Current Budget

Current Budget

The San Diego Convention Center Corporation operates on a fiscal year beginning July 1 and ending on June 30.

FY20 Board Approved Budget

Operating Revenues  
Building Rent $9,358,263
Co-Promoted Events 60,000
Food & Beverage 11,649,835
Event Services 4,744,504
Utilities 6,039,732
Telecommunications 4,742,808
Audio & Visual 1,352,738
Naming Rights/Sponsorship 475,000
Interest & Other 448,896
City of San Diego 2,133,025
Total Operating Revenues $41,004,801

 

Operating Expenses  
Salaries & Wages - Full Time $13,961,391
Salaries & Wages - Part Time 4,676,981
Fringe Benefits 5,295,009
Total Personnel Expenses $23,933,381
General Expenses $3,484,616
Repair & Maintenance 2,600,247
Utilities 4,429,771
Contracted Services 1,161,975
Travel & Transportation 147,742
Insurance 402,720
Telecommunications 45,114
Sales & Marketing 2,337,192
Supplies 434,846
Total Supplies & Services $15,044,223
Total Operating Expenses $38,977,604

 

Net Operating Revenues / (Expenses) $2,027,197

 

Debt Service Expenses  
Interest Expense $891,362
Loan Admin Fee 74,487
Total Debt Service Expenses $965,849

 

Non-Operating Revenues  
Capital Contributions - Centerplate $100,000
Capital Contributions - Smart City 462,000
Total Non-Operating Revenues $562,000

 

Non-Operating Expenses  
Depreciation $3,426,009
Loss on Disposal of Fixed Assets 100,000
Total Non-Operating Expenses $3,526,009

 

Net Revenues / (Expenses) -$1,902,661

FY20 Documents

 

Official Corporate Partners of the San Diego Convention Center Corporation: