2024 Budget — OCIDA 2024 Annual Budget
======================================

OCIDA 2024 Budget
1. Operating Expenses/Program Expenses             2023 Budget       2024 Budget        2025 Budget          2026 Budget          2027 Budget
Onondaga County - Contractual Support Services   $       816,000   $        950,000   $        950,000     $        950,000     $        950,000
General & Administrative                         $       540,294   $      1,300,000   $      1,300,000     $      1,300,000     $      1,300,000
Financial Assistance Grants                      $        42,840
Pass-through Expense (PILOT Payments)            $         3,060   $     9,500,000    $       9,500,000    $       9,500,000    $       9,500,000
Other Pass-through Expense                                         $     3,700,000    $       3,700,000    $       3,700,000    $       3,700,000
Depreciation Expense                             $        17,340   $        30,000    $          30,000    $          30,000    $          30,000
Professional Services                            $        34,680   $       350,000    $         350,000    $         350,000    $         350,000
Marketing Expense                                                  $       200,000    $         200,000    $         200,000    $         200,000
Other Expenses                                   $         5,610   $       200,000    $         200,000    $         200,000    $         200,000
Conferences/Project Events                       $        10,812   $        50,000    $          50,000    $          50,000    $          50,000
Interest Expense                                 $         2,244
Office Expenses/Meeting Expenses                                 $           50,000 $             50,000 $             50,000 $             50,000
           Total Operating/Program Expenses      $     1,472,880 $        3,130,000 $          3,130,000 $          3,130,000 $          3,130,000

2. Revenue                                         2023 Budget      2024 Budget           2025 Budget          2026 Budget          2027 Budget
Agency Revenues                                  $      1,429,020 $      3,000,000    $        3,000,000   $        3,000,000   $        3,000,000
Pass-through Income (PILOT Payments)                              $      9,500,000    $        9,500,000   $        9,500,000   $        9,500,000
Other Pass-through Income                                         $      3,700,000    $        3,700,000   $        3,700,000   $        3,700,000
Rent Income                                      $         12,240 $         15,000    $           15,000   $           15,000   $           15,000
Grant Income/Reimbursement                                        $         15,000    $           15,000   $           15,000   $           15,000
Other Income                                     $         25,500 $         50,000    $           50,000   $           50,000   $           50,000
Interest Income                                  $          6,120 $         50,000    $           50,000   $           50,000   $           50,000
                     Total Revenue               $      1,472,880 $      3,130,000    $        3,130,000   $        3,130,000   $        3,130,000