Canfield Five Year Forecast for Fiscal Year 2018

District Type: Local
IRN: 048314
County: Mahoning
Date Submitted: 10/31/2017 Date Processed: 10/31/2017
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 18,192,005 18,425,088 18,783,938 18,942,000 19,175,000 19,350,000 19,450,000 19,550,000
1.035 Unrestricted Grants-in-Aid 6,352,865 6,351,985 6,357,032 6,365,000 6,363,000 6,361,000 6,359,000 6,357,000
1.040 Restricted Grants-in-Aid 74,940 33,685 44,675 45,000 45,000 45,000 45,000 45,000
1.050 Property Tax Allocation 2,289,235 2,295,266 2,303,224 2,312,000 2,322,000 2,332,000 2,342,000 2,352,000
1.060 All Other Operating Revenue 310,001 407,244 396,433 415,000 431,000 449,000 468,000 489,000
1.070 Total Revenue 27,219,046 27,513,268 27,885,302 28,079,000 28,336,000 28,537,000 28,664,000 28,793,000
2.050 Advances-In 213,781
2.070 Total Other Financing Sources 213,781
2.080 Total Revenues and Other Financing Sources 27,219,046 27,513,268 28,099,083 28,079,000 28,336,000 28,537,000 28,664,000 28,793,000
3.010 Personnel Services 14,345,288 14,601,520 15,599,888 15,452,965 15,916,500 16,394,000 16,558,000 16,723,000
3.020 Employees' Retirement/Insurance Benefits 4,910,400 5,543,423 6,048,495 6,298,485 6,555,000 7,009,000 7,447,000 7,925,000
3.030 Purchased Services 3,251,180 3,736,518 4,048,815 4,411,950 4,544,000 4,680,000 4,820,000 4,965,000
3.040 Supplies and Materials 768,140 659,684 657,006 709,800 724,000 738,000 753,000 768,000
3.050 Capital Outlay 18,668 24,449 21,563 50,000 50,000 50,000 50,000 50,000
4.300 Other Objects 493,321 501,853 512,383 520,000 530,000 541,000 552,000 563,000
4.500 Total Expenditures 23,786,997 25,067,447 26,888,150 27,443,200 28,319,500 29,412,000 30,180,000 30,994,000
5.020 Advances - Out 213,781
5.040 Total Other Financing Uses 213,781
5.050 Total Expenditure and Other Financing Uses 23,786,997 25,067,447 27,101,931 27,443,200 28,319,500 29,412,000 30,180,000 30,994,000
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 3,432,049 2,445,821 997,152 635,800 16,500 (875,000) (1,516,000) (2,201,000)
7.010 Beginning Cash Balance 7,354,610 10,786,659 13,232,480 14,229,632 14,865,432 14,881,932 14,006,932 12,490,932
7.020 Ending Cash Balance 10,786,659 13,232,480 14,229,632 14,865,432 14,881,932 14,006,932 12,490,932 10,289,932
8.010 Outstanding Encumbrances 2,000 2,000 500
10.010 Fund Balance June 30 for Certification of Appropriations 10,784,659 13,230,480 14,229,132 14,865,432 14,881,932 14,006,932 12,490,932 10,289,932
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 10,784,659 13,230,480 14,229,132 14,865,432 14,881,932 14,006,932 12,490,932 10,289,932
15.010 Unreserved Fund Balance June 30 10,784,659 13,230,480 14,229,132 14,865,432 14,881,932 14,006,932 12,490,932 10,289,932
 
 
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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