HomeMy WebLinkAboutRec Analysis (2)City of Rexburg
Recreation
Financial
Analysis
Summer 2022
4 Year History of Subsidy for Recreation, Arts,
Parks/Trails, Golf
•When the orange line is below the top of the blue bar, it signifies a profit was generated in fund 03 by
the recreation programs, facilities, and events to help cover the recreation admin expenses in the
general fund 01
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
$450,000
$500,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2023-2
History of Rexburg Recreation Subsidy 2005-2022 (Excluding Aquatic Center)
Recreation Admin Expenses (No Capital)Total Subsidy
•Spikes in the mid teen years due primarily to workers comp expenses related to claims
Current Programs/Facilities/Events Offered
Participation
Number’s
Net Profit and Loss
•Considers Direct Account Expenses
and Revenues
•Admin expenses not included
•Positive profits are represented by
the numbers within parentheses
Allocated Overhead
•We need to figure out how to allocate our overhead?
Methods of Allocating
Overhead
•Based on (Profit) Loss
•Based on Participation
•Based on Allocated Hours
•See Handout for specific details
Allocation of Overhead Based on Allocated
Hours Where Did FT Staff Spend Their Time?
•Total Hours paid each year is 2080
for all three full-time employees
•Jon spends half his time at Rexburg
Rapids which is reflected by only
allocating 1040 hours
•Hours do not include part-time
employees
•Hours provided by Recreation full-
time employees
Best
Method of
Allocating
Average Subsidy Per Participant Per Year
•Spikes in the mid teen years due primarily to workers comp expenses related to
claims
$-
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
$14.00
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2023-2Average Subsidy Per Participant Average Subsidy Per Participant Per Year
How do we move forward?
Considerations:
•Are there programs to discontinue, bring back, or expand
•Zone lease up in December 2022
•Been notified of an increase in rates-not sure how much yet
•We have asked them to consider some options
•Is it better to relocate to a new site?
•Do we add another full-time Employee?
•$86,000 annual cost
•Net cost with projected profit from potential new programs or
reduced part-time rates $76,800
•Should this decision be made once we know the direction of
the Recreation District/Recreation Center?
EVALUATION OF PROGRAMS/EVENTS/ACTIVITIES
ID
Age
Range
Consider
Dropping
/Dropped
Already
Continue
As Is
Consider
Bringing
Back
Focus on
More Notes
Current Recreation Programs
301 SUMMER FUN/CORNHOLE 18+
302 GOLF CLINIC 5-18
303/306 Indoor Soccer-ZONE/Day Camp 5-11
307 PICKLEBALL 16+
308 BOYS BASKETBALL 4-13 Add more age categories if possible
309 TEE BALL 4-5.
310 GIRLS BASKETBALL 4-12 Add more age categories if possible
313 WOMENS VOLLEYBALL-ZONE 16+would drop if discontinue Zone Lease
315 CROSS COUNTRY SKIING-PROGRAM 13-18
316 FLAG FOOTBALL-YOUTH 4-18
317 ADULT SOFTBALL 16+
319 MADISON BASEBALL 4-12
Recreation Facilities/Events
305 MAIN STREET MILE 5+
320 CAROUSEL 1+
321 TETON DAM MARATHON 4+
322 FOAMY 5 K 4+
323 THE ZONE REC CENTER 0+Lease up in 2022
324 KIDSBURG 0+Look at options to reduce lease footprint or relocate?
325 WINTER SPORTS PARK 0+Don't do outdoor ice rink. Consider condensed hours
Non-Allocable Time-Discontinued Programs
NON-ALLOCABLE TIME X
396 DISCONTINUTED PROGRAMS x
304 YOUTH VOLLEYBALL-ZONE 9-11 x
312 OUTDOOR SOCCER-YOUTH 4-11 x
314 YETI RACE/NORDIC CHALLENGE 8+x