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09/25/2006 MINUTES
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09/25/2006 MINUTES
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8/31/2015 12:09:07 PM
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1/30/2015 1:25:45 PM
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CITY CLERK
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PARIS ECONOMIC DEVELOPMENT CORPORATION <br />Revenue Statement <br />2006 -2007 <br />Anticipated Cash Position 9/30/06 $1,000,000 <br />(These funds will be carried over to 2005/06 budget) <br />Revenue 2006 -2007: <br />Estimated Sales Tax $1,000,000 <br />Estimated Interest 20,000 <br />Paris Packaging Payments 384,000 <br />Total Current Revenue 1,404,000 <br />Total Resources 2,404,000 <br />Committed Funds: <br />Bond Debt Payments <br />387,000 <br />C -Tech Loan Payments <br />219,638 <br />Ind. Park Loan Payments <br />226,500 <br />Chamber of Commerce <br />289,029 <br />Campbell's Deceleration Lane <br />50,000 <br />Texas One Program <br />5,000 <br />Total Commitment of Existing Funds 1,177,167 <br />Available Funds For Projects 2006 -2007 $1,226,833 <br />Long Term Obligations (as of 9- 30 -06): <br />Bonds Payable (over 12 years) 2,965,000 <br />C -Tech Debt Payable (over 2 years) 370,751 <br />Ind. Park Debt Payable - est. (over 3 years) 677,416 <br />Total Long Term Obligations $4,013,167 <br />
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