Springfield Five Year Forecast for Fiscal Year 2017

District Type: Local
IRN: 048371
County: Mahoning
Date Submitted: 10/27/2016 Date Processed: 10/27/2016
 
Actual Forecasted
Line 2014 2015 2016 2017 2018 2019 2020 2021
1.010 General Property (Real Estate) 2,923,492 3,348,352 3,585,057 3,626,917 3,717,590 3,810,530 3,905,793 4,003,438
1.030 Income Tax 2,018,922 1,957,462 2,123,652 2,124,000 2,166,480 2,209,810 2,118,006
1.035 Unrestricted Grants-in-Aid 4,605,229 4,596,109 4,570,880 4,570,880 4,570,880 4,570,880 4,570,880 4,570,880
1.040 Restricted Grants-in-Aid 82,950 57,564 51,018 51,257 51,257 51,257 51,257 51,257
1.050 Property Tax Allocation 446,754 451,481 453,105 453,000 453,000 453,000 453,000 453,000
1.060 All Other Operating Revenue 67,789 105,617 201,396 94,815 94,815 94,815 94,815 94,815
1.070 Total Revenue 10,145,136 10,516,585 10,985,108 10,920,869 11,054,022 11,190,292 11,193,751 9,173,390
2.050 Advances-In 20,120 103,455
2.060 All Other Financial Sources 96,570 93,610 54,132 21,572 21,572 21,572 21,572 21,572
2.070 Total Other Financing Sources 116,690 93,610 54,132 125,027 21,572 21,572 21,572 21,572
2.080 Total Revenues and Other Financing Sources 10,261,826 10,610,195 11,039,240 11,045,896 11,075,594 11,211,864 11,215,323 9,194,962
3.010 Personnel Services 5,690,080 5,499,503 5,630,637 5,816,820 6,033,343 6,243,261 6,413,065 6,570,904
3.020 Employees' Retirement/Insurance Benefits 2,022,572 1,977,721 2,224,806 2,523,370 2,725,958 2,932,189 3,149,611 3,386,596
3.030 Purchased Services 1,777,881 1,803,671 2,117,904 2,160,262 2,203,467 2,247,536 2,292,487 2,338,337
3.040 Supplies and Materials 428,653 331,800 360,601 417,813 375,169 382,673 390,326 398,133
3.050 Capital Outlay 24,714 13,828 51,404 5,000 5,000 5,000 5,000 5,000
4.300 Other Objects 208,300 185,994 164,049 180,000 180,000 180,000 180,000 180,000
4.500 Total Expenditures 10,152,200 9,812,517 10,549,401 11,103,265 11,522,937 11,990,659 12,430,489 12,878,970
5.010 Operational Transfers - Out 90,002 95,000 70,000 70,000 70,000 70,000 70,000 70,000
5.020 Advances - Out 103,455
5.040 Total Other Financing Uses 90,002 95,000 173,455 70,000 70,000 70,000 70,000 70,000
5.050 Total Expenditure and Other Financing Uses 10,242,202 9,907,517 10,722,856 11,173,265 11,592,937 12,060,659 12,500,489 12,948,970
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 19,624 702,678 316,384 (127,369) (517,343) (848,795) (1,285,166) (3,754,008)
7.010 Beginning Cash Balance 1,737,813 1,757,437 2,460,115 2,776,499 2,649,130 2,131,787 1,282,992 (2,174)
7.020 Ending Cash Balance 1,757,437 2,460,115 2,776,499 2,649,130 2,131,787 1,282,992 (2,174) (3,756,182)
8.010 Outstanding Encumbrances 24,899 36,857 31,723 31,723 31,723 31,723 31,723 31,723
10.010 Fund Balance June 30 for Certification of Appropriations 1,732,538 2,423,258 2,744,776 2,617,407 2,100,064 1,251,269 (33,897) (3,787,905)
11.010 Income Tax - Renewal 136,000 2,299,086
11.300 Cumulative Balance of Replacement/Renewal Levies 136,000 2,435,086
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 1,732,538 2,423,258 2,744,776 2,617,407 2,100,064 1,251,269 102,103 (1,352,819)
15.010 Unreserved Fund Balance June 30 1,732,538 2,423,258 2,744,776 2,617,407 2,100,064 1,251,269 102,103 (1,352,819)
 
 
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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