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CITY OF REDWOOD CITY, CALIFORNIA <br />Cost of Services (User Fee) Study <br />Matrix Consulting Group Page 21 <br />Category Annual <br />Volume <br />Revenue at <br />Current Fee <br />Revenue at <br />Total Cost <br />Annual Surplus <br />/ (Deficit) <br />Redwood Shores Library <br />Community Room <br />Resident 53 $4,008 $4,770 $(762) <br />Non-Profit 615 $- $54,858 $(54,858) <br />Meeting Room A <br />Resident 80 $3,976 $2,843 $1,133 <br />Non-Profit 914 $- $32,695 $(32,695) <br />Meeting Room B <br />Resident 31 $1,568 $1,932 $(364) <br />Non-Profit 361 $- $22,219 $(22,219) <br />Meeting Room D <br />Resident 33 $977 $1,225 $(248) <br />Non-Profit 374 $- $14,083 $(14,083) <br />TOTAL $33,457 $243,028 $(209,571) <br /> <br />As the table above shows, Library Services is under-recovering its costs annually <br />by $210,000. The primary source of this deficit is the rental associated with Room <br />Rentals as the Library currently has a policy that all non-profit room rentals are free of <br />charge. It is recommended that where possible, the Library increase its rental rates to <br />recover its costs associated with operating those facilities. As the Library works towards <br />changing its rental rates it is important for the Department to formalize its rental rate <br />policies as well as bring those policies in alignment with other Citywide policies related <br />to room rentals, especially as it relates to Non-Profit organizations. <br /> <br /> <br /> <br />7.A. - Page 33