2026 DWOA Proposed Budget.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 $ 67,809.00 $ 67,809.00 $ 65,809.00 Township Contribution In-Kind $ 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 $ 60,000.00 $ 65,000.00 Executive Director Health Ins Payment $ 5,000.00 $ 5,000.00 $ 5,000.00 Administrative Assistant $ 30,900.00 $ 30,000.00 $ 30,000.00 Payroll Fees $ 1,250.00 $ 1,126.00 $ 1,000.00 Employer Payroll Taxes $ 9,000.00 $ 7,957.50 $ 10,000.00 Office Operations $ 6,000.00 $ 8,812.00 $ 6,000.00 Total Administrative $ 119,100.00 $ 112,895.50 $ 117,000.00 Rent/In Kind $ 12,000.00 $ 12,000.00 $ 12,000.00 Utilities/In Kind $ 1,800.00 $ 1,800.00 $ 1,800.00 Telephone/In Kind $ 3,500.00 $ 3,500.00 $ 3,500.00 General Office/In Kind $ 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 $ 4,000.00 $ 295.00 $ 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