 950,000 Federal Farm Credit Bank 2/11/2015 2/11/2020 1.730% 950,000.00 950,000 fanme Mae 2113/.!015 2/1~12020 1.675'1', 950,000.00 950,000 FHLB Note 3/16/2015 3/16/2020 1.920% 950,000 .00 950,000 Federal Farm Credit Bank 4/13/2015 4/1312020 1.680% 950,000.00 950,000 Freddie Mac 4/24/2015 4/24/2020 1.625% 950,000.00 310,000 FHLB Note 4/28/2015 4/28/2020 1.700% 310,000 .00 600,000 Fannie Mae 5/20/2015 5/20/2020 1.750% 600,000.00 950,000 Federal Farm Credit Bank 8/712015 814/2020 1.940% 950,000.00
Sub-total Multi-Bank Securities $ 18,352,007.40
Liguid Investment Accounts Citizens National MM 0.030% 5,884.74 8/31/2015 Fifth Third Main MaxSaver 0.250% 7,754,867.96 8/31/2015 Fifth Third State Share MaxSaver 0.000% 8/31/2015 KeyBank MM Savings 0.001% 18,105.82 8/3112015 StarOhio 0.110% 6,115.16 8/31/2015
GRANO TOTAL INVESTMENTS I Jl ,!11!2,!l!iMll
as prepared by Mike Barnhart
9/2/2015
Findlay City Schools Bond Proceed Investments Fiscal Year 2016
Par Issued Maturity Interest Cost Market Amount Type Date Date Rate Basis Value
Fifth Third Securities {2010 Bond Proceeds) 916,447 5th 3rd Govt MM fund Class A 0.010% $ 916,447.32 $ 916,447.32 800,000 Freddie Mac 245,000 GE Capital Bank Retail CD 245,000 Synchrony Bank CD
1/16/2014 6/13/2014 6/13/2014
6/29/2017 6/13/2018 6/13/2019
1.000% 1.600% 2.000%
799,457.66 245,000.00 245,000.00
804,632.00 244,453.65 244,951.00
245,000 BMW Bank CD, Salt Lake 7/23/2014 6/20/2019 1.950% 244,632.50 244,990.20 245,000 Barclays Bank CD, Delaware 7/23/2014 7/23/2019 2.100% 245,000.00 244,742.75
10,000 American Express Bank CD, Ut 7/24/2014 7/24/2019 2.000% 10,000.00 9,992.90 500,000 Fannie Mae 4/28/2015 4/28/2020 1.500% 500,000.00 496,600.00
Total of Invested 2010 Bond Proceeds $ 3,205,537.48 $ 3,206,809.82
as prepared by Mike Barnhart 9/2/2015
Date: Time:
09/02/2015 8:53 am
FINDLAY CITY SCHOOLS Financial Report by Fund
Page: (FINSUM)
1
Begin Balance MTD Receipts FYTD
Receipts MTD
Expenditures FYTD
Expenditures current
Fund Balance current
Encumbrances Unencumbered Fund Balance
TOTAL FOR Fund 001 - GENERAL: 13,764,044.88 5,212,442.56 17,466,578.47 4,389,386.02 9,137,156.99 22,093,466.36 6,233,832.72 15,859,633.64
003 5100 0000 000000 000 TRANSFER IN FROM 001 TO ZERO OUT THIS . 00 .00 . oo • 0 0 0.0 % 003 5300 0000 000000 000 REFUND OF PRIOR YEAR EXPENDITURES .00 .00 0 0 , DO 0 . 0 %
** Fund 003 Sec 0000 Totals .oo . DO 00 , DO 0. 0 %
003 1111 9030 000000 000 P.I. REAL ESTATE TAX 1,929,032.00 767,832 , 79 79,832.79 1, 1 6 1 , 199.21 39. 8 % 003 1122 9030 000000 000 P.I. PERSONAL PROPERTY TAX .00 .00 .00 .00 0. 0 % 003 1410 9030 000000 000 PERMANENT IMPROVEMENT - INTEREST . 00 • Qi) .0 0 .0 0 0.0 % 003 1820 9030 000000 000 PERMANENT IMPROVEMENT - DONATIONS .00 .oo .00 .0 0 0. 0 % 003 1880 9030 000000 000 PI SHARE OF T.I.F. OR P.I.L.O.T .00 3,164 • .ll 3,164.11 3,164.11- 0. 0 % 003 1940 9030 000000 000 PERMANENT IMPROVEMENT - SALE OF NOTES . 00 .oo . 00 .00 0. 0% 003 3131 9030 000000 000 10% & 2.5% ROLLBACK FOR PI LEVY .00 . 00 .00 .oo 0 . 0 % 003 3132 9030 000000 000 HOMESTEAD REIMBURSEMENT FOR PI LEVY .00 ,OD .0 0 .00 0 .0 % 003 3133 9030 000000 000 REIMBURSEMENT OF lOK PERSONAL PROP EXE .00 .oo .00 . 0 0 0 .0% 003 5100 9030 000000 000 TRANSFERS IN .oo . oo .00 .0 0 0 . 0 % 003 5210 9030 000000 000 ADVANCES IN -- FROM GENERAL FUND .oo • 00 .00 .00 0. 0 % 003 5300 9030 000000 000 REFUND OF PRIOR YEARS EXPENDITURES .oo . 00 .00 .0 0 0.0 %
Grand Total All Funds 72,698,343.51 5,031,355.30 10, 283,437.66 8,114,575.51 54,300,330.34
Agreement between Findlay City Schools and Blanchard Valley Center
MEDICAID BILLING FOR THERAPY
The following points outline the agreement between Findlay City Schools (FCS) and Blanchard Valley Center (BVC) for the purpose of therapy (PT , OT , and Speech) billing between the two parties .
• BVC in conjunction with FCS shall develop an IEP for each eligible student in accordance with applicable requirements . Each IEP shall include those therapy services for which the student is eligible .
• FCS shall provide BVC with such information necessary for BVC to carry out its duties under this agreement.
• Therapists employed or under contract by BVC shall document therapy services per the method prescribed by FCS.
• While documentation for specific therapy services shall be completed for each student regardless of Medicaid eligibility, FCS shall only be responsible to reimburse BVC for those students living within the FCS district with Medicaid eligibility.
• BVC shall bill FCS on a semester basis for the therapy services provided to its Medicaid eligible students at the prescribed rate of reimbursement.
• FCS shall reimburse BVC on a semester basis for therapy services provided by BVC to its Medicaid eligible students . FCS shall bill Medicaid for those therapy services provided.
• Following the end of the school year , FCS and BVC personnel shall meet to determine the reconciliation needed for those services paid to BVC by FCS for which FCS did not receive Medicaid payment.
• BVC agrees to make FCS whole for the reconciliation amount agreed upon by BVC and FCS personnel.
• This agreement is in effect for the 2015-16 school year and may be reevaluated and/or revised from year to year to the party 's mutual satisfaction . It will automatically renew each school year unless terminated in advance by either party in writing .
WHEREAS, Section 3313.90 of the Ohio Revised Code stipulates that local school districts may adopt a resolution that specifies the district’s intent not to provide career‐technical education to students enrolled in grades seven and eight for a particular school year;
AND
WHEREAS, Section 33.13.90 further provides that if the district submits that resolution to the Ohio Department of Education by the thirtieth day of September of that school year, the department shall waive the requirement for that district to provide career‐technical education to students enrolled in grades seven and eight for that particular school year.
THEREFORE, be it resolved that the Findlay City School District School Board hereby waives the requirement to provide career‐technical education in grades seven and eight for the 2015‐2016 school year as allowed by Section 3313.90.
The Findlay High School Dance Team would like to attend the 2016 Ameridance lnterNational Dance Competition held in Orland, Florida. The Dance Team learns and perfects routines and dance technique during their season to perform for their school and community, and to compete in competitions. The team works hard to earn their way to the lnterNational competitionand looks forward to this as their final performance of their season. The team has enjoyed traveling to this competitionin the past, has been very successful when competing in Florida, and is an excellent representationof Findlay High School and the Findlay High School Dance Team while traveling.
Destination:The AmeriCheer/AmeriDance lnterNational Competition Orlando, Florida - Disney World
Dates: February25, 2016 - February29, 2016
Travel Information/Transportation: • School transportation to and from the airport • CommercialAirplane • Disney transportation while in Orlando
Troy Athens HS, Troy, Michigan (Performance Area Below)
--~ - -~~ -•. SHOCKW A VE at Troy Athens Main Gym for Prelims Performance 2012
REMINDER: If you need to take your son or daughter home early from a competition make sure to have a note signed by your school principal or assistant principal turned into
me the Monday prior to the trip.
NO FLASH PICTURES, AUDIO & VIDEOS are permitted! We can be disqualified if they are used from our school.
mbrown
Exhibit E
THE ARTS Saturday, February 6th, 2016@ Troy HS Competition sPoRr o~ • 8:00 AM Arrive at Do nnell in SHOCK WA VE Jacket & bring blue bag (Eat breakfast pri or to arri val)
Wear your blue shirt and brin g your black shoes & socks. (Snare /Tenor bring half cut white shir t)
8:05 AM Leave for Troy Athens HS (128 miles one way) 4333 John R. Road , Troy, Ml 48085 (2 hr 20 min trip)
9:30 AM Approximate Restroom Stop at Rest Area , near Mo nro e - 15 minut e stop
10:45 AM Arrive at Troy , Athens HS, Unload Bus , Unload Truck into Hallway , check in & go to Homeroom (Those buying tix $20.00 for a co mbo Prelims / Finals) Store gear in hallw ay area
11:00 AM Get Chan ged into Uni form & then meet at the gear
11 :36 AM Wann up area "B"
11 :54 AM Transit time
12:03 PM Ready Line
12:12 PM SHOCKWAVE WGI PRELIMS PERFORMANCE!!!
12:21 PM Take equipm ent to storage area , refo ld tarp for finals, get changed and then clear out hallwa y area
12:35 PM Eat Piua Lun ch in Cafe teria , sit together as a group (Mr s. Stu ltz)
2:40 PM Load bus for Drury lnn Hote l, 575 W . Big Beaver Road, Troy , MI 48084
2:50 PM Leave for Drury Inn and Check in - Relax for a little whil e - NO Poo l - Get naps if you can, to recharge
5:00 PM Dinner at Drury Inn - Mrs. DeMuth , follow ing dinn er get cha nged into full unifonn
6:10PM Leave for Troy Athen s HS - In Full Unifonn
6:30 PM Arri ve and Check in
6:55 PM Meet at Gear and get ready to move & Go to Wam1 up* Dependent on placement
7:09 PM Wann up in area "B" or " A"
7:36 PM Read y Line
7:45 PM or later(Dependent on Placement) SHOCKWAV E WGI FINALS PERFORMANCE
7:54 PM Take equ ipment out to truck , load truck and ge t changed
8: 15 PM Snack in Cafeter ia (Mr s. Stult z) - Following go into Arena and watch FIN ALS (Sit together- not spread out).
10 :15PM Awards (Section Leader s in Fu ll Unifo nn ) , then immed iately after awa rds get on bus & leave for Drury Inn
11:00PM Anive at Drury 1nn, check and go to room and lights ou t. It was a long day.
February 7th, 2016@ Return Trip Home
7:15 AM Rise and Shine & Eat Breakfast downstairs
8:00AM Pool time - stay together and no one in pool unless parents and/or staff are present
9:30AM Check out of Drury Inn and load up bus & for Findlay
9:45 AM Leave for Findlay
Noon Return to Donnell Middle School , Unload truck , Battery refold tarp & dismissed until Monday
Done for the Weekend (See you Monday at rehearsal 5:30 PM)
Michigan Rest Stop on Way up (Monroe approx. mile marker 10)
Field Trip Approval Information Packet SHOCKWAVE to WGI@ Troy, Michigan
A) Educational Reasons (co-curricular or extra curricular)
This is part of SHOCKWAVE's requirement to participate in WGI World Championships (National drumline circuit) in April. Each drumline must compete in a WGI Regional to be eligible for World Championships.
This will mark our fifth year at the Troy Regional in Michigan. This is a great opportunity for SHOCKWAVE to compete against different drum lines from around the United States as well as be adjudicated by Judges that we don't see at our local competitions. It is another example of how the Findlay City Schools Band program has more opportunities than the county schools.
These longer trips also contribute to a stronger bond being forged between drumline members. Learning how to take a trip will help students when they move into the High School program be more prepar ed.
B) Destination
Troy, Michigan
C) Complete Itinerary (Enclosed)
D) Insurance Issues
We would be under the Findlay City Schools policy for a school sanctioned event riding a Findlay City School bus.
E) Chaperone Issues
I will be the Findlay City employee on the School Bus to satisfy to the Findlay City School employee on each bus during travel. I will have several Board approved volunteers on the trip as well as I would have one parent chaperone in each room with students as well as on the bus.
F) Transportation Issues
Since this would be inside the normal range of School buses, we would use a Findlay City School Bus.
G) Cost per Student (Enclosed)
The cost per student would ($45 per student) breakdown enclosed.
H) Funding Sources
Fundraisers : (Music Boosters, transportation money allotment as well as student fees)
!.} I am willing to attend a Board meeting to present for approval.
FINDLAY MIDDLE SCHOOL INDOOR DRUMLINE
SHUCHWAVE -====== EST. 1998 =======--
Saturday through Sunday lTroy Trip February 6th & 7'11,2016 -4-
$644.67 Bus Trave l (Trip covered by SHOCKWAVE Transp. Acct.) = $0
$123 .00 per room Drury Inn Hotel ( divided by 3 students in each room) We also have a parent chaperone in each room
$41.00 per student
Saturday Lunch (Pizza lunch) = $4.00 per student
Saturday Dinner part of Drury Inn Hotel = $0
Sunday morning Breakfast part of Drury Inn Hotel = $0
Total Money $45.00
Directions from Donnell School to Troy Athens High School 301 Baldwin Ave., Findlay, OH 45840 to 4333 John R. Road, Troy, MI 48085
1. Head west on W Yates Ave toward Western Ave
2. Turn left onto Western Ave
3. Take the 1st right to stay on Western Ave
4. Turn right onto OH-15 W/US-68 N
5. Keep right at the fork , follow signs for 1-75 N/OH-15 N/Toledo and merge onto 1-75 N/OH-15 W Continue to follow 1-75N Entering M1ch1gan ,, 6. Take exit 51C to merge onto 1-75 N toward Flint
7. Take exit 67 for Rochester Rd
4 ' 8. Turn right onto Rochester Rd N
9. Turn right onto E Wattles Rd
10. Turn left onto John R Rd Destination will be on the left
• I
Estimated Time: 2 hours 15 Minute s Estimated Distance: 127 mile s
SHOCKWAVE 2015-2016 Bus Trip Attendance (February 6/7, Troy WGI)
SCHOOL BUS Maximum Capacity 40 people SAI\IPL E
Name To Rest Area To Trov To Hotel To Trov To Hotel To Findlay
Wyatt Miller Eve lyn Napier Josiah Spiceland Jaidyn Wilt Owen Pueschel Zoe Mason Matthew Morsfield Sam Riebe Dylan Hall Kaedyn Nichols Hay leigh Rhode s Damon Francis Ezra Larsen Jacob Klein Brianna DeMuth Trinity Lee Jack Flaugher Tiffany Stultz Paige Rosselet Kanon Maesaka Maren Howa rd Ethan Morsfield Ridge McG irr Tr istan Steffan (24)
Mr. Sheehe Mr. Gordon Mr. Forti n Mr. Grandb ois Jeffrey Morsfield (29)_ _ _
Mr. DeMuth On Big Truck Mrs. DeMuth On Big Truc k
Mrs. Klein Drive on Own Mr. & Mrs. Miller Drive on Own Mr & Mrs. Spiceland Drive on Own Mr. Morsfie ld Drive on Own
Tarp Crew: Truck Crew: 1) Mr. M orsfie ld 1) Mr. DeMuth 2) Mr. DeMuth 2) Mr. Morsfield 3) Mr. Klein (}fin town) 3) Mr. Klein 4) Mr. Spiceland 4) 5) Mr. Cramer 5) 6) Jeffrey Morsfield 7) JD Spice land 8)
SHOCKWAVE WGI Troy Regional Trip
February 6th - 7th Overnight Trip
SAMPLE
Rooml Room2 Room3 Mr. DeMuth Mr. Morsfield Mr. Cramer Ridge McGin Matthew Morsfield Tristan Steffan Ezra Larsen Ethan Morsfield Owen Pueschel
Jacob Klein Jaidyn Wilt
Room4 Room5 Room6 Mr. Spiceland Mr. Fortin Mrs. DeMuth Josiah Spiceland Wyatt Miller Brianna DeMuth Kaedyn Nichols Damon Francis Trinity Lee Jack Flaugher Dylan Hall Kanon Maesaka
Room7 Room8 Room9 Mrs. Steffan Mrs. Miller Mrs. Braithwaite Eve lyn Napier Zoe Mason Ms. Smith Maren Howard Tiffany Stultz Sam Riebe Paige Rosselet Hay leah Rhodes
Room 10 Room 11 Room 12 Mrs. Spiceland Mr. Grandbois Mr. Gordon -Asst. Director JD Spiceland Jeremiah Spiceland
Room 13 Room 14 Room 15 Mrs. Klein Bus Driver Mr. Sheehe - Director
Bold Indicates Adults in Rooms Nonna! print Indicates Students in Rooms
to Mr. Sheehe on the Monday PRIOR to the competition.
Troy HS Warm up Area A
Findlay City
School District
2 0 1 6 B u d g e t
Fiscal Year Ending June 30, 2016
Submitted to Board
September 14, 2015
mbrown
Exhibit F
TABLE OF CONTENTS PAGE
Principal Officials .................................................................................................................................................... 1
Financial Section Revenue - General Fund ........................................................................................................................................ 2 Terminology Used in Relationship to Categorization of Revenues ........................................................................ 3 Terminology Used in Relationship to Categorization of Expenditures ................................................................... 4 General Fund Comparison of Expenditures by Object/Function ............................................................................ 5
General Fund Instruction
Regular Instruction (1100) ................................................................................................................... 6 Special Instruction (1200) .................................................................................................................... 6 Vocational Instruction (1300) ............................................................................................................... 7 Other Instruction (1900) ...................................................................................................................... 7
Support Services – Pupil Guidance Services (2120) ................................................................................................................... 8 Health Services (2130) ........................................................................................................................ 8 Psychological Services (2140) ............................................................................................................ 9
Support Services - Instructional Instructional Staff Services (2210) .................................................................................................... 10
Educational Media Services (2220)...................................................................................................10 Other Support Services (2290)..........................................................................................................10
Board of Education (2310) ....................................................................................................................11 Executive Administrative Services (2410) ...........................................................................................11 Administrative Principals and Offices (2420)......................................................................................12 Fiscal Services (2500)............................................................................................................................12 Operations and Maintenance (2700) ....................................................................................................13
Extra-Curricular Activities Academic and Subject Oriented (4100) ............................................................................................ 15 Sports Oriented (4500) ...................................................................................................................... 15 School and Public Co-Curricular Activities (4600) ............................................................................ 15
Architect Services (5300) ......................................................................................................................16 Transfers, Advances and Refund of Prior Year (7200, 7400 & 7500)................................................16
General Fund Appropriations By Function ......................................................................................................17 Local, State and Federal Funds Appropriations By Fund ..............................................................................18 Permanent Improvements .................................................................................................................................. 19 County Auditor Budget – Schedule 3 ...............................................................................................................20 Five-Year Forecast & Assumptions ..................................................................................................................21 County Auditor Budget – Schedule 1 ...............................................................................................................24 SB 345 Set Asides ............................................................................................................................................... 25 County Auditor Budget – Schedule 4 ...............................................................................................................26
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 1
BOARD OF EDUCATION
Barbara Dysinger ......................................................................................................... President Jane Robertson .................................................................................................... Vice President Barb Lockard .................................................................................................................. Member Shane Pochard .............................................................................................................. Member Kathy Siebenaler Wilson ................................................................................................ Member
ADMINISTRATION
Edward Kurt ......................................................................................................... Superintendent Troy Roth ............................................................................................. Assistant Superintendent Michael Barnhart .......................................................................................................... Treasurer David Alvarado ...................................................................... Principal, Glenwood Middle School Dave Barnhill ...................................................................... Principal, Wilson Vance Intermediate Susan Chesebro.................................................................................. Principal, Whittier Primary Maryl Hill ..................................................................................... Coordinator, Special Education ‘Andrea King ......................................................................................... Principal, Jacobs Primary Craig Kupferberg ........................................................................... Principal, Findlay High School Dennis McPheron .......................................................................................... Director of Facilities Jennifer Miller ................................................................................................ Assistant Treasurer Krista Miller ...................................................................................... Principal, Jefferson Primary Eric Payne ....................................................................................... Principal, Northview Primary Chris Renn ................................................................................... Director, Vocational Education Stephanie Roth ....................................................................... Director of Elementary Instruction Nick Say ......................................................................................... Principal, Lincoln Elementary Rich Steiner .............................................................................. Director of Secondary Instruction Jerri Strait ........................................................................................... Director of Transportation Victoria Swartz .................................................................................... Director of Pupil Services Jennifer Theis ........................................................................ Principal, Bigelow Hill Intermediate Mike Wallace ................................................................... Principal, Chamberlin Hill Intermediate Teresa Welty ............................................................................................. Food Service Director Martin White ................................................................................................. Technology Director Don Williams ............................................................................. Principal, Donnell Middle School Judy Withrow ................................................................................... Coordinator, Gifted Services Kathy Young .............................................. Supervisor Washington Preschool/Special Education
-•-
.■ ,
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 2
REVENUE
General Fund
2012/13 Actual
2013/14 Actual
2014/15 Actual
2014/15 Budget
2015/16 Budget
Receipts From Local Sources 1111 Real Estate Tax 1120 Personal Property Tax
Total Receipts From Local Sources
$ 24,661,927 $ 25,159,021 - -
24,661,927 25,159,021
$ 25,455,004 -
25,455,004
26,688,475 -
26,688,475
25,785,519 -
25,785,519
Receipts From State and Federal Sources 3110 Basic Aid & Special Ed 3219-0004 Vocational Allow ance 3110-0005 Transportation Allow ance
16,988,330 301,351 101,641
18,011,375 309,898
629,911
19,676,183 343,685
878,659
19,063,992 371,411
706,668
20,664,068 321,503
751,897
3110-0008
31303134319032194120/41394130
3212-9194
Sub-Total SF3 Other Adjustments (Voc & Spec. Ed)
Rollback and Homestead Utility Reimbursement SB3/287 Casino Revenue State Reimbursement Spec Ed Federal Medicaid/ Stu Intervention
E-rate (formerly fund 588) Bus Purchase Allow ance
17,391,323 1,113,833
7,159,603 -
113,394 50,317
154,060 --
18,951,184 1,578,893
7,175,338 -
277,571 24,798
173,003 --
20,898,527 1,569,035
7,170,280 -
274,972 158,770 563,512
--
20,142,071 1,200,000
7,142,000 -
260,000 80,000
200,000 10,000
-
21,737,468 1,500,000
6,411,280
270,000 85,000
200,000 --
Total Receipts From State and Federal Sources 25,982,529 28,180,788 30,635,096 29,034,071 30,203,748
Miscellaneous Receipts From Local Sources 1211 Tuition Parents 1221 Tuition From Other Districts 1222 Summer School 1223 Tuition Special Education 1224 Tuition Vocational Education 1227 Open Enrollment 1410 Interest on Investments 1740 Class Fees/Parking Fees 1810 Rental School Property 1820 Donations 1832 Contracted Services - HCESC
-76,471 30,726
497,503 39,865
996,190 259,758
7,444 17,179 2,402
-
4,581 92,637 26,713
493,207 93,833
1,266,536 119,716
9,780 31,941 1,150
-
-65,566 20,368
288,898 22,312
1,323,980 181,893
9,413 43,392 1,640
-
-90,000 35,000
550,000 95,000
1,200,000 130,000 11,000 35,000 5,000
-
-85,000 28,000
500,000 80,000
1,300,000 120,000 10,000 35,000 4,000
-189019335300
Miscellaneous Fines, Etc. Sale Non-Real Property Prior Years Adjust and Refunds
700,793 92,972
205,781
628,436 28,136
535,245
431,535 11,350
438,521
400,000 15,000
50,000
400,000 9,000
60,000
Total Miscellaneous Receipts From Local Sources 2,927,085 3,331,911 2,838,868 2,616,000 2,631,000
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 3
Terminology Used in Relationship to Categorization of Revenues A Cross-Walk for the Lay Reader
Revenues or receipts are acknowledgment of monies obtained by the District. The totals on the opposite page include all items categorized as such throughout the General Fund. The Auditor of State assigns receipt codes.
Receipts From Local Sources (1100) – includes monies obtained by the district from local sources.
Receipts From State and Federal Sources (3000, 4000) – includes monies obtained by the district from state sources. Grants-in-Aid are contributions made from state funds to a district, which is distributed on some flat grant or equalization basis.
Tuition (1200) – includes monies received from patrons, other school districts, and other sources for education provided in the school of the district.
Revenues by Source identifies revenues that consist of four (4) digits. The following is to assist the reader in understanding the values on the opposite page.
1100 Taxes – General Property Tax (Real Estate Gross and Tangible Personal Property Tax Gross) are taxes levied by a district by the assessed valuation located within the district, which, within legal limits, is the final authority in determining the taxes to be raised for school purposes.
3110 School Foundation Basic Allowance – Monies received through the state’s Foundation Program that is not restricted to a particular use. This account now includes the amounts previously reported as special education, vocational, pupil transportation and DPIA. Other includes open enrollment and adjustments for vocational and special education.
3130 Property Tax Allocation – Monies received as a result of homestead exemption legislation (Sections 323.151,et.Seq.), property tax rollback legislation (Sections 319.301,et.Seq.) and personal property tax exemption (Section 5709.01).
3212 Bus Purchase Allowance – Monies received through the state’s Foundation Program for buses.
3219 Parity Aid – Monies received through the state’s Foundation Program for all-day kindergarten to more students.
Earnings on Investments (1400) – includes interest received on temporary or permanent investments in U.S. Treasury bills, notes, certificates of deposit or other interest-bearing obligations.
Miscellaneous Receipts From Local Sources (1700, 1800) – includes other income from local sources, which is not classified above.
Other Revenue Sources (1900) –- includes revenue from local sources not classified above.
Refund of Prior Year’s Expenditures (5300) – includes monies received from refund of an expenditure charged to a prior fiscal year’s budget.
4120 Unrestricted Grants-in-Aid Received From Federal Government Through the State – Revenues received from the federal government through the state as grants including Medicaid (CAFS).
1200 Tuition – Monies received from parents, summer school, and special education and vocational education charges to member districts.
1410 Interest – Monies received from interest on investments.
1700 Classroom Materials and Fees – Monies collected from pupils for class fees including parking fees.
1800 Miscellaneous Receipts from Local Sources – Monies collected from rentals of school property, contributions and donations from private sources, services provided to other entities, and other miscellaneous receipts not previously classified.
1930 Sale and Loss of Assets – Revenue generated from the sale of school property or realized from recoveries for loss of school property.
5300 Refund of Prior Year’s Expenditures – Refund of an expenditure charged to a prior fiscal year’s budget.
5220 Advances-In Return – Monies received by a fund, as a result of an advance from another fund, in anticipation of future revenue.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 4
Terminology Used in Relationship to Categorization of Expenditures A Cross-Walk for the Lay Reader
Expenditures by Object identifies the motive or reason for expenditure. The totals on the opposite page include all items categorized as such throughout the General Fund.
Salaries – include wages paid to all individuals hired by the Board of Education that have an employee/employer relationship.
Fringe Benefits – include the employer portion of retirement, insurances, worker’s compensation, and Medicare for employees who are included in the “Salaries” category.
Contracted Services – expenditures for services provided by outside contractors for items such as utilities (gas, water, electric, and telephone), trash pickup, and repair work. Also included are conference expenses, consultants, and guest speakers for teacher in-service, and mileage reimbursement.
Material and Supplies – cover items for the daily operation of the district both in and out of the classroom. Maintenance of all district facilities from cleaning supplies, to grounds, to maintenance of equipment would be included here. Fuel for transporting of students is also expended under this category. The purchase of textbooks, paper, classroom and office supplies are also charges to this object level.
Capital Outlay – includes tangible assets with a useful life expectancy of at least three (3) years with a value of over $500. All items, whether purchased as a new piece of equipment or replacing an existing item, would be charged to these accounts.
Other – includes such items as Auditor’s and Treasurer’s fees, liability insurance, and student activity payments.
Expenditures by Function identifies expenditures through program areas. Each program area described below is defined on its separate budget page throughout this document. The following is to assist the reader in understanding what the values on the opposite page include.
Instruction – Sum of Elementary, Middle and High School Instruction.
Special Instruction – Academically gifted, handicapped, culturally different, disadvantaged, and other special.
Vocational Instruction – Career choices to successfully enter and compete in a changing work world.
Other Instruction – Instruction not defined previously.
Support Service - Pupil – Sum of Guidance, Health, Psychological, Speech and Hearing, and Attendance/Substance Abuse Services.
Support Services – Instructional – Sum of Instructional Staff and Educational Media, and Other Support Services.
Board of Education – Board of Education.
Administration – Sum of Executive Administrative Services and Administrative Principals and Offices.
Fiscal Services – Budgeting and Payroll Services.
Operations and Maintenance – Buildings and Grounds Services.
Transportation – Pupil Transportation Services.
Informational Services – EMIS and Public Informational Services.
Extra-Curricular Activities – Academic and Subject Oriented, Sports Oriented, and School and Public.
Architect Services – Architect Services.
Transfers, Advances and Refunds of Prior Year
FINDLAY CITY SCHOOL DISTRICT BUDGET 2015 BUDGET Fiscal Year Ending June 30, 2015 Page 5
GENERAL FUND COMPARISON OF EXPENDITURES BY OBJECT
2012/13 2013/14 2014/15 2014/15 2015/16 % of Object Description Actual Actual Actual Budget Budget Change
Salaries Fringes Services Supplies Equipment Other
2011/12 Actual
2012/13 Actual
2013/14 Actual
2014/15 Actual
2015/16 Budget
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 6
GENERAL FUND Instruction
Regular Instruction - 1100
Instructional activities designed primarily to prepare pupils for the activities as citizens, family members, and workers. 2012/13 2013/14 2014/15 2014/15 2015/16
Object Description Actual Actual Actual Budget Budget
(1) H.B. 282 - 3301-61-15 Rule Use of Vocational Education
Additional Weighted Costs Funds
Other Instruction - 1900
Includes instruction not defined previously.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
100 Intervention Internal Block Grant Salaries $ 105,699 $ 88,045 $ 162,428 $ 240,000 $ 265,000 200 Intervention Internal Block Grant Benefits 23,023 19,253 32,243 45,000 46,000 500 Intervention Internal Block Grant Supplies 1,333 21,057 1,112 31,000 25,000 400 Intervention Internal Block Grant Purch Srvcs - 300 8,729 14,000 15,000 471 Tuition - Other Districts Within the State 1,032,306 948,783 877,691 870,000 950,000 474 Tuition - Excess Cost for Special Ed. 441,523 523,398 375,699 300,000 500,000 475 Payments - Special Education w ithin District 111,043 94,148 93,268 120,000 120,000 477 Payments - Open Enrollment Program 2,062,277 2,267,225 2,270,332 2,200,000 2,300,000 478 Payments - Community Schools 1,700,913 1,995,133 1,952,747 1,980,000 1,900,000 479 Payments - Post Secondary Option 62,571 80,820 67,120 65,000 85,000
Total Other Instruction - 1900 $ 5,540,686 $ 6,038,161 $ 5,841,371 $ 5,865,000 $ 6,206,000
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 8
SUPPORT SERVICES - PUPIL
Guidance Services - 2120
Those activities of counseling with pupils and parents, providing consultation with other staff members on learning problems, evaluating the abilities of pupils, assisting pupils to make their own educational and career plans and choices, assisting pupils in personal and social development, providing referral assistance, & working with other staff members in planning & conducting guidance programs for pupils.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
Physical and mental health services which are not direct instruction. Included are activities that provide pupils with appropriate medical, dental, and nursing services.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
Total Health Services - 2130 $ 239,898 $ 232,926 $ 231,565 $ 241,400 $ 246,400
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 9
Psychological Services - 2140 Activities concerned with administering psychological tests and interpreting the results, gathering and interpreting information about pupil behavior, working with other staff members in planning school programs to meet the special needs of pupils as indicated by psychological tests, and behavioral evaluation, planning and managing a program of psychological services, including psychological counseling for pupils, and the staff and parents (when necessary for pupil's benefit).
2012/13 2013/14 2014/15 2014/15 2015/16
Object Description Actual Actual Actual Budget Budget
Total Speech and Hearing Services - 2150 $ 416,576 $ 430,106 $ 477,454 $ 455,200 $ 504,000
Attendance/Substance Abuse/Disability Services - 2170 & 2180 Those activities which have as their purpose the improvement of the attendance of pupils at school and the performance of school social work activities dealing with the problems of pupils which involve the home, school, and community.
TOTAL SUPPORT SERVICES - PUPIL - 2100's $2,111,282 $ 2,275,497 $ 2,391,676 $ 2,423,350 $ 2,457,250
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 10
SUPPORT SERVICES - INSTRUCTIONAL
Instructional Staff Services - 2210 Those activities which are designed primarily for assisting instructional staff in planning, developing, and evaluating the process of providing challenging & learning experiences for pupils. These activities include curriculum development, techniques of instruction, child development & understanding, staff training, etc.
Educational Media Services - 2220 Those activities concerned with the use of all teaching and learning resources, including hardware, and content materials.
Educational media are defined as any devices, content materials, or experiences used for teaching and learning purposes.
These include preprinted and non-printed sensory materials.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 13
Operations and Maintenance - 2700
Those activities concerned with keeping the physical plant open, comfortable, and safe for use and keeping the grounds, buildings & equipment in an effective working condition and state of repair. This includes activities of maintaining safety in buildings, on the grounds, and in the vicinity of schools.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 14
Transportation - 2800
Those activities concerned with the conveyance of individuals to and from school, as provided by state law. It includes trips between home and school, and trips to school activities.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 15
EXTRA CURRICULAR ACTIVITIES
Academic and Subject Oriented - 4100 A combination of subject matter and experiences, usually not provided in a regular class, designed for pupils who wish
to pursue satisfying individual/group interest & study in specific aspects of the subject matter provided in a regular class.
Frequently emphasized are opportunities for pupils which will enrich their regular classroom and personal lives
Included in this category are Academic and Subject Oriented Activities; Language Oriented Activities; M usic Oriented
Activities; and Honor Societies.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
Total Academic and Subject Oriented - 4100 $ 138,104 $ 145,090 $ 97,127 $ 160,600 $ 196,100
Sports-Oriented - 4500 Athletics and sports are activities offered to students on a voluntary basis, that provide opportunities for developing physical and mental fitness in competitive situations. Students are offered opportunities to improve their knowledge, attitudes, and judgments useful to enjoyment, health, and safety, and citizenship. These activities are usually planned for enriching the regular classes and lives of the students.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
School and Public Co-Curricular Activities - 4600 Included here are civic & social oriented activities organized primarily to provide for the participation of pupils in experiences which relate to the the governmental bodies, citizen involvement, & school service.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
Total School and Public Activities - 4600 $ 63,566 $ 66,644 $ 72,433 $ 77,400 $ 85,400
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 16
Architect Services - 5300
The activities of architects & engineers related to acquiring and improving sites & improving buildings. Charges are made to this function only for those preliminary activities which may or may not result in additions to the district's property.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
423 Fee $ 3,332 $ 6,449 $ 8,485 $ 20,000 $ 20,000
Total Site and Architect - 5300 $ 3,332 $ 6,449 $ 8,485 $ 20,000 $ 20,000
Debt Service - 6100
Transactions primarily for the purpose of discharging the school district's commitment for interest and principal on debt.
The debt below is for a 2005 House Bill 264 energy conservation loan. Savings on utility costs from the energy conservation
improvements are used to payoff the debt and interest. 4.297%debt due through Nov 2010 was paid off early in 2008.
2012/13 2013/14 2014/15 2014/15 2015/16 Object Description Actual Actual Actual Budget Budget
814 HB264 Loan Principal through Nov. 2010$ - $ - $ - $ - $ -824 HB264 Loan Interest at 4.297% - - - - -
Total Debt Service - 6100 $ - $ - $ - $ - $ -
Transfers, Advances, and Refund of Prior Year - 7200, 7400 & 7500
Transactions not properly classified as expenditures but still requiring budgetary control.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 20
Statement of Fund Activity (For Fiscal Year Commencing July 1st, 2015)
Schedule 3 Total Ending
Total Estimated Receipts Resources Total Estimated Unencumbered Other Available for Estimated Unencumbered Balance 7/1/15 Taxes Sources Expenditures Expenditures Balance
EXHIBIT I - GENERAL FUND General Fund 12,637,528 25,785,519 32,849,748 71,272,794 60,389,750 $ 10,883,044 TOTAL GENERAL FUND 12,637,528 25,785,519 32,849,748 71,272,794 60,389,750 10,883,044
8.010 Estimated Encumbrances June 30 1,384,392 1,429,194 1,126,517 -9.0% 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 Reservation of Fund Balance
9.010 Textbooks and Instructional Materials 9.020 Capital Improvements 9.030 Budget Reserve 9.070 Bus Purchases 9.080 Subtotal
10.010 Fund Balance June 30 for Certification of Appropriations 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 4,257,070 5,533,228- 17,655,725-Revenue from Replacement/Renewal Levies
11.010 Income Tax - Renewal
11.020 Property Tax - Renewal or Replacement 1,894,296 3,788,591 3,788,591
11.300 Cumulative Balance of Replacement/Renewal Levies 1,894,296 5,682,887 9,471,478 12.010 Fund Balance June 30 for Certification of Contracts,
Salary Schedules and Other Obligations 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 6,151,366 149,659 8,184,247-
Revenue from New Levies 13.010 Income Tax - New 13.020 Property Tax - New
13.030 Cumulative Balance of New Levies 14.010 Revenue from Future State Advancements 15.010 Unreserved Fund Balance June 30 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 6,151,366 149,659 8,184,247-
State Fiscal Stabilization Funds included within lines 3.01 through 3.05 above 21.010 Personnel Services SFSF/Ed Jobs 21.020 Employees Retirement/Insurance Benefits SFSF/Ed Jobs 21.030 Purchased Services SFSF 21.040 Supplies and Materials SFSF 21.050 Capital Outlay SFSF 21.060 Total Expenditures - SFSF/Ed Jobs
RATIOS & ANALYSIS
True Days Cash* NO Renewals= line 10.010 / (line 5.050 / 365 day
True Days Cash* w/RENEWALS=line 15.010 / (line 5.050 / 365 day Target 15.010 balance to equal 40 days cash*
FY2013
67 days 67 days
5,875,689
FY2014
73 days 73 days
6,069,903
FY2015
80 days 80 days
6,320,868
FY2016
69 days 69 days
6,552,786
FY2017
59 days 59 days
6,678,114
FY2018
25 days 36 days
6,864,217
FY2019
-31 days 1 days
7,053,858
FY2020
-97 days -45 days 7,249,898
Amount over (short) of goal of 40 days true cash* 3,969,079 5,013,915 6,316,672 4,802,369 3,198,527 (712,851) (6,904,199) (15,434,145) Salary & Benefit Costs / Total Costs (Target Range <= 80-83%) 74.93% 73.93% 72.77% 71.84% 72.04% 71.77% 71.52% 71.26% Salary & Benefit Costs / Total Rev. (Target Range <= 80-83%) 74.86% 72.25% 71.23% 73.26% 73.83% 76.31% 78.88% 81.53% Salary & Benefit Costs / Total Rev. + Unresrvd Bal (Target<=75%) 63.26% 60.43% 58.65% 61.37% 63.31% 69.09% 78.67% 94.97%
*The Government Finance Officers Association recommends a minimum of 60 days ( see www.gfoa.org/replenishing-general-fund-balance ) See accompanying summary of significant forecast assumptions and accounting policies PRINTED: 9/10/2015 Includes: General fund, Emergency Levy fund, PBA fund, Textbook fund, Fiscal Stabilization fund & any portion of Debt Service fund related to General fund debt FOR BOARD APPROVAL: 9/14/2015
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 22
FINDLAY CITY SCHOOLS FORECAST ASSUMPTIONS – September 14, 2015
REVENUES:
1.010-1.020 Property Tax - Property tax revenues are based on historical growth patterns, including scheduled updates and reappraisals. District voters passed a renewal of a 5.9 mill levy in May 2014 and changed it from a 5-year term to a continuous levy. A countywide update occurred in 2013 on which collections began in calendar year 2014. A full appraisal begins in 2016. The District’s property values are slightly increasing. Any additional tax revenue collections are due to new growth, expired tax abatements and increased delinquency collections.
The District renewed a 4.9 mill operating levy for 5 years on the March 2012 ballot (TY2012-2016) with collections continuing through the end of calendar year 2017.
Effective tax year 2006, the tangible personal property tax began a four-year phase out and reimbursement for the schools was promised as is noted below in line 1.050. Those are now completely phased out and any revenue in this line is due to collections from delinquent accounts.
The tangible personal property tax was replaced by the new commercial activity tax (CAT), which is being phased in over a five-year period. Once fully phased in, the CAT will be a 0.26% tax on any business’ gross receipts in excess of $1 million. Businesses with gross receipts between $150,000 and $1 million will pay a minimum of $150, while businesses with receipts of less than $150,000 will not be subject to the CAT.
Prior to 2004, taxpayers with less than $10,000 in personal property filed a tax return, even though they would not owe any taxes. The state would use the form to reimburse school districts for personal property tax revenues that were not collected based on the filings. The District used to receive 300K for this but now receives $0.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of replacement or renewal levies. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY18). Although new levies may be proposed during this time period, no new levies are anticipated. Revenues from anticipated replacement/renewal levies are on line 11.020.
1.030 Income Tax - The District has no income tax collections.
1.035-1.040 Grants-in-Aid – The HB64 biennial budget projects Findlay’s final core aid to be about 700K more in FY16 than received in FY15; and similarly $1.18 million more in FY17 than FY16. HB64 also adds costs to the district by granting additional revenue to charter and private schools. FY16 formula says FCS should get $22.41 million in basic aid but we are capped at $21.74 million and thus denied 670K in formula funding. The FY15 formula denied FCS $2.62 million due to the cap provision. Per AOS bulletin 2012-08 casino revenue is reflected in line 1.035 (277K in FY14, 275K in FY15, 270K in FY16).
1.045 State Fiscal Stabilization Fund (SFSF) – The 2009 American Reinvestment & Recovery Act included money to be distributed by the State. The State used that money to help fill its gap in formula funding available to school districts. In Findlay’s case it was $1,122,641 in FY10, which when added to other state funding gets us at 99% of the FY09 funding state funding level. This money was tracked in fund #532 and is within this forecast. It replaced funding that was previously provided by the State and was built into the biennial state budget. There were no restrictions on this funding at the local level. The amount for FY11 was $1,400,997. This funding disappeared in FY12 where the Feds & State had hoped that the economy would bounce back by then so that the State could resume past levels of funding, but that did not happen. There was also $906,404 in FY12 which was one-time EdJobs federal funding that was used to retain jobs.
1.050 Property Tax Allocation – These are taxes paid by the State on behalf of taxpayers (aka rollbacks and homestead credits). Property tax allocation revenues are based on historical growth patterns, including scheduled updates and reappraisals. Passage of a 5-year 4.9 mill renewal levy in March 2012 (TY2012-2016) with collection starting calendar year 2013 and ending calendar year 2017 has been built into the projection.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of a replacement or renewal levy. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY18). Although new levies may be proposed during this time period, no new levies are anticipated. Revenues from anticipated replacement/renewal levies are in line 11.020.
Effective tax year 2006, the tangible personal property tax began a four-year phase out. School districts were promised full replacement of this lost tax over the next few years via the school funding formula and direct payments from the State (excluding the inventory taxes that were already scheduled to be eliminated and the first half-mill on bond and emergency levies). In Findlay’s case, the direct payments from the State were to be phased out over six (6) years from 2012 through 2017 with a $1 million reduction each year and are part of line 1.050. That phase out was paused in FY14 and FY15, but the present biennial budget resumed it at 759K per year in beginning with FY16.
1.060 All Other Revenues – FY2016-2020 anticipate lower investment income due to dismal rates and a declining cash balance. However, the biggest concern is to increase our incoming open enrollment from other districts which is part of this line at about $5,900 per student. Similarly, the district needs to decrease outgoing open enrollment which sends about $5,900 per student to other districts and is reflected in line 3.03.
2.010 Proceeds from Sale of Notes - The District does not anticipate any sale of notes.
2.050 Advances-In – Revenues received by a fund as a result of a transfer or advance from another fund in anticipation of future revenue. These are monies that were advanced out in previous year(s) and returned back to general fund. Line 2.050 should match the previous year’s line 5.020.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 23
EXPENDITURES:
3.010 Personnel Services – The amounts for salaries and benefits are based on existing negotiated agreements. No base salary increases have been assumed for fiscal years beyond FY15. Personnel services are projected at 1.2% increases for FY16 and each year beyond to cover experience and education changes. For FY14 there was a 2.25% increase on the base followed by a 1.5% increase in FY15. FY16 includes a 1% raise for OAPSE agreements and 1.5% for teacher and non-union base increases. FY07 went down 30-35 certified positions from FY2006 and 12-15 classified positions through a combination of non-renewals, reductions-in-force (RIF’s) and attrition. FY09 reflects a gain of 6 teaching positions primarily due to the implementation of all day every day kindergarten throughout the district. FY10 includes reductions of 13 positions through a combination of attrition and RIFs, while FY11 includes reductions of 14.5 positions through attrition and 0.5 through RIF. FY12 reflects nearly 40 fewer positions (20.6 instructional, 6.5 administrative/central office, and 12.5 classified). Some were possible as a result of the middle school transition while many others were necessary due to declining enrollment. FY13 reflects 2 more transitional reductions along with 6 other reductions, while FY14 completes the personnel reductions from the new buildings with 8 fewer positions. It is the district’s goal to continue to reduce positions if it makes sense in certain situations such as declining enrollment or lack of interest in a particular course. FY16 reflects a net increase of 9 new certified positions to reduce class size while also dealing with increasing elementary enrollment.
3.020 Employees’ Retirement/Insurance Benefits – FY16 is based on July 2015 total renewal quote of $6.3 million from Anthem, and 10.0%, 9.5%, 9.0%, and 8.5% increases respectively in the next four years. There is also 523K assumed for Dental/Vision costs and 17K for life insurance. Line 3.020 also includes approximately $178,000 for professional dues reimbursements, $67,000 for tuition reimbursements, and $90,000 for STRS/SERS 14% contributions for Renhill employees. The remaining benefits (e.g. retirement, Medicare, workers compensation, and unemployment) in line 3.020 are based on 16% of salaries in line 3.010. Line 3.020 also reflects a larger employee share of 20% in mid-FY12 which will be recovered by higher employee premiums and/or higher deductibles depending on which plan the employee chooses. Starting in FY12 spouses were required to move off of the FCS plan if their employer provided affordable coverage.
3.030-3.040 Purchased Service and Supplies and Materials – Purchased services, which include contracted substitutes, utilities, repairs, leases, and tuition payments, are forecast to increase by an overall 5% per year in FY16 through FY19. FY15 and FY16 show larger increases due to HB264 energy efficiency purchases via Plug Smart. Savings from expiring freshman wing lease began in FY15. Supplies are forecast to remain the same.
3.050 Capital Outlay – FY16 and beyond presumes fewer general fund district projects than in the past.
4.020 Principal Notes – The District had one remaining interest free asbestos loan from the United States Environmental Protection Agency. Tax revenues posted in the Debt Service Fund cover the scheduled loan payments. The remaining requirement to amortize asbestos loan debt outstanding as of 6/30/12 was $30,698 in 2013 which is now completely paid.
4.300 Other Objects – This line is based on historical patterns and county auditor fees, which increase as collections increase.
5.010 Operating Transfer-Out –$75,000 per year has been transferred to fund 432 to cover EMIS costs (extra 50K in FY12 due to severance for retiring EMIS person). That will grow to $80,000 in FY15. Another $10,000 is budgeted for miscellaneous transfers.
5.020 Advances-Out – Advances are transactions, which withdraw money from one fund to another, in anticipation of future revenue. At most, for the fiscal years 2016-2020, the District anticipates a need to annually advance funds to the Food Service Fund, 006-9060, in the amount of $50,000; the Permanent Improvement fund, 003-9030, in the amount of $90,000 and to miscellaneous state and federal funds in the amount of $150,000 to cover cash flow needs. 15K was advanced to fund 506 in FY15 and returned in FY16.
RESERVATION OF FUND BALANCE: 9.010 Textbooks and Instructional Materials – The District meets the annual spending requirement for SB345 set-asides. If the District spends monies in the textbook and instructional material set-aside in excess of the required amount for that year, the Board may deduct the excess amount of money from the required deposit in future fiscal years. This requirement was repealed by HB 30 in 2011.
9.020 Capital Improvements - The district budget meets the annual spending requirement for SB345 set-asides. If the District spends monies in the Capital Improvements set-aside in excess of the required amount for that year, the Board may NOT deduct the excess amount of money from the required deposit in future fiscal years.
9.070 Bus Purchases - The District annually spends the allocations provided in these funds. While such subsidies used to be received every year, they stopped a few years ago, and there is no expectation that such subsidies will be received in the future based on the current state budget.
11.020 Property Tax Renewal – The District will ask the voters to renew or replace a 5-year 4.9 mill levy that previously passed in March 2012 (TY2012-2016) with collection starting calendar year 2013 and ending calendar year 2017. It will need voter approval by the end of calendar year 2017.
FLOOD NOTES: Hancock County sustained major flood damage from large rainfalls at the end of August 2007. The Findlay City Schools had 8 properties that were affected: Central, Washington, Lincoln, Wilson Vance, Northview, and Findlay High School, as well as the Transportation garage and offices, and the softball shed at FHS. Repair and restoration and mitigation exceeded $3.5 million. The bulk of the damage (over $3.3 million) occurred at Central Middle School where the district’s central offices and records were located in the basement. On August 27, 2007, the Board appropriated $1.8 million for immediate needs to help clean up and replace what was damaged in the flood. The District qualified for public assistance from FEMA. FEMA covered 75% of the costs, while the State covered about 12.5% and the District covered the remainder.
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 24
County Auditor Budget
(General, Permanent Improvement, Library, Other)
Schedule 1
I II III IV V VI VII VIII
Authorized Number Tax Collection
By Voters Levy Of Years Year Year Maximum
Fund Purpose On Type Levy Begins/ Begins/ Rate
MM/DD/YY To Run Ends Ends Authorized
General Fund Operations Inside Indefinite 5.3
General Fund Operations 1976/prior Operating Indefinite 28.10
General Fund Operations 6/3/1980 Operating Indefinite 4.40
General Fund Operations 2/4/1986 Operating Indefinite 4.75
General Fund Operations 5/4/1993 Operating Indefinite 4.90
General Fund Operations 5/6/2014 Operating Indefinite 5.90
General Fund Operations 3/6/2012 Replacement 5 Years 2012-2016 2013-2017 4.90
- ii ,, ,, ii ,, ,, - ii ,, ,, ii ,, ,, ii ,, ,, ii ,, ,, ii ~ ~ J
FINDLAY CITY SCHOOL DISTRICT BUDGET 2016 BUDGET Fiscal Year Ending June 30, 2016 Page 25
SB345 SET-ASIDES
Actual Actual Actual Actual Actual Estimate Estimate SB 345 (Effective 7/1/2001) FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Formula 3% of Formula - Base cost per pupil Student population to be determined by ODE
Spending Requirements
Instructional Materials (OASBO List) Set-aside Cash Balance of July 1, XXXX Plus: Spending Requirements Minus: Actual Expenditures/Budgeted Estimate
$ (6,197,850) 1,038,662 2,414,707 True Days Cash is the concept that ca
of cash available at the end
$ (7,573,894) True Days 859,267
1,707,639 lculates ho
HB 30 repealed Cash RatiHB 30 repealed
HB 30 repealed w many da
HB 30 repealed o
HB 30 repealed
HB 30 repealed ys the Distr
HB 30 repealed
HB 30 repealed
HB 30 repealed ict can ope
HB 30 repealed
HB 30 repealed
HB 30 repealed rate with th
HB 30 repealed
HB 30 repealed
HB 30 repealed e amount $ (7,573,894) of the year $ (8,422,267) . The calcu HB 30 repealed lation takes HB 30 repealed the availabHB 30 repealed le cash ba HB 30 repealed lance at th HB 30 repeale end of ed
the year and divides it by the year's average daily operating expense as outlined below: Capital Improvements (003 Funds not used above) Set-aside Cash Balance of July 1, XXXX
True Days Cash Ratio* Plus: Spending Requirements Minus: Actual Expenditures/Budgeted Estimate
Set-aside Cash Balance of June 30, XXXX
$ -1,038,662 2,231,182
$ -= 859,267
Tot1,384,074
Unencumbered Bala$ -----------------957,138 al Expend
FY16 PERMANENT APPROPRIATION RESOLUTION Findlay City Schools Board of Education
Rev.Code Sec. 5705.38
The Board of Education of the Findlay City School District, Hancock County, Ohio, met in regular session on the 14th day of September 2015, at the Millstream Career Center on Broad Avenue with the following members present:
�Mrs. Dysinger �Mrs. Lockard �Mr. Pochard Mrs. Robertson Dr. Siebenaler Wilson
Mr(s).__________________ moved the adoption of the following Resolution:
BE IT RESOLVED by the Board of Education of the Findlay City School District, Hancock County, Ohio, that to provide for the current expenses and other expenditures of said Board of Education, during the fiscal year, ending June 30th, 2016, the following sums be and the same are hereby set aside and appropriated for the several purposes for which expenditures are to be made and during said fiscal year, as follows,
FY2016 FINDLAY CITY SCHOOLS PERMANENT APPRORIATIONS September 14, 2015
001 GENERAL 1100 REGULAR INSTRUCTION 23,394,000.00 1200 SPECIAL INSTRUCTION 6,196,700.00 1300 VOCATIONAL INSTRUCTION 2,698,000.00 1900 OTHER INSTRUCTION 6,206,000.00 2100 SUPPORT SERVICES - PUPILS 2,457,250.00 2200 SUPP SERV- INSTRUCTIONAL STAFF 1,909,100.00 2300 SUPPORT SERV.-BD. OF EDUCATION 174,000.00 2400 SUPPORT SERV- ADMINISTRATIVE 4,065,750.00 2500 FISCAL SERVICES 1,364,250.00 2700 OPERATION & MAINT OF PLANT SER 8,005,300.00 2800 SUPPORT SERV - PUPIL TRANSPOR. 2,343,500.00 2900 SUPPORT SERVICES - CENTRAL 169,000.00 4100 ACADEMIC & SUBJECT ORIENTED 196,100.00 4500 SPORT ORIENTED ACTIVITIES 690,900.00 4600 SCHL & PUBLIC SERV CO-CURRIC. 85,400.00 5300 ARCHITECT SERVICES 20,000.00 6100 REPAYMENT OF DEBT -7200 TRANSFERS 100,000.00 7400 ADVANCES OUT 290,000.00 7500 REFUND OF PRIOR YEARS RECEIPTS 24,500.00 Total for 001 GENERAL 60,389,750.00
002 BOND RETIREMENT 4,011,150.00 003 PERMANENT IMPROVEMENT 2,510,521.00 004 2010 BOND PROCEEDS FOR LOCAL SHARE & LFI'S OF OSFC PROJECT 1,500,000.00 006 FOOD SERVICE 2,000,000.00 007 SPECIAL TRUST (Special Revenue) 400,000.00 007 SPECIAL TRUST (Private Purpose) 45,000.00 008 ENDOWMENT 30,000.00 009 UNIFORM SCHOOL SUPPLIES 350,000.00 010 OSFC APPROVED PROJECT (W/O LFI'S) $57,532,766) 500,000.00 011 ROTARY-SPECIAL SERVICES 70,000.00 014 ROTARY-INTERNAL SERVICES 857,000.00 018 PUBLIC SCHOOL SUPPORT 120,000.00 019 OTHER GRANT 383,000.00 020 SPECIAL ENTERPRISE FUND 160,000.00 022 OHSAA TOURNAMENT AGENCY FUNDS 198,000.00 024 EMPLOYEE BENEFITS SELF INS. 7,600,000.00 034 MANDATED MAINTENANCE FUND FOR OSFC PROJECT 399,000.00 200 STUDENT MANAGED ACTIVITY 200,000.00 300 DISTRICT MANAGED ACTIVITY 600,000.00
401 AUXILIARY SERVICES 399,000.00 416 RPDC TEACHER DEVELOPMENT -432 MANAGEMENT INFORMATION SYSTEM 84,324.02 440 ENTRY YEAR PROGRAMS -450 SCHOOLNET EQUIPMENT -451 DATA COMMUNICATION FUND 30,000.00 452 SCHOOLNET PROFESS. DEVELOPMENT 1,000.00 459 OHIO READS 1,000.00 461 VOCATIONAL EDUC. ENHANCEMENTS -494 POVERTY AID -499 MISCELLANEOUS STATE GRANT FUND 99,000.00 504 EDUCATION JOBS FUND -506 RACE TO THE TOP FUND 23,300.00 516 IDEA PART B GRANTS 1,500,000.00 524 VOC ED: CARL D. PERKINS - 1984 239,000.00 532 EDUCATION STABILIZATION FUND -533 TITLE II-D TECH 1,000.00 536 TITLE I SCHL IMPROVEMENT SUBSIDY A -537 TITLE I SCHL IMPROVEMENT SUBSIDY G -551 LIMITED ENGLISH PROFICIENCY 25,000.00 572 TITLE I DISADVANTAGED CHILDREN 1,499,000.00 573 TITLE V INNOVATIVE EDUC PGM -584 DRUG FREE SCHOOL GRANT FUND -587 IDEA PRESCHOOL-HANDICAPPED 21,000.00 588 TELECOMM. ACT GRANT (E-RATE) -590 IMPROVING TEACHER QUALITY 250,000.00
599 MISCELLANEOUS FED. GRANT FUND 29,000.00 Grand Total All Funds 86,525,045.02
Mr(s).__________________ seconded the Resolution and the roll being called upon its adoption, the vote resulted as follows: Vote: Mrs. Dysinger, Mrs. Lockard Mr. Pochard Mrs. Robertson, Dr. Siebenaler Wilson,
CERTIFICATE (O.R.C. 5705.412) IT IS HEREBY CERTIFIED that the Findlay City School District has sufficient funds to meet the contract, obligation, payment, or expenditure for the above, and has in effect for the remainder of the fiscal year and the succeeding fiscal year the authorization to levy taxes which, when combined with the estimated revenue from all other sources available to the district at the time of certification, are sufficient to provide operating revenues necessary to enable the district to maintain all personnel, programs, and services essential to the provision of an adequate educational program on all the days set forth in its adopted school calendar for the current fiscal year and for a number of days in the succeeding fiscal year equal to the number of days instruction was held or is scheduled for the current fiscal year, except that if the above expenditure is for a contract, this certification shall cover the term of the contract or the current fiscal year plus the two immediately succeeding fiscal years, whichever period of years is greater.
DATED: ____________________________
BY: ___________________________________ Treasurer
BY: ___________________________________ Superintendent of Schools
BY: ___________________________________ President, Board of Education
Five Year Forecast for Fiscal Years 2013 through 2020
Actual Forecasted Fiscal Year Fiscal Year Fiscal Year Average Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year 2013 2014 2015 Change 2016 2017 2018 2019 2020
Other Financing Uses5.010 Operating Transfers-Out 75,000 75,000 80,872 3.9% 90,000 90,000 90,000 90,000 90,0005.020 Advances-Out 15,000 0.0% 225,000 225,000 225,000 225,000 225,0005.030 All Other Financing Uses 22,563 2,500 2,500 2,500 2,500 2,5005.040 Total Other Financing Uses 97,563 75,000 95,872 2.4% 317,500 317,500 317,500 317,500 317,5005.050 Total Expenditures and Other Financing Uses 53,615,665 55,387,866 57,677,924 3.7% 59,794,169 60,937,787 62,635,980 64,366,451 66,155,3196.010 Excess of Revenues and Other Financing Sources over
(under) Expenditures and Other Financing Uses 52,956 1,283,852 1,251,045 1163.5% 1,158,902- 1,478,514- 5,619,570- 9,790,298- 12,122,497-7.010 Cash Balance July 1 - Excluding Proposed
Renewal/Replacement and New Levies 11,176,204 11,229,160 12,513,012 6.0% 13,764,057 12,605,155 11,126,640 5,507,070 4,283,228-7.020 Cash Balance June 30 11,229,160 12,513,012 13,764,057 10.7% 12,605,155 11,126,640 5,507,070 4,283,228- 16,405,725-
8.010 Estimated Encumbrances June 30 1,384,392 1,429,194 1,126,517 -9.0% 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000Reservation of Fund Balance
9.010 Textbooks and Instructional Materials9.020 Capital Improvements9.030 Budget Reserve9.070 Bus Purchases9.080 Subtotal
10.010 Fund Balance June 30 for Certification of Appropriations 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 4,257,070 5,533,228- 17,655,725-Revenue from Replacement/Renewal Levies
11.010 Income Tax - Renewal11.020 Property Tax - Renewal or Replacement 1,894,296 3,788,591 3,788,591
11.300 Cumulative Balance of Replacement/Renewal Levies 1,894,296 5,682,887 9,471,47812.010 Fund Balance June 30 for Certification of Contracts,
Salary Schedules and Other Obligations 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 6,151,366 149,659 8,184,247-
Revenue from New Levies13.010 Income Tax - New13.020 Property Tax - New13.030 Cumulative Balance of New Levies14.010 Revenue from Future State Advancements15.010 Unreserved Fund Balance June 30 9,844,768 11,083,818 12,637,540 13.3% 11,355,155 9,876,640 6,151,366 149,659 8,184,247-
State Fiscal Stabilization Funds included within lines 3.01 through 3.05 above21.010 Personnel Services SFSF/Ed Jobs21.020 Employees Retirement/Insurance Benefits SFSF/Ed Jobs21.030 Purchased Services SFSF21.040 Supplies and Materials SFSF21.050 Capital Outlay SFSF21.060 Total Expenditures - SFSF/Ed Jobs
RATIOS & ANALYSIS FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020True Days Cash* NO Renewals= line 10.010 / (line 5.050 / 365 days) 67 days 73 days 80 days 69 days 59 days 25 days -31 days -97 daysTrue Days Cash* w/RENEWALS=line 15.010 / (line 5.050 / 365 days) 67 days 73 days 80 days 69 days 59 days 36 days 1 days -45 daysTarget 15.010 balance to equal 40 days cash* 5,875,689 6,069,903 6,320,868 6,552,786 6,678,114 6,864,217 7,053,858 7,249,898Amount over (short) of goal of 40 days true cash* 3,969,079 5,013,915 6,316,672 4,802,369 3,198,527 (712,851) (6,904,199) (15,434,145)Salary & Benefit Costs / Total Costs (Target Range <= 80-83%) 74.93% 73.93% 72.77% 71.84% 72.04% 71.77% 71.52% 71.26%Salary & Benefit Costs / Total Rev. (Target Range <= 80-83%) 74.86% 72.25% 71.23% 73.26% 73.83% 76.31% 78.88% 81.53%Salary & Benefit Costs / Total Rev. + Unresrvd Bal (Target<=75%) 63.26% 60.43% 58.65% 61.37% 63.31% 69.09% 78.67% 94.97% *The Government Finance Officers Association recommends a minimum of 60 days ( see www.gfoa.org/replenishing-general-fund-balance )
PRINTED: 9/10/2015FOR BOARD APPROVAL: 9/14/2015
See accompanying summary of significant forecast assumptions and accounting policiesIncludes: General fund, Emergency Levy fund, PBA fund, Textbook fund, Fiscal Stabilization fund & any portion of Debt Service fund related to General fund debt
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Exhibit H
FINDLAY CITY SCHOOLS FORECAST ASSUMPTIONS – September 14, 2015
REVENUES:
1.010-1.020 Property Tax - Property tax revenues are based on historical growth patterns, including scheduled updates and reappraisals. District voters passed a renewal of a 5.9 mill levy in May 2014 and changed it from a 5-year term to a continuous levy. A countywide update occurred in 2013 on which collections began in calendar year 2014. A full appraisal begins in 2016. The District’s property values are slightly increasing. Any additional tax revenue collections are due to new growth, expired tax abatements and increased delinquency collections.
The District renewed a 4.9 mill operating levy for 5 years on the March 2012 ballot (TY2012-2016) with collections continuing through the end of calendar year 2017.
Effective tax year 2006, the tangible personal property tax began a four-year phase out and reimbursement for the schools was promised as is noted below in line 1.050. Those are now completely phased out and any revenue in this line is due to collections from delinquent accounts.
The tangible personal property tax was replaced by the new commercial activity tax (CAT), which is being phased in over a five-year period. Once fully phased in, the CAT will be a 0.26% tax on any business’ gross receipts in excess of $1 million. Businesses with gross receipts between $150,000 and $1 million will pay a minimum of $150, while businesses with receipts of less than $150,000 will not be subject to the CAT.
Prior to 2004, taxpayers with less than $10,000 in personal property filed a tax return, even though they would not owe any taxes. The state would use the form to reimburse school districts for personal property tax revenues that were not collected based on the filings. The District used to receive 300K for this but now receives $0.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of replacement or renewal levies. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY18). Although new levies may be proposed during this time period, no new levies are anticipated. Revenues from anticipated replacement/renewal levies are on line 11.020.
1.030 Income Tax - The District has no income tax collections.
1.035-1.040 Grants-in-Aid – The HB64 biennial budget projects Findlay’s final core aid to be about 700K more in FY16 than received in FY15; and similarly $1.18 million more in FY17 than FY16. HB64 also adds costs to the district by granting additional revenue to charter and private schools. FY16 formula says FCS should get $22.41 million in basic aid but we are capped at $21.74 million and thus denied 670K in formula funding. The FY15 formula denied FCS $2.62 million due to the cap provision. Per AOS bulletin 2012-08 casino revenue is reflected in line 1.035 (277K in FY14, 275K in FY15, 270K in FY16).
1.045 State Fiscal Stabilization Fund (SFSF) – The 2009 American Reinvestment & Recovery Act included money to be distributed by the State. The State used that money to help fill its gap in
formula funding available to school districts. In Findlay’s case it was $1,122,641 in FY10, which when added to other state funding gets us at 99% of the FY09 funding state funding level. This money was tracked in fund #532 and is within this forecast. It replaced funding that was previously provided by the State and was built into the biennial state budget. There were no restrictions on this funding at the local level. The amount for FY11 was $1,400,997. This funding disappeared in FY12 where the Feds & State had hoped that the economy would bounce back by then so that the State could resume past levels of funding, but that did not happen. There was also $906,404 in FY12 which was one-time EdJobs federal funding that was used to retain jobs.
1.050 Property Tax Allocation – These are taxes paid by the State on behalf of taxpayers (aka rollbacks and homestead credits). Property tax allocation revenues are based on historical growth patterns, including scheduled updates and reappraisals. Passage of a 5-year 4.9 mill renewal levy in March 2012 (TY2012-2016) with collection starting calendar year 2013 and ending calendar year 2017 has been built into the projection.
The amounts in 1.010 and 1.020 do not anticipate the automatic passage of a replacement or renewal levy. That means that when a levy is scheduled to expire, the estimated property tax revenue has a corresponding decline (e.g. FY18). Although new levies may be proposed during this time period, no new levies are anticipated. Revenues from anticipated replacement/renewal levies are in line 11.020.
Effective tax year 2006, the tangible personal property tax began a four-year phase out. School districts were promised full replacement of this lost tax over the next few years via the school funding formula and direct payments from the State (excluding the inventory taxes that were already scheduled to be eliminated and the first half-mill on bond and emergency levies). In Findlay’s case, the direct payments from the State were to be phased out over six (6) years from 2012 through 2017 with a $1 million reduction each year and are part of line 1.050. That phase out was paused in FY14 and FY15, but the present biennial budget resumed it at 759K per year in beginning with FY16.
1.060 All Other Revenues – FY2016-2020 anticipate lower investment income due to dismal rates and a declining cash balance. However, the biggest concern is to increase our incoming open enrollment from other districts which is part of this line at about $5,900 per student. Similarly, the district needs to decrease outgoing open enrollment which sends about $5,900 per student to other districts and is reflected in line 3.03.
2.010 Proceeds from Sale of Notes - The District does not anticipate any sale of notes.
2.050 Advances-In – Revenues received by a fund as a result of a transfer or advance from another fund in anticipation of future revenue. These are monies that were advanced out in previous year(s) and returned back to general fund. Line 2.050 should match the previous year’s line 5.020.
EXPENDITURES:
3.010 Personnel Services – The amounts for salaries and benefits are based on existing negotiated agreements. No base salary increases have been assumed for fiscal years beyond FY15. Personnel services are projected at 1.2% increases for FY16 and each year beyond to cover experience and education changes. For FY14 there was a 2.25% increase on the base followed by a 1.5% increase in FY15. FY16 includes a 1% raise for OAPSE agreements and 1.5% for teacher and non-union base increases. FY07 went down 30-35 certified positions from FY2006 and 12-15 classified positions through a combination of non-renewals, reductions-in-force (RIF’s) and attrition. FY09 reflects a gain of 6 teaching positions primarily due to the implementation of all day every day kindergarten throughout the district. FY10 includes reductions of 13 positions through a combination of attrition and RIFs, while FY11 includes reductions of 14.5 positions through attrition and 0.5 through RIF. FY12 reflects nearly 40 fewer positions (20.6 instructional, 6.5 administrative/central office, and 12.5 classified). Some were possible as a result of the middle school transition while many others were necessary due to declining enrollment. FY13 reflects 2 more transitional reductions along with 6 other reductions, while FY14 completes the personnel reductions from the new buildings with 8 fewer positions. It is the district’s goal to continue to reduce positions if it makes sense in certain situations such as declining enrollment or lack of interest in a particular course. FY16 reflects a net increase of 9 new certified positions to reduce class size while also dealing with increasing elementary enrollment.
3.020 Employees’ Retirement/Insurance Benefits – FY16 is based on July 2015 total renewal quote of $6.3 million from Anthem, and 10.0%, 9.5%, 9.0%, and 8.5% increases respectively in the next four years. There is also 523K assumed for Dental/Vision costs and 17K for life insurance. Line 3.020 also includes approximately $178,000 for professional dues reimbursements, $67,000 for tuition reimbursements, and $90,000 for STRS/SERS 14% contributions for Renhill employees. The remaining benefits (e.g. retirement, Medicare, workers compensation, and unemployment) in line 3.020 are based on 16% of salaries in line 3.010. Line 3.020 also reflects a larger employee share of 20% in mid-FY12 which will be recovered by higher employee premiums and/or higher deductibles depending on which plan the employee chooses. Starting in FY12 spouses were required to move off of the FCS plan if their employer provided affordable coverage.
3.030-3.040 Purchased Service and Supplies and Materials – Purchased services, which include contracted substitutes, utilities, repairs, leases, and tuition payments, are forecast to increase by an overall 5% per year in FY16 through FY19. FY15 and FY16 show larger increases due to HB264 energy efficiency purchases via Plug Smart. Savings from expiring freshman wing lease began in FY15. Supplies are forecast to remain the same.
3.050 Capital Outlay – FY16 and beyond presumes fewer general fund district projects than in the past.
4.020 Principal Notes – The District had one remaining interest free asbestos loan from the United States Environmental Protection Agency. Tax revenues posted in the Debt Service Fund cover the scheduled loan payments. The remaining requirement to amortize asbestos loan debt outstanding as of 6/30/12 was $30,698 in 2013 which is now completely paid.
4.300 Other Objects – This line is based on historical patterns and county auditor fees, which increase as collections increase.
5.010 Operating Transfer-Out –$75,000 per year has been transferred to fund 432 to cover EMIS costs (extra 50K in FY12 due to severance for retiring EMIS person). That will grow to $80,000 in FY15. Another $10,000 is budgeted for miscellaneous transfers.
5.020 Advances-Out – Advances are transactions, which withdraw money from one fund to another, in anticipation of future revenue. At most, for the fiscal years 2016-2020, the District anticipates a need to annually advance funds to the Food Service Fund, 006-9060, in the amount of $50,000; the Permanent Improvement fund, 003-9030, in the amount of $90,000 and to miscellaneous state and federal funds in the amount of $150,000 to cover cash flow needs. 15K was advanced to fund 506 in FY15 and returned in FY16.
RESERVATION OF FUND BALANCE: 9.010 Textbooks and Instructional Materials – The District meets the annual spending requirement for SB345 set-asides. If the District spends monies in the textbook and instructional material set-aside in excess of the required amount for that year, the Board may deduct the excess amount of money from the required deposit in future fiscal years. This requirement was repealed by HB 30 in 2011.
9.020 Capital Improvements - The district budget meets the annual spending requirement for SB345 set-asides. If the District spends monies in the Capital Improvements set-aside in excess of the required amount for that year, the Board may NOT deduct the excess amount of money from the required deposit in future fiscal years.
9.070 Bus Purchases - The District annually spends the allocations provided in these funds. While such subsidies used to be received every year, they stopped a few years ago, and there is no expectation that such subsidies will be received in the future based on the current state budget.
11.020 Property Tax Renewal – The District will ask the voters to renew or replace a 5-year 4.9 mill levy that previously passed in March 2012 (TY2012-2016) with collection starting calendar year 2013 and ending calendar year 2017. It will need voter approval by the end of calendar year 2017.
FLOOD NOTES: Hancock County sustained major flood damage from large rainfalls at the end of August 2007. The Findlay City Schools had 8 properties that were affected: Central, Washington, Lincoln, Wilson Vance, Northview, and Findlay High School, as well as the Transportation garage and offices, and the softball shed at FHS. Repair and restoration and mitigation exceeded $3.5 million. The bulk of the damage (over $3.3 million) occurred at Central Middle School where the district’s central offices and records were located in the basement. On August 27, 2007, the Board appropriated $1.8 million for immediate needs to help clean up and replace what was damaged in the flood. The District qualified for public assistance from FEMA. FEMA covered 75% of the costs, while the State covered about 12.5% and the District covered the remainder.
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College Readiness Letter for:
August 26, 2015
SUPERINTENDENT Code: 367524
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This report reflects the achievement of your graduates on the ACT over time and an indication of the extent to which they are prepared for college-level work. The ACT consists of curriculum -based tests of educational development in English, mathematics, reading, and science designed to measure the skills needed for success in first-year college coursework. Table 1 shows the five-year trend of your ACT-tested graduates . Beginning with the 2013 Graduating Class, all stude nts whose scores are college reportable, both standard and extended time tests , are included in this report.
Table 1: Five Year Trends - Average ACT Scores
GradYear District State District State District State District State District State District State 2011 277 92,313 22 .5 21.1 22.7 21.5 23.4 22.1 23.5 21.8 23.2 21.8 2012 285 92,121 22.9 21.1 23.6 21.5 24.0 22.1 23.6 21.8 23 .7 21.8 2013 272 92,813 21.9 21.2 23.5 21.5 23 .2 22.2 23 .0 21.8 23.1 21.8 2014 246 91,089 22.8 21.4 23.8 21 .7 23.7 22.4 23.4 22.0 23.6 22.0 2015 264 91 607 22.3 21.4 23.2 21.7 23.3 22.5 23.0 22.1 23.0 22.0
Figure 1. Percent of ACT-Tested Students Ready for College-Level Coursework
77% 71%
I 59%
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61% 54% 51% 45%
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Are Your Students Ready for College?
Through collaborative research with postsecondary institutions nationwide , ACT has established the following as college readiness benchmark scores for designated college courses .
A benchmark score is the minimum score needed on an ACT subject-area test to indicate a 50% chance of obtaining a B or higher or about a 75% chance of obtaining a C or higher in the corresponding credit-bearing college courses .
* English Composition : 18 on ACT English Test * College Algebra : 22 on ACT Mathematics Test * Social Science : 22 on ACT Reading Test • Biology : 23 on ACT Science Test
Your District State
A High School College Read iness Letter has been sent to the Principal of each high school with at least one ACT-tested graduate .
ACT Research has shown that it is the rigor of coursework - rather than simply the number of core courses - that has the greatest impact on ACT performance and college readiness . Figures 2 and 3 report the value added by increasingly rigorous coursework in mathematics and science respectively .
Figure 2. Average ACT Mathematics Scores by Course Sequence
Alg 1/2, Geo, Alg 1/2, Geo, Alg 1/2, Geo, Alg 1/2, Geo Less than 3 Trig, Cale Trig, Other Trig years
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Value Added by Mathematics Courses Students who take Algebra 1, Algebra 2, and Geometry typically achieve higher ACT Mathematics scores than students who take less than three years of mathematics . In addition , students who take more advanced mathematics courses substantially increase their ACT Mathematics score .
• Your District State
Figure 3. Average ACT Science Scores by Course Sequence
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Gen Sci, Bio, Chem, Bio, Chem, Phys Gen Sci, Bio, Chem Less than 3 years Phys
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Value Added by Science Courses Students taking Biology and Chemistry in combination with Physics typically achieve higher ACT Science scores than students taking less than three years of science courses .
Your District State
In order to ensure that all students are ready for college, an overview of vital action steps is provided.
College Readiness for All: An Action Plan for Schools and Districts
1. Create a Common Focus. Establish collaborative partnerships with local and state postsecondary institutions to come to a shared understanding of what students need to know for college readiness. Use ACT's College Readiness Benchmarks as a common language to define readiness.
2. Establish High Expectations for All. Create a school culture that identifies and communicates the need for all students to meet or exceed College Readiness Benchmark Scores.
3. Require a Rigorous Curriculum . Review and evaluate the rigor and alignment of courses offered and required in your school in English, mathematics , and science to ensure that the foundational skills leading to readiness for college-level work are taught , reaffirmed, and articulated across courses.
4. Provide Student Counseling . Engage all students in early college and career awareness, help them to set high aspirations, and ensure that they plan a rigorous high school coursework program .
5. Measure and Evaluate Progress. Monitor and measure every student's progress early and often using college readiness assessments like ACT Aspire and the ACT. Make timely interventions with those students who are not making adequate progress in meeting College Readiness Benchmarks.
To learn more about these recommended action steps and ACT programs that will help improve college readiness for your students, contact ACT Customer Service at 319-337-1309 or [email protected].
