44
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

Ohio School Districts W

Embed Size (px)

DESCRIPTION

Schools

Citation preview

  • 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