Page 114 - Mansfield 2019 Operating Budget
P. 114

CITY OF MANSFIELD, TEXAS
                                 MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
                                              REVENUE DEBT SERVICE FUND
                                                    BUDGET SUMMARY
                                                         2018/2019


                                                           ACTUAL            BUDGET            BUDGET
                                                          2016/2017          2017/2018         2018/2019


                 Beginning Net Assets                   $                  -  $                  -  $                  -


                 Additions:
                    Sales Tax Revenue                            2,390,343           2,201,040           2,657,375

                       Total                                     2,390,343           2,201,040           2,657,375


                 Assets Available                                2,390,343           2,201,040           2,657,375


                 Deductions:
                   Bond Principal                                1,555,000           1,455,000           1,605,000
                   Interest                                         643,573              746,040           1,052,375
                   Paying Agent Fee                                        450                          -                          -
                   Bond Issuance Cost                               191,320                          -                          -


                       Total                                     2,390,343           2,201,040           2,657,375


                 Ending Net Assets                      $                  -  $                  -  $                  -


               *Budget is Adopted and Final Budget.

















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