01-15-2015 Council Packet - Laserfiche WebLink

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f' + COUNCIL MEETING REQUEST FOR COUNCIL ACTION ,�� 2 2�15 DATE: January 1��b460RON0 ITEM NO: Department Approval: dministrator eviewed: Agenda Section: Name Adam T.Edwards Public Works Director/ Title Public Works Director/City Engineer City Engineer's Report Item Description: 2015 Golf Course Fee Sc edule List of Eahibits A. 2014 Fee Schedule B. 2015 Fee Schedule(Proposed) 1. Purpose. The purpose of this action item is to gain Council approval for the Orono Public Golf Course Rate Adjustments for 2015. 2. Background. During the 2014 Season the Orono Golf Course realized a significant increase in number of rounds played; 10890. This is almost double the rounds played in 2013. The course also realized an increase in revenue. As of December 29�', 2014 revenues stand at$142,586 up ftom$100,043 in 2013. Golf course expenditures are expected to meet budget, $151,451. This will result in a loss of $17,500. While this is a drastic improvement over previous years(2001-2013),there are opportunities to increase revenues. Revenues and Expenditures by Year Total Rounds by Year $300,000 - 15000 $200,000 10000 $100,000 5000 $0 2010 2011 2012 2013 2014 0 ■Revenues ■Expenditures 2010 2011 2012 2013 2014 3. Season Pass Fees. An analysis of our Greens fees revenue indicates an imbalance between the course's season passes and individual rounds fees. The number of rounds played by patrons purchasing individual rounds of golf(5,746)and 2ouarano�olfcoun.�oun� Zai4flrorw6olfCoun�Rw�nu� those played by season pass holders �d (4,910)is roughly equal. However the ,,,�� ---"S�� individual rounds generated$75,457.74 ��• of revenue while the season passes only generated$13,371.50. The season pass holders account for 45%of the rounds played but only 15%of the geens fees based revenues. The average revenue per round from individual passes is $13.13 while the average revenue per round from season pass holders is$2.72.