MONTCLAIR VILLAGE ASSOCIATION
WORKING BUDGET
2022 Budget 2022 Actual 2023 Budget 2024 Budget Notes
Sources
BID Assessments 88,830$ 88,830$ 92,830$ 93,700$ $96,600 (2022 + 5% increase on assessments) less 3% for COO processing fees Total Non-BID Sources of Funds 185,000$ 205,000$ 55,000$ 55,000$ Fundraising Events 163,000$ 183,000$ 25,000$ 25,000$ Individual Charitable Contributions / Associate Member Fees 12,000$ 12,000$ 20,000$ 20,000$ Grants / Parking Garage Management Revenue 10,000$ 10,000$ 10,000$ 10,000$ Total Sources of Funds 273,830$ 293,830$ 147,830$ 148,700$ 30% BID Assessments 26,649$ 26,649$ 27,849$ 28,110$ Non-BID Funds Allocated to PROW 150,000$ 160,000$ 9,000$ 10,000$ Total Economic Restructuring/PROW Income 176,649$ 186,649$ 36,849$ 38,110$ Project Management
Area & Planter Maintenance 12,000$ 11,566$ 12,000$ 12,000$ Security 12,900$ 23,250$ 19,000$ 20,500$ Security Camera Program 1,000$ 1,000$ 4,000$ 5,000$ Public Improvement Design Services 150,000$ 150,000$ Antioch Ct/ Village Plaza contribution to City of Oakland from private fundraising Equipment Rentals 1,000$ 833$ 1,000$ 1,000$ Total Economic Restructuring/PROW Expenses 176,900$ 186,649$ 36,000$ 38,500$ Economic Restructering/PROW Income - Expenses (251)$ -$ 849$ (390)$ 40% BID Assessments 35,532$ 35,532$ 37,132$ 37,480$ Non-BID Funds Allocated to District Identity 25,000$ 35,000$ 37,000$ 35,000$ Total Promotions and Design (District Identity) Income 60,532$ 70,532$ 74,132$ 72,480$ Project Management/PR 10,000$ 20,000$ 20,000$ 21,000$ Pedestrian Lighting/ Holiday Décor 10,000$ 19,820$ 18,000$ 18,000$ Events and Event Marketing
Restaurant Walk 4,000$ 2,300$ 3,500$ 4,500$ Revenue neutral or positive Art Walk 1,500$ 700$ 500$ 500$ Revenue neutral or positive Beer, Wine and Music Festival 19,500$ 22,000$ 18,000$ 18,000$ Revenue neutral or positive Montclair Outdoor Movie Nights -$ -$ 500$ 500$ returning in 2023 Farmer's Market 500$ 500$ 500$ 500$ Halloween - Trick-or-Treat 500$ 500$ 500$ 500$ Holiday Stroll 8,000$ 8,000$ 4,000$ 5,000$ Advertising & Design Services - Ads, Website 5,000$ 5,000$ 3,000$ 4,000$ Social Media Marketing (inc above)
Marketing Booth Fees/Staffing
Banners 1,400$ 1,340$ 5,500$ -$ new banner set needed 2023 Total Promotions and Design (District Identity) Expenses 60,400$ 80,160$ 74,000$ 72,500$ Promotions and Design (District Identity) Income - 132$ (9,628)$ 132$ (20)$ 30% BID Assessments 26,649$ 26,649$ 27,849$ 28,110$ Non-BID Funds Allocated to Organization/Administration 10,000$ 10,000$ 10,000$ 10,000$ Total Organization/Administration Income 36,649$ 36,649$ 37,849$ 38,110$ District Management/Assistants 27,000$ 27,400$ 28,250$ 28,400$ Office Rent & Storage 5,096$ 5,096$ 5,096$ 5,096$ Office Supplies 300$ 300$ 300$ 300$ Bank Fees Minus Interest -$ -$ -$ -$ Postage/Box Rental 200$ 161$ 200$ 200$ Accounting/Filing Fees/Licenses 1,200$ 1,200$ 1,200$ 1,200$ Meeting Supplies Expenses 300$ 235$ 300$ 300$ Insurance 1,255$ 1,255$ 1,255$ 1,255$ Dues/Subscriptions/Memberships 100$ 25$ Oakland Chamber Utilities/Phone/Internet Service 1,000$ 1,012$ 1,050$ 1,050$ Computer/Software - Upgrades 200$ -$ 200$ 300$ Total Organization/Administration Expenses 36,651$ 36,684$ 37,851$ 38,101$ -$
Total Income 273,830$ 293,830$ 147,830$ 148,700$ Total Expenses (273,951)$ (303,493)$ (147,851)$ (149,101)$ Carryforward/Reserve -$ -$ -$ -$ Net (121)$ (9,663)$ (21)$ (401)$