|
2022 BUDGET |
ADOPTED 2023 BUDGET |
| REVENUE & FINANCIAL SOURCES: |
|
|
| Operating Revenues |
|
|
| Charges for services |
|
|
| Rental & financing income |
|
|
| Other operating revenues |
$ 41,000.00 |
$ 5,800.00 |
| – Administration Fee (CG Roxane/Benjamin Moore) |
$ 800.00 |
$ 800.00 |
| – Land Lease |
$ 1,200.00 |
$ – |
| – NEXUS Lease |
$ 34,000.00 |
$ – |
| – Gloversville Water Board |
$ 5,000.00 |
$ 5,000.00 |
|
|
|
| Nonoperating Revenues |
$ 165,140.00 |
$ 197,820.00 |
| Investment earnings |
$ 1,000.00 |
$ 15,000.00 |
| State subsidies/grants |
|
|
| Federal subsidies/grants |
|
|
| Municipal subsidies/grants |
$ – |
$ – |
| – Fulton County |
|
|
| Public authority subsidies |
|
|
| Other nonoperating revenues |
$164,140.00 |
$182,820.00 |
| Proceeds from the issuance of debt |
$ – |
$ – |
| Total Revenue & Financial Sources |
$206,140.00 |
$ 203,620.00 |
|
|
|
| EXPENDITURES: |
|
|
| Operating Expenditures |
|
|
| Salaries and wages: Executive Director and CFO |
$ 32,000.00 |
$ 34,000.00 |
| Other employee benefits |
|
|
| Professional services contracts |
$ 78,500.00 |
$138,500.00 |
| -West & Company |
$ 9,500.00 |
$ 9,500.00 |
| -Legal |
$ 9,000.00 |
$ 9,000.00 |
| -Engineering: Shovel-ready Sites |
$ 60,000.00 |
$120,000.00 |
| Supplies and materials |
|
|
| Other operating expenditures |
$ 95,640.00 |
$ 31,120.00 |
| -Tryon Technology Park |
$ 78,000.00 |
$ 12,300.00 |
| -Meetings (2) |
$ 1,400.00 |
$ 1,500.00 |
| -NYSEDC Membership |
$ 850.00 |
$ 900.00 |
| -Town of Johnstown Fire Taxes: NYS Rt. 30A properties |
$ 80.00 |
$ 100.00 |
| -FCCRG Gold Membership |
$ 1,000.00 |
$ 1,000.00 |
| -IDA website |
$ 14,000.00 |
$ 15,000.00 |
| -Miscellaneous |
$ 250.00 |
$ 250.00 |
| -Quicken |
$ 60.00 |
$ 70.00 |
| Nonoperating Expenditures |
$ – |
$ – |
| Payment of principal on debt |
|
|
| Interest and other financing charges |
|
|
| Grants and donations |
|
|
| Other nonoperating expenditures |
|
|
| Refund – overpayment |
|
|
|
|
|
| Total Expenditures |
$206,140.00 |
$203,620.00 |
| Capital Contributions |
$ – |
$ – |
| Excess (deficiency) of revenues and capital contributions over expenditures |
$ – |
$ – |
