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HomeMy WebLinkAboutExhibitParking Waiver Revenue, FY 06 Revenue, & City of Miami General Fund Revenue, and Expenses Revenues Parking Waiver Revenue Less: Reserve (Contribution to Parking Waiver Trust Fund) Reimbursement of '05-'06 Contribution from Trust Fund (5D% of $75K) Sub -Total Parking Waiver Revenue Encumbered revenue from FY 06 budget Unencumbered revenue from FY 06 budget Contribution from City of Miami General Fund Revenue Expenses Administrative Expenses Staff salaries and related insurance Office rent, equipment, and utilities Licenses, fees, dues, miscellaneous, website Management Fees (DOSP) & Minutes Sub -Total Administrative Expenses BID Formation Process BIC to BID consultants (FY'06 encumbered expense) BIC to BID Strategy Sessions and Marketing BIC to BID Contingency Fund Sub -Total 'BM Formation Process Expenses Holiday Lighting (FY '06 encumbered expense) Parking Waiver Revenue Allocation for Marketing Total Parking Waiver Fund Expenses Balance - Parking Waiver Funds Coconut Grove Business Improvement Committee BIC Operating Budget FY '07 October 2006 - September 2007 Approved by full BIC 9-15-06 $ 363,199 i 50% $ (181.600) (37,500) $ 144,099 $ 125,272 $ 25,710 $ 200,00D $ 495,081 $ 115,800 22,300 12,700 36,000 $ 186,800 $ 75,000 10,000 10,000 $ 95,000 $ 50,272 $ 163,009 $ 495,081 $ 0 Coconut Grove Business Improvement Committee BIC Operating Budget FY '07 October 2006 - September 2007 Approved by full BIC 9-15-06 Parking Surcharge Revenue & Expenses Oct '06 - Sept. '07 Refund to City from '05-'06 Total Surcharge Revenue Surcharge Infrastructure Expenses Street slgnage Street Lighting (20 yr.) Financing Street & Sidewalk MarnL & Trash Parking Study Contingency Total Surcharge Infrastructure Projects Balance of Surcharge Funds S 244.172 (8,265) $ 235,9081 Special Events & Marketing Revenue & Expenses Special Events Supplemental Fees Sidewalk Cafe Fees Banner Fees Parking Waiver Rev. Affocalion for Marketing Total Special Events & Marketing Revenues $ 55,000 Expenses 19,396 Total Special Events & Marketing Expenses 71.012 30,000 Balance of Special Events 60.500 and Marketing Fund $ 235,90e $ 0 $ 49,735 62,300 3.000 163.009 L $ 278,044 $ 27a,o44 f $ 0