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2024-03-11 STMA Arena Board Packet .am 'y"city Of '04 Rw A�Ibertvfllc SmaN'tawn UvW9.Mg nty Ufa. � iiuuauum iooiouomuouuuuoouuumwosmu omomvovvrmoamsumuk imai pir, UWTM STMA ARENA BOARD AGENDA Monday, March 11, 2024 Albertville City Hall Council Chambers 6pm 1. Call to Order 2. Adopt Agenda 3. Approval of the STMA Arena Board Minutes —FEBRUARY 12, 2024 (pgs. 1-4) 4. Finance Reports a. Approve the February 2024 Finance Report and the February 2024 Payment of Claims in the amount of$37,015.34 and (pgs. 5-8) 5. Arena Manager a. Monthly Report and Ice Usage Stats —February 2024 (pgs. 9-11) 6. Old Business a. 2024/2025 Budget and Rates (pg. 12) (Motion to Approve 202412025 STMA Arena Budget and Rates) 7. New Business 8. STMA Youth Hockey Association 9. Announcements and/or Upcoming Meetings April 8 STMA Arena Board, 6 pm 10. Adjournment IUI �OpppiOppp a�� 'Fa A.,lbertville ic iac 10 Small'ilcwu.iurn living.Big a.":GU:u„u life. ST. MICHAEL-ALBERTVILLE ARENA BOARD REGULAR MEETING MINUTES February 12, 2024 - 6pm Council Chambers Albertville City Hall 1. Call to Order Member Zagorski called the meeting to order at 6:01 pm. 2. Roll Call Present: Members Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Absent: Chairman Cocking. Also Present: City Administrator Nafstad, Finance Clerk Moseng, STMA Arena Manager Fitch, Megan Esterberg for STMA Youth Hockey & Keith Cornell STMA Activities Director. 3. Adopt Agenda MOTION made by Member Weber, seconded by Member Lewis to adopt the Agenda as presented. Ayes: Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: Cocking. The motion carried. 4. Approval of Minutes MOTION made by Member Wettschreck, seconded by Member Lewis to approve the January 8, 2024 Board Meeting Minutes as presented. Ayes: Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: Cocking. The motion carried. 5. Finance Reports Requested by Member Zagorski to approve January 2024 Finance Report and Payment of Claims as presented. Member Wettschreck made the MOTION, seconded by Member Gleason. Ayes: Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: Cocking. The motion carried. 6. Arena Manager's Report Scoreboard: Fitch stated the scoreboard would be delivered the week of February 22. His goal was to get it in place and work with the school for use of the lift. The electrical would be installed after scoreboard was in place. Astro-Rink Low-e Ceiling: Grant commented that it is scheduled for Mid-March. Community Room Window Treatments: Fitch stated that he met with Rick after the last meeting. They didn't feel there was going to be an inexpensive solution. 3M film was previously installed STMA Arena Board 03/11/24 1 STMA Arena Board February 12,2024 Minutes Page 2 on the windows, which helped tremendously. Keith, Grant, Rick and Jason are meeting at the rink tomorrow to discuss solutions. Fitch asked Mr. Cornell if he had anything additional to add; he commented no. Parking Information for the Board: Mr. Fitch reported that parking has been an on-going issue when there are High School games or even with both sheets of ice being used simultaneously; parking is limited. He is looking to work with STMA Youth Hockey when there are High School game(s)that STMA Youth Hockey wouldn't have a game, but they could still have practice. Fitch noted he just wanted the Board to be aware of the issue and to see if the Board has any concerns. Megan asked how far in advance would STMA Youth Hockey receive the schedule from the High School. Mr. Cornell stated that next year's schedule is done. He explained that what they currently do is if the boys or girls were leaving from STMA and the other was home, they would park at Middle School West, have a bus pick them up there and bring them to the rink to alleviate parking. Fitch commented that doing that certainly helps. Ms. Dwinnell asked if Don's Bus still allows parking for the Arena. Nafstad stated that the lot was leased for approximately five (5) years around the time the second sheet was being built. That lease has since expired. Nafstad and Cornell stated that it would take a little work to come to an agreement with Don's Bus because they are using the lot for other business purposes. Nafstad commented that additional parking for the arena should be considered and the city has a concept plan for parking on the strip of land along the southside of 60th Street. Long term, it would be good for the Arena and the community to have additional parking. Nafstad noted funding for additional parking has not be identified. Megan asked if the city's gambling proceeds could be used. Nafstad wasn't sure if parking would qualify for use of those funds, but stated he would look into it. Ms. Dwinnell questions if the use of Central Park parking and the overflow parking lot next to the Fire Department could be used as an additional parking option. Nafstad said the city parking lots can be used. Mr. Fitch stated Riverhawk Rumble Girls Tournament was a success. Megan Esterberg followed up commenting that STMA Youth Hockey did pins again which brought in a lot of out of town people who frequented the local establishments throughout the weekend. 7. Old Business 8. New Business MOTION made by Member Dwinnell, seconded by Member Gleason to Appoint Aaron Cocking as Chairman for an additional two years. Ayes: Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: Cocking. The motion carried. Review Draft 2024 Preliminary Budget& Discuss 2024/2025 Rates: Nafstad presented the Board with an updated Preliminary Draft adjusted from the one in the packet. The packet included Ice Time Revenue with a$5 increase from August-December. The updated draft included a $5 increase from September-December. STMA Arena Board 03/11/24 2 STMA Arena Board February 12,2024 Minutes Page 3 Nafstad explained the rental revenue estimate and stated sales are expected to be similar to last year. Member Gleason commented on the Concession Revenues and Expenses. He felt that the expenses were a little high, unless we are seeing a dramatic price increase. Nafstad stated the numbers are an estimate not knowing the exact pricing therefore stuck with a similar budget number as last year with an approximate ten percent(10%) increase. Nafstad reviewed items that were adjusted from years past. With the current budget including the $5 increase, the proposed budget projects a$7,000 profit. Nafstad explained that the proposed rental increase didn't have a significant impact on the budget; however, small increases annually are necessary to avoid larger increase every couple of years. Member Lewis noted there will be energy savings and rebates with the low-e ceiling, which will be factored into future year budgets. Member Zagorski referred back to the rate comparisons from surrounding areas and stated we are on track with an increase. Megan informed the Board that Minnesota Hockey recently approved a new waiver law and this will affect the number of participants. Going forward all players must play for their home association and they will not approve school waivers any longer. This affects STMA Youth Hockey because there are a number of students that are open-enrolled due to the boundaries and many of those would have to play for Elk River District/Rogers High School. Nafstad also explained that the School District had previously looked into options to reduce the rate charged as part of an arena audit, but the budget did not include changes to the school rates. Member Lewis stated the District will need to have further discussions regarding the recommendations of the audit. Lewis asked if the budget could be brought back to the next meeting. Nafstad responded it could. There was group discussion regarding the findings of the District's audit of the arena, options to reduce school charges, and the impact to other arena users. 9. Youth Hockey Association Megan stated there was nothing to report for this month. 10. Announcements and/or Upcoming Meetings March 11 STMA Arena Board, 6 pm 11. Adjournment MOTION made by Member Gleason, seconded by Member Wettschreck to adjourn at 6:45 pm. Ayes: Gleason, Wettschreck, Dwinnell, Lewis, Weber and Zagorski. Nays: None. Absent: Cocking. The motion carried. STMA Arena Board 03/11/24 3 STMA Arena Board February 12,2024 Minutes Page 4 Respectfully submitted, Kristie Moseng, Finance Clerk STMA Arena Board 03/11/24 4 w vfi�p„ m �,C11y of A.1bertAlle ommul0i��aio°n°luom mm S aml Town Living. 8 Utm. u� I� uui m oua uum iooiouomuouwmoouuumw�osmuu»7lomomvovvmitoamsumuli^gmai�{pgv STMA Arena Budget to Actual February 2024 (Cash Basis) 2024 YTD 2024 Prelim February 2024 Actual % of STMA Arena Budget 2024 Actual YTD 2/29/24 Budget Income Ice Rental $728,195.00 $112,438.62 $113,872.24 15.64% Concessions $80,000.00 $18,978.85 $40,993.70 51.24% Room Rental $0.00 $0.00 $0.00 Other Revenues(Advertising/LMC/Ins Claims/ATM) $22,500.00 $750.00 $750.00 3.33% Vending $2,300.00 $515.25 $611.05 26.57% Open Skate/Hockey, etc. $9,000.00 $300.00 $680.00 7.56% Reimbursement $0.00 $1,830.00 $1,830.00 0.00% Misc. Revenue $0.00 $0.00 $0.00 0.00% Total Income $841,995.00 $134,812.72 $158,736.99 18.85% Expenses Salaries,Wages,Taxes&Benefits $336,964.16 $31,616.47 $64,990.84 19.29% Supplies(Office,Misc) $500.00 $0.00 $0.00 0.00% Supplies(Concession) $44,500.00 $5,424.59 $12,495.92 28.08% Fuel,Misc. $500.00 $0.00 $0.00 0.00% Professional Services $20,000.00 $735.46 $1,675.69 8.38% Sales Tax $7,304.00 $2,319.22 $2,821.01 38.62% Telephone $1,750.00 $119.93 $119.93 6.85% Monitoring $250.00 Electric $175,000.00 $0.00 $0.00 0.00% Gas $72,900.00 $8,801.81 $8,801.81 12.07% Water $12,500.00 $792.05 $1,644.52 13.16% Refuse $8,500.00 $414.26 $828.54 9.75% Insurance $37,800.00 $0.00 $0.00 0.00% Education/Training $500.00 $250.00 $250.00 50.00% Administration $15,546.22 $1,295.52 $2,591.04 16.67% Misc. $5,700.00 $0.00 $1,828.00 32.07% Repair Maintenance-Machinery $20,000.00 $129.00 $799.80 4.00% Repair Maintenance-Building $75,000.00 $6,528.60 $11,157.07 14.88% Total Operating Expenses $835,214.38 $58,426.91 $110,004.17 13.17% Net Income/Loss $6,780.62 $76,385.81 $48,732.82 STMA Arena Board 03/11/24 5 STMA ARENA CASH BALANCES AND RECEIVABLES February 29, 2024 Cash Balance Operations = $387,425 Est. Cash Balance Operations l/l/24 $ 338,692 Add Revenues $ 158,737 Less Expenses $ 110,004 Est.Cash Balance Operations 2/29/24 $ 387,425 Accounts Receivable (invoiced) = $96,378.56 Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over District 5 Hockey $ 5,290.00 $ 5,290.00 Hockey Finder $ 1,481.78 $ 1,481.78 MN Lakers $ 1,481.78 $ 1,481.78 NWCRH Girls Varsity Hockey $ 2,185.00 $ 2,185.00 STMA Boys High School Team $ 10,212.50 $ 10,212.50 STMAYHA $ 75,727.50 $ 75,727.50 Total $ 96,378.56 $ 96,378.56 Current 0-30 days $96,378.56 100.00% 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 = $309,016 Arena Dedicated Capital Improvement Fund Est.Beginning Balance l/l/24 $265,346 Invoiced St.Michael$15,000 $15,000 Invoiced ISD 885 $15,000 $15,000 Invoiced City of Albertville$15,000 $15,000 Box Heaters ($1,33 0) Donations Albertville Utility Billing Balance 2/29/24 $ 309,016 STMA Arena Board 03/11/24 6 STMA ARENA PAYMENT OF CLAIMS February 2024 13420 e 02/01/24 MEDICA E 810-00000-131 Employer Paid Health $2,955.63 FEBRUARY Emp Health Insurance 13452 e 02/01/24 MET LIFE LIFE INSURANCE E 810-00000-130 Employer Paid Ins $444.06 FEBRUARY Emp Life,Dental,Dis,Vision 13477 e 02/05/24 COMPASS GROUP USA,INC E 810-00000-254 Soft Drinks/Mix-Resale $761.23 MSP88880 Arena Concessions 13480 e 02/05/24 CHARTER COMMUNICATIONS E 810-00000-321 Telephone/Data $59.95 01315381230 Arena Cable 12/30/23-1/29/24 E 810-00000-321 Telephone/Data $59.98 01317020115 Arena Voice 12/15/23-2/14/24 13486 e 02/05/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $303.20 39615271015 Arena Concessions 13491 e 02/05/24 WATSON COMPANY,INC E 810-00000-252 Food/Concessions-Resale $884.43 139798 Arena Concessions 13495 e 02/05/24 ARAMARK-ARENA E 810-00000-405 R/M -Buildings $48.60 2530232624 Janitorial Supplies 13498 e 02/05/24 ELAN FINANCIAL SERVICES E 810-00000-300 Professional Svcs $18.45 FEBRUARY Office Supplies E 810-00000-335 Education $250.00 FEBRUARY MIAMA Arena Membership 2024 13501 e 02/01/24 SIGNAPAY E 810-00000-300 Professional Svcs $717.01 FEBRUARY Arena CC Merchant Fee 13503 e 02/13/24 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admire Fee $1,295.52 FEBRUARY 02/24 Arena Admin Fee 13504 e 02/08/24 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $268.57 Water Bill 01/18/24 87-0000310-00-5 E 810-00000-382 Water Utilities $523.48 Water Bill 01/18/24 87-0000315-00-0 13509 e 02/20/24 ACE OF ALBERTVILLE-ARENA E 810-00000-405 R/M -Buildings $47.94 130619/1 Janitorial Supplies E 810-00000-405 R/M -Buildings $3.99 130624/1 Janitorial Supplies E 810-00000-405 R/M -Buildings $75.98 130643/1 Misc Supplies&Materials E 810-00000-405 R/M -Buildings $29.98 130827/1 Janitorial Supplies 13513 e 02/20/24 ARAMARK-ARENA E 810-00000-405 R/M -Buildings $48.60 2530235142Janitorial Supplies E 810-00000-405 R/M -Buildings $48.60 25 3 023 7647 Janitorial Supplies E 810-00000-405 R/M -Buildings $49.34 2530239931 Janitorial Supplies 13519 e 02/20/24 CINTAS FIRST AID&SAFETY E 810-00000-405 R/M -Buildings $297.96 5196191847Medical Supplies 13520 e 02/20/24 CARD SERVICES E 810-00000-252 Food/Concessions-Resale $32.52 Arena Concessions E 810-00000-252 Food/Concessions-Resale $21.52 Arena Concessions E 810-00000-252 Food/Concessions-Resale $26.90 Arena Concessions E 810-00000-252 Food/Concessions-Resale $10.74 Arena Concessions E 810-00000-252 Food/Concessions-Resale $10.76 Arena Concessions 13528 e 02/20/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $642.00 39722036011 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $316.80 39828076017 Arena Concessions STMA Arena Board 03/11/24 7 13535 e 02/20/24 MR CUTTING EDGE LLC E 810-00000-404 R/M-Machinery/Equip $129.00 6283 Equipment Repair 13539 e 02/20/24 PREMIUM WATERS INC E 810-00000-405 R/M -Buildings $23.97 802827-01-24 Bulk Water 13541 e 02/20/24 RUSSELL SECURITY RESOURCE INC. E 810-00000-405 R/M -Buildings $275.50 A47144 Rekey Cylinder&Install Sweeps Gold Rink 13542 e 02/20/24 SCR,INC E 810-00000-405 R/M -Buildings $2,873.75 C010088 Monthly Blanket Billing E 810-00000-405 R/M -Buildings $1,471.75 W95944 Rink Pumps Tripped Input Phase Loss E 810-00000-405 R/M -Buildings $504.24 W96290 Equipment Repair 13544 e 02/20/24 WATSON COMPANY,INC E 810-00000-252 Food/Concessions-Resale $1,484.12 139956 Arena Concessions E 810-00000-252 Food/Concessions-Resale $930.37 140139 Arena Concessions 13550 e 02/16/24 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $2,319.22 FEB 2024 Arena Sales Tax 42784 02/05/24 B&D PLUMBING HEATING&AIR E 810-00000-405 R/M -Buildings $636.00 226364 Install Valve for Zamboni&Cartridge for Faucet 42796 02/07/24 EQUIP MECHANICAL SUPPORT,INC E 810-00000-405 R/M-Buildings $1,830.00 753 Domestic Water Heater(s)Repair 42797 02/07/24 SCR,INC E 810-00000-405 R/M-Buildings $2,762.64 W94612 Equipment Repair E 810-00000-405 R/M-Buildings $882.57 W95951 Equipment Repair 42801 02/20/24 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $8,801.81 FEB 2024 5898 Lachman Ave 12/28/23-1/26/24 42806 02/20/24 KLEIN ELECTRIC,INC. E 811-00000-520 Buildings& Structures $1,330.00 8897 Announcers Box Heaters-Blue Rink 42816 02/20/24 STEP SAVER,INC. E 810-00000-405 R/M -Buildings $21.00 170641 Bulk Salt-East E 810-00000-405 R/M -Buildings $71.40 170649 Bulk Salt-East 42817 02/20/24 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $414.26 7890252- Trash Removal 5898 Lachman Ave Fund Summarv: 810 STMA Arena $35,685.34 811 Arena Dedicated Cap Imp Fund $1,330.00 Paper Checks &Electronic(EFT)Payments are submitted to Vendors for payment. All Check#'s listed with an(e) are Electronic Payments STMA Arena Board 03/11/24 8 ctyof SIN » J C�'4..1.-!✓ A�Ibertvfllc nllti nuill1�'�° i NVVuo u umw i SmaMTaw,nUvWq.ftnty Ufa. 8 mm m omooummmmummuoo�umuvuuuuummmou lllmouoouuuu+m ll�uo TM MANAGER'S GENERAL UPDATE Date: March 11, 2024 To: STMA Arena Board From: Grant Fitch, STMA Arena Manager ARENA MONTHLY RENTAL HOURS—FEBRUARY User Hours Sold STMAYHA 387.50 hours Actual(328.25) 59.25 Resurface times YH District 5 21.50 hours HS Boys/Girls 50.25 hours Adult Hockey 6 hours Public Skating/OH 4.25 hours Private rentals 23 hours Total Hours 492.50 Actual (433.25) February Budget Projection 415 March Proj ected 150 **Billed Hours for February 2024 429 **Public Skating/OH($5-$10/Head) 4.25 Operations: Looking at adding a parking lot camera cost$5,390 estimate from Russell Security Resource Inc. New Scoreboard West End Blue Rink: Delivered 3/05/24 and installed on 3/07/24. Electrical scheduled for the week of 3/11/24 Astro-Rink Low-e Ceiling: Install scheduled to start week of March 111h 2024 Community Room Window Treatments: Meeting was held at STMA Arena Tuesday, February 13, 2024. In attendance: Keith Cornell, Jason Bichler, Rick Aulwes, Scott Verness and Grant Fitch. We'll continue to monitor over the next couple of months. STMA Arena Usage Statistics: Attached are the Blue and Gold Rink hours for February I"to February 291h 2024 STMA Arena Board 03/11/24 9 Usage Statistics - Account Blue Rink 2/1/2024 to 2/29/2024 No Time restrictions All Days of the Week Selected Facilites Adult Hockey 4.00 1.624% $920.00 $0.00 $67.84 $987.84 1.917% Hockey Finder (HF) 4.00 1.624% $920.00 $0.00 $67.84 $987.84 1.917% High School Hockey 41.75 16.954% $10,442.50 $0.00 $0.00 $10,442.50 20.270% NWCRH Girls JV/Varsity Hockey 6.00 2.437% $1,380.00 $0.00 $0.00 $1,380.00 2.679% STMAHS JV/Varsity Boys 35.75 14.518% $9,062.50 $0.00 $0.00 $9,062.50 17.591% Private Rental 11.25 4.569% $2,526.15 $0.00 $186.27 $2,712.42 5.265% Private Rental -Taxable 4.25 1.726% $977.50 $0.00 $72.08 $1,049.58 2.037% Thirsty Thursday 3.00 1.218% $628.65 $0.00 $46.35 $675.00 1.310% Wyatt Thole Training 4.00 1.624% $920.00 $0.00 $67.84 $987.84 1.917% Public Sessions 4.25 1.726% $0.00 $0.00 $0.00 $0.00 0.000% Open Skate 4.25 1.726% $0.00 $0.00 $0.00 $0.00 0.000% Youth Hockey 185.00 75.127% $37,375.00 $0.00 $0.00 $37,375.00 72.548% District 5 Hockey(D5) 19.75 8.020% $4,542.50 $0.00 $0.00 $4,542.50 8.817% STMAYHA 165.25 67.107% $32,832.50 $0.00 $0.00 $32,832.50 63.730% 246.25 $51,263.65 $0.00 $254.11 $51,517.76 Generated By FinnlySport on 3/6/2024 11:56 PM STMA Arena Board 03/11/24 10 Usage Statistics - Account Gold Rink 2/1/2024 to 2/29/2024 No Time restrictions All Days of the Week Selected Facilites Adult Hockey 2.00 0.812% $460.00 $0.00 $33.92 $493.92 1.016% Hockey Finder (HF) 2.00 0.812% $460.00 $0.00 $33.92 $493.92 1.016% High School Hockey 8.50 3.452% $1,955.00 $0.00 $0.00 $1,955.00 4.020% NWCRH Girls JV/Varsity Hockey 3.50 1.421% $805.00 $0.00 $0.00 $805.00 1.655% STMAHS JV/Varsity Boys 5.00 2.030% $1,150.00 $0.00 $0.00 $1,150.00 2.365% Private Rental 11.75 4.772% $2,682.05 $0.00 $197.77 $2,879.82 5.922% Minnesota Lakers 6.00 2.437% $1,380.00 $0.00 $101.76 $1,481.76 3.047% Private Rental -Taxable 4.75 1.929% $1,092.50 $0.00 $80.56 $1,173.06 2.412% Thirsty Thursday 1.00 0.406% $209.55 $0.00 $15.45 $225.00 0.463% Youth Hockey 224.00 90.964% $43,297.50 $0.00 $0.00 $43,297.50 89.041% District 5 Hockey(D5) 1.75 0.711% $402.50 $0.00 $0.00 $402.50 0.828% STMAYHA 222.25 90.254% $42,895.00 $0.00 $0.00 $42,895.00 88.214% 246.25 $48,394.55 $0.00 $231.69 $48,626.24 Generated By FinnlySport on 3/6/2024 11:59 PM STMA Arena Board 03/11/24 11 2024 STN A Arena Board Preliminary Budget($5/hr Increase) 2022 mod 2023 mod %change 2021 cash accrual accrual 2024 Prelim from 2023 to basis Actual 12/31/22 12/31/23 2023 Budget Budget 2024 Income Ice Rental $594,177.29 $663,016.10 $731,984.43 $711,350.00 $728,195.00 2.37% 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.(offseason 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 $841,995.00 2.39% 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 $6,780.63 Rental Rates Current Proposed Prime Rate(9/l/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 03/11/24 12