Page 200 - FY 2021-22 Blue Book Volume 1

Convention and Tourism Development

Convention and Tourism Development
Program Changes Direct Cost Positions Total Cost
Changes in Salaries, Expense, Equipment, and Special
Other Changes or Adjustments

6. Funding Realignment - - -
Realign funding totaling $18,772 from the Convention Center
Revenue Fund to the Los Angeles Convention & Visitors
Bureau Trust Fund to align expenditures with anticipated
staffing needs. There will be no change to the level of services
provided nor to the overall funding provided to the Department.
Separation Incentive Program

7. Separation Incentive Program Cash Payment 100,808 - 100,808
Add one-time funding in the Salaries General Account to pay
for the balance of the Separation Incentive Program cash
payment for two participants. Funding is provided by the Los
Angeles Convention & Visitors Bureau Trust Fund ($21,566)
and the Convention Center Revenue Fund ($79,242).
SG: $100,808
8. Separation Incentive Program (155,630) (1) (222,228)
Delete funding and regular authority for one position as a result
of the Separation Incentive Program. Funding is provided by
the Convention Center Revenue Fund. Related costs consist of
employee benefits.
SG: ($155,630)
Related Costs: ($66,598)
9. Separate Incentive Program - Alternative Reduction (89,620) - (117,062)
Reduce funding in the Salaries General Account, as a one-time
budget reduction, as an alternative to deleting one position
authority that was vacated due to the Separation Incentive
Program. Funding is provided by the Los Angeles Convention
& Visitors Bureau Trust Fund ($62,734) and the Convention
Center Revenue Fund ($26,886). Related costs consist of
employee benefits.
SG: ($89,620)
Related Costs: ($27,442)
TOTAL Convention and Tourism Development (168,831) (1)

D 2020-21 Program Budget 1,618,546 13
Changes in Salaries, Expense, Equipment, and Special (168,831) (1)
2021-22 PROGRAM BUDGET 1,449,715 12

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