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HomeMy WebLinkAboutCity Council Committees - Lodging Tax Advisory Committee - 04/17/2014 (2) KENT AGENDA LODGING TAX ADVISORY COMMITTEE MEETING April 17, 2014, 4 pm Centennial Building - Centennial North and South (across from the elevators) Mission Promote the City as a destination to increase tourism and business development 1. Introduction/Welcome Bill Boyce ➢ Additions to the agenda ➢ Approval of the minutes of March 27, 2014 2. KDP Report Barbara Smith 3. Chamber Report Andrea Keikkala 4. Budget 2014 Monthly Report Barbara Lopez 5. Branding / Marketing Update Michelle Wilmot 6. Lodging Tax Funding Request 7. Next meeting date Next regular meeting 06/19/14 @ 4 pm (every other month on the 3rd Thursday) LODGING TAX OPERATING FUND As of March 31, 2014 2013 2014 2014 2014 Actual Budget YTD Est Actual Beginning Fund Balance 95,397 110,839 193,663 Revenues Lodging Tax 217,618 196,812 38,890 206,653 Miscellaneous Income 85 50 40 50 Total Revenues 217,703 196,862 38,929 206,703 Total Resources 313,099 307,701 38,929 400,366 Expenditures Seattle Southside Visitor Services 60,000 60,000 60,000 Tourism Unallocated 10,000 20,000 20,000 Tourism Chamber 18,500 18,500 4,625 18,500 ShoWare Marketing 35,000 60,000 60,000 Branding Activities 20,000 279 20,000 Total Expenditures 123,500 178,500 4,904 178,500 Transfers Out - Showare Center Marquee (4,064) Total Expenditures and Transfers 119,436 178,500 4,904 178,500 Change in Fund Balance 98,266 18,362 34,026 28,203 Ending Fund Balance 193,663 129,201 34,026 221,866 1 � April 17", 2014 Project: Request for Additional Funding for the following: • Creating up to 6 "Kent Local" interview videos These videos would eventually lead to a Kent Tourism video based off of the branding statement and approved TV script per Tourism Committee. The Interview videos will feature a FULL interview of the notable or local person showcasing the things they enjoy doing, places they enjoy visiting, restaurants they dine at, events they love to attend, outdoor activities etc. These videos will eventually turn out to be "A day in the life of a Kent local" segments built to act as an itinerary for those visiting. All footage that would be taken could eventually be produced into a longer video segment based off of the branding statement made for Kent Tourism. o Cost for up to 6 Interview videos: $10,000. ■ This includes video production, still frame photography and the ability to use all footage at a later date • One 4 minute Kent Branding Video - The Branding video will be produced to tell the story of "Kent" based off of the Branding statement and video script approved by the Tourism Committee. This video can be used for Tradeshows, Experience Movement and showing the world what Kent has to offer! o Cost of one - 4 minute Branding video: $7,500 ■ This branding video will include voiceover, music production and any desired footage shots based off of video script approved by the Kent Tourism Committee Total Cost for 6 Interview Videos & 1 Long Segment Branding video: $17,500