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CABARRUS COUNTY <br />BOARD OF • • <br />* <br />REGULAR MEETING <br />��8�a ��i ►� JUNE 2 0 9 20 <br />`�iri�JJ1 /J� <br />6: 30 P .M. <br />AGENDA CATEGORY: <br />Consent Agenda <br />SUBJECT: <br />Tourism Authority - Presentation & Approval of the FY 2011 Tourism <br />Authority Budget - $3,718,762.00 <br />BRIEF SUMMARY: <br />Approval of the Tourism Authority's annual budget is required pursuant to <br />Article IV, Room Occupancy and Tourism Development Tax, Tourism <br />Authority, Section 2, subsection (c), Powers and Duties of the Authority, of <br />the Cabarrus County Code of Ordinances. The Tourism Authority's FY 11- <br />12 budget totals $3,718,762.00 which represents an increase of 10.3% <br />over the FY 10/11 budget and a 14.4% increase over FY 09/10. The <br />budget was approved by the T.A. on May 25, 2011. <br />REQUESTED ACTION: <br />Motion to approve the Tourism Authority's FY 2011 budget totaling <br />$3,718,762.00 as presented. <br />EXPECTED LENGTH OF PRESENTATION: <br />SUBMITTED BY: <br />John Mills, CVB Executive Vice President <br />BUDGET AMENDMENT REQUIRED: <br />No <br />COUNTY MANAGER'S RECOMMENDATIONS /COMMENTS: <br />This item was approved by the Board for inclusion on the Agenda as a <br />Consent item. <br />F -13 Page 257 <br />