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Redwood City Improvement Association <br />Statement of Functional Expenses <br />Year Ended November 30, 2024 <br />With Comparative Totals for the Year Ended November 30, 2023 <br />2023 <br />Program <br />Services <br />Management <br />and General Total Total <br />Administration and Corporate Operations <br />Management and oversight -$ 205,175$ 205,175$ 155,202$ <br />Insurance - 5,476 5,476 4 <br />Office expenses 2,162 - 2,162 2,066 <br />Contingency, City and County Fees <br />Legal fees 6,982 - 6,982 53,234 <br />District Identity and Signage <br />Advertising 202,145 - 202,145 249,631 <br />Parking Management 1,814 - 1,814 43,517 <br />Sidewalk Operations and Beautification <br />Maintenance fee 28,558 - 28,558 26,441 <br />Projection mapping 396,879 - 396,879 367,454 <br />Outside services 54,004 - 54,004 50,000 <br />Depreciation 5,389 - 5,389 11,152 <br /> Total expenses 697,933$ 210,651$ 908,584$ 958,701$ <br />2024 <br />The accompanying notes are an integral part of these financial statements <br />4 <br />8.A. - Page 26 of 33 <br />38