Swansboro Tourism Development Authority

Swansboro Tourism Development Authority Agenda Town of Swansboro Thursday, January 12, 2023 I. Call to Order II. Financial Reports a. Financial Summary Presenter: Sonia Johnson, Finance Director b. Analysis of Travel & Tourism Expenses 2nd QTR FY 22-23 Presenter: Sonia Johnson, Finance Director III. New Business a. Budget Ordinance Amendment #2023-3 Presenter: Sonia Johnson, Finance Director Grant Funding Request: 1. Swansboro Historical Association submitted a grant application to market events and the revisions and printing of the popular walking tour pamphlet. Requesting $5,000 to be appropriated from fund balance for its intended purpose. Source of Funds-Appropriate Fund Balance 2. Front Row Communications- Proposing an additional ad placement for consideration. Swansboro Tourism Development Authority (STDA) has contracted for a total of (Five) print ad placements with Our State Magazine for the 2022/2023 Fiscal Year. September 2022 October 2022 March 2023 May 2023 June 2023 If the Board would like to add the month of April 2023, costs are an additional $1,334. Source of funds: Appropriated Fund Balance Recommended Action: Motion to approve Budget Ordinance Amendment #2023-3  b. Letter of Agreement-Front Row Communications Presenter: Randy Swanson Ann Marie Bass, Owner & Principal of Front Row Communications provided a Letter of Agreement effective January 12, 2023 through June 30, 2024. Background Recommended Action: Motion to approve the following: Letter of Agreement-Front Row Communications effective January 12, 2023 through June 30, 2024. c. Marketing & Advertising Quarterly Status Update Presenter: Randy Swanson Front Row Communication-Marketing & Advertising Quarterly Status Update Report d. Audited Financial Statements-June 30, 2022 Presenter: Sonia Johnson, Finance Director North Carolina General Statute 159-34 requires each unit of local government and public authority to have its accounts audited each fiscal year and to submit a copy of the report to the Secretary of the Local Government Commission (LGC). IV. Board Comments V. Adjournment