Swanton Five Year Forecast for Fiscal Year 2020

District Type: Local
IRN: 047092
County: Fulton
Date Submitted: 5/22/2020 Date Processed: 5/23/2020
 
Actual Forecasted
Line 2017 2018 2019 2020 2021 2022 2023 2024
1.010 General Property (Real Estate) 4,086,681 4,284,827 4,504,865 4,575,772 4,553,356 4,641,806 4,323,895 4,008,314
1.020 Tangible Personal Property Tax 390,815 305,585 518,549 701,865 995,361 978,851 931,345 884,191
1.030 Income Tax 1,746,715 1,805,042 1,863,683 1,973,359 1,867,919 1,887,213 1,906,697 1,926,371
1.035 Unrestricted Grants-in-Aid 5,632,514 5,916,711 5,699,923 5,492,602 4,894,403 4,700,479 4,311,164 4,121,849
1.040 Restricted Grants-in-Aid 45,472 37,427 28,054 21,657 28,054 28,054 28,054 28,054
1.050 Property Tax Allocation 687,278 670,977 656,819 647,262 644,016 640,195 588,802 540,589
1.060 All Other Operating Revenue 1,278,851 1,009,526 1,136,345 987,567 947,567 947,567 947,567 947,567
1.070 Total Revenue 13,868,326 14,030,095 14,408,238 14,400,084 13,930,676 13,824,165 13,037,524 12,456,935
2.050 Advances-In 151,780 1,780 1,564 36,013
2.060 All Other Financial Sources 49,848 27,686 28,074 34,667 2,500 2,500 2,500 2,500
2.070 Total Other Financing Sources 201,628 29,466 29,638 70,680 2,500 2,500 2,500 2,500
2.080 Total Revenues and Other Financing Sources 14,069,954 14,059,561 14,437,876 14,470,764 13,933,176 13,826,665 13,040,024 12,459,435
3.010 Personnel Services 7,015,433 7,190,896 7,324,432 7,413,165 7,478,195 7,624,696 7,778,198 7,934,774
3.020 Employees' Retirement/Insurance Benefits 2,519,795 2,556,046 2,749,204 2,928,143 3,066,943 3,020,733 3,122,104 3,227,781
3.030 Purchased Services 3,044,386 2,759,223 2,899,030 2,991,870 3,020,511 3,059,528 3,059,528 3,059,528
3.040 Supplies and Materials 440,878 488,371 474,442 512,814 507,418 507,418 507,418 507,418
3.050 Capital Outlay 362,490 136,524 120,603 258,794 118,543 118,543 118,543 183,543
4.300 Other Objects 187,229 188,369 181,535 205,674 205,674 205,674 205,674 199,721
4.500 Total Expenditures 13,570,211 13,319,429 13,749,246 14,310,460 14,397,284 14,536,592 14,791,465 15,112,765
5.010 Operational Transfers - Out 4,898,205 748,560 223,716 532,175 206,046 206,520 201,930 202,276
5.020 Advances - Out 151,780 1,567 36,013
5.030 All Other Financing Uses 108
5.040 Total Other Financing Uses 5,050,093 750,127 259,729 532,175 206,046 206,520 201,930 202,276
5.050 Total Expenditure and Other Financing Uses 18,620,304 14,069,556 14,008,975 14,842,635 14,603,330 14,743,112 14,993,395 15,315,041
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing (4,550,350) (9,995) 428,901 (371,871) (670,154) (916,447) (1,953,371) (2,855,606)
7.010 Beginning Cash Balance 7,096,304 2,545,954 2,535,959 2,964,860 2,592,989 1,922,835 1,006,388 (946,983)
7.020 Ending Cash Balance 2,545,954 2,535,959 2,964,860 2,592,989 1,922,835 1,006,388 (946,983) (3,802,589)
8.010 Outstanding Encumbrances 54,964 124,201 50,847 75,000 75,000 75,000 75,000 75,000
9.070 Bus Services 8,520 8,520 8,520
9.080 Total Reservations 8,520 8,520 8,520
10.010 Fund Balance June 30 for Certification of Appropriations 2,482,470 2,403,238 2,905,493 2,517,989 1,847,835 931,388 (1,021,983) (3,877,589)
11.020 Property Tax - Renewal or Replacement 418,636 837,245
11.300 Cumulative Balance of Replacement/Renewal Levies 418,636 1,255,881
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 2,482,470 2,403,238 2,905,493 2,517,989 1,847,835 931,388 (603,347) (2,621,708)
15.010 Unreserved Fund Balance June 30 2,482,470 2,403,238 2,905,493 2,517,989 1,847,835 931,388 (603,347) (2,621,708)
 
 
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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