2011 Budget
2011 BID Budget, approved by BID board, Sept 16, 2010
Presented to Durango City Council, Oct 26, 2010
Approved by City Council, Dec 7, 2010
Goals for budget preparation
o Zero-based approach, built with more detail for staff and board tracking of revenues and expenses
o Directly reflects constituent priorities and organizational capabilities
o Built for public presentations, greater transparency, sends positive message, a marketing document
| R1 Mil-levy income | 260,000 | |
| R2 Sponsor income | DATO | 20,000 |
| R3 Interest income | 1,000 | |
| R4 Program revenue | (ad sales) | 4,000 |
| R5 Grant income | ||
| total | 285,000 |
| E1 Consultant Services | 5,000 | 5,000 |
| E2 Contract Labor | 52,000 | 52,000 |
| E3 Capital Improvements
E3A Projects
E3B Other |
2,500 City/county event equipment co-op 1,500 Business Directories- annual updating 2,500 Cigarette litter campaign 1,500 New capital |
8,000 |
| E4 Meeting Expense | 500 Supplies
1,500 Minutes and records |
2,000 |
| E5 Administrative Expense | 3,500 Office equipment –hardware/software
500 Printing 500 Supplies |
4,500 |
| E6 Parking / Transportation
|
6,000 Parking and access improvement
12,000 Summertime Evening Trolley |
18,000 |
| E7 Special Event Promotion
E7A Cash Grants E7B
|
40,500 Cash grants
|
40,500 |
| E8 Promotional Items | 2,000 BID logo | 2,000 |
| E9 Professional and Legal | 1,800 Bookkeeping
2,400 Legal
|
4,200 |
| E10 Research and surveys
E10a Projects E10b Labor E10c Supplies |
8,000 1,000 1,000 |
10,000 |
| E11 PR/Communications
E11a Labor E11b Supplies E11c Other |
12,000 PR/Comm services 1,800 Print/mail quarterly newsletters 1,200 Chamber newsletter insert 1,000 Town Hall meetings |
16,000 |
| E12 Internet/Communications | 4,000 Website services
12,400 Website development 1,000 Constant Contact 1,000 Weekly E-news |
18,000 |
| E13 Professional Develop | 500 Chamber Workshops
500 Webinars 1,500 DCI annual conference |
2,500 |
| E14 Other Services | 700 | 700 |
| E15 Dues and Subscriptions | 350 IDA membership
850 DCI membership and conference sponsorship |
1,200 |
| E16 Office Supplies | 1,500 Office supplies | 1,500 |
| E17 Advertising
E17a Seasonal event advertising E17b Print/radio advertising
E17c Internet advertising |
30,000 Spring, Fall, & Holiday event promotion 5,000 Durango Magazine (summer/winter) 6,000 Website advertising 7,000 Regional radio production/advertising 3,000 Unallocated 200 Chamber directory 300 Visitor Guide 2,500 Ad design and production 6,000 Campaign re-fresh |
60,000 |
| E18 Visitor Information
E18a Downtown maps E18b Kiosk |
3,000 Downtown map updating and printing (rev)
2,500 Distribution 10,000 Kiosk lease and labor |
15,500 |
| E19 Programs Expense
|
1,000 Block Captain program
1,000 Clean-up Downtown Day 1,000 Holiday window decorating contest 900 New program |
3,900 |
| E20 Contingency/Emergency | 10,000 | 10,000 |
| TOTAL | 285,000 |
MARKETING/PR/COMMUNICATIONS $115,400… (40.5% of budget)
| E8 Promotional Items | 2,000 BID logoed | 2,000 |
| E11 PR/Communications
E11a Labor E11b Supplies
E11c Other |
12,000 PR/Comm Services 1,800 Print/mail quarterly newsletters 1,200 Chamber newsletter insert 1,000 Town Hall meetings
|
16,000 |
| E12 Internet/Communications | 3,600 Website Services
12,400 Website development 1,000 Constant Contact 1,000 Weekly E-news |
18,000 |
| E17 Advertising
E17a Seasonal event advertising E17b Print/radio advertising
E17c Internet advertising |
30,000 Spring, Fall, & Holiday event promotion 5,000 Durango Magazine (summer/winter) 6,000 Web site advertising 7,000 Regional radio production/advertising 3,000 Unallocated 200 Chamber directory 300 Herald Visitor Guide 2,500 Ad design and production 6,000 Campaign re-fresh |
60,000 |
| E18 Visitor Information | 3,000 Downtown map updating and printing (rev)
2,500 Distribution 10,000 Kiosk lease and labor |
15,500 |
| E19 Program Expense
|
1,000 Block Captain program
1,000 Clean-up Downtown Day 1,000 Holiday window decorating contest 900 New program |
3,900 |
SPECIAL EVENTS AND BUSINESS DEVELOPMENT… $86,500, (30% of budget)
| E3 Capital Improvements
E3A Projects
E3B Other |
2,500 City/county event equipment co-op 1,500 Business Directories- annual updating 2,500 Cigarette litter campaign 1,500 New capital |
8,000 |
| E6 Parking / Transportation
|
6,000 Parking and access improvement
12,000 Summertime Evening Trolley |
18,000 |
| E7 Special Event Promotion
E7A Cash Grants E7B Expenses
|
40,000 Cash grants 500
|
40,500 |
| E10 Research and surveys
E10a Projects E10b Labor E10c Supplies |
8,000 1,000 1,000 |
10,000 |
| E20 Contingency/Emergency | 10,000 | 10,000 |
LABOR (20.7%) and ADMINISTRATIVE (6%) …$73,600 (26.7% of budget)
| E1 Consultant Services | 5,000 | 5,000 |
| E2 Contract Labor | 52,000 | 52,000 |
| E4 Meeting Expense | 500 Supplies
1,500 Minutes and records |
2,000 |
| E5 Administrative Expense | 3,500 Replace office equipment
500 Printing 500 Supplies |
4,500 |
| E9 Professional and Legal | 1,800 Bookkeeping
2,400 Legal |
4,200 |
| E13 Professional Develop | 500 Chamber Workshops
500 Webinars 1,500 DCI annual conference |
2,500 |
| E14 Service Contracts | 700 | 700 |
| E15 Dues and Subscriptions | 350 IDA membership
350 DCI membership 500 DCI annual meeting sponsorship |
1,200 |
| E16 Office Supplies | 1,500 office supplies | 1,500 |
