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07-16-2008 VC B WS-M• MINUTES OF THE BUDGET WORKSHOP SESSION VILLAGE COUNCIL OF NORTH PALM BEACH, FLORH)A JULY 16, 2008 Present: William Manuel, Mayor David B. Norris, Vice Mayor Darryl Aubrey, President Pro Tem Edwazd M. Eissey, Councilman T.R. Hernacki, Councilman Jimmy Knight, Village Manager Melissa Teal, CMC, Village Clerk ROLL CALL Mayor Manuel called the Budget Workshop Session to order at 7:00 p.m. All members of Council were present. All members of staff were present, except the Village Attorney. Finance Director Samia Janjua and Director of Golf Mike Gray, were present. RECAP OF JUNE 25. 2008 BUDGET WORKSHOP DISCUSSION ITEMS Mr. Knight advised that capital outlay has been reduced from $79,500 to $44,500 by deleting the • expenditure to renovate the shutlleboazd court sun canopy for use at the driving range. Mr. Knight does not recommend budgeting funds to purchase a mobile canopy. Mr. Knight reviewed pre-payment fees and payoff amounts for Country Club loans. Mr. Knight reported that debt service is $498,901 annually. Discussion took place conceming memberships. Staff recommends that total memberships not exceed 415. Mr. Knight proposed that business memberships (if offered) cost more than resident rates but less than non-resident rates. Current membership numbers were reviewed. It was noted that the existing waiting list of 58 is evenly split between residents and non-residents. Mr. Gray advised that membership renewals will be mailed at the end of July. Discussion ensued on allowing employees to obtain memberships at the resident rate, as well as permitting employees' children to participate in recreation programs at the resident rate. Regarding cart rental fees, Mr. Knight noted that data from the Golf-Trac software system is an aggregate of all rounds played and reflects a slightly lower cost than is actually collected. Discussion was held concerning an administrative fee for work performed for the Country Club by general employees. Mr. Knight displayed a Country Club work order for the month of June, which details work performed by Public Works employees, including date, project, hours worked, and employee rate of pay. Mr. Knight reported that all maintenance work performed by Public Works is invoiced back to the Country Club. Council consensus was that any • administrative fee is to be determined at the end of the fiscal year. Minutes of Village Council Budget Workshop Session held July 16, 2008 Page 2 of 3 • COUNTRY CLUB BUDGET REVIEW Mr. Knight noted that projected membership revenue is based on 394 memberships and does not include summer memberships. Mr. Knight reviewed greens fees, which will include cart rental, but not tax, and will consist of four published categories or seasons. Golf revenues total $3,104,899, including memberships, greens fees, cart fees, and driving range. Brief discussion ensued on "other" revenue, which encompasses food and beverage lease, utility reimbursement, golf handicap services, golf shop sales, investment interest, bag room, lessons, golf ball retrieval, gift certificate sales, rental of golf clubs, and tournament proceeds. Mr. Knight provided a comparison of current yeaz revenue and rounds played through 7/14/08 to projected revenue and rounds of play for FY 2008-2009. Mr. Knight reviewed combined expenses for FY 2008-2009. Mr. Knight reported that contingency is $213,639 and is expected to increase slightly due to the expected reduction in workers' compensation costs. Discussion ensued on contingency. Mr. Knight explained that contingency has increased because of budgetary savings from outsourcing golf course maintenance in the current year's budget. Mr. Knight noted that contingency funds were expended from the current yeaz's budget to install the reclaimed waterline. Mr. Knight advised that $46,000 has been budgeted in FY 2008-2009 for reclaimed water, including $24,000 for availability, with the remainder for water usage. • Mr. Knight reviewed Administration and Golf Shop personnel changes. Mr. Knight reported that the food and beverage contract and golf course maintenance contract will increase based on the August consumer price index (CPI); however, the golf course maintenance contract has a maximum increase of 5%. Mr. Knight noted that the budget was prepazed using April's CPI of 4.5%. Mr. Knight reported $3,573,309 in projected revenue, $3,359,670 in expenses, with an operating income (contingency) of$213,639. Discussion ensued on membership renewals. Mr. Gray explained that current members will have from August 1st to September 14th to renew their membership. Mr. Gray advised that after September 14th, staff will begin contacting those on the waiting list. It was noted that last year any existing member was allowed to renew, even if it was after the deadline. By consensus, the Council agreed to continue the policy of allowing all current members to renew, but expressed concern that memberships not exceed a maximum of 415, with 400 the preferred total. Mr. Knight noted that in discussing memberships, the total does not include junior members. Discussion took place concerning displaying pace of play on the golf cart screens. Mr. Gray will investigate this. • It was noted that the "service levels narrative" pazagraph in the budget should specify five tees. Mr. Knight will provide Council with a revised budget next month, once final costs for items such as insurance have been determined. Minutes of Village Council Budget Workshop Session held July 16, 2008 Page 3 of 3 • CONSENSUS ITEMS Administrative fee to be determined at end of 2007-2008 fiscal yeaz. Current members continue to have preference for membership renewal; however memberships will be capped at 400, with a maximum of415 members allowed, should there be late renewals by current members. Renewal letters will detail this policy. Country Club budget is approved as presented. The next Budget Workshop scheduled for July 23rd will beheld from 7:30 p.m. to 9:30 p.m. ADJOURNMENT With no further business to come before the Council, the meeting adjourned at 8:20 p.m. Melissa eal, CMC, Village Clerk • •