Atlanta BeltLine Budget Briefing · 8 Invest Atlanta - Westside TAD Grant 42,750 $ 107,720 $ (64,970) 9 Invest Atlanta - REBA Grant 462,800 $ 665,300 $ (202,500) ... 11 Affordable

5/3/2019 Atlanta BeltLine // © 2019 Page 1

// Atlanta BeltLineBudget Briefing

FY20 Budget

Fiscal Year 2020 // May 8, 2019


• Atlanta BeltLine Budget Structure

• Budget Overview TAD Forecast / Cash Projection FY20 Budget: Revenue / Expense - Summary FY20 Budget: Revenue / Expense - Detail

• Project Summary Parks & Trails: Planning, Design & Construction Transit & Transportation: Planning, Design & Construction

• Q & A

// Agenda


// BeltLine TAD / ABI Budget Structure

TAD / BONDS

FTA / FHWA

GDOT/ARC

IA / TSPLOST

ABI

DEBT SERVICE

PILOT FEES

CAPITAL PROJECTS / PROGRAMS

G & A

ABP / COA

Revenue Budget Expense


// ABI Budget Overview


5/3/2019 Atlanta BeltLine // © Page 52019

// Atlanta BeltLine TAD Trend


// ABI / TAD Budget: FY20 Cash Projection

Atlanta BeltLine TAD FY 20 Budget FY 19 BudgetFY20 Increment Available for Redevelopment

Projected Ending Cash Available at 6/30 18,000,000$ 10,000,000$

- - - - - - - - - - - -

Beginning Cash Available at 7/1 18,000,000$ 10,000,000$

Sources Tax Increment Forecast 46,632,035$ 35,119,190$

Total Cash Available for FY20 64,632,035$ 45,119,190$


// ABI / TAD Budget: FY20 Cash Projection

Uses FY 20 Budget FY 19 Budget

Debt Service on Atlanta BeltLine TAD Bonds (16,688,198) (16,686,220) Debt Service on Bank Loan (Principal) (2,767,805) (2,598,878) Interest Payment on Bank Loan (405,761) (343,834) APS PILOT Payment (2,000,000) (2,000,000)

- - Fulton County PILOT Payment (1,350,000) (1,350,000)

IA PCR Direct/Indirect TAD Group (incl URFA) (500,000) (500,000) EPA Revolving Loan Fund (41,789) (41,789) Atlanta BeltLine TAD Other (Audit, Bank Fees, Legal Fees, etc.) (100,000) (100,000)

Total Uses for FY20 (23,853,554) (23,620,721)

Net Available for FY20 Redevelopment 40,778,481$ 21,498,469$

Less: Year-End Cash Balance Forward Amount (8,000,000)$ (6,000,000)$

Net Available for FY20 Redevelopment 32,778,481$ 15,498,469$


// Atlanta BeltLine TAD Budget


// ABI Revenue

Account DescriptionFY20 Budget

(TOTAL)FY20 Budget (TAD ONLY) FY19 Budget Diff

PROJECTED REVENUES

1 TAD Increment Available for Redevelopment 32,778,481$ 32,778,481$ 15,498,469$ 17,280,012$ 2 Bond Proceeds 23,682,848 28,247,120$ (4,564,272)$ 3 Atlanta BeltLine Partnership (ABLP) 8,620,500 6,765,000$ 1,855,500$ 4 City of Atlanta (COA) 1,804,500 669,369$ 1,135,131$ 5 TSPLOST 10,599,000 11,088,601$ (489,601)$ 6 MARTA - 1,537,020$ (1,537,020)$ 7 Invest Atlanta - Eastside TAD Grant 192,615 73,640$ 118,975$ 8 Invest Atlanta - Westside TAD Grant 42,750 107,720$ (64,970)$ 9 Invest Atlanta - REBA Grant 462,800 665,300$ (202,500)$

10 Federal Transit Adminstration (FTA) 1,244,725 2,120,700$ (875,975)$ 11 Federal Highway Administration (FHWA) 7,350,400 9,829,600$ (2,479,200)$ 12 National Park Service 300,000 -$ 300,000$ 13 GDOT - TE Grant 562,000 562,399$ (399)$ 14 Fulton County, Ga Council for the Arts 26,000 27,000$ (1,000)$ 15 National Endowment for the Arts (NEA) 10,000 15,000$ (5,000)$ 16 Annie E. Casey Fdtn - 10,800$ (10,800)$ 17 EPA 500,000 -$ 500,000$ 18 Lease Income 452,453 452,453 382,257$ 70,196$ 19 Organic Landcare Symposium (OLCS), AH Fees - 5,000$ (5,000)$ 20 Non-Cash Revenue: Cap Int, Amort, Depreciation 283,500 274,000$ 9,500$ 21 Licensing Revenue 17,500 17,500$ -$

TOTAL PROJECTED REVENUES 88,930,072$ 33,230,934$ 77,896,495$ 11,033,577$

= > RESTRICTED REVENUE SOURCES 55,850,590.67$ 55,868,089.67$ (17,499)$


// ABI Revenue


// ABI Expense - Summary

PROJECTED EXPENSES 55,868,089.67$ (17,499.00)$ 63%

Administrative and Operating Expenses:FY20 Budget

(TOTAL)FY20 Budget (TAD ONLY) FY19 Budget Diff

1 Salaries & Benefits (51 FT) 7,828,361$ 7,828,361$ 7,488,509$ 339,852$ 2 Lease 439,611$ 439,611$ 418,360$ 21,251$

3 Interest Expense -$ -$ -$ -$ 4 Other Operating Expenses 1,142,111$ 1,142,111$ 1,138,813$ 3,298$

TOTAL PROJECTED ADMIN & OPERATING EXP 9,410,083$ 9,410,083$ 9,045,681$ 364,401$ 364,401

Program Expenses:5 Parks & Trails (Planning, Design & Construction) 41,602,500$ 6,596,250$ 36,358,344$ 5,244,156$ 6 Transit & Transportation (P, D and C) 6,712,500$ 120,160$ 9,700,369$ (2,987,869)$ 7 Real Estate Asset Management 13,720,511$ 2,257,963$ 12,055,300$ 1,665,211$ 8 Community Planning & Engagement & Arts/Culture 1,000,385$ 769,885$ 903,950$ 96,435$ 9 Government Affairs 150,000$ 150,000$ 150,000$ -$

10 Economic Development 2,490,000$ 415,000$ 1,576,500$ 913,500$ 11 Affordable Housing Development 11,958,930$ 11,958,930$ 6,350,000$ 5,608,930$ 12 Communications & Media Relations 262,108$ 262,108$ 229,908$ 32,200$ 13 Legal 653,600$ 604,600$ 629,042$ 24,558$ 14 Equity & Inclusion 60,000$ 60,000$ 60,000$ -$ 15 Finance 247,955$ 247,955$ 263,400$ (15,445)$ 16 Operations 300,000$ 300,000$ 222,000$ 78,000$ 17 Corporate Development 78,000$ 78,000$ 78,000$ -$

TOTAL PROJECTED PROGRAM EXPENSES 79,236,489$ 23,820,851$ 68,576,813$ 10,659,676$

FY20 ABI PROJECTED BUDGET 88,646,572$ 33,230,935$ 77,622,494$ 11,024,077$

NET INCOME 283,500$ (0)$ 274,000$ 9,500$

DEPRECIATION EXPENSE 283,500$ -$ 274,000$ 9,500$

NET INCOME AFTER DEPRECIATION 0$ (0)$ 0$ 0$


// ABI Expense


// ABI Expense: Admin Detail

PROJECTED EXPENSES $ %

Administrative and Operating Expenses: FY20 Budget FY19 Budget $ %1 Salaries & Benefits 7,828,361$ 7,488,509$ 339,852$ 4.5%

Funds 51 FT positions, Health Benefits, Retirement Benefits2 Lease 439,611$ 418,360$ 21,251 5.1%

Year 4: Perm Lease began 7/1/15. Payments began 7/1/16, following 12 mo. rent abatement.

3 Interest Expense -$ -$ - 0.0%Interest on RE Acquisitions, Line of Credit

4 Other Operating Expenses 1,142,111$ 1,138,813$ 3,298 0.3%Includes: Audit Fees, IT Costs, Insurance, Copiers, Telephone,Data Lines, Conferences, Travel, Office Supplies, Repair/Maintenance

TOTAL PROJECTED ADMIN & OPERATING EXP 9,410,083$ 9,045,681$ 364,402$ 4.0%

VARIANCE


// ABI Expense: Admin Detail - Salaries

2020 FISCAL YEAR

Account Description TotalSalaries 5,693,785$ Mobile Communications 48,900$ EE Costs 7,600$ Health Insurance 1,048,478$ Transit / Parking 58,546$ Medicare (1.45%) 82,560$ SUTA (2.8% of 1st $9.5K)+Experience Factor 34,424$ 401A Contributions 854,068$ Other -$

SALARIES & BENEFITS SUBTOTAL 7,828,361$


// ABI Expense: Admin Detail - Other Operating Expenses

2020 FISCAL YEAR

Account Description TotalOTHER OPERATING EXPENSES (Continued)

Adv Print Expense 120$ Advertising & Marketing 3,600$ Audit & Tax 24,000$ Bank Charges 6,000$ Computer Equipment/Software 215,081$ Conferences (Registration Fees Only ) 74,430$ Consulting 17,000$ Copiers 37,200$ Courier & Packages 9,160$ Postage (Lease) 1,860$ Strategic Corporate Sponsorships / Donations 31,750$ Insurance Expense 220,000$ Legal & Prof 240$ Meals & Entertainment (Local) 23,240$ Meals & Entertainment (Travel) 30,130$



2020 FISCAL YEAR


General Meeting 10,000$ Membership Dues 67,210$ Office Beverages 9,600$ Office Supplies 54,314$ Payroll Processing 8,000$ Rent 439,611$ Repairs & Maintenance 4,000$ Recruitment 12,000$ Subscriptions - Media/Periodicals 17,736$ Telephones 2,000$ Telephone/Communications 2,640$ Telephone/Conference Calls 984$ Data Lines 11,808$ Training & Prof Development 70,160$



2020 FISCAL YEAR


Airfare 52,758$ Hotels/Lodging 98,205$ Parking/Tolls/Cab/Mileage/Transit 17,045$ Validated Parking 6,000$ Janitorial 2,640$ Sanitation / Trash / Recycling 1,200$

1,581,722$ OPERATING EXPENSE SUBTOTAL


// ABI Project BudgetsParks & Trails

(Planning, Design & Construction)



// ABI Expense: Program Expense Detail


Program Expenses: FY20 Budget FY19 Budget $ %5 Parks & Trails (Planning, Design, & Construction) 41,602,500$ 36,358,344$ 5,244,156$ 14.4%

SS Trail (design & construction), NE Trail (design &construction), Bill Kennedy Way (design), NW Trail (design),Enota Park, Blvd Crossing, Murphy Crossing, Wayfinding

6 Transit & Transportation (P, D & C) 6,712,500$ 9,700,369$ (2,987,869)$ -30.8%EA & Engineering: ABL East, ABL West, Purple Line,& ABL Crosstown - Downtown & Midtown, Southside,A-Line Ext, Ponce Streetscapes, Bridge/Street Review

7 Real Estate Asset Management 13,720,511$ 12,055,300$ 1,665,211$ 13.8% Property Management & Maintenance, Acquisitions, Easements

8 Community Planning & Engagement 1,000,385$ 903,950$ 96,435$ 10.7% TADAC / BAHAB Reimbursements, Meeting Facilities, Planning Consultant - DRC, Master Plan Updates

9 Government Affairs 150,000$ 150,000$ -$ 0.0% Federal/State/Local Lobbyist

VARIANCE


// ABI Expense: Program Expense Detail


Program Expenses: FY20 Budget FY19 Budget $ %10 Economic Development 2,490,000$ 1,576,500$ 913,500$ 57.9%

Corridor Activation, Murphy Crossing, Workforce Development11 Affordable Housing Development 11,958,930$ 6,350,000$ 5,608,930$ 88.3%

Developer Incentives, Pre-Development & Land Acquisition

12 Communications & Media Relations 262,108$ 229,908$ 32,200$ 14.0% Website hosting & support, Newsletter design and printing, Mobile Access Enhancement, Photography, Annual Report, Media Tracking

13 Legal 653,600$ 629,042$ 24,558$ 3.9% Projected Legal costs for FY20

14 Equity & Inclusion 60,000$ 60,000$ -$ 0.0% Projected E&I costs for FY20

15 Finance 247,955$ 263,400$ (15,445)$ -5.9% Operational Capital, including computers, furniture, phones

16 Operations 300,000$ 222,000$ 78,000$ 35.1% Operational Contingency

17 Corporate Development 78,000$ 78,000$ -$ 0.0%Strategic Initiatives

TOTAL PROJECTED PROGRAM EXPENSES 79,236,489$ 68,576,813$ 10,659,676$ 15.5%

FY20 ABI PROJECTED BUDGET 88,646,572$ 77,622,494$ 11,024,078$ 14.2%

VARIANCE


// ABI Budget – Parks & TrailsPlanning, Design & Construction

PROJECT NON-TAD BOND NET TADEXPENSES REVENUES PROCEEDS BUDGET

Southside Trail (Design, Construction) 12,230,000$ (4,534,000)$ (7,696,000)$ -$ Bill Kennedy Way (Design) 2,000,000$ -$ (2,000,000)$ -$ Northeast Trail (Design, Construction) 10,740,000$ (2,964,000)$ (2,396,000)$ 5,380,000$ Enota Park (Construction) 6,388,000$ (6,388,000)$ -$ -$ Boulevard Crossing (Design) 1,512,000$ -$ (1,512,000)$ -$ ES Trail / NS Trail (Lighting & Cameras) 2,666,000$ (2,666,000)$ -$ -$ WST North Extension (Design) 1,250,000$ -$ (750,000)$ 500,000$ NW Corridor Alternatives Analysis 1,000,000$ -$ (1,000,000)$ -$ 1385 RDA Trailhead (Design, Construction) 1,105,000$ -$ (1,000,000)$ 105,000$

Other Projects (SIP Update, Signage & Wayfinding, Trail Counter, Brownfield Assessment/Cleanup, etc.) 2,711,500$ (617,500)$ (1,482,750)$ 611,250$

Total 41,602,500$ (17,169,500)$ (17,836,750)$ 6,596,250$


Southside Trail

• Design of a 4-mile trail between Glenwood Avenue and University Avenue

• The $8.2M design, which is largely being funded using federal funds, is expected to take 18 months to complete

• The Trail is the longest trail designed by ABI to date

• The Trail will connect the Eastside Trail and Westside Trail, resulting in an 11-mile contiguous trail when completed (assuming Bill Kennedy Way is addressed)

• The Trail will serve Ormewood Park, Grant Park, Chosewood Park, Peoplestown, South Atlanta, Pittsburgh, High Point, Villages at Carver, Capitol View Manor and Capitol View neighborhoods

• Trail will include lighting and security cameras at entry points


Southside TrailDesign 3,480,000$ Construction 8,750,000$ GDOT / ARC (2,784,000)$ ABLP (1,750,000)$ Bond Proceeds (7,696,000)$

Total - Net to TAD -$


Bill Kennedy Way

• Design of a 0.5-mile of in-street running trail from Memorial Drive to Glenwood Ave and a new pedestrian bridge across I-20, which will provide the critical link between the Eastside Trail and the Southside Trail

• With the Eastside Extension opening this year, having a plan to provide the linkage between the Eastside Trail and the Southside will be critical for public safety

• This trail is complicated by a narrow commercial corridor and the need for a new above grade crossing of I-20


Bill Kennedy WayDesign 2,000,000$ GDOT / ARC -$ Bond Proceeds (2,000,000)$



Northeast Trail

• Design of a 3.9-mile trail between Monroe Drive and the Lindbergh MARTA Station

• The $9M design, which is partially being funded by federal funds, is expected to take 24-30 months to complete

• The Trail will extend the existing in-Corridor trail network over Clear Creek, Peachtree Creek and an active CSX freight line, resulting in a 15-mile contiguous trail when completed

• The Trail will consider connections to the PATH 400 Trail as well as the North and South Fork trails

• The Trail will serve Morningside/Lenox Park, Ansley Park, Piedmont Heights, Sherwood Forest, Armour-Ottley, and Peachtree Hills neighborhoods

• Trail will include lighting and security cameras at entry points


Northeast TrailDesign, Construction 10,740,000$ FHWA (via GDOT / ARC) (2,464,000)$ Bond Proceeds (2,396,000)$ ABP (500,000)$

Total - Net to TAD 5,380,000$


Boulevard Crossing Park

• Expansion of the existing temporary playing fields to create the full 25+ acre park

• Revisit the park master plan to better account for a larger park footprint, topographic opportunities, and to better coordinate with AHA and other adjacent property owners


Boulevard Crossing ParkDesign 1,512,000$

Bond Proceeds (1,512,000)$



Enota Park

• Expansion of an existing pocket park located on Enota Place

• Anticipated to be the first fully developed Atlanta BeltLine Park along the Westside Trail

• Situated on the Westside Trail between I-20 and Lucile Avenue

• Expanded park will be nearly 8 acres and include restored forest habitats, protection of one of Proctor Creek headwaters, as well as both active and passive park uses


Enota ParkConstruction 6,388,000$ ABLP (6,088,000)$ National Park Service (300,000)$ Bond Proceeds -$



Westside Trail Extension (North)

• Design of a 1.3-mile trail between Washington Park through the Kudzu Line

• The previous $31M construction project, which was largely funded using an $18M TIGER grant and philanthropic donations, began in 2015 and reached substantial completion in 2017

• The WST Extension Trail will serve Adair Park, West End, Oakland City, Westview, Ashview Heights, Mozely Park, and Just Us neighborhoods

• The Trail will connect 4 parks and improve access to 4 schools

• The Trail includes 14 access points as well as trail lighting and security cameras at entry points


Westside Trail Extension (North)Design 1,250,000$

-$ -$

Bond Proceeds (750,000)$

Total - Net to TAD 500,000$


// ABI Budget Transit &

TransportationFiscal Year 2020 //

May 8, 2019


// ABI Budget –Transit and Transportation


Downtown Streetcar East Ext [A-Line] (Design) 1,502,000$ (1,381,840)$ -$ 120,160$ Ponce de Leon Streetscape 2,628,000$ (2,365,200)$ (262,800)$ -$ NW Corridor Feasibility Analysis 450,000$ -$ (450,000)$ -$ Renew Atlanta Bond Projects: RDA, University 1,930,000$ (1,930,000)$ -$ -$

Other (NEPA, Streetscape Program Analysis) 202,500$ (98,250)$ (104,250)$ -$

-$ -$ -$ -$

Total 6,712,500$ (5,775,290)$ (817,050)$ 120,160$


// ABI Budget –Transportation

A-Line, East Extension Engineering Design• Advance the level of engineering design based on

additional utility and geotechnical information

Downtown Streetcar - East ExtEngineering Design 1,502,000$ ARC / FHWA (1,201,600)$ Eastside TAD (180,240)$

Total - Net to TAD 120,160$



Ponce de Leon Streetscape• Complete-street upgrade (bicycles/pedestrians)

• Boulevard/Monroe Drive to Freedom Parkway

• FY 2019 Activities

o Complete Design

o Complete Right-of-Way Acquisition

• In partnership with GDOT/Jamestown Properties

• Construction FY 2020 - 2021

Ponce de Leon StreetscapeConstruction 2,628,000$ ARC / FHWA / LCI (2,102,400)$ REBA Grant (262,800)$ 2016 Bonds (262,800)$




Northwest Corridor Feasibility Analysis • Determination of alignments

• Conceptual Engineering of corridors

• Documentation

NW Corridor Feasibility AnalysisNW Feasibility Analysis 450,000$

2016 Bonds (450,000)$




Ralph David Abernathy Blvd• Renew Atlanta Complete Street Conversion Project

between Cascade Avenue to MLK Jr. Drive• Design complete in Spring 2019• Construction complete in Spring 2020

Avon Avenue/University Avenue Scoping Study• Compile a GDOT Concept Report for a complete

street conversion, from Murphy Avenue to Hank Aaron Drive

• Finalize Design Concept Report FY19, determine Construction readiness FY19-20

Complete Street ProjectsRalph David Abernathy Blvd 1,030,000$ University Avenue 700,000$ Renew Atlanta Bonds (1,730,000)$




Transit Clearance Program, “NEPA 1”• Prepare conceptual engineering plans

• Obtain environmental clearance for:

o Atlanta BeltLine West (Green, West)

o Under FTA review

o Crosstown Midtown (Orange)

o Under FTA review

o Atlanta BeltLine East (Green, East)

o Crosstown Downtown (Purple)

Key Issues• Minimize and/or mitigate environmental impacts

• Determine transit alignments at Hulsey Yard

• Determine MARTA connection locations


// ABI Budget Community Planning & Engagement,

Communications & Media Relations,

Government Affairs



// ABI Budget – Community Planning & Engagement


BAHAB Reimbursements 2,000$ -$ -$ 2,000$ TADAC Reimbursements 2,000$ -$ -$ 2,000$ Meeting Facilities / Printing / Signage 32,615$ -$ -$ 32,615$ Planning Consultant: DRC Standards 150,000$ -$ -$ 150,000$ 5-year Updates to SubArea Master Plans 355,000$ -$ -$ 355,000$ Neighborhood Meet & Greet -$ -$ -$ -$ BeltLine University 20,000$ -$ -$ 20,000$ Consultant: Our BeltLine, AoB 35,000$ -$ -$ 35,000$ Other (DRC, Tours, Mailchimp, etc.) 4,970$ -$ -$ 4,970$ Arts & Culture 398,800$ (230,500)$ -$ 168,300$ Total 1,000,385$ (230,500)$ -$ 769,885$


// ABI Budget – Communications & Media Relations


Newsletter Printing/Design/Distribution 12,000$ -$ -$ 12,000$ Photography (events, proj development, etc.) 30,000$ -$ -$ 30,000$ Video (events, proj dev, grand openings, etc.) 56,244$ -$ -$ 56,244$ Advertising (Art on the Beltline, Specific Dev) 21,880$ -$ -$ 21,880$ Annual Report, Collateral Design/Printing 35,700$ -$ -$ 35,700$ Website Hosting & Support 57,044$ -$ -$ 57,044$ Social Studio / Graphic Design Consultant 18,000$ -$ -$ 18,000$ e News - weekly (email): Mailchimp 4,500$ -$ -$ 4,500$ SalesForce 14,340$ -$ -$ 14,340$ Special Events, Tours 12,400$ -$ -$ 12,400$ Total 262,108$ -$ -$ 262,108$


// ABI Budget – Government Affairs


Federal/State/Local Lobbyist 144,000$ -$ -$ 144,000$

Tours (Elected Officials) 6,000$ -$ -$ 6,000$

Total 150,000$ -$ -$ 150,000$


// ABI Budget Affordable Housing,

Economic Development



// ABI Budget – Affordable Housing


Sources:FY19 Carryover (projected) 1,389,000$ -$ -$ 1,389,000$

FY19 Revenue Calculation Carryover (projected) 7,896,250$ -$ -$ 7,896,250$

FY20: > 20% of Net Avail TAD Increment or $1M 2,673,680$ -$ -$ 2,673,680$

Total (Sources) 11,958,930$ -$ -$ 11,958,930$

Uses:

Predevelopment & Land Acquisition 9,183,530$ -$ -$ 9,183,530$

Affordable Housing Incentives 2,000,000$ -$ -$ 2,000,000$

Chosewood Park Planning / AHA Coordination 300,000$ -$ -$ 300,000$

Live Along the BeltLine Websites, Tours 3,500$ -$ -$ 3,500$

Housing Services: Implementation, Broker, Financial Modeling 157,500$ -$ -$ 157,500$

Interest: Line of Credit 314,400$ -$ -$ 314,400$

Total (Uses) 11,958,930$ -$ -$ 11,958,930$


// ABI Budget – Economic Development


Corridor Activation & Monetization (Container) 50,000$ -$ -$ 50,000$ Strategic Commercial Node Planning (Boone, SST, Murphy, RDA) 50,000$ -$ -$ 50,000$ Workforce Development 100,000$ -$ -$ 100,000$ Commercial Vending Feasibility Planning (Phase I) 36,000$ -$ -$ 36,000$ Commercial District Way-Finding 25,000$ -$ -$ 25,000$ E-Way Finding and Handicap Accessibility 25,000$ -$ -$ 25,000$ Economic Messaging 25,000$ -$ -$ 25,000$ Murphy Crossing: Site Activation/Overlay 50,000$ -$ (50,000)$ -$ Conduit Maintenance 75,000$ -$ -$ 75,000$ Property Acquisition & Operations 1,825,000$ -$ (1,825,000)$ -$ Corridor Revitalization, Façade Improvement 200,000$ -$ (200,000)$ -$ Incentive Matching (New Business Attraction) -$ -$ -$ -$ Other (Existing Conditions Update, Business 29,000$ -$ -$ 29,000$

Outreach, Statistics Dashboard, Tours)Total 2,490,000$ -$ (2,075,000)$ 415,000$


// ABI Budget Legal,

Finance, Operations



// ABI Budget – Legal

EXPENSES REVENUES PROCEEDS BUDGET

Outside Legal Services 375,000$ -$ 375,000$ Title, Survey & Other RE Related Expenses 36,000$ -$ 36,000$ RFP / RFQ Ads 9,600$ -$ 9,600$ SID 90,000$ -$ 90,000$ SST, Opportunistic RE Acq: ROW, Titles, Appraisals 61,500$ -$ (31,500)$ 30,000$ Licensing / Branding 77,500$ (17,500)$ -$ 60,000$ Compliance Hotline 4,000$ -$ -$ 4,000$

Total 653,600$ (17,500)$ (31,500)$ 604,600$


// ABI Budget – Equity & Inclusion


Equity & Inclusion Framework Expansion 60,000$ -$ -$ 60,000$

Total 60,000$ -$ -$ 60,000$


// ABI Budget – Finance


Furniture & Fixtures 56,400$ -$ -$ 56,400$

Computer Equipment, Software, Phone System 191,555$ -$ -$ 191,555$

Total 247,955$ -$ -$ 247,955$


// ABI Budget – Operations


ABI Contingency / Strategic Initiatives 378,000$ -$ -$ 378,000$

Total 378,000$ -$ -$ 378,000$


// Question / AnswerBudget Briefing


Atlanta BeltLine Budget Briefing · 8 Invest Atlanta - Westside TAD Grant 42,750 $ 107,720 $ (64,970) 9 Invest Atlanta - REBA Grant 462,800 $ 665,300 $ (202,500) ... 11 Affordable

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