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) 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 Year End Sources of Funds Tollgate Entry Fees $1,673,307 $1,744,244 $1,912,681 $1,931,808 $1,970,061 ARAMARK Concession Fee 543, , , , ,515 Tower Optical Viewers 1,154 1,173 1, ,869 Miscellaneous 60,650 62,442 65, ,314 Admin. Revenue 35,779 32,557 37, ,110 Gain/Loss Inv Market Value -14,305-8, Cash Over/Short Tollgate 492 1, Sale of Property 177 6,228 7,000 7,000 0 Sale of Scrap Gain/Loss on Sale of Assets 16,909 2, Interest 23,284 15,717 28, ,000 Subtotal $2,340,643 $2,442,456 $2,641,292 $2,669,398 $2,708,869 Transfer From Other Funds (LART) 800, , , , ,000 Transfer From Other Funds (Fund Bal) 0 200, , ,000 30,000 CWRPDA Loan 220, CDOT - Federal Money ,412 0 Total $3,360,771 $3,422,456 $3,561,292 $4,376,810 $3,538,869 Pikes Peak America s Mountain Page 14-38

2 SUMMARY Year End Uses of Funds Salary/Benefits $1,294,743 $1,373,606 $1,446,399 $1,432,007 $1,540,747 Operating 721, ,727 1,026,271 1,039,695 1,081,885 Capital Outlay 6,685 35,804 3,900 3,900 4,600 Debt Service 39,584 37,885 81,640 81,640 81,637 Total $2,062,399 $2,166,022 $2,558,210 $2,557,242 $2,708,869 Capital Project Erosion LART 800, , , , ,000 Capital Project Erosion CDOT ,412 0 Money* Capital Project Erosion Loan Capital Project Erosion Fund Balance 200, , ,000 Capital Project Summit House Repairs , ,000 30,000 Fund Balance Grand Total $3,062,399 $3,166,022 $3,478,210 $4,264,654 $3,538,869 *In, $1,009,266 in fiscal year Public Lands Highways Discretionary (PLHD) Awards funding will be administered through CDOT; however, after CDOT removes 20 percent in administration fees, the actual funds received total $807,412. These funds will be appropriated through a supplemental appropriation once received. Additionally, the fiscal year Senate appropriations budget includes $1,000,000 earmarked for the Pikes Peak Highway Erosion and Sedimentation Project, but this appropriation still has to be approved and go through the conference process. Accordingly, these funds will likely be available for the 2008 budget year. For, Pikes Peak America s Mountain requested $1,000,000 from the LART Fund, but the LART committee recommends $800,000. However, City Council determined that $20,000 of that $800,000 is necessary to fund the Police Officer Memorial. Therefore, the total funding from LART is $780,000. A fund balance draw of $30,000 is necessary to cover increased construction costs for the roof on the summit house. For, Pikes Peak America s Mountain received $800,000 for erosion projects. However, City Council determined that $20,000 from the $800,000 allocation would fund the Zebulon Montgomery Pike Bicentennial exhibition displayed at the Pioneers Museum, which reduced the total funding to $780,000 for 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 Year End Classification Manager Supervisor Professional Paraprofessional General FTE Total Page Pikes Peak America s Mountain

3 PERFORMANCE INDICATORS 350, , ,000 # of Visitors 350, , ,000 The number of visitors remains below the 2001 actual; and it is reasonable to assume the events of 9/11, the economy, fuel prices, and conservative vacation plans resulted in the decrease in number of visitors over the past five years. visitation increased 6% over. For the first six months of, visitation has increased 25% over visitation in. 200, , ,000 50, , , , , , , , , , ,000 50,000 0 In, the number of visitors is projected to increase by 4 percent over the estimated number. To increase the number of visitors to Pikes Peak America s Mountain, more emphasis will be placed on marketing efforts; and staff will continue to promote special events for tourists. We will also continue with our interpretive program which includes programs on the Mountain as well as community outreach efforts. # of Visitors Target A 100 percent operating ratio indicates all revenue received by Pikes Peak are used for the expenses of running Pikes Peak America s Mountain. Operating ratios are calculated by dividing expenses by revenue. Calculations do not include the Erosion Project expense or revenue. A 100 percent plus (100%+) operating ratio indicates expenses exceed revenue, and thus a draw from the fund balance is necessary. This graph is indicative of the court-dictated expenses incurred. Although fund balance money previously covered the costs, additional funds are necessary to continue the Erosion and Sedimentation Control Project. Continued efforts for federal funds will be energetically campaigned for again in. At the targeted 90 percent operating ratio, Pikes Peak America s Mountain would be adding 10 percent of the revenue to their fund balance account. 120% 100% 80% 60% 40% 20% 0% 111% % of Operating Ratio 90% 89% 98% 92% 97% 99% % of Operating Ratio Target $12 $10 $8 $6 $4 $2 $0 $8.74 Net Revenue per Visitor $9.07 $9.72 $10.01 $9.77 $ $10.41 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. Revenue does 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, $5 to Glen Cove and $10 to the Summit. Net Revenue per Visitor Target Pikes Peak America s Mountain Page 14-40

4 CHANGES TO THE Salary (2.5 percent) and benefit increases are included. Operating expenses are increased by $55,614, due to a variety of offsetting increases and decreases, including, a $45,000 increase for road and bridge maintenance (for the lower seven miles of pavement which is ageing and has seen increased truck traffic as materials are hauled to higher elevations for completion of the erosion and sedimentation control project), $41,418 increase in the purchase of fuel, and a $34,451 decrease in marketing. Capital Outlay expenses are increased $700 due to a $1,000 increase in office machines, a $200 increase in computer networks, and a $500 decrease in furniture and fixtures. CIP funding is decreased by $90,000 because a smaller fund balance draw in is necessary for repairs to the Summit House. In, Colorado Department of Transportation (CDOT) will administer a $1,009,266 federal grant. They will take 20 percent in administrative fees leaving $807,412 to be used as a reimbursable account for the erosion and sedimentation project. This will be a supplemental appropriation in when the City receives the grant funding. MAJOR OBJECTIVES OBJECTIVE Provide safe, environmentally sensitive access to America s Mountain and continue work on the Erosion Project Additional efforts to protect and enhance the natural environment will be addressed during the budget year. Ongoing maintenance funding of $186,500 is included which incorporates elements of the erosion sedimentation project plan and maintenance of the paved portion of the Pikes Peak Highway. Erosion redesign and construction are inevitable, and the existing revenue avenues cannot cover costs. The Erosion Project has been funded by a loan and by LART funds. This project is on schedule and continues to be a high priority with Pikes Peak America s Mountain. Research and participation of federal funds, foundation development and activities, and grants are being investigated and may be earmarked for potential funding. 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, and remove existing facilities in the Pikes Peak corridor and add new facilities when deemed necessary. In $53,000 is in place for continued maintenance of existing buildings and facilities. OBJECTIVE Provide educational and recreational opportunities (Strategic Action Plan 5.3.0) Additional investigation and curriculum material development is necessary to provide personal service interpretation and answer visitor questions. Program materials guide the interpretive experience by educating visitors in issues such as the environment, climate, weather, water, geology, geography, wildlife, life zones, trees, wildflowers and the people and history of Pikes Peak. Events and activities are planned to enhance the recreational opportunities and entice local and out-of-state visitors to Pikes Peak. The marketing budget was increased in in an attempt to promote the Mountain s celebration of Zebulon Pike s attempt to climb to the summit of Pikes Peak. In a slightly decreased marketing budget will be in place in an attempt to keep visitation up. In the Mountain received a lot of attention, free of charge, due to the Bicentennial celebration. For efforts will be made to keep the momentum in place to sustain Pikes Peak America s Mountain as a desired destination for tourists and locals alike. 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, 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. In a Ranger was dedicated exclusively to developing and implementing our interpretive program. During the summer months interpretive programs are available seven days a week on the Mountain. These programs include guided hikes, Zebulon Pike talks and hands on exhibits. During the summer and winter months our interpretive Ranger is scheduled in the community at various schools and community centers to promote Pikes Peak and enhance individual s interest in the wildlife and flora on the Mountain. In a Ranger will again be dedicated exclusively to enhancing interpretive programs and developing community contacts. Page Pikes Peak America s Mountain

5 PIKES PEAK FUND PIKES PEAK AMERICA S MOUNTAIN CITY OF COLORADO SPRINGS DETAIL ACCOUNT CIVILIAN SALARIES 872, , ,174 1,014, OVERTIME 38,962 42,800 40,325 43, ACHIEVEMENT AWARD SEASONAL TEMPORARY 109, , , , RETIREMENT TERMINATION SICK 13,573 4, , RETIREMENT TERM VACATION 12,528 4,585 3,500 3, VACATION BUY SALARIES REIMBURSEMENTS (2,253) (2,379) PERA 95, ,793 99, , WORKERS COMPENSATION 32,423 35,207 42,608 38, EQUITABLE LIFE INSURANCE 2,865 2,866 4,156 3, VISION CARE 1,116 1,051 1,336 1, DENTAL INSURANCE 7,344 7,445 8,895 8, RETIRED EMP MEDICAL INS 8,921 8,774 8,953 8, CASH BACK 3,037 2,566 3,040 2, PARKING FOR EMPLOYEES 0 0 1,920 1, MEDICARE 10,319 11,590 10,626 10, CITY EPO MEDICAL PLAN 87,132 99, , ,130 TOTAL SALARIES AND BENEFITS 1,294,743 1,373,606 1,446,399 1,540, OFFICE SUPPLIES (3,574) (8,116) 4,275 4, MEDICAL SUPPLIES 2,541 1,463 1,470 1, SOFTWARE MICRO WORD PROCESS 1,862 3,557 1,900 2, CELL PHONES EQUIP / SUPPLIES GENERAL SUPPLIES 8,937 10,315 10,310 10, PLUMBING SUPPLIES , HVAC-HEAT VENTLTN AIR SUPPLI , POSTAGE WEARING APPAREL 3,612 4,367 5,300 4, PAINT AND CHEMICAL , AUTOMOTIVE 11,335 13,186 12,025 12, LICENSES AND TAGS 1, ,000 2, SPECIAL PHOTOGRAPHY ETC SIGNS JANITORIAL SUPPLIES 3,531 3,993 3,500 4, MAINT GROUNDS 7,999 10,790 10, MAINT OFFICE MACHINES MAINT MACHINERY / APPARATUS 1,035 15,889 2,500 7, MAINT NONFLEET VEHICLES EQP 8,986 4,628 9,000 5, MAINT RADIOS ALLOCATION 9,200 9,200 9,200 10, MAINT SIGNS 151 (84) MAINT BUILDINGS / STRUCTURE 43,748 37,557 43,000 53, MAINT ROADS AND BRIDGES 55,124 27, , , PIKES PEAK MARKETING 29,785 38,514 75,000 40, ADVERTISING SERVICES 3,971 1,274 1, BUILDING SECURITY SERVICES , CONTRACTS AND SPEC PROJECTS 75, ENVIRONMENTAL SERVICES 1, ,370 2, TOWING SERVICES GARBAGE REMOVAL SERVICES 3,789 4,889 4,260 4, JANITORIAL SERVICES LAUNDRY / CLEANING SERVICES 1,929 (27) 4,800 6,378 Pikes Peak America s Mountain Page 14-42

6 PIKES PEAK FUND PIKES PEAK AMERICA S MOUNTAIN CITY OF COLORADO SPRINGS DETAIL ACCOUNT MEDICAL SERVICE REIMBURSABLE SERVICES (108,228) (47,646) SERVICES 17,246 20,220 27,800 27, TEMPORARY EMPLOYMENT 15,566 12,748 15,500 18, CAR MILEAGE DUES AND MEMBERSHIP 750 1, , MEETING EXPENSES IN TOWN , TRAINING 1,230 1,168 1,630 3, SUBSCRIPTIONS TRAVEL OUT OF TOWN ,300 4, COMMUNICATIONS 45,707 27,044 47,500 47, TELEPHONE LONG DIST CALLS 1,046 1,115 1,300 1, CELL PHONE AIRTIME 2,311 2,444 2,300 2, GENERAL INSURANCE-CITY 12,160 16,149 18,000 18, UTILITIES ELECTRIC 19,351 12,755 18,600 13, UTILITIES GAS 21,648 21,124 24,600 21, UTILITIES SEWER UTILITIES WATER 1,295 1,286 1,500 1, LEASE PURCHASE PAYMENTS 2,294 2, , , MINOR EQUIPMENT 11,393 16,136 11,000 10, TOOL ALLOW RADIO REP , RENTAL OF EQUIPMENT ,000 1, ADMIN PRORATED CHARGES 202, , , , OFFICE SERVICES PRINTING , OFFICE SERVICES RECORDS PURCHASES FOR RESALE 10,790 17,980 9,000 9, PURCH FOR RESALE FUEL 62, ,768 66, , PURCH FOR RESALE COMMERCIAL 37,253 18,951 39,115 32, PURCH FOR RESALE NON STCK PRT 58,117 86,183 61,025 65, PURCH FOR RESALE STOCK PARTS 18,779 41,641 19,720 20, RENTAL OF FLEET VEHICLES 750 1,650 1,000 1, ENVIRON PROTECTION PROGRAM 6,821 6,792 6,800 6, VEHICLE INSURANCE 3,090 3, TOTAL OPERATING EXPENSES 721, ,727 1,026,271 1,081, OFFICE MACHINES 0 3, , COMPUTERS NETWORKS 3,690 2,366 2,400 2, FURNITURE AND FIXTURES 0 0 1,500 1, MACHINERY AND APPARATUS 2, VEHICLES ADDITIONS 0 30, TOTAL CAPITAL OUTLAY 6,685 35,804 3,900 4, PRINCIPAL ,520 47, INTEREST 39,584 37,885 36,120 34,278 TOTAL DEBT SERVICE 39,584 37,885 81,640 81,637 Capital Project Erosion LART 800, , , ,000 Capital Project Erosion Fund Balance 200, , Capital Proj Smmt House Rpr-Fnd Bal ,000 30,000 TOTAL CAPITAL PROJECTS 1,000,000 1,000, , ,000 ORGANIZATION TOTAL 3,062,399 3,166,022 3,478,210 3,538,869 Page Pikes Peak America s Mountain