Springfield Five Year Forecast for Fiscal Year 2017

District Type: Local
IRN: 048371
County: Mahoning
Date Submitted: 5/25/2017 Date Processed: 5/25/2017
 
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 3,678,000 3,769,950 3,864,199 3,960,804 4,059,824
1.030 Income Tax 2,018,922 1,957,462 2,123,652 2,126,072 2,157,963 2,190,332 2,087,187
1.035 Unrestricted Grants-in-Aid 4,605,229 4,596,109 4,570,880 4,524,683 4,570,880 4,570,880 4,570,880 4,570,880
1.040 Restricted Grants-in-Aid 82,950 57,564 51,018 39,547 51,257 51,257 51,257 51,257
1.050 Property Tax Allocation 446,754 451,481 453,105 458,011 458,011 458,011 458,011 458,011
1.060 All Other Operating Revenue 67,789 105,617 201,396 79,187 94,815 94,815 94,815 94,815
1.070 Total Revenue 10,145,136 10,516,585 10,985,108 10,905,500 11,102,876 11,229,494 11,222,954 9,234,787
2.050 Advances-In 20,120 103,455
2.060 All Other Financial Sources 96,570 93,610 54,132 24,166 21,572 21,572 21,572 21,572
2.070 Total Other Financing Sources 116,690 93,610 54,132 127,621 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 11,033,121 11,124,448 11,251,066 11,244,526 9,256,359
3.010 Personnel Services 5,690,080 5,499,503 5,630,637 5,840,846 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 2,428,500 2,657,488 2,808,632 2,960,761 3,120,762
3.030 Purchased Services 1,777,881 1,803,671 2,117,904 2,040,380 2,081,188 2,122,811 2,165,268 2,208,573
3.040 Supplies and Materials 428,653 331,800 360,601 419,536 427,927 436,785 445,215 454,119
3.050 Capital Outlay 24,714 13,828 51,404 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 10,909,262 11,384,946 11,796,489 12,169,309 12,539,358
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 10,979,262 11,454,946 11,866,489 12,239,309 12,609,358
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 19,624 702,678 316,384 53,859 (330,498) (615,423) (994,783) (3,352,999)
7.010 Beginning Cash Balance 1,737,813 1,757,437 2,460,115 2,776,499 2,830,358 2,499,860 1,884,437 889,654
7.020 Ending Cash Balance 1,757,437 2,460,115 2,776,499 2,830,358 2,499,860 1,884,437 889,654 (2,463,345)
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 2,798,635 2,468,137 1,852,714 857,931 (2,495,068)
11.010 Income Tax - Renewal 136,000 2,256,535
11.300 Cumulative Balance of Replacement/Renewal Levies 136,000 2,392,535
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 1,732,538 2,423,258 2,744,776 2,798,635 2,468,137 1,852,714 993,931 (102,533)
15.010 Unreserved Fund Balance June 30 1,732,538 2,423,258 2,744,776 2,798,635 2,468,137 1,852,714 993,931 (102,533)
 
 
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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