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2022 2023 2024 2024 2025
<br /> ACTUAL ACTUAL BUDGET ESTIMATED BUDGET
<br />REVENUE SUMMARY:
<br />Tax Increment 703,636$ 886,844$ 773,452$ 760,341$ 760,341$
<br />Transfer In 96,890 - - - -
<br />Interest (33,860) 34,082 6,100 6,100 4,100
<br />TOTAL REVENUE 766,666$ 920,926$ 779,552$ 766,441$ 764,441$
<br />EXPENDITURE SUMMARY:
<br />Auditor 1,320$ 1,570$ 2,004$ 2,611$ 2,836$
<br />County Admin. Fee 2,781 112,599 6,000 6,000 6,000
<br />Notices & Publications 192 - - 730,000 -
<br />Consultant 12,723 6,150 12,050 12,939 12,050
<br />Interfund Loan Interest 22,751 22,496 15,000 15,000 15,000
<br />Lodge Note Payment 193,780 97,821 195,643 - -
<br />Development Costs 62,296 83,896 - - -
<br />Transfer Out to 476 - Twin Lake Apts 1,000,000 - - - -
<br />Transfer Out-Debt Service 149,097 182,034 154,172 154,172 151,290
<br />Transfer Out-Admin Costs 103,652 102,830 14,000 14,000 14,000
<br />Total Expenditures 1,548,592$ 609,398$ 398,869$ 934,722$ 201,176$
<br />
<br />NET INCREASE (DECREASE)(781,926)$ 311,528$ 380,683$ (168,282)$ 563,265$
<br />BEGINNING FUND BALANCE 2,052,532 1,134,275 1,445,803 1,277,522
<br />ENDING FUND BALANCE 1,270,606$ 1,445,803$ 1,277,522$ 1,840,787$
<br />CITY OF LITTLE CANADA
<br />CAPITAL IMPROVEMENT FUNDS-TIF
<br />BUDGET SUMMARY
<br />105
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