11. IT’S UP TO US… To be financially responsible with your tax dollars. Source – Ohio Dept. Education
12.
13.
14.
15.
16.
17.
18.
19.
20. The Effects of Ohio’s School Funding Structure and Unfunded Mandates
21.
22. Understanding House Bill 920 LEVY HISTORY YEAR VOTED Voted Millage Effective Millage 1976 and Prior 31.2 mills 7.28 mills 1981 7.1 mills 2.15 mills 1986 4.9 mills 2.08 mills 1990 6.8 mills 3.41 mills 1994 5.5 mills 3.65 mills 1998 5.3 mills 4.12 mills 2003 5.5 mills 4.85 mills 2006 5.5 mills 5.25 mills
23.
24.
25. Seeking every dollar in Revenue The State decides how much districts are paid. * Reimbursement begins at $27, 375 for some students. Other reimbursements are determined by disability. Submission to state for special education reimbursement Submitted Amount Received 2008-2009 2010 $335,409.74 May 2010 2007-2008 2009 $607,884.95 $171,086.51 2006-2007 2008 $435,476.13 $131,054.02 2005-2006 2006 $663,173.63 $214,653.53 2004-2005 2005 $664,038.20 $141,258.63
26.
27. Looking Forward: The passage of this levy must be combined with responsible cost containment for long-term success. YEAR END BALANCES 2010-2011 2011-2012 2012-2013 WITH LEVY $9 million $6.8 million $1 million WITHOUT LEVY $7 million - $1.7 million - $13 million
28.
29.
30. QUESTIONS? If you have questions about the May 4, 2010 Operating Levy, please contact: Superintendent Steve Farnsworth : 330-653-1216 | [email_address] Treasurer Bart Griffith: 330-653-1270 | [email_address] Levy information available online at www.hudson.edu Click on “Levy”