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HomeMy WebLinkAboutTDA Executive Board Meeting May 23 2022 NEW HANOVER COUNTY TOURISM DEVELOPMENT AUTHORITY EXECUTIVE COMMITTEE MEETING May 23, 2022 PRESENT: Nicole Jones – Chairman Angela Rhodes – Vice Chairman Kim Hufham – President/CEO Martha Wayne– NHC Chief Finance Officer STAFF: Kim Little- Admin. Services Manager/Recording Secretary Linda Brothers-Senior Financial Analyst, NHC NHC TDA Board Chairman Nicole Jones called the Executive Committee Meeting to order at 3:30 via WebEx conference call. ITEM I: APPROVAL OF EXECUTIVE COMMITTEE MINUTES: - Nicole Jones \[Motion made by Angela Rhodes, seconded by Nicole Jones and unanimously accepted to approve the March 24, 2022, Executive Committee minutes.\] ITEM II: BUDGET AMENDMENT DISCUSSION- New Airline Service Marketing – Kim Hufham The TDA has been approached by the NHC Airport Authority because Avelo Airlines has secured a third route to Ft. Lauderdale, Florida. They are requesting an additional $125,000. Jeff Rourk will be attending the NHC TDA May Board Meeting. Shawn and her marketing team are working closely with Avelo marketing team to develop a creative approved advertising destination. Total request is $375,000. ITEM III: PROPOSED 2022/2023 TDA Budget- Kim Hufham  Revenues are projected at 90.18% over last fiscal year projections.  Overall cost of doing business account for a % of increase across the board  Majority of increase to budget designated to advertising (up 152%) and promotional activities (up 49%) 1  Salaries & Staffing: o Following New Hanover County Cost of Living adjustment (COLA) – 9.2% or $5177 (whichever is higher) o $10,000 Merit/Bonus pool o Add post-covid positions in Marketing & Visitor Services (CB/KB and WB). o Visitor Information Specialist staff to $15/hour o Medical increase – 7% estimate  Research – 2 projects slated for fiscal year  Strategic Planning/TDA Board work sessions  Equipment o New Van o Computer/laptop replacements o Furniture for new office space/replacement Consensus to present the FY22/23 TDA Budget to the NHC TDA May Meeting. ITEM IV: OLD/ NEW BUSINESS- Nicole Jones ITEM V: ADJOURNMENT- Nicole Jones As there was no further business, meeting adjourned at 4:30pm. _____________________________ ___________________________ Kim Hufham, President/CEO Secretary 2