Blog

Treasurer Excerpt (9)

Why are Finneytown taxes so high? A question that sometimes comes up is “Why are Finneytown taxes so high?” Finneytown Local School District is committed to maintaining the highest standards of fiscal responsibility and stewardship. So while the cause isn’t waste or inefficiency, there are some very valid reasons for the district’s high tax effort: Small tax base – Finneytown ranks 18 out of 22 districts in Hamilton County in terms of the size of its tax base. Finneytown can …

Read MoreTreasurer Excerpt (9)

Brent Elementary Students Field Trip for Pumpkins

In early October, Brent Elementary students and teachers enjoyed a short fall field trip to Uncle Bill’s Garden Center. Uncle Bill and his staff graciously welcomed the students and taught about the different types of pumpkins and gourds. He provided some fun facts for the students – Did you know that gourds were used for practical purposes like baby rattles, spoons and candle holders? Did you know that no matter what size a pumpkin is that it takes the same …

Read MoreBrent Elementary Students Field Trip for Pumpkins

Treasurer Excerpts (8)

FINNEYTOWN LOCAL SCHOOL DISTRICT COMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE Fiscal Year 2018-2019 General Fund Bond Retirement Perm Improvement All Other Funds Total All Funds Beginning Balance 6,323,727 714,161 356,613 761,049 8,155,550  Revenues Local Taxes 9,938,344 917,131 221,807 0 11,077,282 Tuition, Fees & Interest 1,450,567 14 3 828,303 2,278,887 State of Ohio Support 9,079,837 141,892 33,188 1,706,446 10,961,363 Federal Grants 39,531 0 0 960,709 1,000,240 Total Revenues 20,508,278 1,059,038 254,998 3,495,458 25,317,772         …

Read MoreTreasurer Excerpts (8)

Excerpts from Treasurer (7)

What is the difference between an Operating Levy, Permanent Improvement Levy and Bond Issue? Finneytown Local School District utilizes the following three types of local tax revenue options: Operating levy A voted local property tax The primary vehicle used to raise local funds for a district’s General Fund (001) Can be used to pay normal, day-to-day operating expenses of a school district such as salaries, fringe benefits, utilities, instructional supplies and equipment Finneytown collects $9,938,000 annually. Permanent Improvement Levy A …

Read MoreExcerpts from Treasurer (7)

Excerpts from Treasurer (6)

Why is the Board bringing this proposal to the community now? There has never been a better time to more affordably replace our outdated, inefficient and expensive to maintain buildings with newly constructed school buildings. Here is a “By the Numbers” look at why: 1) 27.8 million The amount of money in dollars the state of Ohio will give Finneytown Local School District (FLSD) to construct a brand new K-6 elementary school and 7-12 high school/middle school. 2) 60 The …

Read MoreExcerpts from Treasurer (6)

Excerpts from Treasurer (5)

Finneytown Master Plan project details This proposal calls for the construction of the Master Plan in two distinct phases. Assuming passage of the bond issue in November 2019, Phase I would begin in the spring of 2020. Phase II would begin approximately two to three years later, when the state legislature is projected to fund the next round of OFCC projects. Phase I Project: New grade K-6 elementary building                                            $22,077,095 5% contingency (upgraded finishes)                                           $ 1,175,566 Charles McNulty Stadium synthetic turf installation           $ …

Read MoreExcerpts from Treasurer (5)

Excerpts from Treasurer (4)

What facilities Master Plan did Finneytown final approve? The initial, co-funded OFCC Master Plan recommendation is the baseline from which each district molds a final Master Plan solution, taking into consideration the unique values, needs and desires of the local community. This is done by adding Locally Funded Initiatives (LFIs). LFIs are spaces that are secondary to the classroom that OFCC will integrate into the overall master plan, but for which it will not share the cost. LFI examples include …

Read MoreExcerpts from Treasurer (4)

Excerpts from Treasurer Newsletter (3)

What is Finneytown’s baseline Master Plan?  How much of the total building project cost is OFCC willing to pay? The Master Plan is the comprehensive plan for repairing and/or replacing the education facilities of a district. A Finneytown Local School District Master Plan was developed by the OFCC after Expedited Local Partnership Program (ELPP) acceptance. This Master Plan took into consideration program guidelines, design manual requirements and the following information and factors: Finneytown building assessment reports Finneytown student enrollment projections …

Read MoreExcerpts from Treasurer Newsletter (3)