Shadyside Schools levy is discussed
SHADYSIDE – Shadyside Local School District held a meeting to explain to stakeholders why the district is in need of a levy.
Superintendent and High School Principal John Haswell pled his case on Wednesday in the high school band using a series of slides.
“The ‘L’ word is out there, levy,” Haswell said. “I don’t want to stand before you tonight doing this, but in reality, we should have been standing in front of you three years ago.”
Three years ago, on Nov. 17, 2010 was when Shadyside Local School District found out that First Energy was going to close. The district negotiated a five year plan on the Public Utility Personal Property Tax to help the transition of this loss of revenue. The total general fund loss adds up to $733,447.80 and the total real estate loss is $244,831.60.
“In Fiscal Year 2008, our total general fund revenue was $6,446,321. Our total general fund expenditures were $5,783,683. In Fiscal Year 2014, our total projected general fund revenue is $5,573,912. Our total projected general fund expenditures are $6,161,176,” Haswell said. “We have lost from Fiscal Year 2008 – 2014 $872,049 in general fund revenue. Our general fund expenditures have gone up $587,264 in the same period.”
With the loss of revenue to the general fund hanging over it’s head, the district has made several changes to save money. Some of those changes include not replacing positions of retired teachers, combined the high school principal and superintendent position and negotiated health care savings with all employees. Overall, seven and a half positions have not been filled.
Haswell is asking the community of Shadyside to meet the district half way and past the emergency levy. He broke the numbers down farther on how much residents will pay. The levy will cost the average home owner if your home is worth the following amount:
- $50,000 home value will cost $80.68 per year and $6.72 per month;
- $75,000 home value will cost $121.01 per year and $10.08 per month;
- $100,000 home value will cost $161.35 per year and $13.44 per month;
- $125,000 home value will cost $201.69 per year and $16.80 per month;
- $150,000 home value will cost $242.03 per year and $20.16 per month;
- $200,000 home value will cost $322.70 per year and $26.89 per month.
Haswell put this in another perspective, as he told the stake holders, he spends $33.79 on Convenient coffee a month, which is more then what most residents would have to pay per month.