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File #: LM-2026-0094    Version: 1 Name:
Type: Order Status: In Committee
File created: 3/4/2026 In control: Finance Committee
On agenda: Final action:
Title: ORDER OF THE NEW HAVEN BOARD OF ALDERS APPROVING THE 2026-27 RALPH WALKER SKATING RINK FUND BUDGET
Attachments: 1. 0 - Checklist - OPMG Ralph Walker Skating Rink Enterprise Fund FY26-27, 2. 1 - Cover Letter - OPMG Ralph Walker Skating Rink Enterprise Fund FY26-27, 3. 2 - Order - OPMG Ralph Walker Skating Rink Enterprise Fund FY26-27, 4. 3 - PNF - OPMG Ralph Walker Skating Rink Enterprise Fund FY26-27, 5. 4 - FIS - OPMG Ralph Walker Skating Rink Enterprise Fund FY26-27

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ORDER OF THE NEW HAVEN BOARD OF ALDERS APPROVING THE 2026-27 RALPH WALKER SKATING RINK FUND BUDGET

 

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NOW THEREFORE BE IT 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 2026-2027 as follows:                                          

 

For the Year Ending                     6/30/2026

Fiscal Year 2027 Anticipated Beginning Balance                                                               43,000

 

Anticipated Revenues for Fiscal Year 2026-27                                          

 

Rental Income: Lease Agreement                                                               

Base Rent                                                                                                                                                   30,000 

Revenue Sharing: Net proceeds over 100k 10%                                          8,000 

Revenue Sharing: Gross proceeds concessions 10%                                          6,000 

Total Rental Income                                                                                                                              44,000                                          

 

 

Net Anticipated Revenue                                                                                                                              44,000 

 

Anticipated Expenditures for Fiscal Year 2026-27                                          

 

Operating Expenses                                          

Maintenance Repairs                                                                                                                              30,000

 

Capital Improvements                                          

Repairs and Maintenance                                                                                                         100,000

Structural Modifications                                                                                                         20,000

 

Net Anticipated Expenditures                                                                                                                              150,000

 

FY 2026-27 Anticipated Operating Result Gain / (Loss)                                          (106,000)

 

 

FY 2026-27 Anticipated End of Year Balance                                                                                    (63,000)