Idaho Falls

2016 Annual Report

Issue link: http://read.uberflip.com/i/799761

Contents of this Issue

Navigation

Page 30 of 31

www.ifrec.org 39% 11% 14% 18% 15% 3% Parks & Cemeteries Tautphaus Park Zoo Recreation Golf Capital projects Equipment replacement The Mission of the City of Idaho Falls Parks and Recreation Department is based on financial accountability where we strive to provide quality parks and recreation opportunities based upon cost efficiency and community needs. According to a recent study conducted by the National Association of Parks and Recreation, the average national cost recovery rate for municipal parks and recreation agencies is 29%. In 2016, the Department realized a cost recovery rate of more than 46%, which means more than 46% of the resources needed to run the Department were not generated through tax dollars. With the goal of developing a strategic fiscal plan to advance a sustainable capital maintenance and replacement program, the Idaho Falls City Council approved the establishment of a new Parks Capital Improvement Fund. City Council also approved a series of $1 dollar surcharges at several park facilities to help fund the new program. In 2016, more than $236,000 was raised for the Parks Capital Improvement Fund. The Department also raised more than $1.3 million in grants, in-kind donations and bequests to help offset future capital improvement and maintenance projects. Staff also participated in numerous public meetings and forums to review and discuss the 2016 budget that represented 16% of General Fund Expenditures and 6.5% of the total city budget. 2016 OPERATING BUDGET Recreational Revenues $515,573.38 Fees and Charges $471,392.66 Tautphaus Park Zoo fees $431,046.43 Recreation fees $1,058,691.38 Golf revenues $2,450,205.70 Capital improvement fees $236,858.13 Grants, donations, misc $728,216.22 TOTAL REVENUE $10,849,671.30 2016 USES OF RESOURCES Parks & Cemeteries $5,088,055.40 Tautphaus Park Zoo $1,472,198.19 Recreation $1,737,560.41 Golf $2,314,466.42 Capital projects $1,958,411.70 Equipment replacement $434,020.00 TOTAL USES OF RESOURCES $13,004,712.12 OTHER RESOURCES General Fund $7,126,741.02 Recreation - cash reserves $142,790.51 Capital Improvement - cash reserves ($142,998.37) Golf - cash reserves ($13,804.94) OTHER SOURCES AND USES OF RESOURCES $13,004,712.12 FINANCIAL HIGHLIGHTS 2016 DIVISION RESOURCES 2016 DEPARTMENTAL USE OF RESOURCES 30 4% 4% 3% 8% 18% 2% 5% 54% 1% -1% 0% Recreational Revenues Fees and Charges Tautphaus Park Zoo fees Recreation fees Golf revenues Capital improvement fees Grants, donations, misc General Fund Recreation - cash reserves Capital Improvement - cash reserves Golf - cash reserves 4% 4% 3% 8% 18% 2% 5% 54% 1% -1% 0% Recreational Revenues Fees and Charges Tautphaus Park Zoo fees Recreation fees Golf revenues Capital improvement fees Grants, donations, misc General Fund Recreation - cash reserves Capital Improvement - cash reserves Golf - cash reserves 39% 11% 14% 18% 15% 3% Parks & Cemeteries Tautphaus Park Zoo Recreation Golf Capital projects Equipment replacement

Articles in this issue

Links on this page

Archives of this issue

view archives of Idaho Falls - 2016 Annual Report