Sylvania City School District
Lucas
Schedule of Revenues, Expenditures and Changes in Fund Balances For the Fiscal Years Ended June 30, 2017, 2018 and 2019 Actual; Forecasted Fiscal Years Ending June 30, 2020 Through 2024

	Actual		Forecasted	
	Fiscal Year 	Fiscal Year 	Fiscal Year
2017 	2018 	2019	Average
Change	Fiscal Year 	Fiscal Year 	Fiscal Year 	Fiscal Year 	Fiscal Year
2020 	2021 	2022 	2023 	2024	
Revenues
1.010   General Property Tax (Real Estate)
1.020   Tangible Personal Property Tax
1.030   Income Tax
1.035   Unrestricted State Grants-in-Aid
1.040   Restricted State Grants-in-Aid
1.045   Restricted Federal Grants-in-Aid - SFSF
1.050   Property Tax Allocation
1.060   All Other Revenues
1.070  Total Revenues

Other Financing Sources
2.010   Proceeds from Sale of Notes
2.020   State Emergency Loans and Advancements (Approved)
2.040   Operating Transfers-In
2.050   Advances-In
2.060   All Other Financing Sources
2.070   Total Other Financing Sources
2.080  Total Revenues and Other Financing Sources

Expenditures
3.010   Personal 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 (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
4.060     Interest and Fiscal Charges
4.300   Other Objects
4.500  Total Expenditures

Other Financing Uses
5.010   Operating Transfers-Out
5.020   Advances-Out
5.030   All Other Financing Uses
5.040   Total Other Financing Uses
5.050  Total Expenditures and Other Financing Uses

6.010  Excess of Revenues and Other Financing Sources over
(under) Expenditures and Other Financing Uses	
56,539,356 	61,812,516 	60,176,443
2,442,222 	2,923,970 	3,092,472

17,851,726 	18,695,250 	19,121,510
744,138 	733,487 	722,337

7,214,889 	7,248,095 	7,216,689
2,013,679 	3,179,471 	3,303,827	
3.3%
12.7%

3.5%
-1.5%

0.0%
30.9%	
$62,033,448     $60,775,774     $62,886,909     $63,396,991     $63,811,733
3,196,756 	$3,342,774 	$3,439,893 	$3,539,926 	$3,608,061

17,355,738     $15,664,955     $17,355,738     $17,355,738     $17,355,738
741,311 	$741,311 	$741,311 	$741,311 	$741,311
$719,000
7,170,287 	$7,242,237 	$7,298,276 	$7,353,739 	$7,397,370
3,062,352 	$3,151,352 	$3,132,032 	$2,789,144 	$2,721,351	
	86,806,010     94,592,789     93,633,278	4.0%	93,559,892    91,637,403    94,854,159    95,176,849    95,635,564	

6,722 	45,488 	1,174,420
203,628 	552,400 	277,062
441,815 	41,734 	28,947	

1529.3%
60.7%
-60.6%	

49,880 	49,880 	49,880 	49,880 	49,880
169,343 	164,343 	161,343 	157,843 	155,043
663,189 	187,597 	187,597 	187,597 	187,597	
	652,165 	639,622 	1,480,429	64.8%	882,412 	401,820 	398,820 	395,320 	392,520	
	87,458,175     95,232,411     95,113,707	4.4%	94,442,304    92,039,223    95,252,979    95,572,169    96,028,084	
	
$48,205,892      $49,409,427      $50,956,538
$21,300,368      $22,038,824      $21,736,821
$10,042,803 	$9,195,004 	$8,844,543
$2,486,227 	$3,226,292 	$3,884,417
$128,741 	$71,271 	$141,821

$305,000 	$310,000 	$315,000

$154,350 	$148,200 	$141,950
$1,249,115 	$1,495,360 	$1,331,851	
2.8%
1.0%
-6.1%
25.1%
27.2%

1.6%

-4.1%
4.4%	
$53,548,617     $55,037,696     $56,979,055     $59,145,253     $61,394,647
$21,841,970     $22,879,683     $24,223,982     $25,689,845     $27,255,075
$9,504,057 	$9,678,144 	$9,970,124     $10,112,740     $10,258,689
$3,703,507 	$4,191,565 	$3,991,612 	$4,059,261 	$4,105,905
$43,516 	$103,516 	$105,586 	$107,698 	$109,852

$325,000 	$335,000 	$345,000 	$355,000 	$370,000

$137,238 	$124,025 	$113,825 	$103,325 	$90,600
$1,392,492 	$1,399,455 	$1,406,452 	$1,413,484 	$1,420,552	
	83,872,496     85,894,378     87,352,941	2.1%	90,496,397    93,749,084    97,135,636   100,986,606  105,005,320	
	
$198,082 	$185,792 	$1,753,366
$552,400 	$277,062 	$169,343	
418.8%
-44.4%	
$142,000 	$443,000 	$528,000 	$478,000 	$478,000
$250,000 	$250,000 	$250,000 	$250,000 	$250,000	
	750,482 	462,854 	1,922,709	138.5%	392,000 	693,000 	778,000 	728,000 	728,000	
	84,622,978     86,357,232     89,275,650	2.7%	90,888,397    94,442,084    97,913,636   101,714,606  105,733,320	

2,835,197	8,875,179	5,838,057	
89.4%	
3,553,907	2,402,861-     2,660,657-     6,142,437-     9,705,236-	
7.010  Cash Balance July 1 - Excluding Proposed
Renewal/Replacement and New Levies	3,451,452	6,286,649     15,161,828	
111.7%	
20,999,885    24,553,792    22,150,931    19,490,274    13,347,837	

7.020  Cash Balance June 30

8.010  Estimated Encumbrances June 30
Reservation of Fund Balance
9.010 	Textbooks and Instructional Materials
9.020 	Capital Improvements
9.030 	Budget Reserve
9.040 	DPIA
9.045 	Fiscal Stabilization
9.050 	Debt Service
9.060 	Property Tax Advances
9.070 	Bus Purchases
9.080    Subtotal
10.010 Fund Balance June 30 for Certification of

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

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				
	6,286,649     15,161,828     20,999,885	89.8%	24,553,792    22,150,931    19,490,274    13,347,837	3,642,601	
	
$222,224 	$133,106 	$330,856	
54.2%	
$500,000 	$500,000 	$500,000 	$500,000 	$500,000	

	6,064,425     15,028,722     20,669,029	92.7%	24,053,792    21,650,931    18,990,274    12,847,837	3,142,601	

				
	
6,064,425     15,028,722     20,669,029	
92.7%	
24,053,792    21,650,931    18,990,274    12,847,837	3,142,601	

				
	6,064,425     15,028,722     20,669,029	92.7%	24,053,792    21,650,931    18,990,274    12,847,837	3,142,601