FY 2019 Budget Workshop Agency for Economic Prosperity May 22, 2018 - - PowerPoint PPT Presentation

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FY 2019 Budget Workshop Agency for Economic Prosperity May 22, 2018 - - PowerPoint PPT Presentation

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FY 2019 Budget Workshop Agency for Economic Prosperity May 22, 2018 Outline Overview of Agency/Offices Overview Organizational Chart Overview of Individual Offices Accomplishments Efficiencies Benchmarks

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FY 2019 Budget Workshop

Agency for Economic Prosperity

May 22, 2018

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Outline

  • Overview of Agency/Offices

– Overview – Organizational Chart – Overview of Individual Offices

  • Accomplishments
  • Efficiencies
  • Benchmarks (Volusia, Seminole, Orange, Osceola, Polk, Sumter,

Marion) – Proposed Office Budget – Departmental Budget

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Agency for Economic Prosperity Erika Greene, Interim Executive Director

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Overview

Agency for Economic Prosperity

The Agency for Economic Prosperity provides assistance and manages services for both the businesses of Lake County and its visitors. We work with numerous partners to support business in Lake County.

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Organizational Chart

Agency for Economic Prosperity

Agency for Economic Prosperity (3 FTEs) Office of Elevate Lake (5 FTEs) Office of Visit Lake (3.5 FTEs) Office of Fairgrounds & Events Center (2 FTEs) Agency for Economic Prosperity (13.5 FTEs)

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Office of Elevate Lake Erika Greene, Interim Executive Director

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Overview

Office of Elevate Lake

The Office of Elevate Lake serves as a liaison between companies and government with the goal

  • f creating a business-friendly environment and

quality jobs for the residents of Lake County.

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Organizational Chart

Office of Elevate Lake

Office of Elevate Lake Director (1 FTE) Manager, Business Development (3 FTEs) Agency for Economic Prosperity Executive Director Office of Elevate Lake Associate Director (1 FTE)

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Office of Elevate Lake (5 FTEs)

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Elevate Lake services follow the Economic Action Plan:

– Ensure Lake County remains business friendly – Promote cooperation and coordination between County and municipalities – Workforce development – Business retention and expansion – Support start-ups and entrepreneurs – Business recruitment and attraction – Protect and improve the quality of life of Lake County residents

Accomplishments

Office of Elevate Lake

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Northwest

  • Fruitland Park
  • Lady Lake
  • Leesburg

Northeast

  • Astatula
  • Astor
  • Eustis
  • Howey-in-the-Hills
  • Tavares
  • Mt. Dora
  • Umatilla

South

  • Clermont
  • Groveland
  • Mascotte
  • Minneola
  • Montverde

Accomplishments

Office of Elevate Lake

Business Opportunity Center Locations

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Contractual Relationships:

  • Business and Event Recruitment

– Orlando Economic Partnership:

  • Primary Service Offering: Business Attraction
  • Business Opportunity Centers

– Small Business Development Center:

  • Primary Service Offering: Business

Consultation, Training and Seminars

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Accomplishments

Office of Elevate Lake

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Accomplishments

Office of Elevate Lake

  • Chamber & Business Roundtables
  • 4 Corners Area Council Bus Tour
  • Economic Development Ad Valorem Grant
  • Leesburg Sea Plane Agreement
  • Teachers in Industry Institute
  • Summer Tech Campaign
  • Manufacturing Month
  • Obassador Tour
  • Summer Youth Program
  • FLVEC contract/web presence

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Accomplishments

Office of Elevate Lake

  • 4 Corners Area Council bus tour furthered the collaboration and

communication between Lake, Orange, Osceola and Polk Counties for the betterment of the 4 Corners community.

  • Economic Development Ad Valorem Grant incentive program targeted

new and existing Lake County businesses.

  • Teachers in Industry Institute is a Lake County Schools initiative

connecting select teachers with Lake County businesses.

  • Social Media campaigns:

– Summer Tech – Manufacturing Month – Obassador Tour

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Efficiencies

Office of Elevate Lake

  • Office of Elevate Lake and

Public Works facilitated joint city team meetings

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  • Rebranded Economic

Development Division to Office of Elevate Lake

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Benchmarks

Office of Elevate Lake

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$2,570,779 $1,382,882 $9,344,956 $7,494,926 $6,404,120 $2,494,131 $498,855 $8,516,044 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

Total Budget (FY17)

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Benchmarks

Office of Elevate Lake

$442,193 $1,332,882 $7,129,980 $5,624,000 $2,921,565 $452,438 $67,708 $7,051,336 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

Funding for Supporting Functions (FY17)

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Benchmarks

Office of Elevate Lake

7,980 8,193 41,011 6,682 12,989 14,749 1,780 14,065 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

Number of Businesses (FY17)

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Benchmarks

Office of Elevate Lake

$322 $169 $228 $1,122 $493 $169 $280 $609 $0 $200 $400 $600 $800 $1,000 $1,200 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

Budget per Business (FY17)

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Proposed Budget

Office of Elevate Lake

FY 2018 Adopted Budget FY 2019 Proposed Budget % Change Personal Services $492,855 $573,213 16.3 Operating Expenses $443,128 $396,753

  • 10.5

Capital Outlay $0 $0 Grants & Aids $236,754 $235,000

  • 0.7

Reserves $0 $0

Total Expenditures

$1,172,737 $1,204,966 2.7%

  • Funding Source – General Fund - 100%
  • Grants & Aids include $85,000 for Wellness Way Technical Consulting and $150,000 for BOC Program
  • Decrease in Operating Expenses primarily due to sponsorship level with Orlando Economic

Partnership

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Office of Visit Lake Kathy Pagán, Associate Director

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Overview

Office of Visit Lake The Office of Visit Lake is responsible for a host

  • f functions to promote and help strengthen the

local tourism industry.

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Manager, Sports Development (1 FTE) Manager, Tourism Development (1 FTE) Tourism Associate (0.5 FTE) Office of Visit Lake Associate Director (1 FTE) Agency for Economic Prosperity Executive Director

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Organizational Chart

Office of Visit Lake

Office of Visit Lake (3.5 FTEs)

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  • Marketing & Advertising:

– Hired Akers Media and Watauga Group to serve as the County’s Tourism Advertising Agency

  • TDC Event Sponsorships:

– Total Events Sponsored - 124 – Total Sponsorship Funds Awarded - $712,647 – Economic Impact - $268,569,486

  • TDC Co-Op Marketing:

– Total Co-Op Marketing Campaigns -15 – Total Co-Op Marketing Funds Awarded - $46,580

Accomplishments

Office of Visit Lake

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Accomplishments

Office of Visit Lake

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  • New marketing initiative launched

along with corresponding promotions featuring “Real Florida. Real Close.”

  • Visit Lake experienced significant

success with the new brand, i.e. social media presence increased by 750%

  • Sporting events hosted over 300 teams

and thousands of athletes (all levels and ages) from around the country

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  • Capital Projects:

– Executed interlocal agreements for construction of the Lake County Disc Golf Trail – Executed the lease amendment for Hickory Point Beach to move forward with the construction of the Fieldhouse

Accomplishments

Office of Visit Lake

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Accomplishments

Office of Visit Lake

  • Events Hosted:

– 5th Annual Wings & Wildflowers Festival; Leesburg – BASSMASTER Southern Open #1; Leesburg – Bass Pro Shops Big Bass Tour; Tavares – Fishing League Worldwide (FLW) Tour; Leesburg – NCAA DIII Men’s Golf National Championship; Howey-in-the-Hills – NAIA Softball World Series; Clermont – American Beach Tour Junior National Championship; Tavares – USA Canoe/Kayak Sprint National Championship; Clermont

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Efficiencies

Office of Visit Lake

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  • Continued to update and streamline the Tourism Sponsorship

funding process and application

  • Worked more closely with municipalities for events and capital

projects; i.e. Lake County Disc Golf Trail

  • Launched new themed landing pages for niche markets, such

as LakeBigBass.com, VisitLakeFL.com/antique, SportsinLakeFL.com and LakeCountyDiscGolfTrail.com to provide a user-friendly visitor experience

  • Enhance and invest in the efforts of our tourism partners
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$3,163,860 $2,922,715 $11,421,293 $5,275,894 $719,518 $10,622,326 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

TDT Revenue (FY17)

$51,643,192 $254,942,009

Benchmarks

Office of Visit Lake

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4% 4% 6% 6% 5% 5% 2% 6% 0% 1% 2% 3% 4% 5% 6% 7% Lake Marion Orange Osceola Polk Seminole Sumter Volusia

TDT Tax Rate (FY17)

Benchmarks

Office of Visit Lake

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$1,174,873 $2,141,947 $1,655,803 $650,000 $275,671 $8,281,175 $- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 Lake Marion Orange Osceola Polk Seminole Sumter Volusia

Promotional Budget (FY17)

$18,862,465 $51,300,000

Benchmarks

Office of Visit Lake

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Proposed Budget

Office of Visit Lake

FY 2018 Adopted Budget FY 2019 Proposed Budget % Change Personal Services $692,484 $606,883

  • 12.4

Operating Expenses $1,861,878 $3,210,844 72.5 Capital Outlay $1,824,000 $0

  • 100

Grants & Aids $126,000 $20,000

  • 84.1

Reserves $4,685,295 $4,000,000

  • 14.6

Total Expenditures

$9,189,657 $7,837,727

  • 14.7%
  • Funding Source – Resort/Development Tax Fund - 99.6%, Restricted Local Programs Fund - 0.4%
  • Decrease in Capital Outlay due to decrease in beginning fund balance for Hickory Point Volleyball Facility
  • Operating Expenses increase reflects increase in promotional activity

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Office of Fairgrounds & Events Center Cole Scharlau, Manager

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Overview

Office of Fairgrounds & Events Center The Office of Fairgrounds & Events Center is the venue for the annual Lake County Fair and weekly Farmers’ & Flea Market. It hosts various private and public events throughout the year.

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Organizational Chart

Office of Fairgrounds & Events Center

Office Associate III (1 FTE) Part-Time Labor Office of Fairgrounds & Events Center Program Manager (1 FTE)

Agency for Economic Prosperity Executive Director 34

Office of Fairgrounds & Events Center (2 FTEs)

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Accomplishments

Office of Fairgrounds & Events Center

  • Events:

– Lake County Farmers’ & Flea Market – Vintage Motorcycle Swap Meet – Concerts & Private Parties – 96th Annual Lake County Fair – Gun Shows – Dog Shows

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Accomplishments

Office of Fairgrounds & Events Center

  • In FY17:

– Hosted 21 Public and Private Events – Averaged 298 rented spaces for each Farmer’s Market Day

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Accomplishments

Office of Fairgrounds & Events Center

  • During Hurricane Irma clean

up efforts, operated as:

– Staging Area for Duke Energy – Vegetative Debris Site

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Efficiencies

Office of Fairgrounds & Events Center

  • Collaborated with Office
  • f Communications to

lay the groundwork for an online reservation system for events and the market

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Efficiencies

Office of Fairgrounds & Events Center

  • Collaborated with Office
  • f Communications to

develop new maps and building schematics featured on the new reservation system

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Proposed Budget

Office of Fairgrounds & Events Center

FY 2018 Adopted Budget FY 2019 Proposed Budget % Change Personal Services $157,023 $160,947 2.5 Operating Expenses $92,792 $71,034

  • 23.4

Capital Outlay $55,507* $55,507

Total Expenditures

$305,322 $287,488

  • 5.8%
  • Funding Source – General Fund - 100%
  • Operating Expenses decrease primarily to removal of Facilities’ chargebacks
  • 5.8% overall decrease
  • *Excess Revenue re-budgeted during FY18 mid-year adjustment process

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Accomplishments

Agency for Economic Prosperity

  • The Agency for Economic Prosperity’s proposed

budget:

– Maintains current levels of service for Offices of Elevate Lake, Visit Lake and Fairgrounds & Events Center – Includes funding for Wellness Way Technical Consultant and Lake Sumter State College Disc Golf Course – Resort Tax Revenues expected at $3,075,863, an increase of 11.8%

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Agency for Economic Prosperity

Proposed Budget

FY 2018 Adopted Budget FY 2019 Proposed Budget % Change Personal Services $1,342,362 $1,341,043 0.1 Operating Expenses $2,397,798 $3,678,631 53.4 Capital Outlay $1,879,507 $55,507

  • 97

Grants & Aids $362,754 $255,000

  • 29.7

Reserves $4,685,295 $4,000,000

  • 14.6

Total Expenditures

$10,667,716 $9,330,181

  • 12.5%
  • Funding Source – Resort Tax Fund - 83.7%, General Fund - 16%, Restricted Local Programs Fund - 0.3%
  • Personal Services includes $216,394 for 2.5 FTEs in the Office of Communications

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