This page is designed to provide information regarding income and expenses pertaining to LakeFest 2018, a city-hosted event held on Friday, May 18 and Saturday, May 19 in DeFuniak Springs, Florida. Marketing expenses were paid from a $10,000 grant from Visit South Walton, $5,000 of which was in-kind, and $5,000 cash to reimburse the City for purchasing promotional items used during the event.
Since the City also collected sponsorship and in-kind gifts for this event from other sources, the following information is a breakdown of all income and expenses for LakeFest 2018.
The City budgeted $16,898 for this event. Thanks to financial and in-kind contributions, very little of the City's funds were used in FY 2017/2018.