| A | B |
|---|
| Budgets | projections of revenues and expenses for a business over a period of time. |
| Revenues | Monies coming into a business |
| Advertising | To call the attention of the public to a product or business. |
| Personal Seat License (PSL) | Fans pay for a set of seats in the venue. |
| Lifetime Ticket Rights (LTR) | Amy’s TICKETS for section 5, seats 1-4 are good for twenty years. At the end of the contract, Amy has the right of first refusal. |
| Secondary events | In addition to the event and include pre-event concerts or activities. |
| Hospitality tax | levied against hotel rooms, car rentals, and certain venues. |
| Property tax | levied against personal property. |
| Food & beverage tax | levied against prepared foods. |
| Ticket tax | levied on event tickets for the purpose of improving facilities. |
| Municipal Bonds | An often tax-exempt bond issued by a city, county, state, or other government for the financing of public projects. |
| Expenses | An expenditure of money |
| Administrative expenses | Health insurance for employees; Rent for office space; Staffing; Travel |
| Talent expenses | Compenstation; Gifts, Parties |
| Event expenses | Advertising; After-event entertainment; Food& Beverage services; Photographers; Prize money |
| Production expenses | Lights; Per Diem; Site preparation; Sound & Stage set-up; Sponsor gifts |
| Facility expenses | Facility rental; liability insurance; Security; Utilities |
