Okaloosa County BOCC — May 8, 2015 — Agenda Packet — reading text

6,500 400 Provides an historic park venue for events and tours A-8 New "Early Family" History Exhibit - Swing Frame 1,500 100 Allows advertising of and access to early history of Destin A-11 Artifact Processing Room w/Inventory System 3,500 N/A Continue to expand/improve & track exhibits A-12 Expand Destin Fishing Rodeo Exhibit 3,500 250 Dedicate a section of Museum to this event/advertise exhibit B-13 Broaden Advertising & Promotion 10,000 1,000 Establish an advertising program with media/hotels/travel agencies A-14 HisTOURical Walking Tour in Harbor Boardwalk 7,500 300 Provide a walking tour of Destin's history on the Boardwalk Sub-Total: Projects $50,000 2,950 NOTE for INFORMATION ONLY: Unplanned 2015 Expenditures Required to Keep Museum Open I Repair/Replace Leaking, Rotted Roof $10,500 Required Net of $27,500 Expense, Less Contractor Donation & City Donation II Air ConditionerRepair/Replacement 2,900 Required System Failed III Sewer/Sump Repair 600 Required System Failed Sub-Total: Necessary Repairs $14,000 Packet Pg. 33  2.c.a DHFM Annual Financial/Budget Actual Actual Actual Actual Budget Item Yr2012 Yr2013 Yr2013 Yr2014 Yr2015 Attachment: II.c. DHFM 2015-16 TDC Request Detail (4186 : Destin History & Fishing Museum Budget Revenue Admission to Museum $24,900 $24,300 $23,858 $22,946 $23,300 Donations/Mem. to Museum 5,700 4,900 19,842 5,368 4,900 Event Income 28,850 30,600 18,380 35,103 31,429 Gift shop sales 11,400 9,500 11,050 11,597 11,300 Grant Revenue 450 6,480 6,480 8,816 18,816 Museum Memberships 9,352 5,000 5,200 2,815 2,850 Other Income/Pavers 4,800 3,500 1,126 14,299 8,000 Total Revenue 85,452 84,280 85,936 100,944 100,595 Expense Bank Service Charges 149 125 83 77 100 Credit card fees 789 789 941 859 850 Dues & Subscriptions 439 405 567 567 475 Equipment Rental 728 740 711 803 740 Event expenses 3,641 3,000 8,544 5,841 1,550 Exhibit expenses 3,726 1,800 1,136 314 1,300 Gift Shop Inv Purchases 5,772 5,400 6,941 2,528 2,700 Insurance 1,131 1,950 1,792 2,042 2,100 Museum Supplies 473 500 283 560 580 Misc./Paver/Advert. 2,395 1,500 1,321 1,488 1,150 Licenses and Permits 0 0 0 0 0 Office supplies 685 550 855 823 780 Contract Labor 0 400 0 4,690 800 Payroll Expenses 54,000 55,620 55,600 57,199 58,800 Professional Fees 155 200 44 119 200 Security System 240 240 240 240 240 Storage Unit 1,059 1,160 1,070 6,660 300 Postage & Delivery 537 525 324 464 550 Building/Lndscp Repairs 483 525 2,348 3,823 10,725 --Building Contingency 20,500 New Area Setup 8,000 Telephone/internet 1,859 1,910 2,318 2,183 2,160 Electric 4,106 4,125 2,719 3,675 3,800 Water 578 578 606 718 718 Total Utilities 4,684 4,703 3,325 4,393 4,518 Interest Expense 0 0 0 0 0 Web Hosting 355 480 369 591 500 Total Expense 83,300 82,522 88,812 96,264 119,618 Net Ordinary Income 2,152 1,758 -2,876 4,680 -19,023 Interest/Invest. Income 3,407 0 -13 0 0 Net Income $5,559 $1,758 -$2,889 $4,680 -$19,023 Packet Pg. 34