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07. Special Revenue Funds - Community DevelopmentS`TECEAL RE,VETIJUE FUN', r3 Page Fund Dept COMMUNITY DEVELOPMENT 36 2880 CD Revolving Loan $ 1023000 37 2881 CD Revolving Loan 42 $ 1505000 3 8�3 9 2886 CD Miscellaneous $ 23309 40 2887 Rural Development Revolving Loan $ 222,074 41 2888 Rural Development Revolving Loan $ 160X5 42 2944 CDBG Fairgrounds ADA Grant $ 150A69 3 2953 EPA Brownfields Assessment Grant $ 3789058 44 2955 EPA Brownfelds Revolving Loan $ 587.1424 45 2991 Tiger Grant $ 18,107,000 46 2994 Ridsport Grant $ 11302,724 $ 211393,643 I I COMMUNITY DEVELOPMENT -REVOLVING FUND FUND: 2880-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash, Operating 10162 Cash, Reserve for investment (S&C) REVENUES 373020 Loan Proceeds/Principal 373010 Loan Proceeds/ -Interest 371010 Interest Earnings (inc S&C. interest) Total Revenue Total Available EXPENDITURES 353 Auditing 354 Contract Services 711 Redevelopment Total Expenditures ENDING CASH 10100 Cash., Operating 10162 Cash, Reserve for investment 6% of o/s prin Total Cash I ACTUAL I BUDGET I I ACTUAL I BUDGET FY15/16 FY16/17 FY16/17 FY17/18 $138,485 $157,433 $157,433 $177,818 $37,242 $46,514 $46,514 $40.1060 $175:327 $203,947 $203,947 $217,878 $22,046 $19,073 $56,589 $197370 $4,821 $4,523 $5,522 $41)226 $21>426 $2,000 $3,218 $2,000 $295293 $25,596 $651>329 $253596 $205,020 $229,543 $269,276 $243,474 $ 1 5000 $ 1:X0 $1,000 $1 000 $67 $1 NO $380 $1,000 $6 $150,000 $501)018 $ 1 W1000 $ 1 !P73 $15251000 $5 1 ,398 $102fl000 $157,433 $31,029 $177,818 $101,414 $46,514 $46,514 $40,060 $40,060 $203,947 $77,543 $217,878 $141,474 PROGRAM DESCRIPTION This is a fund established in 2005 that consolidates "all" of the various loan types the Department has in existence or will be starting. Each type of loan activity has its own line item number and can be easily identified for the audit or monitoring. Wei COMMUNITY DEVELOPMENT -REVOLVING FUND #2 FUND: 2881-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash, Operating REVENUES 373020 Loan Proceeds/Principal 373010 Loan Proceeds/ -Interest 371010 Interest Earnings Total Revenue Total Available EXPENDITURES 711 Redevelopment Total Expenditures ENDING CASH 10100 Cash, Operating Total Cash I ACTUAL I BUDGET I ACTUAL I I BUDGET FY15/16 FY 16/17 FY16/17 FY17/1 $138,794 $1670393 $167,393 $209,916 $138,394 $167,393 $167,393 $2095916 $15,722 $1 1,778 $1,099 $16:1253 $11,247 $1,000 $39,026 $1,886 $1,946 $32MI $0 $1,500 $28,599 $28,500 $4211858 $33,541 $167,393 $195,893 $210,251 $2439457 $0 $150,000 $335 $150,000 $0 $150,000 $335 $15000 $1671393 $451)893 $2091>916 $93,457 $167,393 $4503 $209,916 $93,457 92A Community Development - Miscellaneous FLTND: 2886-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 CASH: operating 10150 CASH: Old School Redevelopment REVENUES 371010 Interest/Misc. 373070 Principal payments (Big Sky Manor) 373010 Interest from Loans (Big Sky Manor) Reimburse from Old School TIFs Loan from Old School SID debt service fund Total Revenue Total Available EXPENDITURES M&O Redevelopment/Grants Total Expenditures ENDING CASH 10100 CASH- operating 10150 CASH: Old School Redevelopment ACTUAL BUDGET ACTUAL BUDGET FY15/16 FY16/17 FY16/17 FY17/18 $257,052 $259,962 $259,962 $26 1 ,S 12 $3695,184 $228,430 $228,430 $ 1 001412_ $4,046 $71462 $ 1 1>540 $70,000 $0 $2>000 $8,399 $1,422 $50,000 $0 $4,302 $8,539 $1,281 $50,000 $0 $3,000 $8,865 $955 $70,000 $150>000 $83;$048 $61,3821 $64,122 $232,820 $709)1284 $5501?213 $552514 $594,744 $10,138 $2 1 O,754 $42,517 $300,000 $125572 $178,018 $22517 $211,352 $2201,892 $3427517 $190,590 $233,869 $259,962 $129,266 $261,512 $251,815 $228,430 $78,430 $100')412 $109,060 38 Community Development -Miscellaneous FLTND: 2886-480-470210 EXPENDITURE DETAIL ACTUAL BUDGET I ACTUAL I BUDGET FY15/16 FY16/17 FY16/17 FY17/18 Materials and Services: 210 Grant Administration Expenses/project exp $28 $2P0 $0 $2,000 353 Auditing $1 1>500 $1,000 $1,000 $1,000 373 Dues & Training $247 $2P0 $55 $2,000 379 Meetings $0 $1,000 $0 $1,000 396 Studies/Surveys & marketing $0 $25,000 $0 $5,000 522 Administrative Transfers $31)000 $21.t000 $2,000 $2,000 528 Information Tech. Transfers $4,11188 $8:342 $8,342 $8,342 532 Office Rent new bldg $1 , 175 $1 , 175 $17175 $ 1 , 175 Total Materials & Services $ 1 0, 138 $421517 $125572 $22!517 Redevelopment: 620 Interest - Old School (from General Fund) $16,250 $16,250 $0 $32500 790 Redevelopment Activity $6:?500 $100,000 $2,905 $3,750 795 Old School Lot Purchase FY15/AssessmentPayments FY166 $1881)004 $183,750 $175,113 $175* 102 Total Grants & Housing $210,754 $300,000 $1781)018 $211,352 GRAND TOTALS $220>892 $342,517 $190,590 $23309 39 RURAL DEVELOPMENT LOAN REVOLVING #61-01 FUND: 2887-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 CASH: operating 10140 CASH: loan loss reserve Total Cash REVENUES 345010 Application/Origination Fees 373010 Loan Interest 371010 Other Interest 373030 Principal Total Revenue Amount Available EXPENDITURES Redevelopment Activity Principal Interest Total Expenditure ENDING CASH 10100 CASH: operating 10140 CASH: loan loss reserve (6% o/s loans principal) I ACTUAL I BUDGET I I ACTUAL I BUDGET FY 15/16 FY 16/17 FY16/17 FY17/18 $194:1629 $232,309 $232,309 $3031)075 $22,009 $2 1:271 $21)271 $21,271 $216,638 $253,580 $253,580 $324,346 $0 $500 $950 $500 $20,895 $181378 $1 OtP216 $6,835 $564 $400 $713 $500 $37,608 $43,644 $8001 $411298 $59,067 $625922 $931180 $49,133 $275,705 $316,502 $346,760 $373,479 $51 $15000 $340 $2001>000 $181)091 $18,272 $18,272 $18,454 $37983 $31803 $3,802 $3,620 $22,125 $172,075 $221414 $2225,074 $232,309 $123,156 $30311075 $136,399 $217271 $2 1 q)271 $2 1 ,271 $1506 $2535580 $144,427 $324?346 $15 1 ,405 PROGRAM DESCRIPTION The purpose of the Revolving cr Loan Fund (R_LF) is to provide gap financing or business retention, expansion or start-up with the focus on job creation. t� n Funding Sources for the RLF conic from possible CDBG Economic Development Grants, TIF, Rural Development Intermediary relending Program Z:) (IRP) funds and the Community Development Revolving Loan Fund. The department was successful in writing a Rural Development (RD) grant application for $520,000 from the RD Intermediary Relendingzn Program (IRP) on 10/12/04. [A to] RURAL DEVELOPMENT LOAN REVOLVING #61-03 FUND: 2888-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 CASH: operating 10140 CASH: loan loss reserve Total Cash REVENUES 373010 Loan Interest 371010 Other Interest 373030 Principal Total Revenue Amount Available EXPENDITURES 610 Principal Repayment to IRP 61-03 620 Interest Repayment to IRP 61-03 750 Redevelopment Activity Total Expenditures ENDING CASH 10100 CASH: operating 10140 CASH: loan loss reserve (6% of o/s prin of loans) I ACTUAL I BUDGET I ACTUAL I I BUDGET FY15/16 FY16/17 FY16/17 FY17/18 $ t 79,998 $190)901 $190,901 $279,126 $10:1137 $9,695 $9,695 $91695 $190,135 $200,596 $200,596 $2881)821 510,104 $9,466 $5,393 $3,948 $498 $250 $650 $200 $9,884 $M286 $92,542 $5,677 $20:1486 $20,002 $982585 59,825 $2105621 $220,598 $299, 181 $298,646 $8,057 $8,135 $8,138 $85219 $1 ,968 $1,890 $1,07 $106 $o $110,000 S335 $150,000 $M025 $12011025 $107360 $160>025 $190,901 $90,878 $279, 126 $134,518 $9,695 $9:1695 $91.5695 $403 $200,596 $1005573 $288,821 $138fi21 PROGRAM DESCRIPTION The purpose of the Revolving Loan Fund (RLF) is to provide gap financing or business retention, expansion or start-up with the focus on job creation. Funding sources for the RLF come from possible CDBG Economic Development Grants, TIF, Rural Development Intermediary relending Program (IRP) funds and the Community Development Revolving Loan Fund. The department was successful in writing a Rural Development (RD) grant application on 11/27/06 from the RD Intermediary Relending Program (IRP) of which $257,500 was used. !91 2944 CDBG - FAIRGROUNDS ADA GRANT FLTND: 2944-480-470240 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH CASH: operating REVENUES 331015 CDBG - FAIRGROLNDS ADA GRANT Total Available EXPENDITURES 820 Administration -transfer to General Fund 790 Improvements Total Expenditures ENDING CASH CASH: operating I BUDGET I ACTUAL I I BUDGET FY16/17 FY16/17 FY17/18 $0 $0 $0 $150:469 $0 $1K-469 $150.1469 $0 $150469 $0 $0 $1501)469 $0 $1505469 $150,3469 $0 $150,3469 $0 $0 $0 PROGRAM DESCRIPTION Pass through grant for Flathead County to make ADA improvements to the fairgrounds. I W EPA BROWNFIELDS ASSESSMENT GRANT FUND: 2953-480-470210/470215 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash REVENUE 331090 EPA FUNDING $400,000 Total Revenue Total Available EXPENDITURES 470210-354 Cont. Sery - Petroleum 470210-373 Travel -Petroleum 470215-354 Cont Sery - Hazardous 4702 15-373 Travel -Petroleum Total Expenditure Cash I ACTUAL I BUDGET I ACTUAL I I BUDGET FY15/16 FY16/17 FY16/17 FY17/18 $0 $0 $0 $0 $0 $400;1000 $21,942 $378P058 $0 $400,000 $21.1942 $3785058 $0 $400,000 $2 1 ,942 $378,058 $0 $0 $0 $0 $196,000 $4,000 $196,000 $4,000 $10,408 $643 $10,408 $483 $185,592 $3,357 $1855592 $35517 $0 $400,3000 $211942 $3781,058 $0 $0 $0 $0 PROGRAM DESCRIPTION The City has been awarded $400,000 for Brownfields Revitalization Protect funds to be used for Phase I and Phase Il Environmental Assessments. 43 EPA BROWNFIELDS REVOLVING LOAN FUND FUND: 2955-480-470210 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH 10100 Cash REVENUE 331090 EPA Funding Loan Principal and Interest Total Revenue Total Available EXPENDITURES 229 Supplies 352 Personnel 353 Fringes 354 Contracted Services 373 Travel 720 Loans 721 Subgrants 725 Revolved Funds 470215 HAZARDOUS SUBSTANCES 229 Supplies 354 Contracted Services 373 Travel 720 Loans 721 Subgrants (FC Jail Project) ENDING CASH Cash I ACTUAL I I BUDGET ACTUAL I I BUDGET FY15/16 FY16/17 FY16/17 FY17/18 $100,500 $100,500 $100,500 $100,500 $2211,807 $488,407 $1,483 $486,924 $221,807 $488,407 $ 1 ,483 $486,924 $3221307 $588,907 $101,983 $587X4 $0 $908 $0 $908 $0 $31>505 $0 $3,505 $0 $493 $0 $493 $0 $11488 $0 $11488 $0 $35 $35 $0 $0 $62,3 54 $0 $62,3 54 $0 $ 100100 $0 $100,000 $0 $100,500 $0 $100,500 $0 $1,158 $0 $1>158 $0 $88 $0 $88 $21)184 $3,778 $1,448 $2,330 $0 $314,600 $0 $314,600 $219,623 $0 $0 $0 $221 107 $588,907 $1)483 $5875424 $100,500 $0 $100,500 $0 PROGRAM DESCRIPTION The City has been awarded $ 1,000,000 for a Brownfields Revolving Loan Program accepted 6/20/11 ZD 44 2991 TIGER GRANT FUND: 2991-480-470245 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH CASH: operating REVENUES 331055 Tiger Grant $1.0,000,000 383000 Transfer from Westside TIF other revenue sources Total Revenue Total Available EXPENDITURES Redevelopment - rail park Redevelopment - trail Total Expenditures ENDING CASH CASH: operating I BUDGET FY16/17 I ACTUAL FY16/17 I I BUDGET FY17/18 $0 $0 $0 $1 0,000,000 $0 $0 $0 $0 $0 $10,000,000 $8:? 107,000 $0 $1 0,OW-000 $0 $185107)000 $10, .)000000 $0 $18 107,000 $0 $ 1 0,000'000 $0 $0 $12,320,000 $5,787,000 $10,000,000 $0 $18,107)000 $0 $0 $0 PROGRAM DESCRIPTION The City of Kalispell was awarded a $10 million Transportation Income Generating Economic Recovery (TIGER) grant from U.S. Department of Transportation for the Kalispell Core and Rail Redevelopment Project. The project begins with the construction of a rail park at a reclaimed gravel pit, then relocating rail served businesses to the rail park and converting the old rail line through Kalispell into a bike and pedestrian trail and opening up a number of north and south connection streets that are currently blocked by the rail line. 45 2994 KIDSPORTS GRANT FUND: 2994-436-460436 PROJECTED REVENUE AND FUND SUMMARY BEGINNING CASH CASH: operating REVENUES 334012 KIDS PORTS Grant $1 5412,000 365020 KIDSPORTS Match Total Available EXPENDITURES 930 Capital Improvements ENDING CASH CASH, operating I BUDGET FY 16/17 I I ACTUAL FY 16/17 I BUDGET FY 17/18 PROGRAM DESCRIPTION $0 $0 $0 $1412100 $850,002 $561,998 $740,326 $0 $7405,726 $27152,726 $850,002 $ 1,3 02.1724 $21)152,726 $850,002 $11,302,724 $2, 1 521>726 $85011,002 $11)302,724 $0 $0 $0 The purpose of this grant, from the Montana Department of Commerce, is to provide funding for the infrastructure necessary to support the development of eight new playing fields at the Kidsports facility. This includes irrigation, water main extension, sewer system extension, stonnwater management system and access roads including parking lot areas and approach connections approved by the Department under the Youth Recreational Facilities Grants Program.