3-year Projection Worksheet

Using a 3-year time period gives the fiscal officer an opportunity to review and predict the account’s status in the future
- When completing a 3-year projection for the first time, information is based on a sound estimate of production volumes and operating expenses.

- After the first year is completed (or close to completion), actual data can be used to assist with the on-going projections.

- 3-year projections need to be submitted for establishment of new 21 or 22 accounts. After the first year it is recommended that the 3-year projections are updated annually as a
“best business practice” but these do not need to be sent to Campus Services.

The following worksheet is designed to help you define your 3-year projection. If you have questions, please consult with your departmental/unit fiscal officer or CSU
Business and Financial Services.

Business and Financial Services – Campus Services Group

Erin Mercurio, University Accounting Manager: 491-6752
Summer Leaming, University Accountant: 491-2801
Publina Meldrum, University Accountant: 491-4148

Tips for generation of 3-year projections:

ü  Projections are normally summarized by revenue and expense categories.
ü  Expenses are usually categorized as Salaries, Materials, Travel (if applicable), Supplies, Other Operating, and University G&A Overhead. These categories are similar to those
used when entering budget information during the budget construction process.

ü  The second and third year projections should be based on anticipated increases/decreases in revenues or expenses (i.e. employee raises). It may be necessary to calculate a new
billing rate depending on the expected changes.
 21 ACCOUNT 3-YEAR PROJECTION TEMPLATE

All cells with this color must be filled in by the user. Be sure to write over or delete
example datato avoid including in your rate calculation.

% Increase Year 1 Year 2 Year 3

Beginning Balance 0 $3,000.00 $6,705.00

Revenues:
Services 5.0% $22,000.00 $23,100.00 $24,255.00
Other (define) 5.0% $5,000.00 $5,250.00 $5,512.50
Total Revenues $27,000.00 $28,350.00 $29,767.50

Expenses:
Salary and Fringe 2.00% $18,500.00 $18,870.00 $19,247.40
Supplies 5.00% $2,000.00 $2,100.00 $2,205.00
Maintenance $1,500.00 $1,575.00 $1,653.75
Equipment $2,000.00 $2,100.00 $2,205.00
Total Expenses $24,000.00 $24,645.00 $25,311.15

Ending Fund Balance $3,000.00 $6,705.00 $11,161.35