HomeMy WebLinkAbout2025 Fishers Island Ferry District
2025 Budget
Budget 2025
(CAM)
Income
Property Revenue
1001000• Property Tax Revenue 1,448,167
2410.10• Property Rental Income 135,000
2089000•Theater Management Revenue 1,000
1770000• Elizabeth Airport Landings 33,000
Total Property Revenue 1,617,167
Ferry Operations
1760100 Freight 510,000
1760200 Car&Traffic 2,822,000
1760300 UPS(FI) O
1760400 Touch Fees 20,000
1760500 Silver Eel O
1765000 Charters 12,000
Total Ferry Operations 3,364,000
Other Revenues
4097000• Federal Grant Revenue 2,800,000
309700• NY State Grant Revenue 100,000
2770200 Unclassified Revenue 1,400
1789000 USPS Contract Revenue 30,300
2401000 Interest Income 1,000
Total Other Revenues 2,932,700
Total Income 7,913,867
Gross Profit 7,913,867
Expense
Airport Expense
SM1910.4.000.200 Airport Ins 5,700
SM5610.2.000.000 Airport CapEx 2,280,000
SM5610.4.000.000 Contracted Exp 18,000
Total Airport Expense 2,303,700
Repairs-Docks&Buildings
SM5709.2.000.300 Docks SE O
SM5709.2.000.100 Rental Bldgs 20,000
SM5709.2.000.20ODocks&Terminal 175,000
SM7155.4.000.000 FI Theater 2,000
Total Repairs-Docks&Buildings 197,000
Ferry Repairs&Maintenance
SM5710.4.000.550 Oth/Mist SE O
SM5710.4.000.505 Utilities-SE O
SM5710.4.000.350 Fuel SE O
SM5710.4.000.300 Fuel Oil 390,000
SM5710.2.000.300 Repairs-SE 5,000
SM5710.2.000.000 Repairs-All 75,000
SM5710.2.000.100 Repairs-Munn 100,000
SM5710.2.000.200 Repairs-RP 615,000
Total Ferry Repairs&Maintenance 1,185,000
Payroll Expense
COVID Pay
SM5710.1.000.000 Salaries&Wages 2,023,350
Total SM5710.1.000.00OPayroll Expense 2,023,350
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Fishers Island Ferry District
2025 Budget
Budget 2025
(CAM)
Payroll Overhead
SM1910.4.000.300 Workers'Comp 25,000
SM 1980.4.000.000 MTA Tax 8,000
SM5710.1.000.300 Vacation Earn 8,000
SM9010.8.000.000 NY Retirement 188,000
SM9030.8.000.00OSocialSecurity 145,000
SM9060.8.000.000 Medical Ins 350,000
Total Payroll Overhead 724,000
General&Admin Expense
SM.5710.4.000.990 Bad Debt 1,250
SM5710.4.000.910 CC Fees SE O
SM 1910.4.000.100 Insurance 175,000
SM1420.4.000.000 Legal Fees 50,000
SM1310.4.000.000 Acctg/Finance 35,000
SM5711.4.000.000 Office Expense 9,900
SM5710.4.000.900 Bank&CC Fees 99,000
SM5710.4.000.000 Misc.Expense 12,517
SM5710.4.000.100 Utilities-NIL 50,000
SM5710.4.000.200 Utilities-FI 15,000
SM5710.4.000.400 Printing 2,500
SM5710.4.000.500 Computer/IT Op 125,000
SM5710.4.000.600 Janitorial Sup 5,400
SM5710.4.000.625 Terminal Suppl 69,000
SM5710.4.000.700 UPS Freight 2,500
SM5710.4.000.800 Uniforms 10,550
SM5710.4.000.950 Training/Ed 4,500
Total General&Admin Expense 667,117
Other Expense
SM1930.4.000.000 Ins Claims 10,000
SM 1950.4.000.000 Property Taxes 115,000
SM5710.4.400.100 Marine Engineering 150,000
SM5712.4.000.00OCommissionerFee 6,700
SM5713.4.000.000 US Mail 12,000
Total Other Expense 293,700
Total Expense 7,393,867
Net Ordinary Income 520,000
Other Income/Expense
Transfers to Other Funds
Due from General Fund(8067)
Interest Expense
SM9710.7.000.000 Bond Interest
SM9730.7.000.000 BAN Interest 70,000
Total Interest Expense 70,000
Principal-Bond,BAN,RAN
SM9710.6.000.000 Bond Principal
SM9730.6.000.000 BAN Principal 450,000
Total Principal-Bond,BAN,RAN 450,000
Total Other Expense 520,000
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Fishers Island Ferry District
2025 Budget
Budget 2025
(CAM)
Net Other Income/Expense (5 20,oa':)a))
Net Income 0
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