Changes from FY20
Fee revenue is projected down 52% in FY21 due to a planned closure of the facility in order to replace the turf field. Supplemental income in the form of a General Fund subsidy of $58,192 along with the usage of $17,500 in retained earnings will ensure that the fund is solvent in FY21.
Personal Services expenditures are reduced by 36% for FY21. This is due to the closure of the field and a reduction in required maintenance hours during that time.
Ordinary Maintenance expenditures are reduced by 25% for FY21. This is also due to the closure of the field during the turf replacement project.