HomeMy WebLinkAbout10/12/2017 00 Misc Distributed at the MeetingDistributed at the
Meeting .
Economic Development Budgets
2017 Year -End Estimate and 2018 Budget
2017 Year -End Estimate
2018 Budget
Expenditures
Revenue
Expenditures
Revenue
GENERAL FUND:
Professional Services:
Airport Marketing
$ 140,000
$ 50,000
Air Service DOT Grant Revenue
$ (70,000)
$ (25,000)
4th of July
20,000
20,000
4th of July - Battle of the Bands
5,000
Public Market/Business Incubator
33,834
(25,000)
33,834
(25,000)
CERB grant for Public Market/Business Incubator
Yakima Arts Commission
10,000
10,000
Field Group (Craft Bev)
5,000
-
DAY Group
133,333
133,333
Main Street Tax Credit
(71,439)
Total Professional Services Account
$ 347,167
$ (166,439)
$ 247,167
$ (50,000)
Consultant Services:
DAY for promotion of various downtown events
$ 30,000
$ 20,000
Hispanic Chamber-Cinco De Mayo
20,000
20,000
Miller Park Concerts
20,000
20,000
Miscellaneous
5,000
5,000
Total Consultant Services Account
$ 75,000
$ 65,000
Total
General Fund Expenses and offsetting Revenue
$ 422,167
$ (166,439)
$ 312,167
$ (50,000)
FUND 123 - ECONOMIC DEVELOPMENT:
Professional Services:
Manatt, Phelps & Phillips (Federal Lobbyist)
$ 25,000
$ 30,000
YCDA - Yakima Community Development Association
33,000
33,000
DYBID - Downtown (flowers, etc.)
40,000
40,000
Miscellaneous
2,000
2,000
100,000
105,000
Revenue from City Assistance - WA State
$ (114,162)
$ (117,016)
Total
Fund 123 Expenses and Revenue
$ 100,000
$ (114,162)
$ 105,000
$ (117,016)