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Boards & Commissions Supporting Documents - 07/01/1991 - Committee of the Whole- Z/ (oak. BT@@k op@N,%z C@T@ Bmou"fl(300 Man IPT(@O@MVou@R QSQ3 04 7/1 lei � Facts: 1. The Village Government's goal has been�to-'support the Sports Core (property and programs) entirely through user fees, yet it-hasn't done so� 2. No depreciation has been provided to replace equipment, repave roads and parking lots or reconstruct assets as they wear out. 3. All justifiable Village expense has not been (and is not being) charged to the Sports Core. The Sports Core receives services from some Village Departments without paying for them and there are no corporate allocations charged for Village Administration services. 4. Presently most of the revenue generated at the Sports Core comes from non- resident user fees at the golf course. It operates under the risk of flooding at any time. A serious flood would eliminate nine holes of golf and thereby reduce revenue to the point that the Sports Core would become insolvent........ 5. �It is believed that the greatest potential for increasing Sports Core revenue and thereby providing long term financial stability, is golf operations. Sports Core: The Village of Oak Brook does not have a long range plan for the preservation, use and operating of the Sports Core. With its past history of flooding and dubious financial performance, this valuable Village asset faces an uncertain future. Because of these uncertainties, the Village President has directed us to develop a long range plan for the Sports Core. Because of its nature and the scope of the Sports Core's multiple operations, the long range plan can appropriately be labelled a "Business Plan ". Due to the type of planning required and the long time required for implementation, a planning horizon of five years is appropriate. Sports Core Uncertainties: Long term financial stability Becoming a financial liability to the Village. Financial viability of the Sports Core and each individual activity Flooding potential of front nine holes of the golf course B &T and Golf membership year -to -year Polo operations over the long term Positives: Property Minimal long term debt Management team Community interest and involvement What are theftorts Core Driorities? Establish financial stability (Dependence vs. Independence)- Continue as is- Provide the public with a wide offering of sporting and athletic activities in a pleasing environment- Maintenance of Green Space- Complement Oak Brook Park District programs while remaining separate- Develop and maintain a facility that reflects the character and status of the Village- Establish the most effective Sports Core operating structure (i.e., One business unit or several ?) Flooding Problem- MINIMIZE EFFECTS OF FLOODING ELIMINATE FLOODING PROVIDE ADDITIONAL STORAGE IN THE EVENT OF FLOODING Sports Core Business Plan Table of Contents Introduction Tells the purpose of the plan, discusses its format, methodology, use and timing of subsequent updates and records its history. Mission Statement Voted on by the Board of Trustees, the Mission Statement describes the strategic direction, purpose and philosophy of utilization of the Sports Core. Goals and Objectives The Board of Trustees establish the Goals and Objectives of the Sports Core. The BoT specifies operating goals in such areas as financial performance, personnel, physical facilities, property maintenance, etc. It also specifies certain objectives such as the quality of services to be provided, types of regular sport activities to be offered, special activities to be encouraged and discouraged on the property, preservation of natural features, etc. Goals and objectives should be specified in measurable, quantitative terms to the greatest extent possible. Strategic Marketing Plans Given the Mission Statement and list of Goals and Objectives, the Sports Core Staff will prepare marketing plans for each of the business elements of the Sports Core. These plans will , specify how revenue required to operate the Sports Core will be generated in accordance with the Goals and Objectives. Operational Plans The Sports Core Staff will establish what is detail how they will go about doing so. required to support the marketing plans and Organization The Sports Core Staff will specify the structure, staff, systems and style to be utilized in supporting the operational plans. Finance The financial pro -forma provides the foundation for the entire plan. It delineates the revenue forecast, detailed spending plans and capital spending by area, for the entire planning period. If funds in excess of amounts generated by operating the Sports Core are required for capital projects, the recommended source of these funds will be specified. BUSINESS PLAN DEVELOPMENT PROCESS COMMUNITY INPUT Board of Trustees List of Goals & Obiectives siness Plan Business Plan Development Process s�. �A a(94%L8 Q o9jS971VIES a L a L � * s FINANCE • GOALS AND OBJECTIVES QUESTIONS 1. Financial Responsibility and Solvency Should the Sports Core be charged for services provided by other Village Departments? Public Works, Public Safety, Engineering, etc.? Should the Sports Core be charged an allocation for Village Administration services? Should the Sports Core begin providing funds to cover depreciation of its assets? Continue as is Increase utilization Lose a little money and continue as is vs. Break even vs. Maximize revenue Passive plan (Continue to operate as is with deficit risk - do not increase debt) vs. Progressive plan (Become financially stable by expanding operations - increased debt to be paid by users) If Passive, the Board of Trustees will have to determine the source of the revenue required to support the Sports Core. If Progressive, how much debt is reasonable based on the asset base of the Sports Core and our confidence level in it's ability to repay the obligation from user fees? To answer this we'll initially need a current property appraisal from IRMA. If Progressive, how should the Village raise the money required to increase utilization? .2. Financial Reporting and Organization How should the Sports Core be financially organized? One operation with a single income statement and balance sheet or 3 -5 "stand alone" operations with independent financial statements? What are the pros and cons of each approach? 3. Operations What types of activities should be offered at the Sports Core? What quality level of services should we strive to provide at the Sports Core? What quality level of facilities (property, equipment, physical layout and amenities) should we strive to maintain at the Sports Core? Should a Sports Core Commission be formed? Chartered to act on directives from the Village Board of Trustees and provide "users" with a resource to address complaints and recommendations . Sports Core programmed activities: Sports - participation Sports - spectator Non -sport - participation Non -sport - spectator Summer Wi iter indoor outdoor indoor outdoor Tennis Tennis Tennis Fitness Swimming Fitness Golf POLO Golf LPGA Dining Company / Arts / Crafts / Instructional Organization Instructional Banquets Picnics Concerts Also several one -day events - 4th of July; OB Day; Winter Carnival, etc. Park District programmed activities: Sports - participation Sports - spectator Non -sport - participation Non -sport - spectator indoor outdoor indoor outdoor Tennis Tennis Tennis Fitness L.L.Baseball Fitness AYSO Soccer L.L.Baseball AYSO Soccer Arts / Crafts / Arts / Crafts / Instructional Public Instructional Picnicking Concerts �'Oth'er possible uses: Public picnicking - Playground @ B &T Basketball - Archery - Croquet - Exercise /Fitness Center - Softball - Horseback riding - Companies and Organizations only - Permit required by Ordinance Check IRMA Insurance Provided by Park District Possible. Small financial consideration. Safety Questions. Possible B &T addition. Some cost /maintenance considerations. Park District offers yet we may wish to pursue as part of expanded program. Capital / maintenance / administration concerns. Could we lease facility to responsible vendor? TRAILS AND PATHS There are several paths around and through the Sports Core. All are suitable for walking and jogging, some are suitable for bicycling, as are some for horseback riding. Should we develop a "path plan" . Bicycling - Jogging - Walking - Nature Trail - Bridle paths COURT SPORTS Badminton - Volleyball - Platform tennis - Bocce ball - Shuffle board - WINTER ACTIVITIES Cross - country skiing Ice skating - Skeet shooting - Hockey - Sledding - Tobaggoning- Arts and crafts - Have presently. Have one set up on Grass. Sand courts possibly expensive / Maintenance concerns. Possible Winter Activity. Will require lights for night play. Possible addition. Possible addition. 0 Presently available. Could promote. little interest - Park District offers. Possible Winter activity. little interest Check insurance - possible if additional golf provided and /or flood mitigation provides landfill. Out for insurance reasons. Park District offers. EXPAND PRESENT FACILITIES Add lights to Tennis Courts - Increased security concerns. Coin operated? Tennis Exhibitions Add a hot tub /Whirlpool NOTE: With increased usage, operating hours and extended seasons, increased security will have to be considered. Other non- recreational uses: Increased dining / food services Meetings Exhibitions Shows Special events INTERGOVERNMENTAL RISK MANAGEMENT AGENCY PROPERTY DAMAGE VALUES FOR 1 /1 /91 ANNIVERSARY LOC.1 INDEX 1 STREET ADDRESS PROPERTY VILLAGE OF OAK BROOK, IL 24 -A 64324.21 1200 Oak Brook Village Hall 244 64324.ZZ 3003 Jorie Blvd. Public Works Garage Z4 -C' 64324,23 1915 York Rd. Pump House 8 24 -D 64323.62 725 Enterprise Dr. Fire Station 2 24 -E 64324.24 1212 Oak Brook Rd. Fire Station 1 24 -F 64324.25 2011 Windsor Dr. Elevated Steel Tank 24 -G 64324.25 2011 Windsor Dr. Well House 5 24 -H 64324.26 2213 Tower Dr, Elevated Steel Tank 24 -I 64324.27 2915 Oak Brook Rd. Well House 6 24 -J 64325.78 2324 Midwest Rd. Well House 7 24 -K 64324.28 800 Oak Brook Rd. Bath & Tennis Club Z4 -L 64324.29 1200 Oakton Library Z4 -M 64324.33 810 Oak Brook Rd. Golf Club Maintenance Bldg. 24 -N 300 Meyers Rd, @ I -88 Resv.B & Pump Station 24 -0 York Rd. @ Tollway Pressure Adjusting Facility Z4 -P 700 35th St. @ Route 83 Pressure Adjusting Facility 24 -Q 400 700 Oak Brook Rd. Sports Core Admin. 24 -R 1,600 2606 York Rd. Golf Course Pro Shop 24 -S '171400 1219 22nd St. Well House 11 24 -T 1519 Z2nd St. Well House 12 24 -U 2213 Tower Dr, Well House 13 and Elev.Tank 24 -V Jorie Blvd. @ Oak Brook Rd, Gazebo 24 -994 Vehicle Floater 24 -995 99999.99 Floater TOTALS PREVIOUS 1990 FINE PD PD .ARTS (Bidgs, +font.) VALUE CHANGE 1 31700 71000 31300 0 3,000 3,000 0 0 11300 41300 0 0 1,300 11300 0 0 700 700 (, 0 400 400 0 0 400 400 0 0 0 0 0 0 300 300 0 0 300 300 0 0 1,600 1,600 0 0 800 800 0 300 500 200 4,100 4,100 400 400 400 400 300 300 300 300 300 300 300 300 700 700 400 400 100 100 1,600 1,500 (100) 1 16,700 '171400 10,70,"'