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HomeMy WebLinkAboutItem #11 - Discussion ItemDEPAITIM ENrAL BUbMr AND PWMCN S(LHM tY teended t Amended Adopted Amtoeti 12xkxmtad 1986-87 1087-88 1988-89 1988-89-89 1,W,_, Personnel Services $ 256, 788. $ 262, 577. $ 262, 577. $ 366, 963, 4 operating Expenses 465,633. 507,043. 5070043. 722,073. Capital Outlay 1,600. 6,500. 6,500. 90500. Total $.397,512. $ 724,021. 776,120.__ $776,120. 1,098.5 6 c: Positions 6 6 6 7.5 The Miami Sports and Exhibition Aut�horitt''s responsibility is to facilitate and promote activities, improve- myents an"'3�f'ructure necessary to expand and attract conventions, exhibition and tourism related activi- ties, professional and international sports, as well as other events and programs which will contribute to economic and social growth in the City of Miami. SELECTED OBJECTIVES To propose a flexible strategy to maintain infrastructure and public facilities available for convention/exhibi- tion and sporting events concurrent with local plans to develop the convention, exhibition, tourism and sports industries, and for the use and benefit of the citizens of the City of Miami. To become a leading participant in all efforts to attract professional sports franchises and national/interna- tional sporting events to the local area. To work with the City of Miami to develop a recognized expertise in the field of planning, designing, construct- ing public/private convention, exhibition, and sports facilities, or components thereof. To establish an annually escalated pool of public/private funding resources earmarked for operation, construc- tion, and development of projects and programs consistent with our mission. BUDGET HIGHLIGHTS The fiscal year 1989-90 budget is approximately 41.5% or $322,416 greater than the previous fiscal year. This increase is primarily attributable to the following spec budget item modifications: Addition of Deputy Director position $ 92,000 Expanded professional services 80,000 Event sponsorship commitments 135,000 53071000 LR10 77 i Rl y .r. F iYii t _ { yy 9 Imp 'I -A n 00,294 300,204 ► ,i . {{ Jai F.T i G f , �� �y ! to 76 120 * Other , *. rirou"nd Leaid.--+: Seat rise , Revenues + investment larttings a °S '� 1�# '6:'Ch � E :'. •.k f.' \ s i+ =F;. A V�i`�'Pt. �' ���t ,{ S ,.y -�" n � .'r', �,{., 4r. �•:r t1 '� 'S .� !` \ r q ��er a�6 '-k 'w�'�1•; �i ?�F#�7n �x'hivi'1,. i%'f [� '... 1 dt k��t pfi�.„ R 3S t q� 1' '�s4�j-.' +y�L Py;Y •?�'�f} r3 47 .;R u +.Mf 1 x • �R• ,# - .. y t 1P,t1 i _ � r 1 �� F.•r� s�f� - r �E;�''C' x�'�'�ti'r�k ti �"i�/n`" �F� � ��3\\; 3 �.. ,'a�k�vn� • k £ n ,{ .. t $. s a c , '1' h •v i t,.q s�J 'i. s: �^ ^(,� �•_''' �`"f '^' •yF`t; j � � P ��� �.'' � tp ��+' �T _ �Y i.:tt' vyC.Y.:,h.� {• li. �.::�ti(��D€ •Y .,'. ✓' 1! .lAl I 0 Administrative Managerial Finance Marketing/Special Projects Professional Services Event Sponsorship Contingencies b6partmsnt o PY190 Mnctional Cost Ci•VYYCOST Y 2.5 95,935. 8.73 2 149,121. 13.57 1 116,192. 10.58 2 155,089. 14.12 4- 0 322,200. 29.33 0 185,000. 16.84 0 75,000. 6.83 PERFORMANCE INDICATORS/ACCOMPLISHMENTS * Coordinated implementation of new CDT collection program, resulting in substantial increase in Bed Tax receipts. * Spearheaded lobbying effort in Tallahassee to change Transient Tax collection procedures in CDT legislation, increasing collections for the City of Miami. a - * Refinanced $10 Million Subordinate Obligation Note, freeing City of its secondary pledge of the Utility Service Tax, and also saving the Authority $1 million in interest payments. * Developed bid to bring NBA All -Star Game to Miami in 1990. * Assisted in securing 1990 Sunshine State Games and National Golden Gloves Boxing Championship for Miami. * Providing development and construction expertise for construction of fountain in Mildred & Claude Pepper Bayfront Park. * Developed extensive database on all convention/exhibition centers and major league baseball stadiums in the U.S. * Assisted in development of City of Miami Performing Arts Center proposal. FWANCE ADMINISTRATIVE MARKETING/SPECIAL PROJECTS cowtvall r 1 Administrative Assistant 1 Marketing Manager 1 Secretary/Receptionist 1 Special Projects Coord. 1 Clerical Assistant-P/T .5 2 2.5 -9