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About the Treasurer's Office

 
The Treasurer's Office is responsible for the efficient and effective management and transparent reporting of the district's financial resources. Some of the services provided by the Treasurer's Office include:
  • Payroll services
  • Financial accounting
  • Budgeting and forecasting
  • Annual audit and internal auditing
  • Investment of district funds
  • Management of district debt
  • Facilities, property and capital asset management

Ohio Auditor of State Award

 
Financial Data and Other Resources

Financial Update October 2020

As the election dominates the news, this is a good time to reflect on how Marysville School’s last ballot initiative has turned out. Often times you are inundated with facts and figures leading up to the ballot but later on, you might not know what your “yes” vote has done for the district and community. In November of 2018, the community approved our request to renew an existing operating levy and also approved our No New Millage Permanent Improvement Levy (neither were new money levies). With the approval of the operating levy, our taxpayers locked in the 10% rollback reimbursement that they receive from the state, in essence ensuring they maintain the 10% discount received on those taxes. From a district standpoint, this levy allowed us to maintain the staffing and programs that have helped make Marysville one of the top districts in Ohio. By approving the Permanent Improvement Levy, our taxpayers ensured that we would not have to ask for new money until likely 2022 by allowing TIF revenue to be shifted to the General Fund. With increases in Permanent Improvement Fund TIF revenue due to increases in valuation, as well as support from community donors, we were able to build the High School and Middle School stadiums enjoyed by our students and community (and where our Monarch football team locked up an OCC championship this year). 

From a financial standpoint, the great part about all of this is that it was accomplished without raising your tax rates at all. In fact, your school tax rates have actually decreased by over 3 mills in the two years since those levies passed. So as promised, your “yes” vote helped keep your tax rates low while ensuring our students continue to receive a top notch education.

Looking forward, there are two risks to our financial stability that we are closely monitoring. The first is state funding. It’s not just a local secret that our property taxes are low, the state is well aware of this too. The potential problem with this is that a new state funding formula could determine that our community is relatively wealthy based on our strong property values, but at the same time, we are paying less in local property taxes than most districts. This could lead to the state not giving us increases in state funding depending on what the next funding formula looks like. We should have more information on potential formula changes in 2021. The second risk factor is growth. Some of our buildings are close to capacity and significant enrollment growth would lead to the need for additional space and staff. While our enrollment numbers have remained steady, you don’t have to look very far to see that Marysville is growing. How that growth happens has a big impact on school finance. Strictly from a school finance perspective, the best growth is a mix of single family homes and new commercial growth so that the property tax burden is shared. Growth that can be detrimental to school finance could be from multi-unit housing where the number of new students to the school far exceeds tax revenue generated. 

Another factor we watch closely is tax abatement on new commercial growth. This can reduce the amount of property tax the business pays enticing them to build in our community, but at the same time, has a negative impact on the amount of tax revenue the school receives. Both of these factors can have an impact on your residential tax rates.

Marysville Schools offers excellent schools at a great value for our taxpayers. In fact, we have not passed a new money levy since 2008 resulting in Marysville Schools having one of the lowest millage rates in all of Central Ohio. We will continue to make decisions balancing the great education our students deserve with strong financial accountability. Our district and community is better because of your support.

Permanent Improvement Forecast helps protect community investment in our schools

Over the years, our community has invested a lot of money building our schools so that our students will have quality learning facilities. It is our job to ensure that investment is protected and maintained for years to come. One of the ways we are doing that is with the Permanent Improvement Forecast.

The Permanent Improvement (PI) Fund is typically used for items or projects that are more long term in nature, expenses such as school buses, asphalt, technology, building upkeep, and maintenance/custodial equipment to name a few. Through the creation of the PI Forecast, we have a long term planning tool that ensure safe and well maintained facilities and equipment. The PI Forecast makes sure we get the most out of our PI tax dollars and helps the school district stay off the ballot for facilities funding as long as possible.

You’ll be happy to know that the most recent PI Forecast shows that we will not be on the ballot for facilities funding any time soon, and at the same time, the long term planning involved with the forecast has allowed us to accomplish some major projects that were long overdue. One example you are surely aware of if you have been to a football game this year is the ECHS/Stadium parking lot project. This project achieves multiple priorities for the district. The Early College High School is currently made up of freshmen, sophomores, and juniors. Next year there will be a senior class. That means more students driving to school and a greater demand for parking. The parking lot portion of this project will provide a safe parking lot for staff and students. The drainage basins being installed will redirect the flow of water that creates safety issues in the winter time and the pavement will provide a surface our maintenance crew will be able to plow and salt so that it is not as dangerous in the cold winter months. The parking lot will also provide additional, more organized parking for athletic events and community members arriving at our events can appreciate and be proud of the upgraded entrance.

A second priority of this project is the transportation fueling station. The transportation department has long wanted to remove the fueling station from the middle of the parking lot. With this project, the fueling station will be moved to the old tennis courts far away from student parking. The new tank will also allow the district to seek bids for fuel, potentially saving operating dollars.

Finally, a storage barn is being built as part of the project as well. The equipment you have seen parked on the tennis courts will now be able to be housed in an indoor facility. This will help the longevity of our equipment as well as getting rid of an eyesore that can’t be missed on the way to the high school.

With all of the pressures of the daily operations of a school district, it can be easy to lose the long term perspective that some of these facility projects require. Rest assured that we value the community’s investment and the long term preservation of our facilities. The Permanent Improvement Forecast is one way we ensure this always remains a top priority.

Office Staff
937.578.6100
Todd Johnson
Treasurer/CFO 
 
 
Assistant Treasurer

Fiscal Service
Rianne Doi
Accounts Receivable
Sharon Sidders
Accounts Payable
Grace Queen
Payroll 
Sharon Gindlesberger
Payroll

Questions:
Budgetary
Payroll

Levy history shows fiscal responsibility with over a decade between new millage levies

Levy History Link

Revenue, Expenses, and Ending Balance

Awards
2015 business of the year
momentum award 2016
momentum award 2017
momentum award 2018
innovation grant winner
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1000 Edgewood Dr
Marysville, OH 43040
P: 937-578-6100 | F: 937-578-6113
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