HomeMy WebLinkAbout[05] St. Joseph CVB MEMO
DATE: August 20,2019
TO: St.Joseph EDA
FROM: CVB
RE: Budget Items
Previously the EDA Board has approved the following:
Marketing: 6 months @ $ 750.00 May—October
Rubinski—Video Summer $ 1,500.00
Welcome Mag 2019 $ 450.00
Krillan T-Shirts $ 992.50
Additional Funding for 2019
Marketing 2 months @ $ 750.00 November-December
St. Cloud Vis Mag 2020 Ed. $ 450.00
Marketing Material Swag $ 1,000.00
Rubinski—Video Fall/Winter $ 3,000.00
Shop Small $ 500.00
$5,700.00
The CVB recognizes that the funding for the Board is limited,but the first year is the year to build
momentum. The members try and maximize efforts, and find marketing materials that will reach a broad
base.
St. Cloud Visitor Magazine—St.Joseph will have two full pages in the St.Cloud Visitor Guide
for a cost of$450.00. The magazine is distributed to places such as the Mall of America,Airport,and
entrances to the State to mention a few.
Rubinski Video—The CVB would like to have different videos for the seasons and the first video
launched on the facebook page for summer. Each video is $ 1,500 and are looking to complete the fall
and winter/seasonal video.
Swag—Some of the local businesses are selling the T-shirts and they have been going well. The
money from the shirts will go back into the fund. The group is looking for other give aways to promote
the City.
The estimated Fund Balance for the beginning of August is $ 32,500 with 7 months of revenue left to
collect. Using a conservative monthly collection of$ 1,000,before expenses,the projected balance
would be around$39,000.
Looking to 2020—
Continued Marketing efforts
Videos—2;they will then be recycled
Additional Marketing Material