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CITY OF RAMSEY, MINNESOTA <br />DEVELOPMENT DISTRICT NO. 2 <br />Schedule of Sources and Uses of Public Funds <br />For Tax Increment Financing District No. 3 <br />For the Year Ended December 31, 1995 <br />(Unaudited) <br />Accounted Current <br />Original for in Year Amount <br />Budget Prior Years Amount Remaining <br />SOURCES OF FUNDS: <br />Bond Proceeds (net) $ 156,000 $ 158,149 $ - $ (2,149) <br />Tax Increments Received 234,964 291,408 26,969 (83,413) <br />Interest on Investments 12,650 18,825 2,900 (9,075) <br />Total Sources of Funds 403,614 468,382 29,869 (94,637) <br />USES OF FUNDS: <br />Site Improvements 131,000 111,945 19,055 <br />Engineering 19,650 23,808 (4,158) <br />Debt Service - <br />Principal 160,000 90,000 20,000 50,000 <br />Interest and Fiscal Charges 93,724 87,423 5,876 425 <br />Administrative/Legal 10,000 10,610 371 (981) <br />Total Uses of Funds 414,374 323,786 26,247 64,341 <br />FUNDS REMAINING (DEFICIT) $ (10,760) $ 144,596 $ 3,622 $ (158,978) <br />This supplementary schedule is required by Minnesota State Statutes. This schedule is unaudited, therefore, no opinion is expressed on it. <br />-127- <br />