Page 14 - AnnualReport2015_16
P. 14

FINANCIALS A REPORT

FROM THE TREASURER                                                    REVENUE           $ 705,739
                                                                                        $ 49,186
The Downtown Development Authority’s Financial Statement of          AD VALOREM TAX     $ 198
revenues and expenditures for fiscal year 2015-2016, which            SPONSORSHIPS      $ 29,086
ran from October 1, 2015 through September 30, 2016, are          INTEREST EARNINGS
shown to the right.                                                  MISCELLANEOUS      $ 784,209

The DDA team continued to promote, strengthen and support        TOTAL REVENUE          $ 445,624
all of the businesses and stakeholders in the DDA district.
Our efforts for the three areas of responsibility — Economic      EXPENDITURES          $ 250,649
Vitality, Placemaking and Position Marketing have proven to
be successful once again. We hope that you find this 2015–        ECONOMIC VITALITY     $ 696,273
2016 Annual Report of our progress to be informative. Please          PLACEMAKING
contact the DDA team with any questions or comments.
                                                                 POSITION MARKETING
Bonnie Beer                                                       GENERAL OPERATING
Co–Owner, Caffé Luna Rosa
Treasurer, Downtown Development Authority                     TOTAL EXPENDITURES

                                                              For a complete copy of the Audited Financial Report, contact the City
                                                              of Delray Beach or the DDA. Gina L. Clayton, PA–DDA Auditor

       1ST ANNUAL                                                       DELRAY ORCHID
        DINE OUT                                                           GIVEAWAY
DOWNTOWN DELRAY
  RESTAURANT WEEK                                             IN HONOR OF MOTHER’S DAY

             August                                                                May

    30 Restaurants Including:                                       Retail purchases were approximately
                                                                                $52,000 in sales
    Full–service establishments,
juice bars, cafés, and pizza shops                                     260 Orchids were given away
                                                                        27 Volunteers spent 52 hours
       11 Culinary Events
10 $10 & Under Dine Out Deals                                                 at the Orchid Station
 8 Three–Course Prix Fixe Lunch

offers: $20 and under per person

    19 Three–Course Dinner

   offers: $20–$40 per person

   DELRAY BEACH FASHION WEEK                            SAVOR THE AVENUE                  SMALL BUSINESS SATURDAY

               JANUARY                                       MARCH                                NOVEMBER

    $50,000+                                        $127,600                                  20%

    ESTIMATED RETAIL SALES AS A DIRECT RESULT OF  GENERATED IN RESTAURANT RESERVATIONS  INCREASE IN MERCHANT PARTICIPATION - OVER
                     FASHION WEEK EVENTS                       SERVING 1,160 GUESTS                300 MERCHANTS PARTICIPATED

14
   9   10   11   12   13   14   15   16