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Fund: 450 TIF District #5 Revenues
<br />Account Description 2012 2013 2014 2015 Description
<br />3101 Tax increment collections 1,208,260 1,326,776 1,299,181 1,299,181 Estimated collections of incremental taxes on properties
<br />1,208,260 1,326,776 1,299,181 1,299,181 in the district.
<br />3610 Investment income 6,000 5,000 4,000 4,000 Estimated interest earnings at 1.00%.
<br />6,000 5,000 4,000 4,000
<br />Fund: 430 Department: 4650 Economic Development
<br />3030 Other professional services 2,600 3,000 3,000 2,420 TIF administration and reporting fees
<br />- - - 1,580 5% audit fee (moved from EDA)
<br />2,600 3,000 3,000 4,000
<br />8010 Pay-as-you-go principal 1,147,847 1,260,437 1,234,223 1,234,223 Principal on a revenue note issued to promote a development. (Medtronic)
<br />1,147,847 1,260,437 1,234,223 1,234,223
<br />9900 Transfer out to EDA Fund 60,413 66,339 64,958 64,958 Transfer to cover the EDA operating budget.
<br />60,413 66,339 64,958 64,958
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