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ORDER OF THE NEW HAVEN BOARD OF ALDERS APPROVING THE 2026-27 ALLING GOLF COURSE ENTERPRISE FUND BUDGET
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NOW THEREFORE BE IT ORDERED by the New Haven Board of Alders that the operating budget for the Alling Memorial Golf Course fund be and hereby is approved for FY 2026-2027 as follows:
For the Year Ending 6/30/2026
Fiscal Year 2027 Anticipated Beginning Balance 1,511,787
Anticipated Revenues for Fiscal Year 2026-27
Rental Revenues
Greens Fees 1,282,623
Cart Rental 300,000
Season Passes 50,000
Surcharge 120,000
Restaurant Income (Rent) 30,000
Locker Rental 0
Net Anticipated Revenue 1,782,623
Anticipated Expenditures for Fiscal Year 2026-27
Administrative Expenditures
Management Fee
(percentage NOI*-restaurant income) 850,000
Revenue Sharing 0
Golf Cart Rentals 145,392
Capital Allocations 200,000
Rolling Stock/Fleet Replacement 100,000
Net Anticipated Expenditures 1,295,392
FY 2026-27 Anticipated Operating Result Gain / (Loss) 487,231
FY 2026-27 Anticipated End of Year Balance 2,129,956