1. Reynoldsburg city school district
FY2017 Five-Year Forecast

2. Property Values CY2008 – CY2017 $’s in Millions

3. Property tax collections Real estate & rollback/homestead FY2008 – FY2017

4. Property Tax/Property Tax Allocation
FY2014
FY2015
FY2016
FY2017
Estimate
Real Estate Taxes
$21,524,901
$21,758,655
$21,784,336
$22,072,364
Rollback and Hmstd
$2,960,439
$2,988,871
$2,954,856
$2,995,211
Total
$24,485,340
$24,747,526
$24,739,192
$25,067,575
In addition to property values, the following impact tax collections:
Delinquencies
Payments of back taxes
Revisions to property values/refunds
Timing of payments (tax payers paying the full amount rather then in 2 halves)
Reappraisal effective 1/1/18 (2nd half of FY18)
Triennial Update effective 1/1/21 (2nd half of FY21)

5. Income tax

6. State funding
Biennial Budget
Biennial Budget

7. State funding March 2017 2017 Funding w/o Cap 2017 Capped Funding Diff
Base Funding
$36,303,394
$35,368,355
($935,039)
CTE
$97,328 $0
3rd Grade Guarantee
$64,507
Graduation
$99,202
Pre-School
$498,963
Spec Ed Transportation
$160,999
Total
$37,224,393
$36,289,354
FY2016 Adjustment *
($205,135)
$37,019,258
$36,084,219
Casino Revenue
$353,000
$37,372,258
$36,437,219
$36,238,550
Oct 2016 Estimate
$198,669
Difference
FY2016 Adjustment *
Pre-School Funding
($12,939)
Other Base Funding
$24
Open Enrollment In
$28,986
Community School
($34,048)
Stem School Trans
($530)
Scholarship Transfer
($186,941)
Other Adjustments
$313
Total
($205,135)
ADM
FY14
FY15
FY16
FY17
Total ADM
6624.4
Difference
-11.29
92.45
102.03

8. State Revenue May vs. October estimate

9. Other revenues

10. Other revenue FY2017

11. Open Enrollment Year # of Students Amount per Student Total $ Change
Est Millage
FY2013 Act
176
$5,704
$1,006,284
1.47
FY2014 Act
381
$5,745
$2,190,870
$1,184,586
118%
3.20
FY2015 Act
578
$5,800
$3,354,314
$1,163,444
53%
5.16
FY2016 Act
627
$5,900
$3,701,706
$347,392
10%
5.66
FY2017 Est
643
$6,000
$3,858,000
$156,294 4%
5.87
FY2018 Est $0 0%
FY2019 Est
FY2020 Est
FY2021 Est

12. Revenue in lieu of taxes (TIF revenue)

13. Salaries and benefits

14. Salaries and benefits
Include step increases for both classified and certified staff
Include a 1.9% increase for all staff through 2021, except a 3% increase for classified staff in 2018 per negotiated agreement
Include estimates for merit pay based on 2017
Placeholder for 3 positions in FY2018 (HR, Innovation, Partnerships)
Include a 0% increase in insurance rates effective 1/1/2018 and a 10% increase every January thereafter

15. Salary Breakdown FY2017
(excluding subs, supplemental pay, merit pay, etc.)

16. Purchased Services Special Ed Services & Tuition Technology Staff
College Credit Plus Tuition
Other Staff
Maintenance
Legal Fees
Meeting & Mileage
Fleet, Property, Liability Insurance
Utilities
Community School Deduction
Bus Repairs

17. Purchased services Special Ed Services & Tuition $3.0M
Utilities (Inc Phone & Connectivity)
$1.9M
Community School Deduction
$3.2M
Bldgs & Grounds Maint
$2.0M
Safety & Security
$0.6M
Building Budgets
$0.5M
College Credit Plus Tuition
All Other
$4.7M
Total
$16.4M

18. Community school deduction
Fiscal Year
Amount
% Change
2014
$3,637,929
-1%
2015
$3,547,816
-2%
2016
$3,458,587
-3%
2017 EST
$3,192,000
-8%
2018 EST
$3,287,760 3%
2019 EST
$3,386,393
2020 EST
$3,487,985
2021 EST
$3,592,624

19. College credit plus tuition
These are rough estimates as there is not enough historical data to provide reliable trends
Part of FY2017 costs may not be paid until FY2018 due to the timing of ODE deductions

20. Materials & supplies

21. Materials & supplies FY2017
The increase from 2016 is primarily due to maintenance and transportation purchases.
Textbooks for college credit plus also account for part of the increase.

22. The year-to-year changes in general fund capital outlay are due to fluctuations in the maintenance and technology purchases.
Note that most technology and maintenance capital outlay are purchased with non-general fund monies.
Capital outlay

23. Capital outlay FY2017

24. Other Expenditures
About 80% of this expenditure category is for fees paid to the county auditors and Ohio Department of Taxation for the collection of taxes.
The balance includes bank charges, audit fees, required ESC deduction, memberships and dues, etc.

25. Reynoldsburg City Schools greatly appreciates the community members for taking time to review this 5 year forecast.
If you have any questions, please feel free to contact Tammy Miller, Treasurer, at (614) or