Business Improvement District

Downtown Business Improvement District Board Tuesday April 18, 2023 12:00 P.M. Former Fremont National Bank Building, 2nd floor Board Room Fremont Nebraska 1. Meeting called to order, announcement of Open Public Meeting Law and Roll Call 2. Approval of the Minutes of the March 21, 2023 Meeting. 3. Discussion and possible action on paying Audio Video for moving the speaker control console. 4. Discussion and possible action on bid for parking lot green space maintenance. 5. Discussion and possible action on preparation for the City Council study session on April 25, 2023 6. Discussion and possible action on Future Projects 7. Committee reports: 1. Financial Report 2. Project Committee Report 3. Equalization Committee Report 4. Multi-Cultural Committee Meeting Report 5. Marketing Committee report 6. Maintenance Committee report 7. Future Projects Committee Report 8. Design Committee Report 9. Comments from the public 6. MainStreet Report – Lainey Paquette Our Next meeting will be May 15, 2023 at Former Fremont National Bank Building Agenda posted at the Municipal building on April 13, 2023. The Board reserves the right to go into Executive Session when necessary. A copy of the Open Meeting Law is available for review by the public. The Board reserves the right to adjust the order of the items on this agenda. Statement of Revenues, Expenditures and Changes in Fund Balances 2019 - YTD 2023 (Effective 3/31/2023) Revenues YTD 2023 YTD 2022 2021 2020 2019 Assessments $ - $ 50,709.71 $ 43,764.74 $ 41,734.65 $ 44,993.09 Interest income $ - $ 59.04 $ 42.92 $ 87.47 $ 125.55 Donations $ - $ 30,000.00 License fees $ 100.00 $ 100.00 Total revenues $ 100.00 $ 80,868.75 $ 43,807.66 $ 41,822.12 $ 45,118.64 Expenditures Retention/recruitment $ - Downtown beautification $ 1,525.95 $ 60,037.68 $ 9,238.52 $ 17,755.78 $ 2,234.24 Implementation/maintenance $ 2,523.50 $ 15,156.61 $ - $ - Promotion/marketing $ 2,608.29 $ 12,494.49 $ 4,600.95 $ 10,331.00 $ 25,175.89 Other as authorized by NRS 19-4015 $ 59.28 $ 480.88 $ 203.32 $ 417.08 $ 364.14 Total expenditures $ 6,717.02 $ 88,169.66 $ 14,042.79 $ 28,503.86 $ 27,774.27 Excess (deficiency) of revenues over expenditures $ (6,617.02) $ (7,300.91) $ 29,764.87 $ 13,318.26 $ 17,344.37 Other financing sources (uses) Transfer in (a) $ - $ - $ - $ - $ - Transfer out $ - $ - $ - $ - $ - Net other sources and uses $ - $ - $ - $ - Net change in fund balances $ (6,617.02) $ (7,300.91) $ 29,764.87 $ 13,318.26 $ 17,344.37 Fund balance prior year $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 $ 40,123.13 Fund balance current year $ 86,632.70 $ 93,249.72 $ 100,550.63 $ 70,785.76 $ 57,467.50 $ - $ -