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The Piqua City Schools budgetary process is prescribed by the Ohio Revised Code and entails the preparation of documents within an established timetable.  The major documents are the appropriation resolutions, the certificate of estimated resources, the five-year forecast, and the tax budget.   Each is prepared on the budgetary basis of accounting.   The appropriations resolution, the certificate of estimated resources, and the five-year forecast may be amended throughout the year, with the legal restriction that appropriations cannot exceed estimated resources as certified.

All funds, other than agency funds, are legally required to be budgeted and appropriated.   The legal level of budgetary control is at the fund level and any modifications at this level may only be made by resolution of the Board of Education.

We have included, for your convenience on this web site, the Comprehensive Annual Financial Report (CAFR) and  the briefer version, the Popular Annual Financial Report (PAFR), as well as the minutes of Board of Education meetings.  All of these reports have been prepared and compiled by the District Treasurer and chief financial officer, Jeffrey W. Price.  If at any point you have a question, please do not hesitate to call him at (937)778-4512.  You will also find some of the Frequently Asked Questions and Answers  about school finances, including current grants,  and the Piqua City Schools below

Reports Available to Web Site Visitors

Five-year Forecast 2010 (October 2009)  Download me! Download
Assumptions/2010 Five-year Forecast (October 2009)  Download me! Download
Appropriation Document, Approved September 2009  Download me! Download
CAFR 2009  Download me! Download
FY 20010 Budget, Adopted by Board January 2011  Download me! Download
Common Questions/Answers About School Finance
  1. What is the total valuation of the Piqua City School District?
  2. What is the current operating millage voted for Piqua City Schools?
  3. What is the effective rate of this millage (that is collected )for Piqua City Schools?
  4. What was the total expenditure per pupil for the 2008-09 school year in Piqua City Schools?
  5. What is the breakdown of the expenditure per pupil in Piqua City Schools for last school year (2008-09)?
  6. What was the total revenue (all funds) per pupil for the 2008-09 school year in Piqua City Schools?
  7. What are the sources of revenue for Piqua City Schools?
  8. Does the district seek grants to supplement its budget?

What is the total valuation of the Piqua City School District?
$418,949,540 for Tax Year 2009. The breakdown is:
Residential/Agricultural 72.62%
All Other Real Property 26.09%
Public Utility 1.12%
General Tangible Personal Property .15%

What is the current operating millage voted for Piqua City Schools?
44.30 mills.

What is the effective rate of this millage (that is collected )for Piqua City Schools?
The effective rate, that is, how much is collected from the voted millage, is 30.23 mills.

What was the total expenditure per pupil for the 2008-09 school year in Piqua City Schools?
The total expenditures per pupil of all funds for the 2008-09 school year in Piqua City Schools was $8,345.00. The State average was $10,253.57 for the same year.

What is the breakdown of the expenditure per pupil in Piqua City Schools for last school year (2008-09)?
Instructional expenditures 58.45%
Building operations 19.56%
Administrative 9.27%
Pupil support 8.58%
Staff support 4.14%

What was the total revenue (all funds) per pupil for the 2008-09 school year in Piqua City Schools?
The total revenue per pupil of all funds for the 2008-09 school year in Piqua City Schools was $8,649.00. The state average was $10,432.07 for the same year.

What are the sources of revenue for Piqua City Schools?
In the last fiscal year, the revenue sources were:
Local taxes 40.87%
State funding 48.17%
Federal funding 10.96%

Does the district seek grants to supplement its budget?
Yes. Most grants will supplement, but not supplant (take the place of), the General Fund budget. Grants are sought through the year by PCS staff. Since August of 2007, approved grants incoming for use in Piqua City Schools include the following:

Miami County Foundation to Favorite Hill for pre-printed folders, $340
Miami County Foundation to PHS for PE multi-game table, $550
Miami County Foundation to PJHS for document camera, $629
Miami County Foundation to Springcreek for visiting artist, $1000
Miami County Foundation to Washington for diversity day, $3000
Miami County Foundation to Wilder for camers/learning tools, $1595
Piqua Education Foundation to Bennett for positive behavior, $570
Piqua Education Foundation to PCS for Muse Machine residency, $4800
Piqua Education Foundation to PCS for materials for gifted academies, $639
Piqua Education Foundation to Favorite Hill for books, $1500
Piqua Education Foundation to Favorite Hill for original posters, $850
Piqua Education Foundation to Favorite Hill for literacy work stations, $1469
Piqua Education Foundation to PHS for dictionaries, $830
Piqua Education Foundation to Springcreek for character building lessons, $230
Piqua Education Foundation to PCS for student art cards project, $1450
Piqua Education Foundation to Springcreek for reading books, $500
Piqua Education Foundation to Wilder for social studies trips, $1384
Piqua Community Foundation to Favorite Hill for teacher materials, $310
Piqua Community Foundation to PCS for easels to feature student art, $500
Piqua Community Foundation to Bennett for positive behavior, $500
Piqua Community Foundation to Bennett for buckle down books, $970
Piqua Community Foundation to Favorite Hill for social studies trip, $1000
Piqua Community Foundation to PJHS for projector/cart, $1195
Piqua Community Foundation to Springcreek for writer/art/project books, $500
Piqua Community Foundation to PHS library for reading corner, $500
Piqua Community Foundation to PCS Music Department, $3530
Ohio Dept. of Ed. to PCS, for 6-month parent mentor project, $25,000
Miami County Foundation for English as a Second Language material, $378
Miami County Foundation to Favorite Hill for Reading A-Z.com, $460
Miami County Foundation to PHS for Show Choir/Jazz Band drum set, $1500
Miami County Foundation to PHS for Art Dept. ceramics & photography supplies, $1000
Miami County Foundation to Wilder for reading materials, $644
Piqua Community Foundation to PHS Art Club for LCD Projection Unit, $700
Piqua Community Foundation to PHS Science Dept. for maintenance to microscopes, $820

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Minutes/Recent Board of Education Meetings

July 13, 2010 Special Meeting  Download me! Download
June 24, 2010 Meeting  Download me! Download
May 27, 2010 Meeting  Download me! Download
May 10, 2010 Special Meeting  Download me! Download
April 22, 2010 Meeting  Download me! Download
April 22, 2010 Special Meeting  Download me! Download
March 24, 2010 Special Meeting  Download me! Download
March 24, 2010 Meeting  Download me! Download
February 25, 2010 Meeting  Download me! Download
January 28, 2010 Meeting  Download me! Download
January 5, 2009 Special Meeting  Download me! Download
December 17, 2009 Meeting  Download me! Download
December 9, 2009 Special Meeting  Download me! Download
December 8, 2009 Special Meeting  Download me! Download
December 3, 2009 Special Meeting  Download me! Download
November 19, 2009 Meeting  Download me! Download
November 17, 2009 Special Meeting  Download me! Download
October 22, 2009 Meeting  Download me! Download
September 24, 2009 Meeting  Download me! Download
August 27, 2009 Meeting  Download me! Download
August 11, 2009 Special Meeting  Download me! Download
July 23, 2009 Meeting  Download me! Download
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