Page 14 - CityofNRHFY25AdoptedBudget

FISCAL YEAR 2024-2025
SCHEDULE 8 - SUMMARY OF REVENUES AND EXPENDITURES

PARK AND RECREATION FACILITIES DEVELOPMENT FUND

ADOPTED REVISED ADOPTED
ACTUAL ACTUAL BUDGET BUDGET BUDGET
FY 2021/22 FY 2022/23 FY 2023/24 FY 2023/24 FY 2024/25
EXPENDITURES

OPERATING
Park Facilities Development Admin. $728,514 $760,641 $736,144 $727,350 $752,111
Parks & Public Grounds 2,027,206 2,112,482 2,302,646 2,338,620 2,348,574
Athletic Program Services 167,687 151,109 240,205 171,514 176,225
Tennis Center Operations 635,605 642,095 608,477 700,127 707,622
Non-Departmental 52,385 75,567 112,908 124,102 159,264
TOTAL OPERATING $3,611,397 $3,741,895 $4,000,380 $4,061,713 $4,143,796

NRH CENTRE
Center Management $926,763 $1,033,342 $1,061,944 $1,079,845 $1,128,922
Fitness 399,026 393,344 383,543 392,458 398,718
Building Operations 231,098 306,901 270,936 277,630 294,120
Aquatic 775,242 803,528 811,805 819,860 818,260
Recreation Sports 294,591 356,745 381,700 391,850 395,122
Grand Hall 299,902 343,773 343,370 340,314 344,574
Building Services 275,090 315,123 414,017 414,017 455,143
TOTAL NRH CENTRE $3,201,712 $3,552,756 $3,667,315 $3,715,974 $3,834,859
OTHER & RESERVES
Debt Service $470,035 $442,005 $441,958 $431,505 $421,005
Indirect Costs 503,097 501,201 551,249 551,249 469,207
Transfers
Parks Capital Projects 644,000 1,168,000 1,472,746 1,494,795 2,611,319
Parks NRH Centre 0 200 0 0 487,102
Aquatic Park Capital Projects 0 0 0 0 1,810,000
Impact Fee Capital Projects 297,075 0 0 0 34,000
Economic Development Transfer 165,242 172,748 175,950 175,322 180,577
Planned Contribution to Fund Balance
Parks Fund Reserves 0 0 1,736,588 1,944,507 0
NRH Centre Fund Reserves 318,026 0 0 0 0
Impact Fee Reserves 69,574 0 75,000 75,000 11,000
TOTAL OTHER & RESERVES $2,467,049 $2,284,154 $4,453,491 $4,672,378 $6,024,210

TOTAL EXPENDITURES $9,280,158 $9,578,805 $12,121,186 $12,450,065 $14,002,865
BALANCE $1,601,793 $2,139,859 $0 $0 $0

14