Canfield Five Year Forecast for Fiscal Year 2017

District Type: Local
IRN: 048314
County: Mahoning
Date Submitted: 5/31/2017 Date Processed: 5/31/2017
 
Actual Forecasted
Line 2014 2015 2016 2017 2018 2019 2020 2021
1.010 General Property (Real Estate) 16,283,401 18,192,005 18,425,088 18,784,000 18,884,000 18,984,000 19,084,000 19,184,000
1.035 Unrestricted Grants-in-Aid 6,220,714 6,352,865 6,351,985 6,370,000 6,368,000 6,366,000 6,364,000 6,362,000
1.040 Restricted Grants-in-Aid 11,338 74,940 33,685 34,000 34,000 34,000 34,000 34,000
1.050 Property Tax Allocation 2,235,210 2,289,235 2,295,266 2,303,000 2,313,000 2,323,000 2,333,000 2,343,000
1.060 All Other Operating Revenue 479,838 310,001 407,244 360,000 370,000 380,000 390,000 400,000
1.070 Total Revenue 25,230,501 27,219,046 27,513,268 27,851,000 27,969,000 28,087,000 28,205,000 28,323,000
2.080 Total Revenues and Other Financing Sources 25,230,501 27,219,046 27,513,268 27,851,000 27,969,000 28,087,000 28,205,000 28,323,000
3.010 Personnel Services 13,686,794 14,345,288 14,601,520 15,561,340 15,387,000 15,772,000 16,166,000 16,570,000
3.020 Employees' Retirement/Insurance Benefits 4,965,471 4,910,400 5,543,423 6,101,560 6,373,000 6,801,000 7,267,000 7,774,000
3.030 Purchased Services 2,988,877 3,251,180 3,736,518 3,912,800 4,069,000 4,232,000 4,401,000 4,577,000
3.040 Supplies and Materials 794,109 768,140 659,684 687,000 701,000 715,000 729,000 744,000
3.050 Capital Outlay 23,386 18,668 24,449 48,000 50,000 50,000 50,000 50,000
4.050 Debt Service: Principal - HB 264 Loans 26,229
4.060 Debt Service: Interest and Fiscal Charges 1,239
4.300 Other Objects 545,893 493,321 501,853 509,500 520,000 530,000 541,000 552,000
4.500 Total Expenditures 23,031,998 23,786,997 25,067,447 26,820,200 27,100,000 28,100,000 29,154,000 30,267,000
5.050 Total Expenditure and Other Financing Uses 23,031,998 23,786,997 25,067,447 26,820,200 27,100,000 28,100,000 29,154,000 30,267,000
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 2,198,503 3,432,049 2,445,821 1,030,800 869,000 (13,000) (949,000) (1,944,000)
7.010 Beginning Cash Balance 5,156,107 7,354,610 10,786,659 13,232,480 14,263,280 15,132,280 15,119,280 14,170,280
7.020 Ending Cash Balance 7,354,610 10,786,659 13,232,480 14,263,280 15,132,280 15,119,280 14,170,280 12,226,280
8.010 Outstanding Encumbrances 1,075 2,000 2,000
10.010 Fund Balance June 30 for Certification of Appropriations 7,353,535 10,784,659 13,230,480 14,263,280 15,132,280 15,119,280 14,170,280 12,226,280
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 7,353,535 10,784,659 13,230,480 14,263,280 15,132,280 15,119,280 14,170,280 12,226,280
15.010 Unreserved Fund Balance June 30 7,353,535 10,784,659 13,230,480 14,263,280 15,132,280 15,119,280 14,170,280 12,226,280
 
 
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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