3.1 ICESR 05-31-2018 - Laserfiche WebLink

Home Browse Search

Elk River Operations Analysis ackg_roand, , .,_ The operations analysis represents a conservative approach to estimating expenses and revenues and was completed based on the best information available and a basic understanding of the project. Fees and charges utilized for this study reflect a philosophy designed to meet a reasonable cost recovery rate and future operations cost and are subject to review, change, and approval by the City. There is no guarantee that the expense and revenue projections outlined in the operations analysis will be met as there are many variables that affect such estimates that either cannot be accurately measured or are subject to change during the actual budgetary process or partnership. Expenditures Expenditures have been formulated on the costs that were designated by staff and Ballard*King and Associates to be included in the operating budget for the facility. The figures are based on the size of the center, the specific components of the facility, and the hours of operation. All expenses were calculated to the high side and the actual cost may be less based on the final design, operational philosophy, and programming considerations adopted by the City. The consulting team was tasked with exploring three different operating models that included a different mix of components. The Community Center includes two sheets of ice, community rooms and community programming. The Multi-purpose option includes two sheets of ice, an indoor turf field, leased space and community room. The Ice Arena option includes a two -sheet ice facility, concession area and upgraded locker room facilities. ategory Comm.Center Multi -Purpose _ ,Ice Arena Personnel Full-time Part-time Total $250,599 $316,493 $567,092 $250,599 $155,520 $406,119 $250,599 $132,284 $382,883 Cate o Comm Center Multi-PuKpose Ice Arena Utilities $228,750 $338,950 $ 210,000 (gas & elect) Telephone $ 3,500 $ 3,950 $ 3,500