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LAKE MINNETONKA COMMl ICATIONS COMMISSIONPROPOSED 1998 BUDGET APPROVED BY LMCCApprovedProposedChange%Budget Budget Changefor 1997 for 1998INCOMEFranchise Fees $147,283.28 $I55,(MK».00 + $7716.72Other2,000.00 2,(KK).00 0.00Trtax-Norlh StudioInterest .4,000.(K)4,000.(M)0.(K)Contingency Fund ♦* I4..'>6(».00(Only if needed) <br />$15.3.28.3.28 $I75..560.00 <br />OPERATING EXPENSES <br />Administrator, Access A $81,100.00 $85,6(X).00 + $4,500.00 5% <br />OfRcc Stair <br />Secretarial Service 800.00 825.00 + 25.(H)3% <br />Payroll Taxes/PERA 10,140.00 10.640.00 + .500.(K)3% <br />Tra\'el Expenses 2,175.00 2.295.00 + 120.00 5% <br />Health Insurance 5,400.00 5.670.00 + 270.00 5% <br />Legal Fees » -.yO.OO 9,000.00 + 1.000.00 12% <br />Insurance/Bonds 5,670.00 5,670.00 0.00 *0% <br />LMCC Accounting/2.000.(H)2,050.00 + 50.(M)2% <br />Armual Review <br />Conf., Schools A 7,000.00 7,200.00 + 200.00 3% <br />Conventions <br />0%Oilice/Studio Supply Janitor 4,000.00 4,000.00 0.00 <br />Serv/Supply <br />* <br />Membership Dues/L.VMMMt I..MMMW)0.00 0% <br />Subscriptions 1 <br />At this liiiic iiicoinc oin only he estimated. It has never been necessary to withdraw funds from llie contingency account to cover expenses, but this shows a balanced budget for 1998. <br />DESCRIPTION <br />=> Payroll for Admin., Prod. Coord., Studio Coord., <br />PT Prod. Asst.’s A Admin. Asst. <br />=> Payroll Services <br />=> PERA A employer w/liolding contribution <br />=> LMCC visibility at all cities, MACTA, North Studio A <br />errands <br />=» Amt. attributed to employee health ins. <br />=> Rate rcg./franchisc renewal/lcgal counsel <br />Workers Comp., Dishonesty Bond, Property Liability <br />Bookkeeping A annual audit <br />=> NATOA, MACTA. NFLCP <br />=> Normal olTice/sludio supplies, copy machine agree­ <br />ment @ $.l()/nio. A janitor service and supplies <br />=> NA'l'OA, MACTA. maga/incs and 4 local <br />Chambers of Commerce <br />H <br />'V