message board home
Next
3/1/2014 9:03:24 PM
 
Reply
or ReplyNewSubject
Section 5: OPA Board Subject: COPE Golf Petition? Msg# 879164
|
||||||
|
Marty,
Thanks for the info. I stand by my reply to Nancy using your number of $64 per property to cover golf losses, which is what she referred to when she used the $120, number. Yes, I have a rudimentary understanding of business economics. That's why I knew we didn't have golf losses amounting to $120 per property owner. |
||||||
|
|
||||||
|
For reference, the above message is a reply to a message where: Carol: You believe whatever you want to believe and please do not allow me to confuse you with the simple facts. Have you no rudimentary understanding of business economics? Here is the bottom line profit/loss number for our golf operation from our audited statement for 2013: -$536,901.00, or approximately $63.57 per assessment. Our assessment also included depreciation in the amount of: $420,392.00, or approximately $49.77 per assessment. There was also some crazy capital expenses like drainage and new greens that would take a great deal of my time and effort to calculate and I have no intention of doing so. The audited amount comes to a approximate total per individual assessment amount for golf of: $113.34 plus the capital. Carol, should you want any further information with regard to the numbers please feel free to go to the oceanpines.org and look for yourself. Marty |
| Calendar |
OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
|
OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
3/29/2025 - 9:00 A.M. |
|
OPA Board Meeting - Golf Clubhouse
4/26/2025 - 9:00 A.M. |