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SECTION THREE: BUILDING A CASE |
3.14 OPERATING BUDGET ASSUMPTIONS |
- Full-time salary costs include an aquatic coordinator at $78,000/annum, maintenance staff hours at $60,000/annum (17.00 per hour at 3,500 hours per annum) and part-time administrative staff at $39,700 per annum (2,648 hours at 15.00 per hour)
- Part t-time staff are calculated at $17.00/hour for supervisors$ 13.00/hour for lifeguards, $13.00/hour for instructional staff and $27.00/hour for aqua fitness instructors
- Fringe benefits are calculated at 20% for full-time staff and 10.5% for part-time staff
- Lessons are scheduled at 3 Fall/Winter/Spring sessions at 10 weeks length. The summer is scheduled at 9 weeks including 5 lesson sessions
- Lesson registrations are calculated at 75% fill rates for each of the 6, 7, and 8 lane pool types.
- The pool types are each scheduled for a 2 week maintenance shut down annually
- Lesson fees are calculated at an average rate of $5.50 /children's lesson, $9.50 for an adult lesson, $16.90 per semi-private lesson and $10.00 per lesson for Bronze medallion and other leadership courses. This is reflective of an average across the greater Toronto Area
- All assumptions and figures would need to be modified to reflect the community in question; this is provided as a sample only
| BUDGET ITEM |
6 LANE |
7 LANE |
8 LANE |
| REVENUES |
| Swim Lessons |
285,200 |
316,500 |
384,000 |
| Rental Revenue |
65,400 |
79,400 |
90,300 |
| Recreational Swim and Other Revenues |
40,000 |
40,000 |
40,000 |
| TOTAL REVENUE |
390,600 |
435,900 |
514,300 |
| EXPENDITURES |
| Full Time Staff |
184,700 |
184,700 |
184,700 |
| PART-TIME STAFF |
| Swim Lessons |
156,000 |
168,000 |
190,500 |
| Recreation/Lane Swim |
153,500 |
153,500 |
153,500 |
| Lifeguards for Competitions/Rentals |
35,700 |
49,600 |
49,600 |
| Total Part-Time Staff |
345,200 |
371,100 |
393,600 |
| OTHER OPERATIONAL EXPENDITURES |
| Mileage/Conference/Training/Program Supplies |
4,600 |
4,600 |
4,600 |
| Equipment Repair and Maintenance Supplies |
5,500 |
6,000 |
6,500 |
| Utilities (hydro gas water) $7.50/Square Foot |
298,300 |
311,200 |
327,000 |
| GROSS EXPENDITURES |
838,300 |
877,600 |
916,400 |
| NET DEFICIT |
447,700 |
441,700 |
402,100 |
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