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Elk Riverlce Arena
<br />Revenue and Expenditure Summary
<br />For the Period Ending December 31, 2007
<br /> 2008 2007. 2007 2006 2005 2004
<br /> Budget Budget Actual Actual Actual Actual
<br />REVENUES
<br />Ice Rental 420,000 ' 418,400 423,098 410,210 403,503 376,127
<br />Recreation Programs 139,000: 133,000 154,808 135,471 108,771 106,089
<br />Admissions 32,500 32,500 30,407 42,556 41,018 47,270
<br />Sign Rental 18,500 18,500 12,352 15,792 19,664 17,572
<br />Dry Floor Events 14,000 16,000 10,933 12,002 13,662 12,339
<br />Concession Rent - - - - 10,750 21,500
<br />Vending 30,000 35,400 19,151 25,407 29,935 29,370
<br />Skate Sharpening 4,000 4,000 4,594 3,916 3,847 3,939
<br />Building Rent 2,600 2,600 2,600 5,200
<br />Other Mdse Sales/Misc. 3,000 3,000 1,664 1,996 2,190 3,709
<br />TOTAL 663,600 663 400. 659 607 652 550 633 339 617 914
<br />EXPENDITURES
<br />Personal Service 279,150 25$,750 244,201 233,878 221,771 200,721
<br />Other Operating Expenditures 265,900 257,450- 256,696 236,768 219,338 218,030
<br />Vending Mdse for Resale 15,500 15,500 11,983 13,293 12,682 14,852
<br />Other Mdse for Resale 1,200 2,400 637 139 808 1,101
<br />Recreation Programs 59,550 ' S9 650 60 330 51 169 39 370 40 667
<br />TOTAL 621,300 ' 593,750 573,847 535,247 493,970 475,371
<br />CONCESSIONS
<br />Sales 78,000 75,000 71,934 71,805 27,101
<br />Less: Product 8, Supplies 30,750 29.500 28,904 28,395 23,749
<br />Salaries 22,500 22,500 19,811 20,907 8,696
<br />Net Profit 24,750 23,000 23,219 22,503 (5,344)
<br />OPERATING INCOME (LOSS) 67,050 92,650 108,979 139,806 134,024 142,542
<br />Capital Outlay 100,000 - - - 70,290 447,630
<br />Building Debt 201,700 199,400 199,410 201,820 198,660 200,215
<br />NETINCOME(LOSS) (234,650). ..(.106,750) (90,431) (62,014) (134,925) (505,303)
<br />Other Income
<br />Interest Income - - - - -
<br />Sale of Fixed Assets - - - - -
<br />Contributions/Rebates - 9, 519 15,436 1,400 11, 000
<br />Admission Surcharge - - - - 8,384 9,098
<br />Transfers In
<br />Capital Outlay 100,000 - 9,500 - 66,703 -
<br />Eliminate Deficit (General Fund) 134,650 . ....706,750 79,931 57,514 66,302 39,260
<br />Building Project - - - 464,537
<br />Change in Fund Balance - 8,519 10,936 7,863 18,592
<br />2007 2006 2005 2004
<br />Revenues 659,607 652,550 633,339 617,914
<br />Expenses 573,847 535,247 493,970 475,371
<br />4/4/2008
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