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Fund: 450 TIF District #5 Revenues
<br />Account Description 2020 2021 2022 2023 Description
<br />3101 Tax increment collections 1,760,734 1,793,817 1,829,694 1,884,584 Estimated collections of incremental taxes on properties in the district
<br />1,760,734 1,793,817 1,829,694 1,884,584
<br />3610 Investment income 3,000 1,500 1,500 1,500 Estimated interest earnings
<br />3,000 1,500 1,500 1,500
<br />Fund: 430 Department: 4650 Economic Development
<br />3030 Other professional services 3,600 3,600 3,600 3,600 TIF administration and reporting fees
<br />1,738 1,772 1,772 1,808 5% of audit (23-36,145, 24-36,870, 25-37,605, 26-38,360)
<br />5,338 5,372 5,372 5,408
<br />8010 Pay-as-you-go principal 1,647,364 1,688,413 1,721,169 1,764,282 Principal on a revenue note issued to promote a development. (Medtronic)
<br />1,647,364 1,688,413 1,721,169 1,764,282
<br />9900 Transfer out to EDA Fund 88,036 89,690 91,484 94,229 Transfer to cover the EDA operating budget.
<br />88,036 89,690 91,484 94,229
<br />1,740,738 1,783,475 1,818,025 1,863,919
<br />2.55%2.46%1.94%2.52%
<br />Statutory decertification date: December 31, 2033
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