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/

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