Page 84 - FY 24 Budget Forecast at Adoption.xlsx

FY 2023-24 Five-Year Operating Fund Outlook

The Keller Pointe Fund

FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29

Revenues
Charges for Service 3,220,019 3,316,620 3,416,119 3,518,602 3,624,160
Other Revenue 23,457 24,886 25,632 25,632 26,401
Total Revenue $3,243,477 $3,340,781 $3,441,004 $3,544,235 $3,650,562

Expenditures
Personnel services 1,739,914 1,805,161 1,872,854 1,943,086 2,015,952
Operations & 337,535 347,661 358,091 368,834 379,899
maintenance
Services & other 1,133,572 1,167,579 1,202,606 1,238,684 1,275,845
Capital outlay - - - - -
Future Anticipated 33,375 31,500 41,840 157,500 31,000
needs
Total Expenditures $3,236,031 $3,338,893 $3,457,416 $3,684,817 $3,673,736

Variance $7,446 $1,888 $(16,411) $(140,583) $(23,174)

Five-Year Outlook Notes:

 The Pointe revenues were negatively impacted by COVID-19 during FY 2019-20 and into FY 2021-22. FY
2022-23 revenues reflected the beginning of normal usage and also included a 4% increase to membership
fees. Revenues going forward assume normal usage.
 FY 2024-25 through FY 2028-29 include various one-time building improvements and equipment
replacements that averages $34,043 per year.
 In addition to the annual improvements mentioned above, FY 2027-28 includes one-time costs of $125,000
for track re-surfacing. The replacements will be reviewed to ensure the Pointe maintains fund balance
requirements.

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