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SIX-YEAR FORECAST: SPECIAL REVENUE FUNDS
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<br />DEVELOPMENT FEES FOR STREET/TRAFFIC IMPROVEMENTS
<br />The Development Fees for Street/Traffic Improvement (DFSI) fund accounts for development
<br />fee assessments levied to provide for partial funding of street and traffic improvements
<br />associated with commercial and residential growth.
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<br />PARK DEVELOPMENT FEE FUND
<br />This fund accounts for park development fee assessments levied to provide for the
<br />acquisition and/or creation of new parks and park f acilities and for park development needs
<br />associated with residential growth.
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<br />2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
<br />DFSI Fund 120 Actual Actual Projected Projected Projected Projected Projected Projected Projected
<br />Beginning Fund Balance 1,084,544 1,549,151 1,787,700 1,894,172 1,874,172 2,174,172 2,498,172 2,821,162 3,168,132
<br />Revenue
<br /> Development Fees 369,848 474,571 100,000 400,000 400,000 425,000 425,000 450,000 450,000
<br /> Interest Income/Transfers 281,367 9,211 18,000 - - - - - -
<br /> Total Revenues 651,216 483,782 118,000 400,000 400,000 425,000 425,000 450,000 450,000
<br />Expenditures
<br /> Personnel 43,381 42,622 - - - - - - -
<br /> Non-Personnel 143,228 202,611 11,528 420,000 100,000 101,000 102,010 103,030 104,060
<br /> Total Expenditures 186,609 245,233 11,528 420,000 100,000 101,000 102,010 103,030 104,060
<br />Annual Surplus/(Shortfall)464,607 238,549 106,472 (20,000)300,000 324,000 322,990 346,970 345,940
<br />Ending Fund Balance 1,549,151 1,787,700 1,894,172 1,874,172 2,174,172 2,498,172 2,821,162 3,168,132 3,514,071
<br />2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25
<br />Park Development Fund 122 Actual Actual Projected Projected Projected Projected Projected Projected Projected
<br />Beginning Fund Balance 449,017 1,071,450 332,699 990,399 1,990,399 2,990,399 3,990,399 5,000,399 6,020,499
<br />Revenues
<br /> Development Fees 719,540 212,032 700,000 1,000,000 1,000,000 1,000,000 1,010,000 1,020,100 1,020,100
<br /> Interest Income/Other Revenue (4,160) 6,785 3,700 - - - - - -
<br /> Total Revenues 715,381 218,817 703,700 1,000,000 1,000,000 1,000,000 1,010,000 1,020,100 1,020,100
<br />Expenditures
<br /> Personnel 5,991 - - - - - - - -
<br /> Non-Personnel 86,957 957,567 46,000 - - - - - -
<br /> Total Expenditures 92,948 957,567 46,000 - - - - - -
<br />Annual Surplus/(Shortfall)622,433 (738,750)657,700 1,000,000 1,000,000 1,000,000 1,010,000 1,020,100 1,020,100
<br />Ending Fund Balance 1,071,450 332,699 990,399 1,990,399 2,990,399 3,990,399 5,000,399 6,020,499 7,040,599
<br />74
<br />96
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