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CERTIFIED DEVELOPMENT CO,~LYY <br /> REVENUES AND EXPENDITURES <br /> <br /> 1981-1982 1982-1983 !983-1984 <br /> REVENUE <br /> Financial Institutions $ 4,200 $11,9292 $16,3422 <br /> Fees 15,000 ~5,000 <br /> HUD 12,857 <br /> COG rMatch) 6,428 <br /> $23,485 ~26,929 $41,342 <br /> <br />EXPENDITURES <br /> Salaries (43-50-75%) $ 9,982 $12,644 $20,104 <br /> Fringe (15%) 1,497 1,897 3,016 <br /> Indirect (68%) 7,806 9,888 15,722 <br /> Travel <br /> Training 2,8801 500 500 <br /> Other 320 500 500 <br /> Pro£essional Fees <br /> Legal 1,000 1,000 1,000 <br /> Audit 500 500 <br /> $23,485 $26,929 $41,342 <br /> <br />!. Travel - Training Course - four one week sessions <br /> Transportation $120 <br /> Hotel 250 <br /> Meals 100 <br /> Tuition 250 <br /> $720 <br /> 4 <br /> $2,880 <br /> <br />2. The CDC is allowed to charge 1%% service fee 'for developing the loan. In <br /> order to generate $15,000 in revenue the CDC would have to loan $1,000,000. <br /> Revenue of $25,000 would require $1,700,000 in loans. <br /> <br /> <br />