Five Flags Center_FY 2011 Detailed Operating BudgetMasterpiece on the Mississippi
Dubuque
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2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Fiscal Year 2011 Detailed Operating Budget for the Five Flags Center
DATE: April 27, 2010
Acting Leisure Services Manager Pat Prevenas recommends City Council approval of
the Fiscal Year 2011 Five Flags Center proposed operating budget submitted by SMG.
During the City's Fiscal Year 2011 budget process, the Five Flags budget was adopted
with a property tax support of $805,356. The Fiscal Year 2011 Operating Budget
submitted by SMG has the property tax support projected at $795,956, the previous
year's benchmark.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Michael C. Van Milligen
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Patrick J. Prevenas, Acting Leisure Services Manager
Masterpiece on the Mississippi
Dubuque
Al4iiu la Clry
2007
TO: Michael C. Van Milligen, City Manager
FROM: Patrick J. Prevenas, Acting Leisure Services Manager c -)-- �
SUBJECT: Fiscal Year 2011 Detailed Operating Budget for the Five Flags Center
DATE: April 26, 2010
INTRODUCTION
The purpose of this memorandum is to request City Council to receive and file the
detailed Fiscal Year 2011 Operating Budget for the Five Flags Center.
DISCUSSION
During the City's Fiscal Year 2011 budget process the Five Flags budget was adopted
with a property tax support of $805,356. The contract we have with SMG to manage
the facility states that a detailed budget will be submitted to the City in April prior to the
July 1 beginning of the fiscal year.
Attached is that detailed budget with the property tax support projected at $795,956, the
previous year's benchmark. General Manager Joyce White has written (in the booklet),
a memorandum to introduce the budget and to serve as the annual plan they are
required to submit.
This budget has been a challenging process for SMG with the ice program being
discontinued at the center and the lifting of the prohibition of the past six years
regarding the pursuit of meetings, conventions and trade show business.
General Manager Joyce White will attend the meeting and be able to answer any
questions the City Council might have.
ACTION STEP
The action step is that the City Council approve the detailed FY 2011 operating budget
for the Five Flags Center submitted by SMG.
PJP:et