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HomeMy WebLinkAboutKids Discovery Zone Financial AnalysisThe Zone Recreation Center Forecast Budget The Kid's Discovery Zone Forecast Budget Expenses (03456@@@)2016 2017 2018 2019 2020 Expenses (03457@@@)2018 2019 2020 Zone Program Expenses-see below 564$ 4,284$ 4,934$ 2,200$ 5,000$ Internet/Phone 279$ 626$ 617$ 800$ 700$ Internet/Phone 600$ 600$ Cleaning Supplies/Labor 24$ 32$ 32$ 100$ 100$ Cleaning Supplies/Labor Sales Tax Sales Tax 1,100$ 1,100$ Advertising 1,900$ 767$ 930$ 300$ 300$ Advertising 27$ 1,000$ 800$ Small Tools/Concessions Inventory 750$ 200$ 200$ Small Tools/Concessions Inventory 500$ 500$ Supplies 3,277$ 1,536$ 2,914$ 1,400$ 1,400$ Supplies 4,517$ 9,500$ 2,000$ Equipment Repairs/Bldg Maintenance 127$ 69$ 10$ 200$ 200$ Equipment Repairs/Bldg Maintenance -$ 300$ 400$ Building Improvements 8,297$ 371$ 227$ 2,300$ 400$ Building Improvements -$ 5,000$ Rec Program Labor 6,332$ 19,878$ 13,742$ 4,100$ 4,100$ Rec Program Labor 17,700$ 25,300$ Hired Work 45$ -$ 200$ 200$ Hired Work -$ 2,700$ 500$ Training Travel & Meetings 247$ 426$ 186$ 200$ 200$ Training Travel & Meetings 227$ 400$ 300$ Banking/CC Charges 8$ 164$ 294$ 300$ 300$ Software Charges/CC Charges 1,000$ 1,000$ Computer Program Maintenance 2$ 77$ 1,881$ 600$ 600$ Computer Program Maintenance 200$ 200$ Equipment/Business/Capital Purchase 40,000$ 13,547$ 1,000$ Equipment/Business/Capital Purchase 34,765$ 23,500$ 22,000$ Lease Payments 14,914$ 38,486$ 35,866$ 28,900$ 30,900$ Lease Payments 833$ 10,200$ 10,300$ Shop Expenses 1,399$ 859$ 1,182$ 500$ 500$ Shop Expenses -$ 500$ 500$ Other Expenses Other Expenses Total Expenses 77,370$ 67,620$ 77,112$ 43,300$ 45,100$ Total Expenses 40,369$ 69,200$ 70,500$ Revenues-(03366@@@)2016 2017 2018 2019 2020 Revenues-(03367@@@)2018 2019 2020 Zone Program Revenues-see below 335$ 11,156$ 8,083$ 4,000$ 7,600$ ZONE SALES/CONCESSIONS 34$ 148$ 100$ 100$ Kid's Zone Sales/Concessions 300$ 300$ REC PROGRAMS FACILITY USAGE 195$ 3,550$ 6,569$ 4,500$ 4,500$ COURT RENTAL -OUTSIDE LEAGUE 70$ 6,690$ 2,780$ 5,000$ 5,000$ Rentals 1,500$ 1,500$ OPEN GYM ADMISSIONS 3$ 200$ 200$ Admissions 20,500$ 20,500$ BATTING CAGE 40$ 704$ 330$ -$ -$ TURF RENTAL -OUTSIDE LEAGUES 403$ 3,486$ 4,567$ 300$ -$ CAMPS -OUTSIDE SPONSORED 215$ DANCES/EVENTS 5,623$ 4,612$ (200)$ SUB-LEASE/STORAGE RENT 810$ 1,400$ -$ -$ -$ $1 Voluntary Fee for Each Adult to go towards new feature 2,000$ High Five Grant 15,000$ High Five Grant 27,000$ 20,000$ Sale of Assets 1,000$ Grant for Capital Above 5,000$ SPONSORSHIPS/CONTRIBUTIONS 500$ -$ -$ Community Sponsors 5,000$ 13,300$ 5,500$ Total Revenues 2,068$ 32,646$ 42,589$ 14,900$ 17,400$ Total Revenues 32,000$ 55,600$ 34,800$ City Subsidy (75,302)$ (34,974)$ (34,523)$ (28,400)$ (27,700)$ City Subsidy (8,369)$ (13,600)$ (35,700)$ Average (40,180)$ Average (19,223)$ Total Zone Subsidy (42,892)$ (42,000)$ (63,400)$ Average (49,431)$ Analysis For The Zone Recreation Center and the Kid's Discovery Zone-Current Contract Expires 12/31/2022 ZONE PROGRAMS Participation 2018 2019 2020 EXPENSES Zone Recreation Programs: DAY CAMP/ZONE SPORTS CAMP PROG 384 812 1730 800 800 DAY CAMP/ZONE SPORTS CAMP PROG YOUTH VOLLEYBALL ZONE 40 213 353 300 300 YOUTH VOLLEYBALL ZONE 375 375 375 YOUTH INDOOR SOCCER ZONE 140 1427 850 0 1000 YOUTH INDOOR SOCCER ZONE 735 - 735 ADULT COED INDOOR SOCCER ZONE 0 716 334 0 400 ADULT COED INDOOR SOCCER ZONE included above included above ADULT COED VOLLEYBALL ZONE 0 166 1471 0 1400 ADULT COED VOLLEYBALL ZONE 320 - 320 TATER TOT SPORTS INTRO ZONE 0 49 0 0 0 TATER TOT SPORTS INTRO ZONE WOMENS VOLLEYBALL ZONE 0 901 196 1100 1100 WOMENS VOLLEYBALL ZONE 1,280 1,280 840 TOTAL EXPENSES 564$ 4,284$ 4,934$ 2,200$ 5,000$ Basketball Games/Practice 4,400 2,900 2,900 Total Zone Recreation Programs 7,110 4,555 5,170 REVENUES Zone Rentals: DAY CAMP/ZONE SPORTS CAMP PROG 150 1220 1656 1000 1000 Zone Dances 4,000 - - YOUTH VOLLEYBALL ZONE 45 815 494 600 600 Upper Valley Soccer 1,300 1,500 1,500 YOUTH INDOOR SOCCER ZONE 140 4364 1924 -100 1500 Madison Volleyball 1,300 875 875 ADULT COED INDOOR SOCCER ZONE 0 2828 1052 0 1000 Sugar Salem Baseball 1,800 - - ADULT COED VOLLEYBALL ZONE 0 0 920 0 1000 Others 1,250 1,400 1,700 TATER TOT SPORTS INTRO ZONE 0 -35 Total Zone Rentals 9,650 3,775 4,075 WOMENS VOLLEYBALL ZONE 0 1964 2037 2500 2500 KIDSBURG: TOTAL REVENUES 335$ 11,156$ 8,083$ 4,000$ 7,600$ Sponsored Events 2,405 2,600 B-Day Reservations 210 250 NET PROFIT (LOSS)(229)$ 6,872$ 3,149$ 1,800$ 2,600$ Punch Pass Uses 1,803 1,800 Admission Full Day 3,447 3,600 Adult Admission Full Day 9,498 9,700 Infant Admission Full Day 810 900 Zone Admission Full Day 58 200 Total Kidsburg - 18,231 19,050 Total Zone/Kidsburg Patrons 16,760 26,561 28,295