HomeMy WebLinkAboutExhibit AWynwood BID
City of Miami 2022-2023
Budget:
WYNWOOD BID
FY 2022.23 Proposed Budget
Number of Ful[-Yoe
FY 701$-19 Actual I FY 2019-20 Actual I FY 2020-21 Adam! I FY 2021-22Adopbed I FY 2021-22 Projection I FY 21322-23 Proposed I
5
5
5
4
Difference I
Nvtes
5658561
5774,407
$766,000
$778,292
$850,I100
$84.000
W23, The Wynwood MD will continueto use Miami Dade County for theallection of annual assessments, wfth al% charge, far annual assassm0Dt calleR[pns,totaing$850,000. The Wynwood
210 currency has about 156« property owners, within the 59-block OistdR.P022- The Wynwood BID t011ected over PO% of assessments, urn use 0 Miami Bade Counrysannual tar roc prior=
the County deadline an April 1st, thw a0viding having to tofufer fonds from accounts to hd911 BID operation expenses The following races apply Ad. Ground Floor Rate ti/ $0.24 sq. ft, Upper
Floor Pare 54/0 a s4R There was $820K billed-$24K net disc ounts(penaidesl x95% expected collections, and collected $617,l49 for arrant assesmen0 as of 32721
Folio Assessments
$722,540
Deferred Collections
$5,473
SO
50
$175,000
$67,068
$50,000
-5125,000
F1023: The Wynwood MD have collected are expected to try to collect the remaining assessments from 20132021, now Mat Miami Dade County will be cog...gum Ad Valorem tan rolls The BID
toaing$67,068. F822: Based on previous annual trends, the Wynwood BO meals to collect apprmwnately535K, In assessments placed from 2013-2021-Please note that the Wynwood BD has
collected 5350403 in put dueassessmems since 2010, whist is the la,gmt mleeien of past assessments due t0 imldative by BID, idly of Miami Legal and Booldmepine.3ce.
Tree Trust/Parking Trust
Fund and Public Benefit
Trust Fund
$156,100
$120,900
$466,000
$394,909
$1,253000
$366,000
$0
FT23: The Wynwood 610 has conservatively proles. $360K tar parking w010810 his coming year. FT'22: The Wynwood BID are expected to collect 51176A00 by the end of thisf amt year Tor
potential packing waiversas per proja. that have 1etdned a parking waiver application- Please now. budgeted Parkhm Waiver Pees reflect net of 10% contribution to the Parking Waiver Trust
fund as required by Gty Ordinance 1,350 Bach spare Is svrreutly Priced at $12000 per space. 000dn8 waiver nopense uses Ore resbtded in nature..
Interest Income
$0
$3,130
$19,240
$0
$1,400
$35,0170
$35,000
FY'23: As per the recent appr0vai of the Wynweod Pubic RenetlTmu Fund in Fy22, the Wynwood BID cull be deposbmg funds that are currently at the City of Miami, to be put to work on an
inIefe0t earning account, in tandem with the Parking Trust Fund and Tree Trust Fund Aunts, thus why the target estimation Tar the coming year.The eslimate we have received are about 6%
returns, wet ihtleto no risk to principle once opened in 2073.F1'22: The Wynwood BID currently has$14,000In the Wynwoo5Trea Trot earning S.65a month, and 51,197,000in Parking Trust
Fund that averages 5110.71 yearly, based on recent deposit.
Revenue Grand Total
5003,813
$781,641
$1,231,647
$1,325,600
52,113,760
51101,000
.541,000
Expenditures
Office Slafi Salary and
Wages I31
$209,865
$221,500
$249,500
$251,500
$259,606
$249,000
-52,500
P023: Nobnueases have been scheduled, in light ofarnuml pedormenceevaluation that occurs yewdy. F822: On lune 3,2o21ED received a perform ce-benusfur a perfect anneal
performance review, for the 12th year in a row, totaling525K. Manny Gooazler, Exeo9ve Director was hired May/5,2017 andr0relved an igaease in salary to $131,500, in 4°00[2020.P Jeer
Mgr:F!'23:Proposed mareae for Project Coordorahor ha been included for the next fiscal year, itt light 0f promotion In prior year to Project Manager.F3'22c Project Mgr currently earns $550,
as oer increase duet= exceptional evaluation m Audi 2022 and rsrtiv. a 5500 bonus every December. Marketing. Mgr position has been minim since Aor122, and scheduled to be re -hired at
Clean Team Full Time
Personnel DI
$70,000
570,0W
$70,000
$73,000
$73,120
$73,000
M323: The Wynwood BID currently contracts 161 clean team members totaling appradmahely 150-170 weekly hours, seven days aweek, and areal Marge of cleaning the meria.s 47 feWtk Ob.._
Two of the deaners are currently slated as full time workers, each earning ME and 42K respectively, after working for the Bl0fdr 100ye415. Budget will remain Walt thresholds&tem effldsan
management by Project Manager of the program and hours used by staff.
FICA Tames
$10,500
$25,000
$26,500
$28,000
$24,451
529,000
$0
FN23; Average payroll tams are 51,43L70 for payroll taxes for {3)office Soft and dean team staff members through 31 weeks. Remaining 2lwedo should total less since Chums Hoffman has
left the MO as ofa/18/23.1172: Average payroll taxes per month were above the budgeted totals hedgded this Toe. year by 53,521, due to being -last year of additgnal in-house staff working
at BID office.
life aril Health Insurance
$11,177
$12,500
$]2,972
$13,500
$$,500
$14,DOD
5590
me oaffaverages$1,038mmuhy, however Chris Hoffman left the
FT23: The average healthcare invoice for Linked Health total Is$1,038 per month. FY22 Average He0Ohcare for fell -lime staff
Wynwood BID w April xOxx,thus the Uvular have been cut in hag since 5/22.
D&O Insurance
$11,500
$12,060
S12,507
513,500
513,052
513,000
-5500
FT23: Wynwood MID will budge[ 513,500 for nawfiscal year, as required by Wynwoad BID Ordfnanro suite We have increased the number of Board Members In Fy2L Fy21: The annual 08,0
Insurance LW:0lly Monthly Premium totaled 512,972 forthis current fiscal year, this the BID win increase budget amount, since we have now added two additional Wynwood Boardof Director's.
Wynwood BIB renews polity in January 2002 and will pay the entire year upfront versus monthly.
Accounting and Annual
AudlFing
$51,500
559,000
559,500
$59,500
$59,100
$50,600
5555
FT23 -The Wynwood BID currently has a professional services agreement with COG totaeeng 54,000 a month fro the annual collection of assessments and bookkeeping services for the Wynwood
BID. An Annual Tor Report and Monthly Financials are also provided to the RID for the Board of Dirermrs to review. F121: The bookkeeping and assessmeud erpeuses went from 53,1K10
monthly to ADM. pef $FCI D1-202019 released in lst quarter of 2019 and evaluated July 2019.
Training
$2,000
50
50
$0
$0
$0
50
Contracted Lobbying
Servi[CS-ShLitts BOWen
$0
$4,500
$6,000
56,000
$6000
$6,000
50
FY23, Asof Desenber 2028. the WynwoodND has hired Shwa and Bowen as a lobbyist group for the Wynwood Bill The dues are S500 per month totaling56A00.
Office Rent
575,211
$57,300
$75,252
548,000
$67,600
$60,000
512.000
FT23: The Wynw00d 510 wiRseek to move to SentmlWynwoodl0oted at 91NW26 SC to a larger space tmn11ng 2,100 square feetfor a monthly total of 55800 per month- They wog require
securgydeposit of 515,000 whidrisinduded in 3Y'22 hedger_ Fy'22 As of September 1, 2021theWynwood BID will incur an a001121 Increase to$4,2GOper month increase from previous total 0f
53,500 per month. as per 2nd year agreement with Ianc1ord
Advertising and Related
CUSS
326e,600
$I90,9f15
$245,329
$362,000
5153,065
$362,C00
$0
F122. The Wynwood RID will seek an Increase in expenditures for next Mail yea, for the bundling of PR agency, social media and photography. There b an 000 that Is currently he released to
the public as of8.L2L Services are to help promote and assist the business.. The BID will also release special event small grants to amis.. business. vsith permMed eventsihatenntribute to
the Dietrich (722: The Wynwood B1D has been paying 56A00 for PR services and expect=he under budget due to the cancellation of agreement al lone 2022, in adrift[ on to theyacanry of the
marketing coor:Gnator postion in April 2022. thus Whvwe mg., these line items= be under budget-
streetrcape
$0
$0
$0
$60,000
$79,062
$81,000
SLAW
FY'23: The FM) will seek in put from the Roard to continue[ nislles from previous year and/or add additional terns for the Cpmmundy. FT'22; The Wynwood 310 donated 55,000 for the Cityof
Miami Code Enforcement round metersand recording cameras, as per commitment bythe Wynwood BIB, be. Wynwood Noise Plot Program that passed first rearing on 721.22, also introduced
small matching grants totaling 550.000 and a retail study scheduled for 4th quarter of risme year.
Subscriptions,
Mem6eY5hfp5, and Licenses
$10,908
S12,621
$8,500
$11,121
$12,500
514,000
$2,879
FT'2311n light of totals from previous Fast year, the BID will budget a slightly highertot0 for new subscriptions whir Visit Florida_ GMCV0, fn addition to PayChex Pees, office CLi, Microsoft Office
and Adobe. FT'22-The annual totals are currently at$12,5Wbut without the new Subscriptions for GMCVB and Visit Fbrida. 316 also pays for parking for dears am members, in addition to
al Gty and County dues
Equipment &Furniture
$e,020
$25,500
$1I,000
514,2133
$13,500
511,000
-$3,200
FY'23. The Wvnwned RID cull allocate funding for new equipment in the office, and the eeation of a network for the OMte, so staff can share material efficiently. Fy2L The Wynwood BID lent
14115 increased to$20,0W to preemptively prepare for the proposed moving rf office in Reny 2020. We also purchased a podium that i5 the same one that McCatyal Miami uses,in add -lion to
wall art.
Capital Proje1tS
5235,870
$219,264
$251,152
$247,600
$372,189
$205,000
-542,800
FT23: The Wynwood DM areetpecting to con -tin ue donations to the Cry of Miami Pole Department, procurement of signage and infrastructure panning train studies. rubber mulching and
other items of need for our coromuntry. We are aka srhedded to donate $8 MAW to the Police Oepar[mentfor additional cameras and license plate readers, which now exceeds 53E0,000 since
we began this iniriakle iy'72: The Wynwood BID donated$250,W0 versus the originally scheduled total of$108,000tothe Cory of Miami Poore Department to expedfto coverage for the Disbic[
prior to Basel22. VMS sbgnage installations were also donated to the PO department that were not budgeted. $12,000 in rubber mulcting Installations throurgueut the Oistnct to a00id trigood
fall rases for the Gty of Miami. The Wynwood BID also installs bannersthro1ghout the District on street thoroughfares throughout the year.
Security Initiatives
$9,924
$640
$0
$0
$D
$0
50
Clean Team 000001ted and
Supplies
$1I8,619
$106,171
$11.3 155
$116,879
$105,067
$125,aW
$0,121
FY'23: The Wynwood ll0 currently contracts f61 dean team members totaling approximately 150170 weekly hours, seven days a week, and are in charge 0f grinning the District's 47 block District.
TheWynwood MD von freshen.our office wt en the Omni CRA clean team, as per agreement ED's of both organ100007s in Mery 2022 The BIDw1l 4es so continue to transfer sem.to
the Gty of Miami Purple Sbidteam that the Omni CRA uses Fy'22 • The Wynwood RID currently has {7J clan beam personnel, worxurg approximately almoa 200 hours per week for the cleaning
of the47 black D.D. seven days a,aeet
Expenditure Grand Teter[
$1,062294
$1,016,901
$1,141,367
$1,325,0110
$1,276,811
$1,301,000
.524,000
Revenues Minus Espendlalre
-$175,481
-$235,210
$324290
$0
$835,949
$0
Wynwood BID 2022-2023
Detailed Budget:
Wynwood Business Improvement District "BID" Budget 2022-2023:
•
INCOME:
Approved 2022
Income 10.1.21
Proiected Income
Proiected
Proposed 2023
Comments:
Budget
to 5.3.22
5,4.22 to 9,30.22:
Income FY22:
Badaet:
BID
Assessments:
$ 766,900
$ 696,292
$ 60,000
$ 775,292
$ 850,000
FY'23: The Wynwood BID will continue to use Mann Dade County for the coleclon of annual assessments, with a 1%charge, for annual assessment collections, totaling $850,000. The Wynwood
BID currently has about 150+ property owners, within the 50-block District FY'22 - The Wynwood BID collected over S0%of assessments, via use of Miami Dade Cou ty's annual tax roll prior to
the County deadline on April 1st, thus avoiding having to transfer funds from =omits to fulfill BID operation expenses- The following razes apply Adj. Ground Floor Rate $0.24 sq. ft, tapper
Floor Rate @a! 0.12 sq_ it Them was $820K billed -$24K net discounts/penalties) x 95% expected collections, and collected $617589 for current assessments as of 5.2721.
Deferred
Collections:
$ 175.000
$ 60,000
$ 7,068
S 67,068
$ 50,000
FY'23: The Wynwood BID have collected are expected to try to collect the remaining assessments from 2613-2021, now that Miami Dade County will be collecting via Ad Valorem tax rolls The BID
totaling $67,068. FY'22. Based on previous annual trends, the Wynwood BID expects to collect approximately $'35K, in assessments placed from 2013-202L Please note that the Wynwood BID has
collected $350,403 in past due assessments, since 2019, which is the largest collection of past assessments due to initiative by BID, City of 1vliami legal and Bookkeeping office.
Thee crust
Fond
$ 24,090
$ -
$ 93,000
$ 93,000
$ 6,000
FY'23: The Wynwood BID currently has a tree trust fund with the City of Miami, that is currently housed at Bank OZK, totaling $14,000, however since no funds were collected in previous year the
BID will lower its estimated income. FY'22: The Wynwood BID expected to collect a conservative estimate of$24,000, which equates for 6 total trees, that equal $3,000 per contribution, however
none were processed by the City of Miami. Inc City of Miami currently has $20K in their account that has not been transferred to the 13ID.
Restricted -
Parking
Waivers:
$ 350,000
S 84,000
$ 1,092,000
$ 1,17fi 000
$ 360,000
FY'23: The Wynwood BID has conservatively projects $36066 far parking waivers this coming year. FY'22: The Wynwood BID are expected to collect $1,176,000 by the end of this fiscal year for
potential parking waivers, as per projects that have executed sparking waiver application, Please note_ budgeted Parking Waiver fees reflect net of I 0% contribution to the Parking Waiver Trust fimd
as required by City Ordinance 13556. Each space is cummtly priced at$12,000 per space. Parking waiver expense uses are restricted in nature..
Interest
Income Tree
Trust, Pub Ben.
& Trust Fund
$ -
$ 660
$ 740
$ 1,400
$ 35,000
FY'23: As per the recent approval of the Wynwood Public Benefit Trust Fund in FY'22, the Wynwood BID will be depositing funds that are curreinly at the City of Mums to be put to work on an
interest earning account, in tandem with the Parking Trust Fund and Tree Trust Fund Accounts, thus why the larger estimation for the coming year. The estimates we have received are about 6%
returns, with litre to no risk to principle once opened in 2023. FY22: The Wynwood BID currently has $14,000 in the Wynwood Tree Trust earning $.66 amoath, and $1,197,000 in Parking Trust
Fund that averages $116.71 yearly, based on recent deposits.
Total Income:
$ 1,325,000
9 840,952
$ 1,272,808
$ 2,113,760
$ 1,301,000
EXPENSES:
Approved 2022
Expense 10.1.21
Praiected
Final Proiected
Proposed 2023
Comments:
Budget
to5.3,22
Expense 5.4.22 to
Expenses
Budget:
9.30.22:
FY'22:
Clean Team
$ I88,000
$ 104,941
$ 73.126
$ 178,067
$ 030 00D
FY'23 - The Wynwood BID will be sharing our office with the Omni CRA clean team, as per agreement between En's of both organizations in May 2022_ Inc BID will also continue to transfer
services to the City of MGami Purple Shirt temp that the Omni CRA uses. The BID will commit to pay for nay fas associated with the transfer, if approved by the Board and City of Miami. FY'22 -
Ilse Wynwood BID currently has (7) clean team personnel, working approximately almost 200 horns per week for the cleaning of the 47 block District, seven days a week_ Budget will remain with
thresholds due to efficient management by Project Manager of the program and hours used by staff.
Marketing &
Advertising:
$ 362,000
$ 53,712
$ 128,500
$ 182,212
$ $61,600
FY'23: Inc Wynwood BID will seek an increase in nwendithres for next fiscal year, for the bundling of PR agency, social media and photography. Them is an RFP that is currently be released to the
public as of 82.21. Services are to help promote and assist the businesses_ The BID will also release special event small grams m assist our businesses with permitted events that contribute to the
District. FY'22: The Wynwood BID has been paying $6,000 for PR services and expect to be under budget due to the cancellation of agreement in June 2022, in addition to the vacancy of the
marketing coordinator position in April 2022 thus why we expect these line items to be under budget
Office Staffing
$ 251,500
_
$ 150,545
$ 109,061
S 259,606
$ 248,700
Fl^23: Please note that Wynwood staff consists of (3) full -lime personnel for the maintenance of a47 block District, which happens to be the busiest neighborhood within the City of Miami, when it
comes to visitors, events and tourism. The Wynwood BID has reflected increases for promoted Marketing and Project Manager for Wynwood. FY22: The Wynwood BID is over budget on Executive
Director line item due to performance annual evaluation, which was the 12th straight for E➢., in May 2022. Project Manager was also given a raise to $55,000 and the Marketing Coordinator position
was vacated in April 2022.
Office
Operation
Expenses:
$ 195,700
$ 123,567
$ 82,109
$ 205,676
$ 206,700
FY'23: The Wynwood BID's list of expenses are far office utilities, equipment and supplies, rent, furniture, D&O insurance, FICA, Health cam, Licenses, Bookkeeping and annual audit dues_ FY22:
- Inc Wynwood BID office suffered a catastrophic flood in November '21, where thousand's of dollars in damages oeecurecl, in addition to the $15,000 deposit scheduled to be paid to the new landlord
in August 2022, which is part of the new BID office initiative, thus why over budget
Capital
Expenses:
$ 247,800
_
$ 3,589
$ 368,600
$ 372,169
$ 205,000
FY'23: The Wynwood BID are expecting to continue donations to the City of Miami Police Department, procurement of signage and infrastructure planning, train studies, tubber mulching and other
items of need for our community. We are also scheduled to donate $80,000 to the Police Department for additional cameras and license plate readers, which now exceeds $500,000 since we began this
initiative, FY'22: The Wynwood Bid will donate $250,000 versus the originally schedrled total of $118,000 to the City of Miami Police Departmentto exmedite coverage for the District prior to Basal
22. VMS signage instillations were also donated to the PD department, that were not budgeted. $12,000 in robber mulching installations throughout the District, to avoid trip and fall cases for the City
of Muni. The Wynwood BID also installs banners throughout the District on street thoroughfares throughout the year.
Streetscape
$ 80,000
$ 4,061
$ 75,-000
$ 79,061
$ 81,000
FY'23: Inc BID will seek input from the Board to continue initiatives from previous year andlor add additional items for the Community- FY'22: Inc Wynwood BID donated $5,000 for the City of
Miami Cade Enforcement sound meters and recording cameras, as per commitment by the Wynwood BID, i.e. Wynwood Noise Pilot Program that passed fast reading on 72121_, also introduced
small matching grants totaling $50,000 and a retail study scheduled for 4th quarter of fiscal year.
Total
Expenses:
$ 1,325,000
$ 440,415
5 836,396
$ 1,276,811
$ I,301,000
Total:
$ 400,537
S 436,417
$ 836,949
S
At the conclusion ofFY22, the Wynwood BID anticipates a surplus of $836,949 due to the efficient collection of Dade County Assessments (year62), liens placed and collected, in tandem wehdie
parking waiver dues collected by die BID, via tracking Warrant Notices, and following up with developers before invoicing them.
Wynwood Business Improvement District "BID" Clean Team Budget 2022-2023:
Expense:
Approved 2022
Expenses 10.1.21
Projected
Total Projected
Proposed 2023
Comments:
Budget
to 5.3.22
Expenses 5.4.22
2021-2022
Budget:
to 9.30.22:
Expenses:
Wynwood Clean
Team
$ 104,379
$ 48,960
$ 33,166
$ 82,126
$ 100,000
FY'23: The Wynwood BID currently contracts (6) clean team members totaling approximately 150-170 weekly hours, seven days a week, and
are in charge of cleaning the District's 47 block District, without the help of any City of Miami department The Wynwood BID will be sharing
our office with the Ormii CRA clean team as per agreement between ED's of both organizations in May 2022. The BID will also continue to
transfer services to the City of Miami Purple Shirt team that the Omni CRA uses. The BID will commit to pay for any fees associated with the
transfer, if approved by the Board and City of Miami. FY'22 - The Wynwood BID currently has (7) clean team personnel, working
approximately almost 200 hours per week for the cleaning of the 47 block District, seven days a week. Budget will remain with thresholds due
to efficient management by Project Manager of the program and hours used by staff. Dewing this fiscal year, the Wynwood BID cut the hours of
the staff during the pandemic to ensure there safety, however we increased their hours as the months progressed, thus why we had a surplus in
this line item. Entire team makes approximately $1,580 per hour.
Clean Team
Supervisor
$ 42,000
$ 23,560
$ 18,360
$ 41,920
$ 42000
,
FY'23: Clean team supervisor's hourly total will remain the same for the next current year, due to the Wynwood BID's initiative to transfer the
BID clean team service to the Purple Shirt team being used by the CRA, as per the request of the City of Miami Legal Department in May
2021. FY' 22 - Clean team supervisor makes $19.00 hourly, $760 weekly and $39,520 yearly and was applied a $1.00 hourly increase this
fiscal year, now totaling $41,580. They also receive a $500 bonus for the holidays.
Art Basel
Portable Toilet
Rentals
$ 1,000
$ 6,244
$ 2,000
$ 8,244
$ 7,000
FY'23; The Wynwood BID will assume that there will be an Art Basel $1,500 Week and $2,300 Halloween night in December 2022, thus we
will commit to providing toilet rentals during Basel week, to assist the City of Miami. FY'22: The Wynwood BID did not use the frmds for
this City of Miami contribution for portable toilet rentals along NW 2nd Avenue during Basel week due to pandemic.
Clean Team
Assistant
$ 31,000
$ 18,600
$ 12,600
$ 31,200
$ 31,000
FY'23: Clean team assistant is currently making 15.00 per hour, as per annual raise in June 2020. FY'22 - The Wynwood BID keeps both full
time clean team members employed throughout pandemic to ensure they received payment during turbulent times. They were all given safety
equipment the BID and asked to se arated since the garbage was minimal due to everything being closed for a largeportion of this
byy P i erythmg g po year.
Sanitation
Supplies/Machin
eryl Uniforms,
COVID, Safety
Equipment)
$ 11,500
$ 7,577
$ 7,000
$ 14,577
$ 18,000
FY'23: The Wynwood BID will seek to request the same total as previous year, in light of the Covid equipment and materials that our staff
needs, daily cleaning equipment and materials for the continuation of the parking expansion initiative with the City ofMiamiFY'22: The
Wynwood BID used funds for Covid protection equipment, mosquito dunks, and safety materials that our staff needs, in addition to daily
cleaning equipment and materials to pick up. Wynwood BID also pays for new uniforms at the beginning of every fiscal year.
Total:
$ 189,879
$ 104,941
$ 73,126
$ 178,067
$ 198,000
Wynwood Business Improvement District "BID" Public Relations and Marketing Budget 2022-2023:
Expense:
Approved
Expenses
Projected Expenses
Total Projected
Proposed 2023
Bud«et:
Comments:
2022 Budget
10.1.21 to 5.3.22
5.4.22 to 9.30.22:
2021-2022
Expenses:
PR +
Communications
Services, Social
Media
$ 105,000
$ 36,674
$ 6,000
$ 42,674
$ $1,600
FY.23: The Wynwood BID bundled PR agency, social media, photography and design, via RFP released in FY'22, which was
subsequently won by Jacober Creative, totaling $6,800 per month as per City of Miami agreement. FY'22: Kivvit PR, charged $6,000
monthly and concluded their services on hue I, 2022 for the ETD's Pk Kivvit professional services agreement the fee associated with
PR services is $6,000 per month, totaling $72,000, per year, in addition to the inclusion of social media services into this line item.
PhotographylVideo
'
$
$
$
$
$ 20,fl00
FY23: The Wynwood BID will budget photography for 2023 to begin -sing imagery with our public relations efforts to now market
Wynwood as a destination.
WebsitelEmaillHosti
ng Dues:
$ 15,000
$ 6,939
$ 7,500
$ 14,439
$ 15,000
FY'23: The Wynwood BID will introduce anew line item to identify the costs associated with the website and email server dues for
easier budget allocations moving forward.
Marketing
Materials
$ 5,090
$
$ 5,Dfl4
$ 5,000
$ 25,000
FY'23: The BID will continue to print promotional materials such as annual report. Maps and other wayfinding materials have been
moved to wayfinding line items. FY22: The BID has been able to use parking waiver allowable funds to continue to provide parking
and wa in the right of w and within printed maps. We will out additional annual reports and begin
7'�� informationway P P � l
producing the 2022 Amival report this summer.
Hotel Association
Initiative:
$ -
$ -
$ -
$ -
$ 15,000
FY'23: The BID will aspire to create a conglomerate local Hotels, as one team, to allow us to leverage one partners and hotel rooms for
more services from the GMCVB, Visit Florida, Enterprise Florida.
BID Board Re -
Election
Materials/Marketing
$ -
$ -
$ -
$ -
$ 40,000
FY.23: The Wynwood BID are schedued to go for re-election in FY'23 and the BID will continue to print promotional materials,
editorial placements, and booklets, similar to Annual Report
Advertising
$ 75,000
$ 6,930
$ 40,000
$ 46,930
$ 100,000
FY'23: Continuation of recovery efforts while focusing on new campaio s focused on businesses, residential developments and office
space. FY'22: Increasing advertisement budget to allow for additional ad buys to promote the neighborhood and to amplify all recovery
efforts. Budget item is under budget for FY'21 due to pausing advertising efforts during COVID guidelines_
Event Partnership
Programming
$ 50,000
$ -
$ 30,000
$ 30,000
$ 25,000
FY'23: In FY'22 the BID plans on bringing back neighborhood -wide programming, such as the Wynwood Fi m Series, once safe to do
so. FY'22: The Wynwood BID executed two different programming initiatives to assist the Wynwood Arts District during the
pandemic. Museum of Graffiti and the Wynwood Walls initiatives were all participants to kirk start the economy.
City of Miami
Partnership
Initiatives for
Community
$ 2,000
$ 3,169
$ 2,000
$ 5,169
$ 10,000
FY'23: The Wynwood BID will seek minimal funds for community oriented initiatives such as the City of Miami Police Department
Chnshnas elderly food donation, Roberto Clemente Safe Halloween Night, National Night Out, if they will still occur next fiscal Y.
with the exception of the annual gala sponsorship due to uncertainty with Covid in the next current year. FY'22: Funds unused due to
the cancellation of all events due to pandemic_
Small Grants
Marketing Events
initiatives - NEW
$ 190,000
$ -
$ 30,000
$ 15,000
$ 20,000
FY'23: The Wynwood BID wishes to introduce small grant program for the District members, that would call for matching grants to
assist with the repairs of facades, painting, murals, installation of glass and other improvements.
Creative Services
$ 10,000
$ -
$ 8,000
$ 8,000
$ I0,000
FY'23: The BID will commission new videography and creative media for promotional use FY'22: Wayfrndingbanners change outs
were facilitated via this line item. The Wynwood Newsletter was also in this line item but was not completed, thus monies was not
used V ideography and other services were scheduled for this item but have not been used due to pandemic.
Total:
1 362,000
S 53,712
$ 128,500
$ 167,212
$ 361,600
Wynwood Business Improvement District "BID" Office & Utility Budget 2022-2023:
Exneoses:
Approved
Expenses
Projected
Total
Proposed
Comments:
2022 Budget
10.1.21 to
Expenses
Projected
2023 Budget:
5.3.22
5.4.22 to
2021-2022
9.30.22:
Expenses:
Office Utilities
$ 4,500
$ 2,907
$ 1,500
$ 4,407
$ 5,000
FY'23: The Wynwood BID's Comcast monthly services total $253 per month ($3,036 yearly). FPL totals have increased $90 dollars per month
at the new office space, Crystal Springs water averages $300 yearly_ The new space will also be larger, ie. 2,000 sq. ft. versus 1,000 sq. ft.
FY'22: Comcast monthly services total $225 per month ($2,700 yearly), FPL was $200 monthly ($2,400 yearly), Crystal Springs water $300
yearly. hilight of the utility savings were are forecasting being under budget for this current fiscal year.
Office Equipment &
Supplies
$ 7,200
$ 3,004
$ 3,900
$ 6,904
$ 7,200
FY'23: Line item is for Office Depot weekly orders, Adobe Acrobat yearly membership, copier services, printing, which is about 2,000 pages a
month, office supplies and meeting materials and binders for Board Members. FY'22: Lim' items is used for weekly office supplies and office
equipment are expected to total $5,45 5 by the end of the fiscal year.
Office Rent
$ 48,000
$ 38,340
$ 29,360
$ 67,600
$ 60,000
FY'23: The Wynwood BID will seek to move to Sentral Wynwood located at 51 NW 26 St. to a larger space totaling 2,100 square feet for a
monthly total of $5,000 per month. They will require a security deposit of $15,000 which is included in FY'22 budget. FY'22: As of
September 1, 2021 the Wynwood BID will incur an annual increase to $4,260 per month increase from previous total of $3,500 per month, as
per 2nd year agreement with landlord.
Office
Furniture/Equipment
,
$ 7,000
$ 4,000
$ 2,000
$ 6,000
$ 10,300
FY'23: The Wynwood BID will allocate funding for new equipment, furniture, for the new office at Sentral. The BID will host a GMCVB
welcome center and Omni CRA clean team- FY'22: The Wynwood BID budgeted $7,000. We also purchased a podium that is the same one
that the City of Miami uses, in addition to wall art .
Otfice/D&O
Insurancethe
$ 13,500
$ 13,052
$
$ 13,052
$ 13,500
FY'23: Wynwood BID will budget $13,500 for new fiscal year, as required by Wynwood BID Ordinance since we have increased the number
of Board Members in FY'21. FY'22: The annual D&O Insurance Liability Monthly Premium totaled $12,972 for this current fiscal year, thus
BID will increase budget amount, since we have now added two additional Wynwood Board of Directors. Wynwood BID renews policy in
January 2022 and will pay the entire year upfront versus monthly.
Payroll Taxes, FICA
$ 28,000
$ 11,516
$ 10,000
$ 21,516
$ 28,000
FY'23: Average payroll taxes are $1,431 70 for payroll taxes for (3) office staff and (2) clean team staffinembers through 31 weeks.
Remaining 21 weeks should total less since Chriss Hoffman has left the BID as of 4/18/23. FY'22: Average payroll taxes per month were
above the budgeted totals budgeted this fiscal year by $3,521, due to being first year of additional in-house staff working at BID office.
Health Insurance
$ 14,500
$ 7,472
$ 2,800
$ 10,272
$ 14,500
FY'23: The average healthcare invoice for United Health total is $1,038 per month. FY'22: Average Healthcare for full-time office alaB'
averages $1,038 monthly, however Chris Hoffman left the Wynwood BID in April 2022, thus the invoices have been cut in half since 5/22.
Licensing, Fees,
Dues, Parking
Revnbursements:
$ 5,000
$ 7,106
$ 1,149
$ 8,255
FY'23: In light of totals from previous fiscal year, the BID will badget $5,500 for PayChex fees, CU and Adobe. Paychex is paid $3,986.32
per year for processingof PayChex, Florida t of Opportunity$200, FY'22: Executive Director received a reimbursement from Paychexfor
p y
overtaxing allowances for three years, totaling $5113 in December and Florida Department $200 and Paychex dues totaling $76.66 per pay
period
Contracted Dues,
Lobbyist: NEW
$ 6,000
$ 1,500
$ 4,500
$ 6,000
$ 6,000
FY'23: The Wynwood BID has hired Shutts and Bowen as a lobbyist group for the Wynwood BID. The dues are $500 per month totaling
$6,000. The Wynwood BID scheduled are currently paying $500 per month.
Bookkeeping
$ 48,000
$ 24,000
$ 24,000
$ 48,000
$ 48,000
FY'23 - The Wynwood BID currently has aprofessional services agreement with CCSG totaling $4,000 a month for the annual collection of
assessments and booldteeping services for the Wynwood BID. An Annual Tax Report and Monthly Financials are also provided to the BID for
the Board of Directors to review. FY'22: The bookkeeping and assessment expenses went from $3,000 monthly to $4,000 as per RFQ 01-
202019 released in 1st quarter of 2019 and evaluated July 2019. FY'19: The monthly costs for bookkeeping, assessment, parking waiver
services totaled $3,000 monthly.
Meeting
Spaces/Retreat
$ 2,500
$ 1,070
$ 1,500
$ 2,570
$ 2,700
FY'23 - The BID will request two hundred dollars more than the previous fiscal year for our annual Director retreat that requires the rental of
equipment and potential meeting space during the Spring of every year. FY'22: The Wynwood BID forecasted $2,500 for annual Wynwood
Director Board of Director's retreat that occurred on April 28th, 2021.
Annual Audit
$ 11,500
$ 9,600
$ 1,500
$ 11,100
$ 11,500
FY'23 - The BID will request $11,500 for our annual auditing services and subsequent event audit that is conducted every November, as per City
of Miami Ordinance regulation requirements. FY'22: The Wynwood BID's annual and subsequent audits totaled $9,500 but can be augmented
if the City of Miami requests any additional information, thus why we have surplus. The annual audit came back clean for the 7th year in a row.
Total:
$ 195,700
$ 123,567
$ 82,109
$ 205,676
$ 206,700
VIIIMOOD
Wynwood Business improvement District "BID" Staffing Budget 2022-2023:
Wynwood BID Staff
Salaries:
Approved 2022
Expenses 10.1,21 to
Projected
Total Projected
Proposed 2023
Comments:
Budget
5.322
Expenses 5.1.21 to
2021-2022
Budget:
9.30.22:
Expenses:
Executive Director
(Manny Gonzalez)
$ 131.500
$ 78,394
S 78, l05
$ 156,499
$ 131,500
FY'23: No increases have been scheduled, in light of annual performance evaluation that occurs yearly. FY'22: On June 3, 2021
ED received a performance bonus for a perfect annual performance review, for the 12th year in a row, totaling $251C Manny
Gonzalez, Executive Director was hired May 15, 2017 and received an increase in salary to $131,500, in August 2020. Executive
Director package includes (2) week vacation, $400 car allowance and $100 phone allowance, as per same agreement given during
tenure at Coconut Grove BID in 2011
Executive Director Car
Allowance
$ 4,800
$ 9,967
$ 2.090
$ 11,967
$ 6,000
FY:23 - Executive Director was being taxed on his car allowance of $400, since initial hiring in May 2017, which has been the same
arrangement for allowances, since my initial contract at the Coconut Grove BID in 2013. Paychex provided a check totaling S5906
which was subsequently refunded by the US government to the Bidding April 2022. Paychex also re-imbursed the BID for the
amount due for the historical collection of data for the past four years. The E.D_ has requested not to increase totals, by choice
annually.
Executive Director
Phone Allowance
$ 1.200
$ 800
$ 400
$ 1200
$ 1,200
FY:23 - Executive Director currently receives a phone allowance of $ €00, which has been the same since my initial Executive
Director, contract at the Coconut Grove BID in 2013. The E.D. has requested not to increase totals, by choice annually. Executive
Director was being taxed on his car allowance of $400, since initial hiring in May 2017, which has been the same arrangement for
allowances, since my initial contract at the Coconut Grove BID in 2013, Paychex provided a check totaling $5906, which was
subsequently refunded by the US government to the Bidding Apri12022.
Project Manager
(Aleksander Sanchez)
S 50,000
$ 26,923
$ 28,556
$ 55.479
$ 60,000
EY'23: Proposed increase for Project Coordinator has been included for the next fiscal year, in light of promotion in prior year to
Project Manager and excelling in new initiatives. in light of the office being run by two employees. Has had (3) straight perfect
evaluations. FY'22: Project Coordinator currently earns $55K, as per increase due to exceptional evaluation in April 2021 and
receives a S500 bonus every December. V Project Coordinator previously eamed $4510, and had an evacuation conducted in April
2020.
Marketing/PR Manager
$ 64,000
$ 34,461
$ -
$ 34,461
$ 5Q000
FY'23: The Marketing/PR Mgr. position will be modified to allow for more administrative, business liaison and marketing versus
strictly marketing, due to the hiring of new PR firm Iacober Creative. FY'22: Marketing Coordinator earns $64,000, after
exceptional evaluation in April 2021. Previous salary was $59K during previous fiscal year. Marketing/PR Manager Coordinator
was hired May 2018 and resigned ill April 2022.
Total;
$ 251,500
$ 150,545
$ 109,061
$ 259,606
$ 248,700
Wvnwood Business Improvement District "BID" Streetscape Budget 2022-2023:
Expense:
Approved 2022
Expenses 10.1.21 to
Projected Expenses
Total Projected
Proposed 2023
Comments:
Budget
5,3,22
5.4.22 to 9.30.22:
Expenses
Budget:
FY'22:
Small Scale Grant
Program:
$ 50,000
$ -
$ 50,000
$ 50,000
$ 50,000
FY'23: The BID wishes to re -introduce small scale grants in in FY'23, similar to the release of the project the previous fiscal
year, that would continue the good -will of matching fhnds for repair of facades, painting, windows, doors and other applicable
initiatives. FY'22: The Wynwood BID released it's first ever small grant program package to the District members, as of _Tune
2022, for a "two for one" matching program up to $5,000. The program will allow businesses to make improvements to
lighting, security, outdoor furniture and mural installations that will be required to be maintained for up to 3 years.
Retail Analysis
Study Wynwood
BID'
$ 25,000
$
$ 25,000
$ 25,000
$ 25,000
FY'23: The Wynwood BID will reach continue to its annual retail analysis that will call for a full retail report of the District,
for land -owners to use to for their tenants and also learn more about the retail needs for the District and to ensure the businesses
here continues to evolve and remain successful. FY'22: The BID is expected to contract retail report provider once the
summer months are over the market begins to correct itself to normality once school begins.
Code
Enforcement
Cameras & Sound,
Meters - Donation
$ 5,000
$ 4,061
$
$ 4,061
$ 6000
FY'23: The Wynwood BID will seek to extend the plot noise ordinance in September 2022, as per the sunsetting of the one
year pilot program. The BID will budget same amount as previous years to donate machines to Code Enfor,Pmn"t and Miami
PD as needed. FY'22: As per the Wynwood's BID pilot noise ordinance program that is scheduled to sunset on September 30,
2022, the City of Miami Code Compliance department and the BID partnered for a year long test prograsn to allow outdoor
venues and residences co -exist. The BID committed to buying cameras and sound machines for the Code enforcement team,
totaling $4,061.
TOTAL:
$ 80,000
$ 4,061
$ 75,000
$ 79,061
$ 81,000
Wynwood Business Improvement District "BID" Planning, Capital & Infrastructure Budget 2022-2023:
Expense:
Approved
Expenses
Projected
Total
Proposed 2023
Comments:
2022Budget
10.121 to
Expenses
Projected
Budget:
5.3.22
5.4.22 to
Expee es
9.30.22:
FY.22:
Neighborhood
SignagelWayftnding
Studies/Kiosks:
$ 10,000
$ 3,589
$ 6,000
$ 9,589
$ 30,000
FY'23: The Wynwood BID are expecting to procure and begin the installation of street signage installations for the District, due to our growing need to help
visitors traverse the District. City of Miami PW and Miami Dade County need to sign an interlocal agreement in order for the project t❑ begin. FY'21: The
Wynwood BID hired Merje to provide a report on the proposed signage locations and types of signs we would need for the directional portion of the project
NEW - AI Placer
Transportation AI Software
$ -
$ -
$ 18,000
$ 18,000
$ I6,000
FY'23 - The BID wishes to continue the possibility of extending the agreement with Al Placer in August 2023. if the software delivers on our expectations.
-
FY'22 The W; mvood BID has elected to contract Al Placer Software for insights into what is happening m the vicinity of a property, including traffic volumes
fot road segments, crime history near the property. and a view of nearby real estate development. The annual cout act is $183s, and Lincoln Road and Design
District both use it.
Arc Geo Donation - City of
Miami
$ 50,000
$ -
$ 50,000
$ 50,000
$ -
FY .23122: The Wynwood BID has asked the Planning Department for a updated invoice that the BID can pay die $50.000 donation that was agreed upon when
the Streetscape Master Plan Documents were paid for by the City of Miami. The item has been on the budget for two consecutive years.
195 Exit Studies/Material for
long term initiative:
$
$ -
$ -
$ -
$ 15,000
FY .23: Tne Wynwood BID are working with 1317f0T to possibly secure an gait interchange on NW 29 Si. and 6th Avenue.
NEW - Donation to PD -
Installation of VMS Signage in
District
$ -
$ -
$ 6,800
$ 6,800
$ 7,000
FY'23: In light of the new sound ordinance in the State of Florida, which began on July 1, 2022, the Wynwood BID installed VMS signage on NW 20 St and
North Miami Ave and NW 2nd Ave and also on NW 29 St, on North Miami Ave and NW 2nd Ave for a month.
Parking Marketing, Initiatives
and &Pandemic Restaurant
Initiatives:
$ 12,000
$ -
$ -
$ -
$ -
FY'23: Minimal funds have been allocated for this coming year due to program being handed off to each restaurant owner. FY'22: Line item was for additional
marketing banners, initiatives and rental of water flied barricades, totaling almost 30 restaurants since the program was opened in the Summer of 2020. This was
an unbuda ed line item due to the Pandemic's unexpected appearance.
Wynwood BID Donation #> 3/4 -
camera initiative/I.PR's to City
of Miami PD.
$ 118,000
$ -
$ 250,000
$ 250,000
$ 85,000
FY'23: The Wynwood BID will request $85,000 for any un-covered areas left from the massive installation in FY'22, and for additional license plate readers if
needed.. The BID has donated almost S500,000 to the City of Miami, since we began this initiative three years ago. FY'22: The Wynwood BID will seek to
donate the third donation of our camera initiative with the City of Miami PD Department, totaling $250,000 versus the original budgeted of $118,000, in an effort
to expedite the "sealing" of the District w cameras and plate readers. We have also requested sound cameras to be installed, similar to Miami Beach_ All
donations have to be approved by the City of Miami Commission.
Train Station Transit Studies:
$ 15,800
$ -
$ 15,800
$ 15,800
$ 10,000
FY'22: Item was not budgeted for current fiscal year and deals with the Wynwood BID's attempt to submit a proposal to the Miami Dade County TPO for the
analyzation of a train station on North Miatni and NW 27 St., which was submitted as a possible station location_ The Wynwood BID allocated finding mid -year
for approval of a Tri-Rail station feasibility study that was conducted to look at current demographics, number of schools, residents, projected development and
other statistics that were requested by the TPO.
Public Sidewalk Rubber Mulch
Initiative to prevent trip & falls -
Donation to City of Miami PW
$ 12,000
$ -
$ 12,000
$ 12,000
$ 25,000
FY'23: The Wynwood BID has requested funding to assist in preventing trip and falls along major thoroughfares on NW 2 Ave and North Miami Ave, as needed.
FY'22: Requested funds for this current fiscal year will focus on North Miami Avenue, now that the street is finished before the end of this fiscal year. The BID
has been donating installations on NW 2nd Ave and North Miami for (4) four years, in an effort to provide safety to visitors and pedestrians.
Wynwood Way Finding Banners
$ 30,000
$ -
$ 10,000
$ 10,000
$ 15,000
FY:23 The Wynwood BID will budget less than PY'22, in light of the trend of the banner dues from the previous year. The banners are used for different
special event partnerships throughout the year, ie. Basel Week, We Trek, Pride, and other new everts. FY'22: - The Wynwood B1T) has used funds for
temporary banners for the application of sidewalk cafe permit holders, totaling $20,573. The Museo Vault banner, pole and trash bin logo faceplates totaled
$10,447. The Wynwood BID currently has 164 total water baricades, via BID donation, to Wynwood restaurants during the pandemic.
Total: • -
$- - 247,800
- $ 3,589 -.
$- .388,600
-$ .372,189
$ 205t000