GREEN LOCAL SCHOOLS
SCIOTO
Schedule of Revenues, Expenditures and Changes in Fund Balances
For the Fiscal Years Ended June 30, 2006, 2007 and 2008 Actual;
Forecasted Fiscal Years Ending June 30, 2009 Through 2013
    Actual   Forecasted
    Fiscal Year  Fiscal Year Fiscal Year Average Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
    2006 2007 2008 Change 2009 2010 2011 2012 2013
             
Revenues        
1.010 General Property Tax (Real Estate) $1,094,568 $1,134,305 $1,230,065 6.0% $1,171,289 $1,206,428 $1,302,942 $1,342,030 $1,382,291
1.020 Tangible Personal Property Tax 729,218 594,300 292,271 -34.7% 171,399 55,439 43,840 44,498 45,165
1.030 Income Tax        
1.035 Unrestricted Grants-in-Aid 2,383,788 2,420,449 2,583,099 4.1% 2,952,623 2,952,623 3,108,308 3,147,540 3,194,753
1.040 Restricted Grants-in-Aid 418,730 399,770 405,261 -1.6% 499,075 474,979 479,729 484,526 489,371
1.050 Property Tax Allocation 165,187 364,001 404,958 65.8% 312,487 328,060 215,638 209,554 204,211
1.060 All Other Revenues 850,839 848,131 815,953 -2.1% 815,804 835,885 483,068 478,068 473,054
1.070 Total Revenues 5,642,330 5,760,956 5,731,607 0.8% 5,922,677 5,853,414 5,633,525 5,706,216 5,788,846
       
Other Financing Sources        
2.010 Proceeds from Sale of Notes        
2.020 State Emergency Loans and Advancements (Approved)        
2.040 Operating Transfers-In 209,407 241,546 280,917 15.8% 205,518 207,573 209,649 211,745 213,863
2.050 Advances-In     20,000  
2.060 All Other Financing Sources     7,098      
2.070 Total Other Financing Sources 209,407 241,546 288,015 17.3% 225,518 207,573 209,649 211,745 213,863
2.080 Total Revenues and Other Financing Sources 5,851,737 6,002,502 6,019,622 1.4% 6,148,195 6,060,987 5,843,174 5,917,961 6,002,709
             
Expenditures        
3.010 Personal Services 2,936,046 3,022,000 3,164,322 3.8% 3,086,450 2,969,154 2,949,154 2,999,154 3,054,154
3.020 Employees' Retirement/Insurance Benefits 1,174,016 1,218,061 1,227,263 2.3% 1,242,253 1,173,903 1,232,598 1,294,228 1,358,940
3.030 Purchased Services 1,081,865 1,031,220 1,120,411 2.0% 1,237,661 1,132,801 1,146,457 1,160,386 1,174,594
3.040 Supplies and Materials 273,659 257,516 377,910 20.4% 209,350 212,490 215,678 218,913 222,196
3.050 Capital Outlay 81,476 157,400 112,211 32.2% 33,621 243,820 45,149 72,385 62,385
3.060 Intergovernmental        
Debt Service:        
4.010   Principal-All (Historical Only)        
4.020   Principal-Notes        
4.030   Principal-State Loans        
4.040   Principal-State Advancements        
4.050   Principal-HB 264 Loans        
4.055   Principal-Other 74,541 39,185 20,260 -47.9%   66,666 66,666 66,666  
4.060   Interest and Fiscal Charges 1,441 2,785 2,708 45.3%    
4.300 Other Objects 110,779 99,887 101,406 -4.2% 103,434 105,503 107,613 109,765 111,960
4.500 Total Expenditures 5,733,823 5,828,054 6,126,491 3.4% 5,912,769 5,904,338 5,763,315 5,921,498 5,984,230
             
Other Financing Uses        
5.010 Operating Transfers-Out 209,407 301,546 340,917 28.5% 245,518 222,573 224,649 226,745 228,863
5.020 Advances-Out     20,000  
5.030 All Other Financing Uses         92,811        
5.040 Total Other Financing Uses 209,407 301,546 340,917 28.5% 358,329 222,573 224,649 226,745 228,863
5.050 Total Expenditures and Other Financing Uses 5,943,230 6,129,600 6,467,408 4.3% 6,271,098 6,126,911 5,987,964 6,148,243 6,213,093
       
6.010 Excess of Revenues and Other Financing Sources over (under) Expenditures and Other Financing Uses (91,493) (127,098) (447,786) 145.6% (122,904) (65,924) (144,791) (230,282) (210,384)
       
7.010 Cash Balance July 1 - Excluding Proposed Renewal/Replacement and New Levies 1,433,631 1,342,138 1,215,040 -7.9% 767,254 644,350 578,425 433,635 203,353
       
7.020 Cash Balance June 30 1,342,138 1,215,040 767,254 -23.2% 644,350 578,425 433,635 203,353 (7,032)
       
8.010 Estimated Encumbrances June 30 162,044 129,750 64,861 -35.0% 118,885 104,499 96,082 106,488 102,356
             
Reservation of Fund Balance        
9.010      Textbooks and Instructional Materials 68,080 63,704 10,603 -44.9% 38,145 82,434 83,734 106,419 128,916
9.020      Capital Improvements 87,978 56,539 90,348 12.0% 105,981 90,948 150,623 159,111 203,657
9.030      Budget Reserve 49,750 49,750 -50.0%    
9.040      DPIA      
9.050      Debt Service        
9.060      Property Tax Advances      
9.070      Bus Purchases 14,442 52,194 17,447 97.4% 0 9,000 18,000 23,000 28,000
9.080   Subtotal 220,250 222,187 118,399 -22.9% 144,126 182,382 252,357 288,530 360,573
       
10.010 Fund Balance June 30 for Certification of Appropriations 959,844 863,103 583,994 -21.2% 381,339 291,545 85,197 (191,666) (469,961)
             
Revenue from Replacement/Renewal Levies        
11.010   Income Tax  -  Renewal        
11.020   Property Tax - Renewal or Replacement        
             
11.300 Cumulative Balance of Replacement/Renewal Levies                  
       
12.010  Fund Balance June 30 for Certification of Contracts, Salary Schedules and Other Obligations 959,844 863,103 583,994 -21.2% 381,339 291,545 85,197 (191,666) (469,961)
               
Revenue from New Levies        
13.010   Income Tax  -  New        
13.020   Property Tax  -  New        
               
13.030 Cumulative Balance of New Levies                  
       
14.010 Revenue from Future State Advancements        
       
15.010 Unreserved Fund Balance June 30 959,844 863,103 583,994 -21.2% 381,339 291,545 85,197 (191,666) (469,961)
       
ADM Forecasts      
20.010   Kindergarten - October Count 72 52 50 -15.8% 70 61 58 60 62
20.015   Grades 1-12 - October Count 636 612 598 -3.0% 598 611 605 603 604
20.020   Kindergarten - February Count NA 54 50 #VALUE! 68 59 56 57 60
20.025   Grades 1-12 - February Count NA 609 598 #VALUE! 600 599 593 591 592
 
See accompanying summary of significant forecast assumptions and accounting policies
Includes:  General fund, Emergency Levy fund, PBA fund, Textbook fund and any portion of Debt Service fund related to General fund debt