Green Five Year Forecast for Fiscal Year 2019

District Type: Local
IRN: 050013
County: Summit
Date Submitted: 10/22/2018 Date Processed: 10/22/2018
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 20,806,892 20,669,857 21,376,473 21,073,195 19,489,534 18,015,491 16,206,418 14,258,696
1.020 Tangible Personal Property Tax 774,692 832,879 878,846 889,563 857,395 821,007 769,010 717,663
1.035 Unrestricted Grants-in-Aid 12,749,316 12,793,978 12,931,339 12,931,605 12,928,702 12,955,467 13,337,178 13,723,935
1.040 Restricted Grants-in-Aid 107,553 103,849 64,481 65,324 69,806 69,831 68,937 69,268
1.050 Property Tax Allocation 2,882,470 3,132,802 2,866,530 2,854,745 2,599,771 2,389,954 2,153,250 1,893,036
1.060 All Other Operating Revenue 1,884,885 2,863,231 2,400,740 2,231,627 2,160,697 2,172,563 2,195,467 2,207,512
1.070 Total Revenue 39,205,808 40,396,596 40,518,409 40,046,059 38,105,905 36,424,313 34,730,260 32,870,110
2.050 Advances-In 3,615 2,297
2.060 All Other Financial Sources 16,496 4,494 16,989 172,160 1,500 1,500 1,500 1,500
2.070 Total Other Financing Sources 16,496 8,109 19,286 172,160 1,500 1,500 1,500 1,500
2.080 Total Revenues and Other Financing Sources 39,222,304 40,404,705 40,537,695 40,218,219 38,107,405 36,425,813 34,731,760 32,871,610
3.010 Personnel Services 21,549,636 22,185,787 23,053,927 24,342,730 25,607,903 26,645,426 27,724,985 28,848,283
3.020 Employees' Retirement/Insurance Benefits 8,659,181 8,314,918 9,306,009 9,351,873 11,336,667 12,209,188 13,157,858 14,189,843
3.030 Purchased Services 4,290,499 4,695,283 4,703,386 4,702,964 4,762,573 4,803,689 4,845,216 4,887,158
3.040 Supplies and Materials 1,069,850 1,146,881 1,102,878 1,220,775 1,230,025 1,245,025 1,257,025 1,270,275
4.010 Debt Service: All Principal (Historical) 86,969 95,000 105,000
4.020 Debt Service: Principal-Notes 105,000 110,000 110,000 115,000 115,000
4.060 Debt Service: Interest and Fiscal Charges 62,752 27,207 30,984 28,790 26,543 24,244 21,893 21,893
4.300 Other Objects 549,902 457,768 448,195 457,501 466,901 474,751 479,501 482,201
4.500 Total Expenditures 36,268,789 36,922,844 38,750,379 40,209,633 43,540,612 45,512,323 47,601,478 49,814,653
5.010 Operational Transfers - Out 3,888 2,316 3,486
5.020 Advances - Out 3,615 2,296
5.040 Total Other Financing Uses 3,888 5,931 5,782
5.050 Total Expenditure and Other Financing Uses 36,272,677 36,928,775 38,756,161 40,209,633 43,540,612 45,512,323 47,601,478 49,814,653
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 2,949,627 3,475,930 1,781,534 8,586 (5,433,207) (9,086,510) (12,869,718) (16,943,043)
7.010 Beginning Cash Balance 4,684,234 7,633,861 11,109,791 12,891,325 12,899,911 7,466,704 (1,619,806) (14,489,524)
7.020 Ending Cash Balance 7,633,861 11,109,791 12,891,325 12,899,911 7,466,704 (1,619,806) (14,489,524) (31,432,567)
8.010 Outstanding Encumbrances 450,000 724,638 773,847 700,000 700,000 700,000 700,000 700,000
10.010 Fund Balance June 30 for Certification of Appropriations 7,183,861 10,385,153 12,117,478 12,199,911 6,766,704 (2,319,806) (15,189,524) (32,132,567)
11.020 Property Tax - Renewal or Replacement 2,086,736 4,173,419 6,599,639 9,018,112
11.300 Cumulative Balance of Replacement/Renewal Levies 2,086,736 6,260,155 12,859,794 21,877,906
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 7,183,861 10,385,153 12,117,478 12,199,911 8,853,440 3,940,349 (2,329,730) (10,254,661)
15.010 Unreserved Fund Balance June 30 7,183,861 10,385,153 12,117,478 12,199,911 8,853,440 3,940,349 (2,329,730) (10,254,661)
 
 
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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