Fort Langley Business Improvement Association

Fort Langley BIA Box 198, Fort Langley, BC, VIM 2R5 P.604.888.8835 F. 604.888.9035 bia.fortIongley.com

Mayor Rick Green and Council

a
Township of Langley
—
20338 65th Avenue 26
Langley, BC V2Y 3Jl

LEGISLATIVE SERVICES

January 12, 2009

Re; 2009 Fort Langley BIA Budget submission

Dear Mayor and Council

Please find enclosed a copy of the Fort Langley BIA budget for 2009, as per bylaw No.
4577.

As in past years, we look forward to your passing this budget as required by the bylaw.
As a group of property and business owners in the Fort Langley Area, we are very
proud of our accomplishments and look forward to continued efforts to enhance the
d
Village of Fort Langley. We are now entering into our 2 year and we count on your
ongoing support and assistance.

Sincerely,

‘7
Stan Duckworth
President
Fort Langley BIA
 A
Fort LaniIey Business Improvement Association
Box 198, Fort Langley, BC Vi M 2R5 P: 604-888-8835 F: 604-888-9038 E: info@fortlangley.com

Budget 2009
Income

BIA Levy
Funds collected by Township via tax levy. 50,000.00

Government Grants 7,500.00

Special Events grant from TOL $2,500
Capital grant for Christmas Lights and Decorations $5,000.

Festival Revenue 40,000.00

Estimated festival revenue based on previous years
Income: sales, rentals, and commissions.

Associate Memberships 2,250.00

Estimated Businesses outside the BIA who benefit from
BIA promotions and pay an associate membership fee.

Total General Revenues $99,750.00

Expenses

Administrative Contracts 17,400.00

Including marketinglfestival coordinator
(Installing Christmas Lights, banners,
street cleaning, web site maintenance)

Festivals and Christmas promotion 45,000.00

Estimated festival expenses based on previous years.

Marketing 24,850.00
Estimated expenses for advertising and marketing.

Streetscape and Christmas lighting 5,000.00

Banner maintenance, street maintenance (cleaning labour)

Audit and accounting 5,500.00

Office supply, equipment 2,000.00

Total Estimated Expenses $99,750.00

2009 Budget outli e ormulated from 2008 income and expenses.
Aed by the 1
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Stan Du — President