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PARIS ECONOMIC DEVELOPMENT CORPORATION. <br /> Revenue Statement <br /> 2002-2003 <br /> <br />Anticipated Cash Position 9/30/02 $778,163 <br /> (These funds will be carried over to 2002/03 budget) <br /> <br />Revenue 2002 - 2003: <br /> Estimated Sales Tax $896,877 <br /> Estimated Interest 35,000 <br /> Paris Packaging Payments 384,000 <br /> Total Current Re{,enue $1,315.877 <br /> <br />Total Resources $2,094,040 <br /> <br />Committed Funds: <br /> Texas Air Quality Coalition 5,000 <br /> Bond Debt Payments 388,936 <br /> Turner International Piping Systems 500,000 <br /> ($2,500,000 over 5 years last payment in 2003) <br /> Hearne Street Extension 250,000 <br /> Chapman Loan Payments(final year) 53,906 <br /> TCIM ($500,000 over 5 years) 50,000 <br /> Audit 3,550 <br /> Chamber of Commerce 269,079 <br /> <br /> Total Commitment of Existing Funds $1,520,471 <br /> <br /> <br />Available Funds For Projects 2002-2003 $573,569 <br /> <br />Long Term Obligations (as of 9-30-02): <br /> <br /> Bonds Payable (over 16 years) · $3,730,000 <br /> Chapman Loan (2003 final year) 53,906 <br /> TIPS (2003 final year) 500,000 <br /> TCIM (over 2 years) 75,000 <br /> <br /> Total Long Term Obligations $4,358,906 <br /> <br /> <br />