1. Chillicothe CSD Five Year Forecast Update for May 2011 Filing
2/22/2011
Marysville Exempted Village School District General Fund Five Year Forecast July 1, 2018 Through June 30, 2023 April 23, 2019 Presented By Todd Johnson, Treasurer/CFO

2. Revenue Vs. Expenditure
• Thank you for renewing our operating levy!
Ending cash balance meets Board approved targets
through FY23

3. Ending Cash Balance
• End balance exceeds 1 month of exp throughout forecast
• Expenditures exceeds revenue by 1% in fiscal year end FY21

4. Est. General Fund Revenue Sources FY19
Revenues for FY19 on target, added TIF revenue to “Other”
Cap district in FY19, estimated to be on Formula in FY20

5. Overall Values Increased 1.2% TY 2018
Tax year 2018 AV up by 1.2% due to new construction
Next update in values is in 2019 to collect in 2020 Est. 5.1% overall increase in values for all classes including drop in CAUV values

6. Est. General Fund Expenditures FY19
Wages and benefits slightly under projections
Savings in Community School deduction and utilities

7. Levy History One new money issue has passed since 1998….
A 5.0 and 4.0 Mill Levy was passed in 2008…BUT
These levies were renewed into a single 9.0 mill levy in 2013
Prior to this levy the last new money issue was passed in 1998…a 8.9 Mill continuing levy
The 6.56 mill levy was renewed in November 2018…Thank You Residents!
This renewal, along with the no new millage PI levy, have provided long term fiscal stability through FY23 with NO ADDITIONAL TAXES!!

8. Items to Consider About Our Finances
SB208 Phases Out our TPP reimbursements beginning FY18 until gone in FY26
New state budget HB49 reduced Cap from 5% to 3% and has very little increase in money for us
We anticipate that we will receive increases in FY20-23 state budgets under either HB166 or Cupp/Patterson but we have no authoritative data to forecast at this time
Other proposals like College Credit Plus and Special Ed. Scholarships are expected to increase our costs going forward are continued in HB166
We will need to watch the new state budget deliberations closely for FY20 & 21

9. Thank You for Listening
Questions and Answers