Amherst Five Year Forecast for Fiscal Year 2019

District Type: Exempted Village
IRN: 045195
County: Lorain
Date Submitted: 5/28/2019 Date Processed: 5/28/2019
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 16,355,122 16,523,967 16,544,892 16,630,178 16,572,915 16,939,593 17,011,348 15,796,346
1.020 Tangible Personal Property Tax 1,023,219 1,142,707 1,235,418 1,159,160 1,328,427 1,261,981 1,274,075 1,238,555
1.035 Unrestricted Grants-in-Aid 15,095,884 14,948,406 15,016,925 15,013,786 15,110,283 15,108,403 15,106,167 15,108,399
1.040 Restricted Grants-in-Aid 293,229 208,342 179,693 186,972 171,907 171,209 170,380 171,208
1.050 Property Tax Allocation 2,396,106 2,391,008 2,358,839 2,375,891 2,391,137 2,398,328 2,408,303 2,380,080
1.060 All Other Operating Revenue 2,088,531 2,451,360 2,417,550 2,361,262 2,402,327 2,449,628 2,473,307 2,521,222
1.070 Total Revenue 37,252,091 37,665,790 37,753,317 37,727,249 37,976,996 38,329,142 38,443,580 37,215,810
2.040 Operating Transfers-In 844,450 34,403
2.050 Advances-In 76,627 325,513 260,000 260,000 260,000 260,000 200,000
2.060 All Other Financial Sources 176,670 212,748 215,629 18,000 18,000 18,000 18,000 18,000
2.070 Total Other Financing Sources 1,097,747 247,151 541,142 278,000 278,000 278,000 278,000 218,000
2.080 Total Revenues and Other Financing Sources 38,349,838 37,912,941 38,294,459 38,005,249 38,254,996 38,607,142 38,721,580 37,433,810
3.010 Personnel Services 19,613,884 19,886,204 19,839,794 20,374,569 20,867,428 21,338,199 21,846,850 22,529,015
3.020 Employees' Retirement/Insurance Benefits 7,434,069 7,648,924 7,180,143 7,739,855 8,004,082 8,414,071 8,860,161 9,408,926
3.030 Purchased Services 5,720,827 5,977,135 6,007,332 6,187,201 9,583,130 6,478,480 6,676,772 6,877,739
3.040 Supplies and Materials 880,822 957,352 1,055,960 1,290,646 1,076,819 1,109,309 1,142,990 1,177,911
3.050 Capital Outlay 396,303 573,453 1,135,144 1,485,144 1,135,144 1,135,144 1,135,144 1,135,144
4.010 Debt Service: All Principal (Historical) 100,000 100,000
4.060 Debt Service: Interest and Fiscal Charges 12,371 2,650
4.300 Other Objects 502,651 613,693 507,617 509,997 513,997 518,997 522,997 527,997
4.500 Total Expenditures 34,660,927 35,759,411 35,725,990 37,587,412 41,180,600 38,994,200 40,184,914 41,656,732
5.010 Operational Transfers - Out 844,450 34,403 171,800 100,000 100,000
5.020 Advances - Out 325,513 209,517 260,000 260,000 260,000 260,000 260,000
5.030 All Other Financing Uses 128,880 257,760 85,920
5.040 Total Other Financing Uses 973,330 617,676 295,437 431,800 360,000 360,000 260,000 260,000
5.050 Total Expenditure and Other Financing Uses 35,634,257 36,377,087 36,021,427 38,019,212 41,540,600 39,354,200 40,444,914 41,916,732
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 2,715,581 1,535,854 2,273,032 (13,963) (3,285,604) (747,058) (1,723,334) (4,482,922)
7.010 Beginning Cash Balance 11,899,673 14,615,254 16,151,108 18,424,140 18,410,177 15,124,573 14,377,515 12,654,181
7.020 Ending Cash Balance 14,615,254 16,151,108 18,424,140 18,410,177 15,124,573 14,377,515 12,654,181 8,171,259
8.010 Outstanding Encumbrances 1,118,954 1,239,460 1,522,813 4,000,000 500,000 500,000 500,000 500,000
10.010 Fund Balance June 30 for Certification of Appropriations 13,496,300 14,911,648 16,901,327 14,410,177 14,624,573 13,877,515 12,154,181 7,671,259
11.020 Property Tax - Renewal or Replacement 1,371,169
11.300 Cumulative Balance of Replacement/Renewal Levies 1,371,169
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 13,496,300 14,911,648 16,901,327 14,410,177 14,624,573 13,877,515 12,154,181 9,042,428
15.010 Unreserved Fund Balance June 30 13,496,300 14,911,648 16,901,327 14,410,177 14,624,573 13,877,515 12,154,181 9,042,428
 
 
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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