HomeMy WebLinkAbout2019.07.16 PPFD Agenda PacketPasco Public Facilities District Board
Building Regional Facilities through Community Partnerships
AGENDA
Tuesday, July 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:
• June 11, 2019
IV. Claims Approval:
■ 2nd Quarter 2019: $13 8,542.29
V. Financial Report:
2°a Quarter Financial Report
VI. Reports from:
• Zach Ratkai: Private Sector Finance Meeting
VII. Old Business: None
VIII. New Business: Next steps regarding possible aquatic facility proposal
1. Task List and Timeline Update and Review — Zach Ratkai
2. Update of Revised Aquatic Feasibility Study — Zach Ratkai
3. Boards, Commissions, Ballots and the Law —Eric Ferguson
IX. Other Business:
• Meeting Calendar
• August Meeting Preview — Zach Ratkai
X. Adjournment
• Documents provided with Agenda.
PASCO PUBLIC FACILITIES DISTRICT BOARD
JUNE 119 2019
MEETING MINUTES
Call to Order:
The meeting was called to order at 3:00 p.m., by PPFD President Morrissette, in Conference Room No.
1 at Pasco City Hall.
Roll Call:
Board Members Present: Spence Jilek, Mark Morrissette, Caroline Bowdish, and Marie Gillespie
Also Present: Craig Maloney, Councilmember; Matt Watkins, Mayor; David Milne, Councilmember;
Stan Strebel, Deputy City Manager; Zach Ratkai, Administrative & Community Services Director;
Dave Zabell (arrived at 3:11 p.m.), City Manager; Michael Morales, Community & Economic
Development Deputy Director; Fred LaMothe, Business Owner.
Approval of Minutes:
It was motioned by Mr. Jilek, seconded by Ms. Bowdish, and carried to approve the minutes of the May
139 2019 Special Meeting.
Claims Approval:
NA
Financial Report:
NA
Reports from Committees:
Mr. Morrissette presented to City Council on May 28, 2019 and requested Council liaisons for the
Pasco Public Facilities District Board. Councilmembers Craig Maloney and David Milne were
appointed by Mayor Watkins.
Old Business/New Business/Other Business:
Mr. Ratkai presented a draft task list and timeline to the Board.
A review of bond payoff and sustainability for public facility projects is required; staff has proactively
began conversations with the Department of Commerce.
The Board reviewed "Option D" (handout A) from the 2016 Ballard King feasibility study. Mr. Ratkai
is to contact Ballard King regarding additional work provided in handout `B" prepared by Mr.
Morrissette.
PUBLIC FACILITIES DISTRICT BOARD
Meeting Minutes — June 11, 2019
Page - 1
As the aquatics center is often discussed in conjunction with a future community center, the Board
discussed the need to educate the public on the facility they will vote on. Mr. LaMothe conveyed the
private club opposition of a combined aquatics and recreational center and the sustainability of an
aquatic only facility.
Adjournment:
There being no other business, the meeting was adjourned at 4:20 p.m.
Mark Morrissette, President
Angela Pashon, PFD Secretary
PUBLIC FACILITIES DISTRICT BOARD
Meeting Minutes — June 11, 2019
Page -2
ASSETS
LIABILITIES
PASCO PUBLIC FACILITIES DISTRICT
BALANCESHEET
As of June 30, 2019
Cash $ 72,789
Sales Tax Receivable 90,996
Prepaid Insurance 1,603
TOTAL ASSETS 165,388
Accounts Payable 47,604
TOTAL LIABILITIES 47,604
TOTAL NET ASSETS $ 117,784
PASCO PUBLIC FACILITIES DISTRICT
STATEMENT OF REVENUES, EXPENDITURES & CHANGES IN FUND BALANCE
As of June 30, 2019
Net Change in Fund Balances
Annual
Current
YTD
Variance
% Received/
21,534
2019
Period
2019
Budget / YTD
Used
Account Description
Budget
Acitivity
Actual
Actual
Actual
REVENUES
Sales Tax
$ 500,000
$ 133,047
$ 261,849
$ 238,151
52.37%
City of Pasco Grant
20,000
59000
101,000
10,000
50.00%
Interest Income
200
204
395
(195)
197.47%
Total Revenues
520,200
138,250
272,243
247,957
52.33%
EXPENDITURES
Advertising/Publications
500
-
-
500
0.00%
Legal Services
1,200
1,694
21836
(1,636)
236.33%
Kennewick PFD
50000
133,047
214,445
285,555
42.89%
Professional Services
5,000
-
200
400
4.00%
Insurance
3,150
801
1,603
1,547
50.89%
Administrative Services
129000
300
600
69000
50.00%
Total Expenditures
521,850
1381542
22504
296,766
43.13%
Net Change in Fund Balances
(1,650)
(292)
47,160
(48,810) -2858.15%
Beginning Fund Balance, January 1
21,534
17,278
17,278
171)278 19.76%
Ending Fund Balance
$ 1904 $
16,986 $
64,438 $
(31,532) 258.58%
CITY OF PASCO - PRODUCTION
Payment Register
From Payment Date: 4/1/2019 - To Payment Date: 6/30/2019
Transaction
JE/CHECK Date Status
Source
Payee Name
Amount
Revenue
931.13.590.31.1311 PFD Sales
2019-00001385 4/30/2019
JE
Wa State Treasurer -Apr. Tax Collection
36,111.78
2019-00001837 5/31/2019
JE
Wa State Treasurer -May Tax Collection
49,331.44
2019-00001972 6/28/2019
JE
Wa State Treasurer -June Tax Collection
47,603.59
133,046.81
931.13.590.34.4527 PFD Pasco Support
2019-00000061 4/1/2019
JE
Pasco PFD
1,666.67
2019-00000061 5/1/2019
JE
Pasco PFD
1,666.67
2019-00000061 6/1/2019
JE
Pasco PFD
1,666.67
5,000.01
931.13.590.36.6110 Investment Interest
2019-00001316 4/30/2019
JE
LGIP Interest Distribution
90.37
2019-00001987 5/31/2019
JE
LGIP Interest Distribution
49.32
2019-00001995 6/30/2019
JE
LGIP Interest Distribution
63.86
203.55
Total Revenue
$ 138,250.37
Expense
931.13.590.54.4530 Legal Services
2019-00001456 5/15/2019
Accounts Payable
Kerr Law Group
648.00
2019-00001886 6/1/2019
Accounts Payable
Kerr Law Group
1,046.00
1,694.00
931.13.590.54.4540 Organization Services
2019-00001389 5/13/2019
Accounts Payable
Kennewick Public Facilities District -April
36,111.78
2019-00001791 6/14/2019
Accounts Payable
Kennewick Public Facilities District -May
49,331.44
2019-OOOOXXX Not yet paid
Accounts Payable
Kennewick Public Facilities District -June
47,603.59
133,046.81
931.13.590.54.4635 Insurance Premiums
2019-00000358 4/1/2019
JE
Insurance Premiums
267.16
2019-00000358 5/1/2019
JE
Insurance Premiums
267.16
2019-00000358 6/1/2019
JE
Insurance Premiums
267.16
801.48
931.13.590.54.4900 I/F Admin Services
2019-00000056 4/1/2019
JE
City of Pasco
1,000.00
2019-00000056 5/1/2019
JE
City of Pasco
1,000.00
2019-00000056 6/1/2019
JE
City of Pasco
1,000.00
3,000.00
Total Expense
$ 138,542.29