Supplement D Financial Sustainability Strategy Report
Supplement D: Financial Sustainability Strategy Report
Overview The Financial Sustainability Three-legged Stool illustration builds on the philosophy of 110%’s Parks and Reconomics© - how parks and recreation organizations manage their finite financial resources. The Department embraced this philosophy and the exercise of creating a Cost Recovery Strategy for its parks and recreation services by following these principal steps (as illustrated in the graphic to the right).
Tax Use/Revenue Enhancement Philosophy
Cost of Service
Service Categories
Service Categories The development of categories which include services that are alike in "purpose" is important when it comes to justifiable and equitable allocation
Beneficiary of Service
of subsidy, cost recovery levels, and assignment of budget and general ledger lines to account for a category’s fiscal performance. Service categorization can lead to the diminishing of special interests and social values that can drive arbitrary investment and revenue decision making. Beneficiary of Service Beneficiary of Service evaluates each service category based on who benefits, who should pay (and to what degree). Common Good services are accessible, of benefit to the community, and provide universal value. Essentially, they contribute to the “common good” and can be characterized as essentially having community-wide interest and far-reaching impacts. Exclusive Benefit services provide exclusive benefit to the individual(s) and can include constraints or barriers to access. Essentially, these services benefit the individual more than the community as a whole and can be characterized as discretionary with less of a community-wide impact. Cost of Service Analysis Completion of an operational cost-of-service analysis allowed the Department to understand its cost-of-service of doing business, ultimately revealing each service’s cost recovery and subsidy investment level. Operational revenues (fees and charges, sponsorships, grants, donations), direct costs (expenses associated with the delivery of a service; without the service, the cost would not exist) and indirect costs (expenses that would exist with or without the provision of any one service) that the Department provided were captured and attributed to all services as part of this work, providing several insights that would inform the design and development of the Financial Sustainability Strategy.
Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Beneficiary of Service The development of categories which include services that are alike in "purpose" is important when it comes to justifiable and equitable allocation of subsidy, cost recovery levels, and assignment of budget and general ledger lines to account for a category’s fiscal performance. The benefits of this type of approach are two-fold: 1. It is inefficient for the department to determine cost recovery expectations by each individual service including facility, activity, or event 2. Categorizing by “type of service” or “likeness of service” discourages attempts to determine fees and charges (and therefore cost recovery decisions) based upon special interests, agebased services, or individual values. Service Categories are listed in order from those perceived to be Common Good Services (#1) to those seen as providing a more Exclusive Benefit (#14). Common Good Services or cause and purpose driven services intend to impact social, economic, and environmental issues and needs and align with the fundamental purpose and mission of the department. Typically, there are no like services provided by the non-profit/NonGovernmental Organizations (NGO) or private sectors. Exclusive Benefit Services or specialized services, intend to serve personal interests. Typically, there is competition with the non-profit/ Non-Governmental Organizations (NGO) and private sectors which offer like services. Common Good Services (justification for greater subsidy investment)
Exclusive Benefit Services (justification for greater cost recovery expectations)
Community building
Individualized, special interest
Provides accessibility to marginalized/under-represented populations
Requires higher competency/ability level to participate
Broad appeal to a wide audience
Individualized services are often accessible outside of the parks and recreation system
Services contribute to greater equity, cultural awareness, and make EVERYONE’s life better
Specialized activities
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Service Categories 1.
Open Access Activities Self-directed activity in parks and park areas that does not include supervision or oversight by staff and/or volunteers. Examples: Parks, Cemeteries, Playgrounds, Splash Pads, Trails, Griffy Lake, Disc Golf, Outdoor Sports Courts, public art, Winter Wander Challenge, Fitness Stations
2.
Community Events Events planned to be appealing and accessible to a majority of/or the entire community, regardless of age, ability/skill, and/or family composition. Examples: Fourth of July Parade, Performing Arts Series, Farmers’ Market, A Fair of the Arts, Movies in the Park
3.
Drop-in Activities Self-directed structured activities which do not require registration or instruction but do include supervision or oversight by staff and/or volunteers. Examples: Drop-in Hockey, Group Skating, Little Tyke Programs for Preschoolers at Banneker, Open Court Play (Volleyball/Pickleball /Basketball), Open Swim
4.
Beginner/Introductory Level Activities Classes, clinics, workshops, and other led and/or instructed activities in which the primary intent is to introduce participants to a skill at a learn-to level. Examples: Skating school level 1-4, You Too Can Canoe!, Learn to Swim, SUP Learn to Paddle, Beginning Yoga, Beginner Ballet/Tap, Beginning Tae Kwon Do
5.
Equity Activities Services that focus on addressing community inequities, providing for improved access to leisure opportunities, and connection to community resources. These services may be provided in response to climate/global emergencies. Examples: Banneker Community Garden, Stay Cool Bloomington, Banneker Summer Camp, Underrepresented Gender Basketball, Sensory-Friendly Photos with Santa, Public Health in Parks (hearing, dental & vision screenings, and vaccine clinics)
6.
Enrichment Activities Classes, clinics, workshops, and other led and/or instructed activities designed to enhance socialization and life-skills development with a focus on education and life-long learning. Examples: Cooking Class, Gardening Class, Insect/Critter/Plant Workshops, Nature Identification Hikes, Maple Syrup Made Easy, Kid City Camps
7.
Special Events Events designed for a target market, market niche, and/or specific interest. Examples: 50+ Expo, Children’s Expo, Dearly Departed Cemetery Tours, Trick or Treat Trail, Drool in the Pool, Trivia Series, Touch a Truck
8.
Intermediate/Advanced Level Activities Classes, clinics, workshops, and other led and/or instructed activities in which the primary intent is to advance or master a skill. Examples: SUP Advanced Paddle, Youth Basketball Grades K-8, Tae Kwon Do- Advanced, Swim Lessons Level 3-4, Skating School Level 4-8, and Adult 2-3
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy 9.
Competitive Level Activities Leagues and team play are designed to be competitive in nature, where scoring is kept, and no instruction is provided. Examples: Softball Leagues, Adult Hockey
10. Rentals – Equipment Equipment rentals to facilitate use and access to recreation services such as skating, golf, and lake activities. Examples: Skate Rentals, Watercraft Rentals, Mobile Stage Rentals 11. Private/Semi-Private Activities Specialized classes, clinics, workshops, and other led and/or instructed activities offered in a private setting and designed to meet the unique interests and/or skill sets of individuals and small groups. Examples: Private Roving Naturalist Visit, Private First Aid/CPR Classes, Personal Training Sessions, Girl Scout Cooking Class 12. Rentals – Facilities Space and facility reservations for exclusive use by an individual or group. Examples: Sport Field/Court Rentals, Recreation Facility Rentals, Picnic Shelter Rentals, Garden Plot Rentals 13. Specialized Business Services Highly specialized amenities which offer expert instruction and/or experiences in unique environments, setting them apart from other departmental services. Specialized Business Services are aligned with those offered in the private sector and cater to specific market segments. Examples: Cascades Golf Course, Rose Hill and White Oak Cemeteries Burial Services, Twin Lakes Recreation Center 14. Sales Private or semi-private activities and instruction. Examples: private swimming lessons, Hunting Permits
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Cost of Service Analysis Completion of an operational cost-of-service analysis allowed the department to understand it cost of doing business, ultimately revealing each service’s cost recovery and subsidy investment level. Operational revenues (fees and charges, sponsorships, grants, donations), direct costs (expenses associated with the delivery of a service; without the service, the cost would not exist) and indirect costs (expenses that would exist with or without the provision of any one service) that the Department provided were captured and attributed to all services as part of this work, providing several insights that would inform the design and development of the Department’s Financial Sustainability Strategy.
SERVICE CATEGORIES ACTUAL TO TARGET COST RECOVERY % 110%
Target CR % 105%
Actual CR % 110% 100%
31%
27%
35%
16%
15%
20%
20%
30%
30%
30%
34%
40%
36%
50%
45%
46%
60%
55%
57%
65%
70%
67%
80%
84%
80%
85%
90%
1%
0%
1%
10% 0%
Actual CR %
1%
Community Events 34%
Target CR %
0%
15%
Open Access
46%
Beginner / Intro Activities 36%
Equity & Enrichment 30%
20%
30%
35%
Drop-in Activities
16%
Intermediate / Adv Activities 57%
Competitive Level Activities 27%
45%
55%
65%
Special Events
31%
Private Use Activities 1%
Specialized Business Services 67%
80%
85%
105%
Rentals
Sales 84% 110%
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Process The consulting team worked closely with the BPRD team to ensure all expenses and services were identified, and to develop meaningful divisions, facility, and park areas to facilitate the appropriate attribution of expenses to services. The result is a clear picture of the total cost-ofservice guiding the development of cost recovery/subsidy investment goals. Results Results of the analysis provide a comprehensive review of fiscal year 2024, encompassing January 1, 2024 – December 31, 2024. The full results from the analysis and interactive features are available in the Cost-of-Service Results excel file provided separately. Selected results from the analysis are included below. Summary of Results by Service Category
Service Category
Stats Participations/ Quantity Sold
Expenses
Total Revenue Direct - Service Direct - Facility
Subsidy Total Expense
Cost Recovery Results
Subsidy %
Cost Recovery %
Community Events
111,651 $
101,560 $
265,519 $
482 $
32,949 $
298,950 $
197,390
2%
34%
Drop-in Activities
90,044 $
353,861 $
372,271 $
316,328 $
85,295 $
773,893 $
420,032
5%
46%
Beginner / Intro Activities
2,183 $
118,358 $
237,173 $
52,745 $
35,911 $
325,830 $
207,472
2%
36%
Equity & Enrichment
4,696 $
200,897 $
536,728 $
54,012 $
73,173 $
663,913 $
463,016
5%
30%
Special Events
13,442 $
65,078 $
343,220 $
23,593 $
45,436 $
412,250 $
347,172
4%
16%
Intermediate / Adv Activities
300 $
40,754 $
41,101 $
23,059 $
7,947 $
72,108 $
31,354
0%
57%
Competitive Level Activities
106 $
54,147 $
125,640 $
55,288 $
22,411 $
203,339 $
149,192
2%
27%
Rentals
99,451 $
489,919 $
838,203 $
557,778 $
172,916 $
1,568,898 $
1,078,978
12%
31%
Private Use Activities
1,267 $
70 $
9,792 $
20 $
1,215 $
11,027 $
10,957
0%
1%
119,336 $
2,218,621 $
1,271,148 $
1,654,102 $
362,342 $
3,287,593 $
1,068,972
12%
67%
Specialized Business Services Sales
28,151 $
Total by Service Category
470,627
$
-
$
470,627
$
Open Access TOTAL
64,904 $ 3,708,169
$
50,715 $ 3,758,884
$
67,106 $ 4,107,903 4,107,903
Indirect
Subsidy Amount
1,345 $
$
2,738,752
$
$
4,247,243 $
$
6,985,996
$
8,479 $ 848,075
$
526,094 $ 1,374,169
$
76,930 $
12,026
0%
84%
$
3,986,561
46%
48%
4,773,337 $
4,722,622
54%
1%
12,468,068
8,709,184
100%
30%
7,694,731
$
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Summary of Results by Service Area Service Area
Stats Participations/ Quantity Sold
Expenses
Subsidy %
Cost Recovery %
3,011 $
76,592 $
243,935 $
155,147 $
49,433 $
448,514 $
371,922
4%
17%
Bryan Park Pool
91,637 $
286,720 $
234,798 $
157,425 $
48,584 $
440,807 $
154,087
2%
65%
Mills Pool
6,483 $
60,660 $
85,400 $
63,619 $
18,459 $
167,478 $
106,818
1%
36%
Banneker Community Center
11,600 $
105,056 $
273,497 $
72,273 $
42,829 $
388,599 $
283,543
3%
27%
Farmers' Market
85,903 $
61,080 $
147,275 $
-
$
18,242 $
165,517 $
104,438
1%
37%
Community Gardens
276 $
17,400 $
14,988 $
94,532 $
13,566 $
123,086 $
105,687
1%
14%
Cemeteries
40 $
32,625 $
12,812 $
19,247 $
3,971 $
36,030 $
3,405
0%
91%
Frank Southern Ice Arena
62,643 $
313,054 $
226,810 $
237,760 $
57,545 $
522,115 $
209,061
2%
60%
Cascades Golf Course
96,510 $
1,403,622 $
691,648 $
603,773 $
160,460 $
1,455,881 $
52,259
1%
96%
Health & Wellness
1,413 $
14,206 $
115,342 $
4,323 $
14,823 $
134,488 $
120,282
1%
11%
Youth Programs
1,312 $
179,438 $
340,467 $
13,343 $
43,825 $
397,635 $
218,197
3%
45%
Natural Resources
9,650 $
103,174 $
309,957 $
27,494 $
41,799 $
379,251 $
276,077
3%
27%
470 $
37,085 $
1,575 $
49,978 $
6,386 $
57,938 $
20,853
0%
64%
Switchyard Park
37,636 $
90,286 $
204,345 $
21,836 $
28,016 $
254,198 $
163,912
2%
36%
Twin Lakes Recreation Center
22,786 $
782,374 $
566,688 $
1,031,083 $
197,911 $
1,795,682 $
1,013,308
12%
44%
Youth Sports
Indirect
Total Expense
Cost Recovery Results
Adult Sports
Operations
Total Revenue Direct - Service Direct - Facility
Subsidy Subsidy Amount
787 $
48,379 $
185,885 $
166,188 $
43,610 $
395,683 $
347,303
4%
12%
Events
38,470 $
96,418 $
452,480 $
20,734 $
58,616 $
531,829 $
435,411
5%
18%
Total by Service Area
470,627
$
48%
-
$
470,627
$
Open Access TOTAL
3,708,169
$
4,107,903
50,715 $ 3,758,884
$
4,107,903
$
2,738,752
$
4,247,243 $
$
$
6,985,996
$
848,075
$
526,094 $ 1,374,169
$
$
3,986,561
46%
4,773,337 $
7,694,731
4,722,622
54%
1%
12,468,068
8,709,184
100%
30%
$
Expense Insights Expense insights provide context and a greater understanding of how the Department spends its operational budget. Results below detail the Department’s Divisions and category breakdown.
Division Summary Administration Adult Sports-Concessions Adult Sports-Softball Aquatics-Bryan Pool Aquatics-Health & Safety Aquatics-Mills Pool Aquatics-Pool Concessions Banneker Banneker Nature Day Banneker-Classes Cemeteries Community Events Community Events-Farmers' Market Community Events-Gardens Frank Southern Center Frank Southern Center-Concessions Golf Course-Pro Shop Golf Services Health & Wellness
Amount $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
837,029.91 298.79 303,396.56 348,965.07 1.74 147,557.40 45,059.57 339,796.80 4,853.98 1,821.13 206,016.35 433,240.65 147,274.80 90,887.97 456,812.00 7,869.11 85,683.38 1,209,737.67 115,342.48
% of Total Division Summary 6.71% 0.00% 2.43% 2.80% 0.00% 1.18% 0.36% 2.73% 0.04% 0.01% 1.65% 3.47% 1.18% 0.73% 3.66% 0.06% 0.69% 9.70% 0.93%
Amount
% of Total
345.92 96,919.98 511,113.76 441,616.07 2,107,629.61 1,574.63 19,239.22 806,100.36 47,769.42 58,983.60 56,391.84 1,434,870.38 624,156.89 933,709.16 772.35 143,826.79 112,430.96 53,934.19 235,037.17
0.00% 0.78% 4.10% 3.54% 16.90% 0.01% 0.15% 6.47% 0.38% 0.47% 0.45% 11.51% 5.01% 7.49% 0.01% 1.15% 0.90% 0.43% 1.89%
$ 12,468,067.66
100.00%
Hopewell Inclusive Recreation Marketing Natural Resources Operations Operations-Open Shelters Performing Arts Series Switchyard Property TLRC-Basketball TLRC-Concessions TLRC-Health & Wellness Twin Lakes Recreation Center Urban Forestry Urban Greenspaces Youth Expo-Childrens Expo Youth Services-Juke Box Youth Services-Kid City Camps Youth Sports-Olcott Youth Sports-Winslow
$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
Total Department
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Community Investment Strategy Bloomington Parks & Recreation’s Community Investment Strategies present the degree to which financial resources will be spent, and expenses will be recovered and managed. These strategies shift from those that might suggest all services should be provided at no or low cost to everyone to an equitable philosophy in which subsidy allocation decisions are based on “beneficiary of service”. In this conceptualization, each type of service has specific characteristics that provide a rationale for who should pay (e.g., taxpayers, the individual, or both) and to what extent. Ultimately, this aligns subsidy allocation, cost-recovery goals, and expectations with a service's beneficiary. Two Community Investment Strategies were developed as part of the master plan process. Below is the strategy for all Department service categories.
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy The alternative Community Investment Strategy was designed specifically for services within the Specialized Services Category (Cascades Golf Course, Rose Hill and White Oak Cemeteries Burial Services, Twin Lakes Recreation Center). Each of the Community Investment Strategies includes service categories and cost-recovery goals and serves as a graphic representation of the Department’s tax use and revenue enhancement philosophy.
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Results by Sub Service Area Adult Sports: 17% Overall Cost Recovery Cost Recovery Goal (Mid)
Variance From Goal (Mid)
26%
65%
-39%
10%
80%
-70%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Competitive Level Activities
Adult Sports
Adult Sports - Leagues
$
51,275
$
196,726
Rentals
Adult Sports
Adult Sports - Rentals
$
25,317
$
251,788
Bryan Park Pool: 65% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Drop-in Activities
Bryan Park Pool
BPP - Admissions
$
224,474
$
365,950
61%
20%
41%
Sales
Bryan Park Pool
BPP - Concessions
$
44,086
$
52,817
83%
110%
-27%
Rentals
Bryan Park Pool
BPP - Pool Rentals
$
6,875
$
6,701
103%
80%
23%
Beginner / Intro Activities
Bryan Park Pool
BPP - Swim Lessons
$
8,015
$
9,588
84%
30%
54%
Intermediate / Adv Activities
Bryan Park Pool
BPP - Swim Lessons
$
3,270
$
5,751
57%
55%
2%
Sub Service Area
Total Revenue
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Mills Pool: 36% Overall Cost Recovery Service Category
Service Area
Total Expense Cost Recovery %
Drop-in Activities
Mills Pool
MP - Admissions
$
56,028
$
160,861
35%
20%
15%
Sales
Mills Pool
MP - Concessions
$
3,057
$
4,841
63%
110%
-47%
Rentals
Mills Pool
MP - Pool Rentals
$
1,575
$
1,775
89%
80%
9%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Banneker Community Center: 27% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Equity & Enrichment
Banneker Community Center
Banneker - After School
$
47,667
$
92,212
52%
35%
17%
Equity & Enrichment
Banneker Community Center
Banneker - Camp
$
19,280
$
221,576
9%
35%
-26%
Equity & Enrichment
Banneker Community Center
Banneker - Classes & Events
$
556
$
9,562
6%
35%
-29%
Special Events
Banneker Community Center
Banneker - Classes & Events
$
270
$
673
40%
45%
-5%
Drop-in Activities
Banneker Community Center
Banneker - Classes & Events
$
1,545
$
2,663
58%
20%
38%
Rentals
Banneker Community Center
Banneker - Rentals
$
35,739
$
61,912
58%
80%
-22%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
15%
22%
Farmers’ Market: 37% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Community Events
Farmers' Market
Farmers' Market
$
$
61,080
165,517
37%
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Results by Sub Service Area Community Gardens: 14% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Rentals
Community Gardens
Garden Plot Rentals
$
$
17,400
123,086
14%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
80%
-66%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
105%
-14%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Cemeteries: 91% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Specialized Business Services
Cemeteries
Lots & Burial Services
$
$
32,625
36,030
91%
Frank Southern Ice Arena: 60% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Sales
Frank Southern Ice Arena
FSIA - Concessions
$
14,593
$
15,605
94%
110%
-16%
Drop-in Activities
Frank Southern Ice Arena
FSIA - Drop-in Ice Time
$
58,464
$
153,706
38%
20%
18%
Rentals
Frank Southern Ice Arena
FSIA - Drop-in Ice Time
$
16,907
$
18,328
92%
80%
12%
Competitive Level Activities
Frank Southern Ice Arena
FSIA - Hockey Leagues & Events
$
2,872
$
6,613
43%
65%
-22%
Beginner / Intro Activities
Frank Southern Ice Arena
FSIA - Hockey Leagues & Events
$
3,903
$
9,919
39%
30%
9%
Intermediate / Adv Activities
Frank Southern Ice Arena
FSIA - Hockey Leagues & Events
$
9,715
$
15,871
61%
55%
6%
Special Events
Frank Southern Ice Arena
FSIA - Hockey Leagues & Events
$
5,130
$
8,431
61%
45%
16%
Rentals
Frank Southern Ice Arena
FSIA - Ice Rink Rentals
$
84,720
$
94,840
89%
80%
9%
Beginner / Intro Activities
Frank Southern Ice Arena
FSIA - Ice Skating Lessons
$
31,869
$
82,125
39%
30%
9%
Intermediate / Adv Activities
Frank Southern Ice Arena
FSIA - Ice Skating Lessons
$
12,099
$
30,658
39%
55%
-16%
Rentals
Frank Southern Ice Arena
FSIA - IU Ice Rink Rentals
$
65,280
$
72,031
91%
80%
11%
Sales
Frank Southern Ice Arena
FSIA - Pro Shop & Skate Sharpening
$
3,169
$
3,667
86%
110%
-24%
Rentals
Frank Southern Ice Arena
FSIA - Room Rentals
$
4,335
$
10,320
42%
80%
-38%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Cascades Golf Course: 96% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Specialized Business Services
Cascades Golf Course
Golf - Classes
$
31,610
$
31,930
99%
105%
-6%
Specialized Business Services
Cascades Golf Course
Golf - Concessions
$
117,148
$
85,787
137%
105%
32%
Specialized Business Services
Cascades Golf Course
Golf - Driving Range
$
76,576
$
74,792
102%
105%
-3%
Specialized Business Services
Cascades Golf Course
Golf - Equip & Locker Rentals
$
351,293
$
256,603
137%
105%
32%
Specialized Business Services
Cascades Golf Course
Golf - Green Fees & Memberships
$
678,249
$
871,693
78%
105%
-27%
Specialized Business Services
Cascades Golf Course
Golf - Pro Shop Sales
$
131,188
$
116,631
112%
105%
7%
Specialized Business Services
Cascades Golf Course
Golf - Room Rentals
$
17,557
$
18,445
95%
105%
-10%
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Supplement D: Financial Sustainability Strategy Report
Financial Sustainability Strategy Results by Sub Service Area Health & Wellness: 11% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Beginner / Intro Activities
Health & Wellness
Private Use Activities
Health & Wellness
Equity & Enrichment Special Events
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
8%
30%
-22%
6%
85%
-79%
10,723
5%
35%
-30%
4,749
79%
45%
34%
Cost Recovery Goal (Mid)
Variance From Goal (Mid) -22%
Total Revenue
Total Expense Cost Recovery %
HW - Classes & Events
$
9,870
$
117,820
HW - Classes & Events
$
70
$
1,196
Health & Wellness
HW - Classes & Events
$
526
$
Health & Wellness
HW - Classes & Events
$
3,740
$
Youth Programs: 45% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Rentals
Youth Programs
AJB - Rentals
$
1,935
$
3,354
58%
80%
Equity & Enrichment
Youth Programs
Kid City
$
100,686
$
274,565
37%
35%
2%
Beginner / Intro Activities
Youth Programs
LMSA
$
60,180
$
84,642
71%
30%
41%
Intermediate / Adv Activities
Youth Programs
LMSA
$
15,610
$
18,671
84%
55%
29%
Equity & Enrichment
Youth Programs
YP - Classes & Events
$
952
$
11,154
9%
35%
-26%
Beginner / Intro Activities
Youth Programs
YP - Classes & Events
$
75
$
5,249
1%
30%
-29%
Cost Recovery Goal (Mid)
Variance From Goal (Mid)
Natural Resources: 27% Overall Cost Recovery Service Category
Service Area
Sub Service Area
Total Revenue
Total Expense Cost Recovery %
Drop-in Activities
Natural Resources
Boat Launch Fees
$
13,350
$
90,713
15%
20%
-5%
Equity & Enrichment
Natural Resources
NR - Classes & Events
$
31,231
$
44,121
71%
35%
36%
Beginner / Intro Activities
Natural Resources
NR - Classes & Events
$
4,446
$
16,486
27%
30%
-3%
Private Use Activities
Natural Resources
NR - Classes & Events
$
-
$
9,831
0%
85%
-85%
Intermediate / Adv Activities
Natural Resources
NR - Classes & Events
$
60
$
1,157
5%
55%
-50%
Rentals
Natural Resources
Watercraft Rentals
$
54,087
$
216,943
25%
80%
-55%
13