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HomeMy WebLinkAbout[04] Treasurer Report Park Board Agenda Item 4 CITY OF NT.JOSEPH MEETING DATE: January 30,2017 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 December 31,2016 (before year-end audit entries). 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 balances. The bottom of the summary breaks out the funds designated for the East Park development and the portion the Park Board suggested to set aside for the dog park(2016 funds only). Any contributions received for the dog park will be added to the designation for the dog park balance.One contribution was received for$1,000 in December. 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 December 2016 financial reports. St. Joseph Park Board Summary Treasurer's Report - Fund 205 December 2016 Fund 205, Park Board Balance as of December 31,2015 (Audited) 59,726.67 Year to Date Revenue: Ad Valorem Property Taxes 2,631.72 Interest Earnings 911.91 Park Dedication Fees 58,000.00 Farm Land Rent 4,500.00 Park Round Up Fees 129.08 Contributions 1,200.00 Transfers from Other Funds - Total Revenue 67,372.71 Year to Date Expenditures by Object: Staff Salaries/Training (203.32) Operating Supplies - Professional Services (500.00) Maintenance Reimbursement Al Rentals (1,024.50) Park Development (5,647.69) Total Expenses (7,375.51) Fund Summaries as of December 31,2016: Park Board Fund Balance-Fund 205-(Unaudited) 119,723.87 Designated for Dog Park 5,500.00 Designated for East Park Development 54,500.00 Amount undesignated 59,723.87 Dog Park Donations To Date: $ 1,000.00 City of St.Joseph Park Board 2016 Capital Improvement Budget Summary Adopted December 7,2015 General Funds Balance Park Dedication Cash December 31,2016 $ 119,724 (Unaudited) Adjustments Starting Balance $ 119,724 2016 General Levy-remaining $ 368 Other Revenues-remaining $ (29) Potential Protects: 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 $ 120,063 Projects-Budget 2015 ''2016 , 2017 2018 2019 2020 Total 16-20 PTR-01 (Millstream) $ 25,000 .$251800 $ - $ - $ - $ - $ 525,000 PTR-02(Northland) $ k $ - $ - $ - $ - $ PTR-03(Klinefelter) $-150;999 , ;,,„,,,,„,,,;,,r,„'„,, $ - $ - $ - $ 150,000 $ 150,000 PTR-04(Wobegon) $ x. 7 1-i - PTR-05(Memorial) $ - , $ - $ - $ - $ - $ - PTR-06(Centennial) $ - e $ - $ - $ - $ - $ - -- PTR-07(Monument) $ 307499 - 2521 f $ 250 $ 250 $ 250 $ 250 $ 26,250 PTR-08(Hollow) $ ' h $ - $ - $ - $ - $ PTR-09(Cloverdale) $ ,,,.; $ - $ - $ - $ - $ - PTR-10(East Park) $-267090 i,'„t''' $ - $ 40,800 $ - $ - $ 40,800 PTR-11 (West Park) $-267000 $ z $ - $ - $ - TBD $ PTR-12(Trails) $ 10,000 ` o9 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 50,000 PTR-13(Trees) $ 1,500 t$," 0$ $ 1,500 $ 1,500 $ 1,500 $ 1,500 $ 7,500 PTR-14(Dog Park) $ '.$ ':•; $ - $ - $ - $ - $ Total $ 266,900 °$ ; 66l,761)'i $ 11,750 $ 52,550 $ 11,750 $ 161,750 $ 799,550 Projects-Actual Spent 2015 2016 16 Snow Town Expenses: Avail.Rev PTR-01(Millstream) $ - $ - Shelter/Master Park Plan $ - $ 905 PTR-02(Northland) $ - $ 2,351 Footgolf PTR-03(Klinefelter) $ - $ 4,000 Prairie Restoration _Other 16 Expense Budget: 2016 YTD PTR-04(Wobegon) $ - $ - Dog Baggies $ 200 $ - PTR-05(Memorial) $ - $ - I A-1 Toilets $ 1,600 $ 1,025 PTR-06(Centennial) $ - $ - PTR-07(Monument) $ - $ - 2016 Revenue Budget: 2016 YTD PTR-08(Hollow) $ - $ - Interest $ 500 $ 912 PTR-09(Cloverdale) $ - $ - Round Up $ 100 $ 129 PTR-10(East Park) $ - $ - GF Levy $ 3,000 $ 2,632 PTR-11(West Park) $ - $ - Land Rent $ - $ 4,500 PTR-12(Trails) $ - $ - Transfer $ 350,000 $ - PTR-13(Trees) $ - $ - Donations $ - $ 1,200 PTR-14(Dog Park) $ - $ - Park Dedic. $ 2,000 $ 58,000 Total $ - $ 6,351 16 Millstream 5k Expenses: Avail.Rev s a . - r7 Aw i. & P $ - $ 3,024 .7 ,k. Dog Park Donations 2016 $ - $ 1,000 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 City of St. Joseph idAlAl\- Park Board Monthly Check Register Check # Search Name Comments Amount FUND DEPART OBJ 051469 WRUCK SEWER&PORTABL parks portables $94.00 205 45203 410 $94.00 ill City of St. Joseph 041L,C4A--i- Park Board Revenue �.w.� Current Period:December 2016 2016 December 2016 Account Descr YTD Budget 2016 Amt YTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes $3,000.00 $1,231.75 $2,631.72 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 $4,500.00 R 205-45203-34785 Park Round-Up Proceeds $100.00 $14.39 $129.08 R 205-45203-36210 Interest Earnings $500.00 -$476.33 $911.91 R 205-45203-36236 Contributions-Parks $0.00 $1,000.00 $1,200.00 R 205-49302-39201 Transfers from Other Funds $350,000.00 $0.00 $0.00 FUND 205 Park Dedication $355,600.00 $1,769.81 $67,372.71 $355,600.00 $1,769.81 $67,372.71 City of St. Joseph ookA„szute.,,,vv. Park Board Expenditures w.,444...f,k.r.. Current Period:December 2016 2016 December 2016 Account Descr YTD Budget 2016 Amt 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 $1,024.50 E 205-45203-531 Park Development $391,900.00 $0.00 $5,647.69 FUND 205 Park Dedication $393,700.00 $94.00 $7,375.51 $393,700.00 $94.00 $7,375.51