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HomeMy WebLinkAboutDocumentation_Workshop_Tab 01_2/28/2022Agenda Item #1. Workshop STAFF MEMO Meeting: Workshop - Feb 28 2022 Staff Contact: Greg Corbitt, Director of Parks and Department: Parks and Rec Recreation Non -Resident Recreation Center Membership Fee Approval of Non -Resident Membership Fees. This document and any attachments may be reproduced upon request in an alternative format by completing our Accessibility Feedback Form, sending an e-mail to the Village Clerk or calling 561-768-0443. BUDGET INFORMATIQU BUDGETED AMOUNT: 0.00 AVAILABLE AMOUNT: 0.00 EXPENDITURE AMOUNT: 0.00 Additional Budgetary Information: Funding Source(s): 0.00 0.00 POTENTIAL MOTION / DIRECTION REQUESTED: Approve Agenda Item Recommendation ATTACHMENTS7 Copy of Copy of Projections 2.22.22 (002) Page 3 of 64 Agenda Item #1. Estimated Revenues and Expenditures Directly Tied to Recxreation Center 7 Month 12 Month Revenue Facility Rental Facility Rentals Subtotal Summer Camp Recreation Center Facility Rental Total Revenue Programs Recreation Center Program Fees Recreation Center Program Revenue Total Total Projected Revenue Recreation Center Expenditures Cleaning Services Communication Services Utility Services Insurance Maintenance Cost Computer Maintenance Event Advertising Other Obligations Licenses, Fees and Permits Program Expenses Office Supplies Recreation Center Estimated Expenditures Personel Cost (80% Total) Recreation Center Expenditure Annual Debt Service Total Expenditure Estimated Percent Recovery $9,280 13,150 $15,000.00 15,000 $24,280 28,150 $25,190.00 35,694 $25J90 35,694 $49,470 63,844 7 Months 12 month $131800 401000 $575 815 $111400 161154 $301000 421510 $141800 201972 $11200 11700 $31500 31500 $1.1000 114417 $21500 31543 $51000 51000 $1,400 1,984 $85,175 $137,594 $220,437 $378,160 $305,612 $515,754 $430,000 $945,754 7% Page 4 of 64 Agenda Item #1. This works out to estimated .6738 mills per household or $235 per year based on $350,000 home. Page 5 of 64 Agenda Iteths-Idd Revenues and Expenditures Directly Tied to Recxreation Center 7 Month 12 Month Revenue Facility Rental Facility Rentals Subtotal $9.,280 13,150 Summer Camp $15,000.00 15,000 Recreation Center Facility Rental Total $24,?280 28,150 Revenue Programs Recreation Center Program Fees $25,190.00 35,694 Recreation Center Program Revenue Total $25J90 35,694 Non -Resident Memberships Number Cost Annual Individual Daily (10 per day) 1300 $5 61500 Individual Weekly (3 per week) 156 $30 41680 Individual Monthly (5 per month) 60 $75 135 Individual 6 Month (2 per month) 24 $425 101200 Individual Annual (2 per month) 24 $800 191200 Family Daily (2 per day) 520 $15 71800 Family Weekly (2 per week) 104 $45 41680 Family Monthly (4 per month) 48 $110 51280 Family 6-Month (4 per quarter) 16 $625 101000 Family Annual (More than 1 per month) 15 $11000 151000 Membership Revenue Totals 7 Months Annually $48,666 83,475 Total Projected Revenue $98,136 147,319 Recreation Center Expenditures 7 Months 12 month Cleaning Services $13,800 40,000 Communication Services $575 815 Utility Services $11,,400 16,154 Insurance $30,000 42,510 Maintenance Cost $14,800 20,972 Computer Maintenance $1,.200 11700 Event Advertising $3,f5OO 31500 Other Obligations $1"000 1,417 Licenses, Fees and Permits $2,1500 31543 Program Expenses $5,,000 51000 Office Supplies $1,,400 11984 Recreation Center Estimated Expenditures (7 Months) $85,J75 $137,p594 Personel Cost (80% Total) (7 month) $220,,437 $378J60 Recreation Center Expenditure $305,F612 $515,p754 Annual Debt Service $430,,000 Total Recreation Center Expense $945,754 Page 6 of 64 EA99 ejefte1YiYerY 16% Page 7 of 64