Thompson and others constantly play games with the numbers. A $10 golf impact on the assessment would mean that the assessment only included a total loss on golf for the year of $84,440. How could anyone at that meeting you attended have listened to this and not be outraged? Actually, I do know. They do not know what is going on. Many don't care.

However, don't listen to me -- Let's look at the Audited Financial Reports:

Audited Report 2015  -- Depreciation for golf $447,939 and total loss of $564,906.

Audited Report 2014 -- Depreciation for golf of $435,344 and total loss of $761,391

Audited Report 2013 -- Depreciation for golf of $420,392 and total loss of $957,293

So, the overall losses on golf for those three years alone amount to $2.3 million, and every nickel of that $2.3 million was taken out of assessment dollars. That is a REAL, AUDITED assessment impact.

Now, unmentioned in the audited financial reports is the money spent on the "golf drainage project." This program began back around 2007 with a then projected cost of $5 million. As of today, the project is about half complete, covering nine holes out of 18. Total cost will likely be in the range of $8 million or more when completed. OPA will spend $3 million more on golf drainage than it spent to build the new Yacht Club. Have you EVER heard that comparison made by a board member or a GM? 

My statement, challenged by some, is that over a 10 year period OPA will spend about $10 million of assessment collections on the golf course. Bob Thompson addressed my $10 million number a couple of years ago. He made fun of my number at a town hall meeting, on video, then paused for a second and added, "But we are getting there."

Believe me -- we are there, despite those who debate with their heart and not their mind, and with no research.