preliminary fy 2011-12 city of glendale, az annual budget book

FY 2012 - 2021 Capital Improvement Plan
Fund and Project Summary
2100 - Economic Development Construction Category: 6%
FY 2012: FY 2013: FY 2014: FY 2015: FY 2016: FYs 17-21:
Estimated Beginning Balance: $1,804,329 $61,531 $61,877 $62,256 $62,635 $63,047
Revenue
Bond Proceeds^ 0 0 0 0 0 91,495,000
Interest Income 5,251 346 378 379 412 1,030
Investment Income 45 0 0 0 0 0
Total Revenue:
Operating Expenses
5,296 346 378 379 412 91,496,030
Advisor Fees 2,000 0 0 0 0 0
Total Operating Expenses:
2,000 0 0 0 0 0
Project Expenses Carryover New Funding
Existing Assets
Improvement of Existing Assets
84401 Downtown Redevelopment
450,000 0 0 0 0 0 25,625,000
Sub-Total - Existing Assets 450,000
0 0 0 0 0 25,625,000
New Assets
84400 Downtown Land Acquisition
846,094 0 0 0 0 0 23,062,500
84406 Loop 303 Infrastructure
0 0 0 0 0 0 5,966,771
84407 New Development Infrastructure 450,000 0 0 0 0 0 36,900,000
Sub-Total - New Assets 1,296,094
0 0 0 0 0 65,929,271
Total Project Expenses:
1,746,094 0 0 0 0 0 91,554,271
Total FY 2012 Funding:
1,746,094
Estimated Ending Balance: $61,531 $61,877 $62,256 $62,635 $63,047 $4,806
*New Project
^Will require additional voter authorization in last 5 years of the plan.
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