Loading...
HomeMy WebLinkAbout06/02/1998, 1E - GOLF COURSE FUND RATE REVIEW council M.V°°�(0-z-1 8 j ac cn as Repout �N� CITY OF SAN LUIS OBISPO FROM: lJ`Paul LeSage, Director of Parks and Recreation SUBJECT: GOLF COURSE FUND RATE REVIEW CAO RECOMMENDATION Adopt a resolution with the following fees for Laguna Lake Golf Course effective July 1, 1998: Senior/Youth Weekdays $5.25 General Weekdays $7.25 Weekends $8.00 Senior/Youth Weekend $6.00 10-Play Cards: Senior/Youth $47.50 for 10 Rounds of Golf 10-Play Cards: General $57.50 for 10 Rounds of Golf DISCUSSION Background: Laguna Lake Golf Course (LLGC) is the only public golf facility in the City of San Luis Obispo. The course is nine holes and classified as executive length. The players are typical of this type of course, beginning golfers, youth, and seniors. Senior golfers account for half of the rounds played. Golfers of Middle School and High School ages are using the course in increasing numbers, primarily because of programs offered at the Course in cooperation with the Parks and Recreation Department's Teens Section. LLGC is a cost-effective operation. The course supervisor manages all operations. The 24- acre course is maintained with two full-time workers. The 12-acres to one employee ratio is similar to other maintenance operations in the City. All other staff is part time. The course generates sufficient revenue ($319,000 for 1997-98) to cover operating expenses ($292,100 for 1997-98). However, there is not enough revenue to cover general government costs. For that reason, a General Fund transfer was approved as part of the 1997-99 Budget process. RATE REVIEW OBJECTIVES The objective of the rate review is to establish a fee schedule that maximizes revenue and will accomplish the following: Council Agenda Report - Golf Course Rate Review Page 2 • Ensure continued operation of the course • Establish a rate consistent with other facilities in the area • Create an opportunity for more residents to enjoy golf • Close the gap between overall expenditures and revenue The key element of the 1998-99 rate structure is a modest fee increase of 25C per round. LAGUNA LAKE GOLF COURSE FEES Current: Pro sed: Senior/Youth Weekday: $5.00 $5.25 General Weekday: $7.00 $7.25 Senior Youth Weekend: $5.75 $6.00 General Weekend $7.75 $8.00 Senior/Youth 10-Play Card: $45.00 $47.50 General 10-Play Card: $55.00 $57.50 The new rates will not exclude players and will help to reduce the expenditure revenue gap. Other courses in the area, that are similar in length to Laguna Lake Golf Course, charge fees that are almost identical. They will likely adjust their rates if the Laguna Lake Golf Course rates change. Staff anticipates that an annual rate increase in the 3% -4% range will be necessary in the next three years to maintain a moderate revenue increase. Added revenue will be necessary as several capital improvements are needed at the Course. FISCAL IMPACT The golf course is not generating sufficient revenue to operate as a full Enterprise Fund. To remain as an Enterprise Fund meansit will likely continue to need a General Fund subsidy, primarily to cover the general government portion of the Fund budget. No significant operating changes or CIP projects are proposed for the 1998-99 Budget. Based upon the current projection of 44,000 paid rounds per year, the fee increase would generate sufficient funds to increase the revenue from this year's target of $319,500 to the 1998-99 level of$330,500. As noted in the 1997-99 Financial Plan, the General Fund subsidy for the Golf Course is projected at $61,600 for the 1998-99 Fiscal period. The 1997-98 Golf Revenue is projected as being reduced by $15,000. The fee reduction is because of weather conditions that reduced the green fees. No action is needed on the matter because of the working capital brought forward from the 1996-97 Budget. , Council Agenda Report- Golf Course Fund Rate Review Page 3 ALTERNATIVES Change the status of the LLGC from Enterprise Fund to a General Fund program within the operating budget of the Parks and Recreation Department. As a Department program, the golf course would recover all of its direct costs and 80% of the total City-wide cost of operation. The 80% recovery rate would be higher than any existing department program. There would not be a fiscal impact on the General Fund if LLGC 9s status was changed. Again, course revenue exceeds operating costs. The General Fund supplement to the Golf Course Fund is returned to the General Fund to cover general government costs. Staff, particularly the Golf Course Supervisor and the Parks and Recreation Director, has been reluctant to recommend this change. LLGC status as an Enterprise Fund creates a sense of urgency among the staff members. Every expense is carefully considered before being authorized. However, there is a realization that the Course does not have the facilities to operate as a true self-sustaining Enterprise.Fund. The major shortage is the lack of a full-size driving range. A similar course in Ventura County generates over $200,000 in driving range revenue. LLGC revenue from the "driving range" is $5,000 - $6,000 per year. The Course revenue is not increasing at a level that covers the general government charges. Additionally, Course Capital Improvement Projects and equipment replacement have been deferred for several years. The Projects will likely be to repair/resurface the parking lot, roof replacement for the pro shop, additional tree removals, and equipment replacement. SUMMARY: A modest raise in the current fee structure will increase greens revenue. Based upon recent history (and discounting another El Nino winter), all golf course revenue will continue to increase during the next two-year budget cycle. This increase will not be sufficient to allow the course true Enterprise status. ATTACEMEENT 1. Change in Fund Balance Sheet 2. Resolution U09WAXE WURSEFUNDRAT&DOC �C-3 O OCD O 0 0 0 O C O O O O :'yy4: :k:2;::°�. V'1 lD O O O O 'ITfn cn � 1. Fj:tj; O 0 0 0 O 0 0 0 O O O O O O p O' p p p to P1 O O 0D O O O O N N m N 10/1 O O O O V1 h RT en cn >ke ' O O O O O O O O O O O O O O O O O O O p O O O fig �. y1 0 0 h O O O O O O O :; Rf •Nr O N Q O T O O X00 X00 en :`;:': ,}� <} O O O O O 0 0 0 O O O O O O O ?:£}:' O O O O O O o 0 O O O O 1A eq CD N Ln 0 CL It Wi: tai N N 0c0 OBD b R tn 9. N 0>, O O O O O O O O O O O O O O O O O O O (R v! en co �o Q wl� v1 0 0 P1 4 n N v @ m 00 N M N enLL. Q � .M1*N: ,��yw„y O 0 o O O O O O O }:.<:,<s:}x<:O': 0 0 0 0 0 0 0 0 0 0 0 0 0 0 � O t� O� e+� r 00 N O N N v1 1A v1 en T h N 1: t O h 1A lqt Q .n-i 00 00 N M 00 as 1. 1, VY in Cq en O 4C�}Wit�k:::ice t't:ii:C J.iti W Ic CD VmK 3 $ n d m > Q ;y`'•t;?.a7,h`'::: d '• a eo C O1 v� m O a1 {L %:2:w:Ywc;.'r,.`,'tiu: O a0 q c c0 a O �. •S a OD 'C ¢t:k....j •d in '3 p1� Vl VJ zt; : ' : C7 N Vl G > f�/ O CI C L m L L O W W @.t.t,.};�-?'. .fl 7 O V a1 �jm �C �O u�: f/J Q ai ,O .. .. V � E" •�Oi i0! (.�.1 � N 0 � O � O t;;z.c•m<. 0S CO) # ., .,}. e s m w v a w C m °' °.° ° -a eu eu O Po a al W :<.> o V a o rn o u m •� � d a � � avj r� � u 0. @ u g g F :o m m •C L' . .. W m e a a V 1'4- o o ' °�' d F to m ^:� " > fY. C7 O C4 h y F d O z :. d w r F eu a y o a .. fl e a Q ° ?Rax _ > o a1 o a m Y a c K O Is, e .5 M ti O „ O U „ Owwa „ »= a a > a 2 c...a.....,.} O O U :w.a�'.s<.. o a w 3 3 s:• as ATU M EENT RESOLUTION NO. (1998 Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO INCREASING THE FEE STRUCTURE FOR THE LAGUNA LAKE GOLF COURSE AND RECINDING RESOLUTION NO. 8679 (1997 Series) WHEREAS, it is the policy of the City of San Luis Obispo to review program fees on an ongoing basis; and WHEREAS, those fees are adjusted as required to ensure they remain equitable and adequate to cover the cost of providing services; and WHEREAS, a comprehensive analysis of the Golf Course Fund was performed for fiscal year 1998-99. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of San Luis Obispo as follows: SECTION 1. Resolution No. 8679 (1997 Series) is hereby rescinded, effective July 1, 1998. SECTION 2. The following green fees shall be as follows, effective July 1, 1998: Senior/Youth weekdays $5.25 General Weekdays $7.25 Senior/Youth Weekends $6.00 General Weekends $8.00 Senior/Youth 10-Play Card $47.50 General 10-Play Card $57.50 SECTION 3. The fees for the driving range, wholesale goods, lessons, and other special activities shall be set by the Parks and Recreation Director and the Golf Course Supervisor. Upon motion of , seconded by , and on the following roll call vote: AYES: NOES: ABSENT: lam—� the foregoing resolution was adopted this day of , 1998. Mayor Allen Settle ATTEST: Bonnie Gawf, City Clerk APPROVED AS TO FORM: �*QJF�y e Plto=mey