Page 108 - PowerPoint Presentation

VISITOR ASSOCIATION FUND 220

Program Summary
Fiscal Year 2021/2022

Audited Adopted Revised Proposed FY 2022 Proposed FY 2022 Proposed
Actuals Budget Budget Budget vs vs
FY 2020 FY 2021 FY 2021 FY 2022 FY 2021 Adopted FY 2021 Revised

REVENUES & OTHER SOURCES
1 General Sales Tax $ - $ - $ - $ - $ - 0% - 0%

2 Hotel Occupancy Tax 349,809 378,000 228,000 428,000 50,000 13% 200,000 88%
3 Investment Earnings 7,594 3,500 1,000 3,500 - 0% 2,500 250%
4 Contributions - - - - - 0% - 0%
5 Donations - - - - - 0% - 0%
6 Misc Income 11,479 5,700 5,700 5,700 - 0% - 0%
7 Total Revenues 368,882 387,200 234,700 437,200 50,000 13% 202,500 86%

8 Transfer In - - - 500,000 500,000 100% 500,000 100%

9 Total Transfers In and Other Sources - - - 500,000 500,000 100% 500,000 100%

10 GRAND TOTAL REVENUES & OTHER SOURCES 368,882 387,200 234,700 937,200 550,000 142% 702,500 299%

EXPENDITURES & OTHER USES
11 Salaries - - - - - 0% - 0%
12 Transfers Out 493,588 197,476 197,476 497,255 299,779 152% 299,779 152%

13 Total Payroll and Related 493,588 197,476 197,476 497,255 299,779 152% 299,779 152%

14 Economic Development - - - - - 0% - 0%
15 Public Notices 22,482 20,000 20,000 20,000 - 0% - 0%

16 Rent & Utilities 95,676 91,400 90,600 93,394 1,994 2% 2,794 3%
17 Repair & Maintenance - - - - - 0% - 0%
18 Services 132,021 201,115 201,115 201,300 185 0% 185 0%

19 Supplies 21,143 - 800 22,000 22,000 100% 21,200 2750%
20 Transfer Out Operating - - - - - 0% - 0%
21 Travel & Training 6,973 7,250 7,250 7,250 - 0% - 0%

22 Operations and Maintenance 278,296 319,765 319,765 343,944 24,179 8% 24,179 8%

23 SUB-TOTAL OPERATIONS and MAINTENANCE EXPENDITURES 771,883 517,241 517,241 841,199 323,958 63% 323,958 63%

20 Projects - Capital improvement - - - - - 0% - 0%
21 Projects - Maintenance & Replacement - - - - - 0% - 0%
22 Total Capital and Mainteance & Replacement - - - - - 0% - 0%
23 Transfer Out to Fund 300 Debt Service - - - - - 0% - 0%
24 Other Uses - - - - - 0% - 0%
25 Total Transfers Out and Other uses - - - - - 0% - 0%
26 SUB-TOTAL NON-OPERATING EXPENDITURES - - - - - 0% - 0%

27 GRAND TOTAL ALL EXPENDITURES & OTHER USES 771,883 517,241 517,241 841,199 323,958 63% 323,958 63%
SUMMARY

28 EXCESS REVENUES OVER(UNDER) EXPENDITURES (403,001) (130,041) (282,541) 96,001 226,042 -74% 378,542 -34%

29 FUND BALANCE, BEGINNING 726,333 323,332 323,332 40,791 (282,541) -87% (282,541) -87%

30 FUND BALANCE, ENDING $ 323,332 $ 193,291 $ 40,791 $ 136,792 $ (56,499) 71% $ 96,001 335%

31 Restricted/Assigned/Committed Funds 323,332 193,291 40,791 136,792 (56,499) 71% 96,001 335%

32 UNASSIGNED FUND BALANCE, ENDING $ - $ - $ - $ - $ - 0% $ - 0%
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