CommUNITY Conversation MCS Finances

Mason Residents Encouraged to Attend Special Edition CommUNITY Conversation
Posted on 10/07/2019
On Tuesday, October 29 from 6:30pm to 8:00pm in the Mason High School Cafeteria Mason City Schools residents are encouraged to attend a special edition CommUNITY Conversation or tune in live on Facebook for an important presentation and dialogue about the district's operating and capital budgets.  

Learn how community feedback has shaped the district's budget priorities, and receive an update on efforts to keep the district budget in balance despite declining revenues.

Attendees will be asked to weigh in on district investment priorities.

Background on MCS Operating Budget

State Funding Reductions
Ohio funds school districts through a formula that is based in large part on the level of poverty of a district's students, and the corresponding ability of each district's local community to support education through property taxes.The state categorizes Mason as a very low-poverty, high income district and as high-density (a large number of students per square mile.) These factors decrease our per pupil revenue. Mason was flat-funded in the last biennium budget and will continue to see flat or reduced funding in the future. Mason receives $1,718 less per student than the average Ohio school district.
Loss of Inventory Tax
In 2005, the state legislature enacted a phaseout plan to eliminate Tangible Personal Property taxes (a tax on businesses' inventory) in an attempt to improve the business climate in Ohio. Those TPP taxes were local dollars that were earmarked for our schools. Ohio’s decision to eliminate the TPP tax and reimbursement reduced Mason funding by $14 million annually. (That’s the equivalent of a 7-mil continuing levy.)
No Inflationary Increases
Until 1976, continuing levies were just that. The millage of a continuing levy remained constant; therefore if the value of the property went up, so did the tax. At that time, property values began to rise sharply. The state legislature thought people's taxes shouldn't increase just because their property values did. Therefore they passed House Bill 920, which limits a continuing levy to collecting the same dollar amount on the same properties as it collected in the year in which it was voted. This is one of the major reasons that Ohio school districts place a new levy on the ballot every three to four years.

Mason voters last passed an operating levy in 2005.

In fact, inflation has outpaced Mason City Schools spending. From 2010 (when the operating levy failed) to 2018, Mason's average inflation rate is 57% less than the US average inflation rate and 56% less than Ohio school districts' average inflation rate.

CommUNITY Conversation

Website by SchoolMessenger Presence. © 2021 Intrado Corporation. All rights reserved.