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<p class="MsoNormal"><span style="color:#1F497D">Dave, <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> I couldn’t agree with you more. I don’t think I would have lasted 30 years in this profession without the support of colleagues and the ITC’s. We are very fortunate!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> With that being said, I did not receive this request from OASBO because I am not a member of OASBO, and I will explain why. I believe, as their mission and vision states, OASBO should advocate on our behalf,
for operations that result in efficient and effective schools. Now, here comes my soapbox rant. . . . . GAAP! How can OASBO be in favor of GAAP as it is written in law now – a mandate, when a large majority of their membership does not do GAAP?<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> I have spoken with OASBO officers on this subject before. I have never requested that OASBO advocate to do away with GAAP. I do believe, however, it should be
<u>A LOCAL DECISION</u>. If my board wants me to spend my time and their money on a near worthless report, then I would do as my board requests.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> The amount of time and money being wasted by school officials to produce the report, and the time and money being wasted by the state auditing the report is crazy!!!!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> I believe my point is proven by the number of schools that have discontinued GAAP and . . . . . . . . nothing happened!! Nothing! Nada! Zip! I have also asked OASBO personnel, in public at a seminar,
if they had every requested a copy of their local schools GAAP report to make some sort of informed decision. The answer was no.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> And before anyone asks, Kalida did successfully issue bonds WITHOUT having a GAAP report. Could every school district do this? NO, but that’s where LOCAL CONTROL comes into play. IF you need GAAP for
something <u>productive</u>, DO IT! Here at Kalida, the Five-Year Forecast is a much more useful tool.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> As I said, I am not a member of OASBO anymore. When this issue fell on deaf ears, I decided I would spend the money I would have paid on a membership, on any GAAP fine. My thought was, if enough people
do that, maybe it would get OASBO’s attention. It would be nice not to get dinged in my audit for something so pointless!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> So, if any members of OASBO agree with me at all, maybe you could pass it along to the officers. [End Of Rant]
</span><span style="font-family:Wingdings;color:#1F497D">J</span><span style="color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Have a great day!!<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D">Cindy<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><span style="font-family:"Lucida Calligraphy";color:#1F497D">Cynthia Webken, Treasurer<o:p></o:p></span></b></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D">Kalida Local Schools<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D">P.O. Box 269<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D">Kalida, Ohio 45853<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D">Office: 419.532.3556<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy";color:#1F497D">Fax: 419.532.2277<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
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<p class="MsoNormal"><b>From:</b> David Fleming [mailto:dfleming@wauseonindians.org]
<br>
<b>Sent:</b> Thursday, February 22, 2018 8:11 AM<br>
<b>To:</b> oecn_treas@mail.oecn.k12.oh.us<br>
<b>Subject:</b> Findings for Recover/Licensure - Please Read and Then Act<o:p></o:p></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Dear Colleagues;<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">I receive many emails throughout the month form many of you regarding the help we all need from each other. Our collaboration is a very powerful tool and truly a great avenue to help insure each of our successes. This type of tool does
not exist in most industries. Given this, I sincerely hope you will ALL join me in responding to OASBO’s request for input for their upcoming February 26<sup>th</sup> meeting with the Auditor of State. I will be letting them know that it is beyond time for
change with regard to the unreasonably onerous connection each of us must manage when it comes to the connection between licensure, findings for recovery and our personal assets. We don’t own the place, therefore should not be held to this this unreasonably
high standard that no one else in the organization is held to. I have not done a cost benefit analysis, however I am confident the money and time wasted by finance offices (us) across the state chasing this sometimes elusive animal far outweighs and “recovery”
the state will ever receive from any of us.<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><b><i><u>Please</u></i></b> take this opportunity to be heard from and let the Auditor of State know how big this issue is for so many Professionals in every corner of the state.
<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Regards,<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Dave Fleming<o:p></o:p></p>
<p class="MsoNormal">CFO/Treasurer<o:p></o:p></p>
<p class="MsoNormal">Wauseon Exempted Village Schools<o:p></o:p></p>
<p class="MsoNormal">419-330-2009<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
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