$300,000 Approved for Golf Course Improvements Using Department Profits

Key Points

  • $300,000 allocated for golf maintenance and equipment
  • Funded entirely by golf profits, not property taxes
  • Golf Enterprise retained earnings remain at over $3.2 million

Article 9 was approved by voters, authorizing the expenditure of $300,000 from the Golf Enterprise fund for capital maintenance and equipment. Select Board member Liz Argo noted that these funds come entirely from the department's retained earnings—essentially the profits from golf operations—rather than from the general tax levy.

Argo assured residents that property tax dollars are not necessary for these investments, highlighting that the golf department's retained earnings account currently sits at a healthy $3,280,521. The funds will be used for various maintenance obligations required to keep the town's golf courses in competitive condition.

The measure passed without significant debate, as residents favored the self-sustaining nature of the golf department's capital funding model.

Motion: To move Article 9 as printed in the warrant.

Vote: Passed