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City of New Brighton
<br /> Fund Balance Analysis
<br /> TIF 30 Brighton Village-Beisswenger
<br /> General T1F District Information
<br /> I Original I Modification
<br /> District Type Rede.e4opment
<br /> Project Area
<br /> City approved 11/25/2003 12/13/2005
<br /> Cert Request 12/16/2003 N/A
<br /> Certified 6/28/2004 N/A
<br /> Decertifies 12/31/2031 12/31/2031
<br /> End of
<br /> Current District
<br /> Cumulative Projected
<br /> Original Modified Actual Projected
<br /> Budget Budget Total 2024 2025 2026 2027 2028 2029 2030 2031
<br /> Beginning Fund Balance 1,148,225 1,420,371 1,700,683 1,989,403 2,286,785 2,693,089 2,998,681 3,233,639
<br /> Revenues
<br /> Tax increment 7,700,000 5,677,091 242,700 242,700 242,700 242,700 242,700 242,700 242,700 242,700
<br /> MVHC 0 0 0 0 0 0 0 0 0 0
<br /> Investment Earnings 770,000 449,453 34.447 42.611 51,020 59,682 68,604 77,793 87,257 97,006
<br /> Bond Proceeds 4,000,000 0
<br /> TransrerIn 300.000 0
<br /> Total Revenues 12,770,000 0 6,126,644 277,147 285,311 293,720 302,382 311,304 320,493 329,967 339,706
<br /> Expenditures
<br /> Land/building acquisition 1,200,000 1,374,693
<br /> Site Improvements 600,000 0
<br /> Public utilities 800,000 0
<br /> Streets&sidewalks 600,000 0
<br /> Bond 0
<br /> Principal 4,000,000 0
<br /> Interest 2,400,000 0
<br /> Loan 0
<br /> Principal 0 0
<br /> Interest 2,400,000 585,050 0 0 0 0 0 0 0 0
<br /> Admin 770,000 126,513 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000
<br /> County Admin 0 2,501
<br /> Other: 0 0
<br /> Transfer out 0 469,542
<br /> Total Expenditures 12,770,000 0 2,668,299 6,000 6,000 6,000 6,000 6,000 6,000 6,000 5,000
<br /> Projected Ending Fund Balance 3,1568,246 1.420.371 1,700,683 1,989,403 2,286,786 2,693.089 2.908,681 3,233.639 3,668,246
<br /> Beginning Cash Balance 1,148,649 1,420,696 1,701,007 1,989,727 2,287,110 2,593,413 2,908,906 3,233,863
<br /> Net Reveneus less Expenditures 272,147 280,311 288,720 297,382 306,304 315,493 324,957 334,706
<br /> Interfund Loan Principal 0 0 0 0 0 0 0 0
<br /> Changes in Balance Sheet
<br /> Ending Cash Selene* 3,668,669 1,420.696 1,701,007 1,989,727 2.287,110 2,593.413 2,908,906 3,233,863 3,668,669
<br /> Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 180
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