Press Release
May 3, 2019
FCS District
Treasurer/CFO hosts “Citizen’s Financial Review” Committee
Contact: Kevin Philo
A diverse group of
community members met this week to look at school finances and provide input to
the school district Treasurer/CFO Kevin Philo. The purpose of the committee is
to provide honesty and open communication about the finances of Fairborn City
Schools. Philo stated “We value your opinions and we want to encourage open and
honest conversation. The district is financially stable and we will work hard
to keep it that way.”
Attendees reviewed a
financial history of the district including projected expenditures and
revenues. The also reviewed “Per Pupil Expenditures” in comparison to other
local school districts and tax rates.
The committee and
Treasurer’s office will work hard to provide:
*Easy to understand
Financial Data for the public and staff
*Benchmarks for
comparison to prove value
*Solid short and long
range financial projections
*Precise financial
planning to avoid emergencies and large voter requests
The district has award
winning financial reports including the “Auditor of State” award and the CAFR.
The Fairborn Schools
Citizen’s Financial Review Committee is comprised of over 25 individuals with
diverse backgrounds including the Superintendent, Board President,
representatives of the teachers and classified staff, senior citizens, business
owners, and overall concerned citizens interested in improving Fairborn
Schools.
The next meeting of the
committee will be in September. For more in depth financial information, please
visit the Fairborn City Schools website at: www.fairborn.k12.oh.us.