6.0. EDSR 06-12-1995 - Laserfiche WebLink

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f 0 eO i STATEMENT OF FINANCIAL ACTIVITY v for the EDA, Micro Loan and DTED Loan Funds for period ended May 31, 1995 • ECONOMIC DEVELOPMENT AUTHORITHY Year Jan, 1, 1995 to Date May 31, 1995 Cash Balance 37,260.35 (32,743.72) 4,516.63 Month to Year to Month to Year to 1995 Budget Date Date 1995 Budget Date Date Revenues Expenditures Property Tax 73,850.00 - 2,086.97 Personal Services 42,200.00 111.92 386.16 HACA 12,050.00 - - Other Crgs&Sry 28,700.00 2,814.45 8,794.17 Interest Income - - 279.57 Contractual Services 9,100.00 - - Total Revenues 85,900.00 - 2,366.54 Transfers 1,000.00 - - Total Expenditures 81,000.00 2,926.37 9,180.33 Notes: Excludes$10,501.20 due to the City for reimbursement of personal service expenditures for EDA staff. A payment of$24,843.68 was made to the City in 1995 to reimburse 1994 expenditures. The Elk River Youth Hockey Association owes the EDA$10,390.44 for the Marquette study. MICRO LOAN FUND Year Jan. 1. 1995to Date May 31, 1995 Cash Balance 185,415.17 (48,612.30) 136,802.87 Month to Year to Month to Year to 1995 Budget Date Date 1995 Budget Date Date • Revenues - Expenditures Application Fees 480.00 Loans 98,000.00 Interest Income - 2,842.56 (1,606.93) Total Expenditures - 98,000.00 Loan Payments 12,590.25 44,916.97 Total Revenues - 15,432.81 43,790.04 Business Current Business Current Alltool Grant Y Pomeroy Tool Y Roma Tool Grant Y Designing Women Y Second Generation Y Tescom Y Indy Lube Y Woodsmen Quality Y Beaudry Y Larose Y R&D Sales Y Water Laboratories Y Mork Clinic Y E R Automall Y Americlnn Y T J Properties Y DTED LOAN FUND Year Jan. 1, 1995 to Date May 31, 1995 Cash Balance 18,418.11 16,692.38 35,110.49 Month to Year to Month to Year to I 1995 Budget Date Date 1995 Budget Date Date Revenues Expenditures Application Fees - - - Loans - - - Interest Income - 591.40 591.40 Total Expenditures - - - Loan Payments - 2,590.98 16,100.98 • Total Revenues - 3,182.38 16,692.38 6/7/95 STMT.XLS