[PAGE 1] CITY OF ST. JOSEPH www.cityofstjoseph.com St. Joseph Park Board February 23, 2026, 6:30 PM St Joseph Government Center 1. 6:30 PM Call to order 2. Approve Agenda 3. Consent Agenda a. Minutes – Approve January Minutes b. Treasurer’s Report – Approve the Financial Report 4. Liaison Report a. Staff i. Rhonda Juell ii. Adam Schnettler 5. Old business: a. Movie in the Park 6. New Business: a. 2026 Klinefelter Playground- Northland Recreation b. Ebikes – Andy - update 7. Adjourn 75 Callaway Street East | Saint Joseph, Minnesota 56374 Email: cityoffices@cityofstjoseph.com | Phone: 320.363.7201 | Fax 320.363.0342 [PAGE 2] Park Board Agenda Item MEETING DATE: February 23, 2026 AGENDA ITEM: Finance Report SUBMITTED BY: Finance BOARD/COMMISSION/COMMITTEE/COUNCIL RECOMMENDATION: Council approved 2026 budget on January 1, 2025. PREVIOUS PARK BOARD ACTION: Reviewed financial reports through December 31, 2025. BACKGROUND INFORMATION: Enclosed you will find the reconciled financial reports through January 31, 2026. The activity does not include audit entries that will be recorded over the next couple of months. I included a trial balance of the Park Board and Charitable Gambling funds (funds 205 and 215, respectively). The Charitable Gambling fund supports the Movie in the Park activity. After designated funds are set aside, the Park fund undesignated balance is ($156,841). Included in the designated balances are the fencing council approved for the Park Board to move forward with. The dog park shelter/screening is a carryover project from 2024. I set aside $150,000 of the Park Board budget for the Klinefelter Park play equipment from the funds levied. There is also $20,000 set aside from the St. Joseph Lion’s donation for the play equipment. There is additional budget in 2026 for the play equipment that will be transferred from the debt relief fund in the amount of $50,000. There will be a request from council to move the funds into the Park Board fund 205 in the next couple of months. The tax levy from 2026 will not be received until June and December. The designated project amounts include 2026 budgeted levy. The result is the cash balance appears to be a deficit until the levy is received. The LCCMR grant proceeds have not been received. The final grant request draw is $356,994.01. The project expenditure was incurred in 2025. As a result, the cash balance is drawn down. The city issued equipment certificates in September. The Millstream west softball fields will receive some of the certificates proceeds for fencing. The expenditure will be tracked into another fund. BUDGET/FISCAL IMPACT: Information only ATTACHMENTS: Park Board Monthly Report Park Board 5-Year Capital Improvement Plan Summary Financial Statements – Park Board REQUESTED COUNCIL ACTION: Consider accepting the January financial reports. [PAGE 3] St. Joseph Park Board Summary Treasurer's Report - Fund 205 January 2026 Fund 205, Park Board Balance as of December 31, 2025 (Unaudited) (1,430.79) Year to Date Revenue: 2025 YTD 2026 Budget 2026 YTD Actual Ad Valorem Property Taxes 3 8,474.15 50,000 267.77 Interest Earnings 1 0,700.06 7,500 147.43 Park Dedication Fees 3 ,656.00 - - Park Round Up Fees 1 95.43 200 - Contributions 8 0.00 105 20,000.00 LCCMR Grant 6 2,979.79 - - DNR Grant 9 1,738.71 - - Transfers from Other Funds - - - Total Revenue 2 07,824.14 57,805 20,415.20 Year to Date Expenditures by Object: Professional Services - - - Buildings - - - Other Equipment (14,661.36) - - Park Development (603,019.06) 304,500 - Total Expenses (617,680.42) 304,500 - Fund Summaries as of January 31, 2026: Park Board Fund Balance - Fund 205 - (Unaudited) 18,984.41 Designated for Dog Park 4,151 Designated for Millstream Park East Softball Field Fencing 1,675 Designated for Klinefelter Park Play Equipment (24-25-26 levies, Lions donation) 170,000 Amount Undesignated (156,841) 2026 Projects: Millstream Park east field fencing (PW) Notes: Rivers Bend Park Nature Signs $25,000 of the Millstream fencing is budgeted from the 2025 Equipment Dog Park screening Certificates. Klinefelter Park Play Equipment [PAGE 4] CITYOFSTJOSEPH BALANCESHEET JANUARY31,2 026 FUND205 - PARKDEDICATION FEES ASSETS 205-10199CASH18, 984.41 205-10500ACCOUNTS RECEIVABLE( 7.61) TOTAL ASSETS18, 976.80 LIABILITIES ANDEQUITY LIABILITIES 205-20200ACCOUNTS PAYABLE( 1,438.40) TOTALLIABILITIES( 1,438.40) FUNDEQUITY REVENUE OVER EXPENDITURES - YTD20,415.20 TOTAL FUND EQUITY20, 415.20 TOTAL LIABILITIES AND EQUITY18, 976.80 [PAGE 5] CITYOFSTJOSEPH REVENUES WITHCOMPARISON TOBUDGET FORTHE1MONTHS ENDINGJANUARY 31, 2026 PARKDEDICATION FEES PRIOR YTDAMOUNTYTD ACTUALORIGINAL BUDGETBUDGETUNEXPENDEDPCNT PARKAREAS 205-45202-31010CURRENT ADVALOREM TAXES. 00267.7750,000.0050,000.0049,732.23. 5 205-45202-33400STATE GRANTS ANDAIDS( 182,045.17). 00. 00. 00. 00. 0 205-45202-34785PARK ROUND-UPPROCEEDS. 00. 00200.00200.00200.00. 0 205-45202-36210INTEREST EARNINGS( 1,004.84) 147.437,500.007,500.007,352.572.0 205-45202-36230DONATIONS - PARKBOARD. 0020,000.00105.00105.00( 19 ,8 95 .0 0) 1 90 47. TOTALPARKAREAS( 183,050.01) 20,415.2057,805.0057,805.0037,389.8035.3 TOTALFUNDREVENUE( 183,050.01) 20,415.2057,805.0057,805.0037,389.8035.3 FOR ADMINISTRATION USE ONLY8 % OFTHE FISCAL YEAR HAS ELAPSED02/ 12/2026 03:36PM PAGE: 3 [PAGE 6] CITYOFSTJOSEPH EXPENDITURES WITHCOMPARISON TOBUDGET FORTHE1MONTHS ENDINGJANUARY 31, 2026 PARKDEDICATION FEES PRIOR YTDAMOUNTYTD ACTUALORIGINAL BUDGETBUDGETUNEXPENDEDPCNT PARKAREAS 205-45202-531PARK DEVELOPMENT( 8,513.72). 00304,500.00304,500.00304,500.00. 0 TOTALPARKAREAS( 8,513.72). 00304,500.00304,500.00304,500.00. 0 TOTALFUNDEXPENDITURES( 8,513.72). 00304,500.00304,500.00304,500.00. 0 NETREVENUE OVEREXPENDITURES( 174,536.29) 20,415.20( 246,695.00)( 246,695.00)( 267,110.20) 8.3 FOR ADMINISTRATION USE ONLY8 % OFTHE FISCAL YEAR HAS ELAPSED02/ 12/2026 03:36PM PAGE: 4 [PAGE 7] CITYOFSTJOSEPH BALANCESHEET JANUARY31,2 026 FUND215 - CHARITABLE GAMBLING ASSETS 215-10199CASH3. 40 TOTAL ASSETS3. 40 LIABILITIES ANDEQUITY LIABILITIES 215-20200ACCOUNTS PAYABLES1, 617.89 TOTAL LIABILITIES1, 617.89 FUNDEQUITY REVENUE OVEREXPENDITURES - YTD( 1,614.49) TOTALFUNDEQUITY( 1,614.49) TOTAL LIABILITIES AND EQUITY3. 40 [PAGE 8] CITYOFSTJOSEPH REVENUES WITHCOMPARISON TOBUDGET FORTHE1MONTHS ENDINGJANUARY 31, 2026 CHARITABLE GAMBLING PRIOR YTDAMOUNTYTD ACTUALORIGINAL BUDGETBUDGETUNEXPENDEDPCNT GENERAL ADMINSTRATION 215-41430-36210INTEREST EARNINGS( 4.62) 3.4025.0025.0021.6013.6 TOTALGENERAL ADMINSTRATION( 4.62) 3.4025.0025.0021.6013.6 RECREATION 215-45204-36230DONATIONS - MOVIEINPARK. 00. 00525.00525.00525.00. 0 TOTALRECREATION. 00. 00525.00525.00525.00. 0 TOTALFUNDREVENUE( 4.62) 3.40550.00550.00546.60. 6 FOR ADMINISTRATION USE ONLY8 % OFTHE FISCAL YEAR HAS ELAPSED02/ 12/2026 03:36PM PAGE: 10 [PAGE 9] CITYOFSTJOSEPH EXPENDITURES WITHCOMPARISON TOBUDGET FORTHE1MONTHS ENDINGJANUARY 31, 2026 CHARITABLE GAMBLING PRIOR YTDAMOUNTYTD ACTUALORIGINAL BUDGETBUDGETUNEXPENDEDPCNT RECREATION 215-45204-308COMMUNITY PROGRAMS. 001,617.891,945.001,945.00327.1183.2 TOTALRECREATION. 001,617.891,945.001,945.00327.1183.2 TOTALFUNDEXPENDITURES. 001,617.891,945.001,945.00327.1183.2 NETREVENUE OVEREXPENDITURES( 4.62)( 1,614.49)( 1,395.00)( 1,395.00) 219.49( 115.7) FOR ADMINISTRATION USE ONLY8 % OFTHE FISCAL YEAR HAS ELAPSED02/ 12/2026 03:36PM PAGE: 11 [PAGE 10] City of St. Joseph Park Board 2026 Capital Improvement Budget Summary Adopted December 1, 2025 General Funds Balance Park Dedication Cash January 31, 2026 $ 18,984 (Unaudited, cash balance) Adjustments Starting Balance $ 18,984 2026 remaining revenues $ 37,390 Other revenues remaining $ - Potential Projects: Potential Proposed Millstream Cottages-phase 2 $ 23,400 Sunset Ridge-phase 2 - 4 lots $ 2,000 Ending Balance for 2026 $ 56,374 Projects - Budget PY Balance 2026 2027 2028 2029 2030 Total 26-30 PTR-01 (Millstream) $ - $ - $ - $ - $ - $ 593,000 $ 593,000 PTR-02 (Northland) $ - $ - $ - $ - $ - $ - $ - PTR-03 (Klinefelter) $ - $ 300,000 $ - $ 25,000 $ - $ - $ 325,000 PTR-04 (Wobegon) $ - $ - $ - $ - $ - $ - $ - PTR-05 (Memorial) $ - $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,000 PTR-06 (Centennial) $ - $ - $ - $ - $ - $ - $ - PTR-07 (Monument) $ - $ - $ - $ - $ - $ - $ - PTR-08 (Hollow) $ - $ - $ - $ - $ - $ - $ - PTR-09 (Cloverdale) $ - $ - $ - $ - $ - $ - $ - PTR-10 (Rivers Park) $ - $ 2,500 $ - $ - $ - $ 630,000 $ 632,500 PTR-14 (Dog Park) $ 4,151 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 5,000 PTR-15 (Skate Park) $ - $ - $ - $ - $ 360,000 $ - $ 360,000 Total $ 4,151 $ 304,500 $ 2,000 $ 27,000 $ 362,000 $ 1,225,000 $ 1,920,500 Projects - Actual Spent 2025 Spent 2026 PTR-01 (Millstream) $ 6 3,690 $ - fencing Millstream softball field Other 25 Expenses Budget: 2026 YTD PTR-02 (Northland) $ - $ - $ - $ - PTR-03 (Klinefelter) $ - $ - ADA play equipment PTR-04 (Wobegon) $ - $ - 2025 Revenue Budget: 2026 YTD PTR-05 (Memorial) $ 2 ,554 $ - Schneider Field funding Interest $ 7,500 $ 147 PTR-06 (Centennial) $ - $ - Round Up $ 200 $ - PTR-07 (Monument) $ - $ - GF Levy $ 50,000 $ 268 PTR-08 (Hollow) $ - $ - Transfer $ - $ - PTR-09 (Cloverdale) $ - $ - Grants $ - $ - PTR-10 (Rivers Bend Park) $ 5 50,508 $ - Nature signs Donations $ 105 20,000 PTR-14 (Dog Park) $ - $ - Dog park projects Surplus Property $ - $ - PTR-15 (Skate Park) $ - $ - Park Dedication $ - $ - Total $ 6 16,752 $ - 25 Dog Park Donation Budget: 2016-2026 pavers/treats $ - $ 1,149 cash $ - $ 7,229