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APPENDIX C2e--Program Net Revenue City Managed Model <br />1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />A B G H I J K M <br />OPTION Existing Facility City Managed Membership Scenario #2 <br />NOTES: <br />*Year Zero is the period facility is closed prior to reopening under City or outside management. Includes costs to re-open facility <br />Initially assumes management by City with many programs outsourced. <br />Net Program Revenue <br />Issues to Review <br />Potential for Increased Revenue <br />Potential for Loss of Revenue <br />Year 1`Year 2 Year 3 Year 4 Year 5 Comments <br />PROGRAM EXPENSES 148,441 191,529 206,387 226,177 235,623 <br />PROGRAM INCOME 296,024 406,157 445,246 495,247 517,873 <br />NET PROGRAM REVENUE (DEFICIT)147,583 214,628 238,859 269,070 282,251 Year 2 <br />PROGRAM BREAKDOWN <br />Community Education Programming <br />Expenses 2,700 4,700 4,826 4,999 5,179 <br />Revenue 5,500 10,500 10,815 11,248 11,698 <br />Net Revenue (Deficit)2,800 5,800 5,989 6,249 6,519 <br />Profit Margin 51%55%55%56%56% <br />Aquatic Fitness and Training Programs <br />Expenses 9,000 14,000 14,520 15,061 15,623 <br />Revenue 20,000 32,500 33,800 35,152 36,558 <br />Net Revenue (Deficit)11,000 18,500 19,280 20,091 20,935 <br />Profit Margin 55%57%57%57%57% <br />Dry-Side Fitness and Therapy Programs <br />Category <br />Lino Lakes Recreation and Community Center <br />Financial Forecast Pre-Opening Year Through Year 5 <br />ISG Projections <br />May 10, 2021 <br />1 of 2 6/1/2021