HomeMy WebLinkAboutOrd 1201 Exhibit B 2018 Termnation BudgetExhibit B
Rexburg Urban Renewal Agency
Washington School District
FY 2018 Termination Budget
Construction/Demolition Costs Owed to City 431,695.17$
Estimated Future Administrative Costs 30,000.00$
Total Estimated Costs to Closeout 461,695.17$
Current Cash Balance as of 4/30/18 95,497.26$
Estimated Tax Receipts through 9/30/18 90,000.00$
Total Available Funds through 9/30/18 185,497.26$
Estimated Net Deficit Owed to City 276,197.91$
Estimated Possible City Writeoff 276,197.91$
Estimated Payment to City by 9/30/18 155,000.00$
Estimated Administrative Costs before 9/30/18 15,000.00$
Total Budgeted Expenditures for FY 2018 170,000.00$
Estimated Carryover for FY 2019 16,000.00$
Estimated Expenses for FY 2019 16,000.00$