07. Community & Economic DevelopmentPage
Fund #
1
2185
Tax Increment Fund -Airport
$
1,044,700
4
2188
Tax Increment Fund -Westside
$
2,553,754
7
2310
Old School Station Tech TIF (G)
$
40,910
8
2311
Old School Station Industrial TIF (H)
$
9,275
9
2880
Community Development Loan Revolving
$
225,000
11
2886
Community Development Fund
$
151,885
14
2887
Rural Development Revolving Fund
$
244,838
16
2888
Rural Development Revolving Fund #2
$
95,014
17
2920
Information Technology Grant
$
219,220
18
2930
Preserve America Grant
$
70,000
19
2945
CDBG-ED #2 FVCC
$
273,945
20
2953
EPA-Brownfields Assessment Grant
$
320,832
21
2954
EPA-Brownfields Area -wide Planning Grant
$
155,000
22
2991
Neighborhood Stabilization
$
150,000
23
2882
Courtyard Maintenance
$
108,094
Total Community Development Funds
$
5,662,467
25 PERSONNEL SCHEDULE
AIRPORT TAX INCREMENT DISTRICT "B"
FUND: 2185-000-430300/470240/460430
PROJECTED VENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash
Total Beginning Cash
REVENUES
334040 Petro Tank Release Reimb.
335230 State Entitlement
341013 Developer agreement-Rosauers (final 2011 )
341015 Developer agreement -Hilton (done 2010)
383001 Transfer from Debt Service
Total Revenue
Total Available
EXPENDITURES
Personal Services
M&O
Redevelopment Activity
Parks Capital Improvements
Total Expenditures
ENDING CASH
Cash Carry Over
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY09/10
FY11/12
$300,151
$825,460
$882,648
$1,382,015
$300,151
$825,460
$882,648
$1,382,015
$44,662
$5,152
$5,152
$5,152
$4,637
$56,016
$56,000
$58,791
$0
$45,920
$0
$0
$0
$550,000
$500,000
$500,000
$500,000
$701,750
$561,152
$563,943
$504,637
$1,001,901
$1,386,612
$1,446,591
$1,886,652
$49,125
$19,576
$19,576
$21,708
$27,986
$51200
$45,000
$1,022,992
$0
$0
$0
$0
$42,142
$0
$0
$0
$119,253
$70,776
$64,576
$1,044,700
$882,648 $1,315,836 $1,382,015 $841,952
1
AIRPORT TAX INCREMENT DISTRICT
FUND: 2185-000-430300/470240/460430
EXPENDITURE SUMMARY
Personal Services
Airport
Parks
Community Development
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
$40,623
$50,587
$19,576
$21,708
$66,649
$31,606
$30,149
$1,022,992
$63,128
$49,588
$0
$0
$4,079
$0
$21,051
$0
$174,479 $131,781 $70,776 $1,044,700
Bonds sold in September 2005 required that all taxes be deposited in the debt service fund. The same will be true of any
additional bonds sold for the redevelopment of the airport. Once debt service obligations are met, funds remaining can be
transferred to this fund for use with other projects.
Budget will be amended for any future projects.
2
MA"ORT TAX INCREMENT DISTRICT
FUND: 2185-000-430300/470240/460430
EXPENDITURE DETAIL
480
470240 Personal Services: FTE's
110 Salaries
153 Health
155 Retirement
Personal Services Total
000
430300 Airport
353 Auditing
356 Legal Survey/title search/appraisals/ contract services
522 Administrative transfer
820 Transfer to FAA planning grant match
840 Redevelopment activity
Airport total
480
470240 Community Development
354 Avail-TVN (amended)
Community Development Total
436
460430
Parks
218
Laker's Ball field improvements
950
Relocate restrooms to Kidsport
934
Begg Park improvements
Parks Total
Total Airport TIF
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
0.41
0.66
0.30
0.33
$33,946
$43,536
$16,590
$18,218
$4,508
$3,939
$1,909
$2,305
$2,169
$3,112
$1,077
$1,185
$40,623
$50,587
$19,576
$21,708
$1,000
$750
$1,200
$1,200
$21,889
$17,302
$10,110
$10,000
$9,267
$13,554
$13,949
$11,792
$4,890
$0
$34,493
$0
$0
$1,000,000
$66,649 $31,606 $30,149 $1,022,992
$4,079 $0 $21,051 $0
$4,079 $0 $21,051 $0
$10,000
$36,875
$16253
$7,446
$0
$42,142
$0
$0
$0
$0
$0
$0
$63,128
$49,588
$0
$0
$174,479
$131,781
$70,776
$1,044,700
3
WESTSIDE
:.
1PROJECTED REVENUE AND FUND SUMMARY
BEGINNING CASH
10100 Operating
Total Cash
REVENUES
311100 Real Estate Taxes
311200 Personal Property Taxes
312000 Penalty & Interest
335230 HB 124 Entitlement
331158 US 93 Bypass reimbursement
341015 Developer payment-TELETECH
383001 Operating Transfer from Debt Fund 3188
Total Revenue
Total Available
EXPENDITURES
Redevelopment Activities
US 93 Bypass construction
Construction
Total Expenditures
ENDING CASH
Operating
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$1,674,567 $1,905,717 $1,905,717 $2,144,586
$1,674,567 51,905,717 $1,905,717 $2,144,586
$29,126
$300,000
$300,000
5300,000
$14,000
$16,802
$16,800
$246
$182
$1,000
$1,000
$41,368
$41,368
$41,368
$91,483
$0
$0
$0
$45,000
$50,699
$50,000
$487,173
$0
$0
$0
$608,028
$400,550
$409,869
$409,168
$2,282,595
$2,306,267
$2,315,586
$2,553,754
542,179
$2,136,198
$46,000
$2,553,754
$122,117
$0
SO
$0
$212,582
$125,000
$125,000
$0
$376,878
$2261,198
$171,000
$2,553,754
$1,905,717
$45,069
$2,144,586
$0
4
DISTRICTWESTSIDE TAX INCREMENT
ii
Personal Services
Redevelopment activity
Capital Improvements
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY10/11
$34,011
$7,707
$13,810
$21,708
$34,591
$34,472
$2,122,388
$2,532,046
$180,179
$334,780
$125,000
$0
$248,781
$376,959
$2,261,198
$2,553,754
The Westside Urban Renewal District was created to help redevelop the Gateway Mall area and assist with the Storm
drainage problems in the area. The major activity to date has been the Stream Project which included the City's participation
in the purchase of a portion of the Mall building and rehabilitation of the site. Stream vacated the site and
the site is now occupied by the Teletech organization.
Tax increment urban renewal bonds were paid off June 30, 2010. Prior to that date all increment was receipted to a debt service fund.
Beginning fiscal year 2011 increment will now be receipted to this fund, 2188. The district is scheduled to sunset 3/14/2012
April 2009 intiated the contract for the 3 Mile Drive Road Design within the Westside TIF; completed FY 11.
FY 2012 BUDGET OBJECTIVES
The Lower Spring Creek Storm Drainage preliminary design is complete. Currently negotiating for an easement.
Easment would be funded out of redevelopment money - however,unlikely to be completed FY 12.
5
;rVESTSIDE
..
COMMUNITY DEVELOPMENT
Personal Services FTE'S
480-470230
110 Salaries-Admin
153 Health
155 Retirement
Total Personal Services
353 Audit -close out of debt service
354 Transfer to Port Authority-bldg maint.
356 Redevelopment/ contract services
522 Administrative Transfer
955 Redevelopment/Distribution
Total Community Development
PUBLIC WORKS
453-430246 Construction Projects
950 Glenwood Drive Construction
951 Paving
952 Lower Spring Creek Design carryover
953 3 Mile Drive Road Design carryover
955 Redevelopment/ US 93 bypass
Total Public Works
PARKS DEPARTMENT
436460430 Parks Department
930 Greenbriar Park improvements
934 Hawthorne Park Tennis Court resurface
Total Parks
TOTAL BUDGET
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
0.34
0.15
0.33
0.33
$28,119
$6,596
$11,060
$18,218
$4,093
$682
$2,032
$2,305
$1,799
$429
$718
$1,185
$34,011
$7,707
$13,810
$21,708
$500
$375
$1,250
$1,250
$5,000
$5,350
$5,000
$5,000
$0
$3,747
$0
$0
$29,091
$25,000
$25,000
$17,094
$0
$2,091,138
$2,508,702
$34,591
$34,472
$2,122,388
$2,532,046
$0
$68,204
$0
$0
$30,584
$29,516
$0
$0
$64,640
$3,846
$70,000
$0
$40,374
$92,917
$55,000
$0
$0
$122,117
$0
$0
$135,598
$316,600
$125,000
$0
$0 $18,180 $0 $0
$44,581 $0 $0 $0
$44,581
$18,180
$0
$0
$248,781
$376,959
$2,261,198
$2,553,754
2
2310-480-470210
BEGINNING CASH
10100 Operating Cash -Redevelopment
REVENUES
311110
Real Estate Property Taxes
311200
Personal Property Taxes
315000
Penalty & Interest
361000
NW Energy Reimbursement
Total Revenue
Total Available
354 Contract Services- Bond Counsel
356 FED -EX Reimbursment/Developer agreement
820 Operating Transfer -debt service pledge
Total Expenditures
ENDING CASH
10100 Operating Cash -Redevelopment
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$23,421
$8,624
$9,574
$13,438
$30,314
$1,847
$592
$32,000
$1200
$500
$40,000
$2,431
$750
$1,633
$32,000
$1,200
$500
$0
$32,753
$33,700
$44,814
$33,700
$56,174
$42,324
$54,388
$47,138
$0
$46,600
$950
$0
$40,000
$950
$11,230
$28,770
$1,000
$10,910
$29,000
$46,600
$40,950
$40,950
$40,910
$9,574
$1,374
$13,438
$6,228
PROGRAM DESCRIPTION
The Technology TIE was created to enable the development of the Tech Park by using the taxes paid
by the property owners to pay down the infrastructure SID debt. Additionally the tax revenue
generated can be used for other redevelopment activities as provided by Montana law and the developer agreement.
Funds transferred to the SID 344 Debt Service fund will be held and utilized only in the case of an
approved developer's agreement.
7
2311 OLD SCHO1
2311-480-470210
BEGINNING CASH
10100 Cash Operating -Redevelopment
REVENUES
311100 Real Estate Taxes
311200 Penalty & Interest
Total Revenue
Total Available
790 Redevelopment activity
820 Operating transfer to SID debt Service -pledged
Total Expenditures
ENDING CASH
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$5,072 $7 $7 $0
$5,490
$9,000
$4,000
$9,000
$277
$275
$135
$275
$5,767
$9,275
$4,135
$9,275
$10,839
$9,282
$4,142
$9,275
$0
$10,832
$0
$9,000
$0
$4,142
$0
$9,275
$10,832
$9,000
$4,142
$9,275
10100 Operating Cash -Redevelopment $7 $282 $0
PROGRAM DESCRIPTION
ION
The Industrial TIF was created to enable the development of the Tech Park by using the taxes paid
by the property owners to pay down the infrastructure SID debt. Additionally the tax revenue
generated can be used for other redevelopment activities as provided by Montana law and the developer agreement.
$0
8
COMMUNITY DEVELOPMENT -REVOLVING FUND
FUND: 2880-480-470210
PROJECTED VENUE AND FUND SUMMARY
BEGINNING CASH
10100 Cash, Operating
10162 Cash, Reserve for investment (S&Q
REVENUES
345010
Origination Fees
373020
Loan Proceeds/Principal
373010
Loan Proceeds/ -Interest
373060
*Center Street loan (PAYOFF 2010)
373070
Loan to Street Dept. 1.95% interest rate
371010
Interest Earnings
Total Revenue
Total Available
EXPENDITURES
Redevelopment
Total Expenditures
ENDING CASH
10100
Cash, Operating
10162
Cash, Reserve for investment
TOTAL CASH
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$138,472
$185,858
$199,334
$276,894
$61,090
$68,939
$55,463
$55,463
$199,562
$254,797
$254,797
$332,357
$500
$1,000
$0
$30,610
$37,345
$32,000
$32,727
$15,327
$24,514
$24,514
$24,474
$25,776
$0
$0
$0
$17,430
$16,910
$16,546
$16,300
$6,379
$2,000
$4,500
$96,022
$81,769
$77,560
$73,501
$295,584
$336,566
$332,357
$405,858
$40,787
$225,000
$0
$225,000
$40,787
$225,000
$0
$225,000
$199,334
$42,627
$276,894
$125,395
$55,463
$68,939
$55,463
$55,463
$254,797
$111,566
$332,357
$180,858
E
COMMUNITY DEVELOPMENT -REVOLVING FUND
FUND: 2880-480-470240
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
Redevelopment Activity
708 Redevelopment Distribution to County $12,180 $25,776 $0 $0
Total Distribution
711
Redevelopment Activity $42,500 $11 $225,000
$225,000
720
Eagle Transit $15,000 $15,000 $0
$0
Total Redevelopment activity $57,500 $15,011 $225,000
$225,000
Capital Improvements
950
Capital Improvements Hwy 93 & Hwy 2 -Bronzes $15,000 $0 $0
$0
Total Capital Improvements $15,000 $0 $0
$0
Total Budget $84,680 $40,787 $225,000
$225,000
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.
FY 2012 BUDGET HIGHLIGHTS
Seeking to loan the funds to eligible entities -preference to organizations that serve low -to -moderate income beneficiaries.
'
Continue to manage the current and new CDBG projects with administration duties as outlined by
the City/State CDBG Management Contracts.
Maintain and improve loan quality.
Expand the loan programs to serve a wider sector of businesses.
FY 2010 BUDGET ACCOMPLISHMENTS
Implemented loan checklist and organized files.
Created credit display and underwriting for new credit requests.
Maintained credit quality without any losses to the portfolio.
Increased marketing of Revolving Loan Fund program to local banks and businesses.
10
Communityeve e t Operating
FUND: 2886-480470210 (U DAG program income)
BEGINNING CASH
10100 CASH: operating
REVENUES
331018
CDBG Growth Policy Update (amended)
341020
Grant Administration
373070
Principal payments
371010
Interest/Misc.
373010
Interest from Loans
331170
Historic Preservation Grant
Total Revenue
Total Available
Operating Budget
Redevelopment/Grants*
Total Expenditures
ENDING CASH
10100 CASH: operating
TOTAL CASH
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$546,665
$423,428
$423,428
$336,209
$546,665
$423,428
$423,428
$336,209
$20,000
$0
$20,000
$8,661
$10,000
$6,022
$6,330
$6,330
$6,654
$8,333
$5,000
$4,800
$4,000
$3,798
$3,490
$3,490
$3,167
$10,500
$0
$2,000
$0
$28,653
$34,820
$25,281
$43,821
$575,318
$458,248
$448,709
$380,030
$116,006
$149,873
$110,000
$149,385
$35,884
$2,500
$2,500
$2,500
$151,890
$152,373
$112,500
$151,885
$423,428
$305,875
$336,209
$228,145
$423,428
$305,875
$336,209
$228,145
11
Community p!'
2886-480470210 (UDAG program income)
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
Personal Services $112,180 $73,205 $65,969 $66,851
Materials and Services $52,096
$42,801
$83,904
$82,534
Grants $7,441
$35,884
$2,500
$2,500
$171,717
$151,890
$152,373
$151,885
PROGRAM DESCRIPTION
The eligible uses of program income include all of the activities currently funded by the UDAG program income budget and could
include many other activities related to planning and implementing economic and community development programs.
FY 2012 BUDGET HIGHLIGHTS
Identify strategies to create jobs and investment in the Community;
'8 Partner w/ business and organizations to leverage funds from grants and loans;
Administer CDBG Planning Grant;
'8 Encourage and promote historic preservation;
Improve the department's web based data;
'8 Act as liaison to the Business hnprovement District Board, Kalispell Downtown Association Chamber of Commerce, and
Continue serving on North West Montana Community Land Trust Board of Directors.
FY 2011 BUDGET ACCOMPLISHMENTS
Submitted three federal grant applications, with two funded.
Produced updated and re -styled Community Profile publication for Kalispell;
Served on IWT Committee reviewing workforce training grant applications;
Managed CDBG Planning Grant;
Continued role of liaison with the Montana Department of Environmental Quality as it relates to the Kalispell Pole Yard;
Continued serving as member of North West Montana Community Land Trust Board;
' Continued role of liaison with Kalispell Business Improvement District (BID) and Kalispell Downtown Association (KDA) Boards;
Served on KDA Event Committee to implement first annual "Run Through History" attracting 200 participants to downtown Kalispell;
* Limited staff given department objectives.
12
CommunityvOperating
FUND: 2886-480-470210 (UDAG program income)
EXPENDITURE TIL
Personal Services: FTE's
110 Salaries & Wages
153 Health Insurance
155 Retirement
Total Personal Services
Materials and Services:
210 Office Supplies
211 Grant Administration Expenses/project exp
231 Gas & Oil
312 Postage & Printing
334 Montana West Membership
345 Telephone, Communications
353 Auditing
354 Contract Services
355 Prospect Development
373 Dues & Training
379 Meetings
395 CDBG Growth Policy Update (amended)
396 Studies/Surveys & marketing
510 Property & Liability Ins.
521 Central Garage Transfer
522 Administrative Transfers
528 Data Processing Transfers
531 Office Rent new bldg
Total Materials & Services
Grants & Housing:
710 Land Trust Project
711 Historic Preservation Project
790 Redevelopment Activity
Total Grants & Housing
GRAND TOTALS
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
3.0
1.2
1.00
1.00
$93,435
$62,396
$55,988
$56,230
$12,965
$6,742
$6,363
$6,984
$5,780
$4,067
$3,618
$3,638
$112,180
$73,205
$65,969
$66,851
$568
$760
$2,500
$2,500
$625
$942
$2,500
$3,000
$438
$77
$300
$0
$538
$631
$1,800
$1,150
$500
$500
$500
$940
$215
$750
$250
$2,200
$1,875
$1,500
$1,800
$690
$0
$1,000
$1,000
$0
$3,000
$3,000
$5,995
$3,502
$3,200
$3,800
$590
$157
$500
$500
$20,000
$20,000
$14,821
$7,969
$25,000
$25,000
$3,296
$2,660
$3,300
$3,000
$500
$0
$0
$0
$8,996
$10,451
$6,671
$5,651
$7,199
$8,359
$6,680
$6,680
$4,700
$4,703
$4,703
$4,703
$52,096
$42,801
$83,904
$82,534
$2,064
$18,000
$0
$0
$17,884
$0
$0
$5,377
$0
$2,500
$2,500
$7,441
$35,884
$2,500
$2,500
13
$171,717 $151,890 $152,373 $151,885
RURAL D
1 • 1.DO, `. LOAN
,,1, REVOLVINJ
2887480-470210
estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
BEGINNING CASH
10100
CASH: operating
$284,300
$259,348
$259,348
$234,388
10140
CASH: loan loss reserve
$16,094
$15,365
$15,365
$14,636
Total Cash
$300,394
$274,713
$274,713
$249,024
REVENUES
345010
APPLICATION/ORIGINATION FEES
$0
$1,000
$0
$1,000
373010
LOAN INTEREST *
$15,512
$13,101
$13,101
$12,356
371010
OTHER INTEREST
$2,418
$1,000
$2,125
$2,000
373030
PRINCIPAL
$13,051
$13,947
$13,947
$14,754
TOTAL REVENUE
$30,981
$29,048
$29,173
$30,110
AMOUNT AVAILABLE
$331,375
$303,761
$303,886
$279,134
EXPENDITURES
PERSONAL SERVICES
$34,542
$32,754
$32,754
$22,763
REDEVELOPMENT ACTIVITY
$46
$215,000
$34
$200,000
PRINCIPAL
$16,975
$17,213
$17,213
$17,386
INTEREST
$5,099
$4,861
$4,861
$4,689
$56,662
$269,828
$54,862
$244,838
ENDING CASH
10100
CASH: operating
$259,348
$18,568
$234,388
$19,660
10140
CASH: loan loss reserve
$15,365
$15,365
$14,636
$14,636
( Loan split between fund 2887 & 2888 equity
$274,713
$33,933
$249,024
$34,296
transfers of $41,260 cash moved to 2888 FY09)
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. Department was successful in writing a Rural Development (RD) grant application for $520,000 from the RD
Intermediary Relending Program (IRP) on 10/12/04.
14
R , RAL DEVELOPMENT LOAN REVOLVINJ
2887-480470210
Personal Services:
110 Salaries
153 Health
155 Retirement
Total Personal Services
Grants & Loans:
750 Redevelopment Activity
Total Redevelopment activity
Debt Service:
610 Principal
620 Interest of Rural Dev. Loans I %
Total Debt Service
Total budget
ACTUAL
ACTUAL
BUDGET
BUDGET
FY08/09
FY09/10
FY10/11
FY11/12
0.5 0.5 0.34
$2,068 $28,875 $27,777 $18,868
$0 $3,788 $3,182 $2,675
$133 $1,879 $1,795 $1,221
$2,201 $34,542 $32,754 $22,763
$970 $46 $215,000 $200,000
$970 $46 $215,000 $200,000
$16,706
$16,975
$17,213
$17,386
$5,368
$5,099
$4,861
$4,689
$22,074
$22,074
$22,074
$22,075
$25,245
$56,662
$269,828
$244,838
FY 2011 BUDGET HIGHLIGHTS
Continue seeking applications of bank qualified loans to assist in "gap financing" to business creating jobs
and investment utilizing program income from past loans.
Manage the existing loan portfolio.
'8 Maintain and improve credit quality.
k Expand the loan program to serve a wider sector of businesses.
FY 2010 BUDGET ACCOMPLISHMENTS
Maintained the credit quality without any losses to the portfolio.
* Updating files and improving financial management of the loan financial portfolio.
8 Successful audit from USDA-RD of the program.
Increased marketing of Revolving Loan Fund program to local banks and businesses.
Converted one loan from a workout status to a performing loan.
15
RURAL DEVELOPMENT LOAN REVOLVING #2
2888-480-470210
PROJECTED VENUE AND FUND SUMMARY
BEGINNING CASH
10100 CASH: operating
10140 CASH: loan loss reserve
REVENUES
345010
APPLICATION/ORIGINATION FEES
373010
LOAN INTEREST *
371010
OTHER INTEREST
373030
PRINCIPAL
TOTAL REVENUE
AMOUNT AVAILABLE
610 Principal & Interest Repayment to IRP
750 REDEVELOPMENT ACTIVITY
ENDING CASH
10100 CASH: operating
10140 CASH: loan loss reserve
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$59,801
$101,402
$101,402
$103,289
$12,910
$11,514
$11,514
$11,514
$72,711
$112,916
$112,916
$114,803
$250
$1,000
$0
$1,000
$18,331
$11,125
$11,125
$10,181
$1,076
$500
$850
$750
$23,260
$24,511
$21,750
$25,605
$42,917
$37,136
$33,725
$37,536
$115,628
$150,052
$146,641
$152,339
$2,575
$10,930
$31,838
$10,014
$137
$85,000
$0
$85,000
$2,712
$95,930
$31,838
$95,014
$101,402
$42,608
$103,289
$45,811
$11,514
$11,514
$11,514
$11,514
$112,916 $54,122 $114,803 $57,325
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.
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.
FY 2012 BUDGET HIGHLIGHTS
Continue seeking qualified applicants to assist in "gap financing" to businesses, creating jobs & investment.
Manage the existing loan portfolio.
Expand the loan program to serve a wider sector of businesses.
FY 2011 BUDGET ACCOMPLISHMENTS
Maintained the credit quality without any losses to the portfolio.
Updating files and improving financial management of the loan financial portfolio.
16
Information eeGrant
FUND: 2920-480-470210
BEGINNING CASH
10100 CASH
REVENUE
331024 Bureau ofJustice-IT Technology
Total Revenue
TOTAL AVAILABLE
922 Building energy improvements ($250,000)
ENDING CASH
CASH
amended
BUDGET
ACTUAL
BUDGET
FY10/11
FY10/11
FY11/12
$250,000 $30,780 $219,220
$250,000 $30,780 $219,220
$250,000 $30,780 $219220
$250,000 $30,780 $219,220
$0 $0 $0
PROGRAM OF SERVICES
The City has been awarded a Bureau of Justice Grant for Information Technology upgrades to the public safety building
in the amount of $250,000.
Resolution #5457 amends the FYI I budget.
17
Preserve America Grant
I 1 4i) i 41
BEGINNING CASH
10100 CASH
REVENUE
331030 Preserve America Grant
Total Revenue
TOTAL AVAILABLE
EXPENDITURES
354 Grant Contract Services
ENDING CASH
CASH
Amended
Estimated
BUDGET
ACTUAL
BUDGET
FY10/11
FY10/11
FY11/12
$75,000 $5,000 $70,000
$75,000
$5,000
$70,000
$75,000
$5,000
$70,000
$75,000
$5,000
$70,000
Purpose of project is to:
1) Develop website and social media marketing campaign for downtown Kalispell working with Hockaday Museum's youth program;
2) Develop marketing campaign with youth and local business input to promote cultural resources and historic downtown as destination;
3) Way finding, historic register building and interpretive signage in downtown Kalispell.
FY 2012 BUDGET HIGHLIGHTS
Marketing and signage will be created and produced per grant project.
FY 2011 BUDGET ACCOMPLISHMENTS
Hockaday Museum youth group has met and concept priorities are being developed with downtown businesses
Resolution #5474 amends the FYI budget.
18
® ED for Flathead Community
FUND: 2945-480-470242
PROJECTED VENUE AND FUND SUMMARY
BUDGET
ACTUAL
BUDGET
FY10/11
FY10/11
FY11/12
BEGINNING CASH
CASH: operating $0
$0
$0
REVENUES
331011 CDBG ED GRANT09-04 carryover $273,945
$0
$273,945
Total Available $273,945
$0
$273,945
EXPENDITURES
Expenditures $273,945
$0
$273,945
ENDING CASH
CASH: operating $0
$0
$0
EXPENDITURVIDETAIL SUMMARY
ED Grant:
820 Administration -transfer to Community Development $12,145
$0
$12,145
780 Training Costs $15,000
$0
$15,000
790 Machinery/Equipment $246,800
$0
$246,800
$273,945
$0
$273,945
Pass thru grant for the college to purchase equipment used in training programs.
19
EPA RD ASSESSMENT GRANT
2953480-470210
PROJECTED REVENUE
BEGINNING CASH
10100 CASH
REVENUE
331090 EPA FUNDING $400,000
Total Revenue
TOTAL AVAILABLE
EXPENDITURES
780 Site Assessment Grants
ENDING CASH
CASH
Estimated
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$0
$320
$320
$0
$4,168
$395,832
$75,000
$320,832
$4,168
$395,832
$75,000
$320,832
$4,168
$396,152
$75,320
$320,832
$3,848
$396,152
$75,320
$320,832
$320
$0
$0
$0
The City has been awarded $400,000 for Brownfield Revitalization Project funds to be used for Phase I and
Phase 11 Environmental Assessments.
FY 2012 BUDGET HIGHLIGHTS
The Kalispell Brownfields Program will continue to consider Kalispell sites for Phase I and Phase II Environmental
Site Assessments per funding priorities and eligibility.
FY 2011 BUDGET ACCOMPLISHMENTS
Phase I Environmental Site Assessments have been completed at three locations, and three more are in process.
Phase II Environmental Site Assessments are in process at two locations.
20
.OPILOT PROGRAA
2954-480-470210
Amended
Estimated
BUDGET
ACTUAL
BUDGET
FY10/11
FY10/11
FY11/12
BEGINNING CASH
10100 CASH
REVENUE
331090 EPA FUNDING
Total Revenue
TOTAL AVAILABLE
EXPENDITURES
354 Planning Grant
ENDING CASH
CASH
The City has been awarded $175,000 for Brownfields area -wide planning pilot program
Resolution #5465 accepted grant
$0 $0 $0
$175,000 $20,000 $155,000
$175,000 $20,000 $155,000
$175,000 $20,000 $155,000
$175,000 $20,000 $155,000
$0 $0 $0
FY 2012 BUDGET HIGHLIGHTS
Community process functions and data collection will continue in compliance with the grant.
FY 2011 BUDGET ACCOMPLISHMENTS
Community and Economic Development Department with the Planning Department has begun meeting with area property owners
and mapping area infrastructure.
21
2991 O R- D STABILIZATION
2991480-470242
BEGINNING CASH
CASH: operating
REVENUES
331011 NSP Grant $4,000,000
Total Available
EXPENDITURES
354 Contract Services - NSP Grant
ENDING CASH
CASH: operating
Amended
Estimated
BUDGET
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY09/10
FY10/11
FY10/11
FY11/12
$0
$0
$0
$0
$0
$4,000,000
$1,167,024
$2,832,976
$1,437,744
$150,000
$4,000,000
$1,167,024
$2,832,976
$1,437,744
$150,000
$4,000,000
$1,167,024
$2,832,976
$1,437,744
$150,000
$4,000,000
$1,167,024
$2,832,976
$1,437,744
$150,000
$0
$0
$0
$0
$0
' : 0 : �l 1 D Y�1�11i �i]►�I
The Neighborhood Stabilization Program is intended to stabilize foreclosure affected neighborhoods by purchasing
foreclosed upon/abandoned homes, selling these homes to income qualified households according to grant requirements.
Of these qualifying households, 25% must demonstrate household income of 50% of the area median
income and 75% will have household income between 80% and 120% of area median income (addressing what is
commonly referred to as workforce housing).
FY 2012 BUDGET HIGHLIGHTS
Homes in the Northwest Montana Community Land Trust will be sold to income qualifying households.
Sixteen homes in four neighborhoods have been purchased under this program and rehabilitation completed as necessary.
Purchased homes have been placed into the North West Montana Community Land Trust.
22
C"'PURTYARD MAINTENANCE
FUND: 28 82-480-470240
BEGINNING CASH
CASH: operating
REVENUES
Other funding source - to be determined
Gross Rent Receipts
Total Available
EXPENDITURES
354 Property Management Cost:
620 Debt Service:
Total Expenditures
ENDING CASH
CASH: operating
ESTIMATED
ACTUAL
BUDGET
ACTUAL
BUDGET
FY09/10
FY10/11
FY10/11
FY11/12
$36,284 $2,259
$2,259
$0
$15,525
$65,009 $69,735
$44241
$61,000
$38,359
$69,735
$101,293 $87,519
$107,500
$108,094
$77,926
$62,859
$88,000
$82,954
$21,108
$24,660
$19,500
$25,140
$99,034
$87,519
$107,500
$108,094
$2,259
$0
$0
$0
PROGRAM DESCRIPTION
The Courtyard Maintenance Reserve Fund is budgeted to reflect those costs which are incurred related to our 16 units of housing
managed by Community Action Partnership of Northwest Montana. The revenues reflect rent received.
The utilities and debt services costs will all be paid by Community Action Partnership per the joint venture agreement
with them to manage this housing complex. We need budget authority to simply record the Ciy's share.
This is the City's equity in the project.
Community Action Partnership is working on refinancing the debt to allow them to purchase the city's units
23
NORTHWEST MONTANA HUMAN RESOURCES, INC.
DBA COMMUNITY ACTION PARTNERSHIP OF NORTHWEST MONTANA
Kalispell, Montana
I: D 11 i E 1 ♦t 1 :
COURTYARD APARTMENTS
(Managed units as agents for the City of Kalispell)
Budget
Contract Period: July 1, 2011 through June 30, 2012
0% Vacancy
7% Vacancy
10% Vacancy
25% Vacancy
Revenue
1 Rents
$
74,304
74,304
74,304
74,304
2 Adjustment from CAP side for office for building attendant
432
432
432
432
3 Interest Income
200
200
200
200
4 Vacancy Factor
0
(5,201)
(7,430)
(18,576)
Total Revenue
$
74,936
69,735
67,506
56,360
Expenses
1 Salary and Fringe Benefits
$
39,453
39,453
39,453
39,453
2 Administrative Expense
6,156
6,156
6,156
6,156
3 Travel & Training
200
200
200
200
4 Supplies and Allocable Expense
2,358
2,358
2,358
2,358
5 Office Rent
1,487
1,487
1,487
1,487
6 Telephone and Misc.
1,500
1,500
1,500
L,500
7 Legal Assistance
500
500
500
500
8 Property Assessments
3,500
3,500
3,500
3,500
9 Utilities
6,500
6,500
6,500
6,500
10 Collection, Records checks and Contracted Services
300
300
300
300
11 Apartment Cleaning and Repair
16,000
16,000
16,000
16,000
12 Groundskeeping/Snow Removal
5,000
5,000
5,000
5,000
13 Debt Service (includes $3,552 reserve/capital improvements)
25,140
25,140
25,140
25,140
Total Expenses
$
108,094
108,094
108,094
108,094
(Decrease) in Cash from Rental Operations
$
(33,158)
(38,359)
(42588)
(51,734)
Revenue Notes
1 Historical Vacancy Factor for apartments 1-16 for 2010 was 19.27 percent.
Vacant units remain high due to economy and soft rental market.
# vacant units
Vacancy rate
1
6.25%
2
12.50%
3
18.75%
4
25.00%
Expense Notes
1 Salary and Fringe benefits for the supportive housing coordinator account for 1/3 of the total cost to the complex.
2 Administrative Expense is based on a percentage of actual administrative costs to the agency.
4 Supplies and Allocable are based on actual office supplies purchased.
5 Office Rent is based on square footage utilized by the program.
9 Utilities line item has increased based on historical vacancies.
11 Apartment Cleaning and Repair - The useful life of major systems in the
complex has been exceeded and need replaced.
Reserve Notes
CAP will be requesting monies from the reserve account to cover 2010 - 2011 operating loss. This will result in an approximate
balance of $10,000 in the reserve account.
24
Communitys Economic Development
ILTSIBWM
Fund 2185 Airport TIF
FTE BUDGET
FTE BUDGET
POSITION TITLE
FY10/11
FY11/12
CD manager
0.30 $15,234
0.33 $16,757
Subtotal
0.30 $15,234
0.33 $16,757
PAYROLL TAXES
$1,356
$1,461
Total line item 110
$16,590
$18,218
Fund 2188 Westside TIF
POSITION TITLE
Community Development Loan officer
0.20
$10,156
0.33
$16,757
Subtotal
0.20
$10,156
0.33
$16,757
PAYROLL TAXES
$904
$1,461
Total line item 110
$11,060
$18,218
Fund 2886 Community Development
POSITION TITLE
Community Development Director (currently vacant)
0.00
$0
0.00
$0
Community Development Manager
1.00
$51,177
1.00
$51,453
Loan officer
0.00
$0
0.00
$0
Subtotal
1.00
$51,177
1.00
$51,453
PAYROLL TAXES
$4,811
$4,777
Total line item 110
$55,988
$56,230
Fund 2887 Rural Development Loan Revolving Fund
POSITION TITLE
Loan officer 0.50 $ 25,390 0.34 $ 17,265
PAYROLL TAXES 0.50 $ 2,387
Total line item 110 $ 27,777
IN
0.34 $ 1,603
$ 18,868