What is a fair cost recovery policy for Parks & Recreation programs?
Question by dbarnetth: What is a fair cost recovery policy for Parks & Recreation programs?
The City of Bullhead City, in Arizona (pop: 40,000) is trying to develop a cost recovery policy for our Parks & Recreation programs. Example: Senior programs recover 40% of the cost (60% subsidized), youth programs recover 25% (75% subsidy), Adult programs recover 75% (25% subsidy).
I’d be interested in hearing how it may work based on different user groups or different programs (parks, rec center, aquatics, etc.).
Thank you!
In response to Allen’s request I’ll try to do a better job of explaining.
For example, if our cost to run a softball tournament is $ 4000 after trophies, lights, field prep, umpires, etc. and our revenues are $ 3000 from team fees, our cost recovery is 75%. Our goal would be to follow that guideline of recovering 75% of our expenses for every adult program.
So my question is as follows: Do any other municipalities have such a policy for cost recovery, and if so, what is it?
I hope that helps.
Best answer:
Answer by allen w
I am not sure what your saying here could you explain it better. where are you recovering cost????
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