Napa City Council
June 18, 2024

EXHIBIT A
TID Budget FY25 FY24 Budget EOFY24
Reforecast FY25 Budget
Fund Balance
Unreserved Fund Balance 955,637.00$ 955,637.00$ 744,517.00$ Contingency Reserve 35% 561,025.00$ 561,025.00$ 561,025.00$ TOTAL Fund Balance 1,516,662.00$ 1,516,662.00$ 1,305,542.00$ Revenues
TID Assessment 1,300,000.00$ 1,190,540.00$ 1,215,000.00$ Interest Earnings 5,100.00$ 8,200.00$ 5,200.00$ TOTAL Revenue 1,305,100.00$ 1,198,740.00$ 1,220,200.00$ Expenditures
Administration
Staff Time: Salaries & Benefits 45,000.00$ 45,000.00$ 60,000.00$ Banking Fees 500.00$ 500.00$ 500.00$ Other Overhead 860.00$ 860.00$ 950.00$ Subtotal Administation 46,360.00$ 46,360.00$ 61,450.00$ Materials & Services
General Supplies 5,000.00$ 5,000.00$ 10,000.00$ Food for Meetings (56240) 5,000.00$ 4,000.00$ 5,000.00$ Professional Services 55,000.00$ 85,000.00$ 30,000.00$ Other Purchased Services/Materials 5,000.00$ 1,500.00$ -$ Subtotal Materials & Services 70,000.00$ 95,500.00$ 45,000.00$ Advertising and Marketing
Marketing Agency 850,000.00$ 818,000.00$ 720,000.00$ Marketing Contractor -$ 75,000.00$ Subtotal Marketing 850,000.00$ 818,000.00$ 795,000.00$ Funding Grants & Projects
Annual Grant Cycle 600,000.00$ 450,000.00$ 550,000.00$ Priority Project Allocation -$ 200,000.00$ Subtotal Grants & Projects 600,000.00$ 450,000.00$ 750,000.00$ TOTAL Expenditures 1,566,360.00$ 1,409,860.00$ 1,651,450.00$ Net Operating (261,260.00)$ (211,120.00)$ (431,250.00)$ Transfer to/from Reserve (261,260.00)$ (211,120.00)$ (431,250.00)$ Estimate Ending Unreserved 694,377.00$ 744,517.00$ 313,267.00$ Estimate Ending Contingency (35%) 561,025.00$ 561,025.00$ 561,025.00$