| Springboro Community Five Year Forecast for Fiscal Year 2019 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| District Type: City | |||||||||
| IRN: 050427 | |||||||||
| County: Warren | |||||||||
| Date Submitted: 10/19/2018 Date Processed: 10/20/2018 | |||||||||
| Actual | Forecasted | ||||||||
| Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| 1.010 General Property (Real Estate) | 24,311,920 | 25,387,526 | 25,980,873 | 25,680,364 | 27,211,641 | 27,789,447 | 29,111,673 | 30,371,115 | |
| 1.020 Tangible Personal Property Tax | 3,698,924 | 4,243,735 | 5,511,700 | 5,325,541 | 5,550,413 | 5,625,924 | 5,679,946 | 5,732,916 | |
| 1.035 Unrestricted Grants-in-Aid | 14,829,983 | 15,833,702 | 16,374,691 | 16,701,576 | 16,715,703 | 16,719,026 | 16,718,831 | 16,717,353 | |
| 1.040 Restricted Grants-in-Aid | 5,644 | 8,297 | 8,665 | 8,906 | 9,083 | 9,129 | 9,128 | 9,126 | |
| 1.050 Property Tax Allocation | 3,568,448 | 3,619,250 | 3,685,509 | 3,780,026 | 3,941,625 | 4,025,618 | 4,227,831 | 4,427,596 | |
| 1.060 All Other Operating Revenue | 1,189,726 | 1,084,022 | 1,637,606 | 1,533,519 | 1,534,629 | 1,550,962 | 1,567,521 | 1,584,311 | |
| 1.070 Total Revenue | 47,604,645 | 50,176,532 | 53,199,044 | 53,029,932 | 54,963,094 | 55,720,106 | 57,314,930 | 58,842,417 | |
| 2.060 All Other Financial Sources | 59,702 | 50,478 | 176,243 | 181,233 | 10,000 | 10,000 | 10,000 | 10,000 | |
| 2.070 Total Other Financing Sources | 59,702 | 50,478 | 176,243 | 181,233 | 10,000 | 10,000 | 10,000 | 10,000 | |
| 2.080 Total Revenues and Other Financing Sources | 47,664,347 | 50,227,010 | 53,375,287 | 53,211,165 | 54,973,094 | 55,730,106 | 57,324,930 | 58,852,417 | |
| 3.010 Personnel Services | 25,994,569 | 27,425,509 | 28,955,749 | 30,246,297 | 31,751,749 | 32,965,453 | 34,225,436 | 35,533,463 | |
| 3.020 Employees' Retirement/Insurance Benefits | 9,567,447 | 9,389,402 | 10,152,892 | 10,740,807 | 11,458,535 | 12,114,209 | 12,814,094 | 13,561,413 | |
| 3.030 Purchased Services | 6,908,036 | 8,041,312 | 8,234,592 | 8,319,716 | 8,484,323 | 8,683,330 | 8,909,269 | 9,140,399 | |
| 3.040 Supplies and Materials | 2,087,422 | 1,973,745 | 2,179,583 | 2,150,092 | 2,658,295 | 2,394,662 | 2,386,756 | 2,433,826 | |
| 3.050 Capital Outlay | 859,285 | 1,064,672 | 946,503 | 1,371,643 | 1,162,601 | 1,073,741 | 1,085,067 | 1,096,582 | |
| 4.010 Debt Service: All Principal (Historical) | 625,000 | 639,000 | 530,000 | ||||||
| 4.055 Debt Service: Principal - Other | 326,000 | 337,000 | 342,000 | 291,000 | 291,000 | ||||
| 4.060 Debt Service: Interest and Fiscal Charges | 296,225 | 274,124 | 254,816 | 241,701 | 224,000 | 211,758 | 198,689 | 186,000 | |
| 4.300 Other Objects | 605,890 | 612,947 | 714,314 | 629,790 | 636,246 | 642,774 | 649,375 | 656,049 | |
| 4.500 Total Expenditures | 46,943,874 | 49,420,711 | 51,968,449 | 54,026,046 | 56,712,749 | 58,427,927 | 60,559,686 | 62,898,732 | |
| 5.010 Operational Transfers - Out | 939,213 | 371,840 | 11,078 | ||||||
| 5.020 Advances - Out | 3,720 | ||||||||
| 5.040 Total Other Financing Uses | 942,933 | 371,840 | 11,078 | ||||||
| 5.050 Total Expenditure and Other Financing Uses | 47,886,807 | 49,792,551 | 51,979,527 | 54,026,046 | 56,712,749 | 58,427,927 | 60,559,686 | 62,898,732 | |
| 6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing | (222,460) | 434,459 | 1,395,760 | (814,881) | (1,739,655) | (2,697,821) | (3,234,756) | (4,046,315) | |
| 7.010 Beginning Cash Balance | 8,368,438 | 8,145,978 | 8,580,437 | 9,976,197 | 9,161,316 | 7,421,661 | 4,723,840 | 1,489,084 | |
| 7.020 Ending Cash Balance | 8,145,978 | 8,580,437 | 9,976,197 | 9,161,316 | 7,421,661 | 4,723,840 | 1,489,084 | (2,557,231) | |
| 10.010 Fund Balance June 30 for Certification of Appropriations | 8,145,978 | 8,580,437 | 9,976,197 | 9,161,316 | 7,421,661 | 4,723,840 | 1,489,084 | (2,557,231) | |
| 12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations | 8,145,978 | 8,580,437 | 9,976,197 | 9,161,316 | 7,421,661 | 4,723,840 | 1,489,084 | (2,557,231) | |
| 15.010 Unreserved Fund Balance June 30 | 8,145,978 | 8,580,437 | 9,976,197 | 9,161,316 | 7,421,661 | 4,723,840 | 1,489,084 | (2,557,231) | |
| Notes to the Five Year Forecast | |||||||||
| Please visit the Ohio Department of Education website at | |||||||||
| ftp://ftp.ode.state.oh.us/geodoc/5-yrForecast/ | |||||||||