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Finance director: Surbak Cliffs golf course runs a roughly $600,000 operating deficit in FY25; revenue, rate and enterprise-fund options debated
Summary
City finance staff told the commission the municipal golf course is projected to run an approximately $600,000 operating deficit in fiscal year 2025.
City finance staff told the Golf Commission that the municipal golf course operated at an estimated $600,000 deficit in fiscal year 2025 and that the shortfall is covered from the city’s general fund.
“For fiscal year 25, we are expecting to collect about $1,300,000 in revenues and spend about $1,900,000 in expenses, leaving a deficit of about $600,000,” Director Moline, the city’s finance director, told commissioners. She said that deficit is supplemented from the general fund, which relies on sales tax and state shared revenues.
Why it matters: Commissioners…
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