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PEDC BUDGET 2020- 2021
<br />Page 2 June 16, 2020 PEDC Board Approved the 2020-2021 Budget
<br />BUDGET
<br />BUDGET
<br />Acct
<br />Account Name
<br />FOR 2019-
<br />FOR 2020,
<br />CHANGE
<br />2020
<br />2021
<br />JOB TRAINING -DIRECT INCENTIVES -DEBT SERVICE -CAPITAL INCENTIVES
<br />JOB TRAINING
<br />High Demand Job Trainin� & Recruitin Y Match Grant
<br />25,000.00
<br />25,000.00
<br />0%
<br />0318
<br />TOTAL JOB TRAINING
<br />$
<br />25,000.00
<br />$
<br />25,000.00
<br />0%
<br />DIRECT BUSINESS INCENTIVES
<br />American Spiral Weld -Jobs (See Footnote #1)
<br />$
<br />1,000,000.00
<br />$
<br />1,000,000.00
<br />0%
<br />American S iral Weld -Rail Lead
<br />$
<br />1,000,000.00
<br />$
<br />-
<br />-100%
<br />Huhtamaki - Rail Development ment
<br />$
<br />100,000.00
<br />$
<br />100,000.00
<br />0%
<br />J Skinner - Jobs
<br />$
<br />-
<br />$
<br />250,000.00
<br />#DN/0!
<br />! SldnrerRail OftLk43s
<br />$
<br />300,000.00
<br />$
<br />-
<br />-100%
<br />D6 - Jobs
<br />$
<br />-
<br />$
<br />412,500.00
<br />#DIV/0!
<br />Pro iect Rocket X - Infrastructure
<br />$
<br />-
<br />$
<br />250,000.00
<br />#DIV/0!
<br />Pro'ect Rocket X - Jobs
<br />$
<br />-
<br />$
<br />75,000.00
<br />#DIV/0!
<br />Dais Dais,,+
<br />$
<br />131,400.00
<br />$
<br />153,300.00
<br />17%
<br />Turner Industries - Jobs
<br />$
<br />-
<br />$
<br />200,000.00
<br />#DIV/0!
<br />TOTAL DIRECT BUSINESS INCENTIVES
<br />$
<br />2,531,400.00
<br />$
<br />2,440,800.00
<br />4%
<br />DEBT SERVICE
<br />SW BUSINESS PARK
<br />ORGINAL NOTE - $697,000.00
<br />SW PARK PRINCIPAL 02-0001-90-06
<br />$
<br />36,278.11
<br />1$
<br />37,681.73
<br />4%
<br />SW PARK INTEREST 02-0002-90-06
<br />$
<br />24,759.17
<br />$
<br />23,355.55
<br />-6%
<br />TOTAL PARK
<br />$
<br />61,037.28
<br />$
<br />61,037.28
<br />0%
<br />ASWP LOAN - PRIN, INT
<br />ORGINAL NOTE - $1,000,000.00
<br />ASWP PRINCIPAL 02-0001-90-05
<br />$
<br />51,520.78
<br />$
<br />53,514.15
<br />4%
<br />ASWP INTEREST 02-0002-90-05
<br />36,265.82
<br />34,272.45
<br />-5%
<br />TOTAL ASWP
<br />$
<br />87,786.60
<br />$
<br />87,786.60
<br />0%
<br />TOTAL DEBT SERVICE
<br />$
<br />148,823.88
<br />$
<br />148,823.88
<br />0%
<br />,NEW INDUSTRY PROJECTS
<br />0064
<br />Proiect ASWP
<br />$
<br />200,000.00
<br />$
<br />-
<br />-100%
<br />0065
<br />SW Business Park
<br />$
<br />320,000.00
<br />$
<br />320,000.00
<br />0%
<br />Land Development
<br />$
<br />180,000.00
<br />$
<br />100,000.00
<br />44%
<br />TOTAL NEW INDUSTRY PROJECTS
<br />$
<br />700,000.00
<br />$
<br />420,000.00
<br />-40%
<br />TOTAL DEBT, CAPITAL & INCENTIVES
<br />$
<br />3,405,223.88
<br />$
<br />3,034,623.88
<br />-11%
<br />TOTAL BUDGET EXPENSES
<br />$
<br />3,861,548.88
<br />$
<br />3,537,173.88-8%
<br />Page 2 June 16, 2020 PEDC Board Approved the 2020-2021 Budget
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