HomeMy WebLinkAboutMidtown Budget FY 2019 draftBozeman Midtown Urban Renewal Board Fiscal Year 2019 Budget
Scheduled
Infrastructure Planning and Construction
Streetscape, Mendenhall to Beall: Construction Administration 39,600$
Streetscape, Mendenhall to Beall: Parcel S Expansion 3,500$
Streetscape, Beall to Villard: Modify Construction Plan Set 10,600$
Streetscape, Villard to Durston: Modify Construction Plan Set 22,700$
Streetscape, Durston to I‐90: Tree Planting Construction Plans ($10,000)
Streetscape, Durston to I‐90: Tree Planting Construction Administration ($10,000)
Administrative settlements 30,000$
Peach St Fiber Conduit Engineering 12,000$
Midtown Sewer Capacity Land Use Projections 20,000$
8th Avenue Street and Utility Improvements Engineering 42,500$
Mendenhall to Beall Streetscape Construction ($800,000)800,000$
Durston to I‐90 Tree Planting ($200,000)
Outside Legal Counsel
For Bonding and Redevelopment Agreements 50,000$
Incentive Programs
Technical Assistance Grants 1:1 match [4 grants]30,000$
Direct Incentives ‐ Midtown TIF Assistance Program 200,000$
District Operations
Outreach and Mailing 5,000$
Midtown Marketing and Recruitment 10,000$
Professional Services to Support District Staff 20,000$
Economic Development Staff 36,000$
Whittier School
Whittier School New Maintenance Shed ($30,000)
Whittier School Miscellaneous Doors and Hardware ($110,000)
Total New Expenditures for FY 18
New Expenditures 1,331,900$
FY 2018 Encumbered Projects
Midtown Tavern Patio N7 Rehab Grant 15,000$
Midtown Apartments Grant (Approved by the City Commission 2018) 90,000$
Audreys Pizza and Brewery Technical Assistance Grant 15,000$
TOTAL EXPENDITURES FY 2019 1,451,900$
Estimated FY 2018 Ending Balance 1,449,638$
Estimated Revenues 651,949$
Estimated Total Cash FY 2019 2,101,587$
Estimated Cash minus expenditures (FY19 Ending Balance) 769,687$
DRAFT 5‐1‐2018