HomeMy WebLinkAbout2008/07/28 - ADMIN - Agenda Packets - City Council - Study SessionAGENDA
JULY 28, 2008
4:00 p.m. CRITICAL INCIDENT MULTI-AGENCY PREPAREDNESS DRILL*
Meet in Lobby of Police Department for Transportation to Exercise Site
(St. Louis Park High School)
4:30 p.m. Tour Training Evolutions & Exercise Site
• Victim Removal
• Tactical Use of Vehicles
• Halls and Stairways
• Room Entry
5:30 p.m. Tour New Command Van & Exercise Site
6:00 p.m. Dinner with Participants (box lunches to be provided)
6:45 p.m. Return to Police Department
7:00 p.m. Tour EOC (Emergency Operations Center) in Police Department
CITY COUNCIL STUDY SESSION – NO MEETING
Written Reports
1. Critical Incident Multi-Agency Preparedness Drill
2. June 2008 Monthly Financial Report
3. Quarterly Investment Report (April – June, 2008)
*A copy of the St. Louis Park Emergency Plan is on file with the City Clerk’s office and available
upon request.
Meeting Date: July 28, 2008
Agenda Item #: 1
Regular Meeting Public Hearing Action Item Consent Item Resolution Ordinance
Presentation Other:
EDA Meeting Action Item Resolution Other:
Study Session Discussion Item Written Report Other:
TITLE:
Critical Incident Multi-Agency Preparedness Drill.
RECOMMENDED ACTION:
No action required. The purpose of this report is to inform and update Council on the critical
incident training exercise being held on July 28 beginning at 4 p.m.
Staff is making Council aware of the opportunity to attend and observe in the following ways:
• Tour new communications van staged at site;
• Observe training exercise or a portion of it with narration to assist in understanding; and
• Learn about and observe the performance of the Emergency Operations Center (EOC
including expectations for Council members.
The Mayor and Council members interested in observing on site at the high school should be
in the lobby of the Police Department by 4:00 p.m. Deputy Chief Kirk DiLorenzo will
transport Council to the high school and provide Council with the opportunity to observe the
training and tour the Communications van. A box lunch will be made available at 6 p.m. At
approximately 6:45 p.m. Deputy Chief DiLorenzo will transport Council back to City Hall where
Council will be met by Fire Chief Luke Stemmer. At that time Chief Stemmer will provide the
Council a tour of the EOC. After that the Mayor and Council members are free to go.
POLICY CONSIDERATION:
Not applicable.
BACKGROUND:
At the time Council approved the joint purchase of the new communications van (with Golden
Valley), staff discussed plans to conduct a large scale training exercise to introduce the new
communications van and test our preparedness for a large scale incident. On July 28, 2008, the
training and exercise will be conducted at St. Louis Park Senior High School. The training exercise
being conducted will relate to a scenario involving an active shooter inside the high school. The
training portion will be conducted from 2:00 p.m. to 6:00 p.m. with the scenario/exercise conducted
from 7:00 p.m. to 11:00 p.m.
Meeting of July 28, 2008 (Item No. 1) Page 2
Subject: Critical Incident Multi-Agency Preparedness Drill
The training objectives are as follows:
• Police response to neutralize threat
• Police and fire removal and treatment of victims
• Fire and EMS triage and transport of victims
• Student evacuation and transportation
• Communications van operation and utilization
• Callback and utilization of staff from Public Works and Parks and Recreation Departments
• Opening and utilizing Emergency Operations Center
Evaluation objectives are as follows:
• Evaluate the capabilities of police officers and firefighters to respond to an active shooter
inside a school, identify and remove live victims, and eliminate any threats to responders,
students, staff and residents.
• Evaluate the ability of Police, Fire and EMS to apply the Incident Command System and
operate in a Unified Command environment.
• Evaluate the capability of the City of St. Louis Park to activate staff and utilize an Emergency
Operations Center (EOC) to coordinate and support the response to an active shooter
incident at the school.
• Evaluate the ability of City staff to work in partnership with the School District in response
to a major incident at the school.
Participants:
• St. Louis Park Police Department
• St. Louis Park Fire Department
• St. Louis Park Parks and Recreation Department
• St. Louis Park Public Works Department
• St. Louis Park staffing for EOC
• Golden Valley Police Department
• Golden Valley Fire Department
• Hopkins Fire Department
• Minnetonka Fire Department
• Edina Fire Department
• HCMC Paramedics/Ambulance
• St. Louis Park School District
• Hennepin County Emergency Management
Observers:
• St. Louis Park City Council
• Methodist Hospital
• JCRC
Meeting of July 28, 2008 (Item No. 1) Page 3
Subject: Critical Incident Multi-Agency Preparedness Drill
Attached is a letter Communications Coordinator Jamie Zwilling drafted to the neighborhood prior
to the event which explained the training and its impact on the neighborhood. Staff, which will be
located at access points during the event, will have additional copies of the letter for distribution.
Message boards will also be utilized at Dakota and Lake, 33rd St. and Dakota, and 33rd St. and Jersey
the night of the training.
The active shooter scenario was selected because of incidents that have occurred in environments
such as schools, shopping malls and universities in recent years. We have no specific or credible
reason to believe this type of incident will happen in St. Louis Park.
We have also been working with our schools for several years in policy development and training
related to incidents of this nature. This exercise will allow us to test and critique the work we have
been doing with our schools.
If you have any questions, comments or concerns regarding this training, please do not hesitate to
contact Police Chief John Luse by e-mail (jluse@stlouispark.org) or phone (952-924-2602).
FINANCIAL OR BUDGET CONSIDERATION:
The expense for this training exercise is nominal and will be covered by the Fire Department budget.
VISION CONSIDERATION:
Not applicable.
Attachments: Neighborhood Letter
Prepared by: John Luse, Police Chief
Approved by: Tom Harmening, City Manager
Emergency Response Training
to be held Monday, July 28
The City of St. Louis Park will conduct an "active shooter" training from 2 p.m. to 11 p.m. on
Monday, July 28 at the St. Louis Park High School, 6425 W. 33rd St.
The training focuses on ways to respond to active shooter situations or other violent incidents on school campuses, shopping
centers, religious institutions and other private businesses. Joining the Police Department will be the St. Louis Park Fire
Department, Hennepin County, St. Louis Park Public Schools and Park Nicollet Methodist Hospital staff, along with public
safety personnel from neighboring communities.
Area residents and business owners may notice emergency vehicles and activity in and around the campus during the
training time, but there is no cause for alarm. Also, West 33rd Street will be closed from 2 p.m. to 11 p.m. from Dakota
Avenue to Jersey Avenue.
The training IS NOT the result of any threat or incident in the community but instead this type of training increases the
proficiency level of responders and dispatchers and better prepares them to successfully engage active shooters and
other violent suspects if such an incident were to occur.
Thank you for your understanding, and if you have any additional questions please feel free to call 952-924-2362.
Sincerely,
Dear resident/business owner,
Jamie Zwilling, Public Information Officer, City of St. Louis Park
Meeting of February 19, 2008 (Item No. 1)
Subject: Critical Incident Multi-Agency Preparedness Drill Page 4
Emergency Response Training
to be held
Monday, July 28
The City of St. Louis Park
will conduct an "active shooter" training
from 2 p.m. to 11 p.m.
Monday, July 28
at the St. Louis Park High School,
6425 W. 33rd St.
If you have any additional questions please feel free to call 952-924-2362.
The training IS NOT the result of any threat or incident in the
community but instead this type of training increases the proficiency
level of responders and dispatchers and better prepares them to
successfully engage active shooters and other violent suspects
if such an incident were to occur.
5005 Minnetonka Blvd
St. Louis Park, MN 55416-2216
PRSRT STD
U.S. POSTAGE PAID
Minneapolis, MN
Permit No. 603
Meeting of February 19, 2008 (Item No. 1)
Subject: Critical Incident Multi-Agency Preparedness Drill Page 5
Meeting Date: July 28, 2008
Agenda Item #: 2
Regular Meeting Public Hearing Action Item Consent Item Resolution Ordinance
Presentation Other:
EDA Meeting Action Item Resolution Other:
Study Session Discussion Item Written Report Other:
TITLE:
June 2008 Monthly Financial Report.
RECOMMENDED ACTION:
No action required at this time. This is a written report for information sharing purposes.
POLICY CONSIDERATION:
None.
BACKGROUND:
This report is designed to provide summary information regarding the overall level of revenues and
expenditures in both the General Fund and the Park and Recreation Fund along with department
level reports. These funds are the primary concern in analyzing the City’s financial health because
they represent most of the discretionary use of tax levy dollars.
For the month of June, actual revenues (except for property taxes and state aids) and expenditures
should generally run about 50% of the annual budget. At this time the General Fund has non-tax
revenues of 52% and expenditures of 49%. The Park and Recreation Fund has non-tax revenues of
43% and expenditures of 52%. Significant variances from budget are highlighted below
accompanied with a general discussion for the variance.
General Fund
Expenditures:
• Finance, Community Development, Information Resources, and Environment budgets
appear high in the personal services area because salary allocations for the first half of the year
have not been made yet.
• Communications & Marketing looks high in the services & other charges area since several
large publication projects have been completed including the updated new resident guide.
• Public Works – Operations has purchased most of the salt and sand needed for the year
along with their sign materials which has used a large portion of the supplies budget.
Meeting of July 28, 2008 (Item No. 2) Page 2
Subject: June 2008 Monthly Financial Report
Parks and Recreation
Expenditures:
• Organized Recreation exceeds budget in Services & Other Charges as a result of the annual
payments to I.S.D. #283 for community education in the amount of $187,400.
• Recreation Center miscellaneous revenue is low because the majority of our ice arena rental
revenue comes in the second half of the year.
• Vehicle Maintenance is exceeding budget as a result of several factors: First, petroleum
products (gas, diesel, and lubricants) are exceeding budget due to unprecedented prices. Staff
is closely monitoring this line item. Secondly, many parts have been purchased which will be
used in the upfitting process for new vehicles.
FINANCIAL OR BUDGET CONSIDERATION:
None required at this time.
VISION CONSIDERATION:
Not applicable.
Attachments: Monthly Financial Reports
Prepared by: Bruce DeJong, Finance Director
Approved by: Tom Harmening, City Manager
7/23/2008CITY OF ST LOUIS PARK 8:47:19R5509FIN1 LOGIS001
1Monthly Financial Report Page -By Co (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
01000 GENERAL FUND
4000 REVENUES & EXPENSES
4001 REVENUES
4010 GENERAL PROPERTY TAXES 14,107,179.00-14,107,179.00-|13,170,348.00-
4100 LICENSES & PERMITS 2,712,715.00- 234,052.03- 1,757,463.87- 955,251.13- 64.79 |2,636,500.00-1,627,027.31- 61.71
4270 FINES & FORFEITS 311,000.00-1,000.00 114,412.85- 196,587.15- 36.79 |309,600.00-121,179.91- 39.14
4300 INTERGOVERNMENTAL 1,709,365.00- 97,990.00- 514,618.87- 1,194,746.13- 30.11 |1,628,804.15-543,346.89- 33.36
4600 CHARGES FOR SERVICES 1,084,975.00- 106,070.57- 311,371.45- 773,603.55- 28.70 |1,045,828.63-410,556.10- 39.26
5200 MISCELLANEOUS 100,000.00-1,250.00- 8,874.20- 91,125.80-8.87 |111,400.00-51,862.86- 46.56
4001 REVENUES 20,025,234.00-438,362.60-2,706,741.24-17,318,492.76-13.52 |18,902,480.78-2,753,973.07-14.57
6001 EXPENDITURES
6002 PERSONAL SERVICES 17,638,555.00 1,473,511.21 8,980,138.56 8,658,416.44 50.91 |16,858,062.07 8,181,506.68 48.53
6210 SUPPLIES 758,098.00 43,727.12 357,062.10 401,035.90 47.10 |686,448.00 252,346.99 36.76
6300 NON-CAPITAL EQUIPMENT 71,350.00 611.54 8,382.12 62,967.88 11.75 |63,950.00 13,356.77 20.89
6350 SERVICES & OTHER CHARGES 4,258,872.00 200,234.59 1,452,154.45 2,806,717.55 34.10 |4,077,004.00 1,824,541.69 44.75
7800 CAPITAL OUTLAY 248.23 248.23-|
6001 EXPENDITURES 22,726,875.00 1,718,084.46 10,797,985.46 11,928,889.54 47.51 |21,685,464.07 10,271,752.13 47.37
8001 OTHER INCOME
8010 TRANSFERS IN 2,555,694.00-2,555,694.00-|2,654,836.00-1,327,418.04- 50.00
8065 SALE OF SALVAGE |10,063.00-
8070 OTHER RECOVERIES 2,000.00-163.34-1,836.66-8.17 |2,000.00-3,120.03- 156.00
8100 INTEREST 325,000.00-86,604.42 411,604.42- 26.65- |301,099.00-61,040.46 20.27-
8130 CONTRIBUTIONS/DONATIONS 100.00-100.00 |
8170 ADMINISTRATION FEES 25.00-375.00-375.00 |6,000.00-1,400.00- 23.33
8200 MISC REVENUE 10.00 491.71-491.71 |135.30-
8001 OTHER INCOME 2,882,694.00-15.00-85,474.37 2,968,168.37-2.97-|2,963,935.00-1,281,095.91-43.22
8501 OTHER EXPENSE
8550 INTEREST/FINANCE CHARGES 8.25 8.25-|4.36
8580 MISC EXPENSE 180,650.00 1.08 180,648.92 0.00 |180,650.00 5,164.79 2.86
8590 BANK CHARGES/CREDIT CD FEES 400.00 89.38 182.83 217.17 45.71 |300.00 8,768.37 2,922.79
8501 OTHER EXPENSE 181,050.00 89.38 192.16 180,857.84 .11 |180,950.00 13,937.52 7.70
4000 REVENUES & EXPENSES 3.00-1,279,796.24 8,176,910.75 8,176,913.75-**********|1.71-6,250,620.67 **********
01000 GENERAL FUND 3.00-1,279,796.24 8,176,910.75 8,176,913.75-**********|1.71-6,250,620.67 **********
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 3
7/23/2008CITY OF ST LOUIS PARK 8:47:19R5509FIN1 LOGIS001
2Monthly Financial Report Page -By Co (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
02000 PARK AND RECREATION
4000 REVENUES & EXPENSES
4001 REVENUES
4010 GENERAL PROPERTY TAXES 3,750,197.00-3,750,197.00-|3,540,854.00-
4100 LICENSES & PERMITS 525.00- 4,750.00-4,750.00 |4,600.00-
4300 INTERGOVERNMENTAL 56,402.00- 29,500.00- 54,722.56-1,679.44- 97.02 |56,402.00-22,351.00- 39.63
4600 CHARGES FOR SERVICES 1,058,170.00- 169,637.51- 530,712.67- 527,457.33- 50.15 |1,077,220.00-607,111.34- 56.36
5200 MISCELLANEOUS 823,061.00- 40,664.39- 247,266.81- 575,794.19- 30.04 |809,061.00-308,841.39- 38.17
4001 REVENUES 5,687,830.00-240,326.90-837,452.04-4,850,377.96-14.72 |5,483,537.00-942,903.73-17.20
6001 EXPENDITURES
6002 PERSONAL SERVICES 3,403,854.00 287,666.74 1,671,494.64 1,732,359.36 49.11 |3,286,328.13 1,591,301.76 48.42
6210 SUPPLIES 795,292.00 140,916.83 488,383.94 306,908.06 61.41 |768,832.00 396,743.80 51.60
6300 NON-CAPITAL EQUIPMENT 4,500.00 1,473.21 1,982.01 2,517.99 44.04 |4,500.00 7,191.73 159.82
6350 SERVICES & OTHER CHARGES 1,543,904.00 176,989.19 848,703.98 695,200.02 54.97 |1,520,731.00 821,787.21 54.04
7800 CAPITAL OUTLAY 19,000.00 19,000.00 |19,000.00 30.27- .16-
6001 EXPENDITURES 5,766,550.00 607,045.97 3,010,564.57 2,755,985.43 52.21 |5,599,391.13 2,816,994.23 50.31
8001 OTHER INCOME
8010 TRANSFERS IN 75,000.00-75,000.00-|100,000.00-
8100 INTEREST 1,600.00-1,600.00-|8,000.00-
8130 CONTRIBUTIONS/DONATIONS 11,100.00-3,000.00- 4,803.00-6,297.00- 43.27 |16,600.00-7,529.42- 45.36
8001 OTHER INCOME 87,700.00-3,000.00-4,803.00-82,897.00-5.48 |124,600.00-7,529.42-6.04
8501 OTHER EXPENSE
8510 TRANSFERS OUT 8,981.00 8,981.00 |8,745.73 4,372.98 50.00
8550 INTEREST/FINANCE CHARGES 57.02 57.02-|
8580 MISC EXPENSE |95.75
8590 BANK CHARGES/CREDIT CD FEES 102.85 102.85-|7,747.59
8501 OTHER EXPENSE 8,981.00 159.87 8,821.13 1.78 |8,745.73 12,216.32 139.68
4000 REVENUES & EXPENSES 1.00 363,719.07 2,168,469.40 2,168,468.40-*********|.14-1,878,777.40 **********
02000 PARK AND RECREATION 1.00 363,719.07 2,168,469.40 2,168,468.40-*********|.14-1,878,777.40 **********
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 4
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
2Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
100 GENERAL
4000 REVENUES & EXPENSES
4001 REVENUES
4010 GENERAL PROPERTY TAXES 14,107,179.00-14,107,179.00-|13,170,348.00-
4300 INTERGOVERNMENTAL 45,205.00-45,205.00-|45,205.00-
4600 CHARGES FOR SERVICES 42.00-145.00-145.00 |167.38-
5200 MISCELLANEOUS 85,000.00-124.20- 84,875.80-.15 |85,000.00-42,596.18- 50.11
4001 REVENUES 14,237,384.00-42.00-269.20-14,237,114.80-0.00 |13,300,553.00-42,763.56-.32
6001 EXPENDITURES
6350 SERVICES & OTHER CHARGES 52.50 52.50-|31.50
6001 EXPENDITURES 52.50 52.50-|31.50
8001 OTHER INCOME
8010 TRANSFERS IN 2,471,711.00-2,471,711.00-|2,571,039.00-1,327,418.04- 51.63
8065 SALE OF SALVAGE |10,063.00-
8100 INTEREST 325,000.00-86,604.42 411,604.42- 26.65- |292,599.00-61,270.93 20.94-
8001 OTHER INCOME 2,796,711.00-86,604.42 2,883,315.42-3.10-|2,863,638.00-1,276,210.11-44.57
8501 OTHER EXPENSE
8580 MISC EXPENSE 180,000.00 180,000.00 |180,000.00 4,789.04 2.66
8501 OTHER EXPENSE 180,000.00 180,000.00 |180,000.00 4,789.04 2.66
4000 REVENUES & EXPENSES 16,854,095.00-42.00-86,387.72 16,940,482.72-.51-|15,984,191.00-1,314,153.13-8.22
100 GENERAL 16,854,095.00-42.00-86,387.72 16,940,482.72-.51-|15,984,191.00-1,314,153.13-8.22
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 5
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
3Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
110 ADMINISTRATION
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 178,000.00-2,954.16- 176,470.82-1,529.18- 99.14 |174,000.00-169,150.00- 97.21
4270 FINES & FORFEITS 8,000.00-1,000.00 3,000.00-5,000.00- 37.50 |3,000.00-
4300 INTERGOVERNMENTAL |14,500.00-
4001 REVENUES 186,000.00-1,954.16-179,470.82-6,529.18-96.49 |191,500.00-169,150.00-88.33
6001 EXPENDITURES
6002 PERSONAL SERVICES 511,250.00 47,692.65 295,009.92 216,240.08 57.70 |507,731.60 243,181.45 47.90
6210 SUPPLIES 4,350.00 592.17 1,931.72 2,418.28 44.41 |3,950.00 1,177.91 29.82
6350 SERVICES & OTHER CHARGES 518,727.00 26,796.40 200,695.91 318,031.09 38.69 |471,249.00 201,319.93 42.72
6001 EXPENDITURES 1,034,327.00 75,081.22 497,637.55 536,689.45 48.11 |982,930.60 445,679.29 45.34
8001 OTHER INCOME
8200 MISC REVENUE 30.00-30.00 |
8001 OTHER INCOME 30.00-30.00 |
8501 OTHER EXPENSE
8550 INTEREST/FINANCE CHARGES 8.25 8.25-|
8590 BANK CHARGES/CREDIT CD FEES |.54
8501 OTHER EXPENSE 8.25 8.25-|.54
4000 REVENUES & EXPENSES 848,327.00 73,127.06 318,144.98 530,182.02 37.50 |791,430.60 276,529.83 34.94
110 ADMINISTRATION 848,327.00 73,127.06 318,144.98 530,182.02 37.50 |791,430.60 276,529.83 34.94
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 6
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
4Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
120 FINANCE
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES 50,000.00-7,818.50- 19,546.25- 30,453.75- 39.09 |47,000.00-36,630.66- 77.94
5200 MISCELLANEOUS |50.00-
4001 REVENUES 50,000.00-7,818.50-19,546.25-30,453.75-39.09 |47,000.00-36,680.66-78.04
6001 EXPENDITURES
6002 PERSONAL SERVICES 951,407.00 89,224.47 547,371.30 404,035.70 57.53 |898,670.00 425,914.32 47.39
6210 SUPPLIES 4,000.00 405.97 2,223.93 1,776.07 55.60 |3,600.00 2,650.75 73.63
6350 SERVICES & OTHER CHARGES 167,356.00 1,311.85 62,216.69 105,139.31 37.18 |150,762.00 97,478.81 64.66
6001 EXPENDITURES 1,122,763.00 90,942.29 611,811.92 510,951.08 54.49 |1,053,032.00 526,043.88 49.96
8001 OTHER INCOME
8170 ADMINISTRATION FEES 25.00-375.00-375.00 |6,000.00-1,400.00- 23.33
8200 MISC REVENUE 281.71-281.71 |4.80-
8001 OTHER INCOME 25.00-656.71-656.71 |6,000.00-1,404.80-23.41
8501 OTHER EXPENSE
8580 MISC EXPENSE 150.00 1.08 148.92 .72 |150.00 113.27 75.51
8590 BANK CHARGES/CREDIT CD FEES 300.00 2.96 297.04 .99 |300.00 12.81 4.27
8501 OTHER EXPENSE 450.00 4.04 445.96 .90 |450.00 126.08 28.02
4000 REVENUES & EXPENSES 1,073,213.00 83,098.79 591,613.00 481,600.00 55.13 |1,000,482.00 488,084.50 48.78
120 FINANCE 1,073,213.00 83,098.79 591,613.00 481,600.00 55.13 |1,000,482.00 488,084.50 48.78
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 7
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
5Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
130 HUMAN RESOURCES
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES 9,000.00-3,142.00-5,858.00- 34.91 |9,000.00-12,018.00- 133.53
4001 REVENUES 9,000.00-3,142.00-5,858.00-34.91 |9,000.00-12,018.00-133.53
6001 EXPENDITURES
6002 PERSONAL SERVICES 459,624.00 37,502.52 230,383.29 229,240.71 50.12 |433,712.46 222,636.55 51.33
6210 SUPPLIES 2,000.00 31.47 585.51 1,414.49 29.28 |2,000.00 1,186.13 59.31
6350 SERVICES & OTHER CHARGES 168,050.00 3,529.37 79,005.39 89,044.61 47.01 |132,660.00 71,313.36 53.76
6001 EXPENDITURES 629,674.00 41,063.36 309,974.19 319,699.81 49.23 |568,372.46 295,136.04 51.93
8001 OTHER INCOME
8200 MISC REVENUE |117.50-
8001 OTHER INCOME |117.50-
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 620,674.00 41,063.36 306,832.19 313,841.81 49.44 |559,372.46 283,000.54 50.59
130 HUMAN RESOURCES 620,674.00 41,063.36 306,832.19 313,841.81 49.44 |559,372.46 283,000.54 50.59
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 8
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
6Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
135 COMMUNITY DEVELOPMENT
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 12,000.00-855.00- 6,185.00-5,815.00- 51.54 |12,000.00-4,990.00- 41.58
4600 CHARGES FOR SERVICES 572,675.00- 84,461.35- 246,185.73- 326,489.27- 42.99 |553,028.63-178,254.27- 32.23
4001 REVENUES 584,675.00-85,316.35-252,370.73-332,304.27-43.16 |565,028.63-183,244.27-32.43
6001 EXPENDITURES
6002 PERSONAL SERVICES 1,019,147.00 114,477.68 689,358.63 329,788.37 67.64 |968,204.14 477,603.12 49.33
6210 SUPPLIES 3,000.00 61.46 372.15 2,627.85 12.41 |3,000.00 625.68 20.86
6300 NON-CAPITAL EQUIPMENT 1,000.00 1,000.00 |1,000.00
6350 SERVICES & OTHER CHARGES 57,750.00 1,687.71 7,091.49 50,658.51 12.28 |52,750.00 29,923.72 56.73
6001 EXPENDITURES 1,080,897.00 116,226.85 696,822.27 384,074.73 64.47 |1,024,954.14 508,152.52 49.58
8001 OTHER INCOME
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 496,222.00 30,910.50 444,451.54 51,770.46 89.57 |459,925.51 324,908.25 70.64
135 COMMUNITY DEVELOPMENT 496,222.00 30,910.50 444,451.54 51,770.46 89.57 |459,925.51 324,908.25 70.64
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 9
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
7Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
140 FACILITIES MAINTENANCE
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES 8,200.00-8,200.00-|8,200.00-
5200 MISCELLANEOUS 15,000.00-1,250.00- 8,750.00-6,250.00- 58.33 |16,400.00-9,216.68- 56.20
4001 REVENUES 23,200.00-1,250.00-8,750.00-14,450.00-37.72 |24,600.00-9,216.68-37.47
6001 EXPENDITURES
6002 PERSONAL SERVICES 510,784.00 40,648.71 246,635.31 264,148.69 48.29 |484,355.24 239,722.49 49.49
6210 SUPPLIES 109,500.00 8,501.78 36,736.33 72,763.67 33.55 |110,500.00 28,952.45 26.20
6300 NON-CAPITAL EQUIPMENT 31,000.00 1,092.11 29,907.89 3.52 |30,000.00 1,705.16 5.68
6350 SERVICES & OTHER CHARGES 536,642.00 28,676.95 231,909.36 304,732.64 43.21 |539,512.00 251,083.42 46.54
6001 EXPENDITURES 1,187,926.00 77,827.44 516,373.11 671,552.89 43.47 |1,164,367.24 521,463.52 44.79
8001 OTHER INCOME
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 1,164,726.00 76,577.44 507,623.11 657,102.89 43.58 |1,139,767.24 512,246.84 44.94
140 FACILITIES MAINTENANCE 1,164,726.00 76,577.44 507,623.11 657,102.89 43.58 |1,139,767.24 512,246.84 44.94
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 10
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
8Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
145 INFORMATION RESOURCES
4000 REVENUES & EXPENSES
4001 REVENUES
6001 EXPENDITURES
6002 PERSONAL SERVICES 566,679.00 56,760.77 342,953.45 223,725.55 60.52 |613,992.71 296,245.63 48.25
6210 SUPPLIES 31,200.00 3,835.64 12,079.86 19,120.14 38.72 |29,400.00 13,877.81 47.20
6300 NON-CAPITAL EQUIPMENT 2,300.00 287.72 1,376.88 923.12 59.86 |300.00
6350 SERVICES & OTHER CHARGES 860,660.00 36,562.39 337,673.33 522,986.67 39.23 |846,483.00 406,627.34 48.04
6001 EXPENDITURES 1,460,839.00 97,446.52 694,083.52 766,755.48 47.51 |1,490,175.71 716,750.78 48.10
8001 OTHER INCOME
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES .53 34.57 34.57-|
8501 OTHER EXPENSE .53 34.57 34.57-|
4000 REVENUES & EXPENSES 1,460,839.00 97,447.05 694,118.09 766,720.91 47.52 |1,490,175.71 716,750.78 48.10
145 INFORMATION RESOURCES 1,460,839.00 97,447.05 694,118.09 766,720.91 47.52 |1,490,175.71 716,750.78 48.10
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 11
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
9Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
150 COMMUNICATIONS & MARKETING
4000 REVENUES & EXPENSES
4001 REVENUES
6001 EXPENDITURES
6002 PERSONAL SERVICES 173,932.00 7,187.81 42,363.44 131,568.56 24.36 |99,061.47 33,273.78 33.59
6210 SUPPLIES |93.16
6300 NON-CAPITAL EQUIPMENT |797.00
6350 SERVICES & OTHER CHARGES 113,850.00 21,941.53 82,368.57 31,481.43 72.35 |119,690.00 62,987.65 52.63
6001 EXPENDITURES 287,782.00 29,129.34 124,732.01 163,049.99 43.34 |218,751.47 97,151.59 44.41
8001 OTHER INCOME
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES 15.03 15.03-|
8501 OTHER EXPENSE 15.03 15.03-|
4000 REVENUES & EXPENSES 287,782.00 29,129.34 124,747.04 163,034.96 43.35 |218,751.47 97,151.59 44.41
150 COMMUNICATIONS & MARKETING 287,782.00 29,129.34 124,747.04 163,034.96 43.35 |218,751.47 97,151.59 44.41
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 12
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
10Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
160 POLICE
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 20.00-20.00 |
4270 FINES & FORFEITS 302,600.00-110,704.85- 191,895.15- 36.58 |306,600.00-120,719.91- 39.37
4300 INTERGOVERNMENTAL 882,160.00- 53,335.50- 249,403.22- 632,756.78- 28.27 |841,075.15-299,663.69- 35.63
4600 CHARGES FOR SERVICES 110,300.00-7,392.72- 34,401.47- 75,898.53- 31.19 |119,300.00-51,939.21- 43.54
4001 REVENUES 1,295,060.00-60,728.22-394,529.54-900,530.46-30.46 |1,266,975.15-472,322.81-37.28
6001 EXPENDITURES
6002 PERSONAL SERVICES 6,185,321.00 492,428.33 3,060,585.08 3,124,735.92 49.48 |5,965,980.09 2,851,084.99 47.79
6210 SUPPLIES 155,300.00 8,246.44 47,855.91 107,444.09 30.82 |142,700.00 50,485.16 35.38
6300 NON-CAPITAL EQUIPMENT 33,550.00 323.82 5,913.13 27,636.87 17.62 |27,350.00 10,854.61 39.69
6350 SERVICES & OTHER CHARGES 552,343.00 13,451.18 124,229.11 428,113.89 22.49 |540,073.00 193,444.19 35.82
6001 EXPENDITURES 6,926,514.00 514,449.77 3,238,583.23 3,687,930.77 46.76 |6,676,103.09 3,105,868.95 46.52
8001 OTHER INCOME
8070 OTHER RECOVERIES 2,000.00-163.34-1,836.66-8.17 |2,000.00-3,120.03- 156.00
8100 INTEREST |8,500.00-230.47- 2.71
8001 OTHER INCOME 2,000.00-163.34-1,836.66-8.17 |10,500.00-3,350.50-31.91
8501 OTHER EXPENSE
8580 MISC EXPENSE 500.00 500.00 |500.00 262.48 52.50
8590 BANK CHARGES/CREDIT CD FEES 100.00 12.68-112.68 12.68- |128.13
8501 OTHER EXPENSE 600.00 12.68-612.68 2.11-|500.00 390.61 78.12
4000 REVENUES & EXPENSES 5,630,054.00 453,721.55 2,843,877.67 2,786,176.33 50.51 |5,399,127.94 2,630,586.25 48.72
160 POLICE 5,630,054.00 453,721.55 2,843,877.67 2,786,176.33 50.51 |5,399,127.94 2,630,586.25 48.72
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 13
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
11Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
161 COMMUNITY OUTREACH - POLICE
4000 REVENUES & EXPENSES
4001 REVENUES
6001 EXPENDITURES
6002 PERSONAL SERVICES 73,127.00 5,988.12 36,768.05 36,358.95 50.28 |71,292.35 34,305.75 48.12
6210 SUPPLIES 1,100.00 10.35 31.73 1,068.27 2.88 |1,100.00 208.94 18.99
6350 SERVICES & OTHER CHARGES 9,756.00 4,925.41 4,830.59 50.49 |44,005.00 40,894.68 92.93
6001 EXPENDITURES 83,983.00 5,998.47 41,725.19 42,257.81 49.68 |116,397.35 75,409.37 64.79
8001 OTHER INCOME
8010 TRANSFERS IN 83,983.00-83,983.00-|83,797.00-
8001 OTHER INCOME 83,983.00-83,983.00-|83,797.00-
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 5,998.47 41,725.19 41,725.19-|32,600.35 75,409.37 231.31
161 COMMUNITY OUTREACH - POLICE 5,998.47 41,725.19 41,725.19-|32,600.35 75,409.37 231.31
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 14
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
12Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
165 FIRE PROTECTION
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 55,000.00-4,426.88- 21,204.09- 33,795.91- 38.55 |55,000.00-21,024.50- 38.23
4300 INTERGOVERNMENTAL 332,000.00-332,000.00-|298,024.00-20,410.70- 6.85
4600 CHARGES FOR SERVICES 4,000.00-5,885.00- 6,815.00-2,815.00 170.38 |5,500.00-1,235.00- 22.45
4001 REVENUES 391,000.00-10,311.88-28,019.09-362,980.91-7.17 |358,524.00-42,670.20-11.90
6001 EXPENDITURES
6002 PERSONAL SERVICES 2,712,378.00 208,511.55 1,289,037.52 1,423,340.48 47.52 |2,494,897.00 1,242,965.45 49.82
6210 SUPPLIES 93,648.00 3,027.03 50,707.47 42,940.53 54.15 |60,398.00 11,451.00 18.96
6300 NON-CAPITAL EQUIPMENT |1,700.00
6350 SERVICES & OTHER CHARGES 223,092.00 8,524.60 39,183.91 183,908.09 17.56 |199,527.00 92,136.02 46.18
6001 EXPENDITURES 3,029,118.00 220,063.18 1,378,928.90 1,650,189.10 45.52 |2,756,522.00 1,346,552.47 48.85
8001 OTHER INCOME
8130 CONTRIBUTIONS/DONATIONS 100.00-100.00 |
8200 MISC REVENUE |13.00-
8001 OTHER INCOME 100.00-100.00 |13.00-
8501 OTHER EXPENSE
8550 INTEREST/FINANCE CHARGES |4.36
8590 BANK CHARGES/CREDIT CD FEES |11.95
8501 OTHER EXPENSE |16.31
4000 REVENUES & EXPENSES 2,638,118.00 209,751.30 1,350,809.81 1,287,308.19 51.20 |2,397,998.00 1,303,885.58 54.37
165 FIRE PROTECTION 2,638,118.00 209,751.30 1,350,809.81 1,287,308.19 51.20 |2,397,998.00 1,303,885.58 54.37
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 15
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
13Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
170 INSPECTIONAL SERVICES
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 2,392,615.00- 220,265.99- 1,498,703.96- 893,911.04- 62.64 |2,347,200.00-1,350,652.81- 57.54
4300 INTERGOVERNMENTAL 445.65-445.65 |
4600 CHARGES FOR SERVICES 800.00-21.00-686.00-114.00- 85.75 |800.00-15,468.91 1,933.61-
4001 REVENUES 2,393,415.00-220,286.99-1,499,835.61-893,579.39-62.67 |2,348,000.00-1,335,183.90-56.86
6001 EXPENDITURES
6002 PERSONAL SERVICES 1,771,747.00 145,901.48 872,361.83 899,385.17 49.24 |1,703,179.00 809,095.90 47.51
6210 SUPPLIES 11,500.00 2,080.23 4,517.10 6,982.90 39.28 |12,500.00 3,042.87 24.34
6350 SERVICES & OTHER CHARGES 69,627.00 7,601.53 24,328.15 45,298.85 34.94 |77,627.00 36,294.81 46.76
6001 EXPENDITURES 1,852,874.00 155,583.24 901,207.08 951,666.92 48.64 |1,793,306.00 848,433.58 47.31
8001 OTHER INCOME
8200 MISC RECEIPTS 10.00 180.00-180.00 |
8001 OTHER INCOME 10.00 180.00-180.00 |
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES 63.58 117.68 117.68-|8,614.94
8501 OTHER EXPENSE 63.58 117.68 117.68-|8,614.94
4000 REVENUES & EXPENSES 540,541.00-64,630.17-598,690.85-58,149.85 110.76 |554,694.00-478,135.38-86.20
170 INSPECTIONAL SERVICES 540,541.00-64,630.17-598,690.85-58,149.85 110.76 |554,694.00-478,135.38-86.20
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 16
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
14Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
175 PUBLIC WORKS - ADMINISTRATION
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES |3,000.00-12,343.56- 411.45
4001 REVENUES |3,000.00-12,343.56-411.45
6001 EXPENDITURES
6002 PERSONAL SERVICES 793,133.00 64,984.73 375,892.31 417,240.69 47.39 |766,936.63 385,542.85 50.27
6210 SUPPLIES 4,500.00 1,055.61 3,444.39 23.46 |5,000.00 1,347.56 26.95
6300 NON-CAPITAL EQUIPMENT 1,500.00 1,500.00 |2,000.00
6350 SERVICES & OTHER CHARGES 33,450.00 7,223.00 11,903.38 21,546.62 35.59 |25,650.00 9,118.09 35.55
6001 EXPENDITURES 832,583.00 72,207.73 388,851.30 443,731.70 46.70 |799,586.63 396,008.50 49.53
8001 OTHER INCOME
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 832,583.00 72,207.73 388,851.30 443,731.70 46.70 |796,586.63 383,664.94 48.16
175 PUBLIC WORKS - ADMINISTRATION 832,583.00 72,207.73 388,851.30 443,731.70 46.70 |796,586.63 383,664.94 48.16
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 17
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
15Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
176 PUBLIC WORKS - ENGINEERING
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 75,000.00-5,550.00- 54,850.00- 20,150.00- 73.13 |48,000.00-81,150.00- 169.06
4600 CHARGES FOR SERVICES 330,000.00-450.00-450.00- 329,550.00-.14 |300,000.00-133,436.93- 44.48
4001 REVENUES 405,000.00-6,000.00-55,300.00-349,700.00-13.65 |348,000.00-214,586.93-61.66
6001 EXPENDITURES
6002 PERSONAL SERVICES 690,511.00 60,091.24 344,675.78 345,835.22 49.92 |660,469.39 331,036.76 50.12
6210 SUPPLIES 7,000.00 357.96 3,283.87 3,716.13 46.91 |6,800.00 2,179.66 32.05
6300 NON-CAPITAL EQUIPMENT 2,000.00 2,000.00 |1,600.00
6350 SERVICES & OTHER CHARGES 85,671.00 5,790.61 20,737.59 64,933.41 24.21 |76,433.00 51,909.38 67.91
6001 EXPENDITURES 785,182.00 66,239.81 368,697.24 416,484.76 46.96 |745,302.39 385,125.80 51.67
8001 OTHER INCOME
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES 25.27 25.27 25.27-|
8501 OTHER EXPENSE 25.27 25.27 25.27-|
4000 REVENUES & EXPENSES 380,182.00 60,265.08 313,422.51 66,759.49 82.44 |397,302.39 170,538.87 42.92
176 PUBLIC WORKS - ENGINEERING 380,182.00 60,265.08 313,422.51 66,759.49 82.44 |397,302.39 170,538.87 42.92
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 18
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
16Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
177 PUBLIC WORKS - OPERATIONS
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 100.00-30.00-70.00- 30.00 |300.00-60.00- 20.00
4270 FINES & FORFEITS 400.00-708.00-308.00 177.00 |460.00-
4300 INTERGOVERNMENTAL 450,000.00- 44,654.50- 264,770.00- 185,230.00- 58.84 |430,000.00-223,272.50- 51.92
5200 MISCELLANEOUS |10,000.00-
4001 REVENUES 450,500.00-44,654.50-265,508.00-184,992.00-58.94 |440,300.00-223,792.50-50.83
6001 EXPENDITURES
6002 PERSONAL SERVICES 1,219,515.00 102,111.15 606,742.65 612,772.35 49.75 |1,189,579.99 588,897.64 49.50
6210 SUPPLIES 331,000.00 16,576.62 195,680.91 135,319.09 59.12 |305,500.00 135,067.91 44.21
6350 SERVICES & OTHER CHARGES 861,898.00 37,137.47 225,833.66 636,064.34 26.20 |800,583.00 279,978.79 34.97
7800 CAPITAL OUTLAY 248.23 248.23-|
6001 EXPENDITURES 2,412,413.00 155,825.24 1,028,505.45 1,383,907.55 42.63 |2,295,662.99 1,003,944.34 43.73
8001 OTHER INCOME
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 1,961,913.00 111,170.74 762,997.45 1,198,915.55 38.89 |1,855,362.99 780,151.84 42.05
177 PUBLIC WORKS - OPERATIONS 1,961,913.00 111,170.74 762,997.45 1,198,915.55 38.89 |1,855,362.99 780,151.84 42.05
01000 GENERAL FUND 3.00-1,279,796.24 8,176,910.75 8,176,913.75-**********|1.71-6,250,620.67 **********
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 19
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
17Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
02000 PARK AND RECREATION
200 ORGANIZED RECREATION
4000 REVENUES & EXPENSES
4001 REVENUES
4010 GENERAL PROPERTY TAXES 3,750,197.00-3,750,197.00-|3,540,854.00-
4300 INTERGOVERNMENTAL 44,702.00-44,702.00-|44,702.00-
4600 CHARGES FOR SERVICES 242,070.00-7,766.80- 147,656.50- 94,413.50- 61.00 |242,870.00-131,593.50- 54.18
5200 MISCELLANEOUS 19,600.00-1,279.50- 4,089.50- 15,510.50- 20.86 |19,600.00-13,039.16- 66.53
4001 REVENUES 4,056,569.00-9,046.30-151,746.00-3,904,823.00-3.74 |3,848,026.00-144,632.66-3.76
6001 EXPENDITURES
6002 PERSONAL SERVICES 711,222.00 57,866.09 358,825.63 352,396.37 50.45 |685,781.00 326,350.40 47.59
6210 SUPPLIES 66,892.00 8,025.79 21,739.77 45,152.23 32.50 |69,832.00 16,683.31 23.89
6350 SERVICES & OTHER CHARGES 472,585.00 37,591.59 314,383.04 158,201.96 66.52 |467,741.00 305,752.70 65.37
6001 EXPENDITURES 1,250,699.00 103,483.47 694,948.44 555,750.56 55.56 |1,223,354.00 648,786.41 53.03
8001 OTHER INCOME
8100 INTEREST 1,600.00-1,600.00-|8,000.00-
8130 CONTRIBUTIONS/DONATIONS 13,100.00-3,000.00- 3,000.00- 10,100.00- 22.90 |18,600.00-3,850.00- 20.70
8001 OTHER INCOME 14,700.00-3,000.00-3,000.00-11,700.00-20.41 |26,600.00-3,850.00-14.47
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES 67.03 67.03-|
8501 OTHER EXPENSE 67.03 67.03-|
4000 REVENUES & EXPENSES 2,820,570.00-91,437.17 540,269.47 3,360,839.47-19.15-|2,651,272.00-500,303.75 18.87-
200 ORGANIZED RECREATION 2,820,570.00-91,437.17 540,269.47 3,360,839.47-19.15-|2,651,272.00-500,303.75 18.87-
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 20
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
18Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
201 RECREATION CENTER
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES 645,500.00- 138,001.09- 307,340.75- 338,159.25- 47.61 |642,500.00-335,509.88- 52.22
5200 MISCELLANEOUS 691,200.00- 28,821.75- 226,211.17- 464,988.83- 32.73 |678,200.00-278,598.73- 41.08
4001 REVENUES 1,336,700.00-166,822.84-533,551.92-803,148.08-39.92 |1,320,700.00-614,108.61-46.50
6001 EXPENDITURES
6002 PERSONAL SERVICES 765,999.00 62,818.95 323,068.68 442,930.32 42.18 |735,941.56 318,199.10 43.24
6210 SUPPLIES 167,100.00 37,908.74 90,562.35 76,537.65 54.20 |160,300.00 92,231.60 57.54
6300 NON-CAPITAL EQUIPMENT |4,832.97
6350 SERVICES & OTHER CHARGES 413,284.00 45,670.68 193,354.33 219,929.67 46.78 |411,358.00 177,982.81 43.27
7800 CAPITAL OUTLAY 12,000.00 12,000.00 |12,000.00
6001 EXPENDITURES 1,358,383.00 146,398.37 606,985.36 751,397.64 44.68 |1,319,599.56 593,246.48 44.96
8001 OTHER INCOME
8501 OTHER EXPENSE
8550 INTEREST/FINANCE CHARGES 2.28 2.28-|
8501 OTHER EXPENSE 2.28 2.28-|
4000 REVENUES & EXPENSES 21,683.00 20,424.47-73,435.72 51,752.72-338.68 |1,100.44-20,862.13-1,895.80
201 RECREATION CENTER 21,683.00 20,424.47-73,435.72 51,752.72-338.68 |1,100.44-20,862.13-1,895.80
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 21
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
19Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
202 PARK MAINTENANCE
4000 REVENUES & EXPENSES
4001 REVENUES
4100 LICENSES & PERMITS 525.00- 4,750.00-4,750.00 |4,600.00-
4300 INTERGOVERNMENTAL 22,351.00- 22,351.00 |22,351.00-
4600 CHARGES FOR SERVICES 8,700.00-526.00 1,298.50 9,998.50- 14.93- |8,700.00-1,613.35- 18.54
5200 MISCELLANEOUS 11,600.00- 10,563.14- 16,966.14-5,366.14 146.26 |10,600.00-16,829.00- 158.76
4001 REVENUES 20,300.00-10,562.14-42,768.64-22,468.64 210.68 |19,300.00-45,393.35-235.20
6001 EXPENDITURES
6002 PERSONAL SERVICES 961,356.00 88,363.76 493,983.27 467,372.73 51.38 |933,626.73 486,606.30 52.12
6210 SUPPLIES 88,700.00 6,470.12 39,579.98 49,120.02 44.62 |88,700.00 51,986.18 58.61
6300 NON-CAPITAL EQUIPMENT 4,000.00 1,473.21 1,982.01 2,017.99 49.55 |4,000.00 2,158.76 53.97
6350 SERVICES & OTHER CHARGES 316,462.00 24,772.25 121,394.66 195,067.34 38.36 |300,055.00 174,643.66 58.20
7800 CAPITAL OUTLAY 7,000.00 7,000.00 |7,000.00 30.27- .43-
6001 EXPENDITURES 1,377,518.00 121,079.34 656,939.92 720,578.08 47.69 |1,333,381.73 715,364.63 53.65
8001 OTHER INCOME
8501 OTHER EXPENSE
8580 MISC EXPENSE |95.75
8590 BANK CHARGES/CREDIT CD FEES 4.00 4.00-|7,398.10
8501 OTHER EXPENSE 4.00 4.00-|7,493.85
4000 REVENUES & EXPENSES 1,357,218.00 110,517.20 614,175.28 743,042.72 45.25 |1,314,081.73 677,465.13 51.55
202 PARK MAINTENANCE 1,357,218.00 110,517.20 614,175.28 743,042.72 45.25 |1,314,081.73 677,465.13 51.55
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 22
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
20Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
203 WESTWOOD HILLS
4000 REVENUES & EXPENSES
4001 REVENUES
4600 CHARGES FOR SERVICES 80,150.00-5,381.00- 53,061.15- 27,088.85- 66.20 |78,700.00-51,914.69- 65.97
5200 MISCELLANEOUS |374.50-
4001 REVENUES 80,150.00-5,381.00-53,061.15-27,088.85-66.20 |78,700.00-52,289.19-66.44
6001 EXPENDITURES
6002 PERSONAL SERVICES 404,679.00 30,253.89 194,637.99 210,041.01 48.10 |394,252.59 199,095.41 50.50
6210 SUPPLIES 22,650.00 1,209.05 8,328.75 14,321.25 36.77 |22,300.00 8,954.00 40.15
6300 NON-CAPITAL EQUIPMENT |200.00
6350 SERVICES & OTHER CHARGES 39,349.00 1,659.29 11,671.82 27,677.18 29.66 |35,532.00 13,465.14 37.90
6001 EXPENDITURES 466,678.00 33,122.23 214,638.56 252,039.44 45.99 |452,084.59 221,714.55 49.04
8001 OTHER INCOME
8130 CONTRIBUTIONS/DONATIONS 1,803.00-1,803.00 |3,679.42-
8001 OTHER INCOME 1,803.00-1,803.00 |3,679.42-
8501 OTHER EXPENSE
8590 BANK CHARGES/CREDIT CD FEES |349.49
8501 OTHER EXPENSE |349.49
4000 REVENUES & EXPENSES 386,528.00 27,741.23 159,774.41 226,753.59 41.34 |373,384.59 166,095.43 44.48
203 WESTWOOD HILLS 386,528.00 27,741.23 159,774.41 226,753.59 41.34 |373,384.59 166,095.43 44.48
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 23
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
21Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
204 ENVIRONMENT
4000 REVENUES & EXPENSES
4001 REVENUES
4300 INTERGOVERNMENTAL 29,500.00- 29,500.00- 29,500.00 |
4600 CHARGES FOR SERVICES 81,750.00- 19,014.62- 23,952.77- 57,797.23- 29.30 |69,450.00-68,608.19- 98.79
4001 REVENUES 81,750.00-48,514.62-53,452.77-28,297.23-65.39 |69,450.00-68,608.19-98.79
6001 EXPENDITURES
6002 PERSONAL SERVICES 99,297.00 11,531.79 65,319.64 33,977.36 65.78 |96,662.52 46,604.57 48.21
6210 SUPPLIES 17,900.00 1,833.28 8,590.15 9,309.85 47.99 |13,600.00 5,739.10 42.20
6300 NON-CAPITAL EQUIPMENT 500.00 500.00 |500.00
6350 SERVICES & OTHER CHARGES 171,285.00 45,472.29 116,606.67 54,678.33 68.08 |165,835.00 71,938.70 43.38
6001 EXPENDITURES 288,982.00 58,837.36 190,516.46 98,465.54 65.93 |276,597.52 124,282.37 44.93
8001 OTHER INCOME
8130 CONTRIBUTIONS/DONATIONS 2,000.00 2,000.00 |2,000.00
8001 OTHER INCOME 2,000.00 2,000.00 |2,000.00
8501 OTHER EXPENSE
4000 REVENUES & EXPENSES 209,232.00 10,322.74 137,063.69 72,168.31 65.51 |209,147.52 55,674.18 26.62
204 ENVIRONMENT 209,232.00 10,322.74 137,063.69 72,168.31 65.51 |209,147.52 55,674.18 26.62
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 24
7/23/2008CITY OF ST LOUIS PARK 9:07:19R5509FIN1 LOGIS005
22Monthly Financial Report Page -By Co, Dept (pb), Object
2008
20086/30/2008 <==========================================>20072008
Description
Annual
Budget
Current
Period
YTD
Actual
Budget
Balance
Per Cent
Used
|
|
Prior Year
Budget
Same Period Prior
Year YTD Actual
Per Cent
Used
205 VEHICLE MAINTENANCE
4000 REVENUES & EXPENSES
4001 REVENUES
4300 INTERGOVERNMENTAL 11,700.00-2,871.56-8,828.44- 24.54 |11,700.00-
4600 CHARGES FOR SERVICES |35,000.00-17,871.73- 51.06
5200 MISCELLANEOUS 100,661.00-100,661.00-|100,661.00-
4001 REVENUES 112,361.00-2,871.56-109,489.44-2.56 |147,361.00-17,871.73-12.13
6001 EXPENDITURES
6002 PERSONAL SERVICES 461,301.00 36,832.26 235,659.43 225,641.57 51.09 |440,063.73 214,445.98 48.73
6210 SUPPLIES 432,050.00 85,469.85 319,582.94 112,467.06 73.97 |414,100.00 221,149.61 53.40
6350 SERVICES & OTHER CHARGES 130,939.00 21,823.09 91,293.46 39,645.54 69.72 |140,210.00 78,004.20 55.63
6001 EXPENDITURES 1,024,290.00 144,125.20 646,535.83 377,754.17 63.12 |994,373.73 513,599.79 51.65
8001 OTHER INCOME
8010 TRANSFERS IN 75,000.00-75,000.00-|100,000.00-
8001 OTHER INCOME 75,000.00-75,000.00-|100,000.00-
8501 OTHER EXPENSE
8510 TRANSFERS OUT 8,981.00 8,981.00 |8,745.73 4,372.98 50.00
8550 INTEREST/FINANCE CHARGES 54.74 54.74-|
8590 BANK CHARGES/CREDIT CD FEES 31.82 31.82-|
8501 OTHER EXPENSE 8,981.00 86.56 8,894.44 .96 |8,745.73 4,372.98 50.00
4000 REVENUES & EXPENSES 845,910.00 144,125.20 643,750.83 202,159.17 76.10 |755,758.46 500,101.04 66.17
205 VEHICLE MAINTENANCE 845,910.00 144,125.20 643,750.83 202,159.17 76.10 |755,758.46 500,101.04 66.17
02000 PARK AND RECREATION 1.00 363,719.07 2,168,469.40 2,168,468.40-*********|.14-1,878,777.40 **********
Meeting of July 28, 2008 (Item No. 2)
Subject: June 2008 Monthly Financial Report Page 25
Meeting Date: July 28, 2008
Agenda Item #: 3
Regular Meeting Public Hearing Action Item Consent Item Resolution Ordinance
Presentation Other:
EDA Meeting Action Item Resolution Other:
Study Session Discussion Item Written Report Other:
TITLE:
Quarterly Investment Report (April – June, 2008).
RECOMMENDED ACTION:
No action required at this time. This is a written report for information sharing purposes.
POLICY CONSIDERATION:
None.
BACKGROUND:
Our portfolio remains focused on short term cash flow needs, but Finance has locked in some longer
term securities in order to bridge the current downturn in interest rates. Rates may continue to fall
as the Federal Reserve makes an effort to keep the economy out of a recession.
As of June 30, the balance in the city’s money market funds is higher than usual because we have not
invested all of the tax settlement funds received from Hennepin County at the end of the month.
We look at cash flow needs prior to investing most of our settlement funds in order to cover the
larger contract payments paid out over the summer construction season. We also need to cover
normal cash flow needs – payroll and general expenses
A benchmark rate of return has not been established by our investment policy. Cities generally use a
short horizon benchmark such as the two year Treasury (2.63% at 6/30 up from 1.62% at 3/31) or
some similar measure. Our current portfolio yield is roughly 3.75%. This is calculated by taking
the yield times the current value for each investment and dividing the resulting amount by the total
portfolio value. Our primary money market investment is the 4M Fund. It currently yields an
average of 2.28% with daily withdrawal privileges. We need to be careful since our budget assumes a
4% return. While most of our actual investment purchases have been at rates greater than 4%, the
money market does drag down overall portfolio yield. With the drop in interest rates, it will be close
a close call as to us making that 4% rate of return.
6/30/08 3/31/08
<1 Year 39% 42%
1-2 Years 4% 6%
2-3 Years 8% 5%
>3 Years 49% 47%
Meeting of July 28, 2008 (Item No. 3) Page 2
Subject: Quarterly Investment Report
Most of our recent purchases are callable agency bonds. They typically have reasonable interest rates
for the final maturity date, but are callable in six months to a year. This effectively reduces the
average life of our investments, since we expect most of these securities to be called. We need to be
careful though – if inflation and interest rates jump up dramatically, we will be stuck holding these
bonds at low interest rates.
Investment totals by type are:
Sharp readers may notice that it looks like we are investment geniuses since virtually all of our
purchases increased dramatically in value. Unfortunately this is due to a Finance 101 phenomena:
bond values vary inversely with changes in interest rates. If interest rates go down, then the value of
the bond increases. However, since our policy is to hold these investments until they mature those
gains will be amortized until they reach zero at maturity and we will get back the face value of the
bonds. Overall, the City is probably still better off with this policy approach.
FINANCIAL OR BUDGET CONSIDERATION:
None at this time.
VISION CONSIDERATION:
Not Applicable.
Attachments: City Quarterly Investment Report
Economic Development Authority Quarterly Investment Report
Prepared by: Bruce DeJong, Finance Director
Approved by: Tom Harmening, City Manager
Commercial Paper $5,489,975
Agency Bonds/CD’s $43,286,145
Money Market $17,307,476
City of St. Louis Park
Investments - City
June 30, 2008
Institution Allocation Main Type Maturity Yield Basis
Market Value
6/30/08
Unrealized
Gain or (Loss)
4M City MM 2.28%2,850,789.38
4M Police/Fire MM 2.28%254,703.69
4M LA Court MM 2.28%1,134.37
Citigroup/Smith Barney City FHLB 12/17/2012 4.50% 1,000,000.00 1,005,310.00 5,310.00
Citigroup/Smith Barney Police/Fire FHLB 11/21/2011 5.10% 993,130.00 1,015,940.00 22,810.00
Citigroup/Smith Barney Police/Fire FHLB 05/20/2013 4.00% 1,000,000.00 991,560.00 (8,440.00)
Citigroup/Smith Barney Police/Fire FNMA 12/15/2008 3.38% 741,575.70 767,868.75 26,293.05
Citigroup/Smith Barney Police/Fire FFCB 08/25/2009 4.75% 745,312.50 765,472.50 20,160.00
Citigroup/Smith Barney City FHLB 01/04/2012 5.00% 1,000,000.00 1,021,880.00 21,880.00
Citigroup/Smith Barney City FHLB 10/26/2011 5.25% 1,000,310.00 1,023,130.00 22,820.00
Citigroup/Smith Barney City CP 7/3/2008 2.44% 1,499,000 1,499,685.00 685.00
Citigroup/Smith Barney City CP 8/1/2008 2.54% 1,495,938 1,496,550.00 612.50
Citigroup/Smith Barney City CP 7/18/2008 2.49% 1,497,448 1,498,080.00 632.08
Citigroup/Smith Barney Police/Fire Cash 91.66
11,085,567.91 112,762.63
Prudential/Wachovia City Fannie Mae 6/3/2013 4.13% 1,624,028 1,628,555.50 4,527.97
Prudential/Wachovia City FHLMC 09/08/2011 5.50% 1,004,841 1,002,280.00 (2,561.00)
Prudential/Wachovia Police/Fire CD 1/7/2009 4.55% 95,000 95,000.00 -
Prudential/Wachovia Police/Fire CD 1/9/2009 4.45% 95,000 95,000.00 -
Prudential/Wachovia Police/Fire CD 1/9/2009 4.55% 95,000 95,680.20 680.20
Prudential/Wachovia Police/Fire CD 1/12/2009 4.60% 95,000 95,747.65 747.65
Prudential/Wachovia Police/Fire CD 1/16/2009 4.50% 95,000 95,706.80 706.80
Prudential/Wachovia Police/Fire Cash 1.34%26,605.09
3,134,575.24 4,101.62
Paine Webber MM Police/Fire MM 2.05%120,095.29
Paine Webber MM City MM 2.14%784,839.52
904,934.81 -
Sterne, Agee & Leach Inc City FHLB 02/12/2010 5.00% 1,067,800.00 1,067,150.00 (650.00)
Sterne, Agee & Leach Inc City FHLMC 02/27/2009 5.05% 997,090.00 1,009,220.00 12,130.00
Sterne, Agee & Leach Inc City FHLB 8/27/2012 5.05% 1,000,000.00 1,032,440.00 32,440.00
Sterne, Agee & Leach Inc City FNMA 6/22/2011 5.50% 1,943,502.93 1,959,072.00 15,569.07
Sterne, Agee & Leach Inc City FHLB 10/29/2012 4.03% 1,030,220.00 1,030,240.00 20.00
Sterne, Agee & Leach Inc City FHLB 7/23/2012 4.15% 1,055,967.50 1,043,280.00 (12,687.50)
Sterne, Agee & Leach Inc City FNMA 03/18/2013 3.96% 1,000,000.00 972,530.00 (27,470.00)
Sterne, Agee & Leach Inc City FNMA 2/26/2013 3.05% 1,022,042.50 995,740.00 (26,302.50)
Sterne, Agee & Leach Inc City FHLB 08/27/2012 2.81% 1,063,802.78 1,037,600.00 (26,202.78)
Sterne, Agee & Leach Inc City FNMA 01/04/2013 2.77% 1,041,215.83 998,410.00 (42,805.83)
Sterne, Agee & Leach Inc City FNMA 5/28/2013 4.05% 999,000 994,050.00 (4,950.00)
Sterne, Agee & Leach Inc City FNMA 6/24/2013 4.00% 1,000,000 1,000,000.00 -
Sterne, Agee Cash Trust City MM 1.61%1,381,876.50
14,521,608.50 (80,909.54)
Wells Fargo City Fr Mac Note 02/02/2012 5.40% 1,500,000.00 1,518,795.00 18,795.00
Wells Fargo City FHL 12/19/2011 4.65% 1,000,000.00 1,006,880.00 6,880.00
Wells Fargo City FHLMC 07/01/2008 4.00% 61,561.80 68,072.78 6,510.98
Wells Fargo City FHLMC 03/01/2009 3.50% 549,702.92 579,044.48 29,341.56
Wells Fargo City Fr Mac Note 01/09/2012 5.30% 1,000,000.00 1,009,760.00 9,760.00
4,182,552.26 71,287.54
Meeting of July 28, 2008 (Item No. 3)
Subject: Quarterly Investment Report Page 3
City of St. Louis Park
Investments - EDA
June 30, 2008
Institution Allocation Main Type Maturity Yield Basis
Market Value
6/30/08
Unrealized
Gain or (Loss)
4M EDA MM 2.28%7,124,626.14
Citigroup/Smith Barney EDA CP 8/28/2008 2.59% 989,458.33 995,660.00 6,201.67
Citigroup/Smith Barney EDA FHLB 09/29/2010 5.38% 1,001,560.00 1,005,940.00 4,380.00
Citigroup/Smith Barney EDA FHLMC 11/24/2010 5.13% 996,220.00 1,008,280.00 12,060.00
Citigroup/Smith Barney EDA FHLB 12/22/2010 5.05% 994,380.00 1,009,060.00 14,680.00
Citigroup/Smith Barney EDA FHLB 10/27/2011 5.38% 999,060.00 1,007,190.00 8,130.00
Citigroup/Smith Barney EDA FHLBC 5/14/2013 4.15% 1,000,000.00 981,560.00 (18,440.00)
Citigroup/Smith Barney EDA FHLMC 6/10/2013 4.40% 1,000,000.00 999,620.00 (380.00)
Citigroup/Smith Barney EDA FHLBC 6/11/2013 4.38% 998,750.00 999,690.00 940.00
Citigroup/Smith Barney EDA FHLMC 7/2/2013 5.00% 1,000,000.00 1,014,110.00 14,110.00
Citigroup/Smith Barney EDA FHLB 12/27/2012 4.88% 500,270.83 502,500.00 2,229.17
Citigroup/Smith Barney EDA FHLBC 7/30/2013 4.00% 1,000,000.00 976,250.00 (23,750.00)
Citigroup/Smith Barney EDA FFCBC 2/13/2013 3.90% 1,000,000.00 988,440.00 (11,560.00)
Citigroup/Smith Barney EDA FHLMC 8/19/2013 4.10% 1,000,000.00 989,280.00 (10,720.00)
Citigroup/Smith Barney EDA FHLMC 12/19/2011 3.50% 1,000,000.00 987,830.00 (12,170.00)
13,465,410.00 (14,289.16)
Sterne Agee EDA FNMA 1/18/2013 3.85% 1,004,210.00 996,460.00 (7,750.00)
UBS/Paine Webber EDA FHLB 2/13/2012 5.40% 1,000,000.00 1,014,380.00 14,380.00
UBS/Paine Webber EDA MM 2.05%4,762,714.11
5,777,094.11 14,380.00
Wells Fargo EDA FHLMC 11/03/2009 5.11% 748,800.00 756,330.00 7,530.00
Wells Fargo EDA FHLB 07/20/2012 5.70% 1,000,000.00 1,027,810.00 27,810.00
1,784,140.00 35,340.00
GRAND TOTAL 66,083,596.41 134,923.09
Meeting of July 28, 2008 (Item No. 3)
Subject: Quarterly Investment Report Page 4