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HomeMy WebLinkAboutTDA Board Meeting May 26 2021 NEW HANOVER COUNTY TOURISM DEVELOPMENT AUTHORITY BOARD OF DIRECTORS May 26, 2021 PRESENT: Mary Baggett- Wrightsville Beach Hotel/ Owner Craig Bloszinksy- Mayor- Town of Kure Beach Jason Bryant – Vacation Rentals Ken Dull – Town of Wrightsville Beach Natalie English- Wilmington Chamber of Commerce Hap Fatzinger- NHC attractions Deb Hays – NHC County of Commissioner Kim Hufham – President/CEO – NHC TDA Nicole Jones – Wilmington Hotel (150-) LeAnn Pierce- Mayor – Town of Carolina Beach Daniel Perkins – Wilmington Hotel (150+) Angela Rhodes – NHC restaurants Bill Saffo – Mayor- City of Wilmington Tom Ullring- Carolina Beach Hotel EXCUSED: Chuck Pennington, Bed & Breakfasts STAFF: Kim Little, Administrative Services Manager/Recording Secretary Karla Thompson, Systems Administrator Shawn Braden, Executive VP Marketing John Sneed, VP Sales Connie Nelson, PR/Communications Director Linda Brothers, Financial Analyst, New Hanover County Chairman Jason Bryant called the meeting of the New Hanover County Tourism Development Authority Board of Directors to order at 5:00 p.m. as a WebEx virtual meeting at the NHC TDA offices. ITEM #1 EXCUSED MEMBERS Chairman Jason Bryant noted excused absence for Chuck Pennington, B &B. 1 ITEM #2 -RECOGNITION OF NEW & REAPPOINTED MEMBERS Mary Baggett as the Wrightsville Beach accommodations ITEM #3 – APPROVAL OF BOARD MINUTES – March 31, 2021 \[Motion made by Tom Ullring, seconded by Jason Bryant, and unanimously approved to accept March 31, 2021, TDA Board minutes as presented.\] ITEM #4 – FINANCIALS/ROT REPORT –LISA WURTZBACHER NHCTDA Treasurer Lisa Wurtzbacher reported for July 1, 2020 – April 30, 2021. \[Motion made by Ken Dull, seconded by Chuck Pennington to accept the financial statements, as presented.\] ITEM #5 BUDGET PRESENTATION- KIM HUFHAM President/CEO Kim Hufham presented the budget for the FY 2021-2022.  Revenue Projections: st o 1 3% - up 36.45% - FY 20/21 down 33.92% o Carolina Beach – up 89.88% - FY 20/21 Down 32.23% o Kure Beach – up 105.8% - FY20/21 Down 35.92 o Wrightsville Beach – up 72.10 % - FY 20/21 Down 29.58% o District U – up 119.87% - FY 20/21 Down 42.61%  Overall Expenses up by 25% over FY 20/21 – comparisons are also made to 19/20 to show expense increase to reach previous levels that were dropped due COVID during FY 20/21 – Overall down 10.01% compared to FY 19/20  Fund Balance Request of $ 67,500 o Research – New audience & Brand awareness o Personnel: o Overall up 22.46% over FY 20/21 (Down 5.5% compared to FY 19/20) o COVID has provided the opportunity to re-assess staffing needs and duties. FY 20/21 saw a reduction in staffing both full time and part- time, with the reduction of 3 full time positions and VIC staffing. Working with DCG consultancy and CVB department heads, the following staffing additions/changes are recommended:  Director of Marketing & Content (new position) 2  Visitor information specialist (FT – new position  Senior Sales Manager – added group markets (Salary increase)  Communications/PR Specialist – added responsibilities (Salary Increase)  2.5% merit pool  1.3% Cost of living adjustment  CVB Salary Adjustment: o Recommending 5% industry salary adjustment increase to staff to bring current salaries closer in line with NC industry market averages. This will also help offset the benefits reduction that were seen by the reduction in retirement benefits during FY 20/21. .  Marketing: o Continue with Unified Marketing Campaign with beaches o Larger reach as one campaign & pooling funds o Content and Video production o Advertising – up 27%  District U: o Working with DSA Sports consultants – presenting sports strategy for upcoming years. Will define line items on sports marketing with implementation of recommended strategies o Leisure will continue to focus on outdoor attractions and opportunities A copy of the FY 2021/2022 NHC TDA Budget is in Exhibit Book XIIII \[There being no further discussion on the FY 2021/2022 NHC TDA Budget. Daniel Perkins made a motion that the FY 2021/2022 Budget in the amount of $7,761,414 be recommended for adoption and seconded by Nicole Jones. A copy of the proposed budget is attached for record. The formal budget adoption and Public Hearing is set for June 9, 2021 at 5:00 pm.\] *Addendum: The 2021/2022 NHC TDA Budget Ordinance that will be adopted at the June 9, 2021 Public Hearing & Budget Adoption meeting. The budget was presented and reviewed in detail at the May 26, 2021, TDA Meeting. Please note that during preparation of the ordinance, a correction was made to the revenue account due to an nd adjustment in the Administrative Revenue. The 2 3% Promotion revenue was reduced by $ 13,311 and will be accounted for in the budget preparation for these accounts. ITEM #6 –– CVB UPDATES & PRESIDENT’S COMMENTS – KIM HUFHAM In Marketing, for the upcoming year, we will continue with the Unified Campaign with the beach destinations. This approach has a larger reach as one campaign & pooling funds. We have contracted with Destination Analysts to conduct a new audience study to identify and profile travelers. 3 We are awaiting the final report from Destination Consultancy Group on Sports Marketing and Convention Marketing to advise us how to better focus our strategies for future development in these areas. We are awaiting signs to direct visitors to the new location of the CVB offices. Natalie English praised the newly bricked paved walkway inviting visitors from the Riverwalk to the front door of the lobby. ITEM #7– CHAIRMAN’S COMMENTS – Jason Bryant ITEM #8- OLD BUSINESS/NEW BUSINESS Additional information located in Exhibit Book XIII. ADJOURNMENT There being no further business to come before the NHC TDA Board of Directors, Motion to adjourn at 6:00 pm made by Hap Fatzinger and was seconded by Tom Ullring and carried unanimously. Next meeting – Public Hearing & Budget Adoption – June 9, 2021, at in the River Room in the Wilmington Chamber of Commerce. ______________________________ __________________________ Kim Hufham, President/CEO Angela Rhodes, Secretary Minutes located in TDA Board Minutes Book XIIII 4