Loading...
HomeMy WebLinkAbout05-13-2015 TBID B4TBID Budget Planning 2015-17 Income Source 2014-15 2015-16 2016-17 TOT Revenue Assumption 6,289,800$ 6,844,000$ 7,170,000$ TBID Assessment (20% of TOT Revenue)1,257,960$ 1,368,800$ 1,434,000$ Administration Overhead (2% of TBID Assessment)25,159$ 27,376$ 28,680$ Tourism Manager Salary (.75 FTE)78,800$ 84,686$ 89,788$ TBID Program Budget 1,154,001$ 1,256,738$ 1,315,532$ Carryover 121,500.00$ Expenditure Current Projected Projected Expenditure (section in gray)2014-15 2015-16 2016-17 Notes Contracts 914,500$ 791,950$ 5,000$ Marketing Contract 650,000$ 700,000$ contracted amount Visit San Luis Obispo County 105,000$ -$ Chamber of Commerce- Phone 28,000$ 31,000$ $31,000 request for 2015-16 RaceSLO Arch 10,000$ 5,000$ 5,000$ Helium 121,500$ -$ Chamber of Commerce- PR 48,000$ $48K PR (60% of contract) Chamber of Comm- Media Monitor 7,950$ Cover full cost for service Marketing/ Advertising -$ 8,000$ -$ SAVOR Bags 8,000$ Estimated amount for 5000 bags at $1.45 + tax & shipping Partnerships 106,500$ 113,500$ 95,000$ Cal Poly Athletics 95,500$ 95,500$ 95,000$ $35,000 in sponsorship; 605 r/n @ $100 SLO Wine 11,000$ 18,000$ $30,000 request for 2015-16 Events Promotion 107,501$ 195,000$ -$ General Events Promotion 107,501$ 195,000$ Tradeshows 30,500$ 30,500$ -$ LA/SF/SD Travel Show 25,000$ 25,000$ SAVOR Booth Build Out 2,500$ 2,500$ Tourism Conferences 3,000$ 3,000$ Tourism Organizations/Research 2,500$ 2,500$ -$ CCTC 1,000$ 1,000$ Smith Travel Report 1,500$ 1,500$ Support/ Meetings 37,500$ 86,000$ -$ Tourism Manager Expenses 2,500$ 3,000$ Digital Assest 35,000$ 8,000$ $8000 for expanded workscope Website Redesign -$ 70,000$ $70000 reccomendation from Marketing Committee FAM Trip Hosting 5,000$ Total Committed 1,199,001$ 1,227,450$ 100,000$ Funds Remaining 76,500$ 29,288$ 1,215,532$ Total 1,275,501$ 1,256,738$ 1,315,532$