Wadsworth Five Year Forecast for Fiscal Year 2019

District Type: City
IRN: 044974
County: Medina
Date Submitted: 5/15/2019 Date Processed: 5/15/2019
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 19,315,179 20,708,171 21,833,111 22,795,157 23,479,012 24,183,382 24,908,884 25,656,150
1.020 Tangible Personal Property Tax 661
1.035 Unrestricted Grants-in-Aid 18,514,262 18,902,460 18,978,336 18,978,336 18,982,506 18,986,718 18,990,973 18,995,269
1.040 Restricted Grants-in-Aid 557,368 532,591 592,182 569,025 574,025 576,025 579,025 579,025
1.050 Property Tax Allocation 2,573,899 2,508,075 2,504,013 2,504,013 2,504,013 2,504,013 2,504,013 2,504,013
1.060 All Other Operating Revenue 1,874,612 1,823,877 2,107,280 2,035,774 1,997,035 1,936,195 1,924,662 1,913,264
1.070 Total Revenue 42,835,981 44,475,174 46,014,922 46,882,305 47,536,591 48,186,334 48,907,556 49,647,721
2.050 Advances-In 2,287,123 2,336,017 3,963,017 4,220,461 4,300,000 100,000 100,000 100,000
2.060 All Other Financial Sources 70,097 61,052 535,706 127,000 26,500 26,500 26,500 26,500
2.070 Total Other Financing Sources 2,357,220 2,397,069 4,498,723 4,347,461 4,326,500 126,500 126,500 126,500
2.080 Total Revenues and Other Financing Sources 45,193,201 46,872,243 50,513,645 51,229,766 51,863,091 48,312,834 49,034,056 49,774,221
3.010 Personnel Services 23,412,084 24,501,781 25,803,212 27,446,648 29,367,281 30,838,313 32,167,801 33,776,191
3.020 Employees' Retirement/Insurance Benefits 8,889,154 9,136,849 9,590,078 10,220,312 10,441,860 11,524,107 12,367,326 13,224,953
3.030 Purchased Services 5,906,708 6,282,032 6,356,836 6,833,138 7,021,111 7,213,015 7,448,237 7,717,112
3.040 Supplies and Materials 1,486,958 1,338,133 1,475,449 1,929,846 1,384,221 1,425,406 1,473,172 1,517,589
3.050 Capital Outlay 751,401 812,676 708,188 724,549 752,937 782,633 813,697 846,194
4.300 Other Objects 477,480 434,902 444,296 446,278 479,495 492,652 506,232 520,251
4.500 Total Expenditures 40,923,785 42,506,373 44,378,059 47,600,771 49,446,907 52,276,125 54,776,464 57,602,289
5.010 Operational Transfers - Out 19,416 15,960 32,004 40,022 70,000 20,000 20,000 20,000
5.020 Advances - Out 2,314,017 3,963,017 4,220,461 4,300,000 100,000 100,000 100,000 100,000
5.040 Total Other Financing Uses 2,333,433 3,978,977 4,252,465 4,340,022 170,000 120,000 120,000 120,000
5.050 Total Expenditure and Other Financing Uses 43,257,218 46,485,350 48,630,524 51,940,793 49,616,907 52,396,125 54,896,464 57,722,289
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 1,935,983 386,893 1,883,121 (711,027) 2,246,184 (4,083,292) (5,862,409) (7,948,068)
7.010 Beginning Cash Balance 11,278,431 13,214,414 13,601,307 15,484,428 14,773,401 17,019,585 12,936,293 7,073,884
7.020 Ending Cash Balance 13,214,414 13,601,307 15,484,428 14,773,401 17,019,585 12,936,293 7,073,884 (874,183)
8.010 Outstanding Encumbrances 1,121,566 1,077,489 997,228 1,000,000
10.010 Fund Balance June 30 for Certification of Appropriations 12,092,848 12,523,818 14,487,200 13,773,401 17,019,585 12,936,293 7,073,884 (874,183)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 12,092,848 12,523,818 14,487,200 13,773,401 17,019,585 12,936,293 7,073,884 (874,183)
15.010 Unreserved Fund Balance June 30 12,092,848 12,523,818 14,487,200 13,773,401 17,019,585 12,936,293 7,073,884 (874,183)
 
 
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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