Springboro Community Five Year Forecast for Fiscal Year 2017

District Type: City
IRN: 050427
County: Warren
Date Submitted: 10/31/2016 Date Processed: 10/31/2016
 
Actual Forecasted
Line 2014 2015 2016 2017 2018 2019 2020 2021
1.010 General Property (Real Estate) 23,536,769 23,273,806 24,311,920 24,902,060 25,200,574 22,329,522 19,482,908 19,921,360
1.020 Tangible Personal Property Tax 3,898,506 3,750,738 3,698,924 3,816,744 3,858,274 3,599,887 3,343,320 3,393,470
1.035 Unrestricted Grants-in-Aid 11,871,107 13,400,138 14,829,983 15,810,653 16,394,573 17,015,458 16,747,282 16,846,709
1.040 Restricted Grants-in-Aid 4,089 327,820 5,644 6,778 9,004 9,025 9,048 9,090
1.050 Property Tax Allocation 3,492,181 3,472,907 3,568,448 3,615,222 3,664,898 3,238,644 2,817,309 2,881,905
1.060 All Other Operating Revenue 797,593 1,084,814 1,189,726 1,213,521 1,237,791 1,262,547 1,287,798 1,313,554
1.070 Total Revenue 43,600,245 45,310,223 47,604,645 49,364,977 50,365,114 47,455,081 43,687,665 44,366,087
2.050 Advances-In 124,388
2.060 All Other Financial Sources 601,056 110,544 59,702 10,000 10,000 10,000 10,000 10,000
2.070 Total Other Financing Sources 725,444 110,544 59,702 10,000 10,000 10,000 10,000 10,000
2.080 Total Revenues and Other Financing Sources 44,325,689 45,420,767 47,664,347 49,374,977 50,375,114 47,465,081 43,697,665 44,376,087
3.010 Personnel Services 24,213,881 25,433,907 25,994,569 28,032,816 29,025,303 29,844,049 30,685,891 31,551,480
3.020 Employees' Retirement/Insurance Benefits 9,202,023 9,413,623 9,567,447 9,144,418 9,753,726 10,301,909 10,887,068 11,511,968
3.030 Purchased Services 6,250,074 7,296,366 6,908,036 7,605,997 7,965,774 8,244,056 8,532,692 8,832,081
3.040 Supplies and Materials 1,659,797 2,370,193 2,087,422 2,361,498 2,218,348 2,155,935 2,794,274 2,533,379
3.050 Capital Outlay 1,766,453 1,701,648 859,285 1,133,719 1,186,879 1,405,402 1,204,296 1,223,567
4.010 Debt Service: All Principal (Historical) 371,000 430,000 625,000
4.055 Debt Service: Principal - Other 639,000 530,000 326,000 337,000 342,000
4.060 Debt Service: Interest and Fiscal Charges 164,337 211,470 296,225 265,571 246,802 241,701 224,000 211,758
4.300 Other Objects 618,935 601,744 605,890 611,910 617,990 624,131 630,333 636,598
4.500 Total Expenditures 44,246,500 47,458,951 46,943,874 49,794,929 51,544,822 53,143,184 55,295,555 56,842,832
5.010 Operational Transfers - Out 366,910 376,242 939,213 355,000 355,000 355,000 355,000 355,000
5.020 Advances - Out 3,720
5.040 Total Other Financing Uses 366,910 376,242 942,933 355,000 355,000 355,000 355,000 355,000
5.050 Total Expenditure and Other Financing Uses 44,613,410 47,835,193 47,886,807 50,149,929 51,899,822 53,498,184 55,650,555 57,197,832
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing (287,721) (2,414,426) (222,460) (774,952) (1,524,708) (6,033,103) (11,952,890) (12,821,745)
7.010 Beginning Cash Balance 11,070,585 10,782,864 8,368,438 8,145,978 7,371,026 5,846,318 (186,784) (12,139,674)
7.020 Ending Cash Balance 10,782,864 8,368,438 8,145,978 7,371,026 5,846,318 (186,784) (12,139,674) (24,961,419)
10.010 Fund Balance June 30 for Certification of Appropriations 10,782,864 8,368,438 8,145,978 7,371,026 5,846,318 (186,784) (12,139,674) (24,961,419)
11.020 Property Tax - Renewal or Replacement 4,195,215 8,390,392 8,390,311
11.300 Cumulative Balance of Replacement/Renewal Levies 4,195,215 12,585,607 20,975,918
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 10,782,864 8,368,438 8,145,978 7,371,026 5,846,318 4,008,431 445,933 (3,985,501)
15.010 Unreserved Fund Balance June 30 10,782,864 8,368,438 8,145,978 7,371,026 5,846,318 4,008,431 445,933 (3,985,501)
 
 
Notes to the Five Year Forecast
 
 
Please visit the Ohio Department of Education web site at
ftp://ftp.ode.state.oh.geodoc/5-yrForecast/

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