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Fund: 450 TIF District #5 Revenues
<br />Account Description 2009 2010 2011 2012 Description
<br />3101 Tax increment collections 846,270 1,139,960 1,320,408 1,208,260 Estimated collections of incremental taxes on properties
<br />846,270 1,139,960 1,320,408 1,208,260 in the district.
<br />3610 Investment income 6,300 6,300 9,000 6,000 Estimated interest earnings at 1.50%.
<br />6,300 6,300 9,000 6,000
<br />Fund: 430 Department: 4650 Economic Development
<br />3030 Other professional services 1,200 1,200 1,400 2,600 TIF administration and reporting fees
<br />1,200 1,200 1,400 2,600
<br />8010 Pay-as-you-go principal 803,956 1,082,963 1,266,569 1,147,847 Principal on a revenue note issued to promote a development. (Medtronic)
<br />803,956 1,082,963 1,266,569 1,147,847
<br />9900 Transfer out to EDA Fund 42,313 56,997 66,020 60,413 Transfer to cover the EDA operating budget.
<br />42,313 56,997 66,020 60,413
<br />99
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