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Item # 19.

Work Session and Regular Meeting

Meeting Date:

08/27/2019

Department:

Special Events

Pillars:

Gold Standard in Financial Health
Optimize the Addison Brand

Milestones:

Continue development and implementation of the Long-Term Financial Plan

AGENDA CAPTION:

Present and Discuss the Operations and Financial Reconciliation for Taste Addison 2019.

BACKGROUND:

Taste Addison is a major festival produced by the Town annually to support Addison restaurants and promote tourism. This three-day event features food, music, and entertainment. It was held May 31-June 2, 2019 at Addison Circle Park.

The Special Events and Finance Departments have prepared a report on the marketing, operational and financial outcomes of Taste Addison 2019. This was the first Addison festival to utilize point-of-sale software in place of the previous Tasty Bucks ticket system. The new software provided detailed information on the sales of food and beverage throughout the event, allowing the Finance team to quickly and accurately compile the necessary information at the end of each day and the end of the event.

RECOMMENDATION:

Information only, no action required.

Attachments

Presentation - Taste Addison 2019 Operations and Financial Reconciliation