Following a detriment of a $100,000 sponsorship concession from McDonald’s for a annual Jul 3 Taste of Oak Brook, encampment officials devise to continue seeking new sponsorships and competence daub into Oak Brook’s hotel/motel taxation account to make adult any shortfall in covering costs.
“There possibly has to be some new or additional sponsors found to make adult that cost, have a encampment make adult a shortfall around a hotel/motel taxation or restructure a whole event,” encampment manager Rick Ginex said.
Ginex pronounced letters have been sent to vital businesses in Oak Brook, seeking them to turn sponsors.
“A lot of those companies don’t get behind to us so quickly,” he said. “We competence not know until May.”
Board member Philip Cuevas suggested that house members privately make follow-up calls to intensity sponsors.
In 2018, a concession from McDonald’s accounted for all though $18,000 from a organisation that enclosed 9 other sponsors. The fast-food hulk stopped a annual concession after relocating a domicile final year from Oak Brook to Chicago.
Ginex presented a Village Board with a few options for care Tuesday, along with regulating income from a hotel/motel taxation fund.
Those options were augmenting revenues by doubling a assign for parking to $20, dwindling expenditures by shortening a eventuality to a fireworks show, with or though a food/beverage vendor, or even discontinuing a whole event.
The house accord was to double a parking price to $20, approaching to beget an additional $30,000; throw live bands and a theatre and lighting that went with that in preference of a DJ, to save about $9,000; and use hotel/motel taxation supports if necessary.
“The hotel account really qualifies for use for Taste of Oak Brook,” house member Michael Manzo said, referring to restrictions on a fund.
The 3 percent hotel/motel taxation collected by a encampment is designated as 2 percent to be used for painting projects and 1 percent for advertising/marketing, a latter of that Taste of Oak Brook could be considered.
Jason Paprocki, Oak Brook’s financial director, pronounced Wednesday that a hotel/motel taxation account had a change of about $4.8 million as of Dec. 31. About $500,000 is designated for promotion and could be used to assistance cover Taste of Oak Brook costs, though slicing any other designed losses in 2019.
“We wouldn’t need it to compensate a whole $100,000 we mislaid with McDonald’s withdrawal from a hotel/motel taxation fund, though it really could assistance if we need it,” Manzo said.
Board member Moin Sayed pronounced his regard was either an boost in a parking price would outcome in fewer people attending.
Along with changes in how Taste of Oak Brook will be funded, a Village Board concluded Tuesdayto no longer concede outward wine to be brought into a event.
Board member John Baar pronounced he knows that underage celebration has taken place on a golf march in a past during a event, hosted on partial of a village’s Sports Core.
“Security is an emanate we have to address,” he said.
Police arch James Kruger concluded that underage celebration is a care as is celebration by anyone who competence finish adult intoxicated.
“There’s no approach for us to compute if it’s something they brought in or purchased from us,” Kruger said, observant that could outcome in guilt issues if someone is concerned in a vehicle-related occurrence after attending Taste of Oak Brook.