April 3,2017
the staff of the Ridgewood blog
Ridgewood NJ, A reader recent stated during a discussion , “The Village actually makes money on Graydon. This was confirmed several times by the Mayor and Village Manager during recent Village Council meetings. In a nutshell, revenues from the pool exceed expenses by a significant amount and have done so for many years in a row”
According to Deputy Mayor Mike Sedon,” In looking at this year’s Village budget– tab 10– Department of Parks and Recreation 2017 budget under Graydon Pool the total expense listed in the actual 2016 budget was $273,895.87. This included temporary and seasonal salaries and wages– $186,798, and $87,097.87 in other expenses such as postage for flyers, printing costs, maintenance, supplies chemicals and several other items needed to run the facility. These were last year’s total expenses as listed in this year’s municipal budget.
In 2016 Graydon Pool brought in $336,177. The revenue breaks down as follows:
Ridgewood resident adult– $78,960
Ridgewood resident child– $118,140
Senior/disabled– $11,040 (the annual badge is sold for $30 to these patrons)
Nonresident adult– $29,680
Nonresident child– $11,025
POS– $87,332 (includes daily guest passes and outside camps)
So with revenues totaling $336,117 minus total expenses of 273,895.87 there was a positive difference of $62,281.13 in 2016. This make Graydon cash flow positive and in essence Graydon Pool is actually subsidizing other parts of Ridgewood’s budget.
