8-22 DWOA Budget Narrative.pdf

5 we support and every dollar we spend to assure there is a financial benefit to our business and property owners as well as for the community where we live and work. Allocation Summary Revenue Assessment Income $ 133,000.00 Township Contribution - Cash $ 65,809.00 Township Contribution – In Kind $ 28,000.00 Prior Year Surplus $ 17,000.00 Fundraising Effort Mayors 5K Run $ 5,000.00 Fundraising Promotional Events $ 37,091.00 Interest Income $ 100.00 TOTAL Revenue $ 258,000.00 EXPENSES 1. Admin & Office Operations $ 130,000.00 2. Economic Development $ 3,000.00 3. Ins. & Professional Services $ 5,000.00 4. Marketing & Promotion $ 77,250.00 5. Organization $ 6,600.00 6. Visual Improvement $ 64,150.00 Total Expenses $ 286,000.00 In-Kind office Operations ($ 28,000.00) TOTAL Cash Budget $ 258,000.00 In Summary, this year’s total proposed cash budget is $258,000.00. I respectfully request that you vote YES on this year’s budget and fully support the work of the DWOA. Thank you for your attention to this matter.