Quality Profile » Fiscal Stewardship

Fiscal Stewardship

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Financial responsibility ensures that the majority of funding is spent on instruction.

Goshen provides a great education in a fiscally responsible manner 

Per pupil spending: Goshen vs the State of Ohio
Goshen Local Schools produces excellent results at below average costs. The average cost per pupil is significantly lower than the state average. GLSD cost per pupil for FY 2019 is $8,942 while the state of Ohio average is $9,883.
chart showing per pupil spending
Goshen’s FY2020 operating revenue
In Ohio, the funding of schools is shared by the state and local school districts. The Ohio General Assembly determines the cost of an adequate education. The chart below, which represents Goshen’s FY2020 funding sources, demonstrates the low burden on our local taxpayers.
chart showing funding percentages
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Proactive planning, efficient operations make effective use of taxpayer dollars

Approximately 1% of tax revenue comes from commercial/industrial means. Due to strong, proactive planning and operating inside our means, GLSD has not received an increase in property tax dollars by the means of an operating levy since 1976, in large part because taxpayers approved a 1% income tax issue in 1989.
In 1999 the district was fortunate to couple with the State of Ohio on a 80% - 20% construction project that cost taxpayers $6,891,000 and the state paid $26,352,360.   These approved bond dollars allowed us to build a new high school, renovate Spaulding Elementary School, Marr/Cook and Goshen Middle School. Due to timely refinancing and wise financial decisions, this debt issue should be paid off early, saving tax payers dollars.
This 1999 bond issue was be paid off in December 2019.  Originally this bond issue was structured to be paid down by 2023. However, through wise investments and refinancing the bonds the 2019 early pay off saved the community and taxpayers nearly $1.2 million dollars.
chart of energy expenditures
With the addition of energy efficient initiatives funded through low interest loans, Goshen has saved more than
$200,000 yearly since 2008. Over the past 12 years the district has saved more than $3.6 million through proactive planning, which include new initiatives and cost saving measures such as LED lighting, installing high efficiency boilers/chillers and electronically controlling our energy use through technology innovations.
energy star award
Goshen Local Schools administration presented at the Ohio Association of School Business Officials annual School Facilities Conference, showcasing Goshen's proactive energy savings and cost-effective facilities maintenance program.  These programs save millions of dollars, which can be spent on educating our students.
*All Goshen Local School District buildings are Energy Star Certified