|
PEDC BUDGET 2021- 2022
<br />Page 3 June 2021 PEDC Board Approved the 2021-2022 Budget
<br />BUDGET FOR
<br />BUDGET FOR
<br />Acct #III Account Name
<br />% CHANGE
<br />2020-2021
<br />2021-2022
<br />,DEBT SERVICE
<br />SW BUSINESS PARK - PRINCIPAL AND INTEREST
<br />ORIGINAL NOTE - $697,000.00
<br />SW PARK PRINCIPAL 02-0001-90-06
<br />$
<br />37,681.73
<br />$
<br />48,053.08
<br />28%
<br />SW PARK INTEREST 02-0002-90-06
<br />$
<br />23,355.55
<br />$
<br />12,984.20
<br />-44%
<br />TOTAL PARK
<br />$
<br />61,037.28
<br />$
<br />61,037.28
<br />0%
<br />ASWP LOAN - PRINCIPAL AND INTEREST
<br />ORIGINAL NOTE - $1,000,000.00
<br />ASWP PRINCIPAL 02-0001-90-05
<br />$
<br />53,514.15
<br />$
<br />55,584.63
<br />4%
<br />ASWP INTEREST 02-0002-90-05
<br />34,272.45
<br />32,201.97
<br />-6%
<br />TOTAL ASWP
<br />$
<br />87,786.60
<br />$
<br />87,786.60
<br />0%
<br />LAND LOAN - PRINCIPAL AND INTEREST
<br />PROJECTED NOTE - $1,900,000
<br />$
<br />-
<br />$
<br />120,000.00
<br />100%
<br />TOTAL
<br />$
<br />-
<br />$
<br />120,000.00
<br />100%
<br />TOTAL DEBT SERVICE
<br />$1
<br />148,823.88
<br />$
<br />268,823.88
<br />81%
<br />NEW INDUSTRY PROJECTS
<br />0065 SW Business Park
<br />$
<br />320,000.00
<br />$
<br />20,000.00
<br />-94%
<br />Land Develo ment
<br />$
<br />100,000.00
<br />$
<br />100,000.00
<br />0%
<br />TOTAL NEW INDUSTRY PROJECTS
<br />$
<br />420,000.00
<br />$
<br />120,000.00
<br />-71%
<br />TOTAL DEBT, CAPITAL & INCENTIVES
<br />$
<br />3,034,623.88
<br />$
<br />2,135,823.88
<br />-30%
<br />TOTAL BUDGET EXPENSES
<br />$
<br />3,537,173.88
<br />$
<br />2,649,873.88
<br />-25%
<br />INCOME
<br />ESTIMATED TAX INCOME
<br />1,440,000.00
<br />.1,440,000.00
<br />0%
<br />E-STIMATED INCOME
<br />1,440,000.00
<br />1,700,000.00"
<br />18%
<br />ESTIMATED SURPLUS (SHORTAGE)
<br />(2,097,173.88)
<br />(949,873.88)
<br />-55%
<br />CASH AND INVESTMENTS ENDING BALANCE
<br />$
<br />1,725,793.12
<br />$
<br />3,024,692.12
<br />75%
<br />Page 3 June 2021 PEDC Board Approved the 2021-2022 Budget
<br />
|