Full Text
CAYUGA COUNTY DEVELOPMENT CORPORATION: "CCDC" "PARIS" REPORTING TO NYS AUTHORITY BUDGET OFFICE: CCDC FY19 BUDGET w/ PROJECTIONS FOR FY20 TO FY22 APPROVED BY CCDC BOARD OF DIRECTORS RESOLUTION OCT. 17, 2018 Last Year (Actual) 2017 Current Year (Estimated) 2018 Next Year (Adopted) 2019 Proposed Budget 2020 Proposed Budget 2021 Proposed Budget 2022 REVENUES & FINANCE SOURCES Operating Revenues: Charges for Service Appl. Fees - $ 70.00 $ 50.00 $ 100.00 $ 100.00 $ 2,650.00 $ Rent & Financing (Int.) Income 4,500.00 $ 8,570.00 $ 28,799.00 $ 23,545.00 $ 18,022.00 $ 12,241.00 $ Other Operating Rev (Prin.) 12,112.00 $ 22,424.00 $ 130,906.00 $ 135,126.00 $ 149,349.00 $ 155,111.00 $ Nonoperating Revenues: Investment Earnings 15.00 $ 1,264.00 $ 1,350.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ State subsidies / grants - $ - $ - $ - $ - $ - $ Federal Susidies / grants - $ - $ - $ - $ - $ - $ Municipal Subsidies / grants - $ 2,193,898.00 $ - $ - $ - $ - $ Public Authority Subsidies - $ - $ - $ - $ - $ - $ Other Nonoperating Revenues 4,000.00 $ - $ - $ - $ - $ - $ Proceeds from the Issuance of Debt: - $ - $ - $ - $ - $ - $ Total Assets, Rev. & Fin. Sources: 20,627.00 $ 2,226,226.00 $ 161,105.00 $ 159,971.00 $ 168,671.00 $ 171,202.00 $ Last Year (Actual 2017) Current Year (Estimated) 2018 Next Year (Adopted) FY 2019 Proposed Budget FY 2020 Proposed Budget FY 2021 Proposed Budget FY 2022 EXPENDITURES Operating Expenditures: Salaries & Wages - $ - $ - $ - $ - $ - $ Other employee benefits - $ - $ - $ - $ - $ - $ Professional Services Contracts 4,938.00 $ 9,304.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ Supplies and Materials - $ - $ 150.00 $ 150.00 $ 150.00 $ 150.00 $ Other operating expenditures 15,075.00 $ 30,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ Nonoperating Expenditures: Payment of Principal on Bonds and financing arrangements: - $ - $ - $ - $ - $ - $ Interest and other fin. Charges - $ - $ - $ - $ - $ - $ Subsidies to other pub. auth. - $ - $ - $ - $ - $ - $ Capital Asset Outlay - $ - $ - $ - $ - $ - $ Grants and Donations - $ - $ - $ - $ - $ - $ Other Nonoperating Expend. - $ - $ - $ - $ - $ - $ Total Expenditures: 20,013.00 $ 39,304.00 $ 50,150.00 $ 50,150.00 $ 50,150.00 $ 50,150.00 $ Capital Contributions - $ - $ - $ - $ - $ - $ Excess (deficiency) of revenues & capital contrib. over expenditures: 614.00 $ 2,186,922.00 $ 110,955.00 $ 109,821.00 $ 118,521.00 $ 121,052.00 $