HomeMy WebLinkAbout03-09-2017 - City Arts Commission - Finance Ad Hoc Subcommittee Report Current and Future BudgetsNBCAC Budgets DISCUSSION DRAFT
8‐Mar‐17 2016‐2017
SOURCES
General VNB BPATF Private
USES Fund Support Total
Contract Labor $40,000 $40,000
Community Grants $40,000 $40,000
Current Programming ‐ Art shows, Library exhibits $17,000 $17,000
Current Programming ‐ Pop Concerts $18,000 $18,000
Current Programming ‐ Pacific Symphony Concert $60,000 $60,000
New Programming ‐ Film Festival collaboration $0
New Programming ‐ Boat Parade participation $0
New Programming ‐ Culinary arts $0
New Programming ‐ Family performances $0
New Programming ‐ Dance concerts $0
New Programming ‐ Ocean collaboration
General and Administrative $3,000 $3,000
Insurance $9,000 $9,000
NBAF Private Fundraising $0
Total $127,000 $60,000 $0 $0
$187,000
2017‐2018
SOURCES
General VNB BPATF Private
USES Fund Support Total
Contract Labor $45,000 $45,000
Community Grants $10,000 $50,000 $10,000 $70,000
Current Programming ‐ Art shows, Library exhibits $20,000 $5,000 $25,000
Current Programming ‐ Pop Concerts $15,000 $15,000 $30,000
Current Programming ‐ Pacific Symphony Concert $20,000 $40,000 $60,000
New Programming ‐ Music concerts $20,000 $20,000
New Programming ‐ Film Festival collaboration $5,000 $5,000
New Programming ‐ Boat Parade participation $5,000 $5,000
New Programming ‐ Culinary arts $5,000 $3,000 $8,000
New Programming ‐ Family performances $5,000 $8,000 $3,000 $16,000
New Programming ‐ Dance concerts $5,000 $5,000 $10,000
New Programming ‐ Ocean collaboration
General and Administrative $5,000 $5,000
Insurance $10,000 $10,000
NBAF Administrative $35,000 $40,000 $75,000
Total $125,000 $170,000 $43,000 $46,000
$384,000
Notes:
1. VNB available funds for FY17/18 is approx $240,000; VNB continues to fund $150,000/yr.
2. BPATF available funds for FY17/18 is approx $175,000.
3. I‐13 funds of $156,000 to be used for Scuplture Garden in 2016/2017, leaving a balance of $325,000.
4. NBCAC raised $23,000 in private funds in FY16/17, not spent; anticipate same level FY17/18.