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Written by Corey Tisdale
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A resolution to adopt a budget for 2009 as summarized below: Revenues Gross revenues residential ($200 per unit @ 3832 units)
| $766,400
| Gross revenues commercial ($300 per unit @ 416 units)
| $124,800 | | Less: 2009 uncollectible | ($104,200) | | | | City collection fee (1% of gross revenue)
| ($8,912) | | Net revenues | $778,808 |
Expenditures: Security:
| $688,808 | | Police cars: | $45,000 | | Cell phones: | $3,000 | Legal Fees:
| $6,000 | Insurance:
| $19,000 | | Accounting Fees: | $7,000 | | Communications: | $10,000 | | Total: | $778,808 | |
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Read more...
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Written by Corey Tisdale
|
|
A resolution to adopt a budget for 2009 as summarized below: Revenues Gross revenues residential ($200 per unit @ 3832 units)
| $766,400
| Gross revenues commercial ($300 per unit @ 416 units)
| $124,800 | | Less: 2% uncollectible | ($17,824) | Subtotal
| $873,376 | City collection fee (1% of gross revenue)
| ($8,912) | | Net revenues | $864,464 |
Expenditures: Security:
| $698,264 | | Police cars: | $105,000 | | Cell phones: | $1,200 | Legal Fees:
| $6,000 | Insurance:
| $37,000 | | Accounting Fees: | $7,000 | | Communications: | $10,000 | | Total: | $864,464 | |
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Read more...
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