HomeMy WebLinkAbout1991-10-16 91-376 ORDERCOUNCIL ACTION
Item No. .91,376
Date October S. 1991
Item/Subject: Order approving Bangor 2000 Budget
Responsible Department: Community and Economic Development
Commentary:
As the mutual contract between the City of Bangor and the Greater
Bangor Chamber of Commerce stipulates, each entity meat approve the
Bangor 2000 budget.
The attached budget was developed by the Bangor 2000 Finance
Committee, recommended by the Steering Committee and approved by the
Greater Bangor Chamber of Commerce.
The Community and Economic Development Committee hoe unaminously
recommended approval. �we
Department Mad
City Manager
Associated Information:
Budget Approval:
e nce Director
e err �_--_---C�
City Solicitor
essage
_First Reading Page 1 of 6
Referral
91-3]6
Assigned to Conceder Saxl, October 16, 1991
_, CITY OF BANGOR
(TITLE,) Mrbtr; ^pp m"NE B"9g 2000 Budget for 1991-92 .............. .............
By w City Caused of Me My of Danger:
ORDERED,
THAT WHEREAS, the City of Bangor annually approves the
Bangor 2000 budget; and
WBEBBlS, the City has previously approved the Bangor
2000 annual work program;
BE IT TTEREBORE ORDERED THAT, the City of Bangor
hereby approve the proposed 1991-92 budget for Bangor 2000.
IN CITY COUNCIL
October 16, 1991
Passed by the following yes and
no votes. Councilors voting yes:
Bragg, Cohen, Frankel, Seal,
Svanevd, stove and Sullivan.
Councilor voting no: gelds 1.
Cov�tSavyer.
Cin a RR
91-376
ORDER
Title,
)551;ovigggq qg 2.000 Bydyet ,jAr.1p,91-9R
J300 October 7, 1991
519 MAIN STREET, BANGOR, MAINE 04401-8891 20]/94]5205
MEMORANDUM
To: Bangor City Council,. Community and Economic Development Committee
FROM: Les Stevens, Director ;Z. l
RE. Bangor 2000 Line Item Budget
BACKGROUND
Bangor 2000's line item budget for 91/92 has been developed and
approved by Bangor 2000's Finance Committee m
coisting of Chris
Popper, Scottie Bell, Ken Gibb. Peter Daigle, Wayne Lawton, Cynthia
Cavanaugh and Barry Asalone. The budget has also been approved by
the Bangor 2000 Steering Committee and by the Board of Directors
of the Greater Bangor Chamber of Commerce.
Highlights of the 91/92 budget are:
* A change to a July let through June 30th fiscal year to
be consistent with the City of Bangor's fiscal year.
* A more diversified source of revenue of which the Garden
Show is the most significant.
• Creation of a full-time AS5i8tant/Coordinator position to
replace an 18 hour per week clerk position. The Assistant/
Coordinator position will provide clerical support functions
and project management functions for the Keep America
Beautiful Program.
* A reflection of Bangor 2000's evolution to independent
Status as a private non-profit tax-exempt organization.
RECOMMENDED ACTION: That the Community and Economic Development
Committee of the Bangor City Council pass a resolution approving
Bangor 2000's 91/92 line item budget and forwarding the budget
to the City Council for their consideration.
i'
BANGOR 2000
BUDGET
REVENUE
91/92
1990
State Grant
16,230
Interest Income -
2,000
--
Bus Bash
11585
City of Bangor
35,000
40,000
Private Sector
20,000
20,000
2nd Annual Garden Show
73,210
--
Chamber Inkind
13,802
16,853
let Annual Garden Shaw Carry Forward
14,706
--
Continuing Budget Carry Forward
- 37,000
--
Total Revenue
$197,303
$93,093
EXPENSES
PERSONNEL
Director
30,250
25,000
Assistant/Coordinator
13,521
3,500
Payroll Burden (15%)
6,566
3,100
- FICA
- unemployment (Fed/State)
- Workers Compensation
- Health Insurance
Sub -total
$50,337
$31,600
SECOND ANNUAL GARDEN SHOW
$47,715
--
BANGOR BEAUTIFUL SEED MONEY
11000
500
i'
(2)
ADMINISTRATION 91/92 1990
Liability Insurance 21000
Dues b Subscriptions 1,400 900
Telephone 2,000 1,600
Postage 21500 1,700
Office Supplies 2,500 2,000
Travel d Business,Expenses 51000 11000
Professional Services (Bookkeeping, Incor- 41000 1,200
poration work, financial review)
Sub -total $20,200 $9,200
INCOME TAXES $ 4,000
MARKETING, PROMOTIONS, AND PUBLIC EDUCATION
Bangor Beautiful Marketing Consultancy
2,000
--
Bangor Maps
11000
Trade Show Display
21500
61000
Folders (10,000)
2,400
--
Other Marketing
19,127
- Sales Tools
16,868
- Consultancy
500
- Servicing Conventions
31000
- Advertising
51000
- Direct Mail
- Trade Show Participation
2,150
Sub -total
$37,027
$33,518
CHAMBER INKING
Committee meeting set up (coffee, water, etc.)
208
Rent
6,629
Electric, water, sewer, (utilities)
622
Business Insurance
350
Phone Answering Service
700
Heat
363
9
(3)
91192
1990
Fax
120
Phone Installation Downstairs
62
Grounds, rubbish, janitor
11081
Computer Usage
340
Office equipment (copier, mailing
machine)
580
Equipment repair
347
Office equipment (typewriter,
files, desks)
2,000
Paper products, (cups, toilet
paper, paper
200
towels)
Sub -total
$13,802
§16,863
CONTINGENCY
2,000
Soo
TOTAL EXPENSES
176,081
92,161
END OF YEAR CARRY FORWARD
21,222
912