Laserfiche WebLink
Request for Action <br /> <br /> <br />To Item Number <br />Ice Arena Commission 7. <br />Agenda Section Meeting Date Prepared by <br />Financial Update August 15, 2017 Rich Czech, Arena Manager <br />Item Description Reviewed by <br />Financial Update Cal Portner, City Administrator <br />Reviewed by <br /> <br /> <br />Action Requested <br />Review Arena financial information. <br /> <br />Background/Discussion <br />Ice rentals are on target to meet the budget revenue and could possibly be over budget depending on late <br />summer and fall sales. <br /> <br />The recreation program budget is over budget due to Break Away Hockey league fees being collected but <br />not distributed to other arenas. <br /> <br />If construction on the Arena begins in 2018, the budget will be greatly affected and will have to be <br />revisited once the construction schedule is decided. <br /> <br /> <br />Financial Impact <br />N/A <br /> <br />Attachments <br /> Arena Revenue and Expenditure Summary <br /> <br /> <br />