Scott Gainer has spent the last 13 years with the Cleveland Heights-University Heights City School District and has served as Treasurer/Chief Financial Officer for the last three-and-a-half years. Prior to this, he served as the District’s Assistant Treasurer. Before joining the District, the certified public accountant was a senior consultant at the accounting firm Deloitte & Touche LLP. Highly respected in his field, Gainer graduated summa cum laude from Kent State University, and is president of the Northeast Chapter of the Ohio Association of School Business Officials.

Excellence in Financial Accountability

The Cleveland Heights – University Heights City School District was presented with the “Making Your Tax Dollars Count” award for their fiscal year 2007 audit by Auditor of State Mary Taylor’s office. Fewer than five percent of all Ohio government agencies are eligible for this award.

“It is an honor to recognize Cleveland Heights - University Heights City School District officials for their commitment to strong financial accountability,” Taylor said. “Congratulations on your hard work and for being trustworthy stewards of taxpayer dollars.”

Certain criteria must be met to receive the “Making Your Tax Dollars Count” award. Standards include:

• The entity must complete and submit a Comprehensive Annual Financial Report (CAFR).
• There must be no findings or issues present in their most recent audit report.
• There must be no other financial concerns involving the entity.

“This acknowledgment further demonstrates the District’s conscientious drive to be efficient with its use of resources and transparent in its financial activity,” Chief Financial Officer Scott Gainer said.

For the fifth straight year, the District received the Certificate of Excellence in Financial Reporting from the Association of School Business Officials for its Comprehensive Annual Financial Report (CAFR). The Certificate of Achievement is one of the highest forms of recognition in the area of governmental accounting and financial reporting and is given to government agencies that publish a comprehensive financial report according to a strict set of standards.

Comprehensive Annual Financial Report – 2009
Comprehensive Annual Financial Report – 2008
Comprehensive Annual Financial Report – 2007
Comprehensive Annual Financial Report – 2006
Comprehensive Annual Financial Report – 2005
Comprehensive Annual Financial Report – 2004

The five-year forecast allows school districts to adequately plan their financial future because it includes the current year’s budget in addition to the financial outlook for the next four years. As things become known, the forecast can, and will, be re-submitted to the Board of Education as often as necessary for informed fiscal planning.

Five-Year Forecast