Laserfiche WebLink
COLLEGE FOOTBALL HALL OF FAME <br /> NOTES <br /> REVENUE BUDGET 1995 <br /> ADMISSIONS <br /> Total estimated attendance for 1995 is 68,414. The <br /> average admission price is $4 .43 for a total Admission <br /> Revenue for 1995 of $303 , 074 . This estimation was <br /> prepared by Sandy Lee, Director of Marketing and Sales. <br /> ROOM AND EQUIPMENT RENTAL <br /> Room Rental and Equipment Rental are based on actual <br /> events scheduled in the Press Box, Gridiron Plaza and the <br /> purchase of the entire Hall of Fame. The majority of the <br /> equipment rental is for the rental of tents on the <br /> Gridiron Plaza. This will be a revenue generating item <br /> and the cost will be reflected in the Equipment Rental <br /> expense item. <br /> COMMISSIONS - TENANTS <br /> The commissions received from tenants includes the Gift <br /> Shop and the Food Court. Each tenant has supplied us with <br /> their estimated revenues through the end of the year and <br /> percentages established by contract for each tenant were <br /> used to calculate commissions. The breakdown is as <br /> follows: <br /> Gift Shop $40, 000 <br /> Food Court $20, 000 <br /> COMMISSIONS - CATERING <br /> The commissions for catering was calculated by Sandy Lee, <br /> Director of Marketing and Sales. Her estimate was based <br /> on actual contracted events for the remainder of the year <br /> based on commission splits between the Hall of Fame and <br /> Century Center. <br /> HOTEL MOTEL TAX <br /> In late 1994 and 1995 the Hotel Motel Tax Board approved <br /> funds for the Hall of Fame for marketing expenses <br /> ($350,000) and pre-opening operating expenses ($200, 000) . <br /> This total was $550, 000. <br /> As of this date marketinv disbursements has totaled <br /> $210, 355. Pre-opening disbursements year to date are <br /> $117,204. These disbursements include: salaries, <br /> consulting fees, supplies and capital items for <br />