|
Joint Project Area Five Year Projections Worksheet
<br />September 2008
<br />BALANCE
<br />Adjusted Cash Balance 7-1-08: 6,568,167
<br />Less 2008-09 Projects/Expenses
<br />General Fund Principle Payment (500,000)
<br />Senior Center Acquisition (337,001)
<br />E 14th St Medians (181,186)
<br />East 14th ST PSR (300,000)
<br />Bayfair Mall Legal Fees (10,000) €
<br />Downtown Lighting & Ped Improvements (792,622)
<br />Piill1550 East 14th St Legal Fees (50,000)
<br />EBMUD Demo (200,000)
<br />Projected Cash Balance 7-1-09 4,197,358
<br />ANNUAL OPERATIONS
<br />Estimated Receipts
<br />Tax Increment
<br />Interest Income
<br />Subtotal Receipts
<br />Estimated Disbursements
<br />Administration/CRP
<br />State Take -a -Way - projected @ 7.7%
<br />Auto Mall Developer Payments
<br />Tree Wells
<br />Debt Service - GF Loan (int & principle)
<br />Bayfair Reimbursement Agreement
<br />Debt Service 2001 COP (int & principle)
<br />Debt Service 2008 TABS (int & principle)
<br />Subtotal Disbursements
<br />Annual Shortfall
<br />2008-09
<br />2009-10
<br />2010-11
<br />2011-12
<br />2012-13
<br />2,712,049
<br />2,793,410
<br />2,877,212
<br />2,963,528
<br />3,052,434
<br />234,618
<br />150,000
<br />125,000
<br />100,000
<br />75,000
<br />2,946,667
<br />2,943,410
<br />3,002,212
<br />3,063,528
<br />3,127,434
<br />660,000
<br />679,800
<br />700,194
<br />721,200
<br />742,836
<br />(1) 208,828
<br />215,093
<br />221,545
<br />228,192
<br />235,037
<br />157,847
<br />110,135
<br />121,500
<br />133,265
<br />146,592
<br />50,000
<br />50,000
<br />50,000
<br />50,000
<br />50,000
<br />297,833
<br />297,833
<br />297,833
<br />297,833
<br />297,833
<br />250,000
<br />250,000
<br />250,000
<br />250,000
<br />200,000
<br />368,506
<br />343,845
<br />342,857
<br />346,375
<br />344,423
<br />1,888,670
<br />1,876,687
<br />1,872,937
<br />1,863,187
<br />1,857,687
<br />3,881,684
<br />3,823,393
<br />3,856,866
<br />3,890,051
<br />3,874,408
<br />(2) (935,017)
<br />(879,983)
<br />(854,654)
<br />(826,523)
<br />(746,974)
<br />Notes
<br />(1) Unanticipated estimated State take -a -way.
<br />(2) An annual shortfall was anticipated during the intital years of the 2008 Tax Allocation Bond payments. Some or all of the Developer Payments, Reimbursement
<br />General Fund loan and 2001 COP debt service payments to be paid from cash balance.
<br />G:\DEPT\Office of Business Development\Files RDA\Administration & Budget\Financial Reports\2008-09FiveYearProjection.xlsx
<br />
|