2023-03-13 STMA Arena Board Packet
STMA ARENA BOARD AGENDA
MONDAY, MARCH 13, 2023
ALBERTVILLE CITY HALL
6:00 PM
1) CALL TO ORDER – ROLL CALL
2) ADOPT AGENDA
3) APPROVAL OF THE STMA ARENA BOARD MINUTES -FEBRUARY 13, 2023
(pgs.1-3)
4) FINANCE REPORTS
a) Approve the February Payment of Claims as presented in the amount of $45,426.41
and February Finance Report (pgs.4-7)
5) ARENA MANAGER
a) Monthly Report and Ice Usage Stats (pgs. 8-10)
6) OLD BUSINESS
a) 2023/2024 Budget and Rates (pg. 11)
(Motion to Approve 2023/2024 STMA Arena Budget and Rates)
7) NEW BUSINESS
8) YOUTH HOCKEY ASSOCIATION
9) ANNOUNCEMENTS AND/OR UPCOMING MEETING
April 10 STMA Arena Board, 6 pm
10) ADJOURN
ST. MICHAEL-ALBERTVILLE ICE ARENA BOARD MINUTES
February 13, 2023
6:00 pm
Present: Chairman Aaron Cocking and members, Keith Wettschreck, Ryan Gleason, Tim Lewis, Travis Weber and Bob
Zagorski. Absent: Kari Dwinnell. Also present: City Administrator Adam Nafstad, Finance Clerk Kristie Moseng,
STMA Arena Manager Grant Fitch, Megan Esterberg & Rick O’Brien STMA Youth Hockey Association. The meeting
was called to order at 6:01 pm by Chairman Cocking.
Adopt Agenda
Members Cocking/Wettschreck moved to set the agenda as presented. All voted aye.
Approval of Minutes
Members Zagorski/Weber moved to approve the minutes of the January 9, 2023 Board Meeting as presented. All voted
aye.
Finance Reports
Nafstad presented the finance reports. The report is for the first month of the year, we haven’t received payment for the
January ice invoiced, therefore the report looks like we are short, but in reality, when payment is received, we will be
well-in-the-black for revenue.
Chairman Cocking asked when we would see preliminary final numbers for 2022 year-end. Nafstad stated that Abdo
would be in attendance in April to present the 2022 Financials for the Board.
Members Weber/Gleason moved to approve the January List of Claims totaling $52,860.40 and the January Financial
Report as presented. All voted aye.
Arena Manager’s Report
Fitch reported that Live Barn is up & running. There are a handful of items that are being corrected with Live Barn
regarding volume, display and placement. Rick O’Brien with STMA Youth Hockey Association stated that the picture &
feed are great.
Old Business
None
New Business
a)Nafstad reported that historically, and with the recommendation of our agent Todd Zachman, we waive the Tort
Liability Coverage limit. Nafstad reported the waiver costs approximately $850/year, but raises the insurance coverage
tremendously.
Members Gleason/Weber moved to approve the Tort Liability Coverage Waiver. All voted aye. Absent: Dwinnell
b)Nafstad supplied an excerpt from the Operation’s Agreement addressing what to do when we have an excess fund
balance. The current Agreement states ‘at the end of the fiscal year at 35% of the estimated annual expenditure of the
Agency Operation Fund’ We are currently below that threshold.
Nafstad stated there is no action needed at this time regarding the Operation’s Agreement, the overview was more for
information for the Board.
Member Wettschreck asked what defines Capital Fund to be ‘fully funded’. Nafstad replied that we would review this
during the Capital Improvement Plan Review, but generally this would be a fully funded CIP. The Board would
determine the details of the plan, such capital replacements and improvements and over what term.
c)Nafstad reviewed the current Capital Improvement Plan (CIP). Nafstad stated that Grant reviews the report and lists his
current and foreseen needs in regards to the arena building repairs, maintenance and updates. The CIP is a working
document that is periodically reviewed and amended by the Board.
STMA Board Meeting 03/13/23 Page 1
STMA February 13, 2023 Minutes
Page 2
Cocking mentioned a new House bill (House File: 1716) that was presented within the Legislature today that would ban
non-electric re-surfacers. He wanted to mention this to the Board as the pricing within the current CIP may change
drastically at the time of the purchase. Nafstad reported that the arena currently has one electric and one propane re-
surfacer. The propane re-surfacer is used as a back-up and maintained annually.
Mr. Zagorski clarified the projected inflation rate on the CIP is using a 3% increase from 2019.
Nafstad reported that the Dedicated Capital is listed on the monthly financial statement. Annually the three entities have
each contributed $15,000 to that fund. This can be reviewed and adjusted as needed to assist with CIP funding.
Nafstad stated there is no action needed at this time regarding the Arena CIP, the overview was more for information for
the Board.
d)Nafstad reported that historically we try and have a budget in place by early April for Youth Hockey to get numbers out
to membership for the upcoming year. Nafstad reviewed the draft budget. Biggest item is ‘how much ice time are we
going to sell for the upcoming year?’ The current draft budget is using approximately the same ice time hours as 2022-
2023 season based off of Grant’s projection. Off season 3/15-9/30.
Nafstad noted in 2022-2023 we budgeted for 3 full time employees. This year we are budgeting for 2 full time employees.
Gas and electric have been calculated at a 11% increased based off notices received from those providers. Cocking stated
that utilities are tough to calculate as they are very much weather dependent.
The Board discussed rate adjustments and it was noted that a $5 per hour increase rental revenue by approximately
$7,000. Fitch stated rates were raised in 2022-2023 by $5. Fitch supplied a rate comparison for various surrounding
arenas for 2022-2023 comparison.
Gleason asked about Refuse pricing on the Draft Budget, which has increased significantly since Republic Services has
purchased Randy’s Sanitation. Staff stated we are currently switching to Waste Management due to the price increase and
will update the budget accordingly.
Cocking asked Youth Hockey what a $5 rate increase does to their organization, membership and the families involved.
Megan Esterberg stated she would have to go back and see, but the cost of hockey has increased from year to year. Rick
O’Brien with Youth Hockey said he would ask the Youth Hockey board what their average internal annual increase was
and report back to the Arena Board at a later date. Cocking asked their Board for their thoughts on a $5 rate increase for
2023-2024. Gleason asked for clarification where the $7000/$5 come from within the calculation. Nafstad explained the
rate adjustment wouldn’t kick in until September 2023.
Member Lewis suggested removing the current Summer Rate (400 plus hrs) as it isn’t being used and just have one
Summer Rate (200+) The Board requested the additional $5/hour rate be brought back to the next meeting for approval
and the Draft Budget updated to reflect the increase.
Nafstad stated that no action needed at this time. Fitch would try and get additional information on scheduling before the
next meeting.
Youth Hockey Association
Rick Obrien & Megan Esterberg were in attendance for STMA Youth Hockey Association. Megan stepped out of the
meeting at 6:50 pm before a report was given. Rick O’Brien stated he was stepping in for this meeting. He stated he sells
all of the advertising for the arena and wanted to discuss a logo option in the Blue Rink. Member Lewis requested the
School District approve the logo first before being displayed. Mr. O’Brien said he would get the artwork from his vendor
and submit when available.
STMA Board Meeting 03/13/23 Page 2
STMA February 13, 2023 Minutes
Page 3
Cocking asked if the Board approves the advertising at the arena. Nafstad stated that there is an advertising agreement
with STMA Youth Hockey for one row of ads on the Blue Rink and various locations on the Gold Rink. Nafstad added
STMA YHA pays $20,000 annually for advertising.
Mr. O’Brian inquired about STMA YHA being able to sell prepared food during the regional tournament for profit. He is
asking the Board for approval before having an outside vendor coming into arena. Fitch stated that as long as the vendor is
licensed and not a private person and it is not conflicting with items currently sold at the arena, it is ok.
Mr. O’Brien is also attempting to fill the approximately 10x20 space in Gold Rink by the new dryland space. This space
was not previously available. Nafstad stated this would be an Arena Board approval needed as the existing Advertising
Agreement on the Gold Rink has a list of approved locations. Advertising on the West wall hasn’t been identified in the
current advertising agreement. Cocking asked the Board members if anyone had any objections, everyone said it was fine.
Cocking thanked Rick O’Brien for his time and attending the meeting. Nafstad stated he would amend the agreement to
reflect the new advertising area.
Adjourn
Members Gleason/Wettschreck moved to adjourn at 7:17 pm. All voted aye. Absent: Dwinnell
Attest:
_________________________________
Kristie Moseng, Finance Clerk
STMA Board Meeting 03/13/23 Page 3
STMA Ice Arena Budget to Actual February 2023 (Cash Basis)
STMA Arena
2023 Prelim
Budget
February
2023 Actual
2023 Actual
YTD
2/28/23
2023
YTD % of
Budget
Income
Ice Rental $711,350.00 $104,351.21 $105,486.63 14.83%
Concessions $75,000.00 $17,778.40 $38,738.41 51.65%
Room Rental $0.00 $0.00 $0.00
Other Revenues (Advertising/LMC/Ins
Claims/ATM) $25,000.00 $0.00 $0.00 0.00%
Vending $2,000.00 $663.00 $1,079.50 53.98%
Open Skate/Hockey, etc. $9,000.00 $155.00 $305.00 3.39%
Interest $500.00 $0.00 $0.00 0.00%
Reimbursement $0.00 $0.00 $0.00 0.00%
Misc. Revenue $0.00 $0.00 $0.00 0.00%
Total Income $822,850.00 $122,947.61 $145,609.54 17.70%
Expenses
Salaries, Wages, Taxes & Benefits $299,940.88 $30,736.10 $48,089.68 16.03%
Supplies (Office, Misc.) $1,000.00 $104.04 $104.04 10.40%
Supplies (Concession) $37,700.00 $9,479.13 $11,470.12 30.42%
Fuel, Misc. $500.00 $123.51 $123.51 24.70%
Professional Services $27,500.00 $1,451.14 $1,834.65 6.67%
Sales Tax $6,880.00 $2,179.22 $1,386.73 20.16%
Telephone $2,000.00 $239.42 $358.92 17.95%
Electric $179,749.14 $10,656.05 $10,666.79 5.93%
Gas $87,381.42 $11,085.82 $11,085.82 12.69%
Water $10,000.00 $899.54 $1,983.95 19.84%
Refuse $7,500.00 $1,600.06 $3,055.22 40.74%
Insurance $28,446.00 $0.00 $0.00 0.00%
Education/Training $500.00 $0.00 $0.00 0.00%
Building Rental/Admin Fee $14,653.85 $1,221.15 $2,442.30 16.67%
Misc. $5,700.00 $2,022.00 $2,022.00 35.47%
Repair Maintenance – Machinery $15,000.00 $571.60 $1,272.34 8.48%
Repair Maintenance – Building $60,000.00 $10,617.76 $14,589.27 24.32%
Total Operating Expenses $784,451.29 $82,986.54 $110,485.34 14.08%
Net Income/Loss $38,398.71 $39,961.07 $35,124.20
STMA Board Meeting 03/13/23 Page 4
STMA ICE ARENA CASH BALANCES AND RECEIVABLES
February 28, 2023
Cash Balance Operations
Est. Cash Balance Operations 1/1/23 $ 214,034
$ 94,025
$ 46,143
$ 145,610
$ 110,485
Add 2022 Revenues Collected 2023
Less 2022 payables
Add Revenues
Less Expenses
Est. Cash Balance Operations 2/28/23 $ 297,041
Accounts Receivable (invoiced)
Operations February 28, 2023 - $94,842.33
Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over
Hockey Finder 1,224.08$ 1,224.08$
NWCRH Girls Varsity Hockey 5,071.25$ 5,071.25$
STMA Boys High School 10,697.00$ 10,697.00$
STMAYHA 77,850.00$ 77,850.00$
Total 94,842.33$ 94,842.33$ -$ -$ -$
Current 0-30 days $94,842.33 100.00%
30-60 days $0.00 0.00%
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 1/1/23 $190,594
Invoiced 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 2/28/23 $ 235,594
STMA Board Meeting 03/13/23 Page 5
STMA Ice Arena Payment of Claims
February 2023
12073 e 02/01/23 SIGNAPAY
E 810-00000-300 Professional Srvs $615.84 FEBRUARY Arena cc fees
12075 e 02/14/23 CITY OF ALBERTVILLE
E 810-00000-412 Building Rentals/Admin Fee $1,221.15 02/23 Admin Fee
12089 e 02/21/23 ABDO
E 810-00000-301 Auditing and Acctg $551.50 46 6703 FS Accounting 2022 & 2023 Firm Reporting
12092 e 02/21/23 ARAMARK-ARENA
E 810-00000-405 Repair/Maint - Buildings $42.27 2530105721 Arena mops,mats
E 810-00000-405 Repair/Maint - Buildings $42.27 2530108090 Arena mops,mats
12099 e 02/21/23 CTM SERVICES, INC
E 810-00000-404 Repair/Maint - $429.60 6029 Enersys svc & repair visit on Olympia Ice Resurfacer
12105 e 02/21/23 FERRELLGAS LP
E 810-00000-212 Motor Fuels $123.51 2030835269 Arena Propane
12108 e 02/21/23 GREAT LAKES COCA COLA DISTRIBUTION
E 810-00000-254 Soft Drinks/Mix For Resale $373.20 3597216940 Arena Concessions
E 810-00000-254 Soft Drinks/Mix For Resale $864.08 3597217011 Arena Concessions
12114 e 02/21/23 MR CUTTING EDGE LLC
E 810-00000-404 Repair/Maint - $142.00 5322 ice scraper blade sharpen
12118 e 02/21/23 PREMIUM WATERS INC
E 810-00000-405 Repair/Maint - Buildings $23.97 JANUARY 2023 Arena water delivery
12119 e 02/21/23 REPUBLIC SERVICES #899
E 810-00000-384 Refuse/Garbage Disposal $1,600.06 0899- Arena Trash Removal 2/1/23-2/28/23
12120 e 02/21/23 RUSSELL SECURITY RESOURCE INC.
E 810-00000-405 Repair/Maint - Buildings $3,221.40 A44362 Install digital Keypad Lock V Boys/Girls
12122 e 02/21/23 WATSON COMPANY, INC
E 810-00000-252 Food/Concessions For $1,115.04 131725 Arena Concessions
E 810-00000-252 Food/Concessions For $1,331.54 131917 Arena Concessions
12126 e 02/21/23 WRIGHT HENNEPIN COOPERATIVE
E 810-00000-381 Electric Utilities $10.74 FEBRUARY Arena Elevator Monitoring 2/28/23
12129 e 02/21/23 MN DEPARTMENT OF REVENUE
E 810-00000-315 Sales Tax $2,179.22 FEBRUARY Arena Sales Tax
12151 e 02/06/23 ELAN FINANCIAL SERVICES
E 810-00000-433 Dues and Subscriptions $250.00 MIAMA Facility Membership 1/1/23-12/31/23
E 810-00000-200 Office Supplies (GENERAL) $104.04 Arena HP78A toner cartridge
12152 e 03/06/23 ELAN FINANCIAL SERVICES
E 810-00000-405 Repair/Maint - Buildings $161.20 Home Depot - homer bucket,impact
E 810-00000-405 Repair/Maint - Buildings $22.19 Amazon - thermal paper wrench,retractable reel
12153 e 03/01/23 MET LIFE LIFE INSURANCE
E 810-00000-130 Employer Paid Ins $418.65 MARCH 2023 Emp Life, Dental, Stdis,Vision
STMA Board Meeting 03/13/23 Page 6
12154 e 03/01/23 MEDICA
E 810-00000-130 Employer Paid Ins $1,827.85 MARCH 2023 Emp Health Ins
12156 e 03/06/23 ACE OF ALBERTVILLE - ARENA
E 810-00000-405 Repair/Maint - Buildings $37.96 125891/1 clear tape,dawn,paper towel
E 810-00000-405 Repair/Maint - Buildings $27.96 125918/1 command strips,command hook,poster strips
E 810-00000-405 Repair/Maint - Buildings $19.29 125959/1 fasteners,pine sol
E 810-00000-405 Repair/Maint - Buildings $1.68 125962/1 fasteners
E 810-00000-405 Repair/Maint - Buildings $14.99 125996/1 lock slnt
E 810-00000-405 Repair/Maint - Buildings $12.99 126100/1 cab screw
E 810-00000-405 Repair/Maint - Buildings $58.96 126247/1 mr clean,tape,roller mop,pine sol
12158 e 03/06/23 ARAMARK-ARENA
E 810-00000-405 Repair/Maint - Buildings $42.27 2530100526 Arena mats,mop
E 810-00000-405 Repair/Maint - Buildings $42.27 2530110839 Arena mats,mop
E 810-00000-405 Repair/Maint - Buildings $42.27 2530113301 Arena mats,mop
12179 e 03/06/23 GREAT LAKES COCA COLA DISTRIBUTION
E 810-00000-254 Soft Drinks/Mix For Resale $359.30 3597217068 Arena concessions
12189 e 03/06/23 WATSON COMPANY, INC
E 810-00000-252 Food/Concessions For $735.83 132092 Arena Concessions
12191 e 03/01/23 SIGNAPAY
E 810-00000-300 Professional Srvs $727.53 MARCH 2023 Arena cc fees
42131 02/21/23 BESSER WELDING AND
E 810-00000-405 Repair/Maint - Buildings $600.00 14515 Repair gate hinge on players gate
42132 02/21/23 CENTERPOINT ENERGY
E 810-00000-383 Gas Utilities $11,085.82 FEBRUARY 5898 Lachman Ave NE 12/28/22-1/27/23
42134 02/21/23 CHARTER COMMUNICATIONS
E 810-00000-321 Telephone $59.95 01315380130 Arena Cable 1/30/23-2/28/23
E 810-00000-321 Telephone $59.96 01315381230 Arena Cable 12/30/22-1/29/23
E 810-00000-321 Telephone $119.51 01317020210 Arena Voice 2/10/23-3/9/23
42136 02/21/23 CARD SERVICES
E 810-00000-252 Food/Concessions For $67.34 FEBRUARY Arena Concessions
42143 02/21/23 JURRENS OUTDOOR SERVICES LLC
E 810-00000-405 Repair/Maint - Buildings $3,722.50 INV-1998 Arena snowplowing
42150 02/21/23 XCEL ENERGY
E 810-00000-381 Electric Utilities $10,645.31 815510558 5898 Lachman Ave 1/9/23-2/8/23
42156 03/06/23 DACOTAH PAPER
E 810-00000-405 Repair/Maint - Buildings $124.40 25507 bag filter
42163 03/06/23 STEP SAVER, INC.
E 810-00000-405 Repair/Maint - Buildings $147.00 160874 Arena Bulk-Salt East
810 STMA ARENA $45,426.41
STMA Board Meeting 03/13/23 Page 7
MANAGER’S GENERAL UPDATE
Date: March 13th, 2023
To: STMA Arena Board
From: Grant Fitch, STMA Arena Manager
ARENA MONTHLY RENTAL HOURS – FEBRUARY
User Hours Sold
STMAYHA 399.50 hours
AAA 0 hours
RYHA (Rogers) 0 hours
Adult Hockey 6 hours
High School Boys/Girls 63.50 hours
Public Skating/OH 5.50 hours
Private rentals 6 hours
__________________________________________________________________
Total Hours 480.50
February Budget Projection 415
March Projected 145
Operations: No major repairs at this time.
STMA Arena Usage Statistics: Attached are the Blue and Gold Rink hours for February 1st to
February 28th, 2023. Times are broken down by event type.
Spring Maintenance projects
•Building Clean up: Bathrooms, locker-rooms, bleachers, etc.
•Touch up Painting: Locker-rooms, players boxes, lobby, corridor and bathrooms
•Scheduling 2023/24 Ice Time
•Rink Board cleaning: Puck marks on boards and Ad panels
•Rink Glass Cleaning: Interior and exterior
•Machine maintenance
•Snow pit clean and repair
•Bleacher repair
•Rubber matting replacement
•Protective netting repair
STMAYHA: PAA Regional Tournament was held on March 3rd through the 5th 2023 and was
well attended. A big thank you to Christine Shidla (Tournament Director) all the STMAYHA
volunteers and the STMA Arena staff that made it a success!
Garbage Collection: Due to price increases, we switched from Republic Services to Waste
Management. Going forward, we will be billed approximately $260/month which includes a
weekly pick-up for a 6 CY dumpster. Additional pick-ups will be charged at $238 each.
Typically, weekly is sufficient unless it is an extremely busy week. The new contract will run
for 36 months which is standard for most haulers.
STMA Board Meeting 03/13/23 Page 8
Usage Statistics - Event Type
2/1/2023 to 2/28/2023 No Time restrictions
All Days of the Week
Selected Facilites
Account Type/Account/Event Hours % Hours Fee Other Tax Total % Total
Adult Hockey 6.00 2.432 %$1,140.00 $0.00 $84.06 $1,224.06 2.431 %
Hockey Finder (HF)6.00 2.432 %$1,140.00 $0.00 $84.06 $1,224.06 2.431 %
Game 6.00 2.432 %$1,140.00 $0.00 $84.06 $1,224.06 2.431 %
High School Hockey 48.75 19.757 %$12,168.75 $0.00 $0.00 $12,168.75 24.166 %
NWCRH Girls JV/Varsity Hockey 13.25 5.370 %$3,271.25 $0.00 $0.00 $3,271.25 6.496 %
Game-HS 5.25 2.128 %$1,391.25 $0.00 $0.00 $1,391.25 2.763 %
Practice 6.00 2.432 %$1,350.00 $0.00 $0.00 $1,350.00 2.681 %
Scrimmage 2.00 0.811 %$530.00 $0.00 $0.00 $530.00 1.053 %
STMAHS JV/Varsity Boys 35.50 14.387 %$8,897.50 $0.00 $0.00 $8,897.50 17.669 %
Game-HS 22.75 9.220 %$6,028.75 $0.00 $0.00 $6,028.75 11.972 %
Practice 12.75 5.167 %$2,868.75 $0.00 $0.00 $2,868.75 5.697 %
Private Rental 4.00 1.621 %$875.00 $0.00 $31.34 $906.34 1.800 %
Minnesota Lakers 1.00 0.405 %$225.00 $0.00 $16.59 $241.59 0.480 %
Practice 1.00 0.405 %$225.00 $0.00 $16.59 $241.59 0.480 %
Private Rental - Non-Tax 2.00 0.811 %$450.00 $0.00 $0.00 $450.00 0.894 %
Practice 2.00 0.811 %$450.00 $0.00 $0.00 $450.00 0.894 %
Thirsty Thursday 1.00 0.405 %$200.00 $0.00 $14.75 $214.75 0.426 %
Practice 1.00 0.405 %$200.00 $0.00 $14.75 $214.75 0.426 %
Public Sessions 4.00 1.621 %$0.00 $0.00 $0.00 $0.00 0.000 %
Open Skate 4.00 1.621 %$0.00 $0.00 $0.00 $0.00 0.000 %
Open Skate 4.00 1.621 %$0.00 $0.00 $0.00 $0.00 0.000 %
Youth Hockey 184.00 74.569 %$36,056.25 $0.00 $0.00 $36,056.25 71.604 %
STMAYHA 184.00 74.569 %$36,056.25 $0.00 $0.00 $36,056.25 71.604 %
Game-YHA 1.25 0.507 %$281.25 $0.00 $0.00 $281.25 0.559 %
Practice 182.75 74.063 %$35,775.00 $0.00 $0.00 $35,775.00 71.045 %
246.75 $50,240.00 $0.00 $115.40 $50,355.40
Generated By FinnlySport on 3/8/2023 2:05 PM Page 1 of 1
Blue Rink
STMA Board Meeting 03/13/23 Page 9
Usage Statistics - Event Type
2/1/2023 to 2/28/2023 No Time restrictions
All Days of the Week
Selected Facilites
Account Type/Account/Event Hours % Hours Fee Other Tax Total % Total
High School Hockey 14.75 6.310 %$3,318.75 $0.00 $0.00 $3,318.75 7.283 %
NWCRH Girls JV/Varsity Hockey 8.00 3.422 %$1,800.00 $0.00 $0.00 $1,800.00 3.950 %
Practice 8.00 3.422 %$1,800.00 $0.00 $0.00 $1,800.00 3.950 %
STMAHS JV/Varsity Boys 6.75 2.888 %$1,518.75 $0.00 $0.00 $1,518.75 3.333 %
Practice 6.75 2.888 %$1,518.75 $0.00 $0.00 $1,518.75 3.333 %
Private Rental 2.00 0.856 %$425.00 $0.00 $31.34 $456.34 1.001 %
Minnesota Lakers 1.00 0.428 %$225.00 $0.00 $16.59 $241.59 0.530 %
Practice 1.00 0.428 %$225.00 $0.00 $16.59 $241.59 0.530 %
Thirsty Thursday 1.00 0.428 %$200.00 $0.00 $14.75 $214.75 0.471 %
Practice 1.00 0.428 %$200.00 $0.00 $14.75 $214.75 0.471 %
Public Sessions 1.50 0.642 %$0.00 $0.00 $0.00 $0.00 0.000 %
Open Skate 1.50 0.642 %$0.00 $0.00 $0.00 $0.00 0.000 %
Open Skate 1.50 0.642 %$0.00 $0.00 $0.00 $0.00 0.000 %
Youth Hockey 215.50 92.193 %$41,793.75 $0.00 $0.00 $41,793.75 91.716 %
STMAYHA 215.50 92.193 %$41,793.75 $0.00 $0.00 $41,793.75 91.716 %
Practice 215.50 92.193 %$41,793.75 $0.00 $0.00 $41,793.75 91.716 %
233.75 $45,537.50 $0.00 $31.34 $45,568.84
Generated By FinnlySport on 3/8/2023 2:06 PM Page 1 of 1
Gold Rink
STMA Board Meeting 03/13/23 Page 10
2023 STMA Arena Board Preliminary Budget 03/08/232020 cash basis Actual2021 cash basis Actual2022 mod accrual 12/31/222022 Budget 2023 Prelim Budget % change from 2021 to 2022IncomeIce Rental $525,172.90 $594,177.29 $693,147.11 $704,400.00 $711,350.00 0.99%Concessions $40,378.50 $30,328.90 $79,311.05 $70,000.00 $75,000.00 7.14%Room Rental $468.37 $0.00 $0.00 $0.00 $0.00Other Revenues (Ad/LMC/Streaming TV) $13,149.00 $22,906.42 $21,519.00 $20,000.00 $25,000.00 25.00%Vending $534.50 $1,331.55 $2,369.95 $1,500.00 $2,000.00 33.33%Open Skate/Hockey, etc. (off season fill in)$2,741.00 $12,042.15 $8,994.08 $6,000.00 $9,000.00 50.00%Interest$798.31 $0.00 $0.00 $1,000.00 $500.00 -50.00%Reimbursement$22,694.84 $0.00 $8,096.58 $0.00 $0.00Misc. Revenue $185.00 $130.00 $20.00 $100.00 $0.00 -100.00%Total Income$606,122.42 $660,916.31 $813,457.77$803,000.00 $822,850.00 2.47%ExpensesSalaries, Wages, Taxes & Benefits $290,933.91 $270,711.46 $282,729.25 $356,284.50 $299,940.88 -15.81%Supplies (Office, Misc.) $72.25 $453.59 $60.61 $1,500.00 $1,000.00 -33.33%Supplies (Concession) $14,188.57 $15,713.01 $37,363.36 $28,700.00 $37,700.00 31.36%Fuel, Misc. $288.75 $335.64 $389.56 $500.00 $500.00 0.00%Professional Services $24,479.02 $20,592.22 $23,795.32 $29,200.00 $27,500.00 -5.82%Sales Tax $3,667.97 $2,625.35 $7,788.40 $6,208.00 $6,880.00 10.82%Telephone $2,212.45 $2,099.92 $1,867.36 $2,250.00 $2,000.00 -11.11%Electric $117,011.93 $142,188.69 $161,936.16 $134,000.00 $179,749.14 34.14%Gas $32,843.69 $53,087.26 $78,722.00 $46,500.00 $87,381.42 87.92%Water $7,366.04 $7,506.79 $8,874.82 $15,000.00 $10,000.00 -33.33%Refuse $929.44 $2,502.49 $9,097.14 $2,750.00 $7,500.00 172.73%Insurance $21,307.00 $21,280.00 $27,501.00 $23,000.00 $28,446.00 23.68%Workers Comp $8,107.00 $7,691.00 $8,574.00 $8,200.00 $8,446.00 3.00%Property $13,200.00 $13,589.00 $18,927.00 $14,800.00 $20,000.00 35.14%Education/Training $0.00 $198.00 $75.00 $1,500.00 $500.00 -66.67%Administration $13,410.35 $13,812.60 $14,227.04 $14,227.04 $14,653.85 3.00%Misc. $5,440.57 $4,085.62 $3,188.57 $5,700.00 $5,700.00 0.00%Misc. $590.57 $150.62 $24.57 $850.00 $850.00 0.00%dues $4,850.00 $3,935.00 $3,164.00 $4,850.00 $4,850.00 0.00%Repair Maintenance – Machinery $6,910.55 $18,197.70 $10,166.38 $15,000.00 $15,000.00 0.00%Repair Maintenance – Building $40,231.34 $68,169.24 $80,040.82 $40,000.00 $60,000.00 50.00%Total Operating Expenses$602,600.83 $643,559.58 $747,822.79$722,319.54 $784,451.28 8.60%Net Income/Loss$3,521.59 $17,356.73 $65,634.98$80,680.46 $38,398.72Rental Rates Prime Rate (9/1/23 to 3/15/24) $230High School Game Rate $270School Day Rate (8:30-3:00) effective 9/1/23 $155Summer Rate (0 to 200 hrs) effective 9/1/23 $175Summer Rate (Over 200 hrs) $155STMA Board Meeting 03/13/23 Page 11