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Finance Highlights 2008 0729
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Finance Highlights 2008 0729
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8/29/2008 10:13:54 AM
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8/29/2008 10:13:48 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
7/29/2008
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_CC Agenda 2008 0902
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\City Clerk\City Council\Agenda Packets\2008\Packet 2008 0902
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Childcare Summary Financial Statement <br />Davis Street Family Resource Center <br />Childcare <br />Summary Financial Statement <br />4 years ended 06/30/2007 <br />(Dollars in OOOs) <br />REVENUE AND SUPPORT 2ooa 2005 Zoos 2007 Total <br />Govenuuent Chants/Contracts $669 $619 $506 $533 $2,327 <br />Isarenf Fees $752 $704 $554 '$542 $2,552 <br />-Other 515 546 $40 $16 5117 <br />TOTALREYENL'E AND SUPPORT $1,436 $1,369 $1,100 $1,091 $4,996 <br />VARIABLE E!CPENSE <br />Salaries Taees and Benefits <br />Food Expenses <br />Other Variable Goats <br />TOTAL VARIABLE ENPEiVSE <br />$1,106 $950 $841 $793 $3,690 <br />348 $45 $34 $26 $153 <br />S46 $51 $34 $40 $171 <br />$1,200 $1,046 $909 $859 $4,014 <br />CONTRIBUTION itIARGI\~ <br />CNIPERCENTAGE <br />FLIED EZPENSES <br />Space Gosis <br />All Other <br />TOTAL FIXI~;D E~I'EN$ES <br />i~'ET iVIARGhi <br />$236 -$323 $191 -$232 $982 <br />16.4% 23.6% 17.4% 21.3% 19.7% <br />514 689 $65 :$117 $285 <br />647 $169 $58 $73 $347 <br />S61 $258 $123 $190 $632 <br />$175 $65 $68 $42 $350 <br />The projection for ibis programs assumed a resumption of 2005 Revenue levels with <br />a compound growth r4tc of 5°-o and a contribution margin of 20°0. <br />For fixed espetrses, we have assumed a 6°% increase annually over 2007. <br />FOUR 1'F,AR PROJECTION <br />Revenue <br />Variable Expenses <br />Contribution Mazgin <br />Fixed costs <br />\et Surplus <br />2008 2009 2010 2011 <br />$1,369 51,437 $1,509 $1,585 <br />$1,095 $1.,150 $1,207 $1,268 <br />$274 $287 $302 $317 <br />$201 $213 $?26 $240 <br />$72 $74 $76 $77 <br />Sustainability Study: Davis Street Family Resource Center-4/08 Page 59 of 96 <br />
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