Piqua City Schools budgetary process is prescribed by the Ohio Revised
Code and entails the preparation of documents within an established
timetable. The major documents are the appropriation resolutions, the
certificate of estimated resources, the five-year forecast, and the tax
budget. Each is prepared on the budgetary basis of accounting. The
appropriations resolution, the certificate of estimated resources, and
the five-year forecast may be amended throughout the year, with the
legal restriction that appropriations cannot exceed estimated resources
funds, other than agency funds, are legally required to be budgeted and
appropriated. The legal level of budgetary control is at the fund
level and any modifications at this level may only be made by resolution
of the Board of Education.
have included, for your convenience on this web site, the Comprehensive
Annual Financial Report (CAFR), as well as the minutes of Board of
Education meetings. All of these reports have been prepared and
compiled by the District Treasurer and chief financial officer, Jeffrey
W. Price. If at any point you have a question, please do not hesitate
to call him at (937)778-4512. You will also find some of the Frequently Asked Questions and Answers about school finances, including current grants, and the Piqua City Schools below.
Common Questions/Answers About School Finance
What is the total valuation of the Piqua City School District?
$402,868,600 for Tax Year 2012. The breakdown is:
All Other Real Property 25.87%
Public Utility 1.43%
What is the current operating millage voted for Piqua City Schools and JVS?
What is the current effective rate of this operating millage (that is collected) for Piqua City Schools and JVS?
The effective rate, that is, how much is collected from the voted millage, is 28.16 mills.
What was the total expenditure per pupil for the 2011-12 school year in Piqua City Schools?
The total expenditures per pupil of all funds
for the 2011-12 school year in Piqua City Schools was $9,613.72. The
State average was $10,597.21 for the same year.
What is the breakdown of the expenditure per pupil in Piqua City Schools for last school year (2011-12)?
Instructional expenditures 60.66%
Building operations 17.68%
Pupil support 7.34%
Staff support 4.47%
What was the total revenue (all funds) per pupil for the 2011-12 school year in Piqua City Schools?
The total revenue per pupil of all funds for
the 2011-12 school year in Piqua City Schools was $9,512.16. The state
average was $10,850.64 for the same year.
What are the sources of revenue for Piqua City Schools?
For the 11-12 school year, the revenue sources were:
Local taxes 44.47%
State funding 44.49%
Federal funding 11.08%