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Leawood creates golf course enterprise fund, gifts and grants fund and adopts 2026 fee schedule
Summary
Council adopted ordinances establishing a Golf Course Enterprise Fund to gather operations and capital for Iron Horse, a Gifts & Grants Fund to hold miscellaneous donations for departments, and a 2026 fee schedule; both ordinances passed unanimously and staff said the new funds will increase transparency and make golf‑related income and expenses easier to track.
The council adopted two ordinances and a resolution designed to improve financial transparency for city‑run activities.
An ordinance establishing a Golf Course Enterprise Fund will isolate revenues and expenses from the Iron Horse Golf Course into an operations fund and a capital improvements fund so the public and finance staff can see golf‑related income and expenditures in one place. Finance staff said all current revenue and expense detail will remain available but will be consolidated to make reporting simpler; equipment purchases and capital work will flow through the funds and surpluses can be retained or transferred to capital projects in future budgets.
A companion ordinance creates a Gifts & Grants Fund to receive small, targeted donations (an example cited was a homeowners association donation split between police and fire). That fund lets staff hold and spend donated dollars across fiscal years rather than losing the ability to spend late‑arriving gifts in the fiscal year when they arrive.
Council members asked whether major capital work (for example the planned irrigation system referenced at roughly $3.6 million in the CIP) remains funded through the city’s general obligation debt process; staff said those bond plans are unchanged and the enterprise fund pools operating results for clearer reporting but does not automatically reassign debt service.
Council also adopted a resolution setting the 2026 fee schedule for fees not otherwise in city code, including employee/resident fee treatments and several public‑works permit fee waivers. Each ordinance and the fee schedule resolution passed unanimously by roll call or voice votes.
