98-107 - 12-15 Adopt 1999 Budget Brookview Golf FundResolution 98-107 December 15, 1998
Member introduced the following resolution and moved its adoption :
RESOLUTION ADOPTING THE 1999 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 1999 shall
be as follows:
PROGRAM
$942,350
Driving Range
NUMBER
DESCRIPTION
AMOUNT
0779
Debt/Lease Payments
$ 0
0780
Golf Operations
622,160
0781
Course Maintenance
713,215
0782
Pro Shop
114,990
0783
Grill
161,885
0784
Driving Range
440,785
0785
Par 3
35,065
TOTAL 1999 BUDGET
$2,088,100
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
$942,350
Driving Range
175,000
Par 3
245,850
Handicap
9,500
Patron Cards
51,050
Golf Lessons
37,175
Pro Shop Sales
75,000
Pro Shop Rentals
187,500
Concession Sales
202,000
Other
40,000
Less: Sales Tax & Credit Card Charges
(105,000)
Retained Earnings
227,675
TOTAL 1999 BUDGET $2,088,100
Resolution 98-107 - Continued
ATTEST:
Shirley J. Nelson, City Clerk
December 15, 1998
Mary E. Anderson, Mayor
The motion for the adoption of the foregoing resolution was seconded by Member
and upon a vote being taken thereon, the following voted in favor thereof:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and her signature attested by the City Clerk.