Agenda - Council Work Session - 03/08/2011

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EXPENSES 40 55 75 Insurance $5 per racer $200.00 $275,00 $375.00 Insurance $5 per pit member $200.00 $275.00 $375.00 Parking /Staging Personnel $20.00 $20.00 $20.00 Scoring Personnel (2) $80.00 $80.00 $80.00 Corner Workers (2) $40.00 $40.00 $40.00 Flag Man $40.00 $40.00 $40.00 Tech Personnel $30.00 $30.00 $30.00 EMT (To be determined) $0.00 $0.00 $0.00 Total Expense Per Evening $610.00 $760.00 $960.00 Total Expense for 14 Race Season $8.540.00 $10,640.00 $13,440.00 REVENUE ilifilif. 40 55 75 Each Spectator at $5.00 per person $200.00 $275.00 $375.00 Each Racer at $20.00 per Driver $800.00 $1,100.00 $1,500.00 Each Racer at S10.00 for Pit Pass $400.00 $550.00 $750.00 Each Pit Member at $10.00 for Pit Pass $400.00 $550.00 $750.00 $13,524.00 Potential Income for Power by Karl at 50% $8,330.00 Total Revenue per evening $1,800.00 $2.475.00 $3.375.00 $12,005.00 $16,905.00 Total Revenue For 14 Race Season $25,200.00 $34,650.00 $47,250.00 PERCENTAGES TO EACH Potential Income for Power by Karl at 70% $11,662.00 $16.807.00 $23.667.00 Potential Income for City of Ramsey at 30% $4,998.00 $7,203.00 $10,143.00 Potential Income for Power by Karl at 60% $9,996.00 $14,406.00 $20,286.00 Potential Income for City of Ramsey at 40% $6,664.00 $9,604.00 $13,524.00 Potential Income for Power by Karl at 50% $8,330.00 $12,005.00 $16,905.00 Potential Income for City of Ramsey at 50% $8,330.00 $12,005.00 $16,905.00 Note: expenses iistea nere ao not incivae any start -up costs (i.e. installing rencing, naunng ana graaing art etc) Net Profit Per Evening $1,190.00 $1,715.00 $2,415.00 Net Profit Per 14 Race Season $16,660.00 $24,010.00 $33,810.00