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HomeMy WebLinkAbout[04] Treasurer's Report Park Board Agenda Item 4 MEETING DATE: March 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 February 28, 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 2016. Some balances include 2016 activity for the audit. The 2016 activity will be reversed out after the audit is completed. Please complete the attached Expense Sheet for your first quarter park meetings. 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 Expense Sheet REQUESTED COUNCIL ACTION: Consider accepting the February 2017 financial reports. St. Joseph Park Board Summary Treasurer's Report - Fund 205 February 2017 Fund 205, Park Board Balance as of December 31, 2016(unaudited)120,301.01 Year to Date Revenue: Ad Valorem Property Taxes16.11 Interest Earnings276.27 Park Dedication Fees- Farm Land Rent- Park Round Up Fees30.90 Contributions- Transfers from Other Funds- Total Revenue323.28 Year to Date Expenditures by Object: Staff Salaries/Training- Operating Supplies- Professional Services- Maintenance Reimbursement- A1 Rentals(153.50) Park Development- Total Expenses(153.50) Fund Summaries as of February 28, 2017: Park Board Fund Balance - Fund 205 -(Unaudited) 120,470.79 k13,000.00 Designated for Dog Par Designated for East Park Development50,000.00 Amount undesignated57,470.79 Dog Park Donations To Date:$1,000.00 Park Board Monthly Check Register Check #Search NameCommentsAmountFUNDDEPARTOBJ 000001CITY OF ST. JOSEPHcorrect reg pp 4 allocation 2-$3.1120545203125 000001CITY OF ST. JOSEPHcorrect reg pp 4 allocation 2-$13.3020545203122 000001CITY OF ST. JOSEPHcorrect reg pp 4 allocation 2-$17.7820545203121 000001CITY OF ST. JOSEPHcorrect reg pp 4 allocation 2-$237.0620545203101 051756WRUCK SEWER & PORTABLJan portable biffy parks$59.5020545203410 -$211.75 Park Board Revenue Current Period: February 2017 2017February2017 Account DescrYTD Budget2017 AmtYTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes$20,000.00$0.00$16.11 R 205-45203-34114 Park Dedication Fees$2,000.00$0.00$0.00 R 205-45203-34784 Rents and Royalties$5,400.00$0.00$0.00 R 205-45203-34785 Park Round-Up Proceeds$120.00$19.25$30.90 R 205-45203-36210 Interest Earnings$1,000.00$43.13$276.27 R 205-45203-36236 Contributions - Parks$30,000.00$0.00$0.00 R 205-49302-39201 Transfers from Other Funds$525,000.00$0.00$0.00 FUND 205 Park Dedication$583,520.00$62.38$323.28 $583,520.00$62.38$323.28 Park Board Expenditures Current Period: February 2017 2017February2017 Account DescrYTD Budget2017 AmtYTD Amt FUND 205 Park Dedication E 205-45203-101 Salaries$0.00$0.00$0.00 E 205-45203-121 PERA Contributions$0.00$0.00$0.00 E 205-45203-122 FICA Contributions$0.00$0.00$0.00 E 205-45203-125 Medicare Contributions$0.00$0.00$0.00 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$0.00 E 205-45203-132 Dental Insurance$0.00$0.00$0.00 E 205-45203-133 Life Insurance$0.00$0.00$0.00 E 205-45203-134 Disabilty Insurance$0.00$0.00$0.00 E 205-45203-171 Clothing Allowance$0.00$0.00$0.00 E 205-45203-210 Operating Supplies$0.00$0.00$0.00 E 205-45203-300 Professional Services$0.00$0.00$0.00 E 205-45203-302 Maintenance Reimbursement$0.00$0.00$0.00 E 205-45203-410 Rentals$1,600.00$59.50$153.50 E 205-45203-531 Park Development$651,750.00$0.00$0.00 FUND 205 Park Dedication$653,350.00$59.50$153.50 $653,350.00$59.50$153.50 City of St. Joseph Park Board 2017 Capital Improvement Budget Summary Adopted December 4, 2016 General FundsBalance Park Dedication Cash February 28, 2017120,332$ (Unaudited) Adjustments Starting Balance120,332$ 2017 General Levy-remaining20,000$ Other Revenues-remaining38,520$ Potential Projects:PotentialProposed Millstream Cottages-phase 223,400$ Sunset Ridge-phase 2 - 4 lots2,000$ Ending Balance for 2016178,852$ Projects - Budget201620172018201920202021Total 17-21 PTR-01 (Millstream)350,000$$ 270,000540,000$ -$ -$ -$ 810,000$ PTR-02 (Northland)-$ -$ -$ -$ -$ -$ -$ PTR-03 (Klinefelter)-$ -$ -$ -$ -$ 250,000$ 250,000$ PTR-04 (Wobegon)-$ -$ -$ -$ -$ -$ -$ PTR-05 (Memorial)-$ -$ -$ -$ -$ -$ -$ PTR-06 (Centennial)-$ -$ -$ -$ -$ -$ -$ PTR-07 (Monument)30,400$$ 25025,250$ 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$ Total391,900$ 601,250$ 291,750$ 51,750$ 11,750$ 261,750$ 1,198,250$ Projects - ActualSpent 2016201717 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 RestorationOther 17 Expenses:2017 YTD PTR-04 (Wobegon)-$ -$ A-1 Toilets1,600$ 153$ PTR-05 (Memorial)-$ -$ PTR-06 (Centennial)-$ -$ 2017 Revenue:2017 YTD PTR-07 (Monument)-$ -$ Interest1,000$ 276$ PTR-08 (Hollow)-$ -$ Round Up120$ 31$ PTR-09 (Cloverdale)-$ -$ GF Levy20,000$ 16$ PTR-10 (East Park)-$ -$ Land Rent5,400$ -$ PTR-11 (West Park)-$ -$ Transfer525,000$ -$ PTR-12 (Trails)-$ -$ Donations30,000$ -$ PTR-13 (Trees)-$ -$ Park Dedic.2,000$ -$ PTR-14 (Dog Park)-$ -$ Total8,851$ -$ 17 Millstream 5k Expenses:Avail. Rev Other Projects:< 20172017$ 3,024-$ Millstream Shelter10,000$ Park Plan Update11,500$ Dog Park Donations$ 2,016 $ 1,000-$ In 2015, the Park Board requested updating the Master Park Planlast 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 St Joseph Park Board Expense Report _Pay Period: Name: _________________________________ DateEventLocationMtg # Reimbursement Park Board Meeting Park Board Meeting Park Board Meeting Total CERTIFICATION:IDECLARETHATTHISTIMESHEETISATRUEANDCORRECTSTATEMENT OFMEETINGSWORKEDANDTHATNOPARTOFITHASBEENPAID. SignedDate