HomeMy WebLinkAbout[05] Accounts Payable & Financial ReportsDATE: January 21, 2009
MEMO TO: St. Joseph Economic Development Authority
FROM: Cynthia Smith-Strack, Municipal Development Group
RE: Accounts Payable -December
December Financial Reports
A. Accounts Payable:
Following are Accounts Payable for the EDA's Consideration.
Payable To For Fund Amount
MDG, Inc. Dec. Econ. Dev. Service 150-46500-300 $ 2,253.19
Total $ 2,253.19
Action:
A MOTION is in order to approve the Accounts Payable.
B. Financial Report:
December financial reports for the EDA are following. The reports consist of:
1. Monthly Report.
2. Balance Sheet.
3. EDA revenue to date.
4. EDA expenditures to date.
Action:
A MOTION is in order to approve the financial reports.
THIS PAGE INTENTIONALLY LEFT BLANK
~P~
MUNICIPAL DEVELOPMENT GROUP, INC.
25562 WILLOW LANE
NEW PRAGUE, MN 56071
952-758-7399
FAX: 952-758-3711
staffComunicipaldevelopmentgroup.com
INVOICE
City of St. Joseph
Attn: Judy Weyrens
City Administrator
PO 668
St. Joseph, MN 56374
Invoice Date 1-10-09 Payment Terms: 30 days Customer ID #: STJ08ED
Project December Economic Development Services
See attached detail
Amount: $1,925.00 Monthly contract fee
328.19 561 miles x .585
$2,253.19
Code to: 150-46500-300 for general EDA
Remit To: Municipal Development Group, Inc.
25562 Willow Lane
New Prague, MN 56071
Dates-EDA
December 3, 2008 EDA Office Hours 8.00 hrs. C. Strack
December 11, 2008 EDA Office Hours, in MDG office 2.50 hrs. C. Strack
December 12, 2008 EDA Office Hours, in MDG office 2.50 hrs. C. Strack
December 17, 2008 EDA Office Hours 6.00 hrs. C. Strack
December 31, 2008 EDA Office Hours 4.00 hrs. C. Strack
Total December, 2008 23.00 hours
Total MDG, Inc. 2008 Hours through December 31, 2008 = 421.75 hours
Thank you! We appreciated the opportunity to work with you!
Check No.
Date:
Principal
St. Joseph Economic Development Authority
Summary Treasurer's Report - fund 15Q
December 2008
Fund 150, EDA Balance as of December 31, 2007 (audited) 29,174.75
Year to Date Revenue:
Interest Earnings 813.87
Transfers from the General Fund 28,000.00
Total Revenue 28,813.87
Year to Date Expenditures:
Board Stipends (1,050.00)
Office Supplies (24.16)
Municipal Development Group (24,262.51)
Mathew Hall Lumber (1,487.50)
Telephone (1,141.05)
Postage (94.52)
Travel and Training (7.26)
Rentals (Postage Machine) (63.03)
St. Cloud EDA Membership Dues (8,000.00)
EDA Programs (50.00)
Total Expenses (36,180.03)
Fund Summaries as of December 31, 2008:
EDA Fund Balance -Fund 150 21,808.59
TIF 1-3 Borgert Products Fund Balance -Fund 155 5,919.01
TIF 1-4 St. Joseph Development Fund Balance -Fund 156 26,593.13
TIF 2-1 Millstream Shops and Lofts Fund Balance -Fund 157 5,747.25
Revolving Loan Fund Balance -Fund 250 52,531.38
a ~
m ~
a
0
N
O
C d O) O O tT O O O O M O O M O l!') O O l0 O 00 O O O O O
d C to 0 0 In O O O O O O X 0 0 ~ O N O O N O M O O M O O
` d OO OO O O)0 001 O M O OM O rOOr O O O O O
~ O to H9 O
o0 0o EA to to ~
m EA O H9 tom to V H-1 fA V b9 M EA b9 M to ti9
U m rn ~ to r r 1n u~
~ ~
N N N N fJ9 to ~ IN
tfi H9 ' to Ef3 ' b9 N3
O"" mtDOm V W Ot0 ~ O V O V O 1l7M O O W tDMON u7
~ 01NOO M tD tt OC0 r (D~O~ O rOOO M OrOO) M O
~ N O O r
O)69M O
V M O O V
t (O N3O W M O M
Ar
~ O
l0 M (O O In
lnr
flr O W tD O O
M V M
f.1
M M M
O [
~ EA ~ O
M f
N
V M M
~ f
l0 to M O
O Otfl~
r ct ~ Q)
N tb
to
Q) ~ N N N M N r~ ~t N ~ N ~~ M V <t
EA to fA FA ~ 6~9 69 Eta .~~- to 69 ~ 69 t+9 N
fA H3
2 w O
a a, o
W N « p ap ~ ~ X 0 0 0 ~ V O O V O O O O O O N O O O to
~ ~ ~ O O O N M c0 O O O r ~ O O r t>D O O O ~ M O O O M M cD
(n ~ ~ d
~ O O r M
V fHOO O
V X 0 0 et
O
A W M O O T O X 0 0 M O W O O ~ ~ M
Q
r
O t
fAO
~ N O
M rtA td3r
M r ~
~ N69~M
~ O CO O
O ~t to tAa
~ ~ O
N O
O
V U O O N Q)
M b9 M N
r M N
N N 10
d V r
t0 r N
V ~ d' N
to to ~
~ _
M
V) 69 V
rfl V
r
d
G } ti9 EH d9 EA Vf EH b9 to t!j N
~ ~
~ ~ O
C
Q m a ~
~ rcocoln o rcoou~
' o rnv oM o oMOM o NMO1n o 0
Q
~
c l0 N O r
o1~v O
o O V O
Q
10000 O
o l0 ~ O r
Mvor O
o N W O O
mcflo~ri O
o ~ r 0 W
coo1~ O
0 O
0
0
d W O O r
m M .- ~ N r (D ti9 M
W fA O) to V N FA Q)
tD M m to r r ll7 O
~ fA O O fA N O fA N
1 fA ff3
U
W
7
m
OWN O)
M b9 N
V v
t
9
9
m~ O
M M
O
v CO
A ~ V
0
Off' O
10
V
to to r
d
to EA _
to fJ
V~ ~
V~ V~
N N N Vl q1
C C
W C C
_ (0 C C
_ f0 C C
_ lD C C
_ l0
O m O m O m O m p m
1J d 'D ~ d~ d d C ~ d C d ~
C
N .L1 7
> f0 LL (0 1] 7
> N LL 19 ~ 7
> f0 ll lfl ~ 7
> W W ~ _
N~ 7
>
tp W
T
an T
a T
a~ T
U
a m ? a
U
d
a N
n N
a d
d
d
~~
~ w ~
~ a
i 2' rn ~
N ~ a Q' N ~?
c n
; 2' m !a
c n
~ 2' d
y~ n
n
>
w
~' ~ a >
m °~ ~ a ~
d o
~ °'
a ,
~ o' o
m °~
n
~ ~ o
m ~'
V m
U C Q Q
U C Q Q v
U C Q Q v
U C Q Q o n
U C Z Q
~
d
~ O O O O
O H O O O O O
010 0 ~ O O O O
O u7 O 0 0 0 O_
O In O O O O O
O N O
V N M
O O O l0 V N M
O
O O ~ V N M
O O O In ~ N M
O O O N ~ m M
0 0 ~ to
C
~ ~ ~ N N
O O O O _
A N N
~~ In to d ~ ~ N N
~ cp (O c0 t0 ~
d A N N
r h r 1~ ~ N
O O 0 0
~ c ~ ~ u~ 1n u~ v~ to 1n a ~ 1n u~ 1n ~
p 1n u~ 1n to
~- ~ ~ ~ 1n 1n u~ 1n
N N N N
Q ~ ~ ~ ~ ~ d _
Z ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ U` ~
~
a E Y Y > ~ 3 c
y C C C C ~ `~ ~ X 0 0 0 0 t9 N LL
0 C
7
O O O O O ~ ~ (n (n UJ In
O ~ M N N N d
~ ~ O ~ M _~
i
N
N N
- J C 7 7
11_ l1 LL LL J
V N N N N
>>>> U
~
m 'C r r r O
m
y d d d d
~ t
p
t9
~ d~ N N
~ 01
c c c c c
N f0 f0 f6 O)
C
O N d d d
C ~ ~ ~ ~ ~ ~ d d d d
D1 O7 01 m M O O O O
~~ O M~ ~ N N
N
N
N N p J J J J
~
O
U U U U U
O
~ O O O O
LL
m m m m ~
LL
LL
(n (n (n (%j
LL _
_
_
LL
~ ~ ~ ~
W
d ~ ~ ~ ~ O
y
W 0 0 0 0 W _
F ch M M M _
F _
H V V V V _
r _
F' ~ ~ ~ ~ F ~ 'j 'j 'j 'j ~
.( ~
Z O C C C C
1fj O
~ ~ '- ~ .- ~
N ~
~ ~ ~ ~ ~ ~
1('1 M
~ n N N N N
1A r
M O O O O O
N O
t1y
7 O O O O
~ U U U U •' ~ LL W W LL ~ ~ L.L LL LL LL ~ ~ LL
LL
LL
W r > > > >
N d d d d N
~w~s
~ LL pW W W W p _
pF-HFF p _
pI-F-HH p _
_
_
QFHHF- p p~~~d' p
`~ Z Z Z Z Z Z Z Z Z Z
LL W LL LL LL ll LL LL LL LL
rl ~ CITY OF ST JOSEPH 01/21/09 8:17 AM
~~rJl ~.'1.~ ' ~ Page 1
EDA Revenue Report
Current Period: December 2008
2008 December 2008
FUND Descr SOURCE SOURCE Descr YTD Budget 2008 Amt YTD Amt
FUND 150 Economic Development
Economic Development 36210 Interest Earnings $3,000.00 $242.97 $813.87
Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $28,000.00
FUND 150 Economic Development $3,000.00 $242.97 $28,813.87
FUND 155 TIF 1-3 Borgert (SKN)
TIF 1-3 Borgert (SKN) 31050 Tax Increment $0.00 $571.04 $11,991.80
TIF 1-3 Borgert (SKN) 36210 Interest Earnings $0.00 $46.48 $209.40
FUND 155 TIF 1-3 Borgert (SKN) $0.00 $617.52 $12,201.20
FUND 156 TIF 1-4 St. Joe Development
TIF 1-4 St. Joe Development 31050 Tax Increment $0.00 $3,106.64 $34,173.03
TIF 1-4 St. Joe Development 36210 Interest Earnings $0.00 $204.11 $1,303.49
FUND 156 TIF 1-4 St. Joe Development $0.00 $3,310.75 $35,476.52
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream 34150 TIF/MIF Deposit $0.00 $0.00
$0.00
TIF 2-1 Millstream 36210 Interest Earnings $0.00 $49.94 $292.22
FUND 157 TIF 2-1 Millstream $0.00 $49.94 $292.22
FUND 250 Revolving Loan Fund
Revolving Loan Fund 36210 Interest Earnings $0.00 $456.53 $2,003.53
FUND 250 Revolving Loan Fund $0.00 $456.53 $2,003.53
$3,000.00 $4,677.71 $78,787.34
i
r
CITY OF ST JOSEPH
EDA Expenditure Report
Current Period: December 2008
2008 December 2008
Account Descr YTD Budget 2008 Amt YTD Amt
FUND 150 Economic Development
E 150-46500-103 Legislative Bodies $1,360.00 $1,050.00 $1,050.00
E 150-46500-151 Workers Comp. Insur. Prem. $150.00 $0.00 $0.00
E 150-46500-200 Office Supplies $500.00 $0.00 $24.16
E 150-46500-300 Professional Services $28,000.00 $2,129.13 $24,262.51
E 150-46500-303 Engineering Fee $4,000.00 $0.00 $1,487.50
E 150-46500-304 Legal Fees $1,000.00 $0.00 $0.00
E 150-46500-321 Telephone $1,200.00 $91.17 $1,141.05
E 150-46500-322 Postage $250.00 $0.00 $94.52
E 150-46500-331 Travel & Conference Expense $500.00 $0.00 $7.26
E 150-46500-340 Advertising $1,000.00 $0.00 $0.00
E 150-46500-410 Rentals $0.00 $37.40 $63.03
E 150-46500-433 Dues 8 Subscriptions $8,000.00 $0.00 $8,000.00
E 150-46500-582 Computer Software $300.00 $0.00 $0.00
E 150-46500-588 EDA Programs $0.00 $0.00 $50.00
FUND 150 Economic Development $46,260.00 $3,307.70 $36,180.03
FUND 155 TIF 1-3 Borgert (SKN)
E 155-46500-101 Salaries $0.00 $0.00 $121.44
E 155-46500-121 PERA Contributions $0.00 $0.00 $7.90
E 155-46500-122 FICA Contributions $0.00 $0.00 $7.53
E 155-46500-123 Deferred Comp-Employer $0.00 $0.00 $2.29
E 155-46500-125 Medicare Contributions $0.00 $0.00 $1.76
E 155-46500-300 Professional Services $0.00 $0.00 $200.00
E 155-46500-340 Advertising $0.00 $0.00 $30.00
E 155-46500-622 Tax Increment Payments $0.00 $0.00 $10,849.72
FUND 155 TIF 1-3 Borgert (SKN) $0.00 $0.00 $11,220.64
FUND 156 TIF 1-4 St. Joe Development
E 156-46500-101 Salaries $0.00 $0.00 $121.44
E 156-46500-121 PERA Contributions $0.00 $0.00 $7.90
E 156-46500-122 FICA Contributions $0.00 $0.00 $7.53
E 156-46500-123 Deferred Comp-Employer $0.00 $0.00 $2.29
E 156-46500-125 Medicare Contributions $0.00 $0.00 $1.76
E 156-46500-300 Professional Services $0.00 $0.00 $200.00
E 156-46500-340 Advertising $0.00 $0.00 $30.00
E 156-46500-622 Tax Increment Payments $0.00 $0.00 $48,510.20
FUND 156 TIF 1-4 St. Joe Development $0.00 $0.00 $48,881.12
FUND 157 TIF 2-1 Millstream
E 157-46500-101 Salaries $0.00 $0.00 $0.00
E 157-46500-121 PERA Contributions $0.00 $0.00 $0.00
E 157-46500-122 FICA Contributions $0.00 $0.00 $0.00
E 157-46500-123 Deferred Comp-Employer $0.00 $0.00 $0.00
E 157-46500-125 Medicare Contributions $0.00 $0.00 $0.00
E 157-46500-300 Professional Services $0.00 $0.00 $80.00
E 157-46500-317 Other fees $0.00 $0.00 $440.00
E 157-46500-340 Advertising $0.00 $0.00 $30.00
E 157-46500-622 Tax Increment Payments $0.00 $0.00 $0.00
FUND 157 TIF 2-1 Millstream $0.00 $0.00 $550.00
FUND 250 Revolving Loan Fund
E 250-46500-455 Revolving Loan Proceeds $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $0.00 $0.00 $0.00
01 /21 /09 8:17 AM
Page 1
~ ~
r
sti{~1 ~~.~.,~Jtil~.,f 1~.
CITY OF ST JOSEPH
EDA Expenditure Report
Current Period: December 2008
2008 December 2008
Account Descr YTD Budget 2008 Amt YTD Amt
$46,260.00 $3,307.70
$96,831.79
01/21/09 8:17 AM
Page 2