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AD Dan Radakovich presented at the Thrillerdome 2.0 event on Tuesday, Feb. 15.
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THRILLERDOME 2.0
Replacement Basketball Facility - $45M (est)
Indoor Football Practice Facility - $9M (est)
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Lead gift provided by:The McCamish family
Lead gift provided by:John & Mary Brock
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GTAA Facility Initiatives
New Tennis Complex$9.5M (est)
Golf Complex$4.0M (est)
GTAA Facility Initiatives
Lead gift provided by:Ken & Trish Byers
No lead gift to date
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4Lead gift provided by:
The McCamish family
Design Proposals
BASKETBALL Replacement Facility
Basketball - WHY NOW?
$15 Million Gift
Debt CostsHistorically Low
• Designated solely to new basketball facility
A Convergenceof Factors
• “Get more for your money”
• Refinancing opportunity w/ existing debt
CompetitiveConstruction
Costs5
Proposed New Basketball Facility
[NOTE: Current dollars; some components may be difficult to achieve without full scale replacement]
(Existing AMC Facility)
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Basketball - WHY NOW?
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GTAA: Financial Overview
FY 10 FY 11 FY 12 FY 13 FY 14 FY 15REVENUES ACTUAL FORECAST FORECAST FORECAST FORECAST FORECASTACC Distribution $12,261,000 $10,475,000 $13,866,000 $14,297,000 $14,767,000 $15,242,000Ticket Sales 12,977,000 10,337,000 13,926,000 10,919,000 14,286,000 12,816,000Other Revenue 30,101,000 31,361,000 29,000,000 30,611,000 32,115,000 31,971,000TOTAL REVENUES $55,339,000 $52,173,000 $56,792,000 $55,827,000 $61,168,000 $60,029,000EXPENSESPersonnel 19,067,000 19,716,000 19,919,000 19,825,000 20,345,000 20,879,000Tuition & Fees 7,670,000 7,636,000 8,380,000 9,116,000 9,534,000 9,974,000Total Debt Service 8,217,000 7,921,000 7,100,000 6,322,000 7,500,000 7,718,000Other Expenses 20,245,000 17,350,000 21,472,000 21,037,000 21,869,000 22,155,000TOTAL EXPENSES $55,199,000 $52,623,000 $56,871,000 $56,300,000 $59,248,000 $60,726,000
NET INCOME $140,000 ($450,000) ($79,000) ($473,000) $1,920,000 ($697,000)Debt Service Expenses funded from Operating Revenues VS Total Revenues
14.8% 15.2% 12.5% 11.3% 12.3% 12.9%
GTAA- FORECASTED CASH BASED INCOME STATEMENT (OPERATIONAL $ ONLY)
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William Alexander Courtyard
Current Parking Lot
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Design Proposals
BASKETBALL Replacement Facility
Design Proposals
BASKETBALL Replacement Facility
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Design Proposals
BASKETBALL Replacement Facility
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Design Proposals
BASKETBALL Replacement Facility
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Design Proposals
BASKETBALL Replacement Facility
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Design Proposals
BASKETBALL Replacement FacilityWilliam Alexander Courtyard
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THRILLERDOME 2.0
