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6.3.C. - Page 14 <br />Attachment <br />Exhibit B <br />RDA Housing Fund <br />Proposed Budget FY 11112 <br />2010111 <br />11112 <br />Item <br />Dept.# <br />Estimate <br />Budget <br />ESTIMATED BEGINNING FUND BALANCE (1) <br />($72,152) <br />($12,294) <br />Tax Increment <br />Tax Increment <br />30110 <br />$2,769,885 <br />$2,743,939 <br />DepositTl per Legal Aid and CountyAgmt <br />30114 <br />$1,817,308 <br />$1,662,669 <br />TotalTaxlncrement <br />$4,587,193 <br />$4,406,608 <br />Other Revenue <br />Loan Processing Fees <br />31450 <br />$30 <br />$0 <br />Intere Income <br />33601 <br />$90,000 <br />$77,000 <br />Misc. R evenue <br />38650 <br />$679 <br />$0 <br />SERAF Housing TI from SERAF <br />38501 <br />$562,568 <br />$562,568 <br />Total Other Revenue <br />$653,277 <br />$639,568 <br />Subtotal TI and Other Revenues <br />$5,240,470 <br />$5,046,176 <br />Total Available Working Capital <br />$5,168,318 <br />$5,033,882 <br />Administrative Costs (Fund 158) <br />Emplo Services ( 12 -29) <br />66410 <br />$471,723 <br />$363,075 <br />Sup plies & Services (30 -61) <br />66410 <br />$360,273 <br />$360,273 <br />Interna Services (71 -8 <br />66410 <br />$102,131 <br />$73,754 <br />Subtotal Administrative Costs <br />-- ---- <br />- - - - -- ---- <br />$934,127 <br />- - - - -- <br />$797,102 <br />BUDGET <br />Economic Development <br />61240 <br />$60,628 <br />Housing Rehabilitation <br />66471 <br />$306,000 <br />$306,000 <br />Less Budget Amendments (2) <br />Land Bankin Appropriation to "Housing Projects" <br />R eestablish Debt Service <br />71953 <br />39987 <br />$3,631,885 <br />$308,6001 <br />$0 <br />$0 <br />Subtotal <br />------------------------- <br />$3,940,485 <br />$0 <br />Total Expenditures <br />$5,180,612 <br />$1,163,730 <br />Remaining Working Capital Budget <br />($12,294) <br />$3,870,152 <br />(1) Includes Fund 806. <br />(2) Ongoing capital projects and programs budgets, expenditures, and balances are listed on Exhibit <br />it$1 <br />