Page 128 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget

FIVE YEAR FINANCIAL FORECAST
ALL MUNICIPAL FUNDS

ESTIMATED PROPOSED 1 2 3 4
DESCRIPTION FY 17- 18 FY 18- 19 FY 19- 20 FY 20- 21 FY 21- 22 FY 22- 23

DEBT SERVICE FUNDS

FUND 300 - DEBT SERVICE ( revenue supported)
Transfer in - GF 100 1,174, 669 1,005, 901 1,253, 207 1,147, 056 1,084, 032 1,053, 096
Transfer In - 4B 200 1,237, 500 1,400, 000 1,153, 272 1,250, 735 1,317, 397 1,340, 769
Total Transfers In 2, 412, 169 2, 405, 901 2,406, 479 2,397, 791 2,401, 429 2,393, 865
Bank Charge - 2011 GORB ( 400)( 400)( 400)( 400)( 400)( 400)
Principal - Issue 2011 GORB ( 700, 000)( 715, 000)( 730, 000)( 750, 000)( 770, 000)( 790, 000)
Refunding of 2002/ 2003
Interest - Issue 2011 GORB ( Issue- 2011- GORB Program 10 192, 650)( 171, 425)( 149, 750)( 127, 550)( 104, 750)( 81, 350)
TOTAL ( 893, 050)( 886, 825)( 880, 150)( 877, 950)( 875, 150)( 871, 750)
Bank Charge - Issue 2013 CO ( Academy Expansion 440)( 440)( 440)( 440)( 440)( 440)
Principal - Issue 2013 CO ( Issue- 2013- CO 178, 000)( 182, 450)( 191, 350)( 191, 350)( 200, 250)( 204, 700)
Interest - Issue 2013 CO ( Program 12 267, 172)( 263, 568)( 259, 830)( 255, 525)( 250, 630)( 245, 056)
TOTAL ( 445, 612)( 446, 458)( 451, 620)( 447, 315)( 451, 320)( 450, 196)
Bank Charge - Issue 2014 GORB 0 ( 440)( 450)( 450)( 450)( 450)
Refunding of 2003
Principal - Issue 2014 GORB ( 5,000)( 5,000)( 5,000)( 5,000)( 5,000)( 5,000)
Issue- 2014- GORB Program
Interest - Issue 2014 GORB ( 14 65, 040)( 64, 860)( 64, 680)( 64, 500)( 64, 320)( 64, 140)
TOTAL ( 70, 040)( 70, 300)( 70, 130)( 69, 950)( 69, 770)( 69, 590)
Bank Charge - 2017 CO ( 450)( 450)( 450)( 450)( 450)( 450)
Fire Station Bonds
Principal - Issue 2017 CO ( 200, 000)( 205, 000)( 210, 000)( 215, 000)( 225, 000)( 230, 000)
Issue- 2017- CO
Interest - Issue 2017 CO ( Program 17 310, 800)( 304, 725)( 298, 500)( 292, 125)( 285, 525)( 278, 700)
TOTAL ( 511, 250)( 510, 175)( 508, 950)( 507, 575)( 510, 975)( 509, 150)
Bank Charge - 2017 GORB ( Refunding of 2007 450)( 450)( 450)( 450)( 450)( 450)
Principal - Issue 2017 GORB ( Issue- 2017- GORB Program 30, 000)( 30, 000)( 35, 000)( 35, 000)( 35, 000)( 35, 000)
Interest - Issue 2017 GORB ( 15 227, 625)( 227, 025)( 226, 375)( 225, 675)( 224, 888)( 223, 925)
TOTAL ( 258, 075)( 257, 475)( 261, 825)( 261, 125)( 260, 338)( 259, 375)
Bank Charge - 2017 Tax Note Fire Station Tax Note 0 ( 550)( 550)( 550)( 550)( 550)
Principal - 2017 Tax Note ( Issue- 2017- TTN 202, 000)( 212, 000)( 215, 000)( 219, 000)( 223, 000)( 227, 000)
Interest - 2017 Tax Note ( Program 16 32, 142. 28) ( 22, 118)( 18, 254)( 14, 326)( 10, 326)( 6,254)
TOTAL ( 234, 142)( 234, 668)( 233, 804)( 233, 876)( 233, 876)( 233, 804)
Total Expenditures & Transfers Out ( 2, 412, 169)( 2, 405, 901)( 2,406, 479)( 2,397, 791)( 2,401, 429)( 2,393, 865)
NET CHANGE TO FUND BALANCE 0.00 0 0 0 0 0
Beginning Fund Balance 0 0 0 0 0 0
Ending Fund Balance 0 0 0 0 0 0
Restricted/ Committed/ Assigned 0 0 0 0 0 0
Unassigned Ending Balance 0 0 0 0 0 0

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