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Fund: liquor <br />_--- Department: Liquor <br />- <br />-- <br />Description of Services: The Liquor budget provides for the total operation of the Elk River <br />Municipal Liquor Stores as authorized by Minnesota State Law and the Elk River City Council. The <br />Municipal Liquor Stores also generate revenue for transfer to other City funds. <br />Goals for 2009 budget: <br />• Total sales of $6,200,000. <br />• Continue to use profits from liquor operations to finance visible and tan gible uses. <br />• Continue employee server training. <br />• Defeat any anti-municipal liquor legislative bills. <br />• Work toward paying off debt early on Westbound store in 2012. <br />Performance Measures: <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Staffin,> L_c°~ els: <br />2007 2008 2009 <br />Number of Employees (FTEs) 13 14 14 <br />Budget Summary: <br />The major changes in the budget for 2009 are outlined as follows: <br />• Additional transfer out of $100,000 for the Ice Arena roof replacement. <br />• Gross profit is budgeted to be 27.5% in 2009. <br />• Remodel restrooms, checkout, cashwrap and flooring at Northbound store. <br />• Other Services & Charges includes depreciation expense of $125,500. <br />• Increase transfer out to General Fund to $248,600. <br />• Additional transfer out to Park Improvement Fund of $92,750. <br /> 2007 Actual 2008 Estimate 2009 Pro'ccted <br />Annual Customer Count 267,797 270,000 272,000 <br />Sales er Customer $22.54 $22.67 $22.79 <br />Gross Profit on Sales 28.5% 27.5% 27.5% <br />Labor Cost as % of Sales 9.3% 9.6% 10% <br />of Sales 2007 2008 2009 <br />Li uor 31 % 31.5% 32% <br />Beer 46% 45% 45% <br />Wine 18% 19% 19% <br />Misc. 4.5% 4.5% 4% <br />