Page 104 - Hurst Adopted FY22 Budget
P. 104
APPROVED FISCAL YEAR 2022 BUDGET
Hurst Conference center
The Hurst Conference Center (HCC) opened in September 2010. The HCC is the focal point
of the Hurst Town Center and the Transforming Hurst Redevelopment Program. HCC is a
state-of-the-art facility that is conveniently located in the heart of the DFW Metroplex.
Situated steps from hotel accommodations, the facility has over 50,000 square feet of
event space, a premier Executive Boardroom and outdoor area boasting cozy fireplaces
and a relaxing water feature. Together with well-appointed finishes, technologically
advanced amenities and exceptional on-site food service, audio-visual, IT and conference
services, HCC is an ideal location for meetings, trade shows and events welcoming up to
HURST CONFERENCE CENTER FUND
REVENUE AND EXPENDITURES
EST. FUND BALANCE OCTOBER 1, 2021 $1,100,000
REVENUES
Catering $ 1,549,152
Building Rent 852,916
(Costs of Goods Sold) (433,000)
Concessions/Beverage Sales 122,446
Reimbursed Wages 11,208
Equipment Revenue 174,745
Service Fee 244,761
Miscellaneous 17,144
TOTAL REVENUES $2,539,372
TOTAL FUNDS AVAILABLE $3,639,372
EXPENDITURES
Personnel Services $1,583,963
Materials & Supplies 64,685
Maintenance 132,058
Sundry 685,085
Indirect Cost Allocation General Fund 60,000
Indirect Cost Allocation IT 20,000
Capital Outlay 0
TOTAL EXPENDITURES $2,545,791
Less Depreciation $54,374
EST. FUND BALANCE AT SEPTEMBER 30, 2022 $1,147,955
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