Quote:
Originally Posted by Bill14564
If you're curious enough, you can find the answer.
Districtgov.org -> Departments -> Budget -> SLCDD -> FY23-24 Adopted Budget -> SLAD -> Expenditures:
311 Golf..: $3.2M
TOTAL: $94M
Golf expenditures are approx 1/30 of the amenities budget.
A Dec 18 letter from the Developer, presented at the Jan 8 meeting of the PWAC, sets the Contractual Amenity Fee for new sales at $195.
1/30 of $195 is $6.50. This simple, back-of-the-envelope calculation would say that removing golf would reduce Amenity Fee payments by less than $80/year.
|
That's interesting. 3.2M for 44 exec courses = about 72K/year/course for maintenance. According to the USGA, the average cost of maintaining and full 18 hole course is 800K/year. Our execs are about 1/4 as long but have 1/2 the greens of an 18 hole course, so one would expect it to cost slightly north of 200K/year for each exec. Is there another source that contributes to the maintenance of these courses, such as the CDD they are within, or is this 1/3 of the expected expenditure the reason for the condition of most execs?