HomeMy WebLinkAbout[05a] Accounts Payable & Financial Report • CITY OF ST. JOSEPH
www.cityofstioseph.com
DATE: April 14,2015
MEMO TO: St.Joseph Economic Development Authority
FROM: Cynthia Smith-Strack Municipal Development Group
Administrator
Judy Weyrens RE: Accounts Payable
Feb. and March 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. Feb. Econ. Dev. Service 150-46500-300 $ 2,930.10
Dale Wick MDG, Inc. March Econ. Dev. Service 150-46500-300 $ 2,930.10
EDA Total $ 5,860.20
Doug Danielson
Larry Hosch *Plus invoices noted on enclosed check register.
Gary Osberg
Rick Schultz As of March 31, 2015 a total of 116.25 hours of service have been provided.
Dale Wick
Action:
A MOTION is in order to approve the Accounts Payable.
B. Financial Report:
March 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.
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 3-10-15 Payment Terms: 30 days Customer ID#:
STJT 5EDA
Project Feb 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
February 4, 2015 EDA Office Hours: C. Strack 8.00 Hours
February 11, 2015 EDA Office Hours: C. Strack 7.00 Hours
February 18, 2015 EDA Office Hours: C. Strack 7.75 Hours
February 19, 2015 EDA Office Hours: C. Strack 1.00 Hours
February 25, 2015 EDA Office Hours: C. Strack 8.75 Hours
Total February 2015 29.50 Hours
Total Contract Hours February 28, 2015: 86.75 Hours
Thank you! We appreciated the opportunity to work with you!
Check No. CJL ntiiia SWlitli-strack
Date: Cynthia Smith-Strack,Principal MDG
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 4-10-15 Payment Terms: 30 days Customer ID#:
STJ15EDA
Project March 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
March 4, 2015 EDA Office Hours: C. Strack 7.50 Hours
March 11, 2015 EDA Office Hours: C. Strack 8.00 Hours
March 16, 2015 EDA Office Hours: C. Strack 2.50 Hours
March 18, 2015 EDA Office Hours: C. Strack 7.50 Hours
March 23, 2015 EDA Office Hours: C. Strack 4.00 Hours
Total March 2015 32.50 Hours
Total Contract Hours March 31, 2015: 116.25 Hours
Thank you! We appreciated the opportunity to work with you!
Check No. CJL ntliia SmitIi-Strack
Date: Cynthia Smith-Strack,Principal MDG
70
St. Joseph Economic Development Authority
Summary Treasurer's Report - Fund 150
March 2015
Fund 150, EDA Balance as of December 31, 2014 (Audited) 103,522.49
Year to Date Revenue:
Interest Earnings 747.92
TIF/MIF Deposit -
DEED Housing Grant Proceeds -
Ad Valorem Taxes 47,301.00
Total Revenue 48,048.92
Year to Date Expenditure Total by Project:
Market Development 1,128.09 **
Business Development 3,609.45 **
Organizational Development 1,272.24 **
Infrastructure Development 534.60 **
Workforce Development - **
6,544.38
Year to Date Expenditures by Object:
Board Stipends -
Staff Salaries (916.52)
Workers Comp Premium -
Software Support/Office Supplies (554.47)
Municipal Development Group (4,309.87)
Legal/Engineering Fees (534.60)
Telephone (193.49)
Greater St. Cloud Development Investment (5,000.00)
Business Round Table Outreach -
Marketing (157.64)
Advertising (149.58)
Coborn's Abatement -
CM Housing Grant Reimbursement (47,301.00)
EDA Programs (1,392.69)
Total Expenses (60,509.86)
Fund Summaries as of March 31, 2015:
EDA Fund Balance- Fund 150-unaudited 91,061.55
Designated for Capital Programs 84,096.50
Designated for DEED Housing Projects 368.57
Undesignated 6,596.48
TIF 2-1 Millstream Shops and Lofts Fund Balance - Fund 157 18,106.19
TIF 2-2 St.Joseph Meat Market Fund Balance - Fund 158 (411.65)
Revolving Loan Fund Balance-Fund 250 41,839.11
"*Detail available upon request
l/
CITY OF ST. JOSEPH
Current Period:March 2015
YTD YTD Current
FUND Descr Account Descr Begin Yr Debit Credit Balance
FUND 150 Economic Development
Economic Development G 150-10100 Cash $109,443.65 $51,197.57 $70,079.67 $90,561.55
Economic Development G 150-10450 Interest Receivable $215.50 $0.00 $215.50 $0.00
Economic Development G 150-10700 Taxes Receivable-Delinquen $1,316.15 $0.00 $1,316.15 $0.00
Economic Development G 150-13113 Due From other Govt 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 -$6,601.63 $6,601.63 $0.00 $0.00
Economic Development G 150-20201 Salaries Payable -$35.03 $35.03 $0.00 $0.00
Economic Development G 150-22204 Deferred Inflow of Resources -$1,316.15 $1,316.15 $0.00 $0.00
Economic Development G 150-24415 Design. Fd Bal-Capital Proj -$53,041.94 $0.00 $0.00 -$53,041.94
Economic Development G 150-25310 Appropriated Fund Balance -$50,480.55 $70,295.17 $57,834.23 -$38,019.61
FUND 150 Economic Development $0.00 $129,445.55 $129,445.55 $0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream G 157-10100 Cash $17,951.81 $154.38 $0.00 $18,106.19
TIF 2-1 Millstream G 157-10450 Interest Receivable $29.72 $0.00 $29.72 $0.00
TIF 2-1 Millstream G 157-25310 Appropriated Fund Balance -$17,981.53 $29.72 $154.38 -$18,106.19
FUND 157 TIF 2-1 Millstream $0.00 $184.10 $184.10 $0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market G 158-10100 Cash $116.36 $0.66 $28.67 $88.35
TIF 2-2 Meat Market G 158-10450 Interest Receivable $0.25 $0.00 $0.25 $0.00
TIF 2-2 Meat Market G 158-20201 Salaries Payable -$17.52 $17.52 $0.00 $0.00
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 $28.92 $18.18 $411.65
FUND 158 TIF 2-2 Meat Market $0.00 $47.10 $47.10 $0.00
FUND 250 Revolving Loan Fund
Revolving Loan Fund G 250-10100 Cash $39,469.77 $2,712.89 $343.55 $41,839.11
Revolving Loan Fund G 250-10450 Interest Receivable $63.29 $0.00 $63.29 $0.00
Revolving Loan Fund G 250-11900 Notes Receivable $21,723.72 $0.00 $21,723.72 $0.00
Revolving Loan Fund G 250-22204 Deferred Inflow of Resources -$21,723.72 $21,723.72 $0.00 $0.00
Revolving Loan Fund G 250-25310 Appropriated Fund Balance -$39,533.06 $406.84 $2,712.89 -$41,839.11
FUND 250 Revolving Loan Fund $0.00 $24,843.45 $24,843.45 $0.00
$0.00 $154,520.20 $154,520.20 $0.00
!O?
edAtA.-911/4 CITY OF ST. JOSEPH
EDA Expenditure Report
Current Period:March 2015
2015 March 2015
Account Descr YTD Budget 2015 Amt YTD Amt
FUND 150 Economic Development
E 150-46500-101 Salaries $4,000.00 $382.50 $851.40
E 150-46500-103 Legislative Bodies $1,260.00 $0.00 $0.00
E 150-46500-121 PERA Contributions $0.00 $0.00 $0.57
E 150-46500-122 FICA Contributions $0.00 $23.71 $52.66
E 150-46500-123 Deferred Comp-Employer $0.00 $0.00 -$0.43
E 150-46500-125 Medicare Contributions $0.00 $5.55 $12.32
E 150-46500-151 Workers Comp.Insur.Prem. $10.00 $0.00 $0.00
E 150-46500-200 Office Supplies $500.00 $0.00 $32.14
E 150-46500-215 Software Support $540.00 $0.00 $522.33
E 150-46500-300 Professional Services $28,000.00 $2,276.39 $4,309.87
E 150-46500-303 Engineering Fee $2,000.00 $0.00 $143.10
E 15046500-304 Legal Fees $1,000.00 $324.00 $391.50
E 150-46500-321 Telephone $785.00 $66.08 $193.49
E 150-46500-322 Postage $350.00 $0.00 $0.00
E 150-46500-328 Marketing $3,000.00 $2,297.52 $157.64
E 150-46500-331 Travel&Conference Expense $150.00 $0.00 $0.00
E 150-46500-340 Advertising $500.00 $0.00 $149.58
E 150-46500-433 Dues&Memberships $5,000.00 $0.00 $5,000.00
E 150-46500-582 Computer Software $0.00 $0.00 $0.00
E 150-46500-588 EDA Programs $33,500.00 $23,497.07 $48,693.69
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 $28,872.82 $60,509.86
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 $0.00 $3.83
E 158-46500-121 PERA Contributions $30.00 $0.00 $0.29
E 158-46500-122 FICA Contributions $25.00 $0.00 $0.17
E 158-46500-123 Deferred Comp-Employer $10.00 $0.00 $0.05
E 158-46500-125 Medicare Contributions $5.00 $0.00 $0.04
E 158-46500-131 Health Insurance $60.00 $0.00 $5.37
E 158-46500-132 Dental Insurance $10.00 $0.00 $0.89
E 158-46500-133 Life Insurance $5.00 $0.00 $0.07
E 158-46500-134 Disabilty Insurance $5.00 $0.00 $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
/v
"AA.--9AA-d"Ak CITY OF ST. JOSEPH
EDA Expenditure Report
Current Period:March 2015
2015 March 2015
Account Descr YTD Budget 2015 Amt YTD Amt
FUND 158 TIF 2-2 Meat Market $570.00 $0.00 $11.15
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 $28,872.82 $60,521.01
l 11
� �f l 1 CITY OF ST. JOSEPH
EDA Revenue Report
Current Period:March 2015
2015 March 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 $23,001.00 $47,301.00
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 Eamings $1,000.00 $330.42 $747.92
Economic Development 39201 Transfers from Other Funds $0.00 $0.00 $0.00
FUND 150 Economic Development $95,595.00 $23,331.42 $48,048.92
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream 31050 Tax Increment $0.00 $0.00 $0.00
TIF 2-1 Millstream 36210 Interest Earnings $0.00 $63.58 $124.66
FUND 157 TIF 2-1 Millstream $0.00 $63.58 $124.66
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 $0.34 $0.41
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 $0.34 $0.41
FUND 250 Revolving Loan Fund
Revolving Loan Fund 36210 Interest Earnings $300.00 $142.19 $285.40
Revolving Loan Fund 39320 Revolving Loan Principal $7,095.00 $622.34 $1,862.37
Revolving Loan Fund 39321 Revolving Loan Interest $985.00 $51.21 $158.28
Revolving Loan Fund 39322 Revolving Loan Origination $0.00 $0.00 $0.00
FUND 250 Revolving Loan Fund $8,380.00 $815.74 $2,306.05
$103,975.00 $24,211.08 $50,480.04
A CITY OF ST. JOSEPH
one 4csis ct.com
CHECK
# Search Name Comments FUND DEPART Amount
001687 SENTRY BANK March bank fees-RLF pmt book 250 46500 $307.04
001687 SENTRY BANK March bank fees RLF pmt book 250 46500 $36.51
048921 BRAND BUILT HOMES,INC. CDAP draw#20[Jan 2015]E 150 46500 $13,500.00
048922 CENTURYLINK Jan/FebT1 Zine/20 sets 229#'s 150 46500 $112.33
048923 CENTURYLINK BUSINESS SERVICES Jan long distance 150 46500 $3.51
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA mtgs w/qualified cand 150 46500 $306.20
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA organizational develo 150 46500 $393.51
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA business retention 150 46500 $1,246.46
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA website 150 46500 $65.63
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA TIF 150 46500 $590.42
048958 MUNICIPAL DEVELOPMENT CORP Jan EDA marketing materials 150 46500 $327.88
048962 ST.JOSEPH NEWSLEADER,INC Feb 6 PH municipal developme 150 46500 $152.63
048962 ST.JOSEPH NEWSLEADER,INC discount 150 46500 -$3.05
048969 BRAND BUILT HOMES,INC. CDAP draw#21 Malamen/And 150 46500 $10,800.00
048985 CRABTREE COMPANIES,INC. LaserFiche service renewal 4/1 150 46500 $522.33
048990 JOVANOVICH,KADLEC&ATHMANN Jan Parkway Business Center 150 46500 $67.50
048997 SEH,INC Jan Parkway Business Center 150 46500 $143.10
049008 CENTURYLINK T1 line/20 sets 229#'s-Mar 150 46500 $61.97
049033 BRAND BUILT HOMES,INC. CDAP#22 grant[Emery/Mala 150 46500 $15,700.00
049035 CENTRAL MN HOUSING PARTNERSHIP CDAP#22 admin reimburseme 150 46500 $3,750.00
049036 CENTURYLINK BUSINESS SERVICES Feb long distance telephone 150 46500 $4.11
049040 JOVANOVICH,KADLEC&ATHMANN Feb Parkway Business Center 150 46500 $324.00
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb projects 150 46500 -$2,930.10
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-TIF 150 46500 $360.70
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-Website 150 46500 $135.37
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-Marketing materia 150 46500 $157.64
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-Mtgs w/qualified p 150 46500 $135.37
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-Business retention 150 46500 $1,262.29
049046 MUNICIPAL DEVELOPMENT CORP allocate Feb-Org development 150 46500 $878.73
049046 MUNICIPAL DEVELOPMENT CORP Feb EDA services 150 46500 $2,930.10
049049 PRECISE REFRIGERATION INC CDAP#22 grant[Uphoff final] 150 46500 $3,551.00
049050 RENGEL PRINTING,INC city marketing maps-2014 pr 150 46500 $2,139.88
$57,033.06
7
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