City of New Haven - File #: LM-2022-0132

• File #: LM-2022-0132
• Version: 1
• Type: Order
• Status: Passed
• File created: 3/3/2022
• In control: City Clerk
• Final action: 5/23/2022
• Title: ORDER APPROVING THE OPERATING AGREEMENT OF THE LIGHTHOUSE CAROUSEL ENTERPRISE FUND BUDGET

Date	Ver.	Action By	Action	Result
5/23/2022	1	Board of Alders	Passed	Pass
5/16/2022	1	Board of Alders	Noted
5/9/2022	1	Finance Committee	Favorable Report
4/21/2022	1	Finance Committee	No Action
3/7/2022	1	Board of Alders	Referred

Title

ORDER APPROVING THE OPERATING AGREEMENT OF THE LIGHTHOUSE CAROUSEL ENTERPRISE FUND BUDGET

BODY ORDERED by the New Haven Board of Alders that the operating budget for the Lighthouse Carousel be and hereby is approved for FY 2022-2023 as follows:

Beginning Balance	618,402
Revenue & Capital Reserve
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 2022-2023
Administrative Expenditures
Salaries	59,912
Salary Reserve	1,797
Security staff	2,000
Overtime	50,000
Longevity	1,851
3144 Spec Fund 457	1,235
Repairs & Maintenance	2,160
Remodeling/Renovations	75,000
FICA/Medicare	4,862
Workers Compensation	395
Net Anticipated Expenditures	199,212
FY 2022-23 Anticipated Operating Results Gain/(Loss)	(42,212)
FY 2022-23 Anticipated End of year Balance	575,190