Page 34 - Proposed Operating Budget FY24
P. 34
CITY OF HURST
FY 2023 - 2024 ADOPTED BUDGET
HURST CONFERENCE CENTER FUND
REVENUES AND EXPENSES
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 900 guests. The facility is managed by City Staff. For information on amenities, rates
and menu options please visit www.hurstcc.com.
ESTIMATED FUND BALANCE OCTOBER 1, 2023 1,313,579
REVENUES
Service Charges $ 3,200,000
Interet Earnings $ 39,407
(Costs of Goods Sold) (537,397)
TOTAL REVENUES $2,702,010
TOTAL FUNDS AVAILABLE $4,015,589
EXPENDITURES
Personnel Services $1,624,940
Materials & Supplies 66,000
Maintenance 104,011
Sundry 827,176
Indirect Cost Allocation General Fund 60,000
Indirect Cost Allocation IT 23,650
Capital Outlay 0
TOTAL EXPENDITURES $2,705,777
Less Depreciation $64,293
ESTIMATED FUND BALANCE AT SEPTEMBER 30, 2024 $1,374,105
