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AGENDA ITEM 6A <br />STAFF ORIGINATOR: Mary Divine <br />MEETING DATE: October 24, 2011 <br />TOPIC: Consideration of Resolution No. 11 -105 Approving Twin City <br />Gateway Budget for 2012 <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />Twin Cities Gateway (TCG), the Tourism Bureau serving the northeast metro area, has <br />established its 2012 budget. According to its by -laws, the annual budget shall be <br />reviewed by each member city. <br />The tourism bureau was established in 2010 and is supported by a 3% hotel tax. The <br />main purpose is to increase the number of visitors to area hotels, which in turn helps <br />support shopping, dining and recreation venues in each city. Barb White, sales director <br />at the Lino Lakes Hampton Inn & Suites, said that year to date, they have over 1,200 <br />more room nights then they did last year at this time. Much of the positive impact is <br />because as part of the tourism bureau, they are a preferred hotel for the National Sports <br />Center in Blaine, which is Minnesota's second largest attraction next to the Mall of <br />America. <br />Twin Cities Gateway 2012 Budget summary: <br />• FY2011 revised budget: $621,000. <br />• FY2012 Approved Budget: $625,200 <br />• FY2012 Operating and Marketing Expenditures: $634,200 <br />• FY2012 Projected Fund Reserve: $308,992 <br />• <br />The bulk of 2012 revenues will be spent for operations; sports marketing, regional <br />destination marketing and a regional marketing grant program. The TCG also provides <br />fyearly grants to help support each community's annual festival. <br />Requested Council Direction <br />1. Approve Resolution No. 11 -105 Approving the 2011 Budget for MN Metro North <br />Tourism. <br />2. Do not approve the budget. <br />Attachments: <br />1. Resolution No. 11 -105 <br />2. Twin City proposed budget for 2012 <br />3. Executive Summary of 2012 Budget <br />4. Summary of Cities Hotel Tax Collection through June 2012 <br />