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FY18-19 Biennial Budget Bill

Governor Kasich’s biennial budget for FY 2018-19 House Bill 49 has been approved.

Highlights of the biennial budget pertaining to our district are the following:


  1. FOUNDATION FUNDING

·         2018 per pupil base amount of $6,010 and 2019 per pupil base amount of $6,020.

·         Our district continues to be a “formula” district, not a “guaranteed” district.

·         Slight reduction in overall funding of approximately $29,122 for our district in FY18 and FY19.

         2. TRANSPORTATION FUNDING

·         Reduction in funding from the current 50% reimbursement amount ($581,000) to 37.5% ($435,750) in FY18 then to 25% ($290,500) in FY19.

         3.  ENROLLMENT

·         Contributing factor to the reduction in funding.  A 5.5% reduction of in-district enrollment occurred between FY14-FY16.

·         Open Enrollment continues to increase, however, it does not factor into Foundation Funding calculations.  

  1. CURRENT AGRICULTURAL USE VALUE (CAUV)

·         The formula for calculating CAUV values is set to change which will provide a reduction in values and effectively reduce tax revenue.

·         Our district loss is estimated at approximately $34,000 annually once reappraisals are completed (2018) and become effective (2019).


Non House Bill 49 items of interest

·         Title I federal grant funding reduction of approximately $26,681 (20% reduction) for FY18.

·         Title II-A federal grant funding reduction of approximately $18,085 (41% reduction for FY18.

·         Bureau of Worker’s Compensation “Third Billion Back” rebate check of $19,368.29 received.  




San-Ott Insurance Consortium meetings

San-Ott Insurance Consortium meetings are scheduled to be held on the 3rd Wednesday of each month at 9:30 a.m. at Vanguard Vocational School administrative offices, 1306 Cedar Street, Fremont Ohio 43420.

FY18 SPECIAL EDUCATION BUDGET PUBLIC HEARING
A public hearing on the fiscal year 2019 Special Education Part B-IDEA Federal grant funding will be held at 5:45 p.m. to 6 p.m. on Tuesday July 17, 2018 prior to the regular monthly board meeting.  At the hearing information on the annual special education budget will be made available for discussion and comments from the general public will be allowed.  

History of Charter/Community School Cost

http://www.nakedcapitalism.com/2017/04/13-questions-scare-charter-school-advocates.html