SPORTS & FITNESS DEPARTMENT 2018 DRAFT BUDGET PRESENTATION - - PowerPoint PPT Presentation

SPORTS & FITNESS DEPARTMENT 2018 DRAFT BUDGET PRESENTATION

2017 Highlights

• Consistency in Programs
• Presence at HRCA Events
• Jr. Nuggets Partnership
• HR Herald Features
• Solidified Management Team
• Employee Development

Trending Data

• Increasing Competition in All Sports &

Fitness Related Areas (Fitness Studios, Martial Arts Studios, Race Events in Highlands Ranch, Tennis Facilities, Therapeutic Recreation Programs)

• Increase in Highly Specialized Sports

Training Businesses (Club Sports, Elite Performance Training Studios)

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Challenges / Issues

• Technology Upgrade
• Increasing Competition & New Facilities
• Gym/Programming Space
• Increased Contract Pricing
• Tennis Pavilion Renovation
• Minimum Wage Increase

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2017/2018 Budget Overview

• Martial Arts (Tae Kwon Do)
• Net Revenue Gains (2013-$12,496 2014-$17,671 2015-$23,851 2016-$24,052)
• Studio Transition to Northridge
• Consistent Participation Despite Competition
• Adult Sports (Basketball, Soccer, Volleyball, Lacrosse, Racquetball)
• League Participation (Teams: 2013-213 2014-219 2015-239 2016-267)
• Individual Registrations
• Beach Volleyball Growth (Teams: 2016-5 2017-15)

2017/2018 Budget Overview

• Youth Sports (Volleyball, Soccer,

Lacrosse, Basketball, Flag Football, Fencing)

• Camps Well Attended (Fencing Camps up 30%)
• HS Programs Growing (HS Racquetball up 80%)
• Jr. Nuggets Partnership
• Give Sports Used Equipment Drive
• Therapeutic Recreation

(Lessons, Classes, Special Olympics, iCan Bike)

• Exceeding Budget for 2017
• Program Revenues Up 15% YTD

2017/2018 Budget Overview

• Tennis (Leagues, Camps, Lessons, Tournaments)
• Net Revenues (2013-$116,876 2014-$144,872 2015-$169,153 2016-$185,169)
• Decrease in Junior Team Tennis (2015-120 2016-125 2017-45)
• New Parker Facility
• Group Exercise/Personal Training

(Group Ex, Personal Training, Boot Camp, Specialty Classes)

• Hot Yoga Studio
• Passes Transitioning from Cash to Accrual
• Employee Health & Wellness Initiatives

2017/2018 Budget Overview

• Race Series (5K’s, Kids’ Triathlon, MTB Races, Half-Marathon)
• Race Director Transition
• Four Years Running In-House
• Children’s/Early Bird Pricing
• MTB Series Partnership

2013-300 registered 2014-669 registered 2015-673 registered 2016-581 registered 2017-556 registered 2013-728 registered 2014-997 registered 2015-996 registered 2016-1,060 registered 2017- 1,071 registered 2013-696 registered 2014-933 registered 2015-994 registered 2016-1,008 registered 2017- 862 registered 2013-254 registered 2014-282 registered 2015-448 registered 2016-606 registered 2017-993 registered 2013-236 registered 2014-807 registered 2015-1,078 registered 2016- 970 registered 2017- TBD

2017/2018 Budget Overview

Total Sports & Fitness Net Revenue

$736,050 2017 Budget $770,883 2017 Revised Forecast $804,800 2018 Budget

2018 Budget Breakdown

$2,657,000 Gross Revenue $1,852,200 Total Direct Expense $ 804,800 Net Revenue

Questions?

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