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ORDER APPROVING THE 2025-26 LIGHTHOUSE CAROUSEL FUND BUDGET
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ORDERED by the New Haven Board of Alders that the operating budget for the Lighthouse Carousel fund be and hereby is approved for FY 2025-2026 as follows:
For the Year Ending 6/30/2025
Fiscal Year 2025 Anticipated Beginning Balance 639,181
Anticipated Revenues for Fiscal Year 2025-26
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 25,000
administration
Net Anticipated Revenue 156,000
Anticipated Expenditures for Fiscal Year 2025-26
Salaries 74,179
Salary Reserve 0
Security staff 78,696
Overtime 50,000
Longevity 3,148
3144 Spec Fund 457 1,637
Repairs & Maintenance 5,000
Remodeling/Renovations 500,000
Misc Expenses 2,754
FICA/Medicare 6,261
Workers Compensation 504
Net Anticipated Expenditures 722,179
FY 2025-26 Anticipated Operating Result Gain / (Loss) (566,179)
FY 2024-25 Anticipated End of Year Balance 73,002