02/26/2007-4B-Agenda Packet-Regular•
AGENDA
4B Sanger, Texas Development Corporation
Monday, February 26, 2007
7:00 P.M. -201 Bolivar
1. Call Meeting to Order.
2. Approve Minutes: September 11, 2006
3. Review Financials.
4. Update on Economic Development Activities
5. Discuss Contract of Economic Development Director.
6. List of Future Agenda Items.
7. Adjournment.
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: 4-B Sanger Texas Development Corporation
September 11, 2006
Members
Present: Nel Armstrong, Beverly Branch, Thomas Muir, John Payne, John Springer,
Glenn Ervin, and Kim Shaw
Others
Present: Jack Smith, City Manager; Rose Chavez, City Secretary/Asst. City Manager;
Cecile Carson, Economic Development Director
1. President Nel Armstrong called meeting to order.
2. Approve Minutes: July 13, 2006
August 10, 2006
3.
Corrections were as follows: August 10, 2006 Minutes:
• Item 2, Page 3 should reflect, " Cecile Carson indicated there are many
needs and issues"
• Item 2, Page 4, second to the last sentence should reflect, "there was not
anyone who spoke for or against this project"
• Item 2, last paragraph, should reflect, "TML will insure the park"
• Item 3, correct the spelling on the word "Discuss"
• Second paragraph on Item 3 should reflect the correct statement, "The
officers serve a one-year term from July through July of each year.
The terms of the members are for two years and may serve an unlimited
time"
• Item 3, third paragraph, add the word "who" in the statement, "Discuss
officers who were appointed last year."
• Item 4(b ), third paragraph, correct spelling of "purposing" to
"proposing"
• On the last paragraph, take out the word "the" and insert "that" in the
statement.
Motion to approve minutes with changes. Seconded by Kim Shaw. Motion carried
unanimously.
Review Financials.
City Secretary, Rose Chavez, reviewed with the Board asset accounts and expenditures.
She advised that the Certificate of Deposit renewed at 7.50%, effective September 1,
2006. On the Financial Reports, the City Secretary advised that on line item 76-6500
(Projects), the Economic Director's salary expense needed to be shifted to 76-5420,
which would decrease the deficit budget balance on that line item •
4. Consider and Possible Action on Proposed Budget 2006/2007.
*Consider Project with University of North Texas
City Manager, Jack Smith, briefed Board members on the year-to-date revenues and
expenditures as indicated in the financial regarding anticipated revenues and
expenditures for next year.
Discussed the line item for office supplies. City Secretary advisecl that the Economic
Development Director was needing some_ office supplies and, if it was possible, to utilize
the funds in that line item.
Discussion followed. Board members agreed that staff could utilize the $200.00 in office
supplies toward the purchase of supplies for the Economic Development Director.
Beverly Branch made motion to adopt budget for 2006/2007. Seconde.d by Kim Shaw.
Motion carried unanimously.
Consider Project with University of North Texas.
Cecile Carson advised that she had spoken to Rose concerning funds·and there are
funds in this year's budget to fund this project. Cecile Carson reported that she has
been working with an informal group to get advice and · opinions for economic
development about current businesses and how to draw more business into the
community.
Cecile Carson reported that a survey would consist of getting information on the needs
of businesses in the community, their opinions of the City, and the things that can
benefit those businesses in order to-retain them within the community.
She has visited with different business owners and the consensus was that this was an
outside source that would be objective. Ms. Carson indi~ated that, in her conversation
with Dr. Weinstein ofUNT, he indicated the study would include a general overview,
identifying targets of opportunities, and a review of economic incentives from around
the area that could attract new businesses. Ms. Carson advised that Dr. Bernard
Weinstein often recommended cities he has studied to businesses he comes in contact
with.
This study can be funded under promotions in this year's budget or it could be included
in next year's budget or the board can decline it.
President Armstrong inquired if there was a difference between this study and the one
approved for the Buxton analysis.
Ms. Carson gave a brief overview of the Buxton study. It has similar background
information, but the goals are different. The UNT study is about current businesses in
the community and how to draw more business to Sanger. The other study reviews
• I
Sanger residents, how they spend their money, and what is needed to keep these monies
in Sanger.
Discussion followed concerning the two different studies and the impact that the UNT
study would have on Sanger.
Thomas Muir made motion to set this aside in this current year's budget to fund up to
$5,000 as requested by staff toward the UNT research. Beverly Branch seconded.
Motion carried unanimously.
5. Consider and Possible Action on Appointment of Officers as Required in the By-Laws
Section 5.02.
President: Motion made by Beverly Branch to nominate Nel Armstrong as President.
Seconded Glenn Ervin. Motion carried unanimously.
Vice-President: Motion made by Kim Shaw to nominate John Springer. Seconded by
Glenn Ervin. Motion carried unanimously.
Secretary/freasurer: Motion made by Glenn Ervin to nominate Thomas Muir.
Seconded by Beverly Branch. Motion carried unanimously.
Discussion was the time to set meeting dates according to the Board's by-laws.
Motion made by Kim Shaw to schedule meetings as warranted on the 4th Monday of
each month starting in October. Seconded by John Springer. Motion carried.
6. List of Future Agenda Items.
Ms. Carson reported that September 27 is the earliest date, according to State law, that
funds can be expended. Buxton has started working on their analysis and they will have
target-market maps to staff by Friday of this week. The study is to be concluded by the
first of November.
7. Meeting Adjourned •
2-22-2007 03:21 PM
4,2 -48 CORPORATION
ASSETS
CCOUNT NO# TITLE
00-1010 CASH MONEY MARKET
00-1011 SANGER TX DEV. CORP. 463620
00-1012 48 CD#6669
00-1053 RECEIVABLE-OTHER
00-1060 DUE FROM GEN. FUND
' 00-1062 AMT TO BE PROVIDED FOR L-T-D
LIABILITIES AND FUND BALANCE
00-,2201 N/P GNB
00-3020 FUND BALANCE
REVENUES
EXPENSES
00-4425 STATE SALES TAX
00-4800 INTEREST INCOME
00-4940 DONATIONS
00-4985 TRANFERS OUT TO 48/PARK EXP
76-5200 CHECK CHARGES
76-5210 OFFICE SUPPLIES
76-5215 TRAVEL & REGISTRATIONS
76-5220 DUES
76-5225 PUBLICATIONS/SUBSCRIPTIONS
76-5410 INSURANCE
76-5420 CONTRACTUAL SERVICES
76-5450 ENGINEERING FEES
76-6500 PROJECTS
***1TOTALS ***
C I T Y O F S A N G E R
TRIAL BALANCE
AS OF: FEBRUARY 28TH, 2007
**** MONTH TO DATE****
DEBITS
19,601.10
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
o.oo
0.00
0.00
19,601.10
CREDITS
19,601.10
19,601. lOCR
***** YEAR TO DATE*****
DEBITS
53,241.29 ~
50,000.00)
559,451.89
17,704.51
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
400.00
0.00
12,500.00
693,297.69
CREDITS
590,300.08
89,431.98
13,565.63
693,297.69CR
PAGE: 1
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2-22-2007 03:21 PM
42 -48 CORPORATION
REVENUE SUMMARY
48 REVENUES
*** TOTAL REVENUES ***
EXPENDITURE SUMMARY
76-48 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: FEBRUARY 28TH, 2007
CURRENT
BUDGET
250,000.00
250,000.00
250,000.00
250,000.00
0.00
0.00
0.00
0.00
CURRENT
PERIOD
19,601.10
19,601.10
0.00
0.00
19,601.10
0.00
0.00
0.00
Y-T-D % OF
ACTUAL BUDGET
102,997.61 41.20
102,997.61 41.20
12,900.00 ~
12,900.00 5.16
90,097.61
0.00
0.00
0.00
0.00
0.00
o.oo
0.00
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAGE: l
BUDGET
BALANCE
147,002.39
147,002.39
237,100.00
237,100.00
90,097,61)
o.oo
0.00
0.00
2-22-2007 03:21 PM
42 -4B CORPORATION
REVE
REVENUES
4B REVENUES
00-4425 STATE SALES TAX
00-4800 INTEREST INCOME
00-4940 DONATIONS
TOTAL 4B REVENUES
... TOTAL REVENUES ***
C I T Y O F S A N G E R
FINANCIAL STATEMENT
CURRENT
BUDGET
240,000.00
10,000.00
0.00
250,000.00
250,000.00
==============
AS OF: FEBRUARY 28TH, 2007
CURRENT
PERIOD
19,601.10
0.00
0.00
19,601.10
19,601.10
-==----==--==-
Y-T-D % OF
ACTUAL BUDGET
89,431.98 37.26
13,565.63 135.66
0.00 0.00
102,997.61 41.20
102,997.61 41.20
=---==--=-=-=.:<::c-
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
0.00
===--=-==---==
PAGE: 2
BUDGET
BALANCE
150,568.02
3,565.63)
0.00
147,002.39
147,002.39
==============
2-22-2007 03:21 PM
42 -4B CORPORATION
00-NON-DEPARTMENTAL
DEP NT EXPENDITURES
*** DEPARTMENT TOTAL ***
CITY OF SANGER
FINANCIAL STATEMENT
AS OF: FEBRUARY 28TH, 2007
CURRENT
BUDGET
0.00
CURRENT
PERIOD
0.00
Y-T-D
ACTUAL
0.00
% OF
BUDGET
0.00
Y-T-D
ENCUMB.
0.00
PAGE: 3
BUDGET
BALANCE
0.00
2-22-2007 03:21 PM
42 -4B CORPORATION
76-4B EXPENSES
DE~ T EXPENDITURES
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: FEBRUARY 28TH, 2007
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D % OF
ACTUAL BUDGET
Y-T-D
ENCUMB.
PAGE:
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
52-SUPPLIES AND MATERIALS
76-5200 CHECK CHARGES 0.00 0.00 o.oo 0.00 0.00 0.00
76-5210 OFFICE SUPPLIES 200.00 0.00 0.00 0.00 0.00 200.00
76-5215 TRAVEL & REGISTRATIONS 500.00 0.00 0.00 0.00 0.00 500.00
76-5220 DUES 250.00 0.00 0.00 0.00 0.00 250.00
76-5225 PUBLICATIONS/SUBSCRIPTIONS 200.00 0.00 0.00 ____Q__,_QQ 0.00 200.00
TOTAL 52-SUPPLIES AND MATERIALS 1,150.00 0.00 0.00 0.00 0.00 1,150.00
54-CONTRACT SERVICES
76-5410 INSURANCE 100.00 0.00 o.oo 0.00 0.00 100.00
76-5420 CONTRACTUAL SERVICES 26,200.00 0.00 400.00 1.53 0.00 25,800.00
76-5450 ENGINEERING FEES 0.00 0.00 0.00 ____Q__,_QQ 0.00 o.oo
TOTAL 54-CONTRACT SERVICES 26,300.00 0.00 400.00 1.52 0.00 25,900.00
65-PROJECTS
76-6500 PROJECTS 222,550.00 0.00 12,500.00 5.62 0.00 210,050.00
TOTAL 65-PROJECTS 222,550.00 0.00 12,500.00 5.62 0.00 210,050.00
**'* DEPARTMENT TOTAL *** 250,000.00 0.00 12,900.00 5.16 0.00 237,100.00
=========~==== ============= =-==~========= ==--=--==-===-
*** TOTAL EXPENDITURES*** 250,000.00 0.00 12,900.00 5.16 0.00 237,100.00
OTHER FINANCING SOURCES (USES)
"TOTAL OTHER FINANCING SOURCES (USES) 0.00 0.00 0.00 0.00 0.00 0.00
=--=~-----=--= ============== ==============
*** END OF REPORT***
•
•
EMPLOYMENT AGREEMENT
THISAGREEMENT,madeandenteredintoeffectivethe :J~.,! dayof JMtWtr<.J 2006,
by and between the CITY OF SANGER, a home rule city, hereinafter called the "Employer," and
CECILE CARSON, hereinafter called "Employee", both of whom agree and understand as
follows:
WIT NE S SETH:
WHEREAS, Employer desires to retain the services of Cecile Carson as Director of the Economic
Development Department; and
WHEREAS, it is the desire of Employer to provide certain benefits, establish certain conditions of
employment, and to set working conditions of said Employee; and
WHEREAS, it is the desire of the City to: (i) secure and retain the services of Employee and
provide inducement for her to remain in such employment; (ii) make possible full work productivity
by assuring Employee's morale and peace of mind with respect to future security; (iii) act as a
deterrent against malfeasance or dishonesty for personal gain on the part of Employee; and (iv)
provide a just means for terminating Employee's services at such time as she may be unable to fully
discharge her duties or when Employer may desire to otherwise terminate her employment; and
WHEREAS, Employee desires to be employed as the Director of,the Economic Development
Department.
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties
hereto agree as follows:
Section 1. Duties
Employer hereby agrees to employ said Cecile Carson as Director of the Economic Development
Department to perform the following specified functions and duties. Employee shall exercise her
reasonable best efforts to:
a. Perform management and administrative duties including but not limited to planning,
organizing, coordinating and directing the economic development program for the City of
Sanger.
b. Coordinate and participate in economic development activities with Denton County, the
Sanger Chamber of Commerce, and other public and private organizations involved in the
development of Sanger's economy.
c. Prepare, implement and administer long-range economic development programs and
techniques in a competitive environment.
37034
•
d. Demonstrate comprehensive knowledge of the principles and practices of economic
development, international trade, tax and financial inducements, governmental affairs and
public relations.
e. Maintain accurate and current statistical and technical information regarding the City of
Sanger in order to market Sanger to existing as well as prospective businesses and
industries.
f. Effectively relate to and communicate with the various public and private organizations
associated with community economic development and community betterment.
g. Cooperate with the City Council in carrying out policies and programs as directed by the
Council and City Manager.
h. Maintain contact with representatives of industry and commerce as well as federal, state and
local officials on economic development activities in Sanger.
1. Create media, literature and materials for both promotional and information purposes
promoting economic development and tourism.
J. Interpret and ensure compliance with all laws, rules and regulations governing the SEDC
and its operation.
k. Attend meetings of the City of Sanger City Council, 4A and 4B Corporations.
1. Perform such other and further duties as directed by the City Manager.
Section 2. Term
a.
b.
C .
Employee shall serve as Director of the Economic Development Department commencing
on thec:2i'1 day of Ja11-u.a.~ , 200~ for a period of two (2) years but may be terminated
in accordance with the p( visions of Section 3 of this Agreement. After expiration of the
initial two (2) year term, this Agreement shall be automatically renewed for successive two
(2) year periods, unless the City gives the Employee twelve (12) months' prior written
notice to terminate the Agreement.
Nothing in this Agreement shall prevent, limit, or otherwise interfere with the right of the
City to terminate the services of Employee at any time, subject only to the provisions set
forth in Section 3 of this Agreement.
Nothing in this Agreement shall prevent, limit, or otherwise interfere with the right of
37034
Employee to resign at any time from her position with Employer, subject to the provisions
set forth in Section 3 of this Agreement.
d. Employee agrees to remain in the exclusive employ of Employer, and neither to accept other
full time employment nor to become employed full time by any other employer during the
term of this Agreement. The term "employed" shall not be construed to include occasional
teaching, writing, consulting or service performed on Employee's time off or exempt leave.
Section 3. Termination
a. Employee is an employee serving at the will and pleasure of the City Manager and may be
terminated with or without cause at any time, in accordance with adopted City personnel
policies. For purposes of this Agreement "cause" shall mean conviction, deferred
adjudicati~n or disposition, or probation of a Class A or B Misdemeanor or Felony ( other
than traffic-related offenses), or willful neglect of duties.
b. In the event Employee voluntarily resigns her position with Employer, Employee shall
provide Employer thirty (30) days' prior written notice, unless the parties otherwise agree.
Section 4. Salary
Employer agrees to pay Employee for services rendered, an annual base salary of fifty thousand
dollars ($50,000.00), payable in equal installments at the same time as other employees of Employer
are paid and subject to the same applicable deductions for employee benefit contributions. In
addition, Employee shall receive annually up to an additional fifteen thousand dollars ($15,000.00)
in compensation based upon performance of the criteria as outlined in the attached Exhibit A. In
addition, Employer may increase said base salary or other benefits of Employee in such amounts
and to such an extent as the City Council may determine on the basis of an annual salary review of
said Employee or at any other time the City Council determines proper.
Section 5. Performance Evaluation
a. The City Manager shall use its best efforts to review and evaluate the performance of
Employee at least once each year of employment. Said review and evaluation shall be in
accordance with written criteria mutually developed by Employer and Employee. Further,
the City Manager shall provide Employee with a summary written statement of the review.
Prior to the evaluation, Employee shall prepare and submit to City Manager a performance
appraisal document formatted to facilitate the performance review and evaluation provided
for herein. Such document shall accommodate both objective and subjective criteria and
shall be based on a combination of responsibilities outlined in this Agreement, City policies,
and City-established goals and objectives.
b. The City Manager shall prior to the commencement of each fiscal year define such goals
and performance objectives which he determines necessary for the proper operation of the
Economic Development Department and for the attainment of the City's policy objectives.
37034
The goals and objectives shall be measurable and attainable within the time limitations as
specified and the annual operating and capital budgets and appropriations provided.
Employee shall be an administrative employee and department head of the City, under the
direct supervision and control of the City Manager for her day-to-day activities and
performance as a City employee.
c. In effecting the provisions of this Section, the City and Employee mutually agree to abide
by the provisions of applicable law.
Section 6. Automobile
Employee's duties require that she have the exclusive and unrestricted use at all times during her
employment with Employer of an automobile provided for by a monthly car allowance of four
hundred dollars ($400.00) paid to Employee by Employer, for an aggregate amount of forty-eight
hundred dollars ($4,800.00) annually. Employee shall be responsible for paying the necessary
insurance and for the purchase, operation, maintenance, repair and replacement of said automobile.
Section 7. Dues and Subscriptions
Employer agrees to budget and to pay the professional dues and subscriptions of Employee
necessary for her continuation and full participation in national, regional, state, and local
associations and organizations necessary and desirable for her continued professional participation,
growth, and advancement, and for the good of Employer, as approved by the City Manager.
Employer shall fund Employee's membership and dues in civic/service clubs approved by the City
Manager.
Section 8. Professional Development
a. Employer hereby agrees to budget and to pay the reasonable travel and subsistence expenses
of Employee for professional and office travel, meetings, and occasions adequate to
continue the professional development of Employee and to adequately pursue necessary
official and other functions for Employer, including but not limited to, the Texas Economic
Development Council and the Texas Economic Development Sales Tax Association, and
such other national, regional, state, and local governmental groups and committees approved
by the City Manager.
b. Employer also agrees to budget travel and subsistence expenses of Employee for City-
approved short courses, institutes, and seminars that are necessary for her professional
development.
Section 9. Vacation and Sick Leave
Employee shall receive vacation leave annually according to the City of Sanger employee policy.
Sick leave shall be provided according to standard City of Sanger employee policy.
37034
Section 10. Benefits
Employer agrees to provide Employee with full benefits under the City of Sanger's retirement and
medical plans, including life, medical sick leave, dental. Employee shall also participate in the
Texas Municipal Retirement System as a City of Sanger employee. Employee shall pay all
insurance premiums not funded by Employer.
Section 11. Other Terms and Conditions of Employment
a. Employee, at Employer's cost, shall be provided a cellular phone for business use and
incidental personal use.
b. Unless expressly modified by this Agreement, all provisions, regulations, and rules of
Employer relating to vacation and sick leave (including provisions governing accrual and
payment therefor upon termination), retirement and pension system contributions, holidays,
and other fringe benefits and working conditions as they now exist or hereafter may be
amended shall apply to Employee as they would to other employees of Employer.
c. It is recognized that employee must devote a great deal of time outside the normal office
hours to the business of Sanger economic development, and to that end Employee will be
allowed to take compensatory time off as she shall deem appropriate, and as approved by
the City Manager, during said normal office hours.
Section 12. General Provisions
a. The text herein, or as amended hereafter, in writing, by agreement of Employee and
Employer, shall constitute the entire agreement between the parties.
b. This Agreement shall be effective as of Jc,(lu....a.v~ , .B._, 200~
c. If any provision, or any portion thereof, contained in this Agreement is held to be
unconstitutional, invalid, or unenforceable, the remainder of this Agreement, or portion
thereof, shall be deemed severable, shall not be affected, and shall remain in full force and
effect.
d. The validity of this Agreement and any of its terms or provisions, as well as the rights and
duties of the parties, shall be governed by the laws of the State of Texas any venue for any
action concerning this Agreement shall be in Denton County, Texas.
IN WITNESS WHEREOF, the City of Sanger has caused this Agreement to be signed and
executed in its behalf by its City Manager, and duly attested by its Secretary, and Employee has
signed and executed this Agreement, both in duplicate, as of the dates written below.
37034
CARSON
Date signed: fl~l 'S-0Cf1
37034
·•
EXHIBIT A
ADDITIONAL COMPENSATION FOR SERVICES
The City Council will establish any additional compensation for services of the Director. The
maximum annual additional compensation to be paid to the Director under the compensation plan
shall be fifteen thousand dollars ($15,000.00). Any amount established will be divided between
compensation and retirement funds as directed by the recipient. At least twice yearly, the City
Council will consider additional compensation for the Director based on performance standards.
The first performance review will be no later than April 1 of the fiscal year, with payment to be
made when the additional compensation is awarded.
Employee shall receive additional compensation equal to .5% (five-tenths of one
percent) of the taxable value, set by the Denton County Appraisal District, of new commercial
property developed in the City within the period of review. Employee shall receive additional
compensation at .5% (five-tenths of one percent) of the annual payroll on new business that
locates in existing facilities with the City of Sanger within the period of review.
37034
MEMO
October 25, 2006
To: 4B 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.
i
.I
Sale·s Tax Chart
/ 1999 ! 2000 2001 2002 I 2003 2004 2005 i006 1 ·
r~u;i:-::~:r=~~i~;.~j-~v-s· \11:~i~.,~~:.,~:r:," ~ .. ?10:/i~ ·~ .. } ) -~::;; ';~,?-... t~ '2 ~ . m r-.~i-' ~·~~~i·-i.tt1~~:.:~1~:~:;.:~;-.;;~~~1.-~~~·. _Ji!.~:'~ ~~~:;,--~~~r~-;¢;; ... ~:.~}
1 $6,691.041 $8,o83.93l $8,937.431 $10,348.821. $10,188.22fm}$2sf~·'u1e2~ · $13,993.781 $16,264.501
L ~'!:; .. ___ }-.~~~r::i:-~: ~;;:_~··:?:~:ffv·-:::r =~·2. -t):;-~~~ ~·. _ ~---~t~i":~ ... : t-.. ·' i-?{;,:· .. · ~~--:-~j---·-·-v· .. :.~1~::i.~ .. ~~~,t~ --~~ · ~·:::~---;~~ :-::J~. ~;~-~~ ~~ ,JJ~;½-r-e:?·:l:~~ti.!~~~1
FEB. I . $9,806.45! $9,763.371 $11,840.64! . $14,870.781 . $14,840.341 $17,485.761 $21,779.911 $21,513.621
c:~~~~ ~~.-.JI:~J:-.t: -~.:~~-~=;+t~~-r-~~-~ r-t•!\.-~~~-~ !;,~r L. ~~-. ·:~:. --~:J r}!~.. L"ft . .:;J .~> ~-:;,~7~,i~·~_-:t~:-, -~=:· '{~;~.---.. ;~.:-r:s:;~,:~·.: :;:,~;-lr~~-f .. c·; :i -.: -~;i:~-"ts
MARCH I $6,700.021 $10,384.63 I $8,984.18 I $9,209.15 I $12,446.36 I $13,382.911 $14,254.43 I $16,620.93 I r -~ \.~. ~1:i. ··~::.~~/?~-~---'~ -~: :.#< ;~:,,:-_· ~ ~ ~::; ·.~~:~ -~ ,..:-.. ,~,~ j. /~ L:~;:e~~~~ i: 'l,~~: .. ~'r:--' --~~-~-~f' \i~:iC£ ;, ~~(}:,~::~ :~~~~;~:~~!t~;i,::: ~~ -_:_j~: :_ .. ;:-.. i~ ~-~\.:.:~r .i. : ... ~J
APRIL I $10,075.18! $8,416.52! $9,517.251 $9,195.021 -$9,202.141 $12,224.77! $14,166.101 $17,198.171
bif7": ~; ---~¥:,1,-,-"_ ;~,i·::._ .. ,,_~-:~~-~ .. --:· ... ~--~•r:~~~;rf·~· -. _,l!f:ff~~-:~~;t'~.--cy··:~ ;~-~--~-:: '_.,_ ~;f'~j.:,.'..:>r::.::.;:~~~"fJ' ~~-/~~~ -\~t T·-\1:{ ~·_;:~~:·:J .. ~:~: !~~~;:;~: ·z_·~~~t-•::·!,4.;~~
MAY I $9,970.221 $10,323.15! $14,946.44! $10,623:561" $15,125.04! $20,311.37! $20,556.14! $17,428.361 e: ~4 ~~!_ :; ··::~ ,-:;.;~:;.:w:~f.:::i .. ,~:~: ~~2~ ~~-~Jt:~~~it.i~r_r~t~:t: r~~· "c ~1~~1~-..:'-¥~i\~~:~{t-:;;;.r:~-~ ~ ~;::"'_,:i+t\·l~:~~, .~-/~J~t~ ... :~~ _..t::;~;~ ... :~~~-··-J::~~l
~ ~UNE I $7,392.451,1 ~$7,953.661 -$10,131.01 i $11,911.06! $14,358.111 $18,276.941 $15,585.541 $23,063.99! .f.:E~-:;·~f.r~~z-c::~;~.r:~-~~:~-~~~.:~>-~~~l -~t' -~~-t"ti~~~t:.~·H·,.,• . .:._-·!";, . ' ...... ~';•·:~)]~1;;-r::.f~~:-:·:7~:~··~~!-~3-:i·~::j~~ !-~:¥ ' '3f \~~ ~.:r~.,_~1~ :~~~tJ
.. JULY j $8,733.02! ·$7,642.301 $12,784.181 $10,597.471 $11,370.281 $16,692.361 $16,914.631 $17,896.761
)1
4
l, r·: ~:~\.~\~~·-;::r~t~f;f11,:.1F.~ ]~.(~;:._;::-.~, :.~,j~~ ~ '\~1!:~i:i~,--~1~~~--~,~tt~r~,J; r.~t~:\:,:j'{!.~::?:~~~:~t ~~~~;~ ii1GL~rJliJ~:r:~:~·. ~>\:::,~ _i -~·-'"t::{'~~ ~--~-,;,r)' ·{J1
-·A~~USTI $12,935.491 $10,854.251 $17,035.00I: $14,962.171' ~$16,132.421 $18,954.711 $20,375.581 $24,003.151 '
t~1~::~~~,_t·• ·:. -:~ ~~~:.,;~~~:\c ·-~---,~;~~:;_i-~J:::~~ ~~<_~;~:~-~,---~-~· ~.~\_;~;tL1~ ~l-'1; 't ~~~~~~l.,.~ '! ;~t-.,:~ ~ ·0~:~~-•·-~_·1..~ . ?.:?:1:~1~:-~:~~!jJ~.J~~r,~J>:L~::t :~~"t-" ~ r~ . :_·! ,:· /~J' j ~ 1
SEPT. I $8,584.581 $7,103.501 $11,612.081 ·$12,928.161;· $13,140.491 $15,725.621 $16,977.99! $19,746.74&6-
. . l~h .1f::::-~~:?-=~;·::}::~r.~:-~~!:lt~~-;0_;.~:;s· .. -~~~,: ,:_~1~~:T.~.t~::~~-~;::.:?:~:;'" l _ ·~~ -;~~ ~··:~\~'{~~~i~~~ 1/~ ~~-:~::-~~!]L.~~ ~?tr~ ~; -~ ~~( ';~.-/~:~1,,~-;i~\~~-~~= ·~
·· :ocT.., I $9,164.48! $10,136.271 $28,586.971 $14,246.901 $11,426.72!• $16,084.641 $17,704.51 I $11,042.nj
· . t ;--J....1~1L~;J.~t::;_::::.~~t',&}~~~:~"?t~: ~;( __ ~~~:f-~~1t-m$~:.~~-: .. &~.f'--t-~-~--""~, ~ : .• "# ,:::~~-·t,1~~~~-~i-il~:,.·,~·~~~}~'?f.f:t~:~i!:❖~~-~ ;.i;:~t:.~J.:y·•~;,~ ·-~~~;-. ~h !l
:.:...::.NOV;.··-l· -$8;912.47!--$11,975.61 I--$16,166,701 $13,940.441---$17,184.88!--$22,700.73! -$20,661.06!-= 1 ..
\~t::=~~T~~::~~~:,.;:A~f~:v;;;~,,~~ -~~~~-Et;• i~~_J:~-,r-':~-~~~~~t~11;-.,~~-~t·qt\ Ji•~ :} ' •~ ~:•,., ~1f<:~•••:J:~~t: •~~L~~:'.:::::.r~:.1,~:?~J;:~~~;.:;:~.~-:'":i~~:J~~~Jt -,~•:~~r-:"_ ,:~~~: ~~1~
DEC'. ., $12,594.42! , $7,860.371 $10,397.07! $10,198.241 $12,570.111 $16,179.851 $19,822.07I-
J""TAJ: ' $111,559.82 $110,497.56 $160,938.95 $143,031.77 $157,985.11 $213,867.28 $212,791.74
· ~ = THIS INCLUDES LOCAL
ST ATE COLLECTIONS THAT
WERE NOT DEPOSITED FOR . ,.
:. ·I PRIOR MONTHS
• :+.
l
..!
i
'··-~ 1 !: {" : •~If., ·-
. ' ··•
··•
10-25-2006 04:35 PM
42 -4B CORPORATION
ASSETS
ACCOUNT NO# TITLE
00-1010 CASH MONEY MARKET
00-1012 4B CD#6669
00-1053 RECEIVABLE-OTHER
00-1060 DUE FROM GEN. FUND
00-1062 AMT TO BE PROVIDED FOR L-T-D
LIABILITIES AND FUND BALANCE
1
REVENUES
EXPENSES
•
00-2201 N/P GNB
\
00-3020
I
00-4425
00-4800
I
00-4940
00-4985
76-5200
76-5210
76-5215
76-5220
76-5225
76-5410
76-5420
76-5450
76-6500
FUND BALANCE
STATE SALES TAX
INTEREST INCOME
DONATIONS
TRANFERS OUT TO 4B/PARK EXP
CHECK CHARGES
OFFICE SUPPLIES
TRAVEL & REGISTRATIONS
DUES
PUBLICATIONS/SUBSCRIPTIONS
INSURANCE
CONTRACTUAL SERVICES
ENGINEERING FEES
PROJECTS
***TOTALS***
C I T Y O F SANGER
TRIAL BALANCE
AS OF: SEPTEMBER 30TH, 2006
**** MONTH TO DATE****
DEBITS
17,176.42
3,163.39
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
100.00
0.00
2,500.00
22,939.81
CREDITS
19,746.74
3,193.07
22,939.81CR
***** YEAR TO DATE*****
DEBITS
39,134.47
533,461.10
17,704.51
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
19,915.42
0.00
161,084.00
771,299.50
CREDITS
508,289.89
231,923.86
31,085.75
771,299.50CR
PAGE: 1
10-25-2006 04:45 PM
42 -4B CORPORATION
REVENUE SUMMARY
4B REVENUES
i' *** TOTAL REVENUES ***
EXPENDITURE SUMMARY
76-4B EXPENSES
*** TOTAL EXPENDITURES***
** REVENUES OVER(UNDER) EXPENDITURES **,
TOTAL OTHER FINANCING SOURCES (USES)
•
C
CURRENT
BUDGET
220,000.00
220,000.00
181,800.00
181,800.00
38,200.00
0.00
0.00
0.00
I T Y 0 F SANG E R
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
CURRENT
PERIOD
22,939.81
22,939.81
2,600.00
2,600.00
20,339.81
0.00
0.00
0.00
Y-T-D
ACTUAL
263,009.61
263,009.61
180,999.42
180,999.42
82,010.19
0.00
0.00
0.00
% OF
BUDGET
119.55
119. 55
99.56
99.56
214.69
0.00
0.00
0.00
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
o.oo
0.00
0.00
0.00
PAGE: 1
BUDGET
BALANCE
43,009.61)
43,009.61)
800.58
800.58
43,810.19)
0.00
0.00
0.00
.,
10-2572006 04:45 PM C I T Y 0 F SAN GE R PAGE: 2
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
42 -4B CORPORATION
UES
CURRENT CURRENT Y-T-D % OF Y-T-D BUDGET
BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
REVENUES
4B REVENUES
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 3,193.07 31,085.75 0.00 0.00 31,085.75)
00-4940 DONATIONS 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL 4B REVENUES 220,000.00 22,939.81 263,009.61 119. 55 0.00 43,009.61)
*** TOTAL REVENUES *** 220,000.00 22,939.81 263,009.61 119.55 0.00 43,009.61)
--------===--==--= ========
•
10-25-2006 04:45 PM C I T Y 0 F SANG E R PAGE: 3
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
42 -4B CORPORATION
DO-NON-DEPARTMENTAL
TMENT EXPENDITURES
CURRENT CURRENT Y-T-D % OF Y-T-D BUDGET
BUDGET PERIOD ACTUAL BUDGET ENCUMB. BALANCE
*** DEPARTMENT TOTAL *** 0.00 0.00 0.00 0.00 0.00 0.00
',
•
10-25-2006 04:45 PM
42 -4B CORPORATION
76-4~fEXPENSES
'f'MENT EXPENDITURES
CITY OF SANGER
FINANCIAL STATEMENT
AS OF: SEPTEMBER 30TH, 2006
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D
ACTUAL
% OF
BUDGET
Y-T-D
ENCUMB.
PAGE: 4
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
52-SUPPLIES AND MATERIALS
76-5200 CHECK CHARGES 0.00 0.00 0.00 0.00 0.00 0.00 !
76-5210 OFFICE SUPPLIES 200.00 0.00 0.00 0.00 0.00 200.00
76-5215 TRAVEL &"REGISTRATIONS 500.00 0.00 0.00 0.00 0.00 500.00
76-5220 DUES 250.00 0.00 0.00 0.00 0.00 250.00
76-5225 PUBLICATIONS/SUBSCRIPTIONS 200.00 0.00 0.00 0.00 0.00 200.00
I TOTAL 52-SUPPLIES AND MATERIALS 1,150.00 0.00 0.00 0.00 0.00 1,150.00
54-CONTRACT SERVICES
76-5410 INSURANCE 100.00 0.00 0.00 0.00 0.00 100.00
76-5420 CONTRACTUAL SERVICES 28,500.00 100.00 19,915.42 69.88 0.00 8,584.58
76-5450 ENGINEERING FEES 0.00 0.00 0.00 0.00 0.00 0.00
TOTAL 54-CONTRACT SERVICES 28,600.00 100.00 19,915.42 69.63 0.00 B,6B4.5B
65-PROJECTS
76-6500 PROJECTS 152,050.00 2,500.00 161,0B4.00 105.94 0.00 9,034.00)
TAL 65-PROJECTS 152,050.00 2,500.00 161,0B4.00 105.94 0.00 9,034.00)
'
*** DEPARTMENT TOTAL *** lBl,B00.00 2,600.00 180,999.42 99.56 0.00 BOO.SB
-------========= =--===-====
*** TOTAL EXPENDITURES*** lBl,B00.00 2,600.00 lB0,999.42 99.56 0.00 BOO.SB
'
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 04:33 PM
42 -4B CORPORATION
ASSETS
,,
ACCOUNT NO# TITLE
00-1010, CASH MONEY MARKET
00-1012 4B CD#6669
00-1053 RECEIVABLE-OTHER
0071060 DUE FROM GEN. FUND
00-1062 AMT TO BE PROVIDED FOR L-T-D
LIABILITIES AND FUND BALANCE
REVENUES
EXPENSES
•
00-2201
00-3020
00-4425
00-4800
00-4940
00-4985
76-5200
"76-5210
76-5215
76-5220
76-5225
76-5410
76-5420
76-5~50
76-6500
N/P GNB
FUND BALANCE
STATE SALES TAX
INTEREST INCOME
DONATIONS
TRANFERS OUT TO 4B/PARK EXP
CHECK CHARGES
OFFICE SUPPLIES
TRAVEL & REGISTRATIONS
DUES
PUBLICATIONS/SUBSCRIPTIONS
INSURANCE
CONTRACTUAL SERVICES
ENGINEERING FEES
PROJECTS
***TOTALS***
CITY OF SANGER
TRIAL BALANCE
AS OF: OCTOBER 31ST, 2006
**** MONTH TO DATE****
DEBITS
15,782.85
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
100.00
0.00
12,500.00
28,382.85
CREDITS
14,161.23
11,042.77
3,178.85
28,382.85CR
***** YEAR TO DATE*****
DEBITS
24,973.24
549,243.95
17,704.51
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
100.00
0.00
12,500.00
604,521.70
CREDITS
508,289.89
11,042.77
3,178.85
522,511.51CR
PAGE: 1
10-25-,2006 04: 34 PM
'
_ 42 -4B CORPORATION
CITY OF SANGER
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D
ACTUAL
% OF
BUDGET
Y-T-D
ENCUMB.
PAGE: 1
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
REVENUE SUMMARY
4B REVENUES 220,000.00 14,221.62 14,221.62 6.46 0.00 205,778.38
*** TOTAL REVENUES *** 220,000.00 14,221.62 14,221.62 6.46 0.00 205,778.38
EXPENDITURE SUMMARY
76-4B EXPENSES 181,800.00 12,600.00 12,600.00 6.93 0.00 169,200.00
*** TOTAL EXPENDITURES*** 181,800.00 12,600.00 12,600.00 6.93 0.00 169,200.00
** REVENUES OVER(UNDER) EXPENDITURES •• 38,200.00 1,621.62 1,621.62 4.25 0.00 36,578.38
====--==== ===:====== --------
0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00
TOTAL OTHER FINANCING SOURCES (USES) 0.00 0.00 0.00 0.00 0.00 0.00
------========--= ========== =====--
•
10-25-2006 04:34 PM
42 -4B CORPORATION
UES
REVENUES
4B REVENUES
00-4425 STATE SALES TAX
00-4800 INTEREST INCOME
00-4940 DONATIONS
TOTAL 4B REVENUES
••• TOTAL REVENUES •••
•
CITY OF SANGER
FINANCIAL STATEMENT
CURRENT
BUDGET
220,000.00
0.00
0.00
220,000.00
220,000.00
==
AS OF: OCTOBER 31ST, 2006
CURRENT
PERIOD
11,042.77
3,178.85
0.00
14,221.62
14,221.62
--------
Y-T-D
ACTUAL
11,042.77
3,178.85
0.00
14,221.62
14,221.62
======
% OF
BUDGET
5.02
0.00
0.00
6.46
6.46
Y-T-D
ENCUMB.
0.00
0.00
0.00
0.00
o.oo
PAGE: 2
BUDGET
BALANCE
208,957.23
3,178.85)
0.00
205,778.38
205,778.38
===========
10-25-2006 04:34 PM
42 -4B CORPORATION
00-NON-DEPARTMENTAL
TMENT EXPENDITURES
***t DEPARTMENT TOTAL ***
C I T Y O F S A N G E R
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
0.00
CURRENT
PERIOD '
0.00
Y-T-D
ACTUAL
0.00
% OF
BUDGET
0.00
Y-T-D
ENCUMB.
0.00
PAGE: 3
BUDGET
BALANCE
0.00
10-25-2006 04:34 PM
42 -4B CORPORATION
76-4B EXPENSES
~TMENT EXPENDITURES .
CITY OF SANGER
FINANCIAL STATEMENT
AS OF: OCTOBER 31ST, 2006
CURRENT
BUDGET
CURRENT
PERIOD
Y-T-D
ACTUAL
% OF
BUDGET
Y-T-D
ENCUMB.
PAGE: 4
BUDGET
BALANCE
----------------------------------------------------------------------------------------------------------------------------------
52-SUPPLIES AND MATERIALS
76-5200 CHECK CHARGES
76-5210 OFFICE St.JPPLIES
76-5215 TRAVEL & REGISTRATIONS
76-5220 DUES
76-5225 PUBLICATIONS/SUBSCRIPTIONS
TOTAL 52-SUPPLIES
I
54-CONTRACT SERVICES
76-5410 INSURANCE
76-5420 CONTRACTUAL
76-5450 ENGINEERING
TOTAL 54-CONTRACT
65-PROJECTS
76-6500 PROJECTS
TAL 65-PROJECTS
AND MATERIALS
SERVICES
FEES
SERVICES
* * * ' DEPARTMENT TOTAL * * *
*** TOTAL EXPENDITURES***
OTHER FINANCING SOURCES (USES)
TOTAL OTHER FINANCING SOURCES (USES)
*** END OF REPORT***
•
0.00
200.00
500.00
250.00
200.00
1,150.00
100.00
28,500.00
0.00
28,600.00
152,050.00
152,050.00
181,800.00
181,800.00
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
100.00 100.00
0.00 0.00
100.00 100.00
12,500.00 12,500.00
12,500.00 12,500.00
12,600.00 12,600.00
12,600.00 12,600.00
0.00 0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.35
0.00
0.35
8.22
8.22
6.93
6.93
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
200.00
500.00
250.00
200.00
1,150.00
100.00
28,400.00
0.00
28,500.00
139,550.00
139,550.00
169,200.00
169,200.00
0.00