FY2024 Proposed Budget
City-University Project I (2603) Fund Summary
2020
2021
2022
2023
2024
2025
Actual
Actual
Actual
Revised
Budget
Projected
Fund Balance, July 1
$
(15,469)
$
(586,726)
$
238,918
$
89,113
$
89,113
$
115,863
Revenues:
Other City Taxes TIF Revenues
2,163,364 $
2,064,940 $
$
3,190,434
3,072,887 $
2,999,395 $
3,325,738 $
Use Of Money And Property Interest Revenues
45,238
8,734
-
-
-
-
Intergovernmental
Property Tax Credits
-
32,561
43,812
-
-
-
Transfers In:
Transfers In
153,693
51,716
243,891
154,000
259,100
259,100
Total Revenues
2,362,295 $
2,157,952 $
$
3,478,137
3,226,887 $
3,258,495 $
3,584,838 $
Expenditures:
TIF Rebate
1,289,291 $
$
699,472
$
2,062,343
1,668,574 $
1,773,674 $
1,773,674 $
Transfers Out:
TIF Debt Transfers Out
1,644,260 $
$
632,837
$
1,565,599
1,558,313 $
1,458,071 $
1,811,164 $
Total Transfers Out
2,933,551 $
1,332,308 $
$
3,627,942
3,226,887 $
3,231,745 $
3,584,838 $
Fund Balance, June 30
$
(586,726)
$
238,918
$
89,113
$
89,113
$
115,863
$
115,863
Restricted / Committed /Assigned
-
-
-
-
-
-
Unassigned Balance
$
(586,726)
$
238,918
$
89,113
$
89,113
$
115,863
$
115,863
Sycamore & 1st Avenue (2604)
Fund Summary
2020
2021
2022
2023
2024
2025
Actual
Actual
Actual
Revised
Budget
Projected
Fund Balance, July 1
$
945,388
1,318,818 $
$
1,159,892
$
959,892
$
-
$
-
Revenues:
Other City Taxes TIF Revenues
$
532,339
$
1,316
$
-
$
-
$
149
$
-
Total Revenues
$
532,339
$
1,316
$
-
$
-
$
149
$
-
Expenditures:
TIF Rebate
$
-
$
-
$
200,000
$
959,892
$
-
$
-
Transfers Out:
TIF Debt Transfers Out
158,909
160,242
-
-
149
-
Total Expenditures & Transfers Out
$
158,909
$
160,242
$
200,000
$
959,892
$
149
$
-
Fund Balance, June 30
1,318,818 $
1,159,892 $
$
959,892
$
- - -
$
-
$
- - -
Restricted / Committed /Assigned
-
-
-
-
Unassigned Balance
1,318,818 $
1,159,892 $
$
959,892
$
$
-
$
412
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