1. West Clermont Local Schools Board Meeting October 28, 2015

3. Five Year Forecast = Planning Tool Past trends PLUS Present knowledge EQUALS Future projections

4. Forecasting Challenges Revenue/Expenditures Uncontrollable State Foundation Property Valuations/Collections Inflation, economy Instructional needs Legislative Mandates Partially Controllable Personnel Staffing levels Negotiated agreements Instructional Programs/Services Contracts Transportation Insurances Supplies/Materials

5. Revenues vs. Expenditures

6. Actual Revenues

7. Revenue

8. Revenues - Major Differences Continuing Property Taxes - $551,142 State Funding - $1,257,748 One-Time Other Local - $323,869, property tax appeals settled TIF Revenues - $504,389

9. Projected Revenues

10. Actual Expenditures

11. Expenditures

12. Expenditures – Decreased, $2.2 million Medicaid - $473,842 Salaries & Benefits Positions unfilled Grant funds utilized for contracted positions Large turnover

13. Projected Expenditures

14. Actual Fund Balance

15. Projected Fund Balance

18. QUESTIONS