1.

2.

3.

4.

5.

6.

7.

8.

9.

10.

LAKE MERRITT/UPTOWN COMMUNITY BENEFIT DISTRICT

388 19th Street  Oakland, California 94612

Phone 510.452.4529  Fax 510.452.4530  info@lakemerritt-uptown.org  www.lakemerritt-uptown.org
 2

LAKE MERRITT/UPTOWN COMMUNITY BENEFIT DISTRICT

388 19th Street  Oakland, California 94612

Phone 510.452.4529  Fax 510.452.4530  info@lakemerritt-uptown.org  www.lakemerritt-uptown.org
 3

2
 4

3
 5

4
Lake Merritt/Uptown District Association
YTD Cash Summary- September 2018

Perm/Temp Variance Comments

Cash Available YTD Actual YTD Budget YTD Variance (For variance amounts of 10% and $10K)
Prior Year Carry Forward and Assessment Income $1,215,688.13 $1,198,087.96 $17,600.17 Favorable PV - August disbursement exceeded
budget.
Total Cash Available $1,215,688.13 $1,198,087.96 $17,600.17 See comment above.

Expenses
DISI $36,966.74 $41,374.99 $4,408.25 Favorable TV - strategic projects pending
implementation.
ORG $205,479.58 $224,431.75 $18,952.17 Favorable TV - budgeted rent increase on space at
1924 Franklin St. not yet implemented and percentage
of projected end of year bonus included in monthly
allocation for Staff Personnel.
SOBO $713,751.76 $638,001.00 ($75,750.76) Unfavorable TV - Hours billed exceed contracted
amount. Staff worked with BBB to strategically front
load ambassador hours during renewal and is working
to bring budget back into alignment by end of year.
Additionally, there were numerous special events
within district boundaries in 2018 that required OT
Clean and Safe hours to manage crowds and overall
cleanliness in the district (e.g. Oakland Pride , the
Black Joy Parade, Warriors Parade and watch
parties).

Total Expenses $956,198.08 $903,807.74 ($52,390.34) See expense detail attached.

Cash Remaining $259,490.05 $294,280.22 ($34,790.17)

Current
Non-Assessment Funds - Contracted Contract Current Contract
Services Amount YTD Actual Remaining Funds Notes
Fox Theater Services (2018) $12,000.00 $12,000.00 $0.00 Total funds remaining from all four contract years is
$1,918.52
Current Contract Current Amount
Amount Invoiced Remaining Funds
City of Oakland $48,938.09 $34,822.49 $0.00 Payments made from this line item include expenses
related to renewal (P.U.M.A.), an allocation to support
OPD mounted unit, and payments to vendor for
maintenance of 1911 Telegraph and the 17th Street
BART Gateway.
Thor - 385 17th Street $3,670.58 $2,388.66 $2,082.78 Paid through June.
Total Non-Assessment Funds as of 9/31 $31,623.67
6
 10:19 AM Lake Merritt Uptown District Association
09/28/18
Cash Basis September 2018 Expenses
Curr. Actual Curr. Budget Curr. Variance Percent YTD Actual YTD Budget YTD Variance Percent Ann. Budget Variance Explanation

EXPENSES
DISTRICT IDENTITY (DISI)
Marketing 1,963.37 3,583.33 -1,619.96 54.79% 29,466.74 32,250.01 -2,783.27 91.37% 43,000.00 Favorable TV - strategic projects pending implementation.

Misc. 0.00 41.67 -41.67 0.0% 0.00 374.99 -374.99 0.0% 500.00
Total DISI Projects 1,963.37 3,625.00 -1,661.63 54.16% 29,466.74 32,625.00 -3,158.26 90.32% 43,500.00
Special Events
Arts & Culture 0.00 0.00 0.00 0.0% 5,000.00 5,000.00 0.00 100.0% 5,000.00 Art & Soul sponsorship fulfilled - event to be held 7/28 & 7/29
CBD Sponsored Events 0.00 416.67 -416.67 0.0% 2,500.00 3,749.99 -1,249.99 66.67% 5,000.00 Favorable TV - includes sponsorship Bike to Work Day.
Total Special Events 0.00 416.67 -416.67 0.0% 7,500.00 8,749.99 -1,249.99 85.71% 10,000.00
TOTAL (DISI) 1,963.37 4,041.67 -2,078.30 48.58% 36,966.74 41,374.99 -4,408.25 89.35% 53,500.00
ORGANIZATION
Non-personnel expenses
Accounting Expenses 0.00 0.00 0.00 0.0% 3,250.00 3,500.00 -250.00 92.86% 3,500.00 Favorable PV - tax filing completed.
Computer Service & Support 0.00 50.00 -50.00 0.0% 727.67 450.00 277.67 161.7% 600.00 Unfavorable PV - includes payments for IT support. Exceeds
annual budget.
Consulting & Legal Expenses 0.00 41.67 -41.67 0.0% 55.53 374.99 -319.46 14.81% 500.00
Fees & Permits 0.00 166.67 -166.67 0.0% 1,852.06 1,499.99 352.07 123.47% 2,000.00 Unfavorable TV - Includes IDA and CDA membership
renewal. W/in annual budget.
Insurance - Directors & Officers 0.00 0.00 0.00 0.0% 1,285.00 1,300.00 -15.00 98.85% 1,300.00 Paid in full.
Insurance - General Liability 0.00 0.00 0.00 0.0% 6,248.00 6,373.00 -125.00 98.04% 6,373.00 Paid in full.
Misc 3.39 125.00 -121.61 2.71% 1,897.77 1,125.00 772.77 168.69% 1,500.00 Unfavorable PV - includes payments for database
management software. Exceeds annual budget.
Rent 3,810.00 4,103.00 -293.00 92.86% 34,233.50 36,927.00 -2,693.50 92.71% 49,236.00 Favorable TV - budgeted rent increase has not yet been
implemented on space at 1924 Franklin St.
Office furniture & equipment 91.02 83.33 7.69 109.23% 750.82 750.01 0.81 100.11% 1,000.00 Unfavorable TV - allocation to this line item reduced due to
budgetary restrictions.
Postage, shipping, delivery 0.00 20.83 -20.83 0.0% 80.06 187.51 -107.45 42.7% 250.00
Printing & copying 169.42 229.17 -59.75 73.93% 1,528.04 2,062.49 -534.45 74.09% 2,750.00
Supplies 14.11 208.33 -194.22 6.77% 2,206.27 1,875.01 331.26 117.67% 2,500.00 Unfavorable TV - includes purchase of printer ink. W/in annual
budget.
Telephone & telecommunications 55.38 125.00 -69.62 44.3% 849.28 1,125.00 -275.72 75.49% 1,500.00
Total Non-personnel expenses 4,143.32 5,153.00 -1,009.68 80.41% 54,964.00 57,550.00 -2,586.00 95.51% 73,009.00
ORG/Special Projects
Annual Breakfast Meeting 0.00 0.00 0.00 0.0% 0.00 5,000.00 -5,000.00 0.0% 5,000.00 Funds to be expended on annual event.
Total ORG/Special Projects 0.00 0.00 0.00 0.0% 0.00 5,000.00 -5,000.00 0.0% 5,000.00
Personnel & Related 0.00 0.00 0.00 0.0% 0.00 0.00 0.00 0.0% 5,000.00
Staff Personnel 16,233.35 17,626.75 -1,393.40 92.1% 146,194.46 158,640.75 -12,446.29 92.15% 211,521.00 Favorable TV due to percentage of the projected end of year
bonus included in monthly allocation.

Training & Prof. Develop. 1,237.50 360.00 877.50 343.75% 4,321.12 3,241.00 1080.12 133.33% 4,321.00 Unfavorable PV - includes costs associated with staff
attendance at IDA Conference and Emerging Leader
Fellowship.

Total Personnel & Related 17,470.85 17,986.75 -515.90 97.13% 150,515.58 161,881.75 -11,366.17 92.98% 215,842.00
TOTAL ORGANIZATION 21,614.17 23,139.75 -1,525.58 93.41% 205,479.58 224,431.75 -18,952.17 91.56% 293,851.00
SOBO
Clean and Safe 72,361.15 63,665.67 8,695.48 113.66% 645,182.48 572,990.99 72,191.49 112.6% 763,988.00 Unfavorable TV - Hours billed exceed contracted amount.
Working with BBB to bring budget in line by years' end.
Misc SOBO expenses 748.34 833.33 -84.99 89.8% 7,682.19 7,500.01 182.18 102.43% 10,000.00
7

Page 1 of 2
 10:19 AM Lake Merritt Uptown District Association
09/28/18
Cash Basis September 2018 Expenses
Curr. Actual Curr. Budget Curr. Variance Percent YTD Actual YTD Budget YTD Variance Percent Ann. Budget Variance Explanation
Program Coordinator 2,749.87 2,823.92 -74.05 97.38% 24,654.52 25,415.24 -760.72 97.01% 33,887.00 Favorable TV due to percentage of the projected end of year
bonus included in monthly allocation.
PROW Maintenance 489.15 3,066.08 -2,576.93 15.95% 28,656.26 27,594.76 1,061.50 103.85% 36,793.00 Unfavorable TV - includes payment to artist for untility box
painting.
Watering 1,093.06 500.00 593.06 218.61% 7,576.31 4,500.00 3,076.31 168.36% 6,000.00 Unfavorable PV - watering expenses increased with
installation of new baskets. Exceeds annual budget.

TOTAL SOBO 77,441.57 70,889.00 6,552.57 109.24% 713,751.76 638,001.00 75,750.76 111.87% 850,668.00
TOTAL EXPENSE 101,019.11 98,070.42 2,948.69 103.01% 956,198.08 903,807.74 52,390.34 105.8% 1,198,019.00
8

Page 2 of 2