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St. Joseph Economic Development Authority
October 20, 2020
12:00 PM
1.12:00 PMCall to order
2.Public Comments
3.Approve Agenda
4.Consent Agenda
a.Minutes –Requested Action: Approve the minutes ofAugust 18, 2020.
b.Financial Report –Requested Action: Accept the Sept. 2020 Financial Reports as
presented.
c.CVB Financial Report -Requested Action: Accept the Sept. 2020 CVB Financial
Reports as presented.
5.CVB Budget
6.CARES ACT Business Grants
7.Business/Development Updates
8.Board Member Announcements
9.Adjourn
75 Callaway Street East | Saint Joseph, Minnesota 56374
Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342
August18, 2020
Page 1of 1
Pursuant to due call and notice thereof, the St. Joseph Economic Development Authority met on
Tuesday, August 18,2020at 12:00 PMat the St. Joseph Government Center.
Board MembersDoug Danielson Troy Goracke, Larry Hosch, Dale Wick
Members Present:
Members Absent:Rick Schultz
:Community Development Director Therese Haffner
City Representatives Present
Wickcalled the St. Joseph Economic DevelopmentAuthority meeting to order at 12:00PM
Agenda Approval:Goracke made a motion to approve the agendaas presented;seconded by
Danielsonand passed unanimously by those present.
Consent Agenda:Hosch made a motion to approve the consent agenda as follows; seconded by
Wick and passed unanimously by those present.
a.Minutes -Approvedthe minutes of June16, 2020.
b.JulyFinancial Report -Acceptedthe July 2020Financial Reportas presented.
Haffner provided an overview the Revolving Loan
Revolving Loan Fund Request –MN Street Market:
Fund request by MN Street Market for equipment for $25,000 for a term of 10 years at a 0% interest rate.
Haffner reported that the Finance Committee reviewed the request and recommends a loan of $25,000
for a term of 7 years at a 3% interest rate which was consistent with other loans issued by the City.
Minnesota Street Market General Manager Pia Lopez presented an overview of the Co-op and their loan
request. There was discussion on the terms and the City’s emergency loan program, CARES Act grants
and state loans related to COVID-19 impact.
Danielson made a motion to approve a $25,000 loan for a term of sevenyears at a three percent
interest rate, seconded by Hoschand passed unanimously by those present.
Development Updates:
Haffner provided the following updates:
A site plan application was received and currently underreview for Foxmore Hollow Apartments
to be located on the northwest corner of College Ave. S and Hill St. W. The plan proposes a 19-
unit, two-story apartment building.
The St. Joseph and Waite Park Bike Share System is operational.
A final plat application for Graceview Estates 6 was received. The property is zoned for a Multi-
Family apartment building.
Adjourn:Danielson made a motion to adjournthemeetingat 12:28PM; seconded by
Therese Haffner
Community Development Director
EDAAgenda Item 4b
________________________
MEETING DATE:October 20, 2020
AGENDA ITEM:SeptemberFinance Reports
SUBMITTED BY:Finance
BOARD/COMMISSION/COMMITTEE/COUNCILRECOMMENDATION:N/A
PREVIOUS EDAACTION:None
BACKGROUND INFORMATION:Enclosed you will find the reconciled financial reports through
September30,2020. The ending undesignated balance shows a surplusof $41,053.The designated
project balance is $22,044.The capital designated balance includes 2020capital budgetbalanceof
$44,100The EDA is mainly funded by tax proceeds. The first half tax proceeds were received inJune and
July. The final settlement is due in December.
The other funds reported include the TIF funds, Lodging Tax, DEED CDAP Grant reimbursementand the
Revolving Loan fund. There are threerevolving loansto Krewe and Flour to Flower Bakery; St. Joseph
Food Co-Op;and Jupiter Moon Ice Cream.The currentrevolving loan fund balance is $196,974at
st
September30, including $189,554reserved balance from the EDA fund to be used for future economic
development;$7,420is available from the State’s RLF fund for future loan requests.The City Council
allowed Krewe to delay their RLF loan payments for three months due to the COVID-19 emergency
declaration.
st
The Lodging Tax fund has a balance of $25,810onSeptember30.A summary of their activity is
nd
enclosed in this report.Staff will monitor collections. The lodging tax revenue in the 2quarter
decreasedwith the pandemic.
The 2018 Housing Rehab grant administered by Central MN Housing Partnership has a balance of
$78,378. Per Messina Owingsat the Partnership, there is an interested person applying for aproject and
openedthe grant area tothe phase 2 area.Messinais marketing the funds to both the phase 1 and 2 areas.
There have been two applications received for fall work under this grant.
BUDGET/FISCAL IMPACT:For Information Only
ATTACHMENTS:EDA Financial Summary
EDA Balance Sheet
EDA Check Register
EDA Revenue Report
EDA Expenditure Report
EDA Summary CIP
CVB Financial Summary
REQUESTED BOARDACTION:Consider acceptanceof the Septemberfinancial reports.
St. Joseph Economic Development Authority
Summary Treasurer's Report - Fund 150
September 2020
Fund 150, EDA Balance as of December 31, 2019(Audited)
39,254.65
Year to Date Revenue:
Interest Earnings896.88
TIF/MIF Deposit-
DEED Housing Federal Grant Proceeds-
Abatement Reimbursement (School District)4,691.00
Ad Valorem Taxes64,330.33
Surplus Property (Sale of Outlot C)24,500.00
Total Revenue94,418.21
Year to Date Expenditures by Object:
Board Stipends(1,120.00)
Staff Salaries/Training(22,225.00)
Workers Comp Premium(147.60)
Software Support/Office Supplies(637.96)
Professional Services-
Legal/Engineering Fees(1,120.12)
Telephone(895.79)
Greater St. Cloud Development Investment(5,000.00)
Business Round Table Outreach-
Advertising(99.26)
Abatement Payments (Country Manor)(15,040.24)
CM Housing Grant Reimbursement-
Computers(670.17)
EDA Programs(23,618.88)
Transfer to Other Funds-
Total Expenses(70,575.02)
Fund Summaries as of September 30, 2020:
EDA Fund Balance - Fund 150 - unaudited, cash balance
63,097.84
Designated for Capital Programs 22,044.41
Undesignated 41,053.43
TIF 3-1 Central MN Credit Union Fund Balance - Fund 152 16,433.51
TIF 4-1 Fortitude Senior Apts Fund Balance - Fund 153 8,317.33
TIF 2-1 Millstream Shops and Lofts Fund Balance - Fund 15731,205.58
TIF 2-2 St. Joseph Meat Market Fund Balance - Fund 158330.16
TIF 2-3 Bayou Blues & Alley Flats Fund Balance - Fund 159(9,837.84)
Lodging Tax Fund Balance - Fund 22025,809.96
DEED CDAP Grant Fund Balance - Fund 22550,296.18
Revolving Loan Fund Balance - Fund 250196,973.88
Designated for Revolving Loan Program 7,419.97
Designated for Economic Development 189,553.91
10/15/20 3:21 PM
City of St. Joseph
Page 1
EDA Balance Sheet
Current Period: September 2020
YTDYTDCurrent
FUND DescrAccount DescrBegin YrDebitCreditBalance
FUND 150 Economic Development
Economic DevelopmentG 150-10100 Cash$29,584.19$100,207.59$76,993.94$52,797.84
Economic DevelopmentG 150-10450 Interest Receivable$159.80$0.00$159.80$0.00
Economic DevelopmentG 150-10500 Accounts Receivable$0.00$0.00$0.00$0.00
Economic DevelopmentG 150-10700 Taxes Receivable - Delinquen$2,089.77$0.00$2,089.77$0.00
Economic DevelopmentG 150-13113 Due From other Gov t Units$5,589.13$0.00$5,589.13$0.00
Economic DevelopmentG 150-15500 Due From Other Fund$10,300.00$0.00$0.00$10,300.00
Economic DevelopmentG 150-20200 Accounts Payable-$4,727.88$4,727.88$0.00$0.00
Economic DevelopmentG 150-20201 Salaries Payable-$205.12$205.12$0.00$0.00
Economic DevelopmentG 150-22204 Deferred Inflow of Resources-$2,089.77$2,089.77$0.00$0.00
Economic DevelopmentG 150-24415 Design. Fd Bal - Operations$0.00$0.00$0.00$0.00
Economic DevelopmentG 150-25310 Unassigned Fund Balance-$40,700.12$82,742.87$105,140.59-$63,097.84
FUND 150 Economic Development$0.00$189,973.23$189,973.23$0.00
FUND 152 TIF 3-1 CMCU
TIF 3-1 CMCUG 152-10100 Cash$3,130.97$22,627.36$9,324.82$16,433.51
TIF 3-1 CMCUG 152-10450 Interest Receivable$7.45$0.00$7.45$0.00
TIF 3-1 CMCUG 152-10500 Accounts Receivable$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-20500 Due To Other Fund$0.00$0.00$0.00$0.00
TIF 3-1 CMCUG 152-25310 Unassigned Fund Balance-$3,138.42$9,332.27$22,627.36-$16,433.51
FUND 152 TIF 3-1 CMCU$0.00$31,959.63$31,959.63$0.00
FUND 153 TIF 4-1 Fortitude Senior Apts
TIF 4-1 Fortitude SeniorG 153-10100 Cash$6,229.11$28,535.76$26,447.54$8,317.33
TIF 4-1 Fortitude SeniorG 153-10450 Interest Receivable$19.71$0.00$19.71$0.00
TIF 4-1 Fortitude SeniorG 153-10500 Accounts Receivable$0.00$0.00$0.00$0.00
TIF 4-1 Fortitude SeniorG 153-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 4-1 Fortitude SeniorG 153-20500 Due To Other Fund$0.00$0.00$0.00$0.00
TIF 4-1 Fortitude SeniorG 153-25310 Unassigned Fund Balance-$6,248.82$26,467.25$28,535.76-$8,317.33
FUND 153 TIF 4-1 Fortitude Senior Apts$0.00$55,003.01$55,003.01$0.00
FUND 157 TIF 2-1 Millstream
TIF 2-1 MillstreamG 157-10100 Cash$30,039.91$23,861.16$22,695.49$31,205.58
TIF 2-1 MillstreamG 157-10450 Interest Receivable$101.98$0.00$101.98$0.00
TIF 2-1 MillstreamG 157-10500 Accounts Receivable$0.00$0.00$0.00$0.00
TIF 2-1 MillstreamG 157-13113 Due From other Gov t Units$0.00$0.00$0.00$0.00
TIF 2-1 MillstreamG 157-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 2-1 MillstreamG 157-25310 Unassigned Fund Balance-$30,141.89$22,797.47$23,861.16-$31,205.58
FUND 157 TIF 2-1 Millstream$0.00$46,658.63$46,658.63$0.00
FUND 158 TIF 2-2 Meat Market
TIF 2-2 Meat MarketG 158-10100 Cash$701.75$4,366.35$4,237.94$830.16
TIF 2-2 Meat MarketG 158-10450 Interest Receivable$3.10$0.00$3.10$0.00
TIF 2-2 Meat MarketG 158-20201 Salaries Payable$0.00$0.00$0.00$0.00
TIF 2-2 Meat MarketG 158-20500 Due To Other Fund-$500.00$0.00$0.00-$500.00
TIF 2-2 Meat MarketG 158-25310 Unassigned Fund Balance-$204.85$4,241.04$4,366.35-$330.16
FUND 158 TIF 2-2 Meat Market$0.00$8,607.39$8,607.39$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat
TIF 2-3 Bayou Blues/AllG 159-10100 Cash$362.69$7,188.47$7,589.00-$37.84
TIF 2-3 Bayou Blues/AllG 159-10450 Interest Receivable$2.37$0.00$2.37$0.00
TIF 2-3 Bayou Blues/AllG 159-13113 Due From other Gov t Units$41.27$0.00$41.27$0.00
10/15/20 3:21 PM
City of St. Joseph
Page 2
EDA Balance Sheet
Current Period: September 2020
YTDYTDCurrent
FUND DescrAccount DescrBegin YrDebitCreditBalance
TIF 2-3 Bayou Blues/AllG 159-20200 Accounts Payable$0.00$0.00$0.00$0.00
TIF 2-3 Bayou Blues/AllG 159-20500 Due To Other Fund-$9,800.00$0.00$0.00-$9,800.00
TIF 2-3 Bayou Blues/AllG 159-25310 Unassigned Fund Balance$9,393.67$7,632.64$7,188.47$9,837.84
FUND 159 TIF 2-3 Bayou Blues/Alley Flat$0.00$14,821.11$14,821.11$0.00
FUND 220 Lodging Tax
Lodging TaxG 220-10100 Cash$34,282.58$9,885.27$18,357.89$25,809.96
Lodging TaxG 220-10450 Interest Receivable$120.60$0.00$120.60$0.00
Lodging TaxG 220-10500 Accounts Receivable$381.93$0.00$381.93$0.00
Lodging TaxG 220-25310 Unassigned Fund Balance-$34,785.11$18,860.42$9,885.27-$25,809.96
FUND 220 Lodging Tax$0.00$28,745.69$28,745.69$0.00
FUND 225 DEED CDAP Grant
DEED CDAP GrantG 225-10100 Cash$32,937.58$17,358.60$0.00$50,296.18
DEED CDAP GrantG 225-10450 Interest Receivable$122.24$0.00$122.24$0.00
DEED CDAP GrantG 225-25310 Unassigned Fund Balance-$33,059.82$122.24$17,358.60-$50,296.18
FUND 225 DEED CDAP Grant$0.00$17,480.84$17,480.84$0.00
FUND 250 Revolving Loan Fund
Revolving Loan FundG 250-10100 Cash$219,625.50$12,459.47$34,850.00$197,234.97
Revolving Loan FundG 250-10450 Interest Receivable$1,002.95$0.00$1,264.04-$261.09
Revolving Loan FundG 250-11900 Notes Receivable$52,500.00$0.00$52,500.00$0.00
Revolving Loan FundG 250-22204 Deferred Inflow of Resources-$51,373.70$51,373.70$0.00$0.00
Revolving Loan FundG 250-24415 Design. Fd Bal - Operations-$33,571.12$0.00$0.00-$33,571.12
Revolving Loan FundG 250-25310 Unassigned Fund Balance-$188,183.63$37,240.34$12,459.47-$163,402.76
FUND 250 Revolving Loan Fund$0.00$101,073.51$101,073.51$0.00
$0.00$494,323.04$494,323.04$0.00
10/15/20 3:22 PM
City of St. Joseph
Page 1
EDA Check Register
CHECK
#Search NameCommentsFUNDDEPARTAmount
056668BRUNO PRESSSeptember 2020 CVB Social M22046500$750.00
056675MINNESOTA STREET MARKETRevolving Loan25046500$24,750.00
056680ST. JOSEPH NEWSLEADER, INCFireworks Crier22046500$40.00
056750MIDCONTINENT COMMUNICATIONSSeptember 2020 Telephone/Fi15046500$115.41
056753NATURALLY WIRED DESIGNSAdditional Add On Pages to Sit22046500$450.00
$26,105.41
10/15/20 3:23 PM
City of St. Joseph
Page 1
EDA Revenue Report
Current Period: September 2020
2020September2020
Account DescrSOURCYTD Budget2020 AmtYTD Amt
FUND 150 Economic Development
R 150-46500-31010 Current Ad Valorem Taxes31010$124,530.00$0.00$64,330.33
R 150-46500-33160 Federal Grants - Other33160$0.00$0.00$0.00
R 150-46500-34150 TIF/MIF Deposit34150$0.00$0.00$0.00
R 150-46500-34160 Tax Abatement Reimbursement34160$0.00$0.00$4,691.00
R 150-46500-36210 Interest Earnings36210$1,000.00$73.27$896.88
R 150-49302-36260 Surplus Property36260$0.00$0.00$24,500.00
R 150-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
FUND 150 Economic Development$125,530.00$73.27$94,418.21
FUND 152 TIF 3-1 CMCU
R 152-46500-31050 Tax Increment31050$0.00$0.00$22,483.65
R 152-46500-36210 Interest Earnings36210$0.00$23.30$136.26
R 152-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
FUND 152 TIF 3-1 CMCU$0.00$23.30$22,619.91
FUND 153 TIF 4-1 Fortitude Senior Apts
R 153-46500-31050 Tax Increment31050$0.00$0.00$28,225.87
R 153-46500-34150 TIF/MIF Deposit34150$0.00$0.00$0.00
R 153-46500-36210 Interest Earnings36210$0.00$20.35$196.48
R 153-49302-39201 Transfers from Other Funds39201$0.00$0.00$93.70
FUND 153 TIF 4-1 Fortitude Senior Apts$0.00$20.35$28,516.05
FUND 157 TIF 2-1 Millstream
R 157-46500-31050 Tax Increment31050$0.00$0.00$23,001.36
R 157-46500-36210 Interest Earnings36210$0.00$44.21$757.82
FUND 157 TIF 2-1 Millstream$0.00$44.21$23,759.18
FUND 158 TIF 2-2 Meat Market
R 158-46500-31050 Tax Increment31050$0.00$0.00$4,339.61
R 158-46500-36210 Interest Earnings36210$0.00$2.69$23.64
R 158-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
FUND 158 TIF 2-2 Meat Market$0.00$2.69$4,363.25
FUND 159 TIF 2-3 Bayou Blues/Alley Flat
R 159-46500-31050 Tax Increment31050$0.00$0.00$7,126.56
R 159-46500-36210 Interest Earnings36210$0.00$3.01$18.27
R 159-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
FUND 159 TIF 2-3 Bayou Blues/Alley Flat$0.00$3.01$7,144.83
FUND 220 Lodging Tax
R 220-46500-31600 Lodging Tax31600$14,000.00$1,081.83$3,647.68
R 220-46500-34409 Marketing34409$200.00$0.00$0.00
R 220-46500-36210 Interest Earnings36210$500.00$30.67$735.06
R 220-46500-36230 Contributions - General36230$0.00$0.00$5,000.00
FUND 220 Lodging Tax$14,700.00$1,112.50$9,382.74
FUND 225 DEED CDAP Grant
R 225-46500-34200 DEED Housing Reimbursement34200$0.00$0.00$16,221.28
R 225-46500-36210 Interest Earnings36210$1,000.00$59.89$1,015.08
R 225-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
FUND 225 DEED CDAP Grant$1,000.00$59.89$17,236.36
FUND 250 Revolving Loan Fund
10/15/20 3:23 PM
City of St. Joseph
Page 2
EDA Revenue Report
Current Period: September 2020
2020September2020
Account DescrSOURCYTD Budget2020 AmtYTD Amt
R 250-46500-36210 Interest Earnings36210$2,000.00$267.90$4,528.64
R 250-49302-39201 Transfers from Other Funds39201$0.00$0.00$0.00
R 250-46500-39320 Loan Principal39320$6,860.00$155.07$4,436.63
R 250-46500-39321 Loan Interest39321$1,465.00$24.62$1,003.86
R 250-46500-39322 Loan Origination Fee39322$0.00$0.00$100.00
FUND 250 Revolving Loan Fund$10,325.00$447.59$10,069.13
$151,555.00$1,786.81$217,509.66
2,728.41
19,316.00 78,378.00
211,598.32
189,553.91208,869.91
9/30
670.17
25,454.17
24,784.0024,784.00
9/30through
Reimbursed100,247.00
500.00
44,600.00
EDA
44,100.0044,100.00
Plan
2019
9
2019
18,
16,
Award178,625.00
June
2,898.58
192,452.49
189,553.91189,553.91
Expenditures
Availablethrough
Improvement
12/31/201
December
Capital
Capital
Recommended:
Adopted
2020
Fund
EDA
General
Housing Grant Draw Down
Computer SoftwareBusiness DevelopmentBusiness Development
EDA-1401EDA-1402EDA-1402
CodeNumberEquipmentBalance202020202020Balance
P
ProjectProjectReserveBudgetGrants/AidsSpent2020
DepartmentAccount
EDA150-46500-582EDA150-46500-588RLF250-46500-588 TOTAL EDA CI
CVB2020FinancialSummary
AsofSeptember30,2020
BeginningFundBalance112034,785.11$
YTDRev
Customer2020
InterestEarnings735.06$
TshirtSales$
BeanieHatSales$
FireworksDonations5,000.00$
RodewayInnLodgingTax3,254.16$
CSBLodgingTax$
EstatesB&BLodgingTax393.52$
$9,382.74
YTDExp
Vendor2020
BrunoPresssocialmediacampaign6,750.00$
ExploreMinnesotaConference561.66$
RubinskiWorksVideos2,250.00$
WebsiteHosting3,528.35$
ResPyroFireworks5,267.88$
ThinkTourismUSAMagazineAd$
MinnesotaPublicRadioAd$
87LumensEventPhotos$
Krillan,Inc.Tshirts$
Krillan,Inc.BeanieHats$
NewcomerServiceMagazineAd$
$18,357.89
EndingCashBalance9302025,809.96$
EDAAgenda Item 4c
MEETING DATE:October 19, 2020
AGENDA ITEM:CVB Financial Report
SUBMITTED BY:Finance
STAFFRECOMMENDATION: Consider acceptance of the September 30, 2020 Financial Reports
PREVIOUS BOARD ACTION:None
BACKGROUND INFORMATION:Attached is the reconciled September 30, 2020 CVB financial
reports. The fund currently has a balance of $25,810. Lodging tax is the main revenue source for the
CVB. Lodging tax has been down significantly in 2020 due to the Governor’s shut down in response to
the Coronavirus pandemic.
The CVB continues to pay Mary Bruno a monthly stipend of $750 to maintain the social media and
coordination of the CVB. A website has been established and quarterly videos continue.
The CVB should establish their projects for 2021 and present to either the October or November EDA
members. The budget needs to be adopted by December. Annually, the lodging tax is roughly $14,000.
CVB projects should fit intothis amount.
BUDGET/FISCAL IMPACT:Informational Only
ATTACHMENTS:Lodging Tax Summary
CVB Balance Sheet
CVB Revenue Guideline
CVB Expenditure Guideline
REQUESTED BOARDACTION:Consider acceptance of the financial reports as presentedand
propose the 2021 CVB budget.
CVB2020FinancialSummary
AsofSeptember30,2020
BeginningFundBalance112034,785.11$
YTDRev
Customer2020
InterestEarnings735.06$
TshirtSales$
BeanieHatSales$
FireworksDonations5,000.00$
RodewayInnLodgingTax3,254.16$
CSBLodgingTax$
EstatesB&BLodgingTax393.52$
$9,382.74
YTDExp
Vendor2020
BrunoPresssocialmediacampaign6,750.00$
ExploreMinnesotaConference561.66$
RubinskiWorksVideos2,250.00$
WebsiteHosting3,528.35$
ResPyroFireworks5,267.88$
ThinkTourismUSAMagazineAd$
MinnesotaPublicRadioAd$
87LumensEventPhotos$
Krillan,Inc.Tshirts$
Krillan,Inc.BeanieHats$
NewcomerServiceMagazineAd$
$18,357.89
EndingCashBalance9302025,809.96$
10/15/20 3:20 PM
City of St. Joseph
Page 1
CVB Balance Sheet
Current Period: September 2020
YTDYTDCurrent
FUND DescrAccount DescrBegin YrDebitCreditBalance
FUND 220 Lodging Tax
Lodging TaxG 220-10100 Cash$34,282.58$9,885.27$18,357.89$25,809.96
Lodging TaxG 220-10450 Interest Receivable$120.60$0.00$120.60$0.00
Lodging TaxG 220-10500 Accounts Receivable$381.93$0.00$381.93$0.00
Lodging TaxG 220-25310 Unassigned Fund Balance-$34,785.11$18,860.42$9,885.27-$25,809.96
FUND 220 Lodging Tax$0.00$28,745.69$28,745.69$0.00
$0.00$28,745.69$28,745.69$0.00
10/15/20 3:21 PM
City of St. Joseph
Page 1
CVB Lodging Tax Revenue
Current Period: September 2020
2020
Account DescrYTD Amt2019 Amt2018 Amt
FUND 220 Lodging Tax
R 220-46500-31600 Lodging Tax$3,647.68$15,583.89$15,930.43
R 220-46500-34409 Marketing$0.00$825.00$0.00
R 220-46500-36210 Interest Earnings$735.06$1,317.20$166.67
R 220-46500-36230 Contributions - General$5,000.00$0.00$0.00
FUND 220 Lodging Tax$9,382.74$17,726.09$16,097.10
$9,382.74$17,726.09$16,097.10
10/15/20 3:20 PM
City of St. Joseph
Page 1
CVB Lodging Tax Expenditure
Current Period: September 2020
20202020
Act CodeOBJ DescrYTD BudgetYTD Amt2019 Amt2018 Amt
FUND 220 Lodging Tax
220-46500-300Professional Services$3,000.00$6,750.00$7,189.00$5,800.00
220-46500-309Visitors Bureau$9,200.00$7,477.88$4,075.00$0.00
220-46500-328Marketing$2,000.00$3,528.35$2,728.50$0.00
220-46500-331Travel & Conference E$0.00$561.66$0.00$0.00
220-46500-340Advertising$500.00$40.00$0.00$0.00
FUND 220 Lodging Tax$14,700.00$18,357.89$13,992.50$5,800.00
$14,700.00$18,357.89$13,992.50$5,800.00