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Elk River Ice Arena
<br />Revenue and Expenditure Summary
<br />For the Period Ending December 31, 2008
<br /> 2009 2008 2008 2007 2006 2005 2004
<br /> Budget Budget Actual Actual Actual Actual Actual t
<br />REVENUES
<br />Ice Rental 432,000 420,000 424,106 423,098 410,210 403,503 376,127
<br />Recreation Programs 154,700 139,000. 139,708 154,808 135,471 108,771 106,089
<br />Admissions 33,000 32,500 23,354 30,407 42,556 41,018 47,270
<br />Sign Rental 18,500 18,500 17,293 12,352 15,792 19,664 17,572
<br />Dry Floor Events 15,000 14,000 9,034 10,933 12,002 13,662 12,339
<br />Concession Rent - - - - - 10,750 21,500
<br />Vending 22,000 30,000 17,212 19,151 25,407 29,935 29,370
<br />Skate Sharpening 4,500 4,000. 4,880 4,594 3,916 3,847 3,939
<br />Building Rent 2,600 2,600 2,600 2,600 5,200 - -
<br />Other Mdse Sales/Misc. 2,000 3 000 2 238 t 664 1,996 2,190 3,709
<br />TOTAL 684,300 663,800 840,523 659,607 652,550 633 339 617 914
<br />EXPENDITURES
<br />Personal Service 272,900 279,150 253,447 244,201 233,878 221,771 200,721
<br />Other Operating Expenditures 261,800 265,900 288,189 256,696 236,768 219,338 218,030
<br />Vending Mdse for Resale 13,500 15,500. 7,279 11,983 13,293 12,682 14,852
<br />Other Mdse for Resale 1,200 1,200 1,577 637 139 808 1,101
<br />Recreation Programs 64,600 59,550: 55,132 60,330 51,169 39 370 40 667
<br />TOTAL 614,000 621,300: 585,624 573,847 535 247 493 970 475 371
<br />CONCESSIONS
<br />Sales 73,000 78,000. 86,500 71,934 71,805 27,101 -
<br />Less: Product & Supplies 27,700 30,750 31,544 28,904 28,395 23,749 -
<br />Salaries 22500 22500 24430 19,811 20,907 8,696 -
<br />Net Profit 22,800 24,750 1Q528 23,219 22,503 (5,344)
<br />OPERATING INCOME (LOSS) 93 100 67 050. 65 425 108,979 139,806 134,024 142,542
<br />Capital Outlay 100,000 100,000 100,202 - - 70,290 447,630
<br />Building Debt' 198,500 201,700 201,715 199,410 201,820 198,660 200,215
<br />NET INCOME (LOSS) (205,400) (234,850). (238,492) (90,431) (62,014) (134,925) (505,303)
<br />Other Income
<br />Interest Income - - - - _
<br />Sale of Fixed Assets - - - - - -
<br />Contributions/Rebates - - 7,368 9,519 15,436 1,400 11,000
<br />Admission Surcharge - - - - - 8,384 9,098
<br />Transfers In
<br />Capital Outlay 100,000 100,000 100,202 9,500 - 66,703 -
<br />Eliminate Deficit (General Fund} 105,400 134,850 138,290 79,931 57,514 66,302 39,260
<br />Building Project - - - - - 464,537
<br />Change in Fund Balance 7,368 8,519 10 936 7 863 18 592
<br />4/912009
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