10-12-26 – BID Board FULL PACKET

Please note that, upon reasonable notice, at least 24 hours in advance, efforts will be made to accommodate the needs of disabled individuals through appropriate aids and services or provide a video link for meetings. For additional information to request this service, please contact the City Clerk's Office at 715 -479-8682 ext. 222, 525 E. Maple Street, P.O. Box 1269, Eagle River WI 54521. Posted 10/9/2026 rcg AGENDA NOTICE (10/8/2026) NOTICE OF PUBLIC MEETING The City of Eagle River Business Improvement District Board will hold a meeting on Monday, October 12, 2026 at 9:30 am in the Eagle River Revitalization Office at the Eagle River City Hall located at 525 East Maple Street, Eagle River, WI 1. Call to Order 2. Roll Call 3. Approve Agenda in any order 4. Approve Minutes of 2025 meeting 5. Discussion and possible action on the following agenda items: A. Di scuss BID Assessment – Move to continue with no changes for 2027 B. D iscuss & approve recommendation for 2027 ERRP Budget C. BI D Board term renewals : Discuss & approve re-assignment of BID Board members for three- year terms beginning November 2026: Tom Stephens, Kristie Barnekow, and Jon Touchette D. O pen discussion, items for next agenda E. S et next board meeting 6. Adjourn Submitted by Robin Ginner, City Administrator CITY OF EAGLE RIVER BUSINESS IMPROVEMENT DISTRICT BOARD MEETING MINUTES Date: Monday, September 22, 2025 Time: 2:00 p.m. Location: Eagle River City Hall Chambers, 525 East Maple Street, Eagle River, WI, and via Zoom 1. Call to Order Chair Robin Ginner called the meeting to order at 2:00 p.m. with a quorum present. 2. Roll Call BID Board Members Present: Tom Stephens, Greg Hahn, Kristie Barnekow, Glenn Schiffman, Katie Hayes City of Eagle River: Robin Ginner, City Administrator/Chair; Mayor Debra Brown Eagle River Revitalization Program (ERRP): Karen Margelofsky, Executive Director (virtual); Danielle Mazur, ERRP Board President Others Present: Rob Wulf, present until approximately 2:30 p.m. 3. Approval of Agenda Tom Stephens moved to approve the agenda. Katie Hayes seconded the motion. There was no discussion. The motion passed unanimously. 4. Approval of Previous Meeting Minutes Tom Stephens moved to approve the minutes of the previous meeting. Robin Ginner seconded the motion. There was no discussion. Tom Stephens, Glenn Schiffman, and Robin Ginner voted in favor. Katie Hayes abstained because she was not present at the previous meeting. The motion passed. 5. BID Assessment — 2026 Assessment Rate Karen Margelofsky reported that ERRP recommends maintaining the current BID assessment rate for 2026 at $1.05 per $1,000 of assessed value, with a $4,300 maximum assessment per individual tax bill or group of tax bills under the same legal name. The BID Board was provided with an assessment spreadsheet showing the proposed total assessment. Karen noted that the final amount may change following receipt of the State Manufacturing Equalized Value rolls, expected in mid-October. The overall assessment has decreased from the previous year, primarily because Norvado is now exempt following its transition to State TeleCo, along with decreases in the assessed values of some other properties following reassessment. Glenn Schiffman asked whether properties annexed into the City during the past year had been added to the BID. Karen explained that adding newly constructed or annexed properties to the BID is a separate process currently being reviewed by the ERRP Economic Vitality Committee. A team led by Jim Holperin and Tom Stephens is identifying potential properties and contacting property owners regarding possible inclusion in the BID. Tom Stephens moved to maintain the 2026 BID assessment rate at $1.05 per $1,000 of assessed value, with a maximum assessment of $4,300 for an individual tax bill or group of tax bills under the same legal name. Glenn Schiffman seconded the motion. The motion passed unanimously. 6. 2026 ERRP Budget Recommendation Karen Margelofsky presented the 2026 ERRP budget materials that will also be provided to the Mayor and City Council. a. WEDC Grants Robin Ginner noted that one of the largest changes in the budget is related to the increased amount of WEDC grant activity. Karen explained that the WEDC funds column for the Vibrant Spaces project reflects the total project amount rather than only the $50,000 WEDC grant. The Impact Grant is a pass-through grant that ERRP will receive from WEDC and distribute to business owners. ERRP has received 21 Impact Grant applications representing more than $2 million in proposed projects and nearly $500,000 in requested grant matches. The committee has narrowed the applications to 10 that can move forward and five that require additional information. The committee will meet again on September 29, 2025, to review the applications. b. Staffing Karen reported that, with her upcoming departure, ERRP has budgeted for a new executive director and additional staff. The budget also includes a potential events coordinator position to oversee the Farmers Market and Artscape programs. c. Playground Project Karen reported that she met with Brad Adamovich and Mike Sanborn regarding installation of playground equipment delivered in the spring. The remaining approximately $48,000 in project costs includes the poured rubber surface at the Riverview Park playground and the newest playground equipment at Gremban Park. Once the final Phase 2 equipment is installed, including the WeeSaw seesaw and three drums, ERRP can conduct a fundraising campaign to secure the remaining funding. d. Farmers Market Shed Karen reported that nearly all work on the Farmers Market shed is complete. Remaining items include the awnings and City of Eagle River sign on the front of the building, as well as a sign on the north side featuring the Farmers Market logo, shed builders, and the Promotion, Tourism & Development Grant logo. e. Square Fundraising Robin Ginner noted that the budget included a $5,000 City contribution to the square fundraising effort, which had been eliminated from the City's budget several years ago. Karen explained that the square fundraising committee has received $9,000 from Rotary, with an anticipated annual $5,000 pledge; a private donor has pledged $10,000 annually; ERRP has budgeted $5,000 annually; and the Chamber has pledged $5,000 annually. The committee is also seeking $1,000 annual contributions from eight area lenders and requested a $5,000 annual contribution from the City. Mayor Brown stated that the City is not able to provide the requested $5,000 contribution, noting that the City is already contributing the land. Glenn asked whether downtown businesses were being approached for contributions. Karen stated that the committee is contacting area businesses as part of its fundraising efforts. f. Financial Review Robin questioned the significant increase in the financial review budget line. Karen explained that the increased WEDC grant activity will require ERRP to obtain a professional financial review and possibly an audit. She noted that previous accounting firms had indicated ERRP was too small to require an audit, but the organization's 2026 budget is expected to exceed $300,000, with a significant portion funded through state grants that may require a professional accounting opinion. Karen recommended that the Impact Grant funds not be requested until January 2026 so that the activity remains in the 2026 fiscal year and does not trigger an additional audit or financial review requirement in 2025. If WEDC funds are received in 2025, ERRP may incur an estimated additional $5,000 accounting expense in both 2025 and 2026. Tom Stephens moved to approve the ERRP 2026 budget as presented. Katie Hayes seconded the motion. The motion passed unanimously. The approved budget will be forwarded to the City Council for consideration in October. 7. BID Board Term Renewals Robin Ginner reported that Greg Hahn has resigned from the BID Board, creating one vacancy. Tom Stephens' term is expiring, and he indicated that he would like to renew his appointment. Kristie Barnekow's term is also expiring; she subsequently confirmed that she is interested in renewing her appointment. Potential candidates discussed for the remaining vacancy will be contacted regarding their interest, and any recommended appointment will be forwarded to the Mayor for appointment at the next City Council meeting. Karen noted that the BID ordinance provides for a board consisting of five members and an appointed chair, with a majority of the members required to own or occupy real property within the BID. Robin serves as the appointed chair. Kristie is a tenant within the BID, while Tom, Katie, and Glenn are property and business owners within the BID. 8. Open Discussion / Items for Future Agenda Glenn Schiffman requested that the Board be provided with a plan for pursuing the addition of properties to the BID and asked whether BID inclusion could be incorporated into future commercial annexations into the City. Karen explained that she is not an expert on BID annexations and that additional research would be necessary. She recommended consulting City Attorney Steve Garbowicz, who was involved in the 2019 process that resulted in several properties being removed from the BID. Karen also noted that obtaining support from property owners is recommended when adding properties to the BID. She cautioned that reviewing properties for potential inclusion could also draw attention to properties currently within the BID that may no longer be used for commercial purposes and could potentially be removed. Glenn requested an updated map of the BID. Karen displayed the current map and noted that it does not show City boundaries. The Board requested that, for next year: • An updated BID map be prepared showing the City boundaries; and • An updated spreadsheet of potential properties for inclusion in the BID be provided. Karen also reviewed the Economic Vitality Committee's spreadsheet identifying potential properties for addition to the BID. Some properties, including Ahlborn Equipment and Schilleman's bus company, were not included on the spreadsheet. The Board requested that identifying and evaluating potential BID properties be made a priority for the Economic Vitality Committee. 9. Next Meeting The next BID Board meeting will be determined closer to the meeting date. 10. Adjournment Tom Stephens moved to adjourn. Katie Hayes seconded the motion. The motion passed unanimously. The meeting adjourned at 3:04 p.m. Respectfully submitted, Karen Margelofsky Executive Director Eagle River Revitalization Program Annual Annual Annual Budget Actual YTD Budget Actual Budget Revenue Revenue Revenue BID Income BID Income BID Income BID Assessment 120,000.00 BID Assessment 118,432.08 120,000.00 BID Assessment 118,818.70 118,807.41 Convenience Fees Collected 500.00 Convenience Fees Collected 42.80 250.00 Convenience Fees Collected 47.40 250.00 In-Kind Contributions 16,000.00 In-Kind Contributions 10,425.06 16,000.00 In-Kind Contributions 14,219.05 16,000.00 Interest Income 500.00 Interest Income 210.84 50.00 Interest Income 48.83 25.00 Restricted 2,500.00 Restricted 394.00 1,000.00 Restricted 1,000.00 Unrestricted 2,500.00 Unrestricted 680.34 2,000.00 Unrestricted 250.39 2,000.00 Total for BID Income 142,000.00 Total for BID Income 130,185.12 139,300.00 Total for BID Income 133,384.37 138,082.41 Farmers Market Income 100.00 Farmers Market Income 125.00 Farmers Market Income FM Shed Grant FM Shed Grant FM Shed Grant 15,000.00 FM T-shirt Sales 500.00 FM T-shirt Sales 572.00 FM T-shirt Sales Gift Certificate Sales 200.00 Gift Certificate Sales 190.00 250.00 Gift Certificate Sales 500.00 Market Services 343.00 Market Services Market Services Credit Card for Vendor 0.00 Credit Card for Vendor 2,000.00 Credit Card for Vendor 2,195.47 2,000.00 Token Reimbursement (SNAP) 355.00 Token Reimbursement (SNAP) 335.00 2,000.00 Token Reimbursement (SNAP) 670.00 650.00 Voucher Reimbursement (Aspirus) 500.00 Voucher Reimbursement (Aspirus) 300.00 Voucher Reimbursement (Aspirus) 120.00 500.00 Total for Market Services 1,198.00 Total for Market Services 335.00 4,300.00 Total for Market Services 17,985.47 3,150.00 Totes Totes 200.00 Totes 285.00 200.00 Vendor Space Vendor Space Vendor Space FM Electrical Daily 225.00 FM Electrical Daily 1,000.00 FM Electrical Daily 150.00 Season (1 day) - Sunday 4,000.00 Season (1 day) - Sunday 2,865.00 4,000.00 Season (1 day) - Sunday 3,000.00 3,000.00 Season (1 day) - Wed. 4,500.00 Season (1 day) - Wed. 1,480.00 4,500.00 Season (1 day) - Wed. 3,200.00 4,500.00 Season (2 day) 11,000.00 Season (2 day) 10,990.00 10,000.00 Season (2 day) 8,945.00 8,000.00 Sunday Daily 3,000.00 Sunday Daily 1,200.00 3,000.00 Sunday Daily 3,305.00 2,900.00 Wednesday Daily 4,000.00 Wednesday Daily 1,660.00 4,000.00 Wednesday Daily 3,520.00 1,000.00 Total for Vendor Space 26,500.00 Total for Vendor Space 18,195.00 26,500.00 Total for Vendor Space 21,970.00 19,550.00 Total for Farmers Market Income 28,498.00 Total for Farmers Market Income 19,417.00 31,250.00 Total for Farmers Market Income 40,240.47 23,400.00 Program Income Program Income 250.00 Program Income Artscape Banner Auction 11,000.00 Artscape Banner Auction 1,155.00 Artscape Banner Auction Auction 5,000.00 Auction 3,677.00 7,500.00 Auction 5,630.00 7,360.00 Banner Stand Banner Stand 900.00 Banner Stand 360.00 500.00 Games Games 100.00 Games 27.00 200.00 Raffle 500.00 Raffle 1,500.00 Raffle 1,457.00 800.00 Sponsor 350.00 Sponsor 2,500.00 Sponsor 1,500.00 Tickets 2,000.00 Tickets 955.00 1,750.00 Tickets 1,645.00 1,340.00 Total for Artscape Banner Auction 18,850.00 Total for Artscape Banner Auction 5,787.00 14,250.00 Total for Artscape Banner Auction 9,119.00 11,700.00 Artscape Banner Sponsor 17,400.00 Artscape Banner Sponsor 17,400.00 22,200.00 Artscape Banner Sponsor 18,900.00 22,200.00 Benches Benches 1,000.00 Benches 1,000.00 Downtown Decor Sponsor Downtown Decor Sponsor 1,500.00 Downtown Decor Sponsor Budget 2027 Budget Vs Actual YTD 2026 Budget Vs Actual 2025 January-December, 2027 January-September 15, 2026 Flags & Flowers Flags & Flowers 1,000.00 Flags & Flowers 850.00 1,000.00 Kindenshop Kindenshop 50.00 Kindenshop -95.00 Snow Globes Snow Globes Snow Globes 2022 2022 22.19 1,000.00 2022 879.90 6,000.00 Shipping Shipping 50.00 Shipping 32.68 Total for Snow Globes Total for Snow Globes 22.19 1,050.00 Total for Snow Globes 912.58 6,000.00 YEM! YEM! YEM! YEM Equipment Purchase Fee 100.00 YEM Equipment Purchase Fee 100.00 YEM Equipment Purchase Fee YEM Equipment Rental Fee 260.00 YEM Equipment Rental Fee 260.00 YEM Equipment Rental Fee YEM Financial Assistance Fund YEM Financial Assistance Fund 350.00 YEM Financial Assistance Fund 350.00 350.00 YEM Membership 1,750.00 YEM Membership 539.04 600.00 YEM Membership 585.00 100.00 YEM Sponsor 19,000.00 YEM Sponsor 300.00 5,000.00 YEM Sponsor 40,175.00 5,000.00 Training Meal Sponsor 500.00 Training Meal Sponsor 500.00 Training Meal Sponsor 300.00 YEM Incentive Program Sponsor 500.00 YEM Incentive Program Sponsor 500.00 YEM Incentive Program Sponsor 900.00 Total for YEM Sponsor 20,000.00 Total for YEM Sponsor 300.00 6,000.00 Total for YEM Sponsor 900.00 Total for YEM! 22,110.00 Total for YEM! 1,199.04 6,950.00 Total for YEM! 42,310.00 5,450.00 Total for Program Income 58,360.00 Total for Program Income 24,408.23 48,250.00 Total for Program Income 71,996.58 47,350.00 Project Income Project Income Project Income Community Square 31,000.00 Community Square 27,426.69 40,000.00 Community Square 43,923.81 40,000.00 Playground/Riverview Park 35.00 City Donation 5,000.00 City Donation Investment Account Increased Value Investment Account Increased Value 2,812.62 Investment Account Increased Value Total for Project Income 31,035.00 Total for Community Square 30,239.31 45,000.00 Total for Community Square 43,923.81 40,000.00 Mural Project Mural Project Mural Project Playground/Riverview Park Playground/Riverview Park 33.85 48,000.00 Playground/Riverview Park 100.00 48,414.13 Total for Project Income Total for Project Income 30,273.16 93,000.00 Total for Project Income 100.00 48,414.13 Uncategorized Income Uncategorized Income 17,457.00 Uncategorized Income WEDC Grant Income WEDC Grant Income WEDC Grant Income SBD Impact Grants SBD Impact Grants 250,000.00 250,000.00 SBD Impact Grants VS - Crossing 50,000.00 VS - Crossing 10,010.00 165,000.00 VS - Crossing 25,025.00 Total for WEDC Grant Income 50,000.00 Total for WEDC Grant Income 260,010.00 415,000.00 Total for WEDC Grant Income 25,025.00 Total for Revenue 309,893.00 Total for Revenue 464,293.51 744,257.00 Total for Revenue 314,670.23 297,246.54 Gross Profit 309,893.00 Gross Profit 464,293.51 744,257.00 Gross Profit 314,670.23 287,246.54 Expenditures Expenditures Expenditures BID Expense BID Expense BID Expense Business Grants Business Grants Business Grants Building Improvement Grant 14,000.00 Building Improvement Grant 3,242.15 14,000.00 Building Improvement Grant 19,387.50 14,000.00 Sign Grants 3,500.00 Sign Grants 1,000.00 3,500.00 Sign Grants 3,533.19 3,500.00 Total for Business Grants 17,500.00 Total for Business Grants 4,242.15 17,500.00 Total Business Grants 22,920.69 17,500.00 Municipal Landscaping 5,000.00 Municipal Landscaping 5,000.00 7,000.00 Municipal Landscaping 6,448.38 5,000.00 WIFI Project 700.00 WIFI Project 2,250.00 WIFI Project 2,059.40 2,100.00 Total for BID Expense 23,200.00 Total for BID Expense 9,242.15 26,750.00 Total BID Expense 31,428.47 24,600.00 Farmers Market Expense Farmers Market Expense 1,000.00 Farmers Market Expense 1,000.00 CC Fees 0.00 CC Fees 2.16 CC Fees 18.70 Dues & Subscription 500.00 Dues & Subscription 299.00 500.00 Dues & Subscription 208.60 1,000.00 FM repairs 600.00 FM repairs 83.63 FM Utilities 200.00 FM Utilities 94.78 FM Utilities Electric 400.00 Electric 267.70 750.00 Electric 226.99 Garbage 2,400.00 Garbage 239.64 210.00 Garbage 152.46 120.00 Porta Potty 5,000.00 Porta Potty 1,192.14 3,000.00 Porta Potty 2,576.44 2,000.00 Water 80.00 Water 79.03 240.00 Water 54.58 Total for FM Utilities 8,080.00 Total for FM Utilities 1,873.29 4,200.00 Total FM Utilities 3,010.47 2,120.00 Grow & Gather Produce Grow & Gather Produce 100.00 Grow & Gather Produce 39.50 Grow & Gather Supplies Grow & Gather Supplies 75.00 Grow & Gather Supplies 25.67 Insurance Insurance 250.00 Insurance 123.27 Market Services Market Services Market Services Credit Card Service Reimbursement Credit Card Service Reimbursement 2,000.00 Credit Card Service Reimbursement 1,934.25 2,000.00 FM Staffing 10,000.00 FM Staffing 6,160.00 12,000.00 FM Staffing Tokens Reimbursements to Vendor (SNAP) 1,000.00 Tokens Reimbursements to Vendor (SNAP) 285.00 2,000.00 Tokens Reimbursements to Vendor (SNAP) 557.00 500.00 Voucher Reimbursement to Vendor (Aspirus) 500.00 Voucher Reimbursement to Vendor (Aspirus) 5.00 300.00 Voucher Reimbursement to Vendor (Aspirus) 69.00 500.00 Total for Market Services 11,500.00 Total for Market Services 6,450.00 16,300.00 Total Market Services 2,560.25 3,000.00 Marketing 500.00 Marketing 1,998.65 Marketing 52.50 1,500.00 Advertising 500 Advertising 741.25 500.00 Advertising 949.75 Social Media 1,000.00 Social Media 1,000.00 Social Media 2,400.00 Total for Marketing 608.00 Total for Marketing 3,739.90 500.00 Total Marketing 3,402.25 1,500.00 Postage 600.00 Postage 80.00 Postage 79.07 100.00 Shed 500.00 Shed 892.34 4,195.00 Shed 47,262.82 500.00 Software 500.00 Software 191.40 750.00 Software 1,400.00 1,400.00 Supplies 500.00 Supplies 303.08 400.00 Supplies 256.60 500.00 Training and Travel 1,000.00 Training and Travel 500.00 Training and Travel 1,038.27 2,000.00 Total for Farmers Market Expense 24,388.00 Total for Farmers Market Expense 13,834.80 28,850.00 Total Farmers Market Expense 59,425.47 13,120.00 Org Expense Org Expense 250.00 Org Expense 250.00 Accounting Accounting Accounting 105.00 250.00 Social Media 2,400.00 990 Reporting 250.00 990 Reporting 250.00 990 Reporting 325.00 250.00 Financial Review 3,000.00 Financial Review 5,000.00 Financial Review 3,500.00 Payroll Accounting 1,000.00 Payroll Accounting 448.00 1,000.00 Payroll Accounting 895.02 1,000.00 Total for Accounting 4,250.00 Total for Accounting 448.00 6,250.00 Total Accounting 1,325.02 5,000.00 Advertising 2,900.00 Advertising 2,912.80 700.00 Advertising 2,225.00 3,100.00 Computer Programs & Software Computer Programs & Software 669.22 3,000.00 Computer Programs & Software 2,724.87 2,500.00 Dues and Subscriptions 1,000.00 Dues and Subscriptions 962.74 1,000.00 Dues and Subscriptions 1,157.48 1,000.00 Education Education Education 0.00 Lodging 1,000.00 Lodging 257.59 1,000.00 Lodging 2,000.00 Meals 250.00 Meals 86.40 250.00 Meals 392.94 500.00 Mileage Reimbursement 1,500.00 Mileage Reimbursement 767.14 2,000.00 Mileage Reimbursement 731.70 3,500.00 Training 1,000.00 Training 500.00 Training 557.34 1,000.00 Travel 1,000.00 Travel 220.97 250.00 Travel 1,058.97 1,000.00 Total for Education 4,750.00 Total for Education 1,332.10 4,000.00 Total Education 2,740.95 8,000.00 Financial Service Fees Financial Service Fees Financial Service Fees 0.00 Bank Service Fees/Charges 100.00 Bank Service Fees/Charges 11.93 100.00 Bank Service Fees/Charges 1.44 100.00 CC Fees/Charges 100.00 CC Fees/Charges 33.87 120.00 CC Fees/Charges 107.29 120.00 Total for Financial Service Fees 200.00 Total for Financial Service Fees 45.80 220.00 Total Financial Service Fees 108.73 220.00 In-Kind In-Kind In-Kind 0.00 Branded Items Donated Branded Items Donated 150.00 Branded Items Donated 60.00 150.00 Light & Water (In-kind) 3,100.00 Light & Water (In-kind) 2,325.06 3,100.00 Light & Water (In-kind) 3,100.08 3,100.00 Rent (In-kind) 10,800.00 Rent (In-kind) 8,100.00 10,800.00 Rent (In-kind) 10,800.00 10,800.00 Total for In-Kind 13,900.00 Total for In-Kind 10,425.06 14,050.00 Total In-Kind 13,960.08 14,050.00 Insurance Insurance Insurance 0.00 Cyber Coverage 300.00 Cyber Coverage 264.00 264.00 Cyber Coverage 264.00 270.00 Director & Officer Coverage 405.00 Director & Officer Coverage 405.00 405.00 Director & Officer Coverage 405.00 415.00 Employment Practices 60.00 Employment Practices 60.00 60.00 Employment Practices 60.00 70.00 InLand Marine 155.00 InLand Marine 152.00 152.00 InLand Marine 152.00 160.00 Liability Insurance 1,500.00 Liability Insurance 1,446.00 1,393.00 Liability Insurance 1,346.00 1,145.00 Property Coverage 385.00 Property Coverage 372.00 372.00 Property Coverage 372.00 350.00 Workers Compensation 915.00 Workers Compensation 914.00 914.00 Workers Compensation 914.00 920.00 Total for Insurance 3,720.00 Total for Insurance 3,613.00 3,560.00 Total Insurance 3,513.00 3,330.00 Licenses 75.00 Licenses 75.00 50.00 Licenses 10.00 50.00 Miscellaneous 250.00 Miscellaneous -40.00 250.00 Miscellaneous 47.69 250.00 Office Equipment 500.00 MS Awards Banquet 500.00 MS Awards Banquet 460.00 250.00 Office Supplies 1,000.00 Office Equipment 736.39 500.00 Office Equipment 500.00 Outside Services Office Supplies 556.30 1,000.00 Office Supplies 885.29 1,000.00 Payroll Expenses 13,500.00 Outside Services 6,469.50 17,160.00 Outside Services 6,748.00 8,686.54 Employee Benefits 6,000.00 Payroll Expenses Payroll Expenses Salary 55,000.00 Employee Benefits 4,250.00 6,000.00 Employee Benefits 5,670.57 6,000.00 Taxes 4,300.00 Salary 38,958.39 60,000.00 Salary 64,962.60 65,000.00 Total for Payroll Expenses 78,800.00 Taxes 3,138.32 5,000.00 Taxes 4,489.38 5,000.00 Postage and Delivery 300.00 Total for Payroll Expenses 46,346.71 71,000.00 Total Payroll Expenses 75,122.55 76,000.00 Professional Fees Permits 50.00 Permits 50.00 Audit Expense 3,000.00 Postage and Delivery 81.90 500.00 Postage and Delivery 72.00 500.00 Total for Professional Fees 3,000.00 Repairs 310.15 150.00 Repairs 150.00 Repairs 300.00 Utilities Utilities 0.00 Utilities Internet & Landline 3,190.42 1,200.00 Internet & Landline 865.52 1,000.00 Internet & Landline 3,200.00 Mobile Phone 936.43 1,200.00 Mobile Phone 802.79 1,100.00 Mobile Phone 1,000.00 Total for Utilities 4,126.85 2,400.00 Total Utilities 1,668.31 2,100.00 Total for Utilities 4,200.00 Website 1,308.00 2,100.00 Website 2,111.00 1,000.00 Website 2,200.00 Total for Org Expense 80,379.52 128,690.00 Total Org Expense 114,879.97 127,986.54 Total for Org Expense 121,345.00 Program Expense 0.00 250.00 Program Expense Program Expense Artscape Banner Auction 350.00 Artscape Banner Auction 0.00 Artscape Banner Auction Banner Stands 500.00 Banner Stands 450.00 Catering 3,000.00 Catering 2,000.00 Catering 600.00 1,950.00 CC Fees 210.00 CC Fees 47.61 50.00 CC Fees 41.65 100.00 Entertainer 750.00 Entertainer 500.00 Entertainer 500.00 500.00 Marketing 600.00 Marketing 500.00 Marketing 28.00 500.00 Startup Cash Startup Cash 0.00 Startup Cash 0.00 Supplies 400.00 Supplies 302.97 350.00 Supplies 350.00 Total for Artscape Banner Auction 4,960.00 Total for Artscape Banner Auction 350.58 4,250.00 Total Artscape Banner Auction 1,169.65 3,850.00 Artscape Banners Artscape Banners Artscape Banners 0.00 Banners 7,500.00 Banners 7,018.00 7,500.00 Banners 6,668.00 7,500.00 Brochures/Posters 3,000.00 Brochures/Posters 1,634.23 2,100.00 Brochures/Posters 1,823.69 2,100.00 Installation/Marketing (In-kind 1,000.00 Installation/Marketing (In-kind 600.00 2,500.00 Installation/Marketing (In-kind 900.00 2,590.00 Plaques Plaques 3,000.00 Plaques 1,920.00 2,500.00 Total for Artscape Banners 11,500.00 Total for Artscape Banners 9,252.23 15,100.00 Total Artscape Banners 11,311.69 14,690.00 Benches Benches 1,000.00 Benches 1,000.00 Downtown Decor Downtown Decor 250.00 Downtown Decor 40.22 250.00 Flags & Flowers Program Flags & Flowers Program 146.88 Flags & Flowers Program 0.00 Cart Cart 8.65 500.00 Cart 66.24 800.00 Flags 3,000.00 Flags 2,175.47 2,500.00 Flags 983.82 1,050.00 Flowers/Plants 6,800.00 Flowers/Plants 4,695.21 7,000.00 Flowers/Plants 4,915.65 6,500.00 Wages (Flowers) 2,500.00 Wages (Flowers) 2,720.94 2,400.00 Wages (Flowers) 1,452.75 2,400.00 Total for Flags & Flowers Program 12,300.00 Total for Flags & Flowers Program 9,747.15 12,400.00 Total Flags & Flowers Program 7,418.46 10,750.00 Snow Globes Snow Globes Snow Globes Shipping Shipping 50.00 Shipping 20.00 Total for Snow Globes Total for Snow Globes 0.00 50.00 Total Snow Globes 0.00 20.00 Total for Program Expense 28,760.00 Total for Program Expense 19,349.96 33,300.00 Total Program Expense 19,899.80 30,310.00 Project Expense Project Expense 250.00 Project Expense 500.00 Christmas Lighting 5,500.00 Christmas Lighting 2,000.00 Christmas Lighting 2,000.00 2,000.00 Community Square Community Square Community Square Contract Agreement (Expenses) Contract Agreement (Expenses) 1,250.00 Contract Agreement (Expenses) 500.00 Cleaning 4,400.00 Cleaning 10,110.00 27,600.00 Cleaning 17,871.00 27,600.00 Installed Items Installed Items 108.89 750.00 Installed Items 69.98 750.00 Internet 0.00 Internet Internet 720.00 Natural Gas 1,000.00 Natural Gas 557.00 1,500.00 Natural Gas 623.19 1,500.00 Supplies 1,000.00 Supplies 929.76 500.00 Supplies 121.69 500.00 Toiletries 6,000.00 Toiletries 553.21 6,000.00 Toiletries 1,175.31 6,100.00 Water & Electric 3,000.00 Water & Electric 2,040.63 2,400.00 Water & Electric 3,106.61 2,400.00 Total for Contract Agreement (Expenses) 15,400.00 Total for Contract Agreement (Expenses) 14,299.49 40,000.00 Total Contract Agreement (Expenses) 22,967.78 40,070.00 Improvements/Development 1,250.00 Improvements/Development 1,203.89 Improvements/Development Repair & Maintenance 2,000.00 Repair & Maintenance 1,632.70 Repair & Maintenance Square BID Contribution 5,000.00 Square BID Contribution 5,000.00 Square BID Contribution Square Fundraising 500.00 Square Fundraising 500.00 Square Fundraising 41.44 5,300.00 Total for Community Square 19,150.00 Total for Community Square 17,136.08 45,500.00 Total Community Square 23,009.22 45,370.00 Mural Project Mural Project 5,000.00 Mural Project Playground Playground 48,000.00 Playground 229.12 48,000.00 YEM YEM YEM 0.00 Chamber Memberships 50.00 Chamber Memberships 50.00 Chamber Memberships 50.00 Equipment Purchase 2,500.00 Equipment Purchase 12,884.50 Equipment Purchase Insurance 1,500.00 Insurance 1,500.00 Insurance 123.27 1,500.00 Marketing 3,500.00 Marketing 3,146.50 3,500.00 Marketing 3,293.89 2,500.00 YEM! Advertising 1,000.00 YEM! Advertising 9.83 YEM! Advertising Total for Marketing 4,500.00 Total for Marketing 3,156.33 3,500.00 Total for Marketing Scholarships Awarded 600.00 Scholarships Awarded 820.00 60.00 Scholarships Awarded 30.00 Supplies 2,400.00 Supplies 2,049.43 1,500.00 Supplies 1,542.14 1,000.00 Training Meal 400.00 Training Meal 360.00 500.00 Training Meal 312.20 YEM Incentive Program Rewards 600.00 YEM Incentive Program Rewards 300.00 YEM Incentive Program Rewards 400.62 YEM! Staffing 8,000.00 YEM! Staffing 3,500.00 YEM! Staffing Total for YEM 20,550.00 Total for YEM 22,770.26 7,410.00 Total YEM 5,702.12 5,110.00 Total for Project Expense 45,200.00 Total for Project Expense 39,906.34 108,160.00 Total Project Expense 30,940.46 100,980.00 WEDC Grant Expense WEDC Grant Expense WEDC Grant Expense SBD - Impact Grants SBD - Impact Grants 218,373.76 250,000.00 SBD - Impact Grants VS - Crossing VS - Crossing VS - Crossing Eligible - Public Infrastructure 16,000.00 Eligible - Public Infrastructure 100,000.00 Eligible - Public Infrastructure Eligible - Public Signage 3,000.00 Eligible - Public Signage 30,000.00 Eligible - Public Signage Eligible - Public Space Enhancement 7,000.00 Eligible - Public Space Enhancement 30,000.00 Eligible - Public Space Enhancement Ineligible - Consulting Fees 7,500.00 Ineligible - Consulting Fees 5,000.00 Ineligible - Consulting Fees 25,000.00 Total for VS - Crossing 33,500.00 Total for VS - Crossing 0.00 165,000.00 Total VS - Crossing 25,000.00 0.00 Total for WEDC Grant Expense 33,500.00 Total for WEDC Grant Expense 218,373.76 415,000.00 Total WEDC Grant Expense 25,000.00 0.00 Total for Expenditures 276,393.00 Total for Expenditures 381,086.53 740,750.00 Total Expenditures 281,614.39 297,246.54 Net Operating Revenue 33,500.00 Net Operating Revenue 83,206.98 3,507.00 Net Operating Revenue 33,055.84 0.00 Net Revenue 33,500.00 Net Revenue 83,206.98 3,507.00 Net Revenue 33,055.84 0.00