052405 PK Tours AgP•
THE PARK COMMISSION WILL BE TOURING THE FOLLOWING
PARKS TO REVIEW AND DISCUSS WATER QUALITY ISSUES ON:
0
Tuesday, May 24, 2005
6:00 to 8:00 p.m.
Manor Park — 6:00 -6:20
Silverwood Park 6:30 — 6:45
Freeman Park 7:00 — 8:00
The Park Commission will end the tour at Freeman Park Eddy Station for
final discussion at 7:30.
Majority of the Park Commission may be present.
No Action Will Be Taken.
C
5755 COUNTRY CLUB ROAD • SHOREWOOD, MINNESOTA 55331 -8927 0 (952) 474 -3236
FAX (952) 474 -0128 • www.d.shorewood.mn.us a cityhal' @ci.shorewood.mn.us
MEMORANDUM
Date: May 9, 2005
To: Park Cone nission Members
From: Bonnie Burton, Finance Director /Treasurer
Re: Park Capital Budget Information — 2004 Results
CC: Larry Brown, Director of Public Works
The following are financial highlights of the Park Capital Improvement Fund activity for the
period ending December 31, 2004.
2004 Activity
The Park Capital Improvement Fund has a balance of approximately $243,000. During 2004,
the Park Capital Improvement Fund benefited from Park Dedication fees ($54,000),
inter transfers ($10,000), contributions ($5,000) and other sources of revenue.
This resulted in an excess of revenues over expenditures, or a net gain, of $60,400.
(Commissioners will recall there was also a net gain in 2003 of $86,902.)
2005 Year -To -Date Activity
There has been virtually no activity in this fund for the first 3 months of 2005. It is unknown
whether this fund will continue to benefit from Park Dedication fees and contributions greater
than expenditures in 2005. The City anticipates that the Park Foundation will continue to
honor its commitment to providing donations of up to $100,000 over a ten -year period.
2005 -2010 CIP
There are no Capital Improvement Projects (CIP) scheduled for 2005. The 2006 -2010 CIP
planning process will begin in a few months (May- June). The Park Commission is requested
to provide recommendations for improvements that take into consideration the Park Master
Plan within budget parameters.
I trust you will find this information beneficial. Please feel free to contact me if you have any
. questions.
®1r
q PRINTED ON RECYCLED PAPER
I Date: 05/09/2005 Time: 14:20:37
•
Operator: Bonnie
CITY OF SHOREWOOD
Balance Sheet
Calendar Period: 12/2004
Fiscal Period: 12/22004
PARI{ CAPITAL IMPROVEMENT
Assets
402 -10100 CASH AND INVESTMENTS
402 -10410 ALLOW FOR UNREALIZED INVEST GAIN /LOSS
402 -10450 ACCRUED INTEREST RECEIVABLE
402 -13100 DUE FROM OTHER FUNDS
402 -14250 INVENTORY - CONCESSIONS
Total Assets:
Liabilities
402 -20100 ACCOUNTS PAYABLE
402 -20600 CONTRACTS PAYABLE
402 -20800 DUE TO OTHER FUNDS
Total Liabilities:
Equity
4 5310 UNRESERVED, DESIGNATED FUND BALANCE
Fund Balance YTD
Total Equity:
Total Liability & Equity:
Page: 1
242
5-
1,083.72
.00
.00
---------------
242,989.16
--- ------ - - - - --
---------------
.00
.00
.00
00
182,595.17
60,393.99
------------`--
242,989.16
242,989.16
--------- - - - - --
•
Date: 05/09/2005 Time: 14:21:14 CITY OF SHOREWOOD Operator: Bonnie Page: I
FM Reports - Period Revenue & Expense Report
Calendar Period: 01/2004 To: 12/2004
Fiscal Period: 01/2004 To: 12/2004
Budget Thru: 12/2004
PARK CAPITAL IMPROVEMENT
Account# Account Title Period -to -Date Year -to -Date Net Budget Variance PCT
Revenues
PARK CAPITAL IMPROVEMENT
MIGHTY KIDS SOCCER MATCHING GRANT
402 -33430 MIGHTY KIDS SOCCER MATCHING GRANT
0.00
0.00
Total MIGHTY KIDS SOCCER MATCHING GRANT:
0.00
0.00
PARK DEDICATION FEES
402 -34775 PARK DEDICATION FEES
54,000.00
54,000."
Total PARK DEDICATION FEES;
54,000.00
54,000.00 ✓✓✓"",,,999
INTEREST EARNINGS
402 -36210 INTEREST EARNINGS
3,266.03
3,266.03
Total INTEREST EARNIN
3,266.03
3,266.03
CONTRIBUTI AND p DO DONATIONS PROM PRIVATE
402 -36230 CONTRIBUTIONS AND DONATr= ROM PRIVATE
5,000.00
5,000.00
Total CONTRIBUTIONS AND DONATIONS FROM PRIVATE:
5,000.00
5,000.00'
UNDS & REIMBURSEMENTS
4 #240 REFUNDS & REIMBURSEMENTS
0.00
0.00
Total REFUNDS & REIMBURSEMENTS:
0.00
0.00
MISCELLANEOUS REVENUE
402 -36270 MISCELLANEOUS REVENUE
0.00
0.00
Total MISCELLANEOUS REVENUE:
0.00
0.00
CONCESSIONS /VENDING .�
402 -36275 PARK CONCESSIONS SALES
600.00
Q610.101 00.0
Total CONCESSIONS /VENDING:
600.00
CASH OVER
402 -37840 CASH OVER
0.00
0.00
0.00
0.00
Total CASH OVER:
INTERFUND OPERATING TRANSFERS
402 -39200 TRANSFERS IN
0.00
0.00
Total INTERFUND OPERATING TRANSFERS:
0.00
0.00
TRANSF FROM GENERAL PUND
402 -39201 TRANSFER FROM GENERAL FUND
10,000.00
10,000.00
Total TRANSFER FROM GENERAL FUND:
10,000.00
10,000.00
_ _, _..I
TRANSFERS FROM ENTERPRISE FUNDS
402 -39202 TRANSFERS FROM ENTERPRISE FUNDS
0.00
0.00
Total TRANSFERS FROM ENTERPRISE FUNDS:
0.00
0 -00
TRANSFER FROM OTHER FUNDS
•
0.00 0.00
0.00 0.00
0.00 54,000.00-
0.00 54,000.00-
0.00 3,266.03-
0.00 3,266.03-
0.00 5,000.00-
0.00 5,000.00-
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 600.00-
0.00 600.00-
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 10,000.00-
0.00 10,000.00-
0.00 0.00
0.00 0.00
Date: 05/09/2005
Time: 14:21:14 CITY OF SHOREWOOD
Operator:
Bonnie
Page: 2
0.00
FM Reports - Period Revenue & Expense Report
0.00
0.00
0.00
Calendar Period: 01/2004 To: 12/2004
0.00
0.00
0.00
Fiscal Period: 01/2004 To: 12/2004
0.00
0.00
0.00
- 0.00
0.00
0.00
0.00
Budget Thru: 12/2004
0.00
0.00
0.00
PARK CAPITAL IMPROVEMENT
0.00
0.00
Account#
Account Title Period -to -Date Year -to -Date Net
Budget
Variance PCT
402 -39203 TRANSFER
FROM OTHER FUNDS 0.00 0.00
0.00
0.00
0.00
Total TRANSFER FROM
OTHER FUNDS: 0.00 0.00
0.00
0.00
0.00
Total PARK CAPITAL
IMPROVEMENT, 72,866.03 72,866.03
0.00
0.00
72,866.03 -
0.00
0.00
0.00
0.00
0.00
Total Revenues: % 72,866.03 /2,866.03
0.00
0.00
72,866.03 -
0.00
Expenses
0.00
0.00
CAPITAL PROJECTS
402 - 48000 -101 FULL -TIME REGULAR
402 - 48000 -103 PART -TIME
402 - 48000 -121 PERA CONTRIB - CITY SHARE
402 -48000 -122 FICA CONTRIB - CITY SHARE
402 - 48000 -131 EMPLOYEE INSURANCE - CITY SHARE
402 -48000 -151 WORKERS COMPENSATION
402- 48000 -245 GENERAL SUPPLIES
402- 48000 -254 MISC PURCHASES
44 8000 -255 CANDY /FOOD PURCHASES
8000 -256 BEVERAGE PURCHASES
4CE 48000 -302 CONSULTING FEES
402 - 48000 -303 ENGINEERING FEES
402- 48000 -304 LEGAL FEES
402 - 48000 -311 ENGINEERING - STAFF
402 - 48000 -313 ENGINEERING - DESIGN STAGE
402 - 48000 -315 ENGINEERING - CONSTRUCTION STAGE
402- 48000 -351 PRINTING AND PUBLISHING
402- 48000 -400 CONTRACTUAL SERVICES
402- 48000 -431 CASH SHORT
402 - 48000 -440 MISC SERVICES
402- 48000 -450 BANK SERVICE CHARGES
402- 48000 -540 MACHINERY & EQUIPMENT
402- 48000 -580 OTHER IMPROVEMENTS
402- 48000 -611 BOND INTEREST
402- 48000 -710 RESIDUAL EQUITY TRANSFERS
402 -48000 -720 OPERATING TRANSFERS
Total CAPITAL PROJECTS:
Total Expenses:
Excess of Revenues over(under) Expenditures:
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
- 0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
_i
0.00
0.00
12,411.25
12,411.25
1
0.00
12,411.25-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
60.79
60.79
0.00
60.79-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
12,472.04
12,472.04
0.00
12,472.04 --
12,472.04
12,472.04
0.00
12,472.04-
60,393.99
60,393.99
0.00
60,393.99-
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