Laserfiche WebLink
. Other common administrative expenses are proposed only to be shared <br /> by the EDA (75%) and the HRA (25%). These line item administrative <br /> expenses are as follows: <br /> • Office supplies <br /> • Legal fees <br /> • Telephone <br /> • Postage <br /> • Travel, conferences and schools <br /> • Publishing <br /> • Dues and subscriptions <br /> • Miscellaneous <br /> To make administration of these budgets easier, the HRA will simply <br /> make a one time transfer to the EDA at the end of the year 2000 to <br /> cover 25 percent of the actual expenses in the line item administration <br /> categories listed above. Staff estimates these costs as follows: <br /> • Total administrative expenses assigned to HRA $ 6,300 <br /> The following is a line item analysis of the other proposed year 2000 <br /> • expenditures for the HRA: <br /> • Salaries/benefits $ 19,900 <br /> • Other professional services $ 10,000 <br /> - Hire design consultant for CBD project <br /> • Advertising/Marketing $ 2,000 <br /> - King and Main materials <br /> • Insurance $ 200 <br /> • Land $ 68,500 <br /> - King and Main loan payment <br /> • Transfer - General Fund $ 1,000 <br /> • Transfer - EDA $ 6,300 <br /> Total HRA year 2000 proposed expenditures: $107,900 <br /> Total HRA year 2000 projected revenues: $100,000 <br /> The shortfall between projected expenses and revenues in the amount of <br /> approximately $7,900 will be made up by using the HRA reserves. <br /> Staff proposes to bring to the HRA a specific proposal for hiring a design <br /> • consultant for the Central Business District, should that plan proceed. <br /> It is staffs recommendation to approve the budget as presented with the <br />