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HomeMy WebLinkAboutICDD Agenda Packet 12-11-18 Open Public Meeting Review To Review Fiscal Year 2020 Iowa City Downtown District Preliminary Budget 1:30 pm December 11, 2018 City of Iowa City City Hall Helling Conference Room (off Lobby) 410 E. Washington Street Iowa City, Iowa 52240 AGENDA: Call to Order New Business ●Review of the Preliminary Draft FY20 ICDD Budget provided by ICDD Advisory Committee ●Recommendation to Approve / Deny / Amend to the ICDD Board of Directors Adjourn Io w a C i t y D o w n t o w n D i s t r i c t FY 1 9 B U D G E T c o m p a r i s o n t o p r o p o s e d p r e l i m i n a r y F Y 2 0 B u d g e t De c e m b e r 2 0 1 8 FY 1 9 B u d g e t FY 2 0 P r o p o s e d B u d g e t Pe r c e n t C h a n g e 1 IN C O M E 2 S S M I D P r o p e r t y T a x A s s e s s m e n t $4 2 1 , 1 3 9 $4 2 1 , 1 3 9 0.0% 3 U n i v e r s i t y o f I o w a C o n t r i b u t i o n $1 9 5 , 5 0 0 $1 9 9 , 2 5 0 1.9% 4 P r o g r a m & I n i t i a t i v e s I n c o m e $9 9 , 7 0 0 $9 9 , 7 0 0 0.0% 5 E v e n t s & S p o n s o r I n c o m e $3 3 4 , 0 0 0 $3 3 4 , 0 0 0 0.0% 9 TO T A L I N C O M E $1 , 0 5 0 , 3 3 9 $1 , 0 5 4 , 0 8 9 0.4% 10 $7 4 2 , 1 0 0 11 EX P E N S E S 12 D i s t r i c t - W i d e M a r k e t i n g $1 5 0 , 0 0 0 $1 5 0 , 0 0 0 0.0% 13 E v e n t E x p e n s e $2 6 4 , 0 0 0 $2 7 3 , 0 0 0 3.4% 14 P r o g r a m s & I n i t i a t i v e s $1 9 4 , 5 0 0 $1 9 4 , 5 0 0 0.0% 15 M e m b e r s h i p & C o m m u n i t y E n g a g e m e n t $1 1 , 5 0 0 $1 1 , 5 0 0 0.0% 16 O f f i c e A d m i n i s t r a t i o n $5 4 , 2 0 0 $4 2 , 2 0 0 -2 2 . 1 % 17 P e r s o n n e l $3 5 9 , 8 5 0 $3 6 5 , 8 5 0 1.7% 18 C o n t i n g e n c y $1 6 , 2 8 9 ) $1 7 , 0 3 9 ) 4.6% 19 TO T A L E X P E N S E S $1 , 0 5 0 , 3 3 9 $1 , 0 5 4 , 0 8 9 0.4% 20 NE T G A I N / L O S S $0 $0 0. 0 0 %