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City of New Brighton
<br /> Fund Balance Analysis
<br /> TIF 32 Northwest Quadrant(East Side)
<br /> General 11F District information 2006 Lew%
<br /> Original I Modheatcn C11.366
<br /> District Type Redevelopment
<br /> Protect Area
<br /> City spproed 12)13/2005
<br /> Cart Request 6/1442006
<br /> Certified 4/19/2007
<br /> Decertilies 12/30/2032 12/01/2036
<br /> End of
<br /> Current District
<br /> Cumulative Projected I Fund 493 d 494:Total TIF District t32 I
<br /> Original Modified Achim! Projected
<br /> Budget Budget Total 2017 2018 2019 2020 2021 2022 2023 2024 2025 2024
<br /> Beginning Fund Balance .;.11,3,2b2.( i6.6C6.4151 tT.06 .534( 17.S.:2,62:) ( .045,693) (8.61a,535) (9,_Ci 454) 15,d-12.514( ,1C.51:,L2t) 111.245.5024
<br /> Revenues
<br /> Tax increment 60,000,000 64,800,000 6,245,523 223,913 223,913 223,913 223,913 223,913 223,913 223,913 223,913 223,913 223,913
<br /> MVHC 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Investment Earnings 1,000,000 1,048,000 (6,497,900) (185,, 38,192) (211,825) (226,399) 241.971) (258,556) (276,266) (295,276) (315,595) (337,31
<br /> Bond Proceeds 20,500,000 23,375,000 9,273,334 0 0 0 0 0 0 0 0 0 0
<br /> Loan Proceeds 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Special Aceeamnerets 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Setae/Lease Proceeds 5,428,000 5,428,000 1,634,377 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 4,600,000 4,600,000 4,894,446 0 0 C 0 0 0 0 0 0 0
<br /> Other: Refund horn AAA Cooper 0 0 40,955 0 0 0 0 0 0 0 0 0 0
<br /> Transfer In 0 0 2,364,316 0 0 0 0 0 0 0 0 0 0
<br /> Total Revenues 91,625,000 99,251,000 16,955,061 38,505 26.721 12.098 (18,058) (34,6431 (62.353) (71,380) (81.582) 1113.4041
<br /> Expenditures
<br /> Land/building acquisition 11,900,000 11,900,000 3,571,929 0 0 0 0 0 0 0 0 0 0
<br /> Site Improvements 0 8,600,000 7,482,380 0 0 0 0 0 0 0 0 0 0
<br /> Public utilities 3,700,000 3,700,000 0 0 0 0 0 0 0 0 o 0 0
<br /> Public parking faetiities 8,900,000 8,900,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Streets i sidewalks 2,800,000 2,800,000 0 0 0 0 0 0 0 0 C 0 0
<br /> Bond
<br /> Principal 20,500,000 23,375,000 2,766,050 106,600 109,900 114,550 119,200 122 300 127,100 135,450 141,350 147.900 157,250
<br /> Interest 19,200,000 20,210,000 1,836,979 112,563 108,153 103,508 98,598 93 407 87,874 82,049 75,956 69.291 62,024
<br /> Loan
<br /> Principal 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Interest 11,800,000 12,810,000 11,174,007 229,801 246,413 264,143 283,114 303,403 325,029 348,139 372,967 399,527 427,940
<br /> Admin 6,000,000 6,480,000 1,292,932 15,674 15,674 15,674 15,674 15,674 15,674 15,674 15,674 15,674 15,674
<br /> County Admin 0 0 4,608 0 0 0 0 0 0 0 0 0 0
<br /> Other. Engineering 476,000 476,000 1,039,758 0 0 0 0 0 0 0 0 0 0
<br /> Other, Architect 0 1,568 0 0 0 0 0 0 0 0 0 0
<br /> Transfer out 0 9.471.761 0 0 0 0 0 0 0 0 0 0
<br /> Total Expenditures 65276,000 911.251,000 31,641.972 464,638 450,140 417.675 516,686 634,754 665.677 661.312 606,647 632.392 662,688
<br /> Projected Ending Fund Balance (22.666,321 (0.606,415) (7,060,834) (7,546.621) (8,065,693) (8.618.515) (9,208,854) (9,842.519) (10.619,825) (11,243,902) (12,020.194)
<br /> Beginning Casts Balance 0 0 0 0 0 0 0 0 0 0
<br /> Net Rmeneus less Expenditures (415,292) (443,252) (474,285) (507 225) (540,639) (577,752) (620 719) (663,976) (710,340) (762 1
<br /> hterfund Loan Principal 415,292 443,252 474,285 507,225 540,639 577,752 620,719 663,976 710,340 762,146
<br /> Changes in Balance Sheet 0 0 0 0 0 0 0 0 0 0
<br /> Ending Cash 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 204
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