Agenda - 06-03-2010 - 1 - Laserfiche WebLink

Browse Search

---�------- --- -- ----------- - --- ---------- ----- ----- ' 4ra n e �ou nt S orts lex yp p r us Last Year C u r re nt Yea r ve s 2009/2010 Proi zoos�zoo9 Comments on Proiected Results Versus Last Xear Revenues Ice Rink 925,000.00 1,069,744.00 Decrease due to Sept.rink shutdown for subfloor repair Aquatic 196,000.00 205,400.00 Decrease due to 7uly shutdown for pool resurfacing and Virginia Graeme Baker compliance upgrade Kidsplex 362,000.00 438,807.00 Poor economy resulted in parent layoffs which impacted After School.Construction impact on Summer Cainp Membership and Fimess G50,o00.00 560,946.00 Membership increase due to Facility Upgrade and aggressive marketing Other Income 135,000.00 165,217.00 Loss in Concessions and Birthday revenue during rink and pool shutdowns � � Tota]Revenues 2,268,000.00 2,440,114.00 Expenses Credit Card Fees 40,000.00 44,158.00 Concession&Camp Food 66,000.00 72,514.00 Payroll&Benefits 990,000.00 971,523.00 $70K conversion of fimess contractors to employees+$20K higher BCBS offset by$70I{payroll reduction Contractors 284,500.00 354,508.00 Conversion of fimess trainers from conh•actors to employees GeneralInsurance 30,000.00 30,314.00 7nsurance Works Comp 21,600.00 28,354.00 Reduction after experience audit Maint.&Repair Bldg/Equip. 122,000.00 13G,228.00 Less major projects versus last year's renovation items Admin.&Operating Costs 131,800.00 165,890.00 Aggressive cost cutting due to econon�ic slowdown and reduced revenues Outside Services&Leases 47,300.00 39,331.00 Timing of OPT billings/payments for after school drop off Management Fees 139,800.00 136,005.00 Utilities 279,500.00 348,164.00 Lower LP Gas rates.Energy conservation practices in rink.Rink Shut down for one month. Total Expenses 2,152,500.00 2,326,989.00 Net Contribution 115,500.00 113.125.00 Modest growth despite loss of$120K revenue due to RinWPool shutdowns