|
ADOPTED 2024 BUDGET |
ADOPTED 2025 BUDGET |
| REVENUE & FINANCIAL SOURCES: |
|
|
| Operating Revenues |
|
|
| Charges for services |
|
|
| Rental & financing income |
|
|
| Other operating revenues |
$ 102,000.00 |
$ 27,000.00 |
| – Administrative Fee (Hoffman Carwash/Benjamin Moore) |
$ 800.00 |
$ 800.00 |
| – Land Lease |
$ 1,200.00 |
$ 1,200.00 |
| – Winstanley Option |
$ 100,000.00 |
$ 25,000.00 |
| Nonoperating Revenues |
|
|
| Investment earnings |
$ 9,000.00 |
$ 40,000.00 |
| State subsidies/grants |
|
|
| Federal subsidies/grants |
|
|
| Municipal subsidies/grants |
$ – |
$ – |
| – Fulton County |
|
|
| Public authority subsidies |
|
|
| Other nonoperating revenues: |
$ 140,507.00 |
$ 260,320.00 |
| – Transfer |
$ 125,507.00 |
$ 243,320.00 |
| – Winstanley Reimbursement for Mowing |
$ 10,000.00 |
$ 12,000.00 |
| – Gloversville Water Board: Year 4 |
$ 5,000.00 |
$ 5,000.00 |
| Total Revenue & Financial Sources |
$ 251,507.00 |
$ 327,320.00 |
|
|
|
| EXPENDITURES: |
|
|
| Operating Expenditures |
|
|
| Salaries and wages: Executive Director and CFO |
$ 38,287.00 |
$ 42,000.00 |
| Consultant |
|
$5,000.00 |
| Other employee benefits |
|
|
| Professional services contracts |
$139,000.00 |
$ 139,000.00 |
| -West & Company |
$ 10,000.00 |
$ 10,000.00 |
| -Legal |
$ 9,000.00 |
$ 9,000.00 |
| -Shovel-ready Sites: Engineering/Realtor |
$ 120,000.00 |
$ 120,000.00 |
| Supplies and materials |
|
|
| Other operating expenditures |
$ 58,770.00 |
$ 123,220.00 |
| -Meetings (2) |
$ 1,500.00 |
$ 1,500.00 |
| -NYSEDC Membership |
$ 900.00 |
$ 900.00 |
| -FCCRG Gold Membership |
$ 1,000.00 |
$ 1,000.00 |
| -FMRCOC Membership |
|
$ 400.00 |
| -IDA website |
$ 15,000.00 |
$ 15,000.00 |
| -Website Research Project |
|
$ 14,000.00 |
| -Miscellaneous |
$ 250.00 |
$ 250.00 |
| -Quicken |
$ 70.00 |
$ 70.00 |
| -Sponsorships |
$ 5,000.00 |
$ 5,000.00 |
| -County Projects |
$ 25,000.00 |
$ 25,000.00 |
| -Town of Johnstown Fire Taxes: NYS Rt. 30A properties |
$ 50.00 |
$ 100.00 |
| -Crossroads Business Park |
$ 10,000.00 |
$ 10,000.00 |
| Interconnect Study |
|
$ 50,000.00 |
| Nonoperating Expenditures |
$ – |
$ – |
| Payment of principal on debt |
|
|
| Interest and other financing charges |
|
|
| Grants and donations |
|
|
| Other nonoperating expenditures: Tryon |
$ 15,450.00 |
$ 18,100.00 |
| – Mowing/Sign |
$ 10,000.00 |
$ 12,000.00 |
| – Town of Johnstown Fire Tax |
$ 600.00 |
$ 600.00 |
| – Town of Perth Fire Tax |
$ – |
$ – |
| – NYMIR |
$ 4,200.00 |
$ 5,000.00 |
| – SPDES Permit |
$ 150.00 |
|
| – Miscellaneous |
$ 500.00 |
$ 500.00 |
| Total Expenditures |
$ 251,507.00 |
$ 327,320.00 |
| Capital Contributions |
$ – |
$ – |
| Excess (deficiency) of revenues and capital contributions over expenditures |
$ – |
$ – |
|
|
|
