FY 2020 Budget

2019 - 2020 Annual Budget

Golf Course Proprietary

Division: Function:

Description of Services:

The Spencer Municipal Golf Course is an approximately 150 acre, 18-hole golf course owned by the City of Spencer. The course was purchased by the City in 1976 as a nine-hole course. In 1999, the course underwent a transformation and expansion into the 18-hole course that exists today. The course offers league play as well as numerous tournaments each year as well as plenty of open tee times through the week. The golf course operations are overseen by the Director of Golf Operations and seasonal staff members.. Policies are set by the Spencer Municipal Golf Course Board of Trustees. A new clubhouse that offers limited quick service food menu and full bar was completed in 2009. Practice facilities as well as cart rentals are available. The course receives no tax dollars to supplement its operations.

Budget:

Actual

Actual

Original Budget

Revised Budget

Budget

Expenditures by Category

FY 16-17

FY 17-18

FY 18-19

FY 18-19

FY 19-20

Personnel Maint, Supplies, Services Capital Outlay Debt Service Transfers

$

212,023 156,082 90,285

$

205,345 144,387

$

212,800 165,020

$

212,800 181,514

$

215,569 163,488

4,256

- -

6,450

- -

-

-

-

22,130 480,520

32,840 386,828

26,013 403,833

26,013 426,777

25,948 405,005

Totals

$

$

$

$

$

$

404,882

$

378,519

$

406,900

$

406,900

$

424,450

Dedicated Revenues

Expenditures by Category and Dedicated Revenue

$600,000

$500,000

Debt Service Transfers Capital Outlay Maint, Supplies, Services Personnel Dedicated Revenues

$400,000

$300,000

$200,000

$100,000

$-

Actual FY 16-17

Actual FY 17-18

Budget FY 18-19

Budget FY 19-20

202