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GENESEE VALLEY REGIONAL MARKET AUTHORITY

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                                         GENESEE VALLEY REGIONAL MARKET AUTHORITY

                                                                FINAL CASH BUDGET

                                                                            2016-2017

   Estimated

     Budget    Proposed
   2015-2016                      2015-2016    2016-2017
RENTAL INCOME$3,278,288 $3,165,688 $3,343,738
Interest & Sundry$10,000 $10,000 $10,000
TOTAL RECEIPTS$3,288,288 $3,175,688 $3,353,738
DISBURSEMENTS
OPERATING EXPENSES
Salaries $     136,000  $    136,000  $        140,000
Seasonal Maintenance $       15,000  $      15,000  $          15,000
Utilities $       70,000  $      70,000  $          72,000
Insurance $       70,000  $      70,000  $          70,000
Truck & Auto Expense $         5,000  $        5,000  $            5,000
Truck & Auto Pet. $       15,000  $      15,000  $          12,000
Repairs & Maintenance $       12,000  $      12,000  $          10,000
Operating Supplies $         1,500  $        1,500  $            1,500
Janitorial Supplies $         2,000  $        2,000  $            2,000
Refuse & Snow Removal $         7,000  $        7,000  $            8,000
Rental Expense $         3,000  $        3,000  $            3,000
Market Security $       35,000  $      35,000  $          36,000
 $     371,500  $    371,500  $        374,500
ADMINISTRATIVE EXP.
Salaries $     100,000  $    120,000  $        130,000
Financial Consultant $         6,000  $        6,000  $            6,200
Emp. Travel & Reimburse $         8,000  $        8,000  $            6,000
Employee Benefits(retirement) $       20,000  $      35,000  $          30,000
Payroll Taxes $       54,000  $      54,000  $          56,000
Health Insurance/Life $       60,000  $      60,000  $          65,000
Legal Fees $       31,100  $      31,100  $          32,000
Auditing $       13,000  $      13,000  $          13,000
Health Insurance/Retirees $       20,000  $      20,000  $          21,000
Advertising & Promotion $         8,000  $        8,000  $            8,000
Office Supplies $         1,500  $        1,500  $            1,000
Telephone $         4,500  $        4,500  $            4,500
Dues & Subscriptions $         1,500  $        1,500  $            1,500
Local Property Assessment (tax) $       88,000  $      88,000  $          90,000
Directors Expense $       16,000  $      16,000  $          16,000
Directors Insurance $         8,000  $        8,000  $            8,000
Dental $         4,200  $        4,200  $            4,200
 $     443,800  $    478,800  $        492,400
Total Operating & Admin. $     815,300  $    850,300  $        866,900
OTHER PAYMENTS 
Capital Expenditures $  1,429,350  $ 1,419,000  $     1,780,000
TOTAL DISBURSEMENTS $  2,244,650  $ 2,269,300  $     2,646,900
SURPLUS (DEFICIT) $  1,043,638  $    906,388  $        706,838