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City of Louisville, Colorado
<br />Urban Revitalization District Fund
<br />2017 Amended Budget
<br />Account Description
<br />2016 2016 2017 2017 2017
<br />Amended Approved
<br />Budget Actual Budget Carry Forward Amend #1
<br />Beginning Fund Balance
<br />522,718 813,005 3,398,942 3,398,942
<br />General Property Tax Revenue 562,200 529,979 800,000 800,000
<br />Core Area Project Proceeds - City of Louisville
<br />Interest Earnings 2,000 9,747 2,000 2,000
<br />Net Increase (Decrease) in Fair Value - 440
<br />Developer Contribution - 50,690 - -
<br />Bond Proceeds 3,750,000 3,750,000 -
<br />Total Revenue 4,314,200 4,340,856 802,000 802,000
<br />Professional Services - Investment Fees 200 5,143 200 200
<br />Professional Services - Other 26 -
<br />Support Services - City of Louisville 33,180 36,689 34,030 34,030
<br />Capital Contribution - City of Louisville 65,000 110,000 75,000 75,000
<br />Repayment of TIF Revenue to Boulder County 40,200 38,355 60,000 60,000
<br />Downtown Parking Feasibility Study 80,000 80,000
<br />Gateway Base w/Plaque 3,000 3,000
<br />Gateway Opening Celebration 4,000 4,000
<br />TIF Rebate - Safeway/Loftus Development 91,200 84,966 130,000 130,000
<br />Regional Detention Facility 125,000 125,000 -
<br />South Street Reconstuction 200,000 - 200,000 325,000
<br />Payments from Construction Fund - DELO Development 3,750,000 1,260,092 2,365,001 704,884 3,069,885
<br />Bond Maintenance Fees - Paying Agent 6,500 6,500 6,500 6,500
<br />Interest - Bonds 315,000 162,458 125,000 125,000
<br />Principal - Bonds - -
<br />Bond Issuance Costs 37,500 50,690 -
<br />Total Expenditures 4,663,780 1,754,919 2,882,731 1,029,884 3,912,615
<br />Ending Fund Balance (Budget Basis) 173,138 3,398,942 1,318,211 288,327
<br />Accrued Interest on Bonds (less Bond Payment) 201,567 201,567
<br />Ending Fund Balance (GAAP Basis) 1,116,644 86,760
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