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Grand Prairie officials say municipal golf courses posted third straight profitable year in FY24
Summary
City staff told the Grand Prairie City Council that the two municipal golf courses—Tango Ridge and Prairie Lakes—generated combined net revenue of about $400,000 in fiscal 2024, and staff offered to update a benchmarking study of local course fees if the council requests it.
Grand Prairie parks staff told the City Council during a meeting that the city's two municipal golf courses posted a third consecutive profitable year in fiscal 2024, with combined net revenue of about $400,000 and a reported cost recovery of 114%.
Ray Serta, Parks, Arts and Recreation director, told the council that the city owns and operates two courses: Tango Ridge, an 18-hole “premium” course with hill-country elevation changes, and Prairie Lakes, which offers three 9-hole courses and lower-cost play. “Today, we'll be presenting information on our golf division,” Serta said during the presentation.
Steven Bowles, the city's fiscal manager for the division, presented the golf fund overview and financials. “Bottom line is…
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