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ORDER APPROVING THE 2024-25 RALPH WALKER SKATING RINK ENTERPRISE FUND BUDGET
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ORDERED by the New Haven Board of Alders that the operating budget for the Ralph Walker Skating Rink fund be and hereby is approved for FY 2024-2025 as follows:
For the Year Ending 6/30/2025
Fiscal Year 2025 Anticipated Beginning Balance 31,000
Anticipated Revenues for Fiscal Year 2024-25
Ice Time Sale
Ice Rental - Resident 0
Ice Rental - Non-Resident 0
Ice Rental - New Haven Public Schools 0
Sub-Total Ice Time Sale 0
Public Skating /Admissions
Public Skating - Youth 0
Public Skating - Adults 0
Special Groups 0
Sub-Total Public Skating/Admissions 0
Programs
Learn to Skate 0
Pro Shop 0
Parties 0
Sub-Total Programs 0
Rental Income: Lease Agreement
Base Rent 30,000
Revenue Sharing: Net proceeds over 100k 10% 5,000
Revenue Sharing: Gross proceeds concessions 10% 6,000
Sub-Total Rental Income 41,000
Net Anticipated Revenue 41,000
Anticipated Expenditures for Fiscal Year 2024-25
Administrative Expenditures
Management Fee 0
Salaries 0
Payroll Expenses 0
Workers Compensation 0
Sub-Total Administrative Expenses 0
Operating Expenses
Insurance 0
Startup costs: ice making, ice painting, equipment start up 0
Office Supplies 0
Rink Supplies 0
Rental Equipment 0
Maintenance Repairs 30,000
Marketing
Sub-Total Operating Expenses 30,000
Capital Improvements
Repairs and Maintenance 0
Ice Repairs 0
Structural modifications 0
Sub-Total Operating Expenses 0
Miscellaneous Expenditures
Revenue Sharing (.30 percent of net)
Repairs and Improvements, Facility & Equipment
Sub-Total Operating Expenses 0
Net Anticipated Expenses 30,000
FY 2024-25 Anticipated Operating Result Gain / (Loss) 11,000
FY 2024-25 An...
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