Convention Center & Tourism

Fiscal Year 2022 Operating and Capital Budget

Department Finance Information

DEPARTMENT WEBSITE: https://www.tampagov.net/tcc/home

VISION AND MISSION:

The Tampa Convention Center strives to be a major asset for economic development, hosting regional, national, and international conventions that stimulate our local economy. Our mission is to deliver one-stop event solutions tailored to each convention’s unique needs.



GOALS AND OBJECTIVES:

  • Achieve revenue target of $11.1 million, a 47% increase over FY2021 Projections of $5.2 million;
  • Evaluate and update processes for scheduling and deployment of staff in an efficient and effective manner to meet customer expectations while managing
unpredictable workforce availability;
  • Deliver future phases of the capital improvement plan on time and on budget;
  • Develop a long-term master plan to ensure center remains competitive and scaled to evolving needs;
  • Optimize new food and beverage options and technology amenities, increasing the Center's available products, services, and revenues;
  • Ensure continuous maintenance of facility and grounds to achieve a state-of-good-repair; and
  • Deliver quality services subject to highest safety standards in compliance with GBAC Certification requirements.


CURRENT OPERATIONS AND INITIATIVES:

Tampa Convention Center (TCC) continues to work closely with the Hillsborough County Board of County Commissioners, the Hillsborough County Hotel & Motel Association and Visit Tampa Bay to bring events to the Center and the Tampa Bay Area. Sources of revenue to the Center are primarily rental fees and commissions paid by TCC’s partners for communication services; audio visual, production and rigging services; event utilities; food and beverage; and business services.


In 2018, Tampa Convention Center began its largest renovation project in history: a $35 million capital improvement plan designed to enhance customer service delivery experiences, provide more efficient operations, and increase revenues. Phase 1 of the plan has been completed and includes the renovation of restrooms; remodeling of concession stands; a new outdoor restaurant, Big Ray’s Fish Camp on the Riverwalk, adjoining The Sail bar; and a 7,000 square foot outdoor covered event space. The outdoor amenities are collectively called “The Sail Plaza.”


The second phase, currently underway, includes major HVAC system upgrades; renovation of the freight elevator; new ballroom lighting; replacement of wall fabrics and carpets in a portion of the meeting rooms; the addition of a second freight elevator and paramedic room; and 18 new spectacular waterfront meeting rooms.


Phase 3 will include the upgrade of the meeting room lighting and installation of electronic access control and digital signage; an extensive upgrade to the chiller plant and building automation system; and new carpet and wall finishes in the public spaces and meeting rooms not completed in phase 2. When complete, the City will have a virtually new, modern convention center.

Department Performance Measures




An image depicting the outside deck area at the Tampa Convention Center
An image depicting the boating dock area at the Tampa Convention Center

Operating Budget Analysis

Revenues earned by this General Fund department do not fully fund the department’s operations. General revenues provide the remaining funding. The Convention Center normally is self-sustaining, however due to reduced event activity from the effects of the COVID-19 pandemic, revenues have significantly decreased. With events starting to be scheduled as protocols become more relaxed, revenues are expected to start heading back to normal. Expenses are expected to stay consistent with the prior year.


Personnel Services decrease from Revised FY2021 is due to the reduction of three FTEs, partially offset by increases in salaries, pension contributions, and healthcare costs.

Operating Budget

Capital Project Details

No new projects were created in FY2022. The two projects listed below are the continuation of renovations at the Convention Center.


For a collection of PDF Project Detail Pages, Click here.


Note: "To Date" Budget and Actual Balances on PDF pages are as of preparation of the budget and may not match the "To Date" balances on department pages.

Capital Improvement Program Budget

Total Budget

Budgeted Position Counts