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HomeMy WebLinkAbout05.17.21 www.cityofstjoseph.com St. Joseph City Council May 17, 2021 AMENDED 6:00 PM **The City Council meeting will be conducted in-person in the council chambers of the St. Joseph Government Center. Members of the public can attend in-person or via Zoom. Zoom attendees wanting to speak during item 2. Public Comments, contact City Clerk Kayla Klein by noon on the day of the meeting. This will ensure (320) 229-9421, kklein@cityofstjoseph.com that you will be heard at the appropriate time during the meeting.** Join Zoom Meeting https://zoom.us/j/93326838588?pwd=Z2RxWjE2eDErSXFMaFdyYWJlc2NwQT09 Meeting ID: 933 2683 8588 Passcode: 413795 One tap mobile +13017158592,,93326838588#,,,,*413795# US (Washington DC) +13126266799,,93326838588#,,,,*413795# US (Chicago) Dial by your location +1 301 715 8592 US (Washington DC) +1 312 626 6799 US (Chicago) +1 929 205 6099 US (New York) +1 253 215 8782 US (Tacoma) +1 346 248 7799 US (Houston) +1 669 900 6833 US (San Jose) 1. 6:00 PM Call to order - Pledge of Allegiance 2. Public Comments Up to 3 speakers will be allowed for up to 3 minutes each to address the council with questions/concerns/comments (regarding an item NOT on the agenda). No Council response or action will be given/taken other than possible referral to Administration. 3. Approve Agenda 4. Consent Agenda a. Minutes – Requested Action: Approve the minutes of May 3, 2021. b. Bills Payable – Requested Action: Approve check numbers 057689-057750, Payroll EFT # 112063-112069, Accounts Payables EFT # 1984-1986, and Pay Periods 9,9.01, and Council Pay Period 5 c. Treasurer’s Report – Requested Action: Approve the April Financial Reports as presented. d. Donations – Requested Action: Approve Resolution 2021-026 accepting donations. 4.1 Bollig Engineering 5. 2020 Audit Presentation – BerganKDV 6. Request for Proposals – Community Center Fundraising 7. Engineer Reports a. 2021 Street & Utility Improvements 8. Water Plant I 9. Department Head Reports a. Administration b. Community Development 75 Callaway Street East | Saint Joseph, Minnesota 56374 Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342 www.cityofstjoseph.com c. Finance d. Public Works e. Police 10. Mayor Reports 11. Adjourn 75 Callaway Street East | Saint Joseph, Minnesota 56374 Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342 May 3, 2021 Page 1 of 4 Pursuant to due call and notice thereof, the City Council for the City of St. Joseph met in regular session on Monday, May 3, 2021, at 6:00 PM in the St. Joseph Government Center. Members Present:Mayor Rick Schultz.CouncilorsBob Loso, Brian Theisen, Kevin Kluesner, Kelly Beniek City Representatives Present: Administrator Therese Haffner, City Clerk Kayla Klein, Finance Director Lori Bartlett, Community Development Director Nate Keller, Public Works Superintendent Ryan Wensmann, Police Chief Dwight Pfannenstein, City Engineer Randy Sabart Public Comment: Jacob Czech, SJU Senate spoke to the Council regarding CASE day. Czech read the article he published in The Record advising students to be smart and respectful. Approve Agenda: Loso made a motion to approve the agenda, moving item 7. Knife River Development Agreement/Final Plat to item 12; seconded by Theisen and passed unanimously. Consent Agenda: Theisen made a motion to approve consent agenda; seconded by Loso and passed unanimously. a. Minutes – Requested Action: Approve the minutes of April 5, 2021 and April 19, 2021. b. Bills Payable – Requested Action: Approve check numbers 057653-057688, Accounts Payables EFT #1983, Payroll EFT 112063-112069 and Regular Pay Period 8, 8.01. c. Application for Payment, Final Payment – Requested Action: Approve application for payment 6 for the 2019 Bituminous Street & CIP Improvements to Knife River Corporation in the amount of $36,068.00. d. Stray Animal Impound Agreement – Requested Action: Approve the Stray Animal Impound Agreement between Tri-County Humane Society and the City of St. Joseph for 2021. Public Hearing – Fee Schedule Amendment: The 2021 fee schedule was adopted in December, 2020. Since then, staff recognized minor changes and additions. To adopt, the City Council would need to hold a public hearing and adopt an amending ordinance. Schultz opened the public hearing. As no one wished to speak on the matter, Schultz closed the public hearing. Loso moved to adopt Ordinance 2021-07 An Ordinance Amending the 2021 City Fee Schedule; seconded by Theisen and passed unanimously. Schultz moved to approve Resolution 2021-023 Authorizing Summary Publication of Ordinance 2021-07; seconded by Theisen and passed unanimously. Street Closure Request – Weathered Revivals: Weathered Revivals submitted a special event application for an event to be held on June 23, 2021 from 5PM –8PM. The alley closure request prompted Council approval. Theisen moved to approve the street closure request submitted by Weathered Revivals for an event to be held from 5-8PM on June 23, 2021; seconded by Beniek and passed unanimously. Ordinance Amendments, Site Plan Review:The Planning Commission conducted a public hearing and th recommended approval of the ordinance amendments at their April 12meeting. Currently, the city requires new multi-family, commercial, or industrial construction projects to obtain site plan review and approval before a building permit can be submitted. Staff recommended putting a trigger point on when site plan approval is needed. When a project results in an expansion of 25% or more of the existing building footprint area or if a detached structure is proposed that is greater than 50% of the size of the principle building. May 3, 2021 Page 2 of 4 Kluesner moved to adopt Ordinance 2021-08 Amending Section 502.12, Subd. 14 of the City Code; seconded by Schultz and passed unanimously. th Ordinance Amendment, Outdoor Dining/Sidewalk Café:The council provided comments at the April 5 meeting and staff brought back revised language that was approved by the Planning Commission at their th April 12 meeting. The proposed changes to the ordinance are meant to be flexible, and streamline the approval process but also maintain minimum standards that are reflective of the City’s character and expectations. Currently the ordinance requires Planning Commission and City Council approval for proposed outdoor patios and sidewalk cafes. The amendment would eliminate those approval requirements and allow for staff to approve administratively. Beniek moved to adopt Ordinance 2021-09 Amending Section 502.22 Outdoor Dining/Sidewalk Cafes; seconded by Schultz and passed unanimously. Schultz moved to approve Resolution 2021-025 Directing Summary Publication of Ordinances 2021-08 and 2021-009; seconded by Theisen and passed unanimously. Public Works Summer Seasonal: The Public Works Department requested approval of two summer seasonal positions at a wage of $15.00/hour. Loso moved to approve two summer seasonal positions and approval of the wage increase to $15.00 per hour; seconded by Beniek and passed unanimously. Community Center Fundraising: In 2019, the City Council approved a fundraising study presented by Fair Winds Consulting. At that time the Council also recommended sending that report back to the Community Center Committee for review and recommendation. The Council discussed how the RFPs should be vetted; whether to include the committee in the discussions or just have staff complete the vetting. General consensus was to have staff prepare an RFP for fundraising efforts with the vetting process similar to that of the RFP for the design of the community center. Entrance Sign Request for Proposals: Schultz prepared an RFP for entrance signs. Potential locations are MN Street and County Road 2 and on County Road 75 W. Loso wanted the RFP to reference electronic signage. Haffner noted that for signage, Cities do not typically go through an RFP process. Rather, staff can solicit 3 quotes with schematics for the project and bring back to council. Theisen made a motion authorizing staff to move forward with a bidding process or RFP for entrance signs; seconded by Beniek and passed unanimously. Social Media Policy: Councilmember Beniek wanted clarification that the City’s Social Media Policy applies to councilmembers. City Clerk Klein read an excerpt from the policy that stated: “This policy also covers the private use of the City’s social media accounts by all City representatives, including its employees and agents, Councilmembers, appointed board or commission members and all volunteers to the extent it affects that City.” Council consensus was that the current policy language was sufficient. May 3, 2021 Page 3 of 4 Knife River Development Agreement/Final Plat:CLC Partners proposed to final plat portions of parcels 84.53350.0310 and 84.53350.0295. The intent of the plat was to facilitate the sale of the land and future construction of a rail spur/trans loading station which would connect from the south. Staff outlined two options in the draft Development Agreement for consideration. Option 1 put forth the various triggers that would determine when the roadway improvements would occur and would place responsibility on the “benefitting” properties through assessments. Benefitting properties are those that are directly adjacent to the roadway extension. Triggers for option 1 included: property development either through a site plan application, re-plat, or final plat. Option 1 was non-traditional and the vast majority of plats follow option 2. Option 2 follows standard platting procedure and places the responsibility of construction of the roadway extensions onto the developer who is platting the land. The Development Agreement has a timeline of 2026, or sooner, if the property further develops, to construct the extensions. Option 2 was the recommendation by staff. If the site does not develop in the intended timeline, the Developer can request an extension. Those in attendance on behalf of the applicant included: Corey Ehlert, Kevin Cox, Tim Trobec, John Quade Discussion topics included: Whether the Development Agreement should be between the City and CLC Partners or between the City and Knife River. Whether to table decision until the Council can get a better grasp on the request. Having the Development Agreement with the Developer platting the property is a requirement of the City’s Subdivision Ordinance. What the outcome would be if the Council went against the Subdivision Ordinance. The Council recommended having staff obtain legal advice. Approval of just the final plat with the removal of Outlot G in order to extend the cul-de-sac to the east. Quade provided an overview of Knife River’s intent with the property. Loso moved to approve Resolution 2021-024 Approving the Knife River Addition Final Plat with the removal of Outlot G; seconded by Theisen. Aye: Beniek, Kluesner, Theisen, Loso Motion Carried 4:0:1 Nay: None Abstain: Schultz Neither Development Agreement options were acted upon. Staff was directed to contact legal regarding the zoning ordinance and any potential amendments to the Development Agreement. Engineer Reports: Sabart provided a brief update on a survey on the beltway. The survey will be on the City’s website as well as the APO’s. Mayor Reports: Schultz reported on the following: The APO is conducting a study on the top 15 regional project priorities The Park Board met and discussed a possible baseball camp organized by Al Newman at Millstream Park; surveys for Hollow Park and Klinefelter Park will be conducted; a youth disc golf th at Millstream Park clinic will take place on June 7 Schultz contacted CSB regarding the sale of the lot to the north of the Government Center. The lot to the south is for sale but it is also larger and more expensive Other Business: One application was received for the Recreation Director. Six applications were received th for the police officer position. The next Council work session is May 25 at 5:30PM. May 3, 2021 Page 4 of 4 Adjourn:Theisenmade a motion to adjourn at 8:10PM; seconded by Schultzand passed unanimously. Kayla Klein City Clerk Council Agenda Item 4b MEETING DATE:May 17, 2021 AGENDA ITEM: Bills Payable SUBMITTED BY: Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: None PREVIOUS COUNCIL ACTION: See below BACKGROUND INFORMATION: The council approved staff to make the following payments through the payroll contracts, regular monthly invoices with due dates prior to the next scheduled council meeting, or actions taken at previous council meetings. The information here is to provide you all checks and electronic payments made for verification of the disbursement completeness. BUDGET/FISCAL IMPACT: Bills Payable – Checks Mailed Prior to Council Approval Check Numbers 057689-057715 $209,121.96 Reg PP 9, Reg PP 9.01, Council PP 5 $47,452.86 Accounts Payable EFT #1984-1986 $2,960.77 Payroll EFT #112063-112069$34,213.30 Total $341,201.75 Bills Payable – Checks Awaiting Council Approval Check Numbers 057716-057750 $168,672.47 Total $168,672.47 Total Budget/Fiscal Impact: $509,874.22 Various Funds ATTACHMENTS: Request for Council Action – Bills Payable Bills Payable – Checks Mailed Prior to Council Approval REQUESTED COUNCIL ACTION: Approve the bills payables as presented. CITYOFSTJOSEPH EFTs&PayrollPaidPriorToCouncilApproval Check#DateSearchNameCommentsAmountFUNDDEPARTOBJ ACHPAYROLLREGPP9,REGPP9.01,CCPP547,452.86 11207005May21SENTRYBANKRegpp9HSAdeposit$3,246.00101 11207105May21EFTPSRegpp9,9.01,Councilpp5FICA/FedTax/Medicare$5,218.25101 11207105May21EFTPSRegpp9,9.01,Councilpp5FICA/FedTax/Medicare$6,832.62101 9,9.01,Councilpp5statetax$2,166.98101 11207205May21COMMISSIONEROFREVENUERegpp 11207305May21PERARegpp9,Councilpp5PERAw/h$13,827.68101 11207405May21VOYAFINANCIALRegpp9deferredcomp$2,613.03101 11207505May21AMERICANFUNDSRegpp9529collegesavings$150.00101 11207605May21MINNESOTACHILDSUPPORTCENTERRegpp9childsupport$158.74101 00198430Apr21SENTRYBANKAprilbankfeespayrollach$20.0010141430317 00198430Apr21SENTRYBANKAprilbankfeescorrectcheck57513clearing($0.04)10141430317 00198430Apr21SENTRYBANKAprilbankfeesUBnsf$100.9160100000 00198503May21PAYMENTSERVICENETWORKAprilPSNfees$243.9010141530300 00198606May21COMMISSIONEROFREVENUEAprilsales/usetax$1.5910141430441 00198606May21COMMISSIONEROFREVENUEAprilsales/usetax$114.3810145202441 00198606May21COMMISSIONEROFREVENUEAprilsales/usetax$523.4860100000 00198606May21COMMISSIONEROFREVENUEAprilsales/usetax$1,956.5560300000 EFTTotal$84,626.93 CITYOFSTJOSEPH BillsPayablePaidPriorToCouncilApproval Check#DateSearchNameCommentsAmountFUNDDEPARTOBJ 05768906May21AFSCMECOUNCIL65Maydues$585.0010121707 05769006May21BLUECROSSBLUESHIELDMNMaymedicalinsurance$29,673.1410121706 05769106May21BRUNOPRESSMayCVBsocialmedia$750.0022046500300 05769206May21CITYOFST.CLOUDMarwastewaterSISphase4$4,545.8360249480418 05769206May21CITYOFST.CLOUDMarwastewaterMainLift$4,403.7360249480418 05769206May21CITYOFST.CLOUDMarwastewaterRUE$23,190.5960249480418 05769206May21CITYOFST.CLOUDMarwastewaterNR2$8,322.9060249480418 05769206May21CITYOFST.CLOUDMarwastewater$22,934.1460249480419 05769306May21DETECTIONINSTRUMENTSCORPOdaLogL2calibration$274.0060249450300 05769406May21DOONER,ASHLEYrefundcompost,wrongfeepaid$35.006030000032000 05769506May21FIRSTNETAprilcellphone/hotspots$467.1510142151321 05769506May21FIRSTNETAprilcellphone/hotspots$148.7710143120321 05769506May21FIRSTNETAprilcellphone/hotspots$148.7710145202321 05769506May21FIRSTNETAprilcellphone/hotspots$97.1760149440321 05769506May21FIRSTNETAprilcellphone/hotspots$82.5860249450321 05769506May21FIRSTNETAprilcellphone/hotspots$85.3865149900321 05769506May21FIRSTNETAprilcellphone/hotspots$44.9210145204321 05769506May21FIRSTNETAprilcellphone/hotspots$23.5810145205321 05769506May21FIRSTNETAprilcellphone/hotspots$23.5810141942321 05769506May21FIRSTNETAprilcellphone/hotspots$44.9210141910321 05769506May21FIRSTNETAprilcellphone/hotspots$83.1510141430321 05769506May21FIRSTNETAprilcellphone/hotspots$49.9510141530321 05769506May21FIRSTNETAprilcellphone/hotspots$76.4610542250321 05769606May21FLEXIBLEPIPETOOLCOMPANYINCSewerCameray$33,500.0060249450580 05769706May21FORESTRYSUPPLIERSINCstormwatertankgasket,igniter$71.5565149900220 05769806May21GOODINCOMPANYonekeypresstool$866.2010143120240 05769806May21GOODINCOMPANYonekeypresstool$866.2010145202240 05769806May21GOODINCOMPANYonekeypresstool$866.2060149440240 05769806May21GOODINCOMPANYonekeypresstool$866.2060249450240 05769906May21GOPHERSTATEONECALLAprillocates$36.4560149440319 05769906May21GOPHERSTATEONECALLAprillocates$36.4560249490319 05770006May21HOLIDAYSTORESAprilfuel/rebates$24.3910142152235 05770006May21HOLIDAYSTORESAprilfuel/rebates$12.5010143120235 05770006May21HOLIDAYSTORESAprilfuel/rebates$12.5010145202235 05770006May21HOLIDAYSTORESAprilfuel/rebates$12.5060149440235 05770006May21HOLIDAYSTORESAprilfuel/rebates$12.5060249450235 05770006May21HOLIDAYSTORESAprilfuel/rebates($2.35)10142152235 05770006May21HOLIDAYSTORESAprilfuel/rebates($1.27)10143120235 05770006May21HOLIDAYSTORESAprilfuel/rebates($1.27)10145202235 05770006May21HOLIDAYSTORESAprilfuel/rebates($1.27)60149440235 05770006May21HOLIDAYSTORESAprilfuel/rebates($1.27)60249450235 05770006May21HOLIDAYSTORESAprilsquadwashes$2.3110142152235 05770106May21KERN,DEWENTER,VIERE,LLCauditinterim$4,800.0010141540301 05770206May21KNIFERIVERCORPORATION2019streetprojectFinalPayApp#6$36,068.0040743120530 05770306May21KURKOWSKI,HANNAH2021FSAdental$5,000.0010121706 05770406May21LAWENFORCEMENTLABORSERVICESMaydues$571.5010121707 05770506May21MINNESOTAPAVING&MATERIALSHardyMix3.93tn$491.2510143120220 05770606May21MVTLLABORATORIES,INCwastewatertesting$434.5060249480312 05770606May21MVTLLABORATORIES,INCwastewatertesting$126.5060249480312 05770706May21OREILLYAUTOPARTS#29cabinfilter$2.8510143120230 05770706May21OREILLYAUTOPARTS#29cabinfilter$2.8510145202230 05770706May21OREILLYAUTOPARTS#29cabinfilter$2.8460149440230 05770706May21OREILLYAUTOPARTS#29cabinfilter$2.8560249450230 05770806May21POWERHOUSEOUTDOOREQUIPdownpaymentSt.JoeSaintsBaseballinfieldtractor$500.0010145125580 05770906May21RIDGEWOODCONTRACTING,LLCcompostpermitsthrough4/30/21$11,870.0060343230300 movePDphone/addcameraevidenceroom,removecardreader 05771006May21SCHWEGELCOMMUNICATIONSINC$407.9910142120300 commctr,updateadminphones movePDphone/addcameraevidenceroom,removecardreader 05771006May21SCHWEGELCOMMUNICATIONSINC$20.0010141430300 commctr,updateadminphones movePDphone/addcameraevidenceroom,removecardreader 05771006May21SCHWEGELCOMMUNICATIONSINC$187.5010145205300 ctr,updateadminphones comm 05771106May21SHIFTTECHNOLOGIES,INC.antivirusApril$241.5010141710215 05771106May21SHIFTTECHNOLOGIES,INC.managedservicesMay$297.5010141710215 05771206May21SHREDITshredservice4/20/21$36.9810141430410 CITYOFSTJOSEPH BillsPayablePaidPriorToCouncilApproval Check#DateSearchNameCommentsAmountFUNDDEPARTOBJ 05771206May21SHREDITshredservice4/20/21$36.9710142120410 05771306May21THEHARTFORDMaylifeinsurance$166.2510121711 05771406May21TRAUTWELLS,INCpotablewatertesting$200.0060149420312 05771506May21XCELENERGYAprilgas/electric$122.5910141941381 05771506May21XCELENERGYAprilgas/electric$20.0810141941383 05771506May21XCELENERGYAprilgas/electric$1,033.9010141942381 05771506May21XCELENERGYAprilgas/electric$513.2310141942383 05771506May21XCELENERGYAprilgas/electric$7.0410142500326 05771506May21XCELENERGYAprilgas/electric$96.4110143120381 05771506May21XCELENERGYAprilgas/electric$80.5010143120383 05771506May21XCELENERGYAprilgas/electric$17.3510145123381 05771506May21XCELENERGYAprilgas/electric$26.7510145123383 05771506May21XCELENERGYAprilgas/electric$64.2810145201381 05771506May21XCELENERGYAprilgas/electric$147.7410145201383 05771506May21XCELENERGYAprilgas/electric$598.9610145202381 05771506May21XCELENERGYAprilgas/electric$46.7710145202383 05771506May21XCELENERGYAprilgas/electric$2,012.1110145205381 05771506May21XCELENERGYAprilgas/electric$1,567.9410145205383 05771506May21XCELENERGYAprilgas/electric$566.2910542280381 05771506May21XCELENERGYAprilgas/electric$210.6010542280383 05771506May21XCELENERGYAprilgas/electric$103.7160149410381 05771506May21XCELENERGYAprilgas/electric$77.8460149410383 05771506May21XCELENERGYAprilgas/electric$700.1860149420381 05771506May21XCELENERGYAprilgas/electric$114.6660149420383 05771506May21XCELENERGYAprilgas/electric$2,375.6560149421381 05771506May21XCELENERGYAprilgas/electric$518.4360149421383 05771506May21XCELENERGYAprilgas/electric$270.4960149435381 05771506May21XCELENERGYAprilgas/electric$284.7960249470381 05771506May21XCELENERGYAprilgas/electric$41.6760249471383 05771506May21XCELENERGYAprilgas/electric$311.5560249480381 05771506May21XCELENERGYAprilgas/electric$48.7560249480383 05771506May21XCELENERGYAprilgas/electric$2,404.6465243160386 $209,121.96 Total Bills Payable - Mailed Prior to Council Approval CITYOFSTJOSEPH BillsPayableChecksNotMailedAwaitingCouncilApproval Check#DateSearchNameCommentsAmountFUNDDEPARTOBJ 05771613May21CENTRALMCGOWAN,INChighpressuremediumPW$7.1210145201210 05771713May21CINTASCORPORATIONNO.2rugs,towels,airfreshenersApr$52.0960249490210 05771713May21CINTASCORPORATIONNO.2rugs,towels,airfreshenersApr$4.4160149490210 05771713May21CINTASCORPORATIONNO.2rugs,towels,airfreshenersApr$3.9910145201210 05771713May21CINTASCORPORATIONNO.2rugs,towels,airfreshenersApr$52.3010142120210 05771713May21CINTASCORPORATIONNO.2rugs,towels,airfreshenersApr$23.1110141430210 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$23.7460249450171 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$102.4965149900171 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$102.4960343230171 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$102.4960149440171 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$23.5210145202171 05771713May21CINTASCORPORATIONNO.2PWuniformsApr$178.6010143120171 05771813May21CORE&MAINLPWTP1saddle$259.8460149420220 05771913May21ELITEREFRIGERATIONHEAT&AIRWTP2inducermotorboiler#1,glycol,hardware$1,105.6360149421220 05772013May21EOJOHNSONBUSINESSTECHblockade5/206/19$352.0010141710215 05772113May21FARMRITEEQUIPMENT,INC.oil,fuelfiltersBobcat$16.0210145202220 05772113May21FARMRITEEQUIPMENT,INC.oil,fuelfiltersBobcat$16.0110143120220 05772213May21FLEET&SURPLUSSERVICESAprilsquadleases$1,238.1810142152414 05772313May21GALLSINCarmorskinshirt,embroidery,batonholderMilostan$108.1010142120171 05772413May21GOODINCOMPANYWTP2pump$1,072.6460149421220 05772413May21GOODINCOMPANYsoftballfieldscappropress$30.2410145202220 05772513May21GRANITEELECTRONICS,INCARMERBDAsystemannualmaintcontract$521.4010142151233 05772513May21GRANITEELECTRONICS,INCblackphantomantennaPD$108.1310142152230 05772513May21GRANITEELECTRONICS,INCchargerbase&backupbatteriesfornewFDradios$1,064.0010542250580 05772613May21INSPECTRONINCbuildinginspectionservicesApr$7,500.0010142401300 05772713May21JACKSOILDISTRIBUTING,INC.oil$159.8310143120235 05772713May21JACKSOILDISTRIBUTING,INC.oil$159.8310145202235 05772713May21JACKSOILDISTRIBUTING,INC.oil$159.8260149440235 05772713May21JACKSOILDISTRIBUTING,INC.oil$159.8260249450235 05772813May21KAYSKITCHENMayFRmeeting$167.8510121712 05772913May21KWIKTRIPPDfuelApril$2,464.0510142152235 05772913May21KWIKTRIPPDfuelApril($231.75)10142152235 05772913May21KWIKTRIPPDsquadwasheslApril$38.0010142152230 05773013May21LEESACEHARDWAREgaragehozehozzlePD$12.9910142120220 05773013May21LEESACEHARDWAREsuppliesinstallradiosintrucks$196.6810542220210 05773013May21LEESACEHARDWAREPDmarkerpaintwhite,yellow$18.3610542220240 05773113May21LEXISNEXISmonthlyPDsubscriptionfee$100.0010142120300 05773213May21MCFOAMembershipduesKlein$45.0010141430433 05773313May21MIDCENTRALDOORCOMPANYreplaceballparkdoor$2,113.4810145202220 05773313May21MIDCENTRALDOORCOMPANYreplaceballparkdoor$332.0010145202220 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$220.0510141430321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$355.1010542250321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$440.1060149421321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$355.0960149420321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$355.0910145201321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$320.0960149435321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$320.0960249480321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$148.3810145205321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$115.1015046500321 05773413May21MIDCONTINENTCOMMUNICATIONSfiberlinesApr$220.0510142151321 05773513May21MINNESOTAFIRESERVICEBOARDFF1,FF2certexamBonacci,Koepke,Richter$720.0010542240443 05773613May21MINNESOTAPAVING&MATERIALScoldmix$436.2510143120220 05773713May21MNCHIEFSOFPOLICEASSOCATIONpermittoacquirepermits$37.5010142120200 05773813May21NAGELLAPPRAISAL&CONSULTING2021streetimprovementsassessments$1,800.0041143120530 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest20C$7,463.8831447100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest20C$2,863.4060147100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest15A$3,975.0035147100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest14A$21,217.5035047100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest14A$6,957.5060147100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest10B$4,496.2534547100611 05773913May21NORTHLANDTRUSTSERVICESINCJune1bondinterest12A$34,703.7560147100611 CITYOFSTJOSEPH BillsPayableChecksNotMailedAwaitingCouncilApproval Check#DateSearchNameCommentsAmountFUNDDEPARTOBJ 05774013May21OREILLYAUTOPARTSPDcapsule$57.7810142152230 05774113May21POSTMASTERmailMayUB/newsletter$209.7610141430322 05774113May21POSTMASTERmailMayUB/newsletter$209.7660149490322 05774113May21POSTMASTERmailMayUB/newsletter$209.7660249490322 05774113May21POSTMASTERmailMayUB/newsletter$209.7660343230322 05774213May21REPUBLICSERVICESRecyclingServiceApr$12,293.2060343230384 05774213May21REPUBLICSERVICES30galRefuseServiceApr$3,159.5260343230384 05774213May21REPUBLICSERVICES60galRefuseServiceApr$10,425.8760343230384 05774213May21REPUBLICSERVICES90galRefuseServiceApr$343.7460343230384 05774313May21RIDGEWATERCOLLEGEFireOfficer1Hunt$500.0010542240443 05774413May21ROSENBAUERMINNESOTA,LLC100'hose1.5"$798.8410542220210 updatetablets,emailprofiles,unlockaccts,updateexchange 05774513May21SHIFTTECHNOLOGIES,INC.$1,056.0010141710310 server 05774513May21SHIFTTECHNOLOGIES,INC.correctPWemailissue$49.6010141710310 21STEARNSCOUNTYAUDITORTREASUR2021assessorfees$28,007.7610141550300 05774613May 05774713May21STEARNSCOUNTYRECORDERrecordmortgagesatisfactionKuschel$46.0010141910431 05774813May21STEARNSELECTRICASSOCIATIONelectricservicesApr$1,349.6565243160386 05774813May21STEARNSELECTRICASSOCIATIONelectricservicesApr$504.8410145201381 05774813May21STEARNSELECTRICASSOCIATIONelectricservicesApr$130.1260249473381 05774813May21STEARNSELECTRICASSOCIATIONelectricservicesApr$83.1260249472381 Apr$78.4960249471381 05774813May21STEARNSELECTRICASSOCIATIONelectricservices 05774813May21STEARNSELECTRICASSOCIATIONelectricservicesApr$50.5010141942381 05774913May21TIREMAXXSERVICECENTERSbobcattrailertirerepair$98.1010145202220 05774913May21TIREMAXXSERVICECENTERSbobcattrailertirerepair$98.1010143120220 05775013May21UNUMLIFEINSURANCEdisabilityinsuranceJune$1,217.5310121713 $168,672.47 Total Bills Payables - Waiting Council Approval Summary: EFTs&Payroll132,079.79 BillsPaidPriortoCouncil209,121.96 168,672.47 BillsWaitingforCouncil 509,874.22 TotalBillsPayable Council Agenda Item 4c MEETING DATE: May 17, 2021 AGENDA ITEM: Treasurer’s Report – April 2021 SUBMITTED BY: Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: N/A PREVIOUS COUNCIL ACTION: None BACKGROUND INFORMATION: Cash/investment presented as April 30, 2021. Budget to actual reports attached for Council review. The cash and investment balance decreased $75,709 since the beginning of the year. The first few months are operational in nature. The City sets aside working capital from the previous year to support operations in the new year until the first half tax collections and state aids are received in the summer. In addition, the 2020C Taxable Crossover Refunding bonds will hold cash in escrow until the crossover date to pay off the 2014 bonds. The crossover date is December 2021. The General fund spent 30% of the expenditure budget and received 5% of the revenue budget at the end of April. It was a quiet first months; mainly operational. The Enterprise funds spent 15% (without depreciation) and received 13% of the revenue budget. The revenue represents the Jan/Feb usage billed in March (two months usage, four months expenses). The funds represent mainly operational activity. BUDGET/FISCAL IMPACT: Information Only ATTACHMENTS: Request for Council Action: April Treasurer’s Report 2021 Treasurer’s Reports: Cash Balances Month End Revenue Summary Month End Revenue Summary – General Fund Month End Revenue Summary – Enterprise Funds Month End Expenditure Summary Month End Expenditure Summary – General Fund Month End Expense Summary – Enterprise Funds REQUESTED COUNCIL ACTION: Accept the Treasurer’s report as presented. 05/07/21 3:17 PM City of St. Joseph Page 1 Cash Balances Only Current Period: April 2021 MTDMTDCurrent FUND DescrAccountBegin YrDebitCreditBalance Last Dim 10100 GeneralG 101-10100$1,978,165.57$76,210.36$409,204.19$954,332.44 Employee Retirement ReserveG 102-10100$202,358.26$0.00$0.00$330,933.26 COVID-19 FEMA FundingG 103-10100-$4,505.36$0.00$32.04-$14,068.62 CARES FundingG 104-10100$0.00$0.00$0.00$0.00 Fire FundG 105-10100$705,435.36$72,281.47$16,525.51$754,400.88 Cable Access FeeG 108-10100-$1,931.83$231.70$0.00-$138.31 Economic DevelopmentG 150-10100$111,121.79$24,708.09$28,509.54$79,826.18 TIF 3-1 CMCUG 152-10100$0.00$0.00$0.00$0.00 TIF 4-1 Fortitude Senior AptsG 153-10100$11,148.87$1.47$0.00$11,084.81 TIF 2-1 MillstreamG 157-10100$32,821.83$4.39$0.00$32,972.13 TIF 2-2 Meat MarketG 158-10100$333.57$0.04$0.00$325.04 TIF 2-3 Bayou Blues/Alley FlatG 159-10100$3,372.23$0.45$0.00$3,354.80 State Collected Sales TaxG 200-10100$1,247,302.17$159.36$240.80$1,139,190.40 Park DedicationG 205-10100$206,206.84$49.45$5,715.00$199,804.57 Charitable GamblingG 215-10100$646.69$0.09$0.00$645.97 Lodging TaxG 220-10100$22,164.03$2.51$1,745.00$16,802.11 DEED CDAP GrantG 225-10100$47,311.21$6.29$3,125.00$44,134.61 Revolving Loan FundG 250-10100$211,383.92$1,231.73$0.00$215,947.03 2016 CIP Bonds \[govt center\]G 301-10100$35,328.95$5.02$0.00$37,711.30 2017A CIP Bonds \[govt center\]G 303-10100$83,571.41$3,012.16$0.00$95,400.57 2016 Street Imp \[Field St\]G 304-10100$258,985.39$36.18$0.00$278,670.73 2017B Street Imp \[CBD Alleys\]G 305-10100$36,330.03$4.98$0.00$37,448.92 2018 Equipment CertificatesG 306-10100$2,375.60$0.38$0.00$2,864.61 2019A Street Imp \[Overlays\]G 307-10100$111,145.56$35.70$0.00$120,966.89 2019A Street Imp \[Ind Park\]G 308-10100$88.30$32.79$0.00-$142.64 2020A Equipment CertificatesG 309-10100$4,916.49$6.66$0.00$2,304.78 2020B GO Imp \[20th Ave SE\]G 310-10100$17,566.02$55.21$0.00$17,016.77 2020B CIP Bonds \[PW Bldg\]G 312-10100$14,031.11$3.94$0.00$31,536.05 2020B Refund Bonds \[2013 Str.G 313-10100$52,210.06$7.01$0.00$52,670.08 2020C CO Refund \[2014 Park TG 314-10100$1,263.71$0.16$0.00$1,232.22 2010B Refunding \[Hill/Clover\]G 333-10100$0.00$0.00$0.00$0.00 2011A CO Refund \[Interior St\]G 338-10100$0.00$0.00$0.00$0.00 2010B Street Imp \[16th Ave\]G 345-10100$111,391.62$14.81$0.00$111,327.65 2011A Pumper Truck CertificatG 346-10100$0.00$0.00$0.00$0.00 2013 Street Imp \[Overlays\]G 348-10100$0.00$0.00$0.00$0.00 2014 Street Imp \[ParkTerrace\]G 350-10100$130,567.23$17.47$0.00$131,381.06 2015 Street Imp\[Clinton/North\]G 351-10100$103,281.29$14.21$0.00$106,831.77 2015 Equipment CertificatesG 352-10100$0.00$0.00$0.00$0.00 2015 Abatement \[Comm CenteG 353-10100$46,385.81$590,019.58$3,402.98$785,314.87 Debt Service ReliefG 390-10100$735,684.74$89.10$0.00$736,629.37 Community Center phase IG 402-10100$3,184.71$0.42$0.00$3,181.17 2018 Equipment CertificatesG 406-10100$0.00$0.00$0.00$0.00 2019 Street OverlaysG 407-10100$149,845.21$0.00$241.35$147,166.46 2019 Industrial Park ExpansionG 408-10100$372,830.76$0.00$221.80$246,195.97 2020 Equipment CertificatesG 409-10100$53,980.38$0.00$0.00$47,783.26 2020 20th Ave Watermain LoopG 410-10100$399,144.44$0.00$0.00$398,044.14 2021 MN/Alley/18/20/NorthlanG 411-10100$483.76$0.00$53,025.00-$109,456.49 PW Building ExpansionG 412-10100$0.00$0.00$0.00$0.00 Capital OutlayG 490-10100$601,723.59$5,715.00$5,715.00$643,142.64 WAC FundG 501-10100$499,391.14$7,150.00$0.00$520,766.14 SAC FundG 502-10100$28,754.48$5,750.00$0.00$46,029.48 05/07/21 3:17 PM City of St. Joseph Page 2 Cash Balances Only Current Period: April 2021 MTDMTDCurrent FUND DescrAccountBegin YrDebitCreditBalance Water FundG 601-10100$1,064,128.09$99,472.49$44,605.74$1,239,765.22 Sewer FundG 602-10100$627,757.97$153,364.40$92,060.04$727,058.47 Refuse CollectionG 603-10100$228,669.46$50,207.84$30,089.14$220,888.95 Storm Water UtilityG 651-10100$197,420.45$20,447.57$2,546.08$216,327.66 Street Light UtilityG 652-10100$69,495.20$7,284.93$5,124.61$73,920.17 Last Dim 10100$10,815,268.11$1,117,635.41$702,128.82$10,739,525.54 Last Dim 10200 GeneralG 101-10200$225.00$0.00$0.00$200.00 Last Dim 10200$225.00$0.00$0.00$200.00 Last Dim 10300 2020C CO Refund \[2014 Park TG 314-10300$19,668.52$32.97$0.00$19,713.55 2014 Street Imp \[ParkTerrace\]G 350-10300$1,309,546.61$0.00$0.00$1,309,546.61 2015 Abatement \[Comm CenteG 353-10300$0.00$0.00$0.00$0.00 Water FundG 601-10300$430,453.39$10.40$0.00$430,467.59 Last Dim 10300$1,759,668.52$43.37$0.00$1,759,727.75 $12,575,161.63$1,117,678.78$702,128.82$12,499,453.29 05/07/21 3:36 PM City of St. Joseph Page 1 Council Month End Revenue Summary Current Period: April 2021 2021April2021 FUNDFUND DescrYTD Budget2021 AmtYTD Amt 101General$3,868,810.00$64,914.80$203,882.43 102Employee Retirement Reserve$7,165.00$0.00$128,575.00 103COVID-19 FEMA Funding$0.00$0.00$0.00 104CARES Funding$0.00$0.00$0.00 105Fire Fund$357,080.00$72,229.09$143,334.93 108Cable Access Fee$6,800.00$231.70$1,270.47 150Economic Development$130,310.00$24,708.09$24,477.35 152TIF 3-1 CMCU$0.00$0.00$0.00 153TIF 4-1 Fortitude Senior Apts$100.00$1.47-$32.15 157TIF 2-1 Millstream$500.00$4.39-$101.73 158TIF 2-2 Meat Market$25.00$0.04-$2.37 159TIF 2-3 Bayou Blues/Alley Flat$25.00$0.45-$6.52 200State Collected Sales Tax$450,000.00$159.36-$3,395.17 205Park Dedication$38,650.00$49.45-$521.11 215Charitable Gambling$2,050.00$0.09-$4.06 220Lodging Tax$12,600.00$2.51-$75.58 225DEED CDAP Grant$850.00$6.29-$142.32 250Revolving Loan Fund$16,285.00$1,231.73$3,913.88 3012016 CIP Bonds \[govt center\]$265,700.00$5.02-$191.11 3032017A CIP Bonds \[govt center\]$37,800.00$3,012.16$10,194.76 3042016 Street Imp \[Field St\]$41,170.00$36.18$19,135.86 3052017B Street Imp \[CBD Alleys\]$29,690.00$4.98-$135.23 3062018 Equipment Certificates$57,750.00$0.38-$50.43 3072019A Street Imp \[Overlays\]$225,500.00$35.70$2,559.36 3082019A Street Imp \[Ind Park\]$341,805.00$32.79-$1,643.62 3092020A Equipment Certificates$48,250.00$6.66-$242.92 3102020B GO Imp \[20th Ave SE\]$50.00$55.21-$610.32 3122020B CIP Bonds \[PW Bldg\]$70,335.00$3.94$17,473.10 3132020B Refund Bonds \[2013 Str.\]$0.00$7.01-$201.26 3142020C CO Refund \[2014 Park Ter$0.00$33.13-$250.36 3332010B Refunding \[Hill/Clover\]$0.00$0.00$0.00 3382011A CO Refund \[Interior St\]$0.00$0.00$0.00 3452010B Street Imp \[16th Ave\]$44,750.00$14.81-$386.83 3462011A Pumper Truck Certificate$0.00$0.00$0.00 3482013 Street Imp \[Overlays\]$32,650.00$0.00$0.00 3502014 Street Imp \[ParkTerrace\]$124,750.00$17.47-$204.22 3512015 Street Imp\[Clinton/North\]$38,200.00$14.21-$409.72 3522015 Equipment Certificates$0.00$0.00$0.00 3532015 Abatement \[Comm Center\]$150,715.00$590,019.58$759,615.18 390Debt Service Relief$208,373.00$89.10-$2,176.14 402Community Center phase I$75.00$0.42-$9.83 4062018 Equipment Certificates$0.00$0.00$0.00 05/07/21 3:36 PM City of St. Joseph Page 2 Council Month End Revenue Summary Current Period: April 2021 2021April2021 FUNDFUND DescrYTD Budget2021 AmtYTD Amt 4072019 Street Overlays$0.00$0.00$0.00 4082019 Industrial Park Expansion$0.00$0.00$0.00 4092020 Equipment Certificates$0.00$0.00$0.00 4102020 20th Ave Watermain Loop$0.00$0.00$0.00 412PW Building Expansion$0.00$0.00$0.00 490Capital Outlay$86,915.00$0.00$50,000.00 501WAC Fund$227,950.00$7,150.00$21,375.00 502SAC Fund$165,950.00$5,750.00$17,275.00 601Water Fund$1,404,070.00$97,002.33$172,852.06 602Sewer Fund$1,521,320.00$153,262.47$219,758.37 603Refuse Collection$406,055.00$48,423.41$63,555.41 651Storm Water Utility$189,715.00$20,446.57$29,018.85 652Street Light Utility$92,670.00$7,284.45$11,131.35 $10,703,458.00$1,096,247.44$1,888,605.36 05/07/21 3:36 PM City of St. Joseph Page 1 Council Month End Revenue -General Fund Current Period: April 2021 2021April2021 FUNDFUND DescrSOURCE DescrYTD Budget2021 AmtYTD Amt FUND 101 General 101GeneralCurrent Ad Valorem Taxes$2,003,555.00$0.00$0.00 101GeneralSpecial Levy- City St. Joe$0.00$0.00$0.00 101GeneralState Sales Tax$0.00$3.81$0.00 101GeneralGravel Tax$2,000.00$0.00$0.00 101GeneralSolar Production Tax$2,000.00$0.00$0.00 101GeneralGas Franchise$35,265.00$0.00$0.00 101GeneralElectric Franchise$64,945.00$2,401.74$7,236.24 101GeneralLicenses & Permits$11,000.00$0.00$7,500.00 101GeneralLiquor$31,570.00$0.00$0.00 101GeneralOutdoor Liquor Permit$3,000.00$1,500.00$1,500.00 101GeneralGambling Permits$300.00$40.00$220.00 101GeneralAmusement/Hunt/Peddler/Golf$1,415.00$75.00$200.00 101GeneralExcavation Permit$500.00$100.00$150.00 101GeneralCigarette License$750.00$0.00$0.00 101GeneralCable Franchise Fee$31,635.00$1,164.60$3,437.32 101GeneralBuilding Permits$110,000.00$14,433.23$30,593.83 101GeneralAnimal License$3,140.00$1,650.00$2,170.00 101GeneralRental Housing Registration$34,000.00$0.00$0.00 101GeneralFederal Grants - Other$65,685.00$12,751.54$12,177.40 101GeneralState Grants and Aids$1,150.00$0.00$0.00 101GeneralLocal Government Aid$1,000,000.00$0.00$0.00 101GeneralPERA Rate Increase Aid$0.00$0.00$0.00 101GeneralPolice Training Reim$5,500.00$0.00$0.00 101GeneralState Municipal Funds Aid$56,000.00$0.00$43,652.50 101GeneralState Police Aid$80,000.00$0.00$0.00 101GeneralOther Grants/Aids$0.00$0.00$4,615.24 101GeneralOther Governmental Unit$10,000.00$0.00$5,000.00 101GeneralCounty Grants - Road Maint.$16,400.00$0.00$0.00 101GeneralZoning and Subdivision Fee$10,000.00$0.00$2,950.00 101GeneralLand Use Deposit Fee$4,000.00$0.00$0.00 101GeneralSale of Maps and Publications$50.00$10.00$10.00 101GeneralConduit Debt Fee$0.00$0.00$0.00 101GeneralAssessments Search$6,000.00$630.00$2,730.00 101GeneralSpecial Hearing$1,500.00$0.00$0.00 101GeneralAdministration Reimb$14,000.00$50.64$202.56 101GeneralWeed Cutting$500.00$0.00$0.00 101GeneralAdmission Fee$1,500.00$0.00$0.00 101GeneralBike Share Program$285.00$0.00$0.00 101GeneralShelter/Room Rental Fees$10,600.00$1,500.00$8,000.00 101GeneralBall Field Donation$0.00$0.00$0.00 101GeneralSchneider Field Rental$1,100.00$0.00$0.00 05/07/21 3:36 PM City of St. Joseph Page 2 Council Month End Revenue -General Fund Current Period: April 2021 2021April2021 FUNDFUND DescrSOURCE DescrYTD Budget2021 AmtYTD Amt 101GeneralRents and Royalties$94,040.00$13,476.41$27,542.52 101GeneralKennel Fees$400.00$0.00$0.00 101GeneralCounty Fines$30,000.00$4,256.09$8,130.09 101GeneralPolicy Fines$25,000.00$2,030.00$12,936.00 101GeneralAccident Report Fee$1,500.00$292.50$802.75 101GeneralSeized Property$3,000.00$4,822.00$4,822.00 101GeneralBond-Forfeited Cars$0.00$0.00$0.00 101GeneralSpecial Assessments$2,000.00$0.00$0.00 101GeneralInterest Earnings$50,000.00-$63.60-$7,663.50 101GeneralInterest Charges$25.00$0.00-$0.01 101GeneralCo-op Dividend - LMCIT$5,000.00$0.00$0.00 101GeneralWater Tower Antenna Lease$5,000.00$176.37$2,024.99 101GeneralAdvertising$500.00$0.00$0.00 101GeneralContributions - General$2,000.00$3,482.47$3,482.47 101GeneralDonation, Recreation$0.00$0.00$0.00 101GeneralContributions - Parks$500.00$82.00$86.00 101GeneralSurplus Property$0.00$0.00$1,000.00 101GeneralReimbursement$30,500.00$50.00$18,374.03 101GeneralInsurance Recovery$0.00$0.00$0.00 101GeneralTransfers from Other Funds$0.00$0.00$0.00 FUND 101 General$3,868,810.00$64,914.80$203,882.43 FUND 102 Employee Retirement Reserve 102Employee Retirement ResTransfers from Other Funds$7,165.00$0.00$128,575.00 FUND 102 Employee Retirement Reserve$7,165.00$0.00$128,575.00 FUND 103 COVID-19 FEMA Funding 103COVID-19 FEMA FundingLiquor$0.00$0.00$0.00 103COVID-19 FEMA FundingFederal Grants - Other$0.00$0.00$0.00 103COVID-19 FEMA FundingShelter/Room Rental Fees$0.00$0.00$0.00 103COVID-19 FEMA FundingInterest Earnings$0.00$0.00$0.00 103COVID-19 FEMA FundingReimbursement$0.00$0.00$0.00 103COVID-19 FEMA FundingTransfers from Other Funds$0.00$0.00$0.00 FUND 103 COVID-19 FEMA Funding$0.00$0.00$0.00 FUND 104 CARES Funding 104CARES FundingFederal Grants - Other$0.00$0.00$0.00 104CARES FundingOther Grants/Aids$0.00$0.00$0.00 104CARES FundingInterest Earnings$0.00$0.00$0.00 FUND 104 CARES Funding$0.00$0.00$0.00 FUND 108 Cable Access Fee 108Cable Access FeeCable Franchise Fee$6,800.00$231.70$1,270.47 108Cable Access FeeTransfers from Other Funds$0.00$0.00$0.00 FUND 108 Cable Access Fee$6,800.00$231.70$1,270.47 05/07/21 3:36 PM City of St. Joseph Page 3 Council Month End Revenue -General Fund Current Period: April 2021 2021April2021 FUNDFUND DescrSOURCE DescrYTD Budget2021 AmtYTD Amt FUND 150 Economic Development 150Economic DevelopmentCurrent Ad Valorem Taxes$119,905.00$0.00$0.00 150Economic DevelopmentFederal Grants - Other$0.00$24,696.25$24,696.25 150Economic DevelopmentOther Grants/Aids$0.00$0.00$0.00 150Economic DevelopmentTIF/MIF Deposit$0.00$0.00$0.00 150Economic DevelopmentTax Abatement Reimbursement$9,385.00$0.00$0.00 150Economic DevelopmentInterest Earnings$1,020.00$11.84-$218.90 150Economic DevelopmentSurplus Property$0.00$0.00$0.00 150Economic DevelopmentTransfers from Other Funds$0.00$0.00$0.00 FUND 150 Economic Development$130,310.00$24,708.09$24,477.35 FUND 410 2020 20th Ave Watermain Loop 4102020 20th Ave WatermainIssuance of Debt$0.00$0.00$0.00 4102020 20th Ave WatermainBond Premium$0.00$0.00$0.00 FUND 410 2020 20th Ave Watermain Loop$0.00$0.00$0.00 FUND 412 PW Building Expansion 412PW Building ExpansionIssuance of Debt$0.00$0.00$0.00 412PW Building ExpansionBond Premium$0.00$0.00$0.00 FUND 412 PW Building Expansion$0.00$0.00$0.00 FUND 490 Capital Outlay 490Capital OutlayCurrent Ad Valorem Taxes$78,915.00$0.00$0.00 490Capital OutlayFederal Grants - Other$0.00$0.00$0.00 490Capital OutlaySurplus Property$8,000.00$0.00$0.00 490Capital OutlayReimbursement$0.00$0.00$0.00 490Capital OutlayTransfers from Other Funds$0.00$0.00$50,000.00 FUND 490 Capital Outlay$86,915.00$0.00$50,000.00 $4,100,000.00$89,854.59$408,205.25 05/07/21 3:35 PM City of St. Joseph Page 1 Council Month End Revenue -Enterprise Funds Current Period: April 2021 FUND2021April2021 FUNDDescrSOURCE DescrYTD Budget2021 AmtYTD Amt FUND 601 Water Fund 601Water FundWater Fixed Charge$364,150.00$36,375.39$54,302.52 601Water FundCurrent Ad Valorem Taxes$0.00$0.00-$272.89 601Water FundIssuance of Debt$0.00$0.00$0.00 601Water FundTransfers from Other Funds$186,000.00$0.00$0.00 601Water FundMDS Test Fee$17,875.00$1,897.76$2,657.41 601Water FundWater Meter$6,000.00$850.00$4,005.00 601Water FundPenalties and Forfeited Disc$6,000.00$745.30$3,100.13 601Water FundConnection/Reconnection fees$0.00$0.00$0.00 601Water FundUndesignated Funds$2,000.00$3,498.10$7,022.80 601Water FundBulk Water$3,500.00$419.60$479.60 601Water FundReimbursement$0.00$0.00$0.00 601Water FundWater Tower Antenna Lease$37,795.00$1,587.34$18,225.09 601Water FundAmortization of Bond Premium$0.00$0.00$0.00 601Water FundInterest Earnings$23,000.00$234.07-$5,008.42 601Water FundState Sales Tax$0.00$310.63-$228.75 601Water FundSpecial Assessments$500.00$0.00-$859.35 601Water FundOther Grants/Aids$0.00$0.00$0.00 601Water FundState Grants and Aids$0.00$0.00$0.00 601Water FundUsage Rate$757,250.00$51,084.14$89,428.92 601Water FundContributed Revenue$0.00$0.00$0.00 FUND 601 Water Fund$1,404,070.00$97,002.33$172,852.06 FUND 602 Sewer Fund 602Sewer FundState Grants and Aids$0.00$0.00$0.00 602Sewer FundPenalties and Forfeited Disc$7,640.00$815.24$3,473.56 602Sewer FundSanitary Sewer Use Service$792,295.00$89,804.66$127,235.28 602Sewer FundContributed Revenue$0.00$0.00$0.00 602Sewer FundReimbursement$3,750.00$0.00$0.00 602Sewer FundSurplus Property$0.00$0.00$0.00 602Sewer FundContributions - General$750.00$0.00$0.00 602Sewer FundAmortization of Bond Premium$0.00$0.00$0.00 602Sewer FundSpecial Assessments$500.00$0.00-$883.40 602Sewer FundTransfers from Other Funds$140,000.00$0.00$0.00 602Sewer FundIssuance of Debt$0.00$0.00$0.00 602Sewer FundInterest Earnings$6,000.00$94.77-$1,797.19 602Sewer FundBond Premium$0.00$0.00$0.00 602Sewer FundSewer Fixed Charge$570,385.00$62,547.80$91,730.12 FUND 602 Sewer Fund$1,521,320.00$153,262.47$219,758.37 FUND 603 Refuse Collection 603Refuse CollectSpecial Assessments$200.00$0.00-$589.32 603Refuse CollectTransfers from Other Funds$0.00$0.00$0.00 603Refuse CollectContributed Revenue$0.00$0.00$0.00 603Refuse CollectInterest Earnings$6,500.00$27.73-$679.79 603Refuse CollectPenalties and Forfeifted Disc$1,675.00$369.07$1,119.04 603Refuse CollectRefuse Collection Charges$366,260.00$36,509.14$52,623.29 603Refuse CollectState Grants and Aids$0.00$0.00$0.00 603Refuse CollectLicenses & Permits$31,420.00$10,600.00$11,695.00 603Refuse CollectState Sales Tax$0.00$917.47-$967.52 603Refuse CollectReimbursement$0.00$0.00$354.71 FUND 603 Refuse Collection$406,055.00$48,423.41$63,555.41 05/07/21 3:35 PM City of St. Joseph Page 2 Council Month End Revenue -Enterprise Funds Current Period: April 2021 FUND2021April2021 FUNDDescrSOURCE DescrYTD Budget2021 AmtYTD Amt FUND 651 Storm Water Utility 651Storm Water Interest Earnings$4,000.00$27.09-$751.17 651Storm Water Transfers from Other Funds$0.00$0.00$0.00 651Storm Water Penalties and Forfeifted Disc$1,500.00$141.46$438.07 651Storm Water Storm Water Use Service$180,015.00$20,278.02$29,522.28 651Storm Water Storm Water Develop Fee$4,000.00$0.00$0.00 651Storm Water Surplus Property$0.00$0.00$0.00 651Storm Water Special Assessments$200.00$0.00-$190.33 651Storm Water Other Grants/Aids$0.00$0.00$0.00 651Storm Water State Grants and Aids$0.00$0.00$0.00 651Storm Water Contributed Revenue$0.00$0.00$0.00 FUND 651 Storm Water Utility$189,715.00$20,446.57$29,018.85 FUND 652 Street Light Utility 652Street Light UTransfers from Other Funds$0.00$0.00$0.00 652Street Light UState Grants and Aids$0.00$0.00$0.00 652Street Light UOther Grants/Aids$0.00$0.00$0.00 652Street Light USpecial Assessments$50.00$0.00-$125.54 652Street Light UInterest Earnings$1,500.00$9.60-$212.75 652Street Light UContributions - General$2,000.00$0.00$0.00 652Street Light USurplus Property$100.00$0.00$0.00 652Street Light UReimbursement$0.00$0.00$0.00 652Street Light UUsage Rate$88,470.00$7,219.04$11,272.90 652Street Light UPenalties and Forfeited Disc$550.00$55.81$196.74 FUND 652 Street Light Utility$92,670.00$7,284.45$11,131.35 $3,613,830.00$326,419.23$496,316.04 05/07/21 3:35 PM City of St. Joseph Page 1 Council Month End Expenditure - Summary Current Period: April 2021 2021April2021 DescriptionYTD Budget2021 Amt YTD Amt General$3,868,710.00$396,315.39$1,163,246.31 Employee Retirement Reserve$36,380.00$0.00$0.00 COVID-19 FEMA Funding$0.00$32.04$9,301.22 CARES Funding$0.00$0.00$0.00 Fire Fund$357,080.00$16,473.13$35,182.13 Cable Access Fee$0.00$0.00$0.00 Economic Development$130,310.00$28,509.54$46,148.12 TIF 3-1 CMCU$0.00$0.00$0.00 TIF 4-1 Fortitude Senior Apts$1,045.00$0.00$0.00 TIF 2-1 Millstream$1,045.00$0.00$0.00 TIF 2-2 Meat Market$555.00$0.00$0.00 TIF 2-3 Bayou Blues/Alley Flat$1,045.00$0.00$0.00 State Collected Sales Tax$410,000.00$240.80$182,575.80 Park Dedication$65,860.00$5,715.00$6,203.00 Charitable Gambling$2,500.00$0.00$0.00 Lodging Tax$16,050.00$1,745.00$5,362.35 DEED CDAP Grant$0.00$3,125.00$3,125.00 Revolving Loan Fund$0.00$0.00$0.00 2016 CIP Bonds \[govt center\]$272,570.00$0.00$0.00 2017A CIP Bonds \[govt center\]$48,000.00$0.00$0.00 2016 Street Imp \[Field St\]$62,500.00$0.00$0.00 2017B Street Imp \[CBD Alleys\]$41,880.00$0.00$0.00 2018 Equipment Certificates$57,300.00$0.00$0.00 2019A Street Imp \[Overlays\]$221,225.00$0.00$0.00 2019A Street Imp \[Ind Park\]$313,425.00$0.00$0.00 2020A Equipment Certificates$46,415.00$0.00$0.00 2020B GO Imp \[20th Ave SE\]$3,890.00$0.00$0.00 2020B CIP Bonds \[PW Bldg\]$7,070.00$0.00$0.00 2020B Refund Bonds \[2013 Str.$0.00$0.00$0.00 2020C CO Refund \[2014 Park T$0.00$0.00$0.00 2010B Refunding \[Hill/Clover\]$0.00$0.00$0.00 2011A CO Refund \[Interior St\]$0.00$0.00$0.00 2010B Street Imp \[16th Ave\]$64,220.00$0.00$0.00 2011A Pumper Truck Certificate$0.00$0.00$0.00 2013 Street Imp \[Overlays\]$50,840.00$0.00$0.00 2014 Street Imp \[ParkTerrace\]$181,740.00$0.00$0.00 2015 Street Imp\[Clinton/North\]$68,175.00$0.00$0.00 2015 Equipment Certificates$0.00$0.00$0.00 2015 Abatement \[Comm Center$155,560.00$3,402.98$14,118.16 Debt Service Relief$50,000.00$0.00$0.00 Community Center phase I$0.00$0.00$0.00 2018 Equipment Certificates$0.00$0.00$0.00 05/07/21 3:35 PM City of St. Joseph Page 2 Council Month End Expenditure - Summary Current Period: April 2021 2021April2021 DescriptionYTD Budget2021 Amt YTD Amt 2019 Street Overlays$0.00$241.35-$26,703.05 2019 Industrial Park Expansion$0.00$221.80-$30,488.35 2020 Equipment Certificates$0.00$0.00$3,521.52 2020 20th Ave Watermain Loop$0.00$0.00-$8,039.66 2021 MN/Alley/18/20/Northlan$0.00$53,025.00$93,178.04 PW Building Expansion$0.00$0.00$0.00 Capital Outlay$86,915.00$0.00$8,471.30 WAC Fund$180,000.00$0.00$0.00 SAC Fund$140,000.00$0.00$0.00 Water Fund$1,617,495.00$42,125.18$119,448.21 Sewer Fund$1,784,580.00$91,958.11$193,836.72 Refuse Collection$410,625.00$28,304.71$100,299.02 Storm Water Utility$234,785.00$2,545.08$35,875.42 Street Light Utility$90,805.00$5,124.13$16,902.85 $11,080,595.00$679,104.24$1,971,564.11 05/07/21 3:34 PM City of St. Joseph Page 1 Council Month End Expenditure - General Fund Current Period: April 2021 2021April2021 DescriptionDEPART DescrYTD Budget2021 Amt YTD Amt FUND 101 General GeneralCouncil$64,475.00$14,588.46$22,107.20 GeneralLegislative Committees$4,680.00$420.00$420.00 GeneralOrdinance & Proceedings$2,225.00$0.00$57.60 GeneralMayor$11,500.00$785.93$2,303.92 GeneralElections$2,500.00$0.00$0.00 GeneralGeneral Adminstration$285,230.00$29,642.21$89,809.50 GeneralFinance$229,745.00$15,142.32$59,879.85 GeneralAudit Service$29,500.00$16,600.00$23,600.00 GeneralAssessing$28,000.00$0.00$0.00 GeneralCity Attorney$25,000.00$3,186.00$3,924.75 GeneralInformation Technology$17,570.00$960.75$17,446.72 GeneralPlanning and Zoning$226,590.00$6,368.73$25,563.95 GeneralGeneral Government$32,965.00$6,733.22$11,296.94 GeneralCity Offices$41,180.00$9,223.51$17,427.96 GeneralCable Access$2,320.00$0.00$645.90 GeneralCrime Control & Investigation$1,382,125.00$127,497.95$369,172.05 GeneralPolice Training$11,000.00$872.07$872.07 GeneralCommunication Service$9,950.00$732.66$3,066.02 GeneralAutomotive Services$33,735.00$3,707.97$12,480.74 GeneralBuilding Inspec. Admistration$96,400.00$10,193.57$25,193.57 GeneralEmergency Management$2,275.00$7.21$672.79 GeneralAnimal Control$1,085.00$264.99$550.79 GeneralStreet Maintanence$462,995.00$31,893.47$91,956.32 GeneralIce & Snow Removal$155,145.00$7,968.60$30,094.73 GeneralEngineering Fee$45,000.00$4,460.72$10,334.85 GeneralStreet Cleaning$14,485.00$164.97$353.42 GeneralSkate Park and Ice Rink$5,885.00$71.73$268.63 GeneralBall Park$3,300.00$0.00$182.28 GeneralMaintenance Shop$27,350.00$1,102.48$6,104.25 GeneralPark Areas$309,880.00$58,106.04$101,971.09 GeneralRecreation Department$23,725.00$489.28$3,119.92 GeneralCommunity Center$116,585.00$3,996.69$28,165.78 GeneralOther Financing Uses$0.00$0.00$121,935.00 GeneralFire Protection$164,310.00$41,133.86$82,267.72 FUND 101 General$3,868,710.00$396,315.39$1,163,246.31 FUND 102 Employee Retirement Reserve Employee Retirement ReservGeneral Adminstration$0.00$0.00$0.00 Employee Retirement ReservCrime Control & Investigation$0.00$0.00$0.00 Employee Retirement ReservStreet Maintanence$18,190.00$0.00$0.00 Employee Retirement ReservPark Areas$18,190.00$0.00$0.00 Employee Retirement ReservOther Financing Uses$0.00$0.00$0.00 05/07/21 3:34 PM City of St. Joseph Page 2 Council Month End Expenditure - General Fund Current Period: April 2021 2021April2021 DescriptionDEPART DescrYTD Budget2021 Amt YTD Amt FUND 102 Employee Retirement Reserve$36,380.00$0.00$0.00 FUND 103 COVID-19 FEMA Funding COVID-19 FEMA FundingElections$0.00$0.00$0.00 COVID-19 FEMA FundingEmergency Management$0.00$32.04$9,301.22 FUND 103 COVID-19 FEMA Funding$0.00$32.04$9,301.22 FUND 104 CARES Funding CARES FundingElections$0.00$0.00$0.00 CARES FundingGeneral Adminstration$0.00$0.00$0.00 CARES FundingGeneral Government$0.00$0.00$0.00 CARES FundingCrime Control & Investigation$0.00$0.00$0.00 CARES FundingFire Fighting$0.00$0.00$0.00 CARES FundingEmergency Management$0.00$0.00$0.00 CARES FundingStreet Maintanence$0.00$0.00$0.00 CARES FundingMaintenance Shop$0.00$0.00$0.00 CARES FundingPark Areas$0.00$0.00$0.00 CARES FundingCommunity Center$0.00$0.00$0.00 CARES FundingEconomic Development Authority$0.00$0.00$0.00 FUND 104 CARES Funding$0.00$0.00$0.00 FUND 108 Cable Access Fee Cable Access FeeCable Access$0.00$0.00$0.00 Cable Access FeeOther Financing Uses$0.00$0.00$0.00 FUND 108 Cable Access Fee$0.00$0.00$0.00 FUND 150 Economic Development Economic DevelopmentEconomic Development Authority$130,310.00$28,509.54$46,148.12 Economic DevelopmentOther Financing Uses$0.00$0.00$0.00 FUND 150 Economic Development$130,310.00$28,509.54$46,148.12 FUND 410 2020 20th Ave Watermain Loop 2020 20th Ave Watermain LoStreet Maintanence$0.00$0.00-$8,039.66 FUND 410 2020 20th Ave Watermain Loop$0.00$0.00-$8,039.66 FUND 411 2021 MN/Alley/18/20/Northland 2021 MN/Alley/18/20/NorthlStreet Maintanence$0.00$53,025.00$93,178.04 FUND 411 2021 MN/Alley/18/20/Northland$0.00$53,025.00$93,178.04 FUND 412 PW Building Expansion PW Building ExpansionMaintenance Shop$0.00$0.00$0.00 PW Building ExpansionOther Financing Uses$0.00$0.00$0.00 FUND 412 PW Building Expansion$0.00$0.00$0.00 FUND 490 Capital Outlay Capital OutlayGeneral Adminstration$4,500.00$0.00$0.00 Capital OutlayCrime Control & Investigation$1,850.00$0.00$1,970.00 Capital OutlayCommunication Service$3,290.00$0.00$0.00 05/07/21 3:34 PM City of St. Joseph Page 3 Council Month End Expenditure - General Fund Current Period: April 2021 2021April2021 DescriptionDEPART DescrYTD Budget2021 Amt YTD Amt Capital OutlayAutomotive Services$7,375.00$0.00$0.00 Capital OutlayEmergency Management$1,500.00$0.00$0.00 Capital OutlayStreet Maintanence$2,250.00$0.00$4,912.25 Capital OutlayIce & Snow Removal$19,500.00$0.00$0.00 Capital OutlayStreet Cleaning$2,000.00$0.00$0.00 Capital OutlayMaintenance Shop$11,250.00$0.00$0.00 Capital OutlayPark Areas$33,400.00$0.00$1,589.05 Capital OutlayCommunity Center$0.00$0.00$0.00 Capital OutlayOther Financing Uses$0.00$0.00$0.00 FUND 490 Capital Outlay$86,915.00$0.00$8,471.30 $4,122,315.00$477,881.97$1,312,305.33 05/07/21 3:35 PM City of St. Joseph Page 1 Council Month End Expense - Enterprise Funds Current Period: April 2021 2021April2021 DescriptionDEPART DescrYTD Budget2021 Amt YTD Amt FUND 601 Water Fund Water FundBond Payment (P & I)$687,915.00$0.00-$7,818.00 Water FundOther Financing Uses$2,795.00$0.00$19,295.00 Water FundPower and Pumping$22,900.00$431.47$1,303.63 Water FundPurification-Plant 1$46,750.00$1,566.53$6,943.81 Water FundPurification-Plant 2$89,120.00$6,936.53$15,818.66 Water FundDistribution$10,000.00$4,160.21$5,776.19 Water FundWellhead Protection$3,000.00$0.00$0.00 Water FundStorage-Tower 1$19,100.00$594.00$2,375.28 Water FundWater Maintenance$259,590.00$26,847.26$69,116.88 Water FundAdministration and General$26,325.00$1,589.18$6,636.76 Water FundDepreciation Expense$450,000.00$0.00$0.00 FUND 601 Water Fund$1,617,495.00$42,125.18$119,448.21 FUND 602 Sewer Fund Sewer FundBond Payment (P & I)$140,605.00$0.00-$33,640.00 Sewer FundOther Financing Uses$8,585.00$0.00$18,575.00 Sewer FundSanitary Sewer Maintenanc$223,555.00$23,733.66$58,621.91 Sewer FundLift Station-Baker Street$6,935.00$724.65$1,376.33 Sewer FundLift Station-Ridgewood/DBL$2,975.00$127.30$396.41 Sewer FundLift Station-Northland$4,600.00$86.69$340.51 Sewer FundLift Station-CR 121$15,200.00$138.78$468.48 Sewer FundLift Station-Main$855,455.00$65,557.85$140,900.33 Sewer FundAdministration and General$26,670.00$1,589.18$6,797.75 Sewer FundDepreciation Expense$500,000.00$0.00$0.00 FUND 602 Sewer Fund$1,784,580.00$91,958.11$193,836.72 FUND 603 Refuse Collection Refuse CollectioWaste Collection$403,520.00$28,304.71$89,874.02 Refuse CollectioOther Financing Uses$430.00$0.00$10,425.00 Refuse CollectioDepreciation Expense$6,675.00$0.00$0.00 FUND 603 Refuse Collection$410,625.00$28,304.71$100,299.02 FUND 651 Storm Water Utility Storm Water UtiOther Financing Uses$14,730.00$0.00$8,345.00 Storm Water UtiAdministration and General$15,795.00$990.24$4,658.19 Storm Water UtiStorm Water Maintenance$89,260.00$1,554.84$22,872.23 Storm Water UtiDepreciation Expense$115,000.00$0.00$0.00 FUND 651 Storm Water Utility$234,785.00$2,545.08$35,875.42 FUND 652 Street Light Utility Street Light UtiliStreet Lighting$90,805.00$5,124.13$16,902.85 Street Light UtiliOther Financing Uses$0.00$0.00$0.00 FUND 652 Street Light Utility$90,805.00$5,124.13$16,902.85 05/07/21 3:35 PM City of St. Joseph Page 2 Council Month End Expense - Enterprise Funds Current Period: April 2021 2021April2021 DescriptionDEPART DescrYTD Budget2021 Amt YTD Amt $4,138,290.00$170,057.21$466,362.22 Council Agenda Item 4d ______ MEETING DATE: May 17, 2021 AGENDA ITEM: Donations and Contributions SUBMITTED BY: Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: N/A PREVIOUS COUNCIL ACTION: None BACKGROUND INFORMATION: Minnesota Statute 465.03 requires that all gifts and donations of real or personal property be accepted only with the adoption of a resolution approved by two-thirds of the members of the City Council. By accepting the donations, the city is accepting the intent of the donations. The in-kind donations are estimates. Total Dog Park cash donations received through 4/30/21 = $5,888.96 + $1,149 for pavers and refreshments. Total Jacob Wetterling Rec Center donations received through 4/30/21 = $3,040.91. BUDGET/FISCAL IMPACT: $4,482.47 ATTACHMENTS: Request for Council Action: Donations Resolution 2021-026 Accepting Donations REQUESTED COUNCIL ACTION: Consider approval Resolution 2021-026 Accepting Donations. RESOLUTION 2021-026 RESOLUTION ACCEPTED DONATION(S) WHEREAS, The City of St. Joseph is generally authorized to accepts gifts and bequests pursuant to Minnesota Statutes Section 465.03 and Minnesota Statutes Section 471.17 for the benefit of its citizens; and WHEREAS, said Minnesota Statute 465.03 requires that all gifts and donations of real or personal property be accepted only with the adoption of a resolution approved by two-thirds of the members of the City Council; and WHEREAS, the following person/persons and/or entity/entities has/have donated real and/or personal property as follows: DONOR METHOD PURPOSE AMOUNT Anonymous Cash Dog Park $4.00 Anonymous Cash Archery Range $12.00 Anonymous Cash Disc Golf $70.00 Rick Schultz Tree Saplings Parks $914.00 St. Joseph Lions Cash Street Signs $3,482.47 WHEREAS, all such donations have been contributed to assist the various city departments and programs as allowed by law; and WHEREAS, the City Council finds that it is appropriate to accept the donations offered. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF ST. JOSEPH, MINNESOTA, AS FOLLOWS: 1. The donations described above are accepted. 2. The Finance Department is hereby directed to issue receipts to each donor acknowledging the city’s receipt of the donors’ donations. ADOPTED by the City Council this 17th day of May, 2021. CITY OF ST. JOSEPH Rick Schultz, Mayor ATTEST Therese Haffner, Administrator Council Agenda Item 4.1 MEETING DATE:May 17, 2021 AGENDA ITEM:Bollig Engineering SUBMITTED BY: BACKGROUND INFORMATION: Kris Ambuehl with Bollig Engineering will be present at the meeting to present a Task Order Agreement relating to a federal grant. BUDGET/FISCAL IMPACT: Prepare, Draft, & Submit I-94 Grant $7,000 Application for St Joseph (lump sum) Remaining fee if grant is awarded (lump sum) $23,000 Grant Administration (hourly) TBD Total $30,000 ATTACHMENTS: Task Order Agreement Task Order #1 REQUESTED COUNCIL ACTION: Discuss and consider the Task Order Agreement and Task Order #1. 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Tfswjdft!sfmbujwf!up!tdpqf!dibohft!xjmm!opu!cf!jojujbufe!xjuipvu!xsjuufo!bvuipsj{bujpo!gspn!Pxofs/ Qbhf!5 ESBGU Standard Terms and Conditions b. To the fullest extent permitted by law, CLIENT shall indemnify and rs, directors, partners, 1.Standard of Care employees, and consultants from and against costs, losses, and damages a.The standard of care for all professional services performed or (including but not limited to reasonable fees and charges of engineers, furnished by BOLLIG INC under this Agreement will be the care and architects, attorneys, and other professionals, and reasonable court or skill ordinarily used by members of profession practicing arbitration or other dispute resolution costs) caused solely by the under similar circumstances at the same time and in the same locality. Bollig makes no warranties, express or implied, under this Agreement or partners, employees, and consultants with respect to this Agreement. otherwise in connection with services. c. In addition to the indemnity provided under Paragraph 5.b. of these b.CLIENT shall be responsible for, and BOLLIG may rely upon, the Standard Terms and Conditions, and to the fullest extent permitted by accuracy and completeness of all requirements, programs, instructions, law, CLIENT shall indemnify and hold harmless BOLLIG and reports, data and other information furnished by CLIENT to BOLLIG from pursuant to this Agreement. BOLLIG may use such requirements, reports, and against injuries, losses, damages and expenses (including but not data, and information in performing or furnishing services under this limited to all fees and charges of engineers, architects, attorneys, and Agreement. other professionals, and all court or arbitration or other disputes resolution costs) caused by, arising out of, or resulting from Hazardous c.CLIENT shall d Environmental Condition, provided that (i) any such injuries, losses, representative with respect to the services to be rendered under this damages and expenses are attributable to bodily injury, sickness, disease, Agreement. Such person shall have authority to transmit instructions, or death, or to injury to or destruction of tangible property, including the loss of use resulting therefrom, and (ii) nothing in this Paragraph 5.c. shall obligate CLIENT to indemnify any individual or entity to the extent d.CLIENT shall arrange for safe access to and make all provisions for d. To the fullest extent permitted by property as required for BOLLIG to perform services under this CLIENT and anyone claiming by, through, or under CLIENT for any Agreement. injuries, losses, damages, and expenses caused in part by the negligence of BOLLIG and in part by the negligence of CLIENT or any other e.CLIENT shall give prompt written notice to Bollig whenever negligent entity or individual, shall not exceed the percentage share that CLIENT observes or otherwise becomes aware of any development that BOLLIG, and all other negligent entities and individuals. of Construction Contractor(s), Consultants or Bollig. e. The indemnification provision of Paragraph 5.a. is subject to and f. CLIENT shall p limited by the provisions agreed to by CLIENT and BOLLIG in existing physical plants or facilities which are pertinent to the Project. 2.Independent Contractor 6. Exclusion of Special, Incidental, Indirect, and Consequential All duties and responsibilities undertaken pursuant to this Agreement will Damages be for the sole and exclusive benefit of CLIENT and BOLLIG and not for To the fullest extent permitted by law, and notwithstanding any other the benefit of any other party. Nothing contained in this Agreement shall provision in create a contractual relationship with or a cause of action in favor of a partners, employees, agents, and Consultants, or any of them, shall not be third party against either CLIENT or BOLLIG liable to CLIENT or anyone claiming by, through, or under CLIENT for this Agreement are being p any special, incidental, indirect, or consequential damages whatsoever other entity shall have any claim against BOLLIG because of this arising out of, resulting from, or in any way related to a Specific Project, Agreement or the performance or nonperformance of services hereunder. Task Order, or this Agreement, from any cause or causes, including but not limited to any such damages caused by the negligence, professional 3.Payments to BOLLIG errors or omissions, strict liability, breach of contract or warranties, standard invoicing practices and will be submitted to CLIENT by BOLLIG monthly, unless otherwise agreed. Invoices are due and payable within 30 days of receipt. If CLIENT fails to make any payment due BOLLIG for 7. Limit of Liability services and expenses within 30 days after To the fullest extent permitted by law, notwithstanding any other therefore, the amounts due BOLLIG will be increased at the rate of 1.0% provision of this Agreement, the total liability, in the aggregate of per month (or the maximum rate of interest permitted by law, if less) th from said thirtieth (30) day. In addition, BOLLIG may, after giving seven (7) days written notice to CLIENT, suspend services under this claiming by, through, or under CLIENT for any and all claims, losses, Agreement until BOLLIG has been paid in full all amounts due for costs, or damages whatsoever arising out of, resulting from or in any way services, expenses, and other related charges. related to the Project or the Agreement from any cause or causes, including but not limited to the negligence, professional errors or 4.Insurance omissions, strict liability or breach of contract, or warranty express or General Liability, and Automobile Liability and will provide certificates of insurance to CLIENT upon request. exceed the total compensation received by BOLLIG under this Agreement. 5.Indemnification and Allocation of Risk a.To the fullest extent permitted by law, BOLLIG shall indemnify and 8. Betterment irectors, partners, and If, due to negligence, a required item or component of the employees from and against costs, losses, and damages (including but not Project is omitted from the construction documents, BOLLIG shall not limited to reasonable fees and charges of engineers, architects, attorneys, be responsible for paying the cost required to add such item or and other professionals and reasonable court or arbitration or other component to the extent that such item or component would have been dispute resolution costs) caused solely by the negligent acts or omissions required and included in the original construction documents. In no event, will BOLLIG be responsible for any cost or expense that provides betterment or upgrades or enhances the value of the Project. agreement. wĻǝ͵ ЊЋΉЊАΉЊЍ ESBGU 9.Certifications, Guaranteed and Warrantiesc.If there is a discrepancy between the electronic files and the hard BOLLIG shall not be required to sign any documents, no matter by copies, the hard copies govern. whom requested, that would result in BOLLIG having to certify, guarantee or warrant the existence of conditions whose existence d. Because data stored in electronic media format can deteriorate or be BOLLIG cannot ascertain. CLIENT agrees not to make resolution of any dispute with BOLLIG or payment of any amount due to BOLLIG in creator, the party receiving electronic files agrees that it will perform any way contingent upon BOLLIG signing such certification. acceptance tests or procedures within 60 days, after which the receiving party shall be deemed to have accepted the data thus transferred. Any 10. Termination of Contract errors detected within the 60-day acceptance period will be corrected by Either party may at any time, upon seven (7) days prior written notice to the party delivering the electronic files. BOLLIG shall not be responsible the other party, terminate this Agreement. Upon such termination, to maintain documents stored in electronic media format after acceptance CLIENT shall pay BOLLIG all amounts owing to BOLLIG under this by CLIENT. Agreement, for all work performed up to the effective date of termination, plus reasonable termination costs. 15. Force Majeure BOLLIG shall not be liable for any loss or damage due to failure or delay 11. Hazardous Environmental Conditions in rendering any service called for under this Agreement resulting from a leum, 16. Assignment hazardous waste, or radioactive materials in such quantities or Neither party shall assign its rights, interests, or obligations under this circumstances that may present a substantial danger to persons or Agreement without the express written consent of the other party. property exposed thereto in connection with the Assignment. In the event BOLLIG or any other party encounters a Hazardous Environmental 17. Binding Effect Condition, BOLLIG may, at its option and without liability for This Agreement shall bind, and the benefits thereof shall inure to the consequential or any other damages, suspend performance of services on respective parties hereto, their legal representatives, executors, the portion of the Assignment affected thereby until CLIENT: (i) retains administrators, successors, and assigns. appropriate specialist consultant(s) or contractor(s) to identify and, as appropriate, abate, remediate, or remove the Hazardous Environmental 18. Severability and Waiver of Provisions Condition; and (ii) warrants that the site is in full compliance with Any provision or part of the Agreement held to be void or unenforceable applicable laws and regulations. CLIENT acknowledges that BOLLIG is under any laws or regulations shall be deemed stricken, and all remaining performing professional services for CLIENT and that BOLLIG is not provisions shall continue to be valid and binding upon CLIENT and BOLLIG, who agree that the Agreement shall be reformed to replace such stricken provision or part thereof with a valid and enforceable Comprehensive Environmental Response, Compensation, and Liability provision that comes as close as possible to expressing the intention of Act of 1990 (CERCLA), which are or may be encountered at or near the the stricken provision. Non-enforcement of any provision by either party shall not constitute a waiver of that provision, nor shall it affect the enforceability of that provision or of the remainder of this Agreement. 12. Patents BOLLIG shall not conduct patent searches in connection with its services 19. Survival under this Agreement and assumes no responsibility for any patent or All express representations, indemnifications, or limitations of liability copyright infringement arising therefrom. Nothing in this Agreement included in this Agreement will survive its completion or termination for shall be construed as a warranty or representation that anything made, any reason. used, or sold arising out of the services performed under this Agreement will be free from infringement or patents or copyrights. 20. Headings The headings used in this Agreement are for general reference only and 13. Client Ownership and Reuse of Documents do not have special significance. All documents prepared or furnished by BOLLIG pursuant to this Agreement are instruments of service, and BOLLIG shall retain an 21. Controlling Law ownership and property interest therein. Reuse of any such documents by This Agreement is to be governed by the law of the State of Minnesota. indemnify, and hold BOLLIG harmless from all claims, damages, and 22. Notices Any notices required under this Agreement will be in writing, addressed by CLIENT or by others acting through CLIENT. to the appropriate party at its address on the signature page and given personally, or by registered or certified mail postage prepaid, or by a 14. Use of Electronic Media commercial courier service. All notices shall be effective upon the date of a.Copies of Documents that may be relied upon by CLIENT are receipt. limited to the printed copies (also known as hard copies) that are signed and sealed by BOLLIG. Files in electronic media format of text, data, 23. Geotechnical Report graphics, or of other types that are furnished by BOLLIG to CLIENT are Geotechnical Report and Recommendations (when provided) are being only for convenience of CLIENT. Any conclusion or information facilitated as information to Owner only. Bollig assumes no risk or oliability as to how the information is used, interpreted or relied upon. risk. b.When transferring documents in electronic media format, BOLLIG makes no representation as to long-term compatibility, usability, or readability of documents resulting from the use of software application packages, operating systems, or computer hardware differing from those used by BOLLIG at the beginning of this Assignment. wĻǝ͵ ЊЋΉЊАΉЊЍ Buubdinfou!2 ESBGU Hfofsbm!Gpsnbu!pg!b Ubtl!Psefs!Op/! Jo!bddpsebodf!xjui!Bhsffnfou!Cfuxffo!Pxofs!boe!Fohjoffs!gps!Qspgfttjpobm!Tfswjdft!wjb!Ubtl!Psefs! ebufe!````````````````````!)#Bhsffnfou#*-!Pxofs!boe!Fohjoffs!bhsff!bt!gpmmpxt; 2/Qspkfdu!Eftdsjqujpo B/Ujumf;!! C/Eftdsjqujpo; 3/Tfswjdft!pg!Fohjoffs Cbtjd!Fohjoffsjoh!Tfswjdft-!Sftjefou!Qspkfdu!Sfqsftfoubujwf!boe!Beejujpobm!Tfswjdft!bt!eftdsjcfe! cfmpx; 4/Efmjwfsbcmft; 5/Qspkfdu!Ujnjoh; 6/Qbznfout!up!Fohjoffs; Ufsnt!boe!Dpoejujpot;!!Fohjoffs!jt!bvuipsj{fe!up!cfhjo!qfsgpsnbodf!vqpo!jut!sfdfjqu!pg!b!dpqz!pg!uijt! Ubtl!Psefs!tjhofe!cz!Pxofs/!Gff!tibmm!cf!gjyfe!boe!xjmm!opu!cf!fydffefe!xjuipvu!beejujpobm!bvuipsj{bujpo/ Uif!Fggfdujwf!Ebuf!pg!uijt!Ubtl!Psefs!jt!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!-!!!!!!!!!!!!/!! PXOFS;FOHJOFFS; Cz;Cz; Obnf;Obnf; Ujumf;Ujumf; Ubtl!Psefs!Op/!2!)qbhf!2!pg!```* ESBGU 2021 STANDARD PROFESSIONAL SERVICE RATES Billing Class Hourly Rate ($/hr) Principal Engineer 160-195 Sr. Project Engineer 120-185 Project Engineer (I-V) 75-145 Specialist Engineer 180-195 Sr. Architect 120-185 Project Architect (I-IV) 75-120 Aviation Lead 120-185 Aviation Planner (IV) 75-125 Project Manager 75-130 Construction Observer/Manager 75-130 Technician (I-IV) 65-130 Funding Specialist 75-160 Development Specialist (I IV) 95-185 Project Coordinator 65-98 Registered Land Surveyor 105-130 Survey Crew 125 Survey Tech (I-IV) 65-105 I/I Monitoring Equipment Available Upon Request Standard hourly rates include mileage, general copies, faxes, CAD equipment, phone calls, meals, and lodging. Survey crew equals one person plus GPS or robotic survey equipment. Reimbursable costs such as sub consultants or extensive copying are billed at costs x 15% 1700 Technology Drive NE-Suite 124 | Willmar, MN 56201 | Phone 320.235.2555 2171 Troop Drive | Sartell, MN 56377 | Phone 320.774.2564 www.bollig-engineering.com Task Order No. 1 In accordance with Agreement Between Owner and Engineer for Professional Services via Task Order dated May 17, 2021 ("Agreement"), Owner and Engineer agree as follows: 1. Project Description A. Title: I-94 Corridor Infrastructure Grant B.Description: Prepare, develop, advocate, and submit Federal Grant Application due May 21, 2021 for infrastructure near I-94in St. Joseph, MN 2. Services of Engineer Engineering Services as described below: Description Amount Prepare, Draft, & Submit I-94 Grant Application for St Joseph (lump sum) $7,000 Remaining fee if grant is awarded (lump sum) $23,000 Grant Administration (hourly) TBD Total $30,000 *Bollig Inc may alter the distribution of compensation between tasks to be consistent with the services actually provided. 3. Deliverables: Completed Grant Application 4. Project Timing: Completed May 21, 2021 5. Payments to Engineer: Per Table 1 above Terms and Conditions: Engineer is authorized to begin performance upon its receipt of a copy of this Task Order signed by Owner. Fee shall be fixed and will not be exceeded without additional authorization. The Effective Date of this Task Order is May 17, 2021 . OWNER: City of St Joseph ENGINEER: Bollig Inc By: By: Name: Rick Schultz Name: Brian F. Bollig Title: Mayor Title: President Task Order No. 1 (page 1 of 1) Council Agenda Item 5 MEETING DATE:May 17, 2021 AGENDA ITEM: 2020 Audit Presentation – Janel Bitzan, Audit Manager SUBMITTED BY: Finance PREVIOUS COUNCIL ACTION: The City Council hired BerganKDV to conduct the 2020 financial audit. BACKGROUND INFORMATION: Annually the City is required to have an independent audit completed. The final audited statements are presented to the City Council and submitted to the State of Minnesota. Steve Wischmann from Bergan Kern, DeWenter, Viere, Ltd. (BKDV) will be here to provide an overview of the audit and financial status as of December 31, 2020. The audited financial statements can be cumbersome to read. Although the entire report is important for the users of the statements, the Management Discussion and Analysis (MD&A) on pages 5-22 provide a nice overview of the financial highlights for 2020 and the economic factors that will affect the upcoming years. City staff prepared the MD&A analysis. The report provided titled “Communications Letter” is an analysis of the financial condition of the City by BKDV. BUDGET/FISCAL IMPACT: Informational only ATTACHMENTS: Request for Council Action 2020 Audited Financial Statements 2020 Communications Letter REQUESTED COUNCIL ACTION: Accept the 2020 Audited Financial Statements. City of St. Joseph Stearns County, Minnesota Financial Statements December 31, 2020 City of St. Joseph Table of Contents Elected Officials and Administration 1 Independent Auditor's Report 2 Management's Discussion and Analysis 5 Basic Financial Statements Government-Wide Financial Statements Statement of Net Position 26 Statement of Activities 27 Fund Financial Statements Balance Sheet Governmental Funds 28 Reconciliation of the Balance Sheet to the Statement of Net Position Governmental Funds 29 Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds 30 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities Governmental Funds 31 Statement of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual General Fund 33 Statement of Net Position Proprietary Funds 34 Reconciliation of the Statement of Net Position Business-Type Activities 37 Statement of Revenues, Expenses, and Changes in Fund Net Position Proprietary Funds 38 Reconciliation of the Statement of Revenues, Expenses, and Changes in Net Position Business-Type Activities 41 Statement of Cash Flows Proprietary Funds 42 Notes to Financial Statements 45 Required Supplementary Information Schedule of City's Proportionate Share of Net Pension Liability General Employees Retirement Fund 82 Schedule of City's Proportionate Share of Net Pension Liability Public Employees Police and Fire Retirement Fund 82 Schedule of City Contributions General Employees Retirement Fund 83 Schedule of City Contributions Public Employees Police and Fire Retirement Fund 83 Schedule of Changes in the Net Pension Liability and Related Ratios Fire Relief Association 84 Schedule of City Contributions and Non-Employer Contributing Entities Fire Relief Association 86 Notes to Required Supplementary Information 88 City of St. Joseph Table of Contents Supplementary Information Schedule of Revenues, Expenditures, and Changes in Fund Balance Budget and Actual General Fund 96 Combining Balance Sheet Nonmajor Governmental Funds 98 Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds 106 Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards 115 Minnesota Legal Compliance 117 Schedule of Finding and Response on Internal Control 118 City of St. Joseph Elected Officials and Administration December 31, 2020 1 Independent Auditor's Report Honorable Mayor and Members of the City Council City of St. Joseph St. Joseph, Minnesota Report on the Financial Statements We have audited the accompanying financial statements of the governmental activities, the business- type activities, each major fund, and the aggregate remaining fund information of the City of St. Joseph, Minnesota, as of and for the year ended December 31, 2020, and the related notes to financial statements, which collectively comprise the City's basic financial statements as listed in the Table of Contents. Management's Responsibility for the Financial Statements The City of St. Joseph's management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the City's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we express no such opinion.An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. 2 Opinions In our opinion, the financial statements referred to in the first paragraph present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Joseph, Minnesota, as of December 31, 2020, and the respective changes in financial position and, where applicable, cash flows thereof, and the budgetary comparison for the General Fund for the year then ended in accordance with accounting principles generally accepted in the United States of America. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis, which follows this report letter, and Required Supplementary Information as listed in the Table of Contents be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board (GASB) who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the Required Supplementary Information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Other Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City of St. Joseph's basic financial statements. The combining nonmajor and individual fund financial statements and schedules are presented for purposes of additional analysis and are not a required part of the basic financial statements. The combining nonmajor and individual fund financial statements and schedules are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the combining and individual nonmajor fund financial statements are fairly stated, in all material respects, in relation to the basic financial statements as a whole. 3 Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated May5,2021, onour consideration of the Cityof St.Joseph'sinternal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contractsand grant agreements,and other matters.The purpose of that report is solelyto describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion onthe effectiveness of internal controlover financial reporting or on compliance.That report is an integral part of an audit performed in accordance with Government Auditing Standardsin considering theCity of St.Joseph'sinternal control over financial reporting and compliance. St. Cloud, Minnesota May5,2021 4 City of St. Joseph statements this narrative overview and analysis of the financial activities of the City of St. Joseph for the fiscal year ended December 31, 2020. FINANCIAL HIGHLIGHTS Key financial highlights for 2020include the following: The assetsand deferred outflows of resourcesof the City of St. Joseph exceeded its liabilitiesan deferred inflows of resourcesat the close of the most recent fiscal year by $44,107,949.Of this amount, $5,743,919may be used to meet creditors (unrestricted net position). 5,253,233from 2019to2020.The individual funds with the largest increase in net position include the water, sewer and storm water funds. All three enterprise funds receivedcapital contributions totaling $1,001,943plus $350,328 in the governmental fundsamounting to25% of the increase in net position.Net investment in capital assets increased $3,342,192; restricted for debt service increased $1,893,601 as the largest contributing factors to the increase in net position. As of the close of the current fiscal year, the City o combined ending fund balances of $9,728,566, an increase of $574,571.Of this amount $1,648,649.The remaining balance of $8,079,917is set aside for specific future expenditures. At the end of the current fiscal year, unassigned fund balance for the general fund was $1,707,066or38% of the total general fund expenditures. -term debt increased by $599,814during the current fiscal year.The City had fourdebts paid in full,refinanced four debts for interest savings, issued three newdebts, and added to the final draw for the St. Cloud biosolids Public Facilities Authority th (PFA) loan in 2020.The new debts issued paid for 20AveSEwatermainimprovements, general capital equipment, purchasing a public works building, andSt. Cloud biosolids improvements.The refunding bonds issued refinanced the 2013A and 2014A bonds. OVERVIEW OF THE FINANCIAL STATEMENTS This discussion and analysis are financial statements. components: 1) government-wide financial statements, 2) fund financial statements and 3) notes to the financial statements.This report also contains other supplementary information in addition to the basic financial statements themselves. Government-Wide Financial Statements.The government-wide financial statements are designed to es, in a manner similar to a private-sector business. and deferred outflows of resources and liabilities,and deferred inflows of resourceswith the difference between the fourreported as net position.Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City of St. Joseph is improving or deteriorating. 5 City of St. Joseph OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED) the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). Both the government-wide financial statements distinguish functions of the City of St. Joseph that are principally supported by taxes and intergovernmental revenues (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the City of St. Joseph include general government, public safety, public works, economic development, culture and recreation, and interest on long-term debt. The business-type activities of the City of St. Joseph include water, sanitary sewer, refuse, storm water and street light utility services. The government-wide financial statements include not only the City of St. Joseph itself (known as the primary government), but also a legally separate Economic Development Authority. Financial information for this component unit is blended in the financial information. The government-wide financial statements can be found on pages 24-25 of this report. Fund Financial Statements. A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City of St. Joseph, like other state and local governments, utilize fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All of the funds of the City of St. Joseph can be divided into one of the following two categories: governmental funds and proprietary funds. Governmental Funds. Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. -term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so readers may better understand the long-term impa-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and government-wide governmental activities. 6 City of St. Joseph OVERVIEW OF THE FINANCIAL STATEMENTS(CONTINUED) Governmental FundsThe City of St. Joseph maintains forty-sixindividual governmental funds. Information is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures and changes in fund balances for the General Fund and G.O. Industrial Park Bonds of 2019Afund which are considered to be major funds.Data from the other governmental funds are combined into a single, aggregated presentation.Individual fund data for each of these non-major governmental funds is provided in the form of combining statements elsewhere in this report. The City of St. Joseph adopts an annual appropriated budget for its general.A budgetary comparison statement has been provided for thisfundonpage 31to demonstrate compliance with the budget. The basic governmental fund financial statements can be found on pages 26 -31of this report. Proprietary Funds.The City of St. Joseph maintains proprietary funds that are used to report the same functions presented as business-type activities in the government-wide financial statements.The City of St. Joseph uses proprietary funds to account for its water, sanitary sewer, refuse, storm water and street light utility activities. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail.The proprietary fund financial statements provide separate information for the water, sanitary sewer, refuse, storm water and street light utility, all of which are considered to be major funds of the City of St. Joseph. The basic proprietary fund financial statements can be found on pages 32-41of this report. Notes to the Financial Statements.The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.The notes to the financial statements can be found on pages 43-78of this report. Other Information.The required supplementary information (pages 79-91) and supplemental information including the combined statements referred to earlier in connection with non-major governmental funds can be found on pages 96-111of this report. Comparative Data.While comparative data is not illustrated in this report, comments throughout this narrative and overview will discuss significant changes from the prior year. GOVERNMENT-WIDE FINANCIAL ANALYSIS position.In the case of the City of St. Joseph, assetsand deferred outflows of resourcesexceeded liabilities and deferred inflows of resources by $44,107,949at the close of the most recent fiscal year. sets (e.g. land, buildings, machinery and equipment) net accumulated depreciation, less any related debt used to acquire those assets that is still outstanding.The City of St. Joseph utilizes these capital assets to provide services to citizens; consequently, these assets are not available for future spending.Although, that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities. 7 City of St. Joseph GOVERNMENT-WIDE FINANCIAL ANALYSIS (CONTINUED) NET POSITION Governmental ActivitiesBusiness-Type ActivitiesTotal Assets202020192020201920202019 Current and other assets$ 14,363,117$ 11,569,653$ 3,669,686$ 2,682,064$ 18,032,803$ 14,251,717 Capital assets, net 19,888,686 17,991,864 34,203,182 34,070,689 54,091,868 52,062,553 Total assets 34,251,803 29,561,517 37,872,868 36,752,753 72,124,671 66,314,270 Deferred Outflows of Resources Deferred outflows of resources related to pensions 536,263 719,067 31,986 23,234 568,249 742,301 Total deferred outflows 536,263 719,067 31,986 23,234 568,249 742,301 Liabilities Current liabilities 3,098,156 2,035,423 1,793,478 1,303,001 4,891,634 3,338,424 Long-term liabilities 14,355,209 13,922,151 8,662,026 9,717,387 23,017,235 23,639,538 Total liabilities 17,453,365 15,957,574 10,455,504 11,020,388 27,908,869 26,977,962 Deferred Inflows of Resources Deferred inflows of resources related to lease receivables - 89,817 - - - 89,817 Deferred inflows of resources related to pensions 660,433 1,079,913 15,669 54,163 676,102 1,134,076 Total deferred inflows 660,433 1,169,730 15,669 54,163 676,102 1,223,893 Net Position Net investment in capital assets 9,903,925 7,568,790 24,790,138 23,627,091 31,660,218 28,318,026 Restricted 6,703,812 4,371,072 - - 6,703,812 4,371,072 Unrestricted 66,531 1,213,418 2,643,543 2,074,345 5,743,919 6,165,618 Total net position$ 16,674,268$ 13,153,280$ 27,433,681$ 25,701,436$ 44,107,949$ 38,854,716 15%) represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position is a surplus of $5,743,919, or a surplus of $2,710,074 after removing the unrestricted portion of governmental debt for enterprise assets. The surplus is largely the result of the retirement of bonds and notes payables, along with reduction in compensated absences. The City of St. Joseph had two retirements in 2020 with large compensated absence balances that were paid out upon retirement. The new hires will need time in employment to reach the same level of compensated liability balances. 8 City of St. Joseph GOVERNMENT-WIDE FINANCIAL ANALYSIS (CONTINUED) At the end of the current fiscal year, the City of St. Joseph is able to report positive balances in all three categories of net position for the government as a whole, as well as for its separate business-type activities and governmental activities. Governmental Activities. The governmental activities change in net position balance increased $3,520,988. with development activity, increase in interest earnings, and reduction in compensated absence liability. Contributed assets were received from two development projects and recorded as a capital grant, increasing the governmental activities net position. Business-Type Activities. There was a 6% increase in the total net position for the business-type activities. The increase is due to paying down bonds, reduction in compensated absences due to retirements and significant development fees collected. The full value of the assets is netted against the bonds payable. Also, plant and lines increased with developer contributions increasing the business-type net position. The graph and charts on the following pages summarize and graphically depict the changes in net position for the governmental and business-type activities. 9 City of St. Joseph GOVERNMENT-WIDE FINANCIAL ANALYSIS(CONTINUED) Chang in Net Position RevenuesGovernmental ActivitiesBusiness-Type ActivitiesTotal Program Revenues202020192020201920202019 Charges for services$756,222$903,089$3,406,573$3,371,497$4,162,795$ 4,274,586 Operating grants and contributions407,234265,382 9,224 1,335416,458 266,717 Capital grants and contributions3,860,8543,554,879422,801 - 4,283,655 3,554,879 General Revenues Property taxes2,929,2512,340,046 14322,356 2,929,394 2,362,402 Tax increments160,979140,321- -160,979 140,321 Sales taxes505,818498,304- -505,818 498,304 Franchise fees132,991134,704- -132,991 134,704 Lodging taxes 4,91415,584- - 4,914 15,584 Miscellaneous taxes 4,01010,276- - 4,010 10,276 State aids1,148,6111,005,897- -1,148,611 1,005,897 Unrestricted investment earnings229,232238,22472,138109,852301,370 348,076 Gain on disposal of assets55,373 4,000- 23655,373 4,236 Total revenues10,195,4899,110,7063,910,8793,505,27614,106,36812,615,982 Expenses General government1,225,060948,716- -1,225,060 948,716 Public safety2,020,1591,820,630- -2,020,159 1,820,630 Public works1,381,2351,409,166- -1,381,235 1,409,166 Economic development521,216394,944- -521,216 394,944 Culture and recreation604,912671,149- -604,912 671,149 Interest on long-term debt395,731309,733- -395,731 309,733 Water- -990,028947,461990,028 947,461 Sanitary sewer- -1,141,9591,127,7721,141,959 1,127,772 Refuse- -315,482319,085315,482 319,085 Storm water- -191,197198,628191,197 198,628 Street light utility- -66,15656,12766,156 56,127 Total expenses6,148,3135,554,3382,704,8222,649,0738,853,135 8,203,411 Increase (decrease) in net position before transfers4,047,1763,556,3681,206,057856,2035,253,233 4,412,571 Transfers(526,188)(1,921,918)526,1881,921,918- - Change in net position3,520,9881,634,4501,732,2452,778,1215,253,233 4,412,571 Net Position Net position - beginning13,153,28011,518,83025,701,43622,923,31538,854,71634,442,145 Net position - ending$16,674,268$13,153,280$27,433,681$25,701,436$44,107,949$38,854,716 10 City of St. Joseph PROGRAM REVENUES AND EXPENSES GOVERNMENTAL ACTIVITIES ЌͲЎЉЉͲЉЉЉ ЌͲЉЉЉͲЉЉЉ ЋͲЎЉЉͲЉЉЉ ЋͲЉЉЉͲЉЉЉ ЊͲЎЉЉͲЉЉЉ ЊͲЉЉЉͲЉЉЉ ЎЉЉͲЉЉЉ Љ DĻƓĻƩğƌtǒĬƌźĭ {ğŅĻƷǤtǒĬƌźĭ ‘ƚƩƉƭ9ĭƚƓƚƒźĭ/ǒƌƷǒƩĻ ğƓķLƓƷĻƩĻƭƷ ƚƓ \[ƚƓŭΏ DƚǝĻƩƓƒĻƓƷ5ĻǝĻƌƚƦƒĻƓƷwĻĭƩĻğƷźƚƓĻƩƒ 5ĻĬƷ wĻǝĻƓǒĻƭ9ǣƦĻƓƭĻƭ REVENUES BY SOURCE -GOVERNMENTAL ACTIVITIES DĻƓĻƩğƌ DƚǝĻƩƓƒĻƓƷ Ћі tǒĬƌźĭ {ğŅĻƷǤ Ві DĻƓĻƩğƌ wĻǝĻƓǒĻƭ ЎЊі tǒĬƌźĭ ‘ƚƩƉƭ ЌЍі 9ĭƚƓƚƒźĭ 5ĻǝĻƌƚƦƒĻƓƷ /ǒƌƷǒƩĻ ğƓķ wĻĭƩĻğƷźƚƓ Ћі Ћі 11 City of St. Joseph REVENUES BY SOURCE -BUSINESS-TYPE ACTIVITIES {ƷƚƩƒ ‘ğƷĻƩ ЊЉі {ƷƩĻĻƷ \[źŭŷƷ ƷźƌźƷǤ Ћі {ğƓźƷğƩǤ {ĻǞĻƩ wĻŅǒƭĻ ЍЉі Бі ‘ğƷĻƩ ЌБі DĻƓĻƩğƌ wĻǝĻƓǒĻƭ Ћі PROGRAM REVENUES AND EXPENSES BUSINESS-TYPE ACTIVITIES ЊͲЏЉЉͲЉЉЉ ЊͲЍЉЉͲЉЉЉ ЊͲЋЉЉͲЉЉЉ ЊͲЉЉЉͲЉЉЉ БЉЉͲЉЉЉ ЏЉЉͲЉЉЉ ЍЉЉͲЉЉЉ ЋЉЉͲЉЉЉ Љ ‘ğƷĻƩ{ğƓźƷğƩǤ {ĻǞĻƩwĻŅǒƭĻ{ƷƚƩƒ ‘ğƷĻƩ{ƷƩĻĻƷ \[źŭŷƷ ƷźƌźƷǤ wĻǝĻƓǒĻƭ9ǣƦĻƓƭĻƭ 12 City of St. Joseph Governmental Funds. The financial performance of the City of St. Joseph as a whole is reflected in its governmental funds as well. As the City completed the fiscal year 2020, its governmental funds reported a combined fund balance of $9,728,566, an increase of $574,571 from 2019. governmental funds were $7,902,173, while expenditures were $10,264,100. The excess of expenditures th over revenues is largely attributed to construction costs for the industrial park, 20 Ave SE watermain, public works facility and street overlay improvements. The improvements are paid mainly from bond proceeds that are reported as other financing sources. After adding other financing sources and uses, the net change in fund balance is an increase of $574,571. By removing the four construction costs, governmental revenues exceeded expenditures by $284,744. The major funds will be discussed further below. Other governmental non-major funds ended the year $353,160 increase in fund balances. A couple non-major funds to recognize are the G.O. improvement bond of 2014A and state collected sales tax fund. The 2014A bonds funded the Park Terrace street and utilities improvements. In 2020, the City issued advanced refunding bonds to refinance the 2014A bonds on the call date of December 1, 2021. The 2020C unspent bond proceeds of $1,309,547 will be used to pay the remaining 2014A principal on the call date. The state collected sales tax fund received $505,814 in local option sales tax revenues in 2020. The sales tax is used for projects approved by state statute. The revenues are reserved for future projects such as the East Park development and Community/Jacob Wetterling Recreation Center. Current projects expended with local option sales tax includes the CSAH 2 trail extension, Colts Academy bonds and the Field Street bonds. A summary of financial highlights for each major governmental fund follows. General Fund The general fund is the chief operating fund of the City of St. Joseph. At the end of the current fiscal year, unassigned fund balance of the general fund was $1,707,066. liquidity, it may be useful to compare both unassigned fund balance to total fund expenditures. Unassigned fund balance represents 38% (4.5 months) working capital and 44% (5.2 months) compared to the budgeted 2021 expenditures. The City Council has adopted a financial policy which includes a goal to maintain the general fund working capital fund balance equal to 4-6 months of expenditures. The excess unassigned fund balance can be attributed to interest earnings, increased lease revenue and under spending salaries and wages. Salaries and wages were less due to the resignation of the administrator and not replacing an open position for three months, and the retirement of the public works director who was not replaced. General fund revenues exceeded budgeted amounts by $746,950. The largest variance came from intergovernmental revenues that came from the Coronavirus Relief Fund. 13 City of St. Joseph (CONTINUED) General Fund (Continued) General fund expenditures were over budget by $408,418 primarily from COVID-19 federal expenditures. The City of St. Joseph sets funds aside for the street maintenance plan. The street maintenance plan expenditures fluctuate each year, increasing in 2020 by $38,670. In addition, snow and ice removal for the recently annexed area was budgeted to be contracted with a local company. The City of St. Joseph took over the snow plowing in the annexed area in fall 2020. Public safety expenditures were over budget due to the increased volume of fire calls and the City of St. Joseph paying a higher portion of the fire contract than budgeted. Police current expenditures under budget by $110,296. The sergeant promotion did not occur until July 2020 and the ninth officer was not hired until September 2020. The hires were budgeted for January and July, respectively. Policing costs were down from special events due to COVID-19 cancellations. A large difference in all general fund programs is the health insurance budget. The City of St. joseph budgets for family premiums even though some . The difference in the budget to actual is transferred internally to the employee retirement reserve fund. Finally, the transfer out of the general fund totaled $297,256. These were unbudgeted transfers. The largest was a transfer to the debt service relief fund for excess budgeted revenues over expenditures. The debt service relief fund reduces the future debt costs with the City paying cash for smaller projects. As a result of the prudent financial policies of the City, the general fund remained stable. The schedule below presents a summary of general fund revenues and expenditures. December 31,December 31,IncreasePercent Revenues20202019(Decrease)Change Taxes and franchise fees$ 2,068,872$ 1,566,070$ 502,80232% Special assessment 3,389 3,558 (169)-5% Licenses and permits 178,139 255,953 (77,814)-30% Intergovernmental 2,102,263 1,230,507 871,75671% Charges for services 430,989 406,047 24,9426% Fines and forfeitures 43,317 52,289 (8,972)-17% Miscellaneous 118,266 197,176 (78,910)-40% Total General fund revenue$ 4,945,235$ 3,711,600$ 1,233,63533% December 31,December 31,IncreasePercent Expenditures20202019(Decrease)Change General government$ 1,092,091$ 835,169$ 256,92231% Public safety 1,983,421 1,627,582 355,83922% Public works 734,424 567,271 167,15329% Economic development 201,414 - 201,414100% Culture and recreation 462,263 399,140 63,12316% Total General fund expenditures$ 4,473,613$ 3,429,162$ 1,044,45130% 14 City of St. Joseph (CONTINUED) General Fund Budgetary Highlights Over the course of the year, the City of St. Joseph did not amend the annual operating budget. Historically, the City has minimal budget amendments during the budget year. Actual revenues were $746,950 more than expected mainly due to intergovernmental revenues from the Coronavirus Relief Funds federal grant. In addition, interest income came in higher than budgeted. The City budgets conservatively for revenues not known at the time the budget is set. Actual expenditures were $408,418 higher than budget. As stated earlier, the City incurred federal expenditures in dealing with the pandemic. A couple other points on the expenditure budget: o To help minimize fluctuations in the budget, the City budgets family insurance coverage for the majority of the employees even though some elect single or no coverage. Budgeting for the highest insurance cost alleviates budget spikes when employees change their insurance election and when new hires are made. o The City manages a five-year capital equipment plan (CEP) and capital improvement plan (CIP). During the budget process each year, the plans are reviewed and the council prioritizes which projects/equipment will be funded. The funds are set aside for future purchases as the useful life of equipment and infrastructure are depleted, or as new equipment needs are warranted. Due to the large costs associated with some of the needed equipment, setting funds aside minimizes the fluctuations in the capital outlay budget. o Staff changes in both the police department and administration had a significant impact on the expenditures for 2020. The position of sergeant remained vacant until July 2020. The resignation of the administrator and replacement of the community development direction had a gap of three months. In addition, the public works director retired and has not been replaced. The public works superintendent took over the duties of the director until a replacement is determined. o Streets and highways realized expenditures under budget mainly due to snow and ice removal as discussed earlier. Proprietary Funds. information found in the government-wide financial statements, but in more detail. The unrestricted net position of the proprietary funds increased $569,198 overall. The following five paragraphs provide a brief financial overview of each major proprietary fund. 15 City of St. Joseph (CONTINUED) Water Enterprise Fund . In 2020 net position increased $733,656. Before transfers and capital contributions, the operating income reported a $216,113 surplus. The change in net position includes depreciation of $441,855. The water operating revenues are covering 100% of the depreciation. Bonded debt payments in the water fund totaled $691,099. Debt payments are covered by water rates, debt levy, water connection and trunk fees, and transfers from the sewer fund. Water rates have been incrementally increased over the past few years to cover operational costs as well as water related debt. The current rates are sufficient for the water fund operations and debt costs. In 2020, the water fund received an advanced refunding for the 2014A debt. The refunding will occur on the December 1, 2021 call date. $430,453 is being held in escrow until the 2014A bonds are called. Water revenues are set aside for future improvements such as required maintenance on the current water tower and adding a second water tower to the utility system. Water connections can dip in down economic times. Having water reserves can level rate adjustments and help weather difficult economic times. Rates are reviewed annually as part of the budget adoption. Sanitary Sewer Enterprise Fund The sanitary sewer fund is used to account for the . In 2020, 683,356 and realized $349,598 in operating income. User fees are covering 100% of the depreciation, and 100% of the non-operating revenues and expenses. As a contract user of the St. Cloud Wastewater Treatment Facility, St. Joseph is obligated to pay a portion of the costs to maintain the plant and conveyance system. St. Joseph issued four notes with the City of St. Cloud for various facility and conveyance projects. In addition, St. Joseph issued a current refunding bond to refinance the 2013A sewer revenue bonds. The refunding bond will result in interest savings over the remaining term. The debt costs are partially paid with reserved Sewer Access Charges (SAC), trunk fees and sewer usage rates. The development fees in 2019 and 2020 greatly assisted in covering debt costs. As a result, rate increases have slowed down to a more average increase (1-3%) after a few years of significant user rate increases. Rates are reviewed annually as part of the budget adoption. Refuse Enterprise Fund The refuse fund is used to account for the contract services to provide residential refuse, recycling and compost services. The refuse fund ended 2020 with a net position of $248,623, an increase of $8,767. The city council opted to under-fund the costs to operate the refuse and compost programs by using unused net position to cover the difference for a couple years. The overall net position is healthy and was able to manage the decrease in user fees. Storm Water Enterprise Fund . In 2020, the increased $273,392; a decrease of $36,634 before capital contributions and transfers. The storm water fund realized an operating loss of $43,966, covering 68% depreciation. In 2018 the city council opted to reduce the storm water usage rates by half in order to accommodate increases in other utilities. The rates are being stepped up to get closer to covering costs. The operating loss was anticipated and the storm water fund could absorb with the healthy net position balance. In addition, the storm water fund received $326,245 in capital contributions to assist in the increased net position of the fund. 16 City of St. Joseph (CONTINUED) Street Light Utility Enterprise Fund . As of December 31, 2020 change in net position increased $14,946, and an operating income of $16,262. The city council increased rates slightly to ensure expenses are covered by fees. The street light utility fund also covers expenses for holiday lights on the street lights and other utility poles along Minnesota Street and College Avenue. Overall, the net position of the street light utility fund has grown to $75,905 since splitting from the general fund in 2013. CAPITAL ASSETS AND DEBT ADMINISTRATION Capital Assets The capital assets include land, intangible assets, buildings, improvements, machinery and equipment, infrastructure, easements, plant and lines, sewer rights, and construction in progress. The City of St. net capital assets for its governmental and business-type activities as of December 31, 2020, amounts to $54,091,868 (net of accumulated depreciation), an increase of $2,029,315. The increase in net capital assets was attributable to the developer infrastructure contribution of Rivers Bend Plat 3 and Country Manor Phase I. In addition, construction is progress increased $114,940. Construction in progress is not depreciated and increases the net capital assets. Net investment in capital assets increased $3,342,192. The contributed assets aided in the increase due to no offsetting debt when the assets were acquired. The table below CAPITAL ASSETS Governmental ActivitiesBusiness-Type ActivitiesTotal 202020192020201920202019 Land$ 763,197 $ 763,197 $ 377,882 $ 377,882 $ 1,141,079 $ 1,141,079 Easements 200,085 200,085 67,915 67,915 268,000 268,000 Construction in progress 5,066,324 3,637,903 2,455,890 3,769,371 7,522,214 7,407,274 Improvements 1,407,225 1,365,946 289,760 289,760 1,696,985 1,655,706 Infrastructure 20,892,974 20,551,930 - - 20,892,974 20,551,930 Buildings 9,593,578 8,735,795 8,797,686 8,797,686 18,391,264 17,533,481 Intangible assets 200,000 200,000 - - 200,000 200,000 Plant and lines - - 24,853,360 24,430,657 24,853,360 24,430,657 Sewer rights - - 10,977,565 9,068,746 10,977,565 9,068,746 Machinery and equipment 4,332,223 3,950,112 1,093,377 867,104 5,425,600 4,817,216 Less: accumulated depreciation (22,566,920) (21,413,104) (14,710,253) (13,598,432) (37,277,173) (35,011,536) Total net capital assets$ 19,888,686 $ 17,991,864 $ 34,203,182 $ 34,070,689 $ 54,091,868 $ 52,062,553 beginning on page 56 of this report. Total depreciation expense for 2020 was $2,383,742. 17 City of St. Joseph CAPITAL ASSETS AND DEBT ADMINISTRATION Long-Term Liabilities -term liabilities includes bonded debt, notes payables, compensated absences and net pension liability. Overall, the long-term liabilities totaled $27,186,028 as of December 31, 2020, an increase of $861,758. The City of St. Joseph issued three debts (seven parts) added to a St. Cloud PFA loan draw and paid six debts in full (two called early). The debt issuance amounts were higher than the amounts paid in full. The bonds and notes liabilities increased $604,202. At the end of the current fiscal year, the City of St. Joseph had total net bonded debt outstanding of $24,983,345. Of this amount, $15,125,301 comprises debt backed by the full faith and credit of the government. represents bonds and notes secured by specified revenue sources (i.e. utility bonds). Other long-term debt includes compensated absences payable and net pension liabilities. Compensated absences decreased $4,388 in 2020. The general increase in wages including step increases and the relatively low turnover rate caused the compensated absences liability to increase. A long time employed account technician and public works director retired in 2020. Although wages increased and accruals increased with low turnover, the reduction of compensated absences from the two retirees resulted in a slight decrease in compensated absences. on of Minnesota (PERA). As per Minnesota Statutes, the City is required to participate in the PERA program. . For 2020, the net pension liability increased $261,944. -term liabilities is included in the table below. 18 City of St. Joseph CAPITAL ASSETS AND DEBT ADMINISTRATION (CONTINUED) Long-Term Liabilities (Continued) The City of St. Joseph issued $220,000 general obligation certificates of indebtedness, series 2020A in March 2020. The certificates paid for general city equipment as part of the five-year capital equipment plan. The equipment certificates reduce spikes in capital equipment levy when more expensive pieces of equipment are replaced or added. In November 2020, the City of St. Joseph issued the 2020B and 2020C bonds. Each bond has different parts. The 2020B bonds issued $625,000 for street overlay improvements, $690,000 to purchase a public works facility, $190,000 refunding of the 2013 street overlay improvements and $1,045,000 refunding of the 2013 Sauk River sewer forcemain improvements. The 2020C bonds are an advanced refunding of 2014 Park Terrace improvements and water tower maintenance. The refunding bonds resulting in interest savings of $220,273. In addition, the City of St. Joseph added to the public facilities authority (PFA) note with the City of St. Cloud for wastewater biosolids treatment improvements in the amount of $51,635. The City of St. Joseph is a part of the St. Cloud Area Wastewater Advisory Commission (SCAWAC). Wastewater treatment is provided by the City of St. Cloud to the six area cities of St. Cloud, St. Joseph, Waite Park, Sauk Rapids, Sartell, and St. Augusta. Each city purchases sewer treatment rights in the wastewater treatment facility. Part of the agreement, the area cities participate in conveyance costs to transport the wastewater to the facility. At the end of 2020, the City of St. Joseph has four notes outstanding with the City of St. Cloud for treatment facility and conveyance projects. 19 City of St. Joseph CAPITAL ASSETS AND DEBT ADMINISTRATION (CONTINUED) Long-Term Liabilities (Continued) The City of St. Joseph maintained their bond rating AA-/Stable from S&P Global. The report stated St. Joseph has maintained a stable history of operational performance, as it maintains a very strong reserve and liquidity position, and which they believe has positioned it well to hold steady during uncertain economic times. Historically, it has consistently maintained reserves at a level above its find balance policy of four-to-six months of expenditures, which they believe provides financial flexibility in times of stress. strong financial management, adequate budget performance, very strong budgetary flexibility and very strong liquidity. The debt and contingent liabilities of the City were rated weak. Minnesota Statutes limit the amount of net general obligation debt a governmental entity may issue to 3% of its taxable market value. Net general obligation debt is debt solely paid for, with limited exceptions, by ad valorem taxes. The current debt limitation for the City of St. Joseph is $14,357,268 which significantly exceeds the outstanding pure general obligation debt of $5,227,000. -term liabilities can be found in Note 6 beginning on page 58 of this report. The past few years have been exciting in the City of St. Joseph after several years of contracting economies from the 2008 Great Recession. After several years of declining market values and slow development, 27.28% the past five years and development has been encouraging. As a result of improved conditions, the City has been able to keep a stable tax rate while maintaining service levels. In 2020, the United States and around the world felt the economic impact of the COVID-19 virus pandemic. The United States, State of Minnesota and the City of St. Joseph declared public health emergencies to respond to the pandemic. Several business sectors were closed or significantly reduced operations to support the COVID-19 response efforts. The US and world markets were affected. The President of the United States signed into law the Community Reinvestment Fund (CRF) COVID-19 in the summer of 2020 to assist communities, businesses and Americans with the impact of the pandemic. The City of St. Joseph received $551,340 in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was included in the CRF funding. The City of St. Joseph used the CARES funds to add necessary equipment to improve public health and safety, and provided grants to small businesses negatively impacted by COVID-19. In addition, Stearns County provided $145,164 of their CARES funds to St. Joseph small businesses. The St. Joseph city council opted to put some projects and purchases on hold to ensure city financial health could weather the economic vulnerabilities of the pandemic. 20 City of St. Joseph (CONTINUED) In the development market the City added eight new single-family homes and an affordable rate multi- family facility for residential living units. New development on the commercial side included 48 remodels and additions. One of the commercial permits, Knife River, added to their freight receiving and unloading terminal in the industrial park. The site is unique and very valuable in Minnesota allowing for freight unloading. Total market value additions in the building department added $14,328,279 in value. In the past three years, new construction as well as remodels/additions and repairs added over $51.5 million in market value for the City of St. Joseph. In addition to new construction, current structures have impacted the net tax capacity. The sale prices have increased along with the assessors estimated market values for existing properties. To stay in compliance with Minnesota Statutes, the sales price ration indicated the need to increase existing market values. This combined with the new buildings; market values increased 9.29% for the 2020 property values; 35.01% when adding in Township parcels annexed in 2019. As stated, single family residential construction included eight new homes built in 2020. Nationally and in Minnesota the housing market is improving. In the City of St. Joseph, two developers recently expanded their developments to provide 34 lots in three subdivisions. In addition, the Country Manor senior development began construction of single family homes in their first phase development. The first phase includes twelve detached patio homes; five are constructed. St. Joseph is fortunate to have a very low foreclosure rate. In fact, homes that become available for sale do not stay on the market for an extended period of time. Other new construction completed in 2019/2020 include the 24 North Lofts on College Ave. The 24 North Lofts project includes 17 residential lofts and commercial space that is occupied by Krewe Restaurant, a New Orleans style restaurant, and Flour and Flower Bakery in a separate building. The completion of two 35-unit market rate apartments occurred in 2020 as well. A 48-unit affordable rate apartment building began construction in 2020 with completion expected in the summer of 2021. The mpleted several remodel and updates to existing dorms and educational facilities. The City of St. Joseph anticipates industrial development in Northland Business Center, a new Industrial Park that was completed in 2020. The City was awarded a $1,245,000 Business Development Public Infrastructure (BDPI) grant from the Minnesota Department of Employment and Economic Development (MN DEED) to assist with costs for public streets and utilities to create shovel ready industrial lots. Construction of the public improvements began in 2019 and includes 26 lots. The majority of lots within the new industrial park are one to two acres in size. There is the ability to combine or subdivide lots to adjust sizes to accommodate development needs. The industrial park project is a City and private partnership. The City secured the grant for the public improvements and the private developer and owner, CLC Partners LLC, will cover all costs exceeding the grant amount. The City Council approved an application with the Central MN Housing Partnership to secure funding through the Minnesota Small Cities Development Program Grant (SCDP) in the amount of $178,624 in 2019. The grant provides funding to eligible property owners to complete major repairs on their homes. Participants must meet income level eligibility requirements to receive a loan that is forgivable incrementally over a seven-year period. The rehabilitation projects are anticipated to be completed in 2021. 21 City of St. Joseph (CONTINUED) Besides developments and rehabilitation projects, the City added to their property market value with the annexation of a large portion of St. Joseph Township. The City of St. Joseph and St. Joseph Township entered into an orderly annexation area (OAA) agreement in 1997. In December 2017 the City notified St. Joseph Township of the intent to exercise their right to annex all the properties included in the OAA agreement. After negotiations with the Township, the City agreed to annex a portion of the properties included in the OAA and retain land use controls over the properties not annexed to the City but included in the OAA. The annexation included approximately 230 properties with a taxable market value of $55.6 million. The annexation of the properties will have varied impacts to the City. The City agreed to create a Rural Tax rate for residential properties and a phased in urban tax rate for all commercial and industrial developed properties annexed into the City. The phased urban tax rate will occur in equal increments over six years. The annexation was approved and finalized by the State of Minnesota in January 2019 with 2020 being the first taxing year for the City of St. Joseph. The City of St. Joseph submitted two bonding requests for State Legislative consideration in 2020. The projects include the Jacob Wetterling Recreation Center ($4 million), and development of the East Park canoe and picnic area ($300,000). The State of Minnesota included funding the $4M request for the Jacob Wetterling Recreation Center in their fall 2020 bonding bill. The City will begin a fundraising campaign and design phase in 2021. The CR 2 Trail phase II/III was substantially completed in 2020. The project was awarded federal transportation funds to assist with construction costs. The City of St. Joseph received $650,954 for the project. Other projects that began in 2020 and will be completed in 2021 include the Minnesota th Streetscape improvements, extension of the 20 Ave SE water main and feasibility planning for the 2021 street improvement projects. In September 2020, the city council approved a request for proposal (RFP) to sell the former Colts Academy building. A purchase agreement was entered into with Moxie Investments, LLC to sell the facility for $600,000 as is with the sale completed in April 2021. With the sale of the building, the City of St. Joseph approved the defeasance of the outstanding balance of the 2015B G.O. abatement bonds. The 2015B bonds are callable 12/1/2022. Funds will be held in escrow to pay the bonds in full on the call date. 22 City of St. Joseph (CONTINUED) In 2018, the City of Foley began negotiating with the City of St. Cloud and area cities to connect to the St. Cloud wastewater treatment facility. The sewer use agreement includes the contracted area cities of St. Joseph, St. Cloud, St. Augusta, Waite Park, Sartell and Sauk Rapids. The current sewer use agreement includes Exhibit C identifying reserve treatment capacity called pooled capacity. The pooled capacity was reserved for the contracted cities to sell capacity to each other as they approach their capacity agreed to in the sewer use agreement before the next treatment plant expansion is completed. The pooled capacity agreement is currently under review in each contracted city to allow new users into the system. A new user, in this case the City of Foley, will reimburse the cities selling their pooled capacity and take over future debt payments for their new portion of the treatment facility. The amended pooled capacity agreement also depicts the formula to determine the cost of becoming a new user. In April 2021 the City of St. Joseph approved selling their pooled capacity to the City of Foley. Under the new amendment, St. Joseph will receive an upfront reimbursement of $1,125,455 and realize future debt savings of $1,097,000. The City of St. Joseph will receive the reimbursements once the City of Foley ties into the wastewater system in late 2021 or early 2022. The City of St. Joseph plans to use the reimbursements for future sewer improvements. With a busy year completed, 2021 is expected to be eventful as well. REQUESTS FOR INFORMATION finances for all those . Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to the Finance Director, 75 Callaway Street East, St. Joseph, MN 56374. 23 (THIS PAGE LEFT BLANK INTENTIONALLY) 24 BASIC FINANCIAL STATEMENTS 25 City of St. Joseph Statement of Net Position December 31, 2020 Governmental Business-Type ActivitiesActivitiesTotal Assets Cash and investments (including cash equivalents)$ 8,099,877$ 2,715,615$ 10,815,492 Cash with fiscal agent 1,329,216 430,453 1,759,669 Property tax receivable 39,356 273 39,629 Accounts receivable 34,058 490,800 524,858 Interest receivable 16,364 5,254 21,618 Due from other governments 173,087 2 173,089 Notes receivable 312,645 - 312,645 Special assessments receivable Delinquent 2,308 - 2,308 Deferred 4,038,751 27,289 4,066,040 Prepaid items 4,490 - 4,490 312,965 Net pension asset 312,965 - Capital assets Land 763,197 377,882 1,141,079 Easements 200,085 67,915 268,000 Construction in progress 5,066,324 2,455,890 7,522,214 Buildings 9,593,578 8,797,686 18,391,264 Infrastructure 20,892,974 - 20,892,974 Improvements 1,407,225 289,760 1,696,985 Intangible asset 200,000 - 200,000 Plant and lines - 24,853,360 24,853,360 Machinery and equipment 4,332,223 1,093,377 5,425,600 Sewer rights 10,977,565 10,977,565 - Less accumulated depreciation (22,566,920) (14,710,253) (37,277,173) Capital assets (net of accumulated depreciation) 19,888,686 34,203,182 54,091,868 34,251,803 37,872,868 72,124,671 Total assets Deferred Outflows of Resources Deferred outflows of resources related to pensions 536,263 31,986 568,249 $ 34,788,066$ 37,904,854$ 72,692,920 Total assets and deferred outflows of resources Liabilities Accounts payable$ 117,901$ 56,952$ 174,853 Contracts payable 222,293 - 222,293 Due to other governments 22,777 127,212 149,989 90,899 6,096 96,995 Salaries and benefits payable 26,300 41,458 67,758 Interest payable 4,245 6,708 10,953 Unearned revenue Bond principal payable (net) Payable within one year 2,508,000 1,135,000 3,643,000 Payable after one year 12,617,301 3,910,163 16,527,464 Notes payable (net) Payable within one year - 406,256 406,256 Payable after one year - 4,406,625 4,406,625 Compensated absences payable Payable within one year 105,741 13,796 119,537 Payable after one year 393,621 93,630 487,251 1,344,287 251,608 1,595,895 Net pension liability Total liabilities 17,453,365 10,455,504 27,908,869 Deferred Inflows of Resources Deferred inflows of resources related to pensions 660,433 15,669 676,102 Net Position 9,903,925 24,790,138 31,660,218 Net investment in capital assets Restricted for 5,045,333 - 5,045,333 Debt service 1,658,479 - 1,658,479 Other purposes Unrestricted 66,531 2,643,543 5,743,919 Total net position 16,674,268 27,433,681 44,107,949 Total liabilities, deferred inflows of resources, and net position$ 34,788,066$ 37,904,854$ 72,692,920 See notes to financial statements.26 - 27 4,1679,7734,9144,010 16,39855,373 482,937416,122214,152160,979505,818132,991301,370 (246,680)(389,296)(395,731) 2,057,7131,133,7762,929,3941,148,6115,243,4605,253,233 Total (1,031,749) (1,118,260) (1,124,003) 38,854,71644,107,949 $ $ -------------- 143 4,167 16,39872,138 482,937416,122214,152526,188598,469 1,133,7761,133,7761,732,245 25,701,43627,433,681 Activities Business-Type $ $ Net (Expense) Revenue ------ and Changes in Net Position 4,9144,010 55,373 160,979 505,818 132,991 229,232 (246,680)(389,296)(395,731)(526,188) 2,057,713 2,929,251 1,148,611 4,644,991 3,520,988 (1,031,749)(1,118,260)(1,124,003)(1,124,003) 13,153,28016,674,268 Activities Governmental $ $ ---- 78,38492,44672,489 241,153128,739257,866422,801 and 3,412,5783,860,8544,283,655 Contributions Capital Grants $ $ - 172638252136 6,4384,0791,1403,6179,224 179,330220,656407,234416,458 Operating Grants and Contributions $ $ Program Revenues - 26,19853,88086,23982,418 108,489481,416756,222316,032147,231 1,376,4401,484,4523,406,5734,162,795 Services Charges for City of St. Joseph $ $ Statement of Activities Year Ended December 31, 2020 Total general revenues and transfers 66,156 521,216604,912395,731990,028315,482191,197 1,225,0602,020,1591,381,2356,148,3131,141,9592,704,8228,853,135Property taxesTax incrementsSales taxesLodging taxesMiscellaneous taxesFranchise feesState aidsUnrestricted investment earningsGain on sale of assets Expenses $ $ General revenuesTransfersChange in net positionNet position - beginningNet position - ending Total governmental activitiesTotal business-type activitiesTotal governmental and business-type activities General governmentPublic safetyPublic worksEconomic developmentCulture and recreationInterest on long-term debtWaterSanitary sewerRefuseStorm waterStreet light utility Functions/ProgramsGovernmental activitiesBusiness-type activitiesSee notes to financial statements. City of St. Joseph Balance Sheet - Governmental Funds December 31, 2020 Debt Service General Fund G.O. Industrial Other Total (101, 102, 103, Park Bonds of Governmental Governmental 104, 105, 108)2019A (308)FundsFunds Assets Cash and investments$ 2,879,747$ 88$ 5,748,187$ 8,628,022 Cash with fiscal agent - - 1,329,216 1,329,216 Taxes receivable - delinquent 26,973 - 12,383 39,356 Special assessments receivable Delinquent - - 2,308 2,308 Deferred 6,820 2,320,373 1,711,558 4,038,751 Accounts receivable 29,260 - 4,798 34,058 Interest receivable 5,979 1,492 8,893 16,364 Due from other funds 33,000 - 12,500 45,500 Due from other governments 43,178 - 129,909 173,087 Notes receivable - - 312,645 312,645 Prepaid items 4,490 - - 4,490 Total assets$ 3,029,447$ 2,321,953$ 9,272,397$ 14,623,797 Liabilities Accounts payable$ 66,506$ 79$ 51,316$ 117,901 Contracts payable - - 222,293 222,293 Due to other funds - - 45,500 45,500 Due to other governments 20,625 - 2,152 22,777 Salaries and benefits payable 90,323 - 576 90,899 Unearned revenue 4,245 - - 4,245 Total liabilities 181,699 79 321,837 503,615 Deferred Inflows of Resources Unavailable revenue - property taxes 26,973 - 12,383 39,356 Unavailable revenue - special assessments 6,820 2,320,373 1,713,866 4,041,059 Unavailable revenue - notes receivable - - 311,201 311,201 33,793 2,320,373 2,037,450 4,391,616 Total deferred inflows of resources Fund Balances Nonspendable 4,490 - - 4,490 Restricted - 1,501 4,008,240 4,009,741 Committed - - 314,052 314,052 Assigned 1,102,399 - 2,649,235 3,751,634 Unassigned 1,707,066 - (58,417) 1,648,649 Total fund balances 2,813,955 1,501 6,913,110 9,728,566 Total liabilities, deferred inflows of resources, and fund balances$ 3,029,447$ 2,321,953$ 9,272,397$ 14,623,797 See notes to financial statements. 28 City of St. Joseph Reconciliation of the Balance Sheet to The Statement of Net Position - Governmental Funds Year Ended December 31, 2020 Total fund balances - governmental funds$ 9,728,566 Amounts reported for governmental activities in the Statement of Net Position are different because: Capital assets used in governmental activities are not current financial resources and, therefore, are not reported as assets in governmental funds. Cost of capital assets 42,455,606 Less accumulated depreciation (22,566,920) Long-term liabilities, including bonds payable, are not due and payable in the current period and, therefore, are not reported as liabilities in the funds. Long-term liabilities at year-end consist of (15,125,301) Bond principal payable, net of premiums and discounts (499,362) Compensated absences payable Net pension liability (1,344,287) Delinquent receivables will be collected in subsequent years, but are not available soon enough to pay for the current period's expenditures and, therefore, are deferred in the funds. 39,356 Property taxes 2,308 Special assessments Other long-term assets are not available to pay for current expenditures and, therefore, are deferred in the funds. 4,038,751 Deferred special assessments 311,201 Notes receivable Deferred outflows of resources and deferred inflows of resources are created as a result of various differences related to pensions that are not recognized in the governmental funds. Deferred inflows of resources related to pensions (660,433) Deferred outflows of resources related to pensions 536,263 Net pension assets created through non-employer contributions to defined benefit pension plans are not recognized in the governmental funds. Fire relief net pension asset 312,965 The water access capital project fund is proprietary in nature and, therefore, included in the (499,391) business-type activities in the Statement of Net Position. The sewer access capital project fund is proprietary in nature and, therefore, included in the (28,754) business-type activities in the Statement of Net Position. (26,300) Governmental funds do not report a liability for accrued interest due and payable. Total net position - governmental activities$ 16,674,268 See notes to financial statements. 29 City of St. Joseph Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds Year Ended December 31, 2020 Debt Service General Fund G.O. Industrial Other Total (101, 102, 103, Park Bonds of Governmental Governmental 104, 105, 108)2019A (308)FundsFunds Revenues Property taxes $ 1,931,867$ - $ 997,968$ 2,929,835 Tax increments - - 160,979 160,979 Sales taxes 4 - 505,814 505,818 Lodging taxes - 4,914 4,914 Miscellaneous taxes 4,010 - - 4,010 Special assessments 3,389 94,627 333,787 431,803 Franchise fees 132,991 - - 132,991 Licenses and permits 178,139 - - 178,139 Intergovernmental 2,102,263 - 169,529 2,271,792 Charges for services 430,989 - 409,280 840,269 Fines and forfeitures 43,317 - - 43,317 Miscellaneous Investment income 81,153 20,484 134,596 236,233 Contributions and donations 2,304 - 62,466 64,770 Revolving loan repayments - - 9,258 9,258 Other 34,809 - 53,236 88,045 Total revenues 4,945,235 115,111 2,841,827 7,902,173 Expenditures Current General government 1,020,077 - - 1,020,077 Public safety 1,741,056 - - 1,741,056 Public works 457,226 - 16,321 473,547 Culture and recreation 429,568 - 4,609 434,177 Economic development 201,414 - 326,169 527,583 Debt service Principal - 220,000 1,634,000 1,854,000 Interest and other charges - 131,197 433,133 564,330 Capital outlay General government 72,014 - 35,551 107,565 Public safety 242,365 - 48,955 291,320 Public works 277,198 - 2,859,471 3,136,669 Culture and recreation 32,695 - 80,411 113,106 Economic development - - 670 670 Total expenditures 4,473,613 351,197 5,439,290 10,264,100 Excess of revenues over (under) expenditures 471,622 (236,086) (2,597,463) (2,361,927) Other Financing Sources (Uses) Sale of property - - 55,373 55,373 Bonds issued - - 1,535,000 1,535,000 Refunding bonds issued - - 1,555,000 1,555,000 Bond premium - - 78,073 78,073 Transfers in 61,161 221,970 674,942 958,073 Transfers out (297,256) - (947,765) (1,245,021) Total other financing sources (uses) (236,095) 221,970 2,950,623 2,936,498 Net change in fund balances 235,527 (14,116) 353,160 574,571 Fund Balances Beginning of year 2,578,428 15,617 6,559,950 9,153,995 End of year $ 2,813,955$ 1,501$ 6,913,110$ 9,728,566 See notes to financial statements. 30 City of St. Joseph Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances to the Statement of Activities - Governmental Funds Year Ended December 31, 2020 Total net change in fund balances - governmental funds$ 574,571 Amounts reported for governmental activities in the Statement of Activities are different because: Capital outlays are reported in governmental funds as expenditures. However, in the Statement of Activities, the cost of those assets is allocated over the estimated useful lives as depreciation expense. 3,396,458 Capital outlays 350,328 Capital contributions (1,268,505) Depreciation expense (2,219) Disposal of capital assets (579,240) Transferred to proprietary funds Principal payments on long-term debt are recognized as expenditures in the governmental funds 1,854,000 but as an increase in net position in the Statement of Activities. Some expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported as expenditures in governmental funds. 44,282 Accrued interest payable 124,317 Amortization of bond discounts, premiums and issuance charges Proceeds from long-term debt are recognized as an other financing source in the governmental (3,090,000) funds but as a decrease in net position in the Statement of Activities. The governmental funds report the effect of premiums, discounts and similar items when debt (78,073) is first issued, whereas these amounts are deferred and amortized in the Statement of Activities. Compensated absence payments are recognized as paid in the governmental funds but recognized (49,774) as the expense is incurred in the Statement of Activities. Delinquent receivables will be collected in subsequent years, but are not available soon enough to pay for the current period's expenditures and, therefore, are not revenues in the funds. (2,826) Delinquent special assessments (584) Delinquent property taxes Certain revenues in the Statement of Activities that do not provide current financial resources are not reported as revenues in the funds. 2,238,331 Deferred special assessments (1,137) Notes receivable Governmental funds recognized pension contributions as expenditures at the time of payment whereas the Statement of Activities factors in items related to pensions on a full accrual perspective. 29,187 Pension expense The water access capital project fund is proprietary in nature and, therefore, is reported with (18,078) business-type activities. The sewer access capital project fund is proprietary in nature and, therefore, is reported with (50) business-type activities. Change in net position - governmental activities$ 3,520,988 See notes to financial statements.31 (THIS PAGE LEFT BLANK INTENTIONALLY) 32 City of St. Joseph Statement of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual - General Fund Year Ended December 31, 2020 Variance with Original and Actual Final Budget - Final BudgetAmounts Over (Under) Revenues Property taxes$ 1,924,845$ 1,931,867$ 7,022 Sales taxes - 4 4 Miscellaneous taxes 8,000 4,010 (3,990) Special assessments 4,000 3,389 (611) Franchise fees 138,820 132,991 (5,829) Licenses and permits 181,510 178,139 (3,371) Intergovernmental 1,345,595 2,102,263 756,668 Charges for services 430,065 430,989 924 Fines and forfeitures 67,000 43,317 (23,683) Miscellaneous revenues Investment income 53,000 81,153 28,153 Contributions and donations 3,900 2,304 (1,596) Other 41,550 34,809 (6,741) Total revenues 4,198,285 4,945,235 746,950 Expenditures Current General government 1,042,800 1,020,077 (22,723) Public safety 1,824,895 1,741,056 (83,839) Public works 491,760 457,226 (34,534) Culture and recreation 479,790 429,568 (50,222) Economic development - 201,414 201,414 Capital outlay General government 6,000 72,014 66,014 Public safety 80,550 242,365 161,815 Public works 139,400 277,198 137,798 Culture and recreation - 32,695 32,695 Total expenditures 4,065,195 4,473,613 408,418 Excess of revenues over expenditures 133,090 471,622 338,532 Other Financing Sources (Uses) Insurance recoveries 2,000 - (2,000) Sale of property 200 - (200) Transfers in 56,640 61,161 4,521 Transfers out - (297,256) (297,256) Total other financing sources (uses) 58,840 (236,095) (294,935) Net change in fund balances$ 191,930 235,527$ 43,597 Fund Balances Beginning of year2,578,428 End of year$ 2,813,955 See notes to the financial statements.33 City of St. Joseph Statement of Net Position - Proprietary Funds December 31, 2020 Sanitary Sewer Water (601)(602)Refuse (603) Assets Current assets Cash and investments$ 1,064,128$ 627,758$ 228,669 Cash with fiscal agent 430,453 - - Taxes receivable - delinquent 273 - - Special assessments receivable Deferred 25,501 883 589 Accounts receivable 154,813 242,752 53,051 Interest receivable 3,165 997 444 Due from other governments 2 - - Total current assets 1,678,335 872,390 282,753 Noncurrent assets Capital assets Land 372,941 4,941 - Easements - - - Construction in progress 1,014,106 598,035 - Buildings 7,502,432 1,295,254 - Improvements 289,760 - - Plants and lines 10,425,242 8,800,193 - Machinery and equipment 252,577 621,121 46,416 Sewer rights - 10,977,565 - Total capital assets 19,857,058 22,297,109 46,416 Less accumulated depreciation (6,512,447) (6,382,757) (45,957) Net capital assets 13,344,611 15,914,352 459 Total noncurrent assets 13,344,611 15,914,352 459 Total assets 15,022,946 16,786,742 283,212 Deferred Outflows of Resources Deferred outflows of resources related to pensions 15,100 12,211 1,247 $ 15,038,046$ 16,798,953$ 284,459 Total assets and deferred outflows of resources Liabilities Current liabilities Accounts payable$ 16,024$ 13,892$ 22,531 Due to other governments 3,594 121,264 2,354 Salaries and benefits payable 2,720 2,459 235 Interest payable 7,818 33,640 - Unearned revenue 6,708 - - Long-term liabilities due Within one year 1,021,790 533,046 67 Total current liabilities 1,058,654 704,301 25,187 Noncurrent liabilities Compensated absences 53,290 53,290 298 Notes payable, net - 4,812,881 - Bonds payable, net 3,938,493 1,106,670 - Net pension liability 118,783 96,056 9,807 Less amounts due within one year (1,021,790) (533,046) (67) Total noncurrent liabilities 3,088,776 5,535,851 10,038 Total liabilities 4,147,430 6,240,152 35,225 Deferred Inflows of Resources Deferred inflows of resources related to pensions 7,397 5,982 611 Net Position Net investment in capital assets 9,851,118 9,994,801 459 Unrestricted 1,032,101 558,018 248,164 Total net position 10,883,219 10,552,819 248,623 Total liabilities, deferred inflows of resources, and net position$ 15,038,046$ 16,798,953$ 284,459 34 Storm Water Street Light (651)Utility (652)Total $ 197,420$ 69,495$ 2,187,470 - - 430,453 - - 273 190 126 27,289 25,646 14,538 490,800 516 132 5,254 - - 2 223,772 84,291 3,141,541 - - 377,882 67,915 - 67,915 843,749 - 2,455,890 - - 8,797,686 - - 289,760 5,627,925 - 24,853,360 173,263 - 1,093,377 - - 10,977,565 6,712,852 - 48,913,435 (1,769,092) - (14,710,253) 4,943,760 - 34,203,182 4,943,760 - 34,203,182 5,167,532 84,291 37,344,723 2,929 499 31,986 $ 5,170,461$ 84,790$ 37,376,709 $ 224$ 4,281$ 56,952 - - 127,212 364 318 6,096 - - 41,458 - - 6,708 122 27 1,555,052 710 4,626 1,793,478 429 119 107,426 - - 4,812,881 - - 5,045,163 23,039 3,923 251,608 (122) (27) (1,555,052) 23,346 4,015 8,662,026 24,056 8,641 10,455,504 1,435 244 15,669 4,943,760 - 24,790,138 201,210 75,905 2,115,398 5,144,970 75,905 26,905,536 $ 5,170,461$ 84,790$ 37,376,709 35 (THIS PAGE LEFT BLANK INTENTIONALLY) 36 City of St. Joseph Reconciliation of the Statement of Net Position - Business-Type Activities December 31, 2020 Total net position - proprietary funds$ 26,905,536 Amounts reported for business-type activities in the Statement of Net Position are different because: The water access capital project fund is proprietary in nature and relates to water improvements for the applicable funds. Therefore, it is included as a business-type activity. 499,391 The sewer access capital project fund is proprietary in nature and relates to sewer improvements for the applicable funds. Therefore, it is included as a business-type activity. 28,754 Total net position - business-type activities $ 27,433,681 See notes to financial statements. 37 City of St. Joseph Statement of Revenues, Expenses, and Changes in Net Position - Proprietary Funds Year Ended December 31, 2020 Sanitary Sewer Storm Water Water (601)(602)Refuse (603)(651) Operating revenues Charges for services$ 1,126,425$ 1,345,104$ 314,623$ 147,231 Operating expenses Wages and salaries 192,104 138,124 18,698 30,626 Materials and supplies 44,944 19,793 2,924 369 Repairs and maintenance 77,635 28,914 3,135 14,455 Professional services 32,416 14,875 2,474 4,473 Insurance 13,452 10,500 - - Utilities 71,809 18,025 - 848 Depreciation 441,855 534,644 115 138,623 Contracted services - 229,024 286,975 - Miscellaneous 10,861 1,607 1,161 1,803 Total operating expenses 885,076 995,506 315,482 191,197 Operating income (loss) 241,349 349,598 (859) (43,966) Nonoperating revenues (expenses) Investment income 28,881 12,141 6,100 7,080 Special assessments 859 883 589 190 Property taxes 143 - - - Operating grants and contributions 3,000 - - - Interest expense (110,099) (148,121) - - Amortization of bond premium 5,147 1,668 - - Other income 46,833 1,105 4,437 62 Total nonoperating revenues (expenses) (25,236) (132,324) 11,126 7,332 Income (loss) before capital contributions and transfers 216,113 217,274 10,267 (36,634) Capital contributions 320,088 355,610 - 326,245 Transfers in 222,750 154,717 8,925 11,376 Transfers out (25,295) (44,245) (10,425) (27,595) Change in net position 733,656 683,356 8,767 273,392 Net position Beginning of year 10,149,563 9,869,463 239,856 4,871,578 End of year$ 10,883,219$ 10,552,819$ 248,623$ 5,144,970 See notes to financial statements. 38 Street Light Utility (652)Total $ 82,418$ 3,015,801 5,566 385,118 - 68,030 14,618 138,757 326 54,564 - 23,952 45,515 136,197 - 1,115,237 - 515,999 131 15,563 66,156 2,453,417 16,262 562,384 1,808 56,010 126 2,647 - 143 - 3,000 - (258,220) - 6,815 10 52,447 1,944 (137,158) 18,206 425,226 - 1,001,943 3,340 401,108 (6,600) (114,160) 14,946 1,714,117 60,959 25,191,419 $ 75,905$ 26,905,536 39 (THIS PAGE LEFT BLANK INTENTIONALLY) 40 City of St. Joseph Reconciliation of the Statement of Revenues, Expenses, and Changes in Net Position - Business-Type Activities Year Ended December 31, 2020 Total net change in fund net position - proprietary funds$ 1,714,117 Amounts reported for business-type activities in the Statement of Activities are different because: Recognized current year activity from the water access capital project fund with the business-type activities. 18,078 Recognized current year activity from the sewer access capital project fund with the business-type activities. 50 Capital contributions from governmental activities (579,240) Transfers in of capital assets from governmental activities 579,240 Change in net position - business-type activities $ 1,732,245 See notes to financial statements.41 City of St. Joseph Statement of Cash Flows - Proprietary Funds Year Ended December 31, 2020 Sanitary Sewer Water (601)(602)Refuse (603) Cash Flows - Operating Activities Receipts from customers and users$ 1,121,072$ 1,340,061$ 309,505 Payments to suppliers (241,827) (275,430) (294,810) Payments to employees (216,318) (159,432) (30,795) Other miscellaneous receipts 50,119 1,105 4,437 Net cash flows - operating activities 713,046 906,304 (11,663) Cash Flows - Noncapital Financing Activities Transfer from other funds 222,750 154,717 8,925 Transfer to other funds (25,295) (44,245) (10,425) Net cash flows - noncapital financing Activities 197,455 110,472 (1,500) Cash Flows - Capital and Related Financing Activities Principal paid on debt (581,000) (1,595,902) - Interest paid on debt (110,286) (97,181) - Bond proceeds 14,547 1,045,000 - Acquisition of capital assets (19,226) (2,406) (574) Net cash flows - capital and related Financing activities (695,965) (650,489) (574) Cash Flows - Investing Activities Interest and dividends received 28,484 13,887 6,510 Net change in cash and cash equivalents 243,020 380,174 (7,227) Cash and Cash Equivalents Beginning of year 821,108 247,584 235,896 End of year$ 1,064,128$ 627,758$ 228,669 Reconciliation of Operating Income (Loss) to Net Cash Flows - Operating Activities Operating income (loss)$ 241,349$ 349,598$ (859) Adjustments to reconcile operating income (loss) to net cash flows - operating activities Depreciation expense 441,855 534,644 115 Pension expense (12,729) (10,584) (3,266) Other miscellaneous receipts 50,119 1,105 4,437 Accounts receivable (12,259) (5,043) (5,118) Due from other governments 198 - - Accounts payable 7,925 (3,470) 1,373 Due to other governmental units 1,365 50,778 486 Salaries payable (978) (217) (178) Compensated absences payable (10,507) (10,507) (8,653) Unearned revenue 6,708 - - Total adjustments 471,697 556,706 (10,804) Net cash flows - operating activities$ 713,046$ 906,304$ (11,663) Non-Cash Capital and Financing Activities Capital asset contributions from governmental funds$ 227,740$ 283,121$ - Capital asset contributions from other governments 92,348 72,489 - Bond issued through other governments - 51,635 - Bond proceeds to escrow 430,453 - - 42 See notes to financial statements. Storm Water Street Light (651)Utility (652)Total $ 136,079$ 81,214$ 2,987,931 (21,887) (60,546) (894,500) (54,490) (10,154) (471,189) 62 10 55,733 59,764 10,524 1,677,975 11,376 3,340 401,108 (27,595) (6,600) (114,160) (16,219) (3,260) 286,948 - - (2,176,902) - - (207,467) - - 1,059,547 (171,946) - (194,152) (171,946) - (1,518,974) 7,582 1,842 58,305 (120,819) 9,106 504,254 318,239 60,389 1,683,216 $ 197,420$ 69,495$ 2,187,470 $ (43,966) $ 16,262$ 562,384 138,623 - 1,115,237 (2,673) (1,307) (30,559) 62 10 55,733 (11,152) (1,204) (34,776) - - 198 61 44 5,933 - - 52,629 (157) 180 (1,350) (21,034) (3,461) (54,162) - - 6,708 103,730 (5,738) 1,115,591 $ 59,764$ 10,524$ 1,677,975 $ 68,379$ -$ 579,240 257,866 - 422,703 - - 51,635 - - 430,453 43 (THIS PAGE LEFT BLANK INTENTIONALLY) 44 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Reporting Entity The City of St. Joseph (the "City") is a statutory city governed by an elected mayor and four council members. The accompanying financial statements present the government entities for which the government is financially accountable. The financial statements present the City and its component units. The City includes all funds, account groups, organizations, institutions, agencies, departments, and offices that are not legally separate from such. Component units are legally separate organizations for which the elected officials of the City are financially accountable and are included within the basic financial statements of the City because of the significance of their operational or financial relationships with the City. The City is considered financially accountable for a component unit if it appoints a voting majority of the organization's governing body and it is able to impose its will on the organization by significantly influencing the programs, projects, activities, or level of services performed or provided by the organization, or there is a potential for the organization to provide specific financial benefits to or impose specific financial burdens on, the City. As a result of applying the component unit definition criteria above, certain organizations have been defined and are presented in this report as follows: Blended Component Unit Reported as if they were part of the City. Joint Ventures The relationship of the City with the entity is disclosed. For the categories above, the specific entities are identified as follows: 1. Blended Component Unit The St. Joseph Economic Development Authority (EDA) was organized for the purpose of preserving and creating jobs, enhancing the tax base, and promoting the general welfare of the people of the City. The St. Joseph EDA is governed by a five member board appointed by the City Council, two members of which are City Council Members. The St. Joseph EDA is included as a blended component unit of the City because the St. Joseph EDA is financially accountable to the City, as the City Council approves the budget. The St. Joseph EDA provides services almost entirely for the City. The St. Joseph EDA is presented as the Economic Development Authority Special Revenue Fund. Separate financial statements are not prepared for the St. Joseph EDA. 2. Joint Ventures The Central Minnesota Major Crime Investigation Unit is a group of local law enforcement officers within the four county surrounding areas that will be available to assist any of the participating entities in the investigation and solution of major crimes. During 2020, the City contributed $10,546 to the organization. It is reported as a special revenue fund of the City of Sartell. Complete financial statements can be obtained from: City of Sartell, 125 Pine Cone Road North, Sartell, Minnesota 56377. 45 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) A. Reporting Entity (Continued) 2. Joint Ventures (Continued) The City of St. Cloud Human Rights Office is a joint venture between the cities of St. Cloud, St. Joseph, Sauk Rapids, and Sartell, which works to enhance the lives of the citizens of the communities. During 2020, the City contributed $0 to the organization. It is reported as an agency fund of the City of St. Cloud. Complete financial statements can be obtained from: City of nd St. Cloud, 400 2 Street South, St. Cloud, Minnesota 56301. B. Government-Wide and Fund Financial Statements The government-wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all of the activities of the City. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business- type activities, which rely to a significant extent on fees and charges for support. The Statement of Activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Interest on general long-term debt is considered an indirect expense and is reported separately in the Statement of Activities. Program revenues include 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Taxes and other items not properly included among program revenues are reported instead as general revenues. Internally dedicated revenues are reported as general revenues rather than program revenues. Separate financial statements are provided for governmental funds and proprietary funds. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements. C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary fund financial statements. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the City considers revenues to be available if they are collected within 60 days of the end of the current period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due. 46 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation (Continued) Property taxes, franchise taxes, licenses, and interest associated with the current period are all considered to be susceptible to accrual and so have been recognized as revenues of the current period. Only the portion of special assessments receivable due within the current period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the City. Description of Funds: Major Governmental Funds: General Fund This fund is the City's primary operating fund. It accounts for all financial resources of the general City, except those required to be accounted for in another fund. G.O. Industrial Park Bonds of 2019A This fund accounts for the payments made on principal and interest on bonds issued to finance the 2019 Industrial Park Project. Proprietary Funds: Water Fund This fund accounts for the operations of the City's water utility. Sanitary Sewer Fund This fund accounts for the operations of the City's sanitary sewer utility. Refuse Fund This fund accounts for the operations of the City's refuse and compost utility. Storm Water Fund This fund accounts for the operations of the City's storm water utility. Street Light Utility Fund This fund accounts for the operations of the City's street light utility. As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to this general rule are charges between the City's water, sanitary sewer, refuse, storm water, and street light utility functions and various other functions of the City. Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund's principal ongoing operations. The principal operating revenues of the Water, Sanitary Sewer, Refuse, Storm Water, and Street Light Utility Enterprise Funds are charges to customers for sales and services. Operating expenses for enterprise funds include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. 47 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) C. Measurement Focus, Basis of Accounting, and Financial Statement Presentation (Continued) When both restricted and unrestricted resources are available for use, it is the City's policy to use restricted resources first, then unrestricted resources as they are needed. D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity 1. Deposits and Investments Cash and investments include balances from all funds that are combined and invested to the extent available in various securities as authorized by state law. Earnings from the pooled investments are allocated to the individual funds based on the average of month-end cash and investment balances. The City's cash and cash equivalents are considered to be cash on hand, demand deposits, and short- term investments with original maturities of three months or less from the date of acquisition. Minnesota Statutes authorizes the City to invest in obligations of the U.S. Treasury, agencies, and instrumentalities, shares of investment companies whose only investments are in the aforementioned securities, obligations of the State of Minnesota or its municipalities, bankers' acceptances, future contracts, repurchase and reverse repurchase agreements, and commercial paper of the highest quality with a maturity of no longer than 270 days and in the Minnesota Municipal Investment Pool. Certain investments for the City are reported at fair value as disclosed in Note 3. The City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. In accordance with GASB Statement No. 79, the Minnesota Municipal Investment Pool securities are valued at amortized cost, which approximates fair value. There are no restrictions or limitations on withdrawals from the 4M Liquid Asset Fund. Investments in the 4M Plus must be deposited for a minimum of 14 calendar days. Withdrawals prior to the 14-day restriction period will be subject to a penalty equal to seven days interest on the amount withdrawn. 2. Receivables and Payables All trade and property tax receivables are shown at a gross amount since both are assessable to the property taxes and are collectible upon the sale of the property. 48 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity (Continued) 2. Receivables and Payables (Continued) The City levies its property tax for the subsequent year during the month of December. December 28 is the last day the City can certify a tax levy to the County Auditor for collection the following year. Such taxes become a lien on January 1 and are recorded as receivables by the City at that date. The property tax is recorded as revenue when it becomes measurable and available. Stearns County is the collecting agency for the levy and remits the collections to the City four times a year. The tax levy notice is mailed in March with the first half of the payment due on May 15 and the second half due on October 15. Taxes not collected as of December 31 each year are shown as delinquent taxes receivable. The County Auditor prepares the tax list for all taxable property in the City, applying the applicable tax rate to the tax capacity of individual properties, to arrive at the actual tax for each property. The County Auditor also collects all special assessments, except for certain prepayments paid directly to the City. The County Auditor submits the list of taxes and special assessments to be collected on each parcel of property to the County Treasurer in January of each year. 3. Prepaid Items Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements. Prepaid items are reported using the consumption method and recorded as expenditures at the time of consumption. 4. Capital Assets Capital assets, which include property, plant, equipment, and infrastructure assets (e.g., roads, sidewalks, and similar items), are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital assets are defined by the City as assets with an initial, individual cost of more than $1,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets' lives are not capitalized. 49 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity (Continued) 4. Capital Assets (Continued) Property, plant, and equipment of the City are depreciated using the straight-line full year convention method over the following estimated useful lives: 5. Deferred Outflows/ Inflows of Resources In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element represents a consumption of net position that applies to future periods and so will not be recognized as an outflow of resources (expense/expenditure) until that time. The City presents deferred outflows of resources on the Statements of Net Position for deferred outflows of resources related to pensions for various estimate differences that will be amortized and recognized over future years. In addition to liabilities, the statement of financial position and fund financial statements will sometimes report a separate section for deferred inflows of resources. This separate financial statement element represents an acquisition of net position that applies to future periods and so will not be recognized as an inflow of resources (revenue) until that time. The City has two items that qualify for reporting in this category. The City presents deferred inflows of resources on the Governmental Fund Balance Sheet as unavailable revenue. The governmental funds report unavailable revenues from three sources: property taxes, special assessments, and notes receivable. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. The City presents deferred inflows of resources on the Statements of Net Position for deferred inflows of resources related to pensions for various estimate differences that will be amortized and recognized over future years. 50 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity (Continued) 6. Compensated Absences The City compensates employees who leave City service in good standing for all earned, unused vacation. Employees can accrue up to 200 hours of vacation depending on years of service. The maximum amount of carryover from year-to-year is 100 hours or the amount of the current vacation accrual rate. In addition, employees are compensated for unused sick leave (up to a maximum of 720 hours or 960 hours for LELS and AFSCME employees) at various rates depending on the employee type and years of service, provided the City's notice of termination policy has been complied with. 7. Long-Term Obligations In the government-wide financial statements and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities or proprietary fund type Statement of Net Position. Bond premiums and discounts are deferred and amortized over the life of the bonds using the effective interest method. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. 8. Pensions For purposes of measuring the net pension liability, deferred outflows/inflows of resources, and pension expense, information about the fiduciary net position of the Public Employees Retirement Association (PERA) and the relief association and additions to/deductions from PERA's and the relief association's fiduciary net position have been determined on the same basis as they are reported by PERA and the relief association except that PERA's fiscal year end is June 30. For this purpose, plan contributions are recognized as of employer payroll paid dates and benefit payments and refunds are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. 9. Fund Equity a) Classification In the fund financial statements, governmental funds report fund classifications that comprise a Hierarchy based primarily on the extent to which the City is bond to honor constraints on the specific purpose for which amounts in those funds can be spent. Nonspendable Fund Balance These are amounts that cannot be spent because they are not in spendable form as they are legally or contractually required to be maintained intact and include amounts set aside for prepaid items. 51 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity (Continued) 9. Fund Equity a) Classification(Continued) Restricted Fund Balance These are amounts that are restricted to specific purposes either by a) constraints placed on the use of resources by creditors, grantors, contributors, or laws or regulations of other governments, or b) imposed by law through enabling legislation. Committed Fund Balance These are amounts that can only be used for specific purposes pursuant to constraints imposed by the City Council (highest level of decision making authority) through resolution. The City Council must also pass a resolution to remove the constraint of committed resources. Assigned Fund Balance These are amounts that are constrained by the City's intent to be used for specific purposes but are neither restricted nor committed. Assignments are made by the City's Finance Director based on the City Council's direction. Unassigned Fund Balance These are residual amounts in the General Fund not reported in any other classification. The General Fund is the only fund that can report a positive unassigned fund balance. Other funds would report a negative unassigned fund balance should the total of nonspendable, restricted, committed, and assigned fund balances exceed the total net resources of that fund. When both restricted and unrestricted resources are available for use, it is the City's policy to first use restricted resources, and then use unrestricted resources as they are needed. When committed, assigned, and unassigned resources are available for use, it is the City's policy to use resources in the following order: committed, assigned, and unassigned. b) Minimum Fund Balance The City's target General Fund balance is to maintain working capital, a portion of the unassigned balance, in the amount of four to six months of the next year's budgeted expenditures of the General Fund, excluding the fire department and PEG Access Fees. 52 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) D. Assets, Liabilities, Deferred Outflows/ Inflows of Resources, and Net Position or Equity (Continued) 10. Net Position Net position represents the difference between assets, deferred outflows of resources, liabilities, and deferred inflows of resources in the government-wide financial statements. Net investment in capital assets consists of capital assets, net of accumulated depreciation, reduced by the outstanding balance of any long-term debt used to build or acquire the capital assets. A reclassification of $3,033,845 between this net position class and unrestricted net position in the total column of the Statement of Net Position to recognize the portion of debt attributable to capital assets donated from governmental activities to business-type activities. Net position is reported as restricted in the government-wide financial statement when there are limitations on use through external restrictions imposed by creditors, grantors, or laws or regulations of other governments. The restricted for other purposes restriction of net position for governmental activities of $1,658,479 includes $44,519 for tax increment financing, $1,325,161 in state collected sales tax restricted by enabling legislation, $22,240 restricted for lodging tax, $206,528 in park dedication fees, $650 restricted by donors for future projects, $47,402 DEED Funds, and $11,979 in revolving loan funds restricted for EDA projects. 11. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Estimates also affect the reported amounts of revenues and expenditures/expenses during the reporting period. Actual results could differ from those estimates. E. Budgetary Information 1. In August of each year, City staff submits to the City Council, a proposed operating budget for the year commencing the following January 1. The operating budget includes proposed expenditures and the means of financing them for the upcoming year. 2. Public hearings are conducted to obtain taxpayer comments. 3. The budget is legally enacted through passage of a resolution after obtaining taxpayer comments. 4. Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America. 5. Expenditures may not legally exceed budgeted appropriations at the department level. No fund's budget can be increased without City Council approval. The City Council may authorize transfer of budgeted amounts between departments within any fund. Management may amend budgets within a department level, so long as the total department budget is not changed. 6. Annual appropriated budgets are adopted during the year for the General Fund and the Economic Development Authority, State Collected Sales Tax and Park Dedication special revenue funds and debt service funds. Budgetary control for the remaining special revenue fund is done through the use of project controls when the council authorizes the project. Budgetary control for Capital Projects Funds is accomplished through the use of project controls and formal appropriated budgets are not adopted. 53 Cityof St. Joseph Notes to Financial Statements NOTE 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) E. Budgetary Information (Continued) 7. Budgeted amounts are as originally adopted by the City Council. Budgeted expenditure appropriations lapse at year-end. Encumbrances outstanding at year-end expire and outstanding purchase orders are canceled and not reported in the financial statements. NOTE 2 STEWARDSHIP, COMPLIANCE, AND ACCOUNTABILITY A. Deficit Fund Balance The following fund had a deficit fund balance at December 31, 2020. This deficit will be eliminated with future tax increment revenues and future bond issuances. NOTE 3 DEPOSITS AND INVESTMENTS Cash balances of the City's funds are combined (pooled) and invested to the extent available in various investments authorized by Minnesota Statutes. Each fund's portion of this pool (or pools) is displayed in the financial statements as "cash and cash equivalents" or "investments." For purposes of identifying risk of investing public funds, the balances and related restrictions are summarized below. A. Deposits Custodial Credit Risk Deposits: This is the risk that in the event of a bank failure, the City's deposits may not be returned to it. The City has a policy that requires the City's deposits be collateralized as required by Minnesota Statutes for an amount exceeding FDIC, SAIF, BIF, or FCUA coverage. As of December 31, 2020, the City's bank balance was not exposed to custodial credit risk because it was fully insured through the FDIC or NCUA and fully collateralized with securities held by the pledging financial institutions trust department or agent and in the City's name. As of December 31, 2020, the City's deposits had a carrying value as shown as follows: 54 Cityof St. Joseph Notes to Financial Statements NOTE 3 DEPOSITS AND INVESTMENTS (CONTINUED) B. Investments As of December 31, 2020, the City had the following investments: Credit Risk: Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations. Minnesota Statutes 118A.04 and 118A.05 limit investments that are in the top two ratings issued by nationally recognized statistical rating organizations. The City's investment policy limits the allowable investments in accordance with these statutes. As of December 31, 2020, the City's investments were rated as listed in the table above. Interest Rate Risk: The City should try to minimize the risk that arises from over investing in specific instruments, individual financial institutions, or maturities. The City's investment policy states the investment portfolio will be structured so that securities mature to meet cash flow requirements and avoiding the need to sell securities prior to maturity, investing in short-term securities, investing in long- term securities if the market rate is favorable. Concentration of Credit Risk: Investments should be diversified to avoid incurring unreasonable risks inherent in over investing in specific instruments, individual financial institutions, or maturities. The City's investment policy states the City will attempt to diversify its investments according to type, issuer, and maturity. The portfolio, as much as possible, will contain both short-term and long-term investments. The City will attempt to match its investments with anticipated cash flow requirements. Extended maturities may be utilized to take advantage of higher yields. No more than 20% of the total investments should extend beyond five years and the weighted average maturity of the portfolio shall never exceed five years. As of December 31, 2020, the City does not have any investments subject to concentration of credit risk. Custodial Credit Risk Investments: For an investment, this is the risk that in the event of the failure of the counterparty, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. The City's investment policy addresses this risk and states the City will permit investments only to the extent that there is Securities Investor Protection Corporation (SIPC) and excess SIPC coverage available. 55 Cityof St. Joseph Notes to Financial Statements NOTE 3 DEPOSITS AND INVESTMENTS (CONTINUED) C. Deposits and Investments The following is a summary of deposits and investments as of December 31, 2020: Deposits and investments are presented in the December 31, 2020, basic financial statements as follows: NOTE 4 INTERFUND BALANCES AND TRANSFERS A. Interfund Balances The composition of interfund balances as of December 31, 2020, is as follows: Amounts Due to Other Funds Other Governmental Funds Amounts Due from Other Funds General Fund$ 33,000 Other Governmental Funds 12,500 Total$ 45,500 The due from/due to other funds balances represent loans made to cover tax increment financing (TIF) consulting costs to establish the TIF districts and contract revenue reductions. 56 Cityof St. Joseph Notes to Financial Statements NOTE 4 INTERFUND BALANCES AND TRANSFERS (CONTINUED) B. Transfers The composition of interfund transfers as of December 31, 2020, is as follows: Description Amount Transfer InTransfer Out General FundWaterTransfer retirement reserve funding$ 19,295 Transfer retirement reserve funding 18,575 General FundSanitary Sewer General FundRefuseTransfer retirement reserve funding 10,425 General FundStorm WaterTransfer retirement reserve funding 8,345 Close debt service funds General FundOther Governmental Funds 4,521 Transfer to reimburse engineering fees 208,300 2019 Industrial Park Bonds of 2019AOther Governmental Funds Transfer for the DBL Lift Station 2019 Industrial Park Bonds of 2019ASanitary Sewer 13,670 Transfer of residual funds for future debt payments 200,000 Other Governmental FundsGeneral Fund Transfer to call the 2011A bond 46,478 Other Governmental FundsGeneral Fund Transfer sales tax revenue committed for bond payment 180,000 Other Governmental FundsOther Governmental Funds TIF decertified in 2020 36 Other Governmental FundsOther Governmental Funds Correct 2019 TIF disbursement Other Governmental FundsOther Governmental Funds 94 Annual transfer for future economic development Other Governmental FundsOther Governmental Funds projects 10,500 Close capital fund to debt fund 825 Other Governmental FundsOther Governmental Funds Close debt service funds Other Governmental FundsOther Governmental Funds 199,159 Annual transfer for bond payment Other Governmental FundsWater 6,000 Annual transfer for bond payment Other Governmental FundsSanitary Sewer 6,000 Annual transfer for bond payment 19,250 Other Governmental FundsStorm Water Pay back park dedication fund Other Governmental FundsStreet Light 6,600 Transfer for severance payouts WaterGeneral Fund 14,142 Transfer to correct fund 2,608 WaterOther Governmental Funds Transfer WAC fees 200,000 WaterOther Governmental Funds Annual transfer for debt payments WaterSanitary Sewer 6,000 Transfer for severance payouts Sanitary SewerGeneral Fund 14,143 Transfer to correct fund 574 Sanitary SewerOther Governmental Funds Annual transfer for debt payments Sanitary SewerOther Governmental Funds 140,000 Transfer for severance payouts RefuseGeneral Fund 8,351 Transfer to correct fund RefuseOther Governmental Funds 574 Transfer for severance payouts 10,802 Storm WaterGeneral Fund Transfer to correct fund Storm WaterOther Governmental Funds 574 Transfer for severance payouts Street LightGeneral Fund 3,340 $ 1,359,181 57 Cityof St. Joseph Notes to Financial Statements NOTE 5 CAPITAL ASSETS Capital asset activity for the year ended December 31, 2020, was as follows: BeginningEnding BalanceIncreasesDecreasesBalance Governmental activities Capital assets not being depreciated Land$ 763,197$ - $ -$ 763,197 Easements 200,085 - - 200,085 Construction in progress 3,637,903 1,428,421 - 5,066,324 Total capital assets not being depreciated 4,601,185 1,428,421 - 6,029,606 Capital assets being depreciated Buildings 8,735,795 857,783 - 9,593,578 Infrastructure 20,551,930 341,044 - 20,892,974 Improvements 41,279 - 1,365,946 1,407,225 Intangible assets 200,000 - - 200,000 Machinery and equipment 3,950,112 499,019 116,908 4,332,223 Total capital assets being depreciated 34,803,783 1,739,125 116,908 36,426,000 Less accumulated depreciation for Buildings 1,660,024 260,220 - 1,920,244 Infrastructure 16,114,083 617,982 - 16,732,065 Improvements 52,371 - 682,435 734,806 Intangible assets 30,000 10,000 - 40,000 Machinery and equipment 2,926,562 327,932 114,689 3,139,805 Total accumulated depreciation 21,413,104 1,268,505 114,689 22,566,920 Total capital assets being 13,390,679 470,620 2,219 13,859,080 depreciated, net Governmental activities capital $ 17,991,864$ 1,899,041$ 2,219$ 19,888,686 assets, net 58 Cityof St. Joseph Notes to Financial Statements NOTE 5 CAPITAL ASSETS (CONTINUED) Depreciation expense was charged to functions/programs of the City as follows: BeginningEnding BalanceIncreasesDecreasesBalance Business-type activities Capital assets not being depreciated Land$ 377,882$ - $ -$ 377,882 Easements 67,915 - - 67,915 Construction in progress 3,769,371 595,338 1,908,819 2,455,890 Total capital assets not being depreciated 4,215,168 595,338 1,908,819 2,901,687 Capital assets being depreciated Buildings 8,797,686 - - 8,797,686 Improvements other than buildings - - 289,760 289,760 Plant and lines 24,430,657 422,703 - 24,853,360 Machinery and equipment 229,689 3,416 867,104 1,093,377 Sewer rights 9,068,746 1,908,819 - 10,977,565 Total capital assets being depreciated 43,453,953 2,561,211 3,416 46,011,748 Less accumulated depreciation for Buildings 2,610,536 214,141 - 2,824,677 Improvements other than buildings 28,976 14,488 - 43,464 Plant and lines 7,831,100 513,774 - 8,344,874 Machinery and equipment 80,838 3,416 642,453 719,875 Sewer rights 2,485,367 291,996 - 2,777,363 Total accumulated depreciation 13,598,432 1,115,237 3,416 14,710,253 Total capital assets being 29,855,521 1,445,974 - 31,301,495 depreciated, net Business-type activities captial $ 34,070,689$ 2,041,312$ 1,908,819$ 34,203,182 assets, net 59 Cityof St. Joseph Notes to Financial Statements NOTE 5 CAPITAL ASSETS (CONTINUED) NOTE 6 LONG-TERM DEBT A. General Obligation Bonds The City issues General Obligation (G.O.) bonds to provide for financing improvement, development, and street improvement projects. G.O. bonds are direct obligations and pledge the full faith and credit of the City. These bonds generally are issued as 5 to 20 year serial bonds with equal debt service payments each year. Revenue bonds are issued by the City where the City pledges income derived from the acquired or constructed assets to pay debt service including access and trunk charges and utility user fees. In November 2020, the City issued $1,235,000 for a refunding of the G.O. Sewer Revenue Bonds, Series 2013A and the G.O. Street Improvement Bonds, Series 2013A. The refunding was undertaken to reduce total future debt service payments. The refunding resulted in a debt service savings of $114,577 and a net present value benefit of $111,073. In November 2020, the City issued $1,810,000 for a crossover refunding of G.O. Street Improvement Bonds, Series 2014A and G.O. Utility Bonds, Series 2014A. The issue will be called on December 1, 2021. The refunding was undertaken to reduce total future debt service payments. The refunding resulted in a debt service savings of $112,864 and a net present value benefit of $105,696. 60 Cityof St. Joseph Notes to Financial Statements NOTE 6 LONG-TERM DEBT (CONTINUED) B. Components of Long-Term Liabilities IssueInterestOriginalFinalPrincipalDue Within DateRateIssueMaturityOutstandingOne Year Business-type Activities G.O. Revenue Bonds G.O. Water Revenue Crossover Refunding Bonds of 2012A04/19/121.00-2.85%$ 4,860,000 12/01/28$ 2,875,000$ 485,000 G.O. Utility Improvement Bonds of 2014A06/15/142.00%-3.40% 660,000 12/01/32 460,000 460,000 G.O. Water Improvement Bonds of 2017B08/30/172.25% 353,000 12/15/22 140,000 70,000 G.O. Sewer Refunding Bonds of 2020B11/12/200.40%-2.00% 1,045,000 12/15/28 1,045,000 120,000 Taxable G.O. Crossover Refunding Bonds, Series 2020C11/12/200.40%-1.90% 445,000 12/01/32 445,000 - Total G.O. Revenue Bonds 4,965,000 1,135,000 Notes from direct borrowing Utility Revenue Notes Payable City of St. Cloud SIS Phase 4 (2013B Bonds)11/01/133.00%-4.00% 650,000 02/01/29 435,000 40,000 City of St. Cloud RUE Project PFA Loan08/01/101.77% 4,527,703 08/20/30 2,530,203 233,477 City of St. Cloud Lift Station Improvements08/24/161.00% 469,263 08/20/26 306,421 49,781 City of St. Cloud NR2 Biosolids10/09/171.10% 1,744,736 08/20/37 1,541,257 82,998 Total notes from direct borrowing 4,812,881 406,256 Unamortized premium 80,163 - Compensated absences 107,426 13,796 Total business-type activities 9,965,470 1,555,052 Total all long-term liabilities$ 25,590,133$ 4,168,793 61 Cityof St. Joseph Notes to Financial Statements NOTE 6 LONG-TERM DEBT (CONTINUED) B. Components of Long-Term Liabilities (Continued) Long-term bonded indebtedness listed on the previous page and above were issued to finance acquisition and construction of capital assets or to refinance (refund) previous bond issues. C. Changes in Long-Term Liabilities Long-term liability activity for the year ended December 31, 2020, was as follows: BeginningEnding BalanceAdditionsReductionsBalance Business-type activities Bonds payable G.O. utility revenue bonds$ 5,251,000 $ 1,490,000$ 1,776,000 $ 4,965,000 Note from direct borrowing City of St. Cloud notes 5,162,148 51,635 400,902 4,812,881 Unamortized premiums 30,450 56,528 6,815 80,163 Compensated absences 161,588 69,475 123,637 107,426 Total business-type activities 10,605,186 1,667,638 2,307,354 9,965,470 Total long-term liabilities$ 24,990,319$ 5,134,410$ 4,534,596$ 25,590,133 For governmental activities, the General Fund typically liquidates the liability related to compensated absences. For Business-Type Activities, the Water, Sanitary Sewer, Refuse, Storm Water, and Street Light Utility Funds typically liquidates the liability related to the compensated absences. 62 Cityof St. Joseph Notes to Financial Statements NOTE 6 LONG-TERM DEBT (CONTINUED) D. Minimum Debt Payments Minimum annual principal and interest payments required to retire long-term liabilities: Governmental Activities G.O. BondsG.O. Special Assessment Bonds Year Ended December 31,PrincipalInterestPrincipalInterest 2021$ 328,000$ 109,400$ 2,060,000$ 265,006 2022 394,000 101,319 829,000 199,225 2023 397,000 93,091 844,000 173,460 2024 347,000 84,797 834,000 146,425 2025 352,000 78,750 799,000 120,752 2026-2030 1,370,000 303,262 2,863,000 248,710 2031-2035 1,385,000 145,590 150,000 5,250 2036 265,000 7,619 - - Total$ 4,838,000$ 9 23,828$ 8,379,000$ 1,158,828 Governmental Activities Abatement Bonds Year Ended December 31,PrincipalInterestTotal 2021$ 120,000$ 35,335$ 2,917,741 2022 120,000 32,935 1,676,479 2023 125,000 30,535 1,663,086 2024 125,000 27,410 1,564,632 2025 130,000 24,285 1,504,787 2026-2030 675,000 61,358 5,521,330 2031-2035 - - 1,685,840 2036 - - 272,619 Total$ 1,295,000$ 211,858 $ 16,806,514 63 Cityof St. Joseph Notes to Financial Statements NOTE 6 LONG-TERM DEBT (CONTINUED) D. Minimum Debt Payments (Continued) E. Conduit Debt Conduit debt obligations are certain limited obligation revenue bonds or similar debt instruments issued for the express purpose of providing capital financing for a specific third party. The City has issued various revenue bonds to provide funding to private sector entities for projects deemed to be in the public interest. Although these bonds bear the name of the City, the City has no obligation for such debt. Accordingly, the bonds are not reported as liabilities in the financial statements of the City. At December 31, 2020, the City's outstanding conduit debt balances consisted of the following: 64 Cityof St. Joseph Notes to Financial Statements NOTE 7 FUND BALANCE Fund equity balances are classified as follows to reflect the limitations and restrictions of the respective funds. NOTE 8 RISK MANAGEMENT The City purchases commercial insurance coverage through the League of Minnesota Cities Insurance Trust (LMCIT) with other cities in the state, which is a public entity risk pool currently operating as a common risk management and insurance program. The City pays an annual premium to the LMCIT for its insurance coverage. The LMCIT is self-sustaining through commercial companies for excess claims. The City is covered through the pool for any claims incurred but unreported, however, retains risk for the deductible portion of its insurance policies. The amount of these deductibles is considered immaterial to the financial statements. There were no significant reductions in insurance from the previous year or settlements in excess of insurance coverage for any of the past three years. 65 Cityof St. Joseph Notes to Financial Statements NOTE 8 RISK MANAGEMENT (CONTINUED) The City's workers' compensation insurance policy is retrospectively rated. With this type of policy, final premiums are determined after loss experience is known. The amount of premium adjustment for 2020 is estimated to be immaterial based on workers' compensation rates and salaries for the year. At December 31, 2020, there were no other claims liabilities reported in the fund based on the requirements of GASB Statement No. 10, which requires a liability for claims be reported if information prior to the issuance of the financial statements indicates it is probable a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. NOTE 9 PENSION PLANS The City participates in various pension plans, total pension expense for the year ended December 31, 2020, was $163,151. The components of pension expense are noted in the following plan summaries. For governmental activities, the General Fund typically liquidates the liability related to pensions. For Business-Type Activities, the Water, Sanitary Sewer, Refuse, Storm Water, and Street Light Utility Funds typically liquidate the liability related to pensions. Public Employees' Retirement Association A. Plan Description The City participates in the following cost-sharing multiple-employer defined benefit pension plans administered by PERA. PERA's defined benefit pension plans are established and administered in accordance with Minnesota Statutes, Chapters 353 and 356. PERA's defined benefit pension plans are tax qualified plans under Section 401(a) of the Internal Revenue Code. General Employees Retirement Plan All full-time and certain part-time employees of the City are covered by the General Employees Plan. General Employees Plan members belong to the Coordinated Plan. Coordinated Plan members are covered by Social Security. Public Employees Police and Fire Plan The Police and Fire Plan, originally established for police officers and firefighters not covered by a local relief association, now covers all police officers and firefighters hired since 1980. Effective July 1, 1999, the Police and Fire Plan also covers police officers and firefighters belonging to a local relief association that elected to merge with and transfer assets and administration to PERA. B. Benefits Provided PERA provides retirement, disability, and death benefits. Benefit provisions are established by state statute and can only be modified by the state Legislature. Vested, terminated employees who are entitled to benefits but are not receiving them yet, are bound by the provisions in effect at the time they last terminated their public service. 66 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) B. Benefits Provided (Continued) General Employees Plan Benefits General Employees Plan benefits are based on a member's highest average salary for any 5 successive years of allowable service, age, and years of credit at termination of service. Two methods are used to compute benefits for PERA's Coordinated Plan members. Members hired prior to July 1, 1989, receive the higher of Method 1 or Method 2 formulas. Only Method 2 is used for members hired after June 30, 1989. Under Method 1, the accrual rate for a Coordinated members is 1.2% for each of the first 10 years of service and 1.7% for each additional year. Under Method 2, the accrual rate for Coordinated members is 1.7% for all years of service. For members hired prior to July 1, 1989, a full annuity is available when age plus years of service equal 90 and normal retirement age is 65. For members hired on or after July 1, 1989, normal retirement age is the age for unreduced Social Security benefits capped at 66. Benefit increases are provided to benefit recipients each January. Beginning in 2019, the postretirement increase is equal to 50% of the cost-of-living adjustment (COLA) announced by the SSA, with a minimum increase of at least 1% and a maximum of 1.5%. Recipients that have been receiving the annuity or benefit for at least a full year as of the June 30 before the effective date of the increase will receive the full increase. For recipients receiving the annuity or benefit for at least one month but less than a full year as of the June 30 before the effective date of the increase will receive a reduced prorated increase. For members retiring on January 1, 2024, or later, the increase will be delayed until normal retirement age (age 65 if hired prior to July 1, 1989, or age 66 for individuals hired on or after July 1, 1989). Members retiring under Rule of 90 are exempt from the delay to normal retirement. Police and Fire Plan Benefits Benefits for the Police and Fire Plan members first hired after June 30, 2010, but before July 1, 2014, vest on a prorated basis from 50% after five years up to 100% after 10 years of credited service. Benefits for Police and Fire Plan members first hired after June 30, 2014, vest on a prorated basis from 50% after 10 years up to 100% after 20 years of credited service. The annuity accrual rate is 3% of average salary for each year of service. For Police and Fire Plan members who were first hired prior to July 1, 1989, a full annuity is available when age plus years of service equal at least 90. Benefit increases are provided to benefit recipients each January. Beginning in 2019, the postretirement increase was fixed at 1%. Recipients that have been receiving the annuity or benefit for at least 36 months as of the June 30 before the effective date of the increase will receive the full increase. For recipients receiving the annuity or benefit for at least 25 months but less than 36 months as of the June 30 before the effective date of the increase will receive a reduced prorated increase. C. Contributions Minnesota Statutes Chapter 353 sets the rates for employer and employee contributions. Contribution rates can only be modified by the state Legislature. 67 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) C. Contributions (Continued) General Employees Fund Contributions Coordinated Plan members were required to contribute 6.5% of their annual covered salary in fiscal year 2020 and the City was required to contribute 7.5% for Coordinated Plan members. The City's contributions to the General Employees Fund for the year ended December 31, 2020, were $90,784. The City's contributions were equal to the required contributions as set by state statute. Police and Fire Fund Contributions Police and Fire member's contribution rates increased from 11.3% of pay to 11.8% and employer rates increased from 16.95% to 17.7% on January 1, 2020. The City's contributions to the Police and Fire Fund for the year ended December 31, 2020, were $118,036. The City's contributions were equal to the required contributions as set by state statute. D. Pension Costs General Employees Fund Pension Costs At December 31, 2020, the City reported a liability of $869,341 for its proportionate share of the General Employees Fund's net pension liability. The City's net pension liability reflected a reduction due to the State of Minnesota's contribution of $16 million. The State of Minnesota is considered a non- employer contributing entity and the State's contribution meets the definition of a special funding situation. The State of Minnesota's proportionate share of the net pension liability associated with the City totaled $26,723. The net pension liability was measured as of June 30, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City's proportionate share of the net pension liability was based on the City's contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2019, through June 30, 2020, relative to the total employer contributions received from all of PERA's participating employers. The City's proportionate share was 0.0145% at the end of the measurement period and 0.0135% for the beginning of the period. City's proportionate share of the net pension liability$ 869,341 State of Minnesota's proportionate share of the net pension liability associated with the City 26,723 Total$ 896,064 68 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) D. Pension Costs (Continued) General Employees Fund Pension Costs (Continued) For the year ended December 31, 2020, the City recognized pension expense of $61,422 for its proportionate share of General Employees Plan's pension expense. Included in the amount, the City recognized $2,326 as pension expense (and grant revenue) for its proportionate share of the State of Minnesota's contribution of $16 million to the General Employees Fund. At December 31, 2020, the City reported its proportionate share of the General Employees Plan's deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: The $45,392 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2021. Other amounts reported as deferred outflows and deferred inflows of resources related to pensions will be recognized in pension expense as follows: Pension Year Ended Expense December 31,Amount 2021$ (43,880) 2022 3,599 2023 30,262 2024 21,004 $ 10,985 Total 69 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) D. Pension Costs (Continued) Police and Fire Fund Pension Costs At December 31, 2020, the City reported a liability of $726,554 for its proportionate share of the Police and Fire Fund's net pension liability. The net pension liability was measured as of June 30, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The City's proportionate share of the net pension liability was based on the City's contributions received by PERA during the measurement period for employer payroll paid dates from July 1, 2019, through June 30, 2020, relative to the total employer contributions received from all of PERA's participating employers. At June 30, 2020, the City's proportionate share was 0.0555% at the end of the measurement period and 0.0559% for the beginning of the period. The State of Minnesota also contributed $13.5 million to the Police and Fire Fund in the plan fiscal year ended June 30, 2020. The contribution consisted of $4.5 million in direct state aid that does meet the definition of a special funding situation and $9 million in fire state aid that does not meet the definition of a special funding situation. The $4.5 million direct state aid was paid on October 1, 2019. Thereafter, by October 1 of each year, the State will pay $9 million to the Police and Fire Fund until full funding is reached or July 1, 2048, whichever is earlier. The $9 million in fire state aid will continue until the fund is 90% funded, or until the State Patrol Plan (administered by the Minnesota State Retirement System) is 90% funded, whichever occurs later. As a result, the State of Minnesota is included as a non-employer contributing entity in the Police and Fire Retirement Plan Schedule of Employer Allocations and Schedule of Pension Amounts by Employer, Current Reporting Period Only (pension allocation schedules) for the $4.5 million in direct state aid. Police and Fire Plan employers need to recognize their proportionate share of the State of Minnesota's pension expense (and grant revenue) under GASB 68 special funding situation accounting and financial reporting requirements. For the year ended December 31, 2020, the City recognized pension expense of $93,277 for its proportionate share of the Police and Fire Plan's pension expense. Included in this amount, the City recognized $5,311 as pension expense (and grant revenue) for its proportionate share of the State of Minnesota's contribution of $4.5 million to the Police and Fire Fund. The State of Minnesota is not included as a non-employer contributing entity in the Police and Fire Pension Plan pension allocation schedules for the $9 million in fire state aid. The City also recognized $4,995 for the year ended December 31, 2020, as revenue and an offsetting reduction of the net pension liability for its proportionate share of the State of Minnesota's on-behalf contributions to the Police and Fire Fund. 70 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) D. Pension Costs (Continued) Police and Fire Fund Pension Costs (Continued) At December 31, 2020, the City reported its proportionate share of the Police and Fire Plan's deferred outflows of resources and deferred inflows of resources related to pensions from the following sources. The $59,018 reported as deferred outflows of resources related to pensions resulting from City contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended December 31, 2021. Other amounts reported as deferred outflows and inflows of resources related to pensions will be recognized in pension expense as follows: Pension Year Ended Expense December 31,Amount 2021$ (52,871) 2022 (194,085) 2023 36,218 2024 27,072 2025 (195) Total$ (183,861) 71 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) E. Actuarial Assumptions The total pension liability in the June 30, 2020, actuarial valuation was determined using an individual entry-age normal actuarial cost method and the following actuarial assumptions: Salary increases were based on a service-related table. Mortality rates for active members, retirees, survivors, and disabilitants for all plans were based on RP 2014 tables for males or females, as appropriate, with slight adjustments to fit PERA's experience. Cost of living benefit increases after retirement for retirees are assumed to be 1.25% per year for the General Employees Plan and 1.0% per year for the Police and Fire Plan. Actuarial assumptions used in the June 30, 2020, valuation were based on the results of actuarial experience studies. The most recent four-year experience study in the General Employees Plan was completed in 2019. The assumption changes were adopted by the Board and became effective with the July 1, 2020, actuarial valuation. The most recent four-year experience study for Police and Fire Plan was completed in 2020. The recommended assumptions for that plan was adopted by the Board and will be effective with the July 1, 2021, actual valuation if approved by the Legislature. The following changes in actuarial assumptions occurred in 2020: General Employees Fund Changes in Actuarial Assumptions: The price inflation assumption was decreased from 2.5% to 2.25%. The payroll growth assumption was decreased from 3.25% to 3.0%. Assumed salary increase rates were changed as recommended in the June 30, 2019, experience study. The net effect is assumed rates that average 0.25% less than previous rates. Assumed rates of retirement were changed as recommended in the June 30, 2019, experience study. The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements. Assumed rates of termination were changes as recommended in the June 30, 2019, experience study. The new rates are based on service and are generally lower than the previous rates for years 2-5 and slightly higher thereafter. Assumed rates of disability were changed as recommended in the June 30, 2019, experience study. The change results in fewer predicted disability retirements for males and females. The base mortality table for healthy annuitants and employees was changed from the RP-2014 table to the Pub-2010 General Mortality table, with adjustments. The base mortality table for disabled annuitants was changed from the RP-2014 disabled annuitant mortality table to the Pub-2010 General/Teacher disabled annuitant mortality table, with adjustments. 72 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) E. Actuarial Assumptions (Continued) General Employees Fund (Continued) Changes in Actuarial Assumptions: (Continued) The mortality improvement scale was changed from Scale MP-2018 to Scale MP-2019. The assumed spouse age difference was changed from two years older for females to one year older. The assumed number of married male new retirees electing the 100% Joint and Survivor option changed from 35% to 45%. The assumed number of married female new retirees electing the 100% Joint and Survivor option changed from 15% to 30%. The corresponding number of married new retirees electing the Life annuity option was adjusted accordingly. Changes in Plan Provisions: Augmentation for current privatized members was reduced to 2.0% for the period July 1, 2020 through December 31, 2023, and 0.0% thereafter. Augmentation was eliminated for privatizations occurring after June 30, 2020. Police and Fire Fund Changes in Actuarial Assumptions: The mortality projection scale was changed from MP-2018 to MP-2019. Changes in Plan Provisions: There have been no changes since the prior valuation. The State Board of Investment, which manages the investments of PERA, prepares an analysis of the reasonableness on a regular basis of the long-term expected rate of return using a building-block method in which best-estimate ranges of expected future rates of return are developed for each major asset class. These ranges are combined to produce an expected long-term rate of return by weighting the expected future rates of return by the target asset allocation percentages. The target allocation and best estimates of geometric real rates of return for each major asset class are summarized in the following table: Long-Term Expected Asset ClassTarget AllocationReal Rate of Return Domestic stocks35.5%5.10% International stocks17.55.30 Bonds (fixed income)20.00.75 Alternative assets (private markets)25.05.90 Cash2.00.00 Total100% 73 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees' Retirement Association (Continued) F. Discount Rate The discount rate used to measure the total pension liability in 2020 was 7.5%. The projection of cash flows used to determine the discount rate assumed that contributions from Plan members and employers will be made at rates set in Minnesota Statutes. Based on these assumptions, the fiduciary net positions of the General Employees Fund and the Police and Fire Fund were projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability. G. Pension Liability Sensitivity The following presents the City's proportionate share of the net pension liability for all plans it participates in, calculated using the discount rate disclosed in the preceding paragraph, as well as what the City's proportionate share of the net pension liability would be if it were calculated using a discount rate 1 percentage point lower or 1 percentage point higher than the current discount rate: 1% Decrease in1% Increase in Discount Rate Discount Rate Discount Rate (6.5%) (7.5%)(8.5%) City's proportionate share of the General Employees Fund net pension liability$ 1,393,253$ 869,341$ 437,157 1% Decrease in 1% Increase in Discount Rate Discount Rate Discount Rate (6.5%)(7.5%)(8.5%) City's proportionate share of the Police and Fire Fund net pension liability (asset)$ 1,453,088$ 726,554$ 125,475 H. Pension Plan Fiduciary Net Position Detailed information about each pension plan's fiduciary net position is available in a separately-issued PERA financial report that includes financial statements and required supplementary information. That report may be obtained on the Internet at www.mnpera.org. Public Employees Defined Contribution Plan (Defined Contribution Plan) All of the City's council members are covered by the Defined Contribution Plan, a multiple-employer deferred compensation plan administered by PERA. The Defined Contribution Plan is a tax qualified plan under Section 401(a) of the Internal Revenue Code and all contributions by or on behalf of employees are tax deferred until time of withdrawal. 74 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Public Employees Defined Contribution Plan (Defined Contribution Plan) (Continued) The defined contribution plan consists of individual accounts paying a lump-sum benefit. Plan benefits depend solely on amounts contributed to the plan plus investment earnings, less administrative expenses; therefore, there is no future liability to the City. Minnesota Statutes, Chapter 353D.03, specifies plan provisions, including the employee and employer contribution rates for those qualified personnel who elect to participate. An eligible elected official who decides to participate contributes 5% of salary which is matched by the elected official's employer. For ambulance service personnel, employer contributions are determined by the employer, and for salaried employees must be a fixed percentage of salary. Employer contributions for volunteer personnel may be a unit value for each call or period of alert duty. Employees who are paid for their services may elect to make member contributions in an amount not to exceed the employer share. Employer and employee contributions are combined and used to purchase shares in one or more of the seven accounts of the Minnesota Supplemental Investment Fund. For administering the plan, PERA receives 2% of employer contributions and twenty-five hundredths of 1% (.25%) of the assets in each member's account annually. Pension expense for the year is equal to the contributions made. Total contributions made by the City during fiscal year 2020 were: Defined Benefit Pension Plan Volunteer Fire Fighter's Relief Association A. Plan Description The City of St. Joseph Volunteer Fire Department Relief Association is the administrator of a single employer defined benefit pension plan established to provide benefits for members of the Relief Association per Minnesota State Statutes. The Association issues a publicly available financial report that includes financial statements and required supplementary information. That report may be obtained by writing to the St. Joseph Volunteer Fire Department Relief Association, 75 Callaway St E, St. Joseph, MN 56374. B. Benefits Provided Volunteer firefighters of the City are member of Joseph Volunteer Fire Department Relief Association. Full retirement benefits are payable to members who have reached age 50 and have completed 20 years of service for lump sum service pension. Partial benefits are payable to members who have reached 50 years and have completed 10 years of service. Disability benefits and widow and children's survivor benefits are also payable to members or their beneficiaries based upon requirements set forth in the bylaws. These benefit provisions and all other requirements are consistent with enabling state statutes. 75 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Defined Benefit Pension Plan Volunteer Fire Fighter's Relief Association C. Employees Covered by Benefit Terms At December 31, 2020, the following employees were covered by the benefit terms: D. Contributions. Minnesota Statutes Chapter 424A.092 specifies minimum support rates required on an annual basis. The minimum support rates from the municipality and from State aids are determined as the amount required to meet the normal cost plus amortizing any existing prior service costs over a ten year period. The City's obligation is the financial requirement for the year less state aids. Any additional payments by the City shall be used to amortize the unfunded liability of the relief association. The Association is comprised of volunteers: therefore, there are no payroll expenditures (i.e. there are no covered payroll percentage calculations). During the year, the City recognized as revenue and as an expenditure an on behalf payment of $59,075 made by the State of Minnesota for the Relief Association. The City also contributed $3,000 to the Relief Association. E. Net Pension Liability The City's net pension liability was measured as of December 31, 2020, and the total pension liability used to calculate the net pension liability was determined by an actuarial valuation as of that date. The total pension liability in the December 31, 2020 actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement: The value of death benefits is similar to the value of the retirement pension. Mortality rates for active members, retirees, and disabilitants were based on RP 2014 tables, with mortality improvement scale MP-2019, with slight adjustments for male rates. The long-term return on assets has been set based on the plan's target investment allocation along with long-term return expectations by asset class. When there is sufficient historical evidence of market outperformance, historical average returns may be considered. Best estimates of arithmetic real rates of return for each major asset class included in the pension plan's target asset allocation as of the measurement date are summarized in the table on the following page. 76 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Defined Benefit Pension Plan Volunteer Fire Fighter's Relief Association (Continued) E. Net Pension Liability (Continued) The discount rate used to measure the total pension liability was 4.75%. Assets were projected using expected benefit payments and expected asset returns. Expected benefit payments by year were discounted using the expected asset return assumption for years in which the assets were sufficient to pay all benefit payments. Any remaining benefit payments after the trust fund is exhausted are discounted at the municipal bond rate. The equivalent single rate is the discount rate. F. Changes in the Net Pension Liability Increase (Decrease) Total Plan FiduciaryNet PensionNet Pension Liability PositionLiability (a) (b)(a) - (b) Balances at January 1, 2020$ 676,547$ 951,744 $ (275,197) Changes for the year Service cost 30,292 - 30,292 Interest cost 37,109 - 37,109 Differences between expected and actual experience (9,251) - (9,251) Changes of assumptions 15,976 - 15,976 Changes of benefit terms 59,260 - 59,260 State contributions - 59,075 (59,075) Municipal contributions - 3,000 (3,000) Net investment income - 117,376 (117,376) Administrative expense - (8,297) 8,297 Net changes 133,386 171,154 (37,768) Balances at December 31, 2020$ 809,933$ 1,122,898 $ (312,965) 77 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Defined Benefit Pension Plan Volunteer Fire Fighter's Relief Association (Continued) F. Changes in the Net Pension Liability (Continued) Sensitivity of the net pension liability to changes in the discount rate. The following presents the net pension liability of the City, calculated using the discount rate of 4.75%, as well as what the City's net pension liability would be if it were calculated using a discount rate that is 1-percentage-point lower (3.75%) or 1-percentage-point higher (5.75%) than the current rate: Pension plan fiduciary net position. Detailed information about the pension plan's fiduciary net position is available in the separately issued relief association financial report. G. Pension Expense and Deferred Outflows of Resources, and Deferred Inflows of Resources Related to Pensions For the year ended December 31, 2020, the City recognized pension expense of $69,082. At December 31, 2020, the City reported deferred outflows of resources and deferred inflows of resources related to pensions from the following sources: Deferred Deferred Outflows ofInflows of ResourcesResources Differences between expected and actual experience$ -$ 49,510 Changes of assumptions 78,564 - Net difference between projected and actual earnings on pension plan investments - 68,441 Total$ 78,564$ 117,951 78 Cityof St. Joseph Notes to Financial Statements NOTE 9 PENSION PLANS (CONTINUED) Defined Benefit Pension Plan Volunteer Fire Fighter's Relief Association (Continued) G. Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources Related to Pensions (Continued) Amounts reported as deferred outflows of resources and deferred inflows of resources related to pensions will be recognized in pension expense as follows: NOTE 10 COMMITMENTS The City has entered into contracts for construction as follows: Expended Contract through ProjectAmount12/31/20Commitment CR2 Trail, Phase II/III$ 1,172,954$ 1,059,599$ 113,354 MN Streetscape 315,866 30,970 284,896 20th Ave Watermain 184,438 162,943 21,494 Industrial Park East Improvements 3,082,855 2,901,687 181,168 2019 Bituminous Street Improvements 1,994,350 1,993,727 623 Total$ 601,535 NOTE 11 TAX INCREMENT FINANCING The City has entered into five Tax Increment Financing agreements which meet the criteria for disclosure under Governmental Accounting Standards Board Statement No. 77 Tax Abatement Disclosures. The City's authority to enter into these agreements comes from Minnesota Statute 469. The City entered into these agreements for the purpose of economic development. 79 Cityof St. Joseph Notes to Financial Statements NOTE 11 TAX INCREMENT FINANCING (CONTINUED) Under each agreement, the City and developer agree on an amount of development costs to be reimbursed to the developer by the City though tax revenues from the additional taxable value of the property generated by the development (tax increment). A "pay-as-you-go" note is established for this amount, on which the City makes payments for a fixed period of time with available tax increment revenue after deducting for certain administrative costs. During the year ended December 31, 2020, the City generated $160,979 in tax increment revenue and made $152,973 in payments to developers. In addition, the City had an abatement of $30,080 relating to a development agreement. NOTE 12 CONTINGENCY On March 13, 2020, a national emergency was declared for the COVID-19 outbreak in the United States of America. This event affects the economy and financial markets. The extent of the impact on the City may be both direct and indirect and will vary based on the duration of the outbreak and various other factors. An estimate of the financial effect on the City's financial statements at December 31, 2020, cannot be determined at this time. NOTE 13 SUBSEQUENT EVENTS In April 2021, the city sold the former Colts Academy building for $600,000. With the sale of the building, the City approved the defeasance of the outstanding balance of the 2015B G.O. Abatement bonds. The 2015B bonds are callable 12/1/2022. Funds will be held in escrow to pay the bonds in full on the call date. In April 2021 the City approved selling their pooled capacity in the St. Cloud wastewater treatment facility to the City of Foley. Under the new amendment, St. Joseph will receive an upfront reimbursement of $1,125,455 and realize future debt savings of $1,097,000. The City of St. Joseph will receive the reimbursements once the City of Foley ties into the wastewater system in late 2021 or early 2022. The City of St. Joseph plans to use the reimbursements for future sewer improvements. NOTE 14 NEW STANDARDS ISSUED BUT NOT YET IMPLEMENTED GASB Statement No. 87, Leases establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under this statement, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments' leasing activities. This statement will be effective for the year ending December 31, 2022. GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period enhances the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period and simplifies accounting for interest cost incurred before the end of a construction period. This statement will be effective for the year ending December 31, 2021. 80 REQUIRED SUPPLEMENTARY INFORMATION 81 City of St. Joseph Schedule of City's Proportionate Share of Net Pension Liability General Employees Retirement Fund Last Ten Years City's Proportionate Share of the State's Net Pension City's City's City's Proportionate Liability and Proportionate Proportionate Proportionate Share the State's Share of the Plan Fiduciary Share Share (Amount) of Proportionate Net Pension Net Position (Percentage) (Amount) of the Net Share of the Liability as a of the Net the Net Pension Net Pension (Asset) as a Percentage of For Fiscal Pension Pension Liability Liability Percentage of the Total Year Ended Liability Liability Associated Associated City's Covered its Covered Pension Payroll June 30,(Asset)(Asset) with the Citywith the CityPayroll Liability 20150.0138%$715,188$-$715,188$799,77389.42%78.19% 20160.0135%1,096,13314,3411,110,474839,240130.61%68.91% 20170.0142%906,51911,418917,937916,37398.92%75.90% 20180.0142%787,75825,900813,658955,44082.45%79.53% 20190.0135%746,38523,166769,551956,52078.03%80.23% 20200.0145%869,34126,723896,0641,031,52084.28%79.06% Note: Schedule is intended to show ten year trend. Additional years will be reported as they become available. Schedule of City's Proportionate Share of Net Pension Liability Public Employees Police and Fire Retirement Fund Last Ten Years City's Proportionate Share of the State's Net Pension City's Proportionate Liablility and Proportionate Share the State's Share of the Plan Fiduciary City's City's (Amount) of Proportionate Net Pension Net Position Proportion of Proportionate the Net Share of the Liability as a the Net Share of the Pension Net Pension (Asset) as a Percentage of For Fiscal Pension Net Pension Liability Liablility Percentage of the Total Year Ended Liability Liability Associated Associated City's Covered its Covered Pension June 30,(Asset)(Asset) with the Citywith the CityPayrollPayroll Liability 20150.0570%$647,653N/A$647,653$505,160128.21%86.61% 20160.0540%2,167,114N/A2,167,114518,580417.89%63.88% 20170.0540%729,064N/A729,064554,975131.37%85.43% 20180.0581%614,057614,057612,154100.31%88.84% N/A 20190.0559%587,566587,566576,684101.89%89.26% N/A 20200.0555%726,55417,262743,816613,525121.24%87.19% Note: Schedule is intended to show ten year trend. Additional years will be reported as they become available. See notes to required supplementary information.82 City of St. Joseph Schedule of City Contributions - General Employees Retirement Fund Last Ten Years Contributions in Relation to Contributions Fiscal Year Statutorily the Statutorily Contribution as a Percentage Ending Required Required Deficiency City's Covered of Covered December 31,ContributionContributions(Excess)PayrollPayroll 2015$ 57,804$ 57,804$ -$ 770,7207.50% 2016 66,294 66,294 - 883,9207.50% 2017 69,820 69,820 - 930,9337.50% 2018 71,452 71,452 - 952,6937.50% 2019 76,798 76,798 - 1,023,9737.50% 2020 90,784 90,784 - 1,210,4537.50% Note: Schedule is intended to show ten year trend. Additional years will be reported as they become available. Schedule of City Contributions - Public Employees Police and Fire Retirement Fund Last Ten Years Contributions in Relation to Contributions Fiscal Year Statutorily the Statutorily Contribution as a Percentage Ending Required Required Deficiency City's Covered of Covered December 31,ContributionContributions(Excess)PayrollPayroll 2015$ 85,925$ 85,925$ -$ 530,40116.20% 2016 89,587 89,587 - 553,006 16.20% 2017 93,325 93,325 - 576,080 16.20% 2018 97,377 97,377 - 601,093 16.20% 2019 106,850 106,850 - 630,383 16.95% 2020 118,036 118,036 - 666,870 17.70% Note: Schedule is intended to show ten year trend. Additional years will be reported as they become available. See notes to required supplementary information.83 City of St. Joseph Schedule of Changes in Net Pension Liability and Related Ratios - Fire Relief Association Measurement Date 20152016 Total Pension Liability (TPL) Service cost$ 20,898$ 25,691 Interest 29,709 35,786 Differenced between expected and actual experience - (29,935) Changes of assumptions 55,033 56,691 Changes of benefit terms 31,883 - Benefit payments, including refunds, or member contributions (41,168) (49,000) Net change in total pension liability 96,355 39,233 Beginning of year 475,033 571,388 End of Year$ 571,388$ 610,621 Plan Fiduciary Net Pension (FNP) Contributions - employer$ 52,164$ 63,111 Net investment income (41,979) 68,585 Benefit payments, including refunds of member contributions (41,168) (49,000) Administrative expense (8,121) (7,724) Net change in plan fiduciary net position (39,104) 74,972 Beginning of year 740,099 700,995 End of year$ 700,995$ 775,967 Net pension liability (NPL)$ (129,607)$ (165,346) Plan fiduciary net position as a percentage of the total pension liability122.7%127.1% Covered employee payrolln/an/a Net pension liability as a percentage of covered payrolln/an/a The City implemented the Provisions of Governmental Accounting Standards Board Statement No. 68 for the year ended December 31, 2015. The schedules within the Required Supplementary Information section required a ten year presentation, but does not require retroactive reporting. Information prior to 2015 is not available. Additional years will be reported as they become available. See notes to required supplementary information.84 Measurement Date 2017201820192020 $ 25,641$ 27,172$ 28,180$ 30,292 33,188 32,052 32,323 37,109 - (35,760) - (9,251) 4,299 8,441 - 15,976 - - 28,541 59,260 (118,151) - - - (55,023) 31,905 89,044 133,386 610,621 555,598 587,503 676,547 $ 555,598$ 587,503$ 676,547$ 809,933 $ 58,310$ 56,565$ 58,653$ 62,075 77,946 (50,418) 118,020 117,376 (118,151) - - - (8,546) (7,582) (9,020) (8,297) 9,559 (1,435) 167,653 171,154 775,967 785,526 784,091 951,744 $ 785,526$ 784,091$ 951,744$ 1,122,898 $ (229,928)$ (196,588)$ (275,197)$ (312,965) 141.4%133.5%140.7%138.6% n/an/an/an/a n/an/an/an/a 85 City of St. Joseph Schedule of Employer Contributions and Non-Employer Contributing Entities - Fire Relief Association 20152016 Employer Statutorily determined contribution (SDC)$ - $ - Contribution in relation to the SDC 3,000 3,000 Contribution deficiency (excess)$ (3,000)$ (3,000) Non-employer 2% aid$ 52,164$ 60,111 Covered employee payrolln/an/a Contributions as a percentage of covered employee payrolln/an/a The Association implemented the Provisions of Governmental Accounting Standards Board Statement No. 68 for the year ended December 31, 2015. The schedules within the Required Supplementary Information section required a ten year presentation, but does not require retroactive reporting. Information prior to 2015 is not available. Additional years will be reported as they become available. See notes to required supplementary information. 86 2017201820192020 $ - $ - $ - $ - 3,000 3,000 3,000 3,000 $ (3,000)$ (3,000)$ (3,000)$ (3,000) $ 55,310$ 53,565$ 55,653$ 59,075 n/an/an/an/a n/an/an/an/a 87 City of St. Joseph Notes to Required Supplementary Information GENERAL EMPLOYEES FUND 2020 Changes Changes in Actuarial Assumptions The price inflation assumption was decreased from 2.5% to 2.25%. The payroll growth assumption was decreased from 3.25% to 3.0%. Assumed salary increase rates were changed as recommended in the June 30, 2019, experience study. The net effect is assumed rates that average 0.25% less than previous rates. Assumed rates of retirement were changed as recommended in the June 30, 2019, experience study. The changes result in more unreduced (normal) retirements and slightly fewer Rule of 90 and early retirements. Assumed rates of termination were changes as recommended in the June 30, 2019, experience study. The new rates are based on service and are generally lower than the previous rates for years 2-5 and slightly higher thereafter. Assumed rates of disability were changed as recommended in the June 30, 2019, experience study. The change results in fewer predicted disability retirements for males and females. The base mortality table for healthy annuitants and employees was changed from the RP-2014 table to the Pub-2010 General Mortality table, with adjustments. The base mortality table for disabled annuitants was changed from the RP-2014 disabled annuitant mortality table to the Pub-2010 General/Teacher disabled annuitant mortality table, with adjustments. The mortality improvement scale was changed from Scale MP-2018 to Scale MP-2019. The assumed spouse age difference was changed from two years older for females to one year older. The assumed number of married male new retirees electing the 100% Joint and Survivor option changed from 35% to 45%. The assumed number of married female new retires electing the 100% Joint and Survivor option changed from 15% to 30%. The corresponding number of married new retirees electing the Life annuity option was adjusted accordingly. Changes in Plan Provisions Augmentation for current privatized members was reduced to 2.0% for the period July 1, 2020 through December 31, 2023, and 0.0% thereafter. Augmentation was eliminated for privatizations occurring after June 30, 2020. 2019 Changes Changes in Actuarial Assumptions The mortality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions The employer supplemental contribution was changed prospectively, decreasing from $31.0 million to $21.0 million per year. The State's special funding contribution was changed prospectively, requiring $16.0 million due per year through 2031. 2018 Changes Changes in Actuarial Assumptions The mortality projection scale was changed from MP-2015 to MP-2017. The assumed benefit increase was changed from 1.0% per year through 2044 and 2.5% per year thereafter to 1.25% per year. 88 City of St. Joseph Notes to Required Supplementary Information GENERAL EMPLOYEES FUND (CONTINUED) 2018 Changes Continued) Changes in Plan Provisions The augmentation adjustment in early retirement factors is eliminated over a five-year period starting July 1, 2019, resulting in actuarial equivalence after June 30, 2024. Interest credited on member contributions decreased from 4.00% to 3.00%, beginning July 1, 2018. Deferred augmentation was changed to 0.00%, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. Contribution stabilizer provisions were repealed. Postretirement benefit increases were changed from 1.00% per year with a provision to increase to 2.50% upon attainment of 90.00% funding ratio to 50.00% of the Social Security Cost of Living Adjustment, not less than 1.00% and not more than 1.50%, beginning January 1, 2019. For retirements on or after January 1, 2024, the first benefit increase is delayed until the retiree reaches normal retirement age; does not apply to Rule of 90 retirees, disability benefit recipients, or survivors. Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. 2017 Changes Changes in Actuarial Assumptions The CSA loads were changed from 0.8% for active members and 60% for vested and non-vested deferred members. The revised CSA loads are now 0.0% for active member liability, 15% for vested deferred member liability and 3% for non-vested deferred member liability. The assumed post-retirement benefit increase rate was changed from 1.0% per year for all years to 1.0% per year through 2044 and 2.5% per year thereafter. Changes in Plan Provisions The State's contribution for the Minneapolis Employees Retirement Fund equals $16,000,000 in 2017 and 2018, and $6,000,000 thereafter. The Employer Supplemental Contribution for the Minneapolis Employees Retirement Fund changed from $21,000,000 to $31,000,000 in calendar years 2019 to 2031. The State's contribution changed from $16,000,000 to $6,000,000 in calendar years 2019 to 2031. 2016 Changes Changes in Actuarial Assumptions The assumed post-retirement benefit increase rate was changed from 1.0% per year through 2035 and 2.5% per year thereafter to 1.0% per year for all future years. The assumed investment return was changed from 7.9% to 7.5%. The single discount rate was changed from 7.9% to 7.5%. Other assumptions were changed pursuant to the experience study dated June 30, 2015. The assumed future salary increases, payroll growth, the inflation was decreased by 0.25% to 3.25% for payroll growth and 2.50% for inflation. Changes in Plan Provisions There have been no changes since the prior valuation. 89 City of St. Joseph Notes to Required Supplementary Information GENERAL EMPLOYEES FUND (CONTINUED) 2015 Changes Changes in Actuarial Assumptions The assumed post-retirement benefit increase rate was changed from 1.0% per year through 2030 and 2.5% per year thereafter to 1.0% per year through 2035 and 2.5% per year thereafter. Changes in Plan Provisions On January 1, 2015, the Minneapolis Employees Retirement Fund was merged into the General Employees Fund, which increased the total pension liability by $1.1 billion and increased the fiduciary plan net position by $892 million. Upon consolidation, state and employer contributions were revised; the State's contribution of $6.0 million, which meets the special funding situation definition, was due September 2015. 90 City of St. Joseph Notes to Required Supplementary Information POLICE AND FIRE FUND 2020 Changes Changes in Actuarial Assumptions The mortality projection scale was changed from MP-2018 to MP-2019. Changes in Plan Provisions There have been no changes since the prior valuation. 2019 Changes Changes in Actuarial Assumptions The mortality projection scale was changed from MP-2017 to MP-2018. Changes in Plan Provisions There have been no changes since the prior valuation. 2018 Changes Changes in Actuarial Assumptions The mortality projection scale was changed from MP-2016 to MP-2017. Changes in Plan Provisions Postretirement benefit increases were changed to 1.00% for all years, with no trigger. An end date of July 1, 2048 was added to the existing $9.0 million state contribution. New annual state aid will equal $4.5 million in fiscal years 2019 and 2020, and $9.0 million thereafter until the plan reaches 100% funding, or July 1, 2048, if earlier. Member contributions were changed from 10.80% to 11.30% of pay, effective January 1, 2019 and 11.80% of pay, effective January 1, 2020. Employer contributions were changed from 16.20% to 16.95% of pay, effective January 1, 2019 and 17.70% of pay, effective January 1, 2020. Interest credited on member contributions decreased from 4.00% to 3.00%, beginning July 1, 2018. Deferred augmentation was changed to 0.00%, effective January 1, 2019. Augmentation that has already accrued for deferred members will still apply. Actuarial equivalent factors were updated to reflect revised mortality and interest assumptions. 2017 Changes Changes in Actuarial Assumptions Assumed salary increases were changed as recommended in the June 30, 2016 experience study. The net effect is proposed rates that average 0.34% lower than the previous rates. Assumed rates of retirement were changed, resulting in fewer retirements. The CSA load was 30% for vested and non-vested deferred members. The CSA has been changed to 33% for vested members and 2% for non-vested members. The base mortality table for healthy annuitants was changed from the RP-2000 fully generational table to the RP-2014 fully generational table (with a base year of 2006), with male rates adjusted by a factor of 0.96. The mortality improvement scale was changed from Scale AA to Scale MP- 2016. The base mortality table for disabled annuitants was changed from the RP-2000 disabled mortality table to the mortality tables assumed for healthy retirees. 91 City of St. Joseph Notes to Required Supplementary Information POLICE AND FIRE FUND (CONTINUED) 2017 Changes (Continued) Changes in Actuarial Assumptions (Continued) Assumed termination rates were decreased to 3% for the first three years of service. Rates beyond the select period of three years were adjusted, resulting in more expected terminations overall. Assumed percentage of married female members was decreased from 65% to 60%. Assumed age difference was changed from separate assumptions for male members (wives assumed to be three years younger) and female members (husbands assumed to be four years older) to the assumption that males are two years older than females. The assumed percentage of female members electing Joint and Survivor annuities was increased. The assumed post-retirement benefit increase rate was changed from 1% for all years to 1% per year through 2064 and 2.5% thereafter. The single discount rate was changed from 5.6% per annum to 7.5% per annum. Changes in Plan Provisions There have been no changes since the prior valuation. 2016 Changes Changes in Actuarial Assumptions The assumed post-retirement benefit increase rate was changed from 1.0% per year through 2037 and 2.5% thereafter to 1.0% per year for all future years. The assumed investment return was changed from 7.9% to 7.5%. The single discount rate changed from 7.9% to 5.6%. The single discount rate changed from 7.90% to 5.60%. The assumed future salary increases, payroll growth, and inflation were decreased by 0.25% to 3.25% for payroll growth and 2.50% for inflation. Changes in Plan Provisions There have been no changes since the prior valuation. 2015 Changes Changes in Actuarial Assumptions The assumed post-retirement benefit increase rate was changed from 1.0% per year through 2030 and 2.5% per year thereafter to 1.0% per year through 2037 and 2.5% per year thereafter. Changes in Plan Provisions The post-retirement benefit increase to be paid after attainment of the 90% funding threshold was changed, from inflation up to 2.5%, to a fixed rate of 2.5%. 92 City of St. Joseph Notes to Required Supplementary Information FIRE RELIEF ASSOCIATION 2020 Changes Changes in Plan Provisions The benefit level increased from $2,100 to $2,300 per year. Changes in Actuarial Assumptions The discount rate was changed from 5.25% to 4.75%. 93 (THIS PAGE LEFT BLANK INTENTIONALLY) 94 SUPPLEMENTARY INFORMATION 95 City of St. Joseph Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual - General Fund Year Ended December 31, 2020 Variance with Original and Actual Final Budget - Final BudgetAmounts Over (Under) Revenues Property taxes$ 1,924,845$ 1,931,867$ 7,022 Sales taxes - 4 4 Miscellaneous taxes 8,000 4,010 (3,990) Special assessments 4,000 3,389 (611) Franchise fees 138,820 132,991 (5,829) Licenses and permits 181,510 178,139 (3,371) Intergovernmental revenue Local government aid 1,125,345 1,129,651 4,306 Fire aid 52,000 61,815 9,815 Police aid 82,000 83,484 1,484 Federal grants 750 719,125 718,375 State grants 59,100 75,120 16,020 Other grants and aids 26,400 33,068 6,668 Total intergovernmental revenue 1,345,595 2,102,263 756,668 Charges for services General government 41,360 48,448 7,088 Public safety 288,165 292,358 4,193 Public works 4,135 3,944 (191) Culture and recreation 96,405 86,239 (10,166) Total charges for services 430,065 430,989 924 Fines and forfeitures 67,000 43,317 (23,683) Miscellaneous revenues Investment income 53,000 81,153 28,153 Contributions and donations 3,900 2,304 (1,596) Other 41,550 34,809 (6,741) Total miscellaneous revenues 98,450 118,266 19,816 Total revenues 4,198,285 4,945,235 746,950 Expenditures General government Mayor and council 88,455 92,163 3,708 Administrative and finance 532,520 538,978 6,458 Other general government 421,825 388,936 (32,889) Capital outlay 6,000 72,014 66,014 Total general government 1,048,800 1,092,091 43,291 96 City of St. Joseph Schedule of Revenues, Expenditures, and Changes in Fund Balance - Budget and Actual - General Fund Year Ended December 31, 2020 Variance with Original and Actual Final Budget - Final BudgetAmounts Over (Under) Expenditures Public safety Police Current$ 1,314,640$ 1,204,344$ (110,296) Capital outlay - 193,256 193,256 Total police 1,314,640 1,397,600 82,960 Fire Current 408,905 434,482 25,577 Capital outlay 80,550 49,109 (31,441) Total fire 489,455 483,591 (5,864) Other Current 101,350 102,230 880 Total public safety 1,905,445 1,983,421 77,976 Public works Streets and highways Street maintenance and storm sewers 321,590 310,877 (10,713) Snow and ice removal 135,170 115,664 (19,506) Street engineering 35,000 30,685 (4,315) Capital outlay 139,400 277,198 137,798 Total public works 631,160 734,424 103,264 Culture and recreation Current 479,790 429,568 (50,222) Capital outlay - 32,695 32,695 Total culture and recreation 479,790 462,263 (17,527) Economic development: Economic development: Economic development current expenditures - 201,414 201,414 Total expenditures 4,065,195 4,473,613 408,418 Excess of revenues over expenditures 133,090 471,622 338,532 Other Financing Sources (Uses) Insurance recoveries 2,000 - (2,000) Sale of property 200 - (200) Transfers in 56,640 61,161 4,521 Transfers out - (297,256) (297,256) Total other financing sources (uses) 58,840 (236,095) (294,935) Net change in fund balances$ 191,930 235,527$ 43,597 Fund Balances Beginning of year2,578,428 End of year$ 2,813,955 97 City of St. Joseph Combining Balance Sheet - Nonmajor Governmental Funds December 31, 2020 Special Revenue Economic TIF 2-1 Development Millstream TIF 2-2 St. TIF 2-3 Bayou Authority Shops and Joseph Meat Blues/ Alley (150)Lofts (157)Market (158)Flat (159) Assets Cash and investments$ 111,122$ 32,822$ 334$ 3,372 Cash with fiscal agent - - - - Taxes receivable - delinquent 2,112 - - - Special assessments receivable Delinquent - - - - Deferred - - - - Accounts receivable - - - - Interest receivable 110 64 2 2 Due from other funds 12,500 - - - Due from other governments 6,963 1,880 - - Notes receivable - - - - Total assets$ 132,807$ 34,766$ 336$ 3,374 Liabilities Accounts payable$ 16,122$ 1,692$ 8$ 13 Contracts payable - - - - Due to other funds - - - 12,500 Due to other governments - - - - Salaries and benefits payable 576 - - - Total liabilities 16,698 1,692 8 12,513 Deferred Inflows of Resources Unavailable revenue - property taxes 2,112 - - - Unavailable revenue - special assessments - - - - Unavailable revenue - notes receivable - - - - 2,112 - - - Total deferred inflows of resources Fund Balances Restricted - 33,074 328 - Committed 113,997 - - - Assigned - - - - Unassigned - - - (9,139) Total fund balances 113,997 33,074 328 (9,139) Total liabilities, deferred inflows of resources, and fund balances$ 132,807$ 34,766$ 336$ 3,374 98 Special Revenue TIF 4-1 State Fortitude Collected Park Charitable Senior Sales Tax Dedication Gambling Lodging Tax Revolving Deed Housing Housing (153)(200)(205)(215)(220)Loan (250)(225) $ 11,149$ 1,247,302$ 206,207$ 647$ 22,164$ 211,384$ 47,311 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 32 - 21 - - 19 2,011 329 3 55 457 91 - - - - - - - - 105,891 204 - - - - - - - - - 79,638 - $ 11,168$ 1,355,204$ 206,772$ 650$ 22,240$ 291,479$ 47,402 $ 51$ -$ 244$ -$ -$ 20$ - - 30,043 - - - - - - - - - - - - - - - - - - - - - - - - - - 51 30,043 244 - - 20 - - - - - - - - - - - - - - - - - - - - 79,425 - - - - - - 79,425 - 11,117 1,325,161 206,528 650 22,240 11,979 47,402 - - - - - 200,055 - - - - - - - - - - - - - - - 11,117 1,325,161 206,528 650 22,240 212,034 47,402 $ 11,168$ 1,355,204$ 206,772$ 650$ 22,240$ 291,479$ 47,402 99 City of St. Joseph Combining Balance Sheet - Nonmajor Governmental Funds December 31, 2020 Debt Service G.O. G.O. G.O. G.O. Tax Improvement Improvement Improvement Abatement Bonds of Bonds of Bonds of Bonds of 2010B (345)2014A (350)2015A (351)2015B (353) Assets Cash and investments$ 111,392$ 130,567$ 103,281$ 46,386 Cash with fiscal agent - 1,309,547 - - Taxes receivable - delinquent 116 1,505 1,108 - Special assessments receivable Delinquent - - - - Deferred 63,686 74,834 83,027 - Accounts receivable - - 2,686 - Interest receivable 262 - 281 257 Due from other funds - - - - Due from other governments 140 1,018 1,071 - Notes receivable - - - - Total assets$ 175,596$ 1,517,471$ 191,454$ 46,643 Liabilities Accounts payable$ 79$ -$ 79$ 6,825 Contracts payable - - - - Due to other funds - - - - Due to other governments - - - - Salaries and benefits payable - - - - Total liabilities 79 - 79 6,825 Deferred Inflows of Resources Unavailable revenue - property taxes 116 1,505 1,108 - Unavailable revenue - special assessments 63,686 74,834 83,027 - Unavailable revenue - notes receivable - - - - 63,802 76,339 84,135 - Total deferred inflows of resources Fund Balances Restricted 111,715 1,441,132 107,240 39,818 Committed - - - - Assigned - - - - Unassigned - - - - Total fund balances 111,715 1,441,132 107,240 39,818 Total liabilities, deferred inflows of resources, and fund balances$ 175,596$ 1,517,471$ 191,454$ 46,643 100 Debt Service G.O. Capital G.O. Capital G.O. 2018A G.O. Improvement Improvement Improvement Improvement Equipment Debt Service Improvement Plan Bonds of Bonds of Bonds of Bonds of Certificate Relief Fund Bonds of 2016A (301)2016B (304)2017A (303)2017B (305)(306)(390)2019A (307) $ 35,329$ 258,985$ 83,571$ 36,330$ 2,376$ 735,685$ 111,146 - - - - - - - 4,252 74 - 251 853 1,509 324 - - - 504 - 1,804 - - 595,129 - 50,130 - 223,386 454,287 - - - - - - 1,394 176 580 483 100 55 1,458 1,166 - - - - - - - 2,477 49 - 1,233 563 1,663 4,781 - - 233,007 - - - - $ 42,234$ 854,817$ 317,061$ 88,548$ 3,847$ 965,505$ 573,098 $ 79$ 79$ 79$ 79$ 79$ -$ 79 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 79 79 79 79 79 - 79 4,252 74 - 251 853 1,509 324 - 595,129 - 50,634 - 225,190 454,287 - - 231,776 - - - - 4,252 595,203 231,776 50,885 853 226,699 454,611 37,903 259,535 85,206 37,584 2,915 - 118,408 - - - - - - - - - - - - 738,806 - - - - - - - - 37,903 259,535 85,206 37,584 2,915 738,806 118,408 $ 42,234$ 854,817$ 317,061$ 88,548$ 3,847$ 965,505$ 573,098 101 City of St. Joseph Combining Balance Sheet - Nonmajor Governmental Funds December 31, 2020 Debt Service G.O. 2020A G.O. G.O. Capital Improvement Equipment Improvement Improvement Bonds of Certificate Bond of Bonds of 2013A/2020B (309)2020B (310)2020B (312)(313) Assets Cash and investments$ 4,916$ 17,566$ 14,031$ 52,210 Cash with fiscal agent - - - - Taxes receivable - delinquent - - - 279 Special assessments receivable Delinquent - - - - Deferred - 144,897 - 22,182 Accounts receivable - - - - Interest receivable 191 140 111 141 Due from other funds - - - - Due from other governments - - - 599 Notes receivable - - - - Total assets$ 5,107$ 162,603$ 14,142$ 75,411 Liabilities Accounts payable$ 2,560$ 79$ 79$ 79 Contracts payable - - - - Due to other funds - - - - Due to other governments - - - - Salaries and benefits payable - - - - Total liabilities 2,560 79 79 79 Deferred Inflows of Resources Unavailable revenue - property taxes - - - 279 Unavailable revenue - special assessments - 144,897 - 22,182 Unavailable revenue - notes receivable - - - - - 144,897 - 22,461 Total deferred inflows of resources Fund Balances Restricted 2,547 17,627 14,063 52,871 Committed - - - - Assigned - - - - Unassigned - - - - Total fund balances 2,547 17,627 14,063 52,871 Total liabilities, deferred inflows of resources, and fund balances$ 5,107$ 162,603$ 14,142$ 75,411 102 Debt ServiceCapital Projects Crossover Improvement Jacob 2019 2020 2020 20th Bonds of Wetterling 2019 Street Industrial Equipment Avenue 2021 Street 2014A/2020C Recreation Overlay Park Project Certificates Watermain Overlay (314)Center (402)Project (407)(408)(409)Loop (410)Project (411) $ 1,264$ 3,185 $ 149,845 $ 372,831 $ 53,980 $ 399,144 $ 484 19,669 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 343 6 - - - - - - - - - - - - - - - - - - - - - - - - - - $ 21,276$ 3,191 $ 149,845 $ 372,831 $ 53,980 $ 399,144 $ 484 $ 79$ -$ 1,416 $ 986 $ 2,676 $ 993 $ 16,762 - - 27,966 156,137 - 8,147 - - - - - - - 33,000 - - - - - - - - - - - - - - 79 - 29,382 157,123 2,676 9,140 49,762 - - - - - - - - - - - - - - - - - - - - - - - - - - - - 21,197 - - - - - - - - - - - - - - 3,191 120,463 215,708 51,304 390,004 - - - - - - - (49,278) 21,197 3,191 120,463 215,708 51,304 390,004 (49,278) $ 21,276$ 3,191 $ 149,845 $ 372,831 $ 53,980 $ 399,144 $ 484 103 (THIS PAGE LEFT BLANK INTENIONALLY) 104 City of St. Joseph Combining Balance Sheet - Nonmajor Governmental Funds December 31, 2020 Capital Projects General Total Capital Water Access Sewer Access Governmental Outlay (490)Fund (501)Fund (502)Funds Assets Cash and investments$ 601,724 $ 499,391 $ 28,754 $ 5,748,187 Cash with fiscal agent - - - 1,329,216 Taxes receivable - delinquent - - - 12,383 Special assessments receivable Delinquent - - - 2,308 Deferred - - - 1,711,558 Accounts receivable 665 - - 4,798 Interest receivable - - - 8,893 Due from other funds - - - 12,500 Due from other governments 1,377 - - 129,909 Notes receivable - - - 312,645 Total assets$ 603,766 $ 499,391 $ 28,754 $ 9,272,397 Liabilities Accounts payable$ -$ -$ -$ 51,316 Contracts payable - - - 222,293 Due to other funds - - - 45,500 Due to other governments 2,152 - - 2,152 Salaries and benefits payable - - - 576 Total liabilities 2,152 - - 321,837 Deferred Inflows of Resources Unavailable revenue - property taxes - - - 12,383 Unavailable revenue - special assessments - - - 1,713,866 Unavailable revenue - notes receivable - - - 311,201 - - - 2,037,450 Total deferred inflows of resources Fund Balances Restricted - - - 4,008,240 Committed - - - 314,052 Assigned 601,614 499,391 28,754 2,649,235 Unassigned - - - (58,417) Total fund balances 601,614 499,391 28,754 6,913,110 Total liabilities, deferred inflows of resources, and fund balances$ 603,766 $ 499,391 $ 28,754 $ 9,272,397 105 City of St. Joseph Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds Year Ended December 31, 2020 Special Revenue TIF 2-1 Economic Millstream TIF 2-2TIF 2-3 Bayou Development Shops and St. Joseph Meat Blues/Alley Authority (150)Lofts (157)Market (158)Flat (159) Revenues Property taxes$ 151,383$ -$ -$ - Tax increments - 40,726 4,348 14,282 Sales taxes - - - - Lodging taxes - - - - Special assessments - - - - Intergovernmental 14,242 - - - Charges for services - - - - Miscellaneous Investment income 1,376 879 29 28 Contributions and donations - - - - Revolving loan repayments - - - - Other - - - - Total revenues 167,001 41,605 4,377 14,310 Expenditures Current Public works - - - - Culture and recreation - - - - Economic development 106,998 38,673 4,254 13,961 Debt service Principal - - - - Interest and other charges - - - - Capital outlay General government - - - - Public safety - - - - Public works - - - - Culture and recreation - - - - Economic development 670 - - - Total expenditures 107,668 38,673 4,254 13,961 Excess of revenues over (under) expenditures 59,333 2,932 123 349 Other Financing Sources (Uses) Sale of property 24,500 - - - Bonds issued - - - - Refunding bonds issued - - - - Bond premium - - - - Transfers in - - - - Transfers out (10,536) - - (94) Total other financing sources (uses) 13,964 - - (94) Net change in fund balances 73,297 2,932 123 255 Fund Balances Beginning of year 40,700 30,142 205 (9,394) End of year$ 113,997$ 33,074$ 328$ (9,139) 106 Special Revenue TIF 3-1 Central TIF 4-1 Minnesota Fortitude Park Charitable Credit Union Senior Housing State Collected Dedication Gambling Lodging Tax Revolving (152)(153)Sales Tax (200)(205)(215)(220)Loan (250) $ -$ -$ -$ 20,000$ -$ -$ - 45,058 56,565 - - - - - - - 505,814 - - - - - - - - - 4,914 - - - - - - - - - - - - - - - - - - 46,975 - - - 137 264 27,611 4,519 46 757 5,688 - - - 30,298 400 5,000 - - - - - - - 9,258 - - - - - - 350 45,195 56,829 533,425 101,792 446 10,671 15,296 - - - - - - - - - - 2,624 1,985 - - 48,369 52,055 - - - 23,217 35,517 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1,376 2,128 - - - - - - - - - - 48,369 52,055 1,376 4,752 1,985 23,217 35,517 (3,174) 4,774 532,049 97,040 (1,539) (12,546) (20,221) - - - - - - - - - - - - - - - - - - - - - - - - - - - - 36 94 - 6,600 - - 10,500 - - (180,000) - - - - 36 94 (180,000) 6,600 - - 10,500 (3,138) 4,868 352,049 103,640 (1,539) (12,546) (9,721) 3,138 6,249 973,112 102,888 2,189 34,786 221,755 $ -$ 11,117$ 1,325,161$ 206,528$ 650$ 22,240$ 212,034 107 City of St. Joseph Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds Year Ended December 31, 2020 Special RevenueDebt Service G.O. G.O. Improvement G.O. Improvement Bonds of Improvement Bonds of Deed Housing 2005B/2010B Bonds of 2011A/2006C (225)(333)2013A (348)(338) Revenues Property taxes$ -$ 210$ 24,734$ 59,504 Tax increments - - - - Sales taxes - - - - Lodging taxes - - - - Special assessments - 28,180 8,974 34,221 Intergovernmental - - - - Charges for services - - - - Miscellaneous Investment income 1,246 1,832 1,700 1,266 Contributions and donations - - - - Revolving loan repayments - - - - Other 16,221 - - - Total revenues 17,467 30,222 35,408 94,991 Expenditures Current Public works - - - - Culture and recreation - - - - Economic development 3,125 - - - Debt service Principal - 135,000 235,000 275,000 Interest and other charges - 3,308 6,230 7,318 Capital outlay General government - - - - Public safety - - - - Public works - - - - Culture and recreation - - - - Economic development - - - - Total expenditures 3,125 138,308 241,230 282,318 Excess of revenues over (under) expenditures 14,342 (108,086) (205,822) (187,327) Other Financing Sources (Uses) Sale of property - - - - Bonds issued - - - - Refunding bonds issued - - 190,000 - Bond premium - - - - Transfers in - 33,234 - 131,738 Transfers out - - (52,187) - Total other financing sources (uses) - 33,234 137,813 131,738 Net change in fund balances 14,342 (74,852) (68,009) (55,589) Fund Balances Beginning of year 33,060 74,852 68,009 55,589 End of year$ 47,402$ -$ -$ - 108 Debt Service G.O. G.O. G.O. G.O. G.O. G.O. Tax G.O. Capital Improvement Certificates of Improvement Improvement Certificates of Abatement Improvement Bonds of Indebtedness of Bonds of Bonds of Indebtedness Bonds of Plan Bonds of 2010B (345)2011A (346)2014A (350)2015A (351)2015A (352)2015B (353)2016A (301) $ 9,993$ 20,740$ 105,042$ 20,105$ 37,489$ -$ 255,342 - - - - - - - - - - - - - - - - - - - - - 23,273 - 20,679 36,119 - - - - - - - - - - - 20,305 - - - - - 3,595 160 4,275 3,862 486 3,527 2,410 - - - - - - - - - - - - - - - - - - - - - 36,861 41,205 129,996 60,086 37,975 3,527 257,752 - - - - - - - - - - - - - - - - - - - - - 55,000 85,000 120,000 60,000 35,000 115,000 185,000 10,418 2,288 44,835 9,231 700 46,529 86,121 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 65,418 87,288 164,835 69,231 35,700 161,529 271,121 (28,557) (46,083) (34,839) (9,145) 2,275 (158,002) (13,369) - - - - - - - - - - - - - - - - 1,309,547 - - - - - - - - - - - 13,250 46,478 - - - 160,000 - - - - - (4,521) - - 13,250 46,478 1,309,547 - (4,521) 160,000 - (15,307) 395 1,274,708 (9,145) (2,246) 1,998 (13,369) 127,022 (395) 166,424 116,385 2,246 37,820 51,272 $ 111,715$ -$ 1,441,132$ 107,240$ -$ 39,818$ 37,903 109 City of St. Joseph Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds Year Ended December 31, 2020 Debt Service G.O. Capital G.O. 2018A Improvement Improvement Improvement Equipment Bonds of Bonds of Bonds of Certificate 2016B (304)2017A (303)2017B (305)(306) Revenues Property taxes$ 4,998$ -$ 19,982$ 57,969 Tax increments - - - - Sales taxes - - - - Lodging taxes - - - - Special assessments 22,344 - 20,589 - Intergovernmental - - - - Charges for services - - - - Miscellaneous Investment income 7,963 2,930 1,368 760 Contributions and donations - - - - Revolving loan repayments - - - - Other - 36,000 - - Total revenues 35,305 38,930 41,939 58,729 Expenditures Current Public works - - - - Culture and recreation - - - - Economic development - - - - Debt service Principal 50,000 42,000 35,000 52,000 Interest and other charges 12,929 7,433 7,519 5,880 Capital outlay General government - - - - Public safety - - - - Public works - - - - Culture and recreation - - - - Economic development - - - - Total expenditures 62,929 49,433 42,519 57,880 Excess of revenues over (under) expenditures (27,624) (10,503) (580) 849 Other Financing Sources (uses) Sale of property - - - - Bonds issued - - - - Refunding bonds issued - - - - Bond premium - - - - Transfers in 20,000 - - - Transfers out - - - - Total other financing sources (uses) 20,000 - - - Net change in fund balances (7,624) (10,503) (580) 849 Fund Balances Beginning of year 267,159 95,709 38,164 2,066 End of year$ 259,535$ 85,206$ 37,584$ 2,915 110 Debt Service G.O. Taxable G.O. Crossover G.O. 2020A G.O. G.O. Capital Improvement Improvement Debt Service Improvement Equipment Improvement Improvement Bonds of Bonds of Relief Fund Bonds of Certificate Bond of 2020B Bonds of 2013A/2020B 2014A/2020C (390)2019A (307)(309)(310)2020B (312)(313)(314) $ 859$ 74,676$ -$ -$ -$ 242$ - - - - - - - - - - - - - - - - - - - - - - 10,735 128,315 - - - 358 - - - - - - - - - - - - - - - 16,925 16,005 2,627 1,923 1,522 232 434 26,768 - - - - - - - - - - - - - - - - - - - - 55,287 218,996 2,627 1,923 1,522 832 434 16,321 - - - - - - - - - - - - - - - - - - - - - 155,000 - - - - - - 92,880 2,561 16,699 18,430 5,134 34,690 - - - - - - - - - - - - - - 41,279 - - - - - - - - - - - - - - - - - - - - 57,600 247,880 2,561 16,699 18,430 5,134 34,690 (2,313) (28,884) 66 (14,776) (16,908) (4,302) (34,256) - - - - - - - - - 2,481 940 22 - - - - - - - - 55,453 - - - 31,463 30,124 4,986 - 200,000 - - - 825 52,187 - (146,972) - - - - - - 53,028 - 2,481 32,403 30,971 57,173 55,453 50,715 (28,884) 2,547 17,627 14,063 52,871 21,197 688,091 147,292 - - - - - $ 738,806$ 118,408$ 2,547$ 17,627$ 14,063$ 52,871$ 21,197 111 City of St. Joseph Combining Statement of Revenues, Expenditures, and Changes in Fund Balances - Nonmajor Governmental Funds Year Ended December 31, 2020 Capital Projects Jacob 2018 2020 Wetterling Equipment 2019 Street 2019 Equipment Recreation Certificate Overlay Industrial Park Certificates Center (402)(406)Project (407)Project (408)(409) Revenues Property taxes$ - $ - $ - $ - $ - Tax increments - - - - - Sales taxes - - - - - Lodging taxes - - - - - Special assessments - - - - - Intergovernmental - - - 155,287 - Charges for services - - - - - Miscellaneous Investment income 86 - - - - Contributions and donations - - - - - Revolving loan repayments - - - - - Other - - - - - Total revenues 86 - - 155,287 - Expenditures Current Public works - - - - - Culture and recreation - - - - - Economic development - - - - - Debt service Principal - - - - - Interest and other charges - - - - 12,000 Capital outlay General government - 7,298 - - 12,892 Public safety - 15,947 - - 25,700 Public works - 5,525 743,456 968,506 86,808 Culture and recreation - 5,083 - - 28,815 Economic development - - - - - Total expenditures - 33,853 743,456 968,506 166,215 Excess of revenues over (under) expenditures 86 (33,853) (743,456) (813,219) (166,215) Other Financing Sources (uses) Sale of property - - - - - Bonds issued - - - - 217,519 Refunding bonds issued - - - - - Bond premium - - - - - Transfers in - - - - - Transfers out - (4,330) - (208,300) - Total other financing sources (uses) - (4,330) - (208,300) 217,519 Net change in fund balances 86 (38,183) (743,456) (1,021,519) 51,304 Fund Balances Beginning of year 3,105 38,183 863,919 1,237,227 - End of year$ 3,191$ - $ 120,463 $ 215,708 $ 51,304 112 Capital Projects 2020 Public 2020 20th Works Avenue 2021 Street Building General Total Other Watermain Overlay Expansion Capital Outlay Water Access Sewer Access Governmental Loop (410)Project (411)(412)(490)Fund (501)Fund (502)Funds $ - $ - $ - $ 134,700 $ - $ - $ 997,968 - - - - - - 160,979 - - - - - - 505,814 - - - - - - 4,914 - - - - - - 333,787 - - - - - - 169,529 - - - - 203,500 138,500 409,280 - - - - 14,578 1,550 134,596 - - - - - - 62,466 - - - - - - 9,258 - - - 665 - - 53,236 - - - 135,365 218,078 140,050 2,841,827 - - - - - - 16,321 - - - - - - 4,609 - - - - - - 326,169 - - - - - - 1,634,000 - - - - - - 433,133 - - - 15,361 - - 35,551 - - - 7,308 - - 48,955 238,056 49,278 696,653 29,910 - - 2,859,471 - - - 43,009 - - 80,411 - - - - - - 670 238,056 49,278 696,653 95,588 - - 5,439,290 (238,056) (49,278) (696,653) 39,777 218,078 140,050 (2,597,463) - - - 30,873 - - 55,373 624,060 - 689,978 - - - 1,535,000 - - - - - - 1,555,000 4,000 - 7,500 - - - 78,073 - - - - - - 674,942 - - (825) - (200,000) (140,000) (947,765) 628,060 - 696,653 30,873 (200,000) (140,000) 2,950,623 390,004 (49,278) - 70,650 18,078 50 353,160 - - - 530,964 481,313 28,704 6,559,950 $ 390,004 $ (49,278)$ - $ 601,614 $ 499,391 $ 28,754$ 6,913,110 113 (THIS PAGE LEFT BLANK INTENIONALLY) 114 Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards Independent Auditor's Report Honorable Mayor and Members of the City Council City of St. Joseph St. Joseph, Minnesota We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Joseph, Minnesota, as of and for the year ended December 31, 2020, and the related notes to financial statements, which collectively comprise the City's basic financial statements, and have issued our report thereon dated May 5, 2021. Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the City's financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We did identify a certain deficiency in internal control, as described in the accompanying Schedule of Finding and Response on Internal Control that we consider to be a material weakness, listed as audit finding 2020-001. 115 Compliance andOther Matters As part ofobtaining reasonable assurance about whetherthe City'sfinancial statements arefree from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contractsand grant agreements, noncompliance with which could havea direct and material effect on thefinancial statements.However, providing an opinion on compliancewiththose provisions was not an objective of our audit, and accordingly, we do not express such an opinion.The resultsof ourtests disclosed no instances of noncompliance or other mattersthat are required to be reported under Government AuditingStandards. City'sResponse to Findings The City's response to the findingidentified in ouraudit isdescribed in the accompanyingSchedule of Finding and Response on Internal Control.The City'sresponse was not subjected to theauditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the resultsof that testing, and not to provide an opinion on the effectiveness of the City's internal control or oncompliance.This report is an integral part of an audit performed inaccordance withGovernment Auditing Standardsin considering the City'sinternal control and compliance. Accordingly, this communication is not suitable for anyother purpose. St. Cloud, Minnesota May5,2021 116 MinnesotaLegal Compliance IndependentAuditor's Report Honorable MayorandMembers of the City Council CityofSt.Joseph St.Joseph,Minnesota We have audited, inaccordance with auditing standards generally accepted inthe United States of America,andthestandards applicable to financialaudits contained in Government Auditing Standards, issued by the Comptroller General of the United States, the financial statements of the governmental activities, thebusiness-type activities, each major fund,and theaggregate remaining fund informationof theCity of St.Joseph, Minnesota,as of and for the year endedDecember 31, 2020,andthe related notes tofinancial statements,which collectively comprise the City's basic financial statements, and have issued ourreport thereon dated May5,2021. In connection with our audit, nothing came to our attention that causedus to believe that theCityfailed to comply with the provisions of the contracting and bidding, deposits and investments, conflicts of interest,public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financing sections of the Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor pursuant to Minn. Stat.§ 6.65, insofar as they relatetoaccounting matters.However, our audit was not directed primarily toward obtaining knowledge of such noncompliance.Accordingly, had we performed additional procedures, other mattersmay havecome to our attention regarding the City's noncompliance with the above referenced provisions, insofar as they relate to accounting matters. The purpose of this report is solely to describe the scopeof our testing of compliance and the results of that testing, and notto provide an opinion oncompliance. Accordingly, this communication is not suitable for any other purpose. St. Cloud, Minnesota May5,2021 117 CityofSt. Joseph Schedule of Findingand Response on InternalControl CURRENTAND PRIORYEAR INTERNAL CONTROL FINDING Material Weakness Audit Finding 2020-001Improve Segregation ofAccountingDuties Adequate segregation ofaccounting duties is in place when the four areas of a transaction have been separated: authorization, custody, recording,and reconciliation. As part of this year's audit, we reviewedthe City's documentation of its internal control over significant areas including: cash receipts, cash disbursements, capital assets, payroll,and utility billing.The lack of adequate segregation of accounting duties could adversely affectthe City's ability to initiate,record, process,andreport financial data consistent with the assertions of management in the financial statements.Some of the areas in which we noticed a lack of segregation or an overlap in duties are as follows: Cash Receipts The Accounting Technician opens mail, enters cash and checks into the point-of-salesystem, reconcile daily receipts, and sends late notices/calculates penalties. The Police Records Specialist records police receipts, receives payments, and reconciles the collections. A police officer takesthe deposit to the bank. Cash Disbursements The Finance Directorisalsoan authorized signer and has access to the Mayor'selectronic signature.The Administrator reviews and approves checks for payment.At year-end, the Finance Director reconciles and recordsaccounts and contracts payable. Capital Assets The Senior Accountant enters invoices, reconciles billing discrepancies, maintains asset listing included additions, andcalculates depreciation. Finance Director reviewslisting and records journal entry. Payroll The Finance Director and Senior Accountant both have theability to make changes to payroll, process payroll, make changes to time off accruals and change pay rates. The Senior Accountant reconciles payroll accruals. The Finance Director reviews payroll reports and time off balances andcalculates compensated absences balances for the audit. Utility Billing The Account Technicianenters new accounts into the utility billing system and uploads meter readings viainterfacing with electronic readers.The Account Technicianenters any rate changes to the system and can enter manual adjustments. The Account Technician calculates and enters final bills, prints, and mails utility bills, reconciles receipts to billed amounts,and enters receipts batches. 118 City of St. Joseph Schedule of Finding and Response on Internal Control CURRENT AND PRIOR YEAR INTERNAL CONTROL FINDING(CONTINUED) Material Weakness (Continued) Audit Finding 2020-001 Improve Segregationof AccountingDuties(Continued) CashReconciliation andAccess The FinanceDirector performs theabove notedresponsibilities, while also reconciling cash, and generating manual journal entries. During the course of our audit, we proposed a material audit adjustment that may not have been identified as a result of the City'sexisting internal control and, therefore, could have resulted in a material misstatement of the financial statements. City's Response The City Council and City staff are aware of the limited personnelhandlingthe City's financial matters. The processesand internal controls are reviewed frequently to look for ways to improve internal controls.The department heads,City Clerk, City Administrator and City Council each have active roles inmonitoring the financialmatters ofthe City to provided additional oversight.Itisunlikely complete segregationof accountings duties will be achieveddue to the cost of hiring several additional staff. 119 City of St. Joseph Communications Letter December 31, 2020 City of St. Joseph Table of Contents Report on Matters Identified as a Result of the Audit of the Financial Statements 1 Material Weakness 3 Required Communication 5 Financial Analysis 9 Emerging Issue 23 Report on Matters Identified as a Result of the Audit of the Financial Statements Honorable Mayor, Members of the City Council and Management City of St. Joseph St. Joseph, Minnesota In planning and performing our audit of the financial statements of the governmental activities, business-type activities, each major fund, and the aggregate remaining fund information of the City of St. Joseph, Minnesota, as of and for the year ended December 31, 2020, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, we considered the City's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do not express an opinion on the effectiveness of the City's internal control over financial reporting. Our consideration of internal control was for the limited purpose described in the preceding paragraph and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and, therefore, material weaknesses or significant deficiencies may exist that have not been identified. In addition, because of inherent limitations in internal control, including the possibility of management override of controls, misstatements due to error, or fraud may occur and not be detected by such controls. However, as discussed below, we identified a certain deficiency in internal control that we consider to be a material weakness. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the City's financial statements will not be prevented, or detected and corrected, on a timely basis. A reasonable possibility exists when the likelihood of an event occurring is either reasonably possible or probable as defined as follows: Reasonably possible. The chance of the future event or events occurring is more than remote but less than likely. Probable. The future event or events are likely to occur. The material weakness identified is stated within this letter. 1 A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. The accompanying memorandumalsoincludes financial analysis provided asa basis for discussion.The matters discussed herein were considered by us during our audit and they do not modify the opinion expressed in our Independent Auditor's Report dated May 5,2021,on such statements. This communication is intended solely for the information and use of the City Council,management, others within the City and state oversight agencies and is not intended to be,andshould not be,used by anyone other than these specified parties. St. Cloud,Minnesota May 5, 2021 2 City of St. Joseph Material Weakness Improve Segregation of Accounting Duties Adequate segregation of accounting duties is in place when the four areas of a transaction have been separated: authorization, custody, recording, and reconciliation. As part of this year's audit, we reviewed the City's documentation of its internal control over significant areas including: cash receipts, cash disbursements, capital assets, payroll, and utility billing. The lack of adequate segregation of accounting duties could adversely affect the City's ability to initiate, record, process, and report financial data consistent with the assertions of management in the financial statements. Some of the areas in which we noticed a lack of segregation or an overlap in duties are as follows: Cash Receipts The Accounting Technician opens mail, enters cash and checks into the point-of-sale system, reconcile daily receipts, and sends late notices/calculates penalties. The Police Records Specialist records police receipts, receives payments, and reconciles the collections. A police officer takes the deposit to the bank. Cash Disbursements The Finance Director is also an authorized signer and has access to the Mayor's electronic signature. The Administrator reviews and approves checks for payment. At year-end, the Finance Director reconciles and records accounts and contracts payable. Capital Assets The Senior Accountant enters invoices, reconciles billing discrepancies, maintains asset listing included additions, and calculates depreciation. Finance Director reviews listing and records journal entry. Payroll The Finance Director and Senior Accountant both have the ability to make changes to payroll, process payroll, make changes to time off accruals, and change pay rates. The Senior Accountant reconciles payroll accruals. The Finance Director reviews payroll reports and time off balances and calculates compensated absences balances for the audit. Utility Billing The Account Technician enters new accounts into the utility billing system and uploads meter readings via interfacing with electronic readers. The Account Technician enters any rate changes to the system and can enter manual adjustments. The Account Technician calculates and enters final bills, prints, and mails utility bills, reconciles receipts to billed amounts, and enters receipts batches. Cash Reconciliation and Access The Finance Director performs the above noted responsibilities, while also reconciling cash, and generating manual journal entries. During the course of our audit, we proposed a material audit adjustment that may not have been identified as a result of the City's existing internal control and, therefore, could have resulted in a material misstatement of the financial statements. 3 City of St. Joseph Material Weakness Improve Segregation of Accounting Duties (Continued) We recommend management and the City Council review the above deficiencies and improve segregation of accounting duties where possible to build upon the control environment. We also recommend the City closely follow its internal control plan and follow through with the control activities that have been designed. 4 City of St. Joseph Required Communication We have audited the financial statements of the governmental activities, business-type activities, each major fund, and the aggregate remaining fund information of the City as of and for the year ended December 31, 2020. Professional standards require that we advise you of the following matters related to our audit. Our Responsibility in Relation to the Financial Statement Audit As communicated in our engagement letter, our responsibility, as described by professional standards, is to form and express opinions about whether the financial statements prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of its respective responsibilities. Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City's internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the City solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control. We are also responsible for communicating significant matters related to the audit that are, in our professional judgement, relevant to your responsibilities in overseeing the financial reporting process. However, we are not required to design procedures for the purpose of identifying other matters to communicate to you. Generally accepted accounting principles provide for certain Required Supplementary Information (RSI) to supplement the basic financial statements. Our responsibility with respect to the RSI, which supplements the basic audit financial statements, is to apply certain limited procedures in accordance with generally accepted auditing standards. However, the RSI was not audited and, because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance, we do not express an opinion or provide any assurance on the RSI. Our responsibility for the supplementary information accompanying the financial statements, as described by professional standards, is to evaluate the presentation of the supplementary information in relation to the financial statements as a whole and to report on whether the supplementary information is fairly stated, in all material respects, in relation to the financial statements as a whole. Our Responsibility in Relation to Government Auditing Standards As communicated in our engagement letter, part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we performed tests of the City's compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, the objective of our tests was not to provide an opinion on compliance with such provisions. 5 City of St. Joseph Required Communication Planned Scope and Timing of the Audit We conducted our audit consistent with the planned scope and timing we previously communicated to you. Compliance with All Ethics Requirements Regarding Independence The engagement team, others in our firm, as appropriate, our firm, and our network firms have complied with all relevant ethical requirements regarding independence. Qualitative Aspects of Significant Accounting Practices Significant Accounting Policies Management has the responsibility to select and use appropriate accounting policies. A summary of the significant accounting policies adopted by the City is included in the notes to financial statements. There have been no initial selection of accounting policies and no changes to significant accounting policies or their application during 2020. No matters have come to our attention that would require us, under professional standards, to inform you about (1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus. Significant Accounting Estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management's current judgements. Those judgements are normally based on knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ markedly from management's current judgements. The most sensitive estimates affecting the financial statements were: Depreciation The City is currently depreciating its capital assets over their estimated useful lives, as determined by management, using the straight-line method. Net Pension Liability, Deferred Outflows of Resources Related to Pensions and Deferred Inflows of Resources Related to Pensions These balances are based on an allocation by the pension plans using estimates based on contributions. We evaluated the key factors and assumptions used to develop the accounting estimates and determined that they are reasonable in relation to the financial statements taken as a whole and in relation to the applicable opinion units. Financial Statement Disclosures Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The financial statement disclosures are neutral, consistent, and clear. Significant Difficulties Encountered during the Audit We encountered no significant difficulties in dealing with management relating to the performance of the audit. 6 City of St. Joseph Required Communication Uncorrected and Corrected Misstatements For the purposes of this communication, professional standards require us to accumulate all known and likely misstatements identified during the audit, other than those that we believe are trivial, and communicate them to the appropriate level of management. Further, professional standards require us to also communicate the effects of uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or disclosures, and the financial statements taken as a whole and each applicable opinion unit. We identified the following uncorrected misstatement of the financial statements. Management has determined its effect is immaterial, both individually and in the aggregate, to the financial statements taken as a whole. Prepaid expenditures In addition, professional standards require us to communicate to you all material, corrected misstatements that were brought to the attention of management as a result of our audit procedures. The following material misstatement that we identified as a result of our audit procedures was brought to the attention of and corrected by management. Accounts payable Disagreements with Management For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the City's financial statements or the auditor's report. No such disagreements arose during the course of our audit. Representations Requested from Management We have requested certain written representations from management, which are included in the management representation letter. Management's Consultations with Other Accountants In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management has informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters. Other Significant Matters, Findings, or Issues In the normal course of our professional association with the City, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, operating and regulatory conditions affecting the City, and operating plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the City's auditor. 7 City of St. Joseph Required Communication Other Information in Documents Containing Audited Financial Statements We applied certain limited procedures to the RSI that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. With respect to the supplementary information accompanying the financial statements, we made certain inquiries of management and evaluated the form, content and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. 8 City of St. Joseph Financial Analysis The following pages provide graphic representation of select data pertaining to the financial position and operations of the City for the past five years. Our analysis of each graph is presented to provide a basis for discussion of past performance and how implementing certain changes may enhance future performance. We suggest you view each graph and document if our analysis is consistent with yours. A subsequent discussion of this information should be useful for planning purposes. Tax Capacity, Levy, and Rates The taxable tax capacity increased more than the increase in the certified levy in 2020, causing the tax rate to decrease. Tax Capacity, Levy, and Rates $5,500,000100% 99.93% 99.61%99.66% 99.41% 99.00% 90% $5,000,000 $5,200,249 80% $4,500,000 70% $3,851,786 61.46% $4,000,000 59.26% 55.63% 55.01% 60% $3,500,000 60.84% $3,565,731 50% $3,379,730 $3,342,661 $3,000,000 40% $2,893,011 $2,500,000 30% $2,343,285 $2,000,000 $2,191,595 20% $2,002,920 $1,838,805 $1,500,000 10% $1,000,0000% 20162017201820192020 Taxable Tax CapacityCertified Tax LevyTax RateCollection Rate 9 City of St. Joseph Financial Analysis General Fund For the year ended December 31, 2020, General Fund revenues exceeded expenditures by $471,622. In addition to this, the fund had transfers in of $61,161 from other funds and transfers out of $297,256 to other funds resulting in an increase in the General Fund balance of $235,527. Of the City's General Fund balance at December 31, 2020, $1,102,399 was assigned for specific expenditures, such as the fire department, elections, and a City structure/facility study. The City also has $4,490 of its fund balance in nonspendable form as the funds have already been spent on prepaid insurance. The unassigned portion of the fund balance, which includes monies set aside for working capital, totaled $1,707,066 and represents approximately five months of 2020 General Fund expenditures. The City's target General Fund balance is to maintain working capital, a portion of the unassigned balance, in the amount of four to six months of the next year's budgeted expenditures of the General Fund, excluding the fire department. The graphs below and on the following page show the City's General Fund balance and the General Fund revenues and expenditures for the last five years. General Fund Balance $3,000,000 $4,490 $9 $24,560 $23,479 $2,500,000$25,712 5,051 26,567 34,370 $267,501 $288,493 $321,091 $295,972 $453,843 $2,000,000 $557,885 $620,425 $625,428 $648,556 $576,622 $1,500,000 $1,000,000 $500,000 $1,439,299 $1,631,900 $1,449,363$1,468,385$1,707,066 $- 20162017201820192020 UnassignedAssigned for Fire FundAssigned for Other PurposesRestrictedNonspendable 10 City of St. Joseph Financial Analysis General Fund (Continued) General Fund $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- 20162017201820192020 Total Revenues$3,206,688$3,258,037$3,527,345$3,711,600$4,945,235 Total Expenditures$2,848,467$3,029,246$3,220,573$3,429,162$4,473,613 Fund Balance2,361,9392,355,8232,385,9222,578,4282,813,955 During the year ended December 31, 2020, the City's General Fund revenues increased $1,233,635, or 33.2%, from 2019, while expenditures increased by $1,044,451, or 30.5%. These changes in revenues and expenditures will be discussed by source and function, respectively, on the following pages. As discussed earlier, fund balance did increase $235,527 from 2019 to 2020. Fund balance has increased $452,016 or 19.1% since 2016. 11 City of St. Joseph Financial Analysis General Fund Revenues As discussed earlier, the City's revenue increased $1,233,635 from 2019 to 2020. Intergovernmental revenues accounted for the largest increase from the prior year with an increase of $871,756, or 70.8%. Most of this increase was from federal grants, which increased $716,733 from 2019, largely related to CARES funding. The City also received an increase in local government aid in 2020, which increased $135,216. Tax revenue accounted for the next largest increase, increasing $504,515 from 2019. This increase was due to an increase in the amount levied. Licenses and permits decreased $77,814 due to COVID-19 closures. Miscellaneous revenues decreased $78,910 from 2019. This decrease was primarily due to the City receiving $50,000 in conduit debt fees in 2019. Other revenues stayed consistent with the prior year. Total revenues have grown $1,738,547 since 2016, an increase of 54.2%. The largest variances between the types of revenue over the five-year period have been the increases in property taxes and intergovernmental revenues. Other revenues have stayed relatively consistent over that timeframe. The pie charts on the following page show the General Fund sources of revenues for 2020 and 2019 as a percentage of total revenues. The allocation of sources of revenue fluctuates minimally from year-to- year. Intergovernmental revenue and taxes account for the two largest components of revenues, each making up 42% and 39% of the total. The total of these two categories accounts for approximately 81% and 72% of General Fund revenues for 2020 and 2019, respectively. 12 City of St. Joseph Financial Analysis General Fund Revenues (Continued) 2019 General Fund Revenues Licenses and Franchise fees permits 4% Intergovernmental 7% 33% Special Assesments Less than 1% Charges for Taxes services 39% 11% Fines and forfeitures Miscellaneous 1% 5% 13 City of St. Joseph Financial Analysis General Fund Expenditures 20162017201820192020 General government$ 617,764$ 749,008$ 741,374$ 815,401$ 1,020,077 Public safety 1,459,196 1,537,183 1,606,132 1,625,599 1,741,056 Public works 353,421 342,806 440,811 486,341 457,226 Culture and recreation 317,839 270,555 331,861 397,204 429,568 Economic Development - - - - 201,414 Capital outlay 100,247 129,694 100,395 104,617 624,272 Total Expenditures$ 2,848,467$ 3,029,246$ 3,220,573$ 3,429,162$ 4,473,613 As discussed earlier, General Fund expenditures increased $1,044,451, or 30.5%. The most significant increases in expenditures were in capital outlay, general government, and economic development. Capital outlay increased $519,655, or 496.7% from 2019. This increase was due to the City purchasing a new squad car, various equipment for police and fire, various computer hardware, and completing a seal coat project in 2020. General government expenditures increased $204,676. This increase was primarily due to the City paying St. Joseph Township for some of the lost property tax revenue they would have received in 2020 as part of the annexation agreement. Economic development increased $201,414 due to Coronavirus relief funds that went to local businesses. All other expenditures remained consistent with the prior year. The pie charts on the following page show the General Fund expenditures by function for 2020 and 2019 as a percentage of total expenditures. The allocation of expenditures by function vary from year to year. Public safety remains the largest component of General Fund expenditures, representing 39% of total expenditures, down from 47% in 2019. Capital outlay increased from 3% to 14% from 2019 to 2020. Public works allocation of total general fund expenditures went from 14% in 2019 to 10% in 2020. 14 City of St. Joseph Financial Analysis General Fund Expenditures (Continued) 2019 General Fund Expenditures Public works 14% Culture and Public safety recreation 47% 12% Capital outlay 3% General government 24% 15 City of St. Joseph Financial Analysis General Fund Budget The table below illustrates the General Fund budget and actual for 2020 revenues and expenditures by function. Variance With Final Actual Original and Budget - Amounts Final Budget Over (under) Revenues Taxes$ 1,932,845$ 1,935,881$ 3,036 Special assessments 4,000 3,389 (611) Franchise fees 138,820 132,991 (5,829) Licenses and permits 181,510 178,139 (3,371) Intergovernmental 1,345,595 2,102,263 756,668 Charges for services 430,065 430,989 924 Fines and forfeitures 67,000 43,317 (23,683) Miscellaneous 98,450 118,266 19,816 Total revenues 4,198,285 4,945,235 746,950 Expenditures General government 1,042,800 1,020,077 (22,723) Public safety 1,824,895 1,741,056 (83,839) Public works 491,760 457,226 (34,534) Culture and recreation 479,790 429,568 (50,222) Economic Development - 201,414 201,414 Capital outlay 225,950 624,272 398,322 Total expenditures 4,065,195 4,473,613 408,418 Excess of receipts over disbursements 133,090 471,622 338,532 Other Financing Sources (Uses) Insurance recoveries 2,000 - (2,000) Sale of property 200 - (200) Transfers in 56,640 61,161 4,521 Transfers out - (297,256) (297,256) Total other financing sources 58,840 (236,095) (294,935) Net change in fund balance$ 191,930$ 235,527$ 43,597 16 City of St. Joseph Financial Analysis General Fund Budget (Continued) The City had budgeted for an increase in general fund balance of $191,930, with budgeted revenues of $4.2 million, budgeted expenditures of $4.1 million, and other financing sources of $59 thousand. General fund revenues were over budget by $746,950. Intergovernmental revenues represented the majority of this variance coming in over budget $756,668. This variance was due to the City not budgeting for the coronavirus relief funds that were received in 2020. Other revenues were in line with the budget. Total expenditures were over budget by $408,418. Capital outlay had the largest budget variance, being $398,322 over budget in 2020. This variance was due to the City not budgeting for equipment purchased using coronavirus relief funds in 2020. The City also did not budget for economic development expenditures, which were also related to coronavirus relief funds. Other areas were under budget, primarily due to the City budgeting conservatively for health insurance costs. Enterprise Funds Enterprise funds are used to account for operations financed and operated in a manner, similar to private business enterprises, where the City intends the cost of providing goods or services to the public be financed or recovered primarily through user charges. The City's Enterprise Funds include the Water, Sanitary Sewer, Refuse, Storm Water, and Street Light Utility Funds. Water Fund The Water Fund showed operating income in all five years presented. Operating revenues increased $125,143, or 12.5%, from 2019 due to an increase in usage. Operating expenses increased $41,809, or 5.0%, from 2019 to 2020, due to more repairs and supplies needed during the year to repair pumps and fix a water main break in 2020. Operations produced operating income of $241,349, which was the highest in the five years presented. With the exclusion of $441,855 in depreciation expense, the Fund experienced operating income of $683,204. However, depreciation should be considered as a true expense in operations, as most equipment and facilities will eventually need upgrades or replacement. The operations of the Water Fund covered 100% of depreciation expense. In addition to the operating revenues and expenses of the Water Fund, there were net non-operating expenses of $25,236, which is comprised of investment income and other income, offset by interest expense on the outstanding debt. The operating and non-operating activities along with capital contributions and transfers resulted in an increase in net position of $733,656 to $10,883,219 at December 31, 2020. The cash and investments balance at December 31, 2020, totaled $1,494,581, an increase of $673,473. A large portion of this increase was attributed to cash with fiscal agent for cash set aside in escrow for the crossover bond refunding in 2021. 17 City of St. Joseph Financial Analysis Water Fund (Continued) Sanitary Sewer Fund Operating revenues decreased $47,991, or 3.4%, from 2019 to 2020, while operating expenses increased $3,421, or 0.3%. Revenues decreased due to a decrease in sewer rates in 2020. Expenses were consistent with the prior year. The Sewer Fund produced operating income for all five years presented. Due to the nature and cost of the Sewer Fund's assets, it is difficult to establish sewer rates sufficient to cover replacement of the assets represented by depreciation expense. Ideally, sewer revenues should cover all operating expenses, including depreciation. 18 City of St. Joseph Financial Analysis Sanitary Sewer Fund (Continued) The graph below indicates the Sewer Fund did generate operating income and covered 100% of depreciation each year presented. In addition to the operating revenues and expenses of the Sewer Fund, there were net non-operating expenses of $132,324, which is primarily due to $148,121 of interest expense paid on outstanding debt. Capital contributions and transfers along with the operating and non-operating activities resulted in an increase in net position of $683,356 to $10,552,819 at December 31, 2020. The cash balance at December 31, 2020, totaled $627,758, an increase of $380,174. Sanitary Sewer Fund $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $- 20162017201820192020 Operating Revenues $997,206$1,271,765$1,387,894$1,393,095$1,345,104 Operating Expenses886,810959,148942,953992,085995,506 Operating Income (Loss) with 110,396312,617444,941401,010349,598 Depreciation Operating Income without Depreciation 563,309794,023937,945894,443884,242 19 City of St. Joseph Financial Analysis Refuse Fund The following graph displays selected financial data for the Refuse Fund for the past five years. The Fund consistently showed an operating loss each year, with the exception of 2016. Operating revenues increased $17,123, or 5.8%, while operating expenses decreased $3,603, or 1.1%, from 2019 to 2020. The increase in revenues was due to an increase in rates in 2020. Expenses were consistent with the prior year. These changes resulted in an operating loss of $859 for 2020. The Fund produced an operating loss of $744 when depreciation is not considered. In addition to the operating activities of the fund, there were non-operating revenue of $11,126 which is comprised of investment income and other income. Transfers along with operating and non-operating activities resulted in an increase in net position of $8,767. The cash balance decreased $7,227 in 2020 and totaled $228,669 at December 31, 2020. Refuse Fund $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $- $(50,000) 20162017201820192020 Operating Revenues $286,603$288,151$280,981$297,500$314,623 Operating Expenses282,280289,557307,941319,085315,482 Operating Income (Loss) with Depreciation 4,323(1,406)(26,960)(21,585)(859) Operating Income (Loss) without Depreciation 10,9295,200(20,454)(15,079)(744) 20 City of St. Joseph Financial Analysis Storm Water Fund The Storm Water Fund showed operating losses in all five years presented. Operating revenues decreased $20,225, or 12.1%, from 2019 to 2020, due to the City receiving a large developer fee in 2019. Operating expenses decreased $7,431, or 3.7% due to less engineering costs needed during the year. The Storm Water Fund produced an operating loss of $43,966 with depreciation and an operating income of $94,657 without depreciation expense. The operations of the Storm Water Fund did not cover the depreciation expense. The Storm Water Fund also had nonoperating revenues of $7,332, capital contributions totaling $326,245, transfers in totaling $11,376 and transfers out totaling $27,595. Fund activity resulted in an increase in net position of $273,392. The cash balance decreased $120,819 in 2020 and totaled $197,420 at December 31, 2020. We recommend the City continue to monitor rates as well as operating expenses to ensure the Fund's profitability in the future. Storm Water Fund $250,000 $200,000 $150,000 $100,000 $50,000 $- $(50,000) $(100,000) $(150,000) 20162017201820192020 Operating Revenues $99,212$127,167$80,710$167,456$147,231 Operating Expenses178,189169,389210,302198,628191,197 Operating (Loss) with Depreciation (78,977)(42,222)(129,592)(31,172)(43,966) Operating Income (Loss) without 23,78662,991(23,778)77,69694,657 Depreciation 21 City of St. Joseph Financial Analysis Street Light Utility The Street Light Utility Fund was opened during 2013 to track activity relating to the street light utility. The Street Light Utility Fund showed an operating income for the third year in a row. Operating revenues stayed consistent with the prior year, increasing only $1,884 from 2019 to 2020. Operating expenses increased $10,029 due to repairs on street lights in 2020. The Street Light Utility Fund produced operating income of $16,262. The fund also reported non- operating income including investment income, special assessments, and other income totaling $1,944. Operating income along with non-operating income and transfers resulted in an increase in net position of $14,946. The cash balance increased $9,106 in 2020 and totaled $69,495 at December 31, 2020. We recommend the City continue to monitor rates as well as operating expenses to ensure the Fund's profitability in the future. Street Light Utility $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $- $(10,000) 20162017201820192020 Operating Revenues $60,550$61,359$76,625$80,534$82,418 Operating Expenses 63,32764,86670,89056,12766,156 Operating Income (Loss) (2,777)(3,507)5,73524,40716,262 22 City of St. Joseph Emerging Issue Executive Summary The following is an executive summary of financial and business related updates to assist you in staying current on emerging issues in accounting and finance. This summary will give you a preview of the new standards that have been recently issued and what is on the horizon for the near future. The most recent and significant update includes: Accounting Standard Update GASB Statement No. 87 Leases GASB has issued GASB Statement No. 87 relating to accounting and financial reporting for leases. This new statement establishes a single model for lease accounting based on the principle that leases are financing of the right to use an underlying asset. The following is an extensive summary of the current update. As your continued business partner, we are committed to keeping you informed of new and emerging issues. We are happy to discuss this issue with you further and its applicability to your City. Accounting Standard Update GASB Statement No. 87 Leases The objective of this Statement is to better meet the information needs of financial statement users by improving accounting and financial reporting for leases by governments. This Statement increases the usefulness of governments' financial statements by requiring recognition of certain lease assets and liabilities for leases that previously were classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments' leasing activities. A lease is defined as a contract that conveys control of the right to use another entity's nonfinancial asset (the underlying asset) as specified in the contract for a period of time in an exchange or exchange-like transaction. Examples of nonfinancial assets include buildings, land, vehicles, and equipment. Any contract that meets this definition should be accounted for under the leases guidance, unless specifically excluded in this Statement. A short-term lease is defined as a lease that, at the commencement of the lease term, has a maximum possible term under the lease contract of 12 months (or less), including any options to extend, regardless of their probability of being exercised. Lessees and lessors should recognize short-term lease payments as outflows of resources or inflows of resources, respectively, based on the payment provisions of the lease contract. 23 City of St. Joseph Emerging Issue Accounting Standard Update GASB Statement No. 87 Leases (Continued) A lessee should recognize a lease liability and a lease asset at the commencement of the lease term, unless the lease is a short-term lease or it transfers ownership of the underlying asset. The lease liability should be measured at the present value of payments expected to be made during the lease term (less any lease incentives). The lease asset should be measured at the amount of the initial measurement of the lease liability, plus any payments made to the lessor at or before the commencement of the lease term and certain direct costs. A lessee should reduce the lease liability as payments are made and recognize an outflow of resources (for example, expense) for interest on the liability. The lessee should amortize the lease asset in a systematic and rational manner over the shorter of the lease term or the useful life of the underlying asset. The notes to financial statements should include a description of leasing arrangements, the amount of lease assets recognized, and a schedule of future lease payments to be made. A lessor should recognize a lease receivable and a deferred inflow of resources at the commencement of the lease term, with certain exceptions for leases of assets held as investments, certain regulated leases, short-term leases, and leases that transfer ownership of the underlying asset. A lessor should not derecognize the asset underlying the lease. The lease receivable should be measured at the present value of lease payments expected to be received during the lease term. The deferred inflow of resources should be measured at the value of the lease receivable plus any payments received at or before the commencement of the lease term that relate to future periods. A lessor should recognize interest revenue on the lease receivable and an inflow of resources (for example, revenue) from the deferred inflows of resources in a systematic and rational manner over the term of the lease. The notes to financial statements should include a description of leasing arrangements and the total amount of inflows of resources recognized from leases. GASB Statement No. 87 is effective for reporting periods beginning after June 15, 2021. Information provided above was obtained from www.gasb.org. 24 Council Agenda Item MEETING DATE: May 17, 2021 AGENDA ITEM: Request for Proposal (RFP) – Fundraising Consultant Community Center SUBMITTED BY: Administration BOARD/COMMISSION/COMMITTEE RECOMMENDATION: At their last meeting on March 18, 2021, the Community Center Committee discussed and recommended soliciting a fundraising consultant. PREVIOUS COUNCIL ACTION: On May 3, 2021 the City Council approved moving forward with the RFP process for a fundraising consultant for the community center project. BACKGROUND INFORMATION: An RFP has been prepared to solicit qualified firms to submit a proposal to provide fundraising services for the development of a new community center. The RFP process would include an Evaluation Panel to review proposals based on predetermined evaluation criteria. The Evaluation Panel would include the City Council, Administrator, and Finance Director. After the Evaluation Panel completes its evaluation of the submitted proposals, it will narrow down the proposals to a “short list” of proposers selected to take part in a presentation to the Community Center Committee and City Council in a joint meeting. BUDGET/FISCAL IMPACT: TBD ATTACHMENTS: RFP REQUESTED COUNCIL ACTION: Motion to Approve and release RFP. Request for Proposal Released on: May 18, 2021 Proposals due: June 15, 2021, 4:00 p.m. Capital Fundraising Consultant St. Joseph Community/Recreation Center INTRODUCTION The City of St. Joseph is seeking a qualified consultant to plan, lead and raise funds for the development of a new community center. The proposed site is located about four blocks from downtown St. Joseph on 8.35 Acres. The anticipated cost for the project is $16 million to $18 million. The preliminary budget for the project is $10 million. The estimated goal of this fundraising campaign is between $6 million and $8 million. BACKGROUND City of St. Joseph –Request for Proposal – Fundraising Consultant for Community/Recreation Center 1 St. Joseph is located in scenic central Minnesota 70 miles from Minneapolis and eight miles west of St. Cloud so residents enjoy the amenities of a metro area while retaining its small-town character. From 2000 to 2015, the population increased by almost 47%. The community features a growing economy and steady growth with an estimated population of over 7,300, and is within the St. Cloud Metropolitan Statistical Area with an estimated population of 189,000. In addition to a growing economy, St. Joseph offers ample and diverse opportunities in education, recreation and the arts. Within minutes of St. Joseph are recreational sites and many lakes, streams, parks and trails, including the Lake Wobegon Trail. The College of St. Benedict is located within the community and the College of Saint John’s University is located two miles west in Collegeville. The Community Center would provide outdoor and in-door amenities for year-round community programming and events. After discussions regarding a Community Center started several years ago, the City Council committed six million dollars in local option half cent sales tax dollars toward the project and more recently was awarded four million instate bonding funds. The intent is that the Community Center would draw individuals of all ages to a state-of- the-art Community Center. The following are amenities the City is considering incorporating into the Community Center Project. The list is not intended to be exhaustive, nor are the specifications shown for the individual features binding. Library Space Space designed for children, teens, adults, and seniors, including book storage, small study/program area, and lounge area. Active Recreation Gyms Walking track Fitness space Kid Zone Pool Meeting Space Meeting rooms to be used by various groups. Larger multi-purpose room with kitchen St. Joseph Historical Society St. Joseph Food Shelf Outdoor Features: Open grass area(s) Picnic areas/benches/relaxation Potential splash pad/pool/water feature area Parking City of St. Joseph –Request for Proposal – Fundraising Consultant for Community/Recreation Center 2 SCOPE OF SERVICES The City is requesting proposals from qualified consulting firms to developand implement a fundraising campaign. The successful consultant team will be expected to provide fundraising services, including but not limited to the following: 1. Identify fundraising and grant opportunities and prepare report with application procedures and deadlines. 2. Develop a campaign plan, including specific goals for dollars raised, milestones, and solicitation strategies. 3. Develop a campaign calendar. 4.Develop a campaign budget. 5. Prepare all written materials necessary for pitching and obtaining funds, including but not limited to fact sheets, and case statements which make the strongest case for funding. Develop campaign marketing materials, etc. to assist staff with fundraising. 6. Develop a list of potential major donors. 7. Meet with potential donors to raise funds. 8. Raise funds meeting the fundraising goal. SUBMITTAL REQUIREMENTS The following should be included in the submission in the stated order: Introduction 1. Cover letter with firm’s name, address, email, phone and fax number. 2. Contact person’s name, address, email, phone and fax number. 3.Statement of philosophy. 4. A concise statement that demonstrates the firm’s understanding of the project and scope of services sought by the City of St. Joseph. 5. Description of the firm’s approach to the project. 6.Description of the implementation of the project, include listing of specific tasks. 7.Proposed completion date and timeline of the project. 8.Description of any additional consultants that will perform work as part of your proposal. Provide names, addresses, and relevant experience for additional consultants. Organization History/Experience 1. Number of years in business. 2. Type of organization. 3. Type of ownership, identify owners, partners, etc. 4. Geographical areas of operation. 5. Professional affiliations. Personnel 1. List of principals and stakeholders. 2. Description of the size and composition of your firm. 3.An organizational chart. City of St. Joseph –Request for Proposal – Fundraising Consultant for Community/Recreation Center 3 4. Resumes of the proposed project manager and other key personnel proposed to be assigned to this project (the “team”) Experience and References 1. Discuss your firm’s experience and, in particular, the team’s experience with capital campaigns for public facilities and/or similar facilities. 2. Identify three completed similar projects, that the identified key personnel have completed which best represent the skills of the firm and the team. For these projects provide: a. Name and address of client. b. Name, telephone number, and email address of the client contact person. c. Summary of the project, include year completed. Other Information Provide other pertinent information that you feel makes you qualified for the proposed project. Fee Structure Provide information on your proposed fee structure which separately lists each service and related fee based on the scope of the project discussed above, separately stating, if necessary, any charges for anticipated reimbursable costs. This structure should be expressed as a “fee not to exceed” figure which itemizes all services included in the proposed fee, as well as an itemized list of what would be considered “additional services” if requested by the City of St. Joseph. SELECTION PROCESS All proposalswill be reviewed by an evaluation panel consisting of theCity Council and the City Administrator, and Finance Director. Following the review, the evaluation panel will determine a shortlist of the most qualified firms for an in-person presentation at a joint meeting of the Community Center Committee and City Council. SELECTION CRITERIA Selection will be based upon experience, qualifications, demonstrated understanding of the project, and ability to perform the tasks and meet the required deadline(s). The City reserves the right to reject any or all offers, and to select the firm that it believes best meets the stated qualifications and who will best serve the interests of residents of St. Joseph. Proposals will be evaluated and ranked by the evaluation panel. Evaluation criteria are as follows: • Responsiveness and completeness of the response provided to the RFP. • Experience and qualifications of consultant and management team, including demonstrated knowledge of planning, management, evaluation skills, and experience. City of St. Joseph –Request for Proposal – Fundraising Consultant for Community/Recreation Center 4 •Technical quality and methodology of consultant’s approach to organizing and managing the project; ability to document information and recommendations clearly in written format. • Ability of the consultant and management team to communicate and build consensus with board members, staff and community residents. • Ability of the consultant and management team to communicate with various governmental units. • Experience with public facility fundraising projects and/or similar campaign projects. • Past and current projects. • References and examples of completed consulting projects. Satisfaction of former clients with competency of completed work. • Overall project management and ability to accomplish a project of this nature within the proposed time schedule. • The cost the firm proposes for the services required under this solicitation. SUBMITTAL DETAILS Submit proposal electronically in a PDF format by June 15, 2021 no later than 4:00 p.m to City Administrator Therese Haffner at thaffner@cityofstjoseph.com. Submissions received after the above date and time will not be accepted. GENERAL PROVISIONS Ownership & Costs of Submittal Upon submittal of a response to this RFP, all information becomes property of the City and by extension becomes public information. Nothing within the submittal shall be considered confidential. The City reserves the right to use any information provided by any respondent to the RFP as it determines in its sole discretion. All costs associated with the development of any written response to this RFP shall be the obligation of the proposer. Questions Pertaining to the RFP Respondents may seek clarification from the City regarding any information in this RFP. Questions must be submitted in writing no later than May 27, 2021. No questions may be submitted after that date. All questions and their responses will be posted to the City RFP website page no later than June 1, 2021. City contact person for all RFP communications All communicationsaboutthis RFP afterits releaseshall be inwriting via email through the City’sdesignated contactperson: Therese Haffner,City Administrator thaffner@cityofstjoseph.com (320) 229-9424 www.cityofstjoseph.com City of St. Joseph –Request for Proposal – Fundraising Consultant for Community/Recreation Center 5 CouncilAgenda Item 7 MEETING DATE: May 17, 2021 AGENDA ITEM: 2021 Street & Utility Improvement Project SUBMITTED BY: Administration/Engineering BACKGROUND INFORMATION: In January, the City Council approved an Agreement for Professional Services authorizing SEH to complete the final design phase services for the 2021 Street & Utility Improvements. At this time staff is awaiting State approval on the construction plans, but would like to move forward with scheduling the assessment hearing for June 7, 2021. BUDGET/FISCAL IMPACT: NA ATTACHMENTS: Draft Assessment Roll Resolution 2021-027 Declaring Costs to Be Assessed Resolution 2021-028 Calling for Hearing on Proposed Assessments REQUESTED COUNCIL ACTION: 1.Approve Resolution 2021-027 Declaring Costs to Be Assessed 2.Approve Resolution 2021-028 Calling for Hearing on Proposed Assessments Page 1 5/13/2021 TOTAL ASSESSMENT $64.59/LF$24.49/LF$20.19/LF CITY SUBSIDY SUBTOTAL ASSESSMENT 40' WIDE OVERLAY (60%)36' WIDE OVERLAY (60%)32' WIDE OVERLAY (60%) $3,000.03$3,000.03$3,000.03$2,693.90$2,693.90$2,693.90$2,254.06$2,254.06$2,254.06$2,150.47$2,150.47$2,150.47$2,140.67$2,140.67$2,140.67$2,172.51$2,172.51$2,172.51$2,213.65$2,213.65$2,213.65$2,142.63$ 2,142.63$2,142.63$2,024.34$2,024.34$2,024.34$2,082.38$2,082.38$2,082.38$1,814.95$1,814.95$1,814.95$1,682.71$1,682.71$1,682.71$1,951.61$1,951.61$1,951.61$2,020.91$2,020.91$2,020.91$1,957.73$1,957.73$1 ,957.73 SPECIAL ASSESSMENTS $6,099.23$6,099.23$2,099.23$4,000.00$5,197.56$5,197.56$1,197.56$4,000.00 $13,968.23$13,968.23$9,968.23$4,000.00$25,768.18$25,768.18$21,768.18$4,000.00 FOOTAGE40' OVERLAY36' OVERLAY32' OVERLAY ASSESSED 60.0060.00$1,211.40$1,211.40$1,211.4060.0060.00$1,211.40$1,211.40$1,211.4060.0060.00$1,211.40$1,211.40$1,211.4060.0060.00$1,211.40$1,211.40$1,211.4058.0058.00$1,171.02$1,171.02$1,171.0258.0058.00$1,1 71.02$1,171.02$1,171.0258.0058.00$1,171.02$1,171.02$1,171.0254.0054.00$1,090.26$1,090.26$1,090.2654.0054.00$1,090.26$1,090.26$1,090.2654.0054.00$1,090.26$1,090.26$1,090.2654.0054.00$1,090.26$1,090.26 $1,090.2654.0054.00$1,090.26$1,090.26$1,090.2657.1757.17$1,154.26$1,154.26$1,154.2662.6562.65$1,264.90$1,264.90$1,264.9064.7064.70$1,306.29$1,306.29$1,306.2978.0578.05$1,575.83$1,575.83$1,575.8365.52 65.52$1,322.85$1,322.85$1,322.8554.0054.00$1,090.26$1,090.26$1,090.2654.0054.00$1,090.26$1,090.26$1,090.2654.0054.00$1,090.26$1,090.26$1,090.26 140.19140.19$2,830.44$2,830.44$2,830.44135.51135.51$2,735.95$2,735.95$2,735.95122.84122.84$2,480.14$2,480.14$2,480.14117.78117.78$2,377.98$2,377.98$2,377.98 SIDE SHORT 108.3880.34134.53$2,716.16$2,716.16$2,716.16108.0076.89130.89$2,642.67$2,642.67$2,642.67 SIDE LONG FOOTAGE ASSESSED SIDE SHORT 36' ADJUSTED FOOTAGE SIDE LONG FOOTAGE ASSESSED SIDE SHORT SIDE LONG X:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\FAW.xlsx SIDE SHORT FOOTAGE40' ADJUSTED FOOTAGE32' ADJUSTED FOOTAGE SIDE LONG PLATTED ADBUTTING ROY G & CARMEN K DONABAUER60.00ANTONIO & ROSALINDA HUICHAPA54.00 31182 COUNTY ROAD 2ST JOSEPH MN 56374DAVID L & LINDA A THOMAS270.00245.00122.5031244 COUNTY ROAD 2ST JOSEPH MN 56374ANTHONY J VORPAHL220.00220.00110.00507 GUMTREE ST NEST JOSEPH MN 56374DOMINIC F RYAN102.2994.4394.4375 CALLAWAY ST EST JOSEPH MN 56374CITY OF ST JOSEPH216.26216.26216.26606 HICKORY DRST JOSEPH MN 56374KENNEDY L EICHERS120.8569.00108.3854.1988.7288.72$3,500.13$1,791.26$5,291.3 9$1,291.39$4,000.00610 HICKORY DR EST JOSEPH MN 56374614 HICKORY DRST JOSEPH MN 56374MATTHEW P STEPHENS60.00618 HICKORY DR EST JOSEPH MN 56374STARR PLOOF60.00622 HICKORY DRST JOSEPH MN 56374TAYLOR SPANIER60.00626 HICKORY DRST JOSEPH MN 56374ALEX G CRUZE118.7267.73619 HACKBERRY DRST JOSEPH MN 56374ANTHONY J BURG118.3655.44615 HACKBERRY DRST JOSEPH MN 56374ALEXANDER GUZMAN58.00611 HACKBERRY DRST JOSEPH MN 56374TRACY M OPATZ58.00607 HACKBERRY DRST JOSEPH MN 56374GARRETT P MILLAWAY58.00603 HACKBERRY DRST JOSEPH MN 56374NICOLE M VANHEEL136.8857.74108.0054.00109.51 109.51$3,487.86$2,211.01$5,698.87$1,698.87$4,000.00605 HICKORY DRST JOSEPH MN 56374JEREMY HOLDERNESS119.9759.00108.6354.3279.0079.00$3,508.21$1,595.01$5,103.22$1,103.22$4,000.00609 HICKORY DRST JOSEPH MN 56374AARON G & LISA M LAGRED54.00613 HICKORY DRST JOSEPH MN 56374617 HICKORY DRST JOSEPH MN 56374CORTNEY RYAN54.00619 HICKORY DRST JOSEPH MN 56374IAN WETTELAND54.00623 HICKORY DRST JOSEPH MN 56374BRANDON DRONTLE54.00627 HICKORY DRST JOSEPH MN 56374JOHN J LITSCHAUER52.36629 HICKORY DRST JOSEPH MN 56374AMANDA K LARSON-JOHNSON45.17720 7TH AVE NEST JOSEPH MN 56374AARON SUTLIFFE32.33718 7TH AVE NEST JOSEPH MN 56374ANDREW BISTODEAU30.07716 7TH AVE NEST JOSEPH MN 56374RORY R & AMANDA L EIYNCK30.99712 7TH AVE NEST JOSEPH MN 56374STEVEN J DERDOSKI104.90706 7TH AVE NEST JOSEPH MN 56374JON M KNUTSON113.11PO BOX 7733ST CLOUD MN 56302MARY A HARTMANN34.80622 HACKBERRY DRST JOSEPH MN 56374PATRICK C BENNETT35.36620 HACKBERRY DRST JOSEPH MN 56374ANDREW E ORTIZ54.05616 HACKBERRY DRST JOSEPH MN 56374KAREN M FRIES54.00612 HACKBERRY DRST JOSEPH MN 56374ABDIFATAH NUR54.00608 HACKBERRY DRST JOSEPH MN 56374ANDREW D MARUSKA121.8981.73108.0054.0092.4192.41$3,487.86$1,865.76$5,353.62$1,353.62$4,000.00605 GUMTREE ST NEST JOSEPH MN 56374BRYCE L EIYNCK155.77160.9480.4775 CALLAWAY ST EST JOSEPH MN 56374CITY OF ST JOSEPH429.08398.95398.95811 2ND AVE NEST JOSEPH MN 56374DANIEL DONABAUER90.7992.0492.04815 2ND AVE NEST JOSEPH MN 56374LEONETTE WELLE90.2287.8187.81101 IRIS LN NEST JOSEPH MN 56374BRIAN LOPAU47.3587.4187.41103 IRIS LN EST JOSEPH MN 56374RILEY LAUDENBACH34.7188.7188.71105 IRIS LN EST JOSEPH MN 56374TODD SCHLANGEN46.7990.3990.39109 IRIS LN NEST JOSEPH MN 56374MITZI I MILLAN61.4287.4987.49201 IRIS LNST JOSEPH MN 56374CANDACE M HAAK82.8382.6682.66205 IRIS LN EST JOSEPH MN 56374NATHAN MOLITOR70.8785.0385.03PO BOX 89LITTLE FALLS MN 56345KRISTIN BUTTWEILER93.8874.1174.11219 IRIS LN EST JOSEPH MN 56374CARLOS JUAN COSTAS PEREZ120.4668.7168.71305 IRIS LN EST JOSEPH MN 56374ADRIENNE A ZELLER83.4379.6979.69311 IRIS LN EST JOSEPH MN 56374DERRICK C ANDERSON70.4182.5282.52315 IRIS LNST JOSEPH MN 56374STEPHEN M & TANA OLSON65.3379.9479.94 PARCEL ID NO.PROPERTY DESCRIPTIONPROPERTY ADDRESSMAILING ADDRESSOWNER OF RECORD 184.53300.0231 31182 COUNTY ROAD 2284.53300.0373Lot(s) 001 Block(s) 001 ROTHFORK ADD31244 COUNTY ROAD 2384.53734.0114Lot(s) 010 Block(s) 002 NORTHLAND PLAT THREE507 GUMTREE ST E484.53734.0133 584.53734.0160Lot(s) 001 Block(s) 001 NORTHLAND PLAT 5732 NORTHLAND DR684.53734.0161Lot(s) 002 Block(s) 001 NORTHLAND PLAT 5610 HICKORY DR784.53734.0162Lot(s) 003 Block(s) 001 NORTHLAND PLAT 5614 HICKORY DR884.53734.0163Lot(s) 004 Block(s) 001 NORTHLAND PLAT 5618 HICKORY DR984.53734.0164Lot(s) 005 Block(s) 001 NORTHLAND PLAT 5622 HICKORY DR 1084.53734.0165Lot(s) 006 Block(s) 001 NORTHLAND PLAT 5626 HICKORY DR1184.53734.0166Lot(s) 007 Block(s) 001 NORTHLAND PLAT 5619 HACKBERRY DR1284.53734.0167Lot(s) 008 Block(s) 001 NORTHLAND PLAT 5615 HACKBERRY DR1384.53734.0168Lot(s) 009 Block(s) 001 NORTHLAND PLAT 5611 HACKBERRY DR1484.53734.0169Lot(s) 010 Block(s) 001 NORTHLAND PLAT 5607 HACKBERRY DR1584.53734.0170Lot( s) 011 Block(s) 001 NORTHLAND PLAT 5603 HACKBERRY DR1684.53734.0171Lot(s) 001 Block(s) 002 NORTHLAND PLAT 5605 HICKORY DR1784.53734.0172Lot(s) 002 Block(s) 002 NORTHLAND PLAT 5609 HICKORY DR1884.53734.0173Lot(s) 003 Block(s) 002 NORTHLAND PLAT 5613 HICKORY DR1984.53734.0174Lot(s) 004 Block(s) 002 NORTHLAND PLAT 5617 HICKORY DR2084.53734.0175Lot(s) 005 Block(s) 002 NORTHLAND PLAT 5619 HICKORY DR2184.53734.0176Lot(s) 006 Block(s) 002 NORTHLAND PLAT 5623 HICKORY DR2284.53734.0177Lot(s) 007 Block(s) 002 NORTHLAND PLAT 5627 HICKORY DR2384.53734.0178Lot(s) 008 Block(s) 002 NORTHLAND PLAT 5629 HICKORY DR2484.53734.0179Lot(s) 009 Block(s) 002 NORTHLAND PLAT 5720 7TH AVE NE2584.53734.0180Lot(s) 010 Block(s) 002 NORTHLAND PLAT 5718 7TH AVE NE2684.53734.0181Lot(s) 011 Block(s) 002 NORTHLAND PLAT 5716 7TH AVE NE2784.53734.0182Lot(s) 012 Block(s) 002 NORTHLAND PLAT 5712 7TH AVE NE2884.53734.0183Lot(s) 013 Block(s) 002 NORTHLAND PLAT 5706 7TH AVE NE2984.53734.0184Lot(s) 014 Block(s) 002 NORTHLAND PLAT 5700 7TH AVE NE3084.53734.0185Lot(s) 015 Block(s) 002 NORTHLAND PLAT 5622 HACKBERRY DR3184.53734.0186Lot( s) 016 Block(s) 002 NORTHLAND PLAT 5620 HACKBERRY DR3284.53734.0187Lot(s) 017 Block(s) 002 NORTHLAND PLAT 5616 HACKBERRY DR3384.53734.0188Lot(s) 018 Block(s) 002 NORTHLAND PLAT 5612 HACKBERRY DR3484.53734.0189Lot(s) 019 Block(s) 002 NORTHLAND PLAT 5608 HACKBERRY DR3584.53734.0190Lot(s) 020 Block(s) 002 NORTHLAND PLAT 5704 NORTHLAND DR3684.53734.0214Lot(s) PARK Block(s) NORTHLAND PLAT 5 3784.53734.0220Lot(s) 001 Block(s) 001 NORTHLAND PLAT SIX811 2ND AVE NE3884.53734.0221Lot(s) 002 Block(s) 001 NORTHLAND PLAT SIX815 2ND AVE NE3984.53734.0222Lot( s) 003 Block(s) 001 NORTHLAND PLAT SIX101 IRIS LN E4084.53734.0223Lot(s) 004 Block(s) 001 NORTHLAND PLAT SIX103 IRIS LN E4184.53734.0224Lot(s) 005 Block(s) 001 NORTHLAND PLAT SIX105 IRIS LN E4284.53734.0225Lot(s) 006 Block(s) 001 NORTHLAND PLAT SIX109 IRIS LN E4384.53734.0226Lot(s) 007 Block(s) 001 NORTHLAND PLAT SIX201 IRIS LN E4484.53734.0227Lot(s) 008 Block(s) 001 NORTHLAND PLAT SIX205 IRIS LN E4584.53734.0228Lot(s) 009 Block(s) 001 NORTHLAND PLAT SIX211 IRIS LN E4684.53734.0229Lot(s) 010 Block(s) 001 NORTHLAND PLAT SIX219 IRIS LN E4784.53734.0230Lot(s) 011 Block(s) 001 NORTHLAND PLAT SIX305 IRIS LN E4884.53734.0231Lot(s) 012 Block(s) 001 NORTHLAND PLAT SIX311 IRIS LN E4984.53734.0232Lot(s) 001 Block(s) 002 NORTHLAND PLAT SIX315 IRIS LN E LINE NO. FINAL SPECIAL ASSESSMENT ROLL 2021 BITUMINOUS STREET AND UTILITY IMPROVEMENTSNORTHLAND Page 2 5/13/2021 TOTAL ASSESSMENT $64.59/LF$24.49/LF$20.19/LF CITY SUBSIDY SUBTOTAL ASSESSMENT 40' WIDE OVERLAY (60%)36' WIDE OVERLAY (60%)32' WIDE OVERLAY (60%) $268.17$268.17$268.17 $1,978.79$1,978.79$1,978.79$1,958.22$1,958.22$1,958.22$2,010.87$2,010.87$2,010.87$1,996.42$1,996.42$1,996.42$1,930.30$1,930.30$1,930.30$1,861.48$1,861.48$1,861.48$1,906.55$1,906.55$1,906.55$1,509.56$ 1,509.56$1,509.56$1,680.50$1,680.50$1,680.50$1,957.73$1,957.73$1,957.73$2,273.41$2,273.41$2,273.41$2,281.73$2,281.73$2,281.73$2,132.34$2,132.34$2,132.34$1,929.32$1,929.32$1,929.32$1,866.87$1,866.87$1 ,866.87$1,872.02$1,872.02$1,872.02$1,826.22$1,826.22$1,826.22$1,909.73$1,909.73$1,909.73$1,815.93$1,815.93$1,815.93$1,882.30$1,882.30$1,882.30$1,887.69$1,887.69$1,887.69$1,493.65$1,493.65$1,493.65$1, 687.36$1,687.36$1,687.36$1,764.50$1,764.50$1,764.50$1,600.91$1,600.91$1,600.91$1,595.52$1,595.52$1,595.52$1,608.26$1,608.26$1,608.26$1,541.16$1,541.16$1,541.16$1,564.18$1,564.18$1,564.18$1,582.79$1,5 82.79$1,582.79$1,546.30$1,546.30$1,546.30$1,539.44$1,539.44$1,539.44$1,462.30$1,462.30$1,462.30$1,486.54$1,486.54$1,486.54$1,721.40$1,721.40$1,721.40$1,603.85$1,603.85$1,603.85$1,554.14$1,554.14$1,55 4.14$1,575.44$1,575.44$1,575.44$1,413.81$1,413.81$1,413.81$1,886.71$1,886.71$1,886.71 SPECIAL ASSESSMENTS $24,191.54$24,191.54$20,191.54$4,000.00 FOOTAGE40' OVERLAY36' OVERLAY32' OVERLAY ASSESSED 59.5759.57$1,202.72$1,202.72$1,202.7260.7260.72$1,225.94$1,225.94$1,225.9473.5373.53$1,484.57$1,484.57$1,484.57 SIDE SHORT SIDE LONG FOOTAGE ASSESSED SIDE SHORT 36' ADJUSTED FOOTAGE SIDE LONG FOOTAGE ASSESSED SIDE SHORT SIDE LONG X:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\FAW.xlsx SIDE SHORT FOOTAGE40' ADJUSTED FOOTAGE32' ADJUSTED FOOTAGE SIDE LONG PLATTED ADBUTTING PETER N & RUNGTHIP O LANGSETH100.2168.6268.62JEFFREY A & SHARON A EVANDER75.5592.8392.83 319 IRIS LNST JOSEPH MN 56374CARRIE L BEAUDETTE63.4580.8080.80403 IRIS LN EST JOSEPH MN 56374HERBERT R HEFFERN64.8179.9679.96405 IRIS LN EST JOSEPH MN 56374JOSHUA LINGOFELT59.3582.1182.11409 IRIS LN NEST JOSEPH MN 56374CRAIG MARTHALER63.9881.5281.52413 IRIS LN NEST JOSEPH MN 56374BRENDA L BROWN70.5678.8278.82503 IRIS LNST JOSEPH MN 56374JON R & MARY JO FISH76.1376.0176.01511 IRIS LN NEST JOSEPH MN 56374NOLAN R ERICKSON246.1499.72205.55102.7879.8979.89$6,638.24$1,956.51$8,594.74$4,594.74$4,000.00814 2ND AVE NEST JOSEPH MN 56374LOREN MASSMANN141.5277.8577.85106 IRIS LN NEST JOSEPH MN 56374BRIAN ERICKSON126.2661.6461.64202 IRIS LN EST JOSEPH MN 56374208 IRIS LN EST JOSEPH MN 56374ERIC D THEISEN71.1179.9479.94212 IRIS LNST JOSEPH MN 56374216 IRIS LANE EST JOSEPH MN 56374KAREN S TADYCH61.8893.1793.17220 IRIS LANEST JOSEPH MN 56374RODNEY D & LORI WELCH68.9687.0787.07304 IRIS LNST JOSEPH MN 56374DARCY J RUESINK81.4978.7878.78310 IRIS LN NEST JOSEPH MN 56374CHRISTIAN IVERSON84.5976.2376.23316 IRIS LN EST JOSEPH MN 56374DANIEL K & JODI L KEEHR113.5576.4476.44404 IRIS LN NEST JOSEPH MN 56374JOSHUA A WOLTERMANN102.4774.5774.574 10 IRIS LN EST JOSEPH MN 56374BENJAMIN M & KIERA L FABER100.5177.9877.98504 IRIS LN NEST JOSEPH MN 56374CHRISTOPHER M UTECHT85.7474.1574.15510 IRIS LANE EST JOSEPH MN 56374JOHN W & BOBBI M HEINEN81.4576.8676.86514 IRIS LN NEST JOSEPH MN 56374BRADLEY J VAN VICKLE74.6077.0877.08518 IRIS LNST JOSEPH MN 56374JESSE J & JANELLE M STOCKER160.6024.66147.4773.74100.44100.44$4,762.54$2,459.78 $7,222.32$3,222.32$4,000.00605 IRIS LN NEST JOSEPH MN 56374ULISES AYALA129.6055.33110.1855.0983.1883.18$3,558.26$2,037.08$5,595.34$1,595.34$4,000.00609 IRIS LN NEST JOSEPH MN 56374BETH D DU PLESSIS67.4860.9960.99615 IRIS LN EST JOSEPH MN 56374JACOB J PETRON71.3168.9068.90619 IRIS LN NEST JOSEPH MN 56374JOHNATHON A ZWACK64.0872.0572.05623 IRIS LN EST JOSEPH MN 56374RYAN B HESLOP58.9365.3765.37627 IRIS LN EST JOSEPH MN 56374ADAM C ANDERSON59.0665.1565.15631 IRIS LN EST JOSEPH MN 56374COREY B MUELLER59.2965.6765.67606 IRIS LN EST JOSEPH MN 56374MELVIN D & SHAVON N GRAY155.3451.62138.3669.1882.6882.68$4,468.34$2,024.83$6,493.17$2,493.17$4,000.00610 IRIS LN EST JOSEPH MN 56374DAVID R YOUNG55.5962.9362.93614 IRIS LN NEST JOSEPH MN 56374MATHEW PICHELMAN55.8263.8763.87618 IRIS LN NEST JOSEPH MN 56374KARI K PETRIE67.3164.6364.63622 IRIS LN NEST JOSEPH MN 56374MICHAEL A MEARS82.2763.1463.14628 IRIS LN NEST JOSEPH MN 56374AMBER L WIESE76.3862.8662.8675 CALLAWAY ST EST JOSEPH MN 56374CITY OF ST JOSEPH399.34374.54374.5475 CALLAWAY ST EST JOSEPH MN 56374CITY OF ST JOSEPH10.0210.9510.95101 JASMINE LANE EST JOSEPH MN 56374JENNIFER A KRIPPNER59.6459.7159.71105 JASMINE LNST JOSEPH MN 56374KIRSTIN EDRALIN49.6560.7060.70107 JASMINE LN EST JOSEPH MN 56374KELLY CLEMENT45.8170.2970.29111 JASMINE LNST JOSEPH MN 56374THOMAS BOULTON51.3565.4965.49115 JASMINE LANE EST JOSEPH MN 56374GARY K EIKMEIER48.0863.4663.46119 JASMINE LNST JOSEPH MN 56374TAVION J BUCHANAN47.0764.3364.33123 JASMINE LNST JOSEPH MN 56374RICHARD STEPHENS JR98.3257.7357.73203 JASMINE LANE EST JOSEPH MN 56374SARAH A PHIPPS133.2777.0477.04903 3RD AVE NEST JOSEPH MN 56374ADAM J & AMANDA M BRILL118.8783.93110.4755.249 2.7692.76$1,352.71$1,872.82$3,225.53$3,225.53907 3RD AVE NEST JOSEPH MN 56374BRANDON BETTSCHEN59.27913 3RD AVE NEST JOSEPH MN 56374PAUL R ORVIS69.58917 3RD AVE NEST JOSEPH MN 56374JESSICA EWALD54.83 PARCEL ID NO.PROPERTY DESCRIPTIONPROPERTY ADDRESSMAILING ADDRESSOWNER OF RECORD 5084.53734.0233Lot(s) 002 Block(s) 002 NORTHLAND PLAT SIX319 IRIS LN E5184.53734.0234Lot(s) 003 Block(s) 002 NORTHLAND PLAT SIX403 IRIS LN E5284.53734.0235Lot(s) 004 Block(s) 002 NORTHLAND PLAT SIX405 IRIS LN E5384.53734.0236Lot(s) 005 Block(s) 002 NORTHLAND PLAT SIX409 IRIS LN E5484.53734.0237Lot(s) 006 Block(s) 002 NORTHLAND PLAT SIX413 IRIS LN NE5584.53734.0238Lot(s) 007 Block(s) 002 NORTHLAND PLAT SIX503 IRIS LN E5684.53734.0239Lot(s) 008 Block(s) 002 NORTHLAND PLAT SIX511 IRIS LN E5784.53734.0240Lot(s) 001 Block(s) 003 NORTHLAND PLAT SIX814 2ND AVE NE5884.53734.0241Lot(s) 002 Block(s) 003 NORTHLAND PLAT SIX106 IRIS LN E5984.53734.0242Lot(s) 003 Block(s) 003 NORTHLAND PLAT SIX202 IRIS LN E6084.53734.0243Lot(s) 004 Block(s) 003 NORTHLAND PLAT SIX208 IRIS LN E6184.53734.0244Lot(s) 005 Block(s) 003 NORTHLAND PLAT SIX212 IRIS LN E6284.53734.0245Lot(s) 006 Block(s) 003 NORTHLAND PLAT SIX216 IRIS LN E6384.53734.0246Lot(s) 007 Block(s) 003 NORTHLAND PLAT SIX220 IRIS LN E6484.53734.0247Lot(s) 008 Block(s) 003 NORTHLAND PLAT SIX304 IRIS LN E6584.53734.0248Lot(s) 009 Block(s) 003 NORTHLAND PLAT SIX310 IRIS LN E6684.53734.0249Lot(s) 001 Block(s) 004 NORTHLAND PLAT SIX316 IRIS LN E6784.53734.0250Lot(s) 002 Block(s) 004 NORTHLAND PLAT SIX404 IRIS LN E6884.53734.0251Lot (s) 003 Block(s) 004 NORTHLAND PLAT SIX410 IRIS LN E6984.53734.0252Lot(s) 004 Block(s) 004 NORTHLAND PLAT SIX504 IRIS LN E7084.53734.0253Lot(s) 005 Block(s) 004 NORTHLAND PLAT SIX510 IRIS LN E7184.53734.0254Lot(s) 006 Block(s) 004 NORTHLAND PLAT SIX514 IRIS LN E7284.53734.0255Lot(s) 007 Block(s) 004 NORTHLAND PLAT SIX518 IRIS LN E7384.53734.0256Lot(s) 001 Block(s) 005 NORTHLAND PLAT SIX605 IRIS LN E7484.53734.0257Lot(s) 002 Block(s) 005 NORTHLAND PLAT SIX609 IRIS LN E7584.53734.0258Lot(s) 003 Block(s) 005 NORTHLAND PLAT SIX615 IRIS LN E7684.53734.0259Lot(s) 004 Block(s) 005 NORTHLAND PLAT SIX619 IRIS LN E7784.53734.0260Lot(s) 005 Block(s) 005 NORTHLAND PLAT SIX623 IRIS LN E7884.53734.0261Lot(s) 006 Block(s) 005 NORTHLAND PLAT SIX627 IRIS LN E7984.53734.0262Lot(s) 007 Block(s) 005 NORTHLAND PLAT SIX631 IRIS LN E8084.53734.0263Lot(s) 001 Block(s) 006 NORTHLAND PLAT SIX606 IRIS LN E8184.53734.0264Lot (s) 002 Block(s) 006 NORTHLAND PLAT SIX610 IRIS LN E8284.53734.0265Lot(s) 003 Block(s) 006 NORTHLAND PLAT SIX614 IRIS LN E8384.53734.0266Lot(s) 004 Block(s) 006 NORTHLAND PLAT SIX618 IRIS LN E8484.53734.0267Lot(s) 005 Block(s) 006 NORTHLAND PLAT SIX622 IRIS LN E8584.53734.0268Lot(s) 006 Block(s) 006 NORTHLAND PLAT SIX628 IRIS LN E8684.53734.0269Lot(s) OUTLOT A Block(s) NORTHLAND PLAT SIX 8784.53734.0271Lot(s) PARK Block(s) NORTHLAND PLAT SIX 8884.53734.0272Lot(s) 001 Block(s) 001 NORTHLAND PLAT SEVEN101 JASMINE LN8984.53734.0273Lot(s) 002 Block(s) 001 NORTHLAND PLAT SEVEN105 JASMINE LN9084.53734.0274Lot(s) 003 Block(s) 001 NORTHLAND PLAT SEVEN107 JASMINE LN9184.53734.0275Lot(s) 004 Block(s) 001 NORTHLAND PLAT SEVEN111 JASMINE LN9284.53734.0276Lot(s) 005 Block(s) 001 NORTHLAND PLAT SEVEN115 JASMINE LN9384.53734.0277Lot(s) 006 Block(s) 001 NORTHLAND PLAT SEVEN119 JASMINE LN9484.53734.0278Lot(s) 007 Block(s) 001 NORTHLAND PLAT SEVEN123 JASMINE LN9584.53734.0279Lot(s) 008 Block(s) 001 NORTHLAND PLAT SEVEN203 JASMINE LN9684.53734.0280Lot(s) 009 Block(s) 001 NORTHLAND PLAT SEVEN903 3RD AVE NE9784.53734.0281Lot(s) 010 Block(s) 001 NORTHLAND PLAT SEVEN907 3RD AVE NE9884.53734.0282Lot(s) 011 Block(s) 001 NORTHLAND PLAT SEVEN913 3RD AVE NE9984.53734.0283Lot(s) 012 Block(s) 001 NORTHLAND PLAT SEVEN917 3RD AVE NE LINE NO. FINAL SPECIAL ASSESSMENT ROLL 2021 BITUMINOUS STREET AND UTILITY IMPROVEMENTSNORTHLAND Page 3 5/13/2021 TOTAL ASSESSMENT $64.59/LF$24.49/LF$20.19/LF 3,798.60$285,803.81 CITY SUBSIDY SUBTOTAL ASSESSMENT 40' WIDE OVERLAY (60%)36' WIDE OVERLAY (60%)32' WIDE OVERLAY (60%) $2,466.63$2,466.63$2,466.63$2,158.55$2,158.55$2,158.55$1,981.49$1,981.49$1,981.49$1,981.24$1,981.24$1,981.24$1,931.28$1,931.28$1,931.28$1,848.02$1,848.02$1,848.02$1,981.00$1,981.00$1,981.00$2,119.36$ 2,119.36$2,119.36$2,000.83$2,000.83$2,000.83$1,852.42$1,852.42$1,852.42$1,812.75$1,812.75$1,812.75$1,822.79$1,822.79$1,822.79$1,913.89$1,913.89$1,913.89$1,974.14$1,974.14$1,974.14$1,976.34$1,976.34$1 ,976.34$1,989.57$1,989.57$1,989.57$2,041.24$2,041.24$2,041.24$2,138.47$2,138.47$2,138.47$2,036.59$2,036.59$2,036.59$1,687.61$1,687.61$1,687.61$2,069.65$2,069.65$2,069.65$2,453.16$2,453.16$2,453.16$1, 833.32$1,833.32$1,833.32$1,845.81$1,845.81$1,845.81$1,855.36$1,855.36$1,855.36$1,867.85$1,867.85$1,867.85$1,863.93$1,863.93$1,863.93$1,822.06$1,822.06$1,822.06$1,841.65$1,841.65$1,841.65$1,864.67$1,8 64.67$1,864.67 SPECIAL ASSESSMENTS FOOTAGE40' OVERLAY36' OVERLAY32' OVERLAY ASSESSED 94.9194.91$1,916.23$1,916.23$1,916.2369.3569.35$1,400.18$1,400.18$1,400.1854.6354.63$1,102.98$1,102.98$1,102.9852.9652.96$1,069.26$1,069.26$1,069.26 SIDE SHORT SIDE LONG FOOTAGE ASSESSED SIDE SHORT 36' ADJUSTED FOOTAGE SIDE LONG FOOTAGE ASSESSED SIDE SHORT SIDE LONG X:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\FAW.xlsx SIDE SHORT FOOTAGE40' ADJUSTED FOOTAGE32' ADJUSTED FOOTAGE 200.0042.64166.2183.1196.7396.73$5,367.75$2,368.92$7,736.67$3,736.67$4,000.00 SIDE LONG PLATTED ADBUTTING TOTALS3072.4410417.891746.851084.181957.61719.407125.307485.00216.382856.302964.49$126,441.71$183,307.65$59,853.05$369,602.41$8 ALLEN A MCSHERRY REV TRUST84.16PAUL G & SUZANNE M GEPPERT93.0274.4074.40 921 3RD AVE NEST JOSEPH MN 56374MICHAEL P SPANIOL83.06922 3RD AVE NEST JOSEPH MN 56374916 3RD AVE NEST JOSEPH MN 56374BRIAN M & BARBARA K THEISEN59.54910 3RD AVE NEST JOSEPH MN 56374DANIEL N VOIGT80.48906 3RD AVE NEST JOSEPH MN 56374TRAVIS J LEHNER139.0091.54143.9371.9780.5980.59$1,762.42$1,627.11$3,389.53$3,389.53106 JASMINE LNST JOSEPH MN 56374ABIGAIL K JOHNSON213.80100.72100.72116 JASMINE LNST JOSEPH MN 56374GERRIT W & ANGELA FONKERT38.4588.1488.147562 LIMERICK WAYST JOSEPH MN 56374JAMES GRACE39.7180.9180.91124 JASMINE LNST JOSEPH MN 56374DAVID LEMKE37.8980.9080.90128 JASMINE LNST JOSEPH MN 56374DERRICK & MELISSA ABRAHAM72.4478.8678.86202 JASMINE LNST JOSEPH MN 56374BENJAMIN A BRUNNER78.1475.4675.46206 JASMINE LNST JOSEPH MN 56374JASON & KARI WEISSER72.0480.8980. 89210 JASMINE LNST JOSEPH MN 56374MICHAEL L FOLKERTS64.5586.5486.54214 JASMINE LNST JOSEPH MN 56374CRAIG D KERN68.3981.7081.70218 JASMINE LNST JOSEPH MN 56374BRIAN A HUNTLEY75.6575.6475.64306 JASMINE LNST JOSEPH MN 56374JACQUELINE M REINEKE84.0174.0274.02309 JASMINE LNST JOSEPH MN 56374CHAD MINETTE81.1174.4374.43313 JASMINE LNST JOSEPH MN 56374SHAWN M & CHERYL G GERADS75.4078.1578.15317 JASMINE LNST JOSEPH MN 56374BRADLEY HAAG73.5280.6180.61321 JASMINE LNST JOSEPH MN 56374JUAN CASTILLO71.1480.7080.70405 JASMINE LNST JOSEPH MN 56374RANDY A LEMKE66.7181.2481.24409 JASMINE LNST JOSEPH MN 56374PAMELA A PIERSKALLA65.1983.3583.35413 JASMINE LNST JOSEPH MN 56374ADAM D BLENKUSH67.7987.3287.32417 JASMINE LNST JOSEPH MN 56374JUSTIN J RADUENZ71.1283.1683.16503 JASMINE LNST JOSEPH MN 56374WILLIAM D WATERHOUSE JR281.06151.68160.5680.28105.50105.50$5,185.29$2,583.70$7,768.98$3,768.98$4,000.00603 JASMINE LNST JOSEPH MN 56374KRIS A MURPHY126.1755.24109.5754.79 88.2588.25$3,538.56$2,161.24$5,699.81$1,699.81$4,000.00609 JASMINE LNST JOSEPH MN 56374RYAN KLASSEN68.9368.9168.91613 JASMINE LNST JOSEPH MN 56374CHRISTOPHER M SVIHLA83.9484.5184.51608 JASMINE LNST JOSEPH MN 56374MARY J BRUTGER133.2269.33115.0057.5093.9993.99$3,713.93$2,301.82$6,015.74$2,015.74$4,000.00614 JASMINE LNST JOSEPH MN 56374ROCHELLE M LARUE99.56100.17100.171230 8TH ST SWAITE PARK MN 56387PATRICIA M BRANNAN TRUST86.7974.8674.86314 JASMINE LNST JOSEPH MN 56374MITCHEL K EVENS83.9275.3775.37318 JASMINE LNST JOSEPH MN 56374BRYAN ERICKSON84.4775.7675.76406 JASMINE LNST JOSEPH MN 56374MATTHEW S & AMY J HANSEN83.4876.2776.27410 JASMINE LNST JOSEPH MN 56374ALISON T VOUK87.5176.1176.11414 JASMINE LNST JOSEPH MN 56374418 JASMINE LNST JOSEPH MN 56374RYAN & JACLYN KLINKNER86.1475.2075.20422 JASMINE LNST JOSEPH MN 56374BRANDON ESCOBAR76.3376.1476.14506 JASMINE LNST JOSEPH MN 56374RILEY R VANHEEL 84.53734.0322Lot(s) 009 Block(s) 004 NORTHLAND PLAT EIGHT506 JASMINE LN PARCEL ID NO.PROPERTY DESCRIPTIONPROPERTY ADDRESSMAILING ADDRESSOWNER OF RECORD 10084.53734.0284Lot(s) 013 Block(s) 001 NORTHLAND PLAT SEVEN921 3RD AVE NE10184.53734.0285Lot(s) 001 Block(s) 002 NORTHLAND PLAT SEVEN922 3RD AVE NE10284.53734.0286Lot(s) 002 Block(s) 002 NORTHLAND PLAT SEVEN916 3RD AVE NE10384.53734.0287Lot(s) 003 Block(s) 002 NORTHLAND PLAT SEVEN910 3RD AVE NE10484.53734.0288Lot(s) 004 Block(s) 002 NORTHLAND PLAT SEVEN906 3RD AVE NE10584.53734.0289Lot(s) 001 Block(s) 003 NORTHLAND PLAT SEVEN106 JASMINE LN10684.53734.0290Lot(s) 002 Block(s) 003 NORTHLAND PLAT SEVEN116 JASMINE LN10784.53734.0291Lot(s) 003 Block(s) 003 NORTHLAND PLAT SEVEN120 JASMINE LN10884.53734.0292Lot(s) 004 Block(s) 003 NORTHLAND PLAT SEVEN124 JASMINE LN10984.53734.0293Lot(s) 005 Block(s) 003 NORTHLAND PLAT SEVEN128 JASMINE LN11084.53734.0294Lot(s) 006 Block(s) 003 NORTHLAND PLAT SEVEN202 JASMINE LN11184.53734.0295Lot(s) 007 Block(s) 003 NORTHLAND PLAT SEVEN206 JASMINE LN11284.53734.0296Lot(s) 008 Block(s) 003 NORTHLAND PLAT SEVEN210 JASMINE LN11384.53734.0297Lot(s) 009 Block(s) 003 NORTHLAND PLAT SEVEN214 JASMINE LN11484.53734.0298Lot(s) 010 Block(s) 003 NORTHLAND PLAT SEVEN218 JASMINE LN11584.53734.0299Lot(s) 001 Block(s) 004 NORTHLAND PLAT SEVEN306 JASMINE LN11684.53734.0300Lot(s) 001 Block(s) 001 NORTHLAND PLAT EIGHT309 JASMINE LN11784.53734.0301Lot(s) 002 Block(s) 001 NORTHLAND PLAT EIGHT313 JASMINE LN11884.53734.0302Lot(s) 003 Block(s) 001 NORTHLAND PLAT EIGHT317 JASMINE LN11984.53734.0303Lot(s) 004 Block(s) 001 NORTHLAND PLAT EIGHT321 JASMINE LN12084.53734.0304Lot(s) 005 Block(s) 001 NORTHLAND PLAT EIGHT405 JASMINE LN12184.53734.0305Lot(s) 006 Block(s) 001 NORTHLAND PLAT EIGHT409 JASMINE LN12284.53734.0306Lot(s) 007 Block(s) 001 NORTHLAND PLAT EIGHT413 JASMINE LN12384.53734.0307Lot(s) 008 Block(s) 001 NORTHLAND PLAT EIGHT417 JASMINE LN12484.53734.0308Lot(s) 009 Block(s) 001 NORTHLAND PLAT EIGHT503 JASMINE LN12584.53734.0309Lot(s) 001 Block(s) 002 NORTHLAND PLAT EIGHT603 JASMINE DR12684.53734.0310Lot(s) 002 Block(s) 002 NORTHLAND PLAT EIGHT609 JASMINE LN12784.53734.0311Lot(s) 003 Block(s) 002 NORTHLAND PLAT EIGHT613 JASMINE LN12884.53734.0312Lot(s) 001 Block(s) 003 NORTHLAND PLAT EIGHT608 JASMINE LN12984.53734.0313Lot(s) 002 Block(s) 003 NORTHLAND PLAT EIGHT614 JASMINE LN13084.53734.0314Lot(s) 001 Block(s) 004 NORTHLAND PLAT EIGHT310 JASMINE LN13184.53734.0315Lot(s) 002 Block(s) 004 NORTHLAND PLAT EIGHT314 JASMINE LN13284.53734.0316Lot(s) 003 Block(s) 004 NORTHLAND PLAT EIGHT318 JASMINE LN13384.53734.0317Lot(s) 004 Block(s) 004 NORTHLAND PLAT EIGHT406 JASMINE LN13484.53734.0318Lot(s) 005 Block(s) 004 NORTHLAND PLAT EIGHT410 JASMINE LN13584.53734.0319Lot(s) 006 Block(s) 004 NORTHLAND PLAT EIGHT414 JASMINE LN13684.53734.0320Lot(s) 007 Block(s) 004 NORTHLAND PLAT EIGHT418 JASMINE LN13784.53734.0321Lot(s) 008 Block(s) 004 NORTHLAND PLAT EIGHT422 JASMINE LN138 LINE NO. FINAL SPECIAL ASSESSMENT ROLL 2021 BITUMINOUS STREET AND UTILITY IMPROVEMENTSNORTHLANDX:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\\[FAW.xlsx\]Total Assessments Tables Page 5 L 5/13/2021 TOTA ASSESSMENT Y $122.93/LF CIT SUBSIDY % L SUBTOTA ASSESSMENT (LF) RECONSTRUCT (60 FOOTAGE ASSESSED SIDE SHORT SIDE LONG 114.96180.78180.78$22,223.29$4,789.29$17,434.00 SIDE SHORT SIDE LONG TOTALS563.67114.96574.44180.78468.00$57,531.24$5,534.95$51,996.29 KREBSBACH R EST HOLDINGS LLC348.23295.61147.81$18,169.67$745.67$17,424.00 X:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\FAW.xlsx 649B NOKOMIS DROSCEOLA WI 540201200 LANIGAN WAY SW #1304ST JOSEPH MN 56374JOHN E KREBSBACH215.44278.83139.42$17,138.29$17,138.291200 LANIGAN WAY SW #1304ST JOSEPH MN 56374JOHN E KREBSBACH Lot(s) 005 Block(s) 003 K & L PROPERTIES1717 BAKER ST E PARCEL ID NO.PROPERTY DESCRIPTIONPROPERTY ADDRESSMAILING ADDRESSOWNER OF RECORD 184.53547.0005Lot(s) 003 Block(s) 002 K & L PROPERTIES284.53547.0009Lot(s) 004 Block(s) 003 K & L PROPERTIES384.53547.0010 LINE NO. PRELIMINARY SPECIAL ASSESSMENT ROLL 2021 BITUMINOUS STREET AND UTILITY IMPROVEMENTS18TH AVENUE SEX:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\\[FAW.xlsx\]Total Assessments Tables 5/12/2021 APPENDIX B Page 6 TOTAL SPECIAL DEFERRED ASSESSMENTS $273.06PER LF $8,050.40PER ACRE $16,881.97PER SERVICE SPECIAL TOTAL DIRECT ASSESSMENTS 72,421.15$348,730.58 CITY SUBSIDY WATER MAIN (100%) SPECIAL ASSESSMENT APPRAISAL REPORT RATES SANITARY SEWER (100%) $33,029.34$16,718.31$16,311.02$17,989.19$17,989.19 $191,142.00$62,583.69$128,558.31$173,379.45$108,937.30$64,442.15 SPECIAL ASSESSMENTS SUBTOTAL DIRECT STREET & STORM SEWER (100%) (32' WIDTH BASIS) Y/N SPECIAL DEFERRED ASSESSMENT SEWER SANITARY Y/N SPECIAL DEFERRED ASSESSMENT SPECIAL ASSESSMENT MAIN WATER Y/N SPECIAL DEFERRED ASSESSMENT (100%) STORM STREET & 5/13/2021 WATER SERVICE FOOTAGE ABUTTING ASSESSED 65.8865.88$17,989.19NO 158.04634.95634.95$173,379.45NO FOOTAGE ABUTTING LOT ASSESSMENT AREA (ACREAGE) LOT AREA (ACREAGE) DEVELOPABLE LOW MEDIUMMEDIUM DENSITY4.134.13457.77457.77$124,998.68NO$33,241.72YES$158,240.40$75,656.37$49,550.41$33,033.61DENSITYDENSITY5.37 LOT TYPE NOTHE OAKS ON 20TH OF ST JOSEPH LLLP ACRESPROPERTY OWNER GREEN 84.53799.0501 84.53799.0500; 184.53300.0288NORIVER BATS STADIUM LLCCOMMERCIAL17.8817.88891.55891.552.00$243,446.64YES$33,763.94YES$143,941.15YES$421,151.74$284.53547.0003NOKREBSBACH R EST HOLDINGS LLCCOMMERCIAL1.02241.92120.96$3 3,029.34NO384.53550.0088NOST JOSEPH VISTA LLC484.53550.0102NOLIBERTY POINTE HOMEOWNERS ASO584.53798.0500NOUNITED STATES OF AMERICACOMMERCIAL8.03700.00700.00$191,142.00NO684.53799.0502NOCITY OF ST. JOSEPHCOMMERCIAL7 X:\\PT\\S\\STJOE\\157240\\2-proj-mgmt\\25-cost-est\\Assessments\\FAW.xlsx PRELIMINARY SPECIAL ASSESSMENT ROLL 2021 STREET & UTILITY IMPROVEMENTS20TH AVENUE SE ITEM NO.PARCEL ID NO. RESOLUTION 2021-027 DECLARING COSTS TO BE ASSESS AND ORDERING PREPARATION OF PROPOSED ASSESSMENT 2021 Street & Utility Improvements WHEREAS, a resolution of the city council adopted on the 23rd day of November, 2020, fixed a date for a council hearing on the proposed improvement to Jasmine Ln, between CSAH 2 and a point approximately 250 feet east of Northland Dr; 3rd Ave NE, north of Jasmine Ln; Iris Ln, between a point approximately 150 feet north of Hickory St E and a point approximately 500 feet east of Northland Dr; Northland Dr between Gumtree St and a point approximately 150 feet north of Jasmine Ln; Hickory Dr, Hackberry Dr, and 7th Ave NE, east of Northland Dr; 18th Ave SE between Baker St E and Minnesota St E; by constructing pavement surface improvements; to th improve 20 Ave SE south of Minnesota St E by constructing sanitary sewer, storm sewer, storm water management, lighting, and urban pavement improvements; and to improve the alleys between 3rd Ave NW, 1st Ave NW, Minnesota St W, and Ash St W by constructing sanitary sewer, water main, storm drainage, and pavement surface improvements and to assess the benefited property for a portion of the cost of the improvement. The estimated cost for such improvement is $2,699,250, and the expenses incurred or to be incurred in the making of such improvement amount to $815,650 so that the total cost of the improvement will be $3,514,900. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ST. JOSEPH, MINNESOTA: 1.The portion of the cost of such improvement to be paid by the city is hereby declared to be $2,290,700 and the portion of the cost to be assessed against benefitted property owners is declared to be $1,224,200. 2.Assessments shall be payable in equal installments extending over a period of 10 years, the first of the installments to be payable on or before the first Monday in January 2022, and shall bear interest at a rate of 3.0 percent per annum from the date of the adoption of the assessment resolution. 3.The City Administrator, with the assistance of the City Engineer, shall forthwith calculate the proper amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land within the district affected, without regard to cash valuation, as provided by law, and a file copy of such proposed assessment be available at the Administrator’s office for public inspection. 4.The City Administrator shall upon the completion of such proposed assessment, notify the council thereof. Adopted by the Council this 17th day of May, 2021. ________________ _______ Rick Schultz, Mayor ATTEST Therese Haffner, City Administrator RESOLUTION 2021-028 HEARING ON PROPOSED ASSESSMENT 2021 Street & Utility Improvements WHEREAS, a resolution passed by the City Council on May 17, 2021, the City Administrator and City Engineer were directed to prepare a proposed assessment of the cost of the 2021 Street and Utility Improvement Project which affects the following areas: Jasmine Ln, between CSAH 2 and a point approximately 250 feet east of Northland Dr; 3rd Ave NE, north of Jasmine Ln; Iris Ln, between a point approximately 150 feet north of Hickory St E and a point approximately 500 feet east of Northland Dr; Northland Dr between Gumtree St and a point approximately 150 feet north of Jasmine Ln; Hickory Dr, Hackberry Dr, and 7th Ave NE, east of Northland Dr; 18th Ave SE between Baker St E th and Minnesota St E; by constructing pavement surface improvements; to improve 20Ave SE south of Minnesota St E by constructing sanitary sewer, storm sewer, storm water management, lighting, and urban pavement improvements; and to improve the alleys between 3rd Ave NW, 1st Ave NW, Minnesota St W, and Ash St W by constructing sanitary sewer, water main, storm drainage, and pavement surface improvements. AND WHEREAS, the City Administrator has notified the council that such proposed assessment has been completed and filed in his/her office for public inspection. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF ST. JOSEPH, MINNESOTA: 1. A hearing shall be held on the 7th day of June, 2021, in the St. Joseph Government Center located at 75 Callaway St E, St. Joseph, MN at 6:00 PM, or shortly thereafter, to pass upon such proposed assessment and at such time and place all persons owning property affected by such improvement will be given an opportunity to be heard with reference to such assessment. 2. The City Clerk is hereby directed to cause a notice of the hearing on the proposed assessment to be published once in the official newspaper at least two weeks prior to the hearing, and the notice shall state the total cost of the improvement. Notices shall be mailed to the owner of each parcel described in the assessment roll not less than two weeks prior to the hearings. 3. The owner of any property so assessed may, at any time prior to certification of the assessment to the county auditor, pay the whole of the assessment on such property, with interest accrued to the date of payment, to the date of payment, except that no interest shall be charged if the entire assessment is paid within 30 days from the adoption of the assessment. An owner may at any time thereafter, pay to the City Administrator the entire amount of the assessment remaining unpaid, with interest accrued to December 31 of the year in which such payment is made. Such payment must be made before November 15 or interest will be charged through December 31 of the succeeding year. Adopted by the Council this 17th day of May, 2021. ________________ _______ Rick Schultz, Mayor ATTEST Therese Haffner, City Administrator THERESE HAFFNER CITY ADMINISTRATOR 75 Callaway Street East St Joseph, MN 56374 thaffner@cityofstjoseph.com ADMINISTRATION REPORT TO: HONERABLE MAYOR AND CITY COUNCIL DATE: May 13, 2021 SUMMARY Met with Account Technician Vicky Granite on processing the annual rental license permits since thisis her first year processing permits. Staff has had meetings with Trobec’s Bus Service on developing in the Northland Business Center industrial park. Added responses to questions on the City’s website pertaining to the RFP’s for the community center and old police station/fire hallprojects Drafted RFP for community center fundraising services. Reviewed job applications for the police officer position. Attended Fire Board Meeting. STAFF Continue to meet with staff regularly. UPCOMING MEETINGS& EVENTS Elementary students from the Catholic School will be touring the St. Joseph Government Center this week. Lori and I will be attending webinars on the American Rescue Plan Funding. Nate and I will be attending Advocates for Community Team (ACT) meeting supported by a grant from the Laura J. Musser’s Intercultural Harmony program. The project aims to bring together a diverse group of CSB/SJU students and employees, city officials, business owners, and sisters of St. Benedict’s Monastery over a year to explore race and transformative inclusion in St. Joseph, build relationships, and develop an action plan for how St. Joseph residents can co- create an inclusive community where all members can participate fully. -THERESE LORI BARTLETT FINANCEDIRECTOR 75 Callaway Street East St Joseph, MN 56374 lbartlett@cityofstjoseph.com FINANCE DEPARTMENT REPORT TO: HONORABLE MAYOR AND CITY COUNCIL DATE: May 13, 2021 SUMMARY Met with Trobec’s and CLC Partners to review project and impact of abatement agreement. th Budget work continues. Workshop with council planned on May 25 to go through staffing and capital planning.The debt management study will follow when the 2021 street project bonds are issued. Still processing many dog license renewals (now $25), compost permits, park rentals. Rental renewals were sent and inspections are being scheduled. Utility bills were mailed on 5/14 for March and April water usage. ARPA Stimulus Funds – Still waiting on direction from the US Treasury. More guidance is expected any day. Therese and Lori scheduled for upcoming webinars to go through the guidance. SCAWAC, City of Foley connection, all area cities approved the amended pooled capacity agreement. STAFF Assisted scoring police officer applications Attended Fire Board meeting. Preliminary audit meeting with myself, audit firm and Therese Finance Tech applications due 5/20 UPCOMING MEETINGS& EVENTS Webinar for ARPA stimulus funds 5/18 -LORI NATE KELLER, AICP COMMUNITY DEVELOPMENT DIRECTOR 75 CALLAWAY STREET EAST ST. JOSEPH, MN 56374 nkeller@cityofstjoseph.com COMMUNITY DEVELOPMENT REPORT To:HONORABLE MAYOR AND CITY COUNCIL th DATE:May 17, 2021 ECONOMIC DEVELOPMENT BR&E visits with Rolling Ridge and Arlington Place. CVB Strategic Plan. Final draft will be presented to Council in June. CVB approved of Final draft thth at May 10 meeting. EDA action will occur on May 18. Grant research re: utility extensions, and brownfield redevelopment. PLANNING Planning Commission: th Ordinance updates: Conducted public hearings at May 10meeting regarding ordinance amendments for: o Fences (revised amendments based on Council feedback) o Activities within easements (specifically as it relates to fences) o Signage amendments. Amendments would add “Wayfinding” signs as allowed, and prohibit “Dynamic Displays” e.g. Electronic/digital signs in the B-1 Downtown district. Ordinance amendment revision o Staff will be presenting a slight change to remove limitations associated with size of outdoor patios. Recent amendments limited patios to no greater then 49% the size of the principal structure. PC informally discussed the limitations and agreed to remove. The total impervious surface limits are still capped by the allowance of the Zoning district. Formal change will come to Council in June. Other Continuation of ADA Transition Plan draft. Final draft to be presented in next couple of months. St. Cloud APO has begun Project Management Team meetings pertaining to the Beltway (SW corridor area). You may recall the Beltway is an idea which pertains to a “ring road” around the St. Cloud Metro area. The study will help define a preferred alignment of the Beltway. Below shows the approximate study area: MN Housing Finance agency program. I’ve attached the spreadsheet highlighting St. Joseph’s usage rate. th . Launch of Hollow Park survey. Survey will run until May 19 The bike share system at the Wobegon trailhead is up and running. Big thank you to Meredith Lyon from the City of Waite Park who has helped solve some of the early season hiccups! MEETINGS & EVENTS Developer and staff meetings for Industrial park inquires Meetings with sign companies pertaining to City Gateway Sign entrances Attended training on Tax Increment Financing offered through Ehlers thth – 7. This Attended a Virtual Conference through the National Planners Association May 5 provided great topic refreshers and helped me complete my certification credits as part of my American Institute of Certified Planners certification (which I received in December). Nate RYAN WENSMANN PUBLIC WORKS SUPERINTENDENT 75 Callaway Street East St Joseph, MN 56374 rwensmann@cityofstjoseph.com PUBLIC WORKS REPORT TO: HONORABLE MAYOR AND CITY COUNCIL DATE:May 13, 2021 SUMMARY Dog Park water line complete Crack/chip seal bids Streetscape project on schedule Hanging flower baskets 26MAY2021 New service doors at Centennial and ball Park STAFF Street sweeping Flushing sanitary sewers Reading/repairing water meters Mowing Storm pond maintenance (burning) Park maintenance Maintain and operation of five lift stations, two water plants, and storm water system Customer concerns, questions, requests UPCOMING MEETINGS& EVENTS Staff will continue water/waste water/storm water Ed (Leak detection) Safety training with League of Minnesota Cities (De-escalation) CMWEA Monthly meeting -Ryan DWIGHT PFANNENSTEIN POLICE CHIEF 75 Callaway Street East St Joseph, MN 56374 POLICE dpfannenstein@cityofstjoseph.com POLICE DEPARTMENT REPORT TO: HONERABLE MAYOR ANDCITY COUNCIL DATE: May 13, 2021 SUMMARY Short, simple, sweet! COVID restrictions are slowly loosening up. Life is getting more normal? For the most part life has just stayed consistent and busy. Numbers thus far: April 2020, 20800883 to 20801161 for a monthly total of 278. This year April 2021, 21801006 to 21801452 for a monthly total of 446! An increase of 168 ICRs more than the previous years same period. The ICRs we are using now in 2020 we not th used until June 10or later. So, as we have said in the past, we are still getting busier every day. th Graduation wrap up May 14,2021. STAFF Interviews for officer position. UPCOMING MEETINGS& EVENTS Parade?, Joe Town Blocks, Marketplace, Mondays, and various summersolo events.