THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS February 2011 Five-Year Financial Projections for Ohio School Districts ALPHABETICAL BY COUNTY Warren County Washington County Wayne County Williams County Wood County Wyandot County
Sep 30, 2015
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
February 2011
Five-Year FinancialProjections for Ohio
School Districts
ALPHABETICAL BY COUNTY
Warren CountyWashington County
Wayne CountyWilliams County
Wood CountyWyandot County
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$14,518,484 $15,266,701 $15,096,407 $14,892,067 $14,577,873 $14,172,912 $14,464,867 $14,560,987
$14,493,296 $14,650,698 $14,059,770 $14,755,290 $15,517,552 $16,110,604 $16,736,803 $17,512,124 $25,188 $616,003 $1,036,637 $136,777 $939,679 $1,937,692 $2,271,936 $2,951,137
$13,006,574 $13,393,815 $13,792,886 $14,204,156 $14,628,005 $1,885,493 $1,184,058 $380,026 $260,711 $67,018
83.1% 77.8% 78.7% 83.5% 90.2% 96.7% 98.7% 103.0% 71.8% 75.6% 80.3% 81.2% 83.2%
$16,725 $632,728 $1,669,365 $1,806,142 $866,463 $1,071,229 $3,343,165 $6,294,301 $3,554,858 $4,738,916 $5,118,942 $5,379,653 $5,312,636
Source: Carlisle Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Carlisle Local School District will have an ending cash balance in 2015 of $6.3 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $5.3 million.
Carlisle Local School DistrictOHIO | WARREN COUNTY
$12
$14
$16
$18
70%
80%
90%
100%
110%
$8
$6
$4
$2
$0
$2
$4
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$28,386,185 $28,026,944 $27,083,278 $26,973,722 $25,972,561 $26,238,457 $24,828,292 $24,073,962
$28,294,162 $27,761,977 $27,685,672 $28,345,713 $29,119,599 $30,294,250 $31,351,719 $32,545,833 $92,023 $264,967 $602,394 $1,371,991 $3,147,039 $4,055,793 $6,523,427 $8,471,871
$25,582,072 $26,094,884 $26,993,201 $27,758,313 $28,643,244 $1,391,650 $122,323 $754,744 $2,930,021 $4,569,282
67.2% 72.1% 77.2% 80.0% 86.4% 89.0% 97.8% 104.9% 69.8% 74.8% 76.4% 83.3% 88.7%
$7,198,085 $7,463,052 $6,860,658 $5,488,667 $2,341,628 $1,714,164 $8,237,591 $16,709,462 $8,252,308 $8,129,985 $7,375,242 $4,445,221 $124,061
Source: Franklin City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Franklin City School District will have an ending cash balance in 2015 of $16.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $124,061.
Franklin City School DistrictOHIO | WARREN COUNTY
$24
$27
$30
$33
60%
80%
100%
120%
$20
$15
$10
$5
$0
$5
$10
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$35,888,470 $36,076,708 $34,736,000 $37,417,824 $38,635,602 $38,280,580 $38,332,565 $38,332,565
$33,909,222 $37,140,330 $36,764,782 $39,572,035 $40,785,580 $42,266,473 $43,664,525 $45,270,989 $1,979,248 $1,063,622 $2,028,782 $2,154,211 $2,149,978 $3,985,893 $5,331,960 $6,938,424
$34,075,820 $35,425,949 $36,650,609 $37,919,447 $39,334,143 $3,342,004 $3,209,653 $1,629,971 $413,118 $1,001,578
77.8% 77.7% 82.1% 83.3% 82.5% 86.1% 88.6% 91.5% 68.6% 68.6% 71.4% 73.6% 76.0%
$11,248,601 $10,184,979 $8,156,197 $6,001,986 $3,852,008 $133,885 $5,465,845 $12,404,269 $11,498,201 $14,707,855 $16,337,826 $16,750,943 $15,749,366
Source: Kings Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Kings Local School District will have an ending cash balance in 2015 of $12.4 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $15.7 million.
Kings Local School DistrictOHIO | WARREN COUNTY
$32
$36
$40
$44
$48
60%
70%
80%
90%
100%
$15
$10
$5
$0
$5
$10
$15
$20
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$41,703,981 $41,644,747 $42,653,177 $42,142,184 $39,165,007 $37,426,333 $38,459,910 $39,006,014
$37,715,586 $40,655,004 $43,439,883 $43,610,058 $45,499,086 $47,211,841 $49,228,879 $51,471,858 $3,988,395 $989,743 $786,706 $1,467,874 $6,334,078 $9,785,508 $10,768,968 $12,465,844
$40,134,083 $41,520,679 $42,632,607 $43,994,501 $45,463,420 $2,008,101 $2,355,672 $5,206,274 $5,534,591 $6,457,406
69.8% 74.8% 78.3% 79.6% 89.4% 97.8% 99.5% 102.8% 71.3% 79.2% 85.5% 85.9% 87.4%
$7,512,653 $8,502,396 $7,715,690 $6,247,816 $86,262 $9,871,771 $20,640,739 $33,106,583 $9,723,791 $7,368,119 $2,161,845 $3,372,746 $9,830,152
Source: Lebanon City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Lebanon City School District will have an ending cash balance in 2015 of $33.1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $9.8 million.
Lebanon City School DistrictOHIO | WARREN COUNTY
$36
$40
$44
$48
$52
60%
80%
100%
120%
$40
$30
$20
$10
$0
$10
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$32,523,085 $29,012,271 $29,805,992 $30,880,037 $26,866,599 $26,639,725 $26,727,820 $26,935,589
$30,400,248 $30,134,630 $30,978,575 $36,475,186 $32,958,563 $33,580,395 $35,285,854 $37,151,854 $2,122,837 $1,122,359 $1,172,583 $5,595,149 $6,091,964 $6,940,670 $8,558,034 $10,216,265
$34,069,426 $29,129,056 $30,116,842 $31,141,144 $32,203,381 $3,189,389 $2,262,457 $3,477,117 $4,413,324 $5,267,792
74.1% 86.0% 78.9% 76.3% 95.5% 97.6% 102.5% 107.5% 68.5% 81.3% 84.6% 87.0% 89.1%
$3,192,176 $2,069,817 $897,234 $4,697,915 $10,789,879 $17,730,549 $26,288,584 $36,504,848 $2,292,155 $4,554,613 $8,031,730 $12,445,054 $17,712,846
Source: Little Miami Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Lile Miami Local School District will have an ending cash balance in 2015 of $36.5 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $17.7 million.
Little Miami Local School DistrictOHIO | WARREN COUNTY
$24
$28
$32
$36
$40
60%
80%
100%
120%
$40
$30
$20
$10
$0
$10
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$100,253,876 $99,528,184 $99,163,052 $96,988,152 $93,609,417 $91,028,589 $84,624,057 $84,375,999
$90,854,227 $98,759,214 $95,757,269 $101,117,887 $108,325,000 $114,490,000 $121,450,000 $128,440,000 $9,399,649 $768,970 $3,405,783 $4,129,735 $14,715,583 $23,461,411 $36,825,943 $44,064,001
$88,315,312 $91,679,860 $95,029,216 $98,802,270 $102,411,543 $8,672,840 $1,929,557 $4,000,627 $14,178,213 $18,035,544
75.1% 85.4% 83.4% 90.0% 99.9% 108.5% 123.5% 131.0% 76.8% 82.1% 87.1% 96.7% 100.1%
$42,431,939 $43,200,909 $46,606,692 $42,476,957 $27,761,374 $4,299,963 $32,525,980 $76,589,981 $55,279,532 $57,209,089 $53,208,463 $39,030,249 $20,994,705
Source: Mason City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Mason City School District will have an ending cash balance in 2015 of $76.6 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $21 million.
Mason City School DistrictOHIO | WARREN COUNTY
$80
$100
$120
$140
60%
80%
100%
120%
140%
$80
$60
$40
$20
$0
$20
$40
$60
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$41,744,763 $42,756,796 $44,071,764 $42,679,346 $41,539,259 $43,176,901 $39,538,543 $39,771,467
$41,959,876 $43,366,970 $41,748,892 $44,471,812 $47,140,376 $51,192,785 $53,834,807 $55,448,766 $215,113 $610,174 $2,322,872 $1,792,466 $5,601,117 $8,015,884 $14,296,264 $15,677,299
$38,367,063 $39,616,665 $40,751,164 $41,920,109 $42,935,338 $4,312,283 $1,922,594 $2,425,737 $2,381,566 $3,163,871
80.4% 82.0% 75.7% 84.7% 92.7% 98.2% 113.6% 117.1% 70.4% 74.6% 74.1% 83.5% 85.6%
$4,381,172 $3,770,998 $6,093,870 $4,301,404 $1,299,713 $9,315,597 $23,611,861 $39,289,160 $10,406,153 $12,328,747 $14,754,484 $12,372,917 $9,209,046
Source: Springboro Community City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Springboro Community City School District will have an ending cash balance in 2015 of $39.3 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $9.2 million.
Springboro Community City School DistrictOHIO | WARREN COUNTY
$30
$40
$50
$60
60%
80%
100%
120%
$40
$30
$20
$10
$0
$10
$20
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$10,922,874 $10,299,547 $10,660,166 $11,962,553 $11,630,339 $11,797,624 $12,088,438 $10,410,193
$10,969,618 $11,435,409 $11,002,414 $11,285,272 $11,921,400 $12,185,971 $12,466,394 $12,759,624 $46,744 $1,135,862 $342,248 $677,281 $291,061 $388,347 $377,956 $2,349,431
$9,862,038 $10,378,206 $10,683,244 $10,997,645 $11,324,054 $2,100,516 $1,252,133 $1,114,380 $1,090,793 $913,861
82.9% 92.2% 88.3% 82.7% 88.5% 89.2% 89.2% 106.1% 70.8% 75.2% 76.5% 77.1% 92.3%
$2,465,250 $1,329,388 $987,140 $1,664,421 $1,373,360 $985,014 $607,058 $1,742,373 $3,087,656 $4,339,788 $5,454,168 $6,544,962 $5,631,100
Source: Wayne Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Wayne Local School District will have an ending cash balance in 2015 of $1.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $5.6 million.
Wayne Local School DistrictOHIO | WARREN COUNTY
$9
$10
$11
$12
$13
70%
80%
90%
100%
110%
$2
$0
$2
$4
$6
$8
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$9,291,660 $9,475,820 $9,399,254 $9,257,760 $9,167,011 $9,206,736 $8,271,712 $7,576,890
$9,398,331 $9,671,357 $9,425,585 $9,212,649 $9,325,419 $9,411,277 $9,649,766 $9,867,014 $106,672 $195,537 $26,330 $45,111 $158,407 $204,541 $1,378,054 $2,290,124
$9,011,047 $8,914,464 $9,117,242 $9,343,031 $9,579,953 $246,713 $252,547 $89,494 $1,071,319 $2,003,063
79.8% 76.5% 75.8% 71.4% 76.7% 77.4% 88.9% 99.8% 69.3% 72.2% 74.2% 85.2% 96.0%
$1,768,622 $1,573,086 $1,546,756 $1,591,866 $1,433,459 $1,228,918 $149,136 $2,439,260 $1,793,469 $2,046,017 $2,135,511 $1,064,192 $938,871
Source: Belpre City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Belpre City School District will have an ending cash balance in 2015 of $2.4 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $938,871.
Belpre City School DistrictOHIO | WASHINGTON COUNTY
$7
$8
$9
$10
60%
70%
80%
90%
100%
$3
$2
$1
$0
$1
$2
$3
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$9,889,348 $9,815,737 $9,782,277 $9,776,710 $9,465,222 $9,433,836 $9,441,231 $9,450,116
$9,982,472 $9,854,939 $9,926,267 $9,794,126 $9,800,140 $9,841,341 $9,882,729 $9,891,342 $93,124 $39,202 $143,990 $17,416 $334,918 $407,505 $441,498 $441,225
$8,905,574 $9,092,064 $9,320,538 $9,556,215 $9,799,329 $871,136 $373,158 $113,298 $114,984 $349,213
78.4% 78.5% 77.3% 78.7% 81.7% 82.4% 82.7% 82.7% 69.7% 74.2% 76.9% 79.3% 81.7%
$369,105 $329,903 $185,913 $168,497 $166,422 $573,927 $1,015,425 $1,456,650 $1,057,049 $1,430,207 $1,543,505 $1,428,521 $1,079,308
Source: Fort Frye Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Fort Frye Local School District will have an ending cash balance in 2015 of $1.5 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.1 million.
Fort Frye Local School DistrictOHIO | WASHINGTON COUNTY
$8.8
$9.2
$9.6
$10.0
68%
72%
76%
80%
84%
$1.5
$1.0
$0.5
$0.0
$0.5
$1.0
$1.5
$2.0
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$6,919,253 $6,984,289 $6,893,055 $6,976,281 $6,760,575 $6,667,182 $6,981,252 $7,077,136
$6,952,959 $6,317,331 $6,543,551 $6,921,923 $7,147,115 $7,164,259 $7,415,883 $7,613,983 $33,706 $666,958 $349,504 $54,358 $386,539 $497,077 $434,631 $536,847
$6,273,499 $6,296,558 $6,369,102 $6,517,962 $6,677,317 $702,782 $464,017 $298,080 $463,290 $399,819
76.5% 67.0% 67.1% 68.9% 76.1% 78.4% 78.4% 79.9% 59.6% 63.5% 66.5% 65.5% 66.7%
$625,414 $1,292,372 $1,641,876 $1,696,234 $1,309,695 $812,617 $377,986 $158,860 $2,344,658 $2,808,675 $3,106,754 $3,570,044 $3,969,863
Source: Frontier Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Frontier Local School District will have an ending cash balance in 2015 of $158,860. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $4 million.
Frontier Local School DistrictOHIO | WASHINGTON COUNTY
$6.0
$6.5
$7.0
$7.5
$8.0
50%
60%
70%
80%
$1
$0
$1
$2
$3
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$21,819,572 $21,913,879 $21,647,140 $21,355,869 $20,912,576 $19,824,118 $19,597,872 $19,601,093
$21,828,856 $21,860,216 $22,056,115 $21,884,781 $22,521,091 $23,939,113 $24,900,714 $25,866,979 $9,284 $53,663 $408,975 $528,911 $1,608,515 $4,114,996 $5,302,843 $6,265,887
$20,232,595 $20,708,868 $21,308,092 $21,892,670 $22,433,794 $1,123,274 $203,708 $1,483,974 $2,294,798 $2,832,701
81.4% 81.2% 83.1% 83.5% 88.5% 100.2% 106.1% 111.2% 75.8% 79.9% 86.9% 90.7% 93.6%
$3,012,740 $3,066,403 $2,657,428 $2,128,517 $520,001 $3,594,994 $8,897,837 $15,163,724 $3,780,702 $3,984,410 $2,500,436 $205,638 $2,627,063
Source: Marietta City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Mariea City School District will have an ending cash balance in 2015 of $15.2 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.6 million.
Marietta City School DistrictOHIO | WASHINGTON COUNTY
$18
$20
$22
$24
$26
60%
80%
100%
120%
$16
$12
$8
$4
$0
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$20,555,518 $21,633,475 $20,469,213 $20,366,551 $20,072,755 $19,483,334 $19,103,310 $17,989,284
$20,617,945 $20,266,044 $19,928,732 $19,953,734 $20,611,549 $22,139,173 $23,336,406 $23,969,288 $62,427 $1,367,431 $540,481 $412,817 $538,795 $2,655,839 $4,233,097 $5,980,004
$18,666,265 $19,415,758 $20,676,516 $21,636,831 $21,962,767 $1,700,286 $656,997 $1,193,182 $2,533,521 $3,973,483
82.0% 73.4% 76.1% 75.2% 78.0% 84.1% 89.6% 99.5% 68.8% 72.1% 76.6% 80.7% 88.4%
$1,337,088 $2,704,519 $3,245,000 $3,657,817 $3,119,022 $463,183 $3,769,914 $9,749,917 $4,945,286 $5,602,283 $4,409,101 $1,875,580 $2,097,903
Source: Warren Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Warren Local School District will have an ending cash balance in 2015 of $9.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.1 million.
Warren Local School DistrictOHIO | WASHINGTON COUNTY
$16
$18
$20
$22
$24
60%
70%
80%
90%
100%
$12
$9
$6
$3
$0
$3
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$6,982,445 $7,335,957 $7,476,537 $7,517,762 $7,470,988 $7,048,300 $6,493,694 $6,423,493
$5,782,137 $5,944,157 $5,880,553 $6,181,438 $6,672,302 $7,205,498 $7,785,499 $8,417,336 $1,200,308 $1,391,800 $1,595,984 $1,336,324 $798,686 $157,198 $1,291,805 $1,993,842
$5,339,825 $5,466,755 $5,597,747 $5,732,929 $5,872,439 $2,177,937 $2,004,233 $1,450,553 $760,765 $551,054
64.5% 61.3% 58.9% 64.0% 70.9% 82.7% 98.7% 109.7% 52.8% 54.8% 59.9% 67.1% 70.0%
$3,891,250 $5,283,050 $6,879,034 $8,215,358 $9,014,044 $8,856,846 $7,565,041 $5,571,205 $9,056,971 $11,061,203 $12,511,757 $13,272,522 $13,823,576
Source: Wolf Creek Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Wolf Creek Local School District will have an ending cash balance in 2015 of $5.6 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $13.8 million.
Wolf Creek Local School DistrictOHIO | WASHINGTON COUNTY
$5
$6
$7
$8
$9
40%
60%
80%
100%
120%
$0
$2
$4
$6
$8
$10
$12
$14
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$9,938,411 $10,902,313 $10,972,124 $10,492,379 $10,243,200 $9,916,600 $10,123,300 $10,329,050
$9,197,970 $9,500,046 $9,985,730 $10,205,300 $10,498,950 $10,910,350 $11,349,850 $11,783,900 $740,441 $1,402,267 $986,394 $287,079 $255,750 $993,750 $1,226,550 $1,454,850
$9,090,775 $9,348,093 $9,650,530 $9,970,973 $10,289,720 $1,401,604 $895,107 $266,070 $152,327 $39,330
75.5% 71.0% 73.9% 80.1% 84.7% 91.0% 92.8% 94.6% 69.5% 73.5% 78.3% 79.2% 80.1%
$2,273,025 $3,675,292 $4,661,686 $4,948,765 $4,693,015 $3,699,265 $2,472,715 $1,017,865 $6,063,290 $6,958,397 $7,224,467 $7,376,793 $7,416,123
Source: Chippewa Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Chippewa Local School District will have an ending cash balance in 2015 of $1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $7.4 million.
Chippewa Local School DistrictOHIO | WAYNE COUNTY
$9
$10
$11
$12
60%
70%
80%
90%
100%
$0
$2
$4
$6
$8
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$7,445,297 $7,738,405 $7,907,183 $7,961,356 $7,432,889 $7,476,404 $7,440,408 $7,536,607
$7,363,606 $7,654,875 $8,079,124 $7,898,474 $7,675,567 $7,870,504 $8,124,945 $8,390,257 $81,691 $83,530 $171,941 $62,882 $242,678 $394,100 $684,537 $853,650
$7,397,281 $7,517,941 $7,740,780 $7,970,428 $8,204,170 $564,075 $85,052 $264,376 $530,020 $667,563
82.1% 81.8% 84.6% 81.9% 85.7% 87.5% 91.0% 93.1% 75.6% 83.6% 85.7% 88.9% 90.6%
$523,668 $607,198 $435,257 $498,139 $255,461 $138,639 $823,176 $1,676,826 $999,332 $914,280 $649,903 $119,884 $547,680
Source: Dalton Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Dalton Local School District will have an ending cash balance in 2015 of $1.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $547,680.
Dalton Local School DistrictOHIO | WAYNE COUNTY
$7.2
$7.5
$7.8
$8.1
$8.4
75%
80%
85%
90%
95%
$2.0
$1.5
$1.0
$0.5
$0.0
$0.5
$1.0
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$10,558,012 $10,563,663 $10,563,794 $10,433,595 $9,985,864 $9,416,455 $9,188,008 $9,097,133
$10,205,726 $9,968,652 $10,042,872 $10,177,758 $10,790,307 $11,102,809 $11,479,307 $12,003,970 $352,286 $595,011 $520,922 $255,836 $804,443 $1,686,354 $2,291,298 $2,906,837
$9,235,188 $9,580,184 $9,887,128 $10,203,410 $10,529,321 $1,198,407 $405,680 $470,673 $1,015,402 $1,432,188
76.9% 74.6% 75.2% 77.6% 86.1% 93.8% 99.5% 105.4% 68.6% 73.9% 80.9% 85.6% 89.2%
$595,041 $1,190,052 $1,710,974 $1,966,810 $1,162,367 $523,987 $2,815,285 $5,722,122 $2,909,381 $3,315,061 $2,844,388 $1,828,987 $396,799
Source: Green Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Green Local School District will have an ending cash balance in 2015 of $5.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $396,799.
Green Local School DistrictOHIO | WAYNE COUNTY
$9
$10
$11
$12
$13
60%
80%
100%
120%
$6
$4
$2
$0
$2
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$11,548,674 $11,651,922 $11,875,217 $12,060,970 $12,025,252 $11,724,776 $11,822,889 $11,926,846
$11,276,647 $11,963,294 $11,564,232 $12,324,832 $12,547,269 $12,735,117 $13,028,848 $13,366,160 $272,027 $311,372 $310,985 $263,862 $522,017 $1,010,341 $1,205,959 $1,439,314
$10,903,712 $11,205,618 $11,516,726 $11,837,328 $12,167,721 $1,157,258 $819,634 $208,050 $14,439 $240,875
82.9% 86.9% 82.2% 84.6% 86.5% 90.2% 91.7% 93.6% 72.8% 75.4% 79.8% 81.7% 83.5%
$1,643,605 $1,332,233 $1,643,218 $1,379,356 $857,339 $153,003 $1,358,961 $2,798,275 $2,800,476 $3,620,111 $3,828,161 $3,813,721 $3,572,846
Source: Northwestern Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Northwestern Local School District will have an ending cash balance in 2015 of $2.8 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $3.6 million.
Northwestern Local School DistrictOHIO | WAYNE COUNTY
$10
$11
$12
$13
$14
70%
80%
90%
100%
$3
$2
$1
$0
$1
$2
$3
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$10,221,569 $10,228,042 $10,417,088 $10,577,984 $10,607,568 $10,212,123 $10,079,645 $10,116,199
$10,087,436 $10,838,323 $10,358,345 $10,982,977 $12,034,989 $12,073,839 $12,493,807 $13,100,722 $134,133 $610,281 $58,743 $404,993 $1,427,421 $1,861,716 $2,414,162 $2,984,523
$9,850,907 $10,680,143 $10,632,534 $10,937,968 $11,342,746 $727,077 $72,575 $420,411 $858,323 $1,226,547
74.7% 79.1% 78.2% 80.0% 84.1% 90.5% 95.3% 99.5% 69.3% 71.3% 76.4% 79.9% 82.2%
$4,676,626 $4,066,345 $4,125,088 $3,720,095 $2,292,674 $430,958 $1,983,204 $4,967,727 $4,852,165 $4,779,590 $4,359,179 $3,500,856 $2,274,309
Source: Norwayne Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Norwayne Local School District will have an ending cash balance in 2015 of $5 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.3 million.
Norwayne Local School DistrictOHIO | WAYNE COUNTY
$8
$10
$12
$14
60%
70%
80%
90%
100%
$6
$4
$2
$0
$2
$4
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$14,230,424 $13,882,257 $14,227,252 $14,393,524 $14,989,160 $14,794,826 $14,609,088 $14,427,133
$14,196,641 $14,381,435 $14,782,261 $14,576,406 $14,887,240 $14,908,729 $15,272,972 $15,773,558 $33,783 $499,178 $555,009 $182,882 $101,920 $113,903 $663,884 $1,346,425
$13,518,906 $13,872,352 $14,266,613 $14,672,992 $15,091,864 $874,618 $1,116,808 $528,213 $63,904 $664,731
82.1% 84.1% 83.4% 81.5% 80.3% 81.2% 84.4% 88.7% 74.2% 73.5% 76.9% 80.3% 83.9%
$2,004,268 $1,505,090 $950,081 $767,199 $869,119 $755,216 $91,332 $1,255,093 $1,824,699 $2,941,507 $3,469,720 $3,405,816 $2,741,085
Source: Orrville City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Orrville City School District will have an ending cash balance in 2015 of $1.3 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.7 million.
Orrville City School DistrictOHIO | WAYNE COUNTY
$13
$14
$15
$16
70%
75%
80%
85%
90%
$2
$1
$0
$1
$2
$3
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$8,493,410 $9,811,329 $8,951,083 $9,104,800 $8,567,947 $7,926,800 $7,976,800 $7,826,800
$7,509,124 $9,093,493 $8,655,560 $9,200,144 $9,346,381 $9,618,382 $9,905,497 $10,184,784 $984,286 $717,836 $295,523 $95,344 $778,434 $1,691,582 $1,928,697 $2,357,984
$8,098,103 $8,273,843 $8,506,315 $8,745,724 $8,992,283 $1,006,697 $294,104 $579,515 $768,924 $1,165,483
67.4% 61.7% 71.7% 75.5% 82.1% 91.6% 94.1% 98.9% 63.4% 69.5% 77.6% 79.5% 83.7%
$2,778,290 $3,496,126 $3,791,649 $3,696,305 $2,917,871 $1,226,289 $702,408 $3,060,392 $4,798,346 $5,092,450 $4,512,934 $3,744,010 $2,578,527
Source: Rittman Exempted Village School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Riman Exempted Village School District will have an ending cash balance in 2015 of $3.1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.6 million.
Rittman Exempted Village School DistrictOHIO | WAYNE COUNTY
$7
$8
$9
$10
$11
60%
70%
80%
90%
100%
$4
$2
$0
$2
$4
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$12,973,162 $12,977,731 $13,162,371 $13,090,200 $12,945,281 $12,898,398 $12,526,134 $12,636,626
$12,956,032 $13,712,306 $13,769,894 $13,641,970 $14,056,125 $14,547,992 $14,968,318 $15,457,975 $17,130 $734,575 $607,523 $551,770 $1,110,844 $1,649,594 $2,442,183 $2,821,349
$12,607,236 $12,978,392 $13,397,958 $13,731,389 $14,117,969 $482,964 $33,111 $499,560 $1,205,255 $1,481,343
82.4% 88.4% 90.4% 89.7% 93.7% 97.3% 103.8% 106.7% 81.8% 85.4% 88.4% 94.0% 96.1%
$2,683,447 $1,948,872 $1,341,350 $789,580 $321,264 $1,970,857 $4,413,041 $7,234,389 $1,824,314 $1,791,203 $1,291,643 $86,389 $1,394,954
Source: Southeast Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Southeast Local School District will have an ending cash balance in 2015 of $7.2 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.4 million.
Southeast Local School DistrictOHIO | WAYNE COUNTY
$12
$13
$14
$15
$16
80%
90%
100%
110%
$8
$6
$4
$2
$0
$2
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$16,305,272 $16,110,610 $16,105,401 $16,166,277 $15,006,996 $14,884,180 $14,750,986 $14,225,033
$16,131,575 $16,599,636 $16,191,714 $16,391,531 $16,679,106 $16,973,480 $17,115,212 $17,326,229 $173,697 $489,026 $86,313 $225,254 $1,672,110 $2,089,300 $2,364,226 $3,101,196
$14,684,139 $15,166,083 $15,572,722 $15,993,665 $16,458,538 $1,482,138 $159,087 $688,542 $1,242,679 $2,233,505
79.5% 83.8% 84.6% 86.4% 94.4% 97.1% 98.9% 103.8% 75.8% 84.3% 87.7% 91.3% 97.7%
$2,744,146 $2,255,120 $2,168,807 $1,943,553 $271,443 $1,817,857 $4,182,083 $7,283,279 $3,650,945 $3,491,857 $2,803,315 $1,560,636 $672,869
Source: Triway Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Triway Local School District will have an ending cash balance in 2015 of $7.3 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $672,869.
Triway Local School DistrictOHIO | WAYNE COUNTY
$14
$15
$16
$17
$18
70%
80%
90%
100%
110%
$8
$6
$4
$2
$0
$2
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$40,796,593 $39,885,249 $39,121,928 $41,196,500 $42,796,880 $42,422,400 $39,198,965 $38,393,100
$37,468,312 $37,636,886 $40,020,104 $40,656,561 $42,275,953 $43,123,367 $43,868,699 $44,582,324 $3,328,281 $2,248,363 $898,176 $539,939 $520,927 $700,967 $4,669,734 $6,189,224
$36,651,353 $37,730,847 $38,815,927 $39,937,751 $41,070,981 $4,545,147 $5,066,033 $3,606,473 $738,786 $2,677,881
72.1% 74.6% 78.2% 76.6% 77.0% 79.3% 87.2% 90.5% 66.8% 66.4% 69.1% 77.2% 81.4%
$15,134,116 $17,382,479 $16,484,303 $17,024,242 $17,545,169 $16,844,202 $12,174,468 $5,985,244 $21,029,450 $26,095,483 $29,701,956 $28,963,171 $26,285,290
Source: Wooster City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Wooster City School District will have an ending cash balance in 2015 of $6 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $26.3 million.
Wooster City School DistrictOHIO | WAYNE COUNTY
$36
$39
$42
$45
60%
70%
80%
90%
100%
$0
$5
$10
$15
$20
$25
$30
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$19,503,305 $20,021,138 $19,553,006 $18,938,300 $17,221,600 $16,172,500 $14,686,600 $14,176,600
$17,057,006 $17,944,542 $18,280,471 $19,074,821 $20,216,085 $20,995,142 $21,809,924 $22,662,379 $2,446,299 $2,076,596 $1,272,535 $136,521 $2,994,485 $4,822,642 $7,123,324 $8,485,779
$17,201,064 $17,580,177 $18,131,126 $18,699,439 $19,285,672 $1,737,236 $358,577 $1,958,626 $4,012,839 $5,109,072
71.5% 74.7% 78.6% 83.0% 98.2% 108.8% 124.7% 134.5% 73.1% 82.9% 91.1% 103.5% 110.7%
$5,123,302 $7,199,898 $8,472,433 $8,335,912 $5,341,427 $518,785 $6,604,539 $15,090,318 $10,209,668 $9,851,092 $7,892,466 $3,879,627 $1,229,444
Source: Bryan City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Bryan City School District will have an ending cash balance in 2015 of $15.1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.2 million.
Bryan City School DistrictOHIO | WILLIAMS COUNTY
$12
$15
$18
$21
$24
60%
80%
100%
120%
140%
$16
$12
$8
$4
$0
$4
$8
$12
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$5,346,330 $5,199,447 $5,572,416 $5,618,207 $5,042,294 $5,047,294 $4,898,694 $4,864,201
$5,158,664 $5,287,717 $5,666,339 $5,487,435 $5,629,397 $5,769,701 $5,883,536 $6,292,870 $187,666 $88,270 $93,923 $130,772 $587,103 $722,407 $984,842 $1,428,669
$4,987,517 $5,101,358 $5,218,841 $5,340,084 $5,465,207 $630,690 $59,064 $171,547 $441,390 $601,006
72.1% 72.7% 70.9% 72.2% 83.3% 86.0% 90.9% 100.0% 63.3% 72.8% 75.1% 79.8% 83.0%
$1,691,428 $1,603,158 $1,509,235 $1,640,007 $1,052,904 $330,497 $654,345 $2,083,014 $2,139,925 $2,080,861 $1,909,314 $1,467,923 $866,917
Source: Edgerton Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Edgerton Local School District will have an ending cash balance in 2015 of $2.1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $866,917.
Edgerton Local School DistrictOHIO | WILLIAMS COUNTY
$4.8
$5.2
$5.6
$6.0
$6.4
60%
70%
80%
90%
100%
$3
$2
$1
$0
$1
$2
$3
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$5,465,199 $5,128,502 $5,316,617 $5,174,448 $5,136,395 $5,165,962 $5,113,977 $5,139,834
$5,303,725 $5,699,775 $5,474,979 $5,321,913 $5,665,694 $5,793,417 $6,093,400 $6,322,412 $161,474 $571,273 $158,362 $147,464 $529,299 $627,455 $979,422 $1,182,577
$5,048,515 $5,278,289 $5,365,201 $5,529,973 $5,699,948 $125,933 $141,894 $199,239 $415,996 $560,114
72.9% 81.9% 79.7% 79.0% 84.2% 86.9% 93.0% 96.3% 73.7% 76.6% 78.6% 82.0% 84.2%
$3,068,061 $2,496,788 $2,338,426 $2,190,962 $1,661,663 $1,034,208 $54,786 $1,127,792 $2,464,359 $2,322,464 $2,123,225 $1,707,229 $1,147,115
Source: Edon-Northwest Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Edon-Northwest Local School District will have an ending cash balance in 2015 of $1.1 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.1 million.
Edon-Northwest Local School DistrictOHIO | WILLIAMS COUNTY
$4.8
$5.2
$5.6
$6.0
$6.4
70%
80%
90%
100%
$2
$1
$0
$1
$2
$3
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$6,193,118 $5,816,377 $6,180,684 $5,966,604 $5,672,381 $5,475,546 $5,414,397 $5,247,449
$6,069,107 $6,010,708 $6,138,761 $6,224,240 $6,356,632 $6,640,680 $6,898,966 $7,105,998 $124,011 $194,331 $41,923 $257,636 $684,251 $1,165,134 $1,484,569 $1,858,549
$5,880,731 $5,992,500 $6,157,519 $6,385,254 $6,559,762 $85,873 $320,119 $681,973 $970,857 $1,312,313
74.4% 81.2% 73.8% 74.6% 81.1% 88.7% 92.9% 99.2% 68.8% 74.7% 79.9% 83.4% 88.8%
$1,187,261 $992,930 $1,034,853 $777,217 $92,966 $1,072,168 $2,556,737 $4,415,286 $1,120,726 $800,608 $118,634 $852,222 $2,164,535
Source: Millcreek-West Unity Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Millcreek-West Unity Local School District will have an ending cash balance in 2015 of $4.4 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $2.2 million.
Millcreek-West Unity Local School DistrictOHIO | WILLIAMS COUNTY
$5
$6
$7
$8
60%
70%
80%
90%
100%
$5
$4
$3
$2
$1
$0
$1
$2
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$9,311,220 $9,134,686 $9,084,351 $9,141,732 $8,558,979 $8,587,462 $8,381,352 $8,339,183
$9,104,228 $9,635,809 $9,785,125 $9,157,561 $9,538,297 $9,563,383 $9,735,480 $9,904,450 $206,992 $501,123 $700,774 $15,829 $979,319 $975,922 $1,354,128 $1,565,267
$8,688,541 $8,880,736 $9,129,758 $9,389,203 $9,648,843 $453,191 $321,757 $542,296 $1,007,851 $1,309,660
71.8% 74.9% 76.9% 73.9% 83.5% 83.0% 86.6% 88.6% 68.8% 75.8% 78.0% 82.4% 85.5%
$2,302,807 $1,801,684 $1,100,910 $1,085,081 $105,763 $870,159 $2,224,287 $3,789,554 $1,554,101 $1,232,344 $690,048 $317,803 $1,627,463
Source: Montpelier Exempted Village School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Montpelier Exempted Village School District will have an ending cash balance in 2015 of $3.8 million. As shown in the revised gures below, by reducing compensation pack-age costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.6 million.
Montpelier Exempted Village School DistrictOHIO | WILLIAMS COUNTY
$8.0
$8.5
$9.0
$9.5
$10.0
60%
70%
80%
90%
$4
$3
$2
$1
$0
$1
$2
$3
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$6,342,559 $6,571,220 $6,805,144 $6,905,648 $6,440,619 $6,491,014 $6,187,369 $6,237,781
$6,366,041 $6,594,695 $6,717,032 $6,847,518 $6,450,924 $6,558,700 $6,739,496 $6,926,347 $23,482 $23,475 $88,112 $58,130 $10,305 $67,686 $552,127 $688,566
$6,235,463 $5,990,099 $6,149,755 $6,314,593 $6,484,785 $670,185 $450,520 $341,259 $127,224 $247,004
71.3% 70.8% 72.6% 73.3% 78.4% 79.3% 85.9% 88.0% 64.4% 71.3% 73.0% 79.0% 80.9%
$1,910,252 $1,886,777 $1,974,889 $2,033,019 $2,022,714 $1,955,028 $1,402,901 $714,335 $2,645,074 $3,095,594 $3,436,854 $3,309,630 $3,062,626
Source: North Central Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the North Central Local School District will have an ending cash balance in 2015 of $714,335. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $3.1 million.
North Central Local School DistrictOHIO | WILLIAMS COUNTY
$5.6
$6.0
$6.4
$6.8
$7.2
60%
70%
80%
90%
$0.0
$0.5
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$4,378,965 $4,392,003 $4,520,458 $4,510,102 $4,155,772 $4,131,915 $4,090,689 $4,310,173
$4,078,395 $4,726,643 $4,586,468 $4,414,204 $4,580,693 $4,723,043 $4,725,381 $5,038,079 $300,570 $334,640 $66,009 $95,899 $424,921 $591,128 $634,692 $727,906
$3,971,334 $4,042,841 $4,167,439 $4,255,501 $4,399,708 $538,768 $112,931 $35,524 $164,812 $89,535
70.0% 70.1% 66.5% 69.8% 80.1% 83.1% 84.1% 86.0% 60.0% 67.1% 69.7% 72.6% 71.2%
$1,113,575 $778,935 $712,925 $808,824 $383,903 $207,225 $841,917 $1,569,824 $1,251,693 $1,364,624 $1,329,100 $1,164,288 $1,074,753
Source: Stryker Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Stryker Local School District will have an ending cash balance in 2015 of $1.6 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $1.1 million.
Stryker Local School DistrictOHIO | WILLIAMS COUNTY
$3.9
$4.2
$4.5
$4.8
$5.1
50%
60%
70%
80%
90%
$2.0
$1.5
$1.0
$0.5
$0.0
$0.5
$1.0
$1.5
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$30,552,247 $30,296,341 $28,837,283 $28,646,680 $27,935,433 $27,710,870 $26,844,852 $27,065,732
$29,824,707 $30,617,832 $29,083,846 $31,773,720 $32,776,560 $32,713,958 $33,700,287 $35,138,471 $727,540 $321,491 $246,563 $3,127,040 $4,841,127 $5,003,088 $6,855,435 $8,072,739
$27,683,964 $28,280,547 $29,087,984 $29,819,883 $30,505,789 $962,716 $345,114 $1,377,114 $2,975,031 $3,440,057
80.0% 81.6% 82.3% 88.8% 95.0% 95.2% 101.9% 106.6% 74.6% 78.9% 82.1% 87.4% 89.5%
$8,476,811 $8,155,320 $7,908,757 $4,781,717 $59,409 $5,062,497 $11,917,933 $19,990,672 $8,871,474 $8,526,360 $7,149,246 $4,174,215 $734,158
Source: Bowling Green City School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Bowling Green City School District will have an ending cash balance in 2015 of $20 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $734,158.
Bowling Green City School DistrictOHIO | WOOD COUNTY
$24
$27
$30
$33
$36
70%
80%
90%
100%
110%
$20
$15
$10
$5
$0
$5
$10
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$15,209,285 $15,317,026 $15,421,178 $14,499,809 $14,023,509 $13,528,509 $13,528,509 $13,528,509
$13,604,082 $14,004,141 $13,989,767 $14,365,890 $14,940,000 $15,335,000 $15,810,000 $16,195,000 $1,605,203 $1,312,885 $1,431,411 $133,919 $916,491 $1,806,491 $2,281,491 $2,666,491
$12,743,545 $13,368,162 $13,830,943 $14,319,214 $14,753,308 $1,756,264 $655,347 $302,434 $790,705 $1,224,799
70.3% 71.9% 71.5% 79.6% 84.3% 89.3% 91.7% 93.9% 68.5% 73.0% 78.1% 80.6% 83.2%
$4,031,073 $5,343,958 $6,775,369 $6,909,288 $5,992,797 $4,186,306 $1,904,815 $761,676 $8,531,633 $9,186,980 $8,884,546 $8,093,841 $6,869,042
Source: Eastwood Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Eastwood Local School District will have an ending cash balance in 2015 of $761,676. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $6.9 million.
Eastwood Local School DistrictOHIO | WOOD COUNTY
$12
$14
$16
$18
60%
70%
80%
90%
100%
$2
$0
$2
$4
$6
$8
$10
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$10,516,721 $11,071,063 $11,122,870 $11,567,522 $10,754,727 $10,814,340 $10,962,866 $11,116,223
$10,552,896 $10,945,625 $11,011,154 $11,673,052 $11,882,982 $12,463,901 $12,760,834 $13,380,746 $36,175 $125,438 $111,716 $105,530 $1,128,255 $1,649,561 $1,797,969 $2,264,523
$10,750,082 $10,923,800 $11,410,541 $11,604,683 $12,112,489 $817,440 $169,073 $596,201 $641,817 $996,266
78.5% 75.2% 80.6% 77.7% 86.3% 89.2% 91.4% 93.7% 69.7% 77.4% 79.4% 80.9% 82.3%
$5,289,651 $5,415,089 $5,526,805 $5,421,275 $4,293,020 $2,643,458 $845,490 $1,419,033 $6,344,244 $6,175,172 $5,578,970 $4,937,153 $3,940,887
Source: Elmwood Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Elmwood Local School District will have an ending cash balance in 2015 of $1.4 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $3.9 million.
Elmwood Local School DistrictOHIO | WOOD COUNTY
$10
$11
$12
$13
$14
60%
70%
80%
90%
100%
$2
$0
$2
$4
$6
$8
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$13,980,877 $13,682,062 $13,448,095 $13,332,784 $11,958,244 $11,191,553 $11,068,906 $10,952,412
$13,420,243 $13,478,971 $14,097,530 $13,909,697 $14,288,058 $14,876,304 $15,474,577 $15,892,349 $560,634 $203,091 $649,435 $576,913 $2,329,814 $3,684,751 $4,405,671 $4,939,937
$12,847,838 $13,232,125 $13,666,249 $14,005,009 $14,353,734 $484,946 $1,273,881 $2,474,696 $2,936,103 $3,401,322
69.8% 71.3% 75.3% 76.4% 87.5% 97.6% 103.8% 108.5% 68.4% 78.7% 86.8% 90.5% 94.4%
$3,163,179 $3,366,270 $2,716,835 $2,139,922 $189,892 $3,874,643 $8,280,314 $13,220,251 $3,201,781 $1,927,900 $546,797 $3,482,900 $6,884,222
Source: Lake Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Lake Local School District will have an ending cash balance in 2015 of $13.2 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $6.9 million.
Lake Local School DistrictOHIO | WOOD COUNTY
$10
$12
$14
$16
60%
80%
100%
120%
$15
$12
$9
$6
$3
$0
$3
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$6,429,164 $7,657,543 $7,280,927 $7,474,909 $7,053,973 $6,599,060 $5,914,505 $5,580,446
$6,982,226 $7,257,582 $7,347,488 $7,672,250 $7,984,156 $8,311,369 $8,654,639 $9,014,756 $553,062 $399,961 $66,561 $197,341 $930,183 $1,712,309 $2,740,134 $3,434,310
$7,036,820 $7,242,459 $7,455,790 $7,677,114 $7,906,746 $438,088 $188,486 $856,730 $1,762,609 $2,326,300
74.3% 64.1% 68.6% 68.7% 76.3% 85.5% 100.1% 111.3% 60.2% 65.8% 72.6% 83.6% 91.4%
$1,345,559 $1,745,520 $1,678,959 $1,481,618 $551,435 $1,160,874 $3,901,008 $7,335,318 $2,117,048 $1,928,562 $1,071,831 $690,777 $3,017,077
Source: North Baltimore Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the North Baltimore Local School District will have an ending cash balance in 2015 of $7.3 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $3 million.
North Baltimore Local School DistrictOHIO | WOOD COUNTY
$4
$6
$8
$10
60%
80%
100%
120%
$8
$6
$4
$2
$0
$2
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$9,755,687 $10,741,169 $10,169,474 $9,793,525 $9,429,204 $9,101,531 $9,028,866 $9,000,143
$9,237,214 $9,574,752 $9,973,979 $9,925,262 $10,003,845 $10,264,544 $10,240,908 $10,565,847 $518,473 $1,166,417 $195,495 $131,736 $574,641 $1,163,013 $1,212,042 $1,565,704
$9,326,451 $9,552,660 $9,761,314 $9,679,521 $9,885,360 $467,074 $123,456 $659,783 $650,655 $885,217
65.8% 59.3% 63.9% 65.9% 68.8% 74.0% 77.5% 81.3% 59.8% 64.1% 68.5% 71.2% 73.8%
$1,419,736 $2,586,153 $2,781,648 $2,649,912 $2,075,271 $912,259 $299,783 $1,865,487 $3,248,722 $3,125,265 $2,465,482 $1,814,827 $929,610
Source: Northwood Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Northwood Local School District will have an ending cash balance in 2015 of $1.9 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $929,610.
Northwood Local School DistrictOHIO | WOOD COUNTY
$9.0
$9.5
$10.0
$10.5
$11.0
50%
60%
70%
80%
90%
$2
$1
$0
$1
$2
$3
$4
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$13,720,522 $13,710,312 $13,207,657 $13,409,782 $13,214,306 $12,654,222 $12,654,222 $12,654,222
$14,401,696 $13,902,737 $13,057,733 $13,190,840 $13,434,253 $13,456,857 $13,784,477 $14,158,802 $681,174 $192,425 $149,924 $218,942 $219,947 $802,635 $1,130,255 $1,504,580
$11,285,386 $11,570,453 $11,933,294 $12,282,572 $12,666,712 $2,124,396 $1,643,853 $720,928 $371,650 $12,490
73.2% 69.9% 69.8% 76.1% 78.9% 81.9% 84.0% 86.2% 61.9% 64.8% 69.9% 72.1% 74.4%
$805,045 $612,620 $762,544 $981,486 $761,539 $41,096 $1,171,351 $2,675,931 $2,886,940 $4,530,793 $5,251,722 $5,623,371 $5,610,881
Source: Otsego Local School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Otsego Local School District will have an ending cash balance in 2015 of $2.7 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $5.6 million.
Otsego Local School DistrictOHIO | WOOD COUNTY
$11
$12
$13
$14
$15
60%
70%
80%
90%
$4
$2
$0
$2
$4
$6
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Projected RevenueProjected ExpendituresRevised Expenditures
Projected Revised
Projected Revised
Ending Cash BalanceIn Millions of Dollars
Personnel CostsAs Percentage of All Revenues
THE BUCKEYE INSTITUTE for PUBLIC POLICY SOLUTIONS
Note: These projections do not reflect all of the anticipated cuts to the state budget that will further impact the projected revenues.
$38,675,002 $39,671,551 $38,992,024 $39,788,512 $38,956,750 $35,764,702 $33,280,413 $34,220,036
$38,523,453 $39,669,221 $41,123,021 $39,830,494 $39,701,579 $40,441,741 $41,172,745 $41,897,787 $151,549 $2,329 $2,130,997 $41,982 $744,829 $4,677,039 $7,892,332 $7,677,751
$36,798,201 $37,261,343 $38,369,562 $39,509,724 $40,622,852 $2,990,311 $1,695,407 $2,604,860 $6,229,311 $6,402,816
79.2% 80.4% 86.1% 83.6% 86.3% 95.8% 104.8% 103.9% 76.0% 80.1% 90.0% 99.8% 100.2%
$2,231,290 $2,233,620 $102,622 $60,640 $684,189 $5,361,228 $13,253,560 $20,931,311 $3,092,933 $4,788,340 $2,183,479 $4,045,832 $10,448,647
Source: Perrysburg Exempted Village School District data provided for the Ohio Department of Education, at http://fyf.oecn.k12.oh.us/ViewForecast.
According to its own ve-year projections, the Perrysburg Exempted Village School District will have an ending cash balance in 2015 of $20.9 million. As shown in the revised gures below, by reducing compensation package costs by 10 percent and limiting future growth to 3.2 percent, the ending cash balance would be $10.4 million.
Perrysburg Exempted Village School DistrictOHIO | WOOD COUNTY
$33
$36
$39
$42
70%
80%
90%
100%
110%
$25
$20
$15
$10
$5
$0
$5
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
2008 09 10 11 12 13 14 2015Actual Projected
Actual ProjectedSchool District Data
Total Revenues
Total Expenditures Surplus/Decit
Revised Expenditures Revised Surplus/Decit
As % of Total Revenues Personnel Costs Revised Personnel Costs
Ending Cash Balance Revised Ending Cash Balance
2008 2009 2010 2011 2012 2013 2014 2015
Revenues & ExpendituresIn Millions of Dollars
Proj