Fort Recovery Five Year Forecast for Fiscal Year 2017

District Type: Local
IRN: 048595
County: Mercer
Date Submitted: 10/20/2016 Date Processed: 10/20/2016
 
Actual Forecasted
Line 2014 2015 2016 2017 2018 2019 2020 2021
1.010 General Property (Real Estate) 1,635,697 1,883,044 2,139,516 2,205,881 2,163,737 2,180,612 2,246,071 2,324,095
1.020 Tangible Personal Property Tax 85,987 94,316 94,083 98,377 99,855 101,852 103,889 106,491
1.030 Income Tax 2,061,847 2,065,342 1,886,568 1,846,401 1,871,430 1,896,960 1,923,000 1,949,561
1.035 Unrestricted Grants-in-Aid 4,933,039 5,057,285 5,485,232 5,778,199 5,136,405 5,135,950 5,135,672 5,134,989
1.040 Restricted Grants-in-Aid 105,082 170,166 89,023 77,486 77,455 77,444 77,437 77,420
1.050 Property Tax Allocation 223,236 246,766 275,679 271,771 269,574 268,308 277,040 287,802
1.060 All Other Operating Revenue 410,086 444,656 409,487 429,876 432,447 435,068 437,740 440,463
1.070 Total Revenue 9,454,974 9,961,575 10,379,588 10,707,991 10,050,903 10,096,194 10,200,849 10,320,821
2.050 Advances-In 72,000 27,000 27,000 27,000
2.060 All Other Financial Sources 31,607 31,620 23,757 23,500 20,000 20,000 20,000 20,000
2.070 Total Other Financing Sources 103,607 58,620 50,757 50,500 20,000 20,000 20,000 20,000
2.080 Total Revenues and Other Financing Sources 9,558,581 10,020,195 10,430,345 10,758,491 10,070,903 10,116,194 10,220,849 10,340,821
3.010 Personnel Services 4,627,867 4,777,443 4,874,680 5,083,644 5,276,150 5,475,948 5,683,312 5,898,531
3.020 Employees' Retirement/Insurance Benefits 2,137,431 2,239,784 2,296,188 2,324,686 2,441,588 2,592,891 2,754,329 2,925,191
3.030 Purchased Services 704,820 741,660 660,694 742,757 733,909 749,201 753,942 770,201
3.040 Supplies and Materials 285,158 337,724 347,339 415,368 396,672 418,770 438,701 460,505
3.050 Capital Outlay 80,565 82,931 88,832 108,640 104,000 95,000 95,000 95,000
4.050 Debt Service: Principal - HB 264 Loans 47,371 47,371 47,371 46,695
4.060 Debt Service: Interest and Fiscal Charges 4,686 3,332 1,989 676
4.300 Other Objects 697,384 697,843 687,112 770,964 779,442 815,564 824,349 862,818
4.500 Total Expenditures 8,585,282 8,928,088 9,004,205 9,493,430 9,731,761 10,147,374 10,549,633 11,012,246
5.010 Operational Transfers - Out 485,000 458,000 350,000 400,000 350,000 250,000 250,000 300,000
5.020 Advances - Out 47,000 27,000 27,000 27,000
5.030 All Other Financing Uses (2,742) (3,145)
5.040 Total Other Financing Uses 532,000 482,258 373,855 427,000 350,000 250,000 250,000 300,000
5.050 Total Expenditure and Other Financing Uses 9,117,282 9,410,346 9,378,060 9,920,430 10,081,761 10,397,374 10,799,633 11,312,246
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 441,299 609,849 1,052,285 838,061 (10,858) (281,180) (578,784) (971,425)
7.010 Beginning Cash Balance 2,707,645 3,148,944 3,758,793 4,811,078 5,649,139 5,638,281 5,357,101 4,778,317
7.020 Ending Cash Balance 3,148,944 3,758,793 4,811,078 5,649,139 5,638,281 5,357,101 4,778,317 3,806,892
8.010 Outstanding Encumbrances 352,525 338,448 480,280 300,000 300,000 300,000 300,000 300,000
10.010 Fund Balance June 30 for Certification of Appropriations 2,796,419 3,420,345 4,330,798 5,349,139 5,338,281 5,057,101 4,478,317 3,506,892
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 2,796,419 3,420,345 4,330,798 5,349,139 5,338,281 5,057,101 4,478,317 3,506,892
15.010 Unreserved Fund Balance June 30 2,796,419 3,420,345 4,330,798 5,349,139 5,338,281 5,057,101 4,478,317 3,506,892
 
 
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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