Village Green Golf Course reports good finances in 2019
By Kevin Boneske
HOWARD – Good financial results have been reported this year through the first five months of operation at the Village Green Golf Course after the restaurant closed for much of the winter, Director of Administrative Services Chris Haltom informed village board members at their meeting Monday, June 24.
“I think the formula of closing in the winter, not having months of too high of losses in the restaurant, are paying off this year,” Haltom said. “We were open, I think, a week or two in January, but we didn’t have that high of losses.
Also, a lot of our food is frozen, so we don’t have a huge loss in food costs when it’s time to close. So we’re going to keep our eye on that as the year progresses.”
Financial figures Haltom presented to the board for 2019 show the course had net income of $21,142, compared to a net loss of $19,517 a year earlier through May 31.
The operating revenues and expenses for the restaurant during that period this year were $41,988 and $33,356, respectively, for a positive balance of $8,632, compared to a year earlier when those revenues and expenses were $35,441 and $47,290 for a negative balance of $11,849.
Though the golf course typically isn’t “getting over the hump of the initial investments and maintenance until June, maybe July,” Haltom said he was pleased to see the restaurant have revenues exceed expenses through May for the first time in several years.
Revenue from the golf course also exceeded golf course expenses this year through May 31 with $115,187 and $78,541, respectively.
Haltom also reported the golf course has the same manager this year as last with Jim Boockmeier running the clubhouse.