Loading...
HomeMy WebLinkAboutSS PDAC Fee PresentationPALM DESERT AQUATIC CENTER FEE ANALYSIS Potential Fee Adjustment & Cost Recovery Discussion PDAC FEE HISTORYThe Palm Desert Aquatic Center (PDAC) fees were established in 2011 and have not been adjusted since inception. Rising operational costs and future capital project plans prompted a fee analysis YMCA INVOLVEMENT •YMCA partners with health insurance providers to offer cost relief for those with fixed incomes •City receives all revenue, including concession sales •YMCA receives administration & management fees The Family YMCA of the Desert has been the operator of the Aquatic Center since its opening in 2011. Started in 1982, this 501(c)3 charitable community service organization has provided excellent service to the city in daily management and operation. The YMCA also offers a variety of aquatics programs for patrons of the facility. Award of a new contract with YMCA is anticipated in February 2023. REGIONAL COST & AMENITY COMPARISON The Cove, Riverside The Drop Zone, Perris REGIONAL COST & AMENITY COMPARISON $4 $6 $25 $25 $33 8 4 8 9 5 $0 $5 $10 $15 $20 $25 $30 $35 PDAC Jurupa Park The Cove Water Park The Drop Zone Splash Kingdom Resident Adult Day Pass Number of Amenities LOCAL COST & AMENITY COMPARISON Fritz Burns Pool, La Quinta Palm Springs Swim Center LOCAL COST & AMENITY COMPARISON $4 $5 $3 $4 8 2 2 3 $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 PDAC Palm Springs Swim Center Fritz Burns La Quinta Pawley Pool Resident Adult Day Pass Number of Amenities PDAC ADMISSION HISTORY 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Resident Adult Resident Youth/Senior Resident Junior Non-Resident Adult Non-Resident Youth/Senior Non-Resident Junior •Majority of admissions have been from non-residents since 2011 •Admissions expected to return to pre-pandemic levels in 2023 •5-year pre-pandemic average used to project future attendance CURRENT FEE BREAKDOWN Admission Type Resident Non-Resident 30% 70% Resident Non-Resident •Fees were established to achieve a 60% cost recovery rate (Reso. 2011-32) •Cost recovery is down to 33% at end of FY 21/22 due to increased operational costs •All costs not recovered through fees are subsidized by General Fund ($1.8M budgeted for FY 22/23) GENERAL FUND SUBSIDY Fiscal Year 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 General Fund Subsidy $503,641 $683,341 $613,833 $657,877 $709,937 $794,884 $1,026,000 $1,400,500 $1,805,294 (budgeted) Cost Recovery %63%56%59%59%58%40%26%33%32% (estimated) 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 General Fund Subsidy to PDAC 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 Costs not covered by admission fees must be subsidized by General Fund dollars Main Cost Drivers: •Facility repairs and maintenance •Upcoming expenditures to keep facility attractive and competitive Assumptions for Analysis Attendance in 2023 and beyond will return to pre-pandemic levels (5-year average) Capital costs will be covered by the General Fund Operating expenditures will increase 4% per year Other program/food/retail revenues will level out to pre-pandemic averages (fees not set by city) TO ALIGN WITH CURRENT RESOLUTION 60% Cost Recovery OPTIONS ANALYZED BY STAFF Option Impact to Patron Experience Impact to Fees Impact to Cost Recovery 1. Fees remain the same No impact No impact •Cost recovery increases slightly in 2023 due to increased attendance •30% cost recovery range by end of year 5 2. Immediate increase to 60% cost recovery Largest immediate impact on fees Increase by approx. 250% immediately, no additional increases for 5 years •Initial increase to 60% cost recovery •Reduced cost recovery by end of year 5 due to rising expenses 3. Set fee at 60% recovery, gradual increase to get there Gradual impact on fees through annual increases Increase an average of 25% per year over next 5 years, with greatest increase in initial year and softer increases to follow •Fees are set using 60% cost recovery rate at current-year costs •Incremental increases year-over-year to reach fee amount •Overall recovery rate levels around 40% due to increasing costs, 5-yr GF subsidy approx. $7.2M for ops IMPACT ON FEES Fee Options Analyzed Option 1 (Fees remain same) Option 2 (Immediate increase to 60% recovery)** Option 3 (Gradual increase of fees, average recovery rate of 40%)*** Admission Type Year 1 Year 1 Year 1 Year 2 Year 3 Year 4 Year 5 Resident Adult 4.00 13.00 5.50 7.50 9.00 11.00 13.00 Resident Youth/Senior 3.00 9.75 4.25 5.50 7.00 8.50 9.75 Resident Junior 2.50 8.25 3.50 4.50 5.50 6.50 8.25 Non-Resident Adult 6.00 19.75 9.00 12.00 15.00 17.00 19.75 Non-Resident Youth/Senior 4.50 14.75 7.00 9.00 11.00 12.50 14.75 Non-Resident Junior 3.75 12.25 5.75 7.75 9.75 11.75 12.25 **Option 2 cost recovery % would drop below 60% after year 1 unless an inflator is built in ***Option 3 spreads the increase over 5 years, ultimately averages out to 40% recovery rate GENERAL FUND SUBSIDY 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 2,000,000 General Fund Subsidy to PDAC 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 25/26 26/27 27/28 Assuming a 5-year ramp up of fees to 60% cost recovery GF Subsidy $1.4M in FY 27/28 Current fiscal year ADDITIONAL CONSIDERATIONS Raising Non-Resident Fees more than Resident Fees •Shifts the cost increase burden from residents to non-residents •May affect attendance due to heavy non- resident usage Raising Fees on Annual Passes & Punch Passes •Consider increasing punch passes and annual passes proportionately •25-punch passes & 3- month passes are the most popular options •Annual passes rarely sold (less than 10 per year) Other Options •Establish a different recovery rate (not 60%) •Decreased recovery rate would increase GF subsidy •Increase promotional programs or incentives TO SELECT A DIFFERENT RECOVERY RATE Other than 60% SENSITIVITY ANALYSIS 1) What would high/low fee levels look like in each 10% recovery rate bracket? 2) How much General Fund subsidy would be required at each level? •Full analysis included in supplementary documentation •Cost recovery %’s maintained year-over-year PARKS AND RECREATION COMMISSION Presentations given to Commission on 8/2/2022 and 2/7/2023 Commission provided recommendation to City Council Fees for Aquatic Center should be increased New amenities should be considered to increase cost recovery Additional discussion scheduled for April 4 Commission meeting POLICY CONSIDERATIONS 1) Should PDAC fees be increased? If so, what model should be used (immediate or ramp-up)? 2) Should the designated recovery rate be changed from 60% to a new rate? 3) Should the recovery rate include only operations & maintenance, or include capital improvements as well? QUESTIONS? THANK YOU!