Fort Recovery Five Year Forecast for Fiscal Year 2018

District Type: Local
IRN: 048595
County: Mercer
Date Submitted: 10/17/2017 Date Processed: 10/18/2017
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 1,883,044 2,139,516 2,089,551 2,099,673 2,137,742 2,168,675 2,197,503 2,228,764
1.020 Tangible Personal Property Tax 94,083 94,316 99,138 97,906 99,392 100,865 102,547 104,437
1.030 Income Tax 2,065,342 1,886,568 1,494,118 1,524,275 1,548,487 1,573,184 1,598,374 1,624,068
1.035 Unrestricted Grants-in-Aid 5,057,285 5,485,232 5,605,469 5,618,583 5,615,299 5,617,472 5,617,030 5,616,397
1.040 Restricted Grants-in-Aid 170,166 89,023 98,628 90,895 92,836 92,838 92,834 92,823
1.050 Property Tax Allocation 246,766 275,679 274,545 275,796 278,836 282,395 284,424 288,587
1.060 All Other Operating Revenue 444,656 409,488 558,409 486,948 490,406 493,635 497,533 501,423
1.070 Total Revenue 9,961,342 10,379,822 10,219,858 10,194,076 10,262,998 10,329,064 10,390,245 10,456,499
2.050 Advances-In 27,000 27,000 37,000 27,000 27,000 27,000 27,000 27,000
2.060 All Other Financial Sources 31,620 23,757 67,366 20,000 20,000 20,000 20,000 20,000
2.070 Total Other Financing Sources 58,620 50,757 104,366 47,000 47,000 47,000 47,000 47,000
2.080 Total Revenues and Other Financing Sources 10,019,962 10,430,579 10,324,224 10,241,076 10,309,998 10,376,064 10,437,245 10,503,499
3.010 Personnel Services 4,777,443 4,874,680 4,987,064 5,178,679 5,376,647 5,510,604 5,657,194 5,807,684
3.020 Employees' Retirement/Insurance Benefits 2,239,784 2,296,188 2,177,329 2,303,355 2,453,080 2,599,329 2,758,912 2,931,328
3.030 Purchased Services 741,660 660,694 759,831 756,690 775,430 795,659 817,156 841,036
3.040 Supplies and Materials 337,724 347,339 441,605 400,344 410,854 421,680 432,830 444,315
3.050 Capital Outlay 82,931 88,832 69,560 95,210 95,210 95,210 95,210 95,210
4.050 Debt Service: Principal - HB 264 Loans 47,371 47,371 46,695
4.060 Debt Service: Interest and Fiscal Charges 3,332 1,989 638
4.300 Other Objects 697,843 687,112 777,299 756,407 793,572 802,417 841,461 851,227
4.500 Total Expenditures 8,928,088 9,004,205 9,260,021 9,490,685 9,904,793 10,224,899 10,602,763 10,970,800
5.010 Operational Transfers - Out 458,000 350,000 500,000 350,000 250,000 250,000 300,000 250,000
5.020 Advances - Out 27,000 27,000 27,000 27,000 27,000 27,000 27,000 27,000
5.030 All Other Financing Uses (2,742) (3,145) (2,691) (1,500) (1,500) (1,500) (1,500) (1,500)
5.040 Total Other Financing Uses 482,258 373,855 524,309 375,500 275,500 275,500 325,500 275,500
5.050 Total Expenditure and Other Financing Uses 9,410,346 9,378,060 9,784,330 9,866,185 10,180,293 10,500,399 10,928,263 11,246,300
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 609,616 1,052,519 539,894 374,891 129,705 (124,335) (491,018) (742,801)
7.010 Beginning Cash Balance 3,148,945 3,758,561 4,811,080 5,350,974 5,725,865 5,855,570 5,731,235 5,240,217
7.020 Ending Cash Balance 3,758,561 4,811,080 5,350,974 5,725,865 5,855,570 5,731,235 5,240,217 4,497,416
8.010 Outstanding Encumbrances 338,448 480,280 349,082 300,000 300,000 300,000 300,000 300,000
10.010 Fund Balance June 30 for Certification of Appropriations 3,420,113 4,330,800 5,001,892 5,425,865 5,555,570 5,431,235 4,940,217 4,197,416
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 3,420,113 4,330,800 5,001,892 5,425,865 5,555,570 5,431,235 4,940,217 4,197,416
15.010 Unreserved Fund Balance June 30 3,420,113 4,330,800 5,001,892 5,425,865 5,555,570 5,431,235 4,940,217 4,197,416
 
 
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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