03-61 - 12-16 - Adopt Budget for Brookview Golf Resolution 03-61 December 16, 2003
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2004 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 2004 shall
be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7151 Golf Operations $708,105
7152 Course Maintenance 836,330
7153 Pro Shop 123,550
7154 Grill 189,980
7155 Driving Range 76,100
7156 Par 3 40,030
TOTAL 2004 BUDGET $1,974,095
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 $1,112,300
Driving Range 120,000
Par 3 209,725
Handicap 9,200
Patron Cards 51,300
Golf Lessons 30,625
Pro Shop Sales 80,000
Pro Shop Rentals 231,000
Concession Sales 229,000
Other 10,000
Interest Earnings 10,000
Less: Sales Tax & Credit Card Charges (155,0001
Retained Earnings 35,945
TOTAL 2004 BUDGET $1,974.095
Resolution 03-61 - Continued December 16, 2003
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylor, gjtKlerk
The motion for the adoption of the foregoing resolution was seconded by Member Grayson
upon a vote being taken thereon, the following voted in favor thereof: Grayson, Johnson,
LeSuer, Loomis and Tremere; 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.