| Clearview Five Year Forecast for Fiscal Year 2020 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| District Type: Local | |||||||||
| IRN: 048132 | |||||||||
| County: Lorain | |||||||||
| Date Submitted: 5/12/2020 Date Processed: 5/12/2020 | |||||||||
| Actual | Forecasted | ||||||||
| Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
| 1.010 General Property (Real Estate) | 2,734,542 | 2,735,759 | 2,776,412 | 2,803,538 | 2,850,000 | 2,850,000 | 2,850,000 | 2,850,000 | |
| 1.035 Unrestricted Grants-in-Aid | 9,859,354 | 9,789,772 | 10,163,129 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | |
| 1.040 Restricted Grants-in-Aid | 1,039,889 | 1,180,246 | 1,085,225 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | |
| 1.050 Property Tax Allocation | 411,584 | 404,733 | 395,988 | 395,000 | 395,000 | 395,000 | 395,000 | 395,000 | |
| 1.060 All Other Operating Revenue | 4,147,210 | 4,332,605 | 4,731,087 | 4,900,000 | 4,900,000 | 4,900,000 | 4,900,000 | 4,900,000 | |
| 1.070 Total Revenue | 18,192,579 | 18,443,115 | 19,151,841 | 19,198,538 | 19,245,000 | 19,245,000 | 19,245,000 | 19,245,000 | |
| 2.040 Operating Transfers-In | 42,540 | 74,831 | 5,713 | ||||||
| 2.050 Advances-In | 22,440 | 10,500 | 18,500 | 8,500 | 10,000 | 10,000 | 10,000 | ||
| 2.060 All Other Financial Sources | 4,125 | 72,794 | 30,000 | ||||||
| 2.070 Total Other Financing Sources | 64,980 | 78,956 | 89,007 | 48,500 | 8,500 | 10,000 | 10,000 | 10,000 | |
| 2.080 Total Revenues and Other Financing Sources | 18,257,559 | 18,522,071 | 19,240,848 | 19,247,038 | 19,253,500 | 19,255,000 | 19,255,000 | 19,255,000 | |
| 3.010 Personnel Services | 8,166,015 | 8,329,674 | 8,681,150 | 9,477,090 | 9,922,644 | 10,425,995 | 10,687,687 | 10,955,948 | |
| 3.020 Employees' Retirement/Insurance Benefits | 2,988,262 | 3,024,922 | 3,255,236 | 3,483,885 | 3,658,079 | 3,840,983 | 4,033,032 | 4,234,684 | |
| 3.030 Purchased Services | 2,787,818 | 2,655,210 | 2,954,378 | 3,419,930 | 3,556,727 | 3,698,996 | 3,846,956 | 4,000,834 | |
| 3.040 Supplies and Materials | 289,405 | 212,093 | 239,552 | 298,258 | 313,171 | 328,829 | 345,271 | 362,534 | |
| 3.050 Capital Outlay | 265,200 | 636,092 | 334,067 | 750,000 | 1,000,000 | 750,000 | 650,000 | 650,000 | |
| 4.300 Other Objects | 174,247 | 170,834 | 172,751 | 189,031 | 183,941 | 183,941 | 183,941 | 183,941 | |
| 4.500 Total Expenditures | 14,670,947 | 15,028,825 | 15,637,134 | 17,618,194 | 18,634,562 | 19,228,745 | 19,746,888 | 20,387,942 | |
| 5.010 Operational Transfers - Out | 43,040 | 97,689 | 40,713 | 1,000,035 | 1,000,035 | 1,000,035 | 1,000,035 | 1,000,035 | |
| 5.020 Advances - Out | 15,834 | 18,500 | 8,500 | 8,500 | 8,500 | 8,500 | 8,500 | ||
| 5.030 All Other Financing Uses | 1,900 | ||||||||
| 5.040 Total Other Financing Uses | 60,774 | 97,689 | 59,213 | 1,008,535 | 1,008,535 | 1,008,535 | 1,008,535 | 1,008,535 | |
| 5.050 Total Expenditure and Other Financing Uses | 14,731,721 | 15,126,514 | 15,696,347 | 18,626,729 | 19,643,097 | 20,237,280 | 20,755,423 | 21,396,477 | |
| 6.010 Excess Rev & Oth Financing Sources over(under) Exp & Oth Financing | 3,525,838 | 3,395,557 | 3,544,501 | 620,309 | (389,597) | (982,280) | (1,500,423) | (2,141,477) | |
| 7.010 Beginning Cash Balance | 3,727,332 | 7,253,170 | 10,648,727 | 14,193,228 | 14,813,537 | 14,423,940 | 13,441,660 | 11,941,237 | |
| 7.020 Ending Cash Balance | 7,253,170 | 10,648,727 | 14,193,228 | 14,813,537 | 14,423,940 | 13,441,660 | 11,941,237 | 9,799,760 | |
| 8.010 Outstanding Encumbrances | 196,335 | 94,300 | 563,828 | 195,000 | 100,000 | 195,000 | 100,000 | 195,000 | |
| 10.010 Fund Balance June 30 for Certification of Appropriations | 7,056,835 | 10,554,427 | 13,629,400 | 14,618,537 | 14,323,940 | 13,246,660 | 11,841,237 | 9,604,760 | |
| 12.010 Fund Bal June 30 for Cert of Contracts,Salary Sched,Oth Obligations | 7,056,835 | 10,554,427 | 13,629,400 | 14,618,537 | 14,323,940 | 13,246,660 | 11,841,237 | 9,604,760 | |
| 15.010 Unreserved Fund Balance June 30 | 7,056,835 | 10,554,427 | 13,629,400 | 14,618,537 | 14,323,940 | 13,246,660 | 11,841,237 | 9,604,760 | |
| Notes to the Five Year Forecast | |||||||||
| Please visit the Ohio Department of Education website at | |||||||||
| ftp://ftp.ode.state.oh.us/geodoc/5-yrForecast/ | |||||||||