5.0. EDSR CHECK REGISTER 06-10-1996 AglikFIPA4CIAL SYSTEM CITY OF ELK R.UEP
'/96, 13:30 Check Resister GL540R-VO4.30 PAGE 5
BANK VENDOR CHECK# GATE AMOUNT
EDA BANK OF ELK RIVER #020407
013005 CORPORATE REPORT MN 1174 05/20/96 973.50
013836 E C M PUBLISHERS INC 1175 05/20!96 216.89
021810 OFFICE DEPOT 1176 05/20/96 9.01
024925 U S NEST COMMUNICATIONS 1177 05/20/96 57.15
BANK OF ELK RIVER #02040.7 1,256.55 ***
• FINANCIAL SYSTEM CITY OF ELK RIVER
05/31/96 11:13 Check Register GL540R-VO4.30 PAGE 2
BANK VENDOR CHECK# DATE AMOUNT
EDA BANK OF ELK RIVER #020407
022225 POSTMASTER 1178 05/31/96 13.59
BANK OF ELK RIVER #020407 13.59 ***
STATEMENT OF FINANCIAL ACTIVITY
FOR THE EDA,MICRO AND DTED LOAN FUNDS
III
FOR THE PERIOD MAY 31,1996
ECONOMIC DEVELOPMENT AUTHORITY
1996 Month to Year to
Budget Date Date
Cash Balance 105,259
Revenues
Property Tax 73,840 - 1,702
HACA 12,060 - -
Refunds&Reimb. - - 1,054
Interest Income - 283 1,194
Total Revenues 85,900 283 3,950
Expenditures
Personal Services 42,850 74
Supplies 800 43 263
Other Services&Charges 45,350 3,932 17,953
Transfers 1,000 - -
Total Expenditures 90,000 3,975 18,290
. MICRO LOAN FUND DTED LOAN FUND
Month to Year to Month to Year to
Date Date Date Date
Cash Balance 132,319 65,056
Revenues
Application Fees - - - -
Interest Income 514 (1,534) - -
Loan Payments 11,241 46,501 5,182 15,546
Total Revenues 11,755 44,967 5,182 15,546
Expenditures
Loans - 37,500 - -
Legal Services - 478 - -
Total Expenditures - 37,978 - -
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Status of Micro Loans as of June 7:
Business Current Business Current
Alltool Grant N Pomeroy Tool Y
Roma Tool Grant N Designing Women Y
Second Generation N Tescom Y
Indy Lube N Larose Y
Beaudry N Water Laboratories Y
R&D Sales Y E R Automall Y
• Mork Clinic Y
Y T J Properties N
Americlnn Galli Vaulth Hearth Y
Carpe Kairos LLC N Internet 5 Y