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2017 2018 2019 2019 2020
<br />Actual Actual Budget Estimated Budget
<br />REVENUE SUMMARY:
<br />Tax Increment 966,032$ 457,862$ 431,345$ 579,741$ 447,100$
<br />Interest 65,938 55,803 7,329 5,135 17,100
<br />TOTAL REVENUE 1,031,970$ 513,665$ 438,674$ 584,876$ 464,200$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,340$ 1,370$ 1,570$ 1,570$ 1,200$
<br />County Admin. Fee 9,005 7,824 3,301 2,389 5,500
<br />Counsultant 6,039 38,642 5,872 5,275 5,500
<br />Interfund Loan Interest 45,987 46,478 42,000 24,770 22,500
<br />Lodge Note Payment 124,272 139,132 140,000 156,790 161,700
<br />Developer shortfall repayment - 393,258 - - -
<br />Devlopment Costs - -- - -
<br />Return Excess Increment - -- 425,648 13,129
<br />Transfer Out-Debt Service 455,933 436,534 434,038 1,026,193 149,328
<br />Transfer Out-Admin Costs 23,877 9,158 23,300 13,504 22,000
<br />Transfer Out-Paver Road Project - - 525,000 - 500,000
<br />Total Expenditures 666,453$ 1,072,396$ 1,175,081$ 1,656,139$ 880,857$
<br />NET INCREASE (DECREASE)365,517$ (558,731)$ (736,407)$ (1,071,263)$ (416,657)$
<br />BEGINNING FUND BALANCE 3,598,534 3,929,340 3,370,609 2,299,346
<br />ENDING FUND BALANCE 3,964,051$ 3,370,609$ 2,299,346$ 1,882,689$
<br />CITY OF LITTLE CANADA
<br />CAPITAL IMPROVEMENT FUNDS-TIF
<br />BUDGET SUMMARY
<br />81
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