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Huntsville’s Fourth review: expenses top $20,700; net loss of about $3,282 after grant
Summary
Attachment #1 reviewed by Town Council shows total expenses of $20,789.23 and a net loss of $3,282.13 after applying a $6,000 RAMP grant; large expense items included Fireworks West ($5,500) and inflatables ($3,227.97).
The work session attachment labeled "2024 Fourth of July Review" details revenues and expenses for the event. The report lists total revenues of $11,507.10 without the RAMP grant and $17,507.10 when the $6,000 grant is included. Total expenses are listed as $20,789.23, producing a net loss of $(3,282.13) after the grant.
Specific revenue lines include booth fees ($1,700), concession sales totaling $6,007.37, donations including Rocky Mountain Power ($500) and two donations by Margot Smelzer ($1,000 and $800). Expense line items include Fireworks West at $5,500 and Bouncin Bins inflatables at $3,227.97. Town staff and council members discussed these line items while considering vendor fee proposals and whether to seek additional sponsorships.
Town Councilmember Artie Powell pointed to the RAMP grant as a mitigating source but said the town still ran a deficit: "We did not make money from the celebration or break even, but did not lose as much as in previous years," Powell said. Council requested staff to return with options for raising vendor fees, pursuing corporate float sponsorships, and other revenue options for next year.
