SAMPLE BUDGET 2005
Operation Costs
Fuel 21 miles/day x 100 days = 2,100 miles @
4 gals per mile @ $1.60 per gallon =						$13,500
Lubricants, antifreeze, etc						$5,000
Track/Bridge maintenance						$25,000
Passenger car maintenance						$20,000
Locomotive maintenance						$35,000
Miscellaneous tools and supplies						$5,000
Retail Store Stock						$45,000
Janitorial Services						$8,000
Ground Maintenance						$5,000
Insurance						$105,000
Equipment rental						$10,000
Building Maintenance						$15,000
Utilities						$40,000
Computer/IT						$12,000
Travel						$3,000
Office Supplies and Telephone						$15,000
TOTAL							$361,500
Personnel Costs
Full year
Director of Interpretation Georgetown
Loop Historic Mining and Railroad Park						$40,000
Director of Operations						$60,000
Assistant to Director						$40,000
Track and Shop Supervisor						$50,000
2 Mechanics						$85,000
Marketing and Sales						$50,000
Total						$325,000
Eight-month Seasonal
		Hours	Average rate
Track and rail crew		5120 hrs @	$8.78			$44,954
Engineers		6400 hrs @	$10.15			$64,960
Total						$109,914
Five-month Seasonal
		Hours	Average rate
Ticket sales		4900 hrs @	$7.12			$34,888
Conductors		4900 hrs @	$9.38			$45,962
Mine staff		5200 hrs @	$9.69			$50,388
Track and rail crew		2400 hrs @	$8.78			$21,072
Store sales associate		5200 hrs @	$6.92			$35,984
Total						$188,294
Total personnel costs						$623,208
Benefits @15%						$   93,481
Total							$716,689
Rolling Stock
Debt Service/use fees/leases-Annual payment						$100,000
Total							$100,000
Operator's Management Fee
5% Management Fee (on gross revenue)						$79,037
Marketing and Public Relations Fee						$100,000
3% reservations/ticketing						$44,745
Total							$223,782
Community Impact Fee
Parking and shuttle system investment							$47,421
Society Property Use Fee
Annual Property Payment							$75,000
Endowment Investment							$100,000
Total							$1,624,392
ESTIMATED GEORGETOWN LOOP HISTORIC MINING AND RAILROAD
PARK INCOME 2005
Assuming the following:
ADULT TICKET*		$16.50	75,000	$1,237,500
CHILD TICKET*		$11.25	30,000	$337,500
*Based on 2004 published rates
TOTAL				$1,575,000
INCOME MINE TOURS
Mine Tour Tickets		$7.00	17,000	$119,000
Gift Shop
Projected revenue at .85 per visitor = $89,250
Total Revenue Projected			$1,783,250
Impact fee 3%			$47,421
Minus Operational Costs			($1,624,392)
Total Net Revenue			$206,279	(AVAILABLE FOR PROFIT SHARING)