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Sharing the Facts

FINDLAY CITY SCHOOLS WILL BE ON THE NOVEMBER 5TH BALLOT.
 
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Why? (with down arrows)
Voters have not approved new operating money for FCS since 2004.
 
Cost savings through attrition or cuts alone is no longer sustainable. 
 
Federal ESSER funding from COVID provided short term supplemental funding, but ends September 2024.
 
Findlay City Schools faces a fiscal deficit without new operating money.
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Three Buckets of School Funding
1% Earned Income Tax

Applies to earned income.


It does not tax:

  • retirement income
  • Social Security income
  • IRA distributions
  • pensions
  • unemployment compensation
  • workers' compensation
  • interest and dividends
  • capital gains
  • royalties
  • profit from rental activities
  • lottery winnings
  • distributive shares of profit from S Corporations
  • alimony received
  • disability, survivor, or welfare benefits
  • child support
  • investment income
  • distributions from trusts and estates
     

With a property tax, FCS does not get more money when property values go up. Unlike property tax collection, with an earned income tax the community and the school district rise and fall together with the economy.

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Board of Education Statement | September 16, 2024
Findlay City Schools: Protecting Excellence
Read More
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Trojan Treasurer Time

 

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Episode Four: TTT