Perkins Five Year Forecast for Fiscal Year 2018

District Type: Local
IRN: 046813
County: Erie
Date Submitted: 5/16/2018 Date Processed: 5/16/2018
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 10,152,143 10,350,697 10,632,122 12,814,521 14,036,619 14,141,894 14,247,958 14,354,818
1.020 Tangible Personal Property Tax 1,109,766 1,026,555 1,467,213 1,973,140 2,257,251 2,257,251 2,257,251 2,257,251
1.035 Unrestricted Grants-in-Aid 3,757,652 3,686,667 3,656,035 3,765,312 3,673,722 3,671,722 3,669,722 3,666,722
1.040 Restricted Grants-in-Aid 312,097 51,807 81,337 85,335 86,214 86,214 86,214 86,214
1.050 Property Tax Allocation 3,093,267 2,918,450 2,769,918 2,243,461 2,002,240 1,577,429 1,302,802 1,155,542
1.060 All Other Operating Revenue 4,325,639 4,308,920 6,102,603 3,894,384 3,848,203 3,800,792 3,748,792 3,697,447
1.070 Total Revenue 22,750,564 22,343,096 24,709,228 24,776,152 25,904,248 25,535,301 25,312,738 25,217,993
2.050 Advances-In 205,905 311,035
2.060 All Other Financial Sources 276,679 307,340 48,713 95,249 35,000 35,000 35,000 35,000
2.070 Total Other Financing Sources 482,584 307,340 359,748 95,249 35,000 35,000 35,000 35,000
2.080 Total Revenues and Other Financing Sources 23,233,148 22,650,437 25,068,975 24,871,401 25,939,248 25,570,301 25,347,738 25,252,993
3.010 Personnel Services 13,478,399 13,649,002 13,144,183 12,324,946 12,585,687 12,850,320 13,045,978 13,266,751
3.020 Employees' Retirement/Insurance Benefits 3,962,297 4,690,188 4,857,747 4,723,730 4,607,399 4,730,616 4,895,144 5,075,803
3.030 Purchased Services 3,162,404 3,004,219 4,532,846 4,393,793 4,175,669 4,259,182 4,344,366 4,431,253
3.040 Supplies and Materials 792,154 894,718 698,428 768,379 850,047 867,048 884,388 902,076
3.050 Capital Outlay 319,425 67,202 58,835 221,991 60,000 60,000 60,000 60,000
4.020 Debt Service: Principal-Notes 245,000 20,000
4.050 Debt Service: Principal - HB 264 Loans 63,333 126,667 126,667 126,667 126,667 126,667
4.060 Debt Service: Interest and Fiscal Charges 16,796 29,716 24,548 19,380 14,212 9,044
4.300 Other Objects 315,261 541,104 312,358 358,303 386,631 390,497 394,402 398,346
4.500 Total Expenditures 22,029,940 22,846,433 23,929,528 22,967,525 22,816,647 23,303,709 23,765,158 24,269,940
5.020 Advances - Out 200,000 311,065
5.040 Total Other Financing Uses 200,000 311,065
5.050 Total Expenditure and Other Financing Uses 22,229,940 23,157,498 23,929,528 22,967,525 22,816,647 23,303,709 23,765,158 24,269,940
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 1,003,208 (507,061) 1,139,448 1,903,877 3,122,601 2,266,592 1,582,580 983,052
7.010 Beginning Cash Balance 1,003,208 496,147 1,635,594 3,539,471 6,662,072 8,928,664 10,511,244
7.020 Ending Cash Balance 1,003,208 496,147 1,635,594 3,539,471 6,662,072 8,928,664 10,511,244 11,494,296
8.010 Outstanding Encumbrances 322,634 346,250 553,910 350,000 350,000 350,000 350,000 350,000
10.010 Fund Balance June 30 for Certification of Appropriations 680,574 149,897 1,081,684 3,189,471 6,312,072 8,578,664 10,161,244 11,144,296
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 680,574 149,897 1,081,684 3,189,471 6,312,072 8,578,664 10,161,244 11,144,296
15.010 Unreserved Fund Balance June 30 680,574 149,897 1,081,684 3,189,471 6,312,072 8,578,664 10,161,244 11,144,296
 
 
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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