AMARILLOECONOMICDEVELOPMENTCORPORATION

MANAGERIALREPORT

FortheSevenMonthsEndedApril30,2016

AMARILLOECONOMICDEVELOPMENTCORPORATION

PRINCIPALOFFICIALS
April30,2016

BOARDOFDIRECTORS:
Mr.BrianBruckner

Chair

Mr.TomBivins

ViceChair/Secretary

Ms.GingerNelson

Director

Mr.BrianHeinrich

Director

Mr.CraigGualtiere

Director

BOARDAPPOINTMENTS:
Ms.MichelleBonner,AssistantCityManager,CityofAmarillo

Treasurer

Mr.RichardR."Buzz"David,CEcD

President

Mr.BrianR.Jennings,CEcD,EDFP

Sr.VicePresident,BusinessDevelopment

STAFFMEMBERS:

Mr.DougNelson,EDFP

Sr.VicePresident,FinancialServices

Mr.StevePritchett,CEcD

VicePresident,BusinessDevelopment

Ms.ReaganHales

Director,Marketing&Communications

Mr.AndyArias
Ms.ChrisLyles,CAPOMTA

LoanOfficer,FinancialServices
OfficeAdministrator

AMARILLOECONOMICDEVELOPMENTCORPORATION
UNADJUSTEDBALANCESHEET
April30,2016

ASSETS
CurrentAssets:
Cash......
Investments...
Revenueaccruals..
EDCloanscurrentmaturity....
Othercurrentassets.....
Duefromothergovernments........
DuefromAEDCprojects...
TotalCurrentAssets
RestrictedAssets:
Cashdebtservice....
TotalRestrictedAssets
Property,PlantandEquipment:
Land.......
Buildingsandimprovements...
Equipmentandvehicles....
Accumulateddepreciation........
Constructioninprogress.....
TotalProperty,PlantandEquipment

UNAUDITED

UNAUDITED

UNAUDITED

UNAUDITED

OPERATING
FUND

PROJECT
FUND

TOTAL

9/30/2015
TOTAL

1,786,441.90
2,000,000.00
0.00
0.00
8,633.26
148,271.57
0.00

7,299,614.74
10,979,160.00
0.00
4,236,462.79
0.00
1,334,444.17
0.00

$9,086,056.64
12,979,160.00
0.00
4,236,462.79
8,633.26
1,482,715.74
0.00

$7,327,164
10,500,000
188,873
6,328,459
25,440
1,482,716
84,104

3,943,346.73

23,849,681.70

27,793,028.43

25,936,756

0.00

6,954,632.69

6,954,632.69

4,044,657

0.00

6,954,632.69

6,954,632.69 4,044,657

0.00

4,678,811.79

4,678,811.79

4,369,041

0.00
124,791.90
(73,631.48)
0.00

21,145,173.13
0.00
(8,402,932.74)
130,282.26

21,145,173.13
124,791.90
(8,476,564.22)
130,282.26

21,145,173
124,792
(8,022,996)

51,160.42

17,551,334.44

17,602,494.86

17,616,010

OtherAssets:
Economicdevelopmentloansnetof
allowanceforcredits,uncollectable
andcurrentmaturities....
AssetsheldforResale....
AccruedInterestReceivable.......
Bondinsurancepremiums,net

0.00
0.00
0.00
0.00

81,569,674.86
315,631.54
0.00
164,219.05

81,569,674.86
315,631.54
0.00
164,219.05

83,665,687
315,632
370,626
175,162

TotalOtherAssets...

0.00

82,049,525.45

82,049,525.45

84,527,107

$3,994,507.15

$130,405,174.28

$134,399,681.43

$132,124,529

0.00
$0.00

277,988.54
$277,988.54

277,988.54
$277,988.54

343,424
$343,424

TOTALASSETS
DEFERREDOUTFLOWSOFRESOURCES
Deferredchargeonrefunding
TOTALDEFERREDOUTFLOWSOFRESOURCES
Restrictedformanagementonly,notesarenotpresented

Page1
(Continued)

AMARILLOECONOMICDEVELOPMENTCORPORATION
UNADJUSTEDBALANCESHEET
April30,2016

UNAUDITED

UNAUDITED

UNAUDITED

UNAUDITED

OPERATING
FUND

PROJECT
FUND

TOTAL

9/30/2015
TOTAL

LIABILITIESANDFUNDEQUITY
CurrentLiabilities:
Accountspayable...
Voucherspayable....
Prepaidmaintenance...
Accruedexpenses.....
Duetogeneralfund.....
DuetoAEDCOperating....
Revenuebondscurrentmaturities.....

$135.02
0.00
0.00
62,580.05
509,258.04
0.00
0.00

0.00
0.00
106,313.88
24.77
744,225.23
0.00
4,450,000.00

$135.02
0.00
106,313.88
62,604.82
1,253,483.27
0.00
4,450,000.00

$85,105
527,034
106,314
33,797
11,904
84,104
4,450,000

TotalCurrentLiabilities

571,973.11

5,300,563.88

5,872,536.99

5,298,258

0.00

780,843.05

780,843.05

467,985

0.00

780,843.05

780,843.05

467,985

LiabilitiesPayablefromRestrictedFunds:
Accruedinterest.
TotalLiabilitiesPayablefrom
RestrictedFunds.
OtherLiabilities:
Revenuebondslesscurrentmaturitiesandunamortized
bonddiscount
Retainagepayable..
Provisionforaccruedsick&
annualleavebenefits....

0.00
0.00

56,510,000.00
8,272.73

56,510,000.00
8,272.73

56,510,000

211,740.75

0.00

211,740.75

211,741

TotalOtherLiabilities....

211,740.75

56,518,272.73

56,730,013.48

56,721,741

TotalLiabilities.....

783,713.86

62,599,679.66

63,383,393.52

62,487,984

FUNDEQUITY
RetainedEarnings:
Reservedforrevenuebond
debtservice/retirement...
Investmentinfixedassets...
Unreserved..

0.00
51,160.42
3,159,632.87

3,576,672.00
17,551,334.44
46,955,476.72

3,576,672.00 3,576,672
17,602,494.86 10,900,984
50,115,109.59 55,502,312

TotalFundEquity...

3,210,793.29

68,083,483.16

71,294,276.45 $69,979,968

$3,994,507.15

$130,683,162.82

$134,677,669.97 $132,467,953

TOTALLIABILITIESANDFUNDEQUITY......

Restrictedformanagementonly,notesarenotpresented

Page2
(Continued)

AMARILLOECONOMICDEVELOPMENTCORPORATION
INCOMESTATEMENT
FortheSevenMonthsEndedApril30,2016
UNAUDITED
OPERATING
FUND

PROJECT
FUND

TOTAL

OPERATINGREVENUES:
Salestaxes...
Rentals....
OtherParticipation
Loaninterest,discountamortization...

1,074,955.44
1,800.00
0.00
0.00

9,674,599.05
389,319.70
6,634.20
2,482,572.60

10,749,554.49
391,119.70
6,634.20
2,482,572.60

Totaloperatingrevenues....

1,076,755.44

12,553,125.55

13,629,880.99

2,765,185.35
0.00
0.00
247,225.54
37,161.22
5,766,213.14
447,881.81
30,695.00

2,765,185.35
592,159.51
4,808.20
695,627.58
106,708.37
5,766,213.14
453,568.47
30,695.00

1,120,603.56

9,294,362.06

10,414,965.62

(43,848.12)

3,258,763.49

3,214,915.37

3,360.63
0.00
0.00
0.00
0.00

(10,956.09)
3,079.54
45,292.50
325,000.00
(2,266,383.77)

(7,595.46)
3,079.54
45,292.50
325,000.00
(2,266,383.77)

3,360.63

(1,903,967.82)

(1,900,607.19)

(40,487.49)

1,354,795.67

1,314,308.18

3,251,280.78

66,728,687.49

69,979,968.27

$3,210,793.29

$68,083,483.16

$71,294,276.45

OPERATINGEXPENSES:
Directgrants...
Salaries,wagesandfringes..
Supplies..
Contractualservices.
Othercharges....
Jobcredits...
Depreciation.....
Amortizationofleaseholdcosts...
Totaloperatingexpenses
Operatingincome(loss)...

0.00
592,159.51
4,808.20
448,402.04
69,547.15
0.00
5,686.66
0.00

NONOPERATINGREVENUES(EXPENSES):
Interestincome..
Unrealizedgains(losses)oninvestments.
Gain(loss)ondispositionofproperty..
Contributedcapital..
Interestexpenseandfiscalcharges....
Netnonoperatingrevenue(expense)...
Netincome(loss).....
FundEquity,Beginning.
FundEquity,Ending..

Restrictedformanagementonly,notesarenotpresented

Page3
(Continued)

AMARILLOECONOMICDEVELOPMENTCORPORATION
STATEMENTOFCASHFLOWS
FortheSevenMonthsEndedApril30,2016
UNAUDITED
OPERATING
FUND

PROJECT
FUND

TOTAL

$0.00
1,800.00
0.00
0.00
176,595.62
0.00
(504,438.00)
(563,351.49)

$1,267,500.00
366,118.38
6,121.26
6,634.20
0.00
(3,404,654.15)
(385,212.63)
0.00

$1,267,500.00
367,918.38
6,121.26
6,634.20
176,595.62
(3,404,654.15)
(889,650.63)
(563,351.49)

(889,393.87)

(2,143,492.94)

(3,032,886.81)

1,074,955.44

9,674,599.05

10,749,554.49

1,074,955.44

9,674,599.05

10,749,554.49

0.00
0.00

65,429.30
(1,877,147.73)

65,429.30
(1,877,147.73)

0.00

(1,811,718.43)

(1,811,718.43)

(1,502,646.32)
3,705.83
1,500,000.00

(10,231,994.69)
(5,145.13)
9,000,000.00

(11,734,641.01)
(1,439.30)
10,500,000.00

1,059.51

(1,237,139.82)

(1,236,080.31)

186,621.08

4,482,247.86

4,668,868.94

1,599,820.82

9,771,999.57

11,371,820.39

$1,786,441.90

$14,254,247.43

$16,040,689.33

Cashflowsfromoperatingactivities:
Collectionsondevelopmentalloans..
Rentalscollected......
Receiptsfromfederalagencies......
OtherParticipation......
Receiptsfromotheragencies......
Directgrantsqualifiedprojects...
Cashpaymentstosuppliers....
Cashpaymentstoemployees.....
Netcashoperatingactivities...
Cashflowsfromnoncapitalfinancingactivities:
Salestaxreceived........
Netcashnoncapitalfinancingactivities..
Cashflowsfromcapitalandrelatedfinancing:
Sale(purchase)ofpropertyandequip.
Bondinterestpaid.....
Netcashprovidedbycapitaland
relatedfinancingactivities
Cashflowsfrominvestingactivities:
Purchaseofinvestmentsecurities.....
Interestreceived......
Proceedsofinvestmentsecurities.....
Netcashfrominvestingactivities.
Netincrease(decrease)incash..
CashOctober1,2015...
CashApril30,2016.....

Restrictedformanagementonly,notesarenotpresented

Page4
(Continued)

AMARILLOECONOMICDEVELOPMENTCORPORATION
STATEMENTOFCASHFLOWS
FortheSevenMonthsEndedApril30,2016

UNAUDITED
OPERATING
FUND

PROJECT
FUND

TOTAL

ReconciliationofNORtoNetCash
UsedbyOperatingActivities:
Operatingincome(loss)...
Salestaxes...
TPRDCContractIncome..
(Inc)Decdevelopmentalloans.....
(Inc)Deccurrentassetsandconstructioninprocess...
(Inc)Decaccruedloaninterestreceivable....
Depreciationandamortization....
Inc(Dec)currentliabilities.....
Inc(Dec)accruedexpenses...
Netcashoperatingactivities..

Restrictedformanagementonly,notesarenotpresented

Page5
(Continued)

($43,848.12)
(1,074,955.44)
176,595.62
0.00
100,911.27
0.00
5,686.66
(82,591.88)
28,808.02

$3,258,763.49
(9,674,599.05)
0.00
4,157,313.22
(128,929.63)
370,626.00
478,576.81
(605,243.78)
0.00

$3,214,915.37
(10,749,554.49)
176,595.62
4,157,313.22
(28,018.36)
370,626.00
484,263.47
(687,835.66)
28,808.02

($889,393.87)

($2,143,492.94)

($3,032,886.81)

AMARILLOECONOMICDEVELOPMENTCORPORATION
BUDGETCOMPARISIONREPORTOPERATINGFUND
FortheSevenMonthsEndedApril30,2016

UNAUDITED
CURRENT
MONTH
REVENUE

YEAR
TODATE
REVENUE

BUDGET

VARIANCE

REVENUE:
Salestax...
TPRDCContract.......
Interestincome.......
Rentalincome..

$136,678.02
0.00
300.10
300.00

$1,074,955.44
0.00
3,360.63
1,800.00

$1,871,397.00
141,200.00
5,300.00
3,600.00

$(796,441.56)
(141,200.00)
(1,939.37)
(1,800.00)

Total.......

$137,278.12

$1,080,116.07

$2,021,497.00

$941,380.93

CURRENT
MONTH
OBLIGATIONS

YEAR
TODATE
OBLIGATIONS

BUDGET

VARIANCE

$80,096.76
20,040.82
519.06
3,038.24
29.15
30,898.40
1,462.35
32.99

$458,266.55
128,627.87
4,776.52
10,925.81
550.50
340,464.86
11,856.02
755.92

4,550.58
1,684.04
766.58
740.78
3,709.26
2,774.41
1,123.27
0.00
41.05
13,548.95
811.36
0.00

31,854.06
5,249.72
11,298.76
5,680.82
35,886.79
19,420.87
9,449.06
0.00
2,394.98
37,457.79
5,686.66
0.00

$165,868.05

$1,120,603.56

EXPENSES:
Salaries&wages...
Employeebenefits...
Office.....
Communication.....
Postage.....
Businessdevelopment................
Dues..
Subscriptions....
Rentallandandbuildings....
Rentalotherequipment...
Travel....
Mileageallowance.
Professionalservices...
Fiscalagentfee
Mealsandlocal.
Officeequipment.
Autoequip.repairandmaint...
Insurance&bonds
Depreciation..
Contingencies.
Total.....

Restrictedformanagementonly,notesarenotpresented

Page6
(Continued)

$719,880.00 $261,613.45
205,792.00
77,164.13
5,240.00
463.48
16,000.00
5,074.19
1,720.00
1,169.50
585,850.00
245,385.14
12,788.00
931.98
1,000.00
244.08
54,600.00
3,000.00
15,996.00
12,379.00
73,800.00
44,000.00
8,796.00
5,000.00
1,000.00
91,144.00
10,740.00
5,000.00
$1,873,725.00

22,745.94
(2,249.72)
4,697.24
6,698.18
37,913.21
24,579.13
(653.06)
5,000.00
(1,394.98)
53,686.21
5,053.34
5,000.00
$753,121.44

AMARILLOECONOMICDEVELOPMENTCORPORATION
CUMULATIVEPROJECTSTATUSREPORT
ThroughApril30,2016
UNAUDITED
ORIGINAL
PROJECT

PRIORYEAR
PAYMENTS

CURRENTYEAR
BUDGET

YEARTODATE
PAYMENTS

RetainedEarningsUnreserved
atApril30,2016
CompanyProjects:
BellHelicopterRunStand
BellHelicopterDeliveryCenter
XcelEnergy/SPSCorporateHQ
FoodSafetyNetServices,Ltd.
Gestamp*
GoldenSpreadElectricCoop2010
GoldenSpreadElectricCoop2013
InternationalPaper
Grants:
AmarilloCollegeMachining
AmarilloCollegeUtilityWorkforce
AmarilloCollegeAllPurposeLab
AmarilloCollegeTechTraining
AmarilloCollegeBHTIBETA
TTUSIMCentralFacility
WTAMUAmarilloCampus
WTAMUAmarilloEnterpriseChallenge(Annual)
WTAMUEnterpriseChallengeAdministration(Annual)
WTAMUEnterpriseCenterExpansion
WTAMUEnterpriseCenterFacilitationSvcs

Totalproject,interestrebateandgrants
OtherProjectFundExpenses:
GTMleaseexpense
ChamberofCommerceMarketing/Recruit(Annual)
PartnersforPostsecondarySuccess
PortstoPlainsAmarilloMembership(Annual)
Legalandprofessionalservices
Repair&MaintenanceofBuildings
Repair&MaintenanceImprovements
Repair&MaintenanceofLand
ProjectUtilities
Operatingexpenses
Officeexpense
Totalotherprojectexpenses
Totalcommitments

FUTURE
COMMITMENTS

$46,955,476.72

3,000,000.00
6,000,000.00
1,500,000.00
170,000.00
5,220,000.00
3,453,332.50
1,329,320.00
98,500.00
20,771,152.50

0.00
0.00
0.00
85,000.00
1,920,000.00
1,300,867.00
265,864.00
13,333.06
3,585,064.06

3,000,000.00
0.00
1,500,000.00
85,000.00
3,300,000.00
341,980.50
132,932.00
15,000.00
8,374,912.50

0.00
0.00
1,057,872.74
85,000.00
15,000.00
341,980.50
132,932.00
18,186.15
1,650,971.39

3,000,000.00
0.00
442,127.26
0.00
3,285,000.00
0.00
0.00
0.00
6,727,127.26

0.00
6,000,000.00
0.00
0.00
0.00
1,810,485.00
930,524.00
70,166.94
8,811,175.94

184,100.00
439,400.00
65,396.65
2,800,000.00
1,000,000.00
500,000.00
1,272,978.00
500,000.00
100,000.00
500,000.00
1,250,000.00
8,611,874.65

164,261.42
293,728.59
0.00
0.00
516,347.09
0.00
848,652.00
0.00
0.00
0.00
500,000.00
2,322,989.10

19,838.58
145,671.41
65,396.65
2,800,000.00
483,652.91
500,000.00
424,326.00
500,000.00
100,000.00
0.00
250,000.00
5,288,885.55

0.00
6,135.14
0.00
0.00
0.00
0.00
0.00
500,000.00
100,000.00
0.00
250,000.00
856,135.14

19,838.58
139,536.27
65,396.65
2,800,000.00
483,652.91
500,000.00
424,326.00
0.00
0.00
0.00
0.00
4,432,750.41

0.00
0.00
0.00
0.00
0.00
0.00
0.00
500,000.00
100,000.00
500,000.00
500,000.00
1,600,000.00

29,383,027.15

5,908,053.16

0.00
50,000.00
500,000.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
300,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

13,663,798.05

0.00
0.00
200,000.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

2,507,106.53

66,874.98
50,000.00
200,000.00
114,213.96
61,646.78
7,497.32
6,860.00
19,970.00
34,508.78
40,232.54
3,500.00

11,159,877.67

0.00
0.00
0.00
786.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00

10,411,175.94

0.00
50,000.00
0.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

665,000.00

300,000.00

315,000.00

605,304.36

786.04

165,000.00

$30,048,027.15

$6,208,053.16

$13,978,798.05

$3,112,410.89

11,160,663.71

$10,576,175.94

RETAINEDEARNINGSAVAILABLE

$35,794,813.01

*YTDpaymentsforprojectsnotedwithanasterikareincludedintheconstructioninprogresslineontheBalanceSheet.AllotherYTDpaymentsarepresentedonthe
incomestatement.
Restrictedformanagementonly,notesarenotpresented
Page7
(Continued)

CURRENTYEAR
BALANCE

AMARILLOECONOMICDEVELOPMENTCORPORATION
NOTESRECEIVABLEANDCAPITALLEASESRECEIVABLE
ThroughApril30,2016
UNAUDITED
LoanBalance
10/1/2015

CurrentYear
LoanAdvances

CurrentYear
Payments

LoanBalance
4/30/2016

CurrentYear
Interest

NoteReceivable:
ALSTOMPower,Inc....
FoodSafetyNet
DiscountonNotes.

11,620,626.00
170,000.00
(2,697,962.85)

0.00
0.00
0.00

1,620,626.00
0.00
(494,168.30)

10,000,000.00
170,000.00
(2,203,794.55)

123,542.30
0.00
0.00

148,905.00
6,114,566.00
6,145,257.00
223,696.00
3,693,953.00
5,490,904.00
5,758,825.00
19,402,885.00
28,016,210.00
5,161,343.44
1,209,789.81

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

17,500.00
286,735.49
0.00
30,695.00
184,008.86
397,419.36
413,019.35
810,812.64
0.00
1,291,985.35
0.00

131,405.00
5,827,830.51
6,145,257.00
193,001.00
3,509,944.14
5,093,484.64
5,345,805.65
18,592,072.36
28,016,210.00
3,869,358.09
1,209,789.81

0.00
343,264.51
0.00
0.00
124,282.76
314,298.57
338,426.70
1,073,696.36
0.00
165,061.40
0.00

(94,226.00)

0.00

0.00

(94,226.00)

CapitalLeasesReceivable:
SCTechnologies..
PacificCheese...
BellHelicopter....
BellHelicopterAdditionalCosts.
BellHelicopterV22AssemblyBldPhaseII.
BellHelicopterHangerExpansionPhaseIII..
BellHelicopterPhaseIV....
BellHelicopterPhaseVI...
BellHelicopterPhaseVII.....
CocaCola
Gestamp
AccrualsonLeases...
Amortizationofleaseholdcosts...

(30,695.00)
$90,364,771.40

$0.00

LESS:AllowanceforBadDebt

85,806,137.65
0.00

NoteandCapitalLeasesReceivableNetofAllowance

$85,806,137.65

Restrictedformanagementonly,notesarenotpresented

Page8
(Continued)

$4,558,633.75

$2,482,572.60

AMARILLOECONOMICDEVELOPMENTCORPORATION
SCHEDULEOFPROPERTY,PLANTANDEQUIPMENT
April30,2016
UNAUDITED
DESCRIPTION
OPERATINGFUND:
OfficeEquipment
Vehicles
TotalOperatingFund
PROJECTFUND:
LAND:
AirportProperties
BellHelicopterProperties
CommerceProperties
CenterportProperties
NationwideProperties
ProjectEastProperties(1227S.MastersonRd.)
TotalLand
BUILDINGS:
BellHelicopterBuildings
CenterportBuildings
CommerceBuildings
TotalBuildings
IMPROVEMENTS
BellHelicopterImprovements
CenterPortImprovements
GTMImprovements
TotalImprovements
CONSTRUCTIONINPROGRESS:
CenterPortWaterMainBenchmarktoFolsom
GestampRail
TotalConstructioninProgress.
TotalProjectFund....
Totalproperty,plant&equipment
ASSETSHELDFORRESALE(classifiedasOtherAssets)
NationwideBuilding
Totalassetsheldforresale

COST

ACCUMULATED
DEPRECIATION

BOOK
VALUE

$96,902.33
27,889.57
124,791.90

$57,815.93
15,815.55
73,631.48

$39,086.40
12,074.02
51,160.42

$1,337,792.29
904,296.80
458,994.38
691,697.69
477,364.00
808,666.63
4,678,811.79

$0.00
0.00
0.00
0.00
0.00
0.00
0.00

$1,337,792.29
904,296.80
458,994.38
691,697.69
477,364.00
808,666.63
4,678,811.79

2,077,542.67
3,998,183.42
2,459,622.75
8,535,348.84

1,002,751.65
199,696.17
143,515.43
1,345,963.25

1,074,791.02
3,798,487.25
2,316,107.32
7,189,385.59

6,804,465.69
4,856,087.64
949,270.96
12,609,824.29

5,629,455.59
728,392.33
699,121.57
7,056,969.49

1,175,010.10
4,127,695.31
250,149.39
5,552,854.80

98,782.26
31,500.00
130,282.26
25,954,267.18
$26,079,059.08

0.00
0.00
0.00
8,402,932.74
$8,476,564.22

98,782.26
31,500.00
130,282.26
17,551,334.44
$17,602,494.86

315,631.54
$315,631.54

0.00
0.00

315,631.54
$315,631.54

Restrictedformanagementonly,notesarenotpresented

Page9
(Continued)

AMARILLOECONOMICDEVELOPMENTCORPORATION
PROJECTFUNDCASHAVAILABILITYREPORT
ThroughApril30,2016
UNAUDITED
ORIGINAL
PROJECT

PRIORYEAR
PAYMENTS

CURRENTYEAR
BUDGET

YEARTODATE
PAYMENTS

CashAvailable(IncludingInvestments)
atApril30,2016
CompanyProjects:
BellHelicopterRunStand
BellHelicopterDeliveryCenter
XcelEnergy/SPSCorporateHQ
FoodSafetyNetServices,Ltd.
Gestamp
GoldenSpreadElectricCoop2010
GoldenSpreadElectricCoop2013
InternationalPaper
Grants:
AmarilloCollegeMachining
AmarilloCollegeUtilityWorkforce
AmarilloCollegeAllPurposeLab
AmarilloCollegeTechTraining
AmarilloCollegeBHTIBETA
TTUSIMCentralFacility
WTAMUAmarilloCampus
WTAMUAmarilloEnterpriseChallenge(Annual)
WTAMUEnterpriseChallengeAdministration(Annual)
WTAMUEnterpriseCenterExpansion
WTAMUEnterpriseCenterFacilitationSvcs

CURRENTYEAR
BALANCE

FUTURE
COMMITMENTS

12,978,210.86

3,000,000.00
6,000,000.00
1,500,000.00
170,000.00
5,220,000.00
3,453,332.50
1,329,320.00
98,500.00

0.00
0.00
0.00
85,000.00
1,920,000.00
1,300,867.00
265,864.00
13,333.06

3,000,000.00
0.00
1,500,000.00
85,000.00
3,300,000.00
341,980.50
132,932.00
15,000.00

0.00
0.00
1,057,872.74
85,000.00
15,000.00
341,980.50
132,932.00
18,186.15

3,000,000.00
0.00
442,127.26
0.00
3,285,000.00
0.00
0.00
0.00

0.00
6,000,000.00
0.00
0.00
0.00
1,810,485.00
930,524.00
70,166.94

184,100.00
439,400.00
65,396.65
2,800,000.00
1,000,000.00
500,000.00
1,272,978.00
500,000.00
100,000.00
500,000.00
1,250,000.00

164,261.42
293,728.59
0.00
0.00
516,347.09
0.00
848,652.00
0.00
0.00
0.00
500,000.00

19,838.58
145,671.41
65,396.65
2,800,000.00
483,652.91
500,000.00
424,326.00
500,000.00
100,000.00
0.00
250,000.00

0.00
6,135.14
0.00
0.00
0.00
0.00
0.00
500,000.00
100,000.00
0.00
250,000.00

19,838.58
139,536.27
65,396.65
2,800,000.00
483,652.91
500,000.00
424,326.00
0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
500,000.00
100,000.00
500,000.00
500,000.00

29,383,027.15

5,908,053.16

13,663,798.05

2,507,106.53

11,159,877.67

10,411,175.94

OtherProjectFundExpenses:
GTMleaseexpense
ChamberofCommerceMarketing/Recruit(Annual)
PartnersforPostsecondarySuccess
PortstoPlainsAmarilloMembership(Annual)
Legalandprofessionalservices
Repair&MaintenanceofBuildings
Repair&MaintenanceImprovements
Repair&MaintenanceofLand
ProjectUtilities
Operatingexpenses
Officeexpense

0.00
50,000.00
500,000.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
300,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
200,000.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

66,874.98
50,000.00
200,000.00
114,213.96
61,646.78
7,497.32
6,860.00
19,970.00
34,508.78
40,232.54
3,500.00

0.00
0.00
0.00
786.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
50,000.00
0.00
115,000.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

Totalotherprojectexpenses

665,000.00

300,000.00

315,000.00

605,304.36

786.04

165,000.00

$30,048,027.15

$6,208,053.16

$13,978,798.05

$3,112,410.89

11,160,663.71

$10,576,175.94

Totalproject,interestrebateandgrants

Totalcommitments
CASHAVAILABLE

$1,817,547.15

*YTDpaymentsforprojectsnotedwithanasteriskareincludedintheconstructioninprogresslineontheBalanceSheet.AllotherYTDpaymentsarepresentedonthe
incomestatement.
Restrictedformanagementonly,notesarenotpresented
Page10