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PRHSPS Presentation Venue Financial Briefing 20230315 finalCity Venues Financial Briefing Presented by John Hutton Parks Director March 14, 2023 A spectacular natural setting, comfortable accommodations and reasonable rates make Dumas Bay Centre a favorite meeting and special events venue. Already at 75% of revenue expectation for 2023! 2018 2019 2022 2023 BUDGET USER FEES $ 886,392 $ 925,917 $ 495,200 $527,698 OTHER REVENUE $ -$ -$ -$ - CITY SUPPORT $123,501 $ -$ 464,959 $628,148 TOTAL REVENUES $1,009,894 $ 925,917 $ 960,159 $ 1,155,846 TOTAL EXPENSES $ 933,442 $ 910,556 $ 846,807 $ 764,097 The Puget Sound’s premier indoor recreation facility! Over 532,000 visits to the FWCC per year; leading to approx. 7.9 million visits since opening day! 2018 2019 2022 2023 BUDGET USER FEES $ 1,904,293 $ 1,718,193 $ 1,361,451 $ 1,963,875 OTHER REVENUE $ 59,643 $ 30,458 $ 250,000 $ - CITY SUPPORT $ 579,474 $ 387,000 $ 1,063,227 $ 868,501 TOTAL REVENUES $ 2,543,411 $2,135,651 $ 2,674,678 $ 2,799,376 TOTAL EXPENSES $ 2,474,036 $ 2,493,844 $ 2,684,067 $ 2,279,893 Representing a new caliber of event space in South King County! Hosting an average of 15 events per month since opening day! 2018 2019 2022 2023 BUDGET USER FEES $ 225,793 $ 983,025 $ 1,274,361 $943,429 OTHER REVENUE $ 327,735 $ 427,351 $ 409,409 $ 336,351 CITY SUPPORT $ 626,762 $ 1,516,000 $ 941,464 $ 1,107,987 TOTAL REVENUES $1,180,291 $ 2,926,377 $ 2,625,234 $ 2,387,767 TOTAL EXPENSES $ 1,628,150 $ 2,589,541 $ 2,631,377 $2,483,359 From the city’s budding athletes to top-notch national softball and soccer championships, this Park has hosted over 600,000 attendees at these events alone! Celebration Park Sports Complex Celebration Park Sports Complex 2018 2019 2022 2023 BUDGET USER FEES $ 100,686 $ 49,646 $ 61,166 $ 91,000 OTHER REVENUE $ -$ -$ -$ - CITY SUPPORT $372,583 $ 503,610 $ 339,445 $ 259,020 TOTAL REVENUES $ 473,269 $ 553,256 $ 400,611 $ 350,020 TOTAL EXPENSES $ 372,583 $ 503,610 $ 339,445 $ 350,020 Conclusion Parks & Facilities are the heart beat that keeps our Federal Way community thriving