HomeMy WebLinkAbout[04] Finance Report
Park Board Agenda Item 4
MEETING DATE: July 24, 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
June 30, 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. The
th
dog park donors through July 5 are as follows:
St. Joseph Lion’s $1,747.37 Cold Spring Vet $510
Country Manor $250 Home Town Title $250
Brian Loxtercamp $20 St. Joseph Jaycees $250
St. Joseph Y2K Lion’s $592.25 Travis & Alysia Mick $150
Pat & Mark Ditlevson $50 Amy Braid-Lindstrom $500
Anonymous $705.65
The City is working on the 2018 budget. It will be good to start prioritizing the Park Board
recommendations for 2018, including recreational activities. The Council will look for your formal
recommendations in September.
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 June 2017 financial reports.
St. Joseph Park Board
Summary Treasurer's Report - Fund 205
June 2017
Fund 205, Park Board Balance as of December 31, 2016(Audited)
120,301.01
Year to Date Revenue:
Ad Valorem Property Taxes6,296.37
Interest Earnings335.42
Park Dedication Fees-
Farm Land Rent1,060.00
Park Round Up Fees62.59
Contributions4,025.27
Transfers from Other Funds-
Total Revenue11,779.65
Year to Date Expenditures by Object:
Staff Salaries/Training-
Operating Supplies-
Professional Services(7,202.82)
Maintenance Reimbursement-
A1 Rentals(375.13)
Real Estate Taxes(4,014.00)
Park Development-
Total Expenses(11,591.95)
Fund Summaries as of June 30, 2017:
Park Board Fund Balance - Fund 205 -(Unaudited)
120,488.71
Designated for Dog Park18,025.27
Designated for East Park Development47,046.00
Amount undesignated55,417.44
Dog Park Donations To Date:$5,025(throuh 7/5/17)
Check
#Search NameCommentsAmountFUNDDEPARTOBJ
052232WRUCK SEWER & PORTABLportable toilets - parks$94.0020545203410
$94.00
MTDMTDYTDYTDCurrent
Account DescrBegin YrDebitCreditDebitCreditBalance
FUND 205 Park Dedication
G 205-10100 Cash$120,162.18$8,625.32$94.00$12,366.86$12,040.33$120,488.71
G 205-10450 Interest Receivable$184.42$0.00$0.00$0.00$184.42$0.00
G 205-10500 Accounts Receivable$32.30$0.00$0.00$0.00$32.30$0.00
G 205-13113 Due From other Gov t Units$16.11$0.00$0.00$0.00$16.11$0.00
G 205-20200 Accounts Payable-$94.00$0.00$0.00$94.00$0.00$0.00
G 205-25310 Unassigned Fund Balance-$120,301.01$94.00$8,625.32$12,273.16$12,460.86-$120,488.71
FUND 205 Park Dedication$0.00$8,719.32$8,719.32$24,734.02$24,734.02$0.00
$0.00$8,719.32$8,719.32$24,734.02$24,734.02$0.00
2017June2017
Account DescrYTD Budget2017 AmtYTD Amt
FUND 205 Park Dedication
R 205-45203-31010 Current Ad Valorem Taxes$20,000.00$6,296.37$6,296.37
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$1,060.00
R 205-45203-34785 Park Round-Up Proceeds$120.00$19.64$62.59
R 205-45203-36210 Interest Earnings$1,000.00$156.29$335.42
R 205-45203-36236 Contributions - Parks$30,000.00$2,153.02$4,025.27
R 205-49302-39201 Transfers from Other Funds$525,000.00$0.00$0.00
FUND 205 Park Dedication$583,520.00$8,625.32$11,779.65
$583,520.00$8,625.32$11,779.65
2017June2017
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$7,202.82
E 205-45203-302 Maintenance Reimbursement$0.00$0.00$0.00
E 205-45203-410 Rentals$1,600.00$94.00$375.13
E 205-45203-437 Real Estate Taxes$0.00$0.00$4,014.00
E 205-45203-531 Park Development$651,750.00$0.00$0.00
FUND 205 Park Dedication$653,350.00$94.00$11,591.95
$653,350.00$94.00$11,591.95
Millstream Shelter
Footgolf
Prairie Restoration
thru 7/5/17