Mike Heffernan
Mike Heffernan
Mike Heffernan is a former Australian rules footballer who played with Collingwood in the Victorian Football League...
last shape
We're in significantly better shape than we were last year,
black break capital city council course deferred expect funds golf reason system though willing year
Even though this year we expect about a break-even year, the only reason it's going to break even is because we've deferred some of our capital purchases. And the only way for the golf course to get into the black is if the city council is willing to levy at least part of the irrigation system funds with taxes,
playing season
It?s a frustrating season so far. We have to keep working and playing baseball.
anticipate break budget close course finishing fiscal golf july june meet prepared problems track year
The golf course is on track to meet the budget this year. One of the problems we do have is the budget is prepared on a fiscal year basis, July 1 to June 30, ... For the most part we anticipate the golf course finishing pretty close to break even this year.
available basically complete decent early june lose near picture season summer
If we have a decent June 2006, we won't lose near that much money. It may be $130,000, $140,000, ... We do a complete summer season report, basically May through September. That'll be available in early October. It's a more encompassing picture of the summer season.
benefits deal employee less revenue
That's $30,000 less revenue that we have for employee benefits that we have to deal with this year,
maintain spending year
We need to be spending about $50,000 a year out there to maintain the course,
additional amount balance fund offset reduce revenue source unless
Unless we have an additional source of revenue to offset that, that would reduce the fund balance by approximately that amount every year,
costs expense facilities indoor lose offering projected
The expense of offering indoor facilities is what costs us so much money. That's why we have projected to lose $170,000,