03/31/1986 CONF MTG - 5148L _�
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CITY OF FRIDLEY
CONFERENCE MEETING
MARCH 31, 1986
DEPOSITION OF SMALL TA7C FORFEIT LOTS
CONTRIBUTION TO COMMUNITY SCHOOLS
:i� FOUNTAIN REPLACEMENT FOR MOORE LAKE
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SUMMARY OF LIGlUOR OPERATIONS Ig$� AND YEAR TO DATE,1986
CITY COUNCIL 1�IRECTION TO STAFF REGARDING Igg% BUDGET
OTHER
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SUBDIVISION
----- 1lilkr•D���Co.Yiesupoiu
4 Sec or Twp. or Appnikd A
Lot Block �"�� Y�lue of l,and Vslue o� 1RT�unber
ITY OF FRIbLE� � �—�+"Ti�'�
RI��ER Vil W HEIGHTS
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� Plot 575°: Parcel OS55
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Lot 26 81N C River View Heights
RiVER \r1E W HEIGHTS
�'ff��b ..
Plat 5759� Parcel 0835
�ot 56 61k D River View Heights subj to ease
of rec
RIV�R VIE W HEIGHTS
pTN�B'.��'6"'��$$—
Plat 57593 IParcel 0145
Lot 29 Blk A River View Heights
SPRiNG Bf ;OOK PARK
PTF�Ta3�'
Piat 59140 Parcei 0480
Lot 28 Blk 3 Spring Brook Park
SPRiNG BF OOK PARK
��� 4
Plat 59140 �'orcel 0595
Lot 18 Blk , S¢ring Brook Park
�SPRING BR (�OK PARK
FZ�i�'�b"� ��iTl�—
Plat 59140 i'arcei 2340
Lot 23 Blk ' 2 Spring Brook Park
RICE CREE �C TERRACE PLAT 2
�I N�� 0
Plot 57581 F arcel 0260
E 35 ft of L� �t 8 Bik 2 Rice Creek Terroce
Plat 2(ex E t5 ft) (subj to droinage E�
ut i i ease ove r rear S f t)
ADAMS STR :ET ADD TO MPLS
PIN 23 30 24 13 0 26
Lot 8 Bik 4� dams Street Add to Mpls
tyg N of S IC ft thereof ex that prt desc as
fol; beg at SE cor of sd Lot 8 Blk 4, th N
atg E line th� reof 36 ft, th SVlily in a
straight line �o a pt in the S{ine of sd
Lot 8 Bik 4 3> ft W of SE cor thereof, th E
alg S line of ; d lot to POB subj to ease of rec
' �AUD SUB NC 25
P��1 '�F+� �00 I 9
I , ..;i ;;� �55 Pc rcel 1700
Lot 8 Aud Su! 25 - ex E 800 ft � Ex th pt
thereof tying N of the NELY rt of woy line of the
outer drive o1 the St Trk Hwy - subj to ease over
5 12 ft
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SUBDIVISION � ,ec or Twp. or
Lot Blocic
CITY OF FF;I(�LEY (Co f?
jpAUD SUE NO 25
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Plat 5415 � Parcel 1850
Lot 9 Auc Sub No 25 ex E 800 ft thereof
ex prt tak �n for hwy subj to eose of rec
'� MARIAN iILLS
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That prt c F Outloi D Morion Hi11s !yg
between t�e SEIy extn of the NEIy E� the
SWIy lines of Lot 9 Blk 3 Marian Hills
subj to ea: e of rec
�MARIAN I iiLLS
��5'.3� �i�T 0 I I 0
That prt o Outlot D Marian Hills lyg �ly
of the SEI� extn of the S1A'ly line of Lot 7
Blk 3 Mari an Hills subj to ease of rec
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CITY OF HAM LAKE � i
UNPLATT :D � �
The E 66 f of the N 330 ft of the SEl� of the I I f
NV�'14, ex r� ! 01 ( 32 �
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UNPLATTI :D
The E 66 f� of the S 429 ft of the N 759 ft
of the SEl4 pf the NWYe, ex rd
UNPLATTE �
The E b6 ft of the SEM► of the NWl�, ex the
N 759 ft th �reof, ex rd
IDLEWOOC 3RD ADDITION
�3 0 0
Piat 73839 I'arcei 1300
Outlot A Idl ewood 3rd Addition (subj to
ease as sho� �n on plat)
IDLEWOOD 3RD ADDITION
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Plot 73839 F arcel 1400
Outlot C Idl �wood 3rd Addition
IDLEWOOD 3RD ADDITION
Plat 73839 P �rcel I500
Ouilot E Idle wood 3rd Addition
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600 � WEST MOORE LAKE ORIVE. FRIDLEY. MINNESOTA 55432 / 571-6000
February 24, 1986
Mr. Nasim Qureshi, City Manager
City of Fridley
6431 University Ave. N.E.
Fridley, MN 55432
Dear Nasim:
'D�T: ��r� (JS — .
.
� �� �S
� yh�, 3�3
Our Business Manager asiced me to review our budget for Comnunity
Education in preparation for budget making for the next fiscal
year. In doing so, I discovered that the last check we received
from the City of Fridley as a part of our cooperative agreement
was for the 1983-84 school year. You will recall that the
agreement called for the City using our large group facilities
for City recreational programs. The City part of the agreement
was for a contribution of 55,000 a year.
Unless our records are incomplete or inaccura�e, this would mean
that presently the City needs to issue a check for 55,000 for the
1984-85 school year and another t5,000 check for the 1985-86
school year payable before June 30.
If it Would help with your business records, I would be willing
to submit a bill for these amounts even though we have not done
this in the past.
If you have any questions about this matter, please call me at
571-6000.
Sincerely,
�����''�- ��,t.L
Tom Myhra
Curriculum Coordinator
TM/hj
cc: Chuck Boudreau
i'� /'% �'�.' ''�i
� , ' _ ' '� �
MFSi ) �: Jchn,F�bra,�Ptblic Works Director
�tEi�1) FRCx9: Ralph Volkman, �perinterr3ent of R�blic Works
2�'�1) AATE: I�fa Lch 5, 1986
SUB TDCT: F cuntain Replacement for Moore Iake ,
The 1986 Park maintenance budget has approximately $45,500 for replacement of
Pazc equipment throughout the Fridley Park tystem. With the improvements now
in progress for Moore Lake, it would be an opportune time to replace the
exi�ting fountain with a unit similar to the original fountain that was in
pl� �e during the early 70's. The proposed new fountain would change in many
de: igns and m.ilti�olor formations with water shooting 50 feet into the ai r at
tin �d intervals.
TtiE ex isting small fountain in Moore Lake vould be placed in the Ca�arunity Park
porj which would greatly improve the aesthetic aQpearance of this park.
ThE cost of the new fountain, canparable with the original fountain, would be
apF roximately $22,000.
La king at the improvements in store for Moore Lake, a new fountain would be a
gr� at addition to the lake at this time. Let me know if you need any
adcitional information.
3/E/20/1
w
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MEt�ir� TG C I TY MANA��EFi
G I T'i" I;GUhIC I L MEMF�ERS
MEMO FF: ]M: R I l;F:: F'R I BYL . F I NANCE L� I RECTOR
RE6HF;U I JC : RE ��ULTS OF F I F�:ST YEAF; OF WAREHOUS I NG L I G?UOR
THF WF+f�: =:uli-�USE rO1Vi:EF'T
.
ira L_AlF i.':'�t4 WE �E�,Aha THE WHREHt�USE SALES CQNCEPT. AT THAT 1"IME
CER�TA I N F;S'=�UMPT T GhJS i+IEF<F MADE I f�l ACCOF:UAhdCE W I TH OUR F'ROJE(�T I ur��.
A-f �( HE i- I hiE l-H I �: UEC I � I Gh1 WaS � MFyUE C�UR riAF:�::—UF' ON L I C?UOR WA� I hl l-H�
—�� -�- W I TF � YF{E I MF'LEMENTAT I ON TNE THE WAREHUUSE TI-�E MAf;f :. --UF'
I�r'�f1i:;E !-. - .._, a--� _%.
��E�(;i�F't:i TO ii":. BY D�IhJC� TH1� IT WHS F�::{'�IC�WP�i THAT THE SHLE� WDULD HAVE
TO I rJ�,F :=-1SE: 1-Q A H I ���ER LE`JEL 70 F'RODUC.E THE SAME �+MOUNT OF NE�T
I!`Ji_'t.-��1E: . �7�T TE-IE. T I Me, T�-IE PEC I c I Or� WnS MHDE THE L I L-?UOF; MHNAGEF; FE.LT THAT
THL= STC ;_F. i��iUl__D BE ABLF 70 HGGUMULATE H MUCH L.A�.i�ER SF;LF S VuL_LJME TO
l+i�=;F;'F�:r,hyl THE �=CiNC:EF'T. IT Wti�'i I�UT f:i�I��Jt+it�d HGW LONC� IT WOIJLD TFtf:E T�7
E_STAi'1_. 1�:H TF-I�. 1'JFl�1 CLiS �OI`1ER EsH:�F F'lJT IT WAS THE THOUCiHT OF THE LIC:+.UOF:
�� il�•; E� T I I�T i l� WOULU E�E I �.'� E XGE���; OF Fi Y'ER��:.
Rf_:'=:;_i;_.l":= �-�� f= IR'-:T YEAF.:
��-;EL�t!_. •�: �, �.-,F;�tt�;�=s TF�E t:OhfF'F;t�: I T I VE F'��'FuFiMNN��E FC�f; BOTH THE
F� :�� i��l_F_` I__ I � l!Of; S Tt)F:(`;�. I-� �Hi.-�W�; A GF�EF;HT I NG l_�13=� O�d E�OTH
TF��E:� Pr�` � Y%=r1�' , THE WF�FIEHOUJE S�;Cit4ED Hhd C+F'ERAT I fVG LO�� GF
f-�hJ;� T1,i: Nf�i'JEa: SHi.]WED A ��SS ��F ��:_ , icii,. ��.
RE`'F I�4 i-�� - F;E�UL..T�, C�F WAREHi1USE.
C17�' LiF
STC)F=:E � Fi1F;
��49, E�:TB. �. _.
ti=`:H���iit F= Fi SHC�W'=; THE EL_FME:h�TS nF THE INCOME STATEMENT FOF' THE
Wfi:Ftt-t-:=�; =_�_. THE �'ACk::ET QF IrJF��F'I�ikTIOt�! THAT THE COUNCIL F;ECEIVEli Cit�a
`�EF'TEr1'.. ��:R `� , 1'=��s4 I NGL_��BEU r� M»UEL F'ROJECT I DPd CALLt u SENER I O #4. TH I5
F'F;C��]FC:� 7 �!N F-;HD H SAt_ES RA�JGE OF � 1.� =i!i,��i��i, cic:�—:��', 1i>ii,�.,tjti. i�ti ANi� �t i�F�041J
F'F��1F I l M(-iriL� I hJ Of" 1'::. OUR `.:F"�LE ;�'Er=;k::EI'1 FiT � 1� 412 �?� �4. �>4 AT TF1E EhJLi OF
TNE Y'E� �R , AS T S SHOI�JI��I GN Tt-fE �TaTEMEhaT uUF: SA�ES F I f�URE FOR THE
WAF1El�i0� 15E D I D NOT M�;KE OUfi LuWEST F'Rt�JEC�T I�ihJ . THE L I CUC.-lF� F'EUF'LE �T I LI_
FELL I� l�7ILL TAt�::E IN EkCEJJ OF TWELVE MOP•JTHS Tl7 C�ENEF:F�TE A CUriF'._ETE
CUSTOM :R BASE.
�
Tf-IE AC -U�t_ [RCIS� F'RLr�= �'� F'E!�'uE�TF+��. WA5 AL�D HI�HER THAN THIS SEIW�F:IU
STATFD ; 14. 4?:/. '.i_�; . 1�. tii >'j, }, I N TH I S CF�SE THF1T WA� F, GOOU S I GI`a S I�JCE
THiFF� �HLE;: WERE SHuRT QF THE F'RQJEGTF;=i C.�OAL, THE CiFiOSS F'ROFIT C�Et•Jc.F�'�i7tL'>
� 1-i I GH =F: LEVEL Q� MHF�G I N.
THE CF' =F;t=;T I hJV EXFE�!SES WEF;t 01`JE DF THE I TEM� TNAT WERE `�ERY U I FF� I CULT
TO F'�i0 Jct:,T, TNE F'F'OJECTIGhJ'� WERE B(aSED Gh1 THE TYPE OF EXF'EhJSE� THFI'
i�ERE B=I1`•!G IhJCUFiF.'ED AT THE HOLLY STOF;E. THE 1985 OF'ERATING EXF'tNSE�
SHOWED AN EXC:ESS OF �54, 17b. 11 OL'EF� THE PF:OJECTIOhdS SHOWN GP�f SCHED�JLE b,
MODEL = RCI�� ECT I Oh� SCERaF: I C #4 . I h! F�E V I EW I NG I TEMS SUCH AS UT I L I T I ES , I l"
x I� '�'EF:'Y CO �TLY TO HFAT THE BU I LD I NG F�ECA��SE THEF:E I S NO I NSULAT I I',�i��
M� � EF:1 �. I I� T� IE CE I L I NG . WE HLSO I NCURRED C�ST S QF REF'H I R AhlD
MF; I hJTEN ;CE L-�ECAtJ �E OF THE CON� I T I QN 0� THE E�U I LD I NG I TSELF. THE �i00F
HF,D TO iE REF'A I FiED BECFaUSE Or THE MAIVY L�AF�::� THAT WEF:E AF'F'EAR I NG.
ELE�TR I:AI_.. �'E:F'A I RS WERE hIUMEF�OUS D�JR I Nl3 THE YEAR TO F'F:OV I DE FOR THE.
F'f�'OF'Efi :LECTF:I CGL. ARRANC�h'IENTS FOR THE STOf:E.
F'ESULTS OF TFiE_ BOTTLE SHOF'
S�.HED�.J!._ = G SH��WS THHT 198� SHOWED A OF'ER�T I NG LOSS QF �� =, 1���>. 2�' AT THE.
�riTTLE 3HGF' , �;OMF'ARED TO THE OF'Ef;AT I Nv I N�:OME I T F'RODUCEU I N 1984 OF
:#1L�,?°�:' �,i.
THE SFµ� _:� � I �iJ��:E FOR 1985 SHOW� L1 F1N I N� F'EA�'�E OF ��b 1,' 14. 7'� WFi I CH WA:i A
REFL_E�.-_ i- [(�r� OF 71�-IE WAFEHUtJSE TYPE FF I C I Ni3 F�UL I CY THAT ACTIJFaLLY F�RC�DUi=ED
i��.,F�:E ��� ;_��. t�1I TH THE WaREHGU�E FOL I CY OUK GRuSS FROF I T M�F:6I N L�kOF�F�ED
E�i==t=;:?�_i�;E QF ni_�R l-�R I C I hJr F'OI_ I CY THEl�-:EE�Y `/� I LD I fJG A LUW�F�: C�RtJ �S r�•�:nr- z-r
TH�;;�� .�F; _ E�iF�'P.lE-L; L�!Jf�� z ra�� 15'8f�. THE GRuSS F'ROF I T EARNED FOFi 198� WF•S
� i: �, 86 3. 9 � AS Ct7h1F'ARED T� :� 161 , b�'8. �G FU�; 19t�4.
THE OPF :A? I N�� C� �T� FRt71�1 ONE YEAF� TD THE NEXT HAS REMA I NED FA I FLY
'=�TAE'L[= . �?�'���i;T I hJG !�O:ST� I NCFiEASED E�Y AF'F'ROX I h1ATEL`r � b,+_�C�i �. �?�:� WH i CH CAN
F�� �,l T�? 1 F�Ui E I` TO HhJ T NGRE F�SE.0 COST QF AD�'ERT I� I NG .
r-`�"v��l.._Y��I :_� OF- FiJTUFiF_ SALt=S GF�C�WTI-i
THF= �',p;'� �; F- I Gi_IRE�� F OR 19t�5 REF�LE=I:.:TED THE CUh�1CF F'T -I HHT BY F:EL?UC I NC�
PR I CE'=� � T E�IDI. �LLi �;E�JL_T I N I N��R��F�`EL� JF��L_EJ. GUR SALc � F= Oti 19{iE,
I 14t:! F.. r+:= = L� F.;l` � b ��; �?: b!.-1R iy =��:�i: I PJC..F�E.�iS�. i.-1VER TNE= F'f� i Ll�;: Y�F�ft . L-�E ��:Fi�_I ,E._
WE= A E�� ;rJ I h.G A Lt=�W�-t; ME;hG I hJ OF F�F;OF I T TH I� N��':� I 1-A? E:� 7 f l�T OI.JF: Vi�U.�i�{E:
�_�� `=;+�;�._F=� r1L;`=;T I*JCSE�,SE YY LARGEF; F•ERCENIACE. E�A�ED ut�i A 19E:� II'J�_OI�iE
STrT�_t�i�. �!�- t{iE_ P�1F.E:i� TO GE:h�1LRATF�. ANUTNEF; �`,��u,��O�->. U�! IN �HLE� WITI-� E� L�(;OU�
P;;;-1F i T =!i j 4,��:_'-,;: Tu BF;E��f: EVEh�.
TF;� l;i_,T _ OC�f: �L�Ft SaLES TO IhfCRE:G �E IN THE FUTUF'E I� DIFF ICiJL7 AT E�EST
TO F'i;N t I Cl" . THE CONT I f�lU I Nv Dl� I EIVFORCEM�NT I�NU THE ST(-;TUTC�RY CHF�hJC�E= I hd
A�=�E Ci=�i_ _ D ST I L.I_ HA'JF L I M I T I N!� Fh�L,TUR� ON THE GRGWTH F'OTEN"f I AL .
, SCHEDU,F A
LIQUOR 1NCOIE STATEMENT
�EAR ENDIN6 DECEMBER 31, 1985
s
Siles
Liquor
Beer
Mix
Totil S �les
1985
������������������������������������������
BOTTLE SHOP MAREHOUSE COMBINED
------------------------------------------
422,504.�8 7f3,921.90 1,136,422.38
425,602.20 650,301.51 1,075,904.7!
31,424,92 53,979.63 91,401.55
---------------------------------------------
B85,527.b0 1,418,204.04 2,303,73�.b4
---------------------------------------------
Beginning i ventor�/purchases 891,4�8,91
Less: endi�g inventory 134,190.26
Cost of s�l �s 757,658.65
6ross Prof i .
6ross profi , x
Operiting e penses:
Selling -
S�lary � tlerks
Cish Sh rrt
Uncolle:tible checks
Sales t iz short
Totil
Overhead �
utiliti�s
Rent
Laundry
Repair md •�intenince
5upplie �
Conuni:ations/Al�r�s
Dues �rl subs�riptions
Adverti �ing
Depreci ition
Total
6ener�l -
Manage�rnt ezpense
Inventc�y control
Account,ng
Data pr �cessing
Other caneral overhe�a
Y�reho� ce 5etup Costs
Totil
Tot�l oper;ting expense
Operiting i�co�e (defi�it)
Other in�ai�
NET INCOME (deficit)
1,�36,00�.55 2,328,453,46
213,084.39 357,81�.65
1,212,910.16 1,970,518,81
---------------------------------------------
121,868.95 205,283.88 333,152.83
14.44i 14.415 14.461
72,B01.78 99,209.�4 172,011.22
21,31 311.12 332.43
836.00 1,364.00 2,200.00
�7.99 29.09 77.08
--------------------------------------------
13,107,08 100,913.65 174,620.73
--------------------------------------------
9,361.15 18,03�.02 21,395.11
0.00 25,133.16 25,733.16
1,353.86 1,432.81 2,786.73
7,367.16 15,974.08 13,341.24
2,451.76 4,254.51 6,706.21
3,233.b6 2,069.20 5,302.86
416.00 1,135.32 1,551.32
6,916,48 7,033.49 13,449.97
8,123,54 16,998.74 25,�22.28
---------------------------------------------
39,223.61 92,bb5.39 131,889.00
---------------------------------------------
15,874.53 25,465.38 41,339.91
2,950.25 4,781.01 1,731.26
3,138.14 5,085.51 8,223,65
7,113.88 11,52@.37 18,642.25
8,4bf.66 14,522.80 23,�84.48
0.00 0.00 0,06
---------------------------------------------
38,038.48 61�3�3.€�i 99,421.55
150,969,17 25�,962.11 405,931.28
--•-----------------•------------------------
t23,100.221 (49,67B.231 172,77B.45)
13�441.52 19�815.29 33,256.81
(9,658.10) t29,862.941 (39,521.b4)
1984
�����������������������������..���'����������
BOTTLE SNOP NAREHOUSE COMBINED
---------------------------------------------
381,620.61 417,817.36 799,637.91
407,4�5.21 377,519.31 784,964.52
34,947.05 25,455.90 60,402.45
----------------------�----------------------
. B2�,212.87 820,792.57 1,6�5,005.44
---------------------------------------------
194,848.80 922,586.10 1,722,434,90
131,271.73 112,228.27 349,503.00
---------------------------------------------
b62,574.07 710,357.83 1,372,931.90
---------------------------------------------
161,638.80 110,434.74 212,073.54
19.611 13.4SX 16.54X
bb,5�8.94 67,059.72 133,608.66
55.29 110.11 165.40
0.00 0.00 0.00
126.bb) (�2.30) 1b8.96)
---------------------------------------------
66,577.57 61,127.53 133,105.10
---------------------------------------------
9,527.35 7,478.�1 17,005.16
0.00 16,171.78 16,171.18
732.74 158.25 1,490,99
7,013.59 4,284.29 11,357.88
2,553.10 3,312.84 5,865.9�
2,928.38 1,817.51 4,745.89
209.50 1,770.57 1,980,07
1,095.48 847.67 1,943.15
T,430.19 6,392.11 13,822.30
----------------------------------------
31,550.33 42,833.�3 74,383.75
----------------------------------------
19,609.13 19,609.13 39,21B.25
3,413.78 3,413.78 b,827.55
3,�03.05 3,703.05 7,/06.10
7,918.55 7,918.55 15,837,09
12,113.78 12,113.78 24,227.55
0.00 16,716.96 18,716.96
---------------------------------------------
4b,7S8.29 65,475.25 112,233.50
---------------------------------------------
144,886.19 175,436.21 320,322.36
------•---•----------------------------------
16,752.61 (65,OQ1.411 (48,248.82)
---------------------------------------------
31,190.30 32,251.�9 63,447.14
---------------------------------------------
47,942.41 (32,743.98! 13,19B.93
9
SCHEDULE A
CONTINUED
1985 19B�
--------------------------------------------- ---------------------------------------------
BOTTLE SHOP MAREHOUSE COMBINED BOTTLE SHOP MAREHOUSE COM81NE0
--------------------------------------------- ---------------------------------------------
Other Inco� e:
.
Vending �evenues 690.86 531.75 1,222.61 664.5� 1,612.12 2,182.2b
C�sh ove 15.88 24.37 70.25 0.00 0.00 0.00
B�d chec charge 167,b4 1,008.27 1,175.41 A6.00 210.00 296.00
Interest inco�e 12,535.46 18,239.69 30,775.15 30,434.76 30,434.77 60,B69.53
Siles t� over 1.b8 11.21 12.89 0.00 0.00 0.00
--------------------------------------------- ---------------------------------------------
Total 13,4�1.52 19�815.29 33,256.81 31,190.30 32,257.�9 63,447,19
MARENOUSE �IRIANCE ANALYSIS
-__-__-_ COMPARI50N TO PROJECT10N5
-----------------------------------
� . MD�EL
PROJECTIONS 1985
SCENARIO t4 ACTUAL VARIANCE
---------------------------------------------
S�les
Liquor
Beer
Mix
Total 5 �les
Cost of sal �s
6ross Profi:
6ross profi: X
Operating e;penses:
5elling -
Salary • clerks
Cash sF �rt �
Uncolle:table che�ks
Sales t iz short
Total
Overhead •
�t1�1t1 15
Rent
Laundry
Rep�ir ind ■ainten�nce
SuppliE�
Co��uni:ations/Alar�s
Dues ari subscriptians
Adverti �ing
Depreci ition
Refund��Rei�6urse�ents
Total
6eneral •
Manage�ant ezpense
Inventt�y control
pccount.ng
Dati pr �cessing
Other Saneral overhead
Mareho� �e Setup Costs
Totil
Tot�l oper;:ing expense
Dperiting i u o�e (deficit!
Other intaia
MET INCOME (deficit)
675,000.00 713,921.90 38,921.90
765,000.00 650,302.51 (111,641.191
60,000.00 53,979.63 (6,020.37>
---------------------------------------------
1,500,000,00 1,418,204.04 181,795.96)
---------------------------------------------
1,305,000.00 1,212,920.16 192,079.8�f
---------------------------------------------
145,000.00 205,283.88 10,283.88
13.00S 1�.47X
82,527.00 99,209.14 16,682.44
95.00 311.12 216.12
350,00 1,36�.00 1,014,00
42.00 29.09 (12.911
----------------------------------------
83,01�,00 100,913.65 17,B99,b5
----------------------------------------
8,000.00 18,03�.02 10,034.01
25,018.00 25,733.16 685.16
58�.00 1,�32.87 B51.87
6,066,00 15,974.08 9,906.08
1,�82.00 4,25�.51 2,772.51
1,158.00 2,069.10 911.20
153.00 1,135.32 982.32
6,000.00 7,033.44 1,033.49
29,500.00 16,998.74 i12,501.26?
159.00? 0.00 59.00
---------------------------------------------
77,929.00 92,665.39 14,736.39
---------------------------------------------
19,266.00 25,4b5.38 6,199.38
4,121,00 4,781.01 54.01
6,195.00 5,085.51 (1,109.491
5,404.00 11,528.37 b,124.37
3,651,00 1�,522.80 10,871.80
0.00 0.00 0.00
---------------------------------------------
39,843.00 61,383.07 21,540.01
200,786.00 25�,9�2.11 54,176.11
t5,7�b.00f (49,b78.23i (�3�892.23y
--------------------------------------------
9,847,00 19,815.29 9,966.29
4,061.00 (29,8b2.94) 133,923.94)
SCHEDULE B
______---_-_ COMPARISON TO HOLLY
-------------------
1984 19B5
ACTIIAI ACTUAL VARIANCE
------------------------------------•--------
117,817.36 113,921.90 296,104.54
377,S19.S1 650,302.51 272,783.20
25��55.90 53,919.63 28,523,73
---------------------------------------------
620,192.57 1,�18,204.04 59y,411.47
---------------------------------------------
710,357.83 1,212,920.16 502,562.33
---------------------------------------------
110�434,74 205,2B3.88 94,B49.14
-=========--==-==--=======--===-==-=-=== ==-=
13.451 14.47X
61,059.72 99,209,44 31,149.T2
110.11 311.12 201.01
0.00 1,3b4.00 1,36/,00
142.30) 29.09 1�.39
---------------------------------------------
61,121.53 100,913.65 33,18b,11
---------------------------------------------
7,�76.41 18,03�.02 10,555.61
16,171.78 25,133.16 9,561.38
758.25 1,432.87 614.62
4,284.29 15,974.08 11,bB9.79
3,312.84 4,254.51 941.67
1,B11.51 2,069.20 251.69
1,770.57 1,135.32 t635.25>
847.67 7,033.�9 6,185,B2
6,392.11 16,998.14 10,606.63
0.00 0.00 0.00
---------------------------------------------
42,833.43 92,665.39 19,831.4b
---------------------------------------------
19,b09.13 25,465.3B 5,856.25
3,413.78 4,181.01 1,367.23
3,703.05 5,085.51 1,382,46
J,918.55 11,528.31 3,609.82
12�113.78 14,522.80 2,�09,02
18,116.96 0.00 118,716.96)
---------------------------------------------
65,475.25 61,383.01 t4,092.iBf
---------------------------------------------
t75,13b.2! 25�,962.11 74,525,90
---------------------------------------------
165,001.47) t49,b78.231 15,323.24
---------------------------------------------
32,251.49 19,815.29 t12,442,20)
---------------------------------------------
(32,743.981 (29�862.941 2,881.04
=- ==- = =====--========-=-======---======---
.
SCHEDULE C
. 80T LE SHOP VARIANCE ANALVSIS
t
Sil l 5
Li auor
B� ar
Mi c
fotal S�les
CDSt Of 5i1E5
6ros Profit
6ros profit i
Oper ting ezpenses:
Se ling -
alary - clerks
I ish short
I nrollectable checks
!ile5 tax short
Total
OvE •head -
l:ilities
F !nt
l iundry
A�pair and ��intenance
S ,pplies
C ���unications/Alir�s
D es and subscriptions
A vertising
D pre�iatian
R funds/Rei�6urse�ents
Total
6eni ral -
M���ge�ent expense
Ii �entory control
Ac :ounting
D� :a processing
Otier general overhead
'ot�l
Totil �perating expense
Dperit ng inco�e Idtficitf
Other ncwe
KET IM� DME tdeficitl
1984 1985
ACTUAL ACTt1Al VARIANCE
-----------------------------------------
381,820.61 422,500,48 40,679.87
407,445.21 425,602.20 18,156.99
3�,947.05 31��24.92 2�477.87
---------------------------------------------
824,212.SI 885,521.60 61,314.73
---------------------------------------------
6b2,514.01 757,b58.65 95,OB�.58
----°-----------------�--_-_-�_-�--_�_-_�-__
161,638.80 127,868.95 133�169.85)
14.61X 14,14I -55.OBX
bb,548.94 72,BOI,1B 6,252.84
55.19 21.31 133.981
0.00 836.00 836.00
(26.661 47.99 14.65
---------------------------------------------
66,517.57 13,10T,08 1,129.Sf
---------------------------------------------
9,527.35 9,361.15 1166.20)
0.00 0.00 0.00
732.74 ��353.B6 621.12
7,013.59 7,361.tb 293.57
2,553.10 2,451.16 1101.341
2,928.38 3,233.66 305.28
209.50 116.00 206.50
1,095.18 b,91b.48 5,B21.00
7,430.19 8,123.54 693.35
0.00 0.00 0.00
------•--------------------------------------
31,SSQ.33 39,223.61 7,613.1B
---------------------------------------------
19,609.13 15,87�.53 13,734.b0)
3,113.18 2,950.Z5 f463.53)
3,703.05 3,f38.1� l564.41)
1,918.55 7,113.88 1804.67)
12,113.1B 8,961.68 13,152.10!
---------------------------------------------
46,758.29 38,436.48 18,719.91)
---------------------------------------------
f�4,886.19 15Q,964.17 b,OB2.9B
16,752.61 123,100.22) (39,852.831
---------------------------------------------
31,190.30 13,441.52 (17,T48.1B1
---------------------------------------------
47,942.91 (9,658.70) 157,601.61)
.
�f
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MFMO TO � C I T1' h'iANAC,ER
C: I TY COLJNC I L MEMBER�
MF�fO FR :ih'i: RICf�:: F'RIBYL, FINANCE DIRECTOF;
RE�,ARD I J� : F I hdAhJC I AL FQ'� I T I �7N OF L I G?UOR OF'EFAT I ONS AT �/�8/86
ATTACHE i YQU W I L_L F I NL� THE. F�ESULTS DF OF'EFAT I ONS FOF< THE L I G?UUR S 7 URE
A:� O(= T iE EPJD t�F L_AST MOIVTH, THE RESULTS OF OF'EF;AT I 17N5 ARE ST T LI_
�,F�i�W I N�� F; L.OSS B�JT I T I S AE,OUT :�8, �>G� �� �. C>U LESS THAi�! LAST YEAR. I T
LC)OE: ,� C]h�l`= I DEF'AE:LY BETT`R THAN TH I S T I ME LAST YEAR , 5HL�5 HF:E UF' EtY
ALiC?l.!T �' C� ,��� ��_1. ���? t�! I T H C+IJ�: (��G� S F�RI�. F I T F�E�;CENTAGE UF� A B I T. THE ����USS
F'R�'iFIT �S L)�' F�Y :#815?. �_��_�.
SC L� I r��; F=X; �EN� �E= w: FIA��E_ BF F_N RE L�UC�D BY REV I EW I N� WOF;r:: SCHEVULES F�hJ� �
ECCiNi ;M I' I ivt:a F;S MUCH AS F'O �S I EiLE ON SLOW SH I FTS. TH� L I G!UOR STO�;F
COOR I n l d��TOF; HAS F�EEN WORf I NG VERY CLOSELY W I TH THE ACCOUNT I NG S"faFF
RE4'IEWI J�� THE EXF'EhJ�ES NECESSAF;Y F;JR THE OF'EF�A7IUN OF THE STORES.
AT I i-ii.lHf�� i YOtJ W 1 LL_ F I ND THE. FuLLOW T NG SChEPULES:
����=;F-IFD Jt_E r�--CiJMF' ;R I T I VL L I C!L�ul�: I NCUME � TATEMEN�T
'"=�t'F�� I> 1�_E_ L-�--WAREI�C_iUSE ��10NTHLY INGOMt STATEMENT
S�_F��:;? i�._t= C—I�01�TL_E SHeF' MONTHL_Y INCOME S1-ATEMEf�IT
� rr�-'nh. � ',�: L T T
l:a�� h; � . �'A,EMEh.
� A5 Cr FE6i �AF:r' ?6�, 1486
.
Sa�es
LiquCr
6ee�
Mix
Totai 5ales
Beginr�ing inventa�y/pu,►�hases
LeSS: ec icg :nventory
�cs� e� s ies
6r;:ss F-� :t
d�u77 r�l :1 �
Gperatin� e,pe��es:
Se::;�y -
5cle' ' - �12fi5
�� t
3a` i�:v�
uc_,.. e:;at:e =re:�s
:a:_. ta�; s`or;
T�; �:
1%tiQ�:lt1i : -
�ti:i.:es
tiF' .
:rs�� �-.�e
;.au-. �v
�ep� � a�r �aintenance
�;i�f iE5
�G^^m 'i:CdLl��;%Hid•'05
��es a-,. 5ub5[r;p:ion:
��hve tisir„�
Dep� .:a'tier
?� a:
6EAe�d -
Ma�:a eaen� expense
Inve tc*y �or,tr�;
A�to niing
Ca:a prccess:ry
Othe genera; overhead
Tc al
io:a: Oj,l:'diing exae-:se
Gperat:-� i��a�e ;deficitl
Otber ir:cca
kE? ;�C['= idef;citi
19&6
---------------------------------------
B01tlE 5H2P YAk_HOL'SE COM��INE�
---------------------------------------
61,;�6 99,466 161,244
b+),Q53 88,37� 148,436
4,4:1 6,648 11,06?
---------------------------------------
126,242 194,506 320,749
2�2,322 409,3u8 641,b30
126,225 245,676 311�901
---------------------------------------
lOb,091 163,ti32 2e4,129
---------------------------------------
2:�,14` 3G,87` 51,('19
15,56� 15.87X 1�.9:k
11,054 14,114 25,166
c 7d 7E
°ii; SU�; :,OG':
� , 16
1:�5C"[ i4�70f '[0�2C:
---------------------------------------
i,?�,; B'? 2,bOb
V J�J�� J�rr`'YL
1,71u :,?9u 4,5C��
iuu yo 196
1,05= 654 ;,723
b5: 1,13i 1,7d�
6:4 2iE 6y�
24 0 24
4i9 4:9 6�7
1,�54 "[,6=4 4,1Ec
---------------------------------------
1,66° 12,6�: 2i;,[9b
---------------------------------------
;,5�ei n,366 IC,36?
J11 7JJ ��J�7
453 735 1,188
32? 533 66'
124 2i�2 3�t
---------------------------------------
5,4t5 8,191 24,256
---------------------------------------
24,692 36,122 6G,8;5
'------------�-------�"�'-�--�-----'--
14,548) t5,24Q) 19,746f
---------------------------------------
3,317 4,411 7,18?
---------------------------------------
(f,11I) (8361 (2,U�:1}
SCHEDULE A
t985
---------------------------------------
BD?TLE SHO*' MARE�ICUSr C�MBiNED
---------------------------------------
�9,�b3 83�463 .3:,��6
43,5b3 71,004 114,56?
3,666 6,289 10,155
---------------------------------------
96,692 160,75� ?°7,448
Zij,38� 341,385 5:4,,'b'
131,??7 2i�B,�U9 34�,185
---------------------------------------
81�405 133,i10 214,581
---------------------------------------
15,Z87 �',`�u <<,6b'
iS.Bih 1�.16X lo.t5�.
12,33:� 15,863 ?b,lih
10 4; 5:
(1 '` i;
G 0 �;
1�,343 15,9'�:� :�,:4?
---------------------------------------
t,744 4,4:�5 6,19y
0 2 `3: �32
,�
o c e
13u ��° :8�
344 1,46� 1,5:�
5t� rd� 1,49:
y? s�; b�.:
U 0 i�
?�6 34` 5`'
.,3:4 '1,:�:: 3,�76
---------------------------------------
4,5:1 l2,�54 17,1E5
---------------------------------------
L14�tl 4���y , �i�5:i
64` 1 4U7 ' ''4
� , � ,.,�.6
634 I,US� S,b6t
4J� �J.ti 1�[Cl�
9G� 1,634 2,6:4
---------------------------------------
J�J/� 6,921 14,296
---------------------------------------
2i,2;9 37,489 55,1�E
---�----------------°--�-----�---�--�-
(6,9,`,[� (9,4091 ;16,65ii
---------------------------------------
3,u01 3,144 6,145
---------------------------------------
(3,451) (6,IE5} (.G,71hi
Wtir _HOuSE MOr;Tr�Y INCu��E 5'ATEMEr�T
� �
5 ] i . v
L q::or
E aer
M x
Tctal Sales
Beg nring inventeryip�,rcr�ases
Lea s: endir,g inventory
Cos . cf sa.es
Gro !s P�G1:t
r.� s prcf:* ..
�,__ atin� e;;po-,_e=.
� �i.ing -
�alar� - cler�s
CdSr 5(1'vt":
L+�co:lec±a��:e cnec�s
:.a� e5 tax �'r.crt
T��a:
J 'c'�'ect7 -
Utllitl2�
Ftent
:f�5:.'d,"rCL
�a;:nC�y
nEud: :'�d !T�d1�.tB'8?',�E
��p:!.es
C�i��*.!ri�ct�l0i15/HinrR�=
i'ue= an� su�,c�:Fti;:r,s
F,�vEr;isinq
:irD!"2�:dt1Df.
Tota?
�t �eral -
Ma-:age,-,en± expe^se
i��'E�fl�v!"V C7^'rvi
F14 r.�iui: l 1� y
Data F�ocessi�g
Gt�:er qeneral ove►hea�
Total
Total opera:;ng ea.Fe^sz
C�era'tir.G inco�:e idef:citi
Othe� income
�tiET IN��ME idef:citi
SCHEDULE B
3AN FE'r; YEA�; T� L'hTt.
:;,4',i.1I 4�S,OOo.4Z 99,48E.i'
44,9y0.84 43,?c1.27 88,�7�.I1
',.i�9.`2 :,:18.75 6,64E.�-
---------------------------------------------
99,797,47 94,708.94 194,Si�E.41
---------------------------------------------
298,U44,69 111,?63.Q6 409,3i17.75
214,�95.46 31,�80.4b 245,67`.9�
---------------------------------------------
8�,b49.2? 79,98�.b:- ib?,63:.8=
---------------------------------------------
16,148.�4 14,72b.34 30,6'4.`�
---------------------------------------------
---------------------------------------------
1 t�. 1 i. /. iJ. J7/. i J. u�/.
6,2'�.;6 5,8'9.�)4 14,114.4<
34,�� 4=.se �a.ia
�'.l�!� JVU�jil: JIJ.1,111!
�.�1 °.1' i.:4
---------------------------------------------
8,2?�.:1 6,427.8'_• 14,6yV.y4
b; =. 11 U. U':% �7 , i l
:,%7C.8� !,7?C.B� �,;,41.6�
;,'�':,.!!U 1.'y`_.i;, ,'q�,.(`.
..'JV '�,�:. Jb �'.�..�.G
?4":,b _�:.1� EE..".5:.
��.'•.b� .�ibn.'�y 1�i�G.E'
1;7.'% 1cJ.t4 �'E.�;:
�, . �; �i `� � (j �J �� � � I I,'�
li�o,`0 '1�.1�� 418.6'?
1�417.Gu i,4.7.G0 [,8=4.,"1U
---------------------------------------------
b,��y.8� 6,�:-61.�= l�,b'1.:'_
---------------------------------------------
2,774.�_ = 61:.47 6,'6b.'G
59�.11 -�;�.1�) 9:=.<1
346.y4 _�7,�: 7:4.�6
30�.c;i ��8.4� �'=.44
�2.11 179.61 �01,7�
---------------------------------------------
4, i;42. i�;i 4, ,'4Y. 4� B, 7y i, 44
---------------------------------------------
16,96�.9b 17,2�E.54 '6,122.�;
� 1 � / � � . / � i � L � J i L . 2 �) � � J � L 4 i . �7 � )
------------------------�--------------------
1�9Yt.fiU 2�4i3.3,'� 4�411.�'
---------------------------------------------
(737.72) (96.67i (8�6�E:�i
,
�
SCHEDULE B
CONTINUED
3AN FEB YEAR TO D�7E
OthEr income:
VE,�ding revenues 38.5V 75.40 113.��
C�sh a:s_ount 677.50 1,0��.93 �1,7�_,4��
Ca =h oYe� 0. i�q p, OV u, pi�
Bt C C''.E=�; Chd'"�B O. Ul.' V. UO ��.I';1
Irtere=t incame 1,2E2.GG 1,�S:.uQ 2,5b4,i��>
5� i es ta?. avEr u. Qi' U. 0,? :�. l�:
---------------------------------------------
T�tal :,94d.u0 2,413.:? 4,41:.�'
,
�a es
� , iC.;�r
eer
t i ;:
Tota: 5ales
Ee:innicg inventory;'purcnases
Le:s: er�:ng ;r�en'tory
Ccs t o? sa: es
Gre ss "r'ro+it
Gr: ss pr-of:t %
C,:�� rat.�:a e: pe��sES:
�e?iiny -
Snidi - Cit!�:S
�d5'� 5`:Grt
U-,=ui:ectab:e chec�:s
5a�c= ta:: shcrt
T u t : •
� ,er`,-a.� -
L�� l . 1 ♦ . . P �
FE^:'
,..
1 �,�i;' d'i� C
Ld� ,_ �
n:�4:-. �nd ma:-�'t�r�ar=-
����i:E�
t
LC'.T!'�::^1Ca�! QI'S/aid'R,5
L;:e: �r:� ��tsCrip}:ors
H C'�' B'" t 1 5 1!'� G
JEN't�1dL1�!':
���*�1
[ ene�-a: -
'"d��c4E!�e'tt EX[�ei�5'e
:('V2T ��i",' CC'li''DI
Acco�--�t.n9
i�c�a Nr,�_t=5:('�
,
�C`!E!' G2'lrrei u'v=rh8d'u
a +
J�d_
TC�il ��8t-�t1��G P.,;,�,-=�
C�e-ati-�g irco;.e i0efi�i*)
Ot`�- in�c�e
tiET Ih�;,G""E �deficit)
SCHEDULE C
Ja►� �E� r��a� Tu ��Tt
?:�,9S4.i-1 ?i�,?b3.5� 61,75?.`_?
�1,3:�.4� 2E,'4?.99 bG,��b3.4?
�, 25'6. 1 y 2, 124. 69 4, 4�i�. te
---------------------------------------------
64,b:�5.b4 61,63b.20 126,�41.E�4
---------------------------------------------
18�,Obti.14 :��,?5?.89 23�,'2�.U3
1�',4o;:.i-d i1,�'7.24) 126,:2u.79
-----54,�98.i,�------51,49Y.I6---- IGS.��y7.�4
---------------------------------------------
10,0U?.�8 1V,;3%.0� 2i�,144.b?
---------------------------------------------
---------------------------------------------
15.49% 16.45;•: 1�.96%
5�fJJ�).4� J�'t�•?.I1 ::�I;J�..0
^e -.c
�i� . . V. L J.:.�
i,. Ou 5G0. �,�: �;;�;, �;.,
G . ��� 6. Y% �j. JJ
' � � � _ ' _ _ � � � ' � � ' � ` ' _ _ � _ ' _ ' � � � � � � ' _ _ _ ' _ � ' ' �.' ' _ '
5�6��.�6 �,9::4.8: 1:.��5�.=9
1 � � _ � . . � � . �i �. i � i .� ._ . y� �.
(i,','li . . `,1(i I; , t!.
riJJ. l'�� b��. �.�I,� 1 �/ jl,l, 1!O
,_... l:..ly 11:ii„=,
`:�.b_ _`u4.7�� :.� _,.ul
- � � _ - : � _ 1 . fi J
- - - ' . � � a � . , . � �
<�1.�3 ��1,�1 t:�+.�4
:.'.-': �'.:'V ��.�:;i
106..�iU _;�.lU �:ii.bi�
67', ,, b,'`, ::i� ' , _��+. . _
---------------------------------- ----•-----
4,�11.08 �.1�3.8? 7,bE•4.y�
i, i�i. 1f 1���.. _�i _ �7�...1%!
-GS.?9 �11.1I °''.:�%
"�i' ' ?'�.': 4�.., ar�
[ ; , i' l� ..i .. .
1°�.�1 24�-,'r' '�'+.:c
�,'i. E�e i 1�1. o+ .::�i. 4�_
----------------------------------------------
�,�il.t� �,y��.�� s,a�.,._�
-------------------------�-------------------
12,b7`," 1�,G'_7.24 24,E.5'::.5�;
---------------------------------------------
(2,6b�.'�i ii,�6G.12i (4,547.57;
----------------------------------------------
I,564.t9 1,71?.b9 3,:77.?8
----------------------------------------•-----
ci,Uu3.��5) fih7.53i c;,i7�:�.�9i
---------------------------------------------
---------------------------------------------
.
�.
SCHEDULE C
CONTINUED
' �Ah rEE: YEAR TQ DATE
t
Oth er Inccme:
Vaocinq revenues 45.`7 95.51 ;4f.i�8
C�sh d.scour.t z�4.12 '��5.1$ 655.TG
G 3st over z.0i� 0.00 �. �>�'
b�c che�E c��arye 0. 00 0.00 i�.0i`
I �:Erest ic�ce,e 1,282.OU 1,26�.1�u �,Sb4.;�"
S al es tax over U. i+i., p, Q�} ' l�. Ou
---------------------------------------------
Tciai 1,664.69 1,71�.E9 :,;7i.?3
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