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HomeMy WebLinkAboutExhibitWynwood Business Improvement District City of Miami Budget Template FY 2011-12 Actual FY 2012-13 Actual FY 2013-14 Actual FY 2014-15 Budget FY 2014-15 Projection FY 2015-16 Proposed Difference Notes .i+;� `:.yiY'IryY.;}'9Li.:�'�,Y �a�tirle�'FL�'1� Revenuees.'+ r. it;i "p, _ ysS L ",wl J . ..� v__..W....� . �. _�,.. �. .._ .. . v,.. 'pit t Pa < a's ..�' 4 4 .r. � r a. � �..�2aS .....,.,,..,� .., a... �`ni,1' t. I :� . ,"4..,T..,„�i'�x 1. �.la'.e:..,gqff h h .Y. 5 f. r� � h� h I. �... , 4.:?r �e,'PYF �,,.�.1 ...., 5.'...l�,A ,� -.:- t a3 � ':'¢ kr�`,'? � S aU `3 Jn )k ,..ss:f ..Tut s. $676,011 ,.. r , �. u, . "n.., ,�, ..1. "ri tom.. Lt, . � T, ,Y'���..,�:,n.. _�'v:. .;,: ^W.,. C- ,s'ti.. -ri'. �,.ti �. Y��N'�i fir"" w4�.S+i.rcl�"�, .,:: 5! ,.. , �I,.n�.:�fse4.(4,fd1� BID Assessments .,-i ..: .v ....v s..., $726,409 $708,564 +$32,553 Collections Deferred $0 $0 $58,000 +$58,000 Surplus Funds (First Year Operating) $369,789 $0 $0 -$369,789 The Reserve in the amount of $369,789 is the result of the expected surplus in the Wynwood first year of existence. The Wynwood BID is almost 50% under budget in operational expenses because it only started to operate fully once the B1D hired the Executive director in February 2014 (Five months into the fiscal year). Revenue Grand Total $0 $0 $0 $1,045,800 $726,409 $766,564 -$279,236 $0 ExpendrtOrO t' k ` 1"'4..i,, 5 .- .}._r. .. 1. r..,Y _.! I. i _.:i . I "'4�.�.�SF; t .s.,: . i.. :� 3 N .:.:.. P. � . -.. ,C+ .! 'u 10. M..�j 1.,.wvi�lG. ,�:,' .,, l�c.M , v . r. 4 ,. .,. ,Yamy:xl?Ye...11y , S � .;4a.r&,.;8;.?�3 .. ' �ax �r', � 'd,i„�:.; aa.» , ,: � :. �. � �!.i'r^Cf �i rc......A 4 ,..v_'i., $ Ia•; i.. ,.�.r ' !>. ,,, r.'..... A E q+ �'. ju�'ll * 4 `S ..".,Y�, 7� , el"� V...r �,. .3e,.. SY '!, ,. ra,.r h`A 1 TSF.h. .','k.: ✓ W... .nz.Y��� n � re ;. Mn ;9'NN::kti �f4.. *' {Jl'..., ,.. , '<•. . 1.y',�!nI 1 3 wAi. r -. re. j�1i'�+a �.AE �� 1,.. �, :A41000.145 �� �f ': Regular Salary and Wages $130,000 $155,000 $152,000 J.:pr�h� I'*.\4W +$22,000 3'69,n°k . ��TMl� �lirC Fringe Benefits FICA Taxes - - Retirement Contributions Life and Health. Insurance Workers' Compensation Professional Services - Legal Professional Services $100,000 $57,275 $99,450 -$550 Accounting and Auditing OtherContractualServices $266,000 $257,365 $300,000 +$34,000 Travel and Per Diem Communications and Related Services Postage Utility Rentals and Leases $22,000 $23,940 $22,752 +$752 Repair and Maintenance Services Printing and Binding Advertising and Related Costs $200,000 $130,000 $100,000 Office Supplies $19,000 $5,907 $720 -$18,280 Operating Supplies Motor Fuel Public Safety Supplies Subscriptions, Memberships, and Licenses Interfund Transfer Capital Projects and Purchases All Other Expenditures $172,000 $100,970 $45,820 -$126,180 Budget Reserve Expenditure Grand Total $0 $0 $0 $909,000 $730,457 $720,742. -$188,258 $0 Revenues Minus Expenditures -$90,978 $0 Printed: 8/3/15 9.06 AM Page 1 of 1