BENCHMArK ANALYSIS » 87 OPERATING EXPENSE The table below details each agency’s total FY2023 operating expenses, operating expenses in terms of their system acreage and total operating expenses in terms of staffing. Coppell ranks fourth among peer agencies for total operating expenses ($13M), second in expense per acre ($19,403), and second in expense per FTE ($100,778). Coppell, as well as all other agencies analyzed, is close to or above the NrPA Median of $8,106 expense per acre and along with Grapevine, it also exceeds the NrPA median of $99,944 per FTE. Lastly, Coppell had a 21% cost recovery (the amount of operating expenses recovered by earned revenue), which was in the lower half of agencies in this analysis. It is important to note these results are based on and only as good as the data provided by the benchmark agencies. Agency Total Acres Total FTEs Total Operating Expenses (FY23) Total Fees, Charges, and Earned revenue (FY23) Operating Expense per Acre Operating Expense per FTE Cost recovery North richland Hills Parks and recreation 848 147 $ 13,777,781 $ 16,557,608 $ 16,247 $ 93,726 120% Hoffman Estates Park district 934 163 $ 14,687,112 $ 10,736,173 $ 15,725 $ 90,039 73% Grapevine Parks and recreation 1,740 61 $ 16,489,874 $ 9,177,916 $ 9,475 $ 270,326 56% Kettering Parks and recreation 416 144 $ 11,272,300 $ 3,393,000 $ 27,097 $ 78,280 30% Coppell Community Experiences 670 129 $ 13,000,356 $ 2,753,471 $ 19,403 $ 100,778 21% Keller Parks and recreation 479 133 $ 6,944,715 $ 588,078 $ 14,512 $ 52,346 8% NrPA Median for agencies serving 20,000 to 49,999 residents: $8,106 per acre, $99,944 per FTE, $3.25 million in annual operating expenses. Additionally, the table below reveals the last three years of capital expenditures from FY2021, FY2022, and FY2023. These figures were utilized to show the average annual capital investment for each agency. In this analysis, the top performing benchmark agencies are investing significant dollars into Capital Improvement Program (CIP) efforts each year, with all except Coppell having average annual capital expenditures of over $1 million in the past fiscal year. Coppell itself is averaging $1,159,311 annually in CIP expenses, with an increase in capital spending from FY22 to FY23 of $1.3 million. Coppell averages $27.59 for annual capital expenditure per resident. Agency FY21 Capital Budget FY22 Capital Budget FY23 Capital Budget Avg. Annual Capital Budget Expenditures Avg. Annual Capital Expenditures per resident North richland Hills Parks and recreation $ 7,965,155 $ 8,135,605 $ 7,816,181 $ 7,972,314 $ 112.82 Keller Parks and recreation $ 4,624,924 $ 4,523,607 $ 3,967,691 $ 4,372,074 $ 92.09 Hoffman Estates Park district $ 2,093,152 $ 1,114,846 $ 2,040,037 $ 1,749,345 $ 33.81 Coppell Community Experiences $ 1,659,101 $ 257,679 $ 1,561,153 $ 1,159,311 $ 27.59 Kettering Parks and recreation $ 1,731,000 $ 563,000 $ 1,340,000 $ 1,211,333 $ 20.93 Grapevine Parks and recreation $ 690,000 $ 1,162,000 $ 1,162,000 $ 1,004,667 $ 19.11
