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HomeMy WebLinkAbout[04] Treasurer's Report Park Board Agenda Item 4 MEETING DATE: October 23, 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 September 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 st dog park donors through September 30 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 Braig-Lindstrom $500 Anonymous $779.69 Pavers - Borgert $1,119 Michael Tangredi $10 Coborns $10 North Star Signs $250 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 September 2017 financial reports. Also, rd please complete the attached expense sheet for your 3 quarter meeting stipends. St. Joseph Park Board Summary Treasurer's Report - Fund 205 September 2017 Fund 205, Park Board Balance as of December 31, 2016 (Audited)120,301.01 Year to Date Revenue: Ad Valorem Property Taxes 8,994.81 Interest Earnings 859.81 Park Dedication Fees - Farm Land Rent 1,060.00 Park Round Up Fees 101.76 Contributions 4,302.27 Transfers from Other Funds - Total Revenue 15,318.65 Year to Date Expenditures by Object: Staff Salaries/Training (400.86) Operating Supplies - Professional Services (8,235.00) Maintenance Reimbursement - A1 Rentals (657.13) Real Estate Taxes (4,014.00) Park Development (14,728.00) Total Expenses (28,034.99) Fund Summaries as of September 30, 2017: Park Board Fund Balance - Fund 205 -(Unaudited)107,584.67 Designated for Dog Park 3,173.41 Designated for East Park Development 46,611.00 Amount undesignated 57,800.26 $5,339 (throuh 10/3/17) Pavers/Treats donated $1,149 $6,488 Dog Park Donations To Date: Check #Search NameCommentsAmountFUNDDEPARTOBJ 052529OBERG FENCING, INCdog park fencing$13,968.0020545203531 052559NORTH STAR SIGNS & ENGDog park sign$400.0020545203531 052605WRUCK SEWER & PORTABLportable toilets - parks$94.0020545203410 $14,462.00 2017September2017 Account DescrYTD Budget2017 AmtYTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes$20,000.00$0.00$8,994.81 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$7.92$101.76 R 205-45203-36210 Interest Earnings$1,000.00$75.06$859.81 R 205-45203-36236 Contributions - Parks$30,000.00$250.00$4,302.27 R 205-49302-39201 Transfers from Other Funds$525,000.00$0.00$0.00 FUND 205 Park Dedication$583,520.00$332.98$15,318.65 $583,520.00$332.98$15,318.65 2017September2017 Account DescrYTD Budget2017 AmtYTD Amt FUND 205 Park Dedication E 205-45203-101 Salaries$0.00$0.00$354.72 E 205-45203-121 PERA Contributions$0.00$0.00$15.81 E 205-45203-122 FICA Contributions$0.00$0.00$20.70 E 205-45203-125 Medicare Contributions$0.00$0.00$4.84 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$0.63 E 205-45203-134 Disabilty Insurance$0.00$0.00$4.16 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$8,235.00 E 205-45203-302 Maintenance Reimbursement$0.00$0.00$0.00 E 205-45203-410 Rentals$1,600.00$94.00$657.13 E 205-45203-437 Real Estate Taxes$0.00$0.00$4,014.00 E 205-45203-531 Park Development$651,750.00$14,368.00$14,728.00 FUND 205 Park Dedication$653,350.00$14,462.00$28,034.99 $653,350.00$14,462.00$28,034.99 City of St. Joseph Park Board 2017 Capital Improvement Budget Summary Adopted December 4, 2016 General Funds Balance Park Dedication Cash September 30, 2017 107,585$ (Unaudited) Adjustments Starting Balance 107,585$ 2017 General Levy-remaining 11,005$ Other Revenues-remaining 32,196$ Potential Projects:Potential Proposed Millstream Cottages-phase 2 23,400$ Sunset Ridge-phase 2 - 4 lots 2,000$ Ending Balance for 2017 150,786$ Projects - Budget 2016 2017 2018 2019 2020 2021 Total 17-21 PTR-01 (Millstream) 350,000$ 40,000$ -$ -$ -$ -$ 40,000$ PTR-02 (Northland) -$ -$ -$ -$ -$ -$ -$ PTR-03 (Klinefelter) -$ -$ -$ -$ -$ 20,200$ 20,200$ PTR-04 (Wobegon) -$ -$ -$ -$ -$ -$ -$ PTR-05 (Memorial) -$ 3,200$ -$ -$ -$ -$ 3,200$ PTR-06 (Centennial) -$ -$ -$ -$ -$ -$ -$ PTR-07 (Monument) 30,400$ 35,250$ 250$ 250$ 250$ 250$ 36,250$ PTR-08 (Hollow) -$ -$ -$ -$ -$ -$ -$ PTR-09 (Cloverdale) -$ -$ -$ -$ -$ -$ -$ PTR-10 (East Park) -$ 10,000$ -$ 10,000$ -$ -$ 20,000$ PTR-11 (West Park) -$ -$ -$ -$ -$ -$ -$ 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$ 5,000$ -$ -$ -$ 25,000$ Total 391,900$ 119,950$ 11,750$ 21,750$ 11,750$ 31,950$ 177,150$ Projects - Actual Spent 2016 2017 Avail. Rev PTR-01 (Millstream) 2,500$ 7,800$ Millstream Shelter -$ 905$ PTR-02 (Northland) 2,351$ -$ Footgolf PTR-03 (Klinefelter) 4,000$ -$ Prairie Restoration Other 17 Expenses:2017 YTD PTR-04 (Wobegon) -$ -$ Real Estate Taxes -$ 4,014$ PTR-05 (Memorial) -$ -$ A-1 Toilets 1,600$ 657$ PTR-06 (Centennial) -$ -$ PTR-07 (Monument) -$ -$ 2017 Revenue:2017 YTD PTR-08 (Hollow) -$ -$ Interest 1,000$ 860$ PTR-09 (Cloverdale) -$ -$ Round Up 120$ 102$ PTR-10 (East Park) -$ 435$ phase 1 canoe area GF Levy 20,000$ 8,995$ PTR-11 (West Park) -$ -$ Land Rent 5,400$ 1,060$ PTR-12 (Trails) -$ -$ Transfer 525,000$ -$ PTR-13 (Trees) -$ -$ Donations 30,000$ 4,302$ PTR-14 (Dog Park) -$ 15,128.86$ phase 1 dog park Park Dedic. 2,000$ -$ Total 8,851$ 23,364$ Avail. Rev Millstream Shelter Spent 2016 2017 -$ 3,024$ Sales Tax Funds 9,500$240,185$ 2016/2017 pavers/treats -$ 1,149$ cash 10,000$ 5,339$ thru 10/3/17 In 2015, the Park Board requested updating the Master Park Plan last completed in 2008. 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 17 Snow Town Expenses: 17 Millstream 5k Expenses: Dog Park Donations St Joseph Park Board Expense Report Name: __________________________________Pay Period: Date Event Location Mtg # Reimbursement Park Board Meeting Park Board Meeting Park Board Meeting Total CERTIFICATION:I DECLARE THAT THIS TIMESHEET IS A TRUE AND CORRECT STATEMENT OF MEETINGS WORKED AND THAT NO PART OF IT HAS BEEN PAID. Signed Date