Blog
2017 Proposed Budget
North End BIZ 2017 Proposed Budget :
Annual Rental Value $4,523,100.00 (increase of $661,140.00) BIZ Levy 1.3% (Same as 2016 )
| Proposed Programs | 2017
Biz Levy 1.3% ARV $4,523,100.00 |
2016 (Comparative)
Biz Levy 1.3% ARV $3,845,000.00 |
Notes to 2016 Budget
Highlighted Items from Surplus Funds |
| ADMINISTRATION | |||
| Take Pride Winnipeg
Green Wave Team Contribution |
$500.00 | $500.00 | Take Pride Winnipeg receives funding. We provide donation to program. |
| Accounting/Audit | $2,450.00 | $2,000.00 | Increase in Audit fees due to increase in programs. |
| Office Supplies | $1,700.00 | $1,700.00 | |
| Administrative Support | $1,000.00 | $1,000.00 | |
| Meeting Budget | $3,000.00 | $3,000.00 | |
| Administrator Salary /
Grant Coordinator / Web Site Administration |
$26,400.00 | $26,400.00 | |
| Conference / Travel | $2,450.00 | $1,000.00 | IDA in Winnipeg in 2017. Subsidy from WBA surplus as well to send delegates. 4 Board Members/Staff to attend. |
| MARKETING | |||
| Website Development/Maintenance | $1,000.00 | 2016 went live. Now annual hosting, updates and improvements with developer. Basic Maintenance by BIZ Administrator. | |
| SPECIAL PROJECTS | |||
| Exterior Storefront Grants
Exterior Safety Grants Exterior Lighting Grants Web Site Dev. Grants
|
$10,000.00
$10,000.00 $1,000.00 $12,000.00
|
$6,000.00
$6,000.00
$12,000.00
|
Consideration to raise grant amount to $1,500.00 due to increases in supply and contractor costs.
2 safety lights left. Finish Program. |
| COMMUNITY SUPPORT | |||
| Graffiti Partnership with West End/Exchange BIZ`s | $1,250.00 | $1,250.00 | Receive year round removal, once per month. |
| STREET BEAUTIFICATION | |||
| Holiday Lights Campaign | $12,000.00 | $20,000.00 | New Project. From Surplus Funds 2016/2017
Electrical receptacle installation/ light installation and removal seasonally. |
| OTHER | |||
| Under/Over Payment | $500.00 | $500.00 | Generally under/over $500.00 or less. Can come from Surplus if over payment deducted from City levy payment. |
| TOTALS | (2017) $58,800.00
Levy Budget |
(2016) $49,350.00
Levy Budget |
THE LEVY PERCENTAGE HAS NOT CHANGED. INCREASE IN BUDGET DUE TO INCREASE IN ARV. |
October 31, 2016