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Exhibit
Bayfront Park Management Trust City of Miami Budget Template Expenditures FY 2013-14 Actual FY 2014-15 Actual FY 2015-16 Actual FY 2016-17 Budget FY 2016-17 Projection FY 2017-18 Proposed Difference Notes Revenues $881,769 $873,902 $940,850 $993,944 $912,000 $1,096,896 +$102,952 Administrative Revenues $677,545 $860,152 $902,592 $850,000 $733,000 $710,000 -$140,000 Special Events & Marketing Revenues $3,998,141 $4,654,145 $4,823,302 $4,445,000 $6,846,500 $4,469,000 +$24,000 Maintenance Revenues $0 $0 $472 $0 $0 $135,268 $0 Reserve Fund Transfer $0 $0 $0 $1,930,000 $0 $2,178,705 +$248,705 Revenue Grand Total $4,675,686 $5,514,297 $5,726,366 $7,225,000 $7,579,500 $7,357,705 $132,705 $0 Expenditures Regular Salary and Wages $881,769 $873,902 $940,850 $993,944 $912,000 $1,096,896 +$102,952 Fringe Benefits $71,662 $72,481 $83,623 $86,276 $78,500 $96,763 +$10,487 FICA Taxes $0 $0 $0 $0 $0 $0 $0 Retirement Contributions $0 $0 $29,793 $41,250 $20,000 $135,268 +$94,018 Life and Health Insurance $122,644 $122,932 $116,249 $161,500 $140,000 $161,248 -$252 Workers' Compensation $19,303 $22,949 $20,835 $22,000 $22,000 $22,000 $0 Professional Services - Legal $0 $0 $0 $0 $0 $0 $0 Professional Services $1,423,083 $1,875,177 $1,648,663 $2,000,000 $2,700,000 $2,000,000 $0 Accounting and Auditing $18,500 $18,500 $18,500 $22,000 $19,000 $22,000 $0 Other Contractual services $454,232 $464,008 $525,143 $415,000 $450,000 $415,000 $0 Travel and Per Diem $0 $0 $0 $0 $0 $0 $0 Communications and Related Services $0 $0 $0 $0 $0 $0 $0 Postage $1,669 $1,453 $1,635 $3,000 $2,000 $3,000 $0 Utility $230,407 $242,660 $286,842 $265,000 $255,000 $265,000 $0 Rentals and Leases $0 $0 $0 $0 $0 $0 $0 Repair and Maintenance Services $580,714 $926,652 $986,462 $1,812,000 $941,000 $1,812,500 +$500 Printing and Binding $0 $0 $0 $0 $0 $0 $0 Advertising and Related Costs $7,469 $46,436 $7,043 $137,000 $46,000 $137,000 $0 Office Supplies $5,307 $6,053 $7,119 $10,000 $7,500 $10,000 $0 Operating Supplies 0 0 0 0 0 so 0 Motor Fuel $17,174 $11,370 $8,774 $20,000 $15,000 $20,000 $0 Public Safety Supplies $0 $0 $0 $0 $0 $0 $0 Subscriptions, Memberships, and Licenses $4,877 $1,835 $2,877 $5,000 $3,500 $5,000 $0 Interfund Transfer $0 $0 $0 $0 $0 $0 $0 Capital Projects and Purchases All Other Expenditures $1,264,409 $957,179 $1,191,852 $1,231,030 $1,448,000 $1,156,030 -$75,000 Budget Reserve Expenditure Grand Total J$5,103,2191 $5, 43,5871 $5,876,2601 $7,225,0001 $7,059,5001 $132,7011$0 Revenues Minus Expenditures 1 -$427,533 -$129,290 -$149,8941 $0 $520,000 $0 $01$0 Printed: 8/30/2017 4:09 PM Page 1 of 1