2017-04-18 GC Agenda Att 3 to Item 5 Business Plan Cooroy Memorial Hall

4.3 Budget Forecast
Cooroy Memorial Hall Association Inc.:
Management after Refurbishment; Projected Profit & Loss Statement
(Expenses noted are relative to income projections)


Income
Rental of Hall                        $34,940.00
Council maintenance pmt.              $12,000.00

Total Income                                  $46,940.00
Expenses
Advertising & Promotion                                    $400.00
Audit Fees                                                 $800.00
Bank Fees                                                  $400.00
Cleaning                                                 $9,000.00
Consumables                                              $3,000.00
Electricity                                              $4,500.00
Insurance                                                $1,800.00
Keylock security system                                  $1,000.00
Misc. equipment/furniture                  t             $2,000.00
 PO Box Rental                                             $150.00
                          af
Repairs & Maintenance                                    $5,000.00
Security                                                   $500.00
Stationery & Postage                                     $1,040.00
Telephone/internet                                       $1,500.00
Waste disposal                                           $1,000.00
    Dr
Water & Sewerage                                         $3,000.00
Web Site Maintenance                                     $1,000.00


Total Expenses                                         $36,090.00


Net Profit                                        $10,850.00

4.4 Profit Summary
Net Profit would enable consideration of expenditure for items not already budgeted which
may arise or may have been suggested by renters of the hall. This will see improvements
which will add more value and more revenue to the hall. In time, it could be reasonable to
suggest that the Cooroy Memorial Hall may be able to manage sufficiently on the income it
generates.

BUSINESS PLAN FOR FUTURE OPERATION OF COOROY MEMORIAL HALL             MARCH 2017       22