HomeMy WebLinkAbout[05a] April Financial ReportsDATE: May 19, 2015
MEMO TO:St. Joseph Economic Development Authority
FROM: Cynthia Smith-StrackMunicipal Development Group
Administrator
Judy Weyrens
RE: Accounts Payable
April 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. Apr. Econ. Dev. Service 150-46500-300 $3,037.62
Dale Wick
Total $ 3,037.62
EDA
*Plus invoices noted on enclosed check register.
Doug Danielson
Larry Hosch
As of April 30, 2015 a total of 156.75 hours of service have been provided.
Gary Osberg
Action:
Rick Schultz
A MOTION is in order to approve the Accounts Payable.
Dale Wick
B. Financial Report:
Aprilfinancial reportsare attachedfor 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.
Page 4 of 47
INVOICE
MDG,I.
UNICIPAL EVELOPMENT ROUPNC
25562 WILLOW LANE
NEW PRAGUE, MN 56071
City of St. Joseph
952-758-7399
Attn: Judy Weyrens
FAX: 952-758-3711
City Administrator
staff@municipaldevelopmentgroup.com
PO 668
St. Joseph, MN 56374
Invoice Date 5-10-15Payment TermsCustomer ID #:
: 30 days
STJ15EDA
Project AprEconomicDevelopment Services
Amount:
$2,500.00 Monthly contract fee
$ 537.62 935miles x .575
$3,037.62
Code to: 150-46500-300 for general EDA
Remit To
: Municipal Development Group, Inc.
25562 Willow Lane
New Prague, MN 56071
Dates-EDA Hours
April 1,2015EDA Office Hours: C. Strack 8.00 Hours
April 8,2015EDA Office Hours: C. Strack8.00Hours
April 15,2015EDA Office Hours: C. Strack8.00Hours
April22,2015EDA Office Hours: C. Strack8.50Hours
April 29,2015EDA Office Hours: C. Strack8.00Hours
Total April201540.50Hours
Total Contract Hours April30,2015:156.25Hours
Thank you! We appreciated the opportunity to work with you!
Cynthia Smith-Strack
Check No.__________________
Date
: ______________________
Cynthia Smith-Strack, PrincipalMDG
Page 5 of 47
** Detail available upon request
Page 6 of 47
05/05/15 3:50 PM
CITY OF ST. JOSEPH
Page 1
EDA Balance Sheet
Current Period: April 2015
YTDYTDCurrent
FUND DescrAccount DescrBegin YrDebitCreditBalance
FUND 150 Economic Development
Economic DevelopmentG 150-10100 Cash$109,443.65$57,170.85$80,501.29$86,113.21
Economic DevelopmentG 150-10450 Interest Receivable$215.50$0.00$215.50$0.00
Economic DevelopmentG 150-10700 Taxes Receivable - Delinquen$1,316.15$0.00$1,316.15$0.00
Economic DevelopmentG 150-13113 Due From other Gov t Units$0.00$0.00$0.00$0.00
Economic DevelopmentG 150-15500 Due From Other Fund$500.00$0.00$0.00$500.00
Economic DevelopmentG 150-20200 Accounts Payable-$6,601.63$6,601.63$0.00$0.00
Economic DevelopmentG 150-20201 Salaries Payable-$35.03$35.03$0.00$0.00
Economic DevelopmentG 150-22204 Deferred Inflow of Resources-$1,316.15$1,316.15$0.00$0.00
Economic DevelopmentG 150-24415 Design. Fd Bal - Capital Proj-$53,041.94$0.00$0.00-$53,041.94
Economic DevelopmentG 150-25310 Appropriated Fund Balance-$50,480.55$80,716.79$63,807.51-$33,571.27
FUND 150 Economic Development$0.00$145,840.45$145,840.45$0.00
FUND 152 TIF 3-1 CMCU
TIF 3-1 CMCUG 152-10100 Cash$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-10450 Interest Receivable$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-25310 Appropriated Fund Balance$0.00$0.00$0.00$0.00
FUND 152 TIF 3-1 CMCU$0.00$0.00$0.00$0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 MillstreamG 157-10100 Cash$17,951.81$163.31$0.00$18,115.12
TIF 2-1 MillstreamG 157-10450 Interest Receivable$29.72$0.00$29.72$0.00
TIF 2-1 MillstreamG 157-25310 Appropriated Fund Balance-$17,981.53$29.72$163.31-$18,115.12
FUND 157 TIF 2-1 Millstream$0.00$193.03$193.03$0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat MarketG 158-10100 Cash$116.36$0.70$28.67$88.39
TIF 2-2 Meat MarketG 158-10450 Interest Receivable$0.25$0.00$0.25$0.00
TIF 2-2 Meat MarketG 158-20201 Salaries Payable-$17.52$17.52$0.00$0.00
TIF 2-2 Meat MarketG 158-20500 Due To Other Fund-$500.00$0.00$0.00-$500.00
TIF 2-2 Meat MarketG 158-25310 Appropriated Fund Balance$400.91$28.92$18.22$411.61
FUND 158 TIF 2-2 Meat Market$0.00$47.14$47.14$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat
TIF 2-3 Bayou Blues/AllG 159-10100 Cash$0.00$0.00$0.00$0.00
TIF 2-3 Bayou Blues/AllG 159-10450 Interest Receivable$0.00$0.00$0.00$0.00
TIF 2-3 Bayou Blues/AllG 159-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 2-3 Bayou Blues/AllG 159-25310 Appropriated Fund Balance$0.00$0.00$0.00$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat$0.00$0.00$0.00$0.00
FUND 250 Revolving Loan Fund
Revolving Loan FundG 250-10100 Cash$39,469.77$3,409.75$343.55$42,535.97
Revolving Loan FundG 250-10450 Interest Receivable$63.29$0.00$63.29$0.00
Revolving Loan FundG 250-11900 Notes Receivable$21,723.72$0.00$21,723.72$0.00
Revolving Loan FundG 250-22204 Deferred Inflow of Resources-$21,723.72$21,723.72$0.00$0.00
Revolving Loan FundG 250-25310 Appropriated Fund Balance-$39,533.06$406.84$3,409.75-$42,535.97
FUND 250 Revolving Loan Fund$0.00$25,540.31$25,540.31$0.00
$0.00$171,620.93$171,620.93$0.00
Page 7 of 47
05/05/15 3:51 PM
CITY OF ST. JOSEPH
Page 1
EDA Expenditure Report
Current Period: April 2015
2015April2015
Account DescrYTD Budget2015 AmtYTD Amt
FUND 150 Economic Development
E 150-46500-101 Salaries$4,000.00$453.75$1,305.15
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$28.13$80.79
E 150-46500-123 Deferred Comp-Employer$0.00$0.00-$0.43
E 150-46500-125 Medicare Contributions$0.00$6.57$18.89
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$6,185.26$10,495.13
E 150-46500-303 Engineering Fee$2,000.00$0.00$143.10
E 150-46500-304 Legal Fees$1,000.00$0.00$391.50
E 150-46500-321 Telephone$785.00$72.97$266.46
E 150-46500-322 Postage$350.00$0.00$0.00
E 150-46500-328 Marketing$3,000.00$0.00$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-$2,255.16$46,438.53
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$4,491.52$65,001.38
FUND 152 TIF 3-1 CMCU
E 152-46500-300 Professional Services$0.00$0.00$0.00
E 152-46500-340 Advertising$0.00$0.00$0.00
E 152-46500-622 TIF/Abatement Payments$0.00$0.00$0.00
E 152-49300-720 Transfers to Other Funds$0.00$0.00$0.00
FUND 152 TIF 3-1 CMCU$0.00$0.00$0.00
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
Page 8 of 47
05/05/15 3:51 PM
CITY OF ST. JOSEPH
Page 2
EDA Expenditure Report
Current Period: April 2015
2015April2015
Account DescrYTD Budget2015 AmtYTD Amt
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
FUND 158 TIF 2-2 Meat Market$570.00$0.00$11.15
FUND 159 TIF 2-3 Bayou Blues/Alley Flat
E 159-46500-300 Professional Services$0.00$0.00$0.00
E 159-46500-340 Advertising$0.00$0.00$0.00
E 159-46500-622 TIF/Abatement Payments$0.00$0.00$0.00
E 159-49300-720 Transfers to Other Funds$0.00$0.00$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat$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 250-46500-455 Revolving Loan Proceeds$0.00$0.00$0.00
FUND 250 Revolving Loan Fund$0.00$0.00$0.00
$131,735.00$4,491.52$65,012.53
Page 9 of 47
05/05/15 3:51 PM
CITY OF ST. JOSEPH
Page 1
EDA Revenue Report
Current Period: April 2015
2015April2015
FUND DescrSOURCESOURCE DescrYTD Budget2015 AmtYTD Amt
FUND 150 Economic Development
Economic Development31010Current Ad Valorem Taxes$94,595.00$0.00$0.00
Economic Development33160Federal Grants - Other$0.00$0.00$47,301.00
Economic Development34150TIF/MIF Deposit$0.00$0.00$0.00
Economic Development34200DEED Housing Reimbursem$0.00$0.00$0.00
Economic Development36210Interest Earnings$1,000.00$43.18$791.10
Economic Development39201Transfers from Other Funds$0.00$0.00$0.00
FUND 150 Economic Development$95,595.00$43.18$48,092.10
FUND 152 TIF 3-1 CMCU
TIF 3-1 CMCU31050Tax Increment$0.00$0.00$0.00
TIF 3-1 CMCU36210Interest Earnings$0.00$0.00$0.00
FUND 152 TIF 3-1 CMCU$0.00$0.00$0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 Millstream31050Tax Increment$0.00$0.00$0.00
TIF 2-1 Millstream36210Interest Earnings$0.00$8.93$133.59
FUND 157 TIF 2-1 Millstream$0.00$8.93$133.59
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat Market31050Tax Increment$0.00$0.00$0.00
TIF 2-2 Meat Market36210Interest Earnings$0.00$0.04$0.45
TIF 2-2 Meat Market39201Transfers from Other Funds$0.00$0.00$0.00
FUND 158 TIF 2-2 Meat Market$0.00$0.04$0.45
FUND 159 TIF 2-3 Bayou Blues/Alley Flat
TIF 2-3 Bayou Blues/Alley Fla31050Tax Increment$0.00$0.00$0.00
TIF 2-3 Bayou Blues/Alley Fla36210Interest Earnings$0.00$0.00$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat$0.00$0.00$0.00
FUND 250 Revolving Loan Fund
Revolving Loan Fund36210Interest Earnings$300.00$20.31$305.71
Revolving Loan Fund39201Transfers from Other Funds$0.00$0.00$0.00
Revolving Loan Fund39320Revolving Loan Principal$7,095.00$626.89$2,489.26
Revolving Loan Fund39321Revolving Loan Interest$985.00$49.66$207.94
Revolving Loan Fund39322Revolving Loan Origination $0.00$0.00$0.00
FUND 250 Revolving Loan Fund$8,380.00$696.86$3,002.91
$103,975.00$749.01$51,229.05
Page 10 of 47
05/05/15 3:51 PM
CITY OF ST. JOSEPH
Page 1
EDA Check Register
CHECK
#Search NameCommentsFUNDDEPARTAmount
049101BRIGGS AND MORGANBayou Alley/Flats TIF Plan revi15046500$4,000.00
049123CENTURYLINKT1 line/20 sets 229 #'s15046500$61.97
049124CENTURYLINK BUSINESS SERVICESlong distance telephone15046500$3.43
049160MUNICIPAL DEVELOPMENT CORPallocate March -TIF15046500$74.43
049160MUNICIPAL DEVELOPMENT CORPallocate March -BFA loans15046500$273.09
049160MUNICIPAL DEVELOPMENT CORPallocate March -mtgs w/qualifi15046500$397.32
049160MUNICIPAL DEVELOPMENT CORPallocate March -marketing mat15046500$198.66
049160MUNICIPAL DEVELOPMENT CORPallocate March -business retent15046500$1,191.96
049160MUNICIPAL DEVELOPMENT CORPallocate March -organizational 15046500$794.64
049160MUNICIPAL DEVELOPMENT CORPallocate March services15046500-$2,930.10
049160MUNICIPAL DEVELOPMENT CORPeda contract hours-Mar15046500$2,930.10
049206CENTURYLINK BUSINESS SERVICESlong distance telephone-April15046500$7.57
$7,003.07
Page 11 of 47
Bayou
CMCU,
(0.00)
1,700.0043,759.0018,405.449,210.8010,276.4281,651.66240,003.00
83,351.6
6
Balance
2015
(6,821.71)
(6,014.02)(534.60)(273.09)(6,821.71)(47,301.00)
4/30
ReserveBudgetTransfersSpent
Balance201520152015
4/30through
2,568.251,266.56165.194,000.00
4,000.0
0
through
ED
A
18,500.0012,000.003,000.0033,500.00
33,500.0
0
Plan
2014
Expenditures
Improvement
Budge
t
4,
47
of
December
(731.96)(165.19)
12
12/31/2014
1,700.0025,259.009,851.219,210.807,549.5150,973.37287,304.00
CIP
52,673.3
Available
7
Page
CapitalFinal
Capital
Adopted
2015
2015
2013 CDBG Grant Development
Fund
Business Demolition Program
CSAH 2/3 Collection Street
General
Business Development/TIF
Parkway Business Center
BFA Grant/Loan Program
Equipment
Rental Conversions
Let's Go Downtown
Computer Software
EDA-1301EDA-1302
CodeNumber
EDA-130EDA-130EDA-130EDA-130EDA-130EDA-130EDA-130
Project
7783459
150-46500-582EDA150-46500-588
DepartmentAccount
TOTAL EDA CIP
Project
A
ED
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Page 2 of 47