Page 113 - Mansfieldr FY20 Approved Budget
P. 113

CITY OF MANSFIELD, TEXAS
                                MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
                                             REVENUE DEBT SERVICE FUND
                                                    BUDGET SUMMARY
                                                         2019/2020


                                                           ACTUAL            BUDGET             BUDGET
                                                          2017/2018          2018/2019          2019/2020

                Beginning Net Assets                    $                  -  $                  -  $                  -


                Additions:
                   Sales Tax Revenue                             2,390,343           2,657,375           2,651,125


                      Total                                      2,390,343           2,657,375           2,651,125


                Assets Available                                 2,390,343           2,657,375           2,651,125


                Deductions:
                  Bond Principal                                 1,555,000           1,605,000           1,740,000
                  Interest                                          643,573           1,052,375              911,125
                  Paying Agent Fee                                         450                          -                          -
                  Bond Issuance Cost                                191,320                          -                          -


                      Total                                      2,390,343           2,657,375           2,651,125


                Ending Net Assets                       $                  -  $                  -  $                  -


               *Budget is Adopted and Final Budget.

















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