|
CIP 2 CASHFLOW
<br /> 2014 2015 2016 2017 2018 2019 2020
<br /> BEGINNING FUND BALANCE 10,483,559 9,151,357 9,531,811 8,664,164 7,940,733 7,228,451 6,411,879
<br /> REVENUES REET Growth 2.0% 2.0% 2.0% 2.0%
<br /> 1st 1/4%REET 1,722,002 2,025,867 1,768,000 1,803,360 1,839,427 1,876,216 1,913,740
<br /> General Govt Contribution 800,000 800,000 800,000 800,000 800,000 800,000
<br /> Interest Yield 2.25% 2.75% 3.00% 3.00%
<br /> Interest Income 164,668 146,142 156,253 204,705 228,317 227,538 204,605
<br /> TOTAL REVENUE 1,886,670 I 2,972,009 I 2,724,253 I 2,808,065 I 2,867,745 I 2,903,754 1 2,918,345
<br /> EXPENSES
<br /> Arena related debt service:
<br /> Bond Interest-2014 bonds(refinance of 2001 127,527 156,283 609,979 581,151 553,059 524,697 496,565
<br /> Bond Princ Pmts-2014 bonds(City Portion) 1,600,000 825,000 1,625,000 1,607,560 1,600,000 1,600,000 1,000,000
<br /> Bond Princ Pmts-2014 bonds(PFD Portion) 22,440 30,000 30,000 30,000
<br /> Fund 114 spew-2012 bonds(conference cent 991,345 1,110,271 856,921 820,345 896,967 1,065,629 2,223,481
<br /> TOTAL Arena Related Debt Svc 2,718,872 2,091,554 3,091,900 3,031,496 3,080,026 3,220,326 3,750,046
<br /> PFD Debt Support 500,000 500,000 500,000 500,000 500,000 500,000 500,000
<br /> TOTAL EXPENSES 3,218,872 2,591,554 3,591,900 3,531,496 3,580,026 3,720,326 4,250,046
<br /> ENDING FUND BALANCE 9,151,357 9,531,811 8,664,164 7,940,733 7,228,451 6,411,879 5,080,178
<br /> ANNUAL BALANCE (1,332,203) ' 380,454 (867,647) (723,431) (712,281) (816,572) (1,331,701)
<br /> Copy(1)CIP 2 for 7_13_16 budget update#1 7/12/2016]
<br />
|