Bethel, Ohio 45106
Bethel-Tate named in the top 100 High Schools in Ohio by US News and World Report.
In 1993 the State of Ohio started providing supplemental state payments to low-wealth districts in an attempt to equalize disparities in per-pupil spending among districts. These additional monies were called Equity aid (or the low wealth aid). Equity funds were phased out by Fiscal Year 2005.
These state-funded unrestricted Equity dollars were placed into restricted special revenue 499 funds in the late 90's and early 2000's. In 2004 the remaining total of these funds equaled $819,867.65. On May 17, 2004 the Board of Education took action to restrict these monies leaving them in the 499 fund to be "used for any purpose permissible for the general fund at such time when the general fund does not have adequate funds." To date, these monies have remained untouched.
month the Board of Education will take action to more adequately
reflect the existence of these funds by moving them into the General
Fund with possibly all or a portion of these monies continuing to have
some type of restriction. Restricted funds are funds that are to be
used only in a specific way or for a specific purpose. If you have any
questions or concerns about these monies please contact your Board of