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Finance committee presses review of golf course management after uneven financials
Summary
City finance staff raised concerns about the golf course management company's financial reporting and variable management fees; staff recommended council consider options including reissuing an RFP, tighter approval controls or renegotiation of the management contract.
The Ocean Shores Finance Committee spent a prolonged portion of its July 30 meeting discussing the city's golf course management agreement after finance staff reported confusing monthly statements, variable management fees and city-funded operating costs.
Finance staff said they see months when the golf course reports relatively high revenue on paper while the city receives a small share of that money and still covers significant operating expenses. Committee members cited June as an example: staff said the city received $842 from the course in June despite invoices and line items the finance team considered inconsistent with the amount of revenue reported.
Committee member…
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