HomeMy Public PortalAboutCPC FY 21 Budget Community Preservation Committee: FY21 Forecast as of 11/20/202020
1,877,863.30$
1,058,000.00$
368,430.00$ 1,426,430.00$
3,304,293.30
50%10%10%
Open Space Housing Historical
$ 792,316.57 $ 34,932.41 $ 332,819.89 $ 717,794.43
$ 713,215.00 $ 142,643.00 $ 142,643.00 $ 427,929.00
$ 1,505,531.57 $ 177,575.41 $ 475,462.89 $ 1,145,723.43
Open Space Housing Historical "30%"
$ (61,200.00)
$ (55,080.00)
$ (105,120.00)
$ (50,295.00)
$ (5,204.00)
(71,321.50)$
$ (49,500.00)
$ (15,000.00)
(425,000.00)$
(25,000.00)$
$ (325,500.00)
$ (400,000.00)
Total YTD Obligations - FY21 $ (1,002,399.00) $ (64,500.00) $ - $ (521,321.50)
$ 503,132.57 $ 113,075.41 $ 475,462.89 $ 624,401.93
Total net available from all accounts 1,716,072.80$
$ 377,663.00
$ 193,063.00
FY-21 obligations as of 07/01/2020
FY-20 Estimated total balance forwarded [1]:
FY-21 Estimated local tax revenue:
FY-21 Estimated State contribution [2]:
Total FY-21 Estimated funds available:
Budgedted Reserved
for CPA
FY-20 Actual Unreserved Fund Balance
FY-21 Estimated revenue
FY-21 Estimated Funds available
Brewster Whitecaps Field Improvements
Jolly Whaler Bond (5)
BBJ Property Bond #1
BBJ Property Bond #2
Bates Property Bond
Besse Cartway (Long Pond) Short Term Borrowing Interest
(4)
Administration Expense [3]
Part Time Housing Coordinator
Community Development Partnership - Housing Institute
{5} Final payment on this bond
Pleasant Bay Dock Improvements
McGuerty Road Land Purchase
Additional Principal Paydown - Besse Cartway S/T Borrowing
FY21 Estimated Unreserved Fund Balance as of 11/20/202020
with Adjustments
Grant Funds for Received July 2020 - Reimbursement for
Windrift Acres
[1] Balance forwarded estimated from prior year includes all unallocated funds, including unspent amounts from projects and budgeted administrative and professional expenses.
(2) State Match revenue is finalized at 35.2% per notification on 11/20/2020.
[3] Administrative expenses are limited by law to 5% of the total CPC budget and include primarily payroll costs, legal and other professional expenses, the annual $3,500 state CPA
Coalition dues.
{4} Original bond amount of 1,594,900 to be paid down by 899,210 in April. Rem. Balanceis 695,690 @ .75% interest rate
Grant Funds for Approved by State November 2020 -
Reimbursement for McGuerty Road BONDS