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CITY OF RAMSEY, MINNESOTA
<br />DEVELOPMENT DISTRICT N0. 1
<br />SCHEDULE OF SOURCES AND USES OF PUBLIC FUNDS
<br />Tax Increment Financing District No. 4
<br />For the Year Ended December 31, 1996
<br />(Unaudited)
<br />SOURCES OF FUNDS:
<br />Accounted Current
<br />Original Amended for in Year Amount
<br />Bud¢et Budeet Prior Years Amount Remainine
<br />Bond proceeds (net) $ - $ 3,590,000 $ 232,790 $ - $ 3,357,210
<br />Tax increments received 1,015,276 1,015,276 669,691 144,676 200,909
<br />Interest on invested funds - - 143,616 18,668 (162,284)
<br />Special Assessments - -
<br />Real estate sales - - - - -
<br />Total Sources of Funds 1,015,276 4,605,276 1,046,097 163,344 3,395,835
<br />USES OF FUNDS:
<br />Land acquisition
<br />Site improvements or
<br />preparation costs
<br />Installation of public utilities
<br />Streets and sidewalks
<br />Public park facilities
<br />Other public improvements
<br />Bond payments -
<br />Principal
<br />Interest
<br />Loan payments -
<br />Principal
<br />Interest
<br />Administrative costs
<br />Other -
<br />Payments to developers
<br />Total Uses of Funds
<br />DISTRICT BALANCE
<br />Transfers to other funds
<br />FUNDS REMAINING
<br />45,038 - (45,038)
<br />_ _ 10,870 28,702 (39,572)
<br />567,000 4,157,370 208,227 - 3,949,143
<br />350,000 350,000 19,124 - 330,876
<br />_ _ 36,700 - (36,700)
<br />_ _ 19,103 - (19,103)
<br />- - 115,000 25,000 (140,000)
<br />_ _ 78,583 7,376 (85,959)
<br />78,000 78,000 8,572 1,206 68,222
<br />
<br />995,000 4,585,370 541,217 62,284 3,981,869
<br />20,276 19,906 504,880 101,060 (586,034)
<br />_ _ (101,396) (25,117) 126,513
<br />$ 20,276 $ 19,906 $ 403,484 $ 75,943 $ (459,521)
<br />This supplementary schedule is required by Minnesota State Statutes. This schedule is unaudited, therefore
<br />no opinion is expressed on it.
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