Loading...
3f. Approved Year End Closings and Transfersr I MEMORANDUM CITY OF � CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 ' DATE: May 9, 1994 TO: Don Ashworth, City Manager ' FROM: Tom Chaffee, Finance Coordinator SUBJECT: 1993 Year -End Audit Fund Closings and Transfers In accordance with Minnesota statutes and City policy, I have compiled the attached lists of proposed fund closing and cash transfers necessary to complete the audit process for 1993. We ' have tried to maintain conformity with past years presentations and yet combine entries, where possiJe, for ease in reading /understanding. ze The fund closings must be approved by the City Council as required by law. The transfers are inc=luded primarily for ' informational purposes as whey are generally transactions which have been previously authorized by the Council as part of an adopted report such as the budget, debt study report and ' various TID financial analysis reports. The complete detailed documentation of ea6l% transaction reflected on the attached , ' I i s,t ,-has been comp i 1 ed a * i 1 1 natural 1 y be examined by the City auditors and adjusted 'where necessary, to properly record these items `in the City �4nnual F, Report for 1993. u *Administrative Charges Approximate Balance (3,694.95) (74,201.60) 1,976.26 (9,339.85) (919.34) (148.16) (11,520.74) (14,703.49) (171.22) 335,314.28 (40,020.12) (32,381.44) (22,930.15) (11,006.21) 1993 FUND CLOSINGS Fund To Close 414 Herman Field Park 450 City Center Develop. 474 Market Square 625 Market Square Improv. 637 West 79th Street 643 Frontier Trail 646 Park Place, Phase 2 651 South Hwy. 101 653 Dell Road North 478 Target Project 614 TH 5 & Lone Cedar 621 TH 101 Turn Lanes 664 Entry Monuments 906 Lake Riley Hills Proceeds /Deficit To 410 Park Acquisition & Dev. 661 West 78th St. Alignment 661 West 78th St. Alignment 661 West 78th St. Alignment 661 West 78th St. Alignment 400 Capital Proj. Admin. 460 HRA 665 Hwy 101 So: Realignment 467 Economic Dev. District 661 West 78th St. Alignment 415 MSA 415 MSA 661 West 78th St. Alignment 617 Lake Riley Trunk Water 1993 OPERATING TRANSFERS 1993 Transfer From Transfer To Reference 60,000.00 710 Sewer/Water Exp. 405 Lake Ann Park Shelter 1993 Budget 75,000.00 710 Sewer/Water Exp. 417 Lake Ann Irrigation 1993 Budget 120,395.00 710 Sewer/Water Exp. 725 Water Revenue Bonds 1993 180,000.00 400 Capital Project Adm 458 City Hall Expansion 1993 Budget 21,000.00 211 Environmental Prot. 720 Surface Water Mgnt. 1993 Budget 395,000.00 101 General Fund 950 Vehicle /Equip. Maint 1993 Budget 380,000.00 101 General Fund 458 City Hall Expansion 1993 Budget 50,000.00 *460 HRA 101 General Fund 1993 Budget 20,000.00 *468 McGlynn TID 101 General Fund 1993 Budget 5,000.00 *800 Historic Trust 101 General Fund 1993 Budget *Administrative Charges Approximate Balance (3,694.95) (74,201.60) 1,976.26 (9,339.85) (919.34) (148.16) (11,520.74) (14,703.49) (171.22) 335,314.28 (40,020.12) (32,381.44) (22,930.15) (11,006.21) 1993 FUND CLOSINGS Fund To Close 414 Herman Field Park 450 City Center Develop. 474 Market Square 625 Market Square Improv. 637 West 79th Street 643 Frontier Trail 646 Park Place, Phase 2 651 South Hwy. 101 653 Dell Road North 478 Target Project 614 TH 5 & Lone Cedar 621 TH 101 Turn Lanes 664 Entry Monuments 906 Lake Riley Hills Proceeds /Deficit To 410 Park Acquisition & Dev. 661 West 78th St. Alignment 661 West 78th St. Alignment 661 West 78th St. Alignment 661 West 78th St. Alignment 400 Capital Proj. Admin. 460 HRA 665 Hwy 101 So: Realignment 467 Economic Dev. District 661 West 78th St. Alignment 415 MSA 415 MSA 661 West 78th St. Alignment 617 Lake Riley Trunk Water 1 1993 DEBT SERVICE TRANSFERS FROM 460 HRA - $ (3,592,292.00) ' FUND AMOUNT TO: 317 1988 G.O. /TID Series 1 289,559.00 ' 318 1988 G.O. /TID Series 2 87,257.00 322 1989B TID Bonds 95,000.00 309 Adv. TID Ref. Bonds, 1983 800,909.00 327 1991 G.O. TID Bonds 273,315.00 ' 311 G.O. TID Bonds 1992 140,470.00 329 TID Bonds of 1993 315,763.00 330 TID #1 Bonds of 1993B 250,000.00 ' 315 1987 G.O. TID Bonds 416,477.00 320 1988 G.O. Improvement Bonds 665,542.00 321 1989A G.O. Improvement Bonds 258,000.00 ' FROM 468 MC GLYNN TID - $ 266,000.00 TO: 319 1988 G.O. /TID Series 3 150,000.00 ' 328 1991 TID Bonds 116,000.00 INTEREST EARNINGS /EXPENSE RE- ALLOCATION ' FROM 460 HRA - $ (147,059.37) ' 309 Adv TID Ref Bonds, 1983 21,031.41 311 G.O. TID Bonds 1992 2,664.95 315 1987 G.O. TID Bonds 31,928.52 317 1988 G.O. /TID Series 1 3,900.15 ' 318 1988 G.O. /TID Series 2 1,284.70 320 1988 G.O. Improvement Bonds 13,856.80 321 1989A G.O. Improvement Bonds 29,880.23 ' 322 1989B TID Bonds 4,770.10 327 1991 G.O. TID Bonds 23,066.84 328 1991 TID Bonds 9,017.67 329 TID Bonds of 1993 5,658.00 '