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City to provide golf‑course profit‑and‑loss statement after council requests
Summary
Council members asked for clearer financials for the city golf course; staff said it was separated from the general fund and will provide a P&L showing revenues and expenses by line item.
Council members questioned prior assumptions that the golf course made money and asked staff for clearer, line‑by‑line accounting.
The City Administrator said staff will produce "a revenue and expense statement... it's a p and l, basically, for the golf course," and that the report will break out seasonality and line‑item revenues and expenses so the council can see whether the enterprise is sustainable. Staff noted the golf course had been separated from the general fund and that transfers have been made in the past to cover losses.
The administrator also told the council that, "if you separate it out, if you measure it, you manage it," and promised the P&L would be made available for council review.
