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Fund: 450 TIF District #5
<br />Revenues
<br />Account
<br />Description
<br />2016
<br />2017
<br />2018
<br />2019 Description
<br />3101
<br />Tax increment collections
<br />1,555,982
<br />1,555,982
<br />1,631,162
<br />1,631,162
<br />1,670,873
<br />1,670,873
<br />1,704,290 Estimated collections of incremental taxes on properties in the district
<br />1,704,290
<br />3610
<br />Investment income
<br />4,000
<br />4,000
<br />3,000
<br />3,000
<br />3,000
<br />3,000
<br />3,000 Estimated interest earnings at 1.00%.
<br />3,000
<br />Fund: 430 Department: 4650
<br />Economic Development',
<br />3030 Other professional services
<br />3,420
<br />1,580
<br />3,420
<br />1,640
<br />3,420
<br />1,640
<br />3,420
<br />1,703
<br />TIF administration and reporting fees
<br />5% of audit (2019 - $34,065, 2020 - $34,745, 2021 - $35,440)
<br />5,000 5,060 5,060
<br />5,123
<br />8010 Pay-as-you-go principal
<br />1,431,290
<br />1,513,894
<br />1,568,467
<br />1,606,203
<br />Principal on a revenue note issued to promote a development. (Medtronic)
<br />1,431,290 1,513,894 1,568,467
<br />1,606,203
<br />9900 Transfer out to EDA Fund
<br />1 75,331
<br />79,498
<br />83,543
<br />85,215
<br />Transfer to cover the EDA operating budget.
<br />75,331 79,498 83,543
<br />85,215
<br />25
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