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2024 Budget Summary
<br />2020
<br />2021
<br />2022
<br />2023
<br />2024
<br />Change from 2023
<br />Actual
<br />Actual
<br />Actual
<br />Budget
<br />Request
<br />Dollar Percent
<br />TIF # 5 (Fund 450):
<br />Revenues
<br />3101 Tax collections
<br />1,760,668
<br />1,794,771
<br />1,798,711
<br />1,829,694
<br />1,728,059
<br />(101,635) -5.55%
<br />3610 Investment income
<br />5,126
<br />(1,653)
<br />(15,069)
<br />1,500
<br />1,500
<br />- 0.00%
<br />Total revenue
<br />1,765,794
<br />1,793,118
<br />1,783,642
<br />1,831,194
<br />1,729,559
<br />(101,635) -5.55%
<br />Operating expenses (4650):
<br />Contractual services
<br />3030 Other professional
<br />4,655
<br />3,523
<br />3,585
<br />5,372
<br />5,408
<br />36
<br />0.67%
<br />8010 Developer PAG, principal
<br />626,473
<br />700,322
<br />754,251
<br />-
<br />-
<br />-
<br />0.00%
<br />8020 Developer PAG, interest
<br />1,020,860
<br />988,512
<br />952,653
<br />1,721,169
<br />1,716,005
<br />(5,164)
<br />-0.30%
<br />9900 Transfers out to EDA
<br />88,036
<br />89,690
<br />91,484
<br />91,484
<br />86,402
<br />(5,082)
<br />-5.56%
<br />Total contractual services
<br />1,740,024
<br />1,782,047
<br />1,801,973
<br />1,818,025
<br />1,807,815
<br />(10,210)
<br />-0.56%
<br />Net change in fund balance
<br />Fund balance, beginning year
<br />Fund balance, end of year
<br />25,770 11,071 (18,331) 13,169 (78,256) (91,425)-694.24%
<br />869,475 895,245 906,316 887,985 901,154 13,169 1.48%
<br />895,245 906,316 887,985 901,154 822,898 (78,256) -8.68%
<br />59
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