FY 17 Annual Report
Restricted Cash Funds
2017
CITY OF SPENCER, IOWA
CAPITAL IMPROVEMENT RESERVES
FUND #053
INTERNAL LOAN INFORMATION
LOAN NAME
DUE FROM Golf Course Hotel/Motel Tax
BALANCE 6/30/2017
Clubhouse Construction Loan
$20,000 $200,000
Economic Development - Shine Brothers
$137,101.31
Shine Brothers
Advanced Special Assessments
$1,186,116.00 $250,621
Principal Interest (Anticipated)
Fairway Estate Loan
$69,281.70
SPINA
$47,878
Fairway Court Housing
TIF
Green Industrial Sewer
$434,499.00
TIF TIF
$60,000
Hy-Vee Debt Prepayment
TOTAL OUTSTANDING INTERNAL LOANS
$2,405,497
RESTRICTED CASH
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