Page 190 - Fort Worth City Budget 2019

Special Revenue Fund

HORIZON ISSUES

On the horizon the Department continues to deal with aging facilities and the enormous unplanned repair and
maintenance costs. The goal is to maintain the fiscal strength and stability through long-term financial planning
as careful stewards of the funds.

While the Pioneer Tower is being renovated, Cattle Barn One is also receiving a major renovation along with the
campus getting a new Chiller and campus wide technology. Downtown, the Convention Center Ballroom will
benefit from a new LED lighting system which will give clients more control and versatility while saving energy.

The expansion of the Convention Center and the financial ability to start that process will be an upcoming major
decision. The opening of the Dickies Arena adjacent to the Will Rogers Memorial Complex is anticipated to help
attract new events to Fort Worth.

The excitement builds with new events coming to both facilities in FY2019. Will Rogers will host the Country Music
Awards, Disney Jr. Dance Party, the Fort Worth Symphony and AQHA Select World Show.

The Convention Center will host the Texas Municipal League with an estimated attendance of 3,000 people with
4,000 room nights and bring an estimated economic impact of $6.42M; as well as the Hematology Oncology
Pharmacy Association 2019 Annual Conference, with 1,300 people with over 1,600 room nights and an estimated
economic impact of $1.33M.

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