Five Flags Civic Center Fiscal Year 2026 Budget Presentation Copyrighted
April 9, 2025
City of Dubuque PUBLIC HEARINGS # 5.
City Council
ITEM TITLE: Five Flags Civic Center Fiscal Year 2026 Budget
Presentation
SUMMARY:
SUGGUESTED
DISPOSITION:
ATTACHMENTS:
1. 26 Policy Book Volume 4 - Five Flags Civic Center
2. Presentation - Uploaded 4.9.25
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Five Flags
Civic Center
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FIVE FLAGS CIVIC CENTER DIVISION
Budget Highlights
FY 2024
Actual
FY 2025
Budget
FY 2026
Requested
% Change
From FY
2025
Budget
Expenses
Employee Expense $ 28,953 $ 30,359 $ 32,025 5.5 %
Supplies and Services $ 1,113,252 $ 1,136,325 $ 1,150,249 1.2 %
Machinery and Equipment $ 26,247 $ 320,070 $ 209,890 -34.4 %
Total Expenses $ 1,168,452 $ 1,486,754 $ 1,392,164 -6.4 %
Debt on Projects paid with Sales Tax Fund
(20%)$ 43,225 $ 41,688 $ 42,148 1.1 %
Property Tax Support $ 1,168,452 $ 1,486,754 $ 1,392,164 (94,590)
Percent Increase (Decrease) -6.4 %
Personnel - Authorized FTE $—$—$—
*Actual benchmark for FY 2025: $ 1,112,266
Significant Line Items
Background
1.History: The City has contracted the firm, ASM Global (formerly SMG), after Council approval in
April 2004, to privately manage Five Flags Civic Center. ASM Global’s original five year private
management agreement began on July 1, 2004 and ended June 30, 2009. The current agreement
expired June 30, 2014 and was extended for another five-year period ending June 30, 2019, and
the five-year extension as executed for a period ending June 20, 2024. A one year extension ending
June 30, 2025 was approved on May 20, 2024. The City will be issuing an RFP for management
services, similar to the process used regarding a management contract for Grand River Center. Five
Flags Civic Center has been managed by the same vendor for 20 years.
93 Page 954 of 989
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Five Flags Property Tax Support
$1,392,164
$1,486,754
$1,168,451.67
$1,478,799
$1,007,640
$1,053,937
$1,336,354
$1,045,113
$828,944
$869,086
$892,848
$853,128
$836,510
$825,314
$824,243
$783,331
$792,493
$782,198
$758,136
$763,782
$594,899
$793,899
$645,162
$705,858
Recurring Costs Nonrecurring Costs
$60
0
,
0
0
0
$67
5
,
0
0
0
$75
0
,
0
0
0
$82
5
,
0
0
0
$90
0
,
0
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$97
5
,
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$1,0
5
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$1,1
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$1,2
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0
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$1,2
7
5
,
0
0
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$1,3
5
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$1,4
2
5
,
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0
0
$1,5
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$1,5
7
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FY 202
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FY 202
5
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FY 202
4
FY 202
3
FY 202
2
FY 202
1
FY 202
0
FY 201
9
FY 201
8
FY 201
7
FY 201
6
FY 201
5
FY 201
4
FY 201
3
FY 201
2
FY 201
1
FY 201
0
FY 200
9
FY 200
8
FY 200
7
FY 200
6
FY 200
5
FY 200
4
FY 200
3
–FY 2020 included Five Flags Assessment and Study in amount of $82,800, a one-time cost. It
also included a $17,565 expense for the shortfall to the benchmark in FY 2019 as well as
$200,000 shortfall to benchmark payment during FY 2020 due to the full closure of Five Flags in
March of 2020 due to the COVID-19 pandemic. This also includes $50,949 for equipment
replacement items.
–FY 2021 included the soils study to help inform the Phase 2A Study for $20,000 and $14,890
replacement of speakers damaged by water not covered by insurance.
–FY 2022 budget initially included $79,700 in replacement equipment purchases. This year also
included improvement packages approved including AED's and backflow preventer, as well as a
94 Page 955 of 989
$58,000 carryover from FY 2021 for expenditures for Arts Council COVID relief grant. FY 2022
actuals included $58,074 for equipment replacements. ASM Global's performance was under
benchmark in FY 2022, accounting for lower recurring expenses.
–FY 2023 budget initially included $175,000 in replacement equipment purchases and $142,000
in shuttered venue grant expenditures. FY 2023 actual included $202,895 for equipment
replacements.
–FY 2024 budget initially included $192,775 in replacement equipment purchases. FY 2024
actual included $26,247 in equipment replacements.
–FY 2025 budget includes $320,070 in replacement equipment purchases.
–FY 2026 budget includes $209,890 in replacement equipment purchases.
Employee Expense
2.FY 2026 employee expense reflects a 3.00% wage package increase.
3.The Iowa Public Employee Retirement System (IPERS) City contribution of 9.44% is unchanged
from FY 2025. The employee contribution of 6.29% is unchanged from FY 2025.
Supplies & Services
4.Benchmark Calculation: The benchmark is the amount of property tax needed to operate the Five
Flags Civic Center (this amount is set by the City for ASM Global). The original benchmark and
formula for adjustment was established in the 2004 agreement with ASM Global. ASM Global is
challenged to spend less than the Benchmark, thereby reducing the amount of property tax support
needed. The benchmark is calculated by taking total expense less earned revenue for the Civic
Center, to get the property tax support. This calculation was completed in the beginning by taking
the average actual property tax support spent in FY 2002, 2003, and 2004 ($682,091) and then
increased annually by an inflation factor. This amount includes ASM Global’s projected
management fee of $127,323 in FY 2026. The Benchmark fee is set for the purpose of the budget
with an estimated Consumer Price Index (CPI) and then adjusted by the actual May CPI after the
budget is adopted to arrive at the actual Benchmark and management fee.
5.ASM Global's goal is to come in under the benchmark, but if the benchmark is not met, the City of
Dubuque must pay any amount over the benchmark. ASM Global's incentive to meet the
benchmark gives them $.50 of every dollar under the benchmark.
Annual Benchmark Set for ASM Global:
•In FY 2014 the benchmark was $852,040 (prior year plus the May CPI of 1.4%)
•In FY 2015 the benchmark was $869,933 (prior year plus the May CPI of 2.1%)
•In FY 2016 the benchmark was $869,933 (prior year plus the May CPI of 0%)
•In FY 2017 the benchmark was $878,632 (prior year based on May CPI of 1%)
•In FY 2018 the benchmark was $895,326 (prior year based on May CPI of 1.9%)
•In FY 2019 the benchmark was $920,395 (prior year based on May CPI of 2.80%)
•In FY 2020 the benchmark was $936,962 (prior year based on May CPI of 1.80%),
95 Page 956 of 989
•In FY 2021 the benchmark was $937,899 (prior year based on May CPI of 0.10%),
•In FY 2022 the benchmark was $984,794 (prior year based on May CPI of 5.00%)
•In FY 2023 the benchmark was $1,069,486 (prior year based on May CPI of 8.60%)
•In FY 2024 the benchmark was $1,112,266 (prior year and May CPI of 4.00%).
•In FY 2025 the benchmark was $1,148,970 (prior year and May CPI of 3.30%).
•In FY 2026 the estimated benchmark is $1,183,440 (prior year and estimated May CPI of
3.00%).
Actual Benchmark: It should be noted that the first year (FY 2005) of management, actual expenses
were higher due to the transitioning of the employees. There were additional costs relating to
unemployment insurance, vacation payoffs and prior year expenses that did not count against the
benchmark. The Five Flags Civic Center was also under renovation soon after SMG (ASM Global)
started. It was expected that the first year of management would cost more. Also, the budget was
initially set with the management fee ($75,000) added on top of the set benchmark. It was determined
that the benchmark should already include ASM Global's management fee, and the actual benchmark
was adjusted accordingly with the additional budget going back into General Fund.
ASM Global (formerly SMG) Benchmark Payout
88
,
0
7
4
70
,
8
9
2
65
,
4
4
6
66
,
4
9
6
(1
3
3
,
6
8
9
)
(1
7
,
5
6
5
)
25
,
2
9
2
3 11
0
8,
9
3
7
11
,
4
6
8
10
,
1
6
9
11
,
2
2
0
6,
9
7
3
6,
8
4
5
8,
2
3
8
4,
5
9
4
50% Benchmark Paid
24 23 22 21 20 19 18 17 16 15 14 13 12 11 10 09 08
(150,000)
(125,000)
(100,000)
(75,000)
(50,000)
(25,000)
0
25,000
50,000
75,000
100,000
125,000
This summary of annual results of the benchmark to date reflects ASM Global has met the
benchmark since 2006 with the exception of FY 2019 and FY 2020. FY 2019 included a polar
vortex weather event affecting utility costs and event financial performance as well as repairs to
the facility due to the age and status of the Five Flags building. FY 2020 included the closure of
the Five Flags Civic Center due to the COVID-19 pandemic, the Governor's Proclamations in
addition to event cancellations and rescheduling into FY 2021. This affected the Five Flags
96 Page 957 of 989
budget from March 2020 to the end of the fiscal year. FY 2020 was on track to be at benchmark
prior to the beginning of the pandemic.
Fi
s
c
a
l
Y
e
a
r
Property Tax Support Compared to Benchmark for Five Flags
ASM Global/SMG Benchmark Property Tax Support
$6
0
0
,
0
0
0
$6
7
5
,
0
0
0
$7
5
0
,
0
0
0
$8
2
5
,
0
0
0
$9
0
0
,
0
0
0
$9
7
5
,
0
0
0
$1
,
0
5
0
,
0
0
0
$1
,
1
2
5
,
0
0
0
$1
,
2
0
0
,
0
0
0
$1
,
2
7
5
,
0
0
0
$1
,
3
5
0
,
0
0
0
$1
,
4
2
5
,
0
0
0
$1
,
5
0
0
,
0
0
0
26 Requested
25 Budget
24
23
22
21
20
19
18
17
16
15
14
13
12
11
10
09
08
07
06
05
When comparing the annual property tax support spent to the benchmark each year, it should be noted
that property tax support includes the following items:
•Replacement equipment such as items like lifts, commercial floor machines, sound systems,
chairs. The list is extensive and replaced on a replacement schedule.
•Improvement packages that add the Five Flags, such as the addition of security cameras.
•Shortfall payments for not meeting the benchmark in FY 19 and FY20.
•Studies or specific operating expenses for example the studies and assessments in FY20 and
FY21.
•Initial cost of transitioning city employees to SMG in FY 05.
97 Page 958 of 989
Machinery and Equipment
6.The total equipment requested for FY 2026 is $209,890:
Civic Center Machinery and Equipment
Barrel Fans $ 300
Vacuum Cleaners $ 1,200
Chair Motor Hoist $ 75,600
Bike Rack $ 3,000
Light Consoles $ 60,000
Triangle Trussing $ 6,500
Metal Detector Wands $ 1,440
Side Burner $ 12,000
Conveyor Oven $ 35,000
Audio Amplifier $ 14,850
Total Equipment $ 209,890
Debt Service
7.FY 2026 Annual debt service is as follows ($42,148):
Amount Debt Series Payment Source Purpose
Final
Payment
Call
Date
34,103 2019C G.O.Sales Tax 20%Civic Center Improvements 2030 2026
8,045 2019B G.O.Sales Tax 20%Chair Platform Section 3 2039 2039
$ 42,148 Total Civic Center Annual Debt Service
98 Page 959 of 989
PARKS AND RECREATION
FACILITY DIVISION
The Facility Division provides for the effective and efficient maintenance of buildings and equipment and
administration of management contracts for Five Flags Civic Center and Grand River Center and ImOn
Ice Arena, ensuring facilities and programs that provide an increased QUALITY OF LIFE and creates
opportunities for both citizens and visitors.
SUCCESS IS ABOUT PLANNING, PARTNERSHIPS AND PEOPLE
LEADING TO OUTCOMES
People
The Grand River Center as the
conference and education center,
Five Flags as the civic center, and
the ImOn Ice Arena provide
increased quality of life for
residents of Dubuque as well as
positive visitor experiences for
travelers to the area.
Planning
Planning is necessary to develop an ongoing capital
improvement plan to keep up each building . ASM Global,
OVG 360, and Schmitt Island Development provide venues for
conferences, weddings, family events, trade shows, recreation
tournaments, entertainment, business needs of individuals,
team, business, and event planners.
Partnerships
Efforts are coordinated with Travel Dubuque. Often local professionals represent their professional association to bring
their state and/or national conference and tournaments to Dubuque. Partners at Five Flags include many theatrical and
performing groups. Partners at ImOn Ice Arena include many hockey, figure skating, and other skating groups of all
ages.
99 Page 960 of 989
PARKS AND RECREATION
FACILITY DIVISION
FY
2024
FY
2025
FY
2026
Full-Time
Equivalent 0.15 0.15 0.15
Property Tax Support
FY 2022 FY 2023 FY 2024
Property Tax Support
$0
$1,000,000
$2,000,000
$3,000,000
The Parks and Recreation Facilities Division is supported by 0.15 full-time equivalent employees.
Supplies and services accounts for 81.16% of the department expense as seen below. Overall, the
department's expenses are expected to decrease by (7.37)% in FY 2026 compared to FY 2025.
Expenditure by Category by Fiscal Year
$27,695
$1,779,152
$203,976
$28,694
$2,051,124
$327,775
$—
$2,189,991
$590,220
FY 2022 FY 2023 FY 2024
$0
$250
,
0
0
0
$500
,
0
0
0
$750
,
0
0
0
$1,0
0
0
,
0
0
0
$1,2
5
0
,
0
0
0
$1,5
0
0
,
0
0
0
$1,7
5
0
,
0
0
0
$2,0
0
0
,
0
0
0
$2,2
5
0
,
0
0
0
Employee Expense
Supplies and Services
Machinery and Equipment
100 Page 961 of 989
PARKS AND RECREATION
FACILITY DIVISION
Mission & Services
The Facility Management Division of the Parks and Recreation Department strives to provide venues for
community and civic activities, entertainment, recreational, and cultural events and activities. The
division promotes events and activities that bring tourists and generate spending in the community and
ensure the centers are well-maintained and professionally managed to ensure attendees have a positive
experience.
Five Flags Civic Center is a City owned building managed day-to-day by
ASM Global located in the heart of downtown. It is a multipurpose facility
which hosts sporting events, theatrical performances, concerts, meetings
and conventions, sporting events and much more. Five Flags Civic
Center features an arena, historic theater, meeting rooms and intimate
performance stage called the Bijou Room.
The Grand River Center is a City owned building managed by OVG 360.
Dubuque’s iconic convention and education center is located in the Port of
Dubuque overlooking the Mississippi River and Riverwalk. The conference
center has meeting rooms, a ballroom and exhibit hall allowing a variety of
uses of the space for large and small events.
The ImOn Ice Arena is city round building managed by Schmitt Island
Development Corporation. The facility has one United States Hockey
League size sheet of ice with seating for 3,200. The arena hosts ice
sports events tournament and games.
Parks and Recreation initiates capital improvement projects for these facilities ensuring the long-term
viability and functionality of these buildings.
Five Flags Civic Center Funding Summary
FY 2024
Actual
FY 2025
Budget
FY 2026
Recomm'd
Expenditures $1,168,452 $1,486,754 $1,392,164
Resources $43,225 $41,688 $42,148
Five Flags Civic Center Position Summary
FY 2026
Parks and Recreation Director 0.15
Total FT Equivalent Employees 0.15
Grand River Center Funding Summary
FY 2024
Actual
FY 2025
Budget
FY 2026
Recomm'd
101 Page 962 of 989
Expenditures $871,994 $1,279,167 $1,173,796
Resources $—$—$—
Grand River Center Position Summary
FY 2026
Parks and Recreation Director 0.15
Total FT Equivalent Employees 0.15
Dubuque Ice Arena Funding Summary
FY 2024
Actual
FY 2025
Budget
FY 2026
Recomm'd
Expenditures $400,801 $428,029 $410,684
Resources $—$—$—
Performance Measures
City Council Goal: Partnerships for a Better Dubuque
Performance Measure (KPI)Target FY 2023
Actual
FY 2024
Actual
FY 2025
Estimated
Performance
Indicator
1 Activity Objective: Become a regional hub for arts and culture by partnering with arts &
culture organizations and providing Arts and Culture events and programming.
% change from prior year in
performing arts programming held at
Five Flags
+.5%+11%-18%+.5 Goal Not Met
2 Activity Objective: Host community events and activities that support families and children.
# of unique performances and events
(all centers combined)80 51 87 85 Goal Met
# of events that supported fundraisers
benefiting families & children (both
civic & conference)
15 17 11 9 Goal Not Met
3 Activity Objective: Maintain infrastructure and amenities to support economic development
and growth.
# of attendees at Annual Growing
Sustainable Communities Conference
(number of states represented)
500/30 0/0
(actual) *365/18
380/18 +
Canada
(actual)
Goal In
Progress
*Note - The date of the Annual Growing Sustainable Communities Conference shifted to the Spring,
resulting in no conference in FY 2023
102 Page 963 of 989
Recommended Operating Revenue Budget - Department Total
32 - CIVIC CENTER
Fund/Account/Account Title
FY23 Actual
Revenue
FY24 Actual
Revenue
FY25
Adopted
Budget
FY26
Recomm'd
Budget
100 - General
4A - Charges for Services
47150 - Refunds (5,426) 0 0 0
4A - Charges for Services Total (5,426) 0 0 0
4B - Grants/Contrib
44000 - Federal Grants 0 0 0 0
44400 - State Grants 0 0 0 0
4B - Grants/Contrib Total 0 0 0 0
200 - Debt Service
4N - Transfers
49304 - Transfer in Sales Tax 20% (41,887) (43,225) (41,688) (42,148)
4N - Transfers Total (41,887) (43,225) (41,688) (42,148)
4O - Eliminated for GW
48200 - Proceeds from GO Debt 0 0 0 0
48205 - Bond Discount/Premium 0 0 0 0
4O - Eliminated for GW Total 0 0 0 0
CIVIC CENTER - Total (47,313)(43,225)(41,688)(42,148)
103 Page 964 of 989
6A - Salaries & Wages
100 - General
60100 - Salaries-Regular Full Time 21,750 22,745 23,974 25,335
60635 - Special Pay Sick Lv Payout 50% 196 243 206 250
6A - Salaries & Wages Total 21,946 22,988 24,180 25,585
6B - Employee Benefits
100 - General
61100 - FICA - City Contribution 1,633 1,710 1,850 1,957
61300 - IPERS - City Contribution 2,053 2,147 2,263 2,415
61510 - Health Insurance 2,014 2,058 2,013 2,013
61540 - Life Insurance 7 7 7 7
61600 - Workers' Compensation 42 42 46 48
6B - Employee Benefits Total 5,749 5,965 6,179 6,440
6D - Repair/Maint/Util
100 - General
63730 - Telecommunications 42 46 42 46
6D - Repair/Maint/Util Total 42 46 42 46
6E - Contractual Svcs
100 - General
64070 - Engineering - Outsourced 0 0 0 0
64080 - Insurance - Property 36,091 43,102 58,667 60,463
64081 - Insurance - Liability 97 89 114 107
64110 - Legal 2,083 0 0 0
64130 - Payments to Other Agencies 1,200,787 1,063,541 1,065,309 1,080,987
64140 - Printing 0 0 348 348
64145 - Copying 2,725 109 2,725 109
64190 - Technology Services 0 0 0 0
64850 - Consulting Engineers 0 0 0 0
64900 - Other Professional Service 0 0 0 0
64975 - Equip Maint Cont 6,365 6,365 7,296 6,365
64980 - Technology Equip Maint Cont 0 0 1,824 1,824
200 - Debt Service
64110 - Legal 0 0 0 0
64900 - Other Professional Service 0 0 0 0
6E - Contractual Svcs Total 1,248,147 1,113,205 1,136,283 1,150,203
6F - Commodities
Recommended Operating Expenditure Budget - Department Total
32 - CIVIC CENTER
Fund/Account/Account Title
FY23
Actual
Expense
FY24
Actual
Expense
FY25
Adopted
Budget
FY26
Recomm'd
Budget
104 Page 965 of 989
100 - General
65045 - Technology Equipment 85,238 24,409 80,000 76,290
65050 - Other Equipment 6,500 1,837 240,070 133,600
65054 - Safety Equipment 4,844 0 0 0
65060 - Office Supplies 0 0 0 0
65110 - Signage 0 0 0 0
6F - Commodities Total 96,582 26,247 320,070 209,890
6G - Capital Outlay
100 - General
67100 - Vehicles 0 0 0 0
67210 - Furniture/Fixtures 0 0 0 0
67270 - Other Capital Equipment 106,313 0 0 0
6G - Capital Outlay Total 106,313 0 0 0
6H - Debt Service
200 - Debt Service
68010 - Principal Payment 33,463 35,714 35,328 36,848
68020 - Interest Payments 8,424 7,510 6,360 5,300
68990 - Paying Agent Fees 0 0 0 0
6H - Debt Service Total 41,887 43,225 41,688 42,148
CIVIC CENTER - TOTAL 1,520,667 1,211,677 1,528,442 1,434,312
Recommended Operating Expenditure Budget - Department Total
32 - CIVIC CENTER
Fund/Account/Account Title
FY23
Actual
Expense
FY24
Actual
Expense
FY25
Adopted
Budget
FY26
Recomm'd
Budget
105 Page 966 of 989
Recommended Expenditure Budget Report by Activity & Funding Source
32 - CIVIC CENTER
Fund/Activity
FY24
Actual
Expense
FY25
Adopted
Budget
FY26
Recomm'd
Budget
3201 - Administration
100 - General
6A - Salaries & Wages 22,988 24,180 25,585
6B - Employee Benefits 5,965 6,179 6,440
6D - Repair/Maint/Util 46 42 46
6E - Contractual Svcs 1,113,205 1,136,283 1,150,203
6F - Commodities 26,247 320,070 209,890
6G - Capital Outlay ———
3201 - Administration Total 1,168,452 1,486,754 1,392,164
3280 - Debt Service
200 - Debt Service
6E - Contractual Svcs ———
6H - Debt Service 43,225 41,688 42,148
3280 - Debt Service Total 43,225 41,688 42,148
CIVIC CENTER TOTAL 1,211,677 1,528,442 1,434,312
106 Page 967 of 989
C I T Y O F D U B U Q U E , I O W A
DEPARTMENT DETAIL - PERSONNEL COMPLEMENT
32 CIVIC CENTER DIVISION
FY 2026
FD JC WP-GR JOB CLASS FTE BUDGET
60100 Full Time Employee Expense
100 1535 GE-21
PARKS AND RECREATION
DIRECTOR 0.15 $ 25,335
TOTAL FULL TIME EMPLOYEES 0.15 $ 25,335
TOTAL CIVIC CENTER DIVISION 0.15 $ 25,335
107 Page 968 of 989
Civic Center Administration
3201 60100 100 1535 GE-21
PARKS AND RECREATION
DIRECTOR 0.15 $ 25,335
Total 0.15 $ 25,335
TOTAL CIVIC CENTER DIVISION 0.15 $ 25,335
CITY OF DUBUQUE, IOWA
ACTIVITY PERSONNEL COMPLEMENT SUMMARY
FY 2026
ACCT FD JC WP-GR POSITION CLASS FTE BUDGET
108 Page 969 of 989
Capital Improvement Projects by Department/Division
CIVIC CENTER DIVISION
Project
Number
Capital Improvement
Project Title Department Fund Account
FY26
Recomm'd
Budget
3249900001 Five Flags Building Impr Civic Center 305 64900 50,000
CIVIC CENTER DIVISION TOTAL 50,000
PROGRAM
/DEPT
PROJECT
DESCRIPTION FY 2026 FY 2027 FY 2028 FY 2029 FY 2030 TOTAL PAGE
CIVIC CENTER DIVISION
Culture and Recreation
Marquee
Replacement $ — $ — $ — $ — $ 131,000 $ 131,000 18
Standby Emergency
Generator
Replacement $ — $ — $ — $ — $ 855,000 $ 855,000 19
Recirculating Pump
Replacement $ — $ — $ — $ — $ 37,000 $ 37,000 20
Five Flags Building
Improvements $ 50,000 $ 2,750,000 $ 3,094,678 $ 8,587,322 $ 8,972,000 $ 23,454,000 21
Boiler Replacement $ — $ — $ — $ 410,000 $ — $ 410,000 22
TOTAL $ 50,000 $ 2,750,000 $ 3,094,678 $ 8,587,322 $ 8,972,000 $ 23,454,000
109 Page 970 of 989
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110 Page 971 of 989
FIVE FLAGS
CIVIC CENTER
FISCAL YEAR 2026
BUDGET PRESENTATION
Page 972 of 989
Bryce Parks, Chairperson
McKenzie Blau
Alan Schumacher
Colleen Myers
Sara Tandy
CIVIC CENTER
COMMISSION
Page 973 of 989
FIVE FLAGS CIVIC CENTER MANAGEMENT
(0.15 Full-Time Equivalents)
City of Dubuque ASM Global
Management contract
Operating costs through
benchmark set by agreement
Day-to-day operations
Building owned by City
Capital improvement funding
Building insurance
Staffing
Aaron Rainey, General Manager
Page 974 of 989
ASM GLOBAL LEADERSHIP TEAM
Aaron Rainey
General
Manager
Greg Olson
Director of
Finance
Jesse Cosens
Director of
Events and
Operations
Page 975 of 989
Income
% Ticket
Sales
$0-$30,000 7
$30,000-$50,000 14
$50,000-$75,000 18
$75,000-$100,000 17
$100,000-$125,000 13
$125,000+31
TICKET BUYER DEMOGRAPHICSIMPORTANCE OF A
CIVIC CENTER
Age % of Age
18-24 7
25-34 20
35-44 23
15-54 19
55+31
Page 976 of 989
IMPORTANCE OF A
CIVIC CENTER
“Five Flags is a great location that is
centrally located and within easy
walking distance of many
neighborhoods. We partner with the
Dubuque Police Department and all
the community partners that make this
a successful free event welcoming to
all during the holidays.”
-Bryce Parks, Coordinator of
Dubuque’s Marine Corps Toys for Tots
IMPORTANCE OF A
CIVIC CENTER
“Five Flags is a great location that is
centrally located and within easy
walking distance of many
neighborhoods. We partner with the
Dubuque Police Department and all
the community partners that make this
a successful free event welcoming to
all during the holidays.”
-Bryce Parks, Coordinator of
Dubuque’s Marine Corps Toys for Tots
Page 977 of 989
HIGHLIGHTS
Page 978 of 989
HIGHLIGHTS
Page 979 of 989
HIGHLIGHTS
Page 980 of 989
SOCIAL
MEDIA
HIGHLIGHTS 24,000 Followers
Average 114,773 post
reach per month
2,049 Followers
Average 13,885 post
reach per month
Page 981 of 989
HISTORIC
PROPERTY
TAX
SUPPORT
Page 982 of 989
ASM BENCHMARK PERFORMANCE
Page 983 of 989
CURRENT &
FUTURE INITIATIVES
•RFP for Management Services
for Five Flags
•Theater envelope assessment
•RFP for architectural and
design services for upcoming
building capital improvements
•Replacement equipment
purchases
Page 984 of 989
PARTNERSHIPS FOR A BETTER DUBUQUE
Page 985 of 989
FY2026 REQUESTED OPERATING BUDGET SUMMARY
$1,392,164 $21.79
Net Operating
Budget Request
Average homeowner’s*
property tax cost for Five Flags
(*Avg. home value of $196,508)
Page 986 of 989
PUBLIC
SAFETY
Emergency Shelter
Community Connection:
A place where neighbors,
friends and families meet
and improve community
connections.
•Counters social
isolation by
connecting people
with each other
through social events.
Page 987 of 989
CIVIC CENTER
FY 26 CAPITAL
IMPROVEMENT
PROJECTS
FY Total Project
Cost
Building Improvements FY 24 $600,000
FY 25 $50,000
FY 26 $2,750,000
FY 27 $3,094,678
FY 28 $8,587,322
FY 29 $8,972,000
TOTAL $24,054,000
Page 988 of 989
www.fiveflagscenter.com
THANK YOU
Page 989 of 989