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5b ChanRecCenterFinancialReport CITY OF I EA TEA 690 COULTER DRIVE · P.O. BOX 147 · CHANHASSEN, MINNESOTA 55317 (612) 937-1900 · FAX (612) 937-5739 MEMORANDUM TO: FROM: DATE: SUB J: Todd Hoffman, Park & Recreation Director Patty Dexter, Recreation Supervisor August 8, 1997 Six Month Chanhassen Recreation Center Financial Report The Chanhassen Recreation Center revenue and expenditures are listed below for the period of January 1 - June 30, 1997. Revenue Exercise $32,266.50 CRC Rentals 17,488.61 Sports-Youth 10,189.50 Dance 8,369.25 Programs-Youth 6,253.55 Child Care 3,228.25 Vending 1,470.76 Sports-Adult 1,156.00 Pro grams-Adult 875.00 Special Events 596.00 Total Revenue $81,893.42 Expenditures Personnel Services Material & Supplies Contractual Services Total Expenditures $60,659 16,496 27,425 $104,580.00 Mr. Todd Hoffman August 8, 1997 Page 2 For a revenue comparison, in 1996, $70,927 was generated from January 1 through August 31, 1996 (8 month period). The CRC exceeded that amount, generating $81,893 during the first six months of 1997. 300,000.00 250.000.00 200.000.00 150 000.00 100,000.00 50,000.00 0.00 Chanhassen Recreation Center Revenue/Expenditure Comparison Through June 30, 1997 257,500 75% goal = $193,125 $111,232 to be collected to reach 75% goal ~ ~; 104,58C ~ thru $81,892 6-30-97 thru l 6-30-97 1997 1997 Expense Revenue One area showing a dramatic increase in revenue is "Sports-Youth" ($10,189.50). This increase can be attributed to the "cosponsoring" efforts of the CRC and YMCA preschool sports. However, with this increase in revenue, the YMCA is reimbursed a percentage. The CRC will be promoting the rental of rooms heavily this fall in an attempt to increase revenues in that category. Look for a full page ad in the Chanhassen Resident Directory Guide 1997-98, and a "Celebrate Two Year Anniversary" ad in the Chanhassen Villager in October. g:\park\patty\rec.ctr\revreport6-30-97.doc