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Enterprise Budget Summary
FY 2009-2010

An Enterprise Fund is a fund established to account for operations that are financed and operated in a manner similar to private business enterprises.  The intent of the governing body is that the costs of providing goods and services to the general public on a continuing basis be financed or recovered primarily through user charges and fees.
EnterCombined.jpg

 

FY 2008
Actual

FY 2009
Approved

FY 2010
Approved 

Dollar
Change 

Percent
Change
 

           
Positions/Full-time equivalents  

77

79 

82 

 

           
REVENUES          
Program Revenues  

182,982

230,134 

252,806 

22,672 

9%

Facility and fleet rentals  

1,929,590

2,053,615

2,135,475

81,860

4%

Sales Revenues  

3,424,572 

3,798,103

4,319,109

521,006

12%

Admissions   

5,004,371 

5,206,181

5,458,690

252,509

5%

Other  

129,642 

62,705

63,950

1,245

2%

Cost of revenue  

(1,086,959) 

0

0

 
Loss on Assets            
   

_________

_________

_________ 

_______ 

_____ 

TOTAL REVENUES  

9,584,197

11,350,738

12,230,030

879,292

_7%_

             
Transfer from General Agency  

0

480,180 

480,180

100%

Transfer from Debt Service  

844,000

0

Transfer from Enterprise (HFoL)  

60,214 

62,700 

64,074

1,374 

2% 

Transfer from Sponsorships  

160,811

170,600

178,800

8,200 

5% 

Transfer from Special Revenue  

9,079

1,911

2,383 

472 

20% 

 

_________

_________ 

__________ 

________

______ 

TOTAL SOURCES  

10,658,301

11,585,949

12,955,467

1,369,518

_11%_

             
             
EXPENDITURES          
Personnel  

6,174,927

6,640,189

7,507,425 

867,236

12%

Operating  

3,065,859

4,679,201

5,348,968

669,767

13% 

Depreciation  

862,906

0

 
Construction  

31,933

35,000 

35,000 

0

 
Capital  

0

7,500

(7,500) 

 
Debt Service  

317,047

 
   

__________

__________

__________

________

______

TOTAL EXPENDITURES  

10,452,672 

11,361,890 

12,891,393

1,529,503

_12%_

             
Transfer to Capital Projects  

65,748

 
Transfer to Enterprise Fund  

60,214

62,700 

64,074 

1,374 

2% 

   

__________

_________ 

__________ 

_______ 

______ 

TOTAL DISBURSEMENTS  

10,578,634 

11,424,590

12,955,467

1,530,877

_12%_

             
Increase (Use) of Fund Balance  

79,667

161,359 

(161,359)

 

Beginning Fund Balance  

18,991,254 

19,070,921

19,232,280 

161,359

1%

   

__________

_________

_________

_______

______ 

Ending Fund Balance  

19,070,921

19,232,280

19,232,280

___0___

__0%_

           
*  Fees are reviewed in August for the following Spring Season.  Adjustments may be made to the Beach Parks and other budgets in the mid-year review.
 
Note:  The column titled "Prior Year's Actual" should match the Fiscal Year 2008 audit.
             
             


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