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BID Financial Report 1-11-21
Downtown BID January 2021 Finance Report APPROVED Y-T-D FY2021 FY2021 Income BID Assessment 175,000$ 173,758.64$ BID Assessment--residual Contract Income 17,000$ 7,083.30$ Interest Income 100$ 6.92$ Mobile Vending Fees 2,000$ -$ Flower Sponsorships 8,000$ 600.00$ Christmas Light Sponsorships 4,000$ 2,700.00$ Streetlamp Banners 9,000$ 6,300.00$ Other Income 20,727.48$ CDs cashed out from American Bank Total Income 215,100$ 211,176.34$ Expenses Management Fee Partnership Administration 35,000$ 26,250.00$ District Manager 21,000$ 15,750.00$ Investements-CDs 20,727.01$ Total Expenses 56,000$ 62,727.01$ Payroll Expenses Maintenance Staff 37,500$ 23,566.00$ Taxes 3,300$ 1,987.03$ Work Comp 2,250$ 656.14$ Maintenance Staff--Garage 10,000$ 7,132.75$ Taxes 750$ 438.17$ Work Comp 750$ 229.88$ Total Payroll Expenses 54,550$ 34,009.97$ Programs ot Sidewalk Cleaning / Alley Snow Remo 20,000$ wntown Bozeman Association (DBA) Sup 25,000$ 18,750.00$ Christmas Lights 2,000$ 1,485.13$ Christmas Light Spider Repair 1,500$ 723.00$ Christmas Lights Storage 1,000$ 1,233.00$ New Banners 3,000$ Flower Expenses 24,000$ 23,249.45$ Flower Water 200$ 206.68$ Tree Purchases 2,000$ Marketing 2,500$ 2,500.00$ Maintenance Supplies $ 3,000 $ 2,497.36 Garbage Bags $ 2,625 $ 1,386.87 Miscellaneous Services Graffiti Supplies 1,125$ 420.15$ Graffiti Contracted Removal 4,500$ 1,594.00$ Mule Service & Fuel 1,500$ 599.89$ Truck Service & Fuel 2,100$ 1,788.11$ Truck-Mule Insurance 3,250$ 3,527.99$ Program Contingency 1,000$ Total Program Expenses 100,300$ 59,961.63$ Other Expenses Total BID Expenses 210,850$ 156,698.61$ NET ASSESSMENT INCOME 4,250$ 54,477.73$ Checking Account Balance 131,943.66$ Certificate of Deposit Balance -$ 31,802.31$ Total Cash On Hand Total 163,745.97$ Board Approved Project Expenses Downtown Plan Implementation 15,000$ -$ Total Project Expenses