Treasurer/CFO, Andrew Geistfeld
Mr. Geistfeld joined the Upper Arlington City Schools as Treasurer/Chief Finance Officer in November 2005. Prior to joining Upper Arlington, he was the Treasurer of the Olentangy Local School District in Delaware County. Mr. Geistfeld has served in public school districts since 2001 in various capacities. Before working for public schools he worked in the private sector as a Senior Manager with the accounting firm, KPMG.
Throughout his time in education, Mr. Geistfeld has been committed to being a good steward of public funds. He is Past-President of the Ohio Association of School Business Officials and a member in the Government Finance Officers Association.
Mr. Geistfeld is a graduate of the Upper Arlington City Schools. He received a Master of Business Administration from Mount Vernon Nazarene University and a Bachelor of Science in Business Administration from The Ohio State University. He also is a certified public accountant.
State Funding Update
After months of twists and turns in the state legislature, Ohio’s new biennium budget was finalized on June 30. Throughout the process you may have seen several newspaper articles with charts showing how much state funding UA Schools stood to lose or gain. The administration’s initial proposal had our district losing approximately $500,000 in fiscal year 2016, while the budget approved by the state legislature several months later had our district seeing an increase of approximately $400,000 in each of the next two years.
Despite all these ups and downs, we have ended up right where we started. Our state funding will stay flat for the next two years. How did we go from gaining significant funds to staying flat? The budget approved by the legislature included something called a funding floor that was vetoed by the governor. That provision phased in a guaranteed that all public schools would receive at least as much per-pupil funding as the state sends to private and parochial schools. Currently several Ohio districts, including Upper Arlington, receive significantly less per pupil than our neighboring private schools.
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