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HomeMy WebLinkAbout[04] Treasurer's Report Park Board Agenda Item 4 crry[)r S'r:joseb"Ipt► MEETING DATE: February 27, 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 January 31, 2017. 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. 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 January 2017 financial reports. Park Board Revenue cvownt Period:January 2V17 2017 January 2017 Account Descr YTD Budget 2017 Amt YTD Amt FUND 205 Park Dedication R305-15203-310lUCurrent AdValorem Taxes $20,000.00 $16.11 $10.1I R305-15203-341l4Park Dedication Fees $3,000.00 $0.00 $0.00 R305-15203-31784Rents and Royalties $5,400.00 $0.00 $0.00 RJO5-452OJ-J4785Park Round-Up Proceeds $130.00 $11.65 $11.65 RJO5-452OJ-JhJ10Interest Earnings $1,000.00 $333.14 $233.14 RJO5-452OJ-JhJ3hContributions Parks $30,000.00 $0.00 $0.00 RJO5-493O3-J9JO1Transfers from Other Funds FUND 205 Park Dedication $583,520.00 $300.90 $260.90 $583,520.00 $260.90 $260.90 Park Board Expenditures cvownt Period:January2V17 2017 January 2017 Account Descr YTD Budget 2017 Amt YTD Amt FUND 205 Park Dedication E 205-45203-101 Salaries $0.00 $0.00 $0.00 E 205-15303-13lPERAContributions $0.00 $0.00 $0.00 E 205-15303-132FICA Contributions $0.00 $0.00 $0.00 E2O5-45JOJ-1J5Medicare Contributions $0.00 $0.00 $0.00 E2O5-45JOJ-1]OH3A-Employer Contribution $0.00 $0.00 $0.00 E2O5-45JOJ-1]1 Health Insurance $0.00 $0.00 $0.00 E2O5-45JOJ-1]2Dental Insurance $0.00 $0.00 $0.00 E2O5-45JOJ-1]3Life Insurance $0.00 $0.00 $0.00 E2O5-45JOJ-1]4Disobi|LyInsurance $0.00 $0.00 $0.00 E2O5-45JOJ-171 Clothing Allowance $0.00 $0.00 $0.00 E285-15Z83-218Operating Supplies $8.00 $0.88 $0.88 E285-15Z83-388Professional Sen|cey $8.00 $0.88 $0.88 E285-15Z83-382Maintenance Reimbursement $8.00 $0.88 $0.88 E285-15Z83-118Rentals $1,088.80 $94.88 $94.88 E285-15Z83-531 Park Development $0.00 FUND 205 Park Dedication $053,358.80 $94.88 $94.88 $053,350.00 $94.00 $94.00 City of St. Joseph Check # Search Name Comments Amount FUND DEPART OBI 051582 WRUCK SEWER&PORTABL Dec parks portable potty $94.00 205 45203 410 $94.00 St. Joseph Park Board Summary Treasurer's Report - Fund 205 January 2017 Fund 205, Park Board Balance as of December 31, 2016 (unaudited) 119,843.92 Year to Date Revenue: Ad Valorem Property Taxes 16.11 Interest Earnings 233.14 Park Dedication Fees - Farm Land Rent - Park Round Up Fees 11.65 Contributions - Transfers from Other Funds - Total Revenue 260.90 Year to Date Expenditures by Object: Staff Salaries/Training - Operating Supplies - Professional Services - Maintenance Reimbursement - A1 Rentals (94.00) Park Development - Total Expenses (94.00) Fund Summaries as of January 31, 2017: Park Board Fund Balance -Fund 205- (Unaudited) 120,010.82 Designated for Dog Park 13,000.00 Designated for East Park Development 50,000.00 Amount undesignated 57,010.82 Dog Park Donations To Date: $ 1,000.00 City of St. Joseph Park Board 2017 Capital Improvement Budget Summary Adopted December 4,2016 General Funds Balance Park Dedication Cash January 31,2017 $ 119,977 (Unaudited) Adjustments Starting Balance $ 119,977 2017 General Levy-remaining $ 20,000 Other Revenues-remaining $ 38,520 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 $ 178,497 Projects-Budget 2016 2017 2018 2019 2020 2021 Total 17-21 PTR-01 (Millstream) $ 350,008 $ 540,000 $ 270,000 $ $ - $ $ 810,000 PTR-02(Northland) $ - $ - $ - $ $ $ $ - PTR-03(Klinefelter) $ $ $ $ $ $ 250,000 $ 250,000 PTR-04(Wobegon) $ $ $ $ $ $ - $ - PTR-05(Memorial) $ $ $ $ $ $ $ PTR-06(Centennial) $ $ $ $ $ $ $ PTR-07(Monument) $ 39;408 $ 25,250 $ 250 $ 250 $ 250 $ 250 $ 26,250 PTR-08(Hollow) $ - $ - $ - $ - $ - $ - $ - PTR-09(Cloverdale) $ $ - $ - $ - $ $ $ - PTR-10(East Park) $ $ 4,500 $ 10,000.00 $ 40,000 $ $ $ 54,500 PTR-11 (West Park) $ $ - $ - $ - $ 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) $ - $ 20,000 $ 15,000 $ - $ - $ - $ 35,000 Total $ 391,900 $ 601,250 $ 291,750 $ 51,750 $ 11,750 $ 261,750 $1,198,250 Projects-Actual Spent 2016 2017 17 Snow Town Expenses: Avail.Rev PTR-01(Millstream) $ 2,500 $ - Millstream Shelter $ - $ 905 PTR-02(Northland) $ 2,351 $ Footgolf PTR-03(Klinefelter) $ 4,000 $ Prairie Restoration Other 17 Expenses: 2017 YTD PTR-04(Wobegon) $ - $ A-1 Toilets $ 1,600 $ 94 PTR-05(Memorial) $ $ PTR-06(Centennial) $ $ 2017 Revenue: 2017 YTD PTR-07(Monument) $ $ Interest $ 1,000 $ 233 PTR-08(Hollow) $ $ Round Up $ 120 $ 12 PTR-09(Cloverdale) $ $ GF Levy $ 20,000 $ 16 PTR-10(East Park) $ $ Land Rent $ 5,400 $ - PTR-11(West Park) $ $ Transfer $ 525,000 $ PTR-12(Trails) $ $ Donations $ 30,000 $ PTR-13(Trees) $ $ Park Dedic. $ 2,000 $ PTR-14(Dog Park) $ $ Total $ 8,851 $ 17 Millstream 5k Expenses: Avail.Rev Other Projects: <2017 2017 $ $ 3,024 Millstream Shelter $ 10,000 Park Plan Update $ 11,500 Dog Park Donations $ 2,016 $ 1$ 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 PARKA