Treasurer

Treasurer's Office


Treasurer - Carrie Bir   937-289-1062

Human Resources / Administrative Assistant -   Payroll - 
        Jessica Smith 
937-289-2471 Terri Binau   937-289-1063

EMIS / District Registrar -   Accounts Payable & Account Receivable - 
Desiree Osborn
   
937-289-1072 Nikki Deters   937-289-1083


FIVE YEAR FORECASTS


November 2022 Five Year Forecast May 2023 Five Year Forecast

November 2023 Five Year Forecast May 2024 Five Year Forecast

AUDIT HISTORY

Our FY23 audit has been posted and can be found on the State Auditor's Website. (Type Massie in the Entity Name or Report Title box; choose School as the Entity Type; choose Clinton for the County; choose a specific Fiscal Year if you wish.  Audits go back to the 1998-1999 school year.) 

DISTRICT EXPENSES

To take a look at our expenses, please see  Ohio Checkbook

STATE FUNDING


Explanation of the Fair School Funding Plan (HB 110) applied in 2021-2022

CURRENT FINANCIAL STATE
We have been placed in a Precautionary Fiscal State due to our low general fund balance in FY25 and a negative general fund balance in FY26. We completed, Board approved, and submitted the required Written Plan and Narrative.

End of April 2024, our bank statements looked like this:

Daily Operations = $3,586,411.55

Investments = $1,732,969.99
We have received our tax settlement from Clinton County in March and Warren County's in April. Our settlement from Clinton County was $670,346.71 more than we received last spring. (The forecast includes an $826,577 increase.) The Clinton County Auditor is showing us receiving $1.3 million more form the recent reappraisal. We receive fall and spring tax payments, so those are split between our fiscal years. The forecast includes a $1.6 million increase from FY23 to FY25. (The additional $300k is predicted from the Warren County reappraisal in 2024.)
2023 is a reappraisal year for Clinton County and 2024 is a reappraisal year for Warren County. Taxes will not increase that much, just the actual property values. There are exemptions that residents qualify for as well as different millage rates. Speaking of rates, our bond millage rate is decreasing from 1.5 to 1.2.

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.  2024 will be the last year your income will be taxed under this levy. The renewal we sought in March 2024 failed, so we are determining how much we will be asking for on the November 2024 ballot.
COVID FUNDING From 2021 - 2024, we were allocated $2,895,435.08 total monies granted through various Coronavirus Relief Efforts.  This money could only be used to prepare, prevent, or respond to the COVID-19 pandemic unless otherwise specified.   We used our Coronavirus Relief / ESSER money ($2,244,882.56) for hotspots and chromebooks with hotspots; campus-wide Wi-Fi; (along with the $551,466.16 in BroadBand Ohio Connectivity dollars); salaries for social workers, technology assistants, cafeteria (while there was no incoming revenue March - May 2020 yet we still were providing meals), teachers specifically addressing learning loss, summer school intervention; the unsafe portion of our Annex demolition; disinfecting/sanitizing supplies; PPE; 2 buses; HVAC repair; Chiller replacement; and a school-based health center.  We used our ARP Homeless and IDEA money ($100,256.52) for a Homeless Resource Navigation Pilot program to address financial instability and homelessness and additional staff and more training to better handle the needs of our Kindergarten through second grade special needs students.  We have spent all of this money by the end of the school year in June of 2023. We greatly appreciate the Clinton County Commissioners and Massie Township Trustees for granting us some of their Coronavirus Relief funds as well!



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