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HomeMy WebLinkAbout2019-12-10-TOP Committee Financial ReportAdditional Project Funding Expenditures actual or budgeted Project Balance Notes Bond Amount 15,000,000.00$ Interest Accrual 819,988.72$ 15,819,988.72$ BOZEMAN CREEK $490,000.00 $205,000.00 $676,275.14 $18,724.86 Complete BOZEMAN POND PARK $1,295,000.00 $1,288,243.27 $6,756.73 Complete BOZEMAN SPORTS PARK $8,417,000.00 $2,375,886.86 $10,792,886.86 $0.00 Final Invoices Expected Nov. 2019 STORY MILL COMMUNITY PARK $4,500,000.00 $70,250.00 $4,560,250.04 $9,999.96 Complete PATH TO THE M & DRINKING HORSE $675,000.00 $675,000.00 $0.00 See Note 1 FRONT STREET CONNECTOR TRAIL $178,106.00 $178,106.00 $0.00 See Note 2 Amount Allocated 15,555,106.00$ $2,651,136.86 $18,170,761.31 $35,481.55 See Note 3 Unallocated Funds 264,882.72$ Sum of Complete Project Balances 35,481.55$ Total3 300,364.27$ Notes 1. Discussing reimbursement for City portion over 13.42% 2. Additional $144K is estimated; expect to ask TOP committee for $100-114K 3. Must confirm that reallocation of project balances meets requirements TRAILS OPEN SPACE AND PARKS BOND FUND PROJECTS - updated 12/10/19 Project Allocations