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<br />WS – Item 1 <br />WORK SESSION STAFF REPORT <br />Work Session Item No. 1 <br /> <br /> <br />Date: December 13, 2021 <br /> <br />To: City Council <br /> <br />From: Hannah Lynch, Finance Director <br /> <br />Re: Activity Center Financial Update <br /> <br /> <br />Background <br /> <br />The operation of the Rookery Activity Center is accounted for in a special revenue fund. <br />The fund is independent of the City’s General Fund. Re-opening expenses will largely be <br />covered by ARPA dollars. Once those grant funds are exhausted, the fund will stand on <br />its own. The revenues represented in the Isaac Sports Group analysis are anticipated to <br />cover the operating and capital expenses. <br /> <br />Staff will give a brief presentation on the current financial status of the Rookery Activity <br />Center. <br /> <br />