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.
Second-annual Financial Update offers clear, concise look at our finances
Providing clear and transparent communication about the state of the district’s finances is one of our major commitments to the community, and we take that commitment very seriously.
We are pleased to provide our community with our second annual financial update, a document that is meant to offer a clear and concise look at our district’s finances. This report details the sources of our funding, how that money is used and many other topics that might affect district finances.
We encourage you to look over the 2016-2017 Financial Update. As with all district publications, we want the community to provide feedback so we can continue to refine the report each year.
In addition to our internal report, we also rely on external, third-party reviews of our finances. Each year, the state auditor’s office sends a team to audit our district, delving into financial records and reviewing our practices. I’m proud to say that we earned a clean audit opinion and the Auditor of State Award again this year.
We also continue to be one of a handful of Ohio school districts that has the highest bond rating — AAA — from Standard & Poor’s. Two of the key factors in achieving this rating are our financial planning and our strong community support. The rating allows the district to obtain lower interest rates when issuing debt, decreasing the costs for our community.
If you would like to learn more about the district’s finances, please look through all of the resources available on our website or contact me at firstname.lastname@example.org.
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