Sun City Summerlin Men's 18 Holers Golf Club
#18 Palm Valley
#5 Highland Falls
#10 Highland Falls
#18 Palm Valley
Sun City Golf News
The Rorick Corner
Gentlemen:
Fiscal year 2022 is nearing an end and I wanted to take this opportunity to share with all golfers some great news. Please feel free to share this information with any golfers that you may know and if you have some friends that may question how both Golf and Food and Beverage are performing here are some numbers for you.
As you are aware both Golf and our Food and Beverage Departments are amenities, just like our Gyms, Tennis Courts, Swimming Pools, etc. One difference though is that both of these amenities generate revenue which helps offset their expenses. All other amenities (except for Community Services and the Link) are 100% funded through our annual assessment, meaning that our residents enjoy the use of these amenities for no additional charge.
Prior to Fiscal Year 2021 Golf (including the Pro Shops and Golf Course Maintenance) cost each homeowner approximately $29 per month to bring Golf to revenue neutral. However, beginning in Fiscal 2021 and continuing this year, due to a variety of reasons, our Golf Team has delivered outstanding results. Fiscal year 2021 cost our homeowners $15.25 a month and this year through May 2022 we are sitting at $12.28 per month. All in through May 2022, Golf is beating their budget by $1.6 million dollars.
We all owe a sincere thanks to our golf team. The golf courses are our single biggest asset driving property values here in Sun City Summerlin, and we all have something that we should be very proud of. In addition, I would like to thank all of our golfers that support our restaurants. This is another amenity that is supported through our annual assessment to become revenue neutral. That said through May 2022 (11 months of the fiscal year) the restaurants are also beating budget and their monthly cost to our homeowners is $4.54. This is minimal and with just a little bit more support we can in fact cut black ink in our restaurants. I know that WE can do it.
In closing, thanks to all of you for your support. We live in a great community and it is our responsibility to keep it that way. Take the time to thank the individuals that work in Golf Operations (Pro Shops and Golf Course Maintenance) along with those that work in our restaurants for a job well done.
Jeff
About the 2020 World Handicap System
The vision to unify the six different handicap systems in use around the world into a single World Handicap System required the commitment of, and collaboration between, many organizations. All of the organizations have provided their support to this important initiative and played their part in establishing the key principles, which shaped the proposals and drove forward the initiative to the point where a new World Handicap System can be introduced to the golfing world in 2020.
