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Council reviews tourism fund statements; staff to include Treadway reconciliations in regular reports
Summary
Council received a refreshed tourism fund report with reconciliations of major events. Spirit of Halloweentown generated roughly $489,000 in revenue (city net ≈ $460,000–$465,000); Holiday in the Plaza showed a $113,000 net loss. Council directed staff to continue reconciling contractor-provided event statements and to report monthly.
City councilors reviewed a detailed tourism fund report that reconciled event revenues and the city’s event reserve account.
Staff said Spirit of Halloweentown produced approximately $489,000 in revenue; under the contractor’s 5% profit-share contract the city’s net from that event was reported at about $460,000–$465,000. Holiday in the Plaza posted a net…
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