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Pasco Public Facilities District Board
Building Regional Facilities through Community Partnerships
AGENDA
Tuesday, April 16, 2019
4:00 p.m.
Pasco City Hall - Conference Room #1
I. Call to order and roll call
II. Recognition of Visitors/Public Comments
III. Approval of Minutes:
January 15, 2019
IV. Claims Approval:
4th Quarter 2018: correction $145,574.66 (difference of $34.61)
1st Quarter 2019: $133,945.18
V. Financial Report:
1st Quarter:
Statement of Revenues, Expenditures and Changes in Fund Balance
Balance Sheet
VI. Reports from:
Kennewick Convention Center Advisory Board – Corey Pearson
Report on Regional PFD
Report on PFD Legislation
VII. Old Business: None
VIII. New Business: None
IX. Other Business: None
X. Adjournment
PUBLIC FACILITIES DISTRICT BOARD
Meeting Minutes – January 15, 2019
Page - 1
PASCO PUBLIC FACILITIES DISTRICT BOARD
JANUARY 15, 2019
MEETING MINUTES
Call to Order:
The meeting was called to order at 4:00 p.m., by PPFD President Morrissette, in Conference Room No.
1 at Pasco City Hall.
Roll Call:
Board Members Present: Spence Jilek, Leonard Dietrich (telephonically), Mark Morrissette, Caroline
Bowdish (arrived at 4:08 p.m.), and Marie Gillespie (arrived at 4:06 p.m.).
Also Present: Stan Strebel, Deputy City Manager and Eric Ferguson, City Attorney.
Approval of Minutes:
It was motioned by Mr. Dietrich, seconded by Mr. Jilek, and carried to approve the minutes of the
October 16, 2018 Meeting.
Claims Approval:
President Morrissette presented fourth quarter Claims History. It was motioned by Mr. Jilek, seconded
by Mr. Dietrich, and carried to approve payment of fourth quarter claims in the total amount of
$145,540.05.
Financial Report:
President Morrissette presented the fourth quarter Operating Statement. The fourth quarter Net Assets
Statement was also presented reflecting an actual Net Asset balance of $27,033.00. Following that
discussion, the remainder of the Financial Report was accepted as presented.
Reports from Committees:
President Morrissette and Ms. Bowdish reported that they had attempted to attend the meeting of the
Kennewick Convention Center Advisory Board on October 23rd, however, there was no quorum. Corey
Pearson, Manager of the Convention Center expressed a willingness to come to the PPFD Board
meeting to provide Kennewick PFD and Convention Center updates.
Mr. Strebel said the meeting of the Regional Public Facilities District was cancelled due to the departure
of Brian Malley from Benton-Franklin Council of Governments. Sandra Kent with the City of
Richland, and Regional PFD President notified everyone. Uncertain as to when the next meeting will
be held.
Mr. Dietrich stated the biggest impact to the community would be a water park. Mr. Jilek mentioned
the regional group would support a water park if not located here. Mr. Maloney said there is a push for
a support of a grand bargain but until Richland has a project there would be no bundle.
PUBLIC FACILITIES DISTRICT BOARD
Meeting Minutes – January 15, 2019
Page - 2
The Board discussed the bonds for the Convention Center and the tax that is directed from State tax
collection to the PFD. Stan and Eric will provide detailed information on the Kennewick PFD bond
issue at the next meeting.
The Board discussed a number of ways to try to bring a project to the Pasco voters, including the
possibility of multiple projects through the Regional PFD. Stan related that Vic Epperly had spoken to
the City Council on January 7 regarding his ideas for the for the Regional PFD.
Old Business/New Business/Other Business:
The proposed budget for 2019 was presented. Stan noted that tax collections for 2019 were forecast at
$530,000 up from the 2018 estimated of $500,000 (actual $549,000). On motion by Mr. Jilek and
second by Ms. Gillespie, the budget for 2019, as presented, was approved by unanimous vote.
The next PPFD meeting will be on April 16, 2019 at 4:00 p.m.
Adjournment:
There being no other business, the meeting was adjourned at 5:10 p.m.
________________________________ ________________________________
Mark Morrissette, President Daniela Erickson, PFD Secretary
Annual Current YTD Variance % Received/
2019 Period 2019 Budget / YTD Used
Account Description Budget Acitivity Actual Actual Actual
REVENUES
Sales Tax 500,000$ 128,802$ 128,802$ 371,198$ 25.76%
City of Pasco Grant 20,000 5,000 5,000 15,000 25.00%
Interest Income 200 191 191 9 95.69%
Total Revenues 520,200 133,993 133,993 386,207 25.76%
EXPENDITURES
Advertising/Publications 500 - - 500 0.00%
Legal Services 1,200 1,142 1,142 58 95.17%
Kennewick PFD 500,000 128,802 128,802 371,198 25.76%
Professional Services 5,000 200 200 4,800 4.00%
Insurance 3,150 801 801 2,349 25.44%
Administrative Services 12,000 3,000 3,000 9,000 25.00%
Total Expenditures 521,850 133,945 133,945 387,905 25.67%
Net Change in Fund Balances (1,650) 48 48 (1,698) -2.90%
Beginning Fund Balance, January 1 21,534 17,278 17,278 17,278 19.76%
Ending Fund Balance 19,884$ 17,326$ 17,326$ 15,580$ 21.65%
As of March 31, 2019
PASCO PUBLIC FACILITIES DISTRICT
STATEMENT OF REVENUES, EXPENDITURES & CHANGES IN FUND BALANCE
ASSETS
Cash 25,343$
Sales Tax Receivable 90,996
Prepaid Insurance 2,404
TOTAL ASSETS 118,743
LIABILITIES
Accounts Payable 90,996
TOTAL LIABILITIES 90,996
TOTAL NET ASSETS 27,747$
PASCO PUBLIC FACILITIES DISTRICT
BALANCE SHEET
As of March 31, 2019
JE / CHECK Date Status Source Payee Name
Transaction
Amount
Revenue
931.13.590.31.1311 PFD Sales
2019-0463 1/31/2019 JE Wa State Treasurer 43,832.19
2019-0742 2/28/2019 JE Wa State Treasurer 47,163.43
2019-XXXX JE Wa State Treasurer 37,806.08
128,801.70
931.13.590.34.4527
2019-00000061 1/1/2019 JE Pasco PFD 1,666.67
2019-00000061 2/1/2019 JE Pasco PFD 1,666.67
2019-00000061 3/1/2019 JE Pasco PFD 1,666.67
5,000.01
931.13.590.36.6110 Investment Interest
2019-00000446 1/31/2019 JE LGIP Interest Distribution 49.53
2019-00000447 2/28/2019 JE LGIP Interest Distribution 31.76
2019-00000751 3/31/2019 JE LGIP Interest Distribution 110.09
191.38
Total Revenue 133,993.09$
Expense
931.13.590.54.4530 Legal Services
2019-00000515 3/7/2019 Accounts Payable Kerr Law Group 890.00
2019-00000515 3/7/2019 Accounts Payable Kerr Law Group 252.00
1,142.00
931.13.590.54.4540 Organization Services
2019-00000515 3/9/2019 Accounts Payable Kennewick Public Facilities District-Jan. 43,832.19
2019-00000701 4/4/2019 Accounts Payable Kennewick Public Facilities District-Feb. 47,163.43
2019-0000XXX Not yet paid Accounts Payable Kennewick Public Facilities District-Mar. 37,806.08
128,801.70
931.13.590.54.4541 Professional Services
2019-00000515 2/22/2019 Accounts Payable Assoc of WA State Public Facilities-Dues 200.00
200.00
931.13.590.54.4635 Insurance Premiums
2019-00000358 1/1/2019 JE Insurance Premiums 267.16
2019-00000359 2/1/2019 JE Insurance Premiums 267.16
2019-00000360 3/1/2019 JE Insurance Premiums 267.16
801.48
931.13.590.54.4900 I/F Admin Services
2019-00000056 1/1/2019 JE City of Pasco 1,000.00
2019-00000057 2/1/2019 JE City of Pasco 1,000.00
2019-00000058 3/1/2019 JE City of Pasco 1,000.00
3,000.00
Total Expense 133,945.18$
CITY OF PASCO - PRODUCTION
Payment Register
From Payment Date: 1/1/2019 - To Payment Date: 3/31/2019
PFD Pasco Support
Not yet receipted