HRTAC PROPOSED DRAFT BUDGET - Hampton Roads Finance... · 2014-08-19 · 5 Proposed Budget: HRTAC...
Transcript of HRTAC PROPOSED DRAFT BUDGET - Hampton Roads Finance... · 2014-08-19 · 5 Proposed Budget: HRTAC...
HRTAC
PROPOSED DRAFT BUDGET
HRTAC Finance Committee
August 19, 2014
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HRTAC Board of Directors
HRTPO Board of Directors
HRPDC Board of Directors
Executive Director (Vacant)
Proposed Governance Structure
HRTPO
Deputy Executive
Director Dr. Camelia Ravanbakht
HRTAC
Deputy Executive
Director (Vacant)
HRPDC
Deputy Executive
Director Randy Keaton
HRPDC Staff HRTPO Staff HRTAC Staff
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HRTAC Board of Directors
HRPDC/TPO/TAC
Executive Director
Deputy Executive
Director
Executive Assistant Chief Financial
Officer
Financial Analyst
HRTAC Staff
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Proposed HRTAC Operating Budget
EXPENDITURES PROPOSED
Personnel:
HRTPO Support Staff (Detailed on Slide 6) $72,431
HRTAC Staff (Detailed on Slide 5) $584,900
Subtotal Personnel $657,331
Professional Services:
Audit Services $40,000
Bank Fees $3,500
Legal $140,000
Financial advisors $200,000
Insurance/Bonding $15,000
Executive Director Search Consultant (1/3 total expenditure) $8,500
Deputy Executive Director Search Consultant $25,000
Subtotal Professional Services $432,000
Technology/Communication
Computer hardware and peripherals/maintenance $10,000
Website Consultant (Development & Hosting) $10,000
Subtotal Technology/Communication $20,000
Administrative Expenses
Public Notices/Advertising $12,000
Office Space TBD
Office Supplies $2,000
Furniture $10,000
Printing $10,000
Dues/subscriptions $2,000
Travel $8,000
Meeting expenses $3,500
Postage/delivery $1,000
Professional development $3,000
Subtotal Administrative Expenses $51,500
Total Operating Budget $1,160,831
FY 2015
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Proposed Budget: HRTAC Staff
Salary (Mid-Range) 1 $66,000
Range: $156,000 - $240,000 Benefits @ 33% 1 $7,260
Cell Phone 1 $320
Car Allowance 1 $2,400
Other 1 TBD
Deputy Executive Director Salary (Mid-Range) $135,000
Range: $108,000 - $162,000 Benefits @ 33% $44,550
Cell Phone 2 $800
Car Allowance 2 $6,000
Chief Financial Officer Salary (Mid-Range) $122,950
Range: $98,360 - $147,539 Benefits @ 33% $40,573
Cell Phone $800
Financial Analyst Salary (Mid-Range) $71,670
Range: $57,340 - $86,000 Benefits @ 33% $23,651
Other $0
Executive Assistant Salary (Mid-Range) $47,313
Range: $38,625 - $56,000 Benefits @ 33% $15,613
Other $0
Total HRTAC Staff Cost $584,900
1 HRTAC portion of Executive Director salary & benefits = 1/3 of total salary & benefits for this position.
The HRTPO and HRPDC pay the other 2/3 of the Executive Director salary & benefits.2 Currently, the Deputy Executive Directors of HRTPO and HRPDC do not receive car or cell phone
allowances, but many of their equivalents in member jurisdictions receive these benefits.
Executive Director (HRTPO/PDC/TAC)
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Proposed Budget: HRTPO Staff Support
HRTPO Deputy Executive Director $18,950
Accountant $17,571
Public Involvement & Title VI Administrator $5,694
Senior Administrative Assistant $3,929
Assistant General Services Manager $3,809
Chief Financial Officer $3,394
Principal Transportation Engineer $3,374
Human Resources Administrator $2,933
General Services Manager $2,873
Web & Graphics Designer $2,387
Senior Transportation Planner $2,355
Senior Accounting Manager $2,080
IT Manager $2,038
Receptionist $1,044
Total HRTPO Support Staff Cost $72,431
HRTAC
PROPOSED DRAFT BUDGET
HRTAC Finance Committee
August 19, 2014