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H9. Res. 6222, 2025 TBID Appropriations-00 CITY OF City of Kalispell ALISPELL post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7000 Fax - (406) 758-7758 REPORT TO: Doug Russell, City Manager FROM: Aimee Cooke, Finance Director SUBJECT: FY2025 Tourism Business Improvement District Appropriations MEETING DATE: August 19, 2024 BACKGROUND: The TBID annual appropriations request is $1,171,200. The TBID is a component unit of the City of Kalispell, and City Council approval of the appropriation is required. Collections for hotel assessments are passed through to the Chamber of Commerce from the City, but the City does not maintain a fund on its books to track their revenue or expenditures. RECOMMENDATION: It is recommended the City Council approve Resolution 6222, a resolution setting the annual appropriation for the Tourism Business Improvement District of the City of Kalispell, Montana, as set forth in the 2024-2025 budget adopted by the City Council. ATTACHMENTS: Resolution 6222 Appropriations for TBID Return to: Kalispell City Clerk PO Box 1997 Kalispell, MT 59903 RESOLUTION NO. 6222 A RESOLUTION SETTING THE ANNUAL APPROPRIATION FOR THE TOURISM BUSINESS IMPROVEMENT DISTRICT OF THE CITY OF KALISPELL, MONTANA, AS SET FORTH IN THE 2024-2025 BUDGET ADOPTED BY THE CITY COUNCIL. SECTION 1. That the annual appropriations for the Tourism Business Improvement District of the City of Kalispell, Montana are hereby fixed as follows: TOURISM BUSINESS IMPROVEMENT DISTRICT $1,171,200 SECTION 2. The Tourism BID Board of Directors is hereby authorized to transfer any part of an unencumbered balance of an appropriation to a purpose or object for which the appropriation for the current year is insufficient or to transfer between items appropriated within the fund. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 19TH DAY OF AUGUST, 2024. Mark Johnson Mayor ATTEST: Aimee Brunckhorst, CMC City Clerk TOURISM BUSINESS IMPROVEMENT DISTRICT FUND: 7855 PROJECTED FIDUCIARY RECEIPTS AND FUNDS DUE TO ACTUAL BUDGET ACTUAL BUDGET FY22/23 FY 23/24 FY23/24 FY 24/25 BEGINNING CASH 10100 CASH: $75,000 $0 $0 $0 Total Cash $75,000 $0 $0 $0 RECIEPTS (DUE TO TBID) 10100 Room Tax $625,000 $685,000 $685,000 $1,171,200 Total Receipts $625,000 $685,000 $685,000 $1,171,200 TOTAL AVAILABLE $700,000 $685,000 $685,000 $1,171,200 DUE TO Administration $48,500 $58,560 Staffing $260,000 $292,800 Education/Outreach $13,000 $23,424 Agency Services $75,000 $117,120 Research $20,000 $23,424 Website $17,000 $23,424 Destination Marketing $175,000 $386,496 Destination Stewardship/Mgmt $11,500 $11,712 Destination Development $65,000 $234,240 $700,000 $685,000 $685,000 $1,171,200 ENDING CASH CASH: $0 $0 $0 $0 PROGRAM DESCRIPTION The Tourism Business Improvement District is a component unit of the City of Kalispell_ The City does not record revenues and expenses of the district. The funds are passed thru to the Chamber of Commerce. The Chamber is responsible for managing the funds and providing the City with financial statements. 31