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Item No. 7 <br />TO: Mayor, Mayor Pro -Tern & City Council <br />FROM: Paul Allen, President, Lamar County Chamber of Commerce <br />SUBJECT: APPROVED PROGRAM OF WORKS & BUDGETS FOR LCC & VCC <br />DATE: July 22, 2024 <br />BACKGROUND: The bylaws of both the Love Civic Center and the Visitors and Convention <br />Council, since they receive funding from the city's Hotel Occupancy Tax (HOT), require that their <br />annual budgets be approved by the city council each summer. These budgets have been approved <br />by the Chamber Board on June 25, 2024. <br />STATUS OF ISSUE: Budget approved by the Chamber Board on June 25, 2024. <br />BUDGET: Funding is from the 7% Hotel Occupancy Tax (HOT), plus certain operating revenues. <br />Budgets are attached. <br />RECOMMENDATION: Approve chamber requested budgets. <br />