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2011 Budget Summary
<br />Y-T-D
<br />2007 2008 2009 2010 09/30/10 2011
<br />Actual Actual Actual Budget Actual Request Dollar Percent
<br />TIF # 3 (Fund 430):
<br />Revenues
<br />3101 Tax collections 425,172 367,643 351,862 328,408 185,413 370,824 42,416 12.92%
<br />3102 Tax collections - delinquent - - - - - - 0.00%
<br />3610 Investment income 35,069 33,367 21,013 12,500 10,000 (2,500) -20.00%
<br />3972 Transfer from other funds 27,423 - - - - - 0.00%
<br /> Total revenue 487,664 401,010 372,875 340,908 185,413 380,824 39,916 11.71%
<br />Operating expenses (4650):
<br />Contractual services
<br />3030 Other professional 5,807 915 987 1,200 920 1,200 - 0.00%
<br />5220 Highway 10 redevelopment - 95,413 723,906 - 15,171 - - 0.00%
<br />7050 Construction 9,104 1,484 - - 625,456 625,456 #DIV/0!
<br />8010 Developer PAG, principal - 250,000 - - - - 0.00%
<br />8020 Developer PAG, interest - 9,930 - - - - 0.00%
<br />9900 Transfers out to other funds - - - - - - 0.00%
<br />9900 Transfers out to EDA 40,000 95,875 24,634 109,397 - 107,138 (2,259) -2.06%
<br />Total contractual services 54,911 453,617 749,527 110,597 16,091 733,794 623,197 563.48%
<br />Net change in fund balance 432,753 (52,607) (376,652) 230,311 169,322 (352,970) (713,816) -309.94%
<br />Fund balance, beginning year 461,417 894,170 841,563 464,911 464,911 695,222 377,860 81.28%
<br />Fund balance, end of year 894,170 841,563 464,911 695,222 634,233 342,252 (335,956) -48.32%
<br />Change from 2010
<br />74
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