YMCA approves financial reports

Ponca City Now - August 20, 2015 2:13 pm

The Ponca City Aquatic and Family Center- YMCA, as it looked in 2010 when it opened. The complex is now known as the RecPlex.

The board of the Ponca City YMCA voted Thursday to approve a report on the facility’s financials through July 15.

Total income for the month ending July 15 was $145,724.87, with expenses totaling $162,937.88, leaving a negative net income of $17,213.01 for the month.

Compared to July 2014, net income was down 6 percent, or $974.70.

For the period of January through July 15, 2015, total income was $1,041,772,44.

Expenses for the same period totaled $995,166.8, leaving a net income of $46,605.57 for those months.

For the same period in 2014, total income was $1,091,546.46 and expenses were $983,907.07, leaving a net income of $107.639.39. The 2015 net income is 56.7 percent less than in 2014.

Executive Director Shane Harland said membership income was down 5 percent from last year and utility usage was up and included a 2 percent rate increase which went into effect July 1.

In total, he said, income is down $50,000 for the year to date, and expenses are up $11,000.

Harland advised the board of several measures staff has taken to reduce costs and said the figures do not include a 5 percent payment the YMCA is required to put in a capital account. He said that payment has not been made for April, May, June or July.

The board also discussed several issues related to facility rentals, but took no action on that agenda item.

The board received updates from staff members, including an update on the “Everyone In the Pool” program to teach second graders to swim. This year students from Lincoln will be the first group, followed by Liberty, Roosevelt and Garfield in the spring semester. Classes will be held from 12:30 to 1 p.m. Tuesday through Friday.

A YMCA membership drive is underway through Sept. 6. During this period, the Y will waive the joining fee.

Registrations are now open for fall leagues, including girls’ volleyball.


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