HomeMy WebLinkAbout16 & 17 - Reso 2014-45 NBRA BID - PowerPoint (Staff)Agenda Item No. 16
May 27, 2014
City Funding to BIDs $80,000
Accounting Services (City Paid)
$38,000
Total City Contribution $1181000
City Funding to BIDs $80,000 $40,000
Funding Admin and Accounting
NBRA ($40,000)
CdM ($61,000)
City Hire part -time staff (shared by both BIDs)
Total Variance
$101,000 $_O_
(Proposed for City
to Fund)
$ -0- $45,000
$181"000 $85,000
NBRA Annual Budget $193,000 $173,000
Source of Funds — City Funding $40,000 $20,000
Support Costs — Admin & Accounting $40,000 $ -0-
CdM Annual Budget* $212,800 $192,800
Source of Funds — City Funding $40,000 $20,000
Use of Funds — Gateway Project $35,000 $25,000
Use of Funds — Marguerite Project $70,625 $60,625
*CdM BID did not budget for the Admin /Accounting services
Delinquent Assessment Collection
• Options:
—Personal Contact
—Collections Agency
—Small Claims Court
• Potential
— Withhold Business License
Billing Alternatives
• Municipal Services Statement
• Business License Renewal