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Home My WebLink About[04b] February Finance Report,WLLAMM& EDA Agenda Item 4b CITY OF ST. JOSLPH MEETING DATE: March 17, 2020 AGENDA ITEM: February Finance Reports SUBMITTED BY: Finance PREVIOUS BOARD ACTION: N/A BACKGROUND INFORMATION: Enclosed you will find the reconciled financial reports through February 29, 2020. The ending undesignated balance shows a deficit of $14,462. The designated project balance is $190,041. The capital designated balance includes 2020 capital budget balance of $44,100. Without the capital budget, the net position is a surplus of $29,638. The balances may reflect some 2019 activity. The City has their audit the week of March 16t''. Receivables and payables will be reversed after fieldwork. The other funds reported include the TIF funds, Lodging Tax, DEED CDAP Grant reimbursement and the Revolving Loan fund. There is one revolving loan for Krewe and Flour to Flower Bakery. The current revolving loan fund balance is $225,416 at February 29St, including $190,041 reserved balance from the EDA fund to be used for future economic development; $35,375 is available from the State's RLF fund for future loan requests. The Lodging Tax fund has a balance of $33,808 on February 29th. A summary of their activity is enclosed in this report. The 2018 Housing Rehab grant administered by Central MN Housing Partnership has a balance of $78,378. Per Ed Zimny at the Partnership, there are no projects in process and suggests opening the grant area to the phase 2 area. He will market the grant to the phase 1 and, if approved, the phase 2 area in the spring. Finally, please complete the 1St quarter meeting stipends on the attached Expense Report. BUDGET/FISCAL IMPACT: ATTACHMENTS: EDA Financial Summary EDA Balance Sheet EDA Check Register EDA Revenue Report EDA Expenditure Report EDA Summary CIP CVB Financial Summary Expense Report REQUESTED BOARD ACTION: Consider acceptance of the February financial reports. St. Joseph Economic Development Authority Summary Treasurer's Report - Fund 150 February, 2020 Fund 150, EDA Balance as of December 31, 2019 (Unaudited 42,146.57 Year to Date Revenue: Interest Earnings TIF/MIF Deposit DEED Housing Federal Grant Proceeds Abatement Reimbursement (School District) Ad Valorem Taxes Transfers from Other Funds Total Revenue Year to Date Expenditures by Object: Board Stipends Staff Salaries/Training Workers Comp Premium Software Support/Office Supplies Professional Services Legal/Engineering Fees Telephone Greater St. Cloud Development Investment Business Round Table Outreach Advertising Abatement Payments (Country Manor) CM Housing Grant Reimbursement Computers EDA Programs Transfer to Other Funds Total Expenses Fund Summaries as of January 31, 2020: EDA Fund Balance - Fund 150 - unaudited, cash balance Designated for Capital Programs Undesignated TIF 3-1 Central MN Credit Union Fund Balance - Fund 152 TIF 4-1 Fortitude Senior Apts Fund Balance - Fund 153 TIF 2-1 Millstream Shops and Lofts Fund Balance - Fund 157 TIF 2-2 St. Joseph Meat Market Fund Balance - Fund 158 TIF 2-3 Bayou Blues & Alley Flats Fund Balance - Fund 159 Lodging Tax Fund Balance - Fund 220 DEED CDAP Grant Fund Balance - Fund 225 Revolving Loan Fund Balance - Fund 250 Designated for Revolving Loan Program Designated for Economic Development 10181.10.11 4,691.00 898.13 (4,436.07) (637.96) (242.44) (5,000.00) (4,691.00) (670.17) 5,897.49 (15,677.64) 32,366.42 46,828.41 (14,461.99) 3,152.07 6,275.99 30,295.47 208.58 (9,387.88) 32,098.49 40,225.96 225,416.32 35,374.87 190,041.45 City of St. Joseph EDA Balance Sheet Current Period: February 2020 03/12/20 4:16 PM Page 1 YTD YTD Current FUND Descr Account Descr Begin Yr Debit Credit Balance FUND 150 Economic Development Economic Development G 150-10100 Cash $31,030.64 $5,897.49 $15,677.64 $21,250.49 Economic Development G 150-10450 Interest Receivable $159.80 $0.00 $0.00 $159.80 Economic Development G 150-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 Economic Development G 150-10700 Taxes Receivable - Delinquen $2,089.77 $0.00 $0.00 $2,089.77 Economic Development G 150-13113 Due From other Gov t Units $5,589.13 $0.00 $0.00 $5,589.13 Economic Development G 150-15500 Due From Other Fund $10,300.00 $0.00 $0.00 $10,300.00 Economic Development G 150-20200 Accounts Payable -$4,727.88 $0.00 $0.00 -$4,727.88 Economic Development G 150-20201 Salaries Payable -$205.12 $0.00 $0.00 -$205.12 Economic Development G 150-22204 Deferred Inflow of Resources -$2,089.77 $0.00 $0.00 -$2,089.77 Economic Development G 150-24415 Design. Fd Bal - Operations -$3,398.58 $0.00 $0.00 -$3,398.58 Economic Development G 150-25310 Unassigned Fund Balance -$38,747.99 $15,677.64 $5,897.49 -$28,967.84 FUND 150 Economic Development $0.00 $21,575.13 $21,575.13 $0.00 FUND 152 TIF 3-1 CMCU TIF 3-1 CMCU G 152-10100 Cash $3,130.97 $13.65 $0.00 $3,144.62 TIF 3-1 CMCU G 152-10450 Interest Receivable $7.45 $0.00 $0.00 $7.45 TIF 3-1 CMCU G 152-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 TIF 3-1 CMCU G 152-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 3-1 CMCU G 152-20500 Due To Other Fund $0.00 $0.00 $0.00 $0.00 TIF 3-1 CMCU G 152-25310 Unassigned Fund Balance -$3,138.42 $0.00 $13.65 -$3,152.07 FUND 152 TIF 3-1 CMCU $0.00 $13.65 $13.65 $0.00 FUND 153 TIF 4-1 Fortitude Senior Apts TIF 4-1 Fortitude Senior G 153-10100 Cash $6,229.11 $27.17 $0.00 $6,256.28 TIF 4-1 Fortitude Senior G 153-10450 Interest Receivable $19.71 $0.00 $0.00 $19.71 TIF 4-1 Fortitude Senior G 153-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-20500 Due To Other Fund $0.00 $0.00 $0.00 $0.00 TIF 4-1 Fortitude Senior G 153-25310 Unassigned Fund Balance -$6,248.82 $0.00 $27.17 -$6,275.99 FUND 153 TIF 4-1 Fortitude Senior Apts $0.00 $27.17 $27.17 $0.00 FUND 157 TIF 2-1 Millstream TIF 2-1 Millstream G 157-10100 Cash $30,039.91 $153.58 $0.00 $30,193.49 TIF 2-1 Millstream G 157-10450 Interest Receivable $101.98 $0.00 $0.00 $101.98 TIF 2-1 Millstream G 157-10500 Accounts Receivable $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-13113 Due From other Gov t Units $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 2-1 Millstream G 157-25310 Unassigned Fund Balance -$30,141.89 $0.00 $153.58 -$30,295.47 FUND 157 TIF 2-1 Millstream $0.00 $153.58 $153.58 $0.00 FUND 158 TIF 2-2 Meat Market TIF 2-2 Meat Market G 158-10100 Cash $701.75 $3.73 $0.00 $705.48 TIF 2-2 Meat Market G 158-10450 Interest Receivable $3.10 $0.00 $0.00 $3.10 TIF 2-2 Meat Market G 158-20201 Salaries Payable $0.00 $0.00 $0.00 $0.00 TIF 2-2 Meat Market G 158-20500 Due To Other Fund -$500.00 $0.00 $0.00 -$500.00 TIF 2-2 Meat Market G 158-25310 Unassigned Fund Balance -$204.85 $0.00 $3.73 -$208.58 FUND 158 TIF 2-2 Meat Market $0.00 $3.73 $3.73 $0.00 FUND 159 TIF 2-3 Bayou Blues/Alley Flat TIF 2-3 Bayou Blues/All G 159-10100 Cash $362.69 $42.93 $37.14 $368.48 TIF 2-3 Bayou Blues/All G 159-10450 Interest Receivable $2.37 $0.00 $0.00 $2.37 City of St. Joseph EDA Balance Sheet Current Period: February 2020 03/12/20 4:16 PM Page 2 FUND Descr Account Descr Begin Yr YTD Debit YTD Credit Current Balance TIF 2-3 Bayou Blues/All G 159-13113 Due From other Gov t Units $41.27 $0.00 $0.00 $41.27 TIF 2-3 Bayou Blues/All G 159-20200 Accounts Payable $0.00 $0.00 $0.00 $0.00 TIF 2-3 Bayou Blues/All G 159-20500 Due To Other Fund -$9,800.00 $0.00 $0.00 -$9,800.00 TIF 2-3 Bayou Blues/All G 159-25310 Unassigned Fund Balance $9,393.67 $37.14 $42.93 $9,387.88 FUND 159 TIF 2-3 Bayou Blues/Alley Flat $0.00 $80.07 $80.07 $0.00 FUND 220 Lodging Tax Lodging Tax G 220-10100 Cash $34,282.58 $1,152.38 $3,839.00 $31,595.96 Lodging Tax G 220-10450 Interest Receivable $120.60 $0.00 $0.00 $120.60 Lodging Tax G 220-10500 Accounts Receivable $381.93 $0.00 $0.00 $381.93 Lodging Tax G 220-25310 Unassigned Fund Balance -$34,785.11 $3,839.00 $1,152.38 -$32,098.49 FUND 220 Lodging Tax $0.00 $4,991.38 $4,991.38 $0.00 FUND 225 DEED CDAP Grant DEED CDAP Grant G 225-10100 Cash $32,937.58 $7,166.14 $0.00 $40,103.72 DEED CDAP Grant G 225-10450 Interest Receivable $122.24 $0.00 $0.00 $122.24 DEED CDAP Grant G 225-25310 Unassigned Fund Balance -$33,059.82 $0.00 $7,166.14 -$40,225.96 FUND 225 DEED CDAP Grant $0.00 $7,166.14 $7,166.14 $0.00 FUND 250 Revolving Loan Fund Revolving Loan Fund G 250-10100 Cash $219,625.50 $3,661.57 $0.00 $223,287.07 Revolving Loan Fund G 250-10450 Interest Receivable $1,002.95 $0.00 $0.00 $1,002.95 Revolving Loan Fund G 250-11900 Notes Receivable $52,500.00 $0.00 $0.00 $52,500.00 Revolving Loan Fund G 250-22204 Deferred Inflow of Resources -$51,373.70 $0.00 $0.00 -$51,373.70 Revolving Loan Fund G 250-24415 Design. Fd Bal - Operations -$33,571.12 $0.00 $0.00 -$33,571.12 Revolving Loan Fund G 250-25310 Unassigned Fund Balance -$188,183.63 $0.00 $3,661.57 -$191,845.20 FUND 250 Revolving Loan Fund $0.00 $3,661.57 $3,661.57 $0.00 $0.00 $37,672.42 $37,672.42 $0.00 City of St. Joseph EDA Check Register 03/12/20 4:17 PM Page 1 CHECK # Search Name Comments FUND DEPART Amount 055670 BRUNO PRESS February 2020 CVB Social Medi 220 46500 $750.00 055698 RUBINSKI WORKS Visit 3oeTown Winter/Spring Vi 220 46500 $2,000.00 055731 MIDCONTINENT COMMUNICATIONS February 2020 Telephone/Fibe 150 46500 $103.50 055735 OPG -3, INC. 2020 LF Annual Support 150 46500 $621.22 055744 CENTURYLINK 2019 Missed Invoice Payment 150 46500 $36.88 055770 SENTRY BANK -CREDIT CARD Conference Registration - Expl 220 46500 $339.00 055770 SENTRY BANK -CREDIT CARD Lodging - EDA Conference 150 46500 $154.78 055782 RENGEL PRINTING, INC St. Joseph Letterhead 150 46500 $16.74 055783 SHIFT TECHNOLOGIES, INC. 2020 Computer Upgrades 150 46500 $670.17 $4,692.29 City of St. Joseph EDA Revenue Report Current Period: February 2020 03/12/20 4:17 PM Page 1 2020 February 2020 Account Descr SOURC YTD Budget 2020 Amt YTD Amt FUND 150 Economic Development R 150-46500-31010 Current Ad Valorem Taxes 31010 $124,530.00 $0.00 $898.13 R 150-46500-33160 Federal Grants - Other 33160 $0.00 $0.00 $0.00 R 150-46500-34150 TIF/MIF Deposit 34150 $0.00 $0.00 $0.00 R 150-46500-34160 Tax Abatement Reimbursement 34160 $0.00 $0.00 $4,691.00 R 150-46500-36210 Interest Earnings 36210 $1,000.00 $189.78 $308.36 R 150-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 150 Economic Development $125,530.00 $189.78 $5,897.49 FUND 152 TIF 3-1 CMCU R 152-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 152-46500-36210 Interest Earnings 36210 $0.00 $8.47 $13.65 R 152-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 152 TIF 3-1 CMCU $0.00 $8.47 $13.65 FUND 153 TIF 4-1 Fortitude Senior Apts R 153-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 153-46500-34150 TIF/MIF Deposit 34150 $0.00 $0.00 $0.00 R 153-46500-36210 Interest Earnings 36210 $0.00 $15.96 $27.17 R 153-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 153 TIF 4-1 Fortitude Senior Apts $0.00 $15.96 $27.17 FUND 157 TIF 2-1 Millstream R 157-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 157-46500-36210 Interest Earnings 36210 $0.00 $85.51 $153.58 FUND 157 TIF 2-1 Millstream $0.00 $85.51 $153.58 FUND 158 TIF 2-2 Meat Market R 158-46500-31050 Tax Increment 31050 $0.00 $0.00 $0.00 R 158-46500-36210 Interest Earnings 36210 $0.00 $2.05 $3.73 R 158-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 158 TIF 2-2 Meat Market $0.00 $2.05 $3.73 FUND 159 TIF 2-3 Bayou Blues/Alley Flat R 159-46500-31050 Tax Increment 31050 $0.00 $0.00 $41.27 R 159-46500-36210 Interest Earnings 36210 $0.00 $0.96 $1.66 R 159-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 159 TIF 2-3 Bayou Blues/Alley Flat $0.00 $0.96 $42.93 FUND 220 Lodging Tax R 220-46500-31600 Lodging Tax 31600 $14,000.00 $935.10 $972.27 R 220-46500-34409 Marketing 34409 $200.00 $0.00 $0.00 R 220-46500-36210 Interest Earnings 36210 $500.00 $99.64 $180.11 FUND 220 Lodging Tax $14,700.00 $1,034.74 $1,152.38 FUND 225 DEED CDAP Grant R 225-46500-34200 DEED Housing Reimbursement 34200 $0.00 $0.00 $6,981.00 R 225-46500-36210 Interest Earnings 36210 $1,000.00 $102.00 $185.14 R 225-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 FUND 225 DEED CDAP Grant $1,000.00 $102.00 $7,166.14 FUND 250 Revolving Loan Fund R 250-46500-36210 Interest Earnings 36210 $2,000.00 $486.96 $886.77 City of St. Joseph EDA Revenue Report Current Period: February 2020 03/12/20 4:17 PM Page 2 2020 February 2020 Account Descr SOURC YTD Budget 2020 Amt YTD Amt R 250-49302-39201 Transfers from Other Funds 39201 $0.00 $0.00 $0.00 R 250-46500-39320 Loan Principal 39320 $6,860.00 $566.68 $2,258.24 R 250-46500-39321 Loan Interest 39321 $1,465.00 $127.02 $516.56 R 250-46500-39322 Loan Origination Fee 39322 $0.00 $0.00 $0.00 FUND 250 Revolving Loan Fund $10,325.00 $1,180.66 $3,661.57 $151,555.00 $2,620.13 $18,118.64 City of St. Joseph EDA Expenditure Report Current Period: February 2020 2020 February 2020 Account Descr YTD Budget 2020 Amt YTD Amt FUND 150 Economic Development E 150-46500-101 Salaries E 150-46500-103 Legislative Bodies E 150-46500-121 PERA Contributions E 150-46500-122 FICA Contributions E 150-46500-123 Deferred Comp -Employer E 150-46500-125 Medicare Contributions E 150-46500-130 H S A- Employer Contribution E 150-46500-131 Health Insurance E 150-46500-132 Dental Insurance E 150-46500-133 Life Insurance E 150-46500-134 Disabilty Insurance E 150-46500-151 Workers Comp. Insur. Prem. E 150-46500-171 Clothing Allowance E 150-46500-200 Office Supplies E 150-46500-215 Software Support E 150-46500-300 Professional Services E 150-46500-303 Engineering Fee E 150-46500-304 Legal Fees E 150-46500-308 Community Programs E 150-46500-321 Telephone E 150-46500-322 Postage E 150-46500-328 Marketing E 150-46500-331 Travel & Conference Expense E 150-46500-340 Advertising E 150-46500-433 Dues & Memberships E 150-46500-582 Computer Software E 150-46500-588 EDA Programs E 150-46500-622 TIF/Abatement Payments E 150-49300-720 Transfers to Other Funds FUND 150 Economic Development FUND 152 TIF 3-1 CMCU E 152-46500-101 Salaries E 152-46500-121 PERA Contributions E 152-46500-122 FICA Contributions E 152-46500-123 Deferred Comp -Employer E 152-46500-125 Medicare Contributions E 152-46500-132 Dental Insurance E 152-46500-133 Life Insurance E 152-46500-134 Disabilty Insurance E 152-46500-300 Professional Services E 152-46500-301 Audit & Accounting Services E 152-46500-340 Advertising E 152-46500-622 TIF/Abatement Payments E 152-49300-720 Transfers to Other Funds FUND 152 TIF 3-1 CMCU FUND 153 TIF 4-1 Fortitude Senior Apts E 153-46500-101 Salaries E 153-46500-121 PERA Contributions $33,510.00 $1,233.04 $2,466.08 $4,410.00 $0.00 $0.00 $2,515.00 $92.48 $184.96 $1,925.00 $72.22 $144.44 $455.00 $0.00 $0.00 $450.00 $16.88 $33.76 $875.00 $0.00 $225.00 $6,090.00 $240.00 $480.00 $415.00 $19.68 $39.36 $25.00 $1.27 $2.54 $285.00 $12.15 $24.30 $215.00 $0.00 $0.00 $70.00 $0.00 $0.00 $500.00 $16.74 $16.74 $1,445.00 $621.22 $621.22 $0.00 $0.00 $0.00 $2,000.00 $0.00 $0.00 $1,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1,400.00 $140.38 $242.44 $100.00 $0.00 $0.00 $1,000.00 $0.00 $0.00 $1,750.00 $245.63 $540.63 $200.00 $0.00 $0.00 $5,295.00 $0.00 $5,295.00 $500.00 $670.17 $670.17 $44,100.00 $0.00 $0.00 $15,000.00 $0.00 $4,691.00 $0.00 $0.00 $0.00 $125,530.00 $3,381.86 $15,677.64 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $750.00 $0.00 $0.00 $45.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $795.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 03/12/20 4:17 PM Page 1 City of St. Joseph EDA Expenditure Report Current Period: February 2020 03/12/20 4:17 PM Page 2 Account Descr 2020 YTD Budget February 2020 Amt 2020 YTD Amt E 153-46500-122 FICA Contributions $0.00 $0.00 $0.00 E 153-46500-125 Medicare Contributions $0.00 $0.00 $0.00 E 153-46500-300 Professional Services $0.00 $0.00 $0.00 E 153-46500-340 Advertising $0.00 $0.00 $0.00 E 153-46500-588 EDA Programs $0.00 $0.00 $0.00 E 153-46500-622 TIF/Abatement Payments $0.00 $0.00 $0.00 E 153-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00 FUND 153 TIF 4-1 Fortitude Senior Apts $0.00 $0.00 $0.00 FUND 157 TIF 2-1 Millstream E 157-46500-101 Salaries E 157-46500-121 PERA Contributions E 157-46500-122 FICA Contributions E 157-46500-123 Deferred Comp -Employer E 157-46500-125 Medicare Contributions E 157-46500-132 Dental Insurance E 157-46500-133 Life Insurance E 157-46500-134 Disabilty Insurance E 157-46500-300 Professional Services E 157-46500-301 Audit & Accounting Services E 157-46500-340 Advertising E 157-46500-622 TIF/Abatement Payments E 157-49300-720 Transfers to Other Funds FUND 157 TIF 2-1 Millstream FUND 158 TIF 2-2 Meat Market $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $500.00 $0.00 $0.00 $45.00 $0.00 $0.00 $34,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $34,545.00 $0.00 $0.00 E 158-46500-101 Salaries $0.00 $0.00 $0.00 E 158-46500-121 PERA Contributions $0.00 $0.00 $0.00 E 158-46500-122 FICA Contributions $0.00 $0.00 $0.00 E 158-46500-123 Deferred Comp -Employer $0.00 $0.00 $0.00 E 158-46500-125 Medicare Contributions $0.00 $0.00 $0.00 E 158-46500-131 Health Insurance $0.00 $0.00 $0.00 E 158-46500-132 Dental Insurance $0.00 $0.00 $0.00 E 158-46500-133 Life Insurance $0.00 $0.00 $0.00 E 158-46500-134 Disabilty Insurance $0.00 $0.00 $0.00 E 158-46500-300 Professional Services $0.00 $0.00 $0.00 E 158-46500-301 Audit & Accounting Services $500.00 $0.00 $0.00 E 158-46500-340 Advertising $45.00 $0.00 $0.00 E 158-46500-622 TIF/Abatement Payments $4,000.00 $0.00 $0.00 FUND 158 TIF 2-2 Meat Market $4,545.00 $0.00 $0.00 FUND 159 TIF 2-3 Bayou Blues/Alley Flat E 159-46500-101 Salaries $0.00 $0.00 $0.00 E 159-46500-121 PERA Contributions $0.00 $0.00 $0.00 E 159-46500-122 FICA Contributions $0.00 $0.00 $0.00 E 159-46500-123 Deferred Comp -Employer $0.00 $0.00 $0.00 E 159-46500-125 Medicare Contributions $0.00 $0.00 $0.00 E 159-46500-132 Dental Insurance $0.00 $0.00 $0.00 E 159-46500-133 Life Insurance $0.00 $0.00 $0.00 E 159-46500-134 Disabilty Insurance $0.00 $0.00 $0.00 E 159-46500-300 Professional Services $0.00 $0.00 $0.00 E 159-46500-301 Audit & Accounting Services $750.00 $0.00 $0.00 City of St. Joseph EDA Expenditure Report Current Period: February 2020 03/12/20 4:17 PM Page 3 FUND 220 Lodging Tax E 220-46500-300 Professional Services E 220-46500-309 Visitors Bureau E 220-46500-328 Marketing E 220-46500-331 Travel & Conference Expense E 220-46500-340 Advertising FUND 220 Lodging Tax FUND 225 DEED CDAP Grant E 225-46500-300 Professional Services E 225-46500-340 Advertising FUND 225 DEED CDAP Grant FUND 250 Revolving Loan Fund E 250-46500-300 Professional Services E 250-46500-304 Legal Fees E 250-46500-317 Other fees E 250-46500-434 Certification Fee E 250-46500-455 Revolving Loan Proceeds FUND 250 Revolving Loan Fund $3,000.00 2020 February 2020 Account Descr YTD Budget 2020 Amt YTD Amt E 159-46500-340 Advertising $45.00 $0.00 $0.00 E 159-46500-622 TIF/Abatement Payments $0.00 $0.00 $37.14 E 159-49300-720 Transfers to Other Funds $0.00 $0.00 $0.00 FUND 159 TIF 2-3 Bayou Blues/Alley Flat $795.00 $0.00 $37.14 FUND 220 Lodging Tax E 220-46500-300 Professional Services E 220-46500-309 Visitors Bureau E 220-46500-328 Marketing E 220-46500-331 Travel & Conference Expense E 220-46500-340 Advertising FUND 220 Lodging Tax FUND 225 DEED CDAP Grant E 225-46500-300 Professional Services E 225-46500-340 Advertising FUND 225 DEED CDAP Grant FUND 250 Revolving Loan Fund E 250-46500-300 Professional Services E 250-46500-304 Legal Fees E 250-46500-317 Other fees E 250-46500-434 Certification Fee E 250-46500-455 Revolving Loan Proceeds FUND 250 Revolving Loan Fund $3,000.00 $750.00 $1,500.00 $9,200.00 $2,000.00 $2,000.00 $2,000.00 $0.00 $0.00 $0.00 $339.00 $339.00 $500.00 $0.00 $0.00 $14,700.00 $3,089.00 $3,839.00 $12,500.00 $0.00 $0.00 $0.00 $0.00 $0.00 $12,500.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $193,410.00 $6,470.86 $19,553.78 LU LU C M 01 N a o N r -I 3 N N O •- E ar Lo d O a) XQ LL E d E + w a) Q !!' £ 0 V fab £ O V w N Li C Q W m L w V d V N C OR N f6 m c -I e•I c -I N O .--� O O O O 14 a m m C5 00 C5 C5 00 O Ln N O 0 C5 C5 00 Ln 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Q O J O a Lf) J CO Q o a � Q N U Q W J H 0 Q 0 LU CVB 2020 Financial Summary As of February 29, 2020 Beginning Fund Balance 1-1-20 $ 34,282.58 Customer YTD Rev 2020 Interest Earnings $ 562.04 T-shirt Sales $ - Beanie Hat Sales $ - Rodeway Inn Lodging Tax $ 457.80 CSB Lodging Tax $ - Estates B&B Lodging Tax $ 132.54 $ 1,152.38 YTD Exp Vendor 2020 Bruno Press - social media campaign $ 1,500.00 Bruno Press -Joetown Logo $ - Explore Minnesota Conference $ 339.00 Rubinski Works - Videos $ 2,000.00 Think Tourism USA - Magazine Ad $ - Minnesota Public Radio Ad $ - 87 Lumens - Event Photos $ - Krillan, Inc. -T-shirts $ - Krillan, Inc. - Beanie Hats $ - Newcomer Service - Magazine Ad $ - $ 3,839.00 Ending Cash Balance 2-29-20 $ 31,595.96 St Joseph Economic Development Authority Expense Report Name Pay Period: Date Event Location Mtg # Reimbursement 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 Da to