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WEST SAN LEANDRO SHUTTLE BUSINESS IMPROVEMENT DISTRICT ANNUAL REPORT FY 2005-06
<br />Fiscal Year 2005-06, and a recommendation for the Fiscal Year 2005-06 assessment for the
<br />BID.
<br />With respect to the BID assessment for Fiscal Year 2005-06 the Advisory Board recommends
<br />that the San Leandro City Council set the assessment at $10.88 per employee plus a $25 base,
<br />the amount approved by the City Council on September 19, 2005. The re-formed BID will
<br />continue to generate approximately $137,500 or 40% of the total operating budget for the
<br />shuttle. The remaining operating funds will come from grants from the BAAQMD and the
<br />MTC. The San Leandro Redevelopment Agency also serves as a guarantor of the program
<br />and has budgeted up to $100,000 in financial support depending on the availability of grant
<br />funds.
<br />LINKS Financials
<br />The following chart details the LINKS budget for both 2004-OS and 2005-06:
<br />LINKS Comparative Budgets
<br />Beginning Balance:
<br />Fund Balance
<br />LIFT Grant I
<br />BAAQMD
<br />Income:
<br />LIFT Grant I
<br />LIFT Grant H
<br />SL Redevelopment Agency Support
<br />Business Improvement District
<br />BAAQMD
<br />Total Income:
<br />Expenses:
<br />MV Transportation
<br />TMO Staff Wages
<br />Travel and Benefits
<br />Consulting (Audit and Rider Survey)
<br />Professional Fees
<br />Marketing & Advertising
<br />Rent
<br />Insurance
<br />Office Expenses
<br />Misc. Expenses
<br />Contingency
<br />City Accounting
<br />Total Expenses:
<br />Revised Nov 30, 2005
<br />$ 350,333
<br />Amount:
<br />$ 269,333
<br />$ 57,600
<br />$ -
<br />$ lo,ooo
<br />$ 1,000
<br />$ 4,000
<br />$ 2,400
<br />$ 1,500
<br />$ 1,000
<br />$ -
<br />$ -
<br />$ 3,500
<br />$ 350,333
<br />Page 4 of 5
<br />FY 2004-OS FY 2004-05
<br />Budget Actual
<br />Amount: Amount:
<br />$ - $ -
<br />$ - $ 25,000
<br />$ - $ 19,004
<br /> Amount: Amount:
<br />$ 133,333 $ -
<br />$ - $ -
<br />$ 10,000 $ 82,848
<br />$ 135,000 $ 133,738
<br />$ 68,000 $ 59,078
<br />$ 346,333 $ 319,668
<br /> Amount: Amount:
<br />$ 202,000 $ 214,655
<br />$ 80,000 $ 70,800
<br />$ 6,750 $ -
<br />$ 1,500 $ 2,250
<br />$ 7,000 $ 4,498
<br />$ 6,000 $ 3,146
<br />$ 6,000 $ 5,700
<br />$ 1,550 $ 1,389
<br />$ 1,500 $ 1,001
<br />$ 1,700 $ 2,077
<br />$ 32,000 $ -
<br />$ - $ -
<br />$ 346,000 $ 305,516
<br />
<br />FY 2005-06 FY 2005-06
<br />Budget Revised
<br />Amount: Amount:
<br />$ 14,152 $ 14,152
<br />$ - $ -
<br />$ - $ -
<br />Amount:
<br />$ -
<br />$ 133,333
<br />$ 30,848
<br />$ 135,000
<br />$ 69,000
<br />Amount:
<br />$ -
<br />$ 122,617
<br />$ 42,564
<br />$ 137,500
<br />$ 33,500
<br />$ 382,333
<br />Amount:
<br />$ 269,333
<br />$ 73,000
<br />$ 1,000
<br />$ 1,000
<br />$ 2,000
<br />$ 2,000
<br />$ 6,000
<br />$ 2,000
<br />$ 1,000
<br />$ -
<br />$ 25,000
<br />$ -
<br />$ 382,333
<br />
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