Please click on the link below to view the LHSD Five Year Forecast Financial Report.
Following a public hearing earlier in the evening, the Board of Education of the Logan-Hocking Local School District adopted a tax budget for Fiscal Year 2021 (7/1/20 – 6/30/21) at its Organizational Meeting held on Monday, January 6, 2020. Treasurer Paul Shaw prepared the tax budget and recommended its approval to the Board. Treasurer Shaw reminded the Board that the Tax Budget is an important step in a school district’s fiscal planning. It is the financial plan for a distri...
On Friday, May 3rd, the Logan-Hocking Local School District Treasurer, Paul Shaw became the recipient of the Ohio Auditor of State Award with Distinction. Dominic Ciano, Southeast Regional Liaison for Keith Faber, Ohio Auditor of State, formally presented the award to Shaw, at the Board Office that afternoon.
The bi-weekly payroll for the Logan-Hocking Local School District exceeded $1 million for the first time on December 28, 2018. Treasurer Paul Shaw reported that the payroll for this two week period was $1,002,892. The employees of the School District are its greatest assets. The School District and its employees have a major impact on the regional economy. Seven hundred and nine (709) individuals were paid this period, including five hundred and twenty three (523) regular/contracted employee...
For the third consecutive calendar year, local real estate taxpayers will see a reduction in tax rates associated with the Logan-Hocking Local School District. The full voted tax rate for the School District has been reduced from 33.5 mills (2018 collection year) to 33.2 mills (2019 collection year). A homeowner whose residence has a $100,000 assessed value will see school district related taxes decrease by over $9.
Pledging to continue to provide financial forecasts that are current, consistent and credible, Logan-Hocking Local School District Treasurer/Chief Fiscal Officer Paul Shaw presented his most recent forecast to the Board of Education on Monday June 25, 2018. Despite anticipated deficits of $947,000 in Fiscal Year 2018 and $881,000 in Fiscal Year 2019, the Treasurer forecasts near breakeven operating surpluses in Fiscal Years 2020, 2021 and 2022. The General Fund carryover cash balance absorbs t...
The Logan-Hocking Local Board of Education will hold a public auction to sell four City of Logan lots that currently make up the former Logan High School parking lot near Central Elementary School on the hilltop. The public auction will take place on Friday, September 9 at 1:00 PM at the parking lot located between West Angle Avenue and West Poplar Street.
School District Breaks Even in FY 2016 Once again, the Logan-Hocking Local School District finished its most recent year operating in the black. Treasurer and Chief Fiscal Officer Paul Shaw reported to Board of Education that General Fund revenues exceeded expenditures by $96,400 in the fiscal year ended June 30, 2016 (FY 2016). General Fund operating revenues and expenditures remained virtually unchanged from the prior year (FY 2015), increasing 0.6 % and 1.2% respectively.
ASBO International has named five Comprehensive Annual Financial Reports (CAFRs) as "Award-Winning" on their Annual Meeting & Expo site, and we are happy to report that Ohio's Logan-Hocking Area School District was among those chosen. Treasurer Shaw wishes to thank the Logan-Hocking Local Board of Education, his staff and School District employees district-wide for their support and efforts related to this important work.
Click on the link below to read more about this savings. Local Taxpayer Savings
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