HomeMy WebLinkAbout[05b] Financial Report St. Joseph Economic Development Authority
Summary Treasurer's Report- Fund 150
January 2013
Fund 750,EDA Balance as of December 31,2012(unaudited) 77,651.57
Year to Date Revenue:
Interest Earnings 5.00
Ad Valorem Taxes 351.51
Total Revenue 356.51
Year to Date Exaenditure Total bv Proiect:
Market Development 1,411.95 ""
Business Development 352.98 **
Organizational Development 504.27 "'
Infrastructure Development 252.14 *"
Workforce Development *"
2,521.35
Year to Date Exaenditures bv Obiect:
Board Stipends (280.00)
Staff Salaries -
Workers Comp Premium -
Office Supplies -
Software Support -
Municipal Development Group (2,516.22)
LegaUEngineering Fees -
Telephone (64.45)
Postage -
Business Luncheon -
Advertising -
Recording Fee -
Rentals(Postage Machine) -
St.Cloud EDA Membership Dues -
EDA Programs (605.13)
Total Expenses � (3,465.80)
Fund Summaries as of danuary 31,2013:
EDA Fund Balance-Fund 150-unaudited 74,542.28
Designated for Capital Programs 46,787.71
Designated for DEED Housing Projects '15,368.57
Undesignated 12,386.00
TIF 2-1 Millstream Shops and Lofts Fund Balance-Fund 157 10,845.32
TIF 2-2 St.Joseph Meat Market Fund Balance•Fund 158 (469.98j
Revolving Loan Fund Balance-Fund 250 23,446.20
**Detail available upon request
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�ri CITY OF ST JOSEPH 02/07/13 11.P2 9eM
�`� ����� "� EDA Balance Sheet
Current Period:January 2073
YTD YTD Current
FUND Descr Account Descr Beain Yr Debit Credit Balance
FUND 150 Economic Development
Economic Development G 150-10100 Cash $79,725.68 $396.22 $3,505.51 $76,616.39
Economic Development G 150-10450 Interest Receivable $75.73 $0.00 $0.00 $75.73
Economic Development G 150-10700 Taxes Receivable-Delinquen $0.00 $0.00 $0.00 $0.00
Economic Development G 150-13113 Due From other Gov t Units $351.51 $0.00 $0.00 $351.51
Economic Development G 150-15500 Due From Other Fund $300.00 $0.00 $0.00 $300.00
Economic Development G 150-20200 Accounts Payable -$2,801.35 $0.00 $0.00 -$2,801.35
Economic Development G 150-22204 Deferred Revenue $0.00 $0.00 $0.00 $0.00
Economic Development G 150-24415 Design. Fd Bal-Capital Proj -$20,131,87 $0.00 $0.00 -$20,131.87
Economic Development G 150-25310 Appropriated Fund Balance -$57,519.70 $3,505.51 $396.22 -$54,410.41
FUND 150 Economic Development $0.00 $3,901.73 $3,901.73 $0.00
FUND 156 TIF i-4 St.7ce Development
TIF 1-4 St.Jce Develop G 156-10100 Cash $0.00 $0.00 $0.00 $0.00
TIF 1-4 St.)ce Deve{op G 156-10450 Irrterest Receivable $0,00 $0.00 $0.00 $0.00
TIF 1-4 St.Joe Develop G 156-20500 Due To Other Fund $0.00 $0.00 $0.00 $0.00
TIF 1�St.Jce Develop G 156-25310 Appropriated Fund Balance $0.00 $0.00 $0.00 $0.00
FUND 156 TiF 1-4 St.7oe Development $0.00 $0.00 $0.00 $0.00
FUND 157 T!F 2-i Millstream
' TIF 2-1 Millstream G 157-10100 Cash $10,832.25 $5.73 $5.09 $10,832.89
TIF 2-1 Millstream G 157-10450 Interest Receivable $12.43 $0.00 $0.00 $12.43
TIF 2-1 Millstream G 157-13113 Due From other Gov t Units $0.00 $0.00 $0.00 $0.00
TIF 2-1 Millstream G 157-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00
TIF 2-1 Millstream G 157-25310 Appropriated Fund Balance -$10,844.68 $5.09 $5.73 -$10,845.32
FUND 157 TiF 2-i Millstream $0.00 $10.82 $10.82 $0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market G 158-10100 Cash -$169.98 $0.00 $0.00 -$169.98
TIF 2-2 Meat Market G 158-20500 Due To Other Fund -$300.00 $0.00 $0.00 -$300.00
TIF 2-2 Meat Market G 158-25310 Appropriated Fund Balance $469.98 $0.00 $U.00 $469.98
FUND 158'RF 2-2 Meat Market $0.00 $0.00 $0.00 $0.00
FlJND 250 Revolving Loan Fund
Revolving Loan Fund G 250-10100 Cash $22,746.98 $686.27 $11.30 $23,421.95
Revolving Loan Fund G 250-10450 Interest Receivable $24.25 $0.00 $0.00 $24.25
Revolving Loan Fund G 250-11900 Notes Receivable $36,130.90 $0.00 $0.00 $36,130.90
Revolving Loan Fund G 250-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00
Revolving Loan Fund G 250-22204 Deferred Revenue -$36,130.90 $0.00 $0.00 -$36,130.90
Revolving Loan Fund G 250-25310 Appropriated Fund Balance -$22,771.23 $11.30 $686.27 -$23,446.20
FUND 250 Revolving Loan Fund $0.00 $697.57 $697.57 $0.00
$0.00 $4,610.12 $4,610.12 $0.00
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�f� CITY OF ST JOSEPH 02/07/1311P 9eM
' �� �-���� '" - � EDA Revenue Report
Current Period:January 2013
2013 ]anuary 2013
� FUND Descr SOURCE SOURCE Descr YTD Budaet 2013 Amt YTD Amt
FUND 150 Economic Development
Economic Development 31010 Current Ad Valorem Taxes $126,095.00 $351.51 $351.51
Economic Development 34150 TIF/MIF Deposit $0.00 $0.00 $0.00
Economic Development 34200 DEED Housing Reimbursem $0.00 $0.00 $0.00
Economic Development 36210 Interest Eamings $500.00 $5.00 $5.00
Economic Development 39201 Transfers from Otlier Funds $0.00 $0.00 $0.00
FUND 150 Economic Development $126,595.00 $356.51 $356.51
FUND 156 TIF 1�St.Joe Development
TIF 1-4 St.]ce Development 33050 Tax Increment $0.00 $0.00 $0.00
, TIF 1-4 St.Jce Development 36210 Interest Eamings $0.00 $0.00 $0.00
FUND 156 TIF 1-4 St.Joe Development $0.00 $0.00 $0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 MilJstream 31050 Tax Increment $O.QO $0.00 $Q.00
, TIF 2-1 Millstream 33404 Market Value Credit $0.00 $0.00 $0.00
TIF 2-1 Millstream 34150 TIF/MIF Deposit $0.00 $0.00 $0.00
TIF 2-1 Millstream 36210 Interest Eamings $0.00 $0.64 $0.64
FUND 157 TIF 2-1 Millstream $0.00 $0.64 $0.64
FUND 250 Revotving Loan Fund
' Revolving Loan Fund 36210 Interest Eamings $300.00 $1.42 $1.42
Revolving Loan Fund 39320 Revolving Loan Prinapel $7,095.00 $583.22 $583.22
Revoiving Loan Fund 39321 Revolving Loan Interest $985.00 $90.33 $90.33
Revolving Loan Fund 39322 Revolving Loan Origination $0.00 $0.00 $0.00
FUND 250 Revoiving Loan Fund $8,380.00 $674.97 $674.97
$134,975.00 $1,032.12 $1,032.12
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r' CITY OF ST JOSEPH 02/07/13 11:24 AM
�� �-���'��-" - � EDA Expenditure Report Page 1
Current Period:January 2013
2013 January 2013
Account Descr YTD Budaet 2013 Amt YTD Amt
FUND 150 Economic Development
E 150-46500-103 Legislative Bodies $1,260.00 $280.00 $280.00
E 150-46500-151 Workers Comp.Insur.Prem. $10.00 $0.00 $0.00
E 150-46500-200 Office Supplies $500.00 $0.00 $0.00
E 150-46500-215 Software Support $540.00 $0.00 $0.00
E 150-46500-300 Professional Services $28,000.00 $2,516.22 $2,516.22
E 150-46500-303 Engineering Fee $2,000.00 $0.00 $0.00
E 150-46500-304 Legal Fees $1,000.00 $0.00 $0.00
E 150-46500-321 Telephone $785.00 $64.45 $64.45
E 150-46500-322 Postage $350.OQ $0.00 $O.OU
' E 150-46500-328 Marketing $8,000.00 $0.00 $0.00
E 150-46500-331 Travel&Conference Expense $150.00 $0.00 $0.00
E 150-46500-340 Advertising $500.00 $0.00 $0.00
E 150-46500-410 Rentals $0.00 $0.00 $0.00
E 150-465Q0-433 Dues&Memberships $0.00 $0.00 $0.00
E 150-46500�34 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 $33,500.00 $605.13 $605.13
E 150-46500-622 TIF/Abatement Payments $50,000.00 $0.00 $0.00
FUND 150 Economic Development $126,595.00 $3,465.80 $3,465.80
FUND 156 TIF 1-4 St.Jce Development
E 156-46500-101 Salaries $0.00 $0.00 $0.00
E 156-46500-121 PERA Contributions $0.00 $0.00 $0.00
E 156-46500-122 FICA Co�tributions $0.00 $0.00 $0.00
E 156-46500-123 Deferred Comp-Employer $0.00 $0.00 $0.00
E 156-46500-125 Medicare Contributions $0.00 $0.00 $0.00
E 156-46500-131 Health Insurance $0.00 $0.00 $0.00
E 156-46500-133 Life Insurance $0.00 $0.00 $0.00
E 156-46500-134 Disabilty Insurance $0.00 $0.00 $0.00
E 156-46500-300 Professional Services $0.00 $0.00 $0.00
E 156-46500-340 Advertising $0.00 $0.00 $0.00
E 156-46500-588 EDA Programs $0.00 $0.00 $0.00
E 156-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00
E 156-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00
FUND 156 TIF 1-4 St.Joe Development $0.00 $0.00 $0.00
FUND 157 TIF 2-1 Milistream ,
E 157-46500-101 Salaries $0.00 $0.00 $0.00
E 157-46500-121 PERA Contributions $O.UO $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 157-46500-131 Health Insurance $0.00 $0.00 $0.00
E 157-46500-133 Life Insurance $0.00 $0.00 $0.00
E 157-46500-134 Disabilty Insurance $0.00 $0.00 $0.00
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 $0.00
E 157-46500-622 lIF/Abatement Payments $0.00 $0.00 $0.00
E 157-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00
FUND 157 TIF 2-1 Millstream $0.00 $0.00 $0.00
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ffi CITY OF ST JOSEPH 02/07/13 11 Pa9 2
�`� ���J�'� EDA Expenditure Report
Current Period:January 2013
2013 January 2013
Account Descr YFD Budaet 2013 Amt YTD Amt
FUND 158 TIF 2-2 Meat Market
E 158-46500-101 Salaries $0.00 $0.00 $0.00
E 158-46500-121 PERA Contributions $0.00 $0.00 $0.00
E 158-46500-122 FICA Contributions $0.00 $0.00 $0.00
E 158-46500-123 Deferred Comp-Employer $0.00 $0.00 $0.00
E 158-46500-125 Medicare Contributions $0.00 $0.00 $0.00
E 158-46500-131 Health Insurance $0.00 $0.00 $0.00
E 158-46500-133 Life Insurance $0.00 $0.00 $0.00
E 158-46500-134 Disabilty Insurance $0.00 $0.00 $0.00
E 158-46500-300 Professionai Services $0.00 $0.00 $0.00
E 158-46500-340 Adverrtising $0.00 $0.00 $0.00
E 158-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00
FUND 158 TIF 2-2 Meat Marlcet $0.00 $0.00 $0.00
PUND 250 Revolving Loan Fu�d
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
$126,595.00 $3,465.80 $3,465.80
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� 02/07/13 11:23 AM
f CITY OF ST JOSEPH
�`��������� EDA Check Register Page 1
CHECK
# Search Name Comments FUND DEPART Amount
046169 CENTRYLINK Jan Tl line 150 46500 $50.36
046197 MUNICIPAL DEVELOPMENT CORP Dec marketing materials 150 46500 $226.92
046197 MUNICIPAL DEVELOPMENT CORP Dec BFA loans 150 46500 $50.43
046197 MUNICIPAL DEVELOPMENT CORP Dec CR2 infrastructure develop 150 46500 $252.14
046197 MUNICIPAL DEVELOPMENT CORP Dec downtown 150 46500 $302.56
046197 MUNICIPAL DEVELOPMENT CORP Dec organizational developmen 150 46500 $1,185.03
046197 MUNICIPAL DEVELOPMENT CORP Dec organizational developmen 150 46500 $504.27
046206 CENTRAL MN HOUSING PARTNERSHIP contract for grant writing servi 150 46500 $600.00
046231 CENTRYLINK 20 sets of 229 numbers Jan 9- 150 46500 $10.34
046255 CENTURYLINK SIfSINESS SERViCES ]an long distanc�telephone 150 46500 $3.75
046264 HOSCH,LARRY 2012 EDA meetings 150 46500 $280.00
$3,465.80
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2013 Capital Expenditures
General Fund Capital Improvement Plan-EDA
2013 final CIP Budget Adopted December 6,2012
As of January 31,2013
12/31/2012
Available through 1/31 through 1/31
Project , Reserve Transfers Spent a ,
Department AccountCode � Equipment Balance �,$.,. 2013 2013 `��' ��
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.,�.: , >5,. :�.;;
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EDA 150-46500-582 , , �a:Computer Software 1,200.00 - - " 1,200.00 '`��
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EDA 150-46500-588 . �� n�LeYs Go Downtown 3,329.66 iQ' ,.�f' J�% 13,329.66 ;'�
�.,,
� � �BusinessDevelopment/TIF - �1' . 11,500.00 -�";
y�ProducedProcessor Institute - • �,` � ° - ���
• � � �'' "� � 2013 student
�.���p �, d; � .. . •°• ' � housing unrt I
g�;�i
•Business Demolition Program 3,341.57 ° � ��° � 9,341.57 52soo
� �DBG Grant Development - ��s�.°°� '"� _ • ;;g
_ BFA GranULoan Program 5,416.48 . � � f��,�' 11,416.48
p Rental Conversions - � < �� -
'���CSAH 2/3 Collection Street - `�' - .
. �.:
12,087.71 33, � - - - 45,587J1 ,: t
., �:
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TOTAL EDA CIP 13,287Ji $$ - - • 46,787.71 .''