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Elk River Ice Arena
<br /> Revenue and Expenditure Summary
<br /> For the Period Ending December 31,2011
<br /> 2013 2012 2011 2010 2009
<br /> Requested Budget Actual Actual Actual
<br /> REVENUES
<br /> Ice Rental 493,000 488,000 493,698 478,393 437,098
<br /> Recreation Programs** 94,800 95,800 89,346 94,688 119,288
<br /> Admissions 25,500 22,900 25,630 22,573 18,530
<br /> Sign Rental 18,000 17,500 18,086 18,002 16,688
<br /> Dry Floor Events 19,500 17,400 19,518 17,442 16,038
<br /> Vending 11,800 14,000 11,796 13,012 14,215
<br /> Skate Sharpening 4,300 4,300 4,223 4,372 4,767
<br /> Building Rent 2,600 2,600 2,600 2,600 2,600
<br /> Other Mdse Sales/Misc. 3,050 2,900 2,849 2,027 1,666
<br /> TOTAL 672,550 665,400 667,746 653,109 630,890
<br /> EXPENDITURES
<br /> Personal Service 287,500 294,450 265,932 266,627 267,992
<br /> Other Operating Expenditures 235,450 220,000 232,895 235,281 240,001
<br /> Vending Mdse for Resale 7,000 8,000 6,098 6,958 6,222
<br /> Other Mdse for Resale 900 600 840 237 1,335
<br /> Recreation Programs 48,850 53,750 34,121 40,037 47,669
<br /> TOTAL 579,700 576,800 539,886 549,140 563,219
<br /> CONCESSIONS
<br /> Sales 78,000 69,000 77,768 69,132 59,510
<br /> Less: Product&Supplies 26,900 24,450 32,990 31,988 25,019
<br /> Salaries 23,100 22,700 20,084 17,655 16,225
<br /> Net Profit 28,000 21,850 24,694 19,489 18,266
<br /> OPERATING INCOME(LOSS) 120,850 110,450 152,554 123,458 85,937
<br /> Capital Outlay 357,300 20,500 42,143 - -
<br /> Building Debt' - - 200,780 199,900 198,450
<br /> NET INCOME(LOSS) (236,450) 89,950 (90,369) (76,442) (112,513)
<br /> Other Income
<br /> Contributions/Rebates 7,300 - 7,012 6,743 4,731
<br /> Grant Contribution - - - (39,417) -
<br /> Transfers In
<br /> Capital Outlay-Liquor Fund 139,200 - - - 6,961
<br /> General Fund - - 90,369 76,442 105,552
<br /> Beginning Fund Balance 89,950
<br /> Change/Ending in Fund Balance - 89,950 7,012 (32,674) 4,731
<br /> Cash balance of surcharge 13,755 $ 6,743 $ 39,417
<br /> =building debt paid on 12/01/2011
<br /> `=Recreation program revenues includes Hockey and Skating programs
<br /> 8/20/2012
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