You are here

Financial Statement

	Operating Budget for Fiscal Year 2014 (July 1, 2013 - June 30, 2014)						Operating Budget for Fiscal Year 2013 (July 1, 2012 - June 30, 2013)
Administration
Personnel	$	390,000					$	380,000
Rent, supplies, etc.	$	150,000					$	200,000
Insurance	$	30,000					$	25,000
Professional Fees	$	20,000		$	590,000		$	20,000		$	625,000
Operations
Sanitation	$	620,000					$	600,000
Security	$	360,000					$	350,000
Homeless Outreach	$	115,000					$	110,000
Traffic Management	$	10,000		$	1,105,000		$	0		$	1,060,000
Marketing
Business Promotion & Marketing	$	200,000					$	190,000
Beautification	$	170,000					$	170,000
Streetscape Improvements	$	335,000		$	705,000		$	155,000		$	515,000
BUDGETED EXPENSES				$	2,400,000					$	2,200,000
Revenue				$	2,200,000					$	2,200,000
Revenue Over (Under) Expenses				$	(200,000)					$	0

FY 2012 Audit Highlights For the complete FY 2012 audit prepared by Skody, Scot & Co. Company, click here. To requests copies of audits from previous years, e-mail us. Statements of Financial Position
	FY 2012		FY 2011
Assets
Cash	$	422,662	$	303.346
Certificates of Deposit	$	1,002,130	$	1,001,944
Prepaid Expenses	$	24,340	$	30.459
Property & Equipment	$	12,436	$	16,883
Other Assets	$	9,856	$	9,856
TOTAL	$	1,471,424	$	1,362,488
Liabilities/Net Assets
Liabilities	$	119,945	$	106,370
Net Assets	$	1,351,479	$	1,256,118
TOTAL	$	1,471,424	$	1,362,488

Statements of Activities
	FY 2012		FY 2011
Support and Revenues
Assessment Revenue	$	2,200,000	$	2,200,000
Contributions/Interest	$	14,593	$	2,883
TOTAL	$	2,214,593	$	2,202.883
Expenses
Marketing/Promotion	$	402,477	$	290,669
Security	$	435,357	$	393,638
Sanitation	$	660,715	$	642,248
Social Services	$	127,758	$	121,050
Public Improvements	$	175,730	$	249,320
Administration	$	317,195	$	312,992
TOTAL	$	2,119,232	$	2,009,917
Net Assets, End of Year	$	1,351,479	$	1,256,118