Pikes Peak America s Mountain

Transcription

1 Pikes Peak America s Mountain Preston Kimler, Manager 5069 Pikes Peak Highway, Cascade, CO (719) pkimler@springsgov.com MISSION To create an unforgettable Peak experience by developing and enhancing first-class interpretive programs, world-class facilities, and safe, environmentally sensitive access to America s Mountain for the educational and recreational enjoyment of the visitors. ESTIMATED FUND BALANCE Millions ($) (0.5) Est. Est. SERVICES Business development and administration Visitor and Ranger Services Interpretive and education services Special event coordination Erosion and sedimentation management Highway maintenance and construction Facilities planning, maintenance, and construction Capital projects planning and implementation Capital campaign management Intergovernmental relations SUMMARY Est. Year End Sources of Funds Hall at Mall Sales $ 1,931 $ 973 $ 0 $ 0 $ 0 Tollgate Entry Fees 1,724,415 1,823,067 1,982,417 1,914,220 2,009,950 ARAMARK Concession Fee * 682, , , , ,450 Tower Optical Viewers 1,611 1,595 1,800 1,800 1,800 Miscellaneous 57,930 53,365 75,000 60,000 63,000 Admin. Revenue 14,500 21,383 15,000 22,452 23,600 Colorado Springs Store (512) Pikes Peak Endowment 1, Cash Over/Short Tollgate 1,373 1, Sale of Property 20,855 5, Interest 3,976 5,461 4,000 6,000 6,300 Subtotal $2,510,064 $2,440,047 $2,541,076 $2,557,247 $2,685,100 Transfer From Other Funds (LART) 0 200, , , ,000 CWRPDA Loan 0 779, ,128 0 Total $2,510,064 $3,419,919 $3,341,076 $3,577,375 $3,485,100 * Includes $250,000 for 5 year extension. Pikes Peak America s Mountain Page 14-38

2 Est. Year End Uses of Funds Salary/Benefits $1,142,142 $1,233,330 $1,409,819 $1,197,313 $1,420,413 Operating 732, ,844 1,027,611 1,002,646 1,022,241 Capital Outlay 0 1,939 6,800 6,800 4,700 Debt Service ,700 81,700 81,655 Total $1,874,952 $2,036,113 $2,525,930 $2,288,459 $2,529,009 Capital Project Erosion LART 0 200, , , ,000 Capital Project Erosion - Loan 0 779, ,128 0 Capital Project Erosion Fund Balance 200, , ,000 Grand Total $1,874,952 $3,015,985 $3,525,930 $3,508,587 $3,529,009 For, a onetime draw of $200,000 from the fund balance was necessary so $1,000,000 in erosion projects could be completed. The remaining $800,000 was funded from the Lodgers and Automobile Rental Tax (LART) Fund. For, Pikes Peak America s Mountain requested $1,000,000 from the Lodgers and Automobile Rental Tax Fund and will receive $800,000. The remaining $200,000 will be taken from the fund balance to complete the $1,000,000 in erosion projects. The estimated ending fund balance differs from the Comprehensive Annual Financial Statements. It is determined by netting current assets and current liabilities less outstanding obligations such as contracts and purchase orders. This allows for only current liquid and available amounts to be appropriated by the Division. Additionally, LART, loans and grants are not represented in the fund balance graph. PERSONNEL Est. Year End Classification Manager Supervisor Professional Paraprofessional General FTE Total In, three positions were eliminated including one supervisor position, one paraprofessional position, and one general position. Page Pikes Peak America s Mountain

3 PERFORMANCE INDICATORS 400, , , ,870 # of Visitors 285, , , , , , ,000 The 1998 visitor count of 311,924 has been difficult to duplicate. The number of visitors declined between 1998 and 2000 and slightly increased in The number of visitors remains below the 2001 actual; and it is reasonable to assume that the events of 9/11, the economy, fuel prices, and conservative vacation plans resulted in the decrease in number of visitors. 200, , Est. Est. Target For, the number of visitors is projected to increase by 5 percent over the number; and the number is estimated to increase by 5 percent over the actual. To increase the number of visitors to Pikes Peak America s Mountain, more emphasis will be placed on marketing efforts; and staff will continue efforts to promote special events for tourists. A near 100 percent operating ratio indicates all revenues received by Pikes Peak are used for the expenses of running Pikes Peak America s Mountain. Operating ratios are calculated by dividing expenses by revenues. Calculations do not include the Erosion Project expense or revenue. A 100 percent plus (100%+) operating ratio indicates expenses outweigh the revenues and money is being expended from the fund balance. This graph is indicative of the courtdictated expenses occurred. Although fund balance money previously covered the costs, additional funds are necessary to continue the Erosion Project. Continued efforts for federal funds will be energetically campaigned for in. 100% 80% 60% 40% 20% 0% 81% 1998 % of Operating Ratio 98% 102% 111% 90% 89% 98% Est. 96% Est. 90% Target $13 $12 $11 $10 $9 $8 $ Net Revenue per Visitor $9.07 $9.72 $10.01 Est. $10.31 Est. $12.00 Target Revenue per visitor indicates the dollar amount recognized per visitor to Pikes Peak and includes the Tollgate revenue (minus the fishing revenue), commissions made from the concessionaire and the viewers on Pikes Peak. These commission dollars include revenue made from road travelers and the Pikes Peak Cog Railway visitors at the summit buying t-shirts and souvenirs. The number of visitors includes only the road travelers and Cog visitors and does not include those who go fishing. Revenues do not include any special funds such as LART, loan money, sale of property, interest, or special events. During winter months, the net revenue per visitor is less as the road is not open to the summit. The rates are $3 to Crystal Reservoir or $5 to Glen Cove. Pikes Peak America s Mountain Page 14-40

4 CHANGES TO THE During, City Council approved a wage package increase effective July 1,. Funding of $10,594 is included for the wage package and medical, dental, PERA and Workers Compensation increases. The operating budget is decreased by $5,370 after a complete detailed account review by staff. Every account was scrutinized and reallocated as necessary, allowing for uncontrollable cost increases and higher priority expenditures. The capital outlay budget is decreased by $2,100 and Debt Service is decreased by $45. MAJOR OBJECTIVES OBJECTIVE Provide safe, environmentally sensitive access to America s Mountain Additional efforts to protect and enhance the natural environment will be addressed during the budget year. Ongoing maintenance funding of $130,500 is included which incorporates elements of the erosion sedimentation project plan. Erosion redesign and construction are inevitable and the existing revenue avenues cannot cover costs. Research and participation into federal funds, foundation development and activities, and grants are being investigated. OBJECTIVE Maintain and develop world class facilities Pikes Peak s staff strives to provide high quality architectural consistency which also responds to the environmental context of the mountain. Additionally, continuing efforts are made to enhance, upgrade, replace, remove existing facilities in the Pikes Peak corridor and add new facilities when deemed necessary. In, staff will resume fundraising efforts for a new Summit House and maintenance program for the existing facility. The in-house program for maintenance, repair, and upgrading of existing facilities will cost approximately $52,800. OBJECTIVE Provide educational and recreational opportunities Additional investigation and curriculum material development is necessary to provide personal service interpretation and answer visitor questions. Program materials will guide the interpretive experience by educating visitors in issues such as the environment, climate, weather, water, geology, geography, wildlife, life zones, trees, wildflowers, people of Pikes Peak, and history. Events and activities are planned to enhance the recreational opportunities and entice local and out of state visitors to Pikes Peak. OBJECTIVE Develop and enhance first-class interpretive programs Interpretive programs are designed to enhance the average visitor s experience on Pikes Peak. While interpretation is designed to appeal to many interest groups enjoying the mountain, the touring families and local repeat-visit families and individuals are of primary concern. Extemporaneous talks about Pikes Peak take place during the summer by all of the Rangers. The Rangers have developed an interpretive program that is presented to local schools during the winter months. An ongoing implementation of master plan projects for signage and interpretive turnouts and programs has been postponed since until additional funding is located at the federal level. Page Pikes Peak America s Mountain

5 PIKES PEAK FUND PIKES PEAK AMERICA S MOUNTAIN CITY OF COLORADO SPRINGS DETAIL ACCOUNT CIVILIAN SALARIES 799, , , , OVERTIME 17,329 34,347 41,272 36, SEASONAL TEMPORARY 95, ,055 99, , RETIREMENT TERMINATION SICK 0 (15,716) RETIREMENT TERM VACATION 2,508 3,655 3,500 3, VACATION BUY 726 1, SALARIES REIMBURSEMENTS 0 (2,645) PERA 77,559 89, ,971 94, WORKERS COMPENSATION 35,189 33,630 43,068 36, EQUITABLE LIFE INSURANCE 2,803 2,807 3,838 3, VISION CARE 1,077 1,046 1,323 1, DENTAL INSURANCE 6,063 6,868 8,299 8, RETIRED EMP MEDICAL INS 7,614 8,363 4,090 8, CASH BACK 1,720 2,920 2,400 2, PARKING FOR EMPLOYEES 1,880 1,920 1,568 1, UNEMPLOYMENT INSURANCE 9,847 7, MEDICARE 7,930 9,490 10,516 9, CITY EPO MEDICAL PLAN 75,036 82, , ,373 TOTAL SALARIES & BENEFITS 1,142,142 1,233,330 1,409,819 1,420, MISCELLANEOUS OPERATING OFFICE SUPPLIES 4,433 3,527 4,275 4, MEDICAL SUPPLIES ,600 1, SOFTWARE MICRO WORK PROCESS ,000 1, CELL PHONES EQUIP & SUPPLIES 0 1,380 1,000 1, GENERAL SUPPLIES 4,850 3,898 14,500 10, PLUMBING SUPPLIES POSTAGE , WEARING APPAREL 1,151 3,463 3,000 3, PAINT AND CHEMICAL AUTOMOTIVE 4,520 10,730 7,500 11, LICENSES AND TAGS 626 1,733 1,000 1, SPECIAL PHOTOGRAPHY ETC SIGNS JANITORIAL SUPPLIES 91 1,018 3,500 1, ENVIRONMENTAL SUPPLIES ETC MAINT GROUNDS 5, ,500 7, MAINT OFFICE MACHINES ,500 1, MAINT MICROS WORD PROCESSOR MAINT MACHINERY & APPARATUS 3,644 1,790 5,000 5, MAINT NONFLEET VEHICLES EQP 0 7,447 10,000 15, MAINT RADIOS ALLOCATION 0 9,200 9,200 9, MAINT BUILDINGS & STRUCTURE 21,068 26,017 28,500 40, MAINT ROADS AND BRIDGES 93, , , , PIKES PEAK MARKETING 0 10,835 42,600 44, ADVERTISING SERVICES 32,815 28, , BUILDING SECURITY SERVICES 0 0 2, CONTRACTS AND SPEC PROJECTS 75,000 75,000 75,000 75, ENVIRONMENTAL SERVICES 0 1, ,700 Pikes Peak America s Mountain Page 14-42

6 PIKES PEAK FUND PIKES PEAK AMERICA S MOUNTAIN CITY OF COLORADO SPRINGS DETAIL ACCOUNT GARBAGE REMOVAL SERVICES 2,133 4,160 4,260 4, JANITORIAL SERVICES LAUNDRY & CLEANING SERVICES 1,211 4,452 10,800 6, MEDICAL SERVICE REIMBURSABLE SERVICES (61,404) 26, LEGAL SERVICES 16, SERVICES 106,537 (14,064) 27,600 72, TEMPORARY EMPLOYMENT , CAR MILEAGE DUES AND MEMBERSHIP 1, MEETING EXPENSES IN TOWN (65) 525 2,000 1, TRAINING ,630 1, SUBSCRIPTIONS TRAVEL OUT OF TOWN ,000 5, COMMUNICATIONS 53,762 49,554 45,019 50, RENTAL OF PROPERTY (315) TELEPHONE LONG DIST CALLS 1,591 1,273 1,250 1, CELL PHONE AIRTIME 0 2,031 1,500 2, GENERAL INSURANCE-CITY (2,309) 32,425 13,000 18, UTILITIES 26, UTILITIES ELECTRIC 4,028 9,446 13,050 10, UTILITIES GAS 0 18,209 29,000 24, UTILITIES WATER 0 1,200 2,100 1, LEASE PURCHASE PAYMENTS 84,938 8,334 85,000 80, MINOR EQUIPMENT 1,312 2,718 11,000 5, RENTAL OF EQUIPMENT 50 4,500 2,500 6, ADMIN PRORATED CHARGES 106, , , , MAINT FLEET VEHICLES EQP 7,586 5, OFFICE SERVICES PRINTING 1, ,500 1, OFFICE SERVICES RECORDS PURCHASES FOR RESALE 9,529 (39,098) 7,000 14, PURCH FOR RESALE FUEL 41,372 48,333 60,000 60, PURCH FOR RESALE COMMERCIAL 5,475 14,338 45,000 19, PURCH FOR RESALE NON STCK PRT 44,773 61,040 70,000 70, PURCH FOR RESALE STOCK PARTS 4,599 16,363 30,000 21, RENTAL OF FLEET VEHICLES 1,550 2,425 1,500 2, TEL COM PASSTHRU LONG DIST ENVIRON PROTECTION PROGRAM 4,528 6,792 6,800 6, TRANSFER TO OTHER FUNDS 18, TOTAL OPERATING EXPENSES 732, ,844 1,027,611 1,022, COMPUTERS NETWORKS 0 1,939 3,800 3, FURNITURE AND FIXTURES , MACHINERY AND APPARATUS 0 0 3,000 0 TOTAL CAPITAL OUTLAY 0 1,939 6,800 4, INTEREST ,600 37, PRINCIPAL ,100 43,755 TOTAL DEBT SERVICE ,700 81,655 Page Pikes Peak America s Mountain

7 PIKES PEAK FUND PIKES PEAK AMERICA S MOUNTAIN CITY OF COLORADO SPRINGS DETAIL ACCOUNT CAPITAL PROJ - EROSION - LART 0 200, , ,000 CAPITAL PROJ - EROSION - LOAN 0 779, CAPITAL PROJ- EROSION - FND BAL , ,000 CAPITAL PROJECTS TOTAL 0 979,872 1,000,000 1,000,000 ORGANIZATION TOTAL 1,874,952 3,015,985 3,525,930 3,529,009 NOTES: Some amounts may vary slightly due to rounding of the actual figures. actual expended amounts are not audited amounts and are taken from financial report GFSY0810 1/22/. actual expended amounts are not audited amounts and are taken from financial report GFSY0810 1/27/. Pikes Peak America s Mountain Page 14-44