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Council records $1.86 million allowance for uncollectible golf-course receivables and approves ordinance to transfer Cimarron property to MEDC
Summary
Council approved recording $1,859,280.87 as an allowance for uncollectible debt related to the city golf course and voted to transfer the Cimarron Golf Course property to the Mission Economic Development Corporation via Ordinance No. 5675; the transfer vote passed with one abstention.
The City of Mission council approved a financial adjustment to the golf-course fund and passed an ordinance to transfer the Cimarron Golf Course property to the Mission Economic Development Corporation (MEDC).
Financial allowance: Staff recommended recording $1,859,280.87 as an allowance for uncollectible debt against an outstanding receivable owed to the general fund by the golf course; staff said the total outstanding receivable is approximately $3,649,280.87 and that projected net recoveries of about $1,790,000 are expected between fiscal years 2026 and 2030. The council approved the allowance as presented; staff noted the final figures may be adjusted slightly during the FY 2024 audit process.
Operational changes and budget practice: Staff said golf operations have historically been supported by general-fund advances and that new budgeting practices now include regular transfers from the general fund to the golf-course fund to reduce future debt accumulation.
Property transfer: In executive session the council considered an ordinance to transfer the Cimarron Golf Course property to the Mission Economic Development Corporation (ordinance number 5675). In open session council voted to proceed with the ordinance; the vote carried with three in favor and one abstention (Mayor Pro Tem Ruben Plata). The council recorded its action to transfer the property to MEDC for redevelopment/management purposes as set out in the ordinance language presented at the meeting.
Why it matters: The financial allowance recognizes a long-standing receivable and formalizes an accounting treatment that limits future accrual; the property transfer changes the ownership/management path for the Cimarron Golf Course and may affect future operations, finances and redevelopment plans.
