Laserfiche WebLink
Other Expenses <br />Please list these expenses: <br />Total Annual Operating Expenses for the Housing Project (12) $ <br />(Add lines 5, 6, 7, 8, 9, 10, and 11) <br />Net Operating Income (Subtract Line 12 from Line 4) (13) $ <br />Do not include expense unrelated to the operation ofthe Rental Portion of the <br />Project, such as depreciation, amortization, accrued principal and interest <br />expense on deferred payment debt, or capital expenditures. <br />Additional Cash Flow Payments <br />Obligated Fust Mortgage Debt Service Payments (as approved by the Agency and (14) $ <br />other parties that may have such approval rights) and Obligated Secondary <br />Subordinate Debt Service Payments (as approved by the Agency and other parties <br />that may have such approval rights) <br />Scheduled Deposits to Reserves (as approved by the Agency) (1 S) $ <br />Additional Payment Obligations (such as partnership .management fees, deferred (16) $ <br />developer fees, or repayments on loans to partners, as approved by the Agency to <br />have priority over Residual Receipt Payment to the Agency) <br />Total Additional Cash Flow Payments (Add lines 14, 15, and 16) (17) $ <br />Residual Receipts for Year Ending (18) $ <br />(Subtract Line 17 from Line 13) <br />Percentage of Residual Receipts to be Paid to the Agency (as shown in the (19) % <br />Promissory Note by and between the Agency and Borrower dated <br />Amount Payable to the Agency (Multiply Line 18 by Line 19) (20) <br />The arnount payable to the Agency listed on Line 20 is subject to payment according to the terms of the <br />Promissory Note by and between the Agency and Borrower dated . If Line 20 is <br />$0.00 or negative, you owe nothing to the Agency this year. If Line 20 is a positive number, remit check <br />payable to and attach to this report. <br />