HomeMy WebLinkAboutExhibitBAYFRONT PARK MANAGEMENT TRUST
Budget Template FY 2018-19 Proposed Budget
FY 2014-15 Actual
FY 2015-16 Actual
FY 2016-17 Actual
FY 2017-18 Budget
FY 2017-18 Projection
FY 2018-19 Proposed
Difference Notes
1
Number of Full -Time Positions
16
16
16
16
16
16
0
Are any positions funded in other budgets?
No
No
No
No
No
No
Revenues
A
Administrative Reveues
$860,152
$902,592
$688,770
$710,000
$714,000
$711,000
+$1,000
Special Events & Marketing Revenues
$4,654,145
$4,823,302
$7,095,754
$4,469,000
$5,330,115
$4,249,228
-$219,772
Revenue does not include the Ultra
Music Festival in 2019.
Maintenance Revenues
$0
$472
$3,147
$0
$0
$0
$0
Reserve Fund Transfer
$0
$0
$0
$2,178,705
$3,576,643
$4,302,500
+$2,123,795
Revenue Grand Total
$5,514,297
$5,726,366
$7,787,671
$7,357,705
$9,620,758
$9,262,728
$1,905,023
Includes $3,000,000 to the City's
General Fund
Expenditures
Regular Salary and Wages
$873,902
$940,850
$917,455
$1,096,896
$812,157
$1,029,953
-$66,943
One position established in FY
2017/18 was eliminated in FY 18/19
Fringe Benefits
$72,481
$83,623
$80,817
$97,763
$64,102
$92,013
-$5,750
slight decrease in payroll taxes
Retirement Contributions
$0
$29,793
$19,308
$135,268
$73,000
$83,408
-$51,860
Decrease concurrent with executive
director's lower salary.
Life and Health Insurance
$122,932
$116,249
$138,871
$161,248
$149,800
$161,248
$0
Workers' Compensation
$22,949
$20,835
$25,788
$22,000
$22,000
$22,000
$0
Professional Services
$1,875,177
$1,648,663
$2,726,324
$2,000,000
$2,176,000
$2,000,000
$0
Accounting and Auditing
$18,500
$18,500
$19,000
$22,000
$19,000
$19,000
-$3,000
Actual cost
Other Contractual Services
$464,008
$525,143
$833,381
$415,000
$587,000
$455,000
+$40,000
includes increase in both special event
cleaning and t-shirt security services.
Postage
$1,453
$1,635
$1,255
$3,000
$1,000
$1,750
-$1,250
Closer to actual expenses
Utility
$242,660
$286,842
$338,140
$515,000
$326,000
$375,000
-$140,000
Museum Park utilities estimated lower
than 2017/18 projection.
Repair and Maintenance Services
$926,652
$986,462
$938,604
$1,393,000
$776,661
$972,688
-$420,312
Dresease in: Museum Park; contracted
landscaper, security exp. Bayfront
Park; sewall cleaning
Printing and Binding
$0
$0
$0
$1,000
$0
$500
-$500
Advertising and Related Costs
$46,436
$7,043
$3,842
$36,000
$4,799
$9,000
-$27,000
Closer to actual expenses
Office Supplies
$6,053
$7,119
$6,119
$10,000
$4,000
$10,000
$0
Motor Fuel
$11,370
$8,774
$12,028
$20,000
$15,000
$18,000
-$2,000
Closer to actual expenses
Subscriptions, Memberships & Licenses
$1,835
$2,877
$2,063
$5,000
$2,000
$5,000
$0
All Other Expenditures
$957,179
$1,191,852
$1,120,219
$1,424,530
$1,298,603
$4,008,168
+$2,583,638
Includes $3,000,000 to the City's
General Fund
Budget Reserve
$0
$0
$0
$0
$0
$0
$0
Expenditure Grand Total
$5,643,587
$5,876,260
$7,183,214
$7,357,705
$6,331,122
$9,262,728
$1,905,023
Revenues Minus Expenditures
-$129,290
-$149,894
$604,457
so
$3,289,636
so
so
Printed: 9/4/2018 3:46 PM
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