CVB approves final budget
Published 10:36 am Monday, July 2, 2018
The Danville-Boyle County Convention and Visitors Bureau passed its 2018-19 fiscal year budget during its regular meeting Thursday morning.
In presenting the final budget to the board, the CVB’s executive director, Jennifer Kirchner, said the amount of revenue expected is $289,000. Along with a carryover of about $25,000 from the current fiscal year, the CVB expects to have about $314,000 in available funds.
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A total of $313,685 has been budgeted for expenses.
Kirchner said the bulk of the revenue is expected to come from the local room tax, charged through hotel room rentals in Boyle County. The room tax is estimated to bring in $260,000.
Money the CVB is planning on spending includes tourism asset development and support: $1,000 to the Constitution Square Park Endowment; $12,500 total to the BBQ Festival, Great American Brass Band Festival and Harvest Fest; $2,000 to convention support and sponsorship; and $13,000 for a matching trails grant and marketing.
Other expenditure totals include personnel, $132,625; advertising, $120,000; professional development, $11,300; business operations, $19,060; and memberships, $2,200.