TOWN SPONSORED EVENTS & FESTIVALS
TOWN OF OCEAN CITY
FISCAL YEAR 2023 PROPOSED BUDGET
Private Event Revenue includes revenue from Bikefest, the Car cruises, and application and permit fees. Revenue from Bikefest has been reduced from $59,000 to $52,000. Estimated revenue for both car cruise events totals $45,000. Equipment usage fees are also included in this line item and have been estimated at $29,500. Winterfest fees are proposed to increase to $6 for everyone twelve and older, yielding an estimated $54,000 in additional revenue. Estimated revenue for Sunfest and Springfest have been reduced. Special Event revenue has been estimated to decrease $20,000. Sundaes in the Park revenue has been estimated at $28,000, while revenue from ArtX has been estimated at $21,000. Beverage franchise revenue, budgeted in Corporate Sponsorships will be re-bid in FY 22.
Five full-time positions have been funded since FY 09. Salaries in FY 22 reflect funding of a step increase effective January 1, 2023. Salary expenses in the FY 21 actual column include costs for labor from other city departments for Sunfest, Winterfest and Springfest. The FY 22 Adopted budget and the FY 23 Proposed budgets do not include labor costs for other departments. These costs will be adjusted in future budget amendments. Part-time salaries increase $6,158, which includes additional staffing for Winterfest and all changes due to the wage increases approved by the Council for FY 22 and FY 23. Overtime costs are projected to remain the same. Allocations for pension and unemployment increase for this division, while the allocations for health insurance and worker’s compensation decrease.
CHANGES IN OPERATIONS:
Contracted Services includes the annual allocation per MOU to the Airshow for $35,000. Entertainment expenses for the Town’s festivals continue to be the major expenditure for festivals. $307,650 has been budgeted for entertainment costs for all events and festivals in FY 23. Entertainment in Sunset Park has been included at $3,500. Fireworks for July 4th and New Year’s Eve have been budgeted at $108,000, an increase of $40,000. Funds for the continuation of the Halloween celebration have been included, as have funds for the Ocean City Christmas parade. Dance parties at Caroline Street have been funded at $13,000. Other major expenditures in this division are tent rental, accommodations for the entertainers and back-up services for the shows. Tent rental has been estimated to increase $64,500 and a heated tent for Winterfest has been funded at $12,000. Total tent rental expense is budgeted at $357,000. Refurbishment of Winterfest displays has been budgeted at $20,000. Supplies and Materials increase, and include $15,000 for a replacement ticket booth trailer, $12,000 for replacement bulbs for Winterfest, and $3,600 to replace picnic tables used at Sunfest and Springfest. A replacement storage trailer to store the Winterfest decorations has been budgeted in FY 23 at $12,500. Vehicle costs are estimated to decrease. Allocations for radio equipment lease, vehicle lease and insurance increase for FY 23, while the allocation for IT Services decreases for FY 23. Replacement Winterfest displays have been funded at $27,942 in capital outlay.