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File #: 10-436    Name: MCVB FY 2010-2011 Budget
Type: Agenda Item Status: Approved
In control: City Council Regular Meeting
On agenda: 9/21/2010 Final action: 9/21/2010
Title: Consider/Discuss/Act on McKinney Convention & Visitors Bureau Budget for Fiscal Year 2010-2011
Attachments: 1. MCVB FY10-11 Budget, 2. MCVB Budget Summary

Title

Consider/Discuss/Act on McKinney Convention & Visitors Bureau Budget for Fiscal Year 2010-2011

 

Summary

 

MEETING DATE:                     September 21, 2010

 

DEPARTMENT:                                           McKinney Convention & Visitors Bureau

 

CONTACT:                                            Diann Bayes, Executive Director

 

 

RECOMMENDED CITY COUNCIL ACTION:                     

                     Approval of McKinney Convention & Visitors Bureau’s Proposed Budget for FY 2010-2011

 

ITEM SUMMARY: 

Initiatives for FY 2010-2011

                     Continue to market existing niches and identifying other potential niches for visitors;

                     Continue to work with city’s communications team to ensure consistent branding for McKinney;

                     Increase sales calls to corporate/association market;

                     Continue to qualify leads for potential meetings/overnights in McKinney;

                     Provide MCVB services and assistance to groups/meetings;

                     Continue PR campaign through familiarization tours, motor coach operators, meeting planners and film commissions;

                     Continue to promote existing and future hotel/meeting space to meeting planners, tour operators and leisure travelers; and

                     Develop sales strategies, updated Request for Proposals and marketing options for future hotels, convention center and other tourism-related venues.

                     

BACKGROUND INFORMATION: 

                     Previously reviewed at May meeting with Finance Department and MCVB Finance Committee

                     Represents a 9.5% decrease from last year’s budget primarily due to the decrease in hotel occupancy taxes.

 

FINANCIAL SUMMARY: 

                     See attached budget

 

BOARD OR COMMISSION RECOMMENDATION:

                     The McKinney Convention & Visitors Bureau Board approved this budget at the July 8, 2010 Board Meeting