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HomeMy WebLinkAbout023390 RES - 07/28/1998RESOLUTION APPROVING THE FISCAL YEAR 1998/1999 BUDGET FOR THE GREATER CORPUS CHRISTI BUSINESS ALLIANCE; AND AUTHORIZING AN AGREEMENT FOR ADDITIONAL SERVICES AND COMPENSATION FOR FY 1998-99 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 certain services; and WHEREAS, the Agreement establishes a formula resulting in payment of hotel taxes to the Alliance for convention and visitor services in FY 1998-99 in the amount of $2,029,999, and provides for payment of $275,000 to the Alliance for economic development services; and WHEREAS, the Alliance Board of Directors has approved the Alliance's budget for Fiscal Year 1998/1999, requesting an additional $110,000 for a Latin Market Program; and WHEREAS, the City Council has considered said budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. The budget for the Greater Corpus Christi Business Alliance for Fiscal Year 1998/1999, a true copy of which is attached hereto as Exhibit A and incorporated herein, is hereby approved. INTROD�UyED AND PASSED by the City Council of the City of Corpus Christi, Texas ,(� 1 , 1998. ATTEST:'/ THE CITY OF CORPUS CHRISTI 1 Armando Chapa, Ci 8JRa2100.103 Secretary Samuel L. N al, Jr., May City of Corpus Christi 023390 Legal form approved 24 cb(,is , 1998; James R. Bray, Jr., City Attomey By: Alison Gallaway, As ant City Attorney 81R132100.103 Corpus Christi, Texas A 1?" --1,1 Day of The above resolution was passed by the following vote: Samuel L. Neal, Jr. Javier D. Colmenero Melody Cooper Alex L. Garcia, Jr. Dr. Arnold Gonzales Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols 8JRB2100.103 (AJzu 023390 a-ce Qt" Shee110 GREATER CORPUS CHRISTI BUSINESS ALLIANCE BUDGET TEAR 98/99 CONSOLIDATED ALLIANCE BUDGET 98/99 CVO Admin M'Ship Govt Educ. L'shlp Alumni 1 SBDC BRR Notes Rwenue Oescripitbn Budget Budget Budget Budget Budget Budget Budget Budget Budget Budget Renewed Du e¢ 4 776 382604 12,500 44672 I New Member Du es 1, . 110,733 120100 Det. Mkt.Cam.ai•n 1 =Business New Menber Admin Fee 1,500 4 500 © H°lel/Motel Marketin a Fees 2,029,999 2029999 p®'.. 110,000 110,000 © Cooperative Promotion 64000 25,000 ]90 00 720 _Sponsorships 1 6,000 2,500 Fees 15720 150001-Y ■Participant Relocation Package Sales 8,000 8,000 _ Movers Lists 2,500 2,500 T Label Salesii 2,488 2,400 Contributions3000 2,000 i + 1000 _._ _ Advertising income 0 u 0 9,000 Royalty Income 0 d Program Income 9000 seeann=ame o Sparc ]S _ ]50001 f e-0/5/ti0n Revenue - City CC 000000 275000 -� 275000 Revenue- Nueces Counry 0],200 _1 20,175 130,1]5 Revenuer Pon at OC 80,1]5 1 Special Events Income 291,455 _ 294,455 Web Site Sales zo 000 - Phone Directory Sales 28850 29.950 38650 Wap0otO 75000 r 75.000 + IRepresentetve Map ns Tr S00O 5000 aster Intra Dept Transfer Dept 0 800 Applicationl 800 1,600 toe Misc. Income 1600 Grant Income 302000 6000 302.536 Interest Earned 6000 1,319,84 2209999 110001 851,042 123,000 9.600 19200 1J220 302,536 647,147 1]2932+ NS,328 156]] 0 366322 Salaneae Benefits ?ll 956,489 659121 2800] 252,161 12,000 10,000 10,0O0 i - 9,3001 1 11 Acct./legal/professional 32000 I 500_ 10,000 12 Advertising 296) 7 270,4221 191,125] __ 16525 12 Latin Market 191,125 _ Ambassador expenses 0 Auto Expenses 0 _ Bank charges B00 800 Board of Directors 7,000 4,000 1,200 6O0 •1700 12,000 12000 1] Cepba1 Equipmenl 21,000 14 Commissions 0 10,000 22,000 13,050 15 Community Relations 28,482 15,000 482 2,000 2000. 3,000 - ® ComWter/¢u..11eslmaint CoIIete nnbng 29,000 51350 20,000 9,000 3,500 1,500 500 5.000 1,200 500 Contributions 100 100 Oopyin9)pn0000 25,280 15,000 500 615 3.100 1,560 3,305 1 1,200 5,000 12,000 16 Convenbone Se !Transportation 50,000 50,000 Depredation 0 0 2,500 10001 250 450400 L 150 Dues/aubsvlptioos 27,350 10.000 Equip menttease /reeU I 44400 21,000 11,000 I l Equipment RepairtMaint 15.000 12,000 3,000 EventHoann Local 9a- 77000 25000 250 20001 004 - _. 3,000 Food 23,000 20.000 Food 8 Beverageona 1600 I]t%3 0 1J1.96J ' _ . 500 1500, 1500' 1 fi]O 1,170 __ 3.700 I] GuarantorExp GearvallM Exp - Lm Care6ela¢ 1 Festivals 0 1,000 Irirance 29,000 10,000 10.000 9,000 4,000 6075 IB Mituelineous 20,000 30100 20.000 8,000 5.000 Metinexpen 5,9110 19 20 sepenaea Expenses Meetingnay 5,300 2000 16000 7,500 1300 Office OlSceneppliet Expenses 5,375 9.000 OMlograPliee 32.200 1,000 600 400 193 9.000 Postagraplty _ 2.900 82,114 0 4,000 500 500 7000 1,500 1,494 1,500 6,600 _ Postage/height _ 60.000 360 1.160 Production Services Program costs 78,400 19000 43,000 15,6110 6100 10500 Promotional Merchandise 18,000 RalesPrtie¢IMaint 72,000 35,000 20.000 1 18,000 21 Sales Promos 150,000 150000 5,300 _ Seminar Expenses 12.100 1,000 5.300 500 Sparkler Expense 8.000 8,000 Specht Event Expense 143.513 143,513 100 _ Staff dev/educalion 29,200 20.000 1,200 4.000 4,000 10900 10,100 2,000 22169 Subcontracts]2.900 15,000 21 21 Telephoneplrone 70.169 50,000 12,000 2,12] 3,000 834 Trade shows 2.500 500 . 5,500 meals 58,719 15000 3,000 2,500 10,550 22 SERO SBDC Support 37.000 50 .37550,375 37.000 seoc Expenses sons 23 Military Affairs Support 25.000 25.000 24 Washington Representative 96,120 96,120 25 Austin Information System 24,000 _ 31000 Tsf to other depts 0 D I ]85 26 _.- CVO Reserved Funds Year End Awards 385 Total Operatic Expenses 2105015 1383510 I 432 1946051171420 1 6281 22,050 Is970 50,375 200,625 ) T01al Ex nses 431904 2239.9991 }0],261 339,931 23]6]21 78.705 511657 1 15970 02 536 647,147 Net lncamd(Losa) 0 0 (292361) 511,108 (114932)- (69,105) 5]0,557) (2.750) 0 0 Add beck CVD Reserved Funds Usage Net Anticipated Gain/(Ioae) _ Pagel notes GREATER CORPUS CHRISTI BUSINESS ALLIANCE CONSOLIDATED ALLIANCE BUDGET NOTES BUDGET AUGUST 1 1998 - JULY 31 1999 1 New member dues A new Membership campaign is anticipated in the spring, along with an Econom'c Development membership campaign that will replace the Marketing Campaign. L In addition, the membership department anticipates 15 new members per month outside of the official campaign 2 Hotel/Motel Fees Per the City contract $2,029,999 has been allocated to the CVD. In addition, we are receiving $110,000 in City funds. 3 Cooperative Promotion Previously this line item represented subsidies received from hotels/motels when conventions were booked through the CVD. In addition, marketing coop program receipts were booked to this account. Beginning with the new fiscal year, only true coop funds will be credited to this account. Subsidies will be shown net against convention costs. 4 Program Income Legislative weekend is run every other year. Corpus Christi Day in Austin will be funded via cooperative promotions. 5 Sports Foundation This is a new program 6 Revenue Each of the three entities have been asked to increase their City/Port/County support of the economic development department to reflect inflation in the CPI since the last adjustment. 7 Special Events Income The membership department anticipates producing a fourth special event in the next fiscal year. 8 Web/Phone Sales New membership program - members will be able to advertise their location and services using both the Internet and a telephone directory system. 9 Interest Earned Because of the use of the CVD reserves - our cash reserves will not earn the same level of interest this coming year. 10 Salaries/Benefits Includes new VP of CVD, Latin Market specialist , plus membership commissions. 11 Acct/Legal/Professional We do not anticipated the same level of recruitment costs 12 Advertising Please see the Latin market budget 13 Capital Equipment Purchase of Pentium computers Computer/Supplies etc. Upgrade of software for Windows/Year 2000 compliance 1 Page 1 notes 14 Community Relations Joint programs r gmswith local elected officials and economic leaders.151Commissions Anticipated commissions have been budgeted for under salaries 16 Convention Services 17 Festivals 18 Marketing Contingency 19 Monterrey Office Exp.. 20 Postage/Freight 21 Sales Promos Trade Shows Travel/Entertainment 22,SBDC Expenses 24 Cost of providing support to conventions. Please see note #3 This is now included in the line item - Event hosting Iota . � I This will allow the CVD to make use of unanticipated opportunities that arise during the year. CVD portion budgeted for under Latin Market line item. Includes anticipated European postage costs, and mail programs not fully utilized this year. T The CVD will realign their accounts so that only two "travel and entertainment" accounts are used, one for local and one for outside the Corpus Christi area. The SBDC is a self balancing budget. Grant reimbursements (including the Alliances support) are based on actual expenses. Washington Rep Meyers and Associates increased contract cost and support costs. T Austin Info. System New program 25 CVD Reserved Funds These are board approved one time expenditures as listed below Tex Mex House 119,000 ERA Contract 85,000 Video Fly By 40,849 Computer Upgrade 40,000 284,849 Page 2 GREATER CORPUS CHRISTI BUSINESS ALLIANCE CONVENTION & VISITORS DEPARTMENT BUDGET 98/99 Final 98/99 Revenue -T Budget ! Hotel/Motel Tax per contract I 2,029,999 Partnerships with local Hotels/Att actions i 25,000 Non City Co-op Funding 75,000 Additional Support Required 110,000 2,239,999 Expenses Salaries & Related Benefits 889,553 Includes new Vice President Position Salaries & Related Benefits - Latin Mrk. 51,936 New Focus, sales manager plus support Salaries & Related Benefits - Add I Staff 15,000. Executive Assistant 50% Salary & Related Expenses 956,489 12,000 Audit Fee $4.5K, Legal bills est. $5K, Recrui ment fees etc. 270,422 New media plan (draft notes attached), see add'I Latin market budget 4,000 Mo nthly uu mg Boa d, Exec fve, & Council Meet s 15,000 Past exp. incl. Clean Bay/Asian Cultures museum/Columbus Fleet 20,000 Beach to Bay guides, Multi Cultural Brouchers, Qrtly Calendar Events etc. 50,000 Transport/Banners for conventions etc. 15,000 Program of Work, Presentation Folders, Postcards, Posters, Newsletter 18,000 IACVB, TIIA, TIA, NTA, Trade Associations etc. 21,000 Faxes/Copiers/Phone/Postage machine/Alarm syst etc. Acctg/Legal/Professional Advertising Media Board of Directors Community Relations_ Collateral Printing Convention Serv/Transportation Copying/Printing Dues & Subscriptions Equipment Lease & Rental Equipment Repairs & Maint Event Hosting Local/Festivals Fams/Site Inspections Guarantor Expense Insurance Latin Market Marketing Contingency Misc. Expense Meeting/Seminar Expense Office Supplies Postage/Freight Promotional Merchandise Utilities/Building Maintenance Direct Sales/Trade Shows - out of town Sparkler Expense ' Staff Dev/Education T _ Subcontracts Telephone( Travel/Entertainment In town Operating Expenses Total Expense t Net Income/(Expense) 12,000 Maint. agreements 75,000 Special Events (e.g. Volley Ball/Powerboat races/Windsurf/Columbus Day) 20,000 Meeting Planners, Tour Operators, Travel Writers, Magazine editors, etc. 131,963 Columbus Fleet Bond Guarantee 10,000 Umbrella, Directors, Fidelity Etc. 191,125 See separate plan 20,000Trade Shows etc, not originally identified 8,0001 3,000 Tourism Education for local industry 16,000 Photocopier paper/letterhead/pens/folders etc. 60,000 Includes International Postage (non Mexico) 18,000 Tourism/Sales amenities, VIP gifts, Trade show promotional items 35,000 Utilities, Building Maintenance, etc. 150,000 Travel & Ent. costs - Texas, Midwest, Nth Central, Canada, Europe etc 8000 Volunteer Sparkler recognition & Expenses 20,000 IACVB, TIA, PCMA programs 15,000 European Program/Marketing Consultants 50,000 Includes European calls 15,000 1,283,510 2,239,999 Filename (tab): CVDBUD98.XLS (summ) Page 1 of 1 Print Date/Time: 8/12/98 / 1:24 PM GREATER CORPUS CHRISTI BUSINESS ALLIANCE CVD BUDGET - Latin Market Program BUDGET YEAR 98/99 The Latin Market budget includes: Domestic Hispanic Meetings & Conventions, Leisure & Convention Visitors from - Mexico' - Central America - South America Expenses Salaries & Related Benefits Advertising Media Copying/Printing Monterrey office 50% Alliance share Sales Missions/trade Shows - out of town 'Subcontracts - Hispanic Chamber'. Subcontracts - Other Telephone) Operating Expenses Total Expense Final 98/99 Budget 51,96 Full time Manager + Support staff 35,000 Media Plan 15,000 Translations etc. 16,125 Shared support of Monterrey Office 25,000 Travel & Entertainment Expenses 48,000 Hispanic Trade Asso. Meetings/Conventions 40,000 Additional contractual assistance 12,000 "800" number from Mexico, Long distance calls, etc. 191,125 1 243,061 Filename (tab): CVDBUD98.XLS (Mexsumm) Page 1 of 1 Print Date/Time: 8/12/98 / 1:25 PM 201 GREATER CORPUS CHRISTI BUSINESS ALLIANCE ADMINISTRATION BUDGET YEAR 98/99 Revenue Account # Description Relocation Pkg sales Rental Income _ 1-000 Royalty Income Interest Income Misc 427-201-000 435-201-000 _L436-201-000 98/99 Budget Specific Description 8,000 0 Prior to sale of building ? Still trying to confirm 6,0001Cash reserves low CIL Total Income from Operations 14,000 501-201-000 Salaries 146,411 ,502-201-000 FICA Contributions 11,200 503-201-000 Unemployment Contributions 730 504-201-000 Insurance/Personnel Benefits 10,342 505-201-000 Pension Contributions 10,249 506-201-000 Pre -Tax Deductions (5,000) Pymts from 408/41.0 Total Salaries & Related Expenses 173,932 :Operating Expenses 701-201-000 Acct./legal/professional 1703-201-000 Advertising 706-201-000 Ambassador expenses 711-201-000 Bank charges 713-201-000 Board of Directors 714-201-000 Capital Equipment 715-201-000 Commissions_ 716-201-000 Community Relations 717-201-000 Computer/supplies/maint. 1718-201-000 Collateral printing 1719-201-000 Contributions 720-201-000 Copying/printing 722-201-000 Depreciation 724-201-000 Dues/subscriptions 727-201-000 728-201-000 730-201-000 738-201-000 743-201-000 755-201-000 760-201-000 762-201-000 765-201-000 775-201-000 Equipment lease/rental Equipment Repair/Maint Event Hosting Local Insurance Miscellaneous expenses Monterrey Office Expenses Office supplies Photography Postage/freight Rent/Utilities/Maint. 769-201-000 Program costs 777-201-000 Seminar Expenses 781-201-000 Special Event Expense 782-201-000 Staff dev/education 783-201-000 Suspense 784-201-000 Subcontracts 785-201-000 Telephone 786-201-000 Trade shows L 10,000 Audit/Payroll/Legal 0 0 800 1,200 12,000 New Computers 0 482 2,000 2,000 0 500 0 2,500 CEO, CEO 11,000 Copiers/Fax/Phone etc. 3,000 250 -. _.,.. 10,000 5,000 0 7,500 0 4,000 Relocation Pkgs 20,000 0 0 0 1,200 0, 12,000 0 t Page 1 201 98/99 Account # Description Budget Specific Description 790-201-000 Travel/ent./meals 3,000' 796-201-000 , SBDC Support 0 796-201-000 !Military Affairs Support 25,000 798-201-000 !Tsf to other depts 0 Total Operating Expenses 133,432 Total Salaries and Operating Expenses 307,364 I Net Revenue/(Loss)' (293,364)'. Page 2 202 GREATER CORPUS CHRISTI BUSINESS ALLIANCE MEMBERSHIP BUDGET YEAR 98/99 Revenue 98/99 Account # Description Budget Specific Description _ 410-202-000 Renewed Dues -BSE 382,604 411-202-000 New Member Dues 85,733 $5,819 per mth membership drive, $3,750 mth new memebrs 413-202-000 New Memebr Admin Fees 1 4,500 $25 per member * 15 New Membership Drive 2/99 25,000 Recog. 6/12 mths 429-202-000 Movers Lists 2,500 20 lists, 22 sold in 97/98 430-202-000 Label Sales 2,400 16 units, 15 sold 97/98 441-202-001 Special Evt - Buy the Bay 76,500 Est 1997/8 Sept. 441-202-002 Special Evt - Annual Bang. 72,000 Est 1997/8 Jan. r 441-202-061 Special Evt - Golf Tournament 69,955 Est 1996/7 July 441-202-000 Special Evt - TBD 70,000 Apr -99 441-202-008 Special Evt - Connections/BF 1 6,000 FY97/98 $10452 Web Site Sales 20,000 Approx. 400 @$50 Phone Directory Sales 28,850 Misc Income 0 445-202-000 Map Commission 5,000 Maps members ads. Total Income from Operations 851,042 501-202-000 Salaries 119,206 502-202-000 FICA Contributions 9,119 503-202-000 Unemployment Contributions 681 504-202-000 Insurance/Personnel Benefits 9,478 505-202-000 Pension Contributions 6,844 506-202-000 Pre -Tax Deductions 01 Total Salaries 8 Related Expenses 145,329 Operating Expenses 701-202-000 Acct./legal/professional 0 t '703-202-000 Advertising 9,300 SWB bus. bags, Co-op TV ads, Banners, Newspapers 706-202-000 Ambassador expenses 0, 711-202-000 Bank charges 713-202-000 Board of Directors 715-202-000 Commissions 716-202-000 Community Relations 717-202-000 Computer/supplies/maint. 718-202-000 Collateral printing 00 Copying/printing 720-202-0 724-202-000 Dues/subscriptions 727-202-000 Equipment lease/rental 743-202-000 Miscellaneous expenses 760-202-000 Office supplies 762-202-000 Photography 765-202-000 Postage/freight 769-202-000 Program costs 777-202-000 Seminar Expenses 781-202-000 Special Event Expense 781-202-000 ,Special Event Buy the Bay 781-202-000 Special Event Annual Banquet 781-202-000 Special Event Golf Tourn. 781-202-000 Special Event TBD 781-202-000 Special Event Connections 781-202-000 Special Event Membership Dr. 1 781-202-000 New Membership Drive 2/99. 782-202-000 Staff dev/education 783-202-000 Suspense 0 600 'Directors Council Meetings 0 Included in Salaries 0 12,000 New Computers 9,000 Socios cost $1,500 6 times pa 615 Membership Forms etc 1,000 Networking Possibilities 250' 0+ 1,700 Labels, supplies etc. 500 Ribbon cuttings etc. 7,000 Socios, Billings etc. 0 0 0 25,239 1997/98 expenses 25,094 1997/98 expenses 34,070 Est for 1997/1998 30,000 Apr -99 _ 6,000 15,610 Known Expense 7,500 Exp + Comm 6/12 4,000 CC sol, Mrk/Sales tr. 0, Page 1 202 Account ft Description 785-202-000 Telephone 786-202-000 Trade shows 790-202-000 Travel/ent./meals Total Operat ng Expenses 98/99 Budget Specific Description 2,127 Long Dist./Mobile phone 500 2,500 194,605, Total Salaries and Operating Expenses 339,9341 1Net Revenue/(Loss) 511,108 1 Page 2 203 GREATER CORPUS CHRISTI BUSINESS ALLIANCE GOVERNMENT AFFAIRS BUDGET YEAR 98/99 Revenue 98/99 Account # Description 419-203-000 Coop Promo Govt Affairs Reception CC Day In Austin 437-203-000 Program Income 443-203-000 Washington Rep Budget Specific Description 34,000 5,000 T9,000 75,000 $6,250 x12 Total Income from Operations 123,000 501-203-000 Salaries 55,000 502-203-000 FICA Contributions 4,208 503-203-000 Unemployment Contributions 255 504-203-000 Insurance/Personnel Benefits 3,599 505-203-000 Pension Contributions 2,850 506-203-000 Pre -Tax Deductions 0 LTotal Salaries & Related Expenses 65,912 Operating Expenses 701-203-000 Acct./legal/professional 703-203-000 Advertising 706-203-000 Ambassador expenses 711-203-000 Bank charges 713-203-000 715-203-000 716-203-000 717-203-000 718-203-000 720-203-000 724-203-000 727-203-000 730-203-000 Board of Directors Commissions Community Relations Computer/supplies/m a i n t. Collateral printing Copying/printing 743-203-000 745-203-000 760-203-000 762-203-000 765-203-000 769-203-0 769-203-0 777-203-0 781-203-000 785-203-000 790-203-000 797-203-000 Dues/subscriptions Equipment lease/rental Event Hosting Misc Expense Meeting Expense Office supplies Photography Postage/freight 32 Program costs 00 Program costs 00 Seminar Expenses Special Event Expense Telephone Travel/ent./meals Washington representation Total Operat ng Expenses 3,000 3,500 Computers 5,000 450 2,000 500 1,300 500 1,500 30,000 CC Day In Austin 13,000 .Issues Briefings 1,000 3,000 10,550 1 96,120 $6,810 x12 + expenses 171,420 Total Salaries and Operating Expenses Net Revenue/(Loss) 237,332 (114,332) Page 1 204 GREATER CORPUS CHRISTI BUSINESS ALLIANCE EDUCATION DEPARTMENT BUDGET YEAR 98/99 4 Revenue fi Account # (Description 421-204-000 Sponsorship 431-204-000 Contributions 432-204-000 Meeting Income 98/99 Budget Specific Description 6,000 Texas Scholars 2,000 5th Dimension 1,600 Total Income from Operations 9,600 501-204-000 502-204-000 503-204-000 504-204-000 505-204-000 Salaries 40,000 FICA Contributions 3,060 Unemployment Contributions 170 Insurance/Personnel Benefits 2,413 Pension Contributions 233 1/12 pension only 506-204-000 Pre -Tax Deductions 0 Total Salaries & Related Expenses 45,877 Operating Expenses _ 701-204-000 Acct./legal/professional 717-204-000 Computer/supplies/maint. Collateral printing Copying/printing Dues/subscriptions Food & Beverage Equipment lease/rental Misc Meeting Expense Office supplies Photography Postage/freight Program costs 718-204-000 720-204-000 724-204-000 733-204-000 727-204-000 743-204-000 745-204-000 760-204-000 762-204-000 765-204-000 769-204-000 769-204-0 783-204-00 0 00 Program costs Suspense 784-204-000 Subcontracts 785-204-000 Telephone 790-204-000 Travel/ent./meals Total Operating Expenses Total Salaries and Operating Expenses Net Revenue/(Loss) 1,500 New Computer 1,200 3,100 Graduation Certs & Newsletter 4001 1, 000 1,200 ABEC Lunch Meetings 1,000 i Incudes grant writing expenses • 1,494 Newsletter • 9,250 5th Dimension 6,350 Texas scholars 834 5,500 Educational Conferences & Grant writing seminars 32,828 78,705 (69,105) Page 1 Greater CC Business Alliance 1998/99 Budget Report GREATER CORPUS CHRISTI BUSINESS ALLIANCE BUSINESS RECRUITMENT & RETENTION BUDGET YEAR 98/99 Revenue Account # 410-301-000 4- _ Final 98/99 Description Budget Amt Specific Description Renewed Dues-BRR 44,672 Trustee Program 411-301-000 New member dues 415-301-000 Business Dev. Mkg. Campaign 42,425 To Be Developed Walmart Trustee 4,000 HEB Trustee 10,000 Additional Trustees 63,675 438-301-000 Revenue -City of CC 275,000 Paid quarterly Revenue -City of CC CPI 439-301-000 Revenue-Nueces County Revenue-Nueces County CPI Revenue -Port of CC Revenue -Port of CC CPI 443-301-000 Washington Representation Sponserships/Program Inc. 447-301-000 Tsf Funds from BSE Total Income from Operations 440-301-000 0 Add'I Fds Requested 80,000 Paid quarterly 7,200 Add'I Fds Requested 104,500 Paid quarterly 15,675 Add'I Fds Requested 0 Washington Rep - 0 - moved to Govt Aff. 0 647,147 501-301-000 Salaries 303,471 502-301-000 FICA Contributions 23,216 503-301-000 Unemployment Contributions 1,276 504-301-000 Insurance/Personnel Benefits 18,116 505-301-000 Pension Contributions 20,243 506-301-000 Pre -Tax Deductions Total Salaries & Related Expenses 366,322,. Operating Expenses 701-301-000 Acct./legal/professional 703-301-000 Advertising 709-301-000 Auto expense 711-301-000 Bank charges 713-301-000 Board of Directors 714-301-000 Capital equipment 716-301-000 Community Relations 717-301-000 Computer/supplies/maint. 718-301-000 Collateral printing 719-301-000 Contributions -r 100 _., t 720-301-000 Copying/printing L 1,200 Remove Meyers 724-301-000 Dues/subscriptions 5,000 AEDC, Rotary, CCTC, Harvard Bus Review, TEDC 727-301-000 Equipment lease/rental 12,000 Copiers/Phone system/Mail Equip. 728-301-000 Equipment repair/maint. 0 730-301-000 Event hosting local 0- -- 732-301-000 Fam/site inspection 3,000 733-301-000 Food & Beverage 0 738-301-000 Insurance general 9,000 743-301-000 Miscellaneous expenses 4,106 1745-301-000 Meeting expenses 4,000 Receptions etc. 755-301-000 Monterey office expenses j 5,375 760-301-000 Office supplies 9,000 Copier Paper, etc. 762-301-000 Photography I 1,500 765-301-000 'Postage/freight _I 6,600 769-301-000 1Program costs Econ. Summit 1 500 Economic Summit 10, 0004Aud it/Leg al/Pay ro l l 16,525 0 0 1,200 Cost of Board meet. �I 0 10,000 22,000 Computer Upgrades 13,050 Economic Overview $7,650 & Bay Area Tri Fold $5,400 Greater CC Business Alliance 1998/99 Budget Report l Account# _769-30 1769-3 '775-301-000 777-3 782-301-000 784-301-000 !,784-301-000 785-301-000 786-301-000 0-301-000 796-301-000 797-301-00 0 Description 1-000 Program costs 01-056 Target Industry weekend Rent/uts/bldg. maint. 01-000 Seminar expenses Staff dev/education Subcontracts Hispanic Chambe Subcontracts Telephone Trade shows Travel/ent./meals Tsf Cash Match 450/451/452 Washington representation _ Austin Information Service Total Operating Expenses Total Salaries and Operating Expenses 98/99 Budget Amt Specific Description 10,000 0 18,000 ElectriciWater/Grds Maint/Gen Maint. 500 4,000 _-- _- 6,000 Hispanic Chamber $500 pm 12,900 WEDA/TIP 10,100 2,000 ----- _. 22,1699_-- __ 37,000 Support for SBDC 0 Meyers Trf to Govt Affairs 24,000 280,825 _-- - 647,147'1 Net Revenuel(Loss) 0 408 GREATER CORPUS CHRISTI BUSINESS ALLIANCE LEADERSHIP - ALUMNI BUDGET YEAR 98/99 Revenue Account # Description 410-408-000 Membership Dues 426-408-000 Participant Fees Total Income from Operations -r 98/99 Budget Specific Description 12,500 LCC & Insight 720 Lunches 13,220 501-408-000 Salaries 502-408-000 FICA Contributions 503-408-000 Unemployment Contributions 504-408-000 Insurance/Personnel Benefits 505-408-000 Pension Contributions 506-408-000 Pre -Tax Deductions Total Salaries & Related Expenses Operating Expenses 708-408-000 Advertising 718-408-000 Collateral printing 720-408-000 727-408-000 733-408-000 743-408-000 760-408-000 762-408-000 765-408-000 769-408-000 777-408-000 785-408-000 790-408-000 799-408-000 Copying/printing Equipment lease/rental Food & Beverage Miscellaneous expenses Office supplies Photography Postage/freight Program Costs Seminar Expenses 0 0 0 0 0 0 0, 500 3,305 Newsletter & Directory 150 1,170 3,700 incl $2.5K pyt GCCBA 192 0 1,160 Leadership Link 0 5,300 ATLP/NACL Telephone 108 Travel 0 Awards & Gifts 385 Total Operating Expenses 15,970 Total Salaries and Operating Expenses 15,970 Net Revenue/(Loss) (2,750), Page 1 410 GREATER CORPUS CHRISTI BUSINESS ALLIANCE LEADERSHIP - CURRENT 27 BUDGET YEAR 98/99 Revenue Account # 421-410-000 426-410-000 431-410-000 444-410-000 Description Sponsorships Participant Fees Contributions Application Fees 98/99 Budget 2,500 15,000 1,000 800 Specific Description Total Income from Operations 19.300 501-410-000 Salaries 502-410-000 FICA Contributions 503-410-000 Unemployment Contributions 504-410-000 Insurance/Personnel Benefits 505-410-000 Pension Contributions 506-410-000 Pre -Tax Deductions Total Salaries & Related Expenses 1 Operating Expenses 704-410-000 Advertising 718-410-000 Collateral printing r720-410-000 Copying/printing 724410-000 Dues & Subscriptions 727-410-000 Equipment lease/rental 733-410-000 Food & Beverage 23,805 1,821 170 2,344 666 0 28,807 500 500 1,560 630 743-410-000 Miscellaneous expenses 5,900 760-410-000 Office supplies 600 762-410-000 Photography 400 765-410-000 Postage/freight 360 769-410-000 Program Costs 6,300 777-410-000 Seminar Expense 5,300 785-410-000 Telephone 0 790-410-000 Travel 799-410-000 Year End Awards Total Operating Expenses 22,050 Total Salaries and Operating Expenses 50,857 Net Revenue/(Loss) (31,557) Page 1