Laserfiche WebLink
<br />~ <br />.-A~_HILLS <br /> <br />. 2007 PROPOSED BUDGET - SUMMARY BY DEPT. <br /> <br />Department Name: TCAAP Fund <br />2006 Bud2et: $279,823 2007 Proposed Bud2et: $441,500 <br /> <br />Departmental Overview/Summarv: <br />This Special Revenue fund was established to account for revenue and expenditure <br />activity related to the City's comprehensive re-usc planning at the Twin Cities Army <br />Ammunition Plant (TCAAP) site. Revenues for this fund arc primarily developer escrow <br />reimbursements and investment interest. <br /> <br /> <br />Financial Overview - 2007 <br /> <br /> <br />,.----.... .--- -- ...-.----.. ....--....-.-. --."-". <br />; <br />i _ TeAAP <br />Operating Personnel <br />'. Transfers, $0,--\ ///'" Services, $0, 0% <br />0% / <br />Capital Outlay '__ \// _ 0 <br />$0. 0% -------- -- ------- - ./ - ----- -- - - Supplies, $0, 0 Yo <br /> <br />. . Other <br />I Sew/Charges, Corrmunication, <br />I $500 0% $1,000, 0% <br />I ' <br /> <br /> <br />I UlmtO" $0, 0% De'::'::OI, I <br />I <br />$5,000, 1 % <br /> <br />MainUMaterials, <br />$0,0% <br />Contractural <br />I - Services, <br />L $435,000, 99% <br /> <br /> <br /> <br />_"______. _..___..._. .__".. ..._________n .______.___....._ <br /> <br /> <br /> <br /> <br />Significant Changes from Prior Year: <br />The increase in the 2007 budget is due to anticipated increase in developer reimbursable <br />expenses. It is expected that the developer will reimburse the City for all expenses <br />incurred related to the Twin Cities Army Ammunition Plant purchase and redevelopment. <br />Staff salaries that had previously been allocated to the TCAAP fund have been moved <br />. back to their respective primary funding accounts. <br />