Budget Report for Roosevelt Island Operating Corporation Run Date: 04/09/2010

Fiscal Year Ending 03/31/2011 Status: CERTIFIED

Budget & Financial Plan: Budgeted Revenues, Expenditures, And Changes In Current Net Assets
Last Year Current Year Next Year Proposed Proposed Proposed
(Actual) (Estimated) (Adopted)
2009 2010 2011 2012 2013 2014
REVENUE & FINANCIAL SOURCES
Operating Revenues
Charges for services $7,562,010 $7,399,975 $6,442,362 $8,303,216 $8,490,903 $8,683,295
Rentals & Financing Income $10,784,689 $14,357,774 $11,532,307 $11,740,817 $12,484,007 $13,371,107
Other Operating Revenues $863,801 $522,580 $594,654 $616,894 $640,032 $664,109
Nonoperating Revenues
Investment earnings $764,981 $311,000 $455,875 $481,000 $461,000 $526,250
State subsidies / grants $0 $0 $0 $0 $0 $0
Federal subsidies / grants $0 $0 $0 $0 $0 $0
Municipal subsidies / grants $0 $0 $0 $0 $0 $0
Public authority subsidies $0 $0 $0 $0 $0 $0
Other Non-Operating Revenues $0 $0 $0 $0 $0 $0
Proceeds from the issuance of debt $0 $0 $0 $0 $0 $0
Total Revenues & Financing Sources $19,975,481 $22,591,329 $19,025,198 $21,141,927 $22,075,942 $23,244,761
EXPENDITURES
Operating Expenditures
Salaries and Wages $6,496,568 $6,460,632 $6,812,299 $7,118,852 $7,439,201 $7,773,965
Other Employee Benefits $2,641,187 $2,648,852 $2,967,858 $3,101,411 $3,240,975 $3,386,819
Professional Services Contracts $665,015 $564,400 $714,000 $742,560 $772,262 $803,153
Supplies and Materials $652,206 $426,500 $551,165 $573,212 $596,140 $619,986
Other Operating Expenditures $9,382,184 $9,429,200 $8,921,398 $9,289,255 $9,671,825 $10,069,698
Nonoperating Expenditures
Payment of principal on bonds and financing $0 $0 $0 $0 $0 $0
arrangements
Interest and other financing charges $0 $0 $0 $0 $0 $0
Subsidies to other public authorities $0 $0 $0 $0 $0 $0
Capital asset outlay $13,334,735 $20,559,000 $34,884,000 $8,923,500 $4,553,675 $6,295,259
Grants and Donations $279,326 $275,000 $275,000 $275,000 $275,000 $275,000
Other Non-Operating Expenditures $0 $0 $0 $0 $0 $0
Total Expenditures $33,451,221 $40,363,584 $55,125,720 $30,023,790 $26,549,078 $29,223,880
Capital Contributions $13,334,735 $20,559,000 $34,884,000 $8,923,500 $4,553,675 $6,295,259
Excess (deficiency) of revenues and capital ($141,005) $2,786,745 ($1,216,522) $41,637 $80,539 $316,140
contributions over expenditures

The authority's budget, as presented to the Board of Directors, is posted on the www.rioc.com
following website:

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Budget Report for Roosevelt Island Operating Corporation Run Date: 04/09/2010
Fiscal Year Ending 03/31/2011 Status: CERTIFIED

Additional Comments:

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