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Agenda 06/26/2012 Item #16F 2EXECUTIVE SUMMARY Recommendation to approve the recognition of $350,000 in Tourism Promotion Fund 184 for an campaign and authorize all necessary Carry Forward up to enhanced Summer /Fall budget amendments. OBJECTIVE: Recognize funds carried forward in Tourism Promotion Fund 184 from FY 11 for use in FY 12 marketing efforts. CONSIDERATIONS: Tourism Department staff recommends that an enhanced summer and fall advertising and promotion campaign would drive more late summer and fall visitation. In order to accomplish this, staff is requesting approval by the Board of County Commissioners to recognize additional carry forward funds in Tourism Promotion Fund (184) and appropriate $350,000 to provide an enhanced summer /fall marketing campaign in Florida feeder markets and enhanced group meeting marketing efforts. The carry forward amount is due in part to additional FY 11 tourist tax revenue over forecast and proceeds from a legal settlement with online travel company sales of hotel rooms. The approximate expenditures for the $350,000 will be allocated along these guidelines: • Up to $150,000 for an enhanced summer television, digital and social media campaign in the Florida markets of Miami /Ft. Lauderdale, Palm Beach and Orlando. The funds will be used in late July and August to drive late summer visitation. • Up to $100,000 to enhance group meetings market incentives to drive future meeting business. • Up to $100,000 in additional staff generated marketing support for trade show and travel expenses not previously budgeted and production of the enhanced late summer marketing campaign. FISCAL IMPACT: Additional unbudgeted carry forward in the amount of $350,000 is available in Tourism Promotion Fund (184). The positive variance is attributable to TDC proceeds from the OTC law suit and greater Tourist Tax revenue than anticipated in FY 11. A budget amendment will be required increasing carry forward and increasing the promotion and marketing budget. GROWTH MANAGEMENT IMPACT: There is no impact to the Growth Management plan with this action. ADVISORY BOARD RECOMMENDATION: The TDC reviewed this item at their May 29, 2012 meeting and unanimously recommended approval (7 -0). The TDC asked for this item to be reviewed by the Collier County Lodging and Tourism Packet Page -1674- Aliiance ro,- then inpu_. Th4 progosec scnedui anc aroup marke', expendit�2res are based on that group`s suggestions at their May 31, 2012 meeting. LEGAL CONSIDERATION: This item has been reviewed by the County Attorney's Office, requires majority vote, and is legally sufficient for Board action. — CMG RECOMMENDATION: To approve the recognition of Carry Forward up to $350,000 in Tourism Promotion Fund 184 for an enhanced Summer /Fall campaign and authorize all necessary budget amendments. SUBMITTED BY: Jack Wert, Tourism Director Packet Page -1675- COLLIER 033 TY Board of County Commissioners Item Number: 16.F.2. Item Summary: Recommendation to approve the recognition of Carry Forward up to $350,000 in Tourism Promotion Fund 184 for an enhanced Summer /Fall campaign and authorize all necessary budget amendments. Meeting Date: 6/26/2012 Prepared By Name: GreenKelly Title: Tourist Development Tax Coordinator,Tourism 6/7/2012 10:49:34 AM Submitted by Title: Director - Tourism,Tourism Name: WertJack 6/7/2012 10:49:35 AM Approved By Name: WertJack Title: Director - Tourism,Tourism Date: 6/7/2012 11:12:19 AM Name: MarkiewiczJoanne Title: Manager - Purchasing Acquisition,Purchasing & Gene Date: 6/7/2012 1:49:55 PM Name: WoodLyn Title: Contracts Specialist,Purchasing & General Services Date: 6/7/2012 2:09:02 PM Name: JohnsonScott Title: Purchasing Agent,Purchasing & General Services Date: 6/8/2012 8:50:42 AM Packet Page -1676- Name: GreeneColleen Title: Assistant County Attorney,County Attorney Date: 6/11/2012 4:32:48 PM Name: KlatzkowJeff Title: County Attorney Date: 6/13/2012 4:56:49 PM Name: FinnEd Title: Senior Budget Analyst, OMB Date: 6/15/2012 12:49:24 PM Name: OchsLeo Title: County Manager Date: 6/17/2012 8:18:38 AM Packet Page -1677-