Today I received information in regards to my requests. Here is a summary. If anyone wants to see any of the actual information, let me know and I will fax it to you.
1) Income Statement for Six Months of this Fiscal Year
I was told to ask City Auditor DelSignore. I will do that.
2) Monthly Parking Reports From LAZ Parking
I only received the revenues received, not the monthly reports from LAZ. I will request the actual reports, to see the actual net income that the City of Worcester is deriving from the parking lots. In the meantime here are the revenues
Dec-5 $2,350 (5 flights)
Jan-6 $3,770 (10 flights)
Feb-6 $7,715 (15 flights)
March-6 $3,311 (5 flights)
$17,146 Total Revenues Collected
3) DOT monies
Reimbursement requests from the DOT can only be submitted after the City of Worcester has received a bill from the underlying vendor, processed them, sent the check and received the cancelled check back. In other words there is a lag thus the report below does not include the $50,000 inaugural campaign for Allegiant. Keeping that in mind, here is how the DOT grant monies have been spent to date:
consultant (recruiting airlines) $39,375.51
marketing (poster) $740.00
marketing (fliers) $920.00
marketing (radio ad) $1,500.00
marketing (event) $726.75
marketing (event) $75.00
marketing (event) $112.00
Total $43,449.26
We get reimbursed at a level of 72.73%
Estimated Reimbursement $31,600.65
Since the total grant was $442,615 less the $31,600.65, it looks like we have $411,014 remaining (not counting the Allegiant campaign). Lastly I have e-mailed this blog to our airport liaison to make sure that all the information above is correct.
1) Income Statement for Six Months of this Fiscal Year
I was told to ask City Auditor DelSignore. I will do that.
2) Monthly Parking Reports From LAZ Parking
I only received the revenues received, not the monthly reports from LAZ. I will request the actual reports, to see the actual net income that the City of Worcester is deriving from the parking lots. In the meantime here are the revenues
Dec-5 $2,350 (5 flights)
Jan-6 $3,770 (10 flights)
Feb-6 $7,715 (15 flights)
March-6 $3,311 (5 flights)
$17,146 Total Revenues Collected
3) DOT monies
Reimbursement requests from the DOT can only be submitted after the City of Worcester has received a bill from the underlying vendor, processed them, sent the check and received the cancelled check back. In other words there is a lag thus the report below does not include the $50,000 inaugural campaign for Allegiant. Keeping that in mind, here is how the DOT grant monies have been spent to date:
consultant (recruiting airlines) $39,375.51
marketing (poster) $740.00
marketing (fliers) $920.00
marketing (radio ad) $1,500.00
marketing (event) $726.75
marketing (event) $75.00
marketing (event) $112.00
Total $43,449.26
We get reimbursed at a level of 72.73%
Estimated Reimbursement $31,600.65
Since the total grant was $442,615 less the $31,600.65, it looks like we have $411,014 remaining (not counting the Allegiant campaign). Lastly I have e-mailed this blog to our airport liaison to make sure that all the information above is correct.
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