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HomeMy WebLinkAboutMinutes Corpus Christi Convention & Visitor Bureau - 05/17/2001 41.0 MINUTES CORPUS CHRISTI CONVENTION&VISITORS BUREAU BOARD OF DIRECTORS MEETING Tuesday,May 17,2001 - 12:00 p.m. Museum of Science&History—Water Garden Room PRESENT: Brad Lomax-Chair,Berney Seal,Linda Routh, Bill Goin, Bill Morgan,Bill Pettus, Jody Patel, Tom Schmid, Vangie Chapa, Victor Gonzalez, Bert Quintanilla, David Garcia, Skip Noe,Lillian Riojas ABSENT: Cristina Garza,John Trice, Govind Nadkarni,Mayor Loyd Neal,Jim Snow STAFF: Wayne Bennett, Joey Jarreau, Alexandra Feild,Terry Morales I. CALL TO ORDER: Brad Lomax called the meeting to order at 12:03 p.m. Brad welcomed new board member Dan Viola, Athletic Director at Texas A&M-Corpus Christi and new ex-officio member,Lillian Riojas,Marketing Manager with the Port of Corpus Christi Authority. (� II. APPROVAL OF MINUTES: �I Brad made a motion to approve the April 19, 2001 CVB Board of Directors meeting minutes. Motion was seconded,motion passed. III. PUBLIC COMMENT: None IV. FINANCIAL REPORT: Joey reported that the website income and royalties income items have been removed from the budget forecast. Joey reviewed the variance report outlining savings and overages in different areas. David Garcia inquired about the Columbus Fleet debt item. Joey responded that he was directed to post the interest on it each month, about $13,000.00. He noted that a payment of around$80,000.00 is made in June;which is interest for the first six months. At the end of the calendar year,he pays 6 months worth of interest plus the principal balance for that year. He stated that every month he moves the$22,000.00 monthly amount aside but the auditors have asked him not to post it because it is not incurred. Brad asked for a motion to approve the financials as presented, Bill Goin made the motion,Bert Quintanilla seconded,motion passed. SCANNED 0111/ rd Page 2 Board of Directors Mtg. May 17,2001 V. COMMUTER REPORTS: • Sales& Marketing—Brad stated that Bill Morgan would remain as chairman of the committee due to Jim Snow's resignation from the board. Bill reported that the committee reviewed the media plan that was put together by Bill Pettus. He reported that the new media plan was based on the existing budget but the committee also added what they would like to see done if we had the money; which amounted to an additional$106,000.00. He noted that the co-op advertising campaign has really taken off and the reaction from participating industry partners has been very positive. As a result,we have been able to advertise on a much larger scale than the CVB could have funded alone. He also reported that the committee had discussed the city council/board luncheon presentation and what will be included in that. Bill noted that the people from the powerboat association were very appreciative at the ad that was run in San Antonio and Austin. Bill Pettus added that the ad in San Antonio would have cost approximately$13,000.00 and in Austin would have been approximately $10,000.00. The final cost to the bureau was$100.00 with industry partner's 41111/ participation. Bill said that we now have an on-going program in place and there are several opportunities that he feels will give us significant leverage. • Governmental Affairs—Berney Seal asked the board ifthey were familiar with Senate Bill#5. He informed the board that it is a Texas Commission Reduction Plan that pinpoints cities that are causing air pollution;this plan has already passed in the Senate. If they do not get$54 million dollars,we will lose valuable highway funds. He feels this is a rape of the tourism industry. It will include a $1.00 per room night hotel tax. The Commission feels that the hotel industry is the largest user of energy. He stated that the tax would only generate 37%of the $54 million dollars that they want to raise. He asked that the board oppose this plan and contact our State Representative because it will hurt the tourism industry. The Bill is now in the House. David Garcia informed the board that city council would send a resolution to the appropriate committee. Brad asked for a motion that we send a resolution from the board opposing Senate Bill#5. Bert Quintanilla added that it would be too late for city council to act on this at their next meeting. He suggested that the city manager send deputy city manager Tom Utter as a lobbyist against this Bill. Berney made a motion,Tom Schmid seconded, motion passed. Brad stated that Senate Bill#108 bad pascerl where effective 2002;schools can't start the new year any earlier than the week of August 21°. Joey noted that the Bill had been amended to reflect the actual date of August 21°. He also added that there are still issues with that Bill because it passed the House amended. Senator Lucio has to concur with the amendment, than the Senate has to re-vote. Joey suggested sending another resolution about this Bill. Brad asked for a motion to send a resolution supporting the amended S 1/411/ Page 3 Board of Directors Mtg. May 17,2001 Bill. Vangie Chapa made the motion, Bill Goin seconded,motion passed Brad suggested an orientation of new city council members regarding the CVB. a Finance Committee—Bill Goin reported that they have been reviewing the financials and trying to work on an easier format. He congratulated the Sales& Marketing Committee for doing a wonderful job. He also reported that they discussed the supplemental request and the replacement for the accounting office at the CVB. He informed the board that they have been discussing hiring an audit firm for a 3-year commitment for the 2001-2002 fiscal year. Brad asked for a motion for the 3-year commitment proposal,Bill Goin made the motion, Tom Schmid seconded,motion passed. Joey reviewed some changes he made to the proposed 2001-2002 budget with the board. He noted that the Eco-tourism manager position was initially funded by a grant,however,with no other grant available,he has worked that position into the budget. He informed the board that we have made some changes in telephone service and have had discussions regarding the DSL service that would save the bureau money. He stated that they will be reviewing the yard maintenance contract,he feels that the cost is somewhat high for the amount of yard the building has. Joey said that the budget does not reflect any European tradeshows except for Pow Wow,which is held in the United States, and the Canadian sales mission. Joey stated that the bottom line is that we previously reflected a loss of$113.00,now it reflects a profit of $153.00. The most significantly is the continued savings in the salaries/benefits area. Brad asked for a motion to approve the 2001-2002 budget as amended,Bill Goin made the motion, Linda Routh seconded,motion passed. There was a brief discussion regarding the supplemental request to the city for additional funds geared toward advertising. Bill Morgan noted that at one time the advertising budget was about $500,000.00 and that we would hie to get back to that level. Brad asked for a motion to approve the supplemental request, Bert Quintanilla made the motion, Tom Schmid seconded,motion passed. • Evaluations& Guidelines—Brad informed the board that this committee is charged to review bureau/CEO performance on a quarterly basis. John Trice is chairing the committee. VI. WEB SITE UPDATE: Wayne reported that on April 9'h, Brad met with Leah Woolford to give written notice of our intent to terminate our agreement with BDSI,Inc by June 15, 2001. On April 301h, Wayne,Brad and Jody Patel met with Leah again to discuss BDSI delivering a working housing program by June 15'h that is free of all bugs. Joey is going to test the system and return a summary to Leah of what ow experiences with the program have been by May 4th. Based on the test, Leah would then submit a performance time line of what would happen by when leading up to the June 151h date. In return,Leah would hie a kill release S Page4 Board of Directors Mtg. May 17,2001 in writing that the software works. She has agreed that the web site is ours and would offer the CVB 2-hours of training time to show staff how to make changes and updates on the site. She would also like the separation to be mutual, amicable, she wants full release, a non-disparity clause, a non-disclosure clause for the marketing aspects of the site. Leah would also give us a 90-day warranty on all the products. key noted that there are minimal things that staff can go in and change,but fundamental changes to the website such as upgrades or on the marketing side will have to be done by someone else. WI. COLUMBUS FLEET ASSOCIATION APPOINTMENTS: Brad reported that as a result of the board retreat there needs to be a Columbus Fleet Association Board. This group will be a buffer between the Foundation, the city of Corpus Christi and the CVB. The operation and maintenance of the ships is now in the hands of the Museum of Science and History. In order for the ships to remain viable they have to generate $122,000.00 in the next 12 months. Brad recommends appointing an interim board for a 12 month commitment to work with the museum to ensure smooth operations and over that 12 month period that they review the economic feasibility and look for a permanent solution for the exhibit. Brad stressed the importance of restoring community confidence and this interim board should be seen as having credibility in working with the ships. He noted that the group would need expertise/representation in the areas of attractions, marketing, the sailing community and looking out for the CVB's best interest. Brad has spoken to the following individuals and they have agreed to serve: Attractions—Rocco Montesano (Chairman) Marketing—Fred Doffs Sailing Community—Duncan Sarno CVB Board—Bert Quintanilla Brad asked for a motion to approve the above individuals to serve on the Columbus Fleet Association Board,Berney Seal made the motion,Tom Schmid seconded, motion passed. Joey asked if the insurance packet that the city carries covers board members. Skip Noe responded that he doubts it,he stated that the insurance does not cover board members only the ships and their operation. He noted that the CVB could purchase a rider to cover the new Association Board. Bert was concerned about some the language in the Columbus Fleet by-laws. Skip said they would help clean up and develop a new set of by-laws to cover the 12-month period. VIII. HISPANIC CHAMBER CONTRACT: Brad and Wayne met with Manny Ugues from the Hispanic Chamber and his board chair, Gloria Perez. They discussed shifting their focus from ethnic convention to the leisure side. Brad stated that Manny would be making a presentation to the board at their June meeting. The Chamber understands the concern about accountability and keeping us in compliance with hotel/motel association and bed tax laws. Brad noted that the chamber's funding is subject to the whim of the board from a year-to-year basis. Brad mat► feels this is a partnership that needs to work. Brad wants to give the chamber a 3-year V Page 5 �/ Board of Directors Mtg. May 17,2001 commitment of a base level funding of$54,000.00. He noted that if things work well,the funding could go up. He wants to add a caveat to that commitment that the funding level will remain the same as long as the CVB's level of funding from the city remains the same. Brad asked for a motion to extend a 3-year base level funding to the Hispanic Chamber,Bert Quintanilla made the motion,Vangie Chapa seconded, motion passed. There was a brief discussion of what is expected from the chamber,what has happened in the past and any political ramifications. LX. BOARD VACANCY: Wayne informed the board that Jim Snow has tendered his resignation from the board having been relocated to Los Angeles. This opens a slot in the lodging category. The two nominations for replacement are Dave Prewitt with the Holiday Inn-Airport and Kevin LaTone,Jim's replacement at the Omni Hotel. The board appointment will be made by city council on June 12th. X. CITY COUNCIL/CVB BOARD LUNCHEON: Brad reminded the board that the next luncheon will be Tuesday, May 22od in the basement training room of city halo Bill Pettus will do a marketing presentation. They will also discuss board retreat results,positions and goals,review the last quarter, a budget overview and discuss the supplemental request. XL PRESIDENT'S REPORT: Wayne introduced Connie Cardemon who will be taking over the accounting department at the CVB on a contract basis. Fite&Wheeler, who are conducting the CVB's audit, recommended her. Wayne reported that the CVB has been invited to participate in the Mayor's Oversight Committee on the convention center's expansion. Wayne,Martha and Lou attended the first meeting and will continue to do so. He reported that on May 3n°,he and Brad were involved in an airport presentation to Southwest Airlines for possible new routes. Wayne thanked Joey for his diligence in cutting bureau expenditures. He also reported that he and Joey are working on staff reorganization that will help the bureau run smoother and be more productive. He noted that Lou Garcia has moved into the Convention Sales Manager position. XII. NEW BUSINESS: Joey discussed the Star Report and the information it can provide,such as comparisons with our city and other cities. He noted that the cost for it is in the budget. Tom Schmid asked if such information is available for free through the state. Joey stated that information is available through the state but typically it's on a quarterly basis and almost a year to 10 months after the fact before you get information. Joey reported that they are doing a presentation for LULAC in Phoenix in June for their 2004 convention. He noted lir• kir Page 6 Board of Directors Mtg. May 17,2001 that 2004 is LULAC's 75th anniversary and since the organization was founded in Corpus Christi,they are really going to push that issue in their presentation. XIII. OLD BUSINESS: None XIV. ADJOURN: There being no further business to discuss,the meeting of the Board of Directors adjourned at 1:43 p.m. V d► CONVENTION & VISITORS BUREAU TOURISM SALES&VISITOR INFORMATION CENTER �r ACTIVITY REPORT May, 2001 MTD YTD #of Definite leads 3 27 *#of Definite Room Nights 3,796 8,037 #of Tentative Leads 0 49 # of Tentative Room Nights 0 6,798 #of Trade Shows/Conferences 1 12 #of Sales &Media Cans 0 162 #of Site Visits/Fams 0 6 #of Sales Missions/Blitz 0 7 *#of Web Site Bookings ** 1,634 *# of TX Nat'l Tour Co. Bookings 20 107 #of Group Tour Bookings 3,776 6,296 (, *#of Definite Room Nights YTD reflect Tourism Sales Group Tour Bookings,Web Site Bookings&TX Nat'l Tour Co.Bookings,Year To Date. VISITOR CENTER ACTIVITY Visitors assisted 13,210 117,768 Bulk mail requests fulfilled 4,194 24,043 SPECIAL PROJECTS AND ACTIVITIES 1. Hosted WE German Film Crew 2. Kim attended Pow Wow 5/6-5/9 in Orlando Florida 3. Activities for National Tourism Week 4. Sparkler meeting aboard the Texas Treasure 5/14 5. Jane and Ann attend Mayflower Tours Luncheon in Chicago 5/31-6/1 6. Attended Industry partners meeting 7. Attended HSMA Luncheon *•BDSI Web Site Bookings not available at time of report Attraction Attendance 2000 2001 thlio Museum of Scimce&History 8,079 9,154 Asian Cultures Museum 320 832 Texas State Aquarium 50,549 44,871 USS Lexington lir V 411.1 Corpus Christi Convention &Visitors Bureau Convention Sales & Services Activity Report May, 2001 Convention Sales 99/00 MTD YTD YTD Definite Leads 21 119 111 Definite Room Nights 3,560 49,405 76,303 Definite Lost(Current Year) 0 405 American Bowling Congress 88,950 Current Year Total Definite 3,560 138,760 illiv Pending Leads 29 237 121 Pending Room Nights 19,047 163,897 87,552 Pending Lost(Current Year) 49,763 Pending Turn Def(Current Year) 18,662 Current Year Total Pending 19,047 95,472 Previous Year Definite Lost 0 14,190 Previous Year Pending Lost 2,000 42,376 Definite SPCC Bookings 0 16 32 Pending BPCC Bookings 6 45 33 Pending BPCC Lost(Current Year) 1 10 Pending BPCC Turn Def(Current) 2 Total Pending BPCC Bookings 5 33 4 V kir Definite Delegates 3,667 47,288 60,150 Definite Financial Impact 1,329,288 17,141,900 21,804,375 American Bowling Congress 85,000 ABC Financial Impact 45,000,000 Pending Delegates 18,513 140,858 62,248 Pending Delegates Lost(Current Year) 33,438 Pending Turn Def(Current Year) 17,403 Current Year Pending Delegates 18,513 90,017 Pending Financial Impact 32,631,163 24,826,943 Sales Assisted Definite Rm Nights 108 1,699 5,825 Sales Assisted Pending Rm Nights 0 6,876 12,062 Convention Services 11100 99/00 MTD YTD YTD Service Leads Generated 17 170 N/A* Conventions Serviced 14 181 134 Delegates Serviced 10,752 82,522 89,678'• Centrally Housed Conventions 0 2 4 Transportation Serviced Conventions 0 6 12 *Beginning in August, 2000, Service leads generated are being reported for the fast time. •*2000 total includes 12,800 visitors to the farm and ranch show in January,the same number of visitors attended 2001;however,they are not being included as convention delegates. Other Activities Austin Sales Calls(Martha.Lou) Continued to update data base with mailer responses Staff restructuring S CONVENTION AND VISITORS BUREAU COMMUNICATIONS ACTIVITY REPORT MAY2001 k Executed National Tourism Week Events • Organized Coloring Contest for local elementary students in honor of National Tourism Week k Created enticement flyers for three conventions W Compiled weekly convention updates Yr Wrote press releases for upcoming conventions k began training for website updates k $93,524.44 Bacon's editorial coverage for Corpus Christi in April $914,461.72 FY 00-01 TOTAL, • 128222R2RYY822002222222224282211 Vm 4 °> g 5U2N R2NRSt2Sd `6 'd' b' b' MV12558 28557Uob 4 i 88888888888888888888888888888888 - 8 e P 11111111111111 . . . . 1 '1 � � P I . i i t1f1 1111U 11ff1fEIUa. WWII II fid ck n 3 ifilifilifilliffiffill ' 2* 1I%14111144114111144 #4H I1. 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PIN N N 7 PIM f 2j J ; pad `, H r v O D E N a 4 gl I „ C n II 33 fly F ; a i flu RI 0 t iEE n I o 0 T 0 0 Re C im o w ni o y 1p K r (E��11 {E{���ii � (pJD (pum/o p b b ^^�� � ilir P T T O O O H O O O s oe ^ U 4) EEEE M °J MI tm CA sml CAg So A A 0 �+ �J ((yyXI C A N $ r rh P !� a y X % HP: : § 1 § 1' I mm n n �yy 0 JP rt,- - :.4 pp r - -stints ��}■}ll�� Wp O i- , f O NNu� 4 N O tti O H O 0 0 0 0 k 0 0 '2 ap ((�� M g Y} (- t P N M p r at s ill. + PMP W W �sp O a A �j A W S • O N 8 N O z N W t 4Oi h b P z Pt J l J I O O O _ _I_ O O O VIOL' i ? fir C, SALES &MARKETING MEETING ATTENDANCE MEETING DATE: 6/14/2001 9:00 a.m. CVB Board Room Jody Patel ()will attend ()Qwill not attend Vangie Chapa Owill attend (X)will not attend ' Bill Morgan (X)will attend ()will not attend N Lillian Riojas (X)will attend ()will not attend Illia; v Dave Prewitt (X)will attend ()will not attend Tom Schmid (X)will attend Owill not attend John Meyer ()will attend ()Qwill not attend Ed Persall (X)will attend ()will not attend Rocco Montesano ()will attend Owill not attend Tom Niskala (X)will attend ()will not attend Alex Kovac Owill attend ()will not attend Bill Pettus Owill attend ()will not attend Cristina Garza (X)will attend ()will not attend V Month End Financial Variance Report May, 2001 Revenue: • Website Income—Revenue stream has been re-estimated in forecast projections. • Royalty Income—This account plans for$10,000 proceeds from publication of Beach to Bay Guide and DPG. This amount has been removed from forecast projections Expenses: • Salaries—Savings of$7,477 related to absence of accounts payable clerk and Accounting Manager position not filled • Pension Contributions—Savings of$1,660 related to reduced benefits due to employee turnover • Advertising—Under budget $13,259, savings of$8500 for non placement of Houston advertising, savings of$8000+on co-op ads in SA and (lbwAustin. • Computer Supplies Mtc. —Overage of$1500,due to $1375 expense for MAS 90 annual mtc conract., shows budgeted in May on final budget but not entered into accounting system • Copying/Printing—Overage of$5963, due to $2588 for rack enticement cards, $3500 accrued for tourism planners. Neither project was budgeted, but both have been included in forecasting • Dues/Subscriptions—Overage of$914,due to $310 WB Rotary membership not budgeted, $430 MK PCMA membership budgeted June • Event Hosting Local-$2000 savings due to under spending on TX Birding Classic • Staff Development—Overage of$1914, related to IACVB training of two sales staff members • Subcontracts—Savings$2500 release of Austin Contractor • Travel Ent Meals—Savings of$7055 due to, $1800 cancellation of Houston Blitz,$1350 cancellation of Reunion Network, $1200 no CEO travel,$1250 Pow Wow travel savings, $1300 Communications cancellation of IACVB Columbus Fleet Expenses for Principal total$86,104 this amount should be deducted from Net Profit. The full monthly amount of$22,000 is transferred each month from the Operating Account to the Columbus Fleet Bond Payment Account, 41111/ this can be verified on the Balance Sheet. 410 4110 C C Convention & Visitors Bureau KAS90 Custon Rpt ;007 Balance Sheet Date Printed: 06/12/01 For the Period Ending KAY 31, 200: Page ;: 1 ACTUAL ASSETS CURRENT ASSETS Operating Cash PETTY CASH 300.00 OPERATING A/C 14,269.59 BUSINESS ?ROKOT:oN A/C 2218.53 BOYO ?AYKENT FUNDS 63,264.16 PRIVATE SALES A/C 26,635.25 PAYROLL A/C 3,2249.08 TOTAL CASH :^7,9 7.6` ACCOUNTS RECEIVABLE A/3 TRADE :4,829.14 ALLOWANCE FOR BAT DEBTS E2,0OO.0O? TOTAL ACCOUNTS RECEIVABLE :2,825.14 INVENTORIES KERCHANDISE 7,348.:9 11410 TOTAL INVENTORIES 7,848.19 DEFERRED ASSETS & ?3E?AIDS 36,692.57 TOTAL PREPAIDS 36,652.57 TOTAL CURRENT ASSETS 225,307.55 OTHER ASSETS TRAVEL ADVANCES 700.00 TOTAL OTHER ASSETS 700.00 FIXED ASSETS ;Land/31dg/Equip► 306,66:.08 TOTAL FIXED ASSETS 306,661.08 TOTAL ASSETS 532,668.63 41p, 410 C C Convention & Visitors Bureau KAS90 Custoa apt 1007 Balance Sheet Date Printed: 06/12/01 ?or the Period Ending KAY 31, 2001 Page 1: 2 ACTUAL LIABILITIES AND EQUITY CURRENT LIABILITIES Short Term ?ayas:es ACCOUNTS ?AYABLE 285.65 ACCRUE,: ACCOUNTS PAYABLE :•2,44..'33 ACCRUED TAXES 203.21 INSURANCE W/H (622.04; PENSION/RETIREKEST ;.24) MISC. W/H, WAY, 3TC 244.86 ADVERTISING ESCROW A/C ;4,6:8.28) TOTA:, SHORT TERK ?AYABLE: 27,934.5`. TOTAL CURRENT LIABILITIES 27,934.55 LONG TERK LIABILITIES COLUKBUS FLEET 30ND ?AYABLE 2,449,999.99 TOTAL LONG TER LIABILITIES 2,449,999.99 TOTAL LIABILIITIES 2,477,9334.54 EEQUITY FUND BALANCE ;2,:34,334.:4) YTD EARNINGS 189,068.23 TOTAL EQUITY (:,945,265.91; TOTAL LIABILITIES AXD EQUITY 5332,668.633 • ‘110 400 C C Convention & Visitors Bureau MAS Custoa Rpt t: 100 DETAILED INC.STMT-CVD Public Funded Ops Date Printed: 06/12/01 FOR THE TEN ?ERIODS ENDED MAY 31, 2001 ?age t: 1 Per:cc to Date + Year to Date + FY00 ANNUAL Actual Budget Bud Var Actual Budget Bud Var BUDGET REVENUE HOT3L/M0T3L MARKETING FEES .12,240 :12,240 1,156,521 1,756,52: 2,088,454 ECO TOURISM GRANT 6,705 6,705 32,048 33,750 t:,702: 45,000 ADVERTISING - COO? ?ROM :2,300 :2,300 MARKETING - COOP Ka (8333: 8,330 (8,33330) 10,000 TRADE SHOWS - COO? ?ROM 301 ;8001 :4,946 :2,650 2,296 :3,100 ROYALTIES 633 (833 8,330 (8,3330; :0,000 WEBSITE ADVERTISING 4,166 ;4,:55) 4,354 41,650 ;337,3061 50,000 MISCELLANEOUS INCOME 660 860 MUSS? EARNED 449 1,200 115:1 5,627 :2,000 (5,373) :4,400 TOTAL REVENUE :19,394 :80,072 ;613) 1,821,656 1,873,241 145,5851 2,230,964 SALARIES i RELATED EXPENSES SALARIES 56,630 64,107 7,477 590,212 541,070 50,858 769,284 L CONTTRIBUTIONS 4,203 4,903 100 44,187 49,030 4,843 58,836 'V' I!.'?LOYMENT CONTRIBUTIONS 5,405 541 ;4,8641 7,306 5,410 (1,896) 6,491 INSURANCE/PERSONNEL BENEFITS 6,108 6,674 566 56,413 66,740 10,261 80,088 PENSION CONTRIBUTIONS 2,419 4,133 1,660 :4,817 41,380 26,563 49,656 CEO'S BENEFITS 7633 523 (260( 4,556 5,230 634 6,276 ?RS TAX DEDUCTIONS 113) :3 499 (499) TOTAL SALARIES & RELATED EXPS. 75,594 80,886 5,292 718,090 808,860 90,770 970,631 OPERATING EXPENSES ACCTG/LEGAL/PROF 3:7 9:: 594 22,251 :9,110 (3,141) 20,936 ADVEkTISING 8,7338 21,997 133,259 252,673 236,970 (15,103) 281,000 3AD 0337 EXPENSE 20 (20) BASK CHARGES 6 (6) 22 122) BOARD OF DIRECTORS 276 250 (26) 2,598 4,250 1,652 4,750 CAPITAL EQUIPMENT 2,644 2,000 1644( 2,000 COMMUNITY RELATIONS 3,260 (3,260) COMPUTER/SUPPLIES/MAINT. 2,388 882 (1,506) :33,285 :1,461 (1,824) 14,715 COLLATERAL PRINTING 813 (813) COPYING/PRINTING 6,088 :25 (5,963) 27,818 :4,155 (13,723) 20,405 DUES/SUBSCRIPTIONS :,694 780 (914) 22,209 21,057 4,848 30,934 EQUIP LEASE/RENTAL 33,269 3,606 33337 334,114 36,330 1,556 43,602 EQUIP REPAIR/MAINT. 425 680 255 3,360 7,899 4,539 9,457 EVENT HOSTING LOCAL 64 2,300 2,236 20,130 17,800 (2,930) 20,995 "/SITE INSPECTION (2,000) 1,916 3,916 6,221 25,327 19,106 29,500 iimmeAKTOR RIPEN-LAS CARABELLAS 22,000 22,000 220,000 220,000 264,000 'MUNICH GENERAL 1,753 :,357 (396) 13,601 :3,570 (31) 16,284 INTEREST RIP - COLUMBUS FLEET 13,131 (13,131) 133,896 (133,8961 MISCELLANEOUS EXPENSES 1,449 280 (1,169) 16,248 3,067 (13,181) 5,627 MEETING EXPENSES 222 500 278 1,480 4,800 3,320 5,800 OFFICE SUPPLIES 1,015 1,767 752 12,596 17,666 5,070 21,200 *PO ‘1100 C C Convention 6 Visitors Bureau KAS Custom Rpt 1: 100 DETAILED IIiC.STKT-CVD Public Funded Ops Date Printed: 06/12/01 ?OR THE TEN ?3RIODS ENDED KAY 31, 2001 Page is 2 Ilmorr a Period to Date - « Year to Date + FY00 ANNUAL Actual Budge: Bud Var Actual Budget Bud Var BUDGET PHOTOGRAPH? 50 :20 60 1,771 2,100 929 3,140 POSTAGE/FREIGHT 3,144 5,000 :,856 3:,234 53,6:4 22,380 63,682 PROMOTIONAL KERCHANDISE ;887 :,200 2,081 :7,588 :1,950 ;5,638) :7,200 UTILITIES/CONTRRACTS 5,997 4,979 (:,0:8: 58,156 58,1:5 (41: 68,336 SPARKLER 3XPENSESS 656 666 2,05: 5,660 4,609 8,000 STAFF DEV/EDUCATION 2,164 250 (:,9:4 7,519 :5,420 1,90: 18,420 SUBCONTRACTS 5,248 7,000 :,152 69,3113 15,330 5,517 89,330 TELEPHONE 4,9233 4,240 (683: 41,906 42,400 494 50,880 TRADE SHOWS/SALES MISSIONS 3,436 4,750 1,314 55,330 47,645 :7,685) 50,945 TRAVEL/ENT/MEALS 4,575 ::,630 7,055 45,185 89,085 43,900 59,195 TOTAL EXPENSES 67,495 99,186 3:,69: 921,'::2 1,064,38: :43,269 1,260,333 TOTAL OPERATING EXPENSES :43,089 :80,072 36,983 1,639,202 :,8733,241 234,035 2,230,564 NET INCOME (LOSS; 36,305 0 36,305 :88,454 0 :88,454 0 tom, ‘401 C C Convention i Visitors Bureau NAS Custom Rpt *107 PRIVATE SALES - INCOME STATEMENT Date Printed 06/12/01 For the TEN periods ended KAY 31, 2001 Page *1 + Period to Date + + Year to Date + FY99 ANNUAL Actual Budget Sud Var Actual Budget Bud Var BUDGET REVENUE SALES-VISITOR CTR, ITEMS 1,831 1,831 10,006 :0,006 INTEREST EARNED 5 5 207 207 TOTAL REVENUE :,840 0 1,840 10,213 0 10,213 0 SALARY RELATED EXPENSES TOTAL SALARY RELATED EXPENSES 0 0 0 0 0 0 0 OPERATING EXPENSES RANK CHARGES 24 (24) :92 (:92) CAPITAL EQUIPMENT 1,600 (1,600) MISCELLANEOUS EXPENSE 559 (659) MERCHANDISE VISITORS CTRS. 1,520 (:,520) 5,759 (5,756) SPARKLER EXPENSE :68 (:68) 1,005 (1,005) TELEPHONE 38 (38) itompwAVEL/ENT/MEALS 347 (347) TOTAL EXPENSES 1,112 0 (1,712) 9,600 0 (9,600) 0 TOTAL OPERATING EXPENSES 1,112 0 (1,712) 9,600 0 (9,600) 0 NET INCOME (LOSS) :28 0 128 613 0 613 0 41or 'mow CONVENTION&VISITORS BUREAU (5) `fpr ANNUAL BUDGET-DRAFT 2000 2000 2001 2001 2001 2001 Mo. Program August Sejt ApdI May June July TOTAL REVENUE - HoteVMotel Mkg.Fees 1,756,521 169,065 162,878 2,088,464 Eco Tourism Grant 32,048 2,955 14,995 49,998 Advertising Coop 12,300 Tradeshow Coop• 14,946 1,000 450 16,396 Marketing Coop Website Income 4,354 - - 4,354 - Royalties - - Interest income 6,627 450 450 7,527 Misc Income 860 860 - - - 1,827,656 173,470 178,773 2,166,739 SALARIES&RELATED BENEFITS - 5-0T1 SALARIES 590,212 56,630 56,630 703,472 502 FICA CONTRIBUTIONS 44,187 4,203 4,203 52,593 503 UNEMPLOYMENT CONTRIB. 7,306 1,600 8,906 504 INSURANVEIHEALTHCARE 56,473 6,108 6,108 68,689 505 PENSION CONTRIBUTIONS 14,817 2,478 3,000 20,295 Pre tax deducations 499 0 507 CEO'S BENEFITS 4,596 - - 4,596 - - - 718,090 69,419 71,541 _ 858,551 EXPENSES 701 ACCT/LEGAL/PROF 22,251 1,194 1,194 24,639 703 ADVERTISING 252,673 19,000 13,500 285,173 Bad Debt 20 Bank Charges 22 713 BOARD OF DIRECTORS 2,598 250 250 3,098 lir 714 CAPITAL EQUIPMENT 2,644 - 2,644 716 COMMUNITY RELATIONS 3,260 - 3,260 717 COMPUTER/SUPPLS/MAINT 13,285 750 750 14,785 720 COPYING PRINTING 28,691 350 350 29,391 724 DUES-SUBSCRIPTTIONS 22,209 3,245 500 25,954 727 EQUIP.LEASE/RENTAI 34,774 3,120 3,120 41,014 728 EQUIPIREPAIR/MAINT 3,360 500 500 4,360 730 EVENT HOSTING SUBSIDY 20,730 1,800 3,395 25,925 732 FAM TOURS 6,221 600 600 7,221 734 GUARANTOR COLUMBUS FLEET 133,896 13,125 13,125 160,146 738 INSURANCE GENERAL 13,601 1,199 1,199 15,999 740 MARKETING CONTINGENCY 0 0 0 743 MISCELLANEOUS EXPENSES 16,248 780 780 17,808 745 MEETING EXPENSES 1,480 400 600 2,480 760 OFFICE SUPPLIES 12,596 1,100 2,100 15,796 762 PHOTOGRAPHY 1,771 20 420 2,211 765 POSTAGE/FREIGHT 31,234 3,250 3,250 37,734 768 PRODUCTION SERVICES - 25,000 0 • 770 PROMOTIONAL MERCHANDISE 17,588 - 17,588 775 UTILITIES/BLDG.MAINT. 58,156 6,418 6,681 71,255 778 SPARKLER EXPENSE 2,051 - - 2,051 782 STAFF DEV/EDUCATION 7,519 1,650 1,250 10,419 784 SUBCONTRACTS 69,813 6,750 6,750 83,313 785 TELEPHONE 41,906 4,923 4,923 51,752 786 TRADE SHOVVS/SALES MISSION 65,330 1,500 1,500 58,330 790 TRAVEL/ENTIMEALL.S 45,185 3,880 4,780 53,845 TOTAL OPERATING EXPS - . :- 21,1112 ?'a;$,7o4 ..74 'iii; ',-Uri,1,068,191 TOTAL SALARIES&OPER EXPS - - - 1,639,202 145,123 167,955 1,926,742 Columbus Fleet 8,875 8,875 17,750 NET DIFFERENCE V-01 z..r��. '57. M72:1 a ` .4.2, 11111/ 1 06/1412001127 PM As of 5/31/01 Oper Cash 74,270 BP Cash 219 Payroll Cash 3,249 A/R Trade 8,000 Cash 06/01 19,472 Cash 07/01 1,943 107,153 NP 286 Accrued NP 32,441 Accrued Tax 203 Misc 245 Advertising (4,618) Prepay due 6,170 34,727 Estimated Cash 7/31/01 72,425 V N c m0 .O O u. 7�pp l`a6) U to C C dj E m N x 0 E m p a ) 0 CL .n Q 0 T a) L8 A Y Jnr a) o) v2 c N CD a) i-a — 17.) c4 3-I CCI M 2 E a) N U a) •C 7 C —7Q — a) U c � � �� � � � R � N � � p cvN TE E >Oc�� U O 0C N 7 aO 73 OC Q 2 TD N U 1,3 O aQ - a) JF A V O NyC > O ( N •.a i E o R O ' Y o oU a ii3r0 o ° cU a` n > N xw a m•..N ro O U) `�j a) 2 bt/ ZN L.4 — C . Oc ` Q O \\ \\ O 0 W al 4-+ ( co E C/ z O 10 .N N O CoNNNN8Q a) 0,5N A > 0 c - c t CD a) �) m/ U co C � a �VV 0 W c0 2 g a e > O 0) CCID _ U d c 0cz It 0 •.r a) V) H •. i N c a) W C ) N o O o 0 L 'C C c 0E c " .J o U Y 0 rl mQ ✓ 'fl a) N N cid c A CD ci 45 CI) 73, (f) Q co_ Y oo o• o U r6O aoc z ° � • _J o E 0 0 8 ▪ 8 8) c ( m 8v) 2 0 0 Z N N E.' Q) j Q - J c d , W A