Laserfiche WebLink
14 <br /> <br />3. Long-term Maintenance Plan <br /> <br />A comprehensive operating budget was developed in 2022 by Ballard-King & Associates, a <br />nationally recognized firm specializing in the planning and operations of aquatic and recreation <br />centers. The budget was created in collaboration with the Project Committee and reflects <br />conservative, experience-based assumptions. The summarized operating budget is below, and a <br />multi-tab spreadsheet with details and assumptions is available upon request. <br /> <br />Because it is common for public recreation facilities—particularly those with aquatics <br />components—to operate at a deficit, the summary begins with projected expenses. The ratio of <br />projected revenues to expenses is expressed as the recovery percentage, representing the share <br />of operating costs expected to be offset by user-generated revenue. The projected recovery rate <br />aligns with similar rural facilities and is expected to improve over time as population and usage <br />increase. <br /> <br /> <br />Annual Operating Expenses: <br />Salaries and Wages $1,526,319 <br />Utilities 193,600 <br />Capital replacement fund 55,000 <br />Contract services 47,000 <br />Insurance 37,000 <br />Chemicals 35,000 <br />Maintenance and repair materials 20,000 <br />Janitorial, recreation, and office supplies 48,000 <br />Advertising 20,000 <br />Credit card fees (75% of fees x 3.5%) 26,536 <br />Other 54,749 <br />Total Annual Operating Expenses, <br />Including Capital Replacement Fund <br /> <br />$2,063,204 <br /> <br />Annual Revenues: <br />Membership and admission fees 615,054 <br />Aquatic rentals and facility rentals 77,000 <br />Aquatic programs (e.g., swim lessons) 56,706 <br />General fitness programs (e.g., exercise classes) 218,619 <br />Other 43,500 <br />Total Annual Revenues $1,010,879 <br /> <br />Difference ($1,052,325) <br />Recovery 49% <br />