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Member Needs Assistance - Budget BreakdownOctober 16, 2014
TheBrantford BIAis looking for the following information:
Please provide an approximate breakdown of your budget and/or levy in percentages?
- Beautification & Maintenance
- Marketing - Events & Promotions
- Administration
- Other, please explain ______
by replying
NOTE:There is no right or wrong answer for this one. It is recommended that your BIA budget should be derived from your Strategic Planning Priorities and the investment required.
RESPONSES
The following is out budget breakdown for 2015.
- Administration 31%
- Promotion 31%
- Events 16%
- Physical Improvements 22%
Salaries and benefits
Stationery/supplies/photocopies
Postage
Telephone/internet
Miscellaneous
Rent and occupancy costs
Office/computer equipment
Professional fees
Insurance
Training/education/travel
Memberships
Chairman's expense account
Board meeting expense
Angela Mittoni, Downtown Oshawa BIA |
- Beautification: 15%
- Marketing: 10%
- Administration: 50%
- Events: 25%
We are, roughly speaking (in the order that you have listed) 25%, 35%, 40%
It's hard to get very precise with those categories, but if you are trying to make the case for something or another I am sure that many BIA would be able to send you the budget details -- they are public documents anyway. I have attached our 2014 version (with 2013 for comparison) in case it's more helpful.
- Beautification & Maintenance – 25%
- Marketing - Events & Promotions – 35%
- Administration – 40%
- Other, please explain ______
It just so happens that my budgets are all laid out on my desk when your Member needs Assistance came in so I was able to quickly do the calculations for you.
- Special Events and Promotions is 38% of our entire budget
- Beautification is 14% of entire budget
- Admin is 48% of entire budget
Hope this helps
It would be interesting to see your spreadsheet once you get a few responses if you’d care to share.
Kathy G. Drewitt, Executive Director, Downtown Hamilton Business Improvement Area |
Sue from Collingwood provided her budget and the percentages are calculated as attached.
- Beautification & Maintenance – 18%
- Marketing - Events & Promotions – 34%
- Administration – 30%
- Other, please explain – 3% Future Planning
- Other, please explain – 4% Reserve
The Beach BIA budget breakdown for 2015 is approximately:
- Admin including salaries 32% (of course salaries are largely in support of events and marketing initiatives, but the budget form includes it all as admin)
- Marketing and events 34%
- Maintenance, flowers 19%
- Capital fund reserve 15%
Our budget breaks down as follows:
- Administration: 21%
- Parking: 31%
- Streetscape: 13%
- Events: 17%
- Marketing: 18%
Alison Scheel, Downtown Orangeville BIA |
Our budget is broken down as follows:
- Administration - 44% - includes salaries, rent, insurance, financial charges, general office supplies
- Development - 11% - includes all meetings, staff development, streetscaping improvements, website & communications
- Events -14%
- Media & Visual Marketing/Tourism - 31% - includes all marketing, holiday décor, graffiti clean up
Our budget breaks down to:
- 18% - admin
- 25% - Marketing/Events
- Balance – streetscape, landscape, clean up, lamppost, maintenance etc. – basically the things that are most visible
- Communications – 12%
- Advertising and Marketing – 5%
- Events – 72%
FYI 95% of our budget comes from a tax levy. We receive a small amount annually from the City towards maintenance staff costs, and a very small amount ($2,500) from them towards our annual Buskerfest. We also do some sponsorship for Buskerfest and charge a modest booth fee for commercial, non-DIA vendor booths.
Breakdown:
- Parking - 10% - Payable to City of Owen Sound for lost revenue when parking meters were removed in two blocks per OSDIA’s request
- Marketing - 12% - Includes events, promotion, print and radio ads, various non-OSDIA event programs
- Beautification - 11% - Includes streetscape, street maintenance supplies, hydro for Christmas lights
- Membership - 3% - Includes website maintenance, new business welcome packages, newsletter printing
- Administration - 60% - Includes salaries, office expenses, rent, telephone, payroll expenses, audit expenses, staff health benefits, office equipment purchases, staff development
- Security - 1% - We pay for hydro for a small alley connecting two of the streets that would otherwise be dark and we contribute a small stipend to a citizens’ group that patrol Downtown after dark
- Board of Mgmt - 3% - AGM, board meeting meals, board development, attendance at conferences and networking events, Community Service Fund – “good will” parking ticket payments
For Downtown Milton BIA, our breakdown is:
- Beautification & Maintenance – 18%
- Marketing - Events & Promotions – 27%
- Administration – 54%
Katrina Lemire, Executive Director | Milton Downtown Business Improvement Association
Email:
The PBIA budget (in percentages) has the following breakdown:
- Beautification and Maintenance: 31 per cent
- Marketing – Events and Promotion: 27 per cent
- Administration (including overhead costs such as rent, insurance, etc.): 36 per cent
- Tax Adjustments (I didn’t feel this really fell into the other categories): six per cent