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32 - Brookview FacilityBROOKVIEW FACILITY Starting In 2017, the budget for the operations of the new Brookview facility will be a Special Revenue Fund to account for the revenues and expenditures of that facility. This budget is for three areas: Banquet Facility, Indoor Play Area and Meeting Rooms. All Administration will be handled by the Park and Recreation Department. Staffing: 1 Custodian 1 Facilities Coordinator .50 Guest Services Agent Transfers: Transfers will be set aside for future replacement of equipment, furniture and fixtures. CITY OF GOLDEN VALLEY BROOKVIEW CENTER REVENUE DETAIL Actual2020 Actual2021 Adopted 2022 Estimated 2022 Concept2023 Adopted 2023 Concept2024 Percent Percent Percent Percent Percent Percent Percent Revenue Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Amount of Total Room Rentals 4318 Banquet Facility 37,949 26.7% 79,924 21.4% 100,000 26.8% 125,000 21.2% 103.000 22.1% 125,000 27.0% 125,000 27.0% 4318 Deck Rental 1,665 1.17% 14,561 3.9% 2,000 0.5% 5,000 0.8% 2,000 0.4% 5,000 1.1% 5,000 1.1% 4318 Meeting Room Rental 29,558 20.8% 32,543 8.7% 95,000 25.5% 75,000 12.7% 97,850 21.0% 75,000 16.2% 75,000 16.2% 4318 Rentals -Other (75) -0.1% 3,540 0.9% 1,000 0.3% 2,000 0.3% 1,000 0.2% 1,000 0.2% 1,000 0.2% 4319 Police Security Services 1,320 0.9% 400 0.1% 3,000 0.8% - 0.0% 3,000 0.6% 500 0.1% 500 0.1% 4320 Catering Room Usage Fee 4,088 2.9% 10,838 2.9% 10,000 2.7% 15,000 2.5% 10,000 2.1% 15,000 3.2% 15,000 3.2% Total Room Rentals 74,505 141,806 211,000 222,000 216,850 221,500 221,500 Indoor Play Area 4321 Daily BPunch Passes 43,184 30.4% 22,329 6.0% 172,825 46.4% 150,000 25.5% 172,825 37.1% 175,000 37.8% 175,000 37.8% 4321 Groups & Private Rentals 4,815 3.4% (422) -0.1% 10,000 2.7 % 10,000 1.7 % 20,000 4.3 % 10,000 2.2% 10,000 2.2% 4321 Indoor Play Area 12,800 9.0% 2,223 0.6 % 55,000 14.8 % 55,000 9.3 % 55,000 11.8 % 55,000 11.9 % 55,000 11.9 % 4321 Merchandise 110 0.1% 63 0.0% 1,500 0.4% 1,500 0.3% 1,500 0.3% 1,500 0.3% 1,500 0.3% Total Indoor Play Area 60,909 24,193 239,325 216,500 249,325 241,500 241,500 Other Revenue 4138 ARPA Funds - 0.0% 207,955 55.8% 0.0% 149,990 25.5% - - - 4305 Misc - Public Art Sales - 0.0% 0.0% - 0.0% - 0.0 4471 Interest Earnings 6,656 4.7% (1,268) -0.3% 0.0% 0.0% 4486 Miscellaneous Revenue - 0.0% 0.0% 0.0% 0.0 Total Other Revenue 6,656 206,687 149,990 TOTALS 142,070 100.0% 372,686 100.0% 450,325 120.8% 588,490 100.0% 466,175 100.0% 463,000 100.0% 463,000 100.0% CITY OF GOLDEN VALLEY 2023 - 2024 OPERATING BUDGET Division: Brookview Facility (020) 2020 2021 2022 2022 2023 2023 2024 OBJECT DESCRIPTION ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT Personal Services 6110 Salaries -Regular 6111 Salaries -Overtime 6130 Salaries -Temporary Employees 6150 Employee Insurance 6160 Retirement TOTAL Personal Services Supplies and Services 6320 Operating Supplies 6324 Clothing 6340 Professional Services 6343 Telephone 6352 Public Information 6382 Contractual Maintenance 6390 Rentals 6411 Conferences and Schools 6440 Other Contractual Services TOTAL Supplies and Services Transfers 6960 Capital Outlay TOTAL Transfers TOTALS $99,101 $121,432 $148,245 $152,285 $158,035 $168,965 $178,970 193 823 2,500 2,500 2,500 3,000 3,000 38,545 37,350 132,500 132,500 135,350 138,625 144,785 23,196 29,252 50,920 52,875 52,115 58,460 61,845 17,253 22,395 43,725 45,150 45,050 50,015 52,900 178,288 211,252 377,890 385,310 393,050 419,065 441,500 13,877 18,509 47,800 47,800 47,800 54,800 54,800 10 170 1,275 1,100 1,275 1,100 1,100 6,615 857 5,000 2,500 5,000 5,000 5,000 402 777 860 860 860 $60 860 7,772 5,999 26,550 19,000 26,250 21,000 21,000 1,866 2,570 5,000 5,000 5,000 5,000 5,000 754 714 3,315 2,315 3,315 2,815 2,815 - - 750 750 750 750 750 4,778 425 10,805 5,305 10,805 5,305 5,305 36,074 30,021 101,355 84,630 101,055 96,630 96,630 - 24,515 50,000 - 50,000 50,000 50,000 0 24,515 50,000 0 50,000 50,000 50,000 $214,362 $265,788 $529,245 469,940 $544,105 565,695 588,130 CITY OF GOLDEN VALLEY BROOKVIEW FACILITY FUND FUND BALANCE ANALYSIS * Fund Balance @ 01 /01 /22 $362,476 Estimated Revenue - 2022 $588,490 Estimated Expenses - 2022 469,940 Excess of Revenue Over (Under) Expenses 118,550 Estimated Fund Balance @ 12/31 /22 $481,026 Adopted Revenue - 2023 463,000 Adopted Expenses - 2023 Excess of Revenue Over (Under) Expenses (102,695) Projected Fund Balance @ 12/31/23 $378,331 Concept Revenue - 2024 463,000 Concept Expenses - 2024 588,130 Excess of Revenue Over (Under) Expenses (125,130) Projected Fund Balance @ 12/31 /24 $253,201 * Working Capital is defined as current assets minus current liabilities.