LaBrae News
LaBrae & Mathews Commit to Shared Services
In June, the boards of education for Mathews Local Schools and LaBrae Local Schools finalized an agreement to continue to share a school treasurer for the next three fiscal years. Mr. Brad Panak, the current treasurer at Mathews Local, will continue to serve as the treasurer for both school districts through July 31, 2024. The continuation of this shared services arrangement denotes the Board’s attentive eye on fiscal stewardship, as the Board is committed to this innovative opportunity in an effort to most efficient with LaBrae tax revenue.
Mr. Panak’s full cost of employment in the current fiscal year, FY2022, which includes insurance and benefits, is $117,827.67. The treasurer's employment cost is split by both districts in a 50-50 cost sharing model. Based upon the employment costs for a treasurer in 2019-2020, LaBrae saved $47,232.56 last school year, fiscal year 2021. In FY2022, LaBrae will save $46,422.65. FY2023 will produce savings of $45,610.21, and savings of $44,795.22 in FY2024. Over the course of the three year agreement, LaBrae anticipates saving a total of $136,828.
LaBrae Joins OhioCheckBook.Gov
COLUMBUS - Ohio Treasurer Robert Sprague today announced that the LaBrae Local School District (Trumbull County) has joined OhioCheckbook.gov.
“With OhioCheckbook.gov, taxpayers have the opportunity to access state and local government spending at the click of a button,” said Treasurer Sprague. “We’re proud to have LaBrae Local Schools as a new partner in transparency and help provide this direct look at where residents’ tax dollars are going.”
The LaBrae Local School District is the 18th public entity in Trumbull County to join OhioCheckbook.gov. The district’s online checkbook includes more than 34,000 individual transactions representing over $55.7 million in spending from July 2017 through December 2020.
“The LaBrae Local School District is very excited for the District to partner with Ohio Checkbook to improve fiscal transparency to our taxpayers and stakeholders,” said LaBrae Local Schools Treasurer Brad Panak.
OhioCheckbook.gov was launched in June 2020. The transparency website combined OhioCheckbook.com (previously administered by the Treasurer’s office) and Ohio’s Interactive Budget (previously operated by the Office of Budget and Management) to create a single, one-stop resource for taxpayers to learn more about spending at the state and local government levels.
By streamlining website administration, eliminating duplication, and reducing overall operating costs, OhioCheckbook.gov will keep government transparency at taxpayers’ fingertips for years to come.
You can learn more about the LaBrae Local School District by visiting their page on the Ohio Checkbook. To access another local government website, visit the Local Government & Schools page on OhioCheckbook.gov.