Page 125 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget
P. 125

FIVE YEAR FINANCIAL FORECAST
            ALL MUNICIPAL FUNDS


                                                                 ESTIMATED  PROPOSED  1      2       3       4
                           DESCRIPTION                            FY 17- 18  FY 18- 19  FY 19- 20  FY 20- 21  FY 21- 22  FY 22- 23

                               SPECIAL REVENUE FUNDS



            FUND 220 - VISITORS ASSOCIATION FUND
            Hotel Tax ( Marriott)                          1.00%   779, 720  779, 720  795, 392  803, 346  811, 380  819, 494
            Hotel Tax ( Deloitte)  Match Fund 210 #        1.00%    36, 982  36, 982  32, 640  32, 640  32, 640  32, 640
                                                       Base Hotel Tax  816, 702  816, 702  828, 032  835, 986  844, 020  852, 134
            Deloitte  Abatement  Ends 01- 01- 23         hard coded   0        0        0       0       0     32, 640
            Entrada  Hotel 1                             hard coded   0        0     300, 000  600, 000  600, 000  600, 000
            Entrada  Hotel 2                             hard coded   0        0     300, 000  600, 000  600, 000  600, 000
            Blizzard  Hotel                              hard coded   0        0             300, 000  600, 000  600, 000
                                                 Additional  Commercial  Tax  0  0   600, 000  1,500, 000  1,800, 000  1,832, 640
            Total Hotel Occupancy  Tax                             816, 702  816, 702  1,428, 032  2,335, 986  2,644, 020  2,684, 774
            Interest  Income                               1.00%    14, 606  14, 606  14, 250  14, 250  14, 250  14, 250
            Community  Tree Lighting                       1.00%    3,675    3,675    2,675   2,756   2,784    2,811
            Insur Refund/ Equity Return                    1.00%     437      437      852     860     869     878
            Dept 10 -  General  Service  Revenues                   18, 718  18, 718  17, 777  17, 866  17, 903  17, 939
            Membership  Fees                               1.00%    1,775    1,775    1,775   1,775   1,775    1,775
            Special Events Revenue                         1.00%    3,250    3,250    3,250   3,250   3,250    3,250
            Special Events Revenue                         1.00%    2,550      0        0       0       0        0
            Sponsors  Car Show                             1.00%    2,000      0        0       0       0        0
            Sales of Printed Material                      1.00%     200      200      200     200     200     200
            Sponsors                                       1.00%    3,000    3,000    3,000   3,000   3,000    3,000
            Misc Revenue                                   1.00%     250      250       0       0       0        0
            Dept 24 -  Historical  Board Revenues                   13, 025  8,475    8,225   8,225   8,225   8,225
            Total Revenues &   Transfers  In                       848, 445  843, 895  1,454, 034  2,362, 077  2,670, 148  2,710, 938
            Operating  Xfr Out to GF for Payroll Costs     1.00%(  518, 510)(  555, 167)(  560, 719)(  566, 326)(  571, 990)(  577, 709)
            Auditor                                        1.00%(   7,250)(  7,250)(  7,323)(  7,396)(  7,470)(  7,544)
            Community  Services                            1.00%(    133)      0        0       0       0        0
            Marriott Marketing                             1.00%(   50,000)(  50,000)(  50,500)(  51,005)(  51,515)(  52,030)
            Marriott Transportation                        1.00%(   80,000)(  80,000)(  80,800)(  81,608)(  82,424)(  83,248)
            Marketing &  Promotions                        1.00%(   7,500)(  7,500)(  7,575)(  7,651)(  7,727)(  7,805)
            Application  Software Maint.                   1.00%(   1,950)(  1,950)(  1,970)(  1,989)(  2,009)(  2,029)
            Community  Tree Lighting                       1.00%(   11,762)(  11,762)(  11,880)(  11,998)(  12,118)(  12,240)
            Audio/ Visual                                  1.00%(    250)(    250)(    253)(   255)(   258)(   260)
            Dues &  Subscriptions                          1.00%(    125)(    125)(    126)(   128)(   129)(   130)
            Dept 10 - General Service Expenditures (               677, 480)(  714, 004)(  721, 144)(  728, 356)(  735, 639)(  742, 996)
            Office Rent                                    0.00%(   50,250)(  70,295)(  72,475)(  74,670)(  76,245)(  76,935)
            Telephone  Service                             1.00%(    624)(    624)(    630)(   637)(   643)(   649)
            Internet Expense                               1.00%(   2,195)(  2,195)(  2,217)(  2,239)(  2,262)(  2,284)
            Electric Service                               0.00%(   7,500)(  7,500)(  7,500)(  7,500)(  7,500)(  7,500)
            Dept 10 - Rent &  Utilities Expenditures (              60,569)(  80,614)(  82,822)(  85,046)(  86,649)(  87,368)
            Contract Services                              0.50%(   52,709)(  52,709)(  52,973)(  53,237)(  53,504)(  53,771)
            Community  Services                            0.50%(   13,401)(  13,401)(  13,468)(  13,535)(  13,603)(  13,671)
            Masterworks                                    0.50%(   5,750)(  5,750)(  5,779)(  5,808)(  5,837)(  5,866)
            Marketing &  Promotions                        0.50%(   29,309)(  61,809)(  62,118)(  62,429)(  62,741)(  63,054)
            Community  Picnic                              0.50%(   1,170)(  1,170)(  1,176)(  1,182)(  1,188)(  1,194)
            Other Hotels Marketing                       hard coded   0        0 (   150, 000)(  375, 000)(  450, 000)(  450, 000)
            Advertising                                    0.50%(   20,615)(  20,615)(  20,718)(  20,822)(  20,926)(  21,030)
            Special Community  Events                      0.50%(   7,239)(  7,239)(  7,275)(  7,312)(  7,348)(  7,385)
            Dues &  Subscriptions                          0.50%(   5,794)(  5,794)(  5,823)(  5,852)(  5,881)(  5,911)
            Postage &  Supplies                            0.50%(    139)(    139)(    140)(   140)(   141)(   142)
            Printing                                       0.50%(   1,154)(  1,154)(  1,160)(  1,166)(  1,171)(  1,177)
            Dept 22 - Communication  Expenditures (                137, 280)(  169, 780)(  320, 629)(  546, 482)(  622, 339)(  623, 201)

            Website Development/  Maint.                   0.00%(     10)      0        0       0       0        0
            Office Supplies                                0.00%(     10)(    10)(     10)(     10)(    10)(    10)
            Car Show Expenses                              0.00%(   5,825)(  5,825)(  5,825)(  5,825)(  5,825)(  5,825)
            Town Historical  Board Expense                 0.00%(   2,075)(  2,075)(  2,075)(  2,075)(  2,075)(  2,075)
            Dept 24 -  Historical  Board Expenditures (             7,920)(  7,910)(  7,910)(  7,910)(  7,910)(  7,910)










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