Springboro Community Five Year Forecast for Fiscal Year 2018

District Type: City
IRN: 050427
County: Warren
Date Submitted: 10/17/2017 Date Processed: 10/18/2017
 
Actual Forecasted
Line 2015 2016 2017 2018 2019 2020 2021 2022
1.010 General Property (Real Estate) 23,273,806 24,311,920 25,387,526 25,333,881 22,519,005 19,785,585 20,204,993 21,309,126
1.020 Tangible Personal Property Tax 3,750,738 3,698,924 4,243,735 5,048,256 4,703,217 4,381,378 4,447,099 4,513,805
1.035 Unrestricted Grants-in-Aid 13,400,138 14,829,983 15,833,702 16,241,864 16,703,111 16,705,038 16,716,914 16,715,188
1.040 Restricted Grants-in-Aid 327,820 5,644 8,297 8,601 8,889 9,054 9,100 9,094
1.050 Property Tax Allocation 3,472,907 3,568,448 3,619,250 3,668,994 3,244,619 2,845,235 2,905,979 3,073,759
1.060 All Other Operating Revenue 1,084,814 1,189,726 1,084,022 1,447,354 1,469,641 1,492,374 1,515,562 1,539,213
1.070 Total Revenue 45,310,223 47,604,645 50,176,532 51,748,950 48,648,481 45,218,664 45,799,647 47,160,185
2.060 All Other Financial Sources 110,544 59,702 50,478 153,398 10,000 10,000 10,000 10,000
2.070 Total Other Financing Sources 110,544 59,702 50,478 153,398 10,000 10,000 10,000 10,000
2.080 Total Revenues and Other Financing Sources 45,420,767 47,664,347 50,227,010 51,902,348 48,658,481 45,228,664 45,809,647 47,170,185
3.010 Personnel Services 25,433,907 25,994,569 27,425,509 29,033,242 29,959,080 31,087,354 32,258,119 33,472,976
3.020 Employees' Retirement/Insurance Benefits 9,413,623 9,567,447 9,389,402 9,694,407 10,122,428 10,685,361 11,285,580 11,925,777
3.030 Purchased Services 7,296,366 6,908,036 8,041,312 8,545,769 8,947,818 9,250,850 9,564,330 9,888,644
3.040 Supplies and Materials 2,370,193 2,087,422 1,973,745 2,313,637 2,156,828 2,795,165 2,534,270 2,529,156
3.050 Capital Outlay 1,701,648 859,285 1,064,672 1,029,000 1,134,140 930,423 947,031 963,972
4.010 Debt Service: All Principal (Historical) 430,000 625,000 639,000
4.055 Debt Service: Principal - Other 530,000 326,000 337,000 342,000 291,000
4.060 Debt Service: Interest and Fiscal Charges 211,470 296,225 274,124 246,802 241,701 224,000 211,758 198,689
4.300 Other Objects 601,744 605,890 612,947 619,076 625,267 631,520 637,835 644,213
4.500 Total Expenditures 47,458,951 46,943,874 49,420,711 52,011,933 53,513,262 55,941,673 57,780,923 59,914,428
5.010 Operational Transfers - Out 376,242 939,213 371,840
5.020 Advances - Out 3,720
5.040 Total Other Financing Uses 376,242 942,933 371,840
5.050 Total Expenditure and Other Financing Uses 47,835,193 47,886,807 49,792,551 52,011,933 53,513,262 55,941,673 57,780,923 59,914,428
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing (2,414,426) (222,460) 434,459 (109,585) (4,854,781) (10,713,009) (11,971,276) (12,744,243)
7.010 Beginning Cash Balance 10,782,864 8,368,438 8,145,978 8,580,437 8,470,852 3,616,071 (7,096,938) (19,068,214)
7.020 Ending Cash Balance 8,368,438 8,145,978 8,580,437 8,470,852 3,616,071 (7,096,938) (19,068,214) (31,812,457)
10.010 Fund Balance June 30 for Certification of Appropriations 8,368,438 8,145,978 8,580,437 8,470,852 3,616,071 (7,096,938) (19,068,214) (31,812,457)
11.020 Property Tax - Renewal or Replacement 4,205,839 8,411,655 8,411,604 8,411,169
11.300 Cumulative Balance of Replacement/Renewal Levies 4,205,839 12,617,494 21,029,098 29,440,267
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 8,368,438 8,145,978 8,580,437 8,470,852 7,821,910 5,520,556 1,960,884 (2,372,190)
13.020 Property Tax - New 84,012 253,959 427,647
13.030 Cumulative Balance of New Levies 84,012 337,971 765,618
15.010 Unreserved Fund Balance June 30 8,368,438 8,145,978 8,580,437 8,470,852 7,821,910 5,604,568 2,298,855 (1,606,572)
 
 
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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