Opinion: Setting Rates and Fees for the Golf Courses
by Clifford F. Dobler For the seven years from 2016 to 2022, the two Golf Courses had combined operating losses on average of $572,525 each year which was covered by profits from Diamond Peak. In addition $1,046,118 each year on average was spent on capital improvements and were covered by a portion of the Facility Fees assessed annually to all property owners. (Source: annual CAFRs)[1] The Board of Trustees realized that a review of the pricing policies should be established and Moss Adams, a regional CPA firm, on March 4, 2021, was issued a contract to determine the best method … Continue reading →