HomeMy WebLinkAbout[05] Accounts Payable & Financial Report •
ift, CITY OF ST. JOSEPH
'w '.cityof stjoseph.com
DATE: January 17, 2015
MEMO TO: St.Joseph Economic Development Authority
FROM: Cynthia Smith-Strack Municipal Development Group
Administrator
Judy Weyrens RE: Accounts Payable
Jan. Financial Reports
Mayor
Rick Schultz
A. Accounts Payable:
Councilors Following are Accounts Payable for the EDA's Consideration.
Matt Killam
Bob Loso Payable To For Fund Amount
Renee Symanietz MDG, Inc. Jan. Econ. Dev. Service 150-46500-300 $ 2,930.10
Dale Wick $2,500 services;430.10 mileage
Total $ 2,930.10
EDA
Doug Danielson *Plus invoices noted on enclosed check register.
Larry Hosch
Gary Osberg As of January 31, 2014 a total of 54.25 hours of service have been provided.
Rick Schultz
Dale Wick Action:
A MOTION is in order to approve the Accounts Payable.
B. Financial Report:
January financial reports are attached for your consideration.
The reports consist of:
1. Monthly Report.
2. Balance Sheet.
3. EDA revenue to date.
4. EDA expenditures to date.
5. Check Register
6. CIP Summary
A MOTION is in order to approve the Financial Reports.
akt INVOICE
MUNICIPAL DEVELOPMENT GROUP, INC.
25562 WILLOW LANE
NEW PRAGUE,MN 56071 City of St. Joseph
952-758-7399
FAX:952-758-3711 Attn: Judy Weyrens
staff@municipaldevelopmentgroup.com City Administrator
PO 668
St. Joseph, MN 56374
Invoice Date 2-10-14 Payment Terms: 30 days Customer ID#:
STJT 5EDA
Project Nov Economic Development Services
Amount: $2,500.00 Monthly contract fee
$ 430.10 748 miles x .575
$2,930.10
Code to: 150-46500-300 for general EDA
Remit To: Municipal Development Group, Inc.
25562 Willow Lane
New Prague, MN 56071
Dates-EDA Hours
January 7, 2015 EDA Office Hours: C. Strack 7.50 Hours
January 14, 2015 EDA Office Hours: C. Strack 8.50 Hours
January 21, 2015 EDA Office Hours: C. Strack 8.50 Hours
January 28, 2015 EDA Office Hours: C. Strack 9.00 Hours
Total January 2015 33.50 Hours
Total Contract Hours January 31, 2015: 54.25 Hours, 365.75 Remaining
Thank you! We appreciated the opportunity to work with you!
Check No. Cil ntIiia SmitsLStrac1.
Date: Cynthia Smith-Strack,Principal MDG
St. Joseph Economic Development Authority
Summary Treasurer's Report - Fund 150
January 2015
Fund 150, EDA Balance as of December 31, 2014 (Unaudited) 84,858.03
Year to Date Revenue:
Interest Earnings 560.77
TIF/MIF Deposit -
DEED Housing Grant Proceeds -
Ad Valorem Taxes -
Total Revenue 560.77
Year to Date Expenditure Total by Project:
Market Development 916.75 "-
Business Development 1,482.77 *-
Organizational Development 312.04 *'
Infrastructure Development 1,044.00 *'
Workforce Development - **
3,755.56
Year to Date Expenditures by Object:
Board Stipends (700.00)
Staff Salaries (43.25)
Workers Comp Premium -
Software Support/Office Supplies (32.14)
Municipal Development Group (1,736.15)
Legal/Engineering Fees (731.96)
Telephone (17.76)
Greater St. Cloud Development Investment (5,000.00)
Business Round Table Outreach -
Marketing (585.07)
Advertising -
Coborn's Abatement -
CM Housing Grant Reimbursement -
EDA Programs _ (702.38)
Total Expenses (9,548.71)
Fund Summaries as of January 31, 2015:
EDA Fund Balance - Fund 150 -unaudited 75,870.09
Designated for Capital Programs 86,173.37
Designated for DEED Housing Projects 368.57
Undesignated (10,671.85)
TIF 2-1 Millstream Shops and Lofts Fund Balance - Fund 157 18,057.84
TIF 2-2 St.Joseph Meat Market Fund Balance - Fund 158 (429.35)
Revolving Loan Fund Balance -Fund 250 40,381.07
**Detail available upon request
CITY OF ST. JOSEPH
Current Period:January 2015
YTD YTD Current
FUND Descr Account Descr Begin Yr Debit Credit Balance
FUND 150 Economic Development
Economic Development G 150-10100 Cash $84,177.56 $560.77 $9,548.71 $75,189.62
Economic Development G 150-10450 Interest Receivable $215.50 $0.00 $0.00 $215.50
Economic Development G 150-10700 Taxes Receivable-Delinquen $1,316.15 $0.00 $0.00 $1,316.15
Economic Development G 150-13113 Due From other Gov t Units $0.00 $0.00 $0.00 $0.00
Economic Development G 150-15500 Due From Other Fund $500.00 $0.00 $0.00 $500.00
Economic Development G 150-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00
Economic Development G 150-20201 Salaries Payable -$35.03 $0.00 $0.00 -$35.03
Economic Development G 150-22204 Deferred Inflow of Resources -$1,316.15 $0.00 $0.00 -$1,316.15
Economic Development G 150-24415 Design. Fd Bal-Capital Proj -$37,151.57 $0.00 $0.00 -$37,151.57
Economic Development G 150-25310 Appropriated Fund Balance _ -$47,706.46 $9,548.71 $560.77 -$38,718.52
FUND 150 Economic Development $0.00 $10,109.48 $10,109.48 $0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream G 157-10100 Cash $17,951.81 $76.31 $0.00 $18,028.12
TIF 2-1 Millstream G 157-10450 Interest Receivable $29.72 $0.00 $0.00 $29.72
TIF 2-1 Millstream G 157-13113 Due From other Govt 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 -$17,981.53 $0.00 $76.31 -$18,057.84
FUND 157 TIF 2-1 Millstream $0.00 $76.31 $76.31 $0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market G 158-10100 Cash $116.36 $0.23 $28.67 $87.92
TIF 2-2 Meat Market G 158-10450 Interest Receivable $0.25 $0.00 $0.00 $0.25
TIF 2-2 Meat Market G 158-20201 Salaries Payable -$17.52 $0.00 $0.00 -$17.52
TIF 2-2 Meat Market G 158-20500 Due To Other Fund -$500.00 $0.00 $0.00 -$500.00
TIF 2-2 Meat Market G 158-25310 Appropriated Fund Balance $400.91 _ $28.67 $0.23 $429.35
FUND 158 TIF 2-2 Meat Market $0.00 $28.90 $28.90 $0.00
FUND 250 Revolving Loan Fund
Revolving Loan Fund G 250-10100 Cash $39,469.77 $848.01 $0.00 $40,317.78
Revolving Loan Fund G 250-10450 Interest Receivable $63.29 $0.00 $0.00 $63.29
Revolving Loan Fund G 250-11900 Notes Receivable $21,723.72 $0.00 $0.00 $21,723.72
Revolving Loan Fund G 250-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00
Revolving Loan Fund G 250-22204 Deferred Inflow of Resources -$21,723.72 $0.00 $0.00 -$21,723.72
Revolving Loan Fund G 250-25310 Appropriated Fund Balance -$39,533.06 $0.00 $848.01 -$40,381.07
FUND 250 Revolving Loan Fund $0.00 $848.01 $848.01 $0.00
$0.00 $11,062.70 $11,062.70 $0.00
CITY OF ST. JOSEPH
Yrr c.Cyt*1pfCp{I_t'pn
CHECK
# Search Name Comments FUND DEPART Amount
048790 DANIELSON,DOUG 2014 EDA mtgs 150 46500 $420.00
048792 HOSCH,LARRY 2014 EDA mtgs 150 46500 $280.00
048799 CENTURYLINK Jan 20 sets 229#s/PD/WTP2 150 46500 $11.57
048800 CENTURYLINK BUSINESS SERVICES Dec 2014 long distance teleph 150 46500 $6.19
048834 JOVANOVICH,KADLEC&ATHMANN Dec Parkway Business Center 150 46500 $405.00
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-Parkway Business Ce 150 46500 $312.04
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-organizational develo 150 46500 $312.04
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-mtgs w/qualified proj 150 46500 $292.68
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-BFA loans 150 46500 $39.00
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-TIF 150 46500 $58.66
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-marketing materials 150 46500 $585.07
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-Website 150 46500 $39.00
048842 MUNICIPAL DEVELOPMENT CORP Dec EDA-Business retention 150 46500 $1,385.11
048844 RENGEL PRINTING,INC 2015 letterhead 150 46500 $32.14
048889 GREATER ST.CLOUD DEVELOP CORP 2015 membership dues 150 46500 $5,000.00
048910 SEH,INC Dec Parkway Business Center 150 46500 $326.96
$9,505.46
CITY OF ST. JOSEPH
1,-
"°'°i`4o°"i`°m Current Period:January 2015
2015 January 2015
FUND Descr SOURCE SOURCE Descr YTD Budget 2015 Amt YTD Amt
FUND 150 Economic Development
Economic Development 31010 Current Ad Valorem Taxes $94,595.00 $0.00 $0.00
Economic Development 33160 Federal Grants-Other $0.00 $0.00 $0.00
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 $1,000.00 $560.77 $560.77
Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $0.00
FUND 150 Economic Development $95,595.00 $560.77 $560.77
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 36210 Interest Earnings $0.00 $76.31 $76.31
FUND 157 TIF 2-1 Millstream $0.00 $76.31 $76.31
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market 31050 Tax Increment $0.00 $0.00 $0.00
TIF 2-2 Meat Market 36210 Interest Earnings $0.00 $0.23 $0.23
TIF 2-2 Meat Market 39201 Transfers from Other Funds $0.00 $0.00 $0.00
FUND 158 TIF 2-2 Meat Market $0.00 $0.23 $0.23
FUND 250 Revolving Loan Fund
Revolving Loan Fund 36210 Interest Earnings $300.00 $174.46 $174.46
Revolving Loan Fund 39320 Revolving Loan Principal $7,095.00 $619.24 $619.24
Revolving Loan Fund 39321 Revolving Loan Interest $985.00 $54.31 $54.31
Revolving Loan Fund 39322 Revolving Loan Origination $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $8,380.00 $848.01 $848.01
$103,975.00 $1,485.32 $1,485.32
/0AA-^9 CITY OF ST. JOSEPH
EDA Expenditure Report
Current Period:January 2015
2015 January 2015
Account Descr YTD Budget 2015 Amt YTD Amt
FUND 150 Economic Development
E 150-46500-101 Salaries $4,000.00 $38.25 $38.25
E 150-46500-103 Legislative Bodies $1,260.00 $700.00 $700.00
E 150-46500-121 PERA Contributions $0.00 $2.87 $2.87
E 150-46500-122 FICA Contributions $0.00 $1.73 $1.73
E 150-46500-123 Deferred Comp-Employer $0.00 $0.00 $0.00
E 150-46500-125 Medicare Contributions $0.00 $0.40 $0.40
E 150-46500-151 Workers Comp.Insur.Prem. $10.00 $0.00 $0.00
E 150-46500-200 Office Supplies $500.00 $32.14 $32.14
E 150-46500-215 Software Support $540.00 $0.00 $0.00
E 150-46500-300 Professional Services $28,000.00 $1,736.15 $1,736.15
E 150-46500-303 Engineering Fee $2,000.00 $326.96 $326.96
E 150-46500-304 Legal Fees $1,000.00 $405.00 $405.00
E 150-46500-321 Telephone $785.00 $17.76 $17.76
E 150-46500-322 Postage $350.00 $0.00 $0.00
E 150-46500-328 Marketing $3,000.00 $585.07 $585.07
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 150-46500-433 Dues&Memberships $5,000.00 $5,000.00 $5,000.00
E 150-46500-582 Computer Software $0.00 $0.00 $0.00
E 150-46500-588 EDA Programs $33,500.00 $702.38 $702.38
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 $130,595.00 $9,548.71 $9,548.71
FUND 157 TIF 2-1 Millstream
E 157-46500-101 Salaries $420.00 $0.00 $0.00
E 157-46500-121 PERA Contributions $30.00 $0.00 $0.00
E 157-46500-122 FICA Contributions $25.00 $0.00 $0.00
E 157-46500-123 Deferred Comp-Employer $10.00 $0.00 $0.00
E 157-46500-125 Medicare Contributions $5.00 $0.00 $0.00
E 157-46500-131 Health Insurance $60.00 $0.00 $0.00
E 157-46500-132 Dental Insurance $10.00 $0.00 $0.00
E 157-46500-133 Life Insurance $5.00 $0.00 $0.00
E 157-46500-134 Disabilty Insurance $5.00 $0.00 $0.00
E 157-46500-300 Professional Services $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
FUND 157 TIF 2-1 Millstream $570.00 $0.00 $0.00
FUND 158 TIF 2-2 Meat Market
E 158-46500-101 Salaries $420.00 $19.13 $19.13
E 158-46500-121 PERA Contributions $30.00 $1.43 $1.43
E 158-46500-122 FICA Contributions $25.00 $0.87 $0.87
E 158-46500-123 Deferred Comp-Employer $10.00 $0.27 $0.27
E 158-46500-125 Medicare Contributions $5.00 $0.20 $0.20
E 158-46500-131 Health Insurance $60.00 $5.37 $5.37
E 158-46500-132 Dental Insurance $10.00 $0.89 $0.89
E 158-46500-133 Life Insurance $5.00 $0.07 $0.07
E 158-46500-134 Disabilty Insurance $5.00 $0.44 $0.44
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
CITY OF ST. JOSEPH
Current Period:January 2015
2015 January 2015
Account Descr YTD Budget 2015 Amt YTD Amt
FUND 158 TIF 2-2 Meat Market $570.00 $28.67 $28.67
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
$131,735.00 $9,577.38 $9,577.38
o o LA 0 0 0 .•i C N N
o O N O 00 O LA ei Al
N
CU i NN N 'i 0 N m 1�A to,-1 N a
o (0 . m N .-I Cl N ON
N
N 0) V N — 00 .--I N M
CO N M
NM
m M O O CD a M
C In V1 3 m M
.0 00. C N Al 14 O V N
0 H
L
ei
M
01
0 ,gyp N
00 ` N
a ` ~
o
r
W
CD CD O OG
C O O O O
c0 O O O O O
N d cr CU to O CD OLn LA
M 4! W N m N
w 0 m 0)
X Q a E d' O O Ol O O .-•1 0( .-I •"4
W E O w O 0 0/ 01 o O LA 00 O N .-i N N
N M to
M f0 C 0) 0) 0 co
0 N
N Ill ' OTi o6 ' N n V
a P'1 0
i RI
f9 a V1 1 \ > CON CO^ ^ CO
Li in U rl a0+ Q N Al
'"'4 'C N 0
N 3 Q E
LL 2
p)C 0)
a w O ` N N N
C c N a a m
0J " N U C 00 C
l7 £ N o o N p > a o h
N N C
C 0 ; C• , Q O ` N
w u O a) wo a) _1 > V
it 0 CI m CI@ C O M
a% O y ca� N � m0N
0. c cu m2
E co m
p y Q c Q
o _1 m d m U m CC U
N h N. 03 0 C) v. 1.0
d cu M M C) M M M C) M M
r l-
aZ 0 <
0000000
W W W W W W W W W
v CO CO
o LnLA
0 O O
..... U)0
10
oo co co
u V
a
0,-,
O
Lo a
+, U
w0
y E W
ot Q
a 0 0
W 0
o W W IO
THIS PAGE INTENTIONALLY LEFT BLANK