Fort Walton Beach Council agenda — 03-28-06 Workshop — reading text

for the demand in the snowbird months. It is my understanding, management. Specifically, in this case the pricing is way round, bringing the out of town rate sets the prices. I suggest an immediate increase of $6.70 per Jim Frazier, that the City Council way, rent condos in Destin, who, the so than any local alternative for these players ( most of by up to $ 30. 00. This is still cheaper nice test period to this immediately, you will have a they are very marginal contributors to the FWB community). you implement If available. If, on the other hand see what happens to overall revenues. I predict they will go up, and that tee times become more increase the price to $ 35 during the snowbird revenues go up, but the courses are still fully booked, then next year you need to season. until this be told the course is losing money, and the prices will increase Obviously snowbirds will whine. They should simply do in THe FWB Golf course equivalent of 3 times the rent in July that they January. stops. Sandestin, and other resorts charge 2- July is snowbird season. Price it accordingly. and I can count on him to ensure things will get I have copied Jim Tucker as he is the only council member I know personally, discussed/ considered. I appreciate you noting my suggestion. Peter Bower 2/ 23/ 2006  I l City 01 Fort.Walton Beach 1Iro"" . Ill'" M llii' i I I i GoD Club Operations I I I I I Rate Study I, I GoD Advisory Committee February 7, %006 I  CITY OF FORT WALTON BEACH GOLF CLUB OPERATIONS RATE STUDY Table of Contents PAGE T~ E nB 3 1 Introduction 4 FWB Current F~ e Schedule 6 Rate Comparison - Member Play ( 52 rounds) 7 Rate Comparison - Member Play 8 Rate Comparison - Non- Member Play 10 2 5- Year Membership History 11 7- Year Total Rounds Summary 12 7- Year Total Rounds Detail 13 7- Year Paid Rounds by Type and Player 14 7- Year Paid Rounds by Course 15 iiIiIt 7- Year Cart Rentals by Type and Player 16 7- Year Membership Fee Revenues 17 7- Year Green Fee Revenues 18 7- Year Cart Rental Fee Reveneus 20 3 Personnel Data - Organizational Chart 21 Personnel Data - Position Listing 22 Budget Data - Revenues 23 Budget Data - Expenditures 28 and Capital Improvements Computers, Vehicles, Equipment, 30 Annual Debt Service 31 Current Lease Information 33 4 Audit Data - Statement of Net Assets 35 Audit Data _ Statement of Revenues, Expenses, & Changes in Net Assets 37 5 Rate Scenario Comparison 0% City Resident Discount Scenarios A, B, C, D -- Eliminate Members, Eliminate Members, 15% City Resident Discount Scenarios A- 1, B- 1, C- 1. D- 1 - fee only) Members, 15% City Resident Discount ( green Scenarios A- 2. B- 2. C- 2. D- 2 _ Eliminate Annual Fee $ 800 single & $ 500 spouse/ dependent Scenarios E, E- 1 _ One Membership Category, Annual Fee $ single & $ 500 300 spouse/ dependent Scenarios F. F- 1 __ One Membership Category, Annual Fee $ 800 Scenarios G. G- 1 - One Membership Category, Fee $ 500 Scenarios H, H- 1 - One Membership Category, Annual 1-  TAB 1 idt Introduction FWB Current Fee Schedule Member Play ( 52 rounds) Rate Comparison - Rate Comparison - Member Play Rate Comparison - Non- Member Play riM 2-  Introduction Operations & Course Conditions in Club Administrator and his staff with a proclamation On March 22, 2004 City Council presented the Golf course conditions and increase play. Players have recognition of their hard work at the golf club improve to also complimented staff on the remarkable turnaround. rounds less than last year - despite staffs hard work FY 2004- 05 paid rounds total 86, 085 - 8. 23% or 7, 722 new tournaments. Hurricane Ivan damaged bulkheads to maintain top- notch course conditions and recruit efforts, but caused additional and cart paths. The record- setting spring rainfall not only hampered repair damage to bulkheads. Financial Condition review, Council adopted a multi- year rate plan As a result of a comprehensive operations and fee schedule rate increases were effective June 1, 2005. in March 2004 with annual rate increases. The second year for the year ending September 30. 2005 compared Golf operations experienced a net loss of <$260, 089> d40 to <$ 298, 778> the previous year. is budgeted at $ 26. 09 in FY 2005- 06 based The cost of producing one round of golf, exclusive of capital, the cost increases to $ 27.44 per round. on 95, 000 rounds. When capital is included, Eauipment & Capital Improvements levels of play. Course conditions are dependent on Excellent course conditions are key in achieving high bulkheads, cart paths, irrigation), storage buildings, several factors including equipment,