Page 132 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

FIVE YEAR FINANCIAL FORECAST
ALL MUNICIPAL FUNDS

ESTIMATED PROPOSED 1 2 3 4
DESCRIPTION FY 17- 18 FY 18- 19 FY 19- 20 FY 20- 21 FY 21- 22 FY 22- 23

NET CHANGE TO FUND BALANCE ( 7,339, 673)( 2,399, 630) 0 0 0 0
Beginning Fund Balance 11, 169, 629 3,829, 956 1,430, 326 1,430, 326 1,430, 326 1,430, 326
Ending Fund Balance 3,829, 956 1,430, 326 1,430, 326 1,430, 326 1,430, 326 1,430, 326
Restricted Funds 3,829, 956 1,430, 326 1,430, 326 1,430, 326 1,430, 326 1,430, 326
Unassigned Ending Balance 0 0 0 0 0 0

FUND 412 - ACADEMY EXPANSION
Interest Earned tied to vision 29, 180 29, 180 27, 400 27, 400 27, 400 27, 400
Transfer in from ED 200 tied to bldg permits 340, 000 164, 300 145, 700 127, 100 127, 100 127, 100
Total Revenues & Transfers In 369, 180 193, 480 173, 100 154, 500 154, 500 154, 500
Consultant Fees - Master Plan tied to vision 0 ( 85, 000) 0 0 0 0
Total Expenditures & Transfers Out 0 ( 85, 000) 0 0 0 0
NET CHANGE TO FUND BALANCE 369, 180 108, 480 173, 100 154, 500 154, 500 154, 500
Beginning Fund Balance 1,413, 345 1,782, 525 1,891, 005 2,064, 105 2,218, 605 2,373, 105
Ending Fund Balance 1,782, 525 1,891, 005 2,064, 105 2,218, 605 2,373, 105 2,527, 605
Restricted Funds 1,782, 525 1,891, 005 2,064, 105 2,218, 605 2,373, 105 2,527, 605
Unassigned Ending Balance 0 0 0 0 0 0

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