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COLLEGE FOOTBALL HALL OF FAME <br />NOTES <br />REVISED EXPENSE BUDGET 1996 <br />FOLLETT/BURGER KING <br />Revised revenues for the Gift Shop and Burger King are based on actual <br />receipts through August 1996 and projections for the remainder of the year. <br />These revised revenue figures are as follows: <br />Follett (Gift Shop) through August 1996 $37,209 <br />Follett projections Sept. -Dec 1996 37,600 <br />Revised Revenue Follett 1996 $74,809 <br />Burger King projection 1996 15.000 <br />Total Follett/Burger King Revised Revenue $89,809 <br />PARKING <br />At the beginning of 1996 we were considering establishing a parking system for <br />the Hall. This has not transpired, therefore, we are eliminating this revenue <br />item. <br />GOLF TOURNAMENT <br />The Hall of Fame teamed with the South Bend NFL Alumni and the Ara <br />Parseghian Foundation for the entire Enshrinement weekend. A decision was <br />made that the Hall would not conduct it's own golf tournament to avoid <br />competing with the NFL tournament. The proceeds paid to the Hall resulted <br />from memorabilia auction held in the Press Box prior to the golf tournament. <br />Estimated revenues are $5,000. These revenues are reflected in the <br />Enshrinement Ceremony totals. <br />ENSHRINEMENT CEREMONY <br />Although the Hall initially projected a profit of $20,000 in the original 1996 <br />budget, in reality the goal was to break even. Revenues generated through the <br />sale of dinner tickets, contributions from local businesses and individuals and an <br />auction co-sponsored with the NFL Alunmi, expenses were also offset by several <br />in-kind contributions. As of this date revenues are projected to exceed expenses <br />by approximately $5,800. <br />Page 8 <br />