3.1 MPFAMIN 12-12-2022 - Laserfiche WebLink

Home Browse Search

Multipurpose Facility Advisory CommissionPage 2 11/14/2022 ----------------------------- The $830,000 ice revenue figure includes the approved ice contract figures (acct #3464). The admissions figures represent high school game and sectional game tickets (acct #3465). The fieldhouse rental figures (acct #3475) were brought down to more feasible numbers, from $300,000 to $150,000. The meeting room revenue (acct #)3475 was brought down to more feasible numbers from $250,000 to $25,000. On the marketing line, (acct #4349) we added $10,000 to be able to advertise the building. In the equipment section (acct #4560) the figure represents a capital improvement item (new Zamboni) that was previously approved by the City Council in the CIP process. The current Zamboni that we have is 13 years old and typically we would replace after 10 years. We ordered the new machine in August of 2022, but we did not need to put down a deposit. The naming rights figures (acct #3485) represents our current sponsors. The V.F.W. who had previously expressed interest in purchasing naming rights for the fieldhouse will not be doing so. Commissioner Matt Westgaard asks what percentage of ice we currently selling. Facility Superintendent Tim Dalton estimates we are booking a very high percentage of sellable regular season ice. Commissioner Matt Westgaard asks if there is $250,000 worth of potential for the meeting rooms and $300,000 worth of potential revenue in the fieldhouse. Dalton believes the former $250,000 budget figure was established at a 65% capacity rate, which could be possible to achieve in the future, but not for 2023. Dalton noted when factoring in concessions figures and programming figures, the budget currently presented shows a $167,000 deficit. Chair David Williams requests monthly gross, monthly net, paper product cost, labor cost and food costs for concessions when they get up and running to be sure we are really looking at the entire picture when it comes to revenue and costs from the concession stand. Commissioner Cunningham also suggests knowing the percentage of practices vs games that the concession stand will be open considering in the old facility it was open all of the time regardless of what was happening in the building. He also asked if there was another fund within the city that could help offset the cost of the new Zamboni.