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

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. • , , _--------- _..------------- -------- �---- ----._ - --- ----�.- � erationa I H i h I i hts p J J w •Pool shutdown for resurfacing and ice rink closure to repair subfloor had a major negative impact on Current Year results, with each of these departments losing at least a month of revenues. Although some variable expenses were reduced, the combination of lost revenue and fixed costs resulted in a net negative impact of approxiinately $80K. �However, since January 2010, monthly results have significantly exceeded budget and the prior year. Full year results will therefore more than overcome this $80K loss from the pool/rink closures and result in a full year $ 115K positive bottom line ( before interest and depreciation).