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6 <br /> The monthly Sportsplex revenues which include ice skating activities and ice rentals below provides <br /> comparative trends for the past two fiscal years and FY 2020-21 Year-To-Date Actuals and Forecasted January <br /> 2021 through June 2021 forecasted. As noted the public health restrictions has resulted in a revised revenue <br /> estimate of$2.2 million. <br /> Sportsplex Revenue <br /> $600,000 <br /> I <br /> $500,000 — <br /> $400,000 <br /> $300,000 <br /> $200,000 <br /> $100,000 <br /> Jul Aug Sept Oct Nov Dec Jan Feb Mar April May Jun <br /> FY 2018-19 FY 2019-20 FY 2020-21 <br /> Visitors Bureau Fund <br /> Visitors Bureau revenues are 45.7% of FY 2020-21 budget as compared to 70.4%the prior fiscal year due to the <br /> public health restrictions. Visitors Bureau expenditures are 82.3% of FY 2020-21 budget as compared to 65.3% <br /> the prior fiscal year. FY 2020-21 revenues are $911,073 and expenditures are $1,671,323 for the Third Quarter. <br /> FY 2019-20 revenues were $1,667,877 and expenditures were $1,545,995 for the Third Quarter. <br /> The monthly occupancy tax revenues below provides comparative trends for the past two fiscal years and FY <br /> 2020-21 Year-To-Date Actuals and Forecasted January 2021 through June 2021 forecasted. Staff has identified <br /> contractual expenses in the amount of$327,352 to counter declining revenues however Visitors Bureau fund <br /> balance may still be needed. The Visitors Bureau revenue estimate for FY 2020-21 is $1.3 million and is <br /> comprised of occupancy tax revenue of approximately $850,000 and $400,000 in grant revenues. <br /> 6 <br />