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SUBJECT: BUDGET RETREAT <br />DATE: JULY 12, 2018 <br />• <br />PAGE 17 OF 17 <br />Golf Course Fund <br />Project EIM <br />2019 2020 lir 2021 2022 2023 2024 6-Year <br />Planned Planned Planned Planned Planned Planned Totals <br />Coal Creek Center for Gclf Excellence <br />Irrigation Computer Replacment <br />Cart Path Repairs <br />Golf Maintenance Facility t provements <br />Equipment Replacement <br />Total Golf Course Fund <br />155,050 <br />10,860 - <br />155,050 <br />10,860 <br />18,410 - - - - 18,410 <br />120..000 - 117,000 - - 245,000 <br />117560 117.360 117.360 117,360 469,440 <br />10.860 301.460 117r360 234.360 117.360 117,360 898,760 <br />Golf Course Fund <br />7.000 IXIO <br />5,600,000 <br />5,600,006 <br />4,000,oao <br />3,Oa0.a00 <br />2,aa0Aa0 <br />LIMA.1 10 <br />w y _ r r - - # T <br />2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 <br />(1,000.600) <br />(2,11,00,0a0) <br />• Revenue • Expenditures * Via' king Capktal <br />z01 <br />Note that the 2019-2024 Capital Improvements Plan for the Golf Course includes an <br />Equipment Replacement project. This project contains estimated lease payments for <br />replacing maintenance equipment. As can be seen in the forecasts, the Golf Course <br />Fund is not anticipated to be able to support its operations and the 2019-2024 Capital <br />Improvements Plan as presented. The Finance Committee and staff are continuing to <br />work on a long-term financial plan for the Golf Course Fund. <br />CITY COUNCIL COMMUNICATION <br />18 <br />