RIGGINS URD BUDGET FY 2009-2010

REVENUE:

       

 

City Advance

     
 

Developer Advance

   

$2,670,000.00

 

Bond Sale Proceeds

     
 

Property Tax Increment

   

$20,000.00

 

Interest

     
 

Other

     
         

TOTAL REVENUE

     

$2,690,000.00

         
         

EXPENDITURES:

       
 

Capital Improvements

   

$2,670,000.00

 

Debt Service

     
 

Developer Reimb

   

$1,000.00

 

City Reimb

   

$4,000.00

 

Interest

   

$100.00

 

Administration

   

$1,800.00

 

City-Sewer Obligation Reserve

   

$13,000.00

 

Other

   

$100.00

         

TOTAL EXPENDITURES

     

$2,690,000.00

NOTES TO WORKSHEET:

       

Capital Improvments:

   

$2,000,000 Sewer Upgrade

 
 

 

$ 400,000 WhiteWater Park Constructiion

 
 

 

$ 230,000 New Well & Water Upgrade

 
     

$ 40,000 Water Study

 

Developer Reimbursement: $ 2,500 Browns WhiteWater Park Study OPA

   

$1,000

Brown's WhiteWater Park Study

City Reimbursement: $ 3,700 City PY Admin OPA

   

$1,500.00

City Sewer Facility Plan OPA

     

$2,500.00

City WWP Grant Match OPA

     

Interest:

   

$100.00

Int on Developer OPA

         

Administration:

   

$1,800.00

12 Months @ $150

         

City-Sewer Obligation Resv

   

$13,000.00

65% of Tax (or $10,000 whichever is greater)