Report to Mayor and City Council
Tuesday, April 02, 2019
Discussion
SUBJECT:
Title
REPORT ON REVENUES, EXPENDITURES AND EVENTS FOR THE CONGRESSWOMAN JUANITA MILLENDER-MCDONALD COMMUNITY CENTER (CITY COUNCIL)
Body
I. SUMMARY
At the January 22, 2019, City Council meeting, Councilmember Davis-Holmes requested a full report on the revenues, expenditures and the number of events held at the Congresswoman Juanita Millender-McDonald Community Center (Community Center). A specific request was made for the revenues received by Choura Venue Services, who is the exclusive caterer for the facility. At the same meeting Mayor Robles requested this item be brought back for consideration at a future meeting.
II. RECOMMENDATION
Recommendation
RECEIVE AND FILE.
Body
III. ALTERNATIVES
TAKE another action the City Council deems appropriate.
IV. BACKGROUND
The Congresswoman Juanita Millender-McDonald Community Center offers a comfortable environment for conferences, meetings, seminars, and events. The Center has over 40,000 square-feet of meeting and event space.
REVENUES
The Community Center receives revenue from a variety of sources, such as booking fees and equipment fees, and rent from Choura Venue Services. The revenue received from Choura Venue Services is based on the following formula: 30% of gross sales on alcoholic beverages; 22% of gross sales on non-alcoholic beverages; 20% of gross sales on miscellaneous/party rentals; 20% of gross sales on food and beverages, where the Center's kitchen are used by Choura; and 10% on gross rentals where Choura's customers elect to rent banquet equipment, event supplies, or other non-city furnishings, fixtures or amenities directly from the vendor.
The table below details the revenues received from Choura Venue Services during the three prior fiscal years and the current fiscal year through the end of February:
FISCAL YEAR
REVENUES
2015-2016
$352,899.98
2016-2017
$426,886.33
2017-2018
$360,759.74
*2018-2019
**$196,2...
Click here for full text