School board approves five-year fiscal forecast

Bluffton school board approved a five-year school district fiscal forecast presented by Paula Parish, on Oct. 16.

"Schools are required to prepare a five-year forecast two times each year, once in October and then an update in May." she told the Icon. "The forecast serves as a good tool to help monitor the revenues and expenses for the district."

The forecast includes actual figures for fiscal years ending June 30, 2015, through June 30,  2017.

The forecasted data includes fiscal years 2018 through 2022. Included in the calculations are such things as general property tax (real estate), income tax, property tax allocation and other revenues.

Among expenditures are personal services, employees' retirement and insurance benefits, purchased services, supplies and materials and capital outlay.

The attachment below is a spreadsheet of the forcecast.