09. Debt Service Funds & Capital Project FundsDEBT SERVICE FUNDS
Page Fund
1 various
Debt Service Funds
$
2,097,039
CAPITAL PROJECT FUNDS
2 4188
Tiger Rail / Trail Construction
$
3,352,632
3 4290
Sidewalk & Curb Construction
$
25,000
$
3,377,632
RATE FUND
PROGRAM OF SERVICES
DEBT SERVICE FUNDS
CASH REVENUE EXP.
7/1/2018 ANTICIPATED PROJECTIO
CASH
6/30/2019
3.83% 2005 AIRPORT TIF (Fund 3185) $2,000,000 15 yr
$360,304
$600,500
$780,226
$180,578
4.85% NEW CITY HALL (Fund 3170)
$12,434
$90,000
$89,611
$12,823
1.59% 2012 G. O. BOND $4,145,000 10 yr
$30,138
$503,000
$502,463
$30,675
4% V 2012 WESTSIDE TIF (Fund 3188) $ 500,000 25 yr
$490,011
$360,000
$366,027
$483,984
Bond Totals
$892,887
$1,553,500
$1,738,327
$708,060
3.25% 2010 S&C $ 942
$12
$122
$134
$0
3.00% 2011 S&C $ 5,792
$82
$770
$767
$85
3.25% 2012 S&C $ 3,982
S75
$550
$546
$79
3.25% 2013 S&C $17,472
$189
$2,490
$2,468
$211
3,25% 2014S&C $7,845
$164
$1,152
$1,140
$176
3.50% 2015 S&C $9,272
$110
$1,437
$1,402
$145
3.75% 2016 S&C $9,792
$73
$1,588
$1,545
$116
3.75% 2017 S&C $ 4288
$0
$700
$697
$3
S& C Totals
$705
$8,809
$8,699
$815
3500 DEBT SERVICE REVOLVING FUND
$65,115
$1,500
$0
$66,615
5.60% 2001 SID 343-SunnyviewKRMC $1,518,500 20yr
$4,598
$13,000
$15,825
$1,773
5.27% 2006 SID 344 - Old School Station $4,520,000 20 yr
$259,611
$245,000
$316,708
$187,903
SID 344 - 3500 BOND RESERVE
$226,000
$0
$0
$226,000
3.50% 2013 SID 345 -The "Willows" $ 228,000 15 yr
$16,627
$21,485
$17,480
$20,632
SID Totals
$571,951
$280,985
$350,013
$502,923
Total
$1,465,543
$1,843,294
$2,097,039
$1,211,798
For a comprehensive list of the City of Kalispell debt, see page 14 of the Exhibits section.
i
TIGER RAIL/TRAIL CONSTRUCTION FUND
FUND: 4188
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash, Capital Project
REVENUE
381030 Bond Proceeds
Total Revenue
TOTAL AVAILABLE
EXPENDITURES
480-470440
354
Cost of Issuance
820
Transfer to Debt Service
9XX
RAIL/TRAIL PROJECT
930
TRAIL MATCH
935
CITY MATCH - RAIL PARK
Total Debt Service
TOTAL EXPENDITURES
ENDING CASH
10100 Debt Service Cash
amended
ACTUAL
BUDGET
ACTUAL
BUDGET
FY16/17
FY17/18
FY17/18
FY18/19
$0 $0 $0 $3,352,632
$0 $4,973,291 $4,973,291 $0
$0 $4,973,291 $4,973,291 $0
$0 $4,973,291 $4,973,291 $3,352,632
$0
$60,000
$57,141
$0
$0
$1,000,000
$904,670
$0
$0
$0
$0
$3,352,632
$0
$100,000
$94,891
$0
$0
$3,273,291
$563,957
$0
$0
$4,433,291
$1,620,659
$3,352,632
$0 $4,433,291 $1,620,659 $3,352,632
$0 $540,000 $3,352,632 $0
PROGRAM DESCRIPTION
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SIDEWALK & CURB CONSTRUCTION
ACCOUNT # 4290-410
PURPOSE OF THIS FUND:
This program is a means of encouraging the replacement of deteriorating sidewalks in order to maintain a
safe pedestrian network.
GOALS OF THIS DEPARTMENT:
1. Provide the means for residents to participate in a cost sharing program for sidewalk improvements.
2. Provide the City and its residents access to competitive bids for sidewalk replacement.
INTENDED OUTCOMES FROM BUDGET EXPENDITURES:
The FY 19 budget represents a plan to continue the 50/50 curb and sidewalk program to encourage the
replacement of deteriorating curbing and sidewalks to create a more aesthetically pleasing and functional
pedestrian community.
SIDEWALK & CURB CONSTRUCTION
FUND: 4290-410-430234-937
PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash:
REVENUES
381004 Proceeds S & C Warrants
Total Revenue
Total Available
937 Sidewalk Construction Costs
ENDING CASH
10100 Cash:
ACTUAL
BUDGET
ACTUAL
BUDGET
FY16/17
FY17/18
FY17/18
FY18/19
$0 $0 $o $o
$6,310
$25,000
$4,288
$25,000
$6,310
$25,000
$4,288
$25,000
$6,310
$25,000
$4,288
$25,000
$6,310 $25,000 $4,288 $25,000
$0 $o $0 $0
3