CCP 05-24-1999 - Laserfiche WebLink

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. ~ FINANCIAL OVERVIEW e Preliminary Balance Sheet for Period Ending December 31, 1998 ASSETS CURRENT ASSETS Cash - General..................................................... 123,827.62 Prepaid Expenses.................................................. 10,654.70 Total Current Assets.............................. ........ ...................... $134,482.32 Office Equipment, at cosl............................................. 53,721.82 Less Accumulated Depreciation .......................... (34,602.55) Net Office Equipment............................................................. $ 19,119.27 TOTAL ASSETS. ......... ............ ............................ ........................ $153,601.59 LIABILITIES AND NET ASSETS . CURRENT LIABILITIES Accounts Payable...................................................... 1,200.00 Accrued Expenses..................................................... 5,156.12 Deferred Dues Revenue.......................................... 45,750.00 Total Current Liabilities................................... $ 52,106.12 NET ASSETS .... ..... ....................................................................... TOTAL LIABILITIES AND NET ASSETS ............................. $101,495.47 $153,601.59 1999 PRELIMINARY BUDGET MEDP In-Kind Contributors: Minnesota Technology Northern States Power Company Olsen, Thielen & Company, Ltd Saint Paul Area Chamber of Commerce Saint Paul Pioneer Press REVENUE Memberships $329,000 Interest 7,000 Other Income 5,000 In-kind Contributions 30,000 TOTAL $371.000 EXPENSES Personnel $204,000 Operations 71 ,000 Administration 16,000 Programs 40,000 . Capital Expenditures 2,000 In-kind Contributions 30,000 TOTAL $363.000 MEDP Affiliations: Advantage Minnesota BOMA - Saint Paul Council of Urban Economic Development EDAM IDRC Organization of Commercial Realtors TC Web Twin Cities-Metro