Stadium rental revenues continue to decline

The amount of revenue generated by renting Islander Stadium out to sports programs has decreased in the past two years after reaching a high in 2006. According to the city’s Parks and Recreation department, which schedules the stadium for non-school uses, only $28,722 has been raised so far in 2008. That is about half of what was raised last year and 39 percent of what was generated in 2006. The amount raised two years ago was $73,634, which was slightly more than the amount from 2005.

The amount of revenue generated by renting Islander Stadium out to sports programs has decreased in the past two years after reaching a high in 2006. According to the city’s Parks and Recreation department, which schedules the stadium for non-school uses, only $28,722 has been raised so far in 2008. That is about half of what was raised last year and 39 percent of what was generated in 2006. The amount raised two years ago was $73,634, which was slightly more than the amount from 2005.

The costs include lighting, custodial, ticket booth and press box fees. In field fees alone, the district has earned $13,730 from 488 hours of rental hours in 2008. One reason for the decrease in rental fee revenues is that the high school has doubled the hours that it uses Islander Stadium from 2006 to 2007 levels. The school’s usage to date is also twice that of all of the hours it used in 2006. Last year, the district made $19,697 from 704 rental hours. The most rental hours used at Islander Stadium was in 2005, when the stadium was rented for 947 hours and generated a total of $36,165 in field fees.