99-118 - 12-21 - Adopt 2000 Budget Brookview Gold Fund Resolution 99-118 December 21, 1999
Member Johnson introduced the following resolution and moved its adoption :
RESOLUTION ADOPTING THE 2000 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 2000 shall
be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
0779 Debt/Lease Payments $ 0
0780 Golf Operations 742,095
0781 Course Maintenance 768,115
0782 Pro Shop 123,695
0783 Grill 166,995
0784 Driving Range 231,350
0785 Par 3 35,490
TOTAL 2000 BUDGET $2,067,740
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 $1,004,250
Driving Range 150,000
Par 3 233,915
Handicap 11,000
Patron Cards 55,200
Golf Lessons 31,650
Pro Shop Sales 76,700
Pro Shop Rentals 207,300
Concession Sales 208,000
Other 40,000
Less: Sales Tax & Credit Card Charges (107,000)
Retained Earnings 156,725
TOTAL 2000 BUDGET $2,067,740
Resolution 99-118 - Continued December 21, 1999
Mary E.`lnderson, Mayor
ATTEST:
Shirley J. 1 l 'on, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member LeSuer
and upon a vote being taken thereon, the following voted in favor thereof: Anderson,
Bakken, Johnson, LeSuer and Micks; 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 City Clerk.