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Kingsburg BID reviews finances and website updates; ending balance and projections noted
Summary
The BID received an informational budget briefing Dec. 2: the reported ending balance for the last fiscal year was $33,591.02, projected BID fees for the current year are about $35,000, estimated expenditures roughly $40,000, and an AP report shows about $11,900 in recorded expenses. A member also read a list of businesses to be added to the BID website.
The Kingsburg Downtown BID heard an informational report Dec. 2 from the city clerk's office on current revenues and expenditures and received a website-update report listing several businesses to be added to the BID site.
The city-clerk presenter said the ending balance for the most recent fiscal year was $33,591.02 and that projected BID fees for the current fiscal year are approximately $35,000 (previous years were…
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