HomeMy WebLinkAbout7B - 1998 EDA Budget Issues
AGENDA #:
PREPARED BY:
SUBJECT:
DATE:
BACKGROUND:
DISCUSSION:
STAFF AGENDA REPORT
7B
FRANK BOYLES, CITY MANAGER
DISCUSS 1998 EDA BUDGET ISSUES.
JULY 21, 1997
The Bylaws for the Economic Development Authority
provide that "the authority shall prepare an annual
budget projecting anticipated expenses and sources of
revenue. The Annual Budget shall be prepared and
submitted to the City Manager of the City of Prior Lake by
September 1 of each year." Draft budgets have been
prepared by each department and are presently being
reviewed. Attached is a draft of the Economic
Development Authority Budget for 1998 which mayor
may not reflect concerns of the Prior Lake Economic
Development Authority. For example, the budget does not
include the forty dollar per meeting per diem which EDA
Commissioners are eligible for. Consequently, $2,400
should be added to this budget to reimburse EDA
Commissioners for attendance. The first budget on page
32 is a comparison showing the EDA budget from 1995
through proposed budget 1998 including expenditures for
40% of the year in 1997. The second two pages labeled 64
and 65 are a detailed breakdown for each budgetary item..
EDA Commissioners should review the budget and
determine if additional issues should be addressed by the
budget document for 1998. Revisions will be made
accordingly and submitted to the City Council as part of
the overall 1998 budget process.
The EDA will have a checking account of $51,000, which
represents the down payment for the recent land sale of
1. 78 acres. This fund together with similar funding
received for future land sales will be within the control of
the Economic Development Authority.
16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER
-....,'......
-...., , , ~
":"".,
Cl
ill
CXlCl)
0>0
0>0.
.....0
0:::
0.
I-
I""-ill
0>0
O>Cl
.....::::>
CD
~
di>-
O>'#,
.....0
'<t
CI)
ill
...Jll::
<(::::>
<O::)!::
~I-Cl
.....UZ
<(ill
0.
X
ill
CI)
W
...JO:::
::)
I.O<(!::
~~Cl
.....UZ
<(w
0.0
Xo
wg
'<t
I-
Z
w
:::!!:
D-
O
..J
W
>
W
C
S:2
:::!!:
o
z
o
()
W
alS
Z
<(
In
~
~
000000000
C!0C!C!0C!00C!
..... 1""-00> Lrioooo
OCXlCXlN'<tNC'1 0
NI""-O>NN .....
Lei .....
.....
000000000
00C!C!00C!C!0
1.00CXlC'1LriOI.OI.OI.O
O>O<OO<OI.OC'11"--C'1
C'1. <0 CXl N '<t
C'1
.....
000000000
C!0C!C!0C!0C!C!
1.0 C'1 <0 <oLri..... (\').....0>
I.OI.O<OCXlON C'1'<t
<0. N C'1 N
1.0
000000000
C!0C!00C!0C!C!
<O'<tC'1NC'1NC'11.01.O
1""-0 <000> 1.OC'1I""-N
'<to <0 CXl N '<t
C'1
.....
000000000
C!0C!C!C!C!C!C!0
<0 '<t <0 C'1 0>..... 1.000>
NI.OI.OI.OO><O
.....'<t<O .....
o
.....
o
o
It)
CQ
~
....
co
"S
Cl en
Q) C
0::: 0
en ~
Q)enen.o
en ~ 5 C .;::
~o:;::;oc~~
'-a.;:,:;::occQ)
C:~~~~~~g
Q)ocO:::enen~
EUo<('sc;:,
.- <( U U .s:: co ~
~ffi(3@~~2
o.U-o.iL:2:ICl:.::i
..........NC'1.....NC'1
ONNNC'1C'1C'1
T-T-T-T- ~
-
t:
ell
E
c.
o
a;
>
ell
Q
(,)
'E
o
t:
o
(,)
w
Q)
(,)
C
co
....
;:,
en
C
C
.2
Q)ro
(,) en
C C
co Q)
.... 0-
;:, E
en 0
Cu
~en
::: Q)
-g-.=
en 0
153:
'<t.....
C'11.O
.....
o
C!
N
0>
<0.
CXl
.....
00000000
C!C!C!C!OOOO
00000000
0001.01.0001.0
'<t o. o. I""- N. <0 '<t I""-
'<t CXl o. .....
..... .....
o
o
<0
N
1""-.
1.0
00000000
oOCloooC!o
00000000
NOOI.OI.OOOO
'<t 0 o. I""- N <0 '<t o.
'<tCXlO
o
C!
0>
I""-
<0.
<0
00
0C!
Lrio
o
C'1
000000
C!C!C!0C!C!
OONOOI.O
00<01.01.0
0.1.0. NN
0> I""-
o
C!
(\')
N
CXl.
1.0
.....
00
C!C!
<O'<t
ON
'<tC'1
00
C!C!
00
o I""-
o
000
..... .....
0000
ClOC!C!
1.00(\')00
'<tI.OI.ON
.....'<t'<tN
o
C!
C'1
CXl
<0.
.....
.....
00000000
OC!C!OC!OC!C!
NI""-OI""-'<tC'1'<tCXl
0'<t0 1.0<0 <0 0> 1.0
'<t 0>. O. ..... '<t .....
'<tCXl
en
Q)
(,)
.~
Q)
CI)
CO
c:
o
en
....
Q)
0.
CO
"0
I-
C
.9 CO
E "S ....
.... en Q)
o C C
U- 0 Q)
co-CU0
Q) Q)
C c en en
Q) .;:: ~ ~
o 0. .~ .~
en en Q) Q)
.~ .~ CI) (j)
a. a. CO CO
XO-o.CC
ill ;:, ;:, 0 0
CI) CI) '00 '00
Q) Q) en en
(,) u 2 2
....!E!Eoo
000:0:
.....C'1C'1'<t
00..........
NNC'1C'1
en
C
.2
c..
';::
U
en
.0
;:,
CI)
~~
en Q)
Q) C
;:, Q)
Cl0
en
Q)
u
C
Q)
....
$?Q)Q)Q)
C U CI) en
o c: c: c:
" co Q) Q)
'-'3:0.0.
~.Q~~
Q)~
> ....
co co
~U
.....'<t
C'1 C'1
C'1 C'1
u U
en en
~~
C'11""-
C'1C'1
'<t'<t
1:D
o
C!
o
1.0
.....
o
q
N
'<t
CXl.
'<t
1.0
<0
C'1
o
Cl
o
N
'<to
<0
C'1
o
o
<0
'<t
N
1.0
o
C!
N
CXl
C'1
I""-
o
C!
.....
<0
o.
'<t
N
o
C!
<0
I""-
o
C!
0>
0>
0>.
1.0
'<t
o
C'1
o
o
1.0
CXl
C'1
1.0
N
N
C'1
Q)
Cl
co
0.
o
o
CXl
<0
o.
I""-
C'1
en
Q)
en
c:
Q)
0.
X
ill
-
t:
ell
E
c.
o
a;
>
ell
C
.~
E
o
t:
o
(,)
w
CIJ
-
o
I-
-
C
Q)
....
....
;:,
U
CO
"0
I-
. I
1[;
.........
~-,,~
..-
o
N
l()
..-
.....
CX)
.....
o
CX)
(J)
N
N
l()
'<t
N
o
N
..-
o
C">
o
o
N
(J)
co
CX)
..-
- M'<t
~ctlO
c-CX)
cctlci
<((/)co
~
'<:t
co
Q)
Ol
ro
a..
"OIC">
Ci::N
Q)::l .
~ 0 ~
~ ~
>-
(/)
w
<J
:>
0::
w
(/)
-I
<(
Z
o
(/)
0::
w
a..
-I
<(
~
o
~
o
o
o
CD
'iii'
~
Z
w
:::!E
D..
o
-I Q)
W u
> 0 C
W 0 ~ ctI
C ~ ~ ~
(,) 'iii' C, Ul .s
:i 'E & C5 .~ C
o Q) Ul ti c "5 .2
~ E Q)~:8 ~~ Ul.o~ ro
(..) g. ~O ~ oCX) c~ :5l() Q) Q) ~
W ~ ~0l0 ~~ ~~ g~ u u ~
~ ~ ~j~ ii ~~ ~~ I I i 8
z'~ E~~ u~ 8~ UU ~ ~
~ g i= ~ <( Ci ~ ~ C ~
l:t: 8 "S w ~ W Q) Q) ~ 0
__~ _ _~ _ _ _ _ _~ _ _ _ _ A _ _ _1;:-_ _ _.,;E_ __ _~ __~ _ _~_~ _ --
"OJ.....
C - co
Q) ;; 0
I C -
tiio~
Q)
>-
~I
~
~
EI
~ ~ ~ ~
. ,
_.)
000
000
NC"lLn
fhfh~
fh
0000
LnOOO
~T"""LOO
fhfhfhc5
....
fh
LnOOLn
r--OLnN
fhN~Ln
fh fh fh
00
OLn
LnN
fh fh
LnLnO
NNLn
.... .... ....
fh fh fh
Ul
Q)
a.
~ Ul
~ Q) e:
._ :t: ,Q
c..Q) a.
o.!Ul Ul ~
~~~ a. U
-gUlUU ~ ~ 0 ~
~ ~ ~ ~ B ~ ~25 ~ ~ 8-
~=coo e:_ ~o 0 ~x
:t: .0..0 Ul~~~ :;:::~ ~ ~ 3= ~ ....W
~~~€ Ee:-~ ~fh .... 0 ~ ~Q) ~~
ui g-':;. .... ~ ai 2 ~ ~ ~ ~ ~ Q) ~ ~ Q) Q)
~-~~ f~EEco OQ) Q)Q) OJ Q)e:E OQ) 0,Oe:'
~coQ)e:co (jjo. ()E 0.c: Ule: EQ)o. 'E
~ o.~.Q-; -g ~.Q~ '>- ,.g 0'0, o.~.Q ~ Q) E 518
e:~Q)ue: c~.e:_Q)e: ~.Q UlO ~~ ~.Qc~ ~ ~()o Ul e:wUl
Q)OJuiQ)- ~ ~o uo. ~~ w_ uQ)oQ) Ln w ~ Q)>-~
0~e:~~ ~i~~ -E --OQ)co e:~u~ ~ 0._ 0 0.-0
,~~8co '~uE ~Q) ~E~_o. ~o~u~ ~~ ~ ~~~
~ co . ui E ~ ~ 'E e (/') u ~ ::g >< ~ !:!:: ~ () :e 'E ~ Q) 0 Ul Q) ~ Ul 0 co
~e:~""OJ ~EOo. -~ =~Q)C e:0()0~ uE o~.oE~Q) ~()~
0.0. ,Q '(3 !Il .5 0.0. E e: <( co -e: ~ 0 0 - ~ 0 W e: <( 5 25 "' _ <( u 0 :t:
_e:W~ 0 e: e:~u.co ():;;o wo w", Ul Q)ou
~~Q)~~ ~ouO 00 o-zQ)O ~()~uO 3=N e:.c:0- e:u~
Ulo.Q)CO (/')()WW j() j~_~m (/')(/')WW.Qfh ~()W~ ~(/')~
~ ~ ~ ~ ~ ~ ~ ~ ~
--~--~--------~------~---~--------~--------~---~-------~---------
~I
~
~
~I
~
~
~
6
1JJ
(/')
W
(/')
Z
W
a..
><
W
I-
Z
W
~
~
:::l
()
...J
~
o
I-
I-
Z
W
~
a..
o
...J
W
>
W
o
~
~
o
z
o
()
W
...J
~
o
I-
lO
co
Q)
OJ
co
~