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Treasurer

A public school treasurer serves as the chief financial officer for a school district. The treasurer is responsible for the receipt, investment, accounting and disbursement of all of the public funds that the school district receives as required by law and in accordance with the board policies. The treasurer of an Ohio school district must hold appropriate certification to serve as the chief financial officer and reports directly to the Board of Education. While not an elected member of the Board of Education, the treasurer/CFO serves as the secretary to the board, maintaining official records, documents, contracts, and Board meeting minutes.

The treasurer is responsible for the compilation and submission of the Five-Year Forecast. The Five-Year Forecast serves as a tool to assess the financial health of a school district and is required to be submitted twice annually to the Ohio Department of Education (see Ohio Revised Code 5705.391 and Ohio Administrative Code 3301-92-04).

The treasurer is responsible for the preparation of the annual budget. By law, the Board of Education must adopt a budget by September 30 of each year. Each month, the Treasurer compiles monthly financial statements to provide budget to actual analysis. This information guides operational decisions and provides updates to the five-year forecast.

The treasurer is responsible for the preparation of an annual financial report. An audited Comprehensive Annual Financial Report or CAFR issuance is required by January 1. This report includes financial statements, budget statements, and statistical information about the District and the services and programs it provides. A Popular Annual Financial Report, or PAFR, provides an unaudited summary of the CAFR. 

The treasurer is also responsible for the oversight of daily operations of the Treasurer’s department, which includes the processing of receipts, payroll and benefits administration, vendor registration, accounts payable, fixed assets, and non-sufficient funds processing.

Summaries of the Five-Year Forecast and CAFR documents are available below.

Forecast Summary 
PAFR 2019

Contacts

 Emily Hatfield
Treasurer
 

 Melissa Griffith
Assistant Treasurer


Important Numbers

 Phone:  (740) 657-4050

 Fax:       (740) 657-4098