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06-28-2021 Council Packet
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06-28-2021 Council Packet
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11/4/2021 10:53:20 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/28/2021
Council Meeting Type
Regular
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Year 3: City Managed vs. Hybrid Model <br />19 <br />Budget Category City Managed Hybrid Model <br />Revenue <br />Facility Revenue $1,854,000 $1,634,000 <br />Program Revenue $445,000 $201,000 <br />REVENUE SUBTOTAL $2,299,000 $1,835,000 <br />Expenses <br />Operational Expenses $2,036,000 $1,688,000 <br />Program Expenses $206,000 $69,000 <br />EXPENSES SUBTOTAL $2,242,000 $1,757,000 <br />OPERATING NET REVENUE (DEFICIT)$57,000 $78,000 <br />Cost Recovery 103%104% <br />City Administrative Allocation $165,000 $165,000 <br />EXPENSE SUBTOTAL with City Admin Allocation $2,407,000 $1,922,000 <br />OVERALL NET REVENUE (Deficit)$(108,000)$(87,000) <br />Cost Recovery 95%95%
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