Northwestern Five Year Forecast for Fiscal Year 2019

District Type: Local
IRN: 050575
County: Wayne
Date Submitted: 10/24/2018 Date Processed: 10/24/2018
 
Actual Forecasted
Line 2016 2017 2018 2019 2020 2021 2022 2023
1.010 General Property (Real Estate) 2,861,053 3,158,046 2,885,053 2,997,401 3,129,241 3,266,879 3,410,572 3,560,585
1.020 Tangible Personal Property Tax 18,439 2,167
1.030 Income Tax 1,953,612 2,047,741 2,175,519 2,240,785 2,319,212 2,400,385 2,484,398 2,571,352
1.035 Unrestricted Grants-in-Aid 7,035,326 7,227,404 7,220,377 7,220,377 7,220,377 7,220,377 7,220,377 7,220,377
1.050 Property Tax Allocation 417,806 422,453 418,729 426,587 434,593 442,750 451,059 459,524
1.060 All Other Operating Revenue 1,547,927 1,829,457 1,838,686 1,891,740 1,965,407 2,081,592 2,162,652 2,225,054
1.070 Total Revenue 13,834,163 14,687,268 14,538,363 14,776,890 15,068,830 15,411,983 15,729,058 16,036,893
2.050 Advances-In 72,975 14,530
2.060 All Other Financial Sources 949
2.070 Total Other Financing Sources 73,924 14,530
2.080 Total Revenues and Other Financing Sources 13,908,087 14,701,798 14,538,363 14,776,890 15,068,830 15,411,983 15,729,058 16,036,893
3.010 Personnel Services 7,561,678 7,854,396 8,220,407 8,302,611 8,385,637 8,469,493 8,554,188 8,639,730
3.020 Employees' Retirement/Insurance Benefits 3,533,626 3,875,282 3,949,204 4,107,173 4,271,459 4,420,961 4,553,589 4,644,661
3.030 Purchased Services 1,824,033 2,276,344 1,830,942 1,849,251 1,867,744 1,886,421 1,905,285 1,924,338
3.040 Supplies and Materials 594,756 584,218 613,273 619,406 625,600 625,600 625,600 625,600
3.050 Capital Outlay 204,134 319,181 169,173 275,712 299,441 333,528 359,407 367,452
4.300 Other Objects 100,695 92,816 45,779 46,237 46,699 47,166 47,638 48,114
4.500 Total Expenditures 13,818,922 15,002,237 14,828,778 15,200,389 15,496,581 15,783,169 16,045,708 16,249,896
5.010 Operational Transfers - Out 40,896 190,149 89,035
5.020 Advances - Out 14,530 82,013
5.040 Total Other Financing Uses 55,426 272,162 89,035
5.050 Total Expenditure and Other Financing Uses 13,874,348 15,274,399 14,917,813 15,200,389 15,496,581 15,783,169 16,045,708 16,249,896
6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing 33,739 (572,601) (379,450) (423,500) (427,750) (371,187) (316,650) (213,003)
7.010 Beginning Cash Balance 2,614,757 2,648,496 2,075,895 1,696,446 1,272,946 845,196 474,009 157,359
7.020 Ending Cash Balance 2,648,496 2,075,895 1,696,446 1,272,946 845,196 474,009 157,359 (55,644)
8.010 Outstanding Encumbrances 322,826 325,982 331,579
9.030 Budget Reserve 200,000 200,000 200,000
9.080 Total Reservations 200,000 200,000 200,000
10.010 Fund Balance June 30 for Certification of Appropriations 2,125,670 1,549,913 1,164,867 1,272,946 845,196 474,009 157,359 (55,644)
12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations 2,125,670 1,549,913 1,164,867 1,272,946 845,196 474,009 157,359 (55,644)
15.010 Unreserved Fund Balance June 30 2,125,670 1,549,913 1,164,867 1,272,946 845,196 474,009 157,359 (55,644)
 
 
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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