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Business Plan Budget Presentation Ppt - PDF

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					            Eaglecrest
          FY 09 - FY 10
        Budget Presentation




          FY 10 Eaglecrest
         Budget Presentation

• City and Borough of Juneau Finance
  Committee

• Eaglecrest Board of Directors
  – Wayne Stevens, Board Member
  – Kirk Duncan, General Manager




                                       1
   Revenue Growth Through FY 09


                      SALES 2002-2003 THROUGH 2008-2009
                           Number of Operating Days

$1,600,000
$1,400,000
$1,200,000
$1,000,000
 $800,000
 $600,000
 $400,000
 $200,000
      $-
             FY 03    FY 04     FY 05    FY 06     FY 07   FY 08     FY 09

              58      102        73       58        103     88           88




                     Financial          Review


                                FY 07            FY 08           FY 09
 Revenue                      $2,060,172 $2,146,611 $2,215,842
 Expenses                     $2,038,425 $2,094,687 $2,165,815
 Fund Contribution              $21,747          $51,924         $50,027




                                                                              2
                Success Stories
                  Operations

  • Revenues up 5% from last season’s record
    revenue year
  • Over 3,000 season passes or multi visit cards sold.
    Up from 1800 three years ago
  • Introduced “5th Graders ski free” program and 158
    students took advantage
  • Dimond Park Field House – Management Fee
  • 2nd year in a row – award winning 4th of July Float




                Success Stories
                Capital Projects
• Road to the top of the mountain – Completed
• Electrical power to the mountain – Completed
• Mid Mountain Lift – Towers standing
        –Completed this summer
• Beginner Lift – Ready for installation
• Ptarmigan Lift – Electrical conversion this
           summer




                                                          3
        Budgeted & Actual Fund
             Contribution


         Budget              Actual
FY 07     $ (25,999)          $   21,747
FY 08     $    8,798          $   51,924
FY 09     $ 22,300            $   50,027 Estimate
FY 10     $    95,000




          Added Costs FY 2010

 • Alaska DOT Road Plowing         $15,000
 • Cost of Living increase         $60,000
 • Added Benefits (due to COLA)    $25,200

 • Total Anticipated new costs    $100,200




                                                    4
       Status of Business Plan

• Stabilized business model
  – Enhanced and improved quality of services
  – Reorganized into a functioning business
• Diversified seasonal business
• Commenced fund repayment 3 years
  ahead of plan
• Set up a fund raising plan (501 c3)
  – Eaglecrest Foundation




         Questions/Comments




                It’s Your Mountain




                                                5

				
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