NOTMC DECEMBER 2019 DASHBOARD A SOURCES Hotel/Motel Taxes B MTD BUDGET 485,252 C (A-B) MTD MTD ACTUAL VARIANCE 455,059 (30,193) RTA Hotel Taxes D E F G (E-F) % YTD BUDGET YTD ACTUALS YTD VARIANCE 5,816,132 18,164 -6% 5,797,968 83,333 83,333 - 0% 2,000,000 2,000,000 Optional Assessment 656,044 599,272 (56,772) -9% 7,948,480 8,666,154 - Interest Income 500 330 (170) Follow Your NOLA Merchandise 167 - TOTAL REVENUES - #DIV/0! 0% - - -34% 6,000 7,206 1,206 (167) -100% - - - 1,137,994 (87,302) -7% 15,752,448 16,489,492 737,044 Dedicated Expenditures 145,576 222,018 (76,442) -53% 3,389,390 2,974,923 414,467 Marketing Expenditures 442,876 876,994 (434,118) -98% 11,590,564 10,529,254 1,061,310 Administrative Expenditures 247,155 207,452 39,703 16% 3,316,199 2,801,571 514,628 TOTAL EXPENDITURES 835,607 1,306,464 (470,857) -56% 18,296,153 16,305,748 1,990,405 NET CHANGE 389,690 (558,159) -143% (2,543,705) 183,744 2,727,449 5,797,968 0% 2,000,000 2,000,000 9% 7,844,735 7,948,480 #DIV/0! 20% #DIV/0! 20,000 - 6,000 6,000 2,000 - 5% 21,651,768 12% 15,752,448 6,635,179 3,389,390 9% 11,588,064 11,590,564 16% 3,216,199 3,316,199 11% 21,439,442 18,296,153 107% 1. CNO has not reported figures for August 2019-December tax collections; Amounts shown reflect estimates based on Smith Travel Report 2. MTD & YTD variance on marketing line item primarily due to budget allocated evenly over 12 months; There are several timing differences with respect to when expensese are incurred; We do not expect to exceed budgeted amounts years by year end. 3. This budget deficit reflected in column J will be covered by reserves. 5,519,035 6,259,997 717,674 - J ORIGINAL AMENDED BUDGET BUDGET % - 1,225,296 (168,470) I - Harrah's Agreements Coop Revenue H 212,326 (2,543,705) NOTMC DECEMBER 2019-DASHBOARD Hotel Occupancy 2018 2018 2019 2019 Monthly Cummulative Monthly Cummulative MTD YTD % Change % Change Jan 432,051.58 432,051.58 472,671.54 472,671.54 9% 9% Feb 501,418.66 933,470.24 489,847.93 962,519.47 -2% 3% Mar 562,744.98 1,496,215.22 570,155.25 1,532,674.72 1% 2% April 511,820.12 2,008,035.34 519,465.68 2,052,140.40 1% 2% May 551,482.49 2,559,517.83 516,664.92 2,568,805.32 -6% 0% June 471,511.99 3,031,029.82 490,304.42 3,059,109.74 4% 1% July 469,324.20 3,500,354.02 417,241.42 3,476,351.16 -11% -1% Aug 421,413.08 3,921,767.10 442,618.37 3,918,969.53 5% 0% Sept 422,812.30 4,344,579.40 468,476.03 4,387,445.56 11% 1% Oct 536,821.37 4,881,400.77 504,075.27 4,891,520.83 -6% 0% Nov 451,886.18 5,333,286.95 469,552.96 5,361,073.79 4% 1% Dec 453,734.25 5,787,021.20 455,059.00 5,816,132.79 0% 1% Hotel Optional Assessment 2018 2018 2019 2019 Monthly Cummulative Monthly Cummulative MTD YTD % Change % Change Jan 630,812.46 630,812.46 614,708.07 614,708.07 -3% -3% Feb 786,589.47 1,417,401.93 841,881.20 1,456,589.27 7% 3% Mar 904,213.93 2,321,615.86 974,394.72 2,430,983.99 8% 5% Apr 935,455.00 3,257,070.86 869,668.41 3,300,652.40 -7% 1% May 833,382.68 4,090,453.54 772,311.62 4,072,964.02 -7% 0% June 631,430.35 4,721,883.89 745,159.28 4,818,123.30 18% 2% July 622,225.00 5,344,108.89 519,333.33 5,337,456.63 -17% 0% Aug 458,993.95 5,803,102.84 484,789.81 5,822,246.44 6% 0% Sep 532,366.97 6,335,469.81 636,554.74 6,458,801.18 20% 2% Oct 865,280.41 7,200,750.22 802,980.22 7,261,781.40 -7% 1% Nov 838,647.38 8,039,397.60 805,101.00 8,066,882.40 -4% 0% Dec 514,125.92 8,553,523.52 599,272.00 8,666,154.40 17% 1% 2018 Combined Monthly 2019 Combined Monthly Totals Totals Overall MTD Change 2018 Combined Cummulative 2019 Combined Cummulative Total Total YTD Change Jan 1,062,864.04 1,087,379.61 2% 1,062,864.04 1,087,379.61 2% Feb 1,288,008.13 1,331,729.13 3% 2,350,872.17 2,419,108.74 3% Mar 1,466,958.91 1,544,549.97 5% 3,817,831.08 3,963,658.71 4% April 1,447,275.12 1,389,134.09 -4% 5,265,106.20 5,352,792.80 2% May 1,384,865.17 1,288,976.54 -7% 6,649,971.37 6,641,769.34 0% June 1,102,942.34 1,235,463.70 12% 7,752,913.71 7,877,233.04 2% July 1,091,549.20 936,574.75 -14% 8,844,462.91 8,813,807.79 0% Aug 880,407.03 927,408.18 5% 9,724,869.94 9,741,215.97 0% Sept 955,179.27 1,105,030.77 16% 10,680,049.21 10,846,246.74 2% Oct 1,402,101.78 1,307,055.49 -7% 12,082,150.99 12,153,302.23 1% Nov 1,290,533.56 1,274,653.96 -1% 13,372,684.55 13,427,956.19 0% Dec 967,860.17 1,054,331.00 9% 14,340,544.72 14,482,287.19 1% Based on estimates using the Smith Travel Report. Actual figures not reported by CNO/CVB as of date report prepared.