Answer to question 1 from Chuck

Posted by Bill Shurtleff
October 28, 2005

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The plan for the city golf courses is as follows:
When I got on the Council the golf courses’ accounting was mixed in with all the various activities of the recreation dept. It was very difficult to see what their financial situation was. Some years it looked as if they were making money and losing money on others. Items were not being reported accurately. So, we moved the golf courses into what we call an enterprise fund-financially accounted for separately. Since doing this they have reflected a profit each year. We are presently building a reserve which would handle a bad year because of weather or other unforeseen problem. When that reserve is sufficient to handle any projected losses, we can lower fees or do other things that the golf advisory board might suggest. This reserve is for the golfers’ and should stay with the golfers.

Politics

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