The URL can be used to link to this page

Home My WebLink About2013-09-09 - Agendas - Final AGENDA ADVERTISING AND PROMOTION COMMISSION September 9, 2013 2:00 p.m. Fayetteville Town Center I. Call to Order — Ching Mong II. Commissioner Candidate Interviews A.Jim Huson B.Michael Andrews C. Shellie Morrison D.Tim Freeman III. Reports A. Approval of Minutes for August B. Financial Report 1 . HMR Revenues — Marilyn Heifner 2. Financial Statements — Jerri Kuburich • A. Budget revisions 3 . Update from City Attorney re: delinquent tax collection efforts — Kit Williams C. Departmental Reports 1 . Clinton House Museum — Kate Johnson 2. Visitors Bureau — Matt Clement 3 . Town Center — Sandra Bennett 4. Executive Director Report — Marilyn Heifner IV. Advertising Agency Report — Mike Sells V. Old Business A.By-Law clarification VI. New Business VII. Adjourn • ADVERTISING AND PROMOTION COMMISSION • REGULAR MEETING August 12, 2013 Commissioners Present: Matt Behrend, Bobby Ferrell, Bill Lyle, Ching Mong, Matthew Petty, and Justin Tennant Commissioner Absent: Hannah Withers Staff Present: Marilyn Heifner, Sandra Bennett, Matt Clement CALL TO ORDER Ching Mong called the regular monthly meeting of the Fayetteville Advertising and Promotion Commission to order on August 12, 2013, at 2:00 p.m. REPORTS APPROVAL OF THE MINUTES Moved by Petty, second by Tennant to approve the minutes of the June meeting. Motion carried. HMR REVENUES HMR taxes are up 5.79% for the month of July (collections $227,971)and 5.00% year to date (total collections $1,516,180). • FINANCIAL STATEMENTS Terri Kuburich presented financial statements. With no questions, Mong moved to approve the financials, second by Tennant. Motion carried. UPDATE ON DELINQUENT -TAX COLLECTION EFFORTS Kit Williams was not present to present report. Recap of the written report by Prosecutor showed 12 businesses with no forms submitted, 10 restaurants closed, and a delinquent balance of $21,481 with collections of $461.38. DEPARTMENTAL REPORTS CLINTON HOUSE MUSEUM Museum was highlighted in U. S. Airways July issue and received second year recognition as a Blue Star Museum. New exhibit, "Clinton meets Kennedy" opened. VISITOR CENTER Events coordinated during the month by the CVB had an economic impact of $648,533. Events booked have economic impact of $338,472. Inquiries received were 763. Store sales were down 38% ($4,029.94) TOWN CENTER Sales at the Town Center were up 45%, Collections were up 15%. Excellent job by the • Sandra's reorganized staff: Collin Brunner, director of sales, Caroline Franco, event coordinator, and Mason McDonald, event manager. EXECUTIVE DIRECTOR REPORT Marilyn reported that the wayfinding and signage was beginning to go up. Interior signs will be in place in the fall. Trails Guides have been very well received. We have distributed 8000 in 2 months. Commissioners were given sillipints and Ale Trail passports. We are the first ale trail in Arkansas. A reprint of the passport order is already being processed. The Clinton House received a grant from the Arkansas Humanities Council to do interactive displays. A new exhibit at the Museum highlights the 50th anniversary of Clinton meeting Kennedy. DMAI certification was granted. We are one of two certified places in Arkansas. The process was a collaboration of the entire staff. She gave thanks to the Commission for investing in this process. Because we had many of the elements in place, it was probably easier for us than most CVB's who apply. U. S. Airways piece on Northwest Arkansas was well received. NATA (Northwest Arkansas • Tourism Association) is reprinting the piece. The Clinton House Museum received several visitors because of its exposure in the magazine. The City Council has set November 12 as the date for the special election for the issuance of bonds using HMR tax as collateral. ADVERTISING AGENCY REPORT Mike Sells reported on the new Fayetteville website launched 3 months ago. Page views are up, visit duration is up 28%, and non-specific keywords are up 39%. The Agency is working on updating the Town Center website. OLD BUSINESS ENTERTAINERS WALK OF FAME Petty moved, Ferrell seconded to deny the request for funding from the Commission. Motion carried. Commissioners asked that Butch Stone be invited to submit again in October. NEW BUSINESS ADVERTISING AGENCY CONTRACT After discussion of the Agency performance, it was moved by Ferrell, second by Petty to approve The Sells Agency contract for a 3 year extension. Motion carried with Lyle abstaining. • BY-LAW CLARIFICATION • The Commission attorney, John Burrow, pointed out that there was no provision in the By- Laws for cancelling a meeting. He recommended an addition to the bylaws which would be voted on at the September meeting. PROCEDURE FOR REPLACING VACANCIES ON THE COMMISSION Marilyn presented a proposed procedure for replacing Commission John Burrow reported to the Commission that the resolution which passed at the last meeting regarding the election would pose no conflict of interest for him in his position as a member of the Washington County Election Commission. Moved by Petty, second by Ferrell to approve the procedure. Motion carried. Bill Lyle announced that this would be his last meeting since he has taken a position with Eleven Restaurant at Crystal Bridges. BUDGET ADJUSTMENTS Marilyn presented adjustments to the budget. Commissioners asked to approve those at the September meeting. There being no further business, the meeting adjourned. Respectfully submitted, • Marilyn Heifner Executive Director Fayetteville A & P Commission • J I l A!I IMbrm urDmlded on this appllution is subject to the Freedom of biAw aulon AST and will be mlossed Hrepeated. City of Fayetteville Application Form For appointment to C Roarg�s, C�ommissbns, and Committees f s rte) L° . 144SOW 1 " /t s9 4tONIER I pmJ� � Ao/��RcF Mame Spouse name (H applicable) OccupationfEmployer Name 3 gla Z l owf� PR r�M7V4/1 //& /4R 7276 / Resident Street Address city Mate ZIP Code S)4rnj!F� Melling Address tyf4e city stab Zip Code (17q - 64) iLoan ,11;371 (po / - � aos J?YM � t[ Sen/ toha / � �i Norse phone 0 Business phone Email Address . GO V. ��- P Z Choreas of Committee Position Lergi n of Residency yn��Gty Limits of Fayemevale Are you a Fayetteville registered voter? Ya No F1 f. What aro your qualifications for serving on this committee, including education and expertise In the subject matter? wtu V�rA L S dr ' CA) U jCf G EiF,941 Qet3t/i^//� • dyou like beegored for spppirnpna to bb m ?l t ✓ Wtl 4` /Ar%ro 6Ly . a vA/ Zir. /� Lo r .✓ eSs 4 v -- oeeA 4-^w G Ft-e-Yk`C� Pen Ig/es = - tot ` e9 2./ S F x$02 �4 o Ss � �pr�p /e i9-s�d ¢ 5 p w �-+z-l�f�.4 .i.� N •— Address Phone twins Z real Phone How did you hear about the opening(s)? NWA TtnoVY Fns wm*ly ❑ Aceoaafayan"I e.org ❑ 7 oovem, mmChonriel ❑ Chamber of CommerceOther❑ Stab statute §274-701 requires the following persons shall file a written Statement of Financial interest upon appoimment. The Statement of l=esncial In areat for the preriom atandar year shell be filed by January 310 of each year by the following: Plannirng Commission, Airport Board, water or sower Board, Utikty Board or CMI Service Commission. it you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form which may be obtained on our webaite at accesafayM 11o.org If you have " questions you may contact tic City Clark's office at 5754727 or by email rdbr rderkloi.favetievlee�r.ua ORIa the Only: • Tom Begins: Appointed: Term Expires: Replaced: Terminated: Resigned: TO 39Vd 3DV-Id IV3 S , 3Oa GP966006LO 45 :Z0 ZIOZ/0E /LB y AN information submitted on this application is subject to the Freedom of Information Act and will be released if requested. City of Fayetteville .Application Form r • .` `,For appointrn`enf to City".Boards;Commissions, an&Committees ' Michael Andrews / Owner I Fresco Cafe & Pub Name Spouse name (if applicable) Occupation/Employer Name 925 N Meadowlands Drive Fayetteville AR 72704 Resident Street Address City State Zip Code 925 N Meadowlands Drive Fayetteville AR 72704 Mailing Address City State Zip Code (cell) 479 . 530 . 3606 479.455 .5555 mandrewsl23@gmail.com Home phone # Business phone Email Address �/ Advertising & Promotion Commission I 145 Years rs Choice of Committee Position Length of Residency in the City Limits of Fayetteville Are you a Fayetteville registered voter? Yes ❑✓ No ❑ 1 . What are your qualifications for serving on this committee, including education and expertise in the subject matter? I am a restaurant owner having owned businesses in Fayetteville since 1994 and a life-long resident of this great city. 10 yrs Board of Adjustments, 2 yrs as Chair. 3 yrs Airport Board. My attendance record on these boards was over 95%. • 2. Why would you like to be considered for appointment to this committee? I want to serve. I have an understanding of the many groups and organizations in Fayetteville that request money from the A&P Commission. I will thoughtfully consider how we spend our taxpayers money to promote recreation and tourism in the City of Fayetteville. References: Ted Belden Campbell Bell Building , Fayetteville 501 .580.3762 Name Address Phone Bootsie Ackerman PO Box 1544 Fayetteville 479.236.4900 Name Address Phone How did you hear about the opening(s)? NWA Times ❑ Free Weekly ❑/ C/' AAccessfayetteville.org ❑ ElGovernment Channel Chamber of Commerce ❑ Otherg ! C / Dw/ , 1- i J-en5 State statute §21 -8-701 requires the following persons shall file a written Statement of Financial Interest upon appointment. The Statement of Financial Interest for the previous calendar year shall be riled by January 31" of each year by the following: Planning Commission, Airport Board, Water or Sewer Board, Utility Board or Civil Service Commission. If you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form which may be obtained on our website at accessfayetteville.org If you have any questions you may contact the City Clerk's office at 575-8323 or by email city clerk(a)cl.favetteville.ar.us Office Use Only: Term Begins: Appointed: Terre Expires: Replaced: Terminated: Resigned: v RECEIVED All information submitted on this application is subject to the JUL 3 0 2012 Freedom of Information Act and will be released if requested. • CITY OF FAYETTEVILL City of Fayetteville Application Form For appointment to City Boards, Commissions, and Committees �hd b e, qDco"r or, I (ltitnt o 6 ojj(y,2 I7h fk� group Name n� Spouse name (if applicable) Occupation/Employer Name .9,q 1g Ln . Gr1�y • �/z . S 62g �}tLQylle � 72763 Resident Street Address J City State Zip Code t0 () -&X m q I U01116tole / l�, jor7 p Z, MailingAddress City State Zip Code 419 511- Gj5 ) q'] 9 -qu `l - A2Gcon�- Home phone # Business phone q Email Address kyL I I e`yl e—S . Choice of Committee Position Length of Residencylin the City Limits of Fayetteville Are you a Fayetteville registered voter? Yes No F1 1 . What are your qualifications for serving on this committee, including education and expertise in the subject matter? • 1, 2. Wh would you like to be considered for appointment to this committee? References: Sne �enn� 3z `� �Iclson � yt46 L re 15701 Name Address Phone r:nnLy ,Y & 4M-A I) ne. yd Q 13WV FailP -411D 1a7b 2 q�q �Vy- Oi9 Name �/ Address Phone How did you hear about the opening(s)? NWA Times 6J Free weekly ❑ Accessfayetteville.org ❑ Govemment Channel ❑ Chamber of Commerce ❑ Other❑ ' State statute §21 -8.701 requires the following persons shall file a written Statement of Financial Interest upon appointment The Statement of Financial Interest for the previous calendar year shall be filed by January 31`' of each year by the following: Planning Commission, Airport Board, Water or Sewer Board, Utility Board or Civil Service Commission. If you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form which may be obtained on our website at accessfayetteville.org If you have any questions you may contact the City Clerk's office at 575-8323 or, by email city clerk(&ci.fayetteville.ar.us • . Office Use Only: Term Begins: Appointed: Term Expires: Replaced: Terminated: Resigned: i • Application Form Attachment 1. What are your qualifications for serving on this committee, including education and expertise in the subject matter? • Bachelor of Arts and Science from the University of Arkansas, majoring in Journalism (1990). • Masters Degree in Adult Education from the University of Arkansas (1994). • Handled marketing and promotions for the University of Arkansas Center for Continuing Education from 1990- 1992. • Conference Coordinator for the University of Arkansas Center for Continuing Education from 1992- 1996. o Brought numerous conferences and meetings to Fayetteville and promoted the city through those efforts. o Arranged for group and spouse tours, hired local restaurants, hotels, vendors and entertainers for various conference groups. • Coordinator for the Chile Pepper Cross Country Festival from 1994-2004. o Handled all registrations for open, college and high school runners/teams. o Hired all vendors necessary to the event. o Managed the Festival budget and expenditures. • Owner/founder of The Event Group—Catering Division, Inc. ( 1996 to present). o The Event Group has an off-premise catering and event planning division that provides services to hundreds of Fayetteville and Northwest Arkansas businesses. • Provider of catering services for corporate and social/wedding events. • Provider of event planning services for corporate and social/wedding events. o The Event Group also has an on-premise catering location at The Chancellor Hotel. 2. Why would you like to be considered for appointment to this committee? I have always been interested in serving on this committee, and would consider it an honor. I feel that I would bring a different type of expertise to the commission. Many of your past members have been restaurant owners and hotel executives. As the owner of a catering company, I am able to work outside the confines of my facility and deal with many other vendors, applicable to events that are held in Fayetteville. I also have a working relationship with clients and vendors from all aspects of the corporate arena. Lastly, I feel very strongly that Fayetteville needs to capitalize and expand upon its local attractions to keep people in our city and to draw more events to our city. I try to use local businesses whenever I can for shopping, eating out, etc. In our current economic • climate, I feel that we should encourage this practice to help our business owners. All Information submitted on this application is subject to the _. Freedom of Information Act and will be released if requested. �- - - -- - - - ----- — -- City of Fayetteville Application Form For appointment to City Boards, Commissions, and Committees Tim Freeman I Hotel Management / United Hotel Management Name Spouse name (if applicable) Occupation/Employer Name 1254 N . Maxwell Dr. Fayetteville AR 72703 Resident Street Address City state Zip Code (same) Mailing Address City State Zip Code 479-466-4629 (same) tim.freeman@unitedhm.com Home phone # Business phone Email Address Advertising 8 Promotion Commission , Commissioner , 11 years, 1 month Choice of Committee Position Length of Residency in the City Limits of Fayetteville Are you a Fayetteville registered voter? Yea No❑ 1. What are your qualifications for serving on this committee, including education and expertise in the subject matter? . 1 have worked in the lodging and hospiterdy industry In Fayetteville since 1999. 1 also have served previously on the A&P Commission as both a commissioner eta® diabmre. 1 bedeve Net my Ivg td"vy al Ntaadlm cant vmiwe b as dill�me lamMedpa end ae,Nnl Nbwn" trek® FeyeltevOb vudi a untaio er" waNedN Pta® b® mad vWlom. 2. Why would you like to be considered for appointment to this committee? • 1 have a deep love for the City of Fayetteville. I would like to do everything possible to promote the city for its citizens and those who visit I also want b do my ped to further Fayetteville and hdp b fosterw ravparLaNle W Mh as we continue to b,vV a 11 tl city red is also belovm by vmtrlta born all der Ne state and Ne nad n. References: David Whitaker 717 N. Lewis Ave. , Fayetteville, AR 72703 479-236-8313 Name Address Phone Michael Sindelar 1305 Palak Dr. , Fayetteville, AR 72704 479-871-6355 Name Address Phone How did you hear about the opening(s)? NWA Times❑ Free Weekly ❑ Accessfayenaville.org❑ Government Channel] chamber of Commerce OtherQ Personal Friend State statute §21-6-701 requires the following persons shall file a written Statement of Financial Interest upon appointment. The Statement of Financial Interest for the previous calendar year shall be fled by January 31" of each year by the following: Planning Commission, Airport Board, Water or Sewer Board, Utility Board or Civil Service Commission. If you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form.which may be obtained on our website at accessfayetteville.org If you have any questions you may contact the City Clerk office at 575-8323 or by email city cierk(dci.favetteville.ar.us Office Use Only: Term Begins: Appointed: • Term Expires: Replaced: Terminated: Resigned: Marilyn Heifner Subject: FW: United Hotel Management From: Tim Freeman [mailto:tim.freeman(alunitedhm.com] Sent: Wednesday, September 04, 2013 4: 10 PM To: mheifner(altwncenter.com Subject: United Hotel Management Hi Marilyn, Here is a description of my company, and what we do: United Hotel Management is a hospitality services company based in Fayetteville, AR, and serving hotels in Fayetteville and throughout the state. From its office in Fayetteville, UHM provides revenue management and sales and revenue consulting services to the Holiday Inn Express & Suites in Fayetteville, as well as four other hotels in NWA and the river valley, and an additional four located throughout the state of Arkansas. As part of these services, UHM consults with the Holiday Inn Express & Suites in Fayetteville to determine optimal rates for all arriving guests on an ongoing basis. It also provides training services to its front-line employees and sales staff on hospitality service, revenue, and sales, in order to provide the best possible experience for both tourists visiting the area as well as employees and owners welcoming visitors to Fayetteville. In addition, UHM has management contracts and operates two hotels, one in Heber Springs, AR (a tourist •destination), and one in Monticello, AR. Both are branded Holiday Inn Express hotels, and both are operated from the Fayetteville office. The company was founded in Little Rock in 2012. The decision was made by Tim Freeman, a former Fayetteville A&P commissioner and chairman, to move the company to Fayetteville in May of 2013 -- a decision he has not regretted for one second. Thank you, and have a great day, Tim Tim Freeman United Hotel Management, LLC 1254 N. Maxwell Dr. — Fayetteville, AR 72703 ti m.freemanC@unitedhm.conn 479-466-4629 unitedhm.com • t IVO ? 2EG/57-EeED vo r,✓k ? RECEIVED AUG 2 9 2013 All Information submitted on this app//cadon Is subject fo the Freedom Of Information Act and will be released fir requested. OITY OF FAYETORM'C E CITY CIERKB OFFICE • City of Fayetteville Application Form For appointment to City Boards, Commissions, and Committees Micahel Alan Marasco I General Manager Na / �r4aMmou - vi me Spouse dame (if applicable) Occupation/Employar Name 1742 N. Leverret Fayetteville AR 72703 Resident Street Address city State Zip Code 600 East Van Asche Fayetteville AR 72703 Mailing Address city State Zip Code 412 515 9592 479 571 4900 mmarasco@vistahost.net Home phone p Business phone Email Address Advertising Vremation commissions / Commissions Member I Less than 1 year Cholee of CommlMee Position Length of Residency In the City Umlts of Fayettavilfe Are, you a Fayetteville registered voter? Yes[] NOW]44 W ; It (!t ,, ^4v%. „�} 0 &( iss .W I. What are your qualifications for serving on this committee, including education and expertise In the subject matter? 8 Years of Hotel and Restaurant Management expedence: RA In Finance and Manor In Hospitady Management for Pennsylvania State university. 2. Why would you like to be considered for appointment to this committee? • 1 feel my knowledge and experience In the Hospitality and Tourism Industry can bring a new outlook to the City of Fayetteville. I would like to continue to Wild the reputation of lovely Uptown Fayetteville and feel I can be most effective through the A&P committee. References: Steve Clark 123 W. Mountain, Fayetteville AR 72701 479.2258349 Name Address Phone Serena Munns 600 E. Van Asche, Fayetteville AR 72703 479.571.4900 Name Address Phone How did you hear about the opening(s)? NWA 71mes[] Free Weekly ❑ Accessfayemaville.org[] Government Chancre Chamber of Comms cthe, R/ Steve Clark State statute §21 -8-701 requires the following persons shall file a written Statement of Financial Interest upon appointment The Statement of Financial Interest for the previous calendar year shall be filed by January 31" of each year by the following: Planning Commission, Airport Board. Water or Sewer Board, Utility Board or Civil Service Commission. If you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form which may be obtained on our website at accessfayetteville.org If you have any questions you may contact the City Clerk office at 676.6323 or by email city eleNt(�Bcl.favettevllle ar ro Office Use Only: Term Begins: Appointed: • Term Expires Replaced: Terminated: Resigned: NOT 1F414!!; 119Z 6 ,`jo -f /9 t��EIVED�AE,v; All Information submitted on this application Is subject to the Freedom of Information Act and will be released If requested. AUG IS 2013 City of Fayetteville Application Form For appointment to City Boards, Commissions, and Committees N40"A. 3 '6- 10CRW C. I GEWeCA` r' &4"4lr ANJ At Cae^ A.t- Name Spouse name (ti applicable) OccupatlonlE ployer Name 30eo "Yaeoo azo R04% 1 "r�'..>a At4L ?2,73a Resident Street Address City State Zip Code FU -nw low Ir&4 AircAt int— 96 — 4% /Java Ac"ja Am rw.. n a AQ. ?A?ol Mailing Address City State Zip Code 1474 — s = � bl$ 1 477� 2lnpd4MAltd*A t� .a„% Home phone # Business phone Email Address A+' COM1AtS5loP1 I cw . YAcA wy 1* Ju'e. sail AMY 01012— Choice of Committee Position Length of Residency In the City Limits of Fayetteville Are you a Fayetteville registered voter? Yeso NOW 1. What are your qualifications for serving on this committee, Including education and expertise In the subject matter? �- 3S YdAis W -r4re:. MofpirAadTY &*wzst ujerir AU &.swrr j'fvrott- 0WI fv 's4fwt LANAU . MA•4AGa..6-4—. Z U*4C A 6AcJt c..ti AL... �utodc W�vrasr7i; /AQA410� ATCrIavws C' MY��e�eF C-40^ uoe f V"A SonvM r Apnts.,. IL"Q • 2. Why would you like to be considered for appointment to this committee? 2. J.. A^ NOLVLV l ► aTdrltnSTdO Irk TJ tatYpft F0yx4Hrna..e Wrw ir'1 06 . 4wt ` 4,o 6usf.+wfi 0RY4+rAV&Jr Asn A0V4k-rrx&St. *.w Px*^"a-' z CrNa` /`AYerrdvacfif UA<4 Ao-7rer Tail M.'. Aw. 144 11' �sr tsx� References: �± STEG.4 CLAIZ 1.23 W, Alawraw �4YA7 f«C AL 727oL 4479- :Qi - 17t46 Name Address Phone TES Se.Ly -s 609 W *Dtexe.+ sr Sutr4 204 FNrerAvwre, ,4t ?x7ot WTJe7-4f" Name Address Phone EHowd'mdu hear about the opening(s)? NWA Times❑ Free Weekly ❑ Accessfeyetteville.orgO Channeo Chamber of Commerce Other MAiZi�-Y.J i'� �tFNQL State statute $21-8-707 requires the following persons shall file a written Statement of Financial Interest upon appointment The Statement of Financial Interest for the previous calendar year shall be filed by January 310 of each year by the following: Planning Commission, Airport Board, Water or Sewer Board, Utility Board or Civil Service Commission. If you are applying for the Planning Commission you must also complete and submit a Real Estate Holdings Form which mayrbe obtained on our website at accessfayettevllle.org s H you have any questions you may contact the City Clerk office at 676.8323 or by email city clerk(Mcci.favetteville.acus • Office Use Only: Tenn Begins: Appointed: Term Expires: Replaced: Terminated: Resigned: • Advertising and Promotion Commission For month of August 2013 Current Year HMR Collected (2120.0912.4101 .00) - $--206-1291 .541 Prior Year Collected (2120.0912.4101 .01 ) $ 581 . 09 First Security Investment Interest Revenue (2120.0912.4708.00) $ ____555g.69 Total Revenues $ 207,432. 32 Annual Bond Audit Expense (2120.9120.7602.60) Collection Expense (2120.9120.5333.00) $ (41549.29) Bank of OK Quarterly Fee (2120.9120.5712.00) $ (11125.00) Town Center Bond Payment (2120.9120.5712.00) $ (56,228.57) 2012 Property Taxes on Town Center (2120.9120.7602.60) $ Total Expenses $ (61 ,902.86) Total Check to A&P $ 1451529.46 This report represents HMR collections through the end of the month. These figures may include past due amounts. City of Fayetteville, Arkansas Monthly HMR Tax Collections 2010-2013 2010 2011 2011 2012 2012 2013 2013 Total Total Change Over Total Change Over Total Change Over HMR Taxes HMR Taxes Prior Year HMR Taxes Prior Year HMR Taxes Prior Year January $166,645 $179,546 7.74% $2051939 14.70% 211 ,138 2.52% February $143,940 $158,037 9.80% $178,289 12.81 % 187,562 5.20% March $172,662 $169,093 -2.06% $201 ,015 18.88% 213,526 6.22% April $187,730 $187,976 0.00% $217,840 15.89% 228,865 5.06% May $185,096 $188,149 1 .65% $203,966 8.41 % 228,289 11 .93% June $184,371 $2059700 11 .57% $222,062 7.95% 2182829 -1 .45% July $196,323 $205,438 4.60% $214,750 4.53% 227,971 5.79% August $180,741 $189,839 5.03% $202,624 6.73% 2060873 2.10% September $184,471 $195,427 5.94% $2151653 10.35% October $195,169 $214,713 10.01 % $241 ,017 12.25% November $213,494 $203,529 -4.67% $210,335 3.34% December $171 ,511 $202,027 17.79% $208,518 3.21 % Total $ $2,1829155 $29299,473 5.38% $2,5229008 9.68% $1 ,723,053 4.65% \filename 4:69 PM Fayetteville A & P Commission 09105113 Balance Sheet Accrual Basis As of August 31 , 2013 • Aug 31, 13 ASSETS Current Assets Checking/Savings 09500 • Cash 10000 • CVB Cash in Register 100.00 10100 • CHM Cash In Register 100.00 10200 • Arvest A&P General #4856 4,828.50 10300 • 1st Security A&P General #8714 286,152.63 10400 • tat Security Fayetteville TC 335,295.79 10500 • 1st Security Clinton House 24,875.76 10600 • 1st Security CVB # 8730 24,599.79 10700 • Arvest Payroll Account 94636 9,783.00 Total 09500 • Cash 685,735.47 Total Checking/Savings 685,735.47 Other Current Assets 11400 • Due From Other Funds 8,170.29 11500 • Prepaid Expenses 701 .30 13000 • Investments 13100 • Investment Adj. to Market 2,824.97 13000 • Investments - Other 1 ,801 ,852.14 Total 13000 • Investments 1 ,804,677.11 Total Other Current Assets 1 ,813,548.70 Total Current Assets 2,499,284.17 Other Assets • 11600 • Deposits 1 ,904.91 14500 • Capital Assets 15000 • Furniture and Fixtures 34,550.01 15100 • Equipment 119,632.20 15500 • CVB Building 930,569.02 15510 • CVB Land 198,621 .00 15600 • Building Additions 438,747.15 17300 • Accumulated Depreciation -401 ,680.75 Total 14500 • Capital Assets 1 ,320,438.63 Total Other Assets 1 ,322,343.54 TOTAL ASSETS 3,821 ,627.71 LIABILITIES & EQUITY Liabilities Current Liabilities Other Current Liabilities 23002 • Colonial Life& Acc Ins. Payabi 214.97 24000 • Payroll Liabilities 6,170.90 24500 • Due to Other Funds 4,137.45 Total Other Current Liabilities 10,523.32 Total Current Liabilities 10,523.32 Total Liabilities 10,523.32 Equity 32000 • Unrestricted Net Assets 225,460.65 39005 • Fund Balance 4,047,133.81 Net Income -461 ,490.07 • Total Equity 3,811 ,104.39 TOTAL LIABILITIES & EQUITY 3,821,627.71 Page 1 Modified AI Fayetteville Commission Statement of BudW, Revenue Expense January through August 2013 FAYETTEVILLE A & P 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual Ordinary Income/Expense Income 40000 - Hotel, Motel, Restaurant Tax 2,522,008 1 ,646,485 1 ,689,867 832,141 202,624 206,292 1 ,622,446 40200 - PY Hotel, Motel, Restaurant0 0 32,745 -32,745 0 581 24,111 40600 • Rental Income 0 0 0 0 0 0 22,000 40700 - 1st Thursday Income 0 0 0 0 0 0 0 40800 • Other Income 6,004 4,000 51 5,953 500 0 3,032 41000 - Parking Revenue 0 0 0 0 0 0 0 41001 • Parking Lease 0 0 0 0 0 0 1 ,944 41200 - Gift Shop Sales 0 0 0 0 0 0 0 41300 • Visitor Store 0 0 0 0 0 0 0 41400 - Partership Income 0 - 0 0 41600 • Admission Revenue 0 0 0 0 0 0 0 42000 • Special Projects 0 0 4,000 -4,000 0 0 3,000 42600 - Interest Income Investments 11 ,850 7,920 4,483 7,367 990 560 7,901 42800 • Interest Income Checking 2,000 1 ,336 1 ,709 291 166 143 2,250 42900 • Visitor Guide Ad Income 40,000 40,000 1 ,200 38,800 0 0 36,650 43200 - LOTO Sponsor Income 0 0 0 98000 • Transfer In 500,000 0 0 500,000 0 0 0 Total Income 3,081 ,862 1 ,699,741 11734,055 1 ,347,807 204,280 207,576 1 ,723,333 Cost of Goods Sold I 50000 - Clinton House Gift Shop 0 0 0 0 0 0 0 Total COGS 0 0 0 0 0 0 0 Gross Profit 3,081 ,862 1 ,699,741 1 ,734,055 1 ,347,807 204,280 207,576 11723,333 Expense 60400 • Bank Service Charges 0 0 36 -36 0 1 34 61000 - Signage-Tourism 140,000 138,000 10,079 129,921 500 110 8,123 61500 • Credit Card Discounts 0 0 0 0 0 0 0 Page 1 of 15 Modified Accrual Fayetteville Commission • Statement of Budy, Revenue Expense January through August 2013 FAYETTEVILLE A & P 2013 - Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 62500 - Advertising & Marketing 400,000 250,000 271 ,134 128,866 40,000 54,900 273,296 62600 • Brochures 150,000 114,000 120,528 29,472 10,000 105 141 ,704 62700 - Website Update 35,000 35,000 19,126 15,874 35,000 4,862 0 63000 • Accounting & Legal Fees 1 ,300 1 ,300 2,601 -1 ,301 0 1 ,450 8,758 63100 • Audit Expense 10,000 10,000 8,550 1 ,450 2,000 0 2,200 63300 - Insurance Expense 14,863 0 0 14,863 0 0 0 64000 • Office Expense 1 ,000 800 3,437 -2,437 100 308 629 64100 - Visitor Store Expense 0 0 0 0 0 0 0 64200 • Marketing Expense 0 0 0 0 0 0 0 64500 - Insurance - Building 0 0 0 0 0 0 0 64900 • Office Supplies 0 0 0 0 0 0 0 65000 - Insurance & Health Benefits 18,182 6,936 6,936 11 ,246 1 ,513 977 2,909 65500 • 408 )P) Company Match 4,366 2,904 2,607 1 ,760 363 219 1 ,625 66000 - Car Allowance 3,600 2,400 2,400 1 ,200 300 300 2,400 66500 - Telephone Expense 0 0 0 0 0 0 0 67000 • Postage & Shipping Expense 19,000 12,000 9,579 9,421 1 ,500 1 ,062 12,736 67100 • Tracking Software 0 0 0 0 0 0 0 68100 • Rent 0 0 0 0 0 0 0 68400 - Maintenance I Lawn 7,500 0 0 7,500 0 0 0 68500 • Repairs & Maintenance Expr 50,000 33,328 42,452 7,548 41166 19,593 225 68600 • Kamensky Fountain Mainten 5,000 3,328 3,494 1 ,506 416 0 0 68700 • Linens 0 0 0 0 0 0 0 69500 • Publication & Dues 12,045 11 ,225 13,069 -1 ,024 0 165 1 ,730 70000 • Travel I Training Expense 13,095 8,000 7,631 5,464 0 2,600 6,992 70500 • Taxes & Licenses 0 0 3,210 -3,210 0 0 499 71000 • Collections Expense 49,648 32,926 34,452 15,196 4,052 4,137 32,931 72000 - Payroll Tax Expense 15,906 10,112 7,447 8,459 1 ,264 1 ,076 6,307 72500 • Depreciation Expense 20,000 13,320 11 ,911 8,089 1 ,665 0 0 73000 • Convention Development 0 0 0 0 0 0 35,261 76500 • Contract Labor 0 0 0 0 0 0 22,000 77500 • Wages Expense 176,730 112,400 105,009 71 ,722 14,050 13,770 67,167 Page 2 of 15 Modified Accrual FayefteviIIBAC Commission Statement of Bu , Revenue Expense January through August 2013 FAYETTEVILLE A & P 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 78000 • Electric Utilities 0 0 0 0 0 0 0 78100 • Gas Utility 0 0 0 0 0 0 0 78200 • Water Utilitiy 0 0 0 0 0 0 0 78300 • Cabling 0 0 78400 • Recycling 0 0 0 0 0 0 0 78500 • Security 0 0 0 0 0 0 0 78600 - Airport Advertising 7,140 3,570 3,570 3,570 0 0 5,175 78700 • Minor Equipment 75,000 50,000 3,990 71 ,010 6,250 433 2,447 78800 - Airport Info Booth 5,200 4,800 3,600 1 ,600 1 ,200 0 3,600 89000 • Other Expense I Unallocated 15,083 3,082 0 15,083 3,082 0 285 94300 - LOTO Special Project 0 325 -325 0 0 0 95000 • Misc. Special Projects - Othr 142,328 134,328 181 ,553 -39,225 0 17,100 171 ,373 95010 • 1st Thursday 0 0 0 0 0 0 0 95000 • Misc. Special Projects - 0 0 0 0 0 0 0 96500 • Special Funding 0 0 600,000 -600,000 0 0 0 96600 • Sound System for the Squar 50,000 50,000 50,000 50,000 0 0 96000 • UA Performance Hall 500,000 0 0 500,000 0 0 0 97000 - Bond Payments - Town Cent 669,208 449,208 449,829 219,379 55,591 56,229 449,072 97100 • Trustee Expense 6,000 4,500 3,375 2,625 0 1 ,125 3,975 99000 - Transfer Out 464,669 464,669 0 464,669 88,355 0 130,000 Total Expense 3,081 ,863 1 ,962,136 1 ,931 ,930 1 ,149,933 321 ,367 180,522 1 ,393,452 Net Ordinary Income -1 -262,395 -197,875 197,874 -117,087 27,054 329,881 Net Income -1 -262,395 -197,875 197,874 -117,087 27,054 329,881 Page 3 of 16 Modified Accrual Fayetteville Commission • Statement of BudW, Revenue Expense January through August 2013 CLINTON HOUSE 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual Ordinary IncomelExpense Income 40000 • Hotel, Motel, Restaurant Tax 0 0 0 0 0 0 0 40200 • PY Hotel, Motel, Restaurant ' _ 0 40600 - Rental Income 1 ,000 500 100 900 0 - 0 0 40700 • 1st Thursday Income 0 0 0 0 0 40800 - Other Income 0 0 1 ,540 0 1 ,240 825 41000 • Parking Revenue 0 0 0 0 0 41001 - Parking Lease 0 0 0 0 0 41200 • Gift Shop Sales 6,000 4,000 4,152 1 ,848 500 404 4,026 41300 • Visitor Store 0 0 0 0 0 41400 - Partership Income 0 41600 • Admission Revenue 7,000 4,668 8,542 -1 ,542 587 753 5,175 42000 - Special Projects 0 0 150 -150 0 0 0 42600 • Interest Income Investments 0 0 0 0 0 0 42800 - Interest Income Checking 150 102 100 50 12 10 101 42900 • Visitor Guide Ad Income 0 0 0 0 0 0 43200 • LOTO Sponsor Income 0 _ 98000 • Transfer In 76,314 0 76,314 0 0 30,000 Total Income 90,464 9,270 14,585 77,419 1 ,099 2,407 40,128 Cost of Goods Sold 50000 - Clinton House Gift Shop 5,000 4,000 2,178 2,822 0 0 2,015 Total COGS 5,000 4,000 2,178 2,822 0 0 2,015 Gross Profit 85,464 5,270 12,406 74,597 1 ,099 2,407 38,113 Expense 60400 • Bank Service Charges 0 0 0 0 0 0 76 61000 • Signage-Tourism 0 0 0 0 0 0 0 61500 • Credit Card Discounts 1 ,000 590 738 262 90 59 602 Page 4 of 15 Modified Accrual Fayetteville Commission Statement of BucMR, Revenue Expense January through August 2013 CLINTON HOUSE 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 62500 • Advertising & Marketing 0 0 0 0 0 0 30 62600 - Brochures 0 0 0 0 0 0 0 62700 • Website Update 0 0 0 0 0 0 0 63000 - Accounting & Legal Fees 0 0 0 0 0 0 0 63100 • Audit Expense 0 0 0 0 0 0 0 63300 • Insurance Expense 0 0 0 0 0 0 0 64000 - Office Expense 2,500 1 ,400 21146 354 200 469 1 ,026 64100 • Visitor Store Expense 0 0 0 0 0 0 0 64200 • Marketing Expense 0 0 0 0 0 0 0 64500 • Insurance - Building 0 0 0 - 0 0 0 0 64900 • Office Supplies 0 0 0 0 0 0 0 65000 - Insurance & Health Benefits 5,876 3,423 3,886 1 ,990 489 490 4,311 65500 • 408 (P) Company Match 1 ,073 595 712 361 85 89 636 66000 • Car Allowance 0 0 0 0 0 0 0 66500 - Telephone Expense 1 ,638 945 887 751 135 74 818 67000 • Postage & Shipping Expense 0 0 0 0 0 0 0 67100 - Tracking Software 0 0 0 0 0 0 0 68100 • Rent 12,000 12,000 12,000 0 0 0 12,000 68400 • Maintenance / Lawn 500 200 125 375 0 0 350 68500 - Repairs & Maintenance Exp* 1 ,500 1 ,000 0 1 ,500 0 0 30 68600 • Kamensky Fountain Mainten 0 0 0 0 0 0 0 68700 • Linens 0 0 0 0 0 0 0 69500 • Publication & Dues 200 200 430 -230 0 0 0 70000 • Travel / Training Expense 3,000 3,000 1 ,636 1 ,364 0 0 931 70500 • Taxes & Licenses 1 ,000 590 35 965 90 35 0 71000 - Collections Expense 0 0 0 0 0 0 0 72000 • Payroll Tax Expense 3,984 2,226 2,102 1 ,882 318 227 2,076 72500 • Depreciation Expense 0 0 0 0 0 0 0 73000 - Convention Development 0 0 0 0 0 0 0 76500 • Contract Labor 8,496 5,200 4,068 41429 600 480 2,858 77500 - Wages Expense 37,290 20,881 23,741 13,549 2,983 2,968 21 ,188 Page 6 of 15 Modified Accrual Fayetteville Commission • Statement of BudyR, Revenue Expense January through August 2013 CLINTON HOUSE 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 78000 - Electric Utilities 1 ,210 564 813 397 167 161 738 78100 • Gas Utility 1 ,232 938 796 436 26 0 739 78200 • Water Utilitiy 1 ,689 839 989 700 250 399 1 ,185 78300 • Cabling 259 78400 • Recycling 0 '0 0 0 0 0 0 78500 - Security 275 161 153 122 23 22 175 78600 • Airport Advertising 0 0 0 0 0 0 0 78700 • Minor Equipment 1 ,000 650 0 1 ,000 0 0 0 78800 • Airport Info Booth 0 0 0 0 0 0 0 89000 - Other Expense I Unallocated 0 0 0 0 0 0 0 94300 • LOTO Special Project 0 95000 - Misc. Special Projects - Othe 0 0 778 -778 0 0 0 95010 • 1st Thursday 0 0 0 0 0 0 0 95000 - Misc. Special Projects - 0 0 0 0 0 0 0 96500 - Special Funding 0 0 0 0 0 0 0 96600 • Sound System for the Squar 96000 - UA Performance Hall 0 0 0 0 0 0 0 97000 • Bond Payments - Town Cent 0 0 0 0 0 0 0 97100 • Trustee Expense 0 0 0 0 0 0 0 99000 • Transfer Out 0 0 0 0 0 0 0 Total Expense 85,464 55,402 56,037 29,428 5,456 5,472 50,026 Net Ordinary Income 0 -50,132 43,630 45,170 4,357 -3,064 -11 ,913 Net Income 0 -50,132 43,630 45,170 -4,357 -3,064 -11 ,913 Page 6 of 15 Modified Accrual FayettevilleAe Commission Statement of BucMR, Revenue Expense January through August 2013 TOWN CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual Ordinary Income/Expense Income 40000 - Hotel, Motel, Restaurant Tax 0 0 0 0 0 0 0 40200 • PY Hotel, Motel, Restaurant ' 40600 - Rental Income 408,000 276,000 291 ,559 116,441 33,000 36,427 252,170 40700 • 1st Thursday Income 0 0 0 0 0 0 0 40800 - Other Income 0 0 0 0 0 0 4,096 41000 • Parking Revenue 7,071 5,468 10,888 -3,817 539 5,149 4,714 41001 - Parking Lease 10,000 9,299 2,830 71170 0 0 6,021 41200 • Gift Shop Sales 0 0 0 0 0 0 0 41300 - Visitor Store 0 0 0 0 0 0 0 41400 • Partership Income 0 41600 • Admission Revenue 0 0 0 0 0 0 0 42000 - Special Projects 15,234 10,156 0 15,234 1 ,270 0 320 42600 • Interest Income Investments 0 0 0 0 0 0 0 42800 - Interest Income Checking 1 ,000 667 1 ,052 -52 83 144 687 42900 • Visitor Guide Ad Income 0 0 0 0 0 0 0 43200 • LOTO Sponsor Income 0 98000 • Transfer In 0 0 0 0 0 0 0 Total Income 441 ,305 301 ,589 306,329 134,975 34,892 41 ,720 268,007 Cost of Goods Sold 50000 - Clinton House Gift Shop 0 0 0 0 0 0 0 Total COGS 0 0 0 0 0 0 0 Gross Profit 441 ,305 301 ,589 306,329 134,975 34,892 41 ,720 268,007 Expense 60400 • Bank Service Charges 0 0 0 0 0 0 0 61000 • Signage-Tourism 0 0 0 0 0 0 0 61500 - Credit Card Discounts 2,500 1 ,667 3,509 -1 ,009 208 721 1 ,568 Page 7 of 15 Modified Accrual FayettevilleCommission • Statement of Budy1ft, Revenue Expense January through August 2013 TOWN CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 62500 • Advertising & Marketing 1 ,000 1 ,000 0 1 ,000 0 0 197 . 62600 • Brochures 0 0 0 0 0 0 0 62700 • Website Update 0 0 2,680 -2,680 0 2,500 0 63000 - Accounting & Legal Fees 0 0 0 0 0 0 0 63100 • Audit Expense 0 0 0 0 _ 0 0 0 63300 • Insurance Expense 0 0 0 0 0 0 0 64000 • Office Expense 7,589 5,060 5,138 2,451 632 1 ,408 5,162 64100 • Visitor Store Expense 0 0 0 0 0 0 0 64200 . Marketing Expense 0 0 0 0 0 0 0 64500 • Insurance - Building 0 0 0 0 0 0 0 64900 . Office Supplies 0 0 0 0 0 0 0 65000 • Insurance & Health Benefits 23,505 15,670 10,820 12,685 1 ,959 980 17,245 65500 • 408 (P) Company Match 4,722 3,148 2,313 2,409 393 232 2,506 66000 . Car Allowance 0 0 0 0 0 0 0 66500 • Telephone Expense 7,410 4,940 4,939 2,471 617 869 530 67000 • Postage & Shipping Expense 150 90 182 -32 0 0 682 67100 • Tracking Software 0 0 0 0 0 0 0 68100 . Rent 0 0 0 0 0 0 0 68400 • Maintenance / lawn 0 0 0 0 0 0 0 68500 • Repairs & Maintenance Exlx 50,750 33,833 45,844 4,906 4,229 3,706 40,638 68600 • Kamensky Fountain Mainten 0 0 739 -739 0 214 11434 68700 • Linens 31 ,290 20,860 16,427 14,863 2,607 2,466 17,929 69500 - Publication & Dues 150 150 1 ,250 -1 ,100 0 0 144 70000 • Travel I Training Expense 5,000 5,000 2,703 2,297 0 1 ,559 45 70500 - Taxes & Licenses 5,000 4,667 4,761 239 83 217 3,510 71000 • Collections Expense 0 0 0 0 0 0 0 72000 • Payroll Tax Expense 15,624 9,709 8,207 7,416 1 ,201 1 ,074 10,022 72500 • Depreciation Expense 0 0 0 0 0 0 0 73000 • Convention Development 0 0 0 0 0 0 0 76500 • Contract Labor 10,500 7,000 30,701 -20,201 875 2,712 13,945 77500 • Wages Expense 173,596 106,824 91 ,936 81 ,660 13,353 12,392 97,936 Page 8 of 15 Modified Accrual Fayetteville Commission 0 Statement of BudyR, Revenue Expense January through August 2013 TOWN CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Aeeum Budget Actual of Budget Budget Actual Actual 78000 - Electric Utilities 67,384 41 ,947 45,178 22,206 5,155 7,571 39,865 78100 • Gas Utility 9,803 7,361 10,953 -1 ,150 42 126 6,536 78200 - Water Utilitly 8,110 5,276 5,514 2,596 717 898 5,407 78300 • Cabling 0 4,409 78400 • Recycling 1 ,569 1 ,046 0 1 ,569 131 0 1 ,046 78500 - Security 5,652 3,768 2,340 3,312 471 360 3,768 78600 • Airport Advertising 0 0 0 0 0 0 0 78700 - Minor Equipment 0 0 3,811 -3,811 0 649 43,303 78800 • Airport Into Booth 0 0 0 0 0 0 0 89000 - Other Expense / Unallocated 0 0 0 0 0 0 10 94300 • LOTO Special Project 0 95000 - Misc. Special Projects - Othi 10,000 5,000 25,882 -15,882 0 3,864 9,421 95010 • list Thursday 0 0 0 0 0 0 0 95000 • Misc. Special Projects - 0 0 0 0 0 0 0 96500 - Special Funding 0 0 0 0 0 0 0 96600 • Sound System for the Squar 0 96000 - UA Performance Hall 0 0 0 0 0 0 0 97000 • Bond Payments - Town Cent 0 0 0 0 0 0 0 97100 - Trustee Expense 0 0 0 0 0 0 0 99000 • Transfer Out 0 0 0 0 0 0 0 Total Expense 441 ,305 284,016 325,828 115,477 32,674 44,517 327,260 Net Ordinary Income 0 17,573 -19,498 19,498 2,218 -2,797 -59,252 Net Income 0 179573 -19,498 19,498 2,218 -2,797 -59,252 Page 9 of 16 Modified Ae uaI FayettevilleCommission Statement of Bud§R, Revenue Expense • January through August 2013 VISITOR CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual Ordinary Income/Expense Income 40000 - Hotel, Motel, Restaurant Tax 0 0 0 0 0 0 0 40200 • PY Hotel, Motel, Restaurant0 40600 - Rental Income 0 0 0 0 0 0 300 40700 • tat Thursday Income 10,000 9,827 21 ,358 -11 ,358 1 ,000 190 0 40800 • Other Income 0 0 3,265 -3,265 0 1 ,055 9,448 41000 - Parking Revenue 0 0 0 0 0 0 0 41001 • Parking Lease 0 0 0 0 0 0 0 41200 - Gift Shop Sales 0 0 0 0 0 0 0 41300 • Visitor Store 60,000 41 ,300 24,908 35,092 6,000 5,016 38,101 41400 • Partership Income 0 0 3,000 -3,000 0 0 2,000 41600 - Admission Revenue 0 0 0 0 0 0 0 42000 • Special Projects 0 0 300 -300 0 0 760 42600 • Interest Income Investments 0 0 0 0 0 0 0 42800 • Interest Income Checking 250 170 246 4 20 18 204 42900 • Visitor Guide Ad Income 0 0 26,812 -26,812 0 0 0 43200 - LOTO Sponsor Income 0 0 250 -250 0 0 0 98000 • Transfer In 388,355 100,000 0 388,355 88,355 0 100,000 Total Income 458,605 151 ,297 80,139 378,467 95,375 6,279 150,813 Cost of Goods Sold 50000 • Clinton House Gift Shop 0 0 0 0 0 0 0 Total COGS 0 0 0 0 0 0 0 Gross Profit 458,605 151 ,297 80,139 378,467 95,375 6,279 150,813 Expense 60400 • Bank Service Charges 200 140 0 200 40 0 0 61000 • Signage-Tourism 0 0 0 0 0 0 -150 61500 • Credit Card Discounts 2,700 11700 1 ,555 1 ,145 300 187 1 ,769 Page 10 of 15 Modified Accrual Fayetteville Commission Statement of BudW, Revenue Expense January through August 2013 VISITOR CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 62500 - Advertising & Marketing 0 0 220 -220 0 220 801 62600 • Brochures 0 0 0 0 0 0 0 62700 • Website Update 0 0 0 0 0 0 0 63000 • Accounting & Legal Fees 0 0 0 0 0 0 0 63100 • Audit Expense 0 0 0 0 0 0 0 63300 - Insurance Expense 0 0 0 0 0 0 0 64000 • Office Expense 10,000 7,000 3,964 6,036 1 ,000 443 5,905 64100 • Visitor Store Expense 32,500 19,000 11 ,078 21 ,422 3,000 1 ,826 27,727 64200 • Marketing Expense 0 0 0 0 0 0 0 64500 • Insurance - Building 0 0 0 0 0 0 0 64900 • Office Supplies 0 0 0 0 0 0 0 65000 - Insurance & Health Benefits 29,382 18,009 15,530 13,852 2,433 1 ,952 17,469 65500 • 408 (P) Company Match 5,726 3,664 3,047 2,679 458 369 3,050 66000 • Car Allowance 0 0 0 0 0 0 0 66500 - Telephone Expense 5,000 3,328 3,443 1 ,557 416 359 2,898 67000 • Postage & Shipping Expense 0 0 53 -53 0 14 80 67100 - Tracking Software 13,000 7,000 0 13,000 0 0 0 68100 • Rent 0 0 0 0 0 0 0 68400 • Maintenance / Lawn 0 0 0 0 0 0 0 68500 - Repairs & Maintenance Expf 2,000 1 ,600 1 ,626 374 400 0 11788 68600 • Kamensky Fountain Mainten 0 0 0 0 0 0 0 68700 • Linens 0 0 0 0 0 0 0 69500 • Publication & Dues 2,600 0 1 ,329 1 ,271 0 770 1 ,725 70000 • Travel / Training Expense 41 ,625 31 ,670 20,532 21 ,093 4,600 4,471 21 ,089 70500 • Taxes & Licenses 400 400 391 9 0 366 0 71000 • Collections Expense 0 0 0 0 0 . 0 0 72000 - Payroll Tax Expense 17,177 10,992 11 ,511 5,666 1 ,374 1 ,028 10,803 72500 • Depreciation Expense 0 0 0 0 0 0 0 73000 - Convention Development 65,400 52,700 50,316 15,084 6,000 3,148 38,921 76500 • Contract Labor 0 0 378 -378 0 108 442 77500 - Wages Expense 192,496 123,192 125,232 67,264 15,399 13,144 106,881 Page 11 of 15 Modified A aI FayettevilleCommission Statement of Budow, Revenue Expense January through August 2013 VISITOR CENTER 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 78000 • Electric Utilities 5,100 3,495 3,699 1 ,401 625 439 3,357 78100 • Gas Utility 0 0 0 0 0 0 0 78200 • Water Utilitiy 800 540 395 405 65 53 519 78300 - Cabling 0 0 78400 • Recycling 0 0 0 0 0 0 0 78500 • Security 0 0 200 -200 0 0 0 78600 • Airport Advertising 0 0 0 0 0 0 0 78700 • Minor Equipment 7,500 770 2,383 5,117 65 0 7,226 78800 - Airport Info Booth 0 0 0 0 0 0 0 89000 • Other Expense / Unallocated 0 0 0 0 0 0 1 ,999 94300 - LOTO Special Project 0 546 95000 • Misc. Special Projects - Othr 0 0 4,435 -41435 0 4,390 9,961 95010 • 1st Thursday 25,000 22,000 22,544 2,456 4,500 3,341 0 95000 - Misc. Special Projects - 0 0 0 0 0 0 0 96500 • Special Funding 0 0 0 0 0 0 0 96600 - Sound System for the Squar 0 96000 • UA Performance Hall 0 0 0 0 0 0 0 97000 • Bond Payments - Town Cent 0 0 0 0 0 0 0 97100 - Trustee Expense 0 0 0 0 0 0 0 99000 • Transfer Out 0 0 0 0 0 0 0 Total Expense 458,605 307,200 283,857 174,749 40,675 36,629 264,807 Net Ordinary Income 0 -155,903 -203,718 203,718 54,700 -30,350 -113,995 Net Income 0 -155,903 -203,718 2039718 54,700 -30,350 -113,995 Page 12 of 15 Modified Accrual FayeftevilleM Commission Statement of Bud , Revenue Expense January through August 2013 CONSOLIDATED A & P COMMISSION 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual Ordinary Income/Expense Income 40000 • Hotel, Motel, Restaurant Tax 2,522,008 1 ,646,485 1 ,689,867 832,141 202,624 206,292 1 ,622,446 40200 • PY Hotel, Motel, Restaurant ' 0 0 32,745 -32,745 0 581 24,111 40600 - Rental Income 409,000 276,500 291 ,659 117,341 33,000 36,427 274,470 40700 • 1st Thursday Income 10,000 9,827 21 ,358 -11 ,358 1 ,000 190 0 40800 • Other Income 6,004 4,000 4,855 2,689 500 2,295 17,401 41000 • Parking Revenue 7,071 5,468 10,888 -3,817 539 5,149 4,714 41001 • Parking Lease 10,000 9,299 2,830 7,170 0 0 7,966 41200 • Gift Shop Sales 6,000 4,000 4,152 1 ,848 500 404 4,026 41300 - Visitor Store 60,000 41 ,300 24,908 35,092 6,000 5,016 38,101 41400 • Partership Income 0 0 3,000 -3,000 0 0 2,000 41600 • Admission Revenue 7,000 4,668 8,542 -1 ,542 587 753 5,175 42000 - Special Projects 15,234 10,156 4,450 10,784 1 ,270 0 4,080 42600 • Interest Income Investments 11 ,850 7,920 4,483 7,367 990 560 7,901 42800 - Interest Income Checking 3,400 2,275 3,108 292 281 316 3,241 42900 • Visitor Guide Ad Income 40,000 40,000 28,012 11 ,988 0 0 36,650 43200 • LOTO Sponsor Income 0 0 250 -250 0 0 0 98000 • Transfer In 964,670 100,000 0 964,670 88,355 0 130,000 Total Income 4,072,236 2,161 ,897 2,135,108 1 ,938,668 335,646 257,982 2,182,281 Cost of Goods Sold 50000 - Clinton House Gift Shop 5,000 4,000 2,178 2,822 0 0 2,015 Total COGS 5,000 4,000 2,178 2,822 0 0 2,015 Gross Profit 4,067,236 2,157,897 2,132,929 1 ,935,847 335,646 257,982 2,180,266 Expense 60400 • Bank Service Charges 0 140 36 0 0 1 110 61000 • Signage-Tourism 140,000 138,000 10,079 129,921 500 110 7,973 61500 • Credit Card Discounts 6,200 3,957 5,802 398 598 967 3,939 Page 13 of 15 Modified Accrual Fayetteville P Commission • Statement of Butt, Revenue Expense January through August 2013 CONSOLIDATED A & P COMMISSION 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 62500 • Advertising & Marketing 401 ,000 251 ,000 271 ,354 129,646 40,000 55,120 274,324 62600 • Brochures 150,000 114,000 120,528 29,472 10,000 105 141 ,704 62700 • Website Update 35,000 35,000 21 ,806 13,194 35,000 7,362 0 63000 • Accounting & Legal Fees 1 ,300 1 ,300 2,601 -1 ,301 0 1 ,450 8,758 63100 - Audit Expense 10,000 10,000 8,550 1 ,450 2,000 0 2,200 63300 • Insurance Expense 14,863 0 0 14,863 0 0 0 64000 • Office Expense 21 ,089 14,260 14,686 6,404 1 ,932 2,628 12,721 64100 • Visitor Store Expense 32,500 19,000 11 ,078 21 ,422 3,000 1 ,826 27,727 64200 • Marketing Expense 0 0 0 0 0 0 0 64500 • Insurance - Building 0 0 0 0 0 0 0 64900 • Office Supplies 0 0 0 0 0 0 0 65000 • Insurance & Health Benefits 76,945 44,038 37,172 39,773 6,394 4,400 41 ,934 65500 - 408 (P) Company Match 15,887 10,311 8,678 7,208 1 ,299 909 7,817 66000 • Car Allowance 3,600 2,400 21400 1 ,200 300 300 2,400 66500 - Telephone Expense 14,048 9,213 9,269 4,779 1 ,168 1 ,302 4,246 67000 • Postage & Shipping Expens4 19,150 12,090 9,814 9,336 1 ,500 1 ,076 13,497 67100 - Tracking Software 13,000 7,000 0 13,000 0 0 0 68100 • Rent 12,000 12,000 12,000 0 0 0 12,000 68400 • Maintenance I Lawn 8,000 200 125 7,875 0 0 350 68500 - Repairs & Maintenance Expf 104,250 69,761 89,921 14,329 8,795 23,298 42,682 68600 • Kamensky Fountain Mainten 5,000 3,328 4,233 767 416 214 1 ,434 68700 - Linens 31 ,290 20,860 16,427 14,863 2,607 2,466 17,929 69500 • Publication & Dues 14,995 11 ,575 16,078 -1 ,083 0 935 3,599 70000 - Travel / Training Expense 62,720 47,670 32,503 30,217 4,600 8,630 29,057 70500 • Taxes & Licenses 6,400 5,657 8,397 -1 ,997 173 618 4,009 71000 - Collections Expense 49,648 32,926 34,452 15,196 4,052 4,137 32,931 72000 • Payroll Tax Expense - 52,691 33,039 29,268 23,423 4,157 3,406 29,208 72500 - Depreciation Expense 20,000 13,320 11 ,911 8,089 1 ,665 0 0 73000 • Convention Development 65,400 52,700 50,316 15,084 6,000 3,148 74,182 76500 - Contract Labor 18,996 12,200 35,147 -16,151 1 ,475 3,300 39,244 77500 • Wages Expense 580,112 363,297 345,917 234,195 45,785 42,273 293,171 Page 14 of 15 Modified Accrual Fayetteville Commission • Statement of BudW, Revenue Expense January through August 2013 CONSOLIDATED A & P COMMISSION 2013 Jan-August 2013 2013 Balance Monthly Monthly 2012 YTD Annual Budget Accum Budget Actual of Budget Budget Actual Actual 78000 • Electric Utilities 73,694 46,006 49,690 24,004 5,947 8,171 43,961 78100 • Gas Utility 11 ,036 8,299 11 ,749 -713 68 126 7,274 78200 • Water Utilitiy 10,600 6,655 6,898 3,702 1 ,032 1 ,350 7,111 78300 • Cabling 0 0 0 0 0 0 4,668 78400 - Recycling 1 ,569 1 ,046 0 1 ,569 131 0 1 ,046 78500 • Security 5,927 3,929 2,693 3,234 494 382 3,943 78600 • Airport Advertising 7,140 3,570 3,570 3,570 0 0 5,175 78700 - Minor Equipment 83,500 51 ,420 10,184 73,316 6,315 1 ,082 52,977 78800 • Airport Info Booth 5,200 4,800 3,600 1 ,600 1 ,200 0 3,600 89000 - Other Expense I Unallocated 15,083 3,082 0 15,083 3,082 0 2,295 94300 • LOTO Special Project 0 0 325 -325 0 0 546 95000 - Misc. Special Projects - Othf 152,328 139,328 212,648 -60,320 0 25,354 190,754 95010 • let Thursday 25,000 22,000 22,544 2,456 4,500 3,341 0 95000 • Misc. Special Projects - 0 0 0 0 0 0 0 96500 - Special Funding 0 0 600,000 -600,000 0 0 0 96600 • Sound System for the Squar 50,000 50,000 0 50,000 50,000 0 0 96000 - UA Performance Hall 500,000 0 0 500,000 0 0 0 97000 • Bond Payments - Town Cent 669,208 449,208 449,829 219,379 55,591 56,229 449,072 97100 • Trustee Expense 6,000 4,500 3,375 2,625 0 11125 3,975 99000 • Transfer Out 464,669 464,669 0 464,669 88,355 0 130,000 Total Expense 4,067,037 2,608,754 2,597,651 11469,422 400,132 267,140 2,035,545 Net Ordinary Income 199 -450,856 464,722 466,425 -64,486 -9,158 144,721 Net Income 199 450,856 464,722 466,425 -64,486 -9,158 144,721 Page 15 of 16