|
2009 Budget Summary
<br />Y-T-D
<br />2005 2006 2007 2008 09/30/08 2009 Change from 2008
<br />Actual Actual Actual Budget Actual Request Dollar Percent
<br />TIF # 1 (Fund 410):
<br />Revenues
<br />3101 Tax collections 1,160,613 1,177,356 1,211,260 1,223,827 594,848 1,213,988 (9,839) -0.80%
<br />3101 Tax collections - Mermaid 175,348 171,244 74,726 166,058 83,029 156,520 (9,538) -5.74%
<br />3102 Taxes - delinquent - - 6,806 99,116 - #DIV/0!
<br />3103 Market value credit 1,313 - 981 - #DIV/0!
<br />3610 Investment income 4,213 34,971 78,614 30,000 40,000 10,000 33.33%
<br />3615 Interest on notes 71 17 - - #DIV/0!
<br />3972 Transfer from other funds - - 3,066 - #DIV/0!
<br />3983 Principal on notes 2,693 2,057 - - #DIV/0!
<br /> Total revenue 1,344,251 1,385,645 1,375,453 1,419,885 776,993 1,410,508 (9,377) -0.66%
<br />Operating expenses (4650):
<br />Contractual services
<br />3030 Other professional 1,295 1,041 6,665 1,400 3,463 1,000 (400) -28.57%
<br />4750 Property taxes - 9,589 - - #DIV/0!
<br />5150 Repairs - street lights 191,000 - - - #DIV/0!
<br />5220 Highway 10 redevelopment 106,630 780,248 601,359 - 48,768 - #DIV/0!
<br />7050 Construction 33,625 18,629 - 500,000 3,500,000 3,000,000 600.00%
<br />8010 Developer PAG, principal - - - - #DIV/0!
<br />8020 Developer PAG, interest 27,299 20,373 - - #DIV/0!
<br />8021 Internal loan interest - - - - #DIV/0!
<br />9900 Transfers out to EDA 35,000 40,000 111,194 112,851 1,657 1.49%
<br />9900 Transfers out to other funds 180,000 157,814 174,493 124,100 (124,100) -100.00%
<br />Total contractual services 539,849 1,022,694 822,517 736,694 52,231 3,613,851 2,877,157 390.55%
<br />Net change in fund balance 804,403 362,951 552,936 683,191 724,762 (2,203,343) (3,007,746) -440.25%
<br />Fund balance, beginning year (73,922) 730,481 1,093,432 1,646,368 1,646,368 2,329,559 2,403,481 145.99%
<br />Fund balance, end of year 730,481 1,093,432 1,646,368 2,329,559 2,371,130 126,216 (604,265) -25.94%
<br />10/02/2008 1:10 PM
<br />26
|