Recreation Expansion - Proposal
Recreation Expansion - Track and Field Differential Analysis - Effects of Project on Operating Costs
Capital Cost
$ 4,000,000
Year 1-5
Year 6-10
Year 11-15
Year 16-20
Year 21-25
Year 26-30 $ 400,000
$ 400,000
$ 400,000 $ 400,000 $ 400,000 $ 400,000
Revenues
Expenses Staffing Utilities
106,183 36,229 47,782 65,591 40,880 250,000 546,665
123,095 45,927 55,393 74,809 47,392 265,239 611,855
142,701 58,256 64,215 87,660 54,940 326,193 733,965
165,429 73,934 74,443 100,018 63,690 346,076 823,591
191,778 93,877 86,300 117,169 73,834 425,608 988,566
222,323 119,252 100,045 133,906 85,594 454,883
Maintenance Equipment
Other
Turf Renewal Total Expenses Operating Income/(Loss)
1,116,003
$ (146,665)
$ (211,855) $ (333,965) $ (423,591) $ (588,566)
$ (716,003)
Net Present Value
$ (1,384,750)
NOTE: This project is part of a much larger Recreation organization that is funded by the "Rec Fee" charged to all eligible Ellensburg students. Due to the significant increase of students since the SURC was built, the larger organization can fairly easily absorb any additional costs from this project.
The Proposed Expansion would be a part of a large CWU Recreation Center system. In reference to the recently completed six-year rolling budget projection, the following table shows a summary of the larger System over the next five years. The revenues and expenses of the expansion have been included in these figures. There are no fee increases included in these projections at present. CWU Recreation Center Operating Projection Summary
FY2019
FY2020
FY2021
FY2022
FY2023
Revenue Expense
$ 4,242,006
$ 4,345,195
$ 4,491,850
$ 4,628,688
$ 4,714,392
3,699,219
3,881,529
4,085,858
4,315,358
4,573,698
Net
$ 542,787
$ 463,667
$ 405,991
$ 313,330
$ 140,694
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