Essentials of School Funding & Finance 2021-2022
Includes a Live Event on 01/19/2022 at 8:25 AM (EST)
Date: 01/19 - 20/2022
Location: OASBO Conference Center, 98 Commerce Park Dr. Westerville, OH 43082; or Online
Fee: Member: $200 / Non-Member: $400
To receive a hard copy of the manuals, please register by Jan. 4. If you register after that date you will receive digital copies.
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 officer's responsibilities, grant accounting and management, EMIS requirements, tuition and student-related costs to recapture, preparing for and responding to audits.
If you are also interested in college credit for this course, click here to register with Ashland and then 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
Local Taxation - Property Taxes and Millage Rates
Property Values, Levies, Rates and Reduction Factors, Income Tax and Debt Limitations
Impacts on Local Tax Revenue
Board of Revisions, Abatements, TIFs, Enterprise Zones (EZs), CRAs, and Other Development Incentives
Role of the Professional, Steps in the Process, Types of Issuances, Disclosures, Ratings
Biennial Process, Foundation Formula, Guarantees, Components of Formula, Categorical Aid
Equity and Adequacy - What’s it all about?
Why Data Counts, Compiling, Validating, Reporting, Certifying District Data
Why Kids Count
Tuition, Excess Costs, SF6, SF14, Catastrophic Costs and More
Grant Accounting & Management
State/Federal Grants, Local Share, Supplant, Supplement, Maintenance of Effort, Indirect Costs, PCRs, FERs
Requirements, Deadlines, CAFRs, Board and Community Reports, Financial Transparency
Evaluations and Adjourn