| Meet or exceed budgeted Sales Revenue goal for Fiscal Year for the Will Rogers Memorial Center (WRMC)PE-Public Events |
Measure Definition & Importance |
The Public Events Department is funded by hotel/motel tax (HOT), DFW revenue share and budgeted sales revenue. WRMC's budgeted sales revenue is part of the total funding for the Public Events Department. The budgeted sales revenue is generated entirely from group bookings which includes Room Rental, Service Providers Commissions, Labor Recovery, Equipment Rental and Miscellaneous Revenue. Meeting or exceeding our budgeted sales revenue is important because it offsets our operating expenses and maintains the integrity and availability of other revenue sources.
Analysis | |
Meet or exceed annual budgeted Sales Revenue goal for the WRMC |
Service Areas |
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PE.1.3 Business Development (WRMC) (ARCHIVE)
PE-Public Events
Attachments |
Measure Data | Last Calculated 2 months ago |
| Period |  | Status | Sales Revenue (WRMC) | Overall Target | High Variance (FY Target) | Low Variance |
|---|---|---|---|---|---|---|
| FY2013 | | Monitoring/No Info | ||||
| FY2014 | | Monitoring/No Info | ||||
| FY2015 | | Monitoring/No Info | ||||
| FY2016 | | Monitoring/No Info | ||||
| FY2017 | | Monitoring/No Info | ||||
| FY2018 | | Monitoring/No Info | ||||
| FY2019 | | On Target | $ 6,635,868.00 | $ 6,385,500.00 | $ 6,385,500.00 | $ 5,108,400.00 |
| FY2020 | | Monitoring/No Info | $ 6,498,327.00 | $ 6,498,327.00 | $ 5,198,662.00 | |
| FY2021 | | Monitoring/No Info | ||||
| FY2022 | | Monitoring/No Info |
Data Source Details & Calculation Information |
Sales revenue information is pulled from PeopleSoft's Financial Management System. Our clients make payments and the revenue is recorded in Peoplesoft and then deposited into the department's account, they are coded to align with our revenue streams. The Assistant Director of Finance runs the city financial revenue report and distributes to executive staff on a monthly basis.
Total funds collected at the end of the Fiscal year are compared to previous Fiscal year.
The High Variance is the overall target amount; the Low Variance is overall target minus 20%.
Performance Liaison |
| VM | Vicki Mitchell (PE-Public Events) |
Measure Type |
Data Owner |
Measure ID |
Performance Liaison Notes |
Administrator Notes |