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33- 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 Actual 2021 Actual 2022 Adopted 2023 Estimated 2023 Concept 2024 Adopted 2024 Concept 2025 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 79,924 21.4% 156,672 25.7% 125,000 27.0% 175,000 32.6% 125,000 21.8% 260,000 46.8% 275,000 48.0% 4318 Deck Rental 14,561 3.9% 20,269 3.3% 5,000 1.1% 10,000 1.9% 5,000 0.9% 10,000 1.8% 12,000 2.1% 4318 Meeting Room Rental 32,543 8.7% 66,452 10.9% 75,000 16.2% 70,000 13.1 % 75,000 13.1 % - 0.0% - 0.0% 4318 Rentals -Other 3,540 0.9% 2,375 0.4% 1,000 0.2% 1,500 0.3% 1,000 0.2% 1,000 0.2% 1,000 0.2% 4319 Police Security Services 400 0.1 % - 0.0% 500 0.1 % - 0.0% 500 0.1 % - 0.0% - 0.0% 4320 Catering Room Usage Fee 10,838 2.9% 21,256 3.5% 15,000 3.2% 18,000 3.4% 15,000 2.6% 18,000 3.2% 18,000 3.1% Total Room Rentals 141,806 267,024 221,500 274,500 221,500 289,000 306,000 Indoor Play Area 4321 Daily &Punch Passes 22,329 6.0% 145,733 23.9% 175,000 37.8% 185,000 34.5% 175,000 30.6% 190,000 34.2% 190,000 33.2% 4321 Groups & Private Rentals (422) -0.1 % 9,610 1.6 % 10,000 2.2 % 10,000 1.9 % 10,000 1.7 % 10,000 1.8 % 10,000 1.7 % 4321 Indoor Play Area 2,223 0.6% 55,380 9.1 % 55,000 11.9% 65,000 12.1 % 55,000 9.6% 65,000 11.7% 65,000 11.4% 4321 Merchandise 63 0.0% 1,466 0.2% 1,500 0.3% 1,500 0.3% 1,500 0.3% 1,500 0.3% 1,500 0.3% Total Indoor Play Area 24,193 212,189 241,500 261,500 241,500 266,500 266,500 Other Revenue 4138 ARPA Funds 207,955 55.8% 149,090 24.4% - 0.0% - - - 4305 Misc -Public Art Sales 0.0% 322 0.1 % - 115 0.0% - - - 4471 Interest Earnings (1,268) -0.3% (17,821) -2.9% - 0.0% - - - 4486 Miscellaneous Revenue 0.0% 0.0% 0.0% - - TotalOtherRevenue 206,687 131,591 - 115 - - - TOTALS 372,686 100.0% 610,804 100.0% 463,000 100.0% 536,115 100.0% 463,000 80.9% 555,500 100.0% 572,500 100.0% CITY OF GOLDEN VALLEY 2024 - 2025 OPERATING BUDGET Division: Brookview Facility (020) OBJECT DESCRIPTION 2021 ACTUAL 2022 ACTUAL 2023 ADOPTED 2023 ESTIMATED 2024 CONCEPT 2024 ADOPTED 2025 CONCEPT Personal Services 6110 Salaries -Regular $121,432 $156,987 $168,965 $168,965 $178,970 $178,970 $191,074 6111 Salaries -Overtime 823 1,511 3,000 3,000 3,000 3,000 3,000 6130 Salaries -Temporary Employees 37,350 107,002 138,625 130,000 144,785 136,000 140,140 6150 Employee Insurance 29,252 41,209 58,460 42,500 61,845 44,785 47,870 6160 Retirement 22,395 31,557 50,015 42,705 52,900 449785 47,870 TOTAL Personal Services 211,252 338,266 419,065 387,170 441,500 4079540 429,954 Supplies and Services 6320 Operating Supplies 18,509 36,907 54,800 54,800 54,800 579800 57,800 6324 Clothing 170 208 1,100 1,250 1,100 19200 1,200 6340 Professional Services 857 278 5,000 4,000 5,000 49000 4,000 6343 Telephone 777 451 860 860 860 860 860 6352 Public Information 5,999 8,994 21,000 10,500 21,000 149500 14,500 6382 Contractual Maintenance 2,570 4,820 5,000 5,000 5,000 59000 5,000 6390 Rentals 714 701 2,815 1,315 2,815 19315 1,315 6411 Conferences and Schools - - 750 750 750 750 750 6440 Other Contractual Services 425 5,497 5,305 5,300 5,305 59305 5,305 TOTAL Supplies and Services 30,021 57,856 96,630 83,775 96,630 909730 90,730 Transfers 6960 Capital Outlay 24,515 - 50,000 - 50,000 2859000 160,000 TOTAL Transfers 24,515 0 50,000 0 50,000 2859000 160,000 TOTALS $265,788 $396,122 $565,695 470,945 $588,130 783,270 680,684 Division: Brookview Center (065) OBJECT DESCRIPTION Personal Services 6110 Salaries -Regular Employees 6111 Overtime -Regular Employees 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 6390 Rentals 6411 Conferences and Schools 6440 Other Contractual Services TOTAL Supplies and Services Transfers 6960 Capital Outlay TOTAL Capital Outlay TOTALS CITY OF GOLDEN VALLEY 2024 - 2025 OPERATING BUDGET Program: BV General Area/Rooms (2041) 2021 2022 2023 2023 2024 2024 2025 ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT $121,432 $156,987 $168,965 $168,965 $178,970 $178,970 $191,074 823 1,511 3,000 $3,000 3,000 $3,000 $3,000 37,072 91,756 100,000 $95,000 105,000 $98,000 $101,000 29,229 40,190 55,755 40,000 59,060 42,000 45,000 22,365 30,401 47,310 40,000 50,115 42,000 45,000 210,921 320,845 375,030 346,965 396,145 363,970 385,074 18,185 32,056 45,000 $45,000 45,000 $45,000 $45,000 170 208 1,100 $1,250 1,100 $1,200 $1,200 857 278 5,000 $4,000 5,000 $4,000 $4,000 777 451 860 $860 860 $860 $860 5,999 7,794 14,500 $8,000 14,500 $11,000 $11,000 714 701 2,315 $815 2,315 $815 $815 - 750 $750 750 $750 $750 425 5,497 5,105 $5,100 5,105 $5,105 $5,105 27,127 46,985 74,630 65,775 74,630 68,730 68,730 24,515 - 25,000 $0 25,000 $285,000 $160,000 24,515 0 25,000 0 25,000 285,000 160,000 $262,563 $367,830 $474,660 $412,740 $495,775 $717,700 $613,804 Division: Brookview Center (065) OBJECT DESCRIPTION Personal Services 6130 Salaries -Temporary Employees 6150 Employee Insurance 6160 Retirement TOTAL Personal Services Supplies and Services 6320 Operating Supplies 6352 Public Informaiton 6382 Contractual Maintenance 6390 Rentals 6440 Other Contractual Service TOTAL Supplies and Services Transfers 6960 Capital Outlay TOTAL Capital Outlay TOTALS CITY OF GOLDEN VALLEY 2024 - 2025 OPERATING BUDGET Program: BV Indoor Play Area (2042) 2021 2022 2023 2023 2024 2024 2025 ACTUAL ACTUAL ADOPTED ESTIMATED CONCEPT ADOPTED CONCEPT $278 $15,246 $38,625 $35,000 $39,785 $38,000 $39,140 23 1,019 2,705 2,500 2,785 2,785 2,870 30 1,156 2,705 2,705 2,785 2,785 2,870 331 17,421 44,035 40,205 45,355 43,570 44,880 324 4,851 9,800 $9,800 9,800 $12,800 $12,800 - 1,200 6,500 $2,500 6,500 $3,500 $3,500 2,570 4,820 5,000 $5,000 5,000 $5,000 $5,000 - 500 $500 500 $500 $500 - 200 $200 200 $200 $200 2,894 10,871 22,000 18,000 22,000 22,000 22,000 25,000 $0 25,000 $0 $0 0 0 26,000 0 25,000 0 0 3,225 28,292 91,035 58,205 92,355 65,570 66,880 CITY OF GOLDEN VALLEY BROOKVIEW FACILITY FUND FUND BALANCE ANALYSIS * Fund Balance @ 01/01/23 Estimated Revenue - 2023 Estimated Expenses - 2023 Excess of Revenue Over (Under) Expenses Estimated Fund Balance @ 12/31/23 Adopted Revenue - 2024 Adopted Expenses - 2024 Excess of Revenue Over (Under) Expenses Projected Fund Balance @ 12/31 /24 Concept Revenue - 2025 Concept Expenses - 2025 Excess of Revenue Over (Under) Expenses Projected Fund Balance @ 12/31 /25 536,115 470,945 555,500 783,270 572,500 * Working Capital is defined as current assets minus current liabilities. $583,624 $648,794 (227,770) $421, 024 (108,184) $312,840