File #: LM-2021-0165    Version: 1 Name:
Type: Order Status: Passed
File created: 4/13/2021 In control: City Clerk
On agenda: Final action: 5/26/2021
Title: RALPH WALKER SKATING RINK ENTERPRISE FUND BUDGET
Attachments: 1. LM-2021-0165

Title

RALPH WALKER SKATING RINK ENTERPRISE FUND BUDGET

Body

 

ORDERED by the New Haven Board of Alders that the operating budget for the Skating

budget for the Skating Rink Fund be and hereby is approved for FY 2021-2022 as follows:

Revenue

 

Ice Time Sales

 

Ice Rental - Resident

40,000

Ice Rental - Non-Resident

80,000

Ice Rental - New Haven Public Schools

4,000

Public Skating /Admissions

 

Public Skating - Youth

15,000

Public Skating - Adults

15,000

Special Groups

15,000

Programs

 

Learn to Skate

5,000

Pro Shop

1,000

Parties

5,000

Vending

0

   Total Revenues & Capital Reserves

180,000

 

 

Administrative Expenses

 

Management Fee

0

Salaries

60,000

Payroll Expenses

4,500

Workers Compensation

4,500

Sub-Total

69,000

Operating Expenses

 

Insurance

0

Start up costs: ice making, ice painting, equipment start up

15,000

Office Supplies

0

Rink Supplies

10,000

Rental Equipment

2,500

Maintenance Repairs

0

Marketing

10,000

Sub-Total

37,500

Capital Allocation

 

General Repair

0

Sub-Total Expenses

106,500

 

 

Revenue Sharing (.30 percent of net)

9,000

Repairs and Improvements, Facility & Equipment

10,000

Total Expenses

125,500

Allocated for Capital Projects

0

     Total Expenses & Capital Allocations

125,500

Anticipated Balance, 2022 Season

54,500