SLIDE 1
Milford EVSD
Five Year Forecast
(General Fund)
Fiscal Years 2017 through 2021
Milford EVSD
Estimated Revenues
Fiscal Years 2017 through 2021
Five Year Forecast (General Fund) Fiscal Years 2017 through 2021 - - PowerPoint PPT Presentation
Five Year Forecast (General Fund) Fiscal Years 2017 through 2021 - - PowerPoint PPT Presentation
Milford EVSD Five Year Forecast (General Fund) Fiscal Years 2017 through 2021 Milford EVSD Estimated Revenues Fiscal Years 2017 through 2021 Milford EVSD 2017 Additional Increase in State Funding Property Values to Remain Constant
SLIDE 2
SLIDE 3
Milford EVSD
2017
- Additional Increase in State Funding
- Property Values to Remain Constant
- Higher Return on Investments
SLIDE 4
Milford EVSD
2018-2021
- State Biennial Budget Unknown
- Property Values Remain Constant
SLIDE 5
Milford EVSD
Estimated Expenditures
Fiscal Years 2017 through 2021
SLIDE 6
Milford EVSD
2017
Expenditures are within the estimated appropriations for this fiscal year. We are currently trending for a 1.0% savings.
SLIDE 7
Milford EVSD
2018-2021
- Purchased Services – 3% increase for each year
- Supplies – 3% increase for each year
- Five Year Technology Plan
Ø Continue 1:1 for 7th grade Ø Continue Refresh Cycle Ø E-Rate (infrastructure)
- Five Year Curriculum Adoption
- Five Year Maintenance Programs
SLIDE 8
Projected Five Year Forecast
(thousands)
Fiscal Year 2017 Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Fiscal Year 2021 Beginning Cash Balance $27,715 28,401 28,223 26,613 22,986 Receipts 69,416 69,310 70,310 70,310 70,310 Expenditures 68,730 69,488 71,920 73,937 75,983 Ending Cash Balance $28,401 28,223 26,613 22,986 17,313
SLIDE 9
Milford EVSD
$50,000,000 $55,000,000 $60,000,000 $65,000,000 $70,000,000 $75,000,000 $80,000,000 2014 2015 2016 2017 2018 2019 2020 2021 Revenue and Expenditures School Year
Revenues and Expenditures
Revenues Expenditures
SLIDE 10
Milford EVSD
$- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 2014 2015 2016 2017 2018 2019 2020 2021 Ending Cash Balance School Year
Ending Cash Balance, Five Year Forecast
ending balance
SLIDE 11
Milford EVSD
20 40 60 80 100 120 140 160 180 2014 2015 2016 2017 2018 2019 2020 2021 True Days Cash School Year
True Days Cash