Page 111 - CityofMansfieldFY23Budget
P. 111

CITY OF MANSFIELD, TEXAS
                                MANSFIELD ECONOMIC DEVELOPMENT CORPORATION
                                             REVENUE DEBT SERVICE FUND
                                                    BUDGET SUMMARY
                                                         2022/2023

                                                           ACTUAL            BUDGET             BUDGET
                                                          2020/2021          2021/2022          2022/2023


                Beginning Net Assets                    $                      -  $                      -  $                      -


                Additions:
                   Sales Tax Revenue                             2,666,158           2,660,857           2,653,848


                      Total                                      2,666,158           2,660,857           2,653,848


                Assets Available                                 2,666,158           2,660,857           2,653,848


                Deductions:
                  Bond Principal                                 1,795,000           1,850,000           1,905,000
                  Interest                                          868,484              810,857              748,848
                  Bond Issuance Cost                                    2,674                          -                          -


                      Total                                      2,666,158           2,660,857           2,653,848


                Ending Net Assets                       $                  -  $                      -  $                      -


               *Budget is Adopted and Final Budget.



















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