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TOPIC: how many have a "capital reserve" account?

how many have a "capital reserve" account? 23 Mar 2008 18:51 #17997

  • Mike
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How much do you save for the future? Seats, concession, d-cinema, roof, etc?

Michael Hurley
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Michael Hurley
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Re: how many have a "capital reserve" account? 23 Mar 2008 21:57 #17998

  • slapintheface
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We just are finishing a major renovation that will include a working curtain in our main auditorium.
But had not thought about a long term savings plan.
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Re: how many have a "capital reserve" account? 24 Mar 2008 01:30 #17999

Seats - check
Roof - check
New HVAC - check
Total refurbish - check
Exterior paint and siding - check
D-cinema - take a long time to save that much!
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Re: how many have a "capital reserve" account? 24 Mar 2008 10:13 #18000

  • thebigK
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We have capital improvement accounts for each of our theatres. We try to put a percentage of revenues in from each theatre each week. In the past we have used this money to fund everything from total remodels to new seats, or fixing a leaky roof.
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