Town of Lacombe
Civic Centre
5 Year Budget
Plan A
					Year	Year	Year	Year	Year
					1	2	3	4	5
72    Civic Centre
Rentals
	Conferences/conventions/trade fair				130,000	175,000	200,000	250,000	325,000
	Weddings/parties/dances				50,000	75,000	75,000	100,000	125,000
	General Bookings				30,000	35,000	40,000	45,000	50,000
	Concerts/theatre and musical productions (10)				45,000	60,000	70,000	70,000	75,000
	Caterer Lease of Commercial Kitchen				50,000	50,000	60,000	60,000	60,000
	Fitness Facility Lease				80,000	80,000	80,000	80,000	80,000
	Total Revenue				385,000	475,000	525,000	605,000	715,000
EXPENDITURE
	Personnel				130,000	147,000	180,000	187,000	202,000
	Goods and Services
	Building Maintenance and Repair					1,000	1,000	2,500	2,500
	Equipment Maintenance and Repair				2,925	2,975	4,875	4,875	4,875
	Insurance				6,000	6,000	6,000	6,000	6,000
	Janitorial				10,000	11,000	11,000	11,000	12,000
	Telephone				450	450	450	450	450
	Utilities				55,000	60,000	70,000	80,000	82,000
	Total Goods and Services				74,375	81,425	93,325	104,825	107,825
	Upgrading and Replacement				2,500	5,000	5,000	5,000	5,000
	Borrowing Expense				289,872	289,872	289,872	289,872	289,872
	Internal Recovery				13,000	13,000	13,000	13,000	13,000
	Total Expenditure				509,747	536,297	581,197	599,697	617,697
	NET SURPLUS/(DEFICIT)				(124,747)	(61,297)	(56,197)	5,303	97,303
Town of Lacombe
Civic Centre
5 Year Budget
Plan B
					Year	Year	Year	Year	Year
					1	2	3	4	5
72    Civic Centre
Rentals
	Conferences/conventions/trade fair				50,000	60,000	100,000	125,000	125,000
	Weddings/parties/dances				35,000	75,000	85,000	80,000	80,000
	General Bookings				30,000	35,000	40,000	45,000	45,000
	Concerts/theatre and musical productions (10)				45,000	60,000	45,000	45,000	55,000
	Caterer Lease of Commercial Kitchen				50,000	75,000	90,000	100,000	115,000
	Fitness Facility Lease				80,000	80,000	80,000	80,000	80,000
	Total Revenue				290,000	385,000	440,000	475,000	500,000
EXPENDITURE
	Personnel				130,000	140,000	165,000	165,000	165,000
	Goods and Services
	Building Maintenance and Repair					1,000	1,000	2,500	2,500
	Equipment Maintenance and Repair				2,925	2,975	4,875	4,875	4,875
	Insurance				6,000	6,000	6,000	6,000	6,000
	Janitorial				10,000	10,000	10,000	10,000	10,000
	Telephone				450	450	450	450	450
	Utilities				45,000	45,000	45,000	45,000	45,000
	Total Goods and Services				64,375	65,425	67,325	68,825	68,825
	Upgrading and Replacement				2,500	5,000	5,000	5,000	5,000
	Borrowing Expense				289,872	289,872	289,872	289,872	289,872
	Internal Recovery				13,000	13,000	13,000	13,000	13,000
	Total Expenditure				499,747	513,297	540,197	541,697	541,697
	NET SURPLUS/(DEFICIT)				(209,747)	(128,297)	(100,197)	(66,697)	(41,697)