Year in Review Board Meeting December 14, 2015 Year in Review - - PowerPoint PPT Presentation

Year in Review Board Meeting December 14, 2015

Year in Review

January – July Planning & implement cuts and budget reductions –

• Keep focus on educational program as priority
• Cuts to administration, athletics, classified first
• Planning for restructuring – redesigning services
• Community donors provide Scholarship Fund

Partnership with Unions for contract changes

• New contracts include salary and health care changes

saving millions of dollars in the forecast

Year in Review

July – December July

• Reductions and contract changes result in stable

finances for five years

• Board begins to discuss rebuilding educational

services with restraint

• Board decides not to seek new levy

August – October

• Discussion of new positions in the forecast to address

class size issues and gifted & reading intervention needs

• Board approves forecast with restoration of 25

teaching positions over the next two FY while maintaining a positive cash balance for five years

Year in Review

Highlights of Performance Finances

• Nov. 2015 - Moody and S & P retain district rating
• Moody’s notes management response to levy

failure critical factor in retaining excellent Bond Rating

• Treasurer & Finance Team recognized
• Distinguished Service Award presented by the

Ohio Association of School Business Officials

• Ohio Auditor of State Award of Distinction for

Excellence in financial reporting

• Government Finance Officers Association (GFOA) –

Excellence in financial reporting

Year in Review

Highlights of Performance Students

• AP Honor Roll – 5th Straight Year
• 100% meet 3rd grade Reading Guarantee
• Highest number of National Merit Scholars in history
• Highest percentage reaching ACT college ready
• Expansion of acceleration and college-level courses

with increased participation

• Reference to the District Quality Profile for more

student and staff achievement