Title
Receive the Rifle Range General Fund Year-End Financial Report for Fiscal Year (FY) 2024-25 and the Budget Comparison for FY 2025-26.
Report
RECOMMENDATION:
It is recommended that the Parks Commission receive the Rifle Range General Fund Year-End Financial Report for Fiscal Year (FY) 2024-25 and the Budget Comparison for FY 2025-26.
SUMMARY:
Laguna Seca Rifle Range and Laguna Seca Raceway are located at the LSRA Facilities grounds but operated separately, with the Raceway managed by Friends of Laguna Seca and the Rifle Range managed by the County. In FY 2024-25, the Rifle Range exceeded revenue expectations and kept expenditures under budget, resulting in a significantly smaller net loss despite operational challenges.
For FY 2025-26, revenues are projected to grow substantially while expenditures are expected to increase modestly, with careful spending planned to control overall costs and reduce the net loss.
DISCUSSION:
In FY 2024-25, total revenues collected by the Rifle Range amounted to $120,901, exceeding the adopted budget by $17,294. Of the total revenues, $118,221 is from the Rifle normal operations, while the rest is from miscellaneous revenue for the sale of recyclable brass scrap from bullet casings.
Total expenditures for the year were $251,650, coming in $8,241 under budget. Salaries and benefits of $188,273 covered two full-time employees - the Range Aide and the Range Master - whose actual costs slightly exceeded budget due to base wage adjustments and a labor union agreement during the fiscal year.
Services and supplies, which accounted for $41,387 of the expenditures, came in $12,089 under budget. Due to an anticipated funding shortfall, some budgeted expenses were deferred or deemed non-priority.
Overall, the Rifle Range concluded FY 2024-25 with a net loss of $130,749-an outcome that reflects higher-than-expected revenue and controlled spending, which together saved the County’s General Fund $25,535 compared to the anticipat...
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