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Page 23 of 73 <br /> <br />Private and Semi-Private and specialty lessons are priced accordingly <br /> <br />Swim Lesson Participation and Revenue Projection <br />Based on these fees, history of lessons at the YMCA and Community Education the overall swim <br />lesson revenue projects is as follows: <br /> <br />City Managed Swim Lesson Program Revenue <br /> <br />Lesson <br />Category <br />Revenue <br />Year 1 Year 2 Year 3 *Year 4 Year 5 <br />Youth Group $113,280 $152,928 $175,867 $206,033 $216,335 <br />Adult Group $10,620 $14,337 $16,488 $19,316 $20,281 <br />+Private $21,504 $29,030 $33,385 $39,704 $41,689 <br />Semi-Private $9,120 $12,312 $14,159 $16,633 $17,465 <br /> <br />TOTAL <br />REVENUE $154,524 $208,607 $239,899 $281,686 $295,770 <br /> <br />&EXPENSES $69,101 $89,886 $102,042 $117,988 $123,412 <br /> <br />NET <br />REVENUE $85,423 $118,721 $137,857 $163,698 $172,358 <br />Profit Margin 55% 57% 57% 58% 58% <br /> <br />NOTES: <br /> The projections are based on a 60% resident/40% non-resident breakdown <br /> *Projecting a rate increase of 9% in Year 4. <br /> +The YMCA and Community Ed do not offer a wide availability of private lessons and this <br />projection for the Rec and Community Center is conservative. Private lessons will likely <br />generate an upside over these conservative projections. <br /> &Expenses include staff, staff training, marketing, supplies, credit card/registration fees, <br />etc. Instructor wages are average $18/hour to ensure attracting and retaining instructor <br />staff. <br /> Budget funds are included to support scholarships for those that cannot afford the cost of <br />lessons <br /> <br />The detail City Managed Lesson Projections are included in Appendix A: Programming <br />#A2a. <br /> <br /> <br /> <br /> <br /> <br /> <br />