Marysville News

Johnson will start Jan. 1 as district treasurer


The Marysville Board of Education offered Todd Johnson a warm welcome, a new contract and a blue Monarch jacket to get his team-appropriate wardrobe started as he prepares to succeed Cindy Ritter as district treasurer.

Ritter will retire Dec. 31. According to the contract signed at the board's Nov. 21 meeting, Johnson's first day on the job will be Jan. 1. His contract runs through July 31, 2017.

"Working for Marysville schools is an exciting opportunity for me," he said. "I'm really looking forward to getting started."

Board President Jeff Mabee said the school board is very excited to have Johnson as the district treasurer.

"I think he's going to add great things to our governance team," Mabee said.

"We've had quite a few people apply for that position," board member Doug Lassiter said. "Out of all the candidates, Todd stood out above the rest from day one, in my mind."

Johnson said he is grateful for the opportunity.

"I'd like to thank the board for putting their confidence in me," he said. "Through the whole (interview) process, I had a good comfort level."

Johnson comes to Marysville from a post as assistant treasurer for the Olentangy Local School District in Lewis Center, where he has worked since 2008. He took on additional duties as treasurer for Woodbury, Integrity and Columbus Primary academies in 2011. From 2005 to 2008, he was the treasurer at Dalton Local School District in Dalton, Ohio, and before that, he worked for the Ohio Auditor's Office from 2002-2005.

Johnson holds a master's degree in business administration from Otterbein University.

Johnson's base salary at Marysville will be $115,000 a year. In addition, he will receive the same benefits package as the rest of the administration, according to Mabee.

The benefits list includes:

* The district will pay Johnson's share of total retirement contributions to the School Employees Retirement System.

* He will receive five vacation days and can accrue 20 days of vacation a year, and can accrue 15 days of sick leave per year.

* The district will pay his Medicare and 100 percent of the premiums for term life insurance, in addition to contributing to professional growth opportunities, including up to six semester hours.

* The district will pay up to $2,000 annually for membership in professional organizations and up to $2,000 annually for civic organization memberships.

* Johnson will receive a $100 mobile communication allowance each month.

* The district will also pay for professional liability insurance coverage protecting Johnson from lawsuits and legal actions in his role as treasurer of up to $1 million per occurrence and no more than $3 million total.

Johnson's contract includes a $5,000 performance-based benefit if he meets the goals agreed upon with the board in accordance with the Ohio Treasurer Evaluation System.

Mabee said the board also offered a $10,000 incentive for Johnson to move to Marysville because the board would like for him to be part of the community. The board also approved up to 10 transition days for days worked prior to Jan. 1 at $442.31 per day.