2-01 Aquatic Center Usage Data - Revenue.pdf

This is an Aquatic Center Usage Data - Revenue document for the City of Palm Bay, Florida, detailing financial performance of the Palm Bay Aquatic Center (PBAC) across four fiscal years from FY 2022-23 through FY 2025-26. The revenue data is categorized across six primary revenue streams: Special Events Rentals, Seasonal Passes, Swim Lessons, Swim Team Visits, and general facility usage. The City of Palm Bay is seeking innovative operational models and partnerships to maintain and enhance aquatic recreation opportunities for residents and visitors while minimizing financial impact to the municipality through a Request for Solutions process.

The revenue data demonstrates fluctuating financial performance across the four-year period, with total annual revenues ranging from $64,254.80 in FY 2024-25 to $105,075.30 in FY 2023-24, and an average annual revenue of $86,267. The largest consistent revenue source is facility visits at an average of $53,641 annually, followed by Swim Team Visits averaging $12,014 annually. Special Events Rentals showed significant growth from $675 in FY 2022-23 to $15,013 in FY 2025-26. Seasonal Passes and Swim Lessons represent secondary revenue streams with averages of $8,742 and $4,148 respectively. The declining revenue trend from FY 2023-24 to FY 2024-25 suggests operational challenges that the requested solutions should address to ensure sustainable facility operations.