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Income:
<br />Lifeline Grant Cycle 3 ($336,000)
<br />Recommended by ACTC, Pending
<br />Approval ---100,800 114,240 (1)
<br />Total Income:267,602 320,496 303,161 345,780 120,316
<br />Expenses:
<br />MV Transportation 266,083 238,175 234,000 251,000 273,000
<br />TMO Staff Wages 24,000 24,000 24,000 24,000 24,000
<br />Consulting (Audit and Rider Survey)5,000 0 5,000 5,000 5,000
<br />Marketing, Advertising, and Misc.324 0 2,500 2,500 2,500
<br />Insurance/Tax Return 1,795 1797 1,795 1,795 1,795
<br />City Administration and Accounting 3,500 3,500 3,500 3,500 3,500
<br />Total Expenses:300,702 267,472 270,795 287,795 309,795
<br />Net Income -33,100 53,024 32,366 57,985 -189,479
<br />Year End Balance (4)49,348 102,372 134,738 192,723 3,244
<br />(1) Lifeline Grant Cycle 3 ($336,000). 3 Yr Grant. Approval recommended but pending.
<br />(2) BID expires June 30, 2014 (FY 2013-14)
<br />(3) FY 2012-13, 2013-14 BID assumes 2.6% CPI increase.
<br />(4) Grant reimbursements can only be drawn as a percentage of the total expense for the reporting period. As a result of the
<br /> reimbursement process, a reserve balance is required at all times for cash flow purposes.
<br />Budget
<br />-
<br />6,076
<br />-
<br />-
<br />FY 2014-15
<br />Business Improvement District (3)121,000 131,210 134,000 137,000
<br />TFCA Grant -66,605 47,500 -
<br />Lifeline Grant* Cycle 2 ($405,000)
<br />Grant extended to Dec 2014.96,602 72,681 121,661 107,980
<br />RDA Contribution 50,000 50,000 --
<br />EXHIBIT C - LINKS BUDGET FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14
<br />Actual Actual Budget Budget
<br />(2)
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