Sebring Five Year Forecast for Fiscal Year 2021

District Type: Local
IRN: 048355
County: Mahoning
Date Submitted: 11/18/2020 Date Processed: 11/18/2020
 
Actual Forecasted
Line 2018 2019 2020 2021 2022 2023 2024 2025
1.010 General Property (Real Estate) 1,175,620 1,183,918 1,272,416 1,210,588 1,249,906 1,390,403 1,432,115 1,432,115
1.030 Income Tax 551,325 593,045 603,895 483,116 89,970
1.035 Unrestricted Grants-in-Aid 5,187,215 5,014,772 4,952,422 4,920,894 4,915,394 4,942,894 4,942,894 4,942,894
1.040 Restricted Grants-in-Aid 347,089 369,993 369,993 369,993 369,993 369,993 369,993 369,993
1.050 Property Tax Allocation 136,005 140,662 140,662 140,662 140,662 140,662 140,662 140,662
1.060 All Other Operating Revenue 698,423 726,505 726,505 770,505 726,505 726,505 726,505 726,505
1.070 Total Revenue 8,095,677 8,028,895 8,065,893 7,895,758 7,492,430 7,570,457 7,612,169 7,612,169
2.050 Advances-In 29,765 15,374
2.060 All Other Financial Sources 150,074
2.070 Total Other Financing Sources 29,765 165,448
2.080 Total Revenues and Other Financing Sources 8,125,442 8,194,343 8,065,893 7,895,758 7,492,430 7,570,457 7,612,169 7,612,169
3.010 Personnel Services 3,018,352 3,087,932 3,146,373 3,099,625 3,002,156 3,080,638 3,155,473 3,397,586
3.020 Employees' Retirement/Insurance Benefits 1,558,817 1,541,585 1,543,485 1,599,566 1,671,085 1,758,682 1,617,854 1,732,769
3.030 Purchased Services 2,461,898 2,315,107 2,018,482 2,038,667 2,079,440 2,121,029 2,163,450 2,206,719
3.040 Supplies and Materials 186,592 179,752 367,011 372,351 379,798 387,394 395,142 403,044
3.050 Capital Outlay 4,050 213,364 111,999 90,000 15,000 15,000 15,000 15,000
4.300 Other Objects 184,720 121,026 238,671 138,671 141,444 144,273 147,159 150,102
4.500 Total Expenditures 7,414,429 7,458,766 7,426,021 7,338,880 7,288,923 7,507,016 7,494,078 7,905,220
5.010 Operational Transfers - Out 71,605 68,000 108,244 108,244 308,244 108,244 108,244 108,244
5.020 Advances - Out 15,947 5,125 93,731 93,731 93,731 93,731 93,731 93,731
5.030 All Other Financing Uses 4,781
5.040 Total Other Financing Uses 87,552 77,906 201,975 201,975 401,975 201,975 201,975 201,975
5.050 Total Expenditure and Other Financing Uses 7,501,981 7,536,672 7,627,996 7,540,855 7,690,898 7,708,991 7,696,053 8,107,195
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 623,461 657,671 437,897 354,903 (198,468) (138,534) (83,884) (495,026)
7.010 Beginning Cash Balance 3,711,275 4,334,736 4,992,407 5,430,304 5,785,207 5,586,739 5,448,205 5,364,321
7.020 Ending Cash Balance 4,334,736 4,992,407 5,430,304 5,785,207 5,586,739 5,448,205 5,364,321 4,869,295
8.010 Outstanding Encumbrances 10,000 10,000 10,000 10,000 10,000
10.010 Fund Balance June 30 for Certification of Appropriations 4,334,736 4,992,407 5,430,304 5,775,207 5,576,739 5,438,205 5,354,321 4,859,295
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 4,334,736 4,992,407 5,430,304 5,775,207 5,576,739 5,438,205 5,354,321 4,859,295
15.010 Unreserved Fund Balance June 30 4,334,736 4,992,407 5,430,304 5,775,207 5,576,739 5,438,205 5,354,321 4,859,295
 
 
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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