ST. LAWRENCE COUNTY INDUSTRIAL DEVELOPMENT AGENCY
Resolution No. IDA-16-02-02
February 18, 2016
AUTHORIZING MODIFICATIONS TO THE ST. LAWRENCE COUNTY
INDUSTRIAL DEVELOPMENT AGENCY FY2015 BUDGET
WHEREAS, Resolution IDA-14-10-24, adopted October 23 2014, approved the FY2015
Budget for the St. Lawrence County Industrial Development Agency (the “SLCIDA”), and
WHEREAS, certain SLCIDA revenue and expenditure accounts in the FY2015 Budget
require modification, and
NOW, THEREFORE, BE IT RESOLVED that St. Lawrence County Industrial
Development Agency authorizes the following modifications to the SLCIDA’s FY2015 Budget:
2015
Modified
Budget
Budget
Difference
2409L - Interest Income - Loans
11,500
24,965
13,465
2413 · Project Fees
10,000
35,150
25,150
2425 · NG Marketing Initiative Revenue
25,000
0
(25,000)
2450 · Rental Income - CIB
33,111
27,313
(5,798)
2499 · Canton Industrial Park Revenue
470,000
0
(470,000)
6420430 - NG Marketing Initiative Expense
25,000
0
(25,000)
6420501 - Railroad Interest Expense
15,000
0
(15,000)
6420617 - NF Rail Rehab Expense
913,500
281,154
(632,346)
6420619 - Massena Lot 17 Improvements
20,000
0
(20,000)
6455408 · Maintenance Expense - CIB
12,500
10,029
(2,471)
6455411 · Insurance Expense - CIB
4,650
8,198
3,548
6455500 · Interest Expense - CIB
13,016
10,287
(2,729)
6455510 - Depreciation Expense - CIB
50,621
54,686
4,065
6456411 · Insurance Expense - CIP
600
1,676
1,076
6460408 · Maintenance Expense
2,000
3,392
1,392
6460411 · Insurance Expense
12,000
10,054
(1,946)
6460416 · Utilities Expense
7,500
4,478
(3,022)
6460420 · Office Supplies Expense
5,000
2,215
(2,785)
6460421 · Office Equipment Expense
5,000
1,825
(3,175)
6460422 · Equipment Repair Expense
2,500
0
(2,500)
6460426 · IT Expense
7,500
3,946
(3,554)
6460432 · Other Legal Expense
10,000
1,113
(8,887)
6460436 · Promotion/Marketing Expense
25,000
37,517
12,517
6460440 · Auto Expense
4,000
2,219
(1,781)
6460443 · Mileage Expense
2,500
1,021
(1,479)
6460445 · Other Travel Expense
15,000
7,091
(7,909)
6460499 · Miscellaneous Expense
500
8,808
8,308
6460503A - Salaries & Wages
426,430
376,919
(49,511)
6460503B - Employee Benefits
196,745
157,160
(39,585)
6460503C - Post Employment Benefits Expense
121,986
133,970
11,984
6460503D - Payroll Tax Expense
32,010
26,800
(5,210)
6480408 · Maint Expense - Massena Lot 17 Bldg
500
10,157
9,657
6480411 · Insurance Expense - Massena Lot 17 Bldg
2,686
7,596
4,910
6497411 · Insurance Expense - PCP Bldg
3,300
4,900
1,600
Move:
Second:
VOTE
Blevins
Hall
LaBaff
McMahon
Staples
Burke
Weekes
Hall
Blevins
AYE
X
X
X
X
NAY
ABSTAIN
ABSENT
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.
/s/
X
X
X
Lori Sibley
February 18, 2016