ST. LAWRENCE COUNTY LOCAL DEVELOPMENT CORPORATION
Resolution No. MIC-15-09-13
September 24, 2015
ACCEPTING FY2016 TENTATIVE BUDGET
WHEREAS, the St. Lawrence County Local Development Corporation (the “SLCLDC”) has
caused to be prepared a Fiscal Year 2016 Tentative Budget, and
WHEREAS, the Tentative Budget has been made available to Board members, for review
prior to the September 24, 2015 meeting,
NOW, THEREFORE, BE IT RESOLVED that the St. Lawrence County Local
Development Corporation does hereby accept the Tentative Budget as proposed, including
modifications and amendments as may be reflected in the minutes of this meeting, and
BE IT FURTHER RESOLVED that the SLCLDC shall cause to have copies of the
Tentative Budget forwarded the St. Lawrence County Clerk and to the Legislature of St. Lawrence
County and to do all other things as may be required by statute, and
BE IT FURTHER RESOLVED that the SLCLDC will consider comments on the
Tentative Budget at the next meeting that is scheduled at least 20 days from the date of this resolution,
and may modify the Budget based on those comments or on other information that may come to the
attention of the SLCLDC.
Move:
Second:
VOTE
Blevins
Burke
Hall
LaBaff
McMahon
Staples
Weekes
LaBaff
Hall
AYE
NAY
ABSTAIN
ABSENT
X
X
I HEREBY CERTIFY that I have compared this copy of this
Resolution with the original record in this office, and that the
same is a correct transcript thereof and of the whole of said
original record.
X
X
X
X
X
/s/
Natalie A. Sweatland
September 24, 2015
St. Lawrence County Local Development Corporation [FY2016 Tentative Budget]
2014
Actual
Income
2400 · Late Fees Received
2409B · Interest Income - Banking
2409L · Interest Income - Loans
2424 · Brasher Admin Income
2015
Budget
YTD
7/31/15
2016
Budget
Total Income
690.00
15.93
9,274.50
0.00
9,980.43
1,000.00
10.00
7,562.00
1,000.00
9,572.00
375.00
8.44
5,085.72
0.00
5,469.16
1,000.00
10.00
6,500.00
1,000.00
8,510.00
Expense
6460411 · Insurance Expense
6460418 · Underwriting/Credit Report Expense
6460420 · Office Supplies Expense
6460424 · Postage Expense
6460432 · Other Legal Expense
6460433 · Legal Expense - Retainer
6460434 · Accounting Expense
6460442 · Meeting Expense
6460445 · Other Travel Expense
6460452 · Brasher Admin Payment
6460502 · Outside Contract Expense
6460499 · Miscellaneous Expense
6460550 · Bad Debt Expense
Total Expense
406.00
0.00
6.49
0.00
2,139.90
500.00
3,035.00
72.80
0.00
0.00
7,500.00
0.00
0.00
13,660.19
500.00
500.00
25.00
100.00
2,500.00
500.00
3,200.00
150.00
0.00
1,000.00
7,500.00
100.00
0.00
16,075.00
0.00
125.40
0.00
0.00
20.00
250.00
3,025.00
0.00
0.00
0.00
0.00
0.00
27,416.55
30,836.95
500.00
500.00
25.00
100.00
2,500.00
500.00
3,200.00
150.00
0.00
1,000.00
0.00
100.00
0.00
8,575.00
Total Revenue
9,980.43
9,572.00
5,469.16
Total Expenditures 13,660.19 16,075.00
30,836.95
Net Income (3,679.76) (6,503.00) (25,367.79)
8,510.00
8,575.00
(65.00)