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FI T L4L � R
<br /> The financial projections listed below are based on the fo llo�vi ng assumptions:
<br /> 1. provision of projected tax support.
<br /> 2. No major revisions in existing policies and regulations.
<br /> 3. No catastrophic activities such as tornadoes, roof collapses
<br /> 4. Construction of Gymnastics Center and community groom at Skating Center
<br /> Elements which may adversely affect projections.
<br /> 9 Transition year for gymnastics (1996)
<br /> *Competition for recreation dollars
<br /> *Establishment of major private fitness center in Roseville
<br /> *Adverse weather conditions
<br /> *Activity Center instability
<br /> NOTE: 1. Business plan needs improvement (list units of participation, growth needed to sustain financial
<br /> summaries', resource plan, seasonal business plan, urges of volume needed). (615/95). Exploring
<br /> ways to develop bend marks.
<br /> 2. Need depreciation schedule for major equipment (6/5195). Scheduled already developed.
<br /> OTE.. PLEASE REFER TO ANN-UAL BUDGET FOR SPECIFIC TARGET GOALS IN EACH
<br /> CATEGORY
<br /> Parks and Recreafion Dept- 5 Year Financial Plan
<br /> 19941 1"5 19915 1996 1996 1997 1997 1998 19"
<br /> Revere acs Actual Froj led Actual Projected Actual Projmted Actual Projected Projected
<br /> Taxes 864,974 8745-000 875,842 900,220 873,652 927P227 897$366 9551043 983,695
<br /> Fees 1,274 074 11369,630 1,214-P 120 1,438}111 1154,590 1x510,017 123453,669 1,585,517 1,664,793
<br /> Donations 1351)062 1009.000 68,415 10030W 155,772 100.,000 789570 100,E 1001000
<br /> Other 119,792 1 150 100,000 129,9 3 100,000 162,923 to 100,000
<br /> Total 23931,902 27443,630 2,308#573 2,5387331 2-X3.937 2,637}243 2,4847528 277407561 2118481488
<br /> Revenues
<br /> Expenns 2,4051651 2,453.164 27268,740 2,527,377 21P2323279 2,6031198 2,38 7,879 2,16$1,294 2,761,733
<br /> Net -
<br /> --
<br /> Dirferen
<br /> NOTE: Both projections and actuals in this business plan do not incline debt service and subsequent
<br /> operating interest,
<br /> 6
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