Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
5.b)i) 2019 Park Capital Fund Preliminary Budget
PARK CAPITAL IMPROVEMENTS (FUND 404) 2017 2018 2018 2019 Account Description Actual Projected Budget Proposed FUND BALANCE Revenue $ 5,582 $ 248,919 $ 315,700 $ 8,200 Designated - Lilliskogen $ (21,407) $ (14,688) $ (22,907) $ (18,688) Expenditures $ 3,768 $ 102,450 $ 118,220 $ 63,240 Designated - Skating Rink $ - $ - $ - Net Revenues (Expenditures) $ 1,814 $ 146,469 $ 197,480 $ (55,040) Balance January 1 $ (11,559) $ (9,745) $ (9,745) $ 136,724 Balance December 31 $ (9,745) $ 136,724 $ 187,735 $ 81,684 Advance from (to) Capital Improvement fund 1 $ (3,000)T$ (6,000) $ (6,000) $ (6,000) CASH BALANCE 12/31 L$ 16,255 1 $ 156,724 1 $ 207,735 1 $ 95,684 Balance by sub -fund Undesignated $ (1,645) $ 138,355 $ 198,356 $ 98,356 Designated - Lilliskogen $ (21,407) $ (14,688) $ (22,907) $ (18,688) Designated - Wayne Erickson $ 13,307 $ 13,057 $ 12,287 $ 2,017 Designated - Skating Rink $ - $ - $ - $ (9,745) $ 1361724 1 $ 187,735 1 $ 81,684 Balance due to Capital Improvement Fund $ 26,000 $ 20,000 $ 20,000 $ 14,000 REVENUE Intergovernmental Revenues 33640 Other Grants $ - $ - $ - $ - Total Intergovernmental Aid $ - 1 $ - 1 $ - 1 $ - Charges for Services 34730 Ballfield Ad Revenue $ 1,950 $ 1,650 $ 2,200 $ 2,200 34780 Park Dedication Fees $ 3,000 $ 6,000 $ 6,000 $ 6,000 Total Charges for Services $ 4,950 $ 7,650 $ 8,200 $ 8,200 Other Income 36230 Donations $ 500 $ 1,269 $ 7,500 $ - 36260 Sale of property $ - $ 140,000 $ 200,000 $ - Total Other Income $ 632 $ 141,269 $ 207,500 $ - Other Financing Sources ,.__-._r..._ -- Other Financing Sources Total Other Financing Sources $ - $ - $ - $ - Total Park Capital Improvements Fund 404 1 $ 5,582 1 $ 248,919 1 $ 315,700 1 $ 8,200 PARK CAPITAL IMPROVEMENTS (FUND 404) 2017 2018 2018 2019 Account Description Actual Projected Budget Proposed EXPENDITURES Personal Services 101 Regular Wages & Salaries $ 211 $ - $ - $ - 104 Temp Employee Wages $ 311 $ 400 $ 1,200 $ 1,200 121 PERA Coord. Employer Contribution $ 38 $ 100 $ 100 $ 100 122 FICA Employer Contribution $ 32 $ 100 $ 100 $ 100 126 Medicare $ 8 $ - $ - $ - Total Personal Services $ 599 $ 600 $ 1,400 $ 1,400 Materials & Supplies 210 Operating Contractual Services 381 Utilities $ - $ 500 $ 500 $ 520 384 Refuse Disposal $ - $ 500 $ 500 $ 520 Total Contractual Services $ - $ 1,000 $ 1,000 $ 1,040 Capital OL 520 530 Tota I Ca Transfers 710 Residual Equity Transfers 1 $ - 1 $ 100,000 1 $ 100,000 1 $ - Total Transfers Total Dept. Fund 404 $ 3,768 1 $ 102,450 1 $ 118,220 1 $ 63,240 PARK CAPITAL IMPROVEMENTS (FUND 404) 2017 2018 2018 2019 Account Description Actual Projected Budget Proposed FUND DESIGNATIONS Revenue $ 132 $ 240,000 $ 300,000 1 $ - Expenditure $ - $ (100,000) $ (100,000) $ (40,000 Net $ 132 $ 140,000 $ 200,000 $ (40,000 Balance 1/1 $ (1,776) $ (1,644) $ (1,644) $ 138,356 Transfer Balance 12/31 $ (21,407) $ (14,688) Balance 12/31 $ (1,644) $ 138,356 $ 198,356 $ 98,356 Lilleskoeen Revenue $ 3,500 $ 6,719 $ 13,500 $ 6,000 Expenditure $ - $ - $ (15,000) $ (10,000) Net $ 3,500 $ 6,719 $ (1,500) $ (4,000) Balance 1/1 $ (24,907) $ (21,407) $ (21,407) $ (14,688) Transfer Balance 12/31 $ (21,407) $ (14,688) $ (22,907) $ (18,688) Wavne Erickson Revenue $ 1,950 $ 1,650 $ 2,200 $ 2,200 Expenditure $ (3,768) $ (1,900) $ (3,220) $ (13,240) Net $ (1,818) $ (250) $ (1,020) $ (11,040) Balance 1/1 $ 15,125 $ 13,307 $ 13,307 $ 13,057 Transfer Balance 12/31 $ 13,307 $ 13,057 $ 12,287 $ 2,017 Ice Skatine Revenue $ - $ 550 $ - Expenditure $ - $ (550) $ - Net $ - $ - $ - Balance 1/1 $ - $ - $ - Transfer Balance 12/31 $ - $ - $ - PARK CAPITAL IMPROVEMENTS (FUND 404) 2017 2018 2018 2019 Account Description Actual Projected Budget Proposed IMPROVEMENTS BY LOCATION Lilleskogen - to be 100% funded through grants & donations Lilleskogen - wetland restoration $ 10,000 Other improvements $ - $ - $ - $ - $ - $ 15,000 $ 10,000 Wayne Erickson - to be funded through advertising revenues Bleacher/ Concession improvements Playground replacement Concrete slabs under bleachers Undesignated Path from t -ball field to community bL Clearing and trails at nature parks (Bone Lake, Big Marine School site, Orwell Court) Settlers monument improvements Doors for pavilion and water source at Cycling & trails $ 3,169 $ - $ - $ 10,000 $ 3,169 1 $ - $ - $ 10,000 ilding / pleasure rink expansion $ 10,000 $ 10,000 $ 5,000 Lions Park $ 15,000 $ - $ - $ - $ - $ 40,000