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Ogden City Redevelopment Agency Fiscal Year 2015-2016 Adopted Budget ---PAGE BREAK--- Summary and Narrative Of Line Item BUDGET FISCAL YEAR 2015-2016 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 Richard A. Hyer, Chairman Marcia L. White, Vice-Chairman Bart E. Blair Neil K. Garner Caitlin K. Gochnour Doug Stephens Amy L. Wicks Executive Director Michael P. Caldwell ---PAGE BREAK--- TABLE OF CONTENTS ADOPTED BUDGET 2015-2016 Resolution Adopting Intent Statement for Fiscal Year 2016 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 ---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 ---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 ---PAGE BREAK--- 6 ---PAGE BREAK--- RDA Budget Guidelines Fiscal Year 2016 - Adopted June 16, 2015 Reports. Quarterly, annual, and periodic reports are to be provided as defined by the Board. The reports shall cover the following: x Periodic Reports o Information on Projects of specific interest to the Board x Quarterly Reports o Major projects o Status and progress for all projects x Annual Report o Accomplishments o Financial position of each Project Area (audited) o 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 all open RDA projects are to include only information that update the Board regarding progress or challenges for the past quarter. The first time a project appears in the report, additional background information should be provided pertaining to the steps leading up to the establishment of the project. 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 Annual 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). 7 ---PAGE BREAK--- Map of Project Areas 8 ---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. 9 ---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. 10 ---PAGE BREAK--- 916,300 84,100 232,700 5,721,300 13,412,625 20,367,025 17,914,750 4,800 2,447,475 20,367,025 COUNCIL 0.02% RDA 12.02% 100% 100% DEPARTMENTAL EXPENDITURES COMMUNITY AND ECONOMIC DEVELOPMENT 87.96% MISCELLANEOUS 1.14% OTHER FINANCING SOURCES 28.09% TAXES 65.85% INTEREST 0.41% OGDEN REDEVELOPMENT AGENCY 2015 - 2016 BUDGET FUNDING SOURCES CHARGES FOR SERVICES 4.50% FUNDING SOURCES CHARGES FOR SERVICES INTEREST MISCELLANEOUS OTHER FINANCING SOURCES TAXES DEPARTMENTAL EXPENDITURES COMMUNITY AND ECONOMIC DEVELOPMENT COUNCIL RDA 11 ---PAGE BREAK--- 0.79% 3.15% 2.32% 22.07% 27.23% 0.25% 6.32% 0.00% 0.79% 1.73% 0.44% 2.28% 4.08% 5.15% 0.30% 7.96% 0.30% 0.17% 1.09% 0.12% 0.12% 0.62% 1.70% 11.02% 100% OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET REVENUE SUMMARY 12TH STREET TAX INC. DIST. 161,000 25TH STREET TAX INC. DIST. 642,000 AMERICAN CAN TAX INC. DIST. 471,500 CBD MALL TAX INC. DIST. 4,494,025 DDO TAX INC. DIST. 5,545,000 EAST WASHINGTON URBAN RENEWAL AREA 50,000 FAIRMOUNT TAX INC. DIST. 1,287,500 GOLDEN LINKS TAX INC. DIST. 775 HINCKLEY AIRPORT 161,000 HINCKLEY DR TAX INC. DIST. 352,500 LESTER PARK TAX INC. DIST. 90,400 LINCOLN TAX INC. DIST. 465,200 OGDEN REDEVELOPMENT AGENCY 831,000 OGDEN RIVER REDEV PROJECT AREA 1,049,000 PARK BLVD. TAX INC. DIST. 60,100 SOUTH CBD TAX INC. DIST. 61,150 SOUTH WALL ECONOMIC DEV AREA 35,000 RDA HOUSING 1,621,275 ST. BENEDICTS TAX INC. DIST. 221,500 TRACKLINE ECONOMIC DEV AREA 25,000 UNION GARDENS TAX INC. DIST. 24,100 20,367,025 WALL AVENUE TAX INC. DIST. 127,000 WASHINGTON BLVD. TAX INC. DIST. 346,000 WEST 12TH TAX INC. DIST. 2,245,000 $20,367,025 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 ST. BENEDICTS TRACKLINE ECONOMIC DEV AREA UNION GARDENS WALL AVENUE WASHINGTON BLVD. 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. 12 ---PAGE BREAK--- 6,253 6,000 15,000 15,000 2,151,386 810,000 2,172,639 831,000 3,431 2,500 - 90,000 1,286,235 1,195,000 1,289,666 1,287,500 826,346 826,300 56 10,000 222,029 17,700 1,856,733 2,340,025 1,379,553 1,300,000 4,284,717 4,494,025 173 250 60,617 60,900 60,790 61,150 1,527 200 466,970 465,000 468,497 465,200 1,020 1,000 345,931 345,000 346,951 346,000 269 400 89,984 90,000 90,253 90,400 OGDEN CITY 2015-2016 BUDGET REVENUE SUMMARY REPORT 1,303,500 INTEREST - OTHER FINANCING SOURCES 1,288,500 CHARGES FOR SERVICES - 1,227,500 TAXES 32,000 32,250 LINCOLN TAX INC. DIST. 475,200 WASHINGTON BLVD. TAX INC. DIST. 386,000 LESTER PARK TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN REDEVELOPMENT AGENCY CBD MALL TAX INC. DIST. CHARGES FOR SERVICES 694,800 4,861,150 SOUTH CBD TAX INC. DIST. MISCELLANEOUS 15,000 FAIRMOUNT TAX INC. DIST. TAXES 1,225,000 INTEREST 2,500 90,400 TAXES 90,000 INTEREST 250 INTEREST 10,000 OTHER FINANCING SOURCES 2,856,350 TAXES 1,300,000 MISCELLANEOUS - INTEREST 200 TAXES 475,000 INTEREST 1,000 TAXES 385,000 INTEREST 400 13 ---PAGE BREAK--- OGDEN CITY 2015-2016 BUDGET REVENUE SUMMARY REPORT 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 3 50 727 725 730 775 172 100 59,940 60,000 60,112 60,100 2,173 2,000 640,069 640,000 642,242 642,000 648 500 220,921 221,000 221,569 221,500 70 100 23,758 24,000 23,828 24,100 466 500 160,610 160,500 161,076 161,000 49,914 45,000 - 200,000 5,294,718 5,300,000 5,344,632 5,545,000 3,774 5,000 466,532 466,500 470,306 471,500 45,000 INTEREST TAXES 5,500,000 INTEREST 5,000 TAXES 500,000 MISCELLANEOUS - INTEREST 100 225,000 INTEREST 100 TAXES 30,000 GOLDEN LINKS TAX INC. DIST. 800 PARK BLVD. TAX INC. DIST. INTEREST 50 TAXES 750 30,100 25TH STREET TAX INC. DIST. 727,000 ST. BENEDICTS TAX INC. DIST. 225,500 INTEREST 2,000 TAXES 725,000 INTEREST 500 TAXES UNION GARDENS TAX INC. DIST. 20,100 12TH STREET TAX INC. DIST. 160,500 TAXES 20,000 INTEREST 500 TAXES 160,000 DDO TAX INC. DIST. 5,545,000 505,000 AMERICAN CAN TAX INC. DIST. 14 ---PAGE BREAK--- OGDEN CITY 2015-2016 BUDGET REVENUE SUMMARY REPORT 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 2,603 2,000 113,966 125,000 116,569 127,000 4,991 5,000 2,243,690 2,240,000 2,248,681 2,245,000 2,010 2,500 343,263 350,000 345,273 352,500 920 - 624,387 950,000 98,253 99,000 723,560 1,049,000 1,104 1,000 158,139 160,000 159,243 161,000 - 35,000 - 35,000 - 25,000 - 25,000 - 50,000 - 50,000 - 1,621,275 - 1,621,275 GRAND TOTAL: 19,231,334 20,367,025 INTEREST 5,000 TAXES 1,700,000 TAXES 7,500 TAXES 15,000 TAXES 35,000 OTHER FINANCING SOURCES - 18,743,500 - 7,500 INTEREST 2,000 TAXES 160,000 402,500 INTEREST 500 TAXES 60,000 2,500 INTEREST TAXES 400,000 OTHER FINANCING SOURCES INTEREST WALL AVENUE TAX INC. DIST. 162,000 RDA HOUSING HINCKLEY AIRPORT TAX INC. DIST. 176,000 WEST 12TH TAX INC. DIST. 1,705,000 HINCKLEY DR TAX INC. DIST. 1,000 OGDEN RIVER REDEV. PROJECT AREA 650,500 EAST WASHINGTON URBAN RENEWAL AREA 35,000 TRACKLINE ECONOMIC DEV. AREA 15,000 SOUTH WALL ECONOMIC DEV. AREA 590,000 TAXES 175,000 15 ---PAGE BREAK--- 0.79% 3.15% 2.32% 22.07% 27.23% 0.25% 6.32% 0.00% 0.79% 1.73% 0.44% 2.28% 4.08% 5.15% 0.30% 7.96% 0.30% 0.17% 1.09% 0.12% 0.12% 0.62% 1.70% 11.02% 100% OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET APPROPRIATIONS BY FUND 12TH STREET TAX INC. DIST. 161,000 25TH STREET TAX INC. DIST. 642,000 AMERICAN CAN TAX INC. DIST. 471,500 CBD MALL TAX INC. DIST. 4,494,025 DDO TAX INC. DIST. 5,545,000 EAST WASHINGTON URBAN RENEWAL AREA 50,000 FAIRMOUNT TAX INC. DIST. 1,287,500 GOLDEN LINKS TAX INC. DIST. 775 HINCKLEY AIRPORT 161,000 HINCKLEY DR TAX INC. DIST. 352,500 LESTER PARK TAX INC. DIST. 90,400 LINCOLN TAX INC. DIST. 465,200 OGDEN REDEVELOPMENT AGENCY 831,000 OGDEN RIVER REDEV PROJECT AREA 1,049,000 PARK BLVD. TAX INC. DIST. 60,100 SOUTH CBD TAX INC. DIST. 61,150 SOUTH WALL ECONOMIC DEV AREA 35,000 RDA HOUSING 1,621,275 ST. BENEDICTS TAX INC. DIST. 221,500 TRACKLINE ECONOMIC DEV AREA 25,000 UNION GARDENS TAX INC. DIST. 24,100 20,367,025 WALL AVENUE TAX INC. DIST. 127,000 WASHINGTON BLVD. TAX INC. DIST. 346,000 WEST 12TH TAX INC. DIST. 2,245,000 $20,367,025 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 ST. BENEDICTS TRACKLINE ECONOMIC DEV AREA UNION GARDENS WALL AVENUE WASHINGTON BLVD. 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. 16 ---PAGE BREAK--- - 4,800 1,931,181 826,200 1,931,181 831,000 1,289,665 1,287,500 1,289,665 1,287,500 4,125,955 4,494,025 4,125,955 4,494,025 60,790 61,150 60,790 61,150 340,176 465,200 340,176 465,200 346,951 346,000 346,951 346,000 90,253 90,400 90,253 90,400 730 775 730 775 60,112 60,100 60,112 60,100 640,388 642,000 640,388 642,000 OGDEN CITY 2015-2016 BUDGET APPROPRIATIONS BY FUND REPORT 1,303,500 COUNCIL 10,000 RDA 1,293,500 1,227,500 COMMUNITY AND ECONOMIC DEVELOPMENT 32,250 32,250 LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 475,200 475,200 WASHINGTON BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 386,000 386,000 LESTER PARK TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN REDEVELOPMENT AGENCY CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 4,861,150 4,861,150 SOUTH CBD TAX INC. DIST. FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 1,227,500 COMMUNITY AND ECONOMIC DEVELOPMENT 90,400 90,400 GOLDEN LINKS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 800 800 PARK BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 30,100 30,100 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 727,000 727,000 17 ---PAGE BREAK--- OGDEN CITY 2015-2016 BUDGET APPROPRIATIONS BY FUND REPORT 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 221,568 221,500 221,568 221,500 23,828 24,100 23,828 24,100 161,076 161,000 161,076 161,000 1,855,476 - 3,451,091 5,545,000 5,306,567 5,545,000 470,298 471,500 470,298 471,500 111,064 127,000 111,064 127,000 1,812,552 2,245,000 1,812,552 2,245,000 121,082 352,500 121,082 352,500 748,008 1,049,000 748,008 1,049,000 159,699 161,000 159,699 161,000 COMMUNITY AND ECONOMIC DEVELOPMENT 650,500 402,500 OGDEN RIVER REDEV. PROJECT AREA 650,500 COMMUNITY AND ECONOMIC DEVELOPMENT 5,545,000 UNION GARDENS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 20,100 20,100 12TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 160,500 160,500 ST. BENEDICTS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 225,500 225,500 DDO TAX INC. DIST. 5,545,000 BUSINESS DEVELOPMENT - WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 162,000 162,000 HINCKLEY AIRPORT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 176,000 176,000 WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 1,705,000 1,705,000 HINCKLEY DR TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 402,500 505,000 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 505,000 18 ---PAGE BREAK--- OGDEN CITY 2015-2016 BUDGET APPROPRIATIONS BY FUND REPORT 2014 ACTUAL 2015 ADOPTED 2016 BUDGET - 35,000 - 35,000 - 25,000 - 25,000 - 50,000 - 50,000 - 1,621,275 - 1,621,275 GRAND TOTAL: 18,021,943 20,367,025 - RDA - 7,500 35,000 18,743,500 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT 35,000 TRACKLINE ECONOMIC DEV. AREA COMMUNITY AND ECONOMIC DEVELOPMENT 15,000 15,000 SOUTH WALL ECONOMIC DEV. AREA COMMUNITY AND ECONOMIC DEVELOPMENT 7,500 RDA HOUSING 19 ---PAGE BREAK--- 3,989,950 19.59% 2,447,475 12.02% 5,999,200 29.46% 4,800 0.02% 7,925,600 38.91% 20,367,025 100% DEBT SERVICE GENERAL ADMINISTRATION & SUPPORT INTERGOVERNMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2015 - 2016 BUDGET PROGRAM SUMMARY BUSINESS DEVELOPMENT COMMUNITY DEVELOPMENT PROGRAM SUMMARY BUSINESS DEVELOPMENT COMMUNITY DEVELOPMENT DEBT SERVICE GENERAL ADMINISTRATION & SUPPORT INTERGOVERNMENTAL EXPENDITURES 20 ---PAGE BREAK--- 4,800 4,800 826,200 1,621,275 2,447,475 551,425 746,200 61,150 197,800 346,000 90,400 775 60,100 414,713 18,185 TAX INCREMENT DISTRICTS 30,100 60,112 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 800 PARK BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 730 LESTER PARK TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 90,400 GOLDEN LINKS TAX INC. DIST. 90,253 TAX INCREMENT DISTRICTS 167,500 WASHINGTON BLVD. TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 386,000 190,176 346,951 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 13,000 LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 1,040,100 SOUTH CBD TAX INC. DIST. 1,931,181 1,293,500 BUSINESS DEVELOPMENT FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 592,950 614,047 1,293,500 OGDEN REDEVELOPMENT AGENCY COUNCIL RDA BOARD 10,000 - - 1,931,181 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET PROGRAM SUMMARY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET GENERAL ADMINISTRATION & SUPPORT RDA HOUSING RDA OGDEN RDA GENERAL OPERATIONS - - 10,000 COMMUNITY DEVELOPMENT OGDEN REDEVELOPMENT AGENCY RDA OGDEN RDA GENERAL OPERATIONS 21 ---PAGE BREAK--- - 221,500 24,100 64,700 325,000 68,000 26,550 137,250 - 824,250 161,000 26,250 TAX INCREMENT DISTRICTS 6,000 BUSINESS DEVELOPMENT (CONTINUED…) SOUTH WALL ECONOMIC DEV AREA COMMUNITY AND ECONOMIC DEVELOPMENT - TAX INCREMENT DISTRICTS 643,000 HINCKLEY AIRPORT COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 176,000 685,379 159,699 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 310,500 OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT - WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 139,175 HINCKLEY DR TAX INC. DIST. 68,147 TAX INCREMENT DISTRICTS 23,000 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 57,000 70,102 12,755 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 75,000 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 65,501 12TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 88,500 DDO TAX INC. DIST. 48,183 TAX INCREMENT DISTRICTS 225,500 UNION GARDENS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 20,100 221,568 23,828 ST. BENEDICTS TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET PROGRAM SUMMARY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 15,000 16,000 22 ---PAGE BREAK--- 18,750 38,750 3,989,950 349,475 3,747,825 159,250 - 310,200 69,200 1,163,250 200,000 5,999,200 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET PROGRAM SUMMARY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - 7,679,501 5,934,800 38,065 TAX INCREMENT DISTRICTS 65,000 WEST 12TH TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 1,182,125 69,818 1,238,004 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 357,000 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 306,890 DDO TAX INC. DIST. BUSINESS DEVELOPMENT TAX INCREMENT DISTRICTS DEBT SERVICE - AMERICAN CAN TAX INC. DIST. 1,855,476 TAX INCREMENT DISTRICTS 3,821,050 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 153,300 3,711,242 134,388 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 356,325 CBD MALL TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 325,618 DEBT SERVICE FAIRMOUNT TAX INC. DIST. TAX INCREMENT DISTRICTS 27,125 3,106,329 4,138,000 - COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 11,250 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT - TRACKLINE ECONOMIC DEV AREA BUSINESS DEVELOPMENT (CONTINUED…) 23 ---PAGE BREAK--- 386,600 - 267,400 482,750 96,300 5,220,000 93,300 31,250 944,500 352,500 24,750 8,750 1,500 121,082 24,564 SOUTH WALL ECONOMIC DEV AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS HINCKLEY DR TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 506,401 - TAX INCREMENT DISTRICTS 92,000 OGDEN RIVER REDEV PROJECT AREA COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 7,500 TAX INCREMENT DISTRICTS 40,000 WEST 12TH TAX INC. DIST. 28,491 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 383,700 TAX INCREMENT DISTRICTS 125,000 3,385,590 93,306 WALL AVENUE TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT 112,893 TAX INCREMENT DISTRICTS 5,470,000 AMERICAN CAN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 12TH STREET TAX INC. DIST. 490,000 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 72,000 DDO TAX INC. DIST. TAX INCREMENT DISTRICTS 307,700 150,000 25TH STREET TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 558,700 COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 19,250 LINCOLN TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT 42,605 FAIRMOUNT TAX INC. DIST. COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 278,225 SOUTH CBD TAX INC. DIST. 350,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET PROGRAM SUMMARY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET INTERGOVERNMENTAL EXPENDITURES 24 ---PAGE BREAK--- 6,250 11,250 7,925,600 20,367,025 INTERGOVERNMENTAL EXPENDITURES (CONTINUED…) COMMUNITY AND ECONOMIC DEVELOPMENT 5,304,932 7,367,200 GRAND TOTAL: 18,021,943 18,743,500 TRACKLINE ECONOMIC DEV AREA TAX INCREMENT DISTRICTS 7,875 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET PROGRAM SUMMARY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET - TAX INCREMENT DISTRICTS 3,750 EAST WASHINGTON URBAN RENEWAL AREA COMMUNITY AND ECONOMIC DEVELOPMENT - 25 ---PAGE BREAK--- 6,000 15,000 810,000 2,172,639 831,000 826,200 4,800 1,931,181 831,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN REDEVELOPMENT AGENCY OTHER FINANCING SOURCES 2,151,386 1,288,500 1,303,500 EXPENDITURES OGDEN RDA GENERAL OPERATIONS 1,931,181 1,293,500 REVENUES INTEREST 6,253 - MISCELLANEOUS 15,000 15,000 RDA BOARD - 10,000 1,303,500 26 ---PAGE BREAK--- - 6,000 - 6,000 15,000 15,000 15,000 15,000 1,288,500 810,000 1,288,500 810,000 1,303,500 831,000 INTEREST GENERAL 6,253 - Interest Income is any interest earned to positive cash balance 6,253 - OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET OGDEN REDEVELOPMENT AGENCY 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET OTHER FINANCING SOURCES TRANSFERS 2,151,386 - Transfers are money transferred into the Redevelopment Agency to make debt payments. 2,151,386 - MISCELLANEOUS OTHER 15,000 - Miscellaneous revenue is from the various districts to fund administrative costs. 15,000 - 2,172,639 - OGDEN REDEVELOPMENT AGENCY TOTAL 27 ---PAGE BREAK--- 10,000 4,800 10,000 4,800 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET - - 10,000 4,800 DIVISION SUMMARY COUNCIL COUNCIL CHARGES FOR SERVICES - - 10,000 4,800 RDA BOARD - - 10,000 4,800 - - 10,000 4,800 FUNDING SOURCES COUNCIL INTEREST INCOME 28 ---PAGE BREAK--- - 1,200 5,000 15,000 1,288,500 810,000 1,293,500 826,200 RDA CHARGES FOR SERVICES 774,456 336,546 575,000 676,200 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN REDEVELOPMENT AGENCY 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 1,931,181 895,573 1,293,500 826,200 DIVISION SUMMARY RDA OTHER OPERATING EXPENSE 774,496 108,754 718,500 150,000 LAND 382,229 450,273 - - FUNDING SOURCES RDA INTEREST INCOME TRANSFER FROM OTHER FUNDS OGDEN RDA GENERAL OPERATIONS 1,931,181 895,573 1,293,500 826,200 1,931,181 895,573 1,293,500 826,200 MISCELLANEOUS 29 ---PAGE BREAK--- FAIRMOUNT DISTRICT 30 ---PAGE BREAK--- 2,500 90,000 1,195,000 1,289,666 1,287,500 1,287,500 1,289,665 1,287,500 FAIRMOUNT TAX INC. DIST. REVENUES OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES FAIRMOUNT TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET TAXES 1,286,235 1,225,000 1,227,500 EXPENDITURES TAX INCREMENT DISTRICTS 1,289,665 1,227,500 INTEREST 3,431 2,500 CHARGES FOR SERVICES - - 1,227,500 31 ---PAGE BREAK--- 2,500 2,500 2,500 2,500 - 90,000 - 90,000 1,225,000 1,195,000 1,225,000 1,195,000 1,227,500 1,287,500 CHARGES FOR SERVICES DEVELOPER PAYMENTS - - Revenue received from developer in Fairmount Tax Increment District. - - TAXES PROPERTY TAXES 1,286,235 1,053,531 1,286,235 1,053,531 Property Taxes are assessed within the Fairmount Tax Increment District to fund improvements. OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET FAIRMOUNT TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET INTEREST GENERAL 3,431 - Interest Income is any interest earned to positive cash balance 3,431 - FAIRMOUNT TAX INC. DIST. TOTAL 1,289,666 1,053,531 32 ---PAGE BREAK--- 2,500 2,500 - 90,000 1,225,000 1,195,000 1,227,500 1,287,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES FAIRMOUNT TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 614,047 - 592,950 551,425 1,289,665 - 1,227,500 1,287,500 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 325,618 - 356,325 349,475 OPERATING TRANSFERS 350,000 - 278,225 386,600 TAX INCREMENT DISTRICTS 1,289,665 - 1,227,500 1,287,500 1,289,665 - 1,227,500 1,287,500 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME CHARGES FOR SERVICES TAX REVENUE 33 ---PAGE BREAK--- CBD MALL DISTRICT 34 ---PAGE BREAK--- 826,300 10,000 17,700 2,340,025 1,300,000 4,284,717 4,494,025 4,494,025 4,125,955 4,494,025 INTEREST 56 10,000 MISCELLANEOUS 222,029 - CBD MALL TAX INC. DIST. REVENUES CHARGES FOR SERVICES 826,346 694,800 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES CBD MALL TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 4,861,150 EXPENDITURES TAX INCREMENT DISTRICTS 4,125,955 4,861,150 4,861,150 OTHER FINANCING SOURCES 1,856,733 2,856,350 TAXES 1,379,553 1,300,000 35 ---PAGE BREAK--- 694,800 826,300 694,800 826,300 10,000 10,000 10,000 10,000 - 17,700 - 17,700 2,856,350 2,340,025 2,856,350 2,340,025 1,300,000 1,300,000 1,300,000 1,300,000 4,861,150 4,494,025 Lease Revenue records the revenue from leasing operation primarily at the Rec Center. CHARGES FOR SERVICES LEASE REVENUE 826,346 579,800 826,346 579,800 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET CBD MALL TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET MISCELLANEOUS SALE OF ASSETS 222,029 8,857 Sale of Assets revenue is generated throught the occasional sale of fixed assets 222,029 8,857 INTEREST GENERAL 56 26 Interest Income is any interest earned to positive cash balance 56 26 TAXES PROPERTY TAXES 1,379,553 1,230,050 Property Taxes are assessed within the Central Business District (CBD) Tax Increment District to fund improvements 1,379,553 1,230,050 OTHER FINANCING SOURCES TRANSFERS 1,856,733 - Transfers are money transfered in to the Redevelopment Agency to make payments. 1,856,733 - CBD MALL TAX INC. DIST. TOTAL 4,284,717 1,818,733 36 ---PAGE BREAK--- 694,800 826,300 10,000 10,000 - 17,700 2,856,350 2,340,025 1,300,000 1,300,000 4,861,150 4,494,025 SUMMARY OF DEPARTMENTAL EXPENDITURES CBD MALL TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET OTHER OPERATING EXPENSE 289,713 478,751 1,040,100 746,200 DEBT SERVICE 3,711,242 1,440,782 3,821,050 3,747,825 IMPROVEMENTS 125,000 - - - 4,125,955 1,919,533 4,861,150 4,494,025 4,494,025 4,125,955 1,919,533 4,861,150 4,494,025 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 4,125,955 1,919,533 4,861,150 COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES MISCELLANEOUS OTHER FINANCING SOURCES TAX REVENUE INTEREST INCOME 37 ---PAGE BREAK--- SOUTH CBD DISTRICT 38 ---PAGE BREAK--- 250 60,900 60,790 61,150 61,150 60,790 61,150 60,790 32,250 32,250 SOUTH CBD TAX INC. DIST. REVENUES INTEREST 173 250 TAXES 60,617 32,000 TAX INCREMENT DISTRICTS OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES SOUTH CBD TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 32,250 EXPENDITURES 39 ---PAGE BREAK--- 250 250 250 250 32,000 60,900 32,000 60,900 32,250 61,150 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET SOUTH CBD TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 60,617 55,157 Property Taxes are assessed within the South Central Business District (CBD) Tax Increment District to fund improvements 60,617 55,157 INTEREST GENERAL 173 - Interest Income is any interest earned to positive cash balance 173 - SOUTH CBD TAX INC. DIST. TOTAL 60,790 55,157 40 ---PAGE BREAK--- 250 250 32,000 60,900 32,250 61,150 SUMMARY OF DEPARTMENTAL EXPENDITURES SOUTH CBD TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET 60,790 - 32,250 61,150 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 18,185 - 13,000 61,150 OPERATING TRANSFERS 42,605 - 19,250 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 60,790 - 32,250 61,150 60,790 - 32,250 61,150 41 ---PAGE BREAK--- LINCOLN DISTRICT 42 ---PAGE BREAK--- 200 465,000 468,497 465,200 465,200 340,176 465,200 TAXES 466,970 475,000 475,200 EXPENDITURES TAX INCREMENT DISTRICTS 340,176 475,200 SUMMARY OF REVENUES AND EXPENDITURES LINCOLN TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET 475,200 LINCOLN TAX INC. DIST. REVENUES INTEREST 1,527 200 43 ---PAGE BREAK--- 200 200 200 200 475,000 465,000 475,000 465,000 475,200 465,200 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET LINCOLN TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 466,970 412,976 466,970 412,976 Property Taxes are assessed within the Lincoln Tax Increment District to fund improvements INTEREST GENERAL 1,527 - Interest Income is any interest earned to positive cash balance 1,527 - LINCOLN TAX INC. DIST. TOTAL 468,497 412,976 44 ---PAGE BREAK--- 200 200 475,000 465,000 475,200 465,200 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES LINCOLN TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 190,176 - 167,500 197,800 340,176 243,554 475,200 465,200 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT OPERATING TRANSFERS 150,000 - 107,700 267,400 INTERAGENCY TRANSFERS - 243,554 200,000 - FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 340,176 243,554 475,200 465,200 340,176 243,554 475,200 465,200 45 ---PAGE BREAK--- WASHINGTON BLVD. DISTRICT 46 ---PAGE BREAK--- 1,000 345,000 346,951 346,000 346,000 346,951 346,000 WASHINGTON BLVD. TAX INC. DIST. REVENUES INTEREST 1,020 1,000 2014 ACTUAL 2015 ADOPTED 386,000 TAXES 345,931 385,000 386,000 EXPENDITURES TAX INCREMENT DISTRICTS 346,951 386,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WASHINGTON BLVD. TAX INC. DIST. 2016 BUDGET 47 ---PAGE BREAK--- 1,000 1,000 1,000 1,000 385,000 345,000 385,000 345,000 386,000 346,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET WASHINGTON BLVD. TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 345,931 315,490 345,931 315,490 Property Taxes are assessed within the Washington Blvd Increment District to fund improvements INTEREST GENERAL 1,020 - Interest Income is any interest earned to positive cash balance 1,020 - 346,951 315,490 WASHINGTON BLVD. TAX INC. DIST. TOTAL 48 ---PAGE BREAK--- 1,000 1,000 385,000 345,000 386,000 346,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WASHINGTON BLVD. TAX INC. DIST. 346,951 - 386,000 346,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 346,951 - 386,000 346,000 TAX INCREMENT DISTRICTS 346,951 - 386,000 346,000 346,951 - 386,000 346,000 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 49 ---PAGE BREAK--- LESTER PARK DISTRICT 50 ---PAGE BREAK--- 400 90,000 90,253 90,400 90,400 90,253 90,400 LESTER PARK TAX INC. DIST. REVENUES INTEREST [PHONE REDACTED] ACTUAL 2015 ADOPTED OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES LESTER PARK TAX INC. DIST. 2016 BUDGET TAXES 89,984 90,000 90,400 EXPENDITURES TAX INCREMENT DISTRICTS 90,253 90,400 90,400 51 ---PAGE BREAK--- 400 400 400 400 90,000 90,000 90,000 90,000 90,400 90,400 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET LESTER PARK TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 89,984 80,008 89,984 80,008 Property Taxes are assessed within the Lester Park Distict Tax Increment District to fund improvements INTEREST GENERAL 269 - Interest Income is any interest earned to positive cash balance 269 - LESTER PARK TAX INC. DIST. TOTAL 90,253 80,008 52 ---PAGE BREAK--- 400 400 90,000 90,000 90,400 90,400 SUMMARY OF DEPARTMENTAL EXPENDITURES LESTER PARK TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET OTHER OPERATING EXPENSE 90,253 - 90,400 90,400 90,253 - 90,400 90,400 90,400 90,253 - 90,400 90,400 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 90,253 - 90,400 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 53 ---PAGE BREAK--- GOLDEN LINKS DISTRICT 54 ---PAGE BREAK--- 50 725 730 775 775 730 775 800 TAXES 727 750 3 50 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES GOLDEN LINKS TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 800 EXPENDITURES TAX INCREMENT DISTRICTS 730 800 GOLDEN LINKS TAX INC. DIST. REVENUES INTEREST 55 ---PAGE BREAK--- 50 50 50 50 750 725 750 725 800 775 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET GOLDEN LINKS TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 727 594 727 594 Property Taxes are assessed within the Golden Links Tax Increment District to fund improvements INTEREST GENERAL 3 - Interest Income is any interest earned to positive cash balance 3 - GOLDEN LINKS TAX INC. DIST. TOTAL 730 594 56 ---PAGE BREAK--- 50 50 750 725 800 775 COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 730 - 800 775 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES GOLDEN LINKS TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 730 - 800 775 775 730 - 800 775 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 730 - 800 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 57 ---PAGE BREAK--- PARK BLVD DISTRICT 58 ---PAGE BREAK--- 100 60,000 60,112 60,100 60,100 60,112 60,100 TAXES 59,940 30,000 30,100 EXPENDITURES TAX INCREMENT DISTRICTS 60,112 30,100 PARK BLVD. TAX INC. DIST. REVENUES INTEREST 172 100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES PARK BLVD. TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 30,100 59 ---PAGE BREAK--- 100 100 100 100 30,000 60,000 30,000 60,000 30,100 60,100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET PARK BLVD. TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 59,940 52,346 59,940 52,346 Property Taxes are assessed within the Park Blvd. Tax Increment District to fund improvements INTEREST GENERAL 172 - Interest Income is any interest earned to positive cash balance 172 - PARK BLVD. TAX INC. DIST. TOTAL 60,112 52,346 60 ---PAGE BREAK--- 100 100 30,000 60,000 30,100 60,100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES PARK BLVD. TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 60,112 - 30,100 60,100 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 60,112 - 30,100 60,100 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 60,112 - 30,100 60,100 60,112 - 30,100 60,100 61 ---PAGE BREAK--- 25TH STREET DISTRICT 62 ---PAGE BREAK--- 2,000 640,000 642,242 642,000 642,000 640,388 642,000 25TH STREET TAX INC. DIST. REVENUES INTEREST 2,173 2,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES 25TH STREET TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 727,000 TAXES 640,069 725,000 727,000 EXPENDITURES TAX INCREMENT DISTRICTS 640,388 727,000 63 ---PAGE BREAK--- 2,000 2,000 2,000 2,000 725,000 640,000 725,000 640,000 727,000 642,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET 25TH STREET TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 640,069 559,620 640,069 559,620 Property Taxes are assessed within the 25th Street Tax Increment District to fund improvements INTEREST GENERAL 2,173 - Interest Income is any interest earned to positive cash balance 2,173 - 25TH STREET TAX INC. DIST. TOTAL 642,242 559,620 64 ---PAGE BREAK--- 2,000 2,000 725,000 640,000 727,000 642,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES 25TH STREET TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 16,000 40,548 15,000 - 640,388 46,045 727,000 642,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 134,388 5,497 153,300 159,250 OPERATING TRANSFERS 490,000 - 558,700 482,750 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 640,388 46,044 727,000 642,000 640,388 46,044 727,000 642,000 65 ---PAGE BREAK--- ST. BENEDICTS DISTRICT 66 ---PAGE BREAK--- 500 221,000 221,569 221,500 221,500 221,568 221,500 ST. BENEDICTS TAX INC. DIST. REVENUES INTEREST 648 500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES ST. BENEDICTS TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET TAXES 220,921 225,000 225,500 EXPENDITURES TAX INCREMENT DISTRICTS 221,568 225,500 225,500 67 ---PAGE BREAK--- 500 500 500 500 225,000 221,000 225,000 221,000 225,500 221,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET ST. BENEDICTS TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 220,921 183,746 220,921 183,746 Property Taxes are assessed within the St. Benedicts Tax Increment District to fund improvements INTEREST GENERAL 648 - Interest Income is any interest earned to positive cash balance 648 - ST. BENEDICTS TAX INC. DIST. TOTAL 221,569 183,746 68 ---PAGE BREAK--- 500 500 225,000 221,000 225,500 221,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES ST. BENEDICTS TAX INC. DIST. 221,568 - 225,500 221,500 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 221,568 - 225,500 221,500 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 221,568 - 225,500 221,500 221,568 - 225,500 221,500 69 ---PAGE BREAK--- UNION GARDENS DISTRICT 70 ---PAGE BREAK--- 100 24,000 23,828 24,100 24,100 23,828 24,100 2016 BUDGET 20,100 TAXES 23,758 20,000 20,100 EXPENDITURES TAX INCREMENT DISTRICTS 23,828 20,100 UNION GARDENS TAX INC. DIST. REVENUES INTEREST 70 100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES UNION GARDENS TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 71 ---PAGE BREAK--- 100 100 100 100 20,000 24,000 20,000 24,000 20,100 24,100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET UNION GARDENS TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 23,758 21,475 23,758 21,475 Property Taxes are assessed within the Union Gardens Tax Increment District to fund improvements INTEREST GENERAL 70 - Interest Income is any interest earned to positive cash balance 70 - UNION GARDENS TAX INC. DIST. TOTAL 23,828 21,475 72 ---PAGE BREAK--- 100 100 20,000 24,000 20,100 24,100 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES UNION GARDENS TAX INC. DIST. 23,828 - 20,100 24,100 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 23,828 - 20,100 24,100 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 23,828 - 20,100 24,100 23,828 - 20,100 24,100 73 ---PAGE BREAK--- 12TH STREET DISTRICT 74 ---PAGE BREAK--- 500 160,500 161,076 161,000 161,000 161,076 161,000 TAXES 160,610 160,000 160,500 EXPENDITURES TAX INCREMENT DISTRICTS 161,076 160,500 12TH STREET TAX INC. DIST. REVENUES INTEREST 466 500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES 12TH STREET TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 160,500 75 ---PAGE BREAK--- 500 500 500 500 160,000 160,500 160,000 160,500 160,500 161,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET 12TH STREET TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 160,610 139,204 160,610 139,204 Property Taxes are assessed within the 12th Street Tax Increment District to fund improvements INTEREST GENERAL 466 - Interest Income is any interest earned to positive cash balance 466 - 12TH STREET TAX INC. DIST. TOTAL 161,076 139,204 76 ---PAGE BREAK--- 500 500 160,000 160,500 160,500 161,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES 12TH STREET TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 48,183 - 88,500 64,700 OPERATING TRANSFERS 112,893 - 72,000 96,300 161,076 - 160,500 161,000 161,000 161,076 - 160,500 161,000 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 161,076 - 160,500 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 77 ---PAGE BREAK--- DDO DISTRICT 78 ---PAGE BREAK--- 45,000 200,000 5,300,000 5,344,632 5,545,000 5,545,000 - 5,306,567 5,545,000 TAXES 5,294,718 5,500,000 DDO TAX INC. DIST. REVENUES INTEREST 49,914 45,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES DDO TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET MISCELLANEOUS REVENUE - - 5,545,000 5,545,000 EXPENDITURES TAX INCREMENT DISTRICTS 3,451,091 5,545,000 TAX INCREMENT DISTRICTS DEBT SERVICE 1,855,476 - 79 ---PAGE BREAK--- 45,000 45,000 45,000 45,000 - 200,000 - 200,000 5,500,000 5,300,000 5,500,000 5,300,000 5,545,000 5,545,000 MISCELLANEOUS OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET DDO TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 5,294,718 4,452,807 Property Taxes are assessed within the DDO Tax Increment District to fund improvements 5,294,718 4,452,807 INTEREST GENERAL 49,914 - Interest Income is any interest earned to positive cash balance 49,914 - LOAN REPAYMENTS - - Loan payments received from Ogden River Redevelopment Project Area - - DDO TAX INC. DIST. TOTAL 5,344,632 4,452,807 80 ---PAGE BREAK--- 45,000 45,000 - 200,000 5,500,000 5,300,000 5,545,000 5,545,000 COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 65,501 28,104 75,000 325,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES DDO TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET INTERAGENCY TRANSFERS 3,385,590 - 5,470,000 5,220,000 3,451,091 28,104 5,545,000 5,545,000 5,545,000 3,451,091 28,104 5,545,000 5,545,000 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 3,451,091 28,104 5,545,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE MISCELLANEOUS 81 ---PAGE BREAK--- - - - - OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES DDO TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 1,855,476 - - - DIVISION SUMMARY BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT DEBT SERVICE 1,855,476 - - - TAX INCREMENT DISTRICTS DEBT SERVICE 1,855,476 - - - 1,855,476 - - - FUNDING SOURCES BUSINESS DEVELOPMENT TAX REVENUE 82 ---PAGE BREAK--- AMERICAN CAN DISTRICT 83 ---PAGE BREAK--- 5,000 466,500 470,306 471,500 471,500 470,298 471,500 AMERICAN CAN TAX INC. DIST. REVENUES INTEREST 3,774 5,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES AMERICAN CAN TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET TAXES 466,532 500,000 505,000 EXPENDITURES TAX INCREMENT DISTRICTS 470,298 505,000 505,000 84 ---PAGE BREAK--- 5,000 5,000 5,000 5,000 500,000 466,500 500,000 466,500 505,000 471,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET AMERICAN CAN TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 466,532 419,172 466,532 419,172 Property Taxes are assessed within the American Can Tax Increment District to fund improvements INTEREST GENERAL 3,774 - Interest Income is any interest earned to positive cash balance 3,774 - AMERICAN CAN TAX INC. DIST. TOTAL 470,306 419,172 85 ---PAGE BREAK--- 5,000 5,000 500,000 466,500 505,000 471,500 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES AMERICAN CAN TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 93,300 470,298 14,401 505,000 471,500 OTHER OPERATING EXPENSE 70,102 14,401 23,000 68,000 DEBT SERVICE 306,890 - 357,000 310,200 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 470,298 14,401 505,000 OPERATING TRANSFERS 93,306 - 125,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 471,500 470,298 14,401 505,000 471,500 FUNDING SOURCES 86 ---PAGE BREAK--- WALL AVE DISTRICT 87 ---PAGE BREAK--- 2,000 125,000 116,569 127,000 127,000 111,064 127,000 2016 BUDGET 162,000 TAXES 113,966 160,000 162,000 EXPENDITURES TAX INCREMENT DISTRICTS 111,064 162,000 WALL AVENUE TAX INC. DIST. REVENUES INTEREST 2,603 2,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WALL AVENUE TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 88 ---PAGE BREAK--- 2,000 2,000 2,000 2,000 160,000 125,000 160,000 125,000 162,000 127,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET WALL AVENUE TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 113,966 114,943 113,966 114,943 Property Taxes are assessed within the Wall Avenue Tax Increment District to fund improvements INTEREST GENERAL 2,603 - Interest Income is any interest earned to positive cash balance 2,603 - WALL AVENUE TAX INC. DIST. TOTAL 116,569 114,943 89 ---PAGE BREAK--- 2,000 2,000 160,000 125,000 162,000 127,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WALL AVENUE TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 12,775 240 57,000 26,550 111,084 5,395 162,000 127,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 69,818 5,155 65,000 69,200 OPERATING TRANSFERS 28,491 - 40,000 31,250 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 111,064 5,395 162,000 127,000 111,064 5,395 162,000 127,000 90 ---PAGE BREAK--- WEST 12TH DISTRICT 91 ---PAGE BREAK--- 5,000 2,240,000 2,248,681 2,245,000 2,245,000 1,812,552 2,245,000 TAXES 2,243,690 1,700,000 1,705,000 EXPENDITURES TAX INCREMENT DISTRICTS 1,812,552 1,705,000 WEST 12TH TAX INC. DIST. REVENUES INTEREST 4,991 5,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES WEST 12TH TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 1,705,000 92 ---PAGE BREAK--- 5,000 5,000 5,000 5,000 1,700,000 2,240,000 1,700,000 2,240,000 1,705,000 2,245,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET WEST 12TH TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 2,243,690 1,656,007 2,243,690 1,656,007 INTEREST GENERAL 4,991 - Interest Income is any interest earned to positive cash balance 4,991 - WEST 12TH TAX INC. DIST. TOTAL 2,248,681 1,656,007 Property Taxes are assessed within the West 12th Tax Increment District to fund improvements 93 ---PAGE BREAK--- 5,000 5,000 1,700,000 2,240,000 1,705,000 2,245,000 OTHER OPERATING EXPENSE 68,147 132,245 139,175 132,250 1,812,552 135,745 1,705,000 2,245,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES WEST 12TH TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - - - 5,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT DEBT SERVICE 1,238,004 3,500 1,182,125 1,163,250 OPERATING TRANSFERS 506,401 - 383,700 944,500 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE TAX INCREMENT DISTRICTS 1,812,552 135,745 1,705,000 2,245,000 1,812,552 135,745 1,705,000 2,245,000 94 ---PAGE BREAK--- HINCKLEY DRIVE DISTRICT 95 ---PAGE BREAK--- 2,500 350,000 345,273 352,500 352,500 121,082 352,500 HINCKLEY DR TAX INC. DIST. REVENUES INTEREST 2,010 2,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES HINCKLEY DR TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 402,500 2016 BUDGET TAXES 343,263 400,000 402,500 EXPENDITURES TAX INCREMENT DISTRICTS 121,082 402,500 96 ---PAGE BREAK--- 2,500 2,500 2,500 2,500 400,000 350,000 400,000 350,000 402,500 352,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET HINCKLEY DR TAX INC. DIST. 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 343,263 265,863 Property Taxes are assessed within the Hinckley Drive Tax Increment District to fund improvements 343,263 265,863 INTEREST GENERAL 2,010 - Interest Income is any interest earned to positive cash balance 2,010 - HINCKLEY DR TAX INC. DIST. TOTAL 345,273 265,863 97 ---PAGE BREAK--- 2,500 2,500 400,000 350,000 402,500 352,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES HINCKLEY DR TAX INC. DIST. OTHER OPERATING EXPENSE - - 94,900 - 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - - 215,600 - OPERATING TRANSFERS 121,082 - 92,000 352,500 121,082 - 402,500 352,500 352,500 121,082 - 402,500 352,500 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 121,082 - 402,500 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 98 ---PAGE BREAK--- OGDEN RIVER REDEVELOPMENT PROJECT 99 ---PAGE BREAK--- - 950,000 99,000 723,560 1,049,000 1,049,000 748,008 1,049,000 650,500 EXPENDITURES TAX INCREMENT DISTRICTS 748,008 650,500 650,500 OTHER FINANCING SOURCES 624,387 590,000 TAXES 98,253 60,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES OGDEN RIVER REDEV PROJECT AREA 2014 ACTUAL 2015 ADOPTED 2016 BUDGET OGDEN RIVER REDEV PROJECT AREA REVENUES INTEREST 920 500 100 ---PAGE BREAK--- 500 - 500 - 590,000 950,000 590,000 950,000 60,000 99,000 60,000 99,000 650,500 1,049,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET OGDEN RIVER REDEV PROJECT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET INTEREST GENERAL 920 - Interest Income is any interest earned to positive cash balance 920 - TAXES PROPERTY TAXES 98,253 92,024 Property Taxes are assessed within the Ogden River Redevelopment Area District to fund improvements. 98,253 92,024 OTHER FINANCING SOURCES TRANSFERS 624,387 - Transfers are money transfered in to the Redevelopment Agency to make payments 624,387 - OGDEN RIVER REDEV PROJECT AREA TOTAL 723,560 92,024 101 ---PAGE BREAK--- 500 - 60,000 99,000 590,000 950,000 650,500 1,049,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES OGDEN RIVER REDEV PROJECT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET DEBT SERVICE 38,065 - - 200,000 COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE 28,694 810 143,000 19,250 748,007 55,842 650,500 1,049,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT IMPROVEMENTS 656,684 55,032 500,000 805,000 OPERATING TRANSFERS 24,564 - 7,500 24,750 TAX INCREMENT DISTRICTS 748,008 55,842 650,500 1,049,000 748,008 55,842 650,500 1,049,000 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT TRANSFER FROM OTHER FUNDS TAX REVENUE INTEREST INCOME 102 ---PAGE BREAK--- AIRPORT DISTRICT 103 ---PAGE BREAK--- 1,000 160,000 159,243 161,000 161,000 159,699 161,000 176,000 HINCKLEY AIRPORT REVENUES INTEREST 1,104 1,000 TAXES 158,139 175,000 176,000 EXPENDITURES TAX INCREMENT DISTRICTS 159,699 176,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES HINCKLEY AIRPORT TAX INC. DIST. 2014 ACTUAL 2015 ADOPTED 2016 BUDGET 104 ---PAGE BREAK--- 1,000 1,000 1,000 1,000 175,000 160,000 175,000 160,000 176,000 161,000 - 1,104 Interest income if any is earned on positive cash balances. - 1,104 GENERAL INTEREST OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET HINCKLEY AIRPORT 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET TAXES PROPERTY TAXES 158,139 134,513 Property Taxes are assessed within the Hinckley Airport Tax Increment District to fund improvements 158,139 134,513 HINCKLEY AIRPORT TOTAL 159,243 134,513 105 ---PAGE BREAK--- 1,000 1,000 175,000 160,000 176,000 161,000 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES HINCKLEY AIRPORT 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET OTHER OPERATING EXPENSE 159,699 - 176,000 161,000 159,699 - 176,000 161,000 161,000 159,699 - 176,000 161,000 FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS 159,699 - 176,000 COMMUNITY AND ECONOMIC DEVELOPMENT INTEREST INCOME TAX REVENUE 106 ---PAGE BREAK--- SOUTH WALL ECONOMIC DEV AREA 107 ---PAGE BREAK--- 35,000 - 35,000 35,000 - 35,000 TAXES - 7,500 7,500 EXPENDITURES TAX INCREMENT DISTRICTS - 7,500 7,500 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES SOUTH WALL ECONOMIC DEV AREA 2014 ACTUAL 2015 ADOPTED 2016 BUDGET SOUTH WALL ECONOMIC DEV AREA REVENUES 108 ---PAGE BREAK--- 7,500 35,000 7,500 35,000 7,500 35,000 TAXES PROPERTY TAXES - 29,534 Property Taxes are assessed within the South Wall Economic Development Area to fund improvements. - 29,534 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET SOUTH WALL ECONOMIC DEVELOPMENT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET - 29,534 SOUTH WALL ECONOMIC DEV AREA TOTAL 109 ---PAGE BREAK--- 7,500 35,000 7,500 35,000 COMMUNITY AND ECONOMIC DEVELOPMENT OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES SOUTH WALL ECONOMIC DEVELOPMENT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET - - 7,500 35,000 DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE - - 6,000 26,250 OPERATING TRANSFERS - - 1,500 8,750 TAX INCREMENT DISTRICTS - - 7,500 35,000 - - 7,500 35,000 FUNDING SOURCES COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE 110 ---PAGE BREAK--- TRACKLINE ECONOMIC DEV AREA 111 ---PAGE BREAK--- 25,000 - 25,000 25,000 - 25,000 TAXES - 15,000 15,000 EXPENDITURES TAX INCREMENT DISTRICTS - 15,000 15,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES TRACKLINE ECONOMIC DEV AREA 2014 ACTUAL 2015 ADOPTED 2016 BUDGET TRACKLINE ECONOMIC DEV AREA REVENUES 112 ---PAGE BREAK--- 15,000 25,000 15,000 25,000 15,000 25,000 - 207,889 - 207,889 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET TRACKLINE ECONOMIC DEVELOPMENT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET Property Taxes are assessed within the Trackline Economic Development Area to fund improvements. TRACKLINE ECONOMIC DEV AREA TOTAL - 207,889 TAXES PROPERTY TAXES 113 ---PAGE BREAK--- 15,000 25,000 15,000 25,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES TRACKLINE ECONOMIC DEVELOPMENT AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET - 230,750 15,000 25,000 COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE COMMUNITY AND ECONOMIC DEVELOPMENT OTHER OPERATING EXPENSE - - 11,250 18,750 LAND - 230,750 25,000 - - DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - 230,750 15,000 OPERATING TRANSFERS - - 3,750 6,250 - 230,750 15,000 25,000 FUNDING SOURCES 114 ---PAGE BREAK--- EAST WASHINGTON URBAN RENEWAL AREA 115 ---PAGE BREAK--- 50,000 - 50,000 50,000 - 50,000 TAXES - 35,000 35,000 EXPENDITURES TAX INCREMENT DISTRICTS - 35,000 35,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES EAST WASHINGTON URBAN RENEWAL AREA 2014 ACTUAL 2015 ADOPTED 2016 BUDGET EAST WASHINGTON URBAN RENEWAL AREA REVENUES 116 ---PAGE BREAK--- 35,000 50,000 35,000 50,000 35,000 50,000 EAST WASHINGTON URBAN RENEWAL AREA TOTAL - 47,507 Property Taxes are assessed within the East Washington Urban Renewal Area to fund improvements. TAXES PROPERTY TAXES - 47,507 - 47,507 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FISCAL YEAR REVENUE BUDGET EAST WASHINGTON URBAN RENEWAL AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET 117 ---PAGE BREAK--- 35,000 50,000 35,000 50,000 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET FUNDING SOURCES DIVISION SUMMARY COMMUNITY AND ECONOMIC DEVELOPMENT TAX INCREMENT DISTRICTS - - 35,000 38,750 OPERATING TRANSFERS - - 7,875 11,250 50,000 SUMMARY OF DEPARTMENTAL EXPENDITURES EAST WASHINGTON URBAN RENEWAL AREA 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET COMMUNITY AND ECONOMIC DEVELOPMENT COMMUNITY AND ECONOMIC DEVELOPMENT TAX REVENUE OTHER OPERATING EXPENSE - - 27,125 - - 35,000 50,000 - - 35,000 50,000 118 ---PAGE BREAK--- RDA HOUSING 119 ---PAGE BREAK--- 1,621,275 - - 1,621,275 1,621,275 - - 1,621,275 OTHER FINANCING SOURCES - - EXPENDITURES OGDEN RDA GENERAL OPERATIONS - - OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF REVENUES AND EXPENDITURES RDA HOUSING 2014 ACTUAL 2015 ADOPTED 2016 BUDGET RDA HOUSING REVENUES 120 ---PAGE BREAK--- - 1,621,275 - 1,621,275 - 1,621,275 Housing funds from the various RDA Districts are transferred to the RDA Housing Fund. - - - - RDA HOUSING TOTAL FISCAL YEAR REVENUE BUDGET RDA HOUSING 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET OTHER FINANCING SOURCES INTERFUND TRANSFERS - - OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET 121 ---PAGE BREAK--- - 1,621,275 - 1,621,275 - - - 1,621,275 COMMUNITY AND ECONOMIC DEVELOPMENT CHARGES FOR SERVICES - - - 174,150 CAPITAL OUTLAY - - - 950,000 FUNDING SOURCES RDA OTHER FINANCING SOURCES - - - 1,621,275 DIVISION SUMMARY RDA OGDEN RDA GENERAL OPERATIONS - - - 1,621,275 OGDEN REDEVELOPMENT AGENCY 2015-2016 BUDGET SUMMARY OF DEPARTMENTAL EXPENDITURES RDA HOUSING 2014 ACTUAL 2015 7-MO ACTUAL 2015 ADOPTED 2016 BUDGET OTHER OPERATING EXPENSES - - - 497,125 122