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Landfill Trust Fund
<br />Fund #803 Actual Actual Actual Actual Projected Projected Projected Projected Projected
<br />Cash Balance 2007 2008 2009 2010 2011 2012 2013 2014 2015
<br />Beginning Balance 3,765,984 3,420,806 3,536,624 3,616,892 3,307,739 3,418,467 3,530,856 3,644,931 3,760,717
<br />Interest Earnings 195,421.81 157,054.06 105,902.00 96,290.49 49,616.08 51,277.01 52,962.84 54,67196 _ 56,410.75
<br />Loan Payments- interest Only
<br />PW Facility Loan-Int (6 %) -12yri
<br />PD Facility Loan-Int (8 %) -20 Y1 30,540 28,094 25,453 22,600 19,519 16,191 12,597 12,597 12,597
<br />Loan Payments - Principal Only
<br />PW Facility Loan-Prin (6 %) -12y
<br />PD Facility Loan-Prin (8 %) -20 7 30,572 33,018 35,660 38,512 41,593 44,921 48,515 48,515 48,515
<br />Muni Center Debt Transfer
<br />Elmcrest Creek Trail (75,000)
<br />Ramsey Crossings -City costs after pr (521,589) (30,284)
<br />RTC Ramp Expense (14,660)
<br />Share of Ramsey Express Bus (net of (80,123) (72,064) (72,087) (466,556)
<br />Trott Brook Trail Corridor (15,000)
<br />Remaining Balance 3,420,806 3,536,624 3,616,892 3,307,739 3,418,467 3,530,856 3,644,931 3,760,717 3,788,240
<br />LANDFILL TRUST FUND:
<br />Revenue Sources:
<br />1. Interest Earnings
<br />Expenditure Uses:
<br />1. Legal Expenses related to lare and post closure
<br />2. Transfers to Park Improvening Fund (425) -This fund is used to account for park acquisitions and improvements as detailed in CIP
<br />In an amount not to exceest available in the fund
<br />3. Transfers to non - operating bet, retire or avoid future debt. Can not exceed amount of interest earnings.
<br />4. Any capital expenditures thilitze principal. Need four -fifths vote of City Council.
<br />5. Loans or transfers other lhapenditures only if City Council declares an emergency situation.
<br />4/20/2011
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