The five-year forecast serves as a tool to assess the financial health of a school district. School districts are required to submit five-year forecasts twice annually to the Ohio Department of Education (see Ohio Revised Code 5705.391 and Ohio Administrative Code 3301-92-04).

Each five-year forecast contains two components: 1) historical and projected financial data and 2) notes to explain any significant changes or “assumptions” the District used to develop the reported financial projections.