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2018 2019 2020 2020 2021
<br /> Actual Actual Budget Estimated Budget
<br />REVENUE SUMMARY:
<br />Tax Increment 457,862$ 638,476$ 447,100$ 529,799$ 515,000$
<br />Interest 55,803 97,723 17,100 17,100 9,300
<br />TOTAL REVENUE 513,665$ 736,199$ 464,200$ 546,899$ 524,300$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,370$ 1,570$ 1,200$ 1,200$ 1,200$
<br />County Admin. Fee 7,824 2,389 5,500 5,700 5,500
<br />Consultant 46,942 10,653 5,500 3,500 5,500
<br />Interfund Loan Interest 46,478 24,631 22,500 23,174 22,500
<br />Lodge Note Payment 139,132 156,790 161,700 80,866 161,700
<br />Developer shortfall repayment 393,258 - - - -
<br />Development Costs - - - - -
<br />Return Excess Increment - 425,648 13,129 55,878 -
<br />Transfer Out-Debt Service 436,534 1,118,378 149,328 149,702 147,113
<br />Transfer Out-Admin Costs 9,158 13,143 22,000 22,000 22,000
<br />Transfer Out-Paver Road Project - 48,309 500,000 472,791 -
<br />Total Expenditures 1,080,696$ 1,801,511$ 880,857$ 814,811$ 365,513$
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<br />NET INCREASE (DECREASE)(567,031)$ (1,065,312)$ (416,657)$ (267,912)$ 158,787$
<br />BEGINNING FUND BALANCE 3,929,340 3,349,351 2,284,039 2,016,127
<br />ENDING FUND BALANCE 3,362,309$ 2,284,039$ 2,016,127$ 2,174,914$
<br />CITY OF LITTLE CANADA
<br />CAPITAL IMPROVEMENT FUNDS-TIF
<br />BUDGET SUMMARY
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