2018 City of Shakopee Budget

132

CITY OF SHAKOPEE, MINNESOTA 2018 ANNUAL BUDGET DEBT SERVICE FUNDS

2007B

2008A 2010A

Improve

Improve

Improve

3040

3041

3042

Original Issuance

1,445,000

2,170,000

1,555,000

Maturity Date of Debt

2/1/2018 2/1/2019 2/1/2021

Estimated Cash Balance at 12/31/17

169,457

279,660 41,011 320,671 425,000 25,600

199,470 45,216 244,686 505,000 32,910

Estimated Deferred Revenue for SA 12/31/17 Estimated (Current & Future) Available Funds

-

169,457

Principal Payments Remaining

155,000

Interest Remaining

6,200

Levy 2016 Collected 2017 Debt Levy Per Debt Issuance

92,471

148,800

107,145

Debt Levy Cancellation Staff Recommendation for 2016 Levy General Fund Levy- Through Building Rent

92,471

148,800

107,145

-

-

-

Levy 2017 Collected 2018 Debt Levy Per Debt Issuance Debt Levy Cancellation

-

149,448 14,000 135,448

105,940

Staff Recommendation for 2016 Levy General Fund Levy- Through Building Rent

- -

105,940

-

-

Levy 2018 Collected 2019 Debt Levy Per Debt Issuance

-

-

114,951