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CC PACKET 06282016
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CC PACKET 06282016
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6/29/2016 9:56:26 AM
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6/28/2016 3:50:35 PM
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Financial Results <br />HRA: <br />–Total HRA Fund balance is $831,319. <br />–The fund balance in the various accounts are as follows at December <br />31, 2015: <br /> <br />15 <br />Fund <br />Balance (Deficit)CAFR CAFR <br />Fund 12/31/15 Statement Exhibit <br />General HRA (special revenue fund) $9,188 Statement 21 <br />Debt Service: <br />TIF Refunding Bonds 2015B 6,861 Exhibit 3 <br />TIF Refunding Bonds 2014B 8,460 Exhibit 3 <br />Total HRA TIF Debt Service 15,321 Statement 3 <br />Public Facilities Revenue Bonds 634,704 Statement 23 <br />HRA Projects: <br />Chandler Place TIF 698,602 Exhibit 5 <br />Apache (Wal-Mart) TIF (1,713,462)Exhibit 5 <br />Apache (Cub Foods) TIF 1,186,966 Exhibit 5 <br />Total HRA TIF Improvements 172,106 Statement 3 <br />Total HRA $831,319 <br />Communication with Those Charged with <br />Governance <br />•Required Communications: <br />–Change in accounting policies used (none) <br />–Difficulties encountered in performing the audit (none) <br />–Disagreements with management (none) <br /> <br />16 <br />18
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