Page 109 - City of Mansfield FY22 Operarting Budget
P. 109

CITY OF MANSFIELD, TEXAS
                                MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
                                             REVENUE DEBT SERVICE FUND
                                                    BUDGET SUMMARY
                                                         2021/2022

                                                           ACTUAL            BUDGET             BUDGET
                                                          2019/2020          2020/2021          2021/2022


                Beginning Net Assets                    $                      -  $                      -  $                      -


                Additions:
                   Sales Tax Revenue                             2,653,799           2,663,484           2,660,857


                      Total                                      2,653,799           2,663,484           2,660,857


                Assets Available                                 2,653,799           2,663,484           2,660,857


                Deductions:
                  Bond Principal                                 1,740,000           1,795,000           1,850,000
                  Interest                                          911,126              868,484              810,857
                  Bond Issuance Cost                                    2,673                          -                          -


                      Total                                      2,653,799           2,663,484           2,660,857


                Ending Net Assets                       $                      -  $                      -  $                      -


               *Budget is Adopted and Final Budget.



















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