HomeMy WebLinkAboutR2003-013RESOLUTION NO. ~;~/~)J~-- ~)/~
A RESOLUTION OF THE CITY OF DENTON, TEXAS, APPROVING THE CONVENTION
AND VISITOR BUREAU PROGRAM YEAR 2003 REVISED BUDGET; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the 2003 Revised Budget of the Convention & Visitor Bureau was
submitted to the City of Denton Hotel Occupancy Tax Committee on June 9, 2003 which
recommended, after review, that the Budget be forwarded to the City Council for approval; and
WHEREAS, the City Council deems it in the public interest to approve the Convention &
Visitors Bureau Program Year 2003 Revised Budget; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY RESOLVES:
SECTION 1. That the City Council approves the 2003 Convention & Visitors Bureau
Program Year 2003 Revised Budget.
SECTION 2. That this resolution shall become effective immediately upon its passage
and approval.
PASSED AND APPROVED this the /~'-~ day of (/~-' ,2003.
EULINE BROCK, MAYOR
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
APPROVED AS TO LEGAL FORM:
HERBERT L. PROUTY, CITY ATTORNEY
BY:
REVENUE:
City of Denton
Interest
Billboard
Carry-Forward
TOTAL REVENUE:
EXPENSES:
ADVERTISING
Print Advertising
Convention Advertising
Tourism Promotion Material
Brochures
Travel Shows
Tourism Services
Marquee Billboard
DFW Reg Film Commission
Special Projects
ADMINISTRATION
Administrative Salaries
VP Retirement
Accounting Salary
Car Allowance
Payroll Taxes
Health Insurance
Liability Insurance
Annual Audit
Travel and Training
Computer Equipment
Copy Machine
Warehouse Storage
Desktop Copier Lease
Office Supplies
Telephone
Memberships
Printing
Postage
Office Rent
Bid Solicitation / Travel
Denton Chamber of Commerce
Convention and Yisitor Bureau
Current 3 Year Recipient (PY 2002 - 2004)
2003 FINAL Revised Budget
305,584.00 $ 305,584.00
551.00 $ 551.00
26,603.7~ (1)
306,135.00 $ 332,738.75
Requested Amount Revised Amount
46,348.00 $ 46,951.75 (2)
5,300.00 $ 5,300.00
5,300.00 $ 11,739.00 *
17,060.00 $ 17,060.00
850.00 $ 850.00
18,700.00 $ 12,700.00 *
14,328.00 $ 10,230.00 *
3,300.00 $ *
1,000.00 $ 2,000.00 *
112,186.00 $ 106,831
79,200.00 $ 95,760.00 *
2,001.00 $ 2,032.00 *
4,900.00 $ 4,900.00
4,500.00 $ 5,500.00 *
8,000.00 $ 12,000.00 *
5,550.00 $ 9,070.00 *
400.00 $ 400.00
1,200.00 $ 1,200.00
2,250.00 $ 2,500.00 *
850.00 $ 850.00
220.00 $ 220.00
625.00 $ 672.00 *
750.00 $ 750.00
1,200.00 $ 1,200.00
6,200.00 $ 6,200.00
1,850.00 $ 1,850.00
1,128.00 $ 1,128.00
3,500.00 $ 3,500.00
14,055.00 $ 14,055.00
300.00 $ 300.00
138,679.00 $ 164,087.00
2-BU -CVB Budget,xls
SPORTS ADVERTISING
Convention & Trade Shows
Printing
Sports Video
9,235.00 $ 9,235.00
1,500.00 $ 1,500.00
10,735.00
SPORTS ADMINISTRATION
Sales Manager
Health Insurance
Payroll Taxes
Sales Mgr. Car Allowance
Postage
Travel & Training
Memberships
TOTAL EXPENSES:
10,735.00
32,000.00 $ 38,000.00 *
3,520.00 $ 3,520.00
3,000.00 $ 3,000.00
1,800.00 $ 1,800.00
500.00 $ 500.00
2,965.00 $ 2,965.00
750.00 $ 750.00
44,535,00
305,584.00
50,535.00
332,187.75
DIFFERENCE BETWEEN INCOME AND EXPENSE
Interest Income)
551.00 $ 551.00
Reflects all line items that were adjusted.
1) Amount reflects the full carry-forward from PY 2002.
2) Amount reflects the $603.75 not accounted for in the CVB's revised budget.
2-BU -CVS Budget.xls