HomeMy WebLinkAbout2014/06/02 - ADMIN - Agenda Packets - City Council - Regular
AGENDA
JUNE 2, 2014
6:30 p.m. SPECIAL STUDY SESSION – Council Chambers
Discussion Items
1. 6:30 p.m. 2013 Financial Statements – Auditors Discussion and Review
Written Reports
2. Update Connect the Park!
7:20 p.m. ECONOMIC DEVELOPMENT AUTHORITY -- Council Chambers
1. Call to Order
2. Roll Call
3. Approval of Minutes
3a. Economic Development Authority Meeting Minutes May 5, 2014
4. Approval of Agenda
5. Reports
5a. Approval of EDA Disbursements
6. Old Business – None
7. New Business – None
8. Communications -- None
9. Adjournment
7:30 p.m. CITY COUNCIL MEETING – Council Chambers
1. Call to Order
1a. Pledge of Allegiance
1b. Roll Call
2. Presentations
2a. Presentation Accepting Monetary Donation from Loop Minnesota and Hearing Loss
Association of America ($1,000 each)
2b. Beyond The Yellow Ribbon Coalition Update
2c. Retirement Recognition Resolution for Assistant Fire Chief Mark Windschitl
2d. 2013 Financial Statements – Auditors Presentation
3. Approval of Minutes
3a. Study Session Minutes May 12, 2014
3b. City Council Meeting Minutes 19, 2014
Meeting of June 2, 2014
City Council Agenda
Auxiliary aids for individuals with disabilities are available upon request. To make arrangements, please call
the Administration Department at 952/924-2525 (TDD 952/924-2518) at least 96 hours in advance of meeting.
4. Approval of Agenda and Items on Consent Calendar
NOTE: The Consent Calendar lists those items of business which are considered to be routine and/or which
need no discussion. Consent items are acted upon by one motion. If discussion is desired by either a
Councilmember or a member of the audience, that item may be moved to an appropriate section of the regular
agenda for discussion. The items for the Consent Calendar are listed on the last page of the Agenda.
Recommended Action: Motion to approve the Agenda as presented and items listed on the Consent Calendar; and to waive
reading of all resolutions and ordinances. (Alternatively: Motion to add or remove items from the agenda,
or move items from Consent Calendar to regular agenda for discussion.)
5. Boards and Commissions
5a. Appointment of Representative to the Human Rights Commission
Recommended Action: Motion to appoint citizen representative Will Poulter as Youth
Commissioner to the Human Rights Commission for a term which expires August 31,
2015.
6. Public Hearings -- None
7. Requests, Petitions, and Communications from the Public -- None
8. Resolutions, Ordinances, Motions and Discussion Items
8a. Conditional Use Permit – D & D Autoworks
Recommended Action: Motion to Adopt Resolution rescinding Resolution No. 7042
and approving the Conditional Use Permit (CUP) for D & D Autoworks to operate a
motor vehicle service and repair facility at 6407 Lake Street, with conditions as
recommended by staff.
8b. Preliminary/Final Plat of Frauenshuh Addition
Recommended Action: Motion to Adopt Resolution approving the Preliminary and
Final Plat of Frauenshuh Addition, with conditions as recommended by Planning
Commission and staff.
9. Communications -- None
Meeting of June 2, 2014
City Council Agenda
CONSENT CALENDAR
4a. Adopt Resolution to recognize Assistant Fire Chief Mark Windschitl for his 27 years
of service to the City of St. Louis Park.
4b. Approve a Temporary On-Sale Intoxicating Liquor License for Parktacular Inc. for
their Annual Parktacular Celebration Block Party to be held June 13, 2014, at the
Town Green located at Excelsior and Grand, 3815 Grand Way in St Louis Park.
4c. Adopt Resolution approving acceptance of a monetary donation from Loop Minnesota
and Hearing Loss Association of America in the amount of $1,000 each for the
installation of a Hearing Induction Loop in the Council Chambers.
4d. Accept for filing City Disbursement Claims for the period of April 26 through May 23,
2014.
St. Louis Park Economic Development Authority and regular City Council meetings are carried live on Civic TV cable channel
17 and replays are frequent; check www.parktv.org for the schedule. The meetings are also streamed live on the internet at
www.parktv.org, and saved for Video on Demand replays. The agenda is posted on Fridays on the official city bulletin board in
the lobby of City Hall and on the text display on Civic TV cable channel 17. The agenda and full packet are available by noon
on Friday on the city’s website.
Meeting: Special Study Session
Meeting Date: June 2, 2014
Discussion Item: 1
EXECUTIVE SUMMARY
TITLE: 2013 Financial Statements – Auditors Discussion and Review
RECOMMENDED ACTION: No action required. City Council is asked to provide any
comments or questions it might have regarding the Comprehensive Annual Financial Report
(CAFR), Communication with Those Charged with Governance, and Report on Compliance and
Internal Controls for the year ended December 31, 2013.
POLICY CONSIDERATION:
• Is the City Council comfortable with the information contained in the Comprehensive
Annual Financial Report (CAFR), Communication with Those Charged with
Governance, Report on Compliance and Internal Controls for the year ended December
31, 2013 to allow for effective decision making?
• Would the City Council desire to have any follow-up discussion on the Audit?
SUMMARY: The City of St. Louis Park is required to have an independent audit performed
annually. The auditors work for the City Council, not the City management team. For the
presentation, David J. Mol – Partner from HLB Tautges Redpath, Ltd. will discuss the
information and key financial points with the City Council.
The City received a clean audit opinion, or “unmodified opinion”, which means that HLB
Tautges Redpath, Ltd. believe the financial statements, as presented by city staff, fairly
represents the City’s financial condition as of December 31, 2013.
Staff has submitted the CAFR to the Office of the State Auditor as required and also submitted it
to the Government Finance Officers Association (GFOA) to be considered for the Achievement
for Excellence in Financial Reporting certificate program for which the City of St. Louis Park
has been recognized for 30 consecutive years.
FINANCIAL OR BUDGET CONSIDERATION: This report shows the City of St. Louis Park
remains in strong financial condition.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: 1) 2013 – Comprehensive Annual Financial Report
2) 2013 – Communication for Charged with Governance
3) 2013 – Reports on Compliance and Internal Controls
Prepared by: Brian A. Swanson, Controller
Reviewed by: Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
Comprehensive
Annual Financial Report
For the Year Ended December 31, 2013
CCiittyy ooff SStt LLoouuiiss PPaarrkk,, MMiinnnneessoottaa
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 2
CITY OF ST. LOUIS PARK, MINNESOTA
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED
DECEMBER 31, 2013
Thomas Harmening – City Manager
Prepared by: Accounting Division
Member of the Government Finance Officers’ Association
Of the United States and Canada
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 3
- This page intentionally left blank -
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 4
CITY OF ST. LOUIS PARK, MINNESOTA
TABLE OF CONTENTS
Page
Reference No.
I. INTRODUCTORY SECTION
Letter of Transmittal 3
Certificate of Achievement 9
Services Chart 11
Officials of the City of St. Louis Park 12
II. FINANCIAL SECTION
Independent Auditor's Report 15
Management's Discussion and Analysis 19
Basic Financial Statements:
Government-Wide Financial Statements:
Statement of Net Position Statement 1 35
Statement of Activities Statement 2 36
Fund Financial Statements:
Balance Sheet - Governmental Funds Statement 3 38
Statement of Revenues, Expenditures and Changes in Fund Balance -
Governmental Funds Statement 4 40
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities Statement 5 43
Statement of Net Position - Proprietary Funds Statement 6 44
Statement of Revenues, Expenses and Changes in Fund Net Position -
Proprietary Funds Statement 7 46
Statement of Cash Flows - Proprietary Funds Statement 8 48
Notes to Financial Statements 53
Required Supplementary Information:
Budgetary Comparison Schedule - General Fund Statement 9 94
Budgetary Comparison Schedule - Park and Recreation Fund Statement 10 98
Schedule of Funding Progress - Post Employment Benefit Plan Statement 11 99
Note to RSI 100
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 5
CITY OF ST. LOUIS PARK, MINNESOTA
TABLE OF CONTENTS
Page
Reference No.
Combining and Individual Fund Statements and Schedules:
Combining Balance Sheet - Nonmajor Governmental Funds Statement 12 106
Combining Statement of Revenues, Expenditures and Changes in Fund Balance -
Nonmajor Governmental Funds Statement 13 107
Special Revenue Funds:
Combining Balance Sheet - Nonmajor Special Revenue Funds Statement 14 110
Combining Statement of Revenues, Expenditures and Changes in Fund Balance -
Nonmajor Special Revenue Funds Statement 15 111
Capital Projects Funds:
Combining Balance Sheet - Nonmajor Capital Projects Funds Statement 16 114
Combining Statement of Revenues, Expenditures and Changes in Fund Balance -
Nonmajor Capital Projects Funds Statement 17 115
Debt Service Funds:
Combining Balance Sheet - Major Debt Service Funds Statement 18 118
Combining Statement of Revenues, Expenditures and Changes in Fund Balance -
Major Debt Service Funds Statement 19 121
Redevelopment District Funds:
Combining Balance Sheet - Major Redevelopment District Funds Statement 20 127
Combining Statement of Revenues, Expenditures and Changes in Fund Balance -
Major Redevelopment District Funds Statement 21 131
Internal Service Funds:
Combining Statement of Net Position Statement 22 136
Combining Statement of Revenues, Expenditures and Changes in Fund Net Position Statement 23 138
Combining Statement of Cash Flows Statement 24 140
General Fund:
Balance Sheet Statement 25 145
Summary Financial Report:
Schedule of Revenues and Expenditures for General Operations -
Governmental Funds Statement 26 146
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 6
CITY OF ST. LOUIS PARK, MINNESOTA
TABLE OF CONTENTS
Page
Reference No.
III. STATISTICAL SECTION (UNAUDITED)
Financial Trends:
Net Position by Component Table 1 148
Changes in Net Position Table 2 150
Governmental Activities Tax Revenues by Source Table 3 155
Fund Balances of Governmental Funds Table 4 156
Changes in Fund Balances - Governmental Funds Table 5 158
Revenue Capacity:
Assessed Value/Tax Capacity Value and Estimated Market Values
of all Taxable Property Table 6 160
Property Tax Rates - Direct and Overlapping Governments Table 7 162
Principal Property Taxpayers Table 8 163
Property Tax Levies and Collections Table 9 164
Debt Capacity:
Ratios of Outstanding Debt By Type Table 10 165
Ratios of General Bonded Debt Outstanding Table 11 166
Direct and Overlapping Governmental Activities Debt Table 12 167
Legal Debt Margin Information Table 13 168
Pledged Revenue Bond Coverage Table 14 170
Demographic and Economic Information:
Demographic Statistics Table 15 171
Principal Employers Table 16 172
Operating Information:
Full-Time Equivalent Employees by Function Table 17 173
Operating Indicators by Function Table 18 174
Capital Asset Statistics by Function Table 19 175
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 7
- This page intentionally left blank -
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 8
I. INTRODUCTORY SECTION
1
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 9
- This page intentionally left blank -
2
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 10
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 11
Management’s Discussion and Analysis (MD&A) immediately follows the independent
auditor’s report and provides a narrative introduction, overview, and analysis of the basic
financial statements. This letter of transmittal is designed to complement the MD&A and
should be read in conjunction with it.
Profile of the Government
The City of St. Louis Park, established in 1886, is a first ring suburb located immediately
west of Minneapolis. Thanks to its convenient location, St. Louis Park combines all the
cultural amenities of a large metropolitan area with small town friendliness. The City of
St. Louis Park currently occupies a land area of 10.8 square miles and serves a population
of 45,505. The City of St. Louis Park is empowered to levy a property tax on both real
and personal properties located within its boundaries. While it also is empowered by
state statutes to extend its corporate limits by annexation, St. Louis Park is a completely
developed community and is bordered on all sides by other incorporated communities.
St. Louis Park operates under the council/manager form of government. Policy-making
and legislative authority are vested in a City Council consisting of a mayor, two at-large
council members, and four ward council members. The City Council is responsible,
among other things, for passing ordinances, adopting the budget, appointing committees,
and hiring the City Manager. The City Manager is responsible for carrying out the
policies and ordinances of the council, for overseeing the day-to-day operations of the
City government, and for appointing the heads of the various departments. The council is
elected on a non-partisan basis. Council members serve four-year staggered terms.
The City of St. Louis Park provides a full range of services, including police and fire
protection; redevelopment, the construction and maintenance of highways, streets, and
other infrastructure; water, sewer, storm water, and refuse services as well as recreational
activities and cultural events.
The annual budget serves as the foundation for the City of St. Louis Park’s financial
planning and control. All departments and agencies of the City of St. Louis Park submit
requests for appropriation to the City Manager in August of each year. The City Manager
uses these requests as the starting point for developing a proposed budget. The City
Manager then presents this proposed budget to the council for review prior to adoption of
a preliminary tax levy by September 15. The council is required to hold public hearings
on the proposed budget and to adopt a final budget no later than December 28.
The appropriated budget is prepared by fund, (e.g. General), function (e.g., public safety),
and department (e.g., police). Department directors may make transfers of appropriation
within a department, but not between personnel and non-personnel categories. Transfers
of appropriations between funds, however, require the approval of the City Council.
Budget to actual comparisons are provided in this report for the general fund for which an
appropriated annual budget has been adopted. These comparisons are presented starting
on page 94 as part of the basic financial statements for the governmental funds.
4
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 12
Factors Affecting Financial Condition
The information presented in the financial statements is perhaps best understood when it
is considered from the broader perspective of the specific environment within which the
City of St. Louis Park operates.
Local economy
The City of St. Louis Park currently enjoys a durable economic environment and local
indicators point to continued stability versus other communities in the Twin City Metro
Area. The City of St. Louis Park has a well-diversified tax base, with a sizeable full
valuation that includes retail, manufacturing, and health care components, as well as
diverse housing stock. Redevelopment efforts and relatively stable values on existing
properties have resulted in nominal value changes of less than 10% over the past five
years. This equates to superior performance versus the majority of communities in the
metro area.
The City, due to its location and strong commitment to housing maintenance, has
experienced smaller declines in housing prices and lower rates of foreclosure than many
other communities in the Twin Cities metropolitan area. The City of St. Louis Park
continues to have lower unemployment than the state and national averages.
Redevelopment
The City of St. Louis Park is committed to evaluating, preserving, and improving the
housing stock available within the community. It is important that a wide variety of
housing alternatives be available within the community. Redevelopment projects over
the past ten years have provided a mix of apartment, co-op, condominium, town-home,
and single family units. Many of these housing developments contain a commercial
component including both retail and services to support the new housing and create more
livable neighborhoods. The City has used its tax increment financing authority in many
of these projects in order to meet specific community and economic development
objectives.
Some of the larger projects include:
The West End – Consists of 40 acres strategically located at the southwest corner of I-
394 & Highway 100. The first phase of the $400 million project includes a 350,000
square foot lifestyle retail center and approximately 30,000 square feet of office space.
The Shops at West End includes fashion boutiques, a wide variety of restaurants, a 14
screen movie theater, and a grocery store. Individual tenants continue to build out their
individual storefronts and finish the store interiors. Currently the retail portion is 79%
leased. The office space is 100% leased.
5
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 13
Recently opened is a 119-unit upscale apartment building called The Flats at West End.
Another stylish apartment building will soon be coming to The West End called
Millennium at West End Apartments. The new 158 unit, market rate apartment building
will be six stories with two levels of underground structured parking. Amenities include
an outdoor park with landscaping, sidewalks, seating areas, dog walk area and raised
vegetable garden beds. Additional amenities include terraces with a water feature, gas
grill, fire pit, and seating. Construction is expected to begin spring 2014 and be
completed by summer 2015.
Finally, an additional 16 acres is available for 1.1 million square feet of Class A office
space distributed between several buildings.
Hoigaard Village – This 10-acre project abutting Highway 100 involved the acquisition
and removal of several blighted buildings, installation of new public infrastructure, a
central green, public art, as well as construction of 420 multi-family housing units and
25,000 square feet of retail space in three separate elements. This project was completed
in the summer of 2013.
e2 - (Ellipse on Excelsior II) –Given the success of the Ellipse on Excelsior, the
redeveloper decided to embark on a second phase next door. e2 features 58 stylish
apartment units, numerous amenities along with structured underground parking. The
two upscale developments will share a driveway access and 22 parking stalls for the
Ellipse on Excelsior commercial uses. e2 opened in August 2013.
Knollwood Mall – This is a major renovation of the existing Knollwood Mall. The
renovation includes removing the interior mall and replacing it with approximately five
junior box retailers which would be accessed from the outside. A three-tenant building is
also proposed to be built in a former parking lot. In addition, a portion of the parking lot
will be redesigned to improve traffic and pedestrian flow along with storm water,
lighting, and landscaping improvements. Construction will begin in the spring of 2014
and is expected be completed later that fall.
Wooddale Flats - This development proposal was approved for a former church site. It
features six townhome-style buildings with 34 units and surface parking. Five of the
buildings are proposed to be 3 stories and one building 2 stories. It is anticipated that
construction of the buildings will be staged beginning spring 2014 and phase I is
anticipated to be complete late 2014.
Eliot Park – This new market-rate apartment complex has been approved consisting of
two new apartment buildings with a total of 138 units, plus two new single family lots
will be constructed. The development provides underground parking for residents and 20
stalls of surface parking for guests along a private driveway between the two buildings.
Construction will begin early 2014.
6
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 14
Luther Fiat – This new dealership is moving into a former dealership building along the
east side of Highway 100 and just south of I-394. The project includes removal of the
southern portion of the building and renovation of the remaining 21,000 square feet as
well as parking lot improvements and new landscaping. Construction began summer
2013 and the dealership will open in early 2014.
Redevelopment interest continues to remain strong in St. Louis Park and other proposals
and inquiries are being considered for multi-family and mixed use projects.
The City also sponsors a comprehensive rehabilitation loan program available to single
family and multi-family homeowners. The first programs were started in the mid 1970’s
and have evolved into a comprehensive set of programs to ensure the preservation and
enhancement of the City’s housing stock.
Finally, the City has a Convention and Visitors Bureau, which markets the desirability of
St. Louis Park for both business and recreational opportunities. This continues to be a
very strong partner with the City of St. Louis Park which has brought increased business
and activities to the City.
Long-term Financial Planning
The City maintains a 10 year Long Range Financial Management Plan that incorporates
anticipated revenues, expenditures, capital outlay, and tax impacts for all relevant funds.
The plan anticipates opportunities or challenges, allows for changes to then be made,
with the goal of achieving long-term sustainability. The plan is used in conjunction with
the annual budget process and Capital Improvement Plan, which then allows the City
Council to evaluate various budget decisions prior to adoption. This plan has proven its
value by playing a significant role in maintaining the City’s AAA bond rating from
Standard & Poor’s, which assists in keeping the costs of borrowing for the City of St.
Louis Park at an extremely low rate.
Awards
The Government Finance Officers Association of the United States and Canada (GFOA)
awarded a certificate of Achievement for Excellence in Financial Reporting to the City of
St. Louis Park for its comprehensive annual financial report for the fiscal year ended
December 31, 2012. This is the thirtieth consecutive year that the government received
this prestigious award. In order to be awarded a certificate of Achievement, a
government must publish an easily readable and efficiently organized comprehensive
annual financial report. The report must satisfy both generally accepted accounting
principles and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. We believe that our
current comprehensive annual financial report continues to meet the Certificate of
Achievement Program’s requirements. Once again, we are submitting the
Comprehensive Annual Financial Report to GFOA to determine its eligibility for another
certificate.
7
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 15
Acknowledgements
The preparation of this report would not have been possible without the efficient and
dedicated services of the entire staff of the Accounting Department and other key City of
St. Louis Park personnel. We would like to express our appreciation to all members of
the organization who assisted and contributed to the preparation of the report. Credit also
must be given to the Mayor and the City Council for their unfailing support for
maintaining the highest standards of professionalism in the management of the City of St.
Louis Park’s finances.
Respectfully submitted,
Thomas Harmening Brian A. Swanson
City Manager Controller
8
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 16
9
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 17
- This page intentionally left blank -
10
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 18
SERVICES CHART
Citizens
City Council
City Manager
Boards & Commissions
Board of Zoning Appeals
Human Rights
Planning
Police Advisory
Fire Civil Service
Parks & Recreation
Telecommunications Advisory
Environment & Sustainability
ADMINISTRATIVE
SERVICES
Records
General Admin
Human Resources
Payroll
Org Development
Elections
City Clerk
Accounting
Assessing
COMMUNITY
DEVELOPMENT
Planning/Zoning
Economic
Development
Housing
INFORMATION
RESOURCES
Cable Television
Technology
Services
Support Services
WEB
Communications
& Marketing
INSPECTIONS
Code Enforcement
Building
Housing
Environmental
Health
Facility
Maintenance
Service Districts
Licensing
OPERATIONS &
RECREATION
Rec Ctr & Programs
Nature Center
Environmental
Parks
Fleet
Utility Operations
Streets/Traffic
Refuse/Recycling
Public Art
POLICE
Patrol
Support Services
Crime Prevention
911 Dispatch
Animal Control
Community
Outreach &
Neighborhoods
ENGINEERING
Engineering
Projects
Water Resources
FIRE
Fire Prevention
Fire Suppression
EMS/Rescue
Emergency
Preparedness
Auditors
Legal
Charter Commission
Economic Development
Authority
Housing Authority
11
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 19
OFFICIALS OF THE CITY OF ST. LOUIS PARK
Council
Jeff Jacobs
Mayor
EDA Commissioner
Term Expires 1/2016
Steve Hallfin
At-Large A Councilmember
EDA Commissioner
Term Expires 1/2016
Jake Spano
At-Large B Councilmember
EDA Commissioner
Term Expires 1/2016
Susan Sanger
Ward 1 Councilmember
EDA Commissioner
Term Expires 1/2014
Mayor Pro-tem
Anne Mavity
Ward 2 Councilmember
EDA Vice President
Term Expires 1/2014
Sue Santa
Ward 3 Councilmember
EDA President
Term Expires 1/2014
Julia Ross
Ward 4 Councilmember
EDA Treasurer
Term Expires 1/2014
Executive Staff
Thomas Harmening, City Manager
Nancy Deno, Deputy City Manager/HR Director
Clint Pires, Chief Information Officer
Kevin Locke, Community Development Director
Brian Swanson, Controller
Steve Koering, Fire Chief
Brian Hoffman, Inspections Director
Cindy Walsh, Operations and Recreation Director
John Luse, Police Chief
Debra Heiser, Engineering Director
12
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 20
II. FINANCIAL SECTION
13
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 21
- This page intentionally left blank -
14
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 22
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
INDEPENDENT AUDITOR'S REPORT
To the Honorable Mayor and
Members of the City Council
City of St. Louis Park, Minnesota
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the business-
type activities, each major fund, and the aggregate remaining fund information of the City of St. Louis
Park, Minnesota, as of and for the year ended December 31, 2013, and the related notes to the
financial statements, which collectively comprise City of St. Louis Park, Minnesota’s basic financial
statements as listed in the table of contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this
includes the design, implementation, and maintenance of internal control relevant to the preparation
and fair presentation of financial statements that are free from material misstatement, whether due to
fraud or error.
Auditor’s Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We
conducted our audit in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the financial statements. The procedures selected depend on the auditor’s
judgment, including the assessment of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making those risk assessments, the auditor
considers internal control relevant to the entity’s preparation and fair presentation of the financial
statements in order to design audit procedures that are appropriate in the circumstances, but not
for the purpose of expressing an opinion on the effectiveness of the entity’s internal control.
Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness
of accounting policies used and the reasonableness of significant accounting estimates made by
management, as well as evaluating the overall presentation of the financial statements.
15
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 23
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a
basis for our audit opinions.
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business-type activities, each major
fund, and the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of
December 31, 2013, and the respective changes in financial position, and, where applicable, cash
flows thereof for the year then ended in accordance with accounting principles generally accepted
in the United States of America.
Emphasis of Matter – Implementation of GASB 65
As described in Note 14 to the financial statements, in 2013, the City adopted new
accounting guidance, GASB Statement No. 65, Items Previously Reported as Assets and
Liabilities. Our opinion is not modified with respect to this matter.
Report on Summarized Comparative Information
We have previously audited City of St. Louis Park, Minnesota’s 2012 financial statements, and we
expressed an unmodified audit opinion on the respective financial statements of the governmental
activities and each major fund in our report dated May 9, 2013. In our opinion, the summarized
comparative information presented herein as of and for the year ended December 31, 2012 is
consistent, in all material respects, with the audited financial statements from which it has been
derived.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the
management’s discussion and analysis, the budgetary comparison information and the OPEB
Schedule of Funding Progress, as listed in the table of contents, be presented to supplement the
basic financial statements. Such information, although not a part of the basic financial statements,
is required by the Governmental Accounting Standards Board, who considers it to be an essential
part of financial reporting for placing the basic financial statements in an appropriate operational,
economic, or historical context. We have applied certain limited procedures to the required
supplementary information in accordance with auditing standards generally accepted in the United
States of America, which consisted of inquiries of management about the methods of preparing the
information and comparing the information for consistency with management’s responses to our
inquiries, the basic financial statements, and other knowledge we obtained during our audit of the
basic financial statements. We do not express an opinion or provide any assurance on the
information because the limited procedures do not provide us with sufficient evidence to express
an opinion or provide any assurance.
16
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 24
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that
collectively comprise the City of St. Louis Park, Minnesota’s basic financial statements. The
introductory section, combining and individual fund financial statements and schedules,
supplementary financial information, and statistical section, are presented for purposes of
additional analysis and are not a required part of the basic financial statements.
The combining and individual fund financial statements are the responsibility of management and
were derived from and relate directly to the underlying accounting and other records used to
prepare the basic financial statements. Such information has been subjected to the auditing
procedures applied in the audit of the basic financial statements and certain additional procedures,
including comparing and reconciling such information directly to the underlying accounting and
other records used to prepare the basic financial statements or to the basic financial statements
themselves, and other additional procedures in accordance with auditing standards generally
accepted in the United States of America. In our opinion, the combining and individual nonmajor
fund financial statements and schedules and supplementary financial information, are fairly stated
in all material respects in relation to the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied
in the audit of the basic financial statements and, accordingly, we do not express an opinion or
provide any assurance on them.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated May 22,
2014, on our consideration of the City of St. Louis Park, Minnesota’s internal control over
financial reporting and on our tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements and other matters. The purpose of that report is to describe the
scope of our testing of internal control over financial reporting and compliance and the results of
that testing, and not to provide an opinion on internal control over financial reporting or on
compliance. That report is an integral part of an audit performed in accordance with Government
Auditing Standards in considering the City of St. Louis Park, Minnesota’s internal control over
financial reporting and compliance.
HLB TAUTGES REDPATH, LTD.
May 22, 2014
17
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 25
- This page intentionally left blank -
18
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 26
City of St. Louis Park
Management’s Discussion and Analysis
As management of the City of St. Louis Park, we offer readers of the City of St. Louis Park’s financial
statements this narrative overview and analysis of the financial activities of the City of St. Louis Park for
the fiscal year ended December 31, 2013. We encourage readers to consider the information presented
here in conjunction with additional information that we have furnished in our letter of transmittal, which
starts on page 3 of this report.
Financial Highlights
The assets of the City of St. Louis Park exceeded its liabilities at the close of the most recent fiscal
year by $186,397,670 (net position). Of this amount, $57,228,903 (unrestricted net position) may be
used to meet the government’s ongoing obligations to citizens and creditors.
The government’s total net position decreased by $6,472,280.
As of the close of the current fiscal year, the City of St. Louis Park’s governmental funds reported
combined ending fund balances of $57,819,430. Approximately 76 percent of this amount,
$43,673,862 is available for use within the City’s constraints and policies.
At the end of the current fiscal year, unassigned fund balance for the General fund was $14,342,422
(47 percent) of the total subsequent year budgeted General fund expenditures.
The City of St. Louis Park’s total bonded debt decreased by $90,000 (0.2 percent) during the current
fiscal year. Principal paid during the year was $4,260,000.
Overview of the Financial Statements
The discussion and analysis are intended to serve as an introduction to the City of St. Louis Park’s basic
financial statements. The City of St. Louis Park’s basic financial statements are comprised of three
components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the
financial statements. This report also contains other supplementary information in addition to the basic
financial statements.
19
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 27
City of St. Louis Park
Management’s Discussion and Analysis
Figure A-1 shows how the various parts of this annual report are arranged and related to one another.
Figure A-1
Annual Report Format
Government-wide financial statements – The government-wide financial statements are designed to
provide readers with a broad overview of the City of St. Louis Park’s finances in a manner similar to a
private-sector business.
The statement of net position presents information on all of the City of St. Louis Park’s assets and
liabilities, with the difference between the two reported as net position. Over time, increases or decreases
in net position may serve as a useful indicator of whether the financial position of the City of St. Louis
Park is improving or deteriorating.
The statement of activities presents information showing how the government’s net position changed
during the most recent fiscal year. All changes in net position are reported as soon as the underlying event
giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and
expenses are reported in the statement for some items that will only result in cash flows in future fiscal
periods (e.g., uncollected taxes and earned but unused vacation leave).
Both of the government-wide financial statements distinguish functions of the City of St. Louis Park that
are principally supported by taxes and intergovernmental revenues (governmental activities) from other
functions that are intended to recover all or a significant portion of their costs through user fees and
charges (business-type activities). The governmental activities of the City of St. Louis Park include general
government, public safety, public information, operations and recreation, engineering, housing and
rehabilitation, housing maintenance, social and economic development, general services, and interest on
long-term debt. The business-type activities of the City of St. Louis Park include sanitary sewer, solid
waste, storm water, and water operations.
20
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 28
City of St. Louis Park
Management’s Discussion and Analysis
The government-wide financial statements start on page 35 of this report.
Fund financial statements – A fund is a grouping of related accounts that is used to maintain control over
resources that have been segregated for specific activities or objectives. The City of St. Louis Park, like
other state and local governments, uses fund accounting to ensure and demonstrate compliance with
finance-related legal requirements. All of the funds of the City of St. Louis Park can be divided into two
categories: governmental funds and proprietary funds.
Governmental funds – Governmental funds are used to account for essentially the same functions reported
as governmental activities in the government-wide financial statements. However, unlike the government-
wide financial statements, governmental fund financial statements focus on near-term inflows and
outflows of spendable resources, as well as on balances of spendable resources available at the end of the
fiscal year. Such information may be useful in evaluating a government’s near-term financing
requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial
statements, it is useful to compare the information presented for governmental funds with similar
information presented for governmental activities in the government-wide financial statements. By doing
so, readers may better understand the long-term impact of the government’s near-term financing decisions.
Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures,
and changes in fund balances provide a reconciliation to facilitate this comparison between governmental
funds and governmental activities.
The City of St. Louis Park maintains ten individual major governmental funds. Information is presented
separately in the governmental fund balance sheet and the governmental fund statement of revenues,
expenditures, and changes in fund balances for the General fund, two special revenue funds, debt service,
and five capital project funds, all of which are considered to be major funds. Data from the other six
governmental funds are combined into a single, aggregated presentation. Individual fund data for each of
these non-major governmental funds is provided in the form of combining statements elsewhere in this
report.
The City of St. Louis Park adopts annual appropriated budgets for the General Fund. Budgetary
comparison statements are provided for the General Fund to demonstrate compliance with this budget.
The basic governmental fund financial statements start on page 38 of this report.
Proprietary funds – The City of St. Louis Park maintains two different types of proprietary funds.
Enterprise funds are used to report the same functions presented as business-type activities in the
government-wide financial statements. The City of St. Louis Park uses enterprise funds to account for its
sanitary sewer, solid waste, storm water, and water operations. Proprietary funds provide the same type of
information as the government-wide financial statements, only in more detail. The proprietary fund
financial statements provide separate information for the sanitary sewer, solid waste, storm water, and
water operations, all of which are considered to be major funds of the City of St. Louis Park.
21
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 29
City of St. Louis Park
Management’s Discussion and Analysis
Internal service funds – These funds are an accounting device used to accumulate and allocate costs
internally among the City of St. Louis Park’s various functions. The City of St. Louis Park uses internal
service funds to account for maintaining its fleet of vehicles, management information systems,
replacement of City equipment, employee benefits, compensated absences, and uninsured losses. Because
all of these services predominately benefit governmental rather than business-type functions, they have
been included within governmental activities in the governmental-wide financial statements. All internal
service funds are combined into a single, aggregated presentation in the proprietary fund financial
statements. Individual fund data for the internal service funds is provided in the form of combining
statements elsewhere in this report.
The basic proprietary fund financial statements starts on page 44 of this report.
Notes to the financial statements – The notes provide additional information that is essential to a full
understanding of the data provided in the government-wide and fund financial statements. The notes to the
financial statements start on page 53 of this report.
Other information – The combining statements referred to earlier, in connection with non-major
governmental funds and internal service funds, are presented immediately following the required
supplementary information. Combining and individual fund statements and schedules start on page 103 of
this report.
Other reports – Additional information related to the General Fund starts on page 145 of this report.
Government-wide Financial Analysis
As noted earlier, net position may serve over time as a useful indicator of a government’s financial
position. In the case of the City of St. Louis Park, assets exceeded liabilities by $186,397,670 at the close
of the most recent fiscal year.
A portion of the City of St. Louis Park’s net position (62 percent) reflects its investment in capital assets
(e.g., land, buildings, machinery, and equipment); less any related debt used to acquire those assets that is
still outstanding. The City of St. Louis Park uses these capital assets to provide services to citizens;
consequently, these assets are not available for future spending. Although the City of St. Louis Park’s
investment in its capital assets is reported net of related debt, it should be noted that the resources needed
to repay this debt must be provided from other sources, since the capital assets themselves cannot be used
to liquidate these liabilities.
22
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 30
City of St. Louis Park
Management’s Discussion and Analysis
City of St. Louis Park’s Net Position
Increase Increase
2013 2012 (Decrease)2013 2012 (Decrease)
Assets
Current and other assets $76,067,314 $82,614,303 ($6,546,989) $13,068,134 $10,680,979 $2,387,155
Capital assets 116,537,109 116,586,491 (49,382) 31,947,331 32,528,985 (581,654)
Total assets 192,604,423 199,200,794 (6,596,371) 45,015,465 43,209,964 1,805,501
Liabilities
Other liabilities 11,017,246 9,931,732 1,085,514 2,387,378 1,933,284 454,094
Noncurrent liabilities 25,857,119 28,893,990 (3,036,871)11,960,475 8,781,802 3,178,673
Total liabilities 36,874,365 38,825,722 (1,951,357) 14,347,853 10,715,086 3,632,767
Net position
Net investment in
capital assets 96,480,493 95,020,702 1,459,791 19,127,309 22,906,086 (3,778,777)
Restricted 13,560,965 18,941,172 (5,380,207) - - -
Unrestricted 45,688,600 46,413,198 (724,598) 11,540,303 9,588,792 1,951,511
Total net position $155,730,058 $160,375,072 ($4,645,014) $30,667,612 $32,494,878 ($1,827,266)
Governmental Activities Business-type Activities
The balance of unrestricted net position ($57,228,903) may be used to meet the government’s ongoing
obligations to citizens and creditors.
Governmental activities – Governmental activities decreased the City of St. Louis Park’s net position by
($4,645,014). This decrease relates primarily to a planned spend down or resources for projects within the
City.
Business-Type activities – Business-type activities decreased the City of St. Louis Parks’ net position by
($1,827,266). This decrease is primarily due to a planned spend down of resources for projects within the
City.
23
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 31
City of St. Louis Park
Management’s Discussion and Analysis
The following table indicates the changes in net position for the City’s governmental and business-type
activities:
City of St. Louis Park’s Changes in Net Position
Increase Increase
2013 2012 (Decrease) 2013 2012 (Decrease)
Revenues
Program revenues
Charges for services $6,429,434 $7,133,133 ($703,699) $15,826,482 $15,905,970 ($79,488)
Operating grants
and contributions 2,709,644 2,360,465 349,179 135,642 105,976 29,666
Capital grants and
contributions 11,881,109 6,290,076 5,591,033 - - -
General revenues
Property taxes and TIF 33,610,905 31,072,178 2,538,727 - - -
Franchise fees 2,211,569 1,954,557 257,012 - - -
State grants and contributions
not restricted to
specific programs 45,266 46,422 (1,156) - - -
Unrestricted investment earnings 138,899 663,978 (525,079) (3,348) 113,260 (116,608)
Gain on disposal
of capital assets 69,237 60,416 8,821 - - -
Miscellaneous 2,199,629 2,183,685 15,944 - - -
Total revenues 59,295,692 51,764,910 7,530,782 15,958,776 16,125,206 (166,430)
Expenses
General government 10,085,905 7,387,354 2,698,551 - - -
Public safety 13,365,297 13,264,220 101,077 - - -
Public information 466,043 524,012 (57,969) - - -
Operations and recreation 13,487,238 15,209,548 (1,722,310) - - -
Engineering 16,046,665 5,253,969 10,792,696 - - -
Housing and rehabilitation 1,774,657 3,914,261 (2,139,604) - - -
Housing maintenance 141,250 116,949 24,301 - - -
Social and economic development 9,040,280 7,810,635 1,229,645 - - -
General services - - - - - -
Interest on long-term debt 1,295,298 1,245,294 50,004 - - -
Water utility - - - 5,747,116 3,890,860 1,856,256
Sewer utility - - - 5,272,646 4,593,166 679,480
Solid waste utility - - - 3,614,118 2,562,985 1,051,133
Storm water utility - - - 1,390,235 1,485,390 (95,155)
Total expenses 65,702,633 54,726,242 10,976,391 16,024,115 12,532,401 3,491,714
Increase (decrease) in net
position before transfers (6,406,941) (2,961,332) (3,445,609) (65,339)3,592,805 (3,658,144)
Transfers 1,761,927 1,660,035 101,892 (1,761,927)(1,660,035)(101,892)
Change in net position (4,645,014)(1,301,297)(3,343,717)(1,827,266)1,932,770 (3,760,036)
Net position, January 1 160,375,072 161,460,566 (1,085,494) 32,494,878 30,871,352 1,623,526
Prior period adjustment - 215,803 (215,803) - (309,244) 309,244
Net position, January 1, as restated 160,375,072 161,676,369 (1,301,297) 32,494,878 30,562,108 1,932,770
Net position, December 31 $155,730,058 $160,375,072 ($4,645,014) $30,667,612 $32,494,878 ($1,827,266)
Governmental Activities Business-type Activities
24
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 32
City of St. Louis Park
Management’s Discussion and Analysis
Governmental Activities
Revenues - The following chart illustrates the City’s revenue by source for its governmental activities:
Revenues by Source - Governmental Activities
Expenses - The following chart illustrates the City’s expenses and program revenues for its governmental
activities:
Expenses and Program Revenues - Governmental Activities
25
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 33
City of St. Louis Park
Management’s Discussion and Analysis
Business-type activities - Business-type activities net position decreased in 2013. Below are the graphs
showing the business-type activities revenue and expense comparisons.
Revenue Sources - Business-type Activities
Expense and Program Revenues - Business-type Activities
26
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 34
City of St. Louis Park
Management’s Discussion and Analysis
Financial Analysis of the Government’s Funds
As noted earlier, the City of St. Louis Park uses fund accounting to ensure and demonstrate compliance
with finance-related legal requirements.
Governmental funds - The focus of the City of St. Louis Park’s governmental funds is to provide
information on near-term inflows, outflows, and balances of spendable resources. Such information is
useful in assessing the City of St. Louis Park’s financing requirements. In particular, unassigned fund
balance may serve as a useful measure of a government’s net resources available for spending at the end
of the fiscal year.
As of the end of the current fiscal year, the City of St. Louis Park’s governmental funds reported combined
ending fund balances of $57,819,430, a decrease of ($3,888,618) in comparison with the prior year.
Committed, assigned, and unassigned fund balance, which is available for spending at the government’s
discretion, has a balance of $31,405,864 at year end. The remainder of fund balance is nonspendable or
restricted to indicate that it is not available for new spending because it has already been obligated 1) to
pay debt service ($2,410,104), 2) to pay for capital improvements and future expenditures ($9,358,972), 3)
for loans outstanding ($11,692,501), 4) for inventory and prepaid ($256,261), 5 ) for land held for resale
(2,256,816) and 6) for E-911 funds ($498,922) and other restrictions.
General Fund – the General fund is the chief operating fund of the City of St. Louis Park. At the end of
the current fiscal year, unassigned fund balance of the General fund was $14,342,422 while total fund
balance reached $15,788,766. As a measure of the General fund’s liquidity, it may be useful to compare
both unassigned fund balance and total fund balance to total fund expenditures. Unassigned fund balance
represents 47 percent of the total subsequent year General fund expenditures, while total fund balance
represents 52 percent of that same amount.
The City’s General fund balance increased $3,811,850 during the current fiscal year. Some of this
increase pertains to closing out the former Park and Recreation Fund and transferring fund balance of
$1,081,497. Another portion of this increase pertains to higher than anticipated license and permit revenue
of $587,487. This is primarily related to increased license and permit revenues from more robust
construction within the City. Also contributing to the increase in fund balance is a redistribution of
property tax revenues from Hennepin County regarding closed Tax Increment Financing Districts in the
amount of $965,501. Finally, operating expenditures were approximately $421,668 under budget for fiscal
year 2013.
Housing Rehabilitation – the decrease of ($9,046) in fund balance is due to a transfer, personnel costs and
operational costs for administering eight different housing programs.
Debt Service Funds - Fund balance in the debt service funds increased $30,295 primarily due to the
retirement of debt.
Fire Stations Bonds Fund – the increase of $525,017 in fund balance is due a transfer in from the Police
and Fire Pension Fund to assist in financing the construction of the two fire stations.
Permanent Improvement Revolving Fund - The decrease in fund balance of ($686,818) is due to transfers
out to other funds for capital project funding.
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 35
City of St. Louis Park
Management’s Discussion and Analysis
Street Capital Projects Fund – Fund balance decreased by ($220,524). Budgeted expenditures for a major
street project was the main source of the decrease.
Development Fund - Fund balance decreased by ($750,018). This decrease is attributable primarily to the
purchase of a property and interfund loans.
Redevelopment District Funds – The Redevelopment District funds are comprised of all tax increment
districts in the City. The decrease in fund balance of ($4,162,233) is due to transfers out to other funds
during the year.
Proprietary funds - The City of St. Louis Park’s proprietary funds provide the same type of information
found in the government-wide financial statements, but in more detail. At the end of the year, unrestricted
net position of the Water Utility, Sewer Utility, Storm Water Utility and Solid Waste funds amounted to
$31,746,602. Total net position decreased by ($1,261,002). This decrease was primarily a result of a
decrease in revenues due to seasonality in charges for services fees.
Capital Asset and Debt Administration
Capital assets
The City of St. Louis Park’s investment in capital assets for its governmental and business type activities
as of December 31, 20133, was $148,484,440 (net of accumulated depreciation). This investment in
capital assets includes land, buildings and system improvements, machinery and equipment, park facilities,
roads, highways, and bridges. The total decrease in the City of St. Louis Park’s investment in capital assets
for the current fiscal year was 0.42 percent.
Major capital asset events during the current fiscal year included the following:
Improvements to roadways and street lighting including a major interchange project in progress.
Improvements to water system.
Improvements to sewer system.
Improvements to park infrastructure and aesthetic aspects of the parks.
For the year ending December 31, 2013, the City has elected to use the modified approach as defined in
GASB Statement No. 34 for infrastructure reporting for its Pavement Management Program, which
includes streets. Under GASB Statement No. 34, eligible infrastructure capital assets are not required to
be depreciated under the following requirements:
1) The City manages the eligible infrastructure capital assets using an asset management system
with characteristics of (a) an up to-date inventory; (b) perform condition assessments and
summarize the results using a measurement scale; and (c) estimate annual amount to maintain
and preserve at the established condition assessment level.
2) The City documents that the eligible infrastructure capital assets are being preserved
approximately at or above the established and disclosed condition assessment level.
28
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 36
City of St. Louis Park
Management’s Discussion and Analysis
The City’s policy is to achieve an average rating of good (70) for all streets. In the fall of 2012, the City
conducted a physical condition assessment of the streets. This assessment will be performed every two
years. As of December 31, 2012, the City’s street system was rated at an Overall Condition Index (OCI)
of 70, which matches the City’s policy level. The City’s streets are constantly deteriorating resulting from
the following factors: (1) traffic using the system; (2) the sun’s ultra-violet rays drying out and breaking
down the top layer of pavement; (3) utility company/private development trenching operations; (4) water
damage from natural precipitation; and (5) frost heave. The City is continuously taking actions to prolong
the life of the system through short-term maintenance activities such as pothole patching, crack sealing,
seal coating and overlaying. The City expended $1,874,596 on street maintenance for the year ending
December 31, 2013. The physical condition assessment completed in 2012 was the first assessment that
reported on the entire system. The City has estimated that the amount of annual expenditures required
maintaining the City’s street system at the average OCI rating of good is approximately $1,900,000. The
annual expenditures will vary from year to year, depending on the area of the City being targeted that year.
The estimate for the year ending December 31, 2013 was $1,758,697, which is only slightly lower than the
actual expenditures for the year.
City of St. Louis Park’s Capital Assets
(net of accumulated depreciation)
Increase Increase
2013 2012 (Decrease) 2013 2012 (Decrease)
Land $15,018,866 $14,984,544 $34,322 $174,844 $174,844 $ -
Permanent easments 2,293,776 1,429,976 863,800 - -
Buildings and structure 36,722,517 37,455,614 (733,097) 1,189,303 1,317,082 (127,779)
Improvements other
than buildings 11,154,090 11,256,050 (101,960) 4,709,298 4,998,578 (289,280)
Machinery and
equipment 4,036,774 3,646,417 390,357 3,314,702 3,652,407 (337,705)
Fleet 3,240,163 3,330,060 (89,897) - - -
Infrastructure - Streets 26,011,544 26,011,544 - - - -
Infrastructure - Other 17,068,105 18,042,657 (974,552) 22,557,306 22,282,534 274,772
Construction
in progress 991,274 429,629 561,645 1,878 103,540 (101,662)
Total $116,537,109 $116,586,491 ($49,382) $31,947,331 $32,528,985 ($581,654)
Governmental Activities Business-type Activities
Additional information on the City of St. Louis Park’s capital assets can be found in Note 5 on pages 70-
71 of this report.
Debt administration
At the end of the current fiscal year, the City of St. Louis Park had total bonded debt outstanding of
$37,840,000. Of this amount, $20,185,000 comprises debt issued for improvement and capital projects and
will be repaid by ad valorem tax levies. In addition, $4,870,000 is general obligation tax increment debt
which financed redevelopment projects and will be repaid from the tax increments resulting from
increased tax capacity of the redevelopment properties. The remaining $12,785,000 of the City of St.
Louis Park’s bonded debt represents general obligation revenue bonds to be repaid by the Water fund,
Sewer fund, and Storm Water Utility fund user charges. Furthermore, the City has long-term debt of
$3,703,498 for compensated absences and $1,944,907 for other post-employment benefits payable.
29
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 37
City of St. Louis Park
Management’s Discussion and Analysis
City of St. Louis Park’s Outstanding Debt
General Obligation Bonds, Revenue Bonds, and other Debt
Increase Increase
2013 2012 (Decrease) 2013 2012 (Decrease)
G.O. Revenue Bonds $ - $ - $ - $12,785,000 $9,600,000 $3,185,000
G.O. Tax Increment 4,870,000 6,600,000 (1,730,000) - - -
G.O. Improvement 20,185,000 21,730,000 (1,545,000) - - -
Compensated absences 3,556,949 3,583,709 (26,760) 146,549 174,232 (27,683)
Other postemployment benefits 1,833,419 1,513,086 320,333 111,488 91,633 19,855
Total $30,445,368 $33,426,795 ($2,981,427) $13,043,037 $9,865,865 $3,177,172
Governmental Activities Business-type Activities
Principal payments during 2013 totaled $4,260,000. The City of St. Louis Park maintains an
“AAA” rating from Standard & Poor’s for general obligation debt.
State statutes limit the amount of general obligation debt a governmental entity may issue to 3
percent of its total assessed valuation. The current debt limitation for the City of St. Louis Park is
$140,130,244 which is significantly more than the City of St. Louis Park’s outstanding general
obligation debt. Additional information on the City of St. Louis Park’s long-term debt can be
found in Note 6 on pages 72 - 76 of this report.
Economic Factors, Subsequent Year Budgets, Rates and Changes in Structure
User charges have been increased to account for various utility improvements scheduled for
2014 and beyond.
The overall tax levy for 2014 was increased 3.5 percent.
All of these factors were considered in preparing the City of St. Louis Park’s budget for the 2014
fiscal year.
30
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 38
City of St. Louis Park
Management’s Discussion and Analysis
Department Changes and Reorganization in 2013
Review was completed regarding service delivery in the area of operations and maintenance.
Operational areas reviewed included Parks & Recreation, Public Works and Facility
Maintenance. This review was completed with an emphasis on innovation, flexibility, and
adaptability. As a result of analysis, staff discussions, business needs and review of future work,
it was determined to reorganize the existing structure of Parks & Recreation and Public Works to
two new Departments: Operations and Recreation Department and Engineering Department. This
structure change would shift all maintenance operations under one director, (previously Director
of Parks and Recreation). This will allow the Engineering Department focus more on the large
infrastructure traffic and other engineering projects within the City. This change took effect in
April 2013, with changes made to all aspects financial reporting effective retroactively to January
1, 2013. Based on this change, the former Park and Recreation Fund has been merged with the
General Fund, which is based on business model, needs and fund definitions.
Requests for Information
This financial report is designed to provide our citizens, customers, and creditors with a general
overview of the City of St. Louis Park’s finances and to show the City’s accountability for the
resources it is entrusted. Questions concerning any of the information provided in the report, or
requests for additional financial information, contact the City of St. Louis Park Accounting
Department at 5005 Minnetonka Boulevard, St. Louis Park, Minnesota, 55416, 952-924-2500, or
Brian Swanson – Controller at bswanson@stlouispark.org.
31
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 39
- This page intentionally left blank -
32
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 40
BASIC FINANCIAL STATEMENTS
33
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 41
- This page intentionally left blank -
34
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 42
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF NET POSITION Statement 1
December 31, 2013
With Comparative Totals For December 31, 2012
Governmental Business-Type
Activities Activities 2013 2012
Assets:
Cash and investments $52,677,286 $5,993,472 $58,670,758 $68,902,603
Cash held in escrow - 4,082,882 4,082,882 -
Accrued interest receivable 170,869 19,508 190,377 297,588
Due from other governments 648,313 2,181 650,494 655,886
Accounts receivable 845,602 2,824,343 3,669,945 3,610,662
Taxes receivable 1,361,177 - 1,361,177 288,183
Prepaid items 168,414 299,954 468,368 524,130
Inventory 204,003 35,434 239,437 494,297
Deposits receivable 81,000 700 81,700 81,700
Internal balances 1,078,990 (1,078,990) - -
Special assessments receivable 8,780,677 888,650 9,669,327 10,475,486
Loans receivable 7,794,167 - 7,794,167 7,964,747
Land held for resale 2,256,816 - 2,256,816 -
Capital assets (net of accumulated depreciation):
Nondepreciable 44,315,460 176,722 44,492,182 43,134,077
Depreciable 72,221,649 31,770,609 103,992,258 105,981,399
Total assets 192,604,423 45,015,465 237,619,888 242,410,758
Liabilities:
Accounts payable 1,585,484 580,887 2,166,371 1,262,856
Salaries payable 1,143,059 65,306 1,208,365 1,107,633
Due to other governments 103,338 83,425 186,763 182,204
Contracts payable 1,490,984 128,105 1,619,089 1,470,465
Accrued interest payable 431,679 149,974 581,653 611,560
Deposits payable 1,127,745 5,900 1,133,645 903,580
Unearned revenue 675,092 256,197 931,289 851,160
Compensated absences payable:
Due within one year 2,489,865 102,584 2,592,449 2,630,558
Due in more than one year 1,067,084 43,965 1,111,049 1,127,383
Bonds payable (net of premiums and discounts):
Due within one year 1,970,000 1,015,000 2,985,000 2,845,000
Due in more than one year 22,956,616 11,805,022 34,761,638 34,943,690
Other postemployment benefits:
Due in more than one year 1,833,419 111,488 1,944,907 1,604,719
Total liabilities 36,874,365 14,347,853 51,222,218 49,540,808
Net position:
Net investment in capital assets 96,480,493 19,127,309 115,607,802 117,926,786
Restricted for:
Tax increment 3,048,433 - 3,048,433 4,934,833
E-911 purposes 498,922 - 498,922 458,448
EMPG grant - - - -
Debt service 3,703,071 - 3,703,071 3,665,655
Cable TV equipment 630,933 - 630,933 653,205
Police and fire purposes 3,545,540 - 3,545,540 4,451,662
Housing redevelopment 2,134,066 - 2,134,066 4,777,369
Unrestricted 45,688,600 11,540,303 57,228,903 56,001,992
Total net position $155,730,058 $30,667,612 $186,397,670 $192,869,950
Primary Government
Totals
The accompanying notes are an integral part of these financial statements.
35
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 43
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF ACTIVITIES
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
Program
Revenues
Charges For
Functions/Programs Expenses Services
Primary government:
Governmental activities:
General government $10,085,905 $1,024,253
Public safety 13,365,297 3,109,813
Public information 466,043 -
Operations and recreation 13,487,238 2,035,715
Engineering 16,046,665 1,032
Housing and rehabilitation 1,774,657 8,606
Housing maintenance 141,250 -
Social and economic development 9,040,280 250,015
Interest on long-term debt 1,295,298 -
Total governmental activities 65,702,633 6,429,434
Business-type activities:
Water 5,747,116 5,037,067
Sewer 5,272,646 5,822,085
Solid waste 3,614,118 2,912,415
Storm water 1,390,235 2,054,915
Total business-type activities 16,024,115 15,826,482
Total primary government $81,726,748 $22,255,916
The accompanying notes are an integral part of these financial statements.
36
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 44
Statement 2
Operating Capital
Grants and Grants and Governmental Business-Type
Contributions Contributions Activities Activities 2013 2012
$445,027 $250,000 ($8,366,625) $ - ($8,366,625) ($6,276,675)
749,143 75,353 (9,430,988) - (9,430,988) (5,539,532)
- - (466,043) - (466,043)(524,012)
148,613 250,000 (11,052,910) - (11,052,910) (12,575,284)
475,217 10,623,736 (4,946,680) - (4,946,680) (4,256,535)
- 414,922 (1,351,129) - (1,351,129) (2,186,238)
70,077 50,000 (21,173) - (21,173)(20,883)
645,908 217,098 (7,927,259) - (7,927,259) (6,509,799)
175,659 - (1,119,639) - (1,119,639) (1,053,610)
2,709,644 11,881,109 (44,682,446)0 (44,682,446) (38,942,568)
34,026 - - (676,023)(676,023) 1,218,586
- - - 549,439 549,439 1,371,111
101,616 - - (600,087) (600,087) 397,575
- - - 664,680 664,680 492,273
135,642 0 0 (61,991) (61,991) 3,479,545
$2,845,286 $11,881,109 (44,682,446) (61,991) (44,744,437) (35,463,023)
General revenues:
Taxes:
Property taxes 26,963,176 - 26,963,176 24,625,789
Tax increment 6,647,729 - 6,647,729 6,446,389
Franchise taxes 2,211,569 - 2,211,569 1,954,557
Grants and contributions not
restricted to specific programs 45,266 - 45,266 46,422
Unrestricted investment earnings 138,899 (3,348) 135,551 777,238
Gain on disposal of capital assets 69,237 - 69,237 60,416
Miscellaneous 2,199,629 - 2,199,629 2,183,685
Transfers 1,761,927 (1,761,927) - -
Total general revenues 40,037,432 (1,765,275) 38,272,157 36,094,496
Change in net position (4,645,014) (1,827,266) (6,472,280) 631,473
Net position - January 1, as previously stated 160,375,072 32,494,878 192,869,950 192,331,918
Prior period adjustment - - - (93,441)
Net position - January 1, as restated 160,375,072 32,494,878 192,869,950 192,238,477
Net position - December 31 $155,730,058 $30,667,612 $186,397,670 $192,869,950
Totals
Net (Expense) Revenue and
Changes in Net Position
Primary Government
Program Revenues
The accompanying notes are an integral part of these financial statements.
37
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 45
CITY OF ST. LOUIS PARK, MINNESOTA
BALANCE SHEET
GOVERNMENTAL FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
General Fund
Parks and
Recreation
Housing
Rehabilitation
Debt Service
Funds
4040 Fire Station
Bonds
Assets
Cash and investments $17,261,132 $ - $157,276 $2,458,006 $72,084
Accrued interest receivable 39,656 - 4,175 5,007 -
Due from other governments 537,954 - - 87,876 -
Accounts receivable 204,824 - - - -
Taxes receivable - unremitted 1,148,350 - - - -
Taxes receivable - delinquent 160,983 - - - -
Prepaid items 52,248 - - - -
Inventory 204,003 - - - -
Deposits receivable - - - - -
Due from other funds - - - - -
Special assessments receivable - delinquent - - 46,379 - -
Special assessments receivable - deferred - - 7,649,490 - -
Interfund loan receivable - - - - -
Loans receivable - current - - 215,000 35,000 -
Loans receivable - noncurrent - - 2,912,148 1,675,000 -
Land held for resale - - - - -
Total assets $19,609,150 $0 $10,984,468 $4,260,889 $72,084
Liabilities, Deferred Inflows of Resources, and Fund Balances
Liabilities:
Accounts payable $1,024,758 $ - $24,412 $1,956 $5,605
Salaries payable 1,091,445 - 3,930 - -
Due to other governments 53,311 - - - -
Contracts payable 24,740 - 19,125 - 66,018
Due to other funds - - - - -
Interfund loan payable - - 2,825,156 - -
Deposits payable 1,003,101 - - 124,644 -
Unearned revenue 460,446 - - 14,646 -
Total liabilities 3,657,801 0 2,872,623 141,246 71,623
Deferred inflows of resources:
Unavailable revenue 162,583 - 7,679,259 1,710,000 -
Total deferred inflows of resources 162,583 0 7,679,259 1,710,000 0
Fund balance:
Nonspendable 256,251 - 2,912,148 - -
Restricted 498,922 - - 2,409,643 461
Committed - - - - -
Assigned 691,171 - - - -
Unassigned 14,342,422 - (2,479,562) - -
Total fund balance 15,788,766 0 432,586 2,409,643 461
Total liabilities, deferred inflows of
resources, and fund balance $19,609,150 $0 $10,984,468 $4,260,889 $72,084
Fund balance reported above
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources, and therefore, are not reported in the funds
Other long-term assets are not available to pay for current-period expenditures and, therefore, are reported as unavailable revenue in the funds:
Receivables not available soon enough to pay for the current period's expenditures
Long-term liabilities, including bonds payable, are not due and payable in the current period and therefore are not reported in the funds:
Bonds payable and unamortized bond premium
Accrued interest payable
Internal service funds are used by management to charge the cost of certain services to individual funds.
The assets and liabilities are included in the governmental statement of net assets
Net position of governmental activities
Special Revenue Funds
The accompanying notes are an integral part of these financial statements.
38
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 46
Statement 3
Permanent
Improvement
Revolving
Streets Capital
Projects
Development
EDA
Sidewalks and
Trails
Redevelopment
District
Other
Governmental
Funds
2013 2012
$1,796,082 $ - $13,517,441 $ - $5,481,088 $10,476,740 $51,219,849 $58,176,222
13,518 - 42,748 - 26,347 33,047 164,498 250,161
- - - - - 22,483 648,313 653,230
- 71,933 - - - 568,845 845,602 649,464
- - - - 46,486 - 1,194,836 118,124
- - - - 5,358 - 166,341 170,059
- - - - - - 52,248 69,731
- - - - - - 204,003 427,455
- - 50,000 - - - 50,000 50,000
1,484,082 - - - - - 1,484,082 1,014,896
4,459 - 1,962 - - 11,772 64,572 40,892
870,380 - - - - 196,235 8,716,105 9,522,581
- - 6,699,495 - - - 6,699,495 8,510,981
- - 255,289 - - - 505,289 464,635
- - 1,600,071 - 680,872 420,787 7,288,878 7,500,112
- - 2,256,816 - - - 2,256,816 -
$4,168,521 $71,933 $24,423,822 $0 $6,240,151 $11,729,909 $81,560,927 $87,618,543
$104 $35,823 $150,297 $ - $5,200 $227,577 $1,475,732 $831,900
- - - - - 16,969 1,112,344 1,027,026
- - 8,101 - 23,276 2,979 87,667 114,139
- 1,154,900 - - - 66,203 1,330,986 1,387,439
- 434,815 - 97,671 - 7,607 540,093 1,014,896
- - - - 3,874,339 - 6,699,495 8,510,981
- - - - - - 1,127,745 885,580
- - - - - 200,000 675,092 628,928
104 1,625,538 158,398 97,671 3,902,815 521,335 13,049,154 14,400,889
873,932 - 1,951 - 43,224 221,394 10,692,343 11,509,606
873,932 0 1,951 0 43,224 221,394 10,692,343 11,509,606
- - 10,556,382 - - 420,787 14,145,568 14,130,029
- - - - 5,182,499 4,176,473 12,267,998 17,694,653
- - - - - 467,682 467,682 459,160
3,294,485 - 13,707,091 - - 5,923,496 23,616,243 26,273,335
- (1,553,605) - (97,671) (2,888,387) (1,258) 7,321,939 3,150,871
3,294,485 (1,553,605) 24,263,473 (97,671) 2,294,112 10,987,180 57,819,430 61,708,048
$4,168,521 $71,933 $24,423,822 $0 $6,240,151 $11,729,909 $81,560,927 $87,618,543
$57,819,430 $61,708,048
99,233,237 100,435,799
10,692,343 11,509,606
(24,926,616) (28,165,791)
(431,679) (474,667)
13,343,343 15,362,077
$155,730,058 $160,375,072
Total Governmental Funds
Capital Projects Funds
The accompanying notes are an integral part of these financial statements.
39
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 47
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
GOVERNMENTAL FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
General Fund
Parks and
Recreation
Housing
Rehabilitation
Debt Service
Funds
4040 Fire Station
Bonds
Revenues:
Property taxes $21,987,968 $ - $ - $1,937,085 $ -
Tax increments - - - - -
Franchise taxes - - - - -
License and permits 3,069,090 - - - -
Intergovernmental 2,028,598 - - 175,659 -
Charges for services 2,781,680 - 8,606 - -
Fines and forfeits 311,882 - - - -
Special assessments - - 1,039,604 - -
Interest on investments 14,180 - 6,385 1,685 -
Miscellaneous 78,303 - 550,520 102,030 21,957
Total revenues 30,271,701 0 1,605,115 2,216,459 21,957
Expenditures:
Current:
General government 7,162,588 - - - -
Public safety 12,381,968 - - - 25,272
Operations and recreation 9,445,618 - - - -
Engineering 296,396 - - - -
Public information - - - - -
Housing and rehabilitation - - 1,715,540 - -
Housing maintenance - - - - -
Social economic development - - - 419,830 -
Capital outlay:
Public safety - - - - 163,766
Operations and recreation - - - - -
Engineering - - - - -
Public information - - - - -
Housing and rehabilitation - - - - -
Social and economic development - - - - -
Debt service:
Principal - - - 3,275,000 -
Interest and other - - 170,831 1,127,185 -
Fiscal agent fees - - - 3,895 -
Bond issuance costs - - - - -
Total expenditures 29,286,570 0 1,886,371 4,825,910 189,038
Revenues over (under) expenditures 985,131 0 (281,256) (2,609,451) (167,081)
Other financing sources (uses):
Transfers in 2,886,719 - 500,000 2,643,827 692,098
Transfers out (60,000) (1,081,497) (236,380)(4,081) -
Bonds issued - - - - -
Discount on bonds - - - - -
Proceeds from sale of capital assets - - 8,590 - -
Total other financing sources (uses)2,826,719 (1,081,497) 272,210 2,639,746 692,098
Net change in fund balance 3,811,850 (1,081,497)(9,046)30,295 525,017
Fund balance - January 1, as previously stated 11,976,916 1,081,497 441,632 2,379,348 (524,556)
Prior period adjustment - - - - -
Fund balance - January 1, as restated 11,976,916 1,081,497 441,632 2,379,348 (524,556)
Fund balance - December 31 $15,788,766 $0 $432,586 $2,409,643 $461
Special Revenue Funds
The accompanying notes are an integral part of these financial statements.
40
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 48
Statement 4
Permanent
Improvement
Revolving
Streets Capital
Projects
Development
EDA
Sidewalks and
Trails
Redevelopment
District
Other
Governmental
Funds
2013 2012
$ - $ - $24,318 $ - $899,391 $810,000 $25,658,762 $24,259,861
- - - - 6,647,729 - 6,647,729 6,446,389
- - - - - 2,211,569 2,211,569 1,954,557
- - - - - - 3,069,090 3,241,813
- 10,622,301 638,408 - 2 422,279 13,887,247 2,983,191
(217) - 223,898 - - 38,822 3,052,789 3,547,900
- - - - - - 311,882 341,356
247,431 - 42,031 - - 176,502 1,505,568 2,233,715
11,979 - 25,922 - 27,527 35,628 123,306 622,450
10,704 - 1,127,299 - - 326,007 2,216,820 2,188,262
269,897 10,622,301 2,081,876 0 7,574,649 4,020,807 58,684,762 47,819,494
- - - - - - 7,162,588 6,503,965
9,293 - - - - 18,808 12,435,341 12,571,356
- - - - - 637,923 10,083,541 13,955,142
- 13,823,593 - 4,253 - 1,874,600 15,998,842 939,416
- - - - - 408,683 408,683 470,280
- - - - - - 1,715,540 3,881,500
- - - - - 141,250 141,250 116,949
- - 2,236,839 - 6,037,129 217,023 8,910,821 7,681,176
- - - - - - 163,766 2,847,957
- - - - - 930,249 930,249 636,800
- 705,099 - 93,418 - - 798,517 319,839
- - - - - 18,163 18,163 6,690
- - - - - - - 71,242
- - 179,103 - - - 179,103 48,000
- - - - - - 3,275,000 1,285,000
- - - - - - 1,298,016 1,235,118
- - - - - - 3,895 1,040
- - - - - - - 29,270
9,293 14,528,692 2,415,942 97,671 6,037,129 4,246,699 63,523,315 52,600,740
260,604 (3,906,391) (334,066)(97,671) 1,537,520 (225,892) (4,838,553) (4,781,246)
4,023 3,685,867 - - - 60,000 10,472,534 6,395,355
(951,445) - (415,952) - (5,699,753) (1,082,081) (9,531,189) (5,580,044)
- - - - - - - 1,290,000
- - - - - - - (16,125)
- - - - - - 8,590 885,328
(947,422) 3,685,867 (415,952)0 (5,699,753) (1,022,081) 949,935 2,974,514
(686,818) (220,524) (750,018)(97,671) (4,162,233) (1,247,973) (3,888,618) (1,806,732)
3,981,303 (1,333,081) 25,013,491 - 6,456,345 12,235,153 61,708,048 63,114,780
- - - - - - - 400,000
3,981,303 (1,333,081) 25,013,491 0 6,456,345 12,235,153 61,708,048 63,514,780
$3,294,485 ($1,553,605) $24,263,473 ($97,671) $2,294,112 $10,987,180 $57,819,430 $61,708,048
Total Governmental Funds
Capital Projects Funds
The accompanying notes are an integral part of these financial statements.
41
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 49
- This page intentionally left blank -
42
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 50
CITY OF ST. LOUIS PARK, MINNESOTA
RECONCILIATION OF THE STATEMENT OF REVENUES,Statement 5
EXPENDITURES AND CHANGES IN FUND BALANCES OF
GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
For The Year Ended December 31, 2013
With Comparative Amounts For The Year Ended December 31, 2012
2013 2012
Amounts reported for governmental activities in the
statement of activities (Statement 2) are different because:
Net changes in fund balances - total governmental funds (Statement 4)($3,888,618) ($1,806,732)
Governmental funds report capital outlays as expenditures. However, in the
statement of activities the cost of those assets is allocated over their estimated
useful lives and reported as depreciation expense. This is the amount by which
capital outlays exceeded depreciation in the current period.
Depreciation expense (3,217,389) (3,123,501)
Capital outlays 2,042,894 3,937,043
Disposal of capital assets (28,067) (3,153,765)
The issuance of long-term debt provides current financial resources to
governmental funds, while the repayment of principal of long-term debt consumes
the current financial resources of governmental funds. Neither transaction,
however, has any effect on net position. Also, governmental funds report the effect
of issuance costs, premiums, discounts and similar items when debt is first issued,
whereas these amounts are deferred and amortized in the statement of activities.
Bonds issued - (1,290,000)
Principal repayments on bonds 3,275,000 1,285,000
Interest on long-term debt in the statement of activities differs from the amount
reported in the governmental fund because interest is recognized as an
expenditure in the funds when it is due, and thus requires the use of current
financial resources. In the statement of activities, however, interest expense is
recognized as the interest accrues, regardless of when it is due.42,988 5,391
Governmental funds report debt issuance premiums and discounts as an other
financing source or use at the time of issuance. Premiums and discounts are
reported as an unamortized asset or liability in the City-wide financial statements.(35,825) 15,639
Certain revenues are recognized as soon as they are earned. Under the modified
accrual basis of accounting certain revenues cannot be recognized until they are
available to liquidate liabilities of the current period.
Special assessments (796,760) 3,483,159
Property taxes (3,718) (172,396)
Loans (16,785) (5,615)
Internal service funds are used by management to charge the costs for equipment,
information system, equipment replacement, employee benefits and major losses
incurred by individual funds. The net revenue of certain activities of internal
service funds is reported with governmental activities. (2,018,734) (462,761)
Change in net position of governmental activities (Statement 2) ($4,645,014) ($1,288,538)
The accompanying notes are an integral part of these financial statements.
43
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 51
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
December 31, 2013
With Comparative Amounts For December 31, 2012
2013 2012 2013 2012
Assets:
Current assets:
Cash and investments $2,011 $270,182 $1,764,699 $2,381,349
Cash and investments held in escrow 3,388,792 - - -
Accrued interest receivable - 368 6,594 12,218
Due from other governments - - 2,181 2,656
Accounts receivable 936,294 993,254 943,279 1,008,118
Prepaid items - 1,734 299,954 317,085
Deposits receivable 700 700 - -
Inventories 35,434 66,842 - -
Due from other funds - - 343,494 -
Special assessments receivable - delinquent 90,598 113,991 232 -
Special assessments receivable - deferred 663,453 662,714 134,367 135,308
Total current assets 5,117,282 2,109,785 3,494,800 3,856,734
Noncurrent assets:
Capital assets, at cost:
Land 114,844 114,844 60,000 60,000
Buildings and structures 4,761,612 4,761,612 6,111 6,111
Improvements other than buildings 889,152 889,152 22,278 22,278
Infrastructure 14,663,244 14,575,920 19,653,646 18,901,900
Machinery, furniture and equipment 4,953,257 4,953,258 262,039 262,039
Fleet - - - -
Construction in progress 1,878 56,361 - 47,179
Total capital assets, at cost 25,383,987 25,351,147 20,004,074 19,299,507
Less: accumulated depreciation (12,342,107) (11,527,985) (15,708,520) (15,581,330)
Net capital assets 13,041,880 13,823,162 4,295,554 3,718,177
Total noncurrent assets 13,041,880 13,823,162 4,295,554 3,718,177
Total assets 18,159,162 15,932,947 7,790,354 7,574,911
Liabilities:
Current liabilities:
Accounts payable 105,445 121,790 25,871 27,393
Salaries payable 50,328 36,812 8,461 8,804
Accrued flex spending - - - -
Due to other governments 29,553 3,684 605 1,085
Contracts payable 64,853 28,958 47,189 98
Due to other funds 343,494 - - -
Deposits payable 5,900 18,000 - -
Accrued interest payable 116,224 103,629 2,600 2,729
Interfund loan payable - - - -
Compensated absences payable 95,325 121,144 698 818
Bonds payable 633,800 605,400 16,000 15,500
Unearned revenue 256,197 222,232 - -
Total current liabilities 1,701,119 1,261,649 101,424 56,427
Noncurrent liabilities:
Compensated absences payable 14,764 16,949 29,201 28,026
Other postemployment benefits payable 80,706 66,145 17,625 14,978
Bonds payable 9,107,076 6,269,580 205,284 221,310
Total noncurrent liabilities 9,202,546 6,352,674 252,110 264,314
Total liabilities 10,903,665 7,614,323 353,534 320,741
Net position:
Net investment in capital assets 3,301,004 6,948,182 4,074,270 3,481,367
Unrestricted 3,954,493 1,370,442 3,362,550 3,772,803
Total net position $7,255,497 $8,318,624 $7,436,820 $7,254,170
5000 Water Utility 5100 Sewer Utility
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
44
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 52
Statement 6
Business-Type Activities Enterprise Funds Governmental
Activities
2013 2012 2013 2012 Internal
2013 2012 Service Funds
$1,959,656 $2,478,356 $2,267,106 $1,771,346 $5,993,472 $6,901,233 $1,457,437
- - 694,090 - 4,082,882 - $ -
5,825 9,201 7,089 8,224 19,508 30,011 6,371
- - - - 2,181 2,656 -
645,352 644,420 299,418 315,206 2,824,343 2,960,998 -
- - - 433 299,954 319,252 116,166
- - - - 700 700 31,000
- - - - 35,434 66,842 -
- - - - 343,494 - -
- - - - 90,830 113,991 -
- - - - 797,820 798,022 -
2,610,833 3,131,977 3,267,703 2,095,209 14,490,618 11,193,705 1,610,974
- - - - 174,844 174,844 818,094
- - - - 4,767,723 4,767,723 134,520
- - 6,182,215 6,182,215 7,093,645 7,093,645 -
- - 15,588,972 15,391,275 49,905,862 48,869,095 9,461,214
- - 89,099 89,099 5,304,395 5,304,396 6,607,079
- - - - - - 7,126,319
- - - - 1,878 103,540 852,757
0 0 21,860,286 21,662,589 67,248,347 66,313,243 24,999,983
- (7,250,389) (6,674,943) (35,301,016) (33,784,258) (7,696,111)
0 0 14,609,897 14,987,646 31,947,331 32,528,985 17,303,872
0 0 14,609,897 14,987,646 31,947,331 32,528,985 17,303,872
2,610,833 3,131,977 17,877,600 17,082,855 46,437,949 43,722,690 18,914,846
431,799 156,851 17,772 4,224 580,887 310,258 109,752
- - 6,517 6,928 65,306 52,544 5,225
- - - - - - 25,490
53,127 46,192 140 - 83,425 50,961 15,671
- - 16,063 6,378 128,105 35,434 159,998
- - - - 343,494 - 943,989
- - - - 5,900 18,000 -
- - 31,150 30,535 149,974 136,893 -
- - - - - - -
- - 6,561 - 102,584 121,962 2,489,865
- - 365,200 364,100 1,015,000 985,000 -
- - - - 256,197 222,232 -
484,926 203,043 443,403 412,165 2,730,872 1,933,284 3,749,990
- - - 7,295 43,965 52,270 1,067,084
- - 13,157 10,510 111,488 91,633 1,833,419
- - 2,492,662 2,147,009 11,805,022 8,637,899 -
0 0 2,505,819 2,164,814 11,960,475 8,781,802 2,900,503
484,926 203,043 2,949,222 2,576,979 14,691,347 10,715,086 6,650,493
- - 11,752,035 12,476,537 19,127,309 22,906,086 17,303,872
2,125,907 2,928,934 3,176,343 2,029,339 12,619,293 10,101,518 (5,039,519)
$2,125,907 $2,928,934 $14,928,378 $14,505,876 31,746,602 33,007,604 $12,264,353
Adjustment to reflect consolidation of Internal Service fund activities (1,078,990) (512,726)
Net position of business-type activities $30,667,612 $32,494,878
Totals
5200 Solid Waste 5300 Storm Water Utility
The accompanying notes are an integral part of these financial statements.
45
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 53
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND NET POSITION
PROPRIETARY FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
2013 2012 2013 2012
Operating revenues:
Charges for services $4,552,959 $4,608,120 $5,793,663 $5,912,757
Sale of water meters - - - -
Other 199,354 240,611 28,396 113,086
Rent 286,925 258,896 - -
Total operating revenues 5,039,238 5,107,627 5,822,059 6,025,843
Operating expenses:
Personal services 1,165,477 1,004,158 422,152 471,081
Supplies 457,857 375,106 37,709 18,649
Professional services 294,345 276,230 125,296 77,348
Insurance 35,542 40,440 56,442 51,006
Utilities 423,182 384,488 47,102 36,966
Repairs and maintenance 1,281,993 223,992 88,604 95,039
Depreciation 814,120 672,524 127,188 115,864
Disposal charges 76,475 49,831 3,800,400 3,509,764
Other 646,996 450,524 194,453 138,530
Total operating expenses 5,195,987 3,477,293 4,899,346 4,514,247
Operating income (loss)(156,749) 1,630,334 922,713 1,511,596
Nonoperating revenues (expenses):
Investment income (17,951)765 4,417 52,737
Property taxes - - - -
Intergovernmental revenue 34,026 - - -
Miscellaneous expense (67,092) (51,348)(16,189) (29,452)
Amortization of bond premiums 2,592 1,858 26 26
Net loss on disposal of assets - - - -
Interest expense (260,682) (303,977)(6,265) (6,575)
Issuance of debt (60,630) - - -
Total nonoperating revenues (expenses)(369,737) (352,702)(18,011) 16,736
Income (loss) before transfers (526,486) 1,277,632 904,702 1,528,332
Transfers in - 1,200,000 - -
Transfers out (536,641) (504,153) (722,052) (1,889,782)
Total transfers (536,641) 695,847 (722,052) (1,889,782)
Change in net position (1,063,127) 1,973,479 182,650 (361,450)
Net position - January 1, as previously reported 8,318,624 6,630,826 7,254,170 7,617,429
Prior period adjustment - (285,681) - (1,809)
Net position - January 1, as restated 8,318,624 6,345,145 7,254,170 7,615,620
Net position - December 31 $7,255,497 $8,318,624 $7,436,820 $7,254,170
5000 Water Utility 5100 Sewer Utility
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
46
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 54
Statement 7
Governmental
Business-Type Activities Enterprise Funds Activities
Internal
2013 2012 2013 2012 2013 2012 Service Funds
$2,825,840 $2,742,401 $2,054,915 $1,977,445 $15,227,377 $15,240,723 $781,078
- - - - - - -
86,575 116,529 - - 314,325 470,226 603,600
- - - - 286,925 258,896 -
2,912,415 2,858,930 2,054,915 1,977,445 15,828,627 15,969,845 1,384,678
282,485 280,244 391,302 421,041 2,261,416 2,176,524 1,187,441
932,568 88,684 18,166 13,931 1,446,300 496,370 449,594
27,492 3,053 73,161 77,995 520,294 434,626 2,238,849
8,882 11,138 6,256 7,263 107,122 109,847 208,568
- - 28,970 20,790 499,254 442,244 -
- - 31,991 123,128 1,402,588 442,159 -
- - 575,443 566,905 1,516,751 1,355,293 1,347,225
2,237,737 2,136,978 - - 6,114,612 5,696,573 -
124,954 42,888 118,386 152,870 1,084,789 784,812 788,696
3,614,118 2,562,985 1,243,675 1,383,923 14,953,126 11,938,448 6,220,373
(701,703) 295,945 811,240 593,522 875,501 4,031,397 (4,835,695)
10,526 41,909 (340) 17,849 (3,348) 113,260 15,593
- - - - - - 1,308,132
101,616 101,630 - - 135,642 101,630 37,153
- - (15,610)(659) (98,891) (81,459) -
- - - 218 2,618 2,102 -
- - - - - - 69,237
- - (70,602) (80,074) (337,549) (390,626) -
- - (12,418) - (73,048) - -
112,142 143,539 (98,970) (62,666) (374,576) (255,093) 1,430,115
(589,561) 439,484 712,270 530,856 500,925 3,776,304 (3,405,580)
- - - - - 1,200,000 926,753
(213,466) (196,010) (289,768) (270,090) (1,761,927) (2,860,035) (106,171)
(213,466) (196,010) (289,768) (270,090) (1,761,927) (1,660,035) 820,582
(803,027) 243,474 422,502 260,766 (1,261,002) 2,116,269 (2,584,998)
2,928,934 2,685,460 14,505,876 14,266,864 33,007,604 31,200,579 14,849,351
- - - (21,754) - (309,244) -
2,928,934 2,685,460 14,505,876 14,245,110 33,007,604 30,891,335 14,849,351
$2,125,907 $2,928,934 $14,928,378 $14,505,876 $31,746,602 $33,007,604 $12,264,353
Adjustment to reflect consolidation of Internal Service fund activities (566,264) (183,499)
Change in net position of business-type activities ($1,827,266) $1,932,770
Totals5200 Solid Waste 5300 Storm Water Utility
The accompanying notes are an integral part of these financial statements.
47
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 55
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
2013 2012 2013 2012
Cash flows from operating activities:
Receipts from customers and users $4,941,363 $5,049,988 $5,859,686 $5,858,265
Receipts from interfund services provided - - - -
Other receipts 199,354 240,611 28,396 113,086
Payments to suppliers (3,137,829) (1,839,101) (4,287,786) (3,947,498)
Payments to employees (1,165,404) (971,368) (418,793) (466,170)
Miscellaneous expense (67,092) (51,348) (16,189) (29,452)
Net cash flows provided by (used in)
operating activities 770,392 2,428,782 1,165,314 1,528,231
Cash flows from noncapital financing activities:
Transfers in - 1,200,000 - -
Transfers out (536,641) (504,153) (722,052) (1,889,782)
Borrowing (payments) on interfund balances 343,494 (891,523) (343,494) 451,523
Intergovernmental receipts 34,026 - - -
Intergovernmental payments - - - -
Net cash flows provided by (used in)
noncapital financing activities (159,121) (195,676) (1,065,546) (1,438,259)
Cash flows from capital and related financing activities:
Acquisition and construction of capital assets (32,841) (1,071,093) (704,565) (166,153)
Proceeds from sale of assets - - - -
Transfer in of long term debt (net) - - - -
Debt proceeds, net 3,473,891 - - -
Unspent bond proceeds (3,388,792) - - -
Principal paid on bonds (605,400) (585,400) (15,500) (15,500)
Interest paid on debt (308,717) (312,773) (6,394) (6,853)
Net cash flows provided by (used in)
capital and related financing activities (861,859) (1,969,266) (726,459) (188,506)
Cash flows from investing activities:
Investment income (17,583) 397 10,041 50,678
Net increase (decrease) in cash and cash equivalents (268,171) 264,237 (616,650) (47,856)
Cash and cash equivalents - January 1 270,182 5,945 2,381,349 2,429,205
Cash and cash equivalents - December 31 $2,011 $270,182 $1,764,699 $2,381,349
5000 Water Utility 5100 Sewer Utility
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
48
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 56
Statement 8
Page 1 of 2
Governmental
Activities
Internal
2013 2012 2013 2012 2013 2012 Service Funds
$2,824,908 $2,711,073 $2,070,703 $1,963,119 $15,696,660 $15,582,445 $ -
- - - - - - 781,278
86,575 116,529 - - 314,325 470,226 603,600
(3,049,750) (2,269,349) (253,124) (504,763) (10,728,489) (8,560,711) (3,566,699)
(282,485) (281,185) (389,800) (423,329) (2,256,482) (2,142,052) (891,216)
- - (15,610) (659) (98,891) (81,459) -
(420,752) 277,068 1,412,169 1,034,368 2,927,123 5,268,449 (3,073,037)
- - - - - 1,200,000 926,753
(213,466) (196,010) (289,768) (270,090) (1,761,927) (2,860,035) (106,171)
- 440,000 - (159,244) - (159,244) -
101,616 101,630 - - 135,642 101,630 1,345,285
- - - - - - -
(111,850) 345,620 (289,768) (429,334) (1,626,285) (1,717,649) 2,165,867
- - (193,122) (97,606) (930,528) (1,334,852) (1,638,492)
- - - 132,383 - 132,383 151,313
- - - - - - -
- - 706,281 - 4,180,172 - -
- - (694,090) - (4,082,882) - -
- - (364,100) (354,100) (985,000) (955,000) -
- - (82,405) (84,820) (397,516) (404,446) -
0 0 (627,436) (404,143) (2,215,754) (2,561,915) (1,487,179)
13,902 40,311 795 16,759 7,155 108,145 26,638
(518,700) 662,999 495,760 217,650 (907,761) 1,097,030 (2,367,711)
2,478,356 1,815,357 1,771,346 1,553,696 6,901,233 5,804,203 3,825,148
$1,959,656 $2,478,356 $2,267,106 $1,771,346 $5,993,472 $6,901,233 $1,457,437
5300 Storm Water Utility Totals5200 Solid Waste
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
49
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 57
CITY OF ST. LOUIS PARK, MINNESOTA
STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
2013 2012 2013 2012
Reconciliation of operating income (loss) to
net cash provided (used) by operating
activities:
Operating income (loss) ($156,749) $1,630,334 $922,713 $1,511,596
Adjustments to reconcile operating income
(loss) to net cash flows from operating
activities:
Miscellaneous expense (67,092) (51,348) (16,189) (29,452)
Depreciation 814,120 672,524 127,188 115,864
Changes in assets and liabilities:
Decrease (increase) in:
Accounts receivable 56,960 152,288 65,314 (24,934)
Special assessments 22,654 30,684 709 (29,558)
Prepaid items 1,734 (1,734) 17,131 (24,654)
Inventory 31,408 11,200 - -
Increase (decrease) in:
Accounts payable 9,524 (12,657) (2,002) 9,344
Contracts payable 35,895 (35,299) 47,091 (4,886)
Deposits payable (12,100) - - -
Accrued salaries payable 13,516 8,765 (343) (758)
Unearned revenue 33,965 - - -
Accrued flex spending - - - -
Compensated absences payable (28,004) 13,541 1,055 3,572
Other postemployment benefits 14,561 10,484 2,647 2,097
Total adjustments 927,141 798,448 242,601 16,635
Net cash provided by (used) operating activities $770,392 $2,428,782 $1,165,314 $1,528,231
Supplemental schedule of noncash capital and related
financing activities
Amortization of bond premiums and issuance costs $2,592 $1,858 $26 $26
Disposal of capital assets $87,324 $ - $ - $751,746
5000 Water Utility 5100 Sewer Utility
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
50
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 58
Statement 8
Page 2 of 2
Governmental
Activities
Internal
2013 2012 2013 2012 2013 2012 Service Funds
($701,703) $295,945 $811,240 $593,522 $875,501 $4,031,397 ($4,835,695)
- - (15,610) (659) (98,891) (81,459) -
- - 575,443 566,905 1,516,751 1,355,293 1,347,225
(932) (31,341) 15,788 (14,326) 137,130 81,687 200
- 13 - - 23,363 1,139 -
- - 433 (433) 19,298 (26,821) 18,981
- - - - 31,408 11,200 -
281,883 13,392 13,688 (95,149) 303,093 (85,070) (12,379)
- - 9,685 (13,204) 92,671 (53,389) 112,406
- - - - (12,100) - -
- (941) (411) (2,259) 12,762 4,807 3,281
- - - - 33,965 - -
- - - - - - (629)
- - (734) (2,126) (27,683) 14,987 (26,760)
- - 2,647 2,097 19,855 14,678 320,333
280,951 (18,877) 600,929 440,846 2,051,622 1,237,052 1,762,658
($420,752) $277,068 $1,412,169 $1,034,368 $2,927,123 $5,268,449 ($3,073,037)
$ - $ - $666 $218 $3,284 $2,102
$ - $ - $197,696 $147,415 $285,020 $899,161
5200 Solid Waste 5300 Storm Water Utility Totals
Business-Type Activities Enterprise Funds
The accompanying notes are an integral part of these financial statements.
51
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 59
- This page intentionally left blank -
52
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 60
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The City of St. Louis Park, Minnesota (the City) was incorporated in 1886 and operates a council-manager
form of government under the “Home Rule Charter” concept according to applicable Minnesota laws and
statutes. The governing body consists of a seven member City Council elected by the voters of the City.
The financial statements of the City have been prepared in conformity with accounting principles generally
accepted in the United States of America as applied to governmental units by the Governmental
Accounting Standards Board (GASB). The following is a summary of the significant accounting policies.
A. FINANCIAL REPORTING ENTITY
As required by generally accepted accounting principles, the financial statements of the reporting
entity include those of the City (the primary government) and its component units, entities for
which the City is considered to be financially accountable. Blended component units, although
legally separate entities, are in substance, part of the City’s operations and so data from these units
are combined with data of the City.
BLENDED COMPONENT UNITS
The Economic Development Authority (EDA) is an entity legally separate from the City.
However, for financial reporting purposes, the EDA is reported as if it were part of the City’s
operations because the members of the City Council serve as EDA Board Members and its
sole purpose is to promote development within the City’s tax increment districts. Separate
financial statements are not prepared for the EDA.
The following funds are maintained by the EDA: Debt Service Funds – 2004 General
Obligation Tax Increment Refunding, 2008B General Obligation Tax Increment Bonds, and
Hoigaard’s 2010A & B TIF Notes; Capital Project Funds – Development EDA and
Redevelopment District.
RELATED ORGANIZATION
The Housing Authority (HA) is an entity legally separate from the City. The HA is governed
by a Board of Commissioners appointed by the City Council. However, the City’s
accountability for the HA does not extend beyond making the appointments.
B. GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS
The government-wide financial statements (i.e., the statement of net position and the statement of
activities) report information on all of the activities of the primary government and its component
units. For the most part, the effect of interfund activity has been removed from these statements.
Governmental activities, which normally are supported by taxes and intergovernmental revenues,
are reported separately from business-type activities, which rely to a significant extent on fees and
charges for support.
53
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 61
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
The statement of activities demonstrates the degree to which the direct expenses of a given
function or business-type activity is offset by program revenues. Direct expenses are those that
are clearly identifiable with a specific function or business-type activity. Program revenues
include: 1) charges to customers or applicants who purchase, use, or directly benefit from goods,
services, or privileges provided by a given function or business-type activity and 2) grants and
contributions that are restricted to meeting the operational or capital requirements of a particular
function or business-type activity. Taxes and other items not included among program revenues
are reported instead as general revenues.
Separate financial statements are provided for governmental funds and proprietary funds. Major
individual governmental funds and major individual enterprise funds are reported as separate
columns in the fund financial statements.
C. MEASUREMENT FOCUS, BASIS OF ACCOUNTING, AND FINANCIAL STATEMENT
PRESENTATION
The government-wide financial statements are reported using the economic resources
measurement focus and the accrual basis of accounting, as are the proprietary fund financial
statements. Revenues are recorded when earned and expenses are recorded when a liability is
incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues
in the year for which they are levied. Grants and similar items are recognized as revenue as soon
as all eligibility requirements imposed by the provider have been met.
Governmental fund financial statements are reported using the current financial resources
measurement focus and the modified accrual basis of accounting. Revenues are recognized as
soon as they are both measurable and available. Revenues are considered to be available when
they are collectible within the current period or soon enough thereafter to pay liabilities of the
current period. For this purpose, the City considers all revenues, except reimbursement grants, to
be available if they are collected within 60 days of the end of the current fiscal period.
Reimbursement grants are considered available if they are collected within one year of the end of
the current fiscal period. Expenditures generally are recorded when a liability is incurred, as
under accrual accounting. However, debt service expenditures, as well as expenditures related to
compensated absences and claims and judgments, are recorded only when payment is due.
Property taxes, special assessments, intergovernmental revenue, franchise taxes, licenses, and
interest associated with the current fiscal period are all considered to be susceptible to accrual and
so have been recognized as revenues of the current fiscal period. Only the portion of special
assessments receivable due within the current fiscal period is considered to be susceptible to
accrual as revenue of the current period. All other revenue items are considered to be measurable
and available only when cash is received by the City.
54
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 62
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
The City reports the following major governmental funds:
The General Fund is the City’s primary operating fund. It accounts for all financial resources
of the general government, except those required to be accounted for in another fund.
The Parks and Recreation Fund was closed effective January 1, 2013 and fund balance was
transferred to the General Fund.
The Housing Rehabilitation Fund is used to account for revenues from revenue bond fees and
expenditures related to preventing deterioration of multi-unit housing.
The Debt Service Fund accounts for the resources accumulated and payments made for
principal and interest on long-term general obligation debt of the government.
The Fire Station Bonds Fund accounts for the financing of land acquisition and construction
of two new fire stations. Revenues will be provided from other City funds and property tax
levies.
The Permanent Improvement Revolving Fund accounts for the resources and expenditures
required for the acquisition and construction of capital improvements which will provide a
direct or significant indirect benefit to individual property owners. Financing of these
projects is provided by shared costs with other organizations, land sales, State allotment from
highway user tax collections and assessment proceeds.
The Streets Capital Projects Fund accounts for street construction projects. Revenues are
provided by the General Fund or by the issuance of General Obligation bonds.
The Development EDA Fund accounts for transactions related to redevelopment efforts in the
City; financing is provided by investment income, grants, and developer reimbursements.
The Sidewalks and Trails Fund accounts for the City’s 10 year plan to add additional
sidewalks, trails, bike lane and bikeway throughout the community. Financing for this plan
will occur by issuing General Obligation bonds over several stages throughout the life of the
plan.
The Redevelopment District Fund accounts for transactions relative to acquisition and
development in the City’s tax increment redevelopment districts; financing is provided by the
sale of general obligation tax increment bonds along with tax increment property tax
payments.
55
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 63
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
The City reports the following major enterprise funds:
The Water Utility Fund accounts for the provisions of water services to residents of the City.
All activities necessary to provide such services are accounted for in this fund, including
administration, operations, maintenance, billing and collection.
The Sewer Utility Fund accounts for the provisions of sewer services to residents of the City.
All activities necessary to provide such services are accounted for in this fund, including
administration, operations, maintenance, billing and collection.
The Solid Waste Fund accounts for the revenue and expense related to collection, disposal,
and recycling of residential solid waste. Financing is provided by charging each property
owner a predetermined service fee.
The Storm Water Utility Fund accounts for the revenue and expenses related to providing
storm water to the residents of the City. All activities necessary to provide such services are
accounted for in this fund, including administration, operations, construction, maintenance,
billing and collection.
Additionally, the government reports the following fund types:
Internal Service Funds account for the financing of goods or services provided by one
department or agency to other departments or agencies of the City, or to other governments
on a cost reimbursement basis. The City’s internal service funds account for employee flex
spending, uninsured loss and capital replacement.
As a general rule the effect of interfund activity has been eliminated from the government-wide
financial statements. Exceptions to this general rule are transactions that would be treated as
revenues, expenditures or expenses if they involved external organizations, such as buying goods
and services or payments in lieu of taxes, are similarly treated when they involve other funds of
the City. Elimination of these charges would distort the direct costs and program revenues
reported for the various functions concerned.
Amounts reported as program revenues include 1) charges to customers or applicants for goods,
services, or privileges provided, 2) operating grants and contributions, and 3) capital grants and
contributions, including special assessments. Internally dedicated resources are reported as
general revenues rather than as program revenues. Likewise, general revenues include all taxes.
Proprietary funds distinguish operating revenues and expenses from nonoperating items.
Operating revenues and expenses generally result from providing services and producing and
delivering goods in connection with a proprietary fund’s principal ongoing operations. The
principal operating revenues of the water, wastewater, storm sewer and municipal liquor
enterprise funds are charges to customers for sales and services. Operating expenses for
enterprise funds include the cost of sales and services, administrative expenses, and depreciation
on capital assets. All revenues and expenses not meeting this definition are reported as
nonoperating revenues and expenses.
56
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 64
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
D. BUDGETARY INFORMATION
Budgets are legally adopted on a basis consistent with generally accepted accounting principles.
Annual appropriated budgets are legally adopted for the General Fund and the Parks and
Recreation special revenue fund. A budget is not presented for the Housing Rehabilitation Fund
since the City does not legally require to adopt a budget for the fund.
Budgeted amounts are reported as originally adopted, or as amended by the City Council.
Budgeted expenditure appropriations lapse at year end.
Encumbrance accounting, under which purchase orders, contracts, and other commitments for the
expenditure of monies are recorded in order to reserve that portion of the appropriation, is not
employed by the City because it is as present not considered necessary to assure effective
budgetary control or to facilitate effective cash management.
E. LEGAL COMPLIANCE - BUDGETS
The City follows these procedures in establishing the budgetary data reflected in the financial
statements:
1. The City Manager submits to the City Council a proposed operating budget for the fiscal
year commencing the following January 1. The operating budget includes proposed
expenditures and the means of financing them.
2. The City Council reviews the proposed budget and makes appropriate changes.
3. Public hearings are conducted to obtain taxpayer comments.
4. The budget is legally enacted through passage of a resolution on a
departmental/divisional basis and can be expended by each department based upon
detailed budget estimates for individual expenditure accounts in accordance with the
provisions of section 6.05 of the City Charter.
5. After the budget resolution is approved, the City Council can increase the budget only by
resolution if actual receipts exceed the estimated, or from accumulated fund balance in
the amount of unexpended appropriations from the previous fiscal year. During the year
2013, the budget was not amended.
6. Formal budgetary integration is employed as a management control device during the
year for the General Fund and Parks and Recreation special revenue fund.
7. Legal debt obligation indentures determine the appropriation level and debt service tax
levies for the Debt Service Funds. Supplementary budgets are adopted for the
Proprietary Funds to determine and calculate user charges. These debt service and
budget amounts represent general obligation bond indenture provisions and net income
for operation and capital maintenance and are not reflected in the financial statements.
57
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 65
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
8. A capital improvement program is reviewed annually by the City Council for the Capital
Project Funds. However, appropriations for major projects are not adopted until the
actual bid award of the improvement. The appropriations are not reflected in the
financial statements.
9. The legal level of budgetary control is at the fund level. Expenditures may not legally
exceed budgeted appropriations at the total fund level. The City Council must approve
all expenditures at fund level either by resolution or through the disbursement process.
10. Monitoring of budgets is maintained at the expenditure category level (i.e., personal
services, supplies, and other services and charges, and capital outlay) within each
program. Management can exceed appropriations at the department level without City
Council approval. Approval must be received for exceeding budgeted appropriations at
the fund level.
11. The City Council may authorize transfer of budgeted amounts between City funds.
F. CASH AND INVESTMENTS
Cash and investment balances from all funds are pooled and invested to the extent available in
authorized investments. Investment income is allocated to individual funds on the basis of
average monthly cash balances. The City’s investment policy dictates that the General fund is to
receive the first three percent of all interest earnings as an administrative fee. The administrative
fee does not apply to the Economic Development Authority.
Investments are stated at fair value, based upon quoted market prices, except for investments in
2a7-like external investment pools, which are stated at amortized cost. Investment income is
accrued at the balance sheet date.
For purposes of the statement of cash flows, the Proprietary Funds consider all highly liquid
investments with a maturity of three months or less when purchased to be cash equivalents. All of
the cash and investments allocated to the Proprietary Fund types have original maturities of 90
days or less. Therefore the entire balance in such fund types is considered cash equivalents.
It is the City’s policy to invest in a manner that seeks to ensure preservation of capital in the
overall portfolio. Safety of principal is the foremost objective, but liquidity and yield are also
important considerations. The objective will be to mitigate credit risk by purchasing only highly
rated securities with adequate collateral and interest rate risk by matching maturities to cash flow
needs and holding securities to maturity.
58
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 66
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
G. ACCOUNTS RECEIVABLE
Property taxes and special assessment receivables have been reported net of estimated
uncollectible accounts (See Note 1 I and J). The City annually certifies delinquent water and
sewer accounts to the County for collection in the following year. Because utility bills are
considered liens on property, no estimated uncollectible amounts are established. Uncollectible
amounts are not material for other receivables and have not been reported.
H. INTERFUND RECEIVABLES AND PAYABLES
Activity between funds that are representative of lending/borrowing arrangements outstanding at
the end of the fiscal year are referred to as either “due to/from other funds” (i.e., the current
portion of interfund loans) or “interfund loan receivable/payable” (i.e., the noncurrent portion of
interfund loans). Any residual balances outstanding between the governmental activities and
business-type activities are reported in the government-wide financial statements as “internal
balances.”
Interfund loan receivables, as reported in the fund financial statements, are offset by nonspendable
fund balance in applicable governmental funds to indicate that they are not available for
appropriation and are not expendable available financial resources.
I. PROPERTY TAX REVENUE RECOGNITION
The City Council annually adopts a tax levy and certifies it to the County in December
(levy/assessment date) of each year for collection in the following year. The County is
responsible for billing and collecting all property taxes for itself, the City, the local School District
and other taxing authorities. Such taxes become a lien on January 1 and are recorded as
receivables by the City at that date. Real property taxes are payable (by property owners) on May
15 and October 15 of each calendar year. Personal property taxes are payable by taxpayers on
February 28 and June 30 of each year. These taxes are collected by the County and remitted to
the City on or before July 7 and December 2 of the same year. Delinquent collections for
November and December are received the following January. The City has no ability to enforce
payment of property taxes by property owners. The County possesses this authority.
The City recognizes property tax revenue when it becomes both measurable and available to
finance expenditures of the current period. In practice, current and delinquent taxes and State
credits received by the City in July, December and January are recognized as revenue for the
current year. Taxes collected by the County by December 31 (remitted to the City the following
January) and taxes and credits not received at year end are classified as delinquent and due from
County taxes receivable. The portion of delinquent taxes not collected by the City in January is
fully offset by deferred inflow of resources because they are not available to finance current
expenditures.
GOVERNMENT-WIDE FINANCIAL STATEMENTS
The City recognizes property tax revenue in the period for which the taxes were levied.
Uncollectible property taxes are not material and have not been reported.
59
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 67
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
GOVERNMENTAL FUND FINANCIAL STATEMENTS
The City’s property tax revenue includes payment from the Metropolitan Revenue Distribution
(Fiscal Disparities Formula) per Minnesota Statute 473F. This statute provides a means of
spreading a portion of the taxable valuation of commercial/industrial real property to various
taxing authorities within the defined metropolitan area. The valuation “shared” is a portion of
commercial/industrial property valuation growth since 1971. Property taxes paid to the City
through this formula for 2013 and 2012 totaled $2,262,464 and $2,090,120, respectively. Receipt
of property taxes from this “fiscal disparities pool” does not increase or decrease total tax revenue.
J. SPECIAL ASSESSMENT REVENUE RECOGNITION
Special assessments are levied against benefited properties for the cost or a portion of the cost of
special assessment improvement projects in accordance with State Statutes. These assessments
are collectible by the City over a term of years usually consistent with the term of the related bond
issue. Collection of annual installments (including interest) is handled by the County Auditor in
the same manner as property taxes. Property owners are allowed to (and often do) prepay future
installments without interest or prepayment penalties.
Once a special assessment roll is adopted, the amount attributed to each parcel is a lien upon that
property until full payment is made or the amount is determined to be excessive by the City
Council or court action. If special assessments are allowed to go delinquent, the property is
subject to tax forfeit sale and the first proceeds of that sale (after costs, penalties and expenses of
sale) are remitted to the City in payment of delinquent special assessments. Pursuant to State
Statutes, a property shall be subject to a tax forfeit sale after three years unless it is homesteaded,
agricultural or seasonal recreational land in which event the property is subject to such sale after
five years.
GOVERNMENT-WIDE FINANCIAL STATEMENTS
The City recognizes special assessment revenue in the period that the assessment roll was adopted
by the City Council. Uncollectible special assessments are not material and have not been
reported.
GOVERNMENTAL FUND FINANCIAL STATEMENTS
Revenue from special assessments is recognized by the City when it becomes measurable and
available to finance expenditures of the current fiscal period. In practice, current and delinquent
special assessments received by the City are recognized as revenue for the current year. Special
assessments that are collected by the County by December 31 (remitted to the City the following
January) and are also recognized as revenue for the current year. All remaining delinquent,
deferred and special deferred assessments receivable in governmental funding are completely
offset by deferred inflow of resources.
60
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 68
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
K. INVENTORIES
Inventory is valued at cost using the first-in, first out (FIFO) method. Inventory consists mainly
of expendable supplies held for consumption. Inventories of the governmental funds are recorded
as expenditures when consumed rather than when purchased.
L. PREPAID ITEMS
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded
as prepaid items in both government-wide and fund financial statements. Prepaid items are
reported using the consumption method and recorded as expenditures/expenses at the time of
consumption.
M. CAPITAL ASSETS
Capital assets, which include property, plant, equipment, infrastructure assets (e.g., roads, bridges,
sidewalks, and similar items), and intangible assets such as easements and computer software, are
reported in the applicable governmental or business-type activities columns in the government-
wide financial statements. Capital assets are defined by the City as assets with an estimated useful
life in excess of three years and an initial individual cost of more than the following:
Land $1
Land improvements 5,000
Buildings and buidling improvements 5,000
Machinery and Equipment 10,000
Office eqipment 25,000
Vehicle or fleet 10,000
Infrastructure 250,000
Capitalization Threshold
Such assets are recorded at historical cost or estimated historical cost if purchased or constructed.
Donated capital assets are recorded at estimated fair market value at the date of donation. During
2012, the City elected to use the modified approach for reporting street and trail system capital
assets.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially
extend assets lives are not capitalized.
Major outlays for capital assets and improvements are capitalized as projects are constructed.
Interest incurred during the construction phase of capital assets of business-type activities is
included as part of the capitalized value of the assets constructed. For the year ended December
31, 2013, no interest was capitalized in connection with construction in progress.
61
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 69
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Property, plant and equipment of the primary government, as well as the component units, is
depreciated using the straight line method over the following estimated useful lives:
Buildings and structures 5 – 30 years
Improvements other than buildings 5 – 30 years
Infrastructure 5 – 100 years
Machinery, furniture and equipment (including software) 3 – 30 years
Fleet 3 – 25 years
Temporary easements 3 – 5 years
Capital assets of the water utility and sewer utility operations include the water distribution system
and sewer collection system. These systems have been wholly (or substantially) financed by non-
operating funds (special assessments, general taxes, federal and state grants, and other sources)
and contribution to the Water and Sewer operating funds. City policy is to finance these assets by
the sources indicated rather than by user charges. Accordingly, the water and sewer user rates are
not established at levels sufficient to cover depreciation on these assets.
The City implemented GASB 51, Accounting and Financial Reporting for Intangible Assets
effective January 1, 2010, which required the City to capitalize and amortize intangible assets.
Pursuant to GASB Statement No. 51, the retroactive reporting of permanent easements is not
required and therefore, the City has elected not to report permanent easements acquired in years
prior to 2010. The City had already accounted for computer software at historical cost and
therefore retroactive reporting was not necessary.
The City elects to use the modified approach as defined by GASB Statement No. 34 for
infrastructure reporting of its streets. The City conducted a physical assessment in the Fall of
2012 of the condition of the streets. This condition assessment will be performed every 2 years.
Each segment of City owned street was assigned a physical condition based on potential defects.
A Overall Condition Index (OCI) was assigned to each segment. The index is expressed in a
continuous scale from 0 to 100, where 0 is assigned to the least acceptable physical condition and
100 is assigned to those segments that have the characteristic of a new street. The following
conditions were defined:
Range Description
86 - 100 Excellent
71 - 85 Very good
56 - 70 Good
41 - 55 Fair
26 - 40 Poor
11 - 25 Very poor
0 - 10 Failed
The City’s policy relative to maintaining the street and trail assets is to achieve an average rating
of “Good” for all segments. This acceptable rating allows minor cracking and patching of the
pavement along with minor roughness that could be noticeable to the users of the system.
62
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 70
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
N. COMPENSATED ABSENCES
It is the City's policy to permit employees to accumulate earned but unused vacation, sick pay and
flex leave benefits. No liability is recorded for unpaid accumulated sick leave, except for that
portion that is payable as severance. All liabilities for vacation leave, flex leave and severance,
both current and long-term, are recorded in the Employee Benefits Fund, an Internal Service Fund
for governmental funds, and in the individual enterprise funds when incurred. The personnel
ordinance limits the annual accumulation of benefits that can be accumulated from year-to-year.
A liability for these amounts is reported in governmental funds only if they have matured, for
example, as a result of employee resignations and retirements.
O. LONG-TERM OBLIGATIONS
In the government-wide financial statements and proprietary fund types in the fund financial
statements, long-term debt and other long-term obligations are reported as liabilities in the
applicable governmental activities, business-type activities, or proprietary fund type statement of
net position. Bond premiums and discounts are deferred and amortized over the life of the bonds
using the effective interest method.
In the fund financial statements, governmental fund types recognize bond premiums and discounts
during the current period. The face amount of debt issued is reported as other financing sources.
Premiums received on debt issuances are reported as other financing sources while discounts on
debt issuances are reported as other financing uses.
P. FUND BALANCE CLASSIFICATIONS
In the fund financial statements, governmental funds report fund balance in classifications that
disclose constraints for which amounts in those funds can be spent. These classifications are as
follows:
Nonspendable - consists of amounts that are not in spendable form, such as prepaid items.
Restricted - consists of amounts related to externally imposed constraints established by
creditors, grantors or contributors; or constraints imposed by state statutory provisions.
Committed - consists of internally imposed constraints. These constraints are established by
Resolution of the City Council.
Assigned - consists of internally imposed constraints. These constraints reflect the specific
purpose for which it is the City’s intended use. These constraints are established by the City
Council and/or management. Pursuant to City Council Resolution, the City’s Controller
and/or City Manager is authorized to establish assignments of fund balance.
Unassigned - is the residual classification for the general fund and also reflects negative
residual amounts in other funds.
63
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 71
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
When both restricted and unrestricted resources are available for use, it is the City’s policy to first
use restricted resources, then use unrestricted resources as they are needed.
When committed, assigned or unassigned resources are available for use, it is the City’s policy to
use resources in the following order; 1) committed 2) assigned and 3) unassigned.
Q. INTERFUND TRANSACTIONS
Interfund services provided and used are accounted for as revenues, expenditures or expenses.
Transactions that constitute reimbursements to a fund for expenditures/expenses initially made
from it that are properly applicable to another fund, are recorded as expenditures/expenses in the
reimbursing fund and as reductions of expenditures/expenses in the fund that is reimbursed.
Interfund loans are reported as an interfund loan receivable or payable which offsets the
movement of cash between funds. All other interfund transactions are reported as transfers.
R. COMPARATIVE TOTALS AND RECLASSIFICATIONS
The basic financial statements and schedules, required supplementary information, and combining
and individual fund financial statements include certain prior-year summarized comparative
information in total but not at the level of detail required for a presentation in conformity with
generally accepted accounting principles. Accordingly, such information should be read in
conjunction with the government’s financial statements for the year ended December 31, 2012,
from which the summarized information was derived. In addition, certain amounts in the prior
year have been reclassified to conform with the current year presentation.
S. NET POSITION
Net position represents the difference between assets and liabilities. Net position is displayed in
three components.
a) Net investment in capital assets – consists of capital assets, net of accumulated
depreciation reduced by any outstanding debt attributable to acquire capital assets.
b) Restricted net position – consist of net position restricted when there are limitations
imposed on their use through external restrictions imposed by creditors, grantors, laws or
regulations of other governments.
c) Unrestricted net position – all other net position that do not meet the definition of
“restricted” or “net investment in capital assets”.
T. USE OF ESTIMATES
The preparation of financial statements in accordance with generally accepted accounting
principles (GAAP) requires management to make estimates that affect amounts reported in the
financial statements during the reporting period. Actual results could differ from such estimates.
64
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 72
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
U. RECLASSIFICATIONS
During 2013, the City reorganized the previous functions of Parks and Recreation and Public
Works to two new functions: Operations and Recreation and Engineering. Certain amounts
presented as prior year data have been reclassified in order to be consistent with the current year’s
presentation.
V. DEFERRED OUTFLOWS/INFLOWS OF RESOURCES
In addition to assets, the statement of financial position will sometimes report a separate section
for deferred outflows of resources. This separate financial statement element, deferred outflows of
resources, represents a consumption of net position that applies to a future period(s) and so will
not be recognized as an outflow of resources (expense/expenditure) until then. The government
has no items that qualify for reporting in this category.
In addition to liabilities, the statement of financial position will sometimes report a separate
section for deferred inflows of resources. This separate financial statement element, deferred
inflows of resources, represents an acquisition of net position that applies to a future period(s) and
so will not be recognized as an inflow of resources (revenue) until that time. The government has
one type of item, which arises only under a modified accrual basis of accounting, that qualifies for
reporting in this category. Accordingly, the item, unavailable revenue, is reported only in the
governmental fund balance sheet. The governmental funds report unavailable revenues from the
following sources: property taxes, special assessments, bond reimbursement payments not yet due
and other miscellaneaous unavailable revenue.
Note 2 DEPOSITS AND INVESTMENTS
A. DEPOSITS
In accordance with Minnesota Statutes, the City maintains deposits at those depository banks
authorized by the City Council, all of which are members of the Federal Reserve System.
Minnesota Statutes require that securities pledged as collateral be held in safekeeping by the City
Treasurer or in a financial institution other than that furnishing the collateral. Authorized
collateral includes the following:
1. United States government treasury bills, treasury notes, treasury bonds;
2. Issues of United States government agencies and instrumentalities as quoted by a recognized
industry quotation service available to the government entity;
3. General obligation securities of any state or local government with taxing powers which is
rated “A” or better by a national bond rating service, or revenue obligation securities of any
state or local government with taxing powers which is rated “AA” or better by a national
bond rating service;
65
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 73
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
4. General obligation securities of a local government with taxing powers may be pledged as
collateral against funds deposited by that same local government entity;
5. Irrevocable standby letters of credit issued by Federal Home Loan Banks to a municipality
accompanied by written evidence that the bank’s public debt is rated “AA” or better by
Moody’s Investors Service, Inc. or Standard & Poor’s Corporation; and
6. Time deposits that are fully insured by any federal agency.
Custodial Credit Risk - deposits – Custodial credit risk is the risk that in the event of a bank
failure, the City’s deposits may not be returned to it. Minnesota Statutes require that insurance,
surety bonds or collateral protect all City deposits. The market value of collateral pledged must
equal 110% of deposits not covered by insurance or bonds. The City has no additional deposit
policies addressing custodial credit risk. As of December 31, 2013, the bank balance of the City’s
deposits was $1,628,879, all of which was covered by federal depository insurance or by
collateral pledged and held in the City’s name.
B. INVESTMENTS
Minnesota Statutes authorize the City to invest in the following:
1. Direct obligations or obligations guaranteed by the United States or its agencies, its
instrumentalities, or organizations created by an act of congress, excluding mortgage-backed
securities defined as high risk.
2. Shares of investment companies registered under the Federal Investment Company Act of
1940 and whose only investments are in securities described in (a) above, general obligation
tax-exempt securities, or repurchase or reverse repurchase agreements.
3. State and local securities as follows:
a) any security which is a general obligation of any state or local government with taxing
powers which is rated “A” or better by a national bond rating service;
b) any security which is a revenue obligation of any state or local government with taxing
powers which is rated “AA” or better by a national bond rating service; and
c) a general obligation of the Minnesota Housing Finance Agency which is a moral
obligation of the State of Minnesota and is rated “A” or better by a national bond rating
agency.
4. Bankers acceptance of United States banks.
5. Commercial paper issued by United States corporations or their Canadian subsidiaries, of the
highest quality, and maturing in 270 days or less.
6. Repurchase or reverse repurchase agreements with banks that are members of the Federal
Reserve System with capitalization exceeding $10,000,000; a primary reporting dealer in U.S.
government securities to the Federal Reserve Bank of New York; certain Minnesota securities
broker-dealers; or, a bank qualified as a depositor.
66
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 74
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
7. General obligation temporary bonds of the same governmental entity issued under section
429.091, subdivision 7; 469.178, subdivision 5; or 475.61, subdivision 6.
At December 31, 2013, the City had the following investments and maturities:
Fair Less
Investment Type Rating Value Than 1 1-5 6-10 11-15
4M fund NR $2,712,524 $2,712,524 $ - $ - $ -
Money market mutual funds NR 21,187,179 21,187,179 - - -
Certificates of deposit NR 4,295,948 1,202,436 3,093,512 - -
Municipal bonds A - AAA 15,066,902 5,177,089 9,889,813 - -
Federal National Mortgage Assn.AAA 6,920,280 - 6,920,280 - -
Federal Home Loan Bank notes AAA 1,074,693 - 1,074,693 - -
Federal Home Loan Mortgage Corp. notes AAA 5,999,700 - 5,999,700 - -
Total $57,257,226 $30,279,228 $26,977,998 $0 $0
Total investments $57,257,226
Deposits 1,409,448
Bond escrow 4,082,882
Petty cash 4,084
Total cash and investments $62,753,640
Investment Maturities (in Years)
C. INVESTMENT RISKS
Custodial credit risk – investments – For investments in securities, custodial credit risk is the risk
that in the event of failure of the counterparty to a transaction, the City will not be able to recover
the value of its investment securities that are in the possession of an outside party. Investments in
investment pools and money markets are not evidenced by securities that exist in physical or book
entry form, and therefore are not subject to custodial credit risk disclosures. The City’s
investment policy requires the City’s security broker/dealers to provide its audited financial
statements, proof of NASD certification, proof of state registration, and certification of having
read, understood and agreed to comply with the City’s investment policy. Investments in
securities are held by the City’s broker-dealer of which $500,000 is insured through SIPC. Each
broker-dealer has provided additional protection by providing additional insurance. This
insurance is subject to aggregate limits applied to all of the broker-dealers accounts.
Interest rate risk – Interest rate risk is the risk that changes in interest rates of debt investments
could adversely affect the fair value of an investment. The City’s investment policy states the
investment portfolio will remain sufficiently liquid to enable the City to meet all operating and
capital requirements that might be reasonably anticipated. The maximum maturity of investments
shall not extend beyond five years, unless related to specific cash flow needs.
Credit Risk – Credit risk is the risk that an issuer or other counterparty to an investment will be
unable to fulfill its obligation to the holder of the investment. State law limits investments to
commercial paper to those rated in the highest quality category by at least two nationally
recognized rating agencies; in any security of the State of Minnesota or any of its municipalities
67
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 75
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
which is rated “A” or better by a national bond rating service for general obligation and rated
“AA” or better for a revenue obligation; a general obligation of the Minnesota Housing Finance
Agency to those rated “A” or better by a national bond rating agency; mutual funds or money
market funds whose investments are restricted to securities described in MS 118A.04. The City’s
investment policy does not place further restrictions on investment options. The City’s external
investment pool investment is with the 4M fund which is regulated by Minnesota Statutes and the
Board of Directors of the League of Minnesota Cities. The 4M fund is an unrated 2a7-like pool
and the fair value of the position in the pool is the same as the value of pool shares.
Concentration of credit risk – Concentration of credit risk is the risk of loss that may be attributed
to the magnitude of a government’s investment in a single issuer. The City’s investment policy
states no more than 50% of its investment portfolio can be invested in municipal bonds or MHFA
securities. Investments in a single issuer exceeding 5% of the City’s overall cash and investment
portfolio are in various holdings as follows:
Federal National Mortgage Assn.11.03%
Federal Home Loan Mortgage Corp. notes 9.56%
Note 3 RECEIVABLES
A. LOANS RECEIVABLE
The City has made loans to local businesses and individuals that qualify for various loan
programs. The businesses and individuals pay varying installments on the loans. Depending on
the loan program, some of the loans are secured by an interest in the property.
Also, some of the loans are forgivable after 30 years if certain criteria are met. As of December
31, 2013, any forgiveness of loans would not occur for another 20 – 30 years. At this time,
information is not available to develop an estimate for any loans which may be forgiven.
Therefore, no allowance has been recorded. As loan maturity dates approach, the City will
evaluate whether an allowance for forgivable loans should be recorded in the financial statements.
As of December 31, 2013, the loans receivable balance was $7,794,167.
68
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 76
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Significant receivable balances not expected to be collected within one year of December 31,
2013 are as follows:
Special Interfund
Loans Assessments Property Loans
Receivable Receivable Taxes Receivable Total
Major Funds:
General Fund $ - $ - $99,300 $ - $99,300
Housing Rehabilitation Fund 2,912,148 37,237 - - 2,949,385
Debt Service Fund 1,675,000 - - - 1,675,000
Permanent Improvement Revolving Fund - 8,726 - - 8,726
Development EDA Fund 1,600,071 973 - 6,801,995 8,403,039
Redevelopment District Fund 680,872 - 3,300 - 684,172
Water Utility Fund - 57,281 - - 57,281
Sewer Utility Fund - 845 - - 845
Solid Waste Fund - - - - -
Nonmajor Governmental Funds 420,787 10,949 - - 431,736
Total $7,288,878 $116,011 $102,600 $6,801,995 $14,309,484
Note 4 UNAVAILABLE REVENUE
Governmental funds report deferred inflows of resources in connection with receivables for revenues that
are not considered to be available to liquidate liabilities of the current period. At the end of the current
fiscal year, the various components of unavailable revenue reported in the governmental funds were as
follows:
Unavailable
Delinquent property taxes receivable (General Fund) $160,983
Delinquent property taxes receivable (Redevelopment District)5,358
Special assessments not yet due (Permanent Improvement Revolving)873,932
Special assessments not yet due (Housing Rehabilitation)7,679,259
Special assessments not yet due (Development EDA)1,951
Special assessments not yet due (Nonmajor Funds)205,259
Bond reimbursement payments not yet due (Debt Service Fund)1,710,000
Other miscellaneous (General Fund)1,600
Other miscellaneous (Redevelopment Districtrs)37,866
Other miscellaneous (Nonmajor Funds)16,135
Total unavailable revenue for governmental funds $10,692,343
69
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 77
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 5 CAPITAL ASSETS
In accordance with GASB Statement No. 34, the City has reported all capital assets including infrastructure
in the government-wide statement of net assets. The City has elected to use the modified approach as
defined by GASB Statement No. 34 for reporting of street infrastructure. As a result, no accumulated
depreciation or depreciation expense has been recorded for street infrastructure. Additional information of
the modified approach is presented in the Required Supplementary Information section of this report. All
other capital assets including other infrastructure systems were reported using the basic approach whereby
accumulated depreciation and depreciation expense have been recorded. Modified approach adjustments
represent the changes due to implementation of the modified approach for infrastructure reporting. Capital
asset activity for the year ended December 31, 2013 is as follows:
Beginning Ending
Primary Government Balance Increases Decreases Balance
Governmental activities:
Capital assets, not being depreciated:
Land $14,984,544 $34,322 $ - $15,018,866
Infrastructure - streets 26,011,544 - 26,011,544
Permanent easements 1,429,976 863,800 - 2,293,776
Construction in progress 429,629 1,105,455 543,810 991,274
Total capital assets, not being depreciated 42,855,693 2,003,577 543,810 44,315,460
Capital assets, being depreciated:
Buildings and structures 47,277,410 394,857 232,297 47,439,970
Improvements other than buildings 20,585,151 963,334 88,232 21,460,253
Infrastructure - other 30,957,090 172,893 - 31,129,983
Machinery, furniture and equipment 7,439,559 1,179,471 778,056 7,840,974
Fleet 7,252,529 619,233 529,023 7,342,739
Total capital assets, being depreciated 113,511,739 3,329,788 1,627,608 115,213,919
Less accumulated depreciation for:
Buildings and structures 9,821,796 1,106,153 210,496 10,717,453
Improvements other than buildings 9,329,101 1,055,224 78,162 10,306,163
Infrastructure 12,914,433 1,147,445 - 14,061,878
Machinery, furniture and equipment 3,793,142 631,433 620,375 3,804,200
Fleet 3,922,469 624,359 444,252 4,102,576
Total accumulated depreciation 39,780,941 4,564,614 1,353,285 42,992,270
Total capital assets being depreciated - net 73,730,798 (1,234,826) 274,323 72,221,649
Governmental activities capital assets - net $116,586,491 $768,751 $818,133 $116,537,109
70
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 78
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Beginning Ending
Primary Government Balance Increases Decreases Balance
Business-type activities:
Capital assets, not being depreciated:
Land $174,844 $ - $ - $174,844
Construction in progress 103,540 - 101,662 1,878
Total capital assets, not being depreciated 278,384 0 101,662 176,722
Capital assets, being depreciated:
Buildings and structures 4,767,723 - - 4,767,723
Improvements other than buildings 7,093,645 - - 7,093,645
Infrastructure 48,869,095 1,036,766 - 49,905,861
Machinery, furniture and equipment 5,304,396 - - 5,304,396
Total capital assets, being depreciated 66,034,859 1,036,766 0 67,071,625
Less accumulated depreciation for:
Buildings and structures 3,450,641 127,779 - 3,578,420
Improvements other than buildings 2,095,067 289,280 - 2,384,347
Infrastructure 26,586,561 761,994 - 27,348,555
Machinery, furniture and equipment 1,651,989 337,705 - 1,989,694
Total accumulated depreciation 33,784,258 1,516,758 0 35,301,016
Total capital assets being depreciated - net 32,250,601 (479,992)0 31,770,609
Business-type activities capital assets - net $32,528,985 ($479,992) $101,662 $31,947,331
Depreciation expense was charged to functions/programs of the primary government as follows:
Governmental activities:
General government $119,101
Public safety 459,921
Engineering 8,944
Operations and recreation 2,457,150
Public information 42,264
Economic development 130,009
Internal service 1,347,225
Total depreciation expense - governmental activities $4,564,614
Business-type activities:
Water $814,122
Sewer 127,190
Storm water 575,446
Total depreciation expense - business-type activities $1,516,758
71
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 79
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 6 CITY INDEBTEDNESS
The City issues general obligation bonds, to provide funds for the acquisition and construction of major
capital facilities. The reporting entity’s long-term debt is segregated between the amounts to be repaid
from governmental activities and amounts to be repaid from business-type activities. General obligation
bonds are direct obligations and pledge the full faith and credit of the City.
As of December 31, 2013, long-term debt of the City consisted of the following:
Final Authorized
Issue Maturity Interest And Outstanding
Date Date Rates Issued 12/31/13
Governmental Activities:
General Long-Term Debt:
General Improvement Bonds:
G.O. Improvement Bonds Series 2005A 5/25/2005 2/1/2016 3.50-3.75% $3,705,000 $1,320,000
G.O. Improvement Bonds Series 2010A 5/7/2010 2/1/2031 1.25-5.7% 3,105,000 2,885,000
G.O. Improvement Refunding Bonds Series 2010B 5/7/2010 2/1/2025 2.0-3.5% 1,845,000 480,000
G.O. Improvement Refunding Bonds Series 2010C 12/29/2010 2/1/1940 3.0-5.65% 1,770,000 1,710,000
G.O. Improvement Bonds Series 2010D (BABS) 12/29/2010 2/1/2032 1.25-5.15% 13,025,000 12,500,000
G.O. Improvement Bonds Series 2012A HIA 10/17/2012 2/1/1933 0.75 - 3.90% 1,290,000 1,290,000
Total General Improvement Bonds 24,740,000 20,185,000
Tax Increment Bonds:
Tax Increment Refunding Bonds Series 2004A 4/7/2004 2/1/2018 2.50-3.70% 7,490,000 -
Tax Increment Refunding Bonds Series 2008B 12/11/2008 2/1/2024 3.25-4.63% 5,490,000 4,870,000
Total Tax Increment Bonds 12,980,000 4,870,000
Compensated absences payable N/A N/A N/A N/A 3,556,949
Total governmental activities 37,720,000 28,611,949
Business-Type Activities:
General Obligation Revenue Bonds:
Utility Revenue Bonds Series 2007A 6/5/2007 8/1/2023 4.00% 3,665,000 2,580,000
Utility Revenue Bonds Series 2008A 12/11/2008 8/1/2020 3.25-4.25% 4,075,000 3,025,000
Utility Refunding Revenue Bonds Series 2010B 5/7/2010 2/1/2025 2.0-3.5% 4,090,000 3,010,000
Utility Crossover Refunding Bonds Series 2013A 7/1/2013 8/1/2023 1.0-1.9% 4,170,000 4,170,000
Total General Obligation Revenue Bonds 16,000,000 12,785,000
Compensated absences payable N/A N/A N/A N/A 146,549
Total business-type activities 16,000,000 12,931,549
Total City $53,720,000 $41,543,498
72
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 80
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
GOVERNMENTAL ACTIVITIES
Annual debt service requirements to maturity for the governmental activities long-term debt are as follows:
Year Ending
December 31 Principal Interest Principal Interest
2014 $1,630,000 $834,456 $340,000 $197,962
2015 1,180,000 799,315 355,000 185,800
2016 1,215,000 764,186 370,000 172,650
2017 765,000 734,349 395,000 157,813
2018 785,000 710,079 415,000 141,613
2019 800,000 682,791 435,000 124,613
2020 825,000 652,213 460,000 105,563
2021 855,000 618,781 485,000 84,300
2022 875,000 583,195 510,000 61,913
2023 900,000 545,327 535,000 38,400
2024 935,000 502,893 570,000 13,181
2025 965,000 456,076 - -
2026 1,000,000 407,325 - -
2027 1,045,000 356,131 - -
2028 1,075,000 302,564 - -
2029 1,120,000 246,608 - -
2030 1,165,000 187,819 - -
2031 1,210,000 126,481 - -
2032 1,015,000 69,578 - -
2033 160,000 40,290 - -
2034 80,000 34,505 - -
2035 85,000 30,070 - -
2036 90,000 25,323 - -
2037 95,000 20,258 - -
2038 100,000 14,870 - -
2039 105,000 9,155 - -
2040 110,000 3,108 - -
Total $20,185,000 $9,757,746 $4,870,000 $1,283,808
G.O. Tax Increment Bonds
Governmental ActivitiesGovernmental Activities
G.O. Improvement Bonds
It is not practicable to determine the specific year for payment of long-term accrued compensated absences.
73
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 81
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
BUSINESS-TYPE ACTIVITIES
Annual debt service requirements to maturity for the business-type long-term debt are as follows:
Year Ending
December 31 Principal Interest
2014 $1,015,000 $352,614
2015 3,190,000 319,093
2016 2,995,000 201,474
2017 910,000 100,568
2018 925,000 88,855
2019 940,000 76,693
2020 960,000 61,943
2021 460,000 45,080
2022 475,000 34,741
2023 490,000 23,201
2024 210,000 10,990
2025 215,000 3,763
Total $12,785,000 $1,319,013
G.O. Revenue Bonds
Governmental Activities
It is not practicable to determine the specific year for payment of long-term accrued compensated absences.
74
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 82
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
CHANGE IN LONG-TERM LIABILITIES
Long-term liability activity for the year ended December 31, 2013 was as follows:
Balance Additions Reductions Balance One Year
Governmental activities:
Bonds payable:
G.O. improvement bonds $21,730,000 $ - $1,545,000 $20,185,000 $1,630,000
G.O. tax increment bonds 6,600,000 - 1,730,000 4,870,000 340,000
Add:
Premiums on bonds 8,084 - 2,405 5,679 -
Discounts on bonds (172,293) - (38,230) (134,063) -
Total bonds payable 28,165,791 0 3,239,175 24,926,616 1,970,000
Compensated absences 3,583,709 2,032,294 2,059,054 3,556,949 2,489,865
Total government activity
long-term debt $31,749,500 $2,032,294 $5,298,229 $28,483,565 $4,459,865
Business-type activities:
Bonds payable:
G.O. revenue bonds $9,600,000 $4,170,000 $985,000 $12,785,000 $1,015,000
Add:
Premiums on bonds 22,899 15,407 3,284 35,022 -
Total bonds payable 9,622,899 4,185,407 988,284 12,820,022 1,015,000
Compensated absences 174,232 112,318 140,001 146,549 102,584
Total business-type activity
long-term debt $9,797,131 $4,297,725 $1,128,285 $12,966,571 $1,117,584
For governmental activities, compensated absences are paid out of the Employee Administrative internal
service fund.
ADVANCE CROSSOVER REFUNDING
On July 10, 2013, the City issued $4,170,000 in General Obligation Refunding Bonds, Series 2013A with
an average interest rate of 1.373% to advance refund $2,145,000 of outstanding Series 2007A Bonds with
an average interest rate of 4.00% and $1,840,000 of outstanding Series 2008A Bonds with an average
interest rate of 4.12%. The net proceeds of $4,106,498 were used to purchase U.S. Government Securities.
Those securities were deposited in an irrevocable trust with an escrow agent to provide for the interest on
the refunding bonds before the crossover date and called principal on the refunded bonds on August 1,
2015 for Series 2013A Bonds and August 1, 2016 for the Series 2008A Bonds.
The City advance refunded the 2007A General Obligation Utility Revenue Bonds Bonds and 2008A
General Obligation Utility Revenue Bonds Bonds to reduce its total debt service payments from 2014 to
2023 by $234,091 and to obtain an economic gain (difference between the present value of the debt service
payments on the old and new debt) of $215,954.
The City is responsible for the debt service of the refunded bonds before the crossover date and the debt
service of the refunding bonds after the crossover date. The debt service of the refunding bonds before the
crossover date is payable from the escrow account. Assets held with the escrow agent total $4,082,882 at
December 31, 2013.
75
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 83
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Refunded Bonds Refunded Bonds Refunding Bonds
Payment Date 2007A 2008A 2013A Escrow Account City
2014 $318,200 $497,913 $56,634 $56,634 $816,113
2015 314,600 499,613 53,513 53,513 814,213
2016 2,145,000 500,788 363,513 2,198,513 810,788
2017 - 1,840,000 790,412 1,840,000 790,412
2018 - - 793,012 - 793,012
2019 - - 795,513 - 795,513
2020 - - 801,012 - 801,012
2021 - - 284,775 - 284,775
2022 - - 290,455 - 290,455
2023 - - 290,415 - 290,415
$2,777,800 $3,338,314 $4,519,254 $4,148,660 $6,486,708
Debt Service Commitment
REVENUE PLEDGED
Future revenue pledged for the payment of long-term debt is as follows:
Percent of Debt service Remaining Principal Pledged
Use of total as a % of Term of Principal and Interest Revenue
Bond Issue Proceeds Type debt service net revenues Pledge and Interest paid received
2012A Taxable GO Housing Imp. Area Housing Improvement Area Fee 100% N/A 2012-2033 1,743,304 27,404 186,053
2004 Tax Increment Refunding Recreation Building TIF 100% N/A 2005-2018 - 1,467,239 -
2008B GO Tax Increment Street Improvements TIF 100% 100% 2009-2024 6,153,806 524,031 524,031
2007A GO Utility Revenue Utility Infrastructure Projects Utility charges 100% 100% 2008-2023 3,182,000 316,400 316,400
2008A GO Utility Revenue Utility Infrastructure Projects Utility charges 100% 100% 2009-2020 3,532,975 494,775 494,775
2010A Taxable GO Housing Imp. Area Housing Improvement Area Fee 100% 99% 2011-2031 4,407,731 246,863 249,700
2010B GO Utility Infrastructure Projects Utility charges/Special Assessments 100% 100% 2011-2025 3,953,446 977,468 977,468
2010C GO Refunding - Louisiana Crt Louisiana Court Project Operating revenues of La Crt 100% 100% 2011-2040 3,152,753 118,730 102,030
2013A GO Crossover Refunding Utility Infrastructure Projects Utility charges 100% 0% 2013-2023 4,519,254 - 29,878
Revenue Pledged Current Year
76
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 84
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 7 DEFINED BENEFIT PENSION PLANS - STATEWIDE
A. PUBLIC EMPLOYEES RETIREMENT ASSOCIATION (PERA)
PLAN DESCRIPTION
All full-time and certain part-time employees of the City are covered by defined benefit plans
administered by the Public Employees Retirement Association of Minnesota (PERA). PERA
administers the General Employees Retirement Fund (GERF) and the Public Employees Police and Fire
Fund (PEPFF) which are cost-sharing, multiple-employer retirement plans. These plans are established
and administered in accordance with Minnesota Statute, Chapters 353 and 356.
GERF members belong to either the Coordinated Plan or the Basic Plan. Coordinated Plan members are
covered by Social Security and Basic Plan members are not. All new members must participate in the
Coordinated Plan. All police officers, firefighters and peace officers who qualify for membership by
statute are covered by the PEPFF.
PERA provides retirement benefits as well as disability benefits to members, and benefits to survivors
upon death of eligible members. Benefits are established by State Statute, and vest after three years of
credited service. The defined retirement benefits are based on a member’s highest average salary for any
five successive years of allowable service, age, and years of credit at termination of service.
The benefit provisions stated in the previous paragraphs of this section are current provisions and apply
to active plan participants. Vested, terminated employees who are entitled to benefits but are not
receiving them yet, are bound by the provisions in effect at the time they last terminated their public
service.
PERA issues a publicly available financial report that includes financial statements and required
supplementary information for GERF and PEPFF. That report may be obtained on the internet at
www.mnpera.org, by writing to PERA, 60 Empire Drive #200, St. Paul, Minnesota, 55103-2088 or by
calling (651)296-7460 or 1-800-652-9026.
FUNDING POLICY
Minnesota Statutes Chapter 353 sets the rates for employer and employee contributions. These statutes
are established and amended by the state legislature. The City makes annual contributions to the pension
plans equal to the amount required by state statutes. GERF Basic Plan members and Coordinated Plan
members were required to contribute 9.10% and 6.25%, respectively, of their annual covered salary in
2013. PEPFF members were required to contribute 9.6% of their annual covered salary in 2013. The
City was required to contribute the following percentages of annual covered payroll in 2013: 11.78% for
Basic Plan GERF members, 7.25% for Coordinated Plan GERF members, and 14.4% for PEPFF
members. The City’s contributions to the General Employees Retirement Fund for the years ending
December 31, 2013, 2012 and 2011 were $908,820, $885,317 and $857,443, respectively. The City’s
contributions to the Public Employees Police and Fire Fund for the years ending December 31, 2013,
2012 and 2011 were $893,398, $888,599 and $863,791, respectively. The City’s contributions were
equal to the contractually required contributions for each year as set by state statute.
77
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 85
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 8 OTHER POST-EMPLOYMENT BENEFITS
In 2008, the City prospectively implemented the requirement of a new accounting pronouncement, GASB
Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other
than Pensions.
A. PLAN DESCRIPTION
In addition to providing the pension benefits described in Note 6, the City provides post-
employment health care benefits (as defined in paragraph B) for retired employees through a
single-employer defined benefit plan. The City’s OPEB plan is administered by the City. The
authority to provide these benefits is established in Minnesota Statutes Sections 471.61 Subd. 2a,
and 299A.465. The benefits, benefit levels, employee contributions and employer contributions
are governed by the City and can be amended by the City through its personnel manual and
collective bargaining agreements with employee groups. The Plan is not accounted for as a trust
fund, as an irrevocable trust has not been established to account for the Plan. The Plan does not
issue a separate report.
B. BENEFITS PROVIDED
Retirees
The City is required by State Statute to allow retirees to continue participation in the City’s group
health insurance plan if the individual terminates service with the City through service retirement
or disability retirement. Police officers, firefighters, sergeants, and dispatchers age 50 and over
with 3 years of service, or age 65 with 1 year of service may continue medical and dental
coverage at their own expense. Non-union and 49ers union employees age 55 with 3 years of
service, age 65 with 1 year of service, any age with 30 years of service, or those whose age plus
service is at least 90 may continue medical and dental coverage at their own expense. Employees
may obtain dependent coverage at retirement only if the employee was receiving dependent
coverage immediately prior to retirement. The surviving spouse of an active employee may
continue coverage in the group health insurance plan after the employee’s death.
All health care coverage is provided through the City’s group health insurance plans. The retiree
is required to pay 100% of their premium cost for the City-sponsored group health insurance plan
in which they participate. The premium is a blended rate determined on the entire active and
retiree population. Since the projected claims costs for retirees exceed the blended premium paid
by retirees, the retirees are receiving an implicit rate subsidy (benefit). The coverage levels are
the same as those afforded to active employees. Upon a retiree reaching age 65 years of age,
Medicare becomes the primary insurer and the City’s plan becomes secondary.
78
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 86
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
C. PARTICIPANTS
As of the actuarial valuation dated January 1, 2013, participants consisted of:
Retirees and beneficiaries currently
purchasing health insurance through the City 24
Active employees 236
Total 260
Participating employers 1
D. FUNDING POLICY
The additional cost of using a blended rate for actives and retirees is currently funded on a pay-as-
you-go basis. Contribution requirements are negotiated between the City and union
representatives and established by Council for nonunion groups.
E. ANNUAL OPEB COSTS AND NET OPEB OBLIGATION
The City’s annual other post employment benefit (OPEB) cost is calculated based on the annual
required contribution (ARC) of the employer, an amount actuarially determined in accordance
with the parameters of GASB Statement No. 45. The ARC represents a level of funding that, if
paid on an ongoing basis, is projected to cover normal cost each year and amortize any unfunded
actuarial liabilities (or funding excess) over a period not to exceed 30 years. The net OPEB
obligation as of December 31, 2013, was calculated as follows:
Annual required contribution (ARC)$602,190
Interest on net OPEB obligation 64,189
Adjustment to ARC (92,801)
Annual OPEB cost 573,578
Contributions made during the year (233,390)
Increase (decrease) in net OPEB obligation 340,188
Net OPEB obligation - beginning of year 1,604,719
Net OPEB obligation - end of year $1,944,907
For governmental activities, the net OPEB obligation has been and is anticipated to be liquidated
by the Employee Administrative internal service fund.
79
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 87
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
The City’s annual OPEB cost, the percentage of annual OPEB cost contributed to the plan and the
net OPEB obligation for the previous three years was as follows:
Percentage of
Fiscal Year Annual OPEB Employer Annual OPEB Cost Net OPEB
Ended Cost Contributions Contributed Obligation
December 31, 2011 $366,477 $84,299 23.0% $1,332,139
December 31, 2012 377,765 105,185 27.8% 1,604,719
December 31, 2013 573,578 233,390 40.7%1,944,907
F. FUNDED STATUS AND FUNDING PROGRESS
The City currently has no assets that have been irrevocably deposited in a trust for future health
benefits, therefore, the actuarial value of assets is zero. The funded status of the plan was as
follows:
Unfunded
Actuarial Actuarial UAAL as a
Actuarial Actuarial Accrued Accrued Funded Covered Percentage of
Valuation Value of Assets Liability (AAL)* Liability (UAAL) Ratio Payroll Covered Payroll
Date (a) (b) (b-a) (a/b) (c) ( (b-a) / c)
January 1, 2013 $0 $5,140,716 $5,140,716 0.0% $17,338,372 29.6%
*Using the Projected Unit Credit cost method.
G. ACTUARIAL METHODS AND ASSUMPTIONS
Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and
assumptions about the probability of occurrence of events far into the future. Examples include
assumptions about future employment, mortality and the health care cost trend. Amounts
determined regarding the funded status of the plan and the annual required contributions (ARC) of
the employer are subject to continual revision as actual results are compared with past
expectations and new estimates are made about the future. The schedule of funding progress,
presented as required supplementary information following the notes to financial statements,
presents multi-year trend information that shows whether the actuarial value of plan assets is
increasing or decreasing over time relative to the actuarial accrued liabilities for benefits.
Projections of benefits for financial reporting purposes are based on the substantive plan (the plan
as understood by the employer and plan members) and include the types of benefits provided at
the time of each valuation and the historical pattern of sharing of benefit costs between the
employer and plan members to that point. The actuarial methods and assumptions used include
techniques that are designed to reduce the effect of short-term volatility in actuarial accrued
liabilities and the actuarial value of assets, consistent with the long-term perspective of the
calculations.
80
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 88
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
In the January 1, 2013 actuarial valuation, the Projected Unit Credit cost method was used. The
actuarial assumptions included a 4.0% investment rate of return (net of administrative expenses)
and an initial annual health care cost trend rate of 8% reduced by .5% each year to arrive at an
ultimate health care cost trend rate of 5.0%, which includes a 3% inflation assumption.
The actuarial value of assets was $0. The plan’s unfunded actuarial accrued liability is being
amortized using the level dollar over 30 years on an open basis. The remaining amortization
period at December 31, 2013 was 30 years.
Note 9 INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS
The City has established interfund loans to finance infrastructure improvements, project reimbursements,
housing rehabilitation loans and to provide initial financing for TIF districts. A summary at December 31,
2013 is as follows:
Interfund Interfund
Loan Loan
Receivable Payable
Major Funds:
Housing Rehabilitation $ - $2,825,156
Development EDA 6,699,495 -
Redevelopment District - 3,874,339
Total $6,699,495 $6,699,495
The City provides temporary advances to funds that have insufficient cash balances by means of an
advance from another fund shown as due from other funds in the advancing fund, and a due to other fund
in the fund with the deficit, until adequate resources are received. Amounts reported as due to/from other
funds at December 31, 2013 are as follows:
Due From Due To
Other Funds Other Funds
Major Funds:
PIR $1,484,082 $ -
Street Capital Projects - 434,815
Water utility - 343,494
Sewer utility 343,494 -
Sidewalks and trails - 97,671
Other:
Capital replacement - 943,989
Community development - 7,607
Total $1,827,576 $1,827,576
81
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 89
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Interfund transfers at December 31, 2013 are as follows:
Transfers Transfers
Notes #'s In Out Notes #'s
General Fund (3) (5) (9) $2,886,719 $60,000 (8)
Parks and Recreation Fund - 1,081,497 (9)
Housing Rehabilitation Fund (1)500,000 236,380 (3) (4) (10)
Debt Service Fund (4) (6) (10) 2,643,827 4,081 (4) (6)
Fire Station Bond Fund (2)692,098 -
PIR Fund (4)4,023 951,445 (1) (2) (4) (5)
Streets Capital Projects Fund (2)3,685,867 -
EDA Fund - 415,952 (2) (4)
Redevelopment Districts Fund - 5,699,753 (1) (2) (4)
Nonmajor Governmental Fund (8)60,000 1,082,081 (2) (3)
Water Fund - 536,641 (2) (3) (7)
Sewer Fund - 722,052 (2) (3) (7)
Solid Waste Fund - 213,466 (2) (3) (7)
Storm Water Fund - 289,768 (2) (3) (7)
Internal Service Fund (1) (2) (7) 926,753 106,171 (2)
$11,399,287 $11,399,287
(1) To achieve fund balance policy and long term sustainability.
(2) To provide funding for capital improvement projects.
(3) For administrative and overhead costs of the General Fund.
(4) To provide funding for debt service payments.
(5) Transfer for special assessments.
(6) To transfer Louisiana Court interest on reserve to debt service.
(7) For funding technology replacement.
(8) For unfunded administrative expense in CDBG fund
(9) To close Parks and Recreation fund into the General Fund
(10) To eliminate negative cash
Interfund transfers allow the City to allocate financial resources to the funds that receive benefit from
services provided by another fund or to establish or close funds. All of the City’s interfund transfers fall
under these categories and are considered routine and consistent with previous practices.
82
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 90
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 10 FUND BALANCE/NET POSITION
A. CLASSIFICATIONS
At December 31, 2013, a summary of the governmental fund balance classifications are as
follows:
Major Funds:
General Fund:
Nonspendable - prepaid items $52,248
Nonspendable - inventory 204,003
Restricted for E-911 purposes 498,922
Assigned for Inspections 550,000
Assigned for DWI enforcement 141,171
Housing Rehabilitation:
Nonspendable - long-term loans receivable 2,912,148
Debt Service Funds:
Restricted for debt service 2,409,643
4040 Fire Station Bonds
Restricted for debt service 461
Permanent Improvement Revolving:
Assigned for capital improvements 3,294,485
Development EDA:
Nonspendable - interfund loan receivable 6,699,495
Nonspendable - long-term loans receivable 1,600,071
Nonspendable - land held for resale 2,256,816
Assigned for redevelopment efforts 13,707,091
Redevelopment District:
Restricted for tax increment purposes 3,048,433
Restricted for housing redevelopment 2,134,066
Other Governmental Funds:
Nonspendable - long-term loans receivable 420,787
Restricted for cable tv equipment purchases 630,933
Restricted for police and fire purchases 3,545,540
Committed for cable tv programming 467,682
Assigned for cable tv programming 467,538
Assigned for special service districts 315,794
Assigned for development of parks 3,572,457
Assigned for street rehabilitation 1,567,707
All Governmental Funds:
Unassigned 7,321,939
Total fund balance $57,819,430
83
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 91
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
At December 31, 2013, the City reported $13,560,965 of restricted net position on the Statement of Net
Position as follows:
Restricted for:
Tax increment $3,048,433
E-911 purposes 498,922
Debt service 3,703,071
Cable TV equipment 630,933
Police and fire purpsoes 3,545,540
Housing and redevelopment 2,134,066
Total $13,560,965
B. MINIMUM FUND BALANCE POLICY
The City Council has formally adopted a fund balance policy for the General Fund and the Parks
and Recreation Fund.
The policy establishes a year-end target of unassigned fund balance amount for cash flow timing
needs in the range of 35-50% of the subsequent years budget expenditures. At December 31,
2013, the unassigned fund balance for the General Fund was 47% of the subsequent year’s
budgeted expenditures.
84
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 92
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 11 DEFICIT FUND BALANCE/NET POSITION
At December 31, 2013, individual funds with deficit fund balance/net position are as follows:
Amount Future Financing Source
Capital Project Funds:
Street Capital Projects ($1,553,605) Future transfers and MSA
Sidewalks and Trails (97,671) Future transfers and MSA
Redevelopment District:
Eliot Park TIF District (746) Future tax increment
Ellipse TIF District (79,883) Future tax increment
Edgewood TIF District (772) Future tax increment
Elmwood Village (2,773,245) Future tax increment
Hard Coat TIF District (33,741) Future tax increment
Internal Service Funds:
Employee Administrative (4,670,465) Future transfers
Total ($9,210,128)
Note 12 COMMITMENTS AND CONTINGENCIES
A. RISK MANAGEMENT
The City is exposed to various risks of loss related to torts; theft of, damage to, and destruction of
assets; errors and omissions; injuries to employees; and natural disasters. The City continues to
carry commercial insurance for risks of loss, including workers compensation, property and
general liability and employee health and accident insurance. There were no significant
reductions in insurance from the previous year or settlements in excess of insurance coverage for
any of the past three fiscal years.
PROPERTY AND CASUALTY INSURANCE
Property and casualty insurance coverage is provided through the League of Minnesota Cities
Insurance Trust (LMCIT), a public entity risk pool currently operating as a common risk
management and insurance program for Minnesota cities: general liability, excess liability
property, automobile, marine, crime, employee dishonesty, boiler, general liability and open
meeting law.
The City pays an annual premium to the LMCIT for its insurance coverage. The LMCIT is self-
sustaining through member premiums and reinsures through commercial companies for claims in
excess of various amounts. The City retains risk for the deductible portions of the insurance
policies. The deductible amounts are $50,000 for each occurrence and a $150,000 annual
aggregate.
Current State Statute (Minnesota Statute subd. 466.04) provides limits of liability for the City.
These limits are that the combination of defense expense and indemnification expense shall not
85
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 93
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
exceed $500,000 in the case of one claimant or $1,500,000 for any number of claims arising out
of a single occurrence.
WORKERS COMPENSATION INSURANCE
Up until December 1, 2003, the City was self-insured on workers compensation coverage up to
maximum claim losses of $280,000. Individual claim amounts in excess of $280,000 are covered
by the State of Minnesota’s Workers Compensation Reinsurance Association (WCRA) as required
by law. The City carried an excess employer’s liability indemnity policy as well as an employer’s
liability policy which limited the City’s exposure. The maximum retention for each accident was
$626,861 under the excess liability policy and $750,000 under the employer’s liability policy.
After December 1, 2003, the City is insured through the LMCIT for workers compensation.
The City established the Uninsured Loss Fund to account for and finance its uninsured risk of loss
related to injuries to employees. Under this program, the Uninsured Loss Fund provides coverage
for maximum individual claims losses of $280,000 or $626,861 per accident. Premiums are paid
into the Internal Service Fund by all other funds and are available to pay claims, claim reserves
and administrative costs of the program. At December 31, 2013, the estimated liability for unpaid
claims was immaterial and therefore, has not been recorded in the financial statements.
B. LITIGATION
The City attorney has indicated that existing and pending lawsuits, claims and other actions in
which the City is a defendant are either covered by insurance; of an immaterial amount; or, in the
judgment of the City attorney, remotely recoverable by plaintiffs.
C. FEDERAL AND STATE FUNDS
The City receives financial assistance from federal and state governmental agencies in the form of
grants. The disbursement of funds received under these programs generally requires compliance
with the terms and conditions specified in the grant agreements and is subject to audit by the
grantor agencies. Any disallowed claims resulting from such audits could become a liability of
the applicable fund. However, in the opinion of management, any such disallowed claims will not
have a material effect on any of the financial statements of the individual fund types included
herein or on the overall financial position of the City at December 31, 2013.
D. TAX INCREMENT DISTRICTS
The City’s tax increment districts are subject to review by the State of Minnesota Office of the
State Auditor (OSA). Any disallowed claims or misuse of tax increments could become a liability
of the applicable fund. Management has indicated that they are not aware of any instances of
noncompliance which would have a material effect on the financial statements.
The City has issued several tax increment pay-as-you-go revenue notes. These notes are not a
general obligation of the City and are payable solely from tax increments. Accordingly, these
86
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 94
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
notes are not reflected in the financial statements of the City. Details of the pay-as-you-go
revenue notes are as follows:
Hoigaard Village - Tax Exempt Tax Increment Financing Revenue Bonds, Series 2010A – issued
in 2010, with a principal sum of $3,495,000, and an interest rate ranging from 1.50% - 5.00% per
annum. Semi-annual principal and interest payments shall be paid commencing February 1, 2011
and continuing through February 1, 2023. Payments are payable solely from available tax
increment, and the City shall have no obligation to pay any unpaid balance that may remain after
the final payment on February 1, 2023. At December 31, 2013 the principal amount outstanding
on the bonds was $2,825,000.
Hoigaard Village - Tax Increment Financing Revenue Note, Series 2010B – issued in 2010, with a
principal sum of $935,000, and an interest rate ranging from 1.50 – 5.00% per annum. Semi-
annual principal and interest payments shall be paid commencing February 1, 2011 and
continuing through February 1, 2023. Payments are payable solely from available tax increment,
and the City shall have no obligation to pay any unpaid balance that may remain after the final
payment on February 1, 2023. At December 31, 2013 the principal amount outstanding on the
note was $771,833.
E. LOUISIANA COURT PROJECT
The City of St. Louis Park has entered into an agreement with Project for Pride in Living
Louisiana Court Limited Partnership to issue $4,505,000 in General Obligation Bonds – Series
2000A for the purpose of acquiring and renovating certain rental housing facilities within the City
of St. Louis Park intended primarily for low and moderate income persons and their families.
During 2010, the 2000A bonds were refunded by the $1,770,000 General Obligation Refunding
Bonds, Series 2010C. The City of St. Louis Park will receive monthly principal and interest
payments from Project for Pride in Living Louisiana Court Limited Partnership to cover all debt
service obligations of the City of St. Louis Park on a semi-annual basis. In the event that the City
of St. Louis Park does not receive payment from Project for Pride in Living, the City of St. Louis
Park is still under obligation to make all debt service payments. At such time, the City of St.
Louis Park would pursue collection of above referenced principal and interest payments per the
agreement dated May 1, 2000. As of December 31, 2013, the outstanding amount on the bonds is
$1,710,000.
F. ECONOMIC DEVELOPMENT AUTHORITY
The Economic Development Authority (EDA) entered into a development agreement in 1993 with
Park Nicollet for the redevelopment of a former landfill site on Excelsior Boulevard and within
the Excelsior Boulevard tax increment district. A Hazardous Substance Tax Increment financing
subdistrict (HSTI) was also established at this time to pay the costs associated with the
environmental remediation. The development agreement between the EDA and Park Nicollet
established a payment schedule for the EDA to reimburse Park Nicollet from the HSTI tax
increment for the costs of the remediation.
87
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 95
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Based upon an initial estimate of $11,050,000 in remediation costs over 30 years, the development
agreement established a cap to the EDA’s share of these costs at $9,000,000. Park Nicollet is
responsible for $2,050,000 and any costs exceeding the total estimate of $11,050,000.
Reimbursements to Park Nicollet are limited to the increment revenue from the HSTI.
The costs associated with remediation are approximately $6,225,000. With Park Nicollet
responsible for the first $1,250,000, the EDA’s liability is estimated to be $4,975,000. The
development agreement stipulates EDA reimbursements to begin in 1998 and continue through
2022. The obligation was paid off in 2012 and the District was decertified in 2013.
88
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 96
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
G. CONSTRUCTION COMMITMENTS
The City has active construction projects as of December 31, 2013. The projects include street
construction in areas with newly developed housing, widening and construction of existing streets
and bridges, and the construction of additional storm sewer and utility improvements. At year end
the City’s commitments with contractors are as follows:
Remaining
Project Commitment
Flood Area #25 (27th & Jersey)$47,814
Street Improvement for Excelsior Blvd 12,134
Hwy 7/Wooddale Interchange 10,596
Commercial Meter Replacement 95,198
SW Regional Trail at Beltline Blvd 12,537
Fern Hill Park Paving 10,400
Glenhurst Lift Station 14,211
2010 LED Countdown Pedestrian Indicators 16,287
Northside Park 11,570
Well Redevelopment (City Cont #121-11)25,403
Hwy 7 & Louisiana Interchange (Phase I/II)10,127
Hwy 7 & Louisiana Interchange (final design)16,481
Fire Station #1 113,187
Fire Station #2 105,072
Assessment of storm water basins 11,536
Hydrant flow testing 27,044
Traffic signal - Park Center Blvd 27,125
Reilly 180,902
2013 Local Street Rehab (contract 35-13)139,035
City Hall remodel - 1st floor 84,212
Granular Activated Carbon 22,081
Rehab EWT #3 (contract 48-13)141,108
France Avenue Sidewalk Improvements 23,530
Lift Station #2 (contract 18-13)27,384
Hwy 7 at Louisiana (contract 65-13)11,125,542
Hwy 7 at Louisiana construction support (contract 531,290
Bridge Program Admin & Load Ratings (contract 12,222
36th St Bridge (contract 87-13)19,076
37th St Bridge (contract 87-13)64,688
Louisiana Ave Bridge (contract 87-13)71,720
Total commitments $13,009,512
89
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 97
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
Note 13 CONDUIT DEBT OBLIGATIONS
From time to time, the City has issued industrial, hospital or housing revenue bonds to provide financial
assistance to private-sector entities for the acquisition and construction of industrial, commercial or
housing facilities deemed to be in the public interest. The bonds are secured by the property financed and
are payable solely from payments received on the underlying mortgage loans. Upon repayment of the
bonds, ownership of the acquired facilities transfers to the private-sector entity served by the bond
issuance. Neither the City, the State, nor any political subdivision thereof is obligated in any manner for
repayment of the bonds. Accordingly, the bonds are not reported as liabilities in the accompanying
financial statements. As of December 31, 2013, there were 12 revenue bonds issued. The aggregate
principal amount payable as of December 31, 2013 is $445,944,428.
Note 14 CHANGE IN ACCOUNTING PRINCIPLE AND PRIOR PERIOD ADJUSTMENT
For the year ended December 31, 2013, the City implemented GASB Statements No. 61 and 65. GASB
Statement No. 61, The Financial Reporting Entity: Omnibus – An Amendment of GASB No. 14 and No.34
modifies certain requirements for inclusion of component units in the financial reporting entity and also
amends the criteria for reporting component units as if they were part of the primary government (i.e.
blending). GASB Statement No. 65, Items Previously Reported as Assets and Liabilities resulted in
accounts previously presented as liabilities being reclassified as deferred inflows of resources. In addition,
GASB 65 results in the restatements of beginning net position to reflect the change in accounting for bond
issuance costs. Prior to GASB 65, bond issuance costs were capitalized and amortized over the life of the
bond. GASB 65 requires the expensing of issuance costs (excluding bond insurance) in the year of
issuance.
During 2012, the City recorded a prior period adjustment for $400,000 related to 2011 intergovernmental
revenue recorded in the Park Improvement Fund. Both fund balance and net position increased as a result
of this adjustment.
In addition, during 2013 the City recorded a prior period adjustment for $240,232 related to 2012 unearned
antenna lease revenue. Both fund balance and net position decreased as a result of this adjustment.
90
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 98
CITY OF ST. LOUIS PARK, MINNESOTA
NOTES TO FINANCIAL STATEMENTS
December 31, 2013
The restatement of net position due to the elimination of deferred charges and the 2011 intergovernmental
revenue is summarized as follows:
Total
Governemntal Business-Type Statement of
Activities Activities Activities
Net position - January 1, as previously reported $161,460,566 $30,871,352 $192,331,918
Restatement of deferred charges (184,197) (69,012) (253,209)
Intergovernmental revenue 400,000 - 400,000
Unearned antenna lease revenue - (240,232) (240,232)
Net position - January 1, as restated $161,676,369 $30,562,108 $192,238,477
Governmental Water Sewer Storm Water
Funds Utility Utility Utility
Net position - January 1, as previously reported $63,114,780 $6,630,826 $7,617,429 $14,266,864
Restatement of deferred charges - (45,449) (1,809) (21,754)
Intergovernmental revenue 400,000 - - -
Unearned antenna lease revenue - (240,232) - -
Net position - January 1, as restated $63,514,780 $6,345,145 $7,615,620 $14,245,110
December 31, 2012
December 31, 2012
Note 15 RECENTLY ISSUED ACCOUNTING STANDARDS
The Governmental Accounting Standards Boards (GASB) recently approved the following statements
which were not implemented for these financial statements:
Upcoming GASB Statements
City
Implementation
Required By
Statement No. 67 Financial Reporting for Pension Plans – An amendment of GASB
Statement No. 25. 2014
Statement No. 68 Financial Reporting for Pensions – An amendment of GASB
Statement No. 27. 2015
Statement No. 69 Government Combinations and Disposal of Government Operations. 2014
Statement No. 70 Financial Reporting for Nonexchange Financial Guarantees. 2014
Statement No. 71 Pension Translation for Contributions Made Subsequent to the
Measurement Date – An amendment of GASB Statement No. 68. 2015
Statement No. 68 (2015) will require for the first time the City to record a liability for its proportionate
share of the net pension liability of cost-sharing multi-employer pension plans (i.e., PERA).
91
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 99
- This page intentionally left blank -
92
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 100
REQUIRED SUPPLEMENTARY INFORMATION
93
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 101
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 9
BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 1 of 4
For The Year Ended December 31, 2013
With Comparative Actual Amounts For The Year Ended December 31, 2012
Budgeted Amounts
Original Final
Revenues:
Property taxes $16,314,802 $20,657,724 $21,987,968 $1,330,244 $16,038,098
Licenses and permits:
Business regulatory licenses 515,698 515,698 530,422 14,724 758,527
Non-business licenses and permits 1,965,905 1,965,905 2,538,668 572,763 2,482,846
Total licenses and permits 2,481,603 2,481,603 3,069,090 587,487 3,241,373
Intergovernmental:
Federal 23,915 23,915 466,643 442,728 29,198
State shared taxes:
Highway user tax 500,000 500,000 475,217 (24,783) 521,527
Market value homestead credit - - 59 59 1,073
Insurance premium tax 545,000 545,000 580,168 35,168 522,593
State of Minnesota:
Other 69,169 94,169 349,929 255,760 136,830
PERA 45,205 45,205 45,205 - 45,205
Police training reimbursement 20,000 20,000 16,746 (3,254) 16,604
School district - 56,702 62,050 5,348 1,524
Other local governments - 12,000 32,581 20,581 724
Total intergovernmental 1,203,289 1,296,991 2,028,598 731,607 1,275,278
Charges for services:
General government 676,926 676,926 673,588 (3,338) 705,707
Public safety 105,150 105,150 88,664 (16,486) 82,486
Public works - signals/lighting 637,221 - 50 50 311,970
Culture and red - 1,079,800 1,021,682 (58,118) -
Rent of City property 87,550 1,038,731 997,696 (41,035) 100,000
Total charges for services 1,506,847 2,900,607 2,781,680 (118,927) 1,200,163
Fines and forfeits:
Municipal court 300,000 300,000 302,095 2,095 300,165
Liquor violations 12,000 12,000 1,500 (10,500) 26,000
Property forfeits 8,000 8,000 7,357 (643) 15,166
Miscellaneous violations 150 150 930 780 25
Total fines and forfeits 320,150 320,150 311,882 (8,268) 341,356
Investment income 150,000 153,500 14,180 (139,320) 136,415
Miscellaneous 28,850 66,100 78,303 12,203 10,145
Total revenues 22,005,541 27,876,675 30,271,701 2,395,026 22,242,828
2013
Actual
Amounts
Variance
with Final
Budget -
Positive
(Negative)
2012 Actual
Amounts
94
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 102
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 9
BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 2 of 4
For The Year Ended December 31, 2013
With Comparative Actual Amounts For The Year Ended December 31, 2012
Budgeted Amounts
Expenditures: Original Final
General government:
Administration:
Current:
Personal services $395,737 $395,737 $394,189 $1,548 $450,411
Supplies 3,000 3,000 1,233 1,767 3,696
Other services and charges 387,851 387,851 404,950 (17,099) 434,574
Total administration 786,588 786,588 800,372 (13,784) 888,681
General services:
Supplies - - 20,428 (20,428) 17,440
Other services and charges 180,000 180,000 311,340 (131,340) 67,833
Capital outlay - - - - -
Total general services 180,000 180,000 331,768 (151,768) 85,273
Human resources:
Current:
Personal services 568,720 568,720 576,565 (7,845) 526,006
Supplies 2,000 2,000 2,117 (117) 1,404
Other services and charges 116,600 116,600 161,287 (44,687) 126,109
Total human resources 687,320 687,320 739,969 (52,649) 653,519
Communications, marketing and
community outreach
Current:
Personal services 163,751 163,751 141,491 22,260 251,306
Materials and supplies 200 200 - 200 240
Other services and charges 127,735 127,735 88,251 39,484 78,740
Total communications, etc. 291,686 291,686 229,742 61,944 330,286
Technology and support services:
Current:
Personal services 882,659 882,659 820,231 62,428 530,863
Materials and supplies 30,000 30,000 25,024 4,976 37,401
Other services and charges 855,718 855,718 752,554 103,164 795,031
Total technology and support services 1,768,377 1,768,377 1,597,809 170,568 1,363,295
Accounting:
Current:
Personal services 467,166 467,166 462,903 4,263 459,969
Materials and supplies 3,000 3,000 2,021 979 3,120
Other services and charges 187,426 309,092 306,773 2,319 177,037
Total accounting 657,592 779,258 771,697 7,561 640,126
Assessing:
Current:
Personal services 532,910 532,910 532,226 684 508,538
Materials and supplies 1,200 1,200 891 309 504
Other services and charges 9,745 9,745 9,771 (26) 9,075
Total assessing 543,855 543,855 542,888 967 518,117
2013
Actual
Amounts
Variance
with Final
Budget -
Positive
(Negative)
2012 Actual
Amounts
95
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 103
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 9
BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 3 of 4
For The Year Ended December 31, 2013
With Comparative Actual Amounts For The Year Ended December 31, 2012
Budgeted Amounts
Expenditures: (continued) Original Final
General government: (continued)
Facilities maintenance:
Current:
Personal services $398,500 $398,500 $375,353 $23,147 $373,932
Materials and supplies 86,750 86,750 92,576 (5,826) 87,223
Other services and charges 589,670 589,670 590,200 (530) 511,328
Total facilities maintenance 1,074,920 1,074,920 1,058,129 16,791 972,483
Community development:
Current:
Personal services 1,081,067 1,081,067 1,082,306 (1,239) 1,040,665
Materials and supplies 1,700 1,700 716 984 498
Other services and charges 11,750 11,750 7,192 4,558 11,022
Total community development 1,094,517 1,094,517 1,090,214 4,303 1,052,185
Total general government 7,084,855 7,206,521 7,162,588 43,933 6,503,965
Public safety:
Police:
Current:
Personal services 6,922,882 6,922,882 6,678,543 244,339 6,659,270
Materials and supplies 124,850 124,850 127,200 (2,350) 131,643
Other services and charges 395,905 395,905 398,043 (2,138) 314,387
Total police 7,443,637 7,443,637 7,203,786 239,851 7,105,300
Fire protection:
Current:
Personal services 2,989,427 2,989,427 2,891,395 98,032 2,868,280
Materials and supplies 76,900 76,900 99,116 (22,216) 76,577
Other services and charges 263,936 263,936 255,650 8,286 340,276
Capital outlay - - - - 6,518
Total fire protection 3,330,263 3,330,263 3,246,161 84,102 3,291,651
Inspection services:
Current:
Personal services 1,796,603 1,796,603 1,790,043 6,560 1,750,646
Materials and supplies 14,000 14,000 7,655 6,345 5,487
Other services and charges 117,843 117,843 134,323 (16,480) 113,487
Total inspection services 1,928,446 1,928,446 1,932,021 (3,575) 1,869,620
Total public safety 12,702,346 12,702,346 12,381,968 320,378 12,266,571
2013
Actual
Amounts
Variance
with Final
Budget -
Positive
(Negative)
2012 Actual
Amounts
96
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 104
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 9
BUDGETARY COMPARISON SCHEDULE - GENERAL FUND Page 4 of 4
For The Year Ended December 31, 2013
With Comparative Actual Amounts For The Year Ended December 31, 2012
Budgeted Amounts
Expenditures: (continued) Original Final
Operations and recreation:
Public works administration:
Current:
Personal services $369,054 $369,054 $273,220 $95,834 $366,080
Materials and supplies 6,000 6,000 4,585 1,415 6,885
Other services and charges 18,000 18,000 10,391 7,609 5,885
Total public works administration 393,054 393,054 288,196 104,858 378,850
Public works operations:
Current:
Personal services 1,342,285 1,342,285 1,381,618 (39,333) 1,293,372
Materials and supplies 476,700 476,700 565,765 (89,065) 472,003
Other services and charges 882,385 882,385 773,257 109,128 756,093
Total public works operations 2,701,370 2,701,370 2,720,640 (19,270) 2,521,468
Culture and recreation:
Current:
Personal services - 3,682,247 3,697,433 (15,186) -
Materials and supplies - 939,711 952,464 (12,753) -
Other services and charges - 1,779,731 1,786,885 (7,154) -
Total culture and recreation 0 6,401,689 6,436,782 (35,093) 0
Total operations and recreation 3,094,424 9,496,113 9,445,618 50,495 2,900,318
Engineering:
Current:
Personal services 870,187 232,966 193,296 39,670 851,201
Materials and supplies 11,400 11,400 5,886 5,514 3,946
Other services and charges 58,892 58,892 97,214 (38,322) 84,269
Total engineering 940,479 303,258 296,396 6,862 939,416
Total expenditures 23,822,104 29,708,238 29,286,570 421,668 22,610,270
Revenues over (under) expenditures (1,816,563) (1,831,563) 985,131 2,816,694 (367,442)
Other financing sources (uses):
Transfers in 1,816,563 1,831,563 2,886,719 1,055,156 2,066,136
Transfers out - - (60,000) (60,000) (1,160,000)
Total other financing sources (uses) 1,816,563 1,831,563 2,826,719 995,156 906,136
Net change in fund balance $0 $0 3,811,850 $3,811,850 538,694
Fund balance - January 1 11,976,916 11,438,222
Fund balance - December 31 $15,788,766 $11,976,916
2013
Actual
Amounts
Variance
with Final
Budget -
Positive
(Negative)
2012 Actual
Amounts
97
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 105
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 10
BUDGETARY COMPARISON SCHEDULE - PARKS AND RECREATION FUND
For The Year Ended December 31, 2013
With Comparative Actual Amounts For The Year Ended December 31, 2012
Budgeted Amounts
Original Final
Revenues:
Property taxes $4,342,922 $ - $ - $ - $4,171,506
Licenses and permits - - - - 440
Intergovernmental - other 93,702 - - - 86,726
Charges for services 1,079,800 - - - 1,080,590
Rental income 951,181 - - - 968,310
Investment income 3,500 - - - 5,534
Miscellaneous 37,250 - - - 26,165
Total revenues 6,508,355 0 0 0 6,339,271
Expenditures:
Operations and recreation:
Current:
Personal services 3,659,547 - - - 3,602,920
Supplies 937,841 - - - 1,066,570
Other services and charges 1,925,967 - - - 1,858,295
Total expenditures 6,523,355 0 0 0 6,527,785
Revenues over (under) expenditures (15,000) - - - (188,514)
Other financing sources:
Transfers in 15,000 - - - 250,752
Transfers out - - (1,081,497) (1,081,497) -
Total other financing sources (uses) 15,000 0 (1,081,497) (1,081,497) 250,752
Net change in fund balance $0 $0 (1,081,497) ($1,081,497) 62,238
Fund balance - January 1 1,081,497 1,019,259
Fund balance - December 31 $0 $1,081,497
2013
Actual
Amounts
Variance with
Final Budget -
Positive
(Negative)
2012 Actual
Amounts
98
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 106
CITY OF ST. LOUIS PARK, MINNESOTA
REQUIRED SUPPLEMENTARY INFORMATION Statement 11
SCHEDULE OF FUNDING PROGRESS - POST EMPLOYMENT BENEFIT PLAN
For The Year Ended December 31, 2013
Unfunded
Actuarial Actuarial Actuarial UAAL as a
Actuarial Value of Accrued Accrued Funded Covered Percentage of
Valuation Assets Liability (AAL)* Liability (UAAL) Ratio Payroll Covered Payroll
Date (a) (b) (b-a) (a/b) (c) ( (b-a) / c)
January 1, 2009 $ - $3,260,061 $3,260,061 0.0% $16,906,064 19.3%
January 1, 2011 $ - $3,081,141 $3,081,141 0.0% $16,962,171 18.2%
January 1, 2013 $ - $5,140,716 $5,140,716 0.0% $17,338,372 29.6%
*Using the projected unit credit actuarial pay cost method.
99
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 107
CITY OF ST. LOUIS PARK
REQUIRED SUPPLEMENTARY INFORMATION
BUDGETARY COMPARISON SCHEDULE
NOTE TO RSI
December 31, 2013
Note A LEGAL COMPLIANCE – BUDGETS
The General Fund and Parks and Recreation Fund budgets are legally adopted on a basis consistent with
accounting principles generally accepted in the United States of America. The legal level of budgetary control
is at the department level for the major funds.
Note B MODIFIED APPROACH FOR CITY STREETS AND TRAILS INFRASTRUCTURE
CAPITAL ASSETS
In accordance with GASB Statement No. 34, the City is required to account for and report infrastructure capital
assets. The City defines infrastructure as the basic physical assets including the street and trail system; water
treatment and distribution system; wastewater collection system; park and recreation lands and improvement
system; storm water conveyance system; and building combined with site amenities such as parking and
landscape areas used by the City in the conduct of its business. Each major infrastructure can be divided into
subsystems. For example, the street and trail system can be divided into pavement widths, curb type and
sidewalk. City owned streets could further be classified as collector or local. Subsystem detail is not presented
in these basic financial statements; however, the City maintains detailed information on these subsystems.
The City elects to use the modified approach as defined in GASB Statement No. 34 for infrastructure reporting
for its Pavement Management Program. Under GASB Statement No. 34, eligible infrastructure capital assets
are not required to be depreciated under the following requirements:
1) The City manages the eligible infrastructure capital assets using an asset management system with
characteristics of (1) an up to-date inventory; (2) perform condition assessments and summarize the
results using a measurement scale; and (3) estimate annual amount to maintain and preserve at the
established condition assessment level.
2) The City documents that the eligible infrastructure capital assets are being preserved approximately
at or above the established and disclosed condition assessment level.
The City’s policy relative to maintaining the street and trail assets is to achieve an average rating of “Good” for
all segments. This acceptable rating allows minor cracking and patching of the pavement along with minor
roughness that could be noticeable to the users of the system.
100
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 108
CITY OF ST. LOUIS PARK
REQUIRED SUPPLEMENTARY INFORMATION
BUDGETARY COMPARISON SCHEDULE
NOTE TO RSI
December 31, 2013
In the Fall of 2012, the City conducted a physical condition assessment of the streets. This assessment will be
performed every two years. Each street segment was assigned a physical condition based on potential defects.
An Overall Condition Index (OCI) was assigned to each street and expressed in a continuous scale from 0 to
100, where 0 is assigned to the least acceptable physical condition and 100 is assigned the physical
characteristics of a new street. The following conditions were defined:
Range Description
86 - 100 Excellent
71 - 85 Very good
56 - 70 Good
41 - 55 Fair
26 - 40 Poor
11 - 25 Very poor
0 - 10 Failed
As of December 31, 2012, the City’s street and trail system was rated at an OCI index of 70 on the average with
detail condition as follows:
Condition
% of Streets and
Trails
Excellent to Good 74.54%
Fair 17.81%
Poor to Substandard 7.65%
The City’s streets are constantly deteriorating resulting from the following factors: (1) traffic using the system;
(2) the sun’s ultra-violet rays drying out and breaking down the top layer of pavement; (3) utility
company/private development trenching operations; (4) water damage from natural precipitation; and (5) frost
heave. The City is continuously taking actions to prolong the life of the system through short-term maintenance
activities such as pothole patching, crack sealing, seal coating and overlaying. The City expended $1,874,596
on street maintenance for the year ending December 31, 2013. These expenditures delayed deterioration;
however, the overall condition of the system was not improved through these maintenance expenditures. The
City has estimated that the amount of annual expenditures through 2022 required to maintain the City’s street
system at the average OCI rating of “good” is approximately $1,900,000.
Year
Maintenance
Estimate
Actual
Expenditures OCI Rating
2012 $2,101,698 $2,157,727 70%
2013 $1,758,697 $1,874,596 70%
101
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 109
- This page intentionally left blank -
102
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 110
COMBINING AND INDIVIDUAL FUND STATEMENTS AND
SCHEDULES
103
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 111
NONMAJOR GOVERNMENTAL FUNDS
104
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 112
SPECIAL REVENUE FUNDS
The Special Revenue Funds are used to account for the proceeds of
specific revenue sources that are legally restricted to expenditures for
specified purposes.
CAPITAL PROJECT FUNDS
The Capital Project Funds account for financial resources to be used for
the acquisition or construction of major capital facilities (other than those
financed by Proprietary Funds).
105
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 113
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET Statement 12
NONMAJOR GOVERNMENTAL FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
Special Capital
Revenue Project 2013 2012
Assets
Cash and investments $1,749,234 $8,727,506 $10,476,740 $11,541,414
Accrued interest receivable 5,312 27,735 33,047 50,326
Due from other governments 22,483 - 22,483 651
Accounts receivable 162,669 406,176 568,845 493,000
Special assessments receivable:
Delinquent 11,772 - 11,772 6,153
Deferred 194,879 1,356 196,235 180,658
Loans receivable - noncurrent 420,787 - 420,787 415,409
Total assets $2,567,136 $9,162,773 $11,729,909 $12,687,611
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $20,894 $206,683 $227,577 $123,043
Salaries payable 16,969 - 16,969 14,954
Due to other governments 152 2,827 2,979 559
Contracts payable - 66,203 66,203 84,624
Due to other funds 7,607 - 7,607 32,102
Unearned revenue - 200,000 200,000 -
Total liabilities 45,622 475,713 521,335 255,282
Deferred inflows of resources:
Unavailable revenue 220,038 1,356 221,394 197,176
Total deferred inflows of resources 220,038 1,356 221,394 197,176
Fund balance:
Nonspendable 420,787 - 420,787 415,409
Restricted 630,933 3,545,540 4,176,473 5,104,867
Committed 467,682 - 467,682 459,160
Assigned 783,332 5,140,164 5,923,496 6,297,924
Unassigned (1,258) - (1,258) (42,207)
Total fund balance 2,301,476 8,685,704 10,987,180 12,235,153
Total liabilities, deferred inflows
of resources, and fund balance $2,567,136 $9,162,773 $11,729,909 $12,687,611
Nonmajor
Totals
Governmental Funds
106
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 114
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND Statement 13
CHANGES IN FUND BALANCE
NONMAJOR GOVERNMENTAL FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
Special Capital
Revenue Project 2013 2012
Revenues:
Taxes:
Property $ - $810,000 $810,000 $1,125,000
Franchise 642,142 1,569,427 2,211,569 1,954,557
Intergovernmental:
Other 127,577 294,702 422,279 200,138
Charges for services 26,117 12,705 38,822 46,906
Special assessments 175,067 1,435 176,502 222,554
Interest on investments 4,218 31,410 35,628 137,013
Miscellaneous 2,529 323,478 326,007 414,613
Total revenues 977,650 3,043,157 4,020,807 4,100,781
Expenditures:
Current:
Public safety - 18,808 18,808 9,765
Operations and recreation - 637,923 637,923 532,325
Engineering - 1,874,600 1,874,600 2,031,212
Public information 408,683 - 408,683 470,280
Housing and maintenance 141,250 - 141,250 116,949
Social economic development 217,023 - 217,023 196,438
Capital outlay:
Public safety - - - 46,909
Operations and recreation - 930,249 930,249 636,800
Engineering - - - 127,284
Public information 18,163 - 18,163 6,690
Total expenditures 785,119 3,461,580 4,246,699 4,174,652
Revenues over (under) expenditures 192,531 (418,423) (225,892)(73,871)
Other financing sources (uses):
Transfers in 60,000 - 60,000 500,000
Transfers out (184,506) (897,575) (1,082,081) (705,342)
Total other financing sources (uses)(124,506) (897,575) (1,022,081) (205,342)
Net change in fund balance 68,025 (1,315,998) (1,247,973) (279,213)
Fund balance - January 1, as previously stated 2,233,451 10,001,702 12,235,153 12,114,366
Prior period adjustment - - - 400,000
Fund balance - January 1, as restated 2,233,451 10,001,702 12,235,153 12,514,366
Fund balance - December 31 $2,301,476 $8,685,704 $10,987,180 $12,235,153
Totals
Nonmajor Governmental Funds
107
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 115
- This page intentionally left blank -
108
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 116
NONMAJOR SPECIAL REVENUE FUNDS
Cable Television Fund – used to account for revenues received from
franchise fees and expenditures related to regulation of the privately
owned cable television company.
Community Development Fund – used to account for funds received under
Title I of the Housing and Community Development Act of 1974.
Special Service District Funds – used to account for the operations of
Special Service Districts. Revenues are received from each district’s
property owners and are used to provide additional services, primarily
snow removal, within each District.
109
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 117
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET Statement 14
NONMAJOR SPECIAL REVENUE FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
2013 2012
Assets
Cash and investments $1,420,083 $ - $329,151 $1,749,234 $1,739,373
Accrued interest receivable 4,422 - 890 5,312 7,490
Due from other governments - 22,483 - 22,483 651
Accounts receivable 162,669 - - 162,669 157,517
Special assessments receivable:
Delinquent - - 11,772 11,772 6,153
Deferred - - 194,879 194,879 178,021
Loans receivable - noncurrent - 420,787 - 420,787 415,409
Total assets $1,587,174 $443,270 $536,692 $2,567,136 $2,504,614
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $3,900 $ - $16,994 $20,894 $29,120
Salaries payable 16,969 - - 16,969 14,954
Due to other governments 152 - - 152 448
Due to other funds - 7,607 - 7,607 32,102
Total liabilities 21,021 7,607 16,994 45,622 76,624
Deferred inflows of resources:
Unavailable revenue - 16,134 203,904 220,038 194,539
Total deferred inflows of resources 0 16,134 203,904 220,038 194,539
Fund balance:
Nonspendable - 420,787 - 420,787 415,409
Restricted 630,933 - - 630,933 653,205
Committed 467,682 - - 467,682 459,160
Assigned 467,538 - 315,794 783,332 747,884
Unassigned - (1,258) - (1,258) (42,207)
Total fund balance 1,566,153 419,529 315,794 2,301,476 2,233,451
Total liabilities, deferred inflows
of resources, and fund balance $1,587,174 $443,270 $536,692 $2,567,136 $2,504,614
Totals Nonmajor Special
Revenue Funds2600 Cable
Television
2650
Community
Development
Special Service
Districts
110
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 118
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,Statement 15
EXPENDITURES AND CHANGES IN FUND BALANCE
NONMAJOR SPECIAL REVENUE FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
2013 2012
Revenues:
Franchise taxes $642,142 $ - $ - $642,142 $618,375
Intergovernmental - other - 127,577 - 127,577 103,566
Charges for services - - 26,117 26,117 36,543
Special assessments - - 175,067 175,067 221,081
Interest on investments 3,304 - 914 4,218 19,028
Miscellaneous 1,053 - 1,476 2,529 4,890
Total revenues 646,499 127,577 203,574 977,650 1,003,483
Expenditures:
Current:
Public information:
Personal services 390,152 - - 390,152 385,912
Supplies 10,580 - - 10,580 19,199
Other services and charges 7,951 - - 7,951 65,169
Housing maintenance:
Personal services - 21,173 - 21,173 20,883
Other services and charges - 120,077 - 120,077 96,066
Social and economic development:
Supplies - - 3,410 3,410 33,200
Other services and charges - - 213,613 213,613 163,238
Capital outlay:
Public information 18,163 - - 18,163 6,690
Total expenditures 426,846 141,250 217,023 785,119 790,357
Revenues over (under) expenditures 219,653 (13,673) (13,449) 192,531 213,126
Other financing sources (uses):
Transfers in - 60,000 - 60,000 -
Transfers out (184,506) - - (184,506) (209,506)
Net change in fund balance 35,147 46,327 (13,449) 68,025 3,620
Fund balance - January 1 1,531,006 373,202 329,243 2,233,451 2,229,831
Fund balance - December 31 $1,566,153 $419,529 $315,794 $2,301,476 $2,233,451
Totals Nonmajor Special
Revenue Funds2600 Cable
Television
2650
Community
Development
Special Service
Districts
111
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 119
- This page intentionally left blank -
112
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 120
NONMAJOR CAPITAL PROJECT FUNDS
Park Improvement Fund – used to account for the financing of land
acquisition and development for park purposes. Revenues are provided by
St. Louis Park School District contribution, interest earnings, rent, sale of
property and a property tax levy.
Pavement Management Fund – used to account for the financing of street
rehabilitation. Revenues are provided by a franchise fee and transfers
from the Sanitary Sewer Utility and Water Utility Funds.
Police and Fire Pensions Fund – used to account for the funds received by
the Police and Fire department for pension refunds. These funds must be
used for specific police and fire purposes.
113
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 121
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET Statement 16
NONMAJOR CAPITAL PROJECT FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
4065 Park
Improvement
4500 Pavement
Management
2900 Police
and Fire
Pensions
2013 2012
Assets
Cash and investments $3,812,588 $1,223,850 $3,691,068 $8,727,506 $9,802,041
Accrued interest receivable 10,759 3,936 13,040 27,735 42,836
Accounts receivable - 406,176 - 406,176 335,483
Special assessments - delinquent - - - - -
Special assessments - deferred - 1,356 - 1,356 2,637
Total assets $3,823,347 $1,635,318 $3,704,108 $9,162,773 $10,182,997
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $48,063 $52 $158,568 $206,683 $93,923
Due to other governments 2,827 - - 2,827 111
Contracts payable - 66,203 - 66,203 84,624
Unearned revenue 200,000 - - 200,000 -
Total liabilities 250,890 66,255 158,568 475,713 178,658
Deferred inflows of resources:
Unavailable revenue - 1,356 - 1,356 2,637
Total deferred inflows of resources 0 1,356 0 1,356 2,637
Fund balance:
Restricted - - 3,545,540 3,545,540 4,451,662
Assigned 3,572,457 1,567,707 - 5,140,164 5,550,040
Total fund balance 3,572,457 1,567,707 3,545,540 8,685,704 10,001,702
Total liabilities, deferred inflows
of resources, and fund balance $3,823,347 $1,635,318 $3,704,108 $9,162,773 $10,182,997
Totals Nonmajor Capital Project
Funds
114
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 122
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,Statement 17
EXPENDITURES AND CHANGES IN FUND BALANCE
NONMAJOR CAPITAL PROJECT FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
4065 Park
Improvement
4500
Pavement
Management
2900 Police
and Fire
Pensions
Revenues:2013 2012
Taxes:
Property taxes $810,000 $ - $ - $810,000 $1,125,000
Franchise - 1,569,427 - 1,569,427 1,336,182
Intergovernmental:
Other 294,702 - - 294,702 96,572
Charges for services 9,000 3,705 - 12,705 10,363
Special assessments - 1,435 - 1,435 1,473
Investment income 11,276 9,873 10,261 31,410 117,985
Miscellaneous 323,475 3 - 323,478 409,723
Total revenues 1,448,453 1,584,443 10,261 3,043,157 3,097,298
Expenditures:
Current:
Public safety - - 18,808 18,808 9,765
Engineering - 1,874,600 - 1,874,600 2,031,212
Operations and recreation 637,923 - - 637,923 532,325
Capital outlay:
Public safety - - - - 46,909
Engineering - - - - 127,284
Operations and recreation 930,249 - - 930,249 636,800
Total expenditures 1,568,172 1,874,600 18,808 3,461,580 3,384,295
Revenues over (under) expenditures (119,719) (290,157) (8,547) (418,423) (286,997)
Other financing sources (uses):
Transfers in - - - - 500,000
Transfers out - - (897,575) (897,575) (495,836)
Total other financing sources (uses) 0 0 (897,575) (897,575) 4,164
Net change in fund balance (119,719) (290,157) (906,122) (1,315,998) (282,833)
Fund balance - January 1, as previously stated 3,692,176 1,857,864 4,451,662 10,001,702 9,884,535
Prior period adjustment - - - - 400,000
Fund balance - January 1, as restated 3,692,176 1,857,864 4,451,662 10,001,702 10,284,535
Fund balance - December 31 $3,572,457 $1,567,707 $3,545,540 $8,685,704 $10,001,702
Totals Nonmajor Capital Project
Funds
115
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 123
- This page intentionally left blank -
116
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 124
MAJOR DEBT SERVICE FUNDS
3400 - 1999 General Obligation Bond
3450 - 2003 General Obligation Bond
3460 – 2010A General Obligation Bond
3465 – 2012A General Obligation HIA Bonds
3470 – 2010B General Obligation Bond
3480 – 2010D General Obligation Fire Station Bond
3600 - 2000 General Obligaiton Bond Reserve
3610 - 2000 General Obligation Bond
3615 – 2010C General Obligation Bond
3620 – 2010C General Obligation Bond Reserve Fund
3850 - 2004 General Obligation Tax Increment Refunding
3870 - 2005A General Obligation Bond
3875 – Hoigaard’s 2010 A & B TIF Notes
3890 - 2008B General Obligation Tax Increment Bond
117
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 125
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET
MAJOR DEBT SERVICE FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
3400 1999
General
Obligation
Bond
3450 2003
General
Obligation
Bond
3460 2010A
General
Obligation
Bond
3465 2012A
General
Obligation
HIA Bonds
3470 2010B
General
Obligation
Bond
Assets
Cash and investments $58,785 $574,877 $ - $ - $78,317
Accrued interest receivable 185 1,805 - - -
Due from other governments - - - - -
Loans receivable - current - - - - -
Loans receivable - noncurrent - - - - -
Total assets $58,970 $576,682 $0 $0 $78,317
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $ - $ - $ - $ - $ -
Due to other funds - - - - -
Deposits payable - - - - -
Unearned revenue - - - - -
Total liabilities 0 0 0 0 0
Deferred inflows of resources:
Unavailable revenue - - - - -
Total deferred inflows of resources 0 0 0 0 0
Fund balance:
Restricted 58,970 576,682 - - 78,317
Unassigned - - - - -
Total fund balance 58,970 576,682 0 0 78,317
Total liabilities, deferred inflows
of resources, and fund balance $58,970 $576,682 $0 $0 $78,317
118
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 126
Statement 18
3480 2010D
General
Obligation Fire
Station Bond
3600 2000
General
Obligation
Bond Reserve
3615 2010C
General
Obligation
Bond
3620 2010C
General
Obligation
Bond Reserve
3850 2004
General
Obligation Tax
Increment
Refunding
3870 2005A
General
Obligation
Bond
2013 2012
$785,582 $121,105 $67,862 $124,794 $ - $646,684 $2,458,006 $2,413,012
1,502 - - - - 1,515 5,007 6,908
87,876 - - - - - 87,876 95,842
- - 35,000 - - - 35,000 35,000
- - 1,675,000 - - - 1,675,000 1,710,000
$874,960 $121,105 $1,777,862 $124,794 $0 $648,199 $4,260,889 $4,260,762
$ - $ - $ - $ - $1,956 $ - $1,956 $ -
- - - - - - - 39,788
- - - 124,644 - - 124,644 80,652
14,646 - - - - - 14,646 15,974
14,646 0 0 124,644 1,956 0 141,246 136,414
- - 1,710,000 - - - 1,710,000 1,745,000
0 0 1,710,000 0 0 0 1,710,000 1,745,000
860,314 121,105 67,862 150 (1,956) 648,199 2,409,643 2,419,136
- - - - - - - (39,788)
860,314 121,105 67,862 150 (1,956) 648,199 2,409,643 2,379,348
$874,960 $121,105 $1,777,862 $124,794 $0 $648,199 $4,260,889 $4,260,762
Totals Debt Service Funds
119
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 127
- This page intentionally left blank -
120
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 128
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,Statement 19
EXPENDITURES AND CHANGES IN FUND BALANCE Page 1 of 2
MAJOR DEBT SERVICE FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
3400 1999
General
Obligation
Bond
3450 2003
General
Obligation
Bond
3460 2010A
General
Obligation
Bond
3465 2012A
General
Obligation HIA
Bonds
Revenues:
Property taxes $ - $ - $ - $ -
Intergovernmental - - - -
Interest on investments 144 1,409 - -
Miscellaneous - other - - - -
Total revenues 144 1,409 0 0
Expenditures:
Social economic development:
Developer assistance - - - -
Debt service:
Principal - - 110,000 -
Interest and other 20 197 136,863 27,404
Fiscal agent fees - - 450 450
Bond issuance costs - - - -
Total expenditures 20 197 247,313 27,854
Revenues over (under) expenditures 124 1,212 (247,313) (27,854)
Other financing sources (uses):
Transfers in - - 160,553 67,642
Transfers out - - - -
Total other financing sources (uses)0 0 160,553 67,642
Net change in fund balance 124 1,212 (86,760)39,788
Fund balance - January 1 58,846 575,470 86,760 (39,788)
Fund balance (deficit) - December 31 $58,970 $576,682 $0 $0
121
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 129
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCE
MAJOR DEBT SERVICE FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
3470 2010B
General
Obligation
Bond
3480 2010D
General
Obligation Fire
Station Bond
3600 2000
General
Obligation
Bond Reserve
3615 2010C
General
Obligation
Bond
Revenues:
Property taxes $514,080 $925,805 $ - $ -
Intergovernmental - 175,659 - -
Interest on investments - - 58 26
Miscellaneous - other - - - 102,030
Total revenues 514,080 1,101,464 58 102,056
Expenditures:
Social economic development:
Developer assistance - - - -
Debt service:
Principal 465,000 525,000 - 35,000
Interest and other 14,560 546,890 - 83,730
Fiscal agent fees 139 450 - 450
Bond issuance costs - - - -
Total expenditures 479,699 1,072,340 0 119,180
Revenues over (under) expenditures 34,381 29,124 58 (17,124)
Other financing sources (uses):
Transfers in - - - 58
Transfers out - - (58) -
Total other financing sources (uses)0 0 (58)58
Net change in fund balance 34,381 29,124 0 (17,066)
Fund balance - January 1 43,936 831,190 121,105 84,928
Fund balance (deficit) - December 31 $78,317 $860,314 $121,105 $67,862
122
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 130
Statement 19
Page 2 of 2
3620 2010C
General
Obligation Bond
Reserve
3850 2004
General
Obligation Tax
Increment
Refunding
3870 2005A
General
Obligation Bond
3875 Hoigaard's
2010 A & B TIF
Notes
3890 2008B
General
Obligation Tax
Increment Bond
2013 2012
$ - $ - $497,200 $ - $ - $1,937,085 $1,929,629
- - - - - 175,659 191,684
48 - - - - 1,685 12,334
- - - - - 102,030 119,563
48 0 497,200 0 0 2,216,459 2,253,210
- - - 419,830 - 419,830 494,871
- 1,415,000 410,000 - 315,000 3,275,000 1,285,000
- 52,240 55,800 - 209,481 1,127,185 1,141,665
- 1,956 - - - 3,895 1,040
- - - - - - 39,788
0 1,469,196 465,800 419,830 524,481 4,825,910 2,962,364
48 (1,469,196) 31,400 (419,830) (524,481) (2,609,451) (709,154)
- 1,471,263 - 419,830 524,481 2,643,827 1,323,754
- (4,023) - - - (4,081)(163)
0 1,467,240 0 419,830 524,481 2,639,746 1,323,591
48 (1,956) 31,400 0 0 30,295 614,437
102 - 616,799 - - 2,379,348 1,764,911
$150 ($1,956) $648,199 $0 $0 $2,409,643 $2,379,348
Totals Debt Service Funds
123
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 131
- This page intentionally left blank -
124
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 132
MAJOR REDEVELOPMENT DISTRICT FUNDS
4775 – Eliot Park TIFF
4780 – Duke West End TIF
4785 – Ellipse TIF DIstrict
4798 – HRA Levy
4855 – Trunk Highway 7
4865 – HSTI
4870 – Victoria Ponds
4875 – Park Center Housing
4880 – CSM TIF District
4900 – Mill City TIF District
4920 – Park Commons TIF District
4930 – Edgewood TIF District
4940 – Elmwood Village
4950 – Wolfe Lake TIF District
4965 – Aquila Commons
4980 – Highway 7 Business Center
4985 – Hard Coat TIF District
125
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 133
- This page intentionally left blank -
126
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 134
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET Statement 20
MAJOR REDEVELOPMENT DISTRICT FUNDS Page 1 of 2
December 31, 2013
With Comparative Totals For December 31, 2012
4780 Duke
West End TIF
4775 Eliot Park
TIF
4785 Ellipse
TIF District
4798 HRA
Levy
4855 Trunk
Highway 7 4865 HSTI
Assets
Cash and investments $482,886 $ - $106,499 $2,114,359 $ - $204,807
Accrued interest receivable 1,752 - 108 13,149 - 3,969
Taxes receivable - unremitted - - - 6,558 - -
Taxes receivable - delinquent - - - 5,358 - -
Loans receivable - noncurrent - - - - - -
Total assets $484,638 $0 $106,607 $2,139,424 $0 $208,776
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $200 $ - $200 $ - $ - $ -
Due to other governments 1,890 - 861 - - 2,602
Due to other funds - - - - - -
Interfund loan payable 457,939 746 185,429 - - -
Total liabilities 460,029 746 186,490 0 0 2,602
Deferred inflows of resources:
Unavailable revenue - - - 5,358 - -
Total deferred inflows of resources 0 0 0 5,358 0 0
Fund balance (deficit):
Restricted 24,609 - - 2,134,066 - 206,174
Unassigned - (746) (79,883) - - -
Total fund balance (deficit) 24,609 (746) (79,883) 2,134,066 0 206,174
Total liabilities, deferred inflows
of resources, and fund balance $484,638 $0 $106,607 $2,139,424 $0 $208,776
127
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 135
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING BALANCE SHEET
MAJOR REDEVELOPMENT DISTRICT FUNDS
December 31, 2013
With Comparative Totals For December 31, 2012
4870 Victoria
Ponds
4875 Park
Center
Housing
4880 CSM
TIF District
4900 Mill
City TIF
District
4920 Park
Commons TIF
District
4930
Edgewood
TIF District
Assets
Cash and investments $500,130 $196,371 $479,366 $219,275 $571,223 $ -
Accrued interest receivable 1,668 1,547 1,115 360 114 -
Taxes receivable - unremitted 1,907 - 3,787 - 22,587 -
Taxes receivable - delinquent - - - - - -
Loans receivable - noncurrent - 680,872 - - - -
Total assets $503,705 $878,790 $484,268 $219,635 $593,924 $0
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $850 $ - $200 $200 $2,550 $200
Due to other governments 1,536 678 1,430 1,024 5,765 572
Due to other funds - - - - - -
Interfund loan payable - - - - - -
Total liabilities 2,386 678 1,630 1,224 8,315 772
Deferred inflows of resources:
Unavailable revenue - 37,866 - - - -
Total deferred inflows of resources 0 37,866 0 0 0 0
Fund balance (deficit):
Restricted 501,319 840,246 482,638 218,411 585,609 -
Unassigned - - - - - (772)
Total fund balance (deficit) 501,319 840,246 482,638 218,411 585,609 (772)
Total liabilities, deferred inflows
of resources, and fund balance $503,705 $878,790 $484,268 $219,635 $593,924 $0
128
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 136
Statement 20
Page 2 of 2
4940 Elmwood
Village
4950 Wolfe Lake
TIF District
4965 Aquila
Commons
4980 Highway 7
Business Center
4985 Hard Coat
TIF District
2013 2012
$413,305 $82,616 $92,501 $17,750 $ - $5,481,088 $9,990,938
2,306 132 127 - - 26,347 39,975
11,647 - - - - 46,486 21,158
- - - - - 5,358 6,578
- - - - - 680,872 668,250
$427,258 $82,748 $92,628 $17,750 $0 $6,240,151 $10,726,899
$ - $200 $400 $200 $ - $5,200 $8,529
4,019 705 1,446 748 - 23,276 23,546
- - - - - - -
3,196,484 - - - 33,741 3,874,339 4,206,657
3,200,503 905 1,846 948 33,741 3,902,815 4,238,732
- - - - - 43,224 31,822
0 0 0 0 0 43,224 31,822
- 81,843 90,782 16,802 - 5,182,499 9,712,202
(2,773,245) - - - (33,741) (2,888,387) (3,255,857)
(2,773,245) 81,843 90,782 16,802 (33,741) 2,294,112 6,456,345
$427,258 $82,748 $92,628 $17,750 $0 $6,240,151 $10,726,899
Totals Redevelopment District Funds
129
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 137
- This page intentionally left blank -
130
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 138
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,Statement 21
EXPENDITURES AND CHANGES IN FUND BALANCE Page 1 of 2
MAJOR REDEVELOPMENT DISTRICT FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
4780 Duke
West End TIF
4775 Eliot
Park TIF
4785 Ellipse
TIF District
4798 HRA
Levy
4855 Trunk
Highway 7 4865 HSTI
Revenues:
Property taxes $ - $ - $ - $899,391 $ - $ -
Tax increments 825,356 - 216,221 - - 1,247,428
Intergovernmental - - - 2 - -
Interest on investments 828 - - 14,029 900 6,204
Total revenues 826,184 0 216,221 913,422 900 1,253,632
Expenditures:
Current:
Social and economic development 333,933 746 212,128 4,708 208 2,226,047
Revenues over (under) expenditures 492,251 (746) 4,093 908,714 692 (972,415)
Other financing sources (uses):
Transfers in - - - - - -
Transfers out (524,481) - - (3,552,017) (703,425) -
Total other financing sources (uses) (524,481) 0 0 (3,552,017) (703,425) 0
Net change in fund balance (32,230) (746) 4,093 (2,643,303) (702,733) (972,415)
Fund balance - January 1 56,839 - (83,976) 4,777,369 702,733 1,178,589
Fund balance (deficit) - December 31 $24,609 ($746) ($79,883) $2,134,066 $0 $206,174
131
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 139
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES,
EXPENDITURES AND CHANGES IN FUND BALANCE
MAJOR REDEVELOPMENT DISTRICT FUNDS
For The Year Ended December 31, 2013
With Comparative Totals For The Year Ended December 31, 2012
4870 Victoria
Ponds
4875 Park
Center
Housing
4880 CSM
TIF District
4900 Mill
City TIF
District
4920 Park
Commons
TIF District
4930
Edgewood
TIF District
Revenues:
Property taxes $ - $ - $ - $ - $ - $ -
Tax increments 438,908 108,248 386,463 314,823 1,701,861 44,361
Intergovernmental - - - - - -
Interest on investments 1,266 3,434 425 - - -
Total revenues 440,174 111,682 386,888 314,823 1,701,861 44,361
Expenditures:
Current:
Social and economic development 386,272 3,915 344,757 279,875 1,624,918 44,481
Revenues over (under) expenditures 53,902 107,767 42,131 34,948 76,943 (120)
Other financing sources (uses):
Transfers in - - - - - -
Transfers out - (500,000) - - - -
Total other financing sources (uses) 0 (500,000)0000
Net change in fund balance 53,902 (392,233) 42,131 34,948 76,943 (120)
Fund balance - January 1 447,417 1,232,479 440,507 183,463 508,666 (652)
Fund balance (deficit) - December 31 $501,319 $840,246 $482,638 $218,411 $585,609 ($772)
132
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 140
Statement 21
Page 2 of 2
4940 Elmwood
Village
4950 Wolfe Lake
TIF District
4965 Aquila
Commons
4980 Highway 7
Business Center
4985 Hard Coat
TIF District
2013 2012
$ - $ - $ - $ - $ - $899,391 $971,420
937,430 122,333 156,194 148,103 - 6,647,729 6,446,389
- - - - - 2 144
441 - - - - 27,527 81,864
937,871 122,333 156,194 148,103 0 7,574,649 7,499,817
149,206 120,678 154,886 145,779 4,592 6,037,129 4,898,691
788,665 1,655 1,308 2,324 (4,592) 1,537,520 2,601,126
- - - - - - 500,000
(419,830) - - - - (5,699,753) (2,442,352)
(419,830)0000(5,699,753) (1,942,352)
368,835 1,655 1,308 2,324 (4,592) (4,162,233) 658,774
(3,142,080) 80,188 89,474 14,478 (29,149) 6,456,345 5,797,571
($2,773,245) $81,843 $90,782 $16,802 ($33,741) $2,294,112 $6,456,345
Totals Redevelopment District
Funds
133
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 141
- This page intentionally left blank -
134
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 142
INTERNAL SERVICE FUNDS
The City has three Internal Service Funds to account for the financing of
goods or services provided by one department or agency to other
departments or agencies of the City, or to other governments on a cost
reimbursement basis. The City’s internal service funds account for
employee flex spending, uninsured loss, equipment replacement and
capital replacement.
135
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 143
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF NET POSITION
INTERNAL SERVICE FUNDS
December 31, 2013
With Comparative Amounts For December 31, 2012
2013 2012
Assets:
Current assets:
Cash and investments $738,967 $1,293,492
Accrued interest receivable 4,318 8,257
Due from other governments - -
Accounts receivable - -
Prepaid items 8,707 -
Deposits receivable 31,000 31,000
Total current assets 782,992 1,332,749
Noncurrent assets:
Capital assets, at cost:
Land - -
Building and structures - -
Infrastructure - -
Machinery, furniture and equipment - -
Fleet - -
Construction in progress - -
Total capital assets, at cost 0 0
Less: accumulated depreciation - -
Net capital assets 00
Total assets 782,992 1,332,749
Liabilities:
Current liabilities:
Accounts payable 19,027 71,286
Salaries payable 5,225 1,944
Accrued flex spending 25,490 26,119
Due to other governments 13,347 17,090
Contracts payable - -
Due to other funds - -
Compensated absences payable 2,489,865 2,508,596
Total current liabilities 2,552,954 2,625,035
Noncurrent liabilities:
Compensated absences payable 1,067,084 1,075,113
Other postemployment benefits payable 1,833,419 1,513,086
Total noncurrent liabilities 2,900,503 2,588,199
Total liabilities 5,453,457 5,213,234
Net position:
Net investment in capital assets - -
Unrestricted (4,670,465)(3,880,485)
Total net position ($4,670,465)($3,880,485)
6100 Employee Administrative
136
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 144
Statement 22
2013 2012 2013 2012 2013 2012
$718,470 $827,932 $ - $1,703,724 $1,457,437 $3,825,148
2,053 2,653 - 6,506 6,371 17,416
- - - - - -
- 200 - - - 200
77,789 105,477 29,670 29,670 116,166 135,147
- - - - 31,000 31,000
798,312 936,262 29,670 1,739,900 1,610,974 4,008,911
- - 818,094 818,094 818,094 818,094
- - 134,520 - 134,520 -
- - 9,461,214 9,461,214 9,461,214 9,461,214
- - 6,607,079 5,993,861 6,607,079 5,993,861
- - 7,126,319 6,937,989 7,126,319 6,937,989
- - 852,757 191,922 852,757 191,922
0 0 24,999,983 23,403,080 24,999,983 23,403,080
- - (7,696,111) (7,252,388) (7,696,111) (7,252,388)
0 0 17,303,872 16,150,692 17,303,872 16,150,692
798,312 936,262 17,333,542 17,890,592 18,914,846 20,159,603
638 14,626 90,087 34,786 109,752 120,698
- - - - 5,225 1,944
- - - - 25,490 26,119
- - 2,324 14 15,671 17,104
- 24,409 159,998 23,183 159,998 47,592
- - 943,989 - 943,989 -
- - - - 2,489,865 2,508,596
638 39,035 1,196,398 57,983 3,749,990 2,722,053
- - - - 1,067,084 1,075,113
- - - - 1,833,419 1,513,086
0 0 0 0 2,900,503 2,588,199
638 39,035 1,196,398 57,983 6,650,493 5,310,252
- - 17,303,872 16,150,692 17,303,872 16,150,692
797,674 897,227 (1,166,728) 1,681,917 (5,039,519) (1,301,341)
$797,674 $897,227 $16,137,144 $17,832,609 $12,264,353 $14,849,351
Totals6200 Uninsured Loss 6400 Capital Replacement
137
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 145
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN FUND NET POSITION
INTERNAL SERVICE FUNDS
For The Year Ended December 31, 2013
With Comparative Amounts For The Year Ended December 31, 2012
2013 2012
Operating revenues:
Charges for services $ - $ -
Other 295,372 205,429
Total operating revenues 295,372 205,429
Operating expenses:
Personal services 1,166,093 797,232
Supplies - -
Professional services 21,375 55,074
Insurance - -
Depreciation - -
Other 124,157 69,895
Total operating expenses 1,311,625 922,201
Operating income (loss)(1,016,253)(716,772)
Nonoperating revenues (expenses):
Investment income 6,620 26,925
Property taxes 200,000 100,024
Intergovernmental revenue 19,653 -
Net loss on disposal of assets - -
Total nonoperating
revenues (expenses)226,273 126,949
Income (loss) before transfers (789,980)(589,823)
Transfers in - 35,000
Transfers out - -
Total transfers 0 35,000
Change in net position (789,980)(554,823)
Net position - January 1 (3,880,485)(3,325,662)
Net position - December 31 ($4,670,465) ($3,880,485)
6100 Employee Administrative
138
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 146
Statement 23
2013 2012 2013 2012 2013 2012
$ - $ - $781,078 $760,277 $781,078 $760,277
234,994 371,400 73,234 25,379 603,600 602,208
234,994 371,400 854,312 785,656 1,384,678 1,362,485
21,348 20,899 - - 1,187,441 818,131
- - 449,594 393,169 449,594 393,169
- - 2,217,474 41,604 2,238,849 96,678
208,568 473,976 - - 208,568 473,976
- - 1,347,225 1,295,445 1,347,225 1,295,445
1,152 52,822 663,387 293,621 788,696 416,338
231,068 547,697 4,677,680 2,023,839 6,220,373 3,493,737
3,926 (176,297) (3,823,368) (1,238,183) (4,835,695) (2,131,252)
2,692 6,020 6,281 8,583 15,593 41,528
- - 1,108,132 438,300 1,308,132 538,324
- - 17,500 - 37,153 -
- - 69,237 60,416 69,237 60,416
2,692 6,020 1,201,150 507,299 1,430,115 640,268
6,618 (170,277) (2,622,218)(730,884) (3,405,580) (1,490,984)
- 400,000 926,753 409,724 926,753 844,724
(106,171) - - - (106,171) -
(106,171)400,000 926,753 409,724 820,582 844,724
(99,553)229,723 (1,695,465)(321,160) (2,584,998)(646,260)
897,227 667,504 17,832,609 18,153,769 14,849,351 15,495,611
$797,674 $897,227 $16,137,144 $17,832,609 $12,264,353 $14,849,351
Totals6200 Uninsured Loss 6400 Capital Replacement
139
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 147
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
For The Year Ended December 31, 2013
With Comparative Amounts For The Year Ended December 31, 2012
2013 2012
Cash flows from operating activities:
Receipts from interfund services provided $ - $14,184
Other receipts 295,372 205,429
Payments to suppliers (210,241)10,214
Payments to employees (869,868)(501,673)
Net cash flows provided by (used in)
operating activities (784,737)(271,846)
Cash flows from noncapital financing activities:
Transfers in - 35,000
Transfers out - -
Intergovernmental receipts 100,024
Net cash flows provided by (used in)
noncapital financing activities 0 135,024
Cash flows from capital and related
financing activities:
Acquisition and construction of capital assets - -
Proceeds from sale of assets - -
Net cash flows provided by (used in) capital
and related financing activities 0 0
Cash flows from investing activities:
Investment income 10,559 24,925
Net increase (decrease) in cash and cash equivalents (774,178)(111,897)
Cash and cash equivalents - January 1 1,293,492 1,405,389
Cash and cash equivalents - December 31 $519,314 $1,293,492
6100 Employee Administrative
140
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 148
Statement 24
Page 1 of 2
2013 2012 2013 2012 2013 2012
$200 $1,200 $781,078 $838,487 $781,278 $853,871
234,994 371,400 73,234 25,379 603,600 602,208
(220,429) (495,877)(3,136,029) (1,085,592)(3,566,699) (1,571,255)
(21,348) (20,899) - - (891,216) (522,572)
(6,583) (144,176)(2,281,717) (221,726)(3,073,037) (637,748)
- 400,000 926,753 409,724 926,753 844,724
(106,171) - - - (106,171) -
- - 1,125,632 438,300 1,125,632 538,324
(106,171) 400,000 2,052,385 848,024 1,946,214 1,383,048
- - (1,725,250) (1,725,250)(1,725,250) (1,725,250)
- - 128,943 - 128,943
0 0 (1,725,250) (1,596,307)(1,725,250) (1,596,307)
3,292 5,810 12,787 12,941 26,638 43,676
(109,462) 261,634 (1,941,795) (957,068)(2,825,435) (807,331)
827,932 566,298 1,703,724 2,660,792 3,825,148 4,632,479
$718,470 $827,932 ($238,071) $1,703,724 $999,713 $3,825,148
Totals6200 Uninsured Loss 6400 Capital Replacement
141
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 149
CITY OF ST. LOUIS PARK, MINNESOTA
COMBINING STATEMENT OF CASH FLOWS
INTERNAL SERVICE FUNDS
For The Year Ended December 31, 2013
With Comparative Amounts For The Year Ended December 31, 2012
2013 2012
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss)($1,016,253)($716,772)
Adjustments to reconcile operating income
(loss) to net cash flows from operating activities:
Depreciation - -
Changes in assets and liabilities:
Decrease (increase) in:
Accounts receivable - 14,184
Prepaid items (8,707)79,770
Increase (decrease) in:
Accounts payable (56,002)55,413
Contracts payable - -
Accrued salaries payable 3,281 1,508
Accrued flex spending (629)(3,542)
Compensated absences payable (26,760)39,691
Other postemployment benefits 320,333 257,902
Total adjustments 231,516 444,926
Net cash provided by (used in)
operating activities ($784,737)($271,846)
Supplemental schedule of noncash capital and related
financing activities
Capital assets purchased on account $ - $ -
Disposal of capital assets $ - $ -
6100 Employee Administrative
142
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 150
Statement 24
Page 2 of 2
2013 2012 2013 2012 2013 2012
$3,926 ($176,297)($3,823,368) ($1,238,183)($4,835,695) ($2,131,252)
- - 1,347,225 1,295,445 1,347,225 1,295,445
200 1,200 - 78,210 200 93,594
27,688 (3,840) - (17,007)18,981 58,923
(13,988)10,352 57,611 (93,111)(12,379) (27,346)
(24,409)24,409 136,815 (247,080)112,406 (222,671)
- - - - 3,281 1,508
- - - - (629)(3,542)
- - - - (26,760)39,691
- - - - 320,333 257,902
(10,509)32,121 1,541,651 1,016,457 1,762,658 1,493,504
($6,583) ($144,176)($2,281,717) ($221,726)($3,073,037) ($637,748)
$ - $ - $ - $ - $ - $ -
$ - $ - $ - $939,625 $ - $939,625
6200 Uninsured Loss 6400 Capital Replacement Totals
143
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 151
GENERAL FUND
The General Fund accounts for all financial resources except those
required to be accounted for in another fund.
144
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 152
CITY OF ST. LOUIS PARK, MINNESOTA
BALANCE SHEET Statement 25
GENERAL FUND
December 31, 2013
With Comparative Totals For December 31, 2012
2013 2012
Assets
Cash and investments $17,261,132 $14,118,162
Accrued interest receivable 39,656 56,774
Due from other governments 537,954 109,516
Accounts receivable 204,824 14,587
Taxes receivable - unremitted 1,148,350 96,966
Taxes receivable - delinquent 160,983 163,481
Prepaid items 52,248 56,731
Inventory 204,003 13,719
Total assets $19,609,150 $14,629,936
Liabilities, Deferred Inflows of Resources, and Fund Balance
Liabilities:
Accounts payable $1,024,758 $299,061
Salaries payable 1,091,445 868,048
Due to other governments 53,311 18,196
Contracts payable 24,740 15,664
Due to other funds - -
Deposits payable 1,003,101 804,928
Unearned revenue 460,446 483,641
Total liabilities 3,657,801 2,489,538
Deferred inflows of resources:
Unavailable revenue 162,583 163,482
Total deferred inflows of resources 162,583 163,482
Fund balance:
Nonspendable 256,251 70,450
Restricted 498,922 458,448
Assigned 691,171 690,242
Unassigned 14,342,422 10,757,776
Total fund balance 15,788,766 11,976,916
Total liabilities, deferred inflows
of resources, and fund balance $19,609,150 $14,629,936
145
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 153
CITY OF ST. LOUIS PARK, MINNESOTA
SUMMARY FINANCIAL REPORT Statement 26
SCHEDULE OF REVENUES AND EXPENDITURES FOR GENERAL OPERATIONS
GOVERNMENTAL FUNDS
For The Year Ended December 31, 2013
2013 2012
Percent Increase
(Decrease)
Revenues:
Property taxes $25,658,762 $24,259,861 5.8%
Tax increments 6,647,729 6,446,389 3.1%
Franchise taxes 2,211,569 1,954,557 13.1%
License and permits 3,069,090 3,241,813 (5.3%)
Intergovernmental 13,887,247 2,983,191 365.5%
Charges for services 3,052,789 3,547,900 (14.0%)
Fines and forfeits 311,882 341,356 (8.6%)
Special assessments 1,505,568 2,233,715 (32.6%)
Interest on investments 123,306 622,450 (80.2%)
Miscellaneous 2,216,820 2,188,262 1.3%
Total revenues 58,684,762 47,819,494 22.7%
Per capita 1,266 1,051
Expenditures:
Current:
General government 7,162,588 6,503,965 10.1%
Public safety 12,435,341 12,571,356 (1.1%)
Operations and recreation 10,083,541 13,955,142 (27.7%)
Engineering 15,998,842 939,416
Public information 408,683 470,280 (13.1%)
Housing and rehabilitation 1,715,540 3,881,500 (55.8%)
Housing maintenance 141,250 116,949 20.8%
Social economic development 8,910,821 7,681,176 16.0%
Capital outlay:
General government - - 0.0%
Public safety 163,766 2,847,957 (94.2%)
Operations and recreation 930,249 636,800 46.1%
Engineering 798,517 319,839
Public information 18,163 6,690 0.0%
Housing and rehabilitation - 71,242 0.0%
Social and economic development 179,103 48,000 273.1%
Debt service:
Principal 3,275,000 1,285,000 154.9%
Interest 1,298,016 1,235,118 5.1%
Bond issuance costs - 45,395 0.0%
Fiscal agent fees 3,895 1,040 0.0%
Total expenditures $63,523,315 $52,616,865 20.7%
Per capita 1,370 1,156
Total bonds payable 21,730,000 21,730,000 0.0%
Per capita 469 478
General Fund balance 15,788,766 11,976,916 31.8%
Per capita 341 263
The purpose of this report is to provide a summary of financial information concerning the City of St. Louis Park to interested
citizens. The complete financial statements may be examined at City Hall, 5005 Minnetonka Blvd, St. Louis Park, Minnesota
55416-2216. Questions about this report should be directed to Brian Swanson, Controller at (952) 924-2500.
Total Governmental Funds
146
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 154
III. STATISTICAL SECTION (UNAUDITED)
147
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 155
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
NET POSITION BY COMPONENT
LAST TEN FISCAL YEARS
2004 2005 2006 2007
Governmental activities
Net investment in capital assets $38,042,067 $47,555,983 $56,843,474 $74,883,912
Restricted 3,928,407 10,841,736 9,340,767 13,098,282
Unrestricted 65,641,642 59,482,664 60,462,334 46,155,656
Total governmental activities net position $107,612,116 $117,880,383 $126,646,575 $134,137,850
Business-type activities
Net investment in capital assets $23,516,232 $25,769,652 $25,629,760 $25,644,428
Unrestricted 11,741,791 9,119,032 7,514,603 7,499,935
Total business-type activities net position $35,258,023 $34,888,684 $33,144,363 $33,144,363
Total primary government
Net investment in capital assets $61,558,299 $73,325,635 $82,473,234 $100,528,340
Restricted 3,928,407 10,841,736 9,340,767 13,098,282
Unrestricted 77,383,433 68,601,696 67,976,937 53,655,591
Total primary government $142,870,139 $152,769,067 $159,790,938 $167,282,213
Note:
GASB 65 was implemented in 2013. Net position was restated for 2012 to reflect the expenses of bond issuance costs in the
year of issuance. Net position for years prior to 2012 was not restated.
Fiscal Year
148
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 156
Table 1
2008 2009 2010 2011 2012 2013
$76,600,774 $89,252,994 $94,326,512 $99,835,484 $95,020,700 $96,480,493
- 20,075,976 21,692,426 17,695,996 18,941,172 13,560,965
65,908,328 40,508,755 40,581,189 43,929,086 46,413,200 45,688,600
$142,509,102 $149,837,725 $156,600,127 $161,460,566 $160,375,072 $155,730,058
$27,559,942 $23,977,469 $21,717,923 $22,347,266 $22,906,086 $19,127,309
6,414,768 6,903,776 8,433,915 8,524,086 9,829,024 11,540,303
$33,974,710 $30,881,245 $30,151,838 $30,871,352 $32,735,110 $30,667,612
$104,160,716 $113,230,463 $116,044,435 $122,182,750 $117,926,786 $115,607,802
- 20,075,976 21,692,426 17,695,996 18,941,172 13,560,965
72,323,096 47,412,531 49,015,104 52,453,172 56,001,992 57,228,903
$176,483,812 $180,718,970 $186,751,965 $192,331,918 $192,869,950 $186,397,670
Fiscal Year
149
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 157
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2004 2005 2006 2007
Expenses
Governmental activities
General government $6,580,494 $6,802,845 $7,155,916 $8,251,341
Public safety 9,765,605 10,262,906 11,695,841 10,721,803
Public works 4,805,735 5,520,192 6,895,260 5,979,789
Public information 255,237 262,962 231,124 404,074
Culture and recreation 5,477,788 6,262,800 6,399,633 6,916,001
Operations and recreation - - - -
Engineering - - - -
Housing and rehabilitation 285,019 397,834 728,433 1,079,211
Housing maintenance 229,861 161,558 373,393 121,118
Social and economic development 1,105,501 3,888,897 9,784,543 5,910,149
General services 1,596 7,626 22,484 6,830
Interest on long-term debt 1,784,022 1,478,427 1,345,023 1,301,266
Total governmental activities expenses 30,290,858 35,046,047 44,631,650 40,691,582
Business-type activities
Water 2,655,285 2,607,123 2,845,614 3,285,107
Sewer 3,986,920 3,904,543 4,268,952 4,199,659
Solid waste - - - -
Refuse 1,996,615 2,019,204 2,029,302 2,019,595
Storm water 752,331 793,977 1,032,410 1,088,170
Wireless - - 402,683 1,151,751
Total business-type activities expenses 9,391,151 9,324,847 10,578,961 11,744,282
Total expenses $39,682,009 $44,370,894 $55,210,611 $52,435,864
Program revenues
Governmental activities
Charges for services
General government $645,050 $639,679 $936,199 $978,058
Public safety 2,739,097 3,488,259 3,049,369 2,977,475
Public works - - 432,932 1,483,824
Public information - - - -
Culture and recreation 2,223,977 2,317,222 1,886,153 2,409,625
Operations and recreation - - - -
Engineering - - - -
Housing and rehabilitation - - 456,088 527,536
Housing maintenance 1,189,257 1,378,015 - -
Social and economic development - - 32,456 202,110
Interest on long-term debt - - - -
Operating grants and contributions 2,499,857 1,283,407 7,703,241 3,908,485
Capital grants and contributions 696,152 2,412,375 6,290,881 2,113,560
Total governmental activities program revenue 9,993,390 11,518,957 20,787,319 14,600,673
Business-type activities
Charges for services
Water 2,567,638 2,363,709 2,968,926 3,461,301
Sewer 4,263,433 4,367,868 4,584,802 4,820,732
Solid waste - - - -
Refuse 2,021,725 1,857,808 2,124,203 2,395,469
Storm water 802,856 914,701 1,169,915 1,473,746
Wireless - - 41,057 68,959
Operating grants and contributions - 119,165 263,181 208,814
Capital grants and contributions - 1,236,740 209,277 -
Total business-type activities program revenue 9,655,652 10,859,991 11,361,361 12,429,021
Total program revenues $19,649,042 $22,378,948 $32,148,680 $27,029,694
Fiscal Year
150
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 158
Table 2
Page 1 of 2
2008 2009 2010 2011 2012 2013
$8,216,816 $8,167,355 $7,192,652 $7,247,716 $7,387,354 $10,085,905
11,867,403 12,138,185 12,256,272 12,535,793 13,264,220 13,365,297
6,904,217 6,915,541 19,446,758 7,513,833 - -
425,829 457,872 435,050 803,885 524,012 466,043
7,352,406 7,456,215 7,792,614 7,882,789 - -
- - - - 15,209,548 13,487,238
- - - - 5,253,969 16,046,665
1,615,010 1,544,175 4,150,595 794,935 3,914,261 1,774,657
199,757 128,099 241,345 79,786 116,949 141,250
5,494,634 6,321,623 4,861,518 6,171,527 7,810,635 9,040,280
2,653 7,662 - - - -
1,329,767 1,543,879 1,453,555 1,695,758 1,245,294 1,295,298
43,408,492 44,680,606 57,830,359 44,726,022 54,726,242 65,702,633
3,391,992 4,089,837 3,904,801 3,839,592 3,890,860 5,747,116
4,485,386 4,228,680 4,193,191 4,572,869 4,593,166 5,272,646
- - 2,116,949 2,319,099 2,562,985 3,614,118
2,135,677 2,125,540 - - - -
1,172,199 1,287,202 1,325,803 1,373,546 1,485,390 1,390,235
315,664 151,708 - - - -
11,500,918 11,882,967 11,540,744 12,105,106 12,532,401 16,024,115
$54,909,410 $56,563,573 $69,371,103 $56,831,128 $67,258,643 $81,726,748
$955,811 $888,246 $1,065,209 $1,059,527 $1,060,679 $1,024,253
4,282,699 2,958,383 2,898,634 2,917,525 3,344,449 3,109,813
380,452 2,292,287 601,890 315,163 - -
- - - 200,000 - -
2,121,505 2,083,015 1,959,556 2,111,348 2,438,841 -
- - - - - 2,035,715
- - - - - 1,032
507,163 562,930 8,833 62,191 8,162 8,606
- - - - - -
173,960 184,236 588,757 316,935 281,002 250,015
- 318,134 - - - -
3,581,092 2,664,563 1,735,926 2,065,312 2,360,465 2,709,644
2,822,683 2,131,755 14,908,522 1,878,697 6,290,076 11,881,109
14,825,365 14,083,549 23,767,327 10,926,698 15,783,674 21,020,187
3,584,384 4,294,962 4,148,394 4,475,068 5,109,446 5,037,067
4,506,339 5,153,171 5,277,473 5,768,266 5,959,931 5,822,085
- - 2,719,376 2,894,726 2,858,930 2,912,415
2,348,133 2,458,555 - - - -
1,529,180 1,699,557 1,829,792 1,904,587 1,977,663 2,054,915
51,322 16,140 - - - -
966,053 167,604 103,342 103,166 105,976 135,642
1,040,384 - 2,890 - - -
14,025,795 13,789,989 14,081,267 15,145,813 16,011,946 15,962,124
$28,851,160 $27,873,538 $37,848,594 $26,072,511 $31,795,620 $36,982,311
Fiscal Year
151
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 159
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
CHANGES IN NET POSITION
LAST TEN FISCAL YEARS
(accrual basis of accounting)
2004 2005 2006 2007
Net (expenses) revenues
Governmental activities ($20,297,468) ($23,527,090) ($23,844,331) ($26,090,909)
Business-type activities 264,501 1,535,144 755,400 684,739
Total primary government ($20,032,967) ($21,991,946) ($23,088,931) ($25,406,170)
General Revenues and Other Changes in Net Position
Governmental activities:
Taxes:
Property taxes $20,259,269 $21,965,197 $23,538,989 $26,163,519
Tax increment
Franchise taxes 1,283,654 1,431,779 1,358,902 1,440,034
State grants and contributions not
restricted to specific programs 1,701,769 1,520,187 932,634 825,327
Unrestricted investment earnings 942,743 1,484,873 2,881,818 4,139,689
Gain on sale of capital assets 101,593 182,373 128,344 378,075
Miscellaneous 470,409 672,032 474,054 341,335
Transfers 1,966,473 2,095,521 1,923,760 1,996,291
Total governmental activities expenses 26,725,910 29,351,962 31,238,501 35,284,270
Business-type activities:
Unrestricted investment earnings 167,840 184,950 254,966 466,923
Miscellaneous (111,357) 3,949 13,702 -
Gain on sale of capital assets - 2,139 - -
Transfers (1,966,473) (2,095,521) (1,923,760) (1,996,291)
Total business-type activities expenses (1,909,990) (1,904,483) (1,655,092) (1,529,368)
Total primary government $24,815,920 $27,447,479 $29,583,409 $33,754,902
Change in net position:
Governmental activities $6,428,442 $5,824,872 $7,394,170 $9,193,361
Business-type activities (1,645,489) (369,339) (899,692) (844,629)
Prior period adjustment - - (474,033) 143,969
Total primary government $4,782,953 $5,455,533 $6,020,445 $8,492,701
Note:
GASB 65 was implemented in 2013. Governmental and business-type activities expenses were restated for 2012 to reflect
the expensing of bond issuance costs in the year of issuance. Expenses for years prior to 2012 were not restated.
Fiscal Year
152
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 160
Table 2
Page 2 of 2
2008 2009 2010 2011 2012 2013
($28,583,127) ($30,597,057) ($34,063,032) ($33,799,324) ($38,942,568) ($44,682,446)
2,524,877 1,907,022 2,540,523 3,040,707 3,479,545 (61,991)
($26,058,250) ($28,690,035) ($31,522,509) ($30,758,617) ($35,463,023) ($44,744,437)
$28,523,119 $29,512,631 $29,642,090 $23,527,322 $24,625,789 $26,963,176
7,222,976 6,446,389 6,647,729
1,507,994 1,503,075 1,497,178 1,894,714 1,954,557 2,211,569
519,850 153,108 151,624 156,325 46,422 45,266
2,133,858 1,452,176 629,094 1,048,395 663,978 138,899
1,842,601 91,149 34,453 51,686 60,416 69,237
470,230 11,229 950,231 2,300,478 2,183,685 2,199,629
1,956,727 5,202,312 3,358,921 2,457,867 1,660,035 1,761,927
36,954,379 37,925,680 36,263,591 38,659,763 37,641,271 40,037,432
243,724 201,825 88,991 136,674 113,260 (3,348)
18,473 - - - - -
- - - - - -
(1,956,727) (5,202,312) (3,358,921) (2,457,867) (1,660,035) (1,761,927)
(1,694,530) (5,000,487) (3,269,930) (2,321,193) (1,546,775) (1,765,275)
$35,259,849 $32,925,193 $32,993,661 $36,338,570 $36,094,496 $38,272,157
$8,371,252 $7,328,623 $2,200,559 $4,860,439 ($1,301,297) ($4,645,014)
830,347 (3,093,465) (729,407) 719,514 1,932,770 (1,827,266)
- - - - - -
$9,201,599 $4,235,158 $1,471,152 $5,579,953 $631,473 ($6,472,280)
Fiscal Year
153
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 161
- This page intentionally left blank -
154
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 162
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 3
GOVERNMENTAL ACTIVITIES TAX REVENUES BY SOURCE
LAST TEN FISCAL YEARS
Fiscal Property Franchise
Year Tax Tax Total
2004 $20,259,269 $1,283,654 $21,542,923
2005 21,965,197 1,431,779 23,396,976
2006 23,538,989 1,358,902 24,897,891
2007 26,163,519 1,440,034 27,603,553
2008 28,523,119 1,507,993 30,031,112
2009 28,523,119 1,503,075 30,026,194
2010 29,316,753 1,497,178 30,813,931
2011 30,853,927 1,894,714 32,748,641
2012 31,220,365 1,954,557 33,174,922
2013 33,610,905 2,211,569 35,822,474
155
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 163
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2004 2005 2006 2007
General fund
Reserved $42,267 $118,002 $104,774 $13,719
Unreserved 8,153,025 8,622,091 9,847,341 10,100,187
Nonspendable - - - -
Restricted - - - -
Assigned - - - -
Unassigned - - - -
Total General fund $8,195,292 $8,740,093 $9,952,115 $10,113,906
All other governmental funds
Reserved $9,548,264 $19,338,220 $9,276,305 $10,229,125
Unreserved, reported in:
Special revenue funds 8,333,265 7,707,696 10,012,784 9,450,210
Capital projects funds 33,435,630 30,396,836 38,126,004 38,889,030
Other funds 5,430,918 2,257,068 - -
Nonspendable - - - -
Restricted - - - -
Committed - - - -
Assigned - - - -
Unassigned - - - -
Total all other governmental funds $56,748,077 $59,699,820 $57,415,093 $58,568,365
Note:
The City implemented GASB Statement No. 54 for the fiscal year ended December 31, 2010, resulting in significant
reclassification of the components of fund balance.
Fiscal Year
156
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 164
Table 4
2008 2009 2010 2011 2012 2013
$29,368 $572,206 $ - $ - $ - $ -
11,697,232 7,326,638 - - - -
- - 80,664 71,192 70,450 256,251
- - 425,967 427,718 458,448 498,922
- - 124,503 139,483 690,242 691,171
- - 10,399,401 10,799,829 10,757,776 14,342,422
$11,726,600 $7,898,844 $11,030,535 $11,438,222 $11,976,916 $15,788,766
$10,610,175 $7,540,696 $ - $ - $ - $ -
7,134,284 7,568,944 - - - -
43,134,211 40,680,331 - - - -
- - - - - -
- - 11,570,382 11,391,114 14,059,579 13,889,317
- - 32,296,848 18,298,167 17,196,417 11,769,076
- - 466,792 511,610 459,160 467,682
- - 25,151,409 26,518,495 25,583,093 22,925,072
- - (7,872,234) (5,042,828) (7,567,117) (7,020,483)
$60,878,670 $55,789,971 $61,613,197 $51,676,558 $49,731,132 $42,030,664
Fiscal Year
157
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 165
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS
(modified accrual basis of accounting)
2004 2005 2006 2007
Revenues
Taxes $20,146,562 $21,909,256 $19,416,738 $20,951,991
Tax increments - - 5,390,257 6,597,092
Franchise taxes
Licenses and permits 2,569,868 2,932,988 2,934,270 2,946,749
Intergovernmental 3,608,768 5,410,252 12,943,457 3,737,619
Charges for services 4,935,172 4,197,987 2,394,509 276,693
Fines and forfeits 251,256 286,003 322,558 4,482,834
Special assessments 920,680 827,361 843,030 840,965
Investment earnings 854,636 1,323,843 2,717,490 3,851,542
Miscellaneous 2,431,999 2,397,275 2,648,354 3,038,836
Total revenues 35,718,941 39,284,965 49,610,663 46,724,321
Expenditures
General government 5,298,509 5,662,931 5,985,314 6,642,231
Public safety 9,628,174 11,221,408 11,060,618 10,851,256
Public works 4,000,282 3,772,650 4,934,433 4,089,223
Public information 249,388 259,461 227,106 393,863
Culture and recreation 4,786,730 5,271,726 6,095,959 7,274,375
Operations and recreation - - - -
Engineering - - - -
Housing and rehabilitation 285,019 397,834 739,391 688,062
Housing maintenance 229,861 161,558 373,393 121,118
Social and economic development 791,110 1,405,434 9,124,251 5,822,842
General services 1,596 7,626 22,484 6,830
Debt service:
Principal 3,155,000 3,680,000 6,360,000 4,065,000
Interest 1,693,689 1,626,517 1,450,460 1,304,565
Other charges - 59,589 - -
Capital outlay 7,382,608 11,206,131 4,567,251 5,804,342
Total expenditures 37,501,966 44,732,865 50,940,660 47,063,707
Excess (deficiency) of revenues
over (under) expenditures (1,783,025) (5,447,900) (1,329,997) (339,386)
Other financing sources (uses)
Transfers in 10,608,768 9,650,253 6,432,713 8,383,989
Transfers out (8,757,973) (8,716,751) (5,480,804) (7,008,202)
Principal paid on refunded bonds (7,295,000) - - -
Refunding bonds issued - 2,370,000 - -
Bonds issued 7,490,000 3,705,000 - -
Premium on bonds issued - 151,602 - -
Discount on bonds issued (77,962)(5,746) - -
Redemption of refunded bonds - - - -
Payments to refunded bond escrow agent - - - -
Costs paid to refunded bond escrow agent - - - -
Gain (loss) on sale of capital assets 132,496 1,566,691 (220,584) 278,662
Total other financing
sources (uses)2,100,329 8,721,049 731,325 1,654,449
Net change in fund balances $317,304 $3,273,149 ($598,672) $1,315,063
Debt service as a percentage of
noncapital expenditures 16.10%15.83%16.84%13.01%
Fiscal Year
158
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 166
Table 5
2008 2009 2010 2011 2012 2013
$21,563,302 $21,700,329 $22,667,190 $23,336,537 $24,259,861 $25,658,762
8,371,424 7,846,204 6,649,563 7,222,976 6,446,389 6,647,729
1,503,075 1,497,178 1,894,714 1,954,557 2,211,569
4,072,753 2,786,032 2,359,716 2,797,700 3,241,813 3,069,090
2,424,119 3,867,795 11,879,601 3,105,500 2,983,191 13,887,247
324,512 4,228,179 4,051,971 3,897,710 3,547,900 3,052,789
3,894,839 332,694 401,610 281,047 341,356 311,882
703,484 800,054 1,550,110 985,912 2,233,715 1,505,568
1,990,854 1,358,170 612,098 949,510 622,450 123,306
3,591,212 2,615,062 3,050,231 2,285,608 2,188,262 2,216,820
46,936,499 47,037,594 54,719,268 46,757,214 47,819,494 58,684,762
6,642,295 6,472,022 6,219,751 6,415,318 6,503,965 7,162,588
11,744,656 11,949,612 11,771,246 11,885,577 12,571,356 12,435,341
4,671,631 4,637,289 15,624,494 4,437,939 - -
415,609 445,146 387,459 383,586 470,280 408,683
6,213,945 6,027,059 6,234,938 6,546,054 - -
- - - - 13,955,142 10,083,541
- - - - 939,416 15,998,842
1,621,099 1,550,264 4,144,378 790,918 3,881,500 1,715,540
199,757 128,099 241,170 79,786 116,949 141,250
5,162,698 6,241,123 4,720,638 6,426,013 7,681,176 8,910,821
2,653 7,662 - - - -
4,485,000 4,709,000 2,170,000 5,420,000 1,285,000 3,275,000
1,365,484 1,322,477 1,170,286 1,170,549 1,235,118 1,298,016
- - 453,288 1,040 46,435 3,895
9,998,748 10,314,002 6,306,083 14,295,009 3,930,528 2,089,798
52,523,575 53,803,755 59,443,731 57,851,789 52,616,865 63,523,315
(5,587,076) (6,766,161) (4,724,463) (11,094,575) (4,797,371) (4,838,553)
11,129,934 9,939,299 11,809,353 7,086,529 6,395,355 10,472,534
(9,233,136) (10,579,081) (14,974,391) (5,520,906) (5,580,044) (9,531,189)
- - - - - -
- - 3,615,000 - 1,290,000 -
5,490,000 2,000,000 16,130,000 - - -
- 10,202 2,792 - - -
- - - - - -
- - (1,825,000) - - -
- (6,045,000)4,430,000 - - -
- (199,425)(4,164,000) - - -
2,123,277 - 27,412 - 885,328 8,590
9,510,075 (4,874,005)15,051,166 1,565,623 2,990,639 949,935
$3,922,999 ($11,640,166)$10,326,703 ($9,528,952)($1,806,732)($3,888,618)
13.76%13.87%6.29%12.86%5.27%7.45%
Fiscal Year
159
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 167
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
ASSESSED VALUE/TAX CAPACITY VALUE AND ESTIMATED MARKET VALUE
OF ALL TAXABLE PROPERTY
LAST TEN FISCAL YEARS
2004 2005 2006 2007
Population 44,896 44,511 44,422 43,145
Real Property
Total assessed/tax capacity value $51,772,756 $56,737,869 $62,912,413 $68,025,921
Less tax increment districts -(4,665,583) (5,211,867) (6,335,246) (7,644,566)
Area-wide allocation (net)(703,750) (1,153,662) (1,186,353) (1,498,263)
Net assessed/tax capacity value $47,107,173 $50,372,340 $55,390,814 $58,883,092
Estimated market value $4,828,585,300 $4,841,195,800 $5,232,595,500 $5,553,715,600
Personal Property
Assessed/tax capacity value $456,914 $464,571 $489,063 $458,627
Estimated market value $23,123,200 $23,527,400 $24,807,500 $23,263,700
Total Real and Personal Property
Assessed/tax capacity value $46,860,340 $50,836,911 $55,879,877 $59,341,719
Estimated market value $4,851,708,500 $4,864,723,200 $5,257,403,000 $5,576,979,300
Tax Capacity Rate 36.0% 35.2% 34.3% 34.1%
Fiscal Year
160
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 168
Table 6
2008 2009 2010 2011 2012 2013
47,198 47,221 45,250 44,665 45,505 46,362
$68,006,453 $69,704,858 $68,386,268 $65,611,006 $62,602,680 $61,348,576
(7,639,464) (8,276,993) (6,976,791) (6,379,980) (5,426,995) (5,587,609)
(1,498,263) (1,635,724) (1,231,482) (2,775,483) (3,220,881) (2,940,678)
$58,868,726 $59,792,141 $60,177,995 $56,455,543 $53,954,804 $52,820,289
$5,552,520,000 $5,633,028,200 $5,550,563,700 $5,302,557,500 $5,226,900,300 $5,103,186,900
$458,627 $434,825 $428,760 $478,864 $490,122 $559,718
$23,263,700 $22,006,100 $21,712,100 $24,363,800 $24,962,100 $28,487,900
$59,327,353 $60,226,966 $60,606,755 $56,934,407 $54,444,926 $53,380,007
$5,575,783,700 $5,655,034,300 $5,572,275,800 $5,326,921,300 $5,251,862,400 $5,131,674,800
35.6% 36.9% 37.7% 41.7% 43.9% 46.6%
Fiscal Year
161
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 169
STATISTICAL SECTION (UNAUDITED)Table 7
2006 2007 2008 2009 2010 2011 2012 2013
Operating Rate 34.164 32.344 32.504 34.402 34.869 39.689 40.303 42.902
Debt Service Rate 2.180 2.394 2.255 2.265 2.247 1.77 3.563 3.65
Total City of St. Louis Park 36.344 34.738 34.759 36.667 37.116 41.459 43.866 46.552
County
Operating Rate 41.016 39.11 38.571 40.413 42.640 45.840 48.231 49.461
School District
Operating Rate 8.665 11.704 8.691 9.08 9.295 12.917 13.324 13.976
Debt Service Rate 11.912 11.781 10.889 11.257 11.803 13.539 15.946 15.754
Other Taxing Districts
St. Louis Park HRA Levy 1.259 1.336 1.344 1.759 1.718 1.817 1.806 1.676
Metro Mosquito Control 0.509 0.499 0.486 0.489 0.461 0.525 0.537 0.556
Metro Council 0.873 0.877 0.812 0.817 0.793 0.885 0.94 0.997
Metro Transit Debt 1.542 1.295 1.264 1.273 1.366 1.539 1.607 1.689
Hennepin County HRA - - - - 0.241 0.397 0.403 0.478
Hennepin Parks 2.830 3.068 3.137 3.334 3.499 3.765 3.943 4.054
Park Museum 0.685 0.700 0.719 0.771 0.778 0.815 0.799 0.754
HC Regional Railroad Authority 0.559 0.871 0.979 0.470 1.000 1.246 1.294 1.561
Referendum Market Value Based Rate - - - - 0.152 0.148 0.000
Watershed 1.072 1.121 1.404 1.489 1.511 1.606 1.705 1.769
Total 107.266 107.100 103.055 107.819 112.373 126.498 134.401 139.277
Note: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44.
City of St. Louis Park
Overlapping Rates
CITY OF ST. LOUIS PARK, MINNESOTA
PROPERTY TAX RATES - DIRECT AND OVERLAPING GOVERNMENTS
LAST EIGHT FISCAL YEARS
Year
162
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 170
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 8
PRINCIPAL PROPERTY TAXPAYERS
CURRENT YEAR AND NINE YEARS AGO
Percentage Percentage
of Total of Total
Taxable Taxable Taxable Taxable
Assessed Assessed Assessed Assessed
Value Rank Value Value Rank Value
Interchange Investors (formerly WHIOP Real Estate Ltd. Partnership) $95,690,000 1 1.86% 86,430,000$ 1 1.78%
G & I VII 1600 & Moneygram LLC 76,000,000 2 1.48%- 0.00%
Duke-Weeks Realty (formerly MEPC American Properties)75,657,000$ 3 1.47% 60,205,000 2 1.24%
Excelsior & Grand 54,080,000 4 1.05%- 0.00%
PNMC Holdings 46,645,700 5 0.91% 36,243,000 4 0.75%
MLCFC 2006 43,000,000 6 0.84%- 0.00%
Camerata LLC 36,300,000 7 0.71%- 0.00%
36 Park LLC 32,640,000 8 0.64%- 0.00%
Ellipse On Excelsior LLC 32,300,000 9 0.63%- 0.00%
WTC No 459 Corp 30,450,000 10 0.59%- 0.00%
Park Glen - 0.00% 21,500,000 6 0.44%
Parkdale Associates - 0.00% 31,200,000 5 0.64%
Park Place OPCO LLC - 0.00% 37,550,000 3 0.77%
Park Blvd. Housing Partnership - 0.00% 19,665,000 7 0.41%
Meadowbrook Manor, Inc.- 0.00% 12,400,000 10 0.26%
Wyndham International - 0.00% 14,100,000 8 0.29%
Xcel Energy - 0.00% 13,406,100 9 0.28%
Total $522,762,700 10.19% $332,699,100 6.86%
Total taxable assessed value $5,131,674,800 $4,851,708,500
Taxpayer
2013 2004
163
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 171
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 9
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Fiscal Year Total Tax
Ended Levy for Percentage Percentage
December 31 Fiscal Year Amount of Levy Amount of Levy
2004 $16,866,840 $16,633,041 98.61% $16,299,691 100.00%
2005 17,901,681 17,644,699 98.56% 17,880,791 100.00%
2006 19,156,317 18,838,892 98.34% 18,358,133 100.00%
2007 20,221,086 19,965,208 98.73% 19,532,175 100.00%
2008 21,100,651 20,693,403 98.07% 20,621,209 100.00%
2009 22,204,522 21,796,296 98.16% 22,017,344 100.00%
2010 22,841,195 22,465,478 98.36% 22,465,478 100.00%
2011 23,724,816 23,368,028 98.50% 23,368,028 99.94%
2012 24,746,325 24,435,571 98.74% 24,435,571 98.74%
2013 25,613,874 25,379,070 99.08% 25,379,070 99.08%
Collected Within the
Fiscal Year of the Levy Total Collections to Date
164
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 172
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 10
RATIOS OF OUTSTANDING DEBT BY TYPE
LAST NINE FISCAL YEARS
General Total Percentage
Fiscal Obligation Tax Increment Capital Revenue Notes Primary of Personal Per
Year Bonds Bonds Leases Bonds Payable Government Income (1) Capita (1)
2005 $13,335,000 $22,795,000 $15,000 $2,550,000 $29,082 $38,724,082 2.60% 871.73$
2006 12,645,000 17,125,000 7,500 2,365,000 1,791 32,144,291 2.10% 710.91
2007 11,805,000 13,900,000 - 5,835,000 - 31,540,000 1.96% 668.25
2008 10,715,000 15,995,000 - 9,570,000 - 36,280,000 2.25% 768.68
2009 9,590,000 8,405,000 - 9,185,000 - 27,180,000 1.54% 575.59
2010 26,335,000 7,410,000 - 11,335,000 - 45,080,000 2.71% 996.24
2011 21,420,000 6,905,000 26,220 10,555,000 - 38,906,220 2.32% 854.99
2012 21,730,000 6,600,000 - 9,600,000 - 37,930,000 2.17% 833.53
2013 20,185,000 4,870,000 - 12,785,000 - 37,840,000 2.07% 816.19
Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
Fiscal Year 2005 was the first year of implementing GASB Statement No. 44.
(1) See the Schedule of Demographic Statistics on page 171 for personal income and population data.
Governmental Activities Business Type Activities
165
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 173
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 11
RATIOS OF GENERAL BONDED DEBT OUTSTANDING
LAST NINE FISCAL YEARS
Percentage of
Less: Amounts Estimated
General Available Actual Taxable
Fiscal Obligation in Debt Value of Per
Year Bonds Service Funds Total Property (1) Capita (2)
2005 $13,335,000 $1,200,313 $12,134,687 0.25% $272.62
2006 12,645,000 1,383,783 11,261,217 0.21% 245.43
2007 11,805,000 1,715,646 10,089,354 0.18% 223.14
2008 10,715,000 1,798,636 8,916,364 0.16% 188.91
2009 9,590,000 1,378,737 8,211,263 0.15% 173.89
2010 26,335,000 2,765,611 23,569,389 0.42% 520.87
2011 21,420,000 2,792,922 18,627,078 0.35% 417.04
2012 21,730,000 3,862,613 17,867,387 0.34% 392.65
2013 20,185,000 2,409,643 17,775,357 0.34% 383.40
Note: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44.
(1) See the Schedule of Assessed Value/Tax Capacity Value and Estimated Market Value on
page 160 for property value data.
(2) Population data can be found in the Schedule of Demographic Statistics on page 171.
166
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 174
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 12
DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT
AS OF DECEMBER 31, 2013
Share of
Debt Percentage Overlapping
Outstanding (1) Applicable (2) Debt
Overlapping Debt:
Hennepin County 723,264,582$ 0.04 28,424,298$
St. Louis Park Independent School District 39,643,656 99.58% 39,477,153
Hopkins Independent School District 169,181,538 3.43% 5,802,927
Edina Independent School District 62,133,856 0.07% 43,494
Hennepin County Suburban Park District 54,166,123 5.34% 2,892,471
Hennepin Regional RR Authority 37,350,216 5.34% 1,994,502
Metropolitan Council 158,664,771 1.80% 2,855,966
Subtotal of Overlapping Debt: 1,244,404,742 81,490,810
Direct Debt:
City of St. Louis Park 20,185,000 100.00% 20,185,000
Total of Direct and Overlapping Debt: 1,264,589,742$ 101,675,810$
Source: Hennepin County, Minnesota
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City of St. Louis
Park. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the
residents and businesses of the City of St. Louis Park. This process recognizes that, when considering the City's ability to
issue and repay long-term debt, the entire burden borne by the residents and businesses should be taken into account.
However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each
overlapping government.
(1) Net debt which excludes revenue and special assessment bonds
(2) The percentage applicable to the City of St. Louis Park was determined by dividing the portion of tax capacity within the
City by the total tax capacity of the of the taxing jurisdiction.
Governmental Unit
167
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 175
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)
LEGAL DEBT MARGIN INFORMATION
LAST EIGHT FISCAL YEARS
2006 2007 2008
Debt Limit $105,148,060 $111,539,586 $167,273,511
Total Net Debt Applicable to Limit 3,497,669 3,127,988 2,747,414
Legal Debt Margin $101,650,391 $108,411,598 $164,526,097
Total Net Debt Applicable to the Limit as
a percentage of Debt Limit 3.33% 2.80% 1.64%
Legal Debt Margin Calculation for Fiscal Year
Estimated Taxable Market Value $5,257,403,000 $5,576,979,300 $5,575,783,700
Debt Limit (3% of taxable market value) $105,148,060 $111,539,586 $167,273,511
Debt applicable to limit:
Total Bonded Debt 32,135,000 31,540,000 36,280,000
Less:
Amount Set Aside for Repayment of G.O. Bonds (207,331) (452,012) (487,586)
G.O. Revenue Bonds (2,365,000) (5,835,000) (9,570,000)
G.O. Improvement Bonds (8,940,000) (8,225,000) (7,480,000)
G.O. Tax Increment Bonds (17,125,000) (13,900,000) (15,995,000)
Total Net Debt Applicable to Limit: 3,497,669 3,127,988 2,747,414
Legal Debt Margin: $101,650,391 $108,411,598 $164,526,097
Note A: Under State of Minnesota law, the City of St. Louis Park's outstanding general obligation debt should not exceed
3 percent of the market value of the taxable property. By law, the general obligation debt subject to the limitation may be
offset by amounts set aside for the extinguishment of those obligations.
Note B: Fiscal Year 2005 was the first year of implementing GASB Statement No. 44.
Fiscal Year
168
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 176
Table 13
2009 2010 2011 2012 2013
$159,807,639 $167,168,274 $159,807,639 $157,555,872 153,950,244$
(16,300,000) 15,535,000 15,150,000 14,755,000 13,820,000$
$176,107,639 $151,633,274 $144,657,639 $142,800,872 $140,130,244
-10.20% 9.29% 9.48% 9.36% 8.98%
$5,326,921,300 $5,572,275,800 $5,326,921,300 $5,251,862,400 $5,131,674,800
$159,807,639 $167,168,274 $159,807,639 $157,555,872 $153,950,244
- 45,079,924 38,880,000 37,930,000 37,840,000
- (11,334,924) (10,555,000) (9,600,000) (12,785,000)
(6,710,000) (10,800,000) (6,270,000) (6,975,000) (6,365,000)
(9,590,000) (7,410,000) (6,905,000) (6,600,000) (4,870,000)
(16,300,000) 15,535,000 15,150,000 14,755,000 13,820,000
$176,107,639 $151,633,274 $144,657,639 $142,800,872 $140,130,244
Fiscal Year
169
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 177
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 14
PLEDGED REVENUE BOND COVERAGE
LAST EIGHT FISCAL YEARS
Utility Less: Net
Fiscal Charges Operating Available
Year and Other Expenses Revenue Principal Interest Coverage
2006 $1,189,239 ($904,916) $284,323 $185,000 $111,595 0.96%
2007 5,025,203 (4,115,066) 910,137 195,000 103,898 3.04%
2008 5,200,332 (4,300,290) 900,042 340,000 264,902 1.49%
2009 5,985,714 (4,982,093) 1,003,621 385,000 374,208 1.32%
2010 5,981,074 (3,851,018) 2,130,056 400,000 327,325 2.93%
2011 12,186,180 (8,269,813) 3,916,367 525,000 363,435 4.41%
2012 13,079,123 (8,387,329) 4,691,794 1,405,000 375,218 2.64%
2013 12,659,936 (10,417,099) 2,242,838 985,000 324,393 1.71%
Note: Details regarding the government's outstanding debt can be found in the notes to the financial statements.
Fiscal Year 2005 was the first year of implementing GASB Statement No. 44.
Water, Sewer, and Storm Water charges and other includes investment earnings. Operating expenses do not
include interest, depreciation or transfers out.
Debt Service
170
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 178
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 15
DEMOGRAPHIC STATISTICS
LAST TEN FISCAL YEARS
Personal Income
(amounts
expressed Per Capita Median School Unemployment
Year Population (1) in thousands) Income (1) Age (1) Enrollment (2) Rate (3)
2004 44,896 $1,421,229 $31,656 37.1 4,261 4.1%
2005 44,511 1,451,311 32,606 37.5 4,251 3.4%
2006 44,422 1,491,876 33,584 37.7 4,098 3.1%
2007 45,216 1,527,170 33,775 38.3 4,175 3.7%
2008 47,198 1,613,039 34,176 35.8 4,258 5.6%
2009 47,221 1,761,674 37,307 35.7 4,447 5.9%
2010 45,250 1,660,539 36,697 35.5 4,347 3.9%
2011 44,665 1,680,297 37,620 35.4 4,365 4.4%
2012 45,505 1,744,525 38,337 35.4 4,472 4.6%
2013 46,362 1,828,193 39,433 35.4 4,545 4.4%
Source: (1) Federal Census Bureau data
(2) St. Louis Park School District
(3) Minnesota Department of Employment and Economic Development
171
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 179
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 16
PRINCIPAL EMPLOYERS
CURRENT YEAR AND NINE YEARS AGO
Employees Rank Employees Rank
Park Nicollet Health Services and Methodist Hospital 5,799 1 21.5 % 7,440 1 26.1 %
St. Louis Park Public Schools 671 2 2.5 761 3 2.7
Japs-Olson Company 600 3 2.2 590 4 2.1
MoneyGram International (formerly Travelers Express) 554 4 2.1 420 8 1.5
Sholom Home West 552 5 2.0 422 7 1.5
Super Target 435 6 1.6 - -
St. Louis Park, City of 429 7 1.6 470 6 1.6
Golden Living Center 277 8 1.0 - -
Epicor Software Corporation 275 9 1.0 - -
Lifetime Fitness 250 10 0.9 - -
Allied Interstate - - 389 9 1.4
Knollwood Mall - - 1,700 2 6.0
Miracle Mile Shopping Center - - 350 10 1.2
Nestle Nutrition (formerly Novartis Nutrition)- - 490 5 1.7
-
Total 9,842 36.5 % 13,032 45.7 %
Total City employment 26,982 28,525
2013 2004
Employer Employment
Percentage
of Total City
Percentage
of Total City
Employment
172
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 180
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 17
FULL-TIME EQUIVALENT EMPLOYEES BY FUNCTION
LAST NINE FISCAL YEARS
2005 2006 2007 2008 2009 2010 2011 2012 2013
Function
General government 115.0 119.1 123.0 122.5 114.5 105.5 95.4 90.3 88.8
Public safety
Police
Officers 51.0 51.0 51.0 51.0 51.0 51.0 51.0 52.0 52.0
Civilians 18.5 19.5 19.5 18.5 17.0 20.0 23.0 30.0 34.0
Fire
Firefighters and officers 25.0 25.0 25.0 25.0 25.0 25.0 24.0 24.0 24.0
Public Works 33.0 32.7 32.0 32.0 32.0 32.0 32.0 33.0 35.0
Water 7.8 7.8 10.3 11.4 11.4 9.9 11.2 11.2 10.9
Sewer 6.7 5.7 3.7 2.7 2.7 3.6 4.9 4.9 4.9
Refuse 0.7 0.7 0.7 1.8 1.8 1.8 3.3 3.3 3.3
Storm Water 2.0 2.0 2.6 2.6 2.6 3.3 4.9 4.8 4.8
Total Employees 259.7 263.5 267.8 267.5 258.0 252.0 249.7 253.5 257.7
Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44.
Fiscal Year
173
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 181
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 18
OPERATING INDICATORS BY FUNCTION
LAST NINE FISCAL YEARS
2005 2006 2007 2008 2009 2010 2011 2012 2013
Police
Medical calls 2,660 2,876 2,881 3,153 3,110 3,188 3,101 3,152 3,296
Traffic stops 1,959 2,510 1,981 2,724 2,462 4,236 5,362 7,146 6,674
Other 23,508 25,394 24,996 24,412 22,562 21,355 21,742 24,354 25,014
Fire
Inspections/medical/all other
calls 3,970 4,109 4,141 4,357 4,429 3,893 3,078 3,117 3,360
Fire calls - residential 38 67 45 52 82 50 69 66 53
Fire calls - structural 11 16 16 9 14 57 84 76 13
Fire calls - other 60 58 71 46 68 37 53 64 48
Cable TV
Hours of new programming 121 124 94 294 250 456 535 549.5
Inspections
Permits 8,092 8,527 8,616 13,687 8,895 8,397 9,220 9,091 10,254
Inspections 18,316 18,916 17,797 24,022 27,332 20,204 22,818 23,667 26,902
Culture and recreation
Aquatic park attendance 88,491 75,380 80,347 76,218 67,617 69,825 67,422 70,270 52,557
Hours of ice time 6,546 6,508 6,574 6,787 6,354 6,493 4,687 5,444 4,701
Water
Gallons of water production
(billions)2.0 2.2 2.3 2.4 2.4 2.1 2.1 2.4 2.2
Average watermain breaks per
year 30 30 30 30 30 30 30 30 27
Public Works
Snowplowing hours 1,236 1,165 1,556 1,672 2,454 3,216 2,543 1,173 6,449
Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44.
Fiscal Year
174
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 182
CITY OF ST. LOUIS PARK, MINNESOTA
STATISTICAL SECTION (UNAUDITED)Table 19
CAPITAL ASSET STATISTICS BY FUNCTION
LAST NINE FISCAL YEARS
2005 2006 2007 2008 2009 2010 2011 2012 2013
Function
Public safety
Police
Stations 11111111 1
Patrol units 22 25 26 26 26 26 26 28 26
Fire
Stations 22222222 2
Vehicles 10 13 13 13 13 13 13 14 13
Fire hydrants 1,699 1,699 1,699 1,699 1,699 1,699 1,699 1,699 1699
Culture and recreation
Parks 51 51 51 53 53 53 57 57 57
Trails 10 10 10 10 10 10 10 10 10
Streets
Lane miles of streets 290 290 290 290 310 311 311 311 311
Miles of streets 117 117 117 117 155 156 155 155 155
Water
Wells 11 11 11 11 11 11 11 11 11
Water treatment plants 66666666 6
Miles of watermain 148 148 148 148 148 149 160 160 160
Sanitary Sewer
Lift stations 23 23 23 23 23 23 23 23 23
Miles of sewermain 138 138 138 138 138 139 147 147 147
Storm Sewer
Lift stations 10 10 10 10 10 10 10 10 10
Ponds and lakes 26 26 26 26 26 52 52 52 52
Catch basins 2,943 2,943 2,943 2,943 3,154 3,731 3,731 3731 3731
Note: Fiscal Year 2005 was the first year implementing GASB Statement No. 44.
Fiscal Year
175
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 183
- This page intentionally left blank -
176
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 184
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
COMMUNICATION WITH THOSE CHARGED WITH GOVERNANCE
To the Honorable Mayor and
Members of the City Council
City of St. Louis Park, Minnesota
We have audited the financial statements of the governmental activities; the business-
type activities, each major fund and the aggregate remaining fund information of the City of
St. Louis Park, Minnesota for the year ended December 31, 2013. Professional standards
require that we provide you with information about our responsibilities under generally
accepted auditing standards and the standards applicable to financial audits contained in
Government Auditing Standards, as well as certain information related to the planning scope
and timing of our audit. We have communicated such information in our letter to you dated
December 3, 2013. Professional standards also require that we communicate to you the
following information related to our audit.
Significant Audit Results
Qualitative Aspects of Accounting Practices
Management is responsible for the selection and use of appropriate accounting policies.
The significant accounting policies used by the City are described in Note 1 to the financial
statements. For fiscal year 2013, the City was required to implement GASB Statement No.
65, Items Previously Reported as Assets and Liabilities. The most significant effects of this
standard are that accounts previously presented as liabilities are now reported as deferred
inflows of resources and beginning net position was restated to expense bond issuance costs
in the year of debt issuance. We noted no transactions entered into by the City during the
year for which there is a lack of authoritative guidance or consensus. All significant
transactions have been recognized in the financial statements in the proper period.
Accounting estimates are an integral part of the financial statements prepared by
management and are based on management’s knowledge and experience about past and
current events and assumptions about future events. Certain accounting estimates are
particularly sensitive because of their significance to the financial statements and because of
the possibility that future events affecting them may differ significantly from those expected.
The most sensitive estimates affecting the financial statements are management’s estimate of
the net OPEB obligation which is based on the OPEB actuarial study and management’s
estimate of the value of land held for resale which is based on the estimated recoverable
costs. We evaluated the key factors and assumptions used to develop the estimate for the net
OPEB obligation and the value for the land held for resale in determining that they are
reasonable in relation to the financial statements taken as a whole.
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 185
City of St. Louis Park, Minnesota
Communication With Those Charged With Governance
Page 2
The financial statement disclosures are neutral, consistent, and clear.
Difficulties Encountered in Performing the Audit
We encountered no difficulties in dealing with management in performing and
completing our audit.
Corrected and Uncorrected Misstatements
Professional standards require us to accumulate all known and likely misstatements
identified during the audit, other than those that are trivial, and communicate them to the
appropriate level of management.
We identified the following uncorrected misstatements of the financial statements:
Delinquent property taxes receivable and property tax revenue are understated
by $120,581 related negative receivable balance reported by the County for
fiscal years 2008-2011.
Management has determined that the effect is immaterial to the financial statements
taken as a whole.
In addition, the Prior Period Adjustment for $240,232 relating to unearned antenna
lease revenue was recorded in the 2013 financial statements.
Disagreements with Management
For purposes of this letter, a disagreement with management is a financial accounting,
reporting, or auditing matter, whether or not resolved to our satisfaction that could be
significant to the financial statements or the auditor’s report. We are pleased to report that no
such disagreements arose during the course of our audit.
Management Representations
We have requested certain representations from management that are included in the
management representation letter dated May 22, 2014.
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 186
City of St. Louis Park, Minnesota
Communication With Those Charged With Governance
Page 3
Management Consultations with Other Independent Accountants
In some cases, management may decide to consult with other accountants about auditing
and accounting matters, similar to obtaining a “second opinion” on certain situations. If a
consultation involves application of an accounting principle to the City’s financial statements
or a determination of the type of auditor’s opinion that may be expressed on those statements,
our professional standards require the consulting accountant to check with us to determine
that the consultant has all the relevant facts. To our knowledge, there were no such
consultations with other accountants.
Other Audit Findings or Issues
We generally discuss a variety of matters, including the application of accounting
principles and auditing standards, with management each year prior to retention as the City’s
auditors. However, these discussions occurred in the normal course of our professional
relationship and our responses were not a condition to our retention.
Other Matters
We applied certain limited procedures to the management discussion and analysis,
budgetary comparison information, OPEB Schedule of Funding Progress, and the Notes to
Required Supplementary Information, which are required supplementary information (RSI)
that supplements the basic financial statements. Our procedures consisted of inquiries of
management regarding the methods of preparing the information and comparing the
information for consistency with management’s responses to our inquiries, the basic financial
statements, and other knowledge we obtained during our audit of the basic financial
statements. We did not audit the RSI and do not express an opinion or provide any assurance
on the RSI.
We were engaged to report on the combining major and nonmajor fund financial
statements and schedules, which accompany the financial statements but are not RSI. With
respect to this supplementary information, we made certain inquiries of management and
evaluated the form, content, and methods of preparing the information to determine that the
information complies with accounting principles generally accepted in the United States of
America, the method of preparing it has not changed from the prior period, and the
information is appropriate and complete in relation to our audit of the financial statements.
We compared and reconciled the supplementary information to the underlying accounting
records used to prepare the financial statements or to the financial statements themselves.
We are not engaged to report on the introductory, other financial information and
statistical sections, which accompany the financial statements but are not RSI. We did not
audit or perform other procedures on this other information and we do not express an opinion
or provide any assurance on it.
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 187
City of St. Louis Park, Minnesota
Communication With Those Charged With Governance
Page 4
Restriction on Use
This information is intended solely for the information and use of the City of St. Louis
Park, Minnesota’s City Council and management, and is not intended to be, and should not
be, used by anyone other than these specified parties.
HLB TAUTGES REDPATH, LTD.
May 22, 2014
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 188
CITY OF ST. LOUIS PARK, MINNESOTA
SCHEDULE OF EXPENDITURES OF FEDERAL
AWARDS AND INDEPENDENT
AUDITOR’S REPORTS
For The Year Ended December 31, 2013
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 189
CITY OF ST. LOUIS PARK, MINNESOTA
TABLE OF CONTENTS
Page No.
Independent Auditor’s Report on Internal Control over Financial Reporting
and on Compliance and Other Matters Based on an Audit of Financial
Statements Performed in Accordance with Government Auditing Standards 1
Independent Auditor’s Report on Compliance for Each Major Program and on
Internal Control over Compliance Required by OMB Circular A-133 3
Schedule of Expenditures of Federal Awards 7
Schedule of Findings and Questioned Costs 8
Minnesota Legal Compliance Report 10
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 190
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL
REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN
AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS
To the Honorable Mayor and
Members of the City Council
City of St. Louis Park, Minnesota
We have audited, in accordance with auditing standards generally accepted in the United
States of America and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States, the financial
statements of the governmental activities, the business-type activities, each major fund and
the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of and
for the year ended December 31, 2013, and the related notes to the financial statements,
which collectively comprise the City of St. Louis Park, Minnesota’s basic financial
statements and have issued our report thereon dated May 22, 2014.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City of
St. Louis Park, Minnesota’s internal control over financial reporting (internal control) to
determine the audit procedures that are appropriate in the circumstances for the purpose of
expressing our opinions on the financial statements, but not for the purpose of expressing an
opinion on the effectiveness of the City of St. Louis Park, Minnesota’s internal control.
Accordingly, we do not express an opinion on the effectiveness of the City of St. Louis Park,
Minnesota’s internal control.
Our consideration of internal control was for the limited purpose described in the preceding
paragraph and was not designed to identify all deficiencies in internal control that might be
material weaknesses or significant deficiencies and therefore, material weaknesses or
significant deficiencies may exist that were not identified. However, as described in the
accompanying schedule of findings and questioned costs, we identified a deficiency in
internal control that we consider to be a material weakness.
A deficiency in internal control exists when the design or operation of a control does not
allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct misstatements on a timely basis. A material
weakness is a deficiency, or a combination of deficiencies, in internal control such that there
is a reasonable possibility that a material misstatement of the entity’s financial statements
will not be prevented, or detected and corrected, on a timely basis. We consider the
1
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 191
Report on Internal Control over Financial Reporting
and on Compliance and Other Matters
Page 2
deficiency described in the accompanying schedule of findings and questioned costs as
finding 2013-01 to be a material weakness.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City of St. Louis Park,
Minnesota’s financial statements are free from material misstatement, we performed tests of
its compliance with certain provisions of laws, regulations, contracts and grant agreements,
noncompliance with which could have a direct and material effect on the determination of
financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit, and accordingly, we do not express such an
opinion. The results of our tests disclosed no instances of noncompliance or other matters
that are required to be reported under Government Auditing Standards.
City of St. Louis Park, Minnesota’s Response to Finding
City of St. Louis Park, Minnesota’s response to the finding identified in our audit is
described in the accompanying schedule of findings and questioned costs. City of St. Louis
Park, Minnesota’s response was not subjected to the auditing procedures applied in the audit
of financial statements and, accordingly, we express no opinion on it.
Purpose of This Report
The purpose of this report is solely to describe the scope of our testing of internal control and
compliance and the results of that testing, and not to provide an opinion on the effectiveness
of the City of St. Louis Park, Minnesota’s internal control or on compliance. This report is
an integral part of an audit performed in accordance with Government Auditing Standards in
considering the City of St. Louis Park, Minnesota’s internal control over compliance.
Accordingly, this communication is not suitable for any other purpose.
HLB TAUTGES REDPATH, LTD.
May 22, 2014
2
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 192
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE FOR EACH MAJOR
PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY
OMB CIRCULAR A-133
To the Honorable Mayor and
Members of the City Council
City of St. Louis Park, Minnesota
Report on Compliance for Each Major Federal Program
We have audited the City of St. Louis Park, Minnesota’s compliance with the types of
compliance requirements described in the OMB Circular A-133 Compliance Supplement that
could have a direct and material effect on each of the City of St. Louis Park, Minnesota’s
major federal programs for the year ended December 31, 2013. The City of St. Louis Park,
Minnesota’s major federal programs are identified in the summary of auditor’s results section
of the accompanying schedule of findings and questioned costs.
Management’s Responsibility
Management is responsible for compliance with the requirements of laws, regulations,
contracts, and grants applicable to its federal programs.
Auditor’s Responsibility
Our responsibility is to express an opinion on compliance for each of the City of St. Louis
Park, Minnesota’s major federal programs based on our audit of the types of compliance
requirements referred to above. We conducted our audit of compliance in accordance with
auditing standards generally accepted in the United States of America; the standards
applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States; and OMB Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations. Those standards and OMB Circular A-133
require that we plan and perform the audit to obtain reasonable assurance about whether
noncompliance with the types of compliance requirements referred to above that could have
a direct and material effect on a major federal program occurred. An audit includes
examining, on a test basis, evidence about the City of St. Louis Park, Minnesota’s
compliance with those requirements and performing such other procedures as we considered
necessary in the circumstances.
3
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 193
Report on Compliance for Each Major Program
and on Internal Control over Compliance
Required by OMB Circular A-133
Page 2
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
We believe that our audit provides a reasonable basis for our opinion on compliance for each
major federal program. However, our audit does not provide a legal determination on the
City of St. Louis Park, Minnesota’s compliance.
Opinion on Each Major Federal Program
In our opinion, the City of St. Louis Park, Minnesota, complied, in all material respects, with
the types of compliance requirements referred to above that could have a direct and material
effect on each of its major federal programs for the year ended December 31, 2013.
Report on Internal Control over Compliance
Management of the City of St. Louis Park, Minnesota is responsible for establishing and
maintaining effective internal control over compliance with the types of compliance
requirements referred to above. In planning and performing our audit of compliance, we
considered the City of St. Louis Park, Minnesota’s internal control over compliance with the
types of requirements that could have a direct and material effect on each major federal
program to determine the auditing procedures that are appropriate in the circumstances for
the purpose of expressing an opinion on compliance for each major federal program and to
test and report on internal control over compliance in accordance with OMB Circular A-133,
but not for the purpose of expressing an opinion on the effectiveness of internal control over
compliance. Accordingly, we do not express an opinion on the effectiveness of the City of
St. Louis Park, Minnesota’s internal control over compliance.
A deficiency in internal control over compliance exists when the design or operation of a
control over compliance does not allow management or employees, in the normal course of
performing their assigned functions, to prevent, or detect and correct, noncompliance with a
type of compliance requirement of a federal program on a timely basis. A material weakness
in internal control over compliance is a deficiency, or combination of deficiencies, in
internal control over compliance, such that there is a reasonable possibility that material
noncompliance with a type of compliance requirement of a federal program will not be
prevented, or detected and corrected, on a timely basis. A significant deficiency in internal
control over compliance is a deficiency, or combination of deficiencies, in internal control
over compliance with a type of compliance requirement of a federal program that is less
severe than a material weakness in internal control over compliance, yet important enough to
merit attention by those charged with governance.
4
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 194
Report on Compliance for Each Major Program
and on Internal Control over Compliance
Required by OMB Circular A-133
Page 3
Our consideration of internal control over compliance was for the limited purpose described
in the first paragraph of this section and was not designed to identify all deficiencies in
internal control over compliance that might be material weaknesses or significant
deficiencies. We did not identify any deficiencies in internal control over compliance that
we consider to be material weaknesses. However, material weaknesses may exist that have
not been identified.
Schedule of Expenditures of Federal Awards Required by OMB Circular A-133
We have audited the financial statements of the governmental activities, the business-type
activities, each major fund, and the aggregate remaining fund information of the City of St.
Louis Park, Minnesota as of and for the year ended December 31, 2013, and the related notes
to the financial statements, which collectively comprise the City of St. Louis Park,
Minnesota’s basic financial statements. We issued our report thereon dated May 22, 2014,
which contained unmodified opinions on those financial statements. Our audit was
conducted for the purpose of forming opinions on those financial statements that collectively
comprise the basic financial statements. The accompanying schedule of expenditures of
federal awards is presented for purposes of additional analysis as required by OMB Circular
A-133, and is not a required part of the financial statements. Such information is the
responsibility of management and was derived from and relates directly to the underlying
accounting and other records used to prepare the financial statements. The information has
been subjected to the auditing procedures applied in the audit of the financial statements and
certain additional procedures, including comparing and reconciling such information directly
to the underlying accounting and other records used to prepare the basic financial statements
or to the basic financial statements themselves, and other additional procedures in
accordance with auditing standards generally accepted in the United States of America. In
our opinion, the schedule of expenditures and federal awards is fairly stated in all material
respects in relation to the basic financial statements taken as a whole.
5
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 195
Report on Compliance for Each Major Program
and on Internal Control over Compliance
Required by OMB Circular A-133
Page 4
The purpose of this report on internal control over compliance is solely to describe the scope
of our testing of internal control over compliance and the results of that testing based on the
requirements of OMB Circular A-133. Accordingly, this report is not suitable for any other
purpose.
HLB TAUTGES REDPATH, LTD.
May 22, 2014
6
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 196
CITY OF ST. LOUIS PARK, MINNESOTA
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
For The Year Ended December 31, 2013
Federal Grantor/Federal Pass-Through
Pass-Through Grantor/CFDA Entity ID Federal
Program Title Number Number Expenditures
U.S. Department of Housing and Urban Development:
Passed through Hennepin County, Minnesota:
Community Development Block Grant 14.218 A120538 $127,577
U.S. Department of Justice:
Bulletproof Vest Partnership Program 16.607 n/a - Direct 3,000
Passed through Hennepin County, Minnesota:
Justice Assistance Grant (JAG) Program 16.804 A110954 10,618
Total U.S. Department of Justice 13,618
U.S. Department of Transportation:
Passed through State of Minnesota:
Highway Planning and Construction 20.205 163-010-038 5,535,941
Total U.S. Department of Transportation 5,535,941
U.S. Department of Homeland Security:
Passed through State of Minnesota:
FEMA Disaster Assistance 97.036 None Noted 333,780
Total Expenditures of Federal Awards $6,010,916
Notes to the Schedule of Expenditures of Federal Awards
Note 1. Basis of Presentation
The Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of federal award programs expended by
the City of St. Louis Park, Minnesota under programs of the federal government for the year ended December 31, 2013. The
Schedule is presented in accordance with the requirements of OMB Circular A-133, Audit of States, Local Governments and
Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the City of St. Louis
Park, Minnesota, it is not intended to and does not present the financial positions, or change in financial position of the City
of St. Louis Park, Minnesota.
Note 2. Summary of Significant Accounting Policies
a.) Expenditures reported on the Schedule are reported on the modified accrual basics of accounting.
b.) Pass-Through entity identifying numbers are presented where available.
Note 3. Subrecipients
Of the federal expenditures presented in the schedule, the City of St. Louis Park provided federal awards to subrecipients as
follows: Federal Amount
CFDA Provided to
Program Title Number Subrecipients
Community Development Block Grant 14.218 $127,577
7
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 197
CITY OF ST. LOUIS PARK, MINNESOTA
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For The Year Ended December 31, 2013
SECTION I - SUMMARY OF AUDITOR’S RESULTS
Financial Statements
A. Type of auditors’ report issued: Unmodified
B. Internal control over financial reporting:
Material weakness(es) identified? X Yes No
Significant deficiencies identified that are not
considered to be material weaknesses?
Yes X None
reported
C. Noncompliance material to financial statements
noted?
Yes X No
Federal Awards
D. Internal control over major programs:
Material weakness(es) identified? Yes X No
Significant deficiencies identified that are not
considered to be material weaknesses?
Yes X None
reported
E. Type of auditors’ report issued on compliance for
major programs:
Unmodified
F. Any audit findings disclosed that are required to be
reported in accordance with section 510(a) of
Circular A-133?
Yes X None
reported
G. Identification of major programs:
Name of Federal Program CFDA Number
Highway Planning and Construction 20.205
FEMA Disaster Assistance 97.036
H. Dollar threshold used to distinguish between Type A
and Type B programs:
$300,000
I. Auditee qualified as a low-risk auditee Yes X No
8
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 198
CITY OF ST. LOUIS PARK, MINNESOTA
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
For The Year Ended December 31, 2013
SECTION II – FINANCIAL STATEMENT FINDINGS
2013-1 Prior Period Adjustment
Criteria: Audit standards specify that restatement of previously issued financial statements
be considered a deficiency in internal control if the misstatement is not detected in a timely
manner.
Condition: During 2013, City staff determined that revenue recognition relating to antenna
lease revenue had not been properly applied. The 2013 financial statements reflect a prior
period adjustment for $240,232 to properly adjust revenue recognition.
Cause: The City had not established procedures regarding revenue recognition of antenna
lease revenue.
Effect: A prior period adjustment was posted to correct.
Recommendation: None. City staff have resolved this issue.
Views of Responsible Officials and Corrective Action Plan: Upon realizing the revenue
recognition challenge in early 2014, accounting staff met with key divisions, analyzed the
situation, took corrective action, and put a plan in place for 2014 and beyond. With the
Accounting Division now overseeing the process, revenues will be recorded in the proper
period, escrows correctly established and closed out, thereby eliminating the possibility of
future revenue recognition challenged in regard to lease antenna revenues.
SECTION III – FEDERAL AWARD FINDINGS
There are no federal award findings for 2013.
SECTION IV – PRIOR YEAR FINDINGS
No single audit was required in the prior year.
9
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 199
4810 White Bear Parkway White Bear Lake, MN 55110 651.426.7000 651.426.5004 fax www.hlbtr.com
Equal Opportunity Employer 100-Percent Employee-Owned
HLB Tautges Redpath is a member of HLB International, a world-wide network of independent accounting firms and business advisors.
MINNESOTA LEGAL COMPLIANCE REPORT
To the Honorable Mayor and
Members of the City Council
City of St. Louis Park, Minnesota
We have audited, in accordance with auditing standards generally accepted in the United
States of America, and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States the financial
statements of the governmental activities, the business-type activities, each major fund, and
the aggregate remaining fund information of the City of St. Louis Park, Minnesota, as of and
for the year ended December 31, 2013 and the related notes to the financial statements, and
have issued our report thereon dated May 22, 2014.
The Minnesota Legal Compliance Audit Guide for Political Subdivisions, promulgated by the
State Auditor pursuant to Minn. Stat. Section 6.65, contains seven categories of compliance
to be tested: contracting and bidding, deposits and investments, conflicts of interest, public
indebtedness, claims and disbursements, miscellaneous provisions, and tax increment
financings. Our audit considered all of the listed categories.
In connection with our audit, nothing came to our attention that caused us to believe that the
City of St. Louis Park, Minnesota failed to comply with the provisions of the Minnesota
Legal Compliance Audit Guide for Political Subdivisions. However, our audit was not
directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had
we preformed additional procedures, other matters may have come to our attention regarding
the City of St. Louis Park, Minnesota’s noncompliance with the above referenced provisions.
The purpose of this report is solely to describe the scope of our testing of compliance and the
results of that testing, and not to provide an opinion on compliance. Accordingly, this
communication is not suitable for any other purpose.
HLB TAUTGES REDPATH, LTD.
May 22, 2014
10
Special Study Session Meeting of June 2, 2014 (Item No. 1)
Title: 2013 Financial Statements – Auditors Discussion and Review Page 200
Meeting: Special Study Session
Meeting Date: June 2, 2014
Written Report: 2
EXECUTIVE SUMMARY
TITLE: Update on Connect the Park!
RECOMMENDED ACTION: No action required at this time.
POLICY CONSIDERATION: Does the City Council have questions or concerns regarding the
additional sidewalk segments being proposed for inclusion in the 2014 Connect the Park!
Sidewalk Improvement Project 4014-2000.
SUMMARY: On April 7, 2014 the City Council approved the 2014 Connect the Park! Sidewalk
Improvement Project 4014-2000. At the time of the public hearing a petition was submitted to
the City for completing various gaps in the sidewalk on Inglewood Avenue, Huntington Avenue,
and Glenhurst Avenue north of 39th Street. These missing segments would connect in to the
recently approved 39th Street sidewalk increasing the local network of sidewalks in the
Minnikahda Vista neighborhood. Council directed staff to review the feasibility of the petition
and to construct these segments in 2014.
Staff has reviewed the feasibility of these segments and will be including the construction of the
missing segments on Inglewood Avenue and Huntington Avenue in to the construction plans for
the 2014 Connect the Park! Sidewalk Improvement Project. Staff is not recommending sidewalk
on Glenhurst Avenue due to design constraints and resident opposition.
Please see the “Discussion” section of the report for additional information on street segments,
costs and proposed project schedule.
FINANCIAL OR BUDGET CONSIDERATION: The addition of the proposed sidewalk
segments north of 39th Street are estimated to cost $75,000. This would bring the total estimated
construction costs for the 2014 Connect the Park! Project to $1,162,900. The anticipated funding
for these improvements is from the issuance of General Obligation bonds.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: Discussion
Resident Gap Letter
Sidewalk Gap Graphic
Prepared by: Jack Sullivan, Senior Engineering Project Manager
Reviewed by: Debra Heiser, Engineering Director
Approved by: Tom Harmening, City Manager
Special Study Session Meeting of June 2, 2014 (Item No. 2) Page 2
Title: Update Connect the Park!
DISCUSSION
BACKGROUND: At the time of the public hearing on April 7 a petition was submitted to the
City for completing various gaps in the sidewalk on Inglewood Avenue, Huntington Avenue and
Glenhurst Avenue north of 39th Street. Please see the attached staff correspondence letter and
sidewalk graphic for segments north of 39th Street.
All proposed sidewalks would be constructed at no cost to the property owners and the City
would be responsible for future repairs to defective sidewalk panels. These sidewalk segments
are designated as “residential sidewalks” which means the property owner is responsible for
clearing the sidewalk of debris such as branches and snow removal in accordance with applicable
City ordinances.
Staff is proposing a five foot concrete sidewalk with a five foot grass boulevard to match the
other sidewalks on the street.
Staff has evaluated the gap segments and has the following recommendations:
Inglewood Avenue
There are 5 independent segments of missing sidewalk on the east side of the 3600, 3700
and 3800 block of Inglewood Avenue totaling 440 feet. There is limited impact to
boulevard landscaping. The one tree proposed to be removed is at 3755 Inglewood and
staff has discussed this with the property owner and they are agreeable to the tree removal.
Cost
The estimated cost for these segments is $50,000 for 440 feet of sidewalk.
Recommendation
Staff believes these sections are feasible and they are supported by 4 of the 8 impacted
parcels.
Huntington Avenue
There is one segment of missing sidewalk on the east side of the street in front of 3835
and 3874 Huntington Avenue totaling 200 feet. There is no impact to boulevard
vegetation.
Cost
The estimated cost for these segments is $25,000 for 200 feet of sidewalk.
Recommendation
Staff believes this section is feasible and they are supported by 1 of the 2 impacted
parcels.
Special Study Session Meeting of June 2, 2014 (Item No. 2) Page 3
Title: Update Connect the Park!
Glenhurst Avenue
East Side - There is a segment of missing sidewalk on the east side of the street from
3819 to 3843 Glenhurst Avenue totaling 360 feet. This segment of sidewalk is not
feasible to construct due to the steep driveway grade at 3887 Glenhurst Avenue. Staff has
looked at various design options and has met with the property owner to discuss the site
challenges. The driveway grade today is extremely steep (17%) and would increase to
25% with construction of sidewalk. The proposed grades will be too steep to traverse
during the winter months and difficult for cars during the summer. Staff was unable to
connect with three of the five property owners. Only 1 of the 5 impacted property owners
is in favor of the project.
West Side - There is a segment of missing sidewalk on the west side of the street from
3830 to 3842 Glenhurst Avenue totaling 230 feet. This segment of sidewalk would
require substantial retaining walls and temporary easements to construct due to the steep
grades of the boulevards. It is feasible to construct this segment of sidewalk; however
there are much higher costs and there is substantial resident opposition. None of the three
impacted property owners are in favor of this segment.
Cost
The estimated cost for this segment is $50,000 for 230 feet of sidewalk.
Recommendation
Staff believes construction of a sidewalk on the west side in this section is feasible
however the construction will require temporary easements. Due to the substantial
resident opposition staff is not recommending constructing this sidewalk at this time.
Project Schedule
Staff will include the Inglewood Avenue and Huntington Avenue sidewalk segments into the
larger 2014 Connect the Park! Sidewalk Project for bidding and construction. The overall schedule
for the 2014 project has been pushed back a few weeks to accommodate these segments and to
allow for staff to secure the necessary construction easements on the other sidewalks approved in
April.
The following is the revised schedule for all the proposed 2014 Connect the Park! sidewalk
construction.
• June 24, 2014 – Bids due to the City of St. Louis Park
• July 7, 214 – Council awards construction contract
• July 14, 2014 – Construction begins
• Early October – Construction is complete
5005 Minnetonka Boulevard St. Louis Park, Minnesota 55416-2290
Phone: 952/924-2500 Fax: 952-924-2663 Hearing Impaired: 952-924-2518
Website: www.stlouispark.org
May 8, 2014
3835 Huntington Ave S
St. Louis Park, MN 55416
2014 Connect the Park! Sidewalk Improvements Project
Side Street ‘Gaps’ on Inglewood Ave, Huntington Ave, and Glenhurst Ave
Dear Property Owner:
The City of St. Louis Park Engineering Department sent you a letter on April 10,
2014 to notify you that the City Council had directed the Engineering Department staff to
review the feasibility of constructing sidewalks in areas where current gaps in the
existing sidewalks exist on Inglewood Avenue, Huntington Avenue, and Glenhurst
Avenue. These locations are shown in the attached site location graphic. Since sending
the original letter the City has completed a preliminary design of the sidewalk in front of
your house and the impacts of that preliminary design are shown on the attached
proposed improvements exhibit.
The Engineering Department is going to report the feasibility of constructing these
sidewalk gap segments to the City Council at the Tuesday, May 27 City Council Study
Session. The Engineering Department staff will recommend moving forward with all
sections that are feasible and strongly encourages you to reply to this letter by phone,
email, or letter prior to Monday, May 19 so that your input can be documented and
passed along to the City Council for consideration. If you would like us to have a site-
specific meeting with you at your property to discuss the proposed impacts, which is
recommended, please contact Kyle Johnson or Jack Sullivan using the contact
information listed below to arrange the site meeting. The City Council will not be holding
a public hearing for these sidewalk gap segments, which is why we are strongly
encouraging you to contact the Engineering Department staff to provide your input. Some
additional information regarding the proposed sidewalk is listed below:
• The City would construct the sidewalk at no cost to the property owner and the
City would be responsible for future repairs of defective panels.
• This portion of sidewalk is designated as a ‘Residential Sidewalk’, which means
that the property owner is responsible for keeping the sidewalk clear of debris,
branches, snow, and other obstructions in accordance with applicable City
ordinances.
Special Study Session Meeting of June 2, 2014 (Item No. 2)
Title: Update Connect the Park!Page 4
Special Study Session Meeting of June 2, 2014 (Item No. 2)
Title: Update Connect the Park!Page 5
!!!!!!!!38TH
39TH
37TH
JOPPAFRANCEGLENHURSTINGLEWOODHUNTINGTON36 1/2
EXCELSIOREXCELSIOR3901
4201
3800430142453654
3835
3847
3744
3
9
0
540013710
3720
3754
3744
3726
3716
3644
3836
3824
3818
3800
3812
3806
3830
3842
3831
3809
3825
3801
3837
3843
3819
3815
3750
3744
37003701
3707
3700
3903
3715
3736
402140154009381138113811
3800
3804
3810
3801
3814
3805
3820
3824
3815
3830
3821
3834
3825
3840
3831
3701
3716
3736
3841 3841
3815
3835
3840
3831
3821
3801
3810
3825
38343835
3831
3820
3824
3814
3821
3805
3815
3805
3830
3801 3800
3825
3804
3844
3901
3845 3844
3900
3845
3808
3810
3905
3751
3906
3706
3755
3745
3741
3735
3731
3725
3712
3844
3707
3721
3713
3754
3750
3740
3734
3730 3730
3724
3720
3711
3619
3700370137003703
38003755 3754
3751 3750
3747
3755
3746
3741
3754
3640
3751
3740
3737
3747
3736
3731
3741
3730
3644
3727
3737
3721
3726
3731
3720
3715
3730
3727
3650
3716
3721
3712
3709
3626
3717
3706
3713
3654
3712
3707
3668
3662
3661
3704
3658
3655
3652
3660
3650
3648
3824
3838
3814
3818
3828
3834
3651
3645
3641
367536413632
3637 3671
3631
3625
3665
3661
3655
3755
3749
3745
3741
3735
3731
37253724 3638
4
3
2
14300 4221
3910
3730
3734
3740
3744
3750
3754
3808
3812
3816
3820
3824
3828
3832
3836
3840
3844
3900
3904
36353634365136153642
3908
Minikahda Vista Park
Residential Summary for 39th St. Gap Sections
200
Feet
Ë Legend
Approved Sidewalks
Recommended Sidewalks
Not Recommended Sidewalks
Current Sidewalks
City Limits
Response
Supportive of Improvements
Not Supportive of Improvements
Unable to Establish Contact
Signed Original Petition (3/17/14)
Document Path: O:\Pubwks\Projects\Current or Future\4014-2000 Sidewalk - Trail - Bikeway Construction 2014\Photos - Drawings\GIS\Residential Summary for 39th St Gap Sections.mxd
Date: 5/28/14
Author: Luke Ingram
Special Study Session Meeting of June 2, 2014 (Item No. 2)
Title: Update Connect the Park!Page 6
Meeting: Economic Development Authority
Meeting Date: June 2, 2014
Minutes: 3a
UNOFFICIAL MINUTES
ECONOMIC DEVELOPMENT AUTHORITY
ST. LOUIS PARK, MINNESOTA
MAY 5, 2014
1. Call to Order
President Mavity called the meeting to order at 7:20 p.m.
Commissioners present: President Anne Mavity, Tim Brausen, Steve Hallfin, Jeff Jacobs, Gregg
Lindberg, and Jake Spano.
Commissioners absent: Susan Sanger.
Staff present: Executive Director (Mr. Harmening), Director of Community Development (Mr.
Locke), Economic Development Coordinator (Mr. Hunt), and Recording Secretary (Ms.
Hughes).
2. Roll Call
3. Approval of Minutes
3a. Economic Development Authority Meeting Minutes April 7, 2014
The minutes were approved as presented.
4. Approval of Agenda
The agenda was approved as presented.
5. Reports
5a. Approval of EDA Disbursements
It was moved by Commissioner Jacobs, seconded by Commissioner Spano, to accept for
filing EDA Disbursement Claims for the period March 29 through April 25, 2014.
The motion passed 6-0 (Commissioner Sanger absent).
6. Old Business - None
7. New Business
7a. Authorization to Submit Cleanup Grant Application Related to the Former
Nestlé (Novartis) Plant. EDA Resolution No. 14-02.
Mr. Hunt presented the staff report and explained that Hillcrest Development is acquiring
the former Nestlé site and intends to convert the plant into a multi-tenant industrial
Economic Development Authority Meeting of June 2, 2014 (Item No. 3a) Page 2
Title: Economic Development Authority Meeting Minutes of May 5, 2014
facility featuring large renovated spaces. He advised that during the due diligence
process Hillcrest found asbestos in the plant and has requested that the EDA apply for a
Met Council Tax Base Revitalization Account (TBRA) cleanup grant on its behalf in
order to offset the cost of abatement in the amount of $365,733. He stated that
renovation work is scheduled for July and August with final build-out of tenant space
shortly thereafter. Occupancy is expected to occur in the fall. He stated that renovation
of the facility will create approximately 85 temporary construction jobs and upon full
occupancy the building is projected to host as many as 200 fulltime positions. He noted
there is no local matching fund requirement associated with the grant application and no
funds are being requested of the EDA. He then introduced Mr. Charlie Nestor with
Hillcrest Development.
Commissioner Spano asked if the TBRA cleanup grant is a competitive grant program
and the likelihood of receiving the grant. He also asked about Hillcrest’s plans if they do
not receive the grant funds.
Mr. Hunt stated that the TBRA is a competitive grant program and the likelihood of
receiving the grant depends on the other projects competing for dollars. He stated that
given the industrial nature of this project, the application should be favorably received.
Mr. Charlie Nestor approached the EDA and stated he believed the Met Council would
look favorably on the grant application because of job creation as well as the location of
the site in the suburbs and being near transport corridors. He stated if they do not receive
the grant, Hillcrest prefers to remediate if possible and would look at different methods of
abatement such as encapsulation, but this would have to be done on an annual basis.
It was moved by Commissioner Brausen, seconded by Commissioner Lindberg, to adopt
EDA Resolution No. 14-02 Authorizing Application for the Metropolitan Council Tax
Base Revitalization Account on behalf of Hillcrest.
The motion passed 6-0 (Commissioner Sanger absent).
8. Communications - None
9. Adjournment
The meeting adjourned at 7:26 p.m.
______________________________________ ______________________________________
Secretary President
Meeting: City Council
Meeting Date: June 2, 2014
EDA Agenda Item: 5a
EXECUTIVE SUMMARY
TITLE: Approval of EDA Disbursements
RECOMMENDED ACTION: Motion to accept for filing EDA Disbursement Claims for the
period of April 26 through May 23, 2014.
POLICY CONSIDERATION: Does the EDA desire to approve EDA disbursements in
accordance with Article V – Administration of Finances, of the EDA Bylaws?
SUMMARY: The Accounting Division prepares this report on a monthly basis for the EDA to
review and approve. The attached reports show both EDA disbursements paid by physical check
and those by wire transfer or Automated Clearing House (ACH) when applicable.
FINANCIAL OR BUDGET CONSIDERATION: Review and approval of the information
follows the EDA’s Bylaws and provides another layer of oversight to further ensure fiscal
stewardship.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: EDA Disbursements
Prepared by: Connie Neubeck, Account Clerk
Reviewed by: Brian A. Swanson, Controller
5/27/2014CITY OF ST LOUIS PARK 6:35:03R55CKS2 LOGIS400
1Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
928.00CAMPBELL KNUTSON PROF ASSOC DEVELOPMENT - EDA G&A LEGAL SERVICES
928.00
365.00CITIZENS INDEPENDENT BANK DEVELOPMENT - EDA G&A TRAINING
365.00
102.50EHLERS & ASSOCIATES INC WEST END TIF DIST G&A OTHER CONTRACTUAL SERVICES
102.50ELLIPSE ON EXC TIF DIST G&A OTHER CONTRACTUAL SERVICES
102.50HSTI G&A OTHER CONTRACTUAL SERVICES
102.50VICTORIA PONDS G&A OTHER CONTRACTUAL SERVICES
102.50PARK CENTER HOUSING G&A OTHER CONTRACTUAL SERVICES
102.50CSM TIF DIST G&A OTHER CONTRACTUAL SERVICES
102.50MILL CITY G&A OTHER CONTRACTUAL SERVICES
102.50PARK COMMONS G&A OTHER CONTRACTUAL SERVICES
102.50EDGEWOOD TIF DIST G & A OTHER CONTRACTUAL SERVICES
102.50ELMWOOD VILLAGE G & A OTHER CONTRACTUAL SERVICES
102.50WOLFE LAKE COMMERCIAL TIF G&A OTHER CONTRACTUAL SERVICES
102.50AQUILA COMMONS G & A OTHER CONTRACTUAL SERVICES
102.50HWY 7 BUSINESS CENTER G & A OTHER CONTRACTUAL SERVICES
102.50HARD COAT G & A OTHER CONTRACTUAL SERVICES
1,435.00
5,000.00FRANZEN LAW & POLICY GROUP LLC HRA LEVY G&A LEGAL SERVICES
5,000.00
400.00GREATER MSP DEVELOPMENT - EDA G&A SUBSCRIPTIONS/MEMBERSHIPS
400.00
62,793.72HENNEPIN COUNTY TREASURER 4601 HWY 7 PROP ACQUISITION PROPERTY TAXES
62,793.72
126.00KENNEDY & GRAVEN WEST END TIF DIST G&A LEGAL SERVICES
126.00
225.00MNCAR EXCHANGE DEVELOPMENT - EDA G&A SUBSCRIPTIONS/MEMBERSHIPS
225.00
196.04NEXTEL COMMUNICATIONS DEVELOPMENT - EDA G&A TELEPHONE
196.04
9.39OFFICE DEPOT DEVELOPMENT - EDA G&A OFFICE SUPPLIES
EDA Meeting of June 2, 2014 (Item No. 5a)
Title: Approval of EDA Disbursements Page 2
5/27/2014CITY OF ST LOUIS PARK 6:35:03R55CKS2 LOGIS400
2Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
9.39
890.32SEHDEVELOPMENT - EDA G&A OTHER CONTRACTUAL SERVICES
890.32
54,447.98ST LOUIS PARK CONV & VISITORS BUREAU CONVENTION & VISITORS BUREAU COST REIMBURSEMENT-CVB
54,447.98
74.06XCEL ENERGY 4601 HWY 7 PROP ACQUISITION HEATING GAS
74.06
Report Totals 126,890.51
EDA Meeting of June 2, 2014 (Item No. 5a)
Title: Approval of EDA Disbursements Page 3
Meeting: City Council
Meeting Date: June 2, 2014
Presentation: 2a
EXECUTIVE SUMMARY
TITLE: Presentation Accepting Monetary Donation from Loop Minnesota and Hearing Loss
Association of America ($1,000 each)
RECOMMENDED ACTION: Brian Hoffman, Director of Inspections, will be present to
accept a donation of $1,000 each. Ross Hammond, representing Loop Minnesota will be in
attendance to present the checks for the installation of a Hearing Induction Loop in the Council
Chambers. The donations will be officially accepted by the City Council as a consent item
following the presentation.
POLICY CONSIDERATION: Does the City Council wish to accept the gift with restrictions
on its use?
SUMMARY: State statute requires City Council’s acceptance of donations. This requirement is
necessary in order to make sure the City Council has knowledge of any restrictions placed on the
use of each donation prior to it being expended.
Loop Minnesota and Hearing Loss Association of America is graciously donating an amount of
$1,000 each. The donation will be used specifically to partially offset the cost of the installation
of the hearing induction loops in the Council Chambers.
FINANCIAL OR BUDGET CONSIDERATION: The donations will be used toward the cost
of installation of the hearing induction loop system. Total cost of this project is $5,000 from
2014 Facilities Maintenance operating budget.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: None
Prepared by: Ann Boettcher, Inspection Services Manager
Reviewed by: Brian Hoffman, Director of Inspections
Approved by: Tom Harmening, City Manager
Meeting: City Council
Meeting Date: June 2, 2014
Presentation: 2b
EXECUTIVE SUMMARY
TITLE: Beyond The Yellow Ribbon Coalition Update
RECOMMENDED ACTION: No action needed. Heather Shue, St. Louis Park Volunteer
Liaison, will present an update on Coalition activities.
POLICY CONSIDERATION: None at this time.
SUMMARY: Beyond the Yellow Ribbon is a statewide program started by the Minnesota
National Guard to establish, sustain and create awareness of a comprehensive support network
that connects and coordinates agencies, organizations and resources to meet the needs of service
members, military families and employers in Minnesota. The cities of St Louis Park,
Minnetonka, Hopkins, and Edina have formed the Southwest Twin Cities Beyond The Yellow
Ribbon Coalition which works to connect service members and their families with community
services. Council adopted Resolution No. 12-098 in support of the Coalition in July, 2012.
Heather Shue, our City’s volunteer liaison to the Southwest Twin Cities Beyond the Yellow
Ribbon Coalition, attends meetings and executes action items on behalf of City staff. She
communicates updates and support needs to our Volunteer Coordinator, Laura Smith. Heather
will present an update to Council on Coalition activities.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: None
Prepared by: Laura Smith, Volunteer Coordinator
Reviewed by: Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
Meeting: City Council
Meeting Date: June 2, 2014
Presentation: 2c
EXECUTIVE SUMMARY
TITLE: Retirement Recognition Resolution for Assistant Fire Chief Mark Windschitl
RECOMMENDED ACTION: The Mayor is asked to read the resolution and present plaque to
Mark Windschitl for 27 years of service to the City of St. Louis Park.
POLICY CONSIDERATION: None at this time.
SUMMARY: City p olicy states that employees who retire or resign in good standing with over
20 years of service will be presented with a plaque and resolution from the Mayor, City Manager
and City Council.
Assistant Chief Mark Windschitl will be in attendance for the presentation at the beginning of
the meeting. The Mayor is asked to read the resolution and present Mark with a plaque in
recognition of his years of service to the City.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Resolution
Prepared by: Ali Fosse, HR Coordinator
Reviewed by: Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 2c) Page 2
Title: Retirement Recognition Resolution for Assistant Fire Chief Mark Windschitl
RESOLUTION NO. 14-___
RESOLUTION OF THE
CITY COUNCIL OF ST. LOUIS PARK, MINNESOTA,
RECOGNIZING THE CONTRIBUTIONS OF AND EXPRESSING APPRECIATION
TO ASSISTANT FIRE CHIEF MARK WINDSCHITL
WHEREAS, Assistant Chief Windschitl began his employment with the City of St. Louis
Park almost 27 years ago on August 16, 1987; and
WHEREAS, Assistant Chief Windschitl has worked his way from Firefighter to Interim
Chief by virtue of his strong commitment to the fire department, willingness to do whatever it
takes to get the job done, his boundless energy, sense of humor, and belief in teamwork; and
WHEREAS, Assistant Chief Windschitl has traveled long distances as a representative of
the SLP FD to volunteer countless hours to local, regional, and national incidents; and
WHEREAS, Assistant Chief Windschitl modeled excellence as an employee and was
awarded the Spirit of St. Louis Park Award in 2007; and
WHEREAS, Assistant Chief Windschitl’s passion to serve motivated him to serve others
through multiple terms as the Mayor of Chaska; and
WHEREAS, Assistant Chief Windschitl worked tirelessly to supervise the successful
completion of the construction of two new fire stations in St. Louis Park; and
WHEREAS, Assistant Chief Windschitl played an active role in bringing honor to the fallen
St. Louis Park Firefighters by supporting the construction of the Fallen Firefighter Memorial in
St. Paul; and
WHEREAS, Assistant Chief Windschitl served on the board and as past President of the
Hennepin County Fire Chiefs Association and the Southwest Joint Operations Association; and
also was part of the Southwest Mutual Aid Association and Minnesota State Chiefs Association; and
WHEREAS, Assistant Chief Windschitl will now finally spend his retirement years
traveling and spending time with his fiancée, Connie, his children and grandchildren, and of
course, riding his beloved Harley Davidson motorcycle;
NOW THEREFORE BE IT RESOLVED that the City Council of the City of St. Louis
Park, Minnesota, by this resolution and public record, would like to thank Assistant Fire Chief
Mark Windschitl for his great contributions and nearly 27 years of dedicated service to the City
of St. Louis Park and wish him the best in his retirement.
Reviewed for Administration: Adopted by the City Council June 2, 2014
City Manager Mayor
Attest:
City Clerk
Meeting: City Council
Meeting Date: June 2, 2014
Presentation: 2d
EXECUTIVE SUMMARY
TITLE: 2013 Financial Statements – Auditors Presentation
RECOMMENDED ACTION: No action required. The City Council is asked to provide any
comments or questions it might have regarding the Comprehensive Annual Financial Report
(CAFR), Communication with Those Charged with Governance, and the Report on Compliance
and Internal Controls for the year ended December 31, 2013.
POLICY CONSIDERATION:
• Is the City Council comfortable with the information contained in the Comprehensive
Annual Financial Report (CAFR), Communication with Those Charged with
Governance, Report on Compliance and Internal Controls for the year ended December
31, 2013 to allow for effective decision making?
• Would the Council desire to have any follow-up discussion on the Audit?
SUMMARY: The City of St. Louis Park is required to have an independent audit performed
annually. The auditors work for the City Council, not the City management team. For the
presentation, David J. Mol – Partner from HLB Tautges Redpath, Ltd. will discuss the
information and key financial points with the City Council.
The City received a clean audit opinion, or “unmodified opinion”, which means that HLB
Tautges Redpath, Ltd. believe the financial statements, as presented by city staff, fairly
represents the City’s financial condition as of December 31, 2013.
Staff has submitted the CAFR to the Office of the State Auditor as required and also submitted it
to the Government Finance Officers Association (GFOA) to be considered for the Achievement
for Excellence in Financial Reporting certificate program for which the City of St. Louis Park
has been recognized for 30 consecutive years.
FINANCIAL OR BUDGET CONSIDERATION: This report shows the City of St. Louis
Park remains in strong financial condition.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: 1) 2013 - Comprehensive Annual Financial Report*
2) 2013 – Communication for Charged with Governance*
3) 2013 - Reports on Compliance and Internal Controls*
*See Special Study Session Report for Attachments.
Prepared by: Brian A. Swanson, Controller
Reviewed by: Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
Meeting: City Council
Meeting Date: June 2, 2014
Minutes: 3a
UNOFFICIAL MINUTES
CITY COUNCIL STUDY SESSION
ST. LOUIS PARK, MINNESOTA
MAY 12, 2014
The meeting convened at 6:30 p.m.
Councilmembers present: Mayor Jeff Jacobs, Tim Brausen, Steve Hallfin, Gregg Lindberg,
Susan Sanger, and Jake Spano.
Councilmembers absent: Anne Mavity.
Staff present: City Manager (Mr. Harmening), Director of Community Development (Mr.
Locke), Director of Engineering (Ms. Heiser), Senior Engineering Project Manager (Mr.
Sullivan), Planning/Zoning Supervisor (Ms. McMonigal), and Recording Secretary (Ms.
Hughes).
Guest: April Crockett (MnDOT Project Engineer).
1. Future Study Session Agenda Planning – May 27, 2014
Mr. Harmening presented the proposed study session agenda for May 27th.
2. Update on Trunk Highway 100 Construction Project
Mr. Sullivan presented the staff report and introduced April Crockett, MnDOT Project Engineer.
He distributed maps depicting the five stages of the construction project along with public
outreach information prepared by MnDOT. He advised that staff will be involved in weekly
construction meetings with MnDOT and will provide ongoing updates to Council as the project
progresses through the staging shifts.
Ms. Crockett advised that the letting of bids is scheduled for May 16th and MnDOT hopes to
award the bids eight to ten weeks after the letting with construction anticipated to begin in
August. She stated that MnDOT has met with the Sorensen neighborhood and will be meeting
with the Birchwood neighborhood next week; in addition, MnDOT has met with area Chambers
of Commerce, local businesses and schools, and emergency services providers. She stated the
MnDOT website contains construction maps to help people understand the staging of the project
and MnDOT will continue to update these maps to help drivers reach local businesses and
maneuver through the staging impacts, adding that visitors to the website can sign up to receive
email updates on the project. She stated MnDOT will also have construction information in the
local media and City newsletter and suggested providing information about the project at
upcoming City events. She advised that MnDOT has had several meetings with Metro Transit to
discuss bus routes during the project and callers to MnDOT are being encouraged to contact
Metro Transit with questions regarding changes to bus routes. She stated that Ms. Bobbie
Dahlke is the Public Affairs Coordinator for the project and Mr. Steve Barrett is the Resident
Engineer overseeing construction of the project and contact information for Ms. Dahlke and Mr.
Barrett is on the MnDOT website.
City Council Meeting of June 2, 2014 (Item No. 3a) Page 2
Title: Study Session Minutes of May 12, 2014
Councilmember Spano encouraged MnDOT to work with Discover SLP on public outreach and
stated that Discover SLP would be a valuable resource for assistance in providing
communications to the community.
Councilmember Sanger stated the Children First ice cream social would provide an opportunity
for public outreach and is scheduled for Sunday, May 18th.
Councilmember Brausen stated that MnDOT could have its own booth at the Parktacular event.
Councilmember Sanger requested further information about what MnDOT is doing to manage
the detour traffic on local streets.
Mr. Sullivan stated that MnDOT has been working with the City on this issue and the City will
also hold internal meetings with the County and Police Department on the best way to manage
detour traffic on local streets.
Councilmember Sanger stated she received an inquiry from residents asking MnDOT what it will
be doing to control dust and dirt from construction.
Ms. Crockett stated that all projects include dust control and if water trucks need to go out to the
project MnDOT can take care of that.
Councilmember Sanger requested that MnDOT include mention of this in the public outreach
materials. She also asked when the Holiday site would be demolished.
Ms. Crockett stated that the contractor will use the Holiday site as a staging area and MnDOT is
currently finishing the environmental testing on the site and demolition will occur possibly in
August. She advised that the Minnetonka Boulevard bridge will be removed in April 2015 and
bridge access will be closed until approximately October 2015 followed by the Highway 7
closure in late fall 2015. She pointed out that both the Minnetonka Boulevard bridge and
Highway 7 bridge will not be closed at the same time.
Mayor Jacobs thanked Ms. Crockett for the update.
Ms. Crockett encouraged residents to contact her with any questions.
3. Southwest LRT Preliminary Design Plans – Continued Discussion
Mr. Locke presented the staff report and reported that staff has had continued discussions with
SPO staff regarding the City’s comments and concerns, adding that Mr. Alexander emphasized
that while municipal consent is an important public step, it was important to remember that the
municipal consent action is taking place before the 30% design phase is completed. He stated
the SPO emphasized the fact that there would be a continuum of decisions being made during
each design phase and it was important to recognize that the design plans the City has been given
were officially approved by the Met Council as municipal consent plans and the SPO is not
going to be making official changes to those plans prior to municipal consent even though the
SPO is continuing to work on those plans to get to the 30% design phase level. He stated that
any Locally Requested Capital Investments (LCRI) that the City would like in the project will
likely be included at this point. If they are not paid for by the project, they would need to be
City Council Meeting of June 2, 2014 (Item No. 3a) Page 3
Title: Study Session Minutes of May 12, 2014
funded by some outside source. The SPO has indicated it is comfortable including those items in
the plan. He stated the grade separation of the trail at Beltline and Wooddale, and the extension
of Xenwood under the corridor could be included as LCRI’s, with the idea that if funds are
available, they would be paid for by the project. Otherwise, they would need to be paid for from
some other source. He explained that decisions about whether Locally Requested Capital
Investments will be funded from excess SWLRT project money would be made by a Change
Control Board made up of funding partners and Met Council transit operations staff. They will
evaluate change orders and make decisions about how to use excess funds.
Ms. McMonigal stated that the SPO indicated the City could include language in its municipal
consent resolution that states the City and SPO have agreed that the trail will be separated and
included as a Locally Requested Capital Investment; however, it does not bind the SPO to
provide it.
Mr. Harmening referenced the recent letter from the City Attorney advising that conditional
municipal consent can be considered a denial of municipal consent. He stated that a meeting has
been scheduled on May 20th with the Met Council’s General Counsel and the City Attorneys
from St. Louis Park, Hopkins, Minnetonka, and Eden Prairie to discuss the municipal consent
resolution and further information will be provided to Council following the meeting.
Councilmember Spano asked if Minneapolis was invited to the May 20th meeting.
Mr. Harmening replied that an invitation was not extended to Minneapolis for this meeting.
Councilmember Spano stated he was a little concerned that Minneapolis has its own process in
place for dealing with Southwest LRT issues and felt it would be beneficial to have Minneapolis
attend the same briefings as the rest of the cities.
Mr. Locke stated that Met Council staff have been working to identify potential deal breakers
and it would be desirable for Met Council if the communities all followed a similar approach in
working out these issues. He indicated there is no question that the grade separated trail crossing
and extension of Xenwood can be included in the plans if the City says they are funded as
Locally Requested Capital Investments. He stated the SPO wants to pursue the joint
development at Beltline and staff needs to work with the SPO to memorialize that intent.
Ms. Heiser reported that staff recently met with Hennepin County regarding CSAH 25 and the
Lynn Avenue intersection and the County requested that the City take the lead on providing
traffic numbers, adding that the County agreed with the pedestrian concerns raised by the City.
Councilmember Sanger expressed concern that the underpass of Belt Line Boulevard under the
rail/trail corridor was removed from the list of comments on the Municipal Consent plans.
Mr. Locke explained that the grade separation of Beltline from the corridor and rail was further
analyzed by the City’s traffic consultants and the conclusion was that trains do not cause the
traffic problem but rather it is the intersection with CSAH 25 and Beltline that is really the issue.
He added that the way people react to the existing at-grade trail crossing of Belt Line caused
problems that would be solved by grade separating the trail from Belt Line. Grade separating
Belt Line Blvd from the rail/trail corridor is a $20 million item and the SPO will not pay for it so
it has not been included on the current list of changes.
City Council Meeting of June 2, 2014 (Item No. 3a) Page 4
Title: Study Session Minutes of May 12, 2014
Councilmember Sanger stated she would like to see the consultant’s report, adding she did not
think it made sense to grade separate the trail only and wanted to see grade separation of traffic
at Beltline.
Mr. Locke agreed to bring this issue back to Council for further discussion.
Mr. Harmening stated that staff met with Three Rivers Park District last week to discuss the trail
crossings at Beltline and Wooddale and to request that Three Rivers take the lead on the trail
crossings and John Gonyou is going to meet with Hennepin County Commissioners McLaughlin
and Callison to talk about the importance of having these crossings installed.
Councilmember Hallfin stated that the grade separation at Beltline has to be done now during the
project.
Councilmember Sanger stated the project needs to include the trail crossings and grade
separation at Beltline and she was prepared to have the City bear a portion of that cost.
Councilmember Spano suggested that the City request a meeting with Chair Haigh.
Councilmember Brausen indicated he would like to be part of that meeting if possible.
Mr. Locke stated that the municipal consent public hearing is scheduled for May 19th and will be
preceded by an open house with representatives from Met Council in attendance to do a
presentation and answer questions prior to the City Council meeting.
Communications/Meeting Check-In (Verbal)
Mr. Harmening advised that staff would be contacting Council to schedule a bike ride in the near
future.
The meeting adjourned at 8:05 p.m.
______________________________________ ______________________________________
Nancy Stroth, City Clerk Jeff Jacobs, Mayor
Meeting: City Council
Meeting Date: June 2, 2014
Minutes: 3b
UNOFFICIAL MINUTES
CITY COUNCIL MEETING
ST. LOUIS PARK, MINNESOTA
MAY 19, 2014
1. Call to Order
Mayor Pro Tem Anne Mavity called the meeting to order at 7:30 p.m.
Councilmembers present: Mayor Pro Tem Anne Mavity, Tim Brausen, Steve Hallfin, Gregg
Lindberg, Susan Sanger, and Jake Spano.
Councilmembers absent: Mayor Jeff Jacobs.
Staff present: City Manager (Mr. Harmening), City Attorney (Mr. Scott), Fire Chief (Mr.
Koering), Director of Community Development (Mr. Locke), Director of Operations and
Recreation (Ms. Walsh), Director of Engineering (Ms. Heiser), Planning and Zoning Supervisor
(Ms. McMonigal), Marketing & Communications Coordinator (Mr. Zwilling), and Recording
Secretary (Ms. Hughes).
Guests: Mr. Victor Pechaty (Hammel, Green and Abrahamson) and Mr. Jim Alexander (Met
Council Southwest LRT Project Office).
1a. Pledge of Allegiance
1b. Roll Call
2. Presentations
2a. SLP Parktacular Ambassador Introduction & Recap of Year
Mayor Pro Tem Mavity introduced Ms. Marti Biegler from the St. Louis Park and
Parktacular Ambassador Program.
Ms. Biegler stated that last year, the ambassadors traveled all over Minnesota and
western Wisconsin, and they received an award at the LaCrosse Oktoberfest and have
received first place in the Hopkins Raspberry Festival parade for many years. She invited
residents to attend this year’s Parktacular event on June 12-15. The ambassadors then
introduced themselves.
Mayor Pro Tem Mavity thanked the ambassadors for representing the community.
2b. Retirement Recognition Resolution for Firefighter Phil Robinson
Mayor Pro Tem Mavity recited the resolution recognizing the contributions of and
expressing appreciation to firefighter Phil Robinson and presented a plaque to Mr.
Robinson in recognition of his years of service to the City.
Mr. Robinson stated it has been a privilege and an honor to serve the community for 27
years and expressed appreciation for all the support given to the Fire Department by the
City Council and citizens.
Mr. Koering thanked Mr. Robinson for his many years of service.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 2
Title: City Council Meeting Minutes of May 19, 2014
3. Approval of Minutes
3a. Study Session Minutes April 28, 2014
The minutes were approved as presented.
3b. Special Study Session Minutes May 5, 2014
The minutes were approved as presented.
3c. City Council Meeting Minutes May 5, 2014
The minutes were approved as presented.
4. Approval of Agenda and Items on Consent Calendar
NOTE: The Consent Calendar lists those items of business which are considered to be routine and/or which need no
discussion. Consent items are acted upon by one motion. If discussion is desired by either a Councilmember or a
member of the audience, that item may be moved to an appropriate section of the regular agenda for discussion.
4a. Designate Valley Paving Inc. the lowest responsible bidder and authorize execution of
a contract with the firm in the amount of $3,115,051.04 for the 2014 Local Street
Rehabilitation Project (Area 2) - Project No. 2013-1000.
4b. Designate Valley Paving, Inc. the lowest responsible bidder and authorize execution of
a contract with the firm in the amount of $683,050.21 for the 2014 MSA Street Rehab
(Pennsylvania Avenue) Project - Project #2016-1100.
4c. Approve the Amendment to the Bassett Creek Watershed Management Commission
Joint Powers Agreement.
4d. Adopt Resolution No. 14-067 to recognize Firefighter Phil Robinson for his 27 years
of service to the City of St. Louis Park.
4e. Approve a three month extension for the Conditional Use Permit (CUP) and Variance
for Auto Motion (Resolution No. 11-133-1) for renovations to the existing motor
vehicle service station and construction of a new carwash.
4f. Adopt Resolution No. 14-068 authorizing the submission of a grant application to the
Metropolitan Council Livable Communities Transit Oriented Development Program
for pre-development activities for PLACE.
4g. Approve premises amendment to the on sale brewer’s Taproom liquor license for Steel
Toe Brewing, LLC, located at 4848 35th Street West.
4h. Adopt Resolution No. 14-069 accepting the project report, establishing Improvement
Project No. 4014-3000, approving plans and specifications and authorizing invitation
for bids for Improvement Project No. 4014-3000.
4i. Adopt:
• Resolution No. 14-070 approving the Cooperative Construction Agreement
• Resolution No. 14-071 approving Trunk Highway 7 Detour Agreement
• Resolution No. 14-071 approving Traffic Control Signal Agreement w/ MnDOT for
reconstruction of Trunk Highway 100.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 3
Title: City Council Meeting Minutes of May 19, 2014
4j. Accept for filing Telecommunications Minutes December 11, 2013
4k. Accept for filing Environment and Sustainability Commission Minutes April 2, 2014
4l. Accept for filing Planning Commission Minutes April 23, 2014
It was moved by Councilmember Spano, seconded by Councilmember Hallfin, to approve
the Agenda and items listed on the Consent Calendar; and to waive reading of all
resolutions and ordinances.
The motion passed 6-0 (Mayor Jacobs absent).
5. Boards and Commissions - None
6. Public Hearings
6a. Public Hearing for Southwest LRT Municipal Consent Plans
Mayor Pro Tem Mavity acknowledged and welcomed newly elected Hennepin County
Commissioner Marion Greene and thanked her for attending tonight’s meeting.
Ms. McMonigal presented the staff report and explained this public hearing is part of the
official procedure required under the municipal consent process for Southwest LRT and
all cities as well as Hennepin County and the Met Council are required to hold public
hearings prior to taking action on the municipal consent plans. She stated that Council
action on the municipal consent plans is required by July 14, 2014, and the purpose of
tonight’s public hearing is to receive comments on the municipal consent plans. Action
by Council will take place at a future meeting in late June or early July. She pointed out
that the municipal consent plans are the subject of ongoing discussion among City staff
and the Southwest LRT Project Office as well as the City Council. Those discussions
include grade separating the regional trail, additional roadway configurations, and
improving circulation around the station areas. She stated that additional comments may
be submitted in writing or via email to nsells@stlouispark.org by June 2nd. She then
introduced Mr. Jim Alexander, Director of Design and Engineering for Southwest LRT.
Mr. Alexander thanked the City for holding the open house and public hearing and stated
that St. Louis Park is the first city to hold its open house and public hearing as part of the
municipal consent process. He presented a map of the Southwest LRT alignment and
explained that Minn. Stat. Sec. 473.3994 governs local jurisdictional review and approval
of the physical design component of the preliminary design plans and local jurisdiction
options include approving the preliminary design plans or disapproving the plans with
required changes. He stated that next steps in the municipal consent process include
station design and public art, streetscape design, utility relocation design, and design
advancement including light rail track features, roadway details, bridges and tunnels, and
freight rail track features. He added that further information is available online at
www.swlrt.org or via email at swlrt@metrotransit.org
Mayor Pro Tem Mavity opened the public hearing.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 4
Title: City Council Meeting Minutes of May 19, 2014
Mr. Brian Zachek, 6108 Minnetonka Boulevard, expressed support for light rail and
asked Council to deny m unicipal consent unless the freight rail reroute issue is taken off
the table for good in order to give residents peace of mind and to move forward with
Southwest LRT in the most beneficial way for St. Louis Park.
Mr. Dan Salmon, 3106 Inglewood Avenue South, stated he owns the building located
near the Beltline station and all the apartments in that area are currently able to cross over
the existing tracks onto the trail. He stated it was his understanding that fencing will be
installed in this area requiring people to travel more than one-third of a mile to access the
trails and asked Council to consider safe access to the trail from this neighborhood either
through back trails or via the frontage road along Highway 7.
Ms. Sara Bergen, 2939 Princeton, thanked Councilmember Spano for his work on the
CMC and representing St. Louis Park. She encouraged Council to approve municipal
consent but to continue working with Met Council on grade separation at Beltline,
particularly with the proposed 500+ vehicle park and ride, which is going to increase
traffic in this area especially if there is no grade separation. She encouraged residents to
attend a meeting on May 20th at 6:00 p.m. regarding form-based code at the Beltline station.
Ms. Diane Steen-Hinderlie, 2829 Yosemite, stated that Mr. T.D. Walker was a co-
founder of St. Louis Park and a champion for arts and culture. She stated that Walker
Street in the center of St. Louis Park is named after Mr. Walker and this area is the true
downtown of St. Louis Park and includes several small businesses and indicated it would
be nice to preserve this area.
Mr. Joe LaPray, 3256 Blackstone Avenue, asked Council to give municipal consent for
Southwest LRT and stated the region needs light rail and the region does not need any
more confusion or acrimony regarding freight rail reroutes. He stated if there were a
freight rail derailment in Kenilworth, Minneapolis would again raise the reroute issue.
He stated the only reroute that works is the Brunswick Central option and this would put
a wall up in the community. He felt that St. Louis Park needs a clear, strong resolution
that none of the plans put forth will be acceptable for a reroute and he urged Council to
vote to keep the ill conceived reroute plans buried deep.
Ms. Deb McMillan, TwinWest Chamber of Commerce Director of Government Affairs,
stated the TwinWest Chamber sent a letter last month to Met Council Chair Susan Haigh
expressing support for Southwest LRT. She stated the benefits of Southwest LRT are
extensive and provide a catalyst for economic growth and Twin West Chamber’s support
has not wavered throughout the process. She asked Council to continue to support
Southwest LRT by granting municipal consent, adding that the project’s impact is far-
reaching and vital to the continued growth and competitiveness of the region.
Ms. Kathryn Kottke, 2712 Brunswick Avenue, stated she has been a resident of St. Louis
Park for 19 years and has been going to train meetings for more than four years. She
stated she loves St. Louis Park and does not want to move but wondered if they are going
to have to move because they cannot send their kids to a school with a train going
through its campus. She stated she does not believe the community is safe from the
possibility of a reroute until a demand is made that any reroute be removed from
consideration and urged Council to take measures now to protect St. Louis Park from
City Council Meeting of June 2, 2014 (Item No. 3b) Page 5
Title: City Council Meeting Minutes of May 19, 2014
these unsafe ideas that are serving to protect a few in the Kenilworth corridor and now is
the time to act to deny municipal consent until a reroute is removed from this decision.
Ms. Jami LaPray, 3256 Blackstone Avenue, stated that over the past four years many
people believed that a freight rail reroute was either inevitable or a good idea. She stated
the delays caused by the additional studies not only added to the project’s cost but has
also caused many residents to lose trust and wonder if they can ever see an end to the
relocation nightmare. She stated that Senator Latz was originally in favor of the reroute
but voted against the bonding bill in order to make a statement and the Senator’s stand is
a step forward in rebuilding trust, however, outside St. Louis Park this stubborn denial
continues and adds to the concern that St. Louis Park residents may never be out from the
threat of a reroute. She stated that Safety in the Park received an email from Mr. Frank
Pafko referencing Minnesota Administrative Rule 4410.3100 (Prohibition on Final
Governmental Decisions) and stated that Met Council may be rushing municipal consent
in relation to the Supplemental DEIS and this could leave the door open to moving
freight rail to St. Louis Park. She stated she recently learned the Kenilworth Preservation
Society has decided to file a lawsuit and it appears there are ample grounds including the
Administrative Rule mentioned earlier. She felt that despite this lawsuit she had no doubt
that Southwest LRT will move forward but her concern is not about light rail or the
reroute returning as a part of Southwest LRT, rather, her concern is about the possibility
that the lawsuit is an attempt to get Hennepin County to live up to undocumented
promises to get freight rail moved to St. Louis Park. She stated that residents should
never again have to endure a PMT process, endless hearings, or having one area pitted
against another. She encouraged Council to hear their frustration and urged Council to
find a way to do whatever it takes to end the reroute nightmare forever.
Mr. Thom Miller, 2900 Yosemite Avenue, thanked Council for its hard work on
Southwest LRT and for listening to residents. He stated the issue of using the MN&S
line for something it was not built for has been studied and all the reports indicated there
was no reasonable way to safely reroute freight rail traffic onto the MN&S and urged
Council to ask Met Council not to study rerouting at any time in the future. He
referenced action taken in 2002 by the City of Edina that no further study could be done
on the MN&S for passenger service. He felt this was the time to get ahead of the reroute
issue, adding that as long as MN&S is on a map there will be some who will push to get
freight rail rerouted, adding that Minneapolis is currently working on some language that
freight rail should not be considered permanent and may be considered again in the
future. He stated Senator Latz recently voted against the bonding bill and defended his
vote by stating that he had a quarrel with the way Minneapolis has treated St. Louis Park
during the course of the Southwest LRT routing matter. He asked Council to stand up for
its residents by granting municipal consent with a clause prohibiting future discussion of
the reroute.
Mr. Larry Jones, 3000 Highway 100 South, urged Council to move ahead with municipal
consent as proposed by the Met Council. He stated he does not want to see the region
lose out on the Federal funding and felt the project needs to move ahead. He expressed
concern about the size of the park and ride at Beltline and referenced a blog from the
Daily Planet regarding park and ride facilities that speaks about vacant parking spaces
along the Northstar commuter rail line.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 6
Title: City Council Meeting Minutes of May 19, 2014
Ms. Kay Drache, 3067 Zarthan, felt it was imperative that all parties acknowledge that
relocation of freight rail will not be considered in the years to come and urged Council to
insert a clause removing any rerouting before giving municipal consent.
Ms. Renee Beltrand, 2805 Zarthan, agreed with the comments made by Mr. Tom Miller.
Mr. Eric Hickstein, 2856 France Avenue, stated he is a freshman at the high school and
the light rail would help him because he is planning to take college classes in
Minneapolis and will not have a car to drive to Minneapolis.
Mr. Phil Freshman, 3912 Natchez, agreed with Ms. Jami LaPray and Mr. Tom Miller and
others who want to make sure municipal consent includes a strong proviso that residents
do not have to go through the nightmare again with a freight rail reroute.
Mayor Pro Tem Mavity closed the public hearing.
Mr. Harmening explained that the municipal consent process ends as of July 14th and if a
community does not take action by that date, the law assumes that a community has
approved the municipal consent plans. He stated that Council will take action sometime
in the middle of June or early July and pointed out that a specific date for municipal
consent has not yet been determined because of the City’s desire to continue its
conversations with Met Council.
7. Requests, Petitions, and Communications from the Public – None
8. Resolutions, Ordinances, Motions and Discussion Items
8a. Approve Community Center Project – Schematic Design
Ms. Walsh presented the staff report and provided background on the City’s earlier
visioning process that identified the need for a community gathering place and the
establishment of a task force that presented findings and a recommendation to enter into a
feasibility study for a community center. She explained that the schematic design phase
would include soil and survey work as well as environmental testing and would include
contracts with a number of different companies including a third party estimator. She
then introduced Mr. Victor Pechaty from Hammel, Green and Abrahamson.
Mr. Pechaty stated that the schematic design phase is intended to provide more detailed
and accurate cost estimates for the project. He explained that since completion of the
feasibility study, they have determined that the cost of a community center would be
approximately $40 million for construction and approximately $10 million in soft costs
and they propose to execute approximately 50% of the schematic design phase, which
would include development of cost estimates for the preferred site and would be based on
the market standard cost per square foot for this type of building. He pointed out that in
order to achieve realistic cost estimates, they recommend producing a portion of the
schematic design for the project which includes floor plans for the building, the three
dimensional characteristics of the building, site plans as well as a preliminary engineering
analysis. He stated that in order to complete the 50% schematic design plans they would
use a team of architects and engineers with a portion of the work delegated to a
consultant to produce cost estimates for the project.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 7
Title: City Council Meeting Minutes of May 19, 2014
Mr. Larry Jones, 3000 Highway 100 South, approached the City Council and stated he is
not opposed to a community center and would support it but was concerned about the
process. He indicated that the last time this item was before the public was in 2011 and
felt that was a long time for the public not to know what is going on. He was also
concerned about spending $400,000 from the Park Improvement Fund and suggested
holding a public information meeting before proceeding to the schematic design phase.
Councilmember Spano stated that Council has previously expressed concern about the
total cost of a community center and felt that $400,000 was a lot of money to spend on a
project that has not yet been approved, especially given the unknown costs associated
with Southwest LRT. He asked if there was any way for Council to demonstrate to the
community what they would get for their money that does not require spending $400,000.
Mr. Pechaty stated that they are flexible in balancing the scope of work and cost
associated with getting the City to the next step of a community center project. He
indicated that the schematic design process as an overall percentage of the project is
typically 15% of the overall effort and they have recommended 50% of that cost at this
time. He stated their fee proposal was generated using industry standards for architect
and engineering fees in the range of 6-8% of the total cost of construction or
approximately $225,000 for their firm plus the specialty consultants for a maximum
amount of $400,000, adding that this amount is intended to cover some of the unknown
costs of exploring the soil contamination on the site. He stated the feasibility study did
not test or account for the soils and it is their recommendation that any subsequent step in
the process include a soil analysis of the site. He stated floor plans need to be done to
inform the exterior look of the building and if the drawings are not substantiated by the
floor plans, it compromises the accuracy of the costs associated with the project.
Councilmember Sanger stated that the schematic design phase is needed and is part of
Council’s plan to go out to the public with all that detailed information, including the cost
estimates, and without this information, the City will not have accurate information from
which residents can base their feedback on the cost elements. She added the City has
received a great deal of public comment supporting the concept of a community center
and the schematic design phase will provide more detailed information for the
community in order to obtain their input.
Councilmember Lindberg expressed support for moving forward with schematic design
and felt the City has done a good job of engaging the public in this process. He agreed
with Councilmember Sanger that this represents a necessary next step in the process in
order to go back out to the public to see if they want a community center to be built.
Councilmember Spano stated he was not ready to move forward with schematic design,
not because he does not believe the project has merit or that it would be a great addition
to the community, but his ongoing concern is that this project could be done anytime
whereas the City cannot control the timing of the Southwest LRT project. He stated he
was not ready to move forward with spending this money on schematic design because he
was not willing to move forward at this time on a community center project.
City Council Meeting of June 2, 2014 (Item No. 3b) Page 8
Title: City Council Meeting Minutes of May 19, 2014
Councilmember Sanger stated these are necessary steps even if Council later decides not
to build a community center and it was her preference to go forward with schematic
design and to have parallel ongoing discussions regarding additional expenses related to
Southwest LRT.
Councilmember Hallfin noted that Council decided to hold off on any decision on a
community center because of the uncertainties related to Southwest LRT and
unfortunately those uncertainties still exist. He stated he would like to again push off any
decision on a community center until the City has more information about potential
obligations related to Southwest LRT, including the possibility of grade separation at
Beltline for the trails as well as vehicles.
Councilmember Brausen spoke in favor of the schematic design phase and felt that a
community center represented an essential community asset whether developed now or in
the future. He stated that delaying this phase could cost the City a lot of money in
increased interest rates and the only way to have an accurate picture of what is being
proposed is to go forward with this preliminary work and then let the community decide.
It was moved by Councilmember Sanger, seconded by Councilmember Lindberg, to
direct staff to enter into contracts not to exceed $400,000 for the schematic design phase
of a potential Community Center.
Mayor Pro Tem Mavity expressed support for entering the schematic design phase and
felt that Council needed this additional information to figure out whether a community
center project is feasible, adding that she shares the concerns regarding costs associated
with Southwest LRT.
The motion passed 4-2 (Councilmembers Hallfin and Spano opposed; Mayor Jacobs
absent).
9. Communications
Mr. Harmening thanked residents for attending the Children First ice cream social on
Sunday. He stated that the City hosted a slug fest over the weekend with approximately
sixty teams in attendance. He thanked the City’s Parks and Recreation staff for all the
great work they did in supporting the slug fest. He also reported on the tree climbing
event at Oak Hill Park over the weekend.
Mayor Pro Tem Mavity encouraged residents to attend the Beltline Station Planning
Session on Tuesday, May 20th, from 6:00-8:00 p.m. at the Rec Center and stated this will
be a visioning session on how to use form based codes at the Beltline Station.
10. Adjournment
The meeting adjourned at 9:02 p.m.
______________________________________ ______________________________________
Nancy Stroth, City Clerk Anne Mavity, Mayor Pro Tem
Meeting: City Council
Meeting Date: June 2, 2014
Consent Agenda Item: 4a
EXECUTIVE SUMMARY
TITLE: Retirement Recognition Resolution for Assistant Fire Chief Mark Windschitl
RECOMMENDED ACTION: Motion to Adopt Resolution to recognize Assistant Fire Chief
Mark Windschitl for his 27 years of service to the City of St. Louis Park.
POLICY CONSIDERATION: None at this time.
SUMMARY: City p olicy states that employees who retire or resign in good standing with over
20 years of service will be presented with a resolution from the Mayor, City Manager and City
Council.
This consent item will officially adopt the resolution that honors Mark for his years of service.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Resolution
Prepared by: Ali Fosse, HR Coordinator
Reviewed by: Nancy Deno, Deputy City Manager/HR Director
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 4a) Page 2
Title: Retirement Recognition Resolution for Assistant Fire Chief Mark Windschitl
RESOLUTION NO. 14-___
RESOLUTION OF THE
CITY COUNCIL OF ST. LOUIS PARK, MINNESOTA,
RECOGNIZING THE CONTRIBUTIONS OF AND EXPRESSING APPRECIATION
TO ASSISTANT FIRE CHIEF MARK WINDSCHITL
WHEREAS, Assistant Chief Windschitl began his employment with the City of St. Louis
Park almost 27 years ago on August 16, 1987; and
WHEREAS, Assistant Chief Windschitl has worked his way from Firefighter to Interim
Chief by virtue of his strong commitment to the fire department, willingness to do whatever it
takes to get the job done, his boundless energy, sense of humor, and belief in teamwork; and
WHEREAS, Assistant Chief Windschitl has traveled long distances as a representative of
the SLP FD to volunteer countless hours to local, regional, and national incidents; and
WHEREAS, Assistant Chief Windschitl modeled excellence as an employee and was
awarded the Spirit of St. Louis Park Award in 2007; and
WHEREAS, Assistant Chief Windschitl’s passion to serve motivated him to serve others
through multiple terms as the Mayor of Chaska; and
WHEREAS, Assistant Chief Windschitl worked tirelessly to supervise the successful
completion of the construction of two new fire stations in St. Louis Park; and
WHEREAS, Assistant Chief Windschitl played an active role in bringing honor to the fallen
St. Louis Park Firefighters by supporting the construction of the Fallen Firefighter Memorial in
St. Paul; and
WHEREAS, Assistant Chief Windschitl served on the board and as past President of the
Hennepin County Fire Chiefs Association and the Southwest Joint Operations Association; and
also was part of the Southwest Mutual Aid Association and Minnesota State Chiefs Association; and
WHEREAS, Assistant Chief Windschitl will now finally spend his retirement years
traveling and spending time with his fiancée, Connie, his children and grandchildren, and of
course, riding his beloved Harley Davidson motorcycle;
NOW THEREFORE BE IT RESOLVED that the City Council of the City of St. Louis
Park, Minnesota, by this resolution and public record, would like to thank Assistant Fire Chief
Mark Windschitl for his great contributions and nearly 27 years of dedicated service to the City
of St. Louis Park and wish him the best in his retirement.
Reviewed for Administration: Adopted by the City Council June 2, 2014
City Manager Mayor
Attest:
City Clerk
Meeting: City Council
Meeting Date: June 2, 2014
Consent Agenda Item: 4b
EXECUTIVE SUMMARY
TITLE: Temporary On-Sale Liquor License – Parktacular Inc.
RECOMMENDED ACTION: Motion to Approve a Temporary On-Sale Intoxicating Liquor
License for Parktacular Inc. for their Annual Parktacular Celebration Block Party to be held June
13, 2014, at the Town Green located at Excelsior and Grand, 3815 Grand Way in St Louis Park.
POLICY CONSIDERATION: Does Council wish to approve the temporary on-sale
intoxicating liquor license for the Annual Parktacular Inc. Celebration held at the Town Green
located at Excelsior and Grand on June 13, 2014?
BACKGROUND: The Parktacular 2014 Community Celebration will be held June 12 - June 15.
Parktacular, Inc., 3700 Monterey Drive, has made an application for a temporary on sale liquor
license for the Parktacular Block Party Event scheduled for Friday, June 13 at the Excelsior &
Grand Town Green. Liquor in the form of wine and beer will be available during the hours of
6:00 p.m. - 11:00 p.m. The outdoor concert entertainment will be provided by R Factor who will
perform from 6:30 p.m. to 11:00 p.m. Free parking is available in the Excelsior and Grand
Ramps and The Rec Center parking lot.
The Police Department has completed the background investigation on the main principals and
has found no reason to deny the temporary license. The applicant has met all requirements for
issuance of the license and staff is recommending approval.
FINANCIAL OR BUDGET CONSIDERATION: The fee for a temporary liquor license is
$100.00 per day of the event.
VISION CONSIDERATION: The annual Parktacular Street Community Event supports the
strategic direction of being a connected and engaged community by increasing use of existing
gathering places.
Attachments: Discussion
Map
Prepared by: Nate Rosa, Recreation Supervisor – Operations and Recreation
Nancy Stroth, City Clerk
Reviewed by: Cindy Walsh, Operations and Recreation Director
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 4b) Page 2
Title: Temporary On-Sale Liquor License – Parktacular Inc.
DISCUSSION
BACKGROUND: The 2014 Parktacular Event is an annual celebration with many sponsors
and volunteers promoting a spirit of pride, a sense of community and an atmosphere of
celebration for all residents of the City of St. Louis Park. Various sponsors and Discover St
Louis Park have donated funds to Parktacular to sponsor the Block Party which includes
entertainment, food, and beverages.
Per State Statute 340A.404, Subd. 10, a temporary on-sale liquor license may provide that the
licensee may contract for intoxicating liquor catering services with the holder of a full-year on-
sale intoxicating liquor license issued by any municipality.
Parktacular has contracted with Event Marketplace, a subsidiary of BB Burger Adventures, LLC
dba B-52 Burgers and Brew in Inver Grove Heights who currently hold a State Intoxicating
Liquor License. The alcohol will be provided at the event during the hours of 6:00 p.m. to 11:00
p.m. to anyone 21 years of age and older. Event Marketplace will be coordinating and providing
staff required to check ID’s and wrist bands to ensure no alcohol will be sold to minors. Police
officers will also be on duty at the event.
Per City Code Section 3-33, no person shall possess open containers of alcoholic beverages or
consume any alcohol beverages on public streets, public parking lots, or on private property
generally open to the public unless possession or consumption is during a specific event on such
property which is approved by the City. Attached is a map of the Excelsior and Grand Town
Green showing the fenced off premises area for the Block Party where liquor will be allowed.
The required certificate of liquor liability insurance to cover the event will be submitted to the
Parktacular Board and the city Liaison.
PRESENT CONSIDERATIONS: The Block Party Event is free this year and many volunteers
will be monitoring crowd control along with a “dump bucket” at each entrance/exit. After the
11:00 p.m. closing time of the Block Party, the area will be cleaned. St. Louis Park Police
Department has indicated there have been no incidences reported stemming from the previous
block parties.
NEXT STEPS: After City Council approval of Temporary Liquor License applications, the
State application is submitted to the Alcohol Enforcement Division of the Minnesota Department
of Public Safety for final approval.
PARKTACULAR BLOCK PARTY
JUNE 13th 2014
Alcohol permitted only in the fenced area
Lion
s
C
lub
Food
Sa
le
sEvent
Ma
rke
tpa
lce
L
iquo
r
Sa
le
s
Stage
City Council Meeting of June 2, 2014 (Item No. 4b)
Title: Temporary On-Sale Liquor License – Parktacular Inc.Page 3
Meeting: City Council
Meeting Date: June 2, 2014
Consent Agenda Item: 4c
EXECUTIVE SUMMARY
TITLE: Accept Monetary Donations from Loop Minnesota & Hearing Loss Association of America
RECOMMENDED ACTION: Motion to Adopt Resolution approving acceptance of a
monetary donation from Loop Minnesota and Hearing Loss Association of America in the
amount of $1,000 each for the installation of a Hearing Induction Loop in the Council Chambers.
POLICY CONSIDERATION: Does the City Council wish to accept the gift with restrictions
on its use?
SUMMARY: State statute requires City Council acceptance of donations. This requirement is
necessary in order to make sure the City Council has knowledge of any restrictions placed on the
use of each donation prior to it being expended.
Loop Minnesota and Hearing Loss Association of America are graciously donating an amount of
$1,000 each. The donations will be used specifically to partially offset the cost of the installation
of the hearing induction loops in the Council Chambers.
Installing an induction loop provides improved clarity of amplified vocals and presentations for
hearing aid users when their device is equipped with a telecoil. A specialty amplifier connected
to the PA powers a copper wire installed beneath the carpet around the perimeter of the room.
This system improves accessibility of council and other public meetings held in the room to a
greater portion of our residents.
FINANCIAL OR BUDGET CONSIDERATION: The donations will be used toward the cost
of installation of the hearing induction loop system. Total cost of this project is $5,000 from
2014 Facilities Maintenance operating budget.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: Resolution
Donation Letters
Prepared by: Ann Boettcher, Inspection Services Manager
Reviewed by: Brian Hoffman, Director of Inspections
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 4c) Page 2
Title: Accept Monetary Donations from Loop Minnesota & Hearing Loss Association of America
RESOLUTION NO. 14-____
RESOLUTION APPROVING ACCEPTANCE OF DONATIONS
IN THE AMOUNT OF $2,000 TO BE USED TOWARDS THE
INSTALL$7ION OF A HEARING INDUCTION LOOP IN THE COUNCIL CHAMBERS
WHEREAS, The City of St. Louis Park is required by State statute to authorize
acceptance of any donations; and
WHEREAS, Loop Minnesota and Hearing Loss Association of America donated $1,000
each towards the installation of a Hearing Induction Loop in the Council Chambers; and
NOW THEREFORE BE IT RESOLVED, by the City Council of the City of St. Louis
Park that the gift is hereby accepted with thanks to Loop Minnesota and Hearing Loss
Association of America with the understanding that it must be used to assist with the cost
associated with the installation of a hearing induction loop in the Council Chambers.
Reviewed for Administration: Adopted by the City Council June 2, 2014
City Manager Mayor
Attest:
City Clerk
City Council Meeting of June 2, 2014 (Item No. 4c) Title: Accept Monetary Donations from Loop Minnesota & Hearing Loss Association of AmericaPage 3
City Council Meeting of June 2, 2014 (Item No. 4c) Title: Accept Monetary Donations from Loop Minnesota & Hearing Loss Association of AmericaPage 4
Meeting: City Council
Meeting Date: June 2, 2014
Consent Agenda Item: 4d
EXECUTIVE SUMMARY
TITLE: Approval of City Disbursements
RECOMMENDED ACTION: Motion to accept for filing City Disbursement Claims for the
period of April 26 through May 23, 2014.
POLICY CONSIDERATION: Does the City Council desire to approve City disbursements in
accordance with Section 6.11 – Disbursements – How Made, of the City’s Charter?
SUMMARY: The Accounting Division prepares this report on a monthly basis for the City
Council to review and approve. The attached reports show both City disbursements paid by
physical check and those by wire transfer or Automated Clearing House (ACH) when applicable.
FINANCIAL OR BUDGET CONSIDERATION: Review and approval of the information
follows the City’s Charter and provides another layer of oversight to further ensure fiscal
stewardship.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: City Disbursements
Prepared by: Connie Neubeck, Account Clerk
Reviewed by: Brian A. Swanson, Controller
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
1Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
94.79A-1 OUTDOOR POWER INC GENERAL FUND BALANCE SHEET INVENTORY
84.83PARK MAINTENANCE G & A GENERAL SUPPLIES
760.33PARK MAINTENANCE G & A OTHER IMPROVEMENT SUPPLIES
433.28TREE MAINTENANCE OTHER IMPROVEMENT SUPPLIES
1,373.23
71.57ABELSON, SHARON HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
71.57
113.12ABERNATHY, LISA ORGANIZED REC G & A MILEAGE-PERSONAL CAR
113.12
384.46ABLE HOSE & RUBBER INC SEWER UTILITY G&A OTHER IMPROVEMENT SERVICE
30.80PARK MAINTENANCE G & A GENERAL SUPPLIES
415.26
450.00ACACIA ARCHITECTS LLC MOVE-UP PROGRAM OTHER CONTRACTUAL SERVICES
450.00
377.00ACME TOOLS WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
457.98WATER UTILITY G&A OTHER
834.98
1,000.00ACOUSTICS ASSOCIATES INC PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
1,655.00REC CENTER BUILDING BUILDING MTCE SERVICE
2,655.00
379.21AIRGAS NORTH CENTRAL OPERATIONS OPERATIONAL SUPPLIES
379.21
2,393.22AKINS, DEAN GENERAL FUND BALANCE SHEET CLEARING ACCOUNT
2,393.22
200.00ALDERSGATE UNITED METHODIST CHURCH ADMINISTRATION G & A RENTAL BUILDINGS
200.00
585.00ALLIANCE MECH SRVCS INC FACILITIES MCTE G & A BUILDING MTCE SERVICE
585.00
238.69ALLIED PRODUCTS CORP REC CENTER BUILDING GENERAL SUPPLIES
238.69
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 2
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
2Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
1,487.80AMERICAN ENGINEERING TESTING INC PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
7,600.00STREET CAPITAL PROJ G & A GENERAL PROFESSIONAL SERVICES
9,087.80
224.70AMERICAN FLAGPOLE & FLAG CO PARK EQUIPMENT MAINTENANCE GENERAL SUPPLIES
393.44BUILDING MAINTENANCE BUILDING MTCE SERVICE
618.14
146.24AMERICAN MESSAGING CELLPHONES, IPADS, ETC.TELEPHONE
146.24
140.22AMERICAN TIRE DISTRIBUTORS GENERAL FUND BALANCE SHEET INVENTORY
140.22
139.65AMERIMARK DIRECT SOLID WASTE G&A OPERATIONAL SUPPLIES
139.65
1,720.48ANDERSEN INC, EARL INSTALLATION OTHER IMPROVEMENT SUPPLIES
1,720.48
1,176.56APACHE GROUP OF MINNESOTA REC CENTER BUILDING GENERAL SUPPLIES
1,176.56
853.85ARAMARK UNIFORM SERVICES FACILITIES MCTE G & A OTHER CONTRACTUAL SERVICES
173.84GENERAL CUSTODIAL DUTIES OTHER CONTRACTUAL SERVICES
63.05ENTERPRISE G & A GENERAL SUPPLIES
1,090.74
26.83ARCPRINTING/REPRO SERVICES EQUIPMENT MTCE SERVICE
26.83
9,667.55ART PARTNERS GROUP GO BONDS-FIRE STATIONS G&A BUILDINGS & STRUCTURES
9,667.55
154.86ASET SUPPLY AND PAPER INC REC CENTER BUILDING OPERATIONAL SUPPLIES
154.86
3,424.60ASPEN MILLS OPERATIONS OPERATIONAL SUPPLIES
3,424.60
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 3
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
3Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
374.72ATIR ELECTRIC CORPORATION FACILITIES MCTE G & A BUILDING MTCE SERVICE
374.72
64.83ATOMIC RECYCLING PUBLIC WORKS OPS G & A CLEANING/WASTE REMOVAL SERVICE
64.84SEWER UTILITY G&A CLEANING/WASTE REMOVAL SERVICE
403.83VEHICLE MAINTENANCE G&A CLEANING/WASTE REMOVAL SERVICE
533.50
43.89AUTO PLUS GENERAL FUND BALANCE SHEET INVENTORY
43.89
6,712.08AUTOMATIC SYSTEMS INC WATER UTILITY G&A EQUIPMENT MTCE SERVICE
6,712.08
343.68AUTOMOBILE SERVICE GENERAL REPAIR EQUIPMENT MTCE SERVICE
343.68
470.00AUTOMOTIVE RESOURCES INC GENERAL REPAIR EQUIPMENT MTCE SERVICE
470.00
824.01BACHMANSMUNICIPAL BLDG IMPROVEMENTS OTHER THAN BUILDI
352.88BEAUTIFICATION / FLOWERS LANDSCAPING MATERIALS
1,176.89
1,554.99BADGER METER INC WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
1,554.99
9,400.00BADGER STATE INSPECTION LLC WATER UTILITY BALANCE SHEET GENERAL
9,400.00
4,521.00BAILEY NURSERIES INC TREE REPLACEMENT TREE REPLACEMENT
4,521.00
40.41BALDWIN SUPPLY COMPANY GENERAL FUND BALANCE SHEET INVENTORY
40.41
75.00BARNA, GUZY & STEFFEN LTD HUMAN RESOURCES GENERAL PROFESSIONAL SERVICES
75.00
3,155.00BARR ENGINEERING CO SOLID WASTE G&A GENERAL PROFESSIONAL SERVICES
3,155.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 4
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
4Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
2,300.00BIRCHWOOD NEIGHBORHOOD ASSOC HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
2,300.00
16,985.00BOBS WOOD SPECIALTIES PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
16,985.00
3,195.00BOLTON & MENK INC ENGINEERING G & A GENERAL PROFESSIONAL SERVICES
4,706.20STREET CAPITAL PROJ G & A GENERAL PROFESSIONAL SERVICES
52.00STREET CAPITAL PROJ G & A IMPROVEMENTS OTHER THAN BUILDI
1,563.42WATER UTILITY G&A OTHER CONTRACTUAL SERVICES
9,516.62
150.00BOND TRUST SERVICES CORP 2010D FIRE STAT DEBT SERV G&A OTHER CONTRACTUAL SERVICES
150.00
250.52BOUND TREE MEDICAL, LLC POLICE G & A OPERATIONAL SUPPLIES
250.52
9,280.00BRAUN INTERTEC CORPORATION STREET CAPITAL PROJ G & A GENERAL PROFESSIONAL SERVICES
9,280.00
15.00BREMER BANK NATIONAL ASSN POLICE G & A OTHER CONTRACTUAL SERVICES
15.00
785.00BRIN NORTHWESTERN GLASS CO FACILITIES MCTE G & A BUILDING MTCE SERVICE
785.00
1,940.53BROWNDALE NEIGHBORHOOD ASSOCIATION HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
1,940.53
55,814.00BUILDING RESTORATION CORP MUNICIPAL BLDG OTHER CONTRACTUAL SERVICES
55,814.00
553.84BURRELL TRUSTEE, GREGORY A EMPLOYEE FLEXIBLE SPENDING B/S WAGE GARNISHMENTS
553.84
741.00CALHOUN TOWERS APTS OPERATIONS RADIO COMMUNICATIONS
741.00
7,091.60CAMPBELL KNUTSON PROF ASSOC ADMINISTRATION G & A LEGAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 5
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
5Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
272.00ENGINEERING G & A LEGAL SERVICES
16.00EXCESS PUBLIC LAND LEGAL SERVICES
1,062.00STREET CAPITAL PROJ G & A LEGAL SERVICES
240.00WATER UTILITY G&A LEGAL SERVICES
8,681.60
9,700.00CANVASWORKS INC SEWER UTILITY G&A OTHER IMPROVEMENT SERVICE
9,700.00
349.43CBIZ FINANCIAL SOLUTIONS INC EMPLOYEE FLEX SPEND G&A GENERAL PROFESSIONAL SERVICES
349.43
370.61CDW GOVERNMENT INC TECHNOLOGY REPLACEMENT OFFICE EQUIPMENT
370.61
3,630.63CENTER ENERGY & ENVIRONMENT DISCOUNT LOAN PROGRAM OTHER CONTRACTUAL SERVICES
3,630.63
2,616.47CENTERPOINT ENERGY FACILITY OPERATIONS HEATING GAS
4,332.90WATER UTILITY G&A HEATING GAS
415.57REILLY G & A HEATING GAS
133.34SEWER UTILITY G&A ELECTRIC SERVICE
95.64SEWER UTILITY G&A HEATING GAS
755.31PARK MAINTENANCE G & A HEATING GAS
36.63WESTWOOD G & A HEATING GAS
139.17NATURALIST PROGRAMMER HEATING GAS
8,525.03
12,827.30CENTERPOINT ENERGY SERVICES INC FACILITY OPERATIONS HEATING GAS
10,369.54ENTERPRISE G & A HEATING GAS
23,196.84
136.71CENTURY LINK E-911 PROGRAM REPAIRS
136.71
164.00CHASKA POLICE DEPARTMENT POLICE G & A TRAINING
164.00
37.50CHUX SCREEN PRINTING WATER UTILITY G&A OPERATIONAL SUPPLIES
37.50
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 6
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
6Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
41.60CINTAS CORPORATION FACILITIES MCTE G & A GENERAL SUPPLIES
208.23FACILITIES MCTE G & A OPERATIONAL SUPPLIES
720.35WATER UTILITY G&A OPERATIONAL SUPPLIES
323.92VEHICLE MAINTENANCE G&A OPERATIONAL SUPPLIES
1,294.10
34.23CITIZENS INDEPENDENT BANK GENERAL FUND BALANCE SHEET CLEARING ACCOUNT
8.99ADMINISTRATION G & A OFFICE SUPPLIES
59.49ADMINISTRATION G & A POSTAGE
494.36ADMINISTRATION G & A SEMINARS/CONFERENCES/PRESENTAT
81.64ADMINISTRATION G & A MEETING EXPENSE
28.22HUMAN RESOURCES GENERAL SUPPLIES
319.60HUMAN RESOURCES GENERAL PROFESSIONAL SERVICES
546.93HUMAN RESOURCES ORGANIZATIONAL DEVELOPMENT
500.00HUMAN RESOURCES RECOGNITION
20.30HUMAN RESOURCES MEETING EXPENSE
573.38COMM & MARKETING G & A PRINTING & PUBLISHING
727.04IT G & A GENERAL SUPPLIES
60.00ASSESSING G & A OFFICE SUPPLIES
117.00ASSESSING G & A SUBSCRIPTIONS/MEMBERSHIPS
608.00ASSESSING G & A SEMINARS/CONFERENCES/PRESENTAT
38.00COMM DEV PLANNING G & A TRAINING
899.28GENERAL BUILDING MAINTENANCE BLDG/STRUCTURE SUPPLIES
4.98POLICE G & A SMALL TOOLS
15.07POLICE G & A OTHER CONTRACTUAL SERVICES
225.95POLICE G & A SEMINARS/CONFERENCES/PRESENTAT
36.91POLICE G & A MEETING EXPENSE
42.87OPERATIONSOFFICE SUPPLIES
149.07OPERATIONSGENERAL SUPPLIES
1,053.96OPERATIONSOPERATIONAL SUPPLIES
743.13OPERATIONSTRAINING
2,585.48OPERATIONSSEMINARS/CONFERENCES/PRESENTAT
65.00INSPECTIONS G & A TRAINING
235.00PUBLIC WORKS G & A TRAINING
380.88PUBLIC WORKS G & A MEETING EXPENSE
130.00ENGINEERING G & A CLOTHING AND TOOL ALLOWANCE
705.00ENGINEERING G & A TRAINING
18.40TV PRODUCTION GENERAL SUPPLIES
325.00TV PRODUCTION SUBSCRIPTIONS/MEMBERSHIPS
445.82OUTREACH & PROGRAMMING GENERAL SUPPLIES
439.99GO BONDS-FIRE STATIONS G&A IMPROVEMENTS OTHER THAN BUILDI
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 7
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
7Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
125.75PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
338.10WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
1,313.15SEWER UTILITY G&A OPERATIONAL SUPPLIES
305.00SEWER UTILITY G&A TRAINING
69.98ORGANIZED REC G & A OFFICE SUPPLIES
1,800.00ADULT PROGRAMS GENERAL SUPPLIES
7.39FITNESS PROGRAMS GENERAL SUPPLIES
835.57HOLIDAY PROGRAMS GENERAL SUPPLIES
21.41PARK MAINTENANCE G & A GENERAL SUPPLIES
2,402.91PARK EQUIPMENT MAINTENANCE OTHER IMPROVEMENT SUPPLIES
95.16ENVIRONMENTAL G & A OFFICE SUPPLIES
480.00ENVIRONMENTAL G & A TRAINING
571.11OUTREACHGENERAL SUPPLIES
39.00TREE MAINTENANCE SMALL TOOLS
335.75BEAUTIFICATION / FLOWERS GENERAL SUPPLIES
444.54WESTWOOD G & A GENERAL SUPPLIES
44.14REC CENTER/AQUATIC PARK SAL GENERAL SUPPLIES
20.00REC CENTER/AQUATIC PARK SAL ADVERTISING
462.00REC CENTER/AQUATIC PARK SAL SEMINARS/CONFERENCES/PRESENTAT
32.17REC CENTER BUILDING OPERATIONAL SUPPLIES
241.28INSTRUCTIONAL SKATING LESSONS OPERATIONAL SUPPLIES
22,703.38
19,479.98COLICH & ASSOCIATES ADMINISTRATION G & A LEGAL SERVICES
19,479.98
199.05COMCASTIT G & A DATACOMMUNICATIONS
169.70WATER UTILITY G&A OTHER CONTRACTUAL SERVICES
84.85SEWER UTILITY G&A OTHER CONTRACTUAL SERVICES
453.60
5,754.84COMMERCIAL ASPHALT COMPANY PATCHING-PERMANENT OTHER IMPROVEMENT SUPPLIES
5,754.84
3,006.56COMMUNITY ACTION PARTNERSHIP SUB HENN EMERGENCY REPAIR GRANT OTHER CONTRACTUAL SERVICES
3,006.56
82.38COMPAR INC POLICE G & A OPERATIONAL SUPPLIES
82.38
246.12CONTINENTAL RESEARCH CORP REC CENTER/AQUATIC PARK SAL OPERATIONAL SUPPLIES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 8
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
8Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
246.12
8,158.89CORNERSTONE ADVOCACY SERVICE POLICE G & A OTHER CONTRACTUAL SERVICES
8,158.89
425.00CORONA SOLUTIONS TECHNOLOGY REPLACEMENT OFFICE EQUIPMENT
425.00
171.19CORPORATE CONNECTION WATER UTILITY G&A OPERATIONAL SUPPLIES
171.19
8,386.20COVERALL OF THE TWIN CITIES GENERAL BUILDING MAINTENANCE OTHER CONTRACTUAL SERVICES
8,386.20
1,559.52CREATIVE PRODUCT SOURCING INC - DARE DARE PROGRAM OPERATIONAL SUPPLIES
1,559.52
103.85CREEKSIDE NEIGHBORHOOD ASSOC HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
103.85
26.20CROWN STAMP & ENGRAVING SUPPORT SERVICES G&A OFFICE SUPPLIES
26.20
239.45CUB FOODS POLICE G & A SUBSISTENCE SUPPLIES
239.45
18,529.95CUMMINS NPOWER LLC MUNICIPAL BLDG IMPROVEMENTS OTHER THAN BUILDI
18,529.95
402.86CUSTOM HOSE TECH INC GENERAL FUND BALANCE SHEET INVENTORY
402.86
577.50CUSTOM PRODUCTS & SERVICES SSD 2 G&A OTHER CONTRACTUAL SERVICES
1,306.67SSD #5 G&A OTHER CONTRACTUAL SERVICES
1,884.17
99.00D&T APPLIANCE SERVICE CO OPERATIONS REPAIRS
99.00
390.00DAKOTA SUPPLY GROUP WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
390.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 9
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
9Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
4,214.00DALCO ENTERPRISES INC GENERAL BUILDING MAINTENANCE CLEANING/WASTE REMOVAL SUPPLY
4,214.00
140.00DAVIS, CHAWNITA FACILITY ROOM RENTAL RENT REVENUE
140.00
289.73DELI DOUBLE WESTWOOD G & A CONCESSION SUPPLIES
289.73
949.06DENARO, JAMES HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
949.06
3,822.00DEPT LABOR & INDUSTRY INSPECTIONS G & A DUE TO OTHER GOVTS
3,822.00
336.76DEX MEDIA EAST LLC ENTERPRISE G & A ADVERTISING
336.76
50.60DISCOUNT STEEL INC DAMAGE REPAIR OTHER IMPROVEMENT SUPPLIES
467.00PARK EQUIPMENT MAINTENANCE OTHER IMPROVEMENT SUPPLIES
517.60
352.61DISTRICT COURT ADMINISTRATOR POLICE G & A OPERATIONAL SUPPLIES
352.61
3,000.00DJ ELECTRIC SERVICES INC PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
1,500.00ARENA MAINTENANCE EQUIPMENT MTCE SERVICE
4,500.00
1,143.00DO-GOOD.BIZ INC COMM & MARKETING G & A POSTAGE
10,142.35POSTAL SERVICES POSTAGE
11,285.35
75.00DUBE, JIM INSPECTIONS G & A TRAINING
75.00
524.50ECM PUBLISHERS INC ADMINISTRATION G & A LEGAL NOTICES
1,150.00COMM & MARKETING G & A PRINTING & PUBLISHING
101.08STREET CAPITAL PROJ G & A LEGAL NOTICES
101.08PAVEMENT MANAGEMENT G&A LEGAL NOTICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 10
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
10Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
231.84SEWER UTILITY G&A LEGAL NOTICES
2,108.50
273.75EGAN COMPANIES INC SYSTEM REPAIR OTHER CONTRACTUAL SERVICES
273.75
200.00ELECTRIC PUMP INC PARK EQUIPMENT MAINTENANCE OTHER CONTRACTUAL SERVICES
200.00
303.47ELIOT VIEW NEIGHBORHOOD ASSN HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
303.47
250.00ELLIS, RUTH GREEN REMODELING PROGRAM OTHER CONTRACTUAL SERVICES
250.00
1,765.59ENVIRONMENTAL EQUIPMENT & SERVICES INC GENERAL FUND BALANCE SHEET INVENTORY
1,765.59
3,194.00ESCAPE FIRE PROTECTION LLC FACILITIES MCTE G & A BUILDING MTCE SERVICE
3,194.00
17,012.78ET&T DISTRIBUTORS INC PARK IMPROVE CAPITAL PROJECT OTHER
17,012.78
647.38FACTORY MOTOR PARTS CO GENERAL FUND BALANCE SHEET INVENTORY
31.42GENERAL REPAIR GENERAL SUPPLIES
678.80
5.50FASTENAL COMPANY WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
139.70PARK EQUIPMENT MAINTENANCE GENERAL SUPPLIES
636.71GENERAL REPAIR GENERAL SUPPLIES
781.91
44.24FEINBERG, GREG WESTWOOD G & A MILEAGE-PERSONAL CAR
44.24
269.53FERRELLGASICE RESURFACER MOTOR FUELS
269.53
1,242.00FIRST ADVANTAGE LNS SCREENING SOLUTIONS HUMAN RESOURCES GENERAL PROFESSIONAL SERVICES
1,242.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 11
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
11Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
42,888.00FISCHER BROS LLC PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
42,888.00
2,098.00FLAGSHIP RECREATION LLC PARK EQUIPMENT MAINTENANCE OTHER IMPROVEMENT SUPPLIES
2,098.00
200.00FLEX COMPENSATION INC EMPLOYEE FLEX SPEND G&A GENERAL PROFESSIONAL SERVICES
200.00
1,500.00FLORY, BRIAN ESCROWS PMC ESCROW
1,500.00
139.42FLOYD TOTAL SECURITY FINANCE G & A OTHER CONTRACTUAL SERVICES
139.42
7,000.00FOKINA, IRINA ESCROWS DEMO / BROOKSIDE TRAFFIC
7,000.00
13.28FRATTALLONESGENERAL FUND BALANCE SHEET INVENTORY
23.97WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
37.25
340.06G S DIRECT ENGINEERING G & A GENERAL SUPPLIES
340.06
60.38GARSKE, BETTE HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
60.38
634.00GARTNER REFRIG & MFG INC ARENA MAINTENANCE EQUIPMENT MTCE SERVICE
634.00
275.00GAS TANK RENU/RADIATOR WEST GENERAL REPAIR EQUIPMENT MTCE SERVICE
275.00
4,793.06GEAR WASH LLC OPERATIONS OPERATIONAL SUPPLIES
4,793.06
200.00GIRL SCOUT TROOP 10214 ENVIRONMENTAL G & A LANDSCAPING MATERIALS
200.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 12
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
12Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
4,078.86GLTC PREMIUM PAYMENTS EMPLOYEE FLEXIBLE SPENDING B/S LONG TERM CARE INSUR
4,078.86
2,500.00GONYEA HOMES ESCROWS DEMO / BROOKSIDE TRAFFIC
2,500.00
1,750.00GONZALEZ-BAEZ, WENDY NEIGHBORHOOD PUBLIC ART OTHER CONTRACTUAL SERVICES
1,750.00
660.00GOODPOINTE TECHNOLOGY INC PAVEMENT MANAGEMENT G&A GENERAL PROFESSIONAL SERVICES
660.00
1,079.10GOPHER STATE ONE-CALL INC WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
1,079.10
765.96GOTHBERG, BRIDGET HEALTH IN THE PARK INITIATIVE SEMINARS/CONFERENCES/PRESENTAT
765.96
136.34GRAINGER INC, WW GENERAL FUND BALANCE SHEET INVENTORY
136.34
3,200.00GRIMES DESIGN WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
3,200.00
2,155.00GROTH SEWER & WATER WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
2,155.00
456.96GROUP HEALTH INC - WORKSITE EMPLOYEE FLEX SPEND G&A HEALTH INSURANCE
456.96
193.00GUILDARTARENA MAINTENANCE GENERAL SUPPLIES
193.00
705.76HACH CO WATER UTILITY G&A GENERAL SUPPLIES
705.76
1,500.00HALLQUIST, WILLIAM PERFORMING ARTS OTHER CONTRACTUAL SERVICES
1,500.00
204.00HAMILTON, MIKE SOFTBALL OTHER CONTRACTUAL SERVICES
204.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 13
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
13Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
1,175.90HAMMEL GREEN & ABRAHAMSON INC PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
1,175.90
11,442.27HAWKINS INC WATER UTILITY G&A OPERATIONAL SUPPLIES
3,714.24AQUATIC PARK BUDGET OPERATIONAL SUPPLIES
15,156.51
1,017.00HCI CHEMTEC INC PARK GROUNDS MAINTENANCE OTHER IMPROVEMENT SUPPLIES
1,017.00
383.66HEARTLAND SERVICES INC TECHNOLOGY REPLACEMENT EQUIPMENT MTCE SERVICE
383.66
318.00HEDBERG AGGREGATES STORM WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
159.90WESTWOOD G & A GENERAL SUPPLIES
477.90
637.50HENDERSON, TRACY SOFTBALL OTHER CONTRACTUAL SERVICES
637.50
50.00HENDRICKSON, MICHAEL INSPECTIONS G & A PLUMBING
50.00
86.00HENNEPIN COUNTY TAXPAYER SERVICES ASSESSING G & A SUBSCRIPTIONS/MEMBERSHIPS
86.00
500.00HENNEPIN COUNTY TREASURER IT G & A COMPUTER SERVICES
1,923.90POLICE G & A EQUIPMENT MTCE SERVICE
12,407.45POLICE G & A SUBSISTENCE SERVICE
660.00OPERATIONSOPERATIONAL SUPPLIES
1,367.10OPERATIONSRADIO COMMUNICATIONS
63.90OPERATIONSEMERGENCY PREPAREDNESS
410.46PARK MAINTENANCE G & A GARBAGE/REFUSE SERVICE
17,332.81
1,410.60HILL CO, ROBERT B GENERAL BUILDING MAINTENANCE GENERAL SUPPLIES
1,410.60
16,000.00HOLLYWOOD PYROTECHNICS INC HOLIDAY PROGRAMS OTHER CONTRACTUAL SERVICES
16,000.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 14
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
14Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
200.64HOME DEPOT CREDIT SERVICES GENERAL BUILDING MAINTENANCE GENERAL SUPPLIES
44.52DAMAGE REPAIR SMALL TOOLS
9.85DAMAGE REPAIR OTHER IMPROVEMENT SUPPLIES
49.88INSTALLATIONOTHER IMPROVEMENT SUPPLIES
98.61WATER UTILITY G&A OTHER
195.80SEWER UTILITY G&A OTHER
115.02PARK MAINTENANCE G & A GENERAL SUPPLIES
116.82PARK GROUNDS MAINTENANCE GENERAL SUPPLIES
103.76REFORESTATIONGENERAL SUPPLIES
100.73BEAUTIFICATION / FLOWERS GENERAL SUPPLIES
203.70BEAUTIFICATION / FLOWERS LANDSCAPING MATERIALS
208.18REC CENTER BUILDING GENERAL SUPPLIES
1,447.51
97.27HOME DEPOT CREDIT SRVCS PARK IMPROVE CAPITAL PROJECT YARD WASTE SERVICE
406.10PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
503.37
115.92HOPPE, MARK ASSESSING G & A MILEAGE-PERSONAL CAR
115.92
5,043.00HORIZON COMMERCIAL POOL SUPPLY PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
5,043.00
600.00HRGREENTECHNOLOGY REPLACEMENT POLICE EQUIPMENT
600.00
173.25HUBER UNIVERSAL SERVICES LLC SPEC ASSMT CONSTRUCTION OTHER CONTRACTUAL SERVICES
173.25
1,632.55I.U.O.E. LOCAL NO 49 EMPLOYEE FLEXIBLE SPENDING B/S UNION DUES
1,632.55
204.00IAEIINSPECTIONS G & A SUBSCRIPTIONS/MEMBERSHIPS
204.00
191.25IDEAL SERVICE INC WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
191.25
495.00IFP TEST SERVICES HUMAN RESOURCES RECRUITMENT
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 15
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
15Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
495.00
1,086.99IMPACT PROVEN SOLUTIONS WATER UTILITY G&A POSTAGE
1,086.99SEWER UTILITY G&A POSTAGE
1,087.00SOLID WASTE COLLECTIONS POSTAGE
1,087.00STORM WATER UTILITY G&A POSTAGE
4,347.98
12.40INDELCOWATER UTILITY G&A EQUIPMENT MTCE SERVICE
12.40
285.00INDEPENDENT BLACK DIRT CO WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
855.00PARK GROUNDS MAINTENANCE BLDG/STRUCTURE SUPPLIES
1,140.00
39,773.89INFRASTRUCTURE TECH INC STORM WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
39,773.89
2,277.51INTEGRA TELECOM IT G & A TELEPHONE
2,277.51
142.75INTOXIMETERS INC POLICE G & A OPERATIONAL SUPPLIES
142.75
488.01INVER GROVE FORD GENERAL FUND BALANCE SHEET INVENTORY
573.15VEHICLE MAINTENANCE G&A EQUIPMENT MTCE SERVICE
68.82GENERAL REPAIR GENERAL SUPPLIES
1,129.98
140.98I-STATE TRUCK CENTER GENERAL FUND BALANCE SHEET INVENTORY
140.98
507.14J & F REDDY RENTS ADMINISTRATION G & A RENTAL EQUIPMENT
507.14
1,683.36JASMER, JERRY EMPLOYEE FLEX SPEND G&A TUITION
1,683.36
2,280.00JEFFERSON FIRE & SAFETY INC OPERATIONS GENERAL SUPPLIES
245.87OPERATIONSOPERATIONAL SUPPLIES
2,525.87
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 16
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
16Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
23.36JERRY'S HARDWARE WATER UTILITY G&A GENERAL SUPPLIES
43.22PARK MAINTENANCE G & A GENERAL SUPPLIES
23.38ENVIRONMENTAL G & A GENERAL SUPPLIES
50.36ENVIRONMENTAL G & A OTHER IMPROVEMENT SUPPLIES
140.32
72.71JOHN HENRY FOSTER MN WATER UTILITY G&A EQUIPMENT MTCE SERVICE
72.71
947.58JOHNSON, CARRIELEA EMPLOYEE FLEX SPEND G&A TUITION
947.58
48.60JZ ELECTRIC INSPECTIONS G & A ELECTRICAL
48.60
1,500.00KARALIS, GEORGE ESCROWS PMC ESCROW
1,500.00
503.08KELLER, JASMINE Z EMPLOYEE FLEXIBLE SPENDING B/S WAGE GARNISHMENTS
503.08
4.00KELLEY, RYAN COMM DEV PLANNING G & A MEETING EXPENSE
24.36COMM DEV PLANNING G & A MILEAGE-PERSONAL CAR
28.36
540.00KIDCAPERS PORTRAITS OPERATIONS GENERAL PROFESSIONAL SERVICES
540.00
40.00KOERING, STEVE OPERATIONS SEMINARS/CONFERENCES/PRESENTAT
40.00
2,619.00KOVAL APPLIANCE CO PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
2,619.00
589.95KREMER SERVICES LLC VEHICLE MAINTENANCE G&A EQUIPMENT MTCE SERVICE
589.95
515.00KROOG, RACHAEL ENVIRONMENTAL G & A OTHER CONTRACTUAL SERVICES
515.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 17
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
17Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
1,109.63KRUELLE, BRYAN EMPLOYEE FLEX SPEND G&A TUITION
1,109.63
182.24KRUGE-AIR INC BLDG/GROUNDS OPS & MAINT BUILDING MTCE SERVICE
182.24
102.00KUBES, JON SOFTBALL OTHER CONTRACTUAL SERVICES
102.00
34.00LAKES GAS CO WATER UTILITY G&A OPERATIONAL SUPPLIES
34.00
48.91LANO EQUIPMENT INC GENERAL FUND BALANCE SHEET INVENTORY
48.91
1,096.58LARSCO INC WATER UTILITY G&A EQUIPMENT MTCE SERVICE
1,096.58
2,081.24LARSON, JH CO SYSTEM REPAIR OTHER IMPROVEMENT SUPPLIES
2,081.24
150.00LASHLEY, PATRICK & KATHRYN ESCROWS PMC ESCROW
150.00
474.53LAURIN, JOSEPH PUBLIC WORKS OPS G & A SEMINARS/CONFERENCES/PRESENTAT
474.53
2,430.00LAW ENFORCEMENT LABOR SERVICES INC EMPLOYEE FLEXIBLE SPENDING B/S UNION DUES
2,430.00
569.43LAWSON PRODUCTS INC GENERAL REPAIR GENERAL SUPPLIES
569.43
12,180.00LEAGUE OF MINNESOTA CITIES EMPLOYEE FLEX SPEND G&A League of MN Cities dept'l exp
12,180.00
125.00LEAGUE OF MN CITIES INSPECTIONS G & A TRAINING
125.00
135,152.75LEAGUE OF MN CITIES INSURANCE TRUST EMPLOYEE FLEX SPEND G&A League of MN Cities dept'l exp
112,368.25UNINSURED LOSS B/S PREPAID EXPENSES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 18
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
18Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
2,580.86UNINSURED LOSS G&A UNINSURED LOSS
250,101.86
1,587.50LEARNING JOURNEYS COMM DEV PLANNING G & A TRAINING
1,587.50
220.00LEHMAN, DAN INSPECTIONS G & A CERTIFICATE OF COMPLIANCE
220.00
600.00LEICA GEOSYSTEMS INC ENGINEERING G & A SUBSCRIPTIONS/MEMBERSHIPS
600.00
173.75LIBERTY TIRE RECYCLING LLC VEHICLE MAINTENANCE G&A CLEANING/WASTE REMOVAL SERVICE
173.75
7.00LITIN PAPER, PACKAGING & CONVERTING SOLID WASTE G&A DELIVERY
7.00
205.83LITTLE FALLS MACHINE INC GENERAL FUND BALANCE SHEET INVENTORY
205.83
7,019.06LOCKRIDGE GRINDAL NAUEN PLLP REILLY G & A LEGAL SERVICES
7,019.06
1,654.16LOFFLER COMPANIES IT G & A EQUIPMENT MTCE SERVICE
1,654.16
118.56LUBRICATION TECHNOLOGIES INC WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
118.56
53.20LYNCH, DEBRA ASSESSING G & A MILEAGE-PERSONAL CAR
53.20
2,523.00MAACO AUTO PAINTING UNINSURED LOSS G&A UNINSURED LOSS
2,523.00
96.35MACQUEEN EQUIP CO GENERAL FUND BALANCE SHEET INVENTORY
762.94UNINSURED LOSS G&A UNINSURED LOSS
859.29
828.80MALONE, DANIEL ATHLETIC CAMPS OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 19
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
19Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
828.80
12,425.44MANSFIELD OIL COMPANY GENERAL FUND BALANCE SHEET INVENTORY
12,425.44
72.03MATHESON TRI-GAS INC VEHICLE MAINTENANCE G&A GENERAL SUPPLIES
72.03
500.00MCCHESNEY, CHARLIE SOFTBALL OTHER CONTRACTUAL SERVICES
500.00
47,614.36-MCCROSSAN INC, C S STREET CAPITAL PROJ BAL SHEET RETAINED PERCENTAGE
952,287.19CONSTRUCTION MATERIAL OTHER CONTRACTUAL SERVICES
904,672.83
80.00MCDOWELL, SHELIA INSPECTIONS G & A BUILDING
80.00
70.00MCFOAADMINISTRATION G & A SUBSCRIPTIONS/MEMBERSHIPS
70.00
19.94MENARDSDAMAGE REPAIR GENERAL SUPPLIES
4.29SYSTEM REPAIR OTHER IMPROVEMENT SUPPLIES
17.59PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
373.76PARK IMPROVE CAPITAL PROJECT IMPROVEMENTS OTHER THAN BUILDI
934.99PARK EQUIPMENT MAINTENANCE OTHER IMPROVEMENT SUPPLIES
14.70ENVIRONMENTAL G & A LANDSCAPING MATERIALS
56.16WESTWOOD G & A GENERAL SUPPLIES
179.88WESTWOOD G & A OTHER IMPROVEMENT SUPPLIES
1,601.31
992.64METERING & TECHNOLOGY SOLUTIONS WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
992.64
262.87METHODIST HOSPITAL SEWER UTILITY G&A GENERAL CUSTOMERS
262.87
199.50METRO VOLLEYBALL OFFICIALS VOLLEYBALL OTHER CONTRACTUAL SERVICES
199.50
7,380.45METROPOLITAN COUNCIL INSPECTIONS G & A DUE TO OTHER GOVTS
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 20
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
20Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
2,450.00WATER UTILITY G&A CLEANING/WASTE REMOVAL SERVICE
1,250.00REILLY BUDGET CLEANING/WASTE REMOVAL SERVICE
299,953.92SEWER UTILITY BALANCE SHEET PREPAID EXPENSES
1,380.00STORM WATER UTILITY G&A OTHER CONTRACTUAL SERVICES
312,414.37
69.95MICRO CENTER PUBLIC WORKS G & A GENERAL SUPPLIES
69.95
5.00MIDLAND HEATING & AIR CONDITIONING INSPECTIONS G & A STATE SURCHARGE PAYABLE
65.00INSPECTIONS G & A MECHANICAL
70.00
503.29MILLNER, GOTTFRIED WATER UTILITY G&A GENERAL CUSTOMERS
503.29
1,139.74MINIKAHDA VISTA NEIGHBORHOOD ASSN HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
1,139.74
510.30MINNEAPOLIS FINANCE DEPT PAWN FEES OTHER CONTRACTUAL SERVICES
510.30
129.07MINNESOTA BENEFIT ASSOC EMPLOYEE FLEXIBLE SPENDING B/S ACCRUED OTHER BENEFITS
129.07
1,250.00MINNESOTA CIT OFFICER'S ASSN POLICE G & A TRAINING
1,250.00
30.00MINNESOTA ICE ARENA MGRS ASSOC ARENA MAINTENANCE SEMINARS/CONFERENCES/PRESENTAT
30.00
16.00MINNESOTA NCPERS LIFE INS EMPLOYEE FLEXIBLE SPENDING B/S ACCRUED OTHER BENEFITS
16.00
45.00MINNESOTA POLLUTION CONTROL AGENCY SEWER UTILITY G&A SEMINARS/CONFERENCES/PRESENTAT
45.00
50.00MINNESOTA STATE FIRE CHIEFS ASSOC. OPERATIONS FIRE PREVENTION SUPPLIES
50.00
52.18MINNESOTA WANNER COMPANY GENERAL FUND BALANCE SHEET INVENTORY
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 21
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
21Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
52.18
225.00MINT CONDITION DETAILING GENERAL REPAIR EQUIPMENT MTCE SERVICE
225.00
956.42MINUTEMAN PRESS SUPPORT SERVICES G&A OFFICE SUPPLIES
956.42
4,000.00MOBIUS INC HEALTH IN THE PARK INITIATIVE OTHER CONTRACTUAL SERVICES
4,000.00
54.75MONSON, DARLA ADMINISTRATION G & A MEETING EXPENSE
54.75
2,892.20M-R SIGN CO INC FABRICATION OTHER IMPROVEMENT SUPPLIES
2,892.20
158.00MRPAORGANIZED REC G & A MEETING EXPENSE
158.00
29,506.50MTI DISTRIBUTING CO GENERAL FUND BALANCE SHEET INVENTORY
29,506.50
750.50MVTL LABORATORIES REILLY BUDGET OTHER CONTRACTUAL SERVICES
750.50
1,099.98NAPA (GENUINE PARTS CO)GENERAL FUND BALANCE SHEET INVENTORY
4.72GENERAL BUILDING MAINTENANCE BLDG/STRUCTURE SUPPLIES
16.59OPERATIONSGENERAL SUPPLIES
11.60INSTALLATIONOTHER IMPROVEMENT SUPPLIES
95.77WATER UTILITY G&A EQUIPMENT PARTS
3.96PARK MAINTENANCE G & A GENERAL SUPPLIES
269.00PARK GROUNDS MAINTENANCE GENERAL SUPPLIES
84.67GENERAL REPAIR GENERAL SUPPLIES
1,586.29
600.00NATIVE PLANT NURSERY INC BEAUTIFICATION / FLOWERS LANDSCAPING MATERIALS
600.00
1,733.00NATURAL REFLECTIONS VII LLC SSD 1 G&A OTHER CONTRACTUAL SERVICES
1,850.00SSD 2 G&A OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 22
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
22Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
525.00SSD 3 G&A OTHER CONTRACTUAL SERVICES
493.00SSD #4 G&A OTHER CONTRACTUAL SERVICES
645.75SSD #5 G&A OTHER CONTRACTUAL SERVICES
5,246.75
1,500.00NELSON COACHING INC, SCOTT HUMAN RESOURCES ORGANIZATIONAL DEVELOPMENT
1,500.00
5,086.41NEXTEL COMMUNICATIONS CELLPHONES, IPADS, ETC.OFFICE EQUIPMENT
5,086.41
225.00NGUYEN ARCHITECTS MOVE-UP PROGRAM OTHER CONTRACTUAL SERVICES
225.00
185.00NIGPVEHICLE MAINTENANCE G&A SUBSCRIPTIONS/MEMBERSHIPS
185.00
2,500.00NITTI ROLLOFF SERVICES ESCROWS DEMO / BROOKSIDE TRAFFIC
2,500.00
359.90NOKOMIS SHOE SHOP WATER UTILITY G&A OPERATIONAL SUPPLIES
179.95REC CENTER/AQUATIC PARK SAL OPERATIONAL SUPPLIES
539.85
6,976.88NORTHEAST TREE INC TREE MAINTENANCE OTHER CONTRACTUAL SERVICES
6,976.88
67.52NORTHERN AIRE SWIMMING POOLS SPLASH PAD MAINT - Oak Hill Pk GENERAL SUPPLIES
67.52
9,500.00NORTHERN STAR JUVENILE DIVERSION POLICE G & A OTHER CONTRACTUAL SERVICES
9,500.00
474.00NORTHERN STATES SUPPLY INC MUNICIPAL BLDG IMPROVEMENTS OTHER THAN BUILDI
474.00
92.46OFFICE DEPOT ADMINISTRATION G & A OFFICE SUPPLIES
121.20ADMINISTRATION G & A GENERAL SUPPLIES
46.80HUMAN RESOURCES OFFICE SUPPLIES
77.11FINANCE G & A OFFICE SUPPLIES
80.62GENERAL INFORMATION OFFICE SUPPLIES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 23
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
23Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
1,238.15GENERAL BUILDING MAINTENANCE OTHER
194.49POLICE G & A OFFICE SUPPLIES
439.39INSPECTIONS G & A GENERAL SUPPLIES
35.05PUBLIC WORKS G & A OFFICE SUPPLIES
3.14HOUSING REHAB G & A OFFICE SUPPLIES
52.80ORGANIZED REC G & A OFFICE SUPPLIES
2,381.21
71.93OLSEN CHAIN & CABLE CO INC INSTALLATION SMALL TOOLS
227.60WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
299.53
803.41OLSON, JEAN HEALTH IN THE PARK INITIATIVE SEMINARS/CONFERENCES/PRESENTAT
71.13HEALTH IN THE PARK INITIATIVE MEETING EXPENSE
874.54
450.00OLSON, MARNEY MOVE-UP PROGRAM GENERAL SUPPLIES
294.00MOVE-UP PROGRAM TRAVEL/MEETINGS
19.25MOVE-UP PROGRAM MEETING EXPENSE
763.25
525.57ON SITE SANITATION PORTABLE TOILETS/FIELD MAINT OTHER CONTRACTUAL SERVICES
50.01OPENOTHER CONTRACTUAL SERVICES
98.01OFF-LEASH DOG PARK OTHER CONTRACTUAL SERVICES
130.01WESTWOOD G & A OTHER CONTRACTUAL SERVICES
803.60
97.61O'REILLY AUTO PARTS GENERAL FUND BALANCE SHEET INVENTORY
97.61
1,230.00OSTVIG TREE INC REFORESTATION OTHER CONTRACTUAL SERVICES
1,230.00
3,570.00OUT BACK NURSERY TREE REPLACEMENT TREE REPLACEMENT
3,570.00
436.45OVERHEAD DOOR CO FACILITIES MCTE G & A BLDG/STRUCTURE SUPPLIES
436.45
286.55PAINTERS GEAR INC PAINTING OTHER IMPROVEMENT SUPPLIES
286.55
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 24
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
24Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
988.80PARKER, JON EMPLOYEE FLEX SPEND G&A TUITION
988.80
299.00PARSONS ELECTRIC TECHNOLOGY REPLACEMENT OFFICE EQUIPMENT
299.00
145.00PERFECT EXTERIORS INSPECTIONS G & A BUILDING
145.00
225.00PETRIE, SARA GREEN REMODELING PROGRAM OTHER CONTRACTUAL SERVICES
225.00
2,650.00PETTY CASH GENERAL FUND BALANCE SHEET PETTY
33.04ADMINISTRATION G & A MILEAGE-PERSONAL CAR
16.00HUMAN RESOURCES TRAINING
33.60HEALTH IN THE PARK INITIATIVE SEMINARS/CONFERENCES/PRESENTAT
25.00HEALTH IN THE PARK INITIATIVE TRAVEL/MEETINGS
1.83IT G & A POSTAGE
11.20IT G & A MILEAGE-PERSONAL CAR
25.00ASSESSING G & A SUBSCRIPTIONS/MEMBERSHIPS
25.00POLICE G & A MOTOR FUELS
10.47POLICE G & A MEETING EXPENSE
10.50NEIGHBORHOOD OUTREACH OPERATIONAL SUPPLIES
32.50DWI ENFORCEMENT LICENSES
7.28OPERATIONSMILEAGE-PERSONAL CAR
33.06INSPECTIONS G & A GENERAL SUPPLIES
7.31INSPECTIONS G & A TRAINING
14.50INSPECTIONS G & A MEETING EXPENSE
6.63PUBLIC WORKS G & A GENERAL SUPPLIES
30.00PUBLIC WORKS G & A SEMINARS/CONFERENCES/PRESENTAT
51.89PUBLIC WORKS G & A MEETING EXPENSE
19.00PUBLIC WORKS OPS G & A LICENSES
10.28MOVE-UP PROGRAM OFFICE SUPPLIES
5.40WATER UTILITY G&A GENERAL SUPPLIES
77.27WATER UTILITY G&A OTHER CONTRACTUAL SERVICES
32.09WATER UTILITY G&A TRAINING
13.97SOLID WASTE G&A GENERAL SUPPLIES
48.00VEHICLE MAINTENANCE G&A LICENSES
2.18GENERAL REPAIR GENERAL SUPPLIES
3,233.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 25
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
25Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
15.00PETTY CASH - WWNC COMM & MARKETING G & A PRINTING & PUBLISHING
56.08WESTWOOD G & A GENERAL SUPPLIES
13.44WESTWOOD G & A MILEAGE-PERSONAL CAR
84.52
3,512.99PHILIP'S TREE CARE INC ROUTINE MAINTENANCE OTHER CONTRACTUAL SERVICES
312.00PARK GROUNDS MAINTENANCE OTHER CONTRACTUAL SERVICES
3,824.99
74.12PHIMISTER, MEGHAN HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
74.12
122.44PIONEER RIM & WHEEL CO GENERAL FUND BALANCE SHEET INVENTORY
122.44
66.00PIVEC, MICHAEL INSPECTIONS G & A LICENSES
66.00
532.35PLANTRA INC REFORESTATION FUND OTHER CONTRACTUAL SERVICES
532.35
1,224.13POMP'S TIRE SERVICE INC GENERAL FUND BALANCE SHEET INVENTORY
1,224.13
286.80POPP.COM INC PARK MAINTENANCE G & A TELEPHONE
286.80
103.00PRAIRIE RESTORATIONS INC INVASIVE PLANT MGMT/RESTORATIO LANDSCAPING MATERIALS
103.00
415.34PRECISE MRM LLC PUBLIC WORKS OPS G & A TELEPHONE
415.33WATER UTILITY G&A TELEPHONE
415.33SEWER UTILITY G&A TELEPHONE
415.32STORM WATER UTILITY G&A TELEPHONE
1,661.32
118.00PRECISION LANDSCAPE & TREE TREE DISEASE PUBLIC CLEANING/WASTE REMOVAL SERVICE
118.00
56.00PRESSWRITE PRINTING INC IT G & A OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 26
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
26Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
56.00
144.00PRINTERS SERVICE INC ARENA MAINTENANCE EQUIPMENT MTCE SERVICE
144.00
430.50Q3 CONTRACTING SEWER UTILITY G&A OTHER IMPROVEMENT SERVICE
458.25STORM WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
888.75
30.30QUICKSILVER EXPRESS COURIER ADMINISTRATION G & A POSTAGE
29.07VEHICLE MAINTENANCE G&A POSTAGE
59.37
20.02RACETTE, MARY KAY HEALTH IN THE PARK INITIATIVE OFFICE SUPPLIES
20.02
2,954.88RANDY'S SANITATION INC FACILITY OPERATIONS GARBAGE/REFUSE SERVICE
1,307.23REC CENTER BUILDING GARBAGE/REFUSE SERVICE
4,262.11
31.60REGENCY OFFICE PRODUCTS LLC POLICE G & A OFFICE SUPPLIES
31.60
5,000.00RESKIN, PHIL ESCROWS DEMO / BROOKSIDE TRAFFIC
5,000.00
6,114.86RICOH USA INC IT G & A EQUIPMENT MTCE SERVICE
6,114.86
52.54RIGID HITCH INC GENERAL FUND BALANCE SHEET INVENTORY
52.54
4,048.53RMR SERVICES WATER UTILITY G&A OTHER CONTRACTUAL SERVICES
4,048.53
229.60ROSA, NATE ORGANIZED REC G & A MILEAGE-PERSONAL CAR
229.60
96.00ROSENBAUER MINNESOTA LLC GENERAL FUND BALANCE SHEET INVENTORY
96.00
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 27
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
27Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
234.29SAFE-FAST INC WATER UTILITY G&A OPERATIONAL SUPPLIES
234.29
39.95SAFELITE FULFILLMENT INC GENERAL REPAIR EQUIPMENT MTCE SERVICE
39.95
5.52SAM'S CLUB ORGANIZED REC G & A INTEREST/FINANCE CHARGES
311.56HOLIDAY PROGRAMS GENERAL SUPPLIES
317.08
875.00SAVATREETREE DISEASE PRIVATE CLEANING/WASTE REMOVAL SERVICE
875.00
184.00SCHAAKE COMPANY, AJ ADMINISTRATION G & A MEETING EXPENSE
184.00
29.98SCHERER BROS. LUMBER CO.PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
106.93PARK EQUIPMENT MAINTENANCE GENERAL SUPPLIES
136.91
1,979.76SCHINDLER ELEVATOR CORP FACILITIES MCTE G & A OTHER CONTRACTUAL SERVICES
1,979.76
7,200.00SCHMITZ CONSTRUCTION CO LLC, J P WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
7,200.00
58,014.41SEHSTREET CAPITAL PROJ G & A GENERAL PROFESSIONAL SERVICES
58,014.41
7,000.00SENEVIRATNE, SHEREEN LEONTIA ESCROWS PMC ESCROW
7,000.00
450.00SHELTER ARCHITECTURE + DESIGN MOVE-UP PROGRAM OTHER CONTRACTUAL SERVICES
450.00
199.65SHERWIN-WILLIAMS CO GRAFFITI CONTROL OTHER IMPROVEMENT SUPPLIES
199.65
11.25SHRED-IT USA MINNEAPOLIS ADMINISTRATION G & A GENERAL PROFESSIONAL SERVICES
10.00FINANCE G & A GENERAL PROFESSIONAL SERVICES
67.50POLICE G & A OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 28
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
28Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
11.25INSPECTIONS G & A GENERAL PROFESSIONAL SERVICES
11.25WATER UTILITY G&A GENERAL PROFESSIONAL SERVICES
11.25PARK AND REC G&A GENERAL PROFESSIONAL SERVICES
122.50
518.00SIGN PRODUCERS INC FACILITIES MCTE G & A GENERAL SUPPLIES
518.00
641.00SIMPLEXGRINNELL LP REC CENTER BUILDING OTHER CONTRACTUAL SERVICES
641.00
90.00SKALLET, DAVID INSPECTIONS G & A LICENSES
90.00
14.84SKB ENVIRONMENTAL ROUTINE MAINTENANCE CLEANING/WASTE REMOVAL SUPPLY
14.84
1,487.67SLP FF ASSOC IAFF LOCAL #993 EMPLOYEE FLEXIBLE SPENDING B/S UNION DUES
1,487.67
1,000.00SMP PRODUCTIONS PERFORMING ARTS OTHER CONTRACTUAL SERVICES
1,000.00
245.00SNYDER ELECTRIC PARK EQUIPMENT MAINTENANCE OTHER CONTRACTUAL SERVICES
245.00
7,425.00SOURCE WATER SOLUTIONS LLC WATER UTILITY G&A GENERAL PROFESSIONAL SERVICES
7,425.00
2,082.94SPRINTIT G & A DATACOMMUNICATIONS
2,082.94
222.66SPS COMPANIES INC SEWER UTILITY G&A IMPROVEMENTS OTHER THAN BUILDI
121.72PARK BUILDING MAINTENANCE BLDG/STRUCTURE SUPPLIES
30.82SPLASH PAD MAINT - Oak Hill Pk GENERAL SUPPLIES
375.20
172.90STAR TRIBUNE ADMINISTRATION G & A SUBSCRIPTIONS/MEMBERSHIPS
172.90
200.00STAVER, KATRINA GREEN REMODELING PROGRAM OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 29
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
29Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
200.00
558.10STONEBROOKE EQUIPMENT INC GENERAL FUND BALANCE SHEET INVENTORY
558.10
1,000.00STRAATE, SAMUEL ESCROWS PMC ESCROW
1,000.00
153.93STREICHER'S GENERAL FUND BALANCE SHEET INVENTORY
51.99POLICE G & A POLICE EQUIPMENT
84.98ERUOPERATIONAL SUPPLIES
29.99WATER UTILITY G&A SMALL TOOLS
320.89
1,923.74SUBURBAN TIRE WHOLESALE GENERAL FUND BALANCE SHEET INVENTORY
1,923.74
23,234.52SUMMIT ENVIROSOLUTIONS INC REILLY BUDGET GENERAL PROFESSIONAL SERVICES
23,234.52
92.19TAHR INC WATER UTILITY G&A GENERAL CUSTOMERS
92.19
14.08TARGET BANK POLICE G & A TRAINING
14.08
178.02TELELANGUAGE INC ADMINISTRATION G & A OTHER CONTRACTUAL SERVICES
178.02
18.27TERMINAL SUPPLY CO GENERAL FUND BALANCE SHEET INVENTORY
39.44VEHICLE MAINTENANCE G&A GENERAL SUPPLIES
2.64GENERAL REPAIR GENERAL SUPPLIES
60.35
104.06TERMINIX INT REC CENTER BUILDING BUILDING MTCE SERVICE
104.06
400.00TERRAMAX INC PARK GROUNDS MAINTENANCE OTHER IMPROVEMENT SUPPLIES
400.00
48.00TEXA TONKA TAILORING OPERATIONS GENERAL SUPPLIES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 30
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
30Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
48.00
3,111.33THE HARTFORD - PRIORITY ACCOUNTS EMPLOYEE FLEX SPEND G&A LONG TERM DISABILITY
3,111.33
138.92THOMSON REUTERS WEST PAYMENT CENTER SUPPORT SERVICES OTHER CONTRACTUAL SERVICES
138.92
720.50TIMESAVER OFF SITE SECRETARIAL ADMINISTRATION G & A OTHER CONTRACTUAL SERVICES
720.50
2,458.20TOWMASTERGENERAL FUND BALANCE SHEET INVENTORY
2,458.20
2,950.00TOWN & COUNTRY FENCE INC SOLID WASTE G&A OTHER
2,950.00
1,346.88TRANSMISSION SHOP INC GENERAL REPAIR EQUIPMENT MTCE SERVICE
1,346.88
3,502.00TRANSPORT GRAPHICS GENERAL FUND BALANCE SHEET INVENTORY
3,502.00
12,825.00TRI STATE BOBCAT GENERAL FUND BALANCE SHEET INVENTORY
12,825.00
164.05TURFWERKSGENERAL FUND BALANCE SHEET INVENTORY
164.05
8,750.00TWIN CITIES PUBLIC TELEVISION HEALTH IN THE PARK INITIATIVE OTHER CONTRACTUAL SERVICES
8,750.00
1,290.65TWIN CITY OUTDOOR SERVICES INC SNOW PLOWING OTHER CONTRACTUAL SERVICES
3,858.75SSD 1 G&A OTHER CONTRACTUAL SERVICES
1,375.50SSD 3 G&A OTHER CONTRACTUAL SERVICES
6,524.90
579.00TWIN WEST CHAMBER OF COMMERCE ADMINISTRATION G & A SUBSCRIPTIONS/MEMBERSHIPS
579.00
29,788.50UHL CO INC PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 31
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
31Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
16,380.75TECHNOLOGY REPLACEMENT OFFICE EQUIPMENT
17,413.75MUNICIPAL BLDG IMPROVEMENTS OTHER THAN BUILDI
63,583.00
3,196.90UNIFORMS UNLIMITED (PD)POLICE G & A POLICE EQUIPMENT
924.99SUPERVISORYOPERATIONAL SUPPLIES
542.47PATROLOPERATIONAL SUPPLIES
287.95COMMUNITY SERVICE OFFICER OPERATIONAL SUPPLIES
4,952.31
300.00UNITED STATES TREASURY EMPLOYEE FLEXIBLE SPENDING B/S WAGE GARNISHMENTS
300.00
260.00UNITED WAY OF MINNEAPOLIS AREA EMPLOYEE FLEXIBLE SPENDING B/S UNITED WAY
260.00
424.32UNZE, EILEEN HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
424.32
128.41UPS STORE VEHICLE MAINTENANCE G&A POSTAGE
128.41
2,500.00URBAN COMPANIES ESCROWS DEMO / BROOKSIDE TRAFFIC
2,500.00
20.00US HEALTH WORKS MEDICAL GROUP HUMAN RESOURCES GENERAL PROFESSIONAL SERVICES
295.00HUMAN RESOURCES RECRUITMENT
315.00
1,557.74USA BLUE BOOK WATER UTILITY G&A OTHER IMPROVEMENT SUPPLIES
1,088.14SEWER UTILITY G&A OTHER
2,645.88
24.36VAUGHAN, JIM ENVIRONMENTAL G & A OTHER IMPROVEMENT SUPPLIES
179.20ENVIRONMENTAL G & A MILEAGE-PERSONAL CAR
203.56
50.04VERIZON WIRELESS SEWER UTILITY G&A TELEPHONE
3,383.33CELLPHONES, IPADS, ETC.OFFICE EQUIPMENT
74.40CELLPHONES, IPADS, ETC.TELEPHONE
3,507.77
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 32
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2LOGIS400
32Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
250.54VIKING ELECTRIC SUPPLY PARK IMPROVE CAPITAL PROJECT OTHER CONTRACTUAL SERVICES
250.54
873.86VIKING INDUSTRIAL CTR ROUTINE MAINTENANCE OPERATIONAL SUPPLIES
2,249.73WATER UTILITY G&A OPERATIONAL SUPPLIES
3,123.59
718.00WARNING LITES OF MN INC SYSTEM REPAIR OTHER IMPROVEMENT SUPPLIES
718.00
2,893.80WATER CONSERVATION SERVICE INC WATER UTILITY G&A OTHER IMPROVEMENT SERVICE
2,893.80
138.50WEBER ELECTRIC WATER UTILITY G&A EQUIPMENT MTCE SERVICE
138.50
103.60WEST, JASON ORGANIZED REC G & A MILEAGE-PERSONAL CAR
103.60
643.14WESTWOOD HILLS NEIGHBORHOOD ASSN HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
643.14
665.17WHEELER HARDWARE GENERAL BUILDING MAINTENANCE GENERAL SUPPLIES
665.17
324.19WINDSCHITL, MARK OPERATIONS GENERAL SUPPLIES
324.19
600.00WRAP CITY GRAPHICS PARK EQUIPMENT MAINTENANCE OTHER IMPROVEMENT SUPPLIES
600.00
72.00WS & D PERMIT SERVICE INSPECTIONS G & A BUILDING
72.00
98.00WSB ASSOC INC COUNTS AND STUDIES OTHER CONTRACTUAL SERVICES
1,762.00STREET CAPITAL PROJ G & A GENERAL PROFESSIONAL SERVICES
1,860.00
15,221.44XCEL ENERGY GENERAL BUILDING MAINTENANCE ELECTRIC SERVICE
22.65OPERATIONSEMERGENCY PREPAREDNESS
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 33
5/27/2014CITY OF ST LOUIS PARK 6:33:11R55CKS2 LOGIS400
33Page -Council Check Summary
- 5/23/20144/26/2014
Amount
Vendor ObjectBU Description
27,045.90PUBLIC WORKS OPS G & A ELECTRIC SERVICE
31,532.79WATER UTILITY G&A ELECTRIC SERVICE
2,114.89REILLY BUDGET ELECTRIC SERVICE
3,391.97SEWER UTILITY G&A ELECTRIC SERVICE
1,920.48STORM WATER UTILITY G&A ELECTRIC SERVICE
3,347.64PARK MAINTENANCE G & A ELECTRIC SERVICE
21.16BRICK HOUSE (1324)ELECTRIC SERVICE
53.51WW RENTAL HOUSE (1322)ELECTRIC SERVICE
427.33WESTWOOD G & A GENERAL SUPPLIES
16,585.93ENTERPRISE G & A ELECTRIC SERVICE
101,685.69
942.00YESS!HUMAN RESOURCES ORGANIZATIONAL DEVELOPMENT
942.00
100.00ZANDER, LOIS HOUSING REHAB BALANCE SHEET CONTRACTS PAYABLE
100.00
4,001.01ZIEGLER INC PREVENTATIVE MAINTENANCE EQUIPMENT MTCE SERVICE
4,001.01
123.94ZIP PRINTING REFORESTATION GENERAL SUPPLIES
144.57AQUATIC PARK G & A PRINTING & PUBLISHING
1,001.12SEASON PASSES PRINTING & PUBLISHING
1,269.63
1,552.00ZWILLING, JAMES EMPLOYEE FLEX SPEND G&A TUITION
1,552.00
Report Totals 2,574,773.92
City Council Meeting of June 2, 2014 (Item No. 4d)
Title: Approval of City Disbursements Page 34
Meeting: City Council
Meeting Date: June 2, 2014
Boards and Commissions: 5a
EXECUTIVE SUMMARY
TITLE: Appointment of Citizen Representative to Boards and Commissions
RECOMMENDED ACTION: Motion to appoint citizen representative Will Poulter as Youth
Commissioner to the Human Rights Commission for a term which expires August 31, 2015.
POLICY CONSIDERATION: Does the Council wish to appoint this individual to the Human
Rights Commission for the term listed above?
SUMMARY: City Council interviewed the applicant on May 27, 2014. After discussion, the
Council was in agreement to recommend Mr. Poulter for appointment to serve as Youth
Commissioner to the Human Rights Commission for a term which expires August 31, 2015.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: St. Louis Park is committed to being a connected and engaged
community.
SUPPORTING DOCUMENTS: None
Prepared by: Kay Midura – Office Assistant – City Clerk’s Office
Reviewed by: Nancy Deno, Human Resources Director/Deputy City Manager
Approved by: Tom Harmening, City Manager
Meeting: City Council
Meeting Date: June 2, 2014
Action Agenda Item: 8a
EXECUTIVE SUMMARY
TITLE: Conditional Use Permit – D & D Autoworks
RECOMMENDED ACTION: Motion to Adopt Resolution rescinding Resolution No. 7042
and approving the Conditional Use Permit (CUP) for D & D Autoworks to operate a motor
vehicle service and repair facility at 6407 Lake Street, with conditions as recommended by staff.
POLICY CONSIDERATION: Is the proposed CUP consistent with the Zoning Ordinance and
the Comprehensive Plan?
SUMMARY: The applicant and business owner Will DuBois is requesting a CUP to add two
service bays to the existing service and repair facility.
The property is zoned C-2 General Commercial and is guided Commercial in the Comprehensive
Plan. The proposed project meets zoning and Comprehensive Plan requirements.
D & D Autoworks was constructed in 1955. It currently has three service bays, and it is
proposed to add two additional bays for a total of five.
As part of the project, existing non-conformities such as landscaping, exterior building materials
and rooftop screening will be brought into compliance with code.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Aerial Photo
Draft Resolution
Excerpt of Planning Commission Minutes
Resolution No. 7042 (Existing Special Permit)
Development Plans
Prepared by: Gary Morrison, Assistant Zoning Administrator
Reviewed by: Sean Walther, Senior Planner
Michele Schnitker, Housing Supervisor
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 8a) Page 2
Title: Conditional Use Permit – D & D Autoworks
DISCUSSION
BACKGROUND: The
building was constructed in
1955 as a motor service station
which included the sale of fuel.
The business is currently
operating under a Special
Permit that was approved on
January 4, 1982. A copy of the
Resolution is attached. Staff
recommends that the Special
Permit be rescinded in favor of
the proposed CUP.
Motor fuel sales ceased in 1992
and the fuel tanks were
removed. Since then, the
property has operated as a motor vehicle repair station only.
ZONING ANALYSIS:
The motor vehicle service and repair use is allowed by Conditional Use Permit (CUP) in the C-2
General Commercial Zoning District. There are some conditions specific to this land use that are
required in addition to the standard zoning regulations. The conditions are discussed below
starting with the standard zoning regulations.
Setbacks:
The required and proposed setbacks for the
proposed building in the C-2 Zoning District
are detailed in the table to the right. The 0.0
foot side and rear setbacks are allowed when
the property is adjacent to another
commercial property. The property next door
is also zoned and used as a commercial
property, therefore, the 0.0 foot side and rear
setback is allowed to the south and southeast.
The proposed additions meet the minimum setback requirements.
Height:
The maximum height in the C-2 Zoning District is six stories or 75 feet in height, whichever is
less. The proposed height is 18 feet. The proposed addition meets the height limit.
Parking:
City Code requires at least four parking spaces per
service bay for the motor vehicle repair use. The
proposed addition will increase the number of
service bays from three to five, therefore, at least
20 parking spaces are required.
Required Yards
Min
Required Provided
Front (Wooddale) 5 feet 46 feet
Side abutting street
(Lake St)
15 feet 39 feet
Side (South East) 0 feet 16 feet
Rear (South) 0 feet 2 feet
Parking
On-site (inside building) 5 spaces
On-site (outside building) 16 spaces
On-street 3 spaces
Total Provided: 24 spaces
Total Required: 20 spaces
City Council Meeting of June 2, 2014 (Item No. 8a) Page 3
Title: Conditional Use Permit – D & D Autoworks
The five service bays count toward the required parking spaces leaving 15 spaces needed to meet
code. The plan provides more than the needed 15 spaces by showing 16 spaces in the parking lot
and an additional three on-street spaces that count toward the required number of spaces.
Therefore, as shown in the chart above, the plan provides a total of 24 parking spaces, which is
four more than the 20 parking spaces required by code.
Landscaping:
The landscaping ordinance requires one tree per 50 feet of site perimeter, which translates to 12
trees. There are eight trees on the landscaping plan, and the remaining four trees will be
contributed to the city tree fund for planting in city parks and right-of-ways.
Shrubs and a three foot tall screening fence will be installed along the perimeter of the site to
screen the parking lot from street views. The shrubs and fence will not be planted at the corner
of Wooddale Ave and Lake St to preserve views around the intersection as required by code.
Architectural:
The existing building consists primarily of painted concrete block, glass and stone accents. The
building will be brought into compliance with architectural ordinance which requires at least
60% class 1 material on each elevation and no more than 40% of class 2 and no more than 10%
of class 3 on each elevation.
Class1 materials proposed for the building
include glass, concrete stucco and stone
accent. The remaining approximately 40% of
each elevation will consist of Class 2
materials such as integral colored concrete
block. The building meets the architectural
regulations as shown in the chart.
The proposed plan meets the architectural regulations.
CONDITIONAL USE PERMIT REVIEW:
Special Conditions for Motor Vehicle Service and Repair:
Motor Vehicle Service and Repair uses are subject to the following conditions above and beyond
standard zoning regulations:
1. No public address system shall be audible from any parcel that is zoned residential and used
or subdivided for residential, or has an occupied institutional building, including but not
limited to schools, religious institutions, and community centers.
A public address system will not be utilized. This condition is included in the draft
resolution.
2. All repair, assembly, disassembly and maintenance of vehicles shall be inside a closed
building except tire inflation, changing wipers or adding oil.
The use will comply with this requirement. This condition is included in the draft resolution.
Elevation Class 1 Class 2 Class3
Northwest 72% 28%
Northeast 60% 37% 3%
Southeast 60% 40%
Southwest 85% 15%
City Council Meeting of June 2, 2014 (Item No. 8a) Page 4
Title: Conditional Use Permit – D & D Autoworks
3. Test driving shall be prohibited on any street in an R or O district.
The use has been in operation since 1955, and there are no complaints on record. Test
driving typically occurs on Lake Street and Wooddale. This condition is included in the draft
resolution.
4. Access shall be to a roadway identified in the comprehensive plan as a collector or arterial
or shall be otherwise located so that access can be provided without generating significant
traffic on local residential streets.
Access is off of both Wooddale Ave and Lake St. Both streets are classified as Major
Collectors. This condition is met.
5. The building housing the use shall be located a minimum of 100 feet from any parcel that is
zoned residential and used or subdivided for residential use, or has an occupied institutional
building, including but not limited to schools, religious institutions, and community centers.
In the case of an automatic carwash where the vehicular entrance and exit doors do not face
said parcel within 100 feet, the building shall be located a minimum of 95 feet from said
parcel that is zoned residential and used or subdivided for residential use, or has an
occupied institutional building, including but not limited to schools, religious institutions,
and community centers.
The closest residential property is to the east, and is located 150 feet away. The St. Louis
Park High School football stadium property is located to the south of the property, and is
approximately 170 feet away. This condition is met.
6. The use is in conformance with the Comprehensive Plan including any provisions of the
redevelopment chapter and the plan by neighborhood policies for the neighborhood in which
it is located and conditions of approval may be added as a means of satisfying this
requirement.
The property is guided Commercial in the Comprehensive Plan. The Sorenson plan by
neighborhood chapter calls for sidewalk connections and investment in commercial
properties. The subject property already has sidewalks along both Lake St and Wooddale
Ave, so additional sidewalk connections are not required.
The overall appearance of the building will be substantially improved as a result of this
project by bringing the building into compliance with the architectural ordinance while
respecting 1950s fuel station architecture.
PLANNING COMMISSION REVIEW:
The Planning Commission held a public hearing on May 7, 2014 regarding this CUP. No one
attended to comment on the application. The Planning Commission recommended approval of
the Conditional Use Permit with conditions, by a vote of 6–0. An excerpt of the Planning
Commission meeting minutes is attached.
City Council Meeting of June 2, 2014 (Item No. 8a) Page 5
Title: Conditional Use Permit – D & D Autoworks
Aerial Photo
City Council Meeting of June 2, 2014 (Item No. 8a) Page 6
Title: Conditional Use Permit – D & D Autoworks
RESOLUTION NO. 14-____
A RESOLUTION RESCINDING RESOLUTION NO. 7042 AND GRANTING
CONDITIONAL USE PERMIT UNDER
SECTION 36-194(d)(3) OF THE ST. LOUIS PARK ORDINANCE CODE
RELATING TO ZONING TO PERMIT CONSTRUCTION OF ADDITION FOR
PROPERTY ZONED C-2 GENERAL COMMERCIAL DISTRICT LOCATED AT
6407 LAKE STREET
BE IT RESOLVED BY the City Council of the City of St. Louis Park:
Findings
1. Loni Strassman and Will DuBois have made application to the City Council for a
Conditional Use Permit under Section 36-1194(d)(3) of the St. Louis Park Ordinance Code for
the purpose of construction of an addition within a C-2 General Commercial District located at
6407 Lake Street for the legal description as follows, to-wit:
Tracts A, B and C, of Registered Land Survey No. 450 and Lot 1, Block 1,
Rearrangement of St. Louis Park, including adjacent vacated alley and including that
part of adjacent vacated Dakota Venue, Hennepin County, Minnesota
2. The City Council has considered the advice and recommendation of the Planning
Commission (Case No. 14-09) and the effect of the proposed addition on the health, safety and
welfare of the occupants of the surrounding lands, existing and anticipated traffic conditions, the
effect on values of properties in the surrounding area, the effect of the use on the Comprehensive
Plan, and compliance with the intent of the Zoning Ordinance.
3. The Council has determined that the addition will not be detrimental to the health, safety, or
general welfare of the community nor will it cause serious traffic congestion nor hazards, nor
will it seriously depreciate surrounding property values, and the proposed addition is in harmony
with the general purpose and intent of the Zoning Ordinance and the Comprehensive Plan.
4. The contents of Planning Case File 14-09-CUP are hereby entered into and made part of the
public hearing record and the record of decision for this case.
Conclusion
The Conditional Use Permit to permit a motor vehicle service and repair facility at the location
described is granted based on the findings set forth above and subject to the following
conditions:
1. The site shall be developed, used and maintained in conformance with the Official Exhibits.
a. Exhibit A: Site Plan
b. Exhibit B: Landscaping Plan
c. Exhibit C: Elevations
d. Exhibit D: Floor Plan
2. Four trees will be dedicated to the city tree fund.
3. Use of a public address system is prohibited.
City Council Meeting of June 2, 2014 (Item No. 8a) Page 7
Title: Conditional Use Permit – D & D Autoworks
4. All repair, assembly and disassembly shall occur inside the building. The exception is simple
tasks such as replacing batteries, and windshield fluid and wipers.
5. Vehicles shall not be test driven on residential streets.
6. All necessary permits must be obtained, including from the Minnehaha Creek Watershed
District (MCWD).
7. The site shall meet all fire lane requirements.
8. The applicant shall comply with the following conditions during construction:
a. The site shall be kept free of dust and debris that could blow onto neighboring properties.
b. Public streets shall be maintained free of dirt and shall be cleaned as necessary.
c. The Zoning Administrator may impose additional conditions if it becomes necessary in
order to mitigate the impact of construction on surrounding properties.
In addition to any other remedies, the developer or owner shall pay an administrative fee
of $750 per violation of any condition of this approval.
Under the Zoning Ordinance Code, this permit shall be revoked and cancelled if the
building or structure for which the conditional use permit is granted is removed.
Assent form and official exhibits must be signed by applicant (or applicant and owner if
applicant is different from owner) prior to issuance of a building permit.
Approval of a Building Permit, which may impose additional requirements.
The City Clerk is instructed to record certified copies of this resolution in the Office of the
Hennepin County Register of Deeds or Registrar of Titles as the case may be.
Reviewed for Administration: Adopted by the City Council June 2, 2014
City Manager Mayor
Attest:
City Clerk
City Council Meeting of June 2, 2014 (Item No. 8a) Page 8
Title: Conditional Use Permit – D & D Autoworks
EXCERPT OF UNOFFICIAL MINUTES
PLANNING COMMISSION
ST. LOUIS PARK, MINNESOTA
May 7, 2014 – 6:00 p.m.
COUNCIL CHAMBERS
MEMBERS PRESENT: Lynne Carper, Claudia Johnston-Madison, Robert Kramer,
Lisa Peilen, Richard Person, Joe Tatalovich
MEMBERS ABSENT: Carl Robertson, Charlie Dixon (youth member)
STAFF PRESENT: Gary Morrison, Meg McMonigal, Nancy Sells
3. Public Hearings
A. D & D Autoworks – Conditional Use Permit
Location: 6407 W. Lake Street
Applicant: Loni Strassman and Will DuBois
Case No.: 14-09-CUP
Gary Morrison, Assistant Zoning Administrator, presented the report. He stated
that the applicant would like to construct two additional service bays, add some
landscaping, screen some rooftop equipment, meet architectural material
regulations, and rescind the existing Special Permit.
Commissioner Kramer asked if there would be any changes to signage on the
property.
Mr. Morrison said signage is not a part of the application. He said a sign permit
would be required if additional signage was requested.
Commissioner Kramer said anything the applicant could do to make the signage
look more contemporary would be appreciated.
Commissioner Kramer suggested that replacing windshield fluid be added to
condition 5 as an allowed outdoor task.
Loni Strassman, architect, said he would take any questions regarding drawings or
the presentation.
Chair Carper opened the public hearing. As no one was present wishing to speak
he closed the public hearing.
Commissioner Person made a motion to recommend approval of the Conditional
Use Permit (CUP) subject to conditions recommended by staff. Commissioner
Kramer seconded the motion, and the motion passed on a vote of 6-0.
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 9
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 10
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 11
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 12
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 13
City Council Meeting of June 2, 2014 (Item No. 8a) Title: Conditional Use Permit – D & D AutoworksPage 14
Meeting: City Council
Meeting Date: June 2, 2014
Action Agenda Item: 8b
EXECUTIVE SUMMARY
TITLE: Preliminary/Final Plat of Frauenshuh Addition
RECOMMENDED ACTION: Motion to Adopt Resolution approving the Preliminary and
Final Plat of Frauenshuh Addition, with conditions as recommended by Planning Commission
and staff.
POLICY CONSIDERATION: Is the proposed plat consistent with the Subdivision Ordinance
and the Comprehensive Plan?
SUMMARY: The applicant is requesting a Preliminary and Final Plat of Frauenshuh Addition.
The purpose of the plat is to split the one unplatted parcel into two platted lots.
The property is improved with two buildings, the Park Nicollet Diagnostic Imaging Center (4951
Excelsior Blvd) and the Wells Fargo Bank building (4959 Excelsior Blvd). If the plat is
approved, then the imaging center will be on Lot 1, and the Wells Fargo Bank building will be
on Lot 2.
The plat meets all subdivision and zoning regulations. A sidewalk will be installed along the
west side of Quentin Ave as required by the subdivision ordinance.
No other improvements or construction are anticipated as a result of this plat.
The park dedication for the platting of commercial property is 5% of the land value (not
including buildings) which is equal to $105,450.
FINANCIAL OR BUDGET CONSIDERATION: Not applicable.
VISION CONSIDERATION: Not applicable.
SUPPORTING DOCUMENTS: Discussion
Aerial Photo
Draft Resolution
Excerpt of Planning Commission Minutes
Development Plans
Prepared by: Gary Morrison, Assistant Zoning Administrator
Reviewed by: Sean Walther, Senior Planner
Michele Schnitker, Housing Supervisor
Approved by: Tom Harmening, City Manager
City Council Meeting of June 2, 2014 (Item No. 8b) Page 2
Title: Preliminary/Final Plat of Frauenshuh Addition
DISCUSSION
BACKGROUND:
The subject property is located in the Minikahda Vista Neighborhood.
The Imaging Center was constructed in 1990, and occupies the east half of the property. Its
parking lot accesses from Quentin Ave.
The Bank was constructed in 1999, and occupies the west half of the property. Its parking lot is
located behind the building and also has access to Quentin Ave. It has a drive-through on the
east side of the building that exits to Excelsior Blvd.
ZONING ANALYSIS:
Existing Conditions:
The property is unplatted, and is 118,809 square feet in area. It has frontage on both Excelsior
Blvd and Quentin Ave. It has two driveway accesses off of Quentin Ave, and one exit-only onto
Excelsior Blvd.
Preliminary Plat:
The plat proposes to subdivide the existing parcel into two lots. Lot 1 contains the imaging
center, and lot two contains the bank.
City Council Meeting of June 2, 2014 (Item No. 8b) Page 3
Title: Preliminary/Final Plat of Frauenshuh Addition
1. Lot Size:
The property is zoned C-2 General Commercial. This district does not have a minimum lot size.
A breakdown of the lot sizes follows:
Lot Size
Lot 1 41,062 sf Diagnostic Imaging
Center
Lot 2 61,002 sf Wells Fargo Bank
R.O.W. Dedication 16,745 sf
Total 118,809 sf
2. Zoning Compliance:
The lot split cannot result in a non-conformity to the zoning regulations. Therefore, the
preliminary plat was reviewed for compliance to the zoning regulations. Staff determined that
the plat is in compliance to the zoning regulations. A summary of the findings follows:
Regulation Proposed
Setback-Side 0.0 feet between two
commercial properties.
Imaging Center minimum side setback
is 5.0 feet.
Bank minimum side setback is 50.0
feet from the building and 2.0 feet
from the canopy.
Setback-Rear 0.0 feet between two
commercial properties.
Imaging Center minimum rear setback
is 20.0 feet.
Bank minimum rear setback is 265
feet.
Floor Area Ratio (FAR) 2.0 maximum allowed Imaging Center = 0.36
Bank = 0.22
North
City Council Meeting of June 2, 2014 (Item No. 8b) Page 4
Title: Preliminary/Final Plat of Frauenshuh Addition
3. Access/Parking Easements:
Cross parking/access easements will be provided over
the following:
A portion of the imaging center’s parking space
which is located on the bank property.
The drive-through lane which is partially located
on the imaging center’s property.
The driveway off of Quentin Ave servicing the
bank building which is partially located on the
imaging center’s property.
The easements are included as a condition of approval
in the draft resolution.
4. Sidewalk:
The subdivision ordinance requires a sidewalk be constructed along all public streets when a
property is platted. There is already a sidewalk along Excelsior Blvd, but there is not one along
Quentin Ave. Therefore, a sidewalk is proposed along Quentin Ave. Coincidentally, a sidewalk
already exists on Quentin Ave south of this property, so this section to be constructed as a result
of this plat, will fill in the remaining gap that will connect the neighborhood to Excelsior Blvd.
Sidewalk easements must be provided over all sections of the plat where the public sidewalk is
located on private property. This is included as a condition of approval in the draft resolution.
5. Park Dedication.
The plat is subject to the park dedication of 5% of current market value of the land as determined
by the City Assessor. Park dedication is required to be paid prior to the City releasing the plat.
This is included as a condition of approval in the draft resolution.
PLANNING COMMISSION REVIEW:
The Planning Commission held a public hearing on May 7, 2014 regarding this preliminary plat.
No one attended to comment on the application. The Planning Commission expressed concern
that the trees along Quentin be preserved as best as possible, and replaced as required if lost as a
result of the construction of the side walk. The Planning Commission recommended approval of
the Preliminary and Final Plat of Frauenshuh Addition conditions, by a vote of 6–0. An excerpt
of the Planning Commission meeting minutes is attached.
City Council Meeting of June 2, 2014 (Item No. 8b) Page 5
Title: Preliminary/Final Plat of Frauenshuh Addition
Aerial Photo
City Council Meeting of June 2, 2014 (Item No. 8b) Page 6
Title: Preliminary/Final Plat of Frauenshuh Addition
RESOLUTION NO. 14-____
RESOLUTION APPROVING THE PRELIMINARY
AND FINAL PLAT OF
FRAUENSHUH ADDITION
BE IT RESOLVED BY the City Council of St. Louis Park:
Findings
1. DRF Dental Buildings, LLC, owners and subdividers of the land proposed to be
platted as Frauenshuh Addition have submitted an application for approval of preliminary and
final plat of said subdivision in the manner required for platting of land under the St. Louis Park
Ordinance Code, and all proceedings have been duly had thereunder.
2. The proposed preliminary and final plat has been found to be in all respects
consistent with the City Plan and the regulations and requirements of the laws of the State of
Minnesota and the ordinances of the City of St. Louis Park.
3. The proposed plat is situated upon the following described lands in Hennepin
County, Minnesota, to-wit:
ATTACHED
Conclusion
1. The proposed preliminary and final plat of Frauenshuh Addition is hereby
approved and accepted by the City as being in accord and conformity with all ordinances, City
plans and regulations of the City of St. Louis Park and the laws of the State of Minnesota,
provided, however, that this approval is made subject to the opinion of the City Attorney and
Certification by the City Clerk subject to the following conditions:
a. Prior to the City signing the plat, the following conditions shall be met:
i. A public sidewalk will be constructed along the entire east property line along
Quentin Ave.
ii. Copies of the sidewalk, access and parking easements shall be provided to the
City. The easements shall be recorded with the plat.
iii. Park dedication in the amount of $105,450 shall be submitted to the City.
iv. A $1,000 escrow shall be submitted to the City to guarantee installation of the
corner iron monuments and returning a Mylar copy of the plat to the City.
b. The developer or owner shall pay an administrative fee of $750 per violation of
any condition of this approval.
2. The City Clerk is hereby directed to supply two certified copies of this Resolution
to the above-named owner and subdivider, who is the applicant herein.
3. The Mayor and City Manager are hereby authorized to execute all contracts
required herein, and the City Clerk is hereby directed to execute the certificate of approval on
behalf of the City Council upon the said plat when all of the conditions set forth in Paragraph
No. 1 above and the St. Louis Park Ordinance Code have been fulfilled.
City Council Meeting of June 2, 2014 (Item No. 8b) Page 7
Title: Preliminary/Final Plat of Frauenshuh Addition
4. Such execution of the certificate upon said plat by the City Clerk, as required
under Section 26-123(1)j of the St. Louis Park Ordinance Code, shall be conclusive showing of
proper compliance therewith by the subdivider and City officials charged with duties above
described and shall entitle such plat to be placed on record forthwith without further formality.
The City Clerk is instructed to record certified copies of this resolution in the Office of the
Hennepin County Register of Deeds or Registrar of Titles as the case may be.
Reviewed for Administration: Adopted by the City Council June 2, 2014
City Manager Mayor
Attest:
City Clerk
City Council Meeting of June 2, 2014 (Item No. 8b) Page 8
Title: Preliminary/Final Plat of Frauenshuh Addition
EXCERPT OF UNOFFICIAL MINUTES
PLANNING COMMISSION
ST. LOUIS PARK, MINNESOTA
May 7, 2014 – 6:00 p.m.
COUNCIL CHAMBERS
MEMBERS PRESENT: Lynne Carper, Claudia Johnston-Madison, Robert Kramer,
Lisa Peilen, Richard Person, Joe Tatalovich
MEMBERS ABSENT: Carl Robertson, Charlie Dixon (youth member)
STAFF PRESENT: Gary Morrison, Meg McMonigal, Nancy Sells
3. Public Hearings
B. Preliminary and Final Plat of Frauenshuh Addition
Location: 4951 & 4959 Excelsior Boulevard
Applicant: DRF Dental Buildings, LLC
Case No.: 14-10-S
Gary Morrison, Assistant Zoning Administrator, presented the staff report. He said
there are two existing buildings on the property, the Diagnostic Imaging Center (DIC)
and a Wells Fargo Bank. The imaging center is on proposed Lot 1 and the bank is on
proposed Lot 2.
Mr. Morrison stated that as a result of a subdivision a non-conformity cannot be
created. All buildings on the property have to meet the setbacks to the new property
line. Because the imaging center is commercial property adjacent to commercial
property there isn’t a minimum setback requirement. The applicant is proposing a 5
ft. setback. So there will be room for sidewalk alongside the building. The bank itself
is a lot further away from the property line at about 50 ft. Mr. Morrison discussed the
canopy for the drive-thru which comes within 2 feet of the property line.
Mr. Morrison described the access/parking easements which will be provided and
recorded with the plat.
Mr. Morrison said as a result of the subdivision a sidewalk will be installed from
Excelsior Blvd. down to the end of the property. This will also fill in a gap that is
missing for sidewalk.
Chair Carper asked if the imaging center and the bank are tenants of DRF Dental
Buildings.
Mr. Morrison responded they are tenants. He said the applicant could explain the
relationship between the entities.
Commissioner Johnston-Madison asked if the sidewalk gap was addressed in Connect
the Park. She said there was a concern about the trees along the gap which protect the
residents to some degree on Quentin from viewing the bank, parts of Miracle Mile
and the parking lot. She said prior to City Council consideration she would like to be
able to let the neighbors know what is going to happen regarding the trees.
City Council Meeting of June 2, 2014 (Item No. 8b) Page 9
Title: Preliminary/Final Plat of Frauenshuh Addition
Commissioner Person asked if the subdivision would be an opportunity to require
additional landscaping. He said the report indicated that no new construction,
renovation or redevelopment is proposed with the application. He asked if there are
any plans for redevelopment that staff is aware of.
Mr. Morrison responded the application is strictly a subdivision application and staff
is not aware of any proposed redevelopment.
Meg McMonigal, Planning and Zoning Supervisor, discussed the cross access
easement. She said both properties will be able to use each other’s property to
circulate around the site as it is a very tight site.
Ross Hedlund, Frauenshuh, explained that the bank building has a dental clinic on the
2nd floor and the ownership of that building is in partnership with Frauenshuh.
Commissioner Johnston-Madison asked the applicant if there are any redevelopment
plans.
Mr. Hedlund said there are no plans currently. He added that the reason for the
subdivision is that the property is currently under a land lease and the subdivision
would allow for a change in ownership.
Chair Carper opened the public hearing. As no one was present wishing to speak he
closed the public hearing.
Commissioner Johnston-Madison asked what height would be allowed on the
imaging center site if redevelopment were to occur.
Mr. Morrison said the property is zoned C-2 which allows several stories. He added
that the limiting factor is always parking. The site is currently parked out. Even
adding a second story would require a significant amount of parking.
Commissioner Person asked that tree replacement along the east property line be
addressed in the conditions of approval.
Mr. Morrison said under the ordinance there is a replacement requirement.
Commissioner Johnston-Madison spoke about tree survival and the sidewalk. She
said she didn’t think there was enough room on the other side to plant additional trees.
Mr. Morrison said it is a priority to keep the tree replacement in the same location as
much as possible. He said the green area would be utilized for tree replacement.
Commissioner Johnston-Madison asked that more information on this be provided to
the affected residents.
Mr. Morrison said staff would look at the issue prior to City Council consideration.
He said the sidewalk and landscape isn’t designed at this point but planning staff will
discuss it with engineering and environmental staff to see what can fit in.
Commissioner Kramer made a motion to recommend approval of the Preliminary and
Final Plat of Frauenshuh Addition, subject to conditions recommended by staff.
Commissioner Peilen seconded the motion, and the motion passed on a vote of 6-0.
City Council Meeting of June 2, 2014 (Item No. 8b) Title: Preliminary/Final Plat of Frauenshuh AdditionPage 10
City Council Meeting of June 2, 2014 (Item No. 8b) Title: Preliminary/Final Plat of Frauenshuh AdditionPage 11
City Council Meeting of June 2, 2014 (Item No. 8b) Title: Preliminary/Final Plat of Frauenshuh AdditionPage 12