OLD

Source Amount Substantiatio

State Funding $15,500,000
Cash-On-Hand $0
Private Contributions $63,000,000
County Government $0
City Government $6,000,000
Federal Government $22,200,000
Other (future investment $11,650,000 $7,750,000 not substanti
income)
Total Funding Sources $106,700,000
Total Project Budget $117,744,000

NEW
Old Adjustments
Funding
State funding $ 15,500,000 $ -
Cash on hand - -
Private contributions 63,000,000 -
County government - -
City government 6,000,000 -
Federal government 22,200,000 -
Available funding sources 106,700,000 -
Other (future investment income) 1 11,650,000 (11,650,000)
Total funding sources $ 118,350,000 $ (11,650,000)

Project
Construction and soft costs2 $ 62,633,000 $ (30,095,954)
Exhibits 17,660,000 -
Fixtures/furnishings/equipment 2,790,000 -
Pre-opening expenses (other) 32,761,000 -
Project cost approved by Commission 115,844,000 (30,095,954)
2004/2005 Operating deficit (other) 1,900,000 -
Total project budget $ 117,744,000 $ (30,095,954)

1
Due to the bond settlement transaction, the future investment income projection was never realized
2
The original estimated construction cost was adjusted to reflect the value of the building used in the audite
on

ated

New

$ 15,500,000
-
63,000,000
-
6,000,000
22,200,000
106,700,000
-
$ 106,700,000

$ 32,537,046
17,660,000
2,790,000
32,761,000
85,748,046
1,900,000
$ 87,648,046

ed financial staements