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HomeMy WebLinkAboutE- Packet 07-16-2007_FY 2008 Budget and Work Plan for the Bozeman BID (_9_i, G'llll Do\,hbwN BOZEMAN July 9, 2007 To:Chris Kukulski, City Manager Anna Rosenberry, Finance Director From: Re:FY 2008 budget and work plan for the Downtown Bozeman Business Improvement District (BID) Please find enclosed the BID budget and work plan for Fy 2009 that was unanimously approved by the BID board in June 2007. I have also attached the BID mission statement and objectives for the year that was adopted by the board in November of 2006. Please contact me if you have any questions or would like to discuss this in more detail. D()WNI()WN BOZIMAN PARTNIRSIIIP 224 IASI MAIN STRTI] BOZIMAN, MONTAI'|A 597I5 p.406.586.4008 f.406.586.3882 www. h islori rboze mo n.rom 62 DOWNTOWN BOZEMAN B.I.D. WORK PLAN 2007-2008 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 Continuing Programs funded by attached Assessment Budge (attached) Summer Flowers--The BID purchases, installs and maintains 140 hanging baskets of petunias. These flower baskets are hung throughout downtown from June until September on the historic lamp posts. Holiday Lighting--The BID installs the following holiday lighting downtown: 1) lighted garland on each historic lamp post; 2) lights on the large conifer trees in Soroptimist Park; and 3) the infamous holiday “spider” decoration above the downtown intersections. Maintenance Employee--In the past the BID has employed a part-time maintenance person. This year the BID plans to upgrade the maintenance position to full-time and year round. Primary tasks include garbage collection, tree watering, Soroptomist Park upkeep, maintenance of pedestrian benches, graffiti removal, and snow removal. Downtown Banners--The BID administers the graphic banners throughout the downtown district. In addition to the downtown lamp post banners, the BID facilitates the hanging of lamp post banners for numerous non-profit organizations and event. The BID also rents the over-street banners as advertisements for local events. BID New Initiatives These projects will be funded from BID STIP Account. Each program will be formally presented to the BID board for final approval. Graffiti Removal Pilot--The BID will launch an aggressive graffiti removal program this fiscal year. This program will involve an initial large-scale clean-up effort to remove the extensive graffiti currently afflicting downtown. Then a system will be established to remove new tags as quickly as possible as immediate removal is proven to be the most effective deterrent. Security Patrol Pilot--The BID is researching the feasibility of establishing night-time security patrols throughout the downtown area to help deter vandalism. I-90 Sign Request --The BID is pursuing the placement of a series of highway signs identifying the Historic Main Street district as an officially recognized part of the Registry of National Historic Places. 63 r BID BUDGET 2008 2008 budget Income BID Assessment 104,000$ IDB Management Fee -$ Sidewalk Maint. Program -$ DBA Management Fee -$ Interest Income 1,700$ Flower Sponsorships 7,500$ Downtown Xmas Light Sponso 6,000$ Total Income 119,200$ Expenses Management Fee 57,000$ 57,000$ Programs Christmas Light Program 2,000$ light strands +installation Christmas Spider Repair 3,000$ repair one spider New Banners 2,500$ additional banners Flowers 12,000$ purchase of flowers Marketing 1,000$ general marketing Maintenance/Cleaning 18,000$ full-time hourly employee Repair/Supplies 1,200$ banner rods, MULE, etc. Watering Contract 12,500$ upgrading service level 52,200$ Total Expenses 109,200$ Net Balance 10,000$ 64