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3/2/2014 1:01:02 AM
 
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Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879189
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Marty Clark stated that $64 goes out of our annual assessment to pay for the golf course. If it were the $120 you suggest, that would be $1,012,000.00,
I think you need to read Marty's message more closely. I think he mentioned the $64 was operational loss and did not include depreciation, nor the ongoing cost of the golf drainage project. The number $120 is much closer to the actual amount in the assessment to subsidize golf during the period 2007-2017, regardless of how OPA manipulates the numbers each year. OPA's most recent audited financial report shows golf sucked out $958,000 from assessments to subsidize it.... and I don't think those numbers include golf drainage expenses. Here's the link to view the report. |
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For reference, the above message is a reply to a message where: Hi Nancy, I believe in a previous post regarding golf course operations, Marty Clark stated that $64 goes out of our annual assessment to pay for the golf course. If it were the $120 you suggest, that would be $1,012,000.00, based on the approximately 8440 properties we currently have in OP. I believe Marty's $64 is more in line with what actually goes to the golf operation. If Marty's information is correct (I believe it is) then the golf course costs us approximately $5.35, each month per property. |
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OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
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OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
4/26/2025 - 9:00 A.M. |