Monroe Five Year Forecast for Fiscal Year 2018

District Type: Local
IRN: 139303
County: Butler
Date Submitted: 5/24/2018 Date Processed: 5/24/2018
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 9,136,147 9,147,205 9,409,900 9,327,637 9,224,275 9,270,397 9,316,749 9,363,332
1.020 Tangible Personal Property Tax 2,536,493 2,570,506 2,554,558 2,519,747 2,519,747 2,519,747 2,519,747 2,519,747
1.035 Unrestricted Grants-in-Aid 6,292,487 6,868,861 7,437,739 7,567,000 7,567,000 7,567,000 7,567,000 7,567,000
1.040 Restricted Grants-in-Aid 134,487 186,437 272,481 115,000 115,000 115,000 115,000 115,000
1.050 Property Tax Allocation 1,580,124 1,612,063 1,621,818 1,411,317 1,418,374 1,425,465 1,432,593 1,439,756
1.060 All Other Operating Revenue 5,111,174 4,320,464 4,309,922 4,061,124 4,081,430 4,101,837 4,122,346 4,142,958
1.070 Total Revenue 24,790,912 24,705,536 25,606,418 25,001,825 24,925,825 24,999,446 25,073,434 25,147,793
2.050 Advances-In 1,364
2.060 All Other Financial Sources 40,938 47,966 64,155 87,292
2.070 Total Other Financing Sources 40,938 49,330 64,155 87,292
2.080 Total Revenues and Other Financing Sources 24,831,850 24,754,866 25,670,573 25,089,117 24,925,825 24,999,446 25,073,434 25,147,793
3.010 Personnel Services 9,244,014 9,783,096 10,868,094 12,106,908 12,954,392 13,861,199 14,831,483 15,721,372
3.020 Employees' Retirement/Insurance Benefits 3,113,425 3,445,416 3,961,665 4,794,488 5,181,757 5,544,480 5,932,593 6,288,549
3.030 Purchased Services 5,515,012 5,602,281 5,736,471 6,687,750 7,089,015 7,514,356 7,965,217 8,443,130
3.040 Supplies and Materials 603,514 751,376 644,457 931,690 950,324 969,330 988,717 1,008,491
3.050 Capital Outlay 277,228 834,753 1,030,070 622,050 1,234,491 647,181 660,124 673,068
4.040 Debt Service: Principal - State Advancements 213,500
4.050 Debt Service: Principal - HB 264 Loans 30,000 45,000 45,000 45,000 45,000 45,000
4.060 Debt Service: Interest and Fiscal Charges 18,307 16,409 15,311 14,213 13,115 12,017
4.300 Other Objects 271,209 298,699 280,367 354,850 361,947 369,186 376,570 384,101
4.500 Total Expenditures 19,237,902 20,715,621 22,569,431 25,559,145 27,832,236 28,964,944 30,812,819 32,575,728
5.020 Advances - Out 621,794 620,432 620,433 600,000 600,000 600,000
5.030 All Other Financing Uses 2,663
5.040 Total Other Financing Uses 621,794 623,095 620,433 600,000 600,000 600,000
5.050 Total Expenditure and Other Financing Uses 19,859,696 21,338,716 23,189,864 26,159,145 28,432,236 29,564,944 30,812,819 32,575,728
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 4,972,154 3,416,150 2,480,709 (1,070,028) (3,506,411) (4,565,499) (5,739,385) (7,427,936)
7.010 Beginning Cash Balance 5,944,837 10,916,991 14,333,141 16,813,850 15,743,822 12,237,411 7,671,913 1,932,528
7.020 Ending Cash Balance 10,916,991 14,333,141 16,813,850 15,743,822 12,237,411 7,671,913 1,932,528 (5,495,408)
8.010 Outstanding Encumbrances 574,889 804,603 668,264 700,000 600,000 600,000 600,000 600,000
9.010 Textbook and Instructional Materials 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
9.020 Capital Improvements 450,000 650,000 850,000 850,000 250,000 250,000 250,000 250,000
9.030 Budget Reserve 250,000 250,000 250,000 250,000 250,000 250,000 250,000 250,000
9.045 Fiscal Stabalization (reservation of fund balances) 3,710,043 4,201,503 4,575,162 4,761,361 5,065,121
9.080 Total Reservations 950,000 1,150,000 1,350,000 5,060,043 4,951,503 5,325,162 5,511,361 5,815,121
10.010 Fund Balance June 30 for Certification of Appropriations 9,392,102 12,378,538 14,795,586 9,983,779 6,685,908 1,746,751 (4,178,833) (11,910,529)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 9,392,102 12,378,538 14,795,586 9,983,779 6,685,908 1,746,751 (4,178,833) (11,910,529)
15.010 Unreserved Fund Balance June 30 9,392,102 12,378,538 14,795,586 9,983,779 6,685,908 1,746,751 (4,178,833) (11,910,529)
 
 
Notes to the Five Year Forecast
 
 
Please visit the Ohio Department of Education website at
ftp://ftp.ode.state.oh.us/geodoc/5-yrForecast/

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