Economic Development Area of Expertise
Budget vs. Actual
		Actual July 1, 2004 - December 28, 2004		2004/2005 Annual Budget		Remaining Annual Balance
Income
	Current Balance Carried Over	7,803.06		7,803.06
	Director's Office Year Allocation	470.00		470.00		0.00
	Competitive Program Grant	2,840.00		2,840.00		0.00
Total Income		11,113.06		11,113.06		0.00
Expenses
	Workplan Items:
	Business Retention/Expansion Program-P1	0.00		1,400.00		1,400.00
	Site Selection/Community Prep-P2	0.00		500.00		500.00
	Guidebook on Entrep Programs-P3	0.00		0.00		0.00
	Seed Money for Seminars/Train-P3	0.00		2,000.00		2,000.00
	Link with State and Fed Partners-P3	0.00		500.00		500.00
	E-Commerce WS-P3	0.00		0.00		0.00
	Econ Dev Program Enhance Visit-P4	324.93		2,840.00		2,515.07
	Small Town Success Research/WS	657.37		600.00		-57.37
Total Workplan Items		982.30		7,840.00		6,857.70
	Operation Items:
	1/2 MEDA Membership for Core Members
	by Reimbursement ($100/person)	0.00		1,000.00		1,000.00
	1/2 Registration of MEDA or Other ED					0.00
	Inservices for Core Members	0.00		1,000.00		1,000.00
	Website Development - Ionia County EDC	250.00		250.00		0.00
	Meeting Expenses - Lunch 7/21/04 at Union	43.21		1,000.00		956.79
	Freight/Shippiing from University Store - Sept	43.33		?
Total Operation Items		336.54		3,250.00		2,956.79
Total Expenses		1,318.84		11,090.00		9,814.49
Net Income		9,794.22		23.06		-9,814.49