City Council

OFFICE OF CITY CLERK SCHENECTADY, NEW YORK AGENDA FOR THE COUNCIL CAUCUS AND THE CITY COUNCIL MEETING Friday, December 13, 2024 Room 110 5 00 p.m. PUBLIC HEARING 001 Regarding Approving the 2025 Downtown Special Assessment District (DSAD) Budget PUBLIC HEARING 002 Regarding Approving the 2025 Upper Union Street Business Improvement District (BID) Budget FINAL CONSIDERATION 01 Council Member A RESOLUTION Approving the 2025 Downtown Special Assessment District (DSAD) Budget Votes Required 4 FINAL CONSIDERATION 02 Council Member A RESOLUTION Approving the 2025 Upper Union Street Business Improvement District BID) Budget Votes Required 4 1 Tuesday, December 10, 2024 Page 1 of 1  City of Schenectady, New York RESOLUTION No.: Councilmember offered the following: A Resolution Approving the 2025 Downtown Special Assessment District Budget (DSAD) WHEREAS, the City Council held a public hearing on December 13, 2024, regarding the proposed 2025 Operating Budget for the Downtown Special Assessment District; and WHEREAS, the City Council also reviewed said operating budget and found it appropriate for adoption and approval: NOW, THEREFORE BE IT, RESOLVED, that the Mayor, Gary R. McCarthy, and City Council do hereby approve the adoption of the 2025 Operating Budget for the Downtown Special Assessment District for the fiscal year commencing on January 1, 2025, a copy of which is attached hereto; and be it further RESOLVED, that the Mayor, Gary R. McCarthy, is authorized to execute all documents and/or agreements as shall be necessary to permit the Downtown Special Assessment District to provide the services and functions pursuant to the 2025 Operating Budget. Approved as to form this ___ day of December 2024. ____________________________ Maxine Barasch, Esq. Corporation Counsel 2 SCHENECTADY - DOWNTOWN SPECIAL ASSESSMENT DISTRICT (DSAD) 2025 Budget - Page 1 of 3 2025 DSAD ASSESSMENT 2024 DSAD ASSESSMENT 2023 DSAD ASSESSMENT DSIC Program Category ALLOCATED TO DSIC ALLOCATED TO DSIC ALLOCATED TO DSIC Total DSAD Assessment Levy $ 380,000 $ 380,000 $ 355,000 Total DSAD Assessment Levy for 2025 - Frontage Factor $ 190,000 $ 190,000 $ 177,500 Total DSAD Assessment Levy for 2025 - Size factor $ 190,000 $ 190,000 $ 177,500 Total of DSIC Programs $ 1,021,203 $ 957,835 $ 954,742 Base Participation Fee $ 365 $ 365 $ 340 NOTES The funding reflected in the budget of the Downtown Special Assessment District (DSAD) as approved by City Council represents a portion of the funding utilized by the Downtown Schenectady Improvement Corporation (DSIC) for its operations, as set forth in the separate budget of the DSIC. 3 SCHENECTADY - DOWNTOWN SPECIAL ASSESSMENT DISTRICT (DSAD) 2025 Budget - Page 2 of 3 Amount Funded Through Amount Funded Through Expenses by Category DSAD Assessment Other Sources Totals Administration $ 11,400 $ 14,310 $ 25,710 Business Promotion & Development $ 114,000 $ 224,032 $ 338,032 Environmental Enhancement $ 254,600 $ 402,861 $ 657,461 Total Budget Income $ 380,000 $ 641,203 $ 1,021,203 4 Downtown Schenectady Improvement Corporation 2025 Budget Page 3 of 3 Business Comm & Environmental Difference Marketing & Enhancement & Between Revenue Administration Development Maintenance 2025 BUDGET 2024 BUDGET 2025 & 2024 Donations/Sponsorships $ 30,375 $ 10,125 $ 40,500 $ 33,685 $ 6,815 DSAD Assessment $ 11,400 $ 114,000 $ 254,600 $ 380,000 $ 380,000 $ - Grant Revenue - Other $ - $ 15,500 $ - $ 15,500 $ 8,000 $ 7,500 Metroplex Grant - Landscaping $ - $ - $ 100,000 $ 100,000 $ 112,000 $ (12,000) Metroplex Grant - Outdoor Operations $ - $ - $ 300,000 $ 300,000 $ 275,000 $ 25,000 Product Sales/BBP Auction $ - $ 4,000 $ - $ 4,000 $ 2,500 $ 1,500 Ticket Sales/Vendor Fees $ - $ 67,200 $ - $ 67,200 $ 55,100 $ 12,100 Marketing Participation $ - $ 24,100 $ - $ 24,100 $ 20,335 $ 3,765 Interest Revenue $ 3,000 $ - $ - $ 3,000 $ 2,400 $ 600 Total Revenue $ 14,400 $ 255,175 $ 664,725 $ 934,300 $ 889,020 $ 45,280 Business Comm & Environmental Difference Marketing & Enhancement & Between Expenses Administration Development Maintenance 2025 BUDGET 2024 BUDGET 2025 & 2024 Advertising $ - $ 8,301 $ - $ 8,301 $ 15,000 $ (6,699) Business Development $ - $ 7,229 $ - $ 7,229 $ 6,600 $ 629 Communications/Phone/Internet $ 403 $ 4,026 $ 8,992 $ 13,421 $ 10,435 $ 2,986 EEM Contract Services $ - $ - $ 15,540 $ 15,540 $ 2,400 $ 13,140 EEM Flowers $ - $ - $ 10,788 $ 10,788 $ 15,000 $ (4,212) EEM Gas $ - $ - $ 7,070 $ 7,070 $ 8,500 $ (1,430) EEM Landscape Services Materials/Supplies $ - $ - $ 3,547 $ 3,547 $ 40,119 $ (36,572) EEM Equipment Maintenance/Repairs $ - $ - $ 17,415 $ 17,415 $ 13,500 $ 3,915 EEM Warehouse Lease/Utilities $ - $ - $ 28,907 $ 28,907 $ 27,845 $ 1,062 Fees/Licenses/Permits $ 18 $ 183 $ 409 $ 610 $ 500 $ 110 Insurance (GL,D&O,Bond) $ 1,397 $ 13,971 $ 31,203 $ 46,571 $ 31,270 $ 15,301 Memberships $ 45 $ 450 $ 1,005 $ 1,500 $ 490 $ 1,010 Office Lease/Utilities $ 1,158 $ 11,580 $ 25,863 $ 38,601 $ 33,743 $ 4,858 Postage/Mailing $ 24 $ 240 $ 536 $ 800 $ 720 $ 80 Professional Services $ 1,303 $ 13,025 $ 29,089 $ 43,417 $ 35,795 $ 7,622 Printing $ 455 $ 4,553 $ 10,167 $ 15,175 $ 8,000 $ 7,175 Salaries/Benefits $ 20,626 $ 206,264 $ 460,655 $ 687,545 $ 634,832 $ 52,713 Special Events/Promotions $ - $ 65,400 $ - $ 65,400 $ 63,694 $ 1,706 Subscriptions $ 51 $ 509 $ 1,138 $ 1,698 $ 1,612 $ 86 Supplies $ 78 $ 780 $ 1,742 $ 2,600 $ 2,920 $ (320) Work Clothing $ 152 $ 1,520 $ 3,396 $ 5,068 $ 4,860 $ 208 Equipment $ - $ - Total Expenses $ 25,710 $ 338,032 $ 657,461 $ 1,021,203 $ 957,835 $ 63,368 5  City of Schenectady, New York RESOLUTION No.: Councilmember offered the following: A Resolution Approving the 2025 Upper Union Street Business Improvement District (BID) Budget WHEREAS, the City Council held a public hearing on December 13, 2024, regarding the proposed 2025 Operating Budget for the Upper Union Street Business Improvement District (BID); and WHEREAS, the City Council also reviewed said operating budget and found it appropriate for adoption and approval: NOW, THEREFORE BE IT RESOLVED, that the Mayor, Gary R. McCarthy, and City Council do hereby approve the adoption of the 2025 Operating Budget for the Upper Union Street Business Improvement District (BID) for the fiscal year commencing on January 1, 2025, a copy of which is attached hereto; and be it further RESOLVED, that the Mayor, Gary R. McCarthy, is authorized to execute all documents and/or agreements as shall be necessary to permit the Upper Union Street Business Improvement District (BID) to provide the services and functions pursuant to the 2025 Operating Budget. Approved as to form this ___day of December 2024. ____________________________ Maxine Barasch, Esq. Corporation Counsel 6  Upper Union Street Business Improvement District 2025 Projected Budget 25-Nov-24 Budget Income Assessment $46,100 Donation Received 0 Total Income $46,100 Expenses Advertising 7,000 Bank Service Charges 64 Dues & Subscriptions 500 Executive Director 12,000 Fees (NY) 50 Holiday Festival 2,000 Insurance 1,680 Landscaping 5,825 Meeting Expense 1085 Office Expense 250 Professional Fees 900 Scholarship Expense 2,000 Snow Removal 6,000 Urban Beautification 6,400 Miscellaneous 250 $46,004 Profit (Loss) $96 7