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ORDER APPROVING THE 2025-26 ALLING GOLF COURSE ENTERPRISE FUND BUDGET
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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 2025-2026 as follows:
For the Year Ending 6/30/2025
Fiscal Year 2025 Anticipated Beginning Balance 1,511,787
Anticipated Revenues for Fiscal Year 2025-26
Rental Revenues
Greens Fees 800,000
Cart Rental 300,000
Season Passes 50,000
Surcharge 120,000
Restaurant Income (Rent) 30,000
Locker Rental 0
Net Anticipated Revenue 1,300,000
Anticipated Expenditures for Fiscal Year 2025-26
Administrative Expenditures
Management Fee
(percentage NOI*-restaurant income) 850,000
Revenue Sharing 0
Golf Cart Rentals 150,000
Capital Allocations 200,000
Rolling Stock/Fleet Replacement 100,000
Net Anticipated Expenditures 1,300,000
FY 2025-26 Anticipated Operating Result Gain / (Loss) 0
FY 2024-25 Anticipated End of Year Balance 1,511,787