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2015-06-11T00:00:00.000Z

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Mr. John E. Rose

HQ Phone: (740) 773-4102

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Unioto High School

1432 Egypt Pike

Chillicothe, Ohio 45601

United States

Find other employees at this company (152)

Background Information

Affiliations

Treasurer
Chillicothe City School District

Treasurer
Union Scioto Local School District

Web References (23 Total References)


"That became the source for funding, ...

www.chillicothegazette.com [cached]

"That became the source for funding, rather than a supplemental funding source," said Union-Scioto Treasurer John Rose.


Union-Scioto Treasurer John ...

www.chillicothegazette.com [cached]

Union-Scioto Treasurer John Rose said the agreement would allow the district to finance the project without taking on any real debt.


When exactly Kasich will unveil ...

www.chillicothegazette.com [cached]

When exactly Kasich will unveil his new funding formula remains to be seen, but Union-Scioto Treasurer John Rose said he's been told it might not happen until 2014.

...
"We've put ourselves in a situation that if the state (funding) does flatline, we'll be OK," Union-Scioto Treasurer John Rose told the board last week.
Rose said Union-Scioto is "stable financially, but not without concerns."


"We've put ourselves in a situation ...

www.chillicothegazette.com [cached]

"We've put ourselves in a situation that if the state (funding) does flatline, we'll be OK," Union-Scioto Treasurer John Rose told the board.

Rose said Union-Scioto is "stable financially, but not without concerns."
A number of factors can influence a school district's finances. In the case of Union-Scioto, Rose expects state funding to flatline, employee retirement and insurance benefits to increase by more than $2 million by 2016 and open enrollment revenue to dip.
"We have had double-digit increases (to the "other revenue" line item), and that's been due to open enrollment," he said. "I don't think we'll see that in the next five years."
Under open enrollment, when a student decides to attend a school district different from the one in which he or she lives, the student's state aid money also goes to the new school.
The increase in expenditures, from about $16.6 million in 2011 to about $21 million in 2016, is driven by historical trends and inflationary increases, he said.
This year, the district will use about $700,000 in federal grant money that must be spent by Sept. 30 to offset the expense of teachers' salaries, he said.
On the revenue side, an income tax levy that generates more than $1 million annually for the district expires in 2014.
Rose said he did not figure in the effect of Senate Bill 5 -- the fate of which will be decided as state Issue 2 on the Nov. 8 ballot -- for his projections because of its unknown fate at the polls. The issue deals with collective bargaining rights for public employees.
"Anything from Senate Bill 5 wouldn't have an effect on our contracts until 2014," he said.


"We've put ourselves in a situation ...

www.chillicothegazette.com [cached]

"We've put ourselves in a situation that if the state (funding) does flatline, we'll be OK," Union-Scioto Treasurer John Rose told the board.

Rose said Union-Scioto is "stable financially, but not without concerns."
Any number of factors can influence a school district's finances. In the case of Union-Scioto, Rose is projecting state funding to flatline, employee retirement and insurance benefits to increase by more than $2 million by 2016 and open enrollment revenue to dip.
"We have had double-digit increases (to the "other revenue" line item), and that's been due to open enrollment," he said. "I don't think we'll see that in the next five years."
Under open enrollment, when a student decides to attend a school district different from the one in which he or she lives, the student's state aid money also goes to the new school.
The increase in expenditures, from about $16.6 million in 2011 to about $21 million in 2016, is driven by historical trends and inflationary increases, he said.
This year, the district will use about $700,000 in federal grant money that must be spent by Sept. 30 to offset the expense of teachers' salaries, he said.
On the revenue side, an income tax levy that generates in excess of $1 million annually for the district expires in 2014.
Rose said he did not figure the impact of Senate Bill 5 - the fate of which will be decided as state Issue 2 on the Nov. 8 ballot - into his projections because of its unknown fate at the polls. The issue deals with collective bargaining rights for public employees.
"Anything from Senate Bill 5 wouldn't have an affect on our contracts until 2014," he said, referring to when they're up for renewal.

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