Fiscal Note
The attached budget amendment requires no subsidy of pool operations for the year 2007. Updated projections have indicated the need for a significant increase of budgetary authority for hourly wages, largely for lifeguards. This expenditure increase is to be offset mainly by the recognition of additional revenues and Foundation grants. The revised budget anticipates the generation of a small surplus of $1,189, which would be retained by the Municipal Pool special revenue fund. No appropriation is required, nor is any impact upon the levy anticipated.
Title
Amending the 2007 operating budget to authorize adjustments to expenditure and revenue categories within the Municipal Pool budget.
Body
WHEREAS, a review of actual 2006 expenditures and current revenue and expenditure projections indicate a number of adjustments are needed to the 2007 adopted budget for the Municipal Pool for the upcoming season; and
WHEREAS, the adopted 2007 budget includes a directive for the creation of a comprehensive business and management plan for the Pool, thereby enabling the best management of this valuable resource; and
WHEREAS, the plan is required to include the following provisions:
1. An increase of $0.25 for children's daily admissions, $0.50 for adult daily admissions, and $10.00 for seasonal passes. Prices for concession items will also be increased to reflect market forces.
2. A marketing and advertising component. Special efforts will be made to sell more season passes.
3. A plan to take full advantage of scholarship funding provided, resulting in increased revenues for the Pool.
4. A staffing plan which will be based upon the most careful consideration of hourly workforce staff.
5. An open dates and times calendar. Minor adjustments to open hours or season length may be considered.
6. No General Fund subsidy; and
WHEREAS, Pool and Parks Division management have outlined several policies and management practices to...
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