BUDGET 2024
ESTIMATED
2023
YEAR-TO-DATE
2023
ESTIMATED NET INCOME
HARVEST MARKET 195,000 196,860 167,786 ASSESSMENTS 150,000 152,650 152,650 ARTS & CRAFTS FESTIVAL 82,000 82,065 78,815 early bookings WINE WALKS 45,000 45,000 22,814 FILMING 2,000 1,425 1,425
TOTAL NET INCOME 474,000 478,000 423,490
TRADITIONALLY FIXED EXPENSES
SEASONAL LIGHTING 30,000 25,000 4,400 replacement light strands SEASONAL DÉCOR 21,000 20,719 15,724 CHRISTMAS PARADE 5,500 5,210 210
MSPA-HQ & GPD SUBSTATION 28,000 22,670 13,671 full year rent & utilities; fewer add-ons INSURANCE 3,000 2,988 2,988
WEBSITE 3,300 5,500 2,002 re-do added 2023, not repeated MISCELLANEOUS 1,050 1,050 938
PRINTING 3,500 1,000 73 add newsletters
POSTAGE & PO BOX 300 279 279
OFFICE SUPPLIES & EXPENSES 4,200 4,200 3,694 DIRECTORIES 1,600 1,600 800
TAX & ACCOUNTING SERVICES 5,200 5,165 5,165 VIETNAM WAR MEMORIAL 800 800 800
MEMORIAL DAY OBSERVANCE 1,500 1,361 1,361 CRESCENTA VALLEY FIREWORKS ASSN. 2,000 2,000 2,000 POWER WASHING & CLEANING 12,500 8,198 8,198 added full town wash MSPA MEMBERS MEETINGS 2,500 2,214 2,214
MVCCC CENTENNIAL SPONSORSHIP - 2,100 2,100 not repeated MSPA STORAGE 1,800 1,800 1,800
INDEPENDENT CONTRACTOR SERVICES 44,400 42,400 35,000 new pay schedule TOTAL FIXED EXPENSES 172,150 156,254 103,417 MONTROSE SHOPPING PARK ASSOCIATION BUDGET 2024
BUDGET 2024
ESTIMATED
2023
YEAR-TO-DATE
2023
MONTROSE SHOPPING PARK ASSOCIATION BUDGET 2024
PROMOTIONAL EXPENSES
SEASONAL PROMOTIONS: 85,750 84,300 58,653 February 10th: Valentines Day Weekend 2,800 2,754 2,754 March 16th: Spring Wine Walk 20,300 20,300 20,237 May 5th: Kids 'N' Kritters 7,000 6,720 6,720 July - Aug.: Summer Shopping DaysPromo 2,000 1,476 1,339 July 7th: Car Show 9,800 9,800 9,771 October 31st: Halloween Spooktacular 12,350 12,350 8,034 November 9th: Holiday Wine Walk 19,000 19,000 7,806 November 29th: White Friday & Tree Lighting 6,000 6,000 - Nov. 30th: Small Business Saturday 2,500 2,500 1,932 Friday Shop & Dine 4,000 3,400 60 dates added CHRISTMAS EVENTS & ACTIVITIES 20,500 20,245 - ARTS & CRAFTS FESTIVAL 63,000 62,700 62,613 HARVEST MARKET 98,600 98,600 83,859 TOTAL PROMOTIONAL EXPENSES 267,850 265,845 205,125
ADVERTISING EXPENSE
CHRISTMAS ADVERTISING 15,000 14,800 6,290 NON-SEASONAL ADVERTISING 1,000 500 - PROMOTIONAL MATERIALS - - 1,483 SOCIAL MEDIA 18,000 17,000 14,229 TOTAL ADVERTISING EXPENSE 34,000 32,300 22,002 TOTAL EXPENSES 474,000 454,399 330,544 190,055 Projected Remaining Funds (2023 Reserve)