TEMESCAL/TELEGRAPH BUSINESS IMPROVEMENT DISTRICT

2013-2014 BUDGET Adopted

Assessments

$292,000 FY12/13 actual plus 5%

interest income
Total Allocated revenue

$0
$292,000

Program
PROWSO
Marketing
Admin
Contingency
Total

Pct allocation, proposed budget

Zone
1
2
3
53.60%
36.40%
10.00%
55.0%
27.0%
23.0%
5.0%
13.4%
10.0%
2.4%
1.0%
24.3%
13.0%
8.9%
2.4%
7.3%
3.6%
2.1%
1.6%
100.0%
53.6%
36.4%
10.0%

Total
55.0%
13.4%
24.3%
7.3%
100.0%

Expected Operating Expenditures

PROWSO
Allocated Revenue
Proposed Expenditures
Safety 1st
Water planters
Landscaping

Total
Zone 1
$
78,840

Zone 2
$
67,160

Zone 3
$
14,600

$
$
$

$
$
$

$
$
$

administration
$
loan service on Ped lighting
Improvement Mini Grants
Total Proposed PROWSO Expenditures $

41,808
7,718
2,573

28,392
5,242
1,747

$
$

160,600
-

7,800
1,440
480

$
$
$

78,000
14,400
4,800

1,520
$400
$0
11,640

$
$
$
$

15,200
4,000
116,400

8,147 $
$2,144
$0
62,390 $

5,533 $
$1,456
$0
42,370 $

16,450

24,790

2,960

44,200

29,200

7,008

2,920

$
$
$

39,128
-

1,000

$
$

1,000

New Event

First Fridays
Halloween Event
Cross-Telegraph Banner
Website
Exec Directors Fees
Total Proposed Marketing Expenditures

$
$
$
$
$
$

1,072
536
1,368
643
4,502
9,122

$
$
$
$
$
$

728
364
432
437
3,058
5,018

$
$

200
100

$
$
$

120
840
1,260

$
$
$
$
$
$

2,000
1,000
1,800
1,200
8,400
15,400

Marketing Pro Forma Surplus / (Deficit) $

20,078

1,990

1,660

23,728

PROWSO Pro Forma Surplus / (Deficit) $

MARKETING AND IDENTITY ENHANCEMENT
Allocated Revenue

Proposed Expenditures
Temescal Street Fair
Street Cinema

ADMINISTRATION
Allocated Revenue
Other
Proposed Expenditures

37,960

25,988

7,008

$
$

70,956
-

Executive Director fees

13,400

9,100

2,500

25,000

Rent
Phone and Internet
Food for meetings
Admin assistant

$
$
$
$

4,770
804
643
3,216

$
$
$
$

3,240
546
437
2,184

$
$
$
$

890
150
120
600

$
$
$
$

8,900
1,500
1,200
6,000

Legal and Accounting

Insurance
Office Supplies and Other
BID RENEWAL
Total Proposed Administration Expenditures

$
$
$
$
$

3,216
2,305
1,072
22,512
51,938

$
$
$
$
$

2,184
1,565
728
15,288
35,272

$
$
$
$
$

600
430
200
4,200
9,690

$
$
$
$
$

6,000
4,300
2,000
42,000
96,900

Administration Pro Forma Surplus / (Deficit) $

CONTINGENCY
Allocated Revenue

$
TOTAL BUDGETED REVENUE $
Check
TOTAL PROPOSED EXPENDITURES $
TOTAL PRO FORMA SURPLUS / (DEFICIT) $

(13,978) $

10,512

156,512 $
53.6%
123,450 $
33,062

(9,284) $

6,132

106,288 $
36.4%
82,660 $
23,628

(2,682) $

4,672

(25,944)

21,316

29,200 $
10.0%
22,590 $

292,000

6,610

228,700
63,300

RESERVES
Change in Reserves, FY13/14
(from above)

RESERVES, Prior Years

(see worksheet)

PROWSO surplus(deficit)
Marketing surplus(deficit)
Administration surplus(deficit)
Contingency revenue
Sub-Total

$
$
$
$
$

Zone 1
16,450
20,078
(13,978)
10,512
33,062

$
$
$
$
$

Zone 2
24,790
1,990
(9,284)
6,132
23,628

$
$
$
$
$

Zone 3
2,960
1,660
(2,682)
4,672
6,610

$
$
$
$
$

Total
44,200
23,728
(25,944)
21,316
63,300

PROWSO Reserves
Marketing Reserves
Administration Reserves
Contingency Reserves
Sub-Total

$
$
$
$
$

(140,002)
29,677
20,889
80,908
(8,528)

$
$
$
$
$

(112,604)
58,372
30,157
53,204
29,129

$
$
$
$
$

(11,752)
19,134
1,632
28,061
37,075

$
$
$
$
$

(264,358)
107,183
52,679
162,172
57,676

$
$
$
$
$

(123,552)
49,755
6,911
91,420
24,534

$
$
$
$
$

(87,814)
60,362
20,874
59,336
52,758

$
$
$
$
$

(8,792)
20,794
(1,050)
32,733
43,685

$
$
$
$
$

(220,158)
130,911
26,735
183,488
120,976

TOTAL RESERVES, FYE 6/30/14 projected

(before capital expenses)

PROWSO
Marketing
Administration
Contingency

Total

PROPOSED EXPENSES AGAINST RESERVES, FY12/13

Zone 1

Zone 2

Zone 3

Total

Tree Lights
Total Project cost
Current FY Proposed BID expenditure
Future BID expenditure

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

Total Project cost

Current FY Proposed BID expenditure
Future BID expenditure

$5,360
$5,360
$0

$3,640
$3,640
$0

$1,000
$1,000
$0

$10,000
$10,000
$0

Gateway Sculpture
Total Project cost
Current FY Proposed BID expenditure
Future BID expenditure

$2,144
$2,144
$0

$1,456
$1,456
$0

$400
$400
$0

$4,000
$4,000
$0

Temescal Flows, two pillars

Total Project cost
Current FY Proposed BID expenditure
Future BID expenditure

$0
$0
$0

$0
$0
$0

$0
$0
$0

$0
$0
$0

Ped oriented lighting, Phase 2

Total Project cost
Spent prior to current FY
Anticipated dedicated revenue, CIVIQ
Loan proceeds
Current FY Proposed BID expenditure

$0
$0
$0
$0
$0

$0
$0
$0
$0
$0

$0
$0
$0
$0
$0

$0
$0

$7,504

$5,096

$1,400

$14,000

Trash Can Mosaics

TOTAL Proposed Expenditures Against Reserves

EXPECTED RESERVES, FYE 6/30/14

17,030

$ 47,662

$ 42,285

$0
$0

106,976