Okaloosa County BOCC — December 5, 2012 — reading text

TN CO FL FL Ohio OH NB NY NC MS MS MN Maryland Mass GA GA IO IL IL LA IN LA IN KY KY Total number of Players ‐1104 Total number of Players ‐733  Economic Impact 2012 ECVW ECFC Total Players 1,104 733 1,837 Total Group 2,204 1,433 3,637 Room Nights sold 2,668 1,612 4,280 Room Nights Revenue $533,600 $322,425 $856,025 Bed Tax Collections $26,680 $16,121 $42,801 Total Revenues Room Nights Revenue $533,600 $322,425 $856,025 Dining and Groceries $383,760 $290,183 $673,943 Entertainment $266,500 $128,970 $395,470 Transportation $30,760 $19,346 $50,106 Incidentals $ 123,000 $ 77,382 $ 200,382 Total Economic Impact $1,337,620 $838,306 $2,175,926  Benefits of Sponsorship • Logo with link on four pages on For 2012 Total visits: 232,151 Unique Visitors: 81,474 Total Page visits: 2,505,004 Current view of homepage  Benefits of Sponsorship (cont) • Logo with prominent placement on registration letter mail out. ‐ 8,000 registration letters mailed out yearly. • Logo with prominent placement on welcome brochures given to all participants and hotel guests. ‐ 3, 500 welcome brochures produced yearly.  Benefits of Sponsorship (cont) • Design on front of all event shirts will be used to market Tourist Development. ‐ Three t‐shirt designs will be produced this year. ‐ 3,400 t‐shirts produced last year.  Benefits of Sponsorship (cont) • Five Emerald Coast Tourist Development banners with priority placement displayed at event site throughout all events. • Rights to use Emerald Coast Volleyball events in Tourist Development marketing with prior coordination.  Summary of Benefits • Logo & link on website. • Logo on registration letter. • Logo on welcome brochures. • Front of all t‐shirts used for TD marketing. • Courtside banners displayed throughout events. • Rights to use Emerald Coast Volleyball events in TD marketing.  Cost of Sponsorship $30,000 includes all three events Estimated Tourist Development tax revenue from Emerald Coast Volleyball events in 2012 was $42,805. If revenue is the same this year this would result in a 43% Return on Investment. FY13 BUDGET DETAIL REVENUE AND EXPENSE BY PENNY TDC FUND 104, ECCC FUND 460 FIRST CENT 10/1/2012 REVENUE YEAR DEPT ACCOUNT BUDGET Est. Actual TITLE ACCT TITLE 13 1175R 312134 2,100,000 2,100,000 1ST TDT-BEACHES & PARKS TOURIST DEV TAX-1ST CENT 13 1175R 361101 - 109,400 1ST TDT-BEACHES & PARKS INTEREST ON TIME DEPOSITS 54.70% 13 1175R 389901 6,000,000 7,307,221 1ST TDT-BEACHES & PARKS BALANCES-CASH 1ST TOTAL REVENUE 8,100,000 9,516,621 10/1/2012 EXPENSE YEAR DEPT ACCOUNT BUDGET Est. Actual TITLE ACCT TITLE 13 1175 531002 10,000 10,000 1ST TDT-BEACHES & PARKS PS-OTHER ATTORNEY SVCS 13 1175 534716 1,050,000 1,050,000 1ST TDT-BEACHES & PARKS CS-BEACH RENOURISH Jim T. Why Budgeted? 13 1175 549520 54,000 63,000 1ST TDT-BEACHES & PARKS ADMINISTRATIVE CHARGES 13 1175 581702 1,569,085 SA TDT-BEACHES & PARKS CITY OF DESTIN BAL 8m Destin Project 13 1175 599010 4,812,888 4,291,273 1ST TDT-BEACHES & PARKS RESERVE/CASH CARRYFORWARD 13 1175 599090 2,173,112 2,533,263 1ST TDT-BEACHES & PARKS RESERVE FOR CONTINGENCIES 1ST TOTAL EXPENSE 8,100,000 9,516,621 1ST OVER/UNDER - - 10/1/2012 MSBU BUDGET Est. Actual REVENUE 13 1176R 325213 390,473 390,473 SA TDT-BEACHES & PARKS BEACH RESTORE ASSESSMENT 13 1175R 361101 - 18,600 SA TDT-BEACHES & PARKS INTEREST ON TIME DEPOSITS 9.30% 13 1176R 384105 5,000,000 5,000,000 SA TDT-BEACHES & PARKS WEST DESTIN BEACH NOTE 13 1176R 389901 1,000,000 1,235,563 SA TDT-BEACHES & PARKS BALANCES-CASH MSBU TOTAL REVENUE 6,390,473 6,644,636 10/1/2012 EXPENSE YEAR DEPT ACCOUNT BUDGET Est. Actual TITLE ACCT TITLE 13 1176 549004 3,000 3,000 SA TDT-BEACHES & PARKS COMMISSIONS-PROP APPRAISE 13 1176 549121 - - SA TDT-BEACHES & PARKS TAX REFUNDS 13 1176 581702 4,955,000 4,955,000 SA TDT-BEACHES & PARKS CITY OF DESTIN 13 1176 591201 85,524 85,524 SA TDT-BEACHES & PARKS BT-DEBT SERVICE FUND 13 1176 599010 1,346,949 1,601,112 SA TDT-BEACHES & PARKS RESERVE/CASH CARRYFORWARD MSBU TOTAL EXPENSE 6,390,473 6,644,636 MSBU OVER/UNDER - - Page 1 of 8 FY13 BUDGET DETAIL REVENUE AND EXPENSE BY PENNY TDC FUND 104, ECCC FUND 460 SECOND CENT 10/1/2012 REVENUE YEAR DEPT ACCOUNT BUDGET Est. Actual TITLE ACCT TITLE 13 1150R 312104 2,100,000 2,100,000 TOURIST DEVELOP REVENUE TOURIST DEVELOPMENT TAX 1/2 13 1150R 361101 87,500 36,000 TOURIST DEVELOP REVENUE INTEREST ON TIME DEPOSITS 18.00% 13 1150R 361104 12,500 12,500 TOURIST DEVELOP REVENUE STATE INVESTMENT POOL INT 1/2 13 1150R 361400 - - TOURIST DEVELOP REVENUE GAIN OR (LOSS) SALE INVST 1/2 13 1150R 389901 2,000,000 2,407,567 TOURIST DEVELOP REVENUE BALANCES-CASH 1/2 TOTAL 2nd CENT REVENUE 4,200,000 4,556,067 30% 2nd CENT REVENUE 1,260,000 1,366,820 70% 2nd CENT REVENUE 2,940,000 3,189,247 EXPENSE 10/1/2012 SECOND CENT ADMIN (30%) YEAR DEPT ACCOUNT BUDGET Est. Actual TITLE ACCT TITLE 13 1152 512010 55,541 55,541 2ND TDT-ADMIN (30%) SALARIES/WAGES-FULL-TIME 13 1152 521000 4,243 4,243 2ND TDT-ADMIN (30%) FICA TAXES 13 1152 522000 2,877 2,877 2ND TDT-ADMIN (30%) RETIREMENT CONTRIBUTIONS 13 1152 523000 9,308 9,308 2ND TDT-ADMIN (30%) LIFE & HEALTH INSURANCE 13 1152 523012 - - 2ND TDT-ADMIN (30%) CONTRA L&H INS (REBATE) 13 1152 524000 150 150 2ND TDT-ADMIN (30%) WORKERS' COMPENSATION 72,119 Salary Total 13 1152 531001 51,000 51,000 2ND TDT-ADMIN (30%) PS-ATTORNEY-OTHER 13 1152 534001 398,979 398,979 2ND TDT-ADMIN (30%) CS-GENERAL FUND ADMIN Split based on Salary? 13 1152 534500 10,500 10,500 2ND TDT-ADMIN (30%) CS-PERSONNEL 13 1152 540002 900 900 2ND TDT-ADMIN (30%) TRAVEL OUT-OF-COUNTY 13 1152 540005 1,400 1,400 2ND TDT-ADMIN (30%) TRAVEL LODGING EXPENSES 13 1152 541010 450 450 2ND TDT-ADMIN (30%) COMMUNICATIONS SERVICE 13 1152 541011 3,400 3,400 2ND TDT-ADMIN (30%) CELLULAR PHONES/PAGERS 13 1152 542001 8,900 8,900 2ND TDT-ADMIN (30%) POSTAGE/FREIGHT CHARGES 13 1152 543001 11,950 11,950 2ND TDT-ADMIN (30%) UTILITIES-ELECTRIC 13 1152 543004 3,100 3,100 2ND TDT-ADMIN (30%) UTILITIES-GARBAGE 13 1152 543010 1,350 1,350 2ND TDT-ADMIN (30%) UTILITIES-WATER & SEWER 13 1152 544640 2,700 2,700 2ND TDT-ADMIN (30%) R/L-EQUIPMENT 13 1152 544644 2,245 2,245 2ND TDT-ADMIN (30%) R/L-FLEET VEHICLES 13 1152 545990 1,081 1,081 2ND TDT-ADMIN (30%) INSURANCE-OTHER 13 1152 546620 5,000 5,000 2ND TDT-ADMIN (30%) RM-FACILITIES 13 1152 546640 6,900 6,900 2ND TDT-ADMIN (30%) RM-EQUIPMENT 13 1152 546644 7,369 7,369 2ND TDT-ADMIN (30%) RM-VEHICLES-FLEET 13 1152 546645 100 100 2ND TDT-ADMIN (30%) RM-MOTOR VEHICLE 13 1152 546900 1,900 1,900 2ND TDT-ADMIN (30%) RM-TECHINCAL SUPT SERVICE 13 1152 547002 350 350 2ND TDT-ADMIN (30%) PRINTING & BINDING 13 1152 549520 63,000 63,000 2ND TDT-ADMIN (30%) ADMINISTRATIVE CHARGES 1/2 13 1152 549900 900 900 2ND TDT-ADMIN (30%) MISCELLANEOUS CHARGES 13 1152 549901 750 750 2ND TDT-ADMIN (30%) LEGAL ADVERTISING 13 1152 549906 100 100 2ND TDT-ADMIN (30%) BACKGROUND CHECKS 13 1152 551001 1,200 1,200 2ND TDT-ADMIN (30%) OFFICE SUPPLIES