FY 24 APPROVED OPERATING BUDGET

DEPARTMENT: DEBT SERVICE DIVISION: Debt Service - 661310 Principle, 662310 Interest - Tax Increment Financing

This account is a special fund for deposit of a certain portion of the real property tax collected in a development district and used to finance or reimburse the cost of special obligation bonds for certain public improvements relating to the district without constituting a general obligation of the County.

ORIGINAL BUDGET FY 23

EXECUTIVE PROPOSED FY 24

ENACTED FY 24

AUDITED FY 21

AUDITED FY 22

PRINCIPAL PAYMENTS: 6101

County Bonds Beech Creek

100,000

310,000

0

0

0

TOTAL INTEREST PAYMENTS 100,000

310,000

0

0

0

INTEREST PAYMENTS: 6201

835,000

County Bonds 1,034,625

411,727

840,000

835,000

Beech Creek

835,000

TOTAL INTEREST PAYMENTS 1,034,625

411,727

840,000

835,000

835,000

1,134,625

721,727

840,000

835,000

736