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TIF - Douglas Road Fund 435
<br />
<br />Fiscal Year Revenue Expenditures Net Ending Cash
<br />2000 Actual -$ -$ -$ -$
<br />2001 Actual - - - -
<br />2002 Actual - - - -
<br />2003 Actual - - - -
<br />2004 Actual - - - -
<br />2005 Actual - - - -
<br />2006 Actual - - - -
<br />2007 Actual 13,941 - 13,941 13,941
<br />2008 Actual - 13,926 (13,926) 15
<br />2009 Actual 1,303,937 1,180,252 123,686 123,701
<br />2010 Actual 619,818 586,723 33,095 156,796
<br />2011 Actual 306,300 270,423 35,876 192,672
<br />2012 Actual 286,436 318,183 (31,746) 160,926
<br />2013 Actual 324,393 190,718 133,675 294,600
<br />2014 Actual 322,451 395,493 (73,042) 221,558
<br />2015 Actual 271,422 341,545 (70,123) 151,435
<br />2016 Actual 346,312 341,288 5,024 156,459
<br />2017 Budget 327,858 344,216 (16,358) 140,101
<br />Total 4,122,868$ 3,982,767$ 140,101$
<br />Notes
<br />The Douglas Road TIF was established to develop the road and area near the border
<br />between South Bend and Mishwaka. The fund borrowed money from the City of Mishawaka
<br />and Major Moves Fund (412) to finance construction. TIF tax revenue is used to repay the
<br />loans. During February 2015, the amounts due to the City of Mishawaka was paid in full.
<br />Payments will now be accelerated on the Major Moves loan in order to pay it off as early as
<br />available cash allows.
<br /> $-
<br /> $50
<br /> $100
<br /> $150
<br /> $200
<br /> $250
<br /> $300
<br /> $350
<br /> $-
<br /> $200
<br /> $400
<br /> $600
<br /> $800
<br /> $1,000
<br /> $1,200
<br /> $1,400
<br />Ending Cash (Thousands)Revenue & Expenditures (Thousands)Revenue Expenditures Ending Cash
<br />Fund Revenue and
<br />Expenditures Report Fund 435 91
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