Mason Five Year Forecast for Fiscal Year 2020

District Type: City
IRN: 050450
County: Warren
Date Submitted: 11/8/2019 Date Processed: 11/10/2019
 
Actual Forecasted
Line 2017 2018 2019 2020 2021 2022 2023 2024
1.010 General Property (Real Estate) 51,510,036 54,515,165 52,518,887 55,084,543 56,307,944 57,096,690 57,821,587 58,430,286
1.020 Tangible Personal Property Tax 2,564,216 2,703,875 2,914,147 3,092,551 3,244,127 3,406,333 3,576,650 3,755,482
1.035 Unrestricted Grants-in-Aid 35,298,656 35,456,869 35,425,524 35,438,491 35,435,891 35,433,291 35,430,691 35,428,091
1.040 Restricted Grants-in-Aid 244,548 262,371 276,553 274,686 274,686 274,686 274,686 274,686
1.050 Property Tax Allocation 9,928,850 8,996,576 8,107,646 7,031,447 6,797,413 6,898,235 6,990,051 7,065,620
1.060 All Other Operating Revenue 3,420,595 3,609,175 4,059,755 6,524,850 3,524,850 3,424,850 3,324,850 3,224,850
1.070 Total Revenue 102,966,901 105,544,031 103,302,512 107,446,568 105,584,911 106,534,085 107,418,515 108,179,015
2.050 Advances-In 2,275,905 1,980,551 4,869,776 750,000 750,000 750,000 750,000 750,000
2.060 All Other Financial Sources 26,630 20,140 595,449 75,000 75,000 75,000 75,000 75,000
2.070 Total Other Financing Sources 2,302,535 2,000,691 5,465,225 825,000 825,000 825,000 825,000 825,000
2.080 Total Revenues and Other Financing Sources 105,269,436 107,544,722 108,767,737 108,271,568 106,409,911 107,359,085 108,243,515 109,004,015
3.010 Personnel Services 61,382,177 64,400,089 66,555,358 71,772,547 72,577,668 75,829,215 78,898,843 81,918,980
3.020 Employees' Retirement/Insurance Benefits 25,173,419 26,045,715 27,075,586 28,791,535 29,740,241 31,093,425 32,454,883 33,849,609
3.030 Purchased Services 10,386,943 11,227,145 12,764,793 13,081,572 13,283,089 13,594,868 13,917,313 14,250,844
3.040 Supplies and Materials 2,910,287 2,759,859 3,115,734 3,169,700 3,224,711 3,280,787 3,337,950 3,396,223
3.050 Capital Outlay 19,352 3,094 1,700
4.300 Other Objects 1,072,970 1,110,482 1,018,135 1,065,531 1,074,400 1,083,381 1,092,475 1,101,685
4.500 Total Expenditures 100,945,148 105,546,384 110,531,306 117,880,885 119,900,109 124,881,676 129,701,464 134,517,341
5.010 Operational Transfers - Out 2,690,407 2,900,000
5.020 Advances - Out 1,980,551 3,169,776 2,423,581 750,000 750,000 750,000 750,000 750,000
5.030 All Other Financing Uses 134
5.040 Total Other Financing Uses 1,980,685 3,169,776 5,113,988 3,650,000 750,000 750,000 750,000 750,000
5.050 Total Expenditure and Other Financing Uses 102,925,833 108,716,160 115,645,294 121,530,885 120,650,109 125,631,676 130,451,464 135,267,341
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 2,343,603 (1,171,438) (6,877,557) (13,259,317) (14,240,198) (18,272,591) (22,207,949) (26,263,326)
7.010 Beginning Cash Balance 38,866,717 41,210,320 40,038,882 33,161,325 19,902,008 5,661,810 (12,610,781) (34,818,730)
7.020 Ending Cash Balance 41,210,320 40,038,882 33,161,325 19,902,008 5,661,810 (12,610,781) (34,818,730) (61,082,056)
8.010 Outstanding Encumbrances 380,644 541,873 700,114 600,000 600,000 600,000 600,000 600,000
10.010 Fund Balance June 30 for Certification of Appropriations 40,829,676 39,497,009 32,461,211 19,302,008 5,061,810 (13,210,781) (35,418,730) (61,682,056)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 40,829,676 39,497,009 32,461,211 19,302,008 5,061,810 (13,210,781) (35,418,730) (61,682,056)
15.010 Unreserved Fund Balance June 30 40,829,676 39,497,009 32,461,211 19,302,008 5,061,810 (13,210,781) (35,418,730) (61,682,056)
 
 
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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