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Troon says Raintree posted record rounds, pledges $50,000 start to irrigation capital fund
Summary
Troon Golf’s vice president of operations told Green council committees that Raintree set local highs in rounds and revenue in 2024, outlined capital work and community programs, and said Troon will seed an annual capital fund with a $50,000 check toward a future irrigation project.
Nick Bednar, vice president of operations for Troon Golf, told the City of Green committee meeting on March 11 that Raintree had a strong 2024 season and is positioning capital plans to preserve the municipal asset. "My name's Nick Bednar," he said, and then reviewed national trends and local results that he described as a high-water mark for the course.
Bednar said participation nationally is at historic levels and that Raintree played about 43,453 rounds in 2024. He gave the course's 2024 financials: total revenue just under $2.3 million and net operating income of about $231,000, figures he described as a high-water mark for the facility. He also said outing sales exceeded budget ($412,000 vs. a $350,000 budget) and banquet sales were about $433,000 for 2024.
Bednar described investments made in 2024 — cart-path repaving, new signage, and leased equipment (a rough mower, fairway mower and two greens mowers) — and said capital spending has averaged roughly $215,000 per year over the past four years to address deferred maintenance. He noted an ongoing need: the underground irrigation pipes will eventually require replacement at seven-figure cost, and Troon is beginning a capital-planning program to prepare for that work.
To start the capital fund, Bednar said Troon/Raintree will issue a $50,000 check within a month from last year’s proceeds to seed the fund. "We're going to set aside a certain amount of money every year to put into a capital fund nest egg," he said. The company also described operational improvements, including a new GPS-enabled cart fleet that provides course maps and on-cart ordering, and player-development programs, such as junior lessons and a kids-play-free program.
Council members asked whether Raintree would reconsider resident discounts or designated reduced-fee days for Green residents and under-25s. Bednar said Troon is open to discussion and can share comparative data from other municipalities that use resident rates. He also told council the company will share pricing data annually and work collaboratively with the city on access programs.
Council discussion praised the improvements and highlighted community programming: the city and Raintree ran a middle-school girls’ introductory golf program last year; the course hosts the local high school junior varsity and various fundraising events that, according to Bednar, generated more than $100,000 for local charities through outings.
Bednar closed by underlining the partnership with the city and the company's intent to continue balancing accessibility with revenue generation to keep the course financially sustainable.
