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Finance Highlights 2008 0729
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Finance Highlights 2008 0729
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Last modified
8/29/2008 10:13:54 AM
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8/29/2008 10:13:48 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
7/29/2008
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_CC Agenda 2008 0902
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\City Clerk\City Council\Agenda Packets\2008\Packet 2008 0902
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Administration Summary Financial Statement <br />Davis Street Family Resource Center <br />Administration <br />Summary Financial Statement <br />4 years ended 06!3012007 <br />(Dollars in OOOs) <br />SUPPORT <br />REVENUE ANll SUPPORT <br />2004 2006 2006 2007 Total <br />$175 $86 $122 $144 $527 <br />FEED E XPENSES <br />Salaries, taxes-and benefits $59 $469 $_ 323 -$306 $1_,157 <br />Space-Costs $86 $74 $86 $49 $295 <br />A]I Other $187 $278 $217 $11.0 $792 <br />TOTALFLiEIJEXPENSES $332 $821 $626 $465 $2,244 <br /> <br />NET :~L~RGLY -$157 -$735 -$504 -:$321 -$1,717 <br /> <br />Thy pCojection for Phis program has assumed ti 5% compound groanh rate for Support <br />:beginning with a 4-year average figu re, -and a 6;'° compotnd grov~~th rate <br />for fixed expenses. <br />FOURYEAR I'ROJECTIO~V 2008 2009 2010 2011 <br />Revenue and Support $138 $1.45 $153 $'160 <br />Piled Costs. $493 $522 $554 $587 <br />Net Surplus -$355 -$377 -$401 -$427 <br />Sustainability Study: Davis Street Family Resource Center - 4/08 Page 60 of 96 <br />
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