HomeMy WebLinkAboutExhibitCoconut Grove Business Improvement Committee Proposed BIC Operating Budget FY'09
October 20WSeptember 2809
Approved by Oty Commission Sept 20018
Parking Waiver Revenue, FY 09 Revenue and City of Miami General Fund Revenue and Expenses
Revenues
Parking Waiver Revenue r $394,000
Less:
Sub -Total Parking Waiver Revenue
Contribution from Cuty of Miami General Fund
Revenue
Expenses
Administrative Expenses
Staff salaries and related insurance
Office rent and utilities
Licenses, fees, dues
Website
office Equipment and office supplies
Contigency -
Sub -Total Administrative Expenses
Other Expenses
Sanitation
Security
Sub -Total Other Expenses
Parking Waiver Revenue Allocation for Marketing
Parking Waiver Revenue Allocation for Events
Total Parking Waiver Fund Expenses
Balance - Parking Waiver Funds
Reserve (10% Contribution to
Parking Waiver Trust Fund $39,400
$354,600
$200,000
$554,600
$115,800
$45,000
$3,000
$13,500
$12,000
$10,700
$200,000
$48500
$149,500
$198,000
$144,000
$12,000
$554,000
$600
Parking Surcharge Revenue &Expenses
Oct. '08 - Sept. '09 $287,000
Total Surcharge Revenue $287,000
Expenses
Holiday Lights $100,000
Contingency $187,000
Total Surcharge
Infrastructure Projects $287,000
Balance of Surcharge Funds $
Special Events & Marketing Revenue & Expenses
Special Events and Supplemental Fees $25,000
Sidewalk Cafe Fees $62,000
Banner Fees $3,000
Parking Waiver Rev. Allocation for Marketing $144,000
Parking Waiver Rev. Allocation for Events $12,000
Total Special Events & Marketing Revenue $246,000
Expenses
Marketing
Fourth ofJuly Celebration
Grove Events
Holiday Decorations
Event Contigency
Total Special Events & Marketing Expenses
Balance of Special Events and Marketing Fund
AK
$144,000
$7,500
$84,000
$5,000
$5,500
$246,000
Coconut Grove Business Improvement Committee Proposed BIC Operating Budget FY'09
October 200&September 2009
Budget Amendment September 2009
Parking Waiver Revenue, FY 09 Revenue and City of Miami General Fund Revenue and Expenses
Revenues
Parking Waiver Revenue $394,000
Less:
Reserve (10% Contribution to
Parking Waiver Trust fund $39,400
Sub -Total Parking Waiver Revenue
$354,600
Income from 810 Assessments
$225,000
Contribution from Cuty of Miami General Fund
$200,000
Revenue
$779,600
Expenses
Administrative Expenses
-_$77,360
Staff salanes and related insurance
$135,800
Officetand,uHlibes
;.._$38,000.:.
Licenses fees; dues
$274,500
.Websroe";$101300'...
"_$11,628
Offxe Equipment and 006 supplies
519,000
Cortugency��
Sub -Total Administrative Expenses
$260,800
Other Expenses
$ -
5aniratron -
_ -$13,000
Security, -
". $46,000.
Sub -Total Other Expenses
$59,000
Parking Woiver,Revenue Allocation for Marketing
_: $274,500
PariingWaNerReve�ueAllocationforEvents
Total Parking Waiver Fund Expenses " -�
$654,300
Balance - Parking Waiver Funds
$125,300
Parking Surcharge Revenue & Expenses
Oct. '08 - Sept. '09
$287,000
Total Surcharge Revenue
$287,000
Expenses
Holiday Lights '�
-_$77,360
Conduht
� $66,640
Valet Parking
$3,000
Hackett Landscape Design.
$274,500
Blue 5lgnage'. �;
"_$11,628
ContMgepq '
$58,712
Total Surcharge
Infrastructure Projects
$287,000
Balance of Surcharge Funds
$ -
Special Events & Marketing Revenue & Expenses
Special Events and Supplemental Fees
$25,000
Sidewalk Cafd Fees
$62,000
Banner Fees
$3,000
Parking Wajver Rev. Allocation for Marketing
$274,500
parking Waiver Rev: AOocathon for Events '
$60,000
Total Special Events 8, Marketing Revenue
$424,50,
Expenses
Marketing •
5274,50tl
Fourth of July Celebration
Grove Events
$121;000
FiolidayDeoaretions
_ $14,000 -
Event Contigency
$5,500
Total Special Events & Marketing Expenses
$424,500
Balance of Special Events and Marketing Fund $