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Ordinance 3965-23
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Ordinance 3965-23
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8/10/2023 10:28:13 AM
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8/10/2023 10:28:02 AM
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Ordinances
Ordinance Number
3965-23
Date
8/9/2023
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<br />ORDINANCE Page 4 of 5 <br /> <br />Attachment A <br />Downtown Everett Business Improvement Area <br />2021 - 2025 Amended Budget <br />2021 Budget <br />Clean & Safe Maintenance Program $420,581 <br />Communications & Economic Development $48,218 <br />Administration & Professional Services $51,847 <br />Total expenses $520,646 <br />Uncollectable assessment allowance $14,796 <br />Total assessments $535,442 <br />2021 Total assessments of $535,442 includes $369,906 from Ratepayers, $103,600 from <br />City of Everett, and $61,936 from Snohomish County <br /> <br />Allowance for uncollectable assessment is equivalent to 4% of Ratepayer assessments <br />2022-2025 include an annual increase, shown in the right-hand column <br />2022 Budget <br />Annual <br />Increase <br />Clean & Safe Maintenance Program $433,198 3% <br />Communications & Economic Development $49,665 3% <br />Administration & Professional Services $53,402 3% <br />Total expenses $536,265 <br />Uncollectable assessment allowance $15,240 3% <br />Total assessments $551,505 <br />2023 Budget <br />Annual <br />Increase <br />Clean & Safe Maintenance Program $454,858 5% <br />Communications & Economic Development $52,148 5% <br />Administration & Professional Services $56,073 5% <br />Total expenses $563,079 <br />Uncollectable assessment allowance $16,002 5% <br />Total assessments $579,081 <br />
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