HomeMy WebLinkAbout2004-04-28 Handouts
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MEMORANDUM
DATE:
April 28, 2004
TO:
Honorable Mayor and Councilmembers
FROM:
Kim Moore-Sykes, City Administrator
RE:
Late Offer for Public Property
........................................................................,
I had a call from Mr. Sean Coatney, Equity Commercial Services, representing his
brother who owns the property that Mueller Pipeline leases, requesting that they be
allowed to make an offer on the property that Dennis Shudy is in the process of
purchasing from the City. Staff explained to Mr. Coatney that the papers have been filed
and recorded with Anoka County and that the City and Mr. Shudy will be closing on the
property this week.
Attached is a faxed letter I received on April 27th with Mr. Coatney's offer. He insisted
that I submit his offer for the property to the City Council for consideration. Mr. Coatney
did acknowledge that this offer is late but continued to insist that the Council receive this
fax with his offer of$1.20/foot or $129,600.
l-~~~
15:11
651 407 6300
651 4G7 63013
P.01/01
Coatney Family Properties, L.L.C.
2258 Copperfield Drive
Mendota Heights, MN. 55120
April 26, 2004
Office of the Mayor
1880 Main Street
Centerville, MN. 55038
RE: Property Zoned Pion Cedar Avenue
Dear Mr. Mayor,
I am the property owner at 6812 20th Avenue South in CentervilIe, MN. Anoka County
owns the .property directly adjacent to the east of my location. The parcel was obtained on
a taX forfeiture. I have just become aware that this property is available for sale. I would
be very interested in submitting a bid on this property.
My understanding is this property is zoned PI and its use was for a park. It is now
available for sale. According to the Council meeting this Wednesday, the current PI
zoning is requested to be changed.
I am not fully aware of the dimension on the property but my understanding is that it
encompasses approximately 2.5 acres. I would be willing to submit a bid for the parcel of
$1.201 square foot or approximately $129,600.00 for this property. I look forward to your
response.
Sincerely,
CO~'~PROPER1Wl.LL.C.
BlntM.Jo~tn:~._.O
Managing Partner
BMC/pc
TOTAL P. 01
...
ervi[[e
MEMORANDUM
DATE:
April 28, 2004
TO:
Honorable Mayor and Councilmembers
FROM:
Kim Moore-Sykes, City Administrator
RE:
Late Offer for Public Property
.........................................................................
I had a call from Mr. Sean Coatney, Equity Commercial Services, representing his
brother who owns the property that Mueller Pipeline leases, requesting that they be
allowed to make an offer on the property that Dennis Shudy is in the process of
purchasing from the City. Staff explained to Mr. Coatney that the papers have been filed
and recorded with Anoka County and that the City and Mr. Shudy will be closing on the
property this week.
Attached is a faxed letter I received on April 27th with Mr. Coatney's offer. He insisted
that I submit his offer for the property to the City Council for consideration. Mr. Coatney
did acknowledge that this offer is late but continued to insist that the Council receive this
fax with his offer of$1.20/foot or $129,600.
1
APR-26-2004 15:11
651 407 6300
651 407 6300
P.01/01
Coatney Family Properties, L.L.C.
2258 Copperfield Drive
Mendota Heights, MN. 55120
April 26, 2004
Office of the Mayor
1880 Main Street
Centerville, MN. 55038
RE: Property Zoned PIon Cedar Avenue
Dear Mr. Mayor,
I am the property owner at 6812 20th A venue South in Centerville, MN. Anoka County
owns the property directly adjacent to the east of my location. The parcel was obtained on
a tax forfeiture. I have just become aware that this property is available for sale. I would
be very interested in submitting a bid on this property.
My understanding is this property is zoned PI and its use was for a park. It is now
available for sale. According to the Council meeting this Wednesday, the current PI
zoning is requested to be changed.
I am not fully aware of the dimension on the property but my understanding is that it
encompasses approximately 2.5 acres. I would be willing to submit a bid for the parcel of
$1.201 square foot or approximately $129,600.00 for this property. I look forward to your
response.
Sincerely,
CO~FaZO~.LL.C
Blnt M.do~tn~'-'O
Managing Partner
BMC/pc
TOTAL P.01
BOARD OF WATER COMMISSIONERS
PresidenJ: Patrick Harris + Vice President: John Zanmiller
Commissioners: Matt Anfang + Bob Cardinal + Gregory K1eindl + Debbie Montgomery + Dave Thune
April 20, 2004
Ms. Kim Moore-Sykes, City Administrator
City of Centerville
1880 Main Street
Centerville, Minnesota 55038
Subject: Board of Water Commissioners vacant lot at 1601 LaMotte Drive
Dear Ms. Moore-Sykes:
Thank you for your letter of April 13, 2004 requesting that the Board of Water Commissioners be
asked to consider reducing the sale price of the subject lot if the City agreed to remove the raw water
conduit. Although not technically an offer, discussion of this proposal is scheduled for the Board's
next meeting, tentatively scheduled for May 11, 2004.
In the time since you and I last discussed the property, I have received the enclosed Letter of Opinion
from Orion Appraisals, Inc. dated April 13, 2004. The Letter provides a valuation of the remaining lot
in the event the City was to operate a public park adjacent to it. In addition, staff has estimated cost
savings that would be experienced by the Board as a result of two possible scenarios posed by the
City. Please see the enclosed Option Plans A and B, Valuation Options and the summary below:
Option A: City removes pipe from the vacant lot, resulting in revised value of$284,500.
Option B: City allows pipe to remain in place, resulting in revised value of $253,900.
Staff is prepared to recommend either option to the Board.
I can be reached at 65 I -266-6265 and would be glad to discuss the above options and staff-
recommended prices at any time convenient for you or your staff.
JtLtf~
WLT/jl
William L. Tschida
Unit Supervisor
copy: Stephen P. Schneider, SPRWS General Manager
Dave Schuler, SPRWS Chief Engineer
Enclosures: 4
SAINT PAUL REGIONAL WATER SERVICES
Stephen P. Schneider, General Manager
84th St E. Saint Paul MN 55101-1007 . TTY: 651-266-6299
Saint Paul Regianal Water Services provides quality water services to the following cities:
Arden HilIs.Palcon Heights.lauderdale.Little Canada.Maplewood.Mendota-Mendota Heights.Roseville.Saint Paul.West St. Paul
AA.ADA-EEO Employer ~ @ printed on recycled paper
01U(11~
Commer,,",! & Industria!
Machinery &Equipmen,
ApprIJjsIJ! SpeciIJ!ists
April 13,2004
Mr. :aill Tschida
.Baint Paul Regional Water Services
8 - 4th Street East, Suite 400
St. Paul, MN 55101
RE: Two single family lots with
one lot improved with a dwelling
1601 Lamotte Drive
Centerville & Lino Lakes, MN
Dear Mr. Tschida:
Please refer to our recent appraisal of these two parcels, dated November 5,2003. These
'. -
parcels consists of two single family residential lots; one (parcel 2 - southerly lot) improved with
a single family dwelling and one (parceLl - northerly lot) vaCant. The dwelling one Parcel2 is
considered to be functionally andphysically obsolete and a hindrance to the land. The highest and
best use of the site that this property is situated on, is coIlsidered to be for the dwelling to be
. removed and the land improved with a mid to upper bracket home. Each lot contains 112 feet
of lake frontage and a gross area of approximately 23,184 square feet.
. .
The properties are located on the southeast side of Centerville Lake, on the northwest side
of Lamotte Drive at 1601 Lamotte Drive in both Centerville and Lino Lakes, Minnesota. Our
conclusion .of value for these two lots, assumed to be vacant, as of November 5, 2003 was
$270,OOO-each.
. In x:esponse to your request, we have analyzed the value of the Parcel 2 (southerly parcel
currently improved with a dwelling), if Parcel 1 (northerly parcel currently vacant) were utilized
asa public park. .
:aased on the information contained in this report, and other data considered ill this
. analy~is; it. is our opinion that the Market Y alueof the subject property (parcel 2)' ~Assumed to
be Vacant" and based on a one year marketing exposure period, as of April 8; 2004:
." ~, ", . - '. . .
TWO HUNDUED AND THIRTY FlVE THOUSAND DOLLARS
, . $235,000
'. ,"
MLff. ..
--:7?70=-~ . . ." ..
F. W. Ger MAl .
Certified eral Real Property Appraiser
License # 4001499 .
ORION APPRAISALS, INC.
3495 Willow Lake Blvd. . Sui'dOO. St. Paul, MN 55110
(651) 636-1339' Fax: (651) 636-2U-!.~(800) 274-9677' www.orionappraisals.com
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Board of Water Commissioners Property
Vacant Lot at 1601 laMotte Rd.
Valuation Options
04/20/04
ODtion A. City removes DiDe
Appraised
Value
$ 270,000
ADD
Considerations
SUBTRACT
Considerations
$ 35,000
Appraised value of vacant lot with pipe removed (11-05-03)
Reduction in value of adjacent lot (04-13-04 Letter of Opinion)
$ (20,500) Savings from allowing 130 feet of pipe to remain in place
$ 284,500 Purchase Price
ODtion B. City allows DIDe to remain In qround
Appraised
Value
$ 270,000
ADD
Considerations
SUBTRACT
Considerations
$ 35,000
Appraised value of vacant lot with pipe removed (11-05-03)
Reduction in value of adjacent lot (04-13-04 Letter of Opinion)
$ (20,500) Savings from allowing 130 feet of pipe to remain in place
$ (30,600) Savings from 157 less feet of new pipe to install
$ 253,900 Purchase Price
Above purchase prices assume 2004 closing date.
1601 laMotte Valuation Options
NORTH METRO MEDIA CENTER MEMO
TO: OPERATIONS COMMITIEE
FROM: HEIDIARNSON
SUBJECT: RESOLUTION REGARDING OPPOSITION TO CABLE RAlE INCREASES DUE TO CARRIAGE
OF VICTORY SPORTS ONE
DATE: 4/ZI /2004
WE HA VB HEARD FROM MANY ELDERLY PEOPLE UPSET BY THIS LACK OF TELEVISION
AVAILABILITY.
All of us are conceroed about the reduced availability of Twins games on cable television.
The North Metro Telecommunications Commission, which is a Joint Powers Organization
serving the communities of Blaine, Centerville, Circle Pines, Ham Lake, Lexington, Lino Lakes, and
Spring Lake Park, Minnesota in matters concerning cable franchises, would like to share the attached
resolution with you along with our concerns for subscribers, as related to potential price increases for
cable subscribers due to carriage of Victory Sports One on Comcast Cable.
First, a brief background of the situation:
· Twins games used to be available to area subscribers, as a patt of their Standard cable
service, on Fox Sports Net.
· Carl Pohlad created a new. sports channel called Victory One Sports and pulled the Twins
games off of Fox Sports Net.
· Mr. Pohlad was seeking approximately $2.20 per subscriber per month, and wants the
channel placed on the Standard Cable tier, no t a digital tier.
· The programming on the channel consists of Twins games, some Gopher sports and a
lintited number of other teams. Much of Victory Sports' other programming is ESPN news,
which it carried almost 60 percent of its telecast during one recent week, duplicating a
service that is alreat!J available to Comcast customers.
· Victory One has refused to look at proposals from Fox to return the Twins games to Fox
Sports Net, which reportedly would offer to double the amount the Twins received last year
and which Fox says would put the Twins in the top tier of major league teams.
· While the Cable Comntission would like to see the parties come to some agreement so that
Twins games can be available to viewers, they do not want to see the cable rates of all
subscribers increase as a direct result.
. While our resolution encourages Corneast and Victory One to negotiate a deal, Comeast has
recently stated that they feel the negotiations should be between Fox Sports Net and Victory
Sports One. The Commission agrees with that statement.
Cable rates are already very high. It doesn't seem right to raise them again so that viewers can
watch games they were able to watch at no extra cost just one year ago.
2
NORTH METRO TELECOMMUNICATIONS COMMISSION
RESOLUTION 2004-09
A RESOLUTION CONCERNING ANY INCREASE IN BASIC SERVICE RATES
ATTRIBUTABLE TO THE CARRIAGE OF VICTORY SPORTS ONE ON COMCAST'S
CABLE SYTEMS IN THE MEMBER CITIES
WHEREAS, the North Metro Telecommunications Commission (hereinafter "the
Commission'') is a Joint Powers Commission organized pursuant to Minn. Stat. ~ 471.59, as
amended, and includes the municipalities of Blaine, Centerville, Circle Pines, Ham Lake, Lexington,
Lino Lakes and Spring Lake Park, Minnesota (hereinafter, the ''Member Cities''); and
WHEREAS, Section 623 of the Cable Communications Policy Act of 1984, 47 U.S.C.
~ 543, as amended, authorizes local franchising authorities, such as the Member Cities, to
regulate rates for basic cable service; and
WHEREAS, the Commission's Joint Powers Agreement includes the power to regulate
rates on behalf of the Member Cities; and
WHEREAS, the Commission is certified as a rate regulation authority pursuant to rules
of the Federal Communications Commission; and
WHEREAS, as a certified rate regulation authority, the Commission is concerned about
activities and agreements which may result in increased basic service rates within the Member
Cities, since all subscribers in the Member Cities wishing to receive cable service must subscribe
to basic service and basic service rates are within the Commission's jurisdiction; and
WHEREAS, Victory Sports One ("Victory Sports") is a new regional sports cable network,
which is an affiliate of Twins Sports, Inc., the corporate entity that owns the Minnesota Twins; and
WHEREAS, Victory Sports owns the broadcasting rights to carry the Minnesota Twins
games and select University of Minnesota basketball and football games in 2004; and
WHEREAS, Comcast of Minnesota, Inc., the current cable television franchise holder in the
Member Cities ("Comcast"), and Victory Sports have been unable to reach a mutually acceptable
carriage agreement and, according to reports, they are not expected to reach agreement prior to the
start of the Minnesota Twins regular season; and
WHEREAS, according to Victory Sports, it has reached carriage agreements with only
twenty (20) mostly rural video providers, serving 134 greater Minnesota cities. Victory Sports has
not reached agreements with any of the other large metropolitan multichannel video program
distributors, such as Time Warner Cable, Charter Communications, Mediacom, DirecTV, or the
Dish Network; and
WHEREAS, Victory Sports has indicated that it is seeking to charge Corncast over $2.00
per basic serVice subscriber for the carriage of its programming; and
WHEREAS, Victory Sports has stated that it is unwilling to place its programming on any
service tier other than the basic service tier; and
WHEREAS, the Commission finds that the carriage of all major local sporting events on
Comcast's cable system is a need and interest of the Member Cities' subscribers.
NOW, THEREFORE, BE IT RESOL YED by the North Metro Telecommunications
Commission as follows:
1. That the Commission opposes any carriage agreement between Corncast and Victory
Sports One that would directly or indirectly result in an increase in basic service rates
in the Member Cities; and .
2. That the Commission hereby strongly encourages Comcast and Victory Sports One
to work diligently to: (i) reach a mutually acceptable carriage agreement that will
not directly or indirectly increase basic service rates in the Member Cities; or (ii)
enter into other appropriate arrangements for the carriage of local sports
programming currently owned or licensed by Victory Sports One, provided such
arrangements do not directly or indirectly increase basic service rates in the Member
Cities.
PASSED, ADOPTED AND ISSUED this 17th day of March, 2004.
NORTH METRO TELECOMMUNICATIONS
COMMISSION
By:
~.(~
Its Chair
Attest: #~~
Vice-Chair
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2
MICHAEL AND KATHLEEN JOHNSON
7046 Brian Dr. Cenlerville, Mn. 55038
CENTERVILLE, MN. 55038
Home Phone 1-651-426-1217
February 08, 2004
CITY OF CENTERVILLE
CITY OF CENTERVILLE COUNCIL MEMBERS;
OUr nameS are Michael and Kathleen Johnson. We reside at 7046 Brian
Dr.in Centerville. Michael was at your council meeting Thurs. Jan. 29,
2004 regarding proposed improvements to Brian Dr. from Main St. to 150'
North of Brian Crt. at that time he was informed that we would have no
assessments for this project. We want to. be certain that we are not
assessed, as our property will not benefit from improvements made. We
again bring to your attention that all said improvements around our
property have already been made. This is the east side of Brian Dr. up
to and including the new culvert over Clearwater Creek. Elevation and
Grade have been changed, new curb and gutter installed, water has been
brought up into our property and stubbed, sewer is done and a storm
drain is installed in the center of Brian Dr. just south of the creek
culvert. We request that this information be included in your public
record when you order the project. We also would ask that great care be
made when you widen the west side of Brian Dr. as we have been dug up on
all four sides of our property (sometimes twice) in the last several
years.-We allowed the City to use our property to store equipment and as
a base for operations when Clearwater Creek and the Culverts were
redone. We ask that you use the same consideration when you close off
the street, so we don't have traffic using our driveway or property as a
place to turn around.
Your prompt attention to this matter is greatly apreciated.
Thank You;
Michael Johnson
Kathleen Johnson
"
tfl'<Rudtad
General Fund
Monthly Financial Report
Month Ended March 31, 2004
% of year-
25.00%
MID YTD Budget Variance % of Budget
03131/04 2004 2004 +(-) Used
Revenues:
Property Taxes 0.00 0.00 1.539,329.00 1,539,329.00 0.00%
Other Taxes & Assessments 000 43.00 500.00 457.00 8.60%
Licenses & Permits 43,507.75 71,680.58 259,200.00 187,51942 27.65%
Fines & Forfeits 1,304.65 2,590.69 22,00000 19,409.31 11.78%
Intergovernmental 000 0.00 116,22300 116,223.00 0.00%
Charges for Services 21.00 22.56 1,248.00 1,22544 1.81%
Interest Earnings 4,819.69 4,770.37 25,000.00 20,229.63 19.08%
Miscellaneous Revenues 15.70 13,111.34 25,500.00 12,388.66 5142%
Refunds & Reimbursements 500.00 500.20 13,000.00 12,499.80 3.85%
Fund Balance 0.00 0.00 0.00 0.00 0.00%
Total Revenues 50,168.79 92,718.74 2,002,000.00 1,909,281.26 4.63%
Expenditures:
Current
General Government
Mayor and Council 1,200.33 2,78830 17,500.00 14,711.70 15.93%
Elections 0.00 0.00 5,800.00 5,80000 0.00%
Planning & Zoning 13000 1,130.18 6,00000 4,869.82 18.84%
Administration 26,130.19 74,119.57 286,69100 212,57143 25.85%
Financial Administration 10,00000 10,00000 12,000.00 2,000.00 83.33%
Assessing 16,372.00 16,372.00 17,500.00 1,12800 93.55%
Legal 5,778.00 11,433.00 78,00000 66,567.00 14.66%
City Hall 1,990.11 5,356.70 22,300.00 16,943.30 24,02%
Total General Government 61,600.63 121,199.75 445,791.00 324,591.25 27.19%
Public Safety
Police Protection 40,77041 122,311.31 484,54900 362,237.69 25.24%
Fire Protection 0.00 20,669.25 175,645.00 154,975.75 11.77%
Building Inspection 4,841.66 10,23746 150,62100 140,383.54 6.80%
Electrical Inspection 0.00 0.00 10,000.00 10,000.00 0.00%
Civil Defense 630.93 630.93 1,30000 669 07 48.53%
Animal Control 121.96 121.96 1,000.00 878.04 12.20%
Total Public Safety 46,364.96 153,970.91 823,115.00 669,144.09 18.71%
Public Works
Public Works 14,18234 30,957.97 170,35600 139,398.03 18.17%
Engineering Services 650.25 650.25 15,000.00 14,349.75 4.34%
Recycling 22140 665.94 8,000.00 7,334.06 8.32%
Streets (53,94422) 1,364.89 21,40000 20,035.11 6.38%
Street Lighting 2,05147 4,018.35 25,000.00 20,981.65 16.07%
Total Public Works (36,838.76) 37,657.40 239,756.00 202,098.60 15.71%
Culture and Recreation
Par1<lRec. Committee 0.00 0.00 1,800.00 1,800.00 0.00%
Park/Rae. Programs 562.00 3,080.22 10,01200 6,931.78 30.77%
Park Maintenance 2,040.23 6,187.68 64,020.00 57,832.32 9.67%
4/19/2004
9:18AM
budget Mar04.xls
~-I
, ~
MID YTD Budget Variance % of Budget
03131104 2004 2004 +(-) Used
Total Culture and Recreation 2,602.23 9,267.90 75,832.00 66,564.10 12.22%
Economic Development
Economic Development 223.66 5,212.69 4,000.00 (1,212.69) 130.32%
Total Economic Development 223.66 5,212.69 4,000.00 (1,212.69) 130.32%
Miscellaneous
Refunds & Reimbursements 0.00 (0.38) 0.00 0.38 0.00%
City Festival 15,000.00 18,000.00 15,000.00 (3,000.00) 120.00%
Total Miscellaneous 15,000.00 17,999.62 15,000.00 (2,999.62) 120.00%
Total CUmlnt Expenditures 88,952.72 345,308.27 1,603,494.00 1,258,185.73 21.53%
Capital Ouaay
General Government 25,000.00 25,000.00 0.00%
Public Safety 0.00 0.00 000 0.00 0.00%
Streets and Highways 50,288.00 (12,572.00) 373,506.00 386,078.00 -3.37%
Culture and Recreation 0.00 0.00 000 0.00 0.00%
Total Capital Ouaay 50,268.00 (12,572.00) 398,506.00 411,078.00 -3.15%
TOTAL EXPENDITURES 139,240.72 332,736.27 2,002,000.00 1,669,263.73 16.62%
EXCESS (DEFICIT) OF REVENUES (89,071.93) (240,017.53) 0.00 240,017.53 NJA
OVER EXPENDITURES
OTHER FINANCING SOURCES (USES)
Operating Transfer In 12,34931 12,349.31 0.00 (12,349.31) N/A
Operating Transfer Out 0.00 0.00 0.00 0.00 N/A
TOTAL OTHER FINANCING 12,349.31 12,349.31 0.00 (12,349.31) NJA
SOURCES (USES)
EXCESS (DEFICIENCY) OF (76,722.62) (227,668.22) 0.00 227,668.22
REVENUE AND OTHER FINANCING
SOURCES OVER EXPENDITURES
AND OTHER FINANCING USES
4/19/2004
9:18AM
budget Mar04.xls
Wiliudtl:ed
Water Fund
Monthly Financial Report
Month Ended March 31, 2004
% of year -
25.00%
MTD YTD Budget Variance % of Budget
03131104 2004 2004 +(-) Used
Operating Revenue:
Charges for SeNices (920.89) (6,157.11) 175,000.00 181,157.11 -3.52%
T olal Operating Revenue (920.89) (6,157.11) 175,000.00 181,157.11 -3.52%
Operating Expenses:
Salaries and Benefits 2,517.19 9,676.10 63,779.00 54,102.90 15.17%
Supplies 1,165.46 2,374.12 31,100.00 28,725.88 7.63%
Other SeNices and Charges 1,224.98 1,923.25 19,05000 17,126.75 10.10%
Utilities 197.70 36677 3,000.00 2,633.23 12.23%
Depreciation 0.00 0.00 30,500.00 30,500.00 0.00%
Tolal Operating Expenses 5,105.33 14,340.24 147,429.00 133,088.76 9.73%
OPERATING INCOME (6,026.22) (20,497.35) 27,571.00 48,068.35 -74.34%
Nonoperating Revenue (Expense)
Interest on investments 5,558.00 5,640.00 15,000.00 9,360.00 37.60%
Special Assessments 0.00 0.00 40,000.00 40,000.00 0.00%
Hook up Fees and Unit Charges 8,711.52 12,339.66 75,00000 62,660.34 16.45%
Interest Expense 4,005.25 (895.82) (9,190.00) (8,294.18) 9.75%
Refunds & Reimbursements Rev 367.04 382.04 5,000.00 4,617.96 7.64%
Refunds & Reimbursements Exp 0.00 (1,162.00) (5,000.00) (3,83800) 23.24%
Total Nonoperating Revenue 18,641.81 16,303.88 120,810.00 104,506.12 13.50%
(Expense)
INCOME BEFORE OPERATING 12,615.59 (4,193.47) 148,381.00 152,574.47 -2.83%
TRANSFERS
OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 N1A
NET INCOME 12,615.59 (4,193.47) 148,381.00 152,574.47 -2.83%
CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
CONTRIBUTED ASSETS
NET INCREASE IN RETAINED 12,615.59 (4,193.47) 148,381.00 152,574.47 -2.83%
EARNINGS
4/19/2004
10:15AM
budget report water Mar 04.xls
/.(H.((udtted
Sewer Fund
Monthly Financial Report
Month Ended March 31, 2004
% of year-
25.00%
MTD YTD Budget Vartance % of Budget
03131104 2004 2004 +(-) Used
Operating Revenue:
Charges for Services (2,521.29) (12,231.02) 230,000.00 242,231.02 -5.32%
Total Operating Revenue (2,521.29) (12,231.02) 230,000.00 242,231.02 -S.32%
Operating Expenses:
Salaries and Benefits 2,517.14 9,675.91 63,779.00 54,10309 15.17%
Supplies 1,688.00 1,828.59 4,500.00 2,671.41 40.64%
Other Services and Charges 10,307.36 10,890.24 18,200.00 7,309.76 59.84%
Utiiities 78.85 157.45 1,500.00 1,342.55 10.50%
MCES Disposal Charges 0.00 20,617.60 130,000.00 109,382.40 15.86%
Depreciation 0.00 0.00 30,35000 30,350.00 0.00%
Total Operating Expenses 14,591.35 43,169.79 248,329.00 205,159.21 17.38%
OPERATING INCOME (17,112.64) (55,400.81) (18,329.00) 37,071.81 302.26%
Nonoperating Revenue (Expense):
Interest on Investments 8,468.00 8,588.00 26,000.00 17,412.00 33.03%
SpeCial Assessments 0.00 0.00 50,000.00 50,000.00 0.00%
Hook up Fees and Unit Charges 10,067.50 16,107.25 80,500.00 64,392.75 20.01%
Interest & Fiscal Charges 4,895.75 (1,094.43) (11,234.00) (10,139.57) 9.74%
Refunds & Reimbursements 0.00 0.00 (500.00) (500.00) 0.00%
Total Nonoperating Revenue 23,431.25 23,600.82 144,766.00 121,165.18 16.30%
(Expense)
INCOME BEFORE OPERATING 6,318.61 (31,799.99) 126,437.00 158,238.99 -25.15%
TRANSFERS
OPERATING TRANSFERS OUT 0.00 0.00 0.00 0.00 0.00%
NET INCOME 6,318.61 (31,799.99) 126,437.00 158,236.99 -25.15%
CREDIT FOR DEPRECIATION ON 0.00 0.00 0.00 0.00 0.00%
CONTRIBUTED ASSETS
NET INCREASE IN RETAINED 6,318.61 (31,799.99) 126,437.00 158,236.99 -25.15%
EARNINGS
4119/2004
12:02 PM
budget report sewer Mar 04.xls
City of Centerviae
Narrative for Interim Financial Statements
Month Ended March 31, 2004
Attached are interim financial statements for the General Fund and Enterprise Funds for
the City of Centerville. These reports are intended to illustrate how city operations are
progressing financially during the year.
The interim financial statements are unaudited and do not reflect all financial
transactions that will be recorded for the year. Accounting entries will be made
after year-end to record accruals (payables and receivables) and will be reflected on
a final report. Therefore, this report should only be used as a guideline until a final
report has been prepared.
General Fund
Revenues:
1. Taxes
Property tax revenues are received from the county in July, December and
January. Therefore, there has been no property tax revenue to-date.
2. Intergovernmental
State payments for police and fire aid will not be received until September or
October.
3. Licenses and Permits
Permit revenues are slightly above budget for the year. Whether or not Pheasant
Marsh Phase III moves forward may make a difference in 2004 revenues. Permit
revenues will begin to drop off as the City reaches full development potential.
Next to taxes and intergovernmental revenue, permit revenue is the third largest
source of city income.
4. Charges for Services
Assessment searches and map sales are below average for the year. Since charges
for services are a minor part of the budget, the overall impact is negligible.
5. Interest
Interest revenue is expected to come in at or above budget for the year. Monthly
revenue will fluctuate as instruments come due. We continue to invest idle funds
prudently.
6. Fines and Forfeits
The City receives fine revenue a month behind, which explains the budget deficit
in the fines and forfeits line item.
7. Miscellaneous
YTD Miscellaneous Revenues include a $10,000 earnest money payment from
Dennis Shudy for the Cedar Street Park property. The City will collect $110,000
from Mr. Shudy and pay the County $100,000 for the property.
8. Refunds and Reimbursements
The refunds and reimbursements line item contains items that do not have an
affect on the City's budget, such as pass-through gambling funds.
9. Transfers In
Administrative costs were transferred from the Capital Project Funds.
Expenditures:
1. Financial Administration
The audit is complete and a partial payment has been made to the City audit firm.
Extra expenses will likely occur as a result of implementing GASB 34 and the
SAS 99 fraud investigation component.
2. Assessing
Payment was made to Anoka County in March for this year's assessing.
3. Legal
Legal charges for January and February are reflected in the legal charges amount.
4. Engineering
Engineering charges for the month of January are shown in this report.
5. City Hall
Increased energy costs may cause a year-end deficit in the city hall account.
6. Police Protection
Monthly payments are made to the Centennial Lakes Police Department in the
amount of$40,379.
7. Fire Protection
Payments are made quarterly in the amount of$20,669.25 to Centennial Fire
Department.
8. Electrical Inspection
The electrical inspector bills on a quarterly basis, therefore no expenses show on
this report. Fees are collected to offset this expense.
9. Animal Control
The budget for animal control for 2004 was increased to accommodate increasing
dog impounds.
0"
10. Streets
The MTD Street Account contains a beginning-of-the-year accounting entry,
which is normal.
11. Parks and Recreation
Skate park attendants were hired and used in January ofthis year.
12. Capital Outlay
The Street YTD Capital Account shows a deficit due to an accounting entry
classifying the 21 st Avenue expense to the prior year. This is normal and will be
eliminated when the final payment on the contract is made. Three new public
works vehicles will be purchased this year.
13. Transfers Out
No transfers were made.
Enterprise Funds
1. Water and Sewer
Both funds show negative operating revenue due to accounting entries made in
January that reflect delinquent accounts. This will be eliminated as first-quarter
payments begin to arrive in April. Special assessments are received at the same
times as property tax revenues; therefore no assessment revenue is show to-date.
Prepared By:
Approved By:
Finance Director
Administrator
N arrative.doc