LESBID_annualreport_.. - Lower East Side Business Improvement ...

FISCAL YEAR 2011 REPORT 7/01/09 – 6/30/10
FY 2011 Budget FY 2011 Actual FY 2011 Budget FY 2011 Actual
Security Camera Grant $6,000 $850
Zoning and Expansion Consultant $52,000 $50,166
Economic Development Consultant $32,000 $20,000
Other Economic Development $13,000 $10,900
Total Economic Development $151,884 $126,107
General and Administrative
Salaries $265,520 $263,199
Employee Benefits and Payroll Taxes $43,578 $36,648
Revenue (Actual)
Misc. Grant Funding
17%
Interest & Misc. Income
1%
Disability, Workers Comp, Unemployment $1,650 $1,440
Rent (Office & Visitor Center) $76,000 $76,000
Office Renovations $27,000 $36,646
Utilities (Office & Visitor Center) $18,000 $14,327
Liability Insurance for Parking Lot $7,000 $0
Liability Insurance for Office & Visitor Center $8,000 $8,672
D&O Insurance $3,200 $1,571
Supplies $8,000 $4,974
Printing & Postage $20,000 $15,874
Equipment, Repairs & Office Maintenance $4,800 $5,127
Audit Consultant $5,000 $4,010
Bank Fees $600 $192
Bookkeeping $6,900 $10,692
Petty Cash, Travel & Entertainment $3,000 $1,424
Computer Expense $0 $11,184
Miscellaneous $4,500 $13,537
Assessments
32%
Parking Lot
Income
50%
Total General and Administrative $505,448 $505,517
TOTAL EXPENSES $969,288 $942,870
INCOME $41,562 $90,332
Lower East Side Annual Report 2011 y 23