Georgia World Congress Center Authority · Financial Snapshot –December 2018 $509,485 ($590,257)...
Transcript of Georgia World Congress Center Authority · Financial Snapshot –December 2018 $509,485 ($590,257)...
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February 7, 2019BOARD OF GOVERNORS MEETING
Georgia World Congress Center Authority
FinancialAuthority Facility
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ACTION ITEM
Approval of Minutes
December 4, 2018
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DECEMBER FINANCIAL UPDATE
Janet Arsenault Sr. Director of Finance
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Financial Snapshot – December 2018
$509,485
($590,257)
Actual
Budgeted
Profit/Loss
Customers
454,473
(Estimated)
EconomicImpact
$244.5M
(Estimated)
H/M Tax
$3.7M
$3.3M$3.1M
Actual
Budget
FY18
>3.32%>8.71%
YTD Actual $922,684Budgeted ($2,445,731)
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FY19 – Q2 Rolling Forecast Update
$2,405,512
$3,041,787
Budget
Projection
Year-End Profit / Loss
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Questions?
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CAMPUS DEVELOPMENT
UPDATE
Theonie AlicandroDrew Company, Inc.
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Questions?
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ACTION ITEM
RESOLUTION: GENSLER BASIC SERVICE &
SKANSKA PRE-CONSTRUCTION AGREEMENTS
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MERCEDES-BENZ STADIUM2019 PROPOSED MAINTENANCE PLAN, CAPITAL
IMPROVEMENT PLAN AND SUBMITTED EXPENSE BUDGET
Robert L. Geoffroy, Sr. Vice President, CFOMike Egan, Sr. Vice President, General Counsel
AMB Sports + Entertainment
Scott Jenkins, General Manager Mercedes-Benz Stadium
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Questions?
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NEXT MEETING
February 26 , 2019