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FISCAL STEWARDSHIP

Our commitment to the entire community is to be
transparent and provide accurate and timely information
about our school finances.

       $10,574                                          A few of the ways we do       The committee is a citizen’s
                                 EXPENDITURE PER PUPIL  this is to provide monthly    financial advisory committee
                                                        financial reports online at:  that assists the Treasurer in
2013-2014 State Report Card: Financials/PDF, page 24    www.hudson.k12.oh.us/         an advisory role.
http://1.usa.gov/1RlGaet                                Page/2245.
                                                                                      Names of those participating
                                                        The Treasurer’s Office        on the Financial Advisory
                                                        also invites community        Committee can be found
                                                        members to participate        at: www.hudson.k12.oh.us/
                                                        on the Financial Advisory     Page/3024.
                                                        Committee.

WHERE DOES THE MONEY COME FROM TO                                                     COMPARE
EDUCATE YOUR CHILD?

32¢ 68¢                                                                               67.4% 70%

                                                                                    State Average Hudson Schools’
                                                                                    Percentage Spent Percentage Spent
                                                                                    on Instruction  on Instruction

STATE AND OTHER REVENUE    LOCALLY GENERATED REVENUE

• State per Pupil Funding  • Real Estate Taxes
• Homestead & Rollback
• Tangible Personal        • Fees
• Property Tax
• Reimbursements           • Interest

Treasurer Kathryn        The Committee plays a          Committee members
Sines honors community   vital role in reviewing        also share business and
member Ed Devlin for     the annual forecasting         financial best practices
eight years of service   assumptions made by            for the private and public
as the President of the  the chief financial officer.   sector and perform the
Financial Advisory       They study the financial       functions of an audit
Committee and for his    projections and, if            committee as it relates to
long-term support        necessary, examine related     the annual single audit
of the Hudson City       documents concerning the       conducted by the
School District.         district’s finances.           Auditor of State.

18 Hudson City Schools
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