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HomeMy WebLinkAboutComposite Exhibit ACOMPOSITE EXHIBIT A 1. Portion of minutes of April 22, 2019 meeting of the Board of Trustees of the Virginia Key Beach Park Trust ("Trust") approving Fiscal Year 2019-2020 proposed Budget; and 2. Budget Information from the Trust; and 3. Budget Template for Fiscal Year 2019-2020 for the Trust. VIRGUNUA KEY BEACH PARK TRUST 2019-2020 ProposeBudget Virginia Key Beach Park Trust 2018-2019 Adopted Budget 2019'2020 Proposed Budget Comments 449000 Projected Revenue $ 700.000.00 $ 770.000.00 FusUva|s, Sports Evenm, surcharge fees, vendor fee, Pavilion Rentals, Vehicle Entrance, Flied Trips, Summer Camp, Film/Photo Shoots, Weddings, Cabana Rentals Grant $ 65.000.00 $ 58`000D0 Carryover Funds Available $ 60.000.00 $ 28.000.00 City ofMiami Contribution $ 300.000.00 $ 300.000.00 Cash with Fiscal Agent $ 28.080.00 $ 1.002.000.00 2019U|tra Music Festival Total Revenue Projected $ 1.143.000.00 $ 2.150.000.00 Object ` Code �O1�-�O�O Projected ^ Expenditures 2018'2019 Adopted Budget 2019'2020 Proposed Budget �01S'�O2OPropmsadBud�et Details 512000 Administration Salaries $ 313.760.00 $ 342.000D0 Executive Director, Finance Coordinator, PIT Finance Assistant .xuministrahvc Assistant, Development Coordinator, EuvcaUon[Vb|un*e,Coordinam, &annva| staff salary increase 513000 Park Salaries $ 184.550.00 $ 187.700.80 Park Supervisor, 5Park Attendant, 2 cashiers, uSummer camp attendant, annual staff salary increase 521000 FICA $ 38.000.00 G 41.300.00 increase instaff 522000 ReUrementContributions- $ 17.000.00 $ 17.000.00 623000 Health & Dental Insurance $ 44.500D0 $ 45.000.00 Medical, Dental ' rfull time positions 525000 Unemployment Compensation $ 5.000.00 $ 5.000.00 524000 Workers Compensation $ 22'000.00 531000 Professional Services $ 2'500.00 $ 1.500,00 Mini Train & Carousel Annual State inspections and operating License 532000 Auditors $ 10.500.00 $ 11.000.00 2018/2019E*erna| Independent Audit 534000 Other Contractual Services $ 211.500.00 G 231.200.00 roAnniversary Gospel Festival, MILK Parade, /ww.M Conference, Aerial Photography, Event Parking Crew, Web -site maintenance, payroll services, seasonal janitorial vervices, seasonal police service, special event consultant, special project consultant, Marketing Consultant, park jockey, temp agency 534000 Other Contractual Services Grant $ 65.000.00 $ 50.000,00 Grant Match 540000 Travel per Diem - $ 6.000.00 $ 8.000�00 Ricxenuacxn,Causeway tolls for all employees and interns, training, seminars, work shop, oavo| miles 541100 Postage $ 1.500.00 $ 1.500.00 Events and fundraising mailings 541000 Communications & Related $ 5.000.00 $ 5.000.00 Hot Spot -Wire|ovo.phone Stipend 544000 Rent &Lease $ 52.500.00 $ 52.500.00 Office Lease, C0mCopier, porta Rosvnomo. Light Towers, Events operation equipment 546000 Repair and Maintenance $ 30.000.00 $ 30.000.00 Amusement rides maintenance & repairs, locksmith aervicnn, pest control, playground repair and maintenance, rextrnums sanitizing, concession stand maintenance, fire equipment inspection, parking lot lights. 547100 Printing & Binding $ 12.000D0 $ 15.000.00 Disc Golf maps &score sxeew, park map, cabanas, information, Media Package pavilion flyer, event sheet, wedding sheet, what muvinthe park, park map, banners 548000 Promotional Expenses $ 25.000.00 $ 25.000.00 MILK Parade, National Month day, VKBPT DvD'», souvenirs, T*hi¢Activity books, promotion fee for new event, banners, flyers, Fans, cups, water bottle, beach balls, life guard stand, photo booth, 5481UU Advertising $ 10.000D0 $ 10.000.00 media promoting events, Job Opening Adv. Other current charges and obligation $ 10.000.00 $ 13.300.08 Damage Deposit refund, Canco|otinn refund, meeting supplies, Volunteer Appreciation Picnic, Employee Holiday Luncheon 551000 Office Supplies $ 4.690.00 $ 5.800,00 Office supplies 552000 Operating Supplies $ 25.000.00 $ 28.000.00 2 computeo, z phones, 2dnuk. office space set up, Janitorial supplies, lumber, faucets, shvwomead, tools, water hose, extension cords, Grassroots Community Project, water, sunscreen, insect repellant, Tarp, Paint mStain, brushes, mno.ucrews.cvm towel 552200 Uniforms $ 4.000.00 $ 4.000.00 Sun Protection hats, Uniform t«xirto&pants, shorts, jackets, cash apron, raincoats, boots, 554080 Licenses, Subscriptions and Memberships $ 3.000.00 $ 5.000.00 Vehicle registration renewal, oERMannue| Fue. Miami Dade Chamber ofCommerce, Greater Miami ConvonUonand Visitors Bureau, COM computer license, Constant Contact, America Association vfGrants, American Assoc, orMuseum, rRPA 664000 Equipment and Furniture $ 12.000.00 $ 4.000.00 Light Towers, Riding Mower Budget Reserve $ 28.000.00 $ 1.002.000.00 $ 1,143,000.00 $ 2'150'000.00 Virginia Key Beach Park Trust Budget Template FY 2019-20 Proposed Budget FY 2015-16 Actual FY 2016-17 Actual FY 2017-18 Actual FY 2018-19 Budget FY 2018-19 Projection FY 2019-20 Proposed Difference Notes Number of Full -Time Positions 2 4 5 6 6 6 0 Are any positions funded In other budgets? no no no no no no If so, how much is in this budget? no no no no no no If so, how much Is In the other budget? 0 0 0 0 0 no Revenues".. ., Park Revenue $615,112 $643,100 $716,800 5700,000 $700,000 $770,000 +570,000 Grants $0 $0 $0 $65,000 $65,000 $50,000 -$15,000 Ultra Music Festival $0 $0 $0 $0 $1,000,000 $0 $0 Cash with Fiscal Agent $0 $24,170 $25,000 $28,000 $28,000 $2,000 -$26,000 it of Miami Contribution $0 $150,000 $300,000 5300,000 $300,000 $300,000 $0 Fund Balance Carr over $94,352 $53,100 $25,000 $50,000 $50,000 $1,028,000 +$978,000 Revenue Grand Total $709,464 $870,370 $1,066,800 $1,143,000 52,143,000 52,150,000 $1,007,000 Expenditures .',. Regular Salary and Wages $184,723 $213,885 $371,200 $313,760 $310,000 $342,000 +$28,240 Other Salaries /Park $95,613 $152,138 $179,740 $184,550 $185,000 $197,700 +$13,150 Fringe Benefits $0 $0 $0 $0 $0 $0 $0 FICA Taxes $21,136 $28,075 $42,200 $38,000 $38,000 $41,300 +$3,300 Retirement Contributions $0 $0 $20,300 $17,000 $17,000 $17,000 $0 Life and Health Insurance $26,172 $25,413 $55,000 $44,500 $46,000 $45,000 +$500 Workers' Compensation $0 $0 $0 $22,000 $0 $0 -$22,000 Unemployment $0 $0 $5,000 $5,000 $0 $5,000 S0 Professional Services $23,370 $22,151 $4,000 $2,500 $1,500 $1,500 -$1,000 Accounting and Auditing $9,500 $9,500 $10,500 $10,500 $11,000 $11,000 +$500 Other Contractual Services $124,351 $148,550 $137,000 $211,500 $214,000 $231,200 +$19,700 Other Contractual Services - Grants $0 $0 $0 $65,000 $65,000 $50,000 -$15,000 Travel and Per Diem $3,152 $6,736 $10,000 $6,000 $5,000 $8,000 +$2,000 Communications and Related Services -$2,942 $4,958 $5,000 $5,000 $4,000 $5,000 $0 Postage $347 $355 $2,000 $1,500 $1,000 $1,500 $0 Rentals and Leases $49,165 $51,364 $56,360 $52,500 $50,000 $52,500 $0 Repair and Maintenance Services $20,312 $38,468 $30,500 $30,000 $70,000 $30,000 $0 Printing and Binding Outsource $2,955 $G,231 $8,000 $12,000 $10,000 $15,000 +$3,000 Promotion Expense $28,191 $40,163 $30,000 $25,000 $25,000 $25,000 $0 Advertising and Related Costs $1,158 $4,400 $5,000 $10,000 $10,000 $10,000 $0 Other Current Charges & Obligation $6,185 55,038 $7,500 $10,000 $8,000 $13,30u +$3,300 Office Supplies $3,219 $3,461 $4,000 $4,690 $5,000 $5,000 +$310 Operating Supplies $18 037 $59 654 $38 000 $25 000 $25 000 $28 000 +$3 000 Motor Fuel $23 $0 $0 $0 $0 $0 $0 Uniforms/clothing $355 $3,894 $4,500 $4,000 $3,500 $4,000 $0 Landscape Related Supplies 50 51,206 $0 50 $0 $0 $0 Subscriptions, Memberships, and Licenses $3,065 $2,630 $4,000 $3,000 $3,000 $5,000 +$2,000 Equipment & Furniture $12,057 $796 $12,000 $12,000 $8,000 $4,000 -$8,000 Improvement other than building $0 $20,140 $0 $0 $0 $0 $0 All other Expenditure $2,050 $600 $0 $0 $0 $0 $0 Budget Reserve $0 $24,170 $25,000 $28,000 $28,000 $1,002,000 +$974,000 Expenditure Grand Total $632,194 $873,976 $1,066,800 $1,143,000 $1,143,000 $2,150,000 $1,007,000 Revenues Minus Expenditures Printed: 7/29/2019 10:52 AM $77,270 -$3,606 $0 $0 $1,000,000 so $0 Page 1 of 1