09. Debt Service & Capital Project FundsDEBT SERVICE FUNDS
Page Fund
1 various Debt Service Funds $ 1,813,895
CAPITAL PROJECT FUNDS
2 4290 Sidewalk & Curb Construction $ 25,000
PROGRAM OF SERVICES
DEBT SERVICE FUNDS
CASH REVENUE
RATE FUND 7/1/2014 ANTICIPATE
EXP.
PROJECTIO
CASH
6/30/2015
3.83 % 2005 AIRPORT TIF $2,000,000 15 yr
$198,561
$646,000
$630,333
$214,228
4%v 2012 WESTSIDE TIF $ 500,000 25 yr
$978
$32,000
$32,520
$458
4.85% 2007 CITY HALL $1,420,165 12 yr (3/2015 earliest refi)
$321
$156,752
$156,752
$321
1.59% 2012 G. O. BOND $4,145,000 10 yr
$27,297
$502,000
$502,863
$26,434
6.5o% 2007 S&C $15,407
$357
$2,364
$2,157
$564
3.5o% 2008 S&C $ 8,980
$101
$1,300
$1,232
$169
3.5o% 2009 S&C $ 7,629
$80
$1,130
$1,078
$132
3.25% 2010 S&C $ 942
$7
$141
$135
$13
325% 2011 S&C $ 5,792
$36
$955
$865
$126
325% 2012 S&C $ 3,982
$79
$707
$611
$175
325% 2013 S&C $15,466
$0
$2,436
$2,436
$0
S&CTotals
$660
$9,033
$8,514
$1,179
3500 DEBT SERVICE REVOLVING
$42,008
$0
$0
$42,008
5.6o% 2001 SID 343 - Sunnyview KRMC $1,518,500 20 yr
$75,380
$104,587
$104,480
$75,487
527% 2006 SID 344 - Old School Station $4,520,000 20 yr
$o
$250,000
$250,000
$0
SID 344 - 3500 BOND RESERVE
$226,000
$0
$107,308
$118,692
3so% 2013 SID 345 - The "Willows" $ 228,000 15 yr
$o
$21,125
$21,125
$o
SID Totals
$343,388
$375,712
$482,913
$236,187
Total
$571,205
$1,721,497
$1,813,895
$478,807
For a comprehensive list of the City of Kalispell debt, see page 14 of the Exhibits section-
1
SIDEWALK & CURB CONSTRUCTION
ACCOUNT 4 4290-410
PURPOSE OF THIS FUND: Why does this fund exist?
This program is a means of encouraging the replacement of deteriorating sidewalks in order to maintain a safe
pedestrian network.
GOALS OF THIS DEPARTMENT: What are the departmental goals that support the purpose?
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 15 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: 4290410-430234-937
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:
estimated
proposed
ACTUAL
BUDGET
ACTUAL
BUDGET
FY12/13
FY13/14
FY13/14
FY14/15
$0
$0
$0
$0
$3,982
$25,000
$25,000
$25,000
$3,982
$25,000
$25,000
$25,000
$3,982
$25,000
$25,000
$25,000
$3,982
$25,000
$25,000
$25,000
$0
$0
$0
$0