Harford County, Maryland FY 24 Proposed 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

AUDITED FY 21

AUDITED FY 22

CHANGE FY 23 VS FY 24

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

County Bonds Beech Creek

1,034,625

411,727

840,000

835,000

(5,000)

TOTAL INTEREST PAYMENTS

1,034,625

411,727

840,000

835,000

(5,000)

1,134,625

721,727

840,000

835,000

(5,000)

614