Visit Baltimore Annual Report FY2022 2022 | Page 45

Occupancy Tax • $ 8,691,771 • 47.1 % CIAA ( BSTCSD ) • $ 4,437,050 • 24 % BTID • $ 4,020,000 • 21.8 % Convention Housing • $ 466,110 • 2.5 %
FY23 BUDGETED REVENUE
Partnerships • $ 420,000 • 2.3 % State Funding • $ 310,000 • 1.7 % Other • $ 69,999 • 0.4 % Promotional Participation • $ 45,900 • 0.2 %
$ 18,460,830 TOTAL REVENUE
Salaries & Benefits • $ 5,455,330 • 27.6 % Marketing & Communications • $ 4,879,850 • 24.7 % CIAA ( BSTCSD ) • $ 4,437,050 • 22.5 % Sales , Services & Tourism • $ 3,001,670 • 15.2 % General Operations & Partnerships • $ 1,986,930 • 10.1 %
FY23 BUDGETED EXPENSES
$ 19,760,830 TOTAL EXPENSES
APPENDIX 43