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388 19th Street  Oakland, California 94612


DOA Phone 510.238.1122  LMUDA Phone 510.452.4529  Fax 510.452.4530
info@downtownoakland.org  www.downtownoakland.org
info@lakemerritt-uptown.org  www.lakemerritt-uptown.org
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LAKE MERRITT/UPTOWN COMMUNITY BENEFIT DISTRICT

388 19th Street  Oakland, California 94612


Phone 510.452.4529  Fax 510.452.4530  info@lakemerritt-uptown.org  www.lakemerritt-uptown.org
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10:27 AM Downtown Oakland Association
2/28/19
Cash Basis April 2019 Expenses

DOA YTD Variance Report - April, 2019


*PV = Permanent Variance for the year.
*TV = Temporary Variance due to timing.
Curr. Actual Curr.Bud. Curr. Var. % Var. Permanent Variance Comments Temporary Variance Comments

Operating Expenses Variance - 10% and $10,000 - Summary Line Items

Marketing and Economic


Enhancements
Marketing and Branding
Marketing & Communications 3,168.80 13,333.36 10,164.56 76% Favorable TV - strategic projects pending implementation (e.g.
Big Belly ad campaign, updated marketing collateral, and website
updates).
Digital Media Coordinator 12,797.16 13,631.36 834.20 6%
Public Space Programming 5,348.53 21,000.00 15,651.47 75% Favorable TV due to May 1st launch date of AMP Oakland
initiative.
Total Marketing and Branding 21,314.49 47,964.72 26,650.23 56%
Administrative Expenses
Accounting Expenses 0.00 0.00 0.00
Computer Service & Support 0.00 1,000.00 1,000.00 100%
Consulting & Legal Expenses 0.00 500.00 500.00 100%
Fees & Permits 79.90 666.64 586.74 88%
Insurance
Directors & Officers 3,388.00 5,615.00 2,227.00 40%
General Liability 487.00 1,430.00 943.00 66%
Misc. 461.18 1,500.00 1,038.82 69%
Rent 15,063.25 24,000.00 8,936.75 37%
Office Furniture & Equipment 380.57 2,500.00 2,119.43 85%
Postage, Shipping & Delivery 15.99 100.00 84.01 84%
Printing & Copying 486.93 1,050.00 563.07 54%
Supplies 495.00 1,000.00 505.00 51%
Telephone & Telecommunications 945.48 833.36 (112.12) -13%
Annual Stakeholder Event 0.00 2,000.00 2,000.00 100%
Staff Personnel 72,208.56 77,951.36 5,742.80 7%
Training & Prof. Develop. 1,596.43 1,766.00 (169.57) -10%
Total Administrative Expenses 95,608.29 121,912.36 26,304.07 22%
Clean and Safe Enhancements
Clean and Safe 310,202.79 371,518.64 61,315.85 17% Favorable TV as BBB is actively hiring and ramping up to full
staffing levels.
Misc. 170.23 1,833.36 1,663.13 91%
Program Director 23,256.00 25,758.36 2,502.36 10%
Program Coordinator 13,516.00 14,058.64 542.64 4%
PROW Maintenance 9,503.89 34,506.00 25,002.11 72% Favorable TV due to strategic projects pending implementation.

Total Clean and Safe 356,648.91 447,675.00 91,026.09 20%


TOTAL EXPENSE 473,571.69 617,552.08 143,980.39 23%
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Downtown Oakland Association
YTD Cash Summary- April 2019

Perm/Temp Variance Comments


Cash Available YTD Actual YTD Budget YTD Variance (For variance amounts of 10% and $10K)
Assessment Income $1,736,515.72 $1,709,159.00 $27,356.72 Favorable TV - disbursements from the City exceed
budget.
Less Reserve $57,000.00 $57,000.00 $0.00 Reserve reflects 3% of budgeted assessment
collection.
Less Payments Made From Reserve $872.50 $0.00 $872.50 Includes loan origination fees and interest.

Total Cash Available $1,679,515.72 $1,652,159.00 $27,356.72 See comment above


Expenses
Marketing and Branding $21,314.49 $47,964.72 $26,650.23 Favorable TV - strategic projects pending
implementation (e.g. Big Belly ad campaign, updated
marketing collateral, and website updates).
Administrative (ORG) $95,608.29 $121,912.36 $26,304.07 Favorable TV - percentage of projected end of year
bonus included in monthly allocation for Staff
Personnel.

Clean and Safe $356,648.91 $447,675.00 $91,026.09 Favorable TV - BBB is ramping up to contracted service
levels and PROW Maintenance projects are pending
implementation.

Total Expenses $473,571.69 $617,552.08 $143,980.39 See comments above and expense detail attached.
Cash Remaining $1,205,944.03 $1,034,606.92 $171,337.11

Current Current
District Profit to
Non-Assessment Funds - Contracted Contract Amount Notes
Date
Services Amount Invoiced
1111 Broadway $118,572.33 $30,203.68 $833.82

Clorox $180,949.94 $43,368.05 $1,855.52


Dedicated PT Ambassador at Swan's Market.
EBALDC $39,266.86 $9,679.30 $615.47
Total Available Non-Assessment Funds as of 4/24/19 $62,171.31
*PV = Permanent Variance for the year.
*TV = Temporary Variance due to timing.
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10:27 AM Lake Merritt-Uptown District Association
4/28/19
Cash Basis April 2019 Expenses

LMUDA YTD Variance Report - April, 2019


* PV = Permanent Variance for the year.
* TV = Temporary Variance due to timing.
Curr. Actual Curr.Bud. Curr. Var. % Var. Permanent Variance Comments Temporary Variance Comments
Operating Expenses Variance - 10% and $10,000 - Summary Line Items
Marketing and Economic
Enhancements
Marketing and Branding
Marketing & Communications 3,375.39 4,166.64 791.25 19%
Digital Media Coordinator 12,797.16 13,627.36 830.20 6%
Public Space Programming 2,100.00 11,700.00 9,600.00 82%
Total Marketing and Branding 18,272.55 29,494.00 11,221.45 38%
Administrative Expenses
Accounting Expenses 0.00 0.00 0.00
Computer Service & Support 60.68 500.00 439.32 88%
Consulting & Legal Expenses 0.00 333.36 333.36 100%
Fees & Permits 183.91 666.64 482.73 72%
Insurance
Directors & Officers 423.00 1,430.00 1,007.00 70%
General Liability 5,347.00 6,005.00 658.00 11%
Misc. 952.40 1,000.00 47.60 5%
Rent 14,344.50 24,000.00 9,655.50 40%
Office Furniture & Equipment 380.57 1,445.00 1,064.43 74%
Postage, Shipping & Delivery 15.99 100.00 84.01 84%
Printing & Copying 382.54 1,000.00 617.46 62%
Supplies 392.61 1,000.00 607.39 61%
Telephone & Telecommunications 903.99 666.64 (237.35) -36%
Annual Stakeholder Event 0.00 1,666.64 1,666.64 100%
Staff Personnel 70,718.56 76,592.36 5,873.80 8%
Training & Prof. Develop. 1,594.44 1,666.64 72.20 4%
Total Administrative Expenses 95,700.19 118,072.28 22,372.09 19%
Clean and Safe Enhancements
Clean and Safe 248,186.60 280,268.36 32,081.76 11% Favorable TV as BBB is actively hiring and ramping up to full
staffing levels.
Misc. 287.72 1,929.36 1,641.64 85%
Program Director 17,544.00 19,429.64 1,885.64 10%
Program Coordinator 10,196.00 10,606.00 410.00 4%
PROW Maintenance 10,036.01 18,504.00 8,467.99 46%
Total Clean and Safe 286,250.33 330,737.36 44,487.03 13%
TOTAL EXPENSE 400,223.07 478,303.64 78,080.57 16%
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Lake Merritt Uptown District Association
YTD Cash Summary- April 2019

Perm/Temp Variance Comments


Cash Available YTD Actual YTD Budget YTD Variance (For variance amounts of 10% and $10K)
Assessment Income $1,258,302.46 $1,318,987.00 ($60,684.54) Unfavorable TV - both January and April disbursements
were less than budgeted. Several manually billed
properties have not paid and Tori is working with the
City to resolve.
Less Reserve $42,000.00 $42,000.00 $0.00 Reserve reflects 3% of budgeted assessment
collection.

Less Payments From Reserve $792.80 $0.00 $792.80 Includes loan origination fees and interest.

Total Cash Available $1,216,302.46 $1,276,987.00 ($60,684.54) See comment above


Expenses
Marketing and Branding $18,272.55 $29,494.00 $11,221.45 Favorable TV - strategic projects pending
implementation (e.g. Big Belly ad campaign, updated
marketing collateral, and website updates).
Administrative (ORG) $95,700.19 $118,072.28 $22,372.09 Favorable TV - percentage of projected end of year
bonus included in monthly allocation for Staff
Personnel.
Clean and Safe $286,250.33 $330,737.36 $44,487.03 Favorable TV - BBB is ramping up to contracted service
levels and PROW Maintenance projects are pending
implementation.

Total Expenses $400,223.07 $478,303.64 $78,080.57 See comments above and expense detail attached.
Cash Remaining $816,079.39 $798,683.36 $17,396.03

Total Available Non-Assessment Funds as of 4/24/19 $24,922.86


* PV = Permanent Variance for the year.
* TV = Temporary Variance due to timing.
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DOWNTOWN OAKLAND ASSOCIATION

388 19th Street  Oakland, California 94612


Phone 510.238.1122  Fax 510.452.4530  info@downtownoakland.org  www.downtownoakland.org
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LAKE MERRITT UPTOWN ASSOCIATION

388 19th Street  Oakland, California 94612


Phone 510.452.4529  Fax 510.452.4530  info@lakemerritt-uptown.org  www.lakemerritt-uptown.org

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