2024-02-12 STMA Arena Board Packet
STMA ARENA BOARD AGENDA
Monday, February 12, 2024
Albertville City Hall Council Chambers
6 pm
1. Call to Order
2. Adopt Agenda
3. Approval of the STMA Arena Board Minutes – JANUARY 8, 2024 (pgs. 1-4)
4. Finance Reports
a. Approve the January 2024 Payment of Claims as presented in the amount of
$42,147.07 and January 2024 Finance Report (pgs. 5-8)
5. Arena Manager
a. Monthly Report and Ice Usage Stats – January 2024 (pgs. 9-12)
6. Old Business
7. New Business
a. Review Draft 2024 Preliminary Budget and Discuss 2024/2025 Rates (pgs.13-14)
8. STMA Youth Hockey Association
9. Announcements and/or Upcoming Meetings
March 11 STMA Arena Board, 6 pm
10. Adjournment
ST. MICHAEL-ALBERTVILLE ARENA BOARD
REGULAR MEETING MINUTES January 8, 2024 - 6pm
Council Chambers
Albertville City Hall
1.Call to Order
Chairman Cocking called the meeting to order at 6:00 pm.
2.Roll Call
Present: Chairman Cocking, Members Gleason, Wettschreck, Dwinnell (arrived at 6:01pm),
Lewis, Weber and Zagorski. Absent: None.
Also Present: City Administrator Nafstad, Finance Clerk Moseng, STMA Arena Manager Fitch,
Megan Esterberg for STMA Youth Hockey, Rick Aulwas Buildings & Grounds for STMA
School District.
3.Adopt Agenda
Nafstad stated there was one correction to Agenda. The Finance Report is correct in the packet,
but the Agenda has the incorrect amount listed. The amount for the List of Claims should be
listed as $69,131.89. Chairman Cocking asked for any additional changes. Nafstad stated there
were none.
MOTION made by Member Zagorski, seconded by Member Gleason to adopt the Agenda as
presented. Ayes: Cocking, Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays:
None. Absent: None. The motion carried.
4.Approval of Minutes
MOTION made by Member Lewis, seconded by Member Wettschreck to approve the minutes
of the December 11, 2023 Board Meeting Minutes as presented. Ayes: Cocking, Gleason,
Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: None. The motion
carried.
5.Finance Reports
Mr. Nafstad reported that there was nothing out of the ordinary to report. He pointed out the
report is not the year end balances as all of the December accounts payable invoices have not yet
been received from the vendors. He did mention that the receivable is included in the December
year to date. Ice Rental appears about $20,00 over the budget projection, concession is
approximately $10,000 over projected. Nafstad stated it appears the arena will finish out the year
in the black and the February packet will reflect similar numbers. All in all, the Arena had a
successful year.
STMA Arena Board 02/12/24 1
STMA Arena Board January 8, 2024 Minutes
Page 2
Chairman Cocking asked about the projected net income. Nafstad stated that the funds will
remain in the General Fund. Nafstad noted when the general fund exceeds what is necessary for
operations, general funds can be transferred to capital funds.
Requested by Chairman Cocking to approve December 2023 List of Claims and Financial
Reports as presented. Member Weber made the MOTION, seconded by Member Lewis. Ayes:
Cocking, Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent:
None. The motion carried.
6.Arena Manager’s Report
Mr. Fitch reported the hours sold were right on projection. He clarified usage stats for STMA
Youth Hockey. The report shows time blocked including resurfacing time, so when you see the
minus sixty (60) that is removing the resurfacing time from their amount blocked/billed.
Member Dwinnell asked for clarification on the resurfacing time within the blocks sold to STMA
Youth Hockey. Fitch reported that STMA Youth Hockey buys a block of time, which includes
the resurfacing of the ice. He does not charge STMA Youth Hockey for the resurfacing therefore
it needs to be removed from their ice time sold. He is working with Finnley Software to have
those resurfacing hours removed from their Usage Stats Report because STMA Youth Hockey is
the only group that schedules their own blocks of ice time. It is more of a software issue than ice
time sold.
Ice Rates are given to the board early this year, typically they aren’t given until February or
March. He pointed out the 2023-2024 Season is actual from the MIAMA Actual report. Most
rinks are looking at a $5-10 increase. During the February meeting, the Board will be looking at
a draft budget and will review the rates at that time.
Fitch commented that Open Skate was well attended over the holiday. With no ice outdoors, he
estimates they had about 20 kids use the arena.
Fitch reported that the scoreboard has been ordered and should arrive end of February. He is
working with the school on the lift for install.
Fitch commented that he did have a STMA Youth Hockey donation check banner made and is
now displayed in the lobby. He again thanked STMA Youth Hockey for the donation.
7.Old Business
Low-E Ceiling Energie Innovation, Inc: Mr. Fitch commented that paperwork was submitted to
Xcel for the rebates just before the holiday. He is waiting for actual rebate numbers to come
back. He doesn’t want to report false information to the board, but before the rebates, Fitch feels
they should be at the approximated $70,000 with no rebates. His main concern is the install
timeline. Options would be in March, when STMA Youth Hockey ends, he could pull the ice and
then put it right back. Or he could do it end of May before Summer camp starts, but he does need
a 4-6 week lead-time for install. Regarding rebates, Fitch shared that Xcel’s preliminary rebate
projection was approximately $35,000. Nafstad stated that the Xcel rebates are real, but
sometimes they take a very long time to receive. Realistically it could take 1-2 years to receive
STMA Arena Board 02/12/24 2
STMA Arena Board January 8, 2024 Minutes
Page 3
the rebates. Chairman Cocking mentioned that even if we don’t receive the rebates, we would
recover the funds over the next couple of years just in energy savings.
Nafstad reported that the funds would come out of the Dedicated Capital Fund. The Fund is for
projects like this. The current Capital Improvement Plan (CIP) includes priorities such as low-e
ceiling, replacement of the old re-surfacer and rubber matting. In discussion with Arena staff and
trying to prioritize projects: the re-surfacer is critical to operations, the matting will be a slow
process over time, the low-e ceiling has been on the list for a long time. Nafstad felt with the
potential of the possible payback via rebate this would be a good investment for the facility to do
the low-e ceiling at this time. Chairman Cocking stated he would like to apply the energy cost
savings to capital reserves on future budgets.
Regarding off peak usage and the ability to take the ice out in the summer, Nafstad stated the
Arena is dependent on the Spring/Summer ice on the second sheet, which hasn’t always been the
case. There is a higher demand for summer ice and taking out the second sheet would have a
financial impact on operations. Dwinnell asked if FIT is adding hours for this season. Grant
responded that they are adding approximately 1 hour added to what they did last year.
Member Lewis asked if an annual utility comparison could be brought back in February 2025 to
see what the numbers are.
MOTION made by Member Zagorski, seconded by Dwinell to approve the Energie Innovation,
Inc quote #2023-1567 for $70,790 for installation of Astro-Rink reflective insulated ceiling.
Ayes: Cocking, Wettschreck, Gleason, Dwinnell, Lewis, Weber, Zagorski. Nays: None. Absent:
None. The motion carried.
Chairman Cocking questioned the pricing on a re-surfacer. Nafstad stated a new re-surfacer is
approximately $200,000. Nafstad added rubber matting would be at least $150,000. Everything
has gone up in pricing from what is currently listed on the CIP. Fitch stated that the nice thing on
the rubber matting is that it could be replaced in stages throughout the building. They are
managing with it currently, it is hard to scrub, but they are managing.
Member Lewis asked on timing for the re-surfacer. Fitch stated maybe 1.5-2 years. Nafstad
stated that the old re-surfacer is in great repair. The current machine is propane; motivation is to
do without propane, air quality and reporting/testing. Cocking stated that there may not be much
of a market value for resale on the current machine, therefore it may be beneficial to keep for
emergency purposes. Further discussion on the re-surfacer will be brought back at a later time.
8.New Business
9.Youth Hockey Association
Megan provided feedback from the Youth Hockey Association and asked the Arena Board to
consider the following: cleaning of carpet and upholstery in community room, and adding
window coverings in the community room. Fitch replied that he will get the carpet cleaned and
Chairman Cocking asked for a couple options to be brought back to the board regarding window
coverings.
STMA Arena Board 02/12/24 3
STMA Arena Board January 8, 2024 Minutes
Page 4
10.Announcements and/or Upcoming Meetings
February 12 STMA Arena Board, 6 pm
11.Adjournment
MOTION made by Member Gleason, seconded by Member Wettschreck to adjourn at 6:32 pm.
Ayes: Cocking, Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None.
Absent: None. The motion carried.
Respectfully submitted,
_________________________________
Kristie Moseng, Finance Clerk
STMA Arena Board 02/12/24 4
STMA Arena Budget to Actual January 2024 (Cash Basis)
STMA Arena
2024 Prelim
Budget
January 2024
Actual
2024 Actual
YTD 1/31/24
2024 YTD
% of
Budget
Income
Ice Rental $729,385.00 $1,433.62 $1,433.62 0.20%
Concessions $80,000.00 $22,020.85 $22,020.85 27.53%
Room Rental $0.00 $0.00 $0.00
Other Revenues (Advertising/LMC/Ins Claims/ATM $22,500.00 $0.00 $0.00 0.00%
Vending $2,300.00 $95.80 $95.80 4.17%
Open Skate/Hockey, etc.$9,000.00 $380.00 $380.00 4.22%
Reimbursement $0.00 $0.00 $0.00 0.00%
Misc. Revenue $0.00 $0.00 $0.00 0.00%
Total Income $843,185.00 $23,930.27 $23,930.27 2.84%
Expenses
Salaries, Wages, Taxes & Benefits $336,964.16 $33,374.37 $33,374.37 9.90%
Supplies (Office, Misc.)$500.00 $0.00 $0.00 0.00%
Supplies (Concession)$44,500.00 $7,071.33 $7,071.33 15.89%
Fuel, Misc.$500.00 $0.00 $0.00 0.00%
Professional Services $20,000.00 $940.23 $940.23 4.70%
Sales Tax $7,304.00 $501.79 $501.79 6.87%
Telephone $1,750.00 $0.00 $0.00 0.00%
Monitoring $250.00
Electric $175,000.00 $0.00 $0.00 0.00%
Gas $72,900.00 $0.00 $0.00 0.00%
Water $12,500.00 $852.47 $852.47 6.82%
Refuse $8,500.00 $414.28 $414.28 4.87%
Insurance $37,800.00 $0.00 $0.00 0.00%
Education/Training $500.00 $0.00 $0.00 0.00%
Administration $15,546.22 $1,257.79 $1,257.79 8.09%
Misc.$5,700.00 $1,828.00 $1,828.00 32.07%
Repair Maintenance – Machinery $20,000.00 $670.80 $670.80 3.35%
Repair Maintenance – Building $75,000.00 $4,628.47 $4,628.47 6.17%
Total Operating Expenses $835,214.38 $51,539.53 $51,539.53 6.17%
Net Income/Loss $7,970.62 ($27,609.26) ($27,609.26)
STMA Arena Board 02/12/24 5
STMA Arena Board Finance Reports
January 2024
STMA ARENA CASH BALANCES AND RECEIVABLES
January 31, 2024
Cash Balance Operations
Est.Cash Balance Operations 1/1/24 276,471$
Add 2023 Revenues Collected 2024 101,205$
Less 2023 payables 33,478$
Add Revenues 23,930$
Less Expenses 51,540$
Est. Cash Balance Operations 1/31/24 316,588$
Accounts Receivable (invoiced)
January 31, 2024 - $111,679.26
Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over
Hockey Finder 3,457.48$ 1,975.70$ 1,481.78$
ISD #885 1,830.00$ 1,830.00$
MN Lakers 1,481.78$ 1,481.78$
NWCRH Girls Varsity 8,372.50$ 8,372.50$
STMA Boys High School Team 11,092.50$ 11,092.50$
STMAYHA 85,445.00$ 85,445.00$
Total 111,679.26$ 110,197.48$ 1,481.78$ -$ -$
Current 0-30 days $110,197.48 98.67%
30-60 days $1,481.78 1.33%
60-90 days $0.00 0.00%
over 90 day $0.00 0.00%
Cash Balance Dedicated Capital Improvement Fund
Arena Owner Dedicated Cap. Imp. Fund
Est. Beginning Balance 1/1/24 $265,346
I nvoiced St. Michael $15,000 $15,000
Invoiced ISD 885 $15,000 $15,000
Invoiced City of Albertville $15,000 $15,000
Donations Albertville Utility Billing
Balance 1/31/24 310,346$
STMA Arena Board 02/12/24 6
STMA Arena Board Finance Reports
January 2024
STMA Arena Vendor Check Detail Register
January 2024
13372 e 01/02/24 MET LIFE LIFE INSURANCE
E 810-00000-130 Employer Paid Ins $444.06 Emp Life, Dental, Dis, Vision
13390 e 01/05/24 ELAN FINANCIAL SERVICES
E 810-00000-405 R/M - Buildings $488.85 Misc Supplies & Materials
E 810-00000-405 R/M - Buildings $196.00 Misc Supplies & Materials
E 810-00000-405 R/M - Buildings $422.69 Misc Supplies & Materials
E 810-00000-405 R/M - Buildings $3.92 Misc Supplies & Materials
13391 e 01/16/24 ARAMARK-ARENA
E 810-00000-405 R/M - Buildings $48.60 2530224760 Janitorial Supplies
13401 e 01/16/24 SCR, INC
E 810-00000-405 R/M - Buildings $2,873.75 C009923 Monthly Blanket - Jan 2024
13402 e 01/16/24 WATSON COMPANY, INC
E 810-00000-252 Food/Concessions-Resale $1,134.84 139319 Arena Concessions
13405 e 01/10/24 CITY OF ALBERTVILLE
E 810-00000-412 Building Rentals/Admin Fee$1,257.79 JANUARY 2024 01/24 Arena Admin Fee
13407 e 01/10/24 CITY OF ALBERTVILLE
E 810-00000-382 Water Utilities $200.04 Water Bill 12/19/23 87-0000310-00-5
E 810-00000-382 Water Utilities $652.43 Water Bill 12/19/23 87-0000315-00-0
13415 e 01/01/24 SIGNAPAY
E 810-00000-300 Professional Svcs $688.23 JANUARY 2024 Arena CC Merchant Fee
13418 e 01/22/24 MN DEPARTMENT OF REVENUE
E 810-00000-315 Sales Tax $501.79 JANUARY 2024 Arena Sales Tax
13421 e 01/25/24 ARAMARK-ARENA
E 810-00000-405 R/M - Buildings $48.60 2530227607 Janitorial Supplies
E 810-00000-405 R/M - Buildings $48.60 2530230121 Janitorial Supplies
13425 e 01/25/24 COMPASS GROUP USA, INC
E 810-00000-254 Soft Drinks/Mix-Resale $1,109.79 MSP87911 Arena Concessions
13429 e 01/25/24 GREAT LAKES COCA COLA DISTRIBUTION
E 810-00000-254 Soft Drinks/Mix-Resale $304.00 39416636019 Arena Concessions
E 810-00000-254 Soft Drinks/Mix-Resale $1,029.72 39510397015 Arena Concessions
13435 e 01/25/24 WATSON COMPANY, INC
E 810-00000-252 Food/Concessions-Resale $1,436.96 139477 Arena Concessions
E 810-00000-252 Food/Concessions-Resale $2,056.02 139636 Arena Concessions
42699 01/04/24 CARD SERVICES
E 810-00000-252 Food/Concessions $26.90 DEC 23 Arena Concessions
E 810-00000-252 Food/Concessions $26.90 DEC 23 Arena Concessions
42704 01/04/24 FERRELLGAS LP
E 810-00000-212 Motor Fuels $130.98 2035399652 Propane
STMA Arena Board 02/12/24 7
STMA Arena Board Finance Reports
January 2024
42707 01/04/24 HILLYARD, INC.
E 810-00000-404 R/M – Machinery/Equip $2,771.91 605348676 Janitorial Supplies
42711 01/04/24 MR CUTTING EDGE LLC
E 810-00000-404 R/M – Machinery/Equip $71.00 6197 Equipment Repair
42715 01/04/24 STMA HOCKEY BLUE LINE
E 810-00000-405 R/M – Building/Maint $80.00 DEC 23 Misc Supplies & Materials
42718 01/10/24 ACE OF ALBERTVILLE - ARENA
E 810-00000-405 R/M – Buildings/Maint $44.97 130389/1 Janitorial Supplies
42722 01/10/24 ARAMARK-ARENA
E 810-00000-405 R/M – Buildings/Maint $48.60 2530222362 Janitorial Supplies
42724 01/10/24 CENTERPOINT ENERGY
E 810-00000-383 Gas Utilities $6,853.44 DEC 23 5898 Lachman Ave 11/28/23-12/27/23
42729 01/10/24 MECHANICAL ENERGY SYSTEMS
E 810-00000-405 R/M – Buildings/Maint $1,167.46 F-32791 Gold Rink Dehumidification Repair
42730 01/10/24 PREMIUM WATERS INC
E 810-00000-405 R/M – Buildings/Maint $23.97 802827-12-23 Bulk Water 12/5/23
42733 01/10/24 AMERICAN SUPPLY GROUP INC.
E 810-00000-405 R/M - Buildings $414.86 1219231237 Janitorial Supplies
42735 01/10/24 BANYON DATA SYSTEMS
E 810-00000-300 Professional Svcs $252.00 164810 Fund, Payroll & UB Support
42736 01/10/24 BROADCAST MUSIC, INC.
E 810-00000-433 Dues & Subscriptions $1,828.00 51468830 Estimated Fee 1/1/24-12/31/24
42750 01/10/24 STEP SAVER, INC.
E 810-00000-405 R/M - Buildings $82.60 169928 Bulk Salt-East
42751 01/10/24 WASTE MANAGEMENT
E 810-00000-384 Refuse/Garbage Disposal $414.28 7876317- Trash Removal 1/1/24-1/31/24
42755 01/17/24 CTM SERVICES, INC
E 810-00000-404 R/M – Machinery/Equip $684.67 6786 Equipment Repair
42769 01/24/24 WRIGHT-HENNEPIN COOP ELECTRIC
E 810-00000-327 Monitoring $10.74 35031043965 Elevator Monitoring
42770 01/24/24 XCEL ENERGY
E 810- 00000-381 Electric Utilities $11,596.31 861656943 Arena 12/7/23-1/9/24
42774 01/24/24 HILLYARD, INC.
E 810-00000-404 R/M - Machinery/Equip $191.80 605356731 Janitorial Supplies
E 810-00000-404 R/M - Machinery/Equip $479.00 605359758 Janitorial Supplies
810 STMA Arena $42,147.07
STMA Arena Board 02/12/24 8
MANAGER’S GENERAL UPDATE
Date: February 12th, 2024
To: STMA Arena Board
From: Grant Fitch, STMA Arena Manager
ARENA MONTHLY RENTAL HOURS – JANUARY
User Hours Sold
STMAYHA 440.5 hours Actual (369) 71.5 hours Resurface times
AAA 0 hours
HS Boys/Girls 80.50 hours
Adult Hockey 8 hours
Public Skating/OH 6 hours
Private rentals 14.50 hours
__________________________________________________________________
Total Hours 549.50 Actual (478)
January Budget Projection 440
February Projected 415
**Billed Hours for November 2023 472
**Public Skating/OH ($5-$10/Head) 6
Ice Rates: For the Board’s use, tabulated below is a summary of current and past rates for local
arenas. It should be noted most of the arenas surveyed also offer a spring/summer rate averaging
$190/hr and is the same as there winter non-prime. Rates for the 2023-24 season are actual and
taken from the MIAMA annual survey. Rates don’t include sales tax. Rates for the 2024-25 are
projected to go up $5 to $10 based on past trends and increased gas/electric
Ice Rates 2023-24 Season 2022-23 Season 2021-22 Season
Rogers A=$225/B=$170 A=$220/B=$165 A=$210/B=$160
Monticello A=$220/B=$185 A=$215/B=$185 A=$210/B=$160
Buffalo A=$235/B=$183 A=$228/B=$177 A=$210/B=$165
Elk River A=$235/B=$175 A=$230/B=$175 A=$215/B=$160
Delano A=$275/B=$235 A=$265/B=$220 A=$215/$185
Maple Grove A=$235/B=$195 A=$230/B=$190 A=$220/B=$180
Plymouth A=$260/B=$210 A=$245/B=$200 A=$230
Sartell A=$215/B=$185 A=$185 A=$205/$185
St Cloud MAC A=$190 A=$185 A=$185
Blain Super Rink A=$235 A=$230/$165 A=$225
STMA A=$230/B=$175 A=$225/B=$170 A=$220/B=$165
Operations: Ice out Gold Rink (March 4th or the 11th through April 8th 2024)
New Scoreboard West End Blue Rink: Should be delivered week of February 26th 2024. I will
work with the school to coordinate delivery of the scissor lift once the Scoreboard is on site.
Once it is hung up on the wall, I will reach out to schedule the install of 2 independent Electrical
lines
STMA Arena Board 02/12/24 9
STMA Ice Arena Board
February 12th, 2024 Agenda
Page 2 of 2
Astro-Rink Low-e Ceiling: Install scheduled for Mid-March 2024
Community Room Window Treatments: Met with Rick Aulwes after the last Arena Board
meeting to discuss options. We will bring info to the meeting
STMAYHA: Riverhawk Rumble Girls Tournament was held January 19th through the 21st 2024.
Tournament was well attended. Total of 20 teams participated
STMA High School Boys: Parking is always an issue for High School games. Would like to
have the Gold available for youth hockey practices (Only) and no Mites or Youth Hockey games
when HS games are being held at STMA Arena. Looking for Board direction
STMA Arena Usage Statistics: Attached are the Blue and Gold Rink hours for January 1st to
January 31st 2024
STMA Arena Board 02/12/24 10
Usage Statistics - Account
1/1/2024 to 1/31/2024 No Time restrictions
All Days of the Week
Selected Facilites
Account Type/Account Hours % Hours Fee Other Tax Total % Total
Adult Hockey 7.00 2.541%$1,610.00 $0.00 $118.72 $1,728.72 3.057%
Hockey Finder (HF)7.00 2.541%$1,610.00 $0.00 $118.72 $1,728.72 3.057%
High School Hockey 56.75 20.599%$14,002.50 $0.00 $0.00 $14,002.50 24.759%
NWCRH Girls JV/Varsity Hockey 24.25 8.802%$5,957.50 $0.00 $0.00 $5,957.50 10.534%
STMAHS JV/Varsity Boys 32.50 11.797%$8,045.00 $0.00 $0.00 $8,045.00 14.225%
Private Rental 7.25 2.632%$1,606.15 $0.00 $118.43 $1,724.58 3.049%
Private Rental - Taxable 1.25 0.454%$287.50 $0.00 $21.20 $308.70 0.546%
Thirsty Thursday 3.00 1.089%$628.65 $0.00 $46.35 $675.00 1.194%
Wyatt Thole Training 3.00 1.089%$690.00 $0.00 $50.88 $740.88 1.310%
Public Sessions 4.50 1.633%$0.00 $0.00 $0.00 $0.00 0.000%
Open Skate 4.50 1.633%$0.00 $0.00 $0.00 $0.00 0.000%
Youth Hockey 200.00 72.595%$39,100.00 $0.00 $0.00 $39,100.00 69.135%
STMAYHA 200.00 72.595%$39,100.00 $0.00 $0.00 $39,100.00 69.135%
275.50 $56,318.65 $0.00 $237.15 $56,555.80
Generated By FinnlySport on 2/7/2024 10:15 PM
Blue Rink
STMA Arena Board 02/12/24 11
Usage Statistics - Account
1/1/2024 to 1/31/2024 No Time restrictions
All Days of the Week
Selected Facilites
Account Type/Account Hours % Hours Fee Other Tax Total % Total
Adult Hockey 1.00 0.365%$230.00 $0.00 $16.96 $246.96 0.459%
Hockey Finder (HF)1.00 0.365%$230.00 $0.00 $16.96 $246.96 0.459%
High School Hockey 23.75 8.668%$5,462.50 $0.00 $0.00 $5,462.50 10.145%
NWCRH Girls JV/Varsity Hockey 10.50 3.832%$2,415.00 $0.00 $0.00 $2,415.00 4.485%
STMAHS JV/Varsity Boys 13.25 4.836%$3,047.50 $0.00 $0.00 $3,047.50 5.660%
Private Rental 7.25 2.646%$1,667.50 $0.00 $122.96 $1,790.46 3.325%
Minnesota Lakers 6.00 2.190%$1,380.00 $0.00 $101.76 $1,481.76 2.752%
Private Rental - Taxable 1.25 0.456%$287.50 $0.00 $21.20 $308.70 0.573%
Public Sessions 1.50 0.547%$0.00 $0.00 $0.00 $0.00 0.000%
Open Skate 1.50 0.547%$0.00 $0.00 $0.00 $0.00 0.000%
Youth Hockey 240.50 87.774%$46,345.00 $0.00 $0.00 $46,345.00 86.071%
STMAYHA 240.50 87.774%$46,345.00 $0.00 $0.00 $46,345.00 86.071%
274.00 $53,705.00 $0.00 $139.92 $53,844.92
Generated By FinnlySport on 2/7/2024 10:17 PM
Gold Rink
STMA Arena Board 02/12/24 12
2024 Preliminary Budget
Date: February 8, 2024
To: STMA Arena Board
From: Adam Nafstad, City Administrator
Attached is the Preliminary 2024 Arena Budget.
Budgeted income is primarily based on ice rental, which assumes ice utilization similar to 2023
and includes a $5 per hour rate increase.
Rental Rates
Current Proposed
Prime Rate (9/1/24 to 3/15/25) $230 $235
High School Game Rate $270 $275
School Day Rate (8:30-3:00) effective 9/1/24 $155 $160
Summer Rate (0 to 200 hrs) effective 9/1/24 $175 $180
Summer Rate (Over 200 hrs) $155 $160
Expenses generally include staffing, and projected supply, utility and maintenance costs. The
budgeted expenses are based on historical costs and/or estimated utility and service estimates.
The 2024 Preliminary Budget projects total income in the amount of $843,185, and total
operating expenses in the amount of $835,214, resulting in net income of $7,971.
The $5 per hour rate increase amounts to $8,115 for 2024. Without the proposed increase, the
budget would reflect a net loss of approximately $144.
This past October, options to reduce the School’s ice rates (game and practice) were reviewed.
All options reviewed, included increasing the prime rate to maintain necessary rental income.
The 2024 Preliminary Budget as presented does not include reductions to the School’s rates.
STMA Arena Board 02/12/24 13
2024 STMA Arena Board Preliminary Budget ($5/hr Increase)
2021 cash
basis Actual
2022 mod
accrual
12/31/22
2023 mod
accrual
12/31/23 2023 Budget
2024 Prelim
Budget
% change
from 2023 to
2024
Income
Ice Rental $594,177.29 $663,016.10 $731,984.43 $711,350.00 $729,385.00 2.54%
Concessions $30,328.90 $79,311.05 $86,017.01 $75,000.00 $80,000.00 6.67%
Room Rental $0.00 $0.00 $445.00 $0.00 $0.00
Other Revenues (Ad/LMC/Streaming TV) $22,906.42 $21,519.00 $22,546.95 $25,000.00 $22,500.00 -10.00%
Vending $1,331.55 $2,369.95 $2,631.75 $2,000.00 $2,300.00 15.00%
Open Skate/Hockey, etc. (off season fill in)$12,042.15 $8,994.08 $6,020.00 $9,000.00 $9,000.00 0.00%
Reimbursement $0.00 $8,121.58 $10,127.58 $0.00 $0.00
Misc. Revenue $130.00 $20.00 $0.00 $0.00 $0.00
Total Income $660,916.31 $783,351.76 $859,772.72 $822,350.00 $843,185.00 2.53%
Expenses
Salaries, Wages, Taxes & Benefits $270,711.46 $283,039.62 $302,317.72 $299,940.88 $336,964.15 12.34%
Full Time Wages $153,798.51 $138,116.34 $150,922.15 $149,250.00 $156,077.98 4.57%
Part-Time Wages $35,036.50 $68,318.54 $87,096.40 $83,000.00 $90,000.00 8.43%
PERA $12,106.15 $11,562.87 $13,773.87 $13,068.75 $18,455.85 41.22%
FICA $12,544.86 $13,663.20 $16,988.58 $17,767.13 $18,824.97 5.95%
H.S.A $3,075.95 $4,106.63 $4,631.59 $4,555.00 $6,155.36 35.13%
Insurance employer $5,500.00
Health employer $51,648.55 $45,324.90 $26,957.99 $30,000.00 $40,000.00 33.33%
Cell Phone $2,500.94 $1,947.14 $1,947.14 $2,300.00 $1,950.00 -15.22%
Supplies (Office, Misc.) $453.59 $60.61 $158.68 $1,000.00 $500.00 -50.00%
Supplies (Concession) $15,713.01 $37,835.36 $38,917.86 $37,700.00 $44,500.00 18.04%
food $13,955.64 $29,113.99 $24,855.93 $29,000.00 $29,000.00 0.00%
soft drinks $1,757.37 $8,721.37 $14,061.93 $8,700.00 $15,500.00 78.16%
resale $0.00 $0.00 $0.00 $0.00 $0.00 0.00%
Fuel, Misc. $335.64 $389.56 $337.72 $500.00 $500.00 0.00%
Professional Services $20,592.22 $23,795.32 $16,361.35 $27,500.00 $20,000.00 -27.27%
Professional Services $7,905.44 $11,736.00 $6,759.22 $15,000.00 $9,000.00 -40.00%
Audit $10,050.53 $11,376.82 $9,602.13 $12,000.00 $10,500.00 -12.50%
legal $2,636.25 $682.50 $0.00 $500.00 $500.00 0.00%
Sales Tax $2,625.35 $7,788.40 $7,442.45 $6,880.00 $7,304.00 6.16%
Telephone $2,099.92 $1,867.36 $1,442.13 $2,000.00 $1,750.00 -12.50%
Monitoring $250.00
Electric $142,188.69 $161,553.59 $157,792.00 $179,324.48 $175,000.00 -2.41%
Gas $53,087.26 $78,722.74 $65,177.04 $87,382.24 $72,900.00 -16.57%
Water $7,506.79 $8,874.82 $10,364.77 $10,000.00 $12,500.00 25.00%
Refuse $2,502.49 $9,097.14 $7,969.33 $7,500.00 $8,500.00 13.33%
Insurance $21,280.00 $27,501.00 $34,664.00 $29,387.42 $37,800.00 28.63%
Workers Comp $7,691.00 $8,574.00 $9,114.00 $9,387.42 $9,700.00 3.33%
Property $13,589.00 $18,927.00 $25,550.00 $20,000.00 $28,100.00 40.50%
Education/Training $198.00 $75.00 $0.00 $500.00 $500.00 0.00%
Administration $13,812.60 $14,227.04 $14,653.80 $15,093.41 $15,546.22 3.00%
Misc. $4,085.62 $3,188.57 $4,698.75 $5,700.00 $5,700.00 0.00%
Misc. $150.62 $24.57 $0.00 $850.00 $850.00 0.00%
dues $3,935.00 $3,164.00 $4,698.75 $4,850.00 $4,850.00 0.00%
Repair Maintenance – Machinery $18,197.70 $10,166.38 $26,374.58 $15,000.00 $20,000.00 33.33%
Repair Maintenance – Building $68,169.24 $82,295.82 $79,517.90 $60,000.00 $75,000.00 25.00%
Total Operating Expenses $643,559.58 $750,478.33 $768,190.08 $785,408.44 $835,214.37 6.34%
Net Income/Loss $17,356.73 $32,873.43 $91,582.64 $36,941.56 $7,970.63
Rental Rates
Current Proposed
Prime Rate (9/1/24 to 3/15/25) $230 $235
High School Game Rate $270 $275
School Day Rate (8:30-3:00) effective 9/1/24 $155 $160
Summer Rate (0 to 200 hrs) effective 9/1/24 $175 $180
Summer Rate (Over 200 hrs) $155 $160
STMA Arena Board 02/12/24 14