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ORDER APPROVING THE 2023-24 LIGHTHOUSE CAROUSEL ENTERPRISE FUND BUDGET
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BE IT ORDERED by the New Haven Board of Alders that the operating budget for the Lighthouse Carousel fund be and hereby is approved for FY 2023-2024 as follows:
For the Year Ending 6/30/2024
Fiscal Year 2024 Anticipated Beginning Balance 657,842
Anticipated Revenues for Fiscal Year 2023-24
Rental Revenues
Permit Application Fee 6,000
Overtime Fees - Maintenance 50,000
Overtime Fees - Security 15,000
Rental Income - Building 40,000
Rental Income - Chairs & Tables 20,000
Other Miscellaneous Fees including administration 25,000
Net Anticipated Revenue 156,000
Anticipated Expenditures for Fiscal Year 2023-24
Administrative Expenditures
Salaries 59,912
Salary Reserve 5,392
Security Staff 2,000
Overtime 50,000
Longevity 2,049
3144 Spec Fund 457 1,237
Repairs & Maintenance 5,000
Remodeling/Renovations 500,000
Misc Expense 2,178
FICA/Medicare 5,146
Workers Compensation 418
Net Anticipated Expenditures 633,332
FY 2023-24 Anticipated Operating Result Gain / (Loss) (477,332)
FY 2023-24 Anticipated End of Year Balance 180,510