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Hugh W. GarsideTreasurer's Office
Hugh W. Garside
District Service Center
3805 Marlane Drive
Grove City, Ohio  43123
Phone: (614) 801-3047   Email: hugh.garside@swcs.us

 

 

 

 

 

Annual Revenue and Appropriation Executive Summary
For Fiscal Year July 1, 2010 to June 30, 2011

Franklin County School District Comparisons
Collection Year 2010
Effective mills including permanent improvement and bond levies
Effective mills operating
Per pupil expenditures
2010-comparisons

Five Year Financial Forecast
Under Ohio law, school district treasurers must submit a Five Year Financial Forecast their Board of Education and to the Ohio Department of Education. This forecast is submitted in October and May of each year.
May 2010 Forecast and Assumptions
December 2009 Forecast and Assumptions
Hugh Garside LIVE at the October 26, 2009 School Board Meeting

Comprehensive Annual Financial Report (CAFR)

2003-2004 CAFR (419K)
2004-2005 CAFR (551K)
2005-2006 CAFR (378K)
2006-2007 CAFR (414K)
2007-2008 CAFR (4.63MB)

Budget Reduction Plans
In fiscal year 2005, South-Western implemented a budget freeze for all school and departmental budgets.

2009 Balanced Budget Plan
Additional Budget Cuts to Fiscal Year 2007 Budget
Fiscal Year 2007 Balanced Budget Plan
Fiscal Year 2006 Balanced Budget Plan

Information on State of Ohio School District Income Taxes
While South-Western City Schools does not have a School District Income Tax, we are providing the following information to assist residents or others who might have questions regarding this revenue-producing tool.

Link to Ohio Department of Taxation
Guide to Ohio School District Income Tax

Homestead Exemption -- A Tax Break for Seniors and Disabled Citizens!

Governor Strickland and the Ohio General Assembly included in the recently enacted state budget a new tax break for seniors and disabled citizens. Unlike the former Homestead Exemption, this new plan does not include an income ceiling.

The new plan allows homeowners age 65 or older, permanently and totally disabled, or surviving spouses aged 59 to 64 of persons who apply and qualify for the the tax reduction to receive the exemption. This new exemption began in tax year 2007 for real property homeowners. For manufactured homes, it began in tax year 2008.

For purposes of the new exemption, $25,000 is subtracted from the market value of the home. The tax rates that apply to the property would be calculated on the lower value resulting in a tax reduction.

Note: Homeowners who currently receive the Homestead Exemption will automatically qualify for the expanded exemption and do not have to reapply.

Homeowners must apply through their county auditor's office for the new exemption. The application deadline for receiving the exemption is the first Monday in June.

Seniors and Disabled citizens who own their homes are urged to apply. The new exemption will apply to current levies and any passed in the future. This new exemption has the effect of reducing the property tax burden for homeowners who qualify. Forms are available at any SWCS school building.

The Ohio Department of Taxation has prepared a flier with information about the new exemption and who to contact with questions. The following is the web address for accessing a copy of the flier: http://tax.ohio.gov/divisions/communications/homestead_exemption_information.stm

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Links

About Our Finances

Franklin County Comparisons

Five Year Financial Forecast

Comprehensive Annual Financial Reports (CAFR)

Homestead Exemption Information

2010 South-Western City School District Performance Audit.

Tax Increment Financing Frequently Asked Questions

2010 TIF Partnership

Podcasts

5 Year Forecast for Fiscal Years 2010-2014