MN METRO NORTH TOURISM
<br />2024 SUMMARY BU DGET REPORT
<br />July 2024 YTD
<br />2024
<br />2024
<br />ActuaVYTD
<br />2022
<br />2023
<br />Adopted
<br />Actual
<br />i 616,016
<br />Actual
<br />i 872,279
<br />Ekidget
<br />i 757,172
<br />$ 757.172
<br />FUND RESERVE ATBEGINNING or -YEAR
<br />REVENUES AND 07HER SOURCES
<br />Lodging Taxes
<br />$ 1,217,765
<br />$ 1.177,636
<br />$ 1,200,000
<br />$ 419,321
<br />Grants
<br />37,500
<br />30,000
<br />20,000
<br />25,000
<br />Investment income
<br />317
<br />475
<br />-
<br />269
<br />Other
<br />-
<br />-
<br />-
<br />2,032
<br />1,255A82
<br />1,208,111
<br />1,220,000
<br />446,622
<br />0PERA7AVG EXPENDITURES
<br />Management contracts
<br />Other administrative costs
<br />191,108
<br />16,648
<br />223,240
<br />24,668
<br />225,000
<br />55,000
<br />137,346
<br />7,795
<br />11,667
<br />3,351
<br />Fridley FiscalAgent)
<br />Organizational insurance
<br />15,000
<br />-
<br />20,000
<br />3,923
<br />20,000
<br />4,000
<br />Organizational memberships
<br />Other Contractual
<br />3,340
<br />1,680
<br />2,458
<br />1,068
<br />4,000
<br />1,000
<br />495
<br />1,212
<br />PAARKEANG EXPEND17URES
<br />Websiteenhancement/Socialmedia
<br />46,238
<br />90,390
<br />110,000
<br />29,731
<br />Destination Marketing
<br />468,680
<br />634,336
<br />690,000
<br />326,726
<br />Promotions/collateral materials
<br />12,337
<br />26,643
<br />30,000
<br />6,653
<br />Public/media relations
<br />7,530
<br />2,465
<br />10,000
<br />-
<br />New Venue/Publicfacilities promotion
<br />Member City Grants
<br />-
<br />99,965
<br />-
<br />150,010
<br />-
<br />185,000
<br />-
<br />117285
<br />9,739
<br />37,143
<br />Meeting & conference marketing & promotion
<br />Sports Marketing
<br />9,991
<br />121,402
<br />14,114
<br />124,904
<br />37,000
<br />180,000
<br />Regional Grant Program
<br />5,600
<br />5,000
<br />10,000
<br />-
<br />689,143
<br />999,319
<br />1,323,219
<br />1.541,000
<br />Revenue over,(under) Expenditures
<br />256,263
<br />(115,108)
<br />(321,000)
<br />(242,521)
<br />FUNDRESERVE
<br />$ 872,279
<br />$ 757,172
<br />$ 399,406
<br />$ 514,651
<br />G
<br />TWIN CITIES
<br />GATEWAY
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