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HomeMy WebLinkAbout023079 ORD - 09/23/1997AN ORDINANCE APPROVING THE FISCAL YEAR 1997/98 BUDGET FOR THE GREATER CORPUS CHRISTI BUSINESS ALLIANCE WHEREAS, in Ordinance No. 022019, on August 16, 1994, the City Council of the City of Corpus Christi approved a Consulting Services Agreement ("the Agreement") with the Corpus Christi Bay Area Business Alliance (now the Greater Corpus Christi Business Alliance) ("the Alliance), in which the City agreed to pay for convention and visitor services from hotel occupancy tax revenues; and WHEREAS, the Agreement establishes a formula for payment to the Alliance based on growth of hotel tax receipts, and requires the Alliance to submit an annual budget to the City for City approval; and WHEREAS,on March 27, 1997, the Alliance through its President and CEO submitted to the City's Budget Director a request for funding in the upcoming fiscal year in accordance with the agreed formula, and attached the Alliance's Fiscal Year 1996/1997 Finance and Operating Budget; and WHEREAS, the City Council on July 22, 1997, in the City's annual budget ordinance approved the amount of funding requested by the Alliance in accordance with the Agreement; and WHEREAS, the Alliance Board of Directors has now approved the Alliance's budget for Fiscal Year 1997/98; and WHEREAS, the City Council has considered said budget.. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, THAT: SECTION 1. The budget for the Greater Corpus Christi Business Alliance for Fiscal Year 1997/98, a true copy of which is attached hereto as Exhibit A and incorporated herein, is hereby approved. SECTION 2. If for any reason any section, paragraph, subdivision, clause, phrase, word or provision of this ordinance shall be held invalid or unconstitutional by final judgment of a court of competent jurisdiction, it shall not affect any other section, paragraph, subdivision, clause, phrase, word or provision of this ordinance for it is the definite intent of this City Council that every section, paragraph, subdivision, clause. phrase, word or provision hereof be given full force and effect for its purpose. nIUiUjLia, 2 That the foregoi g ordinance was read for the first time and passed to its second reading on this the MI of di z,} , 19 47 , by the following vote: Loyd Neal Jaime Capelo Melody Cooper Alex L. Garcia, Jr. Arnold Gonzales Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols Thateforegoing ordinance was read for the second time and passed finally on this the4'&?Iday of fir tilt , 19 , by the following vote: Loyd Neal Jaime Capelo Melody Cooper Alex L. Garcia, Jr. Arnold Gonzales Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols PASSED AND APPROVED, this th clday of , x embGh ; 1997. ATTEST: /r AI Armando Chapa, Cit 'Secretary MAYOR THE CITY OF CORPUS CHRISTI APPROVED THIS 7TH DAY OF AUGUST, 1997: JAMES R. BRAY, JR., CITY ATTORNEY By: 4(A -447)L >4 Alison Gallaway, (Assistant Cityaaa Attor y Greater CC Business Alliance NA591 Custom " 925 Detailed Budget Comparison -CVD Combined Date Printed 5/91 Conven 6 Tourism Services: Depts 112/116 Page 4: 1 For Fiscal Tears Ending 17/97 6 17/98 --Comparison of Annual Budgets FT96-97 FT97-98 let Budget Budget Change IEVEIUE HOTEL/IOTEL 1111(1IN6 FEES 1,894,566 1,961,111 65,434 COOPERATIVE PROMOTION 55,511 115,821 51,321 BULLETIN BOARD SERVICE 311 (311) MISCELLAIEDUS INCOME 15,111 (15,111) INTEREST FARMED 18,111 16,211 (1,811) TOTAL REVENUE 1,984,166 2,182,121 97,854 SALARIES 6 IELATED EXPENSES SALARIES 599,816 589,314 (11,562) FICA COITIIIUTIAIS 52,621 45,183 (7,537) UNEMPLOYIENT CONTRIBUTIOIS 3,372 4,133 761 INSUIINCE/PERSONNEL BENEFITS 36,176 45,481 8,611 PENSION COITRIBUTIONS 45,154 39,738 (5,316) TOTAL SALARIES 6 RELATED EXP5. 737,198 123,755 (14,143) OPERATING EXPENSES ACCT6/LEGAL/PROF 31,111 7,644 (22,356) ADVERTISING 562,113 611,111 37,997 8A86 CNIIIES 312 (312) BOARD OF DIRECTORS 4,111 3,334 (666) CAPITAL EQUIPIENT 1,725 (1,725) CONNUIITY RELATIONS 8,495 5,111 (3,495) COMPUTER/SUPPLIES/NIINT. 14,829 1,191 (12,939) COLLATEIAL PRINTII6 77,151 82,111 4,851 COPYI16/PIIITIN6 26,274 21,111 726 DUES/SUBSCRIPTIONS 15,933 15,111 (933) EQUIP LEASE/IEITAL 15,651 11,189 (4,561) EQUIP REPAIR/MAIIT. 11,486 9,156 (2,431) EVENT HOSTING LOCAL 72,945 17,187 (55,858) FAN/SITE INSPECTION 19,171 21,111 831 6UIRANTOR EXP1-LAS CAIA8ELA5 131,963 131,963 FESTIVALS 31,111 31,111 INSUIINCE GENERAL 9,111 9,231 (651) MARKETING CONTIISENCT 5,111 14,441 9,441 MARKETING RESEARCH FEE 11,111 (11,111) MISCELLAIEDUS EXPENSES 4,596 (4,596) MOITEl1EY OFFICE EXPENSES 7,211 9,667 2,467 OFFICE SUPPLIES 16,183 15,111 (1,183) PHOTOGRAPHY 6,784 (6,714) POSTAGE/FREIGHT 91,651 91,111 (1,651) PIONOTIONIL MERCHANDISE 12,811 5,111 (7,811) RENT/UTLS/8LD6. NA1NT 35,118 28,117 (7,161) SALES P10105 51,148 51,748 SPARKLER EXPENSES 1,651 7,511 (151) STAFF OEV/EDUCATION 13,511 8,511 (5,111) SUBCONTRACTS 22,111 25,111 3,111 TELEPHOIE 47,196 49,981 2,784 TRADE SHOWS 38,457 22,252 (16,215) TRAVEL/ENT/MEALS 53,061 59,811 5,941 VISITOR INFOR SERVICES 4,454 (4,454) EXHIBIT "A" Greater CC Business Alliance Detailed Budget Comparison —CVO Combined Conven 6 Tourism Services: Depts 112/114 For Fiscal Years Ending 17/97 6 11/98 --Comparison of Annual Budgets FY96-97 FY97-98 Net Budget Budget Change TOTAL EIPENSES 1,246,368 1,351,199 111,831 TOTAL OPERATING EXPENSES 1,981,166 2,181,954 96,788 NET INCOME (LOSS) 1 1,166 1,166 NAS91 Co' Rpt 8: 925 Date Pr: 17/25/97 Page 1: 2