APPRO-2023-30 : Fiscal 2024 Mt. Hood Enterprise Operating Budget

Transcript (~7 min @ 0:58)

Speakers identified by voice; unnamed voices are numbered within this recording. Auto-caption text — verify against the video.

▶ 0:54 Leila Migliorelli: Time. Okay. If there's no objection, I'd like to close public comments. Seeing none, we are now closed for public comment. Since we have members of the administration here tonight to speak on the items before us, I'd like to motion by unanimous consent to suspend the rules before we proceed. Seeing no objection, the rules are now suspended. First on our agenda tonight is appropriation 2023 dash 30, fiscal 2024 Mount Hood Enterprise Operating Budget. Tonight we have Bill Gardner, chair of the Parks Commission here to speak with us on this order. And, uh, director Joan Bell.

▶ 1:33 Speaker 1: 2023. Four Manhood.

▶ 1:40 Speaker 3: Welcome. Thank you. Um, bill Gardner, uh, chairman of the Park Commission, uh, with Joan Bell. Um, you've seen the submittals. Um, we're pretty much level funded except for the fact that we're asking for another $200,000, um, on the professional line item because of the fact we made money last year, which is a good thing. Uh, so I don't think there's anything different that we've asked for in the past. There's nothing that comes out of the city budget for the most part. Um, the Mount Hood Enterprise Fund funds itself. And, uh, we just wanna make sure that the, uh, budget line items, um, line up with, with, with the money we're gonna make. Last year was a good year for sure, and we're looking forward to a better year this year.

▶ 2:34 Speaker 1: Thank you. Um, any questions from the council? Counselor Stewart?

▶ 2:42 Robb Stewart: Thank you, Madam Chair. Thank you, sir, for being here this evening. How much money do you bring in on the, on an annual basis? How much did you bring in last year?

▶ 2:49 Speaker 3: Uh, last year was 1.9 in golf revenues. And, uh, when you add on, uh, the pro shop and the, uh, food and beverage, it's, it was close to $2 million. It was a six, it was a 60 40 split. So it, uh, it still generates, uh, substantial revenue for the city, for sure. It's a money maker.

▶ 3:12 Robb Stewart: Understood. And is that top line or is that profit?

▶ 3:17 Speaker 1: No, so the two point, the 2.4, what we did total revenue, um, you have to take out what we pay the management company, our budget on the mountain hood side. Um, so profit to the city, probably when they certified free cash in October, I think was, um, $500,000, close to $500,000.

▶ 3:38 Robb Stewart: So those are around 35, 40% margin. Okay.

▶ 3:42 Speaker 3: We had a al, uh, Alta the, uh, the splits this year on the new contract, uh, as we came back before you folks. Um, so it's a little bit less on the percentages coming up, but the revenue so far in April and may have been tremendous. It's all, it's all weather driven, so

▶ 4:04 Speaker 4: Mr.

▶ 4:05 Speaker 1: I think with the percentage splits, it's an additional a hundred, 125,000 that will be paying out.

▶ 4:14 Robb Stewart: Can you talk a little bit about the inclusive programming

▶ 4:19 Speaker 1: And Mount Hood?

▶ 4:22 Robb Stewart: Uh, we're, I'm sorry, that's on the recreation. I'm sorry, I was looking at the wrong one. Nevermind. Enterprise. Yeah. Yeah, enterprise.

▶ 4:30 Speaker 4: Uh, okay. No more questions. Thank you.

▶ 4:32 Speaker 1: We do have a golf program.

▶ 4:34 Speaker 4: Yeah, the golf program, right? Yeah.

▶ 4:35 Speaker 1: But we also have one, um, that's inclusive that runs from, um, April when we start until September, and they do a banquet at the end. That's all. Um, pay for out of the Mount Hood, um, community service money.

▶ 4:50 Speaker 4: Great. Good. Thank you. Thank you. Madam Chair Council. Gar.

▶ 4:55 Mark Garipay: Thank you. Thank you both for being here. Just, uh, one quick question. I know with the, uh, new Mount Hood contract and we, we, um, put it out the bid, uh, we had to do it a couple times, had to tweak it, make some changes. Um, the revenue that comes in through Mount Hood into the enterprise also pays for bonds, um, and fields throughout the community. Um, do we see any, any changes or will there be any, will it be tough to make that commitment going down the road, or you think we're gonna be fine, uh, as a result of those changes? Being able to meet the commitment on the bonds?

▶ 5:27 Speaker 3: You never know, uh, going forward. But, uh, if April and may even march were any indication, I think we'll end up hitting the right target that we've always hit and be able to pay that. Uh, I think the bonds are 371,000 is what we have on a yearly basis, included in the budget. And, um, so

▶ 5:48 Speaker 1: We'll be increasing that a little bit with the equipment.

▶ 5:51 Speaker 3: With the equipment. But, um, so far so good, Well

▶ 5:55 Mark Garipay: Say. And, and just for, uh, clarification to the public, what, what bonds for, what fields does Mount Hood, um, pay for?

▶ 6:02 Speaker 1: So right now we have three bonds out there for the, um, replacement of Fred Greenfield. When we redid it 11 years ago with the, uh, improvements to Mareli field and pine banks, Pine Fields that we split with Malden that we,

▶ 6:19 Mark Garipay: And the, so the city operating budget has not, does not invest in any of those. Okay. Thank you.

▶ 6:27 Speaker 3: All comes out of the enterprise

▶ 6:28 Speaker 5: Firm. Thank you,

▶ 6:30 Speaker 1: Councilor Williams. Hi.

▶ 6:32 Speaker 6: Thanks for being with us. Um, do you mind, uh,

▶ 6:35 Ryan Williams: how many years are left on those bonds? Do you know? Just roughly

▶ 6:41 Speaker 1: I's say ten nine. 10 0 9.

▶ 6:43 Speaker 6: Yeah. Nine or 10 years. Okay. Yeah. All right. All right. That was my only question. Thank you. Yeah.

▶ 6:47 Speaker 3: They, and they fluctuate the payments, correct?

▶ 6:49 Speaker 6: Yeah. Okay, great. Thank you,

▶ 6:52 Christopher Cinella: Councilor. Sin. I Just make a motion at this time to, uh, move the bottom line.

▶ 6:58 Speaker 1: Second. Motion to move, move the bottom line on, um,

▶ 7:06 Leila Migliorelli: appropriation 2024, um, I'm sorry. 2023 dash 30. Um, fiscal Mount Hood operating budget

▶ 7:17 Speaker 1: made by Counselor Ella, seconded by, um, counselor Eccles on discussion. Seeing none.

▶ 7:28 Speaker 2: Vice Chair Jamine. Yes. Councilor McMaster. Yes. Councilor son? Yes. Councilor Les? Yes. Council Gepe?

▶ 7:36 Speaker 5: Yes.

▶ 7:36 Speaker 2: Counselor Stewart? Yes. Cremsky? Yes. Councilor Williams? Yes. Present. Greg? Yes. And Chair McClure? Yes. That's the 10? Yes. Unanim. Okay.

▶ 7:48 Speaker 1: Order motion passes. Thank you. Um, I think you can stay there. So we're going, it's a little bit out of order here on the agenda. Cause we had the appropriation 2023 dash 30 Enterprise operating budget, but now we're gonna proceed to appropriation 2023 dash 28, the overall budget, which is fiscal 2024 operating budget, and the amount of $101,173,341. Um, and I think this would be the time to take on the park's permits, revolving account 26 69. Um, if you'd wanna speak on that right now. Yeah. So we have a, um, uh, we, I call it the permit account. We put all the, um, outside user groups that use our fields that rent our fields. We put the money in there. And then those fields that are used by those groups are the ones that get the most wear and tear, and we take that money and do maintenance and repair to them.