INCOME MMID 2022
Budget
MMCID 2023
Budget
TOTAL ASSESSMENT
INCOME $221,380 $230,500
NON-ASSESSMENT INCOME
Event Income $10,000 $10,000
ARPA Grant Income $100,000
Harding Way Project
Reimbursement $94,381 $94,381
Interest Income $8 $8
TOTAL NON-ASSESSMENT
INCOME $104,389 $204,389
TOTAL INCOME $325,769 $434,889
EXPENSE 2022 Budget 2023 Budget
CIVIL SIDEWALKS
Maintenance & Security
Service Contractors $121,747 $139,818
Waste Management $4,475 $5,000
Harding Way
Reimbursement Project $94,381 $94,381
ARPA Banner Pole Retrofit $30,000
Contract Service Mgmt $16,500 $11,040
TOTAL CIVIL SIDEWALKS $237,103 60% $280,239
TOTAL DISTRICT IDENTITY-
PLACEMAKING
Events $30,000
Marketing & Advertising $22,750 $50,000
Website & Hosting $725 $800
Contract Service Mgmt $6,600 $3,500
TOTAL DISTRICT IDENTITY-
PLACEMAKING $30,075 15% $84,300
ADMINISTRATION &
DISTRICT MANAGEMENT
Legal & Consulting Fees $1,500 $3,000
Accounting Services $5,160 $5,500
Liability - D&O Insurance $12,500 $11,000
Storage Lease $1,330 $1,200
Contract Service
Management $28,061 $39,600
Contract Service Mgmt $9,900
General Administrative $2,610 $2,500
ADMINISTRATION &
DISTRICT MANAGEMENT $61,061 22% $62,800
CONTINGENCY & RESERVE
CONTINGENCY & RESERVE 3% $7,550
TOTAL EXPENSE $328,239 $434,889
EXHIBIT 1