|
City of New Brighton
<br /> Fund Bobnce Analysis
<br /> 11F 32 Northwest Quadrant(East Side)
<br /> General TIF Didriet Information 2008 Laws
<br /> Original I Modiacatien Ch.386
<br /> Distnct Type Rede+elopmeint
<br /> Project Area
<br /> City approved 12/132005
<br /> Cert Request 6/142006
<br /> Certified A/192007
<br /> Decertiees 12/302032 12/31/2036
<br /> End of
<br /> Current DlaMet
<br /> Cumulative Projected I Fund 413 6 494:Total TIF District e32 i
<br /> Original ModHied Actual Projected
<br /> Midget Budget Total 2027 2028 2029 2030 2031 2032 Z333 202,4 202.5 202-6
<br /> Beginning Fund Balance (12.020.150} 412,5•15,45�) l 27..79j 04.670.100, .b82,056j t(1b.7b4.144) 117,52i.6r2j i....,..U42; i.32.t.._4 ,, 2:;.757;
<br /> Revenues
<br /> Tax increment 60,000,000 64,800,000 6,245,523 223,913 223,913 223,913 223,913 Z23,913 223,913 223,913 223,913 223,913 223,913
<br /> MVHC 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Investment Earnings 1,000,000 1,048,000 (8,497,900) (360,606) (385,364) (411,E (440,10: (470,462) (502,924) (537,677) (574,141) (607.279) (642,71
<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 /> Specie!Assessments 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Sales/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 0 0 0 0 0 0 0 0
<br /> Other. Refund from 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 91,628.000 99.251,000 16,966,061 (136,6931 (161,4611 (187.9171 (216,190) (246,649) (279.0111 (313.784) (360.228) (383.3661 (416,801)
<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 Q 0 0 0 0 0 0 0
<br /> Public utilities 3,700,000 3,700,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Public perking facilities 8,900,000 8,900,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Streets isidewalks 2,800,000 2,800,000 0 0 0 0 0 0 0 0 0 0 0
<br /> Bond
<br /> Principal 20,500,000 23,375,000 2,766,050 160,100 167,500 174,200 186,550 195,200 205,600 191,100 0 0 0
<br /> Interact 19,200,000 20,210 000 1,836,979 54,366 46,748 39,087 30,921 22,204 13,053 4,180 0 0 0
<br /> Loan
<br /> Principal 0 0 0 0 0 0 0 0 0 0 0 0 0
<br /> Intend 11,800,000 12,810,000 11,174,007 458,426 490,854 525,542 562,621 602,462 645,090 690,751 738,674 782 140 828,649
<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 D 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 15,279,000 99,251,000 35,641,972 688.666 720.776 764.603 796,746 836,640 878.417 901.706 764,348 717.814 844,323
<br /> Projected Ending Fund Balance (22,686,9211 112.845.453) (13,737.679) (14,670.100) (15,682,056) (16,764,144) (17,922.572) (19,133.042) (20,242,618) (21,423,797) (22,686,921I
<br /> Beginning Cady Balance 0 0 0 0 0 0 0 0 0 0
<br /> Net Reveneus less Expenditures (810,689) (867,219) (926,963) (996035) (1,065,690) (1141,537) (1,198 071) (1,086,657) (1 162,722) (1244'
<br /> Inter(und Loan Principal 810,689 867,219 926,963 996,035 1,065,690 1,141,537 1,198,071 1,086,657 1,162,722 1,244,113
<br /> Changes in Balance Sheet 0 0 0 0 0 0 0 0 0 0
<br /> Ending Cade 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 205
<br />
|