LETTER: Clarifiying school money

Just to clarify the amount of state aid received by Huron City Schools and other schools. The state of Ohio likes to take credit for monies, the 32.8 percent to which the Register referred in a recent article, sent to school districts that were already on the tax rolls. For example, the state legislature elimina
Commentary
May 21, 2010

Just to clarify the amount of state aid received by Huron City Schools and other schools. The state of Ohio likes to take credit for monies, the 32.8 percent to which the Register referred in a recent article, sent to school districts that were already on the tax rolls.

For example, the state legislature eliminated Personal Property taxes. These taxes were already voter approved and bring collected. To compensate the School District for the loss of revenue the state agreed to reimburse districts the lost amount, unfortunately not the full amount. And, they plan to start phasing out the reimbursement thus further transferring the tax burden to local property owners.

There are other examples including the state taking credit for monies that are actually federal monies for which they are just the conduit. And, by the way they charge a fee for these reimbursement services. The true amount of actual aid, not reimbursement of approved but lost tax revenues or federal monies, is about 15 percent of Huron School District's total revenue stream.

Michael C. Weis

Treasurer/CFO

Huron City Schools