Business Enterprises

Operating and Capital

Budgets

FY 2011

March 19, 2010 Metro Moves The Community Forward

 Business Enterprises
Operating Revenue $11.8 million
($ in thousands)
Riverfront
Attractions
$3,061
Gateway Arch
$5,487

Airport
$1,422

Parking Facility
$1,837

March 19, 2010 Metro Moves The Community Forward

§3 million visitors annually
●

§850,000 rides to the top

Operating Revenue
$ 5.5 million

Operating Income
$ 1.5 million

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch
Operating Revenue
$5.5 million
Child ticket sales
20.0% Adult ticket sales
79.1%

Site rental
0.9%

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch
Operating Expense
Other
$4.0 million
15.9%
Wages & benefits
Management Fee to 41.4%
Agency
13.8%

Services
20.6%
Casualty & liability
Materials &
1.1% Utilities supplies
2.2% 5.0%

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch Budget Summary
FY 2011 FY11 Bgt FY10 Proj FY09 Act
($ in thousands)
Operating revenue $ 5,487 $ 5,471 $ 6,387
Operating expense 3,989 3,987 3,602
Operating income (loss) 1,498 1,484 2,785
Non-operating:
Investment income 27 14 55
Contributions to outside entities (23) (1,025) (676)
Net income before depreciation 1,502 472 2,164
Depreciation (404) (401) (494)
Net income (loss) $ 1,098 $ 71 $ 1,670

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch Capital Project Summary
FY 2011of funds:
Sources
($ in thousands)
Jefferson National Expansion Memorial Capital $ 2,602
xxxxxImprovement Fund

Uses of funds:
Arch lobby introductory exhibits 1,222
Remote ticketing and welcome center 956
Point of sale improvements 235
Gateway Arch visitors center 189
Total Uses of Funds $ 2,602

March 19, 2010 Metro Moves The Community Forward

 Arch Parking Facility

Operating Revenue
$ 1.8 million

Operating Income
$ .6 million

March 19, 2010 Metro Moves The Community Forward

 Arch Parking Facility
Operating Revenue
$1.8 million
Monthly parking
13.7% Daily parking
82.4%

Other
3.9%

March 19, 2010 Metro Moves The Community Forward

 Arch Parking Facility
Operating Expense
Wages &
$1.2 million Services
benefits 37.5%
38.1%

Utilities
Other Casualty Materials & 6.2%
13.4% & liability supplies
2.9% 1.9%

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch Facility Budget Summary
FY 2011 FY11 Bgt FY10 Proj FY09 Act
($ in thousands)
Operating revenue $ 1,837 $ 1,769 $ 1,680
Operating expense 1,198 1,132 1,083
Operating income (loss) 639 637 596
Non-operating:
Investment income 11 4 25
Debt/interest expense (111) (173) (192)
Contributions to outside entities - - (205)
Net income before depreciation 539 468 224
Depreciation (358) (415) (417)
Net income (loss) $ 181 $ 53 $ (193)

March 19, 2010 Metro Moves The Community Forward

 Gateway Arch Parking Facility
Capital Project
Sources of funds: Summary
FY 2011
($ Garage Renewal and Replacement Fund $ 92
in thousands)

Uses of funds:
Revenue system upgrade 61
Cashier booths replacement 31
Total Uses of Funds $ 92

March 19, 2010 Metro Moves The Community Forward

 Riverfront Attractions

Operating Revenue $ 3.1 million

Operating Income $ .1 million

March 19, 2010 Metro Moves The Community Forward

 Riverfront Attractions
Operating Revenue
$ 3.1 million
Food Cruise
29.5% 54.1%

Beverage
8.6% Other Retail
4.2%
3.6%

March 19, 2010 Metro Moves The Community Forward

 Riverfront Attractions
Operating Expense
$3.0 million
Materials & supplies
20.6% Wage & benefits
50.3%
Hull repairs
1.5%

Utilities & other

expenses
9.8%

Casualty & liability

5.2% Services Fuel & lubes
9.8% 2.8%

March 19, 2010 Metro Moves The Community Forward

 Riverfront Attractions Budget Summary
FY 2011 FY11 Bgt FY10 Proj FY09 Act
($ in thousands)
Operating revenue $ 3,061 $ 2,754 $ 2,182
Operating expense 2,961 2,706 2,499
Operating income (loss) 100 48 (317)
Non-operating:
Investment income 1 - 1
Misc non-operating - - 205
Net income before depreciation 101 48 (111)
Depreciation (266) (298) (299)
Net income (loss) $ (165) $ (250) $ (409)

March 19, 2010 Metro Moves The Community Forward

 St. Louis Downtown Airport

Operating Revenue $ 1.4 million

Operating Income $ .1 million

March 19, 2010 Metro Moves The Community Forward

 St. Louis Downtown Airport
Operating Revenue
$1.4 million
Leased acreage Hangar rentals
30.3% 32.2%

Aviation fuel sale- Aircraft parking

flowage fee Other Concessions 9.2%
13.3% 6.8% 8.2%

March 19, 2010 Metro Moves The Community Forward

 St. Louis Downtown Airport
Operating Expense
$1.3 million
Materials &
supplies
Utilities 9.3% Wage & benefits
12.2% 61.1%

Casualty
& liability
4.4%

Services
3.4%

Other
9.6%

March 19, 2010 Metro Moves The Community Forward

 St. Louis Downtown Airport Budget Summary
FY 2011
($ in thousands)
FY11 Bgt FY10 Proj FY09 Act
Operating revenue $ 1,422 $ 1,409 $ 1,168
Operating expense 1,313 1,345 1,548
Operating income (loss) 109 64 (379)
Non-operating:
Investment income 5 1 9
State of Illinois grant, other - - 83
Contributions to outside entities - - (5)
Net income before depreciation 114 65 (291)
Depreciation (1,135) (1,369) (923)
Net income (loss) $ (1,021) $ (1,304) $ (1,214)
March 19, 2010 Metro Moves The Community Forward
 St. Louis Downtown Airport Capital Project Summary
FY 2011of funds:
Sources
($ in thousands)
Federal grants $ 7,462
Illinois state and local grants 197
Airport 226
Total Sources of funds $ 7,885
Uses of funds:
Strengthen runway 12R/30L 7,000
Construct perimeter security fence 405
Replace rapid intervention vehicle 450
Replace vehicle 703 30
Total Uses of Funds $ 7,885

March 19, 2010 Metro Moves The Community Forward

 Business
Enterprises
Fiscal Year 2011

March 19, 2010 Metro Moves The Community Forward