55-26 Downtown W.O. Alliance Budget Documents 2.19.26.pdf

DWOA Proposed Budget Long Version 2026 REVENUE Projected 2026 | Actual Budget 2025 SID Assessments $ 150,000.00 |$ 130,661.40 }$ 135,000.00 Township Contribution Cash s 67,809.00 |$ 67,809.00 | $ 65,809.00 Township Contribution In-Kind s 28,000.00 }$ 28,000.00 | $ 28,000.00 Prior year Surplus $ 5,000.00 |$ 15,000.00 | $ 5,000.00 Fundraising Income Fall Event $ 5,000.00 | $ - |$ 5,000.00 Fundraising Efforts all other events § 20,000.00 |$ 25,100.00 | $ 30,000.00 Transformation Strategie MSNJ $ 72,189.00 |$ 72,189.00 Interest Income $ 300.00 |$ 600.00 | $ 100.00 Total:Revenue. $ 348,298.00 |-$: 339,359.40 © 268,909.00 EXPENSES Administrative Executive Director Salary $ 66,950.00 |S 60,000.00 | $ 65,000.00 Executive Director Health Ins Payment S 5,000.00 | $ 5,000.00 | $ 5,000.00 Administrative Assistant S 30,900.00 |$ 30,000.00 | S 30,000.00 Payroll Fees S 1,250.00 | $ 1,126.00 | $ 1,000.00 Employer Payroll Taxes $ 9,000.00 }$ 7,957.50 15 10,000.00 Office Operations s 6,000.00 | $ 8,812.00 |$ 6,000.00 Total Administrative $139,200.00 | $* .112,895.50:| $ 117;000.00. Reni/in Kind Ss 12,000.00 |§ 12,000.00 |$ _ 12,000.00 Utilities/In Kind $s 1,800.00 |S 1,800.00 |S 1,800.00 Telephone/in Kind Ss 3,500.00 |S 3,500.00 |$ 3,500.00 General Office/in Kind Ss 6,500.00 |§ 6,500.00 |$ 6,500.00 Postage/In Kind § 4,200.00 |§ 4,200.00 }$ 4,200.00 Total In-kind $ 28,000.00 |'$ ° 28;000.00'|$ 28,000.00 [Total Admin. & Office Oper. & In-Kind $ 147,100.00-|.$ 140,895.50:| $. 145,000.00: Economic Development Business Retention S 4,000.00 | $ 295.00] S 3,909.00 Total Economic Development $ 4,000.00 |-$. .295.00°| $ 3,909.00. Insurance & Professional Services Directors & Officers $ 1,850.00 | $ 1,125.37 | $ 1,500.00 Disability/Workman's Comp $ 550.00 |$ 557.00 | $ 500,00 Accountant/Auditor $ 13,000.00 |$ 12,500.00 | $ 3,000.00 Total Insurance & Professional Services $ 15,400:00 $ .14,182.37|$ 5,000.00