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STEAMBOAT SPRINGS EDUCATION FUND
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FINANCIAL REPORT
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June 30, 2024
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Current Cash Position:
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April 16, 2024 Cash Accounts
$2,846,511.04
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Sales Tax Deposits (May and June)
 1,141,267.62
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Earnings
40,956.99
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Grants Paid
(1,585,526.33)
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Other Expense
(1,360.00)
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June 30, 2024 Cash Accounts
$2,441,849.32
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Cash on hand 1 yr ago
$2,751,067.82
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Change in Past Year
($309,218.50)
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Projections for the Fiscal Year Based on Forecast (cash-basis):
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Forecasted Sales Tax Deposits Remaining through June 2024 (see next page)
$0.00
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Current Cash/CD's (see above)
 2,441,849.32
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Forecasted Cash Available for Fiscal Year
$2,441,849.32
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Total Approved / Not Yet Incurred Grants (Current & Prior Years) (see below)
($1,641,670.94)
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Forecasted Available Cash @ June 30, 2024
 $ 800,178.38
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Forecasted cash at 6/30/24 if adjusted to 6-month error rate (see page 3)
$800,178.38
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Total Approved/Not Yet Paid Grants:
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Current Year Grant Authorization (including Admin Expenses)
 $ 6,505,219.00
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Current Year Grants Incurred
 (4,835,607.55)
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Current Year Admin Expenses Incurred
 (27,940.51)
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Outstanding Liabilities (accrual basis) $ 1,641,670.94
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Prior Year Grant Authorization (including Admin Expenses)
 $ 7,052,942.00
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Prior Year Grants Incurred
 (6,992,583.37)
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Prior Year Admin Expenses Incurred
(26,423.09)
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Amounts Rescinded
 (33,935.54)
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Outstanding Liabilities (accrual basis) $ 0.00
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Total Approved/Not Yet Incurred Grants (Current & Prior Years)
 $ 1,641,670.94
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Possible Rescissions:
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Prior Year
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Current Year
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