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Ross LSD Saves Taxpayers $2,043,589 through Bond Refinancing

 

 

On August 23, 2016 Ross Local Schools refinanced $8,950,000 in outstanding bonds originally issued in 2006.  Just like a homeowner can refinance their mortgage to take advantage of lower rates, a district can refinance their outstanding debt when interest rates move downward.  The refinancing of this prior debt will save the district approximately $2,043,589 over the next twelve years.  This savings will be reflected in lower property taxes to District residents over the life of the bond issue. 

 

The 2006 bonds were originally issued with an average interest rate of 4.31%.   The District was able to lock in historically low interest rates.  The refunding bonds were sold on August 23rd at varying interest rates, averaging 2.07%.

 

Through the refinancing process the District received confirmation of the District’s excellent Aa2 credit rating from Moody’s Investors Service.  The Moody’s credit rating report cited the District’s healthy fund balances, stable assessed valuation base, and favorable location in the Cincinnati metro area as factors for this excellent credit rating.

 

 RBC Capital Markets (Cincinnati) served as the underwriter for the refunding bond sale.

 



Kindergarten Registration for 2017-2018

posted Feb 9, 2017, 11:09 AM by Scott Gates

Kindergarten registration will be held at Elda on Tuesday, March 21st from 6:00-8:00 PM. In addition, parents may register students March 22, 23, & 24 at Elda from 9:30AM-3:00PM. Children who are five years of age before August 1st are eligible to attend next year’s kindergarten classes. Enrollment papers may be picked up prior to registration beginning March 7th.

 

Morgan Kindergarten Registration will take place in the Morgan Elementary School office on the following dates and times:
February 13, 15, 17 from 7:30 A.M. – 4:00 P.M.
February 14 & 16 from 7:30 A.M. – 7:00 P.M.
March 27, 28, 29, 31 from 7:30 A.M. – 4:00 P.M.
March 30 from 7:30 A.M. – 6:00 P.M.

 

In order to register your child for kindergarten we ask parents to bring the child’s original birth certificate (a hospital record is not acceptable), the required immunization record, and any custody documents that will clarify divorce or other court ordered arrangements. Parents will also need to have residency documentation which requires one of the following:

1) either rent or house payment receipt reflecting your name and address or

2) telephone and/or utility receipt reflecting your name and address. If these are not possible then residency affidavits will need to be completed and notarized.

-No Exceptions

Revised 2017-2018 school calendar approved by Board

posted Jan 31, 2017, 4:47 AM by Scott Gates

At the January 27, 2017 Ross Local Schools regular board meeting a revised 2017-2018 school calendar was approved by the Ross Board of Education.  This calendar can be found on the left side of the main page of this website.  District administration and staff worked diligently together to make changes that will best meet student needs and allow for staff professional development throughout the school year.

Ross Local Schools Virtual Bulletin Board

posted Jan 26, 2017, 8:09 AM by Scott Gates

Have you ever misplaced a flyer that was sent home or you never received it?  Coming soon to the Ross website will be a virtual bulletin board.  All flyers sent home with your child will also be uploaded onto the bulletin board.  Each flyer will be titled with the date it was sent home. You will have the option of reading it online or printing it out as needed. Our goal is for the site to be live February 1, 2017.

January is School Board Recognition Month

posted Dec 29, 2016, 5:29 AM by Scott Gates

Thank your school board member today

School board members exemplify local citizen control and decision-making in education. They volunteer hundreds of hours and an immeasurable amount of energy to assure that our schools are providing the best education possible for the children of our community. Here are some reasons we are taking this opportunity to show them our appreciation during School Board Recognition Month in January.

School board members are citizens whose decisions affect our children — what they learn, who will teach them and what kinds of facilities house their classrooms.

These are men and women elected to establish the policies that provide the framework for our public schools. They represent you, and they take this responsibility seriously by attending lengthy — sometimes challenging — meetings, conferences and institutes where they broaden their knowledge about education; during numerous conversations about the schools; and sessions before the Ohio General Assembly.

Our school board is one of more than 700 such boards across the state. These boards enable us to have local control of public schools, meaning that decisions on school programming are made by local, elected representatives who understand the community’s unique problems, values, culture and circumstances.

It’s a tradition that began nearly 300 years ago. With the advice and counsel of the educational professionals they hire, our school board has an impact on virtually every aspect of our schools. It’s a huge responsibility and one that should not be taken lightly.

Too often we neglect to recognize the dedication and hard work of these men and women who represent us. The staff and students of our school district are asking all local citizens to take a moment to tell a school board member “thanks for caring about our children’s education.”

So, hats off to the dedicated men and women who make it possible for local citizens to have a say about education in our communities. We salute the public servants of the Ross Local School District whose dedication and civic responsibility make local control of public schools in our community possible. We applaud them for their vision and voice to help shape a better tomorrow.  Thank you to:


Mr. Edward Bosse
Mr. Keith Klinefelter
Mr. Michael Kroeger
Mr. Steve Stitsinger

Mr. Shawn Webster


Interested in substitute teaching?

posted Dec 15, 2016, 10:13 AM by Scott Gates

The Ross Local School District is in search of substitute teachers. Sub teachers are critical for our school district to keep the learning process going when a classroom teacher is out for professional training or personal reasons. 

All that is required to substitute teach is a bachelor's degree. This is a great opportunity for those who would like the flexibility of choosing a schedule that works best for them. Ross pays $85/day for substitute teachers. 

If you or someone you know may be interested, please share this link with them. http://www.bcesc.org/page/substitute-opportunities

Ross Local School District Weather Statement

posted Dec 15, 2016, 2:40 AM by Scott Gates

Ross Local Schools are on a two hour delay for Thursday, December 15, 2016. There will be no a.m. kindergarten or preschool  

Winter Break

posted Dec 13, 2016, 5:42 AM by Scott Gates   [ updated Dec 16, 2016, 12:41 PM ]

The last day for students will be Tuesday, December 20, 2016 and the students will return to school on Wednesday, January 4, 2017.   On behalf of the entire Ross staff I would like to wish everyone a Merry Christmas and Happy New Year!

Meet and Greet with the Superintendent and Treasurer

posted Oct 10, 2016, 5:18 AM by Scott Gates

Superintendent Scott Gates and Treasurer John Kinsel will be at the Ross High School media center on Wednesday, October 19, 2016 6:00 p.m. to 8:00 p.m. to meet with Ross community members.  This is an opportunity to get to know  Mr. Gates and Mr. Kinsel, share ideas, share concerns and ask questions.  We look forward to seeing you.  Additional meetings will be scheduled each month.

Ross LSD Saves Taxpayers $2,043,589 through Bond Refinancing

posted Oct 6, 2016, 5:18 AM by Scott Gates

 

On August 23, 2016 Ross Local Schools refinanced $8,950,000 in outstanding bonds originally issued in 2006.  Just like a homeowner can refinance their mortgage to take advantage of lower rates, a district can refinance their outstanding debt when interest rates move downward.  The refinancing of this prior debt will save the district approximately $2,043,589 over the next twelve years.  This savings will be reflected in lower property taxes to District residents over the life of the bond issue. 

 

The 2006 bonds were originally issued with an average interest rate of 4.31%.   The District was able to lock in historically low interest rates.  The refunding bonds were sold on August 23rd at varying interest rates, averaging 2.07%.

 

Through the refinancing process the District received confirmation of the District’s excellent Aa2 credit rating from Moody’s Investors Service.  The Moody’s credit rating report cited the District’s healthy fund balances, stable assessed valuation base, and favorable location in the Cincinnati metro area as factors for this excellent credit rating.

 

 RBC Capital Markets (Cincinnati) served as the underwriter for the refunding bond sale.

 

Substitutes Needed!

posted Sep 6, 2016, 10:45 AM by Scott Gates

Ross Local Schools is taking applications for substitute staff for multiple positions.  If you are interested in serving as a substitute in any of the positions listed below, please call Susan Genton, administrative assistant, Superintendent’s Office at 513-863-1253.


Available substitute positions:


Custodian

Cafeteria

Secretaries

Bus Drivers - must have CDL license

Paraprofessionals/Student Assistants


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