In the formation of this proposal, the Steering Committee gathered a series of quotes for a variety of services indicated in our Needs Assessment Survey. These quotes were used to determine the BID’s maximum budget, but they are not a projected or planned budget by any means.
In other words, there is no budget (yet)!
The purpose of a BID is to implement its core services to suit the needs of its community, which is why the line-by-line budget is not set in the proposal, but approved each year by the nonprofit’s Staff and Board of Directors (which is elected by everyone in the membership).
what’s in the budget?
However, to give a sense of how this BID might operate, we have included details about this hypothetical budget which was consulted to form the proposal.
Below is the detailed scope of services which informed this hypothetical budget.
Sanitation
19-member clean team (street cleaning, garbage can emptying)
Budget to power wash each block once per year
Truck for transporting garbage
New DSNY trash container installation
Repainting all street fixtures and furniture
Parks
4 sanitation workers
1 supervisor
2 gardeners
1 PEP officer
Gardening and parks care materials
Streetscape Improvements
Mulching, weeding, cultivating every street tree bed in district
New guards on every tree bed
Installing 170 new planters
Seasonal plantings in planters, constant watering
Gardening and parks care materials
Neighborhood banners
$50k a year for capital improvements (sidewalk repair, planting etc.)
administration
One executive director
One director of operations
Office rental, insurance, storage, etc.
outreach, communication
Full-time outreach coordinator, keeping the BID in touch with locals and small businesses.
marketing, events, lights
Holiday lights along Bedford and Grand
Public events (shop small, cultural events, music)
Sponsorship of small business’ events
District marketing (interactive map, dining guides, etc)
public safety
No specific program quoted, just a rough estimate of what might be needed depending on community request.
other services
Contingency, advocacy, reports/studies if necessary