The Newsleaders
  • Login
  • Register
No Result
View All Result
  • News
    • Sartell – St. Stephen
    • St. Joseph
    • Sports
  • Opinion
    • Column
    • Editorial
    • Letter to the Editor
  • Community
    • Calendar
    • Citizen Spotlight
    • Criers
    • People
  • Notices
    • Funerals/Visitations
    • Obituary
    • Police Blotter
    • Public Notices
    • Support Groups
  • About Us
    • Contact Us
    • Submissions
  • Archives
    • Sartell-St. Stephen Archive
    • St. Joseph Archive
  • Advertise With Us
    • Print Advertising
    • Digital Advertising
    • 2021 Promotions
    • Pay My Invoice
The Newsleaders
No Result
View All Result

PineCone Pet Hospital Collegeville Stearns Bank CDS
Home Featured News

St. Joe Council earns a clean bill of financial health

May 11, 2018
in Featured News, Print St. Joseph, St. Joseph
0
St. Joe Council earns a clean bill of financial health

photo by Dave DeMars Janel Bitzan of BerganKDV explains some of the positive highlights uncovered during the annual audit conducted by her company. The council is doing a good job of keeping the city finances on track Bitzan told the council.

0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

by Dave DeMars

news@thenewsleaders.com

The St. Joseph City Council learned they have been doing a pretty good job of keeping revenues and expenses in check at their regular May 5 meeting. With one chair on the dais sitting empty because of the recent resignation of Matt Killam, the council heard Janel Bitzan of BerganKDV auditing firm.

Bitzan summarized the 134-page audit in a 15-minute presentation giving the council the highlights which included a surplus balance of unrestricted net position amounting to $2,967,863. After deducting for the governmental enterprise indebtedness, the balance still showed a positive balance of $1,150,122.

The complete audit can be found at the following web address: http://doclf.cityofstjoseph.com:8080/weblink/0/doc/615995/Page1.aspx

The city uses a segregated fund system for financial management. In addition to the general account which is used for many day-to-day activities, the city has many proprietary accounts for things such as water, sanitary sewer, refuse, storm-water sewer and street-light utilities.

The report showed the proprietary accounts were well managed and they showed a combined balance increase of $755,514.

The city tries to maintain a four- to six-month working capital cushion in its general account to help in smoothing out liabilities incurred during various projects that are undertaken. Because of higher-than-expected collected revenues and fewer tax delinquencies, the city had a 2 percent increase in income.

Also careful management and lower costs on some projects resulted in around $180,000 of lowered expenditures.

A motion to accept the audit was approved unanimously.

Other business

Stearn County Engineer Jodi Teich appeared before the council to request approval and allowance for resurfacing work of CR 75. The project is scheduled to start in midsummer.

“This is a formality,” Teich said. “I am asking for municipal approval of the project because a portion of the project will go right through the city.”

The project will last through most of the summer and into the fall and will stretch from Interstate Hwy. 94 through St. Joseph and into Waite Park ending around 15th Avenue in Waite Park. As the highway passes through the city, the county is required to seek a permit to perform the work which the council approved.

City Engineer Randy Sabart requested the council approve a request to the Minnesota Department of Transportation for a limited-use permit in order to facilitate the construction of the proposed pedestrian trail along CR 2 which is within the MNDOT right-of-way as it passes under the I-94 interchange bridge. Council approved the request.

The council also approved purchase of playground equipment at Millstream Park in the amount of $31,000. Council had previously made a provision for the purchase of equipment up to $40,000 as part of the Millstream renovation plan. This purchase was a significant cost savings and was approved by the council.

City Administrator Judy Weyrens requested the council approve a refunding resolution in the amount of $1.1 million in order to qualify for a Business Development Public Infrastructure matching grant under the auspices of the Minnesota Department of Employment and Economic Development. The city is required to illustrate it has the available money to match the BDPI grant. Once the BDPI grant is awarded, the city will recoup its outlay through bond proceeds. Council approved the refunding.

photo by Dave DeMars
Janel Bitzan of BerganKDV explains some of the positive highlights uncovered during the annual audit conducted by her company. The council is doing a good job of keeping the city finances on track Bitzan told the council.
photo by Dave DeMars
Stearns County Engineer Jodi Teich explains how the county will resurface CR 75. The work will obviously cause congestion over the summer months, but the city will benefit from it in the long run, Teich explained.
Previous Post

Woodcrest specializes in continuum living

Next Post

McCann recalls days as 1951 Sartell Winter Haven Queen

Next Post
McCann recalls days as 1951 Sartell Winter Haven Queen

McCann recalls days as 1951 Sartell Winter Haven Queen

Please login to join discussion

CMCU Twitter Follow us on
Twitter
for the latest news!
Facebook Follow us on Facebook
for the latest news!
Calendar 2 Click here for our
community events!

Go Fund Me # 1 Thank You
Newsleader
Supporters!
Elizabeth Brunsvold
Cultural Connections
Jim Berg & Mary Kruger
Mary & John Davis
Sandy Denne
Bobbi & David Gouker
James & marry Graeve
Juliana Howard
Julia Joplin
Linda Kmitch
M. Molus
Sheila Nahan
Go Fund Me # 2 Thank You
Newsleader
Supporters!

Peggy & Michael Roske
Judy Scheuerell
Geraldine Schwab
James Stotko
James Towler
Anna Trobec
Kaye Wenker
Ellen Wahlstrom
Leona Wieland
Jeanie Wilkens
GAGEN & VASUGI RAMANATHAN
Go Fund Me # 3 Thank You
Newsleader
Supporters!
Nicole Borg
Erica Karger-Gatzow
Dane & Lori Listug-Lunde
Nadine Martin
Doris Minnerath
Merry Mund
Marilyn Peitso
Stephen Schwanke
Dianne Tuff
Dale Zacher
Private Donors

Search

No Result
View All Result

Categories

Recent Posts

  • Sartell superintendent finalists visit this week
  • Winter fun at Snowfest
  • Foundation sponsors I Love to Read Giveaway
  • Free frozen meals available for senior citizens
  • Kluesner sworn into St. Joseph City Council

City Links

Sartell
St. Joseph
St. Stephen

School District Links

Sartell-St. Stephen school district
St. Cloud school district

Chamber Links

Sartell Chamber
St. Joseph Chamber

Community

Calendar

Citizen Spotlight

Criers

People

Notices

Funerals/Visitions

Obituary

Police Blotter

Public Notices

Support Groups

About Us

Contact Us

News Tips

Submissions

Advertise With Us

Print Advertising

Digital Advertising

2021 Promotions

Local Advertising Rates

National Advertising Rates

© 2021 Newleaders

No Result
View All Result
  • News
    • Sartell – St. Stephen
    • St. Joseph
    • Sports
  • Opinion
    • Column
    • Editorial
    • Letter to the Editor
  • Community
    • Calendar
    • Citizen Spotlight
    • Criers
    • People
  • Notices
    • Funerals/Visitations
    • Obituary
    • Police Blotter
    • Public Notices
    • Support Groups
  • About Us
    • Contact Us
    • Submissions
  • Archives
    • Sartell-St. Stephen Archive
    • St. Joseph Archive
  • Advertise With Us
    • Print Advertising
    • Digital Advertising
    • 2021 Promotions
    • Pay My Invoice

© 2021 Newleaders

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In