Attachment 1
INCOME Approved Budget FY 2023-24
Membership-Renewals $35,000.00
Membership-New $15,000.00
Referral Networking Lunch $5,000.00
Installation & Awards $5,000.00
Holiday Luncheon $3,000.00
City Council Reception $1,000.00
Principal for a Day $1,000.00
Legislative Luncheon $15,000.00
Other Income $0.00
Certificates of Origin $5,000.00
Promenade Festival $25,000.00
City Funding $50,000.00
Chamber Champions $52,000.00
Grants $5,000.00
TOTAL INCOME $217,000.00
OPERATING EXPENSES
Dues & Subscription $3,000.00
Marketing/Promotion $3,000.00
Business Insurance/worker's comp $3,500.00
Legal & Accounting $3,500.00
Licenses & Permits $4.00
Payroll Service Fees $2,500.00
Office Supplies $2,500.00
Copies $500.00
Travel $5,000.00
Postage $500.00
Membership Plaques /decals $1,000.00
Rent $29,000.00
Professional Services/Website-Uniko $8,000.00
Office Equipment $2,000.00
Lease Equipment $1,500.00
Hospitality $1,000.00
State Business Taxes $200.00
Salary & Wages $117,000.00
Employer Taxes $10,000.00
Telephone/Internet $4,000.00
Miscellaneous $3,000.00
Chamber Master $3,500.00
LIEDL Loan $2,500.00
501 C3 Foundation expences $400.00
Bank & Merchant fees $4,000.00
Milage reimbursrment $500.00
Cell reimbursement |$800.00
Networking Luncheon expences $500.00
Surplus $4,066.00
NET OPERATING EXPENSES $212,404.00