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HomeMy WebLinkAbout[04] Treasurer Report Park Board Agenda Item 4 CITY OF ST.Jos Ern MEETING DATE: August 27,2018 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 July 31, 2018. After designated funds are set aside,the Park fund undesignated balance is$44,353. 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, Millstream play equipment, 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 Expense Report REQUESTED COUNCIL ACTION: Consider accepting the July 2018 financial reports. St. Joseph Park Board Summary Treasurer's Report - Fund 205 July 2018 Fund 205,Park Board Balance as of December 31, 2017(Audited) 121,381.66 Year to Date Revenue: Ad Valorem Property Taxes 9,420.94 Interest Earnings (212.90) Park Dedication Fees - Farm Land Rent 1,060.00 Park Round Up Fees 65.69 Contributions 106.00 Transfers from Other Funds - Total Revenue 10,439.73 Year to Date Expenditures by Object: Staff Salaries/Training - Operating Supplies - Professional Services (5,295.00) Maintenance Reimbursement - Al Rentals (678.00) Real Estate Taxes (3,862.00) Park Development (1,000.00) Total Expenses (10,835.00) Fund Summaries as of July 31,2018: Park Board Fund Balance-Fund 205-(Unaudited) 120,986.39 Designated for Millstream Park Play Equipment 32,000.00 Designated for Dog Park 2,559.75 Designated for East Park Development 42,074.00 Amount undesignated 44,352.64 Dog Park Donations To Date: $5,552 (throuh 7/31/18) Pavers/Treats donated $1,149 $6,701 SEH design contract $ 17,650.00 Less spent: (5,295.00) Balance, 7/31/18 $ 12,355.00 City of St.Joseph Park Board 2018 Capital Improvement Budget Summary Council adopted December 4,2017 General Funds Balance Park Dedication Cash July 31,2018 $ 120,986 (Unaudited) Adjustments Starting Balance $ 120,986 2018 General Levy-remaining $ 10,579 Other Revenues-remaining $ 14,221 Potential Projects: Potential Proposed Millstream Cottages-phase 2 $ 23,400 Southview Heights(3 phases) $ 52,650 Sunset Ridge-phase 2-4 lots $ 2,000 Ending Balance for 2018 $ 145,786 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 18 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 Taxes $ 4,020 $ 3,862 PTR-05(Memorial) $ - $ - A-1 Toilets $ 1,600 $ 678 PTR-06(Centennial) $ - $ - PTR-07(Monument) $ - $ - 2018 Revenue Bud,et: 2018 YTD PTR-08(Hollow) $ - $ - Interest $ 1,000 $ (213) PTR-09(Cloverdale) $ - $ - Round Up $ 120 $ 66 PTR-10(East Park) $ 435 $ 5,295 phase 1 design GF Levy $ 20,000 $ 9,421 PTR-11(West Park) $ - $ - Land Rent $ 2,120 $ 1,060 PTR-12(Trails) $ - $ - Transfer $ - $ - PTR-13(Trees) $ - $ 1,000 Donations $ 10,000 $ 106 PTR-14(Dog Park) $ 15,504 $ - phase 1 dog park Park Dedic. $ 2,000 $ - Total $ 23,776 $ 6,295 , 18 Millstream 5k Expenses: Avail.Rev $ - $ 3,024 18 Do• Par ation Rud•et: 2016/2017/2018 pavers/treats $ 1,149 cash $ 10,000 $ 5,552 thru 7/31/18 City of St. Joseph 08/15/18 1:58 P1 Page Park Board Expenditures Current Period:July 2018 2018 July 2018 Account Descr YTD Budget 2018 Amt 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 $5,295.00 E 205-45203-302 Maintenance Reimbursement $0.00 $0.00 $0.00 E 205-45203-410 Rentals $1,600.00 $114.00 $678.00 E 205-45203-437 Real Estate Taxes $4,020.00 $0.00 $3,862.00 E 205-45203-531 Park Development $137,570.00 $1,000.00 $1,000.00 FUND 205 Park Dedication $143,190.00 $1,114.00 $10,835.00 $143,190.00 $1,114.00 $10,835.00 City of St. Joseph 08/15/18 2:00 Pr Page Park Board Revenue Current Period:July 2018 2018 July 2018 Account Descr YTD Budget 2018 Amt YTD Amt FUND 205 Park Dedication R 205-45203-31010 Current Ad Valorem Taxes $20,000.00 $2,826.28 $9,420.94 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 $1,060.00 R 205-45203-34785 Park Round-Up Proceeds $120.00 $7.91 $65.69 R 205-45203-36210 Interest Earnings $1,000.00 $375.08 -$212.90 R 205-45203-36236 Contributions-Parks $10,000.00 $16.00 $106.00 R 205-49302-39201 Transfers from Other Funds $0.00 $0.00 $0.00 FUND 205 Park Dedication $35,240.00 $3,225.27 $10,439.73 $35,240.00 $3,225.27 $10,439.73 City of St. Joseph 08/15/18 1:59 P1 Page Park Board Monthly Check Register Check # Search Name Comments Amount FUND DEPART OW 053601 SIEVES LANDSCAPE SERVIC 2018 tree budget-4 maples $1,000.00 205 45203 531 053667 WRUCK SEWER&PORTABL portable Al $114.00 205 45203 410 $1,114.00