hires an Arena Manager who is charge with the task of managing the day to day operations of the arena. The Association Board of Directors oversees managing the operations of the arena, with an arena management committee in place to oversee management. One member of the Board of Directors will serve on the Arena Management Committee. For the 2018/19 season, the Board Members on this committee is Noah Bruntlett, Gary Oothoudt, J.J. Crosthwaite and Scott Klatt. The Richmond Arena is rented by the season for a base rate with a base number of hours. Ice is rented from the City of Richmond, and the City is responsible for all maintenance and operations of the building. Season Budget & Financial Plan The following is a summation of our proposed budget. If you would like more details of this budget, please contact a board member. 2017-18 River Lakes Budget Income Budget 2017-18 Registration $ 47,000.00 Major Event Fundraising Calendars $ 80,000.00 Beer and Wine Expo $ 38,000.00 Total Major Fundraising Event Income $ 118,000.00 Total Other Fundraising $ 12,000.00 Total Other Income $ 72,500.00 Concession Income $ 8,5000.00 Gross Income $ 258,000.00 Expenses Koronis Rink $ 106,900.00 Richmond Rink $ 83,000.00 Gross Arena Expense $ 189,900.00 Other Hockey Cost $ 47,800.00 Administrative Cost $ 9,905.00 Total Expenses $ 247,605.00 Net Income (Loss) $ 10,395.00 To keep fees reasonable, the Board made a significant commitment to fundraising. To meet this requirement, to run our games and tournaments effectively, and to enhance recruitment, the Association will lean heavily on volunteerism. All participating families are required to assist in fundraising sales as designated by the Board. Current planned fundraisers include Calendar Sales in October and Beer & Wine Fest in April. Adjustments may
hires an Arena Manager who is charge with the task of managing the day to day operations of the arena. The Association Board of Directors oversees managing the operations of the arena, with an arena management committee in place to oversee management. One member of the Board of Directors will serve on the Arena Management Committee. For the 2018/19 season, the Board Members on this committee is Noah Bruntlett, Gary Oothoudt, J.J. Crosthwaite and Scott Klatt. The Richmond Arena is rented by the season for a base rate with a base number of hours. Ice is rented from the City of Richmond, and the City is responsible for all maintenance and operations of the building. Season Budget & Financial Plan The following is a summation of our proposed budget. If you would like more details of this budget, please contact a board member. 2017-18 River Lakes Budget Income Budget 2017-18 Registration $ 47,000.00 Major Event Fundraising Calendars $ 80,000.00 Beer and Wine Expo $ 38,000.00 Total Major Fundraising Event Income $ 118,000.00 Total Other Fundraising $ 12,000.00 Total Other Income $ 72,500.00 Concession Income $ 8,5000.00 Gross Income $ 258,000.00 Expenses Koronis Rink $ 106,900.00 Richmond Rink $ 83,000.00 Gross Arena Expense $ 189,900.00 Other Hockey Cost $ 47,800.00 Administrative Cost $ 9,905.00 Total Expenses $ 247,605.00 Net Income (Loss) $ 10,395.00 To keep fees reasonable, the Board made a significant commitment to fundraising. To meet this requirement, to run our games and tournaments effectively, and to enhance recruitment, the Association will lean heavily on volunteerism. All participating families are required to assist in fundraising sales as designated by the Board. Current planned fundraisers include Calendar Sales in October and Beer & Wine Fest in April. Adjustments may
RLS_Handbook.docx