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October. 4, 1999 To: Steve Sarkozy City Manager From: Ed Burrell Finance Director RE -W Renewal of Roseville Area Youth Hockey Association Class A Premises Permit The Roseville Area Youth Hockey Association (RAHA) has applied for a renewal of then Class A premises Permit at the Knights of Columbus Hall. Below is a summary of RA HA's fina.neiai operation for 1998 and most of 1999. mments Neither our financial review or the Police inspections has indicated the presence of any concerns. Staff is therefore recommending renewal of the Roseville Area Youth Hockey Association's Mass A premises permit at the Knights of Columbus Hall. 1498 1999 Annual Thru Aug. Previous Year Carry -Over $40 $45,381.31 Total Revenue $1 1,101 X 270.68 Less Prizes 1.245h %00 801 377.00 Net Proceeds 483 .p450.00 244,893.68 Disbursements Taxes ry 45X9.00 26 Inventory Used 31,474.00 18 Compensation 1 12 42.00 70,404.35 Accounting 2 358.83 Advertising 1,070.00 821.00 Rent 86,500.00 58,550.00 Bond, Insurance 200.00 200.00 Cash Short 1 1,576.50 Misc. Expenses 2,845.00 2 Total Expenses 284.359.00 179,53 Profit Before Donations 144,041.00 115,359.44 ntributions\Federal and City Taxes 194,150.64 103.400.42 Net Profit $4 $11p489.07 Balance Carry -Over Beginning of Year $40,441.00 $45,381.31 Balance Carry -over End of Year $45,351.31 $57 mments Neither our financial review or the Police inspections has indicated the presence of any concerns. Staff is therefore recommending renewal of the Roseville Area Youth Hockey Association's Mass A premises permit at the Knights of Columbus Hall.