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7.a) 2018 - 2022 Capital Improvements Budget adopted by City Council
PARK CAPITAL IMPROVEMENTS (FUND 404) Account Description 2018 Proposed 2019 Proposed 2020 Proposed 2021 Proposed 2022 Proposed FUND BALANCE Revenue $ 215,700: $ 8,200: $ 28,200: $ 8,200: $ 8,200 Expenditures $ 18,220: $ 3,320: $ 23,430: $ 3,540: $ 48,650 Net Revenues (Expenditures) $ 197,480 $ 4,880 $ 4,770 $ 4,660 $ (40,450)_ Balance January $ (4,046)_ $ 193,434 _ $ 198,314 _ $ 203,084 _ $ 207,744 Balance December 31 $ 193,434 _ $ 198,314 _ $ 203,084 _ $ 207,744 _ $ 167,294 Advance from (to) Capital Improvement fund $ (6,000)_ $ (6,000)_ $ (6,000)_ $ (5,000)_ $ - CASH BALANCE 12/31 $ 189,993 _ $ 188,873 _ $ 187,643 _ $ 187,303 _ $ 146,853 Balance by sub -fund Undesignated Designated - Lilleskogen Designated - Wayne Erickson $ $ $ 198,224 (16,907) 12,118 $ 198,224 $ (10,907) $ 10,998 $ $ $ 198,224 (4,907) 9,768 $ $ $ 198,224 1,093 8,428 $ $ $ 198,224 7,093 (38,022) $ 193,435 $ 198,315 $ 203,085 $ 207,745 $ 167,295 PARK CAPITAL IMPROVEMENTS (FUND 404) 2018 2019 2020 2021 2022 Account Description Proposed Proposed Proposed Proposed Proposed REVENUE Taxes Total Property Taxes $ - $ - $ - $ - Intergovernmental Revenues 33640 Other Grants $ 15,000 Total Intergovernmental Aid $ - $ - $ 15,000 540 _ $ Charges for Services _ $ 580 101 Regular Wages & Salaries $ - $ - 34730 Ballfield Ad Revenue $ 2,200 $ 2,200 $ 2,200 $ 2,200 $ 2,200 34780 Park Dedication Fees $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 Total Charges for Services $ 8,200 $ 8,200 _ $ 8,200 _ $ 8,200 _ $ 8,200 Other Income 100 _ $ 100 122 FICA Employer Contribution $ 100 _ $ 36210 Interest Income $ 100 _ $ 100 _ $ 100 126 Medicare 36230 Donations $ 7,500 _ $ - $ 5,000 _ $ - $ - 36260 Sale of property $ 200,000 $ 1,400: $ 1,440: $ Total Other Income $ 207,500 $ - $ 5,000 $ - $ - Other Financing Sources - $ 20,000 _ $ - $ 45,000 Total Other Financing S Total Park Capital Improvements Fund 404 $ 215,700 _ $ 8,200 _ $ 28,200 _ $ 8,200 _ $ 8,200 EXPENDITURES Personal Services $ 500 _ $ 520 _ $ 540 _ $ 560 _ $ 580 101 Regular Wages & Salaries $ - $ - $ - $ - $ - 104 Temp Employee Wages $ 1,200 _ $ 1,240 _ $ 1,280 _ $ 1,320 _ $ 1,360 121 PERA Coord. Employer Contribution $ 100 _ $ 100 _ $ 100 _ $ 100 _ $ 100 122 FICA Employer Contribution $ 100 _ $ 100 _ $ 100 _ $ 100 _ $ 100 126 Medicare $ - $ - $ - $ - $ - Total Personal Services $ 1,400: $ 1,440: $ 1,480: $ 1,520: $ 1,560 Materials & Supplies $ 15,000 _ $ - $ 20,000 _ $ - $ 45,000 210 Operating Supplies & Equipment $ 820 $ 840 $ 870 $ 900 $ 930 Contractual Services 381 Utilities $ 500 _ $ 520 _ $ 540 _ $ 560 _ $ 580 384 Refuse Disposal $ 500 $ 520 _ $ 540 _ $ 560 _ $ 580 Total Contractual Services $ 1,000 _ $ 1,040 _ $ 1,080 _ $ 1,120 _ $ 1,160 Capital Outlays 520 Capital Improvements to Bldgs $ 15,000 530 Capital Improvements other than Bldg_ $ - $ - $ 20,000 _ $ - $ 45,000 540 Heavy Machinery Capital Total Capital Outlays $ 15,000 _ $ - $ 20,000 _ $ - $ 45,000 Total Dept. Fund 404 $ 18,220 _ $ 3,320 _ $ 23,430 _ $ 3,540 _ $ 48,650 PARK CAPITAL IMPROVEMENTS (FUND 404) Account Description $ 2018 Proposed $ 6,000 2019 Proposed 16,000 2020 Proposed 6,000 2021 Proposed Expenditure 2022 Proposed (15,000)_ $ - FUND DESIGNATIONS (10,000)_ $ - $ Net $ Undesignated $ 6,000 _ $ 6,000 _ $ 6,000 _ $ 6,000 Balance 1/1 $ (15,407)_ $ (16,907)_ Revenue $ 200,000: $ - $ 10,000: - Expenditure $ - $ - $ (10,000)_ $ - $ 1,093 _ Net $ 200,000 - Balance 1/1 $ (1,776) $ 198,224 $ 198,224 $ 198,224 $ 198,224 Transfer Balance 12/31 $ 198,224 _ $ 198,224 _ $ 198,224 _ $ 198,224 _ $ 198,224 Lilies Revenue $ 13,500 $ 6,000 $ 16,000 $ 6,000 $ 6,000 Expenditure $ (15,000)_ $ - $ (10,000)_ $ - $ Net $ (1,500)_ $ 6,000 _ $ 6,000 _ $ 6,000 _ $ 6,000 Balance 1/1 $ (15,407)_ $ (16,907)_ $ (10,907)_ $ (4,907)_ $ 1,093 Transfer Balance 12/31 $ (16,907)_ $ (10,907)_ $ (4,907)_ $ 1,093 _ $ 7,093 Wayne Erickson Revenue $ 2,200 _ $ 2,200 _ $ 2,200 _ $ 2,200 _ $ 2,200 Expenditure $ (3,220) $ (3,320) $ (3,430) $ (3,540) $ (48,650) Net $ (1,020)_ $ (1,120)_ $ (1,230)_ $ (1,340)_ $ (46,450); Balance 1/1 $ 13,138 _ $ 12,118 _ $ 10,998 _ $ 9,768 _ $ 8,428 Transfer Balance 12/31 $ 12,118 $ 10,998 _ $ 9,768 _ $ 8,428 _ $ (38,022)_ IMPROVEMENTS BY LOCATION Lilleskogen - to be 100% funded through grants & donations Picnic shelter $ 15,000 Other improvements 10,000 Wayne Erickson - to be funded through adverti Bleacher/ Concession improvements Playground replacement Undesignated Cycling & trails $ - $ 10,000 $ - $ - $ 10,000