Page 36 - Proposed budget cover and insert sheets
P. 36
CITY OF HURST
FY 2024-2025 PROPOSED 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, 2024 1,464,175
REVENUES
Service Charges $ 3,500,000
Interet Earnings $ 43,925
(Costs of Goods Sold) (537,000)
TOTAL REVENUES $3,006,925
TOTAL FUNDS AVAILABLE $4,471,100
EXPENDITURES
Personnel Services $1,768,369
Materials & Supplies 66,000
Maintenance 104,011
Sundry 961,075
Indirect Cost Allocation General Fund 60,000
Indirect Cost Allocation IT 23,650
Capital Outlay 0
TOTAL EXPENDITURES $2,983,105
Less Depreciation $64,293
ESTIMATED FUND BALANCE AT SEPTEMBER 30, 2025 $1,552,288
