Manatee County Government Administrative Center First Floor, Commission Chambers 9:00 a.m. - March 6, 2018
REVISED March 6, 2018 - Regular Meeting
Agenda Item #18

Budget Amendment to Shift Monies from Reserves to Airline Incentives


Contact and/or Presenter Information
Presenter:  Elliott Falcione, CVB Executive Director

Contact:  Monica Luff, CVB Sr. Admin. Specialist

Action Requested
Approval to move $150,000 from Reserve fund to Tourist Development Tax fund to be used for Airline Incentives (marketing for new non-stop flights at SRQ Airport), AND adoption of Budget Amendment Resolution B-18-047 amending the annual budget for Manatee County for FY 2018.

Enabling/Regulating Authority
Code of Laws 2-29-25  Tourist Development Plan
F.S.S. 125.0104  Authorized uses of Resort Tax Funds

Background Discussion
  • On February 12, 2018, the Tourist Development Council unanimously recommended approval.
  • For the past two years, the CVB has budgeted $100,000 annually specifically earmarked as an incentive for airlines to operate non-stop flights to SRQ.  The airport has had good success this year by securing additional new non-stop flights to SRQ.
  • With these additional flights secured, we have exhausted our budgeted amount for this fiscal year.
  • We request to shift dollars from the Reserve fund to the Tourist Development Tax fund in the amount of $150,000 to be used for Airline Incentives (marketing for new non-stop flights at SRQ).
  • TDC also recommended approval to re-allocate the already budgeted $100,000 (that was to be used as matching dollars  for a federal aviation marketing grant that has since expired) to be used for Airline Incentives instead.  Therefore, the replenished Airline Incentive marketing line item will now total $250,000 that we will utilize for the remainder of this fiscal year.
  • The Budget Amendment B-18-047 is to appropriate the funds.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other

Reviewing Attorney

Instructions to Board Records
Copy of approved agenda memo to Monica Luff, CVB; Eva Galler, CVB; and Budget office:  monica.luff@mymanatee.org, eva.galler@mymanatee.org, budget@mymanatee.org.

Cost and Funds Source Account Number and Name
1030002202 CVB Promotions

Amount and Frequency of Recurring Costs
$150,000; one time

Attachment:  SRQ Airline Incentive Request.pdf
Attachment:  B-18-047.pdf