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PURPOSE:
<br />CAPITAL FUNDS
<br />The Police Administration and Holding Facility Lease Revenue Bonds, Series 1994A were issued in March 1994 for
<br />$107,399,438.50 at a 5.80% yield. In February 2004, the City issued a Lease Revenue Refunding Bonds Series 2004A to defease
<br />a portion of the $107,399,438.50 in the aggregate principal amount of $38,830,000 at an average yield of 3.0455 %. The
<br />refunding gave the City a net present value savings of $ 3,282,010. This program shows the debt service payment schedule to
<br />defease the balance of the 1994 Lease Revenue Bonds and the Refunding Lease Revenue Bonds Series 2004A.
<br />EXPENDITURES
<br />40019020 POLICE BUILDING DEBT SERVICE
<br />62300 Other Contractual Services
<br />67300 Bond Principal
<br />67310 Bond Interest
<br />TOTAL POLICE BUILDING DEBT SERVICE FUND
<br />ACTUAL ACTUAL
<br />FY 15-16 FY 16-17
<br />6,528
<br />2,672,500
<br />1,939,688
<br />4,618,716 0
<br />7-21
<br />ESTIMATED
<br />FY 17-18
<br />0
<br />0
<br />4,622,660
<br />4,622,b60
<br />PROPOSED
<br />FY 18-19
<br />4,622,660
<br />4,622,660
<br />ESTIMATED
<br />ACTUAL ACTUAL
<br />FY 17-18
<br />FY 15-16 FY 16-17
<br />REVENUES
<br />10,000
<br />40019002 POLICE BUILDING DEBT SERVICE
<br />3,017,500
<br />58000 Earnings on Invesonents
<br />23,781
<br />58005 Investment Income -Trustee
<br />4
<br />59000-11 Transfer From General Fund 11
<br />4,612,190
<br />TOTAL POLICE BUILDING DEBT SERVICE FUND
<br />4,635,975 0
<br />EXPENDITURES
<br />40019020 POLICE BUILDING DEBT SERVICE
<br />62300 Other Contractual Services
<br />67300 Bond Principal
<br />67310 Bond Interest
<br />TOTAL POLICE BUILDING DEBT SERVICE FUND
<br />ACTUAL ACTUAL
<br />FY 15-16 FY 16-17
<br />6,528
<br />2,672,500
<br />1,939,688
<br />4,618,716 0
<br />7-21
<br />ESTIMATED
<br />FY 17-18
<br />0
<br />0
<br />4,622,660
<br />4,622,b60
<br />PROPOSED
<br />FY 18-19
<br />4,622,660
<br />4,622,660
<br />ESTIMATED
<br />PROPOSED
<br />FY 17-18
<br />FY 18-19
<br />10,000
<br />10,000
<br />3,017,500
<br />3,017,500
<br />1,595,160
<br />1,595,160
<br />4,622,660
<br />4,622,660
<br />
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