Northmor Five Year Forecast for Fiscal Year 2020

District Type: Local
IRN: 048819
County: Morrow
Date Submitted: 11/22/2019 Date Processed: 11/23/2019
 
Actual Forecasted
Line 2017 2018 2019 2020 2021 2022 2023 2024
1.010 General Property (Real Estate) 3,624,682 3,714,623 3,834,812 3,987,032 4,003,738 4,023,671 4,036,460 4,048,915
1.030 Income Tax 1,639,736 1,584,909 1,657,550 1,690,701 1,724,515 1,759,005 1,794,185 1,830,069
1.035 Unrestricted Grants-in-Aid 5,298,415 5,301,616 5,367,524 5,245,937 5,278,663 5,278,663 5,278,663 5,278,663
1.040 Restricted Grants-in-Aid 148,028 171,944 150,072 134,574 134,574 134,574 134,574 134,574
1.050 Property Tax Allocation 500,728 501,268 504,138 511,920 507,915 510,698 512,281 513,865
1.060 All Other Operating Revenue 910,281 1,027,216 1,459,348 1,167,916 1,186,210 1,204,818 1,223,748 1,243,003
1.070 Total Revenue 12,121,870 12,301,576 12,973,444 12,738,080 12,835,615 12,911,430 12,979,911 13,049,090
2.060 All Other Financial Sources 412 19,422
2.070 Total Other Financing Sources 412 19,422
2.080 Total Revenues and Other Financing Sources 12,121,870 12,301,988 12,973,444 12,757,502 12,835,615 12,911,430 12,979,911 13,049,090
3.010 Personnel Services 5,051,071 5,381,239 5,677,329 5,679,900 5,677,480 6,109,391 6,218,507 6,329,629
3.020 Employees' Retirement/Insurance Benefits 2,480,430 2,436,227 2,469,852 2,535,371 2,645,281 2,924,643 3,090,634 3,280,351
3.030 Purchased Services 2,504,207 2,641,810 2,568,191 2,579,554 2,631,146 2,683,768 2,737,444 2,792,193
3.040 Supplies and Materials 375,477 372,227 466,443 460,101 478,505 497,645 517,551 538,253
3.050 Capital Outlay 21,035 8,583 38,515 50,000 50,000 50,000 50,000 50,000
4.050 Debt Service: Principal - HB 264 Loans 120,000 247,000 257,000 262,000 268,000
4.300 Other Objects 394,120 390,224 401,474 406,463 411,522 416,653 421,857 427,135
4.500 Total Expenditures 10,826,340 11,230,310 11,621,804 11,831,389 12,140,934 12,939,099 13,297,993 13,685,561
5.050 Total Expenditure and Other Financing Uses 10,826,340 11,230,310 11,621,804 11,831,389 12,140,934 12,939,099 13,297,993 13,685,561
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 1,295,530 1,071,678 1,351,640 926,113 694,681 (27,670) (318,082) (636,471)
7.010 Beginning Cash Balance 1,566,694 2,862,224 3,933,902 5,285,542 6,211,655 6,906,336 6,878,666 6,560,584
7.020 Ending Cash Balance 2,862,224 3,933,902 5,285,542 6,211,655 6,906,336 6,878,666 6,560,584 5,924,113
8.010 Outstanding Encumbrances 117,540 59,948 20,796 20,796 20,796 20,796 20,796 20,796
10.010 Fund Balance June 30 for Certification of Appropriations 2,744,684 3,873,954 5,264,746 6,190,859 6,885,540 6,857,870 6,539,788 5,903,317
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 2,744,684 3,873,954 5,264,746 6,190,859 6,885,540 6,857,870 6,539,788 5,903,317
15.010 Unreserved Fund Balance June 30 2,744,684 3,873,954 5,264,746 6,190,859 6,885,540 6,857,870 6,539,788 5,903,317
 
 
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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