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HomeMy WebLinkAbout[05] Treasurer's Report Park Board Agenda Item 5 MEETING DATE: March 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 February 28, 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. st Finally, attached is the expense sheet to report your 1 quarter meetings. Please complete and turn in at the meeting. 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 Report REQUESTED COUNCIL ACTION: Consider accepting the February 2018 financial reports. St. Joseph Park Board Summary Treasurer's Report - Fund 205 February 2018 Fund 205, Park Board Balance as of December 31, 2017 (unaudited) 121,019.37 Year to Date Revenue: Ad Valorem Property Taxes47.55 Interest Earnings(76.28) Park Dedication Fees- Farm Land Rent- Park Round Up Fees29.49 Contributions5.00 Transfers from Other Funds- Total Revenue5.76 Year to Date Expenditures by Object: Staff Salaries/Training- Operating Supplies- Professional Services- Maintenance Reimbursement- A1 Rentals(188.00) Real Estate Taxes- Park Development- Total Expenses(188.00) Fund Summaries as of February 28, 2018: Park Board Fund Balance - Fund 205 -(Unaudited) 120,837.13 Designated for Dog Park 2,458.75 Designated for East Park Development50,171.00 Amount undesignated68,207.38 Dog Park Donations To Date:$5,449(throuh 12/31/17) Pavers/Treats donated$1,149 $6,598 SEH design contract17,650.00$ Park Board Monthly Check Register Check #Search NameCommentsAmountFUNDDEPARTOBJ 053174WRUCK SEWER & PORTABLJan portable A1$94.0020545203410 $94.00 Park Board Revenue Current Period: February 2018 2018February2018 Account DescrYTD Budget2018 AmtYTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes$20,000.00$0.00$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$19.44$29.49 R 205-45203-36210 Interest Earnings$1,000.00-$182.95-$76.28 R 205-45203-36236 Contributions - Parks$10,000.00$0.00$5.00 R 205-49302-39201 Transfers from Other Funds$0.00$0.00$0.00 FUND 205 Park Dedication$35,240.00-$163.51$5.76 $35,240.00-$163.51$5.76 Park Board Expenditures Current Period: February 2018 2018February2018 Account DescrYTD Budget2018 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$94.00$188.00 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 FUND 205 Park Dedication$143,190.00$94.00$188.00 $143,190.00$94.00$188.00 City of St. Joseph Park Board 2018 Capital Improvement Budget Summary Council adopted December 4, 2017 General FundsBalance Park Dedication Cash February 28, 2018120,837$ (Unaudited) Adjustments Starting Balance120,837$ 2018 General Levy-remaining19,952$ Other Revenues-remaining15,282$ PotentialProposed Potential Projects: Millstream Cottages-phase 223,400$ Sunset Ridge-phase 2 - 4 lots2,000$ Ending Balance for 2017156,071$ Projects - Budget201720182019202020212022Total 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$ Total601,250$ 138,070$ 610,980$ 192,250$ 122,250$ 262,450$ 1,296,000$ Projects - ActualSpent 2017201818 Snow Town Expenses: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 Taxes4,020$ -$ PTR-05 (Memorial)-$ -$ A-1 Toilets1,600$ 188$ PTR-06 (Centennial)-$ -$ PTR-07 (Monument)-$ -$ 2018 Revenue Budget:2018 YTD PTR-08 (Hollow)-$ -$ Interest1,000$ (76)$ PTR-09 (Cloverdale)-$ -$ Round Up120$ 29$ PTR-10 (East Park)435$ -$ phase 1 canoe areaGF Levy20,000$ 48$ PTR-11 (West Park)-$ -$ Land Rent2,120$ -$ PTR-12 (Trails)-$ -$ Transfer-$ -$ PTR-13 (Trees)-$ -$ Donations10,000$ 5$ PTR-14 (Dog Park)15,504$ -$ phase 1 dog parkPark Dedic.2,000$ -$ Total23,776$ -$ 18 Millstream 5k Expenses:Avail. Rev $ 3,024-$ 18 Dog Park Donation Budget:2016/2017/2018 pavers/treats1,149$ cash10,000$ 5,449$ thru 2/28/18 PARK-1 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