Financial Information

Glossary of School Financial Terms

Visit this web site to learn important financial terms. This glossary was created by the Ohio School Boards Association.

SWL's Financial Information

Visit the financial information page of the Southwest Licking Local School District.

SWL's Popular Annual Financial Report (PAFR)

Visit the SWL web site to learn about financial projections, enrollment projections, expenditures, and other important information in this 12-page report.

SWL's Five-Year Financial Forecast

Visit the SWL web site to read the Treasurer's Five-Year Forecast.

How to read a Five-Year Forecast

Visit the Ohio Department of Education web site to learn how to read and understand a five-year forecast.

School Funding in Ohio

Learn about mills, SWL's state designation, levy types, and other important state funding information.

SWL Student Growth since 2002

See a chart of SWL growth in student enrollment since 2002.

SWL Budget Cuts for 2010/2011 and 2011/2012

Presently, the district is making cuts 1.2 million dollars in cuts to the budget for the next two calendar years. These cost savings measures will take place despite any levy outcome:
  1. One school psychologist is retiring at the end of the 2009/2010 school year. This position will not be filled, leaving the district with three licensed school psychologist, for a savings of $113,400.
  2. One elementary school guidance counselor is retiring at the end of the 2009/2010 school year. This position will be filled with certificated personnel within the district for a cost savings of $104,000.
  3. The treasurer's assistant recently took a position in another school district. This position will not be filled for a savings of $63,300.
  4. Each department budget in the district will see an additonal 10% cut for the next two school years for a savings of $62,000. Those budgets were cut 10% at the beginning of the 2009 school year, as well. 
  5. One high school English teacher is retiring at the end of the 2009/2010 school year. That position will be filled by current staff for a savings of approximately $44,000.
  6. The district has applied for waiver days from the Ohio Department of Education that would allow teachers to be present at school for professional development without students, therefore requiring no substitute teachers. This alone would save the district approximately $60,000.
  7. All discretionary monies for budgeted building meetings and department meetings will be eliminated for a savings of $30,900. 

Other measures are being considered and will be shared with you as soon as they are approved.