RIVERCENTER BUDGET Q&A
RiverCenter’s office is at 20 Broad Street.
Last week, Red Bank RiverCenter executive director Nancy Adams presented the business-promotion organization’s budget to the borough council. The spending plan, totalling $624,052, is 3.3 percent larger than the 2007 version.
(Alas, RiverCenter doesn’t present its budget with comparative figures from the prior year. So here’s the budget from 2007 Download RiverCenter2007budget.jpg, and here’s the 2008 spending plan Download RiverCenter2008budget.jpg.)
Via email, redbankgreen interviewed Adams about the budget last week. Here’s the exchange:
Your budget for administrative costs this year is up $23,810, or 11 percent, to $232,580. What’s driving that?
A change in staffing. Our Director of Operations has gone to part-time, with appropriate salary cut, and we hired a Program Manager to take over event planning and management, and work with me on marketing, a full time position. Thus the increase.
Does any of that reflect a bump in the executive director’s salary?
LOL, always looking for controversy
No, it does not.