The past week involved a lot of time spent on the 20/21 golf course budget. It’s very difficult to be precise because of the COVID 19 and dry conditions. We saw a lot more golfers than we have the past few years and no events were rained out. For the calendar year we had over $77,000 in green fees and over $61,500 in cart rentals. The green fees is the highest total in four years. The cart rental is the highest we have ever received. Attached is a Google Sheet showing revenue information dating back to 2003:
As you can see from the figures on the document revenues vary year to year. There has been a gradual decline over the past 20 years. Seeing the positive 2020 calendar year has me very optimistic. The 20/21 budget is sitting at close to a $60,000 increase compared to the previous year during July thru December. A solid spring start will put us in a lot better financial shape than the past three years.
The budget can fluctuate substantially depending on the weather. 2017 thru 2019 the weather was high precipitation all season. This causes the grass to grow more rapidly, the entire course needs to be mowed frequently, and events get rained out. This leads to higher labor expense, more hours on equipment, and less revenue because of rain days lost. A dry season results in the rough going dormant, less mowing frequency, and more golf days. 2020 was a perfect revenue season.
Please enjoy the upcoming Holidays and take some time to make somebody’s day a little more special. Merry Christmas and Happy Holidays to each of you and your family!
Brian C Mohr
Director of Golf Operations
City of Spencer
101 W 5th Street
Spencer Municipal Golf Course
Spencer, Iowa 51301