Atlanta Beltline Budget Briefing FY21 Budget
// Atlanta BeltLine Budget Briefing FY21 Budget Fiscal Year 2021 // May 13, 2020 5/11/2020 Atlanta BeltLine // © 2020 Page 1 // Agenda • Atlanta BeltLine Budget Structure • Budget Overview . TAD Forecast / Cash Projection . FY21 Budget: Revenue / Expense - Summary . FY21 Budget: Revenue / Expense - Detail • Project Summary . Parks & Trails: Planning, Design & Construction . Transit & Transportation: Planning, Design & Construction • Q & A 5/11/2020 Atlanta BeltLine // © 2020 Page 2 // BeltLine TAD / ABI Budget Structure Revenue Budget Expense DEBT SERVICE BL TAD / BONDS PILOT FEES CAPITAL ABP / COA PROJECTS / ABI PROGRAMS FTA / FHWA GDOT / EPA G & A IA / TSPLOST 5/11/2020 Atlanta BeltLine // © 2020 Page 3 // ABI Budget Overview Fiscal Year 2021 // May 13, 2020 5/11/2020 Atlanta BeltLine // © 2020 Page 4 // Atlanta BeltLine TAD Trend 5/11/2020 Atlanta BeltLine // © 2020 Page 5 //ABI / TAD Budget: FY21 Cash Projection Atlanta BeltLine TAD FY 21 Budget FY 20 Budget FY21 Increment Available for Redevelopment Projected Ending Cash Available at 6/30 $ 30,000,000 $ 18,000,000 - - - - - - - - - - - - Beginning Cash Available at 7/1 $ 30,000,000 $ 18,000,000 Sources Tax Increment Forecast $ 53,349,524 $ 46,632,035 Total Cash Available for FY21 $ 83,349,524 $ 64,632,035 5/11/2020 Atlanta BeltLine // © 2020 Page 6 //ABI / TAD Budget: FY21 Cash Projection Uses FY 21 Budget FY 20 Budget Debt Service on Atlanta BeltLine TAD Bonds (16,687,152) (16,688,198) Debt Service on Bank Loan (Principal) (2,947,712) (2,767,805) Interest Payment on Bank Loan (314,768)
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