HomeMy WebLinkAbout[04b] Finance Report Park Board Agenda Item 4 (
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MEETING DATE: July 25, 2016
AGENDA ITEM: Finance Report
SUBMITTED BY: Finance
BOARD/COMMISSION/COMMITTEE/COUNCIL RECOMMENDATION: N/A
PREVIOUS PARK BOARD ACTION: None
BACKGROUND INFORMATION: Enclosed you will find the reconciled financial reports through
June 30, 2016. The enclosed report reflects the current activity and balance of the park funds.
The City Council will be reviewing the 5-year project plans with the budget discussions the next couple
months. I am including the Park Board capital budget worksheets in this packet to help facilitate the
Park Board's discussion of project priorities. Please provide an update after your meeting to ensure the
Council can look at all capital requests coming up.
BUDGET/FISCAL IMPACT: Information only
ATTACHMENTS: Request for Park Board Action—Financial Reports
Summary Treasurer's Report
Park Board Balance Sheet
Park Board Check Register
Park Board Revenue Report
Park Board Expenditure Report
Park Board 5-Year Capital Improvement Plan
REQUESTED COUNCIL ACTION: Consider accepting the June 2016 financial reports and discuss 5-
year capital project priorities.
07/07/16 3:22 PM
CITY OF ST. JOSEPH
Page 1
Park Board Balance Sheet
Current Period: June 2016
MTDMTDYTDYTDCurrent
Account DescrBegin YrDebitCreditDebitCreditBalance
FUND 205 Park Dedication
G 205-10100 Cash$59,507.60$4,006.18$270.11$63,040.69$2,811.51$119,736.78
G 205-10450 Interest Receivable$123.71$0.00$0.00$0.00$123.71$0.00
G 205-10500 Accounts Receivable$30.19$0.00$0.00$0.00$30.19$0.00
G 205-13113 Due From other Gov t Units$65.17$0.00$0.00$0.00$65.17$0.00
G 205-20200 Accounts Payable$0.00$0.00$0.00$0.00$0.00$0.00
G 205-25310 Appropriated Fund Balance-$59,726.67$270.11$4,006.18$3,030.58$63,040.69-$119,736.78
FUND 205 Park Dedication$0.00$4,276.29$4,276.29$66,071.27$66,071.27$0.00
$0.00$4,276.29$4,276.29$66,071.27$66,071.27$0.00
07/07/16 3:22 PM
CITY OF ST. JOSEPH
Page 1
Park Board Monthly Check Register
Check
#Search NameCommentsAmountFUNDDEPARTOBJ
050659NORTH STAR SIGNS & ENGFootgolf signs$140.0020545203531
050667WRUCK SEWER & PORTABLportable toilets-parks$94.0020545203410
$234.00
07/07/16 3:23 PM
CITY OF ST. JOSEPH
Page 1
Park Board Revenue
Current Period: June 2016
2016 YTDJune2016% of
Account DescrBudget2016 AmtYTD AmtBalanceBudget
FUND 205 Park Dedication
R 205-45203-31010 Current Ad Valor$3,000.00$979.78$979.78$1,600.0346.67%
R 205-45203-34114 Park Dedication $2,000.00$0.00$58,000.00-$56,000.002900.00%
R 205-45203-34784 Rents and Royalt$0.00$2,700.00$2,700.00-$2,700.000.00%
R 205-45203-34785 Park Round-Up P$100.00$8.33$45.52$53.9246.08%
R 205-45203-36210 Interest Earnings$500.00$118.07$896.32-$396.32179.26%
R 205-45203-36236 Contributions - P$0.00$200.00$200.00-$200.000.00%
R 205-49302-39201 Transfers from O$350,000.00$0.00$0.00$350,000.000.00%
FUND 205 Park Dedication$355,600.00$4,006.18$62,821.62$292,357.63
$355,600.00$4,006.18$62,821.62$292,357.63
07/07/16 3:22 PM
CITY OF ST. JOSEPH
Page 1
Park Board Expenditures
Current Period: June 2016
2016 YTDJune2016
Account DescrBudget2016 AmtYTD AmtBalance
FUND 205 Park Dedication
E 205-45203-101 Salaries$0.00$25.64$145.24-$145.24
E 205-45203-121 PERA Contributions$0.00$1.93$10.90-$10.90
E 205-45203-122 FICA Contributions$0.00$1.43$7.99-$7.99
E 205-45203-125 Medicare Contributi$0.00$0.34$1.87-$1.87
E 205-45203-130 H S A- Employer Co$0.00$0.00$0.00$0.00
E 205-45203-131 Health Insurance$0.00$6.05$30.98-$30.98
E 205-45203-132 Dental Insurance$0.00$0.72$3.70-$3.70
E 205-45203-133 Life Insurance$0.00$0.00$0.68-$0.68
E 205-45203-134 Disabilty Insurance$0.00$0.00$1.96-$1.96
E 205-45203-171 Clothing Allowance$0.00$0.00$0.00$0.00
E 205-45203-210 Operating Supplies$200.00$0.00$0.00$200.00
E 205-45203-300 Professional Service$0.00$0.00$500.00-$500.00
E 205-45203-302 Maintenance Reimb$0.00$0.00$0.00$0.00
E 205-45203-410 Rentals$1,600.00$94.00$460.50$1,139.50
E 205-45203-531 Park Development$391,900.00$140.00$1,647.69$390,252.31
FUND 205 Park Dedication$393,700.00$270.11$2,811.51$390,888.49
$393,700.00$270.11$2,811.51$390,888.49
City of St. Joseph Park Board
2016 Capital Improvement Budget Summary
Adopted December 7, 2015
General FundsBalance
Park Dedication Cash June 30, 2016119,737$
(Unaudited)
Adjustments
Starting Balance119,737$
2016 General Levy-remaining1,600$
Other Revenues-remaining54$
Potential Projects:PotentialProposed
Millstream Cottages-phase 223,400$
Sunset Ridge-phase 2 - 4 lots2,000$
CLC Development - 16 lots8,000$
Ending Balance for 2016121,391$
Projects - Budget201520162017201820192020Total 16-20
PTR-01 (Millstream)25,000$ $ 350,000$ --$ -$ -$ 350,000$
PTR-02 (Northland)-$ $ -$ -200,000$ -$ -$ 200,000$
PTR-03 (Klinefelter)150,000$$ -$ 150,000-$ -$ -$ 150,000$
PTR-04 (Wobegon)-$ $ -$ --$ -$ -$ -$
PTR-05 (Memorial)-$ $ -$ --$ -$ -$ -$
PTR-06 (Centennial)-$ $ -$ --$ -$ -$ -$
PTR-07 (Monument)30,400$$ 400$ 400400$ 400$ 400$ 2,000$
PTR-08 (Hollow)-$ $ -$ --$ -$ -$ -$
PTR-09 (Cloverdale)-$ $ -$ --$ -$ -$ -$
PTR-10 (East Park)25,000$$ -$ --$ -$ -$ -$
PTR-11 (West Park)25,000$$ -$ --$ -$ TBD-$
PTR-12 (Trails)10,000$ $ 10,000$ 10,00010,000$ 10,000$ 10,000$ 50,000$
PTR-13 (Trees)1,500$ $ 1,500$ 1,5001,500$ 1,500$ 1,500$ 7,500$
PTR-14 (Dog Park)-$ $ -$ --$ -$ -$ -$
Total266,900$ $ 361,900$ 161,900211,900$ 11,900$ 11,900$ 759,500$
Projects - ActualSpent 2015201616 Snow Town Expenses:Avail. Rev
PTR-01 (Millstream)-$ -$ Shelter/Master Park Plan$ 905-$
PTR-02 (Northland)-$ 2,351$ Footgolf
PTR-03 (Klinefelter)-$ -$ Prairie RestorationOther 16 Expense Budget:2016 YTD
PTR-04 (Wobegon)-$ -$ Dog Baggies200$ -$
PTR-05 (Memorial)-$ -$ A-1 Toilets1,600$ 461$
PTR-06 (Centennial)-$ -$
PTR-07 (Monument)-$ -$ 2016 Revenue Budget:2016 YTD
PTR-08 (Hollow)-$ -$ Interest500$ 896$
PTR-09 (Cloverdale)-$ -$ Round Up100$ 46$
PTR-10 (East Park)-$ -$ GF Levy3,000$ 1,400$
PTR-11 (West Park)-$ -$ Land Rent-$ 2,700$
PTR-12 (Trails)-$ -$ Transfer350,000$ -$
PTR-13 (Trees)-$ -$ Donations-$ 200$
PTR-14 (Dog Park)-$ -$ Park Dedic.2,000$ 58,000$
Total-$ 2,351$
Other Projects:16 Millstream 5k Expenses:Avail. Rev
Millstream Shelter7,500$ $ 3,024-$
Park Plan Update-$ 11,500$
In 2015, the Park Board requested updating the Master Park Plan last completed in 2008.
Donations for Aquatics Facility being received.
Community Center - Park Board suggests adding $40,000 to the 2017 budget for programming.
Millstream Shelter - Council approved using $7,500 half cent sales tax funding in 2015
Millstream Shelter - Council approved using $2,500 excess bldg permit revenue in 2016