A MESSAGE FROM THE PRESIDENT/CEO

THE AUTHORITY CONTINUES TO MODIFY ITS ORGANIZATIONAL STRUCTURE AND MAKE MODIFICATIONS ERIC D. HART, CVE IN OPERATING AND EVENT STAFFING POLICIES WHICH ARE DESIGNED TO REDUCE COSTS, IMPROVE PRESIDENT/CEO EFFICIENCY AND BETTER MEET THE NEEDS OF THE COMMUNITY AND AUTHORITY CLIENTS AND TENANTS. AUTHORITY MANAGEMENT HAS CONTINUED TO STRIVE TO ATTRACT NEW EVENTS TO BE HELD AT RAYMOND JAMES STADIUM AND PRIOR TO THE PANDEMIC, WE WERE EXPERIENCING ONE OF THE I AM PLEASED TO PRESENT THE RECOMMENDED OPERATING HIGHEST REVENUE PRODUCING YEARS IN OUR HISTORY. IN THE COMING MONTHS, THE MANAGEMENT AND CAPITAL BUDGET FOR THE FISCAL YEAR 2021-22. TEAM WILL BE TASKED WITH FINDING NEW AND CREATIVE WAYS TO OPERATE THE STADIUM AND THIS BUDGET WAS DEVELOPED BY STAFF AND INCLUDED INCORPORATE ADDITIONAL PRIVATE SECTOR PRACTICES INTO OUR OPERATIONS. AS AN ILLUSTRATION OF A REVIEW BY THE HILLSBOROUGH COUNTY AND CITY OF THE RESULTS OF THESE EFFORTS, RAYMOND JAMES STADIUM WILL HOST SUPER BOWL LV IN 2021 AND TAMPA FINANCE STAFFS, ALONG WITH THE AUTHORITY’S HAS RESCHEDULED MANY OF THE POSTPONED EVENTS FROM 2021. FINANCE COMMITTEE. THIS BUDGET REFLECTS THE CONTINUED EMPHASIS ON GUEST AND EMPLOYEE SAFETY, ALONG CAPITAL REPAIRS TO THE VENUE. RESPECTFULLY, THE COVID-19 PANDEMIC HAS HAD A SIGNIFICANT IMPACT THROUGHOUT AUTHORITY OPERATIONS. THE PANDEMIC CAUSED A COMPLETE LOSS OF REVENUES FOR A 90- DAY PERIOD DURING MID-MARCH THROUGH MID-JUNE. THE SUSPENSION OF EVENT OPERATIONS CAUSED THE CANCELLATION OF THE XFL, WRESTLEMANIA 36, A GUNS N’ ROSES CONCERT AND THE POSTPONEMENT OF THE KENNY CHESNEY AND ROLLING STONES CONCERTS, WHICH HAD A SIGNIFICANT IMPACT FOR OUR OPERATING BUDGET AND TOURISM RELATED REVENUES FOR THE COMMUNITY. THE AUTHORITY TOOK IMMEDIATE STEPS TO REDUCE OPERATING COSTS AND PROVIDE A SAFE ENVIRONMENT FOR STAFF. THE AUTHORITY STAFF USED THIS CLOSURE PERIOD TO COMPLETE CAPITAL PROJECTS AND PREPARE THE VENUE FOR REOPENING, WITH A GREATER EMPHASIS ON THE SAFETY OF OUR EMPLOYEES AND CUSTOMERS. DURING JULY, HILLSBOROUGH COUNTY PROVIDED CARES ACT FUNDING TO COMPLETE ADDITIONAL SAFETY IMPROVEMENTS TO THE VENUE IN ACCORDANCE WITH CDC GUIDELINES. WHILE RAYMOND JAMES STADIUM HAS STARTED HOSTING EVENTS IN EXTERIOR SPACES, WE HAVE NOT HOSTED A REVENUE PRODUCING EVENT WITHIN THE STADIUM SINCE CLOSURE IN LATE MARCH. WE ANTICIPATE THIS CLOSURE TO CONTINUE UNTIL THE START OF OUR USF FOOTBALL SEASON AND BUCCANEERS SEASON IN MID-SEPTEMBER.

WHILE COVID-19 HAS HAD A DRAMATIC IMPACT ON OUR CURRENT REVENUES, THERE ARE SEVERAL BRIGHT SPOTS FOR RAYMOND JAMES STADIUM. THE VENUE CURRENTLY SERVES AS THE LARGEST COVID-19 TESTING SITE IN HILLSBOROUGH COUNTY. ADDITIONALLY, THE AUTHORITY WAS ABLE TO LEVERAGE OUR SUPPLIERS TO PROVIDE SCARCE PERSONAL PROTECTIVE EQUIPMENT TO HILLSBOROUGH COUNTY FOR COMMUNITY FIRST RESPONDERS DURING THE EARLY STAGES OF THE PANDEMIC. ADDITIONALLY, WE HAVE BEEN VERY PLEASED TO SEE A RESURGENCE IN THE INTEREST IN USE OF THE VENUE FOR THE UPCOMING FISCAL YEAR. WE BELIEVE THIS IS A POSITIVE SIGN FOR THE LONG-TERM RECOVERY AFTER THE PANDEMIC. WE ARE PLEASED TO BE A BRIGHT SPOT FOR THE COMMUNITY WHEN IT NEEDED IT MOST. TO PLAN, DEVELOP, PROMOTE AND MAINTAIN A COMPREHENSIVE COMPLEX OF SPORTS AND RECREATION FACILITIES FOR THE USE AND ENJOYMENT OF THE CITIZENS OF

TAMPA AND HILLSBOROUGH COUNTY. MISSION STATEMENT

TO FACILITATE THE CONSTRUCTION AND OPERATIONS OF TABLE OF CONTENTS NEEDED, USER-FEE SUPPORTED SPORTS AND RECREATIONAL FACILITIES. TO ENCOURAGE AND NOT COMPETE WITH THE OUR PRIVATE SECTOR. “USER-FEE SUPPORTED” DISTINGUISHES US ROLE FROM A PARKS AND RECREATION DEPARTMENT. ADMINISTRATIVE TAMPA SPORTS AUTHORITY BOARD OF DIRECTORS 5-6

TAMPA SPORTS AUTHORITY ORGANIZATIONAL CHART 7 TO PROVIDE ECONOMIC DEVELOPMENT AND ENHANCE THE QUALITY OF LIFE THROUGH EVENTS

SPORTS AND RECREATION. VISION YEAR IN REVIEW 8-10 STATEMENT BUDGET REQUEST AND ASSUMPTIONS

CONTRIBUTION REQUESTS 11

ABOUT THE AUTHORITY BUDGET REVENUE & EXPENSE ASSUMPTIONS 12 THE TAMPA SPORTS AUTHORITY, A GOVERNMENT ENTITY, IS AN INDEPENDENT SPECIAL DISTRICT CREATED BY THE FLORIDA LEGISLATURE IN 1965 TO CONSTRUCT AND MANAGE SPORTS AND RECREATIONAL FACILITIES IN BUDGET NOTES 13-14 HILLSBOROUGH COUNTY. THE AUTHORITY’S MISSION IS TO PROVIDE ECONOMIC DEVELOPMENT AND ENHANCE THE QUALITY OF LIFE THROUGH SPORTS AND RECREATION. THE AUTHORITY HAS NO TAXING POWER, BUT RATHER ACTS STATEMENT OF REVENUE AND EXPENSES-COMPARATIVE 15-17 AS AN ENTERPRISE FUND UTILIZING USER-FEES TO SUBSIDIZE ITS OPERATING COSTS. AS A RESULT, ALL OF ITS MAJOR CAPITAL CONSTRUCTION PROJECTS FROM THE ORIGINAL TAMPA STADIUM, GOLF COURSES, HILLSBOROUGH CAPITAL PROJECTS COUNTY TOURNAMENT SPORTSPLEX, AMALIE ARENA, GEORGE STEINBRENNER FIELD AND RAYMOND JAMES STADIUM HAVE BEEN ACCOMPLISHED BY WORKING CLOSELY WITH THE APPROVALS AND FINANCIAL SUPPORT OF 2020 CAPITAL PROJECT HIGHLIGHTS 18 HILLSBOROUGH COUNTY AND THE CITY OF TAMPA. PROPOSED CAPITAL PROJECT BUDGET (THROUGH 2022) 19 RAYMOND JAMES STADIUM WAS CONSTRUCTED WITH FUNDS FROM THE COMMUNITY INVESTMENT TAX (CIT). THE CIT IS A 30-YEAR HALF-CENT LOCAL OPTION SALES TAX. THE FIRST 25% OF THE TOTAL PROJECTED CIT COLLECTIONS PROPOSED CAPITAL PROJECTS (FY 2021) 20 GOES TO BUILD NEW SCHOOLS. THE NEXT AMOUNT IS APPLIED TO DEBT PAYMENTS ON THE STADIUM BONDS (APPROXIMATELY 7% OF THE TOTAL) AND THE REMAINING 68% IS DIVIDED BETWEEN THE COUNTY AND THE THREE PROPOSED CAPITAL PROJECTS (FY 2022) 21 CITIES IN HILLSBOROUGH COUNTY FOR ROADS, SIDEWALKS, BUILDINGS AND PUBLIC SAFETY NEEDS. (SEE PAGE 23) PROJECTED CAPITAL COSTS OVERVIEW (THROUGH 2028) 22 MORE THAN 800,000 FANS ENJOYED THE VARIOUS EVENTS AND FUNCTIONS HELD AT RAYMOND JAMES STADIUM THIS PAST YEAR. IN ADDITION TO HOSTING THE BUCCANEERS AND USF FOOTBALL SEASONS, THE AUTHORITY ALSO HOSTED MAJOR EVENTS SUCH AS THE OUTBACK BOWL, TWO MONSTER JAMS, SUPERCROSS, TWO XFL GAMES, A DEBT SERVICE COLUMBIA VS. VENEZUELA MEN’S SOCCER MATCH AND FOR THE SECOND TIME THE BAD BOY MOWERS GASPARILLA HILLSBOROUGH COUNTY COMMUNITY INVESTMENT TAX (CIT) 23 BOWL WAS HELD AT RAYMOND JAMES STADIUM. ALL OF THESE EVENTS WERE MANAGED ALONG WITH MORE THAN 70 BANQUETS, SPECIAL EVENTS, FESTIVALS AND PARKING LOT EVENTS. UNFORTUNATELY, MUCH MORE WAS DEBT SERVICE REQUIREMENTS 24 PLANNED AT RAYMOND JAMES STADIUM FOR THE YEAR, SUCH AS WRESTLEMANIA, THE REMAINDER OF THE XFL SEASON, A KENNY CHESNEY CONCERT, A ROLLING STONES CONCERT, A GUNS N’ ROSES CONCERT, AND SUNSET MUSIC FESTIVAL. THESE EVENTS WERE CANCELLED DUE TO THE COVID-19 PANDEMIC. WE HAVE MADE GREAT PROGRESS IN REBOOKING THESE CANCELLED EVENTS FOR FUTURE DATES.

THE NFL PLAYERS ASSOCIATION CONTINUES TO RANK RAYMOND JAMES STADIUM AS ONE OF THE BEST PLAYING FIELDS IN THE NFL. BOARD OF DIRECTORS

RANDY LARSON ANDREW SCAGLIONE MARK S. WOODARD DON DEFOSSET HON. ORLANDO GUDES HON. KEN HAGAN

CHAIRMAN VICE CHAIRMAN SECRETARY/TREASURER

JOHN JAEB VINCENT MARCHETTI TONY MUNIZ LUCIANO PRIDA, JR. THOMAS SCOTT ERIC D. HART, CVE

PRESIDENT/CEO

5 6 ORGANIZATIONAL CHART YEAR IN REVIEW TAMPA BAY BUCCANEERS BOARD OF DIRECTORS THE 2020 SEASON IS THE TAMPA BAY BUCCANEERS’ 45TH IN THE NATIONAL FOOTBALL LEAGUE AND THEIR SECOND UNDER HEAD COACH BRUCE ARIANS. THEY WILL ATTEMPT TO IMPROVE PRESIDENT/CEO UPON THEIR 7–9 RECORD FROM ERIC HART THE PREVIOUS SEASON AND MAKE THE PLAYOFFS FOR THE FIRST TIME SINCE 2007. THE DEFENSE IMPROVED DRASTICALLY IN COACH ARIAN’S FIRST YEAR.

VP/FINANCE & SR VP/STADIUM VP/MARKETING & ON MARCH 20, 2020, THE TEAM ADMINISTRATION OPERATIONS COMMUNICATIONS AGREED TO TERMS WITH FORMER NEW DAVID BYRNE MICKEY FARRELL BOBBY SILVEST ENGLAND PATRIOTS QUARTERBACK TOM BRADY. THE BUCCANEERS ALSO TRADED FOR BRADY’S FORMER PATRIOTS TEAMMATE, TIGHT END HUMAN RESOURCES EVENT OPERATIONS MARKETING ROB GRONKOWSKI. THIS COMBINED WITH OFFENSIVE WEAPONS LIKE MIKE EVANS AND CHRIS GODWIN HAVE BUCS FANS VERY OPTIMISTIC FOR A GREAT SEASON. FINANCIAL PLANNING MERCHANDISE SALES MEDIA THE TEAM UNVEILED NEW UNIFORMS ON APRIL 7, 2020, THEIR FIRST UNIFORM CHANGE SINCE 2014. THE NEW UNIFORMS ARE SIMILAR IN RISK MANAGEMENT CAPITAL PROJECTS COMMUNICATIONS DESIGN TO THE ONES THEY WORE FROM 1997 TO 2013.

PAYROLL/AP/R FACILITIES MANAGEMENT GRAPHIC DESIGN USF FOOTBALL

THE UNIVERSITY OF SOUTH FLORIDA BOND OVERSIGHT AND FOOD & BEVERAGE SOCIAL MEDIA MANAGEMENT BULLS STRUGGLED IN COACH CHARLIE STRONG’S THIRD YEAR, FINISHING WITH A RECORD OF 4–8 (2–6 IN THE AMERICAN). ON DECEMBER 1ST, 2019, STRONG PURCHASING HOUSEKEEPING WEBSITE/MAINTENANCE WAS FIRED TWO DAYS AFTER A 34–7 LOSS TO UCF, WHICH MARKED THE THIRD STRAIGHT LOSS TO THEIR IN-STATE RIVAL. BUDGETING COORDINATION ON DECEMBER 9, 2019, USF ANNOUNCED THAT JEFF SCOTT WOULD BE THE PROGRAM’S FIFTH HEAD COACH. SCOTT WAS PREVIOUSLY THE CO-OFFENSIVE CASH HANDLING COORDINATOR AT CLEMSON, WHERE HE WON TWO NATIONAL CHAMPIONSHIPS (2016 & 2018). THIS ADDITION ALONG WITH SOME TAMPA SPORTS AUTHORITY: EXECUTIVE TEAM (PICTURED RIGHT) KEY COACHING HIRES MAKES BULLS NATION VERY OPTIMISTIC (L-R) MICKEY FARRELL (SR. VP OF STADIUM OPERATIONS), BOBBY SILVEST FOR THE 2020 SEASON. (VP OF MARKETING & COMMUNICATIONS), ERIC HART (PRESIDENT/CEO), DAVID BYRNE (VP OF FINANCE/ADMINISTRATION), REBECCA SKYLES (EXECUTIVE ASSISTANT TO CEO), KENNIE SIMS (VP OF GOLF OPERATIONS)

7 8 YEAR IN REVIEW YEAR IN REVIEW OUTBACK BOWL MONSTER JAM

THE 2020 OUTBACK BOWL FEATURED FELD ENTERTAINMENT CONTINUES THE AUBURN TIGERS OF THE TO DELIVER OUTSTANDING EVENTS SOUTHEASTERN CONFERENCE AND WITH TWO MONSTER JAMS EACH THE MINNESOTA GOPHERS OF THE SEASON, WHICH ATTRACTED BIG TEN CONFERENCE, WITH 40,000 ALMOST 80,000 FANS. FANS IN ATTENDANCE. THIS REGULAR EVENT AT RAYMOND THIS WAS MINNESOTA’S FIRST TIME JAMES STADIUM CONTINUES TO BE PLAYING IN THE OUTBACK BOWL, VERY POPULAR AND BRINGS SOME AND THEY CAME AWAY WITH A OF THE LARGEST CROWDS OF THE VICTORY, DEFEATING AUBURN 31-24. YEAR.

GASPARILLA BOWL SUPERCROSS THE MONSTER ENERGY AMA SUPERCROSS CHAMPIONSHIP THE 2019 BAD BOY MOWER’S RETURNED TO RAYMOND JAMES GASPARILLA BOWL WAS HOSTED AT STADIUM IN 2020. RAYMOND JAMES STADIUM FOR THE SECOND TIME. APPROXIMATELY 35,000 FANS ENJOYED WATCHING THE TOP THE GAME MATCHED THE UCF RIDERS IN THE WORLD IN THIS KNIGHTS OF THE AMERICAN INTERNATIONAL COMPETITION. ATHLETIC CONFERENCE (THE AMERICAN) AND THE MARSHALL THUNDERING HERD OF CONFERENCE USA (C–USA). IT WAS THE FOURTH APPEARANCE IN THE GASPARILLA BOWL FOR BOTH TEAMS, WITH 14,695 FANS IN ATTENDANCE. UCF DEFEATED MARSHALL 48-25.

9 10 CONTRIBUTION REQUESTS BUDGET REVENUE &

THIS YEAR’S ANTICIPATED PROPERTY TAXES, ALONG WITH THE STADIUM’S OPERATING AND MAINTENANCE (O & M) EXPENSES OUTLINED IN THIS DOCUMENT, REQUIRE THE AUTHORITY TO REQUEST CONTRIBUTIONS OF $2,866,211 EXPENSE ASSUMPTIONS FROM THE CITY AND COUNTY TO MEET NEXT YEAR’S CONTRACTUAL OBLIGATIONS. THE AUTHORITY HAS EXISTING INTER-LOCAL AGREEMENTS WITH THE CITY OF TAMPA AND HILLSBOROUGH COUNTY, WHICH PROVIDE THAT IN THE EVENT THE AUTHORITY IS UNABLE TO PAY ITS OPERATING COSTS, THE CITY WILL PAY ONE THIRD (1/3) AND THE COUNTY WILL PAY TWO THIRDS (2/3) OF ANY DEFICIT AFTER THE AUTHORITY DEPLETES ITS O & M RESERVE FUND. REVENUES FOR FY-2021 WERE DEVELOPED FROM THE THEREFORE, THE AUTHORITY WILL BE ASKING THE CITY OF TAMPA TO CONTRIBUTE $955,404 AND HILLSBOROUGH COUNTY TO CONTRIBUTE $1,910,808 TO FUND NEXT YEAR’S OPERATIONS. THE FOLLOWING SCHEDULE SHOWS FOLLOWING ASSUMPTIONS: ACTUAL AND PROJECTED CONTRIBUTIONS FROM THE CITY AND COUNTY: 1. 11 BUCCANEER GAMES (2 PRESEASON) 2. 6 USF GAMES BUDGETED FORECAST PROPOSED PROPOSED 3. 2 MONSTER JAMS FY-2020 * FY-2020* FY-2021** FY 2022 *** 4. OUTBACK BOWL 5. GASPARILLA BOWL CITY (1/3) $ 640,211 $ 640,818 $ 955,404 $ 657,478 6. 2 NON-PROMOTED CONCERTS 7. 2-DAY SUNSET MUSIC FESTIVAL 8. NO INCREASE IN PARKING RATES COUNTY (2/3) $ 1,280,422 $ 1,281,636 $ 1,910,808 $ 1,314,955 9. NO INCREASE IN CONCESSION FEES 10. USE OF 2018 NET GAIN TO REDUCE FY-2021 OPERATING SUBSIDY REQUEST TOTAL REQUEST (OPERATIONS AND $ 1,920,633 $ 1,922,454 $ 2,866,211 $ 1,972,433 EXPENSES FOR FY-2021 WERE DEVELOPED FROM THE MAINTENANCE) FOLLOWING ASSUMPTIONS: CAPITAL REQUEST $ 11,648,114 $ 11,648,114 $ - $ - 1. 11 BUCCANEER GAMES (2 PRESEASON)- TOTAL REQUEST (O&M AND 2. 6 USF GAMES $ 13,568,747 $ 13,570,568 $ 2,866,211 $ 1,972,433 CAPITAL) 3. 2 MONSTER JAMS 4. OUTBACK BOWL CAPITAL REQUEST FUNDED BY 4TH CENT TOURIST DEVELOPMENT TAXES AND SAVINGS GENERATED FROM 5. GASPARILLA BOWL AUTHORITY BOND REFUNDINGS. 6. 2 NON-PROMOTED CONCERTS * 2020 FUNDING AMOUNT REDUCED BY FY-2017 $838,979 NET GAIN. 7. 2-DAY SUNSET MUSIC FESTIVAL ** 2021 FUNDING AMOUNT REDUCED BY FY-2018 $720,455 NET GAIN. 8. SUPERBOWL- AUTHORITY’S COSTS REIMBURSED *** 2022 FUNDING AMOUNT REDUCED BY FY-2019 $1,065,791 NET GAIN. 9. NO INCREASE IN WAGES AND SUSPENSION OF BONUS PLAN 10. A 14% INCREASE IN FRS RETIREMENT COSTS, RATES DETERMINED INDEPENDENT OF AUTHORITY 11. AN INCREASE IN INSURANCE DUE TO AN INCREASE IN PROPERTY PREMIUM 12. AN ESTIMATED 0% INCREASE IN FLORIDA MINIMUM WAGE IS INCLUDED FOR PART-TIME PERSONAL AND VARIOUS OTHER CONTRACTS 13. 3% INCREASE IN UTILITIES 14. 9% INCREASE IN HEALTH INSURANCE COSTS 15. COMPLETING MANY CAPITAL PROJECTS WITH IN-HOUSE STAFF VS. USING CONTRACTED STAFF 16. PROPERTY TAX INCREASES RELATED TO ANTICIPATED INCREASED VALUES 17. REDUCTION IN TRAVEL EXPENSES 18. MAINTAINED INCREASE IN CONSULTANT COSTS RELATED TO NEW TENANT ACQUISITIONS 19. IMPACT OF HOME NFL PLAYOFF GAMES NOT INCLUDED 20. DROP IMPACT ESTIMATED TO BE $9,999

*THESE WERE PREPARED WITH REDUCED ATTENDANCE EXPECTATIONS THROUGH JANUARY 1, 2021.

11 12 BUDGET NOTES BUDGET NOTES

1. ACCRUAL ACCOUNTING: THE AUTHORITY’S BUDGET IS PRESENTED ON AN ACCRUAL BASIS. MONTHLY FINANCIAL STATEMENTS ALONG WITH BUDGET DOCUMENTS ARE PRESENTED ON A FULL ACCRUAL BASIS OF 8. TAXES: ACCOUNTING. A. INCOME TAX: THE AUTHORITY IS A GOVERNMENTAL AGENCY AND THEREFORE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER PROVISIONS OF THE INTERNAL REVENUE CODE AND THE FLORIDA INCOME TAX CODE, RESPECTIVELY. THERE ARE NO PROVISIONS FOR INCOME TAXES IN THE BUDGET. 2. CAPITAL IMPROVEMENTS: CAPITAL IMPROVEMENT ACTIVITY IS NOT INCLUDED IN THE BUDGET B. AD VALOREM AND TANGIBLE PROPERTY TAX: AD VALOREM AND TANGIBLE PROPERTY TAXES ARE SUMMARY, BUT IS SHOWN AS A SEPARATE SCHEDULE IN THIS REPORT. THE AUTHORITY IS RESPONSIBLE FOR ESTIMATED BASED UPON AVAILABLE ASSESSED PROPERTY VALUES FROM THE HILLSBOROUGH COUNTY THE ONGOING CAPITAL REPAIRS AT RAYMOND JAMES STADIUM. BETWEEN FISCAL YEARS 2007-2023, PROPERTY ASSESSOR’S OFFICE AND THE ESTIMATED TAX MILLAGE AVAILABLE AT THE TIME THE BUDGET AUTHORITY WILL RECEIVE $15,000,000 FROM THE TOURIST DEVELOPMENT TAX (TDT) TO FUND STADIUM IS PREPARED. WHEN THE ACTUAL AD VALOREM AND TANGIBLE TAX NOTICES ARE RECEIVED IN CAPITAL REPAIRS AND IMPROVEMENTS OVER 20 YEARS. NOVEMBER OF EACH FISCAL YEAR, THE ESTIMATED TAX AMOUNT DETERMINED FOR BUDGET PURPOSES WILL BE ADJUSTED TO REFLECT THE ACTUAL TAX AMOUNT. THE ACTUAL TAX AMOUNT WILL BE 3. DEBT SERVICE: DEBT SERVICE ACTIVITY IS NOT INCLUDED IN THE BUDGET SUMMARY, BUT IS SHOWN REFLECTED ON THE REQUESTS FOR REIMBURSEMENT FROM THE CITY OF TAMPA AND FROM AS A SEPARATE SCHEDULE TO THIS REPORT. FUNDING SOURCES FOR THE STADIUM FROM DEBT SERVICE HILLSBOROUGH COUNTY. THE AUTHORITY’S BUDGET CONTAINS AD VALOREM PROPERTY TAX PAYMENTS ACTIVITY ARE PRIMARILY FROM SALES TAX FUNDING. NO NEW DEBT RELATED TO RAYMOND JAMES STADIUM FOR NEW YORK YANKEES MINOR LEAGUE COMPLEX, PORTIONS OF RAYMOND JAMES STADIUM AND IS ANTICIPATED FOR THE NEXT FISCAL YEAR. THE SOUTH PROPERTY WHICH IS OWNED BY THE AVIATION AUTHORITY AND LEASED BY THE AUTHORITY. ADDITIONALLY, THE AUTHORITY BUDGET CONTAINS TANGIBLE PROPERTY TAX PAYMENTS FOR THE 4. SALARIES: WAGES INCLUDE FULL-TIME, PART-TIME AND OVER-TIME ESTIMATES AND CORRESPONDING BUCCANEERS PROPERTY WITHIN RAYMOND JAMES STADIUM. BENEFITS SUCH AS SOCIAL SECURITY, RETIREMENT AND HEALTH INSURANCE. 9. PRODUCE EVENTS: THE AUTHORITY SUCCESSFULLY CO-PRODUCED A SUPERCROSS EVENT IN 5. BUCCANEERS LICENSE FEE: IN ACCORDANCE WITH THE TERMS OF THE STADIUM AGREEMENT FY-2020 AND PRODUCED KENNY CHESNEY CONCERTS AT RAYMOND JAMES STADIUM IN 2011, 2012 AND BETWEEN THE AUTHORITY AND THE TAMPA BAY BUCCANEERS, DATED AUGUST 28, 1996, THE BUCCANEERS 2013. PRIOR TO 2011, THE AUTHORITY ACTED AS A LANDLORD WITH CLIENTS WHO PROMOTED CONCERTS PAY AN ANNUAL RENT OF $3,500,000. THE BUCCANEERS RETAIN ALL ADMISSIONS, CONCESSIONS, PARKING IN RAYMOND JAMES STADIUM. SINCE 2011, THE AUTHORITY HAS ACTED AS AN EVENT PROMOTER AND AND ADVERTISING REVENUES GENERATED AS A RESULT OF THEIR EVENTS. ADDITIONALLY, THE BUCCANEERS SELF-PRODUCED SEVERAL CONCERTS WITH THE GOAL OF GENERATING ADDITIONAL REVENUE. THE AUTHORITY RETAIN ALL SUITE LEASE REVENUES AND ADVERTISING REVENUES AT RAYMOND JAMES STADIUM. CONTINUES TO ENCOURAGE PROMOTERS TO PRODUCE EVENTS IN THE STADIUM, WHEN EVALUATING THESE OPPORTUNITIES, THE AUTHORITY STRATEGICALLY EVALUATES THE RISKS AND REWARD OF SELF-PROMOTION. THE NEED TO PRODUCE EVENTS IS NEW FOR MANY STADIUMS AND IS PRIMARILY DUE TO CHANGES IN THE 6. TICKET SURCHARGES: A SURCHARGE OF 8% IS PLACED ON ALL TICKETS SOLD AT RAYMOND JAMES EVENT INDUSTRY AND A DECLINE IN EVENT PROMOTERS AND ACTS WHICH HAVE THE ABILITY TO SELL STADIUM WITH A MAXIMUM SURCHARGE AMOUNT OF $2.50 PER ADMISSION TICKET. TICKET SURCHARGES TICKETS FOR SUCH LARGE STADIUMS. THERE ARE INHERENT RISKS WITH SELF-PROMOTING EVENTS AND ARE CHARGED ON EVERY PAID ENTRY TICKET AND ARE PAID TO THE AUTHORITY, NOT TO EXCEED $1,930,000 AUTHORITY MANAGEMENT WILL CONTINUE TO WORK CLOSELY WITH THE AUTHORITY BOARD OF DIRECTORS ANNUALLY (BEGINNING FEBRUARY 1 OF EACH YEAR). SURCHARGE REVENUES THAT EXCEED $1,930,000 AND THE CITY AND COUNTY ADMINISTRATIONS TO GAIN APPROVAL AND A BETTER UNDERSTANDING OF THE ARE PLACED IN A RESTRICTED RESERVE ACCOUNT. SURCHARGE RESERVES ARE PERMITTED TO BE USED RISKS AND POSSIBLE RETURN ON INVESTMENT. BY THE AUTHORITY TO REACH THE $1,930,000 ANNUAL SURCHARGE CAP. IF THE CUMULATIVE SURCHARGE ADDITIONALLY, THE AUTHORITY HAS ESTABLISHED A $500,000 EVENT DEVELOPMENT FUND (WHICH WAS RESERVE EXCEEDS $1,000,000, ALL RESERVE AMOUNTS IN EXCESS OF $1,000,000 CAN BE USED BY THE FUNDED FY-2018 AND 2019 FROM PRIOR POSITIVE BUDGET VARIANCES) IN ORDER TO OFFSET THE POTENTIAL BUCCANEERS FOR CAPITAL INVESTMENTS IN RAYMOND JAMES STADIUM. IN THE EVENT THAT SURCHARGE RISKS OF PRODUCING EVENTS. REVENUES DO NOT REACH THE $1,930,000 ANNUAL SURCHARGE CAP, THE AUTHORITY USES ANY EXCESS FUNDS IN THE SURCHARGE RESERVE ACCOUNT TO REACH THE $1,930,000 SURCHARGE CAP. IN THE EVENT THE SURCHARGE RESERVE DOES NOT HAVE SUFFICIENT FUNDS TO BE APPLIED TO REACH THE SURCHARGE CAP, THE AUTHORITY HAS THE RIGHT TO IMPLEMENT SURCHARGES ON FOOD AND BEVERAGE AND/ OR PARKING TO ADDRESS ANY SURCHARGE SHORTFALLS. THE BUCCANEERS HAVE THE RIGHT TO PAY ANY SURCHARGE REVENUE CAP SHORTAGES IN LIEU OF THE AUTHORITY IMPLEMENTING ANY NEW SURCHARGES. THE BUCCANEER’S AGREED TO FUND ANY SHORTFALL IN 2020 IN LIEU OF ANY SURCHARGE IMPLEMENTATION. THE PRESENT BALANCE IN THE SURCHARGE RESERVE FUND, AFTER THE BUCCANEER’S SHORTFALL PAYMENT IS $0.

7. OTHER EVENT REVENUES: DURING EACH CONTRACT YEAR BEGINNING FEBRUARY 1, THE AUTHORITY COLLECTS AND PAYS TO THE BUCCANEERS: A. THE FIRST $2,000,000 OF REVENUES (NET OF SALES TAX, SURCHARGES AND DIRECT EVENT COSTS) RECEIVED FROM RENTS, CONCESSIONS AND PARKING FOR ALL STADIUM EVENTS. B. THIRTY THREE PERCENT (33%) OF ALL REVENUES ABOVE THE FIRST $2,000,000 AND BELOW $3,500,000 (NET OF SALE TAX, SURCHARGES AND DIRECT EVENT COSTS) RECEIVED FROM RENTS, CONCESSIONS AND PARKING FOR ALL STADIUM EVENTS. C. FIFTY PERCENT (50%) OF ALL REVENUES ABOVE $3,500,000 (NET OF SALE TAX, SURCHARGES AND DIRECT EVENT COSTS) RECEIVED FROM RENTS, CONCESSIONS AND PARKING FOR ALL STADIUM EVENTS. 13 14 STATEMENT OF REVENUE & STATEMENT OF REVENUE & EXPENSES EXPENSES

FY 2019 FY 2020 FY 2020 FY 2021 FY 2022 FY 2019 FY 2020 FY 2020 FY 2021 FY 2022 ACTUAL BUDGET FORECAST PROPOSED PROPOSED ACTUAL BUDGET FORECAST PROPOSED PROPOSED OPERATING REVENUES TOTAL GROSS OPERATING $ 14,899,652 $ 20,296,300 $ 12,874,667 $ 14,929,412 $ 17,419,206 BUCCANEERS REVENUES LICENSE FEES $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000 $ 3,500,000 Less: Revenue Splits $ (3,518,997) $ (3,746,570) $ (2,700,837) $ (3,573,876) $ (2,338,660) TICKET SURCHARGE $ 851,923 $ 1,357,393 $ 1,111,929 $ 2,060,918 $ 1,265,472 Total Net Operating Revenues $ 11,380,655 $ 16,549,730 $ 10,173,831 $ 11,355,537 $ 15,080,546 PARKING $ 37,108 $ 25,000 $ 12,109 $ 17,857 $ 16,129 OPERATING EXPENSES TOTAL BUCCANEERS $ 4,389,031 $ 4,882,393 $ 4,624,038 $ 5,578,775 $ 4,781,601 SALARIES & WAGES $ 1,117,474 $ 3,208,855 $ 3,017,834 $ 3,058,897 $ 3,202,101 SALARIES & WAGES REIMBURSEMENT $ (1,164,975) $ (1,279,422) $ (1,091,243) $ (1,131,538) $ (1,164,948) COLLEGE FOOTBALL FRINGES/RELATED COSTS $ 1,039,126 $ 1,287,158 $ 1,245,718 $ 1,352,586 $ 1,423,615 LICENSE FEES $ 2,033,147 $ 2,190,919 $ 1,925,058 $ 2,190,125 $ 2,186,150 COMPUTER EXPENSES $ 85,732 $ 65,000 $ 63,000 $ 65,000 $ 69,550 TICKET SURCHARGE $ 362,339 $ 313,770 $ 214,479 $ 199,635 $ 243,394 LICENSES & PERMITS $ 20,528 $ 17,800 $ 20,000 $ 20,000 $ 20,000 CONCESSIONS $ 1,069,463 $ 1,029,154 $ 840,322 $ 879,585 $ 874,469 MARKETING & ADVERTISING $ 129,129 $ 122,025 $ 94,000 $ 131,000 $ 131,000 PARKING $ 459,721 $ 421,672 $ 347,252 $ 218,045 $ 408,877 MAINT & SUPPLIES FIELDS & BUILDING $ 225,381 $ 200,000 $ 217,700 $ 225,500 $ 232,500 TOTAL COLLEGE FOOTBALL $ 3,924,670 $ 3,955,515 $ 3,327,111 $ 3,487,390 $ 3,712,890 MAINT - CONTRACTUAL $ 1,025,177 $ 1,116,840 $ 1,113,500 $ 1,116,840 $ 1,123,500 INSURANCE/BONDING $ 503,097 $ 514,179 $ 537,852 $ 594,083 $ 632,995 CONCERTS & MOTORSPORTS EVENT - BUCCANEERS $ 2,521,124 $ 2,428,160 $ 1,500,484 $ 3,027,668 $ 2,788,610 LICENSE FEES $ 791,180 $ 3,934,287 $ 529,418 $ 1,515,811 $ 3,930,314 EVENT - DIRECT COSTS $ 3,484,770 $ 9,375,258 $ 3,295,064 $ 3,955,257 $ 7,286,427 TICKET SURCHARGE $ 266,660 $ 294,124 $ 189,937 $ 367,412 $ 223,122 EVENT - OTHER COSTS $ 34,979 $ 0 $ 0 $ 0 $ 0 CONCESSIONS $ 623,033 $ 807,265 $ 629,140 $ 1,337,918 $ 726,779 EVENT - OFFSITE PARKING $ 44,434 $ 98,900 $ 152,600 $ 239,570 $ 208,020 PARKING $ 333,064 $ 401,530 $ 348,533 $ 449,505 $ 540,431 PROFESSIONAL SERVICES $ 341,251 $ 500,000 $ 312,300 $ 501,000 $ 365,800 TOTAL CONCERTS & MOTORSPORTS $ 2,013,936 $ 5,437,206 $ 1,697,028 $ 3,670,646 $ 5,420,646 HCAA & CONDO RENTS $ 269,447 $ 269,447 $ 269,447 $ 269,447 $ 269,447 REAL ESTATE TAXES $ 431,930 $ 465,238 $ 467,241 $ 487,463 $ 504,335 EXCESS REVENUE OVER $2,000,000 $ 2,050,575 $ 739,162 $ 827,731 $ 101,098 $ 1,389,078 BUCS INTANGIBLE TAX PAYMENT $ 0 $ 0 $ 0 $ 0 $ 0 BUCS AD VALOREM/TANGIBLE TAX $ 114,559 $ 114,559 $ 126,756 $ 126,756 $ 126,756 BUCS AD VALOREM/TANGIBLE TAX PAYMENT $ 114,559 $ 114,559 $ 126,756 $ 126,756 $ 126,756 NYY AD VALOREM TAX PAYMENT $ 56,319 $ 56,319 $ 60,671 $ 60,671 $ 60,671 NYY AD VALOREM TAX PAYMENT $ 56,319 $ 56,319 $ 60,671 $ 60,671 $ 60,671 SUPPLIES, POSTAGE & SHIPPING $ 49,720 $ 52,000 $ 52,250 $ 52,000 $ 53,500 $ 170,877 $ 170,877 $ 187,427 $ 187,427 $ 187,427 UTILITIES & TELEPHONE $ 446,322 $ 579,391 $ 620,000 $ 647,628 $ 664,131 OTHER TRAINING & EDUCATION $ 30,108 $ 73,175 $ 24,500 $ 39,875 $ 58,500 LICENSE FEES $ 1,034,735 $ 2,710,276 $ 1,217,261 $ 974,030 $ 1,016,649 PENSION & EXPENSES $ 729,230 $ 0 $ 0 $ 0 $ 0 TICKET SURCHARGE $ 141,028 $ 251,170 $ 43,883 $ 1,040 $ 1,240 MISCELLANEOUS OTHER $ 43,629 $ 47,700 $ 120,000 $ 105,500 $ 65,500 CONCESSIONS $ 350,761 $ 1,015,007 $ 255,580 $ 120,766 $ 138,724 DEPRECIATION $ 304,685 $ 318,000 $ 307,500 $ 304,800 $ 304,800 PARKING $ 192,404 $ 389,194 $ 96,183 $ 36,816 $ 37,290 TOTAL OPERATING EXPENSES $ 13,883,174 $ 19,630,582 $ 12,527,175 $ 15,250,003 $ 18,426,809 PARKING - OFFSITE $ 142,272 $ 266,874 $ 169,000 $ 296,083 $ 248,795 RENT $ 362,632 $ 363,626 $ 369,425 $ 375,342 $ 379,866 MISCELLANEOUS/OTHER $ 126,729 $ 115,000 $ 60,000 $ 100,000 $ 105,000 TOTAL OTHER $ 2,350,562 $ 5,111,147 $ 2,211,332 $ 1,904,077 $ 1,927,564

15 16 STATEMENT OF REVENUE & CAPITAL PROJECTS EXPENSES FY 2020 FY 2019 FY 2020 FY 2020 FY 2021 FY 2022 ACTUAL BUDGET FORECAST PROPOSED PROPOSED NON-OPERATING REVENUES (EXPENSES) COMPLETE FIELD RENOVATION CONTRIBUTED OPERATING REVENUE $ 1,393,080 $ 0 $ 13,570,598 $ 0 $ 0 THE FIELD RENOVATION PROJECT CONSISTED TSA RESERVE REVENUE $ 0 $ 0 $ 0 $ 0 $ 0 OF VIDEOING AND FLUSHING THE SUB- INVESTMENT INCOME $ 351,639 $ 37,780 $ 107,700 $ 37,540 $ 37,780 SURFACE DRAINAGE SYSTEM TO ASSURE IT BOND GRANTS AND CONTRIBUTIONS $ 15,730,643 $ 15,545,000 $ 15,550,125 $ 15,519,900 $ 15,508,400 WAS FUNCTIONING PROPERLY, REMOVING PRACTICE FACILITY CONTRIBUTION $ 0 $ 0 $ 0 $ 0 $ 0 THE TOP 9” OF HIGHLY ORGANIC SOILS AMORTIZATION OF BOND ISSUE COSTS $ 0 $ 0 $ 0 $ 0 $ 0 (300,000 TONS) AND REPLACING WITH (150,000 TONS) OF USGA SAND, FOLLOWED AMORTIZATION OF LEASEHOLD INTEREST $ (18,567,552) $ (29,384,203) $ (24,240,323) $ (29,974,203) $ (28,777,372) BY THOROUGHLY MIXING TO CREATE A USGA FORGIVENESS OF DEBT $ 0 $ 0 $ 0 $ 0 $ 0 SPECIFIED ROOT ZONE THAT WILL PERCOLATE INTEREST EXPENSE AND AMORTIZATION OF BOND $ (3,705,656) $ (3,214,017) $ (3,698,717) $ (2,747,535) $ (2,279,929) AT RATE OF 12”/HOUR. IN ADDITION, PRIOR GAIN (LOSS) ON DISPOSAL OF ASSETS $ 1,881 $ 0 $ 1,000 $ 1,000 $ 1,000 TO SOD INSTALLATION, THE ENTIRE FIELD CAPITAL GRANTS AND CONTRIBUTIONS $ 0 $ 0 $ 0 $ 0 $ 0 WAS LASER GRADED TO ESTABLISHED A 1” TOTAL NON-OPERATING REVENUES (EXPENSES) $ (4,795,966) $ (17,015,441) $ 1,290,383 $ (17,163,298) $ (15,510,120) CROWN IN ORDER TO ENHANCE SURFACE RUN-OFF. EXCESS REVENUES OVER EXPENSES $ (7,298,485) $ (20,096,292) $ (1,062,961) $ (21,057,764) $ (18,856,384)

RECONCILIATION TO CASH BASIS SECURITY UPGRADES TOTAL NET OPERATING REVENUES $ 11,380,655 $ 16,549,730 $ 10,173,831 $ 11,355,537 $ 15,080,546 THESE INCLUDED ADDITIONAL SECURITY LESS: TOTAL OPERATING EXPENSES $ 13,883,174 $ 19,630,582 $ 12,527,175 $ 15,250,003 $ 18,426,809 CAMERAS FOR BOWL, MAIN GATES, CLUB ENTRANCES, ESCALATORS AND $ (2,502,519) $ (3,080,852) $ (2,353,344) $ (3,894,466) $ (3,346,263) RAMPS. ADDITIONAL SERVERS AND ADD: TOTAL UNRESTRICTED INVESTMENT INCOME $ 15,250 $ 3,240 $ 7,700 $ 3,000 $ 3,240 INFRASTRUCTURE FOR THE CCTV NETWORK $ (2,487,269) $ (3,077,612) $ (2,345,644) $ (3,891,466) $ (3,343,023) WERE ADDED TO INCREASE STORAGE AND RELIABILITY ALONG WITH IMPLEMENTING LESS: DEPRECIATION $ 304,685 $ 318,000 $ 307,500 $ 304,800 $ 304,800 ADDITIONAL CYBER SECURITY MEASURES LESS: NON-CASH PENSION EXPENSE $ 729,230 $ 0 $ 0 $ 0 $ 0 AND ADDED ADDITIONAL ACCESS CONTROL THROUGHOUT THE STADIUM. A VISITOR NET OPERATING (CASH BASIS) DEFICIT $ (1,453,354) $ (2,759,612) $ (2,038,144) $ (3,586,666) $ (3,038,223) MANAGEMENT SYSTEM WAS ALSO ADDED ADD: FUNDS CARRIED FORWARD * $ 1,668,532 $ 838,979 $ 838,979 $ 720,455 $ 1,065,791 AT EMPLOYEE AND VISITOR ENTRANCES. LESS: EVENT DEVELOPMENT FUND $ (250,000) $ $ $ $ $ (34,822) $ (1,920,633) $ (1,199,165) $ (2,866,211) $ (1,972,433) TOTAL SUBSIDIES/DONATED $ 1,393,080 $ 0 $ 13,570,598 $ 0 $ 0 CAPITAL RECEIVED FIELD LIGHTING UPGRADE LESS: COUNTY CAPITAL FUNDING $ $ $ (11,648,144) $ $ REPLACED 720 STADIUM FIELD LIGHTS LESS: BUCS DONATED CAPITAL $ (292,467) $ 0 $ 0 $ 0 $ 0 WITH STATE OF THE ART LED FIXTURES OPERATING SUBSIDY (SHOWN AS ZERO FOR BUDGET) $ 1,100,613 $ 0 $ 1,922,454 $ 0 $ 0 WITH DMX CONTROLS WHICH WILL PROVIDE INTELLIGENT COLOR CHANGING THEATRICAL FUNCTIONALITY. RAYMOND JAMES STADIUM NET GAIN (LOSS) $ 1,065,791 $ (1,920,633) $ 723,289 $ (2,866,211) $ (1,972,433) IS THE ONLY NFL STADIUM TO HAVE THIS FULL COLOR CHANGING THEATRICAL OPERATING SUBSIDY REQUEST $ 1,100,613 $ 1,920,633 $ 1,922,454 $ 2,866,211 $ 1,972,433 CAPABILITY. THE UPGRADED FIELD LIGHTS HILLSBOROUGH COUNTY $ 733,742 $ 1,280,422 $ 1,281,636 $ 1,910,808 $ 1,314,955 WILL PROVIDE A 46% REDUCTION IN CITY OF TAMPA $ 366,871 $ 640,211 $ 640,818 $ 955,404 $ 657,478 ELECTRICAL COSTS. *FY- 2020 OFFSET BY FY-2017 OPERATING SURPLUS, FY-2021 OFFSET BY FY-2018 OPERATING SURPLUS AND FY 2022 OFFSET BY FY-2019 OPERATING SURPLUS. 17 18 PROPOSED CAPITAL CAPITAL PROJECTS PROJECT BUDGET FY 2021 CAPITAL PROJECTS DESCRIPTION FY 2021 REPAIRS TO PORTIONS OF VERTICAL AND HORIZONTAL JOINT CAULKING AT PRECAST ARCHITECTURAL PANELS AND ARCHITECTURAL PANELS, PRECAST CONCRETE PANELS, CONTROL JOINTS AND $ 43,851 PRECAST CONCRETE CAULKING EXPANSION JOINTS EACH YEAR AS REQUIRED.

REPAIRS TO BUILDING CONCOURSE EXPANSION JOINTS, HORIZONTAL ENDZONE BUILDING EXPANSION JOINTS $ 12,000 EXPANSION JOINTS, AND BOWL PRECAST CONSTRUCTION JOINTS. TAMPA SPORTS AUTHORITY REPLACEMENT AND/OR PURCHASE OF OFFICE BASED COMPUTERS, PRINTERS, CAPITAL PROJECTS COMPUTERS SERVERS, AND SUPPORT PERIPHERALS PLUS SOFTWARE UPGRADES AND LICENSES $ 67,000 INCLUDING VENDOR LABOR TO INSTALL. FY 2020 FY 2021 FY 2022 REPAIR CONCRETE SLAB ON GRADE AT SERVICE LEVEL AT EXPANSION JOINTS AND CONCRETE FLATWORK REPAIR OTHER DAMAGED AREAS INCLUDING CONCRETE SIDEWALKS AROUND STADIUM $ 30,000 FORECAST PROPOSED PROPOSED PERIMETER. AVAILABLE CASH BALANCE $ 7,217,541 $ 1,564,429 $ 128,672 FIELD STAIR REPAIR REPAIR FIELD STAIRS ON AS NEEDED BASIS. $ 10,000 MAINTENANCE EQUIPMENT YEARLY PURCHASE AS REQUIRED OF MAINTENANCE AND FIELD EQUIPMENT. $ 67,000 ADD: INTEREST INCOME/REVENUE MASONRY INSPECT AND REPAIR PRECAST MASONRY UNIT WALLS. $ 20,000 COMMUNITY INVESTMENT TAX $ 750,000 $ 750,000 $ 750,000 OVERHEAD COILING DOORS REPAIR DOORS AT DOCKS AND ON SERVICE LEVEL EACH YEAR AS REQUIRED. $ 17,000 BOND PROCEEDS $ 0 $ 0 $ 0 RETRACTABLE BOWL SEATS IN PERFORM RUST REMEDIATION ON DECKING, SUPPORTS AND TRACKS, PAINT AS $ 40,000 STADIUM FUNDS PROCEEDS $ 0 $ 0 $ 0 SOUTH ENDZONE NEEDED. COUNTY SUBSIDY $ 11,648,144 $ 0 $ 0 SECURITY ENHANCEMENTS VARIOUS SECURITY UPGRADES EACH YEAR AS REQUIRED. $ 250,000 LEHMAN BROTHERS, INC. BANKRUPTCY CLAIM PAYMENT $ 0 $ 0 $ 0 REPLACE GLASS RAIL SYSTEM ON STAIR RAILS AND LANDINGS IN SEATING BOWL, STADIUM RAILS $ 592,000 REFINISH HANDRAILS. SUBTOTAL: FUNDS AVAILABLE FOR CAPITAL PROJECTS $ 19,615,685 $ 2,314,429 $ 878,672 STADIUM SEATING (PHASE 2) ADDRESS FADED FRONT EDGES ON RED SEAT BOTTOMS. $ 29,000 STRUCTURAL PRECAST AND PERFORM RECOMMENDED REPAIRS PER 2017 WALTER P MOORE ENGINEERS REPORT: LESS: COMPLETED AND PROJECTED PROJECTS $ (3,717,281) $ (2,185,757) $ (1,492,526) ESCALATOR STEEL INSPECTION REPAIR SPALLS, CRACKS, REPAIR GROUT AND INSPECT ESCALATOR STRUCTURAL $ 133,000 (PHASE 2) SUPPORT / REPLACE FLASHING AS NEEDED PER SCHINDLER ELEVATOR REPORT. VIDEOBOARD CONTROL ROOM EQUIPMENT REPLACEMENT PER DAKTRONICS LESS: BUCCANEERS PROJECTS $ (14,333,975) $ 0 $ 0 VIDEOBOARDS $ 25,906 AGREEMENT. EAST CLUB WINDOW REGLAZE WINDOW SEALS AND REPLACE 3 GLASS PANELS ON THE EAST CLUB $ 30,000 SUBTOTAL: FUNDS REMAINING $ 1,564,429 $ 128,672 $ 0 REFURBISHMENT WINDOWS UPGRADE CARD ACCESS CONTROL SYSTEM (C-CURE) TO CURRENT TECHNOLOGY. ACCESS CONTROL $ 75,000 ADD: REQUESTED SUBSIDY FOR CAPITAL BUCCANEERS PROJECTS $ (613,854) COMPLETE ACCESS CONTROL TO TELCOM CLOSETS, OFFICES AND WAREHOUSE. UPGRADE CCTV SYSTEM (VICTOR) TO CURRENT TECHNOLOGY, UPGRADE CCTV FIBER CCTV SYSTEM $ 80,000 TOTAL FUNDS REMAINING AS OF FISCAL YEAR END $ 1,564,429 $ 128,672 $ 0 INFRASTRUCTURE AND SWITCHES, UPGRADE VARIOUS EXISTING CAMERAS. FIRE SPRINKLER SYSTEM REBUILD FIRE PUMP MOTOR, PUMP AND CONTROL CABINET. $ 30,000 INTERIOR AND EXTERIOR UPGRADE EAST AND WEST UPPER CONCOURSE UP LIGHTS, LOCKER ROOMS, SERVICE $ 40,000 LIGHTING FIXTURES HALLWAYS AND MISC LIGHTS (ROOMS/ AREAS) THROUGHOUT THE FACILITY. PIPE HANGERS REPLACE EXPOSED CORRODED PIPE HANGERS AND SUPPORTS. $ 10,000 REPLACE AHU #1SE1, VAV #1SE1, UPGRADE AND REPLACE MISC EQUIPMENT AND BMS HVAC UPGRADES $ 146,000 CONTROLS THROUGHOUT THE FACILITY AS NEEDED. CHILLED WATER PUMPING REPAIR AND REFURBISH PIPING AND PIPING JOINTS. UPGRADE SECONDARY PUMP $ 15,000 SYSTEM VSD'S. INSULATION REPAIR AND REPLACE EACH YEAR AS REQUIRED. $ 19,000 DOMESTIC HOT WATER REPLACEMENT OF VARIOUS HOT WATER HEATERS WITHIN THE FACILITY. $ 13,000 MAIN HW BOILERS REFURBISH EXISTING MAIN HOT WATER BOILER TANKS IN QUADS "B" AND "D". $ 122,000 TREE REPLACEMENT/ REPLACEMENT OF DISEASED OR STRESSED PALM AND OAK TREES AS REQUIRED $ 24,000 LANDSCAPE CONTINGENCY PROJECTS UNFORESEEN PROJECTS $ 245,000 TOTAL TSA CAPITAL PROJECTS $ 2,185,757 19 20 PROPOSED CAPITAL PROJECTS PROJECTED CAPITAL COSTS FY 2022 OVERVIEW CAPITAL PROJECTS DESCRIPTION FY 2022 REPAIRS TO PORTIONS OF VERTICAL AND HORIZONTAL JOINT CAULKING AT PRECAST ARCHITECTURAL PANELS AND ARCHITECTURAL PANELS, PRECAST CONCRETE PANELS, CONTROL JOINTS AND $ 45,684 PRECAST CONCRETE CAULKING EXPANSION JOINTS EACH YEAR AS REQUIRED.

REPAIRS TO BUILDING CONCOURSE EXPANSION JOINTS, HORIZONTAL ENDZONE BUILDING EXPANSION JOINTS $ 12,000 EXPANSION JOINTS, AND BOWL PRECAST CONSTRUCTION JOINTS. PROJECTED CAPITAL COSTS OVERVIEW REPLACEMENT AND/OR PURCHASE OF OFFICE BASED COMPUTERS, PRINTERS, THROUGH 2028 COMPUTERS SERVERS, AND SUPPORT PERIPHERALS PLUS SOFTWARE UPGRADES AND LICENSES $ 70,000 INCLUDING VENDOR LABOR TO INSTALL.

CONCOURSE RESTROOM FLOORS REPAINT ENDZONE, UPPER AND LOWER RESTROOM CONCOURSE FLOORS. $ 70,000 2020-2024 2025-2028 TOTAL

CONCRETE SEALING APPLY CONCRETE WATER REPELLANT TO BOWL $ 125,000 PROJECTED CAPITAL COSTS $ (23,739,280) $ (3,735,807) $ (27,475,087)

MAINTENANCE EQUIPMENT YEARLY PURCHASE AS REQUIRED OF MAINTENANCE AND FIELD EQUIPMENT. $ 68,000 COMMUNITY INVESTMENT TAX $ 2,750,000 $ 0 $ 2,750,000 MASONRY INSPECT AND REPAIR PRECAST MASONRY UNIT WALLS. $ 25,000 BOND PROCEEDS OVERHEAD COILING DOORS REPAIR DOORS AT DOCKS AND ON SERVICE LEVEL EACH YEAR AS REQUIRED. $ 17,000

SECURITY ENHANCEMENTS VARIOUS SECURITY UPGRADES EACH YEAR AS REQUIRED. $ 100,000 STADIUM FUNDS PROCEEDS $ 0 $ 0 $ -0

STADIUM SEATING (PHASE 2) ADDRESS FADED FRONT EDGES ON RED SEAT BOTTOMS. $ 30,000 COUNTY SUBSIDY $ 11,648,144 VIDEOBOARD CONTROL ROOM EQUIPMENT REPLACEMENT PER DAKTRONICS VIDEOBOARDS $ 25,906 AGREEMENT.

INTERIOR AND EXTERIOR LEHMAN BROTHERS BANKRUPTCY CLAIM PAYMENT $ 0 $ 0 $ 0 MISC ROOMS THROUGHOUT THE FACILITY. $ 44,000 LIGHTING FIXTURES

HVAC UPGRADES REPLACE MISC EQUIPMENT AND BMS CONTROLS THROUGHOUT THE FACILITY $ 63,000 INTEREST $ 0 $ 0 $ 0

INSULATION REPAIR AND REPLACE EACH YEAR AS REQUIRED. $ 19,000 FUNDS CARRIED FORWARD $ 7,217,541 $ 0 $ 7,217,541 PAVING (NORTH PARKING DRIVE REPAVE ALL DRIVE LANES IN THE NORTH PARKING LOTS. $ 210,000 LANES) PAVING (SOUTH PARKING DRIVE TOTAL UNFUNDED $(2,123,595) $(3,735,807) $(5,859,402) REPAVE ALL DRIVE LANES IN THE SOUTH PARKING LOTS. $ 283,000 LANES) TREE REPLACEMENT/ REPLACEMENT OF DISEASED OR STRESSED PALM AND OAK TREES AS REQUIRED $ 39,936 LANDSCAPE

CONTINGENCY PROJECTS UNFORESEEN PROJECTS $ 245,000

TOTAL TSA CAPITAL PROJECTS $ 1,492,526

21 22 HILLSBOROUGH COUNTY DEBT SERVICE COMMUNITY INVESTMENT TAX REQUIREMENTS

COMMUNITY INVESTMENT TAX (CIT) LONG-TERM DEBT: DISTRIBUTION SCHEDULE (FY-2019) DEBT SERVICE PAYMENTS FOR FY-2021 PRINCIPAL ANNUAL DEBT PUBLIC SAFETY, ROADS, INFRASTRUCTURE NEEDS INTEREST PAYMENTS PAYMENT % OF TOTAL STEINBRENNER FIELD HILLSBOROUGH COUNTY BOCC $ 65,842,361 $13,590,000 FLORIDA STATE SALES TAX PAYMENTS $ 446,395 $ 540,000 $ 986,395 REVENUE BONDS, SERIES 2017 CITY OF TAMPA $ 19,894,364

CITY OF PLANT CITY $ 2,045,182 SUBTOTAL $ 446,395 $ 540,000 $ 986,395

CITY OF TEMPLE TERRACE $ 1,410,489 AMALIE ARENA $28,790,000 SPECIAL PURPOSE BONDS, STATE OF $ 513,179 $ 1,480,000 $ 1,993,179 SUBTOTAL $ 89,192,395 68% FLORIDA SALES TAX PAYMENT, SERIES 1995 OTHER FUNDING RECIPIENTS $10,300,000 SPECIAL PURPOSE BONDS, CITY OF $ 232,958 $ 510,000 $ 742,958 HILLSBOROUGH COUNTY SCHOOLS $ 32,957,908 25% TAMPA GUARANTEED PARKING REVENUE, SERIES 1995

RAYMOND JAMES STADIUM $ 9,681,326 7% $2,815,000 SPECIAL PURPOSE BONDS, CITY OF $ 98,446 $ 150,000 $ 248,446 SUBTOTAL $ 42,639,234 TAMPA SURCHARGE LOAN REVENUE, SERIES 1995

SUBTOTAL $ 844,582 $ 2,140,000 $ 2,984,582 TOTAL CIT DISTRIBUTIONS $ 131,831,629 100% RAYMOND JAMES STADIUM $63,020,000 LOCAL OPTION SALES TAX REFUNDING $ 2,295,900 $ 6,470,000 $ 8,765,900 REVENUE BONDS, SERIES 2015

$19,240,000 FLORIDA SALES TAX PAYMENTS $ 382,000 $ 1,605,000 $ 1,987,000 REFUNDING REVENUE BONDS, SERIES 2015

SUBTOTAL $ 2,677,900 $ 8,075,000 $ 10,752,899

TOTAL DEBT SERVICE $ 3,968,876 $ 10,755,000 $ 14,723,875 PAYMENTS FY-2021 AND ROADS JAMES SAFETY COUNTY STADIUM SCHOOLS RAYMOND HILLSBOROUGH

RAYMOND JAMES STADIUM

SAFETY AND ROADS

HILLSBOROUGH COUNTY SCHOOLS

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