1. Ledgemont School District A Data Analysis October 14, 2013

2. Ledgemont School District A Comparative Look at Ledgemont School District: How do we compare with other Geauga County Schools? All data taken from the Ohio Department of Education website – financial section – under the header lableled “District Profile Report”

3. District Size – Square Miles Berkshire Local SD, Geauga68 Cardinal Local SD, Geauga79 Chardon Local SD, Geauga75 Kenston Local SD, Geauga55 Ledgemont Local SD, Geauga50 Newbury Local SD, Geauga29 West Geauga Local SD, Geauga47

4. District Square Miles

5. District Enrollment – Current Data Berkshire Local SD, Geauga1,024 Cardinal Local SD, Geauga1,300 Chardon Local SD, Geauga2,996 Kenston Local SD, Geauga3,034 Ledgemont Local SD, Geauga460 Newbury Local SD, Geauga587 West Geauga Local SD, Geauga2,196

6. District Enrollment

7. Average Students per Square Mile Berkshire Local SD, Geauga15.73 Cardinal Local SD, Geauga15.81 Chardon Local SD, Geauga42.93 Kenston Local SD, Geauga56.6 Ledgemont Local SD, Geauga12.93 Newbury Local SD, Geauga22.44 West Geauga Local SD, Geauga46.23

8. Students per Square Mile

9. Percentage of Students in Poverty Berkshire Local SD, Geauga21.43% Cardinal Local SD, Geauga38.76% Chardon Local SD, Geauga19.36% Kenston Local SD, Geauga11.84% Ledgemont Local SD, Geauga29.75% Newbury Local SD, Geauga33.26% West Geauga Local SD, Geauga11.82%

10. Students in Poverty

12. Percentage of Students with Disabilities Berkshire Local SD, Geauga13.72% Cardinal Local SD, Geauga13.75% Chardon Local SD, Geauga10.13% Kenston Local SD, Geauga6.82% Ledgemont Local SD, Geauga12.37% Newbury Local SD, Geauga13.91% West Geauga Local SD, Geauga11.86%

13. Students with Disabilities

15. Teachers / Student Ratios Teachers Student Ratio Berkshire Local SD, Geauga4920 Cardinal Local SD, Geauga5719.8 Chardon Local SD, Geauga13220.36 Kenston Local SD, Geauga15318.11 Ledgemont Local SD, Geauga3017.08 Newbury Local SD, Geauga3815.77 West Geauga Local SD, Geauga10219.45

16. Number of Teachers

17. Average Class Size

18. Average Teacher Salary Berkshire Local SD, Geauga$53,308.99 Cardinal Local SD, Geauga$55,021.59 Chardon Local SD, Geauga$57,687.75 Kenston Local SD, Geauga$64,976.10 Ledgemont Local SD, Geauga$42,436.53 Newbury Local SD, Geauga$52,717.42 West Geauga Local SD, Geauga$64,779.07

19. Average Teacher Salary

20. Years of Experience - Teachers 0-44-1010+ Berkshire Local SD, Geauga20.9%14.9%64.2% Cardinal Local SD, Geauga33.7%9.8%56.5% Chardon Local SD, Geauga24.918.2%56.9% Kenston Local SD, Geauga18.6%17.1%64.3% Ledgemont Local SD, Geauga44.0%20.0%36.0% Newbury Local SD, Geauga36.5%17.3%46.2% West Geauga Local SD, Geauga17.4%24.3%58.3%

21. Years of Experience - Teachers

22. Number of Full-Time Administrators Number of Admin. Average Salary Berkshire Local SD, Geauga8.64$62,878.47 Cardinal Local SD, Geauga9.48$53,395.15 Chardon Local SD, Geauga11.15$82,004.22 Kenston Local SD, Geauga13.14$94,448.63 Ledgemont Local SD, Geauga4.75$52,348.84 Newbury Local SD, Geauga4.15$72,850.12 West Geauga Local SD, Geauga15.14$74,391.55

23. Average Administrator Salary

24. Assessed Property Value per Student Berkshire Local SD, Geauga$204,032.31 Cardinal Local SD, Geauga$229,472.93 Chardon Local SD, Geauga$196,293.03 Kenston Local SD, Geauga$242,284.74 Ledgemont Local SD, Geauga$157,804.61 Newbury Local SD, Geauga$260,779.34 West Geauga Local SD, Geauga$288,687.22

25. Assessed Property Value Per Student

26. Total Property Tax Per Pupil Berkshire Local SD, Geauga$4,592.22 Cardinal Local SD, Geauga$5,872.32 Chardon Local SD, Geauga$6,540.64 Kenston Local SD, Geauga$9,233.97 Ledgemont Local SD, Geauga$3,680.17 Newbury Local SD, Geauga$10,009.40 West Geauga Local SD, Geauga$9,124.58

27. Total Property Tax Per Pupil

28. Average Household Taxable Income Berkshire Local SD, Geauga$51,664.00 Cardinal Local SD, Geauga$39,679.00 Chardon Local SD, Geauga$64,272.00 Kenston Local SD, Geauga$114,173.00 Ledgemont Local SD, Geauga$49,646.00 Newbury Local SD, Geauga$60,264.00 West Geauga Local SD, Geauga$88,587.00

29. Average Household Taxable Income

30. Current District Tax Millage Current Millage Effective Millage Berkshire Local SD, Geauga51.321.67 Cardinal Local SD, Geauga52.623.5 Chardon Local SD, Geauga70.3831.68 Kenston Local SD, Geauga83.4936.44 Ledgemont Local SD, Geauga55.0122.16 Newbury Local SD, Geauga67.0937.73 West Geauga Local SD, Geauga51.9530.97

31. District Tax Millage – Effective & Overall

32. Average School District Income Tax Berkshire Local SD, Geauga$1,610.10 Cardinal Local SD, Geauga0 Chardon Local SD, Geauga0 Kenston Local SD, Geauga0 Ledgemont Local SD, Geauga$930.55 Newbury Local SD, Geauga0 West Geauga Local SD, Geauga0

33. Average Revenue Per Pupil Revenue Per Pupil State (all sources) Local (all sources)FederalTOTAL Berkshire Local SD, Geauga$4,254$6,088$687$11,030 Cardinal Local SD, Geauga$4,066$5,732$1,460$11,259 Chardon Local SD, Geauga$3,243$6,340$472$10,056 Kenston Local SD, Geauga$3,380$8,132$679$12,193 Ledgemont Local SD, Geauga$4,626$4,903$431$9,961 Newbury Local SD, Geauga$4,101$9,964$637$14,703 West Geauga Local SD, Geauga$3,312$8,882$362$12,556

34. Average Revenue Per Pupil

35. Ledgemont Sources of Revenue per Pupil State Sources Federal Sources Local Sources Property Taxes$3,680 Income Taxes$930 Other Local Revenues$293 State Foundation Money$2,212 Other State Money Property Tax Reimbursements Tangible Personal Property Tax Reimbursements Grants & Other $2,414 Federal Money$431 TOTAL$4,626$431$4,903

36. Ledgemont Sources of Revenue

37. Salaries & Benefits as a % of Total Expenditures SalariesBenefitsTOTAL Berkshire Local SD, Geauga55.65%17.81%73.46% Cardinal Local SD, Geauga51.56%20.27%71.83% Chardon Local SD, Geauga58.44%24.31%82.75% Kenston Local SD, Geauga63.06%18.54%81.60% Ledgemont Local SD, Geauga41.67%23.55%65.22% Newbury Local SD, Geauga50.50%18.74%69.24% West Geauga Local SD, Geauga55.88%20.67%76.55%

38. Salaries & Benefits as a % of Total Expenditures

39. Breakdown of Ledgemont Expenditures Ledgemont Expenditure % Salaries41.67% Fringe Benefits23.55% Purchased Services28.60% Supplies & Materials2.63% Other Operating Expenses3.55% TOTAL100.00%

40. Breakdown of Ledgemont Expentitures

41. LOAN HISTORY TO DATE Borrow (Repay)BALANCE 2010-11 State of Ohio – Borrow$2,170,000 2011-12 State of Ohio – Borrow$1,677,000$3,847,000 2011-12 Ohio – Repayments($1,085,000)$2,762,000 2012-13 State of Ohio – Borrow$1,114,000$3,876,000 2012-13 Ohio – Repayments($1,085,000)$2,791,000 2013-14 Ohio – Repayments($419,250)$2,371,750 2013-14 Ohio – Projected BORROW$450,000$2,821,750

42. DEBT PER STUDENT Debt Load per student: $6,134 PER STUDENT owed to Sate of Ohio

43. Analysis of State Funding – Dollars To Ledgemont MonthlyAnnual Foundation Funding – Basic$167,369$2,008,428 County Educational Service Center Fees($1,790)($21,480) Open Enrollment (net out)($15,674)($188,088) Community Schools (out)($12,135)($145,620) Special Ed Deductions (variety)($15,124)($181,488) State Loan Repayments (current plan)($34,938)($419,250) PSEO($2,105)($25,260) SERS/STRS Legislated Employee Benefit Match($19,994)($239,928) Repayments of prior year amounts unable to be repaid due to negative State funding($11,819)($141,828) NET FUNDING – STATE OF OHIO$53,790$645,486

44. NET FUNDING TO LEDGEMONT $1,403 PER STUDENT

45. DON’T FORGET TO VOTE!!! On November 5, 2013 Ledgemont Local School District Issue #32 12.5% - 5 year Emergency Property Tax Levy + Permanent Extension of the Current 1.25% Earned Income Tax

46. DON’T FORGET TO VOTE!!! HOW WILL THIS AFFECT HOMEOWNERS? Issue #32 Property Tax Portion: Will cost $437.50 per $100,000 in fair value Issue #32 Income Tax Extension Portion: Will cost nothing additional Same as current tax rate. Just makes the earned income tax permanent. This means that voters will no longer have to renew it.