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LEGAL AUTHORITY
Act 351-2000,
as amended, known as the Puerto Rico Convention Center District Authority Act, established the Convention Center District Authority.
MISSION
Develop and operate the Convention District, the Convention Center, the Coliseum of Puerto Rico and other projects to position Puerto Rico as a destination for business, tourism and world class entertainment, while at the same time promoting economic development of the island.
ORGANIZATIONAL STRUCTURE
- Board of Directors
- Coliseum Operations Office
- Communications Office
- Convention Center Operations Office
- Financial Affairs Office
- Human Resources and Administration Office
- Legal Department
- Office of the Executive Director
- Operations and Facilities Office
- Real Estate Development Office
- Technology and Information
PROGRAMS
Convention Center Operations
Program Description
Manages the Pedro Roselló Convention Center, which is the largest and the most technologically advanced convention center in the Caribbean and Latin America. It has a total area of 580.000 square feet (53.882 m2) and a 17,000 seat capacity. One of the branches of the Spectator Management Group (SMG) is in charge of the center.
Customers
Tourists, companies, organizations, local and international corporations.
José Miguel Agrelot Coliseum
Program Description
Is responsible for the operation of the José Miguel Agrelot Coliseum. One of the branches of SMG is in charge of the Coliseum's administration.
Customers
Show's producers, people in the entertainment industry, artists and the general public.
Convention District Development - Real Estate
Program Description
Plans and develops the lands of the District of Puerto Rico Convention in Isla Grande and the José Miguel Agrelot Coliseum. It also provides the necessary infrastructure to make the convention center an attractive place for tourists and local visitors. Complies with the Authority's Plan by leasing and selling land to the private sector. Promotes tourism and economic development of the area through the redevelopment of the surroundings of the José Miguel Agrelot Coliseum.
Customers
Investors, developers, contractors, retailers, individuals and the banking industry.
Promotional and operational development of the district
Program Description
Funds, develops and manages the operation of the District during its construction phase. Promotes events and projects.
The Program is responsible for the Convention District's real estate, including the planning, development, leasing and sale of land to private sectors in compliance with the Authority's Plan.
FISCAL YEAR 2012-2013 ADOPTED BUDGET
The adopted consolidated budget for Fiscal Year 2012-2013 is $40,868,000 in Revenues from Internal Resources to be used for operational expenses and the development of infrastructure projects.
Revenues from Internal Resources are generated from the operation of the Coliseum, The Convention Center and revenues obtained from the Room tax. Expected revenue for the Coliseum, amounts to $14,074 and is intended for operational expenses and to continue development of the entertainment industry. The Pedro Roselló Convention Center expected revenue amounts to $9,291,000 and is intended for operational expenses. It has a significant impact on the local economy because it has been selected to host the Citywide Conventions.
SUMMARY OF AVAILABLE RESOURCES
| Consolidated Budget (thousands $) |
2010 |
2011 |
2012 |
2013 |
|
| Program |
|
| Operational Expenses |
Actual |
Actual |
Budget |
Adopted |
| Convention Center Operations |
15,851 |
15,851 |
15,851 |
9,291 |
| Jose Miguel Agrelot Coliseum |
14,074 |
14,074 |
14,074 |
14,074 |
| Promotional and operational development of the district |
5,786 |
5,943 |
5,943 |
13,592 |
| Subtotal, Operational Expenses |
35,711 |
35,868 |
35,868 |
36,957 |
| |
| Capital Improvements |
| Convention District Development - Real Estate |
10,000 |
8,000 |
5,000 |
3,911 |
| Subtotal, Capital Improvements |
10,000 |
8,000 |
5,000 |
3,911 |
| Total, Program |
45,711 |
43,868 |
40,868 |
40,868 |
| |
| Funding Sources |
|
| Operational Expenses |
|
| Revenues from Internal Sources |
35,711 |
35,868 |
35,868 |
36,957 |
| Subtotal, Operational Expenses |
35,711 |
35,868 |
35,868 |
36,957 |
| |
| Capital Improvements |
|
| Revenues from Internal Sources |
10,000 |
8,000 |
5,000 |
3,911 |
| Subtotal, Capital Improvements |
10,000 |
8,000 |
5,000 |
3,911 |
| Total, Funding Sources |
45,711 |
43,868 |
40,868 |
40,868 |
| |
| Expense Category |
|
| Operational Expenses |
|
| Payroll and Related Expenses |
837 |
994 |
994 |
994 |
| Rent and Utilities |
524 |
524 |
524 |
8,192 |
| Purchased Services |
32,276 |
32,276 |
32,276 |
25,697 |
| Transportation Expenses |
57 |
57 |
57 |
57 |
| Professional Services |
1,749 |
1,749 |
1,749 |
1,749 |
| Other Expenses |
152 |
152 |
152 |
152 |
| Office Supplies and other Materials |
81 |
81 |
81 |
81 |
| Advertising and Media Expenses |
35 |
35 |
35 |
35 |
| Subtotal, Operational Expenses |
35,711 |
35,868 |
35,868 |
36,957 |
| |
| Capital Improvements |
|
| Capital Improvements Program |
10,000 |
8,000 |
5,000 |
3,911 |
| Subtotal, Capital Improvements |
10,000 |
8,000 |
5,000 |
3,911 |
| Total, Expense Category |
45,711 |
43,868 |
40,868 |
40,868 |
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