Laserfiche WebLink
• CITY OF FALCON HEIGHTS <br />Ramsey County, Minnesota <br />FINANCIAL ANALYSIS <br />December 31, 2003 <br />Debt Service Analysis <br />Fund # 315 316 317 <br />Tax Increment Tax Increment Improvement <br />Refunding Refunding Bonds of <br />Bonds of 1993 Bonds of 1996 1999 <br />Principal to Maturity <br />Interest to Maturity <br />Total Debt Service to Maturity <br />Fund Balance <br />Deferred Assessment Principal <br />• Total Available for Debt Service <br />Estimated Excess (Deficit) <br />Other Amounts Available: <br />Tax Increment #1 <br />Construction Fund Balance <br />Tax Increment #2 <br />Construction Fund Balance <br />Future Improvements: <br />Fund Balance Designated <br />for Debt Service <br />Total Other Amounts Available <br />$ 90,000 $ 1,265,000 $ 1,085,000 <br />4,703 287,222 173,316 <br />$ 94,703 $ 1,552,222 $ 1,258,316 <br /> <br />17,060 <br />$ 394,354 $ 405,647 <br />- 168,567 <br />17,060 394,354 574,214 <br />$ (77,643) $ (1,157,868) $ (684,102) <br />$ - $ 596,429 $ - <br />84,769 - - <br />- - 570,000 <br />$ 84,769 $ 596,429 $ 570,000 <br />This analysis does not include investment income or interest on deferred special assessments, as <br />a conservative measure. No general tax levy revenue is assumed since the City has indicated it <br />will likely not levy for debt service costs. Collections of tax increments have also not been <br />included in this analysis, since it is difficult to estimate future market values and tax rates. <br />• <br />8 <br />