Buckeye Five Year Forecast for Fiscal Year 2018

District Type: Local
IRN: 048470
County: Medina
Date Submitted: 5/21/2018 Date Processed: 5/22/2018
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 10,608,190 11,012,458 11,274,723 11,571,658 11,250,915 11,344,305 11,472,178 11,550,662
1.020 Tangible Personal Property Tax 1,029,830 1,049,406 1,107,750 1,165,258 1,207,754 1,252,084 1,298,737 1,346,532
1.035 Unrestricted Grants-in-Aid 4,935,615 4,984,442 5,412,253 5,211,526 5,194,110 5,048,790 5,066,072 5,091,157
1.040 Restricted Grants-in-Aid 45,500 45,955 46,415 46,879 47,348
1.050 Property Tax Allocation 3,855,514 3,903,154 3,464,498 2,852,286 2,548,769 2,256,311 1,961,512 1,652,875
1.060 All Other Operating Revenue 1,143,085 1,515,440 1,354,749 1,360,376 1,373,469 1,386,693 1,400,049 1,413,538
1.070 Total Revenue 21,572,234 22,464,900 22,613,973 22,206,604 21,620,972 21,334,598 21,245,427 21,102,112
2.040 Operating Transfers-In 12,891
2.050 Advances-In 40,998 55,189 14,242 4,068 15,000 15,000 15,000 15,000
2.060 All Other Financial Sources 408,229 20,037 25,246 52,567 2,500 2,500 2,500 2,500
2.070 Total Other Financing Sources 449,227 88,117 39,488 56,635 17,500 17,500 17,500 17,500
2.080 Total Revenues and Other Financing Sources 22,021,461 22,553,017 22,653,461 22,263,239 21,638,472 21,352,098 21,262,927 21,119,612
3.010 Personnel Services 10,212,915 10,982,338 11,608,534 12,282,636 12,931,965 13,614,755 14,064,264 14,527,678
3.020 Employees' Retirement/Insurance Benefits 4,963,044 4,781,227 4,777,460 4,989,075 5,342,742 5,777,874 6,208,313 6,675,341
3.030 Purchased Services 2,568,000 2,577,553 2,857,195 2,926,060 2,984,581 3,044,273 3,105,158 3,167,261
3.040 Supplies and Materials 563,436 569,046 546,074 575,358 586,865 598,602 610,574 622,785
3.050 Capital Outlay 6,060 47,565 12
4.300 Other Objects 429,398 472,390 460,882 471,125 481,638 492,431 503,511 514,886
4.500 Total Expenditures 18,742,853 19,430,119 20,250,157 21,244,253 22,327,791 23,527,934 24,491,820 25,507,951
5.010 Operational Transfers - Out 161,693 132,929 123,074 128,500 128,500 128,500 128,500 128,500
5.020 Advances - Out 55,189 14,242 4,068 15,000 15,000 15,000 15,000 15,000
5.040 Total Other Financing Uses 216,882 147,171 127,142 143,500 143,500 143,500 143,500 143,500
5.050 Total Expenditure and Other Financing Uses 18,959,735 19,577,290 20,377,299 21,387,753 22,471,291 23,671,434 24,635,320 25,651,451
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 3,061,726 2,975,727 2,276,162 875,485 (832,819) (2,319,337) (3,372,393) (4,531,839)
7.010 Beginning Cash Balance 4,363,143 7,424,869 10,400,596 12,676,758 13,552,243 12,719,425 10,400,088 7,027,695
7.020 Ending Cash Balance 7,424,869 10,400,596 12,676,758 13,552,243 12,719,425 10,400,088 7,027,695 2,495,856
8.010 Outstanding Encumbrances 592,254 488,031 615,190 600,000 600,000 600,000 600,000 600,000
10.010 Fund Balance June 30 for Certification of Appropriations 6,832,615 9,912,565 12,061,568 12,952,243 12,119,425 9,800,088 6,427,695 1,895,856
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 6,832,615 9,912,565 12,061,568 12,952,243 12,119,425 9,800,088 6,427,695 1,895,856
15.010 Unreserved Fund Balance June 30 6,832,615 9,912,565 12,061,568 12,952,243 12,119,425 9,800,088 6,427,695 1,895,856
 
 
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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