Home

Dear Community Members:

I have a couple of notes for you today including the March Financial Report.

MARCH FINANCIAL REPORT

 

Below is the budget projection vs. actual numbers for the end of March.

 

Eastwood Schools Financials	Tuesday, April 26, 2022
REVENUE	Projections	FY 2022	$$ change	% change
General Property Tax	$7,582,147.84	$8,022,980.38	$440,832.54	5.81%
Tangible Personal Property Tax	$0.00	$0.00	$0.00	0.00%
Income Tax	$1,736,262.03	$1,833,888.48	$97,626.45	5.62%
Unrestricted Grants-In-Aid* Includes SFSF	$4,913,389.20	$5,031,401.92	$118,012.72	2.40%
Restricted Grants-In-Aid	$94,554.29	$338,677.58	$244,123.29	258.18%
Property Tax Allocation	$301,890.00	$312,978.83	$11,088.83	3.67%
All Other	$1,402,574.75	$1,494,071.86	$91,497.11	6.52%
Advances / Other	$204,732.72	$211,091.85	$6,359.13	3.11%
TOTAL REVENUE	$16,235,550.83	$17,245,090.90	$1,009,540.07	6.22%
EXPENSES	Projections	FY 2022	$$ change	% change
Personnel Services	$7,326,184.23	$7,264,943.50	-$61,240.73	-0.84%
Retirement / Insurance	$3,240,000.00	$3,252,826.03	$12,826.03	0.40%
Purchased Services	$659,286.92	$613,476.71	-$45,810.21	-6.95%
Supplies / Materials	$376,350.00	$375,207.90	-$1,142.10	-0.30%
Capital Outlay	$110,000.00	$0.00	-$110,000.00	-100.00%
Other Objects	$987,000.00	$1,050,926.16	$63,926.16	6.48%
Advances / Transfers	$1,336,823.25	$1,336,823.25	$0.00	0.00%
TOTAL EXPENSES	$14,035,644.40	$13,894,203.55	-$141,440.85	-1.01%
REVENUES vs. EXPENSES	$2,199,906.43	$3,350,887.35	$1,150,980.92	52.32%

 

Revenue Numbers

 

·         General Property Taxes - $440,832 above projections – This number looks like we were way off in our projections. HOWEVER, Nexus paid an amount in February that is close to what it paid all of last year. Frankly, their pattern of payments has been erratic. They have appealed their valuation at least 4 times since it was originally valued resulting in different payments. There is a chance that they have paid the full year of their assessment in February which will make FY 2022 look good, but FY 2023 will see potentially a decline of $400,000 since we will only get one half of the taxes instead of a full year. It will all balance out, but it can make the years look off.

·         Income Tax – No change

·         Unrestricted and Restricted Grants-in-aid – These two lines seem to indicate that we are getting $346,000 more than planned for the year. HOWEVER, as we stated last month, this is the result of overpayments and will correct itself. Combined, the payments for March show they clawed back roughly $62,000 and we can expect that to continue through April, Mat, and June.

 

Expense Numbers

·         Our expenses through the first 9 months of the fiscal year are tracking closely to our projections. They actual costs are 1.01% below estimates thus far. Nothing significant here.

 

Summary

March looks much better than it should because of Nexus and some overpayments on the revenue side of things. Regardless, we are in decent shape compared to our projections which is good news.

 

EASTWOOD TRACK MATTRESS SALE FUNDRAISER

The track & field team is hosting their 3rd Mattress Sale, Saturday, May 7 from 10-5 in the Middle School Gym.  There will be 25+ styles on display as the gym will be turned into a mattress showroom.  Financing and delivery are available and these mattresses are brand new with a full factory warranty.  Delivery takes a couple weeks.  Please check out the attached flyer or share with someone you know that might be interested.  For more information, text: 216.435.6900 and type EASTWOOD22 in the message. 

 

K-12 FITTED FOR SUCCESS PROGRAM THROUGH WC JOB AND FAMILY SERVICES

The Wood County Department of Job and Family Services is now accepting applications for the K-12 Fitted for Success program for the 2022-2023 school year.  500 children who live in Wood County will be provided with backpacks filled with grade appropriate school supplies, new shoes and socks and winter coats. 

 

Assistance is provided on a first come/first serve basis.  Proof of household income, Birth Certificates or other proof of citizenship and Social Security cards for all family members must be provided.  Families must have an income at or below 200% of the Federal Poverty Level to qualify.  For a family of 4, this about $4,600 or less in gross income per month.  The income amount varies based on family size.  Families do not have to verify school enrollment for this year’s application.

 

Applications should be received by August 5, 2022 but will be accepted until 500 children are approved.  Assistance will be distributed to approved families in August.  Interested families may call 419-352-7566 ext. 8492 or visit woodcountyjfs.com to request an application to be sent by mail.  Applications are also available to print on the website or to pick up at WCDJFS 1928 E. Gypsy Lane Road Bowling Green.  Completed applications may be returned by mail or dropped off at the above address.  The agency lobby is open M-F from 8:00 a.m.-4:30 p.m. and a secure outdoor drop box is available 24/7. 

 

BG PARKS AND REC 2022 SUMMER ACTIVITIES GUIDE

Attached is a brochure from the BG Parks and Rec programs for summer activities if you have an interest.

 

Have a great rest of the week!

 

Dear Community Members:

I hope this email finds you well and with all of your patio furniture still in the county. I have several notes for you today including some summer job opportunities.

 

PASSING OF TED WHALEN

For the parents out there who attended Eastwood, you most likely had Coach Whalen as a teacher or coach along the way somewhere. Ted was a building sub when I started and worked in multiple roles after he retired. Whalen was unique and always made you smile. He loved Eastwood and we loved him back.

 

Here is his obituary from Marsh and Marsteller:

 

https://www.marshfuneralhomes.com/obituaries/Howard-Theodore-Ted-Whalen-Jr?obId=24422390#/celebrationWall

 

Please keep Ted’s family in your thoughts and prayers.

 

FUTURE FACILITIES THOUGHTS

 

On March 21^st the Board passed a resolution that will allow Eastwood to get on the list for future facilities funding. This is a preliminary step that will allow the district to have its Master Plan reevaluated by the Ohio Facilities Construction Commission. The earliest they would be out to conduct any kids of update is sometime in 2023.

 

The Board took this step for several reasons.

1.      If the district is going to pursue a project that would update or replace the MS and HS, you need to have some idea of the costs and scope of the project.

2.      The Elementary School bonds will be paid off in June of 2025 and the district will have no debt.

3.      Our operating budget will benefit from paying off the school, and we would be in a position to consider a bond issue.

4.      It’s time. The HS opened in 1960 and is 62 years old and the MS is just 10 years younger. At some point you need to consider major overhauls or replacement. While they still function well, the best time plan for the future is when there is no imminent issue.

 

This was an initial step in what will be a long process.

 

WEEK ONE OF TESTING IS IN THE BOOKS

 

State testing got underway this week for kids in grades 3-5 and will continue next week throughout the district. I think the plan is to wrap up all the language arts testing before break and then hit math, science and social studies after we get back.

 

Our teachers and kids have worked very hard this year. When I spoke to some of the 4^th graders today as they were getting ready, I just told them to relax and do their best. They are great kids who have put in the work. No matter what happens, I am proud of them!

 

If you see your kids getting anxious, please encourage them and let them know that all anyone ever wants is their best effort!

 

SPRING BREAK IS COMING

 

Next week is the last before we get to Spring Break. It has been a long run since the first of the year, and I think everyone is ready.

 

KEY CLUB EASTER EGG HUNT

 

The annual Key Club Easter Egg Hunt will be Saturday April 9^th at 11:00 AM sharp at the playground behind Eastwood Elementary. This event is free for elementary aged students. Kids will need to bring their own basket! There is a flyer attached.

 

EASTER EGG DECORATING

 

First Baptist Church in BG is hosting an Easter Egg Decorating on Tuesday April 12^th from 6:00-8:00. There is s flyer attached.

 

FREEDOM TOWNSIP IS LOOKING FOR SEASONAL HELP

 

Part time Seasonal Help for Freedom Township

Hours are weekdays, 7:30 A.M. to 3:30 P.M. Duties include mowing and trimming at cemeteries, mowing roadsides, and other misc. duties. Letters of interest should be emailed to freedomclerk@amplex.net no later than 5 P.M. on April 1, 2022.

I know the deadline is today, so email them ASAP if there is any interest to see if they will extend this period.

BELMONT CC IS LOOKING FOR HELP

 

Belmont’s looking for 5-6 high school students to work general maintenance for the course. If your student has an interest please contact Eric Smith, the course superintendent. His phone number is 419-666-2687 and the email is belmontcc@bex.net.

 

Dear Community Members:

Good Friday Afternoon! I have several items for you including the February Financial Report.

REMINDER

A quick reminder that we have a 2-hour delay scheduled for Monday, March 14^th. We spring forward this weekend as well.

 

FEBRUARY FINANCIAL REPORT

 

Below is the chart showing FY 2022 actuals vs. Projections.

 

Eastwood Schools Financials	Friday, March 11, 2022
REVENUE	Projections	FY 2022	$$ change	% change
General Property Tax	$4,646,503.57	$4,617,758.55	-$28,745.02	-0.62%
Tangible Personal Property Tax	$0.00	$0.00	$0.00	0.00%
Income Tax	$1,736,262.03	$1,833,888.48	$97,626.45	5.62%
Unrestricted Grants-In-Aid* Includes SFSF	$4,360,027.59	$4,540,131.42	$180,103.83	4.13%
Restricted Grants-In-Aid	$90,915.72	$341,739.81	$250,824.09	275.89%
Property Tax Allocation	$301,890.00	$312,978.83	$11,088.83	3.67%
All Other	$1,380,514.95	$1,325,014.50	-$55,500.45	-4.02%
Advances / Other	$204,732.72	$211,002.85	$6,270.13	3.06%
TOTAL REVENUE	$12,720,846.58	$13,182,514.44	$461,667.86	3.63%
EXPENSES	Projections	FY 2022	$$ change	% change
Personnel Services	$6,606,184.23	$6,552,814.98	-$53,369.25	-0.81%
Retirement / Insurance	$2,885,000.00	$2,892,769.36	$7,769.36	0.27%
Purchased Services	$649,286.92	$532,933.50	-$116,353.42	-17.92%
Supplies / Materials	$316,350.00	$332,432.64	$16,082.64	5.08%
Capital Outlay	$110,000.00	$0.00	-$110,000.00	-100.00%
Other Objects	$882,000.00	$874,832.64	-$7,167.36	-0.81%
Advances / Transfers	$1,336,823.25	$1,336,823.25	$0.00	0.00%
TOTAL EXPENSES	$12,785,644.40	$12,522,606.37	-$263,038.03	-2.06%
REVENUES vs. EXPENSES	-$64,797.82	$659,908.07	$724,705.89	-1118.41%

 

There are two numbers that are inflated and will be corrected in the coming months.

 

1.      Unrestricted Grants-in-Aid - +$180,103.83 – As we pointed out last month, the state is still trying to get the funding mechanism nailed down for the new funding formula. While this is only 5.62% above our projections, it is a decent sized number. Once this is all settled, we expect this to be much closer to our projections.

2.      Restricted Grants-in-Aid - +$250,824.09 – This number will come down in the coming months as well. Please see above. It may end up being $50,000 over our projections as we learn about how the funding formula will be implemented.

 

There are no real surprises on the expenses. We are able to move some expenses in Capital Outlay into our Permanent Improvement Fund. We will also be looking to purchase two buses in the coming months. We will have some reimbursement from the state to help offset some of those costs.

 

We are hanging in.

 

PEMBERVILLE POOL LOOKING FOR MANAGER

 

PEMBERVILLE COMMUNITY POOL IS LOOKING FOR AN ADULT TO MANAGE THE POOL THIS UPCOMING SEASON.  THE RESPONSIBILITIES OF THE MANAGER WOULD BE TO ATTEND THE SIGN-UP SESSIONS; SCHEDULE LIFEGUARDS AND SWIM MEETS/SWIM LESSONS; OVERSEE DAY TO DAY HANDLING OF THE POOL; ORDER CONCESSIONS AND MAINTAIN A WORKING RELATIONSHIP WITH THE TOWN MANAGEMENT.

THE MANAGER WOULD BE EXPECTED TO WORK 40 HOURS A WEEK (SPLIT THE POSITION; 20 HOURS PER WEEK). SALARY WOULD BE $20.00 PER HOUR.

IF INTERESTED, APPLICATIONS CAN BE OBTAINED BY CONTACTING PEMBERVILLE TOWN HALL AT 419.287.3832 OR VISIT THE VILLAGE WEBSITE www.pemberville.org.

ALL APPLICATIONS MUST BE TURNED IN BY APRIL 8, 2022.

There are two additional flyers with information about the Pemberville Pool hours, passes, swim lessons etc. along with information about employment opportunities for Lifeguarding.

BETHLEHEM PRESCHOOL SPRING FLING

 

There is a flyer attached for the 15^th Annual Bethlehem Preschool Spring Fling which benefits the preschool program there. It will be on Saturday March 26^th from 10:00-4:00.

 

That’s it for this week! Going to be nice next week and some spring fever will be in the air!