South Central Five Year Forecast for Fiscal Year 2019

District Type: Local
IRN: 047738
County: Huron
Date Submitted: 10/22/2018 Date Processed: 10/22/2018
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 1,543,087 1,691,415 1,673,030 1,622,860 1,622,895 1,639,415 1,656,097 1,673,240
1.020 Tangible Personal Property Tax 86,228 104,990 117,404 119,276 122,017 126,244 130,185 134,076
1.030 Income Tax 1,005,182 1,028,365 1,092,294 1,091,058 1,123,341 1,158,784 1,198,555 1,244,313
1.035 Unrestricted Grants-in-Aid 5,946,507 5,933,127 5,842,755 5,946,978 5,714,266 5,838,635 6,125,594 6,314,577
1.040 Restricted Grants-in-Aid 191,563 210,964 246,682 148,954 148,982 147,726 145,991 146,655
1.050 Property Tax Allocation 240,616 366,258 253,358 257,343 256,416 256,772 258,191 260,186
1.060 All Other Operating Revenue 605,509 513,731 775,364 823,072 820,399 821,399 822,399 822,399
1.070 Total Revenue 9,618,692 9,848,850 10,000,887 10,009,541 9,808,316 9,988,975 10,337,012 10,595,446
2.040 Operating Transfers-In 42,000
2.050 Advances-In 1,465
2.060 All Other Financial Sources 13,286 3,510 7,876
2.070 Total Other Financing Sources 13,286 4,975 49,876
2.080 Total Revenues and Other Financing Sources 9,631,978 9,853,825 10,050,763 10,009,541 9,808,316 9,988,975 10,337,012 10,595,446
3.010 Personnel Services 4,580,201 4,970,487 5,266,390 5,496,728 5,505,373 5,574,867 5,686,364 5,800,091
3.020 Employees' Retirement/Insurance Benefits 1,926,309 2,051,927 2,153,020 2,314,315 2,360,055 2,417,397 2,483,240 2,594,491
3.030 Purchased Services 1,710,935 1,936,355 1,431,265 1,237,868 1,190,273 1,203,225 1,215,915 1,226,978
3.040 Supplies and Materials 287,886 383,529 255,674 267,230 270,445 275,695 280,995 285,995
3.050 Capital Outlay 68,867 197,035 147,789 282,054 292,050 171,301 159,152 73,152
4.010 Debt Service: All Principal (Historical) 42,234 17,590 207,898
4.060 Debt Service: Interest and Fiscal Charges 8,875 7,433 4,098
4.300 Other Objects 94,252 92,512 91,313 88,354 89,863 91,258 92,663 93,263
4.500 Total Expenditures 8,719,559 9,656,868 9,557,447 9,686,549 9,708,059 9,733,743 9,918,329 10,073,970
5.010 Operational Transfers - Out 49,970 42,726 87,250 45,000 40,000 35,000 30,000 25,000
5.020 Advances - Out 1,465
5.030 All Other Financing Uses 2,762
5.040 Total Other Financing Uses 51,435 45,488 87,250 45,000 40,000 35,000 30,000 25,000
5.050 Total Expenditure and Other Financing Uses 8,770,994 9,702,356 9,644,697 9,731,549 9,748,059 9,768,743 9,948,329 10,098,970
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 860,984 151,469 406,066 277,992 60,257 220,232 388,683 496,476
7.010 Beginning Cash Balance 2,472,635 3,333,619 3,485,088 3,891,154 4,169,146 4,229,403 4,449,635 4,838,318
7.020 Ending Cash Balance 3,333,619 3,485,088 3,891,154 4,169,146 4,229,403 4,449,635 4,838,318 5,334,794
8.010 Outstanding Encumbrances 215,785 26,316 13,859 30,000 30,000 30,000 30,000 30,000
9.030 Budget Reserve 653,744 653,744 653,744 653,744 653,744 653,744 653,744 653,744
9.080 Total Reservations 653,744 653,744 653,744 653,744 653,744 653,744 653,744 653,744
10.010 Fund Balance June 30 for Certification of Appropriations 2,464,090 2,805,028 3,223,551 3,485,402 3,545,659 3,765,891 4,154,574 4,651,050
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 2,464,090 2,805,028 3,223,551 3,485,402 3,545,659 3,765,891 4,154,574 4,651,050
15.010 Unreserved Fund Balance June 30 2,464,090 2,805,028 3,223,551 3,485,402 3,545,659 3,765,891 4,154,574 4,651,050
 
 
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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