Springfield Five Year Forecast for Fiscal Year 2019 |
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District Type: Local |
IRN: 048371 |
County: Mahoning |
Date Submitted: 10/12/2018 Date Processed: 10/13/2018 |
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Actual |
Forecasted |
Line |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
1.010 General Property (Real Estate) |
3,585,057 |
3,678,000 |
3,800,893 |
3,875,470 |
3,932,587 |
3,991,576 |
4,051,449 |
4,112,221 |
1.030 Income Tax |
2,123,652 |
2,126,072 |
2,162,732 |
2,195,173 |
2,054,494 |
1.035 Unrestricted Grants-in-Aid |
4,570,880 |
4,515,840 |
4,555,727 |
4,526,802 |
4,526,802 |
4,526,802 |
4,526,802 |
4,526,802 |
1.040 Restricted Grants-in-Aid |
51,018 |
43,904 |
44,851 |
44,662 |
44,662 |
44,662 |
44,662 |
44,662 |
1.050 Property Tax Allocation |
453,105 |
454,036 |
471,228 |
471,228 |
471,228 |
471,228 |
471,228 |
471,228 |
1.060 All Other Operating Revenue |
201,396 |
116,834 |
206,720 |
214,500 |
200,000 |
200,000 |
200,000 |
200,000 |
1.070 Total Revenue |
10,985,108 |
10,934,686 |
11,242,151 |
11,327,835 |
11,229,773 |
9,234,268 |
9,294,141 |
9,354,913 |
2.050 Advances-In |
|
103,455 |
183,736 |
2,043 |
2.060 All Other Financial Sources |
54,132 |
24,166 |
23,798 |
33,579 |
25,000 |
25,000 |
25,000 |
25,000 |
2.070 Total Other Financing Sources |
54,132 |
127,621 |
207,534 |
35,622 |
25,000 |
25,000 |
25,000 |
25,000 |
2.080 Total Revenues and Other Financing Sources |
11,039,240 |
11,062,307 |
11,449,685 |
11,363,457 |
11,254,773 |
9,259,268 |
9,319,141 |
9,379,913 |
3.010 Personnel Services |
5,630,637 |
5,806,838 |
6,038,131 |
6,118,111 |
6,303,113 |
6,524,386 |
6,733,979 |
6,880,676 |
3.020 Employees' Retirement/Insurance Benefits |
2,224,806 |
2,441,946 |
2,570,944 |
2,631,764 |
2,666,597 |
2,775,067 |
2,885,610 |
2,991,008 |
3.030 Purchased Services |
2,117,904 |
1,898,770 |
2,138,727 |
1,933,727 |
1,982,070 |
2,031,622 |
2,082,412 |
2,134,473 |
3.040 Supplies and Materials |
360,601 |
418,429 |
378,900 |
380,000 |
380,000 |
380,000 |
380,000 |
380,000 |
3.050 Capital Outlay |
51,404 |
10,793 |
209 |
4.300 Other Objects |
164,049 |
169,616 |
224,037 |
229,638 |
235,379 |
241,263 |
247,295 |
253,477 |
4.500 Total Expenditures |
10,549,401 |
10,746,392 |
11,350,948 |
11,293,240 |
11,567,159 |
11,952,338 |
12,329,296 |
12,639,634 |
5.010 Operational Transfers - Out |
70,000 |
85,000 |
42,000 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
5.020 Advances - Out |
103,455 |
183,736 |
2,043 |
5.040 Total Other Financing Uses |
173,455 |
268,736 |
44,043 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
5.050 Total Expenditure and Other Financing Uses |
10,722,856 |
11,015,128 |
11,394,991 |
11,343,240 |
11,617,159 |
12,002,338 |
12,379,296 |
12,689,634 |
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing |
316,384 |
47,179 |
54,694 |
20,217 |
(362,386) |
(2,743,070) |
(3,060,155) |
(3,309,721) |
7.010 Beginning Cash Balance |
2,460,115 |
2,776,499 |
2,823,678 |
2,878,372 |
2,898,589 |
2,536,203 |
(206,867) |
(3,267,022) |
7.020 Ending Cash Balance |
2,776,499 |
2,823,678 |
2,878,372 |
2,898,589 |
2,536,203 |
(206,867) |
(3,267,022) |
(6,576,743) |
8.010 Outstanding Encumbrances |
31,723 |
45,828 |
151,442 |
50,000 |
50,000 |
50,000 |
50,000 |
50,000 |
10.010 Fund Balance June 30 for Certification of Appropriations |
2,744,776 |
2,777,850 |
2,726,930 |
2,848,589 |
2,486,203 |
(256,867) |
(3,317,022) |
(6,626,743) |
11.010 Income Tax - Renewal |
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|
|
|
173,607 |
2,261,522 |
2,295,445 |
2,329,877 |
11.300 Cumulative Balance of Replacement/Renewal Levies |
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|
173,607 |
2,435,129 |
4,730,574 |
7,060,451 |
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations |
2,744,776 |
2,777,850 |
2,726,930 |
2,848,589 |
2,659,810 |
2,178,262 |
1,413,552 |
433,708 |
15.010 Unreserved Fund Balance June 30 |
2,744,776 |
2,777,850 |
2,726,930 |
2,848,589 |
2,659,810 |
2,178,262 |
1,413,552 |
433,708 |
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Notes to the Five Year Forecast |
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Please visit the Ohio Department of Education website at |
ftp://ftp.ode.state.oh.us/geodoc/5-yrForecast/ |