03/15/2007-4A-Agenda Packet-Regular•
AGENDA
4A Sanger, Texas Industrial Development Corporation
Thursday, February 15, 2007
1:00 P.M. -201 BOLIVAR
1. Call Meeting to Order.
2. Approval of Minutes: September 19, 2006
3. Review Financials.
4. Review of Proposed Thoroughfare Plan for the City of Sanger.
5. Discuss Future Agenda Items.
6. Adjournment.
f}i-~-otz 0·· oUfW\
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:
MEMBERS
PRESENT:
OTHERS
PRESENT:
4A SANGER, TX INDUSTRIAL DEVELOPMENT CORPORATION
SEPTEMBER 19, 2006
President Richard Muir, Vickie Jenkins, Bill Fuller and Carroll
McNeill, Fred Yeatts
Jack Smith City Manager, Rose Chavez City Secretary/Assistant City
Manager, Cecile Carson Economic Development Director
1. Call Meeting to Order.
President Richard Muir called meeting to order at 5:02 p.m. on Tuesday, September
19, 2006.
2. Approve Minutes: June 15, 2006
Vickie Jenkins made motion to approve minutes. Seconded by Bill Fuller. Motion
carried unanimously.
3. Review Financials.
Board discussed the balance on Note Payable at GNB which is $372,623.90
representing principle. The balance in the Money Market is $213,399.79.
Richard Muir explained the year to date balance as indicated on the trial balance.
The board discussed the fmancial reports in detail. The reports were reflected
correctly as of September 19, 2006.
Cecile Carson discussed the $500.00 in line item 75-5215 (travel). She advised there
is a Texas Economic meeting next week in Houston and the $500.00 is the registration
fee for the conference. She would like to utilize these funds to attend that workshop.
Board agreed for funds to be used for that conference.
Vickie Jenkins indicated that the revenues are over what was budgeted.
Bill Fuller indicated that in the expenses report, the expenses are what was budgeted.
Lengthy discussion on what projects were paid this year.
City Secretary advised that the Economic Development Director's salary was to come
from contractual 75-5420 and apparently it is reflected in account 75-6500. She advised
this would be corrected.
•
Bill Fuller asked if the Board had reduced the loan payment to GNB, since the line item
budget was $154,050.00.
Vickie Jenkins indicated that the Board did vote to make normal payments. In
reducing the payments, this allowed more funds to be deposited into the Money
Market.
President Muir discussed that if the Board does not have any projects for the future,
the Board should consider paying more on the note payable to GNB.
Discussion followed concerning reducing the debt on the note payable.
City Manager advised that two businesses will also be added that will impact sales tax.
The Family Dollar and a barbeque restaurant.
Vickie Jenkins made a motion that the Board take $100,00.00 from the Money Market
and apply it to the principal on the note and then beginning in October to make
payments of $10,000.00 a month on principal.
Seconded by Fred Yeatts.
Carroll McNeill asked if the payments included the interest.
Vickie Jenkins indicated that it would.
Motion carried unanimously.
4. Consider and Possible Action on Proposed Budget 2006/2007.
5.
Discussion followed concerning budget for fiscal year 2006/2007.
City Manager advised that he had made a correction to line item 75-5420 (contractual
services) and 75-6500. The salary for the Economic Development Director is to be
shifted to 75-5420, that line item will reflect $28,500 and 75-6500 will reflect $76,850
and line item 75-6505 loan payments will reflect $132,000.00.
Motion made by Vickie Jenkins to accept budget for fiscal year 2006/2007.
Seconded by Carroll McNeill.
Consider and Possible Action on Appointment of Officers as Required in the By-Laws
Section 5.02 •
Cecile Carson advised that according to the amendment to the By-Laws officers are to
be appointed beginning in July. The appointments are for the year 2007.
The term of the Board members are for a six year term.
Motion made by Carroll McNeill to appoint officers as follows:
Richard Muir
Vickie Jenkins
Bill Fuller
President
Secretaryffreasurer
Vice President
Fred Yeatts seconded the motion. Motion carried unanimously.
6. List of Future Agenda Items.
Bill Fuller indicated that he would like to give a report on the Sanger Economic
Development Committee. He advised he had spoke to President Muir in regards to a
possible conflict of interest to serve on this Board.
President Muir advised that this would not be a conflict of interest if he served on that
Board.
Cecile Carson advised the Ad-Hoc group was created to gather information and then
they would report to each of the decision making bodies. The City Council will have
this as an agenda item on October 2, 2006. The recommendation is to have a 4B
member, 4A member, Chamber Director, and a business owner to function as a team
to assist in generating ideas as a decision group.
Discussion was that the committee is designed to do a specific task and then stop.
Cecile Carson advised that this is correct. The committee would be a sounding board
to keep the momentum going on the incentive policy and the surveys. The Board would
be an advisory board.
Bill Fuller read their mission statement as follows -"To promote an environment that
encourages retail and industrial development by serving as a liaison between City of
Sanger citizens and new and existing businesses."
Discussion.
President Muir addressed meeting times of the Board.
Discussion -staff to mail financials.
Vickie Jenkins inquired if there was any progress on the incentive package. Is this
•
something the Board was to review?
Cecile Carson advised that this discussion would be on the next agenda.
Board discussed having meetings as needed; however, to give at least a seven day notice
and to schedule meetings at 5:00 p.m.
7. Meeting Adjourned •
2-07-2007 04:20 PM C I T Y 0 F SAN GE R PAGE: 1
TRIAL BALANCE
AS OF: JANUARY 31ST, 2007
41 -4A CORPORATION
**** MONTH TO DATE**** ***** YEAR TO DATE*****
ACCOUNT NO# TITLE DEBITS CREDITS DEBITS CREDITS
ASSETS
00-1010 CASH 404.38 1,505.34
00-1011 SANGER TX.IND.DEV.CD.67516/4A 0.00 0.00
00-1012 MONEY MARKET (4A) INV. 7,228.37 163,388.34
00-1053 RECEIVABLE-OTHER 0.00 17,704.51
00-1060 DUE FROM GENERAL FUND 0.00 0.00
00-1062 AMOUNT TO BE PROVIDED L-T-D 0.00 437,619.80
LIABILITIES AND FUND BALANCE
00-2201 N/P GNB 0.00 437,619.80
00-3020 FUND BALANCE 0.00 152,667.70
REVENUES
00-4000 LOAN PROCEEDS 0.00 0.00
00-4425 STATE SALES TAX 16,691.41 69,830.88
00-4800 INTEREST INCOME 232,58 999.61
00-4940 DONATIONS 0.00 0.00
EXPENSES
75-5200 CHECK CHARGES 0.00 o.oo
75-5210 OFFICE SUPPLIES 0.00 0.00
75-5215 TRAVEL & REGISTRATIONS 0.00 500.00
75-5220 DUES 0.00 0.00
75-5225 PUBLICATIONS/SUBSCRIPTIONS 0.00 0.00
75-5410 INSURANCE 0.00 o.oo
75-5420 CONTRACTUAL SERVICES 100.00 300.00
75-5425 LEGAL FEES o.oo 0.00
75-6500 PROJECTS o.oo o.oo
75-6505 LOAN PAYMENTS 10,000.00 40,100.00
***TOTALS*** 17,328.37 17,328.37CR 661,117.99 661,117. 99CR
2-08-2007 10:49 AM
41 -4A CORPORATION
C I T Y O F S A N G E R
FINANCIAL STATEMENT
CURRENT
BUDGET
AS OF: JANUARY 31ST, 2007
CURRENT
PERIOD
Y-T-D % OF
ACTUAL BUDGET
Y-T-D
ENCUMB.
PAGE:
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
REVENUE SUMMARY
4A REVENUES
*** TOTAL REVENUES ***
EXPENDITURE SUMMARY
75-4A EXPENSES
*** TOTAL EXPENDITURES***
** REVENUES OVER(UNDER) EXPENDITURES**
TOTAL OTHER FINANCING SOURCES (USES)
242,000.00
242,000.00
242,000.00
242,000.00
0.00
0.00
0.00
0.00
16,923.99
16,923.99
10,100.00
10,100.00
6,823.99
0.00
0.00
0.00
70,830.49
70,830.49
40,900.00
40,900.00
29,930.49
0.00
o.oo
0.00
29.27
29.27
16. 90
16.90
0.00
0.00
0.00
0.00
o.oo
0.00
0.00
0.00
0.00
0.00
0.00
0.00
171,169.51
171,169.51
201,100.00
201,100.00
29,930.49)
o.oo
0.00
0.00
2-08-2007 10:49 AM
41 -4A CORPORATION
RE--S
REVENUES
4A REVENUES
00-4000 LOAN PROCEEDS
00-4425 STATE SALES TAX
00-4800 INTEREST INCOME
00-4940 DONATIONS
TOTAL 4A REVENUES
*** TOTAL REVENUES ***
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: JANUARY 31ST, 2007
CURRENT
BUDGET
o.oo
240,000.00
2,000.00
o.oo
242,000.00
242,000.00
==============
CURRENT
PERIOD
0.00
16,691.41
232.58
0.00
16,923.99
16,923.99
==============
Y-T-D % OF
ACTUAL BUDGET
o.oo 0.00
69,830.88 29.10
999.61 49.98
0.00 ------2...:..QQ
70,830.49 29.27
70,830.49 29.27
==============
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
0.00
0.00
==========---=
PAGE: 2
BUDGET
BALANCE
0.00
170,169.12
1,000.39
0.00
171,169.51
171,169.51
==============
2-08-2007 10:49 AM C I T Y 0 F SANG E R PAGE: 3
FINANCIAL STATEMENT
AS OF: JANUARY 31ST, 2007
41 -4A CORPORATION
75-4A EXPENSES
DEP NT EXPENDITURES
CURRENT CURRENT Y-T-D % OF Y-T-D BUDGET
BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
----------------------------------------------------------------------------------------------------------------------------------
52-SUPPLIES AND MATERIALS
75-5200 CHECK CHARGES
75-5210 OFFICE SUPPLIES
75-5215 TRAVEL & REGISTRATIONS
75-5220 DUES
75-5225 PUBLICATIONS/SUBSCRIPTIONS
TOTAL 52-SUPPLIES AND MATERIALS
54-CONTRACT SERVICES
75-5410 INSURANCE
75-5420 CONTRACTUAL SERVICES
75-5425 LEGAL FEES
TOTAL 54-CONTRACT SERVICES
65-PROJECTS
75-6500 PROJECTS
75-6505 LOAN PAYMENTS
T 65-PROJECTS
*** DEPARTMENT TOTAL ***
*** TOTAL EXPENDITURES***
OTHER FINANCING SOURCES (USES)
TOTAL OTHER FINANCING SOURCES (USES)
*** END OF REPORT***
0.00 0.00
200.00 0.00
500.00 0.00
250.00 0.00
200.00 0.00
1,150.00 0.00
100.00 0.00
1,200.00 100.00
1,000.00 0.00
2,300.00 100.00
138,550.00 0.00
100,000.00 10,000.00
238,550.00 10,000.00
242,000.00 10,100.00
============== ==============
242,000.00 10,100.00
0.00 0.00
0.00 o.oo 0.00 0.00
0.00 0.00 0.00 200.00
500.00 100.00 0.00 0.00
0.00 0.00 0.00 250.00
0.00 _Q_,__Q_Q 0.00 200.00
500.00 43. 48 0.00 650.00
0.00 0.00 o.oo 100.00
400.00 33.33 0.00 800.00
0.00 0.00 0.00 1,000.00
400.00 17.39 0.00 1,900.00
o.oo o.oo 0.00 138,550.00
40,000.00 40.00 0.00 60,000.00
40,000.00 16.77 0.00 198,550.00
40,900.00 16.90 o.oo 201,100.00
============,;= ============== ==============
40,900.00 16.90 0.00 201,100.00
0.00 0.00 0.00 0.00
4A DEPOSITS
1999 I 2000 I 2001 I 2002 I 2003 I 2004 I 2005 I 2006 I 2007 ]
$13,993.781 $16,264.50116691.41
I
JAN. I $6,691.041 $8,083.931 $8,937.431 $10,348.821 $10,188.22 I $25,847.621
FEB. I $9,806.451 $9,763.371 $11,840.64 I $14,870.781 $14,840.341 $171485.761 $21,779.911 $21,513.621
MARCH I $6,700.021 $10,384.631 $8,984.181 $9,209.151 $12,446.36 I $13,382.911 $14,254.43 I $16,620.93
I
APRIL I $101015.181 $8,416.521 $9,517.251 $9,195.02 I $9,202.141 $12,224.771 $14,166.101 $17,198.17
I
MAY I $9,970.221 $10,323.151 $14,946.441 $10,623.56 I $15,125.041 $20,311.371 $20,556.141 $17,428.36
JUNE I $7,392.451 $7,953.661 $10,131.01 I $11,911.061 $14,358.111 $18,276.941 $15,585.541 $23,063.99
t
JULY I $8,733.021 $7,642.301 $12,784.181 $10,597.471 $11,370.281 $16,692.36 I $16,914.63 I $17,896.761
I
AUGUST I $12,935.491 $10,854.25 I $17,035.ool $14,962.11 I $16,132.421 $18,954.711 $20,375.58 I $24,003.151
I
SEPT. I $8,584.581 $7,103.501 $11,612.08 I $12,928.161 $13,140.491 $15,725.621 $16,977.99 I $19,746.74 I
I
OCT. I $9,164.481 $10,136.271 $28,586.971 $14,246.90 I $11,426.721 $16,084.641 $17,704.511 $11,042.771
I
NOV. I $8,912.471 $11,975.611 $16,166.701. $13,940.441 $17,184.881 $22,700.731 $20,661.06 I $24,265.79 I
I
DEC. 1 $12,594.42 I $7,860.371 $10,397.071 $10,198.241 $12,570.111 $16,179.851 $19,822.071 $17,830.911
TOTAL $111,559.82 $110,497.56 $160,938.95 $143,031.77 $157.985.11 $213,867.28 $212,791.74
[_ 7 = THIS INCLUDES LOCAL
STATE COLLECTIONS THAT
WERE NOT DEPOSITED FOR
PRIOR MONTHS
•
MEMO
October 25, 2006
To: 4A Board Members
From: Rose Chavez, City Secretary/ Asst. C.Mgr.
I have included financials for the fiscal year end September 30, 2006. I have also
included the Trial Balance and Financial Reports for October 2006. In your financials
for October 25, 2006, the new budget has not been installed and the actual expense is
correct but does not reflect the new budget amounts for 06/07.
In checking our transfer figures for the month of September I noticed that $4,328.54 was
moved incorrectly for local tax in lieu of $2,164.16. The local tax for that month was
$8,656.67 and this amount is divided in half and the $4,328.54 is then divided in half
again and 50% is deposited to 4A and 50% to 4B. There was a misunderstanding when
Accounts Payable cut the check. I did not catch the problem in the month of October
until after the deposits were made. In the month of November I will correct the transfer
amount by this much. Please refer to your Sales Tax Chart on the deposits .
10-25-2006 02:23 PM C I T Y 0 F S A N G E R PAGE: 1
41 -4A CORPORATION
**** MONTH TO DATE**** ***** YEAR TO DATE*****
ACCOUNT NO# TITLE DEBITS CREDITS DEBITS CREDITS
ASSETS
00-1010 CASH 0.80 1,501.27
00-1011 SANGER TX.IND.DEV.CD.67516/4A 0.00 0.00
00-1012 MONEY MARKET (4A) INV. 79,937.87 133,461.92
00-1053 RECEIVABLE-OTHER 0.00 17,704.51
00-1060 DUE FROM GENERAL FUND 0.00 0.00
00-1062 AMOUNT TO BE PROVIDED L-T-D 0.00 437,619.80
LIABILITIES AND FUND BALANCE
00-2201 N/P GNB 0.00 437,619.80
00-3020 FUND BALANCE 0.00 319,227.77
REVENUES
00-4000 LOAN PROCEEDS 0.00 0.00
00-4425 STATE SALES TAX 19,746.74 231,923.86
00-4800 INTEREST INCOME 416.19 3,947.72
00-4940 DONATIONS 0.00 0.00
EXPENSES
75-5200 CHECK CHARGES 0.00 0.00
75-5210 OFFICE SUPPLIES 0.00 22. 72
75-5215 TRAVEL & REGISTRATIONS 0.00 0.00
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 19,915.42
75-5425 LEGAL FEES 0.00 0.00
75-6500 PROJECTS 0.00 200,000.00
75-6505 LOAN PAYMENTS 100,000.00 182,493.51
***TOTALS*** 100,100.80 100,100.80CR 992,719.15 992,719.15CR
•
10-25-2006 02:24 PM
41 -4A CORPORATION
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D
ACTUAL
% OF
BUDGET
Y-T-D
ENCUMB.
PAGE:
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
REVENUE SUMMARY
4A REVENUES
TOTAL REVENUES ***
EXPENDITURE SUMMARY
75-4A EXPENSES
*** TOTAL EXPENDITURES***
** REVENUES OVER(UNDER) EXPENDITURES**
TOTAL OTHER FINANCING SOURCES (USES)
220,000.00
220,000.00
184,800.00
184,800.00
35,200.00
0.00
0.00
0.00
20,162.93
20,162.93
100,100.00
100,100.00
79,937.07)
0.00
0.00
0.00
235,871.58 107.21
235,871.58 107.21
==============t.
402,431.65 217.77
402,431.65 217. 77
166,560.07) 473.18-
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
15,871.58)
15,871.58)
217,631.65)
217,631.65)
201,760.07
0.00
0.00
0.00
10-25-2006 02:24 PM C I T Y 0 F S A N G E R PAGE: 2
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
41 -4A CORPORATION
F ES
CURRENT CURRENT Y-T-D % OF Y-T-D BUDGET
BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
REVENUES
4A REVENUES
00-4000 LOAN PROCEEDS 0.00 0.00 0.00 0.00 0.00 0.00
00-4425 STATE SALES TAX 220,000.00 19,746.74 231,923.86 105.42 0.00 11,923.86)
00-4800 INTEREST INCOME 0.00 416.19 3,947.72 0.00 0.00 3,947.72)
00-4940 DONATIONS 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL 4A REVENUES 220,000.00 20,162.93 235,871.58 107.21 0.00 15,871.58)
TOTAL REVENUES *** 220,000.00 20,162.93 235,871.58 107.21 0.00 15,871.58)
============== ============== ============== ============== ==============
•
10-25-2006 02:24 PM C I T Y 0 F S A N G E R PAGE: 3
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
41 -4A CORPORATION
75-4A EXPENSES
[ MENT EXPENDITURES
CURRENT CURRENT Y-T-D % OF Y-T-D BUDGET
BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
----------------------------------------------------------------------------------------------------------------------------------
52-SUPPLIES AND MATERIALS
75-5200 CHECK CHARGES 0.00 0.00 0.00 0.00 0.00 0.00
75-5210 OFFICE SUPPLIES 200.00 0.00 22.72 11. 36 0.00 1 77. 28
75-5215 TRAVEL & REGISTRATIONS 500.00 0.00 0.00 0.00 0.00 500.00
75-5220 DUES 250.00 0.00 0.00 0.00 0.00 250.00
75-5225 PUBLICATIONS/SUBSCRIPTIONS 200.00 0.00 0.00 0.00 0.00 200.00
TOTAL 52-SUPPLIES AND MATERIALS 1,150.00 0.00 22. 72 1. 98 0.00 1,127.28
54-CONTRACT SERVICES
75-5410 INSURANCE 100.00 0.00 0.00 0.00 o.oo 100.00
75-5420 CONTRACTUAL SERVICES 28,500.00 100.00 19,915.42 69.88 0.00 8,584.58
75-5425 LEGAL FEES 1,000.00 0.00 0.00 0.00 0.00 1,000.00
TOTAL 54-CONTRACT SERVICES 29,600.00 100.00 19,915.42 67.28 0.00 9,684.58
65-PROJECTS
75-6500 PROJECTS 0.00 0.00 200,000.00 0.00 0.00 200,000.00)
70 05 LOAN PAYMENTS 154,050.00 ~ 100,000.00 182,493.51 118.46 0.00 28,443.51)
L 65-PROJECTS 154,050.00 100,000.00 382,493.51 248.29 0.00 228,443.51)
*** DEPARTMENT TOTAL 184,800.00 100,100.00 402,431.65 217.77 0.00 217,631.65)
--------------============== ============== =============-==============
*** TOTAL EXPENDITURES*** 184,800.00 100,100.00 402,431.65 217.77 0.00 217,631.65)
OTHER FINANCING SOURCES (USES)
TOTAL OTHER FINANCING SOURCES (USES) 0.00 0.00 0.00 0.00 0.00 0.00
*** END OF REPORT***
•
10-25-2006 02:26 PM C I T Y 0 F SAN G E R PAGE: 1
TRIAL BALANCE
AS OF: OCTOBER 31ST, 2006
41 -4A CORPORATION
**** MONTH TO DATE**** ***** YEAR TO DATE*****
ACCOUNT NO# TITLE DEBITS CREDITS DEBITS CREDITS
ASSETS
00-1010 CASH 40.00 1,541.27
00-1011 SANGER TX.IND.DEV.CD.67516/4A 0.00 0.00
00-1012 MONEY MARKET (4A) INV. 402. 77 133,864.69
00-1053 RECEIVABLE-OTHER 0.00 17,704.51
00-1060 DUE FROM GENERAL FUND 0.00 0.00
00-1062 AMOUNT TO BE PROVIDED L-T-D 0.00 437,619.80
LIABILITIES AND FUND BALANCE
00-2201 N/P GNB 0.00 437,619.80
00-3020 FUND BALANCE 0.00 319,227.77
REVENUES
00-4000 LOAN PROCEEDS 0.00 0.00
00-4425 STATE SALES TAX 11,042.77 11,042.77
00-4800 INTEREST INCOME 0.00 0.00
00-4940 DONATIONS 0.00 0.00
EXPENSES
75-5200 CHECK CHARGES 0.00 0.00
75-5210 OFFICE SUPPLIES 0.00 0.00
75-5215 TRAVEL & REGISTRATIONS 500.00 500.00
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 100.00 100.00
75-5425 LEGAL FEES 0.00 0.00
75-6500 PROJECTS 0.00 0.00
75-6505 LOAN PAYMENTS 10,000.00 10,000.00
***TOTALS*** 11,042.77 11,042. 77CR 601,330.27 767,890.34CR
•
10-25-2006 02:34 PM
41 -4A CORPORATION
REVENUE SUMMARY
4A REVENUES
*** TOTAL REVENUES,***
EXPENDITURE SUMMARY
75-4A EXPENSES
*** TOTAL EXPENDITURES***
** REVENUES OVER(UNDER) EXPENDITURES**
TOTAL OTHER FINANCING SOURCES (USES)
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
220,000.00
220,000.00
184,800.00
184,800.00
35,200.00
0.00
0.00
0.00
CURRENT
PERIOD
11,042.77
11,042.77
10,600.00
10,600.00
442.77
0.00
0.00
0.00
Y-T-D
ACTUAL
11,042.77
11,042.77
10,600.00
10,600.00
442.77
0.00
0.00
0.00
% OF
BUDGET
5.02
5.02
5.74
5.74
1. 26
0.00
0.00
0.00
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAGE:
BUDGET
BALANCE
208,957.23
208,957.23
174,200.00
174,200.00
34,757.23
0.00
0.00
0.00
10-25-2006 02:34 PM
41 -4A CORPORATION
r ES
REVENUES
4A REVENUES
00-4000 LOAN PROCEEDS
00-4425 STATE SALES TAX
00-4800 INTEREST INCOME
00-4940 DONATIONS
TOTAL 4A REVENUES
*** TOTAL REVENUES ***
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
0.00
220,000.00
0.00
0.00
220,000.00
220,000.00
==============
CURRENT
PERIOD
0.00
11,042.77
0.00
0.00
11,042.77
11,042. 77
==============
Y-T-D % OF
ACTUAL BUDGET
0.00 0.00
11,042.77 5.02
0.00 0.00
0.00 0.00
11,042.77 5.02
11,042.77 5.02
==============
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
0.00
0.00
==============
PAGE: 2
BUDGET
BALANCE
0.00
208,957.23
0.00
0.00
208,957.23
208,957.23
==============
10-25-2006 02:34 PM
41 -4A CORPORATION
75-4A EXPENSES
MENT EXPENDITURES
52-SUPPLIES AND MATERIALS
75-5200 CHECK CHARGES
75-5210 OFFICE SUPPLIES
75-5215 TRAVEL & REGISTRATIONS
75-5220 DUES
75-5225 PUBLICATIONS/SUBSCRIPTIONS
TOTAL 52-SUPPLIES AND MATERIALS
54-CONTRACT SERVICES
75-5410 INSURANCE
75-5420 CONTRACTUAL SERVICES
75-5425 LEGAL FEES
TOTAL 54-CONTRACT SERVICES
65-PROJECTS
75-6500 PROJECTS
r ·· 05 LOAN PAYMENTS
L 65-PROJECTS
*** DEPARTMENT TOTAL ***
TOTAL EXPENDITURES***
OTHER FINANCING SOURCES (USES)
TOTAL OTHER FINANCING SOURCES (USES)
*** END OF REPORT***
•
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D % OF
ACTUAL BUDGET
0.00 0.00 0.00 0.00
200.00 0.00 0.00 0.00
500.00 500.00 500.00 100.00
250.00 0.00 0.00 0.00
200.00 0.00 0.00 0.00
1,150.00 500.00 500.00 43.48
100.00 0.00 0.00 0.00
28,500.00 100.00 100.00 0.35
1,000.00 0.00 0.00 0.00
29,600.00 100.00 100.00 0.34
0.00 0.00 0.00 0.00
154,050.00 10,000.00 10,000.00 6.49
154,050.00 10,000.00 10,000.00 6. 49
184,800.00 10,600.00 10,600.00 5.74
============== ============== ==============
184,800.00 10,600.00 10,600.00 5.74
0.00 0.00 0.00 0.00
=============-===========-=-=========-====
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
==============
0.00
0.00
PAGE: 3
BUDGET
BALANCE
0.00
200.00
0.00
250.00
200.00
650.00
100.00
28,400.00
1,000.00
29,500.00
0.00
144,050.00
144,050.00
174,200.00
==============
174,200.00
0.00