Ledgemont School District A Data Analysis October 14, 2013

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”

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

District Square Miles

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

District Enrollment

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

Students per Square Mile

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%

Students in Poverty

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%

Students with Disabilities

Teachers / Student Ratios Teachers Student Ratio Berkshire Local SD, Geauga4920 Cardinal Local SD, Geauga Chardon Local SD, Geauga Kenston Local SD, Geauga Ledgemont Local SD, Geauga Newbury Local SD, Geauga West Geauga Local SD, Geauga

Number of Teachers

Average Class Size

Average Teacher Salary Berkshire Local SD, Geauga$53, Cardinal Local SD, Geauga$55, Chardon Local SD, Geauga$57, Kenston Local SD, Geauga$64, Ledgemont Local SD, Geauga$42, Newbury Local SD, Geauga$52, West Geauga Local SD, Geauga$64,779.07

Average Teacher Salary

Years of Experience - Teachers Berkshire Local SD, Geauga20.9%14.9%64.2% Cardinal Local SD, Geauga33.7%9.8%56.5% Chardon Local SD, Geauga %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%

Years of Experience - Teachers

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

Average Administrator Salary

Assessed Property Value per Student Berkshire Local SD, Geauga$204, Cardinal Local SD, Geauga$229, Chardon Local SD, Geauga$196, Kenston Local SD, Geauga$242, Ledgemont Local SD, Geauga$157, Newbury Local SD, Geauga$260, West Geauga Local SD, Geauga$288,687.22

Assessed Property Value Per Student

Total Property Tax Per Pupil Berkshire Local SD, Geauga$4, Cardinal Local SD, Geauga$5, Chardon Local SD, Geauga$6, Kenston Local SD, Geauga$9, Ledgemont Local SD, Geauga$3, Newbury Local SD, Geauga$10, West Geauga Local SD, Geauga$9,124.58

Total Property Tax Per Pupil

Average Household Taxable Income Berkshire Local SD, Geauga$51, Cardinal Local SD, Geauga$39, Chardon Local SD, Geauga$64, Kenston Local SD, Geauga$114, Ledgemont Local SD, Geauga$49, Newbury Local SD, Geauga$60, West Geauga Local SD, Geauga$88,587.00

Average Household Taxable Income

Current District Tax Millage Current Millage Effective Millage Berkshire Local SD, Geauga Cardinal Local SD, Geauga Chardon Local SD, Geauga Kenston Local SD, Geauga Ledgemont Local SD, Geauga Newbury Local SD, Geauga West Geauga Local SD, Geauga

District Tax Millage – Effective & Overall

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

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

Average Revenue Per Pupil

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

Ledgemont Sources of Revenue

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%

Salaries & Benefits as a % of Total Expenditures

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

Breakdown of Ledgemont Expentitures

LOAN HISTORY TO DATE Borrow (Repay)BALANCE State of Ohio – Borrow$2,170, State of Ohio – Borrow$1,677,000$3,847, Ohio – Repayments($1,085,000)$2,762, State of Ohio – Borrow$1,114,000$3,876, Ohio – Repayments($1,085,000)$2,791, Ohio – Repayments($419,250)$2,371, Ohio – Projected BORROW$450,000$2,821,750

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

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

NET FUNDING TO LEDGEMONT $1,403 PER STUDENT

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

DON’T FORGET TO VOTE!!! HOW WILL THIS AFFECT HOMEOWNERS? Issue #32 Property Tax Portion: Will cost $ 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.