HomeMy WebLinkAboutMemo - Mail Packet - 5/5/2020 - Memorandum From John Stokes Re: Revenue Situation For Recreation, Cultural Services, Parks And GolfCity Manager’s Office
City Hall
300 LaPorte Ave.
PO Box 580
Fort Collins, CO 80522
970.221.6505
970.224.6107 - fax
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Memorandum
Date: April 30, 2020
To: Mayor and City Councilmembers
From: John Stokes, Interim Director, Community Services
Through: Darin Atteberry, City Manager
Kelly DiMartino, Deputy City Manager
Re: Revenue Situation for Recreation, Cultural Services, Parks and Golf
The purpose of this memo is to provide a brief response to the request for information from the
Leadership Planning Team about the revenue situation for Cultural Services and Recreation. The
memo also includes an update on impacts to Parks and Golf.
With the exception of Golf, figures presented below reflect actual impacts through April 30
combined with estimates through May.
In Recreation, actual and anticipated lost revenue for the Recreation Department is
$1,050,000. This is 15% of annual budgeted earned revenue (does not include General
Fund). The loss represents 12% of annual budgeted revenues (which include earned,
general fund, and KFCG support). While revenues are diminished, expenses also have
been reduced. Savings data are not included in this memo but are planned for future
analyses.
In Cultural Services, actual and anticipated revenue loss is $406,000. This represents
11% of annual budgeted earned revenue for The Lincoln Center, Gardens on Spring
Creek and the Carnegie Center for Creativity. Overall, it represents 6.4% of annual
budgeted revenues (which include general fund resources). While revenues are
diminished, expenses also have been reduced. Savings data are not included in this
memo – but are planned for future analyses.
The Parks Department has lost approximately $45,000 in revenues associated with event
rentals. It is estimated that an additional $61,000 in revenues would be lost through May
if events continue to be cancelled. Together, these figures represent 37% of this revenue
stream.
The potential for lost Golf revenues has been calculated through April 30 at $522,000,
which represents 15% of 2020 budgeted revenue. Golf courses were reopened on April
27 with strict operating procedures to maintain public health.
Staff will develop additional analyses to help frame the budget situation and to assist with
decision-making in the months to come.
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