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Home My WebLink About[05b] Financial Report St. Joseph Economic Development Authority Summary Treasurer's Report - Fund 150 October 31, 2012 Fund 150, EDA Balance as of December 31, 2011(audited) 49,582.49 Year to Date Revenue: Interest Earnings786.20 Ad Valorem Taxes34,614.13 Total Revenue35,400.33 Year to Date Expenditure Total by Project: Market Developmen5,394.82 t ** Business Developmen12,343.36 t ** Organizational Developmen6,737.50 t ** Infrastructure Developmen33.03 t ** Workforce Developmen- t ** 24,508.71 Year to Date Expenditures by Object: Board Stipends(35.00) Staff Salaries- Workers Comp Premium(2.17) Office Supplies(297.38) Software Support(529.52) Municipal Development Group(16,775.64) Legal/Engineering Fees(405.00) Telephone(649.98) Postage(1.90) Marketing(629.68) Advertising(39.19) Recording Fee- Rentals- St. Cloud EDA Membership Dues- EDA Programs(13,264.13) Total Expenses(32,629.59) Fund Summaries as of October 31, 2012: EDA Fund Balance - Fund 150 - unaudited 52,353.23 17,693.20 Designated for Capital Programs 15,968.57 Designated for DEED Housing Projects 18,691.46 Undesignated TIF 1-4 St. Joseph Development Fund Balance -Fund 156 826.17 TIF 2-1 Millstream Shops and Lofts Fund Balance - Fund 157 9,390.85 TIF 2-2 St. Joseph Meat Market Fund Balance - Fund 158 (469.98) Revolving Loan Fund Balance - Fund 250 21,182.07 ** Detail available upon request 11/06/12 2:34 PM CITY OF ST JOSEPH Page 1 EDA Balance Sheet Current Period: October 2012 YTDYTDCurrent FUND DescrAccount DescrBegin YrDebitCreditBalance FUND 150 Economic Development Economic DevelopmentG 150-10100 Cash$51,328.42$43,199.18$44,474.37$50,053.23 Economic DevelopmentG 150-10450 Interest Receivable$33.58$0.00$33.58$0.00 Economic DevelopmentG 150-15500 Due From Other Fund$2,300.00$0.00$0.00$2,300.00 Economic DevelopmentG 150-20200 Accounts Payable-$4,079.51$4,079.51$0.00$0.00 Economic DevelopmentG 150-24415 Design. Fd Bal - Capital Proj-$20,131.87$0.00$0.00-$20,131.87 Economic DevelopmentG 150-25310 Appropriated Fund Balance-$29,450.62$44,507.95$47,278.69-$32,221.36 FUND 150 Economic Development$0.00$91,786.64$91,786.64$0.00 FUND 156 TIF 1-4 St. Joe Development TIF 1-4 St. Joe DevelopG 156-10100 Cash$17.95$30,649.11$27,840.89$2,826.17 TIF 1-4 St. Joe DevelopG 156-10450 Interest Receivable$40.37$0.00$40.37$0.00 TIF 1-4 St. Joe DevelopG 156-20500 Due To Other Fund-$2,000.00$0.00$0.00-$2,000.00 TIF 1-4 St. Joe DevelopG 156-25310 Appropriated Fund Balance$1,941.68$27,881.26$30,649.11-$826.17 FUND 156 TIF 1-4 St. Joe Development$0.00$58,530.37$58,530.37$0.00 FUND 157 TIF 2-1 Millstream TIF 2-1 MillstreamG 157-10100 Cash$8,443.84$24,056.16$23,109.15$9,390.85 TIF 2-1 MillstreamG 157-10450 Interest Receivable$10.02$0.00$10.02$0.00 TIF 2-1 MillstreamG 157-13113 Due From other Gov t Units$42.48$0.00$42.48$0.00 TIF 2-1 MillstreamG 157-20200 Accounts Payable-$1,284.90$1,284.90$0.00$0.00 TIF 2-1 MillstreamG 157-25310 Appropriated Fund Balance-$7,211.44$23,161.65$25,341.06-$9,390.85 FUND 157 TIF 2-1 Millstream$0.00$48,502.71$48,502.71$0.00 FUND 158 TIF 2-2 Meat Market TIF 2-2 Meat MarketG 158-10100 Cash$3.26$0.00$173.24-$169.98 TIF 2-2 Meat MarketG 158-20500 Due To Other Fund-$300.00$0.00$0.00-$300.00 TIF 2-2 Meat MarketG 158-25310 Appropriated Fund Balance$296.74$173.24$0.00$469.98 FUND 158 TIF 2-2 Meat Market$0.00$173.24$173.24$0.00 FUND 250 Revolving Loan Fund Revolving Loan FundG 250-10100 Cash$14,158.07$7,024.00$0.00$21,182.07 Revolving Loan FundG 250-10450 Interest Receivable$33.95$0.00$33.95$0.00 Revolving Loan FundG 250-11900 Notes Receivable$43,017.08$0.00$43,017.08$0.00 Revolving Loan FundG 250-20200 Accounts Payable$0.00$0.00$0.00$0.00 Revolving Loan FundG 250-22204 Deferred Revenue-$43,017.08$43,017.08$0.00$0.00 Revolving Loan FundG 250-25310 Appropriated Fund Balance-$14,192.02$33.95$7,024.00-$21,182.07 FUND 250 Revolving Loan Fund$0.00$50,075.03$50,075.03$0.00 $0.00$249,067.99$249,067.99$0.00 11/06/12 2:35 PM CITY OF ST JOSEPH Page 1 EDA Check Register CHECK #Search NameCommentsFUNDDEPARTAmount 045822CENTRAL MN HOUSING PARTNERSHIPgrant application - housing reh15046500$400.00 045823CENTRYLINKOct T1 line/PD long distance/W15046500$50.59 045824CENTURYLINK BUSINESS SERVICESlong distance telephone Sept15046500$6.08 045862MUNICIPAL DEVELOPMENT CORPRevolving loan15046500$27.39 045862MUNICIPAL DEVELOPMENT CORPDemolition grant15046500$54.77 045862MUNICIPAL DEVELOPMENT CORPBFA loans15046500$54.78 045862MUNICIPAL DEVELOPMENT CORPMtgs w/qualified project contac15046500$1,287.29 045862MUNICIPAL DEVELOPMENT CORPDowntown15046500$164.33 045862MUNICIPAL DEVELOPMENT CORPPublic speaking engagements15046500$136.95 045862MUNICIPAL DEVELOPMENT CORPBusiness retention15046500$383.45 045862MUNICIPAL DEVELOPMENT CORPOrganizational development15046500$629.95 045876CENTRYLINK20 sets of 229 numbers Oct/N15046500$10.46 $3,206.04 11/06/12 2:35 PM CITY OF ST JOSEPH Page 1 EDA Expenditure Report Current Period: October 2012 2012October2012 Account DescrYTD Budget2012 AmtYTD Amt FUND 150 Economic Development E 150-46500-103 Legislative Bodies$1,390.00$0.00$35.00 E 150-46500-151 Workers Comp. Insur. Prem.$10.00$0.00$2.17 E 150-46500-200 Office Supplies$500.00$0.00$297.38 E 150-46500-215 Software Support$540.00$0.00$529.52 E 150-46500-300 Professional Services$28,000.00$1,550.35$16,775.64 E 150-46500-303 Engineering Fee$2,000.00$0.00$0.00 E 150-46500-304 Legal Fees$1,000.00$0.00$405.00 E 150-46500-321 Telephone$785.00$67.13$649.98 E 150-46500-322 Postage$350.00$0.00$1.90 E 150-46500-328 Marketing$8,000.00$0.00$629.68 E 150-46500-331 Travel & Conference Expense$150.00$0.00$0.00 E 150-46500-340 Advertising$500.00$0.00$39.19 E 150-46500-410 Rentals$0.00$0.00$0.00 E 150-46500-433 Dues & Memberships$0.00$0.00$0.00 E 150-46500-434 Certification Fee$0.00$0.00$0.00 E 150-46500-582 Computer Software$0.00$0.00$0.00 E 150-46500-588 EDA Programs$27,500.00$1,508.19$13,264.13 E 150-46500-622 TIF/Abatement Payments$0.00$0.00$0.00 FUND 150 Economic Development$70,725.00$3,125.67$32,629.59 FUND 156 TIF 1-4 St. Joe Development E 156-46500-101 Salaries$0.00$0.00$217.32 E 156-46500-121 PERA Contributions$0.00$0.00$15.75 E 156-46500-122 FICA Contributions$0.00$0.00$13.47 E 156-46500-123 Deferred Comp-Employer$0.00$0.00$3.75 E 156-46500-125 Medicare Contributions$0.00$0.00$3.15 E 156-46500-131 Health Insurance$0.00$0.00$0.00 E 156-46500-133 Life Insurance$0.00$0.00$0.45 E 156-46500-134 Disabilty Insurance$0.00$0.00$3.07 E 156-46500-300 Professional Services$0.00$0.00$0.00 E 156-46500-340 Advertising$0.00$0.00$34.00 E 156-46500-588 EDA Programs$0.00$0.00$0.00 E 156-46500-622 TIF/Abatement Payments$0.00$0.00$27,540.76 FUND 156 TIF 1-4 St. Joe Development$0.00$0.00$27,831.72 FUND 157 TIF 2-1 Millstream E 157-46500-101 Salaries$0.00$0.00$271.65 E 157-46500-121 PERA Contributions$0.00$0.00$19.68 E 157-46500-122 FICA Contributions$0.00$0.00$16.84 E 157-46500-123 Deferred Comp-Employer$0.00$0.00$4.63 E 157-46500-125 Medicare Contributions$0.00$0.00$3.94 E 157-46500-131 Health Insurance$0.00$0.00$0.00 E 157-46500-133 Life Insurance$0.00$0.00$0.56 E 157-46500-134 Disabilty Insurance$0.00$0.00$3.80 E 157-46500-300 Professional Services$0.00$0.00$0.00 E 157-46500-317 Other fees$0.00$0.00$0.00 E 157-46500-331 Travel & Conference Expense$0.00$0.00$0.00 E 157-46500-340 Advertising$0.00$0.00$34.00 E 157-46500-622 TIF/Abatement Payments$0.00$0.00$21,469.15 E 157-49300-720 Transfers to Other Funds$0.00$0.00$0.00 FUND 157 TIF 2-1 Millstream$0.00$0.00$21,824.25 FUND 158 TIF 2-2 Meat Market 11/06/12 2:35 PM CITY OF ST JOSEPH Page 2 EDA Expenditure Report Current Period: October 2012 2012October2012 Account DescrYTD Budget2012 AmtYTD Amt E 158-46500-101 Salaries$0.00$0.00$117.72 E 158-46500-121 PERA Contributions$0.00$0.00$8.54 E 158-46500-122 FICA Contributions$0.00$0.00$7.31 E 158-46500-123 Deferred Comp-Employer$0.00$0.00$2.03 E 158-46500-125 Medicare Contributions$0.00$0.00$1.71 E 158-46500-131 Health Insurance$0.00$0.00$0.00 E 158-46500-133 Life Insurance$0.00$0.00$0.25 E 158-46500-134 Disabilty Insurance$0.00$0.00$1.68 E 158-46500-300 Professional Services$0.00$0.00$0.00 E 158-46500-340 Advertising$0.00$0.00$34.00 E 158-46500-622 TIF/Abatement Payments$0.00$0.00$0.00 FUND 158 TIF 2-2 Meat Market$0.00$0.00$173.24 FUND 250 Revolving Loan Fund E 250-46500-300 Professional Services$0.00$0.00$0.00 E 250-46500-304 Legal Fees$0.00$0.00$0.00 E 250-46500-317 Other fees$0.00$0.00$0.00 E 250-46500-434 Certification Fee$0.00$0.00$0.00 E 250-46500-455 Revolving Loan Proceeds$0.00$0.00$0.00 FUND 250 Revolving Loan Fund$0.00$0.00$0.00 $70,725.00$3,125.67$82,458.80 11/06/12 2:36 PM CITY OF ST JOSEPH Page 1 EDA Revenue Report Current Period: October 2012 2012October2012 FUND DescrSOURCESOURCE DescrYTD Budget2012 AmtYTD Amt FUND 150 Economic Development Economic Development31010Current Ad Valorem Taxes$70,500.00$0.00$34,614.13 Economic Development34150TIF/MIF Deposit$0.00$0.00$0.00 Economic Development34200DEED Housing Reimbursem$0.00$0.00$0.00 Economic Development36210Interest Earnings$225.00$58.11$786.20 Economic Development39201Transfers from Other Funds$0.00$0.00$0.00 FUND 150 Economic Development$70,725.00$58.11$35,400.33 FUND 156 TIF 1-4 St. Joe Development TIF 1-4 St. Joe Development31050Tax Increment$0.00$0.00$30,600.84 TIF 1-4 St. Joe Development36210Interest Earnings$0.00$2.82-$1.27 FUND 156 TIF 1-4 St. Joe Development$0.00$2.82$30,599.57 FUND 157 TIF 2-1 Millstream TIF 2-1 Millstream31050Tax Increment$0.00$0.00$23,854.61 TIF 2-1 Millstream33404Market Value Credit$0.00$0.00$0.00 TIF 2-1 Millstream34150TIF/MIF Deposit$0.00$0.00$0.00 TIF 2-1 Millstream36210Interest Earnings$0.00$9.17$149.05 FUND 157 TIF 2-1 Millstream$0.00$9.17$24,003.66 FUND 250 Revolving Loan Fund Revolving Loan Fund36210Interest Earnings$300.00$19.87$254.55 Revolving Loan Fund39320Revolving Loan Principal$6,885.00$578.87$5,724.17 Revolving Loan Fund39321Revolving Loan Interest$1,195.00$94.68$1,011.33 Revolving Loan Fund39322Revolving Loan Origination $0.00$0.00$0.00 FUND 250 Revolving Loan Fund$8,380.00$693.42$6,990.05 $79,105.00$763.52$96,993.61 /¦z·9ã¦;7z·Ò©; 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