Accounts Payable & Accounts Receivable -
Nikki Deters 937-289-1083
Payroll - Terri Binau 937-289-1063
May 2022 Five Year Forecast
November 2022 Five Year Forecast
To take a look at our books, please see Ohio Checkbook.
Explanation of CARES/ESSER Money
We were allocated $2,895,435.08 total monies granted through various Coronavirus Relief Efforts. This money can only be used to prepare, prevent, or respond to the COVID-19 pandemic unless otherwise specified. Here is how we have used or plan to use these funds:
CARES/ESSER - $153,192.52 to be used through 9/30/22: hotspots, ~12% of the salaries of our social workers, salary for an additional technology assistant, cafeteria salaries (March - May 2020 when shut down yet preparing food) & serving materials, 2020-21 high school summer school for those needing additional assistance due to learning loss, partial salary for an additional school nurse
ESSER II - $599,544.21 to be used through 9/30/23: unsafe Annex wing demolition, disinfecting/sanitizing supplies & PPE, 2 buses, technology services for remote learning
ARP ESSER III - $1,347,447.51 to be used through 9/30/24: K-2 learning loss teacher, 3-5 learning loss position, 2-3 learning loss teacher, middle school learning loss teacher, high school learning loss teacher, elementary hybrid (remote & in-person) teacher, mental health screener, more tables to expand lunchroom area, HVAC repair, Chiller replacement, and a school-based health center
ARP Homeless - $10,050.18: portion of Homeless Resource Navigation Pilot program to address financial instability and homelessness
ARP IDEA - $83,989.95: additional staff to better handle the needs of our Kindergarten through second grade special needs students
ARP IDEA Early Childhood Special Education - $6,216.39: training for our staff to better handle the needs of our early childhood special needs students
Coronavirus Relief - $100,819.14 to be used through 12/31/21: disinfecting/sanitizing supplies & PPE, new signage for student pick up / drop off and visitors to the buildings, cafeteria serving supplies, tent/sink/table rentals, additional trash cans
BroadBand Ohio Connectivity - $551,466.16 THROUGH 12/31/21: wifi enabled chromebooks along with Verizon service contracts, campus-wide wifi
Coronavirus Relief via Clinton County Commissioners - $40,000 to be used through 12/30/20: wifi enabled chromebooks
Coronavirus Relief via Massie Township Trustees - $3,879.18 to be used through 12/30/20: disinfecting/sanitizing supplies
Explanation of New School Funding Model (HB 110)
Through our Strategic Planning process, it has been brought to my attention that we rated low in knowing the financial status of the district. So I’m aiming to change that! Each month I will give you a little snippet of our accounts and let you know any pertinent financial information.
So at the end of February 2023, our bank statements looked like this:
Daily Operations = $3,733,758.40
Investments = $2,025,284.77.
We have received all of our tax advances, and even a few settlements so we'll have this and our bi-monthly state funding payments through July when the cycle repeats.
This year (2023) is a reappraisal year for Clinton County. Last year's state average increase was 24%.
To give you a frame of reference, it costs our district an average of $460,000 for each payroll (semimonthly), $245,000 for our insurance each month (District side only), and $10,000 for Medicare each month (District side only).
Granted, we get about $324,500 twice a month from State Funding (which in addition covers our STRS/SERS [pensions] each month).
For our income tax, we get quarterly payments at the ends of January, April, July, and October. We received $1,286,564.93 the previous fiscal year (July 2021 - June 2022). We greatly appreciate our community as this helped us end last fiscal year in the black by $550,000!