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5.b)i) Park Improvement Funds Revenue Expenditure and Fund BalancePARK CAPITAL IMPROVEMENTS (FUND 404) 2016 2017 2017 2018 Account Description Actual Yr -to -Date Adopted Proposed FUND BALANCE Revenue $ 8,253 $ 4,920 $ 33,700 $ 226,700 (24,907) $ (21,907) $ (29,107) $ (23,407) Designated - Wayne Erickson $ 15,125 Expenditures $ - $ 3,003 $ 34,700 $ 17,220 (9,642) $ (22,758) $ (162) Net Revenues (Expenditures) $ 8,253 $ 1,917 $ (1,000) $ 209,480 Balance January 1 $ (19,812) $ (11,559) $ (11,559) $ (9,642) Balance December 31 $ (11,559) $ (9,642) $ (12,559) $ 199,838 Advance from (to) Capital Improvement fund 1 $ (6,000) $ (6,000) $ (6,000) $ (6,000) CASH BALANCE 12/31 $ 17,441 $ (4,083)1 $ 10,4411 $ 199,397 Balance by sub -fund Undesignated $ (1,777) $ (1,777) $ (1,776) $ 9,224 Designated - Lilliskogen $ (24,907) $ (21,907) $ (29,107) $ (23,407) Designated - Wayne Erickson $ 15,125 $ 14,042 $ 8,125 $ 14,022 $ (11,559) $ (9,642) $ (22,758) $ (162) Balance due to Capital Improvement Fund $ 29,000 $ 23,000 $ 11,000 $ 5,000 PARK CAPITAL IMPROVEMENTS (FUND 404) 2016 2017 2017 2018 Account Description Actual Yr -to -Date Adopted Proposed REVENUE Taxes Total Property Taxes 0 0 0 11,000 Intergovernmental Revenues 33640 Other Grants Total Intergovernmental Aid Charges for Services 34730 Ballfield Ad Revenue $ 2,100 $ 1,920 $ 2,700 $ 2,200 34780 Park Dedication Fees $ 6,000 $ 3,000 $ 6,000 $ 6,000 Total Charges for Services $ 8.100 $ 4.920 $ 8.700 $ 8.200 Other Income 36210 Interest Income $ 61 36230 Donations $ 93 $ - $ 25,000 $ 7,500 36260 Sale of property $ 200,000 Total Other Income $ 153 $ - $ 25,000 $ 207,500 Other Financing Sources Total Other Financing S Other Financing Sources Total Other Financing Sources $ - $ - $ - $ - 1,200 121 PERA Coord. Employer Contribution $ - $ 100 $ 100 122 FICA Employer Contribution $ - $ Total Park Capital Improvements Fund 404 $ 8,253 $ 4,920 1 $ 33,700 1 $ 226,700 EXPENDITURES Personal Services 104 Temp Employee Wages $ - $ 1,200 $ 1,200 121 PERA Coord. Employer Contribution $ - $ 100 $ 100 122 FICA Employer Contribution $ - $ 100 $ 100 Total Personal Services $ - $ - $ 1,400 $ 1,400 Materials & Supplies 210 Operating Canital Outlays 520 Capital Improvements to Bldgs $ - $ - $ 25,000 $ 15,000 530 Capital Improvements other than Bldg $ - $ 3,003 $ 7,500 $ - 540 Heavy Machinery Capital Total Capital Outlays $ - $ 3,003 $ 32,500 $ 15,000 Total Dept. Fund 404 $ - 1 $ 3,003 1 $ 34,700 1 $ 17,220 PARK CAPITAL IMPROVEMENTS (FUND 404) Account Description $ 2016 Actual $ 2017 Yr -to -Date $ 2017 Adopted $ 2018 Proposed Expenditure FUND DESIGNATIONS $ (3,003) $ (9,700) $ (35,200) Undesignated (15,000) Net $ 6,093 $ 3,000 $ (4,200) Revenue $ 61 $ - $ - $ 11,000 Expenditure $ - $ - $ - $ - Net $ 61 $ - $ - $ 11,000 Balance 1/1 $ (1,837) $ (1,776) $ (1,776) $ (1,776) Transfer Balance 12/31 1 $ (1,776) $ (1,776) $ (1,776)1 $ 9,224 Lilleskoeen Revenue $ 6,093 $ 3,000 $ 31,000 $ 13,500 Expenditure - $ (3,003) $ (9,700) $ (35,200) $ (15,000) Net $ 6,093 $ 3,000 $ (4,200) $ (1,500) Balance 1/1 $ (31,000) $ (24,907) $ (24,907) $ (21,907) Transfer Balance 12/31 $ 15,125 1 $ 14,042 1 Balance 12/31 $ (24,907) $ (21,907) $ (29,107) $ (23,407) Wavne Erickson Revenue $ 2,100 $ 1,920 $ 2,700 $ 2,200 Expenditure $ - $ (3,003) $ (9,700) $ (2,220) Net $ 2,100 $ (1,083) $ (7,000) $ (20) Balance 1/1 $ 13,025 $ 15,125 $ 15,125 $ 14,042 Transfer Balance 12/31 $ 15,125 1 $ 14,042 1 $ 8,125 1 $ 14,022 Undesignated Cycling & trails $ - $ - $ - $ IMPROVEMENTS BY LOCATION Lilleskogen - to be 100% funded through grants & donations Picnic shelter $ - $ - $ 25,000 $ 15,000 Other improvements - $ 5,000 $ $ - $ - $ 25,000 $ 15,000 Wayne Erickson - to be funded through advertising revenues Bleacher/ Concession improvements $ - $ 5,000 $ 7,500 Playground replacement Undesignated Cycling & trails $ - $ - $ - $ $ - $ 5,000 $ 7,500 $ Undesignated Cycling & trails $ - $ - $ - $