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City of Louisville, Colorado
<br />Urban Revitalization District Fund
<br />2010 Actual Through 2017 Forecast
<br />20102011201220132014201520162017
<br />Account NumbeAccount DescriptionctualctualEstimatedBudget
<br />ProjectionProjectionProjectionProjection
<br />rAA
<br />Beginning Fund Balance 5,457 1,640 47,623 49,750 46,543
<br /> 23,782 3,897 -
<br />022-001-41100-00General Property Tax Revenue49,106113,169
<br /> 4 3,310 5 7,270 6 4,950 7 7,940 8 5,734102,881
<br />022-001-46110-00Interest Earnings
<br /> 6 49 1 44 2 50 2 50 1 23 3 64 4 79 5 50
<br />022-001-46110-01Net Increase (Decrease) in Fair Value
<br /> 1 19 ( 194) - - - - - -
<br />Total Revenue
<br /> 49,874 43,260 57,520 65,200 78,063 86,098 103,360 113,719
<br />022-110-53100-23Professional Services - Investment Fees
<br /> 3 6 2 1 2 0 2 0 2 0 2 1 2 1 2 2
<br />022-110-53100-99Professional Services-Other
<br /> 2 4 5 3 - - - - - -
<br />022-110-53110-00Admin & Ops - Current GF Labor Costs30,48635,080
<br /> 2 8,695 3 0,280 3 1,080 3 2,060 3 2,820 3 4,190
<br />022-110-53110-00Admin & Ops - Prior LRC Liability39,21432,460 -
<br /> 1 2,931 3 2,680 - - -
<br />(New Account)Capital Contribution - City of Louisville75,000
<br /> - - - - - 45,000 6 5,000
<br />(New Account)Repayment of TIF Revenue to BC
<br /> - - - - - 6 ,130 7 ,356 8 ,092
<br />Total Expenditures62,980
<br /> 69,759 41,700 63,560 32,080 83,971 106,567 118,194
<br />Ending Fund Balance
<br /> 3,897 5,457 - 1,640 47,623 49,750 46,543 42,068
<br />Notes:General property tax revenue in 2013 based on preliminary incremental assessed valuation received from Boulder County and the current mill
<br /> levies. Final assessed valuation will be received at the end of November. Current mill levies will not be known until certification by Boulder
<br /> County Commissioners.
<br />General property tax revenue for 2014 - 2017 is based on general trends of 10%-20% increase per year. These amounts do not include any
<br /> assumptions for specific developments.
<br />"LRC" Liability is projected to be paid off diring 2013.
<br />Capital Contribution - City of Lousiville is derived from the City's current Capital Improvement Program and represents capital contributions for
<br /> the South Street Underpass Project.
<br />Repayment of TIF Revenue to Boulder County is calculated as 7.15% of general property tax revenue per the 2006 Tri-Party Agreement.
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