fy13_14_bidbudget_adopted_2013713

7/27/2019 FY13_14_BIDBudget_adopted_2013713

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Assessments $292,000 FY12/13 actual plus 5%

nterest income $0ota ocate revenue ,

Zone 1 2 3 TotalProgram 53.60% 36.40% 10.00%PROWSO 55.0% 27.0% 23.0% 5.0% 55.0%Marketing 13.4% 10.0% 2.4% 1.0% 13.4%Admin 24.3% 13.0% 8.9% 2.4% 24.3%Contingency 7.3% 3.6% 2.1% 1.6% 7.3%Total 100.0% 53.6% 36.4% 10.0% 100.0%

Expected Operating Expenditures TotalPROWSO Zone 1 Zone 2 Zone 3

Allocated Revenue 78,840$ 67,160$ 14,600$ 160,600$

-$

Proposed ExpendituresSafety 1st 41,808$ 28,392$ 7,800$ 78,000$

Water planters 7,718$ 5,242$ 1,440$ 14,400$

Landscaping 2,573$ 1,747$ 480$ 4,800$

administration 8,147$ 5,533$ 1,520$ 15,200$

loan service on Ped lighting $2,144 $1,456 $400 4,000$

Improvement Mini Grants $0 $0 $0 -$

Total Proposed PROWSO Expenditures 62,390$ 42,370$ 11,640$ 116,400$

PROWSO Pro Forma Surplus / (Deficit) 16,450$ 24,790$ 2,960$ 44,200$

MARKETING AND IDENTITY ENHANCEMENT


-$

-$ -$ -$

Proposed Expenditures

Temescal Street Fair -$ -$

Street Cinema 1,000$ 1,000$

New Event -$ -$ -$ -$

First Fridays 1,072$ 728$ 200$ 2,000$

Halloween Event 536$ 364$ 100$ 1,000$

Cross-Telegraph Banner 1,368$ 432$ 1,800$

Website 643$ 437$ 120$ 1,200$

Exec Directors Fees 4,502$ 3,058$ 840$ 8,400$

Total Proposed Marketing Expenditures 9,122$ 5,018$ 1,260$ 15,400$

Marketing Pro Forma Surplus / (Deficit) 20,078$ 1,990$ 1,660$ 23,728$

TEMESCAL/TELEGRAPH BUSINESS IMPROVEMENT DISTRICT2013-2014 BUDGET Adopted

Pct allocation, proposed budget


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ADMINISTRATION


Other -$

Proposed Expenditures

Executive Director fees 13,400$ 9,100$ 2,500$ 25,000$

Rent 4,770$ 3,240$ 890$ 8,900$

Phone and Internet 804$ 546$ 150$ 1,500$

Food for meetings 643$ 437$ 120$ 1,200$

Admin assistant 3,216$ 2,184$ 600$ 6,000$

Legal and Accounting 3,216$ 2,184$ 600$ 6,000$

Insurance 2,305$ 1,565$ 430$ 4,300$

Office Supplies and Other 1,072$ 728$ 200$ 2,000$

BID RENEWAL 22,512$ 15,288$ 4,200$ 42,000$

Total Proposed Administration Expenditures 51,938$ 35,272$ 9,690$ 96,900$

Administration Pro Forma Surplus / (Deficit) (13,978)$ (9,284)$ (2,682)$ (25,944)$

CONTINGENCY


TOTAL BUDGETED REVENUE 156,512$ 106,288$ 29,200$ 292,000$

Check 53.6% 36.4% 10.0%

TOTAL PROPOSED EXPENDITURES 123,450$ 82,660$ 22,590$ 228,700$

TOTAL PRO FORMA SURPLUS / (DEFICIT) 33,062$ 23,628$ 6,610$ 63,300$

RESERVES

Change in Reserves, FY13/14 Zone 1 Zone 2 Zone 3 Total

from above) PROWSO surplus(deficit) 16,450$ 24,790$ 2,960$ 44,200$Marketing surplus(deficit) 20,078$ 1,990$ 1,660$ 23,728$

Administration surplus(deficit) (13,978)$ (9,284)$ (2,682)$ (25,944)$

Contingency revenue 10,512$ 6,132$ 4,672$ 21,316$

Sub-Total 33,062$ 23,628$ 6,610$ 63,300$

RESERVES, Prior Years

see worksheet) PROWSO Reserves (140,002)$ (112,604)$ (11,752)$ (264,358)$Marketing Reserves 29,677$ 58,372$ 19,134$ 107,183$Administration Reserves 20,889$ 30,157$ 1,632$ 52,679$

Contingency Reserves 80,908$ 53,204$ 28,061$ 162,172$

Sub-Total (8,528)$ 29,129$ 37,075$ 57,676$

, pro ecte PROWSO (123,552)$ (87,814)$ (8,792)$ (220,158)$

before capital expenses) Marketing 49,755$ 60,362$ 20,794$ 130,911$Administration 6,911$ 20,874$ (1,050)$ 26,735$

Contingency 91,420$ 59,336$ 32,733$ 183,488$

ota 24,534$ 52,758$ 43,685$ 120,976$


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PROPOSED EXPENSES AGAINST RESERVES, FY12/13Zone 1 Zone 2 Zone 3 Total

Tree Lights

Total Project cost $0 $0 $0 $0

Current FY Proposed BID expenditur $0 $0 $0 $0

Future BID expenditure $0 $0 $0 $0

Trash Can Mosaics

Total Project cost $5,360 $3,640 $1,000 $10,000Current FY Proposed BID expenditur $5,360 $3,640 $1,000 $10,000


Gateway Sculpture

Total Project cost $2,144 $1,456 $400 $4,000

Current FY Proposed BID expenditur $2,144 $1,456 $400 $4,000


Temescal Flows, two pillars




Ped oriented lighting, Phase 2


Spent prior to current FY $0 $0 $0 $0

Anticipated dedicated revenue, CIVIQ $0 $0 $0

Loan proceeds $0 $0 $0 $0


TOTAL Proposed Expenditures Against Reserves $7,504 $5,096 $1,400 $14,000

EXPECTED RESERVES, FYE 6/30/14 17,030$ 47,662$ 42,285$ 106,976$

fy13_14_bidbudget_adopted_2013713

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