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School Treasurer Case Study

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RITTMAN DISTRICT — Board member Dave Plahuta knows a thing or two about school district financials, having retired as a school treasurer, and he likes what he sees in Rittman. “Wonderfully done, Mark,” Plahuta said to Treasurer Mark Dickerhoof after presenting a financial snapshot of how the district finished the 2015-2016 academic year during the school board meeting Tuesday. “We ended the year on a good note,” Dickerhoof said, adding the district was able to add to its cash balance. “We’re hoping to do the same thing in 2017.” The “good note” was ending with $2 million in carry-over funding. Plahuta, who served as a treasurer in Rittman and retired from Polaris Career Center after 25 years, was pleased to revenue came in 1.8 percent higher than anticipated, and the expenses came in 2.5 percent lower than estimated. He liked that Dickerhoof was conservative with his revenue projects and did not over-inflate estimated expenses — the result being a nice carry-over. …show more content…

“You not only structured it that way, but you executed it that way.” Superintendent Jon Ritchie reported all of the district’s positions had been filled, but, as always, it was subject to change any minute. The first day of school for Rittman students is Monday, Aug. 22. Reporter Bobby Warren can be reached at 330-287-1639 or bwarren@the-daily-record.com. He is @BobbyWarrenTDR on

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