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Ogden City Redevelopment Agency Fiscal Year 2016-2017 Adopted Budget Ogden City’s Christmas Village ---PAGE BREAK--- OGDEN CITY REDEVELOPMENT AGENCY State of Utah Summary and Narrative Of Line Item BUDGET FISCAL YEAR 2016 - 2017 The Line Item Budget may be reviewed in the Ogden City Recorder’s Office or in the Comptroller Division’s Office during normal business hours. Board Members Marcia L. White, Chairman Bart E. Blair, Vice-Chairman Neil K. Garner Richard A. Hyer Luis Lopez Ben Nadolski Doug Stephens Executive Director Michael P. Caldwell Compiled by: Department of Management Services David G. Buxton, Management Services Director Lisa Stout, CPA, Comptroller Camille Cook, CGFM, Deputy Comptroller Justin Sorensen, Senior Analyst Korahle Jensen, Senior Accountant Cindi Hellewell, Accounting Technician 2 ---PAGE BREAK--- TABLE OF CONTENTS ADOPTED BUDGET 2016-2017 Resolution Adopting RDA Budget Guidelines for Fiscal Year 2017 Map of Project Areas List of Project Areas Summary Charts: Sources of Funding Departmental Expenditures Revenue Summary Schedule of Appropriations Program Summary Ogden Redevelopment Agency Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Fairmount District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail CBD Mall District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail South CBD District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Lincoln District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail 3 ---PAGE BREAK--- Table of Contents (continued) Washington Boulevard District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Lester Park District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Golden Links District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Park Boulevard District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail 25th Street District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail St. Benedict’s District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Union Gardens District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail 12th Street District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail DDO Tax Increment District Summary of Revenues and Expenditures Revenue Sources Expenditure Detail American Can Summary of Revenues and Expenditures Revenue Sources Expenditure Detail 4 ---PAGE BREAK--- Table of Contents (continued) Wall Avenue Summary of Revenues and Expenditures Revenue Sources Expenditure Detail West 12th Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Hinckley Drive Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Ogden River Redevelopment Project Area Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Hinckley Airport Summary of Revenues and Expenditures Revenue Sources Expenditure Detail South Wall Economic Development Area Summary of Revenues and Expenditures Revenue Sources Expenditure Detail Trackline Economic Development Area Summary of Revenues and Expenditures Revenue Sources Expenditure Detail East Washington Urban Renewal Area Summary of Revenues and Expenditures Revenue Sources Expenditure Detail RDA Housing Summary of Revenues and Expenditures Revenue Sources Expenditure Detail 5 ---PAGE BREAK--- 6 ---PAGE BREAK--- 7 ---PAGE BREAK--- RDA Budget Guidelines Fiscal Year 2017—Adopted on August 9, 2016 Reports. Quarterly, annual, and periodic reports are to be provided as defined by the Board. The reports shall cover the following: x Periodic Reports Information on Projects of specific interest to the Board A written report is not required x Quarterly Reports Major projects Status and progress for projects as requested by the Board A written report is not required x Annual Report Accomplishments Activity in each Project Area Financial position of each Project Area (audited) Budget to actual comparisons for each Project Area Periodic Reports. The details of the periodic reports will depend on the complexity of the specific project. The details and reporting frequency will be determined by the Board with input from the Administration. Quarterly Reports. The quarterly reports regarding the status and progress for RDA projects may be presented at a work session and should address specific projects of interest to the Board. A list of projects to be addressed will be provided to the Administrative staff at least three days prior to the work session. Annual Report. The Annual Report shall cover information for the prior fiscal year and shall include audited financial information. The annual report shall be presented at the RDA Meeting held in January. Financial Tracking of RDA Areas and Projects. The financial progress of each major RDA project within each RDA Area will be monitored. Summary reports will be submitted every April 1 and October 1. The Administration will provide information regarding all new projects as such projects are proposed. All reports should include the approved sources and proposed uses of funds to be expended (RDA and City). 8 ---PAGE BREAK--- Map of Project Areas 9 ---PAGE BREAK--- List of Project Areas REDEVELOPMENT PROJECT AREAS CBD MALL (1977). Created to facilitate the development of the Ogden City Mall. Site was approved in 2004 for a new mixed-use development now known as The Junction. The expiration date of the project area was extended by vote of the taxing entities committee from tax year 2014 to 2026. 25th STREET (1979). Created to assist in the redevelopment of the 25th Street national historic district. This well-known project area has become a hub for downtown activity. Expires 2015; except on Eccles Building (Hampton Inn) 2017. ST. BENEDICT MANOR (1981). Created to convert old hospital to a 100-unit apartment complex for seniors. Tax increment may only be used for recreation center purposes until 2015. UNION GARDENS (1981). Created to facilitate development of low income housing for the disabled and elderly at 3rd Street and Adams Avenue. Tax increment may only be used for recreation center purposes until 2015. WASHINGTON BLVD. (1983). Created to support redevelopment of the central downtown area, including construction of a 600-stall parking garage. Tax increment may only be used for recreation center purposes until 2015. LESTER PARK (1986). Created in support of developing residential inner-city housing. Beginning in 2012 tax increment may only be used for recreation center purposes until 2018. GOLDEN LINKS (1986). Created at the request of the Ogden Odd Fellows in support of a 1.4 acre not-for-profit housing project for the elderly and disabled. Beginning in 2013 tax increment may only be used for recreation center purposes until 2019. PARK BOULEVARD (1986). Created to eliminate blight in and around Park Boulevard near the Ogden River. Beginning in 2012 tax increment may only be used for recreation center purposes until 2018. 12th STREET (1987). Created to assist with the demolition of the old Weber High School property at 12th Street and Washington Blvd. in preparation of development of a commercial center. Beginning in 2016 tax increment may only be used for recreation center purposes until 2022. SOUTH CBD (1987). Created to facilitate improvement and expansion of an automobile dealership in the downtown area. Beginning in 2016 tax increment may only be used for recreation center purposes until 2022. 10 ---PAGE BREAK--- LINCOLN AVENUE (1987). Created to assist with redevelopment of a two-block industrial area in the northwest section of downtown. Beginning in 2018 tax increment may only be used for recreation center purposes until 2024. HINKLEY AIRPORT (1989). Created to encourage appropriate development on and around the Ogden Hinckley Airport. Expires 2021. FAIRMOUNT (1992). Created to assist in the redevelopment of the closed Volvo White GMC heavy truck plant. Beginning in 2018 tax increment may only be used for recreation center purposes until 2024. AMERICAN CAN (1999). Created to facilitate development of four blocks in the general vicinity between Washington and Wall near the American Can property. Expires 2017. WALL AVENUE (2000). Created to assist with the redevelopment of vacant warehousing and manufacturing space and to facilitate improvement of the vacant parcel on the 100 block of 25th Street as well as the Wall Avenue corridor. Expires 2018. OGDEN RIVER (2002). Created to facilitate redevelopment of the river neighborhood along the Ogden River between Washington Boulevard and Wall Avenue on the north boundary of the Central Business District. Expires 2019. URBAN RENEWAL AREAS EAST WASHINGTON (2010). Created to facilitate retail development on the east side of Washington Blvd. between 20th and 24th streets. Residential development may also be assisted as opportunities arise. Expires 2031. ECONOMIC DEVELOPMENT PROJECT AREAS DEFENSE DEPOT OGDEN (1998). Created to fund replacement of deteriorated infrastructure and construction of new infrastructure required to convert DDO to a manufacturing and business park. Expires 2019. WEST 12TH STREET (2001). Created to facilitate a major expansion of the Fresenius Medical’s manufacturing plant. Expires 2016. HINCKLEY DRIVE (2001). Created to facilitate expansion of the Williams International’s facility to manufacture jet engines. Expires 2016. SOUTH WALL (2012). Created to facilitate the attraction of new and the expansion of existing automobile dealerships along Wall Avenue. Expires 2022. TRACKLINE (2013). Created to facilitate the attraction of new commercial and manufacturing businesses to the otherwise blighted area known as the Ogden Stockyards. Expires 2033. 11 ---PAGE BREAK--- 764,800 84,975 415,000 4,873,900 11,969,225 18,107,900 15,930,125 4,800 2,172,975 18,107,900 COUNCIL 0.03% RDA 12.00% 100% 100% DEPARTMENTAL EXPENDITURES COMMUNITY AND ECONOMIC DEVELOPMENT 87.97% MISCELLANEOUS 2.29% OTHER FINANCING SOURCES 26.92% TAXES 66.10% INTEREST 0.47% OGDEN REDEVELOPMENT AGENCY 2016 - 2017 BUDGET FUNDING SOURCES CHARGES FOR SERVICES 4.22% FUNDING SOURCES CHARGES FOR SERVICES INTEREST MISCELLANEOUS OTHER FINANCING SOURCES TAXES DEPARTMENTAL EXPENDITURES COMMUNITY AND ECONOMIC DEVELOPMENT COUNCIL RDA 12 ---PAGE BREAK--- 0.97% 0.95% 3.34% 21.80% 31.73% 0.16% 7.00% 0.00% 0.94% 1.32% 0.55% 2.71% 4.11% 2.83% 0.33% 7.91% 0.38% 0.17% 1.52% 0.76% 10.51% 100% OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET REVENUE SUMMARY 12TH STREET TAX INC. DIST. 175,600 25TH STREET TAX INC. DIST. 171,900 AMERICAN CAN TAX INC. DIST. 605,000 CBD MALL TAX INC. DIST. 3,947,025 DDO TAX INC. DIST. 5,745,000 EAST WASHINGTON URBAN RENEWAL AREA 28,100 FAIRMOUNT TAX INC. DIST. 1,267,500 GOLDEN LINKS TAX INC. DIST. 750 HINCKLEY AIRPORT 170,000 HINCKLEY DR TAX INC. DIST. 238,500 LESTER PARK TAX INC. DIST. 100,250 LINCOLN TAX INC. DIST. 491,500 OGDEN REDEVELOPMENT AGENCY 744,900 OGDEN RIVER REDEV PROJECT AREA 512,050 PARK BLVD. TAX INC. DIST. 60,150 SOUTH CBD TAX INC. DIST. 68,700 SOUTH WALL ECONOMIC DEV AREA 31,100 RDA HOUSING 1,432,875 TRACKLINE ECONOMIC DEV AREA 276,000 18,107,900 WALL AVENUE TAX INC. DIST. 137,000 WEST 12TH TAX INC. DIST. 1,904,000 $18,107,900 DDO TAX INC. DIST. EAST WASHINGTON URBAN RENEWAL AREA FAIRMOUNT TAX INC. DIST. GOLDEN LINKS TAX INC. DIST. HINCKLEY AIRPORT HINCKLEY DR TAX INC. DIST. LESTER PARK TAX INC. DIST. LINCOLN OGDEN REDEVELOPMENT AGENCY OGDEN RIVER REDEV PROJECT AREA PARK BLVD. RDA HOUSING SOUTH CBD SOUTH WALL ECONOMIC DEV AREA TRACKLINE ECONOMIC DEV AREA WALL AVENUE WEST 12TH TAX INC. DIST. 12TH STREET TAX INC. DIST. 25TH STREET TAX INC. DIST. AMERICAN CAN TAX INC. DIST. CBD MALL TAX INC. DIST. 13 ---PAGE BREAK--- 4,658 6,000 15,000 15,000 1,974,650 723,900 1,994,308 744,900 - 65,000 3,111 2,500 67,547 - 1,245,033 1,200,000 1,315,691 1,267,500 694,800 699,800 8,303 10,000 17,714 - 1,697,135 1,937,225 1,356,988 1,300,000 3,774,940 3,947,025 142 200 67,153 68,500 67,295 68,700 1,192 1,500 499,882 490,000 501,074 491,500 816 - 344,949 - 345,765 - 208 250 93,413 100,000 93,621 100,250 1 25 713 725 714 750 MISCELLANEOUS - INTEREST 200 TAXES 465,000 INTEREST 1,000 TAXES 345,000 INTEREST 400 INTEREST 250 INTEREST 10,000 OTHER FINANCING SOURCES 2,340,025 TAXES 1,300,000 MISCELLANEOUS 17,700 90,000 INTEREST 50 TAXES 725 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN REDEVELOPMENT AGENCY CBD MALL TAX INC. DIST. CHARGES FOR SERVICES 826,300 4,494,025 SOUTH CBD TAX INC. DIST. MISCELLANEOUS 15,000 FAIRMOUNT TAX INC. DIST. TAXES 1,195,000 INTEREST 2,500 90,400 GOLDEN LINKS TAX INC. DIST. 775 TAXES OGDEN CITY 2016-2017 BUDGET REVENUE SUMMARY REPORT 831,000 INTEREST 6,000 OTHER FINANCING SOURCES 810,000 CHARGES FOR SERVICES 90,000 1,287,500 TAXES 60,900 61,150 LINCOLN TAX INC. DIST. 465,200 WASHINGTON BLVD. TAX INC. DIST. 346,000 LESTER PARK TAX INC. DIST. 14 ---PAGE BREAK--- 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN CITY 2016-2017 BUDGET REVENUE SUMMARY REPORT 135 150 63,475 60,000 63,610 60,150 2,129 2,000 - 129,900 674,224 40,000 676,353 171,900 471 - 200,370 - 200,841 - 56 - 23,762 - 23,818 - 400 600 168,165 175,000 168,565 175,600 48,962 45,000 - 400,000 5,243,040 5,300,000 5,292,002 5,745,000 5,194 5,000 495,558 600,000 500,752 605,000 2,255 2,000 136,371 135,000 138,626 137,000 OTHER FINANCING SOURCES - DDO TAX INC. DIST. 5,545,000 WALL AVENUE TAX INC. DIST. 127,000 471,500 AMERICAN CAN TAX INC. DIST. 24,100 12TH STREET TAX INC. DIST. 161,000 TAXES 24,000 INTEREST 500 TAXES 160,500 221,500 INTEREST 2,000 TAXES 640,000 INTEREST 500 TAXES UNION GARDENS TAX INC. DIST. 60,100 25TH STREET TAX INC. DIST. 642,000 ST. BENEDICTS TAX INC. DIST. 100 TAXES 60,000 PARK BLVD. TAX INC. DIST. MISCELLANEOUS 200,000 INTEREST 100 221,000 INTEREST 45,000 INTEREST TAXES 5,300,000 INTEREST 5,000 TAXES 466,500 INTEREST 2,000 TAXES 125,000 15 ---PAGE BREAK--- 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN CITY 2016-2017 BUDGET REVENUE SUMMARY REPORT 4,544 6,000 1,928,645 1,898,000 1,933,189 1,904,000 2,746 2,500 309,869 236,000 312,615 238,500 2,129 50 111,376 - - 400,000 109,193 112,000 222,698 512,050 1,408 1,000 162,172 169,000 163,580 170,000 74 100 42,685 31,000 42,759 31,100 (763) - 335 - 230,750 250,000 25,725 26,000 256,047 276,000 160 100 53,656 28,000 53,816 28,100 - 1,432,875 - 1,432,875 GRAND TOTAL: 18,142,679 18,107,900 MISCELLANEOUS - INTEREST - INTEREST - OTHER FINANCING SOURCES - INTEREST - MISCELLANEOUS - INTEREST RDA HOUSING HINCKLEY AIRPORT TAX INC. DIST. 161,000 WEST 12TH TAX INC. DIST. 2,245,000 HINCKLEY DR TAX INC. DIST. 1,000 OGDEN RIVER REDEV. PROJECT AREA 1,049,000 EAST WASHINGTON URBAN RENEWAL AREA 50,000 TRACKLINE ECONOMIC DEV. AREA 25,000 SOUTH WALL ECONOMIC DEV. AREA 950,000 TAXES 160,000 OTHER FINANCING SOURCES 1,621,275 20,367,025 1,621,275 35,000 352,500 INTEREST - TAXES 99,000 2,500 INTEREST INTEREST 5,000 TAXES 2,240,000 TAXES 35,000 TAXES 25,000 TAXES 50,000 TAXES 350,000 OTHER FINANCING SOURCES 16 ---PAGE BREAK--- 0.97% 0.95% 3.34% 21.80% 31.73% 0.16% 7.00% 0.00% 0.94% 1.32% 0.55% 2.71% 4.11% 2.83% 0.33% 7.91% 0.38% 0.17% 1.52% 0.76% 10.51% 100% OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET APPROPRIATIONS BY FUND 12TH STREET TAX INC. DIST. 175,600 25TH STREET TAX INC. DIST. 171,900 AMERICAN CAN TAX INC. DIST. 605,000 CBD MALL TAX INC. DIST. 3,947,025 DDO TAX INC. DIST. 5,745,000 EAST WASHINGTON URBAN RENEWAL AREA 28,100 FAIRMOUNT TAX INC. DIST. 1,267,500 GOLDEN LINKS TAX INC. DIST. 750 HINCKLEY AIRPORT 170,000 HINCKLEY DR TAX INC. DIST. 238,500 LESTER PARK TAX INC. DIST. 100,250 LINCOLN TAX INC. DIST. 491,500 OGDEN REDEVELOPMENT AGENCY 744,900 OGDEN RIVER REDEV PROJECT AREA 512,050 PARK BLVD. TAX INC. DIST. 60,150 SOUTH CBD TAX INC. DIST. 68,700 SOUTH WALL ECONOMIC DEV AREA 31,100 RDA HOUSING 1,432,875 TRACKLINE ECONOMIC DEV AREA 276,000 18,107,900 WALL AVENUE TAX INC. DIST. 137,000 WEST 12TH TAX INC. DIST. 1,904,000 $18,107,900 DDO TAX INC. DIST. EAST WASHINGTON URBAN RENEWAL AREA FAIRMOUNT TAX INC. DIST. GOLDEN LINKS TAX INC. DIST. HINCKLEY AIRPORT HINCKLEY DR TAX INC. DIST. LESTER PARK TAX INC. DIST. LINCOLN OGDEN REDEVELOPMENT AGENCY OGDEN RIVER REDEV PROJECT AREA PARK BLVD. RDA HOUSING SOUTH CBD SOUTH WALL ECONOMIC DEV AREA TRACKLINE ECONOMIC DEV AREA WALL AVENUE WEST 12TH TAX INC. DIST. 12TH STREET TAX INC. DIST. 25TH STREET TAX INC. DIST. AMERICAN CAN TAX INC. DIST. CBD MALL TAX INC. DIST. 17 ---PAGE BREAK--- - 4,800 1,422,673 740,100 1,422,673 744,900 1,314,538 1,267,500 1,314,538 1,267,500 3,707,285 3,947,025 3,707,285 3,947,025 67,000 68,700 67,000 68,700 500,424 491,500 500,424 491,500 345,200 - 345,200 - 93,500 100,250 93,500 100,250 710 750 710 750 63,500 60,150 63,500 60,150 674,812 171,900 674,812 171,900 60,100 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 642,000 642,000 COMMUNITY AND ECONOMIC DEVELOPMENT 90,400 90,400 GOLDEN LINKS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 775 775 PARK BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 60,100 2017 BUDGET OGDEN REDEVELOPMENT AGENCY CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 4,494,025 4,494,025 SOUTH CBD TAX INC. DIST. FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 1,287,500 OGDEN CITY 2016-2017 BUDGET APPROPRIATIONS BY FUND REPORT 831,000 COUNCIL 4,800 RDA 826,200 1,287,500 COMMUNITY AND ECONOMIC DEVELOPMENT 61,150 61,150 LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 465,200 465,200 WASHINGTON BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 346,000 346,000 LESTER PARK TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 18 ---PAGE BREAK--- 2017 BUDGET OGDEN CITY 2016-2017 BUDGET APPROPRIATIONS BY FUND REPORT 2015 ACTUAL 2016 ADOPTED 200,500 - 200,500 - 23,750 - 23,750 - 130,500 175,600 130,500 175,600 5,239,972 5,745,000 5,239,972 5,745,000 497,230 605,000 497,230 605,000 107,595 137,000 107,595 137,000 1,885,001 1,904,000 1,885,001 1,904,000 71,275 238,500 71,275 238,500 398,522 512,050 398,522 512,050 161,990 170,000 161,990 170,000 DDO TAX INC. DIST. 5,545,000 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 127,000 127,000 HINCKLEY AIRPORT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 161,000 161,000 WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 2,245,000 2,245,000 HINCKLEY DR TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 352,500 471,500 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 471,500 UNION GARDENS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 24,100 24,100 12TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 161,000 161,000 ST. BENEDICTS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 221,500 221,500 COMMUNITY AND ECONOMIC DEVELOPMENT 5,545,000 COMMUNITY AND ECONOMIC DEVELOPMENT 1,049,000 352,500 OGDEN RIVER REDEV. PROJECT AREA 1,049,000 19 ---PAGE BREAK--- 2017 BUDGET OGDEN CITY 2016-2017 BUDGET APPROPRIATIONS BY FUND REPORT 2015 ACTUAL 2016 ADOPTED 42,591 31,100 42,591 31,100 1,470,215 276,000 1,470,215 276,000 42,100 28,100 42,100 28,100 - 1,432,875 - 1,432,875 GRAND TOTAL: 18,460,883 18,107,900 RDA HOUSING 1,621,275 RDA 1,621,275 35,000 50,000 20,367,025 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT 50,000 TRACKLINE ECONOMIC DEV. AREA COMMUNITY AND ECONOMIC DEVELOPMENT 25,000 25,000 SOUTH WALL ECONOMIC DEV. AREA COMMUNITY AND ECONOMIC DEVELOPMENT 35,000 20 ---PAGE BREAK--- 3,057,725 16.89% 2,172,975 12.00% 5,665,625 31.29% 4,800 0.03% 7,206,775 39.80% 18,107,900 100% DEBT SERVICE GENERAL ADMINISTRATION & SUPPORT INTERGOVERNMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2016 - 2017 BUDGET PROGRAM SUMMARY BUSINESS DEVELOPMENT COMMUNITY DEVELOPMENT PROGRAM SUMMARY BUSINESS DEVELOPMENT COMMUNITY DEVELOPMENT DEBT SERVICE GENERAL ADMINISTRATION & SUPPORT INTERGOVERNMENTAL EXPENDITURES 21 ---PAGE BREAK--- 4,800 4,800 740,100 1,432,875 2,172,975 485,000 1,057,025 68,700 211,000 - 100,250 750 RDA HOUSING RDA OGDEN RDA GENERAL OPERATIONS - 1,621,275 4,800 COMMUNITY DEVELOPMENT OGDEN REDEVELOPMENT AGENCY RDA OGDEN RDA GENERAL OPERATIONS OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET PROGRAM SUMMARY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET GENERAL ADMINISTRATION & SUPPORT 826,200 OGDEN REDEVELOPMENT AGENCY COUNCIL RDA BOARD 4,800 - - 1,422,673 1,422,673 2,447,475 BUSINESS DEVELOPMENT FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 551,425 - COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 61,150 LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 746,200 SOUTH CBD TAX INC. DIST. TAX INCREMENT DISTRICTS 197,800 WASHINGTON BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 346,000 278,924 - LESTER PARK TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 90,400 GOLDEN LINKS TAX INC. DIST. - COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 775 - 217,599 - 22 ---PAGE BREAK--- 60,150 2,000 - - 175,600 145,000 128,000 2,000 312,800 2,500 84,050 170,000 31,100 PARK BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 60,100 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - - 53,295 ST. BENEDICTS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET PROGRAM SUMMARY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET TAX INCREMENT DISTRICTS 221,500 UNION GARDENS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 24,100 - - 12TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 64,700 DDO TAX INC. DIST. - 600 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 325,000 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 59,972 137,250 HINCKLEY DR TAX INC. DIST. 64,068 TAX INCREMENT DISTRICTS 68,000 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 26,550 200,105 OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT - WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 32,941 TAX INCREMENT DISTRICTS 824,250 HINCKLEY AIRPORT COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 161,000 355,008 SOUTH WALL ECONOMIC DEV AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 26,250 BUSINESS DEVELOPMENT (CONTINUED…) 161,990 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - 23 ---PAGE BREAK--- - 21,800 3,057,725 346,900 2,890,000 169,900 357,000 68,200 1,162,825 400,000 270,800 5,665,625 - - TRACKLINE ECONOMIC DEV AREA BUSINESS DEVELOPMENT (CONTINUED…) COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 18,750 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT 1,465,065 DEBT SERVICE FAIRMOUNT TAX INC. DIST. TAX INCREMENT DISTRICTS 38,750 2,919,567 3,989,950 30,000 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 349,475 CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 322,563 TAX INCREMENT DISTRICTS 3,747,825 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 159,250 3,489,686 143,017 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 310,200 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT - TAX INCREMENT DISTRICTS 69,200 WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 1,163,250 72,895 1,185,633 OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 200,000 5,251,858 5,999,200 38,064 TRACKLINE ECONOMIC DEV AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS PROGRAM SUMMARY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET 24 ---PAGE BREAK--- 435,600 - 280,500 - - - - - - - - 5,600,000 120,000 UNION GARDENS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 23,750 - PARK BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 63,500 - ST. BENEDICTS TAX INC. DIST. 93,500 - GOLDEN LINKS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 710 - WASHINGTON BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 345,200 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET PROGRAM SUMMARY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET INTERGOVERNMENTAL EXPENDITURES FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 386,600 SOUTH CBD TAX INC. DIST. 991,975 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 67,000 TAX INCREMENT DISTRICTS 267,400 221,500 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 482,750 LESTER PARK TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 12TH STREET TAX INC. DIST. 478,500 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 96,300 DDO TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 200,500 - COMMUNITY AND ECONOMIC DEVELOPMENT 130,500 TAX INCREMENT DISTRICTS 5,220,000 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 93,300 5,180,000 297,125 25 ---PAGE BREAK--- 66,800 428,375 236,000 28,000 - 5,200 6,300 7,206,775 18,107,900 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 31,250 WEST 12TH TAX INC. DIST. 34,100 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 944,500 HINCKLEY DR TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 635,300 9,650 TAX INCREMENT DISTRICTS 352,500 OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 24,750 71,275 5,450 TAX INCREMENT DISTRICTS 6,250 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT 5,150 SOUTH WALL ECONOMIC DEV AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 8,750 TRACKLINE ECONOMIC DEV AREA TAX INCREMENT DISTRICTS 11,250 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET PROGRAM SUMMARY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 12,100 INTERGOVERNMENTAL EXPENDITURES (CONTINUED…) COMMUNITY AND ECONOMIC DEVELOPMENT 8,866,785 7,925,600 GRAND TOTAL: 18,460,883 20,367,025 26 ---PAGE BREAK--- 6,000 15,000 723,900 1,994,308 744,900 740,100 4,800 1,422,673 744,900 6,000 MISCELLANEOUS 15,000 15,000 RDA BOARD - 4,800 831,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN REDEVELOPMENT AGENCY OTHER FINANCING SOURCES 1,974,650 810,000 831,000 EXPENDITURES OGDEN RDA GENERAL OPERATIONS 1,422,673 826,200 REVENUES INTEREST 4,658 27 ---PAGE BREAK--- 6,000 6,000 6,000 6,000 15,000 15,000 15,000 15,000 810,000 723,900 810,000 723,900 831,000 744,900 INTEREST GENERAL 4,658 - Interest Income is any interest earned to positive cash balance 4,658 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET OGDEN REDEVELOPMENT AGENCY 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET OTHER FINANCING SOURCES TRANSFERS 1,974,650 1,000,000 Transfers are money transferred into the Redevelopment Agency to make debt payments. 1,974,650 1,000,000 MISCELLANEOUS OTHER 15,000 - Miscellaneous revenue is from the various districts to fund administrative costs. 15,000 - 1,994,308 1,000,000 OGDEN REDEVELOPMENT AGENCY TOTAL 28 ---PAGE BREAK--- 4,800 4,800 4,800 4,800 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET - - 4,800 4,800 DIVISION SUMMARY COUNCIL COUNCIL CHARGES FOR SERVICES - - 4,800 4,800 RDA BOARD - - 4,800 4,800 - - 4,800 4,800 FUNDING SOURCES COUNCIL INTEREST INCOME 29 ---PAGE BREAK--- 1,200 1,200 15,000 15,000 810,000 723,900 826,200 740,100 RDA CHARGES FOR SERVICES 713,646 393,750 676,200 740,100 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 1,422,673 1,393,750 826,200 740,100 DIVISION SUMMARY RDA OTHER OPERATING EXPENSE 258,754 1,000,000 150,000 - LAND 450,273 - - - FUNDING SOURCES RDA INTEREST INCOME TRANSFER FROM OTHER FUNDS OGDEN RDA GENERAL OPERATIONS 1,422,673 1,393,750 826,200 740,100 1,422,673 1,393,750 826,200 740,100 MISCELLANEOUS 30 ---PAGE BREAK--- FAIRMOUNT DISTRICT 31 ---PAGE BREAK--- 65,000 2,500 - 1,200,000 1,315,691 1,267,500 1,267,500 1,314,538 1,267,500 1,287,500 1,287,500 EXPENDITURES TAX INCREMENT DISTRICTS 1,314,538 1,287,500 MISCELLANEOUS 67,547 - CHARGES FOR SERVICES - 90,000 INTEREST 3,111 2,500 REVENUES OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES FAIRMOUNT TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET TAXES 1,245,033 1,195,000 FAIRMOUNT TAX INC. DIST. 32 ---PAGE BREAK--- 2,500 2,500 2,500 2,500 90,000 65,000 90,000 65,000 - - - - 1,195,000 1,200,000 1,195,000 1,200,000 1,287,500 1,267,500 CHARGES FOR SERVICES DEVELOPER PAYMENTS - - Revenue received from developer in Fairmount Tax Increment District. - - TAXES PROPERTY TAXES 1,245,033 1,057,684 1,245,033 1,057,684 Property Taxes are assessed within the Fairmount Tax Increment District to fund improvements. OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET FAIRMOUNT TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET INTEREST GENERAL 3,111 - Interest Income is any interest earned to positive cash balance 3,111 - MISCELLANEOUS OTHER 67,547 (62) Miscellaneous revenue is from the various districts to fund administrative costs. 67,547 (62) FAIRMOUNT TAX INC. DIST. TOTAL 1,315,691 1,057,622 33 ---PAGE BREAK--- 2,500 2,500 90,000 65,000 1,195,000 1,200,000 1,287,500 1,267,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES FAIRMOUNT TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE - - 551,425 485,000 1,314,538 2,250 1,287,500 1,267,500 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 322,563 2,250 349,475 346,900 OPERATING TRANSFERS 991,975 - 386,600 435,600 TAX INCREMENT DISTRICTS 1,314,538 2,250 1,287,500 1,267,500 1,314,538 2,250 1,287,500 1,267,500 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME CHARGES FOR SERVICES TAX REVENUE 34 ---PAGE BREAK--- CBD MALL DISTRICT 35 ---PAGE BREAK--- 699,800 10,000 0 1,937,225 1,300,000 3,774,940 3,947,025 3,947,025 3,707,285 3,947,025 4,494,025 EXPENDITURES TAX INCREMENT DISTRICTS 3,707,285 4,494,025 4,494,025 OTHER FINANCING SOURCES 1,697,135 2,340,025 TAXES 1,356,988 1,300,000 INTEREST 8,303 10,000 MISCELLANEOUS 17,714 17,700 CBD MALL TAX INC. DIST. REVENUES CHARGES FOR SERVICES 694,800 826,300 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES CBD MALL TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 36 ---PAGE BREAK--- 826,300 699,800 826,300 699,800 10,000 10,000 10,000 10,000 17,700 - 17,700 - 2,340,025 1,937,225 2,340,025 1,937,225 1,300,000 1,300,000 1,300,000 1,300,000 4,494,025 3,947,025 Lease Revenue records the revenue from leasing operation primarily at the Rec Center. CHARGES FOR SERVICES LEASE REVENUE 694,800 584,397 694,800 584,397 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET CBD MALL TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET MISCELLANEOUS SALE OF ASSETS 17,714 8,857 Sale of Assets revenue is generated throught the occasional sale of fixed assets 17,714 8,857 INTEREST GENERAL 8,303 - Interest Income is any interest earned to positive cash balance 8,303 - TAXES PROPERTY TAXES 1,356,988 1,182,793 Property Taxes are assessed within the Central Business District (CBD) Tax Increment District to fund improvements 1,356,988 1,182,793 OTHER FINANCING SOURCES TRANSFERS 1,697,135 - Transfers are money transfered in to the Redevelopment Agency to make payments. 1,697,135 - CBD MALL TAX INC. DIST. TOTAL 3,774,940 1,776,047 37 ---PAGE BREAK--- 826,300 699,800 10,000 10,000 17,700 - 2,340,025 1,937,225 1,300,000 1,300,000 4,494,025 3,947,025 SUMMARY OF DEPARTMENTAL EXPENDITURES CBD MALL TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET OTHER OPERATING EXPENSE 217,599 330,445 746,200 757,025 DEBT SERVICE 3,489,686 1,596,072 3,747,825 2,890,000 CHARGES FOR SERVICES - 300,000 - 300,000 IMPROVEMENTS - 52,110 - - 3,707,285 2,278,627 4,494,025 3,947,025 3,947,025 3,707,285 2,278,627 4,494,025 3,947,025 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 3,707,285 2,278,627 4,494,025 COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES MISCELLANEOUS OTHER FINANCING SOURCES TAX REVENUE INTEREST INCOME 38 ---PAGE BREAK--- SOUTH CBD DISTRICT 39 ---PAGE BREAK--- 200 68,500 67,295 68,700 68,700 67,000 68,700 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES SOUTH CBD TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 61,150 EXPENDITURES 67,000 61,150 61,150 SOUTH CBD TAX INC. DIST. REVENUES INTEREST 142 250 TAXES 67,153 60,900 TAX INCREMENT DISTRICTS 40 ---PAGE BREAK--- 250 200 250 200 60,900 68,500 60,900 68,500 61,150 68,700 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET SOUTH CBD TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 67,153 62,455 Property Taxes are assessed within the South Central Business District (CBD) Tax Increment District to fund improvements 67,153 62,455 INTEREST GENERAL 142 - Interest Income is any interest earned to positive cash balance 142 - SOUTH CBD TAX INC. DIST. TOTAL 67,295 62,455 41 ---PAGE BREAK--- 250 200 60,900 68,500 61,150 68,700 SUMMARY OF DEPARTMENTAL EXPENDITURES SOUTH CBD TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET 67,000 - 61,150 68,700 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE - - 61,150 68,700 OPERATING TRANSFERS 67,000 - - - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 67,000 - 61,150 68,700 67,000 - 61,150 68,700 42 ---PAGE BREAK--- LINCOLN DISTRICT 43 ---PAGE BREAK--- 1,500 490,000 501,074 491,500 491,500 500,424 491,500 SUMMARY OF REVENUES AND EXPENDITURES LINCOLN TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET 465,200 LINCOLN TAX INC. DIST. REVENUES INTEREST 1,192 200 TAXES 499,882 465,000 465,200 EXPENDITURES TAX INCREMENT DISTRICTS 500,424 465,200 44 ---PAGE BREAK--- 200 1,500 200 1,500 465,000 490,000 465,000 490,000 465,200 491,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET LINCOLN TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 499,882 409,946 499,882 409,946 Property Taxes are assessed within the Lincoln Tax Increment District to fund improvements INTEREST GENERAL 1,192 - Interest Income is any interest earned to positive cash balance 1,192 - LINCOLN TAX INC. DIST. TOTAL 501,074 409,946 45 ---PAGE BREAK--- 200 1,500 465,000 490,000 465,200 491,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES LINCOLN TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 278,924 - 197,800 211,000 500,424 480 465,200 491,500 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 221,500 480 267,400 280,500 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 500,424 480 465,200 491,500 500,424 480 465,200 491,500 46 ---PAGE BREAK--- WASHINGTON BLVD. DISTRICT 47 ---PAGE BREAK--- - - 345,765 - - 345,200 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WASHINGTON BLVD. TAX INC. DIST. 2017 BUDGET 346,000 TAXES 344,949 345,000 346,000 EXPENDITURES TAX INCREMENT DISTRICTS 345,200 346,000 WASHINGTON BLVD. TAX INC. DIST. REVENUES INTEREST 816 1,000 2015 ACTUAL 2016 ADOPTED 48 ---PAGE BREAK--- 1,000 - 1,000 - 345,000 - 345,000 - 346,000 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET WASHINGTON BLVD. TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 344,949 369,872 344,949 369,872 Property Taxes are assessed within the Washington Blvd Increment District to fund improvements INTEREST GENERAL 816 - Interest Income is any interest earned to positive cash balance 816 - 345,765 369,872 WASHINGTON BLVD. TAX INC. DIST. TOTAL 49 ---PAGE BREAK--- 1,000 - 345,000 - 346,000 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WASHINGTON BLVD. TAX INC. DIST. 345,200 - 346,000 - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 345,200 - - - OTHER OPERATING EXPENSE - - 346,000 - TAX INCREMENT DISTRICTS 345,200 - 346,000 - 345,200 - 346,000 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 50 ---PAGE BREAK--- LESTER PARK DISTRICT 51 ---PAGE BREAK--- 250 100,000 93,621 100,250 100,250 93,500 100,250 90,400 2017 BUDGET TAXES 93,413 90,000 90,400 EXPENDITURES TAX INCREMENT DISTRICTS 93,500 90,400 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES LESTER PARK TAX INC. DIST. LESTER PARK TAX INC. DIST. REVENUES INTEREST [PHONE REDACTED] ACTUAL 2016 ADOPTED 52 ---PAGE BREAK--- 400 250 400 250 90,000 100,000 90,000 100,000 90,400 100,250 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET LESTER PARK TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 93,413 97,475 93,413 97,475 Property Taxes are assessed within the Lester Park Distict Tax Increment District to fund improvements INTEREST GENERAL 208 - Interest Income is any interest earned to positive cash balance 208 - LESTER PARK TAX INC. DIST. TOTAL 93,621 97,475 53 ---PAGE BREAK--- 400 250 90,000 100,000 90,400 100,250 OTHER OPERATING EXPENSE - - 90,400 100,250 SUMMARY OF DEPARTMENTAL EXPENDITURES LESTER PARK TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET OPERATING TRANSFERS 93,500 - - - 93,500 - 90,400 100,250 100,250 93,500 - 90,400 100,250 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 93,500 - 90,400 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 54 ---PAGE BREAK--- GOLDEN LINKS DISTRICT 55 ---PAGE BREAK--- 25 725 714 750 750 710 750 775 EXPENDITURES TAX INCREMENT DISTRICTS 710 775 GOLDEN LINKS TAX INC. DIST. REVENUES INTEREST TAXES 713 725 1 50 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES GOLDEN LINKS TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 775 56 ---PAGE BREAK--- 50 25 50 25 725 725 725 725 775 750 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET GOLDEN LINKS TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 713 603 713 603 Property Taxes are assessed within the Golden Links Tax Increment District to fund improvements INTEREST GENERAL 1 - Interest Income is any interest earned to positive cash balance 1 - GOLDEN LINKS TAX INC. DIST. TOTAL 714 603 57 ---PAGE BREAK--- 50 25 725 725 775 750 OTHER OPERATING EXPENSE - - 775 750 COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 710 - - - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES GOLDEN LINKS TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 710 - 775 750 750 710 - 775 750 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 710 - 775 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 58 ---PAGE BREAK--- PARK BLVD DISTRICT 59 ---PAGE BREAK--- 150 60,000 63,610 60,150 60,150 63,500 60,150 60,100 TAXES 63,475 60,000 60,100 EXPENDITURES TAX INCREMENT DISTRICTS 63,500 60,100 PARK BLVD. TAX INC. DIST. REVENUES INTEREST 135 100 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES PARK BLVD. TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 60 ---PAGE BREAK--- 100 150 100 150 60,000 60,000 60,000 60,000 60,100 60,150 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET PARK BLVD. TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 63,475 48,801 63,475 48,801 Property Taxes are assessed within the Park Blvd. Tax Increment District to fund improvements INTEREST GENERAL 135 - Interest Income is any interest earned to positive cash balance 135 - PARK BLVD. TAX INC. DIST. TOTAL 63,610 48,801 61 ---PAGE BREAK--- 100 150 60,000 60,000 60,100 60,150 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES PARK BLVD. TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 63,500 - 60,100 60,150 OTHER OPERATING EXPENSE - - 60,100 60,150 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 63,500 - - - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 63,500 - 60,100 60,150 63,500 - 60,100 60,150 62 ---PAGE BREAK--- 25TH STREET DISTRICT 63 ---PAGE BREAK--- 2,000 129,900 40,000 676,353 171,900 171,900 674,812 171,900 OTHER FINANCING SOURCES - - 642,000 TAXES 674,224 640,000 642,000 EXPENDITURES TAX INCREMENT DISTRICTS 674,812 642,000 25TH STREET TAX INC. DIST. REVENUES INTEREST 2,129 2,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES 25TH STREET TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 64 ---PAGE BREAK--- 2,000 2,000 2,000 2,000 - 129,900 - 129,900 640,000 40,000 640,000 40,000 642,000 171,900 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET 25TH STREET TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 674,224 537,754 674,224 537,754 Property Taxes are assessed within the 25th Street Tax Increment District to fund improvements INTEREST GENERAL 2,129 - Interest Income is any interest earned to positive cash balance 2,129 - 25TH STREET TAX INC. DIST. TOTAL 676,353 537,754 OTHER FINANCING SOURCES TRANSFERS - - Other financing sources is the use of prior year fund balance to cover costs. - - 65 ---PAGE BREAK--- 2,000 2,000 - 129,900 640,000 40,000 642,000 171,900 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES 25TH STREET TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 53,295 831 - 2,000 674,812 6,453 642,000 171,900 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 143,017 5,622 159,250 169,900 OPERATING TRANSFERS 478,500 - 482,750 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 674,812 6,453 642,000 171,900 674,812 6,453 642,000 171,900 FUND BALANCE/CARRYOVER 66 ---PAGE BREAK--- ST. BENEDICTS DISTRICT 67 ---PAGE BREAK--- - - 200,841 - - 200,500 - 221,500 TAXES 200,370 221,000 221,500 EXPENDITURES TAX INCREMENT DISTRICTS 200,500 221,500 ST. BENEDICTS TAX INC. DIST. REVENUES INTEREST 471 500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES ST. BENEDICTS TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 68 ---PAGE BREAK--- 500 - 500 - 221,000 - 221,000 - 221,500 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET ST. BENEDICTS TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 200,370 181,901 200,370 181,901 Property Taxes are assessed within the St. Benedicts Tax Increment District to fund improvements INTEREST GENERAL 471 - Interest Income is any interest earned to positive cash balance 471 - ST. BENEDICTS TAX INC. DIST. TOTAL 200,841 181,901 69 ---PAGE BREAK--- 500 - 221,000 - 221,500 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES ST. BENEDICTS TAX INC. DIST. 200,500 - 221,500 - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 200,500 - - - OTHER OPERATING EXPENSE - - 221,500 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 200,500 - 221,500 - 200,500 - 221,500 - 70 ---PAGE BREAK--- UNION GARDENS DISTRICT 71 ---PAGE BREAK--- - - 23,818 - - 23,750 - TAXES 23,762 24,000 24,100 EXPENDITURES TAX INCREMENT DISTRICTS 23,750 24,100 UNION GARDENS TAX INC. DIST. REVENUES INTEREST 56 100 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES UNION GARDENS TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 24,100 2017 BUDGET 72 ---PAGE BREAK--- 100 - 100 - 24,000 - 24,000 - 24,100 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET UNION GARDENS TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 23,762 18,476 23,762 18,476 Property Taxes are assessed within the Union Gardens Tax Increment District to fund improvements INTEREST GENERAL 56 - Interest Income is any interest earned to positive cash balance 56 - UNION GARDENS TAX INC. DIST. TOTAL 23,818 18,476 73 ---PAGE BREAK--- 100 - 24,000 - 24,100 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES UNION GARDENS TAX INC. DIST. 23,750 - 24,100 - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 23,750 - - - OTHER OPERATING EXPENSE - - 24,100 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 23,750 - 24,100 - 23,750 - 24,100 - 74 ---PAGE BREAK--- 12TH STREET DISTRICT 75 ---PAGE BREAK--- 600 175,000 168,565 175,600 175,600 130,500 175,600 161,000 TAXES 168,165 160,500 161,000 EXPENDITURES TAX INCREMENT DISTRICTS 130,500 161,000 12TH STREET TAX INC. DIST. REVENUES INTEREST 400 500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES 12TH STREET TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 76 ---PAGE BREAK--- 500 600 500 600 160,500 175,000 160,500 175,000 161,000 175,600 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET 12TH STREET TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 168,165 167,258 168,165 167,258 Property Taxes are assessed within the 12th Street Tax Increment District to fund improvements INTEREST GENERAL 400 - Interest Income is any interest earned to positive cash balance 400 - 12TH STREET TAX INC. DIST. TOTAL 168,565 167,258 77 ---PAGE BREAK--- 500 600 160,500 175,000 161,000 175,600 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES 12TH STREET TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE - - 64,700 175,600 OPERATING TRANSFERS 130,500 - 96,300 - 130,500 - 161,000 175,600 175,600 130,500 - 161,000 175,600 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 130,500 - 161,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 78 ---PAGE BREAK--- DDO DISTRICT 79 ---PAGE BREAK--- 45,000 400,000 5,300,000 5,292,002 5,745,000 5,745,000 5,239,972 5,745,000 5,545,000 5,545,000 EXPENDITURES TAX INCREMENT DISTRICTS 5,239,972 5,545,000 TAXES 5,243,040 5,300,000 DDO TAX INC. DIST. REVENUES INTEREST 48,962 45,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES DDO TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET MISCELLANEOUS REVENUE - 200,000 80 ---PAGE BREAK--- 45,000 45,000 45,000 45,000 200,000 400,000 200,000 400,000 5,300,000 5,300,000 5,300,000 5,300,000 5,545,000 5,745,000 MISCELLANEOUS OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET DDO TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 5,243,040 4,479,525 Property Taxes are assessed within the DDO Tax Increment District to fund improvements 5,243,040 4,479,525 INTEREST GENERAL 48,962 - Interest Income is any interest earned to positive cash balance 48,962 - LOAN REPAYMENTS - - Loan payments received from Ogden River Redevelopment Project Area - - DDO TAX INC. DIST. TOTAL 5,292,002 4,479,525 81 ---PAGE BREAK--- 45,000 45,000 200,000 400,000 5,300,000 5,300,000 5,545,000 5,745,000 COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 59,972 23,550 325,000 145,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES DDO TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET INTERAGENCY TRANSFERS 5,180,000 - 5,220,000 5,600,000 5,239,972 23,550 5,545,000 5,745,000 5,745,000 5,239,972 23,550 5,545,000 5,745,000 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 5,239,972 23,550 5,545,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE MISCELLANEOUS 82 ---PAGE BREAK--- AMERICAN CAN DISTRICT 83 ---PAGE BREAK--- 5,000 600,000 500,752 605,000 605,000 497,230 605,000 471,500 TAXES 495,558 466,500 471,500 EXPENDITURES TAX INCREMENT DISTRICTS 497,230 471,500 AMERICAN CAN TAX INC. DIST. REVENUES INTEREST 5,194 5,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES AMERICAN CAN TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 84 ---PAGE BREAK--- 5,000 5,000 5,000 5,000 466,500 600,000 466,500 600,000 471,500 605,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET AMERICAN CAN TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 495,558 504,904 495,558 504,904 Property Taxes are assessed within the American Can Tax Increment District to fund improvements INTEREST GENERAL 5,194 - Interest Income is any interest earned to positive cash balance 5,194 - AMERICAN CAN TAX INC. DIST. TOTAL 500,752 504,904 85 ---PAGE BREAK--- 5,000 5,000 466,500 600,000 471,500 605,000 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES AMERICAN CAN TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 120,000 497,230 - 471,500 605,000 CHARGES FOR SERVICES 145,688 - - 128,000 DEBT SERVICE - - 310,200 357,000 OTHER OPERATING EXPENSE 54,417 - 68,000 - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 497,230 - 471,500 OPERATING TRANSFERS 297,125 - 93,300 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 605,000 497,230 - 471,500 605,000 FUNDING SOURCES 86 ---PAGE BREAK--- WALL AVE DISTRICT 87 ---PAGE BREAK--- 2,000 135,000 138,626 137,000 137,000 107,595 137,000 TAXES 136,371 125,000 127,000 EXPENDITURES TAX INCREMENT DISTRICTS 107,595 127,000 WALL AVENUE TAX INC. DIST. REVENUES INTEREST 2,255 2,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WALL AVENUE TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 127,000 2017 BUDGET 88 ---PAGE BREAK--- 2,000 2,000 2,000 2,000 125,000 135,000 125,000 135,000 127,000 137,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET WALL AVENUE TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 136,371 113,953 136,371 113,953 Property Taxes are assessed within the Wall Avenue Tax Increment District to fund improvements INTEREST GENERAL 2,255 - Interest Income is any interest earned to positive cash balance 2,255 - WALL AVENUE TAX INC. DIST. TOTAL 138,626 113,953 89 ---PAGE BREAK--- 2,000 2,000 125,000 135,000 127,000 137,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WALL AVENUE TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 600 1,906 26,550 2,000 107,595 7,095 127,000 137,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 72,895 5,189 69,200 68,200 OPERATING TRANSFERS 34,100 - 31,250 66,800 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 107,595 7,095 127,000 137,000 107,595 7,095 127,000 137,000 90 ---PAGE BREAK--- WEST 12TH DISTRICT 91 ---PAGE BREAK--- 6,000 1,898,000 1,933,189 1,904,000 1,904,000 1,885,001 1,904,000 2,245,000 TAXES 1,928,645 2,240,000 2,245,000 EXPENDITURES TAX INCREMENT DISTRICTS 1,885,001 2,245,000 WEST 12TH TAX INC. DIST. REVENUES INTEREST 4,544 5,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WEST 12TH TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 92 ---PAGE BREAK--- 5,000 6,000 5,000 6,000 2,240,000 1,898,000 2,240,000 1,898,000 2,245,000 1,904,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET WEST 12TH TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 1,928,645 1,585,014 1,928,645 1,585,014 INTEREST GENERAL 4,544 - Interest Income is any interest earned to positive cash balance 4,544 - WEST 12TH TAX INC. DIST. TOTAL 1,933,189 1,585,014 Property Taxes are assessed within the West 12th Tax Increment District to fund improvements 93 ---PAGE BREAK--- 5,000 6,000 2,240,000 1,898,000 2,245,000 1,904,000 OTHER OPERATING EXPENSE 64,068 - 132,250 180,550 1,885,001 3,500 2,245,000 1,904,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WEST 12TH TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - - 5,000 132,250 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 1,185,633 3,500 1,163,250 1,162,825 OPERATING TRANSFERS 635,300 - 944,500 428,375 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 1,885,001 3,500 2,245,000 1,904,000 1,885,001 3,500 2,245,000 1,904,000 94 ---PAGE BREAK--- HINCKLEY DRIVE DISTRICT 95 ---PAGE BREAK--- 2,500 236,000 312,615 238,500 238,500 71,275 238,500 2017 BUDGET TAXES 309,869 350,000 352,500 EXPENDITURES TAX INCREMENT DISTRICTS 71,275 352,500 352,500 HINCKLEY DR TAX INC. DIST. REVENUES INTEREST 2,746 2,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES HINCKLEY DR TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 96 ---PAGE BREAK--- 2,500 2,500 2,500 2,500 350,000 236,000 350,000 236,000 352,500 238,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET HINCKLEY DR TAX INC. DIST. 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET TAXES PROPERTY TAXES 309,869 188,502 Property Taxes are assessed within the Hinckley Drive Tax Increment District to fund improvements 309,869 188,502 INTEREST GENERAL 2,746 - Interest Income is any interest earned to positive cash balance 2,746 - HINCKLEY DR TAX INC. DIST. TOTAL 312,615 188,502 97 ---PAGE BREAK--- 2,500 2,500 350,000 236,000 352,500 238,500 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES HINCKLEY DR TAX INC. DIST. OTHER OPERATING EXPENSE - - - 2,500 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 71,275 - 352,500 236,000 71,275 - 352,500 238,500 238,500 71,275 - 352,500 238,500 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 71,275 - 352,500 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 98 ---PAGE BREAK--- OGDEN RIVER REDEVELOPMENT PROJECT 99 ---PAGE BREAK--- - 50 - - - 400,000 112,000 222,698 512,050 512,050 398,522 512,050 MISCELLANEOUS 111,376 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES OGDEN RIVER REDEV PROJECT AREA 2015 ACTUAL 2016 ADOPTED 2017 BUDGET OGDEN RIVER REDEV PROJECT AREA REVENUES INTEREST 2,129 1,049,000 EXPENDITURES TAX INCREMENT DISTRICTS 398,522 1,049,000 1,049,000 OTHER FINANCING SOURCES 950,000 TAXES 109,193 99,000 100 ---PAGE BREAK--- - 50 - 50 - - - - 950,000 400,000 950,000 400,000 99,000 112,000 99,000 112,000 1,049,000 512,050 TAXES PROPERTY TAXES 109,193 94,229 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET OGDEN RIVER REDEV PROJECT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET OTHER FINANCING SOURCES TRANSFERS - - Transfers are money transfered in to the Redevelopment Agency to make payments - - INTEREST GENERAL 2,129 - Interest Income is any interest earned to positive cash balance 2,129 - 94,229 Property Taxes are assessed within the Ogden River Redevelopment Area District to fund improvements. 109,193 94,229 MISCELLANEOUS SALE OF ASSETS 111,376 - Sale of Asset revenue is generated through the occassional sale of fixed assets. 111,376 - OGDEN RIVER REDEV PROJECT AREA TOTAL 222,698 101 ---PAGE BREAK--- - 50 99,000 112,000 950,000 400,000 1,049,000 512,050 LAND - 399,195 - - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN RIVER REDEV PROJECT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET DEBT SERVICE 38,064 - 200,000 400,000 COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 43,359 2,509 19,250 84,050 398,522 356,336 1,049,000 512,050 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT IMPROVEMENTS 311,649 (45,368) 805,000 - OPERATING TRANSFERS 5,450 - 24,750 28,000 TAX INCREMENT DISTRICTS 398,522 356,336 1,049,000 512,050 398,522 356,336 1,049,000 512,050 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT TRANSFER FROM OTHER FUNDS TAX REVENUE INTEREST INCOME 102 ---PAGE BREAK--- AIRPORT DISTRICT 103 ---PAGE BREAK--- 1,000 169,000 163,580 170,000 170,000 161,990 170,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES HINCKLEY AIRPORT TAX INC. DIST. 2015 ACTUAL 2016 ADOPTED 2017 BUDGET 161,000 HINCKLEY AIRPORT REVENUES INTEREST 1,408 1,000 TAXES 162,172 160,000 161,000 EXPENDITURES TAX INCREMENT DISTRICTS 161,990 161,000 104 ---PAGE BREAK--- 1,000 1,000 1,000 1,000 160,000 169,000 160,000 169,000 161,000 170,000 - 1,408 Interest income if any is earned on positive cash balances. - 1,408 GENERAL INTEREST OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET HINCKLEY AIRPORT 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET HINCKLEY AIRPORT TOTAL 163,580 150,350 TAXES PROPERTY TAXES 162,172 150,350 Property Taxes are assessed within the Hinckley Airport Tax Increment District to fund improvements 162,172 150,350 105 ---PAGE BREAK--- 1,000 1,000 160,000 169,000 161,000 170,000 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES HINCKLEY AIRPORT 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET OTHER OPERATING EXPENSE 161,990 - 161,000 170,000 161,990 - 161,000 170,000 170,000 161,990 - 161,000 170,000 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 161,990 - 161,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 106 ---PAGE BREAK--- SOUTH WALL ECONOMIC DEV AREA 107 ---PAGE BREAK--- 100 31,000 42,759 31,100 31,100 42,591 31,100 INTEREST 74 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES SOUTH WALL ECONOMIC DEV AREA 2015 ACTUAL 2016 ADOPTED 2017 BUDGET SOUTH WALL ECONOMIC DEV AREA REVENUES TAXES 42,685 35,000 35,000 EXPENDITURES TAX INCREMENT DISTRICTS 42,591 35,000 35,000 108 ---PAGE BREAK--- - 100 - 100 35,000 31,000 35,000 31,000 35,000 31,100 Property Taxes are assessed within the South Wall Economic Development Area to fund improvements. 42,685 26,237 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET SOUTH WALL ECONOMIC DEVELOPMENT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET GENERAL 74 - Interest income if any is earned on positive cash balances. 74 - TAXES PROPERTY TAXES 42,685 26,237 42,759 26,237 SOUTH WALL ECONOMIC DEV AREA TOTAL INTEREST 109 ---PAGE BREAK--- - 100 35,000 31,000 35,000 31,100 INTEREST INCOME OTHER OPERATING EXPENSE - - 26,250 31,100 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES SOUTH WALL ECONOMIC DEVELOPMENT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 42,591 - 35,000 31,100 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES 32,941 - - - OPERATING TRANSFERS 9,650 - 8,750 - TAX INCREMENT DISTRICTS 42,591 - 35,000 31,100 42,591 - 35,000 31,100 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE 110 ---PAGE BREAK--- TRACKLINE ECONOMIC DEV AREA 111 ---PAGE BREAK--- - - 250,000 26,000 256,047 276,000 276,000 1,470,215 276,000 OTHER FINANCING SOURCES 230,750 - INTEREST (763) - MISCELLANEOUS 335 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES TRACKLINE ECONOMIC DEV AREA 2015 ACTUAL 2016 ADOPTED 2017 BUDGET TRACKLINE ECONOMIC DEV AREA REVENUES TAXES 25,725 25,000 25,000 EXPENDITURES TAX INCREMENT DISTRICTS 1,470,215 25,000 25,000 112 ---PAGE BREAK--- - - - - - - - - - 250,000 - 250,000 25,000 26,000 25,000 26,000 25,000 276,000 21,095 25,725 21,095 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET TRACKLINE ECONOMIC DEVELOPMENT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET MISCELLANEOUS OTHER 335 5,000 Miscellaneous revenue includes earnest money deposited by developers within the Trackline EDA . 335 5,000 INTEREST GENERAL (763) - Interest income if any is earned on positive cash balances. Property Taxes are assessed within the Trackline Economic Development Area to fund improvements. TRACKLINE ECONOMIC DEV AREA TOTAL 256,047 26,095 TAXES PROPERTY TAXES 25,725 (763) - OTHER FINANCING SOURCES TRANSFERS 230,750 - Other financing sources are interagency transfers from Ogden City to help cover contract obligations. 230,750 - 113 ---PAGE BREAK--- - 250,000 25,000 26,000 25,000 276,000 LAND 230,750 (3,618) - - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES TRACKLINE ECONOMIC DEVELOPMENT AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET 1,470,215 646,865 25,000 276,000 COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - 10,000 - - OTHER FINANCING SOURCES OTHER OPERATING EXPENSE 10 40 18,750 - DEBT SERVICE - 67,898 - 270,800 IMPROVEMENTS 1,234,305 572,545 276,000 - - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 1,470,215 646,865 25,000 OPERATING TRANSFERS 5,150 - 6,250 5,200 1,470,215 646,865 25,000 276,000 FUNDING SOURCES 114 ---PAGE BREAK--- EAST WASHINGTON URBAN RENEWAL AREA 115 ---PAGE BREAK--- 100 28,000 53,816 28,100 28,100 42,100 28,100 INTEREST 160 - OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES EAST WASHINGTON URBAN RENEWAL AREA 2015 ACTUAL 2016 ADOPTED 2017 BUDGET EAST WASHINGTON URBAN RENEWAL AREA REVENUES TAXES 53,656 50,000 50,000 EXPENDITURES TAX INCREMENT DISTRICTS 42,100 50,000 50,000 116 ---PAGE BREAK--- - 100 - 100 50,000 28,000 50,000 28,000 50,000 28,100 53,816 19,585 Property Taxes are assessed within the East Washington Urban Renewal Area to fund improvements. TAXES PROPERTY TAXES 53,656 19,585 53,656 19,585 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FISCAL YEAR REVENUE BUDGET EAST WASHINGTON URBAN RENEWAL AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET INTEREST GENERAL 160 - Interest income if any is earned on positive cash balances. 160 - EAST WASHINGTON URBAN RENEWAL AREA TOTAL 117 ---PAGE BREAK--- - 100 50,000 28,000 50,000 28,100 INTEREST INCOME OTHER OPERATING EXPENSE - - 38,750 21,800 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 42,100 - 50,000 - OPERATING TRANSFERS 12,100 - 11,250 6,300 28,100 SUMMARY OF DEPARTMENTAL EXPENDITURES EAST WASHINGTON URBAN RENEWAL AREA 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE CHARGES FOR SERVICES 30,000 - - 42,100 - 50,000 28,100 42,100 - 50,000 28,100 118 ---PAGE BREAK--- RDA HOUSING 119 ---PAGE BREAK--- 1,432,875 - 1,432,875 1,432,875 - 1,432,875 1,621,275 1,621,275 OTHER FINANCING SOURCES - 1,621,275 EXPENDITURES OGDEN RDA GENERAL OPERATIONS - 1,621,275 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF REVENUES AND EXPENDITURES RDA HOUSING 2015 ACTUAL 2016 ADOPTED 2017 BUDGET RDA HOUSING REVENUES 120 ---PAGE BREAK--- 1,621,275 882,875 - 550,000 1,621,275 1,432,875 1,621,275 1,432,875 - 248,000 - 248,000 RDA HOUSING TOTAL FISCAL YEAR REVENUE BUDGET RDA HOUSING 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET OTHER FINANCING SOURCES INTERFUND TRANSFERS - 248,000 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET Housing funds from the various RDA Districts are transferred to the RDA Housing Fund. FUND BALANCE/CARRYOVER - - Fund balance carryover is the use of fund balance to help cover operating expenses for the RDA Housing fund. 121 ---PAGE BREAK--- 1,621,275 1,432,875 1,621,275 1,432,875 CAPITAL OUTLAY - 927,432 950,000 708,725 - 929,132 1,621,275 1,432,875 COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - 1,700 174,150 174,150 TRANSFERS TO HOUSING - - - 550,000 FUNDING SOURCES RDA OTHER FINANCING SOURCES - 929,132 1,621,275 1,432,875 DIVISION SUMMARY RDA OGDEN RDA GENERAL OPERATIONS - 929,132 1,621,275 1,432,875 OGDEN REDEVELOPMENT AGENCY 2016-2017 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES RDA HOUSING 2015 ACTUAL 2016 7-MO ACTUAL 2016 ADOPTED 2017 BUDGET OTHER OPERATING EXPENSES - - 497,125 - 122