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8.1 sr Approve 2023-2024 FT Center Budget
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8.1 sr Approve 2023-2024 FT Center Budget
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10/6/2023 5:22:32 PM
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City Government
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10/9/2023
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<br />Performance Measures & Goals for 2024 <br />Division:FT Center <br />Completed by:Tim Dalton <br />Date:May 25, 2023 <br />Performance Measure2020 Actual2021 Actual2022 Actual2023 Estimated*2023 YTD 2024 Projected <br />Ice Hours: <br /> Hours Sold 1,1042,6803,3673,6001,5474,000 <br /> Total Hours Utilized2,8013,7614,4694,5001,8314,800 <br />Turf Hours: <br /> Hours Sold2124358321,0004261,200 <br /> Total Hours Utilized2128221,6441,8001,0352,000 <br />Meeting Room Hours: <br /> Hours Sold0157273300118375 <br /> Total Hours Utilized1531,5132,7952,9001,0853,000 <br />*(1/1/23 -5/24/23) <br />Division GoalGoal Objective/Task <br />Work with Communications Division to develop and implement marketing that showcases the features of <br />Market the facility as a destination <br />the facility. Develop and attract non-ice events. <br />Increase room and event rentalsFacilitate Marking Strategy that will drive customers to rent space and book large events on the FT Center <br />Increase facility revenueIdentify specific programs and revenue streams to increase participation and customer base of the facility. <br />Increase current programming participation and revenues. Develop new facility programing opportunities <br />Increase facility programingto increase facility usership and promote exposure of the facility amenities to our community and increase <br />revenue. <br />Evaluate the needs of the facility for maintenance protocols and establish staffing levels that will support <br />Update facility maintenance plan <br />facility mission and goals. <br />Opportunities for additional ice sales during the ice season (Sept-March) are very limited, with both sheets <br />of ice generally fully scheduled (M-F 2:30pm -11pm and Sat-Sun 7am-11pm) Due to this saturation, we <br />look to increase offseason ice sales opportunities, i.e. Off season training programs, Minnesota Hockey <br />Increase off-season ice salesregional programing, added AAA Hockey programs, tourney's and practices, Junior and College <br />development/exposure events, and adding inhouse ice programming opportunities such as our profitable <br />Breakaway Hockey League, other types of new inhouse league programing, and expanding our inhouse <br />learn to skate programing. <br />
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