TABLE 4 : Community Redevelopment Trust Fund Transactions , Year ended September 30 , 2021
Source of Deposits
City of Port St . Lucie $ 1,862,946 St . Lucie County ( Ad Valorem ) ( TIF ) $ 2,316,697 Sale of Capital Assets ( Parks MSTU ) $ 1,800,000 City of Port St . Lucie Utility Systems Department $ 15,048 Interest Earnings $ 187 Total Deposits $ 5,994,878
Purpose of Withdrawals
Debt Service Principal $ 3,585,000
Debt Service Interest $ 1,294,125 Special Assessment District Payment $ 724,471 Stormwater Utility Payment $ 8,692 Interfund Transfer $ 960 CRA Operating Expenses $ 414,169 Land $ 115,326 Total Withdrawals $ 6,143,012
Source : City of Port St . Lucie Finance Department ( UNAUDITED )
TABLE 5 : Community Redevelopment Tax Increment Bonds
Principal and Interest on Indebtedness
Principal Interest Total
Series 2016 Bonds $ 24,070,000 $ 3,277,750 $ 27,347,750
Source : City of Port St . Lucie Finance Department ( UNAUDITED )
TABLE 6 : Contribution from Parks MSTU Fund for Civic Center and Village Plaza
FY 2012-13 |
$ 1,000,000 |
FY 2013-14 |
$ 2,711,570 |
FY 2014-15 |
$ 3,300,000 |
FY 2015-16 |
$ 3,000,000 |
FY 2016-17 |
$ 1,800,000 |
FY 2017-18 |
$ 1,600,000 |
FY 2018-19 |
$ 1,600,000 |
FY 2019-20 |
$ 1,700,000 |
FY 2020-21 |
$ 1,800,000 |
Source : City of Port St . Lucie Finance Department ( UNAUDITED )
2021 ANNUAL REPORT COMMUNITY REDEVELOPMENT AGENCY Page 27