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2020 2021 2022 2022 2023
<br /> ACTUAL ACTUAL BUDGET ESTIMATED BUDGET
<br />REVENUE SUMMARY:
<br />Tax Increment 570,105$ 709,350$ 708,675$ 726,047$ 726,017$
<br />Interest 36,965 (3,168) 9,900 9,900 4,500
<br />TOTAL REVENUE 607,070$ 706,182$ 718,575$ 735,947$ 730,517$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,200$ 1,500$ 1,540$ 1,540$ 1,848$
<br />County Admin. Fee 2,618 4,192 6,000 6,000 6,000
<br />Notices & Publications 516 556 - - -
<br />Consultant 3,800 32,627 14,750 14,000 11,250
<br />Interfund Loan Interest 22,345 19,386 22,250 17,000 16,000
<br />Lodge Note Payment 161,732 192,674 161,700 193,780 193,780
<br />Developer shortfall repayment - - - - -
<br />Development Costs - 52,663 - 59,116 59,116
<br />Return Excess Increment 55,876 - - - -
<br />Transfer Out to 476 - Twin Lake Apts - - - 1,000,000 -
<br />Transfer Out-Debt Service 149,703 147,153 149,495 149,495 146,180
<br />Transfer Out-Admin Costs 13,540 19,853 23,000 16,000 14,000
<br />Transfer Out-Paver Road Project 402,292 - - - -
<br />Total Expenditures 813,622$ 470,603$ 378,735$ 1,456,931$ 448,174$
<br />
<br />NET INCREASE (DECREASE)(206,552)$ 235,579$ 339,840$ (720,984)$ 282,343$
<br />BEGINNING FUND BALANCE 2,224,029 1,941,342 2,176,921 1,455,937
<br />ENDING FUND BALANCE 2,017,477$ 2,176,921$ 1,455,937$ 1,738,280$
<br />CITY OF LITTLE CANADA
<br />CAPITAL IMPROVEMENT FUNDS-TIF
<br />BUDGET SUMMARY
<br />100
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