Wednesday, January 27, 2016

Lake Worth Golf Course

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For those who are paranoid about guns and flames--
this is especially for you!
How this cat feels when anyone suggests that our golf course should be used for anything other than golf or even suggesting that it has to be this hot revenue potato.

After speaking with Juan Ruiz, Leisure Services manager, he says: "The course made a little profit last year, but we’re still waiting for the complete close out of the year.  Yes, all 18 greens were replaced three years ago, yet the course still suffers from significant infrastructure issues.  We lost roughly $70K in booked tee times that were cancelled cause of rain and course closures due to poor drainage last year or inclement weather."


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10 comments:

  1. I'm not paranoid about guns or flames, just cats. They're all over my neighborhood.

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  2. Is this a set up for HH to take the golf course and build condos on it?

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  3. No. I just don't like to think a candidate believes that our golf course is something to screw around with.

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  4. Wait...that can't be right. The campaigning Trio
    said they wrote a word salad (words on paper) that
    they claim HAS Lowered our electric (utility) rates.

    How can that be? The Golf Fund clearly states:
    "INCREASE in Expenses RELATED to INCREASE in UTILITIES"!

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  5. If that golf course made money I'll eat Juan's underwear.

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  6. Did you click on the link to the chart?
    Let me know the place and time and I will provide the silverware.

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  7. Well electric rates went down but water rates went up so for golf course that likely means increase in overall utility expenses since they use a lot of water.

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  8. I have played the LW golf course a few times and their is not one time I have felt it was a great experience as it is never in good shape. Yes the view is beautiful but the course for what you pay compared to surrounding courses is not worth it.

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  9. Yes, I clicked on the link, thank you for asking. The 2014 actuals in your "projection" are incorrect. I would direct your attention to page 80 of the 2014 audited financials, Golf Fund.
    On that page you will see a line called "Excess (deficiency) of revenues over expenditures". To the right of that line, and under the "Actual" column is a number presented like this: (133,759). That means the golf course loss for 2014
    = $133,759.
    The line called "Total other funding sources (uses)" shows that $284,777 came from another funding source to help cover the loss.
    Go to page 42 Note 6 C. Interfund Transfers you will see $287,124 transferred from the General Fund to Non-Major Governmental Funds. Most of that is to the Golf Fund, which is a Special Revenue (Non-Major Governmental) Fund.
    If I were you, I would throw out that obsolete projection you have linked to. If you look at the 2016 budget, you will see that the Golf Fund is projected to have a whopping $8,800 profit when the 2015 audit is complete. Don't hurt yourself running to the silverware drawer just yet!

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  10. Thanks for all your info. The graph was given to me by the Leisure Services Director. Sounds like you are against our golf course? That's a pity.

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