|
FORTUNA BUSINESS IMPROVEMENT DISTRICT BUDGET 2008-2009
|
Revenue
|
Proposed
Budget
2008/2009
|
Budget
2007/2008
|
|
|
|
Business assessment/City Match based on 2005-2006 actual
|
108,675
|
103,500
|
|
Interest income
|
200
|
200
|
|
City donation of rent
|
2,400
|
2,400
|
|
|
Total Revenue
|
111,275
|
106,100
|
Promotional Expenses
|
|
|
|
Directed promotional expenses
|
|
|
|
|
Downtown Merchants Assoc. 10.5%
|
11,411
|
10,868
|
|
|
Redwood Village Merchants 5.8%
|
6,303
|
6,003
|
|
|
|
|
|
|
Subtotal
|
17,714
|
16,871
|
|
Promotional expenses
|
|
|
|
|
Citywide advertising- TV & Print
|
10,000
|
10,000
|
|
Citywide advertising- misc. media
|
1,250
|
1,250
|
|
Gift certificates (printed more in 06-07
|
1000
|
500
|
|
New event funding
|
4,816
|
2,653
|
|
Recruitment/Retention
|
3,000
|
3000
|
|
AutoXpo (trophy)
|
100
|
100
|
|
Christmas movie event/OFFICE RENT
|
4,600
|
3,300
|
|
Goods & services guide
|
-
|
-
|
|
Christmas parade donation
|
150
|
150
|
|
Customer appreciation |
- |
- |
|
Internet Marketing & Design
|
5,000
|
5,000
|
|
Apple Harvest (net)
|
1,000
|
1,200
|
|
|
|
|
|
|
Subtotal
|
30,916
|
27,153
|
|
|
|
|
Subtotal promotional expenses
|
48,630
|
44,024
|
Administrative Costs
|
|
|
|
|
Accounting & audit
|
1,250
|
1,250
|
|
Coordinators expenses
|
600
|
600
|
|
Depreciation
|
600
|
600
|
|
Dues & subscriptions
|
350
|
350
|
|
Medical insurance
|
3,390
|
3,390
|
|
Office equipment
|
3,000
|
3,000
|
|
Office rent
|
- |
- |
|
Office supplies
|
1,200
|
1,200
|
|
Payroll taxes
|
4,000
|
4,300
|
|
Salary
|
39,795
|
37,900
|
|
Summer Intern |
1000 |
600 |
|
Storage
|
360
|
360
|
|
Misc. expense |
200 |
150 |
|
|
Telephone
|
900
|
900
|
|
|
Event/liability insurance
|
3,200
|
4,000
|
|
|
Newsletter
|
1,500
|
1,500
|
|
|
Workshops & seminars
|
500
|
750
|
|
Workers compensation
|
800
|
1,226
|
|
|
|
|
|
|
Subtotal administrative costs
|
62,645
|
62,076
|
|
|
|
|
Total expense
|
111,275
|
106,100
|
|
|
|
|
|
|
|
|
Transfer of unreserved funds
|
-
|
-
|
|
|
|
|
|
Revenues over expenses
|
-
|
-
|
|
|
|
|
|
|