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 September 2018 Presented By Todd Johnson, Treasurer/CFO

2. Revenue Vs. Expenditure
• mill levy expires December 2019 (2.685 effective)
Ending cash balance meets Board approved targets
through FY19 but falls below 1% of revenue in FY20

3. Ending Cash Balance
• End balance exceeds 1 month of exp throughout forecast
• Expenditures exceeds revenue by 1% in fiscal year end FY20

4. Est. General Fund Revenue Sources FY19
Foundation and Interest revenues for FY19 increased
We are projected to be a Formula district in FY19

5. Overall Values Increased .7% TY 2017
Tax year 2017 AV up by .7% 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
Received BWC refund
Savings in Community School deduction and utilities

7. Levy History One new money issue has passed since 1998….
A 5.0 (replace) and 4.0 (new) mill levy was passed in 2008
These levies were renewed into a single 9.0 mill levy in May 2013
Prior to the 2008 levy, the last new money issue was passed in 1998…an 8.9 mill continuing levy
The November 2013 levy renewed our 5 year 6.56 mill levy. It will expire now on December 31, 2019
Levy renewals do not provide additional revenue to the district; maintains current revenues

8. Thank You for Listening
Questions and Answers