Rocky River Five Year Forecast for Fiscal Year 2019

District Type: City
IRN: 044701
County: Cuyahoga
Date Submitted: 5/17/2019 Date Processed: 5/18/2019
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 28,670,521 29,680,153 32,722,473 32,148,895 33,585,346 33,752,037 33,945,100 34,165,362
1.020 Tangible Personal Property Tax 758,723 789,061 863,741 929,331 931,545 931,545 931,545 931,545
1.035 Unrestricted Grants-in-Aid 1,820,807 1,838,203 1,857,473 1,854,691 1,952,048 2,090,555 2,090,555 2,090,555
1.040 Restricted Grants-in-Aid 83,523 71,456 162,092 287,000 287,000 287,000 287,000 287,000
1.050 Property Tax Allocation 3,657,612 3,630,723 3,656,441 3,675,874 3,682,124 3,688,374 3,694,624 3,700,874
1.060 All Other Operating Revenue 494,538 525,757 932,861 1,126,604 840,139 840,139 850,139 850,139
1.070 Total Revenue 35,485,724 36,535,353 40,195,081 40,022,395 41,278,202 41,589,650 41,798,963 42,025,475
2.040 Operating Transfers-In 175,000 175,000 220,000 175,000 175,000 175,000 175,000 175,000
2.050 Advances-In 135,478 135,478
2.060 All Other Financial Sources 68,472 53,693 162,194 175,903 50,000 50,000 50,000 50,000
2.070 Total Other Financing Sources 243,472 364,171 517,672 350,903 225,000 225,000 225,000 225,000
2.080 Total Revenues and Other Financing Sources 35,729,196 36,899,524 40,712,753 40,373,298 41,503,202 41,814,650 42,023,963 42,250,475
3.010 Personnel Services 21,755,553 22,663,904 23,120,930 24,048,069 25,161,188 25,927,202 26,604,340 27,268,660
3.020 Employees' Retirement/Insurance Benefits 6,474,604 6,719,151 7,024,722 7,251,299 7,810,741 8,263,592 8,730,956 9,247,910
3.030 Purchased Services 4,419,556 4,977,662 5,964,265 6,404,188 6,715,446 7,051,218 7,403,779 7,773,968
3.040 Supplies and Materials 1,232,921 667,179 728,489 1,090,637 1,103,356 1,136,457 1,170,551 1,205,667
3.050 Capital Outlay 534,162 519,322 448,203 624,918 150,000 100,000 100,000 100,000
4.300 Other Objects 635,954 640,191 747,713 688,808 744,472 766,806 789,811 813,505
4.500 Total Expenditures 35,052,750 36,187,409 38,034,322 40,107,919 41,685,203 43,245,275 44,799,437 46,409,710
5.010 Operational Transfers - Out 277,900 305,913 445,793 452,000 452,000 452,000 452,000 452,000
5.020 Advances - Out 200,956
5.030 All Other Financing Uses 13,388 44,825 26,637
5.040 Total Other Financing Uses 492,244 350,738 472,430 452,000 452,000 452,000 452,000 452,000
5.050 Total Expenditure and Other Financing Uses 35,544,994 36,538,147 38,506,752 40,559,919 42,137,203 43,697,275 45,251,437 46,861,710
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 184,202 361,377 2,206,001 (186,621) (634,001) (1,882,625) (3,227,474) (4,611,235)
7.010 Beginning Cash Balance 6,183,548 6,367,750 6,729,127 8,935,128 8,748,507 8,114,506 6,231,881 3,004,407
7.020 Ending Cash Balance 6,367,750 6,729,127 8,935,128 8,748,507 8,114,506 6,231,881 3,004,407 (1,606,828)
8.010 Outstanding Encumbrances 419,780 593,216 673,874 550,000 550,000 600,000 600,000 600,000
9.030 Budget Reserve 525,000 700,000 834,181 1,012,062 1,187,062 1,362,062 1,537,062 1,712,062
9.080 Total Reservations 525,000 700,000 834,181 1,012,062 1,187,062 1,362,062 1,537,062 1,712,062
10.010 Fund Balance June 30 for Certification of Appropriations 5,422,970 5,435,911 7,427,073 7,186,445 6,377,444 4,269,819 867,345 (3,918,890)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 5,422,970 5,435,911 7,427,073 7,186,445 6,377,444 4,269,819 867,345 (3,918,890)
15.010 Unreserved Fund Balance June 30 5,422,970 5,435,911 7,427,073 7,186,445 6,377,444 4,269,819 867,345 (3,918,890)
 
 
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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