|
Elk River Ice Arena
<br />Revenue and Expenditure Summary
<br />For the Period Ending December 31, 2009
<br />2010 2009 2008 2007 2006
<br />Budget Actual Actual Actual Actual
<br />REVENUES
<br />Ice Rental 449,800 401,646 424,106 423,098 410,210
<br />Recreation Programs 135,650 119,288 139,706 154,808 135,471
<br />Admissions 22,550 18,530 23,354 30,407 42,556
<br />Sign Rental 17,000 16,688 17,293 12,352 15,792
<br />Dry Floor Events 12.000 16.038 9,034 10,933 12,002
<br />Concession Rent - - - - -
<br />Vending 18,700 14,215 17,212 19,151 25,407
<br />Skate Sharpening 4,800 4,767 4,980 4,594 3,916
<br />Building Rent 2,600 2,600 2,600 2,600 5,200
<br />Other Mdse Sales/Misc. 2.000 1,666 2,238 1,664 1,996
<br />TOTAL 665.100 595.438 640.523 659.607 652.550
<br />EXPENDITURES
<br />Personal Service 273.600 267,992 253,447 244,201 233,878
<br />Other Operating Expenditures 261,500 240,001 268,189 256,696 236,768
<br />Vending Mdse for Resale 9,000 6,222 7,279 11,983 13,293
<br />Other Mdse for Resale 900 1,335 1,577 637 139
<br />Recreation Programs 63.700 47,669 55,132 60,330 51,169
<br />TOTAL 608.700 563,219 585.624 573,847 535.247
<br />
<br />CONCESSIONS
<br />Sales 67,750 59.510 66,500 71,934 71,805
<br />Less: Product & Supplies 28,150 25.019 31,544 28,904 28,395
<br />Salaries 22,700 16,225 24,430 19,811 20,907
<br />Net Profit 16.900 18.266 10,526 23,219 22,503
<br />
<br />OPERATING INCOME (LOSS) 73,300 50,485 65,425 108,979 139,806
<br />
<br />Capital Outlay - - 100,202 - -
<br />Building Debt* 199,900 198,450 201,715 199,410 201,820
<br />
<br />NET INCOME (LOSS) (126.600) (147,965) (236,492) (90,431) (62,014)
<br />
<br />Other Income
<br />Contributions/Rebates - 4,731 7,368 9,519 15,436
<br />Admission Surcharge - - - - -
<br />Transfers In
<br />Capital Outlay -Liquor Fund - 6,961 100,202 9,500 -
<br />General Fund 126,600 141,OD3 136,290 79,931 57,514
<br />Building Project - - - -
<br />
<br />Change in Fund Balance - 4,730 7,368 8,519 10,936
<br />* =building debt matures on 12/01/2013
<br />03/26/2010
<br />
|