Orange County NC Website
Browse       Search
10 <br />ORANGE COUNTY Orange County SPORTSPLEx Attachment C <br />•l <br />Sportsplex: Situation Analysis <br />I <br />Under RFP management, the Sportsplex has grown revenues 75% over 6.5 <br />years...... sustainable annual growth of 10 %. <br />Annual operating costs have been controlled at the same levels they were at the <br />contract inception in 2005. RFP has a proven record of leveraging its staff and <br />management to support significant growth. <br />Over the contract term Sportsplex financial performance has improved from annual <br />losses of ($800,000) prior to RFP, to consistent annual net operating results of <br />$400,000. A $1,200,000 improvement! <br />Sportsplex currently has a $1,100,000 Fund Balance <br />But..... Because of growth we lack space for rapidly growing programs for children, <br />adults and senior. <br />RFP can meet growth needs and achieve similar incremental financial results <br />through a four stage physical expansion of the existing Sportsplex facility. <br />