80 WATT DISTRICT ANNUAL BUDGET 2018 Projections The cost of providing improvements and activities for 2018 is consistent with the Management District Plan. There will be no increase in assessment for 2018/2019.
$35,625.16
$26,718.87
Security
$40,078.31
Maintenance Advocacy & Image Enhancement $48,984.60
Capital Improvements Administration
$222,657.27 $71,250.33
Contingency
2017 Actuals 2017 expenses were consistent with the Management District Plan. Budgeted and actual 2017 expenses are shown below. Category Security
2017 Budgeted
2017 Actual Received
2017 Actual Spent
Rollover
50%
$222,657.27
$223,860.85
$219,801.72
$4,059.13
Maintenance
16%
$71,250.33
$71,635.47
$61,814.63
$9,820.84
Advocacy & Image
11%
$48,984.60
$49,249.39
$39,999.93
$9,249.46
Capital Improvements
9%
$40,078.31
$40,294.95
$2,056.20
$38,238.75
Administration
8%
$35,625.16
$35,817.74
$21,968.77
$13,848.97
Contingency
0%
$26,718.87
$26,863.30
$4,304.13
$22,559.17
$447,722.00
$349,945.38
$97,776.32
Total
100%
$445,315.00
Surplus
Other Funding
The amount of money to be carried over from 2017 is $97,776.32.
In 2017, the 80-Watt District took in $6,843 of non-assessed funds and $21,000 of in-kind services.
Page 3 | Watt Avenue Property & Business Improvement District 2017 Annual Report