City Council Agenda Packet 05-24-2021AGENDA
REGULAR MEETING — MONTICELLO CITY COUNCIL
Monday, May 24, 2021— 6:30 p.m.
Mississippi Room, Monticello Community Center
CITY COUNCIL SPECIAL MEETINGS
Monticello Community Center (Bridge Room)
4:45 p.m. Closed Meeting —Discuss Offer to Sell Property
PID 155-176-001020 (Jefferson Commons 1st Addition, Lot 1, Block 1)
Discuss Offer to Purchase Property
PID 155-230-000010 (Cedar Street Addition, Outlot A)
Closed meeting authorized by Minnesota Statute 13D.05, Subd. 3
5:30 p.m. Parks, Arts & Recreation Department Discussion
Mayor: Lloyd Hilgart
Council Members: Jim Davidson, Charlotte Gabler, Brian Hudgins, Sam Murdoff
1. General Business
A. Call to Order & Pledge of Allegiance
B. Approval of Agenda — Councilmembers or the City Administrator may add items
to the agenda for discussion purposes or approval. The City Council may or may
not take official action on items added to the agenda.
C. Approval of Meeting Minutes
• Joint Meeting Minutes from May 10, 2021
• Regular Meeting Minutes from May 10, 2021
D. Citizen Comments — Individuals may address the City Council about any item not
contained on the agenda. Each speaker will be allotted three minutes with a
maximum of five speakers. The Mayor may allow for additional time and/or
speakers. The City Council generally takes no official action of items discussed,
except for referral to staff for future report.
E. Public Service Announcements
• Memorial Day Hours
• Walk & Roll
• Summer Swimming Lessons
F. Council Liaison Updates
• EDA
• MOAA
0 1-94 Coalition
G. Department Updates
• WCSO Quarterly Update (when meeting starts)
• MontiArts Update
• Finance Department Annual Update
• Construction Update
• City Administrator Update
- Great River Soccer Club
- Covid-19 Update/Return to Work
2. Consent Agenda — All items listed on the Consent Agenda are considered standard or
may not need discussion prior to approval. These items are acted upon by one motion
unless a councilmember, the city administrator, or a citizen requests the item by
removed from consent for additional discussion.
A. Consideration of approving payment of bills
B. Consideration of approving new hires and departures for City departments
C. Consideration of approving the sale/disposal of surplus city property
D. Consideration of approving annual liquor license renewals for 2021-2022
E. Consideration of adopting Resolution 2021-35 rescinding emergency order
F. Consideration of approving an updated facility hours schedule
G. Consideration of adopting Resolution 2021-34 opting to participate in the Wright
County Economic Development Authority
H. Consideration of extending the lease for Fred's auto building, 349 W. Broadway
I. Consideration of approving closure of a portion of Hart Boulevard from 7:00 a.m.
—1:00 p.m. on Saturday, June 12, 2021
J. Consideration of approving a temporary waiver of construction activities noise
regulations, City Code 130.09 (3) for Hoffman Construction, Inc. for the 1-94
Expansion Project
K. Consideration of authorizing the purchase of two -post vehicle lift from Mohawk
Resources LTD in the amount of $17,036.36
L. Consideration of authorizing the purchase of a VariTech anti icing system from
Bert's Truck and Equipment for a total of $26,369 and declaring the 1982 Ford
water truck as surplus
2A. Consideration of items removed from the consent agenda for discussion
3. Public Hearings
4. Regular Agenda
A. Consideration of accepting the 2020 Comprehensive Annual Financial Report
5. Adjournment
AGENDA
CITY COUNCIL SPECIAL MEETING
Monday, May 24, 2021— 4:45 p.m.
Monticello Community Center
AGENDA
1. Call to Order
2. 4:45 p.m. CLOSED MEETING —
Discuss Offer to Sell Property
PID 155-176-001020 (Jefferson Commons 1St Addition, Lot 1, Block 1)
Discuss Offer to Purchase Property
PID 155-230-000010 (Cedar Street Addition, Outlot A)
Closed meeting authorized by Minnesota Statute 13D.05, Subd. 3
3. 5:30 p.m. Parks, Arts & Recreation Department Discussion
4. Adjournment
MINUTES
JOINT MEETING MONTICELLO CITY COUNCIL/PLANNING COMMISSION
Monday, May 10, 2021— 4:30 p.m.
Mississippi Room, Monticello Community Center
Present: City Council: Lloyd Hilgart, Jim Davidson, Charlotte Gabler, Brian Hudgins, Sam
Murdoff
Planning Commission: Paul Konsor, John Alstad, Andrew Tapper, Alison Zimpfer,
and Eric Hagen
Absent: None
Others: Rachel Leonard, Angela Schumann, Jim Thares, Tom Pawelk, Matt Leonard, Steve
Grittman, and Jennifer Schreiber
Developers: Jeff Von Feldt, Richard Palmiter,
1. Call to Order
Mayor Hilgart called joint meeting to order at 4:30 p.m.
2. 4:30 p.m. Duffy Development Multi -Family Concept PUD Proposal
Steve Grittman, NAC, provided an overview of the proposed project which will be
located at the southern corner of 7' Street West and Elm Street. The project proposal
will provide 59 units of workforce housing with rents that will serve households with
incomes at or below 50% of the area median income. The project consists of a multi-
family structure, plus the addition of six 4 -bedroom units in three duplexes.
The site is currently owned by Riverwood Bank. The developers requested that the
parcel to be rezoned to Planned Unit Development, PUD, utilizing the R-4, Medium -High
Residence District as the baseline zoning for comparative purposes.
The applicant is looking for specific feedback in various areas of the project.
The applicant must submit a funding application to Minnesota Housing in July, 2021. The
main funding source is the Housing Tax Credit program. This is a competitive program
and awards will be announced in December 2021. If approved, the project would not be
complete until summer 2023.
There was some discussion among City Council, Planning Commission, and the
developer. Tom Pawelk, Parks Superintendent, noted that the pedestrian traffic would
need to be addressed as there are missing pathways and sidewalk segments north and
east. There was some discussion on whether this area would qualify for Safe Routes to
School funding.
Councilmember Gabler questioned the location of the townhomes being closest to the
interstate. Jeff Von Feldt noted that they prefer townhomes in that area because the
location slope more easily allows underground parking.
Eric Hagen questioned the location of the entrance and that it maybe would be better to
have on the west side.
City Council Special Meeting Minutes — May 10, 2021
Mayor Hilgart was not completely convinced that this was the best location and noted
that senior affordable housing may be a bigger need. However, he is supportive of the
project and Duffy Development's ability to do a good project. Mr. Von Feldt responded
that the State is recognizing the need for affordable senior housing, however, funding is
dedicated primarily to affordable workforce housing.
Overall, the City Council and Planning Commission expressed support for the project.
The next step for Duffy Development is to meet with the EDA to discuss funding and
apply to the State of Minnesota by July 15, 2021.
3. Adjournment
By consensus, the meeting was adjourned at 5:51 p.m.
Recorder: Jennifer Schreiber
Approved:
Attest:
City Council Special Meeting Minutes — May 10, 2021
City Administrator
REGULAR MEETING — MONTICELLO CITY COUNCIL
Monday, May 10, 2021— 6:30 p.m.
Mississippi Room, Monticello Community Center
Present: Lloyd Hilgart, Jim Davidson, Charlotte Gabler, Brian Hudgins, and Sam Murdoff
Absent: None
1. General Business
A. Call to Order & Pledge of Allegiance
Mayor Hilgart called the meeting to order at 6:30 p.m.
B. Approval of Agenda
Councilmember Davidson moved approval of the agenda. Councilmember
Gabler seconded the motion. Motion carried unanimously.
C. Approval of Meeting Minutes
• Joint City Council/Planning Commission Meeting Minutes from April 12,
2021
• Special Meeting Minutes from April 26, 2021
• Regular Meeting Minutes from April 26, 2021
Councilmember Gabler moved approval of the three sets of minutes.
Councilmember Murdoff seconded the motion. Motion carried unanimously.
D. Citizen Comments
None.
E. Public Service Announcements
• Reserved Firefighter Informational Meeting will be held Tuesday, May 11,
2021.
• Farmers Market will be open May 27 — September 30, 2021.
• Walk & Roll event is on June 12, 2021, from 9 a.m. until noon.
F. Council Liaison Updates
• IEDC — Councilmember Hudgins noted that the IEDC received a
presentation about the 2020 Census statewide results and discussed
upcoming topics to review in June 2021, including the 2021
Legislative Update.
• Planning Commission — Councilmember Gabler provided an overview
of the meeting held on May 4. The Planning Commission reviewed the
amendment for Nuss Truck & Equipment, an extension of a variance
for side yard setback, and an administrative appeal from Capstone
Homes.
City Council Minutes May 10, 2021 Page 1 1 3
Department Update
• Construction Update — Matt Leonard noted the following construction
updates: Chelsea Road will be closed Monday, May 17 for approximately
two days; 1-94 is in progress.
MontiArts Update — Tom Pawelk previewed the artwork that is going to
be installed on the Monticello Community Center. It will be located near
Door 6, by the Senior Center access.
2. Consent Agenda:
Councilmember Hudgins moved approval of the Consent Agenda. Councilmember
Murdoff seconded the motion. Motion carried unanimously.
A. Consideration of approving the payment of bills. Recommendation: Approved
the bill and purchase card registers for a $629,006.33.
B. Consideration of approving new hires and departures for city departments.
Recommendation: Approved the hire for MCC and the terminations for DMV
and MCC.
C. Consideration of approving the sale/disposal of surplus city property for the
Monticello Community Center. Recommendation: Approved as presented.
D. Consideration of adopting Resolution 2021-31 accepting a donation of $500 from
Cargill for median plantings at Walnut & Broadway and $400 from JK
Amusements for Liquor Store general use. Recommendation: Mayor Hilgart
recognized the donors. Resolution accepting the donations was adopted.
Consideration of adopting Resolution 2021-32 accepting grant funding in the
amount of $19,000 from Central Minnesota Arts Board for MontiArts Creative
Support and for a sculpture at East Bridge Park. Recommendation: Resolution
accepting the grant from the CMAB was adopted.
Consideration of approving an application for a temporary charitable gambling
permit for a raffle to be conducted on September 11, 2021, by the Wright
County Pheasants Forever at River City Extreme, 3875 School Blvd. in
conjunction with their annual membership banquet. Recommendation: The
temporary charitable gambling permit was approved.
G. Consideration of adopting Ordinance 761 approving rezoning to Planned Unit
Development (PUD) and adopting Resolution 2021-33 approving the Final Plat,
Final Stage PUD and Development Agreement for Storage Link, Monticello.
Recommendation: Ordinance 761 rezoning the proposed Lot 1, Block 1,
StorageLink Monticello from B-3 to StorageLink Monticello Planned Unit
Development was approved and Resolution 2021-33 approving the Final Plat
and Final Stage PUD for StorageLink Monticello was adopted.
H. Consideration of adopting Ordinance 760 approving an amendment to Nuss
Truck & Equipment Planned Unit Development for buffer yard landscaping.
Applicant: Nuss Truck and Equipment (Phil Watkins). Recommendation:
City Council Minutes May 10, 2021 Page 2 1 3
Adopted Ordinance 760 approving an amendment to Nuss Truck & Equipment
Planned Unit Development, subject to conditions in Exhibit Z as amended by
the Planning Commission and based on findings in Planning Commission
Resolution 2021-015.
Consideration of authorizing Hentges Land Corp to grade a stormwater swale in
Spirit Hills for $15,700. Recommendation: Approved a contract with Hentges
Land Corp to grade a Stormwater swale in Spirit Hills in the amount of $15,700.
Consideration of approving a temporary waiver of construction activities noise
regulations, City Code 130.09(3) for UMC expansion, Lot 2, Block 1, Monticello
Commerce Center 6t" Addition. Recommendation: Approved a temporary
waiver of noise regulations for the UMC expansion project, Lot 2, Block 1,
Monticello Commerce Center 6t" Addition to permit site -related construction
activity to begin at 6:00 a.m. through September 1, 2021 subject to written
notification to surrounding property owners.
4. Regular Agenda:
5. Adjournment:
By consensus, the meeting was adjourned at 6:40 p.m.
Recorder: Jennifer Schreiber
Approved:
Attest:
City Administrator
City Council Minutes May 10, 2021 Page 3 1 3
City Council Agenda: 05/24/2021
2A. Consideration of approving payment of bills
Prepared by:
Meeting Date:
❑ Regular Agenda Item
Finance Director
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Administrator
ACTION REQUESTED
Motion to approve the bill and purchase card registers for a total amount of $651,854.70.
REFERENCE AND BACKGROUND
City staff submits the attached bill registers and purchasing card registers for approval by
Council. The bill registers contain all invoices processed and the purchasing card registers
contain all card purchases made since the last Council meeting. Subject to MN Statutes, most
invoices require Council approval prior to releasing checks for payment. The day following
Council approval, payments will be released unless directed otherwise. A credit purchasing
agreement and policy was approved by Council initially and card purchases must comply with
the policy.
If Council has no questions or comments on the bill and purchase card registers, these can be
approved with the consent agenda. If requested, this item can be removed from consent and
discussed prior to making a motion for approval.
I. Budget Impact: N/A
II. Staff Workload Impact: No additional work.
III. Comprehensive Plan Impact: N/A
STAFF RECOMMENDED ACTION
City staff recommends approval of bill and purchase card registers as presented.
SUPPORTING DATA
• Bill registers and purchase card registers
Accounts Payable
CITY' OF
Computer Check Proof List by Vendor Moiiii6effo User: Debbie.Davidson
Printed: 05/19/2021 - 12:45PM
Batch: 00203.05.2021 - 203.05.2021 AP
Invoice No Description Amount Payment Date Acct Number Reference
Vendor: 2925 1 ST LINE/LEEWES VENTURES LLC Check Sequence: 1 ACH Enabled: False
138928 Flavored Syrups for Concession (4) 404.75 05/25/2021 226-45125-425410
Check Total: 404.75
Vendor: 5167 3D SPECIALTIES INC. Check Sequence: 2 ACH Enabled: False
221860 (35) 9"x12" digital sign push button 253.56 05/25/2021 101-43120-422600
Check Total: 253.56
Vendor: 5660 ABSOLUTE PRINT GRAPHICS Check Sequence: 3 ACH Enabled: False
56598 UB March Invoices (3618) Print, Fold, Stuff, En 657.14 05/25/2021 601-49440-431800
56598 UB March Invoices (3618) Print, Fold, Stuff, En 657.13 05/25/2021 602-49490-431800
56758 UB April Invoices (3616) Print, Fold, Stuff, Envi 847.78 05/25/2021 601-49440-431800
56758 UB April Invoices (3616) Print, Fold, Stuff, Env, 847.77 05/25/2021 602-49490-431800
56758 Recycling Day Insert (3700) 550.00 05/25/2021 101-41310-443990
56931 UB May Invoices (3616) Print, Fold, Stuff, Enve 656.80 05/25/2021 601-49440-431800
56931 UB May Invoices (3616) Print, Fold, Stuff, Enve 656.79 05/25/2021 602-49490-431800
56931 Walk & Roll Insert (3700) 273.48 05/25/2021 101-45130-444140
Check Total: 5,146.89
Vendor: 5184 ADVANCED GRAPHIX INC. Check Sequence: 4 ACH Enabled: False
206266 2019 F-150- reflective stripes; chevrons; remove 1,070.00 05/25/2021 101-42200-440500
Check Total: 1,070.00
Vendor: 5731 JAMES ALTENDAHL Check Sequence: 5 ACH Enabled: False
5/18/2021 Performance @ Farmers Market 6/10/21 300.00 05/25/2021 226-45127-431990
Check Total: 300.00
Vendor: 1977 ANCOM COMMUNICATIONS INC Check Sequence: 6 ACH Enabled: False
101693 (5) volume knob; (5) channel knob 65.00 05/25/2021 101-42200-422100
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 1
Invoice No Description Amount Payment Date Acct Number Reference
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 2
Check Total:
65.00
Vendor: 5732
BROCKANDREWS
Check Sequence: 7
ACH Enabled: True
5/17/21
2021 boot reimbursement- Fleet Farm - 1/2 Watt
75.00
05/25/2021
601-49440-421990
5/17/21
2021 boot reimbursement- Fleet Farm - 1/2 Sew(
75.00
05/25/2021
602-49490-421990
Check Total:
150.00
Vendor: 3491
ARTISAN BEER COMPANY
Check Sequence: 8
ACH Enabled: False
3473144
resale- beer
236.65
05/25/2021
609-49750-425200
Check Total:
236.65
Vendor: 4502
ARVIG
Check Sequence: 9
ACH Enabled: True
0002697713 003
Managed Services - May 2020
1,145.60
05/25/2021
702-00000-431900
315578
April 2021 FNM expenses - Calix; Border States
11,134.41
05/25/2021
656-49877-422990
5/8/2021
IT Services - May 2021
73.00
05/25/2021
702-00000-431990
Check Total:
12,353.01
Vendor: 1051
BAILEY NURSERIES INC
Check Sequence: 10
ACH Enabled: False
618817
resale -(135) Spring Trees
3,405.50
05/25/2021
101-46102-421990
619404
resale -(175) Spring Trees
5,210.50
05/25/2021
101-46102-421990
Check Total:
8,616.00
Vendor: 5727
LUCAS JAMES BAKKEN
Check Sequence: 11
ACH Enabled: False
5/17/2021
Performance @ Farmer's Market 5/27/21
100.00
05/25/2021
226-45127-431990
Check Total:
100.00
Vendor: 1062
BEAUDRY OIL COMPANY
Check Sequence: 12
ACH Enabled: True
1824519
(42.30) gal. ultrapure def
111.33
05/25/2021
101-43120-421200
Check Total:
111.33
Vendor: 1065
BELLBOY CORPORATION
Check Sequence: 13
ACH Enabled: True
103203300
freight
2.55
05/25/2021
609-49750-433300
103203300
resale- mix
125.00
05/25/2021
609-49750-425400
103203300
resale- juice
120.60
05/25/2021
609-49750-425500
103203300
asst. bags
310.25
05/25/2021
609-49754-421990
89146700
resale- wine
176.00
05/25/2021
609-49750-425300
89146700
resale- liquor
11,853.83
05/25/2021
609-49750-425100
89146700
freight
130.98
05/25/2021
609-49750-433300
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 2
Invoice No Description Amount Payment Date Acct Number Reference
89208300
freight credit inv.# 89146700
-3.10
05/25/2021
609-49750-433300
89208300
resale - liquor credit inv. # 89146700
-352.00
05/25/2021
609-49750-425100
89256200
resale -liquor
8,485.47
05/25/2021
609-49750-425100
89256200
resale- wine
188.00
05/25/2021
609-49750-425300
89256200
freight
84.61
05/25/2021
609-49750-433300
89278200
resale -liquor
272.00
05/25/2021
609-49750-425100
89335600
resale -liquor
2,806.05
05/25/2021
609-49750-425100
89335600
freight
32.81
05/25/2021
609-49750-433300
89343800
resale -liquor
267.00
05/25/2021
609-49750-425100
Check Total:
24,500.05
Vendor: 1067
BERNICK'S
Check Sequence: 14
ACH Enabled: False
208038
resale - soda pop
45.48
05/25/2021
609-49750-425400
208039
resale - beer n/a
182.50
05/25/2021
609-49750-425400
208039
resale - beer
3,002.10
05/25/2021
609-49750-425200
210409
resale - soda pop
201.32
05/25/2021
609-49750-425400
210411
resale - beer credit breakage
-24.00
05/25/2021
609-49750-425200
Check Total:
3,407.40
Vendor: 1074
BOLTON AND MENK INC
Check Sequence: 15
ACH Enabled: False
0267946
200002 CONSTR - 2020 Stonnwater improvem
11,856.50
05/25/2021
652-00000-165010
Check Total:
11,856.50
Vendor: 5730
BOURGET IMPORTS, LLC
Check Sequence: 16
ACH Enabled: True
177352
resale- wine
616.00
05/25/2021
609-49750-425300
177352
freight
12.50
05/25/2021
609-49750-433300
Check Total:
628.50
Vendor: 4328
BREAKTHRU BEVERAGE MN WINE & SPIF
Check Sequence: 17
ACH Enabled: False
339408129
resale -liquor
4,590.13
05/25/2021
609-49750-425100
339408129
resale - mix
94.35
05/25/2021
609-49750-425400
339408129
freight
55.00
05/25/2021
609-49750-433300
Check Total:
4,739.48
Vendor: 2784
BUELL CONSULTING
Check Sequence: 18
ACH Enabled: False
5/6/2021
ZVERI - Escrow Refund
5,315.00
05/25/2021
101-00000-220110
Check Total:
5,315.00
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 3
Invoice No Description Amount Payment Date Acct Number Reference
Vendor: 1091
CAMPBELL KNUTSON PA
Check Sequence: 19
ACH Enabled: True
2348-OOOIG 138
Code Enforcement Services - April 2021
81.60
05/25/2021
101-42400-430400
2348-0155G 29
16C006 - Bluffs in Monticello Assessment Appe
64.00
05/25/2021
400-43300-430400
2348-0157G 6
202107 - Groveland 5th Addition/StorageLink - .
18.00
05/25/2021
101-00000-220110
2348-0173G 4
21D003 - Nuss Truck & Equipment Addition - A
440.00
05/25/2021
101-00000-220110
2348-0174G 1
202107 - StorageLink Plat - April 2021
226.60
05/25/2021
101-00000-220110
2348-0175G 1
202109 - Haven Ridge 2nd Addition Plat - April
179.40
05/25/2021
101-00000-220110
2348-0176G 1
202104 - CorTrust Bank Plat - April 2021
28.60
05/25/2021
101-41910-431990
Check Total:
1,038.20
Vendor: 4646
CAPITOL BEVERAGE SALES L.P.
Check Sequence: 20
ACH Enabled: True
14710278
resale- mix credit
-49.50
05/25/2021
609-49750-425400
2544623
resale- beer
19,207.27
05/25/2021
609-49750-425200
2544623
resale- juice
119.94
05/25/2021
609-49750-425500
2544623
resale- beer n/a
189.65
05/25/2021
609-49750-425400
2544623
resale- liquor
192.00
05/25/2021
609-49750-425100
Check Total:
19,659.36
Vendor: 1106
CENTRAL MCGOWAN INC
Check Sequence: 21
ACH Enabled: True
00452916
Bulk Carbon Dioxide (582 lbs)
157.49
05/25/2021
226-45124-421600
Check Total:
157.49
Vendor: 1129
DAHLHEIMER BEVERAGE LLC
Check Sequence: 22
ACH Enabled: True
1389902
resale - beer credit
-54.00
05/25/2021
609-49750-425200
1389978
resale - beer
26,455.45
05/25/2021
609-49750-425200
1389978
resale - beer n/a
274.00
05/25/2021
609-49750-425400
1391983
resale - beer
7,057.02
05/25/2021
609-49750-425200
1392085
resale - beer credit
-216.23
05/25/2021
609-49750-425200
1393976
resale - beer
1,103.15
05/25/2021
609-49750-425200
1394136
resale - beer
28,773.45
05/25/2021
609-49750-425200
1394136
resale - beer n/a
57.80
05/25/2021
609-49750-425400
1394185
resale - beer
1,091.00
05/25/2021
609-49750-425200
1395568
resale - beer credit
-58.58
05/25/2021
609-49750-425200
1395676
resale - beer
8,255.13
05/25/2021
609-49750-425200
1395676
resale - beer n/a
28.90
05/25/2021
609-49750-425400
1395748
resale - beer
230.00
05/25/2021
609-49750-425200
Check Total:
72,997.09
Vendor: 5105
DELL MARKETING LP
Check Sequence: 23
ACH Enabled: False
10486093463
PowerEdge T440 Server
6,184.45
05/25/2021
702-00000-424100
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 4
Invoice No Description Amount Payment Date Acct Number Reference
Check Total: 6,184.45
Vendor: 5201 DICK FAMILY, INC. Check Sequence: 24
1158791 resale - beer 884.40 05/25/2021 609-49750-425200
1158791 resale - beer n/a 24.00 05/25/2021 609-49750-425400
Check Total: 908.40
Vendor: 5340 DISGRUNTLED BREWING DISGRUNTLED Check Sequence: 25
1568 resale- beer 193.60 05/25/2021 609-49750-425200
1605 resale- beer 192.00 05/25/2021 609-49750-425200
ACH Enabled: True
ACH Enabled: False
ACH Enabled: False
ACH Enabled: True
ACH Enabled: False
ACH Enabled: True
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 5
Check Total:
385.60
Vendor: 3648
DJ'S COMPANIES INC
Check Sequence: 26
5/17/2021
19D005 - Escrow Refund
2,300.00
05/25/2021
101-00000-220110
Check Total:
2,300.00
Vendor: 1793
E.A.T.I. EMERGENCY AUTOMOTIVE TECH
Check Sequence: 27
OAK20184
Command Vehicle- installs to new truck- Fire
11,537.55
05/25/2021
703-00000-165010
OAK20184A
Command Vehicle- installs- antenna plus cellula]
375.67
05/25/2021
703-00000-165010
Check Total:
11,913.22
Vendor: 2561
FERGUSON WATERWORKS #2516
Check Sequence: 28
471487-1
resale- 2 T/F cmpd meter p/c R900I v4 usg pit
2,039.39
05/25/2021
601-49440-422710
472702
resale- (4) LF1 T10 meter p/c R900I usg
1,504.36
05/25/2021
601-49440-422710
Check Total:
3,543.75
Vendor: 2273
FIBERNET MONTICELLO - ACH
Check Sequence: 29
5/8/2021
May 2020 - Phone - City Hall
736.34
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - MCC
590.95
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Ballfields
20.30
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - DMV
308.71
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Hi Way Liquor
359.89
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Fire Hall
453.44
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Public Works
301.93
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Parks
116.34
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Prairie Center
13.40
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Phone - Sheriff
71.28
05/25/2021
702-00000-432100
5/8/2021
May 2020 - Internet - City Hall
248.90
05/25/2021
702-00000-432300
ACH Enabled: True
ACH Enabled: False
ACH Enabled: False
ACH Enabled: True
ACH Enabled: False
ACH Enabled: True
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 5
Invoice No Description Amount Payment Date Acct Number Reference
5/8/2021
May 2020 - Internet - MCC
10.00
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Ballfields
10.00
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - DMV
43.95
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Hi Way Liquor
43.95
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Fire Hall
168.90
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Animal Shelter
31.95
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Public Works
43.95
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - Sheriff
43.95
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Internet - MCC @ Prairie Center
-19.54
05/25/2021
702-00000-432300
5/8/2021
May 2020 - Cable @ Fire Hall
110.85
05/25/2021
101-42200-431990
5/8/2021
May 2020 - Cable @ MCC
185.85
05/25/2021
226-45127-432500
5/8/2021
May 2020 - Data Hosting
500.00
05/25/2021
702-00000-431900
5/8/2021
May 2020 - Service Contract
250.00
05/25/2021
702-00000-431900
5/8/2021
May 2020 - Phone & Internet - Monti Arts
82.57
05/25/2021
101-45204-431990
Check Total:
4,727.86
Vendor:
5053
CAROLYN GRANGER
Check Sequence: 30
ACH Enabled: True
5/18/2021
Reimbursement - Postage for DMV Mailings
13.80
05/25/2021
653-41990-432200
Check Total:
13.80
Vendor:
1223
HAWKINS INC
Check Sequence: 31
ACH Enabled: True
4928236
Polymer - Aqua Hawk - WWTP
4,834.08
05/25/2021
602-49480-421990
4939236
Pool Chemicals
819.23
05/25/2021
226-45124-421600
Check Total:
5,653.31
Vendor:
4650
JASEN HOGLUND
Check Sequence: 32
ACH Enabled: False
01517
(10) custom lettering - Parks signs
235.00
05/25/2021
101-45201-421990
Check Total:
235.00
Vendor:
1642
HUSKY SPRING
Check Sequence: 33
ACH Enabled: False
S2-1596967
#302- hvy. duty spring; leaf spring; (4) ubolt kit-
356.64
05/25/2021
601-49440-422990
S2-1596967
#302- hvy. duty spring; leaf spring; (4) ubolt kit-
356.64
05/25/2021
602-49490-422990
Check Total:
713.28
Vendor:
5491
IMAGETREND, INC.
Check Sequence: 34
ACH Enabled: False
128435
mobile fire inspection license support- 2021
231.75
05/25/2021
702-00000-431900
Check Total: 231.75
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 6
Invoice No Description Amount Payment Date Acct Number Reference
Vendor:
3356
INDIAN ISLAND WINERY
Check Sequence: 35
ACH Enabled: False
3718
resale- wine
249.60
05/25/2021
609-49750-425300
Check Total:
249.60
Vendor:
3369
JAKE'S EXCAVATING INC
Check Sequence: 36
ACH Enabled: True
4588
4/17/21- Saville
450.00
05/25/2021
215-49010-431150
Check Total:
450.00
Vendor:
1245
JLA INDUSTRIAL EQUIPMENT
Check Sequence: 37
ACH Enabled: False
MO70279
dba- HotsyMN- truck/equip. wash bulk; l Ow40;
737.39
05/25/2021
101-43127-440100
Check Total:
737.39
Vendor:
1263
JOHNSON BROTHERS LIQUOR CO.
Check Sequence: 38
ACH Enabled: False
1793528
resale- liquor
4,248.30
05/25/2021
609-49750-425100
1793528
freight
35.03
05/25/2021
609-49750-433300
1793529
resale- wine
1,797.32
05/25/2021
609-49750-425300
1793529
resale- wine n/a
72.00
05/25/2021
609-49750-425400
1793529
freight
49.92
05/25/2021
609-49750-433300
1794190
resale - liquor
3,074.98
05/25/2021
609-49750-425100
1794190
freight
32.25
05/25/2021
609-49750-433300
1794191
freight
11.55
05/25/2021
609-49750-433300
1794191
resale - wine
603.85
05/25/2021
609-49750-425300
1794192
resale - beer
63.00
05/25/2021
609-49750-425200
1796242
resale - liquor
6,989.10
05/25/2021
609-49750-425100
1796242
freight
102.81
05/25/2021
609-49750-433300
1797034
freight
14.65
05/25/2021
609-49750-433300
1797034
resale- liquor
3,385.17
05/25/2021
609-49750-425100
1798243
freight
58.11
05/25/2021
609-49750-433300
1798243
resale - mix
60.00
05/25/2021
609-49750-425400
1798243
resale - wine
2,049.50
05/25/2021
609-49750-425300
1799558
freight
41.47
05/25/2021
609-49750-433300
1799558
resale - liquor
3,472.78
05/25/2021
609-49750-425100
1799808
resale - wine
23.23
05/25/2021
609-49750-425300
1802050
resale - liquor
7,945.39
05/25/2021
609-49750-425100
1802050
freight
97.12
05/25/2021
609-49750-433300
Check Total:
34,227.53
Vendor:
1273
KIWI KAI IMPORTS, INC.
Check Sequence: 39
ACH Enabled: False
127042
resale- wine
1,184.50
05/25/2021
609-49750-425300
127042
freight
15.00
05/25/2021
609-49750-433300
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 7
Invoice No Description Amount Payment Date Acct Number Reference
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 8
Check Total:
1,199.50
Vendor:
3829
STEVE LANGANKI
Check Sequence: 40
ACH Enabled: True
1373
porta toilet rental - 4/3-30/2021
1,689.89
05/25/2021
101-45201-431901
Check Total:
1,689.89
Vendor:
5728
JOAN LARSON
Check Sequence: 41
ACH Enabled: False
5/12/2021
Refund - Community Garden Plot
30.00
05/25/2021
101-45201-349990
Check Total:
30.00
Vendor:
4455
HALLIE LEFFINGWELL
Check Sequence: 42
ACH Enabled: True
CMAB 5/12/21
CMAB Grant Project- final payment
3,500.00
05/25/2021
101-45204-431990
Check Total:
3,500.00
Vendor:
5642
LOONEY BIN BREWING, LLC
Check Sequence: 43
ACH Enabled: False
2553
resale- beer
290.00
05/25/2021
609-49750-425200
Check Total:
290.00
Vendor:
4456
LUPULIN BREWING LLC
Check Sequence: 44
ACH Enabled: True
36812
resale- beer
203.35
05/25/2021
609-49750-425200
8378
resale- beer credit
-53.13
05/25/2021
609-49750-425200
Check Total:
150.22
Vendor:
3745
MANSFIELD OIL COMPANY
Check Sequence: 45
ACH Enabled: True
22351986
(589) gal. unleaded @ $2.49
1,464.40
05/25/2021
101-43120-421200
22351987
(120) gal. diesel@ $2.67
320.61
05/25/2021
101-43120-421200
22366310
(494) gal. these 1@ $3.01
1,487.74
05/25/2021
101-43120-421200
Check Total:
3,272.75
Vendor:
1726
MARCO TECHNOLOGIES
Check Sequence: 46
ACH Enabled: False
INV8716378
5/3 Inbound Emails Not Working
37.50
05/25/2021
702-00000-431990
Check Total:
37.50
Vendor:
1341
MMKR
Check Sequence: 47
ACH Enabled: True
50389
Progress Billing - Audit Services thru 4/30/21
13,500.00
05/25/2021
101-41540-430100
Check Total:
13,500.00
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 8
Invoice No Description Amount Payment Date Acct Number Reference
Vendor:
1370
MONTICELLO DEPUTY REG #002
Check Sequence: 48
ACH Enabled: False
5/18/2021
Refund DMV for Overpayment of Fees in Marcl
27,747.01
05/25/2021
653-41990-341060
Check Total:
27,747.01
Vendor:
2512
MONTICELLO PLBG HTG AC LLC
Check Sequence: 49
ACH Enabled: False
22725
Labor - Install NewToilets (Library)
1,625.00
05/25/2021
101-45501-440100
22725
Permit Fee
100.55
05/25/2021
101-45501-440100
22725
Labor - Install Water SoBner (Library)
1,150.00
05/25/2021
101-45501-440100
22727
Labor - Install Water Heater (MCC)
9,750.00
05/25/2021
226-45126-440100
Check Total:
12,625.55
Vendor:
1377
MONTICELLO SENIOR CENTER
Check Sequence: 50
ACH Enabled: True
May 2021
Monthly Allocation - May 2021
5,416.67
05/25/2021
101-45175-444310
Check Total:
5,416.67
Vendor:
5586
MOOSE LAKE BREWING CO.
Check Sequence: 51
ACH Enabled: True
53-0004
resale- beer
216.00
05/25/2021
609-49750-425200
Check Total:
216.00
Vendor:
5160
MOTOROLA SOLUTIONS, INC.
Check Sequence: 52
ACH Enabled: False
8281171754
(2) model 2.5 portable; baud trunking; smarkzon
7,800.00
05/25/2021
101-42500-421990
8281171754
(2) model 2.5 portable; baud trunking; smarkzon
1,442.00
05/25/2021
101-42200-421990
Check Total:
9,242.00
Vendor:
1390
MTI DISTRIBUTING INC
Check Sequence: 53
ACH Enabled: True
1300087-00
(2) guide -hose; (2) v -belt
297.93
05/25/2021
101-45201-422990
Check Total:
297.93
Vendor:
1913
NEW FRANCE WINE
Check Sequence: 54
ACH Enabled: False
173087
resale- wine
857.50
05/25/2021
609-49750-425300
Check Total:
857.50
Vendor:
1401
NORTHWEST ASSOCIATED CONSULTANTS
Check Sequence: 55
ACH Enabled: True
25277
April 2021 -Technical Assistance City Projects
3,546.45
05/25/2021
101-41910-431990
25278
202110 - G Cubed Townhome PUD Concept - A
1,317.20
05/25/2021
101-00000-220110
25278
202117 - NUSS PUD Amendment - April 2021
890.00
05/25/2021
101-00000-220110
25279
April 2021 - Technical Assistance - Meetings
150.00
05/25/2021
101-41910-431990
25280
202041 - Chelsea Common Small Area Study -
6,346.70
05/25/2021
101-41910-431990
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 9
Invoice No Description Amount Payment Date Acct Number Reference
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 10
Check Total:
12,250.35
Vendor:
5426
NOVEL SOLAR TWO LLC
Check Sequence: 56
ACH Enabled: True
2741
Solar Rebate Program - Xcel Energy
25,778.18
05/25/2021
101-41310-443992
Check Total:
25,778.18
Vendor:
1417
OSC OXYGEN SERVICE COMPANY
Check Sequence: 57
ACH Enabled: True
8438088
repair torch w/ tip
158.50
05/25/2021
101-43127-440440
Check Total:
158.50
Vendor:
1427
PHILLIPS WINE & SPIRITS CO
Check Sequence: 58
ACH Enabled: False
6198557
resale -liquor
822.50
05/25/2021
609-49750-425100
6198557
freight
10.43
05/25/2021
609-49750-433300
6199123
freight
33.53
05/25/2021
609-49750-433300
6199123
resale- liquor
2,998.10
05/25/2021
609-49750-425100
6199124
resale -liquor
152.00
05/25/2021
609-49750-425100
6199124
resale- wine
1,264.06
05/25/2021
609-49750-425300
6199124
freight
43.22
05/25/2021
609-49750-433300
6202231
freight
25.33
05/25/2021
609-49750-433300
6202231
resale- liquor
1,245.30
05/25/2021
609-49750-425100
6203266
freight
37.79
05/25/2021
609-49750-433300
6203266
resale- liquor
3,284.02
05/25/2021
609-49750-425100
6203267
resale -liquor
49.92
05/25/2021
609-49750-425100
6203267
freight
1.49
05/25/2021
609-49750-433300
6205187
freight
4.47
05/25/2021
609-49750-433300
6205187
resale- liquor
544.00
05/25/2021
609-49750-425100
6205188
resale- wine
980.95
05/25/2021
609-49750-425300
6205188
freight
21.61
05/25/2021
609-49750-433300
Check Total:
11,518.72
Vendor:
1430
PIONEER MANUFACTURING CO
Check Sequence: 59
ACH Enabled: False
788597
acct. # CI7106 - brite striper 7000 spray tip 419
48.00
05/25/2021
101-45201-422990
Check Total:
48.00
Vendor:
5733
RJ RYAN CONSTRUCTION
Check Sequence: 60
ACH Enabled: False
5/19/2021
202105 - Escrow Refund CUP & Variance
4,642.30
05/25/2021
101-00000-220110
Check Total:
4,642.30
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 10
Invoice No Description Amount Payment Date Acct Number Reference
Vendor:
1470
RUSSELL SECURITY RESOURCE INC
Check Sequence: 61
ACH Enabled: True
A39556
troubleshoot main entry- exterior vestibule- latck
80.00
05/25/2021
101-42200-440100
A39561
Install Lock on Academy Room Door; Grade 11
250.00
05/25/2021
101-41940-440100
Check Total:
330.00
Vendor:
5523
RUSTECH BREWING COMPANY, LLC
Check Sequence: 62
ACH Enabled: True
1066
resale- beer
430.00
05/25/2021
609-49750-425200
Check Total:
430.00
Vendor:
4660
SAFE -FAST, INC
Check Sequence: 63
ACH Enabled: True
245728
(7) Class 3 hooded sweatshirt; (12) class 2 vest
352.05
05/25/2021
101-45201-421990
Check Total:
352.05
Vendor:
4148
SHERWIN WILLIAMS CO. #3442
Check Sequence: 64
ACH Enabled: False
3301-4
(30) 5 gal. sstripe br white; (6) highway white
440.28
05/25/2021
101-45203-421990
7566-1
Blue Tape, 3 Gallons Paint for FiberNet Relocati
143.43
05/25/2021
656-49870-443990
Check Total:
583.71
Vendor:
5211
RANDI ANN SMELSER
Check Sequence: 65
ACH Enabled: False
4/30/2021
Reimbursement - Supplies - Cleaning Supplies, (
78.97
05/25/2021
101-42700-421990
May 2nd
Semi Monthly Contract Payment
1,622.50
05/25/2021
101-42700-431200
Check Total:
1,701.47
Vendor:
5210
ADAM SMIGLEWSKI
Check Sequence: 66
ACH Enabled: True
5/11/2021
Referee Mens Spring Hockey (5 Games)
350.00
05/25/2021
226-45127-431990
Check Total:
350.00
Vendor:
3309
SOUTHERN GLAZER'S WINE AND SPIRITS,
Check Sequence: 67
ACH Enabled: False
2076911
freight
37.93
05/25/2021
609-49750-433300
2076911
resale- liquor
3,435.56
05/25/2021
609-49750-425100
2076912
resale - wine
1,491.11
05/25/2021
609-49750-425300
2076912
freight
33.60
05/25/2021
609-49750-433300
2079584
resale - liquor
2,074.73
05/25/2021
609-49750-425100
2079584
freight
22.75
05/25/2021
609-49750-433300
2079585
freight
32.20
05/25/2021
609-49750-433300
2079585
resale - wine
1,523.92
05/25/2021
609-49750-425300
Check Total:
8,651.80
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 11
Invoice No Description Amount Payment Date Acct Number Reference
Vendor: 4874
SPLASH SCHOOL LLC
Check Sequence: 68
ACH Enabled: False
4659
Life Guard Training & Refresher Courses (10)
1,860.00
05/25/2021
226-45124-431990
Check Total:
1,860.00
Vendor: 4006
SUMMIT FIRE PROTECTION
Check Sequence: 69
ACH Enabled: False
150001487
(2) inspect extinguishers; serv. call - Fire
225.00
05/25/2021
101-43120-440440
Check Total:
225.00
Vendor: 1518
TDS TELECOM
Check Sequence: 70
ACH Enabled: True
763-271-3257
TDS
102.41
05/25/2021
702-00000-432100
763-295-0078
TDS - Fire
160.91
05/25/2021
702-00000-432100
763-295-2005
TDS
20.39
05/25/2021
702-00000-432100
763-295-3714
TDS
344.75
05/25/2021
702-00000-432100
Check Total:
628.46
Vendor: 5729
TENCO HYDRO INC
Check Sequence: 71
ACH Enabled: False
14940
21C003-WWTPUpgrades: Scraper Arm Assem
15,032.50
05/25/2021
602-00000-165010
Check Total:
15,032.50
Vendor: 5422
TERMINLY INTERNATIONAL COMPANY LI
Check Sequence: 72
ACH Enabled: False
159222
Pest Control - Mice - Prairie Center
55.00
05/25/2021
101-41941-431990
159243
Pest Control - Ants - MCC
85.00
05/25/2021
226-45126-431990
159244
Pest Control - Ants - DMV
40.00
05/25/2021
653-41990-431990
159245
Pest Control - Ants - Library
55.00
05/25/2021
101-45501-431990
159246
Pest Control - Hi -Way Liquor
64.06
05/25/2021
609-49754-431990
Check Total:
299.06
Vendor: 4859
TRIO SUPPLY COMPANY
Check Sequence: 73
ACH Enabled: False
676758
hot bev. cups; paper plates; (3) cs. roll towels;
212.23
05/25/2021
101-43127-421990
Check Total:
212.23
Vendor: 3783
ULINE
Check Sequence: 74
ACH Enabled: False
133525499
24 pk. paper towels; cable ties; broom
154.22
05/25/2021
609-49754-421990
Check Total:
154.22
Vendor: 1544
US POSTAL SERVICE
Check Sequence: 75
ACH Enabled: False
5/10/2021
PI42 - Increase Balance for UB Billings (1/2)
1,250.00
05/25/2021
601-00000-155010
5/10/2021
PI42 - Increase Balance for UB Billings (1/2)
1,250.00
05/25/2021
602-00000-155010
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 12
Invoice No Description Amount Payment Date Acct Number Reference
5/7/2021
PI42 - UB May Billing (3616 pcs) (1/2)
831.68
05/25/2021
601-49440-432200
5/7/2021
PI42 - UB May Billing (3616 pcs) (1/2)
831.68
05/25/2021
602-49490-432200
Check Total:
4,163.36
Vendor:
4774
SALLY VANBROCKLIN
Check Sequence: 76
ACH Enabled: False
5/17/2021
Performance @ Farmers Market 6/3/21
200.00
05/25/2021
226-45127-431990
Check Total:
200.00
Vendor:
1550
VEOLIA WATER N AM OPERATING SERV L.
Check Sequence: 77
ACH Enabled: True
90282518
June 2021 - WWTP Operations & Maintenance
62,559.50
05/25/2021
602-49480-430800
Check Total:
62,559.50
Vendor:
1552
VIKING COCA COLA BOTTLING CO
Check Sequence: 78
ACH Enabled: True
2692883
resale- soda pop
321.20
05/25/2021
609-49750-425400
2692994
resale- soda pop
453.20
05/25/2021
609-49750-425400
Check Total:
774.40
Vendor:
1684
VINOCOPIA
Check Sequence: 79
ACH Enabled: True
278511
resale- liquor
72.00
05/25/2021
609-49750-425100
278511
freight
2.50
05/25/2021
609-49750-433300
278512
freight
2.50
05/25/2021
609-49750-433300
278512
resale- liquor
90.00
05/25/2021
609-49750-425100
278985
resale- liquor
72.00
05/25/2021
609-49750-425100
278985
resale- wine
93.00
05/25/2021
609-49750-425300
Check Total:
332.00
Vendor:
1561
WATER LABORATORIES INC
Check Sequence: 80
ACH Enabled: False
8497
April 2021 Water Testing
289.00
05/25/2021
601-49440-431990
Check Total:
289.00
Vendor:
1567
WES OLSON ELECTRIC LLC
Check Sequence: 81
ACH Enabled: False
10056
labor - add extra receptacle new Parks bldg.
585.00
05/25/2021
101-45201-440100
10056
parts- add extra receptacle new Parks bldg.
301.79
05/25/2021
101-45201-440100
Check Total:
886.79
Vendor:
4798
WIN DEVELOPMENT LLC
Check Sequence: 82
ACH Enabled: False
5/6/2021
ZUNION - Escrow Refund for Landscaping
300.00
05/25/2021
101-00000-220110
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 13
Invoice No Description Amount Payment Date Acct Number Reference
The preceding list of bills payable was reviewed and approved for payment.
Date: 5/24/2021 Approved by
Mayor Lloyd Hilgart
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 14
Check Total:
300.00
Vendor:
1573
WINE MERCHANTS INC
Check Sequence: 83
ACH Enabled: False
7328211
resale - wine
1,206.00
05/25/2021
609-49750-425300
7328211
freight
8.94
05/25/2021
609-49750-433300
7329339
resale- wine
620.00
05/25/2021
609-49750-425300
7329339
freight
10.43
05/25/2021
609-49750-433300
Check Total:
1,845.37
Vendor:
1577
WRIGHT CO AUDITOR-TREAS - ACH
Check Sequence: 84
ACH Enabled: True
5/12/2021
Court Fines & Fees - April 2021
3,644.64
05/25/2021
101-42100-430410
Check Total:
3,644.64
Vendor:
1581
WRIGHT CO RECORDER
Check Sequence: 85
ACH Enabled: False
202100000021
202103 - CUP A# 1466982
46.00
05/25/2021
101-41910-430400
Check Total:
46.00
Vendor:
5520
ZIP'S DIESEL SERVICE
Check Sequence: 86
ACH Enabled: False
z139875
starter for black top paver; core deposit refund tc
268.66
05/25/2021
101-43120-422100
Check Total:
268.66
Total for Check Run:
486,169.99
Total of Number of Checks:
86
The preceding list of bills payable was reviewed and approved for payment.
Date: 5/24/2021 Approved by
Mayor Lloyd Hilgart
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:45 PM) Page 14
Accounts Payable
Computer Check Proof List by Vendor
User: Debbie.Davidson
Printed: 05/19/2021 - 12:19PM
Batch: 00201.05.2021 - 201.05.2021 USB
Invoice No Description
Moiiii6effo Y
Amount Payment Date Acct Number Reference
Vendor:
4263
CAYAN
Check Sequence: 1
ACH Enabled: True
1818126
April 2021 (15,155) transactions
1,627.34
05/15/2021
609-49754-443980
1818126
April 2021 (3) machine rental
128.62
05/15/2021
609-49754-424100
Check Total:
1,755.96
Vendor:
5188
HEALTHY CONTRIBUTIONS
Check Sequence: 2
ACH Enabled: True
5/18/2021
AARP Supplement/At Your Best
8.80
05/15/2021
226-45122-430900
Check Total:
8.80
Vendor:
1592
IRS
Check Sequence: 3
ACH Enabled: True
5/10/2021
Q2 2020 Employer FICA/COVID ESL Due
155.38
05/15/2021
101-41520-443990
5/10/2021
Q2 2020 Employer FICA/COVID ESL Due - Int
3.90
05/15/2021
101-41520-443990
Check Total:
159.28
Vendor:
5415
MII LIFE INSURANCE INC
Check Sequence: 4
ACH Enabled: True
39814169
FSA -Medical
40.00
05/15/2021
101-00000-217300
39814169
FSA- Dependent Care
497.86
05/15/2021
101-00000-217200
39817636
FSA -Medical
667.13
05/15/2021
101-00000-217300
Check Total:
1,204.99
Vendor:
5147
MN PEIP
Check Sequence: 5
ACH Enabled: True
1087926
Health Insurance - June 2021
40,881.15
05/15/2021
101-00000-217061
Check Total:
40,881.15
Vendor:
4732
MONEY MOVERS, INC.
Check Sequence: 6
ACH Enabled: True
138842
Fitness Rewards - April 2021
13.00
05/15/2021
226-45122-430900
Check Total:
13.00
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 1
Invoice No Description Amount Payment Date Acct Number Reference
Vendor: 1426
CITY OF MONTICELLO
Check Sequence: 7
UB Mar 2021
8631 - Animal Shelter
47.93
05/15/2021
101-42700-438200
UB Mar 2021
5026 - Ellison Park
16.97
05/15/2021
101-45201-438200
UB Mar 2021
8905 - PW Office
16.97
05/15/2021
101-43127-438200
UB Mar 2021
8119 - 303 6th St - Parks new
53.93
05/15/2021
101-45201-438200
UB Mar 2021
7224 - WWTP
1,305.83
05/15/2021
602-49480-438200
UB Mar 2021
7256-004 - 130 Brdwy- Stormwtr
19.25
05/15/2021
213-46301-438200
UB Mar 2021
8086 - 4th St. Warming House
16.97
05/15/2021
101-45201-438200
UB Mar 2021
8177 - Library
101.93
05/15/2021
101-45501-438200
UB Mar 2021
8117 - MCC
739.09
05/15/2021
226-45126-438200
UB Mar 2021
8622 - Pioneer Park bathroom
16.97
05/15/2021
101-45201-438200
UB Mar 2021
10128 - Prairie Cntr. Bldg.
38.47
05/15/2021
101-41941-438200
UB Mar 2021
15291 - Commuter Lot- Stormwtr
40.25
05/15/2021
101-43120-438200
UB Mar 2021
7885 - DMV/Food Shelf
47.93
05/15/2021
653-41990-438200
UB Mar 2021
15292 - Dwntwn Parking-Strmwtr
19.25
05/15/2021
101-43120-438200
UB Mar 2021
7256-007 - 103 Pine St- EDA
37.97
05/15/2021
213-46301-438200
UB Mar 2021
8903 - PW Shop/Clerical
527.50
05/15/2021
101-43127-438200
UB Mar 2021
8120 - Bldg. Inspec. Garage
41.94
05/15/2021
101-41940-438200
UB Mar 2021
7256-008 - 112 River St. W EDA
37.97
05/15/2021
213-46301-438200
UB Mar 2021
5250 - Bridge Park W
26.93
05/15/2021
101-45201-438200
UB Mar 2021
8904 - PW Vehicle Storage
13.25
05/15/2021
101-43127-438200
UB Mar 2021
5637 - Meadow Oak Dog Park
6.87
05/15/2021
101-45201-438200
UB Mar 2021
7256-003 - MontiArts
37.97
05/15/2021
101-45204-438200
UB Mar 2021
8114 - Hi -Way Liquors
73.08
05/15/2021
609-49754-438200
UB Mar 2021
15640 - 103 Chelsea Rd- Fire
73.71
05/15/2021
101-42200-438200
UB Mar 2021
7256-0010 - 101 Broadway W
37.97
05/15/2021
101-45204-438200
UB Mar 2021
7256-0011 107 Broadway W -Monti Arts
37.97
05/15/2021
101-45204-438200
Check Total:
3,434.87
Vendor: 2811
US BANK CORPORATE PMT SYSTEM
Check Sequence: 8
05/06/2021
Ausco - (25) Richardson Baseball Hats
300.00
05/15/2021
101-45201-421990
05/06/2021
Grainger - ADA compliant steel door; steel partii
222.00
05/15/2021
101-45201-422990
05/06/2021
Delegard Tools - tire/wheel dolly
70.33
05/15/2021
101-43127-421990
05/06/2021
Kwik Trip - (3.735) gal. prem. @ $3.459
13.26
05/15/2021
101-45201-421200
05/06/2021
Runnings - wash machine hose; valve
25.98
05/15/2021
101-45201-421990
05/06/2021
Monti Napa- dynatron (to be returned next batch
193.22
05/15/2021
101-45201-422990
05/06/2021
Royal Tire - (4) tire repair
115.30
05/15/2021
101-42200-440500
05/06/2021
Pioneer Athletics - #241 hydraulic pump
1,695.50
05/15/2021
101-45201-422990
05/06/2021
Runnings - grinder lag; (4) grinding wheel
235.55
05/15/2021
101-43127-421990
05/06/2021
Grainger - front floor vinyl liner - 1/2 Water
64.66
05/15/2021
601-49440-421990
05/06/2021
Grainger - front floor vinyl liner - 1/2 Sewer
64.66
05/15/2021
602-49490-421990
05/06/2021
Amazon - COVID - Plexiglass Guards (4)
697.99
05/15/2021
653-41990-421990
ACH Enabled: True
ACH Enabled: True
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 2
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
Amazon - Steno Pads, Plastic Dividers
19.49
05/15/2021
101-41310-421990
05/06/2021
Amazon - Laminating Sheets
67.98
05/15/2021
226-45122-421990
05/06/2021
Amazon - Ergonomic Office Chair
171.50
05/15/2021
101-41310-443990
05/06/2021
Amazon - Labels
19.98
05/15/2021
226-45122-421990
05/06/2021
Amazon - Paper Masks (500) COVID
49.95
05/15/2021
101-41310-421990
05/06/2021
Amazon - Tea & Coffee
48.43
05/15/2021
101-41310-421990
05/06/2021
AST Sports - Polar Plunge T Shirts (10)
313.00
05/15/2021
101-41800-443990
05/06/2021
Dacotah Paper - Cleaning Supplies (PC)
104.37
05/15/2021
101-41941-421990
05/06/2021
Dacotah Paper - Cleaning Supplies (MCC)
824.96
05/15/2021
226-45126-421990
05/06/2021
Dacotah Paper - Cleaning Supplies (Library)
173.02
05/15/2021
101-45501-421990
05/06/2021
Dacotah Paper - Cleaning Supplies (MCC)
1,032.76
05/15/2021
226-45126-421990
05/06/2021
Dacotah Paper - Dolly Conversion, Gray Contaii
85.69
05/15/2021
101-45201-421990
05/06/2021
MN Dept Labor - Qtr 1 Building Permit Surchar;
3,510.40
05/15/2021
101-00000-208110
05/06/2021
MN Dept Labor - Qtr 1 Building Permit Surchar;
-140.42
05/15/2021
101-42400-343000
05/06/2021
Domino's Pizza - Food for Council Meeting
68.15
05/15/2021
101-41110-443990
05/06/2021
General Credit Forms - CC Machine Paper
38.58
05/15/2021
653-41990-421990
05/06/2021
Holiday - Unleaded Fuel 10.487 gals @ $2.759
28.93
05/15/2021
653-41990-421200
05/06/2021
Holiday - Unleaded Fuel 9.046 gals @ $2.759
24.96
05/15/2021
653-41990-421200
05/06/2021
Holiday - Unleaded Fuel 10.076 gals @ $2.759
27.80
05/15/2021
653-41990-421200
05/06/2021
Holiday - Unleaded Fuel 9.491 gals @ $2.759
26.19
05/15/2021
653-41990-421200
05/06/2021
ICMA - Guilde to Local Gov't Branding (RL)
149.00
05/15/2021
101-41310-433100
05/06/2021
Les Mills - Virtual Fitness Classes - April 2021
349.00
05/15/2021
226-45127-443300
05/06/2021
Martie's Farm - Softner Salt (63 Bags)
378.00
05/15/2021
226-45126-422990
05/06/2021
MinnCor - Title Paper (2 Pkgs)
70.00
05/15/2021
653-41990-421990
05/06/2021
MN Rec & Parks Assoc - Race & Equity Workst
30.00
05/15/2021
226-45122-433100
05/06/2021
MN Rec & Parks Assoc - Race & Equity Workst
30.00
05/15/2021
226-45122-433100
05/06/2021
Monticello Chamber - March Lunch (JT)
15.00
05/15/2021
213-46301-443990
05/06/2021
MCC - Bottled Water for Project Orion Meeting
9.00
05/15/2021
101-43110-443990
05/06/2021
Monti Printing - Signature Stamp Planning Com
30.65
05/15/2021
101-41910-421990
05/06/2021
Trusted Employees - March Background Checks
111.00
05/15/2021
101-45201-431990
05/06/2021
Trusted Employees - March Background Check 1
23.00
05/15/2021
653-41990-431990
05/06/2021
Randys Sanitation - Shredding Service (CH)
32.20
05/15/2021
101-41310-431990
05/06/2021
Randys Sanitation - Shredding Service (DMV)
32.20
05/15/2021
653-41990-431990
05/06/2021
Runnings - Filter 16 x 20 (3)
13.47
05/15/2021
653-41990-421990
05/06/2021
Runnings - Misc Hardware for Table Repair
3.45
05/15/2021
226-45126-422990
05/06/2021
Runnings - Misc Hardware for Bench in Romp t
9.39
05/15/2021
226-45126-422990
05/06/2021
Home Depot - Lock for Cabinet in Childcare
5.74
05/15/2021
226-45126-422990
05/06/2021
USPS - Postage for DMV Mailings
40.55
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
40.75
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
22.35
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
59.10
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
36.60
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
22.75
05/15/2021
653-41990-432200
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 3
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
USPS - Postage for DMV Mailings
14.40
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
66.85
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
23.05
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
24.50
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
101.00
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
34.80
05/15/2021
653-41990-432200
05/06/2021
USPS - Certified Letter Comm Dev
7.65
05/15/2021
101-41910-432200
05/06/2021
Verizon - Feb 21 - Mar 20
75.02
05/15/2021
101-43115-432100
05/06/2021
Verizon - Feb 21 - Mar 20
35.01
05/15/2021
101-43120-432100
05/06/2021
Verizon - Feb 21 - Mar 20
35.01
05/15/2021
101-45201-432100
05/06/2021
Verizon - Feb 21 - Mar 20
77.52
05/15/2021
601-49440-432100
05/06/2021
Verizon - Feb 21 - Mar 20
77.52
05/15/2021
602-49490-432100
05/06/2021
Verizon - Feb 21 - Mar 20
180.05
05/15/2021
101-42200-432100
05/06/2021
Walmart Checks - Checks (2 pkgs)
29.75
05/15/2021
653-41990-421990
05/06/2021
Walmart - Various Snacks for Council Meetings
25.40
05/15/2021
101-41110-443990
05/06/2021
Home Depot - silcone max clear; surface runt. bl
20.87
05/15/2021
101-45201-421990
05/06/2021
Monti Napa- E-12 toggle switch
13.16
05/15/2021
101-42200-422110
05/06/2021
Monti Napa- (2) wheel hub dust caps
9.00
05/15/2021
101-43120-422110
05/06/2021
Auto Value - oil filters
4.06
05/15/2021
101-43127-422120
05/06/2021
Auto Value - oil filter for roller
4.24
05/15/2021
101-43120-422100
05/06/2021
Home Depot -conduit hb
4.75
05/15/2021
101-43120-422600
05/06/2021
Auto Value - fuel filter
5.03
05/15/2021
101-43127-422120
05/06/2021
Auto Value - (2) fuel filter
5.67
05/15/2021
101-43120-422100
05/06/2021
Auto Value - #113 - domestic fuel
6.38
05/15/2021
101-43120-422100
05/06/2021
Runnings - 128 oz. vinegar; 4 lb. baking soda
6.98
05/15/2021
101-43127-421600
05/06/2021
USPS - certified letter - Fire
7.00
05/15/2021
101-42200-432200
05/06/2021
Auto Value - back splash retainers - 1/2 water
4.25
05/15/2021
601-49440-422990
05/06/2021
Auto Value - back splash retainers - 1/2 Sewer
4.24
05/15/2021
602-49490-422990
05/06/2021
Amazon - 3 pk disinfecting wipes
8.99
05/15/2021
101-43110-421990
05/06/2021
Monti Napa-consp. tap
14.87
05/15/2021
101-45201-422990
05/06/2021
USPS - postage to mail samples to MDH
9.05
05/15/2021
601-49440-432200
05/06/2021
USPS - postage
9.05
05/15/2021
602-49490-432200
05/06/2021
O'Reilly - 10 ml thread lock
11.69
05/15/2021
101-43120-421990
05/06/2021
Home Depot -screw eyes; (2) bungee cords
12.64
05/15/2021
101-42200-422110
05/06/2021
Auto Value -(3) oil filters
12.90
05/15/2021
101-43127-422120
05/06/2021
Monti Napa- Aero adhesive web
13.49
05/15/2021
101-43120-421990
05/06/2021
Auto Value - fuel filter
14.48
05/15/2021
101-43127-422120
05/06/2021
Runnings -#116 - 10' discharge hose
14.90
05/15/2021
101-43120-422100
05/06/2021
SpyPoint - May 2021 trail camera service
15.00
05/15/2021
101-45201-443300
05/06/2021
Cub - 8 pk.batteries
15.78
05/15/2021
609-49754-421990
05/06/2021
Auto Value - (4) oil filters
16.59
05/15/2021
101-43127-422120
05/06/2021
Runnings - Raid; Terro ant baits; ant killer get
16.76
05/15/2021
101-45201-421990
05/06/2021
Auto Value - #179 - universal joints
16.99
05/15/2021
101-43120-422100
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 4
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
Auto Value - #800 - air filter; oil filter
19.51
05/15/2021
653-41990-421990
05/06/2021
Auto Value - core return
-18.00
05/15/2021
101-43127-422120
05/06/2021
Monti Napa- (2) blister P - 1/2 Water
11.12
05/15/2021
601-49440-422990
05/06/2021
Monti Napa- (2) blister P - 1/2 Sewer
11.11
05/15/2021
602-49490-422990
05/06/2021
Auto Value - #204 - (2) pvc grommet; (2) pvc ell
22.46
05/15/2021
101-45201-422990
05/06/2021
Auto Value -(12) brake parts cleaner
22.68
05/15/2021
101-43127-421990
05/06/2021
Grainger - (4) cabinet catch
22.88
05/15/2021
101-45201-421990
05/06/2021
Runnings - (2) fittings
22.98
05/15/2021
101-43120-422100
05/06/2021
Runnings - ball mount rgt ang. drop long shank
22.99
05/15/2021
101-42200-422110
05/06/2021
Runnings -air filter
23.99
05/15/2021
101-45201-421990
05/06/2021
Auto Value - #204 - (2) transmission filter kit
24.59
05/15/2021
101-45201-422990
05/06/2021
Amazon - printer paper
28.78
05/15/2021
101-43110-421990
05/06/2021
Amazon - US Flag 4x6
28.98
05/15/2021
101-42200-421990
05/06/2021
DSG - (2) hose adapter; (3) bronze adapter
29.03
05/15/2021
101-45201-421990
05/06/2021
Mills Fleet Farm - U-13 -(12.014) gal. unleaded
33.15
05/15/2021
101-42200-421200
05/06/2021
Grainger - resin comp. splice kit
33.36
05/15/2021
602-49490-422990
05/06/2021
Kwik Trip - (10) gal. unleaded @ $3.459
34.59
05/15/2021
101-45201-421200
05/06/2021
Mills Fleet Farm - U-13 -(13.775) gal. unleaded
38.01
05/15/2021
101-42200-421200
05/06/2021
Auto Value -(4) o asst. filters
38.27
05/15/2021
101-43127-422120
05/06/2021
Amazon - copy paper
41.15
05/15/2021
101-42200-421990
05/06/2021
Auto Value -hydr. filter; HD fuel filter
41.52
05/15/2021
101-43127-422120
05/06/2021
Grainger - lOpk steel expansion wedge anchor; (
76.40
05/15/2021
101-43120-421990
05/06/2021
Auto Value - #204 - transmission domesti.; (12)1
47.48
05/15/2021
101-45201-422990
05/06/2021
Cub - resale- lemons/limes
48.36
05/15/2021
609-49750-425500
05/06/2021
Mills Fleet Farm -(2) diesel additive for generatc
24.99
05/15/2021
601-49440-421990
05/06/2021
Mills Fleet Farm -(2) diesel additive for generatc
24.99
05/15/2021
602-49490-421990
05/06/2021
Runnings - gloves; caulk; (4) flex tubing; clamp
50.10
05/15/2021
101-43120-422100
05/06/2021
Runnings - diamond blade; sirc saw blade; bolt s
57.44
05/15/2021
101-45201-421990
05/06/2021
Auto Value - perfectstop brake; (2) drum brake v
51.97
05/15/2021
101-45201-422990
05/06/2021
Cub - resale- lemons/limes
52.03
05/15/2021
609-49750-425500
05/06/2021
FSSolutions - DOT drug screen - B.A.
56.38
05/15/2021
601-49440-431990
05/06/2021
Runnings - return grinder lag 7' for rattail 6"
-40.00
05/15/2021
101-43127-421990
05/06/2021
Auto Value - #302 - fuel domestic #33243
8.53
05/15/2021
601-49440-422990
05/06/2021
Runnings -screws for crosswalk signs
18.99
05/15/2021
101-43120-422600
05/06/2021
Runnings - 2 gal. sprayer
19.99
05/15/2021
101-43120-422100
05/06/2021
Amazon - 5 ct. 51 oz. coffee
59.80
05/15/2021
101-43110-421990
05/06/2021
Martie's Farm - (6) milorganite fertilizer
59.94
05/15/2021
101-45201-422500
05/06/2021
Auto Value - case tractor - oil filter; air filter
60.88
05/15/2021
101-43120-422100
05/06/2021
Amazon - desk chair w/ armrests
63.53
05/15/2021
101-43110-421990
05/06/2021
Amazon - 3 pk. notebooks; (2) printer paper; 121
64.07
05/15/2021
101-42200-421990
05/06/2021
Sherwin Williams - (6) yellow
70.14
05/15/2021
101-45203-421990
05/06/2021
Amazon - 3 pk. speed bump cable protectors
70.29
05/15/2021
101-45201-421990
05/06/2021
Cornerstone Ford - #302 - pipe - fuel filter- 1/2 \
36.29
05/15/2021
601-49440-422990
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 5
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
Cornerstone Ford - #302 - pipe - fuel filter- 1/2 5
36.29
05/15/2021
602-49490-422990
05/06/2021
Runnings - rain jacket; rubber boots; pvc knee be
72.86
05/15/2021
101-45201-421990
05/06/2021
AT & T - FirstNet 3/21 mobile unl. aircard
76.46
05/15/2021
101-42200-432100
05/06/2021
Amazon -(4) 5 pk. reusable face protection; (2)
76.94
05/15/2021
101-45201-421990
05/06/2021
Auto Value - automix panel bonding; trans. drain
76.98
05/15/2021
101-45201-421990
05/06/2021
DISH - 5/21 service
77.01
05/15/2021
609-49754-432500
05/06/2021
Runnings - 33 lb. mig wire
78.99
05/15/2021
101-43127-421990
05/06/2021
Runnings - (2) synthetic Hidex gloves; (4) bulk 1
79.64
05/15/2021
101-43127-421990
05/06/2021
Runnings -class 3 jacket; class E overalls
79.98
05/15/2021
101-43120-421990
05/06/2021
Mills Fleet Farm - 2021 boots- T.B.
79.99
05/15/2021
101-43120-421990
05/06/2021
Runnings - (3) pruner
80.97
05/15/2021
101-45201-421990
05/06/2021
Auto Value - #302 - (2) gas - magnum truck sho.
41.99
05/15/2021
601-49440-422990
05/06/2021
Auto Value - #302 - (2) gas - magnum truck sho.
41.99
05/15/2021
602-49490-422990
05/06/2021
Auto Value - #204 - transmission line
85.99
05/15/2021
101-45201-422990
05/06/2021
Midway Iron - #101 - 12' flat for sander
87.48
05/15/2021
101-43125-422100
05/06/2021
E.A.T.I. - strobe light
87.85
05/15/2021
101-43120-422100
05/06/2021
Ausco - (48) screen printed pieces - Streets
64.00
05/15/2021
101-43120-421990
05/06/2021
Ausco - (48) screen printed pieces - Water
16.00
05/15/2021
601-49440-421990
05/06/2021
Ausco - (48) screen printed pieces - Sewer
16.00
05/15/2021
602-49490-421990
05/06/2021
Amazon - Epson Workforce printer/scanner
129.99
05/15/2021
101-45201-421990
05/06/2021
Red's Service - #144 battery for air compressor
130.00
05/15/2021
101-43120-422100
05/06/2021
OSC - (2) bandsaw blades
135.96
05/15/2021
101-43127-421990
05/06/2021
Auto Value - #204 - battery
142.99
05/15/2021
101-45201-422990
05/06/2021
General Rental - acetylene MS tank; hazzardous
145.40
05/15/2021
101-43127-421990
05/06/2021
NBP - (2) 50pk. roll towel; 8 pk. battery; cal. pal
146.13
05/15/2021
609-49754-421990
05/06/2021
Nokomis Shoes - Boots T.G.
150.00
05/15/2021
101-45201-421990
05/06/2021
Home Depot - key safe returned; portable key sa
1.00
05/15/2021
101-45201-421990
05/06/2021
Home Depot - microwave; key safe returned
100.95
05/15/2021
101-45201-421990
05/06/2021
Mills Fleet Farm - (3) neverkink hose; (2) liquid
121.95
05/15/2021
601-49440-421990
05/06/2021
OSC - hose repair kit; oxy cylinder; hazmat fee
151.21
05/15/2021
101-43127-421990
05/06/2021
Certifit Auto Parts - # 113 - bumper-pnt w/o hole
153.39
05/15/2021
101-43120-422110
05/06/2021
Home Depot - (28) 50 lb. quickrete concrete
158.76
05/15/2021
101-43120-422600
05/06/2021
Auto Value - shock absorber; quick release ra.; ('
162.59
05/15/2021
101-45201-422990
05/06/2021
Auto Value -#114 - (2) high carbon brake ro; per
174.89
05/15/2021
101-43120-422110
05/06/2021
Certifit Auto Parts - bumper & trim for truck - 1/
93.63
05/15/2021
601-49440-422990
05/06/2021
Certifit Auto Parts - bumper & trim for truck - 1/
93.63
05/15/2021
602-49490-422990
05/06/2021
Home Depot - 5 shelf rivet; (2) tape meas.; nuts;
192.96
05/15/2021
101-45201-421990
05/06/2021
Auto Value - battery; (3) 5qt. synth. oil; pliers; of
205.24
05/15/2021
101-45201-422990
05/06/2021
Cintas - mat service - #4080751634; 408140851:
239.91
05/15/2021
609-49754-431990
05/06/2021
Allina Health - First Responders Training - K.K.
250.00
05/15/2021
101-42200-433100
05/06/2021
Moon Motors - Ranger- battery; solenoid -starter
253.98
05/15/2021
101-42200-422100
05/06/2021
CWP - #179 - assorted hoses
315.87
05/15/2021
101-43125-422100
05/06/2021
Amazon - (3) TireJect sealant
325.65
05/15/2021
101-45201-421990
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 6
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
AMEM - (3) 2021 membership- R.L.; D.K.; R.H
400.00
05/15/2021
101-42500-443990
05/06/2021
W Reeves - 6 pk.rechargeable flares
420.17
05/15/2021
101-45201-421990
05/06/2021
Sherwin Williams - (3 0) 5 gal. br. white; (6) 20 c
421.96
05/15/2021
101-45203-421990
05/06/2021
OSC - welder - rccl4; cable cover; collet; etc
450.77
05/15/2021
101-43127-421990
05/06/2021
Arctic Glacier - resale - #3456110504; 34561112
467.80
05/15/2021
609-49750-425500
05/06/2021
E.A.T.I. -(2) LED amber light
475.87
05/15/2021
101-45201-421990
05/06/2021
Runnings -band saw20v bare; radio bluetooth 60
491.95
05/15/2021
101-43127-421990
05/06/2021
Active 911 - (49) subscription renewal
637.00
05/15/2021
101-42200-443300
05/06/2021
Arctic Glacier - resale - 3456107604; 34561084(
704.37
05/15/2021
609-49750-425500
05/06/2021
Ausco - (37) short sleeve w/ logo; (32) long Slee,
788.50
05/15/2021
101-45201-421990
05/06/2021
Environmental Equip- #150 -GB torque motor- g
840.99
05/15/2021
101-43120-422110
05/06/2021
Ameripride - Mar. 2021 uniforms - Parks
143.29
05/15/2021
101-45201-441700
05/06/2021
Ameripride - Mar. 2021 uniforms - Sewer
96.83
05/15/2021
602-49490-441700
05/06/2021
Ameripride - Mar. 2021 uniforms - Water
96.83
05/15/2021
601-49440-441700
05/06/2021
Ameripride - Mar. 2021 uniforms - Streets
206.49
05/15/2021
101-43120-441700
05/06/2021
Ameripride - Mar. 2021 Shop towels
188.63
05/15/2021
101-43127-421990
05/06/2021
Ameripride - Mar. 2021- towels; rugs; paper sen
116.92
05/15/2021
101-45201-421990
05/06/2021
Peterson Companies- Fall blowout
900.00
05/15/2021
101-45203-440990
05/06/2021
Dyna - cryobit 1/2 red. shank; (100) hex nut; (50
1,222.96
05/15/2021
101-43127-421990
05/06/2021
AlldataAuto. Intelligence - 2021 repair & acces,
1,500.01
05/15/2021
101-43127-421990
05/06/2021
E.A.T.I. - (3) minibar; (3) amber; (3) blue; (6) sti
2,018.07
05/15/2021
101-43120-422100
05/06/2021
Central MN Mow & Snow - Riverside Cemetery
1,475.00
05/15/2021
215-49010-431050
05/06/2021
Central MN Mow & Snow - Hillside Cemetery 4
350.00
05/15/2021
101-45201-431050
05/06/2021
WHCE - Sunset Ponds 3/1-4/1/2021 955 kWh
133.12
05/15/2021
602-49490-438100
05/06/2021
WHCE - DMV
19.95
05/15/2021
653-41990-431900
05/06/2021
WHCE - 2171 W River St
36.45
05/15/2021
101-45201-431900
05/06/2021
WHCE - 5980 Jason Ave NE
19.95
05/15/2021
601-49440-431900
05/06/2021
WHCE - MCC
27.95
05/15/2021
226-45126-431900
05/06/2021
WHCE - 207 Chelsea Rd
32.95
05/15/2021
601-49440-431900
05/06/2021
WHCE - 209 Cedar St
29.95
05/15/2021
601-49440-431900
05/06/2021
WHCE - 132 E Broadway
29.95
05/15/2021
601-49440-431900
05/06/2021
WHCE - 107 River St W
19.95
05/15/2021
101-45201-431900
05/06/2021
WHCE - April 2021 - Hi -Way Liquors
21.42
05/15/2021
609-49754-431900
05/06/2021
WHCE - April 2021 - MCC
19.95
05/15/2021
226-45126-431900
05/06/2021
WHCE - April 2021 -200 Dundas Rd
29.95
05/15/2021
601-49440-431900
05/06/2021
WHCE - April 2021 -909 Golf Course Rd.
19.95
05/15/2021
101-43110-431900
05/06/2021
WHCE - General Street Lighting
1,434.24
05/15/2021
101-43160-438100
05/06/2021
Grainger - (3) coated gloves - 1/2 Sewer
4.65
05/15/2021
602-49490-421990
05/06/2021
Grainger - (3) coated gloves - 1/2 Water
4.65
05/15/2021
601-49440-421990
05/06/2021
Grainger - (27) coated gloves - 1/2 Water
41.85
05/15/2021
601-49440-421990
05/06/2021
Grainger - (27) coated gloves - 1/2 Sewer
41.85
05/15/2021
602-49490-421990
05/06/2021
Grainger - well #2 - air vac valve
736.98
05/15/2021
601-49440-422990
05/06/2021
Amazon - alarm battery
9.99
05/15/2021
101-43110-421990
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 7
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
Zep - (2) water wand head; doz. Zep Big Orange
297.94
05/15/2021
101-43127-421990
05/06/2021
Safeguard Security - 5/2021 security monitoring
44.95
05/15/2021
101-42200-431990
05/06/2021
NBP - Paper Towels, Post Its, Highlighters, Pens
55.45
05/15/2021
101-41310-421990
05/06/2021
NBP - Clasp Envelopes, Pens, Paper, Tape Dispe
139.67
05/15/2021
653-41990-421990
05/06/2021
NBP - Paper
69.80
05/15/2021
653-41990-421990
05/06/2021
Night Hawk Security - Monthly Security @ Park
49.95
05/15/2021
101-43110-431900
05/06/2021
Runnings - Keyed Padlock (3 pk)
20.99
05/15/2021
226-45126-422990
05/06/2021
Straight Talk Wireless - Minutes for UB Phone
39.17
05/15/2021
702-00000-432100
05/06/2021
USPS - Postage for DMV Mailings
41.10
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
41.00
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
13.15
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
23.00
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
75.65
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
26.00
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
52.50
05/15/2021
653-41990-432200
05/06/2021
USPS - Postage for DMV Mailings
11.20
05/15/2021
653-41990-432200
05/06/2021
USPS - Certified Letters for Fire Dept
28.00
05/15/2021
101-42200-432200
05/06/2021
Walmart - Various Snacks for Council Meetings
50.14
05/15/2021
101-41110-443990
05/06/2021
Weebly - MCC Webiste Renewal
159.00
05/15/2021
226-45122-430900
05/06/2021
MN Farmers Market Assoc - Annual Membershi
70.00
05/15/2021
226-45127-421750
05/06/2021
Microsoft - 365 Email Subscriptions for E3
112.52
05/15/2021
702-00000-431990
05/06/2021
Holiday - Unleaded Fuel 9.603 gals @ $2.759
26.49
05/15/2021
653-41990-421200
05/06/2021
Jimmy Johns - Food for Meeting (Tour)
274.49
05/15/2021
101-41910-443990
05/06/2021
Trusted Employees - April Background Check (1
37.00
05/15/2021
101-43120-431990
05/06/2021
Trusted Employees - April Background Check (1
37.00
05/15/2021
101-45201-431990
05/06/2021
Adobe - Annual Creative Cloud Subscription (Bi
599.88
05/15/2021
101-41310-443300
05/06/2021
Adobe - Sales Tax to be Refunded (5/17/21)
44.24
05/15/2021
101-00000-115030
05/06/2021
Advanced Disposal - March 2021
41,952.46
05/15/2021
101-43230-438400
05/06/2021
Advanced Disposal - March 2021 - Recycling
19,378.80
05/15/2021
101-43230-438400
05/06/2021
Advanced Disposal - March 2021 - GFEE
3,960.88
05/15/2021
101-00000-208120
05/06/2021
Advanced Disposal - March 2021
35.80
05/15/2021
101-43127-438400
05/06/2021
Advanced Disposal - March 2021
47.74
05/15/2021
101-45201-438400
05/06/2021
Advanced Disposal - March 2021
23.87
05/15/2021
101-45201-438400
05/06/2021
Advanced Disposal - March 2021
113.38
05/15/2021
602-49480-438400
05/06/2021
Advanced Disposal - March 2021
208.87
05/15/2021
226-45126-438400
05/06/2021
Advanced Disposal - March 2021
23.87
05/15/2021
609-49754-438400
05/06/2021
Advanced Disposal - March 2021
23.87
05/15/2021
101-45201-438400
05/06/2021
Advanced Disposal - March 2021
53.82
05/15/2021
101-45201-438400
05/06/2021
Advanced Disposal - March 2021
11.93
05/15/2021
101-45501-431990
05/06/2021
Amazon - Bulletin Board Letters, Boarder, Stick
42.94
05/15/2021
226-45122-421990
05/06/2021
Amazon - Bulletin Board Accents
9.76
05/15/2021
226-45122-421990
05/06/2021
Amazon - Doorbell for Childcare Area
12.96
05/15/2021
226-45127-421990
05/06/2021
Amazon - License Plate Envelopes (100)
33.25
05/15/2021
653-41990-421990
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 8
Invoice No Description Amount Payment Date Acct Number Reference
05/06/2021
Amazon - 3 Hole Punch, Tape, Post It Notes,
56.28
05/15/2021
653-41990-421990
05/06/2021
Amazon - Desk Chair (TE)
122.44
05/15/2021
101-41800-421990
05/06/2021
Amazon - Box Cutter (12pk)
13.99
05/15/2021
101-41310-421990
05/06/2021
Amazon - Fingertip Moisteners (3 pk)
5.37
05/15/2021
101-41310-421990
05/06/2021
Cintas - Mat, Mop, Towel Svc #4080148333,4O;
126.12
05/15/2021
226-45126-431990
05/06/2021
Cintas - Mop, Mat Service #4080751421
53.62
05/15/2021
653-41990-431990
05/06/2021
Cintas - Mat Service #4081408455
26.17
05/15/2021
101-45501-431990
05/06/2021
Holiday - Unleaded Fuel 11.245 gals @ $2.759
31.02
05/15/2021
653-41990-421200
05/06/2021
Holiday - Unleaded Fuel 10.872 gals @ $2.799
30.43
05/15/2021
653-41990-421200
05/06/2021
Jimmy Johns - Food for Meeting (Developer)
100.90
05/15/2021
213-46301-443990
Check Total:
105,633.87
Vendor: 2438
VANCO SERVICES LLC
Check Sequence: 9
00011533784
Vanco Gateway Exchange - April 2021 (1/2)
57.00
05/15/2021
601-49440-443980
00011533784
Vanco Gateway Exchange - April 2021 (1/2)
57.00
05/15/2021
602-49490-443980
Check Total:
114.00
Vendor: 2405
WELLS FARGO - Monthly Charges/Returns
Check Sequence: 10
May 2021
Liq Store CC Fees (WF -0990)
7,891.74
05/15/2021
609-49754-443980
May 2021
WF account interest earnings
-185.72
05/15/2021
101-00000-362110
May 2021
UB CC Fees (AmEx -8910)
37.54
05/15/2021
601-49440-443980
May 2021
CH CC Fees (WF -0999)
195.49
05/15/2021
101-41520-443980
May 2021
MCC CC Fees (iAccess FM -1476)
87.90
05/15/2021
226-45127-431992
May 2021
UB CC Fees (AmEx -8910)
37.53
05/15/2021
602-49490-443980
May 2021
WF account bank charges
1,357.80
05/15/2021
101-41520-443980
May 2021
UB CC Fees (Bluefin)
247.56
05/15/2021
602-49490-443980
May 2021
UB CC Fees (Bluefin)
247.55
05/15/2021
601-49440-443980
May 2021
MCC CC Fees (Daxco- 2887)
1,057.07
05/15/2021
226-45122-443980
May 2021
UB CC Fees (Bluefin-7022)
752.17
05/15/2021
601-49440-443980
May 2021
UB CC Fees (Bluefin-7022)
752.16
05/15/2021
602-49490-443980
Check Total: 12,478.79
Total for Check Run: 165,684.71
Total of Number of Checks: 10
ACH Enabled: True
ACH Enabled: True
The preceding list of bills payable was reviewed and approved for payment.
Date: 5/24/2021 Approved by
Mayor Lloyd Hilgart
AP -Computer Check Proof List by Vendor (05/19/2021 - 12:19 PM) Page 9
City Council Agenda: 05/24/2021
2B. Consideration of approving new hires and departures for City departments
Prepared by:
Meeting Date:
❑ Regular Agenda Item
Human Resources Manager
5/24/21
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Administrator
ACTION REQUESTED
Motion to approve new hires and departures for city departments.
REFERENCE AND BACKGROUND
The Council is asked to ratify the attached list of new hires and departures for the City. This
listing includes full-time, part-time, seasonal, and temporary employees. The listing may also
include status changes and promotions.
Budget Impact: Positions are generally included in the budget.
II. Staff Workload Impact: If new position, there may be some training involved. If
terminated position, existing staff will cover hours as needed, until replacement.
III. Comprehensive Plan Impact: N/A
STAFF RECOMMENDED ACTION
City staff recommends approval of new hires and departures as identified on the attached list.
SUPPORTING DATA
• List of new hires and terminated employees.
NEW EMPLOYEES
Name
Title
Department
Hire Date
Maria Sakry
WSI
MCC
5/10/21
PT
Kathleen Haponuk
Liquor Store Clerk
Liquor Store
5/17/21
PT
Hema Ramsewak
DMV Clerk
DMV
5/18/21
PT
Mai Lor
DMV Clerk
DMV
6/1/21
PT
TERMINATING EMPLOYEES
Name
Reason
Department
Last Day
Derek Brunsberg
Voluntary
MCC
1/25/20
PT
Shelley Lovejoy
Voluntary
DMV
2/10/20
PT
Christy Mariette
Voluntary
MCC
3/7/20
PT
Amee Pribyl
Voluntary
MCC
3/11/20
PT
Jaime Cline
Voluntary
MCC
3/13/20
PT
Melissa Hoernemann
Voluntary
Liquor Store
12/5/20
PT
Chloe Beaudry
Voluntary
MCC
2/27/21
PT
Eryn Pfeifer
Voluntary
MCC
5/10/21
PT
Class
Class
Note: The 2020 terminations are employees who have opted not to return from extended leave.
New Hire and Terms City Council 2021: 5/20/2021
City Council Agenda: 05/24/2021
2C. Consideration of approving the sale or disposal of surplus City property
Prepared by:
Meeting Date:
❑ Regular Agenda Item
N/A
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
N/A
There is no report this City Council Cycle.
City Council Agenda: 05/24/2021
2D. Consideration to approving annual liquor license renewals for 2021-2022
Prepared by:
Meeting Date:
❑ Regular Agenda Item
City Clerk
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Administrator
ACTION REQUESTED
Motion to approve the annual liquor license renewals for 2021-2022.
PREVIOUS COUNCIL ACTION
April 12, 2021: The City Council waived all on -sale liquor license fees for 2021-2022.
REFERENCE AND BACKGROUND
City Council is asked to approve the liquor license renewals for 2021-2022 as listed below. The
businesses listed are the current license holders on record. Staff reviews each renewal to
ensure the paperwork was completed in compliance with the State Alcohol & Gambling rules
and State laws.
Renewal forms will be sent to the Wright County Sheriff's Office for background check
verification and signature. The completed renewals, following City Council and WCSO approval,
will be sent to the State Alcohol & Gambling Division. This office allows the license holders to
purchase alcoholic beverages from approved wholesalers.
The City is responsible for issuing the annual licenses and sending them to the premises, where
they are to be displayed on site.
Intoxicating Liquor On -Sale (no fee)
1. Applebee's Neighborhood Grill & Bar (Apple Minnesota LLC)
2. Beef O'Bradys (TMC & J Taylor Corp.)
3. Buffalo Wild Wings #210 (Blazin Wings Inc.)
4. Capitan Pancho Villa (IC Enterprises LLC)
5. Chatters Restaurant & Bar (West River Restaurants Inc.)
6. Cornerstone Cafe & Catering (Cornerstone Cafe & Catering Co.)
7. Emagine Monticello (Northwoods Entertainment Inc.)
8. Hawk's Sports Bar & Grill (Hawk's Sports Bar & Grill Inc.)
9. Monticello Country Club (Monticello Country Club Inc.)
10. Rancho Grande (Rancho Grande Mex. Rest. Inc. #2)
City Council Agenda: 05/24/2021
11. River City Extreme (River City Extreme Inc.)
12. VFW 8731 (Blub Dorchester)
Liquor — Club/Sunday On -Sale (no fee)
1. American Legion 260
Liquor — Wine/Strong Beer Combination (no fee)
1. Bluestone Grill (Pauly Companies)
Liquor — Wine (no fee)
1. Asian Cafe Sushi Grill Inc.
3.2% Beer On -Sale
1. Asian Cafe Sushi Grill Inc.
Taproom/Off-Sale Growler (no fee on -sale, $250 off -sale)
1. Nordic Brewing
2. Rustech Brewing
3.2% Beer Off -Sale ($100 fee)
1. Cub Foods (Monticello 1998 LLC)
2. Kwik Trip #177 (Kwik Trip Inc.)
3. Kwik Trip #345 (Kwik Trip Inc.)
4. SuperAmerica #4479 (Northern Tier Retail LLC)
5. Target Store T-2180 (Target Corporation)
6. Wal-Mart Supercenter #3624 (Wal-Mart Stores Inc.)
I. Budget Impact: The on -sale liquor license fees were waived at the April 12, 2021 City
Council meeting. This resulted in a revenue loss of $51,075 in the General Fund.
II. Staff Workload Impact: City staff prepares and mails billings, handles renewal
paperwork and payments, and issues the licenses.
III. Comprehensive Plan Impact: N/A
STAFF RECOMMENDED ACTION
City staff recommends approval of the liquor license renewals.
SUPPORTING DATA
• Copies of liquor license renewal forms.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
10 651-201-7507
RENEWAL
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code TRONSS License Period Ending 6/30/2021
Issuing Authority Monticello
Licensee Name Rustech Brewing Company LLC
DBA
Rustech Brewing
Address
105 W 3rd Street
Monticello, MN 55362
Business Phone
6124149437
License Fees:
Off Sale $0.00
On Sale $500.00
Iden 68730
Sunday Sales = Yes 0 No
Sunday $200.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Api3licant's sionature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county wherelicense is
issued. $100,000 in cash or securities or $100,000 surety bond may be submitted in lieu of liquor liability.(3.2& liquor licenses are
exempt if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/County Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county
as stated above.)
County Attorney Signature
(County Board issued licenses only(Signature certifies licensee is eligible for license)
Police/Sheriff Signature
Signature certifies licensee or associates have been checked for any state/local liquor law violations
(criminal/civil) during the past five years. Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code BROFSL License Period Ending 6/30/2021
Issuing Authority Monticello
Licensee Name Rustech Brewing Company LLC
DBA Rustech Brewing
Address 105 W 3rd Street
Monticello, MN 55362
Business Phone 6124149437
License Fees: Off Sale $200.00 On Sale $0.00
Iden 68729
Sunday Sales [—] Yes
Sunday $0.00
Q No
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Aoolicant's sianature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confines that Workers Compensation insurance will be kept in effect during the license period.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county wherelicense is
issued. $100,000 in cash or securities or $100,000 surety bond may be submitted in lieu of liquor liability.(3.2& liquor licenses are
exempt if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/County Auditor Signature
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county
as stated above.)
County Attorney Signature
(County Board issued licenses only(Signature certifies licensee is eligible for license)
Police/Sheriff Signature
Signature certifies licensee or associates have been checked for any state/local liquor law violations
(criminal/civil) during the past five years. Report violations on back, then sign here.
No.
Fee $
THIS CERTIFIES THAT:
LICENSEE
TRADE NAME
BREWER OFF SALE MALT LIQUOR LICENSE
STREET ADDRESS OR LOT AND BLOCK NO
Is authorized to sell malt liquor at off sale at a licensed brewery subject to the laws and regulations of the State of Minnesota and municipal
Ordinances for the Period beginning to
"SUNDAY LICENSE" YES ❑ No ❑
Mayor or President
THIS LICENSE IS APPROVED
Given under my hand and the Municipal Corporate Seal
City
Alcohol & Gambling Enforcement Director Date
Clerk or Auditor
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code BROFSL License Period Ending 6/30/2021
Issuing Authority Monticello
Licensee Name The Nordic Brewing Co LLC
DBA The Nordic Brewing
Address 530 Cedar Street
Monticello, MN 55362
Business Phone 7636563370
License Fees: Off Sale $200.00 On Sale $0.00
Iden 71126
Sunday Sales 0 Yes Q No
Sunday $0.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's icnat r on this renewal confirms the following, Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years It has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county wherellcense is
issued. $100,000 in cash or securities or $100,000 surety bond may be submitted in lieu of liquor liability.(3.2& liquor licenses are
exempt if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
that renewal of a liquor, wine or club license has been approved by the city/county
as stated above.)
Board issued licenses only(Signature certifies licensee is eligible for license)
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations
(criminal/civil) during the past five years. Report violations on back, then sign here.
No.
Fee $
THIS CERTIFIES THAT:
LICENSEE
TRADE NAME
city_
BREWER OFF SALE MALT LIQUOR LICENSE
STREET ADDRESS OR LOT AND BLOCK NO
Is authorized to sell malt liquor at off sale at a licensed brewery subject to the laws and regulations of the State of Minnesota and municipal
Ordinances for the Period beginning to
"SUNDAY LICENSE" YES ❑ NO ❑
Mayor or President
THIS LICENSE IS APPROVED
Given under my hand and the Municipal Corporate Seal
City of
Alcohol & Gambling Enforcement Director Date
Clerk or Auditor
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
10 651-201-7507
RENEWAL
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code TRONSS License Period Ending 6/30/2021
Issuing Authority Monticello
Licensee Name The Nordic Brewing Cc LLC
DBA The Nordic Brewing
Address 530 Cedar Street
Monticello, MN 55362
Business Phone 7636563370
License Fees: Off Sale $0.00
On Sale $500.00
Iden 71067
Sunday Sales 0 Yes = No
Sunday $0.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Aoulicant's sionaturethis al confirms the following: Failure to report any of the following may result in civil oenalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county wherelicense is
issued. $100,000 in cash or securities or $100,000 surety bond may be submitted in lieu of liquor liability.(3.2& liquor licenses are
exempt if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/County Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county
as stated above.)
County Attorney Signature Date
(County Board issued licenses only(Signature certifies licensee is eligible for license)
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations
(criminal/civil) during the past five years. Report violations on back, then sign here.
,�- Minnesota Department of Public Safety
/// Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
�` RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
MCLONSS
Issuing Authority:
Monticello
Licensee Name:
American Legion 260
Trade Name:
Address:
304 Elm St/Box 806
Monticello, MN 55362
Business Phone:
7632952574
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $500.00 Sunday: $200.00
Iden: 1143
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB E�
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
`-"J RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer Ib Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS License Period Ending: 6/30/2021 Iden: 30773
Issuing Authority:
Monticello
Licensee Name:
Apple Minnesota LLC
Trade Name:
Applebee's Neighborhood Grill & Bar
Address:
9386 Deegan Ave
Monticello, MN 55362
Business Phone:
7632956337
License Fees:
Off Sale: $0.00 On Sale: $3,750.00 Sunday: $200.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's slanature on this renewal confines the following, Failure to report any of the followina may result in civil oenatttes
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
Issued. $100,000 in cash or securities or $310,000 surety bond may be submitted In lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB S
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any statenocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
0 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by. Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
MWNONSB
Issuing Authority:
Monticello
Licensee Name:
Asian Cafe Sushi Grill Inc.
Trade Name:
Asian Cafe Sushi Grille
Address:
514 Pine St
Monticello, MN 55362
Business Phone:
7632721509
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021 Iden: 63860
On Sale: $250.00 Sunday: $0.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's smana+ on this renewal confirms the following: Failure to report any of the followina may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confines that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
9 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
3.2ONSS
Issuing Authority:
Monticello
Licenses Name:
Asian Cafe Sushi Grill Inc.
Trade Name:
Address:
514 Pine St
Monticello, MN 55362
Business Phone:
763-272-1509
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021 Iden: 63861
On Sale: $250.00 Sunday: $0.00
By signing this renewal application, applicant certifies that there has been no change In ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's sianature on this renewal confirms the following, Failure to report any of the following may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confines that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation Insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond maybe submitted In lieu of liquor Ilability.(3.2 liquor licenses are exempt
If sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
0 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS
Issuing Authority:
Monticello
Licensee Name:
Blazin Wings Inc.
Trade Name:
Buffalo Wild Wings #1210
Address:
9221 Cedar Street
Monticello, MN 55362
Business Phone:
2187225100
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $3,750.00 Sunday: $200.00
Iden: 26234
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature uace
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
0 St Paul, Minnesota 55101
651.201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
3.2ONSS
Monticello
City of Monticello
License Period Ending: 6/30/2021
Monticello Community Center
2175 W River St
Monticello, MN 55362
7632713268
Off Sale: $0.00
On Sale: $137.00 Sunday: $0.00
Iden: 22952
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes In ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following, Failure to report any of the followina may result in civil penalties
1. Licensee confines it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confines that Workers Compensation insurance will be kept in effect during the license pedod.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
If sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any statellocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS License Period Ending: 6/30/2021 Iden: 1625
Issuing Authority:
Monticello
Licensee Name:
Hawk's Sports Bar & Grill Inc.
Trade Name:
Hawk's Sports Bar & Grill
Address:
9697 Hart Blvd
Monticello, MN 55362
Business Phone: 7632959990
License Fees: Off Sale: $0.00 On Sale: $3,750.00 Sunday: $200.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes In ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further Information needed to complete this renewal.
Applicant's signature on this renewal confirms the following, Failure to report any of the followina may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation Insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability Insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond maybe submitted in lieu of liquor Ilabllity.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
0Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1000
St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS
Issuing Authority:
Monticello
Licensee Name:
IC Enterprises LLC
Trade Name:
Capitan Pancho Villa
Address:
100 7th Street W
Monticello, MN 55362
Business Phone:
7633140454
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $3,750.00 Sunday: $200.00
Iden: 33416
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to reoort any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond maybe submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
��- Minnesota Department of Public Safety
/// Alcohol $ Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 551011
651-201-7507
.�
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
3.20FSL
Issuing Authority:
Monticello
Licensee Name:
Kwik Trip Inc.
Trade Name:
Kwik Trip #177
Address:
9855 Hart Blvd
Monticello, MN 55362
Business Phone:
License Fees:
Off Sale: $100.00
License Period Ending: 6/30/2021 Iden: 46003
On Sale: $0.00 Sunday: $0.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
9Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
3.2OFSL
Monticello
Kwik Trip Inc.
Kwik Trip #345
9440 State Hwy 25
Monticello, MN 55362
Business Phone: 7632958857
License Period Ending: 6/30/2021
License Fees: Off Sale: $100.00 On Sale: $0.00 Sunday: $0.00
Iden: 29008
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further Information needed to complete this renewal.
Applicant's sianature on this renewal confirms the 6 llowina: Failure to renart any of the followina may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
Issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor Itability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
�..----...,� Minnesota Department of Public Safety
Alcohol &Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
"� RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
3.2OFSL
Monticello
Monticello 1998 LLC
Cub Foods
216 7th Street
Monticello, MN 55362
License Period Ending: 6/30/2021
Business Phone: 7632716800
License Fees: Off Sale: $100.00 On Sale: $0.00 Sunday: $0.00
Iden: 15558
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following, Failure to report any of the followina may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation Insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any statefiocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol $ Gambling Enforcement Division
445 Minnesota Street, 1600
(T) St Paul , Minnesota 55101
651.201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
ONSS License Period Ending: 6/30/2021
Monticello
Monticello Country Club Inc.
Monticello Country Club
1209 Golf Course Rd
Monticello, MN 55362-0575
763-295-4653
Off Sale: $0.00 On Sale: $3,750.00 Sunday: $200.00
Iden: 6356
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on hack, then sign here.
r e Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
3.2OFSL
Issuing Authority:
Monticello
Licensee Name:
Northern Tier Retail LLC
Trade Name:
Speedway 114479
Address:
109 Oakwood Dr
Monticello, MN 55362
Business Phone:
763-295-0444
License Fees:
Off Sale: $100.00
License Period Ending: 6/30/2021
On Sale: $0.00 Sunday: $0.00
Iden: 15560
By signing this renewal application, applicant certifies that there has been no change In ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further Information needed to complete this renewal.
o I' ant's slanature on this renewal confirms the following: Failure to report any of the following may result in civil Densities.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond maybe submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back,, then sign here.
f„---.. Minnesota Department of Public Safety
/ Alcohol & Gambling Enforcement Division
[\/\ 445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
�" RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
ONSS License Period Ending: 6/30/2021
Monticello
Northwoods Entertainment LLC
Emagine Monticello
9375 Deegan Ave
Monticello, MN 55362
763-295-5007
Off Sale: $0.00 On Sale: $3,750.00 Sunday: $200.00
Iden: 70890
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's sianature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
a—., Minnesota Department of Public Safety
Alcohol $ Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
_>'
'" RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
3.2ONSS
Issuing Authority:
Monticello
Licensee Name:
Pauly Companies Inc.
Trade Name:
Bluestone Grill
Address:
9351 Cedar St
Monticello, MN 55362
Business Phone:
763-314-0500
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $1.00 Sunday: $0.00
Iden: 33266
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the followincr Failure to report any of the following may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
9 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
MWNONSB
Issuing Authority:
Monticello
Licensee Name:
Pauly Companies Inc.
Trade Name:
Bluestone Grill
Address:
9351 Cedar St
Monticello, MN 55362
Business Phone:
7633140500
License Fees:
Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $1,200.00 Sunday: $200.00
Iden: 29481
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB S
(Signature certifies all above information to be correct and license has been approved by city/county.)
Dale
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
(9—)RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS License Period Ending: 6/30/2021 Iden: 18063
Issuing Authority:
Monticello
Licensee Name:
Rancho Grande Max. Rest. Inc. #2
Trade Name:
Rancho Grande
Address:
615 Locus Street
Monticello, MN 55362
Business Phone:
6126167648
License Fees:
Off Sale: $0.00 On Sale: $3,750.00 Sunday: $200.00
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Date
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
�— Minnesota Department of Public Safety
JJJ Alcohol & Gambling Enforcement Division
J a 445 Minnesota Street, 1600
t\4 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
3.2OFSL
Monticello
Target Corporation
Target Store T-2180
1447 E 7th Street
Monticello, MN 55362
7632711100
License Period Ending: 6/30/2021
Off Sale: $100.00 On Sale: $0.00 Sunday: $0.00
Iden: 22126
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties.
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
�-- Minnesota Department of Public Safety
a�')
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
ONSS
Monticello
Tdcambra Foods Inc.
License Period Ending: 6/30/2021
Cornerstone Cafe & Catering
154 W Broadway
Monticello, MN 55362
763-350-5208
Off Sale: $0.00
On Sale: $3,750.00 Sunday: $200.00
Iden: 66818
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes In ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
1. Licensee confines it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confines that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
Violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confines that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
If sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any stateAocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
0 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement _
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
ONSS
Monticello
License Period Ending: 6/30/2021
Triple Shift Entertainment LLC
River City Extreme
3875 School Blvd
Monticello, MN 55362
763-295-3390
Off Sale: $0.00 On Sale: $3,750.00
Sunday: $200.00
Iden: 71279
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. if ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below. -
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 in cash or securities or $310,000 surety bond maybe submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certfies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
651-201-7507
ca'—D RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
ONSS
Issuing Authority:
Monticello
Licensee Name:
VFW 8731
Trade Name:
Club Dorchester
Address:
713 S Cedar St
Monticello, MN 55362
Business Phone: 6122953792
License Fees: Off Sale: $0.00
License Period Ending: 6/30/2021
On Sale: $3,750.00 Sunday: $200.00
Iden: 1145
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's sianature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license pedod.Lioensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
Issued. $100,000 In cash or securities or $310,000 surety bond maybe submitted in lieu of liquor Iiability.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any statellocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
St Paul, Minnesota 55101
ce) 651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
3.2OFSL
Issuing Authority:
Monticello
Licensee Name:
Walmart Inc.
Trade Name:
Walmart #3624
Address:
9320 Cedar Street
Monticello, MN 55362
Business Phone: 7632959800
License Fees: Off Sale: $100.00
License Period Ending: 6/30/2021
On Sale: $0.00 Sunday: $0.00
Iden: 67711
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's sianature on this renewal confirms the following: Failure to report any of the following may result in civil penalties
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period In city/county where license is
Issued. $100,000 in cash or securities or $310,000 surety bond may be submitted in lieu of liquor liability.(3.2 liquor licenses are exempt
If sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature Date
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any stateflocal liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
Minnesota Department of Public Safety
Alcohol & Gambling Enforcement Division
445 Minnesota Street, 1600
0 St Paul, Minnesota 55101
651-201-7507
RENEWAL OF LIQUOR, WINE, CLUB OR 3.2% LICENSES
No license will be approve or released until the $20 Retailer ID Card fee is received by Alcohol and Gambling Enforcement
Licensee: Please verify your license information contained below. Make corrections if necessary and sign. City Clerk/County Auditor should
submit this signed renewal with completed license and licensee liquor liability for the new license period. City Clerk/County Auditor are also
required by M.S. 340A.404 S.3 to report any license cancellation.
License Code:
Issuing Authority:
Licensee Name:
Trade Name:
Address:
Business Phone:
License Fees:
ONSS
Monticello
License Period Ending: 6/30/2021
West River Restaurants Inc.
Chatters Restaurant & Bar
4181 Cedar St
Monticello, MN 55362
7632710070
Off Sale: $0.00
On Sale: $3,750.00 Sunday: $200.00
Iden: 22836
By signing this renewal application, applicant certifies that there has been no change in ownership on the above named licensee. For
changes in ownership, the licensee named above, or for new licensees, full applications should be used. See back of this application for
further information needed to complete this renewal.
Applicant's signature on this renewal confirms the following, Failure to report any of the followina may result in civil Densities
1. Licensee confirms it has no interest whatsoever, directly or indirectly in any other liquor establishments in Minnesota. If so, give details on
back of this application.
2. Licensee confirms that it has never had a liquor license rejected by any city/township/county in the state of Minnesota. If ever rejected,
please give details on the back of this renewal, then sign below.
3. Licensee confirms that for the past five years it has not had a liquor license revoked for any liquor law violation (state or local). If a
revocation has occurred, please give details on the back of this renewal, then sign below.
4. Licensee confirms that during the past five years it or its employees have not been cited for any civil or criminal liquor law violations. If
violations have occurred, please give details on back of this renewal, then sign below.
5. Licensee confirms that during the past license year, a summons has not been issued under the Liquor Liability Law (Dram Shop) MS
340A.802. If yes, attach a copy of the summons, then sign below.
6. Licensee confirms that Workers Compensation insurance will be kept in effect during the license period.Licensee has attached a liquor
liability insurance certificate that corresponds with the license period in city/county where license is issued.
Licensee has attached a liquor liability insurance certificate that corresponds with the license period in city/county where license is
issued. $100,000 In cash or securities or $310,000 surety bond may be submitted in lieu of liquor Ilabllity.(3.2 liquor licenses are exempt
if sales are less than $25,000 at on sale, or $50,000 at off sale).
Licensee Signature DOB SSN Date
(Signature certifies all above information to be correct and license has been approved by city/county.)
City Clerk/Auditor Signature Date
(Signature certifies that renewal of a liquor, wine or club license has been approved by the city/county as stated above.)
County Attorney Signature
County Board issued licenses only(Signature certifies licensee is eligible for license).
Police/Sheriff Signature Date
Signature certifies licensee or associates have been checked for any state/local liquor law violations (criminal/civil) during the past five years.
Report violations on back, then sign here.
City Council Agenda: 05/24/2021
2E. Consideration of adopting Resolution 2021-33 rescinding Resolution 2020-36 declaring
a health emergency
Prepared by:
Meeting Date:
❑ Regular Agenda Item
City Administrator
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Clerk
ACTION REQUESTED
Motion to adopt Resolution 2021-33 rescinding the City of Monticello Declaration of a Health
Emergency.
PREVIOUS COUNCIL ACTION
March 30, 2020: City Council adopted Resolution 2020-36 ratifying the Mayoral Proclamation
declaring a health emergency.
REFERENCE AND BACKGROUND
On March 27, 2020 former Mayor Stumpf declared a health state of emergency in the City of
Monticello. The declaration was deemed necessary to provide flexibility in response to the
COVID-19 pandemic. The City Council ratified the mayoral declaration 3 days later, and the City
has been operating within the latitude granted by the order for the last 14 months.
While COVID-19 remains a public health risk, staff believes the City can now adequately
respond to the threat without the added authority of the emergency order. Adjustments to
operations, service delivery, etc. no longer require immediate action and can be considered
within the standard process for City Council review.
As Governor Walz's State of Emergency remains in place, the City will continue to provide
flexible public meeting participation as appropriate as well as honor the temporary adjustments
City Council approved for certain ordinances and waiver of fees.
STAFF RECOMMENDED ACTION
City staff recommends rescinding the local emergency order. While COVID-19 remains a public
health crisis, staff believes standard City processes are adequate to respond to the pandemic.
SUPPORTING DATA
A. Resolution 2021-33
B. Resolution 2020-36
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2021-33
RESOLUTION RESCINDING RESOLUTION 2020-36 — DECLARATION OF HEALTH EMERGENCY
WHEREAS, on March 30, 2020, the City Council adopted Resolution 2020-36
declaring a health emergency due to COVID-19; and
WHEREAS, the City of Monticello understands that COVID-19 is still a public health
crisis and should be taken seriously; and
WHEREAS, the City of Monticello is able to make accommodations to enable it to
conduct its affairs in a safe manner; and
WHEREAS, the City of Monticello no longer needs emergency powers to operate
effectively and efficiently.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Monticello,
Minnesota, that Resolution 2020-36 declaring a local health emergency is hereby rescinded
effective immediately.
ADOPTED this 24th day of May, 2021, by the City Council of the City of Monticello,
Minnesota.
MONTICELLO CITY COUNCIL
:
ATTEST:
Jennifer Schreiber, City Clerk
1
Lloyd Hilgart, Mayor
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION 2020-36
RESOLUTION RATIFYING MAYORAL PROCLAMATION AND
DECLARATION OF HEALTH EMERGENCY
WHEREAS, the virus named "SARS-CoV-2," is a new strain of coronavirus that
has not previously been identified in humans and can easily spread from person to
person and which causes a disease named "coronavirus disease 2019," commonly
known as "COVID-19," which is a respiratory disease that can result in serious injury
or death; and
WHEREAS, COVID-19 has been identified by the World Health Organization as
a pandemic, and the United States Centers for Disease Control has provided guidance
for individuals, healthcare professionals, and businesses to slow the spread of COVID-
19; and
WHEREAS, on January 21, 2020 the first case of COVID-19 was detected in the
United States; on March 6, 2020 the first case of COVID-19 was detected in the State of
Minnesota; and
WHEREAS, on January 31, 2020, the United States Department of Health and
Human Services Secretary Alex Azar declared a public health emergency for COVID-
19, beginning on January 27, 2020; and
WHEREAS, on March 13, 2020, President Donald Trump declared that the
COVID-19 outbreak in the United States constitutes a National Emergency; and
WHEREAS, on March 13, 2020, Governor Tim Walz declared a Peacetime State
of Emergency to authorize and all necessary resources to be used in support of the
COVID-19 response; and
WHEREAS, on March 16, 2020 President Donald Trump issued additional
guidelines that called for Americans to avoid social gatherings of more than 10 people
and to limit discretionary travel; and
WHEREAS, on March 16, 2020 Governor Tim Walz issued Emergency Executive
Order 20-04 Providing for Temporary Closure of Bars, Restaurants, and Other Places
of Public Accommodation; and
WHEREAS, on March 25, 2020 Governor Tim Walz declared executive order 20-
20 "Stay at Home" for the period of March 27 — April 10, 2020 and
WHEREAS, as of March 27, 2020, there are three hundred forty-six (346) known
cases of COVID-19 and two (2) related death in Minnesota; and
WHEREAS, as of March 27, 2020, there are five (5) known cases of COVID-19 in
Wright County: and
WHEREAS, as of March 27 2020 the World Health Organization Situation Report
confirmed a total of 465,519 cases of COVID-19 in over 196 countries, including 21,031
deaths; and
WHEREAS, the City of Monticello's staff and elected officials have the need to
continue to prepare and to work diligently with local, state, and federal partners to
maintain situational awareness and respond to COVID-19; and
WHEREAS, additional local cases are likely to trigger a more aggressive public
health response and are predicted to impact residents of Monticello and those who
work in or travel through the City, including City employees; and
WHEREAS, the need for social distancing, the closing of schools, bars,
restaurants, and other places of public accommodation, and quarantine methods to
stop the spread of COVID-19 are expected to cause significant challenges; and
WHEREAS, the City Administrator and other City officials find that this
situation threatens the health, safety, and welfare of the citizens of the community and
will cause a significant impact on the ability of public safety personnel to address any
immediate dangers to the public as a result of COVID-19; and
WHEREAS, the City Administrator and other City officials find that traditional
sources of financial aid, assistance and relief will not be able to compensate for the
potential impact of COVID-19, and have determined that the necessary resources to
respond to and recover from this pandemic may exceed those resources available
within the City of Monticello, such that additional resources may be needed from other
sources.
NOW, THEREFORE, MAYOR BRIAN STUMPF OF THE CITY OF MONTICELLO
PROCLAIMS, DECLARES, REQUESTS, AND DIRECTS AS FOLLOWS:
1. Under the authority given by Minnesota Statutes, Section 12.29, declares
that a local emergency exists within the City of Monticello, effective 4:30
p.m. March 27, 2020, with all the powers and responsibilities attending
thereto as provided by Minnesota Statutes, Chapter 12.
2. Under the direction and coordination of the City Administrator, directs City
Staff to review ordinance and regulatory requirements, operations, civil and
legal proceedings, events, and resources to determine whether the foregoing
should be adjusted or suspended, and to make recommendations regarding
additional emergency regulations to support the employees and residents
of the City of Monticello.
3. Directs all City departments and offices to operate and support the response
to this incident, under the direction and coordination of the City
Administrator, including implementing new employee protocols,
strategies, and processes, to ensure that public services aremaintained.
4. Directs the City's Administrator and other appropriate City staff to request
and coordinate appropriate aid and resources from surrounding
jurisdictions, Wright County, the State of Minnesota, and the Federal
government, as needed.
5. Declares, under Minnesota Statues, Section 13D.021, that the closeness
of in-person meetings of the City Council, Planning Commission, and
other advisory commissions of the City of Monticello is not practical or
prudent due to the COVID-19 health pandemic and the peacetime
Emergency declared by Governor Walz pursuant to Minnesota Statutes,
Chapter 12; therefore, from and after March 27, 2020 meetings of the City
Council, Planning Commission, and other advisory commissions of the
City shall be conducted by telephone or other electronic means unless social
distancing of at least six feet between each person can be
maintained, and when necessary, City Staff is hereby directed to take such
action as may be needed to enable such meetings to occur via telephone or
other electronic means pursuant to Minnesota Statutes, Section 13D.021,
until such time as it is no longer impractical or imprudent for the City
Council, Planning Commission, and other advisory commission to
resume in-person meetings without said social distancing.
6. Requests that the City Council convene an emergency session at its earliest
convenience to discuss the situation and this declaration. This emergency
declaration shall continue for a period of three (3) days from its effective
date of March 27, 2020, unless further extended by or with the consent of
the City Council pursuant to Minnesota Statutes, Section 12.29, Subd. 1.
7. Orders that this declaration be given prompt and general publicity and that
it be filed promptly by the City Clerk/Administrator.
ADOPTED BY the Monticello City Council this 30th day of March, 2020.
CITY OF MONTICELLO
Brian Stumpf, Ma r
ATTEST:
Jeff O' , City Administrator
City Council Agenda: 05/24/2021
2F. Consideration of approving an updated facility hours schedule for 2021
Prepared by:
Meeting Date:
❑ Regular Agenda Item
City Administrator
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Clerk
ACTION REQUESTED
Motion to approve an updated facility hours schedule.
PREVIOUS COUNCIL ACTION
December 14, 2020: City Council approved city facility hours for 2021.
REFERENCE AND BACKGROUND
Every December City Council approves city facility business hours for the upcoming year. The
approval includes standard, summer, and holiday hours for city locations. Generally, any
modifications to the schedule require City Council approval; however, the 2020 emergency
order provided authority for modifications to business hours as related to the COVID-19
pandemic.
With the recommended rescission of the emergency order, staff requests to modify the 2021
schedule. Rather than the previously approved summer hours for the Monticello Community
Center, staff suggests maintaining the hours of operation currently in place through Labor Day.
The current hours are weekdays from 5:00 a.m. to 8:00 p.m. and weekends from 7:00 a.m. to
4:30 p.m. These hours are based on current staffing availability and peak usage times during the
summer months.
Pending adequate staffing levels, staff anticipates returning to pre -pandemic standard hours
after Labor Day.
STAFF RECOMMENDED ACTION
City staff recommends amending the schedule to align with the community center's current
hours of operation.
SUPPORTING DATA
A. Updated 2021 Schedule of City Facility Business Hours
ciTv of
Monticello 2021 SCHEDULE OF CITY FACILITY BUSINESS HOURS
2021 Standard Hours
City Hall
Public Works Office
DMV
Liquor Store
MCC
Monday - Thursday / Friday
Sam - 4:30pm
7:00am - 3:30pm
I
Sam - 4:30pm
I
gam - 8pm /
9am - 10pm
5am - 10pm/5am - 8pm
Saturday/ Summer Hours
Closed
Closed
Sam - 12pm
9am - 10pm
7am -9pm/7am-4:30pm
Sunday/ Summer Hours
Closed
Closed
Closed
11am - 6pm
7am-8pm/7am-4:30pm
2021 Holiday Hours
Holiday falls on:
City Hall
Public Works Office
DMV
Liquor Store
MCC
New Year's Eve
Thu
12/31/2020
Standard
Standard
Standard
Standard
Standard
New Year's Day
Fri
1/1/2021
Closed
Closed
Closed
9am - 6pm
7am - 8pm
Hi -Way Liquors Inventory
Sun
1/17/2021
Closed
Closed
Closed
Closed
Standard
Martin Luther King, Jr. Day
Mon
1/18/2021
Closed
Closed
Standard
Standard
Standard
Presidents Day
Mon
2/15/2021
Closed
Closed
Standard
Standard
Standard
Easter Sunday
Sun
4/4/2021
Closed
Closed
Closed
Closed
Closed
Memorial Day
Mon
5/31/2021
Closed
Closed
Closed
9am - 6pm
Closed
Independence Day
Sun
7/4/2021
Closed
Closed
Closed
9am - 6pm
Closed
Independence Day observed
Mon
7/5/2021
Closed
Closed
Standard
Standard
Standard
Labor Day
Mon
9/6/2021
Closed
Closed
Closed
9am - 6pm
Closed
Columbus Day
Mon
10/11/2021
Standard
Standard
Standard
Standard
Standard
Veterans Day
Thu
11/11/2021
Closed
Closed
Standard
Standard
Standard
Thanksgiving
Thu
11/25/2021
Closed
Closed
Closed
Closed
Closed
Day After Thanksgiving
Fri
11/26/2021
Closed
Closed
Standard
Standard
Standard
Christmas Eve/Christmas Day
Observed
Fri
12/24/2021
Closed
Closed
Closed
gam - 6pm
Sam - 2pm
Christmas Day
Sat
12/25/2021
Closed
Closed
Closed
Closed
Closed
New Year's Eve/New Year's
Day Observed
Fri
12/31/2021
Closed
Closed
Standard
Standard
Sam -8pm
New Year's Day
Sat
1/1/2022
Closed
Closed
Closed
9am - 6pm
7am - 9pm
Policy: Moditications require City Council approval. Decisions to close tacilities or change hours due to inclement weather, pandemic or other reasons will be made by
the city administrator after consultation with the department head and mayor.
FiberNet Monticello hours are available at www.fibernetmonticello.com.
2G. Consideration of adopting Resolution No. 2021-34 opting to participate in the Wright
County Economic Development Authority (EDA)
Prepared by:
Meeting Date:
❑ Regular Agenda Item
Economic Development Manager
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
Community Development Director
City Administrator
ACTION REQUESTED
Motion to approve Resolution No. 2021-34 authorizing opting to participate in the Wright
County Economic Development Authority (EDA).
REFERENCE AND BACKGROUND
City Council is asked to approve Resolution No. 2021-34 authorizing the City to participate in
the Wright County EDA for economic development activities. Wright County established an EDA
in November 2020 primarily to allow the County to effectively pursue redevelopment
opportunities of County -owned facilities.
At its May 12, 2021 meeting, the City of Monticello EDA reviewed the attached factsheet
outlining the Wright County EDA's mission and objectives. The factsheet indicates the County
EDA will be able to partner with local cities and townships to support broader economic
development efforts and specific projects as requested or needed. Occasionally, the size and
overall complexity of a project requires supporting partners to help make them viable. If a city
chooses to not participate in the County EDA, it cannot ask for assistance with a general effort
or specific project.
In the informational flyer, Wright County also indicated it does not currently intend to utilize
the statutory EDA tax levy as a funding source. It has stated it will use its general property tax
funding resources and seek grant opportunities to support the activities of its EDA.
If the City chooses to participate in the County EDA, there are provisions in state statute that
allow the City to withdraw from it in periodic time frames (5 -year review). According to the
policy established by Wright County, if the County EDA chooses to levy a property tax in the
future, the City retains the option to immediately withdraw participation in the County EDA
prior to the final approval of the levy.
STAFF RECOMMENDED ACTION
Staff recommends that the City Council follow the EDA recommendation for the City to
participate in the Wright County EDA for economic development activities. Wright County's
EDA does not intend to levy a property tax and will mainly focus on facilitating redevelopment
of County owned facilities and property. Given this scope, there should not be a conflict with
the mission of the City's EDA. Instead, the City may benefit from the County EDA's broader
support for local economic development efforts and specific projects which may be beneficial
to the City and City EDA. Similar information was also presented to the EDA by Wright County
Commissioner Darek Vetsch in late 2020.
The EDA attorney also reviewed the EDA statute and found minimal potential areas of conflict
between the City EDA and the County EDA.
SUPPORTING DATA
A. Resolution No. 2021-34
B. Letter regarding Wright County EDA formation and invitation to opt in
C. Wright County EDA fact sheet
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2021-34
RESOLUTION OPTING TO PARTICIPATE IN THE WRIGHT COUNTY ECONOMIC
DEVELOPMENT AUTHORITY
WHEREAS, the City of Monticello is located within Wright County, Minnesota; and
WHEREAS, pursuant to a resolution adopted by the Board of Commissioners of the
County on November 24, 2020, the County established the Wright Count Economic
Development Authority (the "EDA") in accordance with Minnesota Statutes, Sections
469.0900 through 469.1082, as amended; and
WHEREAS, Section 469.1082, subdivision 5 of the EDA Act provides that the area of
operation of the EDA shall include all cities and townships within the County that have
adopted resolutions electing to participate in the EDA; and
WHEREAS, the City Council of Monticello has determined that it is in the best
interests of the City to elect to participate in the EDA; and
WHEREAS, the City of Monticello may make an election to withdraw from
participation in the EDA every fifth year following the adoption on the resolution electing to
participate, all in accordance with the terms of Section 469.1082, subdivision 5 of the EDA
Act; and
WHEREAS, notwithstanding Section 469.1082, subdivision 5, if the EDA enacts and
EDA levy, the EDA will notify the City of Monticello of the enactment of such levy and the
City shall have the opportunity to withdraws its participation in the EDA prior to the levy
going into effect; and
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Monticello,
Minnesota, as follows:
1. The City of Monticello herby elects to participate in the EDA.
2. The election to participate in the EDA shall take effect on the date of adoption of
this approval and may only be withdrawn in accordance with Section 469.1082,
subdivision 5 of the EDA Act.
ADOPTED this 24th day of May, 2021, by the City Council of the City of Monticello,
Minnesota.
ATTEST:
Jennifer Schreiber, City Clerk
MONTICELLO CITY COUNCIL
m
2
Lloyd Hilgart, Mayor
WRIGHT00'a 'A"h
Lid
COUNTY
Economic
Development
Authority
Board Members
Darek Vetsch, President
Christine Husom, Vice -President
Mark Daleiden, Board Member
Mary Wetter, Board Member
Michael Koczmarek, Board Member
Teri Lachermeler, Board Member
Phil Kern, Board Member
Lee Kelly, Executive Director
10 2nd St. NW, Room 235
Buffalo, MN 55313
Ph: (763) 682-7378
Fax: (763) 682-6178
www.co.wright.mn.us
April 12, 2021
Rachel Leonard
City Administrator
City of Monticello
505 Walnut St
Monticello, MN 55362
Dear Rachel Leonard,
In November 2020, the Wright County Board established the Wright County
Economic Development Authority (EDA). Under state law, county EDAs may
operate only in cities and townships that have adopted resolutions electing to
participate in the EDA. The attached factsheet provides information on what the
Wright County EDA is, what it expects to do and not do, and what local participation
means. Information is also available online: www.co.wright.mn.us/1012/Economic-
Development-Authority
The EDA is requesting that each city and township in Wright County elect to
participate but understands that some entities may not see a need for development
activities and resources in their communities.
The EDA has prepared the attached sample resolution that your governing body can
edit and consider for adoption.
If your entity elects to opt into the FDA's area of operation, please send the fully
executed resolution to the contact below.
If your entity decides to opt out of the EDA's area of operation, please notify the
contact below:
Elizabeth Karels
Wright County Project Administrator
Direct: (763) 684-8604
Elizabeth.Karels@co.wright.mn.us
EDA board members and staff are available to attend city council and township
board meetings upon request for additional discussion. Please reach out to Elizabeth
Karels to schedule.
The EDA would appreciate receiving notice of all city and township
participation decisions no later than June 30, 2021.
Sincerely,
The Wright County Economic Development Authority
An Equal Opportunity Employer
AfR I HT COUNTY
C0NMIC DEVELOPMENT AUTHORITY
What is the Wright County Economic Development Authority?
The Wright County Economic Development Authority (EDA) is a local authority, a subdivision of Wright County
with the primary objective of shepherding economic growth within Wright County.
The EDA operates under the authority of Minnesota Statutes, Sections 469.090 through 469.1082.
How was the EDA established?
The formation of the EDA was recommended by an Advisory Committee which included city and township
representatives. The committee met in August and October 2020 and provided a report in November 2020.
In November 2020, The Wright County Board passed a resolution establishing the Wright County EDA.
What will the EDA do?
Facilitate and guide redevelopment of county owned properties.
County EDAs have much more legal authority to pursue the repurposing of public assets than do counties
themselves. The EDA will facilitate and guide the redevelopment of the current Government Center and
Health & Human Services Building located in Buffalo. These two properties are anticipated to be vacated by
Wright County staff at the end of 2021.
Partner with local communities.
The EDA will partner with local cities and townships as well as the Wright County Economic Development
Partnership (WCEDP) and support their efforts to achieve specific projects and advance broader initiatives.
Access state and federal resources.
The EDA will seek to access state and federal resources that are available mainly to larger public development
agencies.
EDA Board Members & Staff
Darek Vetsch, President
Christine Husom, Vice -President
Mark Daleiden, Board Member
Ph: (763) 682-7687
Ph: (763) 682-7697
Ph: (763) 682-7686
Darek.Vetsch@co.wright.mn.us
Christine.Husom@co.wright.mn.us
Mark.Daleiden@co.wright.mn.us
Mary Wetter, Board Member
Michael Koczmarek, Board Member
Teri Lachermeier, Board Member
Ph: (763) 682-7696
Ph: (763) 682-7685
Ph: (763) 464-4732
Mary.Wetter@co.wright.mn.us
Mike.Kaczmarek@co.wrighi.mn.us
teri.lachermeier@ci.buffalo.mn.us
Phil Kern, Board Member
lee Kelly, Executive Director
Elizabeth Karels, Project Administrator
Ph: (763) 972-0565
Ph: (763) 682-7377
Ph: (763) 684-8604
pkern@delano.mn.us
Lee.Kelly@co.wright.mn.us
Elizabeth.karels@co.wright.mn.us
What will the EDA NOT do?
The EDA does not intend to enact its own levy.
In establishing the EDA, the Wright County Board was clear that it has no intent for the EDA to levy its own
dedicated property tax. EDA activities will be funded with Wright County resources.
The EDA will be limited to economic development.
Although some county EDAs also exercise powers available to housing and redevelopment authorities (HRAs),
the Wright County FDA's powers are limited to economic development.
The EDA does not intend to lead any development projects except for the development of county owned
properties.
With its focus on partnering with local communities and the WCEDP to achieve their objectives, the EDA does
not expect to lead any projects other than the redevelopment of the Government Center and Health and
Human Services Building. The EDA's role will be to augment the resources that other entities are bringing to
advance projects throughout Wright County.
What does local participation mean?
Under state law, county EDAs may operate only in cities and townships that have adopted resolutions electing
to participate in the EDA.
Opting into the EDA
If a city or township chooses to opt into the EDA's area of operation, the entity will be included in the EDA's
area of operation.
Opting in does not impose any obligation, financial or otherwise on the participating city or township.
Opting in allows the participating city or township to take advantage of tools offered by the EDA, which may
include tax increment financing (TIF), tax abatement, business loan programs and grant programs.
Every five years, cities and townships having opted into the EDA may elect to withdraw, per Minnesota Statute,
Section 469.1082 Subdivision 5.
Opting out of the EDA
If a city or township chooses to opt out of the EDA's area of operation, the EDA is not allowed to assist any
development project in that community, even if requested by the city or township.
Future EDA levies
If the EDA ever decides to levy an EDA tax, all participating entities will have the option to withdraw from the
EDA and not be subject to the EDA levy.
Updated March 12, 2021
City Council Agenda: 05/24/2021
2H. Consideration of extending a lease agreement between the City of Monticello EDA and
the Citv of Monticello Parks Deaartment for 349 West Broad
Prepared by:
Meeting Date:
❑ Regular Agenda Item
PW Director/City Engineer
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
Parks Superintendent, Economic
City Administrator
Development Manager, Community
Development Director
ACTION REQUESTED
Motion to authorize staff to proceed with extending the lease agreement between the City of
Monticello EDA and the City of Monticello Parks Department.
PREVIOUS COUNCIL ACTION
December 10, 2018: Approved a 2 -year lease with an option for a 24 -month extension for 349
West Broadway to utilize the building for the Arts Initiative.
REFERENCE AND BACKGROUND
The Parks Department has been using the former Fred's Gas Station as a multi-purpose arts
programing and storage area since September 2018. The original lease agreement was
approved for two years with the option to extend the lease for two more years.
The EDA approved extending the lease at their May 12, 2021 meeting as there have been no
inquiries about the property within the last 23 months, and the MontiArts program has
continued to grow within the city. This site has been a key central hub location for the efforts
of that program.
In addition to this leased space, MontiArts has been temporarily using two EDA -owned
properties in Block 52 to provide more visibility for arts related projects. Currently, no leases
are applicable for those sites as they are temporary installations.
Budget Impact: The ongoing operation costs of this facility were estimated at
$3,000. The funding is budgeted annually through the Parks Department and is
expected to continue to cover costs for the extended lease term.
2. Staff Workload Impact: Minimal workload impacts to extend the lease.
3. Comprehensive Plan Impact: Continued support for MontiArts is identified in one
of the Monti2040 Values outlined in the plan, "A thriving arts and culture scene
that reflects the creativity of the community and supports a sense of place."
City Council Agenda: 05/24/2021
STAFF RECOMMENDED ACTION
City staff recommends approval to extend the lease agreement for 349 West Broadway.
SUPPORTING DATA
A. Lease Agreement
B. EDA Staff Report 5/12/2021
LEASE AGREEMENT
THIS LEASE AGREEMENT ("Lease") is made as of December LG, 2018, by and between
the City of Monticello Economic Development Authority, a Minnesota public body corporate and
politic ("Landlord") and the City of Monticello Parks Department ("Tenant").
1. Premises. In consideration of the rents and covenants contained herein, and subject to the
terms of this Lease, Landlord hereby leases to Tenant and Tenant hereby leases from Landlord that
real property which is described on the attached Exhibit A (the "Premises").
2. Acceptance of Premises. Tenant accepts the Premises in its present "as is" condition, but
subject to the terms and conditions of this Lease.
3. Term of Lease. This Lease shall be in force from September 1, 2018 through August 31,
2020, and may be terminated by the Landlord or the Tenant with 45 days' written notice. The
parties agree that the Lease may be extended by one additional period of 24 months upon mutual
agreement of the parties.
4. Rent. No rent shall by payable by Tenant to Landlord.
5. Quiet Enjoyment. If Tenant complies with all terms of this Lease, Tenant may use the
Premises for the term of this Lease.
6. Use of Premises. The Premises shall be used and occupied only for the purpose of a multi-
purpose arts programming craft shop and storage facility, in conformity with applicable ordinances
and governmental regulations.
7. Right of Entry. Landlord and Landlord's agents may enter the Premises at reasonable hours
to repair or inspect the Premises and perform any work that Landlord decides is necessary.
8. Assignment and Subletting by Tenant. Tenant may not assign this Lease, sublease the
Premises to any other party or permit any other party to use the Premises or any part of the Premises
without the prior written consent of Landlord. Any assignment or sublease without Landlord's
written consent will not be effective. Any such consent by Landlord shall not be a waiver of
Landlord's rights under this Section as to any subsequent similar action. If Tenant is a corporation,
company, partnership or otherwise is not a natural person, and there shall occur any change in the
identity of the parties who are the owners of such entity, or who have the power to participate in
the management of the affairs of such entity, then Tenant shall so notify Landlord in writing, and
Landlord may terminate this Lease by reason of any such event by written notice to Tenant given
at any time within sixty (60) days after receipt of the notice of change in identity from Tenant.
9. Sale of Premises by Landlord. Upon any sale of the Premises, and provided the purchaser
shall assume all obligations of Landlord under this Lease, Landlord shall thereupon be entirely
freed of all obligations of Landlord under this Lease arising from any act, omission or event
occurring after such conveyance. Upon such sale and the transfer of Landlord's interest under this
532501v1
Lease, Tenant agrees to recognize and attorn to such transferee, and Tenant agrees upon request to
execute and deliver documentation setting forth the provisions of this Section.
10. Utilities. Tenant shall timely pay for all utilities provided to the Premises during the term
of this Lease.
11. Maintenance and Repair. Tenant shall keep the Premises, including the parking area and
grounds, in reasonable repair during the term of this Lease and shall maintain the Premises in
compliance with applicable health and safety laws, all at Tenant's sole expense, including without
limitation repair or replacement of plumbing fixtures, water heater, furnace, and garage or entry
doors.
12. Real Estate Taxes and Assessments. Landlord shall pay all real estate taxes, including
installments of special assessments, which become payable during the term of this Lease.
13. Alterations. Tenant shall not change the heating, electrical, plumbing, ventilation or air
conditioning or make any other changes of or alterations to the Premises without the prior written
consent of Landlord. Any alterations made by Tenant must comply with applicable codes and
ordinances. Tenant may install its usual trade fixtures provided that they do not interfere with or
damage the structural, mechanical or electrical systems of the Premises. At the expiration or
termination of this Lease, Tenant shall promptly remove Tenant's trade fixtures and repair at its
own expense any damage to the Premises resulting from their installation or removal.
14. Surrender of Premises. Tenant shall vacate the Premises at the expiration or termination
of this Lease and all alterations, additions, improvements and fixtures (other than Tenant's trade
fixtures and signs) which have been made or installed by Tenant shall remain as part of the
Premises and shall be the sole property of Landlord. When Tenant vacates the Premises, Tenant
shall leave the Premises in as good condition as it was when the Lease started, with the exception
of reasonable wear and tear. If the Premises are not so surrendered, Tenant shall indemnify
Landlord against loss, liability or expense resulting from delay by Tenant in so surrendering the
Premises or failure to leave the Premises in the condition required under this Lease including, but
not limited to, claims made by any succeeding tenant founded on such delay. Tenant shall
surrender all keys to Landlord at the time Tenant vacates the Premises.
15. Damage to Premises. If the Premises are destroyed or damaged not due to the fault of
Tenant or Tenant's guests, invitees or customers, and the Premises is unfit for use as a commercial
establishment, Tenant shall not be required to pay rent for the time the Premises cannot be used.
If part of the Premises cannot be used, Tenant shall only pay rent for the usable part. If the
Premises are damaged or destroyed and the cost of repairing the Premises would exceed 30% of
their pre -casualty value (exclusive of land), then Landlord may terminate this Lease within 30 days
of the casualty by written notice to Tenant and may elect not to rebuild or repair the Premises, and
the rent and other obligations of Tenant under this Lease shall be prorated up to the time of the
casualty. If this Lease is not terminated pursuant to this Section, then Landlord shall proceed with
reasonable diligence to repair and restore the Premises.
16. Insurance.
2
532501v1
A. Tenant shall purchase, in advance, and carry in full force and affect the following
insurance:
(1) "All risk" property insurance covering the full replacement value of all of
Tenant's leasehold improvements, trade fixtures, inventory and personal property
within or about the Premises, covering damage from any cause whatsoever; and
(2) Comprehensive general public liability insurance naming both Landlord
and Tenant as insureds, covering all acts of Tenant, its employees, agents,
representatives and guests on or about the Premises, containing a contractual
liability endorsement, in a combined single limit amount of not less than
$1,000,000, and written on an "occurrence" basis.
B. Landlord shall purchase, in advance, and carry in full force and effect commercial
property insurance for the full insurable value of the Premises.
17. Risk of Loss; Premises Liability. Landlord shall have no liability to Tenant for any claim
relating to injury to or loss of life of persons, or for any damage to, theft of or other loss of property
of Tenant on the Premises, by whatever cause. All personal property kept, maintained, or stored
on the Premises shall be kept, stored, or maintained at the sole risk of the Tenant. Tenant shall
indemnify Landlord from and against all claims of other parties arising from or relating to injury
or loss of life of persons, or damage to or loss of property, to the extent occurring in or about the
Premises, or arising from Tenant's negligence or intentional misconduct. The said indemnification
shall include the duty to pay all reasonable attorneys' fees and costs incurred by Landlord and shall
survive the termination or expiration of this Lease.
18. Waiver of Claims and Subrogation. Notwithstanding any other provision in this Lease to
the contrary, Landlord and Tenant hereby release one another from any and all liability or
responsibility (to the other or anyone claiming through or under them by way of subrogation or
otherwise) for any loss or damage covered by the insurance required by the Lease, even if such
loss or damage shall have been caused by the fault or negligence of the other party, or anyone for
whom such party may be responsible.
19. Condemnation. If any part of the Premises is taken or condemned for a public or quasi -
public use, or any transfer made in lieu of condemnation, and a part of the Premises remains which
is suitable for the use contemplated by this Lease, this Lease shall terminate only as to the part so
taken and shall continue in full force as to the remaining part. The date of termination as to a part
so taken shall be the date on which the condemnor takes title. The rent payable after that date shall
be adjusted so that Tenant shall pay only such portion of the rent as the value of the part remaining
bears to the total value of the Premises on the date of the taking. If all of the Premises is taken or
condemned, or so much is taken that the use by Tenant shall be substantially impaired, Tenant may
terminate this Lease by written notice to Landlord, and all obligations of Tenant shall be prorated
as of the notice of termination. All compensation awarded upon any condemnation or taking shall
go to Landlord.
3
532501v1
20. Default. If Tenant shall violate any covenant made by Tenant in this Lease and shall fail
to comply or begin and diligently prosecute compliance within 15 days after being sent written
notice of such violation by Landlord, then Landlord may, at Landlord's option, terminate this
Lease by giving Tenant a written notice of termination, and in such event Tenant shall immediately
vacate and surrender the Premises. A termination of this Lease by Landlord as a result of a default
by Tenant shall not, however, extinguish the liability of Tenant for all rents and covenants provided
for in this Lease for the balance of the term of this Lease. After any such termination, Tenant shall
pay to Landlord on demand all expenses incurred by Landlord in performing any of Tenant's
obligations under this Lease, re-entering or terminating the Lease, reletting the Premises, collecting
sums due and payable by Tenant, and the expense of placing and keeping the Premises in good
order and repair.
21. Heirs and Assigns. The terms of this Lease apply to Tenant and Landlord, and also to any
heirs, legal representatives, successors and assigns of Tenant or Landlord.
22. Notices. All notices, demands and requests by either party to the other shall be in writing
and shall be deemed given when sent by United States Certified Mail, postage prepaid
(a) if for Tenant, addressed to Tenant at the address of the Premises, or such other place
as Tenant may from time to time designate by written notice to Landlord; or
(b) If for Landlord, addressed to Landlord at such place as Landlord may from time to
time designate by written notice to Tenant. Notices shall also be deemed given if and when
delivered to the other party in person.
23. Environmental Requirements. Tenant shall comply with all laws, governmental standards
and regulations applicable to Tenant or the Premises in respect to occupational health and safety,
hazardous waste and substances and environmental matters. Tenant shall promptly notify
Landlord of its receipt of any notice of a violation of any such law, standard or regulation. Tenant
agrees to indemnify and hold Landlord harmless from all loss, costs, damage, claim and expense
incurred by Landlord on account of Tenant's failure to perform the obligations of this provision.
The obligations of Tenant under this provision shall survive the expiration or termination of this
Lease as to any such loss, cost, damage, claim and expense attributable to or arising out of activities
or misfeasance of Tenant during the term of this Lease or its extension or renewal.
24. Landlord's Disclaimer of Warranty. Landlord disclaims any warranty that the Premises
are suitable for the Tenant's use.
25. Relationship of Landlord and Tenant. The Lease does not create the relationship of
principal and agent or of partnership or of joint venture or of any association between Landlord
and Tenant, the sole relationships between the parties hereto being that of Landlord and Tenant
under this Lease.
26. Waiver. No waiver of Landlord's remedies upon the occurrence of an Event of Default
shall be implied from any omission by Landlord to take any action on account of such Event of
Default, and no express waiver shall affect any Event of Default other than the Event of Default
specified in the express waiver and such an express waiver shall be effective only for the time and
4
5325010
to the extent expressly stated. One or more waivers by Landlord shall not then be construed as a
waiver of a subsequent Event of Default.
27. Choice of Law. The laws of Minnesota shall govern the validity, performance and
enforcement of this Lease.
28. Time. Time is of the essence in the performance of all obligations under this Lease.
[Remainder of this page is intentionally left blank.]
5
532501v1
IN WITNESS WHEREOF, the parties hereto have executed this Lease in the manner
sufficient to bind them as of the day and year first above written.
LANDLORD
CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY
BJIV4
Its: President�)
TENANT
CITY OF ONTICELLO PARKS DEPARTMENT
By:
Its:
S-1
532501v1 MNI MN325-31
EXHIBIT A
PREMISES
The South V2 of Lots 1, 2, and 3, in Block 50, Townsite of Monticello, according to the plat on
file and of record in the office of the Register of Deeds in and for Wright County, Minnesota;
Said South V2 of Lots 1, 2, and 3, Block 50, can also be described as follows: Beginning at the
mid -point on the common line between Lots 3 and 4, in said Block; thence Southerly along
said common line 82.5 feet to the Southerly line of said Block (being the Southeast corner of
said Lot 3); thence Westerly along the Southerly line of Lots 3, 2 and 1 for a distance of 99
feet to the Southwest corner of Lot 1; thence Northerly along the Westerly line of Lot 1 for a
distance of 82.5 feet; thence straight Easterly 99 feet to the point of beginning and there
terminating.
Subject to existing easements, restrictions and reservations of record, if any.
A-1
532501vl MNI MN325-31
EDA: 05/12/21
4c. Consideration of Authorizing Staff to proceed with documentation to extend Lease
Agreement between the City of Monticello Parks Department and the City of
Monticello EDA for 349 West Broadway (JT)
A. REFERENCE AND BACKGROUND:
This item is to ask the EDA to consider authorizing staff to proceed with documentation
steps extending the existing Lease Agreement between the City of Monticello Parks
Department and the City of Monticello EDA for property located at 349 West Broadway.
The Parks Department has been using the former Fred's Gas Station as a multi-purpose
arts programing craft shop and storage area since September 2018. The original lease
agreement was approved for two years with the option to extend the lease for two
more years. The lease is attached to the staff report.
There have been no other inquiries about the property in the past 32 months. The Parks
Department has been able to use the facility for arts projects and as a gathering place
for artistic themed activities and expression in that time.
No provisions in the Lease Agreement are proposed to be changed with the extension.
As a reminder, the Parks Department is responsible for all operating and maintenance
costs at the property as spelled out in the lease. These include building and system
maintenance and repair costs, all utility expenses, i.e. water, sewer, garbage, heat,
electrical and internet.
Further, the EDA will note that item #13 of the Lease Agreement provides for EDA
approval on other improvements to the building on the part of the lessee, such as
exterior alterations or major repairs in the interior of the building and its systems.
Storage is not allowed in the CCD zone without a CUP. Outdoor Sales & Display is a
permitted accessory use subject to the specific requirements of the ordinance.
Since the original term of the lease has already passed, the extension time frame would
an additional 16 months, through August 31, 2022.
Since late fall of 2020, the Parks Department/MontiArts has also been using two more
EDA -owned properties in Block 52 on a temporary basis to provide more visibility for
arts related projects. At this time, no leases are applicable for those sites as they are
temporary installations without active use.
A1. STAFF IMPACT: The impact of extending the lease is modest. In-house staff have
been involved in the lease extension discussion and no additional staff are required to
complete this task.
A2. BUDGET IMPACT: The expenses related to extending the lease agreement are
minimal and are budgeted in the EDA General fund.
B. ALTERNATIVE ACTIONS:
EDA: 05/12/21
1. Motion to authorize staff to prepare the Lease Agreement addendum between
the Parks Department and the EDA for property located at 349 West Broadway
extending the term for 16 months and/or a resolution for same and presenting
to the EDA for consideration at a future meeting.
2. Motion to deny authorizing staff to prepare the Lease Agreement addendum
between the Parks Department and the EDA for property located at 349 West
Broadway extending the term for 16 months and/or a resolution for same and
presenting to the EDA for consideration at a future meeting.
3. Motion to table consideration of extending the Lease Agreement between the
Parks Department and the EDA for further research and/or discussion.
C���e���:TX�L�I► i► I�►I Z��[�I►A
Staff recommends Alternative 1. The Parks Department is using the former vacant gas
station in a creative manner for arts related activities and projects. There have not been
any other private sector inquiries regarding the building since the Parks Department
(Monti Arts programming) began operating at the property in September 2018.
D. SUPPORTING DATA:
a. Lease Agreement
b. EDA Staff Report 08/08/18
2
City Council Agenda: 05/24/2021
21. Consideration of approving closure of a portion of Hart Boulevard from 7:00 a.m. —
1:00 p.m. on Saturday, June 12, 2021
Prepared by:
Meeting Date:
❑ Regular Agenda Item
Community Development Director
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
Wright County Sheriff's Office, MCC
City Administrator
Programs & Operations Manager,
Public Works Director/City Engineer
ACTION REQUESTED
Motion to approve closure of a portion of Hart Boulevard from 7:00 a.m. to 1:00 p.m. on
Saturday June 12, 2021 for Walk & Roll activities.
REFERENCE AND BACKGROUND
Walk & Roll 2021 is occurring on Saturday, June 12, 2021. In conjunction with the event, Council
is asked to authorize the closure of Hart Boulevard from just east of the Mississippi Shores
entrance to the Wastewater Treatment Plant at the intersection with CSAH 75/Broadway. The
2021 Walk & Roll event route begins and ends at the Monticello Middle School.
Closure of the street to through traffic allows resident traffic into the area but limits other
vehicular traffic during the event. Pathway partner locations and other activities are planned in
this portion of Hart Boulevard during the event. Through traffic is typically limited due to the
existing street configurations in the area.
Closures will be coordinated with the Public Works Department and Wright County Sheriff's
Office. Residents in and along this area have also been notified of the closure to through traffic.
1. Budget Impact: None.
2. Staff Workload Impact: Streets/Parks Department assistance prior to the event
for signing and barriers required for the closure.
3. Comprehensive Plan Impact: This Walk & Roll event request supports several
Monticello 2040 Value statements, including:
• Celebrating Monticello's parks and pathways
• Embracing the Mississippi River
• A healthy community focusing on wellness
• An inclusive community welcoming all
City Council Agenda: 05/24/2021
STAFF RECOMMENDED ACTION
City staff recommends approval of the limited closure of Hart Boulevard as noted.
SUPPORTING DATA
A. Aerial Image
B. 2021 Walk & Roll Map
'14 iF
75
IN
RUUTE
c
A
Check in at the Chamber Booth in the Middle
School Parking Lot to obtain your pathport. Then
visit the pathway partner locations along the route
as shown to get your pathport stamped. Finish the
route back in the middle school parking lot and
have your pathport validated at the MCC booth.
You must have a minimum of 20 stamps in your
pathport to enter. Once validated, you may enter
your name into the drawing to win a brand new
bicycle! The bike drawing will be held on Facebook
Live at 6:30 p.m. at MontiArts (located on West
Broadway) during their Open Mic Night! Tune in to
watch online or visit MontiArts on Broadway to
watch live in person! The winners will have the
opportunity to claim their new bike at the Farmers
Market on Thursday, June 17 from 3:30-7:00 p.m.
C41
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SATURDAY . JUNE 12
9AM-12 PM
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BIKE DRAWING
f LIVE
6:30 PM
MontiArts
FARMERS MARKET
ARM WTN*M
Visit ft Fri I WlA&
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from 3:30 - 7:00 �n�
to cUin 4ovr prise!
City Council Agenda: 05/24/2021
2J. Consideration to approve a temporary waiver of Construction Activities Noise
regulations, City Code 130.09(3) for Hoffman Construction, Inc for the 1-94 Expansion
Project.
Prepared by:
Meeting Date:
® Regular Agenda Item
Community Development Director
05/24/2021
❑ Consent Agenda Item
Reviewed by:
Approved by:
Project Engineer, City Engineer/Public
City Administrator
Works Director, City Clerk
ACTION REQUESTED
Approve a temporary waiver of Construction Activities Noise regulations, City Code 130.096
and 130.09.C(3), to permit concrete crushing/reclamation activity 24 hours/day, Monday
through Saturday through September 1, 2021 along the 1-94 ROW within city limits unless a
significant number of complaints are received during construction. Approval is subject to
written notification to surrounding property owners.
REFERENCE AND BACKGROUND
Hoffman Construction, a contractor assigned to the 1-94 Expansion project, has requested
consideration of a waiver of noise regulations and work hours for the 1-94 Monticello to
Clearwater expansion project. The supplied narrative requests waiver for continuous day and
night concrete crushing operations Monday through Saturday until September. Per the aerials
provided by the contractor, the reclamation work is at this time focused on the west -bound
lanes.
A portion of the proposed construction area is directly adjacent to residential property. To
address resident concerns, Hoffman has indicated that they will provide written notice of the
activity and a direct contact for resident concerns. A draft of the letter is provided as
supporting data.
At the time of this report, Hoffman had not provided decibel level/comparable sound
information. Staff has requested that Hoffman representatives be prepared to discuss this item
with the Council, along with an alternative schedule proposal. Staff also plans to request that
crushing/reclamation be limited at night within the areas with residential properties adjacent to
the 1-94 ROW that currently aren't protected by a sound wall.
Council has previously considered and approved similar construction activity adjustments for
public improvement projects. These have included nighttime construction activities.
Budget Impact: None.
II. Staff Workload Impact: Limited to review of request and preparation of report.
City Council Agenda: 05/24/2021
III. Comprehensive Plan Impact: Not directly applicable.
STAFF RECOMMENDED ACTION
City staff recommends approval of the waiver. Staff's recommendation considers both the
impact to adjacent residential properties and completion of the public improvement project in
a shorter amount of time, limiting overall construction impact.
SUPPORTING DATA
A. Aerial Site Image/Project Area
B. Request Narrative
C. Draft Letter to Property Owners
D. City Code 130.09B and C(3)
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HOFFMAN CONSTRUCTION CO.
123 CTH A
Black River Falls, WI 54615
Phone (715) 284-2512 Fax (715) 284-9698
www.hoffmanconstructionco.com
May 18, 2021
City Administrator
505 Walnut Street
Monticello, MN 55362
Night Operations
State Project No. 8680-173
1-94 Monticello to Clearwater
Wright County
City Administrator,
Hoffman Construction Co. is requesting to work night hours on the 1-94 Monticello to
Clearwater Design -Build Project. Due to the large amount of material that needs to be processed and
the overall scope of the project, both day and night work is required to meet project deadlines. Our
work will consist of crushing the existing pavement and producing recycled base material to be used
within the project. Our typical crushing operation will be continuous day and night work beginning
Mondays at 6:00am until Saturday afternoon. To mitigate the noise, HCC will point equipment away
from the Right of Way and keep the crusher on the existing grade to centralize the equipment within the
project. All equipment will be equipped with OSHA approved ambient backup alarms and we will keep
our operation congregated to reduce the amount of area that we are causing noise. Our track crushers
also have multiple water tanks and spray nozzles to minimize dust control while in motion. If the spray
nozzles are not sufficient, we will water the recycle pile prior to crushing to better improve dust control.
In addition to this letter, a notice will be sent to the homes and businesses within 500 LF of our
proposed working zone, explaining the times and dates of the crushing operation. The expected
duration of night construction is June Vt — September 19th, 2021. Each supervisor that will be working
the night shift will complete the "MnDOT Noise Mitigation for Night Construction". Jason Ivers will be
named the Night contact: (715) 533-2331. In the event that the night contact changes, the new
supervisors name, contact information, and a copy of their certification will be forwarded to MnDOT
prior to night operations taking place. Do not hesitate to contact HCC representatives with any
questions or concerns.
Respectfully submitted,
Hoffman Construction Company
Hoffman Construction Company Is An Equal Opportunity Employer.
HOFFMAN CONSTRUCTION CO.
111115
123 CTH A
Black River Falls, WI 54615
www.hoffmanconstructionco.com
5/20/2021
1-94 Resident/ Business
Monticello to Clearwater Project
Night Operations
State Project No.8680-173
Wright County
To whom it may concern,
Hoffman Construction Company (HCC) plans to work night hours on the 1-94 Monticello to
Clearwater Construction Project. It was determined that night work is required due to the scope of the
project. The majority of our night work will include crushing recycle material generated from within the
project. Our typical crushing operation will be continuous day and night work beginning Mondays at
6:00am until Saturday afternoon. To mitigate the noise, HCC will point equipment away from the Right
of Way and keep the crusher on the existing grade to centralize the equipment within the project. All
equipment will be equipped with OSHA approved ambient backup alarms and we will keep our
operation congregated to reduce the amount of area that we are causing noise.
The expected duration of night construction is June 1st — September 19th, 2021. The crushing
operation with be a slow-moving group of equipment, crushing up the existing concrete and asphalt
along the west -bound roadway. HCC will have a designated night supervisor certified with the "MnDOT
Noise Mitigation for Night Construction" training. The night supervisor will be on site at all times and
ensure any issues related to Night Construction are immediately addressed.
Thank you for your cooperation,
Hoffman Construction Company
Hoffman Construction Company Is An Equal Opportunity Employer.
5/7/2021
§ 130.09 NOISE.
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(A) Purpose. It is recognized that loud, unpleasant, raucous, or prolonged noise has a harmful, debilitating, and detrimental effect upon
human beings, adversely affecting their mental and physical health, safety, and well being. Loud, unpleasant, raucous, or prolonged noise is
hereby declared to be a public nuisance. In an endeavor to provide for the mental and physical health, safety, and well being and for
peaceful repose of the citizens and neighborhoods of the city, it is hereby declared to be in the public interest that loud, unpleasant, raucous,
and unnecessary or prolonged noise be abated.
(B) Prohibited noise. The following are declared to be nuisances affecting public health, safety, peace, or welfare:
(1) Any distinctly and loudly audible noise that unreasonably annoys, disturbs, injures, or endangers the comfort, repose, health, peace,
safety, or welfare of any person, or precludes his or her enjoyment of property, or affects his or her property's value in such a manner as to
be plainly audible at the boundary of the real property, building, structure, or residence from which the noise originates, or at a distance of 50
feet from the source of the noise. (This general prohibition is not limited by any specific restrictions provided in this section). PLAINLY
AUDIBLE is defined as sound that can be detected by a person using their unaided hearing faculties;
(2) All obnoxious noises, motor vehicle or otherwise, in violation of Minn. Rules. Ch. 7030, as it may be amended from time to time, are
hereby incorporated into this section by reference;
(3) The use of any vehicle so out of repair or so loaded as to create loud and unnecessary grating, grinding, rattling, or other noise;
(4) The discharging of the exhaust or permitting the discharge of the exhaust of any stationary internal combustion engine, motor boat,
motor vehicle, motorcycle, all terrain vehicle (ATV), snowmobile, or any recreational device, except through a muffler or other device that
effectively prevents loud or explosive noises therefrom and complies with all applicable state laws and regulations;
(5) Any loud or excessive noise in the loading, unloading, or unpacking of any vehicle; and
(6) The use or operation, or permitting the use or operation, of any radio receiving set, television set, musical instrument, music device,
paging system, machine, or other device for producing or reproduction of sound in a distinctly and loudly manner so as to disturb the peace,
quiet, and comfort of any person nearby.
(C) Hourly restriction of certain operations.
(1) Domestic power equipment. No person shall operate a power lawn mower, power hedge clipper, chain saw, mulcher, garden tiller,
edger, drill, or other similar domestic power equipment, except between the hours of 7:00 a.m. and 10:00 p.m. Snow removal equipment is
exempt from this provision.
(2) Refuse hauling. No person shall collect or remove garbage or refuse in any residential district, except between the hours of 6:00
a.m. and 10:00 p.m. on any weekday or between the hours of 9:00 a.m. and 9:00 p.m. on any weekend or holiday.
(3) Construction activities. No person shall engage in or permit construction activities involving the use of any kind of electric, diesel, or
gas -powered machine or other power equipment, except between the hours of 7:00 a.m. and 10:00 p.m.
(4) Radios, music devices, paging systems, and the like. The operation of any device referred to in division (13)(6) above between the
hours of 10:00 p.m. and 7:00 a.m. in a manner so as to be plainly audible at the property line of the structure or building in which it is
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located, or at a distance of 50 feet if the source is located outside a structure or building shall be prima facie evidence of a violation of this
section.
(D) Noise impact statements. The City Council may require any person applying for a change in zoning classification or a permit or
license for any structure, operation, process, installation, alteration, or project that may be considered a potential noise source to submit a
noise impact statement on a form prescribed by the Council. The Council shall evaluate each statement and take its evaluation into account
in approving or disapproving the license or permit applied for or the zoning changes requested.
(E) Enforcement. A peace officer may order all persons present in any group or gathering from which such noise emanates or other than
the owners or tenants of a dwelling unit to immediately disperse from the party in lieu of being charged under this section. Refusal to
disperse is a violation of the section.
(F) Street noise. No person between the hours of 7:00 p.m. and 7:00 a.m. shall operate a radio, stereo, tape player, or any other
mechanical device other than an automobile engine on the highways, streets, parking lots, alleys, sidewalks, or other public property within
the city which is audible at a distance of 25 feet.
(G) Engine brakes and compression brakes unlawful. It shall be unlawful within the city for the driver of any vehicle to use or operate or
cause to be used or operated any engine brake, compression brake or mechanical exhaust device designed to aid in the braking or
deceleration of any vehicle which results in the excessive, loud, unusual, or explosive noise from such vehicle.
(Prior Code, § 6-1-10) (Ord. 745, passed 8-10-2020) Penalty, see § 130.99
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City Council Agenda: 05/24/2021
2K. Consideration of authorizing the purchase of two -post vehicle lift from Mohawk Lifts
for a total of $17,036.36.
Prepared by:
Meeting Date:
❑ Regular Agenda Item
PW Director/City Engineer
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
Mechanic, Finance Director
City Administrator
ACTION REQUESTED
Consideration of authorizing the purchase of a two -post vehicle lift from Mohawk Lifts for a
total cost of $17,036.36.
REFERENCE AND BACKGROUND
The Public Works Department currently has two vehicle lifts. One is an in -ground two post lift
that can lift 50,000 pounds, which is large enough for the city's fleet except for some of the fire
trucks. The other hoist is an above ground two -post lift that is rated for 9000 lbs. This second
lift is too small to lift anything larger than a % ton vehicle. There are currently 12 vehicles in the
city's fleet that exceed this limit.
Staff recommends authorizing replacing the smaller lift to provide more versatility in
operations, allowing other equipment to be worked on while a larger project may have a lift
tied up waiting for parts, etc. The requested purchase will also allow staff to leave the larger in -
ground hoist set-up primarily for the large dump trucks, utilizing the new lift for all the other
equipment.
If the purchase is approved, the existing lift would be moved to the parks department facility
where it would be used primarily for repairing mowers and utility vehicles.
I. Budget Impact: The 2021 budget includes $40,880 for building and systems
repair and maintenance in the shop and garage budget which would be utilized
for this purchase.
II. Staff Workload Impact: Improve efficiencies by eliminating the need to convert
the in -ground lift from the set-up required for large dump trucks to smaller 1 -ton
and over vehicles.
STAFF RECOMMENDED ACTION
City staff recommends approval to purchase a two -post vehicle lift from Mohawk lifts for a total
cost of $17,036,36.
SUPPORTING DATA
• Quotes
dj== MOHAWK urTS
"America's Best Lift Investment"
VENDOR: MOHAWK RESOURCES LTD
65 Vrooman Ave, PO Box 110
Amsterdam, NY 12010
518-842-1431 or 800-833-2006
Contact: Matt Barthel
BUYER: City of Monticello
909 Golf Course Rd
Monticello MN 55362
Page 2 of 2
QUOTE
Page 1 of 2
QUOTE NO:
QUOTE DATE: 4/27/21
EXPIRES IN 30 DAYS
For purchase using
Sourcewell (NJPA) Contract
#013020 -MRL
04/14/2020-04/13/2024
SHIPPING METHOD
SHIPPING TERMS
LEADTIME
PAYMENTTERMS
Best Way
FOB Destination, Freight Prepaid
xx Days ARO
Net 30
ITEM #
DESCRIPTION
QTY
UNIT PRICE
LINE TOTAL
016-000-002
TP-16-3SA-16,0001b Cap 2 -Post 3 stage -arms
1
$15874.04
$15874.04
601-440-017
Weight Indicating Pressure Gauge (LMF-12,
TP -16, TP -18, ML220) 4 Diameter *optional*
1
$162.32
$162.32
NOTES: SUBTOTAL
Freight
Installation
Sales Tax (If Applicable)
TOTAL
$16036.36
$1000.00
$17036.36
This is a quotation for the above named equipment subject to the terms and conditions on the following page.
THANK YOU FOR YOUR BUSINESS!
Page 2 of 2
TERMS AND CONDITIONS OF THE SALE
This order is subject to the general terms and conditions and warranty terms found at
www.govlifts.com/sourcewell and www.mohawklifts.com/warranty.
DELIVERY AND INSTALLATION
➢ A fork truck must be supplied by the customer to unload the equipment from the freight carrier at
time of delivery and for installation of the lift. If not available, please inquire for other options.
➢ The customer is responsible for inspecting all items at the time of delivery and before signing the
delivery receipt, freight bill, or bill of lading. Should the customer determine at the time of delivery
that any items are damaged or missing, the customer must note the item, discrepancy, or condition
on the delivery receipt, freight bill, or bill of lading.
➢ Mohawk is not responsible for missing or damaged items when the customer has signed they are in
good condition. If any damage to the lift or missing parts or pieces is noted by the installer at the
time of installation, it will be the customer's financial responsibility to replace the damaged or
missing parts.
➢ The quoted installation price is for standard installation and does not include any unforeseen
circumstances such as plumbing, electrical, in -ground hot water heat, rebar, steel structures, drains,
or drain slopes in the existing floor.
➢ The quoted installation price does not include electrical hook-up or any concrete work that may be
required. Electrical and concrete work must be performed prior to the scheduled installation date.
➢ The quoted installation price is subject to change if the lift is unable to be installed within 30 days
after receipt, if the lift is not in new condition, or if shop conditions (lack of adequate concrete, no
electrical service, etc) prevent scheduled installation and requires additional return trips.
➢ Any and all permits, brokerage fees, duties, and sales tax are the responsibility of the customer.
Signature:
Name (printed):
Acknowledged and Accepted by:
Date:
Title:
Phone: Email:
BENCO EQUIPMENT QUOTE
AUTOMOTIVE & INDUSTRIAL
ST CLOUD, MN 320-267-6648
FARGO, ND 701-298-8221
SERVICE EQUIPMENT
BISMARCK, ND 701-221-4217
SHAKOPEE, MN 952-233-1490 +♦
www.bencoequipment.com TOLL FREE: 888-799-8083 FAX: 952-233-1481
QUOTE: DATE: 5/12/2021 CONTACT PERSON: PO#
CUSTOMER: Matt Barthel
ADDRESS: City of Monticello
CITY. Monticello I STATE: m ZIP CODE:
PHONE: 763-370-3438 CELL# FAX# E-MAIL ADDRESS Matt.Barthel@ci.monticello.mn.us
AREA CODE TELEPHONE NUMBER
ITEM # QTY DESCRIPTION UNIT PRICE LINE TOTAL
Spol6cargo 1 Rotary 2 post 16k $ 15,399.00 $ 15,399.00
1 Incoming Freight $ 890.00 $ 890.00
1 oil
$ 65.00 $ 65.00
1 Install
$ 950.00 $ 950.00
1 mileage
$ 50.00 $ 50.00
1 shop supplies
$ 20.00 $ 20.00
$
***Quote does not include applicable state & local taxes**** SHOP SUPPLIES:
MILEAGE:
FREIGHT (Estimated):
LABOR TOTAL: $
CUSTOMER SIGNATURE DATE
RENTAL: $ -
SUBTOTAL: $ 17,374.00
TAX CITY & STATE:
BENCO REPRESENTATIVE DATE
TOTAL DUE: $ 17,374.00
THIS QUOTE IS GOOD FOR 30 DAYS FROM DATE CUSTOMER SIGNS ABOVE.
BENCO IS NOT RESPONSIBLE FOR CONNECTING TO ELECTRICAL, A CERTIFIED ELECTRICIAN MUST DO.
LUBE •TECH®
Accelerating Performance
Sold To Name Address
CITY OF MONTICELLO
505 WALNUT STREET
MONTICELLO MN 55362
Description of Work: Lubetech ESI TO:
Estimate
Date: 5/13/2021
Estimate# 9738
CITY OF MONTICELLO
505 WALNUT STREET
MONTICELLO MN 55362
-Disassemble and package to skid existing above ground rotary lift.
-Replace above lift with SPO16.
-Customer to provide use of on-site crane and forklift.
ELECTRICAL:
-to be com feted by other.
Item
Description
Qty
Price
Total
900005
SP016 - 16K lift RED
1
17,323.06
17,323.06
900375
SERVICE / REPAIR LABOR
22
95
2,090.00
900374
TRUCK CHARGE / MILEAGE
2
125
250.00
105614
LT ENDURANCE ATF MD -3 - 5GAPA
1
14.597
14.60
900319
SCISSOR LIFT CHARGE - IA
1
175
175.00
This proposal may be withdrawn if not accepted within 15 days. TOTAL 19,852.66
Additional work performed outside of the scope of work and the description above will be subject to additional charges.
• All work to be performed during normal working hours. If requested to work overtime and/or on weekends/holidays, MAY BE SUBJECT TO TAX
additional charges may apply. AND FREIGHT
• Area to be free and clear of all obstructions; delays caused by others will be subject to additional charges.
• Sales tax will be applied unless a Tax Exempt form is on file at Lube Tech.
ACCEPTANCE OF PROPOSAL: The above prices, specifications and conditions are satisfactory and are hereby accepted.
You are authorized to do the work as specified. Payment will be made as outlined above.
Authorized Lube Tech Signature
Title Date
Signature
Title
Date
City Council Agenda: 05/24/2021
2L. Consideration of authorizing the purchase of a VariTech Anti -Icing system from Bert's
Truck and Equipment for a total of $26,369 and declaring the 1982 Ford Water Truck
as surplus.
Prepared by:
Meeting Date:
❑ Regular Agenda Item
PW Director/ City Engineer
05/24/2021
® Consent Agenda Item
Reviewed by:
Approved by:
Street Superintendent, Utilities
City Administrator
Superintendent, Mechanic, Finance
Director
ACTION REQUESTED
Motion to authorize the purchase of a VariTech Anti -Icing system from Bert's Truck and
Equipment for a total of $26,369 and declare the 1982 Ford Water Truck as surplus.
REFERENCE AND BACKGROUND
The city currently has an anti -icing tank that was built in-house around 2012. It is still functional
but is starting to have leaks, pump issues, etc. Staff proposes adding an additional anti -icing
tank that would provide more reliability and allow more flexibility on when to start the anti -
icing process to treat the roadways and limiting staff overtime.
This tank system would be installed on a skid which could be utilized on the city's two hook -
trucks. The anti -icing system would also be utilized in the summer for cleaning sidewalks and
medians.
In addition, this anti -icing system would be outfitted with a large enough pump to clean the
water towers. Currently, the utilities department uses a 1982 Ford water Truck acquired from
the Fire Department to clean the towers, but it requires repairs before it can be used again.
Adding the new pump would eliminate the need for this truck in the City's fleet and avoid the
associated repair costs.
Staff received quotes from the only two truck set-up companies in the region. These quotes
ranged from $26,369 to $29,536. The high bid did not include the high-pressure pump required
to clean the water towers. Both companies are on the state contract.
Budget Impact: The 2021 Central Equipment Fund budget includes $23,000 for a
box sander. That purchase will be delayed and budgeted for in 2022 to purchase
this anti -icing system. The remaining $3,369 will come from savings in central
equipment fund purchases that were under this year.
II. Staff Workload Impact: Improve efficiencies
City Council Agenda: 05/24/2021
STAFF RECOMMENDED ACTION
City staff recommends approval to purchase a VariTech Anti Icing system from Bert's Truck and
Equipment for a total of $26,369 and declaring the 1982 Ford Water Truck as surplus.
SUPPORTING DATA
A. Bert's Truck and Equipment Proposal.
B. Towmaster Proposal
City of Monticello
Monticello, MN
Attn: Mike or Matt
TRUCK EQUIPMENT
4/19/2021
1.00
VariTech Anti Icing A12600 3 lane anti ice system
$
17,970.00
Hydraulic closed loop, Baffle balls, Stainless steel spray bar
1.00
3" Conversion kit quick fill and suction
$
1,119.00
1.00
Skid for Hook Lift and lift frame
$
2,250.00
1.00
8.5" x 10" Steel rollers for skid
$
650.00
1.00
Labor to install skid to A12600 frame
$
880.00
1.00
Gas powered water pump for 3" wash down system
$
3,500.00
Sub -Total less sales tax $ 26,369.00
X
Brian Pederson, Sales Manager
YOUR TRUCK EQUIPMENT HEADQUARTERS
1-800-232-3787
(218) 233-8681 3804 Hwy 75 North
Fax 218-233-9548 Moorhead, MN 56560
email:brianp@bertsonIine.com
APF
TRUCK EQU/PME/VT
TOWMASTER, 61301 US HWY 12, LITCHFIELD, MN 55355
PH: 320-693-7900 FX: 320-693-7921 TF: 000-462-4517
TOWMASTERTRUCK.COM
** QUOTATION **
Reference No.
QT 65488
Ship To: Cust: 3249 Phone:
MONTICELLO, CITY OF
505 WALNUT STREET, SUITE 1
MONTICELLO MN 55362 USA
Bill To: Phone:
MONTICELLO, CITY OF
505 WALNUT STREET, SUITE 1
MONTICELLO MN 55362 USA
ATTN: MATT BARTHEL
Poft salesmall Terms Created
JOSH PAULSON NET 30 DAYS 5/19/21
Last Revised
5/19/21
Appx Comp
0/00/00
Qty
Part No. Description
Price Ea.
Net Amt.
1
9905007 - VariTech Ind. LDS AI2600-DAS HYD POWERED Anti -Ice System
$14,572.00
$14,572.00
1
9906044 - TMTE DIRECT APP HOOK SUBFRAME COMPLETE PAINTED BLACK
$4,580.00
$4,580.00
1
9901748 - Anti -Icing Installation of anti -icing system (A -FRAM
$1,580.00
$1,580.00
HOOKLIFT TYPE)
1
9905008 - VariTech Ind. Tank TamerI Ball Baffle System AI2600
$2,261.00
$2,261.00
1
9902490 - VariTech Ind. Installation of direct module and switch
$809.00
$809.00
package for use with existing control (MUST ADD/USE 9903288 ALSO)
1
9903288 - Control Add-on Force 6100 for Direct Application Valve
$1,904.00
$1,904.00
Module, & Feedback, for 3 Lane only.
1
9901752 - VariTech Ind. 3 Lane Plumbing Package UPGRADE, AI1035-2600
$1,688.00
$1,688.00
1
9901754 - VariTech Ind. 3 Lane Spray Bar Package (Stainless Steel)
$627.00
$627.00
AI1035-2600
1
SPECIAL REQUEST - Special Request Charges for:
$1,515.00
$1,515.00
FORCE (PN1109656) AI SUCTION/QUICK FILL CONVERTION KIT TP 3" PLUMBING
WITH 3" BALL VALVE
1
WARRANTY - TOWMASTER EXCLUSIVE WARRANTY: 5 yr Steel/Stainless Steel
Body Structure; 5 yr Whelen LED Light Systems; 3 yr Palfinger
Hoists; 4 yr SwapLoader Hoists; 1 year Swenson Spreaders, 2 yr Hyd,
FALLS Snow Equip, Tele Hoists, and all other items.
Accepted by
TRKQT3
Date
Price: $29,536.00
Total Discounts:
Net Cost: $29,536.00
Freight
Total: $29,536.00
City Council Agenda: 05/24/2021
4A. Consideration of accepting the 2020 Comprehensive Annual Financial Report
Prepared by:
Meeting Date:
® Regular Agenda Item
Finance Director
05/24/2021
❑ Consent Agenda Item
Reviewed by:
Approved by:
N/A
City Administrator
ACTION REQUESTED
Motion to accept the 2020 Comprehensive Annual Financial Report as audited by MMKR.
REFERENCE AND BACKGROUND
As a transparent organization trusted with properly managing public dollars, the City of
Monticello is statutorily required to have a private third party conduct an annual audit of its
financial statements. Malloy, Montague, Karnowski, Radosevich & Co., P.A. (MMKR) conducted
the City's annual audit this spring. All finance department personnel, along with staff from
other departments, contributed to the audit process.
Last year, the City's 2019 Comprehensive Annual Financial Report received the Government
Finance Officers Association's (GFOA) Certificate of Achievement for Excellence in Financial
Reporting. This was the eleventh time the City received the award, and the sixth time staff
prepared the report. The 2020 Financial Report has been prepared, and staff will submit it to
the GFOA for grading and comment. Finally, the Financial Report format allows credit rating
firms to compare the City's financial position with other cities. Such comparison could lead to a
better bond rating.
Jim Eichten, Managing Partner of MMKR, will present a summary of the highlights of the City's
2020 Financial Report, which does not include any findings related to internal controls over
financial reporting, compliance with Minnesota state statutes, or internal controls and
compliance with requirements of federal programs. The 2019 Financial Report was also clear of
any findings. Information presented at the council meeting will be available on the City's
website: www.ci.monticello.mn.us/finance.
I. Budget Impact: None.
II. Staff Impact: While the preparation of financial statements and the audit of the
financial statements is a significant time commitment, approval of the report has
no direct staff impact.
III. Comprehensive Plan Impact: N/A
City Council Agenda: 05/24/2021
STAFF RECOMMENDED ACTION
City staff recommends accepting the 2020 Comprehensive Annual Financial Report as audited
by MMKR.
SUPPORTING DATA
A. 2020 Comprehensive Annual Financial Report
B. 2020 Special Purpose Audit Report
C. 2020 Management Report
�-I
4w%
V
Comprehensive Annual
Financial Report
City of Monticello, Minnesota
For the Fiscal Year Ended
December 31, 2020
0
City of Monticello
Wright County, Minnesota
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED DECEMBER 31, 2020
Prepared by
THE FINANCE DEPARTMENT
Sarah Rathlisberger, Finance Director • Liz Lindrud, Senior Accountant
Julie Cheney, Finance Assistant • Cheri Butler, Payroll Clerk
Debbie Davidson, Finance Clerk • Pat Kovich, Utility Billing Specialist
Comprehensive Annual Financial Report
Table of Contents
December 31, 2020
INTRODUCTORY SECTION
Letter of Transmittal
GFOA Certificate of Achievement for Excellence in Financial Reporting
Organization Chart
Directory of Officials
CITY OF MONTICELLO
Page
1
4
5
6
FINANCIAL SECTION
Independent Auditor's Report
7
Management's Discussion and Analysis
9
Basic Financial Statements
Government -wide Financial Statements
Statement of Net Position
19
Statement of Activities
21
Fund Financial Statements
Balance Sheet - Governmental Funds
22
Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position
23
Statement of Revenues, Expenditures and Changes in Fund Balance - Governmental Funds
24
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to
the Statement of Activities
25
Statement of Net Position - Proprietary Funds
26
Statement of Revenues, Expenses and Changes in Net Position - Proprietary Funds
29
Statement of Cash Flows - Proprietary Funds
30
Notes to the Financial Statements
33
Required Supplementary Information
Schedule of Employer's Share and Non -Employer Proportionate Share of Net Pension Liability - Public Employees Retirement Association
57
Schedule of Employer's Pension Contibutions - Public Employees Retirement Association
58
Schedule of Changes in the Fire Relief Association's Net Pension Liability (Asset) and Related Ratios
59
Schedule of Employer's Pension Contributions - Monticello Fire Department Relief Association
60
Schedule of Changes in the City's Total OPEB Liability and Related Ratios
61
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - General Fund
62
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Community Center Fund
64
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Economic Development Authority Fund
65
Notes to the Required Supplementry Information
66
Combining and Individual Fund Financial Statements and Schedules
Nonmajor Governmental Funds
Combining Balance Sheet
69
Combining Statement of Revenues, Expenditures and Changes in Fund Balance
70
(continued)
I
CITY OF MONTICELLO
Comprehensive Annual Financial Report
Table of Contents
December 31, 2020 (continued)
Internal Service Funds
Page
Combining Statement of Net Position
71
Combining Statement of Revenues, Expenses and Changes in Net Position
72
Combining Statement of Cash Flows
73
Other Supplementry Schedules
92
Schedule of Revenues (Sources) and Expenditures (Uses) - General Fund
75
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Small Cities Development Program
79
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - Cemetery Fund
80
Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - CDBG-Revitalization Fund
81
Schedule of Assets, Liabilities, Deferred Inflows of Resources and Fund Balances - Economic Development Authority
82
Schedule of Revenues, Expenditures and Other Financing Uses - Economic Development Authority
84
Schedule of Assets, Liabilities, Deferred Inflows of Resources and Fund Balances - Debt Service Activities
86
Schedule of Revenues, Expenditures and Other Financing Sources (Uses) - Debt Service Activities
87
STATISTICAL SECTION
Financial trends
Net Position by Component - Last Ten Fiscal Years
89
Changes in Net Position - Last Ten Fiscal years
90
General Governmental Tax Revenues by Source - Last Ten Fiscal Years
92
Fund Balances of Governmental Funds - Last Ten Fiscal Years
93
Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years
94
Governmental Funds Tax Revenues by Source - Last Ten Fiscal Years
95
Revenue capacity
Tax Capacity Value and Estimated Market Value of Taxable Property - Last Ten Fiscal Years
96
Property Tax Rates - All Direct and Overlapping Governments - Last Ten Fiscal Years
97
Property Tax Levies and Collections - Last Ten Fiscal Years
98
Principal Property Taxpayers - Current Year and Nine Years Ago
99
New Construction and Bank Deposits - Last Ten Fiscal Years
100
Water Sold by Customer Type - Last Ten Fiscal Years
101
Water and Sewage Utility Rates - Last Ten Fiscal Years
102
Debt capacity
Ratios of Outstanding Debt by Type - Last Ten Fiscal Years
103
Ratios of Net General Obligation Bonded Debt Outstanding - Last Ten Fiscal Years
104
Legal Debt Margin Information - Last Ten Fiscal Years
105
Computation of Direct and Overlapping Debt - As of December 31, 2020
106
Schedule of General Obligation Revenue Bond Coverage - Last Ten Fiscal Years
107
Economic and demographic information
Demographic and Economic Statistics - Last Ten Fiscal Years
108
Principal Employers - Current Year and Nine Years Ago
109
Operating information
City Government Employees by Function/Program - Last Ten Fiscal Years
110
Operating Indicators by Function - Last Ten Fiscal Years
111
Capital Assets Statistics by Function - Last Ten Fiscal Years
113
Schedule of Cash Flows Adjusted for Additional City Funding of Fiber Optics Fund -Last Six Fiscal Years
114
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INTRODUCTORY SECTION
Letter of Transmittal
CITY 0I -
,o M rlt 1 do
May 14, 2021
To the Honorable Mayor, Members of the City Council, and the Residents of the
City of Monticello:
The city is pleased to present the Comprehensive Annual Financial Report
(Financial Report) of the City of Monticello, Minnesota (the city) for the fiscal
year ended December 31, 2020. Responsibility for both the accuracy of the data
and the completeness and fairness of the presentation, including all disclosures,
rests with the city. To the best of our knowledge and belief, the enclosed data
is accurate, in all material respects, and is reported in a manner designed to
present fairly the financial position and results of operations of the various funds
of the city. All disclosures necessary to enable the reader to gain an
understanding of the city's financial activities have been included.
Management assumes full responsibility for the completeness and reliability of
the information contained in this report, based upon a comprehensive
framework of internal control that it has established for this purpose. Because
the cost of internal control should not exceed anticipated benefits, the objective
is to provide reasonable, rather than absolute, assurance that the financial
statements are free of any material misstatements.
The city's financial statements have been audited by Malloy, Montague,
Karnowski, Radosevich & Co., P.A. (MMKR), a firm of licensed certified public
accountants. The goal of the independent audit is to provide reasonable
assurance that the financial statements of the city for the fiscal year ended
December 31, 2020 are free of material misstatements. The independent audit
involved examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles
used and significant estimates made by management, and evaluating the
overall financial statement presentation. The independent auditor concluded,
based upon the audit, that there was a reasonable basis for rendering an
unmodified opinion that the city's financial statements for the fiscal year ended
December 31, 2020, are fairly presented in conformity with accounting
principles generally accepted in the United States of America. The independent
CITY OF MONTICELLO
auditor's report is presented as the first component of the financial section of
this report.
The preparation of this Financial Report is a requirement of state law. Also, the
Financial Report is required by the bond rating agencies before they will rate
the city's bonds. The report can be used by the city council and residents of the
city to gain a better understanding of the financial condition of the city.
Accounting principles generally accepted in the United States of America
require that management provide a narrative introduction, overview, and
analysis to accompany the basic financial statements in the form of
Management's Discussion and Analysis (MD&A). This letter of transmittal is
designed to complement the MD&A and should be read in conjunction with it.
The city's MD&A can be found immediately following the independent auditor's
report.
PROFILE OF THE CITY
The city is situated in a prime location on Interstate 94 between the cities of
Minneapolis/St. Paul and St. Cloud. The city has experienced remarkable
growth within the last 10 years in the residential, commercial, office, and retail
sectors. The city is a freestanding urban fringe community encompassing
approximately 5,000 acres and a population of 13,886. The city is home to one
of Minnesota's two nuclear power plants, both owned by Xcel Energy, Inc.
(NYSE: XEL). With a small carbon footprint, the Xcel plant is also the city's
largest employer and property taxpayer. Additionally, Monticello's business
friendly environment provides a home for Cargill Kitchen Solutions. The
privately -owned, agri-giant is the city's largest customer of water and sewage
utility services.
The city was founded by second -generation Americans who migrated west in
the mid -1800s. Early settlers found the gently sloping banks and shallow levels
of the Mississippi River made a logical place for a river crossing. Incorporated
in 1856, the city grew quickly during the early settlement years and then leveled
to a population of about 1,300. It was this original settlement that became the
core city and survives today as downtown Monticello.
The city is categorized as a 501(a) entity by IRS Code and operates under the
"Optional Plan A" form of government as defined in Minnesota Statutes. Under
this plan, the government of the city is directed by a city council composed of
an elected mayor and four elected city council members. The city council
exercises legislative authority and determines all matters of policy. The city
council appoints personnel responsible for the proper administration of all affairs
relating to the city. Council members serve four-year terms, with two members
Letter of Transmittal
elected every two years. The mayor is elected for a two-year term. The mayor
and members of the city council are elected at large.
The city provides a full range of services: the construction and maintenance of
streets and other infrastructure; snow removal; park and cemetery
maintenance; recreational and cultural activities; water, sewer, stormwater, and
residential garbage and recycling systems; community development, building
inspection, planning, police, fire, liquor store, and deputy registrar operations; a
city -run fiber optic system and community center; and general government
operations, including administration, finance/accounting, information systems,
community information, and general government buildings.
The city council is required to adopt a final budget by late December for the
subsequent year. The budget is prepared by fund, function (e.g. public works),
and department (e.g. streets and alleys). Transfers of appropriations between
funds require the approval of the city council. The legal level of budgetary control
is the department level in the General Fund and fund level in all other funds.
Budget amendments require city council approval.
FINANCIAL PLANNING AND THE LOCAL ECONOMY
The city is recovering from economic woes that affected many communities in
Wright County and throughout the state of Minnesota in the late 2000s. The
nuclear power plant provides the city with a relatively stable tax and employment
base. During the economic downturn, the city lost very few of its local
businesses, although some reduced their workforce and scaled back
operations. New commercial development came to a virtual standstill and
growth remains conservative but is increasing. The residential growth has
increased greatly from a decade ago when the economic downturn was still
causing slow development, but still has not reached pre -economic downturn
levels.
In the past, the state of Minnesota has reduced local government aid (LGA) and
the market value homestead credit (MVHC) to cities and counties to balance its
own budget. Since the city does not receive LGA, the city's finances are
relatively insulated from the state's budget impacts. In 2012, the state eliminated
the MVHC and replaced it with a Market Value Exclusion program. The new
program shifted more of the tax burden to nonresidential property taxpayers.
The economy and housing market has also affected city revenues for building
permits. The city issued 495 building permits in 2010 with a total valuation of
$9,033,078. In 2020, the city issued 957 permits with a total valuation of
$32,453,366. New residential infrastructure construction will need to occur to
support the same level of residential building permits in the future.
CITY OF MONTICELLO
Fortunately, the city does not rely on the state as a major funding source (LGA).
In addition, the city has budgeted conservatively over the years, resulting in very
modest growth in the property tax levy. To assist external stakeholders, the city
is continuously exploring various ways to better represent its financial position.
Other initiatives include consolidating funds with similar purposes, distributing
unallocated expenses and aggregating similar costs for distribution as single
amounts to each budget unit. Further, staff continues to refine the chart of
accounts with the goal of providing better information to decision makers.
MAJOR INITIATIVES
The city has three major ongoing initiatives in 2020. The first ongoing initiative
is the revitalization of its historic downtown. The downtown is the oldest part of
the city, and many buildings need maintenance or demolition. In addition, the
amount of traffic on State Highway 25 and County Road 75 makes both vehicle
and pedestrian traffic difficult to move from one area of the downtown to another.
Because of these issues, several store fronts are unoccupied. To address these
issues, the city completed an Embracing Downtown Monticello initiative with the
goal to identify needed improvements and enhancements, which will once again
make the downtown area a vibrant shopping and resident destination. This
initiative was supplemented with a 2017 Downtown Small Area Plan. Several
property acquisitions have taken place by the Monticello Economic
Development Authority (EDA) to support this initiative. The challenge moving
forward will be the implementation of the plan and creating development
opportunities within the downtown area for new and existing businesses. The
city's new Monti:2040 Comprehensive Plan, completed in 2020, includes
downtown revitalization as a priority focus through 2040.
Letter of Transmittal
The second ongoing initiative is the joint operation with Wright County of
Bertram Chain of Lakes properties. The city and Wright County completed the
final land purchases in 2016. This 1,258 -acre site includes four pristine lakes
and woodlands, which, when developed, will become a regional park. Wright
County and the city obtained matching grants from the state to purchase much
of the acreage in the park. Construction of phase 1 of park improvements began
in 2019 and is expected to be completed in 2021.
Finally, a pending Trunk Highway Transportation study will provide context for
the last major initiative of improving regional transportation corridors. The city is
part of a joint powers agreement, which also includes the cities of Becker and
Big Lake, the counties of Wright and Sherburne, the townships of Becker, Big
Lake, Silver Creek, and Monticello.
In addition, and as was the case for all forms and levels of government, a major
focus in 2020 was the COVID-19 pandemic. The city had to find new ways to
provide essential services for those who live, work, and play in our community.
INTERNAL CONTROL
The management of the city is responsible for establishing and maintaining a
system of internal controls designed to ensure that the assets of the city are
protected from loss, theft, or misuse and that adequate accounting data is
compiled to allow for the preparation of financial statements in conformity with
accounting principles generally accepted in the United States of America. The
city's internal controls are designed to provide reasonable, but not absolute
assurance that these objectives are met. The concept of reasonable assurance
recognizes that: 1) the cost of a control should not exceed the benefits likely to
be derived, and 2) the valuation of cost and benefit requires estimates and
judgments by management. The city's internal controls are subject to periodic
evaluation by management and the finance department staff of the city.
BUDGETING CONTROLS
The city maintains budgetary controls, and the objective of these budgetary
controls is to assure compliance with legal provisions embodied in the annual
appropriated budget approved by the city council. Activities of the General Fund
are included in the annual appropriated budget. The level of budgetary control
(that is, the level at which expenditures cannot legally exceed the appropriated
amount) is established by department within the General Fund. The city council
also adopts a five-year Capital Improvement Plan as a financial planning
document for major purchases. As demonstrated by the statements and
schedules included in the financial section of this report, the city continues to
meet its responsibility for sound financial management.
CITY OF MONTICELLO
ACKNOWLEDGEMENTS
The Government Finance Officers Association of the United States and Canada
(GFOA) awarded a Certificate of Achievement for Excellence in Financial
Reporting to the city for its Financial Report for the fiscal year ended December
31, 2019. This was the eleventh year that the city has achieved this prestigious
award. To be awarded a Certificate of Achievement, the city had to publish an
easily readable and efficiently organized Financial Report. This report must
satisfy both accounting principles generally accepted in the United States of
America and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. The city
believes our current Financial Report continues to meet the Certificate of
Achievement Program's requirements, and the city is submitting it to the GFOA
to determine its eligibility for the award.
The 2020 Financial Report meets the highest professional standards and was
prepared in a timely and cost-effective manner. The preparation of this report
would not have been possible without the efficient and dedicated service of the
entire staff of the finance department, other city department heads, and through
the helpful guidance and assistance from our auditing firm, MMKR. City
management expresses our appreciation to all parties who assisted and
contributed to the preparation of this report. Credit also must be given to the
mayor and city council for their unfailing support for maintaining the highest
standards of professionalism in the management of the city's finances.
Respectfully submitted,
5��A 0
Sarah Rathlisberger
Finance Director
Certificate of Achievement
Government Finance Officers Association
Certificate of
Achievement
for Excellence
in Financial
Reporting
Presented to
City of Monticello
Minnesota
For its Comprehensive Annual
Financial Report
For the Fiscal Year Ended
December 31, 2019
OA� P- 7- u
Executive Director
CITY OF MONTICELLO
The Government Finance Officers Association of the United States
and Canada (GFOA) awarded a Certificate for Excellence in Financial
Reporting to the City of Monticello, Minnesota for its Comprehensive
Annual Financial Report for the fiscal year ended December 31, 2019.
The Certificate of Achievement is a prestigious national award
recognizing conformance with the highest standards for preparation
of state and local government reports.
To be awarded a Certificate of Achievement, a governmental unit
must publish an easily readable and efficiently organized
Comprehensive Annual Financial Report, whose contents conform to
program standards. Such reports must satisfy both generally
accepted accounting principles and applicable legal requirements.
A Certificate of Achievement is valid for a period of one year only. We
believe our current report continues to conform to Certificate of
Achievement program requirements, and we are submitting it to the
GFOA.
Directory of Officials CITY OF MONTICELLO
MAYOR & CITY COUNCIL
CITY STAFF
Position
Name
Term Expires
Mayor......................................................................................Brian
Stumpf
12/31/2020
Council...................................................................................Jim
Davidson
12/31/2020
Council............................................................................................
Bill Fair
12/31/2020
Council..............................................................................Charlotte
Gabler
12/31/2022
Council....................................................................................
Lloyd Hilgart
12/31/2022
City Administrator.......................................................
Public Works Director/City Engineer ..........................
Finance Director.........................................................
Community Development Director ..............................
Community Center Director ........................................
CityClerk....................................................................
Human Resource Manager ........................................
Communications Coordinator .....................................
Street Superintendent.................................................
Parks Superintendent.................................................
Senior Accountant.....................................................
Water & Sewage Superintendent ...............................
Deputy Registrar Manager .........................................
Liquor Store Manager .................................................
Economic Development Manager ..............................
Chief Building Official .................................................
FireChief....................................................................
PROFESSIONAL SERVICES
Law Enforcement ......................
City Attorney .............................
City Planning Consultant ..........
Financial Advisor ......................
Fibernet Management Services
...... Rachel Leonard
.......... Matt Leonard
Sarah Rathlisberger
..Angela Schumann
.................... Vacant
.. Jennifer Schreiber
............Tracy Ergen
.................... Vacant
......... Mike Haaland
............Tom Pawelk
.............. Liz Lindrud
............... Mat Stang
.....Carolyn Granger
.....Randall Johnsen
..............Jim Thares
Ron Hackenmueller
.......... Mike Mossey
................... Wright County Sheriff's Office
............................ Campbell Knutson, P.A.
........... Northwest Associated Consultants
........................... Northland Securities, Inc
......................................................... Arvig
0
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FINANCIAL SECTION
CERTIFIED
A C C O U N"
INDEPENDENT AUDITOR'S REPORT
To the City Council and Management
City of Monticello, Minnesota
REPORT ON THE FINANCIAL STATEMENTS
We have audited the accompanying financial statements of the
governmental activities, the business -type activities, each major fund, and
the aggregate remaining fund information of the City of Monticello,
Minnesota (the City) as of and for the year ended December 31, 2020, and
the related notes to the financial statements, which collectively comprise
the City's basic financial statements as listed in the table of contents.
MANAGEMENT'S RESPONSIBILITY FOR THE FINANCIAL STATEMENTS
Management is responsible for the preparation and fair presentation of
these financial statements in accordance with accounting principles
generally accepted in the United States of America; this includes the
design, implementation, and maintenance of internal control relevant to the
preparation and fair presentation of financial statements that are free from
material misstatement, whether due to fraud or error.
AUDITOR'S RESPONSIBILITY
Our responsibility is to express opinions on these financial statements
based on our audit. We conducted our audit in accordance with auditing
standards generally accepted in the United States of America and the
standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States. Those
standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free from material
misstatement.
Principals
Thomas A. Kamowski, CPA
Paul A. Radosevich, CPA
William J. Lauer, CPA
James H. Eichten, CPA
Aaron J. Nielsen, CPA
Victoria L. Holinka, CPA
Jaclyn M. Huegel, CPA
Kalen T. Karnowski, CPA
An audit involves performing procedures to obtain audit evidence about
the amounts and disclosures in the financial statements. The procedures
selected depend on the auditor's judgment, including the assessment of the
risks of material misstatement of the financial statements, whether due to
fraud or error. In making those risk assessments, the auditor considers
internal control relevant to the City's preparation and fair presentation of
the financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an
opinion on the effectiveness of the City's internal control. Accordingly,
we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of
significant accounting estimates made by management, as well as
evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and
appropriate to provide a basis for our audit opinions.
OPINIONS
In our opinion, the financial statements referred to above present fairly, in
all material respects, the respective financial position of the governmental
activities, the business -type activities, each major fund, and the aggregate
remaining fund information of the City as of December 31, 2020, and the
respective changes in financial position and, where applicable, cash flows
thereof, for the year then ended, in accordance with accounting principles
generally accepted in the United States of America.
Malloy, Montague, Karnowski, Radosevich, & Co., P.A.
5353 Wayzata Boulevard • Suite 410 • Minneapolis, MN 55416 • Telephone: 952-545-0424 • Telefax: 952-545-0569 • www.mmkr.com
(continued)
OTHER MATTERS
Required Supplementary Information
Accounting principles generally accepted in the United States of America
require that the management's discussion and analysis and the required
supplementary information (RSI), as listed in the table of contents, be
presented to supplement the basic financial statements. Such information,
although not a part of the basic financial statements, is required by the
Governmental Accounting Standards Board, who considers it to be an
essential part of financial reporting for placing the basic financial
statements in an appropriate operational, economic, or historical context.
We have applied certain limited procedures to the RSI in accordance with
auditing standards generally accepted in the United States of America,
which consisted of inquiries of management about the methods of
preparing the information and comparing the information for consistency
with management's responses to our inquiries, the basic financial
statements, and other knowledge we obtained during our audit of the basic
financial statements. We do not express an opinion or provide any
assurance on the information because the limited procedures do not provide
us with sufficient evidence to express an opinion or provide any assurance.
Other Information
Our audit was conducted for the purpose of forming opinions on the
financial statements that collectively comprise the City's basic financial
statements. The introductory section, combining and individual fund
financial statements and schedules, and statistical section, are presented for
purposes of additional analysis and are not required parts of the basic
financial statements.
The combining and individual fund financial statements and schedules are
the responsibility of management and were derived from and relate directly
to the underlying accounting and other records used to prepare the basic
financial statements. Such information has been subjected to the auditing
procedures applied in the audit of the basic financial statements and certain
additional procedures, including comparing and reconciling
such information directly to the underlying accounting and other records
used to prepare the basic financial statements or to the basic financial
statements themselves, and other additional procedures in accordance with
auditing standards generally accepted in the United States of America. In
our opinion, the combining and individual fund financial statements and
schedules are fairly stated, in all material respects, in relation to the basic
financial statements as a whole.
The introductory and statistical sections have not been subjected to the
auditing procedures applied in the audit of the basic financial statements
and, accordingly, we do not express an opinion or provide any assurance
on them.
Prior Year Comparative Information
We have previously audited the City's 2019 financial statements, and we
expressed unmodified audit opinions on the respective financial statements
of the governmental activities, the business -type activities, each major
fund, and the aggregate remaining fund information in our report dated
May 18, 2020. In our opinion, the partial comparative information
presented herein as of and for the year ended December 31, 2019 is
consistent, in all material respects, with the audited financial statements
from which it has been derived.
OTHER REPORTING REQUIRED BY GOVERNMENT AUDITING
STANDARDS
In accordance with Government Auditing Standards, we have also issued
our report dated May 14, 2021, on our consideration of the City's internal
control over financial reporting and on our tests of its compliance with
certain provisions of laws, regulations, contracts, grant agreements, and
other matters. The purpose of that report is solely to describe the scope of
our testing of internal control over financial reporting and compliance and
the results of that testing, and not to provide an opinion on the
effectiveness of the City's internal control over financial reporting or on
compliance. That report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the City's
internal control over financial reporting and compliance.
Minneapolis, Minnesota
May 14, 2021
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MANAGEMENT'S DISCUSSION AND ANALYSIS
Management's Discussion and Analysis CITY OF MONTICELLO
Management's Discussion and Analysis
As management of the City of Monticello, Minnesota (the city), we offer readers
of the city's financial statements this narrative overview and analysis of the
financial activities of the city for the fiscal year ended December 31, 2020. We
encourage readers to consider the information presented here in conjunction
with additional information that we have furnished in our letter of transmittal,
which can be found on pages 1-3 of this report.
Overview of the Basic Financial Statements
The discussion and analysis are intended to serve as an introduction to the city's
basic financial statements. The city's basic financial statements comprise three
components: 1) government -wide financial statements, 2) fund financial
statements, and 3) notes to the financial statements. This report also contains
other supplementary information in addition to the basic financial statements
themselves.
COMPONENTS OF
THE ANNUAL FINANCIAL REPORT
Management's Basic
Discussion and Financial
Analysis Statements
J
Government -wide Fund Notes to the
Financial Financial Financial
Statements Statements Statements
Government -Wide Financial Statements — The government -wide financial
statements are designed to provide readers with a broad overview of the city's
finances, in a manner similar to private sector businesses.
The Statement of Net Position presents information on all of the city's assets
and deferred outflows of resources, and liabilities and deferred inflows of
resources, with the difference reported as net position. Over time, increases or
decreases in net position may serve as a useful indicator of whether the financial
position of the city is improving or deteriorating.
The Statement of Activities presents information showing how the city's net
position changed during the most recent fiscal year. All changes in net position
are reported as soon as the underlying event giving rise to the change occurs,
regardless of the timing of related cash flows. Thus, revenues and expenses
are reported in this statement for some items that will only result in cash flows
in future fiscal periods (delinquent taxes and special assessments).
Both of the government -wide financial statements distinguish functions of the
city that are principally supported by taxes and intergovernmental revenue
(governmental activities) from other functions that are intended to recover all or
a significant portion of their costs through user fees and charges (business -type
activities). The governmental activities provided by the city include general
government, public safety, public works, sanitation, recreation and culture,
economic development, and interest and fiscal charges. Business -type activities
include water, sewage, stormwater, liquor, fiber optics, and deputy registrar
enterprises.
The government -wide financial statements include not only the city itself (known
as the primary government), but also the Economic Development Authority
(EDA). The EDA is a legally separate entity which functions, in essence, as a
department of the city, to provide redevelopment and other economic
development assistance through the administration of various programs.
Therefore, the EDA has been included as an integral part of the city's financial
statements and a blended component unit.
The government -wide financial statements can be found on pages 19-21 of this
report.
Fund Financial Statements — A fund is a grouping of related accounts that is
used to maintain control over resources that have been segregated for specific
activities or objectives. The city, like other state and local governments, uses
fund accounting to ensure and demonstrate compliance with finance -related
legal requirements. All of the city's funds can be divided into two categories:
governmental funds and proprietary funds.
Governmental Funds — Governmental funds are used to account for
essentially the same functions reported as governmental activities in the
government -wide financial statements. However, unlike the government -wide
financial statements, governmental fund financial statements focus on near-
Management's Discussion and Analysis CITY OF MONTICELLO
term inflows and outflows of spendable resources, as well as the balances of
spendable resources available at the end of the fiscal year. Such information
may be useful in evaluating a government's near-term financing requirements.
Because the focus of governmental funds is narrower than that of the
government -wide financial statements, it is useful to compare the information
presented for governmental funds with similar information presented for
governmental activities in the government -wide financial statements. By doing
so, readers may better understand the long-term impact of the government's
near-term financing decisions. Both the governmental funds Balance Sheet and
Statement of Revenue, Expenditures and Changes in Fund Balances provide a
reconciliation to facilitate the comparison between governmental funds and
governmental activities.
The city maintains several individual governmental funds. Information is
presented separately in the governmental funds Balance Sheet and in the
governmental funds Statement of Revenue, Expenditures and Changes in Fund
Balances for the General Fund, Community Center (special revenue) Fund,
EDA (special revenue) Fund, Debt Service Fund, and Capital Projects Fund, all
of which are considered to be major funds. Data from the remaining
governmental funds are combined into a single, aggregated presentation.
Individual fund data for each of these nonmajor governmental funds is provided
in the form of combining statements elsewhere in this report.
The city adopts an annual budget for its General Fund and special revenue
funds. A budgetary comparison schedule has been provided within the required
supplementary information for the General Fund and major special revenue
funds to demonstrate compliance with the adopted budgets.
The governmental fund financial statements can be found on pages 22-25 of
this report.
Proprietary Funds — The city maintains two different types of proprietary funds.
Enterprise funds are used to report the same functions presented as business -
type activities in the government -wide financial statements. The city maintains
six enterprise funds which are used to account for its water, sewage, and
stormwater services, municipal liquor store sales, fiber optics network, and
deputy registrar, which provides vehicle and other licensing services. Internal
service funds are an accounting device used to accumulate and allocate costs
internally among the city's various functions. The city uses internal service funds
to account for benefit accruals, central equipment services, and information
technology (IT) services. Because these internal service fund activities
predominantly benefit governmental rather than business -type functions, they
have been included within governmental activities in the government -wide
financial statements.
Proprietary funds provide the same type of information as the government -wide
financial statements, only in more detail. The proprietary fund financial
statements provide separate information for each of the enterprise operations.
The internal service funds are combined into a single, aggregated presentation
in the proprietary fund financial statements. Individual fund data for the internal
service funds is provided in the form of combining statements elsewhere in this
report.
The proprietary fund financial statements can be found on pages 26-31 of this
report.
Notes to Basic Financial Statements — The notes to basic financial
statements provide additional information that is essential to obtaining a full
understanding of the data provided in the government -wide and fund financial
statements.
The notes to the basic financial statements can be found on pages 33-56 of this
report.
Other Information — In addition to the basic financial statements and
accompanying notes, this report presents required supplementary information
on activity related to the defined benefit pension plans and the other post -
employment benefits (OPEB) plan as well as budgetary comparison
information. Combining statements for nonmajor governmental funds, internal
service funds, and other supplementary schedules including activities of the
General Fund, nonmajor special revenue funds, Economic Development
Authority Fund, and Debt Service sub -funds, can also be found in the combining
and individual fund statements and schedules section of this report.
Required supplementary information and combining and individual fund
statements and schedules can be found starting on page 57.
Financial Highlights
The assets and deferred outflows of resources of the city exceeded its liabilities
and deferred inflows of resources at year-end by $137,599,467 (net position).
Of this amount, $50,310,955 (unrestricted net position) may be used to meet
the city's ongoing obligations to citizens and creditors.
As of the close of the current fiscal year, the city's governmental funds reported
combined ending fund balances of $36,034,364, an increase of $489,959, or
1.4%. Nonspendable, restricted, and assigned uses of fund balance totaled
$29,539,732, leaving an unassigned fund balance of $6,494,632, which is
$47,479, or 0.7%, lower than the 2019 ending unassigned balance.
10
Management's Discussion and Analysis CITY OF MONTICELLO
At the end of the current fiscal year, unassigned fund balance for the General
Fund was $6,494,632, or 73.6%, of total General Fund expenditures for 2020.
The city targets 60-75% of next year's expenditure budget as the optimum fund
balance level, providing a reserve for cash flow during the first six months of
each subsequent year until property tax receipts are released from the county
treasurer's office and distributed to the local levels of government. The state
auditor recommends that local governments maintain an unrestricted fund
balance of approximately 35-50% of operating revenues or no less than five
months of operating expenditures for the General Fund. The General Fund's
heavy dependence on property tax revenues validates the 60-75% target. What
is more, this reserve threshold provides temporary financing for unforeseen
emergencies. (Source: Minnesota Office of the State Auditor: Fund Balance
Reporting and Governmental Fund Type Definitions, based on Governmental
Accounting Standards Board (GASB) Statement No. 54, 2010-1003 Revised
July 2012).
In 2020, government -wide capital assets decreased by $1,140,692 due to
disposals and depreciation on existing assets exceeding acquisitions.
Governmental activities include completion of a new fire station and pedestrian
improvements, purchase of a fire ladder truck, construction of 2020 street
improvements, repairs to the roof at the Monticello Community Center, and
progress on phase 1 of improvements at the Bertram Chain of Lakes regional
park. The city also completed a walking trail and park shelter and storm drain
repair on Maple Street. Other acquisitions include a developer donation of land
in Deephaven and Haven Ridge developments and acquisitions of equipment
including a parks Toro mower, aerial bucket lift truck, and plow truck chassis.
Technology upgrades for document storage, Audio -Visual equipment, and
software were also acquired. Finally, the city upgraded heating, ventilation, and
air conditioning (HVAC) units in various city buildings.
The city's total long-term bonded indebtedness decreased by $1,649,000, or
5.0%, in 2020. Principal payments made on outstanding debt totaled
$3,804,000. The city issued $2,155,000 in general obligation improvement
bonds in 2020 to finance the 2020 street improvement project. The 2020A
general obligation bonds are accounted for in the Debt Service Fund and will be
paid from special assessments and property taxes.
Montiry cello
11
Management's Discussion and Analysis CITY OF MONTICELLO
GOVERNMENT -WIDE FINANCIAL ANALYSIS
NET POSITION
Governmental Activities Business -Type Activities
2020 2019 2020 2019
Total
2020 2019
Current and other assets
$ 47,287,278
$ 47,955,707
$ 19,431,324
$ 16,554,485
$ 66,718,602
$ 64,510,192
Capital assets
67,965,404
67,002,287
44,433,718
46,537,527
112,399,122
113,539,814
Total assets
115, 252, 682
114, 957, 994
63, 865, 042
63, 092, 012
179,117, 724
178, 050, 006
Deferred outflows of resources
309,898
313,775
81,748
79,890
391,646
393,665
Long-term liabilities
30,876,766
32,036,517
4,454,304
4,664,872
35,331,070
36,701,389
Other liabilities
1,275,645
2,136,609
763,874
636,291
2,039,519
2,772,900
Total liabilities
32,152,411
34,173,126
5,218,178
5,301,163
37,370,589
39,474,289
Deferred inflows of resources
4,460,169
5,266,362
79,145
207,096
4,539,314
5,473,458
Net position
Net investment in capital assets
Restricted
Unrestricted
Total net position
40,836,892 40,008,410
5,451,441 8,690,172
32, 661, 667 27,133, 699
41, 000,179 42, 808, 003
17, 649, 288 14, 855, 640
81, 837, 071 82, 816,413
5,451,441 8,690,172
50, 310, 955 41, 989, 339
$ 78,950,000 $ 75,832,281 $ 58,649,467 $ 57,663,643 $ 137,599,467 $ 133,495,924
By the far the largest portion of the city's net position (59%) reflects investment
in capital assets (e.g. land, buildings, structures, systems, machinery,
equipment, infrastructure, and intangible assets), net of any related debt used
to acquire those assets that is still outstanding. The city uses assets to provide
services to citizens; consequently, these assets are not available for future
spending. Although the city's investment in capital assets is reported net of
related debt, it should be noted that resources needed to repay this debt must
be provided from other sources since capital assets themselves cannot be used
to liquidate these liabilities.
A small portion of the city's net position (4%) represents resources that are
subject to external restrictions on how they can be used. The remaining
unrestricted net position of $50,310,955 may be used to meet the ongoing
obligations to citizens and creditors. Of the unrestricted net position,
$17,649,288 (35%) is attributable to business -type activities.
The unrestricted governmental activities net position increased $5,527,968
(20%), and business -type activities unrestricted net position increased
$2,793,648 (19%). The government -wide total unrestricted net position
increased $8,321,616 (20%), reflecting revenues exceeding conservative
budgeted estimates, expenses below liberal estimates, and use of restricted net
position where applicable.
The $963,117 (1%) increase in governmental activities capital assets is
reflective of capital asset purchases and reinvestment, exceeding depreciation
and disposals. Business -type capital assets decreased $2,103,809 (5%) due to
depreciation in excess of additions.
Net investment in capital assets, which is capital assets less related debt,
decreased because capital asset disposals and depreciation exceeded capital
asset acquisitions less the amount of debt borrowed to acquire assets.
12
Management's Discussion and Analysis CITY OF MONTICELLO
Revenues
Program revenues
Charges for services
Operating grants and contributions
Capital grants and contributions
General revenues
Property taxes
Tax increments
Franchise taxes
Unrestricted grants and aids
Unrestricted investment earnings
Total revenues
Expenses
General government
Public safety
Public works
Sanitation
Recreation and culture
Economic development
Interest and fiscal charges
Water utility
Sewage utility
Stormwater
Liquor
Fiber optics
Deputy registrar
Total expenses
Increase in net position before transfers
Transfers
Change in net position
Net position, January 1
Net position, December 31
CHANGE IN NET POSITION
Governmental Activities
2020 2019
$ 2,665,535 $ 3,525,783
463,335 431,004
1,289,990 1,024,891
10, 874, 313
10, 375, 714
707,824
679,925
418,030
432,934
886,544
-
666,325
969,216
17,971,896
17,439,467
2,335,614
1,927,752
2,658,246
2,406,748
4,777,282
5,765,576
681,948
610,944
3,289,716
3,636,958
1,914,825
872,984
756,546
752,595
2,545,824
2,928,682
16,414,177
15, 973, 557
1,557,719
1,465,910
1,560,000
(2,223,245)
3,117,719
(757,335)
75, 832, 281
76, 589, 616
$ 78,950,000
$ 75,832,281
Business -Type Activities
2020 2019
$ 14,402,228 $ 12,932,551
1,488, 339 1,646,123
151,794 -
332,938 482,120
16, 375, 299 15, 060, 794
1,212,656
1,216,446
2,960,153
2,889,438
658,771
-
6,395,558
5,577,481
2,063,712
1,990,052
538,625
458,695
13,829,475
12,132,112
2,545,824
2,928,682
(1,560,000)
2,223,245
985,824
5,151,927
57,663,643
52,511,716
$ 58,649,467 $
57,663,643
Total
2020 2019
$ 17,067,763 $ 16,458,334
463,335 431,004
2,778,329 2,671,014
10, 874, 313
10, 375, 714
707,824
679,925
418,030
432,934
1,038,338
-
999,263
1,451,336
34,347,195
32,500,261
2,335,614
1,927,752
2,658,246
2,406,748
4,777,282
5,765,576
681,948
610,944
3,289,716
3,636,958
1,914,825
872,984
756,546
752,595
1,212,656
1,216,446
2,960,153
2,889,438
658,771
-
6,395,558
5,577,481
2,063,712
1,990,052
538,625
458,695
30,243,652
28,105,669
4,103,543 4,394,592
4,103,543 4,394,592
133,495,924 129,101,332
$ 137,599,467 $ 133,495,924
13
Management's Discussion and Analysis CITY OF MONTICELLO
Revenues by Source -
Program Expenses and Revenues -
Governmental Activities
Unrestricted
grants and
$6
contributions
5% Investment
$s
earnings
4%
Property taxes
/
Charges for
60%
$4
services
15%
Operating
c $3
grants &
contributions
3%
Capital g rants &
contributions
Tax increment Franchise
taxes 7%
4% 2%
Governmental Activities. The most significant revenue source for
governmental activities is property taxes at 60% of total revenues. Property
taxes support the General Fund, Community Center Fund, Economic
Development Authority Fund, Capital Project Fund, and Debt Service Fund.
Charges for services accounts for 15% of revenues, with about 19% generated
by the Community Center, a decrease of previous years due to the COVID-19
pandemic. Capital grants and contributions include special assessments and
revenues from other sources restricted to capital asset acquisition. Investment
earnings include both interest earnings received and the change in the
investment fair values. Tax increments are property taxes collected in tax
increment financing districts and are restricted for development purposes.
Governmental activities revenues increased $532,429 (3%) in the current year.
Charges for services decreased $860,248 (24%) with decreased operations at
the Community Center caused by the COVID-19 pandemic. Additionally,
unrestricted grants and aids increased $886,544 due to federal CARES Act
funding, property taxes increased by $498,599 (5%), and investment earnings
decreased $302,891 (31 %).
Public works (engineering, streets, ice and snow removal, shop and garage,
street lighting, etc.) expenses are the most significant (29%), followed by
recreation and culture (20%), public safety (16%), general government (14%),
economic development (12%), interest and fiscal charges (5%), and sanitation
(4%). Included in these amounts is depreciation expense, which is 22% of the
total expenses for governmental activities.
Governmental activities expenses increased $440,620 (3%) in the current year.
The most significant changes in program expenses were as follows:
• Economic development increased $1,041,841 (119%) due to land
acquisition related to a new TIF district to be certified in 2021.
• General government expenses increased $407,862 (21%) due to a solar
production investment program that began in 2020 whereby the city pays
Novel Solar for kilowatts produced in return for credit on its electric bill from
Xcel Energy.
• Public works decreased $988,294 (17%) due to decrease in depreciation
charges to the public works function. The decrease was caused by the
transfer of capital assets from governmental activities to the Stormwater
enterprise fund in 2019.
• Recreation and culture decreased $347,242 (10%) as a result of reduced
operations at the Community Center caused by the COVID-19 pandemic.
14
Program Expenses and Revenues -
Governmental Activities
$6
$s
$4
c $3
$2
$1
$-
General Public safety Public works Sanitation Recreation & Economic Interest &
government culture development fiscal
charges
■ Program Expenses ■ Program Revenues
Governmental Activities. The most significant revenue source for
governmental activities is property taxes at 60% of total revenues. Property
taxes support the General Fund, Community Center Fund, Economic
Development Authority Fund, Capital Project Fund, and Debt Service Fund.
Charges for services accounts for 15% of revenues, with about 19% generated
by the Community Center, a decrease of previous years due to the COVID-19
pandemic. Capital grants and contributions include special assessments and
revenues from other sources restricted to capital asset acquisition. Investment
earnings include both interest earnings received and the change in the
investment fair values. Tax increments are property taxes collected in tax
increment financing districts and are restricted for development purposes.
Governmental activities revenues increased $532,429 (3%) in the current year.
Charges for services decreased $860,248 (24%) with decreased operations at
the Community Center caused by the COVID-19 pandemic. Additionally,
unrestricted grants and aids increased $886,544 due to federal CARES Act
funding, property taxes increased by $498,599 (5%), and investment earnings
decreased $302,891 (31 %).
Public works (engineering, streets, ice and snow removal, shop and garage,
street lighting, etc.) expenses are the most significant (29%), followed by
recreation and culture (20%), public safety (16%), general government (14%),
economic development (12%), interest and fiscal charges (5%), and sanitation
(4%). Included in these amounts is depreciation expense, which is 22% of the
total expenses for governmental activities.
Governmental activities expenses increased $440,620 (3%) in the current year.
The most significant changes in program expenses were as follows:
• Economic development increased $1,041,841 (119%) due to land
acquisition related to a new TIF district to be certified in 2021.
• General government expenses increased $407,862 (21%) due to a solar
production investment program that began in 2020 whereby the city pays
Novel Solar for kilowatts produced in return for credit on its electric bill from
Xcel Energy.
• Public works decreased $988,294 (17%) due to decrease in depreciation
charges to the public works function. The decrease was caused by the
transfer of capital assets from governmental activities to the Stormwater
enterprise fund in 2019.
• Recreation and culture decreased $347,242 (10%) as a result of reduced
operations at the Community Center caused by the COVID-19 pandemic.
14
Management's Discussion and Analysis CITY OF MONTICELLO
Revenues by Source -
Business -Type Activities
Charges for
services
88%
Capital grants &
Unrestricted grants contributions
and contributions Investment 9/0
1 % earnings
2%
Business -type Activities. Business -type activities increased the city's net
position by $985,824, which is $4,166,103 less than the prior fiscal year's
increase in business -type net position but is $863,324 more after factoring out
the transfer of capital assets from governmental activities to the Stormwater
enterprise fund that occurred in 2019. The change is mostly attributable to fewer
operating transfers to governmental activities and improved operations in the
Liquor fund.
FINANCIAL ANALYSIS OF THE CITY'S FUNDS
Governmental funds. The focus of the city's governmental funds is to provide
information on near-term inflows, outflows, and balances of spendable
resources. Such information is useful in assessing the city's financing
requirements. In particular, spendable fund balances may serve as a useful
measure of a government's net resources available for expenditure at the end
of the fiscal year.
At December 31, 2020, the city's governmental funds reported total ending fund
balances of $36,034,364, an increase of $489,959 (1%) when compared with
the prior year. Approximately 14% or $5,008,177 of the total ending fund
balances constituted restricted fund balances, which are considered unavailable
for appropriation for general operations. The $173,203 nonspendable fund
balance accounted for 0.5% of total governmental fund balances and is
comprised of prepaid items.
At the end of the fiscal year, the General Fund reported a fund balance of
$6,640,235, decreasing $37,015 (1%) from the prior year. General fund
revenues were $557,063 (6%) more than the prior fiscal year and expenditures
increased by $557,550 (7%).
General government expenditures increased $393,309 (22%) with most of the
increase related to employee costs and a new solar investment program that
began in 2020. Public safety expenditures increased $294,189 (12%) due to an
increase in the police contract with Wright County and expenditures related to
the COVID-19 pandemic. Public works expenditures decreased $322,719
(15%) due to vacancies in staffing due to a retirement and lower wages for snow
removal. Recreation and culture expenditures increased by $121,767 (10%)
with the addition of a full-time position in the parks department.
The fund balance in the Community Center Fund decreased $187,125 (78%) to
$52,357 due to operating impacts from closures in response to the COVID-19
pandemic. The closures also caused charges for services to decrease $864,090
(63%) to $496,912 in 2020. Expenditures decreased $570,698 (26%) to
15
Management's Discussion and Analysis CITY OF MONTICELLO
$1,623,151 due to layoffs and reductions in spending. The Community Center's
roof needed repairs, which was funded by a transfer in from the Liquor Fund.
The fund balance in Economic Development Authority (EDA) Fund decreased
$794,559 (11%) to $6,518,705. The assigned fund balance, which is available
for general EDA activity, equaled $4,611,335 at year-end. Land held for resale
increased by $591,000 (21%) with the acquisition of three properties and a
decrease in value of one property. The EDA received $355,080 in property tax
revenue and $707,824 in tax increments in 2020. At year-end, the restricted
$1,904,184 portion of the fund balance is attributable to tax increment districts
and loan programs.
The fund balance in the Debt Service Fund decreased $517,029 (28%) to
$1,304,532. This planned fund balance decrease reflects prior year
accumulation of resources to make scheduled bond payments and the partial
early redemption of the 2011A refunding bonds on February 1, 2020. Special
assessment revenue increased $95,691 (26%) to $469,028 due to prepaid
assessments. In governmental funds, assessments are recorded as a revenue
when collectible, which occurs when it is in the current period or soon thereafter.
The Capital Projects Fund provides the accounting for acquisition of general
government capital assets. Accordingly, the fund accumulates resources from
various sources and expenditures may or may not occur in the same year of
accumulation. Consequently, the fund balance in the Capital Projects Fund
increased $1,957,195 (13%) to $17,157,596. Proceeds from the 2020A
$2,155,000 general obligation bond issue are accounted for in this fund and
used to finance capital project costs related to the 2020 Street Improvements
project. The project was under budget, and, therefore, the fund has $820,516 of
restricted fund balance from unspent bond proceeds.
Proprietary funds. The proprietary funds provide the same type of information
found in the business -type activities in the government -wide financial
statements, but in more detail.
Water Fund operating expenses decreased $12,467 (1%). Utility employee
personal service costs are divided between the Water Fund and Sewage Fund
based on activity. The Water Fund operating revenues increased $241,503
(19%) with an increase in consumption and new state connection fee charge.
The fund's net position decreased $158,873 (1%) to $13,781,749 due to a
$900,000 transfer out to the Capital Projects fund for a future new Public Works
facility. Depreciation expense for the fund totaled $513,484.
Sewage Fund expenses increased $64,134 (2%) and operating revenues
increased $115,498 (5%). The 2020 capital contributions of $875,660 were from
sewer access and trunk charges. The fund's net position increased $611,431
(3%) to $23,070,466. Depreciation expense for the fund totaled $1,220,725.
The Stormwater Fund was established in 2019. Stormwater operating expenses
were $658,771 in 2020 and operating revenues were $241,873, an increase of
$180,116 (292%). The fund's net position decreased $83,233 (1%) to
$6,435,141. Depreciation expense for the fund totaled $520,495.
The Liquor Fund's net position increased $424,933 (81 %) to $947,741 despite
$660,000 of transfers out to the Community Center and the Park and Pathways
nonmajor governmental fund. Liquor and related product sales increased
$1,030,802 (16%) to $7,404,955, exceeding the $7 million threshold for the first
time. The increase in sales was mainly due to the closure of local bars and
restaurants during the COVID-19 pandemic Gross profit increased $246,015
(15%) to $1,902,727. Operating expenses increased $19,434 (2%) to $885,605,
and depreciation expense for the fund totaled $33,591.
The Fiber Optics Fund's net position decreased $115,205 (1 %) to $12,349,665.
The fund's 2020 charges for services increased $52,581 (3%) to $1,846,734.
Excluding depreciation, the operating income increased to $163,355 in 2020.
Depreciation expense for the fund totaled $374,624. The city contracted for
FiberNet operations management in July 2016.
The Deputy Registrar Fund (DMV) net position increased $335,901 (20%) to
$1,975,799. Charges for services increased $12,922 (2%) to $801,502 and
operating expenses increased $62,233 (13%) to $528,732. Depreciation for the
fund totaled $8,178. The DMV processed 127,128 transactions, a 9% decrease
over the prior year. The DMV transitioned to Minnesota's Licensing and Vehicle
Registration System (MNLARS) system in 2017, but that system was flawed, so
the DMV transitioned to a new system, MNDrive, in November 2020. Due to the
difficulty of operating MNLARS, the city received a $165,387 grant from the
State of Minnesota in 2019 to help offset the costs of operating MNLARS.
Other factors of the changes in income from operations have previously been
discussed in the government -wide financial analysis of business -type activities.
GENERAL FUND BUDGETARY HIGHLIGHTS
During the year, there were no amendments to the budget. General Fund
revenues and other financing sources totaled $9,790,059 and exceeded budget
by 887,059 (10%). Licenses and permits, intergovernmental revenues, and
other revenues, were $114,169 (28%), $340,450 (86%), and $368,983 (588%)
higher than budget, respectively. Licenses and permits include building permits,
intergovernmental revenues include grants from other governmental entities,
16
Management's Discussion and Analysis CITY OF MONTICELLO
and other revenues include donations and solar investment rebates. These
revenues can be difficult to predict, and are, therefore, budgeted conservatively.
General Fund expenditures totaled $8,827,074 and were $75,926 (11%) less
than budget. Other financing uses consisted of unbudgeted transfers out of
$1,000,000 in order to follow the General Fund balance policy of 60-75% of next
year's budgeted expenditures. While unbudgeted solar investment and COVID-
19 pandemic related expenditures caused spending over budget, conservative
spending, most notably in the Streets and alleys reporting unit, allowed for
overall spending under budget.
The General government function exceeded budget due to unbudgeted solar
investment program expenditures that are offset by solar investment rebate
revenues over budget. The public safety function exceeded budget because of
unbudgeted expenditures in response to the COVID-19 pandemic that were
offset by federal intergovernmental revenues. Within the expenditure functions,
eight of thirty-two reporting units exceeded budget.
CAPITAL ASSETS AND DEBT ADMINISTRATION
The General Fund year end fund balances for the past ten years are as follows:
CAPITAL ASSETS
Governmental Activities
2020
2019
Year
Amount
2011
$ 4,410,637
2012
3,478,507
2013
3,914,563
2014
4,331,058
2015
4,986,796
2016
6,276,720
2017
7,029,093
2018
7,109,478
2019
6,677,250
2020
6,640,235
Business -Type Activities
2020 2019
Total
2020 2019
Land
$ 10,556,829
$ 11,020,584
$ 786,010
$ 730,695
$ 11,342,839
$ 11,751,279
Construction in progress
2,575,132
7,339,275
253,761
-
2,828,893
7,339,275
Buildings and systems
102,018,474
93,970,808
104,641,807
104,383,594
206,660,281
198,354,402
Machinery and equipment
7,947,245
6,478,680
3,309,584
3,498,584
11,256,829
9,977,264
Less: Accumulated depreciation
(55,132,276)
(51,807,060)
(64,557,444)
(62,075,346)
(119,689,720)
(113,882,406)
Net total
$ 67,965,404
$ 67,002,287
$ 44,433,718
$ 46,537,527
$ 112,399,122
$ 113,539,814
Capital assets. The city's investment in capital assets for its governmental and
business -type activities on December 31, 2020 totaled $112,399,122 (net of
accumulated depreciation). This investment in capital assets includes land,
construction in progress, buildings and systems, including infrastructure, and
machinery and equipment, including intangible assets.
Major governmental activities capital assets changes: completion of construction
of the fire station, purchase of a fire ladder truck, the 2020 Street Improvement
project, pedestrian improvement projects, building upgrades, and equipment
additions. Business -type capital assets include HVAC upgrades and construction
of the Maple Street storm drain. The total decrease from the prior fiscal year is
1%; governmental activities increased 1.4% and business -type activities
decreased 4.5%.
Additional information on the city's capital assets can be found in the notes to the
financial statements on pages 42-43.
17
Management's Discussion and Analysis CITY OF MONTICELLO
OUTSTANDING INDEBTEDNESS
Long-term Debt. The city's outstanding long-term debt, including general
obligation bonds, special assessment bonds, tax abatement bonds, and a
Public Facilities Authority (PFA) revenue note, totaled $31,321,000 at
December 31, 2020. In 2020, the city issued $2,155,000 in general obligation
bonds (governmental activities) to finance capital project costs related to the
2020 Street Improvement project. Business -type long-term debt decreased with
regularly scheduled payments. All other changes are the result of the partial
early redemption of the 2011A G.O. Bonds and regularly scheduled payments.
Additional information on the city's long-term liabilities can be found in the notes
to the financial statements on pages 43-46 of this report.
ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES
Shortly after the fiscal year began, the Novel Coronavirus (COVID-19)
pandemic caused significant volatility in economic conditions. The overall
long-term effect of the pandemic is still unknown, but the city expects
manageable loss of revenue and continues to look for ways to cut
unnecessary spending as needed to ensure continued sound financial
standing.
The unemployment rate for the Wright County, Minnesota area for
December 31, 2020 was 4.4%, which is lower than the state average (4.9%)
and well below the national average (6.5%). The figures are elevated due
to the COVID-19 pandemic. It is unclear when the pandemic will end.
The long-term state and local economic outlook are currently unknown,
also due to the COVID-19 pandemic. However, new commercial and
residential development continued to grow at a sustainable pace in 2020,
and have not indicated a significant downward trend yet in 2021.
The occupancy rate of the city's business district has remained constant
over the last few years and new commercial construction had recently
grown. The COVID-19 pandemic has not caused any permanent local
business closures in Monticello.
The prospects for continued residential and large commercial growth in
2021 look promising. Small commercial growth is not expected in the near
future in light of the COVID-19 pandemic.
Inflationary trends in the region have compared favorably to national
indices the last few years.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the city's
finances for all those interested in governmental finance. Questions concerning
any information in the report or requests for additional information should be
addressed to City of Monticello, Finance Department, 505 Walnut Street, Suite
1, Monticello, MN 55362.
(IIY M
Monticello
18
Governmental
Business -Type
Activities
Activities
Total
2020
2019
2020 2019
2020
2019
General obligation bonds $
10,770,000 $
11,600,000
$ 1,720,000 $ 1,910,000
$ 12,490,000 $
13,510,000
Certificate of indebtedness
-
70,000
- -
-
70,000
Special assessment bonds
9,290,000
9,200,000
- -
9,290,000
9,200,000
Tax abatement bonds
7,845,000
8,390,000
- -
7,845,000
8,390,000
Public Facilities Authority revenue note
-
-
1,696,000 1,800,000
1,696,000
1,800,000
Total $
27,905,000 $
29,260,000
$ 3,416,000 $ 3,710,000
$ 31,321,000 $
32,970,000
Long-term Debt. The city's outstanding long-term debt, including general
obligation bonds, special assessment bonds, tax abatement bonds, and a
Public Facilities Authority (PFA) revenue note, totaled $31,321,000 at
December 31, 2020. In 2020, the city issued $2,155,000 in general obligation
bonds (governmental activities) to finance capital project costs related to the
2020 Street Improvement project. Business -type long-term debt decreased with
regularly scheduled payments. All other changes are the result of the partial
early redemption of the 2011A G.O. Bonds and regularly scheduled payments.
Additional information on the city's long-term liabilities can be found in the notes
to the financial statements on pages 43-46 of this report.
ECONOMIC FACTORS AND NEXT YEAR'S BUDGETS AND RATES
Shortly after the fiscal year began, the Novel Coronavirus (COVID-19)
pandemic caused significant volatility in economic conditions. The overall
long-term effect of the pandemic is still unknown, but the city expects
manageable loss of revenue and continues to look for ways to cut
unnecessary spending as needed to ensure continued sound financial
standing.
The unemployment rate for the Wright County, Minnesota area for
December 31, 2020 was 4.4%, which is lower than the state average (4.9%)
and well below the national average (6.5%). The figures are elevated due
to the COVID-19 pandemic. It is unclear when the pandemic will end.
The long-term state and local economic outlook are currently unknown,
also due to the COVID-19 pandemic. However, new commercial and
residential development continued to grow at a sustainable pace in 2020,
and have not indicated a significant downward trend yet in 2021.
The occupancy rate of the city's business district has remained constant
over the last few years and new commercial construction had recently
grown. The COVID-19 pandemic has not caused any permanent local
business closures in Monticello.
The prospects for continued residential and large commercial growth in
2021 look promising. Small commercial growth is not expected in the near
future in light of the COVID-19 pandemic.
Inflationary trends in the region have compared favorably to national
indices the last few years.
REQUESTS FOR INFORMATION
This financial report is designed to provide a general overview of the city's
finances for all those interested in governmental finance. Questions concerning
any information in the report or requests for additional information should be
addressed to City of Monticello, Finance Department, 505 Walnut Street, Suite
1, Monticello, MN 55362.
(IIY M
Monticello
18
BASIC STATEMENTS
CITY OF MONTICELLO
Statement of Net Position
December 31, 2020
Governmental
Business -type
Activities
Activities
Total
ASSETS
Cash and investments
$ 34,171,867
$ 17,065,962
$ 51,237,829
Receivables
Unremitted taxes
73,214
-
73,214
Deliquent taxes
48,375
-
48,375
Unremitted special assessments
33,658
44
33,702
Deliquent special assessments
3,451
13,248
16,699
Deferred special assessments
4,537,022
939,419
5,476,441
Accrued interest
97,070
-
97,070
Accounts
268,290
691,044
959,334
Due from other governmental units
2,256,605
78,907
2,335,512
Internal balances
(88,906)
88,906
-
Inventory
-
426,994
426,994
Prepaid items
173,203
126,800
300,003
Notes receivable
351,886
-
351,886
Land held for resale
4,962,552
4,962,552
Net pension asset - FRA
398,991
-
398,991
Capital assets
Nondepreciable
13,131,961
1,039,771
14,171,732
Depreciable, net
54,833,443
43,393,947
98,227,390
TOTAL ASSETS
115,252,682
63,865,042
179,117,724
DEFERRED OUTFLOWS OF RESOURCES
Deferred other post -employment benefits resources
2,559
1,206
3,765
Deferred pension resources
307,339
80,542
387,881
TOTAL DEFERRED OUTFLOWS OF RESOURCES
309,898
81,748
391,646
LIABILITIES
Accounts and contracts payable
434,244
489,816
924,060
Accrued interest payable
41,892
10,811
52,703
Other accrued liabilities
191,331
5,968
197,299
Due to other governmental units
25,641
257,279
282,920
Unearned revenue
70,317
-
70,317
Escrow deposits
512,220
-
512,220
Long-term liabilities
Due within one year
2,878,570
350,113
3,228,683
Due in more than one year
27,998,196
4,104,191
32,102,387
TOTAL LIABILITIES
32,152,411
5,218,178
37,370,589
DEFERRED INFLOWS OF RESOURCES
Deferred other post -employment benefits resources
92,058
43,322
135,380
Deferred pension resources
421,513
35,823
457,336
Deferred MSA state aid and grants
3,946,598
-
3,946,598
TOTAL DEFERRED INFLOWS OF RESOURCES
4,460,169
79,145
4,539,314
NET POSITION
Net investment in capital assets
40,836,892
41,000,179
81,837,071
Restricted for
Debt service
2,565,047
-
2,565,047
Economic development
2,324,270
2,324,270
Perpetual cemetery care
54,407
54,407
Tax increment
507,717
-
507,717
Unrestricted
32,661,667
17,649,288
50,310,955
TOTAL NET POSITION
$ 78,950,000
$ 58,649,467
$ 137,599,467
The notes to the financial statements are an integral part of this statement.
19
CITY OF
MonticeRo
(This page left blank intentionally)
20
CITY OF MONTICELLO
Statement of Activities
For the Year Ended December 31, 2020
Business -type activities
Program Revenues
Net (Expense) Revenue and Changes in Net Position
Water
1,212,656 1,541,694
310,155
Operating
Capital
639,193
Sewage
2,960,153 2,559,354
875,660
Charges for
Grants and
Grants and
Governmental
Business -type
Functions/Programs
Expenses
Services
Contributions
Contributions
Activities
Activities Total
Governmental activities
1,010,402
1,010,402
Fiber Optics
2,063,712 1,851,845
General government
$ 2,335,614
$ 523,919
$ 19,285
$
$ (1,792,410)
$ $ (1,792,410)
Public safety
2,658,246
799,227
220,246
(1,638,773)
(1,638,773)
Public works
4,777,282
156,657
202,860
1,289,990
(3,127,775)
(3,127,775)
Sanitation
681,948
522,088
20,944
-
(138,916)
(138,916)
Recreation and culture
3,289,716
652,729
-
(2,636,987)
(2,636,987)
Economic development
1,914,825
10,915
Franchise taxes
(1,903,910)
(1,903,910)
Interest and fiscal charges
756,546
-
-
(756,546)
(756,546)
Total governmental activities
16,414,177
2,665,535
463,335
1,289,990
(11,995,317)
(11,995,317)
Business -type activities
Water
1,212,656 1,541,694
310,155
639,193
639,193
Sewage
2,960,153 2,559,354
875,660
474,861
474,861
Stormwater
658,771 241,873
302,524
(114,374)
(114,374)
Liquor
6,395,558 7,405,960
-
1,010,402
1,010,402
Fiber Optics
2,063,712 1,851,845
(211,867)
(211,867)
Deputy Registrar
538,625 801,502
262,877
262,877
Total business -type activities
13,829,475 14,402,228
1,488,339
2,061,092
2,061,092
Total primary government
$ 30,243,652 $ 17,067,763
$ 463,335 $ 2,778,329
(11,995,317)
2,061,092
(9,934,225)
General Revenues
Property taxes
10,874,313
-
10,874,313
Tax increments
707,824
707,824
Franchise taxes
418,030
-
418,030
Unrestricted grants and contributions
886,544
151,794
1,038,338
Unrestricted investment earnings
666,325
332,938
999,263
Transfers
Operating
1,560,000
(1,560,000)
-
Total general revenues and transfers
15,113,036
(1,075,268)
14,037,768
Change in Net Position
3,117,719
985,824
4,103,543
Net Position, January 1
75,832,281
57,663,643
133,495,924
Net Position, December 31
$ 78,950,000
$ 58,649,467
$ 137,599,467
The notes to the financial statements are an integral part of this statement.
21
CITY OF MONTICELLO
Balance Sheet
Governmental Funds
December 31, 2020
Economic
Total
Total
Community
Development
Debt
Capital
Nonmajor
Governmental
General
Center
Authority
Service
Projects
Funds
Funds
ASSETS
Cash and investments
$ 7,233,133
$ 2,561
$ 2,881,239
$ 1,274,149
$
17,428,266
$ 4,147,927
$ 32,967,275
Receivables
Unremitted taxes
70,847
-
2,367
-
-
-
73,214
Delinquent taxes
45,110
3,265
-
-
48,375
Unremitted special assessments
-
-
33,205
453
33,658
Delinquent special assessments
-
1,587
1,864
-
3,451
Deferred special assessments
437
1,300,820
3,223,761
12,004
4,537,022
Accrued interest
97,070
-
-
-
97,070
Accounts
148,385
19,626
525
-
99,724
268,260
Due from other governmental units
16,230
37,223
-
2,203,152
-
2,256,605
Prepaid items
145,603
23,482
3,186
-
932
173,203
Notes receivable
-
-
183,693
-
168,193
351,886
Land held for resale
-
-
3,466,370
-
1,496,182
-
4,962,552
TOTAL ASSETS
$ 7,756,815
$ 82,892
$ 6,540,645
$ 2,609,761
$
24,353,678
$ 4,428,780
$ 45,772,571
LIABILITIES
Accounts and contracts payable
$ 304,683
$ 4,447
$ 11,696
$ 2,822
$
23,767
$ 55,837
$ 403,252
Other accrued liabilities
175,806
15,525
-
-
-
-
191,331
Due to other governmental units
24,304
986
259
92
25,641
Unearned revenue
60,740
9,577
-
-
70,317
Escrow deposits
505,500
6,720
512,220
Total liabilities
1,071,033
30,535
18,675
2,822
23,859
55,837
1,202,761
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes
45,110
-
3,265
-
-
-
48,375
Unavailable revenue - special assessments
437
-
1,302,407
3,225,625
12,004
4,540,473
Unavailable revenue - MSA state aid and grants
-
-
-
3,946,598
-
3,946,598
Total Deferred Inflows of Resources
45,547
-
3,265
1,302,407
7,172,223
12,004
8,535,446
FUND BALANCES
Nonspendable
145,603
23,482
3,186
-
-
932
173,203
Restricted
-
-
1,904,184
1,304,532
820,516
978,945
5,008,177
Assigned
-
28,875
4,611,335
-
16,337,080
3,381,062
24,358,352
Unassigned
6,494,632
-
-
-
-
6,494,632
Total fund balance
6,640,235
52,357
6,518,705
1,304,532
17,157,596
4,360,939
36,034,364
TOTAL LIABILITIES, DEFERRED INFLOWS
OF RESOURCES, AND FUND BALANCES
$ 7,756,815
$ 82,892
$ 6,540,645
$ 2,609,761
$
24,353,678
$ 4,428,780
$ 45,772,571
The notes to the financial statements are an integral part of this statement.
22
CITY OF MONTICELLO
Reconciliation of the Governmental Funds Balance Sheet
to the Statement of Net Position
December 31, 2020
Amounts reported for governmental activities in the statement of net position are different because:
Total fund balances - governmental funds
$ 36,034,364
Long-term assets from pensions reported in governmental activities are not financial resources and, therefore, are not reported as
assets in the funds.
398,991
Capital assets used in governmental activities are not financial resources and, therefore, are not reported in the funds.
Land
$ 10,556,829
Construction in progress
2,575,132
Buildings and systems
102,018,474
Machinery and equipment
5,449,088
Accumulated depreciation
(54,246,935)
66,352,588
Governmental funds do not report long-term amounts related to other post -employment benefits and pensions.
Deferred outflows of resources - OPEB
$ 2,559
Deferred outflows of resources - pensions
307,339
Deferred inflows of resources - OPEB
(92,058)
Deferred inflows of resources - pensions
(421,513)
(203,673)
Long-term liabilties that pertain to governmental funds, including bonds payable, are not due and payable in the current period, and,
therefore, are not reported as fund liabilities. All liabilities, both current and long-term, are reported in the Statement of Net Position
Bonds payable
$ (27,665,000)
Unamortized bond premiums
(44,028)
Other post -employment benefits liability
(96,068)
Net pension liability - PERA
(2,520,012)
(30,325,108)
Internal service funds are used by management to charge the costs of central equipment, information technology, and benefit accrual
services to individual funds. The assets and liabilities of the internal service funds are included in governmental activities in the
Statement of Net Position.
Internal service fund net position included in the governmental activities
$ 2,234,508
Less internal services net position allocated to to business -type activities
(88,906)
2,145,602
Some of the city's property taxes, special assessments, and notes receivable will be collected after year-end, but are not available soon
enough to pay for current period expenditures and, therefore, are reported as deferred inflows of resources in the governmental funds.
4,588,848
Interest on long-term debt is not accrued in governmental funds, but rather is recognized as an expenditure when due. Accrued interest
for general obligation bonds is included in the Statement of Net Position.
(41,612)
Net position of governmental activities
$ 78,950,000
The notes to the financial statements are an integral part of this statement.
23
Statement of Revenues, Expenditures and Changes in Fund Balance
Governmental Funds
For the Year Ended December 31, 2020
Revenues
Property taxes
Tax increments
Franchise taxes
Special assessments
Licenses and permits
Intergovernmental
Charges for services
Fines and forfeitures
Investment earnings
Interest on loans
Other revenues
Total revenues
Expenditures
Current
General government
Public safety
Public works
Sanitation
Recreation and culture
Economic development
Capital outlay
Public safety
Public works
Recreation and culture
Debt service
Principal
Interest and fiscal charges
Bond issuance costs
Total expenditures
Excess (deficiency) of revenues over expenditures
Other financing sources (uses)
Long-term debt issued
Premium on long-term debt issued
Sale of capital assets
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
Fund balance at beginning of year
Fund balance at end of year
CITY OF MONTICELLO
3,385,000
756,908
8,827,074 1,623,151 1,917,581 4,141,908
962,985 (612,125) (594,559) (717,029)
425,000
Economic
200,000
(1,000,000)
Total
Total
-
Community
Development
Debt
Capital
Nonmajor
Governmental
General
Center
Authority
Service
Projects
Funds
Funds
$ 6,797,640
$ 417,000
$ 355,080
$ 2,939,987
$ 350,604
$
$ 10,860,311
-
-
707,824
-
-
1,957,195
707,824
194,000
15,200,401
-
-
33,694
190,336
418,030
166
469,028
162,789
1,033
633,016
521,369
-
-
-
-
-
521,369
737,650
42,827
185,000
675,751
15,000
1,656,228
936,731
496,912
-
-
40,884
1,474,527
31,852
-
-
-
-
-
31,852
138,968
1,084
69,099
15,864
329,493
86,938
641,446
-
-
3,739
-
-
4,896
8,635
431,683
53,203
2,280
4,548
29,395
521,109
9,790,059
1,011,026
1,323,022
3,424,879
1,556,879
368,482
17,474,347
2,170,661
-
-
-
-
-
2,170,661
2,743,954
2,743,954
1,899,315
1,899,315
681,948
-
-
681,948
1,331,196
1,255,578
-
27,321
2,614,095
-
-
1,917,581
-
392
1,917,973
-
2,343,036
-
2,343,036
-
1,671,808
621
1,672,429
367,573
21,195
506,656
895,424
3,385,000
756,908
8,827,074 1,623,151 1,917,581 4,141,908
962,985 (612,125) (594,559) (717,029)
The notes to the financial statements are an integral part of this statement
425,000
3,385,000
200,000
(1,000,000)
-
(200,000)
-
(1,000,000)
425,000
(200,000)
200,000
(37,015)
(187,125)
(794,559)
(517,029)
6,677,250
239,482
7,313,264
1,821,561
$ 6,640,235 $
52,357
$ 6,518,705
$ 1,304,532
The notes to the financial statements are an integral part of this statement
24
3,385,000
-
756,908
53,475
-
53,475
4,089,514
534,990
21,134,218
(2,532,635)
(166,508)
(3,659,871)
2,155,000
2,155,000
101,280
101,280
333,550
-
333,550
1,900,000
235,000
2,760,000
-
-
(1,200,000)
4,489,830
235,000
4,149,830
1,957,195
68,492
489,959
15,200,401
4,292,447
35,544,405
$ 17,157,596
$ 4,360,939
$ 36,034,364
24
CITY OF MONTICELLO
Reconciliation of the Statement of Revenues, Expenditures and Changes
in Fund Balances of Governmental Funds to the Statement of Activities
For the Year Ended December 31, 2020
Amounts reported for governmental activities in the Statement of Activities are different because:
Net change in fund balances - governmental funds
$ 489,959
Governmental funds reported capital outlays as expenditures. However, in the statement of activities the cost of those assets is allocated
over their estimated useful lives and reported as depreciation expense. This is the amount by which capital outlays exceeded depreciation
in the current period.
Capital outlays
$ 4,533,624
Capital contributions
25,549
Disposals
(466,855)
Depreciation
(3,432,841)
659,477
Proceeds from long-term debt provide financial resources to governmental funds, but the issuing of debt increases long-term liabilities in the
Statement of Net Position.
(2,155,000)
Repayment of long-term debt principal is an expenditure in the governmental funds, but the repayment reduces long-term liabilities in the
Statement of Net Position.
3,385,000
Some expenses reported in the Statement of Activities do not require the use of current financial resources and, therefore, are not reported
as expenditures in the governmental funds.
Premium on long-term debt issued
$ (101,280)
Amortization of bond premiums
126,439
Change in total OPEB liability and deferred outflows/inflows of resources
18,960
Change accrued interest payable
38,846
82,965
Long-term pension activity is not reported in governmental funds
Pension revenue from state contributions
6,763
Pension expense
254,494
Deferred inflows of resources are revenues included in the change in net position, but are excluded from the change in fund balances until
they are available to liquidate liabilities of the current period.
Taxes
$ 14,002
Special assessments
143,188
Notes receivable
(27,500)
129,690
Internal service funds are used by management to charge the costs of certain activities to individual funds. The net revenue of the internal
service funds is reported with governmental activities.
Internal service fund activity included in governmental activities
$ 235,241
Subtract internal service fund activity allocated to business -type activities
29,130
264,371
Change in net position of governmental activities
$ 3,117,719
The notes to the financial statements are an integral part of this statement
25
CITY OF MONTICELLO
Statement of Net Position
Proprietary Funds
December 31, 2020
(continued)
Governmental
Business -Type Activities - Enterprise Funds
Activities -
Deputy
Internal
Water
Sewage
Stormwater
Liquor
Fiber Optics
Registrar
Totals
Service Funds
ASSETS
Current assets
Cash and investments
$ 4,895,930
$ 6,817,212
$ 1,226,361
$ 1,034,277
$ 868,359
$ 2,223,823
$ 17,065,962
$ 1,204,592
Receivables
Unremitted special assessments
44
-
-
-
-
-
44
-
Deliquent special assessments
13,248
-
-
13,248
Deferred special assessments
365,066
349,056
225,297
-
-
-
939,419
-
Accounts
141,044
385,961
45,869
1,605
116,481
84
691,044
30
Due from other governmental units
-
-
-
-
-
78,907
78,907
-
Inventory
-
-
-
426,994
-
-
426,994
Prepaid items
19,809
91,126
3,806
9,230
1,000
1,829
126,800
-
Totalcurrentassets
5,435,141
7,643,355
1,501,333
1,472,106
985,840
2,304,643
19,342,418
1,204,622
Noncurrent assets
Capital assets
Land
208,143
516,952
55,315
5,600
-
-
786,010
Buildings and systems
21,273,202
48,464,534
18,899,098
848,997
15,067,875
88,101
104,641,807
-
Machinery and equipment
302,728
2,526,593
-
133,862
305,726
40,675
3,309,584
2,498,157
Construction in progress
-
253,761
253,761
-
Total capital assets
21,784,073
51,508,079
19,208,174
988,459
15,373,601
128,776
108,991,162
2,498,157
Less accumulated depreciation
(13,222,416)
(32,427,749)
(14,252,678)
(874,801)
(3,718,352)
(61,448)
(64,557,444)
(885,341)
Total capital assets (net)
8,561,657
19,080,330
4,955,496
113,658
11,655,249
67,328
44,433,718
1,612,816
TOTAL ASSETS
13,996,798
26,723,685
6,456,829
1,585,764
12,641,089
2,371,971
63,776,136
2,817,438
DEFERRED OUTFLOWS OF RESOURCES
Deferred other post -employment benefits resources
264
162
113
441
-
226
1,206
-
Deferred pension resources
12,390
15,489
-
34,076
18,587
80,542
TOTAL DEFERRED OUTFLOWS OF RESOURCES
12,654
15,651
113
34,517
18,813
81,748
(continued)
CITY OF MONTICELLO
Statement of Net Position
Proprietary Funds
December 31, 2020 (Continued)
Governmental
Business -Type Activities - Enterprise Funds
Activities -
Deputy
Internal
Water
Sewage
Stormwater
Liquor
Fiber Optics
Registrar
Totals
Service Funds
LIABILITIES
Current liabilities
Accounts and contracts payable
$ 31,512
$ 7,348
$ 13,502
$ 144,784
$ 291,424
$ 1,246
$ 489,816
$ 30,992
Accrued interest payable
-
10,811
-
-
-
-
10,811
280
Other accrued liabilities
4,000
-
1,968
-
5,968
-
Due to other governmental units
12,327
1,974
74,450
168,528
257,279
-
Bonds and notes payable - current
-
300,000
-
-
300,000
60,000
Compensated absences due within one year
8,165
8,165
-
23,506
-
10,277
50,113
184,805
Total current liabilities
56,004
328,298
13,502
244,708
291,424
180,051
1,113,987
276,077
Noncurrent liabilities
Bonds and notes payable - net current portion
-
3,133,539
-
-
-
-
3,133,539
180,000
Compensated absences payable
10,608
10,608
-
13,079
5,741
40,036
126,853
Total OPEB liability
9,889
9,889
4,238
12,715
8,477
45,208
-
Net pension liability
136,215
170,272
-
374,595
204,326
885,408
-
Total noncurrent liabilities
156,712
3,324,308
4,238
400,389
-
218,544
4,104,191
306,853
TOTAL LIABILITIES
212,716
3,652,606
17,740
645,097
291,424
398,595
5,218,178
582,930
DEFERRED INFLOWS OF RESOURCES
Deferred other post -employment benefits resources
9,477
9,375
4,061
12,286
-
8,123
43,322
-
Deferred pension resources
5,510
6,889
-
15,157
8,267
35,823
TOTAL DEFERRED OUTFLOWS OF RESOURCES
14,987
16,264
4,061
27,443
-
16,390
79,145
-
NET POSITION
Net investment in capital assets
8,561,657
15,646,791
4,955,496
113,658
11,655,249
67,328
41,000,179
1,372,816
Unrestricted
5,220,092
7,423,675
1,479,645
834,083
694,416
1,908,471
17,560,382
861,692
TOTAL NET POSITION
$ 13,781,749
$ 23,070,466
$ 6,435,141
$ 947,741
$ 12,349,665
$ 1,975,799
58,560,561
$ 2,234,508
Adjustment to reflect the cumulative internal balance for the net effect of the activity
between the internal service funds and
the enterprise
funds over time
88,906
Net position of business
-type activities
(page 19)
$ 58,649,467
The notes to the financial statements are an integral part of this statement.
27
CITY OF
MonticeRo
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28
CITY OF MONTICELLO
Statement of Revenues, Expenses and Changes in Net Position
Proprietary Funds
For the Year Ended December 31, 2020
Sales and cost of sales
Net sales
Cost of sales
Gross profit
Operating revenues
Charges for services
Other
Total operating revenues
Operating expenses
Personal services
Materials and supplies
Other services and charges
Depreciation
Total operating expenses
Operating income (loss)
Nonoperating revenues (expenses)
Investment earnings
Intergovernmental revenues
Interest expense
Total Nonoperating revenes (expenses)
Income (loss) before capital contributions
and transfers
Capital contributions
Transfers out
Change in net position
Net Position, January 1
Net Position, December 31
Governmental
Business -Type Activities - Enterprise Funds
Deputy Internal
Water Sewage Stormwater Liquor Fiber Optics Registrar Totals Service Funds
$ 7,404,955
(5,502,228)
1,902,727
$ 7,404,955
(5,502,228)
1,902,727
$ 1,468,890
$ 2,558,601
$ 241,873
-
$ 1,846,734
$ 800,954
6,917,052
$ 562,341
72,804
753
-
1,005
5,111
548
80,221
90
1,541,694
2,559,354
241,873
1,005
1,851,845
801,502
6,997,273
562,431
250,345
354,812
127,167
628,667
4,086
466,262
1,831,339
6,541
104,801
154,593
641
18,320
111,721
7,109
397,185
110,502
339,048
1,153,829
10,468
205,027
1,572,683
47,183
3,328,238
235,292
513,484
1,220,726
520,495
33,591
374,624
8,178
2,671,098
198,954
1,207,678
2,883,960
658,771
885,605
2,063,114
528,732
8,227,860
551,289
334,016
(324,606)
(416,898)
1,018,127
(211,269)
272,770
672,140
11,142
95,694
129,558
30,789
22,822
14,001
40,074
332,938
24,879
1,262
1,076
352
43,984
82,063
23,057
151,794
209,388
(70,257)
(70,257)
(10,168)
96,956
60,377
31,141
66,806
96,064
63,131
414,475
224,099
430,972
(264,229)
(385,757)
1,084,933
(115,205)
335,901
1,086,615
235,241
310,155
875,660
302,524
-
-
1,488,339
-
(900,000)
-
-
(660,000)
-
(1,560,000)
-
(158,873)
611,431
(83,233)
424,933
(115,205)
335,901
1,014,954
235,241
13,940,622
22,459,035
6,518,374
522,808
12,464,870
1,639,898
1,999,267
$ 13,781,749
$ 23,070,466
$ 6,435,141
$ 947,741
$ 12,349,665
$ 1,975,799
$ 2,234,508
Adjustment to reflect
the consolidation
of internal service
fund related to enterprise funds
(29,130)
Change in net position of business -type activities (page 21)
$ 985,824
The notes to the financial statements are an integral part of this statement.
Statement of Cash Flows
Proprietary Funds
For the Year Ended December 31, 2020
Cash flows from operating activities
Cash received from customers and users
Cash from interfund services provided
Cash paid to suppliers for goods and services
Cash paid to employees
Cash paid to other funds for services provided
Net cash provided by operating activities
Cash flows from noncapital financing activities
Transfers to other funds
Intergovernmental revenues
Net cash provided (used) by noncapital financing activities
Cash flows from capital and related financing activities
Capital contributions
Acquisition of capital assets
Principal paid on long-term debt
Interest and fiscal charges paid on long-term debt
Net cash provided (used) by capital and related
financing activities
Cash flows from investing activities
Interest on investments
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents, January 1
Cash and cash equivalents, December 31
Business -Type Activities - Enterprise Funds
CITY OF MONTICELLO
Governmental
Activities -
(continued)
30
Deputy
Internal
Water
Sewage
Stormwater
Liquor
Fiber Optics
Registrar
Totals
Service Funds
$ 1,577,613
$ 2,484,302
$ 203,672
$ 7,403,700
$ 1,819,710
$ 825,480
$ 14,314,477
$ -
-
-
-
562,431
(411,315)
(1,314,105)
(11,173)
(5,678,126)
(1,545,323)
(38,304)
(8,998,346)
(323,543)
(256,795)
(363,182)
(118,981)
(655,716)
(4,086)
(476,971)
(1,875,731)
(8,743)
(10,424)
-
(13,566)
(1,050)
(17,374)
(51,157)
-
900,760
796,591
73,518
1,056,292
269,251
292,831
3,389,243
238,888
(900,000)
-
-
(660,000)
-
-
(1,560,000)
-
1,262
1,076
352
43,984
82,063
23,057
151,794
209,388
(898,738)
1,076
352
(616,016)
82,063
23,057
(1,408,206)
209,388
103,287
547,155
56,988
-
-
707,430
-
-
-
(377,747)
(41,740)
(171,210)
(590,697)
(502,594)
(294,000)
(294,000)
(125,000)
(72,972)
(72,972)
(10,341)
103,287
180,183
(320,759)
(41,740)
(171,210)
-
(250,239)
(637,935)
95,694
129,558
30,789
22,822
14,001
40,074
332,938
24,879
201,003
1,107,408
(216,100)
421,358
194,105
355,962
2,063,736
(164,780)
4,694,927
5,709,804
1,442,461
612,919
674,254
1,867,861
15,002,226
1,369,372
$ 4,895,930
$ 6,817,212
$ 1,226,361
$ 1,034,277
$ 868,359
$ 2,223,823
$ 17,065,962
$ 1,204,592
(continued)
30
Statement of Cash Flows
Proprietary Funds
For the Year Ended December 31, 2020 (Continued)
Reconciliation of operating income (loss) to net cash
provided (used) by operating activities
Operating income (loss)
Adjustments to reconcile operating income (loss) to
net cash provided (used) by operating activities
Depreciation
OPEB expense
(Increase) decrease in assets
Special assessments receivable
Accounts receivable
Due from other governmental units
Inventory
Prepaid items
(Increase) decrease in deferred outflows
Deferred other post -employment benefits resources
Deferred pension resources
Increase (decrease) in liabilities
Accounts and contracts payable
Other liabilities
Due to other governmental units
Compensated absences
Net pension liability
Increase (decrease) in deferred inflows
Deferred other post -employment benefits resources
Deferred pension resources
Net cash provided (used) by operating activities
Schedule of noncash investing, capital and
financing activities:
Net amortization of bond premium (discount)
Capital assets purchased on account
Capital contributions
CITY OF MONTICELLO
Governmental
Business -Type Activities - Enterprise Funds Activities -
Deputy Internal
Water Sewage Stormwater Liquor Fiber Optics Registrar Totals Service Funds
$ 334,016 $ (324,606) $ (416,898) $ 1,018,127 $ (211,269) $ 272,770 $ 672,140 $ 11,142
513,484 1,220,726 520,495 33,591 374,624 8,178 2,671,098 198,954
4,053 5,876 4,238 (4,972) - (1,005) 8,190 -
52,099 694 - - 52,793
(12,980) (75,746) (38,201) (1,605) (32,135) (84) (160,751)
- (14,362) (14,362)
- 20,364 - 20,364
(6,387) (7,627) (64) (398) (207) (14,683)
(254) (264) (113) 7 9 (615)
(191) (239) - (526) - (287) (1,243) -
26,296 (7,032) 3,320 138,031 (1,179) 159,436 22,251
(3,200) (655) - - (3,855) -
3,882 (1,448) 10,597 38,424 51,455 -
(327) (327) 2,323 2,326 3,995 6,541
11,266 14,083 - 30,983 16,900 73,232 -
(1,895) (3,622) 4,061 (2,335) - (3,791)
(19,102) (23,877) - (52,529) - (28,652) (124,160) -
$ 900,760 $ 796,591 $ 73,518 $ 1,056,292 $ 269,251 $ 292,831 $ 3,389,243 $ 238,888
$ - $ 1,986 $ - $ - $ - $ - $ 1,986 $ -
$ $ - $ 13,502 $ $ (92,225) $ $ (78,723) $
$ $ - $ 55,315 $ $ - $ $ 55,315 $
The notes to the financial statements are an integral part of this statement.
31
CITY OF
MonticeRo
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32
Notes to the Financial Statements — December 31, 2020
NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The basic financial statements of the city of Monticello, Minnesota (the city) have
been prepared in conformity with accounting principles (GAAP) generally
accepted in the United States of America as applied to governmental units, as
applied by the Governmental Accounting Standards Board (GASB). GASB is
the accepted standard-setting body for establishing governmental accounting
and financial reporting principles. The significant accounting policies of the city
are described as follows:
A. Reporting entity
Incorporated in 1856, the city of Monticello is designated as a third-class city
(population 10,001 to 20,000) and governed by statutory city code under
Optional Plan A in Minnesota statutes. The city falls under section 501(a) of the
Internal Revenue Code. The five -member mayor -council is elected on
staggered, even -numbered years. Councilors are elected at -large to four-year
terms while the mayor is elected to a two-year term. The governing body
appoints an administrator to implement policies and oversee daily operations.
The accompanying financial statements include all funds, departments,
agencies, boards, commissions, and other organizations that comprise the city,
along with any component units.
Component units are legally separate entities for which the city (primary
government) is financially accountable, or for which the exclusion of the
component unit would render the financial statements of the primary
government misleading. Criteria used to determine if the primary government is
financially accountable for a component unit includes whether or not the primary
government appoints the voting majority of the potential component unit's
governing body, is able to impose its will on the potential component unit, is in
a relationship of financial benefit or burden with the potential component unit, or
is fiscally depended upon by the potential component unit.
The Monticello Economic Development Authority (EDA) is a legally separate
entity created pursuant to Minnesota Statutes § 469.090 through § 469.108 to
carryout economic and industrial development and redevelopment within the
city in accordance with policies established by the City Council. The seven -
member Board of Directors consists of two councilmembers and five members
from the community appointed by the City Council. Management of the city has
complete operational responsibility of the EDA's activities, the City Council
reviews and approves the tax levy and all expenditures for the EDA, and the
EDA provides services entirely to the city. Therefore, the EDA is reported as a
blended component unit within the EDA Special Revenue Fund. Separate
financial statements are not issued for this component unit.
CITY OF MONTICELLO
The mayor and council are responsible for appointing some members of other
organizations. However, the city's accountability for these organizations does
not extend beyond making appointments.
B. Government -wide and fund financial statements
The government -wide financial statements (i.e., the statement of net position
and the statement of activities) report information on all of the activities of the
primary government and its component unit. Governmental activities, which
normally are supported by taxes and intergovernmental revenues, are reported
separately from business -type activities, which rely to a significant extent on
fees and charges for support.
The statement of activities demonstrates the degree to which the direct
expenses of a given function or segment is offset by program revenues. Direct
expenses are those that are clearly identifiable with a specific function. Program
revenues include 1) charges to customers or applicants who purchase, use, or
directly benefit from goods, services, or privileges provided by a given function
or segment and 2) grants and contributions that are restricted to meeting the
operation or capital requirements of a particular function or segment. Taxes and
other items not properly included among program revenues are reported instead
as general revenues.
Separate financial statements are provided for governmental funds and
proprietary funds. Major individual governmental funds and major individual
enterprise funds are reported as separate columns in the fund financial
statements. Aggregated information for the remaining nonmajor funds are
reported in single columns in the respective fund financial statements.
The city applies restricted resources first when an expense is incurred for which
both restricted and unrestricted resources are available. Depreciation expense
is included in the direct expense of each function. Interest on long-term debt of
governmental activities is considered an indirect expense and is reported
separately on the Statement of Activities.
C. Measurement focus, basis of accounting, and financial statement
presentation
The government -wide financial statements are reported using the economic
resources measurement focus and the accrual basis of accounting, as are the
proprietary fund financial statements. Revenues are recorded when earned and
expenses are recorded when a liability is incurred, regardless of the timing of
related cash flows. Property taxes and special assessments, if levied, are
recognized as revenues in the year for which they are levied. Grants and similar
33
Notes to the Financial Statements — December 31, 2020
items are recognized as revenue as soon as all eligibility requirements imposed
by the provider have been met.
Governmental fund financial statements are reported using the current financial
resources measurement focus and the modified accrual basis of accounting.
Revenues are recognized as soon as they are both measurable and available.
Revenues are considered available when they are collectible with the current
period or soon enough thereafter to pay liabilities of the current period. For this
purpose, the city considers revenue to be available if they are collected within
60 days of the end of the current fiscal period. Expenditures generally are
recorded when a liability is incurred, as under accrual accounting. However,
debt service expenditures, as well as expenditures related to claims and
judgments, compensated absences, other post -employment benefits, and net
pension liabilities, are recognized as expenditures to the extent they have
matured. Capital asset acquisitions are reported as capital outlay expenditures
in the governmental funds. Proceeds from long-term debt are reported as other
financing sources.
Property taxes, franchise taxes, licenses, and investment interest associated
with the current fiscal period are all considered to be susceptible to accrual and
have been recognized as revenues of the current fiscal period. All other revenue
items are considered to be measurable and available only when cash is received
by the city.
Since governmental fund statements are presented using a measurement focus
and basis of accounting different from that used in the government -wide
statements' governmental column, a reconciliation is presented that briefly
explains the adjustments necessary to reconcile ending net position and the
change in net position.
In the fund financial statements, financial transactions and accounts of the city
are organized on the basis of funds. The operation of each fund is considered
to be an independent fiscal and separate accounting entity, with a self -balancing
set of accounts recording cash and/or other financial resources together with all
related liabilities and residual equities or balances, and changes therein, which
are segregated for the purpose of carrying on specific activities or attaining
certain objectives in accordance with special regulations, restrictions, or
limitations.
Major Governmental Funds — The major governmental funds reported by the
city are as follows:
General Fund — The General Fund is used to account for all financial
resources except those required to be accounted for in another fund.
CITY OF MONTICELLO
Community Center Fund — The Community Center (special revenue) Fund
accounts for the revenues and expenditures related to the community
center. In addition to a property tax allocation, the community center
generates significant revenue from charges for memberships, program
activities, and space rentals.
Economic Development Authority(EDA) Fund—The EDA (special revenue)
Fund is used to account for revenues and expenditures related to the
blended component unit. Tax increments, generated mainly by economic
and redevelopment districts, and a property tax levy are the EDA's primary
revenue sources.
Debt Service Fund — The Debt Service Fund is used to account for the
accumulation of resources for and the payment of long-term debt principal,
interest, and related costs.
Capital Projects Fund — The Capital Projects Fund is used to account for
financial resources to be used for the acquisition or construction of major
capital facilities and infrastructure (other than those financed by proprietary
funds).
Major Proprietary Funds — The city reports the following major proprietary funds:
Water Fund — The Water (enterprise) Fund is used to account for all
activities necessary to provide water services to the residents and
businesses of the city.
Sewage Fund — The Sewage (enterprise) Fund is used to account for all
activities necessary to provide sewage services to the residents and
businesses of the city.
Stormwater Fund — The Stormwater (enterprise) Fund is used to account
for all activities necessary to provide stormwater maintenance and street
sweeping services to the residents and businesses of the city.
Liquor Fund — The Liquor (enterprise) Fund is used to account for the
operations of the city's liquor store.
Fiber Optics Fund — The Fiber Optics (enterprise) Fund is used to account
for all activities necessary to provide fiber optic services to the residents
and businesses of the city.
Deputy Registrar Fund— The Deputy Registrar (enterprise) Fund is used to
account for the operation of city's department of motor vehicles.
34
Notes to the Financial Statements — December 31, 2020
Additionally, the city reports the following fund type:
Internal Service Funds — These funds account for the city's benefit accrual,
central equipment, and information technology services. Internal service
funds operate in a manner similar to enterprise funds; however, they
provide services primarily to other city departments.
As a general rule, the effect of interfund activity has been eliminated from the
government -wide financial statements. Exceptions to this general rule are
charges between the city's enterprise funds and various other functions of the
city. Elimination of these charges would distort the direct costs and program
revenues of the various functions involved.
Amounts reported as program revenues include 1) charges to customers or
applicants for goods, services, or privileges provided, 2) operating grants and
contributions, and 3) capital grants and contributions, including special
assessments. Internally dedicated resources are reported as general revenues
rather than as program revenues. Likewise, general revenues include all taxes
the city has the authority to impose.
Proprietary funds distinguish operating revenues and expenses from non-
operating items. Operating revenues and expenses generally result from
providing services and producing and delivering goods in connection with a
proprietary fund's principal ongoing operations. The principal operating
revenues of the city's enterprise and internal service funds are charges to
customers for sales and services. Operating expenses for enterprise and
internal service funds include cost of sales and services, administrative
expenses, and depreciation on capital assets. All revenue and expenses not
meeting this definition are reported as non-operating revenues and expenses.
Aggregated information for the internal service funds is reported in a single
column in the proprietary fund financial statements. Because the principal user
of the internal services is the city's governmental activities, the financial
statements of the internal service funds are consolidated into the governmental
column when presented in the government -wide financial statements. The cost
of these services is reported in the appropriate functional activity.
D. Cash and Investments
Cash and investments include balances from all funds that are combined and
invested to the extent available in savings accounts, certificates of deposit, U.S.
government obligations, and other securities authorized by state statutes.
Earnings from investments are allocated to the respective funds based on
applicable participation by each fund.
CITY OF MONTICELLO
For purposes of the statement of cash flows, the city considers all highly liquid
debt instruments with an original maturity from the time of purchase by the city
of three months or less to be cash equivalents. The proprietary fund's equity in
the government -wide cash and investment management pool is considered
a cash equivalent.
Investments are generally stated at fair value, except for investments in external
investment pools, which are stated at amortized cost. Short-term highly liquid
debt instruments (including commercial paper, banker's acceptances, and U.S.
treasury and agency obligations) purchased with a remaining maturity of one
year or less are reported at amortized cost. Investment income is accrued at the
balance sheet date.
The city categorizes its fair value measurements within the fair value hierarchy
established by accounting principles generally accepted in the United States of
America. The hierarchy is based on the valuation inputs used to measure the
fair value of the asset as follows:
• Level 1 inputs are quoted prices in active markets for identical assets.
• Level 2 inputs are significant other observable inputs.
• Level 3 inputs are significant unobservable inputs.
Debt securities classified in Level 2 of the fair value hierarchy are valued using
a matrix pricing technique. Matrix pricing is used to value securities based on
the securities' relationship to benchmark quoted price as outlined in Note 2.
E. Property Taxes
Property tax levies are set by the city council each year and are certified to
Wright County for collection in the following year. In Minnesota, counties act as
collection agents for all property taxes.
Wright County spreads all levies over taxable property. Such taxes become a
lien on January 1 and are recorded as receivables by the city on that date. Most
property taxes can be paid without penalty and interest by taxpayers in two
equal installments on May 15 and October 15. Wright County provides tax
settlements to cities and other taxing districts several times throughout the year.
Within the governmental fund financial statements, the city recognizes property
tax revenue when it becomes both measurable and available to finance
expenditures of the current period. Taxes which remain unpaid at December 31
are classified as delinquent taxes receivable and are offset by deferred inflows
of resources because it is not available to finance current expenditures.
Deferred inflows of resources in governmental activities are susceptible to full
accrual on the government -wide financial statements.
35
Notes to the Financial Statements — December 31, 2020
F. Special Assessments
Special assessments are levied against the benefiting properties for the
assessable costs of special assessment improvement projects in accordance
with Minnesota Statutes. The city usually adopts assessment rolls when
individual public improvement projects are complete or substantially complete.
The assessments are collectible over a term of years generally consistent with
the term of years for the related bond issue.
Collection of annual installments (including interest) is handled by the county in
the same manner as property taxes. Property owners are allowed to prepay
total future installments without interest or prepayment penalties.
Once a special assessment roll is adopted, the amount attributed to each parcel
is a lien upon that property until full payment is made or the amount is
determined to be excessive by the city council or court action. If special
assessments are left unpaid, the property is subject to tax forfeited sale and the
first proceeds of that sale (after costs, penalties, and expenses of sale) are
remitted to the city in payment of delinquent special assessments. Generally,
the city will collect the full amount of its special assessments not adjusted by
city council or court action. Pursuant to state statutes, a property shall be
subject to tax forfeit sale after three years of delinquency except for
homesteaded, agricultural or seasonal recreational property, which is subject to
sale after five years.
These assessments are recorded as delinquent (levied, but not yet paid) and
deferred (certified, but not yet levied) special assessments receivable, and are
offset by deferred inflows of resources in the governmental fund financial
statements. Unremitted special assessments are amounts collected by Wright
County, but not paid to the city before year-end.
G. Receivables
Utility and miscellaneous accounts receivable are reported at gross value. Since
the city is generally able to certify delinquent amounts to the county for collection
as special assessments, no allowance for uncollectible accounts has been
provided on current receivables.
The city contracted with a third party to manage Fibernet beginning on July 1,
2016. On a monthly basis, the city receives amounts billed by Arvig with an
estimated portion withheld for uncollectible account. Customer receivable
balances are carried by Arvig rather than the city. Therefore, no allowance for
uncollectible accounts is set up in the proprietary Fiber Optics Fund.
CITY OF MONTICELLO
A receivable is considered past due if any portion of the receivable balance is
outstanding for more than 30 days. Interest is charged on receivables that are
considered past due. Accrual of interest is not suspended until a receivable is
determined to be uncollectible. Provisions for bad debts would be insignificant
and none have been made for 2020.
Interest receivable is recorded as revenue in the year the interest is earned and
is available to pay liabilities of the current period. The interest receivable
balance is reported as one amount in the General Fund while all other funds
receive interest revenue distributions in cash.
H. Inventories
The inventories of the proprietary funds are stated at cost using the first -in, first -
out (FIFO) method. Enterprise fund inventory consists of merchandise held for
resale at the city -owned Hi -Way Liquors store.
I. Prepaid Items
Payments to vendors for services that will benefit future accounting periods are
recorded as prepaid. Prepaid items are accounted for using the consumption
method. Fund balance in an amount equal to the prepaid balance in the related
funds is not available for appropriation, and is, therefore, classified as
nonspendable.
J. Notes Receivable
Notes receivable consist of loans made by the city or EDA to area businesses
for development or redevelopment purposes. The terms and interest rates of the
individual loans vary. Notes receivable that are passed through to another entity
are offset by deferred inflows of resources in the governmental funds.
K. Land Held for Resale
Land held for resale is recorded in the governmental fund which purchased it at
the lower of cost or acquisition value. Fund balances are reported as restricted
or assigned in an amount equal to the land's carrying value in the governmental
funds as these assets are not available for appropriation.
L. Capital Assets
Capital assets, which include property, plant, equipment, and infrastructure
assets (roads, bridges, sidewalks, and similar items) are reported in the
applicable governmental or business -type activities columns in the government -
wide financial statements. Such assets are capitalized at historical cost or
36
Notes to the Financial Statements — December 31, 2020
estimated historical cost for assets where actual historical cost is not available.
Donated capital assets are recorded at their estimated acquisition value at the
date of donation. The city's capitalization policy divides each asset into a class
with a related threshold as follows:
Class of Asset
Threshold
Level
Useful
Life
Years
Land
$1
N/A
Land improvements
$50,000
10-20
Building/building improvements
$20,000
12-40
Primary infrastructure and utility
$75,000
10-40
Secondary infrastructure
$25,000
10-40
Equipment
$10,000
5-20
Software and non -tangible
$10,000
5-20
The cost of normal maintenance and repairs that does not add to the value of
the asset or materially extend an asset's useful life is not capitalized. The city
has elected to fully capitalize the infrastructure capital assets of its governmental
activities regardless of their acquisition date or amount.
Capital assets are recorded in the government -wide and proprietary fund
financial statements but are not reported in the governmental funds financial
statements.
Capital assets are depreciated using the straight-line method over their
estimated useful lives shown in the previous table. Since surplus assets are
generally sold for an immaterial amount when no longer needed for city
purposes, no salvage value is taken into consideration for depreciation
purposes. Capital assets not being depreciated include land and construction in
progress.
M. Deferred Outflows of Resources
In addition to assets, the statement of net position and/or balance sheet will
sometimes report a separate section for deferred outflows of resources. This
separate financial statement element represents a consumption of net position
that applies to future periods and so will not be recognized as an outflow of
resources (expense/expenditure) until that time. The city has two types of items,
which arise under a full accrual basis of accounting, that qualify for reporting in
this category. Accordingly, the items, deferred other post -employment benefits
resources and deferred pension resources, are reported only in the statement
of net position. These items result from other post -employment benefits and
CITY OF MONTICELLO
pension -related actuarial calculations and current year contributions made
subsequent to the measurement date.
N. Long -Term Liabilities
In the government -wide and proprietary fund financial statements, long-term
debt and other long-term obligations are reported as liabilities. Bond premiums
and discounts, if material, are deferred and amortized over the life of the bonds
using the straight-line method.
In the fund financial statements, governmental fund types recognize bond
premiums and discounts during the current period. Premiums received on debt
issuances are reported as other financing sources while discounts on debt
issuances are reported as other financing uses. The par amount of debt issued
is reported as other financing sources. Issuance costs, whether or not withheld
from the actual debt proceeds received, are reported as debt service
expenditures.
O. Compensated Absences Payable
City employees earn vacation and sick leave or paid -time -off (PTO) based upon
the number of completed years of service. All new full-time employees receive
PTO, while two employees still receive vacation and sick leave benefits. Full-
time employees who resign or leave city employment voluntarily and in good
standing, after giving proper notice, shall be compensated for unused days
under their respective plan upon termination of employment. PTO is credited at
the beginning of each fiscal year for existing employees and prorated for the
fiscal year for new employees. Vacation and sick leave are accrued by pay
period.
PTO benefit: Up to 320 hours accrued at year-end plus any current year hours
earned to their date of severance multiplied by their hourly rate at the time of
severance.
Sick leave benefit: One-half of the unused sick leave up to 800 hours and all
unused sick leave above 800 hours times their hourly rate at the time of
severance.
All compensated absences are accrued when incurred in the government -wide
and proprietary fund financial statements. The liability for governmental funds is
recorded in the Benefit Accrual (internal service) Fund. Resignations and
retirements of employees reduce the liability in the Benefit Accrual Fund or the
applicable enterprise fund.
37
Notes to the Financial Statements — December 31, 2020
P. Pensions
For purposes of measuring the net pension liability (asset), deferred
outflows/inflows of resources, and pension expense, information about the
fiduciary net position of the Public Employees Retirement Association (PERA)
and Monticello Fire Relief (FRA) and additions to/deductions from each plan's
fiduciary net position have been determined on the same basis as they are
reported by each plan. For this purpose, plan contributions are recognized as of
employer payroll paid dates and benefit payments and refunds are recognized
when due and payable in accordance with the benefit terms. Investments are
reported at fair value. The General Fund or applicable enterprise fund will be
used to liquidate these liabilities.
Q. Deferred Inflows of Resources
In addition to liabilities, the statement of net position and/or balance sheet will
sometimes report a separate section for deferred inflows of resources. This
separate financial statement element represents an acquisition of net position
that applies to future periods and so will not be recognized as an inflow of
resources (revenue) until that time. The city has three types of items that qualify
for reporting in this category. First, deferred other post -employment benefits and
pension resources, which arise under a full -accrual basis of accounting, is
reported only in the statement of net position. These amounts are the result of
actuarial calculations involving net differences between expected and actual
economic experience, changes in actuarial assumptions, net differences
between projected and actuarial earnings, and changes in proportion and are
deferred and recognized as an inflow of resources in accordance with actuarial
calculations. Second, deferred MSA state aid is reported. This amount is the
result of an advance of state aid allocated to future periods. Third, unavailable
revenue, which arises under the modified accrual basis of accounting, is
reported in the governmental funds balance sheet. Governmental funds report
unavailable revenue from three sources: property taxes, special assessments,
and MSA state aid and grants. These amounts are deferred and recognized as
an inflow of resources in the period the amounts become available or are
allocated to the city.
R. Net Position
In the government -wide and proprietary fund financial statements, net position
represents the difference between assets and deferred outflows of resources,
and liabilities and deferred inflows of resources. Net position is displayed in
three components:
CITY OF MONTICELLO
• Net investment in capital assets — Consists of capital assets, net of
accumulated depreciation, reduced by any outstanding debt
attributable to acquire capital assets.
• Restricted net position — Consists of net position restricted when
there are limitations imposed on their use through external restrictions
imposed by creditors, grantors, or laws or regulations of other
governments.
• Unrestricted net position —All other net position that does not meet
the definition of "net investment in capital assets" or "restricted."
S. Fund Balance Classifications
In the fund financial statements, governmental funds report fund balance in
classifications that disclose constraints for which amounts in those funds can be
spent. These classifications are as follows:
• Nonspendable — Consists of amounts that are not in spendable form,
such as prepaid items, inventory, and other long-term assets.
• Restricted — Consists of amounts related to externally imposed
constraints established by creditors, grantors, or contributors; or
constraints imposed by state statutory provisions.
• Committed — Consists of internally imposed constraints that are
established by resolution by the city council, which is the city's highest
level of decision-making authority. Those committed amounts cannot
be used for any other purpose unless the city council modifies or
rescinds the commitment by resolution.
• Assigned — Consists of internally imposed constraints. These
constraints consist of amounts intended to be used by the city for
specific purposes but do not meet the criteria to be classified as
restricted or committed. In governmental funds, assigned amounts
represent intended uses established by the governing body itself or by
an official to which the governing body delegates the authority.
Pursuant to city council resolution, the council, city administrator, or
finance director are authorized to establish assignments of fund
balance.
• Unassigned — The residual classification for the General Fund which
also reflects negative residual amounts in other funds.
38
Notes to the Financial Statements — December 31, 2020
When both restricted and unrestricted resources are available for use, it is the
city's policy to first use restricted resources, then use unrestricted resources as
they are needed. When committed, assigned, or unassigned resources are
available for use, it is the city's policy to use resources in the following order:
1) committed, 2) assigned, and 3) unassigned.
T. Budget
Budgets for the General Fund and all special revenue funds are adopted on a
basis consistent with accounting principles generally accepted in the United
States of America. Reported budget amounts are as originally adopted or as
amended by city council -approved supplemental appropriations and budget
transfers. No budget amendments were adopted during the year. Budget
appropriations lapse at year-end. The legal level of budgetary control is at the
department level in the General Fund and at the fund level in the major special
revenue funds. As shown in the Required Supplementary Information on page
65, expenditures in the Economic Development Authority special revenue fund
were over budget in 2020.
U. Use of Estimates
The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to
make estimates and assumptions that affect the reported amounts of assets,
liabilities, and deferred outflows/inflows and disclosure of contingent assets,
liabilities, and deferred outflows/inflows at the date of the financial statements
and the reported amounts of revenues and expenses/expenditures during the
reporting period. Actual results could differ from those estimates.
V. Future Applicable Changes in Accounting Standards
In June 2017, GASB issued Statement No. 87, Leases. This Statement
increases the usefulness of governments' financial statements by requiring
recognition of certain lease assets and liabilities for leases that previously were
classified as operating leases and recognized as inflows of resources or
outflows of resources based on the payment provisions of the contract. It
establishes a single model for lease accounting based on the foundational
principle that leases are financings of the right to use an underlying asset. Under
this Statement, a lessee is required to recognize a lease liability and an
intangible right -to -use lease asset, and a lessor is required to recognize a lease
receivable and a deferred inflow of resources, thereby enhancing the relevance
and consistency of information about governments' leasing activities. This
statement is effective for the city's fiscal year ending December 31, 2022.
CITY OF MONTICELLO
In June 2018, GASB issued Statement No. 89, Accounting for Interest Costs
Incurred Before the End of a Construction Period. This Statement establishes
accounting requirements for interest cost incurred before the end of a
construction period. Such interest cost includes all interest that previously was
accounted for in accordance with the requirements of paragraphs 5-22 of
Statement No. 62, which are superseded by this Statement. This Statement
requires that interest cost incurred before the end of a construction period be
recognized as an expense in the period in which the cost is incurred for financial
statements prepared using the economic resources measurement focus. As a
result, interest cost incurred before the end of a construction period will not be
included in the historical cost of a capital asset reported in a business -type
activity or enterprise fund. This Statement also reiterates that in financial
statements prepared using the current financial resources measurement focus,
interest cost incurred before the end of a construction period should be
recognized as an expenditure on a basis consistent with governmental fund
accounting principles. This statement is effective for the city's fiscal year ending
December 31, 2021.
In May 2019, GASB issued Statement No. 91, Conduit Debt Obligations. The
primary objectives of this Statement are to provide a single method of reporting
conduit debt obligations by issuers and eliminate diversity in practice associated
with (1) commitments extended by issuers, (2) arrangements associated with
conduit debt obligations, and (3) related note disclosures. This Statement
clarifies the existing definition of a conduit debt obligation; establishes that a
conduit debt obligation is not a liability of the issuer; establishes standards for
accounting and financial reporting of additional commitments and voluntary
commitments extended by issuers and arrangements associated with conduit
debt obligations; and improves required note disclosures. This statement is
effective for the city's fiscal year ending December 31, 2022.
NOTE 2. CASH, CASH EQUIVALENTS, AND INVESTMENTS
A. Components of Cash and Investments
Cash and investments at year-end consist of the following:
Deposits $ 2,861,670
1 nvestments 48, 367, 734
Cash on hand 8,425
Total cash and investments — Statement of Net Position $ 51,237,829
39
Notes to the Financial Statements — December 31, 2020
B. Deposits
In accordance with applicable Minnesota Statutes, the city maintains deposits
at depository banks authorized by the city council, including checking accounts
and non-negotiable certificates of deposit.
The following is considered the most significant risk associated with deposits
Custodial Credit Risk — In the case of deposits, this is the risk that in the
event of a bank failure, the city's deposits may be lost.
Minnesota Statutes require that all deposits be protected by federal deposit
insurance, corporate surety bond, or collateral. The fair value of collateral
pledged must equal 110% of the deposits not covered by federal deposit
insurance or corporate surety bonds. Authorized collateral includes
treasury bills, notes, and bonds; issues of U.S. government agencies;
general obligations rated "A" or better; revenue obligations rated "AX or
better; irrevocable standard letters of credit issued by the Federal Home
Loan Bank; and certificates of deposit. Minnesota Statutes require that
securities pledged as collateral be held in safekeeping in a restricted
account at the Federal Reserve Bank or in an account at a trust department
of a commercial bank or other financial institution that is not owned or
controlled by the financial institution furnishing the collateral. The city's
investment policy does not provide further requirements regarding custodial
credit risk.
At year-end, the carrying amount of the city's deposits was $2,861,670
while the balance on bank records was $3,099,911. All deposits were
covered by federal depository insurance, surety bonds, or by collateral held
by the city's agent in the city's name.
C. Investments
Custodial Credit Risk — For investments, this is the risk that in the event
of a failure of the counterparty to an investment transaction (typically a
broker-dealer) the city would not be able to recover the value of its
investments or collateral securities that are in the possession of an outside
party. The city's investment policy does not provide additional requirements
beyond state statutes, but the city typically limits its exposure by purchasing
insured or registered investments, or by the control of who holds the
securities.
Credit Risk — This is the risk that an issuer or other counterparty to an
investment will not fulfill its obligations. Minnesota Statutes limit the city's
investments to direct obligations or obligations guaranteed by the United
CITY OF MONTICELLO
States or its agencies; shares of investment companies registered under
the Federal Investment Company Act of 1940 that receive the highest credit
rating, are rated in one of the two highest rating categories by a statistical
rating agency, and all of the investments have a final maturity of 13 months
or less; general obligations rated "A" or better; revenue obligations rated
"AA" or better; general obligations of the Minnesota Housing Finance
Agency rated "A" or better; bankers' acceptances of United States banks
eligible for purchase by the Federal Reserve System; commercial paper
issued by United States corporations or their Canadian subsidiaries, rated
of the highest quality category by at least two nationally recognized rating
agencies, and maturing in 270 days or less; Guaranteed Investment
Contracts guaranteed by a United States commercial bank, domestic
branch of a foreign bank, or a United States insurance company, and with
a credit quality in one of the top two highest categories; repurchase or
reverse purchase agreements and securities lending agreements with
financial institutions qualified as a "depository" by the government entity,
with banks that are members of the Federal Reserve System with
capitalization exceeding $10,000,000; that are a primary reporting dealer in
U.S. government securities to the Federal Reserve Bank of New York; or
certain Minnesota securities broker-dealers. The city's investment policy
does not further address credit risk.
Concentration Risk— This is the risk associated with investing a significant
portion of the city's investment (5% or more) in the securities of a single
issuer, excluding U.S. guaranteed investments (such as treasuries),
investment pools, and mutual funds. The city's investment policy requires
that no more than 5% of the overall portfolio may be invested in the
securities of a single issuer, except for the securities of the U.S. government
and in agencies or an external investment pool. No single issuer held more
than 5% of the city's total investments at December 31, 2020.
Interest Rate Risk — This is the risk of potential variability in the fair value
of fixed rate investments resulting from changes in interest rates (the longer
the period for which an interest rate is fixed, the greater the risk). The city's
investment policy does not further address the duration of investments.
The Minnesota Municipal Money Market Fund (4M Fund) is a common-law trust
organized in accordance with the Minnesota Joint Powers Act, which invests
only in investment instruments allowable under Minnesota Statutes. It is an
external investment pool regulated by Minnesota statutes and the Board of
Directors of the League of Minnesota Cities. The 4M Fund is not registered with
the Securities Exchange Commission (SEC), but it follows the same regulatory
rules of the SEC. The fair value of the city's position in the pool is the same as
the value of the pool shares. The 4M Fund does not have any restrictions on
participant withdrawals. The city's investment in the 4M Fund is measured at the
40
Notes to the Financial Statements — December 31, 2020
net asset value per share provided by the pool, which is based on an amortized
cost method that approximates fair value.
The city's cash management and investment policy complies with all statutory
requirements.
CITY OF MONTICELLO
D. Cash on hand
Cash on hand consists of cash in the possession of the city, including petty
cash and change funds.
The following schedule provides information on credit and interest rate risks by investment type for the city's investments at December 31, 2020:
Investment Type
U.S. agency securities
Federal Farm Credit Bank
Federal Agriculture Mortgage
Credit Risk
Fair Value
Measurements
Rating Agency Using
AA+ S&P Level
Interest Risk - Maturity Duration in Years
Less More
Than 1 1 to 5 5 to 10 Than 10
Percent of
Total Holdings
$ - $ 457,192 $ 299,883 $ - $ 757,075 1.6%
Corporation
N/R
N/A
Level
-
-
826,926
-
826,926
1.7%
Federal Home Loan Bank
AA+
S&P
Level 2
-
548,945
-
432,858
981,803
2.0%
Federal Home Loan Bank
AAA
Moody's
Level
250,320
535,100
-
785,420
1.6%
Negotiable certificates of deposit
N/R
N/A
Level 2
2,542,494
9,961,743
3,935,489
-
16,439,726
34.1%
Local government securities
AAA
S&P
Level 2
-
-
-
501,740
501,740
1.0%
Local government securities
AA
S&P
Level 2
-
591,638
-
201,464
793,102
1.6%
Local government securities
Aaa
Moody's
Level
-
-
-
1,002,870
1,002,870
2.1%
Local government securities
A
Moody's
Level 2
167,609
315,336
-
-
482,945
1.0%
Investment pools and mutual funds
N/R
N/A
Amortized Cost
25,678,847
-
-
-
25,678,847
53.1%
Investment pools and mutual funds
AAA
S&P
Amortized Cost
117,280
-
-
-
117,280
0.2%
Total investments
$28,506,230
$12,125,174
$5,597,398
$2,138,932
$48,367,734
100.0%
N/R — Not Rated
N/A — Not Applicable
41
Notes to the Financial Statements — December 31, 2020
CITY OF MONTICELLO
NOTE 3. CAPITAL ASSETS
Capital asset activities for the year end
December 31,
2020 are as follows:
January 1,
Transfers and
December 31,
Governmental
Beginning
Completed
Ending
Internal Service
Governmental
Internal Service
Activities
Balance
Additions
Deletions
Construction
Balance
Fund Assets
Activities Total
Fund Additions
Additions
Governmental activities
Nondepreciable capital assets:
Land
$11,020,584
$ 3,100
$(466,855)
$ -
$ 10,556,829
$
$10,556,829
$
$ 3,100
Construction in progress
7,339,275
4,344,927
-
(9,109,070)
2,575,132
2,575,132
4,344,927
Total capital assets, not depreciated
18,359,859
4,348,027
(466,855)
(9,109,070)
13,131,961
13,131,961
4,348,027
Depreciable capital assets:
Buildings and systems
93,970,808
211,146
-
7,836,520
102,018,474
102,018,474
211,146
Machinery and equipment
6,478,680
502,594
(306,579)
1,272,550
7,947,245
2,498,157
5,449,088
502,594
-
Total capital assets, depreciated
100,449,488
713,740
(306,579)
9,109,070
109,965,719
2,498,157
107,467,562
502,594
211,146
Less accumulated depreciation for:
Buildings and systems
(47,183,734)
(3,362,511)
-
-
(50,546,245)
-
(50,546,245)
-
(3,362,511)
Machinery and equipment
(4,623,326)
(269,284)
306,579
(4,586,031)
(885,341)
(3,700,690)
(198,954)
(70,330)
Total accumulated depreciation
(51,807,060)
(3,631,795)
306,579
(55,132,276)
(885,341)
(54,246,935)
(198,954)
(3,432,841)
Net capital assets, depreciated
48,642,428
(2,918,055)
-
9,109,070
54,833,443
1,612,816
53,220,627
303,640
(3,221,695)
Total governmental activities
$67,002,287
$ 1,429,972
$(466,855)
$ -
$ 67,965,404
$ 1,612,816
$66,352,588
$ 303,640
$ 1,126,332
Business -type activities
Nondepreciable capital assets:
Land
$ 730,695
$ 55,315
$
$
$ 786,010
Construction in progress
-
253,761
253,761
Total capital assets, not depreciated
730,695
309,076
1,039,771
Depreciable capital assets:
Buildings and systems
104,383,594
258,213
104,641,807
Machinery and equipment
3,498,584
-
(189,000)
3,309,584
Total capital assets, depreciated
107,882,178
258,213
(189,000)
107,951,391
Less accumulated depreciation for:
Buildings and systems
(60,084,164)
(2,545,566)
-
(62,629,730)
Machinery and equipment
(1,991,182)
(125,532)
189,000
(1,927,714)
Total accumulated depreciation
(62,075,346)
(2,671,098)
189,000
(64,557,444)
Net capital assets, depreciated
45,806,832
(2,412,885)
43,393,947
Total business -type activities
$46,537,527
$ (2,103,809)
$
$
$ 44,433,718
42
Notes to the Financial Statements — December 31, 2020
Depreciation for the year ended December 31, 2020 was charged to
functions/programs as follows:
Governmental activities
General government
Public safety
Public works
Recreation and culture
Capital assets held by the City's internal service funds —
charged to the various functions based on usage of assets
Total depreciation expense — governmental activities
Business -type activities
Water
Sewage
Stormwater
Liquor
Fiber Optics
Deputy Registrar
Total depreciation expense — business -type activities
NOTE 4. COMMITMENTS
36,071
57,660
2,791,217
547,893
198,954
$ 3,631,795
$ 513,484
1,220,726
520,495
33,591
374,624
8,178
$ 2,671,098
The city has awarded contracts for various construction and remodeling projects.
The city's commitments for uncompleted work on these contracts at December
31, 2020 are approximately as follows:
Fund Project Description
Capital projects 2019 Pedestrian
Improvements
Amount
Contract Paid Remaining
Amount To -Date 12/31/2020
364,411 346,190 18,221
Nonmajor
governmental Bertram Park Improvements 1,686,178 1,640,472 45,706
$ 2,050,589 $1,986,662 $ 63,927
In 2019, the city entered into an investment agreement with Novel Solar Two LLC
(Novel) at a solar farm. The city pays Novel $0.119 per kilowatt-hour (kWh)
generated. Novel then sells the produced solar energy to Xcel Energy, and, in
return, the city receives an energy credit on its monthly electric bills from Xcel
Energy. Payments on the contract began in 2020, but amounts vary each month
based on kilowatt-hours produced.
CITY OF MONTICELLO
NOTE 5. LONG-TERM LIABILITIES
A. Description
The city has the following types of long-term liabilities outstanding at December
31, 2020:
• General Obligation Bonds — The general obligation bond issues
financed a settlement with telecommunication revenue bondholders,
capital equipment purchases in the Central Equipment and Capital
Projects funds, and construction of a new fire station.
• Special Assessment Bonds — These bonds are payable primarily
from special assessments levied on the properties benefiting from the
improvements funded by these issues. Any deficiencies in revenue to
fund these issues will be provided from general property taxes.
• Tax Abatement Bonds — The principal balances on these bonds are
payable primarily from a special tax abatement levy, and interest is
paid from general property taxes.
• General Obligation Revenue Bonds — The outstanding general
obligation revenue bond financed improvements to the city's sewer
system. They will be repaid from revenues pledged and are backed by
the taxing power of the city. Net operating revenues were $2,559,354
and principal and interest payments were $242,398 for a percentage
of revenues of 9.47%.
• PFA Revenue Note — This note was issued for improvements to the
wastewater treatment plant and is payable primarily from user fees
which benefit from the improvements.
• Compensated Absences — The city provides vacation and sick or
paid -time -off (PTO) leave benefits to eligible employees. The liability
will be repaid by the Benefit Accrual fund or respective enterprise fund
for which each employee is employed.
• Total OPEB Liability — The city provides post -employment benefits to
certain eligible employees through the city's OPEB Plan. The liability
will be repaid based on a pay-as-you-go financing requirement from
the General fund or applicable enterprise fund.
• Net Pension Liability — City employees participate in one state-wide,
multiple -employer, defined benefit pension plan administered by the
Public Employees Retirement Association (PERA) per Minnesota state
statute. The liability reflects the city's portion of the total net pension
43
Notes to the Financial Statements - December 31, 2020
liability of the PERA plan based on a percentage of contributions into the
plan. The liability will be repaid by the General fund or applicable
enterprise fund.
Final
Long-term liabilities at year-end are summarized as follows:
Interest
Maturity
Balance -
Issue
Final
Date
End of Year
Original
Interest
Maturity
Balance -
General obligation revenue bonds
Issue
Rate %
Issue Date
Date
End of Year
Governmental activities
treatment bonds
$3,000,000
General obligation bonds
12/01/2028
$ 1,720,000
Public Facility Authority G.O.
2014A General
Sewer Revenue Note (2015A)
2,214,632
1.06 08/26/2015
08/20/2035
obligation bonds
Premiums on bonds
17,539
judgment portion
$6,080,000
1.00 - 3.50 %
12/18/2014
12/15/2030
$ 4,300,000
equipment portion
515,000
1.00-3.05
12/18/2014
12/15/2024
240,000
2019A General
885,408
Total business -type activities
obligation bonds
$ 4,454,304
CIP portion
5,350,000
2.00-2.30
09/18/2019
12/15/2034
5,065,000
equipment portion
1,290,000
2.00
09/18/2019
12/15/2028
1,165,000
Special assessments bonds
2011A General obligation
refunding bonds
10,735,000
2.00-3.00
10/19/2011
02/01/2023
385,000
20158 General
obligation bonds
2,605,000
1.50-3.00
11/01/2015
12/15/2030
1,830,000
2016A General
obligation bonds
4,900,000
2.00-3.00
11/15/2016
12/15/2030
3,155,000
2017A General
obligation bonds
2,040,000
2.00-2.50
10/24/2017
12/15/2027
1,475,000
2019A General
obligation bonds
320,000
2.00
09/18/2019
12/15/2028
290,000
2020A General
obligation bonds
2,155,000
0.45-2.00
09/09/2020
12/15/2030
2,155,000
Tax abatement bonds
2017A General
obligation bonds
2,960,000
2.00-3.00
10/24/2017
12/15/2032
2,450,000
2018A General
obligation bonds
5,000,000
3.00-3.38
10/23/2018
12/15/2032
4,420,000
2019A General
obligation bonds
1,040,000
2.00-2.20
09/18/2019
12/15/2032
975,000
Premiums on bonds
44,028
Compensated absences payable
311,658
Total OPEB liability
96,068
Net pension liability
2,520,012
Total governmental activities
$30,876,766
CITY OF MONTICELLO
B. Changes in Long -Term Liabilities
Governmental activities
General obligation bonds
Certificates of indebtedness
Special assessment bonds
Tax abatement bonds
Add premiums on bonds
Compensated absences
Total OPEB liability
Net pension liability
Total governmental activities
Business -type activities
General obligation
revenue bonds
PFA Revenue Note
Add premiums on bonds
Compensated absences
Total OPEB liability
Net pension liability
Total business -type activities
January 1, December 31, Due Within
2020 Additions Retirements 2020 One Year
$ 11,600,000 $ $ (830,000) $10,770,000 $ 885,000
70,000 (70,000) - -
9,200,000 $2,155,000 (2,065,000) 9,290,000 1,240,000
8,390,000 - (545,000) 7,845,000 565,000
69,187 101,280 (126,439) 44,028 -
305,117 275,254 (268,713) 311,658 184,805
90,631 6,824 (1,387) 96,068 3,765
2,311,582 499,967 (291,537) 2,520,012
$ 32,036,517 $3,038,325 $(4,198,076) $30,876,766 $2,878,570
$ 1,910,000 $ $ (190,000) $ 1,720,000 $ 195,000
1,800,000 (104,000) 1,696,000 105,000
19,524 (1,985) 17,539 -
86,154 78,504 (74,509) 90,149 50,113
37,018 8,843 (653) 45,208 -
812,176 175,664 (102,432) 885,408
$ 4,664,872 $ 263,011 $ (473,579) $ 4,454,304 $ 350,113
44
Final
Original
Interest
Maturity
Balance -
Issue
Rate % Issue Date
Date
End of Year
Business -type activities
General obligation revenue bonds
2013B Wastewater
treatment bonds
$3,000,000
2.00 - 3.35 % 12/01/2013
12/01/2028
$ 1,720,000
Public Facility Authority G.O.
Sewer Revenue Note (2015A)
2,214,632
1.06 08/26/2015
08/20/2035
1,696,000
Premiums on bonds
17,539
Compensated absences payable
90,149
Total OPEB liability
45,208
Net pension liability
885,408
Total business -type activities
$ 4,454,304
B. Changes in Long -Term Liabilities
Governmental activities
General obligation bonds
Certificates of indebtedness
Special assessment bonds
Tax abatement bonds
Add premiums on bonds
Compensated absences
Total OPEB liability
Net pension liability
Total governmental activities
Business -type activities
General obligation
revenue bonds
PFA Revenue Note
Add premiums on bonds
Compensated absences
Total OPEB liability
Net pension liability
Total business -type activities
January 1, December 31, Due Within
2020 Additions Retirements 2020 One Year
$ 11,600,000 $ $ (830,000) $10,770,000 $ 885,000
70,000 (70,000) - -
9,200,000 $2,155,000 (2,065,000) 9,290,000 1,240,000
8,390,000 - (545,000) 7,845,000 565,000
69,187 101,280 (126,439) 44,028 -
305,117 275,254 (268,713) 311,658 184,805
90,631 6,824 (1,387) 96,068 3,765
2,311,582 499,967 (291,537) 2,520,012
$ 32,036,517 $3,038,325 $(4,198,076) $30,876,766 $2,878,570
$ 1,910,000 $ $ (190,000) $ 1,720,000 $ 195,000
1,800,000 (104,000) 1,696,000 105,000
19,524 (1,985) 17,539 -
86,154 78,504 (74,509) 90,149 50,113
37,018 8,843 (653) 45,208 -
812,176 175,664 (102,432) 885,408
$ 4,664,872 $ 263,011 $ (473,579) $ 4,454,304 $ 350,113
44
Notes to the Financial Statements - December 31, 2020
CITY OF MONTICELLO
C. Minimum Debt Payments
Minimum annual
principal and interest payments to maturity for bonds
payable
are as follows:
Governmental Activities
Business -Type Activities
Special
Year Ending
General Obligation
Bonds
Assessment Bonds
Tax Abatement Bonds
General Obligation Bonds
PFA Revenue Note
December 31,
Principal
Interest
Principal
Interest
Principal
Interest
Principal
Interest
Principal
Interest
2021
$ 885,000
$ 271,709
$ 1,240,000 $
204,307
$ 565,000
$ 215,773
$ 195,000
$ 48,598
$ 105,000
$ 18,028
2022
910,000
251,834
1,270,000
168,168
580,000
201,373
200,000
44,405
106,000
16,912
2023
925,000
230,296
1,100,000
143,743
590,000
186,573
205,000
39,705
107,000
15,786
2024
945,000
207,701
1,120, 000
120,893
605,000
171,473
210,000
34,375
108,000
14,648
2025
910,000
183,919
1,145, 000
97,618
625,000
155,973
215,000
28,600
109,000
13,500
2026-2030
4,600,000
552,486
3,415,000
193,925
3,380,000
520,648
695,000
45,590
565,000
49,802
2031 -2035
1,595,000
90,523
-
-
1,500,000
69,863
-
-
596,000
19,134
$10,770,000
$1,788,468
$ 9,290,000 $
928,652
$ 7,845,000
$1,521,673
$1,720,000
$ 241,273
$1,696,000
$ 147,810
D. Legal Debt Margin
Under Minnesota State Statutes, the general obligation bonded debt issued by the
city is subject to a legal debt limitation based on 3 percent of market value. At
December 31, 2020, the city's legal debt margin was $49,671,142. The statutes
provide that debt issues supported by tax increment, special assessment
revenues or available dedicated reserves are excluded from the total limited debt.
E. Conduit Debt
From time to time, the city has issued bonds or notes to provide financial
assistance to private sector entities for the acquisition and construction of housing
or commercial facilities deemed to be in the public interest. The bonds or notes
are secured by the property financed and are payable solely from payments
received on the underlying mortgage loans or leases. Upon repayment of the
bonds, ownership of the acquired facilities transfers to the private sector entity
served by the bond issuance. The city is not obligated in any manner for
repayment of the bonds or notes. Accordingly, the bonds are not reported as
liabilities in the accompanying financial statements.
As of December 31, 2020, there was one Revenue Refunding Note and two series
of Educational Facilities Revenue Notes outstanding. The original issue of the
2014 Revenue Refunding Note (Ice Arena Project) totaled $1,111,000 and
matures in 2024. The original issues of the 2017A and 20178 Educational
Facilities Revenue Notes totaled $2,225,000 and mature in 2037. These balances
have reduced through regularly scheduled payments. The outstanding balance
as of December 31, 2020 is undetermined.
F. Pay -As -You -Go Tax Increment Notes
The city, in order to spur economic development and redevelopment, has
entered into private development and redevelopment agreements to encourage
developers to construct, expand, or improve new or existing properties and
buildings or clean-up and redevelop blighted areas. These agreements may in
substance be a tax abatement but will depend on their individual circumstances.
G. Abatements
The city is authorized to create a tax increment financing plan under Minnesota
Statute 469.175. The criteria that must be met under the statute are that, in the
opinion of the municipality:
the proposed development or redevelopment would not reasonably be
expected to occur solely through private investment within the
reasonably foreseeable future; and
the increased market value of the site that could reasonably be
expected to occur without the use of tax increment financing would be
less than the increase in the market value estimated to result from the
proposed development after subtracting the present value of the
projected tax increments for the maximum duration of the district
45
Notes to the Financial Statements — December 31, 2020
permitted by the plan. The requirements of this item do not apply if the
district is a housing district;
that the tax increment financing plan conforms to the general plan for the
development or redevelopment of the municipality as a whole; and
that the tax increment financing plan will afford maximum opportunity,
consistent with the sound needs of the municipality as a whole, for the
development or redevelopment of the project by private enterprise.
The city has development agreements with private developers for properties in the
city's tax increment districts. As part of the agreements, the city has agreed to
reimburse the developers for certain costs through pay-as-you-go tax increment
notes.
These notes provide for the payment of principal equal to the developers' costs,
plus interest at rates ranging from 5.5% to 8.5% (interest accrual commencing
upon the developer completing the project). Payments of the notes will be made
at the lesser of the scheduled note payments or the actual net tax increment
received during the period specified in the agreement. The notes, classified as
abatements, will be canceled at the end of the agreement term, whether it has
been fully repaid or not.
The city currently has two agreements that would be considered tax abatements
under GASB Statement 77. The outstanding principal balances as of December
31, 2020 are listed in the following table. These notes are not included in the city's
long-term debt, because repayment is required only to the extent sufficient tax
increments are received. The city's position is that this is an obligation to assign
future and uncertain revenue sources and is not actual debt in substance.
Name Purpose
1-22 Redevelopment activities in
Downtown 1997 Downtown and 2010
District Embracing Downtown plans
1-40 60 unit elderly (senior
Briggs citizen) housing facility
H. Arbitrage Rebate
Amount of taxes Outstanding Date of
abated during principal balance required
the fiscal year at year-end decertification
11,303 $ 184,816 12/31/2024
785,000 12/31/2045
In accordance with the provisions of Section 148(f) of the Internal Revenue Code
of 1986, as amended, bonds must satisfy certain arbitrage rebate requirements.
Positive arbitrage is the excess of (1) the amount earned on investments
purchased with bond proceeds over (2) the amount that such investments would
have earned had such investments been invested at a rate equal to the yield on
CITY OF MONTICELLO
the bond issue. In order to comply with the arbitrage rebates requirements,
positive arbitrage must be paid to the
U.S. treasury at the end of each five-year
anniversary date of the bond issue.
As of December 31, 2020, there are no
arbitrage rebates owed.
I. Revenue Pledged
Future revenue pledged for the payment of long-term debt is as follows:
2013B G.O.
Wastewater
Description
Treatment Bonds PFA Note
Use of proceeds
Sewage Fund Sewage Fund
Revenue pledged
Type
Utility charges Utility charges
Percent of total debt service
52% 48%
Term of pledge
2013-2028 2015-2035
Remaining principal & interest
$ 1,961,273 $ 1,843,810
Current year
Principal and interest paid
$ 242,398 $ 123,134
Pledged revenue received
$ 1,330,864 $ 1,228,490
NOTE 6. DEFINED BENEFIT PENSION PLANS — STATE-WIDE
A. Plan Description
The city participates in the General Employees Retirement Fund (GERF) cost-
sharing multiple -employer defined benefit pension plan administered by the
Public Employees Retirement Association of Minnesota (PERA). PERA's
defined benefit pension plans are established and administered in accordance
with Minnesota Statutes, Chapters 353 and 356. PERA's defined benefit
pension plans are tax qualified plans under Section 401 (a) of the Internal
Revenue Code.
General Employees Retirement Fund (General Employees Plan)
All full-time and certain part-time employees of the city are covered by the
General Employees Plan. General Employees Plan members belong to the
Coordinated Plan. Coordinated Plan members are covered by Social Security.
46
Notes to the Financial Statements - December 31, 2020
B. Benefits Provided
PERA provides retirement, disability, and death benefits. Benefit provisions are
established by state statute and can only be modified by the state legislature.
Vested, terminated employees who are entitled to benefits but are not receiving
them yet are bound by the provisions in effect at the time they last terminated their
public service.
General Employees Plan Benefits
Benefits are based on a member's highest average salary for any five successive
years of allowable service, age, and years of credit at termination of service. Two
methods are used to compute benefits for PERA's Coordinated Plan members.
Members hired prior to July 1, 1989, receive the higher of Method 1 or Method 2
formulas. Only Method 2 is used for members hired after June 30, 1989. Under
Method 1, the accrual rate for Coordinated members is 1.2% of average salary for
each of the first 10 years of service and 1.7% of average salary for each additional
year. Under Method 2, the accrual rate for Coordinated members is 1.7% of
average salary for all years of service. For members hired prior to July 1, 1989 a
full annuity is available when age plus years of service equal 90 and normal
retirement age is 65. For members hired on or after July 1, 1989, normal retirement
age is the age for unreduced Social Security benefits capped at 66.
Benefit increases are provided to benefit recipients each January. Beginning in
2019, the postretirement increase is equal to 50% of the cost -of -living adjustment
(COLA) announced by the Social Security Administration, with a minimum
increase of at least 1.0% and a maximum of 1.5%. Recipients that have been
receiving the annuity or benefit for at least a full year as of the June 30 before the
effective date of the increase will receive the full increase. For recipients receiving
the annuity or benefit for at least one month but less than a full year as of the June
30 before the effective date of the increase will receive a reduced prorated
increase. For members retiring on January 1, 2024, or later, the increase will be
delayed until normal retirement age (age 65 if hired prior to July 1, 1989, or age
66 for individuals hired on or after July 1, 1989). Members retiring under Rule of
90 are exempt from the delay to normal retirement.
C. Contributions
Minnesota Statutes Chapter 353 sets the rates for employer and employee
contributions. Contribution rates can only be modified by the state legislature.
General Employees Fund Contributions
Coordinated Plan members were required to contribute 6.50%, of their annual
covered salary in fiscal year 2020, and the city was required to contribute 7.50%
for Coordinated Plan members. The city's contributions to the General Employees
Fund for the year ended December 31, 2020, were $304,809. The city's
CITY OF MONTICELLO
contributions were equal to the required contributions as set by state statute.
D. Pension Costs
General Employees Fund Pension Costs
At December 31, 2020, the city reported a liability of $3,405,420 for its
proportionate share of the General Employees Fund's net pension liability. The
city's net pension liability reflected a reduction due to the State of Minnesota's
contribution of $16 million. The State of Minnesota is considered a non -
employer contributing entity and the state's contribution meets the definition of
a special funding situation. The State of Minnesota's proportionate share of the
net pension liability associated with the city totaled $104,919. The net pension
liability was measured as of June 30, 2020, and the total pension liability used
to calculate the net pension liability was determined by an actuarial valuation as
of that date. The city's proportionate share of the net pension liability was based
on the city's contributions received by PERA during the measurement period for
employer payroll paid dates from July 1, 2019, through June 30, 2020, relative
to the total employer contributions received from all of PERA's participating
employers. The city's proportionate share was 0.0568%, which was an increase
of 0.0003% from its proportionate share at June 30, 2019.
For the year ended December 31, 2020, the city recognized pension expense
of $99,210 for its proportionate share of the General Employees Fund's pension
expense. In addition, the city recognized an additional $9,147 as pension
expense (and grant revenue) for its proportionate share of the State of
Minnesota's contribution of $16 million to the General Employees Fund.
At December 31, 2020, the city reported its proportionate share of the General
Employees Plan's deferred outflows of resources and deferred inflows of
resources related to pensions from the following sources:
Deferred Outflows Deferred Inflows
of Racnurrac of RP,;n11rCAlC
Differences between expected and
actual economic experience $ 30,852 $ 12,885
Changes in actuarial assumptions - 124,892
Net collective difference between
projected and actual investment earnings 68,068
Changes in proportion 55,643
Contributions paid to PERA subsequent
to the measurement date 155,223 -
Total $ 309,786 $ 137,777
47
Notes to the Financial Statements — December 31, 2020
$155,223 reported as deferred outflows of resources related to pensions resulting
from the city's contributions subsequent to the measurement date will be
recognized as a reduction of the net pension liability in the year ended December
31, 2021. Other amounts reported as deferred outflows and deferred inflows of
resources related to pensions, excluding the contributions subsequent to the
measurement date, will be recognized in pension expense as follows:
Pension
Yearended Expense
December 31, Amount
2021 $ (158,191)
2022 23,836
2023 68,865
2024 82,276
$ 16,786
E. Actuarial Assumptions
The total pension liability in the June 30, 2020 actuarial valuation was determined
using an individual entry -age normal actuarial cost method and the following
actuarial assumptions:
Inflation 2.25% per year
Active Member Payroll Growth 3.00% per year
Investment Rate of Return 7.50%
Salary increases were based on a service -related table. Mortality rates for active
members, retirees, survivors, and disabilitants for all plans were based on RP
2014 tables for males or females, as appropriate, with slight adjustments to fit
PERA's experience. Cost of living benefit increases after retirement for retirees
are assumed to be 1.25% per year for the General Employees Plan.
Actuarial assumptions used in the June 30, 2020 valuation were based on the
results of actuarial experience studies. The most recent four-year experience
study in the General Employees Plan was completed in 2019. The assumption
changes were adopted by the Board and become effective with the July 1, 2020
actuarial valuation.
The following changes in actuarial assumptions and changes in plan provisions
occurred in the General Employees Plan in 2020:
CITY OF MONTICELLO
• The price inflation assumption was decreased from 2.50% to 2.25%.
• The payroll growth assumption was decreased from 3.25% to 3.00%.
• Assumed salary increase rates were changed as recommended in the
June 30, 2019 experience study. The net effect is assumed rates that
average 0.25% less than previous rates.
• Assumed rates of retirement were changed as recommended in the
June 30, 2019 experience study. The changes result in more
unreduced (normal) retirements and slightly fewer Rule of 90 and early
retirements.
• Assumed rates of termination were changed as recommended in the
June 30, 2019 experience study. The new rates are based on service
and are generally lower than the previous rates for years 2-5 and
slightly higher thereafter.
• Assumed rates of disability were changed as recommended in the
June 30, 2019 experience study. The change results in fewer predicted
disability retirements for males and females.
• The base mortality table for healthy annuitants and employees was
changed from the RP -2014 table to the Pub -2010 General Mortality
table, with adjustments. The base mortality table for disabled
annuitants was changed from the RP -2014 disabled annuitant mortality
table to the PUB -2010 General/Teacher disabled annuitant mortality
table, with adjustments.
• The mortality improvement scale was changed from Scale MP -2018 to
Scale MP -2019.
• The assumed spouse age difference was changed from two years
older for females to one year older.
• The assumed number of married male new retirees electing the 100%
Joint & Survivor option changed from 35% to 45%. The assumed
number of married female new retirees electing the 100% Joint &
Survivor option changed from 15% to 30%. The corresponding number
of married new retirees electing the Life annuity option was adjusted
accordingly.
• Augmentation for current privatized members was reduced to 2.0% for
the period July 1, 2020 through December 31, 2023 and 0.0% after.
Augmentation was eliminated for privatizations occurring after June 30,
2020.
The State Board of Investment, which manages the investments of PERA,
prepares an analysis of the reasonableness on a regular basis of the long-term
expected rate of return using a building-block method in which best -estimate
ranges of expected future rates of return are developed for each major asset
class. These ranges are combined to produce an expected long-term rate of
return by weighting the expected future rates of return by the target asset
48
Notes to the Financial Statements — December 31, 2020
allocation percentages. The target allocation and best estimates of geometric real H. Pension Plan Fiduciary Net Position
rates of return for each major asset class are summarized in the following table:
Asset Class
Domestic stocks
Internalation stocks
Bonds (fixed income)
Alternative assets (private markets)
Cash
Total
F. Discount Rate
Target
Allocation
35.5%
17.5%
20.0%
25.0%
2.0%
100.0%
CITY OF MONTICELLO
Detailed information about the General Employees Fund pension plan's
Long -Term
fiduciary net position is available in a separately -issued PERA financial report
Expected Real
that includes financial statements and required supplementary information.
Rate of Return
That report may be obtained on the Internet at www.mnpera.org.
5.10%
NOTE 7. PUBLIC EMPLOYEES DEFINED CONTRIBUTION PENSION
5.30%
PLANS — STATE-WIDE
0.75%
5.90%
All council members of the city are covered by the Public Employees Defined
0.00%
Contribution Plan (PEDCP), a multiple -employer deferred compensation plan
administered by PERA. However, only two of the five Council members choose
to participate in the plan. The PEDCP is a tax qualified plan under Section
401(a) of the Internal Revenue Code and all contributions by or on behalf of
employees are tax deferred until time of withdrawal.
The discount rate used to measure the total pension liability in 2020 was 7.50%.
The projection of cash flows used to determine the discount rate assumed that
contributions from plan members and employers will be made at the rates set in
Minnesota Statutes. Based on these assumptions, the fiduciary net position of the
General Employees Fund was projected to be available to make all projected
future benefit payments of current plan members. Therefore, the long-term
expected rate of return on pension plan investments was applied to all periods of
projected benefit payments to determine the total pension liability.
G. Pension Liability Sensitivity
The following presents the city's proportionate share of the net pension liability
calculated using the discount rate disclosed in the preceding paragraph, as well
as what the city's proportionate share of the net pension liability would be if it were
calculated using a discount rate 1 percentage point lower or 1 percentage point
higher than the current discount rate:
1% Decrease 1% Increase
In Discount Discount In Discount
Rate (6.50%) Rate (7.50%) Rate (8.50%)
City's proportionate
share of the GERF
net pension liability $ 5,457,706 $ 3,405,420 $ 1,712,448
Plan benefits depend solely on amounts contributed to the plan plus investment
earnings, less administrative expenses. Minnesota Statutes, Chapter 353D.03,
specifies plan provisions, including the employee and employer contribution
rates for those qualified personnel who elect to participate. An eligible elected
official who decides to participate contributes 5% of salary which is matched by
the elected official's employer. Employer and employee contributions are
combined and used to purchase shares in one or more of the seven accounts
of the Minnesota Supplemental Investment Fund. For administering the plan,
PERA receives 2% of employer contributions and twenty-five hundredths of 1 %
(0.25%) of the assets in each member's account annually.
Total contributions made by the city during fiscal year 2020 were:
Contribution Amount % of Covered Payroll Required
Employee Employer Employee Employer Rate
780 $ 780 5.00% 5.00% 5.00%
NOTE 8. DEFINED BENEFIT PENSION PLAN - MONTICELLO FIRE
RELIEF ASSOCIATION
A. Plan Description
All members of the Monticello Fire Department (the Department) are covered
by a defined benefit plan administered by the Monticello Fire Relief Association
(the Association). As of December 31, 2020, the plan covered 27 active
firefighters and 6 retirees and beneficiaries. The plan is a single -employer
49
Notes to the Financial Statements — December 31, 2020
retirement plan that is established and administered in accordance with Minnesota
statute, chapter 69.
The Association maintains a separate Special fund to accumulate assets to fund
the retirement benefits earned by the Department's membership. Funding for the
Association is derived from voluntary contributions from the city and 2% fire aid
from the State of Minnesota, as well as from investment income.
B. Benefits Provided
Upon approval by the Board of Trustees, lump sum retirement benefits are either
paid or deferred as follows:
Each member who is at least 50 years of age, has retired from the fire
department, has served at least 10 years of active service with such
department before retirement and has been a member of the Association in
good standing at least 10 years prior to such retirement, shall be entitled to a
lump sum service pension in the amount of $4,200 for each year of service
but not exceeding the maximum amount per year of service allowed by law
for the minimum average amount of available financing per firefighter as
prescribed by laws. A year of service may be prorated to twelve monthly
slices, if a full year of active service is not reached.
If a member of the Association shall become permanently and totally disabled,
the Association shall pay the sum of $4,200 for each year the member was an
active member of the Association. If a member who received a disability
pension subsequently recovers and returns to active duty, the disability
pension is deducted from the service pension as approved by the Board of
Trustees.
According to the bylaws of the Association and pursuant to Minnesota
Statutes, members who retire with less than 20 years of service and have
reached the age of 50 years and have completed at least 10 years of active
membership are entitled to a reduced service pension not to exceed the
amount calculated by multiplying the member's service pension for the
completed years of service times an applicable nonforfeitable percentage.
During the time a member is on deferred vested pension (not yet reached age
50), they will earn interest on the deferred benefit amount at a rate determined
by the Board of Trustees, up to 5%, compounded annually. A deferred vested
member will not be eligible for disability benefits.
C. Contributions
Minnesota statutes, chapters 424 and 424A authorize pension benefits for
CITY OF MONTICELLO
volunteer fire relief associations. Contributions by the city are determined as
follows:
• Normal cost for next year (increase in pension benefit obligation)
• Plus estimated expenses for next year and 10% of any deficits
• Less anticipated income next year and 10% of any surplus
The plan is funded by fire state aid, investment earnings and, if necessary,
employer contributions as specified in Minnesota statutes and voluntary city
contributions (if applicable). The State of Minnesota contributed $128,638 in fire
state aid to the plan on behalf of the city Fire Department for the year ended
December 31, 2020, which was recorded as a revenue. Required employer
contributions are calculated annually based on statutory provisions. The city's
statutorily -required contributions to the plan for the year ended December 31,
2020 were $128,638. The city's contributions were equal to the required
contributions as set by state statute. The city made no voluntary contributions
to the plan. Furthermore, the members have no obligation to contribute to the
plan.
D. Actuarial Assumptions
The total pension liability at December 31, 2020 was determined using the entry
age cost method and the following assumptions:
Retirement eligibility at 100% service pension at age 50 and 20 years of service,
early vested retirement at age 50 with 10 years of service vested at 60% and
increased by 4% for each additional year of service up to 20 and eligibility for
deferred service pension payable at age 50 and 20 years of service.
Benefit increases 2.00% per year
Cost of living increases 2.00% per year
Investment rate of return 4.25%
20 year municipal bond yield 2.74%
E. Pension Costs
At December 31, 2020, the city reported a net pension asset of $398,991 for the
FRA plan. The total pension liability used to calculate the net pension liability in
accordance with GASB 68 was determined by Robinson Associates LLC
applying an actuarial formula to specific census data certified by the fire
department as of December 31, 2020. For the year ended December 31, 2020,
the Fire Department recognized pension expense of $15,871.
50
Notes to the Financial Statements — December 31, 2020
At December 31, 2020, the fire relief reported deferred outflows/inflows of
resources as follows:
Differences between expected and
actual economic experience
Changes in actuarial assumptions
Net difference between projected
and actual investment earnings
Deferred Deferred
Outflows Inflows
of Resources of Resources
$ 70,676 $ 198,568
7,419 7,389
- 113,602
$ 78,095 $ 319,559
Amounts reported as deferred outflows and inflows of resources related to
pensions will be recognized in pension expense as follows:
$ (241,464)
The 4.25% long-term expected rate of return on pension plan investments was
determined using a building-block method in which best estimates for expected
future real rates of return (expected returns, net of inflation) were developed for
each asset class using the plan's target investment allocation along with long-term
return expectations by asset class. Inflation expectations were applied to derive
the nominal rate of return for the portfolio.
The target allocation and best estimates of arithmetic real rates of return for each
major asset class are summarized in the following table:
CITY OF MONTICELLO
Pension
Yearended
Expense
December 31,
Amount
2021
$ (46,564)
2022
(31,668)
2023
(53,877)
2024
(29,049)
2025
(11,889)
Thereafter
(68,417)
$ (241,464)
The 4.25% long-term expected rate of return on pension plan investments was
determined using a building-block method in which best estimates for expected
future real rates of return (expected returns, net of inflation) were developed for
each asset class using the plan's target investment allocation along with long-term
return expectations by asset class. Inflation expectations were applied to derive
the nominal rate of return for the portfolio.
The target allocation and best estimates of arithmetic real rates of return for each
major asset class are summarized in the following table:
CITY OF MONTICELLO
F. Changes in the Net Pension Liability (Asset)
Beginning balance 12/31/19
Changes for the year
Service cost
Interest on total pension liability
Differences between actual and expected
experience in measurement of TPL
Contributions from employer
Net investment income
Administrative expenses
Ending balance 12/31/20
G. Discount Rate
Total
Long-term
Target
Expected Real
Asset Class Allocation
Rate of Return
Cash 2.3%
-0.02%
Mutual funds 97.7%
3.22%
100.0%
(a -b)
F. Changes in the Net Pension Liability (Asset)
Beginning balance 12/31/19
Changes for the year
Service cost
Interest on total pension liability
Differences between actual and expected
experience in measurement of TPL
Contributions from employer
Net investment income
Administrative expenses
Ending balance 12/31/20
G. Discount Rate
Total
Plan
Net Pension
Pension
Fiduciary
Liability
Liability (TPL)
Net Position
(Asset)
(a)
(b)
(a -b)
$ 981,203
$ 1,209,943
$ (228,740)
69,921
43,168
69,921
43,168
(20,335) - (20,335)
128,638 (128,638)
139,820 (139,820)
(5,453) 5,453
$ 1,073,957 $ 1,472,948 $(398,991)
The discount rate used to measure the total pension liability was 4.25%. The
projection of cash flows used to determine the discount rate assumed that
contributions to the FRA plan will be made as specified in statute. Based on that
assumption and considering the funding ratio of the plan, the fiduciary net
position was projected to be available to make all projected future benefit
payments of current active and inactive members. Therefore, the long-term
expected rate of return on pension plan investments was applied to all periods
of projected benefit payments to determine the total pension liability.
H. Pension Asset Sensitivity
The following presents the city's net pension liability (asset) for the FRA plan,
calculated using the discount rate disclosed in the preceding paragraph, as well
as what the city's net pension liability (asset) would be if it were calculated using
51
Notes to the Financial Statements — December 31, 2020
a discount rate 1 percentage point lower or 1 percentage point higher than the
current discount rate:
1 % Decrease 1 % Increase
In Discount Discount In Discount
Rate (3.25%) Rate (4.25%) Rate (5.25%)
Net Pension
Liability (Asset) $ (334,521) $ (398,991) $ (452,983)
Pension Plan Fiduciary Net Position
The Association issues a publicly available financial report that includes financial
statements and required supplementary information. A copy of the report may be
obtained at Monticello City Hall.
J. Other Pension Information
The following is a summary of the net pension assets and liabilities, deferred
outflows and inflows of resources, and pension expense reported for the PERA
and FRA pension plans as of the year ended December 31, 2020:
Pension Plan
Deferred Deferred
Net Pension Net Pension Outflows of Inflows of
Asset Liability Resources Resources
Pension
Expense
State-wide, mulit-
employer-PERA $ - $ 3,405,420 $ 309,786 $ 137,777 $ 108,357
Single -employer- FRA 398,991 - 78,095 319,559 15,871
$ 398,991 $ 3,405,420 $ 387,881 $ 457,336 $ 124,228
NOTE 9. OTHER POST -EMPLOYMENT BENEFITS (OPEB) PLAN
A. Plan Description
The city provides post -employment insurance benefits to certain eligible
employees through its OPEB Plan, a single -employer defined benefit plan
administered by the city. All post -employment benefits are based on contractual
agreements with employee groups. Eligibility for these benefits is based on years
of service and/or minimum age requirements. These contractual agreements do
not include any specific contribution or funding requirements. The Retiree Health
Plan does not issue a publicly available financial report. No plan assets are
accumulated in a trust that meets the criteria in paragraph 4 of GASB Statement
No. 75.
CITY OF MONTICELLO
B. Benefits Provided
All retirees of the city upon retirement have the option under state law to
continue their medical insurance coverage through the city. For members of
certain employee groups, the city pays for all or part of the eligible retiree's
premiums for medical and/or dental insurance from the time of retirement until
the employee reaches the age of eligibility for Medicare. Benefits paid by the
city differ by bargaining unit and date of hire, with some contracts specifying a
certain dollar amount per month, and some covering premium costs as defined
within each collective bargaining agreement. Retirees not eligible for these
city -paid premium benefits must pay the full city premium rate for their
coverage.
The city is legally required to include any retirees for whom it provides health
insurance coverage in the same insurance pool as its active employees until
the retiree reaches Medicare eligibility, whether the premiums are paid by the
city or the retiree. Consequently, participating retirees are considered to
receive a secondary benefit known as an "implicit rate subsidy." This benefit
relates to the assumption that the retiree is receiving a more favorable
premium rate than they would otherwise be able to obtain if purchasing
insurance on their own, due to being included in the same pool with the city's
younger and statistically healthier active employees.
C. Contributions
The required contribution is based on projected pay-as-you-go financing
requirements, with additional amounts to prefund benefits as determined
periodically by the city. The city's current year required pay-as-you-go
contributions to finance the benefits described in the previous section totaled
$2,040.
D. Membership
Membership in the plan consisted of the following as of the latest actuarial
valuation:
Retirees and beneficiaries receiving benefits -
Active plan members 38
Total members 38
52
Notes to the Financial Statements — December 31, 2020
E. Total OPEB Liability of the City
The city's total OPEB liability of $141,276 as of year-end was measured as of
January 1, 2020 and was determined by an actuarial valuation as of January 1,
2019.
F. Actuarial Assumption
The total OPEB liability was determined by an actuarial valuation as of January 1,
2019, using the following actuarial assumptions, applied to all periods included in
the measurement, unless otherwise specified:
Discount rate
20 -year municipal bond yield
Inflation rate
Salary increases
Medical trend rate
3.80%
3.80%
2.50%
3.00%
6.5% grading to 5.0% over 6 years
The actuarial assumptions used in the latest valuation were based on those used
to value pension liabilities for Minnesota city employees. The state pension plans
base their assumptions on periodic experience studies. Economic assumptions
are based on input from a variety of published sources of historical and projected
future financial data. Each assumption was reviewed for reasonableness with the
source information as well as for consistency with the other economic
assumptions.
Since the plan is not funded by an irrevocable trust, the discount rate is equal to
the 20 -year municipal bond yield rate of 3.80%, which was set by considering
published rate information for 20 -year high quality, tax-exempt, general obligation
municipal bonds as of the measurement date.
Mortality rates were based on the RP -2014 White Collar Mortality Tables with MP -
2018 Generational Improvement Scale.
Future retirees electing coverage is assumed to be 50% with 30% of those electing
family coverage.
G. Changes in the Total OPEB Liability
CITY OF MONTICELLO
Total OPEB
Liability
Beginning balance $ 127,649
Changes for the year
Service cost 10,457
Interest 5,210
Benefit payments — employer financed (2,040)
13,627
Ending balance $ 141,276
Assumption changes since the prior measurement date include the following:
• The health care trend rates were changed to better anticipate short
term and long-term medical increases.
H. Total OPEB Liability Sensitivity to Discount and Health -Care Cost
Trend Rate Changes
The following presents the total OPEB liability of the city, as well as what the
city's total OPEB liability would be if it were calculated using a discount rate that
is 1 percentage point lower or 1 percentage point higher than the current
discount rate:
1% Decrease in Discount 1% Increase in
Discount Rate Rate Discount Rate
OPEB discount rate 2.80% 3.80% 4.80°%
Total OPEB liability $152,054 $141,276 $131,134
The following presents the total OPEB liability of the city, as well as what the
city's total OPEB liability would be if it were calculated using healthcare cost
trend rates that are 1 percentage point lower or 1 percentage point higher than
the current healthcare cost trend rates:
1% Decrease in Healthcare Trend 1% Increase in
Healthcare Trend Rate Rate Healthcare Trend Rate
OPEB medical trend rate 5.50% decreasing to 6.50% decreasing to 7.50% decreasing to
4.00% over 5 years 5.00% mer 5 years 6.00% over 5 years
Total OPEB liability $125,440 $141,276 $159,932
53
Notes to the Financial Statements — December 31, 2020
OPEB Expense and Related Deferred Outflows of Resources and
Deferred Inflows of Resources
For the current year ended, the city recognized OPEB expense/(benefit) of
($11,411). As of year-end, the city reported deferred outflows of resources and
deferred inflows of resources related to OPEB from the following sources:
Deferred Deferred
Outflows Inflows
of Resources of Resources
Liability gains $ $ 133,919
Assumption changes 11461
Benefit payments after the measurement date 3,765 -
Total $ 3,765 $ 135,380
Amounts reported as deferred outflows and inflows of resources related to OPEB,
excluding benefit payments after the measurement date, will be recognized in
OPEB expense as follows:
OPEB
Year Ending Expense
June 30, Amount
2021
$ (27,078)
2022
(27,078)
2023
(27,078)
2024
(27,078)
2025
(27,068)
$ (135,380)
NOTE 10. RISK MANAGEMENT AND LITIGATION
The city is exposed to various risks of losses related to torts; theft of, damage to,
and destruction of assets; errors and omissions; injuries to employees; and natural
disasters. For the past several years, the city has obtained insurance coverage
from various trusts administered by the League of Minnesota Cities (LMCIT).
Additionally, the city has effectively managed risk through various employee
education and prevention programs.
All risk management activities are accounted for in the appropriate fund.
Expenditures and claims are recognized when it is probable that a loss has
CITY OF MONTICELLO
occurred, the amount of the loss can be reasonably estimated, and the loss
amount exceeds insurance coverage. In determining claims, events that might
create claims, but for which none have been reported, are considered.
The city attorney estimates that the amount of actual or potential claims against
the city as of December 31, 2020 will not materially affect the financial condition
of the city.
Workers compensation coverage is procured through Travelers Insurance, a
private insurance company. The city has never had to contribute any additional
funds beyond the annual standard premium and deductibles, which is $1,000
per occurrence. The city's annual premium reflects a base rate based on
number of employees, total employee compensation, and history of workplace
injuries.
The city provides health benefit coverage to all full-time employees and certain
part-time employees who meet personnel policy set criteria. The city pays a
portion of the premium, which is set annually by council action, and is not
obligated to make any other payments.
The city also purchases property, vehicle, liability and various other insurance
coverages from the LMCIT. The standard deductible for most claims is $1,000.
State statute sets tort limits for most liability claims at $500,000 per individual
and $1,500,000 for all claimants for one incident. Annually, the council can
waive the tort limits, but has chosen not to without exception. The city
periodically receives a dividend from LMCIT and has never had to contribute
additional funds beyond premiums and deductibles.
There were no significant reductions in insurance coverages from the previous
year and there were no settlements in excess of insurance coverage in each of
the past three years.
NOTE 11. CLAIMS AND JUDGMENTS
The city participates in a number of federal and state programs that are fully or
partially funded by grants received from other governmental units. Expenditures
financed by grants are subject to audit by the appropriate grantor government.
If expenditures are disallowed due to noncompliance with grant program
regulations, the city may be required to reimburse the grantor government.
As of December 31, 2020, significant amounts of grant expenditures have not
been audited by the granting agency, but the city believes that disallowed
expenditures discovered in subsequent audits, if any, will not have a material
effect on any of the individual funds or the overall financial position of the city.
54
Notes to the Financial Statements — December 31, 2020
NOTE 12. CONCENTRATION OF REVENUES
Cargill Kitchen Solutions is the largest customer of water and sewage services.
The company's water purchases account for $81,436, or 5.3 percent, of Water
Fund operating revenue; and the company's sewage charges account for
$415,408, or 16.2 percent, of Sewage Fund operating revenue. Additionally,
Northern States Power Company's (Xcel Energy) net tax capacity for property
taxes payable in 2020 is $16,079,435, or 52.5 percent, of the total net capacity of
$30,610,915. Accordingly, Xcel Energy's share of the $10.8 million city property
tax levy is $5.67 million. The tax capacity on January 1, 2020, is based on market
values certified to the state on January 1, 2019.
NOTE 13. SUBSEQUENT EVENTS
Beginning early in 2020, the worldwide spread of the novel coronavirus (COVID-
19) has caused significant volatility in the economy and financial markets. There
is significant uncertainty about the breadth and duration of potential business
disruptions related to COVID-19, and its economic impact in the U.S. and around
the world. At this time, the city is unable to determine what effect this may have
on its future financial condition and operations.
CITY OF MONTICELLO
NOTE 14. INTERFUND TRANSFERS
Interfund transfers for the year ended December 31, 2020 are as follows:
Governmental funds:
General
Community Center
Economic Development Authority
Debt Service
Capital Projects
Nonmajor governmental
Total governmental funds
Enterprise funds:
Water
Liquor
Total enterprise funds
Total
Transfers In Transfers Out
$ - $ 1,000,000
425,000 -
- 200,000
200,000 -
1,900,000 -
235,000 -
2,760,000 1,200,000
- 900,000
- 660,000
- 1,560,000
$ 2,760,000 $ 2,760,000
The following schedule reflects each fund transfer:
Transfers In Transfers Out Amount
Community Center
Debt Service
Capital Projects
Nonmajor governmental
Liquor
$ 425,000
(1)
Economic
Development Authority
200,000
(2)
General
1,000,000
(3)
Water
900,000
(3)
Liquor
235,000
(3)
Total
$2,760,000
(1) Transferto fund roofing projectand impacts related to COVID-19 pandemic
(2) Transferfor principal and interest payments on 2011Adebtissue.
(3) Transfer for project and equipment related funding.
55
Notes to the Financial Statements — December 31, 2020
NOTE 15. FUND BALANCES
At December 31, 2020, a summary of the city's governmental fund balance classifications are as follows:
Special Revenue Funds
Economic Debt
General Community Development Service
Fund Center Authority Fund
CITY OF MONTICELLO
Capital Nonmajor
Projects Funds Total
Nonspendable
Prepaid items
$ 145,603 $ 23,482 $ 3,186
$ - $ - $ 932
$ 173,203
Restricted
Debt service
- - -
1,304,532 - -
1,304,532
Capital improvements
- - -
- 820,516 -
820,516
Economic development
- - 1,396,467
- - 924,538
2,321,005
Perpetual cemetery care
- - -
- 54,407
54,407
Tax increment
- - 507,717
- - -
507,717
Total restricted
- - 1,904,184
1,304,532 820,516 978,945
5,008,177
Assigned
Capital improvements - - - - 16,337,080 3,381,062 19,718,142
Economic development - - 4,611,335 - - - 4,611,335
Community center operations - 28,875 - - - - 28,875
Total assigned - 28,875 4,611,335 - 16,337,080 3,381,062 24,358,352
Unassigned 6,494,632 - - - - - 6,494,632
Total $ 6,640,235 $ 52,357 $ 6,518,705 $ 1,304,532 $ 17,157,596 $ 4,360,939 $ 36,034,364
56
nk'
REQUIRED SUPPLEMENTARY INFORMATION
CITY OF MONTICELLO
Required Supplementary Information
Schedule of Employer's Share and Non -Employer Proportionate Share
of Net Pension Liability - Public Employees Retirement Association
Last Ten Fiscal Years (1)
General Employees Retirement Fund
(1) The city implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). This schedule is intended to present 10 -year trend information.
Additional years will be added as they become available.
(2) For purposes of this schedule, covered employee payroll is defined as "pensionable wages."
57
Employer's
Employer's
Proportionate Share
Proportionate Share
PERA
of the State of
of the Net Pension
Fiscal
Employer's
Minnesota's
Total Employer's
Liability as a
Plan Fiduciary Net
Year
Employer's Proportion
Proportionate Share
Proportionate Share
Proportionate Share
(2)
Percentage of
Position as a
Ending
(Percentage) of the
(Amount) of the Net
of the Net Pension
of the Net Pension
Covered Employee
Covered Employee
Percentage of the
June 30,
Net Pension Liability
Pension Liability
Liability
Liability
Payroll
Payroll
Total Pension Liability
2015
0.0578%
$2,995,496
$0
$2,995,496
$3,395,756
88.21%
78.2%
2016
0.0588%
4,774,268
62,387
4,836,655
3,651,024
130.77%
68.9%
2017
0.0549%
3,504,780
44,041
3,548,821
3,534,506
99.16%
75.9%
2018
0.0550%
3,051,175
100,077
3,151,252
3,697,145
82.53%
79.5%
2019
0.0565%
3,123,758
96,996
3,220,754
3,997,826
78.14%
80.2%
2020
0.0568%
3,405,420
104,919
3,510,339
4,048,023
84.13%
79.1%
(1) The city implemented GASB Statement No. 68 in fiscal 2015 (using a June 30, 2015 measurement date). This schedule is intended to present 10 -year trend information.
Additional years will be added as they become available.
(2) For purposes of this schedule, covered employee payroll is defined as "pensionable wages."
57
CITY OF MONTICELLO
Required Supplementary Information
Schedule of Employer's Pension Contributions - Public Employees
Retirement Association
Last Ten Fiscal Years (1)
General Employees Retirement Fund
Fiscal
Year
Contributions in Relation to the
Ending
Statutorily Required
Statutorily Required
(2)
Contributions as a Percentage of
December
Contributions
Contributions
Contribution Deficiency (Excess) Covered Employee Payroll
Covered Employee Payroll
31,
(a)
(b)
(a -b) (c)
(b/c)
2015 $
266,042
$ 266,042
$ $ 3,547,217
7.5%
2016
267,516
267,516
3,566,884
7.5%
2017
269,721
269,721
3,596,280
7.5%
2018
287,700
287,700
3,835,998
7.5%
2019
308,216
308,216
4,109,547
7.5%
2020
304,809
304,809
4,064,114
7.5%
(1) The city implemented GASB Statement No. 68 in fiscal 2015 using a June 30, 2015 measurement date. This schedule is intended to present 10 -year trend information.
Additional years will be added as they become available.
(2) For purposes of this schedule, covered employee payroll is defined as "pensionable wages."
58
Required Supplementary Information
Schedule of Changes in the Fire Relief Association's Net Pension
Liability (Asset) and Related Ratios
Last Ten Fiscal Years (1)
Total pension liability
Service cost
Interest
Changes in benefit terms
Experience gain/(loss)
Effect of changes in assumptions
Benefit payments, including refund of member contributions
Net change in total pension liability
Total pension liability - beginning
Total pension liability - ending (A)
Plan fiduciary net position
Contributions - State
Supplemental benefits reimbursements
Net investment income
Benefit payments, including refund of member contributions
Administrative expenses
Net change in plan fiduciary net position
Plan fiduciary net position - beginning
Plan fiduciary net position - ending (B)
Net pension liability (asset) - ending (A) -(B)
Plan fiduciary net position as a percentage of the total pension liability
Covered employee payroll (2)
Net pension liability as a percentage of covered employee payroll (2)
CITY OF MONTICELLO
2015 2016 2017 2018 2019 2020
$ 77,343 $ 79,730 $ 66,097 $ 71,325 $ 69,774 $ 69,921
41,888 44,224 49,857 49,897 50,829 43,168
- 90,761 67,016 74,540 - -
(53,156) (30,666) 94,235 (148,892) (20,335)
(10,673) - 8,770
(128,101) (1,168) (164,699) (121,900) (321,833) -
(8,870) 160,391 (23,068) 168,097 (341,352) 92,754
1,026,005 1,017,135 1,177,526 1,154,458 1,322,555 981,203
$ 1,017,135 $ 1,177,526 $ 1,154,458 $ 1,322,555 $ 981,203 $ 1,073,957
$ 120,027 $ 123,656 $ 125,764 $ 130,874 $ 122,639 $ 128,638
2,000 - 2,000 1,000 5,068 -
(17,673) 55,902 126,579 (54,150) 172,359 139,820
(128,101) (1,168) (164,699) (121,900) (321,833) -
(3,532) (4,144) (4,331) (4,929) (5,204) (5,453)
(27,279) 174,246 85,313 (49,105) (26,971) 263,005
1,053,739 1,026,460 1,200,706 1,286,019 1,236,914 1,209,943
$ 1,026,460 $ 1,200,706 $ 1,286,019 $ 1,236,914 $ 1,209,943 $ 1,472,948
(9,325) (23,180) (131,561) 85,641 (228,740) (398,991)
100.9% 102.0% 111.4% 93.5% 123.3% 137.2%
N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A
(1) The city implemented GASB Statement No. 68 in fiscal 2015 using a December 31, 2015 measurement date. This schedule is intended to present 10 -year trend information. Additional years will be
added as they become available.
(2) The Association is comprised of volunteers, therefore, there are no payroll expenditures (i.e., there are no covered employee payroll percentage calculations).
59
CITY OF MONTICELLO
Required Supplementary Information
Schedule of Employer's Pension Contributions - Monticello Fire Department
Relief Association
Last Ten Fiscal Years
(1) The city implemented GASB Statement No. 68 in fiscal 2015 using a December 31, 2015 measurement date. This schedule is intended to present 10 -year trend information. Additional years will be
added as they become available.
Note: The Association is comprised of volunteers, therefore, there are no payroll employee expenditures (i.e., there are no covered employee payroll percentage calculations).
City Contributions
City Fiscal Statutorily Required
Actual Contributions
Contribution Deficiency
Non -Employer
Year Ending Contributions
Paid
(Excess)
Contribution - State 2%
December 31, (a)
(b)
(a -b)
Fire Aid
2015 $
$
$
$ 120,027
2016
123,656
2017
125,764
2018
130,874
2019
122,639
2020
128,638
(1) The city implemented GASB Statement No. 68 in fiscal 2015 using a December 31, 2015 measurement date. This schedule is intended to present 10 -year trend information. Additional years will be
added as they become available.
Note: The Association is comprised of volunteers, therefore, there are no payroll employee expenditures (i.e., there are no covered employee payroll percentage calculations).
Required Supplementary Information
Schedule of Changes in the City's Total OPEB Liability and Related Ratios
Last Ten Fiscal Years (1)
Total OPEB liability
Service cost
Interest
Changes in assumptions
Differences between expected and actual experience
Benefit payments
Net change in total OPEB liability
Total OPEB liability - beginning
Total OPEB liability - ending
Covered employee payroll
Net OPEB liability as a percentage of covered employee payroll
CITY OF MONTICELLO
2018 2019 2020
$ 24,158 $ 10,152 $ 10,457
9,998 10,347 5,210
- (2,047) -
(187,489)
(5,938) (13,277) (2,040)
28,218 (182,314) 13,627
281,745 309,963 127,649
$ 309,963 $ 127,649 $ 141,276
$ 3,130,628 $ 2,462,725 $ 2,536,607
10% 5% 6%
(1) The city implemented GASB Statement No. 75 in fiscal 2018 using a January 1, 2018 measurement date. This schedule is intended to present 10 -year trend information.
Additional years will be added as they become available.
61
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - General Fund
For the Year Ended December 31, 2020
Original and Final
Variance with
Budget
Actual
Final Budget
Revenues
Property taxes
$ 6,807,500
$ 6,797,640
$ (9,860)
Franchise taxes
250,500
194,000
(56,500)
Special assessments
200
166
(34)
Licenses and permits
407,200
521,369
114,169
Intergovernmental
397,200
737,650
340,450
Charges for services
857,300
936,731
79,431
Fines and forfeitures
40,400
31,852
(8,548)
Investment earnings
80,000
138,968
58,968
Other revenues
62,700
431,683
368,983
Total revenues
8,903,000
9,790,059
887,059
Expenditures:
Current
General government
Mayor and council
57,798
52,589
(5,209)
City administration
491,649
789,820
298,171
City clerk
150,400
180,824
30,424
Finance
491,791
451,819
(39,972)
Audit
44,000
39,559
(4,441)
City assessing
73,000
70,115
(2,885)
Legal
37,000
29,340
(7,660)
Human resources
129,407
142,232
12,825
Planning and zoning
331,630
339,005
7,375
City hall
65,095
60,501
(4,594)
Prairie center building
18,549
14,857
(3,692)
Public safety
Law enforcement
1,532,621
1,524,150
(8,471)
Fire and rescue
457,772
414,399
(43,373)
Fire relief
130,000
131,638
1,638
Building inspections
443,860
354,251
(89,609)
Emergency Management
5,000
257,565
252,565
Animal control
52,755
49,522
(3,233)
National Guard
14,000
12,429
(1,571)
(continued)
62
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - General Fund
For the Year Ended December 31, 2020 (Continued)
Original and Final
Variance with
Budget
Actual
Final Budget
Expenditures (continued)
Public works
Public works administration
$ 224,484
$ 221,881
$ (2,603)
Engineering
116,662
80,432
(36,230)
Public works inspecitons
111,035
102,110
(8,925)
Streets and alleys
1,061,105
777,633
(283,472)
Ice and snow removal
328,990
326,120
(2,870)
Shop and garage
214,727
199,310
(15,417)
Street lighting
250,500
191,829
(58,671)
Sanitation
Refuse and recycling collection
686,776
681,948
(4,828)
Recreation and culture
Senior center
107,452
103,662
(3,790)
Park operations
1,078,841
1,040,665
(38,176)
Park ballfields
27,400
23,685
(3,715)
Shade tree
85,892
79,024
(6,868)
Public arts
35,664
36,092
428
Library
47,145
48,068
923
Total expenditures
8,903,000
8,827,074
(75,926)
Excess (deficiency) of revenues over expenditures
-
962,985
962,985
Other financing uses
Transfers out
(1,000,000)
(1,000,000)
Net change in fund balance
-
(37,015)
(37,015)
Fund balance at beginning of year
6,677,250
6,677,250
Fund balance at end of year
$ 6,677,250
$ 6,640,235
$ (37,015)
63
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - Community Center Fund
For the Year Ended December 31, 2020
Original and Final
Variance with
Budget
Actual
Final Budget
Revenues
Property taxes
$ 417,000
$ 417,000
$ -
Intergovernmental
-
42,827
42,827
Charges for services
1,577,800
496,912
(1,080,888)
Investment earnings
2,000
1,084
(916)
Other revenues
11,200
53,203
42,003
Total revenues
2,008,000
1,011,026
(996,974)
Expenditures
Current
Recreation and culture
Operations
486,428
465,919
(20,509)
Rentals
40,406
737
(39,669)
Aquatics
222,283
82,967
(139,316)
Concessions & guest services
193,283
89,602
(103,681)
Maintenance
664,374
506,372
(158,002)
Programming
301,226
109,981
(191,245)
Capital outlay
Recreation and culture
Maintenance
100,000
367,573
267,573
Total expenditures
2,008,000
1,623,151
(384,849)
Excess (deficiency) of revenues over expenditures
-
(612,125)
(612,125)
Other financing sources
Transfers in
425,000
425,000
Net change in fund balance
-
(187,125)
(187,125)
Fund balance at beginning of year
239,482
239,482
Fund balance at end of year
$ 239,482
$ 52,357
$ (187,125)
64
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - Economic Development Authority Fund
For the Year Ended December 31, 2020
Expenditures
Original and Final
Variance with
Current
Budget
Actual
Final Budget
Revenues
Property taxes
$ 355,000
$ 355,080
$ 80
Tax increments
617,344
707,824
90,480
Intergovernmental
-
185,000
185,000
Investment earnings
40,000
69,099
29,099
Interest on loans
-
3,739
3,739
Other revenues
-
2,280
2,280
Total revenues
1,012,344
1,323,022
310,678
Expenditures
Current
Economic development
General operations
216,000
300,232
84,232
Land held for resale adjustment
144,000
245,118
101,118
Developmental activities
290,344
1,372,231
1,081,887
Total expenditures
650,344
1,917,581
1,267,237
Excess (deficiency) of revenues over expenditures
362,000
(594,559)
(956,559)
Other financing uses
Transfers out
(200,000)
(200,000)
Net change in fund balance
162,000
(794,559)
(956,559)
Fund balance at beginning of year
7,313,264
7,313,264
Fund balance at end of year
$ 7,475,264
$ 6,518,705
$ (956,559)
65
Notes to the Required Supplementary Information — December 31, 2020 CITY OF MONTICELLO
NOTE 1. SCHEDULE OF EMPLOYER'S SHARE AND NON -
EMPLOYER PROPORTIONATE SHARE OF NET PENSION LIABILITY
— PUBLIC EMPLOYEES RETIREMENT ASSOCIATION
The following changes were reflected in the valuation performed on behalf of the
Public Employees Retirement Association for the year ended June 30:
2020
Changes in Actuarial Assumptions
• The price inflation assumption was decreased from 2.50% to 2.25%.
• The payroll growth assumption was decreased from 3.25% to 3.00%.
• Assumed salary increase rates were changed as recommended in the
June 30, 2019 experience study. The net effect is assumed rates that
average 0.25% less than previous rates.
• Assumed rates of retirement were changed as recommended in the June
30, 2019 experience study. The changes result in more unreduced
(normal) retirements and slightly fewer Rule of 90 and early retirements.
• Assumed rates of termination were changed as recommended in the
June 30, 2019 experience study. The new rates are based on service
and are generally lower than the previous rates for years 2-5 and slightly
higher thereafter.
• Assumed rates of disability were changed as recommended in the June
30, 2019 experience study. The change results in fewer predicted
disability retirements for males and females.
• The base mortality table for healthy annuitants and employees was
changed from the RP -2014 table to the Pub -2010 General Mortality table,
with adjustments. The base mortality table for disabled annuitants was
changed from the RP -2014 disabled annuitant mortality table to the
PUB -2010 General/Teacher disabled annuitant mortality table, with
adjustments.
• The mortality improvement scale was changed from Scale MP -2018 to
Scale MP -2019.
• The assumed spouse age difference was changed from two years older
for females to one year older.
• The assumed number of married male new retirees electing the 100%
Joint & Survivor option changed from 35% to 45%. The assumed number
of married female new retirees electing the 100% Joint & Survivor option
changed from 15% to 30%. The corresponding number of married new
retirees electing the Life annuity option was adjusted accordingly.
Changes in Plan Provisions
• Augmentation for current privatized members was reduced to 2.0% for
the period July 1, 2020 through December 31, 2023 and 0.0% after.
Augmentation was eliminated for privatizations occurring after June 30,
2020.
2019
Changes in Actuarial Assumptions
• The mortality projection scale was changed from MP -2017 to MP -
2018.
Changes in Plan Provisions
• The employer supplemental contribution was changed prospectively,
decreasing from $31.0 million to $21.0 million per year. The State's
special funding contribution was changed prospectively, requiring
$16.0 million due per year through 2031.
2018
Changes in Actuarial Assumption
• The morality projection scale was changed from MP -2015 to MP -2017.
• The assumed benefit increase was changed from 1.00% per year
through 2044 and 2.50% per year thereafter to 1.25% per year.
Changes in Plan Provisions
• The augmentation adjustment in early retirement factors is eliminated
over a five-year period starting July 1, 2019, resulting in actuarial
equivalence after June 30, 2024.
• Interest credited on member contributions decreased from 4.00% to
3.00%, beginning July 1, 2018.
• Deferred augmentation was changed to 0.00%, effective January 1,
2019. Augmentation that has already accrued for deferred members
will still apply.
• Contribution stabilizer provisions were repealed.
• Postretirement benefit increases were changed from 1.00% per year
with a provision to increase to 2.50% upon attainment of 90.00%
funding ratio to 50.00% of the Social Security Cost of Living
Adjustment, not less than 1.00% and not more than 1.50%, beginning
January 1, 2019.
• For retirements on or after January 1, 2024, the first benefit increase
is delayed until the retiree reaches normal retirement age; does not
apply to Rule of 90 retirees, disability benefit recipients, or survivors.
• Actuarial equivalent factors were updated to reflect revised mortality
and interest assumptions.
2017
Changes in Actuarial Assumption
• The Combined Service Annuity (CSA) loads were changed from 0.8%
for active members and 60% for vested and non -vested deferred
members. The revised CSA loads are now 0.00% for active member
liability, 15.00% for vested deferred member liability, and 3.00% for
nonvested deferred member liability. The assumed post-retirement
benefit increase rate was changed from 1.00% per year for all years to
1.00% per year through 2044, and 2.50% per year thereafter.
Notes to the Required Supplementary Information — December 31, 2020 CITY OF MONTICELLO
Changes in Plan Provisions
• The State's contribution for the Minneapolis Employees Retirement Fund
equals $16,000,000 in 2017 and 2018, and $6,000,000 thereafter.
• The Employer Supplemental Contribution for the Minneapolis Employees
Retirement Fund changed from $21,000,000 to $31,000,000 in calendar
years 2019 to 2031. The state's contribution changed from $16,000,000
to $6,000,000 in calendar years 2019 to 2031.
2016
Changes in Actuarial Assumptions
• The assumed postretirement benefit increase rate was changed from
1.00% per year through 2035 and 2.50% per year thereafter to 1.00%
per year for all years.
• The assumed investment return was changed from 7.90% to 7.50%.
The single discount rate changed from 7.90% to 7.50°/x.
• Other assumptions were changed pursuant to the experience study June
30, 2015. The assumed future salary increases, payroll growth, and
inflation were decreased by 0.25% to 3.25% for payroll growth and 2.50%
for inflation.
Changes in Actuarial Plan Provisions
• There have been no changes since the prior valuation.
2015
Changes in Actuarial Assumptions
• The assumed postretirement benefit increase rate was changed from
1.00% per year through 2030 and 2.50% per year thereafter to 1.00%
per year through 2035 and 2.50% per year thereafter.
Changes in Plan Provisions
• On January 1, 2015, the Minneapolis Employees Retirement Fund was
merged into the General Employees Fund, which increased the total
pension liability by $1.1 billion and increase the fiduciary plan net position
by $892 million. Upon consolidation, state and employer contributions
were revised; the State's contribution of $6.0 million, which meets the
special funding situation definition, was due September 2015.
NOTE 2. SCHEDULE OF CHANGES IN THE FIRE RELIEF
ASSOCIATION'S NET PENSION LIABILITY (ASSET) AND RELATED
RATIOS
Changes in Actuarial Assumptions and Benefit Terms
• 2019 — The discount rate was decreased from 4.42% to 4.25%, which is
primarily due to a lower weighted average rate of return on the FRA's
asset classes of investments.
• 2018 — The benefit level was increased from $3,900 to $4,200 per year
of service.
• 2017 — The annual turnover rate was changed from 10% to 1 %. The
discount rate was increased from 4.19% to 4.42%, which is primarily
due to a reduction in the portfolio's average expense load. The benefit
level was increased from $3,600 to $3,900 per year of service.
• 2016 — The benefit level was increased from $3,300 to $3,600 per year
of service.
NOTE 3. SCHEDULE OF CHANGES IN THE CITY'S TOTAL OPEB
LIABILITY AND RELATED RATIOS
Changes in Actuarial Assumptions
• 2020 — The healthcare trend rate was changed to better anticipate
short-term and long-term medical increases.
• 2019 — The discount rate was increased from 3.3% to 3.8%. The health
care trend rates were changed to better anticipate short term and long-
term medical increases. The mortality tables were updated from the
RP -2014 White Collar Mortality Tables with MP -2016 Generational
Improvement Scale to the RP -2014 White Collar Mortality Tables with
MP -2018 Generational Improvement Scale. The percentage of retirees
electing single or family coverage was updated to reflect that the city
sponsored plan has separated single and family premium rates, rather
than a composite rate. The assumption was changed that 50% of
eligible retirees will elect to continue coverage and 30% of retirees with
coverage will elect family coverage.
• 2018 — The discount rate was decreased from 3.5% to 3.3%.
NOTE 4. BUDGETARY INFORMATION
A. Budgetary basis of accounting
The city follows these procedures in establishing the budgetary data reflected
in the basic financial statements:
A. Prior to September 1, the city administrator submits to the city council
a proposed operating budget for the fiscal year commencing the
following January 1. The operating budget includes proposed
expenditures and the means of financing them. The city council
provides input and adjustments. Based on the proposed budget, the
city council certifies the proposed property tax levy to the county auditor
according to Minnesota Statutes before September 30.
B. Public hearings are conducted at the city council's chambers in the
Monticello Community Center.
67
Notes to the Required Supplementary Information — December 31, 2020 CITY OF MONTICELLO
C. On or before December 28, the final budget is legally enacted by city
council resolution and the final property tax levy is certified to the county
auditor.
D. Management is authorized to transfer budgeted amounts between
departments within a fund; however, any revisions that alter the total
expenditures of any fund must be approved by the city council.
E. The city has legally adopted budgets for the General Fund and all special
revenue funds. Expenditures may not legally exceed budgeted
appropriations at the total fund level. Monitoring of budgets is maintained
at the department level. All amounts over budget have been approved by
the city council through the disbursement process. The city is not legally
required to adopt an annual budget for the nonmajor special revenue
funds, the Debt Service Fund, and the Capital Projects Funds. Project -
length financial plans are adopted for the Debt Service and Capital
Projects Funds.
F. Budgets are adopted on a basis consistent with accounting principles
generally accepted in the United States of America. Budgeted amounts
are as originally adopted or amended by the city council. All annual
appropriations lapse at year-end.
B. Excess of expenditures over appropriations
For the year ended December 31, 2020, expenditures exceeded appropriations in
the Economic Development Authority special revenue fund by $1,267,237. The
excess of expenditures was related to an unbudgeted qualifying TIF expenditure
for land acquisition in the new 1-41 TIF district that will be certified in 2021. Fund
balance reserves were used to fund the expenditures.
Monticello
NONMAJOR GOVERNMENTAL FUNDS
NONMAJOR GOVERNMENTAL FUNDS
SPECIAL REVENUE FUNDS are used to account for revenue derived from specific taxes or other earmarked revenue sources (other than for major
capital projects) that are restricted by law or administrative action to expenditures for specified purposes.
Small Cities Development Program (SCDP) Fund - Established to account for the administration of loans to local businesses while following state
and federal guidelines.
Cemetery Fund — Established to account for the activities of cemetery operations at Riverside Cemetery.
CDBG Revitalization Fund — Established to account for funding and activities for the CDBG Revitalization Grant.
CAPITAL PROJECTS FUNDS are used to account for resources used for the acquisition and construction of capital assets by the city, except for
those financed by proprietary funds.
City Street Reconstruction Fund—This fund was established to account for annual improvements to the city's infrastructure based on a reconstruction
schedule.
Street Lighting Improvement Fund — This fund was established to account for activities incorporating street lighting into designated areas throughout
the city. A portion of the city's electric franchise fee is the main revenue source for this fund.
Park and Pathway Dedication Fund — This fund was established to account for restricted fees collected from developers for park land acquisition
and for park and pathway improvements. The fund also accumulates resources from other sources used for the same purposes.
Combining Balance Sheet
Nonmajor Governmental Funds
December 31, 2020
ASSETS
Cash and investments
Receivables
Deferred special assessments
Accounts
Prepaid items
Notes receivable
Total assets
LIABILITIES
Accounts and contracts payable
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - special assessments
FUND BALANCES
Nonspendable
Restricted for economic development
Restricted for cemetery operations
Assigned for capital improvements
Total fund balances
Total liabilities, deferred inflows of
resources, and fund balances
CITY OF MONTICELLO
Special Revenue Funds
Capital Project Funds
Small Cities
City Street
Street
Park &
Development
CDBG -
Recon-
Lighting
Pathway
Program
Cemetery
Revitalization
struction
Improvement
Dedication
Total
$ 756,345
$
51,742
$
$
1,667,656
$ 899,269
$ 772,915
$
4,147,927
-
-
-
-
12,004
12,004
3,065
96,659
-
99,724
-
932
-
932
168,193
-
-
-
168,193
$ 924,538
$
55,739
$
$
1,667,656
$ 995,928
$ 784,919
$
4,428,780
$ -
$
400
$
$
-
$ -
$ 55,437
$
55,837
-
12,004
12,004
-
932
-
932
924,538
-
924,538
-
54,407
-
-
-
54,407
-
-
1,667,656
995,928
717,478
3,381,062
924,538
55,339
1,667,656
995,928
717,478
4,360,939
$ 924,538
$
55,739
$
$
1,667,656
$ 995,928
$ 784,919
$
4,428,780
Combining Statement of Revenues, Expenditures and Changes in Fund Balance
Nonmajor Governmental Funds
For the Year Ended December 31, 2020
Revenues
Franchise taxes
Special assessments
Intergovernmental
Charges for services
Investment earnings
Interest on loans
Other revenues
Total revenues
Expenditures
Current
Recreation and culture
Economic development
Capital outlay
Public works
Recreation and culture
Total expenditures
Excess (deficiency) of
revenues over expenditures
Other financing sources
Transfers in
Net change in fund balance
Fund balance at begining of year
Fund balance at end of year
CITY OF MONTICELLO
70
Special Revenue Funds
Capital Project Funds
Small Cities
City Street
Street
Park &
Development
CDBG -
Recon-
Lighting
Pathway
Program
Cemetery
Revitalization
struction
Improvement
Dedication
Total
$
$
$
$
$ 190,336
$ -
$ 190,336
-
1,033
1,033
15,000
-
15,000
40,884
-
-
40,884
15,277
701
33,886
17,709
19,365
86,938
4,896
-
-
-
-
4,896
-
-
-
-
29,395
29,395
20,173
56,585
33,886
208,045
49,793
368,482
27,321
-
-
-
27,321
-
392
-
392
-
621
-
621
-
-
-
506,656
506,656
-
27,321
392
-
621
506,656
534,990
20,173
29,264
(392)
33,886
207,424
(456,863)
(166,508)
-
-
-
-
-
235,000
235,000
20,173
29,264
(392)
33,886
207,424
(221,863)
68,492
904,365
26,075
392
1,633,770
788,504
939,341
4,292,447
$ 924,538
$ 55,339
$ -
$ 1,667,656
$ 995,928
$ 717,478
$ 4,360,939
70
nk'
INTERNAL SERVICE FUNDS
INTERNAL SERVICE FUNDS
INTERNAL SERVICE FUNDS are used to account for the financing of centralized services to city departments on a cost -reimbursement basis
(including depreciation).
Benefit Accrual Fund — This fund was established to account for resources accumulated to satisfy paid -time -off (PTO) and vacation/sick leave
liabilities of governmental fund employees.
Central Equipment Fund — This fund was established to account for equipment purchases and rental to various governmental fund departments.
Information Technology (IT) Services Fund — This fund was established to account for the accumulation and distribution of various IT related costs,
including communications, software support, capital and non -capital equipment, and software purchases.
CITY OF MONTICELLO
Combining Statement of Net Position
Internal Service Funds
December 31, 2020
Benefit
Central
IT
Accrual
Equipment
Services
Total
ASSETS
Current assets
Cash and investments
$ 339,355
$ 579,335
$ 285,902
$ 1,204,592
Accounts receivable
-
-
30
30
Total current assets
339,355
579,335
285,932
1,204,622
Noncurrent assets
Capital assets
Machinery and equipment
-
2,312,841
185,316
2,498,157
Less accumulated depreciation
(845,005)
(40,336)
(885,341)
Total noncurrent assets
-
1,467,836
144,980
1,612,816
TOTAL ASSETS
339,355
2,047,171
430,912
2,817,438
LIABILITIES
Current liabilities
Accounts payable
-
-
30,992
30,992
Accrued interest payable
280
-
280
Bonds payable due within one year
-
60,000
60,000
Compensated absences due within one year
184,805
-
-
184,805
Total current liabilities
184,805
60,280
30,992
276,077
Noncurrent liabilities
Bonds payable, net current portion
-
180,000
-
180,000
Compensated absences payable
126,853
-
126,853
Total noncurrent liabilities
126,853
180,000
-
306,853
TOTAL LIABILITIES
311,658
240,280
30,992
582,930
NET POSITION
Net investment in capital assets
-
1,227,836
144,980
1,372,816
Unrestricted
27,697
579,055
254,940
861,692
TOTAL NET POSITION
$ 27,697
$ 1,806,891
$ 399,920
$ 2,234,508
71
CITY OF MONTICELLO
Combining Statement of Revenues, Expenses and Changes in Net Position
Internal Service Funds
For the Year Ended December 31, 2020
Benefit
Central
IT
Accrual
Equipment
Services
Total
Operating revenues
Charges to other funds
$ 6,541
$ 330,800
$ 225,000
$ 562,341
Other revenues
-
-
90
90
Total operating revenues
6,541
330,800
225,090
562,431
Operating expenses
Personal services
6,541
-
-
6,541
Materials and supplies
-
110,502
110,502
Other services and charges
-
235,292
235,292
Depreciation
-
191,486
7,468
198,954
Total operating expenses
6,541
191,486
353,262
551,289
Operating income
-
139,314
(128,172)
11,142
Nonoperating revenues (expenses)
Intergovernmental
-
-
209,388
209,388
Investment earnings
6,927
12,421
5,531
24,879
Interest expense
-
(10,168)
-
(10,168)
Total nonoperating revenues (expenses)
6,927
2,253
214,919
224,099
Change in net position
6,927
141,567
86,747
235,241
Net position at beginning of year
20,770
1,665,324
313,173
1,999,267
Net position at end of year
$ 27,697
$ 1,806,891
$ 399,920
$ 2,234,508
72
CITY OF MONTICELLO
Combining Statement of Cash Flows
Internal Service Funds
For the Year Ended December 31, 2020
Benefit
Central
IT
Accrual
Equipment
Services
Total
Cash flow from operating activities
Cash received from internal services provided
$
6,541
$ 330,800
$ 225,090
$ 562,431
Cash paid to suppliers for goods and services
-
-
(323,543)
(323,543)
Net cash provided by operating activities
6,541
330,800
(98,453)
238,888
Cash flows from noncapital financing activities
Intergovernmental revenues
-
-
209,388
209,388
Cash flows from capital and related financing activities
Acquisition of capital assets
(375,450)
(127,144)
(502,594)
Principal payments on long-term debt
(125,000)
(125,000)
Interest and fiscal charges paid on long-term debt
(10,341)
(10,341)
Net cash (used) by capital and related financing activities
-
(510,791)
(127,144)
(637,935)
Cash flows from investing activities
Interest on investments
6,927
12,421
5,531
24,879
Increase in cash and cash equivalents
13,468
(167,570)
(10,678)
(164,780)
Cash and cash equivalents - January 1
325,887
746,905
296,580
1,369,372
Cash and cash equivalents - December 31
$
339,355
$ 579,335
$ 285,902
$ 1,204,592
Reconciliation of operating income (loss) to net cash
provided by operating activities:
Operating income (loss)
$
$ 139,314
$ (128,172)
$ 11,142
Adjustments to Reconcile Operating Income (Loss) to
Net Cash Provided by Operating Activities:
Depreciation
191,486
7,468
198,954
Changes in assets and liabilities:
Increase (decrease) in accounts payable
-
-
22,251
22,251
Increase (decrease) in compensated absences
6,541
-
-
6,541
Net cash provided by operating activities
$
6,541
$ 330,800
$ (98,453)
$ 238,888
73
CITY OF
MonticeRo
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74
OTHER SUPPLEMENTARY SCHEDULES
CITY OF MONTICELLO
Schedule of Revenues (Sources) and Expenditures (Uses)
General Fund
For the Year Ended December 31, 2020
(continued)
75
2020
Variance with
2016
2017
2018
2019
Final
2020
Final
Actual
Actual
Actual
Actual
Budget
Actual
Budget
Revenue and other sources - summary:
Property taxes
$ 6,204,429
$ 6,384,444
$ 6,634,769
$ 6,689,647
$ 6,807,500
$ 6,797,640
$ (9,860)
Franchise taxes
263,900
250,000
245,000
211,000
250,500
194,000
(56,500)
Special assessments
242
2,290
206
802
200
166
(34)
Licenses and permits
668,602
600,933
504,464
603,925
407,200
521,369
114,169
Intergovernmental
389,005
429,697
428,443
431,004
397,200
737,650
340,450
Charges for services
421,762
477,436
590,106
792,311
857,300
936,731
79,431
Fines and forfeitures
30,656
36,702
45,350
40,054
40,400
31,852
(8,548)
Investment earnings
99,237
120,631
106,767
228,216
80,000
138,968
58,968
Other
193,723
191,212
134,688
236,037
62,700
431,683
368,983
Other Financing Sources
11,180
1,725
15,000
54,340
-
-
-
Total Revenues & Other Sources
8,282,736
8,495,070
8,704,793
9,287,336
8,903,000
9,790,059
887,059
Revenue and other sources - detail:
Property taxes
Propertytax- current
6,152,157
6,277,737
6,567,152
6,649,999
6,788,000
6,758,778
(29,222)
Propertytax- delinquent
31,704
71,029
46,482
17,832
-
15,998
15,998
Mobile home tax
16,324
17,620
18,984
18,202
17,500
20,152
2,652
Penalties and interest - taxes
4,244
18,058
2,151
3,614
2,000
2,712
712
Franchise taxes
Franchise taxes - electric
263,900
250,000
245,000
211,000
250,500
194,000
(56,500)
Special assessments
Assessment for services/projects
242
2,290
206
802
200
166
(34)
Licenses and permits
Liquor license
45,895
46,205
50,295
52,303
48,100
37,512
(10,588)
Beer license
1,013
1,151
1,988
-
-
-
-
Other business licenses & permits
5,295
6,387
6,840
7,540
5,200
6,430
1,230
Building permits
598,983
520,692
427,644
520,409
340,000
461,383
121,383
Variance/conditional use permits
-
200
-
-
-
200
200
Driveway permits
30
360
180
510
200
275
75
Mobile home permits
180
868
720
2,551
300
540
240
Excavation permits
7,125
6,405
7,410
6,720
5,000
8,375
3,375
Right-of-way permits
3,144
4,610
3,707
4,567
3,000
3,061
61
Sign/banner permits
5,694
9,355
4,815
6,020
4,500
2,840
(1,660)
Animal licenses
1,243
4,700
865
3,305
900
753
(147)
Intergovernmental
Pera increase aid
6,741
6,822
6,849
6,741
-
-
-
Federal - operating
-
-
-
-
-
274,315
274,315
State highway aid - operating
131,898
134,955
155,374
155,211
152,000
171,913
19,913
Fire department aid - operating
123,656
133,813
130,874
123,640
130,000
131,638
1,638
Police department aid - operating
68,710
70,959
71,834
81,708
69,000
84,631
15,631
County operating grant - streetthighway
55,780
26,875
27,353
26,428
25,000
30,947
5,947
(continued)
75
CITY OF MONTICELLO
Schedule of Revenues (Sources) and Expenditures (Uses)
General Fund
For the Year Ended December 31, 2020 (Continued)
(continued)
76
2020
Variance with
2016
2017
2018
2019
Final
2020
Final
Actual
Actual
Actual
Actual
Budget
Actual
Budget
Intergovernmental (continued)
County operating grant - emergency management
$ 2,220
$ 2,392
$ 12,331
$ 7,531
$ 2,200
$ 3,977
$ 1,777
County operating grant - recycling
-
53,881
19,978
19,745
19,000
20,944
1,944
Operating grant - other
-
-
3,850
10,000
-
19,285
19,285
Charges for services
Assessment searches
12,760
10,968
10,695
13,940
9,000
17,530
8,530
Blight notice fee
320
-
-
-
-
-
-
Planning administration fee
5,950
7,585
5,876
24,571
2,000
5,550
3,550
NSF fee
30
60
30
-
-
-
-
Inspection/construction fees
965
1,014
764
907
300
827
527
Contractor licensing fee
825
320
290
720
-
340
340
Fire protections fees - townships
131,717
131,774
142,374
142,740
142,000
143,533
1,533
Fire emergency response fee
4,900
23,500
19,995
19,210
10,000
57,650
47,650
Fire - other fees
3,814
5,407
11,808
3,345
4,000
2,359
(1,641)
Blight mowing fees
450
-
-
-
-
-
-
Rental housing fees
49,020
49,600
45,500
42,835
46,000
45,365
(635)
Animal control fees
36,089
45,224
45,232
38,915
45,000
40,428
(4,572)
Miscellaneous pubic works
-
-
8,621
-
-
-
-
Tree and brush removal charge
3,290
1,513
2,365
2,580
2,300
2,730
430
Recycling charge
-
-
30
-
-
54,259
54,259
Garbagefee- taxable
89,656
80,774
169,217
381,328
531,000
467,829
(63,171)
Garbage surcharge - not taxable
300
-
90
-
-
-
Field/Tourney fees
5,679
14,036
14,400
13,200
10,700
4,415
(6,285)
Park rental fees
4,962
5,355
9,051
5,751
5,000
5,386
386
Arts activity fees
-
-
-
400
-
-
-
Developer cost reimbursement
750
19,540
16,429
19,498
-
13,656
13,656
Billboard land rental
21,149
21,187
22,881
23,475
7,000
21,714
14,714
Lease - Prairie Center
24,006
32,238
28,548
30,154
16,000
24,098
8,098
Lease - communication tower
24,905
26,441
29,213
26,300
27,000
26,959
(41)
General charges for services
225
900
6,697
2,442
-
2,103
2,103
Fines and forfeitures
Court fines
30,150
35,607
44,450
38,454
40,000
31,170
(8,830)
Animal impound fines
506
595
400
1,100
400
682
282
Liquor license violation
-
500
500
500
-
-
-
Investment earnings
Investment earnings
99,237
120,631
106,767
228,216
80,000
138,968
58,968
Other
Solar investment rebates
-
-
-
-
-
326,917
326,917
City property rental
1,600
1,600
1,600
1,600
1,600
277
(1,323)
Contributions
5,315
3,025
13,543
42,567
2,500
2,218
(282)
Sale of city property
10,650
20,948
5,724
3,096
1,000
16,945
15,945
Sale of lock boxes
1,710
855
920
2,400
800
3,544
2,744
(continued)
76
Schedule of Revenues (Sources) and Expenditures (Uses)
General Fund
For the Year Ended December 31, 2020 (Continued)
Other (continued)
Tree Sales
Copies
Refunds & reimbursables
Assessment fee reimbursement
Fire contributions
Insurance claims
Other miscellaneous
Other Financing Sources
Sales of capital assets
Transfers from other funds
Total revenues and other sources
Expenditures and other uses - summary
General government
Public safety
Public works
Sanitation
Transit
Recreation and culture
Transfers out and other uses
Total expenditures and other uses
Expenditures and other uses - divisions
General government
Mayor and council
City administration
City clerk
Finance
Audit
City assessing
Legal
Human resources
Planning and zoning
Information technology services
City hall
Prairie center building
Public safety
Law enforcement
Fire and rescue
Fire relief
Building inspections
Emergency management
CITY OF MONTICELLO
$ 1,493,560
$ 1,620,699 $
1,654,539
$ 1,775,333
2020
$ 2,168,641
Variance with
2016
2017
2018
2019
Final
2020
Final
Actual
Actual
Actual
Actual
Budget
Actual
Budget
$ 7,533
$ 8,646
$ 7,073
$ 6,752
$ 7,000
$ 5,346
$ (1,654)
19
10
15
47
-
87
87
88,860
49,603
42,297
21,663
-
24,026
24,026
24,150
19,950
21,300
16,575
20,000
15,300
(4,700)
7,852
12,660
2,973
84,149
-
3,764
3,764
-
46,475
-
1,867
-
-
-
46,034
27,440
39,243
55,321
29,800
33,259
3,459
11,180
1,725
15,000
29,340
-
-
-
102,422
130,948
-
25,000
-
30,424
393,754
$ 8,282,736
$ 8,495,070
$ 8,704,793
$ 9,287,336
$ 8,903,000
$ 9,790,059
$ 887,059
$ 1,493,560
$ 1,620,699 $
1,654,539
$ 1,775,333
$ 1,888,299
$ 2,168,641
$ 280,342
2,038,793
2,180,745
2,356,471
2,451,784
2,638,028
2,745,974
107,946
1,802,884
1,904,391
2,079,091
2,222,034
2,307,503
1,899,315
(408,188)
600,300
614,328
615,586
610,944
686,776
681,948
(4,828)
41,250
3,191
18,333
-
-
-
1,016,025
1,119,343
1,200,388
1,209,429
1,382,394
1,331,196
(51,198)
-
300,000
700,000
1,450,040
-
1,000,000
1,000,000
$ 6,992,812
$ 7,742,697 $
8,624,408
$ 9,719,564
$ 8,903,000
$ 9,827,074
$ 924,074
$ 57,507
$ 54,123 $
53,928
$ 57,409
$ 57,798
$ 52,589
$ (5,209)
326,134
481,843
449,100
443,963
491,649
789,820
298,171
66,031
102,422
130,948
121,197
150,400
180,824
30,424
393,754
425,247
430,924
456,902
491,791
451,819
(39,972)
39,273
44,745
40,531
45,940
44,000
39,559
(4,441)
50,415
51,972
66,190
64,554
73,000
70,115
(2,885)
29,152
35,714
27,967
41,837
37,000
29,340
(7,660)
116,522
123,206
126,581
142,812
129,407
142,232
12,825
210,173
216,007
239,045
315,091
331,630
339,005
7,375
692
-
-
-
-
-
-
197,006
70,235
66,111
66,422
65,095
60,501
(4,594)
8,917
17,202
25,232
21,225
18,549
14,857
(3,692)
1,212,080
1,257,194
1,362,411
1,455,727
1,532,621
1,524,150
(8,471)
289,010
350,891
435,068
477,941
457,772
414,399
(43,373)
123,656
125,764
132,874
123,640
130,000
131,638
1,638
350,304
381,260
351,511
324,072
443,860
354,251
(89,609)
1,234
1,933
12,332
8,253
5,000
257,565
252,565
(continued)
77
Schedule of Revenues (Sources) and Expenditures (Uses)
General Fund
For the Year Ended December 31, 2020 (Continued)
Public safety (continued)
Animal control
National guard
Public works
Public works administration
Engineering
Public works inspecitons
Streets and alleys
Ice and snow
Shop and garage
Stormwater
Street lighting
Sanitation
Refuse and recycling collection
Transit
Bus service
Recreation and culture
Senior center
Park operations
Park ballfields
Shade tree
Public arts
Library
Transfers out and other uses
Transfers out
Total expenditures & other uses
Revenue and other sources over
expenditures and other uses
CITY OF MONTICELLO
$ 1,289,924 $ 752,373 $ 80,385 $ (432,228) $ - $ (37,015) (37,015)
78
2020
Variance with
2016
2017
2018
2019
Final
2020
Final
Actual
Actual
Actual
Actual
Budget
Actual
Budget
$ 46,943
$ 48,166
$ 46,608
$ 46,709
$ 52,755
$ 49,522
$ (3,233)
13,550
13,520
13,649
13,423
14,000
12,429
(1,571)
126,327
120,785
196,851
228,625
224,484
221,881
(2,603)
111,795
130,325
126,179
111,710
116,662
80,432
(36,230)
62,100
62,882
83,560
90,047
111,035
102,110
(8,925)
806,098
846,575
891,117
920,384
1,061,105
777,633
(283,472)
264,232
267,095
344,974
454,607
328,990
326,120
(2,870)
171,079
200,690
168,049
178,063
214,727
199,310
(15,417)
29,277
30,743
23,883
27,650
-
-
231,976
245,296
244,478
210,948
250,500
191,829
(58,671)
600,300
614,328
615,586
610,944
686,776
681,948
(4,828)
41,250
3,191
18,333
-
-
-
99,124
103,161
103,226
102,169
107,452
103,662
(3,790)
775,738
871,121
916,335
925,482
1,078,841
1,040,665
(38,176)
20,538
21,936
21,063
19,836
27,400
23,685
(3,715)
75,802
80,922
80,916
61,396
85,892
79,024
(6,868)
-
-
29,876
46,954
35,664
36,092
428
44,823
42,203
48,972
53,592
47,145
48,068
923
-
300,000
700,000
1,450,040
1,000,000
1,000,000
$ 6,992,812
$ 7,742,697
$ 8,624,408
$ 9,719,564
$ 8,903,000
$ 9,827,074
924,074
$ 1,289,924 $ 752,373 $ 80,385 $ (432,228) $ - $ (37,015) (37,015)
78
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - Small Cities Development Program
For the Year Ended December 31, 2020
Orginal and Final
Budget Actual
Revenues
Investment earnings $ 15,000 $ 15,277
Interest on loans - 4,896
Total revenues 15,000 20,173
Fund balance at beginning of year 904,365 904,365
Fund balance at end of year $ 919,365 $ 924,538
CITY OF MONTICELLO
Variance with
Final Budget
$ 277
4,896
5,173
$ 5,173
79
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - Cemetery Fund
For the Year Ended December 31, 2020
Orginal and Final
Variance with
Budget
Actual
Final Budget
Revenues
Intergovernmental
$ -
$ 15,000
$ 15,000
Charges for services
33,000
40,884
7,884
Investment earnings
-
701
701
Total revenues
33,000
56,585
23,585
Expenditures
Current
Recreation and culture
Cemetery operations
33,000
27,321
(5,679)
Net change in fund balance
-
29,264
29,264
Fund balance at beginning of year
26,075
26,075
-
Fund balance at end of year
$ 26,075
$ 55,339
$ 29,264
Schedule of Revenues, Expenditures and Changes in Fund Balance
Budget and Actual - CDBG-Revitalization Fund
For the Year Ended December 31, 2020
Orginal and Final
Budget Actual
Expenditures
Current
Economic development
Other expenditures $ $ 392
Net change in fund balance - (392)
Fund balance at beginning of year 392 392
Fund balance at end of year $ 392 $ -
CITY OF MONTICELLO
Variance with
Final Budget
$ 392
(392)
$ (392)
81
Schedule of Assets, Liabilities, Deferred Inflows of Resources and Fund Balances
Economic Development Authority
December 31, 2020
ASSETS
Cash and investments
Receivables
Unremitted taxes
Delinquent taxes
Accounts
Intrafund receivable
Prepaid items
Notes receivable
Land held for resale
TOTAL ASSETS
LIABILITIES
Accounts and contracts payable
Due to other governmental units
Intrafund payable
Unearned revenue
Escrow deposits
Total liabilities
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes
FUND BALANCES
Nonspendable
Restricted
Assigned
Total fund balance
TOTAL LIABILITIES, DEFERRED
INFLOWS OF RESOURCES,
AND FUND BALANCES
Required or Actual Decertification Date
TIF District Type
(d) = decertified
CITY OF MONTICELLO
(continued)
82
TIF 6 (d)
TIF 19
TIF 20 (d)
TIF 22
TIF 24
EDA General
GMEF
TIF Future
Raindance
MS Shores
Prairie West
Downtown
St. Henry's
$ 801,521
$
1,049,574
$
$ 6,721
$ 92,936
$ 104,838
$ 400,241
$ 117,208
2,367
-
-
-
-
-
-
1,367
1,898
525
-
-
566,924
742,384
3,186
-
-
-
183,693
-
3,303,170
-
163,200
-
$ 4,679,060
$
1,233,267
$
$ 749,105
$ 92,936
$ 104,838
$ 565,339
$ 117,208
$ 11,696
$
-
$
$ -
$ -
$ -
$ -
$ -
259
-
44,497
-
-
-
163,200
6,720
-
18,675
44,497
163,200
1,367
-
1,898
3,186
-
-
-
-
-
-
-
1,233,267
749,105
92,936
104,838
400,241
117,208
4,655,832
(44,497)
4,659,018
1,233,267
(44,497)
749,105
92,936
104,838
400,241
117,208
$ 4,679,060
$
1,233,267
$ -
$ 749,105
$ 92,936
$ 104,838
$ 565,339
$ 117,208
12/9/2013
12131/2023
12/10/2018
12/31/2024
12/31/2026
Redevelopment
Housing
Redevelopment
Housing &
Housing
Redevelopment
(continued)
82
Schedule of Assets, Liabilities, Deferred Inflows of Resources and Fund Balances
Economic Development Authority
December 31, 2020 (Continued)
ASSETS
Cash and investments
Receivables
Unremitted taxes
Delinquent taxes
Accounts
Intrafund receivable
Prepaid items
Notes receivable
Land held for resale
TOTAL ASSETS
LIABILITIES
Accounts and contracts payable
Due to other governmental units
Intrafund payable
Unearned revenue
Escrow deposits
Total liabilities
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - property taxes
FUND BALANCES
Nonspendable
Restricted
Assigned
Total fund balance
TOTAL LIABILITIES, DEFERRED
INFLOWS OF RESOURCES,
AND FUND BALANCES
Required or Actual Decertification Date
TIF District Type
(d) = decertified
CITY OF MONTICELLO
TIF 29
TIF 30
TIF 34
TIF 39
TIF 40
TIF 41
GAAP
Total
Front Porch
CMHP
Interchange
Otter Creek
Briggs
UMC
Reconciliation
EDA
$ 160,026
$ 112,177
$ 35,662
$
$ 335
$
$
$ 2,881,239
-
-
-
-
2,367
3,265
525
(1,309,308)
-
3,186
183,693
-
-
-
3,466,370
$ 160,026
$ 112,177
$ 35,662
$
$ 335
$
$ (1,309,308)
$ 6,540,645
$ -
$
$
$
$
$
$
$ 11,696
259
103,215
130,596
1,031,000
(1,309,308)
-
-
-
-
(163,200)
-
-
6,720
103,215
130,596
1,031,000
(1,472,508)
18,675
3,265
- - - - - 3,186
160,026 8,962 35,662 (130,596) 335 (1,031,000) 163,200 1,904,184
- - - - - 4,611,335
160,026 8,962 35,662 (130,596) 335 (1,031,000) 163,200 6,518,705
$ 160,026 $ 112,177 $ 35,662 $ - $ 335 $ $ (1,309,308) $ 6,540,645
12/31/2029 12/31/2029 12/31/2022 12/31/2021 12/31/2045 12/31/2030
Housing Housing Redevelopment Economic Housing Economic
Development Development
83
Schedule of Revenues, Expenditures and Other Financing Uses
Economic Development Authority
For the Year Ended December 31, 2020
Revenues
Property taxes
Tax increments
Intergovernmental
Investment earnings
Interest on loans
Other revenues
Total revenues
Expenditures:
Current
Salary and wages
Benefits
Professional services - legal
Professional services - other
LPV Insurance
Legal and general publications
Property taxes
Marketing
Dues and membership
Utilities
IT services
Travel and conferences
Land adjustment to market
Qualifying TIF expenditures
Other expenditures
Excess increments
Interest on intrafund loans
PAYG payments to third parties
Total expenditures
Excess (deficiency) of revenues over (under)
expenditures
Other financing uses
Transfers out
Net change in fund balances
Fund balance at beginning of year
Fund balance at end of year
Required or Actual Decertification Date
TIF District Type
(d) = decertified
CITY OF MONTICELLO
97,169
TIF 6 (d)
TIF 19
TIF 20 (d)
TIF 22
TIF 24
EDA General
GMEF TIF Future
Raindance
MS Shores
Prairie West
Downtown
St. Henry's
$ 355,080
$ $
$
$ -
$
$ -
$ -
-
105
39,084
105
298,946
56,104
-
185,000
-
-
-
-
-
25,519
19,994
6,826
1,401
2,000
6,213
1,701
9,622
3,739
-
-
-
-
-
2,280
-
392,501
208,733
6,826
40,485
2,000
305,159
57,805
2,428
97,169
37,021
17,318
-
-
-
-
-
61,742
105
105
105
990
105
1,224
-
-
-
-
-
106
35
35
35
1,641
-
-
-
1,149
5,796
2,428
2,665
1,348
245,118
70,625
190,000
-
-
-
137,813
-
-
-
-
-
11,303
-
545,350
190,000
105
140
105
150,141
140
(152,849)
18,733
6,721
40,345
1,895
155,018
57,665
6,721
(152,849)
18,733
40,345
1,895
155,018
57,665
4,811,867
1,214,534
(44,497) 742,384
52,591
102,943
245,223
59,543
$ 4,659,018
$ 1,233,267
$ (44,497) $ 749,105
$ 92,936
$ 104,838
$ 400,241
$ 117,208
12/9/2013
1213112023
12/10/2018
1213112024
12/31 /2026
Redevelopment
Housing
Redevelopment
Housing &
Housing
Redevelopment
(continued)
84
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Other Financing Uses
Economic Development Authority
For the Year Ended December 31, 2020 (Continued)
TIF 29
TIF 30
TIF 34
TIF 39
TIF 40
TIF 41
GAAP
Total
Front Porch
CMHP
Interchange
Otter Creek
Briggs
UMC
Reconciliation
EDA
Revenues
Property taxes $ -
$ -
$ -
$ -
$ -
$
$
$ 355,080
Tax increments 33,749
15,145
218,945
45,479
372
707,824
Intergovernmental -
-
-
-
-
185,000
Investment earnings 2,731
2,126
501
84
3
69,099
Interest on loans -
-
-
-
-
(9,622)
3,739
Other revenues -
-
-
-
2,280
Total revenues 36,480
17,271
219,446
45,563
375
(9,622)
1,323,022
Expenditures:
Current
Salary and wages -
-
-
-
97,169
Benefits
-
37,021
Professional services - legal -
-
-
-
40
17,358
Professional services - other 105
105
105
105
-
63,572
LPV Insurance -
-
-
-
1,224
Legal and general publications 35
35
35
35
351
Property taxes -
-
-
-
1,641
Marketing
1,149
Dues and membership
5,796
Utilities
2,428
IT services
2,665
Travel and conferences
1,348
Land adjustment to market
-
245,118
Qualifying TIF expenditures
1,031,000
1,031,000
Other expenditures
-
260,625
Excess increments
137,813
Interest on intrafund loans
2,850
6,772
(9,622)
-
PAYG payments to third parties -
-
-
-
-
-
11,303
Total expenditures 140
2,990
140
6,912
40
1,031,000
(9,622)
1,917,581
Excess (deficiency) of revenues over (under)
expenditures 36,340
14,281
219,306
38,651
335
(1,031,000)
(594,559)
Other financing uses
Transfers out -
-
(200,000)
-
-
(200,000)
Net change in fund balances 36,340
14,281
19,306
38,651
335
(1,031,000)
-
(794,559)
Fund balance at beginning of year 123,686
(5,319)
16,356
(169,247)
163,200
7,313,264
Fund balance at end of year $ 160,026
$ 8,962
$ 35,662
$ (130,596)
$ 335
$ (1,031,000)
$ 163,200
$ 6,518,705
Required or Actual Decertification Date 12/31/2029
12131/2029
12/31/2022
12131/2021
12131/2045
12131/2030
TIF District Type Housing
Housing
Redevelopment
Economic
Housing
Economic
(d) = decertified
Development
Development
85
CITY OF MONTICELLO
Schedule of Assets, Liabilities, Deferred Inflows of Resources and Fund Balances
Debt Service Activities
December 31, 2020
General Obligation Bonds
2011A
2014A
2015B
2016A
2017A
2018A
2019A
2020A
Refunding
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Total
ASSETS
Cash and cash equivalents
$ 79,015
$
148,910
$
121,883
$
399,837
$
278,965
$
80,415
$
40,190
$
124,934
$ 1,274,149
Receivables
Unremitted special assessments
32,641
-
-
326
238
-
-
-
33,205
Deliquent special assessments
-
-
137
1,450
-
-
1,587
Deferred special assessments
91,208
391,878
226,644
81,840
509,250
1,300,820
Total assets
$ 111,656
$
148,910
$
213,091
$
792,178
$
507,297
$
80,415
$
122,030
$
634,184
$ 2,609,761
LIABILITIES
Accounts and contracts payable
$ 196
$
196
$
196
$
196
$
646
$
696
$
696
$
-
$ 2,822
DEFERRED INFLOWS OF RESOURCES
Unavailable revenue - special assessments
-
-
91,208
392,015
228,094
-
81,840
509,250
1,302,407
FUND BALANCES
Restricted for debt service
111,460
148,714
121,687
399,967
278,557
79,719
39,494
124,934
1,304,532
Total liabilities, deferred inflows
of resources, and fund balances
$ 111,656
$
148,910
$
213,091
$
792,178
$
507,297
$
80,415
$
122,030
$
634,184
$ 2,609,761
CITY OF MONTICELLO
Schedule of Revenues, Expenditures and Other Financing Sources (Uses)
Debt Service Activities
For the Year Ended December 31, 2020
General Obligation Bonds
2011A
2014A
2015B
2016A
2017A
2018A
2019A
2020A
Refunding
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Total
Revenues
Property taxes
$ 172,641
$ 535,501
$ 198,385
$ 405,039
$ 427,367
$ 472,434
$ 728,620
$ -
$ 2,939,987
Special assessments
113,348
-
23,416
145,564
47,347
-
14,833
124,520
469,028
Investment earnings
(8,015)
3,163
2,557
8,875
6,141
1,817
912
414
15,864
Total revenues
277,974
538,664
224,358
559,478
480,855
474,251
744,365
124,934
3,424,879
Expenditures
Debt service
Principal
1,230,000
365,000
160,000
450,000
370,000
305,000
505,000
-
3,385,000
Interest and fiscal charges
29,662
146,638
52,087
76,137
100,927
146,575
204,882
756,908
Total expenditures
1,259,662
511,638
212,087
526,137
470,927
451,575
709,882
-
4,141,908
Excess (deficiency) of
revenues over expenditures
(981,688)
27,026
12,271
33,341
9,928
22,676
34,483
124,934
(717,029)
Other financing sources
Transfers in
200,000
200,000
Net change in fund balance
(781,688)
27,026
12,271
33,341
9,928
22,676
34,483
124,934
(517,029)
Fund balance at beginning of year
893,148
121,688
109,416
366,626
268,629
57,043
5,011
-
1,821,561
Fund balance at end of year
$ 111,460
$ 148,714
$ 121,687
$ 399,967
$ 278,557
$ 79,719
$ 39,494
$ 124,934
$ 1,304,532
87
CITY OF
MonticeRo
(This page left blank intentionally)
::
nk'
� � ATISTICAL SECTION
STATISTICAL SECTION
The Statistical Section is included to provide detailed data on the physical, economic, social and political characteristics of the reporting
government. It is intended to provide the user with a broader and more complete understanding of the government and its financial affairs than is
possible from the basic financial statements and supplementary information included in the Financial Section.
Paqe
STATISTICAL SECTION
Financial trends
Net Position by Component - Last Ten Fiscal Years
89
Changes in Net Position - Last Ten Fiscal years
90
General Governmental Tax Revenues by Source - Last Ten Fiscal Years
92
Fund Balances of Governmental Funds - Last Ten Fiscal Years
93
Changes in Fund Balances of Governmental Funds - Last Ten Fiscal Years
94
Governmental Funds Tax Revenues by Source - Last Ten Fiscal Years
95
Revenue capacity
Tax Capacity Value and Estimated Market Value of Taxable Property - Last Ten Fiscal Years
96
Property Tax Rates - All Direct and Overlapping Governments - Last Ten Fiscal Years
97
Property Tax Levies and Collections - Last Ten Fiscal Years
98
Principal Property Taxpayers - Current Year and Nine Years Ago
99
New Construction and Bank Deposits - Last Ten Fiscal Years
100
Water Sold by Customer Type - Last Ten Fiscal Years
101
Water and Sewage Utility Rates - Last Ten Fiscal Years
102
Debt capacity
Ratios of Outstanding Debt by Type - Last Ten Fiscal Years
103
Ratios of Net General Obligation Bonded Debt Outstanding - Last Ten Fiscal Years
104
Legal Debt Margin Information - Last Ten Fiscal Years
105
Computation of Direct and Overlapping Debt - As of December 31, 2020
106
Schedule of General Obligation Revenue Bond Coverage - Last Ten Fiscal Years
107
Economic and demographic information
Demographic and Economic Statistics - Last Ten Fiscal Years
108
Principal Employers - Current Year and Nine Years Ago
109
Operating information
City Government Employees by Function/Program - Last Ten Fiscal Years
110
Operating Indicators by Function - Last Ten Fiscal Years
111
Capital Assets Statistics by Function - Last Ten Fiscal Years
113
Schedule of Cash Flows Adjusted for Additional City Funding of Fiber Optics Fund -Last Six Fiscal Years
114
CITY OF MONTICELLO
Net Position by Component
Last Ten Fiscal Years
(accrual basis of accounting)
$100
Primary Government Net Position
$80 ■ Net investment in
p $60 capital assets
■ Restricted net
$40 position
$20 ■ Unrestricted net
position
$- IUUU
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Note 1: In fiscal years 2012 and 2013, the city had a change in accounting principle, a change in fund structure, and prior period adjustments. In addition, the city implemented GASB Statement No. 68
and GASB Statement No. 71 in fiscal year 2015, and GASB Statement No. 75 in fiscal year 2018. Prior years have not been adjusted to reflect these changes.
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Governmental activities
Net investment in
capital assets
$ 38,242,040
$ 40,525,009
$ 44,268,757
$ 48,253,810
$ 38,099,568
$ 41,077,683
$ 41,535,637
$ 43,517,983
$ 40,008,410
$ 40,836,892
Restricted
16,894,936
13,061,044
18,118,070
10,453,449
12,633,770
10,569,693
11,599,951
9,649,085
8,690,172
5,397,034
Unrestricted
24,758,269
25,119,107
13,487,299
14,792,521
18,144,067
20,824,170
20,899,110
23,422,548
27,133,699
32,716,074
Total governmental
net position
$ 79,895,245
$ 78,705,160
$ 75,874,126
$ 73,499,780
$ 68,877,405
$ 72,471,546
$ 74,034,698
$ 76,589,616
$ 75,832,281
$ 78,950,000
Business -type activities
Net investment in
capital assets
$ 25,031,043
$ 23,698,091
$ 20,496,832
$ 42,117,264
$ 40,722,087
$ 41,014,122
$ 39,944,797
$ 39,250,211
$ 42,808,003
$ 41,000,179
Restricted
19,350
19,350
-
-
-
-
-
-
-
-
Unrestricted
6,901,353
7,642,046
6,463,638
9,121,952
8,163,982
9,052,590
11,905,058
13,261,505
14,855,640
17,649,288
Total business -type
net position
$ 31,951,746
$ 31,359,487
$ 26,960,470
$ 51,239,216
$ 48,886,069
$ 50,066,712
$ 51,849,855
$ 52,511,716
$ 57,663,643
$ 58,649,467
Primary government
Net investment in
capital assets
$ 63,273,083
$ 64,223,100
$ 64,765,589
$ 90,371,074
$ 78,821,655
$ 82,091,805
$ 81,480,434
$ 82,768,194
$ 82,816,413
$ 81,837,071
Restricted
16,914,286
13,080,394
18,118,070
10,453,449
12,633,770
10,569,693
11,599,951
9,649,085
8,690,172
5,397,034
Unrestricted
31,659,622
32,761,153
19,950,937
23,914,473
26,308,049
29,876,760
32,804,168
36,684,053
41,989,339
50,365,362
Total primary government
net position
$ 111,846,991
$ 110,064,647
$ 102,834,596
$ 124,738,996
$ 117,763,474
$ 122,538,258
$ 125,884,553
$ 129,101,332
$ 133,495,924
$ 137,599,467
$100
Primary Government Net Position
$80 ■ Net investment in
p $60 capital assets
■ Restricted net
$40 position
$20 ■ Unrestricted net
position
$- IUUU
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Note 1: In fiscal years 2012 and 2013, the city had a change in accounting principle, a change in fund structure, and prior period adjustments. In addition, the city implemented GASB Statement No. 68
and GASB Statement No. 71 in fiscal year 2015, and GASB Statement No. 75 in fiscal year 2018. Prior years have not been adjusted to reflect these changes.
CITY OF MONTICELLO
Changes in Net Position
Last Ten Fiscal Years
(accrual basis of accounting)
Expenses
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Governmental activities
General government $
2,111,710
$ 2,103,737
$ 1,623,727
$ 1,488,243
$ 1,447,725
$ 1,694,111
$ 1,656,666
$ 1,614,613
$ 1,927,752
$ 2,335,614
Public safety
1,788,595
1,819,378
1,884,981
1,880,193
1,960,009
2,187,363
2,208,971
2,377,661
2,406,748
2,658,246
Public works
4,838,544
5,045,729
5,163,461
5,223,345
5,312,612
5,480,074
5,292,743
5,548,199
5,765,576
4,777,282
Sanitation
495,693
500,037
487,268
517,956
563,477
600,300
614,328
615,586
610,944
681,948
Transit
-
-
-
10,000
40,000
41,250
3,191
18,333
-
-
Recreation and culture
1,753,197
2,719,730
2,875,260
2,882,127
3,524,979
3,998,945
3,521,756
3,460,887
3,636,958
3,289,716
Economic development
1,199,936
803,594
1,005,813
1,084,620
1,547,875
756,620
488,380
1,206,067
872,984
1,914,825
Interest and fiscal charges
1,248,716
1,298,869
235,265
649,854
735,753
565,774
514,558
617,344
752,595
756,546
Total governmental activities
13,436,391
14,291,074
13,275,775
13,736,338
15,132,430
15,324,437
14,300,593
15,458,690
15,973,557
16,414,177
Business -type activities
Water utility
1,167,572
1,118,789
1,009,600
1,084,882
1,102,610
1,168,473
1,157,506
1,235,055
1,216,446
1,212,656
Sewage utility
2,340,555
2,480,657
2,466,660
2,762,357
2,661,990
2,618,887
2,708,053
2,932,413
2,889,438
2,960,153
Stormwater
-
-
-
-
-
-
-
-
-
658,771
Liquor
4,161,212
4,302,055
4,457,207
4,569,673
4,768,218
4,873,033
5,104,937
5,394,968
5,577,481
6,395,558
Fiber optics
5,702,480
5,228,428
5,240,871
2,919,170
2,536,461
2,483,262
2,252,287
2,276,015
1,990,052
2,063,712
Deputy registrar
293,531
300,236
313,968
345,492
390,658
421,662
458,695
538,625
Total business -type activities
13,371,819
13,129,929
13,467,869
11,636,318
11,383,247
11,489,147
11,613,441
12,260,113
12,132,112
13,829,475
Total primary government expenses $
26,808,210
$ 27,421,003
$ 26,743,644
$ 25,372,656
$ 26,515,677
$ 26,813,584
$ 25,914,034
$ 27,718,803
$ 28,105,669
$ 30,243,652
Program Revenues
Governmental activities
Charges for services
General government $
521,182
$ 619,992
$ 147,244
$ 180,145
$ 214,087
$ 274,309
$ 239,460
$ 207,802
$ 232,336
$ 523,919
Public safety
202,237
179,540
163,366
164,616
320,158
894,311
851,307
780,236
921,916
799,227
Public works
508,077
383,066
544,404
371,671
521,697
527,425
283,241
217,675
373,581
156,657
Sanitation
52,304
53,077
16,653
48,385
104,786
89,956
80,774
169,337
381,328
522,088
Recreation and culture
1,240,970
1,150,273
1,307,149
1,331,581
1,488,197
1,437,659
1,493,651
1,630,915
1,602,473
652,729
Economic development
-
-
-
-
14,653
301,232
13,846
2,832
14,149
10,915
Operating grants and contributions
253,127
252,784
293,710
295,828
355,041
389,005
429,697
428,443
431,004
463,335
Capital grants and contributions
2,083,511
1,841,915
1,079,738
1,774,628
2,667,710
3,297,265
1,996,441
2,044,698
1,024,891
1,289,990
Total governmental activities
program revenues
4,861,408
4,480,647
3,552,264
4,166,854
5,686,329
7,211,162
5,388,417
5,481,938
4,981,678
4,418,860
Business -type activities
Charges for services
Water utility
1,078,133
1,304,923
1,214,570
1,117,226
1,126,718
1,172,258
1,415,441
1,432,194
1,300,191
1,541,694
Sewage utility
1,712,058
1,850,919
1,981,491
2,081,660
2,083,122
2,223,252
2,472,774
2,581,833
2,443,856
2,559,354
Stormwater
-
-
-
-
-
-
-
-
61,757
241,873
Liquor
4,653,384
4,854,798
5,085,924
5,166,066
5,493,925
5,450,630
5,755,166
6,090,981
6,377,457
7,405,960
Fiber optics
1,610,258
1,747,587
1,606,720
1,761,978
1,642,403
1,739,566
1,757,134
1,736,243
1,795,435
1,851,845
Deputy registrar
-
-
456,285
497,798
535,931
562,891
594,777
694,263
953,855
801,502
Capital grants and contributions
488,628
1,454,980
2,000,456
699,901
925,195
1,646,123
1,488,339
Total business -type activities
program revenues
9,053,833
9,758,227
10,344,990
11,113,356
12,337,079
13,149,053
12,695,193
13,460,709
14,578,674
15,890,567
Total primary government
program revenues $
13,915,241
$ 14,238,874
$ 13,897,254
$ 15,280,210
$ 18,023,408
$ 20,360,215
$ 18,083,610
$ 18,942,647
$ 19,560,352
$ 20,309,427
(continued)
U
Changes in Net Position
Last Ten Fiscal Years
(accrual basis of accounting)
Net
Governmental activities
Business -type activities
Total primary government net expense
General Revenues and Other
Changes in Net Position
Governmental activities
Taxes
Property taxes
Tax increment
Franchise taxes
Unrestricted grants and
contributions
Investment earnings
Other
Gain on sale of capital assets
Transfers
Total governmental activities
Business -type activities
Unrestricted grants and
contributions
Investment earnings
Miscellaneous
Gain on extinguishment of debt
Contribution of land to County
Transfer of operations
Transfers
Total business -type activities
Total primary government
Changes in Net Position
Governmental activities
Business -type activities
Total primary government
CITY OF MONTICELLO
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
$ (8,574,983) $ (9,810,427) $ (9,723,511) $ (9,569,484) $ (9,446,101) $ (8,113,275) $ (8,912,176) $ (9,976,752) $ (10,991,879) $ (11,995,317)
(4,317,986) (3,371,702) (3,122,879) (522,962) 953,832 1,659,906 1,081,752 1,200,596 2,446,562 2,061,092
$ (12,892,969) $ (13,182,129) $ (12,846,390) $ (10,092,446) $ (8,492,269)$ (6,453,369) $ (7,830,424) $ (8,776,156) $ (8,545,317) $ (9,934,225)
$ 7,406,358 $ 7,722,214 $ 7,961,229 $ 8,393,374 $ 8,683,585 $ 9,270,592 $ 9,560,482 $ 9,972,166 $ 10,375,714 $ 10,874,313
1,044,791 1,024,134 965,935 826,363 727,617 668,352 648,031 638,278 679,925 707,824
341,362 339,518 320,640 357,409 333,484 412,217 436,248 386,622 432,934 418,030
19,359 38,618 65,228 27,502 - - - - - 886,544
1,467,780 767,722 (189,128) 784,347 278,465 375,614 379,107 364,364 969,216 666,325
- 11,575 3,885 217,643 30,473 11,180 - - - -
354,501 540,272 489,782 - - - 1,725 15,000 -
713,655 (2,420,489) 278,500 (3,411,500) 2,301,045 969,461 (550,265) 1,000,000 (2,223,245) 1,560,000
11,347,806 8,023,564 9,896,071 7,195,138 12,354,669 11,707,416 10,475,328 12,376,430 10,234,544 15,113,036
- - - - - - - - - 151,794
495,484 264,589 (117,175) 399,757 108,191 128,080 151,126 162,003 482,120 332,938
1,555,509 100,687 65,468 - 88,157 5,218 - 379,246 - -
- - - 20,990,451 - - -
- (5,511,547) - - - - -
- - 356,900 - -
(713,655) 2,420,489 (278,500) 3,411,500 (2,301,045) (969,461) 550,265 (1,000,000) 2,223,245 (1,560,000)
1,337,338 2,785,765 (330,207) 24,801,708 (7,616,244) (479,263) 701,391 (458,751) 2,705,365 (1,075,268)
$ 12,685,144 $ 10,809,329 $ 9,565,864 $ 31,996,846 $ 4,738,425 $ 11,228,153 $ 11,176,719 $ 11,917,679 $ 12,939,909 $ 14,037,768
$ 2,772,823 $ (1,786,863) $ 172,560 $ (2,374,346) $ 2,908,568 $ 3,594,141 $ 1,563,152 $ 2,399,678 $ (757,335) $ 3,117,719
(2,980,648) (585,937) (3,453,086) 24,278,746 (6,662,412) 1,180,643 1,783,143 741,845 5,151,927 985,824
$ (207,825) $ (2,372,800) $ (3,280,526) $ 21,904,400 $ (3,753,844) $ 4,774,784 $ 3,346,295 $ 3,141,523 $ 4,394,592 $ 4,103,543
Note 1: The city made a fund structure change for the period ending December 31, 2013. Prior year data has not been restated as a result of this change.
Note 2: The city implemented GASB Statement No. 68 and GASB Statement No. 71 in fiscal year 2015, and GASB Statement No. 75 in fiscal year 2018. Prior years have not been adjusted to reflect these changes.
Note 3: The city created a new Stormwater enterprise fund in 2019. As part of creating the fund, all balances of the Storm Water Access capital projects fund were transferred to this fund.
91
CITY OF MONTICELLO
General Governmental Tax Revenues by Source
Last Ten Fiscal Years
(accrual basis of accounting)
Property
Tax
Franchise
Year Tax Increment
Tax
Total
2011 $ 7,406,358 $
1,044,791
$ 341,362
$ 8,792,511
2012 7,722,214
1,024,134
339,518
9,085,866
2013 7,961,229
965,935
320,640
9,247,804
2014 8,393,374
826,363
357,409
9,577,146
2015 8,683,585
727,617
333,484
9,744,686
2016 9,270,592
668,352
412,217
10,351,161
2017 9,560,482
648,031
436,248
10,644,761
2018 9,972,166
638,278
386,622
10,997,066
2019 10, 375,714
679,925
432,934
11,488, 573
2020 10,874,313
707,824
418,030
12,000,167
Change
2011-2020 46.8%
-32.3%
22.5%
36.5%
$12
$10
$8
c
° $6
$4
$2
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Tax Revenues by Source
Source: Finance Department
■ Property Tax
■Tax Increment
■ Franchise Tax
92
CITY OF MONTICELLO
Fund Balances of Governmental Funds
$ 1,299,057
$ 197,123
$ 1,822,926
$ 1,815,087
$ 4,259,743
$ 3,690,330
$ 23,488
Last Ten Fiscal Years
$ 72,028
$ 27,600
Restricted
22,140,662
21,480,938
10,928,985
10,453,449
8,619,905
(modified accrual basis of accounting)
7,924,461
5,867,997
7,567,522
5,008,177
Committed
2,662,124
-
-
2011 2012
2013
2014
2015
2016
2017
2018
2019
2020
General Fund
6,485,727
7,321,744
11,109,806
13,320,718
16,910,080
17,145,463
21,227,605
24,358,352
Nonspendable $ 386,616 $ 342,380
$ 258,100
$ 126,327
$ 113,302
$ 134,245
$ 110,869
$ 124,650
$ 135,139
$ 145,603
Committed 3,374,200 -
-
-
-
-
-
-
-
-
Unassigned 649,821 3,136,127
3,656,463
4,204,731
4,873,494
6,142,475
6,918,224
6,984,828
6,542,111
6,494,632
Total general fund $ 4,410,637 $ 3,478,507
$ 3,914,563
$ 4,331,058
$ 4,986,796
$ 6,276,720
$ 7,029,093
$ 7,109,478
$ 6,677,250
$ 6,640,235
All other governmental funds
Nonspendable
$ 1,299,057
$ 197,123
$ 1,822,926
$ 1,815,087
$ 4,259,743
$ 3,690,330
$ 23,488
$ 47,614
$ 72,028
$ 27,600
Restricted
22,140,662
21,480,938
10,928,985
10,453,449
8,619,905
6,987,234
7,924,461
5,867,997
7,567,522
5,008,177
Committed
2,662,124
-
-
-
-
-
-
-
-
-
Assigned
9,138,626
8,655,488
6,485,727
7,321,744
11,109,806
13,320,718
16,910,080
17,145,463
21,227,605
24,358,352
Unassigned
Special revenue
(141,890)
-
-
-
-
-
-
-
-
-
Capital projects
(1,435,666)
Total all other
governmental funds
$ 33,662,913
$ 30,333,549
$ 19,237,638
$ 19,590,280
$ 23,989,454
$ 23,998,282
$ 24,858,029
$ 23,061,074
$ 28,867,155
$ 29,394,129
Note 1: The City made a fund structure change for the period ending December 31, 2013. Prior year data has not been restated as a result of this change.
93
Changes in Fund Balances of Governmental Funds
Last Ten Fiscal Years
(modified accrual basis of accounting)
Revenues
Property taxes
Tax increments
Franchise taxes
Special assessments
Licenses and permits
Intergovernmental
Charges for services
Fines and forfeitures
Investment earnings
Interest on loans
Other revenues
Total revenues
Expenditures
General government
Public safety
Public works
Sanitation
Transit
Recreation and culture
Economic development
Capital outlay
Debt service
Principal
Interest and fiscal charges
Bond issuance costs
Total expenditures
Excess of revenues
over (under) expenditures
Other financing sources (uses)
Long-term debt issued
Premium (discount) on debt issued
Refunded bonds redeemed
Sale of capital assets
Transfers in
Transfers out
Total other financing sources (uses)
Net change in fund balances
CITY OF MONTICELLO
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
$ 7,294,635
$ 8,234,086
$ 7,985,695
$ 8,407,627
$ 8,638,401
$ 9,295,983
$ 9,593,445
$ 9,967,550
$ 10,375,468
$10,860,311
1,044,791
1,024,134
965,935
826,363
727,617
668,352
648,031
638,278
679,925
707,824
341,362
339,518
320,640
357,409
333,484
412,217
436,248
386,622
432,934
418,030
1,856,134
1,902,871
2,065,944
1,912,932
3,318,901
984,390
946,669
700,190
712,681
633,016
249,999
275,699
331,711
378,810
461,049
668,602
600,933
504,464
603,925
521,369
1,434,420
540,475
1,264,781
732,366
1,520,239
2,041,362
1,340,094
911,477
896,638
1,656,228
2,239,584
2,076,834
1,846,919
1,722,974
2,063,520
2,222,475
1,909,357
2,098,362
2,297,568
1,474,527
85
14,338
1,725
1,900
42,474
30,656
36,702
45,350
40,054
31,852
1,467,780
767,722
(183,242)
738,956
261,856
357,112
364,786
351,620
930,128
641,446
-
-
-
-
-
-
-
-
10,929
8,635
603,019
753,832
700,776
413,113
475,170
589,394
335,530
302,469
436,264
521,109
16,531,809
15,929,509
15,300,884
15,492,450
17,842,711
17,270,543
16,211,795
15,906,382
17,416,514
17,474,347
2,039,270
2,023,674
1,576,653
1,450,930
1,465,458
1,489,892
1,617,680
1,656,557
1,777,352
2,170,661
1,728,409
1,735,579
1,805,434
1,845,073
1,972,986
2,036,777
2,178,728
2,354,453
2,449,765
2,743,954
1,675,222
1,703,849
1,707,576
1,793,162
1,734,562
1,941,750
2,009,481
2,079,305
2,393,638
1,899,315
495,693
500,037
505,996
517,956
563,477
600,300
614,328
615,586
610,944
681,948
-
-
-
10,000
40,000
41,250
3,191
18,333
-
-
2,419,369
2,272,595
2,472,987
2,386,832
2,622,991
2,756,372
2,940,313
3,034,496
3,137,153
2,614,095
1,198,449
800,540
1,011,961
1,084,620
1,237,107
530,746
486,706
1,210,053
871,950
1,917,973
4,067,251
2,829,049
1,357,254
2,220,883
2,238,365
6,235,029
5,430,272
9,708,481
7,941,452
4,910,889
4,860,000
5,174,500
5,290,750
5,411,000
5,028,000
5,681,653
3,921,000
2,285,000
2,855,000
3,385,000
1,383,095
1,290,430
930,982
658,983
570,753
529,116
470,508
522,220
634,241
756,908
71,358
107,050
93,300
94,350
138,350
53,475
19,866,758
18,330,253
16,659,593
17,379,439
17,545,057
21,949,935
19,765,507
23,578,834
22,809,845
21,134,218
(3,334,949) (2,400,744) (1,358,709) (1,886,989) 297,654 (4,679,392) (3,553,712) (7,672,452) (5,393,331) (3,659,871)
10,735,000
6,080,000
2,605,000
4,900,000
5,000,000
5,000,000
8,000,000
2,155,000
301,910
(12,374)
46,898
97,503
78,814
40,882
131,662
101,280
-
-
(10,690,000)
-
-
-
-
-
-
-
11,575
12,428
-
30,473
11,180
1,725
15,000
29,340
333,550
5,710,819
9,990,120
6,906,770
4,914,385
4,261,817
2,192,636
1,029,628
2,082,845
5,928,040
2,760,000
(4,997,164)
(10,732,901)
(7,158,933)
(8,325,885)
(2,186,930)
(1,223,175)
(944,335)
(1,182,845)
(3,321,858)
(1,200,000)
11,750,565
(731,206)
(10,929,735)
2,656,126
4,757,258
5,978,144
5,165,832
5,955,882
10,767,184
4,149,830
$ 8, 15
4,616
$ (3,131,950)
$ (12,288,444)
$ 769,137
$ 5,054,912
$ 1,298,752
$ 1,612,120
$ (1,716,570)
$ 5,373,853
$ 489,959
Debt service as percentage
of noncapital expenditures 42.6% 41.4% 41.7% 40.0% 35.1% 38.0% 30.4% 20.1% 26.4% 24.9%
Note: The city made a fund structure change for the period ending December 31, 2013. Prior year data has not been modified to reflect this change.
94
Governmental Funds Tax Revenues by Source
Last Ten Fiscal Years
(modified accrual basis of accounting)
Year
LU11
2012
2013
2014
2015
2016
2017
2018
2019
2020
Change
2011-2020
Source: Finance Department
PrODerty
Tax
Franchise
Z� (,Ly4,bJb
1b 1,U44,/y1 Z�
8,234,086
1,024,134
7,985,695
965,935
8,407,627
826,363
8,638,401
727,617
9,295,983
668,352
9,593,445
648,031
9,967,550
638,278
10,375,468
679,925
10,860,311
707,824
48.9%
-32.3%
Tax Revenues by Source
t„
S41 ,3bL
339,518
320,640
357,409
333,484
412,217
436,248
386,622
432,934
418,030
22.5%
CITY OF MONTICELLO
Total
9,597,738
9,272,270
9,591,399
9,699,502
10,376,552
10,677,724
10,992,450
11,488, 327
11,986,165
38.1%
95
CITY OF MONTICELLO
Tax Capacity Value and Estimated Market Value of Taxable Property
Last Ten Fiscal Years
Total Taxable Net Tax Capacity Value
(Excludes Personal and Ag/Misc Property)
$35
$30
$25
o $20 ■ Residential
2 $15 ■ Commercial
$10
$5
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Note 1: The fiscal year is for the values in the year levied for taxes collectible in the following year.
Note 2: Tax exempt property values are not included in total taxable net tax capacity value.
Source: Wright County Certificate of Taxes and Taxable Properties.
M
Total
Net Tax
Real Property
Taxable Net
Capacity as a
Residential
% of
Commercial
% of
Personal
% of
Ag/Misc
% of
Tax Capacity
% of
Total Direct
Total
Percentage of
Year
Property
Total
Property
Total
Property
Total
Property
Total
Value
Total
Tax Rate
Market Value
Market Value
2011
$ 5,307,260
31.9%
$ 10,897,898
65.5%
$ 194,825
1.2%
$ 229,016
1.4%
$ 16,628,999
100.0%
46.729
$ 1,106,541,400
1.5%
2012
4,611,403
23.6%
14,538,165
74.3%
235,633
1.2%
194,492
1.0%
19,579,693
100.0%
49.773
1,219,719,700
1.6%
2013
4,824,117
25.4%
13,793,916
72.5%
239,129
1.3%
164,609
0.9%
19,021,771
100.0%
42.234
1,201,075,800
1.6%
2014
5,408,138
21.9%
18,818,097
76.4%
235,713
1.0%
184,750
0.7%
24,646,698
100.0%
44.709
1,513,570,400
1.6%
2015
5,861,759
22.1%
20,316,219
76.4%
238,732
0.9%
164,516
0.6%
26,581,226
100.0%
35.737
1,712,125,200
1.6%
2016
6,505,649
23.0%
21,386,874
75.6%
248,668
0.9%
166,437
0.6%
28,307,628
100.0%
34.471
1,828,437,600
1.5%
2017
7,325,880
24.2%
22,510,588
74.4%
272,344
0.9%
141,596
0.5%
30,250,408
100.0%
33.172
1,962,020,100
1.5%
2018
8,086,159
27.1%
21,262,918
71.4%
286,580
1.0%
148,899
0.5%
29,784,556
100.0%
32.333
1,974,154,400
1.5%
2019
8,924,604
29.2%
21,267,629
69.5%
274,720
0.9%
143,962
0.5%
30,610,915
100.0%
34.262
2,054,313,700
1.5%
2020
9,422,801
29.6%
21,941,590
69.0%
296,422
0.9%
135,311
0.4%
31,796,124
100.0%
34.967
2,135,371,400
1.5%
Total Taxable Net Tax Capacity Value
(Excludes Personal and Ag/Misc Property)
$35
$30
$25
o $20 ■ Residential
2 $15 ■ Commercial
$10
$5
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Note 1: The fiscal year is for the values in the year levied for taxes collectible in the following year.
Note 2: Tax exempt property values are not included in total taxable net tax capacity value.
Source: Wright County Certificate of Taxes and Taxable Properties.
M
Property Tax Rates - All Direct and Overlapping Governments
Last Ten Fiscal Years
60
40
a
io
°C 20
0
Property Tax Rates
For the three highest taxing authorities
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
(Wright
County
--*-School
District
#882
-City of
Monticello
CITY OF MONTICELLO
Total (1)
Direct and
OverlaDoina
114.57
122.72
113.36
116.43
99.21
96.38
90.03
88.99
96.70
96.44
Note 1: Information reflects total tax rates levied by each entity. Tax rates are expressed in terms of "net tax capacity." A property's tax capacity is determined by multiplying its
taxable market value by a state determined class rate. Class rates vary by property type and change periodically based on state legislation. Components of the direct rate are
not readily available.
Source: Wright County
97
Overlapping Taxing Districts
Monticello
City
Wright
School
Special
Year
of Monticello
County
District #882
Districts
2011
46.73
39.31
27.03
1.50
2012
49.77
43.45
28.26
1.24
2013
42.23
44.29
26.23
0.61
2014
44.71
43.45
28.27
-
2015
35.74
40.59
22.88
-
2016
34.47
39.97
20.86
1.08
2017
33.17
39.60
16.24
1.02
2018
32.33
39.95
15.62
1.09
2019
34.26
44.27
16.97
1.20
2020
34.97
44.42
15.87
1.19
60
40
a
io
°C 20
0
Property Tax Rates
For the three highest taxing authorities
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
(Wright
County
--*-School
District
#882
-City of
Monticello
CITY OF MONTICELLO
Total (1)
Direct and
OverlaDoina
114.57
122.72
113.36
116.43
99.21
96.38
90.03
88.99
96.70
96.44
Note 1: Information reflects total tax rates levied by each entity. Tax rates are expressed in terms of "net tax capacity." A property's tax capacity is determined by multiplying its
taxable market value by a state determined class rate. Class rates vary by property type and change periodically based on state legislation. Components of the direct rate are
not readily available.
Source: Wright County
97
Property Tax Levies and Collections
Last Ten Fiscal Years
PROPERTY TAXES
Total Tax
Fiscal Levy for
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
$ 7,677,351
7,850,042
7,900,724
8,151, 086
8,535,565
9,205,700
9,430,000
9,870,000
10,310,000
10,800,000
TAX INCREMENTS
Total Tax
Fiscal Levy for
2011
$ 1,071,686
2012
955,039
2013
971,745
2014
869,425
2015
729,130
2016
668,351
2017
650,375
2018
640,584
2019
680,301
2020
711,905
Source: Wright County
Tax
$ 293,075
Tax
CITY OF MONTICELLO
0
Collected within the
Total Collections
Year of the Net Levy
Collections in
to Date
Abatements
Total Uncollected
Net
% of
Subsequent
% of
and
% of
Levy
Amount
Net Levy
Years
Amount
Net Levy
Adjustments
Amount
Net Levy
$ 7,384,276
$ 7,178,807
97.2%
$ 185,763
$ 7,364,570
99.7%
$ (19,371)
$ 335
0.0%
7,850,042
7,759,174
98.8%
33,453
7,792,627
99.3%
(57,061)
354
0.0%
7,900,724
7,827,356
99.1%
40,255
7,867,611
99.6%
(31,626)
1,487
0.0%
8,151,086
8,109,373
99.5%
33,288
8,142,661
99.9%
(7,013)
1,412
0.0%
8,535,565
8,498,745
99.6%
22,831
8,521,576
99.8%
(12,524)
1,465
0.0%
9,205,700
9,177,787
99.7%
23,383
9,201,170
100.0%
(3,733)
797
0.0%
9,430,000
9,416,303
99.9%
12,151
9,428,454
100.0%
(1,546)
-
0.0%
9,870,000
9,850,163
99.8%
10,991
9,861,154
99.9%
(5,488)
3,358
0.0%
10,310,000
10,289,339
99.8%
11,864
10,301,203
99.9%
(146)
8,651
0.1%
10,800,000
10,770,454
99.7%
-
10,770,454
99.7%
(928)
28,618
0.3%
Collected
within the
Total Collections
Year of the Net Levy
Collections in
to Date
Abatements
Total Uncollected
Net
% of
Subsequent
% of
and
% of
Levy
Amount
Net Levy
Years
Amount
Net Levy
Adjustments
Amount
Net Levy
$ 1,071,686
$ 1,044,309
97.4%
$ 25,742
$ 1,070,051
99.8%
$ (1,635)
$
0.0%
955,039
953,400
99.8%
-
953,400
99.8%
(1,639)
0.0%
971,745
970,071
99.8%
-
970,071
99.8%
(1,674)
0.0%
869,425
869,339
100.0%
60
869,399
100.0%
(26)
0.0%
729,130
727,558
99.8%
-
727,558
99.8%
(1,572)
0.0%
668,351
668,351
100.0%
668,351
100.0%
0.0%
650,375
648,033
99.6%
648,033
99.6%
(2,342)
0.0%
640,584
638,278
99.6%
638,278
99.6%
(2,306)
-
0.0%
680,301
679,925
99.9%
679,925
99.9%
376
0.1%
711,905
707,825
99.4%
707,825
99.4%
(2,558)
1,522
0.2%
0
Principal Property Taxpayers
Current Year and Nine Years Ago
L&P Ventures, LLC
AX TC Retail, LP
BBF Properties
Tapper's Holdings of Monticello, LLC
$ 924,686,500 $ 18,278,202 57.5%
(1) The market value and taxable net tax capacity value is for taxes levied in 2020, which are payable in 2021.
Source: Wright County Certificate of Taxes and Taxable Properties and 2011 City of Monticello Financial Report
CITY OF MONTICELLO
2011
Percentage of
Taxable Net Tax Total Net Tax
Market Value Capacity Value Rank Capacity Value
$ 312,906,200 $ 6,252,112 1 37.6%
11,818,900
235,628
2020
1.4%
12,804,400
255,338
2
1.5%
7,617,300
Percentage of
4
(1)
Taxable Net Tax
143,730
Total Net Tax
Taxpayer
Market Value
Capacity Value
Rank
Capacity Value
Xcel Energy (Northern States)
$ 830,869,200
$ 16,610,285
1
52.2%
IRET Properties
26,233,600
327,920
2
1.0%
Mills Fleet Farm (Venturian Holdings)
12,911,000
255,220
3
0.8%
Target Corporation
10,000,000
199,250
4
0.6%
Walmart Real Estate Bus Trust
9,687,200
192,994
5
0.6%
RCG-Monticello MN, LLC
9,331,300
182,126
6
0.6%
CentraCare Medical Center (New River)
7,272,000
145,440
7
0.5%
Home Depot USA, Inc.
6,501,500
129,280
8
0.4%
Clear Creek Land Company, LLC
6,176,000
122,770
9
0.4%
Spirit Master Funding (Muller Theatres)
5,704,700
112,917
10
0.4%
L&P Ventures, LLC
AX TC Retail, LP
BBF Properties
Tapper's Holdings of Monticello, LLC
$ 924,686,500 $ 18,278,202 57.5%
(1) The market value and taxable net tax capacity value is for taxes levied in 2020, which are payable in 2021.
Source: Wright County Certificate of Taxes and Taxable Properties and 2011 City of Monticello Financial Report
CITY OF MONTICELLO
2011
Percentage of
Taxable Net Tax Total Net Tax
Market Value Capacity Value Rank Capacity Value
$ 312,906,200 $ 6,252,112 1 37.6%
11,818,900
235,628
3
1.4%
12,804,400
255,338
2
1.5%
7,617,300
152,346
4
0.9%
7,224,000
143,730
5
0.9%
5,536,400
109,597
7
0.7%
5,529,100
109,832
6
0.7%
5,156,900
101,638
8
0.6%
3,977,400
78,798
9
0.5%
3,999,400
78,488
10
0.5%
$ 376,570,000
$ 7,517,507
45.2%
CITY OF MONTICELLO
New Construction and Bank Deposits
Last Ten Fiscal Years
New Residential and Commercial Construction
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000 — - ■ — ' � ' — ■
2011 2012 14 2015 2016 2017 2018 LU1_
■ Residential ■ Commercial
(1) Reported for Wright County as of June 30
Source: City of Monticello building department and FDIC Market Share Reports
100
Building Permits
Bank Deposits (000s)
New
New
New
New
Total New
Commercial
Commercial
Residential
Residential
Residential &
Percent
Year
Permits
Value
Permits
Value
Commercial
Total (1)
Change
2011
5
$ 1,987,000
2
$ 336,606
$ 2,323,606
$ 1,389,163
7.8%
2012
2
880,000
22
3,520,415
4,400,415
1,407,421
1.3%
2013
3
1,790,000
52
8,920,580
10,710,580
1,425,497
1.3%
2014
3
2,106,000
72
12,317,617
14,423,617
1,486,376
4.3%
2015
2
763,000
44
8,836,399
9,599,399
1,557,782
4.8%
2016
7
19,425,000
61
12,750,071
32,175,071
1,643,984
5.5%
2017
3
3,270,264
64
13,358,118
16,628,382
1,765,565
7.4%
2018
4
6,783,829
58
12,148,575
18,932,404
1,827,691
3.5%
2019
4
7,228,571
56
10,712,880
17,941,451
1,915,042
4.8%
2020
1
1,050,000
68
12,473,308
13,523,308
2,387,138
24.7%
New Residential and Commercial Construction
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000 — - ■ — ' � ' — ■
2011 2012 14 2015 2016 2017 2018 LU1_
■ Residential ■ Commercial
(1) Reported for Wright County as of June 30
Source: City of Monticello building department and FDIC Market Share Reports
100
Water Sold by Customer Type
Last Ten Fiscal Years
(gallons)
Year
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
CITY OF MONTICELLO
% of
Residential
Total
348,580,072
66.0%
426,358,402
69.0%
383,079,041
68.8%
328,835,772
68.2%
325,188,041
68.1%
329,068,876
67.7%
371,596,967
67.7%
352,322,681
67.3%
307,411,101
64.0%
392,258,038
70.1%
CITY OF MONTICELLO
% of
Commercial
Total
84,194, 027
15.9%
97,281,410
15.7%
85,819,687
15.4%
79,370,922
16.5%
76,283,322
16.0%
77,795,226
16.0%
93,770,712
17.1%
89,911,481
17.2%
93,783,767
19.5%
92,058,431
16.5%
CITY OF MONTICELLO
% of
Industrial
Total
50,971,196
9.7%
46,654,712
7.5%
45,954,136
8.2%
38,308,124
7.9%
38,897,216
8.1%
42,407,860
8.7%
43,220,312
7.9%
43,067,083
8.2%
44,120,527
9.2%
39,630,515
7.1%
CITY OF MONTICELLO
Water Sold by Customer Type (gallons)
700
600
500 ■ Government
0 400 ■ Industrial
g 300 ■ Commercial
200 ■ Residential
100
0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Source: City of Monticello utility billing department
101
Total
% of
Water
°% of
Government
Total
Sold
Total
44,219,755
8.4%
527,965,050
100.0%
47,866,428
7.7%
618,160,952
100.0%
42,206,803
7.6%
557,059,667
100.0%
35,566,000
7.4%
482,080,818
100.0%
37,005,919
7.8%
477,374,498
100.0%
36,647,583
7.5%
485,919,545
100.0%
40,409,649
7.4%
548,997,640
100.0%
38,128,401
7.3%
523,429,646
100.0%
35,187,913
7.3%
480,503,308
100.0%
35,351,965
6.3%
559,298,949
100.0%
Water Sold by Customer Type (gallons)
700
600
500 ■ Government
0 400 ■ Industrial
g 300 ■ Commercial
200 ■ Residential
100
0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Source: City of Monticello utility billing department
101
CITY OF MONTICELLO
Water and Sewage Utility Rates
Last Ten Fiscal Years
Note: The city began billing monthly in 2017.
Source: City of Monticello fee schedule
102
Water
Sewage
Residential
Commercial
Rate Tier 1
Rate Tier 2
Rate Tier 3
Rate Tier 4
Rate Tier 1
Rate Tier 2
Rate Tier 3
Rate Tier 4
Rate Tier 1
Rate Tier 1
Base Rate
501-4,000
4,001-13,369
Over 13,369
Base Rate
501-4,000
4,001-13,369
Over 13,369
Base Rate
Over 500
Fiscal
First 500
per 100
per 100
per 100
First 500
per 100
per 100
per 100
First 500
per 100
Year
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
Cubic Feet
2011
$ 14.30
$ 0.95
$ 1.10
$ 1.20 $
14.30
$ 0.95
$ 1.10
$ 1.20 $
16.75 $
3.00
2012
15.44
1.03
1.19
1.30
15.44
1.03
1.19
1.30
18.76
3.36
2013
17.00
1.13
1.31
1.43
17.00
1.13
1.31
1.43
20.65
3.70
2014
17.00
1.13
1.31
1.43
17.00
1.13
1.31
1.43
20.65
3.70
2015
17.85
1.19
1.38
1.50
17.85
1.19
1.38
1.50
21.69
3.89
2016
18.85
1.22
1.41
1.50
18.85
1.22
1.41
1.50
22.69
3.97
Water
Sewage
Residential
Commercial
Rate Tier 1
Rate Tier 2
Rate Tier 3
Rate Tier 4
Rate Tier 1
Rate Tier 2
Rate Tier 3
Rate Tier 4
Rate Tier 1
Rate Tier 1
Base Rate
1,001-10,000
10,001-33,000
Over 33,000
Base Rate
1,001-10,000
10,001-33,000
Over 33,000
Base Rate
Over 1,000
Fiscal
First 1,000
per 1,000
per 1,000
per 1,000
First 1,000
per 1,000
per 1,000
per 1,000
First 1,000
per 1,000
Year
Gallons
Gallons
Gallons
Gallons
Gallons
Gallons
Gallons
Gallons
Gallons
Gallons
2017
6.45
1.66
1.92
2.09
6.45
1.66
1.92
2.09
8.05
5.48
2018
6.95
1.70
1.97
2.15
6.95
1.70
1.97
2.15
8.75
5.63
2019
7.10
1.74
2.02
2.21
7.10
1.74
2.02
2.21
9.00
5.77
2020
7.10
1.74
2.02
2.21
7.10
1.74
2.02
2.21
9.18
5.89
Note: The city began billing monthly in 2017.
Source: City of Monticello fee schedule
102
Ratios of Outstanding Debt by Type
Last Ten Fiscal Years
Governmental activities
General obligation bonds
Special assessment
Other
Tax abatement
Net premium (discount)
Total GO bonds
Certificates of indebtedness
Total general obligation debt
Non -general obligation bonds
Revenue
Total governmental activites
Business -type activities
General obligation
revenue bonds
Non -general obligation
Revenue bonds
PFA notes
Net premium (discount)
Total business -type activities
Total primary government
% of personal income (1)
Per capita debt (1)
CITY OF MONTICELLO
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
$ 29,490,000 $ 26,625,000 $ 13,010,000 $ 12,203,653 $ 11,689,653 $ 12,730,000 $ 12,695,000 $ 10,925,000 $ 9,200,000 $ 9,290,000
10,196,903 8,877,403 7,506,653 10,487,000 9,563,000 7,686,000 5,785,000 5,375,000 11,600,000 10,770,000
- - - - - - 2,960,000 7,800,000 8,390,000 7,845,000
818,803 744,748 265,320 67,350 190,196 159,266 128,336 105,777 69,187 44,028
40,505,706 36,247,151 20,781,973 22,758,003 21,442,849 20,575,266 21,568,336 24,205,777 29,259,187 27,949,028
445,000 385,000 325,000 265,000 200,000 135,000 70,000 -
40,505,706 36,247,151 21,226,973 23,143,003 21,767,849 20,840,266 21,768,336 24,340,777 29,329,187 27,949,028
3,690,898 2,739,341 1,782,784 985,000
$ 44,196,604 $ 38,986,492 $ 23,009,757 $ 24,128,003 $ 21,767,849 $ 20,840,266 $ 21,768,336 $ 24,340,777 $ 29,329,187 $ 27,949,028
$ 654,097 $ 568,597 $ 3,479,347 $ 3,206,347 $ 2,930,347 $ 2,460,000 $ 2,280,000 $ 2,095,000 $ 1,910,000 $ 1,720,000
26,445,000 26,445,000 26,445,000 - - - - - - -
- - - - 615,268 1,927,850 1,998,402 1,903,000 1,800,000 1,696,000
(434,904) (412,366) (360,211) 31,941 30,339 27,354 23,495 21,510 19,524 17,539
$ 26,664,193 $ 26,601,231 $ 29,564,136 $ 3,238,288 $ 3,575,954 $ 4,415,204 $ 4,301,897 $ 4,019,510 $ 3,729,524 $ 3,433,539
$ 70,860,797 $ 65,587,723 $ 52,573,893 $ 27,366,291 $ 25,343,803 $ 25,255,470 $ 26,070,233 $ 28,360,287 $ 33,058,711 $ 31,382,567
15.3% 13.2% 10.1% 5.1% 4.4% 4.2% 4.2% 4.4% 4.8% 4.4%
$ 5,554 $ 5,071 $ 4,055 $ 2,106 $ 1,931 $ 1,899 $ 1,944 $ 2,093 $ 2,399 $ 2,260
(1) See the Schedule of Demographic and Economic Statistics.
Source, Details regarding the city's outstanding debt can be found in the notes to basic financial statements.
103
Ratios of Net General Obligation Bonded Debt Outstanding
Last Ten Fiscal Years
Year
Less Net
General Position
Obligation Restricted for
Bonds (1) Debt Service
TM.1
CITY OF MONTICELLO
Percentage of
Estimated
Actual Market
Value of
Property (2) Per Capita (3)
2011
$ 41,159,803
$ 16,894,936
$ 24,264,867
2.19%
$ 1,902
2012
36,815,748
13,061,044
23,754,704
1.95%
1,836
2013
24,706,320
9,660,316
15,046,004
1.25%
1,161
2014
26,349,350
9,942,901
16,406,449
1.08%
1,263
2015
24,728,535
9,266,800
15,461,735
0.90%
1,178
2016
23,327,620
7,009,231
16,318,389
0.89%
1,227
2017
24,071,831
6,359,147
17,712,684
0.90%
1,321
2018
26,457,287
6,082,504
20,374,783
1.03%
1,503
2019
31,258,711
5,251,080
26,007,631
1.27%
1,887
2020
29,686,567
2,565,047
27,121,520
1.27%
1,953
(1) Does not include revenue bonds.
(2) See the Schedule of Taxable Net Tax Capacity Value and Estimated Market Value of Taxable Property for the estimated actual market value.
(3) See the Schedule of Demographic and Economic Statistics.
Source: Details regarding the city's outstanding debt can be found in the notes to basic financial statements.
104
CITY OF MONTICELLO
Legal Debt Margin Information
Last Ten Fiscal Years
Fiscal Year
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Legal debt limit $ 33,196,242 $ 36,591,591 $ 35,671,296 $ 45,407,112 $ 51,363,756 $ 54,853,128 $ 58,860,603 $ 59,224,632 $ 61,629,411 $ 64,061,142
Total net debt
applicable to
debt limit 4,365,000 3,795,000 6,200,000 10,872,000 9,888,000 7,951,000 8,945,000 13,310,000 20,060,000 14,390,000
Legal debt margin $ 28,831,242 $ 32,796,591 $ 29,471,296 $ 34,535,112 $ 41,475,756 $ 46,902,128 $ 49,915,603 $ 45,914,632 $ 41,569,411 $ 49,671,142
Total net debt
applicable to
debt limit as a
percentage
of debt limit 13.1% 10.4% 17.4% 23.9% 19.3% 14.5% 15.2% 22.5% 32.5% 22.5%
Legal Debt Margin Calculation for Fiscal Year 2020
Market value $ 2,135,371,400
Debt limit (3% of market value) $ 64,061,142
Debt applicable to limit
General obligation bonds $ 29,625,000
Less amounts for general obligation bonds
not subject to debt limit (15,235,000)
Total net debt applicable to limit
Legal debt margin
Source: Details regarding the city's outstanding debt can be found in the notes to basic financial statements. Market value data provided in Wright County Certificate of Taxes and Taxable Properties.
14,390,000
$ 49,671,142
105
Computation of Direct and Overlapping Debt
As of December 31, 2020
Total Overlapping Debt
Total direct and overlapping debt
CITY OF MONTICELLO
Amount
applicable to
city
$ 27,949,028
35,092,480
24,250,050
59,342,530
$ 87,291,558
(1) The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of the government's taxable
assessed value that is within the City's boundaries and dividing it by the government's total taxable assessed value.
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping
governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the government's ability to issue and repay long-term debt, the entire debt
burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident and, therefore, responsible for repaying the debt of each
overlapping government.
Source: The Wright County auditor provided the debt outstanding and estimated applicable percentages for the school district and county.
106
Estimated
Gross
percentage
bonded debt
applicable
Jurisdiction
outstanding
to city (1)
DIRECT DEBT:
City of Monticello
$ 27,949,028
100.0%
OVERLAPPING DEBT:
I.S.D. 882
47,680,000
73.6%
Wright County
146,970,000
16.5%
Total Overlapping Debt
Total direct and overlapping debt
CITY OF MONTICELLO
Amount
applicable to
city
$ 27,949,028
35,092,480
24,250,050
59,342,530
$ 87,291,558
(1) The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of the government's taxable
assessed value that is within the City's boundaries and dividing it by the government's total taxable assessed value.
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping
governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the government's ability to issue and repay long-term debt, the entire debt
burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident and, therefore, responsible for repaying the debt of each
overlapping government.
Source: The Wright County auditor provided the debt outstanding and estimated applicable percentages for the school district and county.
106
CITY OF MONTICELLO
Schedule of General Obligation Revenue Bond Coverage
Last Ten Fiscal Years
Sewage Fund:
Net Revenue
Gross
Operating
Available for
Debt Service Requirements (3)
Year (3)
Revenues (1)
Expenses(2)
Debt Service
Principal
Interest
Total
Coverage
2013
$ 2,006,718
$ 1,476,418
$ 530,300
$ -
$ -
$ -
2014
2,081,660
1,570,197
511,463
273,000
91,963
364,963
140.1%
2015
2,083,122
1,479,157
603,965
276,000
84,158
360,158
167.7%
2016
2,223,252
1,411,831
811,421
570,830
78,002
648,832
125.1%
2017
2,472,774
1,552,617
920,157
289,000
63,823
352,823
260.8%
2018
2,581,833
1,674,428
907,405
287,149
81,125
368,274
246.4%
2019
2,443,856
1,596,714
847,142
288,000
76,826
364,826
232.2%
2020
2,559,354
1,663,234
896,120
294,000
72,972
366,972
244.2%
(1) Total revenues does not include investment earnings.
(2) Total operating expenses excluding depreciation.
(3) The first year of bond payments is 2014. Schedule excludes telecommunications bonds. No other revenue bonds existed before 2013.
Source: Finance Department
107
CITY OF MONTICELLO
Demographic and Economic Statistics
Last Ten Fiscal Years
Notes/sources:
(1) Minnesota State Demographic Center population estimates.
(2) Annual average unemployment rate for Wright County provided by the Minnesota Department of Employment & Economic Development.
(3) ISD No. 882 enrollment information was obtained from the District's Financial Report for the year ended June 30, 2020.
(4) This estimated personal income number is calculated by taking the per capita personal income and multiplying it by the city's population. Also see note (5) regarding the per capita personal income
figures.
(5) Per capita personal income data is provided by the Bureau of Economic Analysis. Monticello's estimates are based on Wright County information. Wright County, where Monticello is located, is the
smallest, relevant statistical tracking area. Data is subject to annual revisions by the Bureau of Economic Analysis.
108
Per
Estimated
Capita
Unemployment
School
Personal
Personal
Year
Population (1)
rate (2)
Enrollment (3)
Income (4)
Income (5)
2011
12,759
7.5%
3,921
$ 462,041,667
$ 36,728
2012
12,935
6.2%
3,989
498,178,590
39,241
2013
12,964
4.6%
4,031
520,193,464
40,898
2014
12,993
3.8%
4,010
531,660,567
41,844
2015
13,125
3.7%
4,115
570,058,125
43,710
2016
13,299
4.3%
4,119
603,960,786
45,458
2017
13,409
3.5%
4,074
620,461,248
46,333
2018
13,553
3.4%
4,157
644,811,081
48,370
2019
13,782
3.8%
4,053
691,594,542
50,480
2020
13,886
4.4%
4,108
716,642,574
51,609
Notes/sources:
(1) Minnesota State Demographic Center population estimates.
(2) Annual average unemployment rate for Wright County provided by the Minnesota Department of Employment & Economic Development.
(3) ISD No. 882 enrollment information was obtained from the District's Financial Report for the year ended June 30, 2020.
(4) This estimated personal income number is calculated by taking the per capita personal income and multiplying it by the city's population. Also see note (5) regarding the per capita personal income
figures.
(5) Per capita personal income data is provided by the Bureau of Economic Analysis. Monticello's estimates are based on Wright County information. Wright County, where Monticello is located, is the
smallest, relevant statistical tracking area. Data is subject to annual revisions by the Bureau of Economic Analysis.
108
Principal Employers
Current Year and Nine Years Ago
Employer
Xcel Energy (Northern States)
ISD No. 882 (Monticello)
CentraCare Medical Center (New River)
Cargill Kitchen Solutions (Sunny Fresh)
Wal-Mart Supercenter
City of Monticello
Home Depot
Target
Ultra Machine Corporation
Cub Foods
WSI Industries, Inc.
Standard Iron & Wire Works
3,196 45.3%
(1) The city estimates its workforce by using the city's percentage of total county population and multiplying that number by the county's total workforce.
Source: City of Monticello 2020A Bond Statement and 2011 City of Monticello CAFR
CITY OF MONTICELLO
2020
180 6
2.5%
100 10
Percentage of
4,346
60.0%
Total City
Employees
Rank
Employment (1)
600
1
8.2%
576
2
7.9%
500
3
6.8%
350
4
4.8%
300
5
4.1%
230
6
3.1%
150
7
2.0%
150
7
2.0%
140
9
1.9%
100
10
1.4%
100
10
1.4%
3,196 45.3%
(1) The city estimates its workforce by using the city's percentage of total county population and multiplying that number by the county's total workforce.
Source: City of Monticello 2020A Bond Statement and 2011 City of Monticello CAFR
CITY OF MONTICELLO
140 9
2011
180 6
2.5%
100 10
Percentage of
4,346
60.0%
Total City
Employees
Rank
—Employment (1)
2,000
1
27.6%
544
2
7.5%
500
3
6.9%
250
5
3.5%
325
4
4.5%
147
8
2.0%
160
7
2.2%
140 9
1.9%
180 6
2.5%
100 10
1.4%
4,346
60.0%
109
CITY OF MONTICELLO
City Government Employees by Function/Program
Last Ten Fiscal Years
FT = Full-time PT = Part-time
(1) Includes seasonal public works
(2) Years 2011-2013 were estimated 2014 levels as data was not previously tracked. Reduction in 2020 was due to COVID-19 pandemic.
(3) Prior to 2013, the deputy registrar function was included with general government. Prior years were restated.
(4) Management and operations were contracted out beginning July 1, 2016.
Source: City of Monticello human resources department
110
Fiscal Year
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Employees by function
General Fund
General government
11.00
11.00
11.00
12.50
12.50
13.50
11.50
11.50
11.50
11.75
Public Safety
Building
3.00
3.00
3.00
3.00
4.00
4.00
4.00
3.00
3.00
3.00
Fire marshal
-
-
-
-
-
-
-
1.00
1.00
1.00
Public works
Engineering
3.00
3.00
1.00
1.00
1.00
1.00
1.00
2.00
2.00
2.00
Maintenance(1)
19.00
19.00
19.00
18.50
18.50
18.50
10.50
9.50
9.60
8.80
Recreation and culture
Parks
5.00
5.00
5.00
5.00
5.00
5.00
13.00
10.00
8.90
9.90
Community development
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
2.00
Special Revenue Funds
Recreation and culture
Community center -FT
8.00
8.00
8.00
7.50
7.50
7.50
7.50
7.50
7.50
7.50
Community center-PT(2)
36.50
36.50
36.50
36.50
36.50
36.50
38.10
37.30
35.00
14.70
Enterprise Funds
Sewer/water
4.00
4.00
4.00
4.00
5.00
5.00
6.00
6.00
6.50
6.50
Deputy registrar(3)
5.00
5.00
5.00
5.00
5.00
5.00
7.50
7.00
7.60
6.80
Liquor store
10.00
10.00
10.00
11.50
11.50
11.50
12.40
13.10
14.20
11.90
FiberNet(4)
11.50
11.50
8.50
8.50
8.50
Total
118.00
118.00
113.00
115.00
117.00
109.50
113.50
109.90
108.80
85.85
Employees by fund type
General Fund
43.00
43.00
41.00
42.00
43.00
44.00
42.00
39.00
38.00
38.45
Special Revenue Funds
44.50
44.50
44.50
44.00
44.00
44.00
45.60
44.80
42.50
22.20
Enterprise Funds
30.50
30.50
27.50
29.00
30.00
21.50
25.90
26.10
28.30
25.20
118.00
118.00
113.00
115.00
117.00
109.50
113.50
109.90
108.80
85.85
FT = Full-time PT = Part-time
(1) Includes seasonal public works
(2) Years 2011-2013 were estimated 2014 levels as data was not previously tracked. Reduction in 2020 was due to COVID-19 pandemic.
(3) Prior to 2013, the deputy registrar function was included with general government. Prior years were restated.
(4) Management and operations were contracted out beginning July 1, 2016.
Source: City of Monticello human resources department
110
Operating Indicators by Function
Last Ten Fiscal Years
Function
Fire
Calls for service
Public works
Salt (tons)
Sand (tons)
Crack sealant (pounds)
Asphalt repairs (tons of asphalt)
Recreation and culture
Shade trees planted
Diseased trees removed
Trails maintained (miles)
Community center users
Program sales
Rental revenue
Economic development
Permits issued
Permit valuation
New single-family dwellings
Water
Meters/remotes replaced
Curb box repairs (water valves)
Hydrant repair
Residential water gallons used
Avg. daily consumption (MG)
Max. daily gallons pumped (MG)
Sewer
Sewage flow (MG)
Thickened sludge (wet tons)
Thickened sludge (dry tons)
Dry tons as % of wet tons
Library
Items checked out
Programs offered
Program participants
CITY OF MONTICELLO
Fiscal Year
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
284
237
270
286
262
270
312
269
294
272
445
300
475
385
534
525
461
585
752
730
547
335
325
600
285
300
397
329
432
400
11,384
1,492
25,739
23,282
29,580
49,039
46,721
46,868
47,176
44,456
253
220
225
190
293
220
167
164
492
443
140
220
275
270
257
280
320
305
314
220
113
205
71
46
208
60
40
12
15
6
17
17
17
18
18
20
40
40
41
41
190,014
175,272
211,234
204,134
199,228
197,523
188,124
183,523
183,521
71,632
$ 168,159 $
162,227
$ 192,708 $
184,125 $
213,924
$
193,628 $
162,461
$ 183,194 $
112,506
$ 22,129
$ 154,962 $
149,733
$ 163,329 $
150,964 $
154,938
$
168,353 $
190,343
$ 199,200 $
197,351
$ 80,040
372
632
659
721
768
802
911
856
837
957
$ 5,333,124 $
12,285,873
$ 15,821,223 $
19,714,895 $
36,242,742
$
59,426,683 $
43,853,123
$ 33,125,788 $
45,723,446
$ 32,453,366
2
22
52
72
44
61
64
58
56
68
215
418
235
598
694
991
734
606
426
54
200
100
100
100
100
100
100
50
4
25
430
300
300
203
430
250
177
159
65
35
348,580,072
426,358,402
383,079,041
328,835,772
325,188,041
329,068,876
371,596,967
352,322,681
307,411,101
392,258,038
1.557
1.798
1.621
1.400
1.308
1.419
1.580
1.540
1.401
1.650
4.116
4.590
4.269
4.031
3.203
3.450
4.168
3.400
3.064
4.295
431
408
392
435
417
432
445
434
473
450
n/a
n/a
n/a
1,924
1,549
1,449
1,578
2,115
2,145
2,100
n/a
n/a
n/a
264
236
216
229
333
336
325
n/a
n/a
n/a
0
0
0
14.5%
15.7%
15.7%
15.5%
228,886
237,938
263,220
199,182
195,235
190,433
182,986
182,691
171,460
112,334
153
149
173
169
167
212
290
287
243
102
3,807
3,761
3,773
3,788
3,919
4,306
5,336
5,059
4,788
4,810
(continued)
111
Operating Indicators by Function
Last Ten Fiscal Years (continued)
Fiber optics
Customers
Service subscriptions
TV customers
Phone customers
Internet customers
Liquor store
Transactions
Average liquor sale transaction
Beer sales
Liquor sales
Wine sales
Other sales
Gross profit margin % - beer
Gross profit margin % - liquor
Gross profit margin % - wine
Annual sales increase
Deputy registrar (DMV)
Motor vehicle transactions
DNR transactions
Game/fish transactions
Drivers licenses transactions
Total transactions
Dealerships serviced
Net revenue per transaction
CITY OF MONTICELLO
54,814
56,211
55,261
60,051
64,927
67,508
70,605
Fiscal Year
129,825
115,466
5,616
5,465
5,727
5,949
5,914
6,318
2011
7,009
2012
2013
325
2014
445
2015
387
2016
647
2017
709
2018
579
2019
2020
n/a
1,294
n/a
n/a
1,411
1,539
2,927
1,574
62,999
1,630
67,895
1,671
75,891
1,639
119,543
1,701
1,851
n/a
n/a
n/a
n/a
19
2,755
27
2,656
30
2,589
$ 1.71 $
2,528
2.68 $
2,388
3.02 $
2,381
2,439
n/a
3.48 $
n/a
n/a
813
714
641
543
458
395
323
n/a
n/a
n/a
582
518
461
431
386
362
315
n/a
n/a
n/a
1,360
1,424
1,487
1,554
1,544
1,624
1,801
n/a
n/a
n/a
229,236
237,535
235,901
248,356
261,071
267,276
260,957
n/a
n/a
n/a
$
21.90
$
22.42
$
22.39
$
22.42
$
22.56
$
23.07
$ 27.48
$ 2,328,735
$
2,483,194
$ 2,539,168
$
2,604,942
$
2,763,478
$
2,768,394
$
2,933,853
$
3,074,408
$
3,252,142
$ 3,838,912
$ 1,343,109
$
1,396,521
$ 1,506,776
$
1,546,118
$
1,634,198
$
1,624,908
$
1,739,562
$
1,909,953
$
2,019,096
$ 2,351,072
$ 748,908
$
812,832
$ 860,817
$
868,779
$
927,732
$
889,082
$
894,151
$
904,385
$
894,005
$ 982,113
n/a
n/a
$ 138,854
$
145,903
$
166,654
$
171,420
$
192,615
$
201,482
$
212,052
$ 232,452
19.1%
20.3%
22.5%
21.4%
25.6%
21.1%
23.2%
21.4%
22.5%
21.2%
28.0%
29.3%
27.7%
30.3%
29.8%
29.0%
26.6%
29.0%
30.1%
30.7%
28.5%
31.4%
29.7%
30.7%
31.5%
32.5%
34.4%
32.5%
31.8%
33.4%
3.9%
4.1%
4.1%
2.4%
6.3%
-0.7%
5.6%
5.7%
4.7%
16.1%
54,814
56,211
55,261
60,051
64,927
67,508
70,605
110,574
129,825
115,466
5,616
5,465
5,727
5,949
5,914
6,318
5,873
7,009
8,148
8,424
325
509
445
433
387
600
647
549
709
311
579
814
951
1,462
1,294
1,465
1,390
1,411
1,283
2,927
61,334
62,999
62,384
67,895
72,522
75,891
78,515
119,543
139,965
127,128
n/a
n/a
19
19
19
21
27
28
30
32
$ 1.71 $
2.75 $
2.68 $
2.91 $
3.02 $
3.05 $
2.66 $
2.21 $
3.48 $
2.15
N/A = Not Available
MG= Millions of Gallons
Notes: Indicators are not available for the general government function.
State implementation of MNLARS changed how transactions are counted in 2018. In late 2020, the DMV's system changed again to MNDrive, which also counts transactions differently.
Sources: Various city departments
112
Capital Assets Statistics by Function
Last Ten Fiscal Years
Function
Public safety
Fire
Fire stations in service
Number of volunteers
Public works
Streets (miles)
Recreation and culture
Parks acreage
Parks
Park buildings
Community center (sq. ft.)
Water
Fire hydrants
CITY OF MONTICELLO
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
1 1 1 1 1 1 1 1 1 1
30 30 30 30 30 30 30 30 30 30
68.0 68.0 68.0 68.0 68.0 68.0 69.0 70.0 70.0 70.0
635 635 696 860 326 367 367 404 404 404
28 28 28 30 30 30 30 30 30 30
15 15 15 15 15 15 15 18 18 18
81,000 81,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000 82,000
700 700 700 700 700 700 700 700 700 700
Note: No capital asset indicators are available for the general government and economic development functions.
Note: The city contributed jointly -owned land at the Bertram Chain of Lakes to Wright County in 2015.
Source: Various city departments
113
Schedule of Cash Flows Adjusted for Additional City Funding of Fiber Optics Fund
Last Six Fiscal Years
Cash flows from operating activities
Cash received from customers and users
Cash paid to suppliers for goods and services
Cash paid to employees
Cash paid to other funds for services provided
Net cash used by operating activities
Cash flows from noncapital financing activities
Transfers from other funds
Intergovernmental revenues
Net cash provided by noncapital financing activities
Cash flows from capital and related financing activities
Sale of assets
Acquisition of capital assets
Net cash provided (used) by capital and related
financing activities
Cash flows from investing activities
Interest on investments
Net increase (decrease) in cash and cash equivalents
Additional city funding
Transfer from liquor fund
2014A debt service paid by property tax levy
Adjusted net decrease in cash and cash equivalents
$600,000
$400,000
$200,000
$(200,000)
$(400,000)
$(600,000)
$(800,000)
$(1,000,000)
CITY OF MONTICELLO
2015 2016 2017 2018 2019 2020
$1,733,236 $1,613,032 $1,886,377 $1,679,899 $1,789,793 $1,819,710
(1,332,231) (1,657,929) (1,955,033) (1,877,048) (1,465,167) (1,545,323)
(565,657) (322,670) (18,367) (205) (244) (4,086)
(24,291) (26,929) (1,530) (1,194) (1,050)
(188,943) (394,496) (87,023) (198,884) 323,188 269,251
450,000 350,000 180,000 130,000 - -
- - - - 82,063
450,000 350,000 180,000 130,000 82,063
29,850
(171,210)
29,850 (171,210)
8,255 5,783 4,490 3,216 16,259 14,001
299,162 (38,713) 97,467 (65,668) 339,447 194,105
(450,000)
(350,000)
(180,000)
(130,000)
(163,712)
(515,519)
(512,086)
(512,665) (512,357) (511,638)
$ (314,550)
$ (904,232)
$ (594,619)
$ (708,333) $ (172,910) $ (317,533)
Fiber Optics Fund Cash Flows
2015 2016 2017 2018 2019 2020
� Net increase(decrease)in cash and
cash equivalents
� Transfer from liquor fund
2014A debt service paid by property
tax levy
-Adjusted net decrease in cash and
cash equivalents
114
BACK COVER
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
Special Purpose Audit Reports
Year Ended
December 31, 2020
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
Special Purpose Audit Reports
Year Ended December 31, 2020
Table of Contents
Page
Schedule of Expenditures of Federal Awards
Independent Auditor's Report on Internal Control Over Financial Reporting and
on Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance With Government Auditing Standards 2-3
Independent Auditor's Report on Compliance for Each Major Federal
Program; Report on Internal Control Over Compliance; and Report on the
Schedule of Expenditures of Federal Awards Required by the Uniform Guidance 4-6
Independent Auditor's Report on Minnesota Legal Compliance
7
Schedule of Findings and Questioned Costs 8-9
THIS PAGE INTENTIONALLY LEFT BLANK
CITY OF MONTICELLO
Schedule of Expenditures of Federal Awards
Year Ended December 31, 2020
Through Grantor/Program Title
U.S. Depeartment of Treasury
Passed through the Minnesota Department of Management
and Budget
COVID-19 — Coronavirus Relief Fund
Pass -Through
Entity
Federal Identification Federal
CFDA No. Number Expenditures
21.019 STL0016 $ 1,038,338
Note 1: The Schedule of Expenditures of Federal Awards is prepared on the accrual basis of accounting. The information
in this schedule is presented in accordance with the OMB's Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may
differ from the amounts presented in, or used in the preparation of, the City's basic financial statements.
Note 2: Unless noted in the table above, the pass-through entities use the same CFDA numbers as the federal grantors to
identify these grants, and have not assigned any additional identifying numbers.
Note 3: The City did not elect to use the 10 percent de minimis indirect cost rate.
Note 4: Unaudited Disclosure — The City received donated personal protective equipment (PPE) with an estimated value of
less than $1,000. The City was unable to determine whether federal dollars were used to purchase the donated PPE.
-1-
THIS PAGE INTENTIONALLY LEFT BLANK
INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL
OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN
ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the City Council and Management
City of Monticello, Minnesota
We have audited, in accordance with auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States, the financial statements of the governmental
activities, the business -type activities, each major fund, and the aggregate remaining fund information of
the City of Monticello, Minnesota (the City) as of and for the year ended December 31, 2020, and the
related notes to the financial statements, which collectively comprise the City's basic financial statements,
and have issued our report thereon dated May 14, 2021.
INTERNAL CONTROL OVER FINANCIAL REPORTING
In planning and performing our audit of the financial statements, we considered the City's internal control
over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in
the circumstances for the purpose of expressing our opinions on the financial statements, but not for the
purpose of expressing an opinion on the effectiveness of the City's internal control. Accordingly, we do
not express an opinion on the effectiveness of the City's internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement
of the City's financial statements will not be prevented, or detected and corrected, on a timely basis. A
significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less
severe than a material weakness, yet important enough to merit attention by those charged with
governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any
deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses
may exist that have not been identified.
(continued)
-2-
COMPLIANCE AND OTHER MATTERS
As part of obtaining reasonable assurance about whether the City's financial statements are free from
material misstatement, we performed tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements, noncompliance with which could have a direct and material effect on the
financial statements. However, providing an opinion on compliance with those provisions was not an
objective of our audit and, accordingly, we do not express such an opinion. The results of our tests
disclosed no instances of noncompliance or other matters that are required to be reported under
Government Auditing Standards.
PURPOSE OF THIS REPORT
The purpose of this report is solely to describe the scope of our testing of internal control and compliance
and the results of that testing, and not to provide an opinion on the effectiveness of the City's internal
control or on compliance. This report is an integral part of an audit performed in accordance with
Government Auditing Standards in considering the City's internal control and compliance. Accordingly,
this report is not suitable for any other purpose.
Minneapolis, Minnesota
May 14, 2021
-3-
INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE FOR
EACH MAJOR FEDERAL PROGRAM; REPORT ON INTERNAL CONTROL
OVER COMPLIANCE; AND REPORT ON THE SCHEDULE OF EXPENDITURES
I
l 0 a 110 11:.11W.-\hV:N:X03.300001RNo0331AIIIW8101ITO:Nuroll] 10J."ere 0,
To the City Council and Management
City of Monticello, Minnesota
REPORT ON COMPLIANCE FOR EACH MAJOR FEDERAL PROGRAM
We have audited the City of Monticello, Minnesota's (the City) compliance with the types of compliance
requirements described in the U.S. Office of Management and Budget Compliance Supplement that could
have a direct and material effect on each of the City's major federal programs for the year ended
December 31, 2020. The City's major federal programs are identified in the Summary of Audit Results
section of the accompanying Schedule of Findings and Questioned Costs.
MANAGEMENT'S RESPONSIBILITY
Management is responsible for compliance with federal statutes, regulations, and the terms and conditions
of its federal awards applicable to its federal programs.
AUDITOR'S RESPONSIBILITY
Our responsibility is to express an opinion on compliance for each of the City's major federal programs
based on our audit of the types of compliance requirements referred to above. We conducted our audit of
compliance in accordance with auditing standards generally accepted in the United States of America; the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for
Federal Awards (Uniform Guidance). Those standards and the Uniform Guidance require that we plan
and perform the audit to obtain reasonable assurance about whether noncompliance with the types of
compliance requirements referred to above that could have a direct and material effect on a major federal
program occurred. An audit includes examining, on a test basis, evidence about the City's compliance
with those requirements and performing such other procedures as we considered necessary in the
circumstances.
We believe that our audit provides a reasonable basis for our opinion on compliance for each major
federal program. However, our audit does not provide a legal determination of the City's compliance.
(continued)
-4-
OPINION ON EACH MAJOR FEDERAL PROGRAM
In our opinion, the City complied, in all material respects, with the types of compliance requirements
referred to on the previous page that could have a direct and material effect on each of its major federal
programs for the year ended December 31, 2020.
REPORT ON INTERNAL CONTROL OVER COMPLIANCE
Management of the City is responsible for establishing and maintaining effective internal control over
compliance with the types of compliance requirements referred to on the previous page. In planning and
performing our audit of compliance, we considered the City's internal control over compliance with the
types of requirements that could have a direct and material effect on each major federal program to
determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing
an opinion on compliance for each major federal program, and to test and report on internal control over
compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion
on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on
the effectiveness of the City's internal control over compliance.
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a
federal program on a timely basis. A material weakness in internal control over compliance is a
deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a
reasonable possibility that material noncompliance with a type of compliance requirement of a federal
program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in
internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over
compliance with a type of compliance requirement of a federal program that is less severe than a material
weakness in internal control over compliance, yet important enough to merit attention by those charged
with governance.
Our consideration of internal control over compliance was for the limited purpose described in the
first paragraph of this section and was not designed to identify all deficiencies in internal control over
compliance that might be material weaknesses or significant deficiencies. We did not identify any
deficiencies in internal control over compliance that we consider to be material weaknesses. However,
material weaknesses may exist that have not been identified.
PURPOSE OF THIS REPORT
The purpose of this report on internal control over compliance is solely to describe the scope of our
testing of internal control over compliance and the results of that testing based on the requirements of the
Uniform Guidance. Accordingly, this report is not suitable for any other purpose.
(continued)
Irbil
REPORT ON SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS REQUIRED BY THE UNIFORM
GUIDANCE
We have audited the financial statements of the governmental activities, the business -type activities, each
major fund, and the aggregate remaining fund information of the City as of and for the year ended
December 31, 2020, and the related notes to the financial statements, which collectively comprise the
City's basic financial statements. We issued our report thereon dated May 14, 2021, which contained
unmodified opinions on those financial statements. Our audit was conducted for the purpose of forming
opinions on the financial statements that collectively comprise the basic financial statements. The
accompanying Schedule of Expenditures of Federal Awards is presented for purposes of additional
analysis as required by the Uniform Guidance and is not a required part of the basic financial statements.
Such information is the responsibility of management and was derived from and relates directly to the
underlying accounting and other records used to prepare the basic financial statements. The information
has been subjected to the auditing procedures applied in the audit of the financial statements and certain
additional procedures, including comparing and reconciling such information directly to the underlying
accounting and other records used to prepare the basic financial statements or to the basic financial
statements themselves, and other additional procedures in accordance with auditing standards generally
accepted in the United States of America. In our opinion, the Schedule of Expenditures of Federal Awards
is fairly stated, in all material respects, in relation to the basic financial statements as a whole.
Minneapolis, Minnesota
May 14, 2021
-6-
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INDEPENDENT AUDITOR'S REPORT
ON MINNESOTA LEGAL COMPLIANCE
To the City Council and Management
City of Monticello, Minnesota
We have audited, in accordance with auditing standards generally accepted in the United States of
America, and the standards applicable to financial audits contained in Government Auditing Standards,
issued by the Comptroller General of the United States, the financial statements of the governmental
activities, the business -type activities, each major fund, and the aggregate remaining fund information of
the City of Monticello, Minnesota (the City) as of and for the year ended December 31, 2020, and the
related notes to the financial statements, which collectively comprise the City's basic financial statements,
and have issued our report thereon dated May 14, 2021.
MINNESOTA LEGAL COMPLIANCE
In connection with our audit, nothing came to our attention that caused us to believe that the City failed to
comply with the provisions of the contracting and bidding, deposits and investments, conflicts of interest,
public indebtedness, claims and disbursements, miscellaneous provisions, and tax increment financing
sections of the Minnesota Legal Compliance Audit Guide for Cities, promulgated by the State Auditor
pursuant to Minnesota Statutes § 6.65, insofar as they relate to accounting matters. However, our audit
was not directed primarily toward obtaining knowledge of such noncompliance. Accordingly, had we
performed additional procedures, other matters may have come to our attention regarding the City's
noncompliance with the above referenced provisions, insofar as they relate to accounting matters.
PURPOSE OF THIS REPORT
The purpose of this report is solely to describe the scope of our testing of compliance and the results of
that testing, and not to provide an opinion on compliance. Accordingly, this report is not suitable for any
other purpose.
Minneapolis, Minnesota
May 14, 2021
-7-
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CITY OF MONTICELLO
Schedule of Findings and Questioned Costs
December 31, 2020
A. SUMMARY OF AUDIT RESULTS
This summary is formatted to provide federal granting agencies and pass-through agencies answers to
specific questions regarding the audit of federal awards.
Financial Statements
What type of auditor's report is issued? X Unmodified
Qualified
Adverse
Disclaimer
Internal control over financial reporting:
Material weakness(es) identified?
Significant deficiency(ies) identified?
Noncompliance material to the financial statements noted?
Federal Awards
Internal controls over major federal award programs:
Material weakness(es) identified?
Significant deficiency(ies) identified?
Type of auditor's report issued on compliance for major programs?
U.S. Department of Treasury — COVID-19 — Coronavirus Relief Fund
Any audit findings disclosed that are required to be reported
in accordance with 2 CFR 200.516(a)?
Programs tested as major programs:
Program or Cluster
U.S. Department of Treasury — COVID-19 — Coronavirus Relief Fund
Threshold for distinguishing between type A and B programs:
Does the auditee qualify as a low-risk auditee?
531
Yes X No
Yes X None reported
Yes X No
Yes X No
Yes X None reported
Unmodified
Yes X No
CFDA No.
21.019
$ 750,000
Yes X No
CITY OF MONTICELLO
Schedule of Findings and Questioned Costs (continued)
December 31, 2020
B. FINANCIAL STATEMENT FINDINGS
None.
C. FEDERAL AWARD FINDINGS AND QUESTIONED COSTS
None.
D. MINNESOTA LEGAL COMPLIANCE FINDINGS
None.
10
Management Report
for
City of Monticello, Minnesota
December 31, 2020
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M 6KR
CERTIFIED PUBLIC
ACCOUNTANTS
To the City Council and Management
City of Monticello, Minnesota
PRINCIPALS
Thomas A. Karnowski, CPA
Paul A. Radosevich, CPA
William J. Lauer, CPA
James H. Eichten, CPA
Aaron J. Nielsen, CPA
Victoria L. Holinka, CPA/CMA
Jaclyn M. Huegel, CPA
Kalen T. Karnowski, CPA
We have prepared this management report in conjunction with our audit of the City of Monticello,
Minnesota's (the City) financial statements for the year ended December 31, 2020. We have organized
this report into the following sections:
• Audit Summary
• Governmental Funds Overview
• Enterprise Funds Overview
• Government -Wide Financial Statements
• Legislative Updates
• Accounting and Auditing Updates
We would be pleased to further discuss any of the information contained in this report or any other
concerns that you would like us to address. We would also like to express our thanks for the courtesy and
assistance extended to us during the course of our audit.
The purpose of this report is solely to provide those charged with governance of the City, management,
and those who have responsibility for oversight of the financial reporting process comments resulting
from our audit process and information relevant to city finances in Minnesota. Accordingly, this report is
not suitable for any other purpose.
Minneapolis, Minnesota
May 14, 2021
Malloy, Montague, Karnowski, Radosevich & Co., P.A.
5353 Wayzata Boulevard • Suite 410 • Minneapolis, MN 55416 • Phone: 952-545-0424 • Fax: 952-545-0569 • www.mmkr.com
THIS PAGE INTENTIONALLY LEFT BLANK
AUDIT SUMMARY
The following is a summary of our audit work, key conclusions, and other information that we consider
important or that is required to be communicated to the City Council, administration, or those charged
with governance of the City.
OUR RESPONSIBILITY UNDER AUDITING STANDARDS GENERALLY ACCEPTED IN THE UNITED
STATES OF AMERICA, GOVERNMENT AUDITING STANDARDS AND TITLE 2 U.S. CODE OF FEDERAL
REGULATIONS PART 200, UNIFORM ADMINISTRA TIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT
REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE)
We have audited the financial statements of the governmental activities, the business -type activities, each
major fund, and the aggregate remaining fund information of the City as of and for the year ended
December 31, 2020. Professional standards require that we provide you with information about our
responsibilities under auditing standards generally accepted in the United States of America, Government
Auditing Standards, and the Uniform Guidance, as well as certain information related to the planned
scope and timing of our audit. We have communicated such information to you verbally and in our audit
engagement letter. Professional standards also require that we communicate the following information
related to our audit.
PLANNED SCOPE AND TIMING OF THE AUDIT
We performed the audit according to the planned scope and timing previously discussed and coordinated
in order to obtain sufficient audit evidence and complete an effective audit.
AUDIT OPINION AND FINDINGS
Based on our audit of the City's financial statements for the year ended December 31, 2020:
• We have issued an unmodified opinion on the City's basic financial statements.
• We reported no deficiencies in the City's internal control over financial reporting that we
considered to be material weaknesses.
• The results of our testing disclosed no instances of noncompliance required to be reported under
Government Auditing Standards.
• We reported that the Schedule of Expenditures of Federal Awards is fairly stated, in all material
respects, in relation to the basic financial statements.
• The results of our tests indicate that the City has complied, in all material respects, with the types
of compliance requirements that could have a direct and material effect on each of its major
federal programs.
• We reported no deficiencies in the City's internal controls over compliance that we considered to
be material weaknesses with the types of compliance requirements that could have a direct and
material effect on each of its major federal programs.
• We reported no findings based on our testing of the City's compliance with Minnesota laws and
regulations.
-1-
OTHER OBSERVATIONS AND RECOMMENDATIONS
Electronic Funds Transfers Fraud
As the use of electronic funds transfers and payment methods has become more prevalent, we have seen
increases in both the incidences of fraud related to these transactions and the dollar amounts involved.
Operational changes related to the COVID-19 pandemic, including greater reliance on technology and
more employees working remotely, have tended to increase risk in this area. We urge cities to carefully
review controls over these transactions, and consider best practices to address these risks, such as:
• Ensuring segregation of duties over these transactions by involving more than one employee in
the process.
• Requiring multi -factor authentication of requests for electronic payments from new vendors or for
changes in wiring instructions for existing vendors. It is recommended that changes for existing
vendors be verified through trusted contact information used previously for that vendor, not as
provided in the change request, to verify the accuracy of the change.
• Educate employees on the controls in place to protect the organization's financial assets and
ensure management is supportive and accepting of the processes in place. Attempted fraudulent
transactions are often initiated using the profile of a supervisor. Employees must be comfortable
questioning unusual transactions or requests, and instructed not to circumvent internal control
procedures regardless of whom they believe initiated the transaction.
• Recommended cyber security measures, such as limiting network access and requiring robust
passwords that are changed regularly, should be implemented and followed by all city employees,
not just those directly involved with financial transactions.
• Review insurance policies to understand the coverage provided for financial losses due to
cybersecurity risks and evaluate whether they provide adequate coverage based on management's
assessment of these risks.
Uniform Guidance Written Controls and Micro -Purchase Threshold
Federal Uniform Guidance requires that nonfederal entities must have and use documented procurement
procedures consistent with 2CFR § 200.317-320 for the acquisition of property or services required under
a federal award or subaward. Effective August 31, 2020, the federal micro -purchase threshold, which is
the threshold that allows for procurements without soliciting competitive price or rate quotations given
certain conditions, was increased from $3,500 to $10,000 in the Federal Acquisition Regulations (FAR).
Effective November 12, 2020, the Uniform Guidance was also revised to allow nonfederal entities to
establish a micro -purchase threshold higher than the $10,000 threshold established in the FAR under
certain circumstances. The nonfederal entity may self -certify a micro -purchase threshold up to $50,000 if
the requirements in 2CFR § 200.320(a)(1)(iv) are followed. Requirements include an annual
self -certification and clear documentation of the justification to support the increase in the threshold.
Acceptable reasons for justification must meet one of the following criteria:
• A qualification as a low-risk auditee, in accordance with the criteria in §200.520 for the most
recent audit,
• An annual internal institutional risk assessment to identify, mitigate, and manage financial risks,
or,
• A higher threshold consistent with state law.
This flexibility would allow Minnesota local governments to increase and align their federal procurement
procedures, specifically the micro -purchase threshold, with state law, which allows for procurements
below $25,000 to be made without competitive price or rate quotations.
-2-
We recommend that the City review its current federal procurement policy. If the micro -purchase
threshold in your currently adopted policy is below the allowable FAR limit of $10,000, you would need
to make a one-time amendment to the policy to adopt the $10,000 FAR limit before using it. If you prefer
to increase your federal micro -purchase threshold to $25,000 to align it with state law, in addition to
amending your federal procurement policy, you would need to annually certify the higher threshold and
the justification for using the higher threshold.
SIGNIFICANT ACCOUNTING POLICIES
Management is responsible for the selection and use of appropriate accounting policies. The significant
accounting policies used by the City are described in Note 1 of the notes to basic financial statements. No
new accounting policies were adopted and the application of existing policies was not changed during the
year ended December 31, 2020.
We noted no transactions entered into by the City during the year for which there is a lack of authoritative
guidance or consensus. All significant transactions have been recognized in the financial statements in the
proper period.
ACCOUNTING ESTIMATES AND MANAGEMENT JUDGMENTS
Accounting estimates are an integral part of the financial statements prepared by management and are
based on management's knowledge and experience about past and current events and assumptions about
future events. Certain accounting estimates are particularly sensitive because of their significance to the
financial statements and because of the possibility that future events affecting them may differ
significantly from those expected. The most sensitive estimates affecting the financial statements were:
• Depreciation — Management's estimates of depreciation expense are based on the estimated
useful lives of the assets.
Other Post -Employment Benefit (OPEB) and Pension Liabilities — The City has recorded
liabilities and activity for pension benefits and OPEB. These obligations are calculated using
actuarial methodologies described in Governmental Accounting Standards Board Statement
Nos. 68 and 75. These actuarial calculations include significant assumptions, including projected
changes, healthcare insurance costs, investment returns, retirement ages, proportionate share, and
employee turnover.
Land Held for Resale — These assets are stated at the lower of cost or acquisition value based on
management's estimates.
Compensated Absences — Management's estimate is based on current rates of pay, and vacation,
sick, paid time off, and compensation time balances.
We evaluated the key factors and assumptions used by management to develop these estimates in
determining that they are reasonable in relation to the basic financial statements taken as a whole.
Certain financial statement disclosures are particularly sensitive because of their significance to financial
statement users. The disclosures included in the notes to the basic financial statements related to OPEB
and pension benefits are particularly sensitive, due to the materiality of the liabilities, and the large and
complex estimates involved in determining the disclosures.
The financial statement disclosures are neutral, consistent, and clear.
DIFFICULTIES ENCOUNTERED IN PERFORMING THE AUDIT
We encountered no significant difficulties in dealing with management in performing and completing our
audit.
S11
CORRECTED AND UNCORRECTED MISSTATEMENTS
Professional standards require us to accumulate all known and likely misstatements identified during the
audit, other than those that are clearly trivial, and communicate them to the appropriate level of
management. There were no misstatements detected as a result of audit procedures that were material,
either individually or in the aggregate, to each opinion unit's financial statements taken as a whole.
DISAGREEMENTS WITH MANAGEMENT
For purposes of this report, a disagreement with management is a financial accounting, reporting, or
auditing matter, whether or not resolved to our satisfaction, that could be significant to the financial
statements or the auditor's report. We are pleased to report that no such disagreements arose during the
course of our audit.
MANAGEMENT REPRESENTATIONS
We have requested certain representations from management that are included in the management
representation letter dated May 14, 2021.
MANAGEMENT CONSULTATIONS WITH OTHER INDEPENDENT ACCOUNTANTS
In some cases, management may decide to consult with other accountants about auditing and accounting
matters, similar to obtaining a "second opinion" on certain situations. If a consultation involves
application of an accounting principle to the City's financial statements or a determination of the type of
auditor's opinion that may be expressed on those statements, our professional standards require the
consulting accountant to check with us to determine that the consultant has all the relevant facts. To our
knowledge, there were no such consultations with other accountants.
OTHER AUDIT FINDINGS OR ISSUES
We generally discuss a variety of matters, including the application of accounting principles and auditing
standards, with management each year prior to retention as the City's auditors. However, these
discussions occurred in the normal course of our professional relationship and our responses were not a
condition to our retention.
OTHER MATTERS
We applied certain limited procedures to the management's discussion and analysis (MD&A), the
budgetary comparison schedules, and the pension and OPEB-related required supplementary information
(RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of
management regarding the methods of preparing the information and comparing the information for
consistency with management's responses to our inquiries, the basic financial statements, and other
knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and
do not express an opinion or provide any assurance on the RSI.
We were engaged to report on the combining and individual fund statements and schedules, reported as
supplemental information accompanying the financial statements, and the separately issued Schedule of
Expenditures of Federal Awards, which are not RSI. With respect to this supplementary information, we
made certain inquiries of management and evaluated the form, content, and methods of preparing the
information to determine that the information complies with accounting principles generally accepted in
the United States of America, the method of preparing it has not changed from the prior period, and the
information is appropriate and complete in relation to our audit of the financial statements. We compared
and reconciled the supplementary information to the underlying accounting records used to prepare the
financial statements or to the financial statements themselves.
We were not engaged to report on the introductory and statistical sections, which accompany the financial
statements, but are not RSI. Such information has not been subjected to the auditing procedures applied in
the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any
assurance on it.
-4-
GOVERNMENTAL FUNDS OVERVIEW
This section of the report provides you with an overview of the financial trends and activities of the City's
governmental funds, which include the General, special revenue, debt service, and capital project funds.
These funds are used to account for the basic services the City provides to all of its citizens, which are
financed primarily with property taxes. The governmental fund information in the City's financial
statements focuses on budgetary compliance, and the sufficiency of each governmental fund's current
assets to finance its current liabilities.
PROPERTY TAXES
Minnesota cities rely heavily on local property tax levies to support their governmental fund activities.
For the 2019 fiscal year, local ad valorem property tax levies provided 40.8 percent of the total
governmental fund revenues for cities over 2,500 in population, and 37.6 percent for cities under 2,500 in
population. Total property taxes levied by all Minnesota cities for taxes payable in 2020 increased
6.1 percent from the prior year.
The total tax capacity value of property in Minnesota cities increased about 6.5 percent for the 2020 levy
year. The tax capacity values used for levying property taxes are based on the assessed market values for
the previous fiscal year (e.g., tax capacity values for taxes levied in 2020 were based on assessed market
values as of January 1, 2019), so the trend of change in these tax capacity values lags somewhat behind
the housing market and economy in general.
The City's taxable market value increased 4.1 percent for taxes payable in 2019 and 3.9 percent for taxes
payable in 2020. The following graph shows the City's changes in taxable market value over the past
10 years:
$2,200,000,000
$2,000,000,000
$1,800,000,000
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,000,000,000
$800,000,000
$600,000,000
$400,000,000
$200,000,000
Total Market Value
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
-5-
Tax capacity is considered the actual base available for taxation. It is calculated by applying the state's
property classification system to each property's market value. Each property classification, such as
commercial or residential, has a different calculation and uses different rates. Consequently, a city's total
tax capacity will change at a different rate than its total market value, as tax capacity is affected by the
proportion of its tax base that is in each property classification from year-to-year, as well as legislative
changes to tax rates. The City's tax capacity increased 2.8 percent and 3.9 percent for taxes payable in
2019 and 2020, respectively.
The following graph shows the City's change in tax capacities over the past 10 years:
Net Tax Capacity
$35,000,000
$30,000,000
$25,000,000
$20,000,000
$15,000,000
$10,000,000
$5,000,000
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
The following table presents the average tax rates applied to city residents for each of the last three levy
years:
Rates Expressed as a Percentage of Net Tax Capacity
City of Monticello
2018
2019
2020
Average tax rate
City
32.3
34.3
35.0
County
40.0
44.2
44.4
School
15.6
17.0
15.8
Special taxing
1.1
1.2
1.2
Total
89.0
96.7
96.4
IRS
GOVERNMENTAL FUND BALANCES
The following table summarizes the changes in the fund balances of the City's governmental funds during
the year ended December 31, 2020, presented both by fund balance classification and by major fund:
Governmental Fund Changes in Fund Balance
Fund balances of governmental funds
Total by classification
Nonspendable
Restricted
Assigned
Unassigned
Total governmental funds
Fund Balance
as of December 31,
2019 2020
Change
$ 207,167 $ 173,203 $ (33,964)
7,567,522 5,008,177 (2,559,345)
21,227,605 24,358,352 3,130,747
6,542,111 6,494,632 (47,479)
$ 35,544,405 $ 36,034,364 $ 489,959
Total by fund
Major funds
General
$ 6,677,250
$ 6,640,235
$ (37,015)
Community Center
239,482
52,357
(187,125)
Economic Development Authority
7,313,264
6,518,705
(794,559)
Debt Service
1,821,561
1,304,532
(517,029)
Capital Projects
15,200,401
17,157,596
1,957,195
Nonmajor funds
4,292,447
4,360,939
68,492
Total governmental funds
$ 35,544,405 $ 36,034,364 $ 489,959
In total, the fund balances of the City's governmental funds increased by $489,959 during the year ended
December 31, 2020. The majority of the increase was related to proceeds from the 2020A $2,155,000
general obligation bond issuance used to finance capital project costs.
The increase in the assigned balance was mostly due to an increase in the Capital Projects Fund related to
transfers from the Water and Sewage Enterprise Funds for future capital projects.
ere
GOVERNMENTAL FUNDS REVENUE AND EXPENDITURES
The following table presents the per capita revenue of the City's governmental funds for the past
three years, along with state-wide averages.
We have included the most recent comparative state-wide averages available from the Office of the State
Auditor to provide a benchmark for interpreting the City's data. The amounts received from the typical
major sources of governmental fund revenue will naturally vary between cities based on factors such as a
city's stage of development, location, size and density of its population, property values, services it
provides, and other attributes. It will also differ from year-to-year, due to the effect of inflation and
changes in its operation. Also, certain data in these tables may be classified differently than how they
appear in the City's financial statements in order to be more comparable to the state-wide information,
particularly in separating capital expenditures from current expenditures.
We have designed this section of our management report using per capita data in order to better identify
unique or unusual trends and activities of the City. We intend for this type of comparative and trend
information to complement, rather than duplicate, information in the MD&A. An inherent difficulty in
presenting per capita information is the accuracy of the population count, which for most years is based
on estimates.
The City's per capita governmental funds revenue for 2020 was $1,259, a decrease of about 0.4 percent
from the prior year. Property taxes increased $29 per capita, due to an increase in the certified levy.
Intergovernmental revenues increased $54 per capita from revenue related to the City's portion of
coronavirus relief funds (CRF). Charges for services decreased $61 per capita, mainly from decreased
charges at the community center, due to the COVID-19 pandemic and the related temporary closure of
this facility. Other revenues decreased by $16 per capita, mainly due to a reduction in investment
earnings.
Governmental Funds Revenue per Capita
With State -Wide Averages by Population Class
State -Wide
City
of Monticello
Year
December 31, 2019
2018
2019
2020
Population
2,500-10,000
10,000-20,000
20,000-100,000
13,553
13,782
13,886
Property taxes
$ 514
$ 489
$ 512
$ 735
$ 753
$ 782
Tax increments
30
28
44
47
49
51
Franchise fees and other taxes
45
50
50
29
31
30
Special assessments
54
38
53
52
52
46
Licenses and permits
40
35
51
37
44
38
Intergovernmentalrevenues
342
297
201
67
65
119
Charges for services
135
108
115
155
167
106
Other
89
78
79
52
103
87
Total revenue
$ 1,249
$ 1,123
$ 1,105
$ 1,174
$ 1,264
$ 1,259
The City's per capita governmental funds revenue for 2020 was $1,259, a decrease of about 0.4 percent
from the prior year. Property taxes increased $29 per capita, due to an increase in the certified levy.
Intergovernmental revenues increased $54 per capita from revenue related to the City's portion of
coronavirus relief funds (CRF). Charges for services decreased $61 per capita, mainly from decreased
charges at the community center, due to the COVID-19 pandemic and the related temporary closure of
this facility. Other revenues decreased by $16 per capita, mainly due to a reduction in investment
earnings.
The expenditures of governmental funds will also vary from state-wide averages and from year-to-year,
based on the City's circumstances. Expenditures are classified into three types as follows:
• Current — These are typically the general operating type expenditures occurring on an annual
basis, and are primarily funded by general sources, such as taxes and intergovernmental revenues.
• Capital Outlay and Construction — These expenditures do not occur on a consistent basis, more
typically fluctuating significantly from year-to-year. Many of these expenditures are
project -oriented, and are often funded by specific sources that have benefited from the
expenditure, such as special assessment improvement projects.
• Debt Service — Although the expenditures for debt service may be relatively consistent over the
term of the respective debt, the funding source is the important factor. Some debt may be repaid
through specific sources, such as special assessments or redevelopment funding, while other debt
may be repaid with general property taxes.
The City's expenditures per capita of its governmental funds for the past three years, together with
comparative state-wide averages, are presented in the following table:
Total expenditures in the City's governmental funds for 2020 were $21,134,218, a decrease of $1,675,627
(7.3 percent), or $134 per capita, from the prior year. There was a decrease in street maintenance and
lighting of $37 per capita, due to less projects being completed in the current year, due to the impact of
the COVID-19 pandemic. All other expenditures had an increase of $30 per capita, due to an increase in
land purchases by the Economic Development Authority.
The City's per capita expenditures for capital outlay and construction decreased significantly from the
prior year and will vary on a yearly basis, depending on current and ongoing capital projects.
10
Governmental Funds Expenditures per Capita
With State -Wide Averages by Population Class
State -Wide
City
of Monticello
Year
December 31, 2019
2018
2019
2020
Population
2,500-10,000
10,000-20,000
20,000-100,000
13,553
13,782
13,886
Current
General government
$ 152
$ 128
$ 107
$ 122
$ 129
$ 156
Public safety
300
282
306
174
177
197
Street maintenance and
lighting
146
149
119
153
174
137
Recreation and culture
103
124
106
224
228
237
All other
74
75
97
136
108
138
775
758
735
809
816
865
Capital outlay
and construction
438
376
355
716
576
354
Debt service
Principal
168
182
88
169
207
244
Interest and fiscal charges
43
41
28
45
56
58
211
223
116
214
263
302
Total expenditures
$ 1,424
$ 1,357
$ 1,206
$ 1,739
$ 1,655
$ 1,521
Total expenditures in the City's governmental funds for 2020 were $21,134,218, a decrease of $1,675,627
(7.3 percent), or $134 per capita, from the prior year. There was a decrease in street maintenance and
lighting of $37 per capita, due to less projects being completed in the current year, due to the impact of
the COVID-19 pandemic. All other expenditures had an increase of $30 per capita, due to an increase in
land purchases by the Economic Development Authority.
The City's per capita expenditures for capital outlay and construction decreased significantly from the
prior year and will vary on a yearly basis, depending on current and ongoing capital projects.
10
GENERAL FUND
The City's General Fund accounts for the financial activity of the basic services provided to the
community. The primary services included within this fund are the administration of the municipal
operation, police and fire protection, building inspection, streets and highway maintenance, and parks and
recreation. The graph below illustrates the change in the General Fund financial position over the last
five years. We have also included a line representing annual expenditures to reflect the change in the size
of the General Fund operation over the same period.
General Fund Financial Position
Year Ended December 31,
$10,000,000
$9,000,000
$8,000,000
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$—
2016
2017
2018
2019
2020
Fund Balance
$6,276,720
$7,029,093
$7,109,478
$6,677,250
$6,640,235
O Cash Balance
$7,091,381
$8,130,998
$7,513,518
$7,189,488
$7,233,133
Expenditures
$6,992,812
$7,442,697
$7,924,408
$8,269,524
$8,827,074
The total fund balance of the City's General Fund decreased $37,015 in 2020, as compared to no change
in fund balance projected in the final budget. The decrease in the General Fund balance is mainly due to
transfers out during the year totaling $1,000,000 for capital projects and equipment -related funding.
As the graph illustrates, the City has generally been able to maintain healthy cash and fund balance levels
as the volume of financial activity has grown. This is an important factor because a government, like any
organization, requires a certain amount of equity to operate. A healthy financial position allows the City
to avoid volatility in tax rates; helps minimize the impact of state funding changes; allows for the
adequate and consistent funding of services, repairs, and unexpected costs; and is a factor in determining
the City's bond rating and resulting interest costs. Maintaining an adequate fund balance has become
increasingly important given the fluctuations in state funding for cities in recent years.
A trend that is typical to Minnesota local governments, especially the General Fund of cities, is the
unusual cash flow experienced throughout the year. The City's General Fund cash disbursements are
made fairly evenly during the year, other than the impact of seasonal services, such as snowplowing,
street maintenance, and park activities. Cash receipts of the General Fund are quite a different story.
Property taxes comprise about 69 percent of the fund's total annual revenue. Approximately half of these
revenues are received by the City in June and the rest in December. Consequently, the City needs to have
adequate cash reserves to finance its everyday operations between these payments.
The City's unassigned General Fund balance at the end of the 2020 fiscal year represents approximately
73.6 percent of the City's annual General Fund expenditures, based on 2020 expenditure levels. The
City's adopted fund balance policy requires that the City set aside fund balance to represent
60-75 percent of the subsequent years budgeted expenditures for working capital and contingencies.
I[12
The following graph reflects the City's General Fund revenue sources for 2020 compared to budget:
Property Taxes
Licenses and Permits
Intergovernmental
Charges for Services
General Fund Revenue
Budget and Actual
& & & ," & & &
S I I .� .� �' �' Q Q S S 6 6
Op 00 SO 00 SO 00 r0 00 r0 00 r0 00 r0 00
O 00 00 00 00 00 00 00 00 00 00 00 00 00
■ Budget ■ Actual
Total General Fund revenues for 2020 were $9,790,059, which was $887,059 (10.0 percent) over the final
budget. As reflected in the graph above, intergovernmental exceeded the budgeted amount by $340,450,
related to the CRF revenues received in the current year that were not included in the budget. Other
revenue exceeded budgeted amounts by $368,869, mainly from revenues from the new solar production
program that were not included in the budget.
The following graph presents the City's General Fund revenues by source for the last five years. The
graph reflects the City's reliance on property taxes and other local sources of revenue.
$7,00
$6,50
$6,00
$5,50
$5,00
$4,50
$4,00
$3,50
$3,00
$2,50
$2,00
$1,50
$1,00
$5
General Fund Revenue by Source
Year Ended December 31,
00
Other
O,OOG
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
,000 An*
Property Taxes Intergovernmental Other
■2016 $6,204,429 $389,005 $1,678,122
■2017 $6,384,444 $429,697 $1,679,204
02018 $6,634,769 $428,443 $1,626,581
02019 $6,689,647 $431,004 $2,112,345
IN20201 $6,797,640 $737,650 $2,254,769
The graph reflects the City's reliance on taxes to finance its General Fund operations.
Overall, General Fund revenues increased $557,063 (6.0 percent) from the previous year. The increase
was mostly in intergovernmental revenues, due to the receipt of the CRF as mentioned above.
-11-
The graph reflects the City's reliance on taxes to finance its General Fund operations.
Overall, General Fund revenues increased $557,063 (6.0 percent) from the previous year. The increase
was mostly in intergovernmental revenues, due to the receipt of the CRF as mentioned above.
-11-
The following graph illustrates the components of General Fund spending for 2020 compared to budget:
General Government
Public Safety
Public Works
Recreation and Culture
Other
General Fund Expenditures
Budget and Actual
T� 5r T6. T& Tj TI Tj I 8I T� 8? T2 8? T�
000 000 000,
000 000 -,? V 00 . -600 -&00 -orb -2°0 'AU ,6� -CP
00
00 00 00 00 ,000 -000 ,000 -000 -000 -000 -000 -0%%%
DSO '000 ,000
■ Budget ■ Actual
Total General Fund expenditures for 2020 were $8,827,074, which was $75,926 (0.9 percent) under
budget. The public works area was under budget by $408,188, mainly due to streets and alley projects
being delayed, due to the COVID-19 pandemic. General government expenditures were over budget by
$280,342, mainly from costs related to the new solar production program not included in the budget.
Public safety expenditures were over budget by $107,946, mainly related to CRF -related spending, which
was not included in the budget.
The following graph presents the City's General Fund expenditures by function for the last five years:
$3,000,000
$2,75
$2,50
$2,25
$2,00
$1,75
$1,50
$1,25
$1,00
$75
$500
$25
General Fund Expenditures by Function
Year Ended December 31,
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
0,000
,000
0,000
$—
General
Governmental
Public Safety
Public Works
Recreation and
Culture
Other
02016
$1,489,892
$2,036,777
$1,802,884
$1,021,709
$641,550
■2017
$1,617,680
$2,178,728
$1,904,391
$1,124,379
$617,519
02018
$1,656,557
$2,354,453
$2,079,091
$1,200,388
$633,919
02019
$1,777,352
$2,449,765
$2,222,034
$1,209,429
$610,944
02020
$2,170,661
$2,743,954
$1,899,315
$1,331,196
$681,948
Overall, General Fund expenditures increased $557,550 (6.7 percent) from the prior year. The increase in
General Fund expenditures in 2020 was mostly changed in general governmental, due to an increase in
the solar production program and public safety related to the CRF -related spending.
-12-
ENTERPRISE FUNDS OVERVIEW
The City maintains several enterprise funds to account for services the City provides that are financed
primarily through fees charged to those utilizing the service. This section of the report provides you with
an overview of the financial trends and activities of the City's enterprise funds, which include the
Water Utility, Sewage Utility, Stormwater, Liquor Operations, Fiber Optics, and Deputy Registrar Funds.
ENTERPRISE FUNDS FINANCIAL POSITION
The following table summarizes the changes in the financial position of the City's enterprise funds during
the year ended December 31, 2020, presented both by classification and by fund:
Enterprise Funds Change in Financial Position
Net position of enterprise funds
Total by classification
Net investment in capital assets
Unrestricted
Total enterprise funds
Total by fund
Water
Sewage
Stormwater
Liquor
Fiber Optics
Deputy Registrar
Total enterprise funds
Net Position
as of December 31,
2019 2020
Change
$ 42,808,003 $ 41,000,179 $ (1,807,824)
14,737,604 17,560,382 2,822,778
$ 57,545,607
$ 58,560,561
$ 1,014,954
$ 13,940,622
$ 13,781,749
$ (158,873)
22,459,035
23,070,466
611,431
6,518,374
6,435,141
(83,233)
522,808
947,741
424,933
12,464,870
12,349,665
(115,205)
1,639,898
1,975,799
335,901
$ 57,545,607 $ 58,560,561 $ 1,014,954
In total, the net position of the City's enterprise funds increased by $1,014,954 during the year ended
December 31, 2020. The decrease in the net investment in capital assets relates to depreciation expense
being more than the payments on the related debt. The increase in unrestricted net position is a result of
positive operations in these funds.
-13-
WATER ENTERPRISE FUND
The following graph presents five years of comparative operating results for the City's Water Enterprise
Fund:
Water Enterprise Fund
Year Ended December 31,
$1,600,000
$1,500,000
$1,400,000
$1,300,000
$1,200,000
$1,100,000
$1,000,000
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
2016
■
2017 2018 2019
2020
� Oper Rev
$1,172,258
$1,415,441
$1,432,194
$1,300,191
$1,541,694
O OperExp
$1,172,236
$1,160,339
$1,238,586
$1,220,145
$1,207,678
OperInc
Before Dep
$502,469
$778,909
$712,808
$603,219
$847,500
The Water Enterprise Fund ended 2020 with a total net position of $13,781,749, a decrease of $158,873
from the prior year. Of this, $8,561,657 represents the net investment in capital assets, leaving
unrestricted net position of $5,220,092.
Operating revenue in the Water Enterprise Fund is $1,541,694, an increase of $241,503, or 18.6 percent,
from the prior year, due mostly to higher consumption. Operating expenses for 2020 were $1,207,678, a
decrease of $12,467, or 1.0 percent.
It is important that this fund continue to have positive operating results so as not to place an additional
burden on other city funds. It is also important that the City continue to monitor water rates so that they
are designed to also provide for future repairs and replacement of the infrastructure assets.
-14-
SEWAGE ENTERPRISE FUND
The following graph presents five years of comparative operating results for the City's Sewage Enterprise
Fund:
The Sewage Enterprise Fund ended 2020 with a total net position of $23,070,466, an increase of
$611,431 from the prior year. Net position consisted of $15,646,791 in net investment in capital assets
and $7,423,675 of unrestricted net position.
Operating revenue in the Sewage Enterprise Fund increased $115,498 (4.7 percent), due to an increase in
rates and an increase in usage. Operating expenses for 2020 increased $64,134 (2.3 percent) from 2019,
spread across multiple categories.
It is important that this fund continue to have positive operating results so as not to place an additional
burden on other city funds. It is also important that the City continue to monitor sewage rates so they are
designed to also provide for future repairs and replacement of infrastructure assets.
-15-
Sewage Enterprise Fund
Year Ended December 31,
$3,000,000
$2,750,000
$2,500,000
$2,250,000
$2,000,000
$1,750,000
$1,500,000
$1,250,000
$1,000,000
$750,000
$500,000
$250,000
$—
2016
2017 2018
2019
2020
� Oper Rev
$2,223,252
$2,472,774 $2,581,833
$2,443,856
$2,559,354
o OperExp
$2,554,310
$2,644,096 $2,857,968
$2,819,825
$2,883,959
OperInc
Before Dep
$811,421
$920,157 $907,405
$847,142
$896,120
The Sewage Enterprise Fund ended 2020 with a total net position of $23,070,466, an increase of
$611,431 from the prior year. Net position consisted of $15,646,791 in net investment in capital assets
and $7,423,675 of unrestricted net position.
Operating revenue in the Sewage Enterprise Fund increased $115,498 (4.7 percent), due to an increase in
rates and an increase in usage. Operating expenses for 2020 increased $64,134 (2.3 percent) from 2019,
spread across multiple categories.
It is important that this fund continue to have positive operating results so as not to place an additional
burden on other city funds. It is also important that the City continue to monitor sewage rates so they are
designed to also provide for future repairs and replacement of infrastructure assets.
-15-
STORMWATER ENTERPRISE FUND
Stormwater Enterprise Fund
Year Ended December 31,
.p I VV,VVV
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
2019 2020
Oper Rev
$61,757 $241,873
O OperExp
$— $658,771
OperInc
Before Dep
$61,757 $103,597
At December 31, 2020, the Stormwater Fund has a net position of $6,435,141. Net position consisted of
$4,955,496 in net investment in capital assets and $1,479,645 of unrestricted net position.
Stormwater Enterprise Fund operating revenues for 2020 were $241,873, while operating expenses for
2020 were $658,771.
Wei
LIQUOR ENTERPRISE FUND
The following graph presents five years of comparative operating results for the Liquor Enterprise Fund:
Liquor Enterprise Fund
Year Ended December 31,
0 /,-'-V
$7,200,000
$6,600,000
$6,000,000
$5,400,000
$4,800,000
$4,200,000
$3,600,000
$3,000,000
$2,400,000
$1,800,000
$1,200,000
$600,000
2016 2017 2018 2019
2020
Sales
$5,448,584
$5,751,197
$6,086,293
$6,374,153
$7,404,955
o Cost of Sales
$4,041,224
$4,230,016
$4,546,747
$4,717,441
$5,502,228
Oper Exp
$836,048
$880,415
$854,218
$866,171
$885,605
�OperInc
$573,358
$644,735
$690,016
$793,845
$1,018,127
The Liquor Enterprise Fund ended 2020 with a net position balance of $947,741, an increase of $424,933
from the prior year. Of the net position balance, $113,658 represents the investment in liquor capital
assets, leaving $834,083 of unrestricted net position.
Liquor sales for 2020 were $7,404,955, an increase of $1,030,802 from last year. The Liquor Enterprise
Fund generated a gross profit of $1,902,727 in 2020, or about 25.7 percent of gross sales, a slight
decrease from 26.0 percent in 2019. Operating expenses for 2020 were $885,605, an increase of $19,434
from last year.
The Liquor Enterprise Fund made a transfer of $660,000 to governmental funds in 2020. The transfer out
was made to finance the Briarwood turn lane at the Bertram Chain of Lakes Regional Park in the Parks
and Pathways Fund, and the roof replacement project and operating shortfalls in the Community Center
Fund.
-17-
FIBER OPTICS ENTERPRISE FUND
The following graph presents five years of comparative operating results for the Fiber Optics Enterprise
Fund:
Fiber Optics Enterprise Fund
Year Ended December 31,
a1,V W,V V V
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$—
$(500,000)
2016
2017
2018
2019
2020
� Oper Rev
$1,739,566
$1,757,134
$1,736,243
$1,795,435
$1,851,845
o Oper Exp
$2,490,920
$2,252,287
$2,276,565
$1,990,525
$2,063,114
— Oper Inc (Loss)
Before Dep
$(331,799)
$(82,234)
$(141,524)
$190,086
$163,355
The Fiber Optics Enterprise Fund ended 2020 with a total net position balance of $12,349,665, a decrease
of $115,205 from the prior year. Of this, $11,655,249 represents the net investment in capital assets,
leaving unrestricted net position of $694,416.
Operating revenue in this fund was $1,851,845, an increase of $56,410, or 3.1 percent, in 2020. Operating
expenses for 2020 were $2,063,114, an increase of $72,589, or 3.6 percent, from last year. The increase is
due to an increase in installation service fees.
IMM
DEPUTY REGISTRAR ENTERPRISE FUND
The following graph presents five years of comparative operating results for the City's Deputy Registrar
Enterprise Fund:
Deputy Registrar Enteprise Fund
Year Ended December 31,
The Deputy Registrar Enterprise Fund ended 2020 with a total net position balance of $1,975,799, an
increase of $335,901. Of this, $67,328 represents net investment in capital assets, leaving unrestricted net
position of $1,908,471.
Deputy Registrar Enterprise Fund operating revenues for 2020 were $801,502, which is $152,353 less
than the previous year, due to a decrease in charges for services and other revenue. The City received
additional funding from the state in the prior year, related to costs for the state of Minnesota for the
software -related transition.
110
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
2016 2017 2018 2019
2020
� Oper Rev
$562,891
$594,777
$694,263
$953,855
$801,502
O Oper Exp
$352,117
$398,054
$429,683
$466,499
$528,732
Oper Inc (Loss)
Before Dep
$213,959
$201,132
$268,985
$495,245
$280,948
The Deputy Registrar Enterprise Fund ended 2020 with a total net position balance of $1,975,799, an
increase of $335,901. Of this, $67,328 represents net investment in capital assets, leaving unrestricted net
position of $1,908,471.
Deputy Registrar Enterprise Fund operating revenues for 2020 were $801,502, which is $152,353 less
than the previous year, due to a decrease in charges for services and other revenue. The City received
additional funding from the state in the prior year, related to costs for the state of Minnesota for the
software -related transition.
110
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GOVERNMENT -WIDE FINANCIAL STATEMENTS
In addition to fund -based information, the current reporting model for governmental entities also requires
the inclusion of two government -wide financial statements designed to present a clear picture of the City
as a single, unified entity. These government -wide financial statements provide information on the total
cost of delivering services, including capital assets and long-term liabilities.
STATEMENT OF NET POSITION
The Statement of Net Position essentially tells you what the City owns and owes at a given point in time,
the last day of the fiscal year. Theoretically, net position represents the resources the City has leftover to
use for providing services after its debts are settled. However, those resources are not always in spendable
form, or there may be restrictions on how some of those resources can be used. Therefore, net position is
divided into three components: net investment in capital assets, restricted, and unrestricted.
The following table presents the components of the City's net position as of December 31, 2020 and
2019, for governmental activities and business -type activities:
Business -type activities
Net investment in capital assets
December 31,
42,808,003
(1,807,824)
Unrestricted
2020
2019
Change
Total business -type activities
58,649,467
Net position
985,824
Total net position
$ 137,599,467
Governmental activities
$ 4,103,543
Net investment in capital assets
$ 40,836,892 $
40,008,410
$ 828,482
Restricted
5,397,034
8,690,172
(3,293,138)
Unrestricted
32,716,074
27,133,699
5,582,375
Total governmental activities
78,950,000
75,832,281
3,117,719
Business -type activities
Net investment in capital assets
41,000,179
42,808,003
(1,807,824)
Unrestricted
17,649,288
14,855,640
2,793,648
Total business -type activities
58,649,467
57,663,643
985,824
Total net position
$ 137,599,467
$ 133,495,924
$ 4,103,543
The City's total net position at December 31, 2020 was $4,103,543 more than the prior year. Of the
increase, $3,117,719 came from governmental activities and $985,824 came from business -type activities.
The overall decrease in net investment in capital assets was due to capital asset disposals and depreciation
exceeding capital asset acquisitions, less the amount of debt borrowed to acquire assets.
At the end of the current fiscal year, the City is able to present positive balances in all three categories of
net position, both for the government as a whole, as well as for its separate governmental and
business -type activities. The same situation held true for the prior year.
II!
STATEMENT OF ACTIVITIES
The Statement of Activities tracks the City's yearly revenues and expenses, as well as any other
transactions that increase or reduce total net position. These amounts represent the full cost of providing
services. The Statement of Activities provides a more comprehensive measure than just the amount of
cash that changed hands, as reflected in the fund -based financial statements. This statement includes the
cost of supplies used, depreciation of long-lived capital assets, and other accrual -based expenses.
The following table presents the change in the net position of the City for the years ended December 31,
2020 and 2019:
Net (expense) revenue
Governmental activities
General government
Public safety
Public works
Sanitation
Recreation and culture
Economic development
Interest and fiscal charges
Business -type activities
Water
Sewage
Stormwater
Liquor
Fiber Optics
Deputy Registrar
Total net (expense) revenue
2020 2019
Program
Expenses Revenues Net Change Net Change
2,335,614 $ 543,204 $ (1,792,410) $ (1,655,175)
2,658,246
1,019,473
(1,638,773)
(1,271,953)
4,777,282
1,649,507
(3,127,775)
(4,208,965)
681,948
543,032
(138,916)
(209,871)
3,289,716
652,729
(2,636,987)
(2,034,485)
1,914,825
10,915
(1,903,910)
(858,835)
756,546
—
(756,546)
(752,595)
1,212,656
1,851,849
639,193
510,581
2,960,153
3,435,014
474,861
773,705
658,771
544,397
(114,374)
61,757
6,395,558
7,405,960
1,010,402
799,976
2,063,712
1,851,845
(211,867)
(194,617)
538,625
801,502
262,877
495,160
$ 30,243,652 $ 20,309,427 (9,934,225) (8,545,317)
General revenues
Property taxes and tax increments 11,582,137 11,055,639
Franchise taxes 418,030 432,934
Unrestricted grants and contributions 1,038,338 —
Investment earnings 999,263 1,451,336
Total general revenues 14,037,768 12,939,909
Change in net position
$ 4,103,543 $ 4,394,592
One of the goals of this statement is to provide a side-by-side comparison to illustrate the difference in the
way the City's governmental and business -type operations are financed. The table clearly illustrates the
dependence of the City's governmental operations on general revenues, such as property taxes and
unrestricted grants. It also shows that the City's business -type activities are, for the most part, generating
sufficient program revenues (service charges and program -specific grants) to cover expenses. This is
critical given the current downward pressures on the general revenue sources.
-21-
LEGISLATIVE UPDATES
The 2020 legislative session, coming in the second half of the state's fiscal biennium, was expected to be
a typical short session focused primarily on making relatively minor modifications to the biennial budget.
Given a projected budget surplus of $1.5 billion going into the session, consideration of a substantial
capital investment and bonding bill was also a potential focus.
The start of the legislative session in February was followed by a series of significant events that changed
the course of the session, including a world-wide health pandemic, the death of George Floyd while in
police custody and the ensuing protests and unrest, and a hotly contested national election. On March 13,
2020, the Governor issued an executive order declaring a peacetime emergency, giving his administration
the ability to quickly impose restrictions and measures aimed at mitigating the COVID-19 outbreak. By
early May, the state's budget outlook had changed from a robust surplus to a projected deficit of
$2.4 billion. The legislative session ultimately encompassed an unprecedented seven special sessions,
more than double the previous state record of three, with the final special session in mid-December.
In the end, a $1.87 billion omnibus bonding bill was passed that included $1.36 billion in general
obligation state bonding for capital improvements, $31.0 million in supplemental General Fund budget
spending, and provisions for tax relief and economic assistance. The session also yielded a new Police
Accountability Act, and a $217.0 million economic relief package to help businesses negatively impacted
by the pandemic. The following is a brief summary of legislative changes from the 2020 session or
previous legislative sessions potentially impacting Minnesota cities.
Coronavirus Aid, Relief, and Economic Security (CARES) Act — The CARES Act provided federal
economic relief to protect the American people from the public health and economic impacts of
COVID-19. Minnesota received approximately $2.2 billion in funding under the CARES Act.
When the first legislative special session ended without an agreement on the distribution of approximately
$841.5 million of federal Coronavirus Relief Fund (CRF) funding earmarked for Minnesota local
governments, the Governor distributed the funds by executive order based on the framework of the
legislative agreement debated during the first special session. This resulted in $350.4 million being
distributed directly to Minnesota cities with populations equal to or greater than 200. The funds were
authorized for use for unbudgeted costs related to the COVID-19 pandemic, but not to replace lost
revenues. In accordance with CARES Act provisions, the CRF funding was available to cover costs that;
1) were necessary expenditures incurred due to the public health emergency related to COVID-19;
2) were not accounted for in the entity's budget most recently approved as of March 27, 2020; and
3) were incurred during the period from March 1, 2020 through December 31, 2020 (the availability
period end date was revised by the state to November 15, 2020 for Minnesota cities).
Emergency Small Business Assistance Program — The Legislature created a program to appropriate
$60.0 million of federal CRF funding to make grants available through the Minnesota Department of
Employment and Economic Development for eligible small businesses impacted by COVID-19. Small
businesses employing up to 50 full-time employees are eligible to receive grants of up to $10,000. The
allocation is split between the metro area and greater Minnesota, with specific allocations for businesses
owned by minorities, veterans, and women. $18.0 million of the allocation is earmarked for businesses
with 6 or less employees.
Workers' Compensation Claims — COVID-19 Presumption — The Legislature adopted several new
provisions to state unemployment statutes related to COVID-19, including a presumption that an
employee who contracts COVID-19 has an "occupational disease" arising out of, and in the course of,
employment if the employee works in one of the specified occupations and has a confirmed case of
COVID-19. Covered occupations include nurses, healthcare workers, and workers required to provide
childcare for first responders and healthcare workers under Executive Orders 20-02 and 20-19. The
COVID-19 presumption provision sunsets on May 1, 2021.
-22-
Bonding Bill — The 2020 bonding bill provided financing for approximately $1.36 billion of projects.
Some of the more significant appropriations for local infrastructure included: $105 million in
undesignated grants for local road improvement and bridge replacement; $100 million for water
infrastructure and point source implementation grants; $25 million for state match of federal grants for
public facilities improvements, $20 million for natural resource asset preservation, $17 million for flood
control mitigation, $15 million for the Local Government Roads Wetlands Replacement Program;
$5 million for Metropolitan Council inflow and infiltration grants; and $5 million for metropolitan
regional parks and trails. The bill also included funding for a number of state initiatives, including:
$300 million in trunk highway bonds for the improvement of the state trunk highway system;
$145 million in appropriation bonds to fund the infrastructure and capital needs of the Minnesota Housing
Finance Agency, Minnesota Pollution Control Agency, and Minnesota Public Television; $30 million for
state agency projects aimed at promoting racial equity, $29.5 million for the state Emergency Operations
Center; and $16 million for the Minnesota Housing Finance Agency.
The bill provides authority for eligible local governments to own and operate childcare facilities, and
permits local governments to enter into management agreements with licensed childcare providers to
operate in publicly -owned facilities. It also makes cities, counties, school districts, and joint powers
boards located outside of the seven -county metro area eligible to apply for grants through the Greater
Minnesota Childcare Facility Capital Grant Program.
The bill also included a provision extending the equal pay certificate of compliance requirement to
contracts by any public entity, including political subdivisions, using state general obligation bond
proceeds for all or part of a capital project. Local governments will be responsible for requiring that bids
include proper certification on applicable projects, which applies to projects for goods or services valued
at more than $1 million utilizing appropriated bond proceeds on or after January 1, 2022.
Elections — A number of measures were passed to help ensure the safe and secure conduct of the 2020
state primary and general elections, including; allowing for the processing of absentee ballots to begin
14 days prior to the date of the election, extending the period during which absentee ballots could be
processed for 2 days following the election, accepting electronic filings for affidavits of candidacy or
nominating petitions, and specifying that municipalities were to use schools as polling places only when
no other public or private location was reasonably available. Funds from the federal Help America Vote
Act were made available for modernizing, securing, and improving election facilities, a portion of which
was made available for grants to local governments to fund activities prescribed by this program.
Minors Operating Lawn Care Equipment — Effective May 28, 2020, Minnesota Statutes lowered the
employment age for operating lawn care equipment to age 16. Minors aged 16 and 17 must be trained in
the safe operation of the equipment and wear appropriate personal protective equipment when operating
the lawn care equipment. The exception under this statute applies only to minors directly employed by
golf courses, resorts, rental property owners, or municipalities to perform lawn care on golf courses,
resort grounds, rental property, or municipal grounds.
Open Meeting Law Exception — The interactive television provision of the Minnesota Open Meeting
Law was amended to allow for participation in meetings by interactive electronic means, such as Skype or
Zoom, without requiring that an elected official be advised to do so by a healthcare professional for
personal or family medical reasons. This allowance is available only when a national security or
peacetime emergency has been declared and may be used up to 60 days after the emergency declaration
has been lifted. Whenever public meetings are held via interactive electronic means of this type, votes
must be conducted by roll call and be recorded in the minutes.
Expanded Authority for Electronic Signatures During COVID-19 — Effective May 17, 2020, cities
are allowed to accept certain documents, signatures, or filings electronically, by mail, or facsimile during
the COVID-19 pandemic, including; planning and zoning applications and permits; land use documents;
documents requiring the signature of licensed architects, engineers, land surveyors, geoscientists, or
interior designers; applications for birth or death certificates; or recording notary commissions. This
accommodation expires January 16, 2021, or 60 days following the termination of the peacetime public
health emergency.
-23-
Solid Waste Recycling Exemption — The requirement that not more than 15 percent of mixed municipal
solid waste received by recycling or composting facilities be disposed of, rather than recycled or
composted, is suspended as long as the need for the exception is triggered by operational changes
implemented to address the COVID-19 pandemic.
Pension Changes — Effective January 1, 2021, the maximum lump -sum pension amount for volunteer
firefighters is increased from $10,000 to $15,000 per year of service. Municipalities are permitted to split
state fire aid received between its career firefighters and its affiliated volunteer firefighters, but only if the
amount allocated to the career firefighters is approved by the membership of the volunteer firefighter
relief association. Any aid allocated to career firefighters must be used to pay the Public Employees
Retirement Association (PERA) employer contributions on their behalf within 18 months of the transfer
or be returned to the relief association.
Police Accountability Act — The Legislature passed the Police Accountability Act, which enacted a
number of changes to laws governing police conduct, training, and oversight. Among the more significant
changes adopted were:
• Defined and authorized "public safety peer counseling" and "critical incident stress
management," and classifies information shared in these settings as private data.
• Established an Independent Use of Force Investigations Unit within the Bureau of Criminal
Apprehension to investigate all officer -involved deaths in the state, as well as criminal sexual
assault allegations against peace officers, effective August 1, 2020.
• Authorized statutory or home rule charter cities to offer incentives to encourage a person hired as
a peace officer to be a resident of the city.
• Limited the use of certain restraint methods by peace officer unless the use of deadly force is
authorized in a given situation.
• Established and modified provisions related to law enforcement use of deadly force.
• Defined and prohibited "warrior -style" training for peace officers.
• Established a 15 -member "Ensuring Police Excellence and Improving Community Relations
Advisory Council" under the Police Officer Standards and Training (POST) Board, to assist the
POST Board in maintaining policies and regulating peace officers in a manner that ensures the
protection of civil and human rights.
• Established a duty for peace officers to intercede when another officer is using excessive force
and report incidents of excessive force to supervisors.
-24-
THIS PAGE INTENTIONALLY LEFT BLANK
ACCOUNTING AND AUDITING UPDATES
The following is a summary of Governmental Accounting Standards Board (GASB) standards expected
to be implemented in the next few years. Due to the COVID-19 pandemic, the GASB has delayed the
original implementation dates of these and other standards as described below.
GASB Statement No. 87, Leases
A lease is a contract that transfers control of the right to use another entity's nonfinancial asset as
specified in the contract for a period of time in an exchange or exchange -like transaction. Examples of
nonfinancial assets include buildings, land, vehicles, and equipment. Any contract that meets this
definition should be accounted for under the leases guidance, unless specifically excluded in this
statement.
Governments enter into leases for many types of assets. Under the previous guidance, leases were
classified as either capital or operating depending on whether the lease met any of the four tests. In many
cases, the previous guidance resulted in reporting lease transactions differently than similar nonlease
financing transactions.
The goal of this statement is to better meet the information needs of users by improving accounting and
financial reporting for leases by governments. It establishes a single model for lease accounting based on
the principle that leases are financings of the right to use an underlying asset. This statement increases the
usefulness of financial statements by requiring recognition of certain lease assets and liabilities for leases
that previously were classified as operating leases and recognized as inflows of resources or outflows of
resources based on the payment provisions of the contract.
Under this statement, a lessee is required to recognize a lease liability and an intangible right to use lease
asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby
enhancing the relevance and consistency of information about governments' leasing activities.
To reduce the cost of implementation, this statement includes an exception for short-term leases, defined
as a lease that, at the commencement of the lease term, has a maximum possible term under the lease
contract of 12 months (or less), including any options to extend, regardless of their probability of being
exercised. Lessees and lessors should recognize short-term lease payments as outflows of resources or
inflows of resources, respectively, based on the payment provisions of the lease contract. The
requirements of this statement are effective for reporting periods beginning after June 15, 2021.
-25-
GASB Statement No. 91, Conduit Debt Obligations
The primary objectives of this statement are to provide a single method of reporting conduit debt
obligations by issuers and eliminate diversity in practice associated with (1) commitments extended by
issuers, (2) arrangements associated with conduit debt obligations, and (3) related note disclosures. This
statement achieves those objectives by clarifying the existing definition of a conduit debt obligation;
establishing that a conduit debt obligation is not a liability of the issuer; establishing standards for
accounting and financial reporting of additional commitments and voluntary commitments extended by
issuers and arrangements associated with conduit debt obligations; and improving required note
disclosures.
A conduit debt obligation is defined as a debt instrument having all of the following characteristics:
• There are at least three parties involved: (1) an issuer, (2) a third party obligor, and (3) a debt
holder or a debt trustee.
• The issuer and the third party obligor are not within the same financial reporting entity.
• The debt obligation is not a parity bond of the issuer, nor is it cross -collateralized with other debt
of the issuer.
• The third party obligor or its agent, not the issuer, ultimately receives the proceeds from the debt
issuance.
• The third party obligor, not the issuer, is primarily obligated for the payment of all amounts
associated with the debt obligation (debt service payments).
This statement also addresses arrangements, often characterized as leases, that are associated with conduit
debt obligations. In those arrangements, capital assets are constructed or acquired with the proceeds of a
conduit debt obligation and used by third party obligors in the course of their activities.
This statement requires issuers to disclose general information about their conduit debt obligations,
organized by type of commitment, including the aggregate outstanding principal amount of the issuers'
conduit debt obligations and a description of each type of commitment. Issuers that recognize liabilities
related to supporting the debt service of conduit debt obligations also should disclose information about
the amount recognized and how the liabilities changed during the reporting period.
The requirements of this statement are effective for reporting periods beginning after December 15, 2021.
Earlier application is encouraged.
ei
GASB Statement No. 92, Omnibus 2020
The objectives of this statement are to enhance comparability in accounting and financial reporting and to
improve the consistency of authoritative literature by addressing practice issues that have been identified
during implementation and application of certain GASB Statements. This statement addresses a variety of
topics and includes specific provisions about the following:
• The effective date of Statement No. 87, Leases, and Implementation Guide No. 2019-3, Leases,
for interim financial reports
• Reporting of intra -entity transfers of assets between a primary government employer and a
component unit defined benefit pension plan or defined benefit other post -employment benefit
(OPEB) plan
• The applicability of Statements No. 73, Accounting and Financial Reporting for Pensions and
Related Assets That Are Not within the Scope of GASB Statement 68, and Amendments to Certain
Provisions of GASB Statements 67 and 68, as amended, and No. 74, Financial Reporting for
Postemployment Benefit Plans Other Than Pension Plans, as amended, to reporting assets
accumulated for post -employment benefits
• The applicability of certain requirements of Statement No. 84, Fiduciary Activities, to
post -employment benefit arrangements
• Measurement of liabilities (and assets, if any) related to asset retirement obligations in a
government acquisition
• Reporting by public entity risk pools for amounts that are recoverable from reinsurers or excess
insurers
• Reference to nonrecurring fair value measurements of assets or liabilities in authoritative
literature
• Terminology used to refer to derivative instruments
The requirements of this statement are effective for fiscal years beginning after June 15, 2021. Earlier
application is encouraged.
GASB Statement No. 96, Subscription -Based Information Technology Arrangements
This statement provides guidance on the accounting and financial reporting for subscription -based
information technology arrangements (SBITAs) for government end users (governments). This statement
(1) defines a SBITA; (2) establishes that a SBITA results in a right -to -use subscription asset—an
intangible asset—and a corresponding subscription liability; (3) provides the capitalization criteria for
outlays other than subscription payments, including implementation costs of a SBITA; and (4) requires
note disclosures regarding a SBITA. To the extent relevant, the standards for SBITAs are based on the
standards established in Statement No. 87, Leases, as amended.
An SBITA is defined as a contract that conveys control of the right to use another party's (an SBITA
vendor's) information technology (IT) software, alone or in combination with tangible capital assets (the
underlying IT assets), as specified in the contract for a period of time in an exchange or exchange -like
transaction. Under this statement, a government generally should recognize a right -to -use subscription
asset—an intangible asset—and a corresponding subscription liability.
This statement provides an exception for short-term SBITAs with a maximum possible term under the
SBITA contract of 12 months, including any options to extend, regardless of their probability of being
exercised. Subscription payments for short-term SBITAs should be recognized as outflows of resources.
This statement requires a government to disclose descriptive information about its SBITAs other than
short-term SBITAs, such as the amount of the subscription asset, accumulated amortization, other
payments not included in the measurement of a subscription liability, principal and interest requirements
for the subscription liability, and other essential information.
The requirements of this statement are effective for fiscal years beginning after June 15, 2022, and all
reporting periods thereafter.
-27-
GASB Statement No. 97, Certain Component Unit Criteria, and Accounting and
Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation
Plans—an Amendment of GASB Statement No. 14 and No. 84, and a Supersession of GASB
Statement No. 32
The primary objectives of this statement are to (1) increase consistency and comparability related to the
reporting of fiduciary component units in circumstances in which a potential component unit does not
have a governing board and the primary government performs the duties that a governing board typically
would perform; (2) mitigate costs associated with the reporting of certain defined contribution pension
plans, defined contribution OPEB plans, and employee benefit plans other than pension plans or OPEB
plans (other employee benefit plans) as fiduciary component units in fiduciary fund financial statements;
and (3) enhance the relevance, consistency, and comparability of the accounting and financial reporting
for Internal Revenue Code Section 457 deferred compensation plans (Section 457 plans) that meet the
definition of a pension plan and for benefits provided through those plans.
The requirements of this statement that (1) exempt primary governments that perform the duties that a
government board typically performs from treating the absence of a governing board the same as the
appointment of a voting majority of a governing board in determining whether they are financially
accountable for defined contribution pension plans, defined contribution OPEB plans, or other employee
benefit plans, and (2) limit the applicability of the financial burden criterion in paragraph 7 of
Statement 84 to defined benefit pension plans and defined benefit OPEB plans that are administered
through trusts that meet the criteria in paragraph 3 of Statement 67 or paragraph 3 of Statement 74,
respectively, are effective immediately.
The requirements of this statement that are related to the accounting and financial reporting for
Section 457 plans are effective for fiscal years beginning after June 15, 2021. For purposes of determining
whether a primary government is financially accountable for a potential component unit, the requirements
of this statement that provide that for all other arrangements, the absence of a governing board be treated
the same as the appointment of a voting majority of a governing board if the primary government
performs the duties that a governing board typically would perform, are effective for reporting periods
beginning after June 15, 2021. Earlier application of those requirements is encouraged and permitted by
requirement as specified within this statement.
►.:M
CITY OF
� Monticello
Council Connection
May 24, 2021
S� CITY OF
Monticello
COMMUNITY CENTER
Operations
All areas of the facility are currently open. Poolside birthday parties were added in May and we
have had several bookings for the month.
As of April 30:
Visits totaled 5,885
Current active members: 2,959
Current freeze members: 433
Membership numbers will change for May because the free freeze option was eliminated.
Members on a freeze status either had to reactivate and pay for their membership again or pay
25% of their membership to keep it in a freeze status.
Beginning May 28, state COVID restrictions end, reservations will no longer be required to
control capacity.
The surplus sale on May 13 was a success with over $2,000 in sales.
Programs
The Farmers' Market will open May 27 and operate on Thursdays in the library parking lot,
3:30-7:00 p.m.
Music on the Mississippi begins June 23 and will be on Wednesday evenings in West Bridge
Park, 6:00-8:00 p.m. Sponsors include Liberty Bank, Monticello Lions, Galindo Real Estate
Group and All Elements.
Movies in the Park at Pioneer Park are sponsored by TDS.
Friday, June 18 — Onward
Friday, July 16 —Sonic the Hedgehog
Friday, August 13 — Karate Kid
Council Connection - 05/24/2021
Pool Update
Summer swimming lesson registration is now open. Swimming lessons at MCC feature small
class sizes, longer classes (45 minutes) and less classes per session (4). This change makes more
efficient use of our staff. We also feel the shorter sessions and smaller class sizes will be
appealing to busy families.
Swimming lessons will also be offered at Bertram Lake in July.
Rentals
We are seeing businesses calling back to get their meetings on the books, park rentals are very
busy, Annandale lock in May 281h and birthday calls are coming in. People are excited to
celebrate events missed last year. Seeing a lot of request for Memorial Services in the
Mississippi Room or parks for loved ones that were lost last year and could not celebrate their
life with friends/family.
Maintenance
Work has begun in the Prairie Center building for moving the FiberNet office upstairs.
CITY OF
Montfcdo
DMV
Summary through April 2021
In April 2021, the DMV generated $99,047 in revenue which is $67,907 more than April 2020.
The DMV was operating solely through the dropbox in April of 2020, which creates longer
processing time per transaction and fewer transactions processed. The DMV has had limited
staff recently, which was a contributing factor when the lobby had to close from April 5 to 9.
The DMV processed 8,386 transactions in April 2021 compared to 5,546 in April 2020. However,
due to the State's transition to the MNDrive system in November 2020, transactions are
counted differently and a comparison to the same month last year is not an entirely accurate
reflection of the DMV's workload.
The DMV continues to have high demand with lines forming out the door. We are looking
forward to the elimination of distancing requirements on May 28th to allow more customers to
wait in the lobby again.
The relocation project continues to move forward with an architect currently drawing up
detailed plans of the building and creating a listing of project tasks.
Please see the following graphs for more detail on the DMV's operations.
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
DMV Revenue Comparison
Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019 Apr2020 Apr2021
DMV Transaction Comparison
Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019 Apr2020 Apr2021
DMV YTD Revenue Comparison
$400,000
380 147
$350,000
$300,000
277,041
$250,058 $254,399
$250,000
227,512
$200,000
$198,753 $192,880
$174,992 $161,019 175,200
$150,000
$114,667
$100,000
$50,000
Apr 2011 Apr 2012 Apr 2013 Apr 2014 Apr 2015 Apr 2016 Apr 2017 Apr 2018 Apr 2019 Apr2020 Apr2021
S� CITY OF
Monticello
ECONOMIC DEVELOPMENT - COMMUNITY DEVELOPMENT DEPARTMENT
April 23, 2021 to May 20, 2021
April 23, 2021— Mtg. with IEDC Restaurant Recruitment Subcommittee at Riverwood Bank
April 26, 2021 - Attended Rotary Club Mtg.
April 26, 2021— Attended EDAM Government Relations Committee Mtg via Zoom
April 28, 2021— Mtg. with Development Prospect Representative
May 3, 2021— Attended Rotary Club Mtg.
May 4, 2021— Attended Chelsea Commons Workshop
May 5, 2021 — Attended Monthly Managers Mtg.
May 5, 2021— Attended Pre -Design Mtg.
May 10, 2021 — Attended Rotary Club Mtg.
May 10, 2021— Attended Duffy Development Multi -Family Concept Proposal Workshop
May 11, 2021 — Attended Pre -Design Mtg.
May 11, 2021— Phone Conference with Multi -Family Housing Developer re Concept
Proposal
May 13, 2021 — Attended Willows Landing Ribbon Cutting and Open House Event
May 17, 2021— Northland Monthly - Project and Financing Review Mtg.
May 17, 2021 — Attended Rotary Club Mtg.
May 18, 2021— Mtg. with Multi -Family Housing Developer re Concept Proposal
May 18, 2021 — Attended Monticello Chamber of Commerce Luncheon Mtg. — River City
Extreme
May 20, 2021— Participated in Monticello Chamber of Commerce Annual Fundraising Golf
Tournament
S� CITY OF
Monticello
HI -WAY LIQUORS
Summary through April 2021
In April 2021, the liquor store had sales of $593,776, which is 6.0% lower than April of 2020.
However, April sales were $104,703 or 21.4% higher than April of 2019, resulting in an average
year over year growth of roughly 10.2%. Within the 6% decrease from April of 2020, beer and
liquor sales decreased by 12.1% and 5.7%, respectively, while wine sales grew by 0.9% due to a
very successful spring wine sale.
Please see the following graphs for more detail.
Hi -Way Liquors Sales Report 1/31/2021
Total Sales
Month 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CYM-LYM Y -T -D
Jan
$ 302,114.52 $
328,004.13 $
355,029.76 $
380,425.45 $
364,675.32 $
355,750.18 $
403,500.92 $
413,169.20 $
453,883.47 $
513,509.06
13.1%
13.1%
Feb
307,385.41
337,463.99
333,487.18
347,777.77
362,746.98
364,836.39
390,050.52
408,769.22
445,332.30
486,790.45
9.3%
9.3%
Mar
386,115.21
404,531.17
377,031.62
388,003.16
401,206.91
416,605.50
473,811.33
477,467.15
663,855.30
526,375.13
-20.7%
-20.7%
Apr
345,371.09
388,395.50
386,050.82
417,855.89
427,879.44
446,041.63
467,192.12
489,072.87
631,721.78
593,776.15
-6.0%
-6.0%
May
433,829.01
436,195.21
498,095.67
523,401.05
482,917.95
503,867.81
549,206.70
560,332.38
785,494.64
-
-100.0%
-100.0%
Jun
461,423.68
440,255.04
426,392.73
474,203.81
470,585.33
521,559.76
561,287.34
588,209.75
656,099.21
-100.0%
-100.0%
Jul
447,452.18
485,459.76
479,174.06
542,973.27
527,519.46
563,935.31
571,270.49
620,426.16
660,202.41
-100.0%
-100.0%
Aug
445,158.94
503,181.84
484,955.71
470,505.22
462,669.36
497,201.21
544,029.21
602,951.70
597,700.58
-100.0%
-100.0%
Sep
390,399.33
379,381.19
397,495.82
439,444.29
448,218.93
501,126.67
481,663.70
496,193.64
553,001.20
-100.0%
-100.0%
Oct
372,676.23
396,328.87
409,967.74
460,096.82
454,442.30
461,549.38
467,600.32
501,342.95
605,830.73
-100.0%
-100.0%
Nov
421,960.12
424,038.37
465,299.53
474,241.74
444,533.08
495,519.24
527,900.06
562,628.37
589,588.61
-100.0%
-100.0%
Dec
527,865.36
518,379.58
549,200.76
569,707.38
605,509.16
629,143.57
652,695.25
656,366.61
765,163.32
-100.0%
-100.0%
Total
$ 4,841,751.08 $
5,041,614.65 $
5,162,181.40 $
5,488,635.85 $
5,452,904.22 $
5,757,136.65 $
6,090,207.96 $
6,376,930.00 $
7,407,873.55 $
2,120,450.79
Change $ 192,849.55 $ 199,863.57 $ 120,566.75 $ 326,454.45 $ (35,731.63) $ 304,232.43 $ 333,071.31 $ 286,722.04 $ 1,030,943.55 $ (5,287,422.76)
Change % 4.1% 4.1% 2.4% 6.3% -0.7% 5.6% 5.8% 4.7% 16.2% -71.4%
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
Monthly Hi -Way Sales
Jan Feb
Mar Apr
May Jun Jul Aug Sep Oct Nov Dec
■ 2012
■ 2013
■ 2014
■ 2015
■ 2016
■ 2017
■ 2018
■ 2019
■ 2020
■ 2021
Hi -Way Liquors Sales Report 1/31/2021
Beer
Month
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
CYM-LYM
Y -T -D
Jan
$
149,406.45
$ 160,903.32
$ 173,814.13
$ 191,370.26
$ 176,483.68
$ 174,846.99
$ 198,202.11
$ 197,270.15
$ 221,209.18
$ 256,155.31
15.8%
15.8%
Feb
150,589.28
162,865.75
161,168.63
164,508.11
175,055.27
179,346.12
187,042.58
196,211.84
222,640.46
236,816.07
7.6%
6.4%
Mar
203,957.25
192,607.52
185,325.68
192,955.79
199,141.66
208,926.70
233,971.24
232,963.84
332,798.19
270,180.15
-26.8%
-18.8%
Apr
179,486.77
186,134.31
198,195.77
219,756.39
228,133.10
234,069.51
224,348.27
244,892.28
323,605.96
295,780.91
-12.4%
-8.6%
May
227,664.73
234,738.30
256,188.77
259,306.91
250,403.11
262,275.25
306,245.55
304,724.08
436,582.76
-142.6%
-100.0%
Jun
259,671.21
243,389.79
238,322.11
263,421.95
263,264.15
296,531.85
309,163.93
335,878.00
378,351.43
-122.4%
-100.0%
Jul
253,648.64
273,319.54
265,555.32
301,867.65
296,513.68
315,848.83
314,343.95
352,522.92
380,390.43
-121.0%
-100.0%
Aug
242,179.20
281,577.25
267,802.95
253,141.21
250,255.41
268,173.42
292,626.23
335,258.06
331,928.29
-113.4%
-100.0%
Sep
208,974.88
202,213.80
211,854.94
233,215.56
238,333.55
270,898.13
257,557.44
262,477.64
298,017.83
-115.7%
-100.0%
Oct
187,386.57
191,764.20
210,454.13
234,882.09
224,253.93
228,484.62
230,112.85
246,829.33
304,015.53
-132.1%
-100.0%
Nov
195,276.37
192,162.71
202,081.91
207,055.40
213,333.23
222,993.99
238,870.03
259,282.44
273,386.17
-114.4%
-100.0%
Dec
224,952.83
217,491.21
234,178.12
241,996.27
253,223.11
271,457.72
281,924.05
283,831.51
335,985.52
-119.2%
-100.0%
Total
$
2,483,194.18
$ 2,539,167.70
$ 2,604,942.46
$ 2,763,477.59
$ 2,768,393.88
$ 2,933,853.13
$ 3,074,408.23
$ 3,252,142.09
$ 3,838,911.75
$ 1,058,932.44
Change
$
154,459.22
$ 55,973.52
$ 65,774.76
$ 158,535.13
$ 4,916.29
$ 165,459.25
$ 140,555.10
$ 177,733.86
$ 586,769.66
$ (2,779,979.31)
Change %
6.6%
2.3%
2.6%
6.1%
0.2%
6.0%
4.8%
5.8%
18.0%
-72.4%
Monthly Beer Sales 02012
$500,000 ■ 2013
$450,000 ■ 2014
$400,000 ■ 2015
$350,000 ■ 2016
$300,000
■ 2017
$250,000
■ 2018
$200,000
■ 2019
$150,000 ■ 2020
$100,000
■ 2021
$50,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Hi -Way Liquors Sales Report 1/31/2021
Liquor
Month 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 CYM-LYM Y -T -D
Jan
$
93,085.69
$ 103,977.89
$ 113,943.25
$ 118,577.85
$ 118,211.20
$ 114,509.99
$ 133,589.33
$ 142,171.51
$ 156,618.77
$ 171,764.88
9.7%
9.7%
Feb
92,489.93
106,387.16
107,609.55
112,198.85
113,060.59
117,361.15
128,952.50
142,327.58
148,178.03
165,259.67
11.5%
11.5%
Mar
112,244.43
124,487.55
116,316.49
118,269.49
118,839.79
131,238.09
151,716.52
159,432.14
222,258.49
171,629.15
-22.8%
-22.8%
Apr
98,080.67
113,594.37
115,579.47
123,841.34
126,073.89
130,114.53
136,883.13
147,197.73
193,843.09
182,841.90
-5.7%
-5.7%
May
114,299.35
127,622.31
135,370.38
140,116.66
129,009.36
142,237.28
160,936.65
170,109.40
238,076.67
-100.0%
-100.0%
Jun
128,604.32
124,019.90
120,291.71
136,716.81
135,763.26
147,813.59
168,769.36
166,679.78
190,517.50
-100.0%
-100.0%
Jul
123,672.73
139,270.04
139,967.77
155,436.54
150,173.35
160,220.37
170,108.99
178,157.56
192,891.98
-100.0%
-100.0%
Aug
126,065.14
141,197.73
138,660.76
136,440.40
135,841.14
144,263.78
164,013.08
180,017.57
178,691.20
-100.0%
-100.0%
Sep
109,153.56
107,605.71
115,119.19
129,195.42
130,101.01
143,252.37
147,649.35
153,415.28
168,453.24
-100.0%
-100.0%
Oct
106,326.73
116,677.74
124,271.15
140,198.97
128,290.50
145,864.34
150,852.02
161,850.02
196,727.06
-100.0%
-100.0%
Nov
120,127.29
126,412.24
134,241.85
132,261.11
134,208.12
149,468.96
167,360.12
181,489.37
190,007.13
-100.0%
-100.0%
Dec
172,370.96
175,523.36
184,746.26
190,944.24
205,335.83
213,217.73
229,121.92
236,248.55
274,808.82
-100.0%
-100.0%
Total
$
1,396,520.80
$ 1,506,776.00
$ 1,546,117.83
$ 1,634,197.68
$ 1,624,908.04
$ 1,739,562.18
$ 1,909,952.97
$ 2,019,096.49
$ 2,351,071.98
$ 691,495.60
Change
$
53,411.82
$ 110,255.21
$ 39,341.83
$ 88,079.85
$ (9,289.64)
$ 114,654.14
$ 170,390.79
$ 109,143.52
$ 331,975.49
$ (1,659,576.38)
Change %
4.0%
7.9%
2.6%
5.7%
-0.6%
7.1%
9.8%
5.7%
16.4%
-70.6%
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
Monthly Liauor Sales
Jan Feb Mar Apr
L ■ I
May Jun Jul
Aug
Sep
Oct Nov Dec
■ 2012
■ 2013
■ 2014
■ 2015
■ 2016
■ 2017
■ 2018
■ 2019
■ 2020
■ 2021
Hi -Way Liquors Sales Report 1/31/2021
Wine
Month
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
CYM-LYM
Y -T -D
Jan
$
50,238.83
$ 54,949.83
$ 59,391.16
$ 61,128.65
$ 60,454.56
$ 57,275.16
$ 60,047.20
$ 61,183.52
$ 62,895.50
$ 70,478.45
12.1%
12.1%
Feb
54,642.27
60,573.12
57,228.51
62,600.47
64,797.38
58,664.45
62,027.36
58,391.94
61,207.21
68,862.51
12.5%
12.5%
Mar
57,735.22
77,810.58
66,425.24
67,121.51
71,840.82
64,286.75
74,221.20
70,209.75
91,704.66
67,769.17
-26.1%
-26.1%
Apr
57,973.74
79,736.19
63,101.05
63,285.56
61,268.24
69,415.79
93,299.96
83,324.61
96,264.97
97,120.74
0.9%
0.9%
May
78,740.40
62,491.07
92,083.62
109,512.94
87,333.35
82,724.29
61,684.97
67,148.30
84,611.53
-100.0%
-100.0%
Jun
56,607.74
59,523.15
54,270.56
59,036.14
54,889.39
58,623.08
61,777.09
62,727.56
62,892.81
-100.0%
-100.0%
Jul
54,467.20
57,115.44
57,743.98
66,029.11
60,750.62
64,034.24
64,494.29
64,596.65
62,399.50
-100.0%
-100.0%
Aug
61,825.30
64,057.61
62,446.04
63,546.01
60,015.78
66,304.12
67,701.51
64,188.91
64,865.71
-100.0%
-100.0%
Sep
60,317.17
59,121.12
59,409.30
62,210.27
65,294.31
68,220.79
59,923.84
62,984.34
67,867.49
-100.0%
-100.0%
Oct
66,423.82
75,606.28
63,659.41
70,038.32
89,005.29
70,516.61
70,894.54
77,535.39
86,852.18
-100.0%
-100.0%
Nov
97,249.52
96,824.40
117,402.23
122,947.90
83,896.45
109,969.88
107,567.02
105,744.41
110,227.26
-100.0%
-100.0%
Dec
116,610.70
113,008.24
115,617.50
120,274.96
129,536.28
124,115.79
120,746.12
115,969.12
130,324.38
-100.0%
-100.0%
Total
$
812,831.91
$ 860,817.03
$ 868,778.60
$ 927,731.84
$ 889,082.47
$ 894,150.95
$ 904,385.10
$ 894,004.50
$ 982,113.20
$ 304,230.87
Change
$
63,924.14
$ 47,985.12
$ 7,961.57
$ 58,953.24
$ (38,649.37)
$ 5,068.48
$ 10,234.15
$ (10,380.60)
$ 88,108.70
$ (677,882.33)
Change %
8.5%
5.9%
0.9%
6.8%
-4.2%
0.6%
1.1%
-1.1%
9.9%
-69.0%
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
Jan
Monthly Wine Sales
May Jun Jul Aug
Sep
Oct Nov Dec
■ 2012
■ 2013
■ 2014
■ 2015
■ 2016
■ 2017
J ■ 2018
IT� ■ 2019
■ 2020
■ 2021