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<br />A B C G H I J K L M N O P Q R
<br />Membership Scenario #2
<br />NOTES:*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 Operating Revenue (Deficit) Categories Net Operating Revenue With City Admin Alloca. Incl.With Reserve Included Net Operating Revenue With City Admin Alloca. Incl.With Reserve Included
<br />REVENUE Year Zero*Year 1 Year 2 Year 3 Year 4 Year 5 Year Zero*Year 1 Year 2 Year 3 Year 4 Year 5
<br />FACILITY REVENUE -$ 1,342,698$ 1,767,017$ 1,853,709$ 1,944,063$ 2,039,660$ -$ 1,336,903$ 1,561,440$ 1,634,173$ 1,709,872$ 1,790,042$
<br />Educational, Classes, Camps and Clinics Rentals 0 0 0 0 0 0 -$ -$ -$ -$ -$ -$
<br />Gym/Court Rentals 0 20,000 30,000 31,500 33,075 34,729 -$ 20,000$ 30,000$ 31,500$ 33,075$ 34,729$
<br />Pool Rentals 0 36,412 39,773 40,806 42,082 43,398 -$ 36,412$ 39,773$ 40,806$ 42,082$ 43,398$
<br />Competitive Event Rentals 0 0 0 0 0 0 -$ -$ -$ -$ -$ -$
<br />Special Events & Function Space Rentals 0 21,000 28,000 28,840 29,911 31,065 -$ 18,000$ 24,000$ 24,720$ 25,668$ 26,652$
<br />Therapy, Rehab, Health Use 0 0 0 0 0 0 -$ -$ -$ -$ -$ -$
<br />Memberships & Daily Use Fees 0 1,260,286 1,662,094 1,745,199 1,831,409 1,922,655 -$ 1,181,491$ 1,385,017$ 1,454,268$ 1,525,932$ 1,601,904$
<br />Retail and Vending Revenue 0 5,000 7,150 7,365 7,585 7,813 -$ 6,000$ 7,650$ 7,880$ 8,116$ 8,359$
<br />Facility Sponsorships/Advertising/Contributions 0 0 0 0 0 0 -$ -$ -$ -$ -$ -$
<br />School District and Partners 0 0 0 0 0 0 -$ 75,000$ 75,000$ 75,000$ 75,000$ 75,000$
<br />Miscellaneous 0 0 0 0 0 0 -$ -$ -$ -$ -$ -$
<br />PROGRAM REVENUE -$ 296,024$ 406,157$ 445,246$ 495,247$ 517,873$ -$ 120,639$ 186,162$ 200,701$ 219,024$ 228,673$
<br />Education and Community Programming 0 5,500 10,500 10,815 11,248 11,698 0 7,000 13,000 13,390 13,926 14,483
<br />Aquatic Training, Fitness and Therapy 0 20,000 32,500 33,800 35,152 36,558 0 20,000 32,500 33,800 35,152 36,558
<br />Dry-Side Fitness & Training 0 65,000 70,550 73,372 76,307 79,359 0 0 0 0 0 0
<br />Learn to Swim 0 154,524 208,607 239,899 281,686 295,770 0 48,639 65,662 75,511 88,827 93,268
<br />Camps and Clinics 0 45,000 75,000 78,000 81,120 84,365 0 45,000 75,000 78,000 81,120 84,365
<br />Aquatic Team Programs 0 0 0 0 0 0 0 0 0 0 0 0
<br />Sport Team Programs 0 6,000 9,000 9,360 9,734 10,124 0 0 0 0 0 0
<br />Program Sponsorships/Advertising/Contributions 0 0 0 0 0 0 0 0 0 0 0 0
<br />Miscellaneous 0 0 0 0 0 0 0 0 0 0 0 0
<br />TOTAL REVENUE -$ 1,638,722$ 2,173,174$ 2,298,955$ 2,439,310$ 2,557,533$ -$ 1,457,541$ 1,747,602$ 1,834,874$ 1,928,896$ 2,018,715$
<br />Projected Revenue Growth Rate 33%6%6%5%-$ 20%5%5%5%
<br />Variance of Hybrid Model vs. City Managed (181,180)$ (425,572)$ (464,081)$ (510,414)$ (538,819)$
<br />Hybrid Management Model: Rec and Community Center Projections
<br />May 10, 2021
<br />City Managed Rec and Community Center Projections
<br />Lino Lakes Recreation and Community Center
<br />Comparison: City Managed versus Hybrid Management Model
<br />Profit & Loss Summary
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