Sylvania Schools
Schedule Of Revenue, Expenditures and Changes In Fund Balances
Actual and Forecasted Operating Fund	
	ACTUAL	FORECASTED	
	Fiscal Year 	Fiscal Year 	Fiscal Year
2016 	2017 	2018	Fiscal Year 	Fiscal Year 	Fiscal Year 	Fiscal Year 	Fiscal Year
2019 	2020 	2021 	2022 	2023	
Revenue:
1.010 - General Property Tax (Real Estate)
1.020 - Public Utility Personal Property
1.030 - Income Tax
1.035 - Unrestricted Grants-in-Aid
1.040 - Restricted Grants-in-Aid
1.045 - Restricted Federal Grants-in-Aid - SFSF
1.050 - Property Tax Allocation
1.060 - All Other Operating Revenues	
52,335,325 	56,539,356 	61,812,516
1,947,464 	2,442,223 	2,923,970
- 	- 	-
16,579,914 	17,851,727 	18,695,249
560,969 	744,139 	733,487
- 	- 	-
7,349,024 	7,214,889 	7,248,095
1,717,030 	2,013,680 	3,179,469	
60,176,442 	60,167,858 	61,515,201 	62,079,709 	62,636,858
3,092,472 	3,143,610 	3,237,918 	3,335,056 	3,435,107
- 	- 	- 	- 	-
18,976,044 	19,427,111 	19,978,762 	20,572,536 	21,164,459
747,991 	759,718 	769,154 	776,077 	792,921
- 	- 	- 	- 	-
7,207,063 	7,179,469 	7,199,014 	7,245,817 	7,291,601
3,052,578 	3,007,234 	3,316,043 	3,291,375 	3,021,577	
1.070 - Total Revenue	80,489,726 	86,806,014 	94,592,786	93,252,590 	93,685,000 	96,016,092 	97,300,570 	98,342,523	

Other Financing Sources:
2.010 - Proceeds from Sale of Notes
2.020 - State Emergency Loans and Advancements
2.040 - Operating Transfers-In
2.050 - Advances-In
2.060 - All Other Financing Sources
2.070 - Total Other Financing Sources	
- 	- 	-
- 	- 	-
22,883 	6,721 	45,488
204,042 	203,628 	552,400
105,648 	441,815 	41,733	
- 	- 	- 	- 	-
- 	- 	- 	- 	-
5,000 	5,000 	5,000 	5,000 	5,000
200,000 	200,000 	200,000 	200,000 	200,000
577,000 	60,000 	60,000 	60,000 	60,000	
	332,573 	652,164 	639,621	782,000 	265,000 	265,000 	265,000 	265,000	
2.080 - Total Revenues and Other Financing Sources	80,822,299 	87,458,178 	95,232,407	94,034,590 	93,950,000 	96,281,092 	97,565,570 	98,607,523	

Expenditures:
3.010 - Personnel Services
3.020 - Employees' Retirement/Insurance Benefits
3.030 - Purchased Services
3.040 - Supplies and Materials
3.050 - Capital Outlay
3.060 - Intergovernmental

Debt Service:
4.010 - Principal-All Years
4.020 - Principal - Notes
4.030 - Principal - State Loans
4.040 - Principal - State Advances
4.050 - Principal - HB264 Loan
4.055 - Principal - Other
4.060 - Interest and Fiscal Charges
4.300 - Other Objects	
46,779,276 	48,205,891 	49,409,426
20,901,945 	21,300,368 	22,038,824
9,205,007 	10,043,005 	9,195,003
2,441,372 	2,486,226 	3,226,292
88,194 	128,740 	71,271
- 	- 	-

300,000 	305,000 	310,000

160,400 	154,350 	148,200
1,165,198 	1,249,114 	1,495,361	
51,112,305 	54,201,034 	56,440,355 	58,697,910 	61,035,470
22,460,121 	23,112,669 	24,301,524 	26,052,849 	27,849,339
9,095,067 	9,483,085 	9,773,233 	10,115,737 	10,477,001
4,001,137 	4,065,877 	4,092,417 	4,183,851 	4,277,464
134,660 	171,160 	174,660 	178,230 	181,871
- 	- 	- 	- 	-

- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-
315,000 	325,000 	335,000 	345,000 	355,000
- 	- 	- 	- 	-
141,950 	133,925 	124,025 	113,825 	103,325
1,314,622 	1,705,377 	1,749,708 	1,795,609 	1,843,137	
4.500 - Total Expenditures	81,041,392 	83,872,694 	85,894,377	88,574,862 	93,198,127 	96,990,922      101,483,011      106,122,607	

Other Financing Uses
5.010 - Operating Transfers-Out
5.020 - Advances-Out
5.030 - All Other Financing Uses
5.040 - Total Other Financing Uses	
177,432 	198,081 	185,792
203,628 	552,400 	277,062
- 	- 	-	
675,000 	175,000 	175,000 	175,000 	175,000
250,000 	250,000 	250,000 	250,000 	250,000
- 	- 	- 	- 	-	
	381,060 	750,481 	462,854	925,000 	425,000 	425,000 	425,000 	425,000	
5.050 - Total Expenditures and Other Financing Uses	81,422,452 	84,623,175 	86,357,231	89,499,862 	93,623,127 	97,415,922      101,908,011      106,547,607	
			
Excess of Rev & Other Financing Uses Over (Under)			
6.010 - Expenditures and Other Financing Uses	(600,153) 	2,835,003 	8,875,176	4,534,728 	326,873 	(1,134,830)        (4,342,441)        (7,940,084)	

Cash Balance July 1 - Excluding Proposed Renewal/
7.010 - Replacement and New Levies	
4,051,614 	3,451,461 	6,286,464	
15,161,640 	19,696,368 	20,023,241 	18,888,411 	14,545,970	
7.020 - Cash Balance June 30	3,451,461 	6,286,464 	15,161,640	19,696,368 	20,023,241 	18,888,411 	14,545,970 	6,605,886	

8.010 - Estimated Encumbrances June 30

Reservations of Fund Balance:
9.010 - Textbooks and Instructional Materials
9.020 - Capital Improvements
9.030 - Budget Reserve
9.040 - DPIA
9.050 - Debt Service
9.060 - Property Tax Advances
9.070 - Bus Purchases
9.080 - Subtotal	
768,642 	222,224 	133,106

- 	- 	-
- 	- 	-
- 	- 	-
- 	- 	-
- 	- 	-
- 	- 	-
- 	- 	-	
500,000 	500,000 	500,000 	500,000 	500,000

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- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-	
	- 	- 	-	- 	- 	- 	- 	-	
Fund Balance June 30 for Certification			
10.010 - of Appropriations	2,682,819 	6,064,240 	15,028,534	19,196,368 	19,523,241 	18,388,411 	14,045,970 	6,105,886	

Rev from Replacement/Renewal Levies
11.010 -  Income Tax - Renewal
11.020 -  Property Tax - Renewal or Replacement
11.030 - Cumulative Balance of Replacement/Renewal Levies	

- 	- 	-	
- 	- 	- 	- 	-
- 	- 	- 	- 	-
- 	- 	- 	- 	-	
Fund Balance June 30 for Certification			
12.010 - of Contracts, Salary and Other Obligations	2,682,819 	6,064,240 	15,028,534	19,196,368 	19,523,241 	18,388,411 	14,045,970 	6,105,886	

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	

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- 	- 	- 	- 	-
- 	- 	- 	- 	-

- 	- 	- 	- 	-	
15.010 - Unreserved Fund Balance June 30	2,682,819 	6,064,240 	15,028,534	19,196,368 	19,523,241 	18,388,411 	14,045,970 	6,105,886