Fairport Harbor Five Year Forecast for Fiscal Year 2020

District Type: Exempted Village
IRN: 045369
County: Lake
Date Submitted: 11/27/2019 Date Processed: 11/27/2019
 
Actual Forecasted
Line 2017 2018 2019 2020 2021 2022 2023 2024
1.010 General Property (Real Estate) 2,723,743 2,699,912 2,693,171 2,693,171 2,693,171 2,693,171 2,693,171 2,693,171
1.035 Unrestricted Grants-in-Aid 2,161,800 2,378,000 2,308,653 2,308,653 2,331,740 2,355,057 2,378,607 2,402,394
1.050 Property Tax Allocation 511,601 360,689 354,645 354,645 354,645 354,645 354,645 354,645
1.060 All Other Operating Revenue 1,825,791 2,085,585 2,185,995 2,107,442 2,107,442 2,107,442 2,107,442 2,107,442
1.070 Total Revenue 7,222,935 7,524,186 7,542,464 7,463,911 7,486,998 7,510,315 7,533,865 7,557,652
2.080 Total Revenues and Other Financing Sources 7,222,935 7,524,186 7,542,464 7,463,911 7,486,998 7,510,315 7,533,865 7,557,652
3.010 Personnel Services 3,573,488 3,811,966 3,920,676 3,828,276 3,905,525 4,078,467 4,156,409 4,234,351
3.020 Employees' Retirement/Insurance Benefits 1,498,009 1,722,450 1,769,276 1,723,676 1,788,552 1,920,060 2,045,161 2,180,363
3.030 Purchased Services 1,390,608 1,618,900 1,376,344 1,592,593 1,624,445 1,656,934 1,690,072 1,723,874
3.040 Supplies and Materials 419,716 480,212 319,556 325,599 333,739 342,082 350,635 359,400
3.050 Capital Outlay 28,721 139,408 7,002 15,000 15,000 15,000 15,000 15,000
4.300 Other Objects 115,087 86,884 116,010 118,330 120,697 123,111 125,573 128,084
4.500 Total Expenditures 7,025,629 7,859,820 7,508,864 7,603,474 7,787,958 8,135,654 8,382,849 8,641,072
5.010 Operational Transfers - Out 177,000 327,833 166,494 120,000 120,000 120,000 120,000 120,000
5.040 Total Other Financing Uses 177,000 327,833 166,494 120,000 120,000 120,000 120,000 120,000
5.050 Total Expenditure and Other Financing Uses 7,202,629 8,187,653 7,675,358 7,723,474 7,907,958 8,255,654 8,502,849 8,761,072
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 20,306 (663,467) (132,894) (259,563) (420,960) (745,339) (968,984) (1,203,421)
7.010 Beginning Cash Balance 1,442,846 1,463,152 799,685 666,791 407,228 (13,732) (759,071) (1,728,055)
7.020 Ending Cash Balance 1,463,152 799,685 666,791 407,228 (13,732) (759,071) (1,728,055) (2,931,476)
8.010 Outstanding Encumbrances 126,000 439,410 126,000 126,000 126,000 126,000 126,000 126,000
9.030 Budget Reserve 28,321 28,321 28,321 28,321 28,321 28,321 28,321 28,321
9.080 Total Reservations 28,321 28,321 28,321 28,321 28,321 28,321 28,321 28,321
10.010 Fund Balance June 30 for Certification of Appropriations 1,308,831 331,954 512,470 252,907 (168,053) (913,392) (1,882,376) (3,085,797)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 1,308,831 331,954 512,470 252,907 (168,053) (913,392) (1,882,376) (3,085,797)
15.010 Unreserved Fund Balance June 30 1,308,831 331,954 512,470 252,907 (168,053) (913,392) (1,882,376) (3,085,797)
 
 
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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