|
Elk River Ice Arena
<br />Revenue and Expenditure Summary
<br />For the Period Ending July 31, 2009 (unaudited)
<br /> 2009 2009 2008 2008 2007 2006
<br /> Budget YTD as of 07/31!08 Actual Actual Actual
<br />REVENUES
<br />Ice Rental 432,000 194,170 200,6?0 424,106 423,098 410,210
<br />Recreation Programs 154,700 79,384 87,751 139,706 154,808 135,471
<br />Admissions 33,000 12,695 12,918 23,354 30,407 42,556
<br />Sign Rental 18,500 (85) 2,600 17,293 12,352 15,792
<br />Dry Floor Events 15,000 9,336 4,7D2 9,034 10,933 12,002
<br />Concession Rent - - - - _ _
<br />Vending 22,000 7,139 9,268 17,212 19,151 25,407
<br />Skate Sharpening 4,500 2,628 2,324 4,980 4,594 3,916
<br />Building Rent 2,600 - - 2,600 2,600 5,200
<br />Other Mdse Sales/Misc. 2,000 912 939 2,238 1,664 1,996
<br />TOTAL 684,300 306,179. : 321,122 640,523 659,607 652,550
<br />EXPENDITURES
<br />Personal Service 272,900 145,642 136,878 253,447 244,201 233,878
<br />Other Operating Expenditures 261,800 117,839 142,089 268,189 256,696 236,768
<br />Vending Mdse for Resale 13,500 4,412 3,620 7,279 11,983 13,293
<br />Other Mdse for Resale 1,200 222 288 1,577 637 139
<br />Recreation Programs 64,600 29,842 34011 55,132 60,330 51,169
<br />TOTAL 614,000 297 957 318 B87 585 624 573,847 535,247
<br />CONCESSIONS
<br />Sales 73,000 31,546 35,285 66,500 71,934 71,805
<br />Less: Product & Supplies 27,700 12,800 13,894 31,544 28,904 28,395
<br />Salaries 22,500 7,501 13458 24430 19,811 20,907
<br />Net Profit 22,800 11,245 7,833 10,526 23,219 22,503
<br />OPERATING INCOME (LOSS) 93,100 19,467 12168 65,425 108,979 139,806
<br />Capital Outlay 100,000 - - 100,202 - -
<br />Building Debt* 198,500 24,225 29,357 201,715 199,410 201,820
<br />NET INCOME (LOSS) (205,400) (4,758) (6,1 ) (236,492) (90,431) (62,014)
<br />Other Income
<br />Contributions/Rebates - 3,443 4,277 7,368 9,519 15,436
<br />Admission Surcharge - - - - - _
<br />Transfers In
<br />Capital Outlay -Liquor Fund 100,000 - - 100,202 9,500 -
<br />Eliminate Deficit (General Fund) 105,400 - - 136,290 79,931 57,514
<br />Building Project - - - _
<br />Change in Fund Balance - (1,315). (ti,912~ 7,368 8,519 10,936
<br />8/6/2009
<br />
|