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HomeMy WebLinkAboutPACKET Town Board Budget Study Session 2009-07-28TOWNBOARDPRE-BUDGETSTUDYSESSIONTuesday,July28,20099:00a.m.Rooms20212031.2010PolicyGuidancea.ImprovementProjectPrioritiesFinancingOptionsb.TargetFundBalancesc.CommunityServicesGrantsU.EmployeeCompensationandBenefits2.PotentialRevenueSourcesa.SalesTaxIncreaseb.StormWaterandStreetUtilityc.CVBFunds3.Miscellaneous VJackieWilliamsonFrom:EPAdministration[ir3045@estes.org]Sent:Monday,July27,200910:14AMTo:JackieWilliamsonSubject:JobDoneNotice(Send)***JobDoneNotice(Send)‘I’*****************************JOBNO.1755ST.TIME07/2710:08PGS.1SENDDOCUMENTNAMETX/RXINCOMPLETETRANSACTIONOK6672527GregWhite5869561KEPL5869532TrailGazette5861691Channel86353677ReporterHerald2247899Coloradoan5771590EPNewsERROR1 CVB Transitional Picture Attached is a spreadsheet comparing the current CVB budget to the proposed 2010 CVB budget minus $829,892 in expenses shown in the current budget under the Communications Fund.These expenses now are incurred by the LMD.In 2010 the CVB will transfer four staff members to the LMD.The Town will retain the personnel expenses of those four employees within their 2010 budget. Based on the expenses and revenues in 2009 the General Fund transfer was approximately $1,951,283.In 2010 the projected General Fund Transfer is anticipated to be $1,150,098,a savings difference of $801,185 to the General Fund. The following services will be transferred to the LMD in 2010: 1)Destination Advertising 2)Destination Public Relations 3)Destination Group Sales and Marketing 4)Visitors Guide 5)Stakeholder services The CVB will retain the following services: 1)Visitor Services a.Visitor services b.Visitor center c.Information specialists d.Ambassadors 2)Event Facilities and Support a.Fairgrounds b.Parks c.Event sales and support 3)Conference Center a.Sales and marketing b.Partnership agreements CVB Department Revenues 2009 2010 2010 General Fund Transfer Difference CVB LMD Communications Revenues Investment earnings 6,000 6,120 Visitors Center Revenues Stakeholder Services 250,000 255,000 Retail (counter sales)52,763 53,818 Pepsi Sales 3,000 3,060 Visitor Guide Revenues Visitor guide sales 180,318 183,924 Group Sales &Marketing Miscellaneous 11,000 10,000 Special Events Rents 191,500 191500 General Admission 124,079 124079 Participant Fees 72,000 72000 Feed sales 90,000 90000 Miscellaneous 7,000 7000 Rents 4,000 4000 Donations 20,000 20000 Other 50,500 50500 Total Revenues 1,056,160 1,071,001 CVB Expenditures Personnel 1,038,634 1,059,406 Communications 829,892 0 829,892 Vistors Center Expenses 196,679 200,612 Vistor Guide Expenses 180,318 183,924 Group Sales &Marketing Expenses 40,142 40,944 Special Events 608,304 620,470 Conference Center 113,474 115,743 Expense Totals 3,007,443 2,221,099 General Fund Transfer 1,951,283 1,150,098 801,185 2009 CVB Organizational Chart CVB Dirctor Fairgrounds Event Manager I I Group Sales Marketing Manager Visitor $Mces Coorthnator L (2)Informations Specialists (3)seasonal Staff 12 Fulltime Employees (FTE’s) o (1)Executive Director (Pickering 19 YOS/PERA) o (1)Events Manager o (1)Group Sales Manager o (1)Communications Manager (Marsh 18 YOS/PERA age eligible for retirement) o (1)Stakeholder Services Coordinator o (1)Fairgrounds Foreman (Vacant) o (1)Event Support Coordinator o (1)Fairgrounds Supervisor o (1)Communications Coordinator o (1)Visitor Services Coordinator o (1)Information Specialist o (1)Information Specialist 6 Seasonal Employees o (3 Seasonal employees)Fairgrounds o (3 Seasonal employees)Visitor services Fairgrounds Foreman I I I I Fairgrourids Supervisor ommunication Manager C EventSupport Coordinator Stakeholder Services Coordinator (3)Sea 5ona( Staff ommunicaUon Coordinator 1 2010 Proposed CVB Organizational Chart B Director I I Viitor5ervices Coordinator EvOnt Facilities and Stpport Manager -Conference Center (vacant) I I I I I I (2)Informations Specialists (3)seasonal Staff Event Support Coordinator Fairgrounds Supervisor Event Support Coordinator Fairgrounds Foreman •8 Fulltime Town Employees (FTE’s) o (1)Executive Director (Pickering 19 YOS/PERA) o (1)Events Manager o (1)Fairgrounds Foreman (Vacant) o (1)Event Support Coordinator o (1)Fairgrounds Supervisor o (1)Visitor Services Coordinator o (1)Information Specialist o (1)Information Specialist •6 Seasonal Employees o (3 Seasonal employees)Fairgrounds o (3 Seasonal employees)Visitor services •4 Fulltime Employees LMD o Destination Advertising o Destination Public Relations o Destination Group Sales and Marketing o Stakeholder Services &Visitors Guide