Course Details: ODE School Funding Update and Budget Recap
Target Audiences: School Districts
Category: Public Finance
This course will update school business officials with changes in funding due to the latest state budget. This will give school business officials the information they need to help forecast the district’s finances for the required five year forecast. The course will provide a review of changes made in the recently enacted state budget for FY18 and FY19. The presentation will also discuss implementation of these changes and the impact on local school districts.
The funding of primary and secondary education in the state has always been a partnership between the state and the local school district. School districts derive a significant amount of their total operating resources from the state. Understanding the impact of changes made in the budget are critical for school treasurers.
Aaron Rausch serves as the Director of Budget and School Funding at the Ohio Department of Education. Prior to coming to the department, Aaron worked for the Ohio Office of Budget and Management as a budget analyst in the education section, and as a performance auditor focusing on school district performance audits at the Ohio Auditor of State's Office.