Amherst Five Year Forecast for Fiscal Year 2020

District Type: Exempted Village
IRN: 045195
County: Lorain
Date Submitted: 5/29/2020 Date Processed: 5/30/2020
 
Actual Forecasted
Line 2017 2018 2019 2020 2021 2022 2023 2024
1.010 General Property (Real Estate) 16,523,967 16,544,892 16,630,179 16,933,839 16,092,613 16,671,122 15,796,346 12,424,049
1.020 Tangible Personal Property Tax 1,142,707 1,235,418 1,159,159 1,416,791 1,198,882 1,274,075 1,238,555 1,204,025
1.035 Unrestricted Grants-in-Aid 14,948,406 15,016,925 15,077,884 14,099,188 13,538,185 14,778,817 14,807,917 14,837,016
1.040 Restricted Grants-in-Aid 208,342 179,693 168,487 169,000 153,251 170,279 170,279 170,279
1.050 Property Tax Allocation 2,391,008 2,358,839 2,352,499 2,338,813 2,398,328 2,398,328 2,380,080 2,380,000
1.060 All Other Operating Revenue 2,451,360 2,417,550 2,423,731 2,355,000 1,958,158 2,133,158 2,133,158 2,133,158
1.070 Total Revenue 37,665,790 37,753,317 37,811,939 37,312,631 35,339,418 37,425,779 36,526,335 33,148,527
2.040 Operating Transfers-In 34,403
2.050 Advances-In 325,513 102,000 260,000 100,000 100,000 100,000
2.060 All Other Financial Sources 212,748 215,629 244,002 18,000 18,000
2.070 Total Other Financing Sources 247,151 541,142 244,002 102,000 260,000 118,000 118,000 100,000
2.080 Total Revenues and Other Financing Sources 37,912,941 38,294,459 38,055,941 37,414,631 35,599,418 37,543,779 36,644,335 33,248,527
3.010 Personnel Services 19,886,204 19,839,794 20,350,156 20,867,428 21,546,385 22,670,606 23,124,018 23,586,499
3.020 Employees' Retirement/Insurance Benefits 7,648,924 7,180,143 7,451,164 7,302,380 8,463,161 8,983,494 9,442,539 9,933,142
3.030 Purchased Services 5,977,135 6,007,332 5,830,486 5,305,100 5,772,133 6,250,907 6,445,671 6,647,002
3.040 Supplies and Materials 957,352 1,055,960 1,181,750 1,117,466 1,138,512 1,161,282 1,184,508 1,208,198
3.050 Capital Outlay 573,453 1,135,144 1,479,166 3,048,048 1,435,000 255,000 255,000 255,000
4.010 Debt Service: All Principal (Historical) 100,000
4.060 Debt Service: Interest and Fiscal Charges 2,650
4.300 Other Objects 613,693 507,617 668,775 643,480 656,350 669,477 682,866 696,523
4.500 Total Expenditures 35,759,411 35,725,990 36,961,497 38,283,902 39,011,541 39,990,766 41,134,602 42,326,364
5.010 Operational Transfers - Out 34,403 175,154 100,000
5.020 Advances - Out 325,513 209,517 93,343 260,000 100,000 100,000 100,000 100,000
5.030 All Other Financing Uses 257,760 85,920 27,562
5.040 Total Other Financing Uses 617,676 295,437 296,059 360,000 100,000 100,000 100,000 100,000
5.050 Total Expenditure and Other Financing Uses 36,377,087 36,021,427 37,257,556 38,643,902 39,111,541 40,090,766 41,234,602 42,426,364
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 1,535,854 2,273,032 798,385 (1,229,271) (3,512,123) (2,546,987) (4,590,267) (9,177,837)
7.010 Beginning Cash Balance 14,615,254 16,151,108 18,424,140 19,222,525 17,993,254 14,481,131 11,934,143 7,343,876
7.020 Ending Cash Balance 16,151,108 18,424,140 19,222,525 17,993,254 14,481,131 11,934,143 7,343,876 (1,833,961)
8.010 Outstanding Encumbrances 1,239,460 1,522,813 3,712,123 1,750,000 500,000 500,000 500,000 500,000
10.010 Fund Balance June 30 for Certification of Appropriations 14,911,648 16,901,327 15,510,402 16,243,254 13,981,131 11,434,143 6,843,876 (2,333,961)
11.020 Property Tax - Renewal or Replacement 1,371,169 4,812,136
11.300 Cumulative Balance of Replacement/Renewal Levies 1,371,169 6,183,305
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 14,911,648 16,901,327 15,510,402 16,243,254 13,981,131 11,434,143 8,215,045 3,849,344
15.010 Unreserved Fund Balance June 30 14,911,648 16,901,327 15,510,402 16,243,254 13,981,131 11,434,143 8,215,045 3,849,344
 
 
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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