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Depreciation Expense:
5th & Walnut Garage ($16,000,000140 years) ·112 year in 2011 200,000 400,000 400,000 400,000 400,000
Short Street Garage (($8,000,000140 years)· beginning 2013 0 0 200,000 200,000 200,000
Investment Revenue:
Ending Cash Balance from Previous Year" 3% 381,260 144,132 149,789 149,789 150,616
Debt for Short Street Garage ($9,115,000 for 25 Year, $9,175,000 for 20 Year)
The following must be input as 9115000 for 25 year or 9175000 for 20 Year Issue:
$9,175,000
Principal 0 165,000 330,000 335,000 345,000
Interest 0 216,081 428,863 422,262 413,888
.. This is the revenue bond construction account ($3,223,191) and cash for eapital projects ($4,674,422) less
construction contracts payable ($2,976,635) at September 30, 2010. Reduced by construction contracts payable
amount as this is already shown as a use of cash on tI1e cash flow statement.
...... For surface sealing or other capital expenditure (allow $50,000 annually)
...... For purposes of this analysis, the amount of the bond issue is shown as the capital project, however,
part of the bond proceeds would actually be for issue costs and reserve accounts. It would not be cash
that could be used for other purposes, so this removes it from total cash on the cash flow statement
The depreciation estimate is shown for the estimated cost of the garage only.
FY 10 Meter Revenue
HTE Account Number HTE Proj. Project/Acct. Description Area Revenue $.50 Meters $.30 Meters Average
Actual
2009
.""',
2010
Projected
2011
Projected
2012
Projected
2013
Projected
2014
Projected
2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Operating income (loss) S 726,708 S 76J.956 S 508,9S8 S 1,056,634 S 1,042,120 S 1,063.120 S 1,063,120
Adlustments to reconcJle operating income (loss) to
net cash provlded by operating activities;
Depreciation 279,179 278,649 478,649 678,649 878,649 878,649 878,649
Changes In assets and lIabJllties:
DecreaseI(increase) in accounts receivable 35,047 (65,6B2)
DecreaseJ(lncrease) in due lrom other funds
Decreasel(lncrease) In advances 10 other funds
Decreasel(increase) In loans receivable tram other funds
IncreaseI(decrease)In accounts payable (88,463} (32,370)
Increaset(decrease) in accrued payroll 343 (108)
Deaeasel(lncreasa) In inventory
Deaeasel(lnerease) in other assets (1,500) 1.500
Increasel(decrease) accrued sales tax
lncreasel(decrease) In due to other funds
Increasel(decrease) In other liabilities 4,444 1,912
UnrealIZed gain (lOSS) on cash ecuivalents 324,699 (3n,919)
Other non-operatlng revenue (expense) 11991 407
Net cash provided by (used for) operatin\l activities 1292648 _ _ _ 590,347 98.LJi_OZ_ _ _ _1.,.735,483 1,920,769 1,941,769 1,941,769
Netlncreasel(deaease) In cash and cash &Clulvalents 12,445,450 (8.001,497) (7,904,238) 188,542 3 27,572 21,092
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8264698 20710,148 12708 651 4804413 4992955 4992958 5020530
CASH AND CASH EQUIVALENTS, END OF PERIOD" S 20 710 148 S 12 70S 651 S 4804 413 S 4992955 S 4992 958 S 5020 530 S 5041622
"Total cash and casn equivalents • there are certain restrictions on cash. At September 30, 2010, restricted casn
was $10,103,607. $7,897.613 was restricted lor capital projects and $2,205,994 was restricted for bond payments
and bond reserve accounts.
Fiscal Year Principal Interest Total P&I BABs Subsidy Net P&I
2011 0 0 0
2012 110,000 233,419 343,419
2013 225,000 464,638 689,638
2014 225,000 460,137 685,137
2015 235,000 454,513 689,513
2016 240,000 447,462 687,462
2017 245,000 440,263 685,263
2018 255,000 431,687 686,687
2019 265,000 421,488 686,488
2020 275,000 410,887 685,887
2021 290,000 398,513 688,513
2022 300,000 384,737 684,737
2023 320,000 369,738 689,738
2024 335,000 353,738 688,738
2025 350,000 336,988 686,988
2026 370,000 318,612 688,612
2027 390,000 298,263 688,263
2028 410,000 276,812 686,812
2029 435,000 254,263 689,263
2030 460,000 229,250 689,250
2031 485,000 202,800 687,800
2032 515,000 173,700 688,700
2033 545,000 142,800 687,800
2034 575,000 110,100 685,100
2035 610,000 75,600 685,600
2036 650,000 39,000 689,000
2011 o o o
2012 165,000 216,081 381,081
2013 330,000 428,863 758,863
2014 335,000 422,262 757,262
2015 345,000 413,888 758,888
2016 355,000 403,537 758,537
2017 365,000 392,888 757,888
2018 380,000 380,112 760,112
2019 390,000 364,913 754,913
2020 410,000 349,312 759,312
2021 425,000 330,863 755,863
2022 445,000 310,675 755,675
2023 470,000 288,425 758,425
2024 490,000 264,925 754,925
2025 515,000 240,425 755,425
2026 545,000 213,388 758,388
2027 575,000 183,412 758,412
2028 605,000 151,788 756,788
2029 640,000 118,512 758,512
2030 675,000 81,713 756,713
2031 715,000 42,900 757,900