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Notice of Meeting and Tentative Agenda
CITY OF JEFFERSON
Finance Committee
Thursday, February 20, 2020, 2019 at 7:30 AM
City Hall, 320 E. McCarty Street, Jefferson City, MO ~ Boone-Bancroft Room
TENTATIVE AGENDA
1. Call to Order
2. Roll Call
3. Approval of the minutes of the January 23, 2020 meeting
4. Financial Reports
a. Sales Tax Report
b. Revenue Model Report
c. Expense Report
d. Fund Balance Report
5. Lodging Tax Report
6. Chapter 353 Redevelopment Corporation – Ryan Moehlman
7. Local Preference Discussion – Councilman Mihalevich
8. New Business
9. Old Business
10. Adjournment
NOTES
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CITY OF JEFFERSON
Finance Committee Meeting
Thursday, January 23, 2020
MINUTES
The meeting was called to order by the Finance Committee Chairman, Councilman Mihalevich at 7:33 am. Roll
call showed that Councilmen Mihalevich, Prather, Graham and Hensley were in attendance. Councilwoman
Wiseman was not in attendance.
Next the minutes of the December 19, 2019 meeting were reviewed. A motion to approve was made by
Councilman Graham and seconded by Councilman Hensley. The minutes were approved unanimously.
The next item on the agenda was a report by the Finance Director, Margie Mueller, covering the Financial
Reports. Ms. Mueller reviewed the Revenue Model, the January sales tax receipts, year-to-date general ledger
account information, and the current fund balance calculation.
The next item on the agenda was a report by Chief Accountant, Shiela Pearre, covering the Lodging Tax receipts
to date. 4/7 of the Lodging tax collected during the timeframe where the rate has been 7%, less any expenses paid
by the 4 Cent Lockbox Fund, is $5,918,030. The average monthly amount collected for the 4 Cent Lockbox Fund
is $54,106. A report comparing occupancy rates for 2019, 2018, 2017, 2016, 2015, 2014, and 2013 was included
along with a report listing occupancy rates from other cities.
The next item on the agenda was a report by City Administrator, Steve Crowell, on the list of capital projects for
consideration. Mr. Crowell provided a memo that pointed out some crucial, more immediate items for
consideration, as well as an extensive list of capital projects. Fire Chief, Matt Schofield, made a presentation on
the Fire Station #4 remodel. Ms. Mueller talked about the Microsoft and Exchange Online upgrades, as well as
the Springbrook upgrade that were on Mr. Crowell’s project list. A motion was made by Councilman Prather to
move the purchase of the Microsoft and Exchange Online upgrade and the Springbrook upgrade to full Council
for approval and the motion was seconded by Councilman Graham. The motion passed unanimously.
The next item on the agenda was a discussion led by Mr. Crowell seeking clarification on whether or not he had
authorization to approve merit pay or pay-for-performance compensation increases for staff. Mr. Crowell
provided a memo outlining what he was seeking clarification on.
The next item on the agenda was about Local Preference Ordinance Language. Staff provided four examples of
local preference language from other Missouri cities.
Under new business, Ms. Mueller introduced the new Purchasing Agent, Leigh Ann Corrigan.
There was no old business to discuss.
The meeting adjourned at 9:17 am.
As recorded by:
Shiela Pearre, Chief Accountant
Memo
To:Steve Crowell
From:Shiela Pearre
Date:February 7, 2020
Re:Sales Tax Revenues
The City received the February 1% Sales Tax in the amount of $935,342 which is $27,542 more
than projected for February. January through February overage is $23,439 (0.20%) in the General Fund.
1% General Sales Tax
Receipt Actual Budget
Period Receipts Projection1 Variance
Nov-19 Jan-20 $1,049,305 $ 1,053,408 ($4,103)
Dec-19 Feb-20 $935,342 $ 907,800 $27,542
Jan-20 & Oct-Dec 19 Qtrly Mar-20 $ 1,149,910
Feb-20 Apr-20 $ 943,489
Mar-20 May-20 $ 737,589
Apr-20 & Jan-Mar 20 Qtrly Jun-20 $ 1,098,360
May-20 Jul-20 $ 1,126,594
Jun-20 Aug-20 $ 786,630
Jul-20 & Apr-June 20 Qtrly Sep-20 $ 1,217,674
Aug-20 Oct-20 $ 914,214
Sep-20 Nov-20 $ 765,399
Oct-20 & Jul-Sept 20 Qtrly Dec-20 $ 1,173,016
Total Overage/Shortfall $1,984,647 $11,874,085 $23,439
1Budgeted based on 3-year average percentage
1/2% Capital Improvement Tax - Sales Tax G
Receipt Actual Budget
Period Receipts Projection2 Variance
Nov-19 Jan-20 $513,808 $ 443,575 $70,234
Dec-19 Feb-20 $455,062 $ 382,261 $72,801
Jan-20 & Oct-Dec 19 Qtrly Mar-20 $ 484,210
Feb-20 Apr-20 $ 397,289
Mar-20 May-20 $ 310,588
Apr-20 & Jan-Mar 20 Qtrly Jun-20 $ 462,503
May-20 Jul-20 $ 474,392
Jun-20 Aug-20 $ 331,238
Jul-20 & Apr-June 20 Qtrly Sep-20 $ 512,744
Aug-20 Oct-20 $ 384,962
Sep-20 Nov-20 $ 322,298
Oct-20 & Jul-Sept 20 Qtrly Dec-20 $ 493,939
Total Overage/Shortfall $968,870 $5,000,000 $143,034
2Budgeted based on 3-year average percentage
1/2% Parks Sales Tax
Receipt Actual Budget
Period Receipts Projection3 Variance
Nov-19 Jan-20 $513,808 $ 502,570 $11,238
Dec-19 Feb-20 $455,062 $ 433,102 $21,960
Jan-20 & Oct-Dec 19 Qtrly Mar-20 $ 548,610
Feb-20 Apr-20 $ 450,129
Mar-20 May-20 $ 351,896
Apr-20 & Jan-Mar 20 Qtrly Jun-20 $ 524,016
May-20 Jul-20 $ 537,486
Jun-20 Aug-20 $ 375,293
Jul-20 & Apr-June 20 Qtrly Sep-20 $ 580,939
Aug-20 Oct-20 $ 436,162
Sep-20 Nov-20 $ 365,164
Oct-20 & Jul-Sept 20 Qtrly Dec-20 $ 559,633
Total Overage/Shortfall $968,870 $5,665,000 $33,198
3Budgeted based on 3-year average percentage
Period
Reporting
Period
Reporting
Period
Reporting
City of Jefferson, Mo. - Account Analysis
Printed 2/7/2020
Account Name General Fund Sales Tax Rate:One percent (1%)Receipt Month: FEBRUARY 2020
Account Number 10-100-400010 Prior 5 years
Monthly
REPORTING PERIOD RECEIPT PERIOD 2015 2016 2017 2018 2019 2020 Average
Nov January 944,619 929,179 1,083,570 884,259 $1,071,917 1,049,305 act.982,709
Dec February 727,437 812,670 806,789 927,290 $885,496 935,342 act.831,936
Jan & Oct-Dec Qtrly March 1,091,021 1,183,675 1,073,842 1,155,742 $1,088,631 1,149,910 est.1,118,582
Feb April 1,059,943 893,024 843,561 986,714 $892,285 943,489 est.935,106
Mar May 618,854 648,305 687,741 709,248 $731,421 737,589 est.679,114
Apr & Jan-Mar Qtrly June 1,045,933 1,119,566 1,000,942 1,042,310 $1,126,211 1,098,360 est.1,066,992
May July 963,280 1,012,207 1,154,051 1,117,038 $979,846 1,126,594 est.1,045,284
Jun August 562,996 661,518 678,636 821,132 $770,155 786,630 est.698,887
Jul & Apr-Jun Qtrly September 1,185,891 1,197,976 1,143,504 1,129,543 $1,262,838 1,217,674 est.1,183,950
Aug October 918,839 903,829 883,215 879,331 $875,539 914,214 est.892,151
Sept November 661,849 623,645 615,667 774,337 $818,656 765,399 est.698,831
Oct & Jul-Sept Qtrly December 1,075,638 1,016,682 1,333,160 1,043,108 $1,008,620 1,173,016 est.1,095,442
Actual to Date $ 10,856,302 $ 11,002,277 $ 11,304,678 $ 11,470,052 $ 11,511,614 1,984,647
Estimated to Fiscal Year end (based on averages and on Budgeted amount)9,912,877
Total Actual & Estimated $ 11,897,524
Less: Budget 11,874,085
Over (Under) Budget $ 23,439
$ 1,049,305
$ 1,984,647
$ 1,053,408
$ 1,961,208
$ 3,111,118
$ 4,054,608
$ 4,792,197
$ 5,890,557
$ 7,017,152
$ 7,803,782
$ 9,021,456
$ 9,935,670
$ 10,701,070
$ 11,874,085
$ 500,000
$ 1,000,000
$ 1,500,000
$ 2,000,000
$ 2,500,000
$ 3,000,000
$ 3,500,000
$ 4,000,000
$ 4,500,000
$ 5,000,000
$ 5,500,000
$ 6,000,000
$ 6,500,000
$ 7,000,000
$ 7,500,000
$ 8,000,000
$ 8,500,000
$ 9,000,000
$ 9,500,000
$ 10,000,000
$ 10,500,000
$ 11,000,000
$ 11,500,000
$ 12,000,000
$ 12,500,000
Nov Dec Jan & Oct-Dec
Qtrly
Feb Mar Apr & Jan-Mar
Qtrly
May Jun Jul & Apr-Jun
Qtrly
Aug Sept Oct & Jul-Sept
Qtrly
REPORTING PERIOD
YTD Actuals vs. YTD Budget
Actual
Budget
City of Jefferson, Mo. - Account Analysis
Printed 2/7/2020
Account Name Capital Imprs Sales Tax Rate:One-Half percent (½%)Receipt Month: FEBRUARY 2020
Account Number 45-100-440010 Prior 5 years
Monthly
REPORTING PERIOD RECEIPT PERIOD 2015 2016 2017 2018 2019 2020 Average
Nov January 461,560 455,278 525,521 424,160 $525,696 513,808 act.478,443
Dec February 362,597 405,543 402,964 444,476 $427,711 455,062 act.408,658
Jan & Oct-Dec Qtrly March 511,685 563,056 506,597 575,894 $527,714 484,210 est.536,989
Feb April 512,808 431,353 411,020 455,943 $430,468 397,289 est.448,318
Mar May 308,247 322,957 340,162 340,740 $351,775 310,588 est.332,776
Apr & Jan-Mar Qtrly June 496,466 539,529 489,008 508,225 $554,062 462,503 est.517,458
May July 473,120 498,229 559,119 548,625 $481,405 474,392 est.512,100
Jun August 280,733 330,112 338,618 393,512 $372,416 331,238 est.343,078
Jul & Apr-Jun Qtrly September 565,296 570,134 542,457 545,731 $615,998 512,744 est.567,923
Aug October 442,371 435,416 425,493 423,478 $421,199 384,962 est.429,591
Sept November 330,393 310,506 307,281 374,512 $395,311 322,298 est.343,601
Oct & Jul-Sept Qtrly December 515,478 494,218 652,070 510,228 $495,454 493,939 est.533,490
Actual to Date $ 5,260,753 $ 5,356,330 $ 5,500,311 $ 5,545,522 $ 5,599,211 968,870
Estimated to Fiscal Year end (based on averages and on Budgeted amount)4,174,165
Total Actual & Estimated $ 5,143,034
Less: Budget 5,000,000
Over (Under) Budget $ 143,034
$ 513,808
$ 968,870
$ 443,575
$ 825,835
$ 1,310,045
$ 1,707,335
$ 2,017,923
$ 2,480,426
$ 2,954,818
$ 3,286,056
$ 3,798,800
$ 4,183,762
$ 4,506,061
$ 5,000,000
$ 100,000
$ 350,000
$ 600,000
$ 850,000
$ 1,100,000
$ 1,350,000
$ 1,600,000
$ 1,850,000
$ 2,100,000
$ 2,350,000
$ 2,600,000
$ 2,850,000
$ 3,100,000
$ 3,350,000
$ 3,600,000
$ 3,850,000
$ 4,100,000
$ 4,350,000
$ 4,600,000
$ 4,850,000
$ 5,100,000
$ 5,350,000
Nov Dec Jan & Oct-
Dec Qtrly
Feb Mar Apr & Jan-
Mar Qtrly
May Jun Jul & Apr-Jun
Qtrly
Aug Sept Oct & Jul-
Sept Qtrly
REPORTING PERIOD
YTD Actuals vs. YTD Budget
Actual
Budget
City of Jefferson, Mo. - Account Analysis
Printed 2/7/2020
Account Name Parks Sales Tax Rate:One-Half percent (½%)Receipt Month: FEBRUARY 2020
Account Number 21-210-400010 Prior 5 years
Monthly
REPORTING PERIOD RECEIPT PERIOD 2015 2016 2017 2018 2019 2020 Average
Nov January 461,472 455,239 525,521 424,192 $525,690 513,808 act.478,423
Dec February 362,371 405,543 395,217 450,479 $427,689 455,062 act.408,260
Jan & Oct-Dec Qtrly March 511,582 563,039 506,524 577,148 $527,588 548,610 est.537,176
Feb April 512,738 431,353 411,020 457,060 $430,459 450,129 est.448,526
Mar May 308,030 322,957 340,162 340,708 $350,479 351,896 est.332,467
Apr & Jan-Mar Qtrly June 496,386 539,529 489,008 508,266 $554,065 524,016 est.517,451
May July 473,038 498,229 559,115 548,639 $481,406 537,486 est.512,085
Jun August 280,513 330,112 338,470 393,578 $372,405 375,293 est.343,015
Jul & Apr-Jun Qtrly September 565,217 572,847 542,457 545,842 $616,012 580,939 est.568,475
Aug October 442,370 435,416 425,497 423,387 $421,199 436,162 est.429,574
Sept November 330,393 310,506 307,305 374,484 $395,311 365,164 est.343,600
Oct & Jul-Sept Qtrly December 515,368 494,218 652,101 510,220 $495,452 559,633 est.533,472
Actual to Date $ 5,259,477 $ 5,358,988 $ 5,492,397 $ 5,554,002 $ 5,597,755 968,870
Estimated to Fiscal Year end (based on averages and on Budgeted amount)4,729,328
Total Actual & Estimated $ 5,698,198
Less: Budget 5,665,000
Over (Under) Budget $ 33,198
$ 513,808
$ 968,870
$ 502,570
$ 935,672
$ 1,484,282
$ 1,934,410
$ 2,286,306
$ 2,810,322
$ 3,347,809
$ 3,723,101
$ 4,304,041
$ 4,740,203
$ 5,105,367
$ 5,665,000
$ 100,000
$ 350,000
$ 600,000
$ 850,000
$ 1,100,000
$ 1,350,000
$ 1,600,000
$ 1,850,000
$ 2,100,000
$ 2,350,000
$ 2,600,000
$ 2,850,000
$ 3,100,000
$ 3,350,000
$ 3,600,000
$ 3,850,000
$ 4,100,000
$ 4,350,000
$ 4,600,000
$ 4,850,000
$ 5,100,000
$ 5,350,000
$ 5,600,000
$ 5,850,000
$ 6,100,000
Nov Dec Jan & Oct-
Dec Qtrly
Feb Mar Apr & Jan-
Mar Qtrly
May Jun Jul & Apr-Jun
Qtrly
Aug Sept Oct & Jul-
Sept Qtrly
REPORTING PERIOD
YTD Actuals vs. YTD Budget
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FY2020
Revenue Model Report (Detail)Remaining
For the Period Ending January 31, 2020 YTD Actual Estimated Revenues Actual & Estimated Projected Over/Verification
Description Budget As of 2/7/20 As of 2/7/20 TOTAL (Under) Budget of Formulas
Sales Tax and Use Tax
10‐100‐400010 Sales Tax $11,874,085.20 $1,984,647.21 $9,912,877.07 $11,897,524.28 $23,439.08 $23,439.08
10‐100‐400020 Sales Tax Interest $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$11,874,085.20 $1,984,647.21 $9,912,877.07 $11,897,524.28 $23,439.08 $23,439.08
Intergovernmental Taxes
10‐100‐401030 Motor Vehicle Sales Tax $591,500.00 $45,783.88 $546,633.40 $592,417.28 $917.28 $917.28
10‐100‐403010 Gasoline Tax $1,161,000.00 $94,845.64 $1,065,820.76 $1,160,666.40 ($333.60)($333.60)
10‐100‐430080 Road & Bridge Tax $570,000.00 $0.00 $570,000.00 $570,000.00 $0.00 $0.00
$2,322,500.00 $140,629.52 $2,182,454.17 $2,323,083.69 $583.69 $583.69
Other Taxes
10‐100‐403020 Cig Tax $106,000.00 $14,774.04 $89,012.89 $103,786.93 ($2,213.07)($2,213.07)
$106,000.00 $14,774.04 $89,012.89 $103,786.93 ($2,213.07)($2,213.07)
Franchise & Utility Tax
10‐100‐410020 Electric Utility Lic Tax $4,100,000.00 $500,007.53 $3,558,126.72 $4,058,134.25 ($41,865.75)($41,865.75)
10‐100‐410021 Electric Utility‐AUDIT $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐410030 Gas Utility License Tax $950,000.00 $176,829.81 $767,878.79 $944,708.60 ($5,291.40)($5,291.40)
10‐100‐410052 Telephone/Cell Utility $1,800,000.00 $260,367.72 $1,478,173.84 $1,738,541.56 ($61,458.44)($61,458.44)
10‐100‐410053 Telephone/Cell Audit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐410060 Cable Franchise Fee $355,000.00 $2,491.28 $347,555.78 $350,047.06 ($4,952.94)($4,952.94)
$7,205,000.00 $939,696.34 $6,151,735.13 $7,091,431.47 ($113,568.53)($113,568.53)
Property Taxes
10‐100‐420010 Current Property Tax $4,790,000.00 $4,666,070.47 $180,870.97 $4,846,941.44 $56,941.44 $56,941.44
10‐100‐420020 Del Property Tax $45,000.00 $19,904.93 $29,643.11 $49,548.04 $4,548.04 $4,548.04
10‐100‐420040 Fin Institution Tax $33,000.00 $29,796.21 $0.00 $29,796.21 ($3,203.79)($3,203.79)
10‐100‐420050 Prop Tax Int & Penalties $29,000.00 $8,114.11 $24,301.52 $32,415.63 $3,415.63 $3,415.63
10‐100‐420055 Surtax Receipts ‐ County Reimb $54,399.00 $54,399.28 $0.00 $54,399.28 $0.28 $0.28
10‐100‐420060 Surtax Receipts $467,000.00 $451,268.09 $18,589.86 $469,857.95 $2,857.95 $2,857.95
10‐100‐420080 Special Tax Rev $48,000.00 $22,447.33 $32,495.87 $54,943.20 $6,943.20 $6,943.20
$5,466,399.00 $5,252,000.42 $285,901.33 $5,537,901.75 $71,502.75 $71,502.75
Intergovernmental
10‐100‐430010 Federal Grant $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐430040 Local Grant $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐430060 Drug Forfeiture $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐480020 NSP Rehab Sales $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐480025 HUD Program Income $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Charges for Services
10‐100‐440010 Admin Charge Backs $1,555,757.00 $1,555,757.00 $0.00 $1,555,757.00 $0.00 $0.00
10‐100‐440050 Emt Reimbursement $25,000.00 $0.00 $25,000.00 $25,000.00 $0.00 $0.00
10‐100‐440210 Street Cuts $27,000.00 $12,179.00 $20,810.85 $32,989.85 $5,989.85 $5,989.85
10‐100‐440910 Fuel Charge ‐ backs $12,000.00 $1,698.47 $9,248.86 $10,947.33 ($1,052.67)($1,052.67)
10‐100‐440920 Parts Charge backs $244,000.00 $34,309.27 $205,079.54 $239,388.81 ($4,611.19)($4,611.19)
10‐100‐440930 Labor Charge backs $275,000.00 $38,502.49 $229,213.55 $267,716.04 ($7,283.96)($7,283.96)
10‐100‐481020 Cole Cty Animal Rescue $112,229.12 $28,057.29 $84,171.84 $112,229.13 $0.01 $0.01
10‐100‐481030 Rent City Hall/Annex $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐481040 Rent Other $12,000.00 $200.00 $12,000.00 $12,200.00 $200.00 $200.00
10‐100‐481045 Rent‐tower Sites $156,000.00 $14,947.38 $142,139.74 $157,087.12 $1,087.12 $1,087.12
10‐100‐481065 Parking Spot Maintenance $25,000.00 $25,000.00 $0.00 $25,000.00 $0.00 $0.00
10‐100‐481075 Cole Cty 911 Reimb $389,991.81 $96,752.36 $293,191.38 $389,943.74 ($48.07)($48.07)
10‐100‐481080 Sale Of Maps/GIS Data $0.00 $10.00 $0.00 $10.00 $10.00 $10.00
10‐100‐481085 Cole Cty GIS Joint Coop $16,850.00 $3,750.00 $13,100.00 $16,850.00 $0.00 $0.00
10‐100‐481100 Sale Of Grave Sites $4,500.00 $417.00 $3,046.67 $3,463.67 ($1,036.33)($1,036.33)
10‐100‐481105 TIF Administration Fee $19,802.11 $230.00 $19,572.11 $19,802.11 $0.00 $0.00
10‐100‐481110 Long & Short $0.00 $0.02 $0.00 $0.02 $0.02 $0.02
$2,875,130.04 $1,811,810.28 $1,056,574.55 $2,868,384.83 ($6,745.21)($6,745.21)
Fees, Licenses, & Permits
10‐100‐450010 Liquor Licenses $68,000.00 $1,839.17 $67,151.80 $68,990.97 $990.97 $990.97
10‐100‐450020 Business Licenses $215,000.00 $73,651.85 $144,580.23 $218,232.08 $3,232.08 $3,232.08
10‐100‐450021 Home Occupation Permit $2,000.00 $165.00 $1,557.12 $1,722.12 ($277.88)($277.88)
10‐100‐450040 Abandoned Bldg. Regist. $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐450041 Abandoned Bldg. Admin Fee $8,000.00 $3,982.00 $6,000.00 $9,982.00 $1,982.00 $1,982.00
10‐100‐450045 Building Construct. Fees $260,000.00 $103,824.37 $195,596.62 $299,420.99 $39,420.99 $39,420.99
10‐100‐450050 Electrical Certificates $22,000.00 $12,009.00 $7,045.96 $19,054.96 ($2,945.04)($2,945.04)
10‐100‐450060 Electrical Permits $4,000.00 $2,940.40 $3,229.08 $6,169.48 $2,169.48 $2,169.48
10‐100‐450070 Plumbing Licenses $12,000.00 $6,885.00 $4,299.41 $11,184.41 ($815.59)($815.59)
10‐100‐450080 Plumbing Permits $5,800.00 $2,247.50 $4,699.59 $6,947.09 $1,147.09 $1,147.09
FY2020
Revenue Model Report (Detail)Remaining
For the Period Ending January 31, 2020 YTD Actual Estimated Revenues Actual & Estimated Projected Over/Verification
Description Budget As of 2/7/20 As of 2/7/20 TOTAL (Under) Budget of Formulas
10‐100‐450090 Other Lic & Permits $2,000.00 $0.00 $1,892.84 $1,892.84 ($107.16)($107.16)
10‐100‐450091 Day Care Inspection Fees $7,300.00 $1,315.00 $5,418.52 $6,733.52 ($566.48)($566.48)
10‐100‐450092 Food Inspection Fees $87,550.00 $4,689.53 $83,317.51 $88,007.04 $457.04 $457.04
10‐100‐450100 Curb Cut Permits $850.00 $870.00 $808.17 $1,678.17 $828.17 $828.17
10‐100‐450110 Board Of Adj Fees $3,770.00 $400.00 $2,787.86 $3,187.86 ($582.14)($582.14)
10‐100‐450120 Sign Permits $6,300.00 $2,142.00 $5,350.85 $7,492.85 $1,192.85 $1,192.85
10‐100‐450130 Demolition Permits $1,600.00 $1,700.00 $1,362.18 $3,062.18 $1,462.18 $1,462.18
10‐100‐450150 Acc Rep Fees‐police $11,500.00 $1,975.00 $8,766.79 $10,741.79 ($758.21)($758.21)
10‐100‐450160 Accrpt/blastg P‐fire $1,050.00 $152.27 $1,038.25 $1,190.52 $140.52 $140.52
10‐100‐450170 Animal Redemption Fees $108,000.00 $22,652.00 $89,693.86 $112,345.86 $4,345.86 $4,345.86
10‐100‐450180 Animal Vaccinations Fees $5,200.00 $1,225.00 $3,931.91 $5,156.91 ($43.09)($43.09)
10‐100‐450185 Animal Cremation Fees $45,000.00 $9,724.00 $34,630.02 $44,354.02 ($645.98)($645.98)
10‐100‐450186 Animal Boarding Fees $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐450190 Taxi Permits $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐450230 Vacating Right Of Way $800.00 $544.00 $582.34 $1,126.34 $326.34 $326.34
10‐100‐450250 Rezoning Request $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐450255 Planning & Zoning Review Fees $23,000.00 $3,215.00 $17,491.18 $20,706.18 ($2,293.82)($2,293.82)
10‐100‐450260 Non‐refundable Plans/spec $1,800.00 $475.00 $1,457.92 $1,932.92 $132.92 $132.92
$902,520.00 $258,623.09 $692,689.98 $951,313.07 $48,793.07 $48,793.07
Fines & Forfeitures
10‐100‐460010 Court Cost $69,000.00 $14,933.18 $51,984.21 $66,917.39 ($2,082.61)($2,082.61)
10‐100‐460015 Court Restitutions $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐460018 Inmate Security Fund $11,500.00 $1,711.35 $8,668.69 $10,380.04 ($1,119.96)($1,119.96)
10‐100‐460020 Jail Cost Recovery $1,500.00 $80.07 $1,272.17 $1,352.24 ($147.76)($147.76)
10‐100‐460025 Alcohol Offense Cost Rec $4,200.00 $1,087.55 $3,265.74 $4,353.29 $153.29 $153.29
10‐100‐460030 Pol Fines‐traffic $630,000.00 $99,561.60 $481,142.12 $580,703.72 ($49,296.28)($49,296.28)
10‐100‐460090 Parking Fines $54,000.00 $3,590.50 $42,344.62 $45,935.12 ($8,064.88)($8,064.88)
10‐100‐460100 Bankcard Charges ($3,600.00)($973.74)($3,193.51)($4,167.25)($567.25)($567.25)
$766,600.00 $119,990.51 $585,484.06 $705,474.57 ($61,125.43)($61,125.43)
Contributions/Donations
10‐100‐480055 JC Fire Museum $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐480070 Community Projects Donations $9,615.56 $15,153.05 $0.00 $15,153.05 $5,537.49 $5,537.49
10‐100‐480080 Dare Donations $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐480090 Police K‐9 Donations $1,000.00 $1,000.00 $0.00 $1,000.00 $0.00 $0.00
10‐100‐480165 Animal S Donations $0.00 $6,280.11 $0.00 $6,280.11 $6,280.11 $6,280.11
10‐100‐481055 Street Repair‐Solid Waste Cntr $331,594.00 $27,291.91 $303,695.50 $330,987.41 ($606.59)($606.59)
10‐100‐481095 Cemetery Donations $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$342,209.56 $49,725.07 $303,695.50 $353,420.57 $11,211.01 $11,211.01
Other Operating Revenues
10‐100‐480011 Police Evidence Funds $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐481070 Miscellaneous $53,000.00 $15,594.99 $33,394.20 $48,989.19 ($4,010.81)($4,010.81)
10‐100‐481072 TIF Prof Svcs Deposit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
10‐100‐481074 Revenue Share ‐ Purchasing Card $19,000.00 $1,649.20 $16,372.72 $18,021.92 ($978.08)($978.08)
10‐100‐481077 Insurance Claims $20,000.00 $2,642.40 $19,098.65 $21,741.05 $1,741.05 $1,741.05
10‐100‐481078 Cafeteria Refunds $10,000.00 $0.00 $10,000.00 $10,000.00 $0.00 $0.00
$102,000.00 $19,886.59 $78,865.57 $98,752.16 ($3,247.84)($3,247.84)
Interest Income
10‐100‐470010 Interest $160,002.04 $7,518.28 $149,012.46 $156,530.74 ($3,471.30)($3,471.30)
$160,002.04 $7,518.28 $149,012.46 $156,530.74 ($3,471.30)($3,471.30)
Other Non Operating Revenue
10‐100‐485050 Sale Of Assets $55,000.00 $18,187.75 $36,000.00 $54,187.75 ($812.25)($812.25)
$55,000.00 $18,187.75 $36,000.00 $54,187.75 ($812.25)($812.25)
Operating Transfers In
10‐100‐490240 Trsfr From Lodging Tax $26,000.00 $4,694.51 $21,682.93 $26,377.44 $377.44 $377.44
10‐100‐490630 Transfer from Self Funded Hlth Ins $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
$26,000.00 $4,694.51 $21,682.93 $26,377.44 $377.44 $377.44
$32,203,445.84 $10,622,183.61 $21,545,985.63 $32,168,169.24 ($35,276.60)($35,276.60)
CITY OF JEFFERSON
FISCAL YEAR 2020 ESTIMATED FUND BALANCE
FYE2018 UNASSIGNED FUND BALANCE (Audited) 8,289,016.96$
FYE2019 GENERAL FUND ACTIVITY
Unaudited FY2019 Total General Fund Revenues 33,074,656.82$
Unaudited FY2019 Total General Fund Expenditures (34,934,392.29)$
(1,859,735.47)$
FYE2019 ESTIMATED GENERAL FUND BALANCE (Unaudited)6,429,281.49$
Reappropriations from FY2019 to FY2020
Unused intern funding used to fund FY20 intern program (21,000.00)$
Purchase of snow plow (85,091.28)$
Structural Survey (15,000.00)$
Neighborhood Stabilization Program (47,097.38)$
LCRA Reimbursement (179,343.05)$
New Fire Station 2 ‐ remaining funds (351,677.07)$
Future Fire Stations (34,172.50)$
Pipe Lining 2019 (110,000.00)$
Downtown Streetscape (800.00)$
Ongoing Infrastructure/Facility Needs (279,500.47)$
Building Permit Process Review (5,000.00)$
(1,128,681.75)$
2020 Adjustments/Supplementals
FY2020 Supplemental Appropriations:
Demolition for 200/202 E. High St (300,000.00)$
(300,000.00)$
FYE2020 ESTIMATED Unassigned Fund Balance 5,000,599.74$
FYE2020 ESTIMATED Fund Balance % of Adopted Budget 15.24%
17% of FY2020 Adopted Budget ($32,930,481) = $5,598,182
Tax Period
Due Date to
City Total Lodging Tax JCCVB (3/7)
JCCVB/Tourism Fund
(4/7)**
May-11 6/20/11 91,258.41 38,328.53 51,104.71
Jun-11 7/20/11 101,479.82 42,621.54 56,828.68
Jul-11 8/20/11 88,392.47 37,124.82 49,499.80
Aug-11 9/20/11 73,144.02 30,720.48 40,960.66
Sep-11 10/20/11 103,618.61 43,519.80 58,026.44
Oct-11 11/20/11 105,531.99 44,323.44 59,097.91
Nov-11 12/20/11 66,556.88 27,953.89 37,271.85
Dec-11 1/20/12 52,204.97 21,926.07 29,234.80
Jan-12 2/20/12 65,645.72 27,571.20 36,761.61
566.37 Interest Received
Feb-12 3/20/12 85,143.89 35,760.45 47,680.56
383.96 4/2012 Interest Received
Mar-12 4/20/12 81,904.23 34,399.77 45,866.38
636.05 5/2012 Interest Received
(8.11) 5/2012 Service Charge
Apr-12 5/20/12 103,406.71 43,430.82 57,907.76
685.97 6/2012 Interest Received
(7.25) 6/2012 Service Charge
May-12 6/20/12 89,713.24 37,679.58 50,239.40
785.01 7/2012 Interest Received
(7.25) 7/2012 Service Charge
Jun-12 7/20/12 86,753.72 36,436.56 48,582.08
832.99 8/2012 Interest Received
(7.25) 8/2012 Service Charge
Jul-12 8/20/12 89,904.69 37,759.97 50,346.63
Aug-12 9/20/12 76,708.71 32,217.66 42,956.88
887.55 9/2012 Interest Received
(7.25) 9/2012 Service Charge
987.59 10/2012 Interest Received
(7.50) 10/2012 Service Charge
Sep-12 10/20/12 109,335.16 45,920.77 61,227.69
1,011.18 11/2012 Interest Received
(7.00) 11/2012 Service Charge
Oct-12 11/20/12 109,059.34 45,804.92 61,073.23
45,804.92 JCCVB 3/7 Check Deposited in Error
1,166.54 12/2012 Interest Received
(7.50) 12/2012 Service Charge
Nov-12 12/20/12 69,756.75 29,297.84 39,063.77
(45,804.92) Correction of Deposit Error
1,185.18 1/2013 Interest Received
(7.33) 1/2013 Service Charge
Dec-12 1/20/13 55,126.67 23,153.20 30,870.94
1,108.23 2/2013 Interest Received
(7.35) 2/2013 Service Charge
Jan-13 2/20/13 84,295.92 35,404.29 47,205.71
1,271.02 3/2013 Interest Received
(8.28) 3/2013 Service Charge
Feb-13 3/20/13 84,199.16 35,363.65 47,151.53
1,297.26 4/2013 Interest Received
(8.28) 4/2013 Service Charge
Mar-13 4/20/13 98,008.06 41,163.39 54,884.51
1,413.79 5/2013 Interest Received
(7.37) 5/2013 Service Charge
Apr-13 5/20/13 100,022.48 42,009.44 56,012.59
1,450.30 6/2013 Interest Received
Tax Period
Due Date to
City Total Lodging Tax JCCVB (3/7)
JCCVB/Tourism Fund
(4/7)**
(8.56) 6/2013 Service Charge
(10,000.00) Ck #50 - C H Johnson Consulting
May-13 6/20/13 97,602.44 40,993.02 54,657.37
1,570.41 7/2013 Interest Received
(8.45) 7/2013 Service Charge
(1,187.09) Ck #1001 - C H Johnson Consulting
Jun-13 7/20/13 92,796.57 38,974.56 51,966.08
1,620.41 8/2013 Interest Received
(8.45) 8/2013 Service Charge
(33.25) Ck #1002 - City of Jefferson - RFP Ad
(15,000.00) Ck #1003 - C H Johnson Consulting
(10,000.00) Ck #1004 - C H Johnson Consulting
Jul-13 8/20/13 93,352.06 39,207.87 52,277.15
1,606.48 9/2013 Interest Received
(8.79) 9/2013 Service Charge
(5,000.00) Ck #1005 - C H Johnson Consulting
Aug-13 9/20/13 89,778.97 37,707.17 50,276.22
1,726.08 10/2013 Interest Received
(8.45) 10/2013 Service Charge
(3,000.00) Ck #1006 - C H Johnson Consulting
Sep-13 10/20/13 108,879.17 45,729.25 60,972.34
1,728.36 11/2013 Interest Received
(8.45) 11/2013 Service Charge
Oct-13 11/20/13 120,248.83 50,504.51 67,339.34
1,864.47 12/2013 Interest Received
(8.28) 12/2013 Service Charge
Nov-13 12/20/13 84,253.54 35,386.49 47,181.98
1,918.75 1/2014 Interest Received
(8.28) 1/2014 Service Charge
Dec-13 1/20/14 63,745.74 26,773.21 35,697.61
1,807.90 2/2014 Interest Received
(8.28) 2/2014 Service Charge
Jan-14 2/20/14 92,051.62 38,661.68 51,548.91
(1,562.61) Ck #1007 - C H Johnson Consulting
2,078.72 3/2014 Interest Received
(8.45) 3/2014 Service Charge
Feb-14 3/20/14 80,825.68 33,946.79 45,262.38
2,052.68 4/2014 Interest Received
(8.28) 4/2014 Service Charge
Mar-14 4/30/14 106,553.94 44,752.65 59,670.21
2,198.76 5/2014 Interest Received
(8.29) 5/2014 Service Charge
Apr-14 5/20/14 104,278.69 43,797.05 58,396.07
2,203.13 6/2014 Interest Received
(8.29) 6/2014 Service Charge
May-14 6/20/14 116,059.44 48,744.96 64,993.29
2,391.04 7/2014 Interest Received
(8.29) 7/2014 Service Charge
Jun-14 7/20/14 104,333.69 43,820.15 58,426.87
2,457.38 8/2014 Interest Received
(8.29) 8/2014 Service Charge
Jul-14 8/20/14 98,901.39 41,538.58 55,384.78
2,459.73 9/2014 Interest Received
(8.29) 9/2014 Service Charge
Aug-14 9/20/14 75,962.88 31,904.41 42,539.21
Tax Period
Due Date to
City Total Lodging Tax JCCVB (3/7)
JCCVB/Tourism Fund
(4/7)**
2,593.43 10/2014 Interest Received
(8.29) 10/2014 Service Charge
Sep-14 10/20/14 112,370.02 47,195.41 62,927.21
2,586.87 11/2014 Interest Received
(8.29) 11/2014 Service Charge
Oct-14 11/20/14 116,992.89 49,137.01 65,516.02
2,736.57 12/2014 Interest Received
(14.65) 12/2014 Service Charge
Nov-14 12/20/14 72,761.33 30,559.76 40,746.34
2,798.53 1/2015 Interest Received
(8.29) 1/2015 Service Charge
Dec-14 1/20/15 60,394.73 25,365.79 33,821.05
2,575.56 2/2015 Interest Received
(8.29) 2/2015 Service Charge
Jan-15 2/20/15 85,741.83 36,011.57 48,015.42
2,935.34 3/2015 Interest Received
(8.29) 3/2015 Service Charge
Feb-15 3/20/15 84,317.61 35,413.40 47,217.86
2,911.14 4/2015 Interest Received
(10.54) 4/2015 Service Charge
Mar-15 4/20/15 114,789.97 48,211.79 64,282.38
3,049.41 5/2015 Interest Received
(8.29) 5/2015 Service Charge
Apr-15 5/20/15 102,479.43 43,041.36 57,388.48
3,046.67 6/2015 Interest Received
(8.29) 6/2015 Service Charge
May-15 6/20/15 116,174.48 48,793.28 65,057.71
3,217.49 7/2015 Interest Received
(8.29) 7/2015 Service Charge
Jun-15 7/31/15 97,379.11 40,899.23 54,532.30
3,287.90 8/2015 Interest Received
(10.67) 8/2015 Service Charge
Jul-15 8/20/15 102,541.78 43,067.55 57,423.40
3,307.41 9/2015 Interest Received
(8.58) 9/2015 Service Charge
Aug-15 9/20/15 81,248.87 34,124.53 45,499.37
3,476.74 10/2015 Interest Received
(8.29) 10/2015 Service Charge
Sep-15 10/20/15 102,709.81 43,138.12 57,517.49
3,421.47 11/2015 Interest Received
(8.00) 11/2015 Service Charge
Oct-15 12/1/15 107,837.70 45,291.83 60,389.11
3,605.14 12/2015 Interest Received
(8.29) 12/2015 Service Charge
Nov-15 12/31/15 67,119.58 28,190.22 37,586.96
Sep-15 1,908.92 801.75 1,069.00 late pays
3,666.35 1/2016 Interest Received
(8.29) 1/2016 Service Charge
Dec-15 1/31/16 66,959.22 28,122.88 37,497.16
3,478.72 2/2016 Interest Received
(8.49) 2/2016 Service Charge
Jan-16 2/20/16 83,239.99 34,960.80 46,614.39
3,786.20 3/2016 Interest Received
(8.28) 3/2016 Service Charge
Feb-16 3/20/16 97,559.96 40,975.18 54,633.58
Tax Period
Due Date to
City Total Lodging Tax JCCVB (3/7)
JCCVB/Tourism Fund
(4/7)**
3,718.19 4/2016 Interest Received
(8.27) 4/2016 Service Charge
Mar-16 4/29/16 101,134.20 42,476.36 56,635.16
3,914.86 5/2016 Interest Received
(8.26) 5/2016 Service Charge
Apr-16 5/20/16 140,992.87 59,217.01 78,956.01
3,905.43 6/2016 Interest Received
May-16 6/20/16 112,152.91 47,104.22 62,805.63
3,985.42 7/2016 Interest Received
Jun-16 7/31/16 106,704.37 44,815.83 59,754.44
4,207.43 8/2016 Interest Received
Jul-16 8/20/16 96,811.40 40,660.79 54,214.38
4,136.69 9/2016 Interest Received
Aug-16 9/20/16 88,674.86 37,243.44 49,657.92
4,350.78 10/2016 Interest Received
Sep-16 10/31/16 100,606.10 42,254.56 56,339.42
4,292.30 11/2016 Interest Received
Oct-16 11/20/16 120,471.15 50,597.88 67,463.85
4,531.06 12/2016 Interest Received
Nov-16 12/20/16 88,755.07 37,277.13 49,702.83
4,602.85 1/2017 Interest Received
Dec-16 1/31/17 65,709.30 27,597.91 36,797.21
4,207.06 2/2017 Interest Received
Jan-17 2/20/17 95,905.35 40,280.25 53,706.99
4,726.10 3/2017 Interest Received
Feb-17 3/31/17 95,135.98 39,957.11 53,276.15
4,651.72 4/2017 Interest Received
Mar-17 4/30/17 111,370.63 46,775.67 62,367.55
4,885.76 5/2017 Interest Received
Apr-17 5/30/17 109,652.93 46,054.23 61,405.64
4,807.94 6/2017 Interest Received
May-17 6/30/17 123,148.39 51,722.32 68,963.10
5,089.00 7/2017 Interest Received
Jun-17 7/31/17 120,310.25 50,530.30 67,373.74
5,141.00 8/2017 Interest Received
Jul-17 8/20/17 101,096.32 42,460.45 56,613.94
5,081.97 9/2017 Interest Received
Aug-17 9/30/17 99,136.13 41,637.18 55,516.23
5,325.63 10/2017 Interest Received
Sep-17 10/31/17 112,835.87 47,391.06 63,188.09
5,243.98 11/2017 Interest Received
Oct-17 11/20/17 118,132.32 49,615.57 66,154.10
5,519.00 12/2017 Interest Received
Nov-17 12/20/17 84,414.19 35,453.96 47,271.95
5,565.66 1/2018 interest Received
Dec-17 1/31/18 64,644.90 27,150.86 36,201.14
5,076.25 2/2018 interest Received
Jan-18 2/20/18 90,463.34 37,994.60 50,659.47
5,710.59 3/2018 interest Received
Feb-18 3/31/18 72,376.53 30,398.14 40,530.86
5,580.76 4/2018 interest Received
Tax Period
Due Date to
City Total Lodging Tax JCCVB (3/7)
JCCVB/Tourism Fund
(4/7)**
Mar-18 4/30/18 128,168.74 53,830.87 71,774.50
5,862.91 5/2018 interest Received
Apr-18 5/30/18 115,538.43 48,526.14 64,701.52
5,744.27 6/2018 interest Received
May-18 6/20/18 127,840.04 53,692.82 71,590.42
6,020.86 7/2018 interest Received
Jun-18 7/31/18 108,499.02 45,569.59 60,759.45
6,145.34 8/2018 interest Received
Jul-18 8/20/18 99,948.25 41,978.26 55,971.02
5,929.16 9/2018 interest Received
Aug-18 9/20/18 92,260.57 38,749.44 51,665.92
6,303.93 10/2018 interest Received
Sep-18 10/31/18 102,804.82 43,178.02 57,570.70
6,160.57 11/2018 interest Received
Oct-18 11/20/18 130,250.45 54,705.19 72,940.25
6,496.60 12/2018 interest Received
Nov-18 12/20/18 87,460.75 36,733.51 48,978.02
6,531.01 1/2019 interest Received
(3,908.75) CK# 1008
Dec-18 1/31/19 70,508.84 29,613.71 39,484.95
5,949.48 2/2019 interest Received
(2,623.75) CK# 1009
Jan-19 2/20/19 88,590.00 37,207.80 49,610.40
6,683.16 3/2019 interest Received
Feb-19 3/31/19 99,690.19 41,869.88 55,826.51
6,537.39 4/2019 interest Received
Mar-19 4/30/19 121,611.98 51,077.03 68,102.71
6,844.11 5/2019 interest Received
(50.75) CK# 1011
(4,867.50) CK# 1012
Apr-19 5/30/19 131,434.04 55,202.30 73,603.06
6,731.55 6/2019 interest Received
200.00 6/26/19 bank deposit
May-19 6/20/19 134,504.89 56,492.05 75,322.74
7,065.89 7/2019 interest Received
Jun-19 7/31/19 120,530.50 50,622.81 67,497.08
7,131.88 8/2019 interest Received
Jul-19 8/20/19 117,844.99 49,494.90 65,993.19
7,014.55 9/2019 interest Received
(2,136.63) CK# 1012
Aug-19 9/20/19 114,393.96 48,045.46 64,060.62
7,349.16 10/2019 interest Received
Sep-19 10/31/19 125,692.73 52,790.95 70,387.93
7,179.27 11/2019 interest Received
(737.50) CK# 1014
Oct-19 11/20/19 136,035.67 57,134.98 76,179.98
7,549.02 12/2019 interest Received
Nov-19 12/20/19 98,690.15 41,449.86 55,266.49
7,603.34 1/2020 interest Received
Dec-19 1/31/20 85,935.20 36,092.79 48,123.71
Total 10,134,193.07 4,256,361.08 5,973,756.59
average monthly amount for 4 cent lockbox fund 54,049.03$
**Effective for 25 years starting in 2011
2019 Occupancy 2018 Occupancy 2017 Occupancy 2016 Occupancy 2015 Occupancy 2014 Occupancy 2013 Occupancy
January 49.40%48.10%48.70%51.30%45.90%49.20%45.30%
February 58.00%53.40%56.80%58.60%51.20%56.00%52.90%
March 58.00%57.60%62.20%59.80%59.80%59.30%52.90%
April 63.10%61.70%62.40%67.20%58.10%63.70%64.10%
May 60.90%64.60%63.80%64.90%63.10%64.70%56.80%
June 60.50%63.20%70.40%64.00%59.70%63.70%55.70%
July 58.80%60.30%65.90%58.20%60.80%59.70%58.50%
August 59.00%56.80%61.50%56.50%52.60%54.20%55.80%
September 63.40%59.90%64.50%62.60%63.30%61.20%63.00%
October 63.80%65.60%66.50%62.90%60.70%67.60%65.90%
November 50.30%54.80%51.50%50.60%51.30%48.90%52.40%
December 44.90%46.00%40.80%42.10%45.10%38.30%38.80%
COMPARATIVE OCCUPANCY RATE
Tab 2 - Multi-Segment Currency: USD - US Dollar
Missouri Hotel & Lodging Association
For the month of: December 2019
Percent Change from December 2018 Percent Change from YTD 2018
2019 2018 2019 2018 2019 2018 Occ ADR RevPAR
Room
Rev
Room
Avail
Room
Sold 2019 2018 2019 2018 2019 2018 Occ ADR RevPAR
Room
Rev
Room
Avail
Room
Sold Census Sample Census Sample
United States 54.4 54.1 126.84 124.32 69.00 67.23 0.6 2.0 2.6 4.8 2.1 2.8 66.1 66.1 131.21 129.97 86.76 85.96 -0.0 1.0 0.9 3.0 2.0 2.0 55661 34943 5333016 4052803
West North Central 44.1 43.4 90.34 89.33 39.84 38.80 1.5 1.1 2.7 4.6 1.9 3.5 58.5 57.7 99.26 99.03 58.02 57.18 1.2 0.2 1.5 3.5 2.0 3.3 4651 2924 370426 280569
Missouri 46.6 45.3 93.78 91.67 43.73 41.50 3.0 2.3 5.4 6.5 1.1 4.1 59.3 58.8 101.12 100.22 59.95 58.88 0.9 0.9 1.8 3.6 1.7 2.7 1141 696 105268 77303
Kansas City, MO-KS 46.9 49.9 95.20 95.45 44.62 47.67 -6.1 -0.3 -6.4 -2.0 4.7 -1.8 62.3 62.3 104.22 104.41 64.92 65.00 0.0 -0.2 -0.1 3.5 3.7 3.7 318 266 35002 31378
St Louis, MO-IL 50.3 48.3 98.02 94.02 49.28 45.38 4.2 4.2 8.6 9.0 0.3 4.5 64.8 64.7 107.31 105.23 69.50 68.04 0.2 2.0 2.2 3.8 1.6 1.8 343 257 39457 33395
Columbia, MO+43.9 42.7 79.06 77.60 34.70 33.11 2.9 1.9 4.8 4.5 -0.3 2.6 57.5 55.8 89.73 88.43 51.61 49.37 3.0 1.5 4.5 6.6 1.9 5.0 40 31 4084 3376
Jefferson City, MO+44.9 43.4 83.57 77.76 37.50 33.71 3.5 7.5 11.2 22.7 10.3 14.1 57.0 58.1 89.38 84.70 50.92 49.19 -1.9 5.5 3.5 13.3 9.5 7.4 15 13 1392 1270
Springfield, MO 49.2 50.0 82.27 78.77 40.48 39.39 -1.6 4.4 2.8 8.5 5.6 3.9 61.2 63.5 86.40 85.09 52.84 54.06 -3.7 1.5 -2.3 0.3 2.6 -1.2 73 53 6595 5153
Branson, MO 46.3 40.3 104.60 102.48 48.47 41.32 14.9 2.1 17.3 17.9 0.5 15.5 49.9 48.7 106.42 105.72 53.12 51.52 2.4 0.7 3.1 3.9 0.8 3.2 150 36 13965 4790
Lake of the Ozarks+27.2 22.0 85.90 85.73 23.36 18.84 23.7 0.2 24.0 23.0 -0.8 22.8 47.4 45.3 106.03 107.11 50.26 48.52 4.6 -1.0 3.6 5.2 1.6 6.3 30 11 2454 1304
Joplin, MO 46.1 43.3 76.38 76.71 35.18 33.21 6.4 -0.4 5.9 10.1 4.0 10.6 57.3 55.8 81.06 82.70 46.44 46.11 2.8 -2.0 0.7 1.1 0.3 3.1 34 24 2575 2123
Saint Joseph, MO+59.0 44.0 88.83 83.40 52.43 36.74 34.0 6.5 42.7 21.9 -14.6 14.5 65.8 57.5 91.32 87.82 60.12 50.53 14.4 4.0 19.0 7.6 -9.5 3.5 11 9 992 838
Independence, MO+42.0 44.7 76.94 77.13 32.35 34.49 -6.0 -0.2 -6.2 -6.2 0.0 -6.0 56.1 56.1 82.12 82.54 46.06 46.34 -0.1 -0.5 -0.6 -0.6 0.0 -0.1 21 14 1631 1352
A blank row indicates insufficient data.
Current Month - December 2019 vs December 2018
Occ %
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Year to Date - December 2019 vs December 2018
Occ %RevPAR Rooms
Participation
PropertiesADRRevPARADR
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1
CITY OF JEFFERSON CITY
BILL NO: _________________ ORDINANCE NO. ____________
AN ORDINANCE APPROVING THE INCORPORATION OF THE JEFFERSON CITY
REDEVELOPMENT CORPORATION AND DESIGNATING THE CITY'S PROXY FOR
PURPOSES OF REPRESENTING THE CITY'S OWNERSHIP OF ALL OWNERSHIP
HOLDINGS IN THE JEFFERSON CITY REDEVELOPMENT CORPORATION.
______________________________________________________________________________
___
WHEREAS, there exists a proposal to create the Jefferson City Redevelopment
Corporation, a redevelopment corporation as provided by the Urban Redevelopment
Corporations Law (Chapter 353, RSMo), to assist in the redevelopment of certain portions of the
City; and
WHEREAS, it is anticipated that once formed, the Jefferson City Redevelopment
Corporation will assume responsibility for incentivizing the redevelopment of blighted areas
within the City according to Development Plans submitted to it and approved by the City for the
development and redevelopment of approved areas; and
WHEREAS, the City of Jefferson City, Missouri is and/or is to be the holder of all issued
and outstanding shares of capital stock, ownership and holder of debenture certificates, and
desires to designate a proxy, to act in its place and stead, during any meeting, regular or special,
of the shareholders of Jefferson City Redevelopment Corporation.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE
CITY OF JEFFERSON CITY, MISSOURI, as follows:
1. The City Administrator (or his designee) is authorized to take all actions
necessary to incorporate a redevelopment corporation, as provided for by Missouri’s Urban
Redevelopment Corporations Law (Chapter 353, RSMo) to undertake the redevelopment of
certain portions of the City. Said redevelopment corporation shall be known as the Jefferson
City Redevelopment Corporation, provided that should said name be unavailable at the time of
incorporation, the City Administrator shall have authority to select an appropriate alternate name.
2. The City Council of Jefferson City, Missouri does hereby designate the Mayor of
the City of Jefferson City, Missouri, as its proxy to act in its place and stead as to any and all
matters which may properly come before a meeting of stockholder or stockholders, regular or
special, of the Jefferson City Redevelopment Corporation. The City further appoints the City
Attorney and the City Administrator to serve as unpaid directors of the Corporation.
3. This Ordinance shall be in full force and effect from and after its passage and
approval by the Mayor and Council.
.
2
Passed this ______ day of ______________, 2009
Approved this _______ day of __________________, 2009
__________________________
Hon. Carrie Tergin, Mayor
ATTEST:
________________________________
Emily Donaldson, City Clerk
Approved as to Form and Legality:
_________________________________
Ryan Moehlman, City Counselor
__________________________________
Nathan Nickolaus, Special City Attorney
1
ARTICLES OF AGREEMENT
OF
JEFFERSON CITY REDEVELOPMENT CORPORATION
The undersigned natural person of the age of eighteen (18) years or more, for the
purpose of forming a corporation under "The Urban Redevelopment Corporation Law", hereby
adopts the following Articles of Agreement:
ARTICLE I
The name of the corporation is JEFFERSON CITY REDEVELOPMENT
CORPORATION, INC.
ARTICLE II
The address of the initial registered office of the corporation in the state of Missouri is:
320 East McCarty Street, Jefferson City, Missouri, 65101, and the name of its initial registered
agent at such address is: Ryan Moehlman.
ARTICLE III
The class, aggregate number, and par value, if any, of shares which the corporation shall
have authority to issue shall be:
Class Number of Shares Par-Value
Common Capital Stock 1000 $1.00
In the event that income debenture certificates are issued by the corporation, the owners
thereof shall have the same right to vote as they would have if possessed of certificates of stock
of the amount and par value of the income debenture certificates held by them.
ARTICLE IV
The name and business address of the subscriber to these Articles of Agreement is:
Nathan M. Nickolaus
Lauber Municipal Law, LLC
308 E. High, Suite 108
Jefferson City, Missouri 65101
2
ARTICLE V
The number of Directors to constitute the first Board of Directors is three (3). The names
and addresses of the members of the first Board of Directors for the first year are as follows:
1. Carrie Tergin
City of Jefferson City
320 E. McCarty
Jefferson City, Missouri 65101
2. Steven S. Crowell, Jr.
City of Jefferson City
320 E. McCarty
Jefferson City, Missouri 65101
3. Ryan Moehlman
City of Jefferson City
320 E. McCarty
Jefferson City, Missouri 65101
ARTICLE VI
In all elections of Directors of the corporation, each holder of stock shall be entitled to as
many votes as shall equal the number of votes which such holder would be entitled to cast for the
election of Directors with respect to such holder's shares of stock multiplied by the number of
Directors to be elected. The holder of stock may cast all of such votes for a single Director or
may distribute them among any two or more Directors as the Stockholder sees fit.
ARTICLE VII
The City in which the corporation shall locate its principal business office in Jefferson
City, Missouri.
ARTICLE VIII
The duration of the corporation shall be ninety-nine (99) years following the filing of
these Articles.
ARTICLE IX
The corporation is formed for the following lawful purposes:
3
To acquire, construct, maintain, and operate a redevelopment project or redevelopment
projects in accordance with the provisions of the Urban Redevelopment Corporation Law;
To do any and all legal acts permitted to be done by corporations organized under and
pursuant to “The Urban Redevelopment Corporation Laws” of Missouri.
ARTICLE X
The Board of Directors of the Corporation shall have the power to make, alter, amend or
repeal the Bylaws of the Corporation from time to time, provided, however, that the paramount
power to repeal, amend and alter the By-Laws shall always be vested in the Shareholders, which
power may be exercised at any annual or special meeting of the Shareholders, by a vote of a
majority of the stock issued and outstanding and entitled to vote thereat; provided, however, that
the Directors shall thereafter have the power to suspend, repeal, amend or otherwise alter the
By-Laws or any portion thereof so enacted by the Shareholders, unless the Shareholders, in
enacting such By-Laws or portion thereof, shall otherwise provide.
ARTICLE XI
No contract or other transaction between this corporation and any other firm or
corporation shall be affected or invalidated by reason of the fact that any of the Shareholders,
Directors or officers of this corporation are interested in or are members, Shareholders, Directors
or officers of such other firm or corporation; and any Shareholder, Director or officer of this
corporation may, directly or indirectly, be a proprietor, partner, beneficiary of a trust or a party to
any contract or transaction of this corporation or in which this corporation is interested, and no
such contract, transaction or act of this corporation shall be invalidated or otherwise affected
thereby; and each and every person who may become a Shareholder, Director or officer of this
corporation is hereby relieved from any liability that might otherwise arise from his contracting
with this corporation for the benefit of himself or any person, firm, association or corporation in
which he may be in any way interested.
ARTICLE XII
The corporation in its By-Laws may agree to the terms and conditions upon which any
Director or officer accepts his or her office or position and may, to the fullest extent permitted by
law, as the same may be amended and supplemented, agree to indemnify or advance expenses to
any and all persons whom it shall have the power to indemnify or advance expenses under said
law for any and all of the expenses, liabilities or other matters referred to in or covered by said
law; however, any agreement providing for indemnification or advancement of expenses in the
By-Laws shall not be deemed exclusive of any other right or rights to which those so entitled to
receive indemnification or advancement of expenses may otherwise possess. Nothing in the
preceding sentence shall be deemed to limit the corporation's power to provide indemnification
or advancement of expenses in any other manner to the fullest extent permitted by The Urban
4
Redevelopment Corporation Law or by the Missouri General and Business Corporation Law, as
the same may be amended and supplemented. The corporation is specifically authorized to
provide in its By-Laws or in any other manner the "further indemnity" permitted by Section
351.355(7) of The General and Business Corporation Law of Missouri.
ARTICLE XIII
It is hereby declared that the Corporation is organized for the purpose of clearance,
replanning, reconstruction or rehabilitation of blighted areas, and the construction of such
industrial, commercial, residential, or public structures as may be appropriate, including
provisions for recreational and other facilities incidental or appurtenant thereto.
ARTICLE XV
The corporation has been organized to serve a public purpose; that all real estate acquired
by it and all structures erected by it are to be acquired for the purpose of promoting the public
health, safety, and welfare, and that the stockholders of the corporation shall when they subscribe
to and receive the stock thereof, agree that the net earnings of the corporation shall be limited to
an amount not to exceed eight percent per annum of the cost to such corporation of the
redevelopment project including the cost of the land, or the balances of such cost as reduced by
amortization payments; provided, that the net earnings derived from any redevelopment project
shall in no event exceed a sum equal to eight percent per annum upon the entire cost thereof.
Such net earnings shall be computed after deducting from gross earnings the following:
(a) All costs and expenses of maintenance and operation;
(b) Amounts paid for taxes, assessments, insurance premiums and other similar charges;
(c) An annual amount sufficient to amortize the cost of the entire project at the end of the
period, which shall not be more than sixty years from the date of completion of the
project.
The development plan may contain provisions satisfactory to the legislative authority authorizing
such plan that any surplus earnings in excess of the rate of net earnings provided in this chapter
may be held by the corporation as a reserve for maintenance of such rate of return in the future
and may be used by the corporation to offset any deficiency in such rate of return which may
have occurred in prior years; or may be used to accelerate the amortization payments; or for the
enlargement of the project; or for reduction in rentals therein; provided, that any excess of such
surplus earnings remaining at the termination of the tax relief granted pursuant to section
353.110 shall be turned over by the corporation to the City of Jefferson City, Missouri, or such
other governmental entity for disbursement according to law.
IN WITNESS WHEREOF, the undersigned has executed this instrument this ___ day of
_____, 2019.
5
____________________________
Nathan M. Nickolaus
Incorporator
STATE OF MISSOURI )
) ss.
COUNTY OF JACKSON )
I, the undersigned, a Notary Public, do hereby certify that on the ___ day of ________,
2019, personally appeared before me Nathan M. Nickolaus, who, being by me first duly sworn,
declared that he is the person who signed the foregoing document as incorporator, that the
statements contained therein are true, and duly acknowledged the execution of the same.
___________________________
Notary Public
My commission expires: