Loading...
HomeMy WebLinkAbout2017-06-05; Carlsbad Tourism Business Improvement District; Resolution 2017-21 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 EXHIBIT 1 RESOLUTION NO. 2017-2 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ADVISORY BOARD OF THE CARLSBAD TOURISM BUSINESS IMPROVEMENT DISTRICT (CTBID) OF THE CITY OF CARLSBAD, CALIFORNIA, TO APPROVETHEANNUALREPORT WHEREAS, the CTBID was formed in accordance with the California Government Code Parking and Business Improvement Area Law of 1989 (Sections 36500, et. Seq. of the Streets and Highways Code), and WHEREAS, Section 36533 of the Code requires the CTBID Advisory Board to present an annual report to the City Council's for their review and approval for each fiscal year for which assessments are to be levied and collected to pay the cost for the improvements and activities described in the report; and WHEREAS, an Annual Report has been prepared for the 2017-18 fiscal year, and WHEREAS, the Board of Directors of the Carlsbad Tourism Business Improvement District wishes to approve the Annual Report; and WHEREAS, the Board of Directors of the Carlsbad Tourism Business Improvement District wishes to submit the report to the City Council for approval; and NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Carlsbad Tourism Business Improvement District of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the Annual Report shown at Exhibit A is approved in its entirety by the Board of Directors of the Carlsbad Tourism Business Improvement District. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3. That the approved Annual Report of the Carlsbad Tourism Business Improvement District will be presented to the City Council for their approval at a June 2017 meeting. PASSED, APPROVED AND ADOPTED at a regular meeting of the Board of Directors of the Carlsbad Tourism Business Improvement District of the City of Carlsbad held on the ~5..L..t......,b..._ __ day of _ __u_,l ..... tm.u.:e=--------' 2017 by the following vote, to wit: ATTEST: AYES: BQard Members Stripe, Becerra, Canepa, Idris, Malaspina, Samietz and Sims NOES: ABSENT: ourism Business Improvement District Ill -2- EXHIBIT A Carlsbad Tourism and Business Improvement District (CTBID) Annual Report 2017-2018 Method of Assessment: The CTBID includes all hotel businesses located within the CTBID boundaries. The assessment shall be levied on all hotel businesses, existing and future, within the City of Carlsbad based upon a flat fee of $1.00 per occupied room per night for all transient occupancies as defined in section 3.12.020(7) of the Carlsbad Municipal Code. The amount of assessment shall be separately stated from the amount of the rent and other taxes charged, and each transient shall receive a receipt for payment from the operator. The assessment will be remitted monthly, based on $1.00 per occupied room per night in revenues for the previous month. Assessment Funding Purpose: To administer marketing and visitor programs to promote the City of Carlsbad as a tourism visitor destination and to fund projects, programs, and activities, including appropriate administrative charges,that benefit hotels within the boundaries of the District. 2016-17 Work Plan: Last fiscal year, the CTBID contracted with Carlsbad Convention and Visitors Bureau (dba Visit Carlsbad) to provide tourism marketing services for Carlsbad. In addition, $99,000 in grants were awarded to fund projects and events to increase the overnight stays in Carlsbad hotels. The CTBID 2017-18 budget includes $1,077,535 in funding for Visit Carlsbad. The services provided will focus primarily on driving demand in the leisure market during the off peak season. The majority of this will be done by interactive marketing and group sales. Visit Carlsbad will also contract with a public relations firm to continue branding Carlsbad. Funding also includes managing the visitor center and publications. The Visit Carlsbad Board will review the CTBID grant applicants and make the funding recommendations, for which there is $150,000 allocated this year, to the CTBID Board. Detail of the 2017-18 budget is shown on the following page. 2017-18 Recommended CTBID Budget Program Areas Description Carryover Fund Balance Revenues: CTBID Assessment $1 per room night Interest Earnings Total Estimated Revenues Ex12enditures: 2% Admin. Fee-City 2% of CTBID assessment revenue, for collection of CTBID assessment and accounting for CTBID CCVB Payment To operate visitor center, market and promote Carlsbad Staff support Staff support to the CTBID-2% of revenues CTBID Grants Grant program established by CTBID Board Total Expenses Ending Fund Balance Contingency for Revenue shortfall VisitCarlsbad Contract Group Marketing 2017-18 Digital Marketing Public Relations Remaining Total 2014-15 Actuals $280,435 1 '1 04,688 3,778 1 '1 08,466 22,093 766,538 22,835 40,000 851,466 $537,435 345,320 250,000 110,000 382,715 $ 1,088,035 EXHIBIT A 2015-16 2016-17 2016-17 Actuals Projected Recommended Actuals Budget as of 4/30/17 2016-17 Actuals 2017-18 Budget $537,435 $655,774 655,774 655,774 691 ,062 1,167,716 1 '160,000 998,009 1 '155,000 1,200,000 10,442 2,735 4,200 1,178,158 1 '160,000 1,000,744 1 '159,200 1,200,000 23,336 23,200 19,959 23,100 24,000 893,463 978,612 81 7,707 978,612 1,077,535 33,523 23,200 13,184 23,200 24,000 109,497 200,000 44,000 99,000 150,000i 1,059,819 1,225,012 894,850 1,123,91 2 1,275,535 $655,774 $590,762 $761 ,668 691 ,062 615,527