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HomeMy WebLinkAbout09 - Interfund CITY OF BROOKLYN CENTER ADMINISTRATIVE SERVICES /ENGINEERING /STORM SEWER TRANSFER ALL FUNDS - DETAIL 12/31/2008 FUND NAME ACCOUNT /DESCRIPTION IN OUT MAJOR FUNDS: GENERAL FUND: 6471 Administrative Service Transfer 447 - 6472 Engineering Service Transfer 255 - 6473 Storn Sewer Transfer 99 - TAX INCREMENT DISTRICT NO. 3 6472 Engineering Service Transfer - 628.26 INFRASTRUCTURE CONSTRUCTION FUND: 6472 Engineering Service Transfer - 250,504.62 ENTERPRISE FUNDS: MUNICIPAL LIQUOR 6471 Administrative Service Transfer - 34 6471 Administrative Service Transfer - 17 GOLF COURSE 6471 Administrative Service Transfer - 6 EARLE BROWN HERITAGE CENTER 6471 Administrative Service Transfer - 67 WATER UTILITY 6471 Administrative Service Transfer - 61 6472 Engineering Service Transfer - 226.02 SANITARY SEWER UTILITY 6471 Administrative Service Transfer - 95 STORM SEWER UTILITY 6471 Administrative Service Transfer - 47 6473 Storn Sewer Transfer - 99 NONMAJOR FUNDS: SPECIAL REVENUE FUNDS: ECONOMIC DEVELOPMENT AITHORITY 6471 Administrative Service Transfer - 56 CAPITAL PROJECT FUNDS: 6472 Engineering Service Transfer - 4 ENTERPRISE FUNDS: RECYCLING AND REFUSE 6471 Administrative Service Transfer - 14 STREET LIGHT UTILITY 6471 Administrative Service Transfer - 14 INTERNAL SERVICE FUNDS: CENTRAL GARAGE 6471 Administrative Service Transfer - 31 TOTAL ALL FUNDS 802 802,774.99 CITY OF BROOKLYN CENTER ADMINISTRATIVE SERVICES /ENGINEERING /STORM SEWER TRANSFER ALL FUNDS - DETAIL 12/31/2008 FUND NAME ACCOUNT /DESCRIPTION IN OUT These are not reported as transfers, rather as contra - expenditure in General Fund and expenditures/ expenses in all other funds. Administrative Service Transfer 447 Storm Sewer Transfer 99 Engineering Service Transfer 255 802, 774.99 CITY OF BROOKLYN CENTER INTERFUND RECEIVABLES AND PAYABLES ALL FUNDS - DETAIL 12/31/2008 FUND NAME ACCOUNT /DESCRIPTION From To MAJOR FUNDS: ENTERPRISE FUNDS: MUNICIPAL LIQUOR 1305 Due from other funds 135 - STORM DRAINAGE UTILITY Interfund receivable (for negative cash) 4 - GOLF COURSE 2610 Advances from Other Funds - 792 NONMAJOR FUNDS: SPECIAL REVENUE FUNDS: EDA Interfund receivable (for negative cash) 11 - CDBG Interfund payable (for negative cash) - 11 CAPITAL PROJECTS FUNDS: CAPITAL IMPROVEMENTS 1550 Advances to Other Funds 792 - 2210 Due to other funds 135 ENTERPRISE FUNDS: RECYCLING AND REFUSE Interfund payable (for negative cash) - 4 TOTAL ALL FUNDS 942,957.00 942,957.00 Engineering Service Transfer Transferred Project Wages as of 01/13 Remaining 2006 -01 230.71 - - Project closed 12/31/07 2007 -01 1 - 1 Project OPEN 2007 -05 8 8 - Project closed 12/09/08 - posted after 2007 -11 2 - 2 Lift Station #2 Force Main 2008 -01 113,788.22 - 113,788.22 Maranatha 2008 -05 83,528.51 - 83,528.51 Xerxes 2008 -10 4 - 4 Shingle Creek Trail Imps 2008 -11 295.99 - - Centerpoint Fence 2008 -16 275.33 - - Automated Meter Reading 2009 -01 23,104.68 - 23,104.68 Aldrich 2009 -05 17,012.05 - 17,012.05 Shingle Creek 2009 -11 226.02 - 226.02 Centerbrook Watermain Fiber West Fire 233.96 - - Technology Fund Fiber East Fire 83.14 - - Technology Fund GSA /FBI Site 628.26 - 628.26 08464314 - TI F 3 8 247 Engineering Service Transfer 255 Shelley Schwaninger's wages: Water 16,178.65 Sewer 16,178.65 Storm 21,571.51 53,928.81 Total reimb to General Fund 309,473.56 Mr"F City of Brooklyn Center Centerbrook Cash Flows & Debt Payments 2007 through 2016 YEAR 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Notes: Beginning Cash Balance 81 50 8 27 39 43 45 48 45 39 Annual Operating Cash (7,900) (42,695) 37 38 39 40 41 43 44 45 increases by 3% per year Interest Income 3 870 371 1 1 1 2 2 2 1 beginning cash earning 4 1/2 % return Capital Expenses (26,475) (500) (18,500) (27,000) (24,900) (16,000) (15,500) (21,000) (25,000) (10,000) from schedule Annual Cash Produced - (30,930) (42,325) 19 12 16 26 28 24 21 37 Ending Cash Available 89 50 8 27 39 55 70 74 72 67 76 Beginning Balance plus Annual Cash Produced Reserve Requirement 81 69 59 59 50 43 45 48 45 39 47 calculated below Debt Payment 7 (18,930) (51 (32,065) (10 12 24 25 27 28 29 ending cash available less reserve requirement Debt Balance Owed EOY 792 792 792 792 792 780 755 730 703 675 645,952 amount owed at the end of each year to CIF Calculation of Reserve Requirement: Capital Reserve Balance 49 37 26 25 16 8 10 12 8 1 8,600 Beginning CR Balance +17,500 per year - capital expenses Operating Reserve Requirement 32 32 33 33 34 35 35 36 37 38 38,841 increases 2% per year 81 69 59 59 50 43 45 48 45 39 47 Golf Course payment to CIF CITY OF BROOKLYN CENTER TRANSFERS IN AND OUT ALL FUNDS - DETAIL 12/31/2008 added for FUND NAME eliminated as capital asset ACCOUNT /DESCRIPTION IN OUT intra- activity transfers MAJOR FUNDS: GENERAL FUND: 6482 Misc Transfers Out - (5,000.00) 5 - SPECIAL REVENUE FUNDS: TIF DISTRICT #3 6474 Debt Service Fund Transfer - (462,060.80) 462 - 6482 Misc Transfers Out - (781,122.41) 781 (1,224,308.00) (1,224,308.00) GW -G out DEBT SERVICE FUNDS: GO IMPROVEMENT BONDS 4915 -7 Transfers in from Debt Service Fund (310,541.96) - 4915 -7 Transfers in from Debt Service Fund 310541.96 - CAPITAL PROJECT FUNDS: INFRASTRUCTURE CONSTRUCTION 4915 Transfers In 781 - (781,122.41) - 4915 Transfers In 50,175.00 - 50 GW -G in (233,100.00) (233,100.00) GW -G out ENTERPRISE FUNDS: (329,577.00) (329,577.00) GW -G out MUNICIPAL LIQUOR 6476 Capital Project Fund Transfer - (135,000.00) (135,000.00) GW -B out EARLE BROWN HERITAGE CENTER 6476 Capital Project Fund Transfer - (235,000.00) (235,000.00) GW -B out STORM DRAINAGE UTILITY 326 326 GW -B in 4915 Transfers In - - 1,224,308.00 1,224 GW -B in 233 233,100.00 GW -13 in CITY OF BROOKLYN CENTER TRANSFERS IN AND OUT ALL FUNDS - DETAIL 12/31/2008 added for FUND NAME eliminated as capital asset ACCOUNT /DESCRIPTION IN OUT intra- activity transfers NONMAJOR FUNDS: SPECIAL REVENUE FUNDS: HRA FUND 6481 EDA Fund Transfer - (299,857.57) 299 - ECONOMIC DEVELOPMENT AITHORITY 4915 -3 Transfers In from HRA Fund 299 - (299,857.57) - 6482 Misc Transfers Out - (1,317.00) 1 - TAX INCREMENT DISTRICT NO. 4 4915 Transfers In 1 - (1,317.00) - CITY INITIATIVES GRANT 4915 Transfers In 5,000.00 - (5,000.00) - DEBT SERVICE FUNDS: GO TIF BONDS 2004B GO TIF REF BONDS 4915 -5 Transfer in from TIF3 462 - (462,060.80) - CAPITAL PROJECTS FUNDS: CAPITAL IMPROVEMENTS FUND 4915 -1 Transfers from Liquor Fund 135,000.00 - 135 GW -G in EBHC CAPITAL PROJECT FUND 4915 Transfers In 235 - 235 GW -G in (326,415.00) (326,415.00) GW -G out ENTERPRISE FUNDS: STREET LIGHT UTILITY 329 329 GW -B in 6482 Misc Transfer Out - (50,175.00) (50,175.00) GW -B out TOTAL ALL FUNDS 1 (1 -