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District Financials

 

                                             Fiscal Fast Facts
 
● Chardon’s annual revenue is approximately $34 million dollars

● Revenue stream: local taxes 67%, state support 27%, other sources 6%

                                                      REVENUE

 

EXPENDITURES


 


                                       Fiscal Challenges
 
● The elimination of the Tangible Personal Property (TPP) tax reimbursement for Chardon Local Schools results in a loss in revenue close to $1 million dollars annually 


● Chardon lost over $580,000 to charter and e-schools in the 2016-17 school year; comparable losses are expected on a yearly basis


● Chardon receives approximately $1,270 per student from the state while charter schools receive $6,010


● Due to the impact of these state reductions, the district has placed a 3.9 mil continuing operating levy on the November 2017 ballot. Almost half of this 3.9 millage request is due to the loss of the TPP reimbursement

 

Citizens for Chardon Schools
CoCo Griffis, Treasurer
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