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2025-02-10 STMA Arena Board Packet .am 'y"city Of '04 Rw A�Ibertvfllc SmaN'tawn UvW9.Mg nty Ufa. � iiuuauum iooiouomuouuuuoouuumwosmu omomvovvrmoamsumuk imai pir, U0TM STMA ARENA BOARD AGENDA Monday, February 10, 2025 Albertville City Hall Council Chambers 6pm 1. Call to Order 2. Adopt Agenda 3. Appointment of Chair and Acting Chair (Motion appoint to serve as Chair and , to serve as Acting Chair) 4. Joint Powers Arena Board Overview—staff presentation 5. Approval of the STMA Arena Board Minutes—OCTOBER 14, 2024 (pgs. 1-3) 6. Finance Reports a. Approve the October 2024 Payment of Claims as presented in the amount of $60,809.69 and October 2024 Finance Report (pgs. 4-7) b. Approve the November 2024 Payment of Claims as presented in the amount of $20,293.56 and November 2024 Finance Report(pgs. 8-11) c. Approve the December 2024 Payment of Claims as presented in the amount of $78,968.21 and December 2024 Finance Report (pgs. 12-16) d. Approve the January 2025 Payment of Claims as presented in the amount of $20,562.49 and January 2025 Finance Report(pgs. 17-20) 7. Arena Manager a. Monthly Report and Ice Usage Stats —January 2025 (pgs. 21-24) 8. Old Business 9. New Business a. Tort Liability Coverage Waiver(pgs. 25-26) (Motion to waive the monetary limits on municipal tort liability established by Minn. Slat. 466.04, to the extent of the limits of the liability coverage obtained from LMCIT.) b. Preliminary 2025 Budget and Rates (pgs. 27-28) STMA Ice Arena Board February 10, 2025 Page 2 of 2 10. STMA Youth Hockey Association 11. Announcements and/or Upcoming Meetings March 10 STMA Arena Board, 6 pm 12. Adjournment IUI �OpppiOppp a�� 'Fa A.,lbertville ������� d Small'Tasu.iu n living.Big 6 OUm„u life. ST. MICHAEL-ALBERTVILLE ARENA BOARD REGULAR MEETING MINUTES October 14, 2024-6pm Council Chambers Albertville City Hall Present: Chairman Cocking, Members Gleason, Wettschreck, Dwinnell, Weber and Hayden. Absent: Lewis. Carol Steffens with STMA School Board attended can Beard in place of Mr. Lewis absence. Also Present: City Administrator Nafstad, Finance Clerk Moseng, STMA Arena Manager Fitch, Adam Frost for STMA Youth Hockey, Rick Aulwes Buildings & Grounds for STMA School District, Dr. Ann-Marie Foucault the STMA Superintendent of Schools, Douglas Birk the Executive Director of Admin Services for STMA School District&Nick Walzburger STMA School District Legal Council 1. Call to Order Chairman Cocking called the meeting to order at 6:00 pm. 2. Adopt Agenda MOTION made by Member Weber, seconded by Member Dwinnell to adopt the Agenda as presented. Ayes: Gleason, Wettschreck, Dwinnell, Cocking, Weber, Hayden. Nays: None. Absent: Lewis. The motion carried, 3. Approval of Minutes Carol Steffens (stand-in for Member Lewis)had an edit to the Minutes in regards to 45 Finance Reports should be Written red-flags vs read flags. Mr. Nafstad confirmed the typo and would correct. MOTION made by Member Gleason, seconded by Member Wettschreck to approve the September 9,2024 Board Meeting Minutes as presented with the edit. Ayes: Gleason, Wettschreck, Dwinnell, Cocking, Hayden. Nays: None. Absent: Lewis. The motion carried. 5. Finance Reports The Board were prodded the September 2024 Payment of Claims as presented in the amount of $33,647.06 and September 2024 Finance Report. STMA Arena Board 02/10/25 1 STMA Arena Board October 14,2024 Minutes Page 2 6. Arena Manager's Report Ms. Dwinnell had asked previously about prior-year agreement prices with SCR. Mr. Fitch went over with SCR the annual pricing for a handful of years for comparison. Ms. Dwinnell agreed that the blanket agreement is a good-value for the Arena for the maintenance coverage. Mr. Fitch gave thanks to Kris Luedke, Albertville City Clerk, on the updates made to the City's website directing people to the website for Open Skate/Open Hockey scheduling. Mr. Fitch commented that Learn to Skate started Sunday with a good attendance turnout. He stated this program is a good feeder-program for the Mites. 7. Old Business Holiday Closures: Mr. Nafstad referenced the holiday (Juneteenth)that was added to the 2024 calendar generating discussion about which holidays the facility operates and,doesn't. Historically, the Arena has operated when there is a demand for ice and staff availability. Nafstad the Cities and School District have different polices for the holidays. Nafstad said the board will need to establish which holidays will be observed by the arena, and staff will budget and set the calendar accordingly. Dr. Foucault presented the key points from the prior memo referencing State Statue 645.44 sub. 5. Eleven (11) days are designated as state holidays. Seven (7) of those days, the school is legally prohibited from having school, renting out facilities and having practices or games. The seven (7) holidays are: President's Day, Memorial Day, , uneteenth,;Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. They can have school on four(4) of the eleven (11) days as long as there is a program or I recognition of the holiday (Indigenous Peoples Day, Martin Luther King Day, Veterans Day and President's Day). There was further discussion,clanfieation'and opinions among the Board and Nick Walzburger, STMA District legal counsel.`Member Gleason asked about the Activity Center schedule/hours; Dr. Foucault responded that the Activity Center follows the School District schedule. Following,the discussion Nafstad concluded that a calendar would be created showing the Arena closed on the seven (7) holidays. Arena Advertising: Mr. Nafstad gave a re-cap'regarding the agreement in place with STMA Youth Hockey for advertising sales for certain locations around the Blue & Gold rinks ($20,000 annually) for exclusive rights. Dr. Foucault reported that a work-session is being held on December 2,prior to the School Board meeting. It is understood the School District is evaluating the advertising agreement for the Blue rink. STMA Youth Hockey is paid in full through 8/31/25 for the current advertising agreement. Should a change happen, a notice would need to be sent according to the agreement. Further conversation and information will be brought to a future meeting. STMA Arena Board 02/10/25 2 STMA Arena Board October 14,2024 Minutes Page 3 8. New Business None. 9. Youth Hockey Association Adam Frost stated he had nothing to report at this time. The 15U B State Tournament will be hosted by STMA Youth Hockey March 14-16, 2025 at the STMA Arena. 10. Announcements and/or Upcoming Meetings November 12 STMA Arena Board, 6 pm (Tuesday)—Chair Cocking mentioned the meeting will be cancelled due to limited Agenda items and Board absences. 11. Adjournment Chairman Cocking adjourned the meeting at 6:43pm. Respectfully submitted, Kristie Moseng, Finance Clerk STMA Arena Board 02/10/25 3 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 October 2024 (Cash Basis) 2024 Actual 2024 YTD October 2024 YTD % of STMA Arena 2024 Budget Actual 10/31/24 Budget Income Ice Rental $728,195.00 $67,520.00 $448,631.95 61.61% Concessions $80,000.00 $2,969.95 $46,794.15 58.49% Room Rental $0.00 $0.00 $515.00 Other Revenues(Advertising/LMC/Ins Claims/ATM) $22,500.00 $0.00 $25,948.84 115.33% Vending $2,300.00 $140.00 $1,239.95 53.91% Open Skate/Hockey, etc. $9,000.00 $290.00 $3,590.00 39.89% Reimbursement $0.00 $0.00 $1,830.00 0.00% Misc. Revenue $0.00 $0.00 $0.00 0.00% Total Income $841,995.00 $70,919.95 $528,549.89 62.77% Expenses Salaries,Wages,Taxes&Benefits $336,764.16 $21,567.98 $242,832.00 72.11% Supplies(Office,Misc) $500.00 $0.00 $101.99 20.40% Supplies(Concession) $44,500.00 $0.00 $15,970.27 35.89% Fuel,Misc. $500.00 $0.00 $12.00 2.40% Professional Services $20,000.00 $1,201.29 $29,125.23 145.63% Sales Tax $7,304.00 $22.17 $4,517.36 61.85% Telephone $1,750.00 $200.90 $722.23 41.27% Monitoring $250.00 $10.74 $571.66 228.66% Electric $175,000.00 $43,986.58 $115,292.36 65.88% Gas $72,900.00 $2,605.31 $36,883.69 50.59% Water $12,500.00 $974.76 $9,818.66 78.55% Refuse $8,500.00 $221.42 $2,931.11 34.48% Insurance $37,800.00 $0.00 $26,682.62 70.59% Education/Training $500.00 $0.00 $250.00 50.00% Administration $15,546.22 $1,295.52 $12,955.20 83.33% Misc. $5,700.00 $0.00 $1,828.00 32.07% Repair Maintenance-Machinery $20,000.00 $188.33 $11,137.69 55.69% Repair Maintenance-Building $75,000.00 $7,411.14 $57,042.46 76.06% Total Operating Expenses $835,014.38 $79,686.14 $568,674.53 68.10% NetIncome/Loss $6,980.62 ($8,766,19) ($40,1221,64) STMA Arena Board 02/10/25 4 STMA ARENA CASH BALANCES AND RECEIVABLES October 31, 2024 Cash Balance Operation Est. Cash Balance Operations l/l/24 $ 348,366.50 Add Revenues $ 528,549.89 Less Expenses $ 568,674.53 Est.Cash Balance Operations 10/31/24 $ 308,241.86 Accounts Receivable (invoiced) Operations October 23, 2024 - S49,098.49 Team .Amount Due 0-30 Days A0-60 days 60-90 days 90 days&0vet. Lakes Ai-ea Training $ 2,448.16 $ 757.00 $ 1,69116 Mega Goaltending $ 34 449.40 $ 162.20 $ 14.862.20 $ 19,425.00 Premier Prep HS League $ 4,230.00 $ 4,230.00 River Havvks Summer Training $ 3,820.89 $ 31.38 $ 3138 $ 3;758 13 STMA Squirt S rin -Summer Hockey Ctab $ 4,150.04 $ 4.150.04 Total $ 49,098.49 $ 950.58 $ 24,964.78 $ 19,425.00 $ 3,75S.D Ctment 0-30 days 1 $950.58 1 1.940/a 00 days1 $24 964.78 50.850ia 60 90 days 1 $19,425.00 1 39.560a ovei-90day I S3,758.1i I 7.650ia Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est.Beginning Balance l/l/24 $ 277,682.00 Invoiced St.Michael$15,000 $ 15,000.00 Invoiced ISD 885 $15,000 $ 15,000.00 Invoiced City of Albertville$15,000 $ 15,000.00 Invoiced ISD 885 $3335.00 $ 3,335.00 Xcel Energy Rebate $ 6,607.00 Box Heaters $ (1,330.00) Scoreboard $ (17,000.00) Low-E Ceiling $ (70,790.00) Xcel Energy Rebate $ 11,196.30 Donations Albertville Utility Billing $ 36.48 Balance 10/31/24 $ 254,736.78 STMA Arena Board 02/10/25 5 STMA Arena Vendor Check Detail Register October 2024 14430 e 10/02/24 XCEL ENERGY E 810-00000-381 Electric Utilities $30,397.55 8950181015898 Lachman Ave Arena 8/7/24-9/8/24 14433 e 10/01/24 MEDICA E 810-00000-131 Employer Paid Health $2,955.64 OCTOBER 2024 Emp Health Insurance 14436 e 10/01/24 MET LIFE LIFE INSURANCE E 810-00000-130 Employer Paid Ins $444.07 OCTOBER 2024 Emp Life, Dental, Dis, Vision 14444 e 10/07/24 BROTHERS FIRE & SECURITY,INC E 810-00000-405 R/M - Buildings $325.00 W35855 2024 Annual Alarm Inspection-Arena E 810-00000-405 R/M - Buildings $423.00W35999 2024 Annual Fire Sprinkler Inspections 14450 e 10/07/24 CTM SERVICES,INC E 810-00000-404 R/M - Machinery/Equip$102.337299 Equipment Repair 14465 e 10/07/24 MR CUTTING EDGE LLC E 810-00000-404 R/M - Machinery/Equip $86.00 6908 Equipment Repair 14477 e 10/07/24 SCR,INC E 810-00000-405 R/M - Buildings $2,873.75 AC011198 Monthly Blanket- Oct 2024 14500 e 10/07/24 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $219.37 OCT 2024 Water Bill 09/17/24 87-0000310-00-5 E 810-00000-382 Water Utilities $755.39 OCT 2024 Water Bill 09/17/24 87-0000315-00-0 14502 a 10/17/24 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee$1,295.52 OCT 2024 10/24 Arena Admin Fee 14504 a 10/21/24 ABDO E 810-00000-301 Auditing/Accounting Svcs $423.74 496533 FS Accounting-Hourly 14512 e 10/21/24 CINTAS FIRST AID & SAFETY E 810-00000-405 R/M - Buildings $80.70 5233231209 Medical Supplies 14525 a 10/21/24 SCR,INC E 810-00000-405 R/M - Buildings $2,445.27 AW14062 Equipment Repair 14526 e 10/21/24 VESTIS GROUP,INC E 810-00000-405 R/M - Buildings $70.85 2530323166 Janitorial Supplies 14531 e 10/21/24 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-327 Monitoring $10.74 35031664465 Elevator Monitoring-5898 Lachman Ave 14534 a 10/18/24 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $22.17 OCT 2024 Arena Sales Tax 14541 e 10/31/24 XCEL ENERGY E 810-00000-381 Electric Utilities $13,589.03 5898 Lachman Ave Arena 9/8/24-10/7/24 STMA Arena Board 02/10/25 6 14558 a 10/07/24 ELAN FINANCIAL SERVICES E 810-00000-321 Telephone/Data $100.45 00152630815 Spectrum 07/30/24-09/14/24 E 810-00000-405 R/M - Buildings $50.33 SEPT 2024Misc Supplies &Materials E 810-00000-300 Professional Svcs $109.90 SEPT 20240ffice Supplies 14612 e 10/03/24 SIGNAPAY E 810-00000-300 Professional Svcs $59.92 OCT 2024 Arena CC Merchant Fee 43113 10/07/24 DUANES SEPTIC SERVICE,LLC E 810-00000-405 R/M - Buildings $800.00 6866 Pump Ice Melt from Pit 9/13/24 43119 10/07/24 JURRENS OUTDOOR SERVICES LLC E 810-00000-405 R/M - Buildings $309.24 INV-2898 Mowing 8/7, 8/14, 8/21, 8/28 43141 10/21/24 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $2,605.31 OCT 2024 5898 Lachman Ave 8/28/24-9/27/24 43153 10/21/24 STEP SAVER,INC. E 810-00000-405 R/M - Buildings $33.00 177271 Bulk Salt 43155 10/21/24 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $221.42 7988119- Trash Removal 5898 Lachman Ave 810 STMA Arena $60,809.69 STMA Arena Board 02/10/25 7 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 November 2024 (Cash Basis) 2024 Actual 2024 YTD November YTD % of STMA Arena 2024 Budget 2024 Actual 11/30/24 Budget Income Ice Rental $728,195.00 $9,290.00 $457,921.95 62.88% Concessions $80,000.00 $12,501.75 $59,295.90 74.12% Room Rental $0.00 $60.00 $575.00 Other Revenues(Advertising/LMC/Ins Claims/ATM) $22,500.00 $618.36 $26,567.20 118.08% Vending $2,300.00 $76.75 $1,316.70 57.25% Open Skate/Hockey, etc. $9,000.00 $272.00 $3,862.00 42.91% Reimbursement $0.00 $0.00 $1,830.00 0.00% Misc. Revenue $0.00 $0.00 $0.00 0.00% Total Income $841,995.00 $22,818.86 $551,368.75 65.48% Expenses Salaries,Wages,Taxes&Benefits $336,964.16 $15,060.95 $257,892.95 76.53% Supplies(Office,Misc) $500.00 $0.00 $101.99 20.40% Supplies(Concession) $44,500.00 $6,391.83 $22,362.10 50.25% Fuel,Misc. $500.00 $0.00 $12.00 2.40% Professional Services $20,000.00 $57.50 $29,182.73 145.91% Sales Tax $7,304.00 $588.77 $5,106.13 69.91% Telephone $1,750.00 $100.45 $822.68 47.01% Monitoring $250.00 $10.74 $582.40 232.96% Electric $175,000.00 $0.00 $115,292.36 65.88% Gas $72,900.00 $0.00 $36,883.69 50.59% Water $12,500.00 $932.43 $10,751.09 86.01% Refuse $8,500.00 $515.37 $3,446.48 40.55% Insurance $37,800.00 $0.00 $26,682.62 70.59% Education/Training $500.00 $0.00 $250.00 50.00% Administration $15,546.22 $1,295.52 $14,250.72 91.67% Misc. $5,700.00 $450.00 $2,278.00 39.96% Repair Maintenance-Machinery $20,000.00 $0.00 $11,137.69 55.69% Repair Maintenance-Building $75,000.00 $6,551.24 $63,593.70 84.79% Total Operating Expenses $835,214.38 $31,954.80 $600,629.33 71.91% NetIncome/Loss $6,780.62 ($9,135.94) ($49,260.58) STMA Arena Board 02/10/25 8 STMA ARENA CASH BALANCES AND RECEIVABLES November 30, 2024 Cash Balance O erations Est. Cash Balance Operations l/l/24 $ 348,366.50 Add Revenues $ 551,368.75 Less Expenses $ 600,629.33 Est.Cash Balance Operations 11/30/24 $ 299,105.92 Accounts Receivable (invoiced) Operations November 30, 2024 - $16,380.36 Vendor Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over Hockey Finder $1,975.70 $1,975.70 NWCRH Girls Varsity Hockey $1,233.75 $1,233.75 Premier Prep HS League $35.32 $35.32 STMA Boys High School Team $8,916.25 $8,916.25 STMA Squirt Spring Summer Hockey $4,219.34 $69.30 $4,150.04 Total $16,380.36 $12,230.32 $0.00 $0.00 $4,150.04 Current 0-30 days $12,230.32 74.66% 30-60 days $0.00 0.00% 60-90 days $0.00 1 0.00% over 90 day $4,150.04 1 25.34% Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est.Beginning Balance l/l/24 $ 277,682.00 Invoiced St.Michael$15,000 $ 15,000.00 Invoiced ISD 885 $15,000 $ 15,000.00 Invoiced City of Albertville$15,000 $ 15,000.00 Invoiced ISD 885 $3335.00 $ 3,335.00 Xcel Energy Rebate $ 6,607.00 Box Heaters $ (1,330.00) Scoreboard $ (17,000.00) Low-E Ceiling $ (70,790.00) Xcel Energy Rebate $ 11,196.30 Donations Albertville Utility Billing $ 36.48 Balance 11/30/24 $ 254,736.78 STMA Arena Board 02/10/25 9 STMA Arena Vendor Check Detail Register November 2024 14539 a 11/01/24 MEDICA E 810-00000-131 Employer Paid Health $2,955.64 NOV 2024 Emp Health Insurance 14557 e 11/01/24 MET LIFE LIFE INSURANCE E 810-00000-130 Employer Paid Ins $444.07NOV 2024 Emp Life, Dental, Dis, Vision 14560 e 11/04/24 ACE OF ALBERTVILLE-ARENA E 810-00000-405 R/M -Buildings $9.99 133666/1 Misc Supplies &Materials E 810-00000-405 R/M - Buildings $19.37 133803/1 Misc Supplies &Materials E 810-00000-405 R/M - Buildings $14.18 133820/1 Misc Supplies &Materials E 810-00000-405 R/M -Buildings $31.97 133881/1 Misc Supplies &Materials E 810-00000-405 R/M - Buildings $17.98 133910/1 Misc Supplies &Materials 14568 a 11/04/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $1,086.32 43836599015 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $454.72 44057521021 Arena Concessions 14580 e 11/04/24 VESTIS GROUP,INC E 810-00000-405 R/M - Buildings $70.85 2530333158 Janitorial Supplies 14584 a 11/04/24 WATSON COMPANY,INC E 810-00000-252 Food/Concessions-Resale $1,885.37 145538 Arena Concessions E 810-00000-252 Food/Concessions-Resale $1,195.07 145674 Arena Concessions E 810-00000-252 Food/Concessions-Resale $1,770.35 145806 Arena Concessions 14607 e 11/12/24 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee$1,295.52 11/24 Arena Admin Fee 14621 e 11/18/24 ACE OF ALBERTVILLE -ARENA E 810-00000-405 R/M - Buildings $9.99 134000/1 Misc Supplies &Materials E 810-00000-405 R/M -Buildings $42.55 134249/1 Janitorial Supplies E 810-00000-405 R/M -Buildings $35.98 134262/1 Misc Supplies &Materials 14627 e 11/18/24 BECKER ARENA PRODUCTS,INC E 810-00000-405 R/M - Buildings $1,471.93 614388 Repair E 810-00000-405 R/M - Buildings $1,376.00 614403 Labor 14634 e 11/18/24 COURI&RUPPE E 810-00000-304 Legal Fees $57.50 OCT 2024 Ice Arena 14648 a 11/18/24 PREMIUM WATERS INC E 810-00000-405 R/M - Buildings $35.46 802827-10-24 Bulk Water 14650 e 11/18/24 RUSSELL SECURITY RESOURCE INC E 810-00000-405 R/M - Buildings $54.00 A50234 Medeco Keys 14651 e 11/18/24 SCR,INC E 810-00000-405 R/M - Buildings $2,873.75 AC011346 Monthly Blanket-Nov 2024 14659 a 11/18/24 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-327 Monitoring $10.74 35031732464 Elevator Monitoring-5898 Lachman STMA Arena Board 02/10/25 10 14662 e 11/12/24 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $219.89 NOV 2024 Water Bill 10/21/24 87-0000310-00-5 E 810-00000-382 Water Utilities $712.54 NOV 2024 Water Bill 10/21/24 87-0000315-00-0 14663 e 11/18/24 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $588.77 NOV 2024 Arena Sales Tax 14671 e 11/05/24 ELAN FINANCIAL SERVICES E 810-00000-321 Telephone/Data $100.45 Arena Spectrum Business 8/30/24-10/14/24 43169 11/04/24 STEP SAVER,INC. E 810-00000-405 R/M -Buildings $78.00 177906 Bulk Salt 43181 11/18/24 JURRENS OUTDOOR SERVICES LLC E 810-00000-405 R/M - Buildings $309.24 INV-2946 Mowing 9/4, 9/11, 9/18, 9/25 43185 11/18/24 MINNESOTA DEPT OF HEALTH E 810-00000-433 Dues& Subscriptions $450.00 2025 License Renewal 43186 11/18/24 MN DEPT OF LABOR&INDUSTRY E 810-00000-405 R/M - Buildings $100.00 ALRO168787X Elevator Annual Permit 43192 11/18/24 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $515.37 8000059- Trash Removal 5898 Lachman Ave 810 STMA Arena $20,293.56 STMA Arena Board 02/10/25 11 vfi�p„ City Of A,lbertville N j C h a 0 Smolt"IP'ap Awii living.Big u"Aiy life. uvFr. v1: o mm iommiuuoioMooiommwmn'mmommmomumommmmmmmim^rM91vn STMA Arena Budget to Actual December 2024 (Cash Basis) 2024 YTD December 2024 2024 Actual %of STMAArena 2024 Budget Actual YTD 12/31/24 Budget Income Ice Rental $ 728,195.00 $ 302,834.75 $ 760,756.70 104.47% Concessions $ 80,000.00 $ 18,376.25 $ 77,672.15 97.09% Room Rental $ - $ - $ 575.00 Other Revenues (Advertising/LMC/Ins Claims/ATM; $ 22,500.00 $ 1,221.75 $ 27,788.95 123.51% Vending $ 2,300.00 $ 285.50 $ 1,602.20 69.66% Open Skate/Hockey,etc. $ 9,000.00 $ 330.00 $ 4,192.00 46.58% Reimbursement $ - $ - $ 1,830.00 0.00% Misc.Revenue $ - $ - $ - 0.00% Total Income $841,995.00 $323,048.25 $874,417.00 103.85% Expenses Salaries,Wages,Taxes&Benefits $ 336,964.16 $ 63,712.97 $321,605.92 95.44% Supplies(Office,Misc) $ 500.00 $ 19.32 $ 121.31 24.26% Supplies(Concession) $ 44,500.00 $ 13,434.69 $ 35,796.79 80.44% Fuel,Misc. $ 500.00 $ 168.65 $ 180.65 36.13% Professional Services $ 20,000.00 $ 3,615.30 $ 32,798.03 163.99% Sales Tax $ 7,304.00 $ 740.86 $ 5,846.99 80.05% Telephone $ 1,750.00 $ 100.45 $ 923.13 52.75% Monitoring $ 250.00 $ 10.74 $ 593.14 237.26% Electric $ 175,000.00 $ 21,735.07 $ 137,027.43 78.30% Gas $ 72,900.00 $ 8,654.48 $ 45,538.17 62.47% Water $ 12,500.00 $ 1,122.77 $ 11,873.86 94.99% Refuse $ 8,500.00 $ 407.53 $ 3,854.01 45.34% Insurance $ 37,800.00 $ 8,056.00 $ 34,738.62 91.90% Education/Training $ 500.00 $ - $ 250.00 50.00% Administration $ 15,546.22 $ 1,295.52 $ 15,546.24 100.00% Misc. $ 5,700.00 $ - $ 2,278.00 39.96% Repair Maintenance—Machinery $ 20,000.00 $ 3,778.24 $ 14,915.93 74.58% Repair Maintenance—Building $ 75,000.00 $ 6,108.85 $ 69,702.55 92.94% Property Taxes $ 7,000.00 $ 6,455.41 $ 6,455.41 Total Operating Expenses $ 842,214.38 $ 139,416.85 $ 740,046.18 87.87% Net Income/Loss ($21938) $ 183,631.40 $ 134,370.82 STMA Arena Board 02/10/25 12 STMA ARENA CASH BALANCES AND RECEIVABLES December 31, 2024 Cash Balance O erations Est. CashBalance Operations l/l/24 $ 348,366.50 less 2024 Revenues Collected2025 $ 109,433.75 add 2024 Payables $ 7,339.63 Add Revenues $ 874,417.00 Less Expenses $ 740,046.18 Est.Cash Balance Operations 12/31/24 $ 380,643.20 Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est.Beginning Balance l/l/24 $ 277,682.00 Invoiced St.Michael$15,000 $ 15,000.00 Invoiced ISD 885 $15,000 $ 15,000.00 Invoiced City of Albertville $15,000 $ 15,000.00 Invoiced ISD 885 $3335.00 $ 3,335.00 Xcel Energy Rebate $ 6,607.00 Box Heaters $ (1,330.00) Scoreboard $ (17,000.00) Low-E Ceiling $ (70,790.00) Xcel Energy Rebate $ 11,196.30 Donations Albertville Utility Billing $ 36.48 Balance 12/31/24 $ 254,736.78 STMA Arena Board 02/10/25 13 STMA Arena Vendor Check Detail Register December 2024 14594 e 12/03/24 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $3,707.63 NOV 2024 5898 Lachman Ave 9/28/24-10/28/24 14674 e 12/02/24 COMPASS GROUP USA, INC E 810-00000-254 Soft Drinks/Mix-Resale $2,254.50 MSP113374Arena Concessions 14675 e 12/02/24 CTM SERVICES, INC E 810-00000-404 R/M - Machinery/Equip $567.79 7488 Equipment Repair/Part/Accessory 14680 e 12/02/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $378.40 44276983019 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $954.00 44388964017 Arena Concessions 14681 e 12/02/24 LAWINGER ELECTRIC CONTRACTOR E 810-00000-405 R/M - Buildings $1,590.15 5268 Post Meter/Meter Repair 14688 e 12/02/24 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $70.85 2530343 103 Janitorial Supplies 14692 e 12/02/24 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale $528.51 146064 Arena Concessions E 810-00000-252 Food/Concessions-Resale$2,996.96146203 Arena Concessions 14696 e 12/05/24 XCEL ENERGY E 810-00000-381 Electric Utilities $11,123.38 903527508 5898 Lachman Ave 10/7/24-11/5/24 14703 e 12/02/24 MEDICA E 810-00000-131 Employer Paid Health $2,955.64 DEC 2024 Emp Health Insurance 14704 e 12/02/24 MET LIFE LIFE INSURANCE E 810-00000-130 Employer Paid Ins $444.07 DEC 2024 Emp Life, Dental, Dis, Vision 14741 e 12/09/24 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $407.53 8012453- Trash Removal 5898 Lachman Ave 14745 e 12/31/24 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $4,946.85 DEC 2024 5898 Lachman 10/29/24-11/26/24 14748 e 12/10/24 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee$1,295.52 DEC 2024 12/24 Arena Admin Fee 14749 e 12/05/24 ELAN FINANCIAL SERVICES E 810-00000-321 Telephone/Data $100.45 Spectrum Business 9/30/24-11/14/24 E 810-00000-200 Office Supplies $19.32 Office Supplies 14750 e 12/01/24 SIGNAPAY E 810-00000-300 Professional Svcs $263.19 DEC 2024 Arena CC Merchant Fee 14756 e 12/18/24 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $740.86 DEC 2024 Arena Sales Tax STMA Arena Board 02/10/25 14 14759 e 12/16/24 ACE OF ALBERTVILLE -ARENA E 810-00000-405 R/M - Buildings $21.98 134432/1 Misc Supplies & Materials E 810-00000-405 R/M - Buildings $129.99 134478/1 Misc Supplies & Materials E 810-00000-405 R/M - Buildings $95.94 134531/1 Misc Supplies & Materials 14767 e 12/16/24 CINTAS FIRST AID & SAFETY E 810-00000-405 R/M - Buildings $192.89 5242506904 Medical Supplies 14776 e 12/16/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $722.72 44616803004 Arena Concessions 14783 e 12/16/24 MR CUTTING EDGE LLC E 810-00000-404 R/M - Machinery/Equip $231.00 7066 Equipment Repair 14786 e 12/16/24 PREMIUM WATERS INC E 810-00000-405 R/M - Buildings $42.45 802827-11-24 Bulk Water 14788 e 12/16/24 SCR, INC E 810-00000-405 R/M - Buildings $2,873.75 ACO11499 Monthly Blanket- Dec 2024 14791 e 12/16/24 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale$1,749.94146483 Arena Concessions 14794 e 12/16/24 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $220.41 Water Bill 11/19/24 87-0000310-00-5 E 810-00000-382 Water Utilities $902.36 Water Bill 11/19/24 87-0000315-00-0 14814 e 12/26/24 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $1,151.08 44705168015 Arena Concessions 14827 e 12/26/24 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale$2,690.81 146661 Arena Concessions 14829 e 12/26/24 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-327 Monitoring $10.7435031800458 Elevator Monitoring-5898 Lachman 14832 e 12/24/24 XCEL ENERGY E 810-00000-381 Electric Utilities $10,611.69 906948641 5898 Lachman Ave 11/5/24-12/8/24 14839 e 12/31/24 CTM SERVICES, INC E 810-00000-404 R/M - Machinery/Equip $998.31 7566 Equipment Repair 14841 e 12/31/24 FERRELLGAS LP E 810-00000-212 Motor Fuels $168.65 2040574191Propane 14844 e 12/31/24 MR CUTTING EDGE LLC E 810-00000-404 R/M - Machinery/Equip $123.00 7140 Equipment Repair 14849 e 12/31/24 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $70.85 2530352795Janitorial Supplies 43194 12/02/24 BANYON DATA SYSTEMS E 810-00000-300 Professional Svcs $224.50 165904 PM Software Updates 43203 12/02/24 STEP SAVER, INC. E 810-00000-405 R/M - Buildings $69.00 179326 Bulk Salt STMA Arena Board 02/10/25 15 43215 12/16/24 LEAGUE OF MN CITIES INSURANCE TRUST E 810-00000-150 Workers Comp (GENERAL)$8,056.00 STMA Youth Hockey WC41005028-8 43222 12/16/24 WRIGHT COUNTY PROPERTY TAXES E 810-00000-511 Taxes on City Property $6,455.41 2024 Property Taxes/R101-052-001010 43226 12/26/24 BESSER WELDING AND E 810-00000-405 R/M - Buildings $500.00 15442 Repair Door Latching Systems - Gold 43231 12/26/24 HILLYARD, INC. E 810-00000-404 R/M - Machinery/Equip $844.40 605684301 Janitorial Supplies 43244 12/31/24 HILLYARD, INC. E 810-00000-404 R/M - Machinery/Equip $82.56 605695094 Janitorial Supplies 43251 01/09/25 ACE OF ALBERTVILLE -ARENA E 810-00000-405 R/M - Buildings $56.96 134906/1 Misc Supplies & Materials 43261 01/09/25 HILLYARD, INC. E 810-00000-404 R/M - Machinery/Equip $931.18 605659303 Janitorial Supplies 43267 01/09/25 PREMIUM WATERS INC E 810-00000-405 R/M - Buildings $35.46 802827-12-24 Bulk Water 43268 01/09/25 STEP SAVER, INC. E 810-00000-405 R/M - Buildings $84.00 180018 Bulk Salt 43269 01/09/25 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $46.58 2530355316Janitorial Supplies 43272 01/16/25 ABDO, LLP E 810-00000-301 Auditing/Accounting Svcs $3,000.00 500444 Certified Audit Svcs 12/31/24 43273 01/16/25 B & D PLUMBING HEATING& AIR E 810-00000-405 R/M - Buildings $228.00 6193705 Equipment Repair 810 STMA Arena $78,968.21 STMA Arena Board 02/10/25 16 w vfi�p„ m �,C11y of A.1bertAlle ommul0i��aio°n°luom mm Snial Town Living. 8 Il#ks, u� I� uui mouauum iooiouomuouwmoouuumw�osmuu»7lomomvovvmitoamsumuli^gmai�{pgv STMA Arena Budget to Actual January 2025 (Cash Basis) 2025 YTD 2025 Prelim January 2025 2025 Actual %of STMA Arena Budget Actual YTD 01/31/25 Budget Income Ice Rental $ 743,940.00 $ (920.00) $ (920.00) -0.12% Concessions $ 80,000.00 $ 20,826.55 $ 20,826.55 26.03% Room Rental - Other Revenues (Advertising/LMC/Ins Claims/ATM; $ 22,500.00 $ 236.25 $ 236.25 1.05% Vending $ 2,300.00 $ 92.50 $ 92.50 4.02% Open Skate/Hockey,etc. $ 6,000.00 $ - $ - 0.00% Reimbursement $ - $ - $ - 0.00% Misc.Revenue $ - $ 285.00 $ 285.00 0.00% Total Income $854,740.00 $20,520.30 $20,520.30 2.40% Expenses Salaries,Wages,Taxes&Benefits $ 364,739.91 $ 29,701.31 $ 29,701.31 8.14% Supplies (Office,Misc.) $ 500.00 $ - $ - 0.00% Supplies (Concession) °p $ 40,000.00 $ 4,802.92 $ 4,802.92 12.01% Fuel,Misc. $ 500.00 $ - $ - 0.00% Professional Services °p $ 21,200.00 $ 807.31 $ 807.31 3.81% Sales Tax $ 7,064.00 $ 1,401.18 $ 1,401.18 19.84% Telephone $ 1,400.00 $ 100.45 $ 100.45 7.18% Monitoring $ 650.00 $ 10.74 $ 10.74 1.65% Electric $ 160,500.00 $ - $ - 0.00% Gas $ 67,800.00 $ - $ - 0.00% Water $ 13,500.00 $ 1,072.37 $ 1,072.37 7.94% Refuse $ 6,000.00 $ 732.70 $ 732.70 12.21% Insurance $ 39,700.00 $ - $ - 0.00% Education/Training $ 500.00 $ - $ - 0.00% Administration $ 16,012.61 $ 1,334.38 $ 1,334.38 8.33% Misc. $ 11,500.00 $ 1,901.72 $ 1,901.72 16.54% Property Taxes $ 7,000.00 - Repair Maintenance—Machinery $ 20,000.00 $ - $ - 0.00% Repair Maintenance—Building $ 75,000.00 $ 4,848.51 $ 4,848.51 6.46% Total Operating Expenses $ 853,566.52 $ 46,713.59 $ 46,713.59 5.47% Net Income/Loss $1,173.48 $ (26,193.29) $ (26,193.29) STMA Arena Board 02/10/25 17 STMA ARENA CASH BALANCES AND RECEIVABLES January 31, 2025 Cash Balance Operations Est. Cash Balance Operations l/l/24 $ 380,643.20 add 2024 Revenues Collected 2025 $ 109,433.75 less 2024 Payables $ 7,339.63 Add Revenues $ 20,520.30 Less Expenses $ 46,713.59 Est.Cash Balance Operations 01/31/25 $ 456,544.03 Accounts Receivable (invoiced) Operations January 31, 2025 - $15,000 Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over City of St. Michael S 15,000.00 $ 15,000.00 Total S 15,000.00 S 15,000.00 S - Current 0-30 days $15,000.00 100.00% 30-60 days 1 $0.00 1 0.00% 60-90 days 1 $0.00 1 0.00% over 90 day $0.00 1 0.00% Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est.Beginning Balance l/l/24 $ 277,682.00 Invoiced St.Michael$15,000 $ 15,000.00 Invoiced ISD 885 $15,000 $ 15,000.00 Invoiced City of Albertville$15,000 $ 15,000.00 Invoiced ISD 885 $3335.00 $ 3,335.00 Xcel Energy Rebate $ 6,607.00 Box Heaters $ (1,330.00) Scoreboard $ (17,000.00) Low-E Ceiling $ (70,790.00) Xcel Energy Rebate $ 11,196.30 Donations Albertville Utility Billing $ 36.48 Balance 01/31/25 $ 254,736.78 STMA Arena Board 02/10/25 18 STMA Arena Vendor Check Detail Register January 2025 14854 e 01/01/25 MET LIFE LIFE INSURANCE E 810-00000-130 Employer Paid Ins $461.60 JAN 2025 Emp Life, Dental, Dis, Vision 14882 e 01/01/25 MEDICA E 810-00000-131 Employer Paid Health $3,109.33 JAN 2025 Emp Health Insurance 14883 e 01/06/25 ELAN FINANCIAL SERVICES E 810-00000-252 Food/Concessions-Resale $15.54 Concessions E 810-00000-252 Food/Concessions-Resale $12.95 Concessions E 810-00000-252 Food/Concessions-Resale $15.54 Concessions E 810-00000-321 Telephone/Data $100.45 Spectrum Business 10/30/24-12/14/24 14894 e 01/20/25 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $732.70 8026245- Trash Removal 5898 Lachman Ave 14901 e 01/13/25 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $220.92 JAN 2025 Water Bill 12/17/24 87-0000310-00-5 E 810-00000-382 Water Utilities $851.45 JAN 2025 Water Bill 12/17/24 87-0000315-00-0 14904 e 01/21/25 BECKER ARENA PRODUCTS, INC E 810-00000-405 R/M - Buildings $578.78 614988 Termination Shield Support 14906 e 01/21/25 COMPASS GROUP USA, INC E 810-00000-254 Soft Drinks/Mix-Resale $1,008.74 MSP116651Arena Concessions 14912 e 01/21/25 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $400.80 44989088014 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $680.40 45095041015 Arena Concessions 14920 e 01/21/25 RUSSELL SECURITY RESOURCE INC. E 810-00000-405 R/M - Buildings $1,205.00 A50823 Repair Exit Device Latch Gold Rink 14921 e 01/21/25 SCR, INC E 810-00000-405 R/M - Buildings $2,873.75 ACO11649 Monthly Blanket- Jan 2025 14924 e 01/21/25 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $46.58 253035795 1 Janitorial Supplies 14927 e 01/21/25 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale$1,281.71 147012 Arena Concessions E 810-00000-252 Food/Concessions-Resale$1,387.24147167 Arena Concessions 14928 e 01/21/25 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-327 Monitoring $10.7435031869460 Elevator Monitoring-5898 Lachman 14942 e 01/17/25 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $1,401.18 Arena Sales Tax 14947 e 01/02/25 SIGNAPAY E 810-00000-300 Professional Svcs $550.31 JAN 2025 Arena CC Merchant Fee 14954 e 01/29/25 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee$1,334.38 01/25 Arena Admin Fee STMA Arena Board 02/10/25 19 43285 01/21/25 B & D PLUMBING HEATING&AIR E 810-00000-405 R/M - Buildings $50.00 6194263 Leaking Outlet for Water Heater 43286 01/21/25 BANYON DATA SYSTEMS E 810-00000-300 Professional Svcs $257.00 166072 Fund,Payroll &UB Support 43287 01/21/25 BROADCAST MUSIC, INC. E 810-00000-433 Dues & Subscriptions $1,881.00 57108763 Estimated Fee 1/l/25-12/31/25 43301 01/21/25 NAPA AUTO PARTS E 810-00000-405 R/M - Buildings $94.40 412837 Misc Supplies & Materials 810 STMA Arena $20,562.49 STMA Arena Board 02/10/25 20 m 'y city of 004 Rw A�Ibertvfllc SmaN'tawn UvW9.Mg nty Ufa. � iiuuauum iooiouomuouuuuoouuumw�osmu omomvovvrmoamsumuk imai pir, UWTM MANAGER'S GENERAL UPDATE Date: February 101h 2025 To: STMA Arena Board From: Grant Fitch, STMA Arena Manager ARENA MONTHLY RENTAL HOURS—JANUARY User Hours Sold STMAYHA 424 hours Actual (363.25) 60.75 Resurface hours AAA 7 hours HS 96.25 hours Adult Hockey 8 hours Public Skating/OH 3.75 hours Private rentals 0 hours Total Hours 478.25 (Actual 539 with Resurface times) January Budget Projection 450 February Projected 415 "Billed Hours for December 2024 474.50 "Public Skating/OH ($5-$10/Head) 3.75 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 $195/hr and is the same as there winter non-prime. Rates for the 2024-25 season are actual and taken from the MIAMA annual survey. Rates don't include sales tax. Rates for the 2025-26 season are projected to go up $5 to $10 based on past trends and increased energy bill. Ice Rates 2024-25 Season 2023-24 Season 2022-23 Season Rogers A=$235/B=$180 A=$225/B=$170 A=$220/B=$165 Monticello A=$225/B=$185 A=$220/B=$185 A=$215/B=$180 Buffalo A=$240/B=$186 A=$235/B=$183 A=$228/B=$177 Elk River A=$255/B=$204 A=$235/B=$175 A=$230/B=$175 Delano A=$280/B=$260 A=$275/B=$235 A=$265/B=$220 Maple Grove A=$235/B=$195 A=$235/B=$195 A=$230/B=$190 Plymouth A=$265/B=$220 A=$260/B=$210 A=$245/B=$200 Sartell A=$220/B=$210 A=$215/B=$185 A=$185 St Cloud MAC A=$190 A=$190 A=$185 Blaine S-Rink A=$250 A=$235/$165 A=$230/B=$165 STMA A=$235/B=$180 A=$230/B=$175 A=$225/B=$170 STMA Arena Usage Statistics: Attached are the Blue and Gold Rink hours for January I"to January 31", 2025. Times are broken down by event type STMAYHA: Thanks to the HS Girls & Boys Booster Clubs and STMAYHA for coordinating and installing the College Display for local players that went on to play at the college Level STMA Arena Board 02/10/25 21 STMA Ice Arena Board February loth, 2025 Agenda Page 2 of 2 Operations: Issues with pipes freezing in the upper family bathroom, working with the School to install some electric heat in restroom. MOMMM rail, vYiiiu��lliu uuiuvu � �iY�ioi� vvvvvv r P uoiuuu � v lu!d '� u u u� Y Y / I / 'i✓J J1JJ111)ll i � mi %/ J. � �l�/ /✓ )) i v Ili/l1iJJJJJ����JJ ul✓✓IIIIIIIII��/ /�f1J1f�1 /ii/;��� ✓ .r�✓i ✓�t /aw.l/li ,r,��l((�m� rl a ✓ cr✓,r/l✓ar✓,Il////lrR. ✓�✓,cur<��(f(,/�;;✓'„�/�r;�,/1(��..(G �,;,,.,, �i, .,,,�.�/,�ry,.'� ,1�.,. �f„ � �//II/�pli'�III%(/'�„ "rff��f//'/ ��N%/i%/��///��J�/�/lr%� %%i�/r��/�f Jl��`✓�;��/ J� !%l��r//�%'e, ,, o � �IVgI ������/�%iil�����/i ilia/////���%/%�//�,,;�,,,��/�l%��"/'li���J���n��llllllllllll"///%/✓//,Jig%,;. STMA Arena Board 02/10/25 22 Blue Rink Usage Statistics - Account 1/1/2025 to 1/31/2025 No Time restrictions All Days of the Week Selected Facilites AAA Hockey 4.00 1.483% $940.00 $0.00 $69.32 $1,009.32 1.719% Midwest Hockey Program 4.00 1.483% $940.00 $0.00 $69.32 $1,009.32 1.719% (MHP) Adult Hockey 6.00 2.224% $1,380.00 $0.00 $101.76 $1,481.76 2.524% Hockey Finder (HF) 6.00 2.224% $1,380.00 $0.00 $101.76 $1,481.76 2.524% High School Hockey 71.50 26.506% $18,672.50 $0.00 $0.00 $18,672.50 31.807% NWCRH Girls JV/Varsity Hockey 32.75 12.141% $8,516.25 $0.00 $0.00 $8,516.25 14.507% STMAHS JV/Varsity Boys 38.75 14.365% $10,156.25 $0.00 $0.00 $10,156.25 17.301% Public Sessions 3.75 1.390% $0.00 $0.00 $0.00 $0.00 0.000% Open Skate 3.75 1.390% $0.00 $0.00 $0.00 $0.00 0.000% Youth Hockey 184.50 68.397% $37,541.25 $0.00 $0.00 $37,541.25 63.949% STMAYHA 184.50 68.397% $37,541.25 $0.00 $0.00 $37,541.25 63.949% 269.75 $58,533.75 $0.00 $171.08 $58,704.83 STMA Arena Board 02/10/25 23 Gold Rink f Usage Statistics - Account 1/1/2025 to 1/31/2025 No Time restrictions All Days of the Week Selected Facilites AAA Hockey 3.00 1.114% $705.00 $0.00 $51.99 $756.99 1.385% Midwest Hockey Program 3.00 1.114% $705.00 $0.00 $51.99 $756.99 1.385% (MHP) Adult Hockey 2.00 0.743% $460.00 $0.00 $33.92 $493.92 0.904% Hockey Finder (HF) 2.00 0.743% $460.00 $0.00 $33.92 $493.92 0.904% High School Hockey 24.75 9.192% $5,816.25 $0.00 $0.00 $5,816.25 10.642% NWCRH Girls JV/Varsity Hockey 10.50 3.900% $2,467.50 $0.00 $0.00 $2,467.50 4.515% STMAHS JV/Varsity Boys 14.25 5.292% $3,348.75 $0.00 $0.00 $3,348.75 6.127% Youth Hockey 239.50 88.951% $47,587.50 $0.00 $0.00 $47,587.50 87.069% STMAYHA 239.50 88.951% $47,587.50 $0.00 $0.00 $47,587.50 87.069% 269.25 $54,568.75 $0.00 $85.91 $54,654.66 STMA Arena Board 02/10/25 24 a. aim 'y.clty of A.1bertAlle snuo Townes ft CRY Uj.. vl� uuomouauumiooiouomuoumuuoouuumw�osmuu»7lomomvovvvmoamsumuli^gmai�{pgv TM Tort Liability Insurance Renewal Date: December 9, 2024 To: STMA Arena Board From: Tina Lannes, Finance Director Attached is the waiver form for review. It is recommended the Arena Board consider the following motion: Motion to waive the monetary limits on tort liability to the extent of the limits of the liability coverage obtained from LMCIT. The STMA Arena Board has in past years waived our monetary limits on tort liability and purchased additional coverage up to the $2,000,000 per occurrence and in aggregate. The League of Minnesota Cities Insurance Trust(LMCIT)requires and the SECTION L LIABILITY COVERAGE WAIVER FORM states that members obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide whether or not to waive the statutory tort limits to the extent of the coverage purchased. This decision must be made by the governing board. Entities purchasing coverage must complete and return this form to LMCIT before the effective date of the coverage. Upon submission of this "signed and dated" Waiver Form, the LMCIT will issue an Extension of Coverage Binder effective with a 03/10/25 effective date. It usually takes more than thirty (30) days for the LMCIT to process a renewal application. The Extension of Coverage Binder assures the coverage beyond the 03/10/25 renewal date. STMA Arena Board's Insurance Agent continues to recommend waiving the monetary limits on tort liability for the Arena. STMA Arena Board 02/10/25 25 LMCLAGUE MIN N ESOTA CITIES LIABILITY COVERAGE WAIVER FORM Members who obtain liability coverage through the League of Minnesota Cities Insurance Trust (LMCIT) must complete and return this form to LMCIT before their effective date of coverage. Email completed form to your city's underwriter,to>3stechc�lmc.or�, or fax to 651.281.1298. Members who obtain liability coverage from LMCIT must decide whether to waive the statutory tort liability limits to the extent of the coverage purchased. The decision to waive or not waive the statutory tort limits must be made annually by the member's governing body, in consultation with its attorney if necessary. The decision has the following effects: • If the member does not waive the statutory tort limits, an individual claimant could recover no more than $500,000 on any claim to which the statutory tort limits apply. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether the member purchases the optional LMCIT excess liability coverage. • If the member waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could recover up to $2,000,000 for a single occurrence(under the waive option,the tort cap liability limits are only waived to the extent of the member's liability coverage limits, and the LMCIT per occurrence limit is $2,000,000). The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to $2,000,000,regardless of the number of claimants. • If the member waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. LMCIT Member Name: Check one.- El The member DOES NOT WAIVE the monetary limits on municipal tort liability established by Minn. Stat. 466.04. ❑ The member WAIVES the monetary limits on municipal tort liability established by Minn. Stat. § 466.04,to the extent of the limits of the liability coverage obtained from LMCIT. Date of member's governing body meeting: Signature: Position: League of Minnesota Cities 3/2/2023 Liability Coverage Waiver Form STMA Arena Board 02/10/25P2§e 1 a. eWi 'y,clty of A.1bertAlle t` Michael snuo Townes ft CRY UJ.. vl� uuomouauumiooiouomuoumuuoouuumw�osmuu»7lomomvovvvmoamsumuli^gmai�{pgv TM 2025 Preliminary Budget Date: February 6, 2025 To: STMA Arena Board From: Adam Nafstad, City Administrator Attached is the Preliminary 2025 Arena Budget. Budgeted income is primarily based on ice rental, which assumes ice utilization similar to 2024. The proposed budget assumes there are no changes to the advertising agreements, and the proposed budget does not include ice rental rate adjustments. Rental Rates Current Proposed Prime Rate(9/l/25 to 3/15/26) $235 $235 High School Game Rate $275 $275 School Day Rate(8:30-3:00)effective 9/l/24 $160 $160 Summer Rate(0 to 200 hrs) effective 9/l/24 $180 $180 Summer Rate(Over 200 hrs) $160 $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 2025 Preliminary Budget projects total income in the amount of$854,700, and total operating expenses in the amount of$853,566.52, resulting in net income of$1,173.48. 2024 is expected to show net income of approximately $100,000. In 2024, generally, ice sales were higher than projected, and expenses related to salaries, concessions, and utilities, were less than projected. Staff will be present at your meeting on February 101h to present the proposed budget. STMA Arena Board 02/10/25 27 2025 STMA Arena Board Draft Budget 2024 mod 2022 cash 2023 cash accrual 2025 Prelim %change from basis Actual basis actual 12/31/24 2024 Budget Budget 2024 to 2025 Income Ice Rental $663,016.10 $731,984.43 $760,756.70 $728,195.00 $743,940.00 2.16% Concessions $79,311.05 $86,017.01 $77,668.15 $80,000.00 $80,000.00 0.00% Room Rental $0.00 $445.00 $575.00 $0.00 $0.00 Other Revenues(A&LMC/Streaming TV) $21,519.00 $22,546.95 $27,788.95 $22,500.00 $22,500.00 0.00% Vending $2,369.95 $2,631.75 $1,602.20 $2,300.00 $2,300.00 0.00% Open Skate/Hockey,etc.(off season fill in) $8,994.08 $6,020.00 $4,192.00 $9,000.00 $6,000.00 -33.33% Reimbursement $8,121.58 $10,127.58 $1,830.00 $0.00 $0.00 Misc.Revenue $20.00 $0.00 $0.00 $0.00 $0.00 Total Income $783,351.76 $859,772.72 $874,413.00 5841,995.00 5854,740.00 1.51% Expenses Salaries,Wages,Taxes&Benefits $283,039.62 $301,582.47 $321,605.92 $336,964.16 $364,739.91 8.24% Supplies(Office,Misc.) $60.61 $158.68 $121.31 $500.00 $500.00 0.00% Supplies(Concession) $37,835.36 $38,289.61 $35,796.79 $44,500.00 $40,000.00 -10.11% Fuel,Misc. $389.56 $337.72 $180.65 $500.00 $500.00 0.00% Professional Services $23,795.32 $16,361.35 $32,798.03 $20,000.00 $21,200.00 6.00% Sales Tax $7,788.40 $7,442.45 $5,846.99 $7,304.00 $7,064.00 -3.29% Telephone $1,867.36 $1,442.13 $923.13 $1,400.00 $1,400.00 0.00% Monitoring $10.74 $593.14 $600.00 $650.00 8.33% Electric $161,553.59 $157,792.00 $146,711.19 $175,000.00 $160,500.00 -8.29% Gas $78,722.74 $65,177.04 $63,110.00 $72,900.00 $67,800.00 -7.00% Water $8,874.82 $10,364.77 $12,573.86 $12,500.00 $13,500.00 8.00% Refuse $9,097.14 $7,969.33 $4,254.01 $8,500.00 $6,000.00 -29.41% Insurance $27,501.00 $34,883.50 $34,738.62 $37,800.00 $39,700.00 5.03% Education/Training $75.00 $0.00 $250.00 $500.00 $500.00 0.00% Administration $14,227.04 $14,653.80 $15,546.24 $15,546.22 $16,012.61 3.00% Misc. $3,188.57 $4,698.75 $8,733.41 $5,700.00 $11,500.00 101.75% Repair Maintenance-Machinery $10,166.38 $15,794.58 $14,915.93 $20,000.00 $20,000.00 0.00% Repair Maintenance-Building $82,295.82 $90,408.32 $69,702.55 $75,000.00 $75,000.00 0.00% Total Operating Expenses $750,478.33 $767,367.24 $774,857.18 5835,214.38 5853,566.52 2.20% Net Income/Loss $32,873.43 $92,405.48 $99,555.82 $6,780.62 $1,173.48 Rental Rates Current Prime Rate(9/l/25 to 3/15/26) $235 High School Game Rate $275 School Day Rate(8:30-3:00)effective 9/1/24 $160 Summer Rate(0 to 200 hrs)effective 9/1/24 $180 Summer Rate(Over 200 hrs) $160 STMA Arena Board 02/10/25 28