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City of New Brighton
<br /> Fund Balance Analysis
<br /> 11F 31 Northwest Quadrant(West Side)
<br /> General TIF District information 2005 Laws
<br /> Original 1 Modification Cts.344
<br /> District Type Reoeve(opmr9
<br /> Project Area
<br /> City appraed 12/14/2004 12/132005
<br /> Carl Request 12/3/2004 6/14/2006
<br /> C rtited 9/30/2005 4/19/2007
<br /> Decertr9es 12/31/2031 12/312031 12/31/2035
<br /> End of
<br /> Current District
<br /> Cumulative Projected Fund 411 C 492_ Tout TiF Maria 031
<br /> Original Modified Actual Projected
<br /> Budget Budget Total 2016 2017 2013 2019 2020 2021 2022 2023 2024 2026
<br /> Beginning Fund Balance (7,724,713) (9.231,301 11,062.70 ) (11,057,252) (13,061,767) (14,585,292) (16,818,777) (14,420,355) (22.208.267) (25,051,6591
<br /> Revenues
<br /> Tax increment 23,500,000 58,200,000 8,054,070 321,901 321,901 321,901 321,901 321,901 321,901 321,901 321,901 321,901 321.901
<br /> MVHC 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> InwstmentEemings 750,000 1,026,000 (20,434,548) (231,741) 276,939) (331 881) (332,919) (391,853) (431,679) (504.563) (582,610) (666,249) (751,550)
<br /> Bond Proceeds 8,000,030 21,125,000 17,261,862 0 0 0 0 0 0 0 0 0 0
<br /> Loan Proceeds 0 0 11,951,940 0 0 0 0 0 0 0 0 0 0
<br /> Special Amansnente 0 0 0 0 0 0 0 0 0 0 0 0 D
<br /> Sales/Lease Proceeds 5,500,000 18,660,000 2,639,372 0 0 0 0 0 0 0 0 0 0
<br /> Loan/Advance Repayments 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Grants 0 1,000,000 5,133,938 0 0 0 0 0 0 0 0 0 0
<br /> Other. Plan Deposit 0 0 2,605 0 0 0 0 C 0 0 0 0 0
<br /> Other. Sale of Aggregate 0 750,000 202,695 0 0 0 0 0 0 0 0 0 0
<br /> Transfer In 0 1,200,000 20,658,111 1,221,163 1,000,000 2,928,516 1,000,000 1,770,229 750,000 750,000 750,030 888,368 0
<br /> Total Revenues 37,750,000 101,061,000 45,470,045 1.311.323 1.044.962 2,1111,538 088,982 1.700.277 640,222 647,338 489,281 644.020 (421,649)
<br /> Expenditures
<br /> Land/building acquisition 9,000,000 28,400,000 34,474,787 0 0 0 0 0 0 0 0 0 0
<br /> Site Improvements 2,500,000 10,300,000 5,671,556 0 0 0 0 0 0 0 0 0 0
<br /> Public utilities 1,500,000 3,300,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Streets&sidewalks 1,000,000 2,300,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Bond
<br /> Principal 8,000,000 21,125,000 32,668,950 1,204,200 1,253,400 1,310,100 1,365,450 1,420,800 1,472,700 1,542,900 1,619,550 1,693,650 1,772,100
<br /> Interest 6,000,000 19,040,000 21,834,683 1,394,156 1,343,150 1,289,948 1,233,550 1,173,966 1,110,870 1,042,680 970,314 894,845 813,216
<br /> Loan
<br /> Principal 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Interest 7,150,000 11,676,000 25,835,684 197,021 257,284 330,541 331.924 410,503 463,604 560,783 664,846 776,364 890,099
<br /> Admin 2,350,000 5,820,000 1,843,504 22,533 22,533 22,533 22,533 22,533 22,533 22,533 22,533 22,533 22,533
<br /> County Admin 0 0 6,823 0 0 0 0 0 0 0 0 0 0
<br /> Other Total 0 0 2,374,417 0 0 0 0 0 0 0 0 0 0
<br /> Transfer out 0 0 833,561 0 0 0 0 0 0 0 0 0 0
<br /> Total Expenditures 37,500,000 101,061,000 125,413,946 2,817,110 2.876,367 2,953,122 2.963,457 3,027,232 3.068,707 3,165.816 3,277,243 3,357,392 3.497.345
<br /> Projected Ending Fund Balance (60.073 321), (3.231,3011 (11.062.705) (11,097,292) (13.061.767) (14.385.2921 (16.818.777) (19.420,335) (22208,287) 125,051,659) (25,573,256)
<br /> Beginning Celt Balance 0 0 0 0 0 0 0 0 0 0
<br /> Net Rreneus less Expenditures (1,5(Y 7) (1,831 405 (7 ,1,' -) (1,327,525) (2,429,485) (2,601,558) (2,787,952) (2,843,372) (3,927,597)
<br /> Interlund Loan Principal 1,506,587 1,831.405 34,586 1,964,475 1,327,525 2,429,4135 2,601,558 2,787,952 2,843,372 3,927,597
<br /> Changes in Balance Sheet 0 0 0 0 0 0 0 0 C
<br /> Ending Gals Balance 0 0 0 0 0 0 0 0 0 0 0
<br /> Management Review&Analysis-Tax Increment Financing Districts February 2012
<br /> New Brighton, Minnesota Page 192
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