TABLE 6 - RESOURCES AND REQUIREMENTS |
| YEARS
1 THROUGH 11 |
|
|
2000-01 |
2001-02 |
2002-03 |
2003-04 |
2004-05 |
2005-06 |
2006-07 |
2007-08 |
2008-09 |
2009-10 |
|
RESOURCES |
|
|
|
|
|
|
|
|
|
|
|
| Beginning
Balance |
|
$0 |
$3,183 |
$2,462 |
$4,237 |
$7,704 |
$10,495 |
$24,665 |
$14,888 |
$43,949 |
$28,193 |
| Tax
Increment Revenue |
|
$212,175 |
$252,523 |
$299,349 |
$507,833 |
$704,058 |
$913,175 |
$1,135,259 |
$1,371,001 |
$1,621,124 |
$1,886,390 |
| Delinquency
at 3% average |
|
($6,365) |
($7,576) |
($8,980) |
($15,235) |
($21,122) |
($27,395) |
($34,058) |
($41,130) |
($48,634) |
($56,592) |
| Proceeds
of Borrowings |
|
$926,090 |
$0 |
$0 |
$0 |
$0 |
$3,985,778 |
$0 |
$0 |
$0 |
$0 |
| Investment
Earnings at 4.5% |
|
$9,548 |
$11,507 |
$13,582 |
$23,043 |
$32,029 |
$41,565 |
$52,197 |
$62,365 |
$74,928 |
$86,156 |
| Total
Resources |
|
$1,141,447 |
$259,637 |
$306,412 |
$519,879 |
$722,670 |
$4,923,618 |
$1,178,063 |
$1,407,124 |
$1,691,368 |
$1,944,147 |
|
REQUIREMENTS |
Esst. 1999 Cost |
|
|
|
|
|
|
|
|
|
|
| Industrial
Area Streets |
$16,948,000 |
See
note on priority and
timing of funding |
|
|
|
|
|
|
| Industrial
Area Utilities |
$10,080,000 |
|
|
|
|
|
|
|
|
|
|
| Public
Facilities |
$10,240,000 |
|
|
|
|
|
|
|
|
|
|
| Fire
Protection and Emergency |
$2,750,000 |
|
|
|
|
|
|
|
|
|
|
| Parks,
Pedestrian, Bike Projects |
$4,350,000 |
|
|
|
|
|
|
|
|
|
|
| Downtown
Streets |
$2,581,000 |
|
|
|
|
|
|
|
|
|
|
| Rehabilitation |
$1,500,000 |
|
|
|
|
|
|
|
|
|
|
| Administration |
$2,700,000 |
|
|
|
|
|
|
|
|
|
|
| |
$51,149,000 |
|
|
|
|
|
|
|
|
|
|
| Project
costs funded in year |
|
$926,090 |
$45,000 |
$90,000 |
$300,000 |
$500,000 |
$3,985,778 |
$250,000 |
$450,000 |
$750,000 |
$1,000,000 |
| Debt
Service - bond |
|
$212,175 |
$212,175 |
$212,175 |
$212,175 |
$212,175 |
$913,175 |
$913,175 |
$913,175 |
$913,175 |
$913,175 |
| Total
Outlays |
|
$1,138,265 |
$257,175 |
$302,175 |
$512,175 |
$712,175 |
$4,898,953 |
$1,163,175 |
$1,363,175 |
$1,663,175 |
$1,913,175 |
| Total
Resources |
|
$1,141,447 |
$259,637 |
$306,412 |
$519,879 |
$722,670 |
$4,923,618 |
$1,178,063 |
$1,407,124 |
$1,691,368 |
$1,944,147 |
| Ending
Balance |
|
$3,183 |
$2,462 |
$4,237 |
$7,704 |
$10,495 |
$24,665 |
$14,888 |
$43,949 |
$28,193 |
$30,972 |
| |
|
|
|
|
|
|
|
|
|
|
|
| YEARS
12 THROUGH 22 |
|
|
2011-12 |
2012-13 |
2013-14 |
2014-15 |
2015-16 |
2016-17 |
2017-18 |
2018-19 |
2019-20 |
2020-21 |
|
RESOURCES |
|
|
|
|
|
|
|
|
|
|
|
| Beginning
Balance |
|
$64,880 |
$2,766 |
$8,231 |
$3,173 |
$56,957 |
$117,172 |
$31,985 |
$67,933 |
$54,739 |
$15,709 |
| Tax
Increment Revenue |
|
$2,465,579 |
$2,781,218 |
$3,115,436 |
$3,469,199 |
$3,843,523 |
$4,239,471 |
$4,658,160 |
$5,100,761 |
$5,568,502 |
$5,978,537 |
| Delinquency
at 3% average |
|
($73,967) |
($83,437) |
($93,463) |
($104,076) |
($115,306) |
($127,184) |
($139,745) |
($153,023) |
($167,055) |
($179,356) |
| Proceeds
of Borrowings |
|
$0 |
$0 |
$0 |
$0 |
$16,776,007 |
$0 |
$0 |
$0 |
$0 |
$1 |
| Investment
Earnings at 4.5% |
|
$113,871 |
$125,279 |
$140,565 |
$156,257 |
$175,522 |
$196,049 |
$211,056 |
$232,591 |
$253,046 |
$269,741 |
| Total
Resources |
|
$2,570,362 |
$2,825,827 |
$3,170,769 |
$3,524,553 |
$20,736,702 |
$4,425,508 |
$4,761,456 |
$5,248,262 |
$5,709,232 |
$6,084,632 |
| REQUIREMENTS |
Est. 1999Cost |
|
|
|
|
|
|
|
|
|
|
| Industrial
Area Streets |
$16,948,000 |
See
note on priority
and timing of funding |
|
|
|
|
|
|
| Industrial
Area Utilities |
$10,080,000 |
|
|
|
|
|
|
|
|
|
|
| Public
Facilities |
$10,240,000 |
|
|
|
|
|
|
|
|
|
|
| Fire
Protection and Emergency |
$2,750,000 |
|
|
|
|
|
|
|
|
|
|
| Parks,
Pedestrian, Bike Projects |
$4,350,000 |
|
|
|
|
|
|
|
|
|
|
| Downtown
Streets |
$2,581,000 |
|
|
|
|
|
|
|
|
|
|
| Rehabilitation |
$1,500,000 |
|
|
|
|
|
|
|
|
|
|
| Administration |
$2,700,000 |
|
|
|
|
|
|
|
|
|
|
| |
$51,149,000 |
|
|
|
|
|
|
|
|
|
|
| Project
costs funded in year |
|
$400,000 |
$650,000 |
$1,000,000 |
$1,300,000 |
$16,776,007 |
$550,000 |
$850,000 |
$1,350,000 |
$1,850,000 |
$6,000,000 |
| Debt
Service - bond |
|
$2,167,596 |
$2,167,596 |
$2,167,596 |
$2,167,596 |
$3,843,523 |
$3,843,523 |
$3,843,523 |
$3,843,523 |
$3,843,523 |
$0 |
| Total
Outlays |
|
$2,567,596 |
$2,817,596 |
$3,167,596 |
$3,467,596 |
$20,619,530 |
$4,393,523 |
$4,693,523 |
$5,193,523 |
$5,693,523 |
$6,000,000 |
| Total
Resources |
|
$2,570,362 |
$2,825,827 |
$3,170,769 |
$3,524,553 |
$20,736,702 |
$4,425,508 |
$4,761,456 |
$5,248,262 |
$5,709,232 |
$6,084,632 |
| Ending
Balance |
|
$2,766 |
$8,231 |
$3,173 |
$56,957 |
$117,172 |
$31,985 |
$67,933 |
$54,739 |
$15,709 |
$84,632 |
Note:
The amount and priority
of funding for project activities will be set by the renewal agency
in its annual and long-range budgets.
07/12/2002
|
