Revenues FY23/24 FY22/23 $ Diff. % Diff.
Bayside District Assessment $1,320,880.00 $1,320,880.00 $0.00 0.00% CBD Assessment $110,000.00 $110,000.00 $0.00 0.00%
Zone 1/2/3 Assessment $4,694,654.00 $4,694,654.00 $0.00 0.00% Zone L Assessment $505,925.00 $505,925.00 $0.00 0.00%
Zone O Assessment $406,938.00 $406,938.00 $0.00 0.00%
City Parks Program $1,495,636.00 $1,415,290.00 $80,346.00 105.68% Vending and Activations $52,000.00 $26,730.00 $25,270.00 194.54% Event Fees & Filming $200,000.00 $217,000.00 -$17,000.00 92.17% ICE@SM $1,320,000.00 $1,410,000.00 -$90,000.00 93.62%
Other Income $102,000.00 $100,000.00 $2,000.00 102.00%
Total FY23/24 Revenue $10,208,033.00 $10,207,417.00 $616.00 100.01% Expenditures FY23/24 FY22/23 $ Diff. % Diff.
Operations and Public Space Management (69.83%)
- Downtown Security Services $1,700,000.00 $1,103,606.27 $596,393.73 154.04% - Parking Structure Maintenance $994,088.02 $994,088.02 $0.00 0.00% - Zone 1, 2, & 3 Maintenance $1,024,261.80 $1,024,261.80 $0.00 0.00% - Lincoln Blvd. Maintenance $184,807.38 $206,536.00 -$21,728.62 89.48% - Colorado Blvd. Maintenanace $246,409.84 $275,347.00 -$28,937.16 89.49% - PS Restroom Monitoring $492,819.68 $492,819.68 $0.00 0.00% - Downtown Outreach Program $133,445.23 $133,445.23 $0.00 0.00% - City Parks Attendant Program $1,315,251.90 $1,263,090.00 $52,161.90 104.13% - Supplies and Materials $2,500.00 $2,500.00 $0.00 0.00% - Infrastructure $40,000.00 $40,000.00 $0.00 0.00%
- Landscaping $26,500.00 $25,000.00 $1,500.00 106.00%
- Decorative Lighting $150,000.00 $200,000.00 -$50,000.00 75.00% - Winter Décor $619,028.00 $310,000.00 $309,028.00 199.69% - Lincoln Beautification $50,000.00 $121,910.00 -$71,910.00 41.01% - Labor Distribution $443,759.55 $527,705.21 -$83,945.66 84.09% Subtotal $7,422,871.40 $6,720,309.21 $702,562.19 110.45% Communications, Events & Development (23.21%)
- Community Events & Activations$285,000.00 $195,000.00 $90,000.00 146.15% - Sponsorships and Partnerships $15,000.00 $57,500.00 -$42,500.00 26.09% - Creative Development $50,000.00 $83,000.00 -$33,000.00 60.24% - Public Relations $69,000.00 $53,985.00 $15,015.00 127.81% - Advertising $75,000.00 $95,000.00 -$20,000.00 78.95%
- Website Maintenance $33,500.00 $8,500.00 $25,000.00 394.12% - Downtown Signage $40,000.00 $67,500.00 -$27,500.00 59.26% - Economic Development $15,000.00 $24,000.00 -$9,000.00 62.50% - Vending Program Management $10,000.00 $10,000.00 $0.00 0.00% - Stakeholder Outreach $15,000.00 $18,000.00 -$3,000.00 83.33% - Data Services $47,000.00 $60,000.00 -$13,000.00 78.33% - Ice@Santa Monica $1,011,596.00 $1,071,596.00 -$60,000.00 94.40% - Labor Distribution $801,134.80 $968,864.09 -$167,729.29 82.69% Subtotal $2,467,230.80 $2,712,945.09 -$245,714.29 90.94% Organizational Management (6.96%)
- General Office Supplies and Maintenance $12,250.00 $12,750.00 -$500.00 96.08% - Software/Subscriptions $22,000.00 $20,000.00 $2,000.00 110.00% - Occupancy $215,000.00 $239,913.00 -$24,913.00 89.62%
- Telephone $13,400.00 $16,500.00 -$3,100.00 81.21%
- Accounting $48,000.00 $22,500.00 $25,500.00 213.33%
- Audit $20,000.00 $17,700.00 $2,300.00 112.99%
- Legal $100,000.00 $100,000.00 $0.00 100.00%
- Human Resources $13,370.00 $18,570.00 -$5,200.00 72.00% - Equipment Rental $7,500.00 $7,500.00 $0.00 0.00%
- Taxes & Licenses $350.00 $350.00 $0.00 0.00%
- Memberships & Subscriptions $6,000.00 $2,000.00 $4,000.00 300.00% - Postage $100.00 $100.00 $0.00 0.00%
- Travel & Auto $15,000.00 $15,000.00 $0.00 0.00%
- Education and Staff Development$26,500.00 $26,500.00 $0.00 0.00% - Development $10,000.00 $7,500.00 $2,500.00 133.33%
- Insurance $53,000.00 $45,205.00 $7,795.00 117.24%
- Parking $200.00 $200.00 $0.00 0.00%
- Bank Charges $3,000.00 $2,500.00 $500.00 120.00%
- Meetings $7,000.00 $5,750.00 $1,250.00 121.74%
- Labor Distribution $166,961.01 $176,244.47 -$9,283.47 94.73% Subtotal $739,631.01 $736,782.47 $2,848.53 100.39%
TOTAL $10,629,733.21 $10,170,036.77 $459,696.44 104.52% Net Profit/Loss -$421,700.21
DTSM, Inc. FY2023/2024 Budget