|
COMMUNITY REINVESTMENT FUND PROJECTION
<br />Cash Flow Projections Actual Projected Projected Projected Projected Projected Projected Projected Projected Projected
<br />Description 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
<br />Revenues:
<br />Interest Earnings at 1%58,945 33,982 27,467 15,184 21,431 25,239 30,148 33,010 33,641 32,285
<br />Transfer In:
<br />General Fund Fund Balance Policy 183,600
<br />Fire Relief Contribution From the City 46,200
<br />Lower Level City Hall Lease Payments 21,286 37,404 37,404 37,404 37,404 24,139 14,664 14,664 14,664 14,664
<br />Food Shelf Annual Lease Payment 40,000 159,600 159,600 159,600
<br />Interfund Loans Repayments:70,046 99,046 147,246 412,446 412,446 441,446 441,446 415,354 316,155 351,200
<br />Base Rate Excess Increment 93,379
<br />Total Revenues 473,456 210,432 371,717 624,634 630,881 490,825 486,258 463,028 364,460 398,149
<br />Expenditures:
<br />Capital Projects
<br />Remodel Basement, Bathrooms, and Storage Area 413,636 61,892
<br />NBCC Food Shelf Project 450,000
<br />Transfers Out:33,500
<br />Interfund Loans 2,337 350,000 1,600,000 - 250,000 - 200,000 400,000 500,000 -
<br />449,473 861,892 1,600,000 - 250,000 - 200,000 400,000 500,000 -
<br />Net Change to Cash 23,983 (651,460) (1,228,283) 624,634 380,881 490,825 286,258 63,028 (135,540) 398,149
<br />Cash Balance as of 12/31/xx 3,398,167 2,746,707 1,518,424 2,143,059 2,523,940 3,014,764 3,301,022 3,364,051 3,228,510 3,626,659
|