8.1. EDSR 09-09-1996 ITEM 8.1.
STATEMENT OF FINANCIAL ACTIVITY
FOR THE EDA,MICRO AND DTED LOAN FUNDS
FOR THE PERIOD JULY 31,1996
•
ECONOMIC DEVELOPMENT AUTHORITY
1996 Month to Year to
Budget Date Date
Cash Balance $ 129,925
Revenues
Property Tax 73,840 42,495 44,196
HACA 12,060 5,738 5,738
Refunds&Reimb. - - 1,054
Interest Income - 233 1,695
Total Revenues 85,900 48,466 52,683
Expenditures
Personal Services 42,850 37 111
Supplies 800 357. 661
Other Services&Charges 45,350 14,859 39,269
Capital Outlay - 2,316 2,316
Transfers 1,000 - -
Total Expenditures 90,000 17,569 42,357
• MICRO LOAN FUND DTED LOAN FUND
Month to Year to to Year to
Date Date Date Date
Cash Balance $ 175,962 $67,647
Revenues
Application Fees 500 500 - -
Interest Income 1,757 223 _ - -
.. Loan Payments 10,325 87,610 - 2,591 18,137
Total Revenues 12,582 88,333 2,591 18,137
Expenditures
Loans - 37,500 - -
Legal Services - 715 - -
Total Expenditures - 38,215 - -
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Status of Micro Loans as of July 31:
Business Current Business Current
Alltool Grant Y Pomeroy Tool Y
Roma Tool Grant Y Designing Women Y
Second Generation Y Tescom Y
Indy Lube Y Larose Y
Beaudry Y Water Laboratories Y
R&D Sales Y E R Automall Y
• Mork Clinic Y T J Properties Y •
Americlnn Paid in full Galli-Vaulth Hearth Y
Carpe Kairos LLC Y Internet 5 Y
STATEMENT OF FINANCIAL ACTIVITY
FOR THE EDA,MICRO AND DTED LOAN FUNDS
• FOR THE PERIOD AUGUST 31,1996
ECONOMIC DEVELOPMENT AUTHORITY
1996 Month to Year to
Budget Date Date
Cash Balance $ 100,318
Revenues
Property Tax 73,840 - 44,196
HACA 12,060 - 5,738
Refunds&Reimb. - - 1,054
Interest Income - 319 2,014
Total Revenues 85,900 319 53,002
Expenditures
Personal Services 42,850 27,282 27,393
Supplies 800 83 744
Other Services&Charges 45,350 2,561 41,830
Capital Outlay - - 2,316
Transfers 1,000 - -
Total Expenditures 90,000 29,926 72,283
' 1110 MICRO LOAN FUND DTED LOAN FUND
Month to Year to Month to Year to
Date Date Date Date
Cash Balance $ 184,668 $72,829
Revenues
Application Fees - 500 - -
Interest Income 231 455 -
Loan Payments 8,474 96,084 5,182 23,319
Total Revenues 8,705 97,039 5,182 23,319
Expenditures
Loans - 37,500 - -
Legal Services - 715 - -
Total Expenditures - 38,215 - -
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Status of Micro Loans as of August 31:
Business Current Business Current
Alltool Grant Y Pomeroy Tool Y
Roma Tool Grant Y Designing Women Y
Second Generation Y Tescom Y
Indy Lube Y Larose Y
Beaudry Y Water Laboratories Y
• R&D Sales Y E R Automall Y
Mork Clinic Y T J Properties Y
Americlnn Paid in full Galli-Vaulth Hearth Y
Carpe Kairos LLC Y Internet 5 Y