|
Fund: 230 EDA Revenues
<br />Account Description 2013 2014 2015 2016 Description
<br />3610 Interest income - - - - Estimated interest earnings at 1.25%.
<br />- - - -
<br />3635 Rental income - - - - Rental on EDA owned houses
<br />- - - -
<br />3972 Transfers 388,840 268,636 81,820 75,331 Transfers from TIF 5
<br />- - 10,000 50,000 Transfers from General Fund
<br />388,840 268,636 91,820 125,331
<br />Fund: 230 Department: 4650 Economic Development
<br />1600 Supplies, operating 100 100 100 100 Misc office supplies
<br />100 100 100 100
<br />2100 Books & periodicals 30 30 - - LMC directory
<br />230 230 230 230 Misc. reports & periodicals (Finance & Commerce)
<br />260 260 230 230
<br />3030 Other professional services 6,500 6,500 - - Legal fees for development reviews
<br />11,000 11,000 - - Financial consultant fees (Ehlers)
<br />24,000 24,000 - 4,500 Special project consultant fees
<br />4,500 4,500 - - Appraisal and environmental fees
<br />4,560 4,650 1,580 1,610 5% audit fee (reduced from 15%)(2016-$32,200)
<br />12,750 12,750 11,500 11,500 Housing Resource Center fees
<br />3,000 10,000 - - Marketing Consultant fees
<br />66,310 73,400 13,080 17,610
<br />3420 Advertising 1,000 1,500 - - Targeted advertisements.
<br />1,000 1,500 - -
<br />3430 Printing 500 500 500 500 Property ad printing
<br />200 200 - - Stationary/business cards/signs/site info
<br />300 300 100 100 Misc printing
<br />1,000 1,000 600 600
<br />3610 Memberships 400 400 400 400 Economic Development Assoc of MN (EDAM)
<br />250 250 250 250 Twin Cities North Chamber of Commerce dues
<br />60 60 60 60 MN Assoc. of Govt. Communicators (MAGC)
<br />225 225 - - Urban Land Institute
<br />2,801 2,801 - - North Metro Mayors Assoc (all in General Fund for 2015)
<br />3,736 3,736 710 710
<br />3630 Training & conferences 300 300 - - Chamber of Commerce meetings
<br />650 650 - - DEED/ EDC training
<br />300 300 - - EDAM monthly meetings
<br />- - - 535 IEDC Conference Minneapolis
<br />- - - 275 Ehlers Finance Seminar
<br />600 600 600 600 EDAM summer conference
<br />150 455 400 581 Other miscellaneous training
<br />2,000 2,305 1,000 1,991
<br />3800 Mileage 100 100 100 350 Misc. mileage
<br />4800 Insurance 4,600 4,600 649 649 Allocation of the City's property & liability insurance (moved to Central Serv)
<br />4,600 4,600 649 649
<br />5210 Housing programs 150,000 50,000 - - Housing Improvement programs
<br />150,000 50,000 - -
<br />9300 Business loans/subsidies 50,000 50,000 - - Business improvement partnership loans/subsidies
<br />50,000 50,000 - -
<br />279,106 187,001 16,469 22,240
<br />-0.83%-33.00%-91.19%35.04%
<br />52
|