St. Lawrence County Industrial Development Agency
Balance Sheet
As of June 30, 2013
Jun 30, 13
ASSETS
Current Assets
Checking/Savings
200 · Cash
200P · Cash - Payroll Checking Account
201 · Cash in Time Deposits
203 · Cash - Rental Deposits
Total Checking/Savings
418,959.40
22,578.63
1,619,513.33
18,494.79
2,079,546.15
Other Current Assets
211 · Special Reserve
220 · Due from Affiliate Agencies
Total Other Current Assets
Total Current Assets
2,000,000.00
2,556.58
2,002,556.58
4,082,102.73
Fixed Assets
105 · Technology Development Center
105-A · Technology Development Center
105-B · TDC Depreciation
Total 105 · Technology Development Center
625,168.53
-291,108.48
334,060.05
108 · Computer
108-A · Computer
108-B · Computer Depreciation
Total 108 · Computer
11,322.77
-10,964.63
358.14
110 · 1st Gouverneur Industrial Bldg
110-A · 1st Gouverneur Land
10,500.00
110-B · 1st Gouverneur Bldg
398,730.18
110-C · 1st GIB Bldg Depreciation
-181,564.02
Total 110 · 1st Gouverneur Industrial Bldg
227,666.16
111 · Gouverneur Industrial Park
111-A · Gouverneur Industrial Park
Total 111 · Gouverneur Industrial Park
74,139.65
74,139.65
112 · Vehicles
112-A · Vehicles
112-B · Vehicles Depreciation
Total 112 · Vehicles
95,290.89
-94,120.52
1,170.37
115 · 3rd Massena Industrial Bldg
115-A · 3rd Massena Land
37,500.00
115-B · 3rd Massena Bldg
525,290.42
115-C · 3rd MIB Bldg Depreciation
Total 115 · 3rd Massena Industrial Bldg
119 · Massena Industrial Park-Lot 12
-217,269.66
345,520.76
40,963.08
122 · Furnishings
122-A · Furnishing
122-B · Furnishing Depreciation
122 · Furnishings - Other
Total 122 · Furnishings
22,353.85
-20,316.40
2,297.19
4,334.64
125 · Massena Lot 20
125-A · Massena Lot 20 Building
125-B · Massena Lot20 Bldg Depreciation
Total 125 · Massena Lot 20
126 · Potsdam Commerce Park
715,515.78
-126,705.89
588,809.89
St. Lawrence County Industrial Development Agency
Balance Sheet
As of June 30, 2013
Jun 30, 13
126-A · Potsdam Commerce Park Bldg
126-B · PCP Bldg Depreciation
Total 126 · Potsdam Commerce Park
890,509.28
-137,286.84
753,222.44
127 · Massena Lot 17
127A · Massena Lot 17 Building
127-B · Massena Lot17 Bldg Depreciation
Total 127 · Massena Lot 17
408,000.00
-42,500.00
365,500.00
128 · Canton Industrial Park
128A · Canton Industrial Park - Land
Total 128 · Canton Industrial Park
Total Fixed Assets
166,250.00
166,250.00
2,901,995.18
Other Assets
Construction in Progress (CIP)
255 · CIP - 1st CIB
Total Construction in Progress (CIP)
1,995,321.19
1,995,321.19
Notes Receivable (N/R)
483 · N/R - ATL - Tamarack Building
53,954.21
489 · N/R - Kinney Drugs
11,639.48
497 · N/R - High peaks Winery
Total Notes Receivable (N/R)
Total Other Assets
TOTAL ASSETS
4,573.44
70,167.13
2,065,488.32
9,049,586.23
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
2100 · Deposit - Rental
Total Other Current Liabilities
Total Current Liabilities
18,494.79
18,494.79
18,494.79
Long Term Liabilities
Mortgage Payable
651 · M/P - GMEDF GM Vendor Project
Total Mortgage Payable
294,235.45
294,235.45
Notes Payable (N/P)
653 · N/P - SLC IDA LDC Massena Lot20
Total Notes Payable (N/P)
58,480.06
58,480.06
500 · Emp Compensated Time Accruals
190,901.95
501 · Postemploy Benefits w/o Pension
222,594.00
Total Long Term Liabilities
Total Liabilities
766,211.46
784,706.25
Equity
3600 · Prior Period Adjustment
156,247.38
3700 · Investment in Capital Assets
2,234,733.79
3800 · Net Assets - Assigned
2,000,000.00
3900 · Net Assets - Unassigned
3,868,096.12
Net Income
Total Equity
TOTAL LIABILITIES & EQUITY
5,802.69
8,264,879.98
9,049,586.23
St. Lawrence County Industrial Development Agency
2013 Budget
OPERATING REVENUE- Other
2400 · Late Fees Received
2409B · Interest Income - Banking
2409L · Interest Income - Loans
2411 - Refund of Prior years Expenses
2421 - St. Lawrence County Revenue
2422 - IDALDC Administrative Revenue
2423 - GMEDF Administrative Revenue
Total OPERATING REVENUE
3rd Massena Industrial Bldg (Marimac Lease Purchase)
2465 · Rental Income - 3MIB
Total Revenue for 3MIB
June 2013
YTD
Balance
250.00
6,800.00
10,800.00
0.00
475,000.00
200,000.00
7,200.00
700,050.00
0.00
188.80
5,931.85
17,250.00
0.00
0.00
0.00
23,370.65
118.58
1,499.65
9,932.97
17,250.00
200,000.00
100,000.00
0.00
328,801.20
131.42
5,300.35
867.03
(17,250.00)
275,000.00
100,000.00
7,200.00
371,248.80
43,718.00
43,718.00
3,638.44
3,638.44
21,663.36
21,663.36
22,054.64
22,054.64
6498510 - Depreciation Expense 3MIB
Total Expenditure for 3MIB
13,132.00
13,132.00
0.00
0.00
0.00
0.00
13,132.00
13,132.00
Total 3rd Massena Industrial Bldg
Canton Industrial Building - CIB(SL Brewery)
2450 · Rental Income - CIB
Total Revenue for CIB
30,586.00
3,638.44
21,663.36
8,922.64
18,500.00
18,500.00
1,734.00
1,734.00
8,058.00
8,058.00
10,442.00
10,442.00
6455408 · Maintenance Expense - CIB
6455411 · Insurance Expense - CIB
6455500 · Interest Expense - CIB
6455510 - Depreciation Expense - CIB
Total Expenditure for CIB
0.00
5,000.00
12,650.00
30,000.00
47,650.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5,000.00
12,650.00
30,000.00
47,650.00
1,734.00
8,058.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
41,300.00
41,300.00
5,907.54
5,907.54
35,445.24
35,445.24
5,854.76
5,854.76
8,150.00
8,150.00
0.00
0.00
0.00
0.00
8,150.00
8,150.00
Total Technology Development Ctr.
33,150.00
1st Gouverneur Industrial Building (Kinney's Lease Purchase)
2454· Rental Income - 1GIB
11,317.00
Total Revenue for 1GIB
11,317.00
5,907.54
35,445.24
(2,295.24)
941.06
941.06
5,615.40
5,615.40
5,701.60
5,701.60
9,869.00
9,869.00
Total Canton Industrial Building
Canton Industrial Park
6456408 · Maintenance Expense - CIP
6456411 · Insurance Expense - CIP
6456499 · Miscellaneous Expense - CIP
Total Expenditure for CIP
Total Canton Industrial Park
Technology Development Ctr. (CPH Lease Purchase)
2425 · Rental Income - TDC Bldg
Total Revenue for TDC
6495510 - Depreciation Expense - TDC Bldg
Total Expenditure for TDC
(29,150.00)
6485510 - Depreciation Expense - 1GIB
Total Expenditure for 1GIB
9,869.00
9,869.00
0.00
0.00
0.00
0.00
Total 1st Gouverneur Industrial Building
1,448.00
941.06
5,615.40
(37,208.00)
(4,167.40)
Gouverneur Industrial Park
6486408 · Maintenance Expense - GIP
6486411 · Insurance Expense - GIP
6486499 · Miscellaneous Expense - GIP
Total Expenditure for GIP
Total Gouverneur Industrial Park
2,000.00
250.00
250.00
2,500.00
(2,500.00)
2013 Budget
425.00
0.00
0.00
425.00
(425.00)
June 2013
850.00
0.00
0.00
850.00
1,150.00
250.00
250.00
1,650.00
(850.00)
YTD
(1,650.00)
Balance
Massena Lot 20 Building (OpTech)
2490 · Rental Income - Massena Lot 20 Bldg
Total Revenue for Massena Lot 20
44,131.00
44,131.00
13,101.08
13,101.08
31,488.88
31,488.88
12,642.12
12,642.12
6470500 · Interest Expense - Massena Lot 20 Bldg
6470510 - Depreciation Expense - Massena Lot 20 Bldg
Total Expenditure for Massena Lot 20
1,845.00
17,888.00
19,733.00
306.95
0.00
306.95
1,158.66
0.00
1,158.66
686.34
17,888.00
18,574.34
Total Massena Lot 20 Bldg
Potsdam Commerce Park (Clarkson)
2495 · Rental Income - PCP Bldg
Total Revenue for Potsdam Commerce Park
24,398.00
12,794.13
30,330.22
(5,932.22)
6,000.00
6,000.00
500.00
500.00
3,500.00
3,500.00
2,500.00
2,500.00
6497411 · Insurance Expense - PCP Bldg
6497499 · Misc Expense - PCP Bldg
6497510 - Depreciation Expense - PCP Bldg
Total Expenditure for PCP
4,175.00
500.00
22,263.00
26,938.00
0.00
0.00
0.00
0.00
0.00
10.13
0.00
10.13
4,175.00
489.87
22,263.00
26,927.87
Total Potsdam Commerce Park
Massena Lot 17(Media Access)
2475 · Rental Income - Massena Lot 17 Bldg
Total Revenue for Massena Lot 17
(20,938.00)
500.00
3,489.87
(24,427.87)
19,500.00
19,500.00
0.00
0.00
4,081.33
4,081.33
15,418.67
15,418.67
0.00
10,200.00
10,200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
10,200.00
10,200.00
9,300.00
184,466.00
125,040.00
59,426.00
111,502.00
170,928.00
0.00
25,822.12
731.95
25,090.17
0.00
25,090.17
4,081.33
109,852.21
2,018.79
107,833.42
0.00
107,833.42
10,400.00
10,400.00
0.00
0.00
0.00
0.00
10,400.00
10,400.00
(10,400.00)
0.00
0.00
(10,400.00)
22,000.00
20,000.00
25,000.00
67,000.00
0.00
0.00
0.00
0.00
0.00
0.00
3,375.00
3,375.00
22,000.00
20,000.00
21,625.00
63,625.00
10,000.00
500.00
10,500.00
0.00
0.00
0.00
3,800.00
0.00
3,800.00
6,200.00
500.00
6,700.00
6480408 · Maint Expense - Massena Lot 17 Bldg
6480510 - Depreciation Expense - Massena Lot 17 Bldg
Total Expenditure for Massena Lot 17
Total Massena Lot 17
Total Building Revenues
Total Building Expenditures
Total Building Net Income
Total Building Depreciation
Building Net Income without Depreciation
Miscellaneous Projects
6420501 - Railroad Interest Expense
Total Expenditure for Miscellaneous Projects
Total Miscellaneous Projects
CAP Improvement
6475515 - CAP IMP Vehicles
6475522 - CAP IMP Computer
6475530 - CAP IMP Furnishings
Total Capital Improvement Expenditures
Other Income
2413 · Project Fees
6499 - Miscellaneous Income
Total Other Income
5,218.67
74,613.79
123,021.21
(48,407.42)
111,502.00
63,094.58
2013 Budget
Pilot & Maintenance Payments
2420 · Pilot Payment Received
6490613 · PILOT - Tamarack
6490615 · PILOT - Newton Falls
Total Pilot & Maintenance Payments
June 2013
YTD
Balance
66,203.00
66,203.00
437.58
437.58
33,283.28
33,283.28
32,919.72
32,919.72
5,251.00
60,952.00
66,203.00
437.58
0.00
437.58
2,625.48
30,657.80
33,283.28
2,625.52
30,294.20
32,919.72
0.00
0.00
0.00
0.00
385.20
30.00
467.83
46.28
199.99
0.00
763.45
122.18
0.00
196.25
0.00
2,020.95
3,225.00
0.00
375.64
288.16
175.39
84.30
1,590.00
755.38
0.00
1,683.86
4,609.50
3,979.21
4,164.86
4,052.27
1,328.67
0.00
3,139.32
626.73
0.00
2,498.13
750.00
7,660.95
3,225.00
5,850.00
8,611.01
2,874.08
524.77
326.80
2,490.00
3,762.93
333.88
6,060.22
10,390.50
15,220.79
31,835.14
5,947.73
3,671.33
2,500.00
1,860.68
1,373.27
2,500.00
7,501.87
1,250.00
12,339.05
3,275.00
150.00
41,388.99
4,210.92
3,475.23
5,803.20
510.00
11,237.07
1,666.12
4,089.78
IDA General Operating Expenditures
6460408 · Maintenance Expense
15,000.00
6460411 · Insurance Expense
19,200.00
6460416 · Utilities Expense
36,000.00
6460420 · Office Supplies Expense
10,000.00
6460421 · Office Equipment Expense
5,000.00
6460422 · Equipment Repair Expense
2,500.00
6460423 · Telephone Expense
5,000.00
6460424 · Postage Expense
2,000.00
6460425 · Printing & Copying Expense
2,500.00
6460426 · Data Processing Expense
10,000.00
6460427 · Professional Associations Expense
2,000.00
6460432 · Other Legal Expense
20,000.00
6460433 · Legal Expense - Retainer
6,500.00
6460434 · Accounting Expense
6,000.00
6460436 · Promotion/Marketing Expense
50,000.00
6460440 · Auto Expense
7,085.00
6460442 · Meeting Expense
4,000.00
6460443 · Mileage Expense
6,130.00
6460444 · Education Workshops Expense
3,000.00
6460445 · Other Travel Expense
15,000.00
6460499 · Miscellaneous Expense
2,000.00
6460501 - Interest Expense
10,150.00
6460503 - Payroll Expenses
503A - Salaries & Wages
409,100.00
503B - Employee Benefits
157,500.00
503C - Post Employment Benefits Expense
79,500.00
503D - Payroll Tax Expense
31,400.00
503E - Payroll Processing Fees
2,000.00
6460599 - Depreciation Expense
12,500.00
Total IDA General Operating Expenditures
931,065.00
Total Operating Revenue 746,344.00
Total Operating Expenditures 998,065.00
Net Ordinary Income (251,721.00)
Total Other Income
10,500.00
Net Income (241,221.00)
31,699.52
6,747.47
0.00
2,269.80
195.96
0.00
53,322.61
48,460.82
53,322.61
(4,861.79)
0.00
(4,861.79)
205,925.06
142,356.61
0.00
14,749.68
1,357.25
0.00
431,256.93
436,634.62
434,631.93
2,002.69
3,800.00
5,802.69
203,174.94
15,143.39
79,500.00
16,650.32
642.75
12,500.00
499,808.07
309,709.38
563,433.07
(253,723.69)
6,700.00
(247,023.69)
St. Lawrence County Industrial Development Agency
Cash and In Time Report
June 2013
Type of Account
Bank
Interest Rate
Amount
Rental Deposits
Checking
Payroll Account
Money Market
Savings
Bank of America
NBT Bank
NBT Bank
Key Bank
NBT Bank
0.00%
0.02%
0.02%
0.25%
0.25%
$
18,494.79
$
418,959.40
$
22,578.63
$ 2,125,579.73
$ 1,493,933.60
$ 4,079,546.15
($2,000,000.00)
$ 2,079,546.15
Reserve
Total Cash accounts
St. Lawrence County IDALDC
Consolidated Balance Sheet
January through June 2013
General Fund
GMEDF
Loan Fund
RVRA
TOTAL
ASSETS
Current Assets
Checking/Savings
200 · Cash - General Fund
200B · Cash-General Fund-Key
200BG · Cash-General Key Bank
125,000.00
0.00
0.00
0.00
125,000.00
89,051.95
0.00
0.00
0.00
89,051.95
214,051.95
0.00
0.00
0.00
214,051.95
42,060.41
0.00
0.00
0.00
42,060.41
2,123.28
0.00
0.00
0.00
2,123.28
258,235.64
0.00
0.00
0.00
258,235.64
201X · Cash - RLF -Restrict SLBrew LOC
0.00
0.00
50,000.00
0.00
50,000.00
201A · Cash-RLF-First Niagara
0.00
0.00
358,386.35
0.00
358,386.35
201C · Cash-RLF-Comm Bank
0.00
0.00
55,860.77
0.00
55,860.77
201D · Cash-RLF-Key Bank
0.00
0.00
14,670.19
0.00
14,670.19
201F · CASH-RLF-NBT
0.00
0.00
408,600.79
0.00
408,600.79
200BT · Cash-Training -Key
Total 200B · Cash-General Fund-Key
200C · Cash-General-NBT
200P · Cash-General Fund-Payroll
Total 200 · Cash - General Fund
201 · Cash -Revolving Loan Fund
201Z · Cash-RLF-Restricted Ansen LOC
0.00
0.00
100,000.00
0.00
100,000.00
0.00
0.00
987,518.10
0.00
987,518.10
202A · Cash-RVRA-NBT Cking
0.00
0.00
0.00
129,202.70
129,202.70
202B · Cash-RVRA-NBT MM
0.00
0.00
0.00
1.00
1.00
202C · Cash - RVRA - Key
0.00
0.00
0.00
5,180,864.49
5,180,864.49
202D · Cash-RVRA-First Niagara
0.00
0.00
0.00
6,886,100.86
6,886,100.86
0.00
0.00
0.00
12,196,169.05
12,196,169.05
Total 201 · Cash -Revolving Loan Fund
202 · Cash - RVRA
Total 202 · Cash - RVRA
203 · Cash - GMEDF
0.00
1,466,647.31
0.00
0.00
1,466,647.31
Total 203 · Cash - GMEDF
203A · Cash-GMEDF-NBT
0.00
1,466,647.31
0.00
0.00
1,466,647.31
209 · Rental Security Deposits
0.00
0.00
0.00
34,027.10
34,027.10
258,235.64
1,466,647.31
987,518.10
12,230,196.15
14,942,597.20
258,235.64
1,466,647.31
987,518.10
12,230,196.15
14,942,597.20
100A · MIB 18- Building -RVRDA
0.00
0.00
0.00
359,800.00
359,800.00
100B · MIB 18 - Bldg Deprec -RVRDA
0.00
0.00
0.00
-8,395.33
-8,395.33
0.00
0.00
0.00
351,404.67
351,404.67
101A · MIB 19 - Building - RVRDA
0.00
0.00
0.00
340,200.00
340,200.00
101B · MIB 19- Bldg Deprec - RVRDA
0.00
0.00
0.00
-7,938.00
-7,938.00
0.00
0.00
0.00
332,262.00
332,262.00
594,233.38
Total Checking/Savings
Total Current Assets
Fixed Assets
100 · Massena Lot 18 (MIB18)RVRDA
Total 100 · Massena Lot 18 (MIB18)RVRDA
101 · Massena Lot 19 (MIB19) RVRDA
Total 101 · Massena Lot 19 (MIB19) RVRDA
117 · 4MIB-LDC
117A · 4MIB-Building-LDC
0.00
0.00
594,233.38
0.00
117B · 4MIB-mprovements - LDC
0.00
0.00
149,290.09
0.00
149,290.09
117C · 4MIB - Bldg Deprec - LDC
0.00
0.00
-178,545.33
0.00
-178,545.33
Total 117 · 4MIB-LDC
0.00
0.00
564,978.14
0.00
564,978.14
118 · Land-Lot13-LDC MIP
0.00
0.00
30,000.00
0.00
30,000.00
0.00
0.00
594,978.14
683,666.67
1,278,644.81
0.00
0.00
41,325.00
41,325.00
82,650.00
0.00
135,728.49
0.00
0.00
135,728.49
Total Fixed Assets
Other Assets
252 · Accrued A/R NG Marketing
Mortgage Receivable GMEDF
410 · MR-Curran-GMEDF
411 · MR-Galilee Farms-GMEDF
0.00
44,390.10
0.00
0.00
44,390.10
412 · MR-GM Vendor-GMEDF
0.00
301,037.61
0.00
0.00
301,037.61
0.00
481,156.20
0.00
0.00
481,156.20
Total Mortgage Receivable GMEDF
St. Lawrence County IDALDC
Consolidated Balance Sheet
January through June 2013
General Fund
GMEDF
Loan Fund
RVRA
TOTAL
Note Rec. (RevolvingLoanFund)
459 · NR-ATL Tamarack-RLF
0.00
0.00
14,499.43
0.00
14,499.43
466 · NR-Hacketts-RLF
0.00
0.00
92,939.91
0.00
92,939.91
470 · NR-SLCIDA Lot 20-RLF
0.00
0.00
60,421.81
0.00
60,421.81
471 · NR-Glazier-RLF
0.00
0.00
39,937.71
0.00
39,937.71
477 · NR-DE Kerr-RLF
0.00
0.00
37,963.89
0.00
37,963.89
479 · NR-Atlantic Testing-RLF
0.00
0.00
99,766.65
0.00
99,766.65
480 · NR-Curran-RLF
0.00
0.00
289,271.19
0.00
289,271.19
482 · NR-No Law Dairy-RLF
0.00
0.00
-6,440.08
0.00
-6,440.08
483 · NR-SLIC-RLF
0.00
0.00
72,295.83
0.00
72,295.83
485 · NR - North Country Dairy -RLF
0.00
0.00
291,949.94
0.00
291,949.94
488 · N/R - Gilbert Green Co Club-RLF
0.00
0.00
45,547.21
0.00
45,547.21
490 · NR - SLIC LOC -RLF
0.00
0.00
275,741.96
0.00
275,741.96
492 · NR - Curran 2012 RLF
0.00
0.00
98,122.13
0.00
98,122.13
493 · NR - St Law Brewing Co-RLF
0.00
0.00
44,504.58
0.00
44,504.58
Total Note Rec. (RevolvingLoanFund)
0.00
0.00
1,456,522.16
0.00
1,456,522.16
485R · NR - North Country Dairy-RVRA
0.00
0.00
0.00
285,510.35
285,510.35
486 · NR - SLIC -RVRA
0.00
0.00
0.00
373,623.51
373,623.51
487 · NR - Struc Wood - RVRA
0.00
0.00
0.00
130,967.22
130,967.22
489 · NR - Nicholville Tele Co
0.00
0.00
0.00
339,775.87
339,775.87
0.00
0.00
0.00
1,129,876.95
1,129,876.95
420 · NR-North Racq Greenery-GMEDF
0.00
38,558.65
0.00
0.00
38,558.65
421 · NR-Atlantic Testing-GMEDF
0.00
99,771.82
0.00
0.00
99,771.82
423 · NR-Hoosier-GMEDF
0.00
138,870.27
0.00
0.00
138,870.27
424 · NR-Media Access-GMEDF
0.00
107,975.88
0.00
0.00
107,975.88
428 · NR-St Law Foods-GMEDF
0.00
131,262.89
0.00
0.00
131,262.89
431 · NR-Youngs Bros-GMEDF
0.00
61,868.95
0.00
0.00
61,868.95
432 · NR - Clifton Fine GMEDF
0.00
133,481.04
0.00
0.00
133,481.04
434 · NR - Structural Wood - GMEDF
0.00
128,757.50
0.00
0.00
128,757.50
435 · N/R - TooBro
0.00
13,870.48
0.00
0.00
13,870.48
Total Notes Receivable GMEDF
0.00
854,417.48
0.00
0.00
854,417.48
210 · Accrued Interest Receivable
0.00
21,733.64
5,274.64
0.00
27,008.28
0.00
258,235.64
1,357,307.32
2,823,954.63
1,503,121.80
3,085,618.04
1,171,201.95
14,085,064.77
4,031,631.07
20,252,873.08
0.00
0.00
0.00
34,027.10
34,027.10
0.00
0.00
0.00
34,027.10
34,027.10
0.00
0.00
0.00
34,027.10
34,027.10
0.00
0.00
0.00
1,433.62
1,433.62
0.00
0.00
0.00
1,433.62
1,433.62
0.00
0.00
0.00
35,460.72
35,460.72
32000 · Unrestricted Net Assets
96,882.41
118,466.17
-32,952.36
-1,475,422.67
-1,293,026.45
3800 · Net Assets-Unrestricted
156,112.16
0.00
-26,109.09
0.00
130,003.07
0.00
2,696,625.18
3,145,265.86
15,791,062.59
21,632,953.63
Note Receivable - RVRA
Total Note Receivable - RVRA
Notes Receivable GMEDF
Total Other Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
2100 · Rental Deposits
Total Other Current Liabilities
Total Current Liabilities
Long Term Liabilities
524 · Due to SLCIDA
Total Long Term Liabilities
Total Liabilities
Equity
3900 · Net Assets - Temp Restricted
Net Income
Total Equity
TOTAL LIABILITIES & EQUITY
5,241.07
8,863.28
-586.37
-266,035.87
-252,517.89
258,235.64
258,235.64
2,823,954.63
2,823,954.63
3,085,618.04
3,085,618.04
14,049,604.05
14,085,064.77
20,217,412.36
20,252,873.08
St. Lawrence County IDALDC
Consolidated Budget Report
Budget vs. Actual
Income
Budget
General Fund
June 2013
GMEDF
June 2013
Loan Fund
June 2013
RVRA
June 2013
Combined
June 2013
YTD
Balance
OPERATING REVENUE
2400 · Late Fees Received
2409B · Interest Income - Banking
500.00
0.00
0.00
0.00
0.00
0.00
75.00
425.00
34,200.00
0.00
23.56
60.46
1,319.07
1,403.09
7,637.78
26,562.22
2409L · Interest Income - Loans
142,800.00
0.00
2,509.33
3,154.02
3,505.82
9,169.17
62,667.65
80,132.35
2412 · RVRA Administrative Revenue
300,000.00
0.00
0.00
0.00
0.00
0.00
150,000.00
150,000.00
2413 · WIB Director Revenue
42,800.00
3,615.58
0.00
0.00
0.00
3,615.58
12,389.99
30,410.01
2424 · Brasher Admin Income (LDCMicro)
1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
1,000.00
2450 · Miscellaneous Income
3,500.00
0.00
0.00
0.00
0.00
0.00
4,100.00
524,800.00
3,615.58
2,532.89
3,214.48
4,824.89
14,187.84
236,870.42
287,929.58
2421 · Rental Income-4MIB
63,000.00
0.00
0.00
0.00
0.00
0.00
16,605.27
46,394.73
Total Revenue for 4MIB
63,000.00
0.00
0.00
0.00
0.00
0.00
16,605.27
46,394.73
Total OPERATING REVENUE
(600.00)
4TH MASSENA INDUSTRIAL BUILDING
6485499 · 4MIB - Miscellaneous Expense
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
6485510 · 4MIB - Depreciation Expense
15,297.00
0.00
0.00
0.00
0.00
0.00
0.00
15,297.00
Total Expenditures for 4MIB
15,297.00
0.00
0.00
0.00
0.00
0.00
0.00
15,297.00
47,703.00
0.00
0.00
0.00
0.00
0.00
16,605.27
31,097.73
2422 - MIB Lot 18 Rent
25,000.00
0.00
0.00
0.00
0.00
0.00
0.00
25,000.00
Total Revenue for MIB18
25,000.00
0.00
0.00
0.00
0.00
0.00
0.00
25,000.00
6486408 · MIB18 - Maintenance Expense
2,000.00
0.00
0.00
0.00
75.00
75.00
191.80
1,808.20
6486411 · MIB18 - Insurance Expense
3,850.00
0.00
0.00
0.00
0.00
0.00
0.00
3,850.00
6486415 · MIB18 - Cleanup-Repair Expense
2,000.00
0.00
0.00
0.00
0.00
0.00
0.00
2,000.00
0.00
0.00
0.00
0.00
93.97
93.97
779.42
6486499 · MIB18 - Miscellaneous Expense
2,000.00
0.00
0.00
0.00
0.00
0.00
1,274.00
726.00
6486500 · MIB18 - Depreciation Expense
7,196.00
0.00
0.00
0.00
0.00
0.00
0.00
7,196.00
17,046.00
0.00
0.00
0.00
168.97
168.97
2,245.22
14,800.78
7,954.00
0.00
0.00
0.00
(168.97)
(168.97)
(2,245.22)
10,199.22
2422 - MIB Lot 19 Rent
25,000.00
0.00
0.00
0.00
2,437.50
2,437.50
14,625.00
10,375.00
Total Revenue for MIB19
25,000.00
0.00
0.00
0.00
2,437.50
2,437.50
14,625.00
10,375.00
6487408 · MIB19 - Maintenance Expense
2,000.00
0.00
0.00
0.00
75.00
75.00
75.00
1,925.00
6487411 · MIB19 - Insurance Expense
3,850.00
0.00
0.00
0.00
0.00
0.00
0.00
3,850.00
6487415 · MIB19 - Cleanup-Repair Expense
2,000.00
0.00
0.00
0.00
0.00
0.00
0.00
2,000.00
6487416 · MIB19 - Utility Expense
6,000.00
0.00
0.00
0.00
6.50
6.50
233.85
5,766.15
6487499 · MIB19 - Miscellaneous Expense
2,500.00
0.00
0.00
0.00
0.00
0.00
0.00
2,500.00
6487500 · MIB19 - Depreciation Expense
6,804.00
0.00
0.00
0.00
0.00
0.00
0.00
6,804.00
23,154.00
0.00
0.00
0.00
81.50
81.50
308.85
22,845.15
1,846.00
0.00
0.00
0.00
2,356.00
2,356.00
14,316.15
(12,470.15)
2427 · 1ST CIB - Revenue from IDA
0.00
0.00
0.00
0.00
0.00
0.00
101,993.30
(101,993.30)
Total Revenue for CIB
0.00
0.00
0.00
0.00
0.00
0.00
101,993.30
(101,993.30)
6475209 · 1ST CIB - Capital Expense
0.00
0.00
0.00
0.00
0.00
0.00
101,993.30
(101,993.30)
Total Expenses for CIB
0.00
0.00
0.00
0.00
0.00
0.00
101,993.30
(101,993.30)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2426 · Training Reimbursement Revenue
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Revenue for Misc Projects
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
6420430 · Training Reimb Expense
0.00
0.00
0.00
0.00
0.00
0.00
9,860.92
(9,860.92)
Total Expenses for Misc Projects
0.00
0.00
0.00
0.00
0.00
0.00
9,860.92
(9,860.92)
0.00
0.00
0.00
0.00
0.00
0.00
113,000.00
55,497.00
57,503.00
29,297.00
86,800.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2,437.50
250.47
2,187.03
0.00
2,187.03
2,437.50
250.47
2,187.03
0.00
2,187.03
Total 4TH MASSENA INDUSTRIAL BUILDING
MASSENA INDUSTRIAL BUILDING LOT18
6486416 · MIB18 - Utility Expense
Total Expenditures for MIB18
Total MASSENA INDUSTRIAL BUILDING LOT18
(779.42)
MASSENA INDUSTRIAL BUILDING LOT19
Total Expenditures for MIB19
Total MASSENA INDUSTRIAL BUILDING LOT19
CANTON INDUSTRIAL BUILDING
Total CANTON INDUSTRIAL BUILDING
MISCELLANEOUS PROJECTS
Total MISCELLANEOUS PROJECTS
Total Building Revenues
Total Building Expenditures
Total Building Net Income
Total Building Depreciation
Building Net Income without Depreciation
(9,860.92)
9,860.92
31,230.27
2,554.07
28,676.20
0.00
28,676.20
81,769.73
52,942.93
28,826.80
29,297.00
58,123.80
St. Lawrence County IDALDC
Consolidated Budget Report
Budget vs. Actual
Expense
Budget
General Fund
June 2013
GMEDF
June 2013
Loan Fund
June 2013
RVRA
June 2013
Combined
June 2013
YTD
Balance
GENERAL OPERATING EXPENSES
6460411 · Insurance Expense
3,200.00
0.00
0.00
0.00
0.00
0.00
0.00
3,200.00
6460420 · Office Supplies Expense
1,000.00
0.00
0.00
0.00
0.00
0.00
0.00
1,000.00
400.00
0.00
0.00
0.00
0.00
0.00
175.00
225.00
54,000.00
0.00
0.00
0.00
0.00
0.00
27,000.00
27,000.00
300,000.00
0.00
0.00
0.00
0.00
0.00
150,000.00
150,000.00
36,000.00
0.00
750.00
0.00
0.00
750.00
3,395.79
32,604.21
8,000.00
0.00
0.00
3,225.00
0.00
3,225.00
3,975.00
4,025.00
12,000.00
0.00
0.00
0.00
0.00
0.00
12,475.00
7,200.00
0.00
0.00
0.00
0.00
0.00
0.00
7,200.00
6460427 · Memberships & Dues Expense
6460430 · Contractual Expenses to MED
6460431 · IDALDC Admin Payment
6460432 · Other Legal Expense
6460433 · Legal Expense - Retainer
6460434 · Accounting Expense - General
6460435 - GMEDF Admin Fee
6460436 - Marketing
(475.00)
75,000.00
0.00
0.00
16,394.09
0.00
16,394.09
38,786.12
36,213.88
6460442 · Meeting Expense
1,500.00
0.00
0.00
33.24
0.00
33.24
56.40
1,443.60
6460443 · Mileage Expense
500.00
0.00
0.00
22.94
0.00
22.94
22.94
477.06
3,500.00
0.00
0.00
0.00
0.00
0.00
0.00
3,500.00
556,330.00
0.00
0.00
0.00
0.00
0.00
125,000.00
431,330.00
2,050.00
0.00
0.00
0.00
0.00
0.00
29.34
2,020.66
42,500.01
6460445 ·Other Travel Expense
6460450 · Community Devel. & Improv Proj
6460499 · Miscellaneous Expense
6460503 · Payroll Expenses
0.00
503A - Salaries & Wages
85,000.00
6,538.46
0.00
0.00
0.00
6,538.46
42,499.99
503B - Employee Benefits
1,000.00
35.92
0.00
0.00
0.00
35.92
225.14
774.86
503D - Payroll Tax Expenses
7,000.00
500.18
0.00
0.00
0.00
500.18
3,531.67
3,468.33
1,750.00
148.56
0.00
0.00
0.00
148.56
1,031.20
718.80
200,000.00
0.00
0.00
0.00
0.00
0.00
100,000.00
100,000.00
503E- Payroll Processing Fees
6460550 · IDA Admin Payment
6460599 · Depreciation Expense
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,355,430.00
7,223.12
750.00
19,675.27
0.00
27,648.39
508,203.59
847,226.41
Total Income
582,303.00
3,615.58
2,532.89
3,214.48
7,011.92
16,374.87
265,546.62
316,756.38
Total Expenses
1,355,430.00
7,223.12
750.00
19,675.27
0.00
27,648.39
518,064.51
837,365.49
(11,273.52)
(252,517.89)
(520,609.11)
Total GENERAL OPERATING EXPENSES
Net Income
(773,127.00)
(3,607.54)
1,782.89
(16,460.79)
7,011.92
St. Lawrence County Industrial Development Agency
Local Development Corporation
Cash and In Time Report
June 2013
Bank
NBT
Key Bank
Key Bank
NBT
NBT
NBT
NBT
NBT
Community Bank
HSBC
Key Bank
NBT
HSBC
Key Bank
NBT
NBT
Fund
Account Type
General
Money Market
General
Money Market
Gen Training Money Market
General
Payroll
GMEDF
Checking
Loan Fund Brewery LOC
Loan Fund Ansen LOC
Loan Fund Checking
Loan Fund Money Market
Loan Fund Money Market
Loan Fund Money Market
RVRA
Checking
RVRA
Money Market
RVRA
Money Market
RVRA
Money Market
RVRA
Tenant Security
Restricted /
Unrestricted
Unrestricted
Unrestricted
Unrestricted
Unrestricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Restricted
Interest Rate
0.05%
0.15%
0.15%
0.00%
0.20%
0.05%
0.05%
0.05%
0.25%
0.15%
0.15%
0.05%
0.33%
0.15%
0.05%
0.20%
Amount
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
42,060.41
125,000.00
89,051.95
2,123.28
1,466,647.31
50,000.00
100,000.00
358,386.35
55,860.77
408,600.79
14,670.19
129,202.70
6,886,100.86
5,180,864.49
1.00
34,027.10
$
14,942,597.20
ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY
LOCAL DEVELOPMENT CORPORATION
LOAN FUND
Quarterly Report
4/1/13 - 6/30/13
ASSETS
Current Assets
Unrestricted Cash in Bank
Restricted Assets
Cash - Rental Deposit
Cash in Time Deposits
11a.)
b.)
c.)
d.)
e.)
$
$
$
$
829,903.02
-
Cash On Hand Beginning of Reporting Period
Letter of Credit Drawdowns
Tresury check payments
Total receipts (Sum of lines b and c)
Total cash available (Sum of lines a and d)
$
$
$
$
$
829,903.02
829,903.02
$
$
$
304,217.15
461,832.23
(157,615.08)
Expenditures
1053
SLIC Network Solutions Inc
1054
North Country Alliance
63,266.77
395.83
1055
Adirondack Economic Development Corp
936.77
1056
CITEC, Inc
334.00
1057
CITEC, Inc
12,788.72
1058
SLIC Network Solutions Inc
11,727.52
1059
NYS Department of Law
775.00
1060
Adirondack Economic Development Corp
554.17
1061
North Country Alliance
1062
CITEC, Inc
1063
Strader-Ferris International
1064
SLC IDA
4,673.08
1065
GMEDF.
1,421.12
1066
Strader-Ferris International
67.63
1067
SLIC Network Solutions Inc
62,000.00
1068
Thomas Plastino
1069
EXXONMOBIL
109.41
1070
SLC Treasurer.
65.00
1071
Leigh Rodriguez
1072
North Country Alliance
1,384.29
1073
Adirondack Economic Development Corp
1,475.02
1074
SLC IDA
1075
SLIC Network Solutions Inc
1076
Silver & Collins
1077
SLIC Network Solutions Inc
1079
SLC IDA
1080
CITEC, Inc
1081
Best Western University Inn
1082
AITIA Analytics Inc.
1083
Electric Strategies, Inc
7,980.00
1084
BOA Publishing Inc.
2,405.55
395.83
1,958.87
134.05
22.94
6.67
1,734.00
49,920.92
3,225.00
68,598.29
992.46
2,835.00
33.24
2,000.00
f.) Gross disbursements
11.g.) Revolving Loan fund Receipts:
h.) Net disbursements (Line f minus line g)
i.) Adjustments of prior periods
Current Assets
Unrestricted Cash in Bank
Restricted Assets
Cash - Rental Deposits
$
$
$
$
987,518.10
-
11.j.) Cash On Hand Ending Period
$
-
987,518.10
$
987,518.10
$
987,518.10
St. Lawrence County IDA Civic Development Corp.
Balance Sheet
As of June 30, 2013
Jun 30, 13
ASSETS
Current Assets
Checking/Savings
200 · Checking Account
200-N · NBT Account
200B · NBT-Restricted-Civic Dev Fund
200A · NBT Checking - Unrestricted
200-N · NBT Account - Other
54,322.02
125,570.86
1,551.88
Total 200-N · NBT Account
181,444.76
200C · Key Money Market-Unrestricted
200,064.65
Total 200 · Checking Account
Total Checking/Savings
Total Current Assets
381,509.41
381,509.41
381,509.41
Other Assets
401 · N/R - OBPA 2012
Total Other Assets
TOTAL ASSETS
73,392.98
73,392.98
454,902.39
LIABILITIES & EQUITY
Equity
Restricted
3900 · Unrestricted - Board Designated
Net Income
Total Equity
TOTAL LIABILITIES & EQUITY
54,322.02
402,512.21
-1,931.84
454,902.39
454,902.39
St. Lawrence County IDA
Civic Development Corporation
2013 Budget
Income
2409B · Interest Income - Banking
2409L · Interest Income - Loans
2415 · Project/Bond Fees
Expenditures
6460411 · Insurance Expense
6460432 · Legal Expense
6460434 · Accounting Expense
6460450 · Project Development Expense
6460499 · Miscellaneous Expense
Total IDA CDC Operating Expenditures
Total Revenue
Total Expenditures
Net Income
Jun-13
YTD
Balance
250.00
2,000.00
0.00
2,250.00
20.05
276.34
0.00
296.39
88.72
960.85
0.00
1,049.57
161.28
1,039.15
0.00
1,200.43
700.00
10,000.00
3,000.00
0.00
1,000.00
14,700.00
0.00
0.00
0.00
0.00
33.24
33.24
0.00
0.00
2,925.00
0.00
56.41
2,981.41
700.00
10,000.00
75.00
0.00
943.59
11,718.59
2,250.00
14,700.00
(12,450.00)
296.39
33.24
263.15
1,049.57
2,981.41
(1,931.84)
1,200.43
11,718.59
(10,518.16)
St. Lawrence County Local Development Corporation
Balance Sheet
As of June 30, 2013
Jun 30, 13
ASSETS
Current Assets
Checking/Savings
200 · NBT Checking
Total Checking/Savings
Other Current Assets
Accrued Interest Receivable
Total Other Current Assets
Total Current Assets
Other Assets
Loans Receivable
400 · Adirondack Battery
401 · AKJ Marine
402 · Chip's Place
404 · Felician House
405 · Gordons Frame to Finish
407 · Hebel Welding
408 · Honey Dew Acres
410 · Lucas Motorsports 4
411 · Main Grind Coffeehouse
412 · Maple Run Emporiums, Inc
413 · New Horizons Wireless, Inc.
415 · River Lane Campground
416 · River Run Fitness
417 · Sharrow's Home Repair
418 · Splendid Spaces
419 · St. Lawrence Valley Roasters
420 · Sugar Shack Bakery & Cafe
421 · Tony's Canvas & Leather
422 · Unique Boutique
423 · Valley Greenery
424 · St Lawrence Optical
425 · Sam's Party Tents
426 · Shades Tanning
427 · Waddington Auto Parts
428 · Susan's Stitches
Total Loans Receivable
Total Other Assets
TOTAL ASSETS
15,428.25
12,036.33
2,694.75
6,437.84
18,227.37
6,069.12
15,972.47
638.15
930.62
12,238.45
12,685.34
11,873.97
2,590.88
1,192.73
13,480.79
13,189.08
12,440.26
2,999.51
6,019.91
9,640.27
6,500.00
19,671.06
19,514.55
19,104.16
19,342.82
260,918.68
260,918.68
319,030.47
LIABILITIES & EQUITY
Equity
3800 · Unrestricted - Board Designated
3700 · Unrestricted
3900 · Temporarily Restricted
Net Income
Total Equity
TOTAL LIABILITIES & EQUITY
343,251.29
5,316.95
-24,294.18
-5,243.59
319,030.47
319,030.47
57,344.93
57,344.93
766.86
766.86
58,111.79
St. Lawrence County Local Development Corporation
Profit / Loss Budget Report
St. Lawrence County Local Development Corporation
Budget 2013 June 2013
YTD
Balance
Income
2400 · Late Fees Received
2409B · Interest Income - Banking
2409L · Interest Income - Loans
2450 · Miscellaneous Income
2424 · Brasher Admin Income
Total Income
500.00
1,000.00
9,000.00
500.00
1,000.00
12,000.00
135.00
0.80
680.63
0.00
0.00
816.43
795.00
4.38
5,115.70
0.00
0.00
5,915.08
700.00
250.00
250.00
1,500.00
500.00
3,000.00
500.00
500.00
1,000.00
7,500.00
100.00
15,800.00
12,000.00
15,800.00
(3,800.00)
0.00
0.00
0.00
0.00
0.00
9.87
300.00
667.40
0.00
0.00
0.00
2,925.00
33.23
56.40
0.00
0.00
0.00
0.00
0.00
7,500.00
0.00
0.00
333.23 11,158.67
816.43
5,915.08
333.23 11,158.67
483.20 (5,243.59)
(295.00)
995.62
3,884.30
500.00
1,000.00
6,084.92
Expense
6460411 · Insurance Expense
6460420 · Office Supplies Expense
6460424 · Postage Expense
6460432 · Other Legal Expense
6460433 · Legal Expense - Retainer
6460434 · Accounting Expense - General
6460442 · Meeting Expense
6460445 ·Other Travel Expense
6460452 ·Brasher Admin Payment to IDALDC
6460502 ·Outside Contract Expense
6460499 · Miscellaneous Expense
Total Expense
Total Revenue
Total Expenditures
Net Income
700.00
250.00
240.13
832.60
500.00
75.00
443.60
500.00
1,000.00
0.00
100.00
4,641.33
6,084.92
4,641.33
1,443.59
ST LAWRENCE COUNTY LOCAL DEVELOPMENT CORP
MICRO LOAN
Quarterly Report
4/1/13 - 6/30/13
B-99-DH-36-0297
11a)
11b)
11c)
11d)
Current Assets
Cash
Cash in Bank
Cash On Hand Beginning of Period
Letters of Credit Drawdowns (Grant Rec'd)
Treasury Check Payments
Total Receipts (Sum b & c)
$
$
$ 39,426.25
$
$
11e) Total Cash Available (Sum a & d)
Expenditures
717
Development Authority of North Count
718
NYS Dept. of Law
719
Silver & Collins
720
Best Western Univeristy Inn
11f) Gross Disbursements
11g) Revolving Loan Fund Receipts:
11h) Net Disbursements (F minus G)
11i) Adjustments of prior periods
Current Assets:
Cash in Bank
Restricted Assets
11j) Cash on Hand Ending of Period
39,426.25
-
-
$ 39,426.25
47.40
110.00
300.00
33.23
$490.63
$18,409.31
$ (17,918.68)
$
$
$
-
57,344.93
$ 57,344.93