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Strongsville City School District (SCSD) Bank Balances and Interest Paid From July 2015 Through Sept. 2019
Strongsville City School District (SCSD) Bank Balances and Interest Paid From July 2015 Through Sept. 2019
Bank Balances & Interest Revenue
(excludes bond funds)
FY 15
July August September October November December January February March April May June Average
US Bank $ 17,332,545 $ 17,074,661 $ 10,794,499 $ 10,281,333 $ 14,861,388 $ 7,720,478 $ 8,262,136 $ 25,786,608 $ 6,237,664 $ 5,464,533 $ 5,464,533 $ 6,311,732 $ 11,299,343 45.24%
STAROhio $ 2,412,341 $ 3,579,715 $ 6,660,324 $ 3,660,561 $ 5,338,366 $ 2,338,496 $ 111,550 $ 253,537 $ 12,136,777 $ 6,351,872 $ 6,351,872 $ 3,629,202 $ 4,402,051 17.62%
STAROhio Plus $ 10,018,184 $ 10,019,884 $ 10,019,884 $ 10,023,230 $ 7,024,686 $ 7,025,878 $ 7,027,070 $ 7,028,147 $ 10,029,652 $ 10,031,299 $ 10,031,299 $ 13,035,602 $ 9,276,235 37.14%
$ 29,763,070 $ 30,674,260 $ 27,474,707 $ 23,965,124 $ 27,224,440 $ 17,084,852 $ 15,400,756 $ 33,068,292 $ 28,404,093 $ 21,847,704 $ 21,847,704 $ 22,976,536 $ 24,977,628
US Bank Interest $ ‐ $ ‐ $ 616 $ 97 $ 224 $ 206 $ 150 $ 777 $ 705 $ 74 $ 74 $ 11 $ 2,934
Bank Fees $ (2,118) $ 2,177 $ (1,476) $ (1,371) $ (1,111) $ (1,918) $ 387 $ (494) $ (429) $ (263) $ (231) $ (250) $ (7,097) Total Bank Fees
Net US Bank $ (2,118) $ 2,177 $ (860) $ (1,274) $ (887) $ (1,712) $ 537 $ 283 $ 276 $ (189) $ (157) $ (239) $ (4,163)
‐0.01% 0.01% ‐0.01% ‐0.01% ‐0.01% ‐0.02% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% ‐0.04%
STAROhio Interest $ 56 $ 70 $ 182 $ 237 $ 175 $ 131 $ 25 $ 11 $ 306 $ 317 $ 317 $ 398 $ 2,225
0.00% 0.00% 0.00% 0.01% 0.00% 0.01% 0.02% 0.00% 0.00% 0.00% 0.00% 0.01% 0.05%
STAROhio Plus Interes $ 1,700 $ 1,700 $ 1,646 $ 2,111 $ 1,455 $ 1,192 $ 1,193 $ 1,076 $ 1,505 $ 1,785 $ 1,785 $ 2,141 $ 19,289
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.21%
Meeder Interest $ 1,756 $ 1,770 $ 2,444 $ 2,445 $ 1,854 $ 1,529 $ 1,368 $ 1,864 $ 2,516 $ 2,176 $ 2,176 $ 2,550 $ 24,448 total Interest
Bank Fees $ (2,118) $ 2,177 $ (1,476) $ (1,371) $ (1,111) $ (1,918) $ 387 $ (494) $ (429) $ (263) $ (231) $ (250) $ (7,097) Total Bank Fees
$ (362) $ 3,947 $ 968 $ 1,074 $ 743 $ (389) $ 1,755 $ 1,370 $ 2,087 $ 1,913 $ 1,945 $ 2,300 $ 17,351 Net Interest
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.10% ROI
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.01% 0.01% 0.01% 0.01% 0.07% ROI Net
FY 16
July August September October November December January February March April May June Average
US Bank $ 22,315,852 $ 24,859,781 $ 16,755,365 $ 15,976,070 $ 9,516,169 $ 5,420,147 $ 11,057,486 $ 27,973,857 $ 27,076,792 $ 27,403,216 $ 22,534,619 $ 17,667,352 $ 19,046,392 57.31%
STAROhio $ 3,629,470 $ 3,634,354 $ 3,634,755 $ 3,635,248 $ 3,635,807 $ 3,636,559 $ 1,500,378 $ 1,500,855 $ 1,501,424 $ 1,502,016 $ 1,502,647 $ 1,503,291 $ 2,568,067 7.73%
STAROhio Plus $ 13,037,814 $ 13,040,027 $ 13,042,168 $ 13,044,382 $ 13,046,631 $ 13,048,956 $ 10,188,462 $ 10,191,291 $ 10,194,494 $ 10,197,594 $ 10,200,798 $ 10,203,901 $ 11,619,710 34.96%
$ 38,983,136 $ 41,534,162 $ 33,432,288 $ 32,655,700 $ 26,198,607 $ 22,105,662 $ 22,746,326 $ 39,666,003 $ 38,772,710 $ 39,102,826 $ 34,238,064 $ 29,374,544 $ 33,234,169
US Bank Interest $ 589 $ 978 $ 1,152 $ 805 $ 479 $ 74 $ 278 $ 789 $ 1,950 $ 1,528 $ 1,440 $ 1,183 $ 11,245
Bank Fees $ (299) $ (567) $ (588) $ (204) $ (246) $ (525) $ (530) $ (682) $ (482) $ (924) $ (514) $ (342) $ (5,903) Total Bank Fees
Net US Bank $ 290 $ 411 $ 564 $ 601 $ 233 $ (451) $ (252) $ 107 $ 1,468 $ 604 $ 926 $ 841 $ 5,342
0.00% 0.00% 0.00% 0.00% 0.00% ‐0.01% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.03%
STAROhio Interest $ 268 $ 349 $ 401 $ 493 $ 559 $ 752 $ 526 $ 477 $ 570 $ 592 $ 631 $ 645 $ 6,263
0.01% 0.01% 0.01% 0.01% 0.02% 0.02% 0.04% 0.03% 0.04% 0.04% 0.04% 0.04% 0.24%
STAROhio Plus Interes $ 2,212 $ 2,213 $ 2,142 $ 2,213 $ 2,249 $ 2,325 $ 2,799 $ 2,829 $ 3,203 $ 3,100 $ 3,205 $ 3,102 $ 31,592
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.27%
Meeder Interest $ 3,069 $ 3,540 $ 3,695 $ 3,511 $ 3,287 $ 3,151 $ 3,603 $ 4,095 $ 5,723 $ 5,220 $ 5,276 $ 4,930 $ 49,100 total Interest
$ (299) $ (567) $ (588) $ (204) $ (246) $ (525) $ (530) $ (682) $ (482) $ (924) $ (514) $ (342) $ (5,903) Total Bank Fees
$ 2,770 $ 2,973 $ 3,107 $ 3,307 $ 3,041 $ 2,626 $ 3,073 $ 3,413 $ 5,241 $ 4,296 $ 4,762 $ 4,588 $ 43,197 Net Interest
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.02% 0.01% 0.01% 0.01% 0.02% 0.02% 0.15% ROI
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.02% 0.13% ROI Net
FY 17
July August September October November December January February March April May June Average
US Bank $ 22,013,127 $ 17,399,040 $ 11,924,977 $ 13,780,678 $ 5,260,873 $ 6,554,225 $ 7,362,907 $ 24,971,551 $ 23,922,254 $ 21,452,022 $ 11,182,022 $ 6,078,433 $ 14,325,176 35.41%
STAROhio $ 1,707,905 $ 9,711,350 $ 9,717,290 $ 9,722,460 $ 9,727,852 $ 3,730,982 $ 2,132,690 $ 2,133,966 $ 2,135,536 $ 2,137,262 $ 10,142,442 $ 10,151,288 $ 6,095,919 15.07%
STAROhio Plus $ 1,257 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 105 0.00%
Meeder Investments $ 20,000,000 $ 19,999,043 $ 19,997,835 $ 19,996,382 $ 19,998,268 $ 19,995,655 $ 20,009,015 $ 20,026,303 $ 20,039,398 $ 20,122,845 $ 20,124,829 $ 20,126,383 $ 20,036,330 49.52%
$ 43,722,289 $ 47,109,433 $ 41,640,102 $ 43,499,520 $ 34,986,993 $ 30,280,862 $ 29,504,612 $ 47,131,820 $ 46,097,188 $ 43,712,129 $ 41,449,293 $ 36,356,104 $ 40,457,529
US Bank Interest $ 871 $ 1,022 $ 631 $ 444 $ 171 $ 47 $ 86 $ 682 $ 1,327 $ 1,204 $ 920 $ 108 $ 7,513
Bank Fees $ (382) $ (1,267) $ (977) $ (475) $ (909) $ (726) $ (1,148) $ (1,270) $ (1,211) $ (1,198) $ (1,568) $ (1,382) $ (12,513) Total Bank Fees
Net US Bank $ 489 $ (245) $ (346) $ (31) $ (738) $ (679) $ (1,062) $ (588) $ 116 $ 6 $ (648) $ (1,274) $ (5,000)
0.00% 0.00% 0.00% 0.00% ‐0.01% ‐0.01% ‐0.01% 0.00% 0.00% 0.00% ‐0.01% ‐0.03%
STAROhio Interest $ 713 $ 3,445 $ 4,683 $ 5,170 $ 5,392 $ 3,130 $ 1,708 $ 1,276 $ 1,570 $ 1,726 $ 5,181 $ 8,845 $ 42,839
0.04% 0.04% 0.05% 0.05% 0.06% 0.08% 0.08% 0.06% 0.07% 0.08% 0.05% 0.09% 0.70%
STAROhio Plus Interes $ 1,257 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,257
100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Meeder Interest $ ‐ $ (957) $ (1,208) $ (1,453) $ 1,886 $ (2,612) $ 13,360 $ 17,288 $ 13,095 $ 83,447 $ 1,984 $ 1,984 $ 126,814
0.00% 0.00% ‐0.01% ‐0.01% 0.01% ‐0.01% 0.07% 0.09% 0.07% 0.41% 0.01% 0.01% 0.63%
$ 2,841 $ 3,510 $ 4,106 $ 4,161 $ 7,449 $ 565 $ 15,154 $ 19,246 $ 15,992 $ 86,377 $ 8,085 $ 10,937 $ 178,423 total Interest
$ (382) $ (1,267) $ (977) $ (475) $ (909) $ (726) $ (1,148) $ (1,270) $ (1,211) $ (1,198) $ (1,568) $ (1,382) $ (12,513) Total Bank Fees
$ 2,459 $ 2,243 $ 3,129 $ 3,686 $ 6,540 $ (161) $ 14,006 $ 17,976 $ 14,781 $ 85,179 $ 6,517 $ 9,555 $ 165,910 Net Interest
0.01% 0.01% 0.01% 0.01% 0.02% 0.00% 0.05% 0.04% 0.03% 0.20% 0.02% 0.03% 0.44% ROI
0.01% 0.00% 0.01% 0.01% 0.02% 0.00% 0.05% 0.04% 0.03% 0.19% 0.02% 0.03% 0.41% ROI Net
FY 18
July August September October November December January February March April May June Average
US Bank $ 4,957,546 $ 6,015,408 $ 5,591,937 $ 6,480,004 $ 2,965,660 $ 6,176,953 $ 9,795,829 $ 24,763,592 $ 8,061,959 $ 6,577,161 $ 7,700,979 $ 7,893,290 $ 8,081,693 17.49%
STAROhio $ 17,163,631 $ 28,185,822 $ 24,211,556 $ 22,235,127 $ 16,252,755 $ 8,265,246 $ 8,275,263 $ 8,284,675 $ 25,311,334 $ 22,346,984 $ 19,381,207 $ 14,408,788 $ 17,860,199 38.66%
STAROhio Plus $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 0.00%
Meeder Investments $ 20,151,074 $ 20,160,251 $ 20,162,732 $ 20,188,761 $ 20,228,912 $ 20,231,660 $ 20,303,886 $ 20,313,406 $ 20,315,587 $ 20,337,837 $ 20,356,611 $ 20,359,294 $ 20,259,168 43.85%
$ 42,272,251 $ 54,361,481 $ 49,966,225 $ 48,903,892 $ 39,447,327 $ 34,673,859 $ 38,374,978 $ 53,361,673 $ 53,688,880 $ 49,261,982 $ 47,438,797 $ 42,661,372 $ 46,201,060
US Bank Interest $ 68 $ 96 $ ‐ $ 32 $ 72 $ ‐ $ 122 $ 718 $ 627 $ 13 $ 59 $ 97 $ 1,904
Bank Fees $ (1,387) $ (2,077) $ (2,040) $ (1,840) $ (1,067) $ (759) $ (1,224) $ (767) $ (252) $ (353) $ (572) $ (421) $ (12,759) Total Bank Fees
Net US Bank $ (1,319) $ (1,981) $ (2,040) $ (1,808) $ (995) $ (759) $ (1,102) $ (49) $ 375 $ (340) $ (513) $ (324) $ (10,855)
‐0.03% ‐0.03% ‐0.04% ‐0.03% ‐0.03% ‐0.01% ‐0.01% 0.00% 0.00% ‐0.01% ‐0.01% ‐0.13%
STAROhio Interest $ 12,343 $ 22,191 $ 25,734 $ 23,571 $ 17,628 $ 12,491 $ 10,018 $ 9,412 $ 26,659 $ 35,650 $ 34,223 $ 26,586 $ 256,506
0.07% 0.08% 0.11% 0.11% 0.11% 0.15% 0.12% 0.11% 0.11% 0.16% 0.18% 0.18% 1.44%
STAROhio Plus Interes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Meeder Interest $ 24,690 $ 9,177 $ 2,481 $ 26,029 $ 40,151 $ 2,749 $ 72,226 $ 9,520 $ 2,180 $ 22,250 $ 18,774 $ 2,683 $ 232,909
0.12% 0.05% 0.01% 0.13% 0.20% 0.01% 0.36% 0.05% 0.01% 0.11% 0.09% 0.01% 1.15%
$ 37,101 $ 31,464 $ 28,215 $ 49,632 $ 57,851 $ 15,240 $ 82,366 $ 19,650 $ 29,466 $ 57,913 $ 53,056 $ 29,366 $ 491,320 total Interest
$ (1,387) $ (2,077) $ (2,040) $ (1,840) $ (1,067) $ (759) $ (1,224) $ (767) $ (252) $ (353) $ (572) $ (421) $ (12,759) Total Bank Fees
$ 35,714 $ 29,387 $ 26,175 $ 47,792 $ 56,784 $ 14,481 $ 81,142 $ 18,883 $ 29,214 $ 57,560 $ 52,484 $ 28,945 $ 478,561 Net Interest
0.09% 0.06% 0.06% 0.10% 0.15% 0.04% 0.21% 0.04% 0.05% 0.12% 0.11% 0.07% 1.06% ROI
0.08% 0.05% 0.05% 0.10% 0.14% 0.04% 0.21% 0.04% 0.05% 0.12% 0.11% 0.07% 1.04% ROI Net
FY 19
July August September October November December January February March April May June Average
US Bank $ 8,228,918 $ 9,638,164 $ 9,758,752 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 9,208,611 16.78%
STAROhio $ 22,437,386 $ 31,430,093 $ 29,841,008 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 27,902,829 50.83%
STAROhio Plus $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ 0.00%
Meeder Investments $ 20,395,602 $ 16,457,639 $ 16,489,947 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 17,781,063 32.39%
$ 51,061,906 $ 57,525,896 $ 56,089,707 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 54,892,503
US Bank Interest $ 344 $ 398 $ 385 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 1,127
Bank Fees $ (498) $ (1,543) $ (2,142) $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ (4,183) Total Bank Fees
Net US Bank $ (154) $ (1,145) $ (1,757) $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ (3,056)
0.00% ‐0.01% ‐0.02% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! ‐0.03%
STAROhio Interest $ 28,598 $ 45,040 $ 54,896 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 128,534
0.13% 0.14% 0.18% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0.46%
STAROhio Plus Interes $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Meeder Interest $ 36,308 $ 9,704 $ 32,309 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 78,321
0.18% 0.06% 0.20% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0.44%
$ 65,250 $ 55,142 $ 87,590 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 207,982 total Interest
$ (498) $ (1,543) $ (2,142) $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ (4,183) Total Bank Fees
$ 64,752 $ 53,599 $ 85,448 $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ ‐ $ 203,799 Net Interest
0.13% 0.10% 0.16% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0.38% ROI
0.13% 0.09% 0.15% #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! 0.37% ROI Net