Grandview Heights Schools takes great pride in operating in both a fiscally responsible and transparent manner.
Our recently published Financial Prospectus 2019 is an important document that shares our financial story and offers residents a clear picture of our district's financial position. The prospectus has been mailed to district residents.
It addresses frequently asked questions and uses charts and graphs to provide an overview of the way our district manages our resources and a deeper understanding of the overall value our community receives.
This includes the way our district is using funds from Issue 6 to make essential safety, security and ADA upgrades, as well as comprehensive improvements to our learning spaces.
The value of our district's education is evident when looking at our performance in comparison to other area schools.
Our district received one of the highest performance-index scores in Franklin County and is one of only 32 districts out of more than 600 in the state of Ohio to earn an overall A on the state report card.
We also have one of the lowest school tax rates in the area, giving residents a good return on their investment in our schools.
The district recently was awarded the Auditor of State Award for the fourth consecutive year -- an achievement given to a select group of local governments that exhibit excellence in financial reporting and compliance with applicable laws.
When it comes to revenue, we are committed to maximizing our funding in a way that ensures more resources are directed to the classroom.
Approximately 75% of our spending goes directly toward student instruction and services support. This commitment enables us to work toward our mission of maximizing and personalizing every student's learning.
We also work hard to seek opportunities whenever possible to reduce costs to residents.
The district has made changes in the administration of employee health insurance that has reduced overall insurance premiums over the last four years.
We also worked with the city of Grandview Heights and Nationwide Realty Investors to amend the school compensation formula for the Grandview Yard development. As a result of this collaboration, the district has received an increase in revenue that enabled the school board to reduce the cost of the recently passed school facilities bond issue by half for the Grandview Heights and Marble Cliff communities.
Both academically and financially, Grandview Heights Schools has a strong track record of excellence. None of this success would be possible without the support of our community.
Thank you for making our Grandview Heights Schools "a Small Place to Dream Big."
Beth Collier is treasurer of Grandview Heights Schools.