Loading...
HomeMy WebLinkAbout[04] Finance Report Park Board Agenda Item 4 crry[)r S'r,joseb"Ipt► MEETING DATE: October 24, 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 September 30, 2016. The enclosed report reflects the current activity and balance of the park funds. I included a summary report that breaks out the revenues and expenditures recorded in the Park Board fund, along with the current balance BUDGET/FISCAL IMPACT: Information only ATTACHMENTS: Request for Park Board Action—Financial Reports Summary Treasurer's Report Park Board Check Register Park Board Monthly Report Park Board 5-Year Capital Improvement Plan REQUESTED COUNCIL ACTION: Consider accepting the September 2016 financial reports. St. Joseph ParkBoardSummaryTreasurer'sReport - Fund 205September2016 Fund205, ParkBoard Balance asofDecember31, 2015 (Audited) 59,726.67 Year toDate Revenue: AdValorem PropertyTaxes 1,399.97InterestEarnings1,416.37ParkDedicationFees58,000.00FarmLandRent2,700.00ParkRoundUpFees87.72Contributions200.00TransfersfromOtherFunds - Total Revenue 63,804.06 Year to Date Expenditures byObject: StaffSalaries/Training (203.32) Operating Supplies - Professional Services (500.00) Maintenance Reimbursement - A1Rentals (742.50) Park Development (647.69) Total Expenses (3,093.51) FundSummariesasof September 30, 2016: ParkBoard FundBalance - Fund205 - (Unaudited) 120,437.22 Check # Search Name Comments Amount FUND DEPART OBJ 051022 WRUCK SEWER & PORTABL parks portable potties $94.00 205 45203 410 $94.00 Current Period: September 2016 Account Descr 2016 YTD Budget September 2016 Amt 2016 YTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes $3,000.00 $0.00 $1,399.97 R 205-45203-34114 Park Dedication Fees $2,000.00 $0.00 $58,000.00 R 205-45203-34784 Rents and Royalties $0.00 $0.00 $2,700.00 R 205-45203-34785 Park Round-Up Proceeds $100.00 $13.24 $87.72 R 205-45203-36210 Interest Earnings $500.00 $125.11 $1,416.37 R 205-45203-36236 Contributions - Parks $0.00 $0.00 $200.00 R 205-49302-39201 Transfers from Other Funds $350,000.00 $0.00 $0.00 $355,600.00 $138.35 $63,804.06FUND 205 Park Dedication $355,600.00 $138.35 $63,804.06 Current Period: September 2016 Account Descr 2016 YTD Budget September 2016 Amt 2016 YTD Amt FUND 205 Park Dedication E 205-45203-101 Salaries $0.00 $0.00 $145.24 E 205-45203-121 PERA Contributions $0.00 $0.00 $10.90 E 205-45203-122 FICA Contributions $0.00 $0.00 $7.99 E 205-45203-125 Medicare Contributions $0.00 $0.00 $1.87 E 205-45203-130 H S A- Employer Contribution $0.00 $0.00 $0.00 E 205-45203-131 Health Insurance $0.00 $0.00 $30.98 E 205-45203-132 Dental Insurance $0.00 $0.00 $3.70 E 205-45203-133 Life Insurance $0.00 $0.00 $0.68 E 205-45203-134 Disabilty Insurance $0.00 $0.00 $1.96 E 205-45203-171 Clothing Allowance $0.00 $0.00 $0.00 E 205-45203-210 Operating Supplies $200.00 $0.00 $0.00 E 205-45203-300 Professional Services $0.00 $0.00 $500.00 E 205-45203-302 Maintenance Reimbursement $0.00 $0.00 $0.00 E 205-45203-410 Rentals $1,600.00 $94.00 $742.50 E 205-45203-531 Park Development $391,900.00 $0.00 $1,647.69 $393,700.00 $94.00 $3,093.51FUND 205 Park Dedication $393,700.00 $94.00 $3,093.51 City of St. Joseph Park Board 2016 Capital Improvement Budget Summary Adopted December 7, 2015 General Funds Balance Park Dedication Cash September 30, 2016 120,437$ (Unaudited) Adjustments Starting Balance 120,437$ 2016 General Levy-remaining 1,600$ Other Revenues-remaining 12$ Potential Projects:Potential Proposed Millstream Cottages-phase 2 23,400$ Sunset Ridge-phase 2 - 4 lots 2,000$ CLC Development - 16 lots 8,000$ Ending Balance for 2016 122,049$ Projects - Budget 2015 2016 2017 2018 2019 2020 Total 16-20 PTR-01 (Millstream) 25,000$ 525,000$ -$ -$ -$ -$ 525,000$ PTR-02 (Northland) -$ -$ -$ -$ -$ -$ -$ PTR-03 (Klinefelter) 150,000$ -$ -$ -$ -$ 150,000$ 150,000$ PTR-04 (Wobegon) -$ -$ -$ -$ -$ -$ -$ PTR-05 (Memorial) -$ -$ -$ -$ -$ -$ -$ PTR-06 (Centennial) -$ -$ -$ -$ -$ -$ -$ PTR-07 (Monument) 30,400$ 25,250$ 250$ 250$ 250$ 250$ 26,250$ PTR-08 (Hollow) -$ -$ -$ -$ -$ -$ -$ PTR-09 (Cloverdale) -$ -$ -$ -$ -$ -$ -$ PTR-10 (East Park) 25,000$ -$ -$ 40,800$ -$ -$ 40,800$ PTR-11 (West Park) 25,000$ -$ -$ -$ -$ TBD -$ PTR-12 (Trails) 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 50,000$ PTR-13 (Trees) 1,500$ 1,500$ 1,500$ 1,500$ 1,500$ 1,500$ 7,500$ PTR-14 (Dog Park) -$ -$ -$ -$ -$ -$ -$ Total 266,900$ 561,750$ 11,750$ 52,550$ 11,750$ 161,750$ 799,550$ Projects - Actual Spent 2015 2016 Avail. Rev PTR-01 (Millstream) -$ -$ Shelter/Master Park Plan -$ 905$ PTR-02 (Northland) -$ 2,351$ Footgolf PTR-03 (Klinefelter) -$ -$ Prairie Restoration Other 16 Expense Budget:2016 YTD PTR-04 (Wobegon) -$ -$ Dog Baggies 200$ -$ PTR-05 (Memorial) -$ -$ A-1 Toilets 1,600$ 743$ PTR-06 (Centennial) -$ -$ PTR-07 (Monument) -$ -$ 2016 Revenue Budget:2016 YTD PTR-08 (Hollow) -$ -$ Interest 500$ 1,416$ PTR-09 (Cloverdale) -$ -$ Round Up 100$ 88$ PTR-10 (East Park) -$ -$ GF Levy 3,000$ 1,400$ PTR-11 (West Park) -$ -$ Land Rent -$ 2,700$ PTR-12 (Trails) -$ -$ Transfer 350,000$ -$ PTR-13 (Trees) -$ -$ Donations -$ 200$ PTR-14 (Dog Park) -$ -$ Park Dedic. 2,000$ 58,000$ Total -$ 2,351$ Other Projects:Avail. Rev Millstream Shelter 7,500$ -$ 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 16 Snow Town Expenses: 16 Millstream 5k Expenses: