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CITY COUNCIL <br />AGENDA ITEM 1E <br />STAFF ORIGINATOR: Jeff Karlson, City Administrator <br />MEETING DATE: October 14, 2019 <br />TOPIC: 2020 Budget for Twin Cities Gateway Visitors Bureau <br />VOTE REQUIRED: 3/5 <br />INTRODUCTION <br />The City Council is being asked to adopt the Twin Cities Gateway (TCG) 2020 budget that was <br />approved by the TCG Board of Directors at its September 17, 2019 meeting. <br />BACKGROUND <br />The TCG budget is provided annually to each member city by October 1 in accordance with the <br />member cities agreement. The budget, as presented, does not include additional resources <br />available to TCG via partnerships, co-op programs, and added-value. <br />In addition to the attached budget is a budget overview that highlights how the funds are used <br />for each of the allocated budget line items. The organization remains in a strong financial <br />position. <br />RECOMMENDATION <br />Approve the 2020 budget adopted by the Twin Cities Gateway Board of Directors. <br />ATTACHMENTS <br />TCG 2020 Budget <br />2020 Budget Overview