45-15 SID Budget Narrative 2015.pdf

2 Expenses 1. Total Administration & Office Operations Expenses relating to the Township’s contribution include rent, utilities, telephone, postage, printing, supplies and contribution towards the overall budget. The Special Improvement District (SID) office is located on the lower level of Township Hall. Township Contributions Cash $40,809.00 In-Kind office expenses $28,000.00 TOTAL Twp Contribution $68,809.00 Total Administration & Office Operations $93,460.00 This sum includes $28,000 in In-Kind expenses received from the Township. The expenses relating to Administration and Office Operations are as follows: Executive Director $55,000.00 Payroll Fees & Taxes $6,400.00 Director expenses5 $500.00 Annual Report & Bank Fees $60.00 Staff Support/Intern $1,000.00 Equipment, Printing & Supplies $2,500.00 Sub Total $65,460.00 In-Kind $28,000.00 Total Administration and Office Operations $93,460.00 2. Professional Services & Insurance $8,525.00 The Downtown West Orange Alliance has allocated the following expenses for Professional Services. Director’s & Officers’ Insurance $1,325.00 Disability/Workman’s Comp. $800.00 5 Expenses = Cell Phone, Local Travel and Board Meeting Supplies