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HomeMy WebLinkAboutFY2014 BID Work Plan-Budget Downtown Business Improvement District FY2014 BID Work Plan and Budget BID Mission Statement The BID is an organization of downtown property owners who through thoughtful, pro-active collaboration and partnership with local government, business owners, residents and citizens strive to create a shared vision and voice for the community of downtown Bozeman. The BID will commit resources, identify, plan and act on short-term and long-term initiatives otherwise unavailable to individual owners. The BID has a goal of ensuring the long-term preservation and vitality of the city’s underlying economic, cultural, social and environmental assets and the BID will work together to keep our downtown a safe, beautiful and vibrant place. BID Assessment Programs The following programs are funded by the special assessments collected from property owners within the Business Improvement District. The BID assessment for FY2014 will be $120,000.00 for the fifth consecutive year. The BID also received approximately $13,000 in additional revenue from sponsorships and interest earnings. Downtown Bozeman Partnership ($67,000) The BID is a member of the Downtown Bozeman Partnership. The BID contributes to the administration of the Downtown Partnership office located at 222 East Main Street. The Partnership also manages all the payroll expenses associated with the BID Director and Operations Manager. Summer Flowers ($18,600) The BID purchases, installs and maintains (which includes watering 7 days a week) 230 hanging baskets of Super-Petunias. These flower baskets are hung throughout downtown from June through September on the historic lamp posts. This program grows each year as additional historic street lamps are installed downtown. Holiday Lighting ($3,500) The BID installs the following holiday lighting downtown: 1) lighted garland on each historic lamp post along Main Street; 2) lights on the large conifer trees in Soroptimist Park; 3) garland wreaths at the Rouse, Church, Wallace, and Grand intersections; and 4) the infamous holiday “spider” decoration above the downtown intersections. Maintenance Program ($31,200) The BID hires two full-time maintenance employees in addition to a part-time maintenance employee for the summer months. Primary tasks performed by the BID maintenance staff includes garbage collection, flower watering, tree watering, Soroptomist Park upkeep, installation of the light pole banners, maintenance of pedestrian benches, graffiti removal, and limited snow removal. The BID maintenance staff removed 2626 bags of garbage in the past year. Graffiti Removal Program ($1000) The BID comprehensive graffiti removal program is in its third year of operation. Since 2009, this program has removed 1292 graffiti tags. The BID maintenance staff removes tags from public property and works with property owners to clean private buildings of graffiti. The BID will continue to actively remove new tags as quickly as possible considering immediate removal has proven to be the most effective deterrent. Downtown Banners ($3,000) The BID purchases, installs and maintains the downtown light pole banners. Seasonally the BID installs banners for MSU, Bogert Farmers Market, Bridger Bowl, Moonlight Basin, Big Sky Resort, Sweet Pea and Hatch. Tree Replacement ($3,000) The BID replaces trees that have died in the downtown district. In coordination with the City Forestry Division, dead trees are removed and then replaced by a local nursery. Smaller newly planted trees are susceptible due to physical damage and insufficient water. The BID replaces between 2 and 6 trees a year. Downtown Marketing ($2,500) The BID contributes to the general marketing of downtown Bozeman. These funds are made available to the Downtown Partnership which places advertisements in ten to twelve local, regional and state-wide publications. --Please refer to the included 2013 BID Annual Report for more program details-- Downtown Business Improvement District FY2014 Assessment Budget FY2014 BID Assessment Budget was approved by the BID Board on May 22, 2013 APPROVED FY2014 Budget Income BID Assessment 120,000$ Interest Income 100$ Flower Sponsorshihps 7,000$ Christmas Light Sponsorships 3,000$ Streetlamp Banners 3,000$ Total Income 133,100$ Expenses Management Fee 67,000$ Total Expenses 67,000$ Payroll Expenses Maintenance Staff 19,500$ Taxes 1,500$ Work Comp 2,000$ Total Payroll Expenses 23,000$ Programs Christmas Lights 2,000$ Christmas Light Spider Repair 1,500$ New Banners 3,000$ Flower Expenses 18,500$ Flower Water 120$ Tree Purchases 3,000$ Marketing 2,500$ Maintenance Supplies 1,000$ Garbage Bags 1,500$ Graffiti Supplies 1,000$ Mule Service & Fuel 1,000$ Truck Service & Fuel 2,500$ Truck Insurance 2,200$ Other Total Program Expenses 39,820$ Total BID Expenses 129,820$ NET INCOME 3,280$