HomeMy WebLinkAbout[04] Treasurer's Report
Park Board Agenda Item 4
MEETING DATE: February 26, 2018
AGENDA ITEM: Finance Report
SUBMITTED BY: Finance
BOARD/COMMISSION/COMMITTEE/COUNCIL RECOMMENDATION: Council approved
2018 budget on December 4, 2017.
PREVIOUS PARK BOARD ACTION: None
BACKGROUND INFORMATION: Enclosed you will find the reconciled financial reports through
January 31, 2018. The enclosed report reflects the current activity and balance of the park funds before
audit entries are made.
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.
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 2018 financial reports.
St. Joseph Park Board
Summary Treasurer's Report - Fund 205
January 2018
Fund 205, Park Board Balance as of December 31, 2017 (unaudited)121,019.37
Year to Date Revenue:
Ad Valorem Property Taxes 47.55
Interest Earnings 106.67
Park Dedication Fees -
Farm Land Rent -
Park Round Up Fees 10.05
Contributions 5.00
Transfers from Other Funds -
Total Revenue 169.27
Year to Date Expenditures by Object:
Staff Salaries/Training -
Operating Supplies -
Professional Services -
Maintenance Reimbursement -
A1 Rentals (94.00)
Real Estate Taxes -
Park Development -
Total Expenses (94.00)
Fund Summaries as of January 31, 2018:
Park Board Fund Balance - Fund 205 -(Unaudited)121,094.64
Designated for Dog Park 2,458.75
Designated for East Park Development 50,171.00
Amount undesignated 68,464.89
$5,449 (throuh 12/31/17)
Pavers/Treats donated $1,149
$6,598
Dog Park Donations To Date:
Check
# Search Name Comments Amount FUND DEPART OBJ
053068 WRUCK SEWER & PORTABL Dec portable A1 parks $94.00 205 45203 410
$94.00
Current Period: January 2018
Account Descr
2018
YTD Budget
January
2018 Amt
2018
YTD Amt
FUND 205 Park Dedication
R 205-45203-31010 Current Ad Valorem Taxes $20,000.00 $47.55 $47.55
R 205-45203-34114 Park Dedication Fees $2,000.00 $0.00 $0.00
R 205-45203-34784 Rents and Royalties $2,120.00 $0.00 $0.00
R 205-45203-34785 Park Round-Up Proceeds $120.00 $10.05 $10.05
R 205-45203-36210 Interest Earnings $1,000.00 $106.67 $106.67
R 205-45203-36236 Contributions - Parks $10,000.00 $5.00 $5.00
R 205-49302-39201 Transfers from Other Funds $0.00 $0.00 $0.00
$35,240.00 $169.27 $169.27FUND 205 Park Dedication
$35,240.00 $169.27 $169.27
Current Period: January 2018
Account Descr
2018
YTD Budget
January
2018 Amt
2018
YTD 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 $94.00 $94.00
E 205-45203-437 Real Estate Taxes $4,020.00 $0.00 $0.00
E 205-45203-531 Park Development $137,570.00 $0.00 $0.00
$143,190.00 $94.00 $94.00FUND 205 Park Dedication
$143,190.00 $94.00 $94.00
City of St. Joseph Park Board
2018 Capital Improvement Budget Summary
Council adopted December 4, 2017
General Funds Balance
Park Dedication Cash January 31, 2017 121,095$
(Unaudited)
Adjustments
Starting Balance 121,095$
2018 General Levy-remaining 19,952$
Other Revenues-remaining 15,118$
Potential Projects:Potential Proposed
Millstream Cottages-phase 2 23,400$
Sunset Ridge-phase 2 - 4 lots 2,000$
Ending Balance for 2017 156,165$
Projects - Budget 2017 2018 2019 2020 2021 2022 Total 18-22
PTR-01 (Millstream) 540,000$ 40,000$ -$ -$ 100,000$ -$ 140,000$
PTR-02 (Northland) -$ -$ -$ 180,000$ -$ -$ 180,000$
PTR-03 (Klinefelter) -$ -$ -$ -$ -$ 250,200$ 250,200$
PTR-04 (Wobegon) -$ -$ -$ -$ -$ -$ -$
PTR-05 (Memorial) -$ 5,200$ -$ -$ -$ -$ 5,200$
PTR-06 (Centennial) -$ -$ -$ -$ -$ -$ -$
PTR-07 (Monument) 25,250$ 35,250$ 250$ 250$ 250$ 250$ 36,250$
PTR-08 (Hollow) -$ 1,000$ -$ -$ -$ -$ 1,000$
PTR-09 (Cloverdale) -$ -$ -$ -$ -$ -$ -$
PTR-10 (East Park) 4,500$ 24,620$ 598,730$ -$ -$ -$ 623,350$
PTR-12 (Trails) 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 10,000$ 50,000$
PTR-13 (Trees) 1,500$ 2,000$ 2,000$ 2,000$ 2,000$ 2,000$ 10,000$
PTR-14 (Dog Park) 20,000$ 20,000$ -$ -$ 10,000$ -$ 30,000$
Total 601,250$ 138,070$ 610,980$ 192,250$ 122,250$ 262,450$ 1,296,000$
Projects - Actual Spent 2017 2018 Avail. Rev
PTR-01 (Millstream) 7,837$ -$ Millstream Shelter -$ 905$
PTR-02 (Northland) -$ -$
PTR-03 (Klinefelter) -$ -$ Other 18 Expenses Budget:2018 YTD
PTR-04 (Wobegon) -$ -$ Real Estate Taxes 4,020$ -$
PTR-05 (Memorial) -$ -$ A-1 Toilets 1,600$ 94$
PTR-06 (Centennial) -$ -$
PTR-07 (Monument) -$ -$ 2018 Revenue Budget:2018 YTD
PTR-08 (Hollow) -$ -$ Interest 1,000$ 107$
PTR-09 (Cloverdale) -$ -$ Round Up 120$ 10$
PTR-10 (East Park) 435$ -$ phase 1 canoe area GF Levy 20,000$ 48$
PTR-11 (West Park) -$ -$ Land Rent 2,120$ -$
PTR-12 (Trails) -$ -$ Transfer -$ -$
PTR-13 (Trees) -$ -$ Donations 10,000$ 5$
PTR-14 (Dog Park) 15,504$ -$ phase 1 dog park Park Dedic. 2,000$ -$
Total 23,776$ -$
Avail. Rev
-$ 3,024$
2016/2017/2018
pavers/treats 1,149$
cash 10,000$ 5,449$
thru 1/31/18
18 Snow Town Expenses:
18 Millstream 5k Expenses:
18 Dog Park Donation Budget:
PARK-1