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Res-2018-197
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2018-12-04 10:00 AM - Commissioners' Agenda
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Res-2018-197
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Last modified
12/11/2018 10:00:00 AM
Creation date
12/11/2018 9:57:57 AM
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Meeting
Date
12/4/2018
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
o
Item
Request to Approve a Resolution for the 2019 Distressed County Sales and Use Tax Infrastructure Improvement Program Agreement with Washington State Horse Park Authority
Order
15
Placement
Consent Agenda
Row ID
49668
Type
Resolution
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We then work with the following estimates of horse days per year: 10.630 <br />(conservative), 17,717 (optimistic), and 25,600 (unrealistic). Given a number of horse <br />days per year, we translate this into revenue per year_ by multiplying by dollars per <br />horse day. As mentioned above, survey results indicate that stall fees are <br />approximately one. half of revenue per horse. We confirmed this by examining an event <br />analysis for a Dressage Horse Show conducted in Los Angeles in 2003. Horse stall <br />revenue was 54% of total show rental. Bas'3d on this, we assume total revenue per <br />horse is twice stall rental, even though some revenue is indirectly linked to the number <br />of stalls rented (e.g. the facility rental). <br />We must distinguish between stall fees charged to the participant from stall fees paid to <br />the facility. Show organizers pay facility stall fees and charge participant stall fees. For <br />the purposes of our study, we are only concerned with facifity stall fees. In our survey <br />of WA equine organizations, Steve Busick asked the organization officers what stall <br />rentals were at their current locations. Seven respondents said $25, while the other <br />threeJisted $35, $40 and $65 per d~y. For the Los Angeles show we examined, stall <br />fees to the facility ware $13.86 per horse day. Given this disparity In rental fees, we <br />were unsure if our survey respondents we providing stall fees charged to particip'ants or <br />charge fees paid to facilities. 111 order to resolve this we conducted a brief internet <br />search of current facilities. <br />The Kentucky Horse Pari< lists $20/night for the first night, and $15 per night thereafter. <br />This Horse Park of New Jersey lists $30 for one day shows, $45 (total) for 2 or 3 day <br />shows, and $10 per day thereafter. The North Carolina Eastern Agriculture Center <br />charges between $10 and $15 per day depending on the number of days. Examining <br />the entry forms of the Reining Horse Association NW, the per day stall fee to the <br />competitor atvarious Northwest locations is uniformly $25 per night This information <br />suggests that revenue to the facility is between $10 and $15. while &tall fees charged to <br />27
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