|
ReportExhibitE:Table7ProjectedRevenuesandExpenditures
<br />forthePlanArea(Part1)
<br />ActualActualActualEstimateProjected
<br />Resources FY17FY18FY19FY20FY21
<br /> Property Taxes2,168,798 2,259,049 2,512,359 2,459,160 2,551,000
<br /> Debt Issued- - - - 8,000,000
<br /> Downtown Loans Repayments230,090 272,943 168,740 170,186 222,789
<br /> Interest Earnings95,936 79,131 140,781 149,849 120,715
<br /> Parking Revenue- - 19,734 147,678 73,000
<br /> Other Revenue1,035 161,429 111,950 191,621 -
<br /> Beginning Working Capital3,534,477 4,225,334 6,040,253 6,261,771 7,159,585
<br />TotalResources$6,030,335$6,997,886$8,993,816$9,380,265$18,127,089
<br />Requirements
<br />Tax Increment Expenditures - 2010 Plan
<br />1
<br /> Project Delivery Administration 69,605357,424 - - -
<br /> Downtown Lighting15,972 - - - -
<br />2
<br /> Farmers Market -- 500,000 - -
<br /> Debt Service & Issuance Costs987,544 313,496 - - -
<br /> Totals 2010 Plan1,360,940 383,101 500,000 - -
<br />Tax Increment Expenditures - 2016/2020 Plan
<br />1
<br /> Project Delivery Administration 185,642- 420,896 1,055,810 881,496
<br /> High-Speed Fiber444,062 388,890 555,379 1,073,800 537,869
<br />2,3
<br />t -- 750,715 - 8,549,285
<br /> Farmers Marke
<br />3
<br /> Park Blocks Improvements -- - - 1,800,000
<br />3,4
<br /> Open Space Improvements -- - - 400,000
<br />3,4
<br /> 1059 Willamette -- - - 700,000
<br /> Debt Service & Issuance Costs- - - - 200,000
<br /> Totals 2016/2020 Plan444,062 574,532 1,726,989 2,129,610 13,068,650
<br />Non-Tax Increment Expenditures
<br /> Parking Expenditures- - 5,057 13,162 15,000
<br />5
<br /> -- 500,000 77,908 3,184,668
<br /> Downtown Loans Granted
<br /> Total Expenditures1,805,002 957,632 2,732,047 2,220,680 16,268,318
<br /> Debt Service Reserve- - - - -
<br /> Other Reserves4,225,333 6,040,254 6,261,769 7,159,585 1,858,771
<br /> Total Reserves4,225,333 6,040,254 6,261,769 7,159,585 1,858,771
<br />TotalRequirements$6,030,335$6,997,886$8,993,816$9,380,265$18,127,089
<br />Notes:
<br />1. Project delivery administration includes project legal and professional services (e.g. project scoping for FM/PB), and
<br />project administration.
<br />2. Farmers Market spending in FY19 was for the purchase of the southern half of the Butterfly Lot.
<br />3. Projects are shown as occurring in FY21 but actual project timing may differ.
<br />4. Other activities will need to occur before projects can move forward, such as a request for proposal process, design,
<br />and Agency Board approval.
<br />5. All available non-tax increment resources are budgeted for loans in each year, but actual loan activity may differ.
<br />ReportontheProposed2020Amendment 29
<br />
<br />
|