Brunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data)
|
|
- Bertina Poole
- 5 years ago
- Views:
Transcription
1 Brunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data) Prepared by the Office of the Treasurer/CFO 3643 Center Road Brunswick, Ohio Version 2 (May 2017)
2 Revenue General Property Tax (Line 1.010) has been calculated with a rise in total assessed valuation for our district FY The Auditor s last reappraisal occurred in 2014 and we realized a net decline as real estate values decreased about 5.0% in Medina County; this is due to the down turn in the market. The County conducted the triennial update in 2016 and provided preliminary estimates to the District. While tax values may rise/decrease in future years, the result will depend largely on the strength of the Medina County real estate market and the County Auditor s subsequent assessments. Emergency Levy I was originally passed in November 1992 for a five year period for 5.91 mills and it generates $2.02 million per year. It has been renewed four times and in March of 2012 was renewed for an eight year period and it will expire in December It is currently collected at 2.2 mills. Emergency Levy II was originally passed in November 1994 for a five year period for 7.82 mills and it generates $3.4 million per year. It has been renewed three times and in May of 2009 and 2016 was renewed for an eight year period. It will expire in December It is currently collected at 3.4 mills. Emergency Levy III was originally passed in May 2004 for a five year period for 6.7 mills and it generates $5.78 million per year. It has been renewed twice and in May of 2014 was renewed for an eight year period and it will expire in December It is currently collected at 6.1 mills. Emergency Levy IV was originally passed in May 2006 for a five year period for 4.9 mills and it generates approximately $4.67 million per year. It has been renewed once in November of 2010 for a seven year period and it will expire in December It is currently collected at 4.9 mills. Non-municipal owned electric utilities and rural co-ops are now deregulated in the State of Ohio. All other electric company personal property will be reduced from 100% assessed valuation to 25%. Effective May 1, 2001, a kilowatt-hour (kwh) tax has been collected, 37.8% of these new dollars are being deposited into the Property Tax Replacement Fund (PTRF). The monies in the PTRF are being paid to school districts that lost revenue. In 2005 the Public Utility Tangible Valuation was $15.1 million. In 2014 the assessed value was re-adjusted to $16.2 million. Tangible Personal Property Tax (Line 1.020) (Class IV) affirms that the assessed valuation for Personal Property has been eliminated. The State planned to reimburse the district for losses incurred above and beyond the change in the assessment rates due to AMSubHB 95. The cumulative loss of this action is $6.7 million from FY 2012 through FY However, the district receives a small reimbursement on its fixed sum levies. Forecast FY 2017 V2 Page 1
3 Assessment Percentages on Tangible Property Tax Year This chart is included for historical perspective. Tax Year Inventory 23.00% 18.75% 12.50% 6.25% 0.00% 0.00% 0.00% Machinery & Equipment 25.00% 18.75% 12.50% 6.25% 0.00% 0.00% 0.00% Telephone Company (post 1995) Telephone Company Legacy 25.00% 25.00% 20.00% 15.00% 10.00% 5.00% 0.00% 67.00% 46.00% 20.00% 15.00% 10.00% 5.00% 0.00% Revenue (continued) Unrestricted Grants in Aid (Line 1.035) are projected for FY 2017 based upon current State Foundation Funding (SFPR) data and no additional legislative changes due to the DeRolph funding decision. In fiscal year 2015, the School District received just over $25 million of school foundation support (Basic Aid) in the general fund. This aid comprised approximately 37% of our operating revenue. The estimate also reflects the Governor s most recent changes to Basic Education funding. These changes have adjusted the basic aid amount, added Targeted Assistance, K-3 Literacy, and other pupil-teacher based reimbursements. The State anticipates additional revenue to school districts with the Casino Tax; the 33% tax netted us about $21 per pupil in FY 2013 and approximately $52 per pupil in FY This equates to $159K in FY 2013 and $384K in FY 2016 and beyond. (Assumptions made are that all Casinos will continue to generate a steady stream of revenue for the State and local governmental entities.) Restricted Grants in Aid (Line 1.040) is for Career Tech funding and bus purchase reimbursements (funding currently eliminated). Any future increases in State Aid are estimated due to increased enrollment. Funding is negligible and projected at $119k per annum FY 2017 through FY Note: The formula calculations and projections for State funding have been finalized for FY 2016 and FY State Funding for schools is based on several factors all of which are subject to future legislative action. School Funding beyond fiscal year 2017 will be set as part of the State s biennial budget for fiscal years 2018 and As mentioned previously, due to recent economic conditions within the State and the anticipated change in tax revenues in the next bi-annual budget, the level at which the State will fund schools is uncertain. Funding is estimated based upon the most recent information from the Legislative Service Commission (LSC). Federal Restricted Grants in Aid (Line 1.045) is for Federal revenue. Historically, this short lived (FY 2010 & FY 2011) revenue stream was a result of the American Recovery and Reinvestment Act (ARRA) and flowed through the State as the School Foundation Stabilization Fund (SFSF). The federal government had subsidized basic aid so the revenue was recorded in Fund 532 but remained a component of the General Fund for the SM-1 & the Five-Year Forecast. The Federal Government has also provided an Education Jobs Fund 504 for FY Currently we only record and receive Federal Medicaid reimbursements in this line item (FY FY2021). Property Tax Allocation (Line 1.050) contains three revenue components for FY 2017 through FY The first, Rollback, is a mathematical calculation and function of Class I and Class II Real Estate tax collections. The second component was revenue from the Property Tax Replacement Fund (PTRF) that has since expired for Fixed Rate Levies. Note: Property Tax Rollback reimbursement is set to be discontinued as is the Homestead Exemption for all NEW levies effective November, Forecast FY 2017 V2 Page 2
4 Revenue (continued) The elimination of Rollback & Homestead does NOT impact our revenue stream, it only means that the taxpayer (homeowner) now will pay 100% of any new levy (i.e. will not receive 12.5% credit). The final component is generated from the Personal Property Tax (PPT) reimbursement mechanism as required under the provisions of ORC The revenue from PPT reimbursement is generated from the Commercial Activity Tax (CAT) a product of HB 66. Due to the economic downturn the CAT is producing less revenue than anticipated by the State and shall result in a reduction of the PPT reimbursement and eventually a total elimination in FY 2020 and beyond for Fixed Sum Levies. All Other Revenues (Line 1.060) consist of several components including revenue from tuition, student fees, interest income, rental income, and transportation fees. All components remain relatively constant in this projection. We cannot forget to mention the negative impact of HB 920 on our revenue stream (mitigates inflationary growth) and the need to continually go back to the voters for additional funds. Note: Revenue calculations anticipate the renewal of all expiring emergency levies. Expenditures Personal Services (Line 3.010) are estimated to increase to account for the respective experience credit provided to our certified and classified staff and incorporate wage adjustments negotiated with our collective staff thru The step increases for certificated staff are approximately 2.3% and the steps for classified staff are about 2.1% per year. Incremental steps are included for FY , and an increase on the base is estimated for FY Special Note: The State reversed its previously mandated all-day kindergarten (ADK) for FY 2011; The District was provided a waiver for FY 2011 but had to increase the number of classrooms available for instruction and added teaching staff for FY 2012 ( school year) to accommodate ADK programming. Fringe Benefits (Line 3.020) costs are a function of Personal Services (wages) and are approximately 18% of the total annual expense for personnel. Employee benefits were then factored in to accelerate at the same rate, except for medical benefits. We anticipate an increase of 10% in FY 2018 and 8-9% in subsequent years due to rising medical and prescription drug costs. This compounding increase in cost will continue unless there is a change in the medical plan design or additional cost sharing from district employees. Note: Due to a change in the negotiated agreements severance pay is no longer a salary item and the expenditure is moved to the fringe benefit category and becomes a Tax Deferred Benefit. Purchased Services (Line 3.030) increased over 8% in FY 2016 primarily due to an anticipated increase in Special Education Service Contracts, Tuition to other Districts and the State deduction (payment) for Community Schools. The estimate for FY 2017 is just under $6m with a 1-2% annual growth factor in subsequent years. Reduction to anticipated utility (gas & electric) charges was a direct result of recently initiated cost saving measures and utility usage monitoring. Supplies and Materials (Line 3.040) are set to increase approximately 2% for this year. In FY 2018 through FY 2021, the district plans to expend $500K-$750K per year for classroom textbooks and software/technology related materials. We anticipate approximately spending $1.8m in FY 2018 with an annual growth factor of 2% in subsequent years. The cost of bus and vehicle fuel will continue to impact this line item. Forecast FY 2017 V2 Page 3
5 Expenditures (continued) The Capital Outlay (Line 3.050) and the departmental equipment budgets have been relatively frozen as management has decided to address most of this need from the Permanent Improvement Fund (003). The district derives such funds from an allocation of inside millage of 1.25 mills. The budget for General Fund capital outlay is stabilized at approximately $280K per year from FY 2017 through FY Some of the district s Capital Expenditures, including textbooks, technology, and buses will be augmented through the Medina County Sales Tax. This unique funding opportunity provides approximately $3-3.5 million per year for capital needs; however, almost $1.6 million is committed for debt service for the recent $24 million construction & renovation project. The Board of Education promised the Brunswick citizens to rescind the previously passed Permanent Improvement Levy (November 2006) thus reducing its revenues by approximately $700K per annum. This action equates to an approximate reduction of 7/10ths of one mill on the tax duplicate. (Mentioned for historic purposes only) General Obligation Debt Service (Lines ) The district had an unvoted debt issue as permitted by the Ohio Revised Code (ORC) that has approximately $143,717 in outstanding principal that will be fully paid by The District does not anticipate issuing any short term notes for General Fund debt obligations during the next few years. Other Expenditures (Line 4.300) are projected to increase at 2% per year FY 2018 through FY 2021; however, this line item may be adjusted to reflect changes in County Treasurer and Auditor Fees. Operating Transfers (Line 5.010) N/A. Advances (Line 5.020) were $10,059 last year and estimated at $170,000 per year from FY 2017 until FY The district has reinstituted the practice of advancing money to food service, and respective federal and state grants if their funds are not in the process of collection. Summary This financial forecast presents, to the best of the Chief Financial Officer s knowledge and belief, the s expected financial position as of May15, The assumptions disclosed herein are those that the CFO believes are relevant and significant to the forecast. There will be differences between the forecasted and actual results as events and circumstances frequently do not occur as expected and those differences may be material. Actions by the legislature, Ohio Board of Taxation, the Ohio Supreme Court, and other governmental bodies may also impact projections and the results of such actions could seriously alter the accuracy of this document. Respectfully submitted, Mark c Pepera CFO/Treasurer Forecast FY 2017 V2 Page 4
6 Five Year Forecast - FY 2017 (Version 2) Actual Actual Actual Estimated Estimated Estimated Estimated Estimated Fiscal Years Ended June 30, Line # Local, State, & Federal Revenues General Property Tax (Real Estate) 32,757,150 32,768,504 33,406,320 34,669,234 35,052,004 32,997,030 31,137,998 30,599, Tangible Personal Property Tax 941,812 1,032,656 1,097,092 1,156,971 1,203,701 1,231,116 1,256,966 1,281, Income Tax Unrestricted Grants-in-Aid 22,793,493 25,755,469 27,417,848 27,671,308 28,171,308 28,216,308 28,216,308 28,216, Restricted Grants-in-Aid 26,072 16, , , , , , , Federal Restricted Grants-in-Aid (SFSF) 109,877 85, , , , , , , Property Tax Allocation 5,511,346 5,192,461 5,185,608 5,319,838 5,305,772 5,327,129 5,348,835 5,343, All Other Revenues 1,270,737 1,172,265 1,303,067 1,175,000 1,200,000 1,200,000 1,200,000 1,200, Total Local, State, & Federal Revenues 63,412,501 66,022,997 68,693,737 70,251,350 71,211,785 69,250,583 67,439,107 66,919,171 Line # Other Financing Sources Proceeds from Sale of Notes State Emergency Loans and Advancements (Approved) Operating Transfers-In Advances-In 879, , ,046 30, , , , , All Other Financing Sources ,372 17,461 28,000 25,000 25,000 25,000 25, Total Other Financing Sources 879,750 1,292, ,507 58, , , , , Total Revenues and Other Financing Sources 64,292,251 67,315,169 68,817,244 70,309,350 71,386,785 69,425,583 67,614,107 67,094,171 Line # Expenditures Personal Services 40,684,138 40,330,955 39,926,159 41,491,515 43,087,303 44,714,115 45,583,554 46,469, Employees' Retirement/Insurance Benefits 15,786,286 15,995,268 16,185,654 17,056,237 18,021,522 19,172,759 20,310,051 21,529, Purchased Services 5,265,986 5,614,853 6,084,102 5,960,000 6,120,600 6,181,806 6,243,624 6,306, Supplies and Materials 2,263,616 1,859,192 1,717,737 1,750,000 1,836,000 1,872,720 1,910,174 1,948, Capital Outlay 154,735 59, , , , , , , Intergovernmental Line # Debt Service: Principal-All (Historical Only) Principal-Notes Principal-State Loans Principal-State Advancements Principal-HB 264 Loans Principal-Other 60,865 63,817 66,912 70,157 73, Interest and Fiscal Charges 16,263 13,311 10,216 6,971 3, Other Objects 1,133, , , , , , , , Total Expenditures 65,365,155 64,721,263 65,661,755 67,514,880 70,340,553 73,157,400 75,281,403 77,506,728 Line # Other Financing Uses Operating Transfers-Out 385, Advances-Out 420, ,787 10, , , , , , All Other Financing Uses Total Other Financing Uses 805, ,787 10, , , , , , Total Expenditures and Other Financing Uses 66,170,955 64,829,050 65,671,814 67,684,880 70,510,553 73,327,400 75,451,403 77,676,728 Five Year Forecast FY 2017 V2 Exhibit 1 BOE Meeting
7 Five Year Forecast - FY 2017 (Version 2) Actual Actual Actual Estimated Estimated Estimated Estimated Estimated Fiscal Years Ended June 30, Excess of Revenues and Other Financing Sources over (under) Expenditures and Other Financing Uses -1,878,704 2,486,119 3,145,430 2,624, ,232-3,901,817-7,837,296-10,582, Cash Balance July 1 - Excluding Proposed Renewal/Replacement and New Levies 4,080,693 2,201,989 4,688,108 7,833,538 10,458,008 11,334,240 7,432, , Cash Balance June 30 2,201,989 4,688,108 7,833,538 10,458,008 11,334,240 7,432, ,873-10,987, Encumbrances June ,192 1,588, , , , , , ,000 Line # Reservation of Fund Balance Textbooks and Instructional Materials Capital Improvements Budget Reserve DPIA Debt Service Property Tax Advances Bus Purchases Subtotal Fund Balance June 30 for Certification of Appropriations 1,313,797 3,099,518 6,973,306 9,508,008 10,384,240 6,482,423-1,354,873-11,937,430 Line # Revenue from Replacement/Renewal Levies Income Tax - Renewal Property Tax - Renewal or Replacement ,335,500 4,671,000 5,681, Cumulative Balance of Replacement/Renewal Levies ,335,500 7,006,500 12,688, Fund Balance June 30 for Certification of Contracts 1,313,797 3,099,518 6,973,306 9,508,008 10,384,240 8,817,923 5,651, ,570 Line # Revenue from New Levies Income Tax - New Property Tax - New Cumulative Balance of New Levies Revenue from Future State Advancements Unreserved Fund Balance June 30 1,313,797 3,099,518 6,973,306 9,508,008 10,384,240 8,817,923 5,651, ,570 Five Year Forecast FY 2017 V2 Exhibit 1 BOE Meeting
Brunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data)
Brunswick City School District Five Year Financial Forecast Fiscal Year 2017 to Fiscal Year 2021 (Including Historical Data) Prepared by the Office of the Treasurer/CFO Brunswick City School District 3643
More informationCash Balance June 30 15,940,136 15,271,647 13,479,243 12,241,640 11,698,295 10,837,831 9,756,394 8,379,673
Whitehall City School District Schedule Of Revenue, Expenditures and Changes In Fund Balances Actual and Forecasted Operating Fund ACTUAL FORECASTED Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal
More informationHilliard City School District
Hilliard City School District Five-Year Forecast For the Projected Years Ending June 30, 2018 through June 30, 2022 October 2017 Please visit the Ohio Department of Education website at ftp://ftp.ode.state.oh.us/geodoc/5-yrforecast/.
More informationChange
CLEARVIEW LOCAL SCHOOL DISTRICT Lorain County Schedule of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Years Ended June 30, 2015, 2016, and 2017 Actual Forecasted Fiscal Years Ending
More informationLANCASTER CITY SCHOOL DISTRICT - - FAIRFIELD COUNTY IRN:
LANCASTER CITY SCHOOL DISTRICT - - FAIRFIELD COUNTY IRN: 44206 Schedule of Revenues, Expenditures and Changes in Fund Balances ACTUAL AND FORECASTED OPERATING FUND Actual Forecasted Fiscal Year Fiscal
More information7.020 Cash Balance June 30 3,709,735 4,692,492 5,469, % 5,455,806 5,183,533 4,810,736 4,205,146 3,345,106
Ripley-Union-Lewis-Huntington S.D. Brown County Schedule of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Years Ended June 30, 2015, 2016 and 2017 Actual; Forecasted Fiscal Years Ending
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2018 Kevin Hawley, CFO 1 Table of Contents Table of Contents 2 Forecast Summary 3 Revenue Sources and Forecast Year-Over-Year Overview 4 1.010 - General Property
More informationSpringboro Community City School District
Springboro Community City School District Updated Financial Forecast Summary & Report November 2014 Terrah Floyd, CFO tfloyd@springboro.org Forecast Purpose This forecast is intended to assist the school
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2017 Brett Griffith, CFO 1 Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 General Property Tax (Real Estate) 5 1.020
More informationTipp City Exempted Village Schools. Miami County
Tipp City Exempted Village Schools Miami County Assumptions for Five-Year Financial Forecast Projected Fiscal years June 30, 2014 through June 30, 2018 Forecast provided by: Tipp City Exempted Village
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2018 Terrah Floyd, Interim CFO 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real Estate) 5
More informationLoveland City Schools
Financial Report Five Year Forecast Update May, 2016 Public Finance Resources, 2015 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real
More informationFive Year Forecast Financial Report
LOGO CLARK SHAWNEE LOCAL SCHOOL DISTRICT CLARK COUNTY Five Year Forecast Financial Report October, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General
More informationMarietta City School District Assumptions for October year Forecast
Marietta City School District Assumptions for October 2018 5 year Forecast Marietta City School District is articulating to users of forecasts that assumptions are the basis of any forecast. An assumption
More informationFive Year Forecast Financial Report
RIVER VALLEY LOCAL SCHOOL DISTRICT MARION COUNTY Five Year Forecast Financial Report May, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property
More informationFive Year Forecast Financial Report
May, 2018 RIVERSIDE LOCAL SCHOOL DISTRICT - - LAKE COUNTY Five Year Forecast Financial Report 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property
More informationFIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2014 through 2018
FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2014 through 2018 October 19, 2013 The mission of the Dayton City Schools is to provide a high-quality education
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 Greg Slemons, CPA Chief Financial Officer 1 Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 General Property
More informationSpringboro Community City School District
Springboro Community City School District Financial Forecast Summary & Report May 29, 2014 Terrah Floyd, CFO tfloyd@springboro.org 1 Forecast Purpose This forecast is intended to assist the school district
More informationMiami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2013 through 2017
Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2013 through 2017 May 13, 2013 General The Ohio Constitution assigns the state the responsibility
More informationBellefontaine City School District. Fiscal Year Five Year Forecast
Bellefontaine City School District Fiscal Year 2018 Five Year Forecast Adopted May 21, 2018 Compiled By: Keith E. Krieger, Treasurer/CFO PURPOSE OF THE FORECAST BELLEFONTAINE CITY SCHOOL DISTRICT The five-year
More informationHUDSON CITY SCHOOLS FINANCIAL REPORT. October 2014 Five-Year Forecast Update KATHRYN L. SINES TREASURER / CFO.
HUDSON CITY SCHOOLS FINANCIAL REPORT October 2014 Five-Year Forecast Update KATHRYN L. SINES TREASURER / CFO www.sinesk@hudson.edu 1 Forecast Purpose This forecast is intended to assist the school district
More informationThe property tax is the predominant method communities use to raise additional revenues in Ohio. The property tax comes in two forms:
INTRODUCTION The cost to educate young people across the state is significant and those costs continue to rise. More Ohio tax dollars are spent for primary and secondary education than for any other single
More informationNorthwest Local School District (Hamilton County) 5-Year Forecast Assumptions May 11, 2015
Northwest Local School District (Hamilton County) 5-Year Forecast Assumptions May 11, 2015 Disclaimers The 5-year forecast for Northwest Local School District (Hamilton County) is derived from the last
More informationBerea City School District
Financial Report Five Year Forecast May, 2018 Public Finance Resources, 2015 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real Estate)
More informationCloverleaf Local School District Five-Year Financial Forecast
Cloverleaf Local School District Five-Year Financial Forecast Jason Myers President Michael Maloney Vice President Jane Rych Board Member Jim Curran Board Member Bill Schmock Board Member James Hudson
More informationFive Year Forecast Financial Report
LOGO SOUTHERN LOCAL SCHOOL DISTRICT - - MEIGS COUNTY Five Year Forecast Financial Report May, 2018 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General
More informationXENIA COMMUNITY CITY SCHOOL DISTRICT-GREENE COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE
XENIA COMMUNITY CITY SCHOOL DISTRICT-GREENE COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2014, 2015 and 2016 ACTUAL FORECASTED FISCAL YEARS
More informationShaker Heights City Schools
Exhibit T-3 As Approved by Board of Education 5/10/2016 Insert Logo Shaker Heights City Schools Financial Report Five Year Forecast May, 2016 Public Finance Resources, 2015 1 Shaker Heights City Schools
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 Mark Astorino, Treasurer/CFO 1 Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 General Property Tax (Real Estate)
More informationFive Year Forecast Financial Report
LOGO Springboro Community City Schools Five Year Forecast Financial Report May, 2017 Terrah Floyd, CFO 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2016 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real Estate) 5 1.020 Public Utility Personal
More informationFive Year Forecast Financial Report
Exhibit T-2 As approved by Board of Education 10/09/18 LOGO Shaker Heights City Schools Five Year Forecast Financial Report October, 2018 1 Public Finance Resources, Inc. 2016 Shaker Heights City Schools
More informationNORTHRIDGE LOCAL SCHOOL DISTRICT - LICKING COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED ACTUAL
NORTHRIDGE LOCAL SCHOOL DISTRICT - LICKING COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED ACTUAL JUNE 30, 2015, 2016, and 2017 FORECASTED FISCAL YEARS
More informationSummary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2018 through 2022
ONTARIO LOCAL SCHOOL DISTRICT RICHLAND COUNTY 1 Summary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2018 through 2022 Note 1 - Nature and Limitations
More informationPaint Valley Local School District
Paint Valley Local School District Financial Forecast Summary & Report May 5, 2016 Kristin O Dell, Treasurer Paint Valley Local Schools (kristin.odell@pvlsd.org) 1 Forecast Purpose This forecast is intended
More informationMiami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS. For the Fiscal Years Ending June 30, 2012 through 2016
Miami County, Ohio FIVE-YEAR FINANCIAL FORECAST NOTES AND ASSUMPTIONS For the Fiscal Years Ending June 30, 2012 through 2016 April 9, 2012 General The Ohio Constitution assigns the state the responsibility
More informationMOHAWK LOCAL SCHOOL DISTRICT Wyandot COUNTY, OHIO IRN #050740
MOHAWK LOCAL SCHOOL DISTRICT Wyandot COUNTY, OHIO IRN #050740 605 State Highway 231 Sycamore, Ohio 44882 FIVE YEAR FINANCIAL FORECAST FISCAL 2012-2016 Prepared by Treasurer, Roy B. Swartz, CPA October
More informationFive Year Forecast Financial Report
BRECKSVILLE-BROADVIEW HEIGHTS CITY SCHOOL DISTRICT - - CUYAHOGA COUNTY Five Year Forecast Financial Report October, 2018 Jeff Hall, CFO 1 Table of Contents Table of Contents 2 Forecast Summary 3 Revenue
More informationEASTWOOD LOCAL SCHOOL DISTRICT
EASTWOOD LOCAL SCHOOL DISTRICT Five Year Forecast Notes and Assumptions May 15, 2017 HOME OF THE EAGLES REVENUE ASSUMPTIONS School districts operate from three sources of tax revenue: Local Property Taxes,
More informationPublic School Finance 101
Public School Finance 101 FREQUENTLY ASKED QUESTIONS When were new operating tax levies passed in the Eastwood district? Continuing Operating Property Tax Levies were passed by district voters in 1976,
More informationMARYSVILLE EXEMPTED VILLAGE SCHOOL DISTRICT- UNION COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED
MARYSVILLE EXEMPTED VILLAGE SCHOOL DISTRICT- UNION COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2014, 2015 and 2016 ACTUAL FORECASTED FISCAL
More informationSummary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2013 through 2017
ONTARIO LOCAL SCHOOL DISTRICT RICHLAND COUNTY 1 Summary of Significant Forecast Assumptions and Accounting Policies For the Fiscal Years Ending June 30, 2013 through 2017 Note 1 - Nature and Limitations
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property Tax (Real Estate) 5 1.020 Public Utility Personal
More informationForecast Provided By Newark City School District Treasurer's Office Julio Valladares, MBA, Treasurer/CFO
Newark City School District Licking County SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2015, 2016 and 2017 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2016 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property Tax (Real Estate) 5 1.020 - Public Utility
More informationPaint Valley Local School District
Paint Valley Local School District Financial Forecast Summary & Report October 2014 Kristin O Dell, CFO Paint Valley Local Schools Kristin.odell@pvlsd.org 1 Forecast Purpose This forecast is intended to
More informationMiami Trace Local School District Fayette County Actual Forecasted Revenues Other Financing Sources Expenditures Other Financing Uses
Miami Trace Local School District Fayette County Schedule of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Years Ended June 30, 2015, 2016 and 2017 Actual; Forecasted Fiscal Years
More informationEnclosure C-1-c. May 9, 2016
Enclosure C-1-c May 9, 2016 WORTHINGTON CITY SCHOOL DISTRICT-FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013, 2014 and 2015 ACTUAL
More informationFive Year Forecast Financial Report
May, 2018 TEAYS VALLEY LOCAL SCHOOL DISTRICT PICKAWAY COUNTY Five Year Forecast Financial Report 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 General Property
More informationLoveland City Schools FY Revenue
FREQUENTLY ASKED QUESTIONS 1. Where does the Loveland City School District revenue come from? In Ohio, the funding of schools is shared by the state and local school districts. The Ohio General Assembly
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property Tax (Real Estate) 5 1.020 - Public Utility Personal
More informationFindlay City School District Hancock County Five Year Forecast for Fiscal Years 2016 through 2023
Findlay City School District Hancock County Five Year Forecast for Fiscal Years 2016 through 2023 Actual Forecasted Fiscal Year Fiscal Year Fiscal Year Average Fiscal Year Fiscal Year Fiscal Year Fiscal
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property Tax (Real Estate) 5 1.020 - Public Utility
More informationBIG WALNUT LOCAL SCHOOL DISTRICT- DELAWARE COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30,
BIG WALNUT LOCAL SCHOOL DISTRICT- DELAWARE COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2015, 2016 and 2017 ACTUAL FORECASTED FISCAL YEARS
More informationSummary of Significant Forecast Assumptions Amanda-Clearcreek Local School District July 1, 2017 June 30, 2022 October 2017.
Summary of Significant Forecast Assumptions Amanda-Clearcreek Local School District July 1, 2017 June 30, 2022 October 2017 Revenues: 1.010 Real Estate: This line item contains revenue collected from taxes
More informationForecast Provided By Dublin City School District Treasurer's Office Mr. Brian Kern, Treasurer/CFO. December 10, 2018 (revised)
DUBLIN CITY SCHOOL DISTRICT - FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2016, 2017 and 2018 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationWORTHINGTON CITY SCHOOL DISTRICT-FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30,
WORTHINGTON CITY SCHOOL DISTRICT-FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2012, 2013 and 2014 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationLoveland City School District
Financial Forecast Summary & Report March 24, 2015 Brett Griffith, CFO Loveland City Schools (griffibr@lovelandschools.org) Forecast Purpose This forecast is intended to assist the school district in the
More informationCopley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions May, 2011
Copley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions May, 2011 The Copley-Fairlawn City School District has achieved Excellent with Distinction status as measured and reported in
More informationForecast Provided By Groveport-Madison School District Treasurer's Office John Walsh, Treasurer
Groveport-Madison City School District Franklin County SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2014, 2015 and 2016 ACTUAL FORECASTED FISCAL YEARS
More informationLAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2014,
LAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2014, 2015 and 2016 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationTECUMSEH LOCAL SCHOOL DISTRICT IRN # FIVE-YEAR FORECAST ASSUMPTIONS OCTOBER
TECUMSEH LOCAL SCHOOL DISTRICT IRN #046243 2018 FIVE-YEAR FORECAST ASSUMPTIONS OCTOBER As stated on the Ohio Department of Education Five-Year Forecast Webpage: The reader should remember that a forecast
More informationLAKEWOOD CITY SCHOOLS
LAKEWOOD CITY SCHOOLS Financial Forecast and Summary Report May 2017 Kent R. Zeman, CPA CFO/Treasurer In Collaboration with: Lakewood Board of Education Members Mr. Jeff Patterson, Superintendent Administrative
More informationHarrison Hills City School District Treasurer's Office Roxane Harding, Treasurer
HARRISON HILLS CITY SCHOOL DISTRICT HARRISON COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2011, 2012 and 2013 ACTUAL FORECASTED FISCAL YEARS
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report May, 2018 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property Tax (Real Estate) 5 1.020 - Public Utility Personal
More informationLICKING HEIGHTS LOCAL SCHOOL DISTRICT LICKING COUNTY, OHIO
FINANCIAL FORECAST NOTES OCTOBER 2015 Nick Roberts, CFO/Treasurer njroberts@laca.org Licking Heights Five Year Forecast FISCAL YEAR 2016 Actual Forecasted 2013 2014 2015 2016 2017 2018 2019 2020 1.010
More informationForecast Provided By Dublin City School District Treasurer's Office Mr. Brian Kern, Treasurer/CFO
DUBLIN CITY SCHOOL DISTRICT-FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2015, 2016 and 2017 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationLAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013,
LAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013, 2014 and 2015 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationCARLISLE LOCAL SCHOOL DISTRICT WARREN COUNTY TABLE OF CONTENTS. Independent Accountants Report Management s Discussion and Analysis...
WARREN COUNTY TABLE OF CONTENTS TITLE PAGE Independent Accountants Report... 1 Management s Discussion and Analysis... 3 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net
More informationForecast Provided By Fairborn City School District Treasurer's Office Nicole Marshall, Treasurer/CFO
FAIRBORN CITY SCHOOL DISTRICT-GREENE COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2015, 2016 and 2017 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationDUBLIN CITY SCHOOL DISTRICT - FRANKLIN COUNTY
DUBLIN CITY SCHOOL DISTRICT - FRANKLIN COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED ACTUAL JUNE 30, 2014, 2015, 2016 FORECASTED FISCAL YEARS ENDING
More informationLicking Heights Local School District 5 Year Forecast Assumptions (FY 2013 FY 2017) Board Approved: October 24, Revenue:
Licking Heights Local School District 5 Year Forecast Assumptions (FY 2013 FY 2017) Board Approved: October 24, 2012 Revenue: General Property Tax (Real Estate) Property values dropped 7.04% in aggregate
More informationMansfield City School District Richland County, Ohio
Richland County, Ohio Fiscal Emergency Termination Local Government Services Section Richland County Fiscal Emergency Termination Table of Contents Certification... 3 Report on Termination of the Financial
More informationCINCINNATI CITY SCHOOL DISTRICT-HAMILTON COUNTY SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30,
CINCINNATI CITY SCHOOL DISTRICT-HAMILTON COUNTY SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013, 2014 and 2015 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationNorthwest Local School District (Hamilton County) 5-Year Forecast Assumptions May 27, 2011
Northwest Local School District (Hamilton County) 5-Year Forecast Assumptions May 27, 2011 Disclaimers The 5-year forecast for Northwest Local School District (Hamilton County) is derived from the last
More informationGLOSSARY OF SCHOOL FINANCE TERMS
GLOSSARY OF SCHOOL FINANCE TERMS Any study of school finance can be confusing because of the enormous number of technical terms used in describing the process. The following is a glossary of the terms
More informationRiverside Local School District
Riverside Local School District Five Year Forecast Presentation October 22, 2018 Presented by: Gary A. Platko Guidance The Ohio Department of Education (ODE) has developed a guide to assist teachers, administrators,
More informationForecast Provided By Trotwood-Madison City School District Treasurer's Office Janice Allen, Treasurer
Trotwood-Madison City School District Montgomery County SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2011, 2012 and 2013 ACTUAL FORECASTED FISCAL
More informationPiqua City School District 719 East Ash Street Piqua, Ohio ASSUMPTIONS TO THE FIVE-YEAR FORECAST May 2018
Piqua City School District 719 East Ash Street Piqua, Ohio 45356 ASSUMPTIONS TO THE FIVE-YEAR FORECAST May 2018 INTRODUCTION TO FIVE YEAR FORECAST All school districts in Ohio are required to file a five
More informationCleveland Municipal School District
Cleveland Municipal School District Five Year Financial Forecast October 2015 1 Five Year Forecast -Contents Major Assumptions General Fund Revenues General Fund Expenditures Five Year Forecast Summary
More informationCopley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions October, 2011
Copley-Fairlawn City Schools, Summit County Five Year Forecast Assumptions October, 2011 The Copley-Fairlawn City School District has achieved Excellent status as measured and reported in the state issued
More informationHUBER HEIGHTS CITY SCHOOL DISTRICT MONTGOMERY COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE
HUBER HEIGHTS CITY SCHOOL DISTRICT MONTGOMERY COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2016, 2017 and 2018 ACTUAL FORECASTED FISCAL YEARS
More informationMILFORD EXEMPTED VILLAGE SCHOOL DISTRICT FISCAL YEAR 2014 FIVE-YEAR FORECAST ASSUMPTIONS
The Ohio Department of Education (ODE) requires the submission of a five year forecast of revenue and expenditures for the general operating fund of public school districts which is legally adopted by
More informationFive Year Forecast Financial Report
Five Year Forecast Financial Report October, 2017 1 Table of Contents Table of Contents 2 Executive Summary 3 PAGE # Revenue Overview 4 1.010 - General Property Tax (Real Estate) 5 1.020 - Public Utility
More informationClear Fork Valley LSD
Financial Report Five Year Forecast May, 2016 Treasurer/CFO: Bradd Stevens Table of Contents PAGE # Table of Contents 2 Executive Summary 3 Revenue Overview 4 1.010 - General Property Tax (Real Estate)
More informationNorth Olmsted City Schools Major Assumptions Used in the Preparation of the Five-Year Forecast Prepared October 12, 2017
North Olmsted City Schools Major Assumptions Used in the Preparation of the Five-Year Forecast Prepared October 12, 2017 Financial Summary Enclosed is a summary of major assumptions used in the preparation
More informationFive Year Plan Assumptions For Fiscal Years Ending June 30, 2016 Through 2020
Five Year Plan Assumptions For Fiscal Years Ending June 30, 2016 Through 2020 Non Controllable Forecast Variables: Forecast Variables: State Funding Student Enrollment Educational Needs of Students Property
More informationCAROL CORBETT, TREASURER
BASIC FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2008 CAROL CORBETT, TREASURER BASIC FINANCIAL STATEMENTS TABLE OF CONTENTS Independent Auditor s Report... 1-2 Management s Discussion and
More informationRIVERSIDE LOCAL SCHOOL DISTRICT LAKE COUNTY TABLE OF CONTENTS. Independent Auditor s Report Management s Discussion and Analysis...
RIVERSIDE LOCAL SCHOOL DISTRICT LAKE COUNTY TABLE OF CONTENTS TITLE PAGE Independent Auditor s Report... 1 Management s Discussion and Analysis... 5 Basic Financial Statements: Government-wide Financial
More informationPiqua City School District 719 East Ash Street Piqua, Ohio ASSUMPTIONS TO THE FIVE-YEAR FORECAST October 2013
Piqua City School District 719 East Ash Street Piqua, Ohio 45356 ASSUMPTIONS TO THE FIVE-YEAR FORECAST October 2013 INTRODUCTION TO FIVE YEAR FORECAST All school districts in Ohio are required to file
More informationFive Year Forecast Report to the Community. Orange City School District Cuyahoga County
Five Year Forecast Report to the Community Orange City School District Cuyahoga County May 2018 Contents Executive Summary... 2 Economic Environment... 5 Forecast Risks & Uncertainty... 8 Revenue Forecast...
More informationTWINSBURG CITY SCHOOL DISTRICT FREQUENTLY ASKED QUESTIONS REGARDING THE DISTRICT S FINANCIAL LANDSCAPE MAY, 2018
TWINSBURG CITY SCHOOL DISTRICT FREQUENTLY ASKED QUESTIONS REGARDING THE DISTRICT S FINANCIAL LANDSCAPE MAY, 2018 THE 6.9 MILL RENEWAL LEVY 1. What can you tell me about this levy? Didn t we see it on the
More informationCAROL F. CORBETT, TREASURER
BASIC FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2009 CAROL F. CORBETT, TREASURER BASIC FINANCIAL STATEMENTS TABLE OF CONTENTS Independent Auditor s Report... 1 Management s Discussion and
More informationTipp City Exempted Village School District FIVE YEAR FORECAST July 1, 2014 June 30, 2019
Tipp City Exempted Village School District FIVE YEAR FORECAST July 1, 2014 June 30, 2019 1 Assumptions Updated to include 2014 actual figures Tax revenue estimate for 2015 reflects Miami County Auditor
More informationGENEVA AREA CITY SCHOOLS FIVE YEAR FORECAST ASSUMPTIONS FORECASTED FISCAL YEARS ENDING JUNE 30, 2011 THROUGH 2015 Board Approved 10/20/10
GENEVA AREA CITY SCHOOLS FIVE YEAR FORECAST ASSUMPTIONS FORECASTED FISCAL YEARS ENDING JUNE 30, 2011 THROUGH 2015 Board Approved 10/20/10 REVENUES Property Taxes (1.010 & 1.020) Property tax revenue estimates
More informationLAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013,
LAKOTA LOCAL SCHOOL DISTRICT-BUTLER COUNTY SCHEDULE OF REVENUE, EXPENDITURES, AND CHANGES IN FUND BALANCES FOR THE FISCAL YEARS ENDED JUNE 30, 2013, 2014 and 2015 ACTUAL FORECASTED FISCAL YEARS ENDING
More informationFive Year Forecast Report to the Community. Orange City School District Cuyahoga County
Five Year Forecast Report to the Community Orange City School District Cuyahoga County October 2018 Contents Executive Summary... 2 Economic Environment... 5 Forecast Risks & Uncertainty... 8 Revenue Forecast...
More informationProperty Tax Levy Law. Mike Sobul, CFO/Treasurer, Granville EVSD Consultant, Public Finance Resources, Inc. OSBA Capital Conference November 11, 2013
Property Tax Levy Law Mike Sobul, CFO/Treasurer, Granville EVSD Consultant, Public Finance Resources, Inc. OSBA Capital Conference November 11, 2013 Constitutional Restrictions * O. Const. Art. XII, Sec.
More informationThe Notes To The Five Year Forecast Are An Integral Part Of This Presentation.
ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ESTIMATED ESTIMATED ESTIMATED ESTIMATED ESTIMATED 7/06-6/07 7/07-6/08 7/08-6/09 7/09-6/10 7/10-6/11 7/11-6/12 7/12-6/13 7/13-6/14 7/14-6/15 7/15-6/16 OPERATING REVENUES:
More information