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CHANGES IN FUND BALANCE SUMMARY
Economic Development Fund
FY 2017/18 FY 2018/19
The Economic Development reserve was set at 2.5% The Economic Development reserve is set at 2.5%
of collected sales tax revenue with in the Park of collected sales tax revenue with in the Park
Development Fund. This year’s contribution is Development Fund. This year’s contribution is
projected to be $127,396. projected to be $129,943. $750,000 is forecasted
to be drawn down for ED1602 Loop 820
Redevelopment Project in the FY 18-19 CIP.
Crime Control & Prevention District Fund
FY 2017/18 FY 2018/19
A positive fund balance of $6,570 is planned to be $16,845 is planned to be drawn down to cover one-
added to reserves from annual revenues forecasted to time expenditures included in the fund.
exceed expenditures.
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