Presentation to Fort Worth City Council February 9, 2010 Phil Moroneso, Chairman of the Board

A City of Fort Worth initiative 25th Anniversary June 26, 2010 A City of Fort Worth initiative 7 city-to-city agreements, signed by Fort Worth mayors & international city mayors Give city agreements to City Secretary to give to council.

A City of Fort Worth initiative 25th Anniversary June 26, 2010 A City of Fort Worth initiative 7 city-to-city agreements, signed by Fort Worth mayors & international city mayors Give city agreements to City Secretary to give to council.

How Does it Work? City of FW chose to establish Sister Cities program independently rather than as a City department (1985) Management provided by Fort Worth Sister Cities International, Inc. Annual contract to carry out City’s programs with each international partner

Operating Budget FY 2009 - $810,145 FY 2010 - $610,685 FY09 City contribution $378,000 FY10 City contribution $50,000 How we are managing reduction Reduce operating budget by $199,460 - 3 of 8 positions eliminated - 8 furlough days for remaining staff - Staff training eliminated and various general expenses Increase revenue - Maintain 2009 fundraising levels + $50,000 Utilize no more than $150,000 of reserve

Current sources of revenue City’s contribution $50,000 Mayor’s Dinner - $190,000 New fundraising - $50,000 Corp/individual contributions - $90,000 Grants & investments - $35,000 Program revenue - $45,000 Outbound exchanges net $250 per person China will increase revenue to City and Sister Cities

Operating Reserve Currently hold $399,990 in reserve Initiated policy to establish reserve 10 years ago Policy - contribute ½ program revenue surplus to reserve annually Policy - maintain 6 months operating capital in reserve

Future plans Maintain core youth programs Economic relations initiative increased Secure new sister city in China - Private funds secured - Research trip to China planned in May - Business and Chamber representatives to participate Work with City’s Economic Dev Dept to strengthen economic ties with current sister cities Work with Chambers of Commerce & CVB to increase economic relations Some local programs eliminated

What’s the Value for FW? Tourism Impact: 2,924 inbound & outbound delegates, through DFW Airport, last 5 years Nearly 3,000 seats filled on airlines serving DFW Airport Over1,600 airline tickets purchased on American Airlines

What’s the Value to FW? Marketing Impact: National and international publicity Marketing efforts enhance Fort Worth’s image, attract visitors and business Recognition to FW through national and international awards Show french magazine talking about Reggio Emilia’s horse show and Fort Worth’s rodeo. They get the connection worldwide.

For The Record… Majority of all programs are targeted toward youth: 15,342 in last 5 years Only 2 outbound adult exchanges per year (47 adults participated in exchanges last year) Participants pay their own expenses Outbound exchanges help fund local programs reaching 53,714+ youth & adults, last 5 years $473,044 in scholarships awarded to low-income students, last 5 years

Sister Cities = Long Term Value 25 year history Best program in USA Efficient and effective track record Revenue generator for City of FW Brings international recognition to FW Builds leadership for the future Enriches entire community