Perkins Five Year Forecast for Fiscal Year 2019

District Type: Local
IRN: 046813
County: Erie
Date Submitted: 10/17/2018 Date Processed: 10/17/2018
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 10,350,697 10,632,122 12,815,152 14,121,800 14,227,714 14,334,422 14,441,930 14,550,244
1.020 Tangible Personal Property Tax 1,026,555 1,467,213 1,973,140 2,257,251 2,279,823 2,302,621 2,325,648 2,348,904
1.035 Unrestricted Grants-in-Aid 3,686,667 3,656,035 3,810,882 3,770,389 3,746,822 3,746,822 3,746,822 3,746,822
1.040 Restricted Grants-in-Aid 51,807 81,337 86,718 86,214 86,214 86,214 86,214 86,214
1.050 Property Tax Allocation 2,918,450 2,769,918 2,293,181 2,002,240 1,577,429 1,302,802 1,155,542 1,155,542
1.060 All Other Operating Revenue 4,308,920 6,102,603 4,002,965 3,912,203 3,773,447 3,748,447 3,691,447 3,624,447
1.070 Total Revenue 22,343,096 24,709,228 24,982,037 26,150,096 25,691,448 25,521,327 25,447,602 25,512,173
2.050 Advances-In 311,035
2.060 All Other Financial Sources 307,340 48,713 112,033 540,000 65,000 65,000 65,000 65,000
2.070 Total Other Financing Sources 307,340 359,748 112,033 540,000 65,000 65,000 65,000 65,000
2.080 Total Revenues and Other Financing Sources 22,650,437 25,068,975 25,094,070 26,690,096 25,756,448 25,586,327 25,512,602 25,577,173
3.010 Personnel Services 13,649,002 13,144,183 12,389,975 13,040,878 13,490,074 13,941,828 14,401,470 14,878,147
3.020 Employees' Retirement/Insurance Benefits 4,690,188 4,857,747 4,662,182 4,767,997 4,946,862 5,176,548 5,403,104 5,640,606
3.030 Purchased Services 3,004,219 4,532,846 4,767,563 4,602,674 4,694,727 4,788,622 4,884,394 4,982,082
3.040 Supplies and Materials 894,718 698,428 748,656 803,909 819,407 835,795 852,511 866,395
3.050 Capital Outlay 67,202 58,835 268,329 650,000 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 63,333 126,667 126,667 126,667 126,667 126,667 126,667
4.060 Debt Service: Interest and Fiscal Charges 16,796 29,716 25,548 19,380 14,212 9,044 3,876
4.300 Other Objects 541,104 312,358 360,865 381,795 386,631 390,497 394,402 398,346
4.500 Total Expenditures 22,846,433 23,929,528 23,373,953 24,399,468 24,543,747 25,334,169 26,131,592 26,956,118
5.020 Advances - Out 311,065
5.030 All Other Financing Uses 51,856
5.040 Total Other Financing Uses 311,065 51,856
5.050 Total Expenditure and Other Financing Uses 23,157,498 23,929,528 23,425,809 24,399,468 24,543,747 25,334,169 26,131,592 26,956,118
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing (507,061) 1,139,448 1,668,261 2,290,628 1,212,702 252,158 (618,990) (1,378,945)
7.010 Beginning Cash Balance 1,415,217 908,156 2,047,603 3,715,864 6,006,492 7,219,194 7,471,352 6,852,362
7.020 Ending Cash Balance 908,156 2,047,603 3,715,864 6,006,492 7,219,194 7,471,352 6,852,362 5,473,417
8.010 Outstanding Encumbrances 346,250 553,910 741,049 350,000 350,000 350,000 350,000 350,000
10.010 Fund Balance June 30 for Certification of Appropriations 561,906 1,493,693 2,974,815 5,656,492 6,869,194 7,121,352 6,502,362 5,123,417
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 561,906 1,493,693 2,974,815 5,656,492 6,869,194 7,121,352 6,502,362 5,123,417
15.010 Unreserved Fund Balance June 30 561,906 1,493,693 2,974,815 5,656,492 6,869,194 7,121,352 6,502,362 5,123,417
 
 
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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