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Agenda Packets - 2022/10/03
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Agenda Packets - 2022/10/03
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Last modified
1/28/2025 4:50:21 PM
Creation date
11/14/2022 10:46:47 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/3/2022
Supplemental fields
City Council Document Type
Packets
Date
10/3/2022
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Fund: 441 TIF District #6 Revenues <br />Account Description 2020 2021 2022 2023 Description <br />3101 Tax increment collections 10,522 79,894 81,491 83,935 Estimated collections of incremental taxes on properties in the district <br />10,522 79,894 81,491 83,935 <br />3610 Investment income 40 200 200 500 Estimated interest earnings at 1.00%. <br />40 200 200 500 <br />Fund: 441 Department: 4650 Economic Development <br />3030 Other professional services 425 800 800 1,059 TIF administration and reporting fees <br />522 532 532 543 1.5% of audit (23-36,145, 24-36,870, 25-37,605, 26-38,360) <br />947 1,332 1,332 1,602 <br />8010 Pay-as-you-go principal 4,735 40,826 72,622 74,440 Principal on a revenue note issued to promote a development. (MWF) <br />4,735 40,826 72,622 74,440 <br />8020 Pay-as-you-go interest - - - - Interest on a revenue note issued to promote a development. (Medtronic) <br />- - - - <br />9900 Transfer out to EDA Fund - 6,989 8,149 8,393 Transfer to cover the EDA operating budget. <br />- 6,989 8,149 8,393 <br />5,682 49,147 82,103 84,435 <br />#DIV/0!764.96%67.06%2.84% <br />28
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