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2020 Budget Book
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2020 Budget Book
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Fiscal Year 2019 ‐ Estimated ActualEMERALD PARK HISP / MIRROR LAKE502536502/536311REVENUESTAX ABATEMENT/ LEASE REVENUE LEVY120,068$ 102,585$ 222,653$ 343,347$ (1)ISD DEBT CONTRIBUTION‐ ‐ ‐ ‐ INVESTMENT INCOME2,750 950 3,700 7,500 OTHER / BOND PROCEEDS‐ ‐ ‐ ‐ TOTAL REVENUES122,818$ 103,535$ 226,353$ 350,847$ EXPENDITURESDEBT SERVICE: PRINCIPAL95,000 85,000 180,000 335,000 INTEREST20,775 13,550 34,325 42,490 PAYING AGENT FEES200 450 650 200 PROFESSIONAL SERVICE130 250 380 500 TOTAL EXPENDITURES116,105 99,250 215,355 378,190 REVENUES OVER (UNDER) EXPENDITURES6,713$ 4,285$ 10,998$ (27,343)$ OTHER FINANCING SOURCES (USES) BOND PREMIUM / ISSUANCE COSTS‐ ‐ ‐ ‐ TRANSFERS IN‐ ‐ ‐ ‐ TOTAL OTHER FINANCING SOURCES‐ ‐ ‐ ‐ NET CHANGE IN FUND BALANCE6,713$ 4,285$ 10,998$ (27,343)$ FUND BALANCE ‐ JANUARY 1 2019391,904$ 626,567$ EST. FUND BALANCE ‐ DECEMBER 31 2019402,902$ 599,224$ 1) Deby Levy Reduction plan called for reduced levyCOMBINED TAX ABATEMENTPUBLIC FACILITIES LEASE REVENUETAX ABATEMENT and LEASE REVENUE DEBT SERVICE FUNDS 56
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