FISCAL FORECAST

FISCAL FORECAST

Youngstown city schools

The Youngstown City School District treasurer gave the board of education a preliminary fiscal forecast Tuesday that shows the district returning to solvency in fiscal year 2012. The projection shows:

FISCAL 2009

Real estate taxes: $18.6 million.

Total revenue: $110.3 million.

Total spending: $118 million.

Balance: Negative $6.1 million.

FISCAL 2010

Real estate taxes: $21.3 million.

Total revenue: $111.1 million.

Total spending: $110.1 million.

Balance: Negative $5.2 million.

FISCAL 2011

Real estates taxes: $21.3 million.

Total Revenue: $110.8 million.

Total spending: $107.4 million.

Balance: Negative $1.8 million.

FISCAL 2012

Real estate taxes: $21.6 million.

Total revenue: $112.7 million.

Total spending: $110.1 million.

Balance: Positive $766,000.

FISCAL 2013 (levy expires)

Real estate taxes: $19.3 million.

Total revenue: $112.1 million.

Total spending: $112.8 million.

Balance: Positive $100,000.

Source: Youngstown city schools