7/14/2022
Financially, despite a 30% drop in June rounds when compared to 2021, we are performing well. Through June we are tracking just ahead of our operating budget and on our capital budget, expenditures are underspent, primarily due to receiving very little of our grounds equipment. As we experienced with our power cart fleet, the delivery of our grounds may well occur later than expected this summer.
We’ve had seven membership re-sales thus far, and we have an eighth in the process. Typically, we have between 12-15 resales each year, so we are tracking very close to historic norms. In summary, while it’s fairly early in the golf year, our performance thus far provides me with the confidence that we are on track to deliver the budget this year.
You can reach me by email at
[email protected] or by phone at 705-428-3673.
Gary Ward, General Manager/COO