Fiscal Year 2019 Budget

196

Budget Impact:

The budget for the golf course remains pretty stable. Rates for the course in Fiscal Year 2019 will remain unchanged. Maintenance and operation of the course does not fluctuate greatly from year to year. New mowing equipment was purchased in Fiscal Year 2017, therefore reducing the amount of capital expenditures in the coming years. Through prudent management by the course staff, the Golf Fund has been able to achieve the city's goal of having a fund balance that includes 25% of expenditures in reserve.

Future Concerns:

Several concerns will face the course in the coming years. Golf participation nation wide is in decline, therefore the potential for budget deficits is a possibility. Currently, the course is able to meet annual operating expenditures, but has little room to place cash aside for future capital needs. In the past the City Council has authorized Hotel/Motel receipts to be utilized for capital purchases. The other concern can be mother nature herself. Weather can affect the opening or closing date of the course, which in turn can affect revenue. A wet and cold spring will delay the opening of the course, whereas an early winter will hasten the course's closure.

Employees

Percent of Proprietary Expenditures (net transfers)

16

16

16

16

1

1

1

1

Actual 15/16 Actual 16/17 Budget 17/18 Budget 18/19

Golf Course 8%

Number of Employees (FTEs)

Part Time Employees