Bootcamp 2022: Essentials of School Funding & Finance
- Registration Closed
Date: 07.15.2022 and 07.18.2022 (Friday/Monday)
Location: OASBO Conference Center, 98 Commerce Park Drive, Westerville, OH 43082; and Online
Cost: Member $200 | Non-Member $400
A course for those seeking their treasurer’s license through OASBO’s, ODE Approved Pathway 3, or for all types of business officials. This course provides comprehensive content in the areas of local taxation - including the complexities of tax abatements, the components of state funding, the details of issuing debt, the mechanics of financial reporting, ethics and the fiscal officers' responsibilities, grant accounting and management, EMIS requirements, tuition and student-related costs to recapture, preparing for and responding to audits.
In person attendees will receive a hard copy of the manuals, and virtual attendees will receive digital copies.
If you are also interested in college credit for this course, click here to register with Ashland and notify Katie Johnson at firstname.lastname@example.org that you are pursuing Ashland credit. You must register with OASBO and Ashland to receive credit from both.
Class Instruction and Introductions
Module 1-2: Local Taxation - Property Taxes and Millage Rates (CPIM Approved)
Property Values, Levies, Rates and Reduction Factors, Income Tax, and Debt Limitations
Meghan Sullivan-Homsher, Consultant, Frontline Education
Module 3: Impacts on Local Tax Revenue (CPIM Approved)
Board of Revisions, Abatements, TIFs, Enterprise Zones (EZs), CRAs, and Other Development Incentives
Adam Seeley, Associate, Bricker & Eckler LLP
Module 4-5: Debt Issuance (CPIM Approved)
Role of the Professional, Steps in the Process, Types of Issuances, Disclosures, Ratings
Heather Vlasuk, Squire Patton Boggs
Andrew Laskey, RBC Capital Markets
Marvin Founds, Baker Tilly
Module 6: State Funding
Biennial Process, Foundation Formula, Guarantees, Components of Formula, Categorical Aid
Aaron Rausch, ODE
Module 6: Equity and Adequacy - What’s it all about?
Mike Sobul, Senior Analytics Advisor, Frontline Education
Module 7: EMIS (CPIM Approved)
Why data counts, compiling, validating, reporting, certifying district data
Penny Rucker, Treasurer/CFO, Beavercreek City Schools
Module 8: Why Kids Count
Tuition, Excess Costs, SF6, SF14, Catastrophic Costs, and More
Debbie Caudle, Budget and School Funding, ODE
Chapter 9: Grant Accounting & Management (CPIM Approved)
State/Federal Grants, Local Share, Supplant, Supplement, Maintenance of Effort, Indirect
Costs, PCRs, FERs
Brian Jones, Executive Director, Office of Grants Administration, ODE
Module 10: Financial Reporting (CPIM Approved)
Requirements, Deadlines, CAFRs, Board and Community Reports, Financial Transparency
Jack Webb, Treasurer, Gallia County Local Schools
Module 10: Annual Audits (CPIM Approved)
Jim Rader, Auditor State’s Office
Evaluations and Adjourn
Meghan Sullivan Homsher
Senior Analytics Advisor, Frontline Education
Meghan Sullivan-Homsher joined Frontline Education on Feb. 1, 2022. She was previously with the Ohio Department of Taxation and has been a great resource to Ohio schools. Meghan had been with the Tax Analysis Division of ODT since 2005. Her responsibilities have included providing analysis of proposed legislation and contributing to department publications. Meghan’s specific areas of interest include property tax, school district income tax, and state/local revenue sharing.
Associate, Bricker & Eckler LLP
Adam Seeley is a public finance attorney. His practice focuses on economic development and local government counseling, as well as administrative, environmental and energy law. Adam’s experience covers TIF, CRA, enterprise zone administration, appraisal, real estate transactions, contract negotiation and drafting, civil litigation, and administrative compliance.
Prior to joining Bricker, Adam served as in-house staff counsel for the Franklin County Auditor’s Office, Real Estate Division. He has also worked as a policy and legal aide for the Public Utilities Commission of Ohio (PUCO) and in private practice representing clients facing consumer protection matters.
Attorney, Squire Patton Boggs
Heather has a wide range of experience in public law, advising municipalities, townships, counties and other political subdivisions on a wide variety of matters, including economic development, real estate and land use. Heather’s experience includes facilitating eminent domain and special assessments proceedings on behalf of public entities. Heather has also successfully represented public entities in legal actions before state and federal courts, including actions under 42 USC 1983, as well as in administrative proceedings before regulatory agencies such as the Ohio Liquor Commission and Ohio Public Utilities Commission.
Immediately prior to joining Squire Patton Boggs, Heather served as general counsel to a captive insurance enterprise, which included segregated account facilities and 831(b) captive management.
Vice President, Public Finance, RBC Capital Markets
Andrew Laskey is a Vice President in the Cincinnati, Ohio Municipal Finance office of RBC Capital Markets. He joined RBC Capital Markets in July of 2006, Since that time, Andrew has worked with hundreds of local governmental entities throughout Ohio on debt offerings including school districts, cities, counties, townships as well as the State of Ohio. Additionally, Andrew has presented at numerous conferences on a variety of topics related to municipal bond issues and the bond underwriting process.
Director of Education Finance, Baker Tilly Virchow Krause, LLC
Baker Tilly Virchow Krause, LLC
Marvin Founds is a director and municipal advisor with Baker Tilly Municipal Advisors, LLC. He has been an education finance professional for over 30 years, serving as treasurer/CFO for various school districts in Ohio and later as managing director for a large Midwest capital markets investment banking firm serving assorted education and traditional local government clients.
Through his longtime involvement in the field, Marvin has developed a statewide reputation for his range of knowledge in school finance. He has been a speaker and panelist at many conferences and workshops on topics related to public finance, capital planning, school district revenue and expenditure forecasting, millage studies and bond issuances.
Marvin earned a Bachelor of Science Degree in Business Administration with a Finance concentration from The Ohio State University, and has two Master’s Degrees from Ashland University - Business Administration and Education.
Director, Office of Budget and School Funding, Ohio Department of Education
Aaron Rausch is the Director of Budget and School Funding at the Ohio Department of Education (ODE), where he manages an agency budget of more than $13 billion and administers the state’s school funding program. In 2019, Aaron received the Dick Maxwell School Finance Award from the Buckeye Association of School Administrators. Prior to joining ODE in 2014, Aaron worked for the Ohio Office of Budget and Management as a budget analyst in the education section. Aaron started his career in state government as a performance auditor, focusing on school district performance audits at the Ohio Auditor of State's Office.
Senior Analytic Advisor, Frontline Education, and Retired Treasurer
Mike Sobul is a Senior Analytics Advisor with Frontline Education (formerly Forecast5 Analytics), a national company with over 2,000 clients that provides public sector business intelligence software, consulting, and support services to school districts, higher education institutions and local governments.
Prior to joining Forecast5, Mike was the CFO/Treasurer of the Granville schools from November 2011 through May 2019 and a consultant with Public Finance Resources from April 2012 until its merger with Forecast5 in May of 2019.
Mike served as the Section Chief for Forecasting and Special Projects at the Tax Analysis Division of the Ohio Department of Taxation. He was with the Department of Taxation from December 1986 until his retirement in July 2011.
Prior to joining the Department of Taxation, Mike served for two and one-half years as research associate at the Urban Center at Cleveland State University and two years as a budget analyst for the city of Cleveland.
Over the past 30 years, Mike has contributed to school funding reform efforts in the Voinovich, Taft, and Strickland administrations. He also has worked closely with the Cupp-Patterson workgroup since its inception in November 2017.
Mike received his B.A. from Wittenberg University and his Masters of Public Policy from the University of Michigan.
Treasurer/CFO, Beavercreek City Schools
Penny Rucker is a Treasurer/CFO who works with school districts to help them achieve financial success.
Penny believes that her work is more than working with numbers, she knows it has been vital to understand the systems that produce the flow of the dollars and she has been focused on leadership to impact the effectiveness of those dollars.
Penny has worked for many different types of districts – large, small, urban, rural, rich and poor. She used to do consulting when she was raising her family which allowed her to explore diverse school cultures. During the recession she worked at the largest urban school district in Ohio and currently she works at Beavercreek City Schools.
Penny is experienced in leadership and communications with financial systems. She is interested in making an impact to improve financial stability in schools along with financial transparency. She speaks, mentors, trains and motivates younger professionals to explore schools and help others achieve.
Penny attended The Ohio State University and Franklin University in Columbus, Ohio to earn her Bachelors of Science in Accounting. She also attended Ashland University in Columbus, Ohio to achieve her Master’s in Education School Treasury.
ODE Area Coordinator, Ohio Department of Education
Debbie is a Cincinnati native and graduate of Sycamore High School and the University of Cincinnati. She has 10 years as Field Auditor for the Ohio Auditor of State in the Southeast Region, 2 years as Assistant Treasurer and Payroll Clerk for Symmes Valley, 3 years as Federal Grants Manager and Financial Aid Administrator for Collins Career Center, 5 years Auditor in Charge for Plattenburg and Associates, 8 years Treasurer Milford Exempted Village Schools and 3 years as Area Coordinator for the Ohio Department of Education.
Executive Director Office of School Finance, Ohio Department of Education
For the past 18 years of Brian’s 25 years of service, he has spent with the Ohio Department of Education, as the Director of the Office of Grants Administration. The Office of Grants Administration is responsible for managing 80+ federal and state grants totaling $2 billion. This includes but not limited to reviewing cash requests and final expenditure reports, providing technical assistance, agency-wide risk assessment and subrecipient monitoring.
He is responsible for financial aspect of the department’s the e-grant system, (Comprehensive Continuous Improvement Plan - CCIP). In addition, his office has developed an online monitoring system (Compliance and Tracking System) which interact with other systems with the department.
Brian is also part of the agency’s leadership team to work with the state and federal audits and monitoring.
Prior to joining the department, Brian served as an Audit Supervisor with the Auditor of State and the Ohio Department of Development. During his time with the Auditor of State’s Office, he was in charge of the Department Human Services at both the state and county levels. While with the Department of Development he was responsible for financial/programmatic compliance audits and technical assistance to Cities, Counties and Non-Profits.
Treasurer, Gallia County Local SD
Jack Webb worked for 16 years with the Auditor of State, Local Government Services, 8 years at Symmes Valley LSD and 1 year at Gallia County LSD as treasurer.
Assistant Chief Auditor, Office of Ohio Auditor of State
James Rader is an Assistant Chief Auditor with the Ohio Auditor of State’s Central Region. He has a bachelor’s degree in Accounting from Ashland University and has been with the State Auditor’s Office since 2000. He currently is one of three chiefs that oversee the 15 counties in Central Ohio covered by the Central Region.