HomeMy WebLinkAbout[05b] Financial Reports St. Joseph Economic Development Authority
Summary Treasurer's Report- Fund 150
February 2013
Fund 150,EDA Balance as of December 31,2012(unaudited) 77,651.57
Year to Date Revenue:
Interest Earnings 82.33
Ad Valorem Taxes 351.51
Total Revenue 433.84
Year to Date Exnenditure Total bv Proiect:
Market Development 1,639.50 ""
Business Development 1,768.82 **
Organizational Development 1,389.17 "*
Infrastructure Development 252.14 **
Workforce Development "*
5,049.63
rear to Date Exuenditures bv Obiect:
Board Stipends (280.00)
Staff Salaries -
Workers Comp Premium -
Office Supplies -
Software Support -
Municipal Development Group (4,210.17)
Legal/Engineering Fees -
Telephone (125.15)
Postage -
Business Luncheon -
Advertising -
Recording Fee -
Rentals(Postage Machine) -
St.Cloud EDA Membership Dues -
EDA Programs (1,439.46)
TotalExpenses (6,054.78)
Fund Summaries as of February 28,2013:
EDA Fund Balance-Fund 150-unaudited 72,030.63
Designated for Capital Programs 46,787.71
Designated for DEED Housing Projects 15,368.57
Undesignated 9,874.35
TIF 2-1 Millstream Shops and Lofts Fund Balance-Fund 157 10,855.99
TIF 2-2 St.Joseph Meat Market Fund Balance-Fund 158 (469.98)
Revolving Loan Fund Balance-Fund 250 24,142.37
**Detail available upon request
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EDA Balance Sheet
Current Period:February 2013
YTD YTD Current
FUND Descr Aaount Descr Beain Yr Debit Credit Balance
FUND 150 Economic Development
Economic Development G 150-10100 Cash $79,525.68 $473.55 $6,094.49 $73,904.74
Economic Development G 150-10450 Interest Receivable $75.73 $0.00 $0.00 $75.73
Economic Development G 150-10700 Taxes Receivable-Delinquen $893.10 $0.00 $0.00 $893.10
Economic Development G 150-13113 Due From other Gov t Units $551.51 $0.00 $0.00 $551.51
Economic Development G 150-15500 Due From Other Fund $300.00 $0.00 $0.00 $300.00
Economic Development G 150-20200 Acwunts Payable -$2,801.35 $0.00 $0.00 -$2,80135
Economic Development G 150-22204 Deferred Revenue -$893.10 $0.00 $0.00 -$893.10
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 $6,094.49 $473.55 -$51,898.76
FUND 150 Economic Development $0.00 $6,568.04 $6,568.04 $0.00
FUND 156 7IF 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.Jce Develop G 156-10450 Interest Receivable $0.00 $0.00 $0.00 $0.00
TIF 1-4 St.Jce Develop G 156-20500 Due To Other Fund $0.00 $0.00 $0.00 $0.00
TIF 1-4 St.Jce Develop G 156-25310 Appropriated Fund Balanoe $0.00 $0.00 $0.00 $0.00
FUND 156 TiF i-4 St.7ce Development $0.00 $0.00 $0.00 $0.00
FUND 157 TIF 2-i Millstream
TIF 2-1 Milistream G 157-10100 Cash $10,832.25 $16.40 $5.09 $10,843.56
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 $16.40 -$10,855.99
FUND 157 7IF 2-i Millstream $0.00 $21.49 $21.49 $0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market G 158-10100 Cash $30.02 $0.00 $0.00 $30.02
TIF 2-2 Meat Market G 158-20500 Due To Other Fund -$500.00 $0.00 $0.00 -$500.00
l'IF 2-2 Meat Market G 158-25310 Appropriated Fund Balance $469.98 $0.00 $0.00 $469.98
FUND 158 lIF 2-2 Meat Market $0.00 $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund
Revolving Loan Fund G 250-10100 Cash $22,746.98 $1,382.44 $11.30 $24,118.12
Revolving Loan Fund G 250-10450 Interest Receivable $24.25 $0.00 $0.00 $24.25
Revoiving 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 $1,382.44 -$24,142.37
FUND 250 Revolving Loan Fund $0.00 $1,393.74 $1,393.74 $0.00
$0.00 $7,983.27 $7,983.27 $0.00
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EDA Check Register
CHECK
# Search Name Comments FUND DEPART Amount
046289 CENTRYLINK Feb T3 line 150 46500 $50.36
046320 MUNICIPAL DEVELOPMENT CORP Jan Downtown 150 46500 $834.33
, 046320 MUNICIPAL DEVELOPMENT CORP Jan marketing materials 150 46500 $227.55
046320 MUNICIPAL DEVELOPMENT CORP Jan business retention 150 46500 $581.50
046320 MUNICIPAL DEVELOPMENT CORP Jan organizational developmen 150 46500 $884.90
046331 CENTRYLINK 20 sets of 229 phone numbers 150 46500 $10.34
$2,588.98
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�'�f���-�'��� EDA Expenditure Report Page 1
Current Period:February 2013
2013 February 2013
Account Descr YTD Budaet 2013 Amt YTD Amt
FUND 150 Economic Development
E 150-4b500-103 Legislative Bodies $1,260.00 $0.00 $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 $1,693.95 $4,210.17
E 150-4b500-303 Engineering Fee $2,000.00 $0.00 $0.00
E 150-46500-304 Legal Fees $1,000.00 $0.00 $0.00
E 150-46500321 Telephone $785.00 $60.70 $125.15
E 150-46500-322 Postage $350.00 $0.00 $0.00
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�10 Rentals $0.00 $0.00 $0.00
E 150-46500-433 Dues&Memberships $0.00 $0.00 $0.00
E 150-46500�34 Certification Fee $0.00 $0.00 $0.00
E 150-4b500-582 Computer Software $0.00 $0.00 $0.00
E 150-46500-588 EDA Programs $33,500.00 $834.33 $1,439.46
E 150-46500-622 TIF/Abatement Payments $50,000.00 $0.00 $0.00
E 150-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00
FUND 150 Economic Development $126,595.00 $2,588.98 $6,054.78
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 Contributions $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.Jce Development $0.00 $0.00 $0.00
FUND 157 7IF 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 157-46500-131 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 TIF/Abatement Payments $0.00 $0.00 $0.00
E 157-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00
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EDA Expenditure Report
Current Period:February 2013
2013 February 2013
Account Descr YTD Budqet 2013 Amt YTD Amt
FUND 157 TIF 2-1 Millstream $0.00 $0.00 $0.00
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 Insurence $0.00 $0.00 $0.00
E 158-46500-134 Disabilty Insurance $0.00 $0.00 $0.00
E 158-46500-300 Professional Services $0.00 $0.00 $0.00
E 158-46500-340 Advertising $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 Market $0.00 $0.00 $0.00
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�55 Revolving Loan Proceeds $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $0.00 $0.00 $0.00
$126,595.00 $2,588.98 $6,054.78
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EDA Revenue Report
Current Period:February 2013
2013 February 2013
FUND Descr SOURCE SOURCE Descr YTD Budqet 2013 Amt YTD Amt
FUND 150 Economic Development
Economic Development 31010 Current Ad Valorem Taxes $126,095.00 $0.00 $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 Earnings $500.00 $77.33 $82.33
Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $0.00
FUND 150 Economic Development $126,595.00 $77.33 $433.84
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream 31050 Tax Increment $0.00 $0.00 $0.00
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 Earnings $0.00 $10.67 $11.31
FUND 157 TIF 2-1 Millstream $0.00 $10.67 $11.31
FUND 158 TIF 2-2 Meat MaNcet
TIF 2-2 Meat Market 31050 Tax Increment $0.00 $0.00 $0.00
TIF 2-2 Meat Market 34150 TIF/MIF Deposit $0.00 $0.00 $0.00
TIF 2-2 Meat Market 36210 Interest Earnin9s $0.00 $0.00 $0.00
T!F 2-2 Meat Market 39201 Transfers from Other Funds $0.00 $0.00 $0.00
FUND 158 TIF 2-2 Meat Market $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund
Revolving Loan Fund 36210 Interest Earnings $300.00 $22.62 $24.04
Revolving Loan Fund 39320 Revolving Loan Principal $7,095.00 $584.67 $1,167.89
Revolving Loan Fund 39321 Revolving Loan Interest $985.00 $88.88 $179.21
Revolving Loan Fund 39322 Revolving Loan Origination $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $8,380.00 $696.17 $1,371.14
$134,975.00 $784.17 $1,816.29
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2013 Capital Expenditures
Generoi Fund Capital Impro�rcment Plan-EDA
2013 fina!CIP Budget Adopted December 6,2012
As of February 28,2013
12/31/2012
Available throuLh 2/28 throuah 2/28
Project �� ' Reserve BUt�t ;°. Transfers Spent " ;'�;x;���
Department Account Code m Equipment Balance 20i3, ' �; 2013 2013 ,��,.+
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EDA 150�6500-582 � Computer SoRware 1,200.00 - - - 1,200.00 ��t:�
��' �. ; :�.�
EDA 150-46500-588 � LeYs Go DOwntown 3,33�.66 10,�O:t1Q (834.33)'�� 12,504.33 :;;;�
Business Development/TIF - 31;50EI.4ltt` 11,500.00 „
ProducedProcessor Institute - :�.:--,�x _
-` " 13 stu ent
',�` n� housing unit
Business DemoHtion Program 3,341.57 6� 9,341.57 � Szsao
� CDBG Grant Development - --°- �. b -
_., BFA Grant/L.oan Program 5,416.45 $ 11,416.48 r�� ,
Rental Conversions - �--� _
N , ,�CSAH 213 Colledion Street - ° �+ =� -
12,096.71 3 - (834.33) 44,762.38 : ,�
TOTAL EQA CIP 13,296.71 - a34.33 45,962.38 '
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