45-15 Proposed SID Budget 2015.pdf

REVENUE 2015 SID Assessments $ 104,644.55 Township Contribution Cash $ 40,809.00 Township Contribution In-Kind $ 28,000.00 2013 Fund Balance Carried Forward $ 34,946.45 Mayors 5K Run $ 10,000.00 Farmers Market $ 1,500.00 Interest Income $ 100.00 Total Revenue $ 220,000.00 EXPENSES Administrative Executive Director $ 55,000.00 Staff Support (Intern) $ 1,000.00 Payroll Fees $ 1,100.00 Employer Taxes $ 5,300.00 Total Administrative $ 62,400.00 Office Operations Director's Expenses (Cell Phone & Brd Mtg Exp) $ 500.00 Annual Report Fees & Bank Fees $ 60.00 Office Equipment $ 1,500.00 Printing $ 750.00 Supplies $ 250.00 Total Office Operations $ 3,060.00 Total Administrative & Office Operations $ 65,460.00 Rent/In Kind $ 12,000.00 Utilities/In Kind $ 1,800.00 Telephone/In Kind $ 3,500.00 General Office/In Kind $ 6,500.00 Postage/In Kind $ 4,200.00 Total In-kind $ 28,000.00 Total Admin. & Office Oper. & In Kind $ 93,460.00 Insurance & Professional Services Directors & Officers $ 1,325.00 Disability/Workman's Comp $ 800.00 Accountant/Auditor $ 5,900.00

Legal Fees $ 500.00 Total Insurance & Professional Services $ 8,525.00 Economic Development Business Retention $ 15,000.00 Total Economic Development $ 15,000.00 Marketing & Promotions Downtown Holiday Open House $ 3,000.00 Edison Day Festival $ 6,000.00 Farmers Market/Halloween $ 6,000.00 Newsletter & Business Promo's $ 4,215.00 TV Show Set & Production $ 1,500.00 Website Branding, Design & Hosting $ 600.00 WO Outlook, WOChronicle, TAP $ 1,500.00 Shop WO Card $ 1,000.00 Total Marketing & Promotions $ 23,815.00 Visual Improvement Banners/New Brand Logo $ 5,000.00 Façade Grant Program $ 20,000.00 Holiday Decorations $ 10,200.00 Landscaping, Planters, Garbage Receptacles $ 15,000.00 Maintenance Worker $ 20,000.00 Bulb Icon Campaign/Mini Museum $ 4,000.00 Total Visual Improvement $ 74,200.00 Organization Community Events- OSPAC, WOCC $ 100.00 Donations/St. Patrick's Day Parade $ 300.00 Dues & Subscriptions $ 600.00 Main Street New Jersey/National Conference $ 2,500.00 Membership Drive Brochure $ 500.00 Trade Shows/Seminars $ 1,000.00 Total Organization $ 5,000.00 Total Expenses $ 220,000.00 In-Kind $ (28,000.00) Total Estimated Budget $192,000.00