45-15 SID Budget Narrative 2015.pdf

5 members of our community. In addition the Alliance will participate in all training and resources offered by the Main Street NJ organization. During the past year we have had more residents attend training offered by Main St NJ than in any other year. This budget provides for an increase for attendance at trade shows & seminars to aid in the development & further education for our business owners and residents. Community Events $ 100.00 Donations/St. Patrick’s Day Parade $ 300.00 Dues & Subscriptions $ 600.00 Main Street NJ/Conference $ 2,500.00 Membership Drive $ 500.00 Trade Shows/Seminars $ 1,000.00 TOTAL Organization $ 5,000.00 SUMMARY The Downtown Alliance Board of Trustees is committed to promoting and supporting the business’ and property owners along the Main Street Corridor. We will remain steadfast in evaluating every program we support and each dime we spend to assure there’s a benefit to our business and property owners and the community at large. REVENUE SID Assessments $ 104,644.55 Township Contribution $ 68,809.006 Fund Balance $ 34,946.45 Other Income $ 11,600.007 TOTAL REVENUE $ 220,000.00 EXPENSES 1. Administration & Office Operations $ 93,460.00 2. Professional Services & Insurance $8,525.00 3. Economic Development $ 15,000.00 6 Includes In-Kind contributions of $28,000 7 Income from 5K Run, Farmers Market & Interest