Skip to Main Content
This link open a new window

Fiscal Impact

A fiscal note shows the financial impact of a given legislative action.
Loan for aquifer thermal energy storage (ATES) system in the Towerside Innovation District - Fiscal Note

No
Community Planning & Economic Development
00100 8900320
No
The City would convert $2,000,000 from it Common Bond Fund Reserve Trust Account into a CPED subordinate loan for the aquifer thermal energy storage (ATES) system in the Towerside area.
BUDGET IMPACT
List of revenues and expenditures related to this request
Request Financing 2021 2022 2023 2024 2025
Revenue Sources
Common Bond Fund Reserve Trust Account $2,000,000
Total Revenues $2,000,000 $0 $0 $0 $0
Expenditures
CPED Loan $2,000,000
Total Expenditures $2,000,000 $0 $0 $0 $0
Net Budgetary Impact (Revenue-Exp.) $0 $0 $0 $0 $0
Not Applicable
Not Applicable