Monroe Five Year Forecast for Fiscal Year 2017

District Type: Local
IRN: 139303
County: Butler
Date Submitted: 10/24/2016 Date Processed: 10/24/2016
 
Actual Forecasted
Line 2014 2015 2016 2017 2018 2019 2020 2021
1.010 General Property (Real Estate) 5,736,493 9,136,147 9,147,205 9,463,597 8,348,002 6,158,552 6,189,345 6,220,291
1.020 Tangible Personal Property Tax 2,537,769 2,536,493 2,570,506 2,572,241 2,572,241 2,572,241 2,572,241 2,572,241
1.035 Unrestricted Grants-in-Aid 5,752,865 6,292,488 6,868,861 7,403,452 7,403,452 7,403,452 7,403,452 7,403,452
1.040 Restricted Grants-in-Aid 68,275 134,487 186,437 135,000 70,000 70,000 70,000 70,000
1.050 Property Tax Allocation 1,528,016 1,580,123 1,612,063 1,264,826 1,265,458 1,271,786 1,278,145 1,284,535
1.060 All Other Operating Revenue 7,724,870 5,111,174 4,320,464 4,109,327 4,129,874 4,150,523 4,171,276 4,192,132
1.070 Total Revenue 23,348,288 24,790,912 24,705,536 24,948,443 23,789,027 21,626,554 21,684,458 21,742,652
2.050 Advances-In 1,364
2.060 All Other Financial Sources 147,842 40,938 47,966
2.070 Total Other Financing Sources 147,842 40,938 49,330
2.080 Total Revenues and Other Financing Sources 23,496,130 24,831,850 24,754,866 24,948,443 23,789,027 21,626,554 21,684,458 21,742,652
3.010 Personnel Services 8,839,070 9,244,014 9,783,096 10,790,909 11,276,500 11,953,090 12,670,275 13,177,086
3.020 Employees' Retirement/Insurance Benefits 2,958,315 3,113,424 3,445,416 3,863,930 4,134,405 4,423,813 4,689,242 4,970,597
3.030 Purchased Services 4,979,499 5,515,012 5,602,281 6,874,567 7,355,787 7,870,692 8,264,226 8,594,795
3.040 Supplies and Materials 342,575 603,514 751,376 1,215,824 1,252,299 1,289,868 1,315,665 1,341,978
3.050 Capital Outlay 123,571 277,227 834,753 1,632,120 1,681,084 1,748,327 2,383,293 1,818,260
4.040 Debt Service: Principal - State Advancements 1,315,500 213,500
4.050 Debt Service: Principal - HB 264 Loans 30,000 30,000 45,000 45,000 45,000
4.060 Debt Service: Interest and Fiscal Charges 19,000 18,306 16,409 15,311 14,213
4.300 Other Objects 248,521 271,210 298,699 313,393 319,661 326,054 332,575 339,227
4.500 Total Expenditures 18,807,051 19,237,901 20,715,621 24,739,743 26,068,041 27,673,253 29,715,589 30,301,157
5.020 Advances - Out 620,432 621,795 620,432 620,430
5.030 All Other Financing Uses 2,663
5.040 Total Other Financing Uses 620,432 621,795 623,095 620,430
5.050 Total Expenditure and Other Financing Uses 19,427,483 19,859,696 21,338,716 25,360,173 26,068,041 27,673,253 29,715,589 30,301,157
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 4,068,647 4,972,154 3,416,150 (411,730) (2,279,014) (6,046,699) (8,031,131) (8,558,505)
7.010 Beginning Cash Balance 1,876,190 5,944,837 10,916,991 14,333,141 13,921,411 11,642,397 5,595,698 (2,435,432)
7.020 Ending Cash Balance 5,944,837 10,916,991 14,333,141 13,921,411 11,642,397 5,595,698 (2,435,432) (10,993,937)
8.010 Outstanding Encumbrances 558,630 574,889 804,603 700,000 600,000 600,000 600,000 600,000
9.010 Textbook and Instructional Materials 250,000 250,000 250,000 250,000
9.020 Capital Improvements 200,000
9.030 Budget Reserve 150,000 300,000 450,000
9.080 Total Reservations 400,000 550,000 700,000 450,000
10.010 Fund Balance June 30 for Certification of Appropriations 5,386,207 10,342,102 13,528,538 12,821,411 10,492,397 4,295,698 (3,485,432) (11,593,937)
11.020 Property Tax - Renewal or Replacement 1,115,595 2,231,190 2,231,190 2,231,190
11.300 Cumulative Balance of Replacement/Renewal Levies 1,115,595 3,346,785 5,577,975 7,809,165
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 5,386,207 10,342,102 13,528,538 12,821,411 11,607,992 7,642,483 2,092,543 (3,784,772)
15.010 Unreserved Fund Balance June 30 5,386,207 10,342,102 13,528,538 12,821,411 11,607,992 7,642,483 2,092,543 (3,784,772)
 
 
Notes to the Five Year Forecast
 
 
Please visit the Ohio Department of Education web site at
ftp://ftp.ode.state.oh.geodoc/5-yrForecast/

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