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04/29/2001-4A-Agenda Packet-RegularAGENDA 4A COJl,,9RATION MONDAY,-UARY 29, 2001 6:00PM 201 BOLIVAR 1. Call Meeting to Order. 2. a) b) Approve Minutes: Disbursements. CONSENT AGENDA October 23, 2000 3. Citizen's Input 4. Any Other Such Matters. 5. Adjourn. :,.\\\\\iU ill If lll////L ,$~~ of SAtv "11''¾ $~ ~ .. •··········•·?~ ~ §!~~-• .A'\:;:, ~u. ..-r ~ ff ,,: \ * =-• • . .-= : : ~ s : : == ~ • • C ~ \ : ~ ~... ... ..• ~ -~ .. .. ~ ~~ ........... ~ r?4M ,ex~ '2> ~,~ 11111t1111rnmm''''" 1-Zl,-oo t : 25 If. r11. Date and Time Posted This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information. • MINUTES: 4A CORPORATION OCTOBER 23, 2000 PRESENT: Frank Ballard, Carroll McNeill, Vickie Jenkins, Richard Muir OTHERS PRESENT: City Manager Jack Smith, Administrative Assistant Samantha Renz 1. Frank Ballard Called Meeting to Order. 2. a) b) CONSENT AGENDA Approve Minutes: August 28, 2000 Disbursements. Richard Muir moved to approve the minutes. Carroll McNeill seconded. Motion carried unanimously. Discussion regarding the Trial Balance report in the packet. 3. Citizen's Input None. 4. Discussion Regarding Recommendations for New Member to City Council. Discussion regarding the nominee. Frank Ballard suggested the board nominate one person unanimously for recommendation to the City Council. Discussion. Carroll McNeill moved to nominate Bill Fuller. Vickie Jenkins seconded. Motion carried unanimously. 5. Any Other Such Matters. a) Richard Muir asked for a brief update on Walmart. City Manager indicated the Council has passed all of the necessary documents to give them a 50% tax abatement. The City will annex them sometime next year. The City did receive the grant that was applied for. Discussion regarding water and fire protection • b) Discussion regarding the proposed CDD. c) Discussion regarding the trash by Burrus and GNB Bank. (2).City Manager indicated the Board did not approve the disbursements, only the minutes. Vickie Jenkins moved to approve disbursements. Richard Muir seconded. Motion carried unanimously. d) Discussion regarding the financial report. City Manager indicated he will get them a better report that is easier to understand. e) Discussion regarding land values and future development in Sanger. t) Discussion regarding Sales Tax. 6. Meeting Adjourned. . ' 1-23-2001 03:22 PM C I T V 0 F S A N 8 E R PA TRIAL BALANCE AS OF: JANUARY 31ST, 2001 41 -4A CORPORATION **** MONTH TO DATE**** ***** VEAR TO DATE***** ACCOUNT NO# TITLE DEBITS CREDITS DEBITS CREDITS ASSETS 00-1010 CASH 2.71 1,500.88 00-1011 SANGER TX.IND.DEV.CD.67516/4A 0.00 0.00 00-1012 MONEY MARKET (4A) INV. 7,606.00 41,789.75 00-1053 RECEIVABLE-OTHER 0.00 9,164.48 , LIABILITIES AND FUND BALANCE 00-3020 FUND BALANCE 0.00 45,213.57 REVENUES 00-4000 LOAN PROCEEDS 0.00 0.00 00-4425 STATE SALES TAX 0.00 29,972.25 00-4450 INTEREST 0.00 2.02 00-4800 INTEREST INCOME 0.00 524.80 00-4940 DONATIONS 0.00 0.00 EXPENSES 75-5000 CHECK CHARGES 0.00 0.00 75-5210 OFFICE SUPPLIES 9.30 9.30 75-5215 TRAVa & REGISTRATIONS 0.00 350.00 75-5220 DUES 0.00 0.00 75-5225 PUBLICATIONS/SUBSCRIPTIONS 0.00 0.00 75-5410 INSURANCE 0.00 0.00 75-5420 CONTRACTUAL SERVICES 100.00 400.00 75-5425 LEGAL FEES 0.00 0.00 75-5500 PROJECTS 0.00 0.00 75-5505 LOAN PAYMENTS 7,499.41 22,498.23 ***TOTALS*** 7,608.71 7,608,71CR 75,712.64 75,712,64CR 1-23-2001 03:27 PM C I T Y 0 F SANGER PAGE: 1 FINANCIAL STATEMENT AS OF: JANUARY 31ST, 2001 41 -4A CORPORATION CURRENT CURRENT Y-T-D ~ OF Y-T-D BUDGET BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE REVENUE SUMMARY 4A REVEMJES 141,000.00 0.00 30,499.07 21.63 0.00 110,500.93 fH TOTAL REVEN.ES Hf 141,000.00 0.00 30,499.07 21.63 0.00 110,500.93 --------= --- EXPENDITURE SUMMARY 75-4A EXPENSES 140,100.00 7,608.71 23,257.53 16.60 0.00 116,842.47 fH TOTAL EXPENDITURES*" 140,100.00 7,608.71 23,257.53 16.60 0.00 116,842.47 ----- H REVEN.ES OVERUJNDER) EXPENDITURES H 900.00 ( 7,608.71) 7,241.54 804.62 0.00 6,341.54) ---===== -- 1-23-2001 03:27 PM 41 -4A CORPORATION nEPARTMENT REVENUES REVENUES 4A REVENUES 00-4000 LOAN PROCEEDS 00-4425 STATE SAL.ES TAX 00-4450 INTEREST 00-4800 INTEREST INCOME 00-4940 DONATIONS H REVENUE CATEGORY TOTAL H Hf TOTAL REVENUES Hf CITY OF SANGER FINANCIAL STATEMENT AS OF: J~RY 31ST, 2001 aJRRENT BUD6ET 0.00 140,000.00 1,000.00 0.00 0.00 141,000.00 141,000.00 aJRRENT PERIOD 0,00 0.00 0.00 0,00 0.00' 0,00 0.00 Y-T-D i OF ACTUAL BUDGET 0.00 0,00 29,972.25 21. 41 2.02 0.20 524.80 0,00 0.00 0.00 30,499.07 21,63 30,499,07 21,63 --==· ... ------ Y-T-D ENCUMB. 0.00 0.00 0.00 0.00 0,00 0.00 0.00 PASE: 2 BUD6ET BALANCE 0.00 110,021.75 997.98 524,80) 0.00 110,500.93 110,500.93 1-23-2001 03:27 PM C I T Y O F SA N 6 E R .. , __ ::;:;;: 1 -4A CORPORATION 75-4A EXPENSES · DEPARTMENT EXPENDITURES 52-SlJ>PL.IES AND MATERIALS 75-5210 OFFICE SUPPLIES 75-5215 TRAUa & REGISTRATIONS 75-5220 DlES CURRENT BUDGET 200.00 500.00 250.00 75-5225 PUBLICATIONS/SUBSCRIPTIONS 200.00 H CATEGORY TOTAL ff 1,150.00 54-CONTRACT SERVICES 75-5410 INSURANCE 100.00 75-5420 CONTRACTUAL SERVICES 1,200.00 75-5425 LE6AL FEES 1,000.00 H CATEGORY TOTAL H 2,300.00 _rlJTILITIES 75-5500 PROJECTS 46,550.00 7S-SS0S LOAN PAYMENTS 90,000.00 H CATEGORY TOTAL H 136,550.00 fH DEPARTMENT TOTAL Hf 140,000.00 Hf TOTAL EXPENDITURES fff 140,000.00 ------- IH END OF REPORT fH FINANCIAL STATEMENT AS OF: JANUARY 31ST, 2001 - CURRENT PERIOD 9.30 0.00 0.00 0.00 9.30 0.00 100.00 0.00 100.00 0.00 7,499.41 7,499.41 7,608.71 7,608.71 - Y-T-D j OF ACTUAL BUDGET 9.30 4.65 350.00 70.00 0.00 0.00 0.00 0.00 359.30 0.00 0.00 0.00 400.00 33.33 0.00 0.00 400.00 0.00 0.00 0.00 22,498.23 25.00 22,498.23 0.00 23,257.53 16.61 ------- 23,257.53 16.61 ==== == --- Y-T-D ENCUMB. 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 PASE: 3 BUD6ET Bll.ANCE 190. 70 150.00 250.00 200.00 790. 70 100.00 800.00 1,000.00 1,900.00 46,550.00 67,501.77 114,051.77 116,742.47 116,742.47 4ABOARD UPCOMING EXPENSE: Samantha Renz secretarial/ January • $100.00