13-121 - City of Sunnyvale - State of California

Net Revenue (Cost) to
City for Direct Provision
of Public Swim
Programs
Cost for City Share
of Maintenance
Under Agreement
with School
District**
Revenue from
Friends of Fremont
Pool
Endowment***
City's Full Cost of
Operating
Fremont High
School Pool
(Programming and
Maintenance)
Page 8 of 11
Comparison of Net Revenues (Costs)
to Operate Fremont Pool
Option 1:
Option 2:
Provider: California Sports Center Provider: City
Start-Up
Costs n/a ($26,500)
Year 1 $50,000 (rent) + $17,000 (est. util.) ($263,792)
Year 2 $51,250 (rent) + $17,510 (est. util.) ($245,362)
Year 3 $52,531 (rent) + $18,035 (est. util.) ($234,596)
Year 4 $53,845 (rent) + $18,576 (est. util.) ($216,042)
Year 5 $55,191 (rent) + $19,134 (est. util.) ($199,113)
Year 6 $56,570 (rent) + $19,708 (est. util.) ($163,819)
6 Year Total $429,350 ($1,349,224)
Year 1 ($214,083) ($214,083)
Year 2 ($220,506) ($220,506)
Year 3 ($227,121) ($227,121)
Year 4 ($233,935) ($233,935)
Year 5 ($240,953) ($240,953)
Year 6 ($248,182) ($248,182)
6 Year Total ($1,384,780) ($1,384,780)
Year 1 $7,339 $7,339
Year 2 $7,339 $7,339
Year 3 $20,970 $20,970
Year 4 $31,454 $31,454
Year 5 $41,939 $41,939
Year 6 $41,939 $41,939
6 Year Total $150,980 $150,980
Year 1 ($139,744) ($497,036)****
Year 2 ($144,407) ($458,529)
Year 3 ($135,585) ($440,747)
Year 4 ($130,060) ($418,523)
Year 5 ($124,689) ($398,127)
Year 6 ($129,965) ($370,062)
6 Year Total ($804,450) ($2,583,024)
Increase in costs to the General Fund over six years if City is
provider ($1,778,574)
*Contractor reimburses the City for the cost of utilities to operate the poolhouse.
**Revenue and Expense totals include annual inflation factor of 3% beginning in Year 2.
***Revenue from Endowment is predicated on expected interest earnings. These do not get
inflated.
****Includes Start-up costs.