ImOn Arena Fiscal Year 2027 Budget Presentation Copyrighted
April 13, 2026
City of Dubuque BUDGET PRESENTATIONS # 4.
City Council
ITEM TITLE: ImOn Arena Fiscal Year 2027 Budget Presentation
SUMMARY:
SUGGUESTED
DISPOSITION:
ATTACHMENTS:
1. 27 Policy Book Volume III - ImOn Arena Updated 4-15-26
2. ImOn Ice Arena FY27 Budget Presentation
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ImOn Arena
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IMON ARENA
% Change
From FY
FY 2025 FY 2026 FY 2027 2026
Budget Highlights Actual Budget Requested Budget
Expenses
Supplies and Services $ 383,001 $ 400,984 $ 385,760 -3.8 %
Machinery and Equipment $ — $ 9,700 $ 41,200 324.7 %
Total Expenses $ 383,001 $ 410,684 $ 426,960 4.0 %
Debt on Projects paid with Sales Tax Fund
(20%) $ 372,587 $ 470,837 $ 465,285 -1.2 %
Property Tax Support $ 383,001 $ 410,684 $ 426,960 $ 16,276
Percent Increase (Decrease) 4.0 %
Significant Line Items
Background
1. The Dubuque Community Ice Center (now known as ImOn Arena), was designed, developed, and
built under a Development Agreement between the Dubuque Community Ice & Recreation, Inc.
(DICE), the City, the Dubuque Racing Association (DRA), and Battlefield Dubuque, LLC
commencing October 30, 2009. Opened September 18, 2010, the building is owned by the City and
was leased in a 25-year lease agreement to DICE. DICE, a 501(c)(3) non-profit organization, raised
all funds to build the Ice Center. DICE managed and operated the Ice Center on a day-to-day basis.
The City of Dubuque received notice from DICE on June 17, 2021, of its intent to relinquish its
leaseholder rights. DICE agreed to continue operating the Ice Center through September 5, 2021.
The Development Agreement outlined the steps to be taken in the event the lease was
terminated. These steps ended with the City taking ownership of all assets and commencing
with full Ice Center operations on September 6, 2021. This was to continue ice operations to
avoid disruption of ice usage for all user groups involved. As the City took over the operations
and focused on the short-term needs of running the facility, they continued to consider what
would be the best management model for the ice center in the long term.
The City and the DRA discussed the opportunity to move the day-to-day operations of the Ice
Center to the DRA. This led to an interim staffing agreement between the City of Dubuque and
the DRA executed on January 1, 2022, in which the DRA would provide interim staffing to
operate the facility. All operating expenses were charged to the City. Only the direct employee
expenses were included in the monthly expenses. Indirect employee costs incurred during the
term of the interim staffing agreement was provided by the DRA and not billed to the City. All
other costs and operations continued to be the responsibility of the City during the term of that
agreement.
The facility was renamed Dubuque Ice Arena in October of 2022. A management agreement
was adopted between Schmitt Island Development Corporation (SID) and the City on October
20, 2022. The agreement provides for a management fee to SID similar to the fee to the
management firm for Five Flags and Grand River Center as well as the City's reimbursement of
59 Page 961 of 1132
operating loss. A management agreement with SID was established with a term of January 1,
2024 through December 31, 2033, with a potential renewal of an additional 5 years. The facility
was renamed ImOn Arena on August 21, 2023 as part of a naming rights agreement, which
provides $100,000 in revenue to go towards SID's Ice Arena operating budget with the goal of
reducing the City's property tax support.
Supplies and Services
2. Pay to other Agency decreased from $355,832 in FY 2026 to $334,600 in FY 2027. This line item
represents money paid to Schmitt Island Development Corporation (SID) for the fixed annual
management fee (FY 2027 is estimated to be $107,681) and the operating loss coverage paid to
SID (FY 2027 is estimated to be $225,000).
Fixed Annual Management Fee
The management agreement with SID establishes that the fixed management fee is $100,000 in
the first year (January 1, 2024 through December 31, 2025), and adjusted in each subsequent
year according to the Consumer Price Index (CPI). The management agreement outlines the
January CPI is used to increase the increase the fixed management fee. This results in both the
current fiscal year and proposed budget fiscal year being estimates of the January CPI. Using a
January CPI results in estimates that incorporate two different Consumer Price Indexes (CPI) in
a fiscal year.
• In FY 2024 the fixed management fee was $100,000
• In FY 2025 the fixed management fee was $103,400
• In FY 2026 the fixed management fee was $106,399
• In FY 2027 the fixed management fee is estimated to be $107,681
Amount to Cover the Operating Loss
The management agreement with SID establishes that the City will cover the operating loss of
ImOn Arena, which is the difference between all revenues and expenses for the ImOn Arena. In
FY 2027, the amount to cover the operating loss is expected to be $225,000. This number is
projected per a budget provided by SID.
• In FY 2025 the operating loss was $228,940.
• In FY 2026 the operating loss is expected to be $251,287
• In FY 2027 the operating loss is expected to be $225,000
FY 2024 operating loss is not comparable due to half of the fiscal year being under a
management agreement with different terms and conditions.
3. Building Maintenance increased from $15,000 in FY 2026 to $20,000 in FY 2027. This expense is
required by the management agreement and represents building additions, alterations, repairs, or
improvements where the cost for the expenditure is greater than $5,000 and the depreciable life of
the applicable item is in excess of one year.
60 Page 962 of 1132
Machinery & Equipment
4. Equipment replacement items include ($41,200):
Ice Center Machinery and Equipment
Equipment Room Water Heater $3,000
100 gallon Water Heater $20,000
Freezer $4,000
8' Folding Tables $1,600
Skate Sharpener $3,000
Refrigerator units-under counter concessions $9,600
Total Equipment $ 41,200
Debt Service
5. FY 2027 Annual debt service is as follows ($465,285):
Final Call
Amount Debt Series Payment Source Purpose Payment Date
$369,952 2023A Sales Tax 20°/o Ice Settling Remediation 2043 2031
$ 95,333 2025B Sales Tax 20% Ice Arena Dehumidification 2045 2033
$465,285 Total Ice Center Center Annual Debt Service
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PARKS AND RECREATION
ICE ARENA
Parks &
Recreation
Five Flags Grand River ImOn Ice
Center Arena
SUCCESS IS ABOUT PLANNING, PARTNERSHIPS AND PEOPLE
LEADING TO OUTCOMES
People Planning
The ImOn Ice Arena provides Planning is necessary to develop an ongoing capital
increased quality of life for residents improvement plan to keep up each building . Schmitt
of Dubuque as well as positive Island Development provides venues for recreation
visitor experiences for travelers to tournaments and entertainment.
the area.
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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
ImOn Ice Arena include many hockey, figure skating, and other skating groups of all ages.
62 Page 964 of 1132
PARKS AND RECREATION
ICE ARENA
Property Tax Support
$500,000
$400,000
$300,000
$200,000
$100,000
$0
ImOn Ice Arena
� FY 2025 Actual FY 2026 Budget FY 2027 Recomm'd
The Parks and Recreation Ice Center Division is supported by 0.00 full-time equivalent employees.
Supplies and services accounts for 90.35% of the department expense as seen below. Overall, the
department's expenses are expected to increase by 3.96% in FY 2027 compared to FY 2026.
Expenditure by Category by Fiscal Year
�—
Employee Expense $—
$—
$383,001
Supplies and Services $400,984
$385,760
$—
Machinery and Equipment $429,040
$221,625
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63 Page 965 of 1132
PARKS AND RECREATION
ICE ARENA
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.
The ImOn Ice Arena is managed by Schmitt Island Development I�On)
Corporation. The facility has one United States Hockey League size � �::�
sheet of ice with seating for 3,200. The arena hosts ice sports events E
tournament and games.
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Ice Arena Funding Summary
FY 2025 FY 2026 FY 2027
Actual Budget Recomm'd
Expenditures $383,001 $410,684 $426,960
Resources $— $— $—
City Council Goal: Diverse Arts, Culture, Parks and Recreation: Experiences and Activities
1 Activity Objective: Host community events and activities that support families and children.
Target FY 2024 FY 2025 FY 2026 Performance
Performance Measure (KPI) Actual Actual Estimated Indicator
# of unique performances and events > 18 20 20 20 Goal Met
2 Activity Objective: Maintain infrastructure and amenities to support economic development
and growth.
# of projects or improvements to � 1 N/A N/A 1 Goal Met
expand opportunities to host events
64 Page 966 of 1132
Recommended Operating Revenue Budget - Department Total
28 - ICE CENTER
FY26 FY27
FY24 Actual FY25 Actual Adopted Recomm'd
Fund/Account/Account Title Revenue Revenue Budget Budget
200 - Debt Service
4N -Transfers
49126 - Transfer in GDTIF — — — (465,285)
49304 - Transfer in Sales Tax 20% (183,849.01) (372,587.12) (470,836.00) —
4N -Transfers Total (183,849) (372,587) (470,836) (465,285)
ICE CENTER -Total (183,849) (372,587) (470,836) (465,285)
65 Page 967 of 1132
Recommended Operating Expenditure Budget - Department Total
28 - ICE CENTER
FY 2024 FY 2025 FY 2026 FY 2027
Fund/Account/Account Title Actual Actual Budget Recomm'd
6A -Salaries 8�Wages
100 - General
60300 - Hourly Wages - Temp/Seasonal (568) - - -
6A - Salaries &Wages Total (568) - - -
6B - Employee Benefits
100 - General
61100 - FICA- City Contribution (43) - - -
61700 - Unemployment Compensation (912) - - -
6B - Employee Benefits Total (955) - - -
6D - Repair/Maint/Util
100 - General
63100 - Building Maintenance - - 15,000 20,000
63400 - Equipment Maint/Repair - 24,030 - -
6D - Repair/Maint/Util Total - 24,030 15,000 20,000
6E - Contractual Svcs
100 - General
64080 - Insurance - Property 40,494 24,608 30,152 31,160
64130 - Payments to Other Agencies 361,830 332,340 355,832 334,600
64190 - Technology Services - 2,023 - -
6E - Contractual Svcs Total 402,324 358,971 385,984 365,760
6F - Commodities
100 - General
65050 - Other Equipment - - 9,700 41,200
6F - Commodities Total - - 9,700 41,200
6H - Debt Service
200 - Debt Service
68010 - Principal Payment - 151,968 187,429 206,722
68020 - Interest Payments 183,849 220,619 283,408 258,563
6H - Debt Service Total 183,849 372,587 470,837 465,285
ICE CENTER -TOTAL 584,650 755,588 881,521 892,245
66 Page 968 of 1132
Recommended Expenditure Budget Report by Activity & Funding Source
28 - ICE CENTER
FY 2025 FY 2026 FY 2027
Fund/Activity Actual Budget Recomm'd
2801 - Ice Center Admin
100 - General
6D - Repair/Maint/Util 24,030 15,000 20,000
6E - Contractual Svcs 358,971 385,984 365,760
6F - Commodities — 9,700 41,200
2801 - Ice Center Admin Total 383,001 410,684 426,960
2880 - Ice Center Debt Service
200 - Debt Service
6H - Debt Service 372,587 470,837 465,285
2880 - Ice Center Debt Service Total 372,587 470,837 465,285
ICE CENTER TOTAL 755,588 881,521 892,245
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Page 971 of 1132
Matt Kalcevich
Parks and
Recreation .15 FTE each to Five Flags
Director and Grand River Center
Jared Charland Charges time to capital
Project & Facilities improvement projects
Manager
Five Flags Civic Center Grand River Center ImOn Arena
Ryan Bonifas Ryan Bonifas Mark Plantery
General Manager General Manager General Manager
Page 972 of 1132
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IMON ARENA
FY 2027 REQU ESTED PROPERTY TAX SU PPORT
$426,960 $6. 58
Net O eratin Average homeowner's* property
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Pro ert Tax Su ort tax cost for ImOn Arena
p y pp *Av . home value of $196 508
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PERFORMANCE MEASURES/METRICS
• Number of unique performances or events - 20 (Goal 18) ADDED
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