EDSR INFORMATION 10-14-1996 * +►6 STATEMENT OF FINANCIAL ACTIVITY
'OrFOR THE EDA,MICRO AND DTED LOAN FUNDS
. FOR THE PERIOD SEPTEMBER 30,1996
ECONOMIC DEVELOPMENT AUTHORITY
1996 Month to Year to
Budget Date Date
Cash Balance $ 98,526
Revenues
Property Tax 73,840 - 44,196
HACA 12,060 - 5,738
Refunds&Reimb. - - 1,054
Interest Income - 260 2,274
Total Revenues 85,900 260 53,262
Expenditures
Personal Services 42,850 - 27,393
Supplies 800 263 1,007
Other Services&Charges 45,350 1,789 43,619
Capital Outlay - - 2,316
Transfers 1,000 - -
Total Expenditures 90,000 2,052 74,335
• MICRO LOAN FUND DTED LOAN FUND
Month to Year to Month to Year to
Date Date Date Date
Cash Balance $ 194,895 $72,829
Revenues
Application Fees - 500 - -
Interest Income 1,720 2,175 - -
Loan Payments 8,507 104,591 - 23,319
Total Revenues 10,227 107,266 - 23,319
Expenditures
Loans - 37,500 - -
Legal Services - 715 - -
Total Expenditures - 38,215 - -
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Status of Micro Loans as of September 30:
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
III R&D Sales Y E R Automall Y
Mork Clinic Y T J Properties Y
Carpe Kairos LLC Y Galli-Vaulth Hearth Y
Internet 5 Y