While we're waiting...

I sent a second email to Elaine Cappucci asking where the superintendent's contract will be posted on the MTLSD website yesterday and have not received a reply. Per her email sent to me on Monday, This just in UPDATED, the contract was going to be posted this week. Likewise, the Superintendent Goals for the new school year have yet to be seen. I don't understand why things take so long with the school district. The Board meeting reports from the President and the Superintendent stop in August. Meanwhile, the Municipality seems to have a less than 24 hour turnaround time.

While we're waiting, a Lebo Citizens reader sent me a local government management guide published by the New York State Comptroller's Office, Local Government and School Accountability Division,
Financial Condition Analysis.

Another Lebo Citizens reader sent me this information, which is disappointing.

You may remember all the hype about the property tax relief homeowners were going to get from legalized gambling in Pennsylvania.  Well, here are the actual dollars saved per each home in Mt. Lebanon after the politicians finished carving out their slice of the pie for their department in Harrisburg. These are the folks the school board keeps begging for money.

Year
Dollars Saved

2008-2009
$194 

 

2009-2010 

$192 

2010-2011 

$188 

2011-2012 

$185 

2012-2013 

$184 

2013-2014 

$183 

 The $1,000,000 home and the $100,000 home each receive the same dollar amount. 

 Source: Allegheny Institute Report #13-05 September 2013

"Splain it to me, Lucy."

More and more people are asking the same question that David Huston has presented to Jan Klein, so I thought I should post it here.   Maybe someone can come forward and explain Jan Klein's math.  I have been told that it has to do with gaming revenue, but we can't figure out how she accounts for it.  As Ricky Ricardo used to say, "Splain it to me, Lucy."

Budget forecast

From: wq3t@hotmail.com
To: jklein@mtlsd.net
CC: tsteinhauer@mtlsd.net
Subject: RE: forecast millage question
Date: Mon, 26 Sep 2011 02:43:50 +0000

Ms. Klein,
  I showed the formulas on the sheet and pointed to the answers. I have attached the same sheet to this message for your review.

Here they are again:
Audited 2009-2010
Real Estate Tax 48,362,461 divided by Assessed Valuation 2,154,641,502 equals 2.24% or 22.4 mills.
Millage rate 24.11 minus previous answer 22.4 mills equals 1.71 mills.
How do you account for the difference of 1.71 mills?

Budgeted 2010-2011
Real Estate Tax 53,570,408 divided by Assessed Valuation 2,170,447,511 equals 2.47% or 24.7 mills.
Millage rate 26.63 minus previous answer 24.7 mills equals 1.93 mills.
How do you account for the difference of 1.93 mills?

Final Budget 2011-2012
Real Estate Tax 53,806,797 divided by Assessed Valuation 2,173,384,611 equals 2.48% or 24.8 mills.
Millage rate 26.63 minus previous answer 24.8 mills equals 1.83 mills.
How do you account for the difference of 1.83 mills?

Let me know if you have any questions.

David Huston

---

From: JKlein@mtlsd.net
To: wq3t@hotmail.com
CC: TSteinhauer@mtlsd.net
Subject: FW: forecast millage question
Date: Sun, 25 Sep 2011 15:28:19 +0000

Mr. Huston,

I am not sure what your calculations are, so I can’t respond accurately to your question.

Respectfully,

Jan Klein

Jan Klein

Director of Business

Mt. Lebanon School District

7 Horsman Drive

Pittsburgh, PA  15228

412-344-2098

I prefer the errors of enthusiasm to the indifference of wisdom - Anatole France

From: David Huston [mailto:wq3t@hotmail.com]
Sent: Friday, September 23, 2011 1:58 PM
To: Jan Klein
Subject: forecast millage question

Ms. Klein,
  See attached pdf with question for you.
David Huston