Arlington EDC Funds Flow Projection |
Actual |
Actual |
Actual |
Projected |
FY 2021 |
FY 2022 |
FY 2023 |
FY 2024 |
|
Beginning Balance |
$ 0 |
$ 10,853,564 |
$ 33,352,739 |
$ 55,006,031 |
Sales Tax Revenue |
11,164,714 |
24,115,528 |
23,849,011 |
25,000,735 |
Investment Income |
- |
137,745 |
912,453 |
2,014,149 |
Other Revenue |
- |
( 888,339 ) |
273,566 |
- |
Debt Proceeds |
- |
- |
- |
- |
Available to Fund Ops and Projects |
11,164,714 |
34,218,498 |
58,387,768 |
82,020,915 |
Operations |
311,151 |
865,759 |
1,572,471 |
2,110,558 |
Available to Fund projects |
10,853,564 |
33,352,739 |
56,815,297 |
79,910,357 |
Project Funding |
- |
- |
7,631,350 |
12,920,250 |
Project Commitments |
- |
- |
- |
- |
Debt Service |
- |
- |
- |
- |
Total Funded and Committed |
- |
- |
7,631,350 |
12,920,250 |
Value of Fixed Assets ( land ) |
- |
- |
5,822,084 |
- |
Ending balance / Available to fund new projects |
$ 10,853,564 |
$ 33,352,739 |
$ 55,006,031 |
$ 66,990,107 |
OFFICE OF ECONOMIC DEVELOPMENT | ||
Arlington , TX |
FY24 AMENDED |
FY25 ADOPTED |
Operations |
$ 591,093.50 |
$ 591,093.50 |
Program Funding |
$ 240,225.50 |
$ 211,890.00 |
Total Budget |
$ 831,319.00 |
$ 802,983.50 |