City of Culver City, California
Agenda Item Report
Meeting Date: 12/10/12 Item Number: PH-1
CITY COUNCIL AGENDA ITEM: PUBLIC HEARING - (1) Adoption of a Resolution
Confirming the Business Improvement District Advisory Board’s Annual Report
and the Levy of the Downtown Culver City Business Improvement District
Assessment for 2013; (2) Appointment of Members to the Business Improvement
District Advisory Board for Calendar Year 2013; and (3) Approval of the
Management Agreement between the City and the Downtown Business Association
for Calendar Years 2013 and 2014.
Contact Person/Dept.: Glenn Heald
Todd Tipton/Community Development
Phone Number: 310-253-5752
310-253-5783
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Public Hearing: [X] Action Item: [] Attachments: [X]
Commission Action Required: Yes [] No [X] Date: _______________
Public Notification: (E-Mail and Telephone) Downtown Business Association (09/04/12);
(E-Mail) Meetings and Agendas – City Council (12/07/12); Published in Culver City News
(11/29/12).
Department Approval:
Sol Blumenfeld (12/05/12)
City Attorney Approval:
Carol Schwab (by H. Baker) (12/07/12)
Chief Financial Officer Approval:
Jeff Muir (12/06/12)
City Manager Approval:
John Nachbar (12/07/12)
RECOMMENDATION:
Staff recommends the City Council (1) adopt a Resolution confirming the Business
Improvement District Advisory Board’s Annual Report and the levy of assessments
on the Downtown Culver City Business Improvement District (BID) for 2013
(Attachment No. 1); (2) appoint members to the BID Advisory Board; and (3)
approve the Management Agreement between the City and the Downtown Business
Association (DBA) for calendar years 2013 and 2014.
PROCEDURE (Noticed Public Hearing):
1. Mayor seeks motion from the City Council to receive and file the affidavits of
publication and posting of notices, and correspondence received in response to
the public hearing notices; and,
2. Mayor calls for a staff report and the City Council Members may pose questions
to staff as desired; and,
3. Mayor seeks a motion to open the public hearing; and,
4. Mayor seeks a motion to close the public hearing after all public testimony has
been presented; and,
5. The City Council discusses the item and arrives at its decision.
City of Culver City, California
Agenda Item Report
BACKGROUND:
The BID renewal process is governed by the California Streets and Highways Code,
Sections 36500-36551. In accordance with the process prescribed therein, on
November 12, 2012, the City Council approved the 2013 BID Annual Work Program
and Budget
i
and adopted a Resolution of Intention to conduct a public hearing on
December 10, 2012 to consider continuation of the BID program and the levy of
assessments on the District for calendar year 2013.
ii
BID assessments are collected by the City and disbursed to the DBA, which
manages the BID Work Program in accordance with the Management Agreement
between the City and the DBA.
iii
During 2012, the DBA received approximately
$162,023 in BID assessment revenues and held $16,470 in carryover funds from
2011. These revenues funded the 2012 BID Work Program with an anticipated
carryover of $20,557 for 2013. The DBA’s Quarterly Financial Statements and
Accounts Summary are attached for reference (Attachment No. 2).
DISCUSSION:
BID Advisory Board Membership
State law requires the City Council to appoint a BID Advisory Board, which submits
the Annual Report. The City Council may appoint the persons recommended by the
DBA or choose other individuals for appointment to the Board.
iv
The DBA recommends the following as BID Advisory Board Members for 2013:
1) Eric Sims – Business Representative
2) Kathryn Lundeen – Business Owner
3) Debbie Weiss – Business Owner
4) Karl Kuhn – Business Owner
Management Agreement
The current Management Agreement between the City and the DBA expires on
December 31, 2012. Staff and the DBA propose a continuation of the current
Management Agreement with no change to terms or conditions, to be effective
January 1, 2013 through December 31, 2014.
v
FISCAL ANALYSIS:
There is no significant fiscal impact to the City by approving a one year continuation
of the BID program, though there may be incidental expense to the City in staff time
spent preparing and presenting the two required staff reports. The collection and City of Culver City, California
Agenda Item Report
distribution of BID assessments is offset by the City’s two percent (2%)
administrative fee included in the Management Agreement between the City and the
DBA.
ATTACHMENTS:
1. Proposed Resolution.
2. DBA Quarterly Financial Statements and Accounts Payable Summary.
3. Internal Revenue Service Tax-Exempt Certification.
4. DBA Certificate of General Liability Insurance.
MOTION:
That the City Council:
1. (If there is a majority protest) Approve a motion recognizing that protests have
been received from the owners of businesses in the proposed district which
represent fifty percent or more of the assessment proposed to be levied, and no
further proceedings to continue the Downtown Culver City Business
Improvement District shall be taken for a period of one year from the date of this
meeting.
OR
2. (If there is not a majority protest) Adopt a resolution confirming the Business
Improvement District Advisory Board’s Annual Report and the levy of the
Downtown Culver City Business Improvement District Assessment for 2013; and,
3. Appoint members to the Business Improvement District Advisory Board; and,
4. Approve the Management Agreement between the City and the Downtown
Business Association for Calendar Years 2013 and 2014; and,
5. Authorize the City Attorney to review/prepare the necessary documents; and,
6. Authorize the City Manager to execute such documents on behalf of the City.
i
The 2013 Annual Work Program and Budget is included in the BID Annual Report, filed with the City
Clerk in accordance with California Streets and Highways Code, Section 36533. The Report identifies
proposed expenditures of BID assessment revenue, proposed improvements and activities, the
classification of businesses, the method and basis of levying assessments, and any additional
matters the Advisory Board deems appropriate.
City of Culver City, California
Agenda Item Report
ii
The California Streets and Highways Code, Sections 36500-36551, govern the formation,
implementation and continuation of parking and business improvement areas. Protest of the
proposed assessment is addressed in Section 36525(a), which states:
“If written protests received from the owners of businesses in the proposed area which will pay fifty
percent or more of the assessments proposed to be levied and protests are not withdrawn so as to
reduce the protests to less than that fifty percent, no further proceedings to create the specified
parking and business improvement area or to levy the proposed assessment, as contained in the
Resolution of Intention, shall be taken for a period of one year from the date of the finding of a
majority protest by the city council.”
iii
Initial assessment and first delinquent notices are sent by the City. Pursuant to the Management
Agreement, delinquent BID accounts are assigned to the DBA for collection.
iv
The Management Agreement between the City and the DBA requires that all members of the BID
Advisory Board be in good standing with the City and BID in terms of business tax payments, BID
assessments, refuse billing and City debt agreements. The Finance Department has no record of
debt to the City or BID by any of the individuals recommended for appointment.
v
The proposed Management Agreement is revised to reflect effective dates of calendar years 2013-
2014 and to omit prior references to the former Culver City Redevelopment Agency. The
Management Agreement requires the DBA to maintain tax-exempt status with the Internal Revenue
Service (Attachment No. 3) and to maintain valid General Liability Insurance (Attachment No. 4).
MEETING DATE: 12110/2012
AGENDA ITEM: Public Hearing - (1) Adoption of a Resolution
Confirming the Business Improvement District
Advisory Board's Annual Report and the Levy of the
Downtown Culver City Business Improvement District
Assessment for 2013; (2) Appointment of Members to
the Business Improvement District Advisory Board for
Calendar Year 2013; and (3) Approval of the
Management Agreement between the City and the
Downtown Business Association for Calendar Years
2013 and 2014.
ATTACHMENTS
1. Proposed Resolution to Confirm Annual Report and
Levy the Proposed Assessment for 2013.
2. DBA Quarterly Financial Statements and Accounts
Payable Summary.
3. Internal Revenue Service Tax-Exempt Certification.
4. DBA Certificate of General Liability Insurance.
Pages
1-4
5-34
35-36
37 Attachment No. 1
RESOLUTION NO. 2012-R
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CULVER CITY, CALIFORNIA, CONFIRMING THE
BUSINESS IMPROVEMENT DISTRICT ADVISORY
BOARD'S ANNUAL REPORT AND LEVYING THE
DOWNTOWN CULVER CITY BUSINESS IMPROVEMENT
DISTRICT ASSESSMENT FOR 2013.
6
7
WHEREAS, the Parking and Business Improvement Area Law of 1989
8
(California Streets and Highway Code §§36500 et seq.) (the "Act") authorizes cities to
9
•0 establish parking and business improvement areas for the purpose of imposing
11 assessments on businesses for certain purposes; and,
12 WHEREAS, on December 11, 2000, the City Council of the City of Culver
13 City (the "City Council") approved and adopted Ordinance No. 2000-027 that repealed, in
14 part, Ordinance No. 98-011 and established regulations by which the Downtown Culver
15
City Business Improvement District was to operate; and,
16
17
WHEREAS, pursuant to an agreement between the City and the Downtown
18 Business Association, the Culver City Business Improvement District Advisory Board shall
19 be designated by the City Council as the advisory board required by the Act; and,
20
WHEREAS, on November 12, 2012, the City Council approved the annual
21 report (including the work program and budget), prepared by the Culver City Business
22
Improvement District Advisory Board, and established December 10, 2012 as the date for
23
24 a public hearing to continue the Downtown Culver City Business Improvement District; and,
'1C
WHEREAS, on December 10, 2012, after conducting a duly noticed public
26 hearing, the City Council confirmed the Culver City Business Improvement District Advisory
97
1
2
3
4
5
28 Attachment No. 'I
I
Board's annual report and, after determining there was no majority protest, decided to
2 continue the Culver City Business Improvement District; and,
3 WHEREAS, Section 9.c. of Ordinance No 2000-027, requires the adoption of
4 this resolution in order to levy assessments for the subject calendar year.
5 NOW, THEREFORE, the City Council of the City of Culver City, California,
6
DOES HEREBY RESOLVE as follows:
7
1. The City Council hereby determines there was no majority protest.
2. The City Council hereby confirms the Culver City Business
Improvement District Advisory Board's annual report as filed by the board or as modified by
the City Council during the public hearing of December 10, 2012.
3. The City Council hereby establishes that assessments shall be levied
on businesses located within the _boundaries of the Culver City Business Improvement
District, as set forth in Exhibit "A," which is attached hereto and incorporated herein by
reference, and pursuant to the classifications and amounts set forth in Exhibit "B," which is
attached hereto and incorporated herein by reference.
4. This resolution shall become effective upon signature.
20
APPROVED and ADOPTED this day of
2012.
21
22
ANDREW WEISSMAN, MAYOR
23
City of Culver City, California
24
ATTEST:
APPROVED AS TO FORM:
GU
8
9
10
11
12
13
14
15
16
17
18
19
26
27 MARTIN COLE, City Clerk
Al 2-00948
28
-2- MAP PROJECTION:
ZONE:
DATUM:
UNITS:
ELLIPSOID:
MAGNETIC DECLINATION:
YEAR:
ANNUAL CHANGE:
AVERAGE ELEVATION.
ELEVATION RANGE.
CALIFORNIA STATE PLANE
V (FIVE)
NAP 1983
FEET
GRS 90
13 DEGREES 6 MINUTES EAST
JULY 10, 2006
5 MINUTES WEST
57 FEET ABOVE SEA LEVEL
14 TO 419 FEET
DATE 11109/2011
SCALE: 5123.24183966934
THE CITY OF
CULVER CITY
INFORMATION TECHNOLOGY
GEOGRAPHIC INFORMATION SYSTEMS
9770 CULVER BLVD
CULVER CITY. CA 90232
TEL: 310-253-5976
Attachment No. 1
Business Improvement District Exl- _libit A
DISCLAIMER
The City of Culver City makes no representation or
warranties of any kind with respect to the accuracy of the
information of claims furnished herein, as the data is a
compilation of records and information obtained from various
sources. The data displayed on this map is for
representational purposes only. It is neither a legally
recorded map nor a survey and is not intended to be used as
such. No part of this map may be reproduced or transmitted
in any form or by any means, electronic or mechanical,
including photocopying and recording systems except as
expressly permitted in writing by the City of Culver City,
Information Technology Department, Geographic
Information Systems.
0 City of Culver City. All Rights Reserved.
Source: Community Development Department
Map Created: 11109/2011 Attachment No. 1
Exhibit B
Proposed 2013 Assessment Schedule
Business Type
City Business License Code
Annual BID Fee
TYPE A
Retail 1-1000 sq. ft.
036-144,396,399,402
Retail 1001-2500 sq. ft.
Retail 2501-5000 sq. ft.
Retail > 5000 sq. ft.
Hotel 456, 480
Bar/Restaurant: Total Seats, both Indoor & Outdoor: 390, 654-690
0-50 seats
51-100 seats
> 100 seats
Computer Graphics & Computer Services 152, 200
Martial Arts Studio, Health Studios, Hair Salon 744, 276
0-25,000 sq. ft.
> 25,000 sq. ft.
$ 369
$ 615
$ 922
$1229
$1843
$1229
$1843
$2457
$ 615
$ 615
$1229
TYPE B
Theaters
Live Performance
TYPE C
All others, not listed
TYPE D
Banking Institutions 0-7500 sq. ft.
Banking Institutions > 7500 sq. ft
Film Studios
Recording Studios
Utilities
Hospitals > 20,000 sq.
Hospitals and Clinics < 20,000 sq. ft.
TYPE E
Commercial Rentals
<5,000
5,001-15,000
15,001-25,000
25,001-35,000
Over 35,000
Notes:
858
858
342
490, 498
554
780
432
$ 3/seat
$ 2/seat
$ 369
$1229
$1843
$1229
$1229
$1229
$ 2457
$1229
$1229
$1843
$2457
$3072
$3686
1. Fee for individual business owners with multiple business licenses/operations at the same
address will be based on the single highest category.
2. Business owners with multiple business locations within the BID area will be assessed separately
at each location.
3. Commercial rentals will be assessed for each building location, not each tenant space.
4. Multiple independent business owners at the same address will be assessed separately at their
respective rates.
LI Attachment No. 2
CC Downtown Business Association, INC
Balance Sheet
As of March 31, 2012
Mar 31, 12
ASSETS
Current Assets
• Checking/Savings
1000- Cash
1020- DBA Account - Bank of the West
1090 Petty Cash
1000 • Cash - Other
Total 1000 - Cash
Total Checking/Savings
Accounts Receivable
1200 • Accounts Receivable
Total Accounts Receivable
Total Current Assets
Fixed Assets
Fixed Asset
Computer
Fixed Asset Furniture
Total Fixed Asset
Total Fixed Assets
TOTALASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 - Accounts Payable
Total Accounts Payable
Total Current Liabilities
Total Liabilities
Equity
3000 Opening Bal Equity
3900- Retained Earnings
Net Income
Total Equity
22,842.57
200.00
9.75
23,052.32
23,052.32
102.12
102.12
23,154.44
1,603.03
646.09
2,249.12
2,249.12
25,403.56
12,282.15
12,282.15
12,282.15
12,282.15
4,824.26
77,362.24
-69,065.09
13,121.41
TOTAL LIABILITIES & EQUITY 25,403.56
5 Attachment No. 2
4:38 PM
CC Downtown Business Association, INC
10/22/12
Balance Sheet
Accrual Basis
As of June 30, 2012
Jun 30,12
ASSETS
Current Assets
Checking/Savings
1000 • Cash
1020- DBA Account - Bank of the West
1090 • Petty Cash
1000 • Cash - Other
Total 1000 • Cash
Total Checking/Savings
Accounts Receivable
1200 • Accounts Receivable
Total Accounts Receivable
Total Current Assets
Fixed Assets
• Fixed Asset
Computer
Fixed Asset Furniture
Total Fixed Asset
Total Fixed Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 • Accounts Payable
Total Accounts Payable
Total Current Liabilities
Total Liabilities
Equity
3000 • Opening Bal Equity
3900 Retained Earnings
Net Income
126,44737
200.00
9.75
126,657.12
126,657.12
102.12
102.12
126,759.24
1,603.03
646.09
2,249.12
2,249.12
129,008.36
25,348.06
25,348.06
25,348.06
25,348.06
4,824.74
77,362.24
21,473.32
Total Equity
103,660.30
TOTAL LIABILITIES & EQUITY 129,008.36 Attachment No. 2
CC Downtown Business Association, INC
Balance Sheet
As of September 30, 2012
Sep 30,12
ASSETS
Current Assets
Checking/Savings
1000 • Cash
1020- DBA Account - Bank of the West
1090 • Petty Cash
1000 • Cash - Other
Total 1000 • Cash
Total Checking/Savings
Accounts Receivable
1200 • Accounts Receivable
Total Accounts Receivable
Total Current Assets
Fixed Assets
Fixed Asset
Computer
Fixed Asset Furniture
Total Fixed Asset
Total Fixed Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 Accounts Payable
Total Accounts Payable
Total Current Liabilities
Total Liabilities
Equity
3000 • Opening Bal Equity
3900 • Retained Earnings
Net Income
110,693.09
200.00
9.75
110,902.84
110,902.84
102.12
102.12
111,004.96
1,603.03
646.09
2,249.12
2,249.12
- 113,254.08
10,911.91
10,911.91
10,911.91
10,911.91
4,824.74
77,362.24
20,155.19
Total Equity
102,342.17
TOTAL LIABILITIES & EQUITY 113,254.08 Attachment No. 2
CC Downtown Business Association, INC
Balance Sheet
As of October 31, 2012
Oct 31, 12
ASSETS
Current Assets
Checking/Savings
1000 - Cash
1020 DBA Account - Bank of the West
1090 Petty Cash
1000 • Cash - Other
Total 1000 • Cash
Total Checking/Savings
Accounts Receivable
1200 • Accounts Receivable
Total Accounts Receivable
Total Current Assets
Fixed Assets
Fixed Asset
Computer
Fixed Asset Furniture
Total Fixed Asset
Total Fixed Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 • Accounts Payable
Total Accounts Payable
Total Current Liabilities
Total Liabilities
Equity
3000 • Opening Rai Equity
3900- Retained Earnings
Net Income
Total Equity
108,888.32
200.00
9.75
109,098.07
109,098.07
10212
102.12
109,200.19
1,603.03
646.09
2,249.12
2,249.12
111,449.31
18,239.67
18,239.67
18,239.67
18,239.67
4,824.74
77 ,362.24
11,022.66
93,209,64
TOTAL LIABILITIES & EQUITY 111,449.31 0.00
0.00
1,585.00
0.00
0.00
1,404.00
3,000.00
20,350.00
20,350.00
0.00
6.42
0.00
0.00
26,345.42
26,345.42
60,000.00
39,100.00
3,048.00
10,000.00
4,500.00
30,525.00
30,525.00
0.00
15.00
0.00
0.00
147,188.00
147,188.00
730.00
200.00
308.00
125.00
1,100.75
1,200.00
0.00
3,663.75
378.97
6,000.00
6,000.00
0.00
0.00
0.00
0.00
3,000.00
3,000.00
750.00
6,000.00
6,000.00
440 PM
10/22/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
January through March 2012
Jan - Mar 12 Budget
Income
4000 Income
4010 • Assessment Income
4011 - Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4018- Remaining Uncollected Fees
4014 • Late Fees
4020 • Associate Member Dues
4040 - Valet Parking
4080 - Reimbursed Expenses
4086 MOU
Total 4080 • Reimbursed Expenses
4090 - Miscellaneous Income-Donations
4091 Bank Interest Income
4092 • Twinkles
4093 Holiday Donations
Total 4000 • Income
Total Income
Expense
5000 • Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 • Third Wed-Street Team
6214- Misc. Marketing
5220 • Holiday Tree Hard Cost
5230 • Holiday Events Party, Ads
5200- Marketing/Events Hard Costs - Other
Total 5200' Marketing/Events Hard Costs
5400 • Website/e-newsletter
5500- Other Marketing Expenses
5520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Total 5000 Communication & Image Expense
7000 - Maintenance Expense
7010 • Maintenance Contract
7014- Uniforms
7010 • Maintenance Contract - Other
Total 7010 Maintenance Contract
10,042.72
0.00
7,136.34
7,136.34
9,750.00
6,180.00
6,180.00
7020 - MOU Maintenance
7030 Beautification (Twinkle Lights)
7040 Capital Expediture Twinkles
Total 7000 • Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 Valet Stations City Permit
8120 - Lot Leases
8130 - Valet Ops City Permit
Total 8100 • Downtown Valet Park Mgmt
8200 • Consulting Management
8400 - Office Expense
8410 • Telephone
8440 City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv.
8490 • Meetings and Meals
Total 8400 Office Expense
30,514.98
30,525.00
0.00
21,038.60
20,100.00
58,689.92
56,805.00
3,870.00
3,870.00
3,000.00
3,000.00
0.00
6,870.00
6,870.00
18,000.00
18,000.00
383.05
480.00
0.00
3,224.00
109.82
375.00
515.00
1,007.87 4,079.00 4:40 PM
10122/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
January through March 2012
Jan - Mar 12 Budget
8500 • Professional Fee
8700 • Insurance
8800 Taxes, Dues, Permits
0.00
800.00
0.00
770.00
Total 8000 Administration Expense
26,677.87
29,719.00
9000- Not current year assessment
9010 Reserve Revenue/Carry Forward
0.00
9,798.00
9020 Estimated Uncollect Current Yr
0.00
9030 • Previous Yr Uncollected
0.00
38,000.00
Total 9000 Not current year assessment
Total Expense
Net Income
47,798.00
144,072.00
-69,066.09 3,116.00
0.00
96,410.51
to 0.00
0.00
1,585.00
0.00
0.00
1,404.00
3,000.00
20,350.00
20,350.00
0.00
642
0.00
0.00
26,345.42
26,345.42
60,000.00
39,100.00
3,048.00
10,000.00
4,500.00
30,525.00
30,625.00
0.00
15.00
0.00
0.00
147,188.00
147,188.00
730.00
200.00
308.00
125.00
1,100.76
1,200.00
0.00
0.00
0.00
0.00
0.00
3,000.00
3,663.75 3,000.00
378.97
750.00
6,000.00
6,000.00
6,000.00
6,000.00
Attachment No. 2
4:40 PM
CC Downtown Business Association, INC
10/22112
Profit & Loss Budget Performance
Accrual Basis
January through March 2012
Jan - Mar 12
YTD Budget
Income
4000 - Income
4010 • Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013 - Remaining Uncollected Fees
4014 • Late Fees
4020 • Associate Member Dues
4040 • Valet Parking
4080 • Reimbursed Expenses
4086 - MOU
Total 4080 • Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 • Twinkles
4093 • Holiday Donations
Total 4000 • Income
Total Income
Expense
5000 • Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 • Third Wed-Street Team
5214- Misc. Marketing
5220 • Holiday Tree Hard Cost
6230 • Holiday Events_Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 - Marketing/Events Hard Costs
5400 • Websitele-newsletter
5600 • Other Marketing Expenses
5520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Total 5000 - Communication & Image Expense
7000 • Maintenance Expense
7010 • Maintenance Contract
7014- Uniforms
7010 • Maintenance Contract - Other
Total 7010 - Maintenance Contract
10,042.72
0.00
7,136.34
7,136.34
9,750.00
6,180.00
6,180.00
7020 • MOU Maintenance
7030 - Beautification (Twinkle Lights)
7040 - Capital Expediture Twinkles
Total 7000 • Maintenance Expense
8000 • Administration Expense
8100 • Downtown Valet Park Mgmt
8110 - Valet Stations City Permit
8120 • Lot Leases
8130 • Valet Ops City Permit
Total 8100 • Downtown Valet Park IVIgmt
8200 - Consulting Management
8400 • Office Expense
8410 • Telephone
8440 - City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv.
8490 • Meetings and Meals
Total 8400 - Office Expense
30,514.98
30,525.00
0.00
21,038.60
20,100.00
58,689.92
56 ,805.00
3,870.00
3,870.00
3,000.00
3,000.00
0.00
6,870.00
6,870.00
18,000.00
18,000.00
383.05
480.00
0.00
3,224.00
109.82
375.00
515.00
1,007.87 4,079.00 Attachment No. 2
4:40 PM
CC Downtown Business Association, INC
10122/12
Profit & Loss Budget Performance
Accrual Basis
January through March 2012
Jan - Mar 12
YTD Budget
8500 - Professional Fee
0.00
8700 • Insurance
800.00
770.00
8800 • Taxes, Dues, Permits
0.00
Total 8000 • Administration Expense
26,677.87
29,719.00
9000 • Not current year assessment
9010 • Reserve RevenuelCarry Forward
0.00
9,798.00
9020 Estimated Uncollect. Current Yr
0.00
9030- Previous Yr Uncollected
0.00
38,000.00
Total 9000 Not current year assessment
Total Expense
Net Income
47,798.00
144,072.00
-69,065.09 3,116.00
0.00
95,410.51 Attachment No. 2
4:40 PM
CC Downtown Business Association, INC
10/22112
Profit & Loss Budget Performance
Accrual Basis
January through March 2012
Income
4000- income
4010 • Assessment Income
4011 • Reserve Revenue/Carry-Over
4012- Previous Delinquent Fees 2011
4013- Remaining Uncollected Fees
4014 • Late Fees
4020 Associate Member Dues
4040 Valet Parking
4080 • Reimbursed Expenses
4086 - MOU
Total 4080 - Reimbursed Expenses
4090 Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 • Twinkles
4093- Holiday Donations
Total 4000 - Income
Total Income
Expense
5000 • Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 - Third Wed,Street Team
5214 • Misc. Marketing
5220 • Holiday Tree Hard Cost
5230 Holiday Events_Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
5400 • Website/e-newsletter
5600 Other Marketing Expenses
5520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Annual Budget
161,200.00
39,100.00
3,048.00
38,000.00
1.00
18,000.00
88,320,00
88,320.00
0.00
60.00
0.00
0.00
347,729.00
347,729,00
0.00
0.00
0.00
0.00
2,180.00
2,120.00
11,000.00
15,300.00
750.00
28,000.00
28,000.00
Total 5000 - Communication & Image Expense
7000 • Maintenance Expense
7010- Maintenance Contract
7014 • Uniforms
7010 • Maintenance Contract - Other
100.00
21,837.84
44,050.00
Total 7010 • Maintenance Contract
7020 MOU Maintenance
7030- Beautification (Twinkle Lights)
7040 • Capital Expediture Twinkles
Total 7000 - Maintenance Expense
8000 Administration Expense
8100 Downtown Valet Park Mgmt
8110 • Valet Stations City Permit
8120- Lot Leases
8130 • Valet Ops City Permit
Total 8100 • Downtown Valet Park Mgmt
8200 • Consulting Management
8400- Office Expense
8410 • Telephone
8440 • City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv.
8490 Meetings and Meals
Total 8400 • Office Expense
21,937.84
88,320.00
3,500.00
20,100.00
133,857.84
15,480.00
12,000.00
600.00
28,080.00
72,000.00
1,920.00
3,224.00
1,600.00
6,644.00 Attachment No. 2
4:40 PM
CC Downtown Business Association, INC
10/22112
Profit & Loss Budget Performance
Accrual Basis
January through March 2012
Annual Budget
8500 - Professional Fee
1,000.00
8700 - insurance
2,220.00
8800 • Taxes, Dues, Permits
900.00
Total 8000 • Administration Expense
110,844.00
9000 - Not current year assessment
9010 • Reserve RevenuelCarry Forward
9,798.00
9020 Estimated Uncollect Current Yr
8,296.00
9030 - Previous Yr Uncollected
38,000.00
Total 9000 Not current year assessment
56,094.00
Total Expense
344,845.84
Net Income
2,883.16
q 4:41 PM
10/22/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
April through June 2012
Apr-Jun 12 Budget
Income
4000 • Income
4010 • Assessment Income
4011 - Reserve Revenue/Carry-Over
4012- Previous Delinquent Fees 2011
4013- Remaining Uncollected Fees
4014 • Late Fees
4020 • Associate Member Dues
4040 • Valet Parking
4080 • Reimbursed Expenses
4085 - Other
4086 • MOU
133,020.28
60,000.00
0.00
2,835.00
99.00
15,000.00
1,497.60
0.00
3,000.00
4,500.00
150.00
20,350.00
30,525.00
Total 4080 • Reimbursed Expenses
20,500.00
30,525.00
4090 • Miscellaneous Income-Donations
0.00
4091 - Bank Interest Income
9.14
15.00
4092 - Twinkles
0.00
4093 • Holiday Donations
0.00
Total 4000 • Income
160,961.02
110,040.00
Total Income
160,961.02
110,040.00
Expense
5000 • Communication & Image Expense
5200 • Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 - Third Wed-Entertainment
5213 • Third Wed-Street Team
5214 • Misc. Marketing
5220 • Holiday Tree Hard Cost
5230 • Holiday Events_Party, Ads
5200 - Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
6400 • VVebsite/e-newsletter
5500 • Other Marketing Expenses
5520 - PR/Marketing
Total 5500 - Other Marketing Expenses
1,173.83
600.00
150.00
0.00
445.50
0.00
0.00
2,369.33
258.49
5,000.00
3,000.00
3,000.00
6,000.00
5,000.00 6,000.00
Total 5000 • Communication & Image Expense
7000 - Maintenance Expense
7010 • Maintenance Contract
7014 • Uniforms
7010 • Maintenance Contract - Other
Total 7010 • Maintenance Contract
7,627.82
0.00
6,179.52
6,179.52
9,000.00
6,180.00
6,180.00
7020 - MOU Maintenance
7030 • Beautification (Twinkle Lights)
7040 • Capital Expediture Twinkles
30,514.98
0.00
0.00
30,525.00
Total 7000 Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 - Valet Stations City Permit
8120- Lot Leases
8130 - Valet Ops City Permit
Total 8100 - Downtown Valet Park Mgmt
36,694.50
36,706.00
3,870.00
3,000.00
299.52
3,870.00
3,000.00
7,169.52 6,870.00
8200 • Consulting Management 18,000.00 18,000.00 4:41 PM
10/22/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
April through June 2012
Apr-Jun 12
Budget
8400 • Office Expense
8410 • Telephone
8440 • City BID Administration Fee
8470 - Ofc. Supplies/Postage/Comp Si -v.
8480 - Other
8490 • Meetings and Meals
Total 8400 • Office Expense
8500 • Professional Fee
8700 • Insurance
3800 - Taxes, Dues, Permits
Total 8000 • Administration Expense
9000 • Not current year assessment
9010 • Reserve Revenue/Carry Forward
9020 • Estimated Uncollect. Current Yr
9030 - Previous Yr Uncollected
623.00
0.00
180.01
71.70
46.06
480.00
375.00
920.77
0.00
0.00
10.00
855.00
500.00
900.00
26,100.29
27,125.00
0.00
0.00
0.00
Total 9000 - Not current year assessment 0.00
Total Expense 70,422.61 72,830.00
Net Income
90,538.41 37,210.00 1,903.83
800.00
458.00
125.00
1,546.25
1,200,00
0.00
6,033.08
637.46
11,000.00
11,000.00
17,670.54
0.00
0.00
0.00
0.00
6,000.00
6,000.00
750.00
12,000.00
12,000.00
18,750.00
0.00
13,315.86
13,315.86
61,029.96
0.00
21,038,60
95,384,42
7,740.00
6,000.00
299.52
14,039.52
12,360.00
12,360.00
61,050.00
20,100.00
93,510.00
7,740.00
6,000.00
13,740.00
36,000.00 36,000.00
Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
April through June 2012
Jan Jun 12
YTD Budget
Income
4000 • Income
4010 • Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 - Late Fees
4020 • Associate Member Dues
4040 • Valet Parking
4060- Reimbursed Expenses
4085 • Other
4086 - MOU
Total 4080 • Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 • Twinkles
4093 • Holiday Donations
Total 4000 • Income
Total Income
Expense
6000 • Communication & Image Expense
5200 - Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 • Third Wed-Street Team
5214 - Misc. Marketing
5220 • Holiday Tree Hard Cost
5230 • Holiday Events_Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
5400 • Website/e-newsletter
6600 - Other Marketing Expenses
5520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Total 6000 • Communication & Image Expense
7000- Maintenance Expense
7010 • Maintenance Contract
7014 - Uniforms
7010 • Maintenance Contract - Other
Total 7010 - Maintenance Contract
7020 • MOU Maintenance
7030 • Beautification (Twinkle Lights)
7040 - Capital Expediture Twinkles
Total 7000 - Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 • Valet Stations City Permit
8120- Lot Leases
8130 • Valet Ops City Permit
Total 8100- Downtown Valet Park Mgrnt
8200 • Consulting Management
133,020.28
120,000.00
0.00
39,100.00
4,420.00
3,048.00
99.00
25,000.00
1,497.60
1,404.00
6,000.00
9,000.00
150.00
40,700.00
61,050.00
40,850.00
61,050.00
0.00
0:00
15.56
30.00
0.00
0.00
0.00
0.00
187,306.44
257,228.00
187,306.44
257,228.00
rr Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10122/12
Profit & Loss Budget Performance
Accrual Basis
April through June 2012
Jan-Jun 12
YTD Budget
8400 - Office Expense
8410 • Telephone
8440 • City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv.
8480 - Other
8490 - Meetings and Meals
Total 8400 - Office Expense
8500 Professional Fee
8700 • Insurance
8800 • Taxes, Dues, Permits
Total 8000 • Administration Expense
9000 Not current year assessment
9010•Reserve Revenue/Carry Forward
9020 • Estimated Uncollect. Current Yr
9030 • Previous Yr Uncollected
1,006.05
0.00
289.83
71/0
561.06
960.00
3,224.00
750.00
1,928.64 4,934.00
0.00
800.00
10.00
52,778.16
0.00
0.00
0.00
500.00
770.00
900.00
56,844.00
9,798.00
38,000.00
Total 9000 • Not current year assessment 0.00 47,798.00
Total Expense
165,833.12 216,902.00
Net Income
21,473.32 40,326.00 Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10122/12
Profit & Loss Budget Performance
Accrual Basis
April through June 2012
Income
4000 - Income
4010 Asseswnent Income
4011 • Reserve Revenue/Carry-Over
4012- Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 • Late Fees
4020 Associate Member Dues
4040 • Valet Parking
4080 • Reimbursed Expenses
4085 - Other
4086 • MOU
Total 4080 - Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 Bank Interest Income
4092 - Twinkles
4093 • Holiday Donations
Total 4000 - Income
Total Income
Expense
5000 - Communication & Image Expense
6200 • Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 - Third Wed-Entertainment
5213 - Third Wed-Street Team
5214 • Misc. Marketing
5220 Holiday Tree Hard Cost
5230 • Holiday Events Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
5400 Website/e-newsletter
5500 • Other Marketing Expenses
5520' PR/Marketing
Total 5500 • Other Marketing Expenses
Annual Budget
161,200.00
39,100.00
3,048.00
38,000.00
1.00
18,00(100
88,320.00
88,320.00
0,00
60.00
0.00
0.00
347,729.00
347,729.00
0.00
0.00
0.00
0.00
2,180.00
2,120.00
11,000.00
15,300.00
750.00
28,000.00
28,000.00
Total 5000 • Communication & Image Expense
7000 • Maintenance Expense
7010' Maintenance Contract
7014 • Uniforms
7010 Maintenance Contract - Other
Total 7010 • Maintenance Contract
7020' MOU Maintenance
7030 • Beautification (Twinkle Lights)
7040 • Capital Expediture Twinkles
Total 7000 • Maintenance Expense
8000 • Administration Expense
8100- Downtown Valet Park Mgmt
8110 Valet Stations City Permit
8120 • Lot Leases
8130- Valet Ops City Permit
Total 8100- Downtown Valet Park Mgmt
44,050.00
100.00
21,837.84
21,937.84
88,320.00
3,500.00
20,100.00
133,857.84
15,480.00
12,000.00
600.00
28,080.00
8200 Consulting Management 72,000.00
t't Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
April through June 2012
Annual Budget
8400 Office Expense
8410 • Telephone
8440 • City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv-
8480 - Other
8490 Meetings and Meals
Total 8400- Office Expense
8500 - Professional Fee
8700 - Insurance
8800 • Taxes, Dues, Permits
Total 8000 - Administration Expense
9000 • Not current year assessment
9010- Reserve Revenue/Carry Forward
9020 • Estimated Uncollect Current Yr
9030 .• Previous Yr Uncollected
1,920.00
3,224.00
1,500.00
6,6.44.00
1,000.00
2,220.00
900.00
110,844.00
9,798.00
8,296.00
38,000.00
Total 9000 - Not current year assessment 56,094.00
Total Expense 344,845.84
Net Income 2,883.16
2_0 12,378.60
0.00
1,500.00
0.00
0.00
0.00
7,500.00
30.00
33,985.00
34,015.00
0.00
6.12
0.00
0.00
55,399.72
55,399.72
35,000.00
13,000.00
4,500.00
13,635_00
13,635.00
15.00
66,150.00
66,150.00
1,232.79
1,950.00
300.00
0.00
1,089.50
0.00
0.00
4,572.29
0.00
3,000.00
3,000.00
7,572.29
1,090.00
3,000.00
4,090.00
10,090.00
6,000.00
6,000.00
4:41 PM
10/22/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
July through September 2012
Jul Sep 12 Budget
Income
4000 • Income
4010 • Assessment Income
4011•Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 - Late Fees
4020 • Associate Member Dues
4040 • Valet Parking
4080 Reimbursed Expenses
4085 • Other
4086 • MOU
Total 4080 - Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 Bank interest Income
4092 • Twinkles
4093 • Holiday Donations
Total 4000 • Income
Total income
Expense
5000 • Communication & Image Expense
5200 - Marketing/Events Hard Costs
5211 Third Wed-Printing&Design
6212 • Third Wed-Entertainment
6213 • Third Wed-Street Team
5214 • Misc. Marketing
5220 • Holiday Tree Hard Cost
5230 Holiday Events_Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
6400 • Website/e-newsletter
5500 Other Marketing Expenses
5520 • PR/Marketing
Total 5500 Other Marketing Expenses
Total 5000 Communication & Image Expense
7000 Maintenance Expense
7010 • Maintenance Contract
7014 • Uniforms
0.00
100.00
7010 • Maintenance Contract - Other
4,932.92
4,738.92
Total 7010 • Maintenance Contract
7020 • MOU Maintenance
7030 - Beautification (Twinkle Lights)
7040 • Capital Expecliture Twinkles
Total 7000 • Maintenance Expense
8000 Administration Expense
8100 • Downtown Valet Park Mgmt
8110 • Valet Stations City Permit
8120 Lot Leases
8130 • Valet Ops City Permit
Total 8100 • Downtown Valet Park Mgmt
4,932.92
13,635.00
2,575.32
0.00
21,143.24
3,870.00
3,000.00
0.00
6,870.00
4,838.92
13,635.00
3,500.00
21,973.92
3,870.00
3,000.00
300.00
7,170.00
8200 • Consulting Management 18,000.00 18,000.00
2-t Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
July through September 2012
Jul -Sep 12
Budget
8400 - Office Expense
8410 • Telephone
490.65
480.00
8440 • City BID Administration Fee
0.00
8470 • Ofc. Supplies/Postage/Comp Srv.
126.67
375.00
8480 - Other
0.00
8490 Meetings and Meals
0.00
Total 8400 - Office Expense
617.32
855.00
8500 Professional Fee
0.00
500.00
8700 • Insurance
1,575.00
1,450.00
8800 • Taxes, Dues, Permits
940.00
Total 8000 • Administration Expense
9000 • Not current year assessment
9010 - Reserve Revenue/Carry Forward
9020 • Estimated Uncollect. Current Yr
9030- Previous Yr Uncollected
28,002.32
0.00
0.00
0.00
27,975.00
Total 9000 • Not current year assessment 0.00
Total Expense 56,717.85 60,038.92
Net Income
-1,318.13 6,111.08 Jan - Sep 12
145,398.88
0.00
5,920.00
99.00
1,497.60
1,404.00
13,500.00
180.00
74,685.00
74,865.00
0.00
21.68
0.00
0.00
242,706.16
242,706.16
YTD Budget
155,000.00
39,100.00
3,048.00
38,000.00
13,500.00
74,685.00
74,685.00
0.00
45.00
0.00
0.00
323,378.00
323,378.00
0.00
0.00
0.00
0.00
1,090.00
9,000.00
3,136.62
2,750.00
758.00
125.00
2,63535
1,200.00
0.00
10,090.00
750.00
18,000.00
10,605.37
637.46'
14 ,000.00
14,000.00 18,000.00
25,242.83
0.00
18,248.78
18,248.78
74,664.96
2,575.32
21,038.60
28,840.00
100.00
17,098.92
17,198.92
74,685.00
3,500.00
20,100.00
116,527.66
11,610,00
9,000.00
299.52
20,909.52
115,483.92
11,610.00
9,000.00
300.00
20,910.00
Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
July through September 2012
Income
4000 - Income
4010 • Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013- Remaining Uncollected Fees
4014 • Late Fees
4020 • Associate Member Dues
4040 Valet Parking
4080 Reimbursed Expenses
4086 • Other
4086 • MOU
Total 4080 • Reimbursed Expenses
4090 Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 • Twinkles
4093 • Holiday Donations
Total 4000 • Income
Total Income
Expense
5000 - Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 Third Wed-Street Team
5214 - Misc. Marketing
6220 • Holiday Tree Hard Cost
5230 Holiday Events Party, Ads
5200 - Marketing/Events Hard Costs - Other
Total 5200 Marketing/Events Hard Costs
5400 • Websiteba-newsletter
5500 - Other Marketing Expenses
6520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Total 5000 - Communication & Image Expense
7000 • Maintenance Expense
7010 • Maintenance Contract
7014- Uniforms
7010 • Maintenance Contract - Other
Total 7010- Maintenance Contract
7020 • MOU Maintenance
7030 - Beautification (Twinkle Lights)
7040 - Capital Expediture Twinkles
Total 7000 - Maintenance Expense
8000 • Administration Expense
8100 • Downtown Valet Park Mgmt
8110 • Valet Stations City Permit
8120- Lot Leases
8130 • Valet Ops City Permit
Total 8100 • Downtown Valet Park Mgmt
8200 • Consulting Management 54,000.00 54,000.00 Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
July through September 2012
Jan - Sep 12
YTD Budget
8400 Office Expense
8410 • Telephone
8440 - City BID Administration Fee
8470 • Ofc. Supplies/Postage/Comp Srv.
8480 Other
8490 • Meetings and Meals
Total 8400 Office Expense
8500 - Professional Fee
8700 • Insurance
8800 Taxes, Dues, Permits
1,496.70
0.00
416.50
71.70
561.06
1,440.00
3,224.00
1,125.00
2,545.96
0.00
2,376.00
950.00
5,789.00
1,000.00
2,220.00
900.00
Total 8000 • Administration Expense
9000 - Not current year assessment
9010 • Reserve Revenue/Carry Forward
9020 • Estimated Uncollect Current Yr
9030- Previous Yr Uncollected
80,780.48
84,819.00
0.00
0.00
0.00
9,798.00
38,000.00
Total 9000 • Not current year assessment 0.00 47,798.00
Total Expense 222,550.97 276,940.92
Net Income
20,155.19 46,437.08 Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
July through September 2012
Income
4000 • Income
4010 - Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 - Late Fees
4020 • Associate Member Dues
4040 • Valet Parking
4080 • Reimbursed Expenses
4085 • Other
4086 • MOU
Total 4080 • Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 - Twinkles
4093 • Holiday Donations
Total 4000 • Income
Total Income
Expense
5000 • Communication & Image Expense
5200 - Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 :Third Wed-Entertainment
5213 • Third Wed-Street Team
5214 - Misc. Marketing
5220 - Holiday Tree Hard Cost
5230 • Holiday Events_Party, Ads
5200 - Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
5400 - Website/e-newsletter
5500 Other Marketing Expenses
5520 • PR/Marketing
Total 5500 • Other Marketing Expenses
Annual Budget
161,200.00
39,100.00
3,048.00
38,000.00
1.00
18,000.00
88,320.00
88,320.00
0.00
60.00
0.00
0.00
347,729.00
347,729.00
0.00
0.00
0.00
0.00
2,180.00
2,120.00
11,000.00
15,300.00
750.00
28,000.00
28,000.00
Total 5000 • Communication & Image Expense
7000 Maintenance Expense
7010 • Maintenance Contract
7014- Uniforms
7010 -
Maintenance Contract - Other
Total 7010 - Maintenance Contract
7020 • MOU Maintenance
7030 • Beautification (Twinkle Lights)
7040 - Capital Expediture Twinkles
Total 7000 • Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 - Valet Stations City Permit
8120 • Lot Leases
8130 • Valet Ops City Permit
Total 8100 • Downtown Valet Park Mgmt
44,060.00
100.00
21,837.84
21,937.84
88,320.00
3,500.00
20,100.00
133,857.84
15,480.00
12,000.00
600.00
28,080.00
8200 - Consulting Management 72,000.00
2.S Attachment No. 2
4:41 PM
CC Downtown Business Association, INC
10/22112
Profit & Loss Budget Performance
Accrual Basis
July through September 2012
Annual Budget
8400 • Office Expense
8410 - Telephone
8440 • City BID Administration Fee
8470 Ofc. Supplies/Postage/Comp Srv.
8480 • Other
8490 - Meetings and Meals
Total 8400 • Office Expense
8500 Professional Fee
8700 Insurance
8800 • Taxes, Dues, Permits
Total 8000 Administration Expense
9000 • Not current year assessment
9010 Reserve Revenue/Carry Forward
9020 Estimated Uncollect Current Yr
9030 • Previous Yr Uncollected
1,920.00
3,224.00
1,500.00
6,644.00
1,000.00
2,220.00
900.00
110,844.00
9,798.00
8,296.00
38,000.00
Total 9000 •Not current year assessment 56,094.00
Total Expense 344,845.84
Net Income 2,883.16
2fe, 0.00
0.00
2,920.00
0.00
0.00
0.00
4,500.00
0.00
13,635.00
13,635.00
0.00
0.00
0.00
0.00
21,055.00
21,055.00
6,200.00
1.00
4,500.00
13,635_00
13,635.00
15.00
24,351.00
24,351.00
3,870.00
3,000.00
299.00
3,870.00
3,000_00
300.00
7,169.00
7,170.00
18,000.00 18,000.00
4:42 PM
10/22/12
Accrual Basis
Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
October through December 2012
Oct - Dec 12 Budget
Income
4000 • Income
4010 - Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 - Previous Delinquent Fees 2011
4013 - Remaining Uncollected Fees
4014 • Late Fees
4020 Associate Member Dues
4040 - Valet Parking
4080 • Reimbursed Expenses
4085 Other
4086 • MOU
Total 4080 - Reimbursed Expenses
4090 - Miscellaneous Income-Donations
4091 - Bank Interest Income
4092 - Twinkles
4093- Holiday Donations
Total 4000 - Income
Total Income
Expense
5000 • Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 Third Wed-Street Team
5214 • Misc. Marketing
5220 - Holiday Tree Hard Cost
5230 Holiday Events_party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 6200 • Marketing/Events Hard Costs
5400 - Website/e-newsletter
5500 - Other Marketing Expenses
5520 - PR/Marketing
Total 5500 • Other Marketing Expenses
0.00
650.00
300.00
0.00
0.00
1,200.00
0.00
2,150_00
0_00
3,000.00
3,000.00
1,090.00
2,120.00
2,000.00
5,210.00
10,000.00
10,000.00
Total 5000 - Communication & Image Expense
7000 - Maintenance Expense
7010 • Maintenance Contract
7014- Uniforms
7010 • Maintenance Contract - Other
Total 7010 • Maintenance Contract
5,150.00
0.00
4,738.92
4,738.92
15,210.00
4,738.92
4,738.92
7020 • MOU Maintenance
7030 - Beautification (Twinkle Lights)
7040 Capital Expediture Twinkles
13,635.00
2,500.00
0.00
13,635.00
Total 7000- Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 - Valet Stations City Permit
8120 • Lot Leases
8130 • Valet Ops City Permit
Total 8100 Downtown Valet Park Mgmt
8200 Consulting Management
20,873.92
18,373.92
2:1 • Attachment No. 2
4:42 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
October through December 2012
Oct - Dec 12
Budget
8400 • Office Expense
8410 - Telephone
180.00
480.00
8440 • City BID Administration Fee
0.00
8470 Ofc. Supplies/Postage/Comp Srv.
87.89
375.00
8480 - Other
0.00
8490 • Meetings and Meals
0.00
Total 8400 • Office Expense
267.89
855.00
8500 • Professional Fee
0.00
8700 • Insurance
0.00
8800 - Taxes, Dues, Permits
0.00
Total 8000 - Administration Expense
25,436.89
26,025.00
9000 • Not current year assessment
9010 Reserve Revenue/Carry Forward
0.00
9020 • Estimated Uncollect. Current Yr
0.00
8,296.00
9030 - Previous Yr Uncollected
0.00
Total 9000 • Not current year assessment • 0.00 8,296.00
Total Expense 51,460.81 67,904.92
Net Income -30,405.81 -43,553.92
216 Attachment No. 2
4:42 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
October through December 2012
Jan - Dec 12
YTD Budget
Income
4000 • Income
4010 - Assessment Income
4011 • Reserve Revenue/Carry-Over
4012 • Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 • Late Fees
4020 • Associate Member Dues
4040 •Valet Parking
4080 • Reimbursed Expenses
4085 • Other
4086 • MOU
Total 4080 • Reimbursed Expenses
4090 - Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 • Twinkles
4093 - Holiday Donations
Total 4000 - Income
145,398.88
0.00
8,840.00
99.00
1,497.60
1,404.00
18,000.00
180.00
88,320.00
88,500.00
0.00
21.68
0.00
0.00
263,761.16
161,200.00
39,100.00
3,048.00
38,000.00
1.00
18,000.00
88,320.00
88,320.00
0.00
60.00
0.00
0.00
347,729.00
Total Income
Expense
5000 • Communication & Image Expense
5200 Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design •
5212 - Third Wed-Entertainment
5213 • Third Wed-Street Team
5214 • Misc. Marketing
5220 - Holiday Tree Hard Cost
5230 • Holiday Events Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200- Marketing/Events Hard Costs
263,761.16
347,729.00
3,136.62
3,400.00
1,058.00
125.00
2,635.75
2,400.00
0.00
12,755.37
0.00
0.00
0.00
0.00
2,180.00
2,120.00
11,000.00
15,300.00
5400 Website/e-newsletter
5500' Other Marketing Expenses
6520 - PR/Marketing
Total 5500 • Other Marketing Expenses
637.46
750.00
17,000.00
28,000.00
17,000.00 28,000.00
Total 5000 Communication & Image Expense
7000- Maintenance Expense
7010 - Maintenance Contract
7014 • Uniforms
7010 • Maintenance Contract - Other
30,392.83
44,050.00
0.00
22,987.70
100.00
21,837.84
Total 7010 Maintenance Contract
7020 • MOU Maintenance
7030- Beautification (Twinkle Lights)
7040 • Capital Expediture Twinkles
Total 7000 - Maintenance Expense
8000 • Administration Expense
8100 • Downtown Valet Park Mgmt
8110 - Valet Stations City Permit
8120 • Lot Leases
8130 • Valet OpS City Permit
Total 8100 • Downtown Valet Park Mgmt
8200 • Consulting Management
22,987.70
88,299.96
5,075.32
21,038.60
137,401.58
15,480.00
12,000.00
598.52
28,078.52
28,080.00
72,000.00 72,000.00
21,937.84
88,320.00
3,500.00
20,100.00
133,857.84
15,480.00
12,000.00
600.00
2-ck Attachment No. 2
CC Downtown Business Association, INC
Profit & Loss Budget Performance
October through December 2012
10/22/12
Accrual Basis
4:42 PM
Jan - Dec 12 YTD Budget
8400 - Office Expense
8410 • Telephone
8440 • City BID Administration Fee
8470 - Ofc. Supplies/Postage/Comp Srv.
8480 • Other
8490 - Meetings and Meals
Total 8400 • Office Expense
8500 • Professional Fee
8700- Insurance
8800 • Taxes, Dues, Permits
Total 8000 • Administration Expense
9000 • Not current year assessment
9010 • Reserve Revenue/Carry Forward
9020 -Estimated Uncollect. Current Yr
9030 • Previous Yr Uncollected
Total 9000 • Not current year assessment
Total Expense
Net Income
0.00 56,094.00
274,011.78 344,845.84
-10,250.62 2,883.16
1,676/0
0.00
504.39
71.70
561.06
2,813.85
0.00
2,375.00
950.00
0.00
0.00
0.00
106,217.37
1,920.00
3,224.00
1,500.00
6,644.00
1,000.00
2,220.00
900.00
110,844.00
9,798.00
8,296.00
38,000.00 Attachment No. 2
4:42 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
October through December 2012
Income
4000 • Income
4010 - Assessment Income
4011 • Reserve Revenue/Carry-Over
4012- Previous Delinquent Fees 2011
4013 • Remaining Uncollected Fees
4014 • Late Fees
4020 - Associate Member Dues
4040 - Valet Parking
4080 • Reimbursed Expenses
4085- Other
4086- IVIOU
Total 4080 • Reimbursed Expenses
4090 • Miscellaneous Income-Donations
4091 • Bank Interest Income
4092 - Twinkles
4093 - Holiday Donations
Total 4000 • Income
Total Income
Expense
5000 • Communication & Image Expense
5200- Marketing/Events Hard Costs
5211 • Third Wed-Printing&Design
5212 • Third Wed-Entertainment
5213 - Third Wed-Street Team
5214 • Misc. Marketing
5220- Holiday Tree Hard Cost
5230 - Holiday Events_Party, Ads
5200 • Marketing/Events Hard Costs - Other
Total 5200 • Marketing/Events Hard Costs
5400 - Website/e-newsletter
5500 • Other Marketing Expenses
8520- PR/Marketing
Total 5500 • Other Marketing Expenses
Annual Budget
161,200.00
39,100.00
3,048.00
38,000.00
1.00
18,000.00
88,320.00
88,320.00
0.00
60.00
0.00
0.00
347,729.00
347,729.00
0.00
0.00'
0.00
0.00
2,180.00
2,120.00
11,000.00
15,300.00
750.00
28,000.00
28,000.00
Total 5000 • Communication & Image Expense
7000- Maintenance Expense
7010 • Maintenance Contract
7014 - Uniforms
7010 • Maintenance Contract - Other
100.00
21,837.84
44,050.00
Total 7010 • Maintenance Contract
7020 • MOU Maintenance
7030 • Beautification (Twinkle Lights)
7040- Capital Expediture Twinkles
Total 7000- Maintenance Expense
8000 - Administration Expense
8100 • Downtown Valet Park Mgmt
8110 • Valet Stations City Permit
8120 • Lot Leases
8130 - Valet Ops City Permit
Total 8100 - Downtown Valet Park Mgmt
21,937.84
88,320.00
3,500,00
20,100.00
133,857.84
15,480.00
12,000.00
600.00
28,080.00
8200 - Consulting Management 72,000.00 Attachment No. 2
4:42 PM
CC Downtown Business Association, INC
10/22/12
Profit & Loss Budget Performance
Accrual Basis
October through December 2012
Annual Budget
8400 • Office Expense
8410 - Telephone
8440 • City BID Administration Fee
8470 Ofc. Supplies/Postage/Comp Srv.
8480 • Other
8490 • Meetings and Meals
Total 8400 - Office Expense
8500 • Professional Fee
8700 Insurance
8800 - Taxes, Dues, Permits
Total 8000 • Administration Expense
9000 - Not current year assessment
9010 • Reserve Revenue/Carry Forward
9020 • Estimated Uncollect. Current Yr
9030 - Previous Yr Uncollected
1,920.00
3,224.00
1,500.00
6,644.00
1,000.00
2,220.00
900.00
110,844.00
9,798.00
8,296.00
38,000.00
Total 9000 - Not current year assessment 56,094.00
Total Expense 344,845.84
Net Income 2,883.16
32- Attachment No. 2
4:37 PM CC Downtown Business Association, INC
10/22112 A/R Aging Summary
As of September 30, 2012
Current 1 -30 31 - 60 61 90 > 90 TOTAL
Flavor & Flair
0.00
0.00
0.00
0.00
0.00
0.00
Pomp Home
0.00
0.00
0.00
0.00
0.00
0.00
Starwest
0.00
0.00
0.00
0.00
102.12
102.12
TOTAL 0.00 0.00 0.00 0.00 102.12 102.12
S1 Attachment No. 2
4:36 PM CC Downtown Business Association, INC
10122112 A/P Aging Summary
As of September 30, 2012
Current 1 - 30 31 -60 61 -90 > 90 TOTAL
AT&T
0.00
-59.61
0.00
0.00
-10.00 -69.61
Chrysalis
6,124.64
4,739.00
0.00
0.00
0,00 10,863.64
Westsicie Print
0.00
117.88
0.00
0.00
0.00 117.88
TOTAL
6,124.64 4,797.27 0.00 0.00 -10.00 10,911.91 Ittz TiCal OVtiN00 V
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MA --Dm_imirca Attachment No. 4
,-- T
ACC)REA CERTIFICATE OF LIABILITY INSURANCE
DATE tmlyeerrrYY)
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS
CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES
BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED
REPRESENTATIVE OR PRODUCER AND THE CERTIFICATE HOLDER.
IMPORTANT: tf the certificate holder is an ADDITIONAL INSURED, the policy(ies) must he endorsed. If SUBROGATION IS WAIVED, subject to
the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the
certificate holder in lieu of such endorsement(s).
PRODUCER
WELLS FARGO INSURANCE SERVICES
PO Eox 2248
GRAND RAPIDS 141 49501 - 2847
CONTACT •
HAIRE: CUSTOMER SERVICE CENTER
PHONE
{At No EA.: (EG6) 972-7278 I iFtfg,Nol:
(800)
455-9611
E-MA1L
ADDREs$: ZSBSERVICBCENTER@Z IS INTERNET . COM
INSU RE-IR(S) AFFORDING COVERAGE NAIC #
INSURER A : Mary/and Casualty 19356
INSURED
Downtown Olives City Business Association
' P.o. Box 1322
Culver City CA 902321322
INSURER B:
INSURER C :
INSURER D :
INSURER E :
INSURER F :
COVERAGES
CERTIFICATE NUMBER: cext. In 101550
REVISION NUMBER:
THIS IS TO CERTIFY THAT THE POUCIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD
INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDMON OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS
CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS,
EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.
iNSR
LTR
TYPE OF INSURANCE
ADD/
INSR
SUER'
Wvti POLICY NUMBER
POLICY EFF
(MMIDDAYYY)
POLICY EXP
(MM/EIDNYVY)
LIMITS
GENERAL LiABILITY
N 06 PAS002304121 4/9/2012 4/9/2013
EACH OCCURRENCE
$ 1,000 GOO
X COMMERCIAL GENERAL LIABILITY
– DAMAGE TO RENTED
PREMISES i'Ea occurrence) $ 1,00D, 000
CLAIMS-MADE 1 X OCCUR MED EXP (Any one person) $ 10,000
PERSONAL &ADV INJURY $ 1, 000, 000
GENERAL AGGREGATE $ 2,000,000
GENT AGGREGATE LIMIT APPLIES PER:
—1 POLICY I 1 WI' I X 1 LOC
EaRciDucT8 - COMPAD? AGO
$ 2,000,000
5
AUTOMOBILE LIABILITY
N N PAS002304121 4/9/2012 4/9/2013
COMBINED SINGLE LIMIT
(Ea accident) 1,000,900
X
ANY AUTO
BODILYINJURY (Per person) S
ALL OWNED
AUTOS
HIRED AUTOS
SCHEDULED
AUTOS
NON-OWNED
AUTOS
BODILY INJURY (Per ecCIdent) $
PROPERTY DAMAGE
(Per .accidenD
$
$
UMBRELLA LIAB
EXCESS LIAR .
OCCUR
CLAIMS-MADE
EACH OCCURRENCE $
AGGREGATE $
DEO RETENTIONS $
WORKERS COMPENSATION
AND EMPLOYERS' LIABILITY Y/N
ANY PROPRIENOPJPARTNER/EXECUTIVE H
OFFICER/MEMBER EXCLUDED?
(Mandatory In ND)
II yes, describe under
DESCRIPTION OF OPERAIIONS below
N I A
WC STATU- 0TH-
TORY LIMITS ER
EL EACH ACCIDENT $
EL DISEASE-SA EMPLOYEE $
EL DISEASE - POLICY LIMIT $
$
$
DESCRIPTION OF OPERATIONS I LOCATIONS I VEHICLES (Arraell ADORE 101, Additional Remarks saimuie, it MOM space is respired)
Prof essional and Tsade /Associations - office Only - Al]. Other / CERTIFICATE HOLDER IS SUBJECT TO
THE POLICY TERMS AND CONDITIONS.
CERTIFICATE HOLDER
DOWNTOWN CULVER CITY NOSINESS ASSOCIATION
P.O. BOX 1322
LVER CITY C.A. 90232
CANCELLATION
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE
THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN
ACCORDANCE WITH THE POLICY PROVLSIONS,
AUTHORIZED REPRESENTATIVE
1988-2010 ACORD CORPORATION. All rights reserved.
ACORD 25 (2010105)
The ACORD name and logo are registered marks of ACORD
Page 1 of 1
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