04-01-1996 WS - Laserfiche WebLink

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B4 • REVENUES FROM PROGRAM FEES - OPTIONS • There are two options for revenue through program or activity fees. The two options are: OPTION#1 - Subsidize operations through program fees. Con: This option will escalate fees to a cost that may be limiting to residents with lower incomes. Such exclusion would defeat the purpose of a Community Center as a facility for the community at large. In addition, participation may decrease thus limiting the amount of use of the Community Center. Pro: Subsidizing operations through program fees would offer a supplement revenue source for the cost of Community Center operations, but would provide only a small part of facility operations costs. OPTION#2 - Subsidize operations through general fund. Con: The general fund will increase due to subsidization of Community Center operations. General tax subsidization will provide greater opportunities for the general public to el participate in programs and activities because fees will be less than if Community Center facility operations costs were tacked onto fees. REVENUES FROM SPACE RENTAL/LEASING The other revenue alternative is space rental, reservation and leasing. Space use fees would need to be negotiated. It would provide a sure revenue source for community center operation costs. Rental fees for the "great room" could be marketed for weddings, banquets, large parties or conferences/workshops. The demand for renting such as space would need to be studied. This would be under the presumption that the great room would be much smaller than is presently available - because of the interior re-design resulting in a smaller great room - probably a similar size as the neighboring community great rooms. This may result in competition between neighborhing community rental spaces. The amount of demand will be an important factor, especially since New Brighton has experienced less than predicted revenues from great room rentals at the Family Center than originally predicted. • 4111