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2019 2020 2021 2021 2022
<br />ACTUAL ACTUAL BUDGET ESTIMATED BUDGET
<br />REVENUE SUMMARY:
<br />Tax Increment 638,476$ 570,105$ 515,000$ 708,350$ 708,675$
<br />Interest 97,723 36,965 9,300 9,300 9,900
<br />TOTAL REVENUE 736,199$ 607,070$ 524,300$ 717,650$ 718,575$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,570$ 1,200$ 1,200$ 1,300$ 1,540$
<br />County Admin. Fee 2,389 2,618 5,500 5,250 6,000
<br />Notices & Publications - 516 - 500 -
<br />Consultant 10,653 3,750 5,500 19,000 14,750
<br />Interfund Loan Interest 24,631 22,345 22,500 22,000 22,250
<br />Lodge Note Payment 156,790 161,732 161,700 161,700 161,700
<br />Developer shortfall repayment - - - - -
<br />Development Costs - - - 52,700 52,900
<br />Return Excess Increment 425,648 55,876 - - -
<br />Transfer Out-Debt Service 1,118,378 149,703 147,113 147,153 149,495
<br />Transfer Out-Admin Costs 13,143 13,540 22,000 23,000 23,000
<br />Transfer Out-Paver Road Project 48,309 402,292 - - -
<br />Total Expenditures 1,801,511$ 813,572$ 365,513$ 432,603$ 431,635$
<br />NET INCREASE (DECREASE)(1,065,312)$ (206,502)$ 158,787$ 285,047$ 286,940$
<br />BEGINNING FUND BALANCE 3,349,351 2,224,029 2,017,527 2,302,574
<br />ENDING FUND BALANCE 2,284,039$ 2,017,527$ 2,302,574$ 2,589,514$
<br />CITY OF LITTLE CANADA
<br />CAPITAL IMPROVEMENT FUNDS-TIF
<br />BUDGET SUMMARY
<br />97
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