Financial Readiness for Leaders Prepared by: Public Finance Resources, Inc. In today s era of uncertainty, the data contained in this report will provide you with the tools and training needed to maximize your leadership impact and strategies.
Table of Contents District Financial Report Card... A Five Year Forecast... B Per Pupil Expenditure Analysis... C New Equivalent per Pupil Methodology... D Student Supplement... E Census Data and Head Count Enrollment Analysis... F Teacher Staff Supplement... G Administrative Staff Supplement... H FTE Worksheet Supplement... I Fringe Benefits Supplement... J Building Operations Supplement... K Transportation Efficiency Supplement... L Food Service Supplement... M Resident Income Supplement... N Revenue Supplement... O Local Property Tax Supplement... P Property Tax Abstracts Supplement... Q Tax Rates by Levy Supplement... R Daily Cost and Local Share Supplement... S Contact Information and Bios... T
District School Budget Report Card Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
School Budget Report Card Your School District Balanced Budget Analysis, Financial Forecast as of October 2014 Do Projected Revenues Exceed Expenditures? FY 2017 General Fund, Advances, + Renewal Levy Amounts 1. No, less by: 2.84% Your FY 2017 Cash Balance Increases $1,038,616 No Millage Shortfall 0.00 District financial stability improves when expenditures are in balance with revenue. Look forward two years to reveal the balanced budget trend. Note: Analysis excludes advances in and out, includes renewal Are Cash Reserves Adequate as a Percent of Budget? FY 2017 General Fund Line 7.02 Cash Balance w/ Levy Renewals For cash stability trend compare the rate of shortfall 2. % of Budget 36.36% or surplus with the cash balance. Budget $35,511,695 F.Y. 2017 Surplus $1,038,616 Cash Reserves $12,912,144 No Renewal Levies through FY 2017 F.Y. 2018 Shortfall ($732,379) Expenditure Analysis How Do Expenditures Compare to Similar Districts? $9,701 3. More, % of Avg. 105.47% 5 Most Similar District Average $9,198 2014 Per Pupil Expenditures All Funds How Have Expenditures Changed? Per Pupil All Funds FY 2009 FY 2014 4. Average Annual % 2.31% Consumer Price Index '09 '14 1.97% Comparable district expenditures can provide a benchmark on cost, especially when compared to another benchmarks such as Consumer Price Index (CPI). Student enrollment trends are an indicator of staffing needs. If staffing levels change disproportionate of enrollment, then services can suffer, or budgets can be busted. How Does Your Certified Staffing Compare? FY 2014 Certified Staffing Levels 18.60 District Data 2010 2014 Change 5. Staffing Less by 7.01% EFM (Head Cnt) Enrollment 3,500.0 3,399.7 2.9% Students Per Certified Position (FTE) 230 Code Reg Teacher (FTE) 201.6 182.8 9.3% Similar District Average: 17.3 Students / Regular Teacher 17.4 18.6 Does Your District have Capital Funds Available? Capital $ As % of General Fund Budget FY 2014 Average Annual: FY 2014 Gen Fund Capital Exp (3Yr Avg.) $0 6. % of Budget 5 Most Similar District Average 2.79% 3.49% PI Levy Average Annual Capital As % of Gen Fund Budget $1,058,624 $1,058,624 3.49% Resource Analysis How Much of Your Revenue is from State Basic Aid? FY 2014 7. State Rev. 49.36% What is Your Local Taxpayer Effort Comparison? 8. Effort 113% State Average Taxpayer Effort 100% FY 2014 ODT Methodology Similar District Effort 97% Higher levels of state funding dependency can be indicative of resource constraints on a schools' programs and services. Available local tax revenue capacity, if authorized by voters, enables a district to offer additional services to children. Local taxpayer effort can be an indication of untapped potential, or already high levels of local taxpayer support. What is Your Tax Millage Rate Equivalency? Tax Year 2013 2013 Effective Class I Millage (All) 29.10 9. Millage 40.67 Income Tax Millage Equiv.(001) 11.57 5 Most Similar District Average Total Millage Equivalent 40.67 34.98 Note: Includes Operating, PI, Bond, and Income Tax equivalent School Budget Report Card Summary 10.?? No new levies through FY 2017 2014, Public Finance Resources, Inc. www.pfrcfo.com
District Five Year Forecast October 2014 Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Five Year Forecast for Fiscal Year 2015 District Type: Local IRN: 000000 County: County Date Submitted: 10/6/2014 Date Processed: 5/23/2014 Actual Forecasted Line 2012 2013 2014 2015 2016 2017 2018 2019 1.010 General Property (Real Estate) 6,881,349 7,107,921 7,457,265 7,532,123 7,893,769 8,057,997 8,434,975 8,800,960 1.020 Tangible Personal Property Tax 1,178,097 1,285,395 1,144,164 1,237,411 1,347,988 1,334,508 1,321,163 1,307,951 1.030 Income Tax 2,982,673 3,296,230 5,631,076 5,927,924 6,017,757 6,203,341 6,394,491 6,591,377 1.035 Unrestricted Grants in Aid 15,529,114 15,886,684 16,509,406 17,830,096 17,974,736 18,130,412 17,371,925 17,760,963 1.040 Restricted Grants in Aid 246,192 249,352 443,740 457,268 391,282 392,694 394,183 395,693 1.045 Restricted Federal Grants in Aid SFSF 891,474 1.050 Property Tax Allocation 962,888 972,836 992,967 1,051,719 1,111,100 1,135,368 1,191,004 1,249,119 1.060 All Other Operating Revenue 985,027 1,234,698 1,175,353 1,338,010 1,228,422 1,277,991 1,303,551 1,329,622 1.070 Total Revenue 29,656,814 30,033,116 33,353,971 35,374,550 35,965,055 36,532,311 36,411,292 37,435,684 2.050 Advances In 6,000 32,681 2.060 All Other Financial Sources 3,229 3,823 90,066 18,000 18,000 18,000 18,000 18,000 2.070 Total Other Financing Sources 3,229 9,823 90,066 50,681 18,000 18,000 18,000 18,000 2.080 Total Revenues and Other Financing Sources 29,660,043 30,042,939 33,444,037 35,425,231 35,983,055 36,550,311 36,429,292 37,453,684 3.010 Personnel Services 18,488,465 17,752,295 17,885,556 19,068,860 19,985,742 20,826,099 21,701,473 22,613,314 3.020 Employees' Retirement/Insurance Benefits 6,260,675 6,500,870 6,399,874 6,724,539 7,033,482 7,467,405 7,965,749 8,499,467 3.030 Purchased Services 3,387,476 3,320,146 4,697,234 5,105,235 5,355,632 5,617,604 5,891,661 6,165,779 3.040 Supplies and Materials 849,190 960,302 967,548 1,057,790 1,089,524 1,122,210 1,155,876 1,190,552 4.300 Other Objects 1,201,847 982,280 391,741 371,651 421,517 463,377 431,912 479,189 4.500 Total Expenditures 30,187,653 29,515,893 30,341,953 32,328,074 33,885,897 35,496,695 37,146,671 38,948,301 5.010 Operational Transfers Out 193,500 5.020 Advances Out 6,000 32,681 5.030 All Other Financing Uses 4,000 15,000 15,000 15,000 15,000 15,000 5.040 Total Other Financing Uses 6,000 197,500 32,681 15,000 15,000 15,000 15,000 15,000 5.050 Total Expenditure and Other Financing Uses 30,193,653 29,713,393 30,374,634 32,343,074 33,900,897 35,511,695 37,161,671 38,963,301 6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing (533,610) 329,546 3,069,403 3,082,157 2,082,158 1,038,616 (732,379) (1,509,617) 7.010 Beginning Cash Balance 3,843,874 3,310,264 3,639,810 6,709,213 9,791,370 11,873,528 12,912,144 12,179,765 7.020 Ending Cash Balance 3,310,264 3,639,810 6,709,213 9,791,370 11,873,528 12,912,144 12,179,765 10,670,148 8.010 Outstanding Encumbrances 179,848 273,805 201,969 400,000 400,000 400,000 400,000 400,000 10.010 Fund Balance June 30 for Certification of Appropriations 3,130,416 3,366,005 6,507,244 9,391,370 11,473,528 12,512,144 11,779,765 10,270,148 12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 3,130,416 3,366,005 6,507,244 9,391,370 11,473,528 12,512,144 11,779,765 10,270,148 15.010 Unreserved Fund Balance June 30 3,130,416 3,366,005 6,507,244 9,391,370 11,473,528 12,512,144 11,779,765 10,270,148 Notes to the Five Year Forecast Please visit the Ohio Department of Education website at ftp://ftp.ode.state.oh.us/geodoc/5 yrforecast/. Copyright 2001 ODE, Site developed and hosted by SSDT
District Per Pupil Expenditure Analysis Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Per Pupil Expenditure Analysis Your School District Introduction Each year the Ohio Department of Education compiles district specific cost data. The value of this data is enhanced when it is compared to districts that are similar in nature. This comparison of individual district data to other similar districts can provide benchmark comparisons. Benchmarks are useful in that they offer the district a meaningful opportunity to compare their results to other districts, especially when they are similarly filtered. Table of Contents Introduction Page 2 Benchmark Indicators Enrollment Page 3 Consumer Price Index Page 4 Per Pupil Expenditures District Compared to Average Page 5 Total PPE Page 6 Instructional PPE Page 7 Administrative PPE Page 8 Building Operations PPE Page 9 Pupil Support PPE Page 10 Staff Support PPE Page 11 Over/(Under) Comparison Page 12 Other Performance Indicators Instructional Percentage of PPE Page 13 ODE Performance Index Page 14 Similar District Listing Page 15 Expenditure Category Definitions Page 16 Data Sources Page 17 Copyright 2013 Public Finance Resources, Inc. 2
Enrollment The first benchmark trend to observe is student enrollment. The district's enrollment is at the cornerstone of the per pupil expenditure analysis. Districts that track enrollment trends over time will benefit from better decisions. For example, a declining enrollment, even when slight on an annual basis, may warrant ongoing adjustments to operating strategies in an effort to align costs with a declining resource base. The enrollment reflected in the table is the district's ODE calculated enrollment for expenditure flow model (EFM) purposes and is not the same as funded enrollment. Expenditure (EFM) Enrollment 4,000 3,500 3,400 3,000 2,991 2,500 2,000 1,500 1,000 500 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Your School District 2,991 3,343 3,438 3,506 3,574 3,500 3,571 3,580 3,630 3,400 Comparable District 1 3,359 3,261 3,239 3,074 3,031 2,947 2,842 2,733 2,610 2,329 Comparable District 3 3,445 3,326 3,576 3,604 3,499 3,512 3,540 3,505 3,525 3,317 Comparable District 3 2,325 2,350 2,324 2,335 2,405 2,456 2,450 2,470 2,179 1,950 Comparable District 4 2,231 2,248 2,215 2,244 2,194 2,279 2,245 2,242 2,166 2,161 15.00% 10.00% 11.77% Annual Percentage Change in Expenditure (EFM) Enrollment for District 5.00% 0.00% 5.00% 10.00% 2.84% 1.98% 1.94% 2.07% 2.03% 0.25% 1.39% 6.34% 1.53% Copyright 2013 Public Finance Resources, Inc. 3
Consumer Price Index Comparison Another important economic benchmark is the overall rate of inflation. The Consumer Price Index (CPI) provides an indicator of how the district's expenditure growth compares to a broader cost growth benchmark. CPI can also provide an indicator of capacity in that personal income can trend similarly. The graph below combines the comparison of the specific district's expenditure change over time with two important benchmarks similar district average and CPI. 12.00% Annual Percentage Change in Per Pupil Cost Compared to Similar Districts and the CPI 10.00% 8.00% 6.00% 4.00% 2.00% 3.38% 3.23% 2.87% 3.85% 1.63% 3.17% 2.08% 1.60% 0.00% 2.00% 0.35% 2006 2007 2008 2009 2010 2011 2012 2013 2014 4.00% 6.00% Your School District Average of 5 Most Similar Consumer Price Index (CPI U) Average Annual Percentage Change: 2004 2014 Your School District 3.73% Average of 5 Most Similar 2.63% Consumer Price Index (CPI U) 2.33% Copyright 2013 Public Finance Resources, Inc. 4
District Per Pupil Cost Compared to the Average Fiscal Year: 2014 In the chart below, the specific district's per pupil costs are compared to the average per pupil costs for the five most similar district grouping, as determined by the Ohio Department of Education. The chart shows how much more, or less, the specific district spent as compared to what its five most similar district group spent as an average, and for each individual category. Total Per Pupil Your School $ 9,701 Staff Support $ 96 Building Operations $ 2,051 Administration $ 1,271 Pupil Support $ 365 Instruction $ 5,918 District's Average Per Pupil Cost Above/(Under) 5 Most Similar District Group Average Total PPE $503 Staff Support $(209) Building Operations $309 Administration $110 Pupil Support $(117) Instruction $411 $(300) $(200) $(100) $ $100 $200 $300 $400 $500 $600 Copyright 2013 Public Finance Resources, Inc. 5
Total Per Pupil Expenditures Total expenditures per pupil include all expenditures identified as related to per pupil educational and operating costs, and listed in the Ohio Department of Education s Expenditure Flow Model ( EFM ) definitions. All funds are included except funds such as agency, rotary, debt service, etc. For a complete listing please reference the EFM manual. Similar districts used for the comparison are from the Ohio Department of Education's "Similar District Grouping." $12,000 $10,000 $8,000 $8,891 $9,058 $9,087 $8,776 $8,509 $9,198 $6,000 $4,000 $8,695 $9,262 $9,608 $9,273 $8,854 $9,701 $2,000 $ 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar $600 $400 $200 $ $(200) $(400) Total Per Pupil Expenditures Over/(Under) Most Similar Average $205 $521 $497 $345 $503 $(196) 2009 2010 2011 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. 6
Instructional Per Pupil Expenditures Includes regular, special, and remediation education teacher costs, textbooks, teaching supplies, software, and other materials. $7,000 $6,000 $5,000 $4,989 $5,082 $5,105 $4,900 $5,153 $5,508 $4,000 $3,000 $2,000 $4,968 $5,197 $5,323 $5,137 $5,244 $5,918 $1,000 $ 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar Instructional Per Pupil Expenditures Over/(Under) Most Similar Average $500 $400 $300 $200 $100 $ $(100) $411 $115 $218 $237 $90 $(21) 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. 7
Administrative Per Pupil Expenditures Includes superintendent, treasurer, board, business manager, and building principals and their staff. District technology services, networking, printing, information systems are also included. The application for and oversight of grant funds, special education services, county auditor fees, state audit compliance and fees are included. $2,500 $2,000 $1,500 $1,000 $500 $1,092 $1,052 $1,059 $1,078 $1,199 $1,303 $1,239 $994 $1,274 $1,121 $1,161 $1,271 $ 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar Administrative Per Pupil Expenditures Over/(Under) Most Similar Average $300 $200 $100 $ $225 $245 $140 $153 $40 $110 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. 8
Building Operations Per Pupil Expenditures Includes costs associated with keeping children warm, safe, and dry. Includes building physical plant, costs, cleaning, maintenance. Also includes transportation and food service expenses etc. $2,500 $2,000 $1,500 $1,648 $1,664 $1,682 $1,693 $1,577 $1,742 $1,000 $1,704 $1,908 $2,027 $2,039 $1,881 $2,051 $500 $ 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar Building Ops Per Pupil Expenditures Over/(Under) Most Similar Average $400 $300 $200 $100 $ $345 $346 $304 $309 $243 $56 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. 9
Pupil Support Per Pupil Expenditures Includes guidance counselors, health and psychological services, attendance, social work, regular clasroom aides, and instructional media service. $1,600 $1,400 $1,200 $1,000 $800 $990 $1,047 $1,014 $955 $600 $400 $200 $693 $748 $739 $680 $361 $435 $365 $482 $ 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar Pupil Support Per Pupil Expenditures Over/(Under) Most Similar Average $ $(100) $(200) $(300) $(400) $(74) $(117) $(297) $(299) $(274) $(275) 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. 10
Staff Support Per Pupil Expenditures Includes teacher staff training and licensure expenses, aides assisting with special needs classrooms and children. $700 $600 $500 $400 $300 $305 $200 $100 $ $238 $212 $205 $208 $233 $223 $211 $215 $178 $95 $96 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 3 Comparable District 3 Comparable District 4 Average of 5 Most Similar $100 $ $(100) $(200) $(300) Staff Support Per Pupil Expenditures Over/(Under) Most Similar Average $26 $6 $7 $(56) $(128) $(209) 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. 11
Expenditure Over/(Under) Comparison by Category Total Per Pupil Expenditures Over/(Under) Most Similar Average Instructional Per Pupil Expenditures Over/(Under) Most Similar Average $600 $400 $200 $ $(200) $(400) $(196) $205 $521 $497 $345 $503 2009 2010 2011 2012 2013 2014 $500 $400 $300 $200 $100 $ $(100) $(21) $115 $218 $237 $90 $411 2009 2010 2011 2012 2013 2014 Fiscal Year Fiscal Year Administrative Per Pupil Expenditures Over/(Under) Most Similar Average Building Ops Per Pupil Expenditures Over/(Under) Most Similar Average $300 $250 $200 $150 $100 $50 $ $40 $140 $225 $245 $153 $110 2009 2010 2011 2012 2013 2014 $400 $300 $200 $100 $ $56 $243 $345 $346 $304 $309 2009 2010 2011 2012 2013 2014 Fiscal Year Fiscal Year Pupil Support Per Pupil Expenditures Over/(Under) Most Similar Average Staff Support Per Pupil Expenditures Over/(Under) Most Similar Average $ $(100) $(200) $(300) $(400) $(297) $(299) $(274) $(275) $(74) $(117) 2009 2010 2011 2012 2013 2014 $50 $ $(50) $(100) $(150) $(200) $(250) $26 $6 $7 $(56) $(128) $(209) 2009 2010 2011 2012 2013 2014 Fiscal Year Fiscal Year Copyright 2013 Public Finance Resources, Inc. 12
Instructional Percentage of PPE 2014 2009 2010 2011 2012 2013 2014 Rank Your School District 57.1% 56.1% 55.4% 55.4% 59.2% 61.0% 463 Comparable District 1 55.9% 56.4% 56.1% 54.9% 60.2% 60.1% 409 Comparable District 3 51.9% 53.5% 54.6% 54.6% 62.9% 59.0% 336 Comparable District 3 55.7% 55.7% 55.2% 53.6% 56.9% 59.4% 367 Comparable District 4 59.9% 58.9% 59.7% 60.8% 63.3% 59.7% 378 Average of 5 Most Similar 56.1% 56.1% 56.2% 55.9% 60.5% 59.8% 391 Note: Rank is from districts with lowest % (1) to highest % (610) and is compiled from CUPP Profile Data as an estimate of potential instructional ranking Direct Student Learning Expenditures (Instruction, Pupil Support, Staff Support) 2009 2010 2011 2012 2013 2014 Your School District 67.8% 66.5% 65.3% 64.7% 64.4% 65.8% Comparable District 1 69.6% 70.7% 70.8% 70.2% 68.0% 69.1% Comparable District 3 71.0% 73.6% 73.4% 74.1% 72.9% 69.6% Comparable District 3 67.0% 67.2% 66.5% 64.5% 63.2% 66.8% Comparable District 4 72.2% 71.2% 72.1% 73.1% 72.7% 70.9% Note: Compilation uses CUPP Profile Data and combines Instruction, Pupil Support, and Staff Support Copyright 2013 Public Finance Resources, Inc. 13
Performance Index 2009 2010 2011 2012 2013 2014 Your School District 99.0 100.2 102.0 103.8 101.9 101.7 Comparable District 1 98.3 99.7 100.1 101.6 100.3 102.3 Comparable District 3 96.6 96.0 98.2 97.1 97.3 97.4 Comparable District 3 96.4 97.8 98.5 99.9 100.5 100.5 Comparable District 4 101.5 101.7 103.2 103.9 102.1 103.4 Average of 5 Most Similar 98.4 99.1 100.4 101.3 100.4 101.0 Performance Index "The performance index is a weighted average of all tested grades and subjects, with more weight given to the higher performance levels. Comparing the performance index scores over time shows trends in school and district achievement." Ohio Department of Education Copyright 2013 Public Finance Resources, Inc. 14
Similar Districts Below is a list of the districts determined to be the most similar to your district, ranked from most similar to least similar, as determined by the Ohio Department of Education. A partial listing of the demographics used for the similar district determination are provided. The five most similar districts are highlighted below. District County % of Population Administrative or Professional Occupations % of Population with College Degree or More Poverty as % of ADM Population Density % Minority Students Median Income Your School District County 33.2% 18.6% 30.1% 149 3.9% $38,397 Comparable District 1 County 26.7% 23.3% 33.1% 177 3.4% $34,334 Comparable District 2 County 27.0% 17.8% 36.4% 302 3.5% $36,010 Comparable District 3 County 27.4% 27.6% 28.1% 392 4.9% $35,107 Comparable District 4 County 33.0% 30.1% 24.3% 201 4.2% $41,561 Comparable District 5 County 30.5% 23.1% 28.1% 232 2.8% $39,202 Comparable District 6 County 29.4% 26.5% 25.8% 112 4.4% $37,453 Comparable District 7 County 33.1% 24.6% 34.7% 68 2.6% $33,818 Comparable District 8 County 29.7% 24.4% 33.7% 489 7.2% $30,578 Comparable District 9 County 34.6% 28.0% 26.5% 509 4.0% $34,200 Comparable District 10 County 25.1% 22.8% 32.9% 343 4.3% $33,531 Comparable District 11 County 23.8% 19.3% 41.5% 73 4.3% $30,520 Comparable District 12 County 29.1% 22.0% 40.0% 178 6.0% $31,748 Comparable District 13 County 23.7% 17.3% 36.4% 123 4.4% $30,388 Comparable District 14 County 34.7% 27.7% 28.6% 421 2.9% $35,501 Comparable District 15 County 31.3% 28.3% 27.5% 196 7.1% $35,852 Comparable District 16 County 29.4% 25.3% 30.5% 574 5.8% $35,812 Comparable District 17 County 29.0% 25.2% 43.9% 347 7.1% $28,316 Comparable District 18 County 25.9% 19.4% 33.6% 134 7.1% $34,026 Comparable District 19 County 26.1% 20.5% 42.9% 131 3.5% $31,398 Comparable District 20 County 27.8% 23.4% 29.2% 159 5.5% $34,157 Source: http://webapp2.ode.state.oh.us/similar_districts/ Copyright 2013 Public Finance Resources, Inc. 15
Ohio Department of Education Definitions for Each Expenditure Category Copyright 2013 Public Finance Resources, Inc. 16
Data Sources ODE Cupp Profile Reports http://education.ohio.gov/gd/templates/pages/ode/odeprimary.aspx?page=2&topicrelationid=1441 ODE Interactive Local Report Card (EMIS Data) http://ilrc.ode.state.oh.us/power_users.asp ODE Benchmarking Reports (2010, 2011, 2012) http://education.ohio.gov/gd/templates/pages/ode/odedetail.aspx?page=3&topicrelationid=1438&contentid=48701 ODE Five Year Forecast Data http://education.ohio.gov/gd/templates/pages/ode/odeprimary.aspx?page=2&topicid=1437&topicrelationid=1437 ODE Similar District Methodology http://webapp2.ode.state.oh.us/similar_districts/ Version: 2012.3 Copyright 2013 Public Finance Resources, Inc. 17
District Equivalent Per Pupil Expenditure New Methodology Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Equivalent per Pupil Expenditure Your District Starting in 2013, the Department of Education began calculating an Expenditure Equivalency Factor (EEF) for each district. The EEF attempts to account for the cost associated with the varying student needs among Ohio school districts. The Department of Education identified three categories of student needs and calculated a district EEF for each of the three student special need categories. The three categories of special needs are: Special Education Limited English Proficiency Economically Disadvantaged Calculated Calculated Calculated Calculated Additional Additional Additional Additional Special Ed Limited English Economic Disad. Total Cost Factor Cost Factor Cost Factor Cost Factor Your District 4.6% 0.0% 0.4% 5.0% Comparable District 1 16.2% 0.2% 0.0% 16.5% Comparable District 2 13.7% 0.1% 0.5% 14.2% Comparable District 3 8.5% 0.0% 0.4% 8.9% Comparable District 4 11.8% 0.0% 0.3% 12.2% The Ohio Department of Education uses the EEF to adjust each district s per pupil expenditures to a calculated Equivalency per Pupil Expenditure (EPPE) amount that is the ODE s attempt to present each district s cost, less the calculated costs associated with meeting the three special needs categories. ODE s effort is an attempt to provide an equivalent per pupil expenditure that can be compared across Ohio s school districts. Fiscal Year 2014 Less ODE ODE Calculated Traditional Less ODE Less ODE Calculated Equivalent per Calculated Calculated Economically per Pupil Pupil Special Ed. Limited English Disadvantaged Expenditure Expenditure Expenditure Expenditure Expenditure Net of Special District All Costs Component Component Component Needs Cost Your District $9,701 ($442) ($5) ($41) $9,213 Comparable District 1 $10,344 ($1,679) ($21) ($4) $8,640 Comparable District 2 $9,139 ($1,248) ($5) ($44) $7,843 Comparable District 3 $7,908 ($669) $0 ($34) $7,205 Comparable District 4 $8,896 ($1,052) ($3) ($29) $7,812 Copyright 2014 Public Finance Resources, Inc. Expenditure Equivalency per Pupil 1
2014 Per Pupil Expenditures by Expanded Categories Expenditure Enrollment>> 3,400 2,329 3,317 1,950 2,161 Expanded Expenditure Category: Instruction Your District 5,918.16 Comparable District 1 6,221.59 Comparable District 2 5,390.84 Comparable District 3 4,700.43 Comparable District 4 5,306.97 Pupil Support 365.26 635.68 612.85 419.89 378.27 Instr Staff Sup 95.72 288.90 359.54 160.06 619.27 CRI Classroom Instruction Expense PP $ & "%" 6,379.15 65.8% 7,146.17 69.1% 6,363.22 69.6% 5,280.38 66.8% 6,304.51 70.9% Public School Ranking 1 (Highest) to 611 (Lowest) Gen Admin 468 286.26 228 181.30 25 174.90 520 375.53 31 280.16 School Admin 474.80 543.65 471.17 683.46 466.50 Oper & Maint 1,061.74 866.64 931.99 497.54 676.99 Pupil Transp 606.48 844.21 433.91 422.94 639.37 Other Support 509.57 379.65 335.28 304.04 339.10 Food Service 383.08 382.55 428.71 344.52 189.56 NCR Nonclassroom Expense PP $ & "%" 3,321.92 34.2% 3,198.01 30.9% 2,775.95 30.4% 2,628.04 33.2% 2,591.68 29.1% Total Per Pupil Expenditure $9,701 $10,344 $9,139 $7,908 $8,896 Other Expenses Not Classified Above Enterprise Other Elem Sec 223.86 249.55 201.73 159.66 268.77 Community Service 3.39 145.89 7.52 15.54 1.34 Adult Ed Other Non Elem Sec Construction 35.69 252.49 553.60 577.12 29.91 Land & Structures Instr Equipment 6.68 7.98 Other Equipment 80.74 85.02 99.17 11.54 Debt & Interest 429.55 823.51 770.10 589.33 340.50 Non Operating Expense 779.91 1,556.45 1,632.12 1,349.64 652.08 Copyright 2014 Public Finance Resources, Inc. Expenditure Equivalency per Pupil 2
District Per Pupil Expenditure Analysis Your School District Student Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Economic Disadvantage Students identified as economically disadvantaged for EMIS purposes qualify for free and reduced lunch assistance. Current qualifying income guidelines for a family of four: Reduced Lunch (185% of poverty income level), $838/week Free Lunch (130% of poverty income level), $589/week 40.0% 35.0% 30.0% 25.0% 25.6% 29.1% 29.4% 30.4% 32.4% 30.8% 20.0% 15.0% 10.0% 26.5% 31.3% 28.3% 30.1% 33.3% 33.9% 5.0% 0.0% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Economic Disadvantaged ADM % Over/(Under) Most Similar Average 4.0% 2.0% 0.0% 2.0% 0.9% 2.2% 0.9% 3.1% 1.1% 0.3% 2009 2010 2011 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Student Supplement 1
Special Needs as a Percent of ADM Students identified as learning, physically, or emotionally disabled in EMIS are given a category that ranges from 1 through 6, with category 6 being the most severe The percentage reflected here is blended over all categories. 18.0% 16.0% 14.0% 12.0% 10.0% 12.4% 12.2% 11.7% 12.0% 12.7% 12.2% 8.0% 6.0% 4.0% 13.0% 12.5% 10.1% 11.4% 12.2% 11.5% 2.0% 0.0% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Special Needs ADM % Over/(Under) Most Similar Average 1.0% 0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 0.6% 0.3% 1.6% 0.6% 0.5% 0.7% 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 2
English Language Learners "The terms limited English proficient and English Language Learners refer to those students whose native or home language is other than English, and whose current limitations in the ability to understand, speak, read or write in English inhibit their effective participation in a school s educational program" ODE 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% 0.1% 0.3% 0.2% 0.4% 2012 2013 2014 0.1% 0.6% Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar 0.0% 0.1% 0.2% 0.3% 0.4% 0.5% English Language Learners % Over/(Under) Most Similar Average 0.2% 0.3% 0.5% 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 3
ODE Weighted Calculated Total Special Needs Cost Divided by Total Students (EFM ADM) The ODE calculates an ADM weighting to account for students with special needs. The weighting results in an adjustment to a district's total per pupil expenditure amount. The amount represented below is ODE's attempt to estimate the cost of serving special needs children. This amount, when subtracted from the district's Total PPE,will result in a lowered total PPE that is representative of total cost less special needs cost. $1,800 $1,600 $1,400 $1,200 $1,280 $1,241 $1,000 $800 $600 $400 $1,266 $1,196 $942 $1,001 $200 $0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar ODE Calculated Special Needs Cost Over/(Under) Most Similar Average $0 $20 $40 $60 $80 $14 $45 $59 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 4
Student Home Schooled Count The head count represented below reflects the students identified in the districts records as 'home schooled.' Home schooled are not included in the district's expenditure EFM ADM for per pupil expenditure calculation. 90.0 80.0 70.0 60.0 50.0 59.2 58.4 59.8 40.0 30.0 20.0 51.0 59.0 77.0 10.0 0.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Home School Student Count Over/(Under) Most Similar Average 20.0 10.0 0.0 10.0 0.6 17.2 8.2 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Student Supplement 5
Students Attending Community Schools The student count represented below reflects each district's number of students attending community schools. 250.0 200.0 150.0 100.0 117.6 129.0 124.7 50.0 90.3 121.3 101.7 0.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Community School Student Count Over/(Under) Most Similar Average 0.0 10.0 20.0 27.3 7.7 22.9 30.0 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 6
Ed Choice Students The number of students opting the Ed Choice option are reflected below. 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 0.0 0.0 0.0 2012 0.0 2013 0.0 2014 0.0 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar 1.0 0.8 0.6 0.4 0.2 0.0 Ed Choice Student Count Over/(Under) Most Similar Average 0.0 0.0 0.0 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 7
Open Enrollment Net In/(Out) The district's net open enrollment head count is reflected below. If a negative number is reflected, then the district has more outgoing open enrollment students than incoming. Open enrollment out students are not included in the districts expenditure EFM ADM. While open enrollment (Out) students are not counted in the districts expenditure EFM ADM. Open enrollment (In) students are counted unlike total funded ADM calculations. 100.0 80.0 60.0 40.0 20.0 0.0 50.6 13.7 74.3 23.7 69.2 19.7 20.0 40.0 60.0 80.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Copyright 2013 Public Finance Resources, Inc. Student Supplement 8
Percent of EFM ADM Attending Elsewhere The chart below presents each districts' number of students educated elsewhere as a percentage of the district's expenditure ADM. If the district's open enrollment net in is substantial, then some districts will reflect a negative percentage below which indicates more external (non resident) students choosing to attend the district than residential students who choose to attend elsewhere. 20.0% 18.0% 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 5.9% 6.4% 7.0% 2.0% 0.0% 2.5% 2.9% 2012 2013 2014 3.2% Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar EFM ADM % Attending Elsewhere Over/(Under) Most Similar Average 3.0% 3.2% 3.4% 3.6% 3.8% 4.0% 3.4% 3.5% 3.8% 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Student Supplement 9
District Census Data and Head Count Enrollment Analysis Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Your School District Census Data 2000 2010 % Change Age < 1 188 257 36.7% Age 1 200 261 30.5% Age 2 202 274 35.6% Age 3 244 298 22.1% Age 4 236 278 17.8% Age 5 203 270 33.0% Age 6 231 300 29.9% Age 7 259 287 10.8% Age 8 262 267 1.9% Age 9 291 333 14.4% Age 10 285 292 2.5% Age 11 258 321 24.4% Age 12 263 303 15.2% Age 13 274 333 21.5% Age 14 269 312 16.0% Age 15 249 296 18.9% Age 16 232 309 33.2% Age 17 248 306 23.4% Total 4,394 5,297 20.6% 350 300 250 200 150 100 50 0 Census Data Comparison 2000 vs. 2010 Age < 1 Age 1 Age 2 Age 3 Age 4 Age 5 Age 6 Age 7 Age 8 Age 9 Age 10 Age 11 Age 12 Age 13 Age 14 Age 15 Age 16 Age 17 2000 2010 Enrollment Data October Count, Including Resident Students and Open Enrollment In (Excludes JVS, Community Schools and Open Enrollment Out) Grade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 10 Yr Avg 5 Yr Avg 3 Yr Avg K 233 247 264 247 244 220 228 285 275 272 252 256 277 1 254 283 266 271 264 261 292 244 296 298 273 278 279 2 250 274 271 260 276 271 260 289 266 300 272 277 285 3 253 269 274 275 275 295 281 257 287 267 273 277 270 4 239 264 271 285 275 278 310 276 270 286 275 284 277 5 255 257 266 272 285 286 284 320 287 262 277 288 290 6 293 276 270 288 280 300 293 295 329 300 292 303 308 7 261 304 270 281 301 294 312 305 299 332 296 308 312 8 298 270 300 278 278 314 293 317 299 287 293 302 301 9 290 290 299 317 310 311 312 302 320 314 307 312 312 10 266 292 272 263 306 274 273 293 293 314 285 289 300 11 225 262 317 286 254 297 270 293 277 283 276 284 284 12 210 202 240 277 272 258 276 268 259 271 253 266 266 Total 3,327 3,490 3,580 3,600 3,620 3,659 3,684 3,744 3,757 3,786 3,566 3,693 3,728 Enrollment to Census Ratio Grade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 K 116.5% 131.4% 79.3% 92.5% 85.0% 73.3% 84.4% 102.5% 92.3% 99.3% 1 125.7% 141.5% 141.5% 81.4% 98.9% 90.9% 97.3% 90.4% 106.5% 100.0% 2 102.5% 135.6% 135.5% 138.3% 82.9% 101.5% 90.6% 96.3% 98.5% 107.9% 2000 Census 3 107.2% 110.2% 135.6% 137.5% 146.3% 88.6% 105.2% 89.5% 95.7% 98.9% 2010 Census 4 117.7% 111.9% 111.1% 141.1% 137.5% 147.9% 93.1% 103.4% 94.1% 95.3% 5 110.4% 126.6% 112.7% 111.5% 141.1% 143.0% 97.3% 96.1% 107.5% 91.3% 6 113.1% 119.5% 133.0% 122.0% 114.8% 148.5% 91.3% 101.0% 98.8% 112.4% 7 99.6% 117.4% 116.9% 138.4% 127.5% 120.5% 103.0% 95.0% 102.4% 99.7% 8 102.4% 103.1% 115.8% 120.3% 136.9% 133.1% 88.0% 104.6% 93.1% 98.3% 9 101.8% 99.7% 114.1% 122.4% 134.2% 153.2% 100.0% 90.7% 105.6% 97.8% 10 103.1% 102.5% 93.5% 100.4% 118.1% 118.6% 92.2% 93.9% 88.0% 103.6% 11 85.6% 101.6% 111.2% 98.3% 96.9% 114.7% 87.4% 99.0% 88.8% 85.0% 12 76.6% 76.8% 93.0% 97.2% 93.5% 98.5% 90.2% 86.7% 87.5% 86.9% Copyright 2013 Public Finance Resources, Inc. Census & Head Count Addendum 1
Retention Rate All Students Mobility Factor by Grade Level 10 Year 5 Year 3 Year Grade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Average Average Average 1 10.43% 21.46% 7.69% 2.65% 6.88% 6.97% 32.73% 7.02% 3.86% 8.36% 10.81% 11.79% 6.41% 2 5.49% 7.87% 4.24% 2.26% 1.85% 2.65% 0.38% 1.03% 9.02% 1.35% 2.03% 2.32% 3.11% 3 7.20% 7.60% 0.00% 1.48% 5.77% 6.88% 3.69% 1.15% 0.69% 0.38% 3.12% 1.82% 0.49% 4 0.84% 4.35% 0.74% 4.01% 0.00% 1.09% 5.08% 1.78% 5.06% 0.35% 1.91% 1.82% 0.98% 5 9.91% 7.53% 0.76% 0.37% 0.00% 4.00% 2.16% 3.23% 3.99% 2.96% 2.90% 2.08% 1.42% 6 10.98% 8.24% 5.06% 8.27% 2.94% 5.26% 2.45% 3.87% 2.81% 4.53% 5.44% 3.79% 3.74% 7 3.98% 3.75% 2.17% 4.07% 4.51% 5.00% 4.00% 4.10% 1.36% 0.91% 2.95% 3.07% 2.12% 8 1.36% 3.45% 1.32% 2.96% 1.07% 4.32% 0.34% 1.60% 1.97% 4.01% 0.50% 0.08% 1.46% 9 3.57% 2.68% 10.74% 5.67% 11.51% 11.87% 0.64% 3.07% 0.95% 5.02% 4.91% 4.05% 3.01% 10 0.76% 0.69% 6.21% 12.04% 3.47% 11.61% 12.22% 6.09% 2.98% 1.88% 5.50% 6.96% 3.65% 11 0.45% 1.50% 8.56% 5.15% 3.42% 2.94% 1.46% 7.33% 5.46% 3.41% 0.33% 1.19% 0.52% 12 10.64% 10.22% 8.40% 12.62% 4.90% 1.57% 7.07% 0.74% 11.60% 2.17% 6.68% 4.00% 4.84% Total 3.69% 4.04% 0.85% 0.39% 1.59% 2.72% 1.62% 1.50% 0.17% 0.46% 1.70% 1.29% 0.71% 15.00% Mobility Factor by Grade Level 3, 5 and 10 Year Average 10.00% 5.00% 0.00% 5.00% 10.00% 1 2 3 4 5 6 7 8 9 10 11 12 10 Year Average 5 Year Average 3 Year Average Retention Count All Students Head Count Change from Mobility Factor 10 Year 5 Year 3 Year Grade 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Average Average Average K 233 247 264 247 244 220 228 285 275 272 252 256 277 1 24 50 19 7 17 17 72 16 11 23 26 28 17 2 13 20 12 6 5 7 1 3 22 4 5 6 8 3 17 19 0 4 15 19 10 3 2 1 8 5 1 4 2 11 2 11 0 3 15 5 13 1 5 5 2 5 23 18 2 1 0 11 6 10 11 8 7 6 4 6 29 21 13 22 8 15 7 11 9 13 15 11 11 7 10 11 6 11 13 14 12 12 4 3 8 9 6 8 4 9 4 8 3 13 1 5 6 12 1 0 4 9 10 8 29 17 32 33 2 9 3 15 14 12 9 10 2 2 18 36 11 36 38 19 9 6 17 22 11 11 1 4 25 14 9 9 4 20 16 10 1 4 2 12 25 23 22 40 14 4 21 2 34 6 18 12 14 New Excl. K 110 126 28 13 53 91 55 51 6 16 55 44 24 Copyright 2013 Public Finance Resources, Inc. Census & Head Count Addendum 2
October Head Count Summary/Analysis **3 Year All Grade Level Mobility Factor Used for Enrollment Projections in Future Years Your School District 2015 2016 2017 2018 2019 Prior Year Actual/Estimated Enrollment (October Count) 3,786 3,783 3,778 3,754 3,736 Projected Changes to Prior Year Enrollment Net All Grade Level Mobility Factor (Change) to Prior Year** 25 25 22 24 26 Changes Anticipated Outside of Grade Level Mobility Factor: Open Enrollment In 0 0 0 0 0 Open Enrollment Out 0 0 0 0 0 Change in Community School Enrollment 0 0 0 0 0 New Kindergartners In 243 239 251 244 245 Loss of Seniors from Prior Year (271) (269) (297) (286) (270) Net Change in Pupils from Prior Year (3) (5) (24) (18) 0 Current Year Est. Enrollment (Simulated October Count) 3,783 3,778 3,754 3,736 3,737 Students at the District Grade Head Count K 243 239 251 244 245 1 289 259 254 267 260 2 307 298 267 262 275 3 299 305 297 266 261 4 270 302 308 300 269 5 290 274 306 312 304 6 272 301 284 317 324 7 306 278 307 290 324 8 327 302 274 303 286 9 296 337 311 282 312 10 303 285 325 300 272 11 312 301 284 323 298 12 269 297 286 270 307 Total 3,783 3,778 3,754 3,736 3,737 Year Over Year Percentage Change 0.08% 0.13% 0.63% 0.48% 0.01% 4,500 Historical Enrollment Compared to Trended Enrollment 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Actual Enrollment 10 Year Mobility Trend 5 Year Mobility Trend 3 Year Mobility Trend Copyright 2013 Public Finance Resources, Inc. Census & Head Count Addendum 3
District Per Pupil Expenditure Analysis Your School District Teacher Staff Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Special & Regular Ed Teacher FTE 250.0 The ODE changed the codification of teaching positions starting in 2009 and has not tracked teacher FTE's since that time. The data below reflects the EMIS position codes 205, 206, 207, 211, 212 for years prior to 2009. In 2009 the date below reflects the district's teaching positions coded as 230 and 212. The 212 position code designates special education teachers. The 2012 data is provided from the ODE 2012 benchmarking report and is not verified to EMIS data on the interactive local report card data system at ODE. 200.0 150.0 174.8 172.3 170.9 166.6 161.5 166.6 100.0 213.7 212.6 213.1 221.0 200.8 208.8 50.0 0.0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 1
Pupil Teacher Ratio Using the FTE counts identified above, the ratio below is calculated using the districts' Expenditure Flow Methodology (EFM) expenditure ADM. This particular ADM count reflects actual students served by the district with teachers actually providing the service. 25.0 20.0 15.0 16.9 17.3 17.2 17.7 17.6 15.8 10.0 16.7 16.5 16.8 16.2 18.1 16.3 5.0 0.0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Pupil Teacher Ratio Over/(Under) Most Similar Average 1.0 0.5 0.0 0.5 1.0 1.5 2.0 0.5 0.4 0.2 0.8 0.4 1.5 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 2
Pupils per Teacher % Over/(Under) Similar Avg. Pupil teacher ratios (PTR) will typically vary only slightly from district to district, but the small variance can actually represent a substantial variance in the number of teachers providing service. For example, a district with a 16.5 PTR has 10% more teachers than a district with a 15.0 PTR. A positive number below represents the percentage of additional teachers that a district has as compared to the five group average, and a negative represents fewer. 20.0% 15.0% 10.0% 5.0% 0.0% 1.3% 4.7% 2.5% 8.3% 5.0% 3.0% 2.7% 10.0% 15.0% 20.0% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Pupils per Teacher % Over/(Under) Most Similar Average 10.0% 5.0% 0.0% 5.0% 1.3% 4.7% 2.5% 8.3% 3.0% 2.7% 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 3
Average Teacher Salary Teacher salaries vary from district to district. The data below reflects the average teacher salary comparison for the districts identified as most similar by the Ohio Department of Education. Additional comparisons by county or other geographic area may provide the district with additional insight as to cost. $70,000 $60,000 $50,000 $52,605 $55,002 $57,039 $56,577 $56,847 $55,652 $40,000 $30,000 $20,000 $56,410 $58,692 $60,032 $58,996 $59,800 $59,802 $10,000 $0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Average Teacher Salary Percentage Over/(Under) Most Similar Average 8.0% 6.0% 4.0% 2.0% 0.0% 7.2% 6.7% 7.5% 5.2% 4.3% 5.2% 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 4
Average Years of Teacher Experience Teacher experience impacts average teacher salary. The data below shows the average years of service for the district's teaching staff. 20 18 16 14 12 14 15 15 14 15 14 10 8 6 14 16 16 16 16 15 4 2 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Average Years of Teacher Experience Over/(Under) Most Similar Average 2.00 1.50 1.00 0.50 (0.50) 1.00 1.00 1.60 1.40 (0.40) 2009 2010 2011 2012 2013 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 5
Expenditure Over/(Under) Comparison by Category 1.0 0.5 0.0 0.5 1.0 1.5 2.0 Pupil Teacher Ratio Over/(Under) Similar District FTE 0.2 0.8 0.4 1.5 0.5 0.4 2009 2010 2011 2012 2013 2014 Fiscal Year 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 2.0% 4.0% Pupils per Teacher % Over/(Under) Similar Average 8.3% 1.3% 4.7% 2.5% 3.0% 2.7% 2009 2010 2011 2012 2013 2014 Fiscal Year Average Teacher Salary Over/(Under) Similar Average Average Years of Teacher Experience Over/(Under) Average 8.0% 2.00 6.0% 1.50 4.0% 2.0% 0.0% 7.2% 6.7% 5.2% 4.3% 5.2% 7.5% 2009 2010 2011 2012 2013 2014 Fiscal Year 1.00 0.50 (0.50) (0.40) 1.00 1.00 1.60 1.40 1.00 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Teacher Staff Supplement 6
District Per Pupil Expenditure Analysis Your School District Administrative Staff Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Administrator FTE The administrative FTE is intended only to provide a basic count. More meaningful analysis will be accomplished when a district's enrollment is considered, as is the case with the pupil to administrator ratio calculation. 25.0 20.0 15.0 15.8 15.4 16.9 16.5 18.1 10.0 19.0 18.9 20.5 21.0 20.0 14.0 23.0 5.0 0.0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Copyright 2013 Public Finance Resources, Inc. Administrative Staff Supplement 1
Students per Administrator By comparing a district's administrator FTE with number of students served, the resulting students served per administrator ratio is helpful when comparing administrative staffing among districts. 500.0 450.0 400.0 350.0 300.0 250.0 200.0 228.2 150.0 100.0 50.0 188.1 186.3 192.6 185.7 174.2 173.4 176.4 170.5 181.5 147.8 145.5 0.0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Students per Administrator Over/(Under) Most Similar Average 20.0 0.0 20.0 40.0 60.0 1.8 0.8 2.3 6.9 5.9 46.7 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Administrative Staff Supplement 2
Students per Administrator % Over/(Under) Average Students Served The students to administrator ratio provides the number of students each administrator serves. The resulting ratio when compared to the similar group average provides for the number of administrators over/(under) the similar grouping and equalized for differences in enrollment. A negative percentage below indicates more administrators than the average district and a positive percentage indicates fewer administrators than the average. 100.0% 80.0% 60.0% 40.0% 20.0% 0.0% 1.0% 0.5% 1.6% 20.0% 3.6% 3.3% 20.5% 40.0% 60.0% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Students per Administrator % Over/(Under) Most Similar Average 5.0% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 1.0% 0.5% 1.6% 3.6% 3.3% 20.5% 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Administrative Staff Supplement 3
Average Administrator Salary Each districts' average administrator salary is listed below and is compared the similar group average. $100,000 $90,000 $80,000 $70,000 $74,023 $78,012 $72,776 $73,773 $76,388 $60,000 $50,000 $40,000 $30,000 $79,737 $82,702 $82,193 $83,497 $83,351 $20,000 $10,000 $0 2009 2010 2011 2012 2013 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Average Administrator Salary Over/(Under) Most Similar Average $15,000 $10,000 $5,000 $0 $12,874 $9,417 $9,724 $5,714 $6,963 $4,689 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Administrative Staff Supplement 4
EMIS Staffing FTE Worksheet Comparison Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Your District FTE History FTE: 2009 FTE: 2010 FTE: 2011 FTE: 2012 FTE: 2013 FTE: 2014 Staff FTE Staff Salary Average Staff FTE Staff Salary Average Position Administrative Assistant 101 1.20 64,362.00 1.20 64,362.00 1.80 53,632.00 1.20 64,068.00 2.20 73,065.00 2.20 75,395.00 Administrative Intern 102 Assistant, Deputy/Associate Superintendant 103 1.00 108,276.00 1.00 106,195.00 1.00 118,093.00 Assistant Principal 104 1.00 73,619.00 1.00 78,786.00 0.50 77,676.00 2.50 79,185.00 2.50 81,303.00 3.00 85,478.00 Ombudsman 107 Principal 108 5.00 89,348.00 4.70 91,859.00 6.40 93,253.00 6.40 89,925.00 6.40 90,465.00 7.40 97,188.00 Superintendent 109 1.00 110,336.00 1.00 115,301.00 1.00 120,490.00 1.00 118,080.00 1.00 126,467.00 1.00 128,947.00 Supervisor/Manager 110 1.80 64,555.00 1.80 65,590.00 2.20 61,815.00 1.80 66,596.00 1.80 66,928.00 2.30 68,032.00 Tax Assessing/Collecting 111 Treasurer 112 1.00 102,164.00 1.00 106,761.00 1.00 100,409.00 1.00 98,402.00 1.00 98,402.00 1.00 98,402.00 Coordinator 113 1.00 65,234.00 1.90 73,889.00 1.90 76,019.00 0.90 89,611.00 0.90 84,066.00 1.40 82,247.00 Education Administrative Specialist 114 Director 115 5.00 75,553.00 4.30 80,055.00 3.80 80,429.00 3.30 80,051.00 2.30 86,374.00 1.80 95,003.00 Community School Administrator 116 ESC Supervisor 120 Other Official/Administrative 199 2.00 72,858.00 2.00 75,043.00 2.00 77,301.00 2.00 61,263.00 1.00 7,109.00 2.00 39,477.00 Curriculum Specialist 201 Counseling 202 4.00 71,622.00 5.00 72,781.00 5.00 73,632.00 6.00 70,953.00 5.00 71,006.00 6.00 74,190.00 Librarian/Media 203 2.00 59,231.00 2.00 54,981.00 2.00 58,771.00 2.00 58,771.00 2.00 63,051.00 1.90 66,021.00 Remedial Specialist 204 4.50 60,144.00 4.50 61,722.00 3.00 60,700.00 2.00 68,800.00 1.00 71,989.00 1.00 66,965.00 Regular Teaching 205 Special Education Teaching 206 Vocational Education Teaching 207 Tutor/Small Group Instructor 208 5.90 21,593.00 11.50 21,188.00 13.60 17,132.00 1.00 Audio visual Staff 209 Educational Services Teacher 211 Special Education Supplemental Service Teacher 212 2.00 53,683.00 11.00 54,530.00 14.00 57,005.00 21.00 52,244.00 22.00 57,562.00 26.00 58,156.00 Permanent Substitute Teacher 225 2.10 17,722.00 1.30 19,794.00 Teacher Mentor/Evaluator 226 Teacher 230 211.70 56,436.00 201.60 58,919.00 199.10 60,245.00 200.00 59,705.00 178.80 60,075.00 182.80 60,036.00 Other Professional Educational 299 2.00 47,085.00 4.00 18,385.00 4.00 Accounting 301 Analyst 302 Architect or Engineer 303 Audiologist 304 Auditing 305 Dentist 306 Dietitian/Nutritionist 307 Editing 308 Evaluating 309 Legal 310 Negotiatiing 311 Optometrist 313 Personnel 314 Physician 315 Planning 316 Psychiatrist 317 Psychologist 318 Publicity Relations 319 1.00 40,229.00 1.00 42,542.00 1.00 44,969.00 1.00 44,969.00 1.00 44,959.00 1.00 49,134.00 Registered Nursing 320 2.60 62,123.00 2.80 68,349.00 3.00 70,202.00 3.00 70,202.00 3.00 70,810.00 3.00 72,622.00 Registrar 321 Research and Development 322 Social Work 323 2.40 13,213.00 4.00 5,485.00 Statistician 324 Physical Therapist 325 Speech and Language Therapist 326 1.00 69,745.00 1.00 71,838.00 1.00 73,994.00 1.00 73,994.00 1.00 73,994.00 1.00 23,998.00 Occupational Therapist 327 Mobility Therapist 328 Educational Interpreter 329 Visiting Teacher 330 Occupational Therapy Assistant 331 Physical Therapy Assistant 332 Adapted Physical Education Therapist 333 Intern Psychologist 334 Planning/Research/Development/Evaluation/Analysis 340 Other Professional Other 399 1.00 24,840.00 Audiometrist 401 Computer Operating 402 3.00 56,423.00 3.00 33,528.00 4.00 40,316.00 4.00 45,294.00 3.00 43,873.00 2.00 60,060.00 Dental Hygienist 403 Graphic Arts 404 Inspector 405 Practical Nursing 406 Computer Programming 407 Psychometrist 408 Purchasing Agent 409 Library Technician 411 Draftsman 412 Printer 413 Library Aide 414 1.00 15,200.00 1.00 15,945.00 1.00 16,739.00 3.00 18,186.00 4.00 13,590.00 4.00 20,997.00 Instructional Paraprofessional 415 34.40 16,370.00 43.00 15,410.00 32.10 16,869.00 15.30 19,874.00 11.80 21,271.00 11.50 19,785.00 Other Technical 499 1.00 50,710.00 Bookkeeping 501 3.00 42,609.00 4.00 36,399.00 Clerical 502 18.00 26,295.00 19.00 26,312.00 19.00 27,083.00 19.00 26,106.00 14.00 25,669.00 14.00 26,520.00 Messenger 503 Records Managing 504 Teaching Aide 505 4.60 12,035.00 4.70 12,580.00 4.10 16,674.00 2.90 17,683.00 1.90 17,928.00 Telephone Operator 506 Parent Mentor 507 Parent Coordinator 508 Other Office/Clerical 599 Staff FTE Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Public Finance Resources, Inc. 2015 District FTE History 1
Your District FTE History FTE: 2009 FTE: 2010 FTE: 2011 FTE: 2012 FTE: 2013 FTE: 2014 Staff FTE Staff Salary Average Staff FTE Staff Salary Average Position Carpentering 601 Electrician 602 General Maintenance 603 1.00 49,504.00 2.00 52,166.00 2.00 54,954.00 2.00 54,954.00 2.00 56,284.00 2.00 59,467.00 Masonry 604 Mechanic 605 2.00 54,652.00 2.00 56,888.00 2.00 59,207.00 1.00 57,387.00 1.00 57,467.00 1.00 59,467.00 Painting 606 Plastering 607 Plumbing 608 Sheet Metal Worker 609 Glazier 610 Foreman 611 Other Crafts and Trades 699 1.00 21,576.00 1.00 30,478.00 1.00 32,448.00 Crafts and Trades Apprenticeship 701 Dispatching 702 Vehicle Operating (other than buses) 703 Vehicle Operating (buses) 704 28.00 20,017.00 30.00 20,733.00 32.00 21,402.00 31.00 21,706.00 31.00 21,842.00 32.00 22,764.00 Equipment Operating 705 Other Operative 799 Attendance Officer 901 Custodian 902 17.00 36,412.00 18.00 37,744.00 20.00 38,771.00 20.00 37,448.00 20.00 34,086.00 20.00 36,363.00 Elevator Operating 903 Food Service 904 18.20 19,084.00 20.20 16,791.00 18.20 18,690.00 17.10 18,784.00 14.70 21,112.00 14.70 22,181.00 Guard/Watchman 905 Monitoring 906 3.50 18,740.00 3.80 19,222.00 3.00 23,478.00 2.70 24,574.00 1.70 28,485.00 0.70 20,442.00 Stores Handling 907 Groundskeeping 908 Attendant 909 Other Service Worker/Laborer 999 4.00 2,091.00 4.00 2,141.00 4.00 2,270.00 4.00 2,377.00 Total FTE: 390.50 413.70 408.70 383.10 347.00 357.70 Staff FTE Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average FTE: 2009 FTE: 2010 FTE: 2011 FTE: 2012 FTE: 2013 FTE: 2014 FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary Certified Teachers 233.20 $55,595 237.90 $57,044 237.70 $57,920 235.00 $59,094 213.80 $59,441 222.70 $59,040 Certified Other Professionals 3.60 $56,041 6.20 $42,844 9.00 $33,595 4.00 $63,894 4.00 $64,347 4.00 $66,750 Certified Administration 19.00 $79,737 18.90 $82,677 20.60 $82,221 21.10 $83,523 20.10 $83,380 23.10 $86,949 Classified Maintenance/Custodial/Mechanic 24.00 $32,757 26.00 $34,849 28.00 $36,172 28.00 $33,834 24.00 $36,760 24.00 $39,088 Classified Clerical 18.00 $26,295 19.00 $26,312 19.00 $27,083 19.00 $26,106 17.00 $28,658 18.00 $28,715 Classified Aides/Paraprofessionals 43.50 $16,075 52.50 $15,443 40.20 $17,339 23.90 $19,927 19.40 $19,992 16.20 $20,113 Classified Transportation 28.00 $20,017 30.00 $20,733 32.00 $21,402 31.00 $21,706 31.00 $21,842 32.00 $22,764 Classified Other 21.20 $24,368 23.20 $18,955 22.20 $22,587 21.10 $23,810 17.70 $24,970 17.70 $28,073 390.50 413.70 408.70 383.10 347.00 357.70 Fiscal Year 2014 FTEs by Position Three Year FTE Trend 250.00 4.53% 5.03% 8.95% 4.95% Certified Teac 62.26% Certified Othe 1.12% Certified Adm 6.46% Classified Mai 6.71% Classified Cler 5.03% Classified Aide 4.53% Classified Tran 8.95% Classified Oth 4.95% 200.00 150.00 6.71% 6.46% 62.26% 100.00 1.12% Certified Teachers Certified Administration Classified Clerical Classified Transportation 2012 2013 50.00 2014 Certified Teac 235.00 213.80 222.70 Certified Othe 4.00 4.00 4.00 Certified Adm 21.10 20.10 23.10 Classified Mai 28.00 24.00 24.00 Classified Cler 19.00 17.00 18.00 0.00 Certified Other Classified Professionals Aide 23.90 19.40 16.20 2012 2013 2014 Classified Tran 31.00 31.00 32.00 Classified Maintenance/Custodial/Mechanic Certified Teachers Certified Other Professionals Classified Oth 21.10 17.70 17.70 Certified Administration Classified Maintenance/Custodial/Mechanic Classified Aides/Paraprofessionals Classified Clerical Classified Aides/Paraprofessionals Classified Other Classified Transportation Classified Other Public Finance Resources, Inc. 2015 District FTE History 2
Your District FTE Compare 2014 FTE: 2014 FTE: 2014 FTE: 2014 FTE: 2014 FTE: 2014 Staff FTE Your District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Staff Salary Average Staff FTE Position Administrative Assistant 101 2.20 75,395.00 Administrative Intern 102 Assistant, Deputy/Associate Superintendant 103 1.00 118,093.00 Assistant Principal 104 3.00 85,478.00 4.00 75,727.00 5.00 70,600.00 2.00 74,507.00 1.00 73,440.00 Ombudsman 107 Principal 108 7.40 97,188.00 2.90 85,020.00 6.00 83,642.00 5.00 75,961.00 4.00 88,127.00 Superintendent 109 1.00 128,947.00 1.00 105,000.00 1.00 110,000.00 2.00 100,500.00 1.00 115,940.00 Supervisor/Manager 110 2.30 68,032.00 3.00 58,100.00 3.00 49,629.00 Tax Assessing/Collecting 111 Treasurer 112 1.00 98,402.00 0.50 2.00 65,480.00 1.00 68,400.00 1.00 107,642.00 Coordinator 113 1.40 82,247.00 4.00 62,024.00 3.00 24,175.00 2.20 22,571.00 1.10 59,299.00 Education Administrative Specialist 114 1.00 70,000.00 1.00 69,495.00 2.00 82,350.00 Director 115 1.80 95,003.00 5.00 59,056.00 Community School Administrator 116 ESC Supervisor 120 1.00 64,399.00 Other Official/Administrative 199 2.00 39,477.00 2.00 73,000.00 1.00 61,600.00 Curriculum Specialist 201 3.00 70,359.00 Counseling 202 6.00 74,190.00 8.00 53,815.00 6.00 54,037.00 2.00 53,020.00 4.10 45,958.00 Librarian/Media 203 1.90 66,021.00 1.00 78,359.00 1.00 69,877.00 1.50 50,537.00 0.80 61,545.00 Remedial Specialist 204 1.00 66,965.00 2.00 44,602.00 4.00 63,633.00 6.00 44,853.00 1.00 47,656.00 Regular Teaching 205 Special Education Teaching 206 Vocational Education Teaching 207 Tutor/Small Group Instructor 208 11.00 36,038.00 4.00 5,580.00 6.50 39,398.00 Audio visual Staff 209 1.00 1,599.00 Educational Services Teacher 211 Special Education Supplemental Service Teacher 212 26.00 58,156.00 14.80 55,539.00 31.00 50,520.00 4.00 30,750.00 Permanent Substitute Teacher 225 Teacher Mentor/Evaluator 226 11.00 1,823.00 7.00 576.00 Teacher 230 182.80 60,036.00 133.40 60,651.00 176.00 52,481.00 146.40 50,607.00 118.40 56,053.00 Other Professional Educational 299 4.00 4.60 43,521.00 9.00 16,537.00 Accounting 301 Analyst 302 Architect or Engineer 303 Audiologist 304 Auditing 305 Dentist 306 Dietitian/Nutritionist 307 Editing 308 Evaluating 309 Legal 310 Negotiatiing 311 Optometrist 313 Personnel 314 Physician 315 Planning 316 Psychiatrist 317 Psychologist 318 2.00 56,871.00 3.90 68,505.00 2.00 69,695.00 2.30 58,211.00 Publicity Relations 319 1.00 49,134.00 0.50 40,000.00 1.00 82,848.00 Registered Nursing 320 3.00 72,622.00 1.00 59,678.00 Registrar 321 Research and Development 322 Social Work 323 2.00 38,850.00 Statistician 324 Physical Therapist 325 Speech and Language Therapist 326 1.00 23,998.00 4.00 50,668.00 2.60 60,460.00 2.00 56,993.00 2.30 55,592.00 Occupational Therapist 327 2.20 49,277.00 Mobility Therapist 328 Educational Interpreter 329 1.50 24,575.00 Visiting Teacher 330 Occupational Therapy Assistant 331 Physical Therapy Assistant 332 Adapted Physical Education Therapist 333 Intern Psychologist 334 Planning/Research/Development/Evaluation/Analysis 340 Other Professional Other 399 1.00 34,500.00 Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Public Finance Resources, Inc. 2015 FTE Comparison 3
Your District FTE Compare 2014 FTE: 2014 FTE: 2014 FTE: 2014 FTE: 2014 FTE: 2014 Staff FTE Your District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Staff Salary Average Staff FTE Position Audiometrist 401 Computer Operating 402 2.00 60,060.00 1.00 15,823.00 1.00 35,825.00 Dental Hygienist 403 Graphic Arts 404 Inspector 405 Practical Nursing 406 3.90 26,656.00 Computer Programming 407 Psychometrist 408 Purchasing Agent 409 Library Technician 411 Draftsman 412 Printer 413 Library Aide 414 4.00 20,997.00 3.30 17,280.00 4.00 20,703.00 Instructional Paraprofessional 415 11.50 19,785.00 17.00 17,439.00 2.00 22,412.00 15.30 17,721.00 Other Technical 499 1.00 50,710.00 1.00 50,856.00 2.00 65,775.00 Bookkeeping 501 4.00 36,399.00 4.00 26,682.00 Clerical 502 14.00 26,520.00 17.50 27,487.00 19.20 32,264.00 22.70 25,560.00 16.10 29,920.00 Messenger 503 0.30 19,368.00 Records Managing 504 Teaching Aide 505 26.40 16,493.00 22.10 19,889.00 18.00 17,712.00 0.80 20,258.00 Telephone Operator 506 Parent Mentor 507 Parent Coordinator 508 Other Office/Clerical 599 1.00 47,444.00 3.00 21,051.00 Carpentering 601 Electrician 602 General Maintenance 603 2.00 59,467.00 5.00 33,349.00 5.00 45,814.00 1.00 67,490.00 1.00 30,272.00 Masonry 604 Mechanic 605 1.00 59,467.00 3.00 29,649.00 1.80 47,882.00 1.00 40,935.00 2.00 16,220.00 Painting 606 Plastering 607 Plumbing 608 Sheet Metal Worker 609 Glazier 610 Foreman 611 Other Crafts and Trades 699 1.00 32,448.00 Crafts and Trades Apprenticeship 701 Dispatching 702 0.80 33,599.00 Vehicle Operating (other than buses) 703 1.00 10,999.00 0.10 33,469.00 Vehicle Operating (buses) 704 32.00 22,764.00 30.50 18,770.00 16.60 26,375.00 15.90 15,391.00 15.30 21,970.00 Equipment Operating 705 Other Operative 799 Attendance Officer 901 Custodian 902 20.00 36,363.00 16.00 24,720.00 15.80 32,984.00 15.70 30,210.00 8.00 34,089.00 Elevator Operating 903 Food Service 904 14.70 22,181.00 26.80 10,507.00 26.60 17,661.00 13.80 18,564.00 8.00 14,277.00 Guard/Watchman 905 Monitoring 906 0.70 20,442.00 3.30 24,462.00 10.90 14,696.00 7.50 15,769.00 Stores Handling 907 Groundskeeping 908 1.00 Attendant 909 6.20 14,552.00 12.90 19,542.00 Other Service Worker/Laborer 999 Staff Salary Average Staff FTE Staff Salary Average Staff FTE Staff Salary Average Total FTE: 357.70 359.40 401.10 291.10 240.00 FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary FTE's Avg Salary Certified Teachers 222.70 $59,040 178.80 $57,663 234.60 $50,468 174.90 $47,273 141.10 $51,818 Certified Other Professionals 4.00 $66,750 5.50 $44,717 8.10 $63,964 2.00 $69,695 3.80 $44,934 Certified Administration 23.10 $86,949 17.40 $68,841 23.00 $67,767 13.20 $69,498 15.10 $76,447 Classified Maintenance/Custodial/Mechanic 24.00 $39,088 24.00 $27,134 22.60 $37,009 18.70 $31,162 11.00 $30,493 Classified Clerical 18.00 $28,715 21.50 $27,337 19.50 $32,066 23.70 $26,483 19.10 $28,527 Classified Aides/Paraprofessionals 16.20 $20,113 52.90 $16,619 44.30 $20,316 28.90 $16,574 23.60 $17,187 Classified Transportation 32.00 $22,764 31.50 $18,523 17.50 $26,746 15.90 $15,391 15.30 $21,970 Classified Other 17.70 $28,073 27.80 $10,698 31.50 $19,828 13.80 $18,564 11.00 $25,599 357.70 359.40 401.10 291.10 240.00 Staff FTE Staff Salary Average Public Finance Resources, Inc. 2015 FTE Comparison 4
District Per Pupil Expenditure Analysis Your School District Fringe Benefits Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Health Insurance as % of Total Compensation In its annual benchmark report the ODE calculates the cost of health insurance (object codes 240 259) as a percentage of total compensation (100 and 200 objects combined). The resulting ratio is provided in this chart. 17.0% 16.5% 16.0% 15.5% 15.0% 15.5% 15.6% 14.5% 14.0% 13.5% 13.0% 12.5% 13.7% 14.5% 15.6% 14.8% 12.0% 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Health Insurance Cost as % of Total Compensation Over/(Under) Avg. by Type 0.1% 0.7% 0.8% 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Fringe Benefits Supplement 1
Retirement as % of Total Compensation In its annual benchmark report the ODE calculates the cost of retirement benefits (object codes 200 229 all) as a percentage of total compensation (100 and 200 objects combined). The resulting ratio is provided in this chart. 12.5% 12.0% 11.5% 11.0% 11.5% 11.1% 11.3% 10.5% 10.0% 9.5% 10.6% 10.2% 10.8% 9.0% 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Retirement Cost as % of Total Compensation Over/(Under) Average Type 0.9% 1.0% 0.6% 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Fringe Benefits Supplement 2
Total Compensation as % of Per Pupil Expenditures The CUPP Profile report provides each district's salary and benefit cost as a percentage of total per pupil expenditures. The chart below provides the combined percentage for salaries and benefits (Total Compensation) for each district of the similar grouping 90.0% 80.0% 70.0% 60.0% 79.8% 73.2% 73.5% 50.0% 40.0% 82.2% 81.6% 80.9% 30.0% 20.0% 10.0% 0.0% 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Average Total Compensation Cost per Pupil Over/(Under) Most Similar Average 2.4% 8.5% 7.4% 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Fringe Benefits Supplement 3
Total Employee Compensation Cost per Pupil Utilizing the CUPP Profile report's combined compensation percentage from above applied to the CUPP Profile report district per pupil expenditure generates an estimate of total employee compensation cost on a per pupil basis. $9,000 $8,000 $7,000 $6,000 $7,017 $6,254 $6,795 $5,000 $4,000 $3,000 $7,620 $7,227 $7,851 $2,000 $1,000 $0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Average Total Employee Compensation Cost per PupilOver/(Under) Most Similar Avg. $603 $972 $1,057 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Fringe Benefits Supplement 4
Total Employee Health Insurance Cost per Pupil The Ohio Department of Education benchmarking report provides the percentage of a district's total employee compensation going to health care benefits. This calculation is rendered into a employee health care cost per pupil. $1,600 $1,400 $1,200 $1,000 $1,013 $980 $1,102 $800 $600 $400 $1,047 $1,130 $1,158 $200 $0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Average Employee Health Benefit Cost per Pupil Over/(Under) Most Similar Average $35 $150 $56 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Fringe Benefits Supplement 5
District Per Pupil Expenditure Analysis Your School District Building Operations Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Building Square Foot per Pupil Building square foot per pupil is calculated from EMIS building square footage (including central office) divided by EFM ADM. 250.0 200.0 150.0 174.3 171.1 185.2 100.0 205.6 202.7 216.4 50.0 0.0 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Building Square Foot Per Pupil Over/(Under) Average by Type 31.2 31.6 31.2 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 1
Total Building Operating Cost per Square Foot District expenditures coded to the 27xx function (excluding 2750 and 2760) are divided by the district building and central office square footage. $7.00 $6.00 $5.00 $5.19 $5.12 $5.05 $4.00 $3.00 $2.00 $4.98 $4.85 $4.93 $1.00 $0.00 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Per Square Foot Building Operating Cost Over/(Under) Average Type $0.21 $0.27 $0.12 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 2
Building Utility Cost per Square Foot $2.00 $1.80 $1.60 $1.40 $1.20 $1.56 $1.44 $1.43 $1.00 $0.80 $0.60 $1.72 $1.54 $1.62 $0.40 $0.20 $0.00 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Utility Cost per Square Foot Over/(Under) Average Type $0.16 $0.10 $0.18 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 3
Building Custodian & Maintenance Cost per Square Foot $3.50 $3.00 $2.50 $2.50 $2.51 $2.48 $2.00 $1.50 $1.00 $2.07 $2.03 $2.11 $0.50 $0.00 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Maintenance & Custodial Cost per SF Over/(Under) Average Type $0.43 $0.48 $0.37 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 4
Total Building Operational Cost Total building operational cost takes the EFM ADM and multiplies it by the square foot per pupil and the building operational cost per square foot to determine the total yearly building operational costs. $1,200 $1,000 $800 $902.76 $873.85 $933.15 $600 $400 $1,024.18 $982.71 $1,067.70 $200 $ 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Total Building Operational Cost Over/(Under) Average Type $121.42 $108.86 $134.56 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 5
Bureau of Workers' Compensation Payroll Rate 0.9% 0.9% 0.9% 0.8% 0.8% 0.8% 0.8% 0.9% 0.8% 0.7% 0.8% 0.8% 0.7% 0.7% 2012 2013 2014 Your School District Most Similar Average Copyright 2013 Public Finance Resources, Inc. Building Operations Supplement 6
District Per Pupil Expenditure Analysis Your School District Transportation Efficiency Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Transportation Efficiency Factor Transportation efficiency is measured by the Ohio Department of Education and includes factors such as pupils per square mile. The ODE calculates a targeted ridership per bus and evaluates each districts' actual bus ridership. A ratio less than 1.0 indicates lower efficiency and higher than 1.0 indicates greater efficiency. The higher the ratio, the higher the efficiency. All data is for the home district, as well as the efficiency for each group. 1.6 1.4 1.2 1.0 1.0 1.2 1.2 0.8 0.6 0.4 1.0 1.1 1.3 0.2 0.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Avg. Transportation Efficiency Over/(Under) Average Type 0.1 0.0 0.2 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 1
Square Miles The information below reflects the number of square miles in the district, as well as the average for each group. 160.0 140.0 120.0 100.0 80.0 60.0 152.0 89.8 89.8 89.8 152.0 152.0 40.0 20.0 0.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Avg. Square Miles Over/(Under) Average Type 62.2 62.2 62.2 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 2
Percentage of Non Traditional Riders The data below shows the percentage of riders that are considered resident non traditional riders (chartered non public (private) schools and community school students). Each group in the state is compared to the district. 20.0% 18.0% 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 4.4% 4.7% 4.5% 2.0% 0.0% 0.0% 0.0% 2012 2013 2014 2.7% Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Avg. Non traditional Rider % Over/(Under) Average Type 4.4% 4.7% 1.8% 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 3
Riders per Square Mile 35.0 30.0 25.0 20.0 15.0 19.87 20.23 19.13 10.0 5.0 14.82 14.88 14.58 0.0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Most Similar Avg. Riders per Square Mile Over/(Under) Average Type 4.0 4.5 5.06 5.35 4.55 5.0 5.5 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 4
Transportation Efficiency 2014 Bus Count 35 30 25 20 15 32 29 25 15 21 10 5 0 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Total Riders 2500 2000 2216 2071 1500 1371 1460 1000 733 500 0 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 5
Transportation Efficiency 2014 Actual Riders per Bus 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 69.25 47.28 82.84 48.87 69.52 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Targeted Riders per Bus 58.00 56.97 56.00 54.00 54.37 54.56 55.22 52.00 50.00 48.00 48.56 46.00 44.00 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Copyright 2013 Public Finance Resources, Inc. Transportation Efficiency Supplement 6
District Per Pupil Expenditure Analysis Your School District Food Service Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Food Service Cost per Meal The ODE calculates each district's cost per meal served. The data below reflects each district's cost per meal and the average for the group. $4.00 $3.50 $3.00 $2.50 $3.14 $3.36 $3.41 $2.00 $1.50 $3.22 $3.57 $3.72 $1.00 $0.50 $0.00 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Cost per Meal Over/(Under) Average by Type $0.08 $0.20 $0.31 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Food Service Supplement 1
Food Service Operational Gain/(Loss) The ODE summarizes each district's data in its annual benchmarking report which reflects the food service fund's operating gain or (loss). $80,000.00 $60,000.00 $40,000.00 $20,000.00 $46,362 $33,483 $0.00 $20,000.00 $7,911 $5,335 $36,116 $21,648 $40,000.00 $60,000.00 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Food Service Operate Gain Over/(Under) Average Type $12,878 $13,246 $14,468 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Food Service Supplement 2
Food Service Student Participation The ODE benchmarking report reflects the percentage of the districts' EFM ADM participating in the food service program. 60.0% 50.0% 52.1% 49.7% 50.5% 40.0% 30.0% 20.0% 50.1% 48.3% 50.8% 10.0% 0.0% 2012 2013 2014 Your School District Most Similar Average County LRC Similar State Average of Types Food Service Participation Over/(Under) Average Type 0.3% 2.0% 1.4% 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Food Service Supplement 3
District Revenue Analysis Your School District Resident Income Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Average Federal Adjusted Gross Income (FAGI) of Residents The average federal adjusted gross income per return is calculated from the gross dollar amount of the returns filed by district residents divided by the total number of returns filed. 70,000 60,000 50,000 49,048 48,845 48,558 50,165 51,174 53,726 40,000 30,000 20,000 48,534 49,115 49,437 50,396 51,019 56,665 10,000 0 2007 2008 2009 2010 2011 2012 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar State Average District Resident Income Over/(Under) Most Similar Average $270 $879 $231 $2,939 $514 $155 2007 2008 2009 2010 2011 2012 Your School District Copyright 2013 Public Finance Resources, Inc. Resident Income Supplement 1
Year over Year Change in Federal Adjusted Gross Income Year over year change in FAGI is an economic indicator of your district residents' income. 12.0% 10.0% 8.0% 6.0% 4.0% 11.1% 2.0% 0.0% 1.2% 0.7% 1.9% 1.2% 2.0% 4.0% 6.0% 2008 2009 2010 2011 2012 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar CPI U Copyright 2013 Public Finance Resources, Inc. Resident Income Supplement 2
Total Federal Adjusted Gross Income The data below represents the total gross amount reported on all returns filed by residents of the district. A 1% traditional income tax would generate approximately 1% of the gross amount reported below. $600,000,000 $500,000,000 $400,000,000 $300,000,000 $200,000,000 $100,000,000 $402,344,761 $405,882,246 $401,529,562 $417,280,108 $429,529,568 $481,195,716 $0 2007 2008 2009 2010 2011 2012 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 1% Traditional Your School District Total FAGI Income Tax = 2012 $481,195,716 $4,811,957 2011 2010 $429,529,568 $417,280,108 Property Mill 2009 $401,529,562 Rate Equivalent 2008 $405,882,246 9.6 2007 $402,344,761 Copyright 2013 Public Finance Resources, Inc. Resident Income Supplement 3
Total Number of Returns The total number of returns filed by your district's residents. 12,000 10,000 8,000 6,000 8,380 8,257 8,017 8,119 8,287 8,382 4,000 8,290 8,264 8,122 8,280 8,419 8,492 2,000 0 2007 2008 2009 2010 2011 2012 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar District Number of Returns Filed Over/(Under) Most Similar Average 7 105 161 132 110 90 2007 2008 2009 2010 2011 2012 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Resident Income Supplement 4
Total Number of Senior Credits The number of residents applying for senior credit exemption in your district. 1,800 1,600 1,400 1,200 1,000 800 1,015 1,024 1,055 1,105 1,175 1,241 600 400 903 914 937 990 1,047 1,110 200 0 2007 2008 2009 2010 2011 2012 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Copyright 2013 Public Finance Resources, Inc. Resident Income Supplement 5
District Per Pupil Expenditure Analysis Your School District Revenue Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
General Fund Local Tax and State Revenue (Historical) $16,000,000 General Fund Local Tax (1.01, 1.02, 1.03) Revenue $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $9,520,791 $9,649,662 $9,736,035 $10,373,648 $11,042,119 $11,689,546 $14,232,505 $0 2008 Your School District 2009 Comparable District 1 2010 2011 Comparable District 2 2012 Comparable District 3 2013 2014 Comparable District 4 General Fund Total State (1.035, 1.04, 1.045, 1.05) Revenue $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 $17,079,116 $17,220,362 $17,391,169 $17,252,613 $17,629,668 $17,108,872 $17,946,113 Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 1
General Fund Year Over Year % Change in Local Tax and State Revenue 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 5.0% 10.0% Local Tax Revenue Year Over Year % Change 21.8% 6.5% 6.4% 5.9% 1.4% 0.9% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Similar District Average 15.0% Year Over Year % Change State Revenue 10.0% 5.0% 0.0% 5.0% 10.0% 4.3% 0.8% 1.0% 3.1% 0.8% 1.7% 2.2% 7.4% 3.0% 3.3% 4.9% 5.2% 15.0% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Similar District Average Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 2
Local Personal Property Tax Revenue vs. State Property Tax Allocation Revenue $3,500,000 General Fund Local Personal Property Tax (1.02) Revenue $3,000,000 $2,500,000 $2,000,000 $1,500,000 $784,373 $534,151 $484,312 $828,139 $1,178,097 $1,285,395 $1,144,164 $1,000,000 $500,000 $0 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 General Fund Property Tax State Allocation (1.05) Revenue $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 $923,606 $1,056,578 $1,272,451 $1,228,073 $962,888 $972,836 $992,967 Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 3
General Fund Local Real Estate and Income Tax vs. State Basic Aid and Restricted $16,000,000 Local Real Estate and Income Tax $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $8,736,418 $9,115,511 $9,251,723 $9,545,509 $9,864,022 $10,404,151 $13,088,341 $0 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 State Basic Aid Plus Restricted Aid $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 $16,155,510 $16,163,784 $16,118,718 $16,024,540 $16,666,780 $16,136,036 $16,953,146 Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 4
General Fund Local Tax Revenue vs. State Revenue 30.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 5.00% 10.00% General Fund Local Tax Revenue Year Over Year % Change 21.75% 1.35% 0.90% 6.55% 6.44% 5.86% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Consumer Price Index (CPI U) 6 Year Average Change: 7.14% Your School District 2.21% Consumer Price Index 2.87% Average of 5 Most Similar 15.00% General Fund State Revenue Year Over Year % Change 10.00% 5.00% 0.00% 5.00% 0.83% 0.99% 0.80% 2.19% 2.95% 4.89% 10.00% 15.00% 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Consumer Price Index (CPI U) 6 Year Average Change: 0.86% Your School District 2.21% Consumer Price Index 0.60% Average of 5 Most Similar Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 5
General Fund Local Tax Revenue and State Revenue (2008 vs. 2014) 2008, State, 64.2% 2008, Local, 35.8% 2008 2014 Local Taxes $9,520,791 $14,232,505 State Rev $17,079,116 $17,946,113 $26,599,907 $32,178,618 2008 to 2014 Change: Dollar Change $5,578,711 Percentage Change 20.97% Note Local Tax Revenue: Real Estate (1.01), Personal Tangible (1.02), Income Tax (1.03) State Revenue: Unrestricted (1.035), Restricted (1.04), Restricted (1.045), Tax Allocation (1.05) 2014, State, 55.8% 2014, Local, 44.2% Copyright 2013 Public Finance Resources, Inc. Revenue Supplement 6
District Revenue Analysis Your School District Local Property Tax Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Tax Rates 45 40 35 30 25 20 15 10 5 0 20.0 20.0 2008 Your School District 2014Your School District Effective Class I Tax Rates and Income Tax Equivalent Millage Comparison Tax Year 2008 vs. Tax Year 2014 2008 Comparable District 1 2014 Comparable District 1 2008 Comparable District 2 2014 Comparable District 2 2008 Comparable District 3 2014 Comparable District 3 Operating Bond PI + Site Acquisition Income Tax Equivalent Millage 2008 Comparable District 4 2014 Comparable District 4 80 Full Voted Tax Rate Comparion Tax Year 2008 vs. Tax Year 2014 70 60 50 40 30 20 10 22.7 22.7 0 2008 Your School District 2014Your School District 2008 Comparable District 1 2014 Comparable District 1 2008 Comparable District 2 2014 Comparable District 2 2008 Comparable District 3 2014 Comparable District 3 2008 Comparable District 4 2014 Comparable District 4 Operating Bond PI + Site Acquisition Income Tax Equivalent Millage Copyright 2013 Public Finance Resources, Inc. Local Property Tax Supplement 1
Property Valuation Your School District 600,000,000 Property Valuations Tax Year 2008 vs. Tax Year 2014 500,000,000 400,000,000 300,000,000 200,000,000 100,000,000 2008 Your School District 2014Your School District 2008 Comparable District 1 2014 Comparable District 1 2008 Comparable District 2 2014 Comparable District 2 2008 Comparable District 3 2014 Comparable District 3 2008 Comparable 2014 Comparable District 4 District 4 Class I (Res/Ag) Class II (Business) Tangible & Public Utility Pers Prop Change in Assessed Valuation Per Pupil & Aggregate Property Valuation 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 2.00% 4.00% 2009 2010 2011 2012 2013 2014 Change in Assessed Valuation Per Pupil Change in Aggregate Property Valuation Copyright 2013 Public Finance Resources, Inc. Local Property Tax Supplement 2
Property Valuation Trend Your School District Property Valuation by Class 450,000,000 400,000,000 395,698,810 350,000,000 323,365,790 300,000,000 250,000,000 200,000,000 150,000,000 100,000,000 50,000,000 48,813,130 23,093,291 53,940,120 49,734,640 2008 2009 2010 2011 2012 2013 2014 Class I (Res/Ag) Class II (Business) Tangible & Public Utility Pers Prop 2014 Public Utility Personal Property valuation has not been published by ODT 2013 valuation has been carried forward to 2014 Copyright 2013 Public Finance Resources, Inc. Local Property Tax Supplement 3
Property Tax Abstract Ohio Department of Taxation Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
AFFECTS TAX RATE DOES NOT AFFECT TAX RATE Public Finance Resources, Inc. Ernie Strawser, Consultant Your School District 2012 TAX ABSTRACT ernie@pfrcfo.com (614) 732 5948 CLASS I CLASS II www.pfrcfo.com Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Changes by board of revision, board of tax appeals, or courts 4 L - (128,410) - - - - (128,410) - Changes by board of revision, board of tax appeals, or courts 4 B - (249,020) - - - (28,460) (249,020) (28,460) Reappraisal, update, or annual equalization 12 L 65,730 117,490 - - - (8,850) 183,220 (8,850) Reappraisal, update, or annual equalization 12 B (25,910) (530) - - - (12,460) (26,440) (12,460) TOTAL CHANGE: 39,820 (260,470) - - - (49,770) (220,650) (49,770) CLASS I CLASS II Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Value of buildings destroyed or demolished 1 B (25,740) (130,590) - - - (60,560) (156,330) (60,560) Change in mineral (depletion, discovery) 2 L - - - - - - - - Value of new construction 3 B 57,120 2,337,910 - - - 93,940 2,395,030 93,940 Changes in exempt property 5 L - (11,550) - - - (257,560) (11,550) (257,560) Changes in exempt property 5 B - (31,420) - - - (3,796,790) (31,420) (3,796,790) Reclassifications between real property and TPP 6 L - - - - - - - - Reclassifications between real property and TPP 6 B - - - - - - - - All reclassified real property 7 L (347,970) 313,160 - - - 34,810 (34,810) 34,810 All reclassified real property 7 B (21,650) 21,650 - - - - - - CAUV loss or recoupment 8 L 162,800 - - - - - 162,800 - Omitted property 9 L - - - - - - - - Omitted property 9 B - 480 - - - - 480 - Annexation 10 L - - - - - - - - Annexation 10 B - - - - - - - - Miscellaneous 11 L 158,690 172,040 110 - - (16,210) 330,730 (16,100) Miscellaneous 11 B 24,170 (76,400) - 2,390,900-300 (52,230) 2,391,200 TOTAL CHANGE: 7,420 2,595,280 110 2,390,900 - (4,002,070) 2,602,700 (1,611,060) Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total net increase or decrease 13 L 39,250 462,730 110 - - (247,810) 501,980 (247,700) Total net increase or decrease 13 B 7,990 1,872,080-2,390,900 - (3,804,030) 1,880,070 (1,413,130) Previous year's value 14 L 40,681,120 70,908,600 2,320-693,000 9,438,730 111,589,720 10,134,050 Previous year's value 14 B 25,877,270 211,052,540-17,409,670 3,325,680 22,359,310 236,929,810 43,094,660 Total acres of agricultural class 15 L 78,333 - - - - - 78,333 - Total Land 16 L 40,720,370 71,371,330 2,430-693,000 9,190,920 112,091,700 9,886,350 Total Building 17 B 25,885,260 212,924,620-19,800,570 3,325,680 18,555,280 238,809,880 41,681,530 Total Value 18 T 66,605,630 284,295,950 2,430 19,800,570 4,018,680 27,746,200 350,901,580 51,567,880 1) Value of buildings destroyed or demolished; 6) Reclassifications between real property and tangible personal property; 11) Miscellaneous; 17) Total building; 2) Change in mineral (depletion, discovery); 7) All reclassified real property; 12) Reappraisal, update, or annual equalization; 16) Total land; 3) Value of new construction; 8) Current agricultural use valuation (CAUV) loss or recoupment; 13) Total net increase or decrease; 18) Total value. 4) Changes by board of revision, board of tax appeals, or courts; 9) Omitted property; 14) Previous year's value; 5) Changes in exempt property; 10) Annexation; 15) Total acres of agricultural class; AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total Year's Previous Value 66,558,390 281,961,140 2,320 17,409,670 4,018,680 31,798,040 348,519,530 53,228,710 Reappraisal/BOR Change 39,820 (260,470) - - - (49,770) (220,650) (49,770) Rate Change Factor due to BOR/Reapp 0.0598% -0.0925% 0.0000% 0.0000% 0.0000% -0.1568% -0.0634% -0.0936% Year-over-Year Change due to BOR/Reapp 0.0598% -0.0924% 0.0000% 0.0000% 0.0000% -0.1565% -0.0633% -0.0935% New Construciton and Other Change 7,420 2,595,280 110 2,390,900 - (4,002,070) 2,602,700 (1,611,060) % Change due to New Construction and Other 0.0111% 0.9204% 4.7414% 13.7332% 0.0000% -12.5859% 0.7468% -3.0267% Valuation Source: Ohio Department of Taxation Public Finance Resources, Inc. 2013
AFFECTS TAX RATE DOES NOT AFFECT TAX RATE Public Finance Resources, Inc. Ernie Strawser, Consultant Your School District 2013 TAX ABSTRACT ernie@pfrcfo.com (614) 732 5948 CLASS I CLASS II www.pfrcfo.com Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Changes by board of revision, board of tax appeals, or courts 4 L (365,350) (16,130) - - - (47,790) (381,480) (47,790) Changes by board of revision, board of tax appeals, or courts 4 B (34,680) (206,790) - - - (26,700) (241,470) (26,700) Reappraisal, update, or annual equalization 12 L 2,289,480 310,390 (630) - 527,000 (1,160) 2,599,870 525,210 Reappraisal, update, or annual equalization 12 B (124,280) 29,550 - - - - (94,730) - TOTAL CHANGE: 1,765,170 117,020 (630) - 527,000 (75,650) 1,882,190 450,720 CLASS I CLASS II Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Value of buildings destroyed or demolished 1 B (62,120) (175,010) - - (3,080) - (237,130) (3,080) Change in mineral (depletion, discovery) 2 L - - - - - - - - Value of new construction 3 B 161,170 4,204,410 - - 1,018,030 134,270 4,365,580 1,152,300 Changes in exempt property 5 L - - - - - - - - Changes in exempt property 5 B - - - - (604,350) - - (604,350) Reclassifications between real property and TPP 6 L - - - - - - - - Reclassifications between real property and TPP 6 B - - - - - - - - All reclassified real property 7 L (125,760) 132,590 - - - (6,830) 6,830 (6,830) All reclassified real property 7 B (149,550) 150,620 - - - (1,070) 1,070 (1,070) CAUV loss or recoupment 8 L 550,960 - - - - - 550,960 - Omitted property 9 L - - - - - - - - Omitted property 9 B - - - - - - - - Annexation 10 L - - - - - - - - Annexation 10 B - - - - - - - - Miscellaneous 11 L (65,370) (25,830) - - (696,490) 29,670 (91,200) (666,820) Miscellaneous 11 B (79,650) (68,890) - 1,416,830 - - (148,540) 1,416,830 TOTAL CHANGE: 229,680 4,217,890-1,416,830 (285,890) 156,040 4,447,570 1,286,980 Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total net increase or decrease 13 L 2,283,960 401,020 (630) - (169,490) (26,110) 2,684,980 (196,230) Total net increase or decrease 13 B (289,110) 3,933,890-1,416,830 410,600 106,500 3,644,780 1,933,930 Previous year's value 14 L 40,720,370 71,371,330 2,430-693,000 9,190,920 112,091,700 9,886,350 Previous year's value 14 B 25,885,260 212,924,620-19,800,570 3,325,680 18,555,280 238,809,880 41,681,530 Total acres of agricultural class 15 L 78,376 - - - - - 78,376 - Total Land 16 L 43,004,330 71,772,350 1,800-523,510 9,164,810 114,776,680 9,690,120 Total Building 17 B 25,596,150 216,858,510-21,217,400 3,736,280 18,661,780 242,454,660 43,615,460 Total Value 18 T 68,600,480 288,630,860 1,800 21,217,400 4,259,790 27,826,590 357,231,340 53,305,580 1) Value of buildings destroyed or demolished; 6) Reclassifications between real property and tangible personal property; 11) Miscellaneous; 17) Total building; 2) Change in mineral (depletion, discovery); 7) All reclassified real property; 12) Reappraisal, update, or annual equalization; 16) Total land; 3) Value of new construction; 8) Current agricultural use valuation (CAUV) loss or recoupment; 13) Total net increase or decrease; 18) Total value. 4) Changes by board of revision, board of tax appeals, or courts; 9) Omitted property; 14) Previous year's value; 5) Changes in exempt property; 10) Annexation; 15) Total acres of agricultural class; AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total Year's Previous Value 66,605,630 284,295,950 2,430 19,800,570 4,018,680 27,746,200 350,901,580 51,567,880 Reappraisal/BOR Change 1,765,170 117,020 (630) - 527,000 (75,650) 1,882,190 450,720 Rate Change Factor due to BOR/Reapp 2.5818% 0.0411% -35.0000% 0.0000% 11.5934% -0.2734% 0.5335% 0.8665% Year-over-Year Change due to BOR/Reapp 2.6502% 0.0412% -25.9259% 0.0000% 13.1138% -0.2726% 0.5364% 0.8740% New Construciton and Other Change 229,680 4,217,890-1,416,830 (285,890) 156,040 4,447,570 1,286,980 % Change due to New Construction and Other 0.3448% 1.4836% 0.0000% 7.1555% -7.1140% 0.5624% 1.2675% 2.4957% Valuation Source: Ohio Department of Taxation Public Finance Resources, Inc. 2013
AFFECTS TAX RATE DOES NOT AFFECT TAX RATE Public Finance Resources, Inc. Ernie Strawser, Consultant Your School District 2014 TAX ABSTRACT ernie@pfrcfo.com (614) 732 5948 CLASS I CLASS II www.pfrcfo.com Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Changes by board of revision, board of tax appeals, or courts 4 L - - - - - - - - Changes by board of revision, board of tax appeals, or courts 4 B - - - - - - - - Reappraisal, update, or annual equalization 12 L 39,525,410 776,680 190-201,180 (94,120) 40,302,090 107,250 Reappraisal, update, or annual equalization 12 B (648,760) (5,352,810) - - (37,830) (396,100) (6,001,570) (433,930) TOTAL CHANGE: 38,876,650 (4,576,130) 190-163,350 (490,220) 34,300,520 (326,680) CLASS I CLASS II Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Value of buildings destroyed or demolished 1 B (96,900) (480,430) - - - (29,760) (577,330) (29,760) Change in mineral (depletion, discovery) 2 L - - - - - - - - Value of new construction 3 B 290,390 4,437,500 - - 4,560 48,920 4,727,890 53,480 Changes in exempt property 5 L (64,610) 1,450 - - - (26,800) (63,160) (26,800) Changes in exempt property 5 B (29,210) - - - - (5,260) (29,210) (5,260) Reclassifications between real property and TPP 6 L - - - - - - - - Reclassifications between real property and TPP 6 B - - - - - - - - All reclassified real property 7 L (815,220) 824,010 - - - (8,790) 8,790 (8,790) All reclassified real property 7 B (264,980) 275,890 - - - (10,910) 10,910 (10,910) CAUV loss or recoupment 8 L 10,200 - - - - - 10,200 - Omitted property 9 L - - - - - - - - Omitted property 9 B - 68,790 - - - - 68,790 - Annexation 10 L - - - - - - - - Annexation 10 B - - - - - - - - Miscellaneous 11 L - 12,030 - - 59,320 (74,450) 12,030 (15,130) Miscellaneous 11 B (810) (1,150) - 1,080,520 - (76,130) (1,960) 1,004,390 TOTAL CHANGE: (971,140) 5,138,090-1,080,520 63,880 (183,180) 4,166,950 961,220 Line Flag AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total net increase or decrease 13 L 38,655,780 1,614,170 190-260,500 (204,160) 40,269,950 56,530 Total net increase or decrease 13 B (750,270) (1,052,210) - 1,080,520 (33,270) (469,240) (1,802,480) 578,010 Previous year's value 14 L 43,004,330 71,772,350 1,800-523,510 9,164,810 114,776,680 9,690,120 Previous year's value 14 B 25,596,150 216,858,510-21,217,400 3,736,280 18,661,780 242,454,660 43,615,460 Total acres of agricultural class 15 L 77,964 - - - - - 77,964 - Total Land 16 L 81,660,110 73,386,520 1,990-784,010 8,960,650 155,046,630 9,746,650 Total Building 17 B 24,845,880 215,806,300-22,297,920 3,703,010 18,192,540 240,652,180 44,193,470 Total Value 18 T 106,505,990 289,192,820 1,990 22,297,920 4,487,020 27,153,190 395,698,810 53,940,120 1) Value of buildings destroyed or demolished; 6) Reclassifications between real property and tangible personal property; 11) Miscellaneous; 17) Total building; 2) Change in mineral (depletion, discovery); 7) All reclassified real property; 12) Reappraisal, update, or annual equalization; 16) Total land; 3) Value of new construction; 8) Current agricultural use valuation (CAUV) loss or recoupment; 13) Total net increase or decrease; 18) Total value. 4) Changes by board of revision, board of tax appeals, or courts; 9) Omitted property; 14) Previous year's value; 5) Changes in exempt property; 10) Annexation; 15) Total acres of agricultural class; AG RES MINERAL REAL RAILROAD INDUSTRIAL COMMERCIAL CLASS I TOTAL CLASS II TOTAL Total Year's Previous Value 68,600,480 288,630,860 1,800 21,217,400 4,259,790 27,826,590 357,231,340 53,305,580 Reappraisal/BOR Change 38,876,650 (4,576,130) 190-163,350 (490,220) 34,300,520 (326,680) Rate Change Factor due to BOR/Reapp 36.1720% -1.6110% 9.5477% 0.0000% 3.6931% -1.7933% 8.7606% -0.6166% Year-over-Year Change due to BOR/Reapp 56.6711% -1.5855% 10.5556% 0.0000% 3.8347% -1.7617% 9.6018% -0.6128% New Construciton and Other Change (971,140) 5,138,090-1,080,520 63,880 (183,180) 4,166,950 961,220 % Change due to New Construction and Other -1.4156% 1.7802% 0.0000% 5.0926% 1.4996% -0.6583% 1.1665% 1.8032% Valuation Source: Ohio Department of Taxation Public Finance Resources, Inc. 2015
District Tax Rates by Levy and Year over Year Comparison Your School District Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
District Tax Rates by Levy 2014 *reconciliation on "Financials" tab District Name Levy Year Levy Name Public Finance Resources, Inc. PO Box 1822 Columbus, OH 43216 (614) 732 5948 www.pfrcfo.com Voted Class I Rate Class II Rate Tax Rate YOUR SCHOOL DISTRICT. GENE GENERAL FUND 1.40 1.4000 1.4000 YOUR SCHOOL DISTRICT. PERM PERMANENT IMPROVEMENT 2.30 2.3000 2.3000 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 12.20 10.6535 10.9703 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 3.90 3.4056 3.5069 YOUR SCHOOL DISTRICT 1977 CURR CURRENT EXPENSE 5.20 4.5408 4.6759 YOUR SCHOOL DISTRICT 1999 BOND BOND ($22,850,666) 3.00 3.0000 3.0000 YOUR SCHOOL DISTRICT 2006 BOND BOND ($21,500,000) 3.00 3.0000 3.0000 2013 *input on "modeling" tab District Name Levy Year Levy Name Voted Class I Rate Class II Rate Tax Rate YOUR SCHOOL DISTRICT GENE GENERAL FUND 1.40 1.4000 1.4000 YOUR SCHOOL DISTRICT PERM PERMANENT IMPROVEMENT 2.30 2.3000 2.3000 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 12.20 10.6535 10.9042 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 3.90 3.4056 3.4858 YOUR SCHOOL DISTRICT 1977 CURR CURRENT EXPENSE 5.20 4.5408 4.6477 YOUR SCHOOL DISTRICT 1999 BOND BOND ($22,850,666) 3.40 3.4000 3.4000 YOUR SCHOOL DISTRICT 2006 BOND BOND ($21,500,000) 3.40 3.4000 3.4000 2012 District Name Levy Year Levy Name Voted Class I Rate Class II Rate Tax Rate YOUR SCHOOL DISTRICT 0 GENE GENERAL FUND 1.40 1.4000 1.4000 YOUR SCHOOL DISTRICT 0 PERM PERMANENT IMPROVEMENT 2.30 2.3000 2.3000 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 12.20 10.6603 10.9993 YOUR SCHOOL DISTRICT 1976 CURR CURRENT EXPENSE 3.90 3.4078 3.5162 YOUR SCHOOL DISTRICT 1977 CURR CURRENT EXPENSE 5.20 4.5437 4.6882 YOUR SCHOOL DISTRICT 1999 BOND BOND ($22,850,666) 3.40 3.4000 3.4000 YOUR SCHOOL DISTRICT 2006 BOND BOND ($21,500,000) 3.40 3.4000 3.4000 Tax Rate Source: Ohio Department of Taxation
DISTRICT TAX RATES BY LEVY YOUR SCHOOL DISTRICT Public Finance Resources, Inc. PO Box 1822 Columbus, OH 43216 (614) 732 5948 www.pfrcfo.com District Name Levy Year Levy Name Voted Tax Rate % Change in Effective Rates 2012 2013 2014 2012-2013 2013-2014 Class I Rate Class II Rate Class I Rate Class II Rate Class I Rate Class II Rate YOUR SCHOOL DISTRICT 0 GENERAL FUND 1.40 1.4000 1.4000 1.4000 1.4000 1.4000 1.4000 0.00% 0.00% 0.00% 0.00% YOUR SCHOOL DISTRICT 0 PERMANENT IMPROVEMENT 2.30 2.3000 2.3000 2.3000 2.3000 2.3000 2.3000 0.00% 0.00% 0.00% 0.00% YOUR SCHOOL DISTRICT 1976 CURRENT EXPENSE 12.20 10.6603 10.9993 10.6535 10.9042 10.6535 10.9703-0.06% -0.86% 0.00% 0.61% YOUR SCHOOL DISTRICT 1976 CURRENT EXPENSE 3.90 3.4078 3.5162 3.4056 3.4858 3.4056 3.5069-0.06% -0.86% 0.00% 0.61% YOUR SCHOOL DISTRICT 1977 CURRENT EXPENSE 5.20 4.5437 4.6882 4.5408 4.6477 4.5408 4.6759-0.06% -0.86% 0.00% 0.61% YOUR SCHOOL DISTRICT 1999 BOND ($22,850,666) 3.40 3.4000 3.4000 3.4000 3.4000 3.0000 3.0000 0.00% 0.00% -11.76% -11.76% YOUR SCHOOL DISTRICT 2006 BOND ($21,500,000) 3.40 3.4000 3.4000 3.4000 3.4000 3.0000 3.0000 0.00% 0.00% -11.76% -11.76% 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a 0 0 0 0.00 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 n/a n/a n/a n/a Class I Rate % Change 09 10 Class II Rate % Change 09 10 Class I Rate % Change 09 10 Class II Rate % Change 09 10 Public Finance Resources, Inc. 2012
Cost In Perspective Your School District Daily Cost and Local Share Supplement Public Finance Resources, Inc. PO Box 1822 Columbus, Ohio 43216 614 732 5948 www.pfrcfo.com Matt Bunting, Consultant Ryan Ghizzoni, Consultant Stacy Overly, Consultant Mike Sobul, Consultant Ernie Strawser, Consultant Debra Hoelzle, COO Copyright 2013 Public Finance Resources, Inc. April 15, 2015
Average Daily Cost to Educate a Child $70 Includes all costs associated with the operation of a school: heating, cooling, cleaning, teachers, aides, librarians, principals, secretaries, transportation, food service, technology, computers, textbooks, counselors, staff training, nursing, life safety, special education needs, printing, data processing, compliance, music, art, physical education, Etc. Costs are based upon a 180 day school year. $60 $50 $40 $49.40 $50.32 $50.49 $48.75 $47.27 $51.10 $30 $20 $48.31 $51.46 $53.38 $51.52 $49.19 $53.89 $10 $0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Total Daily Per Pupil Cost Over/(Under) Most Similar Average $1.14 $2.89 $2.76 $1.92 $2.80 $1.09 2009 2010 2011 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 1
Residential Taxpayer Share of Daily Cost Residential share includes the operating millage x residential valuation. It also includes all income tax revenue per pupil. $30 $25 $20 $20.03 $15 $15.51 $15.48 $15.39 $16.85 $17.75 $10 $5 $13.06 $12.65 $12.94 $13.11 $13.50 $17.84 $0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Residential Share of Total Per Pupil Daily Cost Over/(Under) Most Similar Avg. $2.45 $2.83 $2.45 $3.75 $4.25 $2.19 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 2
Daily Cost per Pupil Building Principals & Secretaries, Central Office, Printing, Technology, Data Processing $9 $8 $7 $6 $6.23 $6.45 $5 $5.52 $4 $3 $6.88 $7.08 $7.06 $2 $1 $0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Bldg Principals, Secy, Central Office, etc. Cost Over/(Under) Most Similar Avg. $1.36 $0.85 $0.61 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 3
Daily Cost per Pupil Building Operating Systems, Transportation, Food Service, Etc. Includes heating and cooling systems, buses and transportation, food service operations, maintenance and cleaning, utilities, garbage pick up, lawn mowing, snow removal, roofs, Etc. $14 $12 $10 $8 $9.40 $8.76 $9.68 $6 $4 $11.33 $10.45 $11.40 $2 $0 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Building Operations Daily Cost Over/(Under) Most Similar Average $1.92 $1.69 $1.72 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 4
Daily Instructional Cost per Pupil Teachers, Counselors, Librarians, Media, Aides, Textbooks, Computers, Etc. $45 $40 $35 $30 $33.22 $34.05 $33.99 $32.53 $31.04 $33.28 $25 $20 $15 $31.45 $33.03 $33.68 $32.32 $31.14 $34.91 $10 $5 $0 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Instructional Daily Cost Over/(Under) Most Similar Average $0.09 $1.63 $1.77 $1.02 $0.31 $0.21 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 5
Daily Cost per Pupil Teacher Training & Licensure $4 $4 $3 $3 $2 $2 $1.69 $1 $1 $0 $1.32 $1.18 $1.14 $1.15 $1.30 $1.24 $1.17 $1.19 $0.99 $0.53 $0.53 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Average of 5 Most Similar Daily Per Pupil Teacher Training Cost Over/(Under) Most Similar Average $0.14 $0.03 $0.04 $0.31 $0.71 $1.16 2009 2010 2011 2012 2013 2014 Fiscal Year Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 6
Average Daily Cost to Educate a Child, 2014, and Local Residential Taxes as Share of that Cost Includes all costs associated with the operation of a school: heating, cooling, cleaning, teachers, aides, librarians, principals, secretaries, transportation, food service, technology, computers, textbooks, counselors, staff training, nursing, life safety, special education needs, printing, data processing, compliance, music, art, physical education, Etc. Costs are based upon a 180 day school year. Resident share includes local residential valuation multiplied by the district's operating tax millage divided by the EFM ADM, plus any income tax per pupil (Cupp Profile). $70 $60 $53.89 $50 $40 $30 $20 $17.84 $10 $0 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 The Average Daily Cost to Educate a Child Local Residential Tax Share of the Daily Cost Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 7
Allocation of Daily Cost to Educate a Child Your School District, 2014 The annual per pupil cost serves as the basis for the daily cost calulations presented below. The calculations are based upon a 180 day school year. Instructional PPE and Pupil Support are combined for this analysis Classroom support Special Needs Aides and Teacher Training & Licensure, $0.53 Building Principals & Secretaries, Central Office, Printing, Technology, Data Processing, $7.06 Teachers, Counselors, Librarians, Media, Aides, Textbooks, Computers, Etc., $34.91 Building Operating Systems, Cleaning, Maintenance, Transportation, Food Service, Etc., $11.40 Daily Cost = $53.89 Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 8
Local Taxpayer Effort Local taxpayer effort is a comparison of local taxes relative to resident average district income. The effort provides a measurement of local school taxes as a % of income and is presented in a ratio relative to the state as a whole. The state ratio is 1.0. In a district with a Local Taxpayer Effort greater than 1.0 the residents are providing above state average local tax effort for its school. A Local Tax Effort less than 1.0 reflects less local tax effort than the state as a whole. 1.40 1.20 1.00 0.94 0.99 0.94 0.89 0.88 0.88 0.97 0.80 0.60 0.40 1.02 1.04 0.93 0.87 0.90 0.96 1.13 0.20 0.00 2008 2009 2010 2011 2012 2013 2014 Your School District Comparable District 1 Comparable District 2 Comparable District 3 Comparable District 4 Similar District Average State Average 0.20 0.15 0.10 0.05 0.00 0.05 Local Taxpayer Effort Over/(Under) Similar Districts 7.6% 4.8% 2.4% 7.4% 15.3% 1.4% 2.8% 2008 2009 2010 2011 2012 2013 2014 Your School District Copyright 2013 Public Finance Resources, Inc. Daily Cost and Local Share Supplement 9
The Public Finance Resources Team Matt Bunting, Consultant, has over 25 years of experience in the public finance sector. This includes 15 plus years as a school district treasurer, and 11 years with the Auditor of State where he led financial, legal compliance, and Federal single audits of government entities. Matt has served as interim school treasurer several times, as well as worked with Ernie and Stacy to test their forecasting software and instruct at their yearly seminars. He holds an Associates Degree in Accounting from Hocking College, and is a Certified Government Financial Manager. Ryan Ghizzoni, Consultant, began his career with the Auditor of State s Office and has served as a school district treasurer for the past 10 years. During his career, he has been the recipient of six Association of School Business Officials International Meritorious Budget Awards and was the recipient of the Ohio Association of School Business Officials 2011 Outstanding Treasurer of the Year Award. Ryan holds a Bachelors of Business Administration from the Youngstown State University, and is a Certified Administrator of School Finance and Operations. Debra Hoelzle, Chief Operations Officer, provides direct services to clients, and oversees the day-to-day operations of PFR. She brings with her operational experience from both the public and private sectors, including a school district and multiple corporations in the financial services industry. Debra holds her Masters of Business Administration from Ohio University, and her Bachelors of Science in Business Administration from The Ohio State University. Stacy Overly, Consultant, provides direct financial services to clients. He has over 20 years of experience serving as school district treasurer, including 15 plus years of developing financial forecasting tools, and providing instruction and training opportunities attended and used by over two hundred of Ohio s public school treasurers. Stacy works with clients to analyze trends and review local economic data to help determine a long-term operating strategy for the organization. He holds his Masters of Business Administration and his Bachelors of Business Administration in Finance from Ohio University. Mike Sobul, Consultant, brings 30 years of experience in public finance and tax analysis. Currently a school district treasurer, Mike spent nearly 25 years with the Ohio Department of Taxation where he led revenue forecasting efforts and provided analysis, training, and fiscal services to schools and local governments. Mike holds a Masters Degree in Public Policy from the University of Michigan and a Bachelors Degree in Economics and Political Science from Wittenberg University. Ernie Strawser, Consultant, provides direct services to our public finance clients. He has over 30 years of public finance experience as a CFO, consultant, and developer and instructor of financial forecasting techniques and tools which have been used by over two hundred Ohio school district CFOs. Ernie works with clients to facilitate their understanding of local financial results, trends, and strategies. He holds both a Masters of Science in Administration from Central Michigan University and a Bachelor of Science in Finance from Ohio University. PUBLIC FINANCE RESOURCES: EMPOWERING THE PUBLIC'S FINANCIAL LEADERS 2