89-071 - 12-05 Adopt 1990 Budget of the Brookview Golf FundResolution 89-71
December 5, 1989
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1990 BUDGET OF THE BROOKVIEW GOLF FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota,
that the appropriations for the Brookview Golf Fund Programs for the calendar
year 1990 shall be as follows:
BROOKVIEW FUND
Program
Number Description Amount
779
Revenue Bonds
$ 48,115
780
Golf Operations
393,685
781
Course Maintenance
469,555
782
Pro Shop
58,600
783
Grill
110,450
784
Driving Range
40,525
Total 1990 Budget $1,120,930
BE IT FURTHER RESOLVED by the City Council that the sources of financing
the sums appropriated shall be:
Description
Amount
Fees and Lessons:
Golf Course
$ 586,175
Driving Range
67,500
Par 3
155,000
Handicap
4,500
Patron Cards
43,000
Golf Lessons
7,550
Pro Shop Sales
37,125
Pro Shop Rentals
111,420
Concession Sales
126,000
Other
35,150
Less: Sales Tax
<69,000>
Retained Earnings
16,510
Total 1990 Budget
$1,120,930
Resolution 89-71 - Continued
ATTEST:
, ueputy pity Gle
December 5, 1989
Mary rderson, Mayor
The motion for the adoption of the foregoing resolution was seconded by Member
Thompson and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Bakken, Johnson, Stockman and Thompson; and the following
voted against the same: none, whereupon said resolution was declared duly
passed and adopted, signed by the Mayor and her signature attested by the Deputy
City Clerk.