|
ReportExhibitE:Table7ProjectedRevenuesandExpenditures
<br />forthePlanArea(Part2)
<br />ProjectedProjectedProjectedProjectedTotals
<br />Resources FY22FY23FY24FY25FY17-25
<br /> Property Taxes2,611,000 2,701,000 2,791,000 2,881,000 22,934,365
<br /> Debt Issued- - - - 8,000,000
<br /> Downtown Loans Repayments222,789 222,789 222,789 222,789 1,955,904
<br /> Interest Earnings37,000 33,000 32,000 39,000 727,412
<br /> Parking Revenue- - - - 240,412
<br /> Other Revenue- - - - 466,035
<br /> Beginning Working Capital1,858,771 1,629,614 1,621,614 1,947,614 3,534,477
<br />TotalResources$4,729,560$4,586,403$4,667,403$5,090,403$37,858,605
<br />Requirements
<br />Tax Increment Expenditures - 2010 Plan
<br />1
<br /> Project Delivery Administration -- - - 427,029
<br /> Downtown Lighting- - - - 15,972
<br /> Farmers Market- - - - 500,000
<br /> Debt Service & Issuance Costs- - - - 1,301,040
<br /> Totals 2010 Plan- - - - 2,244,041
<br />Tax Increment Expenditures - 2016/2020 Plan
<br />1
<br /> Project Delivery Administration 431,000485,157 268,000 272,000 4,000,000
<br /> High-Speed Fiber- - - - 3,000,000
<br /> Farmers Market- - - - 9,300,000
<br /> Park Blocks Improvements- - - - 1,800,000
<br />2
<br /> Open Space Improvements -- - - 400,000
<br />2
<br /> 1059 Willamette -- - - 700,000
<br /> Debt Service & Issuance Costs2,367,000 2,300,000 2,200,000 2,100,000 9,167,000
<br /> Totals 2016/2020 Plan2,852,157 2,731,000 2,468,000 2,372,000 28,366,999
<br />Non-Tax Increment Expenditures
<br /> Parking Expenditures- - - - 33,219
<br />3
<br /> 233,789247,789 251,789 223,789 4,719,732
<br /> Downtown Loans Granted
<br /> Total Expenditures3,099,946 2,964,789 2,719,789 2,595,789 35,363,992
<br />4
<br /> Debt Service Reserve 1,000,0001,000,000 1,000,000 1,000,000 1,000,000
<br /> Other Reserves629,614 621,614 947,614 1,494,614 1,494,614
<br /> Total Reserves1,629,614 1,621,614 1,947,614 2,494,614 2,494,614
<br />TotalRequirements$4,729,560$4,586,403$4,667,403$5,090,403$37,858,605
<br />Notes:
<br />1. Project delivery administration includes project legal and professional services (e.g. project scoping for FM/OB), and
<br />project administration.
<br />2. 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 />3. All available non-tax increment resources are budgeted for loans in each year, but actual loan activity may differ.
<br />4. There may be a lender requirement to have a debt service reserve.
<br />ReportontheProposed2020Amendment 30
<br />
<br />
|